Sai Urja Indo Ventures IPO

Initial public offer of up to 33,78,000 equity shares of face value of Rs. 10/- each of Sai Urja Indo Ventures Limited (Sai Urja or the company or the issuer) for cash at an offer price of Rs. []/- per equity share (the offer price), aggregating up to Rs. []/- crores, comprising of a fresh issue of up to 30,66,000 equity shares of face value of Rs. 10/- each aggregating to Rs. []/- crores by the company (fresh issue) and an offer for sale of up to 3,12,000 equity shares of face value of Rs. 10/- each by Santosh Ajay Kumar Mittal and Harsh Ajaykumar Mittal (the promoter selling shareholders) aggregating to Rs. []/- crores (offer for sale). Out of the offer up to [] equity shares of face value of Rs. 10/- each, at an offer price of Rs. []/- per equity share for cash, aggregating to Rs. []/- crores will be reserved for subscription by the market maker to the offer (market maker reservation portion). The offer less the market maker reservation portion i.e. offer of [] equity shares of face value of Rs. 10/- each, at an offer price of Rs. []/- per equity share for cash, aggregating to Rs. []/- crores is hereinafter referred to as the net offer. The offer and the net offer will constitute []% and []%, respectively of the post offer paid up equity share capital of the company. The face value of the equity share is Rs. 10/- each and the offer price is [*] times of the face value.