MOHINI HEALTH and HYGIEHE LIMITED
Our Company was originally incorporated as 'Mohini Fibers Private Limited' at
Indore, Madhya Pradesh as a Private Limited Company under the provisions of Companies Act,
1956 vide Certificate of Incorporation dated June 24,2009 bearing Corporate Identification
NumberU17300MP2009PTC022058 issued by the Deputy Registrar of Companies, Madhya Pradesh
and Chattisgarh. Subsequently, our Company was converted into a Public Limited Company
pursuant to special resolution passed by members of the Company in Extra Ordinary General
Meeting of the Company held on February 02,2015 and the name of our Company was changed to
'Mohini Fibers Limited' vide Fresh Certificate of Incorporation consequent upon
conversion of company to Public Limited dated February 27,2015, issued by Assistant
Registrar of Companies, Gwalior. Further, our Company got listed on Emerge- Institutional
Trading Platform of the National Stock Exchange of India Limited on August 12,2015.
Subsequently, the name of our Company was changed to 'Mohini Health and Hygiene
Limited' pursuant to special resolution passed by members in Extra Ordinary General
Meeting held on May 04,2017' and a Fresh Certificate of Incorporation pursuant to
change of name dated May 18,2017 was issued by Registrar of Companies, Gwalior.
Subsequently, vide withdrawal letter dated October 11,2017 issued by National Stock
Exchange of India Limited, dealings in equity shares of the Company was withdrawn w.e.f
October 25,2017 and Company got Voluntarily Delisted from EMERGE Institutional Trading
Platform of the National Stock Exchange of India Limited. The Corporate Identification
number of our Company is U17300MP2009PLC022058.For further details of Incorporation,
Change of Name and Registered Office of our company, please referto chapter titled
'General Information' and 'Our History and Certain Other Corporate
Matters' beginning on page 58 and page 139 of the Prospectus
Registered Office: Plot No 109, Sector 3, Industrial Area,
Pithampur, Dhar 454774, Madhya Pradesh, India. Tel No.:
07292426666; Fax No.: Not Available
E-mail: investors@mohinihealthandhygiene.com;
Website: www.mohinihealthandhygiene.com;
Contact Person: Shweta Bhamare, Company Secretary and Compliance Officer
PROMOTERS OF OUR COMPANY: MR. SARVAPRIYA BANSAL
AND MR. AVNISH BANSAL
BASIS OF ALLOTMENT
INITIAL PUBLIC OFFER CONSISTING OF FRESH ISSUE OF 49,32,000 EQUITY SHARES OF FACE
VALUE OF RS. 10/- EACH FULLY PAID FOR CASH AT A PRICE OF RS. 42 PER EQUITY SHARE (THE
'ISSUE PRICE') (INCLUDING A SHARE PREMIUM OF RS. 32 PER EQUITY SHARE)
AGGREGATING RS. 2071.44 LAKHS (THE 'ISSUE'), OF WHICH 2,49,000 EQUITY SHARES OF
FACE VALUE OF RS. 10/- EACH FOR CASH AT A PRICE OF RS. 42/- PER EQUITY SHARE, AGGREGATING
RS. 104.58 LAKHS WILL BE RESERVED FOR SUBSCRIPTION BY THE MARKET MAKER TO THE ISSUE (THE
'MARKET MAKER RESERVATION PORTION'). THE ISSUE LESS MARKET MAKER RESERVATION
PORTION I.E. ISSUE OF 46,83,000 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH FOR CASH AT A
PRICE OF RS. 42/- PER EQUITY SHARE, AGGREGATING RS. 1966.86 LAKHS IS HEREINAFTER REFERRED
TO AS THE 'NET ISSUE'. THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 27.05% AND
25.68% RESPECTIVELY OF THE FULLY DILUTED POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR
COMPANY.
Risks to Investors:
I. As on date of the Prospectus, the average cost of acquisition per Equity Share by
our Promoters viz.Sarvapriya Bansal is 2.53 and Avnish Bansal is 5.41.
