|Basis of Allotment|
is only an advertisement for Information purposes and not a Prospectus announcement)
TRIDENT TEXOFAB LIMITED
Our Company was originally incorporated as Tridsnt Texofab Private Limited on September 05. 2008 with the Assistant Registrar of Companies, Gujarat. Dadra and Nagar Havelli as a private limited company under the provisions of the Companies Act. 1956. Subsequently our Company was converted into public limited Company pursuant to shareholders resolution passed at the Annual General Meeting held on May 24. 2017 and the name of our Company was changed to Trident Texofab Limited. A fresh certificate of incorporation consequent upon conversion to public limited Company was issued by the Assistant Registrar of Companies, Ahmedabad on June 06,2017. For further details of our Company, please refer "General Information" and "History and Certain Other Corporate Matters'on page numbers 36 and 80, respectively, of the Prospectus.
Registered Office: 2004. 2nd Floor, North Extension,
Falsawadi. Begumpura, Nodh-4/1650. Sahara Darwaja, Surat-395003, Gujarat, India.
PROMOTERS OF OUR COMPANY: HARDIK J. DESAI AND CHETAN C. JARIWALA
BASIS OF ALLOTMENT
PUBLIC ISSUE OF 11,76,000 EQUITY SHARES OF A FACE VALUE OF RS 10 EACH (THE "EQUITY
SHARES") OF TRIDENT TEXOFAB LIMITED FOUR COMPANY" OR "TTL" OR
"THE ISSUER") FOR CASH AT A PRICE OF RS 30 PER EQUITY SHARE (INCLUDING A SHARE
PREMIUM OF RS 20. 00 PER EQUITY SHARE) ("ISSUE PRICE") AGGREGATING TO RS 352.80
LAKHS ("THE ISSUE") OF WHICH 64,000 EQUITY SHARES AGGREGATING TO RS 19.20 LAKHS
WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER ("MARKET MAKER RESERVATION
PORTION") THE ISSUE LESS THE MARKET MAKER RESERVATION PORTION I.E. ISSUE OF11.12.000
EQUITY SHARES OF FACE VALUE OF RS 10.00 EACH AT AN ISSUE PRICE OF RS 30.00 PER EQUITY
SHARE AGGREGATING TO RS 333.60 LAKHS IS HEREINAFTER REFERRED TO AS THE "NET
ISSUE". THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 29.43% AND 27.83%. RESPECTIVELY
OF THE POST ISSUE PAID UP EQUITY SHAHE CAPITAL OF OUR COMPANY. FOR FURTHER DETAILS, PLEASE
REFER 'TERMS OF THE ISSUE" ON PAGE 154 OF THE PROSPECTUS.
THE FACE VALUE OF THE EQUITY SHARES IS RS 10 EACH.
The Equity Shares offered through the Prospectus are proposed to be listed on the
SME platform of BSE Limited ("BSE SME") 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 September 08,2017 from BSE Limited for using its name in the offer document
For listing of our Shares on the BSE SME. The designated stock exchange is BSE Limited
("BSE"). The trading is proposed to be commenced on or about October 05,
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 1,807 applications for 89.04. 000 Equity Shares (Before
Technical Rejections but after invalid bids and bids not banked/blocked) (including Market
Maker Application of 64,000 Equity Shares) resulting in 7.57 times subscription. After
considering, a Technical Rejection case, the issue was subscribed 7.49 times (including
the Market Maker Portion). The details of the applications, received in the issue (before
technical rejections) 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 - BSE Limited on September 29, 2017.
A. Allocation to Market Maker (After Technical Rejections & Withdrawal): The Basis of Allotment to the Market Maker, at the Issue price of Rs 30 per Equity Share, was finalised in consultation with BSE The category was subscribed by 1.00 times. The total number of shares allotted in this category is 64,000 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 7.83
times. Total numbe, of shares allotted in this category Is 8,84.000 Equity Shares to 1,731
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 of Rs 30 per Equity Share, was finalized in
consultation with BSE. The category was subscribed by 7.98 times. Total number of shares
allotted in this category is 2,28,000 Equity Shares to 32 successful applicants.
The Board of Directors of the Company at its meeting held on September 29,2017 has
taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock
Exchange viz. BSE and has authorized the corporate action for allotment of shares in
dematerialized form to various successful applicants.
INVESTORS PLEASE NOTE
The details of the allotment made would also be hosted on the website of the Registrar to the Issue KARVY COMPUTERS HARE PRIVATE LIMITED at www.karishma.karvy.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:
KARVY COMPUTERS SHARE PRIVATE LIMTTED
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 TRIDENT TEXOFAB LIMITED.