|Basis of Allotment|
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ADCC INFOCAD LIMITED
Corporate Identity Number: U72300MH1998PLC114790
Our Company was originally incorporated on May 5,1998, as "ADCC CAD Technology Private Limited" under the provisions of the Companies Act, 1956 with the Registrar of Companies, Maharashtra, Mumbai. Subsequently, the name of our Company was changed to "ADCC Infocad Private Limited" pursuant to Shareholders Resolution passed at the Extra Ordinary General Meeting held on July 10,1999 and a fresh Certificate of Incorporation dated August 03,1999, was issued by 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 held on February 07,2014 and the name of our Company was changed to "ADCC Infocad Limited" vide a fresh Certificate of Incorporation dated July 04,2014, 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 125 of the Prospectus.
Registered & Corporate Office: 10/5,1.T. Park,
Nagpur-440022, Maharashtra, India
PROMOTERS OF OUR COMPANY: MR. SAGAR MEGHE, MR. SAMEER MEGHE, SMG HOSPITALS PRIVATE LIMITED AND RAGHAV INFRADEVELOPERS & BUILDERS PRIVATE LIMITED
BASIS OF ALLOTMENT
PUBLIC ISSUE OF 24,00,000 EQUITY SHARES OF FACE VALUE OF RS.10 EACH OF ADCC INFOCAD LIMITED ("ADCC" OR "OUR COMPANY" OR "THE ISSUER") FOR CASH AT A PRICE OF RS.40/- PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF RS.30/- PER EQUITY SHARE) ("ISSUE PRICE") AGGREGATING TO RS.960.00 LAKHS, OF WHICH 1,20,000 EQUITY SHARES OF FACE VALUE OF RS.10 EACH WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER ("MARKET MAKER RESERVATION PORTION"). THE ISSUE LESS THE MARKET MAKER RESERVATION PORTION I.E. ISSUE OF 22,80,000 EQUITY SHARES OF FACE VALUE OF RS.10 EACH IS HEREINAFTER REFERRED TO AS THE "NET ISSUE". THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 26.49 % AND 25.17%, RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY. FOR FURTHER DETAILS, PLEASE SEE "TERMS OF THE ISSUE" ON PAGE 276 OF THE PROSPECTUS.
THIS ISSUE IS BEING MADE IN TERMS OF CHAPTER XB OF THE SEBI (ICDR) REGULATIONS, 2009, AS AMENDED. THIS ISSUE IS A FIXED PRICE ISSUE AND ALLOCATION IN THE NET ISSUE 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 "ISSUE PROCEDURE" BEGINNING ON PAGE 282 OF THE PROSPECTUS.
THE FACE VALUE OF THE EQUITY SHARES IS RS.10/- EACH AND THE ISSUE PRICE
IS RS. 40/-
ISSUE OPENED ON TUESDAY, SEPTEMBER 30, 2014
PROPOSED LISTING: OCTOBER 22,2014
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, we are not required to obtain an in-principle listing approval for the shares being offered in the issue. However, our Company has received an in-principle approval letter dated September 23,2014 from BSE for using its name in the offer document for listing of our shares on the SME Platform of BSE. For the purpose of the Issue, the Designated Stock Exchange will be the BSE Limited. The trading is proposed to be commence with effect from October 22, 2014*
*Subject to receipt of listing and trading approvals from the BSE Limited.
All Applicants were allowed to participate 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")
The Issue has received applications for 40,56,000 Equity Shares (after cheque returns) resulting in 1.69 times subscription (including reserved portion of Market Maker). The details of the applications received in the Issue (before technical rejections and after cheque returns) are as follows: Detail of the Applications Received (Before Technical Rejection & After Cheque Return)
The details of applications rejected by the Registrar to the Issue on technical grounds/withdrawal are detailed below:
After eliminating technically rejected applications, the following tables gives us Category wise net valid applications:
Allocation: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - BSE Limited on October 16, 2014.
A. Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the issue price of Rs. 40.00 per Equity Share, was finalized in consultation with BSE. The category was subscribed by 1.00 time. The total number of shares allotted in this category is 1,20,000 Equity Shares.
B. Allocation to Retail Individual Investors (After Technical Rejections): The Basis of Allotment to the Retail Individual Investors, at the issue price of Rs. 40.00 per Equity Share, was finalized in consultation with BSE. The category was subscribed by 1.67 times i.e. for 19,08,000 Equity Shares. The total number of shares allotted in this category is 11,40,000 Equity Shares to 380 successful applicants.
C. Allocation to Other than Retail Individual Investors (After Technical Rejections): The Basis of Allotment to the Non Institutional Investors, at the issue price of Rs. 40.00 per Equity Share, was finalized in consultation with BSE. The category was subscribed 1.74 times i.e. for 19,86,000 Equity Shares. The total number of shares allotted in this category is 11,40,000 Equity Shares to 25 successful applicants.
The Board of Directors of the Company at its meeting held on October 17,2014 has taken on records the Basis of Allocation of Equity Shares as approved by the Designated Stock Exchange viz. BSE Limited and has authorized the Corporate Action for the allotment 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. Further, the instructions to SCSBs for unblocking the amount have been given by October 17,2014. In case the Refunds the same has been made through Direct credit /RTGS/NEFT/ NECS into the Bank Accounts of the applicants, as registered with the depositories. For other applicants Refund Orders have been dispatched to their address as registered with the Depositories. In case the same is not received within 10 (Ten) days, investors may contact Registrar at the address given below. The Refund Orders have been over-printed with the Bank Mandate details as registered, if any, with the Depositories. 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 12 (Twelve) working 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 September 23,2014 ("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
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 ADCC INFOCAD LIMITED.