Devyani International Ltd - IPO

Devyani International Ltd IPO Details

Initial Public Offer of 204,222,218* Equity shares of face value of Re.1 each (equity shares) of Devyani International Limited (company or issuer) for cash at a price of Rs. 90 per equity share (including a share premium of Rs. 89 per equity share) aggregating up to Rs.1838 Crores comprising a fresh issue of 48,888,888* equity shares aggregating up to Rs. 440 Crores (the fresh issue) and an offer for sale of 155,333,330* equity shares aggregating up to Rs.1398 Crores, comprising 65,333,330* equity shares aggregating up to Rs. 588 Crores by Dunearn Investments (Mauritius) Pte. Ltd. (dunearn or investor sellling shareholder) (such equity shares offered by dunearn, dunearn offered shares) and 90,000,000* equity shares aggregating up to Rs. 810 Crores by RJ Corp limited (rj corp or promoter selling shareholder, together with the investor selling shareholder, the selling shareholders) (such equity shares offered by rj corp, the rj corp offered shares, together with dunearn offered shares, offered shares)(such offer by the selling shareholders, the offer for sale and together with the fresh issue, the offer).The offer includes a reservation of 550,000* equity shares, aggregating up to Rs. 4.95 Crores constituting 0.04% of the post-offer paid-up equity shareCapital), for subscription by eligible employees (the employee reservation portion). The offer less the employee reservation portion isHereinafter referred to as net offer. The offer and net offer shall constitute 16.98% and 16.94%, respectively, of the post-offer paid-up equityShare capital of the company.The face value of equity shares is Re.1 each. The offer price is 90 times the face value of the equity shares.* subject to finalisation of the basis of allotment.

Objective of issue

Repayment/Prepayment of all or certain of the Borrowings. General Corporate Purposes.

Devyani International Ltd Contact Details

Devyani International Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - companysecretary@dil-rjcorp.com

Website - www.dil-rjcorp.com