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Our Company was originally constituted as a Private Limited Company having CIN U24114RJ2005PTC021340 in the name and styles of "M/s. Shankar Lai Rampal Dye-Chem Private Limited" vide an Incorporation Certificate as on September 19, 2005. Subsequently, it was converted into a public limited company pursuant to special resolution passed at its Extra-ordinary General Meeting of our company held on April 23, 2018 and the name of our company was changed to "Shankar Lai Rampal Dye-Chem Limited" vide a fresh Certificate of Incorporation consequent upon conversion dated May 08, 2018 issued by Registrar of Companies, Jaipur. The Corporate Identification Number of Our Company is 1124114RJ2005PLC021340. For further details of Incorporation. Change of Name of our company, please refer to chapter titled 'General Information' and "Our History and Certain Other Corporate Matters" beginning on page 45 and page 101 of the Prospectus.
CIN: U24114RJ2005PTC021340; Registered Office: SG-2730, Suwana, Bhilwara-311001, Rajasthan, India, Tel No: 01482-220062, Contact Person: Ms. Aditi Babel, Company Secretary & Compliance Officer |
Email ID: info@srdyechem.com, Website: www.srdyechem.com |
Promoters of our company: 1) Mr. Rampal Inani, 2) Mr. Jagdish Chandra Inani, 3) Mr. Dinesh Chandra Inani, 4) Mr. Vinod Kumar Inani and 5) Mr. Susheel Kumar Inani |
BASIS OF ALLOTMENT |
INITIAL PUBLIC ISSUE OF 16,20,000 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH ("EQUITY SHARES") OF M/s. SHANKAR LAL RAMPAL DYE-CHEM LIMITED (THE "COMPANY" OR THE "ISSUER") FOR CASH PRICE OF RS. 45/- PER EQUITY SHARE. INCLUDING A SHARE PREMIUM OF RS. 35/- PER EQUITY SHARE (THE "ISSUE PRICE"), AGGREGATING TO RS. 729.00 LAKHS ("THE ISSUE"), OF WHICH 81,000 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH FOR CASH PRICE OF RS. 45/- PER EQUITY SHARE, AGGREGATING TO RS. 36.45 LAKHS WILL BE RESERVED FOR SUBSCRIPTIONS BY THE MARKET MAKER TO THE ISSUE (THE "MARKET MAKER RESERVATION PORTION"). THE ISSUE LESS MARKET MAKER RESERVATION PORTION I.E., ISSUE OF 15,39,000 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH, FOR CASH PRICE OF RS. 45/- PER EQUITY SHARE. AGGREGATING TO RS. 692.55 LAKHS IS HERE IN AFTER REFERRED TO AS THE "NET ISSUE". THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 27.01% AND 25.66% RESPECTIVELY OF THE POST ISSUE PAIDUP EQUITY SHARE CAPITAL OF THE COMPANY.
THIS ISSUE IS BEING MADE IN TERMS OF CHAPTER XB OF THE SEBI (ICDR) REGULATIONS, 2009 AS AMENDED FROM TIME TO TIME. THIS ISSUE IS A FIXED PRICE ISSUE AND ALLOCATION IN THE NET ISSUE TO THE PUBLIC WILL BE MADE IN TERMS OF REGULATION 43(4) OF THE SEBI (ICDR) REGULATIONS, 2009, AS AMENDED
THE FACE VALUE OF THE EQUITY SHARES IS Rs. 10/- EACH AND THE ISSUE PRICE IS Rs. 45/- EACH. THE ISSUE PRICE IS 4.5 TIMES OF THE FACE VALUE.
ISSUE PROGRAMME: ISSUE OPENED ON DECEMBER 12, 2018 AND CLOSED ON DECEMBER 14, 2018, PROPOSED LISTING: DECEMBER 24, 2018*.
The Equity Shares offered through Prospectus are proposed to be listed on the SME Platform of BSE ("BSE"). Our Company has received in-principal approval letter dated 31st October, 2018 from BSE for using its name in this offer document for listing of our shares on the SME Platform of BSE For the purpose of this Issue, the Designated Stock Exchange will be the BSE Limited ("BSE"). The trading is proposed to be commenced on or about 24th December. 2018*.
* Subject to receipt of listing and trading approvals from the BSE SME Platform.
SUBSCRIPTION DETAILS
The Issue received 2004000 shares for 226 applications and was subscribed to the extent of 1.237 times before technical rejection. After considering Technical Rejections cases, the Issue was subscribed 1.203 times. No applications were banked without bidding.
