TRANSWIND
INFRASTRUCTURES LIMITED
CIN: U45203GJ1997PLC032347
Our Company was originally incorporated as "Transwind Communication
and Electronics Pnvate Limited" on May 16, 1997 under the provisions of tne Companies
Act, 1956 vide Certificate of incorporation issued by the Registrar of Companies,
Gujrat at Ahmedabad. Later on the name of Our company was changed to "Transwind
Infrastructures Private Limited" on December 7, 2004 and Fresh Certificate of
Incorpcnation pursuant to change of name was issued by the Registrar of Companies, Gujarat
at Ahmedabad. Consequent upon the conversion of our Company into public limited company,
the neme of our Company was changed to "Transwind Infrastructure Limited" and
fresh Certificate of Incorporation dated April 23, 2009 was issued by the Registrar of
Companies, Gujarat at Ahmedabad.
Registered office: 74, New york Tower-A, Opp. Jain Derasar. S.G. Highway,
Thaltej, Ahmedabad - 380 054, Gujarat, Website: www.transwind.in
Company Secretary and Compliance Officer: Mr. Jaydev Shukla; E-Mail:
cs@transwind.in ; Tel No.: +91 - 79
- 2685 4899.
PROMOTERS OF THE COMPANY:
I.C. Pandey Agro Private Limited, Mr. Mathuraprasad Pandey, Mr. Vrindavan Pandey and Mr.
Shatrujeet Pandey
BASIS OF ALLOTMENT
TRANSWIND INFRASTRUCTURES LIMITED - SME IPO
PUBLIC ISSUE OF 27,00,000 EQUITY SHARES OF FACE VALUE OF RS 10 EACH OF TRANSWIND
INFRASTRUCTURES LIMITED ("TIL" OR THE "COMPANY" OR THF
"ISSUER") FQR CASH AT A PRICE OF RS 27 PER EQUITY SHARE INCLUDING A SHARE
PREMIUM OF RS 17 PEP EQUITY SHARE (THE "ISSUE PRICE") AGGREGATING TO RS 729.00
LAKH ("THE ISSUE"), OF WHICH 1,40,000 EQUITY SHARES OF FACE VALUE OF RS 10 EACH
FOR CASH AT A PRICE OF RS 27 PER EQUITY SHARE INCLUDING A SHARE PREMIUM OF RS 17 PER
EQUITY SHARE AGGREGATING TO RS 37.80 LAKH WILL BE RESERVED FOR SUBSCRIPTION BY MARKET
MAKER TO THE ISSUE (THE ''MARKET MAKER RESERVATJON PORTION"). THE ISSUE LESS THE
MARKET MAKER RESERVATJON PORTION i.e. NET ISSUE OF 25,60,000 EQUITY SHARES OF FACE VALUE
OF RS 10 EACH AT A PRICE OF RS 27 PER EQUITY SHARE INCLUDING A SHARE PREMIUM OF RS 17 PER
EQUITY SHARE AGGREGATING TO RS 691.20 LAKH IS HEREIN AFTER REFERRED TO AS THE "NET
ISSUE". THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 40.36% AND 38.27% RESPECTIVELY OF
THE POST ISSUE PAID UP EQUJTY SHARE CAPfTAL OF OUR COMPANY.
In terms of Prospectus dated June 23, 2017 and as per Regulation 43 (4) of SEBI (ICDR}
Regulations, 2009 wherein (a) minimum of 50 % of the Net Offer to Public Shall be
initially made available to Retail Individual Investors and (b) The balance net offer of
shares to the public snail be made available for allotment to (i) Individual applicant
other than retail Individual Investors and (ii) other Investors including corporate bodies
or institutions, irreespective of number of specified securities applied for. (c) The
unSubscribed portion in either of the Categories specified in (a)or(b) above may be
allocated to the applicants in the other category.
Explanation: For the purpose of Regulation 43 (4) of SEBI (ICDR)
Regulations, 2009, If the retail individual investor is antitied to more than fifty
percent, on proportionate basis, the retail individual investors shall be allocated that
higher percentage.
THE FACE VALUE OF THE EQUITY SHARES IS RS 10/- EACH & THE ISSUE PRICE IS RS
27/- EACH INCLUDING A SHARE PREMIUM OF RS 17 PER EQUITY SHARE. THE ISSUE PRICE IS 2.7
TIMES OF THE FACE VALUE. ISSUE OPENED ON JUNE 30, 2017 (FRIDAY) AND CLOSED ON JULY 4, 2017
(TUESDAY).
