FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
AMRAPALI CAPITAL AND FINANCE SERVICES LIMITED
Our Company was originally incorporated h Ahrnedabad as 'Amrapali Capilal and Finance Services Limited' on 20lh May. 1994 under the Companies Act, 1956 vide Certficate of Incorporation issued by the Registrar ot Companies, Gujarat. Dadra and Nagar Haveli For further details of our Company, please reflet to the chapters titled 'General Information' and 'History and Certian Corporate Mailer' beginning on page 33 and 84 respectively, of the Prospectus. Registered Office; Shop No.3 Ground Floor. Ashoka
Complex. B/h Woodland Hotel. Naroli Cross Road. Silvasa. Dadra Nagar Haveli 396230.; BASIS OF ALLOTMENT PUBLIC ISSUE OF 25,77,600 EQUITY SHARES OF RS 10 EACH ('EQUITY SHARES') OF AMRAPALI CAPITAL AND FINANCE SERVICES LIMITED THE 'COMPANY' OR THE 'ISSUER') FOR CASH AT A PRICE OF 100 PER EQUITY SHARE {THE 'ISSUE PRICE'), INCLUDING A SHARE PREMIUM OF RS 90 PER EQUITY SHARE, AGGREGATING RS 2577.60 LACS ('THE ISSUE'), OF WHICH 1,29,600 EQUITY SHARES QF RS 10 EACH 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 24,48,000 EQUITY SHARES OF RS 10 EACH FOR CASH AT A PRICE OF RS 100 PER EQUITY SHARE AGGREGATING RS 2448.00 LACS IS HEREINAFTER REFEREOTO AS THE 'NET ISSUE'. THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 26.36% AND 25.03% RESPECTIVELY OF THE FULLY DILUTED POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY. This being a Fixed Price Issue and in terms of Prospedus daled 9th October, 2013 and as per Regulation 43 (4) of SEBI (ICOR) Regulations, 2009 wherein a Minimum of 50 % of the Nat Offer to Public shal be made avaiabls 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 the 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 relail individual investor is entitled to more than fifty percent, on proportionate basis, the retail individual investors shall be allocated thai higher percentage. THE FACE VALUE OF THE EQUITY SHARES IS RS.10/- EACH AND THE ISSUE PRICE IS RS. 100 EACH. THE ISSUE PRICE IS 10.00 TIMES OF THE FACE VALUE. ISSUE OPENED ON OCTOBER 15,2013 AND CLOSED ON OCTOBER 18,2013. PROPOSED LISTING The Equity Shares offered through the Prospectus are proposed to be listed on the SME platform of BSE Limited ('BSE') in, terns of the chapter XB of the SEBI (ICDR) Regulations, 2009 as amended from time to time, We are not required to obtain an in-prnciple approval of the shares being offered in this Issue. However Our Company has received an approval letter dated 20TH SEPTEMBER. 2013 from BSE for using its. name in the offer document for listing of our Equriy Shares on tne SME platform of BSE. The designated stock exchange is BSE Limited. The tradhg is proposed to be commenced on or before November 01,2013* *Subject to the receipt of the listing and trading approvals from the BSE Limited All Applicant 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 py Self Certified Syndicate Banks (the 'SCSBs'). SUBSCRIPTION DETAILS The Issue has recived 1397 applications for 34,94.400 Equity Shares (including Market Maker Application of 1,29,600 Equity Shares) resulting 1.3556 times subscription. After considering, cheque return cases of 9 applications of 10800 Equity Shares, the Issue was subscribed 1.3515 times. The details of the applications received in the Issue (before technical rejections) are as follows: Detail of the Applications Received (Before Technical Rejection and withdrawal of application);
The details of applications rejected by the Registrar on technical grounds {including withdrawals) are detailed below:
Details of the Applications Received (After Technical Rejection & withdrawal):
In the event of over subscription, the allotment will be made on proportionate basis in the marketable lots. There was over subscription of 3,88,800 equity shares in retail category and an over subscription, of 4,89,600 equity shares in non-retail category. ALLOCATION: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - BSE Limited on 25th October. 2013. A. Allocation to Market Maker (After Technical Rejections & Withdrawal); The Basis of Allotment to the Market Maker, at the issue price of Rs.100/- per Equity Share, was finalised in consultation with BSE. The category was subscribed by 1.00 times. Tha total number of shares allotted n this category is 1,29,600 Equity shares in full out of reserved portion of 1,29,600 Equity Shares. B. Allocation to Retail Individual Investors (After Technical Rejections & Withdrawal): The Basis ofAllotmem to the Retail Individual Investors, at the Issue price of Rs, 100/- per Equity Share, was finalized in consultation with BSE. The category was subscribed by 1.3176 times. Total number of shares allotted in this category is 12,24,000 Equity Shares The category wise details of the basis of allotmenl are as under
C. Allocation to Non Retail Investors (After Technical Rejections & Withdrawal): The Basis of Allolment to the Non Retail Investors, at the issue price of Rs. 100/- per Equity Share, was finalized in consultation with BSE. The category was subscribed by 1.40 times. Total number of shares allotted in Ihis category is 1224000 Equity Shares including additional Equiiy Shares for the purpose of rounding off to the nearest multiple of 1200 Equity Shares (Lot Size). The category wise basis of allotment is as under:
The Board of Directors of the Company at its meeting held on October 29,2013 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 Equiiy 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 depositors/as filled in the application term on or before 31 st October, 2013. Further, the instructions to Self Certified Syndicate Banks being processcc on or prior te 30th October, 2013. In case tha same is not received within 10 days, investors may contact at the address given below. The Equiiy Shares allocated to successful applicants are being credited to their beneficiary account subject to validation of the account details with the depositories concerned. The Company is taking steps to get the Equity Shares admitied for trading on the SME Platform of BSE Limited within Twelve working days from the date of the closure of the Issue. INVESTORS PLEASE NOTE SATELLITE CORPORATE SERVICES PVT LIMITED
|
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 Amrapali Capital IPO .
The Amrapali Capital IPO basis of allotment (published above) tells you how shares are allocated to you in Amrapali Capital IPO and category wise demand of IPO share.
Visit the Amrapali Capital IPO allotment status page to check the number of shares allocated to your application.
In Amrapali Capital 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 Amrapali Capital IPO basis of allotment document to know how the shares are allocated in Amrapali Capital IPO.
Useful Articles
Rs 0 Account Opening Fee
Free Eq Delivery & MF
Flat ₹20 Per Trade in F&O
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
|