InterGlobe
Aviation Limited
Our Company was incorporated on January 13,2004 in Lucknow under the
Companies Act, 1956 with the Registrar of Companies, Uttar Pradesh and Uttaranchal at
Kanpur as 'InterGlobe Aviation Private Limited'. The name of our Company was
changed to 'Inter Globe Aviation Limited' on August 11,2006, The registered
office was subsequently state of Uttar Pradesh to the National Capital Territory of Delhi
with effect from September 6,2004 and such alteration was confirmed by the order of the
Company Law Board dated September 1, 2004. The registered office was changed within the
National Capital Territory of Delhi to its current place on October 1, 2006. For details
of change in the name and registered office of our Company, please see the chapter 'History
and Other Corporate Matters' beginning on page 209 of the Prospectus dated
October 30,2015 ('Prospectus').
Registered Office: Central Wing, Ground Floor, Thapar House, 124
Janpath, New Delhi -110 001, India; Tel: +91 11 6500 0428; Fax: +91 11 4351
3200; Corporate Office: Levels 1-5, Tower-C, Global Business Park, M.G. Road,
Gurgaon - 122 002, Haryana, India; Tel: +91 124 435 2500; Fax: +91 124 406
8536; Contact Person. Suresh Kumar Bhutani, Company Secretary and Compliance
Officer; Tel: +91 124 485 2158; Fax: +91 124 426 8664; E-mail: investors@goindigo.in; Website: www.goindigo.in; Corporate Identity Number: U62100DL2004PLC129768.
PROMOTERS OF OUR COMPANY: MR. RAHUL BHATIA, MR. RAKESH GANGWAL, ACQUIRE SERVICES
PRIVATE LIMITED AND INTERGLOBE ENTERPRISES LIMITED.
The Equity Shares are proposed to be listed on the BSE Limited ('BSE') and
the National Stock Exchange of India Limited ('NSE') and the trading will
commence on or about November 10,2015.
INITIAL PUBLIC OFFERING OF 39,546,814 EQUITY SHARES OF FACE VALUE RS 10 EACH
('EQUITY SHARES') OF INTERGLOBE AVIATION LIMITED ('COMPANY' OR
'ISSUER') FOR CASH AT A PRICE OF RS 765 PER EQUITY SHARE ( INCLUDING A SHARE
PREMIUM OF RS 755 PER EQUITY SHARE) AGGREGATING RS 30,085 MILLION CONSISTING OF A FRESH
ISSUE OF 16,722,796 EQUITY SHARES BY OUR COMPANY AGGREGATING RS 12,722 MILLION
('FRESH ISSUE') AND AN OFFER FOR SALE OF 22,824,018 EQUITY SHARES COMPRISING
3,290,419 EQUITY SHARES BY INTERGLOBE ENTERPRISES LIMITED, 3,006,000 EQUITY SHARES BY MR.
RAHUL BHATIA, 2,741,287 EQUITY SHARES BY MR. RAKESH GANGWAL, 601,200 EQUITY SHARES BY MR.
ANIL CHANANA, 149,900 EQUITY SHARES BY DR. ASHA MUKHERJEE, 300,600 EQUITY SHARES BY MR.
KUNAL CHANANA, 6,012,000 EQUITY SHARES BY MR. NEWTON BRUCE ASHBY, 100,200 EQUITY SHARES BY
MR. SANJAY KUMAR, 84,000 EQUITY SHARES BY MR. SHAKTI SWARUP LUMBA, 1,169,142 EQUITY SHARES
BY MS. SHOBHA GANGWAL, 1,442,000 EQUITY SHARES BY MR. STEVEN EUGENE HARFST, 1,503,000
EQUITY SHARES BY PAUL CARL SCHORR, IV (NOMINEE OF G5 INVESTMENTS) AND 2,424,270 EQUITY
SHARES BY THE CHINKERPOO FAMILY TRUST (TRUSTEE: MS. SHOBHA GANGWAL & J. P. MORGAN
TRUST COMPANY OF DELWARE) (COLLECTIVELY REFERRED TO AS THE 'SELLING
SHAREHOLDERS') AGGREGATING RS 17,363 MILLION ('OFFER FOR SALE'). THE FRESH
ISSUE AND THE OFFER FOR SALE ARE TOGETHER REFERRED TO AS THE 'ISSUE'.
THE ISSUE LESS THE EMPLOYEE RESERVATION PORTION IS HEREINAFTER REFERRED TO AS THE
'NET ISSUE'. THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 11.0 % AND 10.4 %,
RESPECTIVELY, OF THE POST-ISSUE PAIDUP EQUITY SHARE CAPITAL OF OUR COMPANY.
Issue Price:
Rs 765 PER EQUITY SHRRE OF FACE VALUE OF RS 10 EACH
THE ISSUE PRICE IS 76.5 TIM6S OF TH FACE VALUE
ANCHOR INVESTORS ISSUE PRICE: RS 765 PER EQUITY SHARE
BID/ISSUE OPENED ON* TUESDAY, OCTOBER 27, 2015
BID/ISSUE CLOSED ON THURSDAY, OCTOB6R 29, 2015
ANCHOR INVESTOR BID/ISSUE PERIOD: OCTOBER 26, 2015
*Our Company and the Selling Shareholders, in consultation with the GCBRLMs and BRLMs,
are offering a discount of 10% (equivalent of Rs.76.5) on the Issue Price to Eligible
Employees. Our Company and the Selling Shareholders have, in consultation with the GCBRLMs
and the BRLMs, considered participation by Anchor Investors. The Anchor Investor Bidding
Date was one Working Day prior to the Bid/Issue Opening Date.