The Equity Shares offered through the Prospectus are proposed to be listed on Emerge
Platform of National Stock Exchange of India Limited ("NSE Emerge"). In terms of
the Chapter XB of the SEBI (ICDR) Regulations, 2009, as amended from time to time, our
Company has. received In-Principle Approval Letter dated June 21, 2017 from NSE for using
Its name in this offer document for hiding our shares on the Emerge Platform of National
Stock Exchange of India Limited. For the purpose of this Issue, the designated Stock
Exchange Will be the National Stock Exchange of India Limited ("NSE")
SUBSCRIPTION DETAILS
Details of Applications:
The Issue hus received 6309 applications (before Technical Rejections) for
5,82,52,000 Equity Shares (Including Market Maker Application Of 1,40,000 Equity Shares)
resulting 21.575 times subscription. The details of the applications received in
the Issue (before technical rejections) are as follows:
Details of the valid Applicarions Received (before Technical Rejections &
Withdrawal of Application):
Category |
Number of
Applications |
Number of
Equity Shares |
Subscription Ratio |
Market Makers |
1 |
1,40,000 |
1.000 times |
Other than Retail individual investor's |
110 |
3,33,20.000 |
26.031 times |
Retail Individual Investor's |
6,198 |
2,47,92,000 |
19.369 times |
Total |
6,309 |
5,82,52,000 |
Overall |
21.575 times |
Total 85 applications received in Retail Individual Investor Category were
rejected on technical grounds. Further, there was no withdrawal of application in any of
the category
ALLOCATION: The Basis of Allolmem was finalized in consultation with
the Designated Stock Exchanoe - National Stock Exchange of India Limiled on July 7, 2017.
A. Allocation to Market Maker (After Technical Rejections & Withdrawal):
The Basis of Allotment to the Markel Maker, at the Issue price of h Rs 27/- 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 1,40,000 Equity shares in full,
out of reserved portion of 1,40,000 Equhy Shares.
B. Allocation to Retail Individual Investors (After Technical Rejections &
Withdrawal, If any): The Basis of Allotment to the Retail Individual Investors,
at the issue price of Rs 27/- per Equity Share, was finalized in consultation with NSE.
The category was subscribed by 19.103 times. Total number of shares allotted in this
category is 12,80,000 Equity Share as under;
No. of
Shares
Applied for
(Category
wise) |
No. Of
Applicati
ons
received |
% to
total |
Total No.
of
Equity
Shares applied |
% of
total |
Proportionate
Shares
Available |
Allocation per
Applicant
(Before
Rounding Off |
Allocation per
Applicant
(After
Rounding Off |
Ratio of
Allottees
to the Applicant |
Serial Number
of
Qualifying applicants |
Number of
Successful
Applicants
(After
Rounding Off) |
% to
Total |
Total No. of
Equity
Shares
allocated/
allotted |
% to
Tolal |
Surplus
/Deficit |
4,000 |
6113 |
100.00 |
24452000 |
100.00 |
1280000 |
209.39 |
4000 |
10:191 |
20, 24, 39, 66, 80, 116, 146, 166, 176, 184 |
320 |
100.00 |
1280000 |
100.00 |
0 |
Total |
6113 |
100.00 |
24452000 |
100.00 |
1280000 |
|
|
|
|
320 |
100.00 |
1280000 |
100.00 |
0 |
C. Allocation to Non Retail Investors (After Technical Rejections &
Withdrawal): The Basis of Allotment to the Non Retail Investors, at the Issue
price of Rs. 27/-per Equity Share, was finalized in consuhalion with NSE. The
category was subscribed by 26.031 times. Total number of shares allotted in this category
is 12,80,000 Equity Shares The category wise basis of allotment is as under:
No. of Shares
Applied for
(Category
wise) |
No. of
Applications |
% to total |
Total No.
