FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
B&B Triplewall Containers Limited |
(CIN: U21015KA2011PLC060106) |
Our Company was originally incorporated as "MNM Triplewall Containers Private Limited" at Bangalore, Karnataka on August 23, 2011, as a private limited company under the provisions of the Companies Act, 1956 with the Registrar of Companies, Karnataka, bearing Corporate Identification Number U21015KA2011PTC060106. The name of our Company was changed to B&B Triplewall Containers Private Limited pursuant to Fresh Certificate of Incorporation consequent on change of name dated May 02, 2018. Subsequently, our Company was converted into Public Limited Company pursuant to Shareholders resolution passed at the Extraordinary General Meeting of our Company held on May 14, 2018 and the name of our Company was changed to "B&B Triplewall Containers Limited" and a Fresh Certificate of Incorporation consequent upon conversion of Company to Public Limited dated June 13, 2018 was issued by Registrar of Companies, Karnataka, being Corporate Identification Number U21015KA2011PLC060106.
Registered Office: Sy. No. 263/2/3, Marsur Madivala, Kasaba Hobli Anekal Taluk Bangalore - 562106, Karnataka, |
Tel.: +91-080-27827028; Fax: N.A; E-mail: cs@boxandboard.in; Website: www.boxandboard.in; |
Contact Person: Ms. Rashi Agrawal, Company Secretary and Compliance Officer |
PROMOTERS OF OUR COMPANY: MR. MANISH KUMAR GUPTA, MR. RAVI AGARWAL, MR. ALOK AGARWAL, MR. MANISH BOTHRA, MR. AMIT AGARWAL, MR. SIDHARTH AGARWAL, MR. NISHANT BOTHRA |
BASIS OF ALLOTMENT |
PUBLIC ISSUE OF 55,53,000 EQUITY SHARES OF RS.10.00 EACH ("EQUITY SHARES") OF B&B TRIPLEWALL CONTAINERS LIMITED ("BBTCL" OR THE "COMPANY") FOR CASH AT A PRICE OF RS. 36.00 PER EQUITY SHARE, INCLUDING A SHARE PREMIUM OF RS. 26.00 PER EQUITY SHARE (THE "ISSUE PRICE"). AGGREGATING RS. 1,999.08 LAKH ("THE ISSUE"), OF WHICH 2,79,000 EQUITY SHARES OF FACE VALUE OF RS. 10.00 EACH FOR CASH AT A PRICE OF RS. 36.00 PER EQUITY SHARE. AGGREGATING RS. 100.44 LAKH WILL BE RESERVED FOR THE MARKET MAKER TO THE ISSUE (THE "MARKETMAKER RESERVATION PORTION"). THE PUBLIC ISSUE LESS MARKET MAKER RESERVATION PORTION I.E. NET ISSUE TO PUBLIC WILL BE 52,74,000 EQUITY SHARES OF FACE VALUE OF RS. 10.00 EACH FOR CASH ATA PRICE OF RS. 36.00 PER EQUITY SHARE. AGGREGATING RS. 1,898.64 LAKH IS HEREINAFTER REFERED TO AS THE "NET ISSUE". THE PUBLIC ISSUE AND THE NET ISSUE WILL CONSTITUTE 27.07% AND 25.71%. RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY.
THE FACE VALUE OF THE EQUITY SHARES IS Rs. 10.00 EACH AND THE ISSUE PRICE IS Rs. 36.00 EACH THE ISSUE PRICE IS 3.6 TIMES OF THE FACE VALUE. |
OPENS ON: FRIDAY, SEPTEMBER 28, 2018 |
CLOSES ON: FRIDAY, OCTOBER 05, 2018 |
PROPOSED LISTING: MONDAY, OCTOBER 15, 2018* |
* Subject to receipt of Listing and Trading Approval from the National Stock Exchange of India Limited.
LISTING: The Equity Shares of our Company offered through this 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 September 19, 2018 from NSE for using its name in this offer document for listing our shares on the EMERGE Platform of NSE. For the purpose of this issue. EMERGE Platform of National Stock Exchange of India Limited will be the Designated Stock Exchange.
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").
