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DHANUKA REALTY LIMITED
CIN No.: U45201RJ2008PLC025705
Our Company was originally incorporated as Sunshine Buildmart
Private Limited on January 18, 2008 under the provisions of Companies Act, 1956
with Registrar of Companies, Rajasthan, Jaipur vide registration no. 025705(CIN;
U45201RJ2008PLC025705). Pursuant to Shareholders Resolution passed at the Extra Ordinary
General Meeting of the Company held on May 16,2016 and fresh Certificate of Incorporation
dated July 11, 2016 issued by the Registrar of Companies, Rajasthan, Jaipur, the name or
our Company was changed to 'Dhanuka Realty; Private Limited'.
Subsequently, our Company;was converted into a Public Limited Company pursuant to
Shareholder's Resolution passed at the Extra Ordinary General Meeting of the Company held
on July 18, 2016 and the name of our Company was changed to 'Dhanuka Really
Limited' vide a fresh Certificate of Incorporation dated August 17, 2016
having CIN: U45201RJ2008PLC025705 Issued by the Registrar of Companies, Rajasthan. Jaipur.
For details of the changes in our Name and Registered Office, please see section
titled 'History and Certain Corporate Matters' on pape 126 of
the Prospectus.
Registered Office: 5th Floor, The Solitaire, C-212
& C-213, Gautam Marg, Hanurnan Nagar, Vaishali Nagar, Jaipur-302021, Rajasthan, India Tel
No.: +91-141 -2356821
Email: info@dhanukagroup.in | WebSite:
www.dhanukagroup.in | Contact Person: Mr.
Ankit Sain (Company Secretary & Compliance Officer)
PROMOTERS OF OUR COMPANY: Mr. Girish Chandra Dhanuka, Mr Yogesh
Dhanuka,
Mr. Peeyush Dhanuka, Mr. Hites.h Dhanuka and Dhanuka Coloniser and Builders
Private Limited.
BASIS OF ALLOTMENT
PUBLIC ISSUE OF 10,56,000 EQUITY SHARES OF FACE VALUE OF RS 10.00 EACH OF DHANUKA
REALTY LIMITED ('OUR COMPANY' OR 'THE ISSUER') FOR CASH AT A PRICE OF
RS 40.00 PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF RS 30.00 PER EQUITY SHARE)
('ISSUE PRICE') AGGREGATING TO RS 422.40 LAKHS ('THE ISSUE'), OF WHICH
54,000 EQUITY SHARES OF FACE VALUE OF RS 10.00 EACH FOR A CASH PRICE OF RS 40.00 PER
EQUITY SHARE, AGGREGATING TO RS 21.60 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 10,02,000 EQUITY SHARES OF FACE VALUE OF RS 10.00 EACH
AT AN ISSUE PRICE OF RS 40.00 PER EQUITY SHARE AGGREGATING TO 400.80 LAKHS {IS HEREINAFTER
REFERRED TO AS THE 'NET ISSUE'). THE ISSUE AND THE NET ISSUE WILL CONSTITUTE
30.00% and 28.47%, RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR
COMPANY FOR FURTHER DETAILS, PLEASE REFER TO SECTION TITLED 'TERMS OF THE ISSUE'
BEGINNING ON PAGE 244 OF THE PROSPECTUS.
THIS ISSUE IS BEING MADE IN TERMS OF CHAPTER XB OF THE SECURITIES AND EXCHANGE BOARD OF
INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2009(THE 'SEBI ICDR
REGULATIONS' ), AS AMENDED. THIS ISSUE IS A FIXED PRICE ISSUE AND ALLOCATION IN THE
NET ISSUE TO THE PUBLIC WILL BE MADE IN TERMS OF REGULATION 43(4) OF THE SEBI (ICDR)
REGULATIONS, 2009, AS AMENDED. FOR FURTHER DETAILS, PLEASE REFER TO SECTION TITLED
'ISSUE PROCEDURE' BEGINNING ON PAGE 253 OF THE PROSPECTUS,
THE FACE VALUE OF THE EQUITY SHARES IS RS10.00 EACH AND THE ISSUE PRICE
IS RS 40
THE ISSUE PRICE IS 4.0 TIMES OF THE FACE VALUE
ISSUE OPENED ON FRIDAY, SEPTEMBER 30, 2016 AND CLOSED ON THURSDAY OCTOBER 06, 2016.
PROPOSED LISTING: TUESDAY, OCTOBER 18, 2016
The Equity Shares offered through the Prospectus are proposed to be listed on the SME
Platform of National Stock Exchange of India Limited ('NSE' i.e. 'NSE
EMERGE'). In terms of the Chapter XB of the SEBI (ICDR) Regulations, 2009, as
amended, we are not required to obtain an in-principle listing approval for the shares
being offered in this issue. However, our Company has received an approval letter dated
September 20, 2016 from NSE for using its name in this offer document for listing of our
shares on the SME Platform of NSE. For the purpose of this issue, the Designated Stock
Exchange will be the Nationla Stock exchange of india limited ('NSE EMERGE'). The
trading is proposed to be commenced on or above october 18,2016.*
*Subject to receipt of listing and trading approvals from the National Stock
Exchange of India Limited.
All Applicants were allowed to participate in the Issue through Application
Supported by Blocked Amount ('ASBA') process by providing the details
of the respective bank accounts in which the corresponding application amounts were
blocked by Self Certified Syndicate Banks (the 'SCSBs')
SUBSCRIPTION DETAILS
The issue has received 458 Applications, for 27,42,000 Equity Shares resulting in 2.60
times subscription (Including reserved portion of market maker). The details of the
applications received in the issue (before technical rejections) are as follows:
Detail of the Application Received (before Technical rejection):
| Category |
No. of
Applications |
% |
No. of
Equity Shares |
% |
Subscription
(Times) |
| Market Maker |
1 |
0.22 |
54,000 |
1.97 |
1.00 |
| Retail individual investors |
393 |
66.90 |
11,94,000 |
43.54 |
2.38 |
| Other than Retail Individual Investors |
59 |
12.88 |
14,94,000 |
54.49 |
2.98 |
| Total |
453 |
100 |
2742000 |
100 |
|
The details of applications rejected by the Registrar on
technical grounds are detailed below:
| Category |
No. of
Applications |
No. of
Equity Shares |
| Market Maker |
Nil |
Nil |
| Retail individual investors |
12 |
36,000 |
| Other than Retail Individual Investors |
3 |
39,000 |
| Total |
15 |
75,000 |
After eliminating technically rejected applications, the
following tabla give us category wise net valid applications:
| Category |
No. of
Applications |
% |
Reserved Portion
(as per Prospectus) |
No. of Valid
Shares applied |
% of Total
Applied |
Subscription
(Tlmes) |
| Market Maker |
100 |
100 |
54,000 |
54,000 |
100 |
1.00 |
| Total |
100 |
100 |
54,000 |
54,000 |
100 |
1.00 |
| Category |
No. of
Applications |
% |
Reserved Portion
las ner Pros peel us I |
Proportionate Issue
Size I Afler rounding orf) |
No, of Volid
Shant applied |
% of
Total Applied |
Subscription
(Times) |
| Retail Individual Investors |
386 |
87 33 |
5,01,000 |
5,01,000 |
1158000 |
44.32 |
2.311 |
| Other than Retail Individual Investors |
56 |
12.67 |
5,01,000 |
5,01.000 |
1455000 |
55.68 |
2.904 |
| Total |
442 |
100 |
10,02,000 |
10,02,000 |
2613000 |
100 |
|
Allocation: The Basis of Allotment was finalized, in
consultation with the Designated Stock Exchange - National Slock Exchange of India Limited
on october 13,2016 .
A. Allocation in Market Maker (After Technical Rejections & Withdrawal):
The Basis of Allotment to the Market Maker, at the issue price of Rs 40 per Equity Share,
was finalised in consultation with National Stock Exchange of India Limited . The category
was subscribed by 1.00 times. The total number of shares allotted in this category is
54,000 Equity shares.
The category wise details of the Basis of Allotment are as
under:
| No. Of Shares Applied for (Category wise) |
No. Of Application received |
% to Total |
Total No. of Equity Shares applied in this
Category |
% of tetal |
Proportionate Shares Available |
Allacation per Applicant
(Before Rounding Off) |
Allacation per Applicant
(After Rounding Off) |
Ratio of Allottees to AppliCant: Ratio 1 |
Ratio of Allottees to AppliCant: Ratio 2 |
Number of Successful applicants
(after rounding off) |
Total No. of Equity
Shares allocated/
allotted |
No. of Shares Surplus/ Deficit |
| 54,000 |
1 |
100.00 |
54,000 |
100.00 |
54,000 |
54,000 |
54,000 |
1 |
1 |
1 |
54,000 |
-- |
| Total |
1 |
100.00 |
54,000 |
100.00 |
54,000 |
54,000 |
54,000 |
1 |
1 |
1 |
54,000 |
-- |
B. Allocation In Retail Individual Investors (After Technical
Rejections & Withdrawal); The Basis of Allotment to the Retail Individual
Investors, at the ssue price of Rs 40 per Equity Share, was finalized in consultation with
National Slock Exchange of India Limited. The category was subscribed by 2.311 times i.e.
for 1158000 Equity Shares. Total number of shares allotted in this category is 501000
Equity Shares to 167 successful applicants.
The category wise details of the Basis of Allotment are as under:
| No. Of Shares Applied for (Category wise) |
No. Of Application received |
% to Total |
Total No. of Equity Shares applied in this
Category |
% of tetal |
Proportionate Shares Available |
Allacation per Applicant
(Before Rounding Off) |
Allacation per Applicant
(After Rounding Off) |
Ratio of Allottees to AppliCant: Ratio 1 |
Ratio of Allottees to AppliCant: Ratio 2 |
Number of Successful applicants
(after rounding off) |
Total No. of Equity
Shares allocated/
allotted |
No. of Shares Surplus/ Deficit |
| 3000 |
386 |
100.00 |
1158000 |
100.00 |
501000 |
1297.93 |
3000 |
167 |
386 |
167 |
501000 |
-- |
| Total |
386 |
100.00 |
1158000 |
100.00 |
501000 |
1297.93 |
3000 |
167 |
386 |
167 |
501000 |
-- |
C. Allocation to Other Than Retail Individual Investors (After
Technical Rejections & Withdrawal): The Basis of Allotment to Other than
Retail Individual Investors, at the issue price of Rs 40 per Equity Share, was finalize in
consultation with National Stock Exchange of India Limited. The category was Subscribed by
2.904 times i.e. for 14,55,000 shares the total number of shares allotted in this category
is 501000 Equity Shares to 51 successful applicants.
The category wise details of the Basis of Allotment are as under:
| No. Of Shares Applied for (Category wise) |
No. Of Application received |
% to Total |
Total No. of Equity Shares applied in this
Category |
% of tetal |
Proportionate Shares Available |
Allacation per Applicant
(Before Rounding Off) |
Allacation per Applicant
(After Rounding Off) |
Ratio of Allottees to AppliCant: Ratio 1 |
Ratio of Allottees to AppliCant: Ratio 2 |
Number of Successful applicants
(after rounding off) |
Total No. of Equity
Shares allocated/
allotted |
No. of Shares Surplus/ Deficit |
| 6000 |
18 |
32.14 |
108000 |
7.42 |
37188 |
2065.98 |
3000 |
13 |
18 |
13 |
39000 |
1812 |
| 9000 |
2 |
3.57 |
18000 |
1.24 |
6198 |
3098.97 |
3000 |
1 |
1 |
2 |
6000 |
-198 |
| 2000 |
4 |
7.14 |
48000 |
3.30 |
16528 |
4131.96 |
3000 |
1 |
1 |
4 |
12000 |
-4528 |
| 15000 |
2 |
3.57 |
30000 |
2.06 |
10330 |
5164.95 |
