Cadsys India IPO Basis of Allotment

CADSYS (INDIA) LIMITED

Corporate Identification Number: - U72200AP1992PLC014558

Our Company was incorporated as 'Cadsys (India) Private Limited' on July 23, 1992 under the Companies Act, 1956, with the Registrar of Companies, Andhra Pradesh, Hyderabad. Pursuant to a special resolution of our Shareholders dated March 29, 1995, our Company was converted into a public limited company and a fresh certificate of incorporation consequent to the conversion was issued to our Company by the Registrar of Companies, Andhra Pradesh, Hyderabad on June 8, 1995. For further details pertaining to the change of Registered Office, please refer to the Chapter 'History and Certain Corporate Matters' on page 97 of the Prospectus. Registered Office: 3-5-900/1, IVth Floor, Aparajitha Arcade Himayathnagar, Hyderabad - 500029, Telangana, India.

Tel: +91 - 40 - 2322 - 4110; Fax: +91- 40 - 2322-3984: Website: www.cadsystech.com;
Contact Person: Babladi Shailaja, Company Secretary and Compliance Officer; Email: cs@cadsystech.com;

PROMOTER OF OUR COMPANY: NALLANI CHAKRAVARTHI VENKATA RAHGACHARYA

PUBLIC ISSUE OF 21,00,000 EQUITY SHARES OF FACE VALUE OF RS. 10.00 EACH OF CADSYS (INDIA) LIMITED ('CIL', 'COMPANY' OR THE 'ISSUER') FOR CASH AT A PRICE OF RS. 70/- PER EQUITY SHARE ('ISSUE PRICE') INCLUDING SHARE PREMIUM OF RS. 60/- PER EQUITY SHARE AGGREGATING TO RS. 1,470.00 LAKHS ('THE ISSUE'), OF WHICH 1,08.000 EQUITY SHARES OF FACE VALUE OF RS. 10.00 EACH FOR A CASH PRICE OF RS. 70/- PER EQUITY SHARE, AGGREGATING TO RS. 75.60 LAKHS WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER ('MARKET MAKER RESERVATION PORTION'). THE ISSUE LESS THE MARKET MAKER RESERVATION PORTION I.E. ISSUE OF 19,92,000 EOUITY SHARES OF FACE VALUE OF RS. 10.00 EACH AT AN ISSUE PRICE OF RS. 70/- PER EQUITY SHARE AGGREGATING TO RS. 1,394,40 LAKHS (IS HEREINAFTER REFERRED TO AS THE 'NET ISSUE'). THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 27.99 % AND 26.55%, RESPECTIVELY QF THE FULLY DILUTED POST ISSUE PAID UP EQUITY SHARE CAPITAL OF THE COMPANY.

THE FACE VALUE OF THE EQUITY SHARES IS RS. 10 EACH AND THE ISSUE PRICE OF RS. 70.00 IS 7.00 TIMES OF THE FACE VALUE

ISSUE OPENED ON THURSDAY, SEPTEMBER 21, 2017 AND CLOSED ON MONDAY, SEPTEMBER 25, 2017.

The Equity Shares offered through the Prospectus are proposed to be listed on the SME platform of National Stock Exchange of India Limited ('NSE Emerge') in terms of the Chapter XB of the SEBI (IGDR) Regulations, 2009, as amended from time in time. Our Company has received an approval letter dated September 08, 2017 from National Stock Exchange of India Limited ('NSE') for using its name in the Prospectus for listing of our shares on the NSE Emerge. For the purpose af this Issue, the Designated Stock Exchange will be NSE. The trading is proposed to be commenced on or before Wednesday, October 04, 2017 *

*Subject to receipt of listing and trading approval from NSE,

This being a Fixed Price Issue, the allocation in the Net issue 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 Net Issue 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 spillover 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 Issue 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 Issue has received overall 2245 applications for 64,16000 Equity Shares resulting in 3.05 times subscription (including reserved portion of market maker). The details of the applications received in the Issue (before technical rejections and exclusive of applications not banked) are as follows:

Detail of the Applications Received (Before Technical Rejection):

The details of applications rejected by the Registrar on technical grounds (including withdrawal) are detailed below:

After eliminating technically rejected applications, the following tables give us category wise net valid applications:

Allocation: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange -NSE on September 28, 2017.

A. Allocation to Market Maker (After Technical Reactions): The Basis of Allotment to the Market Maker, at the issue price of Rs. 70/-per Equity Share, was finalised in consultation with NSE, The category was subscribed by 1.00 times. The total number of shares allotted in this category is 1,08,000 Equity shares.

B. Allocation to Retail Individual Investors (After Technical Rejections): The Basis of Allotment to the Retail Individual Investors, at the issue price of Rs. 70/- per Equity Share, was finalized in consultation with NSE. The category was subscribed by 3.077 times. Total number of shares allotted in this category is 13,42,000 Equity Shares to 671 successful applicants.

The category wise details of the Basis of Allotment ane as under:

C. Allocation to Other than Retail Individual Investors (After Technical Rejections & Withdrawal): The Basis of Allotment to the Non Retail Investors, at the issue price of Rs. 70/- per Equity Share, was finalized in consultation with NSE. The category was subscribed by 3.089 times. Total number of shares allotted in this category is 6,50,000 Equity Shares. The category wise basis of allotment is as under:

The Board of Directors of the Company at its meeting held on September 29, 2017 has approved the Basis of Allocation of Equity Shares as approved by the Designated Stock Exchange viz. NSE and has authorized the corporate action for the transfer of the Equity Shares to various successful applicants.

The CAN and allotment advice and/or notices are being dispatched to the address of the Applicants as registered with the depositories. Further, the instructions to Self Certified Syndicate Banks for unblocking the amount shall be processed on or before October 3, 2017. In case the same is not received within prescribed time, investors may contact the Registrar to the issue, Bigshare Services Private Limited 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 NSE Emerge 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 12, 2017 ('Prospectus')

INVESTORS PLEASE NOTE

The details of the allotment made would also be hosted on the website of the Registrar to the Issue, Bigshare 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:

BIGSHARE SERVICES PRIVATE LIMITED
1st Floor, BHarat Tin Works Building, Opposite Vasant Oasis, Makwana Road, Marol, Andheri (East), Mumbai- 400 059, Maharashtra, India
Telephone: + 91 - 022 62638200; Facsimile: +91- 022 62638299; E-mail:  ipo@bigshareonline.com; Website: www.bigshareonline.com
Investor grievance: investor@bigshareonline.com
Contact person: Babu Raphael
SEBI Registration No: INR000001385