| Initial public offering of 18,769,701 equity shares of face value of Rs. 10 each (The "Equity Shares") of Mrs. Bectors Food Specialities Limited ("The Company" or The "Company" or The "Issuer") for cash at a price of Rs. 288~ per equity share (including a share premium of Rs. 278 per equity share) (The "Offer Price") aggregating to Rs. 540.54 crores (The "Offer") comprising a fresh issue of 1,408,592 equity shares aggregating to Rs. 40.54 crores (The "fresh issue") and an offer for sale of 17,361,109 equity shares (The "offered shares") aggregating to Rs. 500.00 crores, comprising an offer for sale of 8,506,944 equity shares aggregating to Rs. 245.00 crores by Linus Private Limited, 1.336,805 equity shares aggregating to Rs. 38.50 crores by Mabel Private Limited, 6,458,333 equity shares aggregating to Rs. 186.00 crores by GW Crown Pte. Ltd. and 1,059,027 equity shares aggregating to Rs. 30.50 crores by GW Confectionary Pte. Ltd. (Mabel Private Limited, GW Crown Pte. Ltd., and GW Confectionary Pte. Ltd., together reffered to as "Gateway selling shareholders", The Gateway selling shareholders and Linus Private Limited, collectively referred to as "selling shareholders" and such offer by selling shareholders, the "offer for sale"). This offer includes a reservation of 18,315 equity shares aggregating to Rs. 0.50 crore (constituting up to 0.03% of the post-offer paid-up equity share capital of the company) for purchase by eligible employees (The "Employee reservation portion"). The offer less the employee reservation portion is hereinafter referred to as the "net offer". The offer and the net offer would constitute at least 31.95% and 31.92%, respectively, of the post-offer paid-up equity share capital of the company. The Company and the selling shareholders in consultation with the book running lead managers, may offer a discount of up to Rs. 15.00 of the issue price to eligible employees bidding in the employee reservation portion ("employee discount").
The Face value of the equity share is Rs. 10 each and The Offer price is 28.80 times the face value of equity share.
|