FREE Account Opening + No Clearing Fees
Loading...
November 26, 2014 - November 28, 2014

Anubhav Infrastructure IPO Basis of Allotment

ANUBHAV INFRASTRUCTURE LIMITED

Corporate Identity Number: U51109WB2006PLC107433

Our Company was incorporated as AnubhavVanijya Private Limited under the provisions of the Companies Act. 1956 vide certificate of incorporation dated January 20, 2006, in West Bengal. Subsequently the name of our Company was changed to Anubhav Infrastructure Private Limited vide fresh certificate of incorporation deted August 13, 2007 issued by the ROC. Our Company was converted into a public limited company and consequently the name of our Company was changed to Anubhav Infrastructure Limited vide fresh certificate of incorporation dated January 11, 2008 issued by the ROC For details of change in registered office of our Company please refer to Chapter tited ' History and Corporate Structure' beginning on the page 77 of the Prospectus.

Registered Office: Room No 303, 3rd Floor, Ananta Bhavan, 94 VivekanandNagar,P.O.Podrah,Andul Road, Howrah-711109, West Bengal
Tel No:
(033)32613440 Fax No: (033)26442626; E-mail:info@anubhavinfrastructure.com; Website: anubhavinfrastructure.com

CONTACT PERSON: MS. SWATI KEDIA, COMPANY SECRETARY AND COMPLIANCE OFFICER
PROMOTERS OF OUR COMPANY: MR. DINESH AGARWAL,PARMESHWAR BARTER PRIVATE LIMITED AND PARMESHWAR MERCANTILE PRIVATE LIMITED

BASIS OF ALLOTMENT

PUBLIC OFFER OF 60,00,000 EQUITY SHARES OF FACE VALUE OF RS 10/- EACH FULLY PAID UP OF ANUBHAV INFRASTRUCTURE LIMITED ('THE COMPANY')THROUGH AN OFFER FOR SALE OF 30,00,000 EQUITY SHARES BY PARMESHWAR BARTER PRIVATE LIMITED AND 30,00,000 EQUITY SHARES BY PARMESHWAR MERCANTILE PRIVATE LIMITED ('SELLING SHAREHOLDERS') FOR CASH AT A PRICE OF RS 15/- PER EQUITY SHARE (THE 'OFFER PRICE') (INCLUDING A SHARE PREMIUM OF RS 5/- PER EQUITY SHARE)AGGREGATING RS 900.00 LAKHS (THE 'OFFER'). THE OFFER COMPRISES A RESERVATION OF 3,20.000 EQUITY SHARES OF RS 10/- EACH FULLY PAID UP FOR SUBSCRIPTION BY THE MARKET MAKER TO THE OFFER ('MARKET MAKER RESERVATION PORTION'). THE OFFER LESS MARKET MAKER RESERVATION PORTION I.E. OFFER OF 56,80.000 EQUITY SHARES OF RS 10/- EACH FOR CASH AT A PRICE OF RS.15 PER EQUITY SHARE AGGREGATING RS.852 LAKHS IS HEREINAFTER REFERRED TO AS THE 'NET OFFER' . THE OFFER AND THE NET OFFER WILL CONSTITUTE 28.02% AND AND 26.52% RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF THE COMPANY

THIS OFFERIS BEING MADE IN TERMS OF CHAPTER XB OF THE SEBI (ICDR) REGULATIONS, 2009,
AS AMENDED FROM TIME TO TIME.

For further details please refer to Sectionstitled 'Other Regulatory and Statutory Ditclosures' and 'Offer Related Information'
beginning on page 132 and 145 of the Prospectus.

