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AMRAPALI FINCAP AMRAPALI FINCAP LIMITED Our Company was originally incorporated as 'Akshar Entrtainment Private Limited' at Ahmadabad on November 04, 2004 with the registrar of Companies, Gujrat, Dadra & Nagar Haveli. The name of our company was changed to 'Amrapali Fincap Private Limited' on February 16, 2010. Subsequently our company was converted in to public limited company and name of our company was changed to Amrapali Fincap Limited on may 06, 2015 vide fresh certificate of incorporation. For further details in relation to the change in the name of our company and change in Registered office, please refer to the section titled 'History and Certain Corporate matters' begining on page 71 of the prospectus. The Corporate Identification number of our Company is U74999GJ2004PLC044988. Registerd Office: 19/02/21, Narayan Chambers , 3rd Floor, B/h Patang
Hotel, Ashram Road, Ahmedabad - 380009 PUBLIC ISSUE OF 35,40,000 EQUITY SHARE OF FACE VALUE RS 10/- EACH OF AMRAPALI FINCAP LIMITED ('AFL' OR THE 'COMPANY' OR THE 'ISSUER') FOR CASH AT A PRICE OF RS. 120/- PER SHARE, (THE 'ISSUE PRICE'), INCLUDING A SHARE PREMIUM OF RS. 110 PER EQUITY SHARE AGGREGATING TO RS. 4248.00 LACS ('THE ISSUE') OF WHICH 1,77,600 EQUITY OF RS. 10 EACH WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER TO THE ISSUE THE 'MARKET MAKER RESERVATION PORTION'). THE ISSUE LESS THAN MARKET MAKER RESERVATION PORTION i.e. ISSUE OF 33,62,400 EQUITY SHARES OF FACE VALUE OF RS 10 EACH FOR CASH AT APRICE OF RS.120 AGGREGATING TO RS. 4034.88 LACs IS HEREINAFTER REFFERED TO AS THE 'NET ISSUE'. THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 26.34% AND 25.02%, rESPECTIVELY OF THE POST ISSUE PAID UP EQUITY CAPITAL OF THE COMPANY. In terms of Prospectus dated 14 july, 2015 and as per Regulations 43(4) of SEBI (ICDR) Regulations, 2009 wherein a minimu of 50% of the net offer to Public shall be intially made available for allotment 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. b) other investors icluding 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 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. 120/- EACH. THE ISSUE PRICE IS 12 {TWELVE) TIMES OF THE FAC E VALUE. ISSUE OPENED ON 20TH JULY, 2015 AND CLOSED ON 22ND JULY, 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 July 13,2015 from BSE for using its name in the offer document for listing of our Shares on the SME platform of BSE. The designated slock 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'). The Issue has received 987 applications for 39,67,200 Equity Shares {Including Market Maker Application of 1,77,600 Equity Shares) resulting 1.1207 time Subscription. The details Of the applications received in the Issue {before technical rejections) are as follows: Details of the valid Applications Received (Before Technical Rejection & withdrawal of application but after cheque return):
The details of applications rejected by the Registrar on technical grounds (including withdrawals) are detailed below:
Detail of the Application & Received (After Technical Rejection & withdrawl):
ALLOCATlON: The Basis of Allotment was finalized in consultalion with the Designated Stock Exchange - BSE Limited on 31 st July 2015. A. Allocation to Market Maker (After Technical Rejections & Withdrawal): The Basis of Allotment to the Market Maker, at the issue price of Rs. 120/- per Equity Share, was finalised in consultation with BSE Limited, The category was subscribed by 1.00 time The total number of shares allotted in this category is.1,77,600 Equity shares in full out of reserved portion of 1,77,600 Equity Shares. B. Allocation to Retail Individual Investors (After Technical Rejections & Withdrawal): The Basis of Allotment to the Retail Individual Investors, at the issue price of Rs. 120/- per Equity Share, was finalised in consultation with BSE Limited. The category was subscribed by 0.6724 times. Total number af shares allotted in this category is 11,30,400;
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. 120/- per Equity Share, was finalized in consultation with BSE Limited, The category was subscribed by 1.3333 times. Total number of shares allotted in this calegory is 22,32,000 including unsubscribed portion of 5,50,800 Equity Shares of Retail Individual Investors. The category wise basis of allotment is as under.
The Board of Directors of the Company at its meeting held on 3rd August 2015 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 allotmenl of the Equity Shares in dematerialized form 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 4th August, 2015. Further, the instructions to Self Certified Syndicate Banks being processed on 3rd, August, 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 wiih 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 5th August, 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 of the Registrar to the Issue, Satellite Corporate Services Pvt. Ltd at www.satellitecorporate.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: SATELLITE CORPORATE SERVICES PVT LIMITED
THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE EQUITY SHARES ON LISTING OR THE BUSINESS PROSPECTS AMRAPALI FINCAP LIMITED. Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectus. |
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 Fincap IPO .
The Amrapali Fincap IPO basis of allotment (published above) tells you how shares are allocated to you in Amrapali Fincap IPO and category wise demand of IPO share.
Visit the Amrapali Fincap IPO allotment status page to check the number of shares allocated to your application.
In Amrapali Fincap 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 Fincap IPO basis of allotment document to know how the shares are allocated in Amrapali Fincap IPO.
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