Closed Issues

394-C Lamington Chambers,Lamnington Road,

Initial public offering of up to 5,33,90,079 equity shares of face value of (Rs) 2 each of the company for cash at a price of (Rs) 281 per equity share (including a share premium of (Rs) 279 per equity share) ("Offer Price") aggregating up to (Rs) 1500.00 crores ("Offer"). The offer comprises a fresh issue of up to 3,55,96,486 equity shares of face value of (Rs) 2 each by the company aggregating up to (Rs) 1000.00 crores ("Fresh Issue") and an offer for sale of up to 1,77,93,593 equity shares of face value of (Rs) 2 each ("Offered Shares") aggregating up to (Rs) 500.00 crores comprising of [*] equity shares of face value of (Rs) 2 each by Bina Kishore Chhabria aggregating up to (Rs) 375.00 crores and 4,448,398 equity shares of face value of (Rs) 2 each by Resham Chhabria Jeetendra Hemdev aggregating up to (Rs) 125.00 crores (the "Selling Shareholders" and such offer for sale of equity shares by the selling shareholders, the "Offer for Sale"). The offer includes a reservation of up to 1,00,488 equity shares of face value of (Rs) 2 each aggregating up to (Rs) 2.56 crores (constituting up to 0.04% of the post-offer paid-up equity share capital), for subscription by eligible employee(s) (the "Employee Reservation Portion"). The company, in consultation with the book running lead managers ("brlms"), may offer a discount of up to (Rs) 26 to the offer price to eligible employee(s) bidding in the employee reservation portion ("Employee Discount"), subject to necessary approvals, as may be required. The offer less the employee reservation portion is hereinafter referred to as "Net Offer". The offer and net offer shall constitute 19.09% and 19.05%, respectively, of the post-offer paid-up equity share capital of the company. Issue Price is (Rs) 281 per equity share of face value of (Rs) 2 each. The Offer price is 140.50 times of the face value of the equity shares. A discount of (Rs) 26 per equity share is being offred to eligible employees bidding in the employee reservation portion.