| Basis of Allotment |
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is only an advertisement for information purposes and not a prospectus announcement
AANJANEYA LIFECARE LIMITED Our Company was originally incorporated as "Anjaneya Biotech Private Limited" on January 03,2006 underttie Companies Act, 1956 vide Certificate of Incorporation bearing CIN U24230MH2006PTC158589 issued by the Registrar of Companies, Maharashtra, Mumbai. The name of our Company was changed to "Aanjaneya Biotech Private Limited" vide fresh Certificate of Incorporation dated March 08,2007. Our Company was converted into a public limited company vide fresh Certificate of Incorporation dated April 12, 2010 and subsequently the name of our Company was changed to "Aanjaneya Biotech Limited". The name of our Company was then changed to 'Aanjaneya Lifecare Limited' vide fresh Certificate of Incorporation dated June 19,2010. Our Company has been allocated CIN U24230MH2006PLC158589. For further details of incorporation, changes of name and changes in Registered Office of our Company, please refer chapter titled "History and Other Corporate Matters" beginning on page 147 of the Prospectus.
THE PROMOTERS OF OUR COMPANY BASIS OF ALLOTMENT PUBLIC ISSUE OF 50,00,000 EQUITY SHARES OF RS. 10 EACH FOR CASH AT A PRICE OF RS. 234/- PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF RS.224/- PER EQUITY SHARE) AGGREGATING RS. 11,700 LACS ("THE ISSUE") BY AANJANEYA LIFECARE LIMITED ("OUR COMPANY", OR "THE ISSUER"). THE ISSUE WILL CONSTITUTE 39.76 % OF THE FULLY DILUTED POST ISSUE PAID-UP CAPITAL OF OUR COMPANY. THE FACE VALUE OF THE EQUITY SHARES IS RS. 10 EACH. THE ISSUE PRICE IS RS. 234/- AND IS 23.4 TIMES THE FACE VALUE OF THE EQUITY SHARES. The Equity Shares of the Company are proposed to be listed on the Bombay Stock Exchange Limited ("BSE") and the National Stock Exchange of India Limited ("NSE") and the trading is expected to commence on May 27,2011. In case of revision in the Price Band, the Bidding/Issue Period shall be extended for atleast three additional working days after such revision, subject to the Bidding/Issue Period not exceeding ten working days. Any revision in the Price Band, and the revised Bidding/Issue Period, if applicable, shall be widely disseminated by notification to the Bombay Stock Exchange Limited (BSE) and The National Stock Exchange of India Limited (NSE), whose online IPO system will be available for bidding, by issuing a press release and by indicating the change on the websites of the Book Running Lead Managers (BRLMs) and the terminals of the member(s) of the Syndicate. The Issue is being made through a 100% Book Building Process wherein not more than 50% of the Issue shall be available for allocation to Qualified Institutional Buyers on a proportionate basis. 5% of the QIB Portion (excluding the Anchor Investors Portion) shall be available for allocation on a proportionate basis to Mutual Funds only. The remainder shall be available for Allotment on a proportionate basis to QIBs and Mutual Funds, subject to valid bids being received from them at or above the Issue Price. Upto 30% of the QIB Portion shall be available for allocation to Anchor Investors and one-third of the Anchor Investor Portion shall be available for allocation to domestic Mutual Funds. Further, not less than 15% of the Issue would be available for allocation to Non-Institutional Bidders and not less than 35% of the Issue would be available for allocation to Retail Individual Bidders on a proportionate basis, subject to valid bids being received from them at or above the Issue Price. The Company has not considered the option of allocation to / participation by Anchor Investors. The Issue received 4,456 applications for 5,056,525 equity shares resulting in 1.0113 times subscription. The details of the applications received in the Issue from Qualified Institutional Buyers, Non-Institutional and Retail Individual Investor are as under: (Before technical rejections)
Final Demand
The Basis of Allocation was finalized in consultation with the Bombay Stock Exchange Limited ("BSE") on May 19,2011. A. Allocation to Retail Individual Investors (After Technical Rejections) The Basis of Allocation to the Retail Individual Investors, who have bid at cut-off or at the Issue Price of Rs.234 per Equity Share, was finalized in consultation with BSE. This category has been under subscribed to the extent of 0.8486 times. The total number of shares allotted in Retail Individual Investor category is 2,763,050 Equity Shares to 4,362 successful applicants. The under subscribed portion of 493,140 equity shares have been spilled over to Non-Institutional Bidders. As per the Red Herring Prospectus, the spills over portion from QIB Category (1,506,190 equity shares) were allotted on proportionate basis. The category-wise details of the Basis of Allotment are (sample) as under:
B. Allocation to Non Institutional Investors (After Technical Rejections) The Basis of Allocation to the Non-Institutional Investors, who have bid at the Issue Price of Rs. 234 per Equity Share, was finalized in consultation with BSE. This category has been over subscribed to the extent of 1.0178 times. The total number of equity shares allotted in this category is 1,888,650 equity shares to 14 successful applicants. As per the Red Herring Prospectus, the spill over portion from Retail Category (493,140 equity shares) and QIB Category (645,510 equity shares) were allotted on proportionate basis. The category-wise details of the Basis of Allotment are as under:
C. Allocation to QIBs Allocation to QIBs has been done on a proportionate basis in consultation with BSE. As per the SEBI regulations, Mutual Funds and other QIBs were allocated the available shares (348,300 Equity Shares) on proportionate basis. The under subscribed portion of 2,151,700 equity shares have been spilled over to Non-Institutional and Retail Category.
The IPO Committee of the company at it's Meeting held on May 20,2011, has taken on record the basis of allocation of shares approved by the Designated Stock Exchange viz., Bombay Stock Exchange Limited ("BSE"), Mumbai, of the Issue and has authorized the Corporate Action for the transfer of the shares to various successful applicants. The CAN-cum-Refund Orders and allotment advice and/ or notices have been dispatched to the address of the investors as registered with the depositories. In case the same is not received, investors may contact at the address given below. The Refund Orders have been over-printed with the Bank Account details as registered, if any, with the depositories. The shares allocated to successful applicants have been credited to their beneficiary accounts on May 21,2011, subject to validation of the account details with the depositories concerned. The Company has filed its Listing application with the Bombay Stock Exchange Limited (the "Designated Stock Exchange") on May 24,2011. The Equity shares are to be admitted for trading on the Bombay Stock Exchange Limited and National Stock Exchange of India Limited on May 27,2011 subject to receipt of necessary approvals. INVESTORS PLEASE NOTE This details of the allocation made would be hosted on the website of Registrars to the Issue, Link Intime India Private Limited at Website: www.linkintime.co.in All future correspondence in this regard may kindly be addressed to the Registrars to the Issue quoting full name of the First/ Sole applicant, Serial number of the Bid cum Application Form, number of shares bid for, name of the Member of the Syndicate and Place where the bid was submitted and payment details at the address given below: 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 AANJANEYA
LIFECARE LIMITED. |
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