Issue Open | Aug 23, 2011 |
Issue Close | Aug 26, 2011 |
IPO Price | ₹58 |
Face Value | ₹10 |
IPO Size | ₹203.00 Cr |
Listing At | BSE, NSE |
IPO Lot Size | 100 |
SRS LIMITED The Company was incorporated on August 29,2000 as a "Public Limited" Company in the name and style of SRS Commercial Company Limited at New Delhi under Registration Number 55-107484 of 2000-01 and obtained the Certificate for Comrrancement of Business on Octoter16,2000. The name of the Company was changed to SRS Entertainmen Limited, pursuant to a fresh certificate of incorporation dated January 25,2005. Further, the name of the Company was changed to SRS Entertainment and Multitrade Limited, pursuant to a fresh certificate of incorporation dated December 15,2008. Again, the name of the Company was changed to SRS Entertainment & Retail Limited, pursuant to a fresh certificate of incorporation dated January 2,2009. Subsequently, the name of the Company was changed to SRS Limited, pursuant to a fresh certificate of incorporation dated July 16,2009. The Corporate Identification Number of the Company is U74999HR2000PLC040183. Registered Office: "SRS Multiplex", Top Floor, City Centre, Sector-12,
Faridabad, Haryana -121007, India. Ph.: 91129 428 2801 -808, Fax: 91129 428 2809
/10 For changes in the Registered Office, please refer section titled "History and Certain Corporate Matters" on Page 122 of the Prospectus. PROMOTERS OF THE COMPANY: Dr. Anil Jindal, Mr. Sunil Jindai, Mr. Bithan Bansal, Mr. Raju Bansal, BTL Industries Limited & BTL Portfolio Limited BASIS OF ALLOTMENT PUBLIC ISSUE OF 35,000,000 EQUITY SHARES OF Rs 10/- EACH (THE "EQUITY SHARES") FOR CASH AT A PRICE OF Rs 58/- PER EQUITY SHARE (INCLUDING A PREMIUM OF Rs 48/- PER SHARE) OF SRS LIMITED ('THE COMPANY" OR "THE ISSUER") AGGREGATING Rs 2030 MILLIONS (THE "ISSUE") AT THE ISSUE PRICE. THE ISSUE CONSTITUTES 25.13% OF THE POST ISSUE SHARE CAPITAL OF THE COMPANY. BID/ISSUE OPENED ON AUGUST 23,2011 AND BID/ISSUE CLOSED ON AUGUST 26,2011 ISSUE PRICE: RS. 58/- PER EQUITY SHARES FOR ALL CATEGORIES THE ISSUE PRICE IS 5.8 TIMES OF THE FACE VALUE OF EQUITY SHARES The Issue was made through a 100% Book Building Process wherein not more than 50% of the Issue was available for allocation on a proportionate basis to Qualified Institutional Buyers ("QIBs"). 5% of the QIB 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, including Mutual Funds, subject to valid Bids being received at or above the Issue Price. Further, not less than 15% of the Issue was available for allocation on a proportionate basis to Non-Institutional Bidders and not less than 35% of the Issue was available for allocation on a proportionate basis to Retail Individual Bidders, subject to valid Bids being received at or above the Issue Price. The Issue received 5,112 applications for 42,856,800 Equity Shares resulting in 1.224 times subscription. The details of the applications (including ASB Aapplications) received in the issue from Qualified Institutional Bidders, Non-Institutional and Retail Individual Investors are detailed hereunder- (Before Technical Rejections)
Final Demand
The Basis of Allotment was finalized in consultation with the Designated Stock Exchange, being The Bombay Stock Exchange Limited ("BSE") on September 13, 2011. The Board of Directors of the Company at Its Meeting held on September 13,2011 allotted the Equity Shares to the successful applicants. Details of valid applications received and allotments done are as under: A. Allocation to Retail Individual Investors (After Technical Rejections) Including ASBA Applications. The Basis of Allocation to the Retail Individual Investors, who have bid at cut off and / or the Issue Price of Rs. 58/- per Equity Share, was finalized in consultation with BSE. The category was subscribed 0.28 times. As per the Prospectus, the unsubscribed portion of Retail Category is spilt over to Non Institutional Investor Category (8,804,700 Equity Shares). The total number of shares allotted in this category is 3,445,300 Equity Shares to 4,772 successful applicants. The category-wise details of the Basis of Allocation are as under.
B. Allocation to Non Institutional Investors (After Technical Rejections)
C. Allocation to QIBs
Refunds will be made through ECS, DirectCredit and NEFT, into the Bank Accounts of the applicants, as registered with the depositories. For other applicants Refund Order is being dispatched to their address as registered with the depositories. In case the same is not received within ten working days, Investors may contact at the address given below. The -Refund Orders have been over-printed with the Bank Accounts details as registered, if any, with the depositories. 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 has filed listing applications with BSE and NSE and trading in equity shares of the Company is expected to commence on September 16,2011. INVESTORS PLEASE NOTE This details of the allocation made would be hosted on the website of Registrars to
the Issue, Beetal Flnancial & Computer Services (P) Limited at www.beetalfinancial.com. REGISTRAR TO THE ISSUE
|
The SRS IPO basis of allotment (published above) tells you how shares are allocated to you in SRS IPO and category wise demand of IPO share.
Visit the SRS IPO allotment status page to check the number of shares allocated to your application.
Useful Articles
Best of
Top Stock Brokers in India Top 10 Discount Brokers Top 10 Full-Service Brokers Lifetime Free Demat Account Best Broker for Beginners More Reports...Reviews (Discount Broker)
Zerodha (₹20/trade) Edelweiss (₹10/trade) Upstox (₹20/trade) 5paisa (₹20/trade) ProStocks (₹899 Unlimited) More Brokers...Reviews (Full-service)
ICICI Direct Motilal Oswal HDFC Sec Sharekhan IIFL Securities More Brokers...Compare Brokers
Broker Articles / Tutorials Compare Share Brokers Side-by-Side Comparison Broker Complaints Monitor Broker Glossary Special OffersTrading Platform Reviews
Zerodha Kite Review Sharekhan TradeTiger Omnesys NEST Review ODIN Review NSE NOW Review More Reviews...Options Basics
Options Trading HomepageBroker Reviews
Zerodha Review 5paisa Review ProStocks Review Sharekhan Review Angel Broking Review ICICI DirectOptions Trading Platform
Kite Zerodha Trade Tiger Sharekhan Omnisys NEST Upstox RKSV Fyers One Fyers ScalperT FinvasiaBest of
NRI HomepageNRI Trading Guide
Trading Account Basics Trading Requirements Demat Account Explained USA NRI Trading Account Trading in Derivatives More Articles...History of Chittorgarh
History of Chittorgarh Maharana Pratap Meera Bai Panna Dhai Rani Padmini Jainism & Chittor (Hindi)Chittorgarh City Info
Chittorgarh City Map Hotels / Resorts Sainik School Chittorgarh Cement Industry Hindustan Zinc