|Basis of Allotment|
(The Company was incorporated as a "Public Limited Company" vide Registration No. 01-4319 on December 17, 1983 in Hyderabad under the Companies Act, 1956 and obtained certificate for commencement of business on February 9, 1984) Registered Office: B-29, EEIE Stage-II, Balanagar, Hyderabad-500 037, Andhra Pradesh, India.
Tel.: +91 40 23079310/23079313, Fax: +91 40 23078274, Email: email@example.com,
Company Secretary and Compliance Officer: Mr. D. Subrahmanya Sarma
BASIS OF ALLOTMENT
Public Issue of 30,00,000 Equity Share Rs.10/- each for cash
at a price of Rs.140/-per Equity Share aggregating Rs.4200 Iacs.The issue would constitute
25.47% of the fully diluted post issue capital of the company.
The Basis of Allotment of Public Issue was approved by Bombay Stock Exchange Limited(Designated Stock Exchange) on April 27, 2006. The Board of Directors of the Company at its Meeting held at Mumbai on April 27, 2006 allotted the Equity Shares to the successful applicants. Details of valid applications received and allotments done are as under:
The details of valid applications received in the Issue from Retail Category, Corporates / Institutions (Non Retail
A. Allotment to Retail Investors:
B. Allotment to Non Institutional Category:
All the applicants who have applied for 900 Equity Shares and above have been given FIRM allotment on PROPORTIONATE BASIS.
C. Allotment to Qualified Institutional Buyers (Q1Bs): The total number of Equity Shares allotted in this category are 15,00,000) Equity Shares (50% of total Equity Shares allotted). All the applicants in this category have been given Firm Allotment on a PROPORTIONATE BASIS: Out of 15,00,000 Equity Shares offered to QIBs as per the terms of the issue, 75,000 Equity Shares (i.e 5% of 15,00,000) has been allotted proportionately to mutual funds. Mutual funds applicants have also been considered eligible for proportionate allotment for the balance Equity shares in QIBs category i.e 14,25,000.
Refunds have been made through ECS, Into the Bank Accounts of the applicants, as registered with the depositories, for applicants residing at any of the 15 centres specified by SEBI, For other applicants Refund Orders have been despatched to their address as registered with the depositories. In case the same is not received within ten days, applicants may contact at the address given below. ECS Intimation Note and Refund Orders have been over-printed with the Bank Mandate details as registered, if any, with the depositories. The Equity Shares allotted to successful applicants have been credited to their beneficiary accounts.
INVESTORS PLEASE NOTE:
All future correspondence in this regard may kindly be addressed to the Registrars to
the Issue quoting full name of the First/ Sole applicant, Serial No. of the
Bid-cum-Application form, number of Equity Shares applied for and the name of the Bank
branch where the application was lodged at the following address given below: