Initial public offer of up to 61,00,800 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Influx Heathtech Limited (the Company or IHL or the Issuer) at an offer price of Rs. [*] per equity share for cash, aggregating up to Rs. [*] crores (Public Offer) comprising of a fresh offer of up to 50,00,400 equity shares aggregating to Rs. [*] crores (the Fresh Offer) and an offer for sale of upto 11,00,400 equity shares by the promoter selling shareholder, Munir Abdul Ganee Chandniwala (Offer for Sale) aggregating to Rs. [*] crores, (Hereinafter Refferd as Promoter Selling Shareholder) out of which up to 3,06,000 equity shares of face value of Rs. 10/- each, at an offer price of Rs. [*] per equity share for cash, aggregating Rs. [*] crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. offer of 57,94,800 equity shares of face value of Rs. 10/- each, at an offer price of Rs. [*] per equity share for cash, aggregating Rs. [*] crores is herein after referred to as the "Net Offer". The public offer and net offer will constitute 26.35 % and 25.03 % respectively of the post- offer paid-up equity share capital of the company.
Price band: Rs. 91/- to Rs. 96/- per equity share of face value Rs. 10/- each.
The floor price is 9.1 times of the face value and the cap price is 9.6 times of the face value of the equity shares.
Bids can be made for a minimum of 1200 equity shares and in multiples of 1200 equity shares thereafter. |