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JALAN TRANSOLUTIONS (INDIA) LIMITED Our Company was originally incorporated at Delhi as Jalan Carriers Private Limited on April 07, 2003 under the provisions of the Companies Act, 1956. Subsequently the constitution of our Company was changed to a Public Limited Company and the name was changed to 'JalanTransolutions (India) Limited' vide fresh certificate of incorporation dated January 30, 2008 issued by the Registrar of Companies. NCT of Delhi & Haryana. The Corporate Identification Number of Our Company is U63090DL2003PLC119773. For details of change in registered office of our Company please refer to chapter titled 'Our History and Certain Other Corporate Matters'' beginning on page 133 of the Prospectus. Registered Office: 206 Ajnara Bhawan, D-Block Martet,
Vivek Vihar, Delhi -110095, India PROMOTERS OF THE COMPANY; MR. MANISH JALAN AND MR. RAJESH JALAN BASIS OF ALLOTMENT PUBLIC ISSUE OF 38,49,004 EQUITY SHARES OF FACE VALUE OF Rs. 10/- EACH FULLY PAID UP OF
JALAN TRANSOLUTIONS (INDIA) LIMITED ('JALAN' OR 'JTIL' OR THE
'COMPANY' OR THE 'ISSUER') FOR CASH AT A PRICE OF Rs. 46/- PER EQUITY
SHARE (THE 'ISSUE PRICE') (INCLUDING SHARE PREMIUM OF Rs. 36/- PER EQUITY SHARE)
AGGREGATING Rs. 1770.54 LAKHS (THE 'ISSUE') BY OUR COMPANY, OF WHICH 1,95,000
EQUITY SHARES OF FACE VALUE OF 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 36,54,500 EQUITY SHARES
OF FACE VALUE OF Rs. 10/- EACH FULLY PAID UP IS HEREINAFTER REFERRED TO AS THE 'NET
ISSUE'.THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 26.48% AND 25.14%
RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF THE COMPANY. THE FACE VALUE OF THE EQUITY SHARES IS RS. 10/- EACH. THE ISSUE PRICE IS
RS- 46/- The 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 (ICDR) Regulations. 2009, as amended from time to time. The Company has received an in-principle approval leller dated April 28, 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 Limited. The trading is proposed to be commenced with effect from Wednesday, May 31,2017* *Subject to receipt of listing and trading approvals from the National Stock Exchange of India Limited. All Applicants participated in the Issue through APPLICATIONS SUPPORTED BY BLOCKED AMOUNT ('ASBA') process by providing the details of their respective bank accounts in which the corresponding applications amounts were blocked by Self Certified Syndicalc Banks (the 'SCSBs'). SUBSCRIPTION DETAILS The Issue has received 1,805 applications for 97,50,000 Equity Shares resulting in 2.53 times subscription (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 following tables give us Category wise net valid applications:
* As per regulation 43(4) of SEBI (ICDR) retail Individual investor category is entitled to more than fifty percent an proportionate basis, the retail Individual investors shall be allocated that higher percentageAllocation: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - National Stock Exchange of India Limited May 26,2017. A. Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the issue price at Rs. 46/- per Equity Share, was finalized in consultation with NSE. The category was subscribed by 1.00 times. The total number of shares allotted in this category is 1,95,000 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 46/- per Equity Shares, was finalized in consultation with NSE. The category was subscribed by 2.76 times The total number of shares allotted in this category is 1947000 Equity Shares to 649 successful applicant. The Category wise details of the Basis of Allotment are as under:
C. Allocation to Other than Retail Individual Investors (After Technical Rejections): The Basis of Allotment to the Non Institutional Investors, at the issue price of Rs. 46/- per Equity sharre, was finalized in consultation with NSE. The category was subscribed 2.42 times. The total number of shares allotted in this category is 1707000 Equity Shares to 91 successful applicants. The Category-wise details of the Basis of Allotment are as under:
The CAN and allotment and/or notices will be dispatched to the address of the Applicant as- registered with the depositories on or before May 29,2017. Further, the instructions to Self Certified Syndicate Banks for unblocking the amount are being processed on or prior to May 29, 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 concerned. 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. Note: All capitalized terms used and not defined herein shall have the respective meaning assigned to them in the Prospectus dated May 09, 2017 ('Prospectus'). INVESTORS PLEASE NOTE The details of the allottment made would also be hosted on the website of the Registrar to the issue. KARVY COMPUTERSHARE PRIVATE LIMITED at 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 applicants, 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: KARVY COMPUTERSHARE 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 Jalan Transolutions IPO .
The Jalan Transolutions IPO basis of allotment (published above) tells you how shares are allocated to you in Jalan Transolutions IPO and category wise demand of IPO share.
Visit the Jalan Transolutions IPO allotment status page to check the number of shares allocated to your application.
In Jalan Transolutions 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 Jalan Transolutions IPO basis of allotment document to know how the shares are allocated in Jalan Transolutions IPO.
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