(This is only an advertisement For
information purpose and is not a prospectus announcement.)
 |
MCON
RASAYAN INDIA LIMITED |
CIN:
U24304MH2016PLC286140 |
Our Company was originally incorporated as MCON Rasayan Private
Limited' a private limited company under the Computes Act, 2013 at Mumbai. pursuant to a
certificate of incorporation dated September 22, 2016, issued by the Registrar of
Companies. Mumbai ("RoC"). Thereafter name of our Company was changed from
"MCON Rasayan Private Limited" to "MCON Rasayan India Private Limited"
and a fresh certificate of incorporation was issued by the RoC on October 17, 2022. The
name of the company was further changed from "MCON Rasayan India Private
Limited" to "MCON Rasayan India limited". consequent to conversion of our
company from private to public company. pursuant to a special resolution passed by the
shareholders of our company on October 18, 2022, and a fresh certificate of incorporation
consequent to conversion was issued by the RoC December 12, 2022. Our Company's Corporate
Identity Number is U24304MH2016PLC286140. For details of change in Registered office of
our Company, please refer to the chapter titled "history and Certain Corporate
Matters" on pace 139 of this Prospectus.
Registered
office: 101/A, 1st floor. Maxheal House, Plot-169. CTS-104 Bangur Nagar, Goregaon
West, Near Ayyappa Temple, Mumbai- 400090, Maharashtra, India. Website: www.mconrasayan.com; E-Mail: compliance@mconrasayan.com; Telephone No:
+91 8655988698 |
Company Secretary
and Compliance Officer: Mr Kunal Ashok Borkar, Company Secretary and Compliance
Officer |
OUR PROMOTER:
MAHESH RAVJI BHANUSHALI |
BASIS OF ALLOTMENT |
PUBLIC ISSUE OF 17,10,000 EQUITY SHARES OF FACE VALUE Rs. 10/- EACH (
"EQUITY SHARES") OF MCON RASAYAN INDIA LIMITED (THE "COMPANY" OR THE
"ISSUER") FOR CASH AT A PRICE OF Rs. 40/- PER EQUITY SHARE (INCLUDING A
SECURITIES PREMIUM OF Rs. 30/- PER EQUITY SHARE) (THE "ISSUE PRICE").
AGGREGATING Rs. 684.00 LACS ("ISSUE") OF THE ISSUE 90,000 EQUITY SHARES
AGGREGATING TO Rs. 36.00 LAKHS WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER ( MARKET
MAKER RESERVATION PORTION"). THE ISSUE LESS THE MARKET MAKER RESERVATION PORTION I.E.
ISSUE OF 16,20,000 EQUITY SHARES OF FACE VALUE OF Rs. 10/- EACH AT AN ISSUE PRICE OF Rs.
40/- PER EQUITY SHARE AGGREGATING TO Rs. 648.00 LAKHS IS HEREINAFTER REFERRED TO AS THE
"NET ISSUE". THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 27.13% AND 25.70%.
RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY.
THE FACE VALUE OF
EQUITY SHARES IS Rs. 10/- EACH. |
THE ISSUE PRICE OF RS.
40.00/- PER EQUITY SHARE WAS 4 TIMES OF THE FACE VALUE. |
ISSUE |
OPENED ON: MONDAY, MARCH 06, 2023 AND |
CLOSED ON: FRIDAY, MARCH 10, 2023 |
This issue was made in terms of chapter IX of the Securities and
Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations. 2018
(the "SEBI ICDR REGULATIONS"), as amended in terms of rule 19(2)(b)(i) of the
Securities Contracts (Regulation) Rules, 1957, as amended (the "SCRR").the
Issue was made for at least 25% of the post-issue paid-up equity share capital of our
company. This Issue is a fixed price issue and allocation in the net issue to the public
was made in terms of regulation 253 of the SEBI ICDR Regulations, as amended. For further
details. please refer to section titled "Issue Procedure' beginning on Page No.
252 of the Prospectus.
Listing: The Equity Shares of our Company issued through the
Prospectus are proposed to be listed on the EMERGE Platform of National Stock Exchange of
India Limited. in terms of the Chapter IX of the SEBI ICDR Regulations as amended from
time to time. Our Company has received an In-Principle approval letter dated February 15,
2023 from National Stock Exchange of India Limited ("NSE") for using its name in
the Offer document for listing of our shares on the EMERGE Platform of National Stock
Exchange of India Limited For the purpose of this Issue. National Stock Exchange of India
Limited shall be the Designated Stock Exchange. Our Company will file listing
application on or before March 17, 2023 with NSE. The trading is proposed to be commenced
on or before March 20, 2023 (Subject to receipt of listing and trading approvals from
NSE).
The Issue has received 1,29,001 applications for 62,47,41,000 Equity
shares (before rejections. before application not banked but alter Invalid Multiple.'
Duplicate applications) including Market Maker Application of 90,000 Equity Shares The
Issue was subscribed to the extent of 410.87 times as per the bid book received from NSE
(before rejections. before application not banked but after Invalid Multiple/Duplicate
application) After considering the technical rejections cases. the Issue was subscribed
360.07 times.
The details of application received (Before Technical Rejection but
alter application not banked and application banked but application not registered)
CATEGORY
|
NUMBER
OF APPLICATIONS |
%
OF TOTAL |
NUMBER
OF EQUITY SHARES APPLIED |
SUBSCRIPTION
|
Market
Maker |
01
|
0.0007
|
90,000
|
1
|
Other
than Retail Individual Investors |
6,044
|
4.69
|
255,783,000
|
149.58
|
Retail
Individual Investors |
122,956
|
95.31
|
368,868,000
|
215.71
|
Total
|
129,001
|
100
|
624,741,000
|
365.34
|
Summary of Valid Applications (after Technical and multiple
rejections):
Category |
Gross |
Less: Rejections |
Valid |
Subscription (based on reservation in the Prospectus) |
Number
ol Applications |
Equity
Shares applied |
Number
of Applications |
Equity
Shares applied |
Number
of Applications |
Equity
Shares applied |
Market
Maker |
1
|
90,000
|
-
|
-
|
1
|
90,000
|
1
|
Other
than Retail Individual Investors |
6,044
|
255,783,000
|
90
|
2,148,000
|
5,954
|
253,635,000
|
313.13
|
Retail
individual Investors |
122,956
|
368,868,000
|
2,291
|
6,873,000
|
120,665
|
361,995,000
|
446
91 |
Total
|
129,001
|
624,741,000
|
2,381
|
9,021,000
|
126,620
|
615,720,000
|
360.07
|
ALLOCATION: The Basis ol Allotment was finalized in consultation
with the Designated Stock Exchange - National Stock Exchange of India Limited on March
15, 2023.
A. |
Allocation to Market Maker
(After Technical Rejections): The Basis of Allotment to the Market Maker. at the Issue
Price of Rs. 40/- per Equity Share, was finalized in consultation with National Stock
Exchange ot India Limited. The category was subscribed by 1.00 time. The total number of
Equity Shares allotted in this category is 90000 Equity Shares in full out of reserved
portion of 90,000 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. 40 /- per Equity Share. was
finalized In consultation with National Stock Exchange of India Limited The category was
subscribed by 379.45 times Total number of Equity Shares allotted in this category is
954,000 Equity Shares. The category wise basis of allotment is as under: |
No. of Shares Applied for (Category wise) |
Number of applications received |
% to total |
Total No. of Equity Shares applied |
%of total |
Proportionate Equity Shares available |
Allocation per Applicant |
Ration of allottees to applicant |
Total No. of Equity Shares allotted |
% to total |
Surplus/ Deficit |
Before Rounding off |
After Rounding off |
(1)
|
(2)
|
(3)
|
(4)
|
(5)
|
(6)
|
(7)
|
(8)
|
(9)
|
(10)
|
(11)
|
(12)
|
3000
|
120665
|
100
|
361995000
|
100
|
954000
|
7.91
|
3000
|
1:379
|
954,000
|
100
|
0
|
A. |
Allocation to Other than
Retail Individual Investor (Alter Technical Rejection): The Basis of Allotment to
other than Retail Individual Investors. at the Issue Price of Rs. 40/- per Equity Share.
was finalized in consultation with National Stock Exchange of India Limited. The category
was subscribed by 380.83 times. Total number of Equity Shares allotted in this category is
666,000 Equity Shares. The category wise basis of allotment is as under: |
No. of Shares Applied for (Category wise) |
Number of applications received |
% to total |
Total No. of Equity Shares applied |
% of total |
Proportionate Equity Shares available |
Allocation per Applicant |
Ration of allottees to applicants |
Total No. of Equity Shares allotted |
% to total |
