|Basis of Allotment|
(This 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 Not for publication or distribution, directly or indirectly outside India.)
SHREE TIRUPATI BALAJEE FIBC LIMITED
Our Company was originally incorporated as Shree Tirupati Balajee FIBC Private Limited at Indore, Madhya Pradesh, as a Private Limited Company under the provision of Companies Act, 1956 vide Certificate of Incorporation dated October 21, 2009 bearing Corporate Identification Number U25202MP2009PTC022526 issued by the Registrar of Companies, Madhya Pradesh and Chattisgarh, Gwalior. Subsequently our Company was converted into a public limited company pursuant to special resolution passed by the members in extraordinary general meeting held on May 25, 2017 and the name of our Company was changed to Shree Tirupati Balajee FIBC Limited vide a Fresh Certificate of Incorporation dated June 09, 2017, issued by Registrar of Companies, Gwalior. The Corporate Identification number of our Company is U25202MP2009PLC022526. For further details of Business, Incorporation, Change of Name and Registered Office of our company, please refer to chapter titled "Our Business" and "Our History and Certain Other Corporate Matters" beginning on page 113 and page 130 of the Prospectus.
Registered Office: Plot No. A.P.-14 (Apparel Park), SEZ
Phase-II, Industrial Area, Pithampur, Madhya Pradesh - 454774, India,
PROMOTERS OF OUR COMPANY: BINOD KUMAR AGARWAL, ANANT TREXIM PRIVATE
BASIS OF ALLOTMENT
INITIAL PUBLIC OFFER CONSISTING OF FRESH ISSUE OF 27,00,000 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH FULLY PAID FOR CASH AT A PRICE OF RS. 40 PER EQUITY SHARE (THE "ISSUE PRICE") (INCLUDING A SHARE PREMIUM OF RS. 30 PER EQUITY SHARE) AGGREGATING UP TO RS. 1080 LAKHS (THE "ISSUE"), OF WHICH 1,44,000 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH FOR CASH AT A PRICE OF RS. 40/- PER EQUITY SHARE, AGGREGATING RS. 57.6 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 25,56,000 EQUITY SHARES OF FACE VALUE OF RS. 10/-EACH FOR CASH AT A PRICE OF RS.40/-PER EQUITY SHARE, AGGREGATING RS. 1022.40 LAKHS IS-HEREINAFTER REFERRED TO AS THE "NET ISSUE". THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 26.65% AND 25.23% RESPECTIVELY OF THE FULLY DILUTED POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY.
RISKS TO INVESTORS:
I. As on dafe of the Prospectus, the average cost of acquisition per
Equity Share by our Promoters viz. Binod Kumar Agarwal is Nil*, Anant Trexim Private
Limited is 6.67 and NageshwarVinimay Private Limited is 6.67.
(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
(c) the unsubscribed portion of the net offer to any one of the categories specified in
(a) or (b) shall/may be made available for allocation many other category, if so required
THE FACE VALUE OF EQUITY SHARES IS RS. 10/- EACH.
The Equity Shares of our Company issued through the Prospectus are proposed to be listed or the 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 an approval letter dated August 10, 2017 from NSE EMERGE for using its name in the Issue document for listing of our shares on the EMERGE Platform of National Stock Exchange of India Limited. For the purpose of this Issue, EMERGE Platform of the National Stock Exchange of India Limited shall be the Designated Stock Exchange.
The Issue has received 968 applications for 5643000 Equity shares (Before Technical Rejections, bids not banked and invalid duplicate bids) including Market Maker Application of 1,44,000 Equity Shares. The issue was subscribed to the extent of 2.09 times as per the application data (before technical rejection, bids not banked and invalid duplicate bids). After considering the technical rejections cases, the issue was subscribed 1.73 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 - EMERGE Platform of the National Stock Exchange of India Limited on September 29, 2017
A. Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the issue price of Rs. 40/- per Equity Share, was finalized in consultation with National Stock Exchange of India Limited. The category was subscribed by 1.00 times. The total number of shares allotted in this category is 1,44,000 Equity shares in full out of reserved portion of 1,44,000 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. 40/- per Equity Share, was finalized in consultation with National Stock Exchange of India Limited. The category was subscribed by 1.77 times. Total number of shares allotted in this category is 24,81,000 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. 43/-per Equity Share, was finalized in consultation with National Stock Exchange of India Limited. The category was subscribed by 1.60 times. Total number of shares allotted in this category is 20,46,000 Equity Shares. The category wise basis of allotment is as under:
The Board of Directors of the Company at its meeting held on
September 30, 2017 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
authorized corporate action for allotment of shares in dematerialized form to various
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 Registrar given 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