of
Equity
Shares applied |
% of
total |
Proportionate
Shares
Available |
Allocation
per
Applicant
(Before
Rounding
Off |
Allocation per
Applicant (After
Rounding off) |
Ratio of
Allottees
to the Applicant |
Serial Number
of
Qualifying applicants |
Number of
Successful
Applicants
(After
Rounding Off) |
% to
Total |
Total No. of
Equity
Shares
allocated/
allotted |
% to
Tolal |
Surplus
/Deficit
(Rounde
d off) |
8,000 |
15 |
13.64 |
1,20,000 |
0.36 |
4612 |
307.47 |
4000 00 |
1:15 |
13 |
1 |
1.35 |
4000 |
0.31 |
-612.00 |
12,000 |
9 |
8.18 |
1,08,000 |
0.32 |
4149 |
461.00 |
4000.00 |
1:9 |
8 |
1 |
1.35 |
4000 |
0.31 |
-149.00 |
16,000 |
7 |
6.36 |
1,12,000 |
0.34 |
4303 |
614.71 |
4000 00 |
1:7 |
5 |
1 |
1.35 |
4000 |
0.31 |
-303.00 |
20,000 |
1 |
0.91 |
20,000 |
0.06 |
768 |
768.00 |
4000.00 |
1:1 |
|
1 |
1.35 |
4000 |
0.31 |
3232.00 |
24,000 |
2 |
1.82 |
48,000 |
0.14 |
1844 |
922.00 |
4000.00 |
1:2 |
1 |
1 |
1.35 |
4000 |
0.31 |
2156.00 |
28,000 |
1 |
0.91 |
28,000 |
0.08l |
1076 |
1076.00 |
4000.00 |
1:1 |
|
1 |
1.35 |
4000 |
0.31 |
2924.00 |
32,000 |
2 |
1.82 |
64,000 |
0.19 |
2459 |
1229.50 |
4000.00 |
1:2 |
1 |
1 |
1 35 |
4000 |
0.31 |
1541.00 |
36,000 |
2 |
1.82 |
72,000 |
0.22 |
2766 |
1383.00 |
4000.00 |
1:2 |
1 |
1 |
1.35 |
4000 |
0.31 |
1234.00 |
40,000 |
5 |
4.55 |
2,00,000 |
0.60 |
7683 |
1536.60 |
4000.00 |
2:5 |
3.4 |
2 |
2.70 |
8000 |
0.63 |
317.00 |
44,000 |
1 |
0.91 |
44,000 |
0.13 |
1690 |
1690.00 |
4000.00 |
1:1 |
|
1 |
1.35 |
4000 |
0.31 |
2310.00 |
60,000 |
1 |
0.91 |
60,000 |
0.18 |
2305 |
2305.00 |
4000.00 |
1:1 |
|
1 |
1.35 |
4000 |
0.31 |
1695.00 |
68,000 |
1 |
0.91 |
68,000 |
0.20 |
2612 |
2612.00 |
4000.00 |
1:1 |
|
1 |
1.35 |
4000 |
0.31 |
1388.00 |
72,000 |
2 |
1.82 |
1,44,000 |
0.43 |
5532 |
2766.00 |
4000.00 |
1:2 |
1 |
1 |
1.35 |
4000 |
0.31 |
-1532.00 |
80,000 |
2 |
1.82 |
1,60,000 |
0.48 |
6146 |
3073.00 |
4000.00 |
1:2 |
1 |
1 |
1.35 |
4000 |
0.31 |
-2146.00 |
96,000 |
1 |
0.91 |
96,000 |
0.29 |
3688 |
3688.00 |
4000.00 |
1:1 |
|
1 |
1.35 |
4000 |
0.31 |
312.00 |
1,00,000 |
3 |
2.73 |
3,00,000 |
0.90 |
11525 |
3841.67 |
4000.00 |
1:1 |
|
3 |
4.05 |
12000 |
0.94 |
475.00 |
1,08,000 |
1 |
0.91 |
1,08,000 |
0.32 |
4149 |
4149.00 |
4000.00 |
1:1 |
|
1 |
1.35 |
4000 |
0.31 |
-149.00 |
1,24,000 |
1 |
0.91 |
1,24,000 |
0.37 |
4764 |
4764.00 |
4000.00 |
1:1 |
|
1 |
1.35 |
4000 |
0.31 |
-764.00 |
1,28,000 |
1 |
0.91 |
1,28,000 |
0.36 |
4917 |
4917.00 |
4000.00 |
1:1 |
|
1 |
1.35 |
4000 |
0.31 |
-917.00 |
1,36,000 |
1 |
0.91 |
1,36,000 |
0.41 |
5224 |
5224.00 |
4000.00 |
1:1 |
|
1 |
1.35 |
4000 |
0.31 |
-1224.00 |
1,44,000 |
1 |
0 91 |
1,44,000 |
0.43 |
5532 |
5532.00 |
4000.00 |
1:1 |
|
1 |
1 35 |
4000 |
0.31 |
-1532.00 |
1,48.000 |
3 |
2.73 |
4,44,000 |
1.33 |
17056 |
5685.33 |
4000.00 |
1:1 |
|
3 |
4.05 |
12000 |
0.94 |
