Registered Office:
No 56 3rd Floor Sai Arcade,Outer Ring Rd Devarabeesanahal,
Bangalore - 560103,
Karnataka, India.
Phone : 91-080-4227 5300
Fax : NA
Initial public offering of 16,124,456 equity shares* of face value of (Rs) 5 each ("Equity Shares") of eMudhra Limited (the "Company" or the Issuer") for cash at a price of (Rs) 256 per equity share (including a share premium of
(Rs) 251 per equity share) ("Offer Price") aggregating to (Rs) 412.79 crores* (the "Offer") comprising a fresh issue of 6,289,062 equity shares* aggregating to (Rs) 161.00 crores by the company (the "Fresh Issue") and an offer for sale of 9,835,394 equity shares* aggregating to (Rs) 251.79 crores* comprising of 3,289,257 equity shares* aggregating to (Rs) 84.21 crores* by Venkatraman Srinivasan and 4,516,246 equity shares* aggregating to
(Rs) 115.62 crores* by Taarav Pte Limited (collectively, the "Promoter Selling Shareholders"),"510,638 equity shares* aggregating to (Rs) 13.07 crores* by Kaushik Srinivasan, 504,307 equity shares* aggregating to
(Rs) 12.91 crores* by Lakshmi Kaushik, 881,869 equity shares* aggregating to (Rs) 22.58 crores* by Arvind Srinivasan and 133,077 equity shares* aggregating to (Rs) 3.41 crores* by Aishwarya Arvind (collectively, "Other Selling Shareholders and together with the promoter selling shareholders the "Selling Shareholders") and such offer for sale by the selling shareholders, the "Offer for Sale").
*Subject to basis of allotment.
The face value of equity shares is (Rs) 5 each. The offer price is 51.20 times the face value of the equity shares.
Opens On
Closes On
Application
Allotment
20-May-22
24-May-22
256.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
58
Further Multiples of :
58
(Rs.Cr)
Lead Managers to the Issue
Project Cost
133.13
IIFL Securities Ltd
Project Financed through Current Offer
412.79
Post Issue Equity Share Capital
39.04
Repayment or Pre-Payment,in full or in part, of all or Certain Borrowings Availed by the Company
Funding Working Capital Requirements of the Company
Purchase of Equipments and Funding of Other Related Costs for Data Centers Proposed to be set up in India and Overseas Locations
Funding of Expenditure Relating to Product Development
Investment in eMudhra INC for Augmenting its Business Development Sales, Marketing and Other Related Costs for Future Growth
General Corporate Purposes