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December 13, 2017 - December 15, 2017

SMVD Ploy Pack IPO Basis of Allotment

SMVD
SMVD POLY PACK LIMITED

Our Company was originally incorporated on January 28, 2010, in the name and style of' SMVD Poly Pack Private Limited' under the provisions of the Companies Act, 1956 with the Deputy Registrar of Companies, West Bengal. Subsequently, our Company was converted into a public company pursuant to special resolution passed by the members of theCompahy at the Extra Ordinary General Meeting of our Company held on July 31, 2017 and the name of our Company was changed to 'SMVD Poly Pack Limited' and a Fresh Certificate of Incorporation consequent upon conversion to public limited Company dated August 22, 2017 was issued by the Registrar of Companies, Kolkata, bearing Corporate identity Number U25200WB2010PLC141483.

Registered Office: 71, BRB., Basu Road, Block - A, Room No. 513, Kolkata, West Bengal - 700001; Email: cs@smvdpolypack.com; Website: www.smvdpolypack.com;
Company Secretary and Compliance Officer: Mr. Prateek Agarwal; Tel. No.: 033-22350460

PROMOTERS OF THE COMPANY:

MR. PRAMOD KUMAR AGARWAL, MS. SANGITA AGARWAL AND AASHAKIRAN COMMODEAL PRIVATE LIMITED

SMVD POLY PACK LIMITED - SME IPO

INITIAL PUBLIC ISSUE OF 16,40,000 EQUITY SHARES OF FACE VALUE OF Rs. 10.00 EACH (THE ' EQUITY SHARES') OF SMVD POLY PACK LIMITED ('SMVD' OR THE 'COMPANY') FOR CASH AT A PRICE OF Rs. 55.00 PER SHARE (THE 'ISSUE PRICE'), AGGREGATING TO Rs. 902.00 LAKHS (THE 'ISSUE'), OF WHICH, 84,000 EQUITY SHARES OF Rs. 10.00 EACH WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER TO THE ISSUE ('MARKET MAKER RESERVATION PORTION'). THE ISSUE LESS THE MARKET MAKER RESERVATION PORTION i.e. ISSUE OF 15,56,000 EQUITY SHARES OF Rs. 10.00 EACH IS HEREINAFTER REFERRED TO AS THE 'NET ISSUE'. THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 33.03% AND 31.34%, RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF THE COMPANY.

In terms of Prospectus dated December 06, 2017 and as per Regulation 43 (4) of SEBI (ICDR) Regulations, 2009 wherein (a) minimum of 50% of the Net Offer to Public shall be initially made available to Retail Individual Investors and (b) The balance net offer of shares to the public shall be made available for allotment to the (i) individual applicants other than retail individual investors and (ii) other investors including corporate bodies or institutions, irrespective of number of specified securities applied for. (c) The unsubscribed portion of the net issue to any one of the categories specified in (a) or (b) shall/may be made available for allocation to applicants in the other category, if so required. Explanation: For the purpose of Regulation 43 (4) of SEBI (ICDR) 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. 10.00 EACH AND THE ISSUE PRICE IS RS. 55.00 EACH INCLUDING A SHARE PREMIUM OF RS. 45.00 PER EQUITY SHARE. THE ISSUE PRICE IS 5.5 TIMES OF THE FACE VALUE ISSUE OPENED ON WEDNESDAY, DECEMBER 13,2017 AND CLOSED ON FRIDAY, DECEMBER 15,2017.

The Equity Shares offered through the Prospectus are proposed to be listed on Emerge Platform of National Stock Exchange of India Limited ('NSE'). In terms of the Chapter XB of the SEBI (ICDR) Regulations, 2009, as amended from time to time, our Company has received In-Principle Approval Letter dated November 28, 2017 from NSE for using its name in the offer document for listing our shares on the Emerge Platform of NSE. For the purpose of this Issue, the designated Stock Exchange will be the NSE.

SUBSCRIPTION DETAILS

Details of Applications:

The Issue has received 9,949 applications (before Technical Rejections) for 2,40,20,000 Equity Shares (Including Market Maker Application of 84,000 Equity Shares) resulting 14.65 times subscription. The details of the applications received in the Issue (before technical rejections) are as follows:

Sr No.

Category Number of
Applications Received
Number of Equity
Shares applied for
Subscription ratio
(times)
1. Retail Individual Applicants 9859 19718000 25.34
2. Other than Retail Individual Investors 89 4218000 5.42
3. Market Maker 1 84000 1
Total 9949 24020000 Overall 14.65

Total 133 applications received in Retail Individual Investors Category and other than Retail Individual Investors Category for 2,64,000 and 10,000 Shares respectively, were rejected on technical grounds. Further, there was no withdrawal of application in any of the category.

ALLOCATION: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - National Stock Exchange of India Limited on December 20, 2017.

A. Allocation to Market Maker (After Technical Rejections & Withdrawal): The Basis of Allotment to the Market Maker, at the issue price of Rs. 55.00 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 84,000 Equity shares infull, out of reserved portion of 84,000 Equity Shares.

B. Allocation to Retail Individual Investors (After Technical Rejections & Withdrawal, if any): The Basis of Allotment to the Retail Individual Investors,at the issue price of Rs. 55.00 per Equity Share, was finalized in consultation with NSE. The category was subscribed by 15.20 times. Total number of shares allotted in this category is 1280000 Equity Share as under;

No.of
shares Applied
for (Category
wise)
No. of
Applications
received
% to
Total
Total
No. of
Equity
Shares
applied
% to
Total
Proportionate
Shares
Available
Allocation
per
Applicant
(Before
Rounding
Off)
Allocation
per
Applicant
(After
Rounding
Off)
Ratio of
Allottees
to the
Applicants
No. of
Successful
Applicants
(After
Rounding off)
% to
Total
Total No. of
Equity Shares
Allocated/
allotted
% to
Total
Surplus/
(Deficit)
2000 9727 100 19454000 100 1280000 131.59 2000 640:9727 640 100 1280000 100 0
Total 9727 100 19454000 100 1280000 640 100 1280000 100 0

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. 55/- per Equity Share, was finalized in consultation with NSE. The category was subscribed by 15.25 times. Total number of shares allotted in this category is 2,76,000 Equity Shares. The category wise basis of allotment is as under:

No.of
shares Applied
for (Category
wise)
No. of
Applications
received
% to
Total
Total
No. of
Shares
applied in
each category
% to
Total
Proportionate
Shares
Available
Allocation per Applicant Ratio of
Allottees to
Applicants
Number of
Successful
Applicants
(After
Rounding off)
% to
Total
Total No.
of Shares
Allocated/
allotted
% to
Total
Surplus/
(Deficit)
Before
Rounding
Off
After
Rounding
Off
4000 24 27.27 96,000 2.28 6,297 262.36 2,000 3 24 3 6.12 6,000 2.17 297
6000 7 7.95 42,000 1.00 2,755 393.54 2,000 1 7 1 2.04 2,000 0.72 755
8000 1 1.14 8,000 0.19 525 524.71 0 0 1 0 0.00 - 0.00 525
10000 4 4.55 40,000 0.95 2,624 655.89 2,000 1 4 1 2.04 2,000 0.72 624
12000 3 3.41 36,000 0.86 2,361 787.07 2,000 1 3 1 2.04 2,000 0.72 361
14000 3 3.41 42,000 1.00 2,755 918.25 2,000 1 3 1 2.04 2,000 0.72 755
16000 2 2.27 32,000 0.76 2,099 1049.43 2,000 1 2 1 2.04 2,000 0.72 99
18000 6 6.82 108,000 2.57 7,084 1180.61 2,000 1 6 4 8.16 8,000 2.90 -916
20000 3 3.41 60,000 1.43 3,935 1311.79 2,000 2 3 2 4.08 4,000 1.45 -65
22000 1 1.14 22,000 0.52 1,443 1442.97 2,000 1 1 1 2.04 2,000 0.72 -557
24000 1 1.14 24,000 0.57 1,574 1574.14 2,000 1 1 1 2.04 2,000 0.72 -426
28000 1 1.14 28,000 0.67 1,837 1836.50 2,000 1 1 1 2.04 2.000 0.72 -163
36000 3 3.41 108,000 2.57 7,084 2361.22 2,000 1 1 3 6.12 6,000 2.17 1084
38000 1 1.14 38,000 0.90 2,492 2492.40 2,000 1 1 1 2.04 2,000 0.72 492
46000 4 4.55 184,000 4.37 12,068 3017.11 2,000 1 1 4 8.16 8,000 2.90 4068
46000 2,000 2 4 0 0.00 4,000 1.45 -4000
54000 1 1.14 54,000 1.28 3,542 3541.83 4,000 1 1 1 2.04 4,000 1.45 -458
60000 1 1.14 60,000 1.43 3,935 3935.36 4,000 1 1 1 2.04 4,000 1.45 -65
72000 2 2.27 144,000 3.42 9,445 4722.43 4,000 1 1 2 4.08 8,000 2.90 1445
72000 2,000 1 2 0 0.00 2,000 0.72 -2000
80000 2 2.27 160,000 3.80 10,494 5247.15 4,000 1 1 2 4.08 8,000 2.90 2494
80000 2,000 1 2 0 0.00 2,000 0.72 -2000
92000 1 1.14 92,000 2.19 6,034 6034.22 6,0001 1 1 1 2.04 6,000 2.17 34
100000 3 3.41 300,000 7.13 19,677 6558.94 6,000 1 1 3 6.12 18,000 6.52 1677
100000 2,000 1 3 0 0.00 2,000 0.72 -2000
126000 1 1.14 126,000 2.99 8,264 8264.26 8,000 1 1 1 2.04 8,000 2.90 264
140000 1 1.14 140,000 3.33 9,183 9182.51 10,000 1 1 1 2.04 10,000 3.62 -817
160000 1 1.14 160,000 3.80 10,494 10494.30 10,000 1 1 1 2.04 10,000 3.62 494
180000 3 3.41 540,000 12.83 35,418 11806.08 12,000 1 1 3 6.12 36,000 13.04 -582
182000 7 7.95 1,274,000 30.28 83,561 11937.26 12,000 1 1 7 14.29 84,000 30.43 -439
290000 1 1.14 290,000 6.89 19,021 19020.91 20,000 1 1 1 2.04 20,000 7.25 -979
88 100.00 4,208,000 100.00 276,000 49 100.00 276000 100.00 0

Note: Additional Lot of 2000 Shares is given in applied shares category of 46,000, 72,000,  80,000 & 1,00,000 Equity Shares after proportionate allocation

The Board of Directors of the Company at its meeting held on December 20, 2017 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange relational Stock Exchange of India Limited 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. Further, the instructions to Self Certified Syndicate Banks will be processed on or before December 22, 2017. 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 National Stock Exchange of India Limited within Six working days from the date of the closure of the Issue. The trading is proposed to be commenced on or before Monday, December 26, 2017 subject to receipt of final listing and trading approvals from the National Stock Exchange of India Limited.

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:

SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
Address: D-153 A, 1st Floor, Okhla Industrial Area, Phase-I, New Delhi -110020
Tel No: +91-11-26812682, 64732681-88,  Fax No.+91-11-26812683
Website: www.skylinerta.com, Email id.: virenr@skylinerta.com
Contact Person: Mr. Virender Rana
CIN:U74899DL1995PTC071324
SEBI Regn.No.: INR000003241

Place: New Delhi
Date: December 21, 2017
On behalf of the Board of Directors
For SMVD Poly Pack Limited
Sd/-
Pramod Kumar Agarwal
Managing Director
DIN: 00324999

SMVD Ploy Pack IPO Basis of Allotment FAQs

Check the basis of allotment document above to know about how the shares are allocated in SMVD Ploy Pack IPO. Note that there is a separate rule for allotment in each investor category (i.e. Retail, Non-Institutional, Institutional, Employee).

The SMVD Ploy Pack IPO basis of allotment (published above) tells you how shares are allocated to you in SMVD Ploy Pack IPO and category wise demand of IPO share.

Visit the SMVD Ploy Pack IPO allotment status page to check the number of shares allocated to your application.

Check the basis of allotment document above to know about how the shares are allocated in SMVD Ploy Pack IPO. Note that there is a separate rule for allotment in each investor category (i.e. Retail, Non-Institutional, Institutional, Employee).