FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
DIKSAT TRANSWORLD LIMITED C1N No.: U63090TN1707 Our Company was incorporated as Diksat Transworid Limited on January 08. 1999 under the Companies Act. 1956, with the Registrar of Companies. Chennai bearing Registration Number 041707 and received the Certificate of Commencement of Business on dated January 14,1999. For further details, please see the Chapter titled 'Hislory and certain Corporate Matters' beginning on page 108 of the Prospectus. Registered office: 1st Floor, New No. 24 & Old No.
32 South Mada Streel, Mylapore Chennai Tamil Nadu - 600 004. | Tele-Fax:
+91 - 44 - 2464 0347 OUR PROMOTER: DR. T. DEVANATHAN YADAV BASTS OF ALLOTMENT PUBLIC OFFER OF 46,08,000 EQUITY SHARES OF RS 10 EACH ('EQUITY SHARES') OF DIKSAT TRANSWORLD LIMITED ('DTL' OR THE 'COMPANY) FOR CASH AT A PRICE OF RS 40 PER SHARE (THE 'OFFER PRICE'), AGGREGATING TO RS 1,843.20 LAKHS ('THE OFFER') THROUGH AN OFFER FOR SALE BY THE SELLING SHAREHOLDERS AGGREGATING TO RS 1.843.20 LAKHS ('OFFER FOR SALE'), OF WHICH 2.40,000 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 43.68.000 EQUITY SHARES OF RS 10 EACH IS HEREINAFTER REFERRED TO AS THE 'NET OFFERS THE OFFER AND THE NET OFFER WILL CONSTITUTE 2677% and 25.38%, RESPECTIVELY OF THE POST OFFER PAID UP EQUITY SHARE CAPITAL OF THE COMPANY. OFFER PRICE: RS 40 per Equity Share, The Face Value of the Equity Share
is Rs 10 each. The Equity Shares of the Company are proposed to be listed on the SME Platform of
BSE Limited {'BSE'). Our Company has received an approval from BSE for the
listing of the Equity Shares pursuant to letter dated August 09, 2016. BSE shall
be the Designated Stock Exchange for the purpose of this Offer. The trading is proposed to
be commenced on October 18,2016 (Subject to receipt of listing and trading
approvals from the BSE Limited,) SUBSCRIPTION DETAILS Tne Offer has received 440 applications for 50,62,000 Equity Shares resulting in 1,10
times subscription,
Note: Since the Offer Price was finalised at Rs 40 per
Equity Share, the Bids received at a price lower than the Offer Price have not been
considered as valid Bids for allotment. The details of the applications received in the
Offer (before and after technical rejections & withdrawal) are as follows:
In the event of oversubscription, the allotment will be made on a proportionate basis in marketable lots. There was under subscription in Retail Category to the extent of 10,59,000 Equity Shares and over subscription of 4.56,000 Equity Shares in Non- Retail Category (including unsubscribed portion of Retail Category). The Basis of Allotment was finalised in consultation with the Designated Stock Exchange - BSE Ltd on October 13, 2016. A. Allocation to Marker Maker (After Technical Rejections & Withdrawals): The Basis of Allotment to the Market Maker, at the Offer Price of Rs 40 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 2,40,000 Equity Shares out of reserved portion of 2,40,000 Equity Shares. B. Allocation to Retail Individual investors (After Technical Rejections & Withdrawals); The Basis of Allotment to the Retail Individual Investors, at the Offer Price of Rs 40 per Equity Share, was finalised in consultation with BSE, Pursuant to Regulation 43(4) of the SEBI (ICDR) Regulations, 2009, the total number of shares allocated In this category Is 11.25.000' Equity Shares. The category was subscribed by 0,515 times. * The under-subscribed 10.59,000 Equity Shares in this category have been spilled over
to Non-Retail Category.
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 40 per Equity Share, was finalised in
consultation with BSE. Pursuant to Regulation 43(4) of the SEBI (ICDR) Regulations, 2009.
the total number of shares allocated In this category is 32,43,000* Equity Shares. The
category was subscribed by 1.140 times.
The Board of Director of the Company at its meeting
held on October 14, 2016 has taken on record the Basis of Allotment of Equity Shares, as
approved by the Designated Stock Excham viz. BSE and has authorized the corporate
action for the allotment of the Equity Shares to various successful bidders. INVESTORS PLEASE NOTE The deiails of the allotment made has been hosted on the website of the Registrar to
the Offer, Bigshare Services Private Limited at Website: www.bigshareonline.corn.
|
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 Diksat Transworld IPO .
The Diksat Transworld IPO basis of allotment (published above) tells you how shares are allocated to you in Diksat Transworld IPO and category wise demand of IPO share.
Visit the Diksat Transworld IPO allotment status page to check the number of shares allocated to your application.
In Diksat Transworld 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 Diksat Transworld IPO basis of allotment document to know how the shares are allocated in Diksat Transworld 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
|