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February 5, 2018 - February 7, 2018

Mohini Health IPO Basis of Allotment

MOHINI HEALTH and HYGIEHE LIMITED

Our Company was originally incorporated as 'Mohini Fibers Private Limited' at Indore, Madhya Pradesh as a Private Limited Company under the provisions of Companies Act, 1956 vide Certificate of Incorporation dated June 24,2009 bearing Corporate Identification NumberU17300MP2009PTC022058 issued by the Deputy Registrar of Companies, Madhya Pradesh and Chattisgarh. Subsequently, our Company was converted into a Public Limited Company pursuant to special resolution passed by members of the Company in Extra Ordinary General Meeting of the Company held on February 02,2015 and the name of our Company was changed to 'Mohini Fibers Limited' vide Fresh Certificate of Incorporation consequent upon conversion of company to Public Limited dated February 27,2015, issued by Assistant Registrar of Companies, Gwalior. Further, our Company got listed on Emerge- Institutional Trading Platform of the National Stock Exchange of India Limited on August 12,2015. Subsequently, the name of our Company was changed to 'Mohini Health and Hygiene Limited' pursuant to special resolution passed by members in Extra Ordinary General Meeting held on May 04,2017' and a Fresh Certificate of Incorporation pursuant to change of name dated May 18,2017 was issued by Registrar of Companies, Gwalior. Subsequently, vide withdrawal letter dated October 11,2017 issued by National Stock Exchange of India Limited, dealings in equity shares of the Company was withdrawn w.e.f October 25,2017 and Company got Voluntarily Delisted from EMERGE Institutional Trading Platform of the National Stock Exchange of India Limited. The Corporate Identification number of our Company is U17300MP2009PLC022058.For further details of Incorporation, Change of Name and Registered Office of our company, please referto chapter titled 'General Information' and 'Our History and Certain Other Corporate Matters' beginning on page 58 and page 139 of the Prospectus

Registered Office: Plot No 109, Sector 3, Industrial Area, Pithampur, Dhar 454774, Madhya Pradesh, India. Tel No.: 07292426666; Fax No.: Not Available
E-mail: investors@mohinihealthandhygiene.com; Website: www.mohinihealthandhygiene.com; Contact Person: Shweta Bhamare, Company Secretary and Compliance Officer

PROMOTERS OF OUR COMPANY: MR. SARVAPRIYA BANSAL AND MR. AVNISH BANSAL

BASIS OF ALLOTMENT

INITIAL PUBLIC OFFER CONSISTING OF FRESH ISSUE OF 49,32,000 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH FULLY PAID FOR CASH AT A PRICE OF RS. 42 PER EQUITY SHARE (THE 'ISSUE PRICE') (INCLUDING A SHARE PREMIUM OF RS. 32 PER EQUITY SHARE) AGGREGATING RS. 2071.44 LAKHS (THE 'ISSUE'), OF WHICH 2,49,000 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH FOR CASH AT A PRICE OF RS. 42/- PER EQUITY SHARE, AGGREGATING RS. 104.58 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 46,83,000 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH FOR CASH AT A PRICE OF RS. 42/- PER EQUITY SHARE, AGGREGATING RS. 1966.86 LAKHS IS HEREINAFTER REFERRED TO AS THE 'NET ISSUE'. THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 27.05% AND 25.68% RESPECTIVELY OF THE FULLY DILUTED POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY.

Risks to Investors:

I. As on date of the Prospectus, the average cost of acquisition per Equity Share by our Promoters viz.Sarvapriya Bansal is 2.53 and Avnish Bansal is 5.41.
II. In terms of Prospectus dated February 09,2018 and as per SEBI (ICDR) Regulations, 2009 wherein
A. minimum of 49.78% of the Net Issue was allocated to QIBs. However, 1,17,000 Equity shares consisting of 5.02% of the QIB Portion was available for allocation proportionately to Mutual fund,
B. Not less than 15% of the Issue was available for allocation on proportionate basis to Non-Institutional Investors and not less than 35% of the Issue was available for allocation to Retail Individual Investors, in accordance with the SEBI ICDR Regulations, subject to valid Bids being received at or above the Issue Price.

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 282 of the Prospectus.

