FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
FOCUS LIGHTING AND FIXTURES LIMITED CIN: U31500MH2005PLC155278 Our Company was incorporated as Focus. Lighting And Fixtures Private Limited under the provisions of the Companes. Act 1956 vide certificate of incorporartion dated August 11. 2005 In Mumbai. Subscquently. the name of our Company was changed to Focus Lighting And Fixtures Limited pursuant to conversion into a public company vide Shareholders' approval on October 12. 2016 and fresh certificate of Incorporation dated February 22,2017. The Corporate Identification Number of Our Company is U31500MH2005PLC155278. For further details please refer to chapter titied 'Our History and Certain Other Corporate Matters.' beginning on pape 115 of this Prospectus. Registered Office: 1007-1010. Corporate Avenue Wing A.
Sonawala Road, Near Udyog Bhavan. Goregaon (Easl). Mumbai - 400063.Maharashtra. India PROMOTERS OF THE COMPANY: MR. AMIT VINOD SHETH AND MS, DEEPALI AMIT SHETH BASIS OF ALLOTMENT PUBLIC ISSUE OF 9.00,000 EQUITY SHARES OF FACE VALUE OF Rs. 10/- EACH FULLY
PAID UP OF FOCUS LIGHTING AND FIXTURES LIMITED ('FLFL' OR THE
'COMPANY' OR THE' ISSUER') FOR CASH AT A PRICE OF Rs. 45/- PER EQUITY
SHARE (THE 'ISSUE PRICE') (INCLUDING A SHARE PREMIUM OF Rs. 35/- PER EQUITY
SHARE AGGREGATING Rs. 405.00 LAKHS (THE 'ISSUE') BY OUR COMPANY. OF WHICH 48.000
EQUITY SHARES OF FACE VALUE Rs. 10/- EACH FULLY PAID UP WILL BE RESERVED FOR SUBSCRIPTION
BY MARKET MAKER TO THE ISSUE ('MARKET MAKER RESERVATION PORTION').THE ISSUE LESS
THE MARKET MAKER RESERVATION PORTION I.E. ISSUE OF 8,52,000 EQUITY SHARES OF FACE VALUE
Rs. 10/- EACH FULLY PAID UP IS HEREINAFTER REFERRED TO AS THE 'NET ISSUE'. THE
ISSUE AND THE NET ISSUE WILL CONSTITUTE 26,64% AND 25,22% RESPECTIVELY OF THE POST ISSUE
PAID UP EQUITY SHARE CAPITAL OF THE OF THE COMPANY. THE FACE VALUE OF THE EQUITY SHARES IS RS. 10/- EACH. THE
ISSUE PRICE IS RS. 45/- Tne Equity Shares offered through the Prospectus are proposed to be listed on the NSE
Emerge Platform: ('NSE'). In terms of the Chapter XB of the SEBI (ICOR)
Regulations, 2009, as amended from time to time. The Company has received an in-principle
approval letter dated March 10. 2017 from NSE for using its name in the offer document for
listing of its shares on NSE Emerge Platform. For the purpose of this Issue, the
Designated Stock Exchange will be the National Stock Exchange of India Linked. The
trading is proposed to be commenced with effect from Thursday. April 13, 2017.* SUBSCRIPTION DETAILS The Issue has received 15,453 applications for 7,99,95,000 Equity Shares resulting in
88,8 times suhscription (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 are detailed below: (Technical rejection)
After eliminating technically rejected applications, the fallowing tables give us Category wise net valid applications.
*As per regulation 43 (4) of SEBI (ICDR) reiail individual investor
category is errtitled to more than fifty percent on proportionate basis, the retail
individual investors shall he allocated that higher percentagee. B. Allocation to Retail Individual Investors (After Technical Rejection); The Basis of Allotment to the Retail Individual Investors, at the issue price of Rs. 45/- per Equity; Share, was finalized In consultation with NSE. The category was subscribed by 92.50 times.. The total number of shares allotted in this category is 483000 Equity Shares 10 161 successful applicants. The Category-wise details of the Basis of Allotment are as under:
C. Allocation to Other than Retail Individual Investors (After Techinical Rejections): The Basis of Allotment to the Non Insttutional Investors, at the issue price of Rs. 45/- per Equity Share was finalized In consultation with NSE. The category was subscribed 93.55 times. The total number of shares allotted in this category Is 369000 Equity Shares to 76 successful applicants. The Categery-wise details of the Basis of Allotment are as under:
The Board of directors of the Company at us meeting held on April 10,2017 has taken on record the Basis of Allocation of Equity Shares approved by the designated stock Exchange viz. National Stack Exchange of India Limited 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 will be dispatched to the address of the
Applicants as registered with the depositories on or before April 13,2017. Further, the
Instructions to Sell Certified Syndicate Banks for unblocking the amount are being
processed on or prior to April 11,2017 In case the same is not received within four
working days, investors may contact Registrar 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 concemed. The Company
is taking steps to get the Equity Shares admitted for trading on NSE Emerge Platform
within six working days from the date of the closure of the Issue. The details of the allotment made would also be hosted on the website of the Registrar to the Issue,BIGSHARE SERVICES PRIVATE LIMlTED 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 Forrn, 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
|
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 Focus Lighting And Fixtures IPO .
The Focus Lighting And Fixtures IPO basis of allotment (published above) tells you how shares are allocated to you in Focus Lighting And Fixtures IPO and category wise demand of IPO share.
Visit the Focus Lighting And Fixtures IPO allotment status page to check the number of shares allocated to your application.
In Focus Lighting And Fixtures 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 Focus Lighting And Fixtures IPO basis of allotment document to know how the shares are allocated in Focus Lighting And Fixtures 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
|