|Basis of Allotment|
is only an advertisement for Information purposes and not a Prospectus announcement)
D. P. ABHUSHAN LIMITED
Our Company was originally formed as a partnership firm under the Partnership Act, 1932 ("Partnership Act") in the name and style of "M/s D. P. Jewellers", pursuant to a deed of partnership dated April 1,2003 entered between Mr. Ratanlal Kataria and Mr. Anil Kataria. The terms and conditions relating to partners remuneration was modified by partnership deed dated April 1, 2006. Later, the partnership firm was registered with Registar of Firms, Madhya Pradesh vide certificate dated February 08,2017. The name of the partnership firm "M/s D.P. Jewellers" was changed to "M/s D. P. Abhushan" and new partners were admitted pursuant to partnership deed dated February 14,2017. "M/s. D.P Abhushan" was thereafter converted from partnership firm to Public Limited Company under Part I Chapter XXI of the Companies Act, 2013 with the name of "D. P Abhushan Limited" and received a certificate of incorporation from the Registrar of Companies, Central Registration Centre, Manesar, Gurugram on May 2,2017 bearing registration no. 043234/2017-18 and Corporate Identification Number U74999MP2017PLC043234. For further details please refer to chapter titled "History and Certain Corporate Matters" beginning on page 110 of the Prospectus.
Registered Office: 138, Chandani Chowk, Ratlam - 457001, Madhya Pradesh, India | Corporate Office: 19, Chandani Chowk, Ratlam - 457001, Madhya Pradesh, India Tel No.: +91-7412-490966,408900 | E-mail: firstname.lastname@example.org | Website: www.dpjewellers.com Contact Person: Ms. Chitra Shreedhar, (Company Secretary & Compliance Officer)
PROMOTERS OF OUR COMPANY: MR. ANIL KATARIA, MR. VIKAS KATARIA, MR.
SANTOSH KATARIA, MRS. RENU KATARIA,
BASIS OF ALLOTMENT
INITIAL PUBLIC ISSUE OF 59,32,000 EQUITY SHARES OF FACE VALUE OF RS 10 EACH ("EQUITY SHARES") OF D. P ABHUSHAN LIMITED ("COMPANY" OR "ISSUER") FOR CASH AT A PRICE OF RS 28.00 PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF RS 18.00 PER EQUITY SHARE) ("ISSUE PRICE") AGGREGATING TO RS 1660.96 LAKHS ("ISSUE") OF WHICH 3,00,000 EQUITY SHARES OF FACE VALUE OF RS 10.00 EACH FOR A CASH PRICE OF RS 28.00 PER EQUITY SHARE, AGGREGATING TO RS 84.00 LAKHS WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER ("MARKET MAKER RESERVATION PORTION"). THE ISSUE LESS THE MARKET MAKER RESERVATION PORTION I.E. ISSUE OF 56,32,000 EQUITY SHARES OF FACE VALUE OF RS 10.00 EACH AT AN ISSUE PRICE OF RS 28.00 PER EQUITY SHARE AGGREGATING TO RS 1576.96 LAKHS (IS HEREINAFTER REFERRED TO AS THE "NET ISSUE"). THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 26.65% AND 25.31%, RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY. FOR FURTHER DETAILS, PLEASE REFER TO SECTION TITLED "TERMS OF THE ISSUE" BEGINNING ON PAGE 252 OF THE PROSPECTUS.THIS ISSUE IS BEING MADE IN TERMS OF CHAPTER XB OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2009 (THE "SEBIICDR REGULATIONS"), AS AMENDED.
THE FACE VALUE OF THE EQUITY SHARES IS RS 10 EACH AND THE ISSUE
PRICE IS RS 28.00 EACH.
The Equity Shares offered through this Prospectus are proposed to be listed on the
SME Platform of National Stock Exchange of India Limited ("NSE") ("NSE
EMERGE"). Our Company has received an in-principle approval letter dated September
15,2017 from NSE for using its name in this offer document for listing of our shares on
the SME Platform of NSE. For the purpose of this Issue, the Designated Stock Exchange will
be National Stock Exchange of India Limited. The trading is proposed to
becommenced on or about October 23,2017.*
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 10986 applications for 23,45,76,000 Equity Shares resulting in
39.54 times subscription (including reserved portion of market maker). The details of the
applications received in the issue (before technical & multiple rejections) are as
The details of applications rejected by the Registrar on technical grounds (including with drawal) 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 Limited on October 16,2017.
A. Allocation to Market Maker (After Technical & Multiple Rejections and
Withdrawal): The Basis of Allotment to the Market Maker, at the issue price of Rs
28 per Equity Share, was finalised in consultation with National Stock Exchange Limited.
The category was subscribed by 1.00 times. The total number of shares allotted in this
category is 3,00,000 Equity shares.
B. Allocation to Retail Individual Investors (After Technical & Multiple
Rejections and Withdrawal): The Basis of Allotment to the Retail Individual
Investors, at the issue price of Rs 28 per Equity Share, was finalized in consultation
with National Stock Exchange Limited. The category was subscribed by 14.96 times i.e. for
4,21,36,000 Equity Shares. Total number of shares allotted in this category is 28,16,000
Equity Shares to 704 successful applicants.
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 28 per Equity Share, was finalized in
consultation with National Stock Exchange Limited. The category was subscribed by 67.94
times i.e. for 19,13,28,000 shares. Total number of shares allotted in this category is
28,16,000 Equity Shares to 132 successful applicants.
The Board of Directors of the Company at its meeting held on October 16,2017 has
approved the Basis of Allocation of Equity Shares as approved by the Designated Stock
Exchange viz. NSE at a meeting held on October 16, 2017 and has authorized the corporate
action for the transfer and allotment of the Equity Shares to various successful
INVESTORS PLEASE NOTE
The details of the allotment made would also be hosted on the website of the Registrar to the Issuer, Bigshare Services Private Limited at www.bigshareonline.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:
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 D. P ABHUSHAN LIMITED.