| Basis of Allotment |
(This is only an advertisement nor information purposes and not a prospects announcement. This does not constitute an invitation or otter to acquire, purchase or subscribe for securities)
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| DU DIGITAL TECHNOLOGIES LIMITED |
| Corporate Identity Number: U74110DL2007PLC171939 |
Our Company was incorporated as Diva Envitec Filtration Technologies Private Limited under the Companies Act, 1956, with a certificate of incorporation issued by the Registrar of Companies, National Capital Territory of Delhi and Haryana on December 27, 2007 having CIN: U29197DL2007PTC171939. For business and commercial reasons, the name of our Company was subsequently changed from "Diva Envitec Filtration Technologies Private Limited" to "DU Digital Technologies Private United" pursuant to a special resolution passed by the shareholders of our Company on January 19, 2009, A fresh certificate of incorporation consequent to change of name was issued by the Registrar of Companies, National Capital Territory of Delhi and Haryana on February 09, 2009. Thereafter, the Company was converted from private limited company to public company vide special resolution passed by the shareholders of our Company on May 12, 2018 and the name of the Company was changed from "DU Digital Technologies Private Limited" to "DU Digital Technologies Limited" vide fresh certificate of incorporation issued by the Registrar of Companies. Delft- on June 28, 2018 having CIN: U741IODL2007PLC171939.
| Registered Office: C-4 SDA Community Centre Hauz Khas. New Delhi, 110016, Delhi, India |
| Contact Person: Ms. Jinkal Ashwin Shah, Company Secretary & Compliance Officer Tel No: +91-011-40450533 |
| E-mail: cs@dudigifalglobal.com Website: www.dudigitalglobal.com |
| PROMOTER OF OUR COMPANY: MR. RAJINDER RAI |
| BASIS OF ALLOTMENT |
INITIAL PUBLIC OFFER OF 6,90,000 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH (THE "EQUITY SHARES") OF OU DIGITAL TECHNOLOGIES LIMITED ("OUR COMPANY" OR "DDTL" OR "THE ISSUER") AT AN ISSUE PRICE OF RS. 65.00 PER EQUITY SHARE FOR CASH, AGGREGATING UP TO RS. 448.50 LAKHS ("PUBLIC ISSUE") OUT OF WHICH 38,000 EQUITY SHARES OF FACE VALUE OF RS. 10 EACH, AT AN ISSUE PRICE OF RS. 65.00 PER EQUITY SHARE FOR CASH. AGGREGATING RS. 24.70 LAKHS WILL BE RESERVED FOR SUBSCRIPTION BY THE MARKET MAKER TO THE ISSUE (THE "MARKET MAKER RESERVATION PORTION"). THE PUBLIC ISSUE LESS MARKET MAKER RESERVATION PORTION I.E. ISSUE OF 6,52,000 EQUITY SHARES OF FACE VALUE OF RS.10 EACH. AT AN ISSUE PRICE OF RS. 65.00 PER EQUITY SHARE FOR CASH, AGGREGATING UPTO RS. 423.80 LAKHS IS HEREIN AFTER REFERREO TO AS THE "NET ISSUE". THE PUBLIC ISSUE AND NET ISSUE WILL CONSTITUTE 26.54% AND 25.08 % RESPECTIVELY OF THE POST- ISSUE PAID-UP EQUITY SHARE CAPITAL OF OUR COMPANY.
| THE FACE VALUE OF THE EQUITY SHARES IS RS. 10 EACH AND THE ISSUE PRICE IS RS. 65 EACH. |
| THE ISSUE PRICE IS 6.5 TIMES OF THE FACE VALUE OF EQUITY SHARE. |
| ISSUE | OPENED ON: THURSDAY, AUGUST 12, 2021 |
| CLOSED ON: TUESDAY, AUGUST 17, 2021 |
| PROPOSED LISTING: AUGUST 26, 2021* |
The Equity Shares offered through the Prospectus are proposed to be listed on the SME Platform of National Stock Exchange of India Limited ("NSE EMERGE") in terms of the Chapter IX of the SEBI (ICDR) Regulations, 2018, as amended from time to time. Our Company has received an In Principal approval letter dated July 29, 2021 from NSE of India Limited ("NSE EMERGE") for using its name m the Offer Document for feting of our shares on the SME Platform of NSE It is to be distinctly understood that the permission given by NSE of India Limited ("NSE EMERGE") should not in any way be deemed or construed that the content of the Prospectus or the price at which the equity share are offered has been cleared, solicited or approved by NSE, nor does it certify the correctness, accuracy or completeness of any of the content of the Prospectus. The investors are advised to refer to the Prospectus for the full text of the Disclaimer clause pertaining to NSE. For the purpose of this Issue, the Designated Stock Exchange will be the NSE of India Limited. The trading is proposed to be commenced on or about August 26, 2021 *.
