FCS SOFTWARE SOLUTIONS LIMITED
(Incorporated as a Private Limited Comapany at Ambala on 5th May 1993 as "Fateh
Computer Services Private Limited" under the Companies Act, 1956, converted into
Public Limited Company under the name "Fateh Computer Services Limited" on 29th
day of December 1999 and subsequently renamed as "FCS Software Solution Limited"
effective from 19th April, 2000) Registered office: 54 EHTP, Sector 34,
Gurgaon - 12200, Haryana, India Tel: (0124) 2372504 Fax: (0120)
2372504 Corporate Office: A - 86, Sector 57, Noida - 201301, U.P., India Tel:
(0120) Fax: (0120 3061111
Email: investors@fcsltd.com Website:
www.fcsltd.com
INTIAL PUBLIC OFFERING OF 35,00,000 EQUITY SHARES OF RS. 10/- EACH ISSUED FOR CASH
AT A PREMIUM OF RS. 40/- PER EQUITY SHARE ( PRICE OF RS. 50/- PER SHARE) AGGREGATING RS.
1750 LAKHS.
THE ISSUE PRICE IS 5 TIMES OF THE FACE VALUE OF THE EQUITY SHARES OF THE COMPANY.
BASIS OF ALLOTMENT
The Issue received 191657 valid applications for 615579700 Equity Shares resulting in
175.8799 times subscription. The details of the applications received in the issue from
retail from Retail Individuals ans Non-retail categories as under:
Category |
No. of valid Applications |
No. of shares |
Subscription |
| Retail Investors |
172841 |
143363000 |
81.92171 |
| Othe than Retail Investors |
18816 |
47221670 |
269.83811 |
The Basis of Allotment was approved by Bombay Stock Exchange Limited
("BSE") on 15 September, 2005. The Company has allotted 3502027 shares. The
over- subscription of 20247 shares has been retained for the purpose of rounding of during
finalisation of Basis of Allotment.
A) Alltoment to Retail Investors
The Basis of Allotment to the Retail Investors was finalized in consultation with
BSE, Mumbai on a proportionate basis after rounding off to the nearest integer. The
category was oversuscribed 81.92171 times. The total number of shares allotted in this
category is 175000 Equity Shares. The category-wise details of the Basis of Allotment is
as under:
| Category |
No
of
Applications |
%
to
Total |
Total
No. of
Shares |
%
to
Total
|
No. of
Shares
Allotted |
Ratio |
Total No.
of Shares
Alloted |
| 100 |
2091 |
1.21 |
209100 |
0.15 |
100 |
1:80 |
2600 |
| 200 |
6399 |
3.70 |
1279800 |
0.89 |
100 |
1:41 |
15600 |
| 300 |
2817 |
1.63 |
845100 |
0.59 |
100 |
1:27 |
10400 |
| 400 |
5430 |
3.14 |
2172000 |
1.52 |
100 |
2:41 |
26500 |
| 500 |
6975 |
4.04 |
3487500 |
2.33 |
100 |
2:42 |
42400 |
| 600 |
2593 |
1.50 |
1555800 |
1.09 |
100 |
2:27 |
19100 |
| 700 |
1104 |
0.64 |
772800 |
0.54 |
100 |
1:12 |
9300 |
| 800 |
3625 |
2.10 |
2900000 |
2.02 |
100 |
4:41 |
35400 |
| 900 |
116661 |
67.50 |
104994900 |
73.24 |
100 |
10:91 |
1281900 |
| 1000 |
25146 |
14.55 |
25146000 |
17.54 |
100 |
5:41 |
306800 |
B) Allotment to Non Retail Investors
The Basis of Allotment to other than Retail Investors was finalized in
consultation with BSE, Mumbai on a proportionate basis after rounding off to the nearest
integer. The category was oversubscribed 269.83811 times. The total number of shares
allotted in this category is 1752600 Equity Shares. A sample of category-wise details of
the Basis of Allotment is as under:
| Category |
No
of
Applications |
%
to
Total |
Total
No. of
Shares |
%
to
Total
|
No. of
Shares
Allotted |
Ratio |
Total No.
