|Basis of Allotment|
B.A.G. Films Ltd
Basis of Allotment
The Board of Direftors thank the investing public for their encouraging response to the public issue which opened for subscriptrion on 6.09.2003 and closed on 11.09.2003. The Public Issue has received 24,514 valid applications for 9,23,73,300 equity shares from the Indian public resulting in 6.22 times over subscription for the public offer.The Basis of Allotment was finalised in consultation with The Delhi Stock Exchange Association Ltd on 08.10.2003 and 1,59,39,400 equity shares have been allotted by the Board of directors in the meeting held on 8.10.2003 as mentioned below.
There are 16.50 allottees for every Rs 1 lac of the Public Issue
1. Individual Investors who have aplied for not more than 1000 shares : (Retail
2. Indivudual investors who have applied for more than 1000 shares, Corporate Bodies & Institutions.
The Company has received 6,533 valid applications for 75,360,200 shares resulting in 10.14 times subscription.
In the process of rounding off to the nearest 100 shares, the Company has allotted a total of 1,59,39,400 shares, utilising the available green shoe option for this purpose to the extent of 7.62% of the issue size.
The Company has received 2 applications from OCBs who have been allotted 98,600 shares in the aggregate.
In the interest of investing public, we furnish below the break up of the applicants who have lodged valid applications through cash / cheque / demand draft and through stockinvest
Share certificates/Refund orders/cancelled stock invests, wherever applicable, have already been dispatched on 10.10,2003 and in case of shares in the electronic form, the beneficiary account of allottees with CDSL have been credited on 10.10.2003 and with NSDL on 11,10.2003 and listing applications have been filed with the The Delhi Stock Exchange Association Ltd, The Stock Exchange, Mumbai, The National Stock Exchange of India Ltd. on 13.10.2003.
All future correspondence in this respect should be addressed to Registrars to issue at their below mentioned address by mentioning full name of first applicant, applicant, Application No., No. of Shares applied and bank Branch where the Application had been lodged: