Issue Open | Jan 27, 2010 |
Issue Close | Jan 29, 2010 |
IPO Price | ₹75 |
Face Value | ₹10 |
IPO Size | ₹56.25 Cr |
Listing At | BSE, NSE |
IPO Lot Size | 90 |
SYNCOM
HEALTHCARE LIMITED
(The Company was originally incorporated as Syncom Healthcare
Limited on July 29, 2002 by Registrar of Companies, Maharashtra. Mumbai vide
CIN:L51397MH2002PLC136652. The Certificate for Commencement of business was granted on
August 2, 2002) BASIS OF ALLOTMENT PUBLIC ISSUE OF 75,00,000 EQUITY SHARES OF Rs.10 EACH FOR CASH AT A PRICE OF Rs.75 PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF Rs.65 PER EQUITY SHARE) AGGREGATING Rs.5625.00 LACS (HEREINAFTER REFERRED TO AS THE "ISSUE") BY SYNCOM HEALTHCARE LIMITED ("THE COMPANY" OR "ISSUER" OR "SHL"). THE ISSUE WILL CONSTITUTE 42.86 % OF THE FULLY DILUTED POST ISSUE PAID UP CAPITAL OF THE COMPANY. ISSUE PRICE:RS.75 PER EQUITY SHARE OF FACE VALUE RS.10 EACH THE ISSUE PRICE IS 7.5 TIMES OF THE FACE VALUE The Issue was made through the 100% Book Building Process wherein upto 50% of the Issue to Ihe public shall be allocated on a proportionate basis lo Qualified Institutional Buyers, out of which 5% of the QIB Portion shall be available for allocation on a proportionate basis to Mutual Funds only, and the remainder of the QIB Portion shall be available for allocation on a proportionate basis to all Qualifed Institutional Buyers, including Mutual Funds, subject to valid Bids being received at or above Issue Price. Further, at least 15% of the Issue to the public shall be available for allocation on a proportionate basis to Non -Institutional Bidders and at least 35% of the Issue lo the public shall be 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 17,859 applications for 3,64,71,240 equity shares resulting in 4.8628 times subscription. The details of the applications received in the Issue from Qualified Institutional Buyers, Non-Institutional, Retail Individual Investor and Employee categories are as under: (Before technical rejections)
Final Demand
The Basis of Allocation was finalized in consultation with the Designated Stock Exchange, being the Bombay Stock Exchange Limited ("BSE") on February 5,2010. A. Allocation to Retail Individual Investors (After Tachnical Rejections)
B. Allocation to Non Institutional investors(AfterTechnical Rejections)
C. Allocation to QIB
The Board of Directors of the company at its Meeting held at Indore on February 6,2010
has approved the basis of allocation of shares of the Issue and has allotted the shares to
various successful applicants. INVESTORS PLEASE NOTE Link Intime India Private Limited C-13, Pannalal Silk Mills Compound, LBS Marg, Bhandup (West), Mumbai 400078. Tel:+91-22-25960320, Fax:+91-22-25960329 E-mail: shl.ipo@linkintime.co.in Website: www.linkintime.co.in Contact Person: Mr. Chetan shinde.
THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER JTHEMARKETPRICEOFTHEEQUITYSHAREONLISTINGORTHEBUSINESSPROSPECTS OF SYNCOM HEALTHCARE LIMITED. |
The Syncom Healthcare IPO basis of allotment (published above) tells you how shares are allocated to you in Syncom Healthcare IPO and category wise demand of IPO share.
Visit the Syncom Healthcare IPO allotment status page to check the number of shares allocated to your application.
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