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April 27, 2017 - May 2, 2017

Zota Health Care IPO Basis of Allotment

ZOTA HEALTH CARE LIMITED

Our Company was incorporated as 'Zota Health Care Private Limited' at Surat, Gujarat as a Private Limited Company under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated July 12, 2000 bearing Registration Number 04-38352 issued by Assistant Registrar of Companies, Gujarat, Dadra and Nagar Haveli. Subsequently, our Company was converted into Public Company pursuant to Shareholders resolution passed at the Extraordinary General Meeting of our Company held on July 28, 2008 and the name of our Company was changed to 'Zota Health Care Limited' and a Fresh Certificate of Incorporation Consequent upon Conversion from Private Company to Public Company dated August 18, 2008 was issued by the Assistant Registrar of Companies, Gujarat, Dadra and Nagar Haveli. The Corporate Identification Number of our Company is U24231GJ2000PLC038352. For details of Incorporation, Change in the Name and Registered Office of our Company, please referto chapters titled 'General Information' and 'Our History and Certain Other Corporate Matters' beginning on pages 74 and 187 of the Prospectus.

Registered Office: Zota House, 2/896 Hira Modi Street, Sagrampura, Surat-395002, Gujarat, India
Tel No.: +91 261 2331601; Fax No.: +91 261 2346415; E-mail: info@zotahealthcare.com; Website: www.zotahealthcare.com
Contact Person: Ashvin Variya, Company Secretary and Compliance Officer

PROMOTERS OF OUR COMPANY: KETANKUMAR ZOTA, MANUKANT ZOTA, HIMANSHU ZOTA AND KAMLESH ZOTA

BASIS OF ALLOTMENT

PUBLIC OFFER OF 46,80,000 EQUITY SHARES OF FACE VALUE OF 10/- EACH ('EQUITY SHARES') OF ZOTA HEALTH CARE LIMITED ('COMPANY' OR 'ISSUER') FOR CASH AT A PRICE OF Rs. 125 PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF RS. 115 PER EQUITY SHARE) AGGREGATING UP TO RS 5,850.00 LAKHS ('OFFER') COMPRISING A FRESH ISSUE OF 31,80,000 EQUITY SHARES AGGREGATING UP TO RS. 3,975.00 LAKHS BY THE COMPANY ('FRESH ISSUE') AND AN OFFER FOR SALE OF 3,60,000 EQUITY SHARES BY MANUKANT ZOTA, 3,60,000 EQUITY SHARES BY VARSHABEN ZOTA, 4,80,000 EQUITY SHARES BY KETANKUMAR CHANDULAL ZOTA (HUF) AND 3,00,000 EQUITY SHARES BY MANISHA ZOTA (COLLECTIVELY REFERRED TO AS THE ' PROMOTOR/PROMOTOR GROUP SELLING SHAREHOLDERS') AGGREGATING 15,00,000 EQUITY SHARES BY THE PROMOTOR/PROMOTOR GROUP SELLING SHAREHOLDERS ('OFFER FOR SALE') AND TOGETHER WITH THE FRESH ISSUE ('THE OFFER').THE OFFER COMPRISES OF 2,38,000 EQUITY SHARES OF FACE VALUE RS. 10/- EACH FOR CASH AT A PRICE OF RS. 125 PER EQUITY SHARE, AGGREGATING RS. 297.50 LAKHS WHICH WILL BE RESERVED FOR SUBSCRIPTION BY THE MARKET MAKER TO THE OFFER (THE 'MARKET MAKER RESERVATION PORTION'). THE OFFER LESS MARKET MAKER RESERVATION PORTION I.E. OFFER OF 44,42,000 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH FOR CASH AT A PRICE OF RS. 125 PER EQUITY SHARE, AGGREGATING RS. 5,552.50 IS HEREINAFTER REFERED TO AS THE 'NET OFFER'. THE OFFER AND THE NET OFFER WILL CONSTITUTE 26.68% AND 25.32%, RESPECTIVELY OF THE POST OFFER PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY.

