Leap India IPO

Initial public offer of up to [] equity shares of face value of Re.1/- each (equity shares) of Leap India Limited (company) 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.2400.00 crores (the offer) comprising a fresh issue of up to [] equity shares of face value of Re.1/- each aggregating up to Rs.400.00 crores by the company (fresh issue) and an offer for sale of up to [] equity shares of face value of Re.1/- each aggregating up to Rs.2000.00 crores (the offer for sale), consisting of up to [] equity shares of face value of Re.1/- each aggregating up to Rs. 1998.62 crores by Vertical Holdings II Pte. Ltd. (the promoter selling shareholder) and up to [] equity shares of face value of Re.1/- each aggregating up to Rs. 1.38 crores by Kia EBT Scheme 3 (Acting Through its Trustee, Catalyst Trusteeship Limited) (the Promoter Group Selling Shareholder, and together with promoter selling shareholder, the selling shareholders and such equity shares so offered by the selling shareholders, the offered shares and such offer for sale together with the fresh issue, the offer). The company, in consultation with the brlms, may consider a further issue of specified securities, as may be permitted under applicable law, at its discretion, aggregating up to Rs.80.00 crores, in one or more tranches prior to filing of the (pre-ipo placement). The pre-ipo placement, if undertaken, will be at a price to be decided by the company, in consultation with the brlms. 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 scrr. The pre-ipo placement, if undertaken, shall not exceed 20% of the size of the fresh issue. The 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 the 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 (if undertaken). The offer includes a reservation of up to [] equity shares of face value of Re.1/- each, aggregating up to Rs.[] crores (constituting up to []% of the post-offer paid-up equity share capital), for subscription by eligible employees (Employee Reservation Portion). The company, in consultation with the brlms may offer a discount of up to []% of the offer price to eligible employees bidding in the employee reservation portion (employee discount), subject to necessary approvals as may be required. The offer less the employee reservation portion is hereinafter referred to as the Net Offer. The offer and the net offer shall constitute []% and []% of the post-offer paid-up equity share capital of the company, respectively. The face value of equity shares is Re.1/- 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.