Issue Open | Sep 19, 2017 |
Issue Close | Sep 21, 2017 |
IPO Price | ₹66 |
Face Value | ₹10 |
IPO Size | ₹14.17 Cr |
Listing At | NSE SME |
IPO Lot Size | 2000 |
MADHYA PRADESH TODAY MEDIA LIMITED Our Company was originally incorporated as Madhya Pradesh Today Media Private Limited on November 18.2010 under the provisions of the Companies Act. 1956 in the State of Madhya Pradesh. Subsequently the constitution of our Company was changed to a Public Limited Company and the name was changed in to "Madhya Pradesh Today Media Limited' vide fresh certificate of incorporation dated July 05,2017 issued by the Registrar of Companies. Gwalior. Madhya Pradesh. Registered Office: Plot No. 5, Press Complex, Zone -1,
M.p. Nagar, Bhopal - 462011. Madhya Pradesh. BASIS OF ALLOTMENT PUBLIC ISSUE OF 21.46.500 EQUITY SHARES OF FACE VALUE OF RS 10 EACH FULLY PAID UP OF MPTML' OR THE COMPANY' OR THE ISSUER" FOR CASH AT A PRICE OF RS 66 PER EQUITY SHARE (THE "ISSUE PRICE") (INCLUDING SHARE PREMIUM OF RS 56 PER EQUTTY SHARE) AGGREGATING RS 1416 69 LAKHS (THE 'ISSUE") BY OUR COMPANY OF WHICH 1,08,000 EQUITY SHARES OF FACE VALUE OF RS 10 EACH FULLY PAID UP 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 20,38,500 EQUITY SHARES OF FACE VALUE OF RS 10 EACH FULLY PAID UP IS HEREINAFTER REFERRED TO AS THE "NET ISSUE''. THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 47.01% AND 44.64% RESPECTIVELY OF THE POST ISSUE PAID UP EQUITT SHARE CAPITAL OF THE COMPANY. THE FACE VALUE OF THE EQUITY SHARES IS RS 10 EACH. The Equity Shares offered through the Prospectus the proposed to be listed on the NSE
Emerge Platform ("NSE"). In terms of the Chapter XB of the SEBI (ICDR)
Regulations, 2009, as amended from time to time, The Company has received an in-principle
approval letter dated July 18, 2017 from NSE for using its name in the offer documenl for
listing of its Shanes on NSE Emerge Platlorm. SUBSCRIPTION DETAILS The Issue has received 968 applications for 6286000 Equity Shares resulting in 2.93
times subscription (including reserved portion of Market Maker). The details of the
applications received In the Issue (before technical rejections) are as follows:
The details of applications rejected by the Registrar on technical grounds are detailed below; (Technical rejection)
After eliminating technically rejected applications. the following tables give us Category wise net valid applications:
Due to rounding off additional 750 shares are sllotted in Retail Investor category and
Non Retail Investor category each.
C. Allocation to Other than Retail Individual Investors (After Technical
Rejections):The Basis of Allotment to Other than Retail Individual Investors, at
the issue price of Rs 66 per Equity Share, was finalized in consultation with NSE. The
category was subscribed by 2.97 times. The total number of shares allotted in this
category is 1020000 Equity Shares to 8 successful applicants.
The Board of Directors of the Company at its meeting held on September 27.2017 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. INVESTORS PLEASE NOTE The details of the allotment made would also be hosted on the website of the Registrar to the issue. BIGSHRARE 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 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: BIGSHARE SERVICES PRIVATE LIMITED
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The Madhya Pradesh Today IPO basis of allotment (published above) tells you how shares are allocated to you in Madhya Pradesh Today IPO and category wise demand of IPO share.
Visit the Madhya Pradesh Today IPO allotment status page to check the number of shares allocated to your application.
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