IPO Synopsis

Shriram Properties Ltd

Registered Office: Lakshmi Neela Rite Choice Cham,New No 9 Bazullah Road T Nagar, Chennai - 600017, Tamil Nadu, India. Phone : 91-44-4001 4410   Fax: Email : cs.spl@shriramproperties.com Website :www.shriramproperties.com

Initial public offer of 50,873,592* equity shares of face value of Rs. 10 each ("Equity Shares") of Shriram Properties Limited ("Company" or "Issuer") for cash at a price of Rs. 118* per equity share (including a share premium of Rs. 108 per equity share) aggregating to Rs. 600.00 crores (The "Offer") comprising of a fresh issue of 21,212,576* equity shares aggregating to Rs. 250.00 crores (The "Fresh Issue") and an offer for sale of 29,661,016* equity shares aggregating to Rs. 350.00 crores comprising of 7,708,009* equity shares aggregating Rs. 90.95 crores by Omega TC Sabre Holdings Pte. Limited; 707,156* equity shares aggregating to Rs. 8.34 crores by Tata Capital Financial Services Limited; 7,814,083* equity shares aggregating to Rs. 92.20 crores by TPG Asia SF V Pte. Ltd.; 11,313,124* equity shares aggregating to Rs. 133.49 crores by WSI/WSQI V (XXXII) Mauritius Investors Limited (collectively, the "Investor Selling Shareholders") and 2,118,644* equity shares aggregating to Rs. 25.00 crores by the other selling shareholders (as defined hereunder) (the other selling shareholders collectively with the investor selling shareholders are referred to as the "Selling Shareholders" and such equity shares the "Offered Shares") ("Offer for Sale"). The offer constitutes 29.99% of the post-offer paid-up equity share capital of the company. The offer included a reservation of 280,373* equity shares, aggregating up Rs. 3.00 crores, for subscription by eligible employees (as defined herein) not exceeding 0.17% of the post-offer paid-up equity share capital ('Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The net offer constitutes 29.83%, of the post-offer paid-up equity share capital of the company. The face value of equity shares is Rs. 10 each. The offer price is 11.8 times the face value of the equity shares. *Subject to finalisation of the basis of allotment. #A discount of Rs. 11 per equity share was offered to eligible employees bidding in the employee reservation portion. Bids cans be made for a minimum of 125 equity and in multiple of 125 shares thereafter. Issue Opens On Closes On 08-Dec-21 10-Dec-21 Money Payable On Application Allotment 118.00 0.00 Minimum Application for shares in Nos : 125 Further Multiples of : 125 Cr Lead Managers to the Issue Project Cost (.Cr) 250.00 Axis Capital Ltd Project Financed through Current Offer (.Cr) 600.00   Post Issue Equity Share Capital (.Cr) 169.62 Issue Price () 118.00

Projects

Repayment and/or pre-payment, in full or part, of certain Borrowings availed by the Company General Corporate Purposes

Promoted By

M Murali

Shriram Properties Holdings P

Shriram Group Excutives Welfar

Listing At

BSE

NSE

Registrar to the Issue

No Data Available