II. In terms of Prospectus dated February 09,2018 and as per SEBI (ICDR) Regulations, 2009
wherein
A. minimum of 49.78% of the Net Issue was allocated to QIBs. However, 1,17,000 Equity
shares consisting of 5.02% of the QIB Portion was available for allocation proportionately
to Mutual fund,
B. Not less than 15% of the Issue was available for allocation on proportionate basis to
Non-Institutional Investors and not less than 35% of the Issue was available for
allocation to Retail Individual Investors, in accordance with the SEBI ICDR Regulations,
subject to valid Bids being received at or above the Issue Price.
All Investors have participated in this offer through ASBA process. For details in this
regards, specific attention is invited to chapter 'Issue Procedure' on page 282
of the Prospectus.
THE FACE VALUE OF EQUITY SHARES IS RS. 10/- EACH.
THE ISSUE PRICE IS RS. 42/-AND IS 4.2 TIMES THE FACE VALUE OF THE EQUITY SHARES
ISSUE |
MONDAY, FEBRUARY 05, 2018 |
CLOSED ON: WEDNESDAY, FEBRUARY 07, 2018 |
The Equity Shares of our Company issued through the Prospectus are proposed to be
listed on the EMERGE Platform of National Stock Exchange of India Limited ('NSE EMERGE').
In terms of the Chapter XB of the SEBI (ICDR) Regulations, 2009 as amended from time to
time. Our Company has received an in principal approval letter dated January 10,2018 from
NSE for using its name in the Issue document for listing of our shares on the EMERGE
Platform of National Stock Exchange of India Limited. For the purpose of this Issue,
National Stock Exchange of India Limited shall be the Designated Stock Exchange.
SUBSCRIPTION DETAILS
The Issue has received 7,350 applications for 10,46,67,000 Equity shares
(Before Technical Rejections, bids not banked and invalid duplicate bids) including Market
Maker Application of 2,49,000 Equity Shares. The issue was subscribed to the extent of
21.22 times as per the application data (before technical rejection, bids not banked and
invalid duplicated bids). After considering the technical rejections cases, the issue was
subscribed 20.4173 times. The details of application received (Before Technical Rejection
but after bids not banked and invalid duplicate bids)
CATEGORY |
NUMBER OF APPLICATIONS |
NUMBER OF EQUITY SHARES |
SUBSCRIPTION |
Market Makers |
1 |
2,49,000 |
1 |
QIB |
8 |
1,36,47,000 |
5.85 |
Other than Retail Individual Investors |
177 |
66,840,000 |
94.81 |
Retail Individual Investors |
6,976 |
20,928,000 |
12.71 |
TOTAL |
7,162 |
10,16,64,000 |
20.61 |
Final Demand
Sr.No. |
Bid Price |
No. of Equity Shares |
% to total |
Cumulative |
% of Cumulative total |
1. |
40 |
4,77,000 |
0.46 |
4,77,000 |
0.46 |
2. |
41 |
36,000 |
0.03 |
5,13,000 |
0.49 |
3. |
42 |
9,68,22,000 |
92.67 |
9,73,35,000 |
93.16 |
4. |
CUTOFF |
10,44,78,000 |
6.84 |
10,44,78,000 |
100.00 |
|
Total |
10,44,78,000 |
100.00 |
|
|
ALLOCATION: The Basis of Allotment was finalized in consultation with the
Designated Stock Exchange - EMERGE Platform of the National Stock Exchange of India
Limited on February 13,2018
A. Allocation to Market Maker (After Technical Rejections): The Basis of
Allotment to the Market Maker, at the issue price of Rs. 42/- per Equity Share, was
finalized in consultation with National Stock Exchange of India Limited. The category was
subscribed by 1.00 times. The total number of shares allotted in this category is 2,49,000
Equity shares in full out of reserved portion of 2,49,000 Equity Shares.
B. Allocation to Qualified Institutional Investors (After Technical Rejections): The
Basis of Allotment to the Qualified Institutional Investors, at the issue price of Rs.
42/- per Equity Share, was finalized in consultation with National Stock Exchange of India
Limited. The category was subscribed by 5.85 times. The total number of shares allotted in
this category is 23,31,000 Equity shares in full out of reserved portion of 23,31,000
Equity Shares.
