(This is only an advertisement for information purpose
and not a prospectus announcement.)
INDO US BIO-TECH LIMITED
The Corporate Identification Number of our Company is U01122GJ2004PLC043550
Our Company was originally incorporated as Pollucid Bio-Tech Private Limited at
Junagadh on February 4, 2004, under the provisions of the Companies Act, 1956 vide
Certificate of Incorporation issued by the Assistant Registrar of Companies, Gujarat,
Dadra and Nagar Haveli. Subsequently, the name of our company was change to 'Pellucid
Bio-Tech Private Limited* and the fresh Certificate of Incorporation consequent upon the
change of name dated January 5, 2005 was issued by the Registrar of Companies, Gujarat,
Dadra and Nagar Haveli. Later on, the name of our company was changed to 'Indo Us Bio-Tech
Private Limited" and fresh Certificate of Incorporalion consequent upon the change of
name dated March 9, 2007 was Issued by the Registrar of Companies, Gujarat. Dadra and
Nagar Haveli. Consequently upon the conversion of our company Into public limited company,
the name of our company was changed to' Indo Us Bio-Tech
Limited" and fresh Certificate of Incorporation consequent upon conversion from
private company to public company dated January 11,2018 was issued by the Registrar of
Companies, Ahmedabad. For details of change in name and registered office of our Company,
please refer to section titled 'History and Certain Corporate Matters."beginning on
page no. 123 of the Prospectus.
Registered Office: 309, Shanti Mali, Satadhar Char
Rasta, Opp. Navrang Tower, Sola Road, Ahmedabad 380061. Gujarat: CIN:
U01122GJ2004PLC043550. Tel No,: +91 - 79 - 2749 1807; Website:
www.indousagriseeds.com; E-Mail:
compliance@indousagriseeds.com
PROMOTER OF THE COMPANY: MR. JAGDISH AJUDIA
BASIS OF ALLOTMENT
INDO US BIO-TECH LIMITED - SME IPO
PUBLIC ISSUE OF 14,30,000 EQUITY SHARES OF FACE VALUE OF RS 10 EACH OF INDO US BIO-TECH
LIMITED ("INDO US" OR THE "COMPANY" OR THE "ISSUER") FOR
CASH AT A PRICE OF RS 51 PER EQUITY SHARE INCLUDING A SHARE PREMIUM OF RS 41 PER EQUITY
SHARE (THE "ISSUE PRICE") AGGREGATING TO RS 729.30 LAKH ("THE ISSUE"),
OF WHICH 74,000 EQUITY SHARES OF FACE VALUE OF RS 10 EACH FOR CASH AT A PRICE OF RS 51 PER
EQUITY SHARE INCLUDING A SHARE PREMIUM OF RS 41 PER EQUITY SHARE AGGREGATING TO RS 37 74
LAKH WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER TO THE ISSUE (THE "MARKET
MAKER RESERVATION PORTION"). THE ISSUE LESS THE MARKET MAKER RESERVATION PORTION i.e.
NET ISSUE OF 13,56,000 EQUITY SHARES OF FACE VALUE OF RS 10 EACH AT A PRICE OF RS 51 PER
EQUITY SHARE INCLUDING A SHARE PREMIUM OF RS 41 PER EQUITY SHARE AGGREGATING TO RS 691.56
LAKH IS HEREIN AFTER REFERRED TO AS THE "NET ISSUE' THE ISSUE AND THE NET ISSUE WILL
CONSTITUTE 29.46% AND 27.93% RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL
OF OUR COMPANY.
In terms of Prospectus dated April 6, 2018 and as per Regulation 43 (4) of SEBI (ICDR)
Regulations, 2009 wherein (a) minimum of 50 % of the Net Offer to Public shall be
initially made available to Retail individual investors and (b) The balance net offer of
shares to the public shall be made available for allotment to i) individual applicants
other than retail individual investors and ii) other investors including corporate bodies
or institutions, irrespective of number of specified securities applied for. c) The
unsubscribed portion in either of the categories specified in (a) or (b) above may be
allocated to the applicants in the other category.
Explanation: For the purpose of Regulation 43 (4) of SEBI (ICDR)
Regulations, 2009, if the retail individual investor is entitled to more than fifty
percent, on proportionate basis, the retail individual investors shall be allocated that
higher percentage.
THE FACE VALUE OF THE EQUITY SHARES IS RS 10/- EACH AND THE ISSUE PRICE IS RS
51/- EACH INCLUDING A SHARE PREMIUM OF RS 41/- PER EQUITY SHARE. THE ISSUE PRICE IS 5.1
TIMES OF THE FACE VALUE. ISSUE OPENED ON MONDAY, APRIL 30, 2018 AND CLOSED ON THURSDAY,
MAY 3,2018.
The Equity Shares offered through the Prospectus are proposed to be listed on SME
Platform of BSE Limited. In terms of the Chapter XB of the SEBI (ICDR) Regulations, 2009,
as amended from time to time, our Company has received in principle approval letter dated
March 22, 2018 from BSE Limited ("BSE") for using its name in the offer document
for listing our shares on the SME Platform of BSE Limited. For the purpose of this Issue,
the designated Stock Exchange will be the BSE Limited.
SUBSCRIPTION DETAILS
Details of Applications:
The Issue has received 6,743 applications (before Technical Rejections) for 2,59,48,000
Equity Shares (Including Market Maker Application of 74,000 Equity Shares) resulting 18.14
times subscription. The details of the applications received in the Issue (before
technical rejections) are as fellows;
Details of the valid Applications Received (before Technical Rejections &
Withdrawal of Application):
Category |
Number of Applications |
Number of Equity Shares |
Subscription Ratio |
Market Makers |
1 |
74,000 |
1 Times |
Other than Retail Individual Investor's |
119 |
1,26,26,000 |
18,62 Times |
Retail Individual Investor's |
6,623 |
1,32,46,000 |
19,54 Times |
Total |
6,743 |
2,59,46,000 |
Overall | 18.14 Times |
Total 74 applications received in Retail Individual Investors Category for 1,48,000
Shares and 2 applications received in Non Retail Investor's category for 10.000 shares
were rejected on technical grounds. Further, there was no withdrawal of applicatoon in any
of the category.
ALLOCATION: The Basis of Allotment was finalized in consultation with
the Designated Stock Exchange - BSE Limited on May 08, 2018.
A. Allocation to Market Maker (After Technical Rejections & Withdrawal):
Allocation to Market Maker (After Technical Rejections & Withdrawal): The Basis of
Allotment to the Market Maker, at the issue price of Rs 51/- per Equity Share, was
finalized in consultation with BSE. The category was subscribed by 1.00 times. The total
number of shares allotted in this category is 74.000 Equity shares in full. out of
reserved portion of 74,000 Equity Shares.
B. Allocation to Retail Individual Investors. (After Technical Rejections &
Withdrawal, If any): The Basis of Allotment to the Retail Individual Investors,
at the issue price of Rs 51/- per Equity Share, was finalized in consultation with BSE.
The category was subscribed by 18.93 times. Total number of shares a allotted in this
category is 6,92,000 Equity Share as under;
No. of
Shares
Applied for
(Category
wise) |
No.of
Applications
Received |
%
to
Total |
Total
No.of
Equity
Shares
applied |
%
to
Total |
Proporti
onate
Shares
Available |
Allocation
per
Applicant
(before
Rounding
Off) |
Allocation
per
Applicant
(after
Rounding
Off) |
Ratio
of Allo
ttees
to the
Appli
cants |
Serial
Number
of
Quality
ing appli
cants |
Number of
Successful
Applicants
(After
Round
ing Off) |
%
to
Total |
Total No.
