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(This
is only an advertisement for information purpose and not a Prospectus announcement. This
does not constitute an invitation or offer to acquire. purchase or subscribe to
securities. Not for publication or distribution, directly or indirectly outside India.)
CRP RISK MANAGEMENT LIMITED 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, Mumbai dated March 6, 2000 with the name 'CRP Technologies (india) Private Limited'. Subsequent, our Company was converted into a public limited company pursuant to approval of the shareholders at an extraordinary general meeting held on May 25, 2011 and consequently, the name of our Company was changed to 'CRP Technologies (India) Limited' and a fresh certificate of incorporation consequent upon conversion to public limited company was issued by the Registrar of Companies, Maharashtra, Mumbai on June 23, 2011'. Subsequently, the name of our company was further changed to 'CRP Risk Management Limited' and a fresh certificate of incorporation consequent upon change of name was issued by the Registrar of Companies. Maharashtra. Mumbai on November 17,2014. for further details of our Company, please refer 'General Information' and 'History and Certain Other Corporate Matters' on pages 44 and 97. respectively. Registered Office: B - 208-209, Classique Centre, Off
Mahakali Caves, Andheri (East). Mumbai - 400 093, Maharashtra, India. PROMOTERS OF THE COMPANY: HITESH ASRANI BASIS OF ALLOTMENT PUBLIC ISSUE OF UP TO 51,36,000 EQUITY SHARES OF FACE VALUE OF RS 10.00 EACH OF CRP RISK MANAGEMENT LIMITED ('OUR COMPANY' OR 'THE ISSUER') FOR CASH AT A PRICE OF RS 60.00 PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF RS 50.00 PER EQUITY SHARE) ('ISSUE PRICE') AGGREGATING TO RS 3,081 60 LAKHS ('THE ISSUE') CONSISTING OF FRESH ISSUE OF UP TO 40,00,000 EQUITY SHARES AGGREGATING TO RS 2,400.00 LAKHS AND AN OFFER FOR SALE OF UP TO 11,36,000 EQUITY SHARES BY SHIBANI BELWALKAR. (NON PROMOTER SELLING SHAREHOLDER) AGGREGATING TO RS 681.60 LAKHS ('OFFER FOR SALE') OF WHICH UP TO 2,68,000 EQUITY SHARES AGGREGATING TO RS 160.80 LAKHS WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER ('MARKET MAKER RESERVATION PORTION'). THE ISSUE LESS THE MARKET MAKER RESERVATION PORTION I.E. ISSUE OF UP TO 48,68,000 EQUITY SHARES QF FACE VALUE OF RS 10.00 EACH AT AN ISSUE PRICE OF RS 60.00 PER EQUITY SHARE AGGREGATING TO RS 2,920,80 LAKHS IS HEREINAFTER REFERRED TO AS THE 'NET ISSUE'. THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 29.37% AND 27.64%, 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 OFTHE SEBI (ICDR) REGULATIONS, 2009 AS AMENDED (THE 'SEBI REGULATIONS'), OUT OF THE NET ISSUE OF 48,68,000 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 INVESTORS 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 EACH AND ISSUE OPENED ON JANUARY 18, 2018 AND CLOSED ON JANUARY 22,
2018 The Equity Shares offered through this Prospectus are proposed to be listed on the SME Platform of BSE. In terms, of the Chapter XB of the SEBI (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 January 9, 2018 from B$E for using its name in this Prospectus for listing of our Equity Shares on the SME Platform of BSE. For the purpose of this issue, BSE shall be the Designated Stock Exchange. The trading is proposed to be commenced with effect from WEDNESDAY, JANUARY 31, 2018*. *Subject to receipt of listing and trading approvals from the BSE. All Applicant 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 4589 applications (after removing applications not banked) for
1,04,26,000 Equity Shares resulting in 2.03 times subscription (including reserved portion
of Market Maker). The details of the applications received in the Issue (before technical
rejections) are as follows:
The details of applications 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
* Retail Individual investor has subscribed to the extend 89.43% of the net issue. Hence they were offered 89.44% of net issue of 48,68,000 shares i.e. 43,54,000 shares (after round in off) and balance 10.56 % of the net issue aggregating to 5,14,000 shares, were offered to non-retail category. Allocation: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - BSE on January 25, 2018. A. Allocation to Market Mater (After Technical Rejections: The Basis of Allotment to the Market Maker, at the issue price of Rs 60 per Equity Share, was finalized in consultation with BSE. The category was subscribed by 1 00 times. The total number of shares allotted in this category is 2,68,000 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 60 per Equity Share, was finalised in consultation with BSE. The category was subscribed 2.05 times. The total number of shares allotted In this category is 43,54,000 Equity Shares to 2177 successful applicants. The retail category has applied for Rs 89.11 % of the valid applications under the net offer to public The Category-wise details of the Basis ol Allotment are as nnder:
C. Allocation to Non Retail Investors (After Technical Rejections); The Basis of Allotment to the Non-Retail Investors, at Ihe Issue price of Rs 60 per Equity Share, was finalized in consultation with BSE- The category was. subscribed 2.05 times. The total number of shares allotted in this category is 5,14.000 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 January 25, 2018 has taken on record the Basis of Allocation of Eqtiity Shares approved by the Designated Stock Exchange viz. BSE and has authorized the corporate action for the transfer of the Equity Shares to various successful applicants. The CAN and allotment advice and/or notices are dispatched to the address of the Applicants as registered with the depositories on or before January 30, 2018. Further, the instructions to Self Certified Syndicate Banks are processed on or prior to January 30, 2018. The Equity Shares allocated 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 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 January 9, 2018 ('Prospectus'). INVESTORS PLEASE NOTE The details of the allotment made would also be hosted on the website of the Registrar to the Issue, SKYLINE FINANCIAL SERVICES PRIVATE LIMITED at www.skylinerta.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: SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
THE LEVEL OF SUBSCRIPTION SHOULD NOT BETAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE EQUITY SHARE ON LISTING OR THE BUSINESS PROSPECTS OF CRP RISK MANAGEMENT LIMITED. |
The CRP Risk Management IPO basis of allotment (published above) tells you how shares are allocated to you in CRP Risk Management IPO and category wise demand of IPO share.
Visit the CRP Risk Management IPO allotment status page to check the number of shares allocated to your application.
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