In terms of Rule 19(2)(b)(iii) of the Securities Contracts (Regulation) Rules,
1957, as amended (the 'SCRR') read with Regulation 41 of the ICDR
Regulations, this Issue is being made for at least 10% of the post-Issue paid-up Equity
Share capital of our Company. The Issue is being made through the Book Building Process in
compliance with the provisions of Regulation 26(1) of the ICDR Regulations, wherein 50% of
the Net Issue was available for allocation to Qualified Institutional Buyers ('QIBs').
Our Company, in consultation with the Selling Shareholders, the GCBRLMs and the BRLMs,
has allocated up to 60% of the QIB Category to Anchor Investors (the 'Anchor
Investor Portion') at the Anchor Investor Allocation Price, on a discretionary
basis, out of which at least one-third has been allocated to domestic Mutual Funds only.
Such number of Equity Shares representing up to 5% of the QIB Category (excluding Anchor
Investor Portion) shall be available for allocation on a proportionate basis to Mutual
Funds only, and the remaining QIB Category shall be available for allocation on a
proportionate basis to all QIBs, including Mutual Funds, subject to valid Bids being
received at or above Issue Price. Further, not less than 15% of the Net Issue shall be
available for allocation on a proportionate basis to Non Institutional Investors and not
less than 35% of the Net Issue shall be available for allocation to Retail Individual
Investors, subject to valid Bids being received from them at or above the Issue Price#,
such that subject to availability of Equity Shares, each Retail Individual Investor shall
be Allotted not less than the minimum Bid Lot, and the remaining Equity Shares, if
available, shall be allotted to all Retail Individual Investors on a proportionate basis.
Further, 2,200,000 Equity Shares have been reserved for allocation on a proportionate
basis to Eligible Employees, subject to valid Bids being received at or above the Issue
price. All QIBs (other than Anchor Investors) and Non-Institutional Investors must
compulsorily, and Retail Individual Investors and Eligible Employees could optionally,
participate in this Issue though the ASBA process by providing the details of their
respective bank accounts in which the corresponding Bid Amounts were blocked by the SCSBs.
Specific attention of investors is invited to the chapter 'Issue Procedure' beginning
on page 502 of the Prospectus.
#Discount of Rs.76.5 per Equity Share to the Issue Price has been offered to Eligible
Employees
Pursuant to the Employee Reservation Portion being undersubscribed in the Issue, the
final Issue size is Rs.30,171 million and the net Issue size is Rs.30,000 million. The
total number of Equity Shares outstanding after the Issue are 360,356,544 Equity Shares.
Accordingly, The Equity Shares which are being locked-in are eligible for computation of
Promoters' contribution in accordance with the provisions of the ICDR Regulations is as
below:
Date of
Transaction and when made fully paid-up |
Nature of Transaction |
Nature of consideration |
Number of Equity Shares
locked-in* |
Face Value |
Issue/ Acquisition
Price per Equity Share (Rs.) |
Percentage of
post-Issue paid-up Equity Share Capital (%) |
Mr.RakeshGangwal |
June 25,2015 |
Bonus issue |
N.A. |
35,463,1821 |
10 |
Nil |
9.8% |
InterGlobe Enterprises |
June 25,2015 |
Bonus issue |
N.A. |
36,608,127 |
10 |
Nil |
10.2% |
*Except as disclosed under 'Capital Structure - Equity Share Capital History' on page
95 of the Prospectus, none of the Equity Shares acquired by our Promoters were partly paid
up at the time of allotment. All the above Equity Shares are fully paid-up as on the date
of the Prospectus.
The Issue and the net Issue will constitute 11% and 10.9% respectively of 'the post
issue paid-up equity. The Issue received 135,224 applications for 195,472,950 Equity
Shares (prior to technical rejections) resulting in 4.95 times subscription.