*Subject to the receipt of listing and trading approval from the NSE SME Platform.
All Applicants were allowed to participate in the Issue either through APPLICATIONS SUPPORTED BY BLOCKED AMOUNT ("ASBA") process by providing the details of their respective bank accounts in which the corresponding application amounts were blocked by Self Certified Syndicate Banks (the "SCSBs") or through UPI Mechanism.
SUBSCRIPTION DETAILS
The Issue has received 3011 applications for 79,96,000 Equity shares resulting m 11.59 times subscription (Including reserved portion of Market maker)
The details of applications received in the issue (before technical rejections but after excluding bids not banked) are as follows:
| Category | No. of applicants | % | No. of Equity shares | % | Subscription (times)* |
| Market Maker | 1 | 0.03 | 38,000 | 0.48 | 1.00 |
| Retail Individual Investors | 2905 | 96.48 | 58,10,000 | 72.66 | 1782 |
| Other than retail individual Investors | 105 | 3.49 | 21,48,000 | 26.86 | 6.59 |
| Total | 3011 | 100.00 | 79,96,000 | 100.00 | 11.59 |
The details of applications rejected by the Registrar on technical grounds (including withdrawal) are detailed below:
| Category | No. of applicants | No. of Equity shares |
| Market Maker | Nil | Nil |
| Retail Individual investors | 90 | 1,80,000 |
| Other than retail individual Investors | 4 | 16,000 |
| Total | 94 | 1,96,000 |
After eliminating technically rejected applications, the following table gives us category wise net valid applications;
| Category | No. of applicants | % | Issue Allocation as per Prospectus (Category wise) | Revised Issue Allocation (after spill over) | No. of valid shares applied | % of Total Applied | Subscription (times) on basis of revised Issue Allocation |
| Market Maker | 1 | 0.03 | 38,000 | 38,000 | 38,000 | 0.49 | 1.00 |
| Retail Individual Investors | 2815 | 96.50 | 326,000 | 4,74,000 | 56,30,000 | 72.18 | 11.88 |
| Other than retail individual Investors | 101 | 3.46 | 326,000 | 1,78,000 | 21,32,000 | 27.33 | 11.98 |
| Total | 2917 | 100.00 | 6,90.000 | 6,90,000 | 78,00,000 | 100.00 | 11.30 |
Allocation: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange- NSE Limited on August 23, 2021.
A. Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the issue price of Rs. 65/- per Equity Share, was finalized in consultation with NSE. The category was subscribed by 1.00 times. The total number of shares allotted in this category is 38,000 Equity Shares to 1 successful applicant.
The Category-wise details of the Basis of Allotment are as under:
| No. of Shares Applied for (Category wise) | No. Of Applications received | % to Total | Total No. of shares applied in each category | % to Total | Proportionate Shares Available | Allocation per Applicant (Before Rounding Off) | Allocation per Applicant (After Rounding Off) | Ratio of allottees lo applicants: RATIO 1 | Ratio of allottees to applicants: RATIO 2 | Number of successful applicant (after rounding off) | Total no. of Shares Allocated/allotted | No. of Shares Surplus/ Deficit |
| 38,000 | 38,000 | 100 | 38,000 | 100 | 38,000 | 38,000 | 38,000 | 1 | 1 | 1 | 38,000 | 0 |
| Grand Total | 38,000 | 100 | 38,000 | 100 | 38,000 | 38,000 | 38,000 | 1 | 38,000 | 0 |
B. Allocation to Retail Individual Investors (Alter Technical Rejections): The Basis of Allotment to the Retail Individual Investors, at the issue price of Rs. 65/- per Equity Share, was finalised in consultation with NSE, The category was subscribed by 11.88 times. The total number of shares allotted in this category is 4,74,000 Equity Shares to 237 successful applicants.
