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Zodiac Energy Details

Issue Open Nov 23, 2017
Issue Close Nov 27, 2017
IPO Price ₹52
Face Value ₹10
IPO Size ₹10.14 Cr
Listing At NSE SME
IPO Lot Size 2000

ZODIAC ENERGY LIMITED
The Corporate Identification Number of our Company is U51909GJ1992PLC017694.

Our Company was originally incorporated as 'Zodiac Genset Private Limited' at Ahmedabad on May 22, 1992 under the provisions of the Companies Act, 1956 vide Certificate of Incorporation issued by the Registrar of Companies, Gujarat. Dadra and Nagar Haveli Ahmedabad, Subsequently, the name of our company was changed to 'Zodiac Energy Private Limited' on April 30. 2007 and fresh Certificate of Incorporation consequent upon change of name was issued by the Registrar of Companies. Gujarat. Dadra and Nagar Haveli, Ahmedabad. Consequently upon the conversion of our Company into public limited company, the name of our Company was changed to 'Zodiac Energy Limited' and fresh Certificate of incorporation dated August 2, 2017 was issued by the Registrar of Companies, Gujarat Dadra and Nagar Haveli. Ahmedabad. The Corporate Identification Number of our Company is U51909GJ1992PLC017694.

Registered Office: A-1204, Siddhi Vinayak Towers. Off. S. G. Highway. Makarba. Vejalpur. Ahmedabad-380 051, Gujarat;
E-Mail: compliance@zodiacenergy.com, Website: www.zodiacenergy.com
Company Secretary and Compliance Officer: Ms. Niyati Parikh; Tel No.:- +91 -79-2970 4116

PROMOTERS OF THE COMPANY: MR, KUNJBIHARI SHAH & MR. JUGALKISHOR SHAH

BASIS OF ALLOTMENT
ZODIAC ENERGY LIMITED - SME IPO

Public Issue, of 19,50,000 equity shares of face value of Rs 10 each of Zodiac Enargy Limited ('zodiac' or The 'company' or tha 'issuar') for cash at a Price of Rs 52 Per Equity Share including a share premium of Rs 42 per equity share (the 'issue Price') aggregating to Rs 1014.00 lakh ('the Issue'), of which 98,000 equity shares of face value of Rs 10 each for cash at a price of Rs 52 per equity share including a share premium of Rs 42 per equity share aggregating to Rs 50.96 lakh will be reserved for subscription, by market maker to The Issue (the 'market Maker Reservation Portion'). The Issue less the market maker reservation portion i. e. net issue of 18,52,000 Equity Shares of face value of Rs 10 each at a price of Rs 52 par aquity share including a share premium of Rs 42 per equity share aggregating to Rs 963.04 lakh is herein after referred to as the 'net issue'. The issue and the net issue will constitute 26.65% and 25.31% respectively of the post issue paid up equity share capital of our company.

In terms of Prospectus dated November 17,2017 and as perRegulation 43 (4) of SEBI (ICDR) Regulations, 2009 wherein (a) minimum of 50 % of the Net Offer to Public shall be initially made available to Retail Individual Investors and (b) The balance net offer of shares to the public shall be made available for allotment to i) individual applicants other than retail individual investors and ii) other investors including corporate bodies or institutions, irrespective of number of specified securities applied for. c) The unsubscribed portion in either of the categories specified in (a) or (b) above may be allocated to the applicants in the other category.
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 52/- EACH INCLUDING A SHARE PREMIUM OF RS 42/- PER EQUITY SHARE, THE ISSUE PRICE IS 5.2 TIMES OF THE FACE VALUE. ISSUE OPENED ON THURSDAY. NOVEMBER 23, 2017 AND CLOSED ON MONDAY, NOVEMBER 27,2017,

SUBSCRIPTION DETAILS

The Equity Shares offered through the Prospectus are proposed to be listed on Emerge Platform of National Stock Exchange of India Limited ('NSE Emerge'). In terms of the Chapter XB of the SEBI (ICDR) Regulations, 2009, as amended from time to time, our Company has received in principle approval letter dated November 10, 2017 from National Stock Exchange of India Limited ('NSE') for using its name in this offer document for listing our shares on the Emerge Platform of National Stock Exchange of India Limited, For the purpose of this Issue, the designated Stock Exchange will be the National Stock Exchange of India Limited.

