Fourth Dimension Solutions IPO Details

Issue Open Dec 30, 2015
Issue Close Jan 7, 2016
IPO Price ₹30
Face Value ₹10
IPO Size ₹8.68 Cr
Listing At NSE SME
IPO Lot Size 4000

(This is only an advertisement for information purpose and not a Prospectus announcement.)

FOURTH DIMENSION SOLUTIONS LIMITED

CIN: U72900DL2011PLC221111

Our Company was incorporated as Fourth Dimension Solutions Private Limited under the provisions of the Companies Act, 1956 vide certificate of incorporation dated June 17, 2011, in Delhi. Subsequently, our Company was converted into public limited company pursuant to which the name of our Company was changed to 'Fourth Dimension Solutions Limited' vide fresh certificate of incorporation dated May 25, 2015. The Corporate Identification Number of Our Company is U72900DL2011PLC221111. For details of change in registered office of our Company please refer to chapter titled 'Our History and Certain Other Corporate Matters' beginning on page 115 of the Prospectus.

Registered Office: DSM 340, DLF Trade Tower, Shivaji Marg, New Delhi-110015. Telefax: 011 47091502; E-mail: secretarial@fdsindia.co.in
Website: www.fdsindia.co.in; Contact Person: Ms. Chavvi Gupta, Company Secretary & Compliance Officer

PROMOTER OF THE COMPANY: MR. AMALENDU MUKHERJEE

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 28,92,000 EQUITY SHARES OF FACE VALUE OF RS 10/- EACH FULLY PAID UP OF FOURTH DIMENSION SOLUTIONS LIMITED ('FDS' OR THE 'COMPANY' OR THE 'ISSUER') FOR CASH AT A PRICE OF RS 30/- PER EQUITY SHARE (THE 'ISSUE PRICE') (INCLUDING A SHARE PREMIUM OF RS 20/- PER EQUITY SHARE AGGREGATING RS 867.60 LAKHS (THE 'ISSUE') BY OUR COMPANY, OF WHICH 1,48,000 EQUITY SHARES OF RS 10/- FULLY PAID UP EACH WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER TO THE ISSUE ('MARKET MAKER RESERVATION PORTION'). THE ISSUE LESS THE MARKET MAKER RESERVATION PORTION I.E. ISSUE OF 27,44,000 EQUITY SHARES OF RS 10/- EACH FULLY PAID UP IS HEREINAFTER REFERRED TO AS THE 'NET ISSUE'. THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 26.55% AND 25.19%, RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF THE COMPANY.

THIS ISSUE IS BEING IN TERMS OF CHAPTER XB OF THE SEBI (ICDR) REGULATIONS, 2009 (AS AMENDED FROM TIME TO TIME). FOR FURTHER DETAILS PLEASE REFER TO 'SECTION VII - ISSUE INFORMATION' BEGINNING ON PAGE 253 OF THE PROSPECTUS. THE FACE VALUE OF THE EQUITY SHARES IS RS 10/- EACH. THE ISSUE PRICE IS RS 30/-THE ISSUE PRICE IS 3.00 TIMES THE FACE VALUE.

ISSUE OPENED ON: DECEMBER 30, 2015
CLOSED ON: JANUARY 07, 2016

PROPOSED LISTING: FRIDAY, JANUARY 22,2016

The Equity Shares offered through the Prospectus are proposed to be listed on the NSE Emerge Platform ('NSE'). In terms of the Chapter XB of the SEBI (ICDR) Regulations, 2009, as amended, the Company is not required to obtain an in-principle listing approval for the shares being offered in this Issue. However, the Company has received an in-principle approval letter dated October 29, 2015 from NSE for using its name in the offer document for listing of its shares on NSE Emerge Platform.

