PBA INFRASTRUCTURE LTD.
(formerly known as Prakaah Building Assoclates Ltd.) Regd.Offlce:
611/3, V N Purav Marg, Chembur, Mumbai 400 071. Tel No: (022) 55973767, Fax: (022)
25229699, E-mail: pbaltd@vanl.net
PUBLIC ISSUE OF 50,00,000 EQUITY SHARES OF RS.10/- EACH AT A PREMIUM OF RS.50/- PER SHARE
(I.E. AT A PRICE OF RS.60/- PER SHARE) AQOREQATING TO RS.3000 LACS. THE ISSUE PRICE OF
RS.60/- PER EQUITY SHARE IS SIX (6) TIMES THE FACE VALUE.
Thank you investors
BASIS OF ALLOTMENT
The Board of Directors of PBA Infrastructure Ltd. ("The Company") wish to
thank all the Investors for their overwhelming response to the Public Issue which opened
on 24/10/2005 and closed on 28/10/2005. The basis of allotment has been finalised in
consultation with Bombay Stock Exchange Ltd. (BSE), the Designated Stock Exchange on
18/11/2005 and the equity shares have been allotted as per details given below.
| Particulars |
|
No of equity shares offered
No of valid application received
Total no. of equity shares applied for
No. of times oversubscribed |
50,00,000
58,362
4,00,45,200
8.01 |
| Category |
No. of equity shares offered |
No. of equity shares applied for |
No. of valid applications received |
No. of times oversubscribed |
| NRIs/FIIs |
12,50,000 |
8,64,300 |
34 |
0.69 |
| Banks/Mutual Funds/FIs |
12,50,000 |
11,16,600 |
08 |
0.89 |
| Employees |
5,00,000 |
5,76,400 |
146 |
1.15 |
| Resident Pubic |
20,00,000 |
3,74,87,900 |
58,174 |
18.74 |
| Total |
50,00,000 |
4,00,45,200 |
58,362 |
8.01 |
Full and firm allotment has been made to NRIs/Flls and Banks/Fls/Mutual
Fund categories for all the valid applications. Allotments have been made on the
proportionate basis within the specified categories, rounded off to the nearest integer
subject to a minimum of 100 shares per allottee in case of public and employees
categories. The spill over from the reserved categories have been made to net offer to
public in terms of prospectus dated 03/10/2005.
Category-wise details of the Basis of Allotment for other than reserved categories are
as under:
(A) RETAIL INDIVIDUAL INVESTORS
| Category |
No. of Applications |
%to Total |
Total No. of
equityshares
applied |
% to Total |
No. of
equityshares
allotted in
the category |
Ratio |
Equity
Sharesper
allottee |
Total No.
of equity
sharesallotted |
| 100 |
7283 |
12.55 |
728300 |
2.08 |
48940 |
1:15 |
100 |
48600 |
| 200 |
6987 |
12.04 |
1397400 |
3.99 |
93902 |
2:15 |
100 |
93200 |
| 300 |
4943 |
8.52 |
1482900 |
4.24 |
99647 |
1:5 |
100 |
99100 |
| 400 |
5913 |
10.19 |
2365200, |
6.76 |
158935 |
4:15 |
100 |
157700 |
| 500 |
3631 |
6.26 |
1815500 |
5.19 |
121997 |
1:3 |
100 |
121000 |
| 600 |
1812 |
3.12 |
1087200 |
3.11 |
73057 |
2:5 |
100 |
72500 |
| 700 |
1706 |
2.94 |
1194200 |
3.41 |
80247 |
7:15 |
100 |
79600 |
| 800 |
19606 |
33.78 |
15684800 |
44.80 |
1053977 |
27:50 |
100 |
1058700 |
| 900 |
245 |
0.42 |
220500 |
0.63 |
14817 |
3:5 |
100 |
14700 |
| 1000 |
387 |
0.67 |
387000 |
1.11 |
26005 |
33:50 |
100 |
25500 |
