| JAGJANANI
TEXTILES LIMITED
(Onginally incorporated as a Public Limited Company under the provisions
of the Companies Act, 1956 on 1st April 1997 as
"Jagjanani Textiles Limited" vide certificate of incorporation no. 17-013498
& obtained Certificate for commencement of business on 7th May 1997 from The Registrar
of Companies, Rajasthan, Jaipur).
Registered Office: S-25 Shyam Nagar, Ajmer Road, Jaipur, Rajasthan - 302
019
Tel: +91-141-2294776, Fax: +91 -141 -2293818,
E-mail: compliance@jagjanani.com;
Website: www.jagjanani.com
Corporate Office: F-l4.AshokVihar, Phase I, Delhi-110 052 .
Tel:+91-011-27211221,27241916;Fax:+91-011-27211221;E-mail:sks@iagjanani.com
Contact person: Mr Naresh Sharma, Company Secretary & Compliance Officer; Email: compliance@jagjanani.com
BASIS OF ALLOTMENT
PUBLIC ISSUE OF 81,00,000 EQUITY SHARES OF RS.10/- EACH AT A PRICE OF RS.25/-
PER EQUITY SHARE INCLUSIVE OF PREMIUM AGGREGATING RS.2025 LAKHS. THE ISSUE PRICE IS RS
25/- PER SHARE IS 2.5 TIMES THE FACE VALUE
The Board of Directors of Jagjanani Textiles Limited wish to thank the investing public
for their overwhelming response to the Company's maiden Public issue which opened for
subscription on Thursday, February 15,2007 and closed on Friday, February 23,2007. The
Company had received 5152 application for1,26,80,600 equity shares from indian public
resulting in1.5655 times subscription.
The Basis of Allotment was finalised in consultation with the Bombay Stock Exchange
Limited (BSE") (the Designated Stock Exchange) on Thursday, March 08, 2007 and
81,00,000 equity shares have been allotted by the Board of Directors at its Meeting held
on March 08, 2007 as mentioned below. The detaits of valid applications received in the
issue from the Retail and non-institutional investors categories after rejection and
withdrawals are as under:
| Category |
No. of
Valid Applications |
% Valid of
Application |
No. of shares
Applied for |
Subscription (times) |
| Retail Investor |
5081 |
99.73 |
11,115,000 |
1.473 |
| Non Institutional Investors |
13 |
0.25 |
8,01,400 |
1.4719 |
| Firm Allotment |
1 |
0.02 |
10,000 |
1 |
A. ALLOCATION TO RETAIL INVESTORS
The Basis of Allotment to the Retail investors was finalized in consultation with BSE The
Company received 5081 valid applications for 1,11,15,000 equity shares in this category
resulting in an over subscription of 1.4730 times.The total number of shares allocated in
this category is 75,45,542 Equity shares. The category-wise detail of the allotment is as
under:
| Category |
No. of Applications |
% to Total |
Total No. of
Shares Applied |
% to Total |
No. of Shares Alloted |
Ratio |
Total No. of
Shares Allocated |
| 200 |
1098 |
21.61 |
2,19,600 |
1.98 |
200 |
17:25 |
1,49,800 |
| 400 |
556 |
10.94 |
2,22,400 |
2.00 |
272 |
1:1 |
1,51,232 |
| 600 |
253 |
4.98 |
1,51,800 |
1.37 |
407 |
1:1 |
1,02,971 |
| 800 |
167 |
359 |
1,33,600 |
1.20 |
543 |
1:1 |
90,681 |
| 1000 |
315 |
650 |
3,15,000 |
2.83 |
679 |
1:1 |
2,13,885 |
| 1200 |
32 |
0.63 |
38,400 |
0.35 |
815 |
1:1 |
26,080 |
| 1400 |
13 |
0.26 |
18.200 |
0.16 |
950 |
1:1 |
12,350 |
| 1600 |
21 |
0.41 |
33,600 |
0.30 |
1,086 |
1:1 |
22,806 |
| 1800 |
135 |
2.66 |
2,43,000 |
2.19 |
1,222 |
1.1 |
1,64,970 |
| 2000 |
70 |
1.38 |
1,40,000 |
126 |
1,357 |
1:1 |
94,990 |
| 2200 |
4 |
0.08 |
8,800 |
0.08 |
1,494 |
1:1 |
5,976 |
| 2400 |
2 |
0.04 |
4,800 |
0.04 |
1,630 |
1:1 |
3,260 |
| 2600 |
1 |
0.02 |
2,600 |
0.02 |
1,765 |
1.1 |
1,765 |
| 2800 |
1 |
0.02 |
2,800 |
0.03 |
1,901 |
1:1 |
1,901 |
| 3000 |
17 |
0.33 |
51,000 |
0.46 |
2,037 |
1:1 |
34,629 |
| 3200 |
9 |
0.18 |
28,800 |
026 |
2,172 |
1:1 |
19,548 |
| 3400 |
4 |
0.08 |
13,600 |
0.12 |
2,309 |
1:1 |
9236 |
| 3600 |
8 |
0.16 |
28,800 |
056 |
2,444 |
1:1 |
19,552 |
| 3800 |
209 |
4.11 |
7,94,200 |
7.15 |
233 |
1:1 |
5,39,220 |
| 4000 |
2166 |
42.63 |
86,64,000 |
77.95 |
2,715 |
1:1 |
58,80,690 |
B. ALLOCATION TO NON INSTITUTIONAL INVESTORS:
The Basis of Allotment to the Non institutional investors was finalized In consultation
with BSE. The category was subscribed (net of technical/multiple rejections) 1.4719 times.
