Basis of Allotment

THIS IS A PUBLIC ANNOUNCEMENT FOR INFORMATION PURPOSES ONLY AND IS NOT A PROSPECTUS ANNOUNCEMENT. THIS DOES NOT CONSTITUTE AN INVITATION OR OFFER TO ACQUIRE, PURCHASE OR SUBSCRIBE TO SECURITIES. THIS PUBLIC ANNOUNCEMENT IS NOT INTENDED FOR PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY OUTSIDE INDIA

wpe142.jpg (14328 bytes) MACOBS TECHNOLOGIES LIMITED
(Formerly known as Macobs Technologies Private Limited)
Corporate Identity Numbers: U74999RJ2019PLC066608

Our Company was originally incorporated as a private limited company under the Companies Act. 2013 in the name and style ot "Macobs Technologies Private Limited" bearing Corporate Identification Number U74999RJ2019PTC066608 dated October 14.2019 issued by the Registrar ol Companies. Rajasthan. Subsequently, the name of our Company was changed to 'Macobs Technologies Limited" and a fresh Certificate of Incorporation dated August 07.2023 was issued by the Registrar of Companies. Rajasthan. The Corporate Identification Number of our Company is U74999RJ2019PLC066608.

Registered Office: Plot No. A-305. Backside National Handloom Corp. Vaishali Nagar. Jaipur. Rajasthan. India. 302021 Website: https://macobstech.com:
E-Mail: compliance@macobstech.com: Telephone No: +91 8062195170 Company Secretary and Compliance Officers: Ankita Soni
PROMOTERS OF OUR COMPANY: SHIVAM BHATEJA, DUSHYANT GANDOTRA AND DIVYA GANDOTRA

The issue is being made in accordance with chapter IX of the SEBIICDR Regulation (IPO of Small and Medium Enterprises) and the equity shares are proposed to be listed on Emerge Platform of NSE

BASIS OF ALLOTMENT CUM CORRIGENDUM

INITIAL PUBLIC ISSUE OF 25.95.200 EQUITY SHARES OF FACE VALUE OF Rs. 10/- EACH OF MACOBS TECHNOLOGIES LIMITED ("MTL" OR THE "COMPANY" OR THE "ISSUER") FOR CASH AT A PRICE OF Rs. 75/- PER EQUITY SHARE INCLUDING A SHARE PREMIUM OF Rs.65/- PER EQUITY SHARE (THE "ISSUE PRICE") AGGREGATING TO RS. 1946.40 LAKHS ("THE ISSUE"), OF WHICH 1,31,200 EQUITY SHARES OF FACE VALUE OF Rs. 10/- EACH FOR CASH AT A PRICE OF Rs. 75/- PER EQUITY SHARE INCLUDING A SHARE PREMIUM OF Rs. 65/- PER EQUITY SHARE AGGREGATING TO Rs. 98.40 LAKHS WERE 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 24,64,000 EQUITY SHARES OF FACE VALUE OF Rs. 10/- EACH AT A PRICE OF Rs. 75/- PER EQUITY SHARE INCLUDING A SHARE PREMIUM OF Rs. 65/- PER EQUITY SHARE AGGREGATING TO Rs. 1848.00 LAKHS WAS HEREINAFTER REFERRED TO AS THE "NET ISSUE". THE ISSUE AND THE NET ISSUE CONSTITUTED 26.49% AND 25.16%. RESPECTIVELY. OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY. THE FACE VALUE OF THE EQUITY SHARES WAS Rs. 10/- EACH.

ISSUE PRICE: RS. 75.00 PER EQUITY SHARES OF FACE VALUE RS. 10/- EACH. THE ISSUE PRICE IS 7.50 TIMNES OF THE FACE VALUE
RISK TO INVESTOR:

1. Our Equity Shares have never been publicty traded and may experience price and volume fluctuations following the complebon of the Issue. Further, our Equity Shares may not result in an active or liquid market and the price of our Equity Shares may be volatile and you may be unable to resell your Equity Shares at or above the Issue Price or at all.

