|Basis of Allotment|
is only an advertisement for information purpose and not a Prospectus announcement.)
FOURTH DIMENSION SOLUTIONS LIMITED
Our Company was incorporated as Fourth Dimension Solutions Private Limited under the provisions of the Companies Act, 1956 vide certificate of incorporation dated June 17, 2011, in Delhi. Subsequently, our Company was converted into public limited company pursuant to which the name of our Company was changed to "Fourth Dimension Solutions Limited" vide fresh certificate of incorporation dated May 25, 2015. The Corporate Identification Number of Our Company is U72900DL2011PLC221111. 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 the Prospectus.
Registered Office: DSM 340, DLF Trade Tower, Shivaji Marg, New
Delhi-110015. Telefax: 011 47091502; E-mail: email@example.com
PROMOTER OF THE COMPANY: MR. AMALENDU MUKHERJEE
BASIS OF ALLOTMENT
PUBLIC ISSUE OF 28,92,000 EQUITY SHARES OF FACE VALUE OF RS 10/- EACH FULLY PAID UP OF FOURTH DIMENSION SOLUTIONS LIMITED ("FDS" 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 867.60 LAKHS (THE "ISSUE") BY OUR COMPANY, OF WHICH 1,48,000 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 27,44,000 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 26.55% AND 25.19%, RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF THE COMPANY.
THIS ISSUE IS BEING IN TERMS OF CHAPTER XB OF THE SEBI (ICDR) REGULATIONS, 2009 (AS AMENDED FROM TIME TO TIME). FOR FURTHER DETAILS PLEASE REFER TO "SECTION VII - ISSUE INFORMATION" BEGINNING ON PAGE 253 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 THE FACE VALUE.
ISSUE OPENED ON: DECEMBER 30, 2015
PROPOSED LISTING: FRIDAY, JANUARY 22,2016
The Equity Shares offered through the Prospectus are proposed to be listed on the NSE Emerge Platform ("NSE"). In terms of the Chapter XB of the SEBI (ICDR) Regulations, 2009, as amended, the Company is not required to obtain an in-principle listing approval for the shares being offered in this Issue. However, the Company has received an in-principle approval letter dated October 29, 2015 from NSE for using its name in the offer document for listing of its shares on NSE Emerge Platform.
For the purpose of this Issue, the Designated Stock Exchange will be the National Stock Exchange of India Limited. The trading is proposed to be commenced with effect from Friday, January 22, 2016.*
*Subject to receipt of listing and trading approvals from the National Stock Exchange of India Limited.
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 Issue has received 734 applications for 57,96,000 Equity Shares resulting in 2.00
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 tables give us Category wise net valid applications:
Allocation: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - National Stock Exchange of India Limited on January 15, 2016.
A. Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the issue price of Rs. 30/- per Equity Share, was finalized in consultation with NSE. The category was subscribed by 1.00 times. The total number of shares allotted in this category is 1,48,000 Equity Shares.
B. Allocation to Retail Individual Investors (After Technical Rejections): The Basis of Allotment to the Retail Individual Investors, at the issue price of Rs 30/- per Equity Share, was finalized in consultation with NSE. The category was subscribed by 1.89 times. The total number of shares allotted in this category is 13,72,000 Equity Shares to 647 successful applicants.
The Category-wise details of the Basis of Allotment are as under:
C. Allocation to Other than Retail Individual Investors (After
Technical Rejections & Withdrawal):
The Board of Directors of the Company at its meeting held on January 14, 2016 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz. National Stock Exchange of India Limited and has authorized the corporate action for the transfer of the Equity Shares to various successful applicants.
The Refund/allotment intimation are being dispatched to the address of the Applicants as registered with the depositories on or before January 19, 2016. Further, the instructions to Self Certified Syndicate Banks for unblocking the amount are being processed on or prior to January 19, 2016. In case the same is not received within ten days, investors may contact Registrar 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 NSE Emerge Platform within twelve working days from the date of the closure of the Issue.
Note: All capitalized terms used and not defined herein shall have the respective meaning assigned to them in the Prospectus dated December 17, 2015 ("Prospectus").
INVESTORS PLEASE NOTE
The details of the allotment made would also be hosted on the website of the Registrar to the Issue, SHAREPRO SERVICES (INDIA) PRIVATE LIMITED at www.shareproservices.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:
SHAREPRO SERVICES (INDIA) PRIVATE LIMITED
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 THE FOURTH DIMENSION SOLUTIONS LIMITED.