RISKS TO INVESTORS:

I.As on date of the Prospectus, the average cost of acquisition per Equity Share by our Promoters viz. Himanshubhai Zota is Rs. 0.10, Kamlesh Zota is Rs. 0.10, Ketankumar Zota is Rs. 0.04 and ManukantZota is Rs. 0.08.
In terms of Prospectus dated May 03, 2017 and as per Regulation 43(4) of SEBI (ICDR) Regulations, 2009 wherein

  1. Minimum fifty percent to retail individual investors; and
  2. Remaining to

i. Individual applicants other than retail individual investors; and

ii. Other investors including corporate bodies or institutions, irrespective of the 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. All Investors have participated in this offer through ASBA process. For details in this regards, specific attention is invited to chapter 'Offer Procedure' on page 382 of the Prospectus.

THE FACE VALUE OF EQUITY SHARES IS RS. 10/- EACH.
THE ISSUE PRICE IS RS. 125/-AND IS 12.5 TIMES THE FACE VALUE OF THE EQUITY SHARES
ISSUE OPENED ON: THURSDAY, APRIL 27, 2017 AND CLOSED ON: TUESDAY, MAY 2, 2017

The Equity Shares of our Company Offered through the Prospectus are proposed to be listed on the EMERGE Platform of National Stock Exchange of India Limited ('NSE'). In terms of the Chapter XB of the SEBI (ICDR) Regulations, 2009 as amended from time to time. Our Company has received an approval letter dated March 08, 2017 National Stock Exchange of India Limited for using its name in the Offer document for listing of our shares on the EMERGE Platform of National Stock Exchange of India Limited. For the purpose of the Offer, EMERGE Platform of National Stock Exchange of India Limited shall be the Designated Stock Exchange.

SUBSCRIPTION DETAILS

The Issue has received 58,802 applications for 7,51,03,000 Equity shares (Before Technical Rejections, bids not banked and invalid duplicate bids) including Market Maker Application of 2,38,000 Equity Shares. The issue was subscribed to the extent of 16.05 times as per the application data (before technical rejection). After considering the technical rejections cases, the issue was subscribed 14.83 times. The details of application received (Before Technical Rejection but after bids not banked and invalid duplicate bids) 

CATEGORY NUMBER OF
APPLICATIONS
NUMBER OF
EQUITY SHARES
SUBSCRIPTION
Market Makers 1 2,38,000 1.00
Other than Retail Individual Investors 430 1,36,16,000 6.13
Retail Individual Investors 57,020 5,70,20,000 25.67
TOTAL 57,451 7,08,74,000 15.14

Final Demand

SR No. Bid Price No. of Equity Shares Bid % to total Cumulative total % of Cumulative total
1 121 311,000 0.41 3,11,000.00 0.21
2 122 13,000 0.02 3,24,000.00 0.22
3 123 13,000 0.02 3,37,000.00 0.22
4 124 5,000 0.01 3,42,000.00 0.23
5 125 5,45,30,000 72.61 5,48,72,000.00 36.53
6 Cutoff 2,02,31,000 26.94 7,51,03,000.00 50.00
Total 7,51,03,000 100.00 15,02,06,000.00 100.00

ALLOCATION: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - EMERGE Platform of National Stock Exchange of India Limited on May 06, 2017

A. Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the issue price of Rs. 125/- per Equity Share, was finalized in consultation with National Stock Exchange of India Limited. The category was subscribed by 1.00 times. The total number of shares allotted in this category is 2,38,000 Equity shares in full out of reserved portion of 2,38,000 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. 125/- per Equity Share, was finalized in consultation with National Stock Exchange of India Limited. The category was subscribed by 15.57 times. Total number of shares allotted in this category is 35,88,000 Equity Shares. The category wise basis of allotment is as under:

No. of Shares
Applied for
(Category wise)
No. of
Applications
received
%
to
total
Total No. of
Equity
Shares
applied
%
to
total
Proportionate
Shares
Available
Allocation per
Applicant (Before
Rounding Off)
Allocation per
Applicant
(After Rounding Off)
Ratio of
Allottees to
the Applicants
Total No. of
Equity Shares
allotted
Surplus/ (Deficit)
1,000 55,876 100 5,58,76,000 100 35,88,000 64:21 1,000 3588:55876 35,88,000 0

C. Allocation to Other than Retail Individual Investor (After Technical Rejection): The Basis of Allotment to other than Retail Individual Investors, at the issue price of Rs 125/- per Equity Share, was finalized in consultation with EMERGE Platform of National Stock Exchange of India Limited. The category was subscribed by 15.58 times. Total number of shares allotted in this category is 8,54,000 Equity Shares. The category wise basis of allotment is as under:

No. of Shares
Applied for
(Category wise)
No. of
Applications
received
% to
total
Total No. of
Equity Shares
applied
% to
total
Proportionate
Shares
Available
Allocation per
Applicant (Before Rounding Off)
Allocation per Applicant (After Rounding Off) Ratio of
Allottees to
the Applicants
Total No. of
Equity Shares allotted
Surplus/ (Deficit)
2,000 133 32.05 2,66,000 2.00 17,068 128.33 1,000 17:133 17,000 -68
3,000 33 7.95 99,000 0.74 6,353 192.50 1,000 6:33 6,000 -353
4,000 46 11.08 1,84,000 1.38 11,807 256.67 1,000 12:46 12,000 193
5,000 23 5.54 1,15,000 0.86 7379 320.84 1,000 7:23 7,000 -379
6,000 22 5.30 1,32,000 0.99 8,470 385.00 1,000 8:22 8,000 -470
7,000 6 1.45 42,000 0.32 2,695 449.17 1,000 3:6 3,000 305
8,000 12 2.89 96,000 0.72 6,160 513.34 1,000 6:12 6,000 -160
9,000 1 0.24 9,000 0.07 578 577.50 1,000 1:1 1,000 422
10,000 16 3.86 1,60,000 1.20 10,267 641.67 1,000 10:16 10,000 -267
11,000 6 1.45 66,000 0.50 4,235 705.84 1,000 4:6 4,000 -235
12,000 10 2.41 1,20,000 0.90 7,700 770.01 1,000 8:10 8,000 300
13,000 3 0.72 39,000 0.29 2,503 834.17 1,000 1:1 3,000 497
14,000 1 0.24 14,000 0.11 898 898.34 1,000 1:1 1,000 102
15,000 1 0.24 15,000 0.11 963 962.51 1,000 1:1 1,000 37
16,000 13 3.13 2,08,000 1.56 13,347 1,026.67 1,000 1:1 13,000 -347
20,000 8 1.93 1,60,000 1.20 10,267 1,283.34 1,000 1:1 8,000 -2,267
21,000 1 0.24 21,000 0.16 1,348 1,347.51 1,000 1:1 1,000 -348
24,000 2 0.48 48,000 0.36 3,080 1,540.01 2,000 1:1 4,000 920
25,000 2 0.48 50,000 0.38 3,208 1,604.18 2,000 1:1 4,000 792
26,000 2 0.48 52,000 0.39 3,337 1,668.34 2,000 1:1 4,000 663
27,000 1 0.24 27,000 0.20 1,733 1,732.51 2,000 1:1 2,000 267
28,000 1 0.24 28,000 0.21 1,797 1,796.68 2,000 1:1 2,000 203
29,000 1 0.24 29,000 0.22 1,861 1,860.85 2,000 1:1 2,000 139
33,000 1 0.24 33,000 0.25 2,118 2,117.51 2,000 1:1 2,000 -118
36,000 3 0.72 1,08,000 0.81 6,930 2,310.02 2,000 1:1 6,000 -930
37,000 1 0.24 37,000 0.28 2,374 2,374.18 2,000 1:1 2,000 -374
39,000 1 0.24 39,000 0.29 2,503 2,502.52 3,000 1:1 3,000 497
40,000 13 3.13 5,20,000 3.91 33,367 2,566.68 3,000 12:13 36,000 2,633
41,000 1 0.24 41,000 0.31 2,631 2,630.85 3,000 1:1 3,000 369
42,000 1 0.24 42,000 0.32 2,695 2,695.02 3,000 1:1 3,000 305
43,000 2 0.48 86,000 0.65 5,518 2,759.19 3,000 1:1 6,000 482
44,000 1 0.24 44,000 0.33 2,823 2,823.35 3,000 1:1 3,000 177
45,000 1 0.24 45,000 0.34 2,888 2,887.52 3,000 1:1 3,000 112
46,000 1 0.24 46,000 0.35 2,952 2,951.69 3,000 1:1 3,000 48
47,000 2 0.48 94,000 0.71 6,032 3,015.85 3,000 1:1 6,000 -32
50,000 6 1.45 3,00,000 2.25 19,250 3,208.36 3,000 1:1 18,000 -1,250
51,000 1 0.24 51,000 0.38 3,273 3,272.52 3,000 1:1 3,000 -273
52,000 1 0.24 52,000 0.39 3,337 3,336.69 3,000 1:1 3,000 -337
54,000 1 0.24 54,000 0.41 3,465 3,465.02 3,000 1:1 3,000 -465
56,000 1 0.24 56,000 0.42 3,593 3,593.36 4,000 1:1 4,000 407
60,000 2 0.48 1,20,000 0.90 7,700 3,850.03 4,000 1:1 8,000 300
63,000 1 0.24 63,000 0.47 4,043 4,042.53 4,000 1:1 4,000 -43
64,000 1 0.24 64,000 0.48 4,107 4,106.69 4,000 1:1 4,000 -107
68,000 1 0.24 68,000 0.51 4,363 4,363.36 4,000 1:1 4,000 -363
74,000 1 0.24 74,000 0.56 4,748 4,748.37 5,000 1:1 5,000 252
80,000 8 1.93 6,40,000 4.81 41,067 5,133.37 5,000 1:1 40,000 -1,067
88,000 1 0.24 88,000 0.66 5,647 5,646.71 6,000 1:1 6,000 353
1,00,000 1 0.24 1,00,000 0.75 6,417 6,416.71 6,000 1:1 6,000 -417
1,01,000 1 0.24 1,01,000 0.76 6,481 6,480.88 6,000 1:1 6,000 -481
1,12,000 1 0.24 1,12,000 0.84 7,187 7,186.72 7,000 1:1 7,000 -187
1,20,000 3 0.72 3,60,000 2.70 23,100 7,700.05 8,000 1:1 24,000 900
1,55,000 1 0.24 1,55,000 1.16 9,946 9,945.90 10,000 1:1 10,000 54
1,76,000 1 0.24 1,76,000 1.32 11,293 11,293.41 11,000 1:1 11,000 -293
2,00,000 2 0.48 4,00,000 3.01 25,667 12,833.42 13,000 1:1 26,000 333
3,00,000 2 0.48 6,00,000 4.51 38,500 19,250.13 19,000 1:1 38,000 -500
4,00,000 2 0.48 8,00,000 6.01 51,334 25,666.84 26,000 1:1 52,000 666
5,60,000 1 0.24 5,60,000 4.21 35,934 35,933.58 36,000 1:1 36,000 66
12,00,000 1 0.24 12,00,000 9.02 77,001 77,000.53 77,000 1:1 77,000 -1
20,00,000 2 0.53 40,00,000 30.05 2,56,662 1,28,334.21 1,28,000 1:1 2,56,000 -662