Detail of the Applications Received (Before Technical & Multiple Rejection):
Sr. No. | Category | Gross | Less: Rejections | Valid | |||
No. of Applications | Equity Shares | No. of Applications | Equity Shares | No. of Applications | Equity Shares | ||
1 | Reserved for Market Maker | 1 | 81000 | - | - | 1 | 81000 |
2 | Non Retail Investors | 25 | 1323000 | 1 | 48000 | 24 | 1275000 |
3 | Retail Individual Investors | 200 | 600000 | 2 | 6000 | 198 | 594000 |
Total | 226 | 2004000 | 3 | 54000 | 223 | 1950000 |
Allocation: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange-BSE SME Platform on 19th December, 2018
A. | Allocation to Market Maker (After Technical & Multiple Rejections and Withdrawal): The Basis of Allotment to the Market Maker, at the issue price of Rs. 45/- per Equity Share, was finalised in consultation with BSE SME Platform. The category was subscribed by times. The total number of shares allotted in this category is 81000 Equity shares |
Sr. No | No. of Shares applied for (Category wise) | Number of applications received | % to total | Total No. of Shares applied in each category | % to total | Proportionate shares available | Allocation per Applicant (Before Rounding Off) | Allocation per Applicant (After Rounding Off) | Ration of allottees to applicants | Number of successful applicants (after rounding) | % to total | Total No. of shares allocated/ alloted | % to total | Surplus /Deficit |
1 | 81000 | 1 | 100 | 81000 | 100 | 81000 | 81000 | 81000 | 1:1 | 1 | 100 | 81000 | 100 | 0.00 |
GRAND TOTAL | 1 | 100 | 81000 | 100 | 81000 | 81000 | 81000 | 1 | 100 | 81000 | 100 | 0.00 |
B. | Allocation to Retail Individual Investors (After Technical & Multiple Rejections and Withdrawal): The Basis of Allotment to the Retail Individual Investors, at the issue price of Rs.45 per Equity Share, was finalized m consultation with BSE SME Platform. The category was subscribed by 0.77 times i.e.for 594000 Equity Shares. Total number of shares allotted m this category is 594000 Equity Shares to 198 successful applicants. |
Sr. No | No. of Shares applied for (Category wise) | Number of applications received | % to total | Total No. of Shares applied in each category | % to total | Proportionate shares available | Allocation per Applicant (Before Rounding Off) | Allocation per Applicant (After Rounding Off) | Ration of allottees to applicants | Number of successful applicants (after rounding) | % to total | Total No. of shares allocated/ alloted | % to total | Surplus /Deficit |
1 | 3000 | 198 | 100 | 594000 | 100 | 771000 | 3893 94 | 3003 | 1:1 | 198 | 100 | 594000 | 100 | -177000 |
GRAND TOTAL | 198 | 100 | 594000 | 100 | 771000 | 3893.94 | 3000 | 198 | 100 | 594000 | 100 | -177000 |
C. | Allocation to Other than Retail Individual Investors (After Technical Rejections & Withdrawal): The Basis of Allotment to Other than Retail Individual Investors, at the issue price of Rs. 45 per Equity Share, was finalized in consultation with BSE SME Platform The category was subscribed by 1.34 times i .e. for 1275000 shares. Total number of shares allotted in this category is 945000 Equity Shares to 24 successful applicants. |
The category wise details of the Basis of Allotment are as under:
Sr. No | No. of Shares applied for (Category wise) | Number of applications received | % to total | Total No. of Shares applied in each category | % to total | Proportionate shares available | Allocation per Applicant (Before Rounding Off) | Allocation per Applicant (After Rounding Off) | Ration of allottees to applicants | Number of successful applicants (after rounding) | % to total | Total No. of shares allocated/ alloted | % to total | Surplus /Deficit |
1 | 6000 | 2 | 8.33 | 12000 | 0.94 | 8894.12 | 4447.06 | 3000 | 1:1 | 2 | 8.33 | 6000 | 0.63 | -2894 12 |
3000 | 1:2 | 1 | 4.17 | 3000 | 0.32 | 3000 | ||||||||
2 | 9000 | 1 | 4.16 | 9000 | 0.71 | 6670.59 | 667059 | 6000 | 1:1 | 1 | 4.17 | 6000 | 063 | -67059 |
3 | 12000 | 1 | 416 | 12000 | 094 | 8894.12 | 8894 12 | 9000 | 1:1 | 1 | 4.17 | 9000 | 095 | 105 88 |
4 | 21000 | 2 | 8.33 | 42000 | 3.29 | 31129.41 | 15564 71 | 15000 | 1:1 | 2 | 8.33 | 30000 | 3.17 | -112941 |
5 | 24000 | 2 | 8.33 | 48000 | 3.76 | 35576.47 | 17788 24 | 18000 | 1:1 | 2 | 8.33 | 36000 | 3.81 | 423 53 |
6 | 42000 | 1 | 4.16 | 42000 | 329 | 31129.41 | 31129 41 | 30000 | 1:1 | 1 | 4.17 | 30000 | 3.17 | -112941 |
7 | 45000 | 3 | 12.5 | 135000 | 10 59 | 100058.82 | 33352 94 | 33000 | 1:1 | 3 | 125 | 99000 | 1048 | -1058 82 |
8 | 48000 | 2 | 833 | 96000 | 753 | 71152 94 | 35576 47 | 36000 | 1:1 | 2 | 8.33 | 72000 | 7.62 | 84706 |
9 | 66000 | 1 | 4.16 | 66000 | 518 | 48917.65 | 48917 65 | 48000 | 1:1 | 1 | 4.17 | 48000 | 5.08 | -91765 |
10 | 69000 | 1 | 4.16 | 69000 | 5.41 | 51141.18 | 51141.18 | 51000 | 1:1 | 1 | 4.17 | 51000 | 5.4 | -141.18 |
11 | 72000 | 1 | 416 | 72000 | 5 65 | 53364.71 | 53364 71 | 54000 | 1:1 | 1 | 417 | 54000 | 571 | 635 29 |
12 | 75000 | 1 | 416 | 75000 | 5 88 | 55588.24 | 55588 24 | 57000 | 1:1 | 1 | 4.17 | 57000 | 603 | 1411 76 |
13 | 78000 | 1 | 4.16 | 78000 | 612 | 57811.76 | 57811.76 | 57000 | 1:1 | 1 | 4.17 | 57000 | 6.03 | -81176 |
14 | 93000 | 2 | 8.33 | 186000 | 14.59 | 137858.82 | 68929.41 | 69000 | 1:1 | 2 | 8.33 | 138000 | 14.6 | 141.18 |
15 | 96000 | 1 | 4.16 | 96000 | 753 | 71152 94 | 71152 94 | 72000 | 1:1 | 1 | 4.17 | 72000 | 7.62 | 847 06 |
16 | 108000 | 1 | 416 | 108000 | 847 | 80047.06 | 80047 06 | 81000 | 1:1 | 1 | 4.17 | 81000 | 857 | 952 94 |
17 | 129000 | 1 | 416 | 129000 | 1012 | 95611.76 | 95611 76 | 96000 | 1:1 | 1 | 4.17 | 96000 | 1016 | 388 24 |
GRAND TOTAL | 24 | 100.00 | 1275000 | 100.00 | 945000 | 24 | 100.00 | 945000 | 100.00 | 0 |
The Board of Directors of the company at its meeting held on 19th December, 2018 has approved the Basis of Allocation of Equity shares as approved by the Designated stock Exchange viz. BSE SME Platform and at a meeting held on 19th December, 2018 has authorized the corporate action for the transfer and allotment of the Equity Shares to various successful applicants.
In terms of the Prospectus dated December 5, 2018 and as per the SEBI (ICDR) Regulations, 2009 wherein a minimum of 50% of the net offer of shares to the Public shall initially be made available for allotment to retail individual investors as the case may be The balance net offer of shares to the public shall be made available for allotment to a) individual applicants other than retails investors and b) other investors, including Corporate Bodies / Institutions irrespective of number of shares applied for. The unsubscribed portion of the net offer to any one of the categories specified in (a) or (b) shall/may be made available for allocation in the other category, if so required. "For the purpose of sub-regulation (4) of regulations 43, if the retail individual investor category is entitled to more than fifty per cent on proportionate basis, the retail individual investors shall be allocated that higher percentage".
The CAN-cum-Refund advices and attotment advice and/or notices will be forwarded to the address of the Applicants as registered with the depositones/as filled in the application form on or before 21st December, 2018. Further, the instructions to Self Certified Syndicate Banks for unblocking the amount will be processed on or prior to December 21st, 2018. 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 BSE SME Platform within six working days from the date of the closure of the Issue.
Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectus dated December 5, 2018 ("Prospectus")
INVESTORS PLEASE NOTE The details of the allotment made would also be hosted on the website of the Registrar to the Issuer, Cameo Corporate Services Limited at www.cameomdia.com. All future correspondence in this regard may kmdty 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:
Cameo Corporate Services Limited | |
Subramaman Building, #1, Club House Road, Chennai - 600 002, India | |
Telephone: +9144-40020700, 28460390; Facsimile: +9144-28460129. Email: investor@cameoindia.com | |
Contact Person: Mr. R. D. Ramasamy, Director; Website: www.cameoindia.com | |
SEBI Registration Number: INR000003753 |
For SHANKAR LAL RAMPAL DYE-CHEM LIMITED | |
On behalf of the Board of Directors | |
Place : Kolkata | Sd/- |
Date : December 21, 2018 | Managing Director |
The SR Dye-Chem IPO basis of allotment (published above) tells you how shares are allocated to you in SR Dye-Chem IPO and category wise demand of IPO share.
Visit the SR Dye-Chem IPO allotment status page to check the number of shares allocated to your application.
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