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January 31, 2014 - February 4, 2014

Agrimony Commodities IPO Basis of Allotment

AGRIMONY COMMODITIES LIMITED

Incorporation dated August 6, 1991 issued by the Registrar of Companies, Maharashtra Further, the name of our Company was changed to 'Transparent Commodities Private Limited' pursuant to a Fresh Certificate of Incorporation dated March 17, 2011 issued by the Registrar of Companies, Maharashtra. Subsequently, our Company was converted into a public limited company and the name of our Company was changed to 'Transparent Commodities Limited' pursuant to a Fresh Certificate of Incorporation dated August 7, 2013 issued by the Registrar of Companies, Maharashtra. The name of our Company was further changed to 'Agrimony Commodities Limited' pursuant to a Fresh Certificate of Incorporation dated August 7, 2013 issued by the Registrar of Companies, Maharashtra. Our corporate identification number is U74999MH1991PLC062821. For further details of our Company, please refer to the chapters titled 'General Information' and 'History and Certain Corporate Matters' beginning on page numbers 29 and 78, respectively, of the Prospectus.

Registered Office: 701, 7th Floor, Kingston, Tejpal Road, Vile Parle (E), Mumbai - 400057, Maharashtra Tel: +91 22 2612 4294, Fax: +91 22 2612 4294, Website: www.agrimonycommodities.com, E-mail: compliance@agrimonycommodities.com Company Secretary and Compliance Officer Mr. Shailesh Vallabhbhai Rakhasiya

OUR PROMOTER: MR. JAIRAJ V. BAFNA AND MR. ANANDRAO B. GOLE

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 30,20,000 EQUITY SHARES OF FACE VALUE OF RS 10 EACH ('EQUITY SHARES') OF AGRIMONY COMMODITIES LIMITED (THE 'COMPANY' OR THE 'ISSUER') FOR CASH AT PAR, AGGREGATING RS 302.00 LACS ('THE ISSUE'), OF WHICH 1,60,000 EQUITY SHARES OF RS 10 EACH FOR CASH AT PAR, AGGREGATING RS 16.00 LACS WILL BE RESERVED FOR SUBSCRIPTION BY THE MARKET MAKERS TO THE ISSUE (THE 'MARKET MAKER RESERVATION PORTION'). THE ISSUE LESS MARKET MAKER RESERVATION PORTION I.E. ISSUE OF 28,60,000 EQUITY SHARES OF RS 10 EACH FOR CASH AT PAR AGGREGATING RS 286.00 LACS IS HEREINAFTER REFERED TO AS THE 'NET ISSUE'. THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 26.51% AND 25.11% RESPECTIVELY OF THE FULLY DILUTED POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY.

THIS BEING A FIXED PRICE, AS PER SUB CLAUSE (4) OF REGULATION 43 OF THE SEBI (ICDR) REGULATIONS, 2009 AS AMENDED (THE 'SEBI REGULATIONS'), OUT OF THE NET OFER OF 60,00,000 EQUITY SHARES, NOT LESS THAN 50% SHALL BE AVALABLE TO RETAIL INDIVIDUAL INVESTORS AND THE REMAINING TO INDIVIDUAL APPLICANTS OTHER THAN RETAIL INVESTORS AND OTHER INVETORS INCLUDING CORPORATE BODIES OR INSTITUTIONS IRRESPECTIVE OF THE NUMBER OF SHARES APPLIED FOR. IF THE RETAIL INDIVIDUAL INVESTOR CATEGORY IS ENTITLED TO MORE THAN 50% ON PROPORATIONATE BASIS, THEY SHALL BE ALLOTTED THAT HIGHER PERCENTAGE.

THE FACE VALUE OF THE EQUITY SHARES IS RS 10 EACH AND THE ISSUE PRICE OF RS 10 IS 1 TIME OF THE FACE VALUE

ISSUE OPENED ON FRIDAY, JANUARY 31, 2014 AND CLOSED ON TUESDAY, FEBRUARY 04, 2014 PROPOSED LISTING: TUESDAY, FEBRUARY 18, 2014*

The Equity Shares offered through this 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, we are not required to obtain an in-principal listing approval for the shares being offered in this Issue. However, our Company has received an approval letter dated January 21, 2014 from BSE for using its name in this Prospectus for listing of our Equity Shares on the SME Platform of BSE. For the purpose of this Issue, BSE shall be the Designated Stock Exchange. The trading is proposed to be commenced with effect from Tuesday, February 18, 2014*.

'Subject to receipt of listing and trading approvals from the BSE Limited.

