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Neolite ZKW Lightings IPO

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Issue Date

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Price Range

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Lot Size

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IPO Size

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Initial public offering of up to [] equity shares of face value of Rs. 10/- each (equity shares) of Neolite ZKW Lightings Limited (the company or the 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. 600.00 crores (the offer). The offer comprises of a fresh issue of up to [] equity shares by the company aggregating up to Rs.400.00 crores (the fresh issue) and an offer for sale of up to [] equity shares (the offered shares) aggregating up to Rs. 200.00 crores consisting [] equity shares aggregating up to Rs. 114.00 crores by Rajesh Jain, [] equity shares aggregating up to Rs. 40.00 crores by Neokraft Global Private Limited and [] equity shares aggregating up to Rs. 46.00 crores by ZKW Group Gmbh (collectively, the selling shareholders). This offer includes a reservation of up to [] equity shares of face value of Rs. 10/- each aggregating up to Rs. [] crores (constituting up to []% of the post-offer paid up equity share capital of the company) for subscription by eligible employees (the employee reservation portion). The company, in consultation with the book running lead managers, may offer a discount of up to [] % (equivalent of Rs. [] per equity share) to the offer price to eligible employees bidding under the employee reservation portion (employee discount). The offer less the employee reservation portion is hereinafter referred to as the net offer. The offer and the net offer shall constitute []% and []%, respectively of the post-offer paid-up equity share capital of the company respectively. The company, in consultation with the brlms, may consider a pre-ipo placement of specified securities, as may be permitted under the applicable law, aggregating up to Rs. 75.00 crores, at its discretion, prior to filing of 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 20.00% of the size of the fresh issue. The utilisation of the proceeds raised pursuant to the pre-ipo placement will be done towards the objects in compliance with applicable law. Prior to the completion of the offer, 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 that the offer may be successful and will result in the listing of the equity shares on the stock exchanges. The company shall report any pre-ipo placement to the stock exchanges within 24 hthes of such pre-ipo placement (in part or in entirety). Further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement (if undertaken). The face value of the equity share is Rs. 10/- each. The offer price is [] times the face value of the equity shares. The price band and the minimum bid lot size will be decided by the company.

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The Neolite ZKW Lightings IPO opens for subscription from [-] to [-], with a total issue size of [-]. The IPO price band is ₹[-] per share with a lot size of [-]. The company aims to list the shares on BSE & NSE on [-].

The Neolite ZKW Lightings IPO will open for subscription on [-] and will close on [-] for investors.

The minimum lot size for the Neolite ZKW Lightings IPO is [-] equity shares, requiring a minimum investment of ₹[-] for retail investors applying in the IPO.

The price band of the Neolite ZKW Lightings IPO has been fixed at ₹[-] per equity share.

You can apply for the Neolite ZKW Lightings IPO online through the Kotak Neo Website or the Kotak Neo App using UPI or ASBA during the IPO subscription period.

Neolite ZKW Lightings IPO allotment will take place on [-].

You can check the Neolite ZKW Lightings IPO allotment status online on the registrar’s website or on the NSE and BSE IPO allotment pages using your application number, PAN, or demat account details.

Neolite ZKW Lightings shares will list on the stock exchanges on [-].