6000 |
1 |
1 |
2 |
12000 |
1670 |
| 18000 |
3 |
5.36 |
54000 |
3.71 |
18594 |
6197.94 |
6000 |
1 |
1 |
3 |
18000 |
-594 |
| 21000 |
5 |
8.93 |
105000 |
7.22 |
36155 |
7230.93 |
6000 |
1 |
1 |
5 |
30000 |
-6155 |
| 24000 |
6 |
10.71 |
144000 |
9.90 |
49584 |
8263.92 |
9000 |
1 |
1 |
6 |
54000 |
4416 |
| 36000 |
1 |
1.79 |
36000 |
2.47 |
12396 |
12395.88 |
12000 |
1 |
1 |
1 |
12000 |
-396 |
| 42000 |
1 |
1.79 |
42000 |
2.89 |
14462 |
14461.86 |
15000 |
1 |
1 |
1 |
15000 |
538 |
| 48000 |
5 |
8.93 |
240000 |
16.49 |
82639 |
16527.84 |
15000 |
1 |
1 |
5 |
75000 |
-7639 |
| 48000 |
|
|
|
|
|
|
3000 |
3 |
5 |
|
9000 |
9000 |
| 51000 |
1 |
1.79 |
51000 |
3.51 |
17561 |
17560.82 |
18000 |
1 |
1 |
1 |
18000 |
439 |
| 54000 |
2 |
3.57 |
108000 |
7.42 |
37188 |
18593.81 |
18000 |
1 |
1 |
2 |
36000 |
-1188 |
| 63000 |
1 |
1.79 |
63000 |
4.33 |
21693 |
21692.78 |
21000 |
1 |
1 |
1 |
21000 |
-693 |
| 66000 |
2 |
3.57 |
132000 |
9.07 |
45452 |
22725.77 |
24000 |
1 |
1 |
2 |
48000 |
2548 |
| 75000 |
1 |
1.79 |
75000 |
5.15 |
25825 |
25824.74 |
27000 |
1 |
1 |
1 |
27000 |
1175 |
| 99000 |
1 |
1.79 |
99000 |
6.80 |
34089 |
34088.66 |
33000 |
1 |
1 |
1 |
33000 |
-1089 |
| 102000 |
1 |
1.79 |
102000 |
7.01 |
35118 |
35121.65 |
36000 |
1 |
1 |
1 |
36000 |
882 |
| Total |
56 |
100.00 |
1455000 |
100.00 |
501000 |
|
|
|
|
51 |
501000 |
0 |
The Board of Directors of the Company at its meeting held on October
14, 2016 has approved the Basis of Allocation of Equity Shares as approved by the
Designated Stock Exchange viz. National Stock Exchange of India Limited and has authorized
the corporate action for the transfer of the Equity Shares to various successful
applicants.
The CAN-cum-Refund advices and allotment advice and/or notices will be dispatched to the
address of the Applicants as registered with the depositories / as filed in the
application form on or before October 17, 2016. Further, the instructions to Self
Certilied Syndicate Banks for unblocking the amount have been processed on or prior to
October 14,2016. In case the same is not unblocked within 10 days, investors may contact
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 setails with
ihe depositories concerned. The Company is taking steps to get the Equity Shares admitted
for trading on the SME Platform of National Stock Exchange of India Limiled (NSE EMERGE)
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 meanings assigned to them in the Prospectus dated September 22, 2016
('Prospectus')
INVESTORS PLEASE NOTE
The details of the allotment made would also be hosted on the Website of the Registrar to
the issue, Bigshare Services Private Limited at www.bigshareonline.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 Apllication
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:
BIGSHARE SERVICES PRIVATE LIMITED
E/2, Ansa Industrial Estate, Sakivihar Road, Sakinaka. Andheri (East), Mumbai
-400 072. Maharashtra, India
Tel: +91 - 022 40430200; Fax; +91 -022 2847520 Investor
Grievance Email: investor@bigshareonline.com
; Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Contact Person: Mr. Vipin Gupta; SEBI Registration No.:
INR000001385
Place: Jaipur
Date: 14.10.2016 |
For Dhanuka Realty Limited
On behalf of the Board ol Direclors
Sd/-
Mr. Vogesh Dhanuka
Managing Director |
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