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BANSAL ROOFING PRODUCTS LIMITED Corporate IDENTITY Number: - U25206GJ2008PLC053761 Our Company was originally incorporated on May 0l, as 'Bansal Roofing Private Limited' under the provisions of the Companies Act, 1956 with the Registrar of Companies, Guiarat, Dadra & Nager Haveli. Pursuant to Shareholders Resolution passed at the Extra Ordinary General Meeting of the Company held on August 24, 2013 name of our Company was changed to 'Bansal Roofing Products Private Limited' fram 'Bansal Roofing Private Limited' and a fresh Certificate of Incorporation dated August 29,2013 was issued by the Registrar of Companies, Gujarat Dadra & Nagar Haveli Subsequently, our Company was converted into a public limited company pursuant to Shareholders Resolution passed at the Extra Ordinary General Meeting or the Company held on November 1, 2013 and the name of our Company was changed bo 'Bansal Roofing Products Limited' pursuant to issuance of fresh Certificate of Incorporation dated November 19, 2013 Issued by the Registrar of Companies. Gujarat, Dadra & Nagar Haveli. For details of the changes in our Name and Registered Office, please see section titled 'History and Certain Corporate Matters' on page 90 of the prospectus Registered Office: 3/2, Labdhi Industrial Estate, Acid
Mill Compound, Ranmukteshwar Road. Pratapnagar, PUBLIC ISSUE OF 6,80,000 EQUITY SHARES OF FACE VALUE OF RS 10.00 EACH OF BANSAL
ROOFING PRODUCTS LIMITED ('OUR COMPANY' OR 'THE ISSUER'} FOR CASH AT A
PRICE OF RS 30.00 PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF RS 20.00 PER EQUITY
SHARE) ('ISSUE PRICE') AGGREGATING TO RS 204.00 LAKHS ('THE ISSUE'),
OF WHICH 36,000 EQUITY SHARES OF FACE VALUE OF RS 10 00 EACH, AGGREGATING TO RS 10.80
LAKHS WILL RE RESERVED FOR SUBSCRIPTION BY MARKET MAKER ('MARKET MAKER RESERVATION
PORTION'), THE ISSUE LESS THE MARKET MAKER RESERVATION PORTION I.E. ISSUE OF 6,44,000
EQUITY SHARES OF FACE VALUE OF RS 10.00 EACH AT AN ISSUE PRICE OF RS. 30.00 PER EQUITY
SHARE AGGREGATING TO RS. 193.20 LAKHS (IS HEREINAFTER REFERRED TO AS THE 'NET
ISSUE'). THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 30.95% AND 29.31%, RESPECTIVELY
OF THE POST ISSUE PAID UP EOUTTY SHARE CAPITAL OF OUR COMPANY FOR FURTHER DETAILS, PLEASE
REFER TO SECTION TITLED 'TERMS OF THE ISSUE' BEGINNING ON PAGE 174 OF THE
PROSPECTUS. THIS ISSUE IS BEING MADE IN TERMS OF CHAPTER XB OF THE SEBI (ICDR) REGULATIONS, 2009, AS AMENDED. THIS ISSUE IS A FIXED PRICE ISSUE AND ALLOCATION IN THE NET ISSUE TO THE PUBLIC WILL BE MADE IN TERMS OF REGULATION 43(4) OF THE SEBI {ICDR) REGULATIONS, 2009, AS AMENDED. FOR FURTHER DETAILS, PLEASE REFER TO SECTION TITLED 'ISSUE PROCEDURE' BEGINNING ON PAGE 180 OF THE PROSPECTUS. THE FACE VALUE OF THE EQUITY SHARES IS RS 10.00 EACH AND THE ISSUE PRICE IS RS.30.00,
THE ISSUE PRICE IS 3 TIMES OF THE FACE VALUE, PROPOSED LISTING; JULY 14,2014 The Equity Shares offered through this Prospectus are proposed to be listed, on the SME Platform of BSE Limited ('BSE') In terrns of the Chapter XB of the SEBI (ICDR) Regulations 2009, as amended, we are not required to obtain an in-principle listing approval for the shares being offered in this issue. However, our Company has received an in-principle approval letter dated June 6,20l4 from BSE for using Its name In this offer document for listing of our shares on the SME Platform of BSE. For the purpose of this Issue, the Designated Stock Exchange will be the BSE Limited. The trading is proposed to be commence with effect from July 14, 2014* *Subject to receipt of listing and trading approvals from the BSE Limited. All Applicants were allowed to participate in the Issue Ih rough APPLICATIONS SUPPORTED BY BLOCKED AMOUNT ('A5BA') process by providing Ihe details of their respective bank accounts in which the corresponding apnhceiion amounts were blocked by Self Certified Syndicate Banks jihe 'SCSBs') SUBSCRIPTION DETAILS The Issue has received applications for 9,68,000) Equity Shares before cheque returns) resulting in 1.42 times subscription (including reserved portion of Market Maker). The details of the applications received in the Issue (before technical rejections and after cheque returns) are as follows.: Detail of the Applications Received (Before Technical Rejection and after cheque returns)
