(This is only an advertisement for Information purposes and not a Prospectus announcement)
ADITYA VISION LIMITED
Our Company was originally incorporated as Aditya Vision Private Limited on March 31,1999 with the Registrar of Companies, Bihar as a private limited company under the provisions of the Companies Act, 1956. Subsequently our Company was converted to public limited Company pursuant to shareholders resolution passed at the Extra-Ordinary General Meeting held on March 14, 2016 and the name of our Company was changed to Aditya Vision Limited. A fresh certificate of incorporation consequent upon conversion to public limited Company was issued by the Registrar of Companies, Patna on September 21, 2016. For further details, please see the section titled "History and Certain Other Corporate Matters" beginning on page 85 of the Prospectus.
Registered Office: M -15, S. K. Nagar, Main Road, Patna - 800001,
Bihar; Tel.: +91 - 612 - 2520874/54
PROMOTERS OF THE COMPANY: MR. YASHOVARDHAN SINHA, MS. SUNITA SINHA AND MR. NISHANT PRABHAKAR
BASIS OF ALLOTMENT
PUBLIC ISSUE OF 38,40,000 EQUITY SHARES OF RS 10 EACH ("EQUITY SHARES") OF ADITYA VISION LIMITED ("AVL" OR THE "COMPANY" OR THE "ISSUER") FOR CASH AT A PRICE OF RS 15 PER SHARE (THE "ISSUE PRICE"), AGGREGATING TO RS 576.00 LACS ("THE ISSUE") OF WHICH, 2,08,000 EQUITY SHARES OF RS 10 EACH WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER TO THE ISSUE (THE "MARKET MAKER RESERVATION PORTION"). THE ISSUE LESS THE MARKET MAKER RESERVATION PORTION I.E. ISSUE OF 36,32,000 EQUITY SHARES OF RS 10 EACH IS HEREINAFTER REFERRED TO AS THE "NET ISSUE". THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 27.21% AND 25.74%, RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF THE COMPANY. THIS ISSUE IS BEING MADE IN TERMS OF CHAPTER XB OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2009(THE "SEBI ICDR REGULATIONS"), AS AMENDED. THIS ISSUE IS A FIXED PRICE ISSUE AND ALLOCATION IN THE NET ISSUE TO THE PUBLIC WILL BE MADE IN TERMS OF REGULATION 43(4) OF THE SEBI (ICDR) REGULATIONS, 2009, AS AMENDED. FOR FURTHER DETAILS, PLEASE REFER TO SECTION TITLED "ISSUE PROCEDURE" BEGINNING ON PAGE 165 OF THE PROSPECTUS.
THE FACE VALUE OF THE EQUITY SHARES IS RS 10.00 EACH AND
The Equity Shares offered through the Prospectus are proposed to be listed on the
SME platform of BSE Limited ("BSE") in terms of the chapter XB of the SEBI
(ICDR) Regulations, 2009 as amended from time to time. Company has received an approval
letter dated October 20, 2016 from BSE for using its name in the offer document for
listing of our Shares on the SME platform of BSE. The designated stock exchange is BSE
Limited. The trading is proposed to be commenced on or about December 12,2016.
All Applicants were allowed to participate in the Issue through Application Supported by Blocked Amount ("ASBA") process by providing the details of the respective bank accounts in which the corresponding application amounts were blocked by Self Certified Syndicate Banks (the "SCSBs").
The Issue has received 217 applications for 43,52,000 Equity Shares resulting in 1.13 times subscription (including reserved portion of market maker). The details of the applications received in the issue (before technical rejections) are as follows: Detail of the Applications Received (Before Technical Rejection):
The details of applications rejected by the Registrar on technical grounds (including withdrawal) are detailed below:
After eliminating technically rejected applications, the following tables give us category wise net valid applications:
* After Spill-over of 4,88,000 shares from Retail Individual Investors to Other than Retail Individual Investors
Allocation: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - BSE Limited December 08,2016.
A. Allocation to Market Maker (After Technical Rejections & Withdrawal): The Basis of Allotment to the Market Maker, at the Issue price of Rs 15 per Equity Share, was finalised in consultation with BSE. The category was subscribed by 1.00 times. The total number of shares allotted in this category is 2,08,000 Equity shares.
B. Allocation to Retail Individual Investors (After Technical Rejections): The Basis of Allotment to the Retail Individual Investors, at the issue price of Rs 15 per Equity Share, was finalized in consultation with BSE. The category was subscribed by 0.73 times. Total number of shares allotted in this category is 13,28,000 Equity Shares to 166 successful applicants.
The category wise details of the Basis of Allotment are as under:
C. Allocation to Other than Retail Individual Investors (After Technical Rejections & Withdrawal): The Basis of Allotment to Other than Retail Individual Investors, at the issue price of Rs 15 per Equity Share, was finalized in consultation with BSE. The category was subscribed by 1.19 times. Total number of shares allotted in this category is 23,04,000 Equity Shares. The category wise basis of allotment is as under:
The category wise details of the Basis of Allotment are as under:
The Board of Directors of the Company at its meeting held on December 08,2016 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz. BSE and has authorized the corporate action for the transfer of the Equity Shares / dispatch of share certificates to various successful applicants. The CAN and allotment advice and / or rejection letters are being dispatched to the address of the Applicants as registered with the depositories / as filled in the application form on or before December 09,2016. Further, the instructions to Self Certified Syndicate Banks being processed on or prior to December 09,2016. In case the same is not received within 10 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 SME Platform of BSE Limited within six 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 November 22,2016 ("Prospectus")
INVESTORS PLEASE NOTE
The details of the allotment made would also be hosted on the website of the Registrar to the Issue Cameo Corporate Services Limited, at www.cameoindia.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 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:
CAMEO CORPORATE SERVICES LIMITED