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RDB RASAYANS LIMITED
GOING TOGETHER GROWING TOGETHER
The Company was incorporated as RDB Rasayans Limited on October 13,1995
under the Companies Act, 1956 as a public limited company by the Registrar of Companies,
West Bengal. The Certificate of Commencement of Business was granted to the Company on
October 27,1995. Company Incorporation Number (CIN) of the Company is
U36999WB1995PLC074860.
Regd. Office: No.1, Ramesh Mitra Road, Kolkata - 700 025; Tel:
+91 -33-3256 8223; E-mail: ipo@rdbgroup.in;
Website: www.rdbgroup.in
For details of the change in the registered office, please refer section "History
and Certain Corporate Matters" on page 61 of prospectus.
Corporate Office: Room No.9,3rd floor, Bikaner Building, 8/1, Lal Bazar
Street, Kolkata-700001; Tel: +91-33-2230 5666; Fax: +91-33-2242 0588
Contact Person: Ms. Sweta Punjabi, Company Secretary & Compliance Officer
PROMOTERS: MR. SUNDER LAL DUGAR, MR. VINOD DUGAR AND MS. SHEETAL
DUGAR
BASIS OF ALLOTMENT
PUBLIC ISSUE OF 45,00,000 EQUITY SHARES OF Rs. 10 EACH FOR CASH AT A PRICE OF Rs. 79
PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF Rs. 69 PER EQUITY SHARE) AGGREGATING Rs.
3555.00 LACS (HEREINAFTER REFERRED TO AS THE "ISSUE") BY RDB RASAYANS LIMITED
('COMPANY' OR 'ISSUER' OR 'RRL'). THE ISSUE WOULD CONSTITUTE 25.40% OF THE FULLY DILUTED
POST ISSUE PAID UP CAPITAL OF THE COMPANY.
BID/ISSUE OPENED ON SEPTEMBER 21,2011 AND CLOSED ON SEPTEMBER
23,2011.
ISSUE PRICE: Rs. 79/- PER EQUITY SHARE FOR ALL CATEGORIES
THE ISSUE PRICE IS 7.9 TIMES OF THE FACE VALUE OF EQUITY SHARES
The Issue is being made through the 100% Book Building Process wherein up to 50% of the
Issue shall be allocated on a proportionate basis to Qualified Institutional Buyers, out
of which 5% of the QIB Portion shall be available for allocation on a proportionate basis
to Mutual Funds only, and the remainder of the QIB Portion shall be available for
allocation on a proportionate basis to all Qualified Institutional Buyers, including
Mutual Funds, subject to valid Bids being received at or above Issue Price. Further, at
least 15% of the Issue shall be available for allocation on a proportionate basis to
Non-Institutional Bidders and at least 35% of the Issue shall be available for allocation
on a proportionate basis to Retail Individual Bidders, subject to valid Bids being
received at or above the Issue Price.
The Issue received 2791 applications for 6522560 equity shares resulting in 1.4495
times subscription. The details of the applications (including ASBA applications) received
in the Issue from Qualified Institutional Buyers, Non-Institutional Investors and Retail
Individual Investors are as detailed hereunder (before technical rejections):
| Sr.No. |
Category |
No. of Applications Received |
No. of Shares Bid for |
No. of times subscription |
| A |
Retail Individual Bidders |
2,781 |
6,016,320 |
3.8199 |
| B |
Non Institutional Bidders |
10 |
506,240 |
0.7500 |
| C |
Qualified Institutional Bidders |
NIL |
NIL |
NIL |
|
TOTAL |
2,791 |
6,522,560 |
1.4495 |
Final Demand
The final demand at different bid prices is as under:
| Bid Price |
No. of Equity Shares |
% of Total |
Cumulative Total |
Cumulative % of Total |
| 72 |
3600 |
0.053 |
6750560 |
100.000 |
| 73 |
160 |
0.002 |
6746960 |
99.947 |
| 74 |
80 |
0.001 |
6746800 |
99.944 |
| 75 |
160 |
0.002 |
6746720 |
99.943 |
| 76 |
0 |
0.000 |
6746560 |
99.941 |
| 77 |
160 |
0.002 |
6746560 |
99.941 |
| 78 |
80 |
0.001 |
6746400 |
99.938 |
| 79 |
1134880 |
16.812 |
6746320 |
99.937 |
| Cut-off |
5611440 |
83.126 |
5611440 |
83.126 |
| Total |
6750560 |
100.000 |
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The Basis of Allocation was finalized in consultation with the Designated Stock
Exchange, being Bombay Stock Exchange Limited ("BSE") on September 29,2011.