of Equity
Shares
allocated/
allotted
Off) |
%
to
Tota |
No.of
Shares
Surplus
/Deficit |
2000 |
6,549 |
100 |
13098000 |
100 |
692000 |
105.65 |
2000 |
346:6549 |
As Under |
346 |
100 |
692000 |
100 |
0 |
Total |
6549 |
100 |
13098000 |
100 |
692000 |
|
|
|
|
346 |
100 |
692000 |
100 |
0 |
Serial Number of Qualifying applicants - Retail Individual Investors
19,23,40,66,93,94,109.136,162,179,206,229,234,251,252,278,304,321,322,347,368,375,391,418,444,460,462,482,489,515,517,532,534,559,561,585,
601,604,631,655,671,696,699,722,725,744.771,795,809,812,840,864.882,901,908,935,953,978,997,1004.1021,1041.1049,1075,1079,1092,1116,1142,
1161,1190,1214,1233,1255,1282,1298,1325,1351,1372,1394,1417,1420,1439,1465,1486,1492,1498,1509,1536,1562,1578,1585,1600,1606,1612,1635,
1642,1657,1676,1704,1721,1739,1746,1772,1791,1798,1820,1841,1860,1888,1895,1915,1931,1949,1964,1981,1997,2030,2049,2068,2096,21232137,
2168,2191,2204,2236,2244,2260,2287,2305,2314,2332,2349,2376,2401,2410,2421,2443,2469,2488,2515,2525,2542,2551,2560,2592,2610,2635,2648,
2655,2689,2698,2709,2725,2751,2769,2795,2820,2837,2866,2899,2904,2933,2959,2976,3003,3036,3046,3070,3097,3114,3126,3150,3167,3179,3183,
3211,3236,3248,3250,3259,3278,3308,3322,3325,3350,3375,3398,3421,3435,3452,3467,3491,3504,3516,3529,3539,3572,3587,3608,3630,3670,3681,
3713,3726,3742,3770,3796,3811,3839,3854,3866,3890,3904,3909,3924,3927,3940,3952,3964,3988,4013,4034,4055,4091,4101,4119,4135,4160,4164,
4196,4214,4240,4274,4291,4299,4315,4328,4356,4381,4413,4422,4443,4460,4470,4477,4493,4510,4512,4530,4538,4540,4557,4567,4595,4622,4646,
4664,4682,4710,4721,4746,4760,4765,4786,4792,4820,4822,4835,4841,4863,4872,4891,4935,4971,5006,5033,5072,5075,5114,5117,5147,5162,5171,
5227,5251,5257,5283,5323,5354,5366,5382,5395,5422,5450,5462,5503,5525,5336,5574,5591,5601,5643,5660,5669,5702,5705,5714,5739,5782,5802,
5811,5842,5845,5853,5874,5881,5912,5923,5943,5950,5991,6014,6020,6055,6083,6126,6153,6165,6199,6224,6265,6291,6294,6335,6361,6405,6407,
6431,6433,6472,6475,6502,6503,6515,6546
C. Allocation to Non Retail Investors (After Technical Rejections &
Withdrawal): The Basis of Allotment to the Non Retail Investors, at the issue
pice of Rs 51/- per Equity Shane, was finalized in consultation with BSE. The category was
subscribed by 19 times. Total number of shares allotted in this category is 6,64,000
Equity Shares. The category wise basis of allotment is as under.
No. of
Shares
Applied for
(Category
wise) |
No.of
Appli
cations
Received |
%
to
Total |
Total
No.of
Equity
Shares
applied |
%
to
Total |
Proporti
onate
Shares
Available |
Allocation
per
Applicant
(before
Rounding
Off) |
Allocation
per
Applicant
(after
Rounding
Off) |
Ratio
of Allo
ttees
to the
Appli
Cants |
Serial
Number
of
Quality
ing appli
Cants |
Number of
Successful
Applicants
(After
Round
ing Off) |
%
to
Total |
Total No.
of Equity
Shares
allocated/
allotted
Off) |
%
to
Tota |
No.of
Shares
Surplus
/Deficit |
4000 |
31 |
26.50 |
124000 |
0.98 |
6526 |
210.52 |
2000 |
3:31 |
2,10,22 |
3 |
4.29 |
6000 |