2. The Merchant Banker associated with the Issue has not handled any public issues in the past three years.

3. The average cost of acquisition of Equity Shares by our Promoters is as follows:

Sr. No. Name of Promoters and Selling Shareholders No. of Shares held Average cost of Acquisition (in Rs.)
1 Dushyant Gandotra 23.38.560 7.19
2 Shivam Bhateja 23.38,560 7.19
3 Divya Gandotra 720 7.19

4. Weighted average cost of acquisition:

Types of transactions Weighted average cost of acquisition (Rs. per Equity Shares)
Weighted average cost of acquisition of primary / new issue of shares. 7.19
Weighted average cost of acquisition for secondary sale / acquisition of shares. 10.00
ANCHOR INVESTOR BIDDING DATE WAS: MONDAY, JULY 15, 2024
BID/ISSUE OPENED ON: TUESDAY, JULY 16, 2024; BID/ ISSUE CLOSED FRIDAY, JULY 19, 2024

This Issue was been made through the 8ook Building Process, in terms ol Rule 19(2)(b) of the Securities Contracts (Regulation) Rules. 1957. as amended ('SCRR") read with Regulation 229 of the SEBIICDR Regulations and in compliance with Regulation 253 of the SEBIICDR Regulations, wherein not more than 30.00% of the Net Issue shall be available for allocation on a proportionate basis to Qualified Institutional Buyers ("QIBs") (the 'QIB Portion'). Further. 5.00% of the Net QlB Portion shall be available for allocation on a proportionate basis to Mutual Funds only, and the remainder of the Net QIB Portion shall be available for allocation on a proportionate basis to all QlB Bidders, including Mutual Funds, subject to valid Bids being received at or above the Issue Price. However, if the aggregate demand from Mutual Funds is less than 5 00% of the Net QIB Portion, the balance Equity Shares available for allocation in the Mutual Fund Portion will be added to the remaining Net QIB Portion for proportionate allocation to QIBs. Further, not less than 35.00% of the Net Issue shall be available for allocation on a proportionate basis to Non-lnstitutional Investors and not less than 35.00% of the Net Issue shall be available for allocation to Retail Individual Investors in accordance with the SEBI ICDR Regulations, subject to valid Bids being received from them at or above the Issue Price. All Bidders are required to participate in the Issue by mandatorily utilizing the Application Supported by Blocked Amount ("ASBA") process by providing details of their respective ASBA Account (as defined hereinafter) in which the corresponding Bid Amounts will be blocked by the Self Certified Syndicate Banks ("SCSBs") or under the UPI Mechanism, as the case may be. to the extent of respective Bid Amounts. Anchor Investors are not permitted to participate in the Issue through the ASBA process. For details, see "Issue Procedure" on page 197 of the Prospectus.

The bidding for Anchor investors was opened and closed on Monday. July 15.2024. The company received 3 Anchor Investors' applications for 8.01.600 Equity Shares. The Anchor Investor Allocation Price was finalized at * 75.00 per Equity Share. A total of 4.43.200 Equity Shares were allotted under the Anchor Investor portion aggregating to Rs. 3.32.40.000.

The issue (excluding Anchor Investor Portion) received applications for Equity Shares (before Technical rejections and after invalid bids Multipie/Dupiicate) resulting In times subscription (including reserved portion of market maker). The Details of the total Valid Applications received in the 1.07.060 issues are for Equity Shares from various categories and are as under:

Detail of the Before Rejection Applications Received:

Sr. No. Category No. of Applications No. of Equity Shares Reserved No. of times Subscribed Amount
1 MARKET MAKER 1 1,31,200 1,31,200 1 98,40,000,00
2 ANCHOR 3 8,01,600 4,43,200 1.80 3,32,40,000
3 QIB 22 2,62,32,000 2,96,000 88.62 1,96,74,00,000
4 NIl 12,956 22,80,35,200 8,62,400 264.42 17,36,81,05,600
5 RETAIL 94,078 15,05,24,800 8,62,400 174.54 11,55,87,21,600
TOTAL 1,07,060 40,57,24,800 25,95,200 156.33 30,93,73,07,200,00

