Novus Tower, Second Floor, Plot No. 18, Sector 18, Gurugram, Haryana - 122015
Phone: 6435000

Public Issue of 11508704 Equity Shares of Rs 5.00 each for Cash at a Premium of Rs 832.00 per share.
Issue Open DateIssue Closing DateApplication MoneyAllotment Money
07/07/202109/07/2021837.00 -
Lead Managers Registrar Listed at
EQUIRUS CAPITAL PRIVATE LIMITED
HDFC BANK LIMITED
ICICI SECURITIES LTD
KOTAK MAHINDRA CAPITAL COMPANY LTD.
MOTILAL OSWAL INVESTMENT ADVISORS LIMITED
SBI CAPITAL MARKETS LIMITED
KFIN Technologies Pvt. Ltd.
Karvy Selenium, Tower B,
Plot No. 31 & 31, Gachibowli,, Financial District, Nanakramguda,
Ranga Reddy District, Telangana - 500032
Phone: 67162222 Fax: 23431551
BSE
NSE
Object of the issue

The objects of the Offer are to achieve the benefits of listing the Equity Shares on the Stock Exchanges and for the offer for sale of up to 11,508,704 Equity Shares by the Selling Shareholders aggregating up to Rs. [.] million.

The Company expects that listing of the Equity Shares will enhance the visibility and brand and provide liquidity to its existing Shareholders. the Company will not directly receive any proceeds from the Offer and all proceeds from the Offer will be received by the Selling Shareholders, in proportion to the Equity Shares offered by them in the Offer for Sale.

Offer Expenses

The total expenses of the Offer are estimated to be approximately Rs. [.] million. The Offer expenses includes listing fees, fees payable to the BRLMs, underwriting fees, selling commission, legal counsels, advisors to the Offer, Registrar to the Offer, Banker(s) to the Offer including processing fee to the SCSBs for processing ASBA Forms submitted by ASBA Bidders procured by the Syndicate and submitted to SCSBs, brokerage and selling commission payable to Registered Brokers, RTAs and CDPs, printing and stationery expenses, advertising and marketing expenses and all other incidental expenses for listing the Equity Shares on the Stock Exchanges.

The parties to the Offer Agreement, including the Selling Shareholders have jointly and severally agreed, that the expenses with respect to the Offer will be borne by the following Selling Shareholders only and will be reimbursed to the Company in the following manner:

(i) Pradeep Kumar Agarwal shall bear such percentage of the expenses as is the proportion of his contribution to the Offered Shares; and

(ii) India Business Excellence Fund and India Business Excellence Fund I shall bear all expenses other than the portion mentioned in point (i) above in the proportion to their respective contribution to the aggregate of the Equity Shares being offered by them.

The expenses incurred in relation to the Offer will be borne in accordance with the arrangement above, both in the event of successful completion of the Offer, or in the event that the Offer is withdrawn or not completed for any reason whatsoever.

Promoted by

The Promoters of the Companys are :

1. Vinod Kumar Agarwal

2. Ajendra Kumar Agarwal

3. Purshottam Agarwal

4. Lokesh Builders Private Limited