Surplus/Deficit |
Before
Rounding off |
After
Rounding off |
(1)
|
(2)
|
(3)
|
(4)
|
(5)
|
(6)
|
(7)
|
(8)
|
(9) |
(10)
|
(11)
|
(12)
|
6000
|
3061
|
51.41
|
18366000
|
7.24
|
48231
|
15.75
|
3000
|
16
|
3061
|
48000
|
72
|
-231
|
9000
|
500
|
8.39
|
4500000
|
1.77
|
11816
|
23.63
|
3000
|
4
|
500
|
12000
|
1.8
|
184
|
12000
|
348
|
5.84
|
4176000
|
1.64
|
10965
|
31.51
|
3000
|
4
|
348
|
12000
|
1.8
|
1035
|
15000
|
211
|
3.54
|
3165000
|
1.24
|
8311
|
39.39
|
3000
|
3
|
211
|
9000
|
1.35
|
689
|
18000
|
106
|
1.78
|
1908000
|
0.75
|
5010
|
47.26
|
3000
|
2
|
106
|
6000
|
0.9
|
990
|
21000
|
98
|
1.64
|
2058000
|
0.81
|
5404
|
55.14
|
3000
|
2
|
98
|
6000
|
0.9
|
596
|
24000
|
146
|
2.45
|
3504000
|
1.38
|
9201
|
63
02 |
3000
|
3
|
146
|
9000
|
1
35 |
-201
|
27000
|
440
|
7.38
|
11880000
|
4.68
|
31195
|
70.9
|
3000
|
10
|
440
|
30000
|
4.5
|
-1195
|
30000
|
178
|
2.98
|
5340000
|
2.1
|
14022
|
78.78
|
3000
|
5
|
178
|
15000
|
2.25
|
978
|
33000
|
40
|
0.67
|
1320000
|
0.52
|
3466
|
86
65 |
3000
|
1
|
40
|
3000
|
0.45
|
-466
|
36000
|
49
|
0.32
|
1764000
|
0.69
|
4632
|
94.53
|
3000
|
2
|
49
|
6000
|
0.9
|
1368
|
39000
|
32
|
0.53
|
1248000
|
0.49
|
3277
|
102.41
|
3000
|
1
|
32
|
3000
|
0.45
|
-277
|
42000
|
21
|
0.35
|
882000
|
0.34
|
2316
|
110.29
|
3000
|
1
|
21
|
3000
|
0.45
|
684
|
45000
|
48
|
0.8
|
2160000
|
0.85
|
5672
|
118.17
|
3000
|
2
|
48
|
6000
|
0.9
|
328
|
48000
|
27
|
045
|
1296000
|
0
51 |
3403
|
126.04
|
3000
|
1
|
27
|
3000
|
0.45
|
-403
|
51000
|
43
|
0.72
|
2193000
|
0.86
|
5758
|
133.91
|
3000
|
2
|
43
|
6000
|
0.9
|
242
|
54000
|
32
|
0.53
|
1728000
|
0.68
|
4537
|
141.78
|
3000
|
2
|
32
|
6000
|
0.9
|
1463
|
57000
|
9
|
0.15
|
513000
|
02
|
1347
|
149.67
|
3000
|
0
|
9
|
0
|
0
|
-1347
|
60000
|
54
|
0.9
|
3240000
|
1.27
|
8508
|
157.56
|
3000
|
3
|
54
|
9000
|
1.35
|
492
|
63000
|
24
|
04
|
1512000
|
0
59 |
3970
|
165.42
|
3000
|
1
|
24
|
3000
|
0.45
|
-970
|
66000
|
14
|
0.23
|
924000
|
0.36
|
2426
|
173.29
|
3000
|
1
|
14
|
3000
|
0.45
|
574
|
69000
|
9
|
0.15
|
621000
|
0.24
|
1631
|
181.22
|
3000
|
1
|
9
|
3000
|
0.45
|
1369
|
72000
|
5
|
0.08
|
360000
|
0.14
|
945
|
189
|
3000
|
0
|
5
|
0
|
0
|
-945
|
75000
|
28
|
0.47
|
2100000
|
0.82
|
5514
|
196.93
|
3000
|
2
|
28
|
6000
|
0.9
|
486
|
78000
|
8
|
0.13
|
624000
|
0.24
|
1639
|
204.88
|
3000
|
1
|
8
|
3000
|
045
|
1361
|
81000
|
7
|
0.11
|
567000
|
0
22 |
1489
|
21271
|
3000
|
1
|
7
|
3000
|
0
45 |
1511
|
84000
|
6
|
0.1
|
504000
|
0.19
|
1323
|
220.5
|
3000
|
0
|
6
|
0
|
0
|
-1323
|
87000
|
6
|
01
|
522000
|
0.2
|
1371
|
228.5
|
3000
|
0
|
6
|
0
|
0
|
-1371
|
90000
|
30
|
0.05
|
2700000
|
1.06
|
7090
|
236.33
|
3000
|
2
|
30
|
6000
|
09
|
-1090
|
93000
|
3
|
0.05
|
279000
|
0.11
|
733
|
244.33
|
3000
|
0
|
3
|
0
|
0
|
-733
|
96000
|
3
|
0.05
|
288000
|
0.11
|
756
|
252
|
3000
|
0
|
3
|
0
|
0
|
-756
|
99000
|
9
|
0.15
|
891000
|
0.35
|
2340
|
260
|
3000
|
1
|
9
|
3000
|
0.45
|
660
|
102000
|
10
|
0.16
|
1020000
|
0.4
|
2678
|
267.8
|
3000
|
1
|
10
|
3000
|
0.45
|
322
|
105000
|
4
|
0.06
|
420000
|
0
16 |
1103
|
27575
|
3000
|
0
|
4
|
0
|
0
|
-1103
|
108000
|
7
|
0.11
|
756000
|
0.29
|
1985
|
283.57
|
3000
|
1
|
7
|
3000
|
0.45
|
1015
|
96000
|
3
|
0.05
|
288000
|
0.11
|
756
|
252
|
3000
|
0
|
3
|
0
|
0
|
-756
|
111000
|
4
|
0.06
|
444000
|
017
|
1166
|
291.5
|
3000
|
0
|
4
|
0
|
0
|
-1166
|
114000
|
3
|
0.05
