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DIMart AVENUE SUPERMARTS LIMITED Our Company was incorporated as Avenue Supermarts Private Limited on May 12,2000 at Mumbai, Maharashtra as a private limited company under the Companies Act, 1956. The name of our Company was changed to Avenue Supermarts Limited due to conversion from a private company to a public company on May 3.2011. For details of changes in the name and the registered: office of our Company, sea 'History and Certain Corporate Matters' on page 143 of the Prospectus dated March 14.2017 ('Prospectus'). Registered Office; Anjaneya CHS Limited. Orchad Avenue, Opp Hiranandani Foundation School, Powai, Mumbai -400 076. Corporate Office: B - 72/72A. Wagle Industrial Estate, Road No. 33, Kamgar Hospital Road, Thane -400604.Contact Person: Ashu Gupta, Company Secretary and Compliance Officer- Tel: (91 22) 3340 0500; Fax: (91 22) 3340 0599, Email: mailto:investorrelations@dmartindia.com; Website: www.dmartindia.com; Corporats Identity Number: U51900MH2000PLC126473 PROMOTERS OF OUR COMPANY: RADHAKISHAN S. DAMANI, GOPIKISHAN S.
DAMANI, SHRIKANTADEVI R, DAMANI, KIRANDEVI G. DAMANI, BASIS OF ALLOTMENT The Equity Shares are proposed to be listed on BSE Limited ('BSE') and National Stock Exchange of India Limited ('NSE') and trading of tha Equity Shares will commence on or about March 21,2017. PUBLIC ISSUE OF 62,541,806 EQUITY SHARES OF FACE VALUE OF RS 10 EACH (THE 'EQUITY SHARES') OF AVENUE SUPERMARTS LIMITED (OUR 'COMPANY' OR 'ISSUER') FOR CASH AT A PRICE OF RS 299 PER EQUITY SHARE (INCLUDlNG) A SHARE PREMIUM OF RS 289 PER EQUITY SHARE) AGGREGATING UP TO RS 18,700 MILLION .THE ISSUE CONSTITUTES 10.02% OF THE POST-1SSUE PAID-UP EQUITY SHARE CAPITAL OF OUR COMPANY. THE ISSUE PRICE :RS 299 PER EQUITY SHARE OF FACE VALUE OF RS 10
EACH Risks to Investors: i. One Global Co-ordinator and Book Running Lead Manager and
eight Book Running Lead Managers associated with ii. The average cost of acquisition of Equity Shares of Promoters. Radhakishan S. Damani, Goplkishan S. Damani, Shrikantadevi R.Damani, Kirandevi G. Damani and Bright Star Investment Private Limited is Rs10.00 and the average cost of acquisition of Equity Shares by our Promoters Royal Palm Private Beneficiary Trust, Mountain Glory Private Beneficiary Trust, Bottle Palm Private Beneficiary Trust, Gulmohar Private Beneficiary Trust and Karnikar Private Beneficiary Trust is Rs 3.33 and the Issue Price at upper end of the price band is significantly high at Rs 299. BlD/lSSUE PROGRAMME: In tems of Rule 19(2)(b))(iii) of the SecuritesContracts (Regulation) Rules, 1957, as amended (the 'SCRR'),this was an issue for at least 10% of the post-Issue paid-up Equity Share capital of our Company. The Issue has been made in accordance with Regulation 26(1) of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended (the 'SEBI Regulations'), through the Book Building Process wherein 50% of the Issue was-allocated on a proportionate basis to Qualified Institutional Buyers ('QIBs'), and our Company allocated 60% of the QIB Portion to Anchor Investors on a discretionary basis, out of which one-third was reserved for domestic Mutual Funds only, subject to valid Bids received from domestic Mutual Funds at the Anchor Investor Allocation Price, in accordance with the SEBI Regulations.5% of the QIB Portion (excluding the Anchor Investor Portion) was available for allocation on a proportionate basis to Mutual Funds only, and the remainder of the QIB Portion was available for allocation on a proportionate basis to all QIB Bidders (other than Anchor investors}, including Mutual Funds, subject to valid Bids received at the issue Price. Further, not less than 15% of the Issue was available for allocation on a proportionate basis to Non-Institutional Bidders and not less than 35% of the Issue was available for allocation to Retail Individual Bidders in accordance with the SEBI Regulations, subject to valid Bids being received at the Issue Price. All potential investors, other than Anchor Investors, were required to mandatorily utilise the Application Supported by Blocked Amount ('ASBA') process providing details of their respective bank account which were blocked by the Self Certified Syndicate Banks ('SCSBs') to participate in the Issue, Anchor Investors were not penrirted to participate in the Anchor Investor Portion through the ASBA process. For details. see 'Issue Procedure' beginning on page 334 of the Prospectus. Please note that participation by non-residents in the Issue was restricted to
