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MITTAL LIFE STYLE LIMITED CIN: U18101MH2005PLC155786 Our Company was incorporated as Mittal Life Style Private Limited under the provisions of the Companies Act 1956 vide certificate of incorporation dated August 31,2005, issued by the Registrar of Companies, Maharashtra, Murnbai. Subsequently, the name of our Company was changed to Mittal Life Style Limited pursuant to conversion into a public company vide Shareholders' approval on October 31,2017 and fresh certificate of incorporation dated November 23,2017. The Corporate Identification Number of Our Company is U18101MH2005PLC155786. For further details please refer to chapter titled 'Our History and Certain Other Corporate Matters' beginning on page 114 of the Prospectus. Registered Office: Unit No. 8/9, Ravikiran, Ground
Floor, New Link Road, Andheri (West) Mumoai -400053, Maharashtra, India PROMOTERS OF THE COMPANY: MR. BRIJESHKUMAR JAGDISHKUMAR MITTAL, BASIS OF ALLOTMENT PPUBLIC ISSUE OF 21,00,000 EQUITY SHARES OF FACE VALUE OF Rs. 10/- EACH FULLY PAID UP
OF MITTAL LIFE STYLE LIMITED ('MLSL' OR THE 'COMPANY' OR THE
'ISSUER') FOR CASH AT A PRICE OF Rs. 21/- PER EQUITY SHARE (THE 'ISSUE
PRICE') (INCLUDING SHARE PREMIUM OF Rs. 11/-PER EQUITY SHARE) AGGREGATING Rs. 441.00
LAKHS (THE 'ISSUE') BY OUR COMPANY, OF WHICH 1,20,000 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 19,80,000 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 29.79% AND 28.09% RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY
SHARE CAPITAL OF THE COMPANY THE FACE VALUE OF THE EQUITY SHARES IS RS. 10/- EACH. THE ISSUE
PRICE IS RS. 21/-
PROPOSED LISTING: MONDAY, APRIL 02,2018* 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 from time to time. The Company has received an in-principle
approval letter dated January 03,2018 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 Monday, April 02,2018.*
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:
Allocation: The Basis of Allotment was finalized in consultation with the
Designated Stock Exchange - National Stock Exchange of India Limited on March 26, 2018.
*The under subscribed portion of 504000 Equity shares from Retail Investors Category have been spilled over to Other than Retail Individual Investors Category. C. Allocation to Other than Retail Individual Investors (After Technical Rejections): The Basis of Allotment to the Non Institutional Investors, at the issue price of Rs. 21/- per Equity Share, was finalized in consultation with NSE. The category was subscribed 1.04 times. The total number of shares allotted in this category is 1494000 Equity Shares to 31 successful applicants. The Category-wise details of the Basis of Allotment are as under:
*Includes original reservation of 990000 Equity Shares and Spill over from Retail
Individual Investors Category of 504000 Equity Shares. INVESTORS PLEASE NOTE The details of the allotment made would also be hosted on the website of the Registrar to the Issue, BIGSHARE 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 IPO allocation is based on the subscription level and the investor category.
Refer to IPO allotment rules and methods for more details.
See the basis of allotment document above to know how the shares are allocated in Mittal Life Style Ltd IPO .
The Mittal Life Style Ltd IPO basis of allotment (published above) tells you how shares are allocated to you in Mittal Life Style Ltd IPO and category wise demand of IPO share.
Visit the Mittal Life Style Ltd IPO allotment status page to check the number of shares allocated to your application.
In Mittal Life Style Ltd IPO allotment process, the registrar separates valid and invalid applications. The invalid applications with technical errors are rejected and only valid applications at or above the cut-off price are considered for allotment.
For more information, please refer to IPO Allotment Process and Basis of Allotment.
Check the Mittal Life Style Ltd IPO basis of allotment document to know how the shares are allocated in Mittal Life Style Ltd IPO.
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