|
Sharda Cropchem Limited
Our Company was Incorporated as Sharda Worldwide Exports Private Limited on March
12,2004, at Mumbai. as a private limited company under the Companies Act. 1956. as amended
(the 'Companies Act 1956'). Our Company changed its name to Sharda
Cropchem Private Limited on September 18, 2013. Thereafter, our Company was converted into
a public limited company on September 18,2013 and consequently, the name of our Company
was changed to Sharda Cropcnem Limited. For details of changes in the name of our Company,
see 'History and Certain Corporate Matters' an page 139 of the Prospectus.
Registered and Corporate Office: Domnic Holm, 29th Road, Bandra
(West), Mumbai 400 050;
Tel: (91 22) 6678 2800; Fax: (91 22) 6678 2828
Contact Person: Jetkin N Gudhka, Company Secretary and Compliance
Officer
Email:co.sec@shardaintl.com ; Website:
www.shardacropchem.com
PROMOTERS OF OUR COMPANY: RAMPRAKASH V.BUBNA,
SHARDA R.BUBNA, ASHISH R.BUBNA AND MANISH R.BUBNA
BASIS OF ALLOTMENT
The Equity Shares are proposed to be listed on the BSE Limited
('BSE') and the National Slack Exchange of India Limiled ('NSE') and the
trading will commence on or about September 23, 2014.
PUBLIC OFFER OF 22,555,124 EQUITY SHARES OF FACE VALUE OF RS. 10 EACH (THE
'EQUITY S HARES') OF SHARDA CROPCHEM LIMITED (THE COM PANY') FOR CASH AT A
PRICE OF RS.156 PER EQUITY SHARE THROUGH AN OFFER FOR SALE BY THE SELLING SHAREHOLDERS (AS
DEFINED IN THE SECTION 'DEFINITIONS AND ABBREVIATIONS') OF THE PROSPECTUS
AGGREGATING UP TO RS.3,518.60 MILLION (THE 'OFFER'). THE OFFER WILL CONSTITUTE
25% OF THE POST-OFFER PAID-UP EQUITY SHARE CAPITAL OF OUR COMPANY FOR DETAILS OF THE
EQUITY SHARES OFFERED BY EACH SELLING SHAREHOLDER, SEE 'DEFINITIONS AND ABBREVIATIONS
- OFFER RELATED TERMS' ON PAGE 2 OF THE PROSPECTUS.
BID/OFFER OPENED 0N FRIDAY SEPTEMBER 5, 2014 AND CLOSED ON TUESDAY
SEPTEMBER 9, 2014*.
* Anchor Investor Bid/offers was one Working Day prior to the Bid/Offer Opening Date.
THE FACE VALUE OF THE EQUITY SHARES IS RS 10 EACH. THE OFFER
PRICE IS RS.156 PER EQUITY SHARE AND IS 15.6 TIMES THE FACE VALUE OF THE EQUITY SHARE.
ANCHOR INVESTOR OFFER PRICE IS RS.156 PER EQUITY SHARE
The Offer was made in accordance with Rule 19(2)(b)(i) of the Securities Contracts
(Regulation) Rutes, 1957, as amended ('SCRR') this is an Offer for at least 25%
of the post- offer capital. The Offer-is being made through the Book Building Process
wherein 50% of the offer shall be available for Allocation on a proportionate basis to
Qualified Institutional Buyers ('QIBs'), provided that our Company and the
Selling Shareholders may allocate up to 30% of the QIB Category to Anchor Investors on a
discretionary basis. 5% of the QIB Category (excluding the Anchor Investor Portion) shall
be available for allocation on a proportionate basis to Mutual Funds only, and the
remainder of the QIB Calegory shall be 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
shall be available for allocation on a proportionate basis to Non intitutional Investors
and not less than 35% of the offer shall be available for allocation to Retail Individual
Investors in accordance with the SEBI Regulations, subject to valid Bids being received at
or above the Offer Price. All potential investors, other than Anchor Investors, may
participate in this Offer through an Application Supported by Blocked Amount
('ASBA') process providing details of their respective bank accounts which will
be blocked by SCSBs. QIBs (except Anchor Investors) and Non-Institutional Investors are
mandatorily required to utilise the ASBA process to participate in this Offer Kindly note
that Allotment, amongst other conditions mentioned in the Prospectus, shall be undertaken
upon receipt of Bids equivalent to at least 25% of the offer (including Bids received
under the Anchor Investor Portion) from Mutual Funds and/or Insurance Companies. For
details, see 'offer Procedure' on page 414 of the Prospectus. The Company and
the Selling Shareholders, in consultation with the BRLMs. have Allotted 3,383,101}of
Equity Shares of the QIB Category to Anchor investors at offer Price of Rs.156 per Equity
Share on a discretionary basis in accordance with the SEBI Regulations.