All Applicants were allowed to participate in 1he 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 198 applications for 40,60,000 Equity Shares resulting in 1.34 times subscription (including reserved portion of Market Maker). The details of the applications received in the Issue (before technical rejections and after cheque returns) are as follows:
Detail of the Applications Received (Before Technical Rejection)

Category No. of
Applications
% No. of
Equity Shares
% Subscription
Market Maker 1 0.51 160000 3.94 1.00
Retail Individual Applicant 184 92.93 2600000 64.04 1.82
Non Institutional Applicant 13 6.57 1300000 32.02 0.91
Total 198 100.00 4060000 100.00 1.34

The details of applications rejected by the Registrar on technical grounds / withdrawal are detailed below:
Technical rejection / Withdrawal

CATEGORY NO. OF
APPLICATIONS
NO. OF
EQUITY SHARES
Market Maker Nil Nil
Retail Individual Applicant 26 510000
Non Institutional Applicant Nil Nil
Total 26 510000

After eliminating Technically Rejected applications, the following table gives the details of Category wise net valid applications: After technical rejections

CATEGORY NO. OF APPLICATIONS % NO. OF
EQUITY SHARES (VALID)
% SUBSCRIPTION NO. OF
EQUITY SHARES (ALLOTED)
Market Maker 1 0.58 160000 4.51 1.00 160000
Retail Individual Applicant 158 91.86 2090000 58.87 1.18 1770000
Non Institutional Applicant 13 7.56 1300000 36.62 1.19 1090000
Total 172 100.00 3550000 100.00 1.18 3020000

The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - BSE Limited on February 12, 2014.

A. Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the issue price of Rs. 10/- per Equity Share, was finalised in consultation with BSE. The category was subscribed by 1.00 times. The total number of shares allotted in this category is 1,60,000 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. 10/- per Equity Share, was finalised in consultation with BSE. The category was subscribed by 1.18 times. The total number of shares allotted in this category is 17,70,000 Equity Shares.

* The retail category has applied lor 61.65% of the valid applications under the net offer to public and hence they have been allotted that higher percentage.
The Category-wise details of the Basis of Allotment are as under:

No. of Shares applied for (Category wise) No. of Applications Received % to total Total No. of Shares Applied in each category % of total Proportionate Shares Available Allocation Per Applicant
Before Rounding Off
Allocation Per Applicant
After Rounding Off
Ratio of Allottees to Applicants Total No. of Shares Allotted Surplus/ Defecit
10000 107 67.72 1070000 51.20 906172 8468.90 10000 17:20 910000 3828
20000 51 32.28 1020000 48.80 863828 16937.80 20000 16:19 860000 -3828
Total 158 100.00 2090000 100.00 1770000 17,70,000 0

C. Allocation to Other than Retail Individual Investors (After Technical Rejections): The Basis of Allotment to the Other than Retail Individual Investors, at the issue price of Rs. 10/-per Equity Share, was finalised in consultation with BSE. The category was subscribed 1.19 times. The total number of shares allotted in this category is 10,90,000 Equity Shares.

* The non-retail category has applied for 38.35% of the valid applications under the net offer to public.
The Category-wise details of the Basis of Allotment are as under:

No. of Shares applied for (Category wise) No. of Applications Received % to total Total No. of Shares Applied in each category % of total Proportionate Shares Available Allocation Per Applicant
Before Rounding Off
Allocation Per Applicant
After Rounding Off
Ratio of Allottees to Applicants Total No. of Shares Allotted Surplus/ Defecit
30000 5 38.46 150000 11.54 125769 25153.85 30000 1:1 150000 24231
50000 4 30.77 200000 15.38 167692 41923.08 40000 1:1 160000 -7692
100000 3 23.08 300000 23.08 251538 83846.15 80000 1:1 240000 -11538
650000 1 7.69 650000 50.00 545000 545000.00 540000 1:1 540000 -5000
Total 13 100.00 1300000 100.00 10,90,000 1090000 0

The Board of Directors of the Company at its meeting held on February 12, 2014 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz. BSE Limited and has authorized the corporate action for the transfer of the Equity Shares 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 on February 14, 2014. Further, the instructions to Self Certified Syndicate Banks have been dispatched on or prior to February 14, 2014. In case the same is not received within 10 days, investors may contact at the address given below. Refunds have been made through Direct credit, RTGS and NEFT, into the Bank Accounts of the applicants, as registered with the depositories. For other applicants Refund Orders have been dispatched to their address as registered with the depositories. In case the same is not received within ten days, investors may contact at the address given below. The Refund Orders have been over-printed with the Bank Mandate details as registered, if any, with the depositories. 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.

Note: All capitalized terms used and not defined herein shall have the respective meaning assigned to them in the Prospectus dated January 22, 2014 ('Prospectus').

INVESTORS PLEASE NOTE

The details of the allotment made would also be hosted on the website of the Registrar to the Issue, PURVA SHAREGISTRY (INDIA) PRIVATE LIMITED at www.purvashare.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:

REGISTRAR TO THE ISSUE
PURVA SHAREGISTRY (INDIA) PRIVATE LIMITED

No. 9, Shiv Shakti Ind. Estate, Gr. Floor, J. R. Boricha Marg, Lower Parel, Mumbai-400 011
Tel: +91 22 2301 6761/8261; Fax: +91 22 2301 2517
Website: www.purvashare.com; Email: busicomp@vsnl.com
SEBIRegn No. INR000001112
Contact Person: Mr. Rajesh Shah

Place: Mumbai
Date : February 15, 2014

For Agrimony Commodities Limited
On behalf of the Board of Directors
Sd/-
MR. ANANDRAO B. GOLE
Managing Director

Agrimony Commodities IPO Basis of Allotment FAQs

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 Agrimony Commodities IPO .

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

Visit the Agrimony Commodities IPO allotment status page to check the number of shares allocated to your application.

In Agrimony Commodities 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 Agrimony Commodities IPO basis of allotment document to know how the shares are allocated in Agrimony Commodities IPO.