The Category-wise details of the Basis of Allotment are as under:
| No. of Shares Applied for (Category wise) | No. Of Applications received | % to Total | Total No. of shares applied in each category | % to Total | Proportionate Shares Available | Allocation per Applicant (Before Rounding Off) | Allocation per Applicant (Alter Rounding Off) | Ratio of allottees to applicants: RATIO 1 | Ratio of allottees to applicants: RATIO 2 | Number of successful applicant (alter rounding off) | Total no. of Shares Allocated/ allotted | No. of Shares Surplus/ Deficit |
| 2000 | 2815 | 100 | 56,30,000 | 100 | 4,74,000 | 168.38 | 2000 | 8 | 95 | 237 | 4,74,000 | - |
| Grand Total | 2815 | 100 | 56,30,000 | 100 | 4,74,000 | 4.74,000 | - |
C. Allocation to Other than Retail Individual Investors (After Technical Rejections & Withdrawal): The Basis of Allotment to the Other than retail individual Investors, at the issue price of Rs. 65/- per Equity Share, was finalized in consultation with NSE. The category was subscribed by 11.98 times. The total number of shares allotted in this category is 1,78,000 Equity Shares to 36 successful applicants.
The Category-wise details of the Basis of Allotment are as under:
| No. of Shares Applied for (Category wise) | No. Of Applications received | % to Total | Total No. of shares applied in each category | % to Total | Proportionate Shares Available | Allocation per Applicant (Before Rounding Off) | Allocation per Applicant (After Rounding Off) | Ratio of allottees to applicants: RATIO 1 | Ratio of allottees to applicants: RATIO 2 | Number of successful applicant (alter rounding off) | Total no. of Shares Allocated' allotted | No. of Shares Surplus/ Deficit | |
| 4000 | 56 | 55.45 | 224000 | 10.51 | 18702 | 333 96 | 2000 | 9 | 56 | 9 | 18000 | -702 | |
| 6000 | 10 | 9.90 | 60000 | 2 81 | 5009 | 500 9 | 2000 | 3 | 10 | 3 | 6000 | 991 | |
| 8000 | 4 | 3.96 | 32000 | 1 50 | 2672 | 668 | 2000 | 1 | 4 | 1 | 2000 | -672 | |
| 10000 | 7 | 6.93 | 70000 | 3 28 | 5844 | 834 86 | 2000 | 3 | 7 | 3 | 6000 | 156 | |
| 12000 | 2 | 1.98 | 24000 | 1.13 | 2004 | 1002 | 2000 | 1 | 2 | 1 | 2000 | -4 | |
| 14000 | 3 | 2.97 | 42000 | 1 97 | 3507 | 1169 | 2000 | 2 | 3 | 2 | 4000 | 493 | |
| 16000 | 2 | 1.98 | 32000 | 1.50 | 2672 | 1336 | 2000 | 1 | 2 | 1 | 2000 | -672 | |
| 18000 | 1 | 0.99 | 18000 | 084 | 1503 | 1503 | 2000 | 1 | 1 | 1 | 2000 | 497 | |
| 20000 | 3 | 2.97 | 60000 | 2.81 | 5009 | 1669.67 | 2000 | 2 | 3 | 2 | 4000 | -1009 | |
| 22000 | 1 | 0.99 | 22000 | 1.03 | 1837 | 1837 | 2000 | 1 | 1 | 1 | 2000 | 163 | |
| 30000 | 3 | 2.97 | 90000 | 4.22 | 7514 | 2504.67 | 2000 | 1 | 1 | 3 | 6000 | -1514 | |
| 2000 additional share is allocated for Serial no 11 in the ratio of 1:3 | 1 | 3 | 2000 | 2000 | |||||||||
| 36000 | 1 | 0.99 | 36000 | 1.69 | 3006 | 3006 | 2000 | 1 | 1 | 1 | 2000 | -1006 | |
| 46000 | 1 | 0.99 | 46000 | 2.16 | 3841 | 3841 | 4000 | 1 | 1 | 1 | 4000 | 159 | |
| 50000 | 1 | 0.99 | 50000 | 2.35 | 4174 | 4174 | 4000 | 1 | 1 | 1 | 4000 | -174 | |
| 128000 | 2 | 1.98 | 256000 | 12.01 | 21373 | 10686.5 | 10000 | 1 | 1 | 2 | 20000 | -1373 | |
| 2000 additional share is allocated for Serial no 15 In the ratio of 1:2 | 1 | 2 | .2000 | 2000 | |||||||||
| 170000 | 1 | 0.99 | 170000 | 7.97 | 14193 | 14193 | 14000 | 1 | 1 | 1 | 14000 | -193 | |
| 200000 | 2 | 1.98 | 400000 | 18.76 | 33396 | 16698 | 16000 | 1 | 1 | 2 | 32000 | -1396 | |
| 2000 additional share is allocated for Serial no 17 in the ratio of 1 :2 | 1 | 2 | 2000 | 2000 | |||||||||
| 500000 | 1 | 0.99 | 500000 | 23.45 | 41745 | 41745 | 42000 | 1 | 1 | 1 | 42000 | 256 | |
| Grand Total | 101 | 100.00 | 2132000 | 100.00 | 178001 | 36 | 178000 | 0 | |||||
The Board of Directors of the Company at its meeting held on August 23, 2021 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz. NSE Limited and has authorized the corporate action for allotment of the Equity Shares to various successful applicants.
The Refund/allotment intimation will be dispatched to the address of the Applicants as registered with the depositories on or about August 24, 2021. Further, the instructions to Self Certified Syndicate Banks for unblocking the funds have been shared on August 23, 2021. In case the same is not received within ten days, investors may contact Registrar at the address given below.
The Equity Shares allocated to successful applicants are being credited to their beneficiary accounts subject to validation of the account details with the depositories concerned. The Company is taking steps to get the Equity Shares admitted for trading on SME Platform of NSE Limited within six working days from the date of the closure of the Issue.
Note: All capitalized terms used and not defined herein shall have the respective moaning assigned to them in the Prospectus dated August 06, 2021 ("Prospectus").
In terms of Prospectus dated August 06, 2021 and as per Regulation 253 of SEBI (ICDR) Regulations, 2018 wherein a minimum of 50% of the Net Issue of shares to Public shall initially be made available for allotment to a) Retail Individual Investors as the case may be The balance net offer of shares to the public shall be made available for allotment to b) individual applicants other than retail investors and other investors including corporate bodies / institutions irrespective of number of shares applied for. The unsubscribed portion of the net issue to any one of the categories specified in (a) or (b) shall/may be made available for allocation in any other category, it so required. Explanation: Chapter IX part VIII (253) of SEBI (ICDR) Regulation. 2018. If the retail individual investor is entitled to more than fifty percent, on proportionate basis, the retail individual investors shall be allocated that higher percentage
INVESTORS PLEASE NOTE
The details of the allotment made would also be hosted on the website of the Registrar to the Issue Bigshare Services Private Limited at www.bigshareonline.com . All future correspondence in this regard may kindly be addressed to the Registrar to the issue quoting full name of the first/sole applicants, serial number of the Application Form, number of shares applied for and Bank Branch where the application had been lodged and payment details at the address of the Registrar given below
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BIGSHARE SERVICES PRIVATE LIMITED |
| Address: 1st Floor, Bharat Tin Works Buildings, Opp. Vasant Oasis Makwana Road, Marol, Andheri East, Mumbai 400059 Tel No.: +91-022-62638200 | |
| Fax No.: +91-022-62638299 Email: ipo@bigshareonline.com Website: www.bigshareonline.com Contact Person: Mr Swapnil Kate | |
| SEBI Regn. No. INR000001385 |
| For and on behalf of the Board of Directors | |
| DU Digital Technologies Limited | |
| Sd/- | |
| Rajinder Rai | |
| Place: New Delhi, Delhi | Chairman & Managing |
| Date: August 23, 2021 | Director DIN:00024523 |
THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE EQUITY SHARE ON LISTING OR THE BUSINESS PROSPECTS OF THE DU DIGITAL TECHNOLOGIES LIMITED.
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