THE FACE VALUE OF EQUITY SHARES IS RS. 10/- EACH.
THE ISSUE PRICE IS RS. 42/-AND IS 4.2 TIMES THE FACE VALUE OF THE EQUITY SHARES

ISSUE

MONDAY, FEBRUARY 05, 2018
CLOSED ON: WEDNESDAY, FEBRUARY 07, 2018

The Equity Shares of our Company issued through the Prospectus are proposed to be listed on the EMERGE Platform of National Stock Exchange of India Limited ('NSE EMERGE'). In terms of the Chapter XB of the SEBI (ICDR) Regulations, 2009 as amended from time to time. Our Company has received an in principal approval letter dated January 10,2018 from NSE for using its name in the Issue document for listing of our shares on the EMERGE Platform of National Stock Exchange of India Limited. For the purpose of this Issue, National Stock Exchange of India Limited shall be the Designated Stock Exchange.

SUBSCRIPTION DETAILS

The Issue has received 7,350 applications for 10,46,67,000 Equity shares (Before Technical Rejections, bids not banked and invalid duplicate bids) including Market Maker Application of 2,49,000 Equity Shares. The issue was subscribed to the extent of 21.22 times as per the application data (before technical rejection, bids not banked and invalid duplicated bids). After considering the technical rejections cases, the issue was subscribed 20.4173 times. The details of application received (Before Technical Rejection but after bids not banked and invalid duplicate bids)

CATEGORY NUMBER OF APPLICATIONS NUMBER OF EQUITY SHARES SUBSCRIPTION
Market Makers 1 2,49,000 1
QIB 8 1,36,47,000 5.85
Other than Retail Individual Investors 177 66,840,000 94.81
Retail Individual Investors 6,976 20,928,000 12.71
TOTAL 7,162 10,16,64,000 20.61

Final Demand

Sr.No. Bid Price No. of Equity Shares % to total Cumulative % of Cumulative total
1. 40 4,77,000 0.46 4,77,000 0.46
2. 41 36,000 0.03 5,13,000 0.49
3. 42 9,68,22,000 92.67 9,73,35,000 93.16
4. CUTOFF 10,44,78,000 6.84 10,44,78,000 100.00
Total 10,44,78,000 100.00

ALLOCATION: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - EMERGE Platform of the National Stock Exchange of India Limited on February 13,2018

A. Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the issue price of Rs. 42/- per Equity Share, was finalized in consultation with National Stock Exchange of India Limited. The category was subscribed by 1.00 times. The total number of shares allotted in this category is 2,49,000 Equity shares in full out of reserved portion of 2,49,000 Equity Shares.
B. Allocation to Qualified Institutional Investors (After Technical Rejections): The Basis of Allotment to the Qualified Institutional Investors, at the issue price of Rs. 42/- per Equity Share, was finalized in consultation with National Stock Exchange of India Limited. The category was subscribed by 5.85 times. The total number of shares allotted in this category is 23,31,000 Equity shares in full out of reserved portion of 23,31,000 Equity Shares.

No. of Shares
Applied for
(Category wise)
No. of
Applications
received
%
to
total
Total No. of
Equity Shares
applied
%
to
total
Proportionate
Shares
Available
Allocation per
Applicant (Before
Rounding Off)
Allocation per
Applicant (After
Rounding OB)
Ratio of
Allottees to
the Applicants
Total No. of
Equity Shares
allotted
Surplus/
(Deficit)
1,53,000 1 12.50 1,53,000 1.12 26,135 26135.00 27000.00 1:1 27,000 865
4,50,000 1 12.50 4,50,000 3.30 76,863 76863.00 75000.00 1:1 75,000 (1863)
10,65,000 1 12.50 10,65,000 7.80 1,81,909 181909.00 183000.00 1:1 1,83,000 1091
15,45,000 1 12.50 15,45,000 11.32 2,63,896 263896.00 264000.00 1:1 2,64,000 104
17,70,000 1 12.50 17,70,000 12.97 3,02,328 302328.00 303000.00 1:1 3,03,000 672
17,85,000 1 12.50 17,85,000 13.08 3,04,890 304890.00 306000.00 1:1 3,06,000 1110
23,79,000 1 12.50 23,79,000 17.43 4,06,349 406349.00 405000.00 1:1 4,05,000 (1349)
45,00,000 1 12.50 45,00,000 32.97 7,68,630 768630.00 768000.00 1:1 7,68,000 (630)
8 100.00 1,36,47,000 100.00 23,31,000 23,31,000 0

