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ANG LIFESCIENCES INDIA LIMITED Our Company was originally incorporated as 'ANG Lifesciences India Private Limited' on June 14, 2016 with the Registrar of Companies, Punjab, Himachal Pradesh and Chandigarh as a private limited Company under the Companies Act, 1956. On conversion into public limited Company the name of our Company was changed to 'ANG Lifesciences India Limited' pursuant to Special resolution passed at the- Extra Ordinary General Meeting held on January 18, 2010 and a fresh Certificate of incorporation dated March 02, 2010 issued by thie Registrar of Companies. Punjab, Himachal Pradesh and Chandigarh. Our company was further converted into private limited Company and the name of our Company was changed to 'ANG Lifesciences India Private Limited' pursuant to special resolution passed at the Extra Ordinary General Meeting held on August 31, 2010 and a fresh certificate of incorporation was, issued by Registrar of Companies, Punjab. Himachal Pradesh and Chandigarh dated September 22, 2010 Subsequently, on conversion into public limited Company the name of our company again changed to 'ANG Lifesciences India Limited' pursuant to special resolution passed at the Extra Ordinary General Meeting held on May 04, 2016 and a fnesh certificate of incorporation dated May 18, 2016 Tel: +91 0183-5133455,5070118 PROMOTERS OF OUR COMPANY: MR. RAJESH GUPTA AND MRS. SARUCHI GUPTA BASIS OF ALLOTMENT 10.00 EACH OF ANG LIFESCIENCES INDIA LIMITED ('ANG' OR
'ALIL' OR 'THE COMPANY' THIS ISSUE IS BEING MADE IN TERMS OF CHAPTER XB OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2009 (THE 'SEBI (ICDR) REGULATIONS'), AS AMENDED. THIS ISSUE IS A FIXED PRICE ISSUE AND ALLOCATION IN THE NET 10 EACH AND THE ISSUE PRICE IS RS 80.00, The Equity Shares offered through the Prospectus are proposed to be listed on the SME Platform of BSE Limited. 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 May 02, 2017 from BSE Limiled ('BSE') for using its name in the Prospectus for listing of our shares on the SME Platform of BSE Limited. For The purpose of the Issue, the designated Stock Exchange will be the BSE The trading is proposed to be commenced on or about September 08, 2017, subject to receipt of listing and trading approvals from BSE Limited. process by providing the details of the respective SUBSCRIPTION DETAILS The Issue has received 5165 applications for 1,15,66,400 Equity Shares (Before Technical Rejections but after invalid bids and bids not banked/blocked) (including Market Maker Application of 76,800 Equity Shares) resulting in 7.71 times subscription. After considering, a Technical Rejection case, the issue was subscribed 7.61 times (including the Market Maker Portion). The details of the applications received in the issue (before technical rejections) are as follows:
The Basis of Allotment was finalized In consultation with the Designated Stock Exchange - BSE Limited on September 05, 2017. The Basis of Allotment to the Market Maker, at the Issue price of Rs 80
per Equity Share,
The Basis of Allotment to Other than Retail Individual Investors,
The Board of Directors of the Company at its meeting held on September 05, 2017 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz. BSE and has authorized the corporate' action for allotment of shares in dematerialized form to various successful applicants. The CAN and allotment advice and/or rejection letters are being dispatched to the address of the Applicants as registered with the depositories / as filled in the application form on September 06, 2017. Further, the instructions to Self Certified Syndicate Banks being processed on September 06, 2017. In case the same is not received within prescribed time, 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 concerned. The Company is taking steps to get the Equity Shares admitted for All capitalized terms used and not defined herein shall have Ihe respective meanings assigned to them in the Prospectus dated August 16,2017 ('Prospectus') INVESTORS PLEASE NOTE Big Share Services Private Limited at www.bigshareonline.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: www.bigshareonline.com
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 of ANG Lifesciences India 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 ANG Lifesciences IPO .
The ANG Lifesciences IPO basis of allotment (published above) tells you how shares are allocated to you in ANG Lifesciences IPO and category wise demand of IPO share.
Visit the ANG Lifesciences IPO allotment status page to check the number of shares allocated to your application.
In ANG Lifesciences 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 ANG Lifesciences IPO basis of allotment document to know how the shares are allocated in ANG Lifesciences IPO.
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