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BAJAJ HEALTHCARE LIMITED
Corporate Identity Number: - U99999MH1993PLC072892
Our Company was Incorporated as Bajaj Healthcare Pvt. Ltd. on July 15,1993 under the Companies Act, 1956, with the Registrar of Companies, Mumbai bearing Registration Number - 072892. The status of our Company was changed to a public limited company and the name of our Company was changed to Bajaj Healthcare Ltd. by a special resolution passed on March 15,2005. A fresh certificate of Incorporation consequent to the change of name was granted to our Company on March 31,2005, by the Registrar of Companies, Mumbai. For further details, please see chapter titled 'History and Certain Corporate Affairs' beginning on page no. 140 of the Prospectus.
Registered Office: N- 216, MIDC, Tarapur, Boisar, Dist. Thane -
401 506; Tel No.: +91-2525 - 655208/655209; Fax No.: +91 - 2525 - 661074
Corporate Office: 602-606, Bhooml Velocity, Plot No. B-39, B-39A, B-39A/1, Road
No.23, Wagle Industrial Estate, Thane - 400 604.
Contact Person: Mr. Vlpul Dubey, Company Secretary and Compliance Officer; Tel
No.: +91 - 22 - 6617 7400; Fax No.: +91 - 22 - 6617 7458
Email: lnvestors@bajajhealth.com; Website:
www.bajajhealth.com.
PROMOTER OF OUR COMPANY: MR. SAJANKUMAR R. BAJAJ
BASIS OF ALLOTMENT
PUBLIC OFFER OF 18,17,600 EQUITY SHARES OF RS 10 EACH ('EQUITY SHARES') OF BAJAJ HEALTHCARE LIMITED ('BHL' OR THE 'COMPANY') FOR CASH AT A PRICE OF RS 170/- PER SHARE (THE 'OFFER PRICE'), AGGREGATING TO RS 3,089.92 LAKHS ('THE OFFER') CONSISTING OF FRESH ISSUE OF 1,49,600 EQUITY SHARES AGGREGATING TO RS 254.32 LAKHS AND AN OFFER FOR SALE OF 16,68,000 EQUITY SHARES BY THE SELLING SHAREHOLDERS AGGREGATING TO RS 2,835.60 LAKHS ('OFFER FOR SALE'), OF WHICH 91,200 EQUITY SHARES OF RS 10 EACH WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKERS TO THE OFFER (THE 'MARKET MAKER RESERVATION PORTION'). THE OFFER LESS MARKET MAKER RESERVATION PORTION I.E. OFFER OF 17,26,400 EQUITY SHARES OF RS 10 EACH IS HEREINAFTER REFERRED TO AS THE 'NET OFFER'. THE OFFER AND THE NET OFFER WILL CONSTITUTE 26.34% AND 25.02%, RESPECTIVELY OF THE POST OFFER PAID UP EQUITY SHARE CAPITAL OF THE COMPANY.
THE FACE VALUE OF THE EQUITY SHARES IS RS
10 EACH AND
THE OFFER PRICE IS 17.00 TIMES OF THE FACE VALUE.
OFFER OPENED ON APRIL 27, 2016 AND CLOSED ON MAY 02, 2016
The Equity Shares of the Company 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-princlple listing
approval from BSE. However, our Company has received an approval via letter dated March
08, 2016 from BSE for using Its name In the Offer Document for listing of our shares on
the SME Platform of BSE. BSE shall be the Designated Stock Exchange for the purpose of
this Offer. The trading is proposed to be commenced on May 10,2016*.
*Subject to receipt of listing and trading approvals from the BSE Limited.
The Offer Is being made through the Fixed Price process, the allocation In the Net Offer to the Public category shall be made as per Regulation 43(4) of the SEBI (ICDR) Regulations, 2009, as amended from time to time, wherein a minimum of 50% of the Net Offer of shares to the Public shall Initially be made available for allotment to Retail Individual Investors. The balance of Net Offer of Shares to the public shall be made available for allotment to Individual Applicants other than Retail Individual Investors and other Investors, Including Corporate Bodies / Institutions Irrespective of number of shares applied for. Under subscription, If any, in any of the categories, would be allowed to be met with spill-over from any of the other categories or a combination of categories at the discretion of our Company in consultation with the Lead Manager and the Designation Stock Exchange. Such inter-se spill over, If any, would be affected in accordance with applicable laws, rules, regulations and guidelines. All Investors shall participate in the Offer only 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 Net Offer has received 561 applications for 19,92,000 Equity Shares resulting in 1.15 times subscription. The details of the applications received In the Net Offer (before and after technical rejections & withdrawal) are as follows: Detail of the Applications Received
| CATEGORY | Before Technical Rejections & Withdrawals | After Technical Rejections & Withdrawals | ||
| No. of Applications |
No. of Equity Shares |
No. of Applications |
No. of Equity Shares |
|
| Retail Individual Applicant | 482 | 3,85,600 | 466 | 3,72,800 |
| Non - Retail Applicant | 79 | 16,06,400 | 78 | 16,00,800 |
| Total | 561 | 19,92,000 | 544 | 19,73,600 |
Note: The Offer also includes 91,200 Equity Shares reserved for Market Maker, which was subscribed by 1.00 times and there were no Technical Rejection & any withdrawal.
