| Initial public offer of 57,693,307 equity shares of face value of Re. 1/- each (Equity Shares) of Vidya Wires Limited (Company or Issuer) for cash at a price of Rs. 52 per equity share (Including a Share Premium of Rs. 51 per Equity Share) (Offer Price) aggregating to Rs. 300.01 crores (Offer) comprising a fresh issue of 52,692,307 equity shares of face value of Re. 1/- each aggregating to Rs. 274.00 crores by the company (the Fresh Issue) and an offer for sale of 5,001,000 equity shares of face value of Re. 1/- each aggregating to Rs. 26.01 crores by the promoter selling shareholders (Offer for Sale) comprising 2,500,500 equity shares of face value of Re. 1 each aggregating to Rs. 13.03 Crores by shyamsundar rathi and 2,500,500 equity shares of face value of Re. 1 each aggregating to Rs. 13.00 Crores by shailesh rathi ( Collectively, the Promotor Selling Shareholders and such equity shares, the Offered Shares ). The offer Constituted 27.13% of the post-offer paid-up share capital of the company. Price Band: Rs. 52/- for equity share of face value of Rs. 1 each. The floor price is 52 times times the face value times of the face value of the equity shares. Bids can made for a minimum of 288 equity shares and in multiples of 288 equity shares thereafter. |