|
342000
|
0.13
|
898
|
299.33
|
3003
|
0
|
3
|
0
|
0
|
-898
|
117000
|
1
|
0.01
|
117000
|
0.04
|
307
|
307
|
3000
|
0
|
1
|
0
|
0
|
-307
|
120000
|
21
|
0.35
|
2520000
|
0.99
|
6617
|
315.1
|
3000
|
2
|
21
|
6000
|
0.9
|
-617
|
123000
|
6
|
0.1
|
738000
|
0.29
|
1938
|
323
|
3000
|
1
|
6
|
3000
|
0.45
|
1062
|
126000
|
6 |
0.1
|
756000
|
0.29
|
1935 |
330.83
|
3060
|
1
|
6
|
3000
|
0.45
|
1015
|
129000
|
5
|
0.08
|
645000
|
0.25
|
1694
|
338.8
|
3000
|
1
|
5
|
3000
|
0.45
|
1306
|
132000
|
6
|
0.1
|
792000
|
0.31
|
2080
|
346.67
|
3000
|
1
|
6
|
3000
|
0.45
|
920
|
135000
|
9
|
0.15
|
1215000
|
0
47 |
3190
|
354.44
|
3000
|
1
|
9
|
3000
|
0
45 |
-190
|
138000
|
3
|
0.05
|
414000
|
0.16
|
1087
|
362.33
|
3000
|
0
|
3
|
0
|
0
|
-1087
|
141000
|
1
|
0.01
|
141000
|
0.05
|
370
|
370
|
3000
|
0
|
1
|
0
|
0
|
-370
|
144000
|
2
|
0.03
|
288000
|
0.11
|
756
|
378
|
3000
|
0
|
2
|
0
|
0
|
-756
|
147000
|
3
|
0.05
|
441000
|
0.17
|
1158
|
386
|
3000
|
0
|
3
|
0
|
0
|
-1158
|
150000
|
12
|
0.2
|
1800000
|
0.7
|
4726
|
393.83
|
3000
|
2
|
12
|
6000
|
0.9
|
1274
|
153000
|
7
|
0.11
|
1071000
|
0.42
|
2812
|
401.71
|
3000
|
1
|
7
|
3000
|
0.45
|
188
|
156000
|
3
|
0.05
|
468000
|
0.18
|
1229
|
409.67
|
3000
|
0
|
3
|
0
|
0
|
-1229
|
159000
|
3
|
0.05
|
477000
|
0.18
|
1253
|
417.67
|
3000
|
0
|
3
|
0
|
0
|
-1253
|
162000
|
1
|
0.01
|
162000
|
0.06
|
425
|
425
|
3000
|
0
|
1
|
0
|
0
|
-425
|
165000
|
4
|
0.06
|
660000
|
0
26 |
1733
|
433.25
|
3000
|
1
|
4
|
3000
|
0.45
|
1267
|
168000
|
1
|
0.01
|
168000
|
0
06 |
441
|
441
|
3000
|
0
|
1
|
0
|
0
|
-441
|
171000
|
3
|
0.05
|
513000
|
0.2
|
1347
|
449
|
3000
|
0
|
3
|
0
|
0
|
-1347
|
180000
|
8
|
0.13
|
1440000
|
0.56
|
3781
|
472.63
|
3000
|
1
|
8
|
3000
|
0.45
|
-781
|
186000
|
2
|
0.03
|
372000
|
014
|
977
|
488.5
|
3000
|
0
|
2
|
0
|
0
|
-977
|
189000
|
1
|
0.01
|
189000
|
0.07
|
496
|
496
|
3000
|
0
|
1
|
0
|
0
|
-496
|
192000
|
1
|
0.01
|
192000
|
0.07
|
504
|
504
|
3000
|
0
|
1
|
0
|
0
|
-504
|
195000
|
9
|
0.15
|
1755000
|
0.69
|
4608
|
512
|
3000
|
2
|
9
|
6000
|
0.9
|
1392
|
198000
|
1
|
0.01
|
198000
|
0.07
|
520
|
520
|
3000
|
0
|
1
|
0
|
0
|
-520
|
201000
|
1
|
0.01
|
201000
|
0.07
|
528
|
528
|
3000
|
0
|
1
|
0
|
0
|
-528
|
201000
|
1
|
0.01
|
201000
|
0.07
|
528
|
528
|
3000
|
0
|
1
|
0
|
0
|
-528
|
204000
|
1
|
0.01
|
204000
|
0.08
|
536
|
536
|
3000
|
0
|
1
|
0
|
0
|
-536
|
210000
|
4
|
0.06
|
840000
|
0.33
|
2206
|
551.5
|
3000
|
1
|
4
|
3000
|
0.45
|
794
|
195000
|
9
|
0.15
|
1755000
|
0.69
|
4608
|
512
|
3000
|
2
|
9
|
6000
|
0
|
1392
|
219000
|
2
|
0.03
|
438000
|
0.17
|
1150
|
575
|
3000
|
0
|
2
|
0
|
0
|
*1150
|
225000
|
3
|
0.05
|
675000
|
0.26
|
1772
|
590.67
|
3000
|
1
|
3
|
3000
|
0.45
|
1228
|
228000
|
2
|
0.03
|
456000
|
017
|
1197
|
598.5
|
3000
|
0
|
2
|
0
|
0
|
-1197
|
231000
|
2
|
0.03
|
462000
|
0.18
|
1213
|
606.5
|
3000
|
0
|
2
|
0
|
0
|
-1213
|
240000
|
5
|
0.08
|
1200000
|
047
|
3151
|
630,2
|
3000
|
1
|
5
|
3000
|
0.45
|
-151
|
243000
|
2
|
0.03
|
486000
|
0.19
|
1276
|
638
|
3000
|
0
|
2
|
0
|
0
|
'1276
|
246000
|
2
|
0.03
|
492000
|
0.19
|
1292
|
646
|
3000
|
0
|
2
|
0
|
0
|
-1292
|
249000
|
11
|
0.18
|
2739000
|
1.07
|
7192
|
653.82
|
3000
|
2
|
11
|
6000
|
09
|
-1192
|
252000
|
4
|
0.06
|
1008000
|
0.39
|
2647
|
661.75
|
3000
|
1
|
4
|
3000
|
0.45
|
353
|
255000
|
7
|
0.11
|
1785000
|
0.7
|
4687
|
669.57
