| Initial public offer of up to 43,239,042 equity shares of face value of Rs. 10/- each ("Equity Shares") of Bonfiglioli Transmissions Limited ("the Company" or the "Issuer") for cash at a price of Rs. [*] per equity share (including a premium of Rs. [*] per equity share) ("Offer Price") aggregating to Rs. [*] crores through an offer for sale (the "Offer") of up to 43,239,042 equity shares of face value of Rs.10/- each aggregating to Rs. [*] crores (the "Offer for Sale" and such equity shares, the "Offered Shares") by Bonfiglioli S.P.A. ("Promoter Selling Shareholder"). The offer shall constitute [*]% of the post-offer paid-up equity share capital of the company. For subscription by eligible employees ("Employee Reservation Portion"). The company consultation with the brlms, offer a discount of Rs. 29 of the offer price to eligible employees bidding in the employee reservation portion ("Employee Discount"). Subject to necessary approvals as may be required. The offer less the employee reservation is hereinafter to as the " Net Offer". The offer and the net offer shall conconstitute [*]% and [*]% of the post-offer paid-up equity share capital of the company, Respectivelt.
Price Band: Rs. 558/- to Rs. 586/- for equity share of face value of Rs. 10 each.
The floor price is 55.80 times times the face value and cap price is 58.60 times of the face value of the equity shares.
Bids can made for a minimum of 25 equity shares and in multiples of 25 equity shares thereafter.
A discount of Rs. 29 per equity share is being offered to eligible employees bidding in the employee reservation portion. |