-5056.00 |
1,72,000 |
1 |
0.91 |
1,72,000 |
0.52 |
6607 |
6607.00 |
8000.00 |
1:1 |
|
1 |
1.35 |
8000 |
0.63 |
1393.00 |
1,84,000 |
1 |
0.91 |
1,84,000 |
0.55 |
7068 |
7068.00 |
8000.00 |
1:1 |
|
1 |
1.35 |
8000 |
0.63 |
932.00 |
1,88,000 |
1 |
0.91 |
1,88,000 |
0.56 |
7222 |
7222.00 |
8000.00 |
1:1 |
|
1 |
1 35 |
8000 |
0.63 |
778.00 |
1,96,000 |
1 |
0.91 |
1,96,000 |
0.59 |
7529 |
7529.00 |
8000.00 |
1:1 |
|
1 |
1.35 |
8000 |
0.63 |
471 .00 |
2,00,000 |
4 |
3.64 |
3,00,000 |
2.40 |
30732 |
7683.00 |
8000.00 |
1:1 |
|
4 |
5.41 |
32000 |
2.50 |
1268.00 |
2,12,000 |
1 |
0.91 |
2,12,000 |
0.64 |
8144 |
8144.00 |
8000.00 |
1:1 |
|
1 |
1.35 |
8000 |
0.63 |
-144.00 |
2,24,000 |
1 |
0.91 |
2,24,000 |
0.67 |
8605 |
8605.00 |
8000.00 |
1:1 |
|
1 |
1 35 |
8000 |
0.63 |
-605.00 |
2,28,000 |
1 |
0.91 |
2,28,000 |
0.68 |
8759 |
8759.00 |
8000.00 |
1:1 |
|
1 |
1.35 |
8000 |
0.63 |
-759.00 |
2,40,000 |
2 |
1.82 |
4,80,000 |
1.44 |
18439 |
9219.50 |
8000.00 |
1:1 |
|
2 |
2.70 |
16000 |
1.25 |
-2439.00 |
2,44,000 |
3 |
2.73 |
7,32,000 |
2.20 |
28120 |
9373.33 |
8000.00 |
1:1 |
|
3 |
4.05 |
24000 |
1.88 |
-4120.00 |
2,64,000 |
1 |
0.91 |
2,64,000 |
0.79 |
10142 |
10142.00 |
8000.00 |
1:1 |
|
1 |
1.35 |
8000 |
0.63 |
-2142.00 |
2,76,000 |
1 |
0.91 |
2,76,000 |
0.83 |
10603 |
10603.00 |
12000.00 |
1:1 |
|
1 |
1.35 |
12000 |
0.94 |
1397.00 |
2,84,000 |
2 |
1.82 |
5,68,000 |
1.70 |
21820 |
10910.00 |
12000.00 |
1:1 |
|
2 |
2.70 |
24000 |
1.88 |
2180.00 |
3,00,000 |
2 |
1.82 |
6,00,000 |
1.80 |
23049 |
11524.50 |
12000.00 |
1:1 |
|
2 |
2.70 |
24000 |
1.88 |
951.00 |
3,64,000 |
1 |
0.91 |
3,64,000 |
1.09 |
13983 |
13983.00 |
12000.00 |
1:1 |
|
1 |
1.35 |
12000 |
0.94 |
-1983.00 |
3,68,000 |
4 |
3.64 |
14,72,000 |
4.42 |
58547 |
14136.75 |
12000.00 |
1:1 |
|
4 |
5.41 |
48000 |
3.75 |
-8547.00 |
3,72,000 |
3 |
2.73 |
11,16,000 |
3.35 |
42872 |
14290.67 |
16000.00 |
1:1 |
|
3 |
4.05 |
48000 |
3.75 |
5128.00 |
3,92,000 |
1 |
0.91 |
3,92,000 |
1.18 |
15059 |
15059.00 |
16000.00 |
1:1 |
|
1 |
1.35 |
16000 |
1.25 |
941.00 |
4,00,000 |
1 |
0 91 |
4,00,000 |
1.20 |
15366 |
15366.00 |
16000.00 |
1:1 |
|
1 |
1.35 |
16000 |
1 25 |
634.00 |
4,44,000 |
1 |
0.91 |
4,44,000 |
1.33 |
17056 |
17056.00 |
16000.00 |
1:1 |
|
1 |
1.35 |
16000 |
1.25 |
-1056.00 |
4,72,000 |
1 |
0.91 |
4,72,000 |
1.42 |
18132 |
18132.00 |
16000.00 |
1:1 |
|
1 |
1 35 |
16000 |
1.25 |
-2132.00 |
5,52,000 |
1 |
0.91 |
5,52,000 |
1.66 |
21205 |
21205.00 |
20000.00 |
1:1 |
|
1 |
1.35 |
20000 |
1.56 |
-1205.00 |
5,56,000 |
1 |
0.91 |
5,56,000 |
1.67 |
21359 |
.21359.00 |
20000.00 |
1:1 |
|
1 |
1 35 |
20000 |
1.56 |
-1359.00 |
7,88,000 |
1 |
0.91 |
7,88,000 |
2.36 |
30271 |
30271.00 |
28000.00 |
1:1 |
|
1 |
1.35 |
28000 |
2.19 |
-2271.00 |
9,20,000 |
1 |
0.91 |
9,20,000 |
2.76 |
35342 |
35342.00 |
36000.00 |
1:1 |
|
1 |
