Silver Consumer Electricals IPO

Initial public offering of up to [] equity shares of face value of Rs. 2/- each (Equity Shares) of Silver Consumer Electricals 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.1400.00 crores comprising a fresh issue of up to [] equity shares of face value of Rs. 2/- each aggregating up to Rs. 1000.00 crores by the company (Fresh Issue) and an offer for sale of up to [] equity shares of face value of Rs. 2/- each aggregating up to Rs. 400.00 crores by Vinit Dharamshibhai Bediya (the Promoter Selling Shareholder) and such equity shares offered by the promoter selling shareholder (Offer for Sale and together with the fresh issue, the Offer). The company, in consultation with the book running lead managers, may consider a pre-ipo placement for an amount up to Rs. 200.00 crores, as may be permitted under applicable law, 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 book running lead managers. 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. 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 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 face value of equity shares is Rs. 2/- each. the offer price is [] times the face value of the equity shares. The price band, and the minimum bid lot shall be decided by the company.