|Basis of Allotment|
(This is only an advertisement for Information purpose and not a Prospectus announcement. This does not constitute an invitation or offer to acquire, purchase or subscribe for securities. Not for publication or distribution, directly or indirectly outside India)
|GOBLIN INDIA LIMITED|
|Corporate Identification Number: U51100GJ1989PLC012165|
Our Company was incorporated on April 26, 1989. as "Kal-Chop Export Private Limited" under the provisions of the Companies Act, 1956 with the Registrar of Companies, Gujarat bearing Registration Number 04-12165. We subsequently changed the name of our Company from" Kal-Chop Export Private Limited " to "Camex Auxi- Chem Private Limited" vide a fresh Certificate of Incorporation issued by Registrar of Companies. Gujarat dated December 15, 1989. Our Company obtained another fresh certificate of incorporation pursuant to change of name from "Camex Auxi-Chem Private Limited" to "Camex Tradelink Private Limited'' dated April 18, 2002 issued by the Registrar of Companies, Gujarat and Dadra & Nagar Haveli Subsequently, our Company was converted into public limited company pursuant to Shareholders Resolution passed at the Extra Ordinary General Meeting held on January 11, 2010 and the name of our Company was changed to "Camex Tradelink Limited" vide a fresh Certificate of Incorporation dated April 8, 2010 issued by the Registrar of Companies. Gujarat and Dadra & Nagar Haveli. Our Company obtained another fresh certificate of incorporation pursuant to change of name from "Camex Tradelink Limited" to "Goblin India Limited" dated August 24, 2015 issued by the Registrar of Companies, Ahmedabad. For further details, please refer to the section titled "History and Certain Corporate Matters" on page no. 107 of this Red Herring Prospectus.
|Registered Office : Camex House, 1st Floor, Commerce Road, Navrangpura, Ahmedabad-380009, India. Telephone: 91 79 26465080;|
|Contact Person: Ms. Nikita Suyani, Company Secretary & Compliance Officer, E-mail: firstname.lastname@example.org, Website: www.goblinindia.com|
|Corporate Identity Number: U51100GJ1989PLC012165|
|PROMOTERS OF OUR COMPANY: MR. MANOJKUMAR CHOUKHANY AND MRS. SONAM CHOUKHANY|
|BASIS OF ALLOTMENT|
INITIAL PUBLIC OFFER OF 29,24.000 EQUITY SHARES OF FACE VALUE OF RS 10.00 EACH (THE "EQUITY SHARES") OF GOBLI INDIA LIMITED, (THE "COMPANY" OR THE "ISSUER") FOR CASH AT A PRICE OF RS.52 PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF RS.42 PER EQUITY SHARE) (THE "ISSUE PRICE") AGGREGATING UP TO RS 1,520 48 LAKHS(THE "ISSUE"). THE ISSUE INCLUDES A RESERVATION OF 1,48.000 EQUITY SHARES OF FACE VALUE OF RS. 10 EACH AT A PRICE OF RS 52 PER EQUITY SHARE AGGREGATING RS 76.96 LAKHS FOR SUBSCRIPTION BY THE MARKET MAKER TO THE ISSUE (THE "MARKET MAKER RESERVATION PORTION"). THE ISSUE LESS MARKET MAKER RESREVATION PORTION I.E. NET ISSUE OF 27,76,000 EQUITY SHARES OF FACE VALUE OF RS. 10 EACH FOR CASH AT A PRICE OF RS 52/- PER EQUITY SHARE, AGGREGATING RS. 1,443.52 LAKHS IS HEREINAFTER REFERRED TO AS THE "NET ISSUE" THE ISSUE AND THE NET ISSUE WILLCONSITUTE 27.99% AND 26.58% RESPECTIVELY OF THE POST ISSUE PAIDUPEQUITY SHARE CAPITAL OF OUR COMPANY
In terms of Rule 19(2)(b)(lf the Securities Contracts (Regulation) Rules, 1957, as amended (the "SCRR") the Issue is being made for at least 25% of the post- issue paid-up Equity Share capital of our Company The Issue is being made through the Book Building Process, in compliance with Chapter IX of the Securities and Exchange Board of India (issue of Capital and Disclosure Requirements) Regulations, 2018, as amended the ("SEBI ICDR Regulations") and allocation m the net issue to the public will be made in terms of regulation 253 of the SEBI (ICDR) Regulations, as amended In terms of SEBI Circular No CIR/CFD/POLICYCELL/11/2015 dated November 10, 2015 and the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, all investors other than retail individual investor shall participate in this Issue mandatorily through the Applications Supported by Blocked Amount ("ASBA") process by providing details of their respective bank accounts which will be blocked by SCSBs. Further, pursuant to SEBI Circular No SEBI/HO/CFD/DIL2/CIR/P/2019/76 dated June 28, 2019, Retail Individual Investors applying in public issue shall compulsorily use UPI payment mechanism by providing UPI ID in the Bid Cum Application Form which is linked from Bank Account of the investor. For details, see "Issue Procedure' on page"196 of this Prospectus
|Risks to Investors:|
|I.||This being the first public issue of our Company, there has been no formal market foe the Equity Shares. The face value of the Equity Shares is Rs. 10 each. The Issue Price as stated in "Basis for Issue Price" on page 72 of Prospectus should not be taken to be indicative of the market price of the Equity Shares after the Equity Shares are listed on SME Platform of BSE Limited. No assurance can be given regarding an active or sustained trading in the Equity Shares or regarding the price at which the Equity Shares will be traded after listing.|
|II.||As on dale of the Prospectus, the average cost of acquisition per Equity Share by our Promoters viz. MR. MANOJKUMAR CHOUKHANY is 5.30 and MRS SONAM CHOUKHANYis4.30|
|THE FACE VALUE OF EQUITY SHARES IS 10/- EACH. THE ISSUE PRICE IS 52.00/- PER EQUITY SHARES|
|BID/ISSUE OPENED ON: MONDAY, SEPTEMBER 30, 2019 & CLOSED ON: FRIDAY, OCTOBER 04, 2019|
The Issue has received 659 applications for 38,04,000 Equity shares (before rejections, before bids not banked but after Invalid Multiple/Duplicate bids) including Market Maker Application of 1,48,000 Equity Shares. The issue was subscribed to the extent of 1.30 times as per the application data (before rejections, before bids not banked but after Invalid Multiple/Duplicate bids). After considering the technical rejections cases, the issue was subscribed 1.13 times.
