| 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
|
| SATI POLY PLAST LIMITED |
| Corporate Identity Numbers: U82920BR1999PLC008904 |
Our Company was originally incorporated as " Sati Poly Plast Private Limited" as a private limited company under the provision of the Companies Act. 1956 vide certificate of incorporation dated July 14.1999. issued by Registrar of Companies. Bihar. Further, our company was converted from a private limited company to public limited company, pursuant to a special resolution passed by our Shareholders in the Extra-Ordinary General Meeting held on November 01.2023. and consequently, the name of our Company changed to "Sati Poly Plast Limited" and the fresh certificate of incorporation dated December 26, 2023 was issued to our company by the Registrar of Companies. Patna. The Corporate Identification Number of our Company is U82920BR1999PLC008904. For details of change in registered office of our Company, please refer to chapter titled "History and Corporate Structure" beginning on pageno. 140 of this Prospectus.
| Registered Office: D.N. Singh Road, Bhagalpur 812 002, Bihar, India |
| Corporate Office: C-44 Phase II, Distt Gautam Budh Nagar Noida, Nepz Post Office, Gautam Buddha Nagar, Noida, Uttar Pradesh, India, 201305; |
| Website: www.satipolyplast.in; | E-Mail: satipolyplast1@gmail.com; | Telephone No: +91 98181 04164; | Company Secretary and Compliance Ofticer: Ms. Akanksha Jain |
| PROMOTERS OF OUR COMPANY: MR. BALMUKUND JHUJHUNWALA MRS. ANITA JHUJHUNWALA, MR. ADITYA JHUJHUNWALA, MR. KESHAV JHUJHUNWALA AND M/S BALMUKUND JHUJHUNWALA HUF |
| The Issue is being made in accordance with Chapter IX of the SEBI ICDR Regulations (IPO of Small and Medium Enterprises and the equity shares are proposed to be listed on Emerge Platform of NSE |
| BASIS OF ALLOTMENT |
INITIAL PUBLIC ISSUE OF 1335000 EQUITY SHARES OF FACE VALUE OFRs. 10/- EACH OF SATI POLY PLAST LIMITED ("SPPL" OR THE "COMPANY" OR THE "ISSUER") FOR CASH AT A PRICE OFRs. 130/- PER EQUITY SHARE INCLUDING A SHARE PREMIUM OF RS. 120/- PER EQUITY SHARES (THE "ISSUE PRICE") AGGREGATING TO Rs. 1,735.50 LAKHS ("THE ISSUE"), OF WHICH 70000 EQUITY SHARES OF FACE VALUE OFRs. 10/- EACH FOR CASH AT A PRICE OF Rs. 130/- PER EQUITY SHARE INCLUDING A SHARE PREMIUM OF Rs. 120/- PER EQUITY SHARE AGGREGATING TO RS. 91.00 LAKHS WAS 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 1265000 EQUITY SHARES OF FACE VALUE OF Rs. 10/- EACH AT A PRICE OF RS. 130/- PER EQUITY SHARES INCLUDING ASHARE PREMIUM OFRs. 120/- PER EQUITY SHARE AGGREGATING TORs. 1.644.50 LAKHS IS HEREIN AFTER REFERRED TO AS THE "NET ISSUE". THE ISSUE AND THE NET ISSUE CONSTITUTED 26.99% AND 25.57% RESPECTIVELY. OF THE POST ISSUE PAID UP EQUITY SHARES CAPITAL OF OUR COMPANY.THE FACE VALUE OFTHE EQUITY SHARES ISRs. 10/-EACH.
| PRICE BAND: Rs. 123/- TO Rs. 130/- PER EQUITY SHARE OF FACE VALUE Rs. 10/- EACH |
| ISSUE PRICE: Rs. 130.00 PER EQUITY SHARE OF FACE VALUE Rs. 10/- EACH. THE ISSUE PRICE IS 13.00 TIMES OF THE FACE VALUE |
| Risks to Investors: |
• The Merchant Banker associated with the Issue has handled 42 public issues out of which 2 issues closed below issue price on listing date.
BRLM associated with the issuer has handled 42 Public issues in the last 3 Financial years, below are the details.
Particulars |
Numbers of issues/Offer Handled |
Issue closed below issue price on listing date |
| Main Board | Nil |
Nil |
| SME | 42 |
2 |
• Average cost of acquisition of Equity Shares held by the Promoters is mentioned below
| Sr. No. | Name of Promoters | No. of Equity Shares held | Average Cost of Acquisition per equity share (in Rs. )* |
| 1. | Balmukund Jhunjhunwala | 1269000 | 0.97 |
| 2. | Balmukund Jhunjhunwala HUF | 33000 | 3.33 |
| 3. | Aditya Jhunjhunwala | 375000 | 0.80 |
| 4. | Anita Jhunjhunwala | 1090000 | 1.35 |
| 5. | Keshav Jhunjhunwala | 300000 | Nil |
*The average cost of acquisition of Equity Shares by our Promoter has been calculated by taking into account the amount paid by them to acquire and Shares allotted to them as reduced by amount received on sell of shares i.e. net of sale consideration is divided by net quantity of shares acquired.
