|Basis of Allotment|
|This is only an advertisement for
information purpose and not a Prospectus advertisement
TIMBOR HOME LIMITED
Our Company was originally incorporated as Inside Outside India Dot Com Private Limited on May 11,2000 under the Companies Act, 1956 vide Certificate of Incorporation bearing registration number 04-37984 issued by the Registrar of Companies, Dadra & Nagar Haveli, Gujarat. The name of Our Company was changed to IKI Timbor Private Limited vide Fresh Certificate of Incorporation dated February 8,2005. The name of our company was furtherchanged to Timbor Home Private Limited with fresh Certificate of Incorporation with effect from May 22,2007 and subsequently our Company was converted into Public Limited Company vide a Fresh Certificate of Incorporation on June 13, 2009 and consequently the name of our Company was changed to 'Timbor Home Limited'. Corporate Identification Number of our Company is U72200GJ2000PLC037984.
For details of changes in Registered Office, please refer to the chapter titled "History and Corporate Matters" beginning on page 116 of the Prospectus.
Regd Office: A-2, Harikrupa Apartment, Nr. Naranpura Railway Crossing, Naranpura, Ahmedabad-380013. Tel. No. + 91 - 079 - 2456 0537, Fax No. + 91 - 079 - 2755 2596 Website: www.timborhome.com Email: email@example.com, Contact Person: Ms. Akanksha Kailash Bijawat, Company Secretary & Compliance Office
BASIS OF ALLOTMENT
PUBLIC ISSUE OF 36,90,000 EQUITY SHARES OF RS. 10 EACH FOR CASH AT A PRICE OF RS. 63/- PER EQUITY SHARE AGGREGATING RS. 2324.70 LACS ("THE ISSUE"). THE ISSUE WILL CONSTITUTE 25.00% OF THE FULLY DILUTED POST ISSUE CAPITALOF THE COMPANY.
THE FACE VALUE PER EQUITY SHARE IS RS. 10/- EACH FOR CASH AT A PRICE OF RS. 63/- EACH AND THE ISSUE PRICE IS 6.3 TIMES OF THE FACEVALUE.
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 Tuesday, 21st June 2011.
The Issue made through the 100% Book Building Process wherein up to 50% of the Issue to the public was to be allocated on a discretionary basis to Qualified Institutional Buyers ("QIBs"). Further, not less than 15% of the Net Issue to the public shall be available for allocation on a proportionate basis to Non-Institutional Bidders and not less than 35% of the Net Issue to the public shall be available for allocation on a proportionate basis to Retail Bidders, subject to valid bids being received at or above the Issue Price.
The Issue received 7280 applications for 21347300 equity shares resulting in 5.78 times subscription. The details of the applications received in the Issue from Qualified Institutional Buyers, Non-Institutional and Retail Investor categories are as under: (Before Technical Rejections):
The Basis of Allotment was finalized in consultation with Bombay Stock Exchange Limited ("BSE") on 16th June, 2011.
A. Allocation to Retail Investors
B. Allocation to Non Institutional Investors
C. Allocation to QIBs
The Board of Directors of the company at its Meeting held at Registered Office of the Company on 16th June, 2011 has taken on record the basis of allocation of shares approved by the Designated Stock Exchange viz. Bombay Stock Exchange Limited (BSE) and has authorised the Corporate Action for the transfer of shares to various successful applicants.
Refunds have been made through NEFT into the Bank Accounts of the applicants, as registered with the Depositories. For other applicants Demand Draft have 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 Demand Draft has been over-printed with the Bank Mandate details as registered, if any, with the depositories. The 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 is taking steps to get the equity shares admitted for trading on Bombay Stock Exchange Limited and National Stock Exchange of India Limited on Tuesday, 21st June 2011 subject to receipt of necessary approvals.
INVESTORS PLEASE NOTE
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: PURVASHAREGISTRYINDIAPVT.LTD.
9, Shiv Shakti Industrial Estate, JR Boricha Marg, Lower Parel (East)
Mumbai-400011, Maharashtra - India.
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 TIME OR HOME LIMITED Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectus.