(THIS IS ONLY AN ADVERTISEMENT FOR
INFORMATION PURPOSES AND NOT A PROSPECTUS ANNOUNCEMENT. NOT FOR DISTRIBUTION OUTSIDE
INDIA.)
TASTY DAIRY SPECIALITIES LIMITED
Our Company was originally incorporated as Tasty Dairy Specialities Private Limited on
July 30, 1992 with the Registrar of Companies, Kanpur as a Private Limited company under
the provisions of the Companies Act, 1956. Subsequently our Company was converted into
Public Limited Company and the name of our Company was changed to Tasty Dairy Specialities
Limited. A fresh certificate of incorporation consequent upon conversion to public limited
Company was issued by the Registrar of Companies, Kanpur on November 25, 2004. For further
details of our Company, please refer "General Information" and "History and
Certain Other Corporate Matter" beginning on page no 39 and 104 respectively of the
Prospectus.
Registered Office: D-3, UPSIDC Industrial Area, Jainpur, Kanpur
Dehat-209 311, Uttar Pradesh | Administrative Office: G-6, 12/483,
Ratandham McRobert Ganj, Kanpur-208 001, Uttar Prdesh
Tel. No.: + 91 512 7107777 | Telefak No.: +91 512
1551643 | Email: info@tastydairy.com
| Website: www.tastydairy.com | Contact Person:
Ms. Nishi, Company Secretary and Compliance Officer | Corporate
Identification Number: U15202UP1992PLC014593
BASIS OF ALLOTMENT
PUBLIC ISSUE OF 54,30,000 EQUITY SHARES OF FACE VALUE OF RS. 10 EACH FULLY
PAID UP OF "TDSL" OR "THE COMPANY" OR
"THE ISSUER" FOR CASH AT A PRICE OF RS. 45 PER EQUITY SHARE (THE "ISSUE
PRICE") (INCLUDING SHARE PREMIUM OF RS. 35 PER EQUITY SHARE)
AGGREGATING RS. 2443.50 LAKHS (THE "ISSUE") BY OUR COMPANY OF WHICH 2,76,000
EQUITY SHARES OF FACE VALUE OF RS. 10 EACH FULLY PAID UP WILL BE RESERVED FOR SUBSCRIPTION
BY MARKET MAKER TO THE ISSUE ("MARKET MAKER RESERVATION PORTION"). THE ISSUE
LESS THE MARKET MAKER RESERVATION PORTION I.E. ISSUE OF 51,54,000 EQUITY SHARES OF FACE
VALUE OF RS. 10 EACH FULLY PAID UP IS HEREINAFTER REFERRED TO AS
THE "NET ISSUE". THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 26.58% AND 25.23%
RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF THE COMPANY.
THE FACE VALUE OF THE EQUITY SHARES IS RS. 10 EACH.
THE ISSUE PRICE IS RS. 45. THF ISSUE PRICE IS 4.5 TIMES
THE FACE VALUE.
ISSUE OPENED ON WEDNESDAY, FEBRUARY 07, 2018 AND CLOSED ON
MONDAY, FEBRUARY 12, 2018.
The Equity Shares offered through the Prospectus are proposed to be listed on the SME
Platform of BSE Ltd. ("BSE"). In terms of the Chapter XB of the SEBI (ICDR)
Regulations, 2009, as amended from time to time. The Company has received in-principle
approval letter dated January 17, 2018 from BSE for using its name in the offer document
for listing of its shares on SME Platform of BSE.
For the purpose of this Issue, the Designated Stock Exchange will be BSE Limited. The
trading is proposed to commence on or before Wednesday, February 21, 2018, subject to
receipt of listing and trading approvals from BSE Limited.
All Applicants participated in the Issue through Applications Supported by
Blocked Amount ("ASBA") process by providing the details of their respective
bank accounts in which the corresponding application amounts were blocked by Self-Certified
Syndicate Banks (the "SCSBs").