• Issue Price at the upper end of the Price Band is Rs. 130.00/- per Equity Share.
• Weighted Average Return on Net worth for Fiscals 2024, 2023 and 2022 is 26.73%
BID/ISSUE PROGRAM |
ANCHOR INVESTOR BIDDING PATE WAS: THURSDAY, JULY 11,2024 |
| BID/ISSUE OPENED ON: FRIDAY, JULY 12, 2024; | |
| BID/ ISSUE CLOSED ON: TUESDAY, JULY 16, 2024 |
This Issue was been made through the Book Building Process, in termsof 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 50.00% of the Net Issue shall be available forallocation on a proportionate basis to Qualified Institutional Buyers ("QIBs") (the "QIB Portion"). Further. 5.00% of the Net QIB 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 QIB Bidders, including Mutual Funds, subject to valid Bids being received at orabove the Issue Price. However, if the aggregate demand from Mutual Funds is lessthan 5.00% of the NetQIB Portion, the balance Equity Shares available forallocalioninthe Mutual Fund Portion will be added to the remaining NetQIB Portionfor proportionate allocation to QIBs. Further, not lessthan 15.00% of the Net Issue shall be available for allocation on a proportionate basisto 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 mandatority util izingthe Application Supported by Blocked Amount (‘AS BA") process by providing details of their respective ASBA Account (as defined hereinafter) in whichthe corresponding Bid Amounts will be blocked by the Self Certified Syndicate Banks ("SCSBs") or underthe UPI Mechanism, asthe 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 "IssueProcedure"on page 219 of the Prospectus.
The bidding for Anchor investors was opened and closed on Thursday. July 11. 2024. The company received 3 Anchor Investors application for 5.34.000 Equity Shares. The Anchor Investor Allocation Price was finalized at Rs. 130.00 per Equity Share. A total of 3.79.000 Equity Shares were allotted underthe Anchor Investor portion aggregating to Rs. 4.92.70.000.00.
The issue (excluding Anchor Investor Portion) received applications for 50.41.66.000 Equity Shares (before rejections and after invalid bids Multiple/Duplicate) resulting in 527.37 times subscription (including reserved portion of market maker). The Details of thetotal valid Applications received in the issue are for 43.93.38.000 Equity Shares from various categories and are as under
Detailof the Before rejection Applications Received:
| SR NO | CATEGORY | NO OF APPU CATION | NO OF SHARES | RESERVED | NO OF TIMES SUBSCRIPTION | AMOUNT |
| 1 | MARKET MAKER | 1 | 70,000 | 70,000 | 1.00 | 91,00,000.00 |
| 2 | QIB | 60 | 3,74,19,000 | 2,53,000 | 147.90 | 4,86,44,70,000.00 |
| 3 | HNI | 19,484 | 10,89,27,000 | 1,90,000 | 573.30 | 14,15,30,79,000.00 |
| 4 | RETAIL | 2,99,531 | 29,95,31,000 | 4,43,000 | 676.14 | 38,93,70,88,000.00 |
| TOTAL | 3,19,076 | 44,59,47,000 | 9,56,000 | 466,47 | 57,96,37,37,000,00 |
Final Demand
A summary of the final demand as per NSE as on the Bid/lssue Closing Date at different Bid Prices is as under:
| Sr, No, | RATE | SHARES | %to TOTAL | CUMULATIVE TOTAL | CUMULATIVE % TO TOTAL |
| 1 | 123 | 14,56,000 | 0.29 | 14,56,000 | 0.29 |
| 2 | 124 | 46,000 | 0.01 | 15,02,000 | 0.30 |
| 3 | 125 | 1,50,000 | 0.03 | 16,52,000 | 0.33 |
| 4 | 126 | 52,000 | 0.01 | 17,04,000 | 0.34 |
| 5 | 127 | 65,000 | 0.01 | 17,69,000 | 0.35 |
| 6 | 128 | 1,80,000 | 0.04 | 19,49,000 | 0.39 |
| 7 | 129 | 1,99,000 | 0.04 | 21,48,000 | 0.43 |
| 8 | 130 | 31,20,44,000 | 61.75 | 31,41,92,000 | 62.18 |
| 9 | Cut-Off | 19,11,24,000 | 37.82 | 50,53,16,000 | 100.00 |
| TOTAL | 50,53,16,000 | 100.00 |
The Basis of Allotment was finalized in consultation with the Designated Stock Exchange-NSE on Thursday, July 18,2024.
