|Basis of Allotment|
|(THIS IS ONLY AN ADVERTISEMENT FOR INFORMATION PURPOSES ANO NOT A PROSPECTUS ANNOUNCEMENT. NOT FOR DISTRIBUTION OUTSIDE INDIA.)|
|SKY GOLD LIMITED|
Our Company was incorporated as Sky Gold Private Limited on May 07, 2008 under the Companies Act, 1956 with the Registrar of Companies, Mumbai bearing Registration No. 181989. The status of our Company was changed to a public limited company and the name of our Company was changed to Sky Gold Limited by a special resolution passed on June 19, 2018. A fresh Certificate of Incorporation consequent upon conversion was issued on June 26, 2018 by the Registrar of Companies, Mumbai. For further details, please refer to the chapter titled "History and Certain Corporate Matters" beginning on page no. 107 of the Prospectus.
|Registered Office: Gala no. 101, 102, 103, 1st Floor, Raja Industrial Estate, Sarvoday Nagar, Jain Mandir Road, Mulund (West), Mumbai - 400080|
|Contact Person: Ms. Disha Shenoy, Company Secretary and Compliance Officer.|
|Tel No: +91 - 22 - 2593 9399 / 2592 9299; Email: email@example.com; Website: www.skygold.in|
|Corporate Office: No. 12A, 13 and 14, 1st Floor, Kanak Chambers, 267-71, Kalbadevi Road, Mumbai - 400 002; Teletax: +91 - 22 - 2241 3636|
|Promoters of the Company: Mr. Mangesh Chauhan, Mr. Mahendra Chauhan and Mr. Darshan Chauhan|
|BASIS OF ALLOTMENT|
|THE FACE VAWE OF THE EQUITY SHARE IS Rs 10 AND THE ISSUE PRICE IS 18 TIMES OF THE FACE VALUE.|
|ISSUE OPENED ON: SEPTEMBER 18, 2018 AND ISSUE CLOSED ON: SEPTEMBER 24, 2018|
The Equity Shares of the Company are proposed to be listed on the SME Platform of BSE Limited ("BSE"). Our Company has received an in-principle approval from BSE for the listing of the Equity Shares pursuant to letter dated September 04, 2018. BSE shall be the Designated Stock Exchange for the purpose of this Issue. The trading is proposed to be commenced on October 03, 2018 (Subject to receipt of listing and trading approvals from the BSE Limited).
The Issue is being made through the Fixed Price process, the allocation in the Net Issue to the Public category shall be made as per Regulation 43(4) of the SEBI (ICDR) Regulations, 2009, as amended from time to time, wherein a minimum of 50% of the Net Issue of shares to the Public shall initially be made available for allotment to Retail Individual Investors. The balance of Net Issue of Shares to the public shall be made available for allotment to Individual Applicants other than Retail Individual Investors and other Investors, including Corporate Bodies/ Institutions irrespective of number of shares applied for. If the Retail Individual Investor category is entitled to more than 50% on proportionate basis, they shall be allotted that higher percentage. Under subscription, if any, in any of the categories, would be allowed to be met with spill-over from any of the other categories or a combination of categories at the discretion of our Company in consultation with the Lead Manager and the Designated Stock Exchange. Such inter-se spill over, if any, would be affected in accordance with applicable laws, rules, regulations and guidelines. All Investors shall participate in the Issue only 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 Net Issue has received 854 applications for 13,99,200 Equity Shares resulting in 1.039 times subscription. The details of the applications received in the Net Issue (before and after technical rejections & withdrawal) are as follows:
Detail of the Applications Received
|CATEGORY||Before Technical Rejections & Withdrawals||After Technical Rejections & Withdrawals|
|No. of Applications||No. of Equity Shares||No. of Applications||No. of Equity Shares|
|Retail Individual Applicant||806||6,44,800||732||5,85,600|
|Non - Retail Applicant||48||7,54,400||47||7,52,800|
Note: The Issue also includes 72,800 Equity Shares reserved for Market Maker, which was subscribed by 1.00 time and there were no Technical Rejection & any withdrawal. In the event of over subscription, the allotment will be made on a proportionate basis in marketable lots. There was over subscription of 79,200 Equity Shares in Non - Retail Category & under subscription 88,000 Equity Shares in Retail Category. Due to technical rejection and bids not banked, the Issue was short by 8,800 Equity Shares, for which devolvement notice is issued to the underwriter and the underwriter had subscribed these 8,800 Equity Shares. The Basis of Allotment was finalised in consultation with the Designated Stock Exchange- BSE on September 28, 2018.
