Corrtech Energy IPO

Initial public offer of upto 60,48,000 equity shares of face value of inr.10 /- each (the Equity Shares) of Corrtech Energy Limited (The Company or CEL or The Issuer) at an issue price of inr [] per equity share for cash, aggregating up to inr [] crores (Public Issue) out of which 3,04,000 equity shares of face value of inr 10 each, at an issue price of inr [] per equity share for cash, aggregating inr [] crores will be reserved for subscription by the market maker to the issue (the Market Maker Reservation Portion) and upto [] equity shares of face value of inr 10 each, at an issue price of inr [] per equity share for cash, aggregating inr [] crores will be reserved for subscription by eligibles (the employee reservation portion). The public issue less market maker reservation portion and employee reservation portion i.e. issue of [] equity shares of face value of inr 10 each, at an issue price of inr [] per equity share for cash, aggregating upto inr [] crores is herein after referred to as the Net Issue. The public issue and net issue will constitute 26.47% and [*]% respectively of the post-issue paid-up equity share capital of the company. The price band and the minimum bid lot will be decided by the company.