SUBSCRIPTION DETAILS
The issue has received 387 applications for 57,69,000 Equity Shares (before technical rejections, before bids not banked but after invalid Multiple/Duplicate bids) including Market Making Application of 2,79,000 Equity Shares. The issue was subscribed to the to the extent of 1.04 times as per the application data. The details of the applications received in the issue (before technical rejections but after bids not banked) is as follows:
Detail of the Applications Received (Before Technical Rejection):
CATEGORY | NUMBER OF APPLICATIONS | % TO TOTAL | NUMBER OF EQUITY SHARES | % TO TOTAL | SUBSCRIPTION TIMES |
Retail Individual Investors | 239 | 63.73 | 7,17,000 | 12.72 | 0.27 |
Other than Retail Individual Investors | 134 | 35.73 | 46,41,000 | 82.33 | 1.76 |
Market Makers | 2 | 0.53 | 2,79,000 | 4.95 | 1 00 |
Total | 375 | 100.00 | 56,37,000 | 100.00 | 1.02 |
The details of applications rejected by the Registrar on technical grounds (including withdrawal) are detailed below:
CATEGORY | NUMBER OF APPLICATIONS | NUMBER OF EQUITY SHARES |
Retail Individual Investors | 2 | 6,000 |
Other than Retail Individual Investors | NIL | NIL |
Market Makers | NIL | NIL |
Total | 2 | 6,000 |
After eliminating technical rejected applications, the following tables give us category wise net valid applications:
Category | Number of Applications | % to Total | Reserved Portion (as per Prospectus) | Proportionate e-lssue Size (as per Prospectus) | Proportionate Issue Size (as per Prospectus) | No. of Valid Shares applied | % of Total Applied | Revised * Subscription (Times) |
Retail Individual Investor's | 237 | 63.20 | 26,37,000 | 26,37,000 | 7,11.000* | 7,11,000 | 12.63 | 0.27 |
Other than Retail Individual Investor's | 134 | 35.73 | 26,37,000 | 26,37,000 | 45,63,000* | 46,41,000 | 82.42 | 1.76 |
Martel Maker | 2 | 0 53 | 2,79,000 | 2,79,000 | 2,79,00 | 2,79,00 | 4.95 | 1.00 |
Total | 373 | 100.00 | 55,53,000 | 55,53,000 | 55,53,000 | 56,31,000 | 100.00 | 1.01 |
* includes original reservation of 26,37,000 Equity shares and spill over of the unsubscribed portion from Retail Individual Investors Category of 19,26,000 Equity shares.
ALLOCATION: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - National Stock Exchange of India Limited on October 11, 2018
A. Allocation to Market Maker (After Technical Rejections & Withdrawal): The Basis of Allotment to the Market Maker, at the issue price of Rs. 36.00 per Equity Share, was finalised in consultation with National Stock Exchange of India Limited. The category was subscribed by 1 time. The total number of shares allotted in this category is 2,79,000 Equity shares.
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 Equity Shares applied in this category | % of total | Proportionate Shares Available | Allocation per Applicant (Before Rounding Off) | Allocation per Applicant (After Rounding Off) | Ratio of Allottees Applicant: Ratio 1 | Ratio of Allottees Applicant: Ratio 2 | Number of Successful applicants (after rounding off) | Total No. of Equity Shares allocated/ allotted | No. of Shares Surplus/ Deficit |
138000 | 1 | 50.00 | 1,38,000 | 49.46 | 1,38,000 | 1,38,000 | 1,38,000 | 1 | 1 | 1 | 1,38,000 | - |
141000 | 1 | 50 00 | 1,41,000 | 50.54 | 1,41,000 | 1,41,000 | 1,41,000 | 1 | 1 | 1 | 1,41,000 | - |
TOTAL | 2 | 100.00 | 2,79,000 | 100.00 | 2,79,000 | 2,79,000 | 2,79,000 | 2 | 2,79,000 | - |
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. 36.00 per Equity Share, was finalized in consultation with National Stock Exchange of India Limited. The category was subscribed by 0.27 times i.e. for 7,11,000 Equity Shares Total number of shares allotted in this category is 7,11,000 Equity Shares to 237 successful applicants.
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 Equity Shares applied in this category | % of total | Proportionate Shares Available | Allocation per Applicant (Before Rounding Off) | Allocation per Applicant (After Rounding Off) | Ratio of Allottees Applicant: Ratio 1 | Ratio of Allottees Applicant: Ratio 2 | Number of Successful applicants (after rounding off) | Total No. of Equity Shares allocated/ allotted | No. of Shares Surplus.* Deficit |
3,000 | 237 | 100.00 | 7,11,000 | 100.00 | 26,37,000 | 11,126,58 | 3,000 | 1 | 1 | 237 | 7,11,000 | (19,26,000) |
C. Allocation to Other than Retail Individual Investors (After Technical Rejections & Withdrawal): The Basis of Allotment to Other than Retail Individual Investors, at the issue price of Rs. 36.00 per Equity Share, was finalized in consultation with National Stock Exchange of India Limited. The category was subscribed by 1.02 times i.e for 4,641,000 shares. The total number of shares allotted in this category is 45,63,000 Equity Shares to 134 successful applicants.
