|Basis of Allotment|
|This is only an advertisement for
information purposes and not a prospectus announcement.
Goenka Diamond and Jewels Limited
Our company was incorporated on November 5, 1990 as "Goenka Exports Private Limited", a private limited company under the Companies Act, 1956 ("Companies Act").With effect from July 1, 1997, our Company became a "deemed public company" by virtue of section 43(A) of the Companies Act and ceased to be a private company. Subsequently by a shareholders resolution dated January 29, 2002, our Company became a public company and a fresh certificate of incorporation, in the name of "Goenka Exports Limited" was issued by the Registrar of Companies , Rajasthan, situated at Jaipur (the "RoC") on January 30, 2002. The name of our Company was changed to "Goenka Exports Private Limited" following a special resolution in the extraordinary general meeting held on November 29, 2004 and a fresh certificate of Incorporation was issued by the RoC on December 10, 2004. Our Company changed its name to "Goenka Diamond and Jewels Private Limited" pursuant to a special resolution at the extraordinary general meeting held on March 21, 2008. A fresh certificate of incorporation was Issued by the RoC on March 27,2008. By a resolution dated April 15, 2008, our Company was converted into a public limited company and Its name was changed to Its present name "Goenka Diamond and Jewels Limited". A fresh certificate of incorporation was issued by RoC on May 15,2008 consequent to change of name on conversion to public limited company.
Registered Office: 401, Panchratana. Moti Singhbhomiyon Ka Rasta.
Johari Bazar. Jaipur-302003, India. Telephone: + 91 141 2574175; Facsimile:
+91 141 2573305 Corporate Office: Premises No. 1305, 13th Floor,
Panchratna Building, Mama Parmanand Marg, Opera House, Girgaon Division, Street No. 184,
Mumbai - 400 004. India. Telephone: + 91 22 23620222; Facsimile:
+ 91 22 2367 6020; Contact Person and Compliance Officer: Ms. Hemangi
Shailesh Patil; Telephone: + 91 22 23891678; Facsimile: +
91 22 23676020;
BASIS OF ALLOTMENT
PUBLIC ISSUE OF 93,71,000* EQUITY SHARES OF FACE VALUE OF RS.10 EACH ("EQUITY SHARES") OF GOENKA DIAMOND AND JEWELS LIMITED ("GDJL", OR THE "COMPANY", OR THE "ISSUER") FOR CASH AT A PRICE OF RS. 135 PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF RS. 125 PER EQUITY SHARE}, AGGREGATING RS. 12,650.85 LAKHS (THE "ISSUE"). THE ISSUE SHALL CONSTITUTE 29.56% OF THE FULLY DILUTED POST ISSUE PAID UP CAPITAL OF OUR COMPANY.
*As per the Red Herring Prospectus, up to 1,00,00,000 Equity Shares were made available for allocation. However, based on the subscription received, the number of Equity Shares offered in this issue is 93,71,000.
ISSUE PRICE: RS 135 PER EQUITY SHARE
The Issue is being made through the 100% Book Building Process, wherein up to 50% of
the Issue shall be allocated on a proportionate basis to Qualified Institutional Buyers
("QIB") Bidders, out of which 5% shall be available for allocation on a
proportionate basis to Mutual Funds only. The remainder shall be available for allocation
on a proportionate basis to all QIB Bidders 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 shall be available for allocation on a proportionate basis to Non-institutional
Bidders and not less than 35% of the Issue shall be available for allocation on a
proportionate basis to Retail Individual Bidders, subject to valid Bids being received
from them at or above the Issue Price,
The Basis of Allocation was finalized in consultation with the Designated Stock Exchange, BSE on April 08, 2010.
A. Allocation to Retail Individual Investors (Including Applications Supported by
Blocked Amount ("ASBA"))
B. Allocation to Non Institutional Investors (After Technical Rejections)
C. Allocation to QIBs
The IPO Committee of the Board of Directors of the Company at its Meeting held at Hyderabad on April 08, 2010 has approved the basis of allocation of Equity Shares of the Issue and has accordingly allotted the Equity Shares to the Bidders. The CAN-cum-Refund Orders and allotment advice and/ or notices have been dispatched to the address of the Bidders as registered with the depositories on or prior to April 09,2010. Further, the Instructions to Self Certified Syndicate Banks have been dispatched on or prior to April 09, 2010. In case the same is not received within 10 days, 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 Equity Shares allocated to successful applicants have been credited on or prior to April 09, 2010 to their beneficiary accounts subject to validation of the account details with the depositories concerned.
The Company is taking steps to get the Equity Shares admitted for trading on the BSE and NSE within seven working days from the date of approval of the Basis of Allocation.
INVESTORS PLEASE NOTE
This details of the allocation made would be hosted on the website of Registrar to the
Issue, Karvy Computerahare
All future correspondence in this regard may kindly be addressed to the Registrar to the Issue quoting full name of the First/ Sole applicant, serial number of the Bid-cum-Application Form, number of Equity Shares bid for, name of the Member of the Syndicate, place where the bid was submitted and payment details at the address given below:
Karvy Computershare Private Limited
TOLL FREE - HELPLINE NUMBER
THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE EQUITY SHARES ON LISTING OR THE BUSINESS PROSPECTS OF GOENKA DIAMOND AND JEWELS LIMITED.
Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectus.
Goenka Diamond and Jewels Limited is proposing, subject to market conditions and other considerations, a public issue of its equity shares and has filed the Prospectus with the Registrar of Companies, Rajasthan, Jaipur. The Prospectus is available on the website of Securities and Exchange Board of India (SEBI) at www.sebi.gov.in and the website of the Book Running Lead Manager at www.sbicaps.com. Investors should note that investment in equity shares involves a high degree of risk and for details relating to the same, see the section titled "Risk Factors' on page x of the Prospectus.