Under-subscription in the retail category has been allowed to be met with spill-over from
QIB category and NIB category in the proportion of their tranches. Under- subscription in
the Employee Reservation Portion has been added back to the Net Issue Portion. The details
of the applications received in the Issue from various categories are as under: (before
technical rejections):
SI
No |
Category |
No. of
Applications |
No. of
Equity Shares |
No. of times
Subscribed |
Amount |
Shares
Reserved |
A |
Retail Individual Bidders |
133,240 |
12.365,235 |
1.02 |
9,470,022,551.00 |
12,155,115 |
C |
Non Institutional Bidders |
345 |
20,716,680 |
3.32 |
15,848,274,015.00 |
6,244,809 |
D |
Qualifies Institutional
Bidders (Excluding Anchors) |
136 |
150,870,090 |
15.18 |
115,890,218,325.00 |
9,939,813 |
E |
Anchor Investors |
43 |
11,249,505 |
1.03 |
8,605,871,325.00 |
10,876,215 |
B |
Employee Reservation Category Bidders |
1,460 |
271,440 |
1.09 |
187,253,487.00 |
248,610 |
|
Total |
135,224 |
195,472,950 |
4.95 |
150,001,639,703.00 |
39,464,562 |
Final Demand
A summary of the final demand as per the NSE and BSE as on the Bid/Issue Closing Date at
different Bid prices is as
SI No |
Bid
Price |
Bids
Quantity |
(%) to
Total |
Cumulative
Total |
% Cumulative
Total |
1 |
700 |
2,639,790 |
1.41 |
2,639,790 |
1.41 |
2 |
701 |
7,860 |
0.00 |
2,647,650 |
1.41 |
3 |
702 |
2,325 |
0.00 |
2,649,975 |
1.41 |
4 |
703 |
615 |
0.00 |
2,650,590 |
1.41 |
5 |
704 |
255 |
0.00 |
2,650,845 |
1.41 |
6 |
705 |
5,835 |
0.00 |
2,656,680 |
1.42 |
7 |
706 |
915 |
0.00 |
2,657,595 |
1.42 |
8 |
707 |
195 |
0.00 |
2.657,790 |
1.42 |
9 |
708 |
330 |
0.00 |
2,658,120 |
1.42 |
10 |
709 |
105 |
0.00 |
2,658,225 |
1.42 |
11 |
710 |
29.910 |
0.02 |
2.688.135 |
1.43 |
12 |
711 |
510 |
0.00 |
2.688,645 |
1.43 |
13 |
712 |
300 |
0.00 |
2,688,945 |
1.43 |
14 |
713 |
0 |
0.00 |
2,688,945 |
1.43 |
15 |
714 |
105 |
0.00 |
2,689.050 |
1.43 |
16 |
715 |
5,760 |
0.00 |
2,694,810 |
1.44 |
17 |
716 |
150 |
0.00 |
2.694.960 |
1.44 |
18 |
717 |
135 |
0.00 |
2.695.095 |
1.44 |
19 |
718 |
90 |
O,00 |
2.695.185 |
1.44 |
20 |
719 |
345 |
0.00 |
2.695.530 |
1.44 |
21 |
720 |
17,595 |
0.01 |
2,713,125 |
1.45 |
22 |
721 |
420 |
0.00 |
2,713,545 |
1.45 |
23 |
722 |
135 |
0.00 |
2.713.680 |
1.45 |
24 |
723 |
60 |
0.00 |
2,713,740 |
1.45 |
25 |
724 |
0 |
0.00 |
2.713.740 |
1.45 |
26 |
725 |
22,620 |
0.01 |
2,736,360 |
1.46 |
27 |
726 |
315 |
0.00 |
2,736,675 |
1.46 |
28 |
727 |
525 |
0.00 |
2,737,200 |
1.46 |
29 |
728 |
75 |
0.00 |
2.737.275 |
1.46 |
30 |
729 |
825 |
0.00 |
2,738,100 |
1.46 |
31 |
730 |
22,140 |
0.01 |
2,760,240 |
1.47 |
32 |
731 |
465 |
0.00 |
2.760.705 |
1.47 |
33 |
732 |
840 |
0.00 |
2,761.545 |
1.47 |
34 |
733 |
1,470 |
0.00 |
2,763,015 |
1.47 |
35 |
734 |
375 |
0.00 |
2.763.390 |
1.47 |
36 |
735 |
54,315 |
0.03 |
2,817,705 |
1.50 |
37 |
736 |
300 |
0.00 |
2.818.005 |
1.50 |
38 |
737 |
60 |
0.00 |
2,818,065 |
1.50 |
39 |
738 |
676 |
0.00 |
2.818.740 |
1.50 |
40 |
739 |
30 |
0.00 |
2.818.770 |
1.50 |
41 |
740 |
19,875 |
0.01 |
2,838,645 |
1.51 |
42 |
741 |
240 |
0.00 |
2.838,885 |
1.51 |
43 |
742 |
60 |
0.00 |
2,838,945 |
1.51 |
44 |
743 |
270 |
0.00 |
2,839,215 |
1.51 |
45 |
744 |
195 |
0.00 |
2,839,410 |
1.52 |
46 |
745 |
8,655 |
0.00 |
2,848,065 |
1.52 |
47 |
746 |
60 |
000 |
2,848,125 |
1.52 |
48 |
747 |
735 |
0.00 |
2.848,860 |
1.52 |
49 |
748 |
150 |
0.00 |
2,849,010 |
1.52 |
50 |
749 |
255 |
0.00 |
2,849,265 |
1.52 |
51 |
750 |
272,745 |
0.15 |
3.122,010 |
1.67 |
52 |
751 |
840 |
0.00 |
3.122,850 |
1.67 |
53 |
752 |
540 |
0.00 |
3,123,390 |
1.67 |
54 |
753 |
120 |
0.00 |
3,123,510 |
1.67 |
55 |
754 |
60 |
0.00 |
3,123,570 |
1.67 |
56 |
755 |
10,035 |
0.01 |
3,133,605 |
1.67 |
57 |
756 |
120 |
0.00 |
3,133,725 |
1.67 |
58 |
757 |
165 |
0.00 |
3,133.890 |
1.67 |
59 |
758 |
585 |
0.00 |
3.134,475 |
1.67 |
60 |
759 |
390 |
0.00 |
3.134,865 |
1.67 |
61 |
760 |
14,280 |
0.01 |
3,149.145 |
1.68 |
62 |
761 |
345 |
0.00 |
3,149,490 |
1.68 |
63 |
762 |
645 |
0.00 |
3,150,135 |
1.68 |
64 |
763 |
2.670 |
0.00 |
3.152,805 |
1.68 |
65 |
764 |
3,135 |
0.00 |
3,155,940 |
1.68 |
66 |
765 |
172,508,160 |
92.05 |
175,664,100 |
93.73 |
67 |
CUTOFF |
11,745,765 |
6.27 |
187,409,865 |
100.00 |
|
TOTAL |
187,409,865 |
100.00 |
|
|
The Basis of Allotment was finalized in consultation with the Designated Stock
Exchange, being NSE on November 05,2015.