The Board of Directors of the Company at its meeting held on May 6,2017 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz. EMERGE Platform of National Stock Exchange of India Limited and authorized corporate action for allotment of shares in dematerialized form to various successful applicants. The CAN and allotment advice and/or notices shall be dispatched to the address of the Applicants as registered with the depositories / as filled in the application form on or before May 9, 2017. Further, the instructions to SCSBs shall be issued on May 6,2017 for unblocking of funds. 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. In case the same is not received within prescribed time, Investors may contact the registrar to the Issue at the address given below. The Company is taking steps to get the Equity Shares admitted for trading on the SME Platform of EMERGE Platform of National Stock Exchange of India Limited within six working days from the date of the closure of the Issue. The trading is proposed to commence on or before May 11,2017 subject to receipt of listing and trading approvals from National Stock Exchange.

INVESTORS PLEASE NOTE

The details of the allotment made will be hosted on the website of the Registrar to the Issue at www.satellitecorporate.com. 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:

SATELLITE CORPORATE SERVICES PVT LTD
B-302, Sony Apartment, Opp. St. Jude's High School, 90, Feet Road, Jarimari, Sakinaka, Mumbai-400072
Tel: +91 22 28520461; Fax: +91 22 28511809
Email: service@satellitecorporate.com; Website: www.satellitecorporate.com
Contact Person: Michael Monteiro; SEBI Registration No.: INR000003639

Date: May 6, 2017
Place: Surat, Gujarat
For Zota Health Care Limited
On behalf of the Board of Directors
Sd/-
Ketankumar Zota
Chairmen & Non Executive Director

Zota Health Care IPO Basis of Allotment FAQs

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

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

Visit the Zota Health Care IPO 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 Zota Health Care IPO. Note that there is a separate rule for allotment in each investor category (i.e. Retail, Non-Institutional, Institutional, Employee).