| Basis of Allotment |
| (This is only an advertisement
for information purposes and not a Prospectus Announcement)
CANTABIL RETAIL INDIA LIMITED Our Company was originally incorporated as Kapish Sales Private Limited
on Febmary 09,1989 under the Companies Act, 1956 with the Registrar of Companies NCT Delhi
& Haryana. The name of the Company was subsequently changed to Kapish Products Private
Limited pursuant to a fresh Certificate of Incorporation dated May 15,1995. The name of
our Company was subsequently changed to Cantabil Retail India Private Limited pursuant to
a fresh Certificate of Incorporation dated March 05,2009. Subsequently our Company was
converted into public limited company and received fresh Certificate of Incorporation
dated August 26,2009 in the name of Cantabil Retail India Limited. The Corporate
Identification Number of our Company is U74899DL1989PLC034995. For details of changes in
Registered Office of our Company, please see the Section "History and Certain
Corporate Matters" on page 69 of the Prospectus. BASIS OF ALLOTMENT PUBLIC ISSUE OF 7,777,778 EQUITY SHARES OF Rs. 10 EACH OF CANTABIL
RETAIL INDIA LIMITED ("CANTABIL" OR "THE COMPANY" OR "THE
ISSUER") FOR CASH AT A PRICE OF RS. 135 PER EQUITY SHARE ("ISSUE PRICE")
INCLUDING SHARE PREMIUM OF RS. 125 PER EQUITY SHARE AGGREGATING TO RS. 1,050 MILLION (THE
"ISSUE"). THE ISSUE CONSTITUTED 47.64% OF THE FULLY DILUTED POST ISSUE PAID-UP
CAPITAL OF THE COMPANY. The Issue has been made through the 100% Book Building Process wherein atleast 50% of the Issue is to be allocated to QIBs on a proportionate basis. 5% of the QIB Portion was made available for allocation on a proportionate basis to Mutual Funds only. The remaining QIB Portion has been available for allotment on a proportionate basis to Qualified Institutional Buyers including Mutual Funds, subject to valid bids being received from them at or above the Issue Price. Further, not less than 15% of the Issue was available to Non-Institutional Bidders and not less than 35% of the Issue was available to Retail Individual Bidders on a proportionate basis, subject to valid bids being received from them at or above the Issue Price. Under subscription, if any, in Retail and Non-Institutional Category was to be met with spill-over from other categories or a combination of categories. Such inter-se spill over, has been affected in accordance with applicable laws, regulations and guidelines. Any Bidder could participate in this Issue through the ASBA process by providing the details of their respective bank accounts in which the corresponding Bid amounts will be blocked by SCSBs. All Bidders, other than ASBA Bidders were required to submit their Bids through the members of Syndicate or their sub-syndicate members. ASBA Bidders are required to submit their Bids to the SCSBs. The issue received 21,128 applications (after cheque return cases) for 15,432,500 equity shares resulting in 1.984 times subscription. The details of the applications received in the Issue from Qualified Institutional Buyers, Non-Institutional and Retail Individual Bidders categories are as under: (Before technical rejections and with drawls)
1138 applications for 1,416,350 Equity Shares were not found valid due to technical rejections, with drawls and non-bidding. Final Demand: A summary of the final demand as per BSE and NSE as on the Bid/Issue Closing date at different bid prices is as under:
The Basis of Allocation was finalized in consultation with the Designated Stock Exchange, being the Bombay Stock Exchange Limited ("BSE') on October 8,2010 A. Allocation to Retail Individual Investors (AfterTechnical Rejections) including ASBA
Applications
B. Allocation to Non Institutional Investors (After Technical Rejections) Including
ASBA Applications C. Allocation to QIBs Including ASBA Appllcations
The Board of Directors of the company at its Meeting held on October 9,2010 has approved the basis of allocation of shares of the Issue and has allotted the shares to various successful applicants. The CAN-cum-Refund Orders and allotment advice and notices will be dispatched to the address of the bidders as registered with the depositories on or prior to October 11, 2010. Further the Instructions to SCSBs have been dispatched on October 9,2010. 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 Equity Shares allocated to successful bidders are being credited to their beneficiary accounts subject to validation of the account details with the depositories concerned. Commencement of Trading: The Company is taking steps to get the equity shares admitted for trading on Bombay Stock Exchange Limited and the National Stock Exchange of India Limited within twelve working days from the date of closure of the offer. INVESTORS PLEASE NOTE This details of the allocation made would be hosted on the website of Registrars to the Issue, Beetal Financial & Computer Services (P) Limited at www.beetalfinancial.com. All future correspondence In this regard may kindly be addressed to the Registrar to the issue quoting full name of the First/ Sole bidder, 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: Beetal Financial & Computer Services (P) 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 CANTABIL RETAIL INDIA LIMITED. Cantabll Retail India Limited, is proposing, subject to receipt of requisite approvals,
market conditions and other considerations, to make an initial public offer of Its equity
shares and has filed the Prospectus with the Registrar of Companies (ROC), NCT Delhi &
Haryana, India. The Prospectus is available on the website of SEBI at www.sebi.gov.in and at the website of the Book
Running Lead Manager at www.spacapital.com.
Any potential investor should note that investment in equity shares involves a high degree
of risk. For details, potential investors should refer to the section titled "Risk
Factors" in the Prospectus. |
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