A. Allotment to Retail Individual Bidders (After Technical Rejections) (including
ASBA Applications)
The Basis of Allotment to the Retail Individual Bidders, who have bid at cut-off or at
the Issue Price of Rs.765 per Equity Share, was finalized in consultation with the NSE.
This category has been subscribed to the extent of 0.885581 times. The total number
of Equity Shares Allotted in Retail Individual Bidders category is 12,155,115 Equity
Shares to 129,353 successful applicants. The category-wise details of the Basis of
Allotment are as under:
Category |
No. of
Applications Received |
% of
Total |
Total No. of
Equity Shares applied |
% to
Total |
No. of Equity Shares
allotted per applicant |
Ratio |
Total No. of
Equity Shares allotted |
15 |
64,136 |
49.58 |
962,040 |
7.91 |
15 |
1:1 |
962,040 |
30 |
9,788 |
7.57 |
293,640 |
2.42 |
30 |
1:1 |
293,640 |
45 |
3,990 |
3.08 |
179,550 |
1.48 |
45 |
1:1 |
179,550 |
60 |
3,921 |
3.03 |
235.260 |
1.94 |
60 |
1:1 |
235,260 |
75 |
1,844 |
1.43 |
138,300 |
1.14 |
75 |
1:1 |
138,300 |
90 |
1.511 |
1.17 |
135,990 |
1.12 |
90 |
1:1 |
135,990 |
105 |
1,566 |
1.21 |
164,430 |
1.35 |
105 |
1:1 |
164,430 |
120 |
2,483 |
1.92 |
297,960 |
2.45 |
120 |
1:1 |
297,960 |
135' |
2,221 |
1.72 |
299,835 |
2.47 |
135 |
1:1 |
299,835 |
150 |
1.286 |
0.99 |
192.900 |
1.59 |
150 |
1:1 |
192,900 |
165 |
152 |
0.12 |
25.080 |
0.21 |
165 |
1:1 |
25,080 |
180 |
228 |
0.18 |
41.040 |
0.34 |
180 |
1:1 |
41,040 |
195 |
389 |
0.30 |
75,855 |
0.62 |
195 |
1:1 |
75,855 |
210 |
284 |
0.22 |
59,640 |
0.49 |
210 |
1:1 |
59,640 |
225 |
297 |
0.23 |
66,825 |
0.55 |
225 |
1:1 |
66,825 |
240 |
251 |
0.19 |
60.240 |
0.50 |
240 |
1:1 |
60,240 |
255 |
35,006 |
27.06 |
8,926,530 |
73.44 |
255 |
1:1 |
8,926,530 |
TOTAL |
129,353 |
100.00 |
12,155,115 |
100.00 |
|
|
12,155,115 |
B. Allotment to Non-Institutional Bidders
(After Technical Rejections)
The Basis of Allotment to the Non-Institutional Bidders, who have bid at the Issue
Price of Rs 765 per Equity Share or above, was finalized in consultation with the
NSE. This category has been subscribed to the extent of 3.315157 times. The total number
of Equity Shares Allotted in this category is 6,244,809 Equity Shares to 319 successful
applicants. The category-wise details of the Basis of Allotment are as under (Sample):
Category |
No. of
Applications
Received |
% of
Total |
Total No. of
Equity Shares
applied |
% to
Total |
No. of
Equity Shares
allotted per
applicant |
Ratio |
Total No. of
Equity
Shares
allotted |
270 |
13 |
4.08 |
3,510 |
0.02 |
81 |
1:1 |
1,053 |
300 |
20 |
6.27 |
6,000 |
0.03 |
90 |
1:1 |
1.800 |
315 |
2 |
0.63 |
630 |
0.00 |
95 |
1:1 |
190 |
330 |
3 |
0.94 |
990 |
