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WEALTH FIRST PORTFOLIO MANAGERS LIMITED CIN: U67120GJ2002PLC040636 Our Company was incorporated as 'DSFS Securities and Broking Private Limited' under the provisions of the Companies Act, 1956 vide certificate of incorporation dated April 16, 2002 issued by Registrar of Companies, Ahmedabad, Gujarat bearing registration No. 040636. Later on the name of our Company was changed to Wealth First Portfolio Managers Private Limited vide a fresh Certificate of Incorporation dated May 14,2003. Further our Company was converted into a Public Limited Company and fresh Certificate of Incorporation consequent to conversion was issued on September 30, 2015 by the Registrar of Companies, Ahmedabad, Gujarat and consequently the name of our Company was changed to 'Wealth First Portfolio Managers Limited'. The Corporate Identification Number of Our Company is U67120GJ2002PLC040636. For details of change in registered office of our Company please refer to chapter titled 'Our History and Certain Other Corporate Matters' beginning on page 118 of the Prospectus. Registered Office: Capitol House, 10 Paras-II, Near Campus
Cornor, Prahalad Nagar, Anand Nagar, Ahmedabad - 380051, Gujarat, India PROMOTERS OF OUR COMPANY: MR. ASHISH NAVNITLAL SHAH & MRS. HENA ASHISH SHAH BASIS OF ALLOTMENT PUBLIC ISSUE OF 16,80,000 EQUITY SHARES OF FACE VALUE OF RS 10 EACH FULLY PAID UP OF WEALTH FIRST PORTFOLIO MANAGERS LIMITED ('WFPML' OR THE 'COMPANY' OR THE 'ISSUER') FOR CASH AT A PRICE OF RS 50 PER EQUITY SHARE (THE 'ISSUE PRICE') (INCLUDING A SHARE PREMIUM OF RS 40 PER EQUITY SHARE AGGREGATING RS 840.00 LAKHS (THE 'ISSUE') BY OUR COMPANY, OF WHICH 84,000 EQUITY SHARES OF RS 10 FULLY PAID UP EACH WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER TO THE ISSUE ('MARKET MAKER RESERVATION PORTION'). THE ISSUE LESS THE MARKET MAKER RESERVATION PORTION I.E. ISSUE OF 15,96,000 EQUITY SHARES OF RS 10 EACH FULLY PAID UP IS HEREINAFTER REFERRED TO AS THE 'NET ISSUE'. THE ISSUE WILL CONSTITUTE 26.29 % 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 VII - ISSUE INFORMATION' BEGINNING ON PAGE 227 OF THE PROSPECTUS. THE FACE VALUE OF THE EQUITY SHARES IS RS 10 EACH. THE ISSUE PRICE IS RS
50 The Equity Shares offered through the Prospectus are proposed to be listed on the NSE Emerge Platform ('NSE'). In terms of the Chapter XB of the SEBI (ICDR) Regulations, 2009, as amended, the Company is not required to obtain an in-principle listing approval for the shares being offered in this Issue. However, the Company has received an in-principle approval letter dated December 21,2015 from NSE for using its name in the offer document for listing of its shares on NSE Emerge Platform. For the purpose of this Issue, the Designated Stock Exchange will be the National Stock Exchange of India Limited. The trading is proposed to be commenced with effect from Wednesday, March 30,2016.* *Subject to receipt of listing and trading approvals from the National Stock Exchange of India Limited. All Applicants participated in the Issue through Applications Supported by Blocked Amount ('ASBA') process by providing the details of their respective bank accounts in which the corresponding application amounts were blocked by Self Certified Syndicate Banks (the 'SCSBs'). SUBSCRIPTION DETAILS The Issue has received 494 applications for 2382000 Equity Shares resulting in 1.42 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
grounds are detailed below:
After eliminating technically rejected applications, the following tables give us Category 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 March 23,2016. A) Allocation to Marker Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the issue price of Rs 50 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 84,000 Equity Shares. B) Allocation to Retail Individual Investors (After Technical Rejections): The Basis of Allotment to the Retail Individual Investors, at the issue price of Rs 50 per Equity Share, was finalized in consultation with NSE. The category was subscribed by 1.58 times. The total number of shares allotted in this category is 801000 Equity Shares (including 3000 additional shares) to 267 successful applicants.The Category-wise details of the Basis of Allotment are as under:
*In Retail Investors category 3000 additional shares have been allotted. C) Allocation to Non - Retails Category (After Technical Rejections): The Basis of Allotment to the Non Institutional Investors, at the issue price of Rs 50 per Equity Share, was finalized in consultation with NSE. The category was subscribed 1.26 times. The total number of shares allotted in this category is 798000 Equity Shares to 61 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 March 23, 2016 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 March 28, 2016. Further, the instructions to Self Certified Syndicate Banks for unblocking the amount are being processed on or prior to March 28,2016. 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. Note: All capitalized terms used and not defined herein shall have the respective meaning assigned to them in the Prospectus dated February 22,2016 ('Prospectus'). INVESTORS PLEASE NOTE The details of the allotment made would also be hosted on the website of the Registrar to the Issue, BIGSHARE SERVICES PRIVATE LIMITED at www.bigshareonline.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: BIGSHARE SERVICES PRIVATE LIMITED
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The Wealth First NSE SME IPO basis of allotment (published above) tells you how shares are allocated to you in Wealth First NSE SME IPO and category wise demand of IPO share.
Visit the Wealth First NSE SME IPO allotment status page to check the number of shares allocated to your application.
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