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Anu Laboratories IPO Details

Issue Open May 12, 2008
Issue Close May 15, 2008
IPO Price ₹210
Face Value ₹10
IPO Size ₹80.22 Cr
Listing At BSE
IPO Lot Size 30

Anu's Laboratories Limited
(The Company was incorporated on February 20, 1996 as Anu's Laboratories Limited)
Registered Office: A-49, Madhura Nagar, Vengalrao Nagar, Hyderabad - 500 038.
Tel.: +91 40 2374 1677; Fax: +91 40 2374 1678; Website: www.anulabs.com, E-mail: ipo@anulabs.com,
Contact Person: Mr. S. Naresh Kumar, Compliance Officer and Company Secretary, Mobile No.: 09849491456

BASIS OF ALLOCATION

PUBLIC ISSUE OF 38,20,000 EQUITY SHARES OF RS. 10/- EACH AT A PRICE OF RS. 210 PER EQUITY SHAfiE FOR CASH AGGREGATING RS. 8022 LAKHS (HEREINAFTER REFERRED TO AS THE 'ISSUE'), INCLUDING EMPLOYEE RESERVATION OF 2,00,000 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH AT A PRICE OF RS. 210 PER EQUITY SHARE FOR CASH AGGREGATING RS. 420 LAKHS (HEREINAFTER REFERRED TO AS THE 'EMPLOYEE RESERVATION PORTION'). THE ISSUE LESS THE EMPLOYEE RESERVATION PORTION SHALL BE 36,20,000 EQUITY SHARES OF RS. 10/- EACH (HEREINAFTER REFERRED TO AS THE 'NET ISSUE TO THE PUBLIC'). THE ISSUE WILL CONSTITUTE 31.63% OF THE POST ISSUE PAID-UP CAPITAL OF OUR COMPANY.

THE FACE VALUE PER EQUITY SHARE IS RS.10/-. THE ISSUE PRICE PER EQUITY SHARE IS RS. 210/- AND IS 21 TIMES THE FACE VALUE.

This Issue was made through a 100% Book Building Process wherein not more than 50% of the Net Issue was made available for allocation on a proportionate basis to Qualified Institutional Buyers ('QIBs'). 5% of the QIB Portion was made available for allocation on a proportionate basis to Mutual Funds only. Further, not less than 15% of the Net Issue to Public was made available for allocation on a proportionate basis to Non Institutional Bidders and not less than 35% of the Net Issue was made available for allocation on a proportionate basis to Retail Individual Bidders, subject to valid Bids being received at or above the Issue Price. Further upto 200000 equity shares were made available for allocation on a proportionate basis to the employees, subject to valid Bids being received at or above the Issue Price.
The Issue received 40,040 applications for 3,08,60,955 equity shares resulting in 8.07 times subscription. The details of the applications received in the Issue from Qualified Institutional Buyers, Non-Institutional Investors, Retail Individual Investor and Employee categories are as under: (Before technical rejections)

Category No. of Applns. No. of Shares Subscription
Qualified Institutional Buyers 16 51,39,510 2.83
Non Institutional Investors 202 1,36,20,190 25.08
Retail Individual Investors 39,779 1,19,01,245 9.39
Employees 43 2,00,010 1.00

Final Demand
A sample of the final demand at different bid prices is as under:

Price No. of Shares % to Total Cumulative Total Cumulative % to total
200 71010 0.2206 32187480 100.0000
201 60 0.0002 32116470 99.7794
202 60 0.0002 32116410 99.7792
203 60 0.0002 32116350 99.7790
204 60 0.0002 32116290 99.7788
205 47580 0.1478 32116230 99.7786
206 510 0.0016 32068650 99.6308
207 0 0.0000 32068140 99.6292
208 60 0.0002 32068140 99.6292
209 0 0.0000 32068080 99.6290
Cut Off Price /Rs.210 32068080 99.6290 32068080 99.6290

The Basis of Allocation was finalized in consultation with the Bombay Stock Exchange Limited ('BSE') on May 26, 2008.

A. Allocation to Employees (After Technical Rejections)
The Basis of Allocation to the Employees, who have bid at cut-off or at the Issue Price of Rs.210/- per Equity Share, was finalized in consultation with BSE. The category was subscribed to the extent of 1.000050 times. The total number of shares allotted in this category is 200000 Equity Shares to 43 successful applicants. The category-wise details of the Basis of Allocation (Sample) are as under:

Category No. of Applns. % to total Total No.
of Shares applied
% to total No. of
Shares allocated
Ratio Total No.
of Shares allocated
300 3 6.98 900 0.45 300 FIRM 900
360 1 2.33 360 0.18 360 FIRM 360
390 1 2.33 390 0.19 390 FIRM 390
570 1 2.33 570 0.28 570 FIRM 570
660 2 4.65 1320 0.66 660 FIRM 1320
720 1 2.33 720 0.36 720 FIRM 720
750 2 4.65 1500 0.75 750 FIRM 1500
870 1 2.33 870 0.43 870 FIRM 870
900 2 4.65 1800 0.90 900 FIRM 1800
1500 1 2.33 1500 0.75 1500 FIRM 1500
2520 1 2.33 2520 1.26 2520 FIRM 2520
2610 1 2.33 2610 1.30 2610 FIRM 2610
6450 1 2.33 6450 3.22 6450 FIRM 6450
7650 1 2.33 7650 3.82 7650 FIRM 7650
14250 1 2.33 14250 7.12 14249 FIRM 14249
18600 1 2.33 18600 9.30 18599 FIRM 18599
19500 1 2.33 19500 9.75 19499 FIRM 19499
19980 1 2.33 19980 9.99 19979 FIRM 19979
20010 2 4.65 40020 20.01 20008 FIRM 40016

B. 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.210/- per Equity Share, was finalized in consultation with BSE. This category has been subscribed to the extent of 9.316740 times. The total number of shares allotted in this category is 12,67,000 Equity Shares to 29,187 successful applicants. The category-wise details of the Basis of Allocation (sample) are as under:

Category No. of Applns. % to total Total No. of
Shares applied
% to total No. of
Shares allocated
Ratio Total No. of
Shares allocated
30 5734 14.57 172020 1.46 30 4:29 23730
60 2429 6.17 145740 1.23 30 2:9 16200
90 1587 4.03 142830 1.21 30 1:3 15870
120 1492 3.79 179040 1.52 30 3:7 19170
150 888 2.26 133200 1.13 30 6:11 14520
180 401 1.02 72180 0.61 30 2:3 8010
210 2634 6.69 553140 4.69 30 3:4 59280
240 1552 3.94 372480 3.16 30 6:7 39900
270 226 0.57 61020 0.52 30 19:20 6450
300 537 1.36 161100 1.36 32 FIRM 17184
330 122 0.31 40260 0.34 35 FIRM 4270
1 1:8 15
360 110 0.28 39600 0.34 39 FIRM 4290
390 112 0.28 43680 0.37 42 FIRM 4704
420 91 0.23 38220 0.32 45 FIRM 4095
450 21444 54.48 9649800 81.75 48 FIRM 1029312

C. 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.210/- per Equity Share, was finalized in consultation with BSE. This category has been subscribed to the extent of 24.264033 times. The total number of shares allotted in this category is 5,43,000 Equity Shares to 177 successful applicants. The category-wise details of the Basis of Allocation (sample) are as under:

Category No. of Applns. % to total Total No.
of Shares applied
% to total No. of
Shares allocated
Ratio Total No.
of Shares allocated
480 4 2.25 1920 0.01 30 2:3 90
750 1 0.56 750 0.01 31 FIRM 31
900 1 0.56 900 0.01 37 FIRM 37
1200 1 0.56 1200 0.01 49 FIRM 49
2250 1 0.56 2250 0.02 93 FIRM 93
3000 1 0.56 3000 0.02 124 FIRM 124
6000 1 0.56 6000 0.05 247 FIRM 247
12000 1 0.56 12000 0.09 495 FIRM 495
27000 1 0.56 27000 0.20 1113 FIRM 1113
50010 2 1.12 100020 0.76 2061 FIRM 4122
100020 1 0.56 100020 0.76 4122 FIRM 4122
238080 4 2.25 952320 7.23 9812 FIRM 39248
380940 1 0.56 380940 2.89 15700 FIRM 15700
600000 3 1.69 1800000 13.66 24728 FIRM 74184
900000 1 0.56 900000 6.83 37092 FIRM 37092
1190460 1 0.56 1190460 9.04 49034 FIRM 49034

D. Allocation to QIBs
Allocation to QIBs has been done on a proportionate basis in consultation with BSE. As per the SEBI guidelines, Mutual Funds were initially allotted 5% of the quantum of shares available (90,500 equity shares) and other QIBs and unsatisfied demands of Mutual Funds were allotted the remaining available shares (17,19,500 equity shares) on proportionate basis.

Category Fls/Banks Flls MFs VCs Total
No.of Shares 1,66,698 9,91,168 4,48,144 2,03,990 18,10,000

The Board of Directors of the company at it's Meeting held at Hyderabad on May 27, 2008 has approved the basis of allocation of shares of the Issue and has allotted the shares to various successful applicants.
The CAN/Refund Orders and allotment advice have been dispatched to the address of the investors as registered with the depositories by May 28, 2008. 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 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 by May 28, 2008. The listing application has been filed with Bombay Stock Exchange on May 28, 2008 and the company is taking steps to get the equity shares admitted for trading on the Bombay Stock Exchange Limited within seven working days from the date of approval of the basis of allocation.

INVESTORS PLEASE NOTE:
These details of the allocation made would be hosted on the website of Registrars to the Issue, Karvy Computershare Private Limited at http://kcpl.karvy.com
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 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:

Karvy Computershare Private Limited

Unit: Anu's IPO, Karvy House, 46, Avenue 4, Street No. 1, Banjara Hills, Hyderabad - 500 034. Tel.: +91 -40 23420818,
Fax: +91-4023420814, Email: einward.ris@karvy.com, website: www.kcpl.karvy.com Contact Person: Mr.M.Murali Krishna

TOLL FREE - HELPLINE NUMBER : 1 -800-3454001

Place : Hyderabad
Date : May 29, 2008
For Anu's Laboratories Limited
sd/-
S Naresh Kumar
Company Secretary & Compliance Offer

THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE EQUITY SHARE ON LISTING OR THE BUSINESS PROSPECTS OF ANU'S LABORATORIES LIMITED.

Anu Laboratories IPO Basis of Allotment FAQs

Check the basis of allotment document above to know about how the shares are allocated in Anu Laboratories IPO. Note that there is a separate rule for allotment in each investor category (i.e. Retail, Non-Institutional, Institutional, Employee).

The Anu Laboratories IPO basis of allotment (published above) tells you how shares are allocated to you in Anu Laboratories IPO and category wise demand of IPO share.

Visit the Anu Laboratories IPO allotment status page to check the number of shares allocated to your application.

Check the basis of allotment document above to know about how the shares are allocated in Anu Laboratories IPO. Note that there is a separate rule for allotment in each investor category (i.e. Retail, Non-Institutional, Institutional, Employee).