SHANKARA BUILDING PRODUCTS LIMITED
Our Company was originally incorporated as Shankara Pipes lndia
Private limited on october 13, 1995 at Bengaluru, Karnataka, india as a private limited
company under the companies act, 1956. Subsequentaly, our Company was converted to a
Public Limited company and a fresh certificate of incorporation consequent upon conversion
to a public limited company was issued by the Registrar of Companies, Bangalore, Karnataka
('Roc') on August 28, 2007 in the name of Shankara Pipes india Limited. The name
of our Company was subsequently changed to Shankara Infrastructure Materials Limited and a
fresh certificate of incorporation consequent upon change of name was issued by the RoC on
March 25,2011. Thereafter,the name of our Company was changed to Shankara Building
Products Limited and a fresh certificate of incorporation consequent upon change of name
was issued by the Roc on July 27,2016. For Zdetails of change in the name and Registered
Office of our Company, see 'History and Certain Corporate Matters' on
page 109 of the prospectus dated March 27,2017 (the 'Prospectus').
Registered and Corporate Office: G2, Farah Winsford, No.
133, Infantry Road, Bengaluru 560 001, Karnataka, India. Contact Person: Ereena Vikram,
Company Secretary and Compliance Officer; Tel: +91 80 4011 7777; Fax:
+91 8041119317; E-mail: info@shankarabuildpro.com; Website:
www.shankarabuildpro.com Corporate
Identity Number: U26922KA1995PLC018990
BASIS OF ALLOTMENT
Our Company has filed the Prospectus dated March 27, 2017 with the
Registrar of Companies, Bangalore, Karnataka (the 'Prospectus') and the Equity
Shares are proposed to be listed on the BSE Limited ('BSE') and the National
Stock Exchange of India Limited ('NSE', and together with the BSE, the
'Stock Exchanges') and the trading will commence on April 5,2017.
OUR PROMOTERS: SUKUMAR SRINIVAS
PUBLIC OFFER OF 7,500,029 EQUITY SHARES OF FACE VALUE OF RS 10 EACH ('EQUITY
SHARES') OF SHANKARA BUILDING PRODUCTS LIMITED ('COMPANY' OR
'ISSUER') FOR CASH AT A PRICE OF RS 460 PER EQUITY SHARE (INCLUDING A SHARE
PREMIUM OF RS 450 PER EQUITY SHARE) AGGREGATING TO RS 3,450.01 MILLION ('OFFER')
COMPRISING A FRESH ISSUE OF 978,289 EQUITY SHARES AGGREGATING TO RS 450.01 MILLION
('FRESH ISSUE') AND AN OFFER FOR SALE OF 816,252 EQUITY SHARES BY OUR PROMOTER,
SUKUMAR SRINIVAS AND 5,705,488 EQUITY SHARES BY FAIRWINDS TRUSTEES SERVICES PRIVATE
LIMITED ACTING IN THE CAPACITY OF TRUSTEE OF RELIANCE ALTERNATIVE INVESTMENTS FUND -
PRIVATE EQUITY SCHEME I (COLLECTIVELY THE 'SELLING SHAREHOLDERS') AGGREGATING TO
RS 3,000 MILLION ('OFFER FOR SALE'). THE OFFER WILL CONSTITUTE 32.82% OF OUR
POST-OFFER PAID-UP EQUITY SHARE CAPITAL.
OFFER PRICE: RS 460 PER EQUITY SHARE OF FACE VALUE OF RS 10 EACH
ANCHOR INVESTOR OFFER PRICE: RS 460 PER EQUITY SHARE
THE OFFER PRICE IS 46.0 TIMES THE FACE VALUE
Risks to Investors:
i. The three (3) BRLMs associated with the Offer have handled five (5) public issues in
the past three (3) years out of which two (2) issues closed below the issue price on
listing date.
ii. The average cost of acquisition of Equity Shares for our Promoter, Sukumar Srinivas
and Reliance Alternative Investments Fund - Private Equity Scheme I, is 3.22 and Rs 92.56,
per Equity Share, respectively, and the Offer Price at the higherend of the Price Band is
Rs 460.
iii. There are no listed peers engaged in the Company's line of business.
Iv. The Price/Earnings ratio based on Diluted Earnings Per Share for the Financial Year
2016, at the higher end of the Price Band, is as high as 24.34 on consolidated basis and
91.63 on standalone basis, as compared to Price/Earnings ratio of the CNX Nifty 50 Index
of 23.20 and BSE SENSEX Index of 22.06 (as on March 10, 2017).
BID/ OFFER PERIOD: OPENED ON: WEDNESDAY, MARCH 22, 2017;
CLOSED ON FRIDAY, MARCH 24, 2017
ANCHOR INVESTOR BIDDING PERIOD: TUESDAY, MARCH 21, 2017
In terms of Rule 19(2)(b)(i) of the Securities Contracts (Regulation) Rules, 1957,
as amended ('SCRR'), this is an Offer for at least 25% of the post-Offer paid-up
equity share capital of our Company. The Offer is being made through the Book Building
Process in accordance with Regulation 26(1) of the Securities and Exchange Board of India
(Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended (the
'SEBIICDR Regulations'), wherein 50% of the Offer has been allocated on a
proportionate basis to Qualified Institutional Buyers ('QIBs') ('QIB
Portion'), provided that our Company and the Selling Shareholders, in consultation
with the BRLMs, allocated up to 60% of the QIB Portion to Anchor Investors on a
discretionary basis ('Anchor Investor Portion') at the Anchor Investor
Allocation Price, out of which one-third was reserved for domestic Mutual Funds, in
accordance with the SEBI ICDR Regulations. 5% of the QIB Portion (excluding the Anchor
Investor Portion) was available for allocation on a proportionate basis to Mutual Funds
only, and the remainder of the QIB Portion was available for allocation on a proportionate
basis to all QIB Bidders (other than Anchor Investors), including Mutual Funds, subject to
valid Bids being received at or above the Offer Price. Further, not less than 15% of the
Offer was available for allocation on a proportionate basis to Non-Institutional Bidders
and not less than 35% of the Offer was available for allocation to Retail Individual
Bidders in accordance with the SEBI ICDR Regulations, subject to valid Bids being received
at or above the Offer Price. All potential investors, other than Anchor Investors, were
required to mandatorily use the Application Supported by Blocked Amount ('ASBA')
process providing details of their respective bank accounts which were blocked by the Self
Certified Syndicate Banks ('SCSBs'). For details, see 'Offer
Procedure' on page 198 of the Prospectus. In accordance with the FEMA Regulations,
participation by Non-Resident investors in the Offer was restricted to (i) FPIs (investing
under the portfolio investment scheme in accordance with Schedule 2A of the FEMA
Regulations); (ii) Flls (investing under the portfolio investment scheme in accordance
with Schedule 2 of the FEMA Regulations); and (iii) Eligible NRIs (investing on a
non-repatriation basis in accordance with Schedule 4 of the FEMA Regulations). The Offer
received 1,039,693 applications for 217,292,384 Equity Shares (prior to technical
rejections) resulting in 28.97 times subscription, including the Anchor Investor Portion.
The details of the applications received in the Offer from various categories are as
under: (before technical rejections):
SI
No |
Category |
No. of
Applications |
No. of Equity
Shares |
No. of times
Subscribed |
Amount
(in Rs) |
A |
Retail Individual Investors |
1,038,688 |
39,432,864 |
15.02 |
18,176,240,415.00 |
B |
Non Institutional Investors* |
899 |
101,519,008 |
90.24 |
46,697,308,752.00 |
C |
Qualified Institutional Bidders (Excluding Anchors)* |
90 |
73,275,232 |
48.85 |
33,706,606,720.00 |
D |
Anchor Investors |
16 |
3,065,280 |
1.36 |
1,410,028,800.00 |
|
Total |
1,039,693 |
217,292,384 |
28.97 |
99,990,184,687.00 |
*There were 7 applications for 50,176 Equity Shares aggregating
to Rs 23,080,960, which were from Non Institutional Investors, but were bid under the
Qualified Institutional Bidders category as per the Stock Exchanges' bid book. All these
applications were re-categorised and shifted to Non Institutional Investors category and
were considered for Allotment based on the depositories data.
Final Demand:
A summary of the final demand as at different Bid prices is as under
SI No. |
Bid Price
(inRs) |
Bids
Quantity |
(%)to
Total |
Cumulative
Total |
% Cumulative
Total |
1 |
440 |
121,856 |
0.05 |
121,856 |
0.05 |
2 |
441 |
3,488 |
0.00 |
125,344 |
0.06 |
3 |
442 |
1,632 |
0.00 |
126,976 |
0.06 |
4 |
443 |
1,184 |
0.00 |
128,160 |
0.06 |
5 |
444 |
1,920 |
0.00 |
130,080 |
0.06 |
6 |
445 |
13,280 |
0.01 |
143,360 |
0.06 |
7 |
446 |
832 |
0.00 |
144,192 |
0.06 |
8 |
447 |
800 |
0.00 |
144,992 |
0.07 |
9 |
448 |
1,024 |
0.00 |
146,016 |
0.07 |
10 |
449 |
672 |
0.00 |
146.688 |
0.07 |
11 |
450 |
88,768 |
0.04 |
235,456 |
0.11 |
12 |
451 |
1,760 |
0.00 |
237,216 |
0.11 |
13 |
452 |
768 |
0.00 |
237,984 |
0.11 |
14 |
453 |
736 |
0.00 |
238,720 |
0.11 |
15 |
454 |
608 |
0.00 |
239,328 |
0.11 |
16 |
455 |
19,840 |
0.01 |
259,168 |
0.12 |
17 |
456 |
2,112 |
0.00 |
261,280 |
0.12 |
18 |
457 |
1,056 |
0.00 |
262,336 |
0.12 |
19 |
458 |
12,288 |
0.01 |
274,624 |
0.12 |
20 |
459 |
13,088 |
0.01 |
287,712 |
0.13 |
21 |
460 |
187,137,376 |
84.23 |
187,425,088 |
84.36 |
22 |
CUTOFF |
34,737,280 |
15.64 |
222,162,368 |
100.00 |
TOTAL |
222,162,368 |
100.00 |
|
|
The Basis of Allotment was finalized in consultation with the
Designated Stock Exchange, being the BSE on March 31,2017.