partcipation by (i) Flls and FPls through the portfolio investment scheme under Schedule 2
and 2A of the fema Regulations, as the the case may be. in the issue subject to
limited of the individual holding of an fii/FPI below 10% of the post-Issue paid-up
caoital of the Company and the aggregate limit for Fll/FPI investment to 20% of the
post-Issue paid-up capital of our Company: and (ii) Eligible NRIs only on non-repatriation
basis under Schedule 4 of the FEMA Regulations subject to limit of the Individual holding
of an NRl below 5% of the post-lssue paid-up capital of the Company and the aggregate
limit for NRI investment to 10% of the post-lssue paid-up capital of our Company. Further,
other non-residents such as FVCls and multilateral and bilateral devebpment financial
institutions were not permitted to participate in tha Issue. As per the existing policy of
the Government, OCBs cannot participate in this Issue. Also, alternative investment fund
and venture capital funds where sponsor and manager is Indian owned and controlled under
the FEMA Regulations were only allowed to participate in the lssue.
Final Demand
The Basis of Allotment was finalised in oonsullation with the
Designated Stock Exchange, being BSE on March 17, 2017.
B. Allotment to Non institutional Investors (After Technical Rejections) (including ASBA Applications) The Basis of Allotment to the Non-Institutional lnvestors, who have Bid at or above the
Issue Price of Rs 299 per Equity Share, was finalized in consultation with the BSE. This
category has been subscribed to the extern of 271.4806 times. The total number of Equity
Shares Allotted in this category is 9.381,271 Equity Shares to 2,424 successful
applicants.
C. Allotment to QIBs excluding Anchor Investors The Basis of Allotment to QIBs who have Bid at or above the Issue Price of Rs 299 per Equity Share has been done on a proportionate basis in consultation with the BSE. This category has been subscribed to the extent of 148.2299 times of the Net QIB portion As per the SEBl Regulation, Mutual Funds were Allocated 5% of the Equity Shares of Net QIB Portion available i.e. 625,419 Equity Shares and other QIBs, including Mutual Funds were Allocated the remaining available 11.882,942 on proportionate basis. The total number of Equity Shares allotted in the QIB category is 12.508,361 Equity Shares, which were allotted to 344 successful Applicants. The category-wise details of the Basis of Allotment are as under:
Our Company in consultation with the BRLMs have Allocated
18.762.541.Equity Shares to 35 Anchor Investors (through 58 Applications) at the Anchor
Investor Issue Price of Rs 299 per Equity Shares in accordance with the SEBl
Regulations. This represents 60.0% of the QIB Category. All future correspondence in this regard may kindly be addressed to the Registrar to the Issue quoting full name of the First/Sole applicant, Serial numbert of the Bid-Cum-Application form, number of Equity Shares bid for, name of the Member of the Syndicate, place where the bid was submitted and payment details at tha address given below: Link Intime India Private Limited
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The IPO allocation is based on the subscription level and the investor category.
Refer to IPO allotment rules and methods for more details.
See the basis of allotment document above to know how the shares are allocated in DMart IPO .
The DMart IPO basis of allotment (published above) tells you how shares are allocated to you in DMart IPO and category wise demand of IPO share.
Visit the DMart IPO allotment status page to check the number of shares allocated to your application.
In DMart IPO allotment process, the registrar separates valid and invalid applications. The invalid applications with technical errors are rejected and only valid applications at or above the cut-off price are considered for allotment.
For more information, please refer to IPO Allotment Process and Basis of Allotment.
Check the DMart IPO basis of allotment document to know how the shares are allocated in DMart IPO.
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