The Offer received 314 ,450 applications for 1,155,101,310 Equity Shares (before
technical rejections) resulting in 51.21 times subscription. The details of the
applications received In the offer from various categories are as under:
|
Category (before technical rejections) |
No. of
Applications |
No. of
Equity Shares |
No. of
Times Subscribed |
| A |
Retail Individual Investors |
313,982 |
45,643,500 |
5.73 |
| B |
Non-Institutional Bidders |
328 |
850,967,370 |
251.52 |
| C |
Qualified Institutional Bidders (excluding Anchor Investors) |
122 |
252,079,740 |
31.93 |
| D |
Anchor Investors |
18 |
6,410,700 |
1.89 |
|
Total |
314,450 |
1,155,101,310 |
51.21 |
Final Demand
A summary of the final demand as per the BSE and the NSE as on the Bid/Offer Closing
Date at different Bid prices is as under:
| Bid Price |
No. of
Equity Shares |
% to
total |
Cumulative
Total |
Cumulative %
to Total |
| 145 |
1,149,656,580 |
59.97 |
1,149,656.590 |
831 |
| 146 |
1,149,601,770 |
59.96 |
2,299,258,350 |
16.61 |
| 147 |
1,149,595,020 |
59.96 |
3,448,853,370 |
24.92 |
| 148 |
1,149.587,460 |
59.96 |
4,593,440,830 |
33.23 |
| 149 |
1,149,574,590 |
59.96 |
5,743,015,420 |
41.54 |
| 150 |
1,149,572,256 |
59.96 |
6,897,597,670 |
49.84 |
| 151 |
1,149,544,800 |
59.96 |
9,047,132,470 |
58.15 |
| 152 |
1,149,539,850 |
59.96 |
9,193,672,320 |
66.46 |
| 153 |
1,149,536,016 |
59.96 |
10,346,203,930 |
74.76 |
| 154 |
1,149,533,280 |
59.96 |
11,495,742210 |
83.07 |
| 155 |
1,149,529,860 |
59.96 |
12,645,272,070 |
91.33 |
| 156 |
1,149,521,580 |
59.96 |
13,794,793,650 |
99.68 |
| CutOFF |
43,821,816 |
2.29 |
13,838,615,460 |
100.00 |
The Basis of Alotment was finalized in consultation with the
Designated Stock Exchange, being NSE on September 17,2014. A. Allocation lo Retail
Individual Investors (After Technical Rejections) (including ASBA
Applications)
The Basis of Allotment to the Retail Individual Investors, who have Bid at Cut-off
Price or at or above the Offer Price of Rs 156 per Equity Share was finalized in
consultation with NSE. The category has been susbscribed to the extent of 5.68 times. The
total number of Equily Shares Allotted in this category is 7.894.294 Equily Shares
to 87.714 sucessful applicants. The category- wise details of the Basis of Allotment are
as under;
| Category No. of Equity Shares Applied for) |
No. of Applns. |
% to
total |
Total No-of Equity Shares
applied |
% to total |
No. of Equity Shares Allotted per applicant |
Ratio |
Total No. of Equity Shares All otted |
| 90 |
274,115 |
88.78 |
24,670,350 |
55.06 |
90 |
277:975 |
7,008,840 |
| 180 |
9,661 |
3.13 |
1,738,980 |
3.88 |
90 |
25:88 |
247,050 |
| 270 |
4,944 |
1.60 |
1,334,880 |
2.98 |
90 |
25:88 |
126,450 |
| 360 |
2,707 |
0.88 |
974,520 |
2.18 |
90 |
25:88 |
69,210 |
| 450 |
2,093 |
0.68 |
941,850 |
2.10 |
90 |
25:88 |
53,550 |
| 540 |
1,049 |
0.34 |
566,460 |
1.26 |
90 |
25:88 |
26,820 |
| 630 |
3,764 |
1.22 |
2,371,320 |
5.29 |
90 |
25:88 |
96,210 |
| 720 |
615 |
0.20 |
442,800 |
0.99 |
90 |
25:88 |
15,750 |
| 810 |
250 |
0.08 |
202.500 |
0.45 |
90 |
25:88 |
6,390 |
| 900 |
831 |
0.27 |
747,900 |
1.67 |
90 |
25:88 |
21,240 |
| 990 |
354 |
0.11 |
350,460 |
0.78 |
90 |
25:88 |
9,090 |
| 1080 |
254 |
0.08 |
274,320 |
0.61 |
90 |
25:88 |
6,480 |
| 1170 |
265 |
0.09 |
310,050 |
0.69 |
90 |
25:88 |
6,750 |
| 1260 |
7,840 |
2.54 |
9,878,400 |
22.05 |
90 |
25:88 |
200,430 |
|
|
|
|
|
1^ |
17:4919 |
34 |
| TOTAL |
308,742 |
100.00 |
44.804,790 |
100.00 |
|
|
7,894,294 |
^ 1 additional Share shall be allotted to 34
Allottees frorn amongst 9838 successful Applicants frorn the categories
180-1260(I.e.excptig Successful applicants for category 90) in the ratio of 17:4919.
