Issue Open | Nov 1, 2007 |
Issue Close | Nov 6, 2007 |
IPO Price | ₹400 |
Face Value | ₹10 |
IPO Size | ₹192.00 Cr |
Listing At | BSE, NSE |
IPO Lot Size | 15 |
EMPEE
DISTILLERIES LIMITED
(Our Company was originally incorporated as a Private Limited Company in
the name of Empee Distilleries Private Limited on September 15, 1983 under the Companies
Act, 1956 with the Registration Number: 10313. We subsequently changed the name of our
Company to Empee Distilleries Limited with effect from December 01, 1983 under the
provisions of Section 44 of the Companies Act, 1956) BASIS OF ALLOTMENT PUBLIC ISSUE OF 48,00,000 EQUITY SHARES OF RS. 10 EACH AT A PRICE OF RS. 400/- PER
EQUITY SHARE FOR CASH AT A PREMIUM OF RS.390 PER EQUITY SHARE AGGREGATING RS. 19200 LAKHS.
THE ISSUE SHALL CONSTITUTE 25.26% OF THE POST ISSUE PAID-UP CAPITAL OF THE COMPANY. The Issue was being made through the 100% Book Building Process wherein not more than 50% of the Net Issue to the Public shall be allocated on a proportionate basis to Qualified Institutional Bidders ("QIBs"), (including 5% of the QIB portion that would be specially reserved for Mutual Funds.) Further not less than 15% of the Net issue shall be available for allocation on a proportionate basis to Non-Institutional bidders and not less than 35% of the Net Issue shall be available for allocation on proportionate basis to retail individual bidders, subject to valid bids being received at or above the Issue Price. The Issue received 68236 applications (Before technical rejections) for 31388800 equity shares resulting in 6.54 times subscription. The details of the applications received in the Issue from Qualified Institutional Bidders, Non-Institutional and Retail Individual bidders are as under.
Final Demand
The Basis of Allotment was finalized in consultation with the Designated Stock
Exchange, The Bombay Stock Exchange Limited ("BSE") on November 16, 2007.
B. Allotment to Non Institutional Investors (after technical rejections)
C. Allotment to Qualified Institutional Buyers
The Board, of Directors at its Meeting held at Chennai on November 16, 2007 has approved the basis of Allotment of equity shares of the Issue and have allotted the shares to various successful applicants. The CAN cum Refund Orders, Intimation regarding Refund through electronic mode (ECS, RTGS, NEFT or Direct Credit) and allotment advice and notices are been despatched to the address of the investors as registered with the depositories by November 20, 2007. In case the same is not received within ten days, investors may contact at the address given below. The Refund Orders have been overprinted with the Bank Mandate details as registered, if any, with the depositories. The Equity Shares allocated to successful applicants are being credited to their beneficiary accounts subject to validation of the account details with the depositories concerned by November 20, 2007. The listing applications have been filed with the BSE and the NSE on November 19, 2007, the company is taking steps to get the equity shares admitted for trading on Bombay Stock Exchange Limited and National Stock Exchange of India Limited within seven working days from the date of approval of the basis of allocation. INVESTORS PLEASE NOTE 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: CAMEO CORPORATE SERVICES LIMITED
THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE EQUITY SHARE ON LISTING OR THE BUSINESS PROSPECTS OF EMPEE DISTILLERIES LIMITED. |
The Empee IPO basis of allotment (published above) tells you how shares are allocated to you in Empee IPO and category wise demand of IPO share.
Visit the Empee IPO allotment status page to check the number of shares allocated to your application.
Useful Articles
Best of
Top Stock Brokers in India Top 10 Discount Brokers Top 10 Full-Service Brokers Lifetime Free Demat Account Best Broker for Beginners More Reports...Reviews (Discount Broker)
Zerodha (₹20/trade) Edelweiss (₹10/trade) Upstox (₹20/trade) 5paisa (₹20/trade) ProStocks (₹899 Unlimited) More Brokers...Reviews (Full-service)
ICICI Direct Motilal Oswal HDFC Sec Sharekhan IIFL Securities More Brokers...Compare Brokers
Broker Articles / Tutorials Compare Share Brokers Side-by-Side Comparison Broker Complaints Monitor Broker Glossary Special OffersTrading Platform Reviews
Zerodha Kite Review Sharekhan TradeTiger Omnesys NEST Review ODIN Review NSE NOW Review More Reviews...Options Basics
Options Trading HomepageBroker Reviews
Zerodha Review 5paisa Review ProStocks Review Sharekhan Review Angel Broking Review ICICI DirectOptions Trading Platform
Kite Zerodha Trade Tiger Sharekhan Omnisys NEST Upstox RKSV Fyers One Fyers ScalperT FinvasiaBest of
NRI HomepageNRI Trading Guide
Trading Account Basics Trading Requirements Demat Account Explained USA NRI Trading Account Trading in Derivatives More Articles...History of Chittorgarh
History of Chittorgarh Maharana Pratap Meera Bai Panna Dhai Rani Padmini Jainism & Chittor (Hindi)Chittorgarh City Info
Chittorgarh City Map Hotels / Resorts Sainik School Chittorgarh Cement Industry Hindustan Zinc