Nityanand Udyog IPO

Initial public issue of up to 44,60,000 equity shares of face value of Rs. [] each (equity shares) of Nityanand Udyog Limited (Company or Issuer) for cash at a price of Rs. [] per equity share (including a Share Premium of Rs. [] per Equity Share) (Issue Price) aggregating up to Rs. [] crores of which up to [] equity shares of face value of Rs. [] each for cash at a price of Rs. [] per equity share including a share premium of Rs. [] per equity share aggregating to Rs. [] crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of [] equity shares of face value of Rs.10/- each at a price of Rs.[] per equity share aggregating to Rs. [] is herein after referred to as the Net Issue. The issue and the net issue will constitute [] % and [] % respectively of the post issue paid up equity share capital of the company. the face value of equity shares is Rs. [] each. The issue price is [] times the face value of the equity shares. The company in consultation with brlm may consider a further issue of specified securities, including by way of a private placement, rights issue, preferential offer or any other method as may be permitted under applicable law to any person(s), aggregating up to Rs. 2.00 crores, at its discretion, prior to the filing of the red herring prospectus with the roc (pre-ipo placement). if the pre-ipo placement is undertaken, the fresh issue size will be reduced to the extent of such pre-ipo placement, subject to the net offer constituting at least 25% of the post-issue paid-up equity share capital of the company. The face value of equity shares is Rs. 10/- 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.