THE FACE VALUE OF THE EQUITY SHARES IS RS 10/- EACH AND THE OFFER PRICE IS RS 15/-.
THE OFFER PRICE IS 1.50 TIMES OF THE FACE VALUE

ISSUE OPENED ON WEDNESDAY. NOVEMBER 26, 2014
ISSUE CLOSED ON FRIDAY, NOVEMBER 28, 2014
PROPOSED LISTING: 12TH DECEMBER , 2014

The Equity Share issued through the prospectus are proposed to be listed on the SME Platform of BSE Limited. In terms of the Chapter XB of the SEBI (ICDR) Regulations, 2009, at amended, we are not required to obtain an in-principle listing approval for the shares being offered in this Offer. However, our Company has receivedan approval letter dated Octobers 22, 2014 from BSE for using, its name in the prospectus for listing of our Equity shares on the SME Platform of BSE. For the porpose of this issue, the Designated Stock Exchange will be the BSE Limited ('BSE').The trading is proposed to be commonced with effect from December12, 2014*.

'Subject to receipt of liting and trading approvals from the BSE Limeted.'

All Applicant were allowed to participate in the Offer through APPLICATIONS SUPPORTED BY BLOCKED AMOUNT ('ASBA') process by providing the details of their respective bank accounts in which the Corresponding application amounls were blocked by Self Certified Syndicate Banks (the 'SCSBs').Also. Retail Investors were allowed to participate in the Offer through submission of application forms to the designated branches of HDFC Bank Ltd. along with entire Offer Price of Rs.15 per Equity Share,

SUBSCRIPTION DETAILS

The Issue has received 346 applications for 72,80,000 Equity Share resultting in 1.213 timet subscription (including reserved portion of Martet Maker). The details af the applications received in the Issue (before technical rejections and after cheque returns) are as follows:

Detail of the Applications Received (Before Technical Rejection & After Cheque Return)

Category No. of Applications % No. of Equity Shares % Subscription (Times)
Market Maker 1 0.29 3,20,000 4.396 0.053
Retail Individual Applicant 315 91.04 25,20,000 34.615 0.42
Other than Retail Individual Applicants 30 8.67 44,40,000 60.989 0.74
Total 346 100.00 72,80,000 100.00 1.213

The details of applications, rejected by the Rejected on technical grounds (including withdrawals) are detailed below:

(Technical rejection)

Category No. of Applications No. of Equity Shares
Market Maker 0 0
Retail Individual Applicant 4 32,000
Other than Retail Individual Applicants 3 2,40,000
Total 7 2,72,000

After eliminating technically rejected applications, the following tables gives us Category wise net valid applications:

Category No. of Applications % Issue Size (as per Prospectus) Proportionate Issue Size No. of Valid Shares applied % to Total Applied Subscription (Times)
Retail Individual Investors 311 91.74 28,40,000 28,88,000 24,88,000 35350 0.415
Other than Retail Individual Investors 27 7.965 28,40,000 31,92,000 42,00,000 59.93 0.70
Market Maker 1 0.295 3,20,000 3,20,000 3,20,000 4.57 0.053
Grand Total 339 100.00 60,00,000 60,00,000 70,08,000 100.00 1.168

Allocation: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - BSE Limited on December 09, 2014.

A. Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the offer price of Rs 15/- per Equity Shares, was finalized in consultation with BSE. The category was subscribed by 1.00 time. The total number of shares allotted in this category is 3,20,000 Equity Shares.

B. Allocation to Retail Individual Investors (After Technical Rejections): The Basis of Allotment to the Retail Individual Investors, at the offer price of Rs 15/- per Equity Share, was finalised in consultation with BSE. The category was subscribed by 0.87 times. The total number of shares allotted in this category is 24,88,000 Equity Shares of 311 applicants

The Category wise details of the Basis of Allotment are as under:

No. of stares applied for (Category wise} No. of applications received % To Total Total No. of shares applied in each category % To Total Proportionate shares available Allocation per Applicant (before rounding off) Allocation per Applicant (after rounding off) Ratio of allottees to appticams: RATIO 1 Ratio of allottees to appticams: RATIO 2 Number of successful applicant (after rounding off) Total no. of Shares Allocated/ allotted No. of Shares Surplus/ Deficit
8,000 311 100 24,88,000 100 28,40,000 9131.83 8,000 1 1 311 24,88,000 3,52,000