In the event of oversubscription, the allotment will be made on a proportionate basis in marketable lots. There was under-subscriptlon of 4,90,400 Equity Shares In Retail Category & over subscription 7,37,600 Equity Shares In Non - Retail Category, before spill over. The unsubscribed portion of Retail Category i.e. 4,90,400 Equity Share has been added to the Non-Retail Category. The Basis of Allotment was finalised In consultation with the Designated Stock Exchange - BSE Ltd on May 05,2016.
A) Allocation to Marker Maker (After Technical Rejections & Withdrawals): The Basis of Allotment to the Market Maker, at the Offer Price of Rs 170 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 91,200 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 Shares Applied in Each Category |
% to Total |
Allocation per Applicant |
Ratio of Allottees to the Applicant |
Total No.of Shares Allotted |
| 91,200 | 1 | 100.00 | 91,200 | 100.00 | 91,200 | 1:1 | 91,200 |
| Total | 1 | 100.00 | 91,200 | 100.00 | 91,200 |
B) Allocation to Retail Individual Investors (After Technical Rejections & Withdrawals): The Basis of Allotment to the Retail Individual Investors, at the Offer Price of ? 170 per Equity Share, was finalised In consultation with BSE. The total number of shares allocated In this category is 8,63,200 Equity Shares. The category was subscribed by 0.43 times.
The Category-wise details of the Basis of Allotment are as under:
| No. of Shares Applied for (Category Wise) | No. ol Applications Received | % to Total | Total No. of Shares Applied in Each Category | % to Total | Allocation per Applicant | Ratio of Allottees to the Applicant | Total No. ol Shares Allotted |
| 800 | 466 | 100.00 | 3,72,800 | 100.00 | 800 | 1:1 | 3,72,800 |
| Total | 466 | 100.00 | 3,72,800 | 100.00 | 3,72,800 |
C) Allocation to Non - Retails Category (After Technical Rejections & Withdrawals): The Basis of Allotment to the Non - Retail Investors, at the Offer Price of Rs 170/- per Equity Share, was finalised In consultation with BSE. The total number of shares allocated In this category Is 13,53,600 Equity Shares Including unsubscribed portion of Retail Category. The category was subscribed by 1.18 times.
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 |
% to Total | Allocation per Applicant | Ratio of Allottees to the Applicant |
Total No. ofShares Allotted |
| 1,600 | 2 | 2.56 | 3,200 | 0.20 | 1,600 | 1:1 | 3,200 |
| 2,400 | 2 | 2.56 | 4,800 | 0.30 | 2,400 | 1:1 | 4,800 |
| 3,200 | 4 | 5.13 | 12,800 | 0.80 | 2,400 | 1:1 | 9,600 |
| 3,200 | (Lottery System - Serial No. of Qualifying Applicant is 2) | 800 | 1:4 | 800 | |||
| 4,000 | 6 | 7.69 | 24,000 | 1.50 | 3,200 | 1:1 | 19,200 |
| 4,000 | (Lottery System - Serial No. of Qualifying Applicant is 5) | 800 | 1:6 | 800 | |||
| 4,800 | 3 | 3.85 | 14,400 | 0.90 | 4,000 | 1:1 | 12,000 |
| 5,600 | 29 | 37.18 | 1,62,400 | 10.14 | 4,800 | 1:1 | 1,39,200 |
| 8,800 | 2 | 2.56 | 17,600 | 1.10 | 7,200 | 1:1 | 14,400 |
| 12,000 | 2 | 2.56 | 24,000 | 1.50 | 10,400 | 1:1 | 20,800 |
| 13,600 | 1 | 1.28 | 13,600 | 0.85 | 11,200 | 1:1 | 11,200 |
| 15,200 | 1 | 1.28 | 15,200 | 0.95 | 12,800 | 1:1 | 12,800 |
| 16,000 | 1 | 1.28 | 16,000 | 1.00 | 13,600 | 1:1 | 13,600 |
| 19,200 | 1 | 1.28 | 19,200 | 1.20 | 16,000 | 1:1 | 16,000 |
| 20,000 | 1 | 1.28 | 20,000 | 1.25 | 16,800 | 1:1 | 16,800 |
| 22,400 | 1 | 1.28 | 22,400 | 1.40 | 19,200 | 1:1 | 19,200 |
| 24,000 | 5 | 6.41 | 1,20,000 | 7.50 | 20,000 | 1:1 | 1,00,000 |
| 24,000 | (Lottery System - Serial No. of Qualifying Applicant is 5) | 800 | 1:5 | 800 | |||