No. of Shares
Applied for
(Category wise) |
No. of
Applications
received |
%
to
total |
Total No. of
Equity Shares
applied |
%
to
total |
Proportionate
Shares
Available |
Allocation per
Applicant (Before
Rounding Off) |
Allocation per
Applicant (After
Rounding OB) |
Ratio of
Allottees to
the Applicants |
Total No. of
Equity Shares
allotted |
Surplus/
(Deficit) |
1,53,000 |
1 |
12.50 |
1,53,000 |
1.12 |
26,135 |
26135.00 |
27000.00 |
1:1 |
27,000 |
865 |
4,50,000 |
1 |
12.50 |
4,50,000 |
3.30 |
76,863 |
76863.00 |
75000.00 |
1:1 |
75,000 |
(1863) |
10,65,000 |
1 |
12.50 |
10,65,000 |
7.80 |
1,81,909 |
181909.00 |
183000.00 |
1:1 |
1,83,000 |
1091 |
15,45,000 |
1 |
12.50 |
15,45,000 |
11.32 |
2,63,896 |
263896.00 |
264000.00 |
1:1 |
2,64,000 |
104 |
17,70,000 |
1 |
12.50 |
17,70,000 |
12.97 |
3,02,328 |
302328.00 |
303000.00 |
1:1 |
3,03,000 |
672 |
17,85,000 |
1 |
12.50 |
17,85,000 |
13.08 |
3,04,890 |
304890.00 |
306000.00 |
1:1 |
3,06,000 |
1110 |
23,79,000 |
1 |
12.50 |
23,79,000 |
17.43 |
4,06,349 |
406349.00 |
405000.00 |
1:1 |
4,05,000 |
(1349) |
45,00,000 |
1 |
12.50 |
45,00,000 |
32.97 |
7,68,630 |
768630.00 |
768000.00 |
1:1 |
7,68,000 |
(630) |
|
8 |
100.00 |
1,36,47,000 |
100.00 |
23,31,000 |
|
|
|
23,31,000 |
0 |
C. Allocation to Retail Individual Investors (After Technical Rejections): The
Basis of Allotment to the Retail Individual Investors, at the issue price of Rs. 42/- per
Equity Share, was finalized in consultation with National Stock Exchange of India Limited.
The category was subscribed by 12.48 times. Total number of shares allotted in this
category is 16,47,000 Equity Shares. The category wise basis of allotment is as under:
No. of Shares
Applied for
(Category wise) |
No. of
Applications
received |
%
to
total |
Total No. of
Equity Shares
applied |
%
to
total |
Proportionate
Shares
Available |
Allocation per
Applicant (Before
Rounding Off) |
Allocation per
Applicant (After
Rounding Off) |
Ratio of
Allottees to
the Applicants |
Total No. of
Equity Shares
allotted |
Surplus/
(Deficit) |
3,000 |
6,854 |
100.00 |
2,05,62,000 |
100.00 |
16,47,000 |
240.30 |
3000.00 |
15:187 |
16,47,000 |
0 |
|
6,854 |
100.00 |
2,05,62,000 |
100.00 |
16,47,000 |
|
|
|
16,47,000 |
0 |
D. Allocation to Non Institutional Investors (After Technical Rejection): The
Basis of Allotment to other than Retail Individual Investors, at the issue price of Rs
42/- per Equity Share, was finalized in consultation with National Stock Exchange of India
Limited. The category was subscribed by 93.96 times. Total number of shares allotted in
this category is 7,05,000 Equity Shares. The category wise basis of allotment is as under:
Sr. No |
No. of Shares
Applied for
(Category
wise) |
No. of
