Greensignal Bio Pharma Ltd IPO

IPO Synopsis

Public offer of 1,45,79,560 equity shares of a face value of Rs. 10 each (The equity shares) of Greensignal Bio Pharma Limited (The Company) for cash at a price of Rs. [*] per equity share including a premium of Rs. [*] through an offer for sale by the P. Sundaraparipoornan. Dr P. Murali (P. Sundaraparipoornan & Dr P. Murali (Mallika murali hereby collectively referred to as promoter selling shareholders), Mallika Murali (Mallika Murali hereby referred to as promoters group selling shareholder), R. Srinivasan and Avon Cycles Limited (R. Srinivasan and AVon cycles Limited hereby collectively referred as public selling sharehlders (Promoter selling shareholders, promoters group selling shareholder and public selling shareholders are hereby collectively referred as selling shareholders) aggregating up to (*) crores (The offer). The offer will constitute 38% of the fully diluted post-offer paid up equity share capital of the company. Price band: Rs. 68 to Rs. 76 per equity shares of face value of Rs. 10 each. The floor price is 6.8 times of the face value and the cap price is 7.6 times of the face value.