|Basis of Allotment|
(This is only an advertisement for Information purposes and not a Prospectus announcement.)
AKME STAR HOUSING FINANCE LIMITED
Corporate Identification Number: U45201RJ2005PLC020463
Our Company was incorporated as Akme Buildhome Private Limited under the provisions of the Companies Act, 1956 vide certificate of incorporation dated March 17, 2005, in Jaipur. Subsequently, the name of our Company was changed to "Akme Star Housing Finance Private Limited" vide fresh certificate of incorporation dated October 23,2009. Further, our Company was converted into public limited company vide fresh certificate of incorporation dated November 13,2009.The Corporate Identification Number of Our Company is U45201RJ2005PLC020463. For details of change in registered office of our Company please refer to chapter titled "Our History and Certain Other Corporate Matters" beginning on page 115 of this Draft Prospectus.
Registered Office: Akme Business Centre (ABC), 4-5 Subcity
Centre, Savina Circle, Opp. Krishi Upaz Mandi, Udaipur-313002, Rajasthan Tel
No: (0294) 2489501/02; Fax No: (0294) 2489501; E-mail: firstname.lastname@example.org; Website: www.akmestarhousing.com
BASIS OF ALLOTMENT
PUBLIC ISSUE OF 16,00,000 EQUITY SHARES OF FACE VALUE OF Rs 10 EACH FULLY PAID UP OF
AKME STAR HOUSING FINANCE LIMITED ("AKME" OR THE "COMPANY" OR THE
"ISSUER") FOR CASH AT A PRICE OF Rs 30 PER EQUITY SHARE (THE "ISSUE
PRICE") (INCLUDING A SHARE PREMIUM OF Rs 20 PER EQUITY SHARE AGGREGATING Rs 480.00
LAKHS (THE "ISSUE") BY OUR COMPANY. OF WHICH 80.000 EQUITY SHARES OF Rs 10 FULLY
PAID UP EACH 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 15.20.000 EQUITY SHARES OF Rs 10 EACH FULLY PAID UP IS HEREINAFTER REFERRED TO AS
THE "NET ISSUE". THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 26.96 % AND 25.61
%. RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF THE COMPANY.
For further details please refer to "Section 5 - Issue Information" beginning on Page 199 of the Prospectus.
THE FACE VALUE OF THE EQUITY SHARES IS Rs 10 EACH. THE ISSUE PRICE IS Rs 30 THE ISSUE PRICE IS 3.00 TIMES OF THE FACE VALUE ISSUE OPENED ON WEDNESDAY FEBRUARY 25.2015 AND CLOSED ON THURSDAY. MARCH 05.2015 PROPOSED LISTING: FRIDAY. MARCH 20.2015*
The Equity Shares offered through the Prospectus are proposed to be listed on the
SME Plattorm of BSE Limited ("BSE"). In terms of the Chapter XB of the SEBI
(ICDR) Regulatons, 2009, as amended from time to time, we are not required to obtain an
in-principle listing approval for the shares being offered in this Issue. However, our
Company has received an approval letter dated December 05, 2014 from BSE for using its
name in the Prospectus for listing of our Equity Shares on the SME Platform of bSe. For
the purpose of this Issue, BSE shall be the Designated Stock Exchange. The trading is
proposed to be commenced with effect from Friday March 20.2015*.
The Issue has received 417 applications for 27.56.000 Equity Shares resulting in 1.71
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:
The details of applications rejected by the Registrar on technical grounds (including withdrawal) are detailed below:
After eliminating Technically Rejected applications, the following table gives the details of Category wise net valid applications:
Detail of Applications Received (After Technical Rejection and withdrawal)
Allocation: The Basis of Allotment was finalized in consultation
with the Designated Stock Exchange - BSE Limited on March 13, 2015
C) Allocation to Other than Retail Individual Investors(After
Technical Rejections): TheBasisof Allotment to the Other than Retail Individual
Investors i.e. Non Institutional Investors, at the issue price of Rs 30 per Equity
Share, was finalised in consultation with BSE. The category was subscribed 2.168 times.
The total number of shares allotted in this category is 7,60,000 Equity Shares.
The Board of Directors of the Company at its meeting held on March 13,
2015 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-cum-Refund Orders
and allotment advice anddor notices are being dispatched to the address of the Applicants
as registered with the depositories on or before March 17, 2015. Further, the instructions
to Self Certified Syndicate Banks for unblocking the amount are being processed on or
prior to March 19, 2015. In case the same is not received within 10 days, investors may
contact 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 toget 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 Issue.
BIGSHARE SERVICES PRIVATE LIMITED
E2 Ansa Industrial Estate,Sakivihar Road,Sakinaka,Andheri East,Mumbai-400072
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 AKME STAR HOUSING FINANCE LIMITED.