Ganesh Films IPO Basis of Allotment

(This is only an advertisement for Information purpose. This is not a Prospectus announcement and does not constitute an invitation or offer to acquire, purchase or subscribe for securities. Not for publication or distribution, directly or indirectly outside India.)

GANESH FILMS INDIA LIMITED

Our Company was incorporated as a public limited company under the Companies Act, 2013 and registered with the Registrar of Companies, Mumbai with the name 'Ganesh Films India Limited' pursuant to a certificate of incorporation dated April 6,2018. Subsequently, our Company has acquired the entire distribution business of M/s Ganesh Films a proprietorship concern of Nambirajan Ganapathi Yadav w.e.f. May 09, 2018. The Corporate Identity Number of our Company is U74994MH2018PLC307613. For further details of change of name and registered office of our Company, please refer to the chapter titled 'Our History and Certain Other Corporate Matters' beginning on page 101 of the Prospectus.

Registered Office and Corporate Office: #503,5th Floor, Plot 461D, A Wing, Parshvanath Gardens, Bhaudaji Road, Kings Circle, Matunga, Mumbai-400019.
Tel No: +91 810 444 9343; Fax No: Not Available; Email: info@ganeshfilms.com; Website: www.ganeshfilms.com
Contact Person: Mr. Vijay Thakkar, Company Secretary and Compliance Officer.

OUR PROMOTERS: NAMBIRAJAN GANAPATHI YADAV AND NATRAJAN GANAPATHY

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 10,52,800 EQUITY SHARES OF FACE VALUE OF RS. 10.00/- EACH ('EQUITY SHARES') OF GANESH FILMS INDIA LIMITED ('THE COMPANY' OR THE 'ISSUER') FOR CASH AT A PRICE OF RS. 80.00/- PER EQUITY SHARE, INCLUDING A PREMUIM OF RS 70.00/- PER EQUITY SHARE (THE 'ISSUE PRICE'), AGGREGATING RS. 842.24 LAKHS (THE ISSUE'), OF WHICH 57,600 EQUITY SHARES OF FACE VALUE OF RS. 10.00/- FOR CASH AT A PRICE OF RS. 80.00/- EACH AGGREGATING 46.08 LAKHS WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER TO THE ISSUE (THE 'MARKET MAKER RESERVATION PORTION'). THE ISSUE LESS MARKET MAKER RESERVATION PORTION I.E. ISSUE OF 9,95,200 EQUITY SHARES OF FACE VALUE OF RS. 10.00 EACH FOR CASH AT A PRICE OF RS. 80.00/- PER EQUITY SHARE, AGGREGATING TO RS. 796.16 LAKHS IS HEREINAFTER REFERRED TO AS THE 'NET ISSUE'. THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 35.00% AND 33.09%, RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF THE COMPANY.

FACE VALUE OF THE EQUITY SHARE IS RS. 10 EACH AND THE ISSUE PRICE IS 8.00 TIMES OF THE FACE VALUE.
ISSUE OPENED ON: MONDAY, JULY 16, 2018 AND CLOSED ON: MONDAY JULY 23,2018

The Equity Shares of the Company are proposed to be listed on the SME Platform of BSE. Our Company has received an approval from BSE for the listing of the Equity Shares pursuant to letter dated July 5,2018. BSE shall be the Designated Stock Exchange for the purpose of this Issue. The Issue is being made through the Fixed Price process, 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 Issue of shares to the Public shall Initially be made available for allotment to Retail Individual Investors. The balance of 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. If the Retail Individual Investor category is entitled to more than 50% on proportionate basis, they shall be allotted that higher percentage. Under subscription, if any, in any of the categories, would be allowed to be met with spill-over 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 have participated in this offer through ASBA process. For details in this regard, specific attention is invited to chapter 'Issue Procedure' on page 176 of the Prospectus.

SUBSCRIPTION DETAILS.

The Issue has received 388 applications for 10,92,800 Equity shares (Before Technical Rejections & before bids not banked) (including Market Maker Application of 57,600 Equity Shares) resulting 1.04 times subscription. After considering, Technical Rejection cases, the issue was subscribed 1.02 times (including the Market Maker Portion).
The details of application received (Before Technical Rejections & before bids not banked)

The details of bids not banked are detailed below

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 July 26,2018

A. Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the issue price of Rs. 80/- 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 57,600 Equity Shares in full out of reserved portion of 57,600 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. 80/- per Equity Share, was finalized in consultation with BSE. The category was subscribed by 1.02 times. Total number of shares allotted in this category is 5,34,400 Equity Shares. The category wise basis of allotment is as under:

C. Allocation to Other than Retail Individual Investors (After Technical Rejections): The Basis of Allotment to other than Retail Individual Investors, at the issue price of Rs 80/- per Equity Share, was finalized in consultation with BSE. The category was subscribed by 1.02 times. Total number of shares allotted in this category is 4,60,800 Equity Shares. The category wise basis of allotment is as under:

The Board of Directors of the Company at its meeting held on July 27,2018 has taken on record the Basis of Allocation of Equity Shares, as approved by the Designated Stock Exchange viz. BSE and has 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 on or before July 30,2018 Further, the instructions to SCSBs has been issued on July 27,2018 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 be commences on or before July 31,2018, subject to 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, Bigshare Services Private Limited 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
1st Floor, BharatTin Works Building,
Opp. Vasarvt Oasis, Makwana Road, Marol,
Andheri (East), Mumbai-400059
Tel No.: 022 62638200 Fax No: 02262638299
Email Id: ipo@bigshareonline.com Website: www.bigshareonline.com
SEBI Registration No: INR00001385 Contact Person: Vipin Gupta
Investor Grievance E-mail: investor@bigshareonline.com

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 GANESH FILMS INDIA LIMITED.
Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectus.
DISCLAIMER CLAUSE OF BSE: It is to be distinctly understood that the permission given by BSE Limited ('BSE') should not in any way be deemed or construed that the Prospectus has been cleared or approved by BSE nor does it certify the correctness or completeness of any of the contents of the Prospectus. The investors are advised to refer to the Prospectus for the full text of the 'DisclaimerClause of the SME Platform of BSE' on page 162 of the Prospectus.