|Basis of Allotment|
is only an advertisement for Information purposes and not a Prospectus announcement)
AGI INFRA LIMITED
CIN No.; U45200PB2005PLC028466
Our Company was incorporated as G. I. Builders Pvt. Ltd. on May 27, 2005 under the Companies Act, 1956, with the Registrar of Companies, Punjab, Himachal Pradesh and Chandigarh, bearing Registration Number - 028466 and CIN U45200PB2005PTC28466. The status of our Company was changed to a public limited company and the name of our Company was changed from "G.I. Builders Private Limited" to "AGI Infra Limited" by a special resolution passed on February 16,2011. A fresh Certificate of Incorporation consequent to the change of name was granted to our Company on February 22, 2011, by the Registrar of Companies, Punjab, Himachal Pradesh and Chandigarh bearing CIN U45200PB2005PTC28466. Further, a fresh Certificate of Incorporation dated June 27,2012, was issued by the Registrar of Companies, Punjab and Chandigarh, consequent upon conversion into a public limited company. For further details regarding the changes in our name and registered office, please see the chapter titled "History and Certain Corporate Matters" beginning on page 95 of the Prospectus. The Corporate Identification Number of our Company is U45200PB2005PLC028466.
Registered Office: Jalandhar Heights, 66 FT Road, Village Pholriwal, Near Urban Estate, Phase II, Jalandhar, Punjab -144001 Tel No.: +91 - 181 - 2681 986; Fax No.: +91 -181 - 2681 886; Website: www.agiinfra.com Company Secretary and Compliance Officer: Ms. Neelu Kapoor; Email: email@example.com
PROMOTER OF THE COMPANY: MR. SUKHDEV SINGH AND MRS.
BASIS OF ALLOTMENT
PUBLIC ISSUE OF 27,76,000 EQUITY SHARES OF Rs 10 EACH ("EQUITY SHARES") OF AGI INFRA LIMITED ("AIL" OR THE "COMPANY" OR THE "ISSUER") FOR CASH AT A PRICE OF Rs 54 PER SHARE (THE "ISSUE PRICE"), AGGREGATING TO Rs 1,499.04 LAKHS ("THE ISSUE"), OF WHICH, 1,42,000 EQUITY SHARES OF Rs 10 EACH WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKERS TO THE ISSUE (THE "MARKET MAKER RESERVATION PORTION"). THE ISSUE LESS MARKET MAKER RESERVATION PORTION I.E. ISSUE OF 26,34,000 EQUITY SHARES OF Rs 10 EACH IS HEREINAFTER REFERRED TO AS THE "NET ISSUE". THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 27.17% AND 25.78%, RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF THE COMPANY. THIS BEING A FIXED PRICE, AS PER SUB CLAUSE (4) OF REGULATION 43 OF THE SEBI (ICDR) REGULATIONS, 2009 AS AMENDED (THE "SEBI REGULATIONS"), OUT OF THE NET ISSUE OF 26,34,000 EQUITY SHARES, NOT LESS THAN 50% SHALL BE AVALABLE TO RETAIL INDIVIDUAL INVESTORS AND THE REMAINING TO INDIVIDUAL APPLICANTS OTHER THAN RETAIL INVESTORS AND OTHER INVETORS INCLUDING CORPORATE BODIES OR INSTITUTIONS IRRESPECTIVE OF THE NUMBER OF SHARES APPLIED FOR. IF THE RETAIL INDIVIDUAL INVESTOR CATEGORY IS ENTITLED TO MORE THAN 50% ON PROPORATIONATE BASIS, THEY SHALL BE ALLOTTED THAT HIGHER PERCENTAGE.
THE FACE VALUE OF OUR EQUITY SHARES IS Rs 10
EACH. THE ISSUE PRICE OF EQUITY SHARES IS Rs 54 EACH AND THE ISSUE PRICE IS 5.40 TIMES OF
THE FACE VALUE.
The Equity Shares of the Company 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 from time to time, we are not required to obtain an in-principle listing
approval from BSE. However, our Company has received an approval via letter dated January
16, 2015 from BSE for using its name in the offer document for listing of our shares on
the SME Platform of BSE.
This being a Fixed Price Issue, the allocation in the Net Issue to the Public category shall be made as per Regulation 43(4) of the SEBI (ICDR) Regulations, 2009, as amended from time to time, wherein a minimum of 50% of the Net Issue of shares to the Public shall initially be made available for allotment to Retail individual investors. The balance Net Issue of Shares to the public shall bemade available for allotment toIndividual Applicants other than Retail Individual Investors and other Investors, including Corporate Bodies / Institutions irrespective of number of shares applied for. The unsubscribed portion of the Net Issue to any one of the categories specified above shall/may be made available for allocation to Applicants in the other category, if so required. 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 Net Issue has received 233 applications for 27,72,000 Equity Shares resulting in 1.05 times subscription. The details of the applications received in the Net Issue (before and after technical rejections) are as follows: Detail of the Applications Received
Note: The Issue also include 1,42,000 Equity Shares reserved for
Market Maker, which was fully subscribed and there were no Technical Rejections.In the
event of oversubscription, the allotment will be made on a proportionate basis in
marketable lots. There was under-subscription of 9,32,000 Equity Shares in Retail Category
& over subscription 10,62,000 Equity Shares in Non - Retail Category. The unsubscribed
portion of Retail Category i.e 9,32,000 Equity Share has been added to the Non-Retail
Category. The Basis of Allotment was finalised in consultation with the Designated Stock
Exchange - BSE Ltd on March 23, 2015.
B) Allocation to Retail Individual Investors (After Technical Rejections): The Basis of Allotment to the Retail Individual Investors, at the issue price of Rs 54 per Equity Share, was finalised in consultation with BSE. The total number of shares allocated in this category is 3,86,000 Equity Shares. The category was subscribed by 0.29 times. The category-wise details of the Basis of Allotment are as under:
C) Allocation to Non - Retails Category (After Technical Rejections): The Basis of Allotment to the Non - Retail Investors, at the issue price of Rs 54 per Equity Share, was finalised in consultation with BSE. The total number of shares allocated in this category is 22,48,000 Equity Shares including unsubscribed portion of Retail Category. The category was subscribed by 1.06 times. The category-wise details of the Basis of Allotment are as under:
The Board of Directors of the Company at its meettng held on March
23,2015 has taken on record the Basis of Allotment of Equity Shares, as approved by the
Designated Stock Exchange viz. BSE and has authorized the corporate action for the
allotment of the Equity Shares to various successful applicants.
Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectus dated February 25,2015 ("Prospectus").
INVESTORS PLEASE NOTE
The details of the allotment made has been hosted on the website of the Registrar to the Issue, Bigshare Services Private Limited at Website: http://www.bighshareonline. com. All future correspondence in this regard may kindly be addressed to the Registrar to the Issue quoting full name of the First/Sole applicant, 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 given below:
BIGSHARE SERVICES PRIVATE LIMITED
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 AGI INFRA LIMITED.