Issue Open | Jun 9, 2008 |
Issue Close | Jun 17, 2008 |
IPO Price | ₹125 |
Face Value | ₹10 |
IPO Size | ₹68.75 Cr |
Listing At | BSE, NSE |
IPO Lot Size | 50 |
FIRST
WINNER INDUSTRIES LIMITED
(Our Company was originally incorporated as Firstwinner Trading Company
Private Limited on 22nd January, 2003 under the Companies Act, 1956. The name of our
company was changed to First Winner Industries Private Limited with effect from 17th
August, 2006. The name of our company was further changed to First Winner Industries
Limited with effect from 18th August, 2006.) BASIS OF ALLOCATION PUBLIC ISSUE OF 55,00,000 EQUITY SHARES OF RS.10/- EACH FOR CASH AT A PRICE OF RS. 125
PER EQUITY SHARE AGGREGATING TO RS. 6,875 LAKH (HEREINAFTER REFERRED TO AS "THE
ISSUE"), COMPRISING OF EMPLOYEE RESERVATION OF 1,00,000 EQUITY SHARES OF FACE VALUE
OF RS. 10/- EACH AT A PRICE OF RS. 125 PER EQUITY SHARE FOR CASH AGGREGATING TO RS. 125
LAKH (HEREIN AFTER REFERRED TO AS THE "EMPLOYEE RESERVATION PORTION". THE NET
ISSUE TO THE PUBLIC IS OF 54,00,000 EQUITY SHARES OF RS. 10/- EACH FOR CASH AT A PRICE OF
RS. 125 PER EQUITY SHARE AGGREGATING TO RS. 6,750 LAKHS. THE ISSUE WOULD CONSTITUTE 31.02%
OF THE POST ISSUE PAID-UP CAPITAL OF THE COMPANY This Issue was made through a 100% Book Building Process wherein not more than 50%
of the Net Issue was made available for allocation on a proportionate basis to Qualified
Institutional Buyers ("QIBs"). 5% of the QIB Portion was made available for
allocation on a proportionate basis to Mutual Funds only. Further, not less than 15% of
the Net Issue to Public was made available for allocation on a proportionate basis to Non
Institutional Bidders and not less than 35% of the Net Issue was made available for
allocation on a proportionate basis to Retail Individual Bidders, subject to valid Bids
being received at or above the Issue Price. Further upto 1,00,000 equity shares were made
available for allocation on a proportionate basis to the employees, subject to valid Bids
being received at or above the Issue Price.
Final Demand
The Basis of Allocation was finalized in consultation with the Bombay Stock Exchange Limited ("BSE") on June 27, 2008. A. Allocation to Employees (After Technical Rejections)
B. Allocation to Retail Individual Investors (After Technical
Rejections)
*As mentioned on the page no 10 of the Prospectus, an over-subscription to the extent of 10% of Net Issue to the Public can be retained for the purpose of rounding off to the nearer multiple of 1, while finalizing the Basis of Allotment. With this regard our company has issued 43 additional shares in the retail category due to rounding off. Therefore the number of Equity Shares allotted through the public issue will be 55,00,043. C.Allocation to Non Institutional Investors (After Technical Rejections)
D. Allocation to Qualified Institutional Buyers
The Board of Directors of the company at its Meeting held at Mumbai on June 30, 2008 has approved the basis of allocation of shares of the Issue and has allotted the shares to various successful applicants. The CAN/ Refund Orders and allotment advice have been dispatched to the address of the investors as registered with the depositories by July 1,2008. 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 have been uploaded on July 1, 2008 and have been credited to their beneficiary accounts subject to validation of the account details with the depositories concerned by CDSL on July 1, 2008 and by NSDL on July 2,2008. The listing applications have been filed with the Bombay Stock Exchange Limited and the National Stock Exchange of India Limited on July 2,2008. Further, the Company is taking steps to get the equity shares admitted for trading on the Bombay Stock Exchange Limited and the National Stock Exchange of India Limited within seven working days from the date of approval of the basis of allocation. INVESTORS PLEASE NOTE INTIME SPECTRUM REGISTRY 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 FIRST WINNER INDUSTRIES LIMITED |
The First Winner IPO basis of allotment (published above) tells you how shares are allocated to you in First Winner IPO and category wise demand of IPO share.
Visit the First Winner IPO allotment status page to check the number of shares allocated to your application.
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