1. Allocation to Retail Individual Investors (After 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. 130/- per equity shares, was finalized in consultation with NSE. The category was subscribed by 666.72 times i.e. for 29.53.58.000 Equity Shares. Total number of shares allotted in this category is 4,43.000 Equity Shares to443 successful applicants. The category wise details of the Basis of Allotment as under
No. of Shares Applied for (Category wise) |
No. of Applications received |
%to total |
Total No. of Equity Shares applied in this Category |
%to total |
Proportionate Shares available |
Allocation per Applicant |
Ratio of alottees to applicants |
Number of successful applicants (after rounding) |
%to total |
Total No. of shares allocated / allot ed |
% to total |
Surplus/ Deficit |
||
Before rounding off |
After rounding off |
|||||||||||||
1000 |
2.95.358 |
100.00 |
29.53.58.000 |
100.00 |
4.43.000 |
1.50 |
1000 |
3 |
2000 |
443 |
100.00 |
4.43.000 |
100.00 |
0 |
TOTAL |
2.95.358 |
100.00 |
29.53.58.000 |
100.00 |
4.43.000 |
443 |
100.00 |
4.43.000 |
100.00 |
0 |
||||
2. Allocation to Non-lnstitutional Investors (After Rejections & Withdrawal): The Basis of Allotment to Other than Retail Individual Investors, who have bid at Issue Price of Rs. 130/- per equity shares or above, was finalized in consultation with NSE. The category was subscribed by 563.08 times i.e. for 10,69,85,000 Equity Shares. The total number of shares allotted in this category is 1,90,000 Equity Shares to 188 successful applicants. The category wise details of the Basis of Allotment are as under
Sr. No. |
No. of Shares applied for (Category wise) |
No. of Applications received |
% to total |
Total No. of Shares applied in each category |
% to total |
Propor tionate Shares Available |
Ration of allottees to applicants |
Total No. of shares allocated/ alloted |
Surplus/ Deficite (9)-(7) |
|
(1) |
(2) |
(3) |
(4) |
(5) |
(6) |
(7) |
(8) |
(9) |
(10) |
|
1 |
2,000 |
12186 |
63.34 |
2.43,72,000 |
22.78 |
43287 |
43 |
12186 |
43,000 |
-287 |
2 |
3,000 |
2162 |
11.24 |
64,86,000 |
6.06 |
11519 |
12 |
2162 |
12,000 |
481 |
3 |
4,000 |
785 |
4.08 |
31,40,000 |
2.93 |
5576 |
6 |
785 |
6,000 |
424 |
4 |
5,000 |
614 |
3.19 |
30.70,000 |
2.87 |
5452 |
5 |
614 |
5,000 |
-452 |
5 |
6,000 |
324 |
1.68 |
19,44,000 |
1.82 |
3452 |
3 |
324 |
3,000 |
-452 |
6 |
7,000 |
278 |
1.45 |
19.46,000 |
1.82 |
3456 |
3 |
278 |
3.000 |
-456 |
7 |
8,000 |
1429 |
7.43 |
1,14,32,000 |
10.69 |
20303 |
20 |
1429 |
20,000 |
-303 |
8 |
9,000 |
229 |
1.19 |
20,61,000 |
1.93 |
3660 |
4 |
229 |
4,000 |
340 |
9 |
10.000 |
400 |
2.08 |
40.00,000 |
3.74 |
7104 |
7 |
400 |
7,000 |
-104 |
10 |
11.000 |
100 |
0.52 |
11,00,000 |
1.03 |
1954 |
2 |
100 |
2,000 |
46 |
11 |
12.000 |
65 |
0.34 |
7,80,000 |
0.73 |
1385 |
1 |
65 |
1.000 |
-385 |
12 |
13,000 |
33 |
0.17 |
4,29,000 |
0.40 |
762 |
1 |
33 |
1,000 |
238 |
13 |
14.000 |
30 |
0.16 |
4,20,000 |
