CAPITAL STRUCTURE

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The Equity Share capital of our Bank, as on the date of this Prospectus, is set out below.
(in except share data)
Sr. Particulars ‘Aggregate value at ‘Aggregate value at Issue
No. face value Price*\
1._ | AUTHORIZED SHARE CAPITAL”
125,000,000 Equity Shares (face value of 10) 1,250,000,000
Total 1,250,000,000
2. | ISSUED, SUBSCRIBED AND PAID-UP SHARE CAPITAL BEFORE
THE ISSUE”
97,980,826 Equity Shares (face value of = 10) 979,808,260
3.__ | PRESENT ISSUE IN TERMS OF THIS PROSPECTUS.
Issue of 19,093,070* Equity Shares (face value of = 10) 2 190,930,700 5,808,386,350
of which
Fresh Issue of 8,150,000* Equity Shares aggregating to ¢ 2,479.35* 81,500,000 2,479,347,153
million® *
Offer for Sale of 10,943,070* Equity Shares aggregating to & 3,329.04* 109,430,700 3,329,039, 197
million
Which includes:
Employee Reservation Portion of 500,000* Equity Shares aggregating to & 5,000,000 137,500,000
137.50* million)
Net Issue of 18,593,070" Equity Shares 185,930,700 5,670,886,350
4, |ISSUED, SUBSCRIBED AND PAID-UP CAPITAL AFTER THE
ISSUE
106,130,826 Equity Shares 1,061,308,260
5. | SECURITIES PREMIUM ACCOUNT
Before the Issue 7,540.96 million
After the Issue 12,016.45 million®

 

 

 

 

 

*
A

Subject to finalisation of Basis of Allotment.
The Issue Price is ® 305 per Equity Share. A discount of % 30 was offered to Eligible Employees bidding in the Employee Reservation

Portion.

#

a

6)

Our Bank has undertaken a Pre-IPO placement of 5,208,226 Equity Shares comprising (i) a private placement of 3,084,833 Equity Shares
to SBI Life Insurance Company Limited for cash at a price of @ 291.75 per Equity Share aggregating to approximately % 900.00 million;
(ii) a private placement of 1,713,795 Equity Shares to Axis Flexi Cap Fund for cash at a price of @ 291.75 per Equity Share aggregating
to approximately & 499.99 million; (iii) a private placement of 342,760 Equity Shares to Axis Equity Hybrid Fund for cash at a price of
291.75 per Equity Share aggregating to approximately % 100.00 million; and (iv) a private placement of 66,838 Equity Shares to Kiran
Vyapar Limited for cash at a price of @ 291.75 per Equity Share aggregating to approximately ® 19.50 million pursuant to shareholders’
resolution dated February 13, 2021 and the resolution of the board dated February 23, 2021. The size of the Fresh Issue was reduced by
5,208,226 Equity Shares pursuant to the Pre-IPO Placement. Further, pursuant to the resolution of the Board dated March 2, 2021, our
Bank has also increased the Fresh Issue size by 1,763,226 Equity Shares (within the limits for Fresh Issue approved by our Shareholders
on July 27, 2020). Accordingly, the Fresh Issue size was 8,150,000 Equity Shares.

For details in relation to the changes in the authorised share capital of our Bank, see “History and Certain Corporate Matters —
Amendments to the Memorandum of Association” on page 394.

The Fresh Issue has been authorized by our Board pursuant to a resolution passed on July 3, 2020 and by our Shareholders pursuant to
a special resolution passed on July 27, 2020.

Each of the Selling Shareholders has authorized the sale of its respective portion of the Offered Shares in the Offer for Sale. For details
on the authorizations of the Selling Shareholders in relation to the Offered Shares, see “Other Regulatory and Statutory Disclosures” on
344,

Our Bank and the Selling Shareholders, in consultation with the Book Running Lead Managers, offered an Employee Discount of & 30
per Equity Share, which was announced at least two Working Days prior to the Bid/Issue Opening Date.

The amount of Securities Premium Account for post-Issue has not been adjusted for Issue expenses.

Notes to the capital structure
Equity Share capital history of our Bank

The history of the Equity Share capital of our Bank is set forth in the table below.

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