The details of applications rejected by the Registrar to the Issue on technical grounds/withdrawal are detailed below:
After eliminating Technically Rejected applications, the following table gives the details of Category wise net valid applications:
Allocation: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - BSE Limited on July 3,2014. A. Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the issue phce of Rs. 30.00 per Equity Share, was finalized in consultation wrth BSE. The category was subscribed by 1.00 time. The total number of stores allotted in this category is 36,000 Equity Shares. B.Allocation to Retail individual Investors (After Technical Rejections): The Basis ot Allotment to the Retail individual Investors, at Ihe issue price of Rs. 30.00 per Equity Share, was finalized in consultation with BSE. The category was subscribed by 1.42 times i.e. for 6.52,000 Equity Shares. The tolal number of shares allotted in this category is 4,60,000 Equity Shares to 115 successful applicants.
C. Allocation to Other Than Retail Individual Investors (After Technical Rejections): The Basis of Allotment to the Non institutional Investors, at the Issue price of Rs. 30.00 per Equity Share, was finalized in consultation with BSE. The category was subscribed 1.46 times i.e. for 2,68,000 Equity Shares. The total number of shares allotted in this category is 1,84,000 Equity Shares to 22 successful applicants.
Retail category has been given 3600 excess shares due to rounding off and the same has been reduced from the HNI category to the extent of excess shares alloted. The Board of Directors of the Company at its meeting held on July 9, 2014 has approved the Basis of Allocation of Equity Shares as approved by the Designated Stock Exchange viz. BSE Limited and has authorized me corporate action for the transfer of the Equity Shares to various successful applicants. The Refund /allotment intimation are being dispatched to the address of the Applicants as registered with the depositories by July 10, 2014. Further, The instructions to Self Certified Syndicate Banks for unblocking the amount are being given by July 9,2014. Incase the Refunds the same has been made through Direct credit /RTGS/NEFT/NECS into the Bank accounts of the applicants,as registered with the depositories. For other applicants refund orders have been dispatched to their address as registered with the depositories. In case the same is not received within ten days, investors may contact Registrar at the address given below. The Refund Orders have been over-printed with the Bank Mandate details as registered, if any, with the depositories. 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 an the SME Platform of BSE Limited within twelve working days from the date of the closure of the Issue. Note: All capitalized terms used and not defined herein shall have the respective meaning assigned to them in the Prospectus dated June 16, 2014 ('Prospectus'). INVESTORS PLEASE NOTE The details of the allotment made would also be hosted on the website ol the Registrar to the issue, SHAREX DYNAMIC (INDIA) PRIVATE LIMITED at www.shanexindia.com, All luture 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: SHAREX DYNAMIC (INDIA} PRIVATE LIMITED
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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 Bansal Roofing Products IPO .
The Bansal Roofing Products IPO basis of allotment (published above) tells you how shares are allocated to you in Bansal Roofing Products IPO and category wise demand of IPO share.
Visit the Bansal Roofing Products IPO allotment status page to check the number of shares allocated to your application.
In Bansal Roofing Products 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 Bansal Roofing Products IPO basis of allotment document to know how the shares are allocated in Bansal Roofing Products IPO.
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