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OASIS TRADLINK LIMITED Our Company was originally incorporated in Ahmedabad as 'Oasis Tradelink Private Lirnired11 on 20th November. 1996 under the Companies Act. 1956 vide certificate of incorporation Issued by the Registrar of Companies Gujarat. Dadra and Nagar Havelli. Our Company was subsequently converted In to a public limited company and consequently name was changed to 'Oasis Tradelink Limited ' vide fresh certificate of incorporation dated 22nd August 2013 issued by the Registrar of Companies Gujarat, Dadra and Nagar Havelli. For further details of our Company, please refer to the section Titled 'Our History and Corporate Structure' beginning on page 73 of the Prospectus. Registered Office & Corporate Office: 11 Floor.
Maruti House. Opp. Sales India, Old High Court Road. Ashram Road. Ahmedabad - 380009; PROMOTERS OF THE COMPANY: MR. SNEHAL B.PATEL, M/S SNEHBHAR STOCKHOLDING PRIVATE LIMITED, M/S MRUBHEE STOCKHOLDINGS PRIVATE LIMITED & MARUTI NUTRITIOUS FOOD LIMITED. Public issue of 20,00,000 equity shares of Rs.10 each ('Equity Shares') of Oasis Tradelink Limited ('otl' or the 'company' or the 'issuer') for cash at a price of Rs. 30/- per share (the 'issue price'), aggregating to Rs, 600.00 lacs ('the issue'), of which, 1,12,000 equity shares of Rs.10 each will be reserved for subscription by market makers to the issue (the 'market maker reservation portion'). the issue less the market maker reservation portion i.e. issue of 18,88,000 equity shares of Rs.10 each is hereinafter referred to as the 'NET ISSUE', The issue and the net issue will constitute 27.43% and 25.89%, respectively of the post issue paid up equity share capital of the company. In terms of Prospectus dated 28th May, 2014 and as per Regulation 43 (4) of SEBI (ICDR) Regulations, 2009 wherein a minimum of 50 % of the Net Offer to Public shall be made available to shall be initially made available to Relail individual Investors as the case may be. The balance net offer of shares to the public shall be made available for allotment to a) individual applicants other than retail investors and b) other investors including corporate bodies/ institutions irrespective of no. of shares applied for. The unsubscribed portion of the net offer to any one of the categories specified in (a) or (b) shall/may be made available for allocation in any other category, if so required- Explanation: for the purpose of Regulation 43 (A) of SEBI) Regulations, 2009, if the retail individual investor is entitled to more than fifty percent, on proportionate basis, the retail individual Investors shall be allocated that higher percentage, The face value of The equity shares is RS, 10/- each and the issue price id Rs. 30 each. The issue price is 3.00 (THREE) times of the face value. Issue opened oh 23rd june, 2014 and Closed on 30th june, 2014. The Equity Shares offered through the Prospectus are proposed to be listed on the SME platform of BSE Limited ('BSE') in terms of the chapter XB of the SEBI (ICDR) Regulations, 2009 as amended from time to time. Company is not required to obtain an in-principle approval of the shares being offered in this issue. However Company has received an approval letter dated 13th March, 2014 from BSE for using its name in the offer document for listing of our Shares on the SME platform of BSE. The designated stock exchange is BSE Limited. All Applicants were Allowed to participate in the Issue through APPLICATION SUPPORTED BY BLOCKED AMOUNT ('ASBA') process by providing the details of the respective bank accounts in which the corresponding application amounts were blocked by Self Certified Syndicate Banks (the 'SCSBa'). SUBSCRIPTION DETAILS The issue has received 220 applications for 21,56,000 Equity Shares (includmg Market Maker Application of 1,12,000 Equity Shares resulting 1076 times subscription. After considering, cheque return cases of 5 applications of 20,000 Equity Shares, the issue was subscribed 1.068 times. The details of the applications received in the issue (before technical reiections) are as follows: Details of the Applications Received (Before Technical Rejection & withdrawal of application):
The details of applications rejected by ihe Registrar on technical grounds (including withdrawals) are detailed below.
Detail of the Applications Received (After Technical Rejection & withdrawal):
ALLOCATION: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - BSE Limited on 9th July, 2014. A. Allocation to Market Maker (After Technical Rejections & Withdrawal): The Basis of Allotment to the Market Maker, at the issue price of Rs. 30/- per Equity Share, was finalised in consultation with BSE. The category was subscribed by 1.00 times. The total number of shares allotted in this category is 1,12,000 Equity shares in full out of reserved portion of 1,12,000 Equity Shares. B, Allocation to Retail Individual Investors (After Technical Rejections & Withdrawal): The Basis of Allotment to the Retail Individual Investors, at Ihe issue price of Rs. 30/- per Equity Share, was finalized In consultation with BSE. The category was subscribed by 0.792 times. Total number of shares allotted in this category is 7,48,000 Equity Shares against available shares of 9,44,000. The balance 1,96,000 Shares has been added to Non Institutional category as spill over. The category wise basis of allotment is as under:
C. Allocation to Non Retail investors (After Technical Rejections & Withdrawal): The Oasis of Allotment to the Non Retail investors, at the issue price of RS. 30/- per Equity Share, was finalized in consultation with BSE. The category was subscribed by 1.297 times. Total number of shares allotted in this category is 11,44,000 Equity Shares including spill over of 1,96,000 Shares from retail Individual Investors category and additional 4,000 Equity Shares for the purpose of rounding off to the nearest multiple of 4,000 Equity Shares {Lot Size). The category wise basis of allotment is as under:
The Board of Directors of Company at its meeting held on 10th, July, 2014 has taken on record the Basis of Allocation or Equity Shares approved by the Designated Stock Exchange viz. BSE and has authorized the corporate action for the transfer of the Equity Shares / dispatch of share certificates to various successful applicants. The CAN-cum-Refund Orders and allotment advice and/or notices are being dispatched to the address of the Applicants as registered with the depositaries / as filled in the application form on or before 11th July, 2014. Further, the Instructions to Self Certified Syndicate Ranks being processed on or prior to 11th July, 2014. In case the same is not received within 10 days, investors may contact at the address given below. The Equity Shares allocated to successful applicants are being credited to their beneficiary accounts subiect to validation of the account details with the depositories concerned- The Company is taking steps to get the Equity Shares admitted for trading on the SME Platform of BSE Limited within Twelve wording days from the date ol the closure or the Issue. The trading is proposed to be commenced on or before 14th July, 2014 subject to receipt of listing and trading approvals from BSE Limited. 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 or 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 Building no. 13 AB, 2nd Floor, Samhita Warehousing Complex, Sakineka Telephone
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The Oasis Tradelink IPO basis of allotment (published above) tells you how shares are allocated to you in Oasis Tradelink IPO and category wise demand of IPO share.
Visit the Oasis Tradelink IPO allotment status page to check the number of shares allocated to your application.
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