Electromech Infraprojects IPO

Initial public offer of up to [] equity shares of face value of Rs. 5 each (Equity Shares) of Electromech Infraprojects Limited (Company Or Issuer) for cash at a price of Rs. [] per equity share (including a share premium of Rs. [] per equity share) (Offer Price) aggregating up to Rs. [] Crores comprising a fresh issue of up to [] equity shares of face value of Rs. 5 each aggregating up to Rs. 326 Crores by the company (Fresh Issue) and an offer for sale of up to 8,93,000 equity shares of face value of Rs. 5 each aggregating up to Rs. [] Crores by Paresh Pratap Maniar, 3,28,000 equity shares of face value of ? 5 each aggregating up to Rs. [] Crores by Varun Paresh Maniar, 1,00,000 equity shares of face value of ? 5 each aggregating up to ? [] Crores by Mitesh Pratap Maniar, 45,000 equity shares of face value of Rs. 5 each aggregating up to Rs. [] Crores by Chandrika Paresh Maniar and up to 5,25,000 equity shares of face value of Rs. 5 each aggregating up to Rs. [] Crores by Aig Direct Llc (the Selling Shareholder or Selling Shareholders and such equity shares offered by the selling shareholders, the Offered Shares and such offer, the Offer For Sale and together with the fresh issue (the Offer). The offer shall constitute []% of the post-offer paid up equity share capital of the company. The company, in consultation with the brlm, may consider a pre-ipo placement of equity shares aggregating up to Rs. [] Crores, as may be permitted under applicable law, at its discretion, prior to filing of the red herring prospectus with the roc (Pre-Ipo Placement). The pre-ipo placement, if undertaken, will be at a price to be decided by the company, in consultation with the brlm. if the pre-ipo placement is completed, the amount raised pursuant to the pre-ipo placement will be reduced from the fresh issue, subject to compliance with rule 19(2)(b) of the securities contracts (regulation) rules, 1957, as amended. The pre-ipo placement shall not exceed 20% of the size of the fresh issue. prior to the completion of the offer, our company shall appropriately intimate the subscribers to the pre-ipo placement, prior to allotment pursuant to the pre-ipo placement, that there is no guarantee that our company may proceed with the offer, or the offer may be successful and will result into listing of the equity shares on the stock exchanges. Further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement shall be appropriately made in the relevant sections of the red herring prospectus and the prospectus. The face value of the equity shares is Rs. 5 each. The offer price is [*] times the face value of the equity shares. The price band and the minimum bid lot will be decided by the company.