0.90 |
(526} |
6000 |
4 |
3.42 |
24000 |
0.19 |
1263 |
315.75 |
2000 |
1:4 |
1 |
1 |
1.43 |
2000 |
0.30 |
737 |
8000 |
2 |
1.71 |
16000 |
0.13 |
842 |
421.00 |
2000 |
0:2 |
|
0 |
0.00 |
0 |
0. 0 |
(842) |
10000 |
10 |
8.55 |
100000 |
0.79 |
5263 |
526.30 |
2000 |
3:10 |
1,5,7 |
3 |
4.29 |
6000 |
0.90 |
737 |
12000 |
1 |
0.85 |
12000 |
0.10 |
632 |
632 00 |
2000 |
0:1 |
|
0 |
0.00 |
0 |
0.00 |
(632) |
14000 |
3 |
2.56 |
42000 |
0.33 |
2211 |
737.00 |
2000 |
1:3 |
2 |
1 |
1.43 |
2000 |
0.30 |
(211) |
16000 |
2 |
1.71 |
32000 |
0.25 |
1684 |
842.00 |
2000 |
1:2 |
1 |
1 |
1.43 |
2000 |
0.30 |
316 |
18000 |
2 |
1.71 |
36000 |
0.29 |
1895 |
947.50 |
2000 |
1:2 |
2 |
1 |
1.43 |
2000 |
0.30 |
105 |
20000 |
4 |
3.42 |
80000 |
0.63 |
4211 |
1052.75 |
2000 |
1:2 |
2 |
2 |
2.86 |
4000 |
0.60 |
(211) |
22000 |
1 |
0.85 |
22000 |
0.17 |
1158 |
1158.00 |
2000 |
1:1 |
|
1 |
1.43 |
2000 |
0.30 |
842 |
30000 |
2 |
1.71 |
60000 |
0.48 |
3158 |
1579.00 |
2000 |
1:1 |
|
2 |
2.86 |
4000 |
0.60 |
842 |
32000 |
1 |
0.85 |
32000 |
0.25 |
1684 |
1684.00 |
2000 |
1:1 |
|
1 |
1.43 |
2000 |
0.30 |
316 |
36000 |
2 |
1.71 |
72000 |
0.57 |
3789 |
1894.50 |
2000 |
1:1 |
|
2 |
2.86 |
4000 |
0.60 |
211 |
38000 |
1 |
0.85 |
38000 |
0.30 |
2000 |
2000.00 |
2000 |
1:1 |
|
1 |
1.43 |
2000 |
0.30 |
0 |
40000 |
2 |
1.71 |
80000 |
0.63 |
4211 |
2105.50 |
2000 |
1:1 |
|
2 |
2.86 |
4000 |
0.60 |
(211) |
42000 |
1 |
0.85 |
42000 |
0.33 |
2211 |
2211.00 |
2000 |
1:1 |
|
1 |
1.43 |
2000 |
0.30 |
(211) |
46000 |
1 |
0.85 |
46000 |
0.36 |
2421 |
2421.00 |
2000 |
1:1 |
|
1 |
1.43 |
2000 |
0.30 |
(421) |
50000 |
6 |
5.13 |
300000 |
2.38 |
15789 |
2631.50 |
2000 |
1:1 |
|
6 |
8.57 |
12000 |
1.81 |
(3789) |
|
|
|
|
|
|
|
2000 |
1:3 |
1 |
|
|
4000 |
0.60 |
4000 |
54000 |
1 |
0.85 |
54000 |
0.43 |
2842 |
2842.00 |
4000 |
1:1 |
|
1 |
1.43 |
4000 |
0.60 |
1158 |
60000 |
8 |
6.84 |
480000 |
3.80 |
25263 |
3157.88 |
2000 |
1:1 |
|
8 |
11.43 |
16000 |
2.41 |
(9263) |
|
|
|
|
|
|
|
2000 |
5:8 |
1,3,4,6,8 |
|
|
10000 |
1.51 |
10000 |
78000 |
1 |
0.85 |
78000 |
0.62 |
4105 |
4105.00 |
4000 |
1:1 |
|
1 |
1.43 |
4000 |
0.60 |
(105) |
86000 |
1 |
0.85 |
86000 |
0.68 |
4526 |
4526.00 |
4000 |
1:1 |
|
1 |
1.43 |
4000 |
0.60 |
(526) |
88000 |
1 |
0.85 |
88000 |
0.70 |
4632 |
4632.00 |
4000 |
1:1 |
|
1 |
1.43 |
4000 |
0.60 |
(632) |
98000 |
2 |
1.71 |
196000 |
1.55 |
10316 |
5158.00 |
4000 |
1:1 |
|
2 |
2.86 |
8000 |
1.20 |
(2316) |
|
|
|
|
|
|
|
2000 |
1:2 |
1 |
|
0.00 |
2000 |
0.30 |
2000 |
100000 |
5 |
4.27 |
500000 |
3.96 |
26316 |
5263.20 |
4000 |
1:1 |
|
5 |
7.14 |
20000 |
3.01 |
(6316) |
|
|
|
|
|
|
|
2000 |
3:5 |
1,3,5 |
|
|
6000 |
0.90 |
6000 |
120000 |
1 |
0.85 |
120000 |
0.95 |
6316 |
6316.00 |
6000 |
1:1 |
|
1 |
1.43 |
6000 |
0.90 |
(316) |
146000 |
1 |
0.85 |
146000 |
1.16 |
7684 |
7684.00 |
8000 |
1:1 |
|
1 |
1.43 |
8000 |
1.20 |
316 |
196000 |
3 |
2.56 |
588000 |
4.66 |
30947 |
10315.67 |
10000 |
1:1 |
|
3 |
4.29 |
30000 |
4.52 |
(947) |
200000 |
1 |
0.85 |
200000 |
1.59 |
10526 |
10526.00 |
10000 |
1:1 |
|
1 |
1.43 |
10000 |
1.51 |
