Sansera Engineering’s two shareholders will promote a mixed stake of 14.1% within the firm.
Shopper Ebene will promote 47.8 lakh shares, or 9%, and CVCIGP II Worker Ebene will promote 26.8 lakh shares, or 5.1%, in a big commerce on June 22, in keeping with phrases of the deal reviewed by BQ Prime.
The shareholders goal to lift as much as Rs 627.5 crore from the stake sale on the upper finish of the value band.
The shares are provided at a worth vary of Rs 799.85 to Rs 841.95 apiece, representing a reduction of as much as 5% to the closing worth on Wednesday.
The sellers are topic to a 90-day lock-in interval, in keeping with the phrases.
Nomura is the only placement agent for the deal.