Category Number of Applications Number of Equity Shares Subscription Ratio
Market Makers 1 98,000 1.000 times
Other than Retail Individual Investor's 232 14,22,58,000 153.626 times
Retail Individual Investor's 28.333 5,66,66,000 61.194 times
Total 28,566 19,90,22,000 Overall 

102.063 times

Total 417 applications received in Retail Individual Investors Category for 8,34.000 Shares and 1 application received in Other than Retail Individual Investors Category for 4.000 Shares were rejected on technical grounds. Further, there was no withdrawal of application in any of the category.
ALLOCATION: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - National Stock Exchange of India Limited on November 30.2017,
A. Allocation to Market Maker (After Technical Rejections & Withdrawal): The Basis of Allotment to the Market Maker, at the issue price of Rs 52/- 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 is.98,000 Equity shares in full, out of reserved portion of 98,000 Equity Shares.
B. Allocation to Retail Individual Investors (After Technical Rejections & Withdrawal, if any); The Basis of Allotment to the Retail Individual Investors, at the Issue price of Rs 52/- per Equity Share, was finalized In consultation with NSE. The category was subscribed by 60.294 times. Total number of shares allotted in this category is 9,26,000 Equity Shareas under;

No. of
Shares
Applied
for
(Category wise)
No, of Appli
cations
Recei
ved
%
to
Total
Total No. of
Equity
Shares
applied
%
to
Total
Proporti
onate
Shares
Avail
able
Allocation
per
Applicant
(before
Rounding
Off)
Allocation
per
Applicant
(after
Rounding
Off)
Ratio of
Allo
ttees
to the
Appli
Cants
Serial
Number
Of
Qualify
ing
applicants
Number of
Successful
Applicants
(After
Rounding Off)
%
to
Total
Total No, of Equity
Shares
allocated/
allotted
%
to
Total

No. of Shares
Surplus Deficit

2.000 27916 100 55832000 100 926000 33.17 2000  4:241 43,45,90,102 463 100 926000 100 0
Total 27916 100 55832000 100 926000 463 100 926000 100 0

C. Allocation to Non Retail Investors (After Technical Rejections & Withdrawal); The Basis of Allotment to the Non Retail Investors, at the issue price of Rs 52/- per Equity Share, was finalised in consultation with NSE. The category was subscribed by 153,622 times. Total number of shares allotted in this category is 9,26,000 Equity Shares The category wise basis of allotment  is as under:

No. of
Shares
Applied
for
(Category wise)
No, of Appli
cations
Recei
ved
%
to
Total
Total No. of
Equity
Shares
applied
%
to
Total
Proporli
on ate
Shares
Avail
able
Allocation
per
Applicant
(before
Rounding
Off)
Allocation
per
Applicant
(after
Rounding
Off)
Ratio
of Allottees
to the
Appli
Cants
Serial
Number
of
Qualify
ing
appli
cants
Number of Succe
ssful
Applica
nts (After
Rounding Off)
%
to
Total
Total No, of Equity
Shares
alloca
ted/
allotted
%
to
Total
Surplus
(Deficit (Roun
ded
off)
4000 48 2.78 192000 0.13 1255 26.15 2000 1:48 39 1 0.73 2000 0.23 745
6000 14 6.06 84000 0.06 547 39.07 2000 1:14 7 1 0.73 2000 0.23 1453
8000 7 3.03 56000 0.04 365 52.14 2000 1:7 2 1 0.73 2000 0.23 1635
10000 5 2.16 50000 0.04 325 65.00 2000 1:5 2 1 0.73 2000 0.23 1675
12000 7 3.03 84000 0.06 547 78.14 2000 1:7 1 1 0.73 2000 0.23 1453
14000 4 1.73 56000 0.04 365 91.25 2000 1:4 3 1 0.73 2000 0.23 1635
16000 4 1.73 64000 0 04 417 104.25 2000 1:4 2 1 0.73 2000 0.23 1583
20000 3 1.30 60000 0.04 391 130.33 2000 1:3 1 1 0.73 2000 0.23 1609
22000 2 0.87 44000 0.03 286 143.00 2000 1:2 1 1 0.73 2000 0.23 1714
26000 3 1.30 78000 0.05 508 169.33 2000 1:3 2 1 0.73 2000 0.23 1492
28000 1 0.43 28000 0.02 182 182.00 2000 1.1 1 0.73 2000 0.23 1818
30000 1 0.43 30000 0.02 195 195.00 2000 1:1 1 0.73 2000 0.23 1805
34000 1 0.43 34000 0.02 221 221.00 2000 1:1 1 0.73 2000 0.23 1779
36000 1 0.43 36000 0.03 234 234.00 2000 1:1 1 0.73 2000 0.23 1766
38000 2 0.87 76000 0.05 495 247.50 2000 1:2 1 1 0.73 2000 0.23 1505
40000 4 1.73 160000 0.11 1042 260.50 2000 1:4 1 1 0.73 2000 0.23 958
42000 1 0.43 42000 0.03 273 273.00 2000 1:1 1 0.73 2000 0.23 1727
50000 1 0.43 50000 0.04 325 325.00 2000 1:1 1 0.73 2000 0.23 1675
52000 1 0.43 52000 0.04 338 338.00 2000 1:1 1 0.73 2000 0.23 1662
62000 1 0.43 62000 0.04 404 404.00 2000 1:1 1 0.73 2000 0.23 1596
74000 1 0.43 74000 0.05 482 482.00 2000 1:1 1 0.73 2000 0.23 1518
78000 1 0.43 78000 0.05 508 508.00 2000 1:1 1 0.73 2000 0.23 1492
86000 1 0.43 86000 0.06 560 560.00 2000 1:1 1 0.73 2000 0.23 1440
92000 2 0.87 184000 0.13 1198 599.00 2000 1:2 1 1 0.73 2000 0.23 802
94000 1 0.43 94000 0.07 612 612.00 2000 1:1 1 0.73 2000 0 23 1388
98000 1 0.43 98000 0.07 638 638.00 2000 1:1 1 0.73 2000 0.23 1362
100000 2 0.43 200000 0.14 1302 651.00 2000 1:2 1 1 0.73 2000 0 23 698
126000 1 0.43 126000 0.09 820 820.00 2000 1:1 1 0.73 2000 0.23 1180
136000 1 0.43 136000 0.10 885 885.00 2000 1:1 1 0.73 2000 0.23 1115
152000 1 0.43 152000 0.11 989 989.00 2000 1:1 1 0.73 2000 0 23 1011
190000 1 0.43 190000 0.13 1237 1237.00 2000 1:1 1 0.73 2000 0.23 763
192000 1 0.43 192000 0.13 1250 1250.00 2000 1:1 1 0.73 2000 0.23 750
194000 3 1.30 582000 0.41 3789 1263.00 2000 2:3 1.2 2 1.46 4000 0.46 211
200000 1 0.43 200000 0.14 1302 1302.00 2000 1:1 1 0.73 2000 0.23 698
230000 1 0.43 230000 0.16 1497 1497.00 2000 1:1 1 0.73 2000 0.23 503
240000 1 0.43 240000 0.17 1562 1'562.00 2000 1:1 1 0.73 2000 0.23 438
254000 1 0.43 254000 0.18 1653 1653.00 2000 1:1 1 0.73 2000 0.23 347
270000 2 0.87 540000 0.38 3515 1757.50 2000 1:1 2 1.46 4000 0.46 485
320000 2 0.87 640000 0.45 4166 2083.00 2000 1:1 2 1.46 4000 0.46 -166
330000 1 0.43 330000 0.23 2148 2148.00 2000 1:1 1 0.73 2000 0.23 -148
384000 1 0.43 384000 0.27 2500 2500.00 2000 1:1 1 0.73 2000 0.23 -500
400000 3 1.30 1200000 0.84 7811 2603.67 2000 1:1 3 2.19 6000 0.69 -1811
422000 1 0.43 422000 0.30 2747 2747.00 2000 1:1 1 0.73 2000 0.23 -747
450000 1 0.43 450000 0.32 2929 2929.00 2000 1:1 1 0.73 2000 0.23 -929
454000 1 0.43 454000 0.32 2955 2955.00 2000 1:1 1 0.73 2000 0 23 -955
456000 1 0.43 456000 0.32 2968 2968.00 2000 1:1 1 0.73 2000 0.23 -968
458000 1 0.43 458000 0.32 2981 2981.00 2000 1:1 1 0.73 2900 0.23 -981
460000 1 0.43 460000 0.32 2994 2994.00 2000 1:1 1 0.73 2000 0.23 -994
462000 1 0.43 462000 0.32 3007 3007.00 2000 1:1 1 0.73 2000 0.23 -1007
464000 1 0.43 464000 0.33 3020 3020.00 2000 1:1 1 0.73 2000 0.23 -1020
466000 1 0.43 466000 0.33 3033 3033.00 2000 1:1 1 0.73 2000 0.23 -1033
468000 1 0.43 468000 0.33 3046 3046.00 2000 1:1 1 0.73 2000 0.23 -1046
470000 1 0.43 470000 0.33 3059 3059.00 2000 1:1 1 0.73 2000 0.23 -1059
472000 1 0.43 472000 033 3072 3072.00 2000 1:1 1 0.73 2000 0.23 -1072
500000 1 0.43 500000 0.35 3255 3255.00 2000 1:1 1 0.73 2000 0.23 -1255
556000 1 0.43 556000 0.39 3619 3619.00 2000 1:1 1 0.73 2000 0.23 -1619
576000 3 1.30 1728000 1.21 11248 3749.33 2000 1:1 3 2.19 6000 0.69 -5248
578000 1 0.43 578000 0.41 3762 3762.00 2000 1:1 1 0.73 2000 0.23 -1762
620000 1 0.43 620000 0.44 4036 4036.00 4000 1:1 1 0.73 4000 0.46 -36
800000 1 0.43 800000 0.56 5208 5208.00 4000 1:1 1 0.73 4000 0.46 -1208
922000 2 0.87 1844000 1.30 12003 6001.50 6000 1:1 1 1.46 12000 1.38 -3
926000 1 0.43 926000 0.65 6028 6028.00 6000 1:1 1 0.73 6000 0.69 -28
960000 1 0.43 960000 0.67 6249 6249.00 6000 1:1 1 0.73 6000 0.69 -249
1346000 1 0.43 1346000 0.95 8762 8762.00 8000 1:1 1 0.73 8000 0.92 -762
1538000 3 1.30 4614000 3.24 30035 10011.67 10000 1:1 3 2.19 30000 3.44 -35
1848000 20 8.66 36960000 25.98 240590 12029.50 12000 1:1 20 14.60 240000 27.52 -590
1850000 6 2.60 11100000 7.80 72255 12042.50 12000 1:1 6 4.38 72000 8.26 -255
1852000 36 15.58 66672000 46.87 434000 12055.56 10000 1:1 36 26.28 360000 41.28 -74000
1852000 2000 Additional Shares is allocated for Sefial No 68 in the ratio of 3:4 2000 3:4 1,2,3 54000 54000
Total 231 100.00 142254000 100.00 926000 137 100.00 926000 100.00 0