(526) |
234000 |
1 |
0.85 |
234000 |
1.85 |
12316 |
12316.00 |
12000 |
1:1 |
|
1 |
1.43 |
12000 |
1.81 |
(316) |
294000 |
1 |
0.85 |
294000 |
2.33 |
15474 |
15474.00 |
16000 |
1:1 |
|
1 |
1.43 |
16000 |
2.41 |
526 |
300000 |
1 |
0.85 |
300000 |
2.38 |
15789 |
15789.00 |
16000 |
1:1 |
|
1 |
1.43 |
16000 |
2.41 |
211 |
392000 |
9 |
7.69 |
3528000 |
27.96 |
185684 |
20631.56 |
20000 |
1:1 |
|
9 |
12.86 |
180000 |
27.11 |
(5684) |
|
|
|
|
|
|
|
2000 |
1:3 |
2 |
|
|
6000 |
0.90 |
6000 |
500000 |
1 |
0.85 |
500000 |
3.96 |
26316 |
26316.00 |
26000 |
1:1 |
|
1 |
1.43 |
26000 |
3.92 |
(316) |
1354000 |
1 |
0.85 |
1354000 |
10.73 |
71263 |
71263.00 |
72000 |
1:1 |
|
1 |
1.43 |
72000 |
10.84 |
737 |
1356000 |
2 |
1.71 |
2712000 |
21.50 |
142737 |
71368.50 |
70000 |
1:1 |
|
2 |
2.86 |
140000 |
21.08 |
(2737) |
|
|
|
|
|
|
|
2000 |
1:2 |
1 |
|
|
2000 |
0.30 |
2000 |
Total |
117 |
100,00 |
12816000 |
1Q0.&D |
664000 |
|
|
|
|
70 |
100 |
664000 |
100.00 |
0 |
The Board of Directors of the Company at its meeting held on May 8.2018 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 the transfer of the Equity Shanes./
dispatch of share certificates to various successful applicants.
The CAN-cum-Refund Orders and allotment advice and/or notices are being dispatched to the
address of the Applicants as registered with the depositories /as filled in the
application form. Further, the Instructions to Self Certified Syndicate Banks were being
processed on or before May 9.2018. 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. The trading is proposed
to be commenced on or before Friday, May 11,2018 subject to receipt of final listing and
trading approvals from the BSE.
INVESTORS PLEASE NOTE
The details of the allotment made would also be hosted on the website of the Registrar
to the Issue, Bigshare Services Private Limiled at www.bigshareonline.com. All luture
correspondence in this regard may kindly be addressed to the Registrar to the Issue
quoting full name of the First/ Sole applicant, serial number of the Application Form,
number of shares applied for and Bank Brancn where the application had been lodged and
payment details at the address of the Registrar given below:
BIGSHARE SERVICES PRIVATE LIMITED
Address: 1st Floor. Bharat Tin Works Building, Opp. Vasant Oasis. Makwana Road,
Marol, Andheri (East), Mumbsi - 400 059. Tel; +91 - 22 - 6263 8200;
Fax: +91 - 22 - 6263 8200; Website: www.bigshareonline.com;
SEBI Registration Number; INR000001385; Contact Person: Mr Nilesh
Chalke;
Email/ Investor Grievance E-mail: ipo@bigshareonline.com |
On behalf of the Board of Directors
For, Indo Us Bio-Tech Limited
Sd/-
Jagdish Ajudia
Managing Director
DIN: 01745951 |
Place: Ahmedabad
Date : May 09, 2018 |
THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OE EITHER THE MARKET
PRICE OF THE EQUITY SHARES ON LISTING OR THE BUSINESS PROSPECTS OF INDO US BIO-TECH
LIMITED.
Note: All capitalized to terms used and not defined herein shall have the
respective meanings assigned to themn in the Prospectus. |