Univastu India IPO Basis of Allotment

UNIVASTU INDIA LIMITED

Corporate Identification Number: U45200PN2009PLC133864

Our Company was originally incorporated as a private limited company under the Companies Act. 1956 pursuant to a certificate of incorporation issued by the Registrar of Companies, Maharashtra, Pune dated April 29, 2009 with the name 'Unique Vastushilp and Projects Private Limited'. Subsequently the name of our Company was changed to 'Univastu India Private Limited' and a fresh certificate of incorporation consequent upon change of name was issued by the Registrar of Companies. Maharashtra, Pune on March 15.2016. Subsequently, our Company was converted into a public limited company pursuant to approval of the shareholders at an extraordinary general meeting held on April 25, 2017 and consequently, the name of our Company was changed to 'Univastu India Limited'and a fresh certificate of incorporation consequent upon conversion to public limited company was issued by the Registrar of Companies, Maharashtra, Pune on May 13,2017. For further details of our Company, please refer 'General Information' and 'History and Certain Other Corporate Matters' on pages 45 and 93, respectively.

Registered Office: Bungalow No.36/B, Madhav Baug CHS, Shivtirth Nagar, Kothrud, Pune - 411 038. Maharashtra, India. Tel,; +91 20 2543 4617 | Email: info@univastu.com |
Website; www.univastu.com | Contact Person; Dhaval Parekh. Company Secretary and Compliance Officer.

PROMOTER OF OUR COMPANY: PRADEEP KHANDAGALE

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 14,97.000 EQUITY SHARES OF FACE VALUE OF RS 10.00 EACH OF UNIVASTU INDIA LIMITED ('OUR COMPANY' OR 'THE ISSUER') FOR CASH AT A PRICE OF RS 40.00 PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF RS 30.00 PER EQUITY SHARE) ('ISSUE PRICE') AGGREGATING TO RS 598.80 LAKHS ('THE ISSUE'). OF THE ISSUE. 75.000 EQUITY SHARES AGGREGATING TO RS 30.00 LAKHS WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER ('MARKET MAKER RESERVATION PORTION'). THE ISSUE LESS THE MAHKET MAKER RESERVATION PORTION I.E. ISSUE OF 14,22.000 EQUITY SHARES OF FACE VALUE OF RS 10.00 EACH AT AN ISSUE PRICE OF RS 40.00 PER EQUITY SHARE AGGREGATING TO RS. 568.80 LAKHS IS HEREINAFTER REFERRED TO AS THE 'NET ISSUE'. THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 26.34% AND 25.03%, RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY. THIS BEING A FIXED PRICE, AS PER SUB CLAUSE (4) OF REGULATION 43 OF THE SEBI (ICDR) REGULATIONS. 2009 AS AMENDED (THE 'SEBI REGULATIONS'). OUT OF THE NET ISSUE OF 14,22,000 EQUITY SHARES, NOT LESS THAN 50% SHALL BE AVALABLE TO RETAIL INDIVIDUAL INVESTORS AND THE REMAINING TO INDIVIDUAL APPLICANTS OTHER THAN RETAIL INVESTORS AND OTHER INVETORS INCLUDING CORPORATE BODIES OR INSTITUTIONS IRRESPECTIVE OF THE NUMBER OF SHARES APPLIED FOR IF THE RETAIL INDIVIDUAL INVESTOR CATEGORY IS ENTITLED TO MORE THAN 50% ON PROPORTIONATE BASIS, THEY SHALL BE ALLOTTED THAT HIGHER PERCENTAGE.

THE FACE VALUE OF THE EQUITY SHARES IS RS 10.00 EACH AND THE ISSUE PRICE OF RS 40 IS 4 TIMES OF THE FACE VALUE,
ISSUE OPENED ON JULY 14, 2017 AND CLOSED ON JULY 19, 2017
PROPOSED LISTING; THURSDAY. JULY 27, 2017*

The Equity Shares offered through this Prospectus are proposed to be listed on the NSE Emerge Platform (NSE). In terms of the Chapter XB of the SEBl (ICDR) Regulations. 2009, as amended from time to time, we are not required to obtain an in-principal listing approval for the shares being offered in this Issue. However, our Company has received an approval letter dated June 14, 2017 from NSE for using its name in this Prospectus for listing of our Equity Shares on the NSE Emerge Platform. For the purpose or this Issue, National Stock Exchange of India Limited shall be the Designated Stock Exchange. The trading is proposed to be commenced with effect from THURSDAY JULY 27, 2017*.
*Subject to receipt of listing and trading approvals from the NSE.

All Applicants participated in the Issue through APPLICATIONS SUPPORTED 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

The Issue has received 2728 applications for 1.00.50.000 Equity Shares resulting in 6.713 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 application rejected by the Registrar on technical grounds/ withdrawal are detailed below (Technical rejection  Withdrawal):

After eliminating Technically Rejected applications, the following table gives the details of Category wise net valid applications (After technical rejections):

Allocation: The basis of Allotment was finalized in consultation with the Designated Stock Exchange - NSE On July 24, 2017.

A. Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the issue price of Rs 40 per Equity Share, was. finalized in consultation with NSE. The category was subscribed by 1.00 times. The total number of shares allotted in this category is 75.000 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 40 per Equity Share, was finalized in consultation with NSE. The category was subscribed 6.928 times.The total number of shares allotted in this category is 11.37.000 Equity Shares to 379 successful applicants. The retail category has applied for 79.77% of the valid applications under the net offer to public.
The Category-wise details of the Basis of  Allotment are as under:

C. Allocation to Non Retail Investors (After Technical Rejections): The Basis of Allotment to the Non Retail Investors, at the issue price of Rs 40 per Equity Share, was finalized in consultation with NSE. The category was subscribed 7.010 times. The total number of shares allotted in this category is 2,85.000 Equity Shares.
The Category-wise details of the Basis of Allotment are as under:

The Board of Directors of the Company at its meeting held on July 25, 2017 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz. NSE and has authorized the corporate action for the transfer of the Equity Shares to various successlul applicants.
The CAN and allotment advice and/or notices are being dispatched to the address of the Applicants as registered with the depositories on or before July 26.2017. Further, the Instructions to Self Certified Syndicate Banks are being processed on or prior to July 25, 2017. 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 Platform 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 meaning assigned to them in the Prospectus dated July 21.2017 ('Prospectus'').

INVESTORS PLEASE NOTE

The details of the allotment made would also be hosted on the website of the Registrar to the Issue. BIGSHARE SERVICES PRIVATE LIMITED at www.bigshareonline.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:

BIGSHARE SERVICES PRIVATE LIMITED
Bharat Tin Works Building. 1st Floor. Opp. Vasant Oasis. Makwana Road
Marol, Andheri East. Mumbai - 400 059.
Tel : +91 22 62638200 | Fax: +91 22 62638299
E-mail: ipo@bigshareonline.com | Website: www.bigshareonline.com
Contact Person: Mr. Babu Raphel | SEBl Registration No.: INR000001385