Applications
received |
% to total |
Total No.of
Equity Shares applied |
% to total |
Proportionate
Shares
Available |
Allocation per Applicant
(Before
Rounding Off) |
Allocation per Applicant
(After
Rounding Off) |
Ratio of
Allottees to the Applicants |
Total No. of
Equity Shares Allotted |
Surplus / (Deficit) |
1 |
6,000 |
26 |
15.12 |
1,56,000 |
0.24 |
1659 |
63.85 |
3000 |
1:26 |
3,000 |
1341 |
2 |
9,000 |
4 |
2.33 |
36,000 |
0.05 |
383 |
95.75 |
3000 |
0:4 |
0 |
(383) |
3 |
12,000 |
7 |
4.07 |
84,000 |
0.13 |
894 |
127.71 |
3000 |
0:7 |
0 |
(894) |
4 |
15,000 |
7 |
4.07 |
1,05,000 |
0.16 |
1118 |
159.71 |
3000 |
0:7 |
0 |
(1118) |
5 |
18,000 |
5 |
2.91 |
90,000 |
0.14 |
958 |
191.60 |
3000 |
0:5 |
0 |
(958) |
6 |
21,000 |
6 |
3.49 |
1,26,000 |
0.19 |
1341 |
223.50 |
3000 |
1:6 |
3,000 |
1659 |
7 |
24,000 |
5 |
2.91 |
1,20,000 |
0.18 |
1277 |
255.40 |
3000 |
1:5 |
3,000 |
1723 |
8 |
27,000 |
1 |
0.58 |
27,000 |
0.04 |
287 |
287.00 |
3000 |
0:1 |
0 |
(287) |
9 |
30,000 |
4 |
2.33 |
1,20,000 |
0.18 |
1277 |
319.25 |
3000 |
1:4 |
3,000 |
1723 |
10 |
33,000 |
3 |
1.74 |
99,000 |
0.15 |
1054 |
351.33 |
3000 |
0:3 |
0 |
(1054) |
11 |
36,000 |
1 |
0.58 |
36,000 |
0.05 |
383 |
383.00 |
3000 |
0:1 |
0 |
(383) |
12 |
42,000 |
2 |
1.16 |
84,000 |
0.13 |
894 |
447 |
3000 |
0:2 |
0 |
(894) |
13 |
45,000 |
3 |
1.74 |
1,35,000 |
0.20 |
1437 |
479.00 |
3000 |
1:3 |
3,000 |
1563 |
14 |
51,000 |
3 |
1.74 |
1,53,000 |
0.23 |
1628 |
542.67 |
3000 |
1:3 |
3,000 |
1372 |
15 |
54,000 |
2 |
1.16 |
1,08,000 |
0.16 |
1149 |
574.50 |
3000 |
0:2 |
0 |
(1149) |
16 |
57,000 |
3 |
1.74 |
1,71,000 |
0.26 |
1820 |
606.67 |
3000 |
1:3 |
3,000 |
1180 |
17 |
60,000 |
1 |
0.58 |
60,000 |
0.09 |
639 |
639.00 |
3000 |
0:1 |
0 |
(639) |
18 |
63,000 |
1 |
0.58 |
63,000 |
0.10 |
671 |
671.00 |
3000 |
0:1 |
0 |
(671) |
19 |
66,000 |
1 |
0.58 |
66,000 |
0.10 |
702 |
702.00 |
3000 |
0:1 |
0 |
(702) |
20 |
69,000 |
1 |
0.58 |
69,000 |
0.10 |
734 |
734.00 |
3000 |
0:1 |
0 |
(734) |
21 |
72,000 |
2 |
1.16 |
1,44,000 |
0.22 |
1533 |
766.50 |
3000 |
1:2 |
3,000 |
1467 |
22 |
75,000 |
2 |
1.16 |
1,50,000 |
0.23 |
1596 |
798.00 |
3000 |
1:2 |
3,000 |
1404 |
23 |
78,000 |
1 |
0.58 |
78,000 |
0.12 |
830 |
830.00 |
3000 |
0:1 |
0 |
(830) |
24 |
81,000 |
2 |
1.16 |
1,62,000 |
0.24 |
1724 |
862.00 |
3000 |
1:2 |
3,000 |
1276 |
25 |
84,000 |
1 |
0.58 |
84,000 |
0.13 |
894 |
894.00 |
3000 |
0:1 |
0 |
(894) |
26 |
87,000 |
3 |
1.74 |
2,61,000 |
0.39 |
2778 |
926.00 |
3000 |
1:3 |
3,000 |
222 |
27 |
90,000 |
2 |
1.16 |
1,80,000 |
0.27 |
1916 |
958.00 |
3000 |
1:2 |
3,000 |
1084 |
28 |
93,000 |
1 |
0.58 |
93,000 |
0.14 |
990 |
990.00 |
3000 |
0:1 |
0 |
(990) |
29 |
96,000 |
1 |
0.58 |
96,000 |
0.14 |
1022 |
1022.00 |