A. Allocation to Retail Individual Investors (After Technical Rejections)
The Basis of Allotment to the Retail Individual Investors, who have bid at cut-off or at
the Issue Price of Rs 79 per Equity Share, was finalized in consultation with BSE. The
category was subscribed 1.4531 times, after technical rejections and after considering
spill-over from QIB and Non Institutional Investors Category. The total number of shares
allotted in Retail Individual Investor category is 4019760 Equity Shares to 2643
successful applicants which includes the spillover of 2250000 unsubscribed equity shares
from QIB Category and 194760 unsubscribed equity shares from Non Institutional Investors
Category. The category-wise details of the Basis of Allocation are as under:
| Category |
Number of Applications |
% to Total |
Total Number of Equity Shares applied |
% to Total |
Number of Equity Shares Allocated |
Ratio |
Total Number of Equity Shares Allocated |
| 80 |
109 |
4.07 |
8720 |
0.15 |
80 |
11:16 |
6000 |
| 160 |
21 |
0.78 |
3360 |
0.06 |
110 |
FIRM |
2310 |
| 240 |
12 |
0.45 |
2880 |
0.05 |
165 |
FIRM |
1980 |
| 320 |
7 |
0.26 |
2240 |
0.04 |
220 |
FIRM |
1540 |
| 400 |
8 |
0.30 |
3200 |
0.05 |
275 |
FIRM |
2200 |
| 480 |
5 |
0.19 |
2400 |
0.04 |
330 |
FIRM |
1650 |
| 560 |
17 |
0.64 |
9520 |
0.16 |
385 |
FIRM |
6545 |
| 640 |
17 |
0.64 |
10880 |
0.19 |
440 |
FIRM |
7480 |
| 720 |
2 |
0.07 |
1440 |
0.02 |
496 |
FIRM |
992 |
| 800 |
1 |
0.04 |
800 |
0.01 |
551 |
FIRM |
551 |
| 1040 |
2 |
0.07 |
2080 |
0.04 |
716 |
FIRM |
1432 |
| 1200 |
253 |
9.45 |
303600 |
5.20 |
826 |
FIRM |
208978 |
| 1280 |
12 |
0.45 |
15360 |
0.26 |
881 |
FIRM |
10572 |
| 1440 |
1 |
0.04 |
1440 |
0.02 |
991 |
FIRM |
991 |
| 1520 |
1 |
0.04 |
1520 |
0.03 |
1046 |
FIRM |
1046 |
| 1600 |
2 |
0.07 |
3200 |
0.05 |
1101 |
FIRM |
2202 |
| 1760 |
2 |
0.07 |
3520 |
0.06 |
1211 |
FIRM |
2422 |
| 1920 |
2 |
0.07 |
3840 |
0.07 |
1322 |
FIRM |
2644 |
| 2000 |
2 |
0.07 |
4000 |
0.07 |
1377 |
FIRM |
2754 |
| 2080 |
2 |
0.07 |
4160 |
0.07 |
1432 |
FIRM |
2864 |
| 2400 |
8 |
0.30 |
19200 |
0.33 |
1652 |
FIRM |
13216 |
| 2480 |
2191 |
81.85 |
5433680 |
93.03 |
1706 |
FIRM |
3737846 |
| 2480 |
- |
- |
- |
- |
1 |
12:17 |
1545 |
B. Allocation to Non Institutional Investors (After Technical Rejections)
The Basis of Allocation to the Non-Institutional Investors, who have bid at the Issue
Price of Rs. 79 per Equity Share, was finalized in consultation with BSE. This category
has been under subscribed to the extent of 0.7115 times. The total number of equity shares
allotted in this category is 480,240 equity shares to 9 successful applicants. The
category-wise details of the Basis of Allotment are as under:
| Category |
Number of Applications |
% to Total |
Total Number of Shares applied |
% to Total |
Number of Shares Allocated |
Ratio |
Total Number of Shares Allocated |
| 3680 |
1 |
11.11 |
3680 |
0.77 |
3680 |
FIRM |
3680 |
| 3760 |
1 |
11.11 |
3760 |
0.78 |
3760 |
FIRM |
3760 |
| 4000 |
1 |
11.11 |
4000 |
0.83 |
4000 |
FIRM |
4000 |
| 5040 |
1 |
11.11 |
5040 |
1.05 |
5040 |
FIRM |
5040 |
| 26000 |
1 |
11.11 |
26000 |
5.41 |
26000 |
FIRM |
26000 |
| 31600 |
1 |
11.11 |
31600 |
6.58 |
31600 |
FIRM |
31600 |
| 53200 |
1 |
11.11 |
53200 |
11.08 |
53200 |
FIRM |
53200 |
| 100000 |
1 |
11.11 |
100000 |
20.82 |
100000 |
FIRM |
100000 |
| 252960 |
1 |
11.11 |
252960 |
52.67 |
252960 |
FIRM |
252960 |
C. Allocation to QIBs
The Company did not receive any bid from the QIB category. The under subscribed 2250000
equity shares from QIB category have been spilled over to Retail Category.
The Board of Directors of the Company in its Meeting held on September 30,2011, has
taken on record the basis of allocation of shares approved by the designated Stock
Exchange viz., Bombay Stock Exchange Limited ("BSE"), Mumbai, and has authorized
the Corporate Action for the transfer of the shares to various successful applicants.
The Allotment/Refund advice cum NECS/Direct Credit/ NEFT Intimation has been 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 over-printed with the Bank Account details as registered, if any, with
the depositories. The Equity shares allocated to successful applicants have been credited
to their beneficiary accounts subject to validation of the account details with the
depositories concerned. The Company has filed the listing application with Bombay Stock
Exchange Limited on Monday, October 03,2011. The Equity shares are to be admitted for
trading on the Bombay Stock Exchange Limited on Friday, October 7, 2011 subject to receipt
of necessary approvals.
INVESTORS PLEASE NOTE
This details of the allocation made would be hosted on the website of Registrars to the
Issue, Link Intime India Private Limited at Website: www.linkintime.co.in
All future correspondence in this regard may kindly be addressed to the Registrars to
the Issue quoting full name of the First/ Sole applicant, serial number of the
bid-cum-application/ASBA form, number of shares bid for, name of the Member of the
Syndicate, place where the bid was submitted and payment details atthe address given
below:
LINK INTIME INDIA PRIVATE LIMITED
C-13, Pannalal Silk Mills Compound, L. B. S. Marg, Bhandup (West), Mumbai 400 078
Tel: (91 22) 2596 0320, Fax: (91 22) 2596 0329, Email: rdb.ipo@linkintime.co.in
website: www.linkintime.co.in, Contact
Person: Mr. Sachin Achar
Place: Kolkata
Date : October 03,2011 |
For RDB Rasayans Limited
on behalf of Board of Directors
Sd/-
Managing Director |
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