|
3000
|
2
|
7
|
6000
|
0.9
|
1313
|
258000
|
1
|
0.01
|
258000
|
0.1
|
677
|
677
|
3000
|
0
|
1
|
0
|
0
|
-677
|
261000
|
3
|
0.05
|
783000
|
0.3
|
2056
|
685.33
|
3000
|
1
|
3
|
3000
|
0.45
|
944
|
264000
|
1
|
0.01
|
264000
|
01
|
693
|
693
|
3000
|
0
|
1
|
0
|
0
|
-693
|
270000
|
4
|
0.06
|
1080000
|
0.42
|
2836
|
709
|
3000
|
1
|
4
|
3000
|
0.45
|
164
|
273000
|
1
|
0.01
|
273000
|
0.1
|
717
|
717
|
3000
|
0
|
1
|
0
|
0
|
-717
|
285000
|
3
|
0.05
|
855000
|
6.33
|
2245
|
748.33
|
3000
|
1
|
3
|
3000
|
0.45
|
755
|
288000
|
1
|
0.01
|
288000
|
0.11
|
756
|
756
|
3000
|
0
|
1
|
0
|
0
|
-756
|
204000
|
1
|
0.01
|
294000
|
0.11
|
772
|
772
|
3000
|
0
|
1
|
0
|
0
|
-772
|
300000
|
3
|
0.05
|
900000
|
0.35
|
2363
|
787.67
|
3000
|
1
|
3
|
3000
|
0.45
|
637
|
303000
|
1
|
0.01
|
303000
|
0.11
|
796
|
796
|
3000
|
0
|
1
|
0
|
0
|
-796
|
306000
|
1
|
0.01
|
306000
|
0.12
|
804
|
804
|
3000
|
0
|
1
|
0
|
0
|
-804
|
309000
|
1
|
0.01
|
309000
|
0.12
|
811
|
811
|
3000
|
0
|
1
|
0
|
0
|
-811
|
315000
|
1
|
0.01
|
315000
|
0.12
|
827
|
827
|
3000
|
0
|
1
|
0
|
0
|
-827
|
300000
|
3
|
0.05
|
972000
|
0.38
|
2552
|
850.67
|
3000
|
1
|
3
|
3000
|
0.45
|
448
|
336000
|
1
|
0.01
|
336000
|
0.13
|
882
|
882
|
3000
|
0
|
1
|
0
|
0
|
-882
|
345000
|
2
|
0.03
|
690000
|
0.27
|
1812
|
906
|
3000
|
1
|
2
|
3000
|
0.45
|
1188
|
354000
|
1
|
0.01
|
354000
|
0.13
|
930
|
930
|
3000
|
0
|
1
|
0
|
0
|
-930
|
360000
|
1
|
0.01
|
360000
|
0.14
|
945
|
945
|
3000
|
0
|
1
|
0
|
0
|
-945
|
363000
|
2
|
0.03
|
726000
|
0.28
|
1906
|
953
|
3000
|
1
|
2
|
3000
|
0.45
|
1094
|
366000
|
1
|
0.01
|
366000
|
0.14
|
961
|
961
|
3000
|
0
|
1
|
0
|
0
|
-961
|
369000
|
1
|
0.01
|
369000
|
6.14
|
969
|
969
|
3000
|
0
|
1
|
o
|
0
|
-969
|
375000
|
3
|
0.05
|
1125000
|
0.44
|
2954
|
984.67
|
3000
|
1
|
3
|
3000
|
0.45
|
46
|
381000
|
1
|
0.01
|
381000
|
0.15
|
1000
|
1000
|
3000
|
0
|
1
|
0
|
0
|
-1000
|
390000
|
1
|
0.01
|
390000
|
0.15
|
1024
|
1024
|
3000
|
0
|
1
|
0
|
0
|
-1024
|
396000
|
1
|
0.01
|
396000
|
0.15
|
1040
|
1040
|
3000
|
0
|
1
|
0
|
0
|
-1040
|
399000
|
2
|
0.03
|
798000
|
0.31
|
2095
|
1047.5
|
3000
|
1
|
2
|
3000
|
0.45
|
905
|
405000
|
1
|
0.01
|
405000
|
0.15
|
1063
|
1063
|
3000
|
0
|
1
|
0
|
0
|
-1063
|
414000
|
2
|
0.03
|
828090
|
0.32
|
2174
|
1087
|
3000
|
1
|
2
|
3000
|
0.45
|
826
|
417000
|
2
|
0.03
|
834000
|
0.32
|
2190
|
1095
|
3000
|
1
|
2
|
3000
|
0.45
|
810
|
420000
|
2
|
0.03
|
840000
|
0.33
|
2206
|
1103
|
3000
|
1
|
2
|
3000
|
0.45
|
794
|
432000
|
1
|
0.01
|
432000
|
0.17
|
1134
|
1134
|
3000
|
0
|
1
|
0
|
0
|
-1134
|
441000
|
1
|
0.01
|
441000
|
0.17
|
1158
|
1158
|
3000
|
0
|
1
|
0
|
0
|
-1158
|
450000
|
3
|
0.05
|
1350000
|
0.53
|
3545
|
1181.67
|
3000
|
1
|
3
|
3000
|
0.45
|
-545
|
456000
|
1
|
0.01
|
456000
|
0.17
|
1197
|
1197
|
3000
|
0
|
1
|
0
|
0
|
-1197
|
462000
|
1
|
0.01
|
462000
|
0.18
|
1213
|
1213
|
3000
|
0
|
1
|
0
|
6
|
-1213
|
489000
|
1
|
0.01
|
489000
|
0.19
|
1284
|
1284
|
3000
|
0
|
1
|
0
|
0
|
-1284
|
495000
|
1
|
0.01
|
495000
|
0.19
|
1300
|
1300
|
3000
|
0
|
1
|
0
|
0
|
-1300
|
498000
|
2
|
0.03
|
996000
|
0.39
|
2615
|
1307.5
|
3000
|
1
|
2
|
3000
|
0.45
|
385
|
525000
|
1
|
0.01
|
525000
|
0.2
|
1379
|
1379
|
3000
|
0
|
1
|
0
|
0
|
-1379
|
531000
|
1
|
0.01
|
531000
|
0.2
|
1394
|
1394
|
3000
|
1
|
1
|
3000
|
0.45
|
1606
|
540000
|
1
|
0.01
|
540000
|
0.21
