|Basis of Allotment|
is only an advertisement for information purpose and not a prospectus announcement.)
DIGGI MULTITRADE LIMITED
Our Company was incorporated as "Diggi Securities Private
Limited" under the provisions of the Companies Act, 1956 on December 1, 2010 bearing
Corporate Identity Number U65900MH2910PTC210471, Issued ,by registrar of Companies,
Maharashtra, Mumbai. Subsequently, the name of our Company was changed from "Diggi
Securities Private Limited" to "Diggi Multitrade limited" vide Fresh
Certificate of Incorporation pursuant to change of name dated June 5, 2014. Further, our
Company was converted from a private limited company to a public limited company vide
Fresh Certificate of Incorporation consequent upon conversion to public limited company
dated June 18, 2014 issued by Deputy Registrar of Companies, Registrar of Companies,
Maharashtra, Mumbai with the Corporate Identity Number U65900MH2010PLC210471. For further
details, please refer to chapter titled "History and Certain Other Corporate
Matters" beginning on page 92 of the Prospectus. Registered Office: D-106,
Crystal Plaza, Opposite Infiniti Mall, Link Road, Andheri (West), Mumbai - 400 053,
Maharashtra, India. | Tel: +91 -22-2674 4365 Fax:
BASIS OF ALLOTMENT
PUBLIC ISSUE OF 26,00,000 EQUITY SHARES OF FACE VALUE OF RS 10 EACH OF DIGGI MULTITRADE LIMITED ("DML" OR THE "COMPANY" OR THE "ISSUER") FOR CASH AT A PRICE OF RS 13 PER EQUITY SHARE INCLUDING A SHARE PREMIUM OF RS 3 PER EQUITY SHARE (THE "ISSUE PRICE") AGGREGATING TO T 338.00 LACS ("THE ISSUE"), OF WHICH 140,000 EQUITY SHARES OF FACE VALUE OF RS 10 EACH WILL FOR CASH AT A PRICE OF RS 13 PER EQUITY SHARE INCLUDING A SHARE PREMIUM OF RS 3 PER EQUITY SHARE AGGREGATING TO RS 18.20 LACS WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER TO THE ISSUE (THE "MARKET MAKER RESERVATION PORTION"). THE ISSUE LESS THE MARKET MAKER RESERVATION PORTION l.e. NET ISSUE OF 24,60,000 EQUITY SHARES OF FACE VALUE OF RS 10 EACH AT A PRICE OF RS 13 PER EQUITY SHARE AGGREGATING TO RS 319.80 LACS IS HEREIN AFTER REFERRED TO AS THE "NET ISSUE". THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 26.87% and 25.42 %, RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY.
THIS ISSUE IS BEING MADE IN ACCORDANCE WITH CHAPTER XB OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2009, (THE "SEBI ICDR REGULATIONS"). AS AMENDED. FOR FURTHER DETAILS, PLEASE REFER TO SECTION TITLED "ISSUE PROCEDURE" BEGINNING ON PAGE 204 OF THE PROSPECTUS.
THE FACE VALUE OF THE EQUITY SHARE IS RS 10.00 AND
The Equity Shares of our Company 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, Our Company has received
an approval letter dated October 09, 2017 from BSE for using its name in this offer
document for listing our shares on the SME Platform of BSE Limited. For the purpose of
this Issue, BSE Limited will be the Designated Stock Exchange. The trading is
proposed to be commenced or or about December 22, 2017.
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 351 applications for 50,30,000 Equity Shares resulting in 1.935
times subscription (including reserved portion of market maker). The details of the
applications received in the Issue (before technical rejections) are as follows:
Allocation: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - BSE Limited on December 19, 2017.
A. Allocation to Market Maker (After Technical Rejections & Withdrawal): The Basis of Allotment to the Market Maker, at the Issue price of Rs 13 per Equity Share, was finalized in consultation with BSE Limited. The category was subscribed by 1.00 times. Total number of shares allotted in this category is 1,40,000 Equity shares.
The Category-wise details of the Basis of Allotment are as under:
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 13 per Equity Share, was finalized in consultation with BSE Limited. The category was subscribed by 1.97 times i.e. for 32,50,000 Equity Shares Total number of shares allotted in this category is 16,50,000 Equity Shares to 165 successful applicants.
C. Allocation to Other than Retail Individual Investors (After Technical Rejections & Withdrawal): The Basis of Allotment to Other than Retail Individual Investors, at the Issue price off 13 per Equity Share, was finalized in consultation with BSE Limited. The category was subscribed by 2.00 times i.e. for 16,20,000. shares the total number of shares allotted in this category is 8,10,000. Equity Shares to 23 successful applicants.
The category wise details of the Basis of Allotment are as under:
The Board of Directors of the Company at its meeting held on December 19, 2017 has
approved 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 transfer 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 November 29,2017.
INVESTORS PLEASE NOTE
The details of the allotment made would also be hosted on the website of the Registrar to the Issue, Purva Sharegistry (India) Pvt. Ltd at www.purvashare.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:
Purva Sharegistry (India) Pvt. Ltd
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 DIGGI MULTITRADE LIMITED.