Yogya Enterprises IPO Details

Issue Open Mar 25, 2015
Issue Close Mar 30, 2015
IPO Price ₹15
Face Value ₹10
IPO Size ₹1.50 Cr
Listing At BSE SME
IPO Lot Size 8000

YOGYA ENTERPRISES LIMITED

Our Company was originally incorporated at Delhi as "Yogya Enterprises Limited" a public limited company on 16th September 2010 under provision of  Companies Act 1956. It is classified as non- government company and is registered at Registrar of Companies, National Capital Territory of Delhi and Haryara.
Registered Office:
203, Gupta Arcade, Shrestha Vihar Market, Delhi -110 092; Tel: +91-011-4376 3300;
Email:
md@yogya.co.in; Website: www.yogya.co.in
Company Secretary and Compliance Officer: Mr. Tarun Chhabra
Promoters of our Company: Mr. Rajeev Gupla & M/s. Dhanu Infrastructure Private Limited

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 10,00,000 EQUITY SHARES OF RS.10 EACH ("EQUITY SHARES") OF YOGYA ENTERPRISES LIMITED ( YEL OR THE "COMPANY" OR THE "ISSUER") FOR CASH AT A PRICE OF RS.15 PER SHARE (THE "ISSUE PRICE"), AGGREGATING TO RS. 150.00 LACS ("THE ISSUE"), OF WHICH 56,000 EQUITY SHARES OF RS.10 EACH WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKERS TO THE ISSUE (THE "MARKET MAKER RESERVATION PORTION"). THE ISSUE LESS THE MARKET MAKER RESERVATION PORTION i.e. ISSUE OF 9,44,000 EQUITY SHARES OF RS.10 EACH IS HEREINAFTER REFERRED TO AS THE "NET ISSUE". THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 28.57% AND 26.97%, RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF THE COMPANY.

In terms of Prospectus dated 17th March, 2015 and as per Regulation 43 (4) of SEBI (ICDR) Regulations, 2009 wherein a minimum of 50 % of the Net Offer to Public shall be made available to shall be initially made available to Retail Individual Investors as the case may be. The balance net offer of shares to the public shall be made available for allotment to a) individual applicants other than retail investors and b) other investors including corporate bodies /institutions irrespective of no. of shares applied for. The unsubscribed portion of the net offer to any one of Ihe categories specified in (a) or (b) shall/may be made available for allocation in any other category, if so required.

Explanation: for the purpose of Regulation 43 (4) of SEBI (ICDR) Regulations, 2009, if the retail individual investor is entitled to more than fifty percent, on proportionate basis, the retail individual investors shall be allocated that higher percentage.

THE FACE VALUE OF THE EQUITY SHARES IS RS.10 EACH AND THE ISSUE PRICE IS RS.15 EACH.
THE ISSUE PRICE IS 1.50 (ONE & HALF) TIMES OF THE FACE VALUE.
ISSUE OPENED ON 25TH MARCH, 2015 AND CLOSED ON 30TH MARCH, 2015.

The Equity Shares offered through the Prospectus are proposed to be listed on the SME platform of BSE Limited ("BSE") in terms of the chapter XB of the SEBI (ICDR) Regulations, 2009 as amended from time to time, Company is not required to obtain an in-principle approval of the shares being offered in this Issue. However Company has received an approval letter dated 27th February, 2015 from BSE for using its name in the offer document for listing of our Shares an the SME platform of BSE. The designated stock exchange is BSE Limited.

All Applicants were allowed to participate in the Issue through APPLICATION SUPPORTED BY BLOCKED AMOUNT ("ASBA") process by providing the details of the respective bank accounts in which the corresponding application amounts were blocked by Self Certified Syndicate Banks (the "SCSBs").

SUBSCRIPTION DETAILS

The Issue has received 88 applications for 12,08,000 Equity Shares (Including Market Maker Application of 56,000 Equity Shares) resulting 1.208 times subscription. After considering, cheque return cases of 2 applications of 16,000 Equity Shares, the Issue was subscribed 1.192 times. The details of the applications received in the Issue (before technical rejections) are as follows: Detail of the Applications Received (Before Technical Rejection & withdrawal of application):

Category No. of
Applications
No. of
Equity Shares
Subscription (Times)
Market Makers 1 56000 1.000
Other than Retail Individual Investor's 3 480000 1.017
Retail Individual Investor's 82 656000 1.390
TOTAL 86 1192000 1.192

The details of applications rejected by the Registrar on technical grounds (including withdrawals) are detailed below:

Category No. of
Applications
No. of
Equity Shares
Market Makers Nil Nil
Other than Retail Individual Investor's Nil Nil
Retail Individual Investor's 3 24000
TOTAL 3 24000

Detail of the Applications Received (After Technical Rejection & withdrawal):

Category No. of
Applications
No. of
Equity Shares
Subscription (Times)
Market Makers 1 56000 1.000
Other than Retail Individual Investor's 3 480000 1.017
Retail Individual Investor's 79 632000 1.339
TOTAL 83 1168000 1.168

Allocation: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - BSE Limited on 3th April, 2015

A) Allocation to Market Maker (After Technical Rejections & Withdrawal): The Basis of Allotment to the Market Maker, at the issue price of  Rs.15 per Equity Share, was finalised in consultation with BSE. The category was subscribed by 1.00 time. The total number of shares allotted in this category is 56,000 Equity shares in full out of reserved portion of 56,000 Equity Shares.

B) Allocation to Non Retail Individual Investors (After Technical Rejections & Withdrawal): The Basis of Allotment to the Non Retail Investors, at the issue price of  Rs.15 per Equity Share, was finalized in consultation with BSE. The category was subscribed by 1.339 times. Total number of shares allotted in this category is 4,00,000 Equity Shares. The category wise basis of allotment is as under.

No. of Shares
Applied lor
(Category Wise)
No. of
Application

Total
Total No.
of Shares
Applied
% to
Total
Proportionate
Shares
Available
Allocation Per
Applicant (before
rounding off)
Allocation Per
Applicant (after
rounding off)
Ratio of
Allotees to The
Applicants
Total No.
of Shares
Allotted
Surplus/
Defecit
112000 1 33.33 112000 23.33 93333.33 93333.33 96000 FIRM 96000 2667
144000 1 33.33 144000 30.00 120000 120000 120000 FIRM 120000 _-
224000 1 33.33 224000 46.67 186666.67 186666.67 184000 FIRM 184000 (2667)
TOTAL 3 100 480000 100 400000 400000 Nil

C) Allocation to Retail Individual Investors (After Technical Rejections & Withdrawal): The Basis of Allotment to the Retail Individual Investors, at the issue price of Rs.15 per Equity Share, was finalized in consultation with BSE. The category was subscribed by 1.017 times. Total number of shares allotted in this category is 5,44,000 Equity Shares. The category wise basis of allotment is as under.

No. of Shares Applied for (Category Wise) No. of Application % to Total Total No. of Shares Applied % to Total Proportionate Shares Available Allocation Per Applicant (before rounding off) Allocation Per Applicant (after rounding off) Ratio of Allotees to The Applicants Total No. of Shares Allotted Surplus/ Defecil
8000 79 100 632000 100 544000 6885.08 8000 68:79 544000 -
TOTAL 70 100 632000 100 544000 544000 -

The Board of Directors of the Company at its meeting held on 9th April, 2015 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz. BSE and has authorized the corporate action for the transfer of the Equity Shares / dispatch of share certificates to various successful applicants.

The CAN-cum-Refund Orders and allotment advice and / or notices are being dispatched to the address of the Applicants as registered with the depositories/ as filled in the application form on or before 11th April, 2015. Further, the instructions to Self Certified Syndicate Banks being processed on or prior to 11th April, 2015. In case the same is not received within 10 days, investors may contact 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 the SME Platform of BSE Limited within Twelve working days from the date of the closure of the Issue. The trading is proposed to be commenced on or before 16th April, 2015 subject to receipt of listing and trading approvals from BSE Limited.

INVESTORS PLEASE NOTE

The details of the allotment made would also be hosted on the website ol 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

E2 Ansa Industrial Estate, Sakivihar Road, Sakinaka, Andheri East, Mumbai- 400072
Tel: (022) 40430200; Fax: (022) 28475207
Email; ipo@bigshareonline.com; Website: www.bigshareonline.com
Contact Person: Mr. Ashok Shetty; SEBI Regn. Number: INR000001385

Place : Delhi
Date : April 09,2015
For YOGYA ENTERPRISES LIMITED
Sd/-
Rajeev Gupta
Managing Director

Yogya Enterprises IPO Basis of Allotment FAQs

  1. 1. How shares are allotted in Yogya Enterprises IPO?

    Check the basis of allotment document above to know about how the shares are allocated in Yogya Enterprises 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 Yogya Enterprises IPO basis of allotment status?

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

    Visit the Yogya Enterprises IPO allotment status page to check the number of shares allocated to your application.

  3. 3. What is Yogya Enterprises IPO allotment process?

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








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