|Basis of Allotment|
is only an advertisement for Information purpose. This is not a Prospectus announcement
and does not constitute an invitation or offer to acquire, purchase or subscribe for
securities. Not for publication or distribution, directly or indirectly outside India.)
MANOMAY TEX INDIA LIMITED
Our Company was originally incorporated as Manomay Tex India Private Limited at Bhilwara, Rajasthan as a Private Limited Company under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated April 13, 2009 bearing Corporate Identification Number U18101RJ2009PTC028647 issued by Registrar of Companies, Rajasthan. Subsequently, our Company was converted into Public Company pursuant to Shareholders resolution passed at the Extraordinary General Meeting of our Company held on January 02, 2017 and the name of our Company was changed to Manomay Tex India Limited and a fresh Certificate of Incorporation Consequent upon Conversion from Private Company to Public Company dated January 06, 2017 was issued by the Registrar of Companies, Jaipur, Rajasthan. The Corporate Identification Number of our Company is U18101RJ2009PLC028647. For details of Incorporation, Change of Name and Registered Office of our Company, please refer to the chapter titled "General Information" and "Our History and Certain Other Corporate Matters" beginning on page 73 and 188 respectively of the Prospectus.
Registered Office: 32, Heera Panna Market, Pur Road ,
Bhilwara .Rajasthan,-311001 .India. Tel No.: +91 1482-246983; Fax
No.: Not Available
PROMOTERS OF OUR COMPANY: KAILASHCHANDRA LADDHA, KANTADEVI LADDHA, MAHESHCHANDRA LADDHA, PRAMILA LADDHA .YOGESH LADDHA, PALLAVI LADDHA, KAILASHCHANDRA HIRALAL LADDHA HUF AND MAHESHCHANDRA KAILASHCHANDRA LADDHA HUF
BASIS OF ALLOTMENT
INITIAL PUBLIC OFFER CONSISTING OF FRESH ISSUE OF 38,04,000 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH FULLY PAID FOR CASH AT A PRICE OF RS.30/- PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF RS. 20/- PER EQUITY SHARE) (THE "ISSUE PRICE") AGGREGATING UP TO RS. 1,141.20 LAKHS (THE "ISSUE"), OF WHICH 1,96,000 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH FOR CASH AT A PRICE OF RS. 30/- PER EQUITY SHARE, AGGREGATING RS. 58.80 LAKHS 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 36,08,000 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH FOR CASH AT A PRICE OF RS. 30/- PER EQUITY SHARE, AGGREGATING RS. 1,082.40 LAKHS IS HEREINAFTER REFERRED TO AS THE "NET ISSUE". THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 29.99% AND 28.45% RESPECTIVELY OF THE FULLY DILUTED POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OURCOMPANY.
RISKS TO INVESTORS:
I. The average cost of acquisition per Equity Share by our Promoters viz. Kailashchandra Laddha is Rs. 14.85, Kantadevi Laddha is Rs.15.69, Maheshchandra Laddha is Rs. 14.83, Pramila Laddha is Rs. 17.28, Yogesh Laddha is Rs. 20.00, Pallavi Laddha is Rs. 20.00, Kailashchandra Hiralal Laddha HUF is Rs. 14.46 and Maheshchandra Kailashchandra Laddha HUF Rs. 20.00.
In terms of Prospectus dated March 21,2017and 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.
(b) the balance net offer of shares to the public shall be made available for allotment to
(i) individual applicants other than retail investors and
(ii) other investors including corporate bodies/institutions irrespective of no.of shares applied for.
(c) the unsubscribed portion of the net offerto 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. All Investors have participated in this offer through ASBA process. For details in this regards, specific attention is invited to chapter "Issue Procedure" on page 356 of the Prospectus.
THE FACE VALUE OF EQUITY SHARES IS RS. 10/- EACH.
The Equity Shares of our Company issued through this 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 March 01,2017from BSE for using its name in the Issue document for listing of our shares on the SME Platform of BSE. For the purpose of this Issue, SME Platform of the BSE shall be the Designated Stock Exchange.
The Issue has received 2337 applications for 1,29,88,000 Equity shares (Before Technical Rejections, bids not banked and invalid duplicate bids) including Market Maker Application of 1,96,000 Equity Shares. The issue was subscribed to the extent of 3.41 times as per the application data (before technical rejection). After considering the technical rejections cases, the issue was subscribed 3.31 times.
The details of application received (Before Technical Rejection but after bids not banked and invalid duplicate bids)
ALLOCATION: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - BSE Ltd on March 23,2017
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 BSE. The category was subscribed by 1.00 times. The total number of shares allotted in this category is 1,96,000 Equity shares in full out of reserved portion of 1,96,000 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 BSE. The category was subscribed by 3.429 times. Total number of shares allotted in this category is 23,40,000 Equity Shares. The category wise basis of allotment is as under:
C. Allocation to Other than Retail Individual Investor (After Technical Rejection): The Basis of Allotment to other than Retail Individual Investors, at the issue price of Rs 30/- per Equity Share, was finalized in consultation with BSE Limited. The category was subscribed by 3.435 times. Total number of shares allotted in this category is 12,68,000 Equity Shares. The category wise basis of allotment is as under:
The Board of Directors of the Company at its meeting held on March 24,2017 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz. BSE Limited and authorized corporate action for allotment of shares in dematenalized form to various successful applicants.
The CAN and allotment advice and/or notices shall be dispatched to the address of the Applicants as registered with the depositories/ as filled in the application form on or before March 27,2017. Further, the instructions to SCSBs shall be issued on March 24,2017 for unblocking of funds. 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. In case the same is not received within prescribed time, Investors may contact the registrar to the Issue atthe address given below. The Company is taking steps to get the Equity Shares admitted fortrading on the SME Platform of BSE within six working days from the date of the closure of the Issue. The trading is proposed to commence on or before March 28,2017 subject to receipt of listing and trading approvals from BSE.
INVESTORS PLEASE NOTE
The details of the allotment made will 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 at the address of the Registrargiven 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 MANOMAY TEX INDIA LIMITED.
Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectus.