|Basis of Allotment|
|This is only an
advertisement for information purposes and not a prospectus announcement.
RDB RASAYANS LIMITED
GOING TOGETHER GROWING TOGETHER
The Company was incorporated as RDB Rasayans Limited on October 13,1995 under the Companies Act, 1956 as a public limited company by the Registrar of Companies, West Bengal. The Certificate of Commencement of Business was granted to the Company on October 27,1995. Company Incorporation Number (CIN) of the Company is U36999WB1995PLC074860.
Regd. Office: No.1, Ramesh Mitra Road, Kolkata - 700 025; Tel:
+91 -33-3256 8223; E-mail: firstname.lastname@example.org;
PROMOTERS: MR. SUNDER LAL DUGAR, MR. VINOD DUGAR AND MS. SHEETAL DUGAR
BASIS OF ALLOTMENT
PUBLIC ISSUE OF 45,00,000 EQUITY SHARES OF Rs. 10 EACH FOR CASH AT A PRICE OF Rs. 79 PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF Rs. 69 PER EQUITY SHARE) AGGREGATING Rs. 3555.00 LACS (HEREINAFTER REFERRED TO AS THE "ISSUE") BY RDB RASAYANS LIMITED ('COMPANY' OR 'ISSUER' OR 'RRL'). THE ISSUE WOULD CONSTITUTE 25.40% OF THE FULLY DILUTED POST ISSUE PAID UP CAPITAL OF THE COMPANY.
BID/ISSUE OPENED ON SEPTEMBER 21,2011 AND CLOSED ON SEPTEMBER 23,2011.
ISSUE PRICE: Rs. 79/- PER EQUITY SHARE FOR ALL CATEGORIES
THE ISSUE PRICE IS 7.9 TIMES OF THE FACE VALUE OF EQUITY SHARES
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, out of which 5% of the QIB Portion shall be available for allocation on a proportionate basis to Mutual Funds only, and the remainder of the QIB Portion shall be available for allocation on a proportionate basis to all Qualified Institutional Buyers, including Mutual Funds, subject to valid Bids being received at or above Issue Price. Further, at least 15% of the Issue shall be available for allocation on a proportionate basis to Non-Institutional Bidders and at least 35% of the Issue shall be available for allocation on a proportionate basis to Retail Individual Bidders, subject to valid Bids being received at or above the Issue Price.
The Issue received 2791 applications for 6522560 equity shares resulting in 1.4495 times subscription. The details of the applications (including ASBA applications) received in the Issue from Qualified Institutional Buyers, Non-Institutional Investors and Retail Individual Investors are as detailed hereunder (before technical rejections):
The Basis of Allocation was finalized in consultation with the Designated Stock Exchange, being Bombay Stock Exchange Limited ("BSE") on September 29,2011.
A. Allocation to Retail Individual Investors (After Technical Rejections)
B. Allocation to Non Institutional Investors (After Technical Rejections)
C. Allocation to QIBs
The Board of Directors of the Company in its Meeting held on September 30,2011, has taken on record the basis of allocation of shares approved by the designated Stock Exchange viz., Bombay Stock Exchange Limited ("BSE"), Mumbai, and has authorized the Corporate Action for the transfer of the shares to various successful applicants.
The Allotment/Refund advice cum NECS/Direct Credit/ NEFT Intimation has been dispatched to the address of the investors as registered with the depositories. 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 Account details as registered, if any, with the depositories. The Equity shares allocated to successful applicants have been credited to their beneficiary accounts subject to validation of the account details with the depositories concerned. The Company has filed the listing application with Bombay Stock Exchange Limited on Monday, October 03,2011. The Equity shares are to be admitted for trading on the Bombay Stock Exchange Limited on Friday, October 7, 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/ASBA form, number of shares bid for, name of the Member of the Syndicate, place where the bid was submitted and payment details atthe 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 RDB RASAYANS LIMITED.
Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectus dated September 26,2011 ("Prospectus").
Disclaimer: The Company is proposing, subject to requisite approvals, market conditions and other considerations, a public issue of its equity shares and has filed the Prospectus with the Registrar of Companies, Kolkata. The Prospectus is available on the website of SEBI at www.sebi.gov.in, the website of the Book Running Lead Manager at www.charteredcapital.net. Investors should note that investment in equity shares involves a high degree of risk and for details relating to the same, see section titled "Risk Factors" on page ix of the Prospectus. This document is not an offer of securities for sale in the United States or elsewhere. The shares of the Company have not been and will not be registered under the U.S. Securities Act of 1933, as amended ("U.S. Securities Act") or any state securities laws in the United States, and may not be offered or sold within the United States orto, or forthe account or benefit of, "U.S. persons" (as defined in Regulation S), except pursuantto an exemption from, or in a transaction not subjectto, the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws.