| Initial public offering of up to 58,60,000 equity shares of face value of Rs. 10 each (Equity Shares) of Arunaya Organics Limited (Company or the Issuer) for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) (Offer Price) aggregating up to Rs. [*] crores comprising a fresh issue of up to 52,60,000 equity shares aggregating up to Rs. [*] crores by the company (Fresh Issue) and an offer for sale of up to 6,00,000 equity shares aggregating up to Rs. [*] crores by Shivali Agrawal (Promoter Selling Shareholder), (the Offered Shares) (the Offer for Sale and together with the fresh issue, the Offer) of which 2,96,000 equity shares aggregating to Rs. [*] crores will be reserved for subscription by market maker to the offer (the Market Maker Reservation Portion). The offer, less market maker reservation, i.e. net offer 55,64,000 equity shares of face value of Rs. 10 each at price of Rs. [*] per equity share aggregating to Rs. [*] crores is herein after referred to as the Net Offer. The offer and the net offer will constitute 33.41% and 31.72% respectively of the fully-diluted post-offer paid-up equity share capital of the company. Price Band: Rs. 55 to Rs. 58 per equity share of the face value of Rs. 10 each. The floor price is 5.5 times of the face value of the equity shares and the cap price is 5.8 times of the face value of the equity shares. Bids can be made for a minimum of 2000 equity shares and in multiples of 2000 equity shares thereafter. |