Advanta Enterprises IPO

Initial public offering of up to 36,105,578 equity shares bearing face value of Rs.1/- each (equity shares) of Advanta Enterprises Limited (company or issuer) for cash at a price of Rs.[] per equity share (offer price) aggregating up to Rs.[] crores, comprising an offer for sale of up to 28,107,578 equity shares by UPL Limited (the promoter selling shareholder) aggregating up to Rs.[] crores, up to 7,995,390 equity shares by Melwood Holdings II Pte. Ltd., aggregating up to Rs.[] crores and up to 2,610 equity shares by KIA EBT Scheme 2, aggregating up to Rs.[] crores (collectively, the investor selling shareholders and together with the promoter selling shareholder, the selling shareholders) (the offer for sale or the offer, and such equity shares, The offered shares). The offer includes a reservation of [] equity shares of face value of Rs.1/- each, aggregating up to Rs.[] crores (constituting up to 5.00% of the post offer paid-up equity share capital of the company) for subscription by eligible employees (the employee reservation portion). The offer less the employee reservation portion is hereinafter referred to as the net offer. The company may, in consultation with the brlms, offer a discount of up to []% to the offer price (equivalent to Rs.[] on the offer price) to eligible employees bidding in the employee reservation portion (employee discount). The offer and the net offer shall constitute []% and []%, respectively, of the post-offer paid-up equity share capital of the company. The face value of the equity shares is Rs.1/- each and the offer price is [] times the face value of the equity shares. The price band, employee discount, if any and the minimum bid lot size will be decided by the company.