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FOCUS SUITES SOLUTIONS & SERVICES LIMITED Our Company was incorporated as "Focus Suites Solutions & Services Private Limited" at Bangalore as a Private Limited Company under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated July 18, 2006 bearing Corporate Identification Number U72200KA2006PTC039993 issued by Registrar of Companies, Karnataka. Subsequently, our Company was converted into a public limited company pursuant to shareholders resolution passed at Annual General Meeting of our Company held on September 29, 2017 and the name of our Company was changed to Focus Suites Solutions & Services Limited and a fresh certificate of incorporation consequent upon Conversion of Private Company to Public Company dated November 16, 2017 was issued by Registrar of Companies, Bangalore, Karnataka. The Corporate Identification Number of our Company is U72200KA2006PLC039993. For details of Incorporation, Change in the Name and Registered Office of our Company, please refer to chapters titled "General Information" and "Our History and Certain Other Corporate Matters" beginning on pages 57 and 128 of the Prospectus. Registered Office: 2nd Floor, Kalpak Arcade, No. 46/17, Church
Street, Bangalore, Karnataka 560001, India Tel. No.: +91 80 41757500; Fax
No.: NA Corporate Office: C-108, Kanakia Zillion, LBS Marg, Gateway to BKC,
Kurla West, Mumbai 400070, Maharashtra, India PROMOTER OF OUR COMPANY: MAJESTIC MARKET RESEARCH SUPPORT SERVICES LIMITED BASIS OF ALLOTMENT INITIAL PUBLIC ISSUE OF 36,08,000 EQUITY SHARES OF FACE VALUE RS. 10/- EACH FULLY PAID FOR CASH AT A PRICE OF RS. 18 PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF RS. 8 PER EQUITY SHARE) (THE "ISSUE PRICE") AGGREGATING UP TO RS. 649.44 LAKHS (THE "ISSUE") OF WHICH 1,84,000 EQUITY SHARES OF FACE VALUE RS. 10/- EACH FOR CASH AT A PRICE OF RS. 18 PER EQUITY SHARE, AGGREGATING RS. 33.12 LAKHS WILL BE RESERVED FOR SUBSCRIPTION BY THE MARKET MAKER TO THE ISSUE (THE "MARKET MAKER RESERVATION PORTION"). THE ISSUE LESS MARKET MAKER RESERVATION PORTION I.E. ISSUE OF 34,24,000 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH FOR CASH AT A PRICE OF RS. 18 PER EQUITY SHARE, AGGREGATING RS. 616.32 LAKHS IS HEREINAFTER REFERED TO AS THE "NET ISSUE". THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 27.03% AND 25.65%, RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY. In terms of Prospectus dated January 18,2018 and as per Regulation 43(4) of SEBI (ICDR) Regulations, 2009 wherein: a) A minimum of 50% of the Net Offer to Public shall initially be made available to Retail Individual Investors. b) The balance net offer of shares to the public shall be made available for allotment to (i) individual applicants other than retail investors and (ii) other investors including corporate bodies/ institutions irrespective of no. of shares applied for. (iii) the unsubscribed portion of the net offer to any one of the categories specified in (a) or (b) shall/may be made available for allocation in any other category, if so required. Explanation: for the purpose of Regulation 43(4) of SEBI (ICDR) Regulations, 2009, if the retail individual investor is entitled to more than fifty percent, on proportionate basis, the retail individual investors shall be allocated that higher percentage. All Investors have participated in this offer through ASBA process. For details in this regards, specific attention is invited to chapter "Issue Procedure" on page 205 of the Prospectus. THE FACE VALUE OF THE EQUITY SHARES IS RS. 10.00 EACH. THE ISSUE PRICE
OF
The Equity Shares offered through the Prospectus are proposed to be listed on the SME platform of BSE Limited ("BSE SME") in terms of the chapter XB of the SEBI (ICDR) Regulations, 2009 as amended from time to time. The Company is not required to obtain an in-principle approval for the shares being offered in this Issue. However, the Company has received an approval letter dated January 17, 2018 from BSE for using its name in the Prospectus for listing of our Shares on BSE SME. For the purpose of this Issue, SME Platform of the BSE Limited shall be the Designated Stock Exchange. SUBSCRIPTION DETAILS The Issue has received 17,543 applications for 62,30,96,000 Equity shares (Before
Technical Rejections but after Bids not Banked and Invalid Duplicate Bids, Bid not
registered) (including Market Maker Application of 1,84,000 Equity Shares) resulting
172.70 times subscription. After considering, a Technical Rejection case, the issue was
subscribed 172.15 times (including the Market Maker Portion).
The details of applications rejected by the Registrar on technical grounds are detailed below:
Detail of the Applications Received (After Technical Rejection):
ALLOCATION: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - BSE on February 06, 2018 A. Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the issue price of Rs. 18/- per Equity Share, was finalized in consultation with BSE. The category was subscribed by 1.00 times. The total number of shares allotted in this category is 1,84,000 Equity shares in full out of reserved portion of 1,84,000 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. 18/- per Equity Share, was finalized in consultation with BSE. The category was subscribed by 79.25 times. Total number of shares allotted in this category are 17,12,000. Equity Shares. The category wise basis of allotment is as under:
C. Allocation to Other than Retail Individual Investor (After Technical Rejection): The Basis of Allotment to other than Retail Individual Investors, at the issue price of Rs 18/- per Equity Share, was finalized in consultation with BSE. The category was subscribed by 283.45 times. Total number of shares allotted in this category is 17,12,000 Equity Shares. The category wise basis of allotment is as under:
The Board of Directors of the Company at its meeting held on February 07, 2018 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz. BSE and authorized corporate action for allotment of shares in dematerialized form to various successful applicants. The CAN and allotment advice and/or notices shall be dispatched to the address of the Applicants as registered with the depositories/ as filled in the application form. Further, the instructions to SCSBs shall be issued on February 07, 2018 for unblocking of funds. 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. In case the same is not received within prescribed time, Investors may contact the registrar to the Issue at the address given below. The Company is taking steps to get the Equity Shares admitted for trading on the SME Platform of BSE within six working days from the date of the closure of the Issue. The trading is proposed to commence on or before February 09, 2018 subjectto receipt of listing and trading approvals from BSE. INVESTORS PLEASE NOTE The details of the allotment made would also be hosted on the website of the Registrar to the Issue at www.bigshareonline.com All future correspondence in this regard may kindly be addressed to the Registrar quoting full name of the First/Sole applicant, 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
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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 Focus Suits Solutions IPO .
The Focus Suits Solutions IPO basis of allotment (published above) tells you how shares are allocated to you in Focus Suits Solutions IPO and category wise demand of IPO share.
Visit the Focus Suits Solutions IPO allotment status page to check the number of shares allocated to your application.
In Focus Suits Solutions 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 Suits Solutions IPO basis of allotment document to know how the shares are allocated in Focus Suits Solutions IPO.
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