|Basis of Allotment|
YASH PAPERS LIMITED
[The Company was incorporated as a "Public Limited Company" on May 5, 1981 under the Companies Act, 1956 at Kanpur and obtained certificate for commencement of business on June 12, 1981.]
REGISTERED OFFICE: 47/81, Hatia Bazar, Kanpur, Uttar Pradesh-208 001, Tel No:0512-2355337
PUBLIC ISSUE OF 1,68,00,000 EQUITY SHARES OF Rs.10/- EACH FOR CASH AT A PRICE OF Rs. 14/- PER SHARE AGGREGATING TO Rs. 2352 LACS.
BASIS OF ALLOTMENT
The Board of Directors thanks the investing public for their overwhelming response to the Public Issue which opened for subscription on 30.06.2005 and closed on 08.07.2005. The Company has received 30,654 applications for 4,92,28,000 equity shares from Indian Public resulting in subscription of 3..66 times. The Basis of Allotment was finalised in consultation with The Stock Exchange, Mumbai on 04.08.2005 and 1,34,40,000 equity shares have been allotted by the Committee of directors at its Meeting held on 04.08.2005 as mentioned below:
1. Retail individual investors who have applied for equity shares for a value upto Rs.50,000/-
The company has received 30113 valid applications for total of 4,14,16,000 shares in this category resulting in 3.08 times subscription. The details of category-wise allotment are given below:
2. Bodies Corporate & Individual Investors who have applied for equity shares for a value more than Rs.50,000/-
The company has received a total of 541 valid applications for 78,12,000 shares in this category, resulting in 0.58 times subscription. The details of category-wise allotment are given below:
Refund orders, have already been despatched on 06.08.2005 and the beneficiary account of allottees have been credited with shares on 08.08.2005 in NSDL and on 06.08.2005 inCSDL. Listing Applications have been filed with The Stock Exchange, Mumbai and UPSE, Kanpur vide letters dated 03.08.2005.
All future correspondence in this regard may kindly be addressed to the Registrars to the Issue, whose address is furnished below, quoting full name of the first/sole applicant. Application No., No.of Shares applied and Bank Branch where the Application had been lodged.
Skyline Financial Services Pvt. Ltd., 123, Vinoba Puri, Lajpat Nagar-11, New
Delhi-110024 Tel No.:(011)2983 3777, 2984 7136