Smart Boy Private Limited
Smart Boy Private Limited
| PROSPECTUS |
Smart Boy Private Limited
Our Company was incorporated as Smart Boy Private Limited on January 27, 2020 with the
Registrar of Companies at Haryana with our registered office at Chandigarh as a private
limited company under the Companies Act, 2013.
Website: www.chaitanyagarments.com;
PUBLIC ISSUE OF 2,804,000 EQUITY SHARES OF THE FACE VALUE RS.10/- EACH AT
A PRICE OF RS. 360 PER EQUITY SHARE FOR CASH AT A PREMIUM AGGREGATING
RS. 1009.44 MILLION COMPRISING OF A FRESH ISSUE OF 1,412,354 SHARES OF RS.
10 EACH AT A PRICE OF RS. 360 FOR CASH AGGREGATING RS. 508.45 MILLION AND
AN OFFER FOR SALE OF 1,391,646 SHARES OF RS. 10 EACH AT A PRICE OF RS. 360
FOR CASH AGGREGATING RS. 500.99 MILLION BY THE SELLING SHAREHOLDERS.
THE FRESH ISSUE AND OFFER FOR SALE ARE HEREINAFTER COLLECTIVELY
REFERRED TO AS THE “OFFER”. 15,000 EQUITY SHARES OF RS. 10 EACH FOR CASH
AT A PRICE OF RS. 360 PER EQUITY SHARE AGGREGATING TO RS. 5.40 MILLION
WERE RESERVED IN THE OFFER FOR SUBSCRIPTION BY ELEGIBLE EMPLOYEES
(THE “EMPLOYEE RESERVATION PORTION”) AND THE OFFER OF EQUITY SHARES
OTHER THAN THE EMPLOYEE RESERVATION PORTION i.e. 2,789,000 EQUITY
SHARES IS HEREINAFTER REFERRED TO AS THE “NET OFFER”. THE OFFER SHALL
CONSTITUTE 25.14% OF THE POST ISSUE PAID-UP CAPITAL OF OUR COMPANY.
THE NET OFFER WILL CONSTITUTE 25.00% OF OUR POST-OFFER CAPITAL.
OFFER PRICE : Rs. 360/- PER EQUITY SHARE OF FACE VALUE Rs.10/- EACH
In case of revision in the Price Band, the Bidding Period shall be extended for three
additional working days after such revision, subject to the Bidding Period not exceeding 10
working days. Any revision in the Price Band, and the revised Bidding Period, if applicable,
shall be widely disseminated by notification to the Bombay Stock Exchange Limited (BSE)
and the National Stock Exchange of India Limited (NSE), by issuing a press release and by
indicating the change on the website of the Book Running Lead Manager (“BRLM”) and the
terminals of the syndicate member. The Offer is being made through the 100% book building
process wherein upto 50% of the Net Offer Size shall be allocated on a proportionate basis
to Qualified Institutional Buyers (“QIBs”); wherein 5% of the QIB portion shall be available for
allocation on a proportionate basis to Mutual Funds only. Further, not less than 15% of the
Net Offer shall be available for allocation on a proportionate basis to Non-Institutional
Bidders and not less than 35% of the Net Offer shall be available for allocation on a
proportionate basis to Retail Individual Bidders, subject to valid Bids being received at or
above the Offer price.
General Risks
Investments in equity and equity related securities involve a degree of risk and investors
should not invest any funds in this Offer unless they can afford to take the risk of losing their
investment. Investors are advised to read the risk factors carefully before taking an
investment decision in this Offer. For taking an investment decision, investors must rely on
their own examination of our Company and the Offer including the risks involved. The Equity
Shares offered in the Offer have not been recommended or approved by the Securities and
Exchange Board of India ("SEBI"), nor does SEBI guarantee the accuracy or adequacy of
this Prospectus. Specific attention of the investors is invited to the section titled "Risk
Factors" beginning on page x of this Prospectus.
Listing
The Equity Shares Offered through this Prospectus are proposed to be listed on Bombay
Stock Exchange Limited ("BSE") and the National Stock Exchange of India Limited ("NSE").
Our Company has received the in-principle approvals from these Stock Exchanges for the
listing of the Equity Shares pursuant to letters dated January 18, 2007 and January 22, 2007
respectively. Bombay Stock Exchange Limited shall be the Designated Stock Exchange for
the purpose of this Offer.
BID/ISSUE PROGRAMME