Monarch Infraparks Private Limited and GSEC Limited ("Sellers") are t...
Monarch Infraparks Private Limited and GSEC Limited ("Sellers") are the Promoters of the Diamond Power Infrastructure Ltd ("Company"). The Sellers proposes to sell up to 2,10,00,000 Equity Shares of the Company (representine 3.99% of the total issued and paid up Equity Share capital of the Company) ("Base Offer Size"), on Thursday, June 05, 2025, ("T day") (for Non-Retail Investors only) and on Friday, June 06, 2025 ("T+1 day") (for Retail Investors (as defined below) and for Non-Retail Investors who choose to carry forward their un-allotted bids from T day) with an option to additionally sell up to 1,05,00,000 Equity Shares (representing 1.99% of the total issued and paid up Equity Share capital of the Company) (the "Oversubscription Option", and in the event that the Oversubscription Option is exercised, the Equity Shares forming part of the Base Offer Size and the Oversubscription Option will represent 5.98% of the total issued and paid up Equity Share capital of the Company (held in dematerialized form in demat accounts with the relevant depository participant). i.e. 3,15,00,000 Equity Shares, and will collectively, hereinafter be referred to as "Offer Shares" while in the event that such Oversubscription Option is not exercised, the Equity Shares forming part of the Base Offer Size will hereinafter be referred to as "Offer Shares") through a separate, designated window of BSE and NSE (together with BSE, the "Stock Exchanges"), in accordance with the OFS Guidelines (such offer for sale hereinafter referred to as the "Offer"). Date and time of the opening and closing of the Offer for Sale : The Offer shall take place over two trading days on a separate window of the Stock Exchanges on Thursday, June 05, 2025 and Friday, June 06, 2025, from 9:15 a.m. to 3:30 p.m. (Indian Standard Time) on both days, as per details given below For Non-Retail Investors : Thursday, June 05, 2025 ("T DAY") Only Non-Retail Investors shall be allowed to place their bids on T day, i.e. Thursday, June 05, 2025. While placing their bids, Non-Retail Investors may indicate their willingness to carry forward their unallotted bids to T+1 day for allocation to them, in the unsubscribed portion of Retail Category (defined below) The Offer shall take place during trading hours on a separate window of the Stock Exchanges on T day, i.e., Thursday, June 05, 2025 commencing at 9:15 a.m. and shall close at 3:30 p.m. Indian Standard Time on the same date. For Retail Investors (defined below) and for Non-Retail Investors who choose to carry forward their un-allotted bids to Friday, June 06, 2025 ("T+1 day"). The Offer shall continue to take place during trading hours on a separate window of the Stock Exchanges on T+1 day, i.e., Friday, June 06, 2025 commencing at 9:15 a.m. and shall close on the same date at 3:30 p.m. Indian Standard Time on the same date. Only Retail Investors (defined below) shall be allowed to place and raise their bids on T+1 day, i.e., Friday, June 06, 2025. Further, those Non-Retail Investors who have placed their bids on T day and have chosen to carry forward their un-allotted bids to T+1 day, shall be allowed to carry forward their un-allotted bids for allocation to them in the unsubscribed portion of Retail Category (defined below) and also revise their bids on T+1 day as per the OFS Guidelines. (T day and T+1 day, collectively referred to as "Trade Dates"). Floor Price : The floor price for the Offer shall be Rs. 95/- (Rupees Ninety Five only) per Equity Share ("Floor Price").