|
1418
|
1418
|
3000
|
1
|
1
|
3000
|
0.45
|
1582
|
579000
|
i
|
0.01
|
579000
|
0.22
|
1520
|
1520
|
3000
|
1
|
1
|
3000
|
0.45
|
1480
|
600000
|
1
|
0.01
|
600000
|
0.23
|
1575
|
1575
|
3000
|
1
|
1
|
3000
|
0.45
|
1425
|
621000
|
1
|
0.01
|
621000
|
0.24
|
1631
|
1631
|
3000
|
1
|
1
|
3000
|
0.45
|
1369
|
630000
|
3
|
0.05
|
1890000
|
0.74
|
4963
|
1654.33
|
3000
|
2
|
3
|
6000
|
0.9
|
1037
|
633000
|
1
|
0.01
|
633000
|
0.24
|
1662
|
1662
|
3000
|
1
|
1
|
3000
|
0.45
|
1338
|
645000
|
1
|
0.01
|
645000
|
0.25
|
1694
|
1694
|
311011
|
1
|
1
|
3000
|
0.45
|
1306
|
654000
|
1
|
0.01
|
654000
|
0.25
|
1717
|
1717
|
3000
|
1
|
1
|
3000
|
0.45
|
1283
|
657000
|
1
|
0.01
|
657000
|
0.25
|
1725
|
1725
|
3000
|
1
|
1
|
3000
|
0.45
|
1275
|
669000
|
1
|
0.01
|
669000
|
0.26
|
1757
|
1757
|
3000
|
1
|
1
|
3000
|
0.45
|
1243
|
684000
|
1
|
0.01
|
684000
|
0.26
|
1796
|
1796
|
3000
|
1
|
1
|
3000
|
0.45
|
1204
|
699000
|
1
|
0.01
|
699000
|
0.27
|
1835
|
1835
|
3000
|
1
|
1
|
3000
|
0.45
|
1165
|
711000
|
1
|
0.01
|
711000
|
0.28
|
1867
|
1867
|
3000
|
1
|
1
|
3000
|
0.45
|
1133
|
729000
|
1
|
0.01
|
729000
|
0.28
|
1914
|
1914
|
3000
|
1
|
1
|
3000
|
0.45
|
1086
|
732000
|
1
|
0.01
|
732000
|
0.28
|
1922
|
1922
|
3000
|
1
|
1
|
3000
|
0.45
|
1078
|
750000
|
2
|
0.03
|
1500000
|
0.59
|
3939
|
1969.5
|
3000
|
1
|
2
|
3000
|
0.45
|
-939
|
804000
|
1
|
0.01
|
804000
|
0.31
|
2111
|
2111
|
3000
|
1
|
1
|
3000
|
0.45
|
889
|
807000
|
2
|
0.03
|
1614000
|
0.63
|
4238
|
2119
|
3000
|
1
|
2
|
3000
|
0.45
|
-1238
|
816000
|
1
|
0.01
|
816000
|
0.32
|
243
|
2143
|
3000
|
1
|
1
|
3000
|
0.45
|
857
|
822000
|
1
|
0.01
|
822000
|
0.32
|
2158
|
2158
|
3000
|
1
|
1
|
3000
|
0.45
|
842
|
825000
|
2
|
0.03
|
1650000
|
0.65
|
4333
|
2166.5
|
3000
|
1
|
2
|
3000
|
0.45
|
-1333
|
828000
|
1
|
0.01
|
828000
|
0.32
|
2174
|
2174
|
3000
|
1
|
1
|
3000
|
0.45
|
826
|
843000
|
2
|
0.03
|
1686000
|
0.66
|
4427
|
2213.5
|
3000
|
1
|
1
|
6000
|
0.9
|
1573
|
855000
|
1
|
0.01
|
855000
|
0.33
|
2245
|
2245
|
3000
|
1
|
1
|
3000
|
0.45
|
755
|
861000
|
1
|
0.01
|
861000
|
0.33
|
2261
|
2261
|
3000
|
1
|
1
|
3000
|
0.45
|
739
|
870000
|
2
|
0.03
|
1740000
|
0.68
|
4569
|
2284.5
|
3000
|
1
|
1
|
6000
|
0.9
|
1431
|
873000
|
1
|
0.01
|
873000
|
0.34
|
2292
|
2292
|
3000
|
1
|
1
|
3000
|
0.45
|
708
|
876000
|
1
|
0.01
|
876000
|
0.34
|
2300
|
2300
|
3000
|
1
|
1
|
3000
|
0.45
|
700
|
882000
|
1
|
0.01
|
882000
|
0.34
|
2316
|
2316
|
3000
|
1
|
1
|
3000
|
0.45
|
684
|
891000
|
1
|
0.01
|
891000
|
0.35
|
2340
|
2340
|
3000
|
1
|
1
|
3000
|
0.45
|
660
|
900000
|
2
|
0.03
|
1800000
|
0.7
|
4726
|
2363
|
3000
|
1
|
1
|
6000
|
0.9
|
1274
|
903000
|
1
|
0.01
|
903000
|
0.35
|
2371
|
2371
|
3000
|
1
|
1
|
3000
|
0.45
|
629
|
921000
|
1
|
0.01
|
921000
|
0.36
|
2418
|
2418
|
3000
|
1
|
1
|
3000
|
0.45
|
582
|
966000
|
1
|
0.01
|
966000
|
0.38
|
2537
|
2537
|
3000
|
1
|
1
|
3000
|
0.45
|
463
|
969000
|
2
|
0.03
|
1938000
|
0.76
|
5089
|
2544.5
|
3000
|
1
|
1
|
6000
|
0.9
|
911
|
972000
|
1
|
0.01
|
972000
|
0.38
|
2552
|
2552
|
3000
|
1
|
1
|
3000
|
0.45
|
448
|
975000
|
1
|
0.01
|
975000
|
0.38
|
2560
|
2560
|
3000
|
1
|
1
|
3000
|
0.45
|
440
|
978000
|
1
|
0.01
|
978000
|
0.38
|
2568
|
2568
|
3000
|
1
|
1
|
3000
|
0.45
|
432
|
907000
|
1
|
0.01
|
987000
|
0.38
|
2592
|
2592
|
3000
|
1
|
1
|
3000
|
0.45
|
408
|
903000
|
1
|
0.01
|