3000 |
0:1 |
0 |
(1022) |
30 |
99,000 |
1 |
0.58 |
99,000 |
0.15 |
1054 |
1054.00 |
3000 |
0:1 |
0 |
(1054) |
31 |
1,02,000 |
1 |
0.58 |
1,02,000 |
0.15 |
1086 |
1086.00 |
3000 |
0:1 |
0 |
(1086) |
32 |
1,05,000 |
3 |
1.74 |
3,15,000 |
0.48 |
3353 |
1117.67 |
3000 |
2:3 |
6,000 |
2647 |
33 |
1,08,000 |
1 |
0.58 |
1,08,000 |
0.16 |
1149 |
1149.00 |
3000 |
0:1 |
0 |
(1149) |
34 |
1,11,000 |
1 |
0.58 |
1,11,000 |
0.17 |
1181 |
1181.00 |
3000 |
1:1 |
3,000 |
1819 |
35 |
1,17,000 |
1 |
0.58 |
1,17,000 |
0.18 |
1245 |
1245.00 |
3000 |
1:1 |
3,000 |
1755 |
36 |
1,20,000 |
15 |
8.72 |
18,00,000 |
2.72 |
19158 |
1277.20 |
3000 |
2:5 |
18,000 |
(1158) |
37 |
1,23,000 |
1 |
0.58 |
1,23,000 |
0.19 |
1309 |
1309.00 |
3000 |
1:1 |
3,000 |
1691 |
38 |
1,35,000 |
1 |
0.58 |
1,35,000 |
0.20 |
1437 |
1437.00 |
3000 |
1:1 |
3,000 |
1563 |
39 |
1,41,000 |
1 |
0.58 |
1,41,000 |
0.21 |
1501 |
1501.00 |
3000 |
1:1 |
3,000 |
1499 |
40 |
1,47,000 |
2 |
1.16 |
2,94,000 |
0.44 |
3129 |
1564.50 |
3000 |
1:2 |
3,000 |
(129) |
41 |
1,65,000 |
1 |
0.58 |
1,65,000 |
0.25 |
1756 |
1756.00 |
3000 |
1:1 |
3,000 |
1244 |
42 |
1,68,000 |
1 |
0.58 |
1,68,000 |
0.25 |
1788 |
1788.00 |
3000 |
1:1 |
3,000 |
1212 |
43 |
2,04,000 |
1 |
0.58 |
2,04,000 |
0.31 |
2171 |
2171.00 |
3000 |
1:1 |
3,000 |
829 |
44 |
2,28,000 |
1 |
0.58 |
2,28,000 |
0.34 |
2427 |
2427.00 |
3000 |
1:1 |
3,000 |
573 |
45 |
2,37,000 |
7 |
4.07 |
16,59,000 |
2.50 |
17657 |
2522.43 |
3000 |
6:7 |
18,000 |
343 |
46 |
2,40,000 |
3 |
1.74 |
7,20,000 |
1.09 |
7663 |
2554.33 |
3000 |
1:1 |
9,000 |
1337 |
47 |
2,49,000 |
1 |
0.58 |
2,49,000 |
0.38 |
2650 |
2650.00 |
3000 |
1:1 |
3,000 |
350 |
48 |
2,79,000 |
1 |
0.58 |
2,79,000 |
0.42 |
2969 |
2969.00 |
3000 |
1:1 |
3,000 |
31 |
49 |
2,91,000 |
1 |
0.58 |
2,91,000 |
0.44 |
3097 |
3097.00 |
3000 |
1:1 |
3,000 |
(97) |
50 |
3,00,000 |
1 |
0.58 |
3,00,000 |
0.45 |
3193 |
3193.00 |
3000 |
1:1 |
3,000 |
(193) |
51 |
3,48,000 |
1 |
0.58 |
3,48,000 |
0.53 |
3704 |
3704.00 |
3000 |
1:1 |
3,000 |
(704) |
52 |
4,74,000 |
2 |
1.16 |
9,48,000 |
1.43 |
10090 |
5045.00 |
3000 |
1:1 |
6,000 |
(4090) |
3000 additional share is allocaed for Ssrial no
52 in the ratio of 1:2 |
|
|
1:2 |
3,000 |
3000 |
53 |
4,80,000 |
1 |
0.58 |
4,80,000 |
0.72 |
5109 |
5109.00 |
3000 |
1:1 |
3,000 |
(2109) |
54 |
9,51,000 |
1 |
0.58 |
9,51,000 |
1.44 |
10122 |
10122.00 |
9000 |
1:1 |
9,000 |
(1122) |
55 |
9,96,000 |
1 |
0.58 |
9,96,000 |
1.50 |
10601 |
10601.00 |
9000 |
1:1 |
9,000 |
(1601) |
56 |
1188000 |
3 |
1.74 |
3564000 |
5.38 |
37932 |
12644.00 |
12000 |
1:1 |
36000 |
(1932) |
57 |
11,91,000 |
1 |
0.58 |
11,91,000 |
1.80 |
12676 |
12676.00 |
12000 |
1:1 |
12,000 |
(676) |
58 |
14,28,000 |
1 |
0.58 |
14,28,000 |
2.16 |
