|Basis of Allotment|
Globus Spirits Limited
(Originally incorporated as Globus Agronics Limited on February 16,1993
with the Registrar of Companies, Delhi & Haryana, and obtained the Certificate of
Commencement of Business on March 19,1993. The name of the Company was subsequently
changed to Globus Spirits Limited vide a fresh Certificate of Incorporation obtained on
January 23,2007 from the Registrar of Companies, Delhi and Haryana at New Delhi. (For
details of changes in the Registered Office of the Company, please refer to page no. 9 of
BASIS OF ALLOTMENT
INITIAL PUBLIC ISSUE OF 75,00,000 EQUITY SHARES OF RS. 10/- EACH FOR CASH AT A PRICE OF RS. 100/- (INCLUDING SHARE PREMIUM OF RS. 90/- PER EQUITY SHARE) AGGREGATING TO RS. 7500.00 LAKHS (HEREINAFTER REFERRED TO AS THE "ISSUE"). THE ISSUE COMPRISES A RESERVATION FOR ELIGIBLE EMPLOYEES OF UPTO 50,000 EQUITY SHARES OF RS. 10/- EACH (THE "EMPLOYEE RESERVATION PORTION") AGGREGATING TO RS. 50 LAKHS AND THE NET ISSUE TO THE PUBLIC OF 74,50,000 EQUITY SHARES OF RS. 10/- EACH (THE "NET ISSUE") AGGREGATING TO RS. 7,450 LAKHS.
THE ISSUE WILL CONSTITUTE 37.96 % OF THE FULLY DILUTED POST-ISSUE PAID-UP CAPITAL OF THE COMPANY. THE NET ISSUE TO PUBLIC WOULD CONSTITUTE 37.71 % OF THE FULLY DILUTED POST ISSUE PAID UP CAPITAL OF THE COMPANY.
ISSUE PRICE: RS. 100/- PER EQUITY SHARE of FACE VALUE OF RS. 10/- EACH
The Issue was made through the 100% Book Building Process wherein upto 50% of the net Issue was to be allotted on a proportionate basis to Qualified Institutional Buyers ("QIBs") (including 5% of the QIB portion that was to specifically be allotted to mutual funds), further, not less than 15% of the Issue shall be available for allotment on a proportionate basis to Non-Institutional Bidders and not less than 35% of the Issue shall be available for allotment on a proportionate basis to Retail Bidders, subject to valid bids being received at or above the Issue Price. Further upto 50,000 equity shares shall be available for allotment on a proportionate basis to eligible employees, subject to valid bids being received at or above the issue price, the issue opened for subscription on August 31,2009 and closed on September 02,2009. The Issue received 7,874 valid applications for 86,13,080 shares resulting in 1.14 times subscription. The details of the applications received in the Issue from Qualified Institutional Buyers, Non-Institutional, Retail Individual Investor and Employee categories are as under: (Before technical rejections)
*This includes 2284 applications aggregating to 592760 equity shares which were applied through Applications Supported by Blocked Amounts (ASBA) process.
A sample of the final demand at different bid prices is as under
The Basis of Allotment was finalized in consultation with the Bombay Stock Exchange Limited ("BSE, The Designated Stock Exchange") on September 14,2009. Details of valid applications received and allotments done are as under:
A. Allotment to Employees (After Technical Rejections): The Basis of Allotment
to the Employees, who have bid at cut-off or at the Issue Price of Rs. 100/- per Share was
finalized in consultation with BSE. The category was subscribed 0.66 times. All the valid
successful Applicants have been allotted shares on a full and firm basis. The total number
of Shares allotted in this category is 33,250 Shares to 19 successful applicants.. The
Unsubscribed portion of 16,750 shares is added to Non Institutional Investors Category.
D. Allotment to QIBs: Allotment to QIBs has been done on a proportionate basis in consultation with BSE. As per the SEBI guidelines, Mutual Funds were initially allotted 5% of the quantum of shares available (1,86,250) and other QIBs and unsatisfied demands of Mutual Funds were allotted the remaining available shares (27,13,570) on proportionate basis. The Unsubscribed portion of 8,25,180 shares is added to Non Institutional Investors Category.
The Board of Directors of the company at it s Meeting held on September 15,2009 has approved the basis of allotment of shares of the Issue and has allotted the shares to various successful applicants. The Allotment Advice cum ECS/RTGS/NEFT/ Direct Credit Intimation have been dispatched to the address of the investors as registered with the depositories and instructions to Self Certified Syndicate Banks (SCSB) has been completed on 16/09/2009 in respect of ASBA applications. In case the same is not received within ten days, investors may contact at the address given below. The Refund Orders have been over-printed with the Bank Mandate details as registered, if any, with the depositories. The shares allotted to successful applicants are being credited to their beneficiary accounts subject to validation of the account details with the depositories concerned. The company has filed a listing application with Bombay Stock Exchange Limited (BSE) & National Stock Exchange of Limited (NSE) on 16/09/2009. The company is taking steps to get the shares admitted for trading on the NSE and BSE within seven working days from the date of approval of the basis of allotment.
INVESTORS PLEASE NOTE
LINK INTIME INDIA PRIVATE LIMITED
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 GLOBUS SPIRITS LIMITED