INDO THAI SECURITIES LIMITED
Our Company was incorporated on 19th January, 1995, as "Indo Thai Securities Limited" under the provisions of the Companies Act, 1956 with Registrar of Companies, Gwalior, Madhya Pradesh, and Commencement of Business dated 8th February, 1995. For details of changes in our registered office, see the section titled "History and Certain Corporate Matters" beginning on page no.112 of the Red Herring Prospectus. Our Corporate Identity No. is U67120MP1995PLC008959.
REGISTERED OFFICE: 16, 4th Floor, Dawa Bazar, R.N.T. Marg, Indore-452001, Madhya Pradesh, India.
BASIS OF ALLOTMENT
PUBLIC ISSUE OF 40,00,000 EQUITY SHARES OF RS 10/- EACH AT A PRICE OF RS 74 PER EQUITY SHARE (INCLUDING A PREMIUM OF RS 64 PER EQUITY SHARE) FOR CASH AGGREGATING UPTO RS 2960 LAKHS (THE "ISSUE"), BY INDO THAI SECURITIES LIMITED (THE "COMPANY" OR THE "ISSUER"). THE ISSUE WILL CONSTITUTE 40.00% OF THE FULLY DILUTED POST ISSUE PAID UP CAPITAL OF THE COMPANY.
THE FACE VALUE PER EQUITY SHARE IS RS 10/- EACH FOR A CASH AT A PRICE OF RS 74/- EACH THE ISSUE PRICE IS 7.4 TIMES OF THE FACE VALUE
The Equity Shares of the Company are proposed to be listed on Bombay Stock Exchange Limited. ("BSE") & National Stock Exchange of India Limited. ("NSE")
This Issue was made through a 100% Book Building Process wherein upto 50% of the Net
Issue will be allocated to Qualified Institutional Buyers (QIBs) on a proportionate basis,
subject to valid bids being received at or above the Issue Price. Out of the portion
available for allocation to the QIBs, 5% will be available for allocation to Mutual Funds
only. Mutual Fund Bidders shall also be eligible for proportionate allocation under the
balance available for the QIBs. Further, at least 15% of the Net Issue shall be available
for allocation on a proportionate basis to Non Institutional Bidders and at least 35% of
the Net Issue shall be available for allocation on a proportionate basis to Retail
Individual Bidders, as per the allotment procedure specified in the regulations, subject
to valid bids being received at or above the Issue Price.
The Basis of Allocation was finalized in consultation with the Bombay Stock Exchange Limited ("BSE") on 28" October, 2011
A. Allocation to Retail Individual Investors (After Technical Rejections)
The Basis of Allocation to the Retail Individual Investors, who have bid at cut-off or at the Issue Price of Rs 74 per Equity Share, was finalized in consultation with BSE. This category has been over subscribed to the extent of 3.27 times. The total number of shares allotted in Retail Individual Investor category is 3990400 Equity Shares to 2299 successful applicants which includes the spill over of 20,00,000 equity shares from QIB Category and 590400 equity shares from Non-Institutional Category. The category-wise details of the Basisof Allocation are as under:
B. Allocation to Non Institutional Investors
The Basis of Allocation to the Non-Institutional Investors, who have bid at the Issue Price of Rs 74 per Equity Share, was finalized in consultation with BSE. This category has been subscribed to the extent of 0.02 times. The total number of shares allotted in this category is 9600 Equity Shares to 03 successful applicants. Unsubscribed portion of Non Institutional Investor Category for 590400 shares spilled over to Retail Category. The category-wise details of the Basis of Allocation are under:
C. Allocation to QIBs
The Board of Directors of the Company at its Meeting held at Registered Office of the
Company on 28th October, 2011 has taken on record the basis of allocation of shares
approved by the Designated Stock Exchange the Bombay Stock Exchange Limited (BSE) and has
authorised the Corporate Action for the transfer of shares to various successful
Refunds have been made through NECS and Direct Credit into the Bank Accounts of applicants, as registered with the Depositories. For other applicants refund warrant have 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 warrant has been over-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. The Company is taking steps to get the equity shares admitted for trading on Bombay Stock Exchange Limited and National Stock Exchange of India Limited on 2nd November, 2011 subject to receipt of necessary approvals.
INVESTORS PLEASE NOTE
This details of the allocation made would be hosted on the website of Registrar to the Issue, Sharepro Service at website: www.shareproservices.com
All future correspondence in this regard may kindly be addressed to the Registrar to the Issue quoting full name of the First/Sole applicant, Serial number of the Bid cum Application Form, number of shares bid for, name of the Member of the Syndicate and Place where the bid was submitted and payment details at the address given below:
SHAREPRO SERVICES (INDIA) PRIVATE LIMITED