A. Allotment to Retail Individual Investors (after technical rejections)
The Basis of Allotment to the Retail Individual Investors, who bid at the Cut-Off
Price or at the Offer Price of Rs 460 per Equity Share, was finalized in consultation with
the BSE. This category has been subscribed to the extent of 14.7200 times. The total
number of Equity Shares Allotted in this category was 2,625,024 Equity Shares to 82,032
successful applicants. The category-wise details of the Basis of Allotment are as under:
Category |
No. of
Applications Received |
% of
Total |
Total No. of
Equity Shares Applied |
%to
Total |
No. of Equity
Shares Allotted
per Applicant |
Ratio |
Total No. of
Equity Shares
Allotted |
32 |
964,638 |
94.57 |
30,868,416 |
79.89 |
32 |
145:1803 |
2,482,496 |
64 |
25,877 |
2.54 |
1,656,128 |
4.29 |
32 |
145:1803 |
66,592 |
96 |
8,900 |
0.87 |
854,400 |
2.21 |
32 |
145:1803 |
22,912 |
128 |
4,269 |
0.42 |
546,432 |
1.41 |
32 |
145:1803 |
10,976 |
160 |
3,412 |
0.33 |
545,920 |
1.41 |
32 |
145:1803 |
8,768 |
192 |
2,361 |
0.23 |
453,312 |
1.17 |
32 |
145:1803 |
6,080 |
224 |
1,821 |
0.18 |
407,904 |
1.06 |
32 |
146:1821 |
4,672 |
256 |
685 |
0.07 |
175,360 |
0.45 |
32 |
55 : 685 |
1,760 |
288 |
383 |
0.04 |
110,304 |
0.29 |
32 |
31:383 |
992 |
320 |
1,425 |
0.14 |
456,000 |
1.18 |
32 |
115:1425 |
3,680 |
352 |
299 |
0.03 |
105,248 |
0.27 |
32 |
24:299 |
768 |
384 |
512 |
0.05 |
196.608 |
0.51 |
32 |
41:512 |
1,312 |
416 |
5,443 |
0.53 |
2,264,288 |
5.86 |
32 |
145:1803 |
14,016 |
TOTAL |
1,020,025 |
100.00 |
38,640,320 |
100.00 |
|
|
2,625,024 |
B. Allotment to Non-Institutional Investors (AfterTechnical
Rejections)
The Basis of Allotment to the Non-Institutional Investors, who bid at the Offer
Price of Rs 460 per Equity Share or above, was finalized in consultation with the BSE.
This category has been subscribed to the extent of 89.1520 times. The total number of
Equity Shares Allotted in this category was 1,125,005 Equity Shares to 525 successful
applicants. The category-wise details of the Basis of Allotment are as under:
Category |
No. of
Applications
Received |
% of
Total |
Total No. of
Equity Shares
Applied |
% to
Total |
No. of Equity
Shares Allotted
per Applicant |
Ratio |
Total No. of
Equity Shares
Allotted |
448 |
125 |
14.48 |
56,000 |
0.06 |
32 |
19:125 |
608 |
480 |
46 |
5.33 |
22,080 |
0.02 |
32 |
4:23 |
256 |
512 |
15 |
1.74 |
7,680 |
0.01 |
32 |
2:15 |
64 |
544 |
18 |
2.09 |
9,792 |
0.01 |
32 |
1:6 |
96 |
576 |
13 |
1.51 |
7,488 |
0.01 |
32 |
2:13 |
64 |
608 |
5 |
0.58 |
3,040 |
0.00 |
32 |
1:5 |
32 |
640 |
32 |
3.71 |
20,480 |
0.02 |
32 |
7:32 |
224 |
672 |
12 |
1.39 |
8,064 |
0.01 |
32 |
1 :4 |
96 |
704 |
7 |
0.81 |
4,928 |
0.00 |
32 |
2:7 |
64 |
736 |
7 |
0.81 |
5,152 |
0.01 |
32 |
2:7 |
64 |
768 |
6 |
0.70 |
4,608 |
0.00 |
32 |
1:6 |
32 |
800 |
10 |
1.16 |
8,000 |
0.01 |
32 |
3:10 |
96 |
832 |
2 |
0.23 |
1,664 |
0.00 |
32 |
1 :2 |
32 |
864 |
5 |
0.58 |
4,320 |
0.00 |
32 |
1:5 |
32 |
896 |
6 |
0.70 |
5,376 |
0.01 |
32 |
1:3 |
64 |
928 |
2 |
0.23 |
1,856 |
0.00 |
32 |
1:2 |
32 |
960 |
13 |
1.51 |
12,480 |
0.01 |
32 |
4:13 |
128 |
992 |
2 |
0.23 |
1,984 |
0.00 |
32 |
1:2 |
32 |
1,024 |
7 |
0.81 |
7,168 |
0.01 |
32 |
2:7 |
64 |
1,056 |
5 |
0.58 |
5,280 |
0.01 |
32 |
2:5 |
64 |
1,088 |
15 |
1.74 |
16,320 |
0.02 |
32 |
2:5 |
192 |
1,120 |
6 |
0.70 |
6,720 |
0.01 |
32 |
1:3 |
64 |
1,152 |
3 |
0.35 |
3,456 |
0.00 |
32 |
1:3 |
32 |
1,184 |
5 |
0.58 |
5,920 |
0.01 |
32 |
2:5 |
64 |
1,216 |
2 |
0.23 |
2,432 |
0.00 |
32 |
1:2 |
32 |
1,248 |
1 |
0.12 |
1,248 |
0.00 |
32 |
1:1 |
32 |
1,280 |
10 |
1.16 |
12,800 |
0.01 |
32 |
2:5 |
128 |
1,312 |
6 |
0.70 |
7,872 |
0.01 |
32 |
1:2 |
96 |
1,344 |
3 |
0.35 |
4,032 |
0.00 |
32 |
1:3 |
32 |
1,376 |
4 |
0.46 |
5,504 |
0.01 |
32 |
1:3 |
64 |
1,408 |
4 |
0.46 |
5,632 |
0.01 |
32 |
1:2 |
64 |
1,440 |
3 |
0.35 |
4,320 |
0.00 |
32 |
1:2 |
32 |
1,504 |
1 |
0.12 |
1,504 |
0.00 |
32 |
1:3 |
32 |
1,536 |
2 |
0.23 |
3,072 |
0.00 |
32 |
1:1 |
32 |
1,568 |
2 |
0.23 |
3,136 |
0.00 |
32 |
1:2 |
32 |
1,600 |
6 |
0.70 |
9,600 |
0.01 |
32 |
1:2 |
96 |
1,632 |
2 |
0.23 |
3,264 |
0.00 |
32 |
1:2 |
32 |
1,696 |
1 |
0.12 |
1,696 |
0.00 |
32 |
1:1 |
32 |
1,728 |
8 |
0.93 |
13,824 |
0.01 |
32 |
5:8 |
160 |
1,760 |
1 |
0.12 |
1,760 |
0.00 |
32 |
1:1 |
32 |
1,792 |
1 |
0.12 |
1,792 |
0.00 |
32 |
1:1 |
32 |
1,888 |
2 |
0.23 |
3,776 |
0.00 |
32 |
1:2 |
32 |
1,920 |
3 |
0.35 |
5,760 |
0.01 |
32 |
2:3 |
64 |
1,952 |
2 |
0.23 |
3,904 |
0.00 |
32 |
1:2 |
32 |
1,984 |
1 |
0.12 |
1,984 |
0.00 |
32 |
1:1 |
32 |
2,016 |
1 |
0.12 |
2,016 |
0.00 |
32 |
1:1 |
32 |
2,048 |
4 |
0.46 |
8,192 |
0.01 |
32 |
3:4 |
96 |
2,080 |
3 |
0.35 |
6,240 |
0.01 |
32 |
2:3 |
64 |
2,112 |
4 |
0.46 |
8,448 |
0.01 |
32 |
3:4 |
96 |
2,144 |
14 |
1.62 |
30,016 |
0.03 |
32 |
11:14 |
352 |
2,176 |
50 |
5.79 |
108,800 |
0.11 |
32 |
19:25 |
1,216 |
2,208 |
2 |
0.23 |
4,416 |
0.00 |
32 |
1:1 |
64 |
2,240 |
2 |
0.23 |
4,480 |
0.00 |
32 |
1:1 |
64 |
2,272 |
1 |
0.12 |
2,272 |
0.00 |
32 |
1:1 |
32 |
2,336 |
1 |
0.12 |
2,336 |
0.00 |
32 |
1:1 |
32 |
2,400 |
3 |
0.35 |
7,200 |
0.01 |
32 |
2:3 |
64 |
2,432 |
2 |
0.23 |
4,864 |
0.00 |
32 |
1:1 |
64 |
2,464 |
1 |
0.12 |
2,464 |
0.00 |
32 |
1:1 |
32 |
2,592 |
1 |
0.12 |
2,592 |
0.00 |
32 |
1:1 |
32 |
2,624 |
1 |
0.12 |
2,624 |
0.00 |
32 |
1:1 |
32 |
2,656 |
2 |
0.23 |
5,312 |
0.01 |
32 |
1:1 |
64 |
2,720 |
2 |
0.23 |
5,440 |
0.01 |
32 |
1:1 |
64 |
2,784 |
2 |
0.23 |
5,568 |
0.01 |
32 |
1:1 |
64 |
2,976 |
1 |
0.12 |
2,976 |
0.00 |
33 |
1:1 |
33 |
3,008 |
2 |
0.23 |
6,016 |
0.01 |
34 |
1:1 |
68 |
3,040 |
1 |
0.12 |
3,040 |
0.00 |
34 |
1:1 |
34 |
3,072 |
1 |
0.12 |
3,072 |
0.00 |
34 |
1:1 |
34 |
3,104 |
2 |
0.23 |
6,208 |
0.01 |
35 |
1:1 |
70 |
3,136 |
1 |
0.12 |
3,136 |
0.00 |
35 |
1:1 |
35 |
3,168 |
1 |
0.12 |
3,168 |
0.00 |
36 |
1:1 |
36 |
3,200 |
8 |
0.93 |
25,600 |
0.03 |
36 |
1:1 |
288 |
3,232 |
1 |
0.12 |
3,232 |
0.00 |
36 |
1:1 |
36 |
3,264 |
3 |
0.35 |
9,792 |
0.01 |
37 |
1:1 |
111 |
3,392 |
1 |
0.12 |
3,392 |
0.00 |
38 |
1:1 |
38 |
3,424 |
1 |
0.12 |
3,424 |
0.00 |
38 |
1:1 |
38 |
3,488 |
1 |
0.12 |
3,488 |
0.00 |
39 |
1:1 |
39 |
3,552 |
1 |
0.12 |
3,552 |
0.00 |
40 |
1:1 |
40 |
3,648 |
1 |
0.12 |
3,648 |
0.00 |
41 |
1:1 |
41 |
3,808 |
1 |
0.12 |
3,808 |
0.00 |
43 |
1:1 |
43 |
3,840 |
1 |
0.12 |
3,840 |
0.00 |
43 |
1:1 |
43 |
4,000 |
3 |
0.35 |
12,000 |
0.01 |
45 |
1:1 |
135 |
4,128 |
2 |
0.23 |
8,256 |
0.01 |
46 |
1:1 |
92 |
4,192 |
1 |
0.12 |
4,192 |
0.00 |
47 |
1:1 |
47 |
4,320 |
1 |
0.12 |
4,320 |
0.00 |
48 |
1:1 |
48 |
4,352 |
9 |
1.04 |
39,168 |
0.04 |
49 |
1:1 |
441 |
4,800 |
3 |
0.35 |
14,400 |
0.01 |
54 |
1:1 |
162 |
4,832 |
1 |
0.12 |
4,832 |
0.00 |
54 |
1:1 |
54 |
4,960 |
1 |
0.12 |
4,960 |
0.00 |
