Vivid Electromech IPO

Initial public offer of upto 23,52,000 equity shares of face value of Rs.10/- each (the equity shares) of Vivid Electromech Limited (the company or the issuer) at an offer price of Rs.[] per equity share (including share premium of Rs.[] per equity share) for cash, aggregating up to Rs.[] crores (public offer) comprising of a fresh issue of 18,84,000 equity shares aggregating to Rs. [] crores (the fresh issue) and an offer for sale of 4,68,000 equity shares by the promoter selling shareholder (offer for sale) aggregating to Rs. [] crores comprising; 1,17,000 equity shares aggregating up to Rs.[] crores by Sameer Vishvanath Attavar and 3,51,000 equity shares aggregating up to Rs.[] crores by Meeta Sameer Attavar (collectively refferd as promoter selling shareholders), out of which [] equity shares of face value of Rs.10/- each, at an offer price of Rs.[] per equity share for cash, aggregating Rs.[] crores will be reserved for subscription by the market maker to the offer (the market maker reservation portion). The public offer less 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 upto Rs.[] crores is herein after referred to as the net offer. The public offer and net offer will constitute []% and [*]% respectively of the post- offer paid-up equity share capital of the company. The price band and the minimum bid lot will be decided by the company.