| 1100 |
125 |
0.22 |
137500 |
0.39 |
9240 |
37:50 |
100 |
9300 |
| 1200 |
170 |
0.29 |
204000 |
0.58 |
13708 |
4:5 |
100 |
13600 |
| 1300 |
64 |
0.11 |
83200 |
0.24 |
5591 |
7:8 |
100 |
5600 |
| 1400 |
89 |
0.15 |
124600 |
0.36 |
8373 |
27:29 |
100 |
8300 |
| 1500 |
222 |
0.38 |
333000 |
0.95 |
22377 |
FIRM |
101 |
22422 |
| 1600 |
4855 |
8.37 |
7768000 |
22.19 |
521987 |
FIRM |
108 |
524340 |
(B) NON RETAIL INVESTORS
| Category |
No. of Applications |
%to Total |
Total No.of
equityshares
applied |
%to Total |
NO. of
equityshares
allotted in
the category |
Ratio |
Equity
Sharesper
allottee |
TotalNo.of
equityshares
allotted |
| 1700 |
21 |
15.44 |
35700 |
1.44 |
2399 |
FIRM |
114 |
2394 |
| 1800 |
5 |
3.68 |
9000 |
0.36 |
605 |
FIRM |
121 |
60S |
| 1900 |
1 |
0.74 |
1900 |
0.08 |
128 |
FIRM |
128 |
128 |
| 2000 |
13 |
9.56 |
26000 |
1.05 |
1747 |
FIRM |
134 |
1742 |
| 2100 |
2 |
1.47 |
4200 |
0.17 |
282 |
FIRM |
141 |
282 |
| 2300 |
1 |
0.74 |
2300 |
0.09 |
155 |
FIRM |
155 |
155 |
| 2400 |
1 |
0.74 |
2400 |
0.10 |
161 |
FIRM |
161 |
161 |
| 2500 |
4 |
2.94 |
10000 |
0.40 |
672 |
FIRM |
168 |
672 |
| 2700 |
1 |
0.74 |
2700 |
0.11 |
181 |
FIRM |
181 |
181 |
| 2800 |
2 |
1.47 |
5600 |
0.23 |
376 |
FIRM |
188 |
376 |
| 3000 |
3 |
2.21 |
9000 |
0.36 |
605 |
FIRM |
202 |
606 |
| 3300 |
1 |
0.74 |
3300 |
0.13 |
222 |
FIRM |
222 |
222 |
| 3500 |
1 |
0.74 |
3500 |
0.14 |
235 |
FIRM |
235 |
235 |
| 3600 |
3 |
2.21 |
10800 |
0.44 |
726 |
FIRM |
242 |
726 |
| 3800 |
1 |
0.74 |
3800 |
0.15 |
255 |
FIRM |
255 |
255 |
| 4000 |
4 |
2.94 |
16000 |
0.65 |
1075 |
FIRM |
269 |
1076 |
| 4100 |
2 |
1.47 |
8200 |
0.33 |
551 |
FIRM |
276 |
552 |
| 4500 |
1 |
0.74 |
4500 |
0.18 |
302 |
FIRM |
302 |
302 |
| 5000 |
8 |
5.88 |
40000 |
1.62 |
2688 |
FIRM |
336 |
2688 |
| 5400 |
1 |
0.74 |
5400 |
0.22 |
363 |
FIRM |
363 |
363 |
| 5800 |
1 |
0.74 |
5800 |
0.23 |
390 |
FIRM |
390 |
390 |
| 6000 |
2 |
1.47 |
12000 |
0.48 |
806 |
FIRM |
403 |
806 |
| 6300 |
2 |
1.47 |
12600 |
0.51 |
847 |
FIRM |
424 |
848 |
| 6700 |
1 |
0.74 |
6700 |
0.27 |
450 |
FIRM |
450 |
450 |
| 7100 |
1 |
0.74 |
7100 |
0.29 |
477 |
FIRM |
477 |
477 |
| 7500 |
2 |
1.47 |
15000 |
0.61 |
1008 |
FIRM |
504 |
1008 |
| 8000 |
3 |
2.21 |
24000 |
0.97 |
1613 |
FIRM |
538 |
1614 |
| 8500 |
1 |
0.74 |
8500 |
0.34 |
571 |
FIRM |
571 |
571 |
| 9000 |
2 |
1.47 |
18000 |
0.73 |
605 |
FIRM |
605 |
1210 |
| 10000 |
10 |
7.35 |
100000 |
4.04 |
6720 |
FIRM |
672 |
6720 |
| 10100 |
1 |
0.74 |
10100 |
0.41 |
679 |
FIRM |
679 |
679 |
| 12500 |
2 |
1.47 |
25000 |
1.01 |
1680 |
FIRM |
840 |
1680 |
| 14000 |
1 |
0.74 |
14000 |
0.57 |
941 |
FIRM |
941 |
941 |
| 15000 |
2 |
1.47 |
30000 |
1.21 |
2016 |
FIRM |
1008 |
1008 |
| 16000 |
1 |
0.74 |
160000 |
0.65 |
1075 |
FIRM |
1075 |
1075 |
| 18400 |
1 |
0.74 |
18400 |
0.74 |
1237 |
FIRM |
1237 |
1237 |
| 20000 |
1 |
0.74 |
20000 |
0.81 |
1344 |
FIRM |
1344 |
1344 |
| 25000 |
1 |
0.74 |
25000 |
1.01 |
1680 |
FIRM |
1680 |
1680 |
| 30000 |
2 |
1.47 |
60000 |
2.42 |
4032 |
