Le Travenues Technology Limited, shall open its Bid/Offer in relation to its initial public offer of Equity Shares on Monday, June 10, 2024. The total offer size comprises of fresh issue of Equity Shares of value of Rs 1 each aggregating up to Rs 1,200.00 million and an offer for sale aggregating up to 66,677,674 Equity Shares of face value of Rs 1 each by the Selling Shareholders.
The Anchor Investor Bidding Date shall be Friday, June 07, 2024. The Bid/Offer will open on Monday, June 10th, 2024 for subscription and will close on Wednesday, June 12th.
The Price Band of the Offer is Rs 88 to Rs 93 Per Equity Share. Bids can be made for a minimum of 161 Equity Shares and in multiples of 161 Equity Shares thereafter.
The Offer for Sale comprises an offer for sale of up to 19,437,465 Equity Shares by Saif Partners India Limited, up to 13,024,000 Equity Shares by Peak XV Partners Investments V (formerly known as SCI Investments V), up to 11,950,000 Equity Shares by Aloke Bajpai, up to 11,950,000 Equity Shares by Rajnish Kumar, up to 5,486,893 Equity Shares by Micromax Informatics Limited, up to 3,048, 375 Equity Shares by Placid Holdings, up to 1,333,513 Equity Shares by Catalyst Trusteeship Limited as the trustee of Madison India Opportunities Trust Fund and up to 447,428 Equity Shares by Madison India Capital HC.
This Equity Shares are being offered through the red herring prospectus of the Company dated June 4, 2024 filed with Registrar of Companies, Delhi and Haryana at New Delhi and are proposed to be listed on the BSE Limited and the National Stock Exchange of India Limited.
Axis Capital Limited, DAM Capital Advisors Limited and JM Financial Limited are the Book Running Lead Managers to the offer.