SUBSCRIPTION DETAILS
The Issue has received 34,524 applications for 50,07,39,000 Equity Shares
resulting in 92.22 times. Subscription (including reserved portion of Market Maker). The
details of the applications received in the Issue (before technical rejections) are as
follows:
Details of the Applications Received (Before Technical Rejection):
| Category |
No. of Applications |
% |
No. of Equity Shares |
% |
Subscription (Times) |
| Market Maker |
1 |
0.00 |
276000 |
0.05 |
1 |
| Retail Individual Investors |
34207 |
99.08 |
102621000 |
20.49 |
39.82 |
| Other than Retail Individual Investors |
316 |
0.91 |
397842000 |
79.45 |
154.38 |
| TOTAL |
34524 |
100.00 |
500739000 |
100.00 |
92.22 |
The details of applications rejected by the Registrar on technical grounds are
detailed below: (Technical rejection)
| Category |
No. of Applications |
No. of Equity Shares |
| Market Maker |
- |
- |
| Retail Individual investors |
461 |
1383000 |
| Other than Retail individual Investors |
3 |
240000 |
| TOTAL |
464 |
1623000 |
After eliminating technically rejected applications, the following table give us
Category wise net valid applications:
| Category |
No. of Applications |
% |
Issue Size
(as per Prospectus) |
Proportionate Issue Size
(After rounding off) |
No. of Valid
Shares applied |
Subscription
(Times) |
| Market Maker |
1 |
0.00 |
276000 |
276000 |
276000 |
1 |
| Retail Individual Investors |
33746 |
99.08 |
2577000 |
2577000 |
101238000 |
39.29 |
| Other than Retail Individual investors |
313 |
0.92 |
2577000 |
2577000 |
397602000 |
154.29 |
| TOTAL |
34060 |
100.00 |
5430000 |
5430000 |
499116000 |
91.92 |
Allocation: The Basis of Allotment was finalized in consultation with the
Designated Stock Exchange - BSE Limited on February 16, 2018.
A. Allocation to Market Maker (After Technical Rejections): The Basis of
Allotment to the Market Maker, at the issue price of Rs. 45 per Equity Share, was
finalized in consultation with BSE. The category was subscribed by 1 time. The total
number of shares allotted in this category is 2,76,000 Equity Shares.
B. Allocation to Retail Individual Investors (After Technical Rejections): The
Basis of Allotment to the Retails Individual Investors, at the issue price of Rs. 45
per Equity Share, was finalized in consultation with BSE. The category was subscribed by
39.29 times. The total number of shares allotted in this category is 25,77,000 Equity
Shares to 859 successful applicants.
The Category-wise details of the Basis of Allotment are as under:
No. of Shares
Applied for
(Category
wise) |
No. of
Applications
received |
% to
Total |
Total No.
of shares
applied
in each
category |
% to
Total |
Proportionate
Shares
Available |
Allocation per
Applicant (Before
Rounding Off) |
Allocation per
Applicant (After
Rounding Off) |
Ratio of
Allottees to
the Applicants |
Number of
successful
applicant
(after
rounding off) |
Total no.
of Shares
Allocated/
attotted |
No. of
Shares
Surplus/
Deficit |
| 3000 |
33746 |
100.00 |
101238000 |
100.00 |
2577000 |
76.36 |
3000 |
859:33746 |
859 |
2577000 |
0 |
| TOTAL |
33746 |
100.00 |
101238000 |
100.00 |
2577000 |
76.36 |
3000 |
859:33746 |
859 |
2577000 |
0 |
C. Allocation to Other than Retail Individual Investors (After Technical Rejections):The
Basis of Allotment to Other than Retail Individual Investors, at the issue price of Rs. 45
per Equity Share, was finalized in consultation with BSE. The category was subscribed by
154.29 times. The total number of shares allotted in this category is 25,77,000 Equity
Shares to 122 successful applicants.
