|Basis of Allotment|
Aurionpro Solutions Limited
(The Company was incorporated on October 31, 1997 as Value Added Information Distribution Services Privated Limited. The name of our Company was changed to VAIDS Technologies Privated Limited on April 30, 2001 and subsequently to Aurionpro Solutions Privated Limited on September 18, 2003. The Company was converted into a public limited company on March 09, 2005.)
Registered Office: 1D, Dhiraj Pen Compound, 58/59, Andheri-Kurla Road, Andheri East, Mumbai-400 059, India
(At the time of incorporation, the Registered Office of the Company was situated at 404, Gold Mohur, 174, Princess Street, Mumbai-400 002. With effect from December 17, 2004, the Registered Office of the Company was situated at 404, Gold Mohur, 174, Princess Street, Mumbai-400 002. With effect from December 17, 2004, the Registered Office of the Company is shifted to the present address).
Tel.+91-22-2825 2721/22/23, Fax: +91-22-2832 1932, Email: firstname.lastname@example.org, Website:www.aurionprosolutions.com
Corporate Office : 1st floor, Udyog Sadan III, MIDC, Andheri East, Mumbai-400 093, India
Compliance Officer: Ms.Angna Arora, Company Secretary
PUBLIC ISSUE OF 30,00,000 EQUITY SHARES OF RS.10/- EACH ISSUED FOR CASH AT A PRICE OF RS.90/- (INCLUDING PREMIUM OF RS.80/-) PER SHARE AGGREGATING RS.2700.00 LACS (HEREINAFTER REFERRED TO AS "THE ISSUE") INCLUDING EMPLOYEE RESERVATION OF 2,50,000 EQUITY SHARES OF RS.10/- EACH ISSUED FOR CASH AT A PRICE OF RS.90/- PER SHARE AND THE NET ISSUE TO THE PUBLIC OF 27,50,000 EQUITY SHARES OF RS.10/- EACH ISSUED FOR CASH AT A PRICE OF RS.90/- PER SHARE. THE ISSUE CONSTITUTES 25.44% OF THE FULLY DILUTED POST ISSUE PAID-UP CAPITAL OF THE COMPANY. THE FACE VALUE PER EQUITY SHARE IS RS.10/- EACH AND THE ISSUE PRICE IS 9 TIMES OF THE FACE VALUE
The Issue made through the 100% book building process wherein atleast 50% of the Issue was to be allocated on a discretionary basis to Qualified Institutional Buyers(QIBs). Further, not more than 15% of the Issue was to be made available for allocation on a proportionate basis to Non-Institutional Bidders and not less than 35% of the Issue was to be made available for allocation on a proportionate basis to Retail Bidders, subject to valid bids being received at or above the Issue Price.
The Board of Directors of Aurionpro Solutions Limited wish to thank the Investing Public for their response to the Issue which opened on September 27, 2005 and closed on October 4, 2005. The Issue received 68133 applications for 37229960 equity shares(Including reserved category for Employees) resulting in 12.41 times subscription. The details of the valid applications received in the Issue from Retail, Non Institutional Investor, and Qualified Institutional Investor and Employee categories are as under:
The Basis of Allotment was finalized In consultation with Bombay Stock Exchange Limited
on October 14,2005,
B. Allocation to Non Institutional Investors
D. Allocation to Employees
The Board of Directors of the Company at it's Meeting held at Mumbal on October 17,2005 has approved the basis of allocation as above and the shares to various successful applicants have been allotted accordingly.
The CAN cum Refund Orders in respect of the refund due to the applicants are being dispatched to the address of the Investors as registered with the depositories. In case the same is not received within ten days, Investors may contact at the address given below. The Refund orders have been printed with the Bank mandate details as registered., if any with the depositories. The Shares allocated to successful applicants have been credited to their beneficiary accounts subject to validation of the account details with the depositories concerned. Aurionpro Solutions Limited is taking steps to get the equity shares admitted for trading on Bombay Stock Exchange Limited and National Stock Exchange of India Limited within seven working days from the date of approval of the basis of allocation.
INVESTORS PLEASE NOTE
BIGSHARE SERVICES PRIVATE LIMITED
Contact Person: Mr.V.Kumaresan
THE 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 AURIONPRO SOLUTIONS LIMITED