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(This is only an advertisement for Information purposes and not a Prospectus announcement.) OYEEEE MEDIA LIMITED (CIN: U22300MH2008PLC181234) Our Company was originally Incorporated at Mumbal as 'Oyeeee Media Private Limited' on 16* April, 2008 under the provisions of the Companies Act, 1956. Our Company was converted in to a Public Limited Company and consequently the name was changed to 'Oyeeee Media Limited' vide fresh certificate of incorporation dated 1st December, 2014 issued by the Registrar of Companies, Mumbai, Maharashtra. For further details in relations to the changes to the name of ourCompany, please refer to the section titled 'Our History and Corjporate Structure'beginning on page 87 of the Prospectus. Registered Office: A-201,2' Floor, Crystal Plaza, New Link
Road, Oshiwara Village, Andheri West, Mumbai-400 053, Maharashtra, India; BASIS OF ALLOTMENT PUBLIC ISSUE OF 39,75,000 EQUITY SHARES OF RS. 10/- EACH ('EQUITY SHARES') OF
OYEEEE MEDIA LIMITED ('OML' OR THE 'COMPANY' OR THE
'ISSUER') FOR CASH AT A PRICE OF RS. 40/- PER SHARE (THE 'ISSUE
PRICE'), AGGREGATING TO RS. 1590.00 LACS ('THE ISSUE'), OF WHICH, 2,01,000
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 37,74,000 EQUITY SHARES OF RS. 10 EACH IS HEREINAFTER
REFERRED TO AS THE 'NET ISSUE'. THE ISSUE AND THE NET ISSUE WILL CONSTITUTE
26.83% AND 25.48%, RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF THE
COMPANY. THE FACE VALUE OF THE EQUITY SHARES IS RS. 10/- EACH AND THE ISSUE
PRICE IS RS. 40 EACH. THE ISSUE PRICE IS 4.00 TIMES OF THE FACE VALUE. ISSUE OPENED ON
13 AUGUST, 2015 AND CLOSED ON 19 AUGUST, 2015. SUBSCRIPTION DETAILS The Issue has received 304 applications for 29,31,000 Equity Shares (Including Market Maker Application of 2,01,000 Equity Shares) resulting 0.7374 time subscription before cheque returns and before considering technical rejection cases. The Issue was subscribed to the extent of 0.7366 time after considering the cheque return cases of 3,000 Shares for 1 application. After considering the Technical Rejection and withdrawal cases of 54,000 Shares for 6 applications, the Issue was subscribed 0.7230 time. Since this Issue was fully underwritten, and requisite notice has been sent to Underwriters i.e. First Overseas Capital Limited and Alacrity Securities Limited hence Underwriter have procured the shortfall of 11,01,000 Shares from 65 applications and accordingly Issue was subscribed to 1.00 time. The details of the applications received in the Issue (before technical rejections) are as follows: Detail of the Applications Received (Before Technical Rejections):
The details of applications rejected by the Registrar on technical grounds are detailed below:
Detail of the Applications Received (After Technical Rejections):
* Arrived as per designation stock exchange in terms of SEBI ICDR Regulations. ALLOCATION: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - BSE Limited on 28' August, 2015. A. Allocation to Market Maker: The Basis of Allotment to the Market Maker, at the issue price of Rs. 40/- per Equity Share, was finalised in consultation with BSE. The category was subscribed by 1.00 time. The total number of shares allotted in this category is 2,01,000 Equity shares in full out of reserved portion of 2,01,000 Equity Shares. B. Allocation to Retail Individual Investors (After Technical Rejections & Withdrawal): The Basis of Allotment to the Retail Individual Investors, at the issue price of Rs. 40/- per Equity Share, was finalized in consultation with BSE. The category was subscribed by 0.229 times. Total number of shares allotted in this category is 4,32,000 Equity Shares. The balance 11,01,000 Shares has been added to Underwriter Procurement Category and 3,54,000 Shares has been added to Non Retail Category as spill over. The category wise basis of allotment is as under:
C. Allocation to Non Retail Investors (After Technical Rejections & Withdrawal): The Basis of Allotment to the Non Retail Investors, at the issue price of Rs. 40/- per Equity Share, was finalized in consultation with BSE. The category was subscribed by 1.188 times. Total number of shares allotted in this category is 22,41,000 Equity Shares including spill over of 3,54,000 Shares from Retail Category. The category wise basis of allotment is as under:
* Includes 3,54,000 Shares spill over from retail category D. Allocation to Underwriters Procurement (After Technical Rejections & Withdrawal): The shortfall of retail category 11,01,000 Shares has been procured by Underwriter through 65 applications at the issue price of Rs. 40/-per Equity Share, was finalized in consultation with BSE. The category wise basis of allotment is as under:
The Board of Directors of the Company at its meeting held on 29th
August, 2015 has taken on record the Basis of Allocation of 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 depositories/ as filled
in the application form on or before 1st September, 2015. Further, the instructions to
Self Certified Syndicate Banks being processed on or prior to 31st August, 2015. 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 subject 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 working days from the date of the closure of
the Issue. The trading is proposed to be commenced on or before 2nd September, 2015
subject to receipt of listing and trading approvals from BSE Limited. SHAREPRO SERVICES (INDIA) PVT. LTD. Building No.13 AB, 2 Floor,Samhita Warehousing Complex, Sakinaka Telephone Exchange
Lane, Off Andheri-Kurla Road,
THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET
PRICE OF THE EQUITY SHARES ON LISTING OR THE BUSINESS PROSPECTS OF OYEEEE
MEDIA LIMITED. |
The Oyeeee Media IPO basis of allotment (published above) tells you how shares are allocated to you in Oyeeee Media IPO and category wise demand of IPO share.
Visit the Oyeeee Media IPO allotment status page to check the number of shares allocated to your application.
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