C. Allocation to Other than Retail Individual Investors (After Technical Rejections Withdrawal): The Basis of Allocation to Other than Retail Investors, at the offer price of Rs 15/- per Equity Share, was finalized in consuitation with BSE. The category was subscribed 1.31 times. The number of shares allotted in this category is 31,92,000 Equity Shares. The Category- wise details of the Basis of Allotment are as under:

No. of stares applied for (Category wise} No. of applications received % To Total Total No. of shares applied in each category % To Total Proportionate shares available Allocation per Applicant (before rounding off) Allocation per Applicant (after rounding off) Ratio of allottees to appticams: RATIO 1 Ratio of allottees to appticams: RATIO 2 Number of successful applicant (after rounding off) Total no. of Shares Allocated/ allotted No. of Shares Surplus/ Deficit
40,000 18 66.07 7,20,000 17.14 5,47,200 30,400 24,000 1 1 18 4,32,000 1,15,200
40,000 8,000 5 6 15 1,20,000 -1,20,000
3,04,000 1 3.70 3,04,000 7.24 2,31,040 2.31,040 2,32,000 1 1 1 2,32,000 -960
3,20,000 1 3.70 3,20,000 7.62 2,43,200 2,43,200 2,40,000 1 1 1 2,40,000 3200
3,28,000 2 7.41 3,56,000 15.62 4,98,560 2,49,280 2,48,000 1 1 2 4,96,000 2560
3,60,000 1 3.7 3,60,000 8.57 2,73,600 2,73,600 2,72,000 1 1 1 2,72,000 1600
4,00,000 3.7 4,00,000 9.52 3,04,000 3,04,000 3,04,000 1 1 1 3,04,000 0
4,16,000 1 3.7 4,16,000 9.9 3,16,160 3,16,160 3,20,000 1 1 1 3,20,000 -3840
4,24,000 1 3.7 4,24,000 10.1 3,22,240 3,22,240 3,20,000 1 1 1 3,20,000 2240
6,00,000 1 3.7 6,00,000 14.29 4,56,000 4,56,000 4,56,000 1 1 1 4,56,000 0

The Board oF Directors of the company at its meeting held on 9th December, 2014 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz. BSE Ltd and has authorized the corporate action for the transfer of the Equity Shares to various successful applicants.

The Refund/allotment intimation are being dispatched to the address of the Applicants as registered with the depositories on or before December 10, 2014. Further, the instructions to Self Certified Syndicate Banks for unblocking The amount are being processed on or prior to 10th December ,2014 In case the same is not received within ten days, investors may contact Registrar 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 twelve 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 November 13,2014 ('Prospectus').

INVESTORS PLEASE NOTE

The details of the allotment made would also be hosted on the website of the Registrar to the Issue MAHESHWARI DATAMATICS PRIVATE LIMITED at www.mdpl.in 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 appliad for and Bank Branch where the application had been lodged and payment details at the address of the Registrar given below:

MAHESHWARI DATAMATICS PRIVATE LIMITED
6, Mangoe Lane, 2nd Floor, Kolkata-700001
Tel. No.: +91-33-22435029/5809, Fax No.: + 91-33-2248 4787
Email: mdpl@cal.vsnl.net.in,mdpldc@yahoo.com
Website: www.mdpl.in Contact Person: Mr S Rajagopal
SEBI Regn. No.: INR000000353

Date : 9th December, 2014

Place : Kolkata

For Anubhav Infrastructure Limited
On behalf of the Board of Directors
Sd/-
Managing Director

Anubhav Infrastructure IPO Basis of Allotment FAQs

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

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

Visit the Anubhav Infrastructure 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 Anubhav Infrastructure IPO. Note that there is a separate rule for allotment in each investor category (i.e. Retail, Non-Institutional, Institutional, Employee).