56 |
1:1 |
56 |
4,992 |
1 |
0.12 |
4,992 |
0.00 |
56 |
1:1 |
56 |
5,024 |
9 |
1.04 |
45,216 |
0.05 |
56 |
1:1 |
504 |
5,408 |
6 |
0.70 |
32,448 |
0.03 |
61 |
1:1 |
366 |
5,440 |
1 |
0.12 |
5,440 |
0.01 |
61 |
1:1 |
61 |
5,472 |
1 |
0.12 |
5,472 |
0.01 |
61 |
1:1 |
61 |
5,632 |
1 |
0.12 |
5,632 |
0.01 |
63 |
1:1 |
63 |
5,664 |
1 |
0.12 |
5,664 |
0.01 |
64 |
1:1 |
64 |
5,824 |
2 |
0.23 |
11,648 |
0.01 |
65 |
1:1 |
130 |
5,920 |
1 |
0.12 |
5,920 |
0.01 |
66 |
1:1 |
66 |
6,080 |
2 |
0.23 |
12,160 |
0.01 |
68 |
1:1 |
136 |
6,208 |
1 |
0.12 |
6,208 |
0.01 |
70 |
1:1 |
70 |
6,240 |
1 |
0.12 |
6,240 |
0.01 |
70 |
1:1 |
70 |
6,304 |
1 |
0.12 |
6,304 |
0.01 |
71 |
1:1 |
71 |
6,400 |
3 |
0.35 |
19,200 |
0.02 |
72 |
1:1 |
216 |
6,496 |
1 |
0.12 |
6,496 |
0.01 |
73 |
1:1 |
73 |
6,560 |
1 |
0.12 |
6,560 |
0.01 |
74 |
1:1 |
74 |
6,592 |
2 |
0.23 |
13,184 |
0.01 |
74 |
1:1 |
148 |
6,720 |
1 |
0.12 |
6,720 |
0.01 |
75 |
1:1 |
75 |
7,040 |
1 |
0.12 |
7,040 |
0.01 |
79 |
1:1 |
79 |
7,264 |
1 |
0.12 |
7,264 |
0.01 |
81 |
1:1 |
81 |
7,424 |
1 |
0.12 |
7,424 |
0.01 |
83 |
1:1 |
83 |
7,520 |
1 |
0.12 |
7,520 |
0.01 |
84 |
1:1 |
84 |
7,680 |
1 |
0.12 |
7,680 |
0.01 |
86 |
1:1 |
86 |
7,808 |
1 |
0.12 |
7,808 |
0.01 |
88 |
1:1 |
88 |
8,000 |
5 |
0.58 |
40,000 |
0.04 |
90 |
1:1 |
450 |
8,032 |
1 |
0.12 |
8,032 |
0.01 |
90 |
1:1 |
90 |
8,288 |
1 |
0.12 |
8,288 |
0.01 |
93 |
1:1 |
93 |
8,672 |
5 |
0.58 |
43,360 |
0.04 |
97 |
1:1 |
485 |
8,704 |
1 |
0.12 |
8,704 |
0.01 |
98 |
1:1 |
98 |
8,800 |
1 |
0.12 |
8,800 |
0.01 |
99 |
1:1 |
99 |
8,992 |
1 |
0.12 |
8,992 |
0.01 |
101 |
1:1 |
101 |
9,280 |
1 |
0.12 |
9,280 |
0.01 |
104 |
1:1 |
104 |
9,312 |
1 |
0.12 |
9,312 |
0.01 |
104 |
1:1 |
104 |
9,600 |
1 |
0.12 |
9,600 |
0.01 |
108 |
1:1 |
108 |
9,760 |
3 |
0.35 |
29,280 |
0.03 |
109 |
1:1 |
327 |
9,824 |
1 |
0.12 |
9,824 |
0.01 |
110 |
1:1 |
110 |
10,016 |
1 |
0.12 |
10,016 |
0.01 |
112 |
1:1 |
112 |
10,240 |
2 |
0.23 |
20,480 |
0.02 |
115 |
1:1 |
230 |
10,656 |
1 |
0.12 |
10,656 |
0.01 |
120 |
1:1 |
120 |
10,848 |
6 |
0.70 |
65,088 |
0.06 |
122 |
1:1 |
732 |
10,880 |
6 |
0.70 |
65,280 |
0.07 |
122 |
1:1 |
732 |
11,200 |
1 |
0.12 |
11,200 |
0.01 |
126 |
1:1 |
126 |
11,680 |
1 |
0.12 |
11,680 |
0.01 |
131 |
1:1 |
131 |
12,160 |
1 |
0.12 |
12,160 |
0.01 |
136 |
1:1 |
136 |
12,800 |
2 |
0.23 |
25,600 |
0.03 |
144 |
1:1 |
288 |
12,992 |
1 |
0.12 |
12,992 |
0.01 |
146 |
1:1 |
146 |
13,888 |
1 |
0.12 |
13,888 |
0.01 |
156 |
1:1 |
156 |
14,208 |
1 |
0.12 |
14,208 |
0.01 |
159 |
1:1 |
159 |
14,400 |
1 |
0.12 |
14,400 |
0.01 |
162 |
1:1 |
162 |
14,848 |
1 |
0.12 |
14,848 |
0.01 |
167 |
1:1 |
167 |
15,008 |
1 |
0.12 |
15,008 |
0.01 |
168 |
1:1 |
168 |
15,200 |
2 |
0.23 |
30,400 |
0.03 |
170 |
1:1 |
340 |
16,000 |
2 |
0.23 |
32,000 |
0.03 |
179 |
1:1 |
358 |
16,160 |
1 |
0.12 |
16,160 |
0.02 |
181 |
1:1 |
181 |
16,480 |
1 |
0.12 |
16,480 |
0.02 |
185 |
1:1 |
185 |
16,512 |
1 |
0.12 |
16,512 |
0.02 |
185 |
1:1 |
185 |
18,912 |
2 |
0.23 |
37,824 |
0.04 |
212 |
1:1 |
424 |
19,584 |
1 |
0.12 |
19,584 |
0.02 |
220 |
1:1 |
220 |
20,576 |
1 |
0.12 |
20,576 |
0.02 |
231 |
1:1 |
231 |
21,088 |
1 |
0.12 |
21,088 |
0.02 |
237 |
1:1 |
237 |
21,120 |
1 |
0.12 |
21,120 |
0.02 |
237 |
1:1 |
237 |
21,696 |
1 |
0.12 |
21,696 |
0.02 |
243 |
1:1 |
243 |
21,728 |
10 |
1.16 |
217,280 |
0.22 |
244 |
1:1 |
2,440 |
21,760 |
5 |
0.58 |
108,800 |
