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Manumangalanubhai Manumangalangaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

Technology . Transparency . Trust

MARKET

IPO Synopsis
Innoterra Ltd
Registered Office: Office No.805 8th Flr Platinum, Techno Park Sector 30A Vashi, Navi Mumbai - 400703, Maharashtra
Phone: 1
Email: 1
Website: 1
Initial public offering of up to [*] equity shares of face value of Rs. 5 each ("Equity Shares") of Innoterra Limited (formerly known as Milklane Dairy Services Private Limited and Innoterra Private Limited) ("Company" or the "Issuer") for cash at a price of Rs. [*] per equity share including a securities premium of Rs. [*] per equity share (the "Offer Price") aggregating up to Rs. [*] Crores (the "Offer"). The offer comprises of a fresh issue of upto [*] equity shares of face value of Rs. 5 each by the company aggregating upto Rs. 105.00 Crores (the "Fresh Issue") and an offer for sale of up to 7,055,315 equity shares of face value of Rs. 5 each aggregating up to Rs. [*] Crores comprising of up to 6,618,235 equity shares of face value of Rs. 5 each aggregating up to Rs. [*] Crores by Milklane Holding Pte. Ltd. and up to 437,080 equity shares of face value of Rs. 5 each aggregating up to Rs. [*] Crores by Mahyco Private Limited (collectively, the "Selling Shareholders"). The company, in consultation with the brlm, may consider a pre-ipo placement of equity shares, at its discretion aggregating up to Rs. 21.00 Crores as permitted under applicable laws prior to the filing of the red herring prospectus with the roc. The pre-ipo placement, if undertaken, will be at a price to be decided by the company, in consultation with the brlm. If the pre-ipo placement is completed, the amount raised pursuant to the pre-ipo placement will be reduced from the fresh issue, subject to compliance with rule19(2)(b) of the securities contracts (Regulation) rules, 1957. The pre-ipo placement, if undertaken, shall not exceed 20% of the size of the fresh issue. Prior to the completion of the offer, the company shall appropriately intimate the subscribers to the pre-ipo placement, prior to allotment pursuant to the pre-ipo placement, that there is no guarantee that the company may proceed with the offer, or the offer may be successful and will result into listing of the equity shares on the stock exchanges. Further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement (If Undertaken) shall be appropriately made in the relevant sections of the red herring prospectus and prospectus. The company shall also ensure that the pre-ipo placement, if undertaken, is reported to the stock exchanges within 24 hours of such pre-ipo placement (in part or entirety). The face value of equity shares is Rs. 5 each. The offer shall constitute [*]% of the post-offer paid-up equity share capital of the company. The offer price is [*] times the face value of the equity shares. The price band and the minimum bid lot will be decided by the company.
Issue Money Payable On
Opens On Closes On Application Allotment
01-Jan-1970 01-Jan-1970 0.00 - 0.00 0.00 - 0.00
Cr. Lead Managers to the Issue
Project Cost 0.00
Project Financed through Current Offer 0.00
Post Issue Equity Share Capital 0.00
Issue Price 0.00
Projects
Promoted By
Milklane Holding Pte. Ltd.
Innoterra Ag
Francisco Fernandez
BSE
NSE
Registrar to the Issue
KFin Technologies Ltd
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