The Company received 13 valid applications for 8,01,400 equity shares in this category
resulting in an over subscription of 1.4730 times. The total number of shares allocated in
this category is 5,44,458 Equity shares. The category-wise detail of the allotment is as
under
| Category |
No. of Applications |
% to total |
Total No. of Shares Applied |
% to Total |
No. of Shares Alloted |
Ratio |
Total No. of
Shares Allocated |
| 4200 |
1 |
7.69 |
4,200 |
0.52 |
2,853 |
1:1 |
2,853 |
| 6000 |
1 |
7.69 |
6,000 |
0.75 |
4,076 |
1:1 |
4,076 |
| 10000 |
2 |
15.38 |
20,000 |
2.50 |
6,794 |
1:1 |
13,688 |
| 20000 |
2 |
15.38 |
40,000 |
4.99 |
13,586 |
1:1 |
27,176 |
| 40000 |
1 |
7.69 |
40,000 |
4.99 |
27,175 |
1:1 |
27,175 |
| 48000 |
1 |
7.69 |
48,000 |
5.99 |
32,610 |
1:1 |
32,610 |
| 68000 |
1 |
7.69 |
68,000 |
8.49 |
46,198 |
1:1 |
46,198 |
| 75000 |
1 |
7.69 |
75,000 |
9.36 |
50,954 |
1:1 |
50,954 |
| 100200 |
1 |
7.69 |
1,00,200 |
12.50 |
68,074 |
1:1 |
68,074 |
| 200000 |
2 |
1539 |
4,00,000 |
49.91 |
1,35,877 |
1:1 |
2,71,754 |
The Board of Directors of the Company at its meeting held at S-25, Shyam Nagar,
Jaipur-302019 on March 08,2007 has approved the basis of allocation of shares of the issue
and has allotted the shares to various successful applicants.
The physical refund warrants, intimation regarding refunds through electronic modes
(ECS, RTGS. NEFT or Direct Credit} and allotment advice have been dispatched to the same
address of the investors as registered with the depositories on March 09,2007. Incase the
same is not received within ten days, Investors may contact at the address given below.
The refund Orders have been over-printed with the Bank Mandate as registered, if any, with
the deopositiories.
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 on March 12,2007. The listing application has been filed with the Bombay Stock
Exchange Limited on March 12,2007 and the Company is taking steps to complete all
formalities for listing and commencement of trading of Equity Shares on the Bombay Stock
Exchange Limited within seven working days from the date of allotment.
INVESTOR PLEASE NOTE
The details of allotment have also been posted on the web site of the Registrar to the
Issue, Intime Spectrum Registry Limited at www.intimespectrum.com
INTIME SPECTRUM REGISTRY LIMITED,
SEBI Ragn NO.INR000003761, UIN No. 100002071,
C-13, Pannalal Silk Mills Compound, LBS Marg, Bhandup (W), Mumbai-400 078,
Tel: +91-022-2596 0320 (9 Lines), Fax: +91-022-2596 0329,
Website: www.intimespectrum.com com, E-mall:jagjanani@intimespectrum.com
Contact Person: Mr. Salim Shaikh
Date : March 13,2007
Place: Jaipur |
For JAGJANANI TEXTILES LIMITED
On behalf of the Board of Directors
Sd/-
ShreeGopalVyas
Whole Time Director |
THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER
THE MARKET PRICE OF THE EQUITY SHARE ON LISTING OR THE BUSINESS PROSPECTS OF JAGJANANI
TEXTILES LIMITED. |
Zerodha (Trading Account)
RHP
