VIVIMED LABS LIMITED
(Originally Incorporated as M/s Emgi Pharmaceuticals & Chemicals Private Limited on
22-09-1988 with Registrar of Companies of Karnataka, Bangalore and subsequently converted
into a Public Limited Company on April, 1994. The name of the Company has been changed to
Vivimed Labs Limited on 22-04-1997).
Registered Office: Plot No. 78-A, Kolhar Industrial
Area, Bidar - 585 403 (Karnataka).
Tel & Fax: +91-08482-232045
Corporate Office : 2nd Floor, Veerang Towers,
Habsiguda, Hyderabad - 500 007.
Tel: +91-040-2717 6005/6/7; Fax: +91-040-2717 2242;
Contact Person: Mr.S.Venkata Rao; e-mail: info@vivimedlabs.com;
Website: www.vivimedlabs.com
PUBLIC ISSUE OF 25,00,000 EQUITY SHARES OF RS.10/- EACH ISSUED
FOR CASH AT A PREMIUM OF RS.60/- PER SHARE AGGREGATING RS.1,750 LACS.
The Issue Price of Rs.70 per share is 7 times of the face value
BASIS OF ALLOTMENT
The Board of Directors of Vivimed Labs Limited ('the Company') thanks all
the investors and the intermediaries for the success of the Public Issue. The details of
subscription are as under:
| Category |
Offer |
No of valid Applications Recd. |
No of shares applied for under valid applications |
No. of times subscribed |
No. of shares allotted |
No of allottees |
| Reserved category: NRIs/Flls |
6,00,000 |
253 |
70,62,800 |
11.77 |
6,00,203 |
157 |
| Employees |
50,000 |
51 |
50,000 |
1 |
50,000 |
51 |
| Public Retail |
18,50,000 |
61,403 |
275,88,400 |
29.8253 |
9,25,500 |
9255 |
| Non retail |
|
2,071 |
410,46,900 |
44.375 |
9,25,726 |
840 |
| Total |
|
63,474 |
686,35,300 |
|
18,51.226 |
10095 |
| Grand Total |
25,00,000 |
63,778 |
757,48,100 |
|
57,00,352 |
10303 |
•Total of 1461 applications have been rejected on technical grounds
As per the Basis of Allotment approved by The National Stock Exchange of India Limited,
the Board of Directors have allotted the shares at its meeting held on August 5, 2005.
Allotments have been made on a proportionate basis within the specified categories,
rounded off to the nearest integer subject to a minimum of 100 shares per allottee. The
details of category wise allotment are as under:
I. Retail category (individual investors applying up to 700 shares) - The
Company received 61,403 valid applications for a total of 275,88,400 shares resulting in
29.8253 times the subscription in this category and 36.42 % of the total subscription
received. The details of category wise allotment are as under:
| Sr. No. |
Category |
Ratio |
No shares per allottee |
Sr. No. |
Category |
Ratio |
No shares per allottee |
| 1 |
100 |
3:89 |
100 |
5 |
500 |
1:6 |
100 |
| 2 |
200 |
6:89 |
100 |
6 |
600 |
18:89 |
100 |
| 3 |
300 |
10:99 |
100 |
7 |
700 |
23:98 |
100 |
| 4 |
400 |
9:67 |
100 |
|
|
|
|
2. Non- Retail category (investors including individuals applying for more than 700
shares) - The Company received 2,071 valid applications for a total of 410,46,900
shares resulting in 44.3750 times the subscription in this category. All applications
(including applications for less than 700 shares) from Corporate Bodies have been included
in this category. All valid applicants have been allotted on a proportionate basis. The
details of category wise allotment are as under:
| Sr. No. |
Category |
Ratio |
No shares per allottee |
Sr. No. |
Category |
Ratio |
No shares per allottee |
| 1 |
100 |
1:1 |
100 |
20 |
2,300 |
1:1 |
100 |
| 2 |
200 |
1:2 |
100 |
21 |
2,400 |
1:2 |
100 |
| 3 |
500 |
1:2 |
100 |
22 |
2,500 |
3:5 |
100 |
| 4 |
700 |
1:6 |
100 |
23 |
2,600 |
1:1 |
100 |
| 5 |
800 |
2:11 |
100 |
24 |
2,700 |
2:3 |
100 |
| 6 |
900 |
1:5 |
100 |
25 |
2,800 |
7:11 |
100 |
| 7 |
1,000 |
3:13 |
100 |
26 |
2,900 |
4:6 |
100 |
| 8 |
1,100 |
1:4 |
100 |
27 |
3,000 |
2:3 |
100 |
| 9 |
1,200 |
5:18 |
100 |
28 |
3,100 |
3:5 |
100 |
| 10 |
1,300 |
3:10 |
100 |
29 |
3,300 |
1:1 |
100 |
| 11 |
1,400 |
6:19 |
100 |
30 |
3,400 |
1:1 |
100 |
| 12 |
1,500 |
1:3 |
100 |
31 |
3,500 |
1:1 |
100 |
| 13 |
1,600 |
1:3 |
100 |
32 |
3,600 |
8:10 |
100 |
| 14 |
1,700 |
1:2 |
100 |
33 |
3,700 |
1:1 |
100 |
| 15 |
1,800 |
2:5 |
100 |
34 |
4,000 |
9:10 |
100 |
| 16 |
1,900 |
1:1 |
100 |
35 |
4,100 |
1:1 |
100 |
| 17 |
2,000 |
4:9 |
100 |
36 |
4,200 |
1:1 |
100 |
| 18 |
2,100 |
1:2 |
100 |
37 |
4,300 |
1:1 |
100 |
| 19 |
2,200 |
1:2 |
100 |
38 |
4,500 onwards |
FIRM |
Proportionate |
Applications under Reserved Category - Total of 204 (all valid)
applications were received from this category for 71,12,800 shares. All the applications
under Employee Reservations category have been given full allotment and all the applicants
under NRIs / Flls category have been allotted on proportionate basis.
Dates of despatch of Refund Orders, Credit to beneficiary account and listing
| Activity |
Date of Completion |
| Despatch of Refund Orders |
August 9, 2005 |
| Electronic credit to the beneficiary account of allottees |
August 9, 2005 |
| Listing applications to BSE and NSE |
August 9, 2005 |
All future correspondence in this respect should be addressed to the Registrar to the
Issue quoting Full Name of the first applicant, Serial No. of the Application Form, No. of
Shares applied for and the Name of the Bank Branch where the application was lodged at the
following address:
Aarthi Consultants Pvt. Limited
1-2-285, Domalguda, Hyderabad - 500 029
Tel: 91-40 -2764 2217/ 2763 4445, Fax: 91-40-2763 2184
Email: vivimed@aarthiconsultants.com
or aarcons@hd2.dot.net.in |