0.00 |
100 |
1:1 |
300 |
360 |
1 |
0.31 |
360 |
0.00 |
109 |
1:1 |
109 |
375 |
3 |
0.94 |
1,125 |
0.01 |
113 |
1:1 |
339 |
390 |
7 |
2.19 |
2,730 |
0.01 |
118 |
1:1 |
826 |
405 |
4 |
1.25 |
1,620 |
0.01 |
122 |
1:1 |
488 |
435 |
3 |
0.94 |
1,305 |
0.01 |
131 |
1.1 |
393 |
450 |
4 |
1.25 |
1,800 |
0.01 |
136 |
1:1 |
544 |
495 |
7 |
2.19 |
3,465 |
0.02 |
149 |
1:1 |
1,043 |
510 |
7 |
2.19 |
3,570 |
0.02 |
154 |
1:1 |
1,078 |
525 |
1 |
0.31 |
525 |
0.00 |
158 |
1:1 |
158 |
540 |
1 |
0.31 |
540 |
0.00 |
163 |
.1:1 |
163 |
570 |
1 |
0.31 |
570 |
0.00 |
172 |
1:1 |
172 |
585 |
1 |
0.31 |
585 |
0.00 |
176 |
1:1 |
176 |
600 |
5 |
1.57 |
3,000 |
0.01 |
181 |
1:1 |
905 |
645 |
13 |
4.08 |
8,385 |
0.04 |
195 |
1:1 |
2,535 |
660 |
5 |
1.57 |
3,300 |
0.02 |
199 |
1:1 |
995 |
675 |
2 |
0.63 |
1,350 |
0.01 |
204 |
1:1 |
408 |
705 |
1 |
0.31 |
705 |
0.00 |
213 |
1:1 |
213 |
720 |
1 |
0.31 |
720 |
0.00 |
217 |
1:1 |
217 |
735 |
1 |
0.31 |
735 |
0.00 |
222 |
1.1 |
222 |
750 |
5 |
1.57 |
3,750 |
0.02 |
226 |
1:1 |
1,130 |
765 |
1 |
0.31 |
765 |
0.00 |
231 |
1:1 |
231 |
780 |
3 |
0.94 |
2,340 |
0.01 |
235 |
1:1 |
705 |
810 |
1 |
0.31 |
810 |
0.00 |
244 |
1:1 |
244 |
840 |
1 |
0.31 |
840 |
0.00 |
253 |
1:1 |
253 |
870 |
1 |
0.31 |
870 |
0.00 |
262 |
1:1 |
262 |
900 |
2 |
0.63 |
1,800 |
0.01 |
271 |
1:1 |
542 |
915 |
2 |
0.63 |
1.830 |
0.01 |
276 |
1:1 |
552 |
975 |
1 |
0.31 |
975 |
0.00 |
294 |
1:1 |
294 |
1005 |
3 |
0.94 |
3,015 |
0.01 |
303 |
1:1 |
909 |
1020 |
2 |
0,63 |
2,040 |
0.01 |
08 |
1:1 |
616 |
1035 |
2 |
0.63 |
2,070 |
0.01 |
12 |
1:1 |
624 |
1050 |
4 |
1.25 |
4,200 |
0.02 |
317 |
1:1 |
1,268 |
1110 |
1 |
0.31 |
1,110 |
0.01 |
335 |
1:1 |
335 |
1155 |
2 |
0.63 |
2,310 |
0.01 |
348 |
1:1 |
696 |
1170 |
2 |
0.63 |
2,340 |
0.01 |
353 |
1:1 |
706 |
1200 |
1 |
0.31 |
1,200 |
0.01 |
362 |
1:1 |
362 |
1275 |
1 |
0.31 |
1,275 |
0.01 |
385 |
1:1 |
385 |
1290 |
2 |
0.63 |
2,580 |
0.01 |
389 |
1:1 |
778 |
1305 |
26 |
8.15 |
33,930 |
0.16 |
394 |
1:1 |
10,244 |
1350 |
1 |
0.31 |
1,350 |
0.01 |
407 |
1:1 |
407 |
1485 |
1 |
0.31 |
1,485 |
0.01 |
448 |
1:1 |
448 |
1500 |
5 |
1.57 |
7,500 |
0.04 |
452 |
1:1 |
2,260 |
1575 |
1 |
0.31 |
1,575 |
0.01 |
475 |
1:1 |
475 |
1605 |
1 |
0.31 |
1,605 |
0.01 |
484 |
1:1 |
484 |
1650 |
1 |
0.31 |
1,650 |
0.01 |
498 |
1:1 |
498 |
1680 |
1 |
0.31 |
1,680 |
0.01 |
507 |
1:1 |
507 |
1710 |
1 |
0.31 |
1,710 |
0.01 |
516 |
1:1 |
516 |
1770 |
1 |
0.31 |
1,770 |
0.01 |
534 |
1:1 |
534 |
1830 |
2 |
0.63 |
3,660 |
0.02 |
552 |
1:1 |
1,104 |
1950 |
3 |
0.94 |
5,850 |
0.03 |
588 |
1:1 |
1,764 |
2010 |
2 |
0.63 |
4,020 |
0.02 |
606 |
1:1 |
1,212 |
2475 |
2 |
0.63 |
4,950 |
0.02 |
747 |
1:1 |
1,494 |
2520 |
1 |
0.31 |
2,520 |
0.01 |
