Onemi Technology Solutions Ltd

Use of Proceeds

The funds raised through this IPO will be used for:

Initial public offering of 54,147,390 equity shares of face value of Re. 1 each ("Equity Shares") of OnEMI Technology Solutions Limited ("the Company" or "the Company") for cash at a price of Rs. 171 per equity share (Including a Share Premium of Rs. 170 per Equity Share) ("Offer Price") aggregating to Rs. 925.92 Crores comprising a fresh issue of up to 49,707,602 equity shares of face value of Re. 1 each aggregating to Rs. 850.00 Crores by the company ("Fresh Issue") and an offer for sale of 4,439,788 equity shares of face value of Re. 1 each aggregating to Rs. 75.92 Crores by the selling shareholders (As Defined Hereinafter), consisting of 1,156,317 equity shares of face value of Re. 1 each aggregating to Rs. 19.77 Crores by Ammar SDN BHD, 792,308 equity shares of face value of Re. 1 each aggregating to Rs.13.55 Crores by Vertex Ventures Sea Fund III Pte. Ltd., 456,831 equity shares of face value of Re. 1 each aggregating to Rs. 7.81 Crores by Vertex Growth Fund Pte. Ltd., up to 456,831 equity shares of face value of Re. 1 each aggregating up to Rs. 7.81 Crores by Vertex Growth Fund II Pte. Ltd., 589,519 equity shares of face value of Re. 1 each aggregating to Rs. 10.08 Crores by Ventureast Proactive Fund II, 535,367 equity shares of face value of Re. 1 each aggregating to Rs. 9.15 Crores by Endiya Seed Co-Creation Fund, 264,522 equity shares of face value of Re. 1 each aggregating to Rs. 4.52 Crores by Ventureast Proactive Fund LLC, 138,758 equity shares of face value of Re. 1 each aggregating to Rs. 2.37 Crores by Aion Advisory Services LLP, 48,108 equity shares of face value of Re. 1 each aggregating to Rs. 0.82 Crores by Ventureast Proactive Fund and 1,227 equity shares of face value of Re. 1 each aggregating to Rs. 0.02 Crores by ventureast Sedco Proactive Fund LLC (Collectively Referred to as the "Selling Shareholders", and such equity shares so offered by the selling shareholders, the "Offered Shares", and such offer for sale by the selling shareholders, the "Offer for Sale", and together with the fresh issue, the "Offer"). The company, in consultationwith the brlms,may consider a pre-ipo placement of specified securities aggregating up to Rs. 200.00 crores, as may be permitted under applicable law, at its discretion, prior to filing of the pre-ipo placement, if undertaken, will be at a price to be decided by the company, in consultation with the brlms. If the pre-ipo placement is completed, the amount raised pursuant to the pre-ipo placement will be reduced from the fresh issue, subject to compliance with Rule 19(2)(b) of the scrr. The pre-ipo placement, if undertaken, shall not exceed 20% of the size of the fresh Issue. The company shall appropriately intimate the subscribers to the pre-ipo placement, prior to allotment pursuant to the pre-ipo placement, that there is no guarantee that the company may proceed with the offer or the offer may be successful and will result into listing of the equity shares on the stock exchanges. Further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement (If Undertaken). The offer includes a reservation of up to [*] equity shares of face value of Re.1/- each, aggregating up to Rs.[*] crores (Constituting up to [*]% of the Post-Offer Paid-up Equity Share Capital), for subscription by eligible employees ("Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer shall constitute [*]% and [*]% of the post-offer paid-up equity share capital of the company, respectively. Price Band: Rs. 171 per equity share of face value of Rs. 1 each. The floor price is 171 times the face value of the equity shares. Bids can be made for a minimum of 87 equity shares of face value of Rs. 1 each and in multiples of 87 equity shares of face value of Rs. 1 each thereafter.