Esprit Stones Ltd

Registered Office: SP1 Udyog Vihar,Sukher Industrial Area, Udaipur - 313001, Rajasthan, India. Phone : +91 91166 52582   Fax: Email : legal@espritstones.com Website :www.espritstones.com

Initial public offer of up to 57,95,200 equity shares^ of face value Rs. 10 each (the "Equity Shares") of Esprit Stones Limited ("The Company" or the "Issuer") for cash at a price of Rs. [*] per equity share (including a securities premium of Rs. [*] per equity share) ("Issue Price"), aggregating up to Rs. [*] crores (the "Issue") of which 2,91,200 equity shares aggregating to Rs. [*] crores (constituting up to 1.33% of the post-issue paid-up equity share capital of the company) will be reserved for subscription by market maker ("Market Maker Reservation Portion") and up to 1,28,000 equity shares aggregating up to Rs. [*] crores (constituting up to 0.58% of the post-issue paid-up equity share capital of the company) will be reserved for subscription by eligible employees (the "Employee Reservation Portion"). The company, in consultation with the book running lead managers, may offer a discount of up to [*]% (equivalent of Rs. 5 per equity share) to the issue price to eligible employees bidding under the employee reservation portion ("Employee Discount"). The issue less the market maker reservation portion and employee reservation portion is hereinafter referred to as the "net issue". The issue and the net issue will constitute 26.41 % and 24.50 % respectively of the post-issue paid-up equity share capital of the company. Price Band: Rs. 82 to Rs. 87 per equity share of face value of Rs. 10 each. The floor price is 8.2 times of tha face value of and tha cap price is 8.7 times of the face value. Bid can be made for a minimum of 1600 equity share and in multiples of 1600 equity share thereafter. A discount of Rs. 5 per equity share is being offred to eligible employee bidding in the employee reservation portion. Issue Opens On Closes On 26-Jul-24 30-Jul-24 Money Payable On Application Allotment 82.00 0.00 Minimum Application for shares in Nos : 1600 Further Multiples of : 1600 (.Cr) Lead Managers to the Issue Project Cost (.Cr) 0.00 Choice Capital Advisors Pvt Ltd Project Financed through Current Offer (.Cr) 47.52   Post Issue Equity Share Capital (.Cr) 0.00 Issue Price () 82.00

Projects

Funding working capital requirements of the company Investment in its subsidiaty Haique Stones Pvt Ltd (HSPL) for repayment and/or prepayment in part or full of its outstanding borrowings Investment in its subsidiary Haique Stone Pvt Ltd (HSPL) for funding its working capital requirements General corporate purposes

Promoted By

Sunilkumar Lunawath

Nitin Gattani

Pradeepkumar Lunawath

Listing At

NSE - SME

Registrar to the Issue

No Data Available