| Esprit Stones Ltd |
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| Initial public offer of up to 57,95,200 equity shares^ of face value (Rs)10 each (the "Equity Shares") of Esprit Stones Limited ("The Company" or the "Issuer") for cash at a price of (Rs)[*] per equity share (including a securities premium of (Rs)[*] per equity share) ("Issue Price"), aggregating up to (Rs)[*] crores (the "Issue") of which 2,91,200 equity shares aggregating to (Rs)[*] crores (constituting up to 1.33% of the post-issue paid-up equity share capital of the company) will be reserved for subscription by market maker ("Market Maker Reservation Portion") and up to 1,28,000 equity shares aggregating up to (Rs)[*] crores (constituting up to 0.58% of the post-issue paid-up equity share capital of the company) will be reserved for subscription by eligible employees (the "Employee Reservation Portion"). The company, in consultation with the book running lead managers, may offer a discount of up to [*]% (equivalent of (Rs)5 per equity share) to the issue price to eligible employees bidding under the employee reservation portion ("Employee Discount"). The issue less the market maker reservation portion and employee reservation portion is hereinafter referred to as the "net issue". The issue and the net issue will constitute 26.41 % and 24.50 % respectively of the post-issue paid-up equity share capital of the company.
Price Band: (Rs)82 to (Rs)87 per equity share of face value of (Rs)10 each.
The floor price is 8.2 times of tha face value of and tha cap price is
8.7 times of the face value.
Bid can be made for a minimum of 1600 equity share and in multiples of 1600 equity share thereafter.
A discount of (Rs)5 per equity share is being offred to eligible employee bidding in the employee reservation portion. |
| Issue |
Money Payable On |
| Opens On |
Closes On |
Offer Price |
Application Money |
Allotment Money |
| 26-Jul-24 |
30-Jul-24 |
(₹ )82.00-87.00 |
(₹ )82.00-87.00 |
(₹ )0.00 |
| Minimum Application for shares in Nos :1600 Further Multiples of :1600 |
| |
(₹ Cr) |
Lead Managers to the Issue |
| Project Cost |
0.00 |
| Choice Capital Advisors Pvt Ltd | | Srujan Alpha Capital Advisors LLP |
|
| Project Financed through Current Offer |
47.52 |
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| Post Issue Equity Share Capital |
0.00 |
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| Face Value |
10 |
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