903000
|
0.35
|
2371
|
2371
|
3000
|
1
|
1
|
3000
|
0.45
|
629
|
990000
|
1
|
0.01
|
990000
|
0.39
|
2600
|
2600
|
3000
|
1
|
1
|
3000
|
0,45
|
400
|
1017000
|
1
|
0.01
|
1017000
|
0.4
|
2670
|
2670
|
3000
|
1
|
1
|
3000
|
0.45
|
330
|
1032000
|
1
|
0.01
|
1032000
|
0.4
|
2710
|
2710
|
3000
|
1
|
1
|
3000
|
0.45
|
290
|
1050000
|
1
|
0.01
|
1050000
|
0.41
|
2757
|
2757
|
3000
|
1
|
1
|
3000
|
0.45
|
243
|
1080000
|
1
|
0.01
|
1080000
|
0.42
|
2836
|
2836
|
3000
|
1
|
1
|
3000
|
0.45
|
164
|
1104000
|
1
|
0.01
|
1104000
|
0.43
|
2899
|
2899
|
3000
|
1
|
1
|
3000
|
0.45
|
101
|
1107000
|
1
|
0.01
|
1107000
|
0.43
|
2907
|
2907
|
3000
|
1
|
1
|
3000
|
0.45
|
93
|
1113000
|
1
|
0.01
|
1113000
|
0.43
|
2923
|
2923
|
3000
|
1
|
1
|
3000
|
0.45
|
77
|
1119000
|
1
|
0.01
|
1119000
|
0.44
|
2938
|
2938
|
3000
|
1
|
1
|
3000
|
0.45
|
62
|
1125000
|
1
|
0.01
|
1125000
|
0.44
|
2954
|
2954
|
3000
|
1
|
1
|
3000
|
0.45
|
46
|
1137000
|
1
|
0.01
|
1137000
|
0.44
|
2986
|
2986
|
3000
|
1
|
1
|
3000
|
0.45
|
14
|
1155000
|
1
|
0.01
|
1155000
|
0.45
|
3033
|
3033
|
3000
|
1
|
1
|
3000
|
0.45
|
-33
|
1209000
|
1
|
0.01
|
1209000
|
0.47
|
3175
|
3175
|
3000
|
1
|
1
|
3000
|
0.45
|
-175
|
1224000
|
1
|
0.01
|
1224000
|
0.48
|
3214
|
3214
|
3000
|
1
|
1
|
3000
|
0.45
|
-214
|
1245000
|
2
|
0.03
|
2490000
|
0.98
|
6538
|
3269
|
3000
|
1
|
1
|
6000
|
0
9 |
-538
|
1248000
|
1
|
0.01
|
1248000
|
0.49
|
3277
|
3277
|
3000
|
1
|
1
|
3000
|
0.45
|
-277
|
1260000
|
1
|
0.01
|
1260000
|
0.49
|
3309
|
3309
|
3000
|
1
|
1
|
3000
|
0.45
|
-309
|
1263000
|
1
|
0.01
|
1263000
|
0.49
|
3316
|
3316
|
3000
|
1
|
1
|
3000
|
0.45
|
-316
|
1272000
|
1
|
0,01
|
1272000
|
0.5
|
3340
|
3340
|
3000
|
1
|
1
|
3000
|
6.45
|
-340
|
1287000
|
1
|
0.01
|
1287000
|
0.5
|
3379
|
3379
|
3000
|
1
|
1
|
3000
|
0.45
|
-379
|
1290000
|
1
|
0.01
|
1290000
|
0.5
|
3387
|
3387
|
3000
|
1
|
1
|
3000
|
0.45
|
-387
|
1350000
|
2
|
0.03
|
2700000
|
1.06
|
7090
|
3545
|
3000
|
1
|
1
|
6000
|
0.9
|
-1090
|
1353000
|
1
|
0.01
|
1353000
|
0.53
|
3553
|
3553
|
3000
|
1
|
1
|
3000
|
0.45
|
-553
|
1383000
|
1
|
0.01
|
1383000
|
0.54
|
3632
|
3632
|
3000
|
1
|
1
|
3000
|
0.45
|
-632
|
1395000
|
1
|
0.01
|
1395000
|
0.55
|
3663
|
3663
|
3000
|
1
|
1
|
3000
|
0.45
|
-663
|
1407000
|
2
|
0.03
|
2814000
|
1.1
|
7389
|
3694.5
|
3000
|
1
|
1
|
6000
|
0.9
|
-1389
|
1419000
|
1
|
0.01
|
1419000
|
0.55
|
3726
|
3726
|
3000
|
1
|
1
|
3000
|
0.45
|
-726
|
1431000
|
1
|
0.01
|
1431000
|
0.56
|
3758
|
3758
|
3000
|
1
|
1
|
3000
|
0.45
|
-?58
|
1509000
|
1
|
0.01
|
1509000
|
0.59
|
3962
|
3962
|
3000
|
1
|
1
|
3000
|
0.45
|
-962
|
1515000
|
1
|
0.01
|
1515000
|
0.59
|
3978
|
3978
|
3000
|
1
|
1
|
3000
|
0.45
|
-978
|
1545000
|
1
|
0.01
|
1545000
|
0.6
|
4057
|
4057
|
3000
|
1
|
1
|
3000
|
0.45
|
-1057
|
1590000
|
1
|
0.01
|
1590000
|
0.62
|
4175
|
4175
|
3000
|
1
|
1
|
3000
|
0.45
|
-1175
|
1620000
|
21
|
0.35
|
34020000
|
13.41
|
89330
|
4253.81
|
3000
|
1
|
1
|
63000
|
9.45
|
-26330
|
1620000
|
-
|
-
|
-
|
-
|
-
|
-
|
3000
|
9
|
21
|
27000
|
4.05
|
27000
|
1017000
|
1
|
0.01
|
1017000
|
0.4
|
2670
|
2670
|
3000
|
1
|
1
|
3000
|
0.45
|
330
|
1032000
|
1
|
0.01
|
1032000
|
0.4
|
2710
|
2710
|
3000
|
1
|
1
|
3000
|
0.45
|
290
|
1050000
|
1
|
0.01
|
1050000
|
0.41
|
2757
|
2757
|
3000
|
1
|
1
|
3000
|
0.45
|
243
|
1080000
|
1
|
0.01
|
1080000
|
0.42
|
2836
|
2836
|
3000
|
