Overview

• Shares will be priced between Rs 640 and Rs 675 each, with the anchor book opening July 28 and public subscription scheduled from July 29 to July 31.
• The IPO combines a fresh issue of Rs 500 crore with an Rs 800 crore offer-for-sale by existing shareholders, totaling Rs 1,300 crore.
• Rs 375 crore from the fresh issue will be allocated to debt repayment and the remainder directed toward general corporate purposes.
• Seventy-five percent of the issue is reserved for qualified institutional buyers, 15% for non-institutional investors and 10% for retail subscribers.
• ICICI Securities and IIFL Securities are the book-running managers with MUFG Intime India as registrar and shares expected to list on August 5 following allotment on August 1.