760 |
1:1 |
760 |
2550 |
1 |
0.31 |
2,550 |
0.01 |
769 |
1:1 |
769 |
2595 |
1 |
0.31 |
2,595 |
0.01 |
783 |
1:1 |
783 |
2610 |
6 |
1.88 |
15,660 |
0.08 |
787 |
1:1 |
4,722 |
2895 |
1 |
0.31 |
2,895 |
0.01 |
873 |
1:1 |
873 |
3000 |
1 |
0.31 |
3,000 |
0.01 |
905 |
1:1 |
905 |
3150 |
1 |
0.31 |
3,150 |
0.02 |
950 |
1:1 |
950 |
3165 |
1 |
0.31 |
3,165 |
0.02 |
955 |
1:1 |
955 |
3255 |
5 |
1.57 |
16.275 |
0.08 |
982 |
1:1 |
4,910 |
3270 |
2 |
0.63 |
6,540 |
0.03 |
986 |
1:1 |
1,972 |
3300 |
1 |
0.31 |
3,300 |
0.02 |
995 |
1:1 |
995 |
3795 |
1 |
0.31 |
3.795 |
0.02 |
1145 |
1:1 |
1,145 |
3900 |
1 |
0.31 |
3,900 |
0.02 |
1176 |
1:1 |
1,176 |
3930 |
1 |
0.31 |
3,930 |
0.02 |
11B5 |
1:1 |
1,185 |
4050 |
2 |
0.63 |
8,100 |
0.04 |
1222 |
1:1 |
2,444 |
4080 |
1 |
0.31 |
4,080 |
0.02 |
1231 |
1:1 |
1,231 |
4500 |
1 |
0.31 |
4,500 |
0.02 |
1357 |
1:1 |
1,357 |
4545 |
1 |
0.31 |
4,545 |
0.02 |
1371 |
1:1 |
1,371 |
4575 |
1 |
0.31 |
4.575 |
0.02 |
1380 |
1:1 |
1.380 |
4995 |
1 |
0.31 |
4,995 |
0.02 |
1507 |
1:1 |
1,507 |
5010 |
1 |
0.31 |
5,010 |
0.02 |
1511 |
1:1 |
1,511 |
5100 |
2 |
0.63 |
10,200 |
0.05 |
1538 |
1:1 |
3,076 |
5220 |
3 |
0.94 |
15,660. |
0.08 |
1575 |
1:1 |
4,725 |
5250 |
1 |
0.31 |
5,250 |
0.03 |
1584 |
1:1 |
1.584 |
5655 |
1 |
0.31 |
5,655 |
0.03 |
1706 |
1:1 |
1,706 |
5880 |
9 |
2.82 |
52,920 |
0.26 |
1774 |
1:1 |
15,966 |
6285 |
1 |
0.31 |
6,285 |
0.03 |
1896 |
1:1 |
1,896 |
6525 |
6 |
1.88 |
39.150 |
0.19 |
1968 |
1:1 |
11,808 |
6540 |
1 |
0.31 |
6,540 |
0.03 |
1973 |
1:1 |
1,973 |
7065 |
1 |
0.31 |
7.065 |
0.03 |
2131 |
1:1 |
2,131 |
7500 |
1 |
0.31 |
7,500 |
0.04 |
2262 |
1:1 |
2,262 |
8070 |
1 |
0.31 |
8,070 |
0.04 |
2434 |
1:1 |
2,434 |
8250 |
1 |
0.31 |
8.250 |
0.04 |
2489 |
1:1 |
2,489 |
8550 |
1 |
0.31 |
8,550 |
0.04 |
2579 |
1:1 |
2,579 |
9150 |
1 |
0.31 |
9,150 |
0.04 |
2760 |
1:1 |
2,760 |
9990 |
1 |
0.31 |
9,990 |
0.05 |
3013 |
1:1 |
3,013 |
10320 |
1 |
0.31 |
10,320 |
0.05 |
3113 |
1:1 |
3,113 |
11010 |
1 |
0.31 |
11,010 |
0.05 |
3321 |
1:1 |
3,321 |
12990 |
1 |
0.31 |
12,990 |
0.06 |
3918 |
1:1 |
3,918 |
13065 |
6 |
1.88 |
78,390 |
0.38 |
3941 |
1:1 |
23,646 |
13110 |
1 |
0.31 |
13,110 |
0.06 |
3955 |
1:1 |
3,955 |
13500 |
1 |
0.31 |
13,500 |
0.07 |
4072 |
1:1 |
4,072 |
14250 |
1 |
0.31 |
14,250 |
0.07 |
4298 |
1:1 |
4,298 |
15000 |
2 |
0.63 |
30,000 |
0.14 |
4525 |
1:1 |
9,050 |
16080 |
1 |
0.31 |
16,080 |
0.08 |
4850 |
1:1 |
4,850 |
18600 |
1 |
0.31 |
18,600 |
0.09 |
5611 |
1:1 |
5.611 |
19605 |
1 |
0.31 |
19,605 |
0.09 |
5914 |
1:1 |
5,914 |
26130 |
6 |
1.88 |
156,780 |
0.76 |
7882 |
1:1 |
47,292 |
30435 |
1 |
0.31 |
30,435 |
0.15 |
9181 |
1:1 |
9,181 |
Category |
No. of
Applications
Received |
% of
Total |
