|Basis of Allotment|
(This is only an advertisement for information purpose and not a Prospectus announcement.)
CAWASJI BEHRAMJI CATERING SERVICES LIMITED
Corporate Identity Number: U55101MH2009PLC191462
Our Company was originally incorporated on April 03,2009, as "Cawasji Behramji Catering Services Private Limited" under the provisions of the Companies Act, 1956 with the Registrar of Companies, Maharashtra, Mumbai. Subsequently, our Company was converted into a public limited company pursuant to Shareholders Resolution passed at the Extra Ordinary General Meeting of the Company held on March 03,2015 and the name of our Company was changed to "Cawasji Behramji Catering Services Limited" pursuant to issuance of fresh Certificate of Incorporation dated April 15,2015 issued by the Registrar of Companies, Maharashtra, Mumbai. For details of the changes in our name and registered office, please see section titled "History and Certain Corporate Matters" on page 97 of the Prospectus.
Registered Office: 201 -202, 2nd Floor, Benston-B Wing,
Near Rizvi College, Sherry Rajan Road, Bandra (West), Mumbai - 400 050, Maharashtra, India
Tel. No.: +91 - 22 - 6565 0232; Fax No.: +91 - 22 - 2204
2080; E-mail: firstname.lastname@example.org;
PROMOTERS OF THE COMPANY: MR. ALFRED MICHEAL ARAMBHAN & MRS. NALINI MARIA ARAMBHAN
PUBLIC OFFER OF 13,30,000 EQUITY SHARES OF FACE VALUE OF RS 10 EACH ("EQUITY SHARES") OF CAWASJI BEHRAMJI CATERING SERVICES LIMITED ("OUR COMPANY") FOR CASH AT A PRICE OF RS 14/- PER EQUITY SHARE (THE "OFFER PRICE") THROUGH AN OFFER FOR SALE OF 13,30,000 EQUITY SHARES BY MRS. NALINI MARIA ARAMBHAN ("SELLING SHAREHOLDER") AGGREGATING TO RS 186.20 LAKHS (THE "OFFER"), OF WHICH 70,000 EQUITY SHARES AGGREGATING TO RS 9.80 LAKHS WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER ("MARKET MAKER RESERVATION PORTION"). THE OFFER LESS THE MARKET MAKER RESERVATION PORTION I.E. OFFER OF 12,60,000 EQUITY SHARES OF FACE VALUE OF RS 10 EACH AT AN OFFER PRICE OF RS 14/- PER EQUITY SHARE AGGREGATING TO RS 176.40 LAKHS IS HEREINAFTER REFERRED TO AS THE "NET OFFER". THE OFFER AND THE NET OFFER WILL CONSTITUTE 26.60% AND 25.20%, RESPECTIVELY OF THE POST OFFER PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY. FOR FURTHER DETAILS, PLEASE REFER TO SECTION TITLED "TERMS OF THE OFFER" BEGINNING ON PAGE 201 OF THE PROSPECTUS.
THIS OFFER IS BEING MADE IN TERMS OF CHAPTER XB OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (ICDR) REGULATIONS, 2009 (THE "SEBIICDR REGULATIONS"), AS AMENDED. THIS OFFER IS A FIXED PRICE OFFER AND ALLOCATION IN THE NET OFFER TO THE PUBLIC WILL BE MADE IN TERMS OF REGULATION 43(4) OF THE SEBI (ICDR) REGULATIONS, 2009, AS AMENDED.
FOR FURTHER DETAILS, PLEASE REFER TO SECTION TITLED "OFFER PROCEDURE" BEGINNING ON PAGE 209 OF THE PROSPECTUS. THE FACE VALUE OF THE EQUITY SHARES IS RS 10 EACH AND THE OFFER PRICE IS RS 14/-. THE OFFER PRICE IS 1.4 TIMES OF THE FACE VALUE.
PROPOSED LISTING: MONDAY, OCTOBER 19,2015
The Equity Shares offered through the Prospectus are proposed to be listed on the SME Platform of BSE Limited ("BSE"). In terms of the Chapter XB of the SEBI (ICDR) Regulations, 2009, as amended, the Company is not required to obtain an in-principle listing approval for the shares being offered in this Offer. However, the Company has received an in-principle approval letter dated August 20,2015 from BSE for using its name in the offer document for listing of its shares on the SME Platform of BSE. For the purpose of this Offer, the Designated Stock Exchange will be the BSE Limited. The trading is proposed to be commenced with effect from October 19,2015*.
"Subject to receipt of listing and trading approvals from the BSE Limited.
All Applicants were allowed to participate in the Offer 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").
The Offer has received 204 applications for 27,30,000 Equity Shares (after cheque
returns) resulting in 2.05 times subscription (including reserved portion of Market
Maker). The details of the applications received in the Offer (before technical rejections
and after cheque returns) are as follows:
The details of applications rejected by the Registrar on technical
grounds (including withdrawal) are detailed below:
After eliminating technically rejected applications, the following tables give us Category wise net valid applications:
Allocation: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - BSE Limited on October 12,2015.
A Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the offer price of Rs.14/- 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 70,000 Equity Shares.
B.Allocation to Retail Individual Investors (After Technical Rejections): The Basis of Allotment to the Retail Individual Investors, at the offer price of Rs. 14/- per Equity Share, was finalized in consultation with BSE. The category was subscribed by 1.95 times. The total number of shares allotted in this category is 9,80,000 Equity Shares to 98 successful applicants.
The Category-wise details of the Basis of Allotment are as under:
C. Allocation to Other than Retail Individual Investors (After Technical Rejections & Withdrawal): The Basis of Allotment to the Non Institutional Investors, at the offer price of Rs. 14/- per Equity Share, was finalized in consultation with BSE. The category was subscribed 1.96 times. The total number of shares allotted in this category is 2,80,000 Equity Shares.
The Category-wise details of the Basis of Allotment are as under:
The Board of Directors of the Company at its meeting held on October 12,2015 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz. BSE Ltd and has authorized the corporate action for the transfer of the Equity Shares to various successful applicants.
The Refund/allotment intimation are being dispatched to the address of the Applicants as registered with the depositories on or before October 14,2015. Further, the instructions to Self Certified Syndicate Banks for unblocking the amount are being processed on or prior to October 14,2015. In case the same is not received within ten 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 the SME Platform of BSE Limited within twelve working days from the date of the closure of the Offer.
Note: All capitalized terms used and not defined herein shall have the respective meaning assigned to them in the Prospectus dated September 15,2015 ("Prospectus").
INVESTORS PLEASE NOTE
The details of the allotment made would also be hosted on the website of the Registrar
to the Offer, SHAREX DYNAMIC (INDIA) PRIVATE LIMITED at www.sharexindia.com
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 CAWASJI BEHRAMJI CATERING SERVICES LIMITED.