FIRM |
2016 |
4032 |
| 30700 |
1 |
0.74 |
30700 |
1.24 |
2063 |
FIRM |
2063 |
2063 |
| 35000 |
2 |
1.47 |
70000 |
2.83 |
4704 |
FIRM |
2352 |
2352 |
| 37500 |
1 |
0.74 |
37500 |
1.52 |
2520 |
FIRM |
2520 |
2520 |
| 39600 |
1 |
0.74 |
39600 |
1.60 |
2661 |
FIRM |
2661 |
2661 |
| 40000 |
2 |
1.47 |
80000 |
3.23 |
5376 |
FIRM |
2688 |
2688 |
| 41000 |
1 |
0.74 |
41000 |
1.66 |
2755 |
FIRM |
2755 |
2755 |
| 41600 |
2 |
1.47 |
83200 |
3.36 |
5591 |
FIRM |
2796 |
5592 |
| 43000 |
1 |
0.74 |
43000 |
1.74 |
2890 |
FIRM |
2890 |
2890 |
| 45000 |
1 |
0.74 |
45000 |
1.82 |
3024 |
FIRM |
3024 |
3024 |
| 48000 |
1 |
0.74 |
48000 |
1.94 |
3226 |
FIRM |
3226 |
3226 |
| 49500 |
1 |
0.74 |
49500 |
2.00 |
3327 |
FIRM |
3327 |
3327 |
| 50000 |
1 |
0.74 |
50000 |
2.02 |
3360 |
FIRM |
3360 |
3360 |
| 83300 |
1 |
0.74 |
83300 |
3.37 |
5598 |
FIRM |
5598 |
5598 |
| 100000 |
1 |
0.74 |
100000 |
4.04 |
6720 |
FIRM |
6720 |
6720 |
| 125000 |
1 |
0.74 |
125000 |
5.05 |
840 |
FIRM |
8400 |
8400 |
| 160000 |
2 |
1.47. |
320000 |
12.93 |
21505 |
FIRM |
10753 |
21506 |
| 166600 |
1 |
0.74 |
166600 |
6.73 |
11197 |
FIRM |
11197 |
11197 |
| 166700 |
1 |
0.74 |
166700 |
6.74 |
11204 |
FIRM |
11204 |
11204 |
| 263000 |
1 |
0.74 |
263000 |
10.63 |
17675 |
FIRM |
17678 |
17678 |
The despatch of refund orders and allotment letters is completed. The credit In respect
of allotment In dematerlallzed form in Central Depository Services (India) Ltd. (CDSL),
National Securities Depository Ltd. (NSDL) to the valid beneficiary accounts is being
completed.
The company has already made the listing application to the BSE and NSE and other
formalities regarding listing of equity shares are In the process of completion.
All futures correspondence in this regard may kindly be addressed to the Registrar to
the Issue, whose address is furnished below, quoting full name of the first/sole
applicant, application number, number of shares applied and Bank/branch where the
application has been lodged.
Intlme Spectrum Registry Limited
C-13, Pannalal Silk Mills Compound, Kantilal Maganlal Industrial Estate, LBS Marg Bhandup
(W), Mumbai - 400 078
Tel: 5655 S491 -94, Fax: 5555 5499, Web site;www.intimespectrum.com,
Email :pbainfra@lntimespectrum.com
Contact Person: Mr. Vishwas Attavar
Dates of despatch of Refund Orders, Credit to beneficiary account and listing
application:
| Activity |
Date of completion |
Despatch of refund orders
Electronic upload to NSDL/CDSL
Listing application to BSE & NSE |
21/11/2005
21/11/2005
22/11/2005 |
Lead Manager to the Issue |
Co-Lead Manager to the lssue |
KEYNOTE
CORPORATE SERVICES LIMITED
307, Regent Chambers
Nariman Point, Mumbai – 400 021
Tel: (022) 22025230, Fax: (022) 22835467
E-mail: mbd@keynotelndia.net |
CANARA BANK
Merchant Banking Division,
Fort, Mumbai 400 001.
Tel: (022) 22677405, Fax: (022) 22677404
Email: mbdcomcity@canbank.co.in |
| Place: Mumbai
Date: 22/11/2005 |
For PBA INFRASTRUCUTRE LTD.
Sd/-
Ramlal R. Wadhawan
Chairman & Managing Director |
|