· Price band of equity shares of Caffeine Technologies Limited fixed at ₹ 347 to ₹ 366 per equity share of face value of ₹ 10 each
Ahmedabad, the IPO (Initial Public Offering) for the sale of equity shares of Caffeine Technologies Limited (“CaffeinTech” or the “Company”) will open on Monday, December 19, 2022.
Each equity share (“Equity Shares”) in the IPO has a face value of ₹ 10. The Offer for Sale of Equity Shares (the “Offer for Sale”) is by General Atlantic Singapore Fund Private Limited (the “Promoter Selling Shareholder”) for an aggregate amount of ₹ 15,000 million. The IPO will close on Wednesday, December 21, 2022.
The price band of the offer is fixed at ₹ 347 to ₹ 366 per equity share. Bids may be made for a minimum of 40 equity shares and thereafter in multiples of 40 equity shares.
This offer is subject to the terms of Rule 19(2)(b) of the Securities Contracts (Regulation) Rules, 1957 as amended (“SCRR”), the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“SEBI ICDR Regulations”) read with Regulation 31 is introduced.
The offer has been made through a book building process in accordance with Regulation 6(2) of the SEBI ICDR Regulations and in accordance with Regulation 6(2) of the SEBI ICDR Regulations, subject to at least 75 per cent of the offer being made to Qualified Institutional Buyers (“QIBs”) on a proportionate basis. ) will be allocated to the (“QIB Portion”),
Provided that, our Company and the Promoter may allocate 60 per cent of the QIB portion to Anchor Investors on a discretionary basis in discussion with the Selling Shareholder Book Running Lead Managers (BRLMs), out of which one-third should be reserved for local mutual funds as per SEBI ICDR Regulations. will come
which is subject to receipt of valid bids from local mutual funds at or above the anchor investor allotment price. In case of under-subscription or non-allotment of the anchor investor’s share, the remaining equity shares will be added to the net QIB portion.
Further 5 per cent of the Net QIB Portion shall be made available for allotment to Mutual Funds on a proportionate basis and the Net QIB Portion shall be made available for allotment on a proportionate basis to all QIB Bidders, including Mutual Funds, subject to receipt of valid bids at or above the Offer Price. .
However, if the total demand from mutual funds remains less than 5 percent of the QIB portion, the remaining equity shares available for allotment in the mutual fund portion will be added to the remaining QIB portion on a proportionate basis. Also 15 percent of the offer will be made available for allotment to non-institutional bidders,
out of which (a) one-third of such portion shall be reserved for bidders having bid size above ₹ 200,000 and upto ₹ 1,000,000; and (b) two-thirds shall be reserved for bidders having bid size above ₹ 1,000,000,
Provided that the unsubscribed share in such sub-categories may be allotted to other sub-categories of non-institutional bidders, subject to receipt of valid bids at or above the offer price and more than 10 per cent of the net offer to retail individual bidders. (“RIBs”) will be available for allocation.
All prospective bidders (other than Anchor Investors) are required to make mandatory use of the Application Supported by Blocked Amount (“ASBA”) process for providing their respective bank account details, including UPI ID in case of UPI Bidders, as applicable. to fall
In which the bid amount will be blocked by the participating Self Certified Banks (SCSBs) in the offer or sponsor banks under the UPI system to the extent of the bid amount. Anchor investors are not permitted to participate in the offering through the ASBA process. See “Offer Procedure” beginning on page 464 of the RHP for more details.
The Equity Shares are offered through red herring prospectuses and the Equity Shares will be listed on BSE Limited (“BSE”) and National Stock Exchange of India Limited (“NSE”). The designated stock exchange for the purpose of the offer will be NSE.
The book running lead managers of the offer are – ICICI Securities Limited, Kotak Mahindra Capital Company Limited, JP Morgan India Private Limited, IIFL Securities Limited and Jefferies India Private Limited. All capitalized terms referred to but not defined herein shall have the meaning assigned to them in the RHP.
