Arkade Developers Ltd IPO

Initial public offer of up to [*] equity shares of face value of Rs. 10 each (Equity Shares) of Arkade Developers Limited (company) for cash at a price of [*] per equity share (including a share premium of [*] per equity share) (issue price) aggregating up to Rs. 430.00 crores (issue) the issue shall constitute [*]% of the post-issue paid-up equity share capital of the company. The company, in consultation with the brlm, may consider a pre-ipo placement aggregating up to Rs. 20.00 crores, with the roc. The pre-ipo placement shall be undertaken at the discretion of the company and the price of the equity shares allotted pursuant to the pre-ipo placement shall be determined by the company, in consultation with the brlm. If the preipo placement is completed, the issue size will be reduced to the extent of such pre-ipo placement, subject to the issue complying with the minimum issue size requirements prescribed under regulation 19(2)(b) of the scrr. The pre-ipo placement shall not exceed 20% of the size of the issue. The issue includes a reservation of up to [*] equity shares aggregating up to Rs. [*] crores (constituting [*]% of the postissue equity share capital), for subscription by eligible employees (employee reservation portion). The company may, in consultation with the brlm, offer a discount of up to [*]% of the issue price (equivalent of Rs. [*] per equity share) to the eligible employees bidding in the employee reservation portion (employee discount), subject to necessary approvals as may be required. The issue less the employee reservation portion is hereinafter referred to as the net issue. The issue and the net issue shall constitute [*]% and [*]% of the post-issue paid-up equity share capital, respectively. The face value of the equity shares is Rs. 10 each and the issue price is [*] times the face value of the equity shares. The price band, employee discount, if any, and the minimum bid lot will be decided by the company.