| 28,800 | 1 | 1.28 | 28,800 | 1.80 | 24,000 | 1:1 | 24,000 |
| 29,600 | 5 | 6.41 | 1,48,000 | 9.25 | 24,800 | 1:1 | 1,24,000 |
| 44,800 | 1 | 1.28 | 44,800 | 2.80 | 37,600 | 1:1 | 37,600 |
| 48,000 | 1 | 1.28 | 48,000 | 3.00 | 40,800 | 1:1 | 40,800 |
| 49,600 | 1 | 1.28 | 49,600 | 3.10 | 41,600 | 1:1 | 41,600 |
| 56,000 | 1 | 1.28 | 56,000 | 3.50 | 47,200 | 1:1 | 47,200 |
| 58,400 | 2 | 2.56 | 1,16,800 | 7.30 | 49,600 | 1:1 | 99,200 |
| 59,200 | 1 | 1.28 | 59,200 | 3.70 | 50,400 | 1:1 | 50,400 |
| 64,000 | 1 | 1.28 | 64,000 | 4.00 | 54,400 | 1:1 | 54,400 |
| 82,400 | 1 | 1.28 | 82,400 | 5.15 | 69,600 | 1:1 | 69,600 |
| 1,77,600 | 1 | 1.28 | 1,77,600 | 11.09 | 1,50,400 | 1:1 | 1,50,400 |
| 2,36,000 | 1 | 1.28 | 2,36,000 | 14.74 | 1,99,200 | 1:1 | 1,99,200 |
| Total | 78 | 100.00 | 16,00,800 | 100.00 | 13,53,600 | ||
The Board of Directors of the Company at its meeting held on May 06,2016 has taken on record the Basis of Allotment of Equity Shares, as approved by the Designated Stock Exchange viz. BSE and has authorized the corporate action for the allotment of the Equity Shares to various successful applicants. The CAN and allotment advice and/ or notices have been dispatched to the address of the investors as registered with the depositories. Further, the instructions to Self Certified Syndicate Banks have been processed on May 07,2016 for unblocking of funds. The Equity Shares allotted to successful applicants are been credited to their beneficiary accounts subject to validation of the account details with the depositories concerned. In case the same is not received within prescribed time, investors may contact the Registrar to the Offer at the address given below. The Company is taking steps to get the Equity Shares admitted for trading on the SME Platform of BSE Limited within 6 working days from the Closure of the Offer. The trading is proposed to be commenced on May 10, 2016 subject to receipt of listing and trading approvals from BSE.
Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectus dated April 12,2016 ('Prospectus'). INVESTORS PLEASE NOTE
The details of the allotment made has been hosted on the website of the Registrar to
the Offer, Sharex Dynamic (I) Private Limited at Website: www.sharexindia.com
All future correspondence in this regard may kindly be addressed to the Registrar to the
Offer quoting full name of the First/Sole Applicant, 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 given below:
SHAREX DYNAMIC (I) PRIVATE LIMITED
Unit No 1, Luthra Ind. Premises. 1 st Floor. 44 - E. M. Vasanji Marg,
Andheri Kurla Road, Safed Pool, Andheri (E), Mumbai - 400 072.
Tel: +91 - 22 - 2851 5606; Fax: +91 - 22 - 2851 2885
Email: shareindia@vsnl.com; Website: www.sharexindia.com
Contact Person: Mr. K. C. Ajitkumar; SEBI Registration No. INR000002102
| Place: Mumbai Date : May 07,2016 |
For Bajaj Healthcare Limited On behalf of the Board of Directors Sd/- Chairman & 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 Bajaj Healthcare IPO .
The Bajaj Healthcare IPO basis of allotment (published above) tells you how shares are allocated to you in Bajaj Healthcare IPO and category wise demand of IPO share.
Visit the Bajaj Healthcare IPO allotment status page to check the number of shares allocated to your application.
In Bajaj Healthcare 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 Bajaj Healthcare IPO basis of allotment document to know how the shares are allocated in Bajaj Healthcare IPO.
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