No. of Shares Applied for (Category wise) | No. of Applications received | % to total | Total No. of Equity Shares applied in this category | % of total | Proportionate Shares Available | Allocation per Applicant (Before Rounding ON) | Allocation per Applicant (After Rounding Off) | Ratio of Allottees Applicant: Ratio 1 | Ratio of Allottees Applicant: Ratio 2 | Number of Successful applicants (after rounding oN) | Total No. of Equity Shares allocated/ allotted | No. of Shares Surplus/ Deficit |
6,000 | 22 | 16.42 | 1,32,000 | 2.84 | 1,29,782 | 5,899.16 | 3,000 | 1 | 1 | 22 | 66,000 | (63,782) |
3,000 | 21 | 22 | 63,000 | 63,000 | ||||||||
9,000 | 15 | 11.19 | 1,35,000 | 2.91 | 1,32,731 | 8,848.74 | 6,000 | 1 | 1 | 15 | 90,000 | (42,731) |
3,000 | 14 | 15 | 42,000 | 42,000 | ||||||||
12,000 | 7 | 5.22 | 84,000 | 1.81 | 82,588 | 11,798.32 | 9,000 | 1 | 1 | 7 | 63,000 | (19,588) |
3,000 | 6 | 7 | 18,000 | 18,000 | ||||||||
15,000 | 48 | 35.82 | 7,20,000 | 15.51 | 7,07,899 | 14,747.90 | 12,000 | 1 | 1 | 48 | 5,76,000 | (1,31,899) |
3,000 | 11 | 12 | 1,32,000 | 1,32,000 | ||||||||
18,000 | 1 | 0.75 | 18,000 | 0.39 | 17,697 | 17,697.48 | 18,000 | 1 | 1 | 1 | 18,000 | 303 |
21,000 | 2 | 1.49 | 42,000 | 0.90 | 41,294 | 20,647.06 | 21,000 | 1 | 1 | 2 | 42,000 | 706 |
24,000 | 4 | 2.99 | 96,000 | 2.07 | 94,387 | 23,596.64 | 21,000 | 1 | 1 | 4 | 84,000 | (10,387) |
3,000 | 3 | 4 | 9,000 | 9,000 | ||||||||
27,000 | 2 | 1.49 | 54,000 | 1.16 | 53,092 | 26,546.22 | 27,000 | 1 | 1 | 2 | 54,000 | 908 |
30,000 | 7 | 5.22 | 2,10,000 | 4.52 | 2,06,471 | 29,495.80 | 27,000 | 1 | 1 | 7 | 1,89,000 | (17,471) |
3,000 | 6 | 7 | 18,000 | 18,000 | ||||||||
36,000 | 2 | 1.49 | 72,000 | 1.55 | 70,790 | 35,394.96 | 36,000 | 1 | 1 | 2 | 72,000 | 1,210 |
42,000 | 1 | 0.75 | 42,000 | 0.90 | 41,294 | 41,294.12 | 42,000 | 1 | 1 | 1 | 42,000 | 706 |
48,000 | 1 | 0.75 | 48,000 | 1.03 | 47,193 | 47,193.28 | 48,000 | 1 | 1 | 1 | 48,000 | 807 |
51,000 | 2 | 1.49 | 1,02,000 | 2.20 | 1,00,286 | 50,142.86 | 48,000 | 1 | 1 | 2 | 96,000 | (4,286) |
3,000 | 1 | 2 | 3,000 | 3,000 | ||||||||
54,000 | 1 | 0.75 | 54,000 | 1.16 | 53,092 | 53,092.44 | 54,000 | 1 | 1 | 1 | 54,000 | 908 |
60,000 | 1 | 0.75 | 60,000 | 1.29 | 58,992 | 58,991.60 | 60,000 | 1 | 1 | 1 | 60,000 | 1,008 |
66,000 | 1 | 0.75 | 66,000 | 1.42 | 64,891 | 64,890.76 | 66,000 | 1 | 1 | 1 | 66,000 | 1,109 |
69,000 | 2 | 1.49 | 1,38,000 | 2.97 | 1,35,681 | 67,840.34 | 66,000 | 1 | 1 | 2 | 1,32,000 | (3,681) |
3,000 | 1 | 2 | 3,000 | 3,000 | ||||||||
72,000 | 2 | 1.49 | 1,44,000 | 3.10 | 1,41,580 | 70,789.92 | 69,000 | 1 | 1 | 2 | 1,38,000 | (3,580) |
3,000 | 1 | 2 | 3,000 | 3,000 | ||||||||
75,000 | 2 | 1.49 | 1,50,000 | 3.23 | 1,47,479 | 73,739.50 | 72,000 | 1 | 1 | 2 | 1,44,000 | (3,479) |
3,000 | 1 | 2 | 3,000 | 3,000 | ||||||||
1,38,000 | 4 | 2.99 | 5,52,000 | 11.89 | 5,42,723 | 1,35,680.67 | 1,35,000 | 1 | 1 | 4 | 5,40,000 | (2,723) |
3,000 | 1 | 4 | 3,000 | 3,000 | ||||||||
1,41,000 | 1 | 0.75 | 1,41,000 | 3.04 | 1,38,630 | 1,38,630.25 | 1,38,000 | 1 | 1 | 1 | 1,38,000 | (630) |
