DIKSAT TRANSWORLD LIMITED
C1N No.: U63090TN1707
Our Company was incorporated as Diksat Transworid Limited on January 08. 1999 under the
Companies Act. 1956, with the Registrar of Companies. Chennai bearing Registration Number
041707 and received the Certificate of Commencement of Business on dated January 14,1999.
For further details, please see the Chapter titled 'Hislory and certain
Corporate Matters' beginning on page 108 of the Prospectus.
Registered office: 1st Floor, New No. 24 & Old No.
32 South Mada Streel, Mylapore Chennai Tamil Nadu - 600 004. | Tele-Fax:
+91 - 44 - 2464 0347
Email: compliance@wintvindia.com | Website; www.wintvindia.com | Company. Secretary and
Compliance Officer: Mr. Balasubramanian Muthukumar
OUR PROMOTER: DR. T. DEVANATHAN YADAV
BASTS OF ALLOTMENT
PUBLIC OFFER OF 46,08,000 EQUITY SHARES OF RS 10 EACH ('EQUITY SHARES') OF
DIKSAT TRANSWORLD LIMITED ('DTL' OR THE 'COMPANY) FOR CASH AT A PRICE OF RS 40
PER SHARE (THE 'OFFER PRICE'), AGGREGATING TO RS 1,843.20 LAKHS ('THE
OFFER') THROUGH AN OFFER FOR SALE BY THE SELLING SHAREHOLDERS AGGREGATING TO RS
1.843.20 LAKHS ('OFFER FOR SALE'), OF WHICH 2.40,000 EQUITY SHARES OF RS 10 EACH
WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKERS TO THE OFFER (THE 'MARKET MAKER
RESERVATION PORTION'). THE OFFER LESS MARKET MAKER RESERVATION PORTION I.E. OFFER OF
43.68.000 EQUITY SHARES OF RS 10 EACH IS HEREINAFTER REFERRED TO AS THE 'NET OFFERS
THE OFFER AND THE NET OFFER WILL CONSTITUTE 2677% and 25.38%, RESPECTIVELY OF THE POST
OFFER PAID UP EQUITY SHARE CAPITAL OF THE COMPANY.
OFFER PRICE: RS 40 per Equity Share, The Face Value of the Equity Share
is Rs 10 each.
The Offer Price is 4,0 Times of the Face Value.
BID/OFFER: Opened on Thursday, September 29, 2016 | Closed on Thursday, October 06. 2016
The Equity Shares of the Company are proposed to be listed on the SME Platform of
BSE Limited {'BSE'). Our Company has received an approval from BSE for the
listing of the Equity Shares pursuant to letter dated August 09, 2016. BSE shall
be the Designated Stock Exchange for the purpose of this Offer. The trading is proposed to
be commenced on October 18,2016 (Subject to receipt of listing and trading
approvals from the BSE Limited,)
The Offer is being made through the Book Building process wherein 50% of Net Offer of the
Equity Share offered are reserved for allocation to Bidders below or equal to Rs 2.00
lakhs and the balance for higher amount Bids. The Offer comprises a Net Offer to Public of
43,68,000 Equity Shares of Rs 10 each ('the Net offer'), and a reservation of
2.40.000 Equity Shares of Rs 10 each for subscription by the designated Markel Maker
('the Market Maker Reservation Portion'). The Offer and the Net Offer will
constitute 26.77% and 25.39%, respectively of the Post Offer Paid-up Equity Share Capital
of the Company. Allocation to all categories shall be made on a proportionate basis
subject to valid Bids received at or above the Offer Price. Under subscription, if any, in
any of the categories, would be allowed to be met with spill-over from any of the other
categories or a combination of categories at the discretion of our Company and the Selling
Shareholders in consultation with the Book Running Lead Manager and Designated Stock
Exchange. Such inter-se spill over, if any, would be allected in accordance with
applicable laws, rules, regulations and guidelines. All Investors shall participle in this
Offer only through APPLICATION SUPPORTER BY BLOCKED AMOUNT ('ASBA')
process by providing the details of their respective bank accounts in which the
corresponding application amounts were blocked by Self Certified Syndicate Banks (the
'SCSBs').