The Category-wise details of the Basis of Allotment are as under:
No. of Shares
Applied for
(Category
wise) |
No. of
Applications
received |
% to
Total |
Total No.
of shares
applied
in each
category |
% to
Total |
Proportionate
Shares
Available |
Allocation per
Applicant (Before
Rounding Off) |
Allocation per
Applicant (After
Rounding Off) |
Ratio of
Allottees to
the Applicants |
Number of
successful
applicant
(after
rounding off) |
Total no.
of Shares
Allocated/
attotted |
No. of
Shares
Surplus/
Deficit |
| 6000 |
63 |
20.13 |
378000 |
0.10 |
2450 |
38.89 |
3000 |
1.63 |
1 |
3000 |
550 |
| 9000 |
27 |
8.63 |
243000 |
0.06 |
1575 |
58.33 |
3000 |
1:27 |
1 |
3000 |
1425 |
| 12000 |
19 |
6.07 |
228000 |
0.06 |
1478 |
77.78 |
3000 |
1:19 |
1 |
3000 |
1522 |
| 15000 |
8 |
2.56 |
120000 |
0.03 |
778 |
97.22 |
3000 |
0:0 |
0 |
0 |
-778 |
| 18000 |
8 |
2.56 |
144000 |
0.04 |
933 |
116.66 |
3000 |
0:0 |
0 |
0 |
-933 |
| 21000 |
5 |
1.60 |
105000 |
0.03 |
681 |
136.11 |
3000 |
0:0 |
0 |
0 |
-681 |
| 24000 |
3 |
0.96 |
72000 |
0.02 |
467 |
155.55 |
3000 |
0:0 |
0 |
0 |
-467 |
| 27000 |
7 |
2.24 |
189000 |
0.05 |
1225 |
175.00 |
3000 |
0:0 |
0 |
0 |
-1225 |
| 30000 |
13 |
4.15 |
390000 |
0.10 |
2528 |
194.44 |
3000 |
1:13 |
1 |
3000 |
472 |
| 33000 |
1 |
0.32 |
33000 |
0.01 |
214 |
213.88 |
3000 |
0:0 |
0 |
0 |
-214 |
| 36000 |
2 |
0.64 |
72000 |
0.02 |
467 |
233.33 |
3000 |
0:0 |
0 |
0 |
-467 |
| 39000 |
1 |
0.32 |
39000 |
0.01 |
253 |
252.77 |
3000 |
0:0 |
0 |
0 |
-253 |
| 42000 |
2 |
0.64 |
84000 |
0.02 |
544 |
272.22 |
3000 |
0:0 |
0 |
0 |
-544 |
| 45000 |
5 |
1.60 |
225000 |
0.06 |
1458 |
291.66 |
3000 |
1:5 |
1 |
3000 |
1542 |
| 48000 |
2 |
0.64 |
96000 |
0.02 |
622 |
311.11 |
3000 |
0:0 |
0 |
0 |
-622 |
| 54000 |
3 |
0.96 |
162000 |
0.04 |
1050 |
349.99 |
3000 |
0:0 |
0 |
0 |
-1050 |
| 57000 |
2 |
0.64 |
114000 |
0.03 |
739 |
369.44 |
3000 |
0:0 |
0 |
0 |
-739 |
| 60000 |
3 |
0.96 |
180000 |
0.05 |
1167 |
388.88 |
3000 |
0:0 |
0 |
0 |
-1167 |
| 66000 |
2 |
0.64 |
132000 |
0.03 |
856 |
427.77 |
,3000 |
0:0 |
0 |
0 |
-856 |
| 87000 |
1 |
0.32 |
87000 |
0.02 |
564 |
563.88 |
3000 |
0:0 |
0 |
0 |
-564 |
| 90000 |
1 |
0.32 |
90000 |
0.02 |
583 |
583.32 |
3000 |
0:0 |
0 |
0 |
-583 |
| 93000 |
1 |
0.32 |
93000 |
0.02 |
603 |
602.77 |
3000 |
0:0 |
0 |
0 |
-603 |
| 99000 |
1 |
0.32 |
99000 |
0.02 |
642 |
641.65 |
3000 |
0:0 |
0 |
0 |
-642 |
| 102000 |
2 |
0.64 |
204000 |
0.05 |
1322 |
661.10 |
3000 |
1:2 |
1 |
3000 |
1678 |
| 105000 |
