Birla Pacific
Medspa Limited
THE YASH BIRLA GROUP
Our company was originally Incorporated in the name of 'Birla Pacific Medspa
Priavte Limited.' on July 15,2008 under the Companies Act, 1956 in the State of
Maharashtra. The company was converted to a Public Company and the name was consequently
changed to 'Birla Pacific Medspa Limited' and a fresh Certificate of Incorporation
consequent to Change of Name was obtained from Registrar of Companies, Maharashtra on 14th
July, 2010. The Corporate Identification Number of our Company is U85100MH2008PLC184689.
Registered and Corporate Office: Dalamal House, 1 st Floor, 206, J.B.Marg,
Nariman Point Mumbai -400 021.Tel: +91 -22-6616 8400, Fax: +91 -22-2204
7835; Email: ipo@birlapacificmedspa.com
Web site: www.birlapacificmedspa.com
Contact person: Ms. Khyati Mashru, Company Secretary and Compliance Officer
E-mail: complianceofficer@birlapacificmedspa.com
The Company is promoted by Mr. Yashovardhan Birla and Birla Wellness &
Healthcare Pvt. Limited, a Yash Birla Group company.
BASIS OF ALLOTMENT
PUBLIC ISSUE OF 65,175,000 EQUITY SHARES OF RS.10/- EACH AT A PRICE OF RS. 10/- PER
EQUITY SHARE FOR CASH AGGREGATING TO RS. 6517.50 LACS (THE 'ISSUE'), BY BIRLA
PACIFIC MEDSPA LIMITED (THE 'COMPANY' OR THE 'ISSUER'). THE ISSUE
CONSTITUTES 58.12% OF THE FULLY DILUTED
POST ISSUE PAID-UP CAPITAL OF OUR COMPANY.
THE ISSUE PRICE IS ONE TIME OF THE FACE VALUE
The equity shares of the Company are proposed to be listed on Bombay Stock
Exchange Limited
('BSE') and Trading is expected to commence on 7th july 2011
ISSUE PRICE: RS. 10/- PER EQUITY SHARE OF THE FACE VALUE OF RS.
10/- EACH
BID/ISSUE OPENED ON JUNE 20, 2011 CLOSED ON JUNE 23, 2011
This Issue was made through a 100% Book Building Process in terms of regulation
26(2)(a)(i) and b(i) of SEBI (ICDR) Regulations, 2009, as amended from time to time,
whereby at least 50% of the Issue was to be allocated to Qualified Institutional Buyers
(QIBs) on a proportionate basis, subject to valid bids being received at or above the
Issue Price. 5% of the QIB Portion was available for allocation on proportionate basis to
Mutual Funds only and the remaining Net QIB portion was available for allocation on a
proportionate basis to all Qualified Institutional Buyers, including Mutual Funds, subject
to valid bids being received at or above Issue Price. Further, upto 15% of the Issue was
available for allocation on a proportionate basis to Non Institutional Bidders and upto
35% of the Issue was available for allocation on a proportionate basis to Retail
Individual Bidders, subject to valid bids being received at or above the Issue Price.
The Issue received 3138 applications for 74670000 equity shares resulting in
1.15 times subscription. The details of the applications received
in the Issue from Qualified Institutional Buyers, Non-Institutional and Retail Individual
Investor categories are as under: (Before technical rejections)
|
Category |
No. of Applications |
No. of Shares |
No. of times Subscription |
A |
Qualified Institutional Investors |
5 |
33812000 |
1.03 |
B |
Non Institutional Investors |
5 |
1614000 |
0.16 |
C |
Retail Individual Investors |
3128 |
39244000 |
1.72 |
|
Total |
3138 |
74670000 |
1.15 |
Final Demand
A summary of the final demand as per BSE and NSE as on the Bid/Issue Closing date at
different bid prices is as under:
Bid Price |
No. of Shares |
% to Total |
Cumulative Total |
Cumulative % to Total |
10 |
32819500 |
42.58 |
77071000 |
100.00 |
11 |
6674000 |
8.66 |
44251500 |
57.42 |
Cutoff |
37577500 |
48.76 |
37577500 |
48.76 |
Total |
77071000 |
100 |
|
|
The Basis of Allotment was finalized in consultation with the Designated Stock
Exchange, being The Bombay Stock Exchange Limited ('BSE') on June 30,2011
The Board of Directors of the Company at its Meeting held at Mumbai, on June 30,2011
allotted the Equity Shares to the successful applicants. Details of valid applications
received & allotments done are as under:
A. Allotment to Retail Individual Investors, including ASBA applications (After
Technical Rejections)
The Basis of Allotment to the Retail Individual Investors, who have bid at cut-off or at
the Issue Price of Rs. 10/- per Equity Share, was finalized in consultation with BSE. The
category was subscribed 1.26 times. As per the Prospectus, the
spill over portion from QIB Category was 3591228 equity shares and 3346522 from
Non Institutional Category. The total number of equity shares allotted in this category is
29750366 Equity Shares (including 1366 excess shares allotted for rounding off) to 2966
successful applicants. Out of the valid SCSB ASBA applications, 8910549 equity shares
were allotted to 1057 successful SCSB ASBA applicants. Out of the valid Syndicate ASBA
applications, 226626 equity shares were allotted to 18 successful Syndicate ASBA
applicants. The category-wise details of the Basis of Allotment are as under:
Category |
No. of Applications |
% to Total |
Shares Applied |
% to Total |
No. of Shares allocated |
Ratio |
Total No. of Shares allocated |
500 |
524 |
16.96 |
262000 |
0.67 |
500 |
29:38 |
200000 |
1000 |
199 |
6.44 |
199000 |
0.51 |
763 |
1:1 |
151837 |
1500 |
36 |
1.17 |
54000 |
0.14 |
1145 |
1:1 |
41220 |
2000 |
37 |
1.20 |
74000 |
0.19 |
1526 |
1:1 |
56462 |
2500 |
13 |
0.42 |
32500 |
0.08 |
1908 |
1:1 |
24804 |
3000 |
10 |
0.32 |
30000 |
0.08 |
2289 |
1:1 |
22890 |
3500 |
2 |
0.06 |
7000 |
0.02 |
2671 |
1:1 |
5342 |
4000 |
5 |
0.16 |
20000 |
0.05 |
3052 |
1:1 |
15260 |
4500 |
21 |
0.68 |
94500 |
0.24 |
3434 |
1:1 |
72114 |
5000 |
17 |
0.55 |
85000 |
0.22 |
3815 |
1:1 |
64855 |
5500 |
1 |
0.03 |
5500 |
0.01 |
4197 |
1:1 |
4197 |
6000 |
1 |
0.03 |
6000 |
0.02 |
4578 |
1:1 |
4578 |
7000 |
2 |
0.06 |
14000 |
0.04 |
5341 |
1:1 |
10682 |
7500 |
2 |
0.06 |
15000 |
0.04 |
5723 |
1:1 |
11446 |
8000 |
3 |
0.10 |
24000 |
0.06 |
6104 |
1:1 |
18312 |
9000 |
192 |
6.21 |
1728000 |
4.43 |
6867 |
1:1 |
1318464 |
9500 |
2 |
0.06 |
19000 |
0.05 |
7249 |
1:1 |
14498 |
10000 |
5 |
0.16 |
50000 |
0.13 |
7630 |
1:1 |
38150 |
10500 |
1 |
0.03 |
10500 |
0.03 |
8012 |
1:1 |
8012 |
11500 |
1 |
0.03 |
11500 |
0.03 |
8775 |
1:1 |
8775 |
12000 |
1 |
0.03 |
12000 |
0.03 |
9156 |
1:1 |
9156 |
12500 |
1 |
0.03 |
12500 |
0.03 |
9538 |
1:1 |
9538 |
13500 |
2 |
0.06 |
27000 |
0.07 |
10301 |
1:1 |
20602 |
14000 |
1 |
0.03 |
14000 |
0.04 |
10682 |
1:1 |
10682 |
15000 |
4 |
0.13 |
60000 |
0.15 |
11445 |
1:1 |
45780 |
15500 |
1 |
0.03 |
15500 |
0.04 |
11827 |
1:1 |
11827 |
16000 |
2 |
0.06 |
32000 |
0.08 |
12209 |
1:1 |
24418 |
18000 |
2003 |
64.82 |
36054000 |
92.47 |
13735 |
1:1 |
27511205 |
20000 |
1 |
0.03 |
20000 |
0.05 |
15260 |
1:1 |
15260 |
Total: |
3090 |
100.00 |
38988500 |
100.00 |
|
|
29750366 |
B. Allotment to Non Institutional Investors, including ASBA applications (After
Technical Rejections)
The basis of allotment to Non Institutional Investors, who have bid at the Issue Price of
Rs.10/- per Equity Share, was finalized in consultation with BSE. The category was
subscribed 0.16 times. The total number of equity shares allotted in this category is 1614000
to 5 successful applicants. All the applicants in this category have been given firm
allotment. There were five applications under ASBA process for 1614000 equity shares.
C. Allotment to QIBs (After Technical Rejections)
The QIBs in this issue had 5 applications which were received through ASBA. The category
was subscribed 1.03 times. The total number of equity shares allotted in this category is
33812000 to 5 successful applicants. All the applicants in this category have been given
firm allotment.
Dates of dispatch of Refund Orders, Credit to beneficiary
Accounts, Refund instructions and Listing details |
Activity |
Date of Completion |
Approval of Basis of Allotment by BSE |
June 30, 2011 |
Dispatch of Allotment Advices, Refund Orders and ECS Intimation Note |
July 04, 2011 |
Refund Instructions to the Clearing System (in case of Refunds through NECS system) |
July 04, 2011 |
Instructions to the Self Certified Syndicate Banks (SCSBs) by the registrar |
July 01, 2011 |
Listing Application to BSE |
July 04, 2011 |
Credit to beneficiary Accounts |
July 02, 2011 |
Refunds have been made through NECS into the Bank Accounts of the applicants, as
registered with the depositories. For other applicants Refund Orders have been dispatched
to their address as registered with the depositories. 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 are being credited to their
beneficiary accounts subject to validation of the account details with the depositories
concerned. The company has obtained listing and trading permission from Bombay Stock
Exchange Limited and trading in the equity shares of the company is expected to commence
on 7th July2011.
INVESTORS PLEASE NOTE
This details of the allotment made would be hosted on the website of Registrars to the
Issue, Adroit Corporate Services Private Limited at www.adroitcorporate.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:
Adroit Corporate Services Pvt Ltd
18/19/20,1st Floor, Jaferbhoy Industrial Estate, Makwana
Road, Marol Naka, Andheri (E), Mumbai - 400 059
Tel: +91 22 - 42270400 /28594060/ 6060/
Fax: +91 22 - 28503748
SebiRegn No.: INR000002227
Website: www.adroitcorporate.com
Place: Mumbai
Date: July 05,2011
Email: birla_ipo@adroitcorporate.com
|
For Birla Pacific Medspa Ltd.
Sd/-
DR. ABHIJIT DESAI
MANAGING DIRECTOR |
|