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SUREVIN BPO SERVICES LIMITED Our Company was incorporated on June 18, 2007 as Surevin BPO Services Private Limited under the provisions of the Companies Act, 1956 with Certificate of Incorporation issued by the Registrar of Companies Madhya Pradesh and Chattisgarh on June 18, 2007 with Registration Number 019623. Subsequently, our Company was converted into a public limited company pursuant to special resolution passed at the Extra Ordinary General Meeting of our Company held on September 02, 2016 and the name of our Company was changed to Surevin BPO Services Limited and a Fresh Certificate of Incorporation dated September 23, 2016 was issued by the Registrar of Companies, Gwalior, Madhya Pradesh now bearing CIN U74999MP2007PLC019623. For details of changes in name and registered office of our Company, please refer to the section titled 'History and Certain Corporate matters' beginning on page 89 of the Prospectus. Registered Office: 40, Mandakini Housing Society,
Behind Reliance Fresh, Kolar Road, Bhopal: 462036, Madhya Pradesh, India. Tel.: +91
0755-4278897 PROMOTERS OF THE COMPANY: MR. ABHISHEK GUPTA AND MRS. SONIKA GUPTA BASIS OF ALLOTMENT PUBLIC ISSUE OF 9,12,000 EQUITY SHARES OF A FACE VALUE OF RS 10 EACH (THE 'EQUITY SHARES') OF SUREVIN BPO SERVICES LIMITED ('SBSL' OR THE 'COMPANY') FOR CASH AT A PRICE OF RS 40.00 PER SHARE (THE 'ISSUE PRICE'), AGGREGATING TO RS 364.80 LAKHS ('THE ISSUE'), OF WHICH, 48,000 EQUITY SHARES OF RS 10 EACH WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKERS TO THE ISSUE (AS DEFINED IN THE SECTION 'DEFINITIONS AND ABBREVIATIONS') (THE 'MARKET MAKER RESERVATION PORTION'). THE ISSUE LESS THE MARKET MAKER RESERVATION PORTION I.E. ISSUE OF 8,64,000 EQUITY SHARES OF RS 40.00 EACH IS HEREINAFTER REFERRED TO AS THE 'NET ISSUE' AGGREGATING UP TO RS 345.60 LAKHS (THE 'ISSUE'). THE ISSUE AND THE NET ISSUE CONSTITUTE 26.93% AND 25.51%, RESPECTIVELY OF THE POST ISSUE PAID-UP EQUITY SHARE CAPITAL OF THE COMPANY. THIS ISSUE IS BEING IN TERMS OF CHAPTER XB OF THE SEBI (ICDR) REGULATIONS, 2009 (AS AMENDED FROM TIME TO TIME). FOR FURTHER DETAILS PLEASE REFER TO 'SECTION TITLED ' ISSUE INFORMATION' BEGINNING ON PAGE 170 OF THE PROSPECTUS. ISSUE PRICE: RS 40 PER EQUITY SHARE OF FACE VALUE OF RS 10 EACH. i) The Merchant Banker associated with the Issue has handled 31 public issues in the
past three years, out of which 4 issues closed below the issue price on listing date. The weighted average return on networth for Fiscals 2015, 2016 and 2017 based on Restated Financial Statements is 43.51%. BID/ISSUE PROGRAMME: The Equity Shares Issued through the Red Herring Prospectus are proposed to be listed on the SME Platform of NSE. In terms of the Chapter XB of the SEBI (ICDR) Regulations, 2009, as amended from time to time, our Company has received an approval letter dated November 29, 2016 from NSE for using its name in the Offer Document for listing of our shares on the SME Platform of NSE. For the purpose of this Issue, the designated Stock Exchange will be the emerge platform of National Stock Exchange of India Limited ('NSE EMERGE'). The trading is proposed to be commenced with effect from Wednesday, August 09, 2017.* *Subject to receipt of listing and trading approvals from the National Stock Exchange of India Limited. In terms of SEBI Circular No. CIR/CFD/POLICYCELL/11/2015, All potential investors may participate in the Issue through an Application Supported by Blocked Amount ('ASBA') process providing details about the bank account which will be blocked by the Self Certified Syndicate Banks ('SCSBs') for the same. SUBSCRIPTION DETAILS The Issue has received 4,85,94,000 Equity Shares for 9,12,000 Equity Shares resulting in 53.28 times subscription (including reserved portion of Market Maker). The details of the applications received in the Issue (before technical rejections) are as follows: Details of the Applications Received (Before Technical Rejection):
The details of applications rejected by the Registrar on technical qrounds are detailed below (Technical rejection):
After eliminatinq technically rejected applications, the following tables qive us Cateqory wise net valid applications:
Allocation: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - National Stock Exchange of India Limited on August 07, 2017. A. Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the issue price of Rs 40 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 48,000 Equity Shares. The Cateqory-wise details of the Basis of Allotment are as under:
B. Allocation to Retail Individual Investors (After Technical Rejections): The Basis of Allotment to the Retail Individual Investors, at the issue price of Rs 40 per Equity Share, was finalized in consultation with NSE. The category was subscribed by 35.22 times. The total number of shares allotted in this category is 4,32,000 Equity Shares to 144 successful applicants. The Cateqory-wise details of the Basis of Allotment are as under:
C. Allocation to Other than Retail Individual Investors (After Technical Rejections): The Basis of Allotment to the Non Institutional Investors, at the issue price of Rs 40 per Equity Share, was finalized in consultation with NSE. The category was subscribed 76.06 times. The total number of shares allotted in this category is 4,32,000 Equity Shares to 92 successful applicants. The Category-wise details of the Basis of Allotment are as under:
The Board of Directors of the Company at its meeting held on August 07, 2017 has taken
on record the Basis of Allocation of Equity Shares approved by the Designated Stock
Exchange viz. National Stock Exchange of India Limited and has authorized the corporate
action for the transfer of the Equity Shares to various successful applicants. The CAN and
allotment advice and/or notices will be dispatched to the address of the Applicants as
registered with the depositories on or before August 08, 2017. Further, the instructions
to Self Certified Syndicate Banks for unblocking the amount are being processed on or
about to August 07, 2017. In case the same is not received within four working days,
investors may contact Registrar 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 NSE Emerge Platform within six
working days from the date of the closure of the Issue. INVESTORS PLEASE NOTE The details of the allotment made would also be hosted on the website of the Registrar to the Issue, SHAREX DYNAMIC (INDIA) PRIVATE LIMITED at www.sharexindia. 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: SHAREX DYNAMIC (INDIA)PRIVATE LIMITED
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The IPO allocation is based on the subscription level and the investor category.
Refer to IPO allotment rules and methods for more details.
See the basis of allotment document above to know how the shares are allocated in Surevin IPO .
The Surevin IPO basis of allotment (published above) tells you how shares are allocated to you in Surevin IPO and category wise demand of IPO share.
Visit the Surevin IPO allotment status page to check the number of shares allocated to your application.
In Surevin IPO allotment process, the registrar separates valid and invalid applications. The invalid applications with technical errors are rejected and only valid applications at or above the cut-off price are considered for allotment.
For more information, please refer to IPO Allotment Process and Basis of Allotment.
Check the Surevin IPO basis of allotment document to know how the shares are allocated in Surevin IPO.
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