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(This is only an advertisement for Information purposes and not a Prospectus announcement) DEEP POLYMERS LIMITED Our Company was incorporated as 'Deep Polymers Private
Limited' on September 13, 2005 under the Companies Act, 1956 with the Registrar of
Companies, Dadra and Nagar Haveli, Gujarat bearing Registration No. 046757. The status of
our Company was changed to a public limited company and the name of our Company was
further changed to 'Deep Polymers Limited' by a special resolution passed on
March 15, 2018. A fresh certificate of incorporation consequent to the change of name was
granted to our Company on April 06, 2018, by the Registrar of Companies, Ahmedabad at
Gujarat. The Corporate Identity Number of our Company is U25209GJ2005PLC046757. For
further details of the change in name of our Company, please refer to chapter titled
'History and Certain Corporate Matters' beginning on page 117 of this
Prospectus. Tel: + 91-2764-286032; Fax: N.A; E-mail:
info@deeppolymer.in ;Website: www.deeppolymer.in ; BASIS OF ALLOTMENT PUBLIC OFFER OF 38,10,000 EQUITY SHARES OF RS. 10/- EACH ('EQUITY SHAPES') OF DEEP POLYMERS LIMITED ('DPL'OR THE 'COMPANY') FOR CASH AT A PRICE OF RS.40.00 PER SHARE (THE 'OFFER PRICE'). AGGREGATING TO RS.1524.00 LAKH ('THE OFFER') CONSISTING OF FRESH ISUE OF 13,60,000 EQUITY SHARES AGGREGATING TO RS.544 00 LAKH AND AN OFFER FOR SALE OF 24,50,000 EQUITY SHARES BY THE SELLING SHAREHOLDER AGGREGATING TO RS 980.00 LAKH ('OFFER FOR SALE'). OF WHICH UPTO 1,92,000 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 36,18,000 EQUITY SHARES OF RS-10/- EACH IS HEREINAFTER REFERRED TO AS THE 'NET OFFER'. THE OFFER AND THE NET OFFER WILL CONSTITUTE 32.09% AND 30.47%. RESPECTIVELY OFTHE POST OFFER PAID UP EQUITY SHARE CAPITAL OF THE COMPANY In of prospectus dated July 23, 2018 and as per regulation 43(4) of SEBI (ICDR) Regulations, 2009 wherein (a) minimum 50% of the Net Offer to Public shall be initially made available to Retail individual investors as the case may be {b) the balance net offer of the shares to the public shall be made available for allotment to i) individual applicants other than retail investors; and ii) other investors including corporates bodies or institutions, irrespective of number of shares applied for. Explanation: for Ihe purpose of regulation 43 (4) of SEBI (ICDR) Regulations, 2009, if the retail individual investor is entitle to more than fitly percent, on proportionate basis, the retail individual investors shall be allocated that higher percentage, THE FACE VALUE OF THE EQUITY SHARES IS Rs. 10.00 EACH AND THE ISSUE
PRICE IS Rs. 40.00 EACH
PROPOSED LISTING: THURSDAY AUGUST 23,2018 LISTING: The Equity Shares of our Company offered through this Prospectus are proposed to be listed on the BSE SME Platform. Our Company has received an approval letter dated July 12, 2018 form BSE for using its name in this offer documents for listing our shares on the SME Platform of BSE. For the purpose of this issue, the designated Stock Exchange will be the BSES Limited ('BSE') 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 367 applications for 5031900 Equity Shares resulting in 1.32
times subscription (including reserved portion of market maker). The details of the
applications received in the issue (before technical rejections) are as follows:
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 -BSE Limited ('SME Platform of BSE) on August17,2018. A. Allocation to Market Maker (After Technical Rejections & Withdrawal): The
Basis of Allotment to the Market Maker, at the issue price of Rs. 40.00 per Equity Share,
was finalised in consultation with BSE. The category was subscribed by 1 time. The total
number of shares allotted in this category is 192000 Equity shares.
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. 40 per Equity Share, was finalized in consultation with BSE. The
category was subscribed by 0.46 times i.e. for 837000 Equity Shares. Total number of
Shares allotted in this category is 837000 Equity Shares to 279 successful applicants.
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. 40.00 per Equity Share, was finalized in
consultation with BSE. The category was subscribed by 1.16 times i.e. for 2781000 shares.
The total number of shares allotted in this category is 2781000 Equity Shares to 69
successful applicants.
The Board of Directors of the Company at its meeting held on August 17,2018 has approved the Basis of Allocation of Equity Shares as approved by the Designated Stock Exchange viz BSE on August 17, 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 in the application form on or before August 23, 2018. Further, the instructions to Self Certified Syndicate Banks for unblocking the arnount will be processed on or before August 18, 2018. In case the same is not received 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 SME Platform of BSE 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 Prespectus dated July 23, 2018 ('Prospectus'). INVESTORS PLEASE NOTE The details of the allotment made would also be hosted on the website of the Registrar to the Offer, 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: Gretex Corporate Services Private Limited
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 DEEP POLYMERS LIMITED. Note: All Capitalized terms used not defined herein shall have the respective meanings assigned to them in the prospectus. |
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 Deep Polymers Limited .
The Deep Polymers Limited basis of allotment (published above) tells you how shares are allocated to you in Deep Polymers Limited and category wise demand of IPO share.
Visit the Deep Polymers Limited allotment status page to check the number of shares allocated to your application.
In Deep Polymers Limited 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 Deep Polymers Limited basis of allotment document to know how the shares are allocated in Deep Polymers Limited.
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