0.39 |
746 |
1 |
30 |
1,000 |
254 |
14 |
15.000 |
66 |
0.34 |
9,90,000 |
0.93 |
1758 |
2 |
66 |
2,000 |
242 |
15 |
16,000 |
53 |
0.28 |
8,48,000 |
0.79 |
1506 |
2 |
53 |
2,000 |
494 |
16 |
17.000 |
13 |
0.07 |
2,21,000 |
0.21 |
392 |
0 |
13 |
0 |
-392 |
17 |
18,000 |
27 |
0.14 |
4,86,000 |
0.45 |
863 |
1 |
27 |
1,000 |
137 |
18 |
19,000 |
28 |
0.15 |
5,32,000 |
0.50 |
945 |
1 |
28 |
1,000 |
55 |
19 |
20,000 |
72 |
0.37 |
14,40,000 |
1.35 |
2557 |
3 |
72 |
3,000 |
443 |
20 |
21,000 |
20 |
0.10 |
4,20,000 |
0.39 |
746 |
1 |
20 |
1,000 |
254 |
21 |
22.000 |
6 |
0.03 |
1.32,000 |
0.12 |
234 |
0 |
6 |
0 |
-234 |
22 |
23,000 |
9 |
0.05 |
2,07,000 |
0.19 |
368 |
0 |
9 |
0 |
-368 |
23 |
24.000 |
11 |
0.06 |
2,64,000 |
0.25 |
469 |
0 |
11 |
0 |
-469 |
24 |
25.000 |
23 |
0.12 |
5,75,000 |
0.54 |
1021 |
1 |
23 |
1,000 |
-21 |
25 |
26,000 |
7 |
0.04 |
1,82,000 |
0.17 |
323 |
0 |
7 |
0 |
-323 |
26 |
27.000 |
7 |
0.04 |
1.89,000 |
0.18 |
336 |
0 |
7 |
0 |
-336 |
27 |
28,000 |
4 |
0.02 |
1,12,000 |
0.10 |
199 |
0 |
4 |
0 |
-199 |
28 |
29.000 |
4 |
0.02 |
1,16,000 |
0.11 |
206 |
0 |
4 |
0 |
-206 |
29 |
30,000 |
18 |
0.09 |
5,40,000 |
0.50 |
959 |
1 |
18 |
1.000 |
41 |
30 |
31.000 |
10 |
0.05 |
3,10,000 |
0.29 |
551 |
1 |
10 |
1,000 |
449 |
31 |
32.000 |
5 |
0.03 |
1,60,000 |
0.15 |
284 |
0 |
5 |
0 |
-284 |
32 |
33,000 |
4 |
0.02 |
1,32,000 |
0.12 |
234 |
0 |
4 |
0 |
-234 |
33 |
34,000 |
2 |
0.01 |
68.000 |
0.06 |
121 |
0 |
2 |
0 |
-121 |
34 |
35,000 |
4 |
0.02 |
1,40,000 |
0.13 |
249 |
0 |
4 |
0 |
-249 |
35 |
36,000 |
8 |
0.04 |
2,88,000 |
0.27 |
511 |
1 |
8 |
1,000 |
489 |
36 |
37,000 |
1 |
0.01 |
37,000 |
0.03 |
66 |
0 |
1 |
0 |
-66 |
37 |
38,000 |
9 |
0.05 |
3,42,000 |
0.32 |
607 |
1 |
9 |
1,000 |
393 |
38 |
39.000 |
8 |
0.04 |
3,12,000 |
0.29 |
554 |
1 |
8 |
1,000 |
446 |
39 |
40,000 |
13 |
0.07 |
5,20,000 |
0.49 |
923 |
1 |
13 |
1,000 |
77 |
40 |
41,000 |
1 |
0.01 |
41.000 |
0.04 |
73 |
0 |
1 |
0 |
-73 |
41 |
42,000 |
2 |
0.01 |
84,000 |
0.08 |
149 |
0 |
2 |
0 |
-149 |
42 |
43,000 |
1 |
0.01 |
43,000 |
0.04 |
76 |
0 |
1 |
0 |
-76 |
43 |
44,000 |
5 |
0.03 |
2,20,000 |
0.21 |
391 |
0 |
5 |
0 |
-391 |
44 |
45,000 |
1 |
0.01 |
45,000 |
0.04 |
80 |
0 |
1 |
0 |
-80 |
45 |
46,000 |
1 |
0.01 |
46,000 |
0.04 |
82 |
0 |
1 |
0 |
-82 |
46 |
47,000 |
3 |
0.02 |
1,41,000 |
0.13 |
250 |
0 |
3 |
0 |
-250 |
47 |
48,000 |
1 |
0.01 |
48,000 |
0.04 |
85 |
0 |
1 |
0 |
-85 |
48 |
50,000 |
10 |
0.05 |
5,00,000 |
0.47 |
888 |
1 |
10 |
1,000 |
112 |
49 |
51,000 |
2 |
0.01 |
1,02,000 |
0.10 |
181 |
0 |
2 |
0 |
-181 |
50 |
53,000 |
2 |
0.01 |
1,06,000 |
0.10 |
188 |
0 |
2 |
0 |
-188 |
51 |
54,000 |
2 |
0.01 |
1,08,000 |
0.10 |
192 |
0 |
2 |
0 |
-192 |
52 |
55,000 |
4 |
0.02 |
2,20,000 |
0.21 |
391 |
0 |
4 |
0 |
-391 |
53 |
57,000 |
2 |
0.01 |
1,14,000 |
0.11 |
202 |
0 |
2 |
0 |
-202 |
54 |
58,000 |
1 |
0.01 |
58,000 |
0.05 |
103 |
0 |
1 |
0 |
-103 |
55 |
59,000 |
1 |
0.01 |
59,000 |
0.06 |
105 |
0 |
1 |
0 |
-105 |
56 |
60,000 |