SUBSCRIPTION DETAILS
Tne Offer has received 440 applications for 50,62,000 Equity Shares resulting in 1,10
times subscription,
Final Demand
The final demand at different bid prices {before technical rejections & withdrawals)
is as under:
Bid Price |
No. of Shares |
% of Total |
Cumulative Total |
Cumulative % Of Total |
40 & Cut-Off |
50.76,000 |
99.88 |
50,76,000 |
99.88 |
36 |
6,000 |
0.12 |
50,82,000 |
100.00 |
Total |
50,82.000 |
100,00 |
|
|
Note: Since the Offer Price was finalised at Rs 40 per
Equity Share, the Bids received at a price lower than the Offer Price have not been
considered as valid Bids for allotment. The details of the applications received in the
Offer (before and after technical rejections & withdrawal) are as follows:
Detail of the Applications Received
Category |
Before Technical Rejections &
Withdrawals |
After Technical Rejections &
Withdrawals |
No. of Applications |
No. of Equity Shares |
No. of Applications |
No. of Equity Shares |
Retail Individual Bidder |
377 |
11,31,000 |
375 |
11,25,000 |
Non - Retail Bidder |
62 |
37,11,000 |
61 |
36,99,000 |
Market Maker |
1 |
2,40,000 |
1 |
2,40,000 |
Total |
440 |
50,82,000 |
437 |
50,64,000 |
In the event of oversubscription, the allotment will be made on a
proportionate basis in marketable lots. There was under subscription in Retail Category to
the extent of 10,59,000 Equity Shares and over subscription of 4.56,000 Equity Shares in
Non- Retail Category (including unsubscribed portion of Retail Category). The Basis of
Allotment was finalised in consultation with the Designated Stock Exchange - BSE Ltd on
October 13, 2016.
A. Allocation to Marker Maker (After Technical Rejections & Withdrawals):
The Basis of Allotment to the Market Maker, at the Offer Price of Rs 40 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 2,40,000 Equity Shares out of
reserved portion of 2,40,000 Equity Shares.
B. Allocation to Retail Individual investors (After Technical
Rejections & Withdrawals); The Basis of Allotment to the Retail Individual
Investors, at the Offer Price of Rs 40 per Equity Share, was finalised in consultation
with BSE, Pursuant to Regulation 43(4) of the SEBI (ICDR) Regulations, 2009, the total
number of shares allocated In this category Is 11.25.000' Equity Shares. The category
was subscribed by 0,515 times.
* The under-subscribed 10.59,000 Equity Shares in this category have been spilled over
to Non-Retail Category.
The catesory-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 Shares Appliert in
Each Category |
% to Total |
Allocation per Applicant |
Ratio of Allottees to the
Applicant |
Total No. of Shares
Allotted |
3,000 |
375 |
100.00 |
11,25,000 |
100.00 |
3,000 |
1:1 |
11,25.000 |
Total |
375 |
100.00 |
11,25.000 |
100.00 |
|
|
11,25.000 |
C. Allocation to Non - Retails Category (After Technical
Rejections & Withdrawals): The Basis of Allotment to the Non - Retail
Investors, at the Offer Price of Rs 40 per Equity Share, was finalised in
consultation with BSE. Pursuant to Regulation 43(4) of the SEBI (ICDR) Regulations, 2009.
the total number of shares allocated In this category is 32,43,000* Equity Shares. The
category was subscribed by 1.140 times.
* The under-subscribed portion from Retail category of 10,59,000 Equity Shares has been
added to this Category 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 Shares
Appliert in Each Category |
% to Total |
Allocation per
Applicant |
Ratio of Allottees to
the Applicant |
Total No. of Shares
Allotted |
6,000 |
3 |
4.92 |
18,000 |
0.49 |
6,000 |
1:1 |
18,000 |
9,000 |
4 |
6.56 |
36,000 |
0.97 |
6,000 |
1:1 |
20,000 |
9,000 |
(Lottery System -
Serial No. of Qualifying Applicants is 1,3 & 4) |
3,000 |
3:4 |
9,000 |
12,000 |
11 |
18.03 |
1.32.000 |
3.57 |
9,000 |
1:1 |
99.000 |
12,000 |
(Lottery System -
Serial No. of Qualifying Applicants is 1,2,7,8, 9 & 11) |
3,000 |
6:11 |
18,000 |
15,000 |
2 |
3.28 |
30,000 |
0.81 |
12,000 |
1:1 |
24,000 |
18,000 |
4 |
6.56 |
72,000 |
1.95 |
15,000 |
1:1 |
60,000 |
21,000 |
4 |
6.56 |
84,000 |
2.27 |
18.000 |
1:1 |
72.000 |
24,000 |
10 |
16.39 |
2.40.000 |
6.49 |
21.000 |
1:1 |
2.10.000 |
27,000 |
4 |
6.56 |
1,08,000 |
2.92 |
24.000 |
1:1 |
96.000 |
30,000 |
1 |
1.64 |
30.000 |
0.81 |
27,000 |
1:1 |
27.000 |
66,000 |
1 |
1.64 |
66,000 |
1.78 |
57,000 |
1:1 |
57,000 |
75,000 |
1 |
1.64 |
75,000 |
2.03 |
66,000 |
1:1 |
66,000 |
93,000 |
1 |
1.64 |
93,000 |
2.51 |
81,000 |
1:1 |
81,000 |
1,08,000 |
1 |
1.64 |
1,08,000 |
2.92 |
96,000 |
1:1 |
96.000 |
1.20.000 |
1 |
1.64 |
1,20.000 |
3.24 |
1.05.000 |
1:1 |
1,05.000 |
1.23,000 |
1 |
1.64 |
1.23.000 |
3.33 |
1.08.000 |
1:1 |
1.08.000 |
1,26,000 |
5 |
8.20 |
6.30.000 |
17.03 |
1,11,000 |
1:1 |
5.55.000 |
1,59:000 |
2 |
3.28 |
3.18.000 |
8.60 |
1,38,000 |
1:1 |
2.76.000 |
1,71.000 |
2 |
3.28 |
3,42,000 |
9.25 |
1,50,000 |
1:1 |
3,00,000 |
2,64,000 |
1 |
1.64 |
2.64.000 |
7.14 |
2,31.000 |
1:1 |
2.31.000 |
3.48.000 |
1 |
1.64 |
3.48,000 |
9.41 |
3,06,000 |
1:1 |
3,06.000 |
4,62,000 |
1 |
1.64 |
4,62,000 |
12.49 |
4,05 000 |
1:1 |
4,05,000 |
Total |
61 |
100.00 |
36,99,000 |
100.00 |
|
|
32,43,000 |
The Board of Director of the Company at its meeting
held on October 14, 2016 has taken on record the Basis of Allotment of Equity Shares, as
approved by the Designated Stock Excham viz. BSE and has authorized the corporate
action for the allotment of the Equity Shares to various successful bidders.
The CAN and allotment advice and / or notices have been dispatched to the address of the
Investors as registered with the depositories. Further, the Instructions to Self Certified
Syndicate Bank have been processed on or before October 17, 2016 for unblocking of funds.
The Equity Shares allotted to successful bidders are being credited to their beneficiary
accounts subject to validation of the account details with the depositories concerned, in
case the same is not received within prescribed time, investors may contact the Registrar
to the Offer at the address given below. The Company is taking steps to get the Equity
Shanes admitted for trading on the SME Platform of BSE Limited within 6 working days from
the Closure of the Offer. The trading is proposed to be commenced on October 18,2016
subject to receipt of listing and trading approvals from BSE.
Note: All capitalized terms used and not defined herein shall have the
respective meanings assigned to them in the Prospectus dated October 07. 2016
('Prospectus').
INVESTORS PLEASE NOTE
The deiails of the allotment made has been hosted on the website of the Registrar to
the Offer, Bigshare Services Private Limited at Website: www.bigshareonline.corn.
All future correspondence in this regard may kindly be addressed to the Registrar to the
Offer quoting full name of the First/ Sole Bidder. Serial number of the Application
Form Number of Shares bidded for and Bank Branch where the Application had been
lodged payment details at the address given below:
BIGSHARE SERVICES PRIVATE LIMITED
E/2. Ansa industrial Estate. Sakivihar Road. Sakinaka, Andheri (East). Mumbai-400 072,
Maharashtra. India,
Tel: + 91 -022 40430200; Fax: +91 - 022 2347 5207; Investor Grievance Email: investor@bigshareonline.com: Email: ipo@bigshareonline.com
Website; www.bigshareonline.com; Contact Person:
Mr. Ashok Shetty; SEBl Registration No.; INR000001385
Place: Chennai Date: October 17,2016 |
For Diksat Transworld Limited
On behalf of the Board of Directors
Sd/-
Managing Director |
|