Issue Open | Nov 22, 2006 |
Issue Close | Nov 28, 2006 |
IPO Price | ₹40 |
Face Value | ₹8 |
IPO Size | ₹26.40 Cr |
Listing At | BSE |
IPO Lot Size |
GULSHAN
SUGARS AND CHEMICALS LIMITED
(Originally incorporated as Gulshan Sugars and Chemicals Private Limited
on May 23,1980 with the Registrar of Companies, Uttar Pradesh at Kanpur. Subsequently,it
was converted into a Public Limited Company on March 18,1986 and the name of the Company
was changed to Gulshan Sugars and Chemicals Limited and a fresh Certificate of
Incorporation obtained from the Registrar of Companies, Uttar Pradesh). (For details of
changes in Registered Office of the Company please refer to page no. 6 of the Prospectus.
The Company is a manufacturer of Calcium Carbonate). BASIS OF ALLOTMENT FOLLOW-ON PUBLIC ISSUE OF 66,00,000 EQUITY SHARES OF RS. 8/- EACH
FOR CASH AT A PREMIUM OF RS. 32/- PER EQUITY SHARE AGGREGATING RS. 2640 LAKHS TO THE
PUBLIC (HEREINAFTER REFERRED TO AS THE 'ISSUE'). THE ISSUE WOULD CONSTITUTE 51.51% OF THE
FULLY DILUTED POST ISSUE PAID-UP EQUITY CAPITAL OF THE COMPANY. ISSUE PRICE: RS. 40/- PER EQUITY SHARE OF RS. 8/- EACH. The Board of Directors of Gulshan Sugars and Chemicals Limited ("Company") wish to thank all the Investors for their response the Public issue As per the basis of allotment finalized in consultation with the Bombay Stock Exchange Limited (°BSE") on December 23, 2006, the Board of Directors have allotted the shares at its meeting held on December 26, 2006. Allotments have been made on a proportionate basis, rounded off to the nearest integer subject to a minimum of 125 equity shares per allottee. Public Issue opened on Wednesday, November 22, 2006 and closed on Tuesday, November 28, 2006. The details of valid applications are as follows:
The details of applications are as under:
The details of category wise allotment are as under: 1. Retail Category (Investors applying up to Rs.1,00,000/-) : The Company received 8,360 valid applications for a total of 44,79,000 equity shares resulting in 1.357 times the subscription in this category. The details of category wise allotment are as under:
2. Non-Institutional Retail C ategory (investors applying above Rs. 1,00,000/-)
:
Dates of despatch of refund orders, Credit to beneficiary account and listing
Investors may please note that new equity shares of the Company allotted under the public issue shall have the same ISIN as the existing listed equity shares. Investors should note that the new equity shares have been credited to their demat Accounts and they can trade in the new equity shares as the said shares have been listed and trading permission has been Issued and notified by BSE. INVESTOR PLEASE NOTE
|
The Gulshan Sugars FPO basis of allotment (published above) tells you how shares are allocated to you in Gulshan Sugars FPO and category wise demand of IPO share.
Visit the Gulshan Sugars FPO allotment status page to check the number of shares allocated to your application.
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