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SecUR Credentials Limited Our Company was originally incorporated as a private limited company under the Companies Act. 1956 pursuant to a certificate of incorporation issued by the Registrar of Companies: Maharashtra, Mumbai dated August 14, 2001 with the name 'Axis Resources Private Limited'. Subsequently the name Of our Company was changed to 'SecUR Credentials Private Limited' and a fresh certificate of incorporation consequent upon change of name was issued by the Registrar of Companies, Maharashtra. Mumbai on July 18, 2016. Subsequently, our Company was converted into a public limited company pursuant to approval of the shareholders at an extraordinary general meeting held on july 19,2017 and consequently, the name of our Company was changed to 'SecUR Credentials Limited' and a fresh certificate of incorporation consequent upon conversion to public limited company was issued by the Registrar of Companies , Maharashtra, Mumbai on july 27, 2017. For further details of our Company please refer 'General Information' and 'History and Certain Other Corporate Matters' on pages 43 and 93. respectively Registered Office: A- 303. Classique Centre, Off
Mahakali Caves Road, Andheri (East), Mumbai - 400 093. Maharashtra, India. PUBLIC ISSUE OF 14,67,000 EQUITY SHARES OF FACE VALUE OF RS 10.00 EACH OF SECUR CREDENTIALS LIMITED ('OUR COMPANY' OR 'THE ISSUER') FOR CASH AT A PRICE OF RS 205.00 PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF RS 195.00 PER EQUITY SHARE) ('ISSUE PRICE') AGGREGATING TO RS 3,007.35 LAKHS ('THE ISSUE'), OF THE ISSUE. 75,000 EQUITY SHARES AGGREGATING TO RS 153.75 LAKHS WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER ('MARKET MAKER RESERVATION PORTION'). THE ISSUE LESS THE MARKET MAKER RESERVATION PORTION I.E. ISSUE OF 13,92,000 EQUITY SHARES OF FACE VALUE OF RS 10.00 EACH AT AN ISSUE PRICE OF RS 205.00 PER EQUITY SHARE AGGREGATING TO RS 2,853.60 LAKHS IS HEREINAFTER REFERRED TO AS THE 'NET ISSUE'. THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 30.01% AND 28.48%. RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY. THIS BEING A FIXED PRICE, AS PER SUB CLAUSE (4) OF REGULATION 43 DF THE SEBI (ICDR) REGULATIONS, 2009 AS AMENDED (THE 'SEBI REGULATIONS''), OUT OF THE NET ISSUE OF 1392,000 EQUITY SHARES, NOT LESS THAN 50% SHALL BE AVALABLE TO RETAIL INDIVIDUAL INVESTORS AND THE REMAINING TO INDIVIDUAL APPLICANTS OTHER THAN RETAIL INVESTORS AND OTHER INVETOFS INCLUDING CORPORATE BODIES OR INSTITUTIONS IRRESPECTIVE OF THE NUMBER OF SHARES APPLIED FOR. IF THE RETAIL INDIVIDUAL INVESTOR CATEGORY IS ENTITLED TD MORE THAN 50% ON PROPORATIONATE BASIS, THEY SHALL BE ALLOTTED THAT HIGHER PERCENTAGE THE FACE VALUE OF THE EQUITY SHARES IS RS 10 EACH AND The Equity Shares offered through this Prospectus are proposed to be listed on the NSE Emerge Platform. In terms of the Chapter XB of the SEBI (ICDR) Regulations, 2009, as amended from time to time, we are not required to obtain an in-principal listing approval for the shares being offered in this. Issue. However our Company has received an approval letter dated October 13, 2017 from NSE for using its name in this Prospectus for listing of our Equity Shares on the NSE Emerge Plaflorm. For the purpose of this Issue, National Stock Exchange of India Limited (NSE) shall be the Designated Stock Exchange. The trading is proposed to be commenced with effect Process by providing the details of their respective bank SUBSCRIPTION DETAILS The Issue has received 6652 applications for 52,68,600 Equity Shares, resulting in 3.59 times subscription (including reserved portion of Market Maker). The details of
The details of application rejected by the Registrar on Technical grounds / withdrawal are detailed below: Technical rejection / withdrawal
After eliminating Technically Rejected applications, the following table gives the details of Category wise net valid applications. After technical rejections
* Retail individual investor has subscribe to the extend 279.43% of the net issue. Hence they were offered 74.35% of net issue of 13,92,000 shares i.e. 10,35,000 The Basis of Allotment to the Market Maker, at the issue price of Rs. 205/- per Equity Share, was. finalized in consultation with NSE. The category was subscribed by 1.00 times. The total number of shares allotted in this category is 75,000 Equity Shares The Basis of Allotment to the Retail Individual Investors, at the issue price of Rs. 205/- per Equity Share, was finalized In consultation with NSE. The category was subscribed 3.76 times. The total number of shares allotted in this category is 10,35,000
The Basis of Allotment to the Non Retail Investors, at the issue price of Rs. 205/- per Equity Share, was finalized in consultation with NSE. The category was subscribed 3.54 times. The Total number of shares allotted in this category is 3,57,000 Equity Shares.
The Board of Directors of the Company at its meeting held on November 8, 2017 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz. NSE and has authorized the corporate action for the transfer of the Equity Shares to various successful applicanls. The CAN and allotment advice and/or notices are being dispatched to the address of the Applicants as registered with the depositories on or before November 10,2017. Further, the instructions to Self Certified Syndicate Banks are being processed on or prior to November 10, 2017. 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 EMERGE Platform of NSE within six working days from the date of the closure of the Issue. All capitalized terms used and not defined herein shall have the respective meaning assigned to them in the Prospectus dated October 16, 2017 ('Prospectus'). INVESTORS PLEASE NOTE The details of the allotment made would also be hosted on the website of the Registrar to the Issue, SKYLINE FINANCIAL SERVICES PRIVATE LIMITED at www.skylinerta.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:
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The SecUR Credentials IPO basis of allotment (published above) tells you how shares are allocated to you in SecUR Credentials IPO and category wise demand of IPO share.
Visit the SecUR Credentials IPO allotment status page to check the number of shares allocated to your application.
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