|Basis of Allotment|
is only an advertisement for information purpose and not a Prospectus announcement)
UNIINFO TELECOM SERVICES LIMITED
Our Company was originally Incorporated at Indore, Madhya Pradesh as a private limited company In the name and style of "Unlinfo Telecom Services Private Limited" under the provisions of the Companies Act, 1956 vide certificate of Incorporation dated October 19, 2010 issued by the Registrar of Companies, Madhya Pradesh and Chhattisgarh. Subsequently, our Company was converted into a public limited company pursuant to which the name of our Company was changed to "Uniinfo Telecom Services Limited" vide shareholders' approval dated January 8, 2018 and fresh certificate of incorporation dated January 15, 2018. For further details of Incorporation, Change of Name and Registered Office of our company, please refer to chapter titled "General Information" and "Our History and Certain Other Corporate Matters" beginning on page 60 and page 138 of the Prospectus.
Registered Office: 403, Chetak Centre, 12/2 RNT Marg, Indore
-452001, Madhya Pradesh, India.
PROMOTERS OF OUR COMPANY: MR. KISHORE BHURADIA, MR. PRANAY PARWAL AND MR. ANIL KUMAR JAIN
BASIS OF ALLOTMENT
INITIAL PUBLIC ISSUE OF UPTO 36,38,000 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH ("EQUITY SHARES") OF UNIINFO TELECOM SERVICES LIMITED (THE "COMPANY" OR THE "ISSUER") FOR CASH AT A PRICE OF RS. 55/- PER EQUITY SHARE, INCLUDING A SHARE PREMIUM OF RS. 45/- PER EQUITY SHARE (THE "ISSUE PRICE"), AGGREGATING UP TO RS. 2,000.90 LAKHS ("THE ISSUE"), OF WHICH 8,04,000 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH FOR CASH AT A PRICE OF RS. 55/- PER EQUITY SHARE, AGGREGATING UP TO RS. 442.20 LAKHS WERE RESERVED FOR PRE-IPO PLACEMENT AND 28,34,000 EQUITY SHARES OF RS.10/- EACH FOR CASH AT A PRICE OF RS. 55/- PER EQUITY SHARE, AGGREGATING UP TO RS. 1,558.70 LAKH WERE RESERVED FOR PUBLIC ISSUE OF WHICH 1,42,000 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH FOR CASH AT A PRICE OF RS. 55/- PER EQUITY SHARE, AGGREGATING UP TO RS. 78.10 LAKHS WERE RESERVED FOR THE MARKET MAKER TO THE ISSUE (THE "MARKET MAKER RESERVATION PORTION"). THE PUBLIC ISSUE LESS MARKET MAKER RESERVATION PORTION I.E. NET ISSUE TO PUBLIC WERE 26,92,000 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH FOR CASH AT A PRICE OF RS. 55/- PER EQUITY SHARE, AGGREGATING UP TO RS. 1,480.60 LAKHS WAS HEREINAFTER REFERED TO AS THE "NET ISSUE". THE PRE -IPO PLACEMENT, PUBLIC ISSUE AND THE NET ISSUE WERE CONSTITUTED 7.52%, 26.50% AND 25.18% RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY.
RISKS TO INVESTORS
I. As on date of the Prospectus, the average cost of acquisition per Equity Share by our Promoters viz. Mr. Kishore Bhuradia is Rs. 12.68, Mr.Pranay Parwal is Rs.4.19 and Mr. Anil Kumar Jain is Rs.11.25.
II. In terms of Prospectus dated February 22, 2018 and as per SEBI(ICDR) Regulations, 2009 wherein
A. 50% of Net Issue shall be allocated to Retail Individual Investors.
B. The balance of the Net Issue shall be allocated to other than Retail Individual Investors and other Investors, including Corporate Bodies /Institutions.
All Investors have participated in this Issue through ASBA process. For details in this regards, specific attention is invited to chapter "Issue Procedure" on page 272 of the Prospectus.
THE OFFER IS BEING MADE IN ACCORDANCE WITH CHAPTER XB OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2009, AS AMENDED FROM TIME TO TIME ("SEBI (ICDR) REGULATIONS"). For further details please refer the section titled 'Issue related Information" beginning on page 263 of the Prospectus.
THE FACE VALUE OF THE EQUITY SHARES IS RS. 10.00 EACH.
PROPOSED LISTING: THURSDAY, MARCH 15, 2018*
The Equity Shares of the Company offered through the Prospectus are proposed to be listed on EMERGE Platform of National Stock Exchange of India Limited. In terms of the Chapter XB of the SEBI (ICDR) Regulations, 2009, as amended from time to time, the Company has received an in-principal approval letter dated February 09, 2018 from National Stock Exchange of India Limited for using its name in the Issue Document for listing of its shares on EMERGE Platform of National Stock Exchange of India Limited. For the purpose of this Issue, EMERGE Platform of National Stock Exchange of India Limited shall be the Designated Stock Exchange.
*Subject to receipt of listing and trading approval from the National Stock Exchange of India Limited.
All Applicants were allowed to participate in the Issue through APPLICATIONS SUPPORTED BY BLOCKED AMOUNT ("ASBA") process by providing the details of their respective bank accounts in which the corresponding application amounts were blocked by Self Certified Syndicate Banks (the "SCSBs").
The-Issue has received 1957 applications for 54,74,000 Equity
Shares resulting in 1.93 times subscription (including reserved
portion of Market Maker). 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 are detailed below:
a) Retail Individual Applicants-
b) Other Than Retail lndividual Applicants- Nil
c) Market Maker Portion- Nil
Allocation: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - National Stock Exchange of India Limited on March 12, 2018.
A. Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the Issue price of Rs. 55/-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 1,42,000 Equity Shares in full out of reserved person of 1,42,000 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. 55/- per Equity Share, was finalized in consultation with NSE. The category was subscribed by 1.9568 times. The total number of shares allotted in this category is 19,00,000 Equity Shares. The Category-wise details of the Basis of Allotment are as under:
C. Allocation to Other than Retail Investors (After Technical Rejections): The Basis of Allotment to the other than Retail Individual Investors, at the Issue price of Rs. 55/- per Equity Share, was finalized in consultation with NSE. The category was subscribed 1.9596 times. The total number of shares allotted in this category is 7,92,000 Equity Shares. The Category-wise details of the Basis of Allotment are as under:
The Board of Directors of the Company at its meeting held on March 13, 2018 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 has authorized the corporate action for the transfer of the Equity Shares to various successful applicants.
The Allotment cum refund advice and/or notices will be dispatched to the address of the Applicants as registered with the depositories.Further, the instructions to Self Certified Syndicate Banks shall be issued on to March 13, 2018 for unblocking of funds. In case the same is not received within four working days, investors may contact Registrar 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 Emerge Platform of NSE within six working days from the date of the closure of the Issue.
Note: All capitalized terms used and not defined herein shall have the respective meaning assigned to them in the Prospectus dated February, 22,2018.
INVESTORS PLEASE NOTE
The details of the allotment made would also be hosted on the website of the Registrar to the Issue, LINKINTIME INDIA PRIVATE LIMITED at www.linkintime.co.in. All future correspondence in this regard may kindly be addressed to the Registrar to the Offer 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:
LINKINTIME INDIA PRIVATE LIMITED
THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE EQUITY SHARE ON LISTING OR THE BUSINESS PROSPECTUS OF THE UNIINFO TELECOM SERVICES LIMITED