5 |
0.03 |
3,00,000 |
0.28 |
533 |
1 |
5 |
1,000 |
467 |
57 |
62,000 |
2 |
0.01 |
1,24,000 |
0.12 |
220 |
0 |
2 |
0 |
-220 |
58 |
63,000 |
2 |
0.01 |
1,26,000 |
0.12 |
224 |
0 |
2 |
0 |
-224 |
59 |
66,000 |
1 |
0.01 |
66,000 |
0.06 |
117 |
0 |
1 |
0 |
-117 |
60 |
67,000 |
1 |
0.01 |
67,000 |
0.06 |
119 |
0 |
1 |
0 |
-119 |
61 |
68,000 |
1 |
0.01 |
68,000 |
0.06 |
121 |
0 |
1 |
0 |
-121 |
62 |
70,000 |
5 |
0.03 |
3,50,000 |
0.33 |
622 |
1 |
5 |
1,000 |
378 |
63 |
72,000 |
2 |
0.01 |
1,44,000 |
0.13 |
256 |
0 |
2 |
0 |
-256 |
64 |
76,000 |
2 |
0.01 |
1,52,000 |
0.14 |
270 |
0 |
2 |
0 |
-270 |
65 |
77,000 |
8 |
0.04 |
6,16,000 |
0.58 |
1094 |
1 |
8 |
1,000 |
-94 |
66 |
78,000 |
1 |
0.01 |
78,000 |
0.07 |
139 |
0 |
1 |
0 |
-139 |
67 |
79,000 |
1 |
0.01 |
79,000 |
0.07 |
140 |
0 |
1 |
0 |
-140 |
68 |
80,000 |
3 |
0.02 |
2,40,000 |
0.22 |
426 |
0 |
3 |
0 |
-426 |
69 |
81,000 |
2 |
0.01 |
1,62,000 |
0.15 |
288 |
0 |
2 |
0 |
-288 |
70 |
83,000 |
1 |
0.01 |
83,000 |
0.08 |
147 |
0 |
1 |
0 |
-147 |
71 |
84,000 |
1 |
0.01 |
84,000 |
0.08 |
149 |
0 |
1 |
0 |
-149 |
72 |
85,000 |
1 |
0.01 |
85,000 |
0.08 |
151 |
0 |
1 |
0 |
-151 |
73 |
87,000 |
1 |
0.01 |
87,000 |
0.08 |
155 |
0 |
1 |
0 |
-155 |
74 |
90,000 |
2 |
0.01 |
1,80,000 |
0.17 |
320 |
0 |
2 |
0 |
-320 |
75 |
1,00,000 |
5 |
0.03 |
5,00,000 |
0.47 |
888 |
1 |
5 |
1,000 |
112 |
76 |
1,07,000 |
3 |
0.02 |
3,21,000 |
0.30 |
570 |
1 |
3 |
1,000 |
430 |
77 |
1,15,000 |
1 |
0.01 |
1,15,000 |
0.11 |
204 |
0 |
1 |
0 |
-204 |
78 |
1,17,000 |
4 |
0.02 |
4,68,000 |
0.44 |
831 |
1 |
4 |
1,000 |
169 |
79 |
1,23,000 |
3 |
0.02 |
3,69,000 |
0.34 |
655 |
1 |
3 |
1,000 |
345 |
80 |
1,33,000 |
3 |
0.02 |
3,99,000 |
0.37 |
709 |
1 |
3 |
1,000 |
291 |
81 |
1,35,000 |
2 |
0.01 |
2,70,000 |
0.25 |
480 |
0 |
2 |
0 |
-480 |
82 |
1,40,000 |
2 |
0.01 |
2,80,000 |
0.26 |
497 |
0 |
2 |
0 |
-497 |
83 |
1,50,000 |
2 |
0.01 |
3,00,000 |
0.28 |
533 |
1 |
2 |
1,000 |
467 |
84 |
1,63,000 |
1 |
0.01 |
1,63,000 |
0.15 |
289 |
0 |
1 |
0 |
-289 |
85 |
1,70,000 |
1 |
0.01 |
1,70,000 |
0.16 |
302 |
0 |
1 |
0 |
-302 |
86 |
1,90,000 |
1 |
0.01 |
1,90,000 |
0.18 |
337 |
0 |
1 |
0 |
-337 |
87 |
2,22,000 |
1 |
0.01 |
2,22,000 |
0.21 |
394 |
0 |
1 |
0 |
-394 |
88 |
2,25,000 |
1 |
0.01 |
2,25,000 |
0.21 |
400 |
0 |
1 |
0 |
-400 |
89 |
2,26,000 |
1 |
0.01 |
2,26,000 |
0.21 |
401 |
0 |
1 |
0 |
-401 |
90 |
2,59,000 |
1 |
0.01 |
2,59,000 |
0.24 |
460 |
0 |
1 |
0 |
-460 |
91 |
2,67,000 |
2 |
0.01 |
5,34,000 |
0.50 |
948 |
1 |
2 |
1,000 |
52 |
92 |
2,76,000 |
1 |
0.01 |
2,76.000 |
0.26 |
490 |
0 |
1 |
0 |
-490 |
93 |
2,77,000 |
1 |
0.01 |
2.77,000 |
0.26 |
492 |
0 |
1 |
0 |
-492 |
94 |
2,81,000 |
1 |
0.01 |
2,81,000 |
0.26 |
499 |
0 |
1 |
0 |
-499 |
95 |
2,88,000 |
1 |
0.01 |
2,88,000 |
0.27 |
511 |
1 |
1 |
1,000 |
489 |
96 |
3,00,000 |
1 |
0.01 |
3,00,000 |
0.28 |
533 |
1 |
1 |
1,000 |
467 |
97 |
3,07,000 |
1 |
0.01 |
3,07,000 |
0.29 |
545 |
1 |
1 |
1,000 |
455 |
98 |
3,17,000 |
1 |
0.01 |