1,98,000 | 1 | 0.75 | 1,98,000 | 4.27 | 1,94,672 | 1,94,672.27 | 1,95.000 | 1 | 1 | 1 | 1,95,000 | 328 |
2,10,000 | 1 | 0.75 | 2,10,000 | 4.52 | 2,06,471 | 2,06,470.59 | 2,07,000 | 1 | 1 | 1 | 2,07,000 | 529 |
2,19,000 | 1 | 0.75 | 2,19,000 | 4.72 | 2,15,319 | 2,15,319.33 | 2,16,000 | 1 | 1 | 1 | 2,16,000 | 681 |
2,76,000 | 1 | 0.75 | 2,76,000 | 5.95 | 2,71,361 | 2,71,361.34 | 2,70,000 | 1 | 1 | 1 | 2,70,000 | (1,361) |
2,79,000 | 1 | 0.75 | 2,79,000 | 6.01 | 2,74,311 | 2,74,310.92 | 2,73,000 | 1 | 1 | 1 | 2,73,000 | (1,311) |
3,99,000 | 1 | 0.75 | 3,99,000 | 8.60 | 3,92,294 | 3,92,294.12 | 3,93,000 | 1 | 1 | 1 | 3,93,000 | 706 |
TOTAL | 134 | 100.00 | 46,41,000 | 100.00 | 45,63,000 | 134 | 45,63,000 | 0 |
The Board of Directors of the Company at its meeting held on October 11,2018 has approved the Basis of Allocation of Equity Shares as approved by the Designated Stock Exchange viz. National Stock Exchange of India Limited and at a meeting held on October 11, 2018 and has authorized the corporate action for the transfer and allotment of the Equity Shares to various successful applicants.
The CAN-cum-Refund advices and allotment advice and/or notices will be forwarded to the address of the Applicants as registered with the depositories / as filled m the application form on or before October 12, 2018. Further, the instructions to Self Certified Syndicate Banks for unblocking the amount will be processed on or before October 13, 2018 In case the same is not receded 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 with the depositories concerned. The Company is taking steps to get the Equity Shares admitted for trading on the EMERGE Platform of National Stock Exchange of India Limited within six working days from the date of the closure of the issue.
Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectus dated September 19, 2018 ("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
Purva Sharegistry (India) Private Limited | |
Unit no. 9. ShivShakti Ind. Estt., J.R. Borichamarg, | |
Opp. Kasturba, Hospital Lane, Lower Paret (E), | |
Mumbai - 400011, Maharashtra, India | |
Tel: + 9122-23016761/8261 | |
Facsimile: +91 22 2301 2517 | |
Website: www.purvashare.com | |
Email: support@purvashare.com/busicomp@gmail.com | |
Contact Person: Ms. Deepali Dhuri / Ms. Purva Shah | |
SEBI Registration No: INR000001112 |
For B&B Triplewall Containers Limited | |
On behall of the Board of Directors | |
Date: October 11, 2018 | Sd/- |
Place: Bangalore | Managing Director |
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 B&B Triplewall IPO .
The B&B Triplewall IPO basis of allotment (published above) tells you how shares are allocated to you in B&B Triplewall IPO and category wise demand of IPO share.
Visit the B&B Triplewall IPO allotment status page to check the number of shares allocated to your application.
In B&B Triplewall 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 B&B Triplewall IPO basis of allotment document to know how the shares are allocated in B&B Triplewall 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
|