Total No. of
Equity Shares applied |
% to
Total |
No. of Equity Shares
allotted per applicant |
Ratio |
Total No. of
Equity
Shares allotted |
32700 |
1 |
0.31 |
32,700 |
0.16 |
9864 |
1:1 |
9,864 |
42000 |
1 |
0.31 |
42,000 |
0.20 |
12669 |
1:1 |
12,669 |
45000 |
1 |
0.31 |
45.000 |
0.22 |
13574 |
1:1 |
13.574 |
49620 |
1 |
0.31 |
49.620 |
0.24 |
14968 |
1:1 |
14,968 |
50025 |
1 |
0.31 |
50,025 |
0.24 |
15090 |
1:1 |
15,090 |
52275 |
1 |
0.31 |
52,275 |
0.25 |
15768 |
1:1 |
15,768 |
54000 |
1 |
0.31 |
54,000 |
0.26 |
16289 |
1:1 |
16,289 |
65355 |
1 |
0.31 |
65,355 |
0.32 |
19714 |
1:1 |
19,714 |
65400 |
2 |
0.63 |
130.800 |
0.63 |
19728 |
1:1 |
39.456 |
82800 |
1 |
0.31 |
82,800 |
0.40 |
24976 |
1:1 |
24,976 |
100005 |
1 |
0.31 |
100,005 |
0.48 |
30166 |
1:1 |
30,166 |
129000 |
2 |
0.63 |
258,000 |
1.25 |
38912 |
1:1 |
77,824 |
. 130710 |
1 |
0.31 |
130,710 |
0.63 |
39428 |
1:1 |
39,428 |
130725 |
2 |
0.63 |
261,450 |
1.26 |
39433 |
1:1 |
78,866 |
163395 |
1 |
0.31 |
163,395 |
0.79 |
49287 |
1:1 |
49,287 |
184095 |
1 |
0.31 |
184,095 |
0.89 |
55531 |
1:1 |
55,531 |
196065 |
1 |
0.31 |
196,065 |
0.95 |
59142 |
1:1 |
59,142 |
261435 |
2 |
0.63 |
522,870 |
2.53 |
. 78861 |
1:1 |
157,722 |
300000 |
1 |
.0.31 |
300,000 |
1.45 |
90493 |
1:1 |
90,493 |
325995 |
2 |
0.63 |
651,990 |
3.15 |
98335 |
1:1 |
196,670 |
326790 |
2 |
0.63 |
653,580 |
3.16 |
98575 |
1:1 |
197,150 |
392145 |
1 |
0.31 |
392,145 |
1.89 |
118289 |
1:1 |
118,289 |
600000 |
1 |
0.31 |
600,000 |
2.90 |
180987 |
1:1 |
180,987 |
653580 |
1 |
0.31 |
653,580 |
3.16 |
197149 |
1:1 |
197,149 |
654990 |
1 |
0.31 |
654,990 |
3.16 |
197574 |
1:1 |
197,574 |
675000 |
1 |
0.31 |
. 675.000 |
3.26 |
203610 |
1:1 |
203.610 |
679725 |
1 |
0.31 |
679,725 |
3.28 |
205036 |
1:1 |
205,036 |
900000 |
1 |
0.31 |
900.000 |
4.35 |
271480 |
1:1 |
271.480 |
980400 |
1 |
0.31 |
980,400 |
4.74 |
295733 |
1:1 |
295,733 |
1231890 |
1 |
0.31 |
1,231,890 |
5.95 |
371593 |
1:1 |
371,593 |
1250055 |
1 |
0.31 |
1,250,055 |
6.04 |
377073 |
1:1 |
377,073 |
1350000 |
1 |
0.31 |
1,350,000 |
6.52 |
407221 |
1:1 |
407,221 |
1568625 |
2 |
0.63 |
3,137,250 |
15.15 |
473168 |
1:1 |
946,336 |
3279991 |
1 |
0.31 |
3.279.990 |
15.84 |
989391 |
1:1 |
989,391 |
Total |
319 |
100.00 |
20,702,520 |
100.00 |
|
|
6,244,809 |
C. Allotment to Employee (After Technical
Rejections)
The Basis of Allotment to the Employee Bidders, who have bid at the Issue Price of Rs
688.50 per Equity Share or above, was finalized in consultation with the NSE. This
category has been subscribed to the extent of 0.113005 times. The total number of Equity
Shares Allotted in this category is 248,610 Equity Shares to 1,266 successful applicants.