For the purpose of this Issue, the Designated Stock Exchange will be the National Stock Exchange of India Limited. The trading is proposed to be commenced with effect from Friday, January 22, 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 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 734 applications for 57,96,000 Equity Shares resulting in 2.00 times subscription (including reserved portion of Market Maker). The details of the applications received in the Issue (before technical rejections and after cheque returns) are as follows:
Details of the Applications Received (Before Technical Rejection & After Cheque Return):

Category No. of
Applicants
% No. of
Equity Shares
% Subscription
(Times)
Market Maker 1 0.13 1,48,000 2.56 1.00
Retail Individual Investors 666 90.74 26,64,000 45.96 1.94
Other than Retail Individual Investors 67 9.13 29,84,000 51.48 2.17
Total 734 100.00 57,96,000 100.00 2.00

The details of applications rejected by the Registrar on technical grounds (including withdrawal) are detailed below:

(Technical rejection)

Category No. of
Applications
No. of
Equity Shares
Market Maker Nil Nil
Retail Individual Investors 19 76,000
Other than Retail Individual Investors 1 92,000
Total 20 1,68,000

After eliminating technically rejected applications, the following tables give us Category wise net valid applications:

Category No. of
Applications
% Issue Size
(as per Prospectus)
No. of Valid
Shares applied
Subscription
(Times)
Market Maker 1 0.14 1,48,000 1,48,000 1.00
Retail Individual Investors 647 90.62 13,72,000 25,88,000 1.89
Other than Retail Individual Investors 66 9.24 13,72,000 28,92,000 2.11
Total 714 100.00 28,92,000 56,28,000 1.95

Allocation: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - National Stock Exchange of India Limited on January 15, 2016.

A. Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the issue price of Rs. 30/- per Equity Share, was finalized in consultation with NSE. The category was subscribed by 1.00 times. The total number of shares allotted in this category is 1,48,000 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 30/- per Equity Share, was finalized in consultation with NSE. The category was subscribed by 1.89 times. The total number of shares allotted in this category is 13,72,000 Equity Shares to 647 successful applicants.

The Category-wise details of the Basis of Allotment are as under:

No. Of
shares
applied for
(Category
wise)
No. of
applications
received
% To
Total
Total No.
of shares
applied
reach
category
% To
Total
Proportionate|
shares
avaiabte
Allocation per
Applicant
(before
rounding off)
Allocation
per
Applicant
(after
rounding off)
Ratio of
allottees
to
applicants:
RATI01
Ratio of
llottees to
applicants:
RATIO 2
Number of
successful
applicant
(after
rounding off)
Total no. of
Shares
Allocated/
allotted
No. Of
Shares
Surplus/
Deficit
4000 647 100.00 25,88,000 100.00 13,72,000 2,120.56 4000 44 83 343 13,72,000 0
Total 647 100.00 25,88,000 100.00 13,72,000 2,120.56 4000 44 83 343 13,72,000 0

C. Allocation to Other than Retail Individual Investors (After Technical Rejections & Withdrawal):
The Basis of Allotment to the Non Institutional Investors, at the issue price of Rs 30/- per Equity Share, was finalized in consultation with NSE. The category was subscribed 2.11 times. The total number of shares allotted in this category is 13,72,000 Equity Shares. The Category-wise details of the Basis of Allotment are as under:

No. of shares applied for (Category wise) No. of applications received % to Total Total No.of shares applied in each category % To Total Proportionate shares available Allocation per Applicant (before rounding off) Allocation per Applicant
(after rounding off)
Ratio of allottees to applicants:
RATI01
Ratio of allottees to applicants:
RATIO 2
Number of successful applicant (after rounding off) Total no. of Shares
Allocated/ allotted
No. of Shares Surplus/ Deficit
8,000 15 22.73 1,20,000 4.15 56,929 3,795.30 4,000 1 1 15 60,000 3,071
12,000 5 7.58 60,000 2.08 28,465 5,692.95 4,000 1 1 5 20,000 -8,465
16,000 7 10.61 1,12,000 3.87 53,134 7,590.59 8,000 1 1 7 56,000 2,866
20,000 15 22.73 3,00,000 10.37 1,42,324 9,488.24 8,000 1 1 15 1,20,000 -22,324
20,000 0 0.00 0 0.00 0 4,000.00 4,000 4 4 15 0 16,000 16,000
24,000 1 1.52 24,000 0.83 11,386 11,385.89 12,000 1 1 1 12,000 614
32,000 5 7.58 1,60,000 5.53 75,906 15,181.19 16,000 1 1 5 80,000 4,094
40,000 1 1.52 40,000 1.38 18,977 18,976.49 20,000 1 1 1 20,000 1,023
56,000 1 1.52 56,000 1.94 26,567 26,567.08 28,000 1 1 1 28,000 1,433
63,000 1 1.52 68,000 2.35 32,260 32,260.03 32,000 1 1 1 32,000 -260
72,000 3 4.55 2,16,000 7.47 1,02,473 34,157.68 36,000 1 1 3 1,08,000 5,527
76,000 1 1.52 76,000 2.63 36,055 36,055.33 36,000 1 1 1 36,000 -55
80,000 2 3.03 1,60,000 5.53 75,906 37,952.97 36,000 1 1 2 72,000 -3,906
84,000 2 3.03 1,68,000 5.81 79,701 39,850.62 40,000 1 1 2 80,000 299
1,12,000 1 1.52 1,12,000 3.87 53,134 53,134.16 52,000 1 1 1 52,000 -1,134
1,24,000 1 1.52 1,24,000 4.29 58,827 58,827.11 60,000 1 1 1 60,000 1,173
1,56,000 1 1.52 1,56,000 5.39 74,008 74,008.30 76,000 1 1 1 76,000 1,992
1,60,000 1 1.52 1,60,000 5.53 75,906 75,905.95 76,000 1 1 1 76,000 94
1,64,000 1 1.52 1,64,000 5.67 77,804 77,803.60 76,000 1 1 1 76,000 -1,804
2,56,000 1 1.52 2,56,000 8.85 1,21,450 1,21,449.52 1,20,000 1 1 1 1,20,000 -1,450
3,60,000 1 1.52 3,60,000 12.45 1,70,788 1,70,788.38 1,72,000 1 1 1 1,72,000 1,212
Total 66 100.00 28,92,000 100.00 13,72,000 66 13,72,000 0

The Board of Directors of the Company at its meeting held on January 14, 2016 has taken on record the Basis of Allocation of Equity Shares 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 Refund/allotment intimation are being dispatched to the address of the Applicants as registered with the depositories on or before January 19, 2016. Further, the instructions to Self Certified Syndicate Banks for unblocking the amount are being processed on or prior to January 19, 2016. In case the same is not received within ten days, investors may contact Registrar 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 details with the depositories concerned. The Company is taking steps to get the Equity Shares admitted for trading on NSE Emerge Platform within twelve 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 December 17, 2015 ('Prospectus').

INVESTORS PLEASE NOTE

The details of the allotment made would also be hosted on the website of the Registrar to the Issue, SHAREPRO SERVICES (INDIA) PRIVATE LIMITED at www.shareproservices.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:

SHAREPRO SERVICES (INDIA) PRIVATE LIMITED
13 AB Samhita Warehousing Complex, Sakinaka Telephone Exchange Lane, iS Off Andheri Kurla Road, Sakinaka, Mumbai - 400072
Tel.: (022) 6191 5400/420, 6772 0300/400; Fax: (022) 6191 5444/2850 8927
Email: sme.ipo@shareproservices.com; Website: www.shareproservices.com
Contact Person: Mr. Sunil Kamble/Mr. Prakash Khare SEBI Registration Number: INR000001476

Date : January 16, 2016
Place : New Delhi
For FOURTH DIMENSION SOLUTIONS LIMITED
On behalf of the Board of Directors
Sd/
Managing Director

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 THE FOURTH DIMENSION SOLUTIONS LIMITED.

Fourth Dimension Solutions IPO Basis of Allotment FAQs

  1. 1. How shares are allotted in Fourth Dimension Solutions IPO?

    Check the basis of allotment document above to know about how the shares are allocated in Fourth Dimension Solutions IPO. Note that there is a separate rule for allotment in each investor category (i.e. Retail, Non-Institutional, Institutional, Employee).
  2. 2. What is Fourth Dimension Solutions IPO basis of allotment status?

    The Fourth Dimension Solutions IPO basis of allotment (published above) tells you how shares are allocated to you in Fourth Dimension Solutions IPO and category wise demand of IPO share.

    Visit the Fourth Dimension Solutions IPO allotment status page to check the number of shares allocated to your application.

  3. 3. What is Fourth Dimension Solutions IPO allotment process?

    Check the basis of allotment document above to know about how the shares are allocated in Fourth Dimension Solutions IPO. Note that there is a separate rule for allotment in each investor category (i.e. Retail, Non-Institutional, Institutional, Employee).








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