The Doard of Directors of the Company at its meeting held on December 1. 2017 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz. NSE and has authorized the corporate action for the transfer of the Equity Shares / dispatch of share certificates to various successful applicants.
The CNW-cun-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. Further, the mstructions to Self Certified Syndicate Banks were being processed on or before December 1,2017. 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 concemed. The Company is taking steps to get the Equity Shares admitted for trading on the SME Platform of the National Stock Exchange of India Limited within Six working days from the date of the closure of the Issue. The trading is proposed to be commenced on or before Tuesday. Decernber 5,2017 subject to receipt of final listing and trading approvals from the National Stock
Exchange of India Limited.


INVESTORS PLEASE NOTE

The details of the allotment made would also be hosted on the website of the Registrar to the Issue, Link Intime India Private Limited at www.linkintime.co.in. 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:

LINK INTIME INDIA PRIVATE LIMITED
Address:
C - 101, 1st Floor, 247 Park. Lal Bhadur Shastri Marg, ViKhroli (West), Mumbai-400083
Tel: +91 -22-4918 6200; Fax: +91 - 22-4918 6195; Website: www.linkintime.co.in:
SEBI Registration Number; INR000004058: Contact Person: Ms. Shanti Gopalkrishnan;
Email/ Investor Grievance E-mail: zodiacenergy.ipo@linkintime.co.in

Place: Ahmedabad

Date : December 1, 2017

For, ZODIAC ENERGY LIMITED
On behalf of the Board of Directors
Sd/-
Kunjbihari Shah
Managing Director
DIN: 00622460

Zodiac Energy Basis of Allotment FAQs

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

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

Visit the Zodiac Energy allotment status page to check the number of shares allocated to your application.

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