Final Demand

Sr. No. No Of Equity Shares % of Total Cumulative Total Cumulative % of Total
71 376000 0.08 376000 0.08
72 92800 0.02 468800 0.10
73 188800 0.04 657600 0.14
74 174400 0.04 832000 0.18
75 355801600 77.87 356633600 78.05
Cutoff Price(75) 100273600 21.95 456907200 100.00
Total 456907200 100

1) Allocation to Retail Individual Investors (After Technical Rejections & Withdrawal): The Basis of Allotment to the Retail Individual Investors, who have bid at cut-off Price or at or above the Issue Price of Rs. 75/- per equity shares, was finalized in consultation with NSE. The category was subscribed by 174.54 times i.e. for 15,05,24,800 Equity Shares. Total number of shares allotted in this category is 862400 Equity Shares to 539 successful applicants. The category wise details of the Basis of Allotment 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

Propor tionate shares available

Allocation per Applicant

Ration of allottees to applicants

Number of successful applicants (after rounding)

% to total

Total No. of shares allocated/ alloted

% to total

Surplus / Deficit (14)-(7)

Before Rounding off

After Rounding off

(1)

(2)

(3)

(4)

(5)

(6)

(7)

(8)

(9)

(10)

(12)

(13)

(14)

(15)

(16)

1

1600

94078

100

150524800

100

862400

9

1600

539

94078

539

100

862400

100

0

Grand Total

94078

100

150524800

100

862400

539

100

862400

100

0

2) Allocation to Non-lnstitutional Investors (Alter Technical Rejections & Withdrawal): The Basis of Allotment to Other than Retail Individual Investors, who have hid at Issue Price of Rs. 75/- per equity shares or above, was finalized in consultation with NSE. The category was subscribed by 264.42 times i.e. for 22,80,35,200 Equity Shares the total number of shares allotted m this category is 8.62,400 Equity Shares to 477 successful applicants. The category wise details of the Basis of Allotment are as under: (Sample Basis)

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

Propor tionate shares available

Allocation per Applicant

Ration of allottees to applicants

Number of successful applicants (after rounding)

% to total

Total No. of shares allocated/ alloted

%to total

Surplus,/ Deficit (14)-(7)

Before Rounding off

After Rounding off

(1)

(2)

(3)

(4)

(5)

(6)

(7)

(8)

(9)

(10)

(12)

(13)

(14)

(15)

(16)

