The initial public offer comprises a fresh issue of equity shares aggregating up to Rs. 5,250 million, and an offer for sale of up to 43,111,670 equity shares being offered by the selling shareholders. The offer will also include a reservation of equity shares for purchase by eligible employees. The key selling shareholders include some of the private equity investors like TPG Growth and Lighthouse Funds, and some individual shareholders. However, most of the investors are not cashing out fully, and will continue to retain some stake in the company post-IPO. One of the promoter and promoter group entities is also selling a few shares in the offer for sale, however this only amounts to less than 2 per cent of the total promoter and promoter group shareholding. The promoter and promoter group will continue to hold more than 51per cent of the company’s shares.