|A)||Allocation to Market Maker (After Technical Rejections & Withdrawals): The Basis of Allotment to the Market Maker, at the Issue Price of Rs. 180 per Equity Share, was finalised in consultation with BSE. The category was subscribed by 1.00 times. The total number of shares allotted in this category is 72,800 Equity Shares. The category-wise details of the Basis of Allotment are as under:|
|No. of Shares Applied for (Category Wise)||No. of Applications Received||% to Total||Total No. of Shares Applied in Each Category||% to Total||Allocation par Applicant||Ratio of Allottees to the Applicant||Total No. of Shares Allotted|
|B)||Allocation to Retail Individual Investors (After Technical Rejections & Withdrawals): The Basis of Allotment to the Retail Individual Investors, at the Issue Plice of Rs. 180 per Equity Share, was finalised in consultation with BSE. Pursuant to Regulation 43(4) of the SEBI (ICDR) Regulations, 2009, the total number of shares allocated in this category is 5,85,600 Equity Shares. The category was subscribed by 0.869times. The category-wise details of the Basis of Allotment are as under:|
|No. of Shares Applied for (Category Wise)||No. of Applications Received||% to Total||Total No. of Shares Applied in Each Category||% to Total||Allocation per Applicant||Ratio of Allottees to the Applicant||Total No. of Shares Allotted|
|C)||Allocation to Non - Retails Category (After Technical Rejections & Withdrawals): The Basis of Allotment to the Non - Retail Investors, at the Issue Price of Rs. 180 per Equity Share, was finalised in consultation with BSE. Pursuant to Regulation 43(4) of the SEBI (ICDR) Regulations, 2009, the total number of shares allocated in this category is 7,61,600 Equity Shares (including un-subscribed portion of 88,000 Equity Shares of Retail Individual Investors category). The category was subscribed by 0.988 times. The category-wise details of the Basis of Allotment are as under:|
|No. of Shares Applied for (Category Wise)||No. of Applications Received||% to Total||Total No. of Shares Applied in Each Category||%to Total||Allocation per Applicant||Ratio of Allottees to the Applicant||Total No. of Shares Allotted|
Due to technical rejection and bids not banked, the Issue was short by 8,800 Equity Shares, for which devolvement notice is issued to the underwriter and the underwriter had subscribed these 8,800 Equity Shares. The Board of Directors of the Company at its meeting held on September 28, 2018 has taken on record the Basis of Allotment of Equity Shares, as approved by the Designated Stock Exchange viz. BSE and has authorized the corporate action for the allotment of the Equity Shares to various successful applicants.
The CAN and allotment advice and/ or notices have been dispatched to the address of the investors as registered with the depositories. Further, the instructions to Self Certified Syndicate Banks have been issued on September 28, 2018 for unblocking of funds. The Equity Shares allotted to successful applicants are being credited to their beneficiary accounts subject to validation of the account details with the depositories concerned. In case the same is not received within prescribed time, investors may contact the Registrar to the Issue at the address given below. The Company is taking steps to get the Equity Shares admitted for trading on the SME Platform of BSE Limited within 6 working days from the Closure of the Issue. The trading is proposed to be commenced on October 03, 2018, subject to receipt of listing and trading approvals from BSE Limited.
Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectus dated September 07, 2018("Prospectus").
INVESTORS PLEASE NOTE
The details of the allotment made has been hosted on the website of the Registrar to the Issue, Link lntime India Private Limited at Website: www.linkinlime.co.in.
All future 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 Branch where the Application had been lodged and payment details at the address given below:
|LINK INTIME INDIA PRIVATE LIMITED|
|C-101,1st Floor, 247 Park, Lal Bahadur Shastri Marg, Vikhroli (West), Mumbai - 400 083|
|Tel: + 91 - 22 - 49186200 Fax: + 91 - 22 - 4918 6195 Email: firstname.lastname@example.org Website: www.linkintime.co.in|
|Investor Grievance Email: email@example.com Contact Person: Ms. Shanti Gopalkrishnan|
|SEBI Registration No.: INR000004058|
|For Sky Gold Limited|
|On Behalf of the Board of Directors|
|Place : Mumbai||Sd/-|
|Date : September 29, 2018||Managing Director|
LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE EQUITY SHARE ON LISTING OR THE BUSINESS PROSPECTS OF SKY GOLD LIMITED.
SKY GOLD LIMITED is proposing, subject to applicable statutory and regulatory requirements, receipt of requisite approvals, market conditions and other considerations, to make a Public Issue of its Equity Shares and has filed the Prospectus with the Registrar of Companies, Mumbai at Maharashtra. The Prospectus shall be available on the websites of the Company, the BSE and the Lead Manager at www.skygold.in, www.bseindia.com and www.afsl.co.in respectively. Applicants should note that investment in equity shares involves a high degree of risk and for details relating to the same, see the Prospectus, including, the section titled "Risk Factors" beginning on page no. 10 of the Prospectus.
The Equity Shares have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act"), and may not be offered or sold within the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. Accordingly, the Equity Shares are being offered and sold (i) within the United States to persons reasonably believed to be qualified institutional investors (as defined in Rule 144A under the U.S. Securities Act) pursuant to Rule 144A under the U.S. Securities Act and (ii) outside the United States in offshore transactions in reliance on Regulation S under the U.S. Securities Act and applicable laws of the jurisdictions where such offers and sales occur.