0.11 |
244 |
1:1 |
1,220 |
21,952 |
1 |
0.12 |
21,952 |
0.02 |
246 |
1:1 |
246 |
21,984 |
1 |
0.12 |
21,984 |
0.02 |
247 |
1:1 |
247 |
22,016 |
1 |
0.12 |
22,016 |
0.02 |
247 |
1:1 |
247 |
22,400 |
1 |
0.12 |
22,400 |
0.02 |
251 |
1:1 |
251 |
24,000 |
1 |
0.12 |
24,000 |
0.02 |
269 |
1:1 |
269 |
24,160 |
1 |
0.12 |
24,160 |
0.02 |
271 |
1:1 |
271 |
25,312 |
1 |
0.12 |
25,312 |
0.03 |
284 |
1:1 |
284 |
25,600 |
1 |
0.12 |
25,600 |
0.03 |
287 |
1:1 |
287 |
26,272 |
1 |
0.12 |
26,272 |
0.03 |
295 |
1:1 |
295 |
27,200 |
1 |
0.12 |
27,200 |
0.03 |
305 |
1:1 |
305 |
28,896 |
1 |
0.12 |
28,896 |
0.03 |
324 |
1:1 |
324 |
30,432 |
2 |
0.23 |
60,864 |
0.06 |
341 |
1:1 |
682 |
32,000 |
3 |
0.35 |
96,000 |
0.10 |
359 |
1:1 |
1,077 |
32,320 |
1 |
0.12 |
32,320 |
0.03 |
363 |
1:1 |
363 |
32,512 |
1 |
0.12 |
32,512 |
0.03 |
365 |
1:1 |
365 |
32,576 |
1 |
0.12 |
32,576 |
0.03 |
365 |
1:1 |
365 |
32,608 |
2 |
0.23 |
65,216 |
0.07 |
366 |
1:1 |
732 |
32,640 |
1 |
0.12 |
32,640 |
0.03 |
366 |
1:1 |
366 |
32,832 |
1 |
0.12 |
32,832 |
0.03 |
368 |
1:1 |
368 |
34,560 |
1 |
0.12 |
34,560 |
0.03 |
388 |
1:1 |
388 |
35,872 |
1 |
0.12 |
35,872 |
0.04 |
402 |
1:1 |
402 |
36,480 |
1 |
0.12 |
36,480 |
0.04 |
409 |
1:1 |
409 |
38,048 |
1 |
0.12 |
38,048 |
0.04 |
427 |
1:1 |
427 |
39,104 |
1 |
0.12 |
39,104 |
0.04 |
439 |
1:1 |
439 |
40,864 |
1 |
0.12 |
40,864 |
0.04 |
458 |
1:1 |
458 |
43,456 |
15 |
1.74 |
651,840 |
0.65 |
487 |
1:1 |
7,305 |
43,520 |
1 |
0.12 |
43,520 |
0.04 |
488 |
1:1 |
488 |
49,344 |
1 |
0.12 |
49,344 |
0.05 |
553 |
1:1 |
553 |
49,984 |
1 |
0.12 |
49,984 |
0.05 |
561 |
1:1 |
561 |
54,336 |
1 |
0.12 |
54,336 |
0.05 |
609 |
1:1 |
609 |
58,496 |
1 |
0.12 |
58,496 |
0.06 |
656 |
1:1 |
656 |
60,864 |
1 |
0.12 |
60,864 |
0.06 |
683 |
1:1 |
683 |
64,864 |
1 |
0.12 |
64,864 |
0.06 |
728 |
1:1 |
728 |
65,216 |
2 |
0.23 |
130,432 |
0.13 |
732 |
1:1 |
1,464 |
65,248 |
2 |
0.35 |
195,744 |
0.20 |
732 |
1:1 |
2,196 |
67,840 |
1 |
0.12 |
67,840 |
0.07 |
761 |
1:1 |
761 |
69,536 |
1 |
0.12 |
69,536 |
0.07 |
780 |
1:1 |
780 |
73,920 |
1 |
0.12 |
73,920 |
0.07 |
829 |
1:1 |
829 |
82,592 |
1 |
0.12 |
82,592 |
0.08 |
926 |
1:1 |
926 |
86,720 |
1 |
0.12 |
86,720 |
0.09 |
973 |
1:1 |
973 |
86,944 |
1 |
0.12 |
86,944 |
0.09 |
975 |
1:1 |
975 |
97,824 |
1 |
0.12 |
97,824 |
0.10 |
1,097 |
1:1 |
1,097 |
101,088 |
1 |
0.12 |
101,088 |
0.10 |
1,134 |
1:1 |
1,134 |
101,408 |
1 |
0.12 |
101,408 |
0.10 |
1,137 |
1:1 |
1,137 |
108,000 |
1 |
0.12 |
108,000 |
0.11 |
1,211 |
1:1 |
1,211 |
108,672 |
13 |
1.51 |
1,412,736 |
1.41 |
1,219 |
1:1 |
15,847 |
112,160 |
1 |
0.12 |
112,160 |
0.11 |
1,258 |
1:1 |
1,258 |
130,432 |
1 |
0.12 |
130,432 |
0.13 |
1,463 |
1:1 |
1,463 |
152,160 |
1 |
0.12 |
152,160 |
0.15 |
1,707 |
1:1 |
1,707 |
172,800 |
1 |
0.12 |
172,800 |
0.17 |
1,938 |
1:1 |
1,938 |
173,920 |
1 |
0.12 |
173,920 |
0.17 |
1,951 |
1:1 |
1,951 |
174,240 |
1 |
0.12 |
174,240 |
0.17 |
1,954 |
1:1 |
1,954 |
195,680 |
1 |
0.12 |
195,680 |
0.20 |
2,195 |
1:1 |
2,195 |
217,280 |
1 |
0.12 |
217,280 |
0.22 |
2,437 |
1:1 |
2,437 |
217,376 |
12 |
1.39 |
2,608,512 |
2.60 |
2,438 |
1:1 |
29,256 |
236,960 |
1 |
0.12 |
236,960 |
0.24 |
2,658 |
1:1 |
2,658 |
249,984 |
1 |
0.12 |
249,984 |
0.25 |
2,804 |
1:1 |
2,804 |
304,352 |
1 |
0.12 |
304,352 |
0.30 |
3,414 |
1:1 |
3,414 |
324,096 |
1 |
0.12 |
324,096 |
0.32 |
3,635 |
1:1 |
