|Basis of Allotment|
is only an advertisement for Information purpose and not a Prospectus announcement).
U. H. ZAVERI LIMITED
Corporate Identification Number: U74999GJ2017PLC098848
Our Company was originally incorporated as U. H. Zaveri Private Limited on August 28,2017 under the Companies Act, 2013 vide certificate of incorporation issued by the Registrar of Companies, Gujarat, Dadra and Nagar Havelli. Subsequently. Our Company was converted in to a public limited company and consequently name was changed to "U. H. Zaveri Limited" (UHZL) vide fresh certificate of incorporation dated September 13. 2017 issued by Registrar of Companies. Gujarat, Dadra and Nagar Havelli. For details of the changes in our name and registered office, please refer to the chapter filed 'History and Certain Corporate Matters' beginning on page no. 86 of the Prospectus.
Registered Office: GF/2, Manish Complex. Indrajit
Tenaments, Opp. Diamond Mill Nikol Road, Ahmedabad-382350. Gujarat. India;
PROMOTER OF THE COMPANY: MR. HITESH M. SHAH, MR. MAHENDRAKUMAR H. SHAH AND MRS. SUNITABEN H. SHAH
BASIS OF ALLOTMENT
PUBLIC ISSUE OF 22,20,000 EQUITY SHARES. OF FACE VALUE OF RS 10 EACH
("EQUITY SHARES") OF U. H. ZAVERI LIMITED
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 "SEBI ICDR REGULATIONS"), AS AMENDED.
THE FACE VALUE OF THE EQUITY SHARES IS RS 10.00 EACH AND
PROPOSED LISTING : TUESDAY, MAY 22, 2018
The Equity Shares offered through this Prospectus are proposed to be listed on the SME
Platform of BSE Limited ("BSE").In terms of the Chapter X-B of the SEBI (ICDR)
Regulations. 2009, as amended from time to time, our Company has received in approval
letter dated April 12, 2018 From BSE Limited (the 'BSE'] far using its name in the offer
document for listing of our shares on the SME Platform of BSE. For the purpose of the
Issue, the designated Stock Exchange will be SME Platform of the BSE.
The issue has received 741 applications for 2,847,000,Equity Shares resulting in 1.2824
times subscription (including reserved portion of market maker).The details of tbe
applications received in the issue (before technical rejections) are as lollows:
The details of the applications rejected by the Registrar on technical grounds (including withdrawal) are detailed below:
After eliminating technically rejected applications, the fallowing 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 May 17, 2018.
B. Allocation to Retail Individual Investors (After Technical Rejections &
Withdrawal): The Basis of Allotment to the Retail Individual Investors, at the
issue price of Rs 36 per Equity Share, was finalized in consultation with BSE Limited. The
category was subscribed by 1.283422 times i.e. for 2,160,000 Equity Shares. Total number
of shares allotted in this category is 1,683,000 Equity Shares to 561 successful
C. Allocation to Other than Retail Individual investors (After Technical
Rejections a Withdrawal): The Basis of Allotment to Other than Retail Individual
Investors, at the issue price of Rs: 36 per Equity Share, was finalized in consultation
with BSE Limited. The category was subscribed by 1.290780 times i e. for 546,000 shares.
The total number of shares allotted in this category is 423,000 Equity Shares to 12
The Board of Directors of the Company at its meeting held on May 17.2018 has approved the Basis of Allocation of Equity Shares as approved by the Designated Stock Exchange viz, BSE Ltd. at a meeting held on May 17, 2018 and has authorised the corporate action for the transfer and allotment of the Equity Shares to various successful applicants.
The CAN-com-Refund advices and allotment advice and/or notices will be forwarded to the address of the Applicants as registered with the depositories / as filled in the application form on or before May 18,2018. Further, the instructions to Sell Certified Syndicate Banks for unblocking the amount will be processed on or before May 18. 2018. 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 BSE Limited 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 meanings assigned to them in the Prospectus dated May 02.2018 ("Prospectus").
INVESTORS PLEASE NOTE
The details of the allotment made would also be hosted on the website of the Registrar to me Issuer. Karvy Computershare Private Limited) at www.karisma.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 COMPUTERSHARE 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 U. H. ZAVERI LIMITED.