1
|
1
|
3000
|
0.45
|
164
|
1590000
|
1
|
0.01
|
1590000
|
0.62
|
4175
|
4175
|
3000
|
1
|
1
|
3000
|
0.45
|
-1175
|
1620000
|
21
|
0.35
|
34020000
|
13.41
|
89330
|
4253.81
|
3000
|
1
|
1
|
63000
|
9.45
|
-26330
|
1620000
|
-
|
-
|
-
|
-
|
-
|
-
|
3000
|
9
|
21
|
27000
|
4.05
|
27000
|
The Board of Directors of the Company at Its meeting held on March 15,
2023 has taken on record the Basis of Allotment of Equity Shares approved by the
Designated Stock Exchange viz. National Stock Exchange of India 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 lilted in the
application form on or before March 16, 2023 Further, the instructions to SCSBs has been
issued on March 16, 2023 for unblocking of funds The request for electronic credit of
Equity Shares will be made to Depositories on or before March 16, 2023. 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 receded 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 EMERGE Platform of National Stock Exchange of India Limited
within six working days from the date of the closure of the Issue. Our Company wilt file
listing application on or before March 17, 2023 with NSE. The trading is proposed to be
commenced on or before March 20, 2023 (Subject to receipt of listing and trading approvals
from NSE).
The details of the allotment made will be hosted on the website of the
Registrar to the Issue at www.linkintime.co.in.
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:
 |
LINK INTIME
INDIA PRIVATE LIMITED |
C-101, 247 Park,
1 st Floor, L.B.S Marg, Vlkhroli West, Mumbai - 400 083 Maharashtra, India |
Contact
Person : Shanti Gopalkrishnan Tel: +91 22 4918 6200 Email: mconrasayan.ipo@linkintime.co.in |
Website: www.linkintime.co.in SEBI Registration
No.: INR000004058 CIN: U67190MH1999PTC118368 |
|
For MCON Rasayan India
Limited |
|
On behalf of the Board of
Directors |
|
Sd/- |
|
Mr. Mahesh Ravji
Bhanushali |
Date: March 17, 2023 |
Managing Director |
Place: Mumbai |
(DIN- 07385072) |
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 MCON
RASAYAN INDIA LIMITED.
Note: All capitalized terms used and not defined
herein shall have the respective meanings assigned to them in the Prospectus
MCON Rasayan India Limited is proposing, subject to market conditions,
public issue of its equity shares and has filed the Prospectus with the Registrar of
Companies, Mumbai. The Prospectus is available on the website of SEBI at www.sebi.gov.in, the website ol the Lead Manager at www.gyrcapitaladvisors.com, website of the
National Stock Exchange of India Limited at www.nseindia.com and Website of Issuer Company
at www.mconrasayan.com Investors should note that investment in Equity Shares involves a
high degree ol risk. For details, investors shall refer to and rely on the Prospectus
including the section titled Risk Factors beginning on Page No. 26 of the
Prospectus, which has been filed with ROC. The Equity Shares have not been and will not be
registered under the US Securities Act (the "Securities Act") or any state
securities law in United States and may not be issued or sold within the United States or
to or for the account or benefit of, "U.S. persons" (as defined In the
Regulations under the Securities Act), except pursuant to an exemption from, or in a
transaction not subject to the registration requirements of the Securities Act of 1933.