Ganesh Consumer Products Ltd - IPO

Ganesh Consumer Products Ltd IPO Details

Initial public offering of up to [*] equity shares of face value of Rs. 10 each of the company (Equity Shares) 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. [*] crores (Offer). The offer comprises a fresh issue of up to [*] equity shares of face value of Rs. 10 each aggregating up to Rs. 130.00 crores (Fresh Issue) and an offer for sale of up to 12,442,089 equity shares of face value of Rs. 10 (Offered Shares) aggregating up to Rs. [*] crores, comprising up to 2,946,225 equity shares of face value of Rs. 10 aggregating up to Rs. [*] crores by Manish Mimani, up to 145,494 equity shares of face value of Rs. 10 aggregating up to Rs. [*] crores by Madhu Mimani (Collectively, the Promoter Selling Shareholders, up to 3,179,124 equity shares of face value of Rs. 10 aggregating up to Rs. [*] crores by India Business Excellence Fund II and up to 6,171,246 equity shares of face value of Rs. 10 aggregating up to Rs. [*] crores by India Business Excellence Fund IIA (Collectively, The Investor Selling Shareholders, together with the promoter selling shareholders, the Selling Shareholders, and such offer for sale of equity shares by the selling shareholders, the Offer for sale). This offer includes a reservation of up to [*] equity shares of face value of Rs. 10 each aggregating up to Rs. [*] (Constituting up to [*]% of the post-offer paid-up Equity Share Capital) for purchase by eligible employees (The Employee Reservation Portion). The offer less the employee reservation portion is hereinafter referred to as the Net Offer. The offer and the net offer would constitute [*]% and [*]%, respectively, of the post-offer paid-up equity share capital. The Company, in consultation with the brlms, may offer a discount of up to [*]% (Equivalent to Rs. [*] per Equity Share) to the offer price to eligible employees bidding in the employee reservation portion (Employee Discount).The Company, in consultation with the brlms, may consider a further issue of equity shares through a private placement, preferential allotment or any other method as may be permitted under applicable law, aggregating up to Rs. 26.00 crores (The Pre-IPO Placement), the pre-ipo placement, if undertaken, will be at a price to be decided by the company, in consultation with the brlms. 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, its 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 that the offer may be successful and will result in the 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) shall be appropriately made in the relevant sections. The face value of the equity share is Rs. 10 each. the offer price is [*] times the face value of the equity shares. The price band, the minimum bid lot and employee discount will be decided by our company.

Objective of issue

prepayment and or/ repayment of all or a portion of certain outstanding borrowings availed by the company. Funding capital expenditure for the setting up of a roasted gram flour and gram flour mfg unit in. General corporate purposes.

Ganesh Consumer Products Ltd Contact Details

Ganesh Consumer Products Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - investors@ganeshconsumer.com

Website - www.ganeshconsumer.com