Issue Open | Aug 27, 2007 |
Issue Close | Sep 3, 2007 |
IPO Price | ₹45 |
Face Value | ₹10 |
IPO Size | ₹18.03 Cr |
Listing At | BSE |
IPO Lot Size | 150 |
DAGGER
FORST TOOLS LIMITED
(The Company was incorporated on 4th May 1865 aa Dagger Forst Tools
Limited) BASIS OF ALLOTMENT Composite issue of 73,31,104 Equity Shares of Rs. 10/- each aggregating to Rs. 2900.00 Lacs comprising of: 1. Rights Issue of 33,24,954 Equity Shares of Rs.10/-each for cash at a premium of Rs.
23 per share (i.e., at a price of Rs. 33 per share) aggregating Rs, 1097.23 Lacs to the
existing Equity Shareholders of the Company in the ratio of 5 Equity shares for every 7
Equity Shares held as on July 06,2007 (Record Date). RIGHTS ISSUE-BASIS OF ALLOCATION
On September 21,2007, the Committee of Directors, constituted by the Board of Directors, has approved the Basis of Allotment and allotted the said 33,21,053 Equity Shares. As per the Basis of Allotment, stated in the Offer Document, Equity shares were allotted in full to the Shareholders and Renouncees against applications towards their entitlement as stated in the Offer Document, allotment to shareholders against applications towards additional shares has been made considering the shares held by shareholders on July 06,2007(Record date) and the basis of allotment to shareholder who have applied for additional shares was finalized in consultation with BSE, the desingated Stock Exchange. PUBLIC ISSUE-BASIS OF ALLOCATION
A)Allocation to Retail Investors
B) Allocation to Non-Institutional Investors
The Committee of Directors of the Company has approved the Basis of Allotment on
September 21,2007 and has allotted shares to the valid applicants. INVESTORS PLEASE NOTE Intime Spectrum Limited
THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE EQUITY SHARE OR THE BUSINESS PROSPECTS OF DAGGER FORST TOOLS LIMITED |
The Dagger Forst FPO basis of allotment (published above) tells you how shares are allocated to you in Dagger Forst FPO and category wise demand of IPO share.
Visit the Dagger Forst FPO allotment status page to check the number of shares allocated to your application.
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