3,17,000 |
0.30 |
563 |
1 |
1 |
1,000 |
437 |
99 |
3,27,000 |
1 |
0.01 |
3,27,000 |
0.31 |
581 |
1 |
1 |
1,000 |
419 |
100 |
3,34,000 |
1 |
0.01 |
3,34,000 |
0.31 |
593 |
1 |
1 |
1,000 |
407 |
101 |
3,37,000 |
1 |
0.01 |
3,37,000 |
0.31 |
598 |
1 |
1 |
1,000 |
402 |
102 |
3,41,000 |
1 |
0.01 |
3,41,000 |
0.32 |
606 |
1 |
1 |
1,000 |
394 |
103 |
3,42,000 |
1 |
0.01 |
3,42,000 |
0.32 |
607 |
1 |
1 |
1,000 |
393 |
104 |
3,44,000 |
1 |
0.01 |
3,44,000 |
0.32 |
611 |
1 |
1 |
1,000 |
389 |
105 |
3,48,000 |
1 |
0.01 |
3,48,000 |
0.33 |
618 |
1 |
1 |
1,000 |
382 |
106 |
3,50,000 |
1 |
0.01 |
3,50,000 |
0.33 |
622 |
1 |
1 |
1,000 |
378 |
107 |
3,51,000 |
1 |
0.01 |
3,51,000 |
0.33 |
623 |
1 |
1 |
1,000 |
377 |
108 |
3,57,000 |
1 |
0.01 |
3,57,000 |
0.33 |
634 |
1 |
1 |
1,000 |
366 |
109 |
3,79,000 |
1 |
0.01 |
3,79,000 |
0.35 |
673 |
1 |
1 |
1,000 |
327 |
110 |
3,85,000 |
4 |
0.02 |
15,40,000 |
1.44 |
2735 |
3 |
4 |
3,000 |
265 |
111 |
4,00,000 |
1 |
0.01 |
4,00,000 |
0.37 |
710 |
1 |
1 |
1,000 |
290 |
112 |
4,19,000 |
1 |
0.01 |
4,19,000 |
0.39 |
744 |
1 |
1 |
1,000 |
256 |
113 |
4,21,000 |
1 |
0.01 |
4,21,000 |
0.39 |
748 |
1 |
1 |
1.000 |
252 |
114 |
4,25,000 |
1 |
0.01 |
4,25,000 |
0.40 |
755 |
1 |
1 |
1,000 |
245 |
115 |
4.29.000 |
1 |
0.01 |
4,29,000 |
0.40 |
762 |
1 |
1 |
1,000 |
238 |
116 |
4,31,000 |
1 |
0.01 |
4,31,000 |
0.40 |
765 |
1 |
1 |
1,000 |
235 |
117 |
4,48.000 |
1 |
0.01 |
4,48,000 |
0.42 |
796 |
1 |
1 |
1,000 |
204 |
118 |
4,59,000 |
1 |
0.01 |
4,59,000 |
0.43 |
815 |
1 |
1 |
1,000 |
185 |
119 |
4,61,000 |
2 |
0.01 |
9,22,000 |
0.86 |
1637 |
1 |
1 |
2,000 |
363 |
120 |
4,87,000 |
1 |
0.01 |
4,87,000 |
0.46 |
865 |
1 |
1 |
1,000 |
135 |
121 |
4,88.000 |
1 |
0.01 |
4,88,000 |
0.46 |
867 |
1 |
1 |
1,000 |
133 |
122 |
4,89,000 |
1 |
0.01 |
4,89,000 |
0.46 |
868 |
1 |
1 |
1,000 |
132 |
123 |
5,00,000 |
1 |
0.01 |
5,00,000 |
0.47 |
888 |
1 |
1 |
1,000 |
112 |
124 |
5,47,000 |
1 |
0.01 |
5,47,000 |
0.51 |
971 |
1 |
1 |
1,000 |
29 |
125 |
6,00,000 |
1 |
0.01 |
6,00,000 |
0.56 |
1066 |
1 |
1 |
1,000 |
-66 |
126 |
6,15,000 |
2 |
0.01 |
12,30,000 |
1.15 |
2184 |
1 |
1 |
2,000 |
-184 |
127 |
6,19,000 |
1 |
0.01 |
6,19,000 |
0.58 |
1099 |
1 |
1 |
1,000 |
-99 |
128 |
6,33,000 |
15 |
0.08 |
94,95,000 |
8.88 |
16863 |
1 |
1 |
15,000 |
-1863 |
6,33,000 |
1000 additional share is allocated for Serial no 128 in the ratio of 2:15 |
2 |
15 |
2,000 |
2000 |
|||||
TOTAL |
19,238 |
100.00 |
10,69,85,000 |
100,00 |
1,90,000 |
1,90,000 |
0 |
|||
3) Allocation to QIBs excluding Anchor Investors (After Rejections & Withdrawal): The Basis of Allotment to QIBs, who have bid at Issue Price of Rs. 130/- per Equity Shares or above, was finalized in consultation with NSE. The category was subscribed by 145.95 times i.e. for 3,69,25,000 Equity shares. The total number of shares allotted in this category is 2,53,000 Equity Shares to 59 successful applicants. The category wise details of the Basis of Allotment are as under:
St No. |
No. of Shares applied for (Category wise) |
Number of applications received |
% to total |
Total No. of Shares appfied in each category |
% to total |
Proportionate shares available |
Ration of allottees to applicants |
Total No. of shares allocated' allotted |
Surplus.^ Deficit (9)-(7) |
|
(1) |
(2) |
(3) |
(4) |
(5) |
(6) |
(7) |
(8) |
(9) |
(10) |
|
1 |
80000 |
1 |
1.69 |
80000 |
0.22 |
547 |
1 |
1 |
1000 |
453 |
2 |
154000 |
2 |
3.39 |
308000 |
0.83 |
2110 |
1 |
1 |
2000 |
-110 |
3 |
192000 |
1 |
1.69 |
192000 |
0.52 |
1316 |
1 |
1 |
1000 |
-316 |
4 |
210000 |
1 |
1.69 |
210000 |
0.57 |
1439 |
1 |
1 |
1000 |
-439 |
5 |
214000 |
1 |
1.69 |
214000 |
0.58 |
1466 |
1 |
1 |
1000 |
-466 |
6 |
223000 |
1 |
1.69 |
223000 |
0.60 |
1528 |
1 |
1 |
2000 |
472 |
7 |
230000 |
1 |
1.69 |
230000 |
0.62 |
1576 |
1 |
1 |
2000 |
424 |
8 |
242000 |
1 |
1.69 |
242000 |
0.66 |
1658 |
1 |
1 |
2000 |
342 |
9 |
246000 |
1 |
1.69 |
246000 |
0.67 |
1686 |
1 |
1 |
2000 |
314 |
10 |
253000 |
2 |
3.39 |
506000 |
1.37 |
3467 |
1 |
1 |
2000 |
-1467 |
253000 |
1000 additional share is allocated for Serial no 10 in the ratio of 1:2 |
1 |
2 |
3200 |
495 |
|||||
11 |
278000 |
1 |
1.69 |
278000 |
0.75 |
1905 |
1 |
1 |
2000 |
95 |
12 |
377000 |
1 |
1.69 |
377000 |
1.02 |
2583 |
1 |
1 |
3000 |
417 |
13 |
482000 |
1 |
1.69 |
482000 |
1.31 |
3303 |
1 |
1 |
3000 |
-303 |
14 |
492000 |
1 |
1.69 |
492000 |
1.33 |
3371 |
1 |
1 |
3000 |
-371 |
15 |
493000 |
2 |
3.39 |
986000 |
2.67 |
6756 |
1 |
1 |
6000 |
-756 |
493000 |
1000 additional share is allocated for Serial no 15 in the ratio of 1:2 |
1 |
2 |
3200 |
-698 |
|||||
16 |
494000 |
8 |
13.56 |
3952000 |
10.70 |
27078 |
1 |
1 |
24000 |
-3078 |
494000 |
1000 additional share is allocated for Serial no 16 in the ratio of 3:8 |
3 |
8 |
4800 |
270 |
|||||
17 |
576000 |
1 |
1.69 |
576000 |
1.56 |
3947 |
1 |
1 |
4000 |
53 |
18 |
577000 |
1 |
1.69 |
577000 |
1.56 |
3953 |
1 |
1 |
4000 |
47 |
19 |
690000 |
1 |
1.69 |
690000 |
1.87 |
4728 |
1 |
1 |
5000 |
272 |
20 |
769000 |
3 |
5.08 |
2307000 |
6.25 |
15807 |
1 |
1 |
15000 |
-807 |
769000 |
1000 additional share is allocated for Serial no 20 in the ratio of 1:3 |
1 |
3 |
1600 |
1600 |
|||||
21 |
770000 |
1 |
1.69 |
770000 |
2.09 |
5276 |
1 |
1 |
5000 |
-276 |
22 |
865000 |
2 |
3.39 |
1730000 |
4.69 |
11853 |
1 |
1 |
12000 |
147 |
23 |
884000 |
2 |
3.39 |
1768000 |
4.79 |
12114 |
1 |
1 |
12000 |
-114 |
24 |
885000 |
3 |
5.08 |
2655000 |
7.19 |
18191 |
1 |
1 |
18000 |
-191 |
25 |
886000 |
19 |
32.20 |
16834000 |
45.59 |
115342 |
1 |
1 |
114000 |
-1342 |
886000 |
1000 additional share is allocated for Serial no 25 in the ratio of 1:19 |
1 |
19 |
8000 |
1000 |
|||||
Grand Total |
59 |
100.00 |
3.69.25,000 |
100.00 |
2,53,000 |
2,53,000 |
0 |
|||
4) Allocation to Anchor Investors (After Rejections & Withdrawal): The Company in consultation with the BRLM has allotted 3,79,000 Equity Shares to 3 Anchor Investors at Anchor Investor Issue Price of ^ 130/- 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 |
