|Basis of Allotment|
TALBROS AUTOMOTIVE COMPONENTS LIMITED
(Incorporated as Payen Talbros Private Limited, on September 8, 1956 under the Companies Act, 1956 and became a Public Company by name Payen Talbros Limited on December 4, 1975. The name of the Company was subsequently changed to Talbros Automotive Components Limited on April 7, 1979.)
Registered Office : 14/1, Delhi Mathura Road, Faridabad
- 121 003.
BASIS OF ALLOTMENT
PUBLIC ISSUE OF TALBROS AUTOMOTIVE COMPONENTS LIMITED ("THE COMPANY") FOR 49,01,963 EQUITY SHARES OF THE FACE VALUE RS.10 EACH FOR CASH AT A PRICE OF RS.102/- PER EQUITY SHARE AGGREGATING RS.5000 LACS. THE ISSUE PRICE IS 10.2 TIMES OF THE FACE VALUE.
THE ISSUE COMPRISES OF PROMOTERS CONTRIBUTION OF 2,45,099 EQUITY SHARES OF RS.10 EACH ("PROMOTER'S CONTRIBUTION") AGGREGATING TO RS.250 LACS AND THE NET OFFER TO THE PUBLIC OF 46,56,864 EQUITY SHARES THROUGH 100% BOOK BUILDING PROCESS AGGREGATING RS.4750 LACS ("NET ISSUE"). THE ISSUE CONSTITUTES 46.02% OF THE POST ISSUE PAID-UP CAPITAL OF THE COMPANY.
The issue was made through 100% Book Building Process and as per DIP Guidelines issued by SEBI
The Issue received 2,16,225 applications for 20,04,29,161 equity shares resulting in 43.03 times subscription. The details of the application received in the Issue from Qualified Institutional Buyers, Non-Institutional and Retail Investors categories are as under:
A sample of the final demand at different bid prices is as under:
The Basis of Allotment, to Retail Investors and the Non-Institutional (who have bid at cut-off or at and above the Issue Price of Rs.102/- per Equity Share), was finalized in consultation with Bombay Stock Exchange Limited ("BSE") on 21st September 2005.
A. Allotment to Retail Investors
The category was over subscribed 62.63 times. The total number of shares allotted in this category is 11,64,216 Equity Shares. The Category-wise details of the Basis of Allotment are as under:
B. Allotment to Non Institutional Investors
The category was subscribed 47.43 times. The total number of shares allotted in this category is 11,64,216 Equity Shares. The category-wise details of the Basis of Allotment are as under:
C. Allocation to QIBs
The Shares Issue Committee for Public Offer of the
company at it's Meeting held at Hyderabad on 22nd September,
The Refund Orders will be 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 Mandate details as registered, if any, with the depositories. The 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 Bombay Stock Exchange Limited and The Delhi Stock Exchange Association Limited within seven working days from the date of approval of the basis of allocation.
INVESTORS PLEASE NOTE:
This details of the allocation made would be hosted on the website of Registrars to the
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:
KARVY COMPUTERSHARE PRIVATE LIMITED
TOLL FREE - HELPLINE NUMBERS 1-600-3454001
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 TALBROS AUTOMOTIVE COMPONENTS LIMITED.