eMudhra Ltd - IPO

eMudhra Ltd IPO Details

Initial public offering of 16,124,456 equity shares* of face value of Rs. 5 each (Equity Shares) of eMudhra Limited (the Company or the Issuer) for cash at a price of Rs. 256 per equity share (including a share premium of Rs. 251 per equity share) (Offer Price) aggregating to Rs. 412.79 crores* (the Offer) comprising a fresh issue of 6,289,062 equity shares* aggregating to Rs. 161.00 crores by the company (the Fresh Issue) and an offer for sale of 9,835,394 equity shares* aggregating to Rs. 251.79 crores* comprising of 3,289,257 equity shares* aggregating to Rs. 84.21 crores* by Venkatraman Srinivasan and 4,516,246 equity shares* aggregating to Rs. 115.62 crores* by Taarav Pte Limited (collectively, the Promoter Selling Shareholders),510,638 equity shares* aggregating to Rs. 13.07 crores* by Kaushik Srinivasan, 504,307 equity shares* aggregating to Rs. 12.91 crores* by Lakshmi Kaushik, 881,869 equity shares* aggregating to Rs. 22.58 crores* by Arvind Srinivasan and 133,077 equity shares* aggregating to Rs. 3.41 crores* by Aishwarya Arvind (collectively, Other Selling Shareholders and together with the promoter selling shareholders the Selling Shareholders) and such offer for sale by the selling shareholders, the Offer for Sale).*Subject to basis of allotment.The face value of equity shares is Rs. 5 each. The offer price is 51.20 times the face value of the equity shares.

Objective of issue

Repayment or Pre-Payment,in full or in part, of all or Certain Borrowings Availed by the Company. Funding Working Capital Requirements of the Company. Purchase of Equipments and Funding of Other Related Costs for Data Centers Proposed to be set up in India and Overseas Locations. Funding of Expenditure Relating to Product Development. Investment in eMudhra INC for Augmenting its Business Development Sales, Marketing and Other Related Costs for Future Growth. General Corporate Purposes.

eMudhra Ltd Contact Details

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

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - companysecretary@emudhra.com

Website - www.emudhra.com