3,635 |
326,080 |
1 |
0.12 |
326,080 |
0.33 |
3,658 |
1:1 |
3,658 |
326,400 |
2 |
0.23 |
652,800 |
0.65 |
3,661 |
1:1 |
7,322 |
352,000 |
1 |
0.12 |
352,000 |
0.35 |
3,948 |
1:1 |
3,948 |
390,400 |
1 |
0.12 |
390,400 |
0.39 |
4,379 |
1:1 |
4,379 |
413,024 |
3 |
0.35 |
1,239,072 |
1.24 |
4,633 |
1:1 |
13,899 |
434,752 |
6 |
0.70 |
2,608,512 |
2.60 |
4,877 |
1:1 |
29,262 |
434,784 |
1 |
0.12 |
434,784 |
0.43 |
4,877 |
1:1 |
4,877 |
456,512 |
1 |
0.12 |
456,512 |
0.46 |
5,121 |
1:1 |
5,121 |
496,000 |
1 |
0.12 |
496,000 |
0.49 |
5,564 |
1:1 |
5,564 |
543,488 |
1 |
0.12 |
543,488 |
0.54 |
6,096 |
1:1 |
6,096 |
558,048 |
1 |
0.12 |
558,048 |
0.56 |
6,260 |
1:1 |
6,260 |
652.160 |
1 |
0.12 |
652.160 |
0.65 |
7.315 |
1:1 |
7.315 |
672,000 |
1 |
0.12 |
672,000 |
0.67 |
7,538 |
1:1 |
7,538 |
684,576 |
2 |
0.23 |
1,369,152 |
1.37 |
7,679 |
1:1 |
15,358 |
684,768 |
1 |
0.12 |
684,768 |
0.68 |
7,681 |
1:1 |
7,681 |
739,104 |
1 |
0.12 |
739,104 |
0.74 |
8,290 |
1:1 |
8,290 |
864,000 |
2 |
0.23 |
1,728,000 |
1.72 |
9,691 |
1:1 |
19,382 |
869,536 |
4 |
0.46 |
3,478,144 |
3.47 |
9,753 |
1:1 |
39,012 |
978,240 |
1 |
0.12 |
978,240 |
0.98 |
10,973 |
1:1 |
10,973 |
989,120 |
1 |
0.12 |
989,120 |
0.99 |
11,095 |
1:1 |
11,095 |
1,086,944 |
2 |
0.23 |
2,173,888 |
2.17 |
12,192 |
1:1 |
24,384 |
1,195,520 |
1 |
0.12 |
1,195,520 |
1.19 |
13,410 |
1:1 |
13,410 |
1,400,000 |
1 |
0.12 |
1,400,000 |
1.40 |
15,704 |
1:1 |
15,704 |
1,739,104 |
1 |
0.12 |
1,739,104 |
1.73 |
19,507 |
1:1 |
19,507 |
1,849,664 |
1 |
0.12 |
1,849,664 |
1.84 |
20,747 |
1:1 |
20,747 |
1,956,800 |
1 |
0.12 |
1,956,800 |
1.95 |
21,949 |
1:1 |
21,949 |
2,172,800 |
4 |
0.46 |
8,691,200 |
8.67 |
24,372 |
1:1 |
97,488 |
2,173,888 |
3 |
0.35 |
6,521,664 |
6.50 |
24,384 |
1:1 |
73,152 |
2,217,600 |
1 |
0.12 |
2,217,600 |
2.21 |
24,874 |
1:1 |
24,874 |
2,540,000 |
1 |
0.12 |
2,540,000 |
2.53 |
28,491 |
1:1 |
28,491 |
2,608,000 |
8 |
0.93 |
20,864,000 |
20.80 |
29,253 |
1:1 |
234,024 |
2,608,672 |
2 |
0.23 |
5,217,344 |
5.20 |
29,261 |
1:1 |
58,522 |
2,717,376 |
1 |
0.12 |
2,717,376 |
2.71 |
30,480 |
1:1 |
30,480 |
3,260,864 |
1 |
0.12 |
3,260,864 |
3.25 |
36,577 |
1:1 |
36,577 |
3,478,240 |
2 |
0.23 |
6,956,480 |
6.94 |
39,017 |
1:1 |
78,034 |
TOTAL |
863 |
100.00 |
100,296,480 |
100.00 |
|
|
1,125,005 |
C Allotment to QIBs excluding Anchor Investors
Allotment to QIBs, who Bid at the Offer Price of Rs 460 per Equity Share or above, has
been done on a proportionate basis in consultation with the BSE. This category has been
subscribed to the extent of 48.8502 times of Net QIB Portion. As per the SEBI ICDR
Regulations, Mutual Funds were Allotted 5% of the Equity Shares of the Net QIB Portion
available i.e. 75,000 Equity Shares and other QIBs and unsatisfied demand of Mutual Funds
were Allotted the remaining available Equity Shares i.e. 1,425,000 Equity Shares on a
proportionate basis. The total number of Equity Shares Allotted in the Net QIB Portion was
1,500,000 Equity Shares, which were allotted to 90 successful applicants. The
category-wise details of the Basis of Allotment are as under
Category |
Fls/Banks |
FII/FPI |
IC |
MFs |
OTH |
Total |
QIB |
360,876 |
477,075 |
124,833 |
248,760 |
288,456 |
1,500,000 |
D. Allotment to Anchor Investors
Our Company and the Selling Shareholders, in consultation with the BRLMs, have
