| Initial public issue of 11,25,000 equity shares of face value of Rs. 10.00/- each ("equity shares") of Atam Valves Limited ("The Company" or The "Issuer") for cash at a price of Rs. 40 per equity share (The "Issue Price"), (including a premuim of Rs. 30 per equity share), aggregating Rs. 4.50 crores ("The Issue"), of which 57,000 equity shares of face value of Rs. 10.00/- for cash at a price of Rs. 30 each aggregating Rs. 0.23 crores will be reserved for subscription by market maker to the issue (The "market maker reservation portion"). The issue less market maker reservation portion i.e. Issue of 10,68,000 equity shares of face value of Rs. 10.00 each for cash at a price of Rs. 40 per equity share, aggregating to Rs. 4.27 crores is hereinafter referred to as the "net issue". The issue and the net issue will constitute 27.27 % and 25.89% respectively of the post issue paid up equity share capital of the company. |