Eldorado Agritech Ltd IPO

Last Updated: 08 September 2025 3:20 PM by 5paisa

Initial public offering of up to [*] equity shares of face value of Rs. 2/- each (equity shares) of Eldorado Agritech Limited (the company or the issuer) for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) (offer price) aggregating up to Rs. 1000.00 crores (the offer). The offer comprises of a fresh issue of upto [*] equity shares of face value of Rs. 2/- each by the company aggregating upto Rs.340.00 crores (the fresh issue) and an offer for sale of up to [*] equity shares of face value of Rs. 2/- each (the offered shares) aggregating up to Rs.660.00 crores (the offer for sale), comprising up to [*] equity shares of face value of Rs. 2/- each aggregating up to Rs. 500.00 crores by Srinivasa Rao Linga and [*] equity shares of face value of Rs. 2/- each aggregating up to Rs. 160.00 crores by Usha Rani Papineni (together the promoter selling shareholders). The offer shall constitute [*]% of the post-offer paid-up equity share capital of the company. The offer includes a reservation of up to [*] equity shares of face value of Rs. 2/- each, aggregating up to Rs.[*] crores (constituting up to [*]% of the post-offer paid-up equity share capital), for subscription by eligible employees (as defined hereinafter) (employee reservation portion). Such portion shall not exceed 5% of the post-offer equity share capital of the company. The offer less the employee reservation portion is hereinafter referred to as the net offer. The company in consultation with the brlms, may offer a discount of Rs.[*] to the offer price (equivalent of Rs.[*] per equity share) to eligible employees bidding in the employee reservation portion (employee discount). The offer and the net offer shall constitute [*]% and [*]%, respectively, of the post-offer paid-up equity share capital of the company. The company, in consultation with the brlms, may consider issue of specified securities, as may be permitted under the applicable law, aggregating up to Rs. 65.00 crores, at its discretion, prior to filing of the (pre-ipo placement). The pre-ipo placement, if undertaken, will be at a price to be decided by the company, in consultation with the brlms. 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 Rule 19(2)(b) of the securities contracts (Regulation) Rules, 1957, as amended. 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). The face value of the equity shares is Rs. 2/- each and the offer price is [*] times the face value of the equity shares. The price band and the minimum bid lot size will be decided by the company.