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TIRUPATI FORGE LIMITED Our Company was incorporated under the provisions of Companies Act, 1956 as Tirupati Forge Private Limited' in Gujarat vide Certificate of Incorporation issued by Registrar of Companies. Gujarat on August 17,2012, Consequently, it was converted in to a public- limited company pursuant to Shareeholders resulution passed at Extra.-ordinary General Meeting of our Company held on July 31,2017 and the name of our Company was changed to Tiruparti Forge Limited and a fresh certificate of incorporation consequent upon Conversion of Private Company to Public Limited dated August 11, 2017 was issued by Registrar of Companies, Gujarat. Ahmedabd. The Corporate identifcation Number of our Company is U27320GJ2012PLC071594. For further details of Incorporation, Change of Name and Registered Office of our company, please refer to chapter titled ''General Inrfarmation' and 'Our History and Certain Other Corporate Matters' beginning on page 59 and page 128 of the Prospectus. Registered Office; Plot No.1-5, Survey No. 92/1, Near
Shan Cement, Hadamtala industrial Area, Tal: Kotda Sangani Hadamtala,
Rajkot 380311.Gujarat PROMOTERS OF OUR COMPANY: HITESH THUMMAR, AJAY SARDHARA AND BHARGAVI THUMMAR BASIS OF ALLOTMENT PUBLIC ISSUE OF 18. 00.000 EQUITY SHARES OF FACE VALUE OF RS. 10, EACH (' EQUITY SHARES') OF TIRUPATI FORGE LIMITED (THE 'COMPANY' OR THE 'ISSUER') FOR CASH AT A PRICE OF RS. 29/- PER EQUITY SHARE. INCLUDING A SHARE PREMIUM OF RS. 19/- PER EQUITY SHARE (THE 'ISSUE PRICE'). AGGREGATING RS. 522. 00 LAKHS {'THE ISSUE'), OF WHICH 92,0000 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH FOR CASH AT A PRICE OF RS. 29/- PER EQUITY SHAHE, AGGREGATING RS. 26.68 LAKHS WILL BE RESERVED FOR SUBSCRIPTION BY THE MARKET MAKER TO THE ISSUE (THE 'MARKET MAKER RESERVATION PORTION'). THE ISSUE LESS MARKET MAKER RESERVATION PORTION I.E. ISSUE OF 17.00,000 EQUITY SHAHES OF FACE VALUE OF RS. 10 EACH FOR CASH AT A PRICE OF RS. 29/- PER EQUITY SHAKE. AGGREGATING RS. 495.32 LAKHS IS HEREINAFTER REFERED TO AS THE 'NET ISSUE'. THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 30.97% AND 29.39% RESPECTIVELY OF THE FULLY DILUTED POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY. In terms of Prospectus dated September 21,2017 and as per Regulation 43{4) of SEBI
(ICDR) Regulations, 2009 wherein: THE FACE VALUE OF THE EQUITY SHARES IS RS. 10,00 EACH. The Equity Shares offered through the Prospectus are proposed to be listed an the EMERGE platform of National Stock Exchange of India Limited (NSE EMERGE) in terms of the chapter XB of the SEEI (ICDR) Regulations. 2009 as amended from time to time. The Company is not required to Obtain an in-principle approval for the shares being offered in this Issue. However, the Company has received an approval letter dated September 20,2017 from National Stock Exchange of India Limited for using its name in the Prospectus for listing of our Snares on NSE EMERGE. The designated stock exchange is NSE EMERGE. SUBSCRIPTION DETAILS The issue has received 2,228 applications for 1,15.76.000 Equity shares (Before
Technical Rejections but After Bids not Banked and Invalid Duplicate Bids) (including
Market Maker Application of 92.000 Equity Shares) resulting 6.43 times subscription. After
considering, a Technical Rejection case, the Issue was subscribed 6.36 times (including
the Market Maker Portion).
The details of applications rejected by the Registrar on technical grounds are detailed below:
Detail of the Applications Received (After Technical Rejection & Bids not Banked):
ALLOCATION: The Basis of Allotment was finalized in consultation with
the Designated Stock Exchange-NSE on October 09, 2017
C. Allocation to Other than Retail Individual Investor (After Technical Rejection): Tne Basis of Allotment to other than Retail Individual Investors, at the issue price of Rs 29/-per Equity Share, was finalized in consultation with NSE. The category was subscribed by 6.72 tones. Total number of shares allotted in this category is 4,24,000 Equity Shares. The category wise basis of allotment is as under:
The Board of Directors of the Company at its meeting held on October 10. 2017 has taken
on record the Basis of Allocation of Equity Shares approved by the Designated Stock
Exchange viz. NSE and authorized corporate action for allotment of shares in
dematerialized form to various successful applicants. INVESTORS PLEASE NOTE The details of the allotment made would also be hasted on the website of the Registrar to the Issue at www.linkintime.co.in All future correspondence in this regard may kindly be addressed to the Registrar quoting full name of the First/ Sole applicant, 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: LINK INTIME 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 Tirupati Forge IPO .
The Tirupati Forge IPO basis of allotment (published above) tells you how shares are allocated to you in Tirupati Forge IPO and category wise demand of IPO share.
Visit the Tirupati Forge IPO allotment status page to check the number of shares allocated to your application.
In Tirupati Forge 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 Tirupati Forge IPO basis of allotment document to know how the shares are allocated in Tirupati Forge IPO.
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