B. Allocation to Non Institutional Investors (After Technical Rejections)
The Basis of Allotment to the Non-institutional Investors, who have Bid at or above the
Offer Price of Rs 156 per Equity Share, was. finalized on a proportionate basis, in
consultation with NSE. This category has been subscribed to the extent of 251.48 times.
The total number of Equity Shares Allotted in this category is 3,383,269 Equity Shares to
265 successful applicants. The category -wise details of the Basisof
Allotment are as under:
| Category (No.of Equity
Shares Applied for) |
No, of Applns. |
% to total |
Total No.of Equity Snares
applied |
%to
total |
No of Equity Shares
Allotted per applicant |
Ratio |
Total No. of Equity
Shares Allotted |
| 1350 |
21 |
6.48 |
28,350 |
0.00 |
90 |
1:21 |
90 |
| 1440 |
5 |
1.54 |
7,200 |
0.00 |
90 |
1:5 |
90 |
| 1530 |
1 |
0.31 |
1,530 |
0.00 |
90 |
1:1 |
90 |
| 1620 |
4 |
1.23 |
6,480 |
0.00 |
90 |
1:4 |
90 |
| 1710 |
1 |
0.31 |
1,710 |
0.00 |
90 |
1:1 |
90 |
| 1800 |
5 |
1.54 |
9,000 |
0.00 |
90 |
1:5 |
90 |
| 1890 |
2 |
0.62 |
3,780 |
0.00 |
90 |
1:2 |
90 |
| 1980 |
3 |
0.93 |
5,940 |
0.00 |
90 |
1:3 |
90 |
| 2070 |
1 |
0.31 |
2,070 |
0.00 |
90 |
1:1 |
90 |
| 2250 |
2 |
0.62 |
4,500 |
0.00 |
90 |
1:2 |
90 |
| 2520 |
1 |
0.31 |
2,520 |
0.00 |
90 |
1:1 |
90 |
| 2700 |
5 |
1.54 |
13,500 |
0.00 |
90 |
1:5 |
90 |
| 2970 |
1 |
0.31 |
2,970 |
0.00 |
90 |
1:1 |
90 |
| 3150 |
8 |
2.47 |
25,200 |
0.00 |
90 |
1:8 |
90 |
| 3240 |
2 |
0 62 |
6,480 |
0.00 |
90 |
1:2 |
90 |
| 3330 |
1 |
0.31 |
3,330 |
0.00 |
90 |
1:1 |
90 |
| 3600 |
4 |
1.23 |
14,400 |
0.00 |
90 |
1:4 |
90 |
| 4050 |
1 |
0.31 |
4,050 |
0.00 |
90 |
1:1 |
90 |
| 4860 |
1 |
0.31 |
4,860 |
0.00 |
90 |
1:1 |
90 |
| 4950 |
3 |
0 93 |
14,850 |
0.00 |
90 |
1:3 |
90 |
| 5400 |
1 |
0.31 |
5,400 |
0.00 |
90 |
1:1 |
90 |
| 6390 |
8 |
2.47 |
51,120 |
0.01 |
90 |
1:4 |
180 |
| 7650 |
2 |
0.62 |
15,300 |
0.00 |
90 |
1:2 |
90 |
| 8010 |
1 |
0.31 |
8,010 |
0.00 |
90 |
1:1 |
90 |
| 8100 |
1 |
0.31 |
8,100 |
0.00 |
90 |
1:1 |
90 |
| 8820 |
1 |
0.31 |
8,820 |
0.00 |
90 |
1:1 |
90 |
| 9000 |
1 |
0.31 |
9,000 |
0.00 |
90 |
1:1 |
90 |
| 9540 |
1 |
0.31 |
9,540 |
0.00 |
90 |
1:1 |
90 |
| 9630 |
1 |
0.31 |
9,630 |
0.00 |
90 |
1:1 |
90 |
| 9990 |
1 |
0.31 |
9,990 |
0.00 |
90 |
1:1 |
90 |
| 10080 |
1 |
0.31 |
10,080 |
0.00 |
90 |
1:1 |
90 |
| 12150 |
1 |
0.31 |
12,150 |
0.00 |
90 |
1:1 |
90 |
| 12780 |
1 |
0.31 |
12,780 |
0.00 |
90 |
1:1 |
90 |
| 12870 |
1 |
0.31 |
12,870 |
0.00 |
90 |
1:1 |
90 |
| 13500 |
1 |
0.31 |
13,500 |
0.00 |
90 |
1:1 |
90 |
| 14040 |
1 |
0.31 |
14,040 |
0.00 |
90 |
1:1 |
90 |
| 16020 |
1 |
0.31 |
16,020 |
0.00 |
90 |
1:1 |
90 |
| 18000 |
1 |
0.31 |
18,000 |
0.00 |
90 |
1:1 |
90 |
| 19800 |
1 |
0.31 |
19,800 |
0.00 |
90 |
1:1 |
90 |
| 20700 |
1 |
0.31 |
20,700 |
0.00 |
90 |
1:1 |
90 |
| 21780 |
1 |
0.31 |
21,780 |
0.00 |
90 |
1:1 |
90 |
| 25200 |
1 |
0.31 |
25,200 |
0.00 |
100 |
1:1 |
100 |
| 25560 |
1 |
0.31 |
25,560 |
0.00 |
102 |
1:1 |
102 |
| 27000 |
1 |
0.31 |
27,000 |
0.00 |
107 |
1:1 |
107 |
| 28800 |
1 |
0.31 |
28,800 |
0.00 |
115 |
1:1 |
115 |
| 32040 |
2 |
0.62 |
64,080 |
0.01 |
127 |
1:1 |
254 |
| 32130 |
2 |
0.62 |
64,260 |
0.01 |
128 |
1:1 |
256 |
| 39330 |
1 |
0.31 |
39,330 |
0.00 |
156 |
1:1 |
156 |
| 41580 |
1 |
0.31 |
41,580 |
0.00 |
165 |
1:1 |
165 |
| 44820 |
1 |
0.31 |
44,820 |
0.01 |
178 |
1:1 |
178 |
| 45180 |
1 |
0.31 |
45,180 |
0.01 |
180 |
1:1 |
180 |
| 56250 |
1 |
0.31 |
56,250 |
0.01 |
224 |
1:1 |
224 |
| 57690 |
1 |
0.31 |
57,690 |
0.01 |
229 |
1:1 |
229 |
| 61830 |
1 |
0.31 |
61,830 |
0.01 |
246 |
1:1 |
246 |
| 62820 |
1 |
0.31 |
62,820 |
0.01 |
250 |
1:1 |
250 |
| 63000 |
1 |
0.31 |
63,000 |
0.01 |
251 |
1:1 |
251 |
| 63900 |
3 |
0.93 |
191,700 |
0.02 |
254 |
1:1 |
762 |
| 64080 |
6 |
1.85 |
384,480 |
0.05 |
255 |
1:1 |
1,530 |
| 64170 |
4 |
1.23 |
256,680 |
0.03 |
255 |
1:1 |
1,020 |
| 73710 |
1 |
0.31 |
73,710 |
0.01 |
293 |
1:1 |
293 |
| 83070 |
1 |
0.31 |
83,070 |
0.01 |
330 |
1:1 |
330 |
| 96120 |
1 |
0.31 |
96,120 |
0.01 |
382 |
1:1 |
382 |
| Category (No.of Equity
Shares Applied for) |
No, of Applns. |
% to total |
Total No.of Equity Snares
applied |
%to
total |
No of Equity Shares
Allotted per applicant |
Ratio |
Total No. of Equity
Shares Allotted |
| 99990 |
2 |
0.62 |
199,980 |
0.02 |
393 |
1:1 |
796 |
| 102510 |
1 |
0.31 |
102,510 |
0.01 |
408 |
1:1 |
408 |
| 127800 |
1 |
0.31 |
127,800 |
0.02 |
508 |
1:1 |
508 |
| 128160 |
1 |
0.31 |
128,160 |
0.02 |
510 |
1:1 |
510 |
| 128250 |
1 |
0.31 |
128,250 |
0.02 |
510 |
1:1 |
510 |
| 131400 |
1 |
0.31 |
131,400 |
0.02 |
523 |
1:1 |
523 |
| 134100 |
1 |
0.31 |
134,100 |
0.02 |
533 |
1:1 |
533 |
| 144180 |
1 |
0.31 |
144,180 |
0.02 |
373 |
1:1 |
573 |
| 160200 |
1 |
0.31 |
160,200 |
0.02 |
637 |
1:1 |
637 |
| 166590 |
1 |
0.31 |
166,590 |
0.02 |
662 |
1:1 |
662 |
| 179460 |
1 |
0.31 |
179,460 |
0.02 |
714 |
1:1 |
714 |
| 180000 |
1 |
0.31 |
180,000 |
0.02 |
716 |
1:1 |
716 |
| 192240 |
1 |
0.31 |
192,246 |
0.02 |
764 |
1:1 |
764 |
| 200070 |
1 |
0.31 |
200,070 |
0.02 |
795 |
1:1 |
796 |
| 212400 |
2 |
0.62 |
424,800 |
0.05 |
845 |
1:1 |
1,690 |
| 224370 |
1 |
0.31 |
224,370 |
0.03 |
892 |
1:1 |
892 |
| 256410 |
1 |
0.31 |
256,410 |
0.03 |
1020 |
1:1 |
1,020 |
| 270000 |
1 |
0.31 |
270,033 |
0.03 |
1074 |
1:1 |
1,374 |
| 320400 |
2 |
0.62 |
640,800 |
0.08 |
1274 |
1:1 |
2,343 |
| 320490 |
7 |
2.16 |
2,243,430 |
0.26 |
1274 |
1:1 |
3,913 |
| 320580 |
2 |
0.62 |
641,160 |
0.08 |
1275 |
1:1 |
2,550 |
| 324000 |
2 |
0.62 |
648,000 |
0.08 |
1288 |
1:1 |
2,576 |
| 341460 |
1 |
0.31 |
341,460 |
0.04 |
1358 |
1:1 |
1,358 |
| 352620 |
1 |
0.31 |
352,620 |
0.04 |
1402 |
1:1 |
1,402 |
| 362250 |
1 |
0.31 |
362,250 |
0.04 |
1440 |
1:1 |
1,440 |
| 384570 |
1 |
0.31 |
384,570 |
0.05 |
1529 |
1:1 |
1,329 |
| 448200 |
1 |
0.31 |
449,200 |
0.05 |
1782 |
1:1 |
1,76? |
| 448740 |
1 |
0.31 |
449,740 |
0.05 |
1784 |
1:1 |
1,784 |
| 512550 |
1 |
0.31 |
512,550 |
0.05 |
2038 |
1:1 |
2,038 |
| 512910 |
1 |
0.31 |
512,916 |
0.06 |
2040 |
1:1 |
2,040 |
| 609030 |
1 |
0.31 |
609,033 |
0.07 |
2422 |
1:1 |
2,422 |
| 640980 |
8 |
2.47 |
5,127,840 |
0.60 |
2549 |
1:1 |
20,392 |
| 641070 |
1 |
0.31 |
641,070 |
0.08 |
2549 |
1:1 |
2,549 |
| 722700 |
1 |
0.31 |
722,700 |
0.08 |
2874 |
1:1 |
2,874 |
| 769230 |
1 |
0.31 |
769,233 |
0.09 |
3059 |
1:1 |
3,059 |
| 878400 |
1 |
0.31 |
373,433 |
0.10 |
3493 |
1:1 |
3,493 |
| 897390 |
1 |
0.31 |
697,390 |
0.11 |
3568 |
1:1 |
3,568 |
| 961470 |
1 |
0.31 |
961,470 |
0.11 |
3823 |
1:1 |
3,823 |
| 961560 |
1 |
0.31 |
961,560 |
0.11 |
3524 |
1:1 |
3,824 |
| 963000 |
1 |
0.31 |
963,000 |
0.11 |
3629 |
1:1 |
3,329 |
| 980100 |
1 |
0.31 |
980,100 |
0.12 |
3897 |
1:1 |
3,897 |
| 999990 |
1 |
0.31 |
999,990 |
0.12 |
3976 |
1:1 |
3,976 |
| 1000170 |
1 |
0.31 |
1,000,170 |
0.12 |
3977 |
1:1 |
3,977 |
| 1099980 |
1 |
0.31 |
1,099,980 |
0.13 |
4374 |
1:1 |
4,374 |
| 1282050 |
1 |
0.31 |
1,282,050 |
0.15 |
5098 |
1:1 |
5,098 |
| 1299960 |
3 |
0.93 |
3,899,880 |
0.46 |
5169 |
1:1 |
15,507 |
| 1346130 |
1 |
0.31 |
1,346,130 |
0.16 |
5353 |
1:1 |
5,353 |
| 1440000 |
2 |
0.02 |
2,880,000 |
0.34 |
5726 |
1:1 |
11,452 |
| 1444950 |
1 |
0.31 |
1,444,956 |
0.17 |
5746 |
1:1 |
5,476 |
| 1602540 |
3 |
0.93 |
4,907,620 |
0.57 |
6372 |
1:1 |
19,116 |
| 1602630 |
3 |
0.33 |
4,907,890 |
0.57 |
6373 |
1:1 |
19,119 |
| 1618740 |
1 |
0.31 |
1,613,740 |
0.19 |
5437 |
1:1 |
6,437 |
| 1620000 |
1 |
0.31 |
1,620,000 |
0.19 |
6442 |
1:1 |
6,442 |
| 1666620 |
1 |
0.31 |
:1,66,620 |
0.20 |
6627 |
1:1 |
6,627 |
| 1794870 |
1 |
0.31 |
1,794,870 |
0.21 |
7137 |
1:1 |
7,137 |
| 1921500 |
1 |
0.31 |
1,921,500 |
0.23 |
7641 |
1:1 |
7,641 |
| 1923030 |
3 |
0.93 |
5,769,090 |
0.68 |
7647 |
1:1 |
22,941 |
| 1955070 |
1 |
0.31 |
1,955,070 |
0.23 |
7774 |
1:1 |
7,774 |
| 2007000 |
1 |
0.31 |
2,007,000 |
0.24 |
7961 |
1:1 |
7,981 |
| 2250000 |
1 |
0.31 |
2,250,000 |
0.26 |
8947 |
1:1 |
8,947 |
| 2884590 |
1 |
0.31 |
2,884,590 |
0.34 |
11470 |
1:1 |
11,470 |
| 3012840 |
1 |
0.31 |
3,012,840 |
0.35 |
11980 |
1:1 |
11,980 |
| 3205080 |
7 |
2.16 |
22,435,560 |
2.64 |
12745 |
1:1 |
89,215 |
| 3205170 |
1 |
0.31 |
3.205,170 |
0.38 |
12745 |
1:1 |
12,745 |
| 3237300 |
2 |
0.62 |
6.474,600 |
0.76 |
12373 |
1:1 |
25,746 |
| 3263940 |
1 |
0.31 |
3,263,340 |
0.38 |
12979 |
1:1 |
12,979 |
| 3266730 |
1 |
0.31 |
3,266,730 |
0.38 |
12990 |
1:1 |
12,990 |
| 3383190 |
1 |
0.31 |
3,383,190 |
0.40 |
13453 |
1:1 |
13,453 |
| 3753000 |
3 |
0.93 |
11,259,000 |
1.32 |
14924 |
1:1 |
44,772 |
| 3883500 |
13 |
4.01 |
50,485,500 |
5.93 |
15443 |
1:1 |
200,759 |
| 4935870 |
1 |
0.31 |
4.935,870 |
0.58 |
19627 |
1:1 |
19627 |
| 5000040 |
1 |
0.31 |
5,000,040 |
0.59 |
19882 |
1:1 |
19,882 |
| 5199930 |
1 |
0.31 |
5,199,930 |
0.61 |
20677 |
1:1 |
20,677 |
| 5220000 |
1 |
0.31 |
5,220,000 |
0.61 |
20757 |
1:1 |
20,757 |
| 5448600 |
1 |
0.31 |
5,448,600 |
0.64 |
21660 |
1:1 |
21,666 |
| 6403140 |
3 |
0.93 |
19,209,420 |
2.26 |
25462 |
1:1 |
76,386 |
| 6410250 |
8 |
2.47 |
51,282,000 |
6.03 |
25490 |
1:1 |
203,320 |
| 6410340 |
2 |
0.62 |
12,826,686 |
1.51 |
25490 |
1:1 |
50,980 |
| 6474600 |
1 |
0.31 |
6,474,600 |
0.76 |
25746 |
1:1 |
25,746 |
| 6474960 |
1 |
0.31 |
6,474,360 |
0.76 |
25747 |
1:1 |
25,747 |
| 6475050 |
1 |
0.31 |
6,475,050 |
0.76 |
25748 |
1:1 |
25,748 |
| 6480000 |
1 |
0.31 |
6,430,000 |
0.76 |
25767 |
1:1 |
25,767 |
| 6529950 |
5 |
1.54 |
32,649,750 |
3.84 |
25966 |
1:1 |
129,830 |
| 7051230 |
1 |
0.31 |
7,051,230 |
0.83 |
28039 |
1:1 |
28,039 |
| 7110000 |
1 |
0.31 |
7,110,300 |
0.84 |
28273 |
1:1 |
28,273 |
| 7371720 |
4 |
1.23 |
29,486,880 |
3.47 |
29313 |
1:1 |
117,252 |
| 8012790 |
1 |
0.31 |
8,012,790 |
0.94 |
31862 |
1:1 |
31,862 |
| 8093700 |
1 |
0.31 |
8,093,700 |
0.95 |
32184 |
1:1 |
32,184 |
| 8269200 |
1 |
0.31 |
8,269,200 |
0.97 |
32882 |
1:1 |
32,882 |
| 8333280 |
3 |
0.93 |
24,999,340 |
2.94 |
33137 |
1:1 |
99,411 |
| 8653770 |
2 |
0.62 |
17,307,546 |
2.03 |
34411 |
1:1 |
68,822 |
| 9615330 |
4 |
1.23 |
36,461,320 |
4.52 |
38235 |
1:1 |
152,940 |
| 9615420 |
3 |
0.93 |
28,346,260 |
3.39 |
38235 |
1:1 |
114,705 |
| 9699840 |
1 |
0.31 |
9,699,840 |
1.14 |
38571 |
1:1 |
38,571 |
| 9712440 |
2 |
0.62 |
19,424,880 |
2.28 |
386221 |
1:1 |
77,242 |
| 9717930 |
2 |
0.62 |
19,435,860 |
2.28 |
38643 |
1:1 |
77,286 |
| 10000080 |
1 |
0.31 |
10,000,080 |
1.18 |
39765 |
1:1 |
39,765 |
| 11217960 |
2 |
0.62 |
22,435,920 |
2.64 |
44603 |
1:1 |
69,216 |
| 12628170 |
1 |
0.31 |
12,628,170 |
1.48 |
50215 |
1:1 |
50,215 |
| 12820500 |
2 |
0.62 |
25,641,000 |
3.01 |
50980 |
1:1 |
101,960 |
| 12899970 |
1 |
0.31 |
12,899,970 |
1.52 |
51296 |
1:1 |
51,296 |
| 14399910 |
2 |
0.62 |
26,799,620 |
3.38 |
57260 |
1:1 |
114,520 |
| 14799960 |
3 |
0.93 |
44,399,880 |
5.22 |
58851 |
1:1 |
176,553 |
| 16199910 |
2 |
0.62 |
32,399,820 |
3.81 |
64418 |
1:1 |
123,636 |
| 16538400 |
1 |
0.31 |
16,538,400 |
1.94 |
65764 |
1:1 |
65,764 |
| 16986240 |
1 |
0.31 |
16,986,240 |
2.00 |
67545 |
1:1 |
67,545 |
| 17243550 |
1 |
0.31 |
17,243,550 |
2.03 |
67953 |
1:1 |
67,953 |
| 17308080 |
1 |
0.31 |
17,308,080 |
2.03 |
68207 |
1:1 |
68,207 |
| 19171980 |
1 |
0.31 |
19,171,980 |
2.25 |
75552 |
1:1 |
75,552 |
| TOTAL |
324 |
100.00 |
850,827,330 |
100.00 |
|
|
3,383,269 |
C. Allocation to QIBs (excluding Anchor Investors)
The Basis of Allotment to QIBs who have Bid at or above the offer Price of Rs.156 per
Equity Share has been done on a proportionate basis, in consultation with NSE. This
calegory has-been subscribed to the extent of 31.93 times. As per the SEBI Regulations,
Mutual Funds were Allocated 5% of the equity shares available i.e.394,724 Equity Shares
and other QIBs and unsatisfied demand of Mutual Funds, were Allocated the remaining;
available Equity Shares i.e. 7,499,737 Equily Shares to 121 applicants. The category-wise
details of the basis of Allotment are as under
| Category |
FIIs |
FIs/ Banks |
MFs |
ICs |
Others |
Total |
| QIB |
3640261 |
1436539 |
2075693 |
703729 |
38239 |
7894461 |
88 Bids of 84,266,370 equity shares Frorn Mutual Funds and Insurance
Companies (including Bids received under the Anchor Investor Portion) have been received
in the Offer, this is more than 25% of the offer i.e. 22,555,124* 25% i.e. 5,638,731
Equrtry Stares. Hence the requirement as mentioned in the Prospectus that 'Allotment
of Equity Shares pursuant to the Offer will be undertaken only upon receipt of Bids
equivalent to at least 25% of the offer (including Bids received under the Anchor investor
Portion) from Mutual Funds and/ or insurance Companies' is complied with.
D. Allocation to Anchor Investors
The Company and the Selling Shareholders in consultation with the BRLMs have Allotted
3,383,100 Equity Shares (as against 3,383,268 being 30% of the QIB Category) to 18 Anchor
Investors at the Offer Price of Rs.156 per Equity Shares in accordance with the SEBI
Regulations. The balance in the category i. e. 3,393,268 - 3,383,100 i.e. 168 equity
shares were available for allocation in the Net QIB category.
The IPO Committee of the Company at its meeting held on September 17,2014, has also
approved the Basis of Allotment of the Equity Shares and Allotted the Equity Shares to
various successful applicants.
The Allotment Advice-cum-Refund Orders & CAN-curn-Refund Orders and/ or notices
have been dispatched on September 19,2014 to the address of the investors as registered
with the depositories. Further, Instructions to the Self Certified Syndicate Banks have
been dispatched/mailed on September 16,2014. In case the same is not received within ten
days, investors may contact the Registrar to the Offer at the address given below. The
Refund Orders have been over-printed with the Bank Account details as registered, if any,
with the depositories. The Equity Shares Allotted to the successful applicants have been
credited on September 13,2014 to their beneficiary accounts subject to validation of the
account details with the depositories concerned. Our Company is taking steps for
completion of the necessary formalities to get the Equity Shares admitted for trading on
the BSE and the NSE within twelve working Days from the Bid/Offer Closing Date.
Note: All capitalized terms used and not defined herein shall have the respective
meanings assigned to them in the Prospectus dated September 13,2014 filed wilh the
Registrar of Companies. Maharashtra at Murnbai.
INVESTORS PLEASE NOTE
These details of allotment made shall be hosted on the website of registrar
to the offer, Karvy Computershare Private Limited at http://karisma.karvy.com
Future correspondence in this regard may kindly be addressed to the Registrar to the offer
quoting full name of the First/Sole Bidder, serial number of the Bid-cum-Application Form,
number of Equity Shares Bid for, name of the member of the Syndicate or the Registered
Broker and place where the Bid was submitted and payment details at the address given
below:
Karvy Computershare Private Limited
Plot no. 17 to24, Vithal Rao Nagar, Madhapur, Hyderabad 500 081, India
Tel: + 91 (40) 4465 5000; Fax: + 91 (40) 2343 1551;
E-mail: sharda.ipo@karvy.com Website: http://karisma.karvy.com
Contact Person: M. Murali Krishna, SEBI Registration No.: INR000000221
Place : Mumbai
Date : 19 September 19,2014 |
For Sharda Cropchem Limited
Sd/-
Chairman and Managing Director |
|
Zerodha (Trading & Demat Account)
RHP