OTHERS |
TOTAL |
Anchor |
- |
- |
- |
- |
- |
3,79,000 |
- |
3,79,000 |
5) Allocation to Market Maker (After Rejections & Withdrawal): The Basis of Allotment to Market Maker who have bid at Issue Price of Rs. 130/- per Equity Shares or above, was finalized in consultation with NSE. The category was subscribed by 1.00 times i.e. for 70,000 Equity shares. The total number of shares allotted inthis category is 70,000 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 Equity Shares applied in this Category |
%to total |
No. of Equity Shares allocated/ allotted per Applicant |
Ratio |
Total Number of shares allotted |
Surplus/ Deficite |
|
70,000 |
1 |
100.00 |
70,000 |
100.00 |
70,000 |
1 |
1 |
70,000 |
- |
TOTAL |
1 |
100.00 |
70,000 |
100.00 |
70,000 |
70,000 |
- |
||
The Board of Directors of the Company at its meeting held on July 18, 2024, has approved the Basis of Allocation of Equity Shares as approved by the Designated Stock Exchange viz. NSE and 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 or before July 19,2024. Further, the instructions to Self-Certified Syndicate Banks for unblocking the amount will process on July 19, 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 July 16, 2024 ("Prospectus") filed with Registrar of Companies, Patna.
INVESTORS PLEASE NOTE
The details of the allotment made would also be hosted on the website of the Registrar to the issue, Link Intime India Private Limited at www.linkintime.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 applicants, serial number of the Bid cum 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 |
| SEBI Registration Number: INR000004058 |
| Address: C-101,1st Floor, 247Paik, Lai Bahadur Shastri Marg, Vikhroli (West). Mumbai, Maharashtra, India-400 083. |
| Tel. Number: +91 810811 4949: | Email Id: satipoly.ipo@linkintime.co.in |
| Investors Grievance Id: satipoly.ipo@linkintime.co.in | Website: www.linkintime.co.in |
| Contact Person: Shanti Gopalkrishnan | CIN: U67190MH1999PTC118368 |
On behalf of Board of Directors |
|
For, SATI POLY PLAST LIMITED |
|
stf/- |
|
| Place: Noida | Balmukund Jhunjhunwala |
| Date: July 19, 2024 | Chairman and Managing Director |
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 PROSPECTSOF SATI POLY PLASTLIMITED.
Sati Poly Plast Limited is proposing, subject to market conditions, public issue of its equity shares and had filed the Prospectus with the Registrar of Companies, Patna. The Prospectus is available on the website of SEBI at www.sebi.gov.in, the website of the Book Running Lead Manager at www.beelinemb.com, website of the NSE at www.nseindia.com and website of Issuer Company at www.satipolyplast.in; 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 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.
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