1

3200

6741

51.78

21571200

9.45

81579.52

12

1600

17

2247

51

10.57

81600

9.46

20

2

4800

943

7.28

4526400

1.98

17118.27

18

1600

11

943

11

2.31

17600

2.04

482

3

6400

849

6.55

5433600

2.38

20549.18

24

1600

13

849

13

2.73

20800

2.41

251

4

8000

462

3.57

3696000

1.62

13977.8

30

1600

3

154

9

1.89

14400

1.66

422

5

9600

299

2.31

2870400

1.25

10855.49

36

1600

7

299

7

1.47

11200

1.29

345

45

73600

1

0.01

73600

0.03

278.35

278

1600

0

1

0

0

0

0

-278

46

75200

4

0.03

300800

0.13

1137.59

284

1600

1

4

1

0.21

1600

0.18

462

47

76800

2

0.02

153600

0.06

580.9

290

1600

0

1

0

0

0

0

-581

48

78400

8

006

627200

0.27

2371 99

296

1600

1

8

1

021

1600

0.18

-772

49

80000

19

0.15

1520000

0.66

5748 45

303

1600

4

19

4

084

6400

0.74

652

50

81600

6

0.05

489600

0.21

1851.6

309

1600

1

6

1

0.21

1600

0.18

-252

95

172800

1

0.01

172800

0.07

653.51

654

1600

0

1

0

0

0

0

-654

96

174400

1

0.01

174400

0.07

659.56

660

1600

0

1

0

0

0

0

-660

97

177600

3

0.02

532800

0.23

2014 98

672

1600

1

3

1

021

1600

0.18

-415

98

179200

1

0.01

179200

0.07

677.71

678

1600

0

1

0

0

0

0

-678

99

182400

3

0.02

547200

0.23

2069.44

690

1600

1

3

1

0.21

1600

0.18

-469

100

184000

1

0.01

184000

0.08

695.86

696

1600

0

1

0

0

0

0

-696

153

332800

1

0.01

332800

0.14

1258.61

1259

1600

1

1

1

0.21

1600

0.18

341

154

334400

1

0.01

334400

0.14

1264 66

1265

1600

1

1

1

021

1600

0,18

335

155

336000

1

0.01

336000

0.14

1270.71

1271

1600

1

1

1

0.21

1600

0.18

329

156

340800

1

0.01

340800

0.14

1288.86

1289

1600

1

1

1

0.21

1600

0.18

311

157

344000

2

0.02

688000

0.3

2601.93

1301

1600

1

1

2

0.42

3200

0.37

598

219

1480000

1

001

1480000

0.64

5597 17

5597

4800

1

1

1

021

4800

0.55

-797

220

1545600

1

0.01

1545600

0.67

5845.26

5845

6400

1

1

1

0.21

6400

0.74

555

221

1632000

1

0.01

1632000

0.71

6172.02

6172

6400

1

1

1

0.21

6400

0.74

228

222

1724800

8

0.06

13798400

6.05

52183.74

6523

6400

1

1

8

1.68

51200

5.93

-984

223

1724800

1600

1

8

0

0

1600

0.18

1600

Grand Total

12956

100

228035200

100

862399

477

100

862400

100

1

3) Allocation lo QIBs excluding Anchor Investors (Alter Technical Rejections & Withdrawal): The Basis of Allotment to QIBs. who have bid at Issue Price of Rs. 75/- per Equity Shares or above, was finalized in consultation with NSE. The category was subscribed by 86.62 times i.e. for 26232000 Equity shares the total number of shares allotted in this category is 296000 Equity Shares to 21 successful applicants. The category wise details of the Basis of Allotment are as under:

CATEGORY I FIS/BANKS MF'S ] ICS I NBFC'S AIF FPI VC'S TOTAL
QIB 0 0 11200 68800 44800 171200 0 296000

 

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 Propor tionate shares available Allocation per Applicant Ration of allottees to applicants Number of successful applicants (after rounding) % to total Total No. of shares allocated/ alloted %to total Surplus,/ Deficit (14)-(7)
Before Rounding off After Rounding off

(1)

(2)

(3)

(4)

(5)

(6)

(7)

(8)

(9)

(10)

(12)

(13)

(14)

(15)

(16)

1

65600

1

4.55

65600

0.25

740.23

740

1600

0

1

0

0

0

0

-740

2

145600

1

4.55

145600

0.55

1642.94

1643

1600

1

1

1

4.76

1600

0.54

-43

3

200000

1

4.55

200000

0.76

2256,79

2257

1600

1

1

1

4.76

1600

0.54

-657

4

240000

1

4,55

240000

0.91

2708.14

2708

3200

1

1

1

4.76

3200

1.08

492

5

356800

1

4.55

356800

1.36

4026.11

4026

4800

1

1

1

4.76

4800

1.62

774

6

475200

1

4.55

475200

1.81

5362.12

5362

4800

1

1

1

4.76

4800

1.62

-562

7

652800

1

4.55

652800

2.48

7366.15

7366

8000

1

1

1

4.76

8000

2.7

634

8

979200

5

22.73

4896000

18.66

55246.11

11049

11200

1

1

5

23.81

56000

18.91

754

9

1012800

1

4.55

1012800

3.86

11428.36

11428

11200

1

1

1

4.76

11200

3.78

-228

10

2020800

9

40.87

18187200

69.33

205223 06

22803

22400

1

1

9

42.87

201600

68.1

-3623

11

2020800

1600

2

9

0

0

3200

1 08

3200

Grand Total

22

100

26232000 100

295999

22

21

100

296000

100

1

4) Allocation to Anchor Investors (After Technical Rejections & Withdrawal): The Company in consultation with the BRLM has allotted 4,43,200 Equity Shares to 3 Anchor Investors at Anchor Investor Issue Price of Rs. 75/- per Equity Shares in accordance with the SEBIICDR Regulations. The category wise details of the Basis of Allotment are as under:

CATEGORY FIS/BANKS MF'S ICS NBFC'S AIF FPC FFI/FPI TOTAL
Anchor - - - I 1,47,200 2,96,000 4,43,200

5) Allocation to Market Maker (After Technical Rejections & Withdrawal): The Basis of Allotment to Market Maker who have bid at Issue Price of Rs. 75/- per Equity Shares or above, was finalized in consultation with NSE. The category was subscribed by 1.00 times i.e. for 1,31,200 Equity shares the total number of shares allotted in this category is 1,31,200 Equity Shares. The category wise details of the Basis of Allotment are 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

Propor tionate shares available

Allocation per Applicant

Ration of allottees to applicants

Number of successful applicants (after rounding)

%to total

Total No. of shares allocated/ alloted

%to total

Surplus/ Deficit (14)-(7)

Before Rounding off

After Rounding off

(1)

(2)

(3)

(4)

(5)

(6)

(7)

(8)

(9)

(10)

(12)

(13)

(14)

(15)

(16)

1

131200

1

100

131200

100

131200

131200

131200

1

1

1

100

131200

100

0

Grand Total

1

100

131200

100

131200

1

100

131200

100

0

The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - NSE on Monday, July 22, 2024.

The Board of Directors of the Company at its meeting held on Monday, July 22, 2024 has approved the Basis of Allocation of Equity Shares as approved by the Designated Stock Exchange viz. NSE has authorized the corporate action for Issue of the Equity Shares to various successful applicants. The CAN-cum-allotment advices and/or notices will be forwarded to the email id's and address of the Applicants as registered with the depositories / as filled in the application form on Monday. July 22.2024. Further, the instructions to Self-Certified Syndicate Banks for unblocking the amount will process on Monday. July 22,2024. In case the same is not received within two working 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 NSE EMERGE within three working days from the date of the closure of the issue.

Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectus dated Monday, July 21,2024 (‘Prospectus") filed with the Registrar of Companies, Rajasthan.

INVESTORS PLEASE NOTE

On page 235 of the Prospectus the following -

Agreement dated January 17.2024between our company and the Registrar to the Issue.

Shall now be read as -

Agreement dated January 18.2024between our company and the Registrar to the Issue.

The details of the allotment made would also be hosted on the website of the Registrar to the issue, Maashitta Securities Private Limited at https://www.maashitla.com/. All future correspondence in this regard may kindly be addressed to the Registrar to the issue quoting full name of the First' Sole applicants, serial number of the Bid cum Application Form, number of shares applied for and Bank 8ranch where the application had been lodged and payment details at the address of the Registrar given below:

wpe141.jpg (8000 bytes) Maashitla Securities Private Limited
SEBI Registration Number: INR000004370
Address: 451. Krishna Apra Business Square. Netaji Subbash Place. Pitampura, Delhi-110034
Tel. Number: +91 -11-4512-1795 Email Id: investor.ipo@maashitla.com
Website: https://www.maashitla.com Contact Person: Mr. Mukul Agrawal

 

For Macobs Technologies Limited

On behalf of the Board of Directors

SdL/-

Dushyant Gandotra

Date: 22.07.2024

Designation: Managing Director

Place: Rajasthan

DIN:08360731

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 MACOBS TECHNOLOGIES LIMITED.

Companies. Rajasthan. The Prospectus is available on the website ol SEBI at www.sebi.gov.in, the website ol the Lead Manager at https://www.skicaprtal.net/. website of the NSE at www.nseindia.com and website of Issuer Company at: https://macobstech.com; Investors should note that investment in Equity Shares involves a high degree of risk. For details, investors shall refer to and rely on the Prospectus including the section titled "Risk Factors" beginning on page 23 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 ol. "U.S. persons' (as defined in the Regulation S 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.

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