|Basis of Allotment|
|(This is only an advertisement for Information purposes and not
a Prospectus announcement.)
FILTRA CONSULTANTS AND ENGINEERS LIMITED
Our Company was incorporated as 'Filtra Consultants and Engineers Limited' in Maharashtra, Mumbai, under the Companies Act, 1956 vide Certificate of Incorporation dated May 24, 2011 bearing registration number 217837 issued by the Registrar of Companies, Maharashtra, Mumbai. Our Company received a Certificate of Commencement of Business on July 22,2011 from the Registrar of Companies, Maharashtra, Mumbai. Our corporate identity number is U41000MH2011PLC217837. For further details of incorporation, changes of name and changes in registered office of our Company please refer to the chapters titled 'General Information' and 'Our History and Certain Corporate Matters' beginning on pages 51 and 133 respectively, of the Prospectus.
Registered Office: 1501, Synergy Business Park, Sahakar Wadi,
Next to Synthofine Indus. Estate, Off Aarey Road, Goregaon East,
BASIS OF ALLOTMENT
PUBLIC ISSUE OF 7,41,000 EQUITY SHARES OF FACE VALUE OF RS. 10 EACH ("EQUITY SHARES") OF FILTRA CONSULTANTS AND ENGINEERS LIMITED (THE "COMPANY" OR THE "ISSUER") FOR CASH AT A PRICE OF RS. 42 PER EQUITY SHARE, INCLUDING A SHARE PREMIUM OF RS. 32 PER EQUITY SHARE (THE "ISSUE PRICE"), AGGREGATING RS. 311.22 LACS ("THE ISSUE"), OF WHICH 39,000 EQUITY SHARES OF FACE VALUE OF RS. 10 EACH FOR CASH AT A PRICE OF RS. 42 PER EQUITY SHARE, AGGREGATING RS. 16.38 LACS WILL BE RESERVED FOR SUBSCRIPTION BY THE MARKET MAKER TO THE ISSUE (THE "MARKET MAKER RESERVATION PORTION"). THE ISSUE LESS MARKET MAKER RESERVATION PORTION I.E. ISSUE OF 7,02,000 EQUITY SHARES OF FACE VALUE OF RS. 10 EACH FOR CASH AT A PRICE OF RS. 42 PER EQUITY SHARE, AGGREGATING RS. 294.84 LACS IS HEREINAFTER REFERED TO AS THE "NET ISSUE". THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 27.03% AND 25.61 % RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY.
In terms of Prospectus dated March 10,2015 and as per Regulation 43 (4) of SEBI (ICDR) Regulations, 2009 wherein a minimum of 50% of the Net Offer to Public shall initially be made available to Retail Individual Investors. The balance net offer of shares to the public shall be made available for allotment to a) individual applicants other than retail investors and b) other investors including corporate bodies / institutions irrespective of no. of shares applied for. The unsubscribed portion of the net offer to any one of the categories specified in (a) or (b) shall/may be made available for allocation in any other category, if so required.
Explanation: for the purpose of Regulation 43 (4) of SEBI (ICDR) Regulations, 2009, if the retail individual investor is entitled to more than fifty percent, on proportionate basis, the retail individual investors shall be allocated that higher percentage.
THE FACE VALUE OF EQUITY SHARES IS RS. 10 EACH. THE ISSUE PRICE IS
RS. 42.00. THE ISSUE PRICE IS 4.2 TIMES OF THE FACE VALUE. ISSUE
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 from time to time. The Company is not required to obtain an in-principle approval for the shares being offered in this Issue. However, the Company has received an approval letter dated January 16,2015 from BSE for using its name in the Prospectus for listing of our Shares on BSE. The designated stock exchange is BSE.
All Applicants were allowed to participate in the Issue through APPLICATION SUPPORTED BY BLOCKED AMOUNT ("ASBA") process by providing the details of the respective bank accounts in which the corresponding application amounts were blocked by Self Certified Syndicate Banks (the "SCSBs").
The Issue has received 212 applications for 10,80,000 Equity shares (including Market Maker Application of 39000 Equity Shares) resulting 1.46 times subscription. After considering, cheque return, withdrawls and technical/ multiple rejection cases, the issue was subscribed 1.43 times (including the Market Maker Portion).
The details of application received (Before Technical Rejection & withdrawl of application but after cheque returns)
The details of applications rejected by the Registrar on technical grounds (including withdrawals) are detailed below:
Detail of the Applications Received (After Technical Rejection & withdrawal):
* Arrived as per designation stock exchange in terms of SEBI ICDR Regulations.
ALLOCATION: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - BSE on April 09,2015.
A. Allocation to Market Maker (After Technical Rejections & Withdrawal): The Basis of Allotment to the Market Maker, at the issue price of Rs. 42/- per Equity Share, was finalized in consultation with BSE. The category was subscribed by 1.00 times. The total number of shares allotted in this category is 39,000 Equity shares in full out of reserved portion of 39,000 Equity Shares.
B. Allocation to Retail Individual Investors (After Technical Rejections & Withdrawal): The Basis of Allotment to the Retail Individual Investors, at the issue price of Rs. 42/- per Equity Share, was finalized in consultation with BSE. The category was subscribed by 1.45 times. Total number of shares allotted in this category is 366000 Equity Shares. The category wise basis of allotment is as under:
C. Allocation to Other than Retail Individual Investor (After Technical Rejection and Withdrawal): The Basis of Allotment to other than Retail Individual Investors, at the issue price of Rs 42/- per Equity Share, was finalized in consultation with BSE. The category was subscribed by 1.46 times. Total number of shares allotted in this category is 3,36,000 Equity Shares. The category wise basis of allotment is as under:
The Board of Directors of the Company vide circular resolution passed on April 10,2015 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz. BSE and authorized corporate action for allotment of shares in dematerialized form to various successful applicants. The CAN-cum-Refund Orders and allotment advice and/or notices are being dispatched to the address of the Applicants as registered with the depositories / as filled in the application form on or before April 13,2015. Further, the instructions to SCSBs are being processed on April 10,2015. 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 to get the Equity Shares admitted for trading on the SME Platform of BSE within Twelve working days from the date of the closure of the Issue. The trading is proposed to commence on or before April 16,2015 subject to receipt of listing and trading approvals from BSE.
INVESTORS PLEASE NOTE
The details of the allotment made would also be hosted on the website of the Registrar to the Issue at www.bigshareonline.com. All future correspondence in this regard may kindly be addressed to the Registrar 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 atthe 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 SHARES ON LISTING OR THE BUSINESS PROSPECTS OF Filtra Consultants And Engineers Limited.
Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectus.