Syngene International IPO Details

Issue Open Jul 27, 2015
Issue Close Jul 29, 2015
IPO Price ₹250
Face Value ₹10
IPO Size ₹550.00 Cr
Listing At BSE, NSE
IPO Lot Size 60

Not for release in United Slates. This is only an advertisement for information purpose. This is not a Prospectus announcement and does not constitute invitation or offer to acquire, purchase or subscribe for securities. Not for publication or distribution directly or indirectly outside India.

SYNGENE INTERNATIONAL LIMITED

Our Company was incorporated as Syngene International Private Limited on November 18, 1993 at Bengluru, Karnataka as a private limited company under the Companies Act, 1956, Pursuant to a special resolution of the Shareholders dated March 26, 2007, our Cunpany was converted into a public limited company and the name of our Company was changed to Syngene International Limited. A fresh certificate of incorporation consequent upon conversion to public limited company was issued on April 19,2007. For details of change in the name and registered office of our Company, see "History and Certain Corporate Matters" on page 136 of the Prospectus dated July -31, 2015 ("Prospectus").

Registered and Corporate Office: Biocon SE,. Biocon Park, Plot No.2 & 3, Bommasandra Industrial Area IV Phase, Jigani Link Road, Bommasandra, Bengaluru 560 099, Karnataka, India. Contact Person: Mayank Verma. Company Secretary and Compliance Officer; Tel: (+91 80) 2808 2808;
Fax: (+91 80) 2808 3189; E-mail: invester@syngeneintl.com. Website: http://www.syngeneintl.com/ Corporate Identification Number: U51909KAl993PLCDl4937

PROMOTER OF OUR COMPANY: BIOCON LIMITED

INITIAL PUBLIC OFFER OF 22,000,000 EQUITY SHARES OF FACE VALUE OF RS10 EACH ("EQUITY SHARES"} OF SYNGENE INTER NATIONAL LIMITED ("COMPANY" OR "ISSUER") FOR CASH AT A PRICE OF RS 250 PER EQUITY SHARE (INCLUDING A-SHARE PREMIUM OF RS 240 PER EQUITY SHARE) ("OFFER PRICE") THROUGH AN OFFER FOR SALE BY BIOCON LIMITED (THE "SELLENG SHAREHOLDER" AND OUR "PROMOTER") ("OFFER I OFFER FOR SALE") AGGREGATING TO RS 5,500 MILLION INCLUDING A RESERVATION OF 2,000,000 EQUITY SHARES FOR SUBSCRIPTION BY BIOCON SHAREHOLDERS FOR CASH AT A PRICE OF RS 250 PER EQUITY SHARE AGGREGATI NG TO RS 500 MILLION (THE "BIOCON SHAREHOLDERS RESERVATION PORTION"). THE OFFER CONSTITUTES 11.0% OF OUR POST-OFFER PAID-UP EOUITY SHARE CAPITAL AND THE NET OFFER CONSTITUTES 10.0% OF OUR POST-OFFER PAID-UP EQUITY  SHARE CAPITAL.

* Anchor Investor Offer Price is rs. 250/- Per Share.

OFFER PRICE:  RS 250 PER EQUITY SHARE OF FACE VALUE OF RS 10 EACH
THE OFFER PRICE IS 25 TIMES THE FACE VALUE
ANCHOR INVESTOR OFFER PRICE: RS 250 PER EQUITY SHARE

BID/OFFER: OPENED ON MONDAY, JULY 27,2015* CLOSED ON WEDNESDAY, JULY 29, 2015

The Anchor Investor Bid / Offer period was one working Day prior to the Bid/Offer Opening Date. i.e. July 24,2015

In terms of Rule 19(2)(b)(iii) of the Securities Contracts (Regulation) Rules, 1957, as amended ("SCRR"), this is a Net Offer for atleast 10% of the post Offer paid-up equity share capital of our Company. The Offer is. being made in accordance with Regulation 26(1) of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended (the "SEBI ICDR Regulations'), through the Book Building Process wherein 50% of the Net Offer shall be allocated on a proportionate basis to Qualified Institutional Buyers- ("QIBs"). provided that our Company and the Selling Shareholder may allocate up to 60% of the QIB Portion to Anchor Investors on a discretionary basis, out of which one-third shall be reserved for domestic Mutual Funds only, subject to valid Bids being received from domestic Mutual Funds at or above the Anchor Investor Offer Price, in accordance with the SEBI ICDR Regulations. 5% of the QIB Portion (excluding the Anchor Investor Portion} shall be available for allocation on a proportionate basis to Mutual Funds only, and the remainder of the QlB Portion shall be availabe for allocation on a proportionate basis to all QIB Bidders (Other than Anchor Investors), including Mutual Funds, subject to valid Bids being received at or above the Offer Price. Further, not less than  15% of the Net Offer shell be available for allocation on a prcporlionate basis to Non-lnstitutional Bidders and not less than 35% of the Net Offer shall be available for allocation to Retail Individual Bidders In accordance with ihe SEBI ICDR Regulations subject to valid Bids, being received at or above the Offer Price. All potential investors, other than Anchor Investors, could participate in this offer through an Application Supported by Blocked Amount ("ASBA') process providing details of their respective bank accounts which were blocked by the Self Cenified Syndicate Banks ("SCSBs"). QIBs (except Anchor Investors), Non-Institutional Bidders and Biocon Shareholders Bidding under the Biocon Shareholders Reservation Portion for a Bid Amount of above Rs. 200,000 were mandatorily required to utilise the ASBA process to participate in this Offer. For details, see "Offer Procedure'on page 267 of the Prospectus.

The Offer received 325,484 Applications for 520,595,620 Equity Shares (before technical rejections after cheque returns) resulting in 23.66 limes subscription. The delarts of the Applications received in the Offer from various categories are as under: (Before technical rejections.)

SI no Category No. of
Applications
No. of
Equity Shares
Shares
Reserved
No. of Times
Subscribed
A Retail Individual Bidders 318,544 33,281,300 7,000,000 4.75
B Shareholder Reservation Category Bidders 6,497 2,671,640 2,000,000 1.34
C Non Institutional Bidders 336 270,482,640 3,000,000 90.16
D Qualified Institutional Bidders
(Excluding Anchors)
91 205,860,420 4,000,000 51.47
E Anchor Investors 16 8,299,620 6,000,000 1.38
Total 325,434 520,595,620 22,000,000 23.66

Final Demand
A summary of the Final demand as per the BSE and The NSE as on the Bid/Offer Closing Date at different Bid prices is as under;

Bid Price No. of Equity Shares % to Total Cumulative Total Cumulative % to Tolal
240 361,860 0.07 361,860 0.07
241 21,120 0.00 382.980 0.07
242 15,540 0.00 398,520 0.08
243 17,160 0 00 415,680 0 08
244 7,560 0.00 423,240 0.08
245 245,040 0.05 668,280 0.13
246 8,940 0.00 677,220 0.13
247 20,940 0.00 698,160 0.14
248 29,940 0.01 728,100 0.14
249 24,240 0.00 752,340 0.15
250 480,014,880 93.46 480,767,220 93.60
CUTOFF 32,349,100 6.40 513,616,320 100.00
TOTAL 513.616,320 100.00

The Basis of Allotment was finalised in consultation with the Designated Stock Exchange, being NSE on August 06,2015.

A. Allotment to Retail Individual Investors (After Technical Rejections) (Including ASBA Applications)

The Basis of Allotment to the Retail Individual Investors, who have Bid at Cut-off Price or at the Offer Price of  Rs 250 per Equity Share was finalized in consultation with NSE. The category has been subscribed to the extant of 4.666371 times. The total number of Equiiy Shares Allotted In this caiegory is 7,000,000 Equity Shanes to 116,666 successful applicants. The category-wise details of the Basis of Allotment are as under:

Category No. of
Application Received
% to
Total
Total No. of
Equity Shares applied
No of  Equity Shares Allotted per applicant % to Total Ratio Total No. of
Equity Shares
Allotted
60 264,634 84.41 15,876,040 48.61 60 307:826 5,908,560
120 15,752 5.02 1,890,240 5.79 60 16:43 351,720
180 6,964 2.22 1,253,520 3.84 60 16:43 155,460
240 4,312 1.38 1,034,880 3.17 60 16:43 96,300
300 2,888 0.92 866,400 2.65 60 16:43 64,500
360 3,761 1.20 1,353,960 4.15 60 16:43 83,940
420 1,964 0.63 824,880 2.53 60 16:43 43,860
480 992 0.32 476,160 1.46 60 16:43 22,140
540 526 0.17 284,040 0.87 60 16:43 11,760
600 1,469 0.47 881,400 2.70 60 16:43 32,820
660 283 0.09 186,780 0.57 60 16:43 6,300
720 718 0.23 516,960 1.58 60 16 :43 16,020
780 9,253 2.95 7,217,340 22.10 60 16:43 206,580
1 4:1819 40
TOTAL 313,516 100.00 32,664,600 100.00 7,000,900

B. Allotment to Non Institutional Investors (After Technical Rejections) (including ASBA Applicnlions)

The Basis of Allotment in the Non-institutional Investors, who have Bid at the Offer Price of  Rs.250 per Equily Share, was finalized in consultation with the NSE, This category has been subscribed to the extent of 90.149000 times. The total number of Equity Shares Allotted in this category is 3,000,000 Equity Shares to 223 successful applicants.

The category-wise details of the Basis of Allotment are as under:

Category No. of
Applications Received
% to
Total
Total No. of Equity Shares applied % to
total
No. of Equity Shares Allotted per applicant Ratio Total No. of Equity Shares Allotted
840 17 5.26 14,280 0.01 60 2 : 17 120
900 6 1.86 5,400 0.00 60 1 : 6 60
960 6 1.86 5,760 0.00 60 1 :6 60
1020 9 2.79 9,180 0.00 60 1 : 9 60
1080 2 0.62 2.160 0.00 60 1 :2 60
1140 1 0.31 1,140 0.00 60 1 :1 60
1200 21 6.50 25,200 0.01 60 4 : 21 240
1260 1 0.31 1,260 0.00 60 1 : 1 60
1380 1 0.31 1,380 0.00 60 1 : 1 60
1440 2 0.62 2,880 0.00 60 1 :2 60
1500 4 1.24 6,000 0.00 60 1 :4 60
1560 4 1.24 6.240 0.00 60 1 : 4 60
1620 4 1.24 6,480 0.00 60 1 : 4 60
1680 1 0.31 1,680 0.00 60 1 : 1 60
1740 1 0.31 1,740 0.00 60 1 :1 60
1800 7 2.17 12,600 0 00 60 2 : 7 120
1920 1 0.31 1.920 0.00 60 1 : 1 60
1980 23 7.12 45,540 0.02 60 8 : 23 480
2040 3 0.93 6,120 0.00 60 1 : 3 60
2100 3 0.93 6,300 0 00 60 1 :3 60
2160 2 0.62 4,320 0.00 60 1 :2 60
2280 1 0.31 2,280 0 00 60 1 : 1 60
Category No. of
Applications Received
% to
Total
Total No. of Equity Shares applied % to
total
No. of Equity Shares Allotted per applicant Ratio Total No. of Equity Shares Allotted
2340 1 0.31 2,340 0.00 60 1:1 60
2400 5 1.55 12,000 0.40 60 2:5 120
2460 2 0.62 4,920 0.00 60 1:2 60
2520 1 0.31 2,520 0.00 60 1:1 60
2700 1 0.31 2,700 0.00 60 1:1 60
3000 5 1.55 15,000 0.41 60 2:5 120
3240 1 0.31 3,240 0.00 60 1:1 60
3300 1 0.31 3.340 0.00 60 1:1 60
3600 2 0.62 7,200 0.06 60 1:2 60
3720 1 4.31 3.720 0.00 60 1:1 60
3900 1 0 31 3,900 0.00 60 1:1 60
3960 9 2.79 35,640 0.01 60 2:3 360
4020 1 0.31 4,020 0.00 60 1 :1 60
4080 2 0.62 8,160 0.00 60 1:2 60
4200 4 1.24 16,800 0.01 60 3:4 180
4320 1 0.31 4,320 0.00 60 1:1 60
4560 1 0.31 4,560 0.00 60 1:1 60
4680 2 0.62 9,360 0.00 60 1:2 60
4920 1 0.31 4,920 0.00 60 1:1 60
5580 1 0.31 5,580 0.00 62 1:1 62
6000 13 4.02 78,000 0.03 67 1:1 871
6060 1 0.31 6,060 0.00 67 1:1 67
6300 1 0.31 6,300 0.00 70 1:1 70
7200 1 0.31 7,200 0.00 80 1:1 60
7800 1 0.31 7,800 0.00 87 1:1 87
7980 3 0.93 23,940 0.01 89 1:1 267
8160 1 0.31 8,160 0.00 91 1:1 91
8460 1 0.31 8,460 0.00 94 1:1 94
8940 1 0.31 8,840 0.00 99 1:1 99
9180 1 0.31 9,180 0.00 102 1:1 102
9960 3 0.93 29,880 0.01 110 1:1 330
10020 3 0.93 30,060 0.01 111 1:1 333
11040 1 0.31 11,040 0.00 122 1:1 122
12000 1 0.31 12,000 0.00 133 1:1 133
12060 1 0.31 12,060 0.00 134 1:1 134
15900 1 0.31 15,900 0.01 176 1:1 176
16020 1 0.31 16,020 0.01 178 1:1 178
16500 1 0.31 16,500 0.91 183 1:1 133
18000 2 0.62 36,000 0.01 200 1:1 400
19800 1 0.31 19,600 0.01 220 1:1 220
19980 2 0.62 39,960 0.01 222 1:1 444
22800 1 0.31 22,800 0.01 253 1:1 253
25200 1 0.31 25,200 0.91 260 1:1 280
26640 1 0 31 26,640 0.01 296 1:1 296
32400 1 0.31 32,400 0.01 359 1:1 359
32760 1 0.31 32,760 0.01 363 1:1 365
33540 1 0.31 33,540 0.01 372 1:1 372
33600 1 0 31 33,600 0.01 373 1:1 373
36000 1 0.31 36,000 0.01 399 1:1 399
37200 1 0.31 37,200 0.01 413 1:1 413
38040 1 0.31 38,040 0.01 422 1:1 422
39000 1 0.31 35,000 0.01 433 1:1 433
39960 2 0.62 79,920 0.03 443 1:1 636
41940 1 0.31 41,940 0.02 465 1:1 465
42000 1 0.31 42,000 0.02 466 1:1 466
54000 1 0.31 54,000 0.02 599 1:1 599
57960 1 0.31 57,960 0.02 643 1:1 643
60000 3 0.93 160,040 0.07 666 1:1 1,998
67800 1 0.31 67,800 0.03 752 1:1 752
78000 2 0.62 156,000 0.06 865 1:1 1,730
79980 3 0.93 239,940 0.09 887 1:1 2,661
90000 1 0.31 90,000 0.03 998 1:1 998
120000 1 0.31 120,000 0.04 1331 1:1 1,331
133560 1 0.31 133,560 0.05 1482 1:1 1,482
156840 1 0.31 156,340 0.06 1740 1:1 1,740
183600 1 0.31 183,600 0.07 2037 1:1 2.037
199980 1 0.31 199,980 0.07 2218 1:1 2,218
200040 1 0.31 200,040 0.07 2219 1:1 2,219
232200 1 0.31 232,200 0.09 2576 1:1 2,576
240000 1 0.31 240,000 0.09 2662 1:1 2,662
252000 1 0.31 252,000 0.09 2795 1:1 2,795
360000 2 0.62 720,000 0.27 3993 1:1 7,986
399960 5 1.55 1,999,800 0.74 4437 1:1 22,185
400020 1 0.31 400,020 0.15 4437 1:1 4,437
480000 1 0.31 480,000 0.18 5325 1:1 5,325
600000 4 1.24 2,400,000 0.89 6656 1:1 26,624
679980 1 0.31 679,980 0.25 7543 1:1 7,543
799740 2 0.52 1,599,480 0.59 8871 1:1 17,742
799980 1 0.93 799,980 0.30 8874 1:1 8,874
948960 1 0.31 948,960 0.35 10527 1:1 10,527
999960 4 1.24 3,999,340 1.48 11092 1:1 44,368
1000020 2 0.62 2,000,040 0.71 11093 1:1 22,186
1200000 1 0.31 1.200,000 0.44 13311 1:1 13,311
1599960 2 0.62 3,199,920 1.18 17746 1:1 35,496
1626000 1 0.31 1,626,000 0.60 18037 1:1 18,037
1699980 1 0.31 1,699,980 0.63 18357 1:1 18,857
1800000 4 1.24 7,200,000 2.66 19967 1:1 79,868
1999980 2 0.62 3,999,960 1.46 22185 1 1 44,370
2000100 1 0.31 2,000,100 0.74 22187 1:1 22,187
2049960 3 0.93 6,149,680 2.27 22740 1:1 66,220
3000000 2 0.62 6,000,000 2.22 33278 1:1 66,556
3199980 1 0.31 3,199,980 1.16 35497 1:1 35,497
3200100 1 0.31 3,200,100 1.15 35498 1:1 35,498
3480040 17 5.26 59,160,000 21.87 38603 1:1 656,251
3504000 2 0.62 7,008,040 2.59 38869 1:1 77,738
3600060 1 0.31 3,640,060 1.33 39935 1:1 39,935
4000020 1 0.31 4,000,020 1.46 44371 1:1 44,371
4049940 4 1.24 16,199,760 5.99 44925 1:1 179,700
5199960 1 0.31 5,199,960 1.92 57682 1:1 57.682
5400000 2 0.62 10,800,000 3.99 59901 1:1 119,802
6000000 2 0.62 12,000,000 4.44 66556 1:1 133,112
6000060 1 0.31 5,000,060 2.22 66557 1:1 66,557
6119880 1 0.31 6,119,880 2.26 67886 1:1 67,886
6180000 1 0.31 6,180,000 2.29 68553 1:1 68,553
6300000 1 0.31 6,300,000 2.33 69384 1:1 69,884
Category No. of
Applications Received
% to
Total
Total No. of Equity Shares applied % to
total
No. of Equity Shares Allotted per applicant Ratio Total No. of Equity Shares Allotted
9384000 2 0.62 16,768,000 6.94 104094 1:1 208,166
9795000 1 0.31 9,795,000 3.62 108653 1:1 108,653
9999960 1 0.31 9,999.S60 3.70 110927 1:1 110,927
14000100 1 0.31 14,000,100 5.18 155207 1:1 155,207
15999900 1 031 15,399,900 5.92 177376 1 :1 177,376
TOTAL 323 100.00 270,447,000 100.00 3,000,000

C. Allotment to Biocon Shareholder Investors (After Technical Rejections) (including ASBA Applications)

The Basis of Allotment to the Biocon Sharahoder Investors, who have Bid at the offer Price of Rs. 250 per Equity Share, was finalized in consultation with the NSE. This category has been subscribed to the extent of 1.283820 times. The total number of Equity Shares Allotted in this, category is 2,000,000 Equity Shares to 5,683 successful applicants.

The category-wise details of ihe Basis of Allotment are as under:

Category No. of
Applications Received
% to
Total
Total No. of Equity Shares applied % to
total
No. of Equity Shares Allotted per applicant Ratio Total No. of Equity Shares Allotted
60 1858 30.50 111,480 4.34 60 32:41 87,000
120 1016 16.58 121,920 4.75 93 1:1 94,488
130 508 8.34 91,440 3.56 140 1:1 71,120
240 343 5.63 82,320 3.21 187 1:1 64,141
300 280 4.60 84,000 3.27 234 1:1 66,520
360 265 4.35 95,404 3.72 280 1:1 74,200
420 146 2.40 61,320 2.39 327 1:1 47,742
880 98 1.61 47,040 1.83 374 1:1 36,652
540 48 0.79 25,920 1.01 421 1:1 20,208
600 156 2.56 33,604 3.65 467 1:1 72,352
660 25 0.41 16,540 0.64 514 1:1 12,854
720 202 3.32 145,440 5.56 561 1:1 113,322
780 1073 17.62 336,940 32.60 606 1:1 652,364
840 2 0.03 1,660 0.07 654 1:1 1,303
900 2 0.03 1,800 0.07 701 1 1 1,402
1020 3 0.05 3,060 0.12 795 1:1 2,386
1080 2 0.03 2,160 0.03 841 1:1 1,662
1200 6 0.10 7,200 0.28 935 1:1 5,610
1260 1 0 02 1,260 0.05 981 1:1 981
1500 1 0.02 1,500 0.06 1168 1:1 1,168
1740 1 0.02 1,740 0.07 1355 1:1 1,355
1800 2 0.03 3,600 0.14 1402 1:1 2,804
1920 1 0.02 1,920 0 07 1496 1:1 1,496
1980 2 0.03 3,060 0.15 1542 1:1 3,084
2100 1 0.02 2,100 0.08 1636 1:1 1,636
2220 1 0.02 2,220 0.09 1729 1:1 1,729
2340 1 0.02 2,340 0.09 1623 1:1 1,823
2400 4 0.07 9,600 0.37 1669 1:1 7,476
2460 1 0.02 2,460 0.10 1916 1:1 1,916
2940 1 0.02 2,940 0.11 2290 1:1 2,290
3000 3 0 05 9,000 0.35 2337 1:1 7,011
3240 1 0 02 3,240 0.13 2524 1:1 2,524
3660 1 0.02 3,660 0.14 2651 1:1 2,851
3960 1 0.02 3,960 0.15 3085 1:1 3,085
4020 7 0.11 26,140 1.10 3131 1:1 21,917
4200 2 0 03 8,400 0.33 3271 1:1 6,542
4380 1 0.02 4,360 0.17 3412 1:1 3,412
4620 1 0.02 4,620 0.16 3599 1:1 3,599
4800 2 0.03 9,600 0.37 3739 1:1 7,478
6000 1 0.02 6,000 0.23 4674 1:1 4,674
8040 1 0.02 3,040 0.31 6263 1:1 6,263
8100 1 0.02 3,100 0.32 6306 1:1 6,309
9960 1 0.02 9,060 0.33 7785 1:1 7,758
10020 1 0.02 10,020 0.39 7605 1:1 7,805
12000 1 0.02 12,000 0.47 9347 1:1 9,347
14040 1 0.02 14,040 0.55 10936 1:1 10,936
19980 2 0.03 30 960 1.56 15563 1:1 31,126
20100 1 0.02 20,100 0.78 15856 1:1 15.663
24000 7 0.11 168,000 6.54 18504 1:1 130,858
36000 1 0.02 36,000 1.40 28041 1:1 26,041
48000 1 0.02 48,000 1.67 37386 1:1 37,388
73580 1 0.02 73,560 2.86 57296 1:1 57,296
78000 1 0.02 78,000 3.04 60756 1:1 60,756
96000 1 0.02 96,000 3.74 74742 1:1 74,742
TOTAL 6,091 100.00 2,567,640 100.00 2,000,000

D. Allotment to QIBs excluding Anchor Invstors

The Basis of Allotment to QIBs who have Bid at the offer Price of  Rs. 250 per Equity Share has been done on a proportionate basis in consultation with the NSE, This, category has been subscribed to the external of 51.465105 times. As per the SEBI Regulations, Mulual Funds were Allocated 5% of the Equity Shares of Net QlB Portion available i.e. 200,000 Equity Shares and other QIBs, including Mutual Funds, were Allocated the remaining available 3,800,000 on proportionate basis. The total numbed of Equity Shares allotted in the QIB category is 4,000,000 Equity Shares, which were allotted to 90 successful Applicant. The category-wise details of the Basis of Allotment are as under

Categoiy FIs/Banks MFs ICs Others AIF FII Total
QIB 791,207 717,546 116,774 89,565 0 2,234,906 4,000,000

E. Allotment to Anchor Investors

Category Fll FPI MF Total
QIB 2,200,000 1,800,000 2,000,000 6,000,000

The Company in consultation with the BRLMs have Allocated 6,000,000 Equity Shares to 13 Anchor Investors at the Anchor Investor Offer Price of Rs 250 per Equity Shares in accordance with the SEBI Regulations. This represent 60% of the QIB Category

The IPO Committee of the Company at it's meeting held on August 06,2015, has approved the Basis of Allotment of the Equity Share approved by the Designated Stock Exchange, being NSE and Allotted the Equity Shares to various successful Applicants.

The Allotment Advice-cum-Refund Order and/or notices have been dispatched on or before August 08, 2015 to the address of the investors as registered with the depositaries Further, instructions to the Self Certified Syndicate Banks have been dispatched on August 06,2015. In case the same is not received within ten days, investors may contact the Registrar to the Offer at the address given below, The Refund Orders have been over-prinled with the Bank Account details as registered, if any, with the depositaries.

The Equity Shares allootted to the successful allottees have been uploaded on August 7, 2015, for credit into the respective beneficiary accounts subject to validation of the account details with the depositories concerned.Our Connpany is taking steps for completion of the necessary formalities to get the Equity Shanes admitled for trading on the BSE and the NSE within twelve Working Days from the Bid/Offer Closing Date. The Equity Shares are proposed to be listed on the BSE and NSE and the trading is expected to commence on or about Augusl 11,2015.

Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectus dated July 31,2015 filed with the Registrar of Companies, Bangalore ("Prospectus").

INVESTORS PLEASE NOTE

These details of the Allotment made shall be hosted on the website of Registrar to the Offer, Karvy Computershare Private Limited http://karisma.karvy.com

All future corespondence in this regard may kindly be addressed to the Registrar to the Offer quoting full name of the First/sole applicant, Serial number of the Bid-Cum-Apptication form. number of Equity Shares bid for, name of the Member of the Syndicate, place where the bid was submitted and payment details at the address given below:

Karvy Computershare Private Limited
Karvy Selenium Tower B, Plot31-32, Gachibowli. Financial District, NanaKramguda, Hyderabad 500 032.
Tel: (+91 40) 6716 2222; Fax; (+91 40} 2300 1153; Email: einward.ris@karvy.com
Investor Grievance E-mail; Syngene.ipo@karvy.com
Website: http://karisma.karvy.com ; Contact Person: M. Murali Krishna
SEBI Regislreton No ; INR000000221

Place : Bengaluru
Date: August 08,2015
For Syngene International Limited
On behalf of the Board of Directors
Sd/-
Managing Director

Syngene International IPO Basis of Allotment FAQs

  1. 1. How shares are allotted in Syngene International IPO?

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

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

    Visit the Syngene International IPO allotment status page to check the number of shares allocated to your application.

  3. 3. What is Syngene International IPO allotment process?

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

Comments

   I Like It. | Report Abuse








Search Chittorgarh.com:

Download Our Mobile App

Android App iOS App