The details of application received (Before Technical Rejection but after bids not banked and application banked but bid not registered)
|Sr.No.||Category||Number of Applications Received||Number of Shares Bid for||Amount (Rs.)|
|1||Retail Individual Investors||603||12,06,000||6,27,02,000|
|2||Non Institutional Investors||49||20,00,000||10,39,96,000|
|PRICE||SHARES||% OF TOTAL||CUMULATIVE TOTAL||CUMULATIVE % OF TOTAL|
ALLOCATION: The Basis of Allotment was finalized In consultation with the Designated Stock Exchange - BSE Limited on October 10, 2019.
|A.||Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the issue price of Rs. 52.00/- per Equity Share, was finalized in consultation with BSE Limited. The category was subscnbed by 1.00 time. The total number of shares allotted in this category is 1,48,000 Equity shares in full out of reserved portion of 1,48,000 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. 52.00/- per Equity Share, was finalized in consultation with BSE Limited. The category was subscribed by 0.837 times. Total number of shares allotted in this category is 1162000* Equity Shares. The category wise basis of allotment is as under:|
|Sr. No||No. of Shares applied for (Category wise)||Number of applications received||% to Total||Total No. of Shares applied in each category||% to Total||Proportionate shares available||Allocation per Applicant||Ratio of allottees to applicants||Number of successful applicants (after rounding off)||% to Total||Total No. of Shares allocated/ allotted||% to Total||Surplus/ Deficit (14)-(7)|
|before Rounding off||After Rounding off|
* The under subscribed portion of 2,26,000 Equity shares from Retail Investors Category have been spilled over to Other Investors Category.
|C.||Allocation to Non Institutional Investor (After Technical Rejection): The Basis of Allotment to other than Retail Individual Investors, at the issue price of Rs.52.00/- per Equity Share, was finalized in consultation with BSE Limited. The category was subscribed by 1.2366 times. Total number of shares allotted in this category is 16,14,000* Equity Shares. The category wise basis of allotment is as under|
|Sr. No||No. of Shares applied for (Category wise)||Number of applications received||% to Total||Total No. of Shares applied in each category||% to Total||Proportionate shares available||Allocation per Applicant||Ratio of allottees to applicants||Serial Number of Qualifying applicants||Number of successful applicants (after rounding off)||% to Total||Total No. of Shares allocated/ allotted||% to Total||Surplus/ Deficit (14)-(7)|
|before Rounding off||After Rounding off|
* includes original reservation of 13,88,000 Equity shares and spill over from Retail Investors Category of 2,26,000 Equity shares
Please Note: Additional lot of 2000 shares given in applied shares category 4000, 6000, 8000, 40000, 44000, 48000 and 194000 after proportionate allocation.
The Board of Directors of the Company at its meeting held on October 11, 2019 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz. BSE Limited and authorized corporate action for allotment of shares in dematerialized form to various successful applicants
The CAN and allotment advice and/ or notices shall be dispatched to the address of the Applicants as registered with the depositories / as filled in the application form on or before October 11, 2019. Further, the instructions to SCSBs has been issued on October 11, 2019 for unblocking of funds. 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. 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 six working days from the date of the closure of the Issue The trading is proposed to commence on or before October 15, 2019 subject to receipt of listing and trading approvals from BSE Limited.
INVESTORS PLEASE NOTE
The details of the allotment made will be hosted on the website of the Registrar to the Issue at www.bigshareonline.com. All future correspondence in this regard may kindly be addressed to the Registrar 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 of the Registrar given below:
|REGISTRAR OF THE ISSUE|
|BIGSHARE SERVICES PRIVATE LIMITED||For, GOBLIN INDIA LIMITED|
|1st Floor, Bharat Tin works Building, Opp Vasant Oasis, Makwana Road, Marol, Andheri East,||On behalf of the Board of Directors|
|Mumbai-400059. Tel: 022-62638200, Fax : 022-62638299 Website: www.bigshareonlme.com||Sd/-|
|E-Mail: email@example.com. SEBI Reg. No.: INR000001385, Contact Person : Mr. Babu Rapheal||MANOJKUMAR CHOUKHANY|
|Place: Ahmedabad||Chairman and Managing Director|
|Date : October 12, 2019|
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 GOBLIN INDIA LIMITED
Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectus.