Registered Office:
# 19 Wheatcrofts Road,Nungambakkam,
Chennai
-
600034,
Tamil Nadu, India.
Phone :
+91 22 4057 6499 Fax:
Email : secretarial@rkswamy.com
Website : www.rkswamy.com
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Initial public offering of 14,733,883 equity shares* of face value of Re. 5 each ("Equity Shares") of R K Swamy Limited ("Company" or the "Issuer") for cash at a price of Rs. 288.00^* per equity share (including a share premium of Rs. 283.00 per equity share) (the "Offer Price") aggregating Rs. 423.56 crores* (the "Offer"), comprising a fresh issue of 6,033,883 equity shares* aggregating Rs. 173.00 crores* ("Fresh Issue") and an offer for sale of 8,700,000 equity shares* (the "Offered Shares") aggregating Rs. 250.56 crores* (the "Offer for Sale" and together with the fresh issue, the "Offer"), comprising 1,788,093 equity shares* by Srinivasan K Swamy aggregating Rs 51.50 crores*, 1,788,093 equity shares* by Narasimhan Krishnaswamy aggregating Rs. 51.50 crores*, 4,445,714 equity shares* by Evanston Pioneer Fund l.p. aggregating Rs. 128.04 crores* and 678,100 equity shares* by Prem Marketing Ventures llp aggregating Rs. 19.53 crores* (collectively, the ôselling shareholdersö).
The offer included a reservation of 287,356 equity shares*, aggregating
Rs. 7.5 crores^^* (constituting 0.57 % of the post offer paid-up equity share capital of the company, for subscription 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 constituted 29.18% and 28.61%, respectively, of the post-offer paid-up equity share capital of the company. The company in consultation with the book running lead managers ("brlms"), offered a discount of 9.38% (equivalent of Rs. 27 per equity share) on the offer price to eligible employees bidding in the employee reservation portion ("Employee Discount").
*Subject to finalization of basis of allotment.
^A Discount of Rs. 27 per equity share was offered to eligible employees bidding in the employee reservation portion
^^After employee discount
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Issue
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Money Payable On
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Opens On
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Closes On
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Application
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Allotment
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04-Mar-24
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06-Mar-24
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(Rs) 288.00
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(Rs) 0.00
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Minimum Application for shares in Nos :
50
Further Multiples of :
50
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Lead Managers to the Issue
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Project Cost (Rs.Cr)
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156.33
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IIFL Securities Ltd
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Project Financed through Current Offer (Rs.Cr)
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423.56
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Post Issue Equity Share Capital (Rs.Cr)
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25.25
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Issue Price (Rs)
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288.00
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