The category-wise details of the Basis of Allotment are as under:
Category |
No. of
Applications
Received |
% of
Total |
Total No. of
Equity
Shares applied |
% to
Total |
Equity Shares
allotted per applicant |
Ratio |
Total no. of
Shares allotted |
15 |
88 |
6.95 |
1,320 |
0.53 |
15 |
1:1 |
1,320 |
30 |
79 |
6.24 |
2,370 |
0.95 |
30 |
1:1 |
2,370 |
45 |
56 |
4.42 |
2,520 |
1.01 |
45 |
1:1 |
2,520 |
60 |
40 |
3.16 |
2,400 |
0.97 |
60 |
1:1 |
2,400 |
75 |
50 |
3.95 |
3,750 |
1.51 |
75 |
1:1 |
3,750 |
90 |
25 |
1.97 |
2.250 |
0.91 |
90 |
1:1 |
2.250 |
105 |
26 |
2.05 |
2.730 |
1.10 |
105 |
1:1 |
2.730 |
120 |
26 |
2.05 |
3,120 |
1.25 |
120 |
1:1 |
3,120 |
135 |
20 |
1.58 |
2,700 |
1.09 |
135 |
1:1 |
2,700 |
150 |
93 |
7.35 |
13.950 |
5.61 |
150 |
1:1 |
13.950 |
165 |
8 |
0.63 |
1.320 |
0.53 |
165 |
1:1 |
1.320 |
180 |
7 |
0.55 |
1.260 |
0.51 |
180 |
1:1 |
1.260 |
195 |
9 |
0.71 |
1.755 |
0.71 |
195 |
1:1 |
1.755 |
210 |
21 |
1.66 |
4.410 |
1.77 |
210 |
1:1 |
4.410 |
225 |
15 |
1.18 |
3,375 |
1.36 |
225 |
1:1 |
3,375 |
240 |
4 |
0.32 |
960 |
0.39 |
240 |
1:1 |
960 |
255 |
21 |
1.66 |
5,355 |
2.15 |
255 |
1:1 |
5,355 |
270 |
11 |
0.87 |
2.970 |
1.19 |
270 |
1:1 |
2.970 |
285 |
667 |
52.69 |
190,095 |
76.46 |
285 |
1:1 |
190,095 |
TOTAL |
1,266 |
100.00 |
248,610 |
100.00 |
|
|
248,610 |
D: Allotment to QIBs (excluding Anchor Investors)
Allotment to QIBs, who have Bid at the Issue Price of Rs. 765 per Equity Share or above,
has been done on a proportionate basis in consultation with the NSE. This category has
been subscribed to the extent of 15.16 times of Net QIB portion. As per theSEBI
Regulations, Mutual Funds wereAllotted 496,991 of the Equity Shares of Net QIB portion
available i .e. 496,991 Equity Shares and other QIBs and unsatisfied demand of Mutual
Funds were Allotted the remaining available Equity Shares i.e. 9,442,822 Equity Shares on
a proportionate basis. The total number of Equity Shares Allotted in the QIB category is
9,939,813 Equity Shares, which were allotted to 131 successful Applicants.The category-
wise details of the Basis of Allotment are as under:
Category |
Fls/Banks |
MFs |
ICs |
Others |
AIF |
Fll |
Total |
QIB |
82,187 |
1,847,235 |
51,111 |
8,218 |
0 |
7,951,062 |
9,939,813 |
D. Allotment to Anchor lnvestors
The Company and Selling Shareholders have allotted 10,876,215 Equity Shares to 43
Anchor Investors, in consultation with the GCBRLMs and the BRLMs. In accordance with the
SEBI Regulations, this represents 55.47% of the QIB Portion before overflow.
Category |
Fls/Banks |
MFs |
ICs |
VCs |
AIF/FPC |
Fll |
Total |
Anhcor |
- |
1,105,050 |
- |
- |
- |
9,771,165 |
10,876,215 |
The Board of Directors of our Company at its meeting held on November 05,2015, has
taken on record the basis of allotment of Equity Shares approved by the Designated Stock
Exchange, being NSE and has allotted the Equity Shares to various successful applicants.
The CAN-cum-Refund Orders and Allotment Advice have been dispatched to the address of the
investors as registered with the depositories on or before November 07, 2015. Further,
instructions to the SCSBs have been dispatched/mailed on November 05,2015. In case the
same is not received within ten days, investors may contact the Registrar to the Issue at
the address given below. The Refund Orders have been over-printed with the bank account
details as registered, if any, with the depositories. The Equity Shares allotted to the
successful allottees have been uploaded on November 06, 2015 for credit into the
respective beneficiary accounts subject to validation of the account details with the
depositories concerned. Our Company is taking steps to get the Equity Shares admitted for
trading on the NSE and BSE within 12 working days of the Bid/Issue Closing Date.
All the capitalized terms used and not specifically defined shall have the same meaning
as ascribed to them in the Prospectus.
INVESTORS PLEASE NOTE
The details of the allotment made will be hosted on the website of the Registrar to the
Issue, Karvy Computershare Private Limited at http://www.karisma.karvy.com
All future correspondence in this regard may kindly be addressed to the Registrar to
the Issue quoting full name of the First/ Sole applicant, Serial number of the
Bid-Cum-Application form, number of Equity Shares bid for, name of the Member of the
Syndicate, place where the bid was submitted and payment details at the address given
below:
Karvy Computershare Private Limited
Karvy Selenium Tower B, Plot 31-32, Gachibowli,
Financial District Nanakramguda, Hyderabad-500 032, India
Tel:+91 40 6716 2222, Fax:+91 40 23431551,
Email: einward.ris@karvy.com, Website: www.karisma.karvy.com
Investor grievance email: indigo.ipo@karvy.com,
Contact Person: Mr. M Murali Krishna
SEBI Registration No.: INR000000221
Place: New Delhi
Date: November 06,2015 |
For INTERGLOBE AVIATION LIMITED
on behalf of Board of Directors
Sd/-
Company Secretary |
THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET
PRICE OFTHE EQUITY SHARES ON LISTING ORTHE BUSINESS PROSPECTS OF INTERGLOBEAVIATION
LIMITED. |