of Shares
Alloted |
| 1100 |
527 |
2.80 |
579700 |
0.12 |
100 |
1:25 |
2100 |
| 1500 |
827 |
4.4 |
1240500 |
0.26 |
100 |
1:18 |
4600 |
| 2600 |
15 |
0.08 |
39000 |
0.26 |
100 |
1:15 |
100 |
| 3600 |
74 |
0.39 |
266400 |
0.06 |
100 |
5:37 |
1000 |
| 5000 |
83 |
0.44 |
415000 |
0.09 |
100 |
2:11 |
1500 |
| 6200 |
1 |
0.01 |
6200 |
0.00 |
100 |
FIRM |
100 |
| 7500 |
3 |
0.02 |
22500 |
0.00 |
100 |
1:3 |
100 |
| 9600 |
1 |
0.01 |
9600 |
0.00 |
100 |
FIRM |
100 |
| 13000 |
3 |
0.02 |
39000 |
0.01 |
100 |
1:3 |
100 |
| 20200 |
1 |
0.01 |
20200 |
0.00 |
100 |
FIRM |
100 |
| 26000 |
1 |
0.01 |
26000 |
0.01 |
100 |
FIRM |
100 |
| 40000 |
35 |
0.19 |
1400000 |
0.30 |
148 |
FIRM |
5180 |
| 64000 |
5 |
0.03 |
320000 |
0.07 |
237 |
FIRM |
1185 |
| 150000 |
3 |
0.02 |
450000 |
0.10 |
556 |
FIRM |
1668 |
| 320000 |
1 |
0.01 |
320000 |
0.07 |
1186 |
FIRM |
1186 |
| 800000 |
6 |
0.03 |
4800000 |
1.02 |
2965 |
FIRM |
17790 |
| 1500000 |
2 |
0.01 |
3000000 |
0.64 |
5559 |
FIRM |
11118 |
| 3500000 |
89 |
0.47 |
311500000 |
65.67 |
12971 |
FIRM |
1154419 |
The Board of Directors of FCS Software Solution Limited at its Meeting held at Mumbai
on September 15, 2005 has approved the basis of allotment of shares and allotted the
shares to various successful applicants.
The despatch of Refund Orders has been completed by September 19, 2005 to the address of
the investors as registered with the depositories. The refund orders have been printed
with the Bank Mandate details as registered, if any, with the depositories. The shares
allotted to the successful applicants have been credited to their beneficiary accounts
subject to validation of the accounts details with the depositories concerned. The
Comapany is taking steps to get the Equity shates admited for trading on the Bombay Stock
Exchange Limited and on The National Stock Exchange of India Limited, Mumbai within seven
working days from the date of approval of basis of allotment.
INVESTORS PLEASE NOTE
This details of the allotment made would also be hosted on the website of
Registrars to the Offer, Intime Spectrum Registry Limited at www.intimespectrum.com.
All future correspondence in this regard may kindly be addressed to the Registrars to the
Issue quoting full name of the First/ Sole applicants, Serial number of the application
form, number of shares applied for, and payment details at the address given below:
Intime Spectrum Registry Limited Unit: FCS Software Solutins Limited
C-13, Pannalal Silk Mills Compound, L.B.S. Marg, Bhandup (West), Mumbai 400078, Tel:
022-55555491-94, Fax: 022-5555549
Email: fcssfot@intimespectrum.com Website:
www.intimespectrum.com
Place: Mumbai
Date: 20th September, 2005 |
For FCS Software Solution Limited
Sd/-
(G P Singh)
Company Secretary |
THE LEVEL OF SUBSCRIPTION SHOULD NOT TO BE INDICATIVE OF EITHER THE MARKET
PRICE OF THE EQUITY SHARE ON LISTING OR THE BUSINESS OF FCS SOFTWARE SOLUTIONS LIMITED |