2 |
0.64 |
210000 |
0.05 |
1361 |
680.54 |
3000 |
1:2 |
1 |
3000 |
1639 |
| 108000 |
1 |
0.32 |
108000 |
0.03 |
700 |
699.99 |
3000 |
0:0 |
0 |
0 |
-700 |
| 111000 |
2 |
0.64 |
222000 |
0.06 |
1439 |
719.43 |
3000 |
1:2 |
1 |
3000 |
1561 |
| 114000 |
1 |
0.32 |
114000 |
0.03 |
739 |
738.87 |
3000 |
0:0 |
0 |
0 |
-739 |
| 117000 |
1 |
0.32 |
117000 |
0.03 |
758 |
758.32 |
3000 |
0:0 |
0 |
0 |
-758 |
| 123000 |
1 |
0.32 |
123000 |
0.03 |
797 |
797.21 |
3000 |
0:0 |
0 |
0 |
-797 |
| 126000 |
1 |
0.32 |
126000 |
0.03 |
817 |
816.65 |
3000 |
0:0 |
0 |
0 |
-817 |
| 132000 |
2 |
0.64 |
264000 |
0.07 |
1711 |
855.54 |
3000 |
1:2 |
1 |
3000 |
1289 |
| 135000 |
1 |
0.32 |
135000 |
0.03 |
875 |
874.98 |
3000 |
0:0 |
0 |
0 |
-875 |
| 147000 |
1 |
0.32 |
147000 |
0.04 |
953 |
952.76 |
3000 |
0:0 |
0 |
0 |
-953 |
| 150000 |
1 |
0.32 |
150000 |
0.04 |
972 |
972.20 |
3000 |
0:0 |
0 |
0 |
-972 |
| 153000 |
1 |
0.32 |
153000 |
0.04 |
992 |
991.65 |
3000 |
0:0 |
0 |
0 |
-992 |
| 162000 |
1 |
0.32 |
162000 |
0.04 |
1050 |
1049.98 |
3000 |
0:0 |
0 |
0 |
-1050 |
| 192000 |
1 |
0.32 |
192000 |
0.05 |
1244 |
1244.42 |
3000 |
0:0 |
0 |
0 |
-1244 |
| 195000 |
1 |
0.32 |
195000 |
0.05 |
1264 |
1263.86 |
3000 |
1:1 |
1 |
3000 |
1736 |
| 222000 |
1 |
0.32 |
222000 |
0.06 |
1439 |
1438.86 |
3000 |
1:1 |
1 |
3000 |
1561 |
| 273000 |
1 |
0.32 |
273000 |
0.07 |
1769 |
1769.41 |
3000 |
1:1 |
1 |
3000 |
1231 |
| 297000 |
1 |
0.32 |
297000 |
0.07 |
1925 |
1924.96 |
3000 |
1:1 |
1 |
3000 |
1075 |
| 300000 |
2 |
0.64 |
600000 |
0.15 |
3889 |
1944.41 |
3000 |
1:2 |
1 |
3000 |
-889 |
| 360000 |
1 |
0.32 |
360000 |
0.09 |
2333 |
2333.29 |
3000 |
1:1 |
1 |
3000 |
667 |
| 363000 |
2 |
0.64 |
726000 |
0.18 |
4705 |
2352.73 |
3000 |
1:1 |
2 |
6000 |
1295 |
| 366000 |
1 |
0.32 |
366000 |
0.09 |
2372 |
2372.18 |
3000 |
1:1 |
1 |
3000 |
628 |
| 369000 |
2 |
0.64 |
738000 |
0.19 |
4783 |
2391.62 |
3000 |
1:1 |
2 |
6000 |
1217 |
| 372000 |
1 |
0.32 |
372000 |
0.09 |
2411 |
2411.06 |
3000 |
1:1 |
1 |
3000 |
589 |
| 375000 |
2 |
0.64 |
750000 |
0.19 |
4861 |
2430.51 |
3000 |
1:1 |
2 |
6000 |
1139 |
| 378000 |
1 |
0.32 |
378000 |
0.10 |
2450 |
2449.95 |
3000 |
1:1 |
1 |
3000 |
550 |
| 444000 |
4 |
1.28 |
1776000 |
0.45 |
11511 |
2877.72 |
3000 |
1:1 |
4 |
12000 |
489 |
| 447000 |
1 |
0.32 |
447000 |
0.11 |
2897 |
2897.17 |
3000 |
1:1 |
1 |
3000 |
103 |
| 501000 |
1 |
0.32 |
501000 |
0.13 |
3247 |
3247.16 |
3000 |
1:1 |
1 |
3000 |
-247 |
| 600000 |
1 |
0.32 |
600000 |
0.15 |
3889 |
3888.81 |
3000 |
1:1 |
1 |
3000 |
-889 |
| 657000 |
1 |
0.32 |
657000 |
0.17 |
4258 |
4258.25 |
3000 |
1:1 |
1 |
3000 |
-1258 |
| 666000 |
1 |
0.32 |
666000 |
0.17 |
4317 |
4316.58 |
3000 |
1:1 |
1 |
3000 |
-1317 |
| 675000 |
1 |
0.32 |
675000 |
0.17 |
4375 |
4374.92 |
3000 |
1:1 |
1 |
3000 |
-1375 |
| 702000 |
1 |
0.32 |
702000 |
0.18 |
4550 |
4549.91 |
6000 |
1:1 |
1 |
6000 |
1450 |
| 849000 |
1 |
0.32 |
849000 |
0.21 |
5503 |
5502.67 |
6000 |
1:1 |
1 |
6000 |
497 |
| 864000 |
1 |
0.32 |
864000 |
0.22 |
5600 |
5599.89 |
6000 |
1:1 |
1 |
6000 |
400 |
| 900000 |
1 |
0.32 |
900000 |
0.23 |
5833 |
5833.22 |
6000 |
1:1 |
1 |
6000 |
167 |
| 1110000 |
2 |
0.64 |
2220000 |
0.56 |
14389 |
7194.30 |
6000 |
1:1 |
2 |
12000 |
-2389 |
| 1110000 |
|
|
|
|
|
|
3000 |
1:2 |
|
3000 |
3000 |
| 1152000 |
1 |
0.32 |
1152000 |
0.29 |
7467 |
7466.52 |
6000 |
1:1 |
1 |
6000 |
-1467 |
| 1323000 |
1 |
0.32 |
1323000 |
0.33 |
8575 |
8574.83 |
9000 |
1:1 |
1 |
9000 |
425 |
| 1350000 |
1 |
0.32 |
1350000 |
0.34 |
8750 |
8749.83 |
9000 |
1:1 |
1 |
9000 |
250 |
| 1377000 |
1 |
0.32 |
1377000 |
0.35 |
8925 |
8924.83 |
9000 |
1:1 |
1 |
9000 |
75 |
| 1443000 |
1 |
0.32 |
1443000 |
0.36 |
9353 |
9352.60 |
9000 |
1:1 |
1 |
9000 |
-353 |
| 1476000 |
1 |
0.32 |
1476000 |
0.37 |
9566 |
9566.48 |
9000 |
1:1 |
1 |
9000 |
-566 |
| 1554000 |
2 |
0.64 |
3108000 |
0.78 |
20144 |
10072.03 |
9000 |
1:1 |
2 |
18000 |
-2144 |
| 1554000 |
|
|
|
|
|
|
3000 |
1:2 |
|
3000 |
3000 |
| 1665000 |
1 |
0.32 |
1665000 |
0.42 |
10791 |
10791.46 |
12000 |
1:1 |
1 |
12000 |
1209 |
| 1776000 |
1 |
0.32 |
1776000 |
0.45 |
11511 |
11510.89 |
12000 |
1:1 |
1 |
12000 |
489 |
| 2442000 |
1 |
0.32 |
2442000 |
0.61 |
15827 |
15827.47 |
15000 |
1:1 |
1 |
15000 |
-827 |
| 3531000 |
1 |
0.32 |
3531000 |
0.89 |
22886 |
22885.67 |
24000 |
1:1 |
1 |
24000 |
1114 |
| 4443000 |
5 |
1.60 |
22215000 |
5.59 |
143983 |
28796.66 |
27000 |
1:1 |
5 |
135000 |
-8983 |
| 4443000 |
|
|
|
|
|
|
3000 |
3:5 |
|
9000 |
9000 |
| 4446000 |
3 |
0.96 |
13338000 |
3.35 |
86448 |
28816.11 |
27000 |
1:1 |
3 |
81000 |
-5448 |
| 4446000 |
|
|
|
|
|
|
3000 |
2:3 |
|
6000 |
6000 |
| 5136000 |
1 |
0.32 |
5136000 |
1.29 |
33288 |
33288.24 |
33000 |
1:1 |
1 |
33000 |
-288 |
| 5139000 |
1 |
0.32 |
5139000 |
1.29 |
33308 |
33307.69 |
33000 |
1:1 |
1 |
33000 |
-308 |
| 5151000 |
15 |
4.79 |
77265000 |
19.43 |
500782 |
33385.46 |
33000 |
1:1 |
15 |
495000 |
-5782 |
| 5151000 |
|
|
|
|
|
|
3000 |
2:15 |
|
6000 |
6000 |
| 5154000 |
45 |
14.38 |
231930000 |
58.33 |
1503219 |
33404.91 |
33000 |
1:1 |
45 |
1485000 |
-18219 |
| 5154000 |
|
|
|
|
|
|
3000 |
6:45 |
|
18000 |
18000 |
| TOTAL |
313 |
100.00 |
397602000 |
100.00 |
2577000 |
|
|
|
122 |
2577000 |
0 |
The Board of Directors of the Company at its meeting held on February 17, 2018 has
taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock
Exchange viz. BSE Limited and has authorized the Corporate action for the transfer of the
Equity Shares to various successful applicants.
the CAN and allotment advice and / or notices will be dispatched to the address of the
Applicants as registered with the depositories on or before February 20, 2018. Further,
the instructions to Self-Certified Syndicate Banks for unblocking the amount are being
processed on or prior to February 19, 2018. In case the same is not received within
four working days, investors may contact Registrar at the address given below. The Equity
Shares allocated to successful applicants are being 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 BSE SME Platform
within six Wirking days from the date of the closure of the Issue.
Note: All capitalized terms used and not defined herein shall have the
respective meaning assigned to them in the Prospectus dated January 24, 2018
("Prospectus").
INVESTORS PLEASE NOTE
The details of the allotment made would also be hosted on the website of the Registrar
to the Issue, BIGSHARE SERVICES PRIVATE LIMITED at www.bigshareonline.com. All future
correspondence in this regard may kindly be addressed to the Registrar to the Issue
quoting full name of the First/Sole applicants, serial number of the Application Form,
number of shares applied for and Bank Branch where the application had been lodged and
payment details at the address of the Registrar given below:
BIGSHARE SERVICES PRIVATE LIMITED
1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis, Makwana Road,
Marol, Andheri East, Mumbai- 400059.
Tel: +91 22- 6263 8200 | Fax: +91 22-6263 8299 | Email: ipo@bigshareonline.com
Investor Grievance Email: investor@bigshareonline.com
| Website: www.bigshareonline.com
Contact Parton: Mr. Ashok S Shetty | SEBI Registration No: INR000001385
Place: Kanpur
Date: February 17, 2018 |
For Tasty Dairy Specialities Limited
On behalf of Board of Directors
Sd/-
Chairman and Whole Time Director |
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 THE TASTY DAIRY
SPECIALITIES LIMITED. |