15198 |
15198.00 |
15000 |
1:1 |
15,000 |
(198) |
59 |
20,22,000 |
1 |
0.58 |
20,22,000 |
3.05 |
21520 |
21520.00 |
21000 |
1:1 |
21,000 |
(520) |
60 |
23,79,000 |
3 |
1.74 |
71,37,000 |
10.77 |
75960 |
25320.00 |
24000 |
1:1 |
72,000 |
(3960) |
3000 additional share is allocaed for Serial no
60 in the ratio of 1:3 |
|
|
1:3 |
3,000 |
3000 |
61 |
33,30,000 |
1 |
0.58 |
33,30,000 |
5.03 |
35442 |
35442.00 |
33000 |
1:1 |
33,000 |
(2442) |
62 |
35,70,000 |
8 |
4.65 |
2,85,60,000 |
43.12 |
303967 |
37995.88 |
36000 |
1:1 |
2,88,000 |
(15967) |
3000 additional share is allocaed for Serial no
62 in the ratio of 5:8 |
|
|
5:8 |
15,000 |
15000 |
63 |
45,21,000 |
1 |
0.58 |
4521000 |
6.83 |
48118 |
48118.00 |
48000 |
1:1 |
48,000 |
(118) |
|
|
172 |
100.00 |
6,62,40,000 |
100.00 |
7,05,000 |
|
|
|
7,05,000 |
0 |
The Board of Directors of the Company at its meeting held on February 13,2018 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 authorized corporate action for
allotment of shares in dematerialized form to various successful applicants.
The CAN and allotment advice and/or notices shall be dispatched to the address of the
Applicants as registered with the depositories / as filled in the application form,
Further, the instructions to SCSBs shall be issued on February 13,2018, for unblocking of
funds. 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. In case the same is not received within prescribed time, Investors may contact
the registrar to the Issue at the address given below. The Company is taking steps to get
the Equity Shares admitted for trading on the EMERGE Platform of the National Stock
Exchange of India Limited within six working days from the date of the closure of the
Issue. The trading is proposed to commence on or before February 16,2018 subject to
receipt of listing and trading approvals from National Stock Exchange of India Limited.
INVESTORS PLEASE NOTE
The details of the allotment made will be hosted on the website of the Registrar to the
Issue at www.linkintime.co.in. All
future correspondence in this regard may kindly be addressed to the Registrar quoting full
name of the First/ Sole applicant, 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:
LINK INTIME INDIA PRIVATE LIMITED
C-101,1st floor, 247 Park, L.B.S. Marg, Vikhroli (West), 400083, Maharashtra, India
Tel: +91 22 49186200 Fax: +91 22 49186195 Email: mohini.ipo@linkintime.co.in Website:
www.linkintime.co.in
Contact Person: Shanti Gopalkrishnan SEBI Registration No: INR000004058
Date: February 14,2018
Place: Indore |
For Mohini Health & Hygiene Limited
On behalf of the Board of Directors
Sd/-
Avnish Bansal
Managing Director |
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