1.35 |
36000 |
2.81 |
658.00 |
11,08,000 |
1 |
0.91 |
11,08,000 |
3.33 |
42564 |
42564.00 |
44000.00 |
1:1 |
|
1 |
1.35 |
44000 |
3.44 |
1436.00 |
11,12,000 |
1 |
0.91 |
11,12,000 |
3.34 |
42718 |
42718.00 |
44000.00 |
1:1 |
|
1 |
1.35 |
44000 |
3.44 |
1282.00 |
16,60,000 |
1 |
0.91 |
16,60,000 |
4.98 |
63770 |
63770.00 |
64000.00 |
1:1 |
|
1 |
1.35 |
64000 |
5.00 |
230.00 |
18,40,000 |
1 |
0. 91 |
18,40,000 |
5.52 |
70684 |
70684.00 |
72000.00 |
1:1 |
|
1 |
1.35 |
72000 |
5.63 |
1316.00 |
20,32,000 |
1 |
0.91 |
20,32,000 |
6.10 |
78060 |
78060.00 |
76000.00 |
1:1 |
|
1 |
1.35 |
76000 |
5.94 |
-2060.00 |
25,60,000 |
4 |
3.64 |
102,40,000 |
30.73 |
393373 |
98343.25 |
100000.00 |
1:1 |
|
4 |
5.41 |
400000 |
31.25 |
6627.00 |
Total |
110 |
100.00 |
33320000 |
100.00 |
12,80,000 |
|
|
1:1 |
|
74 |
100.00 |
1280000 |
100.00 |
0 |
The Board of Directors of the Company at its meeting held on July 8, 2017 has taken on
record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange
viz. N$E and has authorized the corporate action for the transfer of the Equity
shares/dispatch of share certificates to various successful applicants.
TheCAN-cum-Refund Orders and allotment advice and/or notices are being dispatched to
the address of the Applicants as registered with the depositories l as-filled in
the application form. Further. The instructions to Self Certified Syndicate Banks for
unblocking funds were being processed on or before July 8, 2017. 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 the
National Stock Exchange of India Limited within Six working days from the date of the
closure of the Issue. The trading is proposed to be commenced on Wednesday, July 12, 2017
subject to receipt of final listing and trading approvals from the National Slock Exchange
of India Limited.
INVESTORS PLEASE NOTE
The details of the allotment made would also be hosted on the website of the Registrar
to the issue, Link Intime India Private Limited at www.linkintime.co.in
. All future correspondence in this regand 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:
LINK INTIME INDIA PRIVATE LIMITED
Address: C-101, 1st Floor, 247 Park, L.B.S. marg, Vikhroli (West) Mumbai - 400
083, Maharashtra India
Tel: +91 022 4918 6200; Fax: +91 022 4918 6195;
Website: www.linkintime.co.in ;
SEBI REGN NO: INR00000408
Contact Person: Ms. Shanti Gopalkrishnan
Investor Grievance E-mail: til.ipo@linkintime.co.in
Place: Ahmedabad
Date: July 10, 2017 |
On behalf of the Board of Directors
For, Transwind Infrastructure Limited
sd/-
Pankajkumar Dube
Whole-Time Director
DIN: 07787184 |
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 TRANSWIND
INFRASTRUCTURES LIMITED.
Note: All capitalized terms used and not defined herein shall have the respective meanings
assigned to them in the Prospectus. |