allocated 2,250,000 Equity Shares to 13 Anchor Investors (through 16 Applications) at the
Anchor Investor Offer Price of Rs 460 per Equity Share in accordance with the SEBI ICDR
Regulations. This represents 60.0% of the QIB Portion.
Category |
Fls/Banks |
MFs |
ICs |
|
AIF |
FII/FPI |
Others |
Total |
Anchor I |
- |
913,072 |
347,808 |
- |
413,024 |
576,096 |
- |
2,250,000 |
The IPO Committee of our Company on March 31,2017 has taken on
record the Basis of Allotment of Equity Shares approved by the Designated Stock Exchange,
being BSE and has allotted the Equity Shares to successful Bidders. The Allotment
Advice-cum-intimations and/ or notices will be dispatched to the address of the investors
as registered with the depositories. Further, the instructions to the Self Certified
Syndicate Banks/Escrow Collection Bank to the Offer for unblocking/refund of funds and
transfer of funds to Public Issue Account have been issued on March 31,2017 and payment to
non-Syndicate brokers have been issued on April 3, 2017. In case the same is not received
within ten days, investors may contact the Registrar to the Offer at the address given
below. The Equity Shares Allotted to the successful Applicants have been uploaded on March
31, 2017 for credit into the respective beneficiary accounts subject to validation of the
account details with the depositories concerned. Our Company has filed the Listing
application with NSE and BSE on April 3,2017 and has received listing and trading approval
from NSE and BSE and the trading will commence on April 5, 2017.
All capitalised terms used and not specifically defined herein shall have the same
meaning as ascribed to them in the Prospectus.
CORRIGENDUM - NOTICE TO INVESTORS
In the section 'Capital Structure - Securities Premium Amount', on page
59 of the Prospectus, the amount of
'Securities Premium after the Offer'being Rs. 4,078,741,942, stands modifiedto
Rs. 1,143,958,942.
The Prospectus stands amended to the extent of the modification set forth above.
Capitalised terms, not defined herein shall have the meaning ascribed to them in the
Prospectus.
INVESTORS PLEASE NOTE
The details of the allotment made will be hosted on the website of the Registrar to the
Offer, Karvy Computershare Private Limited at https://karisma.karvy.com
All future correspondence in this regard may kindly be addressed to the Registrar
to the Offer quoting full name of the first/ sole Bidder, Bid cum Application Form number,
Bidder DP ID, Client ID, PAN, date of submission of Bid cum Application Form, address of
the Bidder, number of Equity Shares applied for, the name and address of the Designated
Intermediary where the Bid cum Application Form was submitted by the Bidder and a copy of
the Acknowledgment Slip received from the Designated Intermediary atthe address given
below:
Karvy Computershare Private Limited
Karvy Selenium Tower B, Plot 31-32, Gachibowli
Financial District, Nanakramguda, Hyderabad 500 032
Tel: +91 40 6716 2222; Fax: +91 40 2343 1551
E-mail: einward.ris@karvy.com Investor
Grievance E-mail: shankara.ipo@karvy.com
Website: https://karisma.karvy.com;
Contact Person: M Murali Krishna
SEBI Registration No.: INR000000221
Place: Bengaluru
Date: April 3,2017 |
For SHANKARA BUILDING PRODUCTS LIMITED
On behalf of the Board of Directors
Sd/-
Company Secretary and Compliance Officer |
|