C. Allocation to Retail Individual Investors (After Technical Rejections): The Basis of Allotment to the Retail Individual Investors, at the issue price of Rs. 42/- per Equity Share, was finalized in consultation with National Stock Exchange of India Limited. The category was subscribed by 12.48 times. Total number of shares allotted in this category is 16,47,000 Equity Shares. The category wise basis of allotment is as under:

No. of Shares
Applied for
(Category wise)
No. of
Applications
received
%
to
total
Total No. of
Equity Shares
applied
%
to
total
Proportionate
Shares
Available
Allocation per
Applicant (Before
Rounding Off)
Allocation per
Applicant (After
Rounding Off)
Ratio of
Allottees to
the Applicants
Total No. of
Equity Shares
allotted
Surplus/
(Deficit)
3,000 6,854 100.00 2,05,62,000 100.00 16,47,000 240.30 3000.00 15:187 16,47,000 0
6,854 100.00 2,05,62,000 100.00 16,47,000 16,47,000 0

D. Allocation to Non Institutional Investors (After Technical Rejection): The Basis of Allotment to other than Retail Individual Investors, at the issue price of Rs 42/- per Equity Share, was finalized in consultation with National Stock Exchange of India Limited. The category was subscribed by 93.96 times. Total number of shares allotted in this category is 7,05,000 Equity Shares. The category wise basis of allotment is as under:

Sr. No No. of Shares
Applied for
(Category
wise)
No. of
Applications
received
% to total Total No.of
Equity Shares applied
% to total Proportionate
Shares
Available
Allocation per Applicant
(Before
Rounding Off)
Allocation per Applicant
(After
Rounding Off)
Ratio of
Allottees to the Applicants
Total No. of
Equity Shares Allotted
Surplus / (Deficit)
1 6,000 26 15.12 1,56,000 0.24 1659 63.85 3000 1:26 3,000 1341
2 9,000 4 2.33 36,000 0.05 383 95.75 3000 0:4 0 (383)
3 12,000 7 4.07 84,000 0.13 894 127.71 3000 0:7 0 (894)
4 15,000 7 4.07 1,05,000 0.16 1118 159.71 3000 0:7 0 (1118)
5 18,000 5 2.91 90,000 0.14 958 191.60 3000 0:5 0 (958)
6 21,000 6 3.49 1,26,000 0.19 1341 223.50 3000 1:6 3,000 1659
7 24,000 5 2.91 1,20,000 0.18 1277 255.40 3000 1:5 3,000 1723
8 27,000 1 0.58 27,000 0.04 287 287.00 3000 0:1 0 (287)
9 30,000 4 2.33 1,20,000 0.18 1277 319.25 3000 1:4 3,000 1723
10 33,000 3 1.74 99,000 0.15 1054 351.33 3000 0:3 0 (1054)
11 36,000 1 0.58 36,000 0.05 383 383.00 3000 0:1 0 (383)
12 42,000 2 1.16 84,000 0.13 894 447 3000 0:2 0 (894)
13 45,000 3 1.74 1,35,000 0.20 1437 479.00 3000 1:3 3,000 1563
14 51,000 3 1.74 1,53,000 0.23 1628 542.67 3000 1:3 3,000 1372
15 54,000 2 1.16 1,08,000 0.16 1149 574.50 3000 0:2 0 (1149)
16 57,000 3 1.74 1,71,000 0.26 1820 606.67 3000 1:3 3,000 1180
17 60,000 1 0.58 60,000 0.09 639 639.00 3000 0:1 0 (639)
18 63,000 1 0.58 63,000 0.10 671 671.00 3000 0:1 0 (671)
19 66,000 1 0.58 66,000 0.10 702 702.00 3000 0:1 0 (702)
20 69,000 1 0.58 69,000 0.10 734 734.00 3000 0:1 0 (734)
21 72,000 2 1.16 1,44,000 0.22 1533 766.50 3000 1:2 3,000 1467
22 75,000 2 1.16 1,50,000 0.23 1596 798.00 3000 1:2 3,000 1404
23 78,000 1 0.58 78,000 0.12 830 830.00 3000 0:1 0 (830)
24 81,000 2 1.16 1,62,000 0.24 1724 862.00 3000 1:2 3,000 1276
25 84,000 1 0.58 84,000 0.13 894 894.00 3000 0:1 0 (894)
26 87,000 3 1.74 2,61,000 0.39 2778 926.00 3000 1:3 3,000 222
27 90,000 2 1.16 1,80,000 0.27 1916 958.00 3000 1:2 3,000 1084
28 93,000 1 0.58 93,000 0.14 990 990.00 3000 0:1 0 (990)
29 96,000 1 0.58 96,000 0.14 1022 1022.00 3000 0:1 0 (1022)
30 99,000 1 0.58 99,000 0.15 1054 1054.00 3000 0:1 0 (1054)
31 1,02,000 1 0.58 1,02,000 0.15 1086 1086.00 3000 0:1 0 (1086)
32 1,05,000 3 1.74 3,15,000 0.48 3353 1117.67 3000 2:3 6,000 2647
33 1,08,000 1 0.58 1,08,000 0.16 1149 1149.00 3000 0:1 0 (1149)
34 1,11,000 1 0.58 1,11,000 0.17 1181 1181.00 3000 1:1 3,000 1819
35 1,17,000 1 0.58 1,17,000 0.18 1245 1245.00 3000 1:1 3,000 1755
36 1,20,000 15 8.72 18,00,000 2.72 19158 1277.20 3000 2:5 18,000 (1158)
37 1,23,000 1 0.58 1,23,000 0.19 1309 1309.00 3000 1:1 3,000 1691
38 1,35,000 1 0.58 1,35,000 0.20 1437 1437.00 3000 1:1 3,000 1563
39 1,41,000 1 0.58 1,41,000 0.21 1501 1501.00 3000 1:1 3,000 1499
40 1,47,000 2 1.16 2,94,000 0.44 3129 1564.50 3000 1:2 3,000 (129)
41 1,65,000 1 0.58 1,65,000 0.25 1756 1756.00 3000 1:1 3,000 1244
42 1,68,000 1 0.58 1,68,000 0.25 1788 1788.00 3000 1:1 3,000 1212
43 2,04,000 1 0.58 2,04,000 0.31 2171 2171.00 3000 1:1 3,000 829
44 2,28,000 1 0.58 2,28,000 0.34 2427 2427.00 3000 1:1 3,000 573
45 2,37,000 7 4.07 16,59,000 2.50 17657 2522.43 3000 6:7 18,000 343
46 2,40,000 3 1.74 7,20,000 1.09 7663 2554.33 3000 1:1 9,000 1337
47 2,49,000 1 0.58 2,49,000 0.38 2650 2650.00 3000 1:1 3,000 350
48 2,79,000 1 0.58 2,79,000 0.42 2969 2969.00 3000 1:1 3,000 31
49 2,91,000 1 0.58 2,91,000 0.44 3097 3097.00 3000 1:1 3,000 (97)
50 3,00,000 1 0.58 3,00,000 0.45 3193 3193.00 3000 1:1 3,000 (193)
51 3,48,000 1 0.58 3,48,000 0.53 3704 3704.00 3000 1:1 3,000 (704)
52 4,74,000 2 1.16 9,48,000 1.43 10090 5045.00 3000 1:1 6,000 (4090)
3000 additional share is allocaed for Ssrial no 52 in the ratio of 1:2 1:2 3,000 3000
53 4,80,000 1 0.58 4,80,000 0.72 5109 5109.00 3000 1:1 3,000 (2109)
54 9,51,000 1 0.58 9,51,000 1.44 10122 10122.00 9000 1:1 9,000 (1122)
55 9,96,000 1 0.58 9,96,000 1.50 10601 10601.00 9000 1:1 9,000 (1601)
56 1188000 3 1.74 3564000 5.38 37932 12644.00 12000 1:1 36000 (1932)
57 11,91,000 1 0.58 11,91,000 1.80 12676 12676.00 12000 1:1 12,000 (676)
58 14,28,000 1 0.58 14,28,000 2.16 15198 15198.00 15000 1:1 15,000 (198)
59 20,22,000 1 0.58 20,22,000 3.05 21520 21520.00 21000 1:1 21,000 (520)
60 23,79,000 3 1.74 71,37,000 10.77 75960 25320.00 24000 1:1 72,000 (3960)
3000 additional share is allocaed for Serial no 60 in the ratio of 1:3 1:3 3,000 3000
61 33,30,000 1 0.58 33,30,000 5.03 35442 35442.00 33000 1:1 33,000 (2442)
62 35,70,000 8 4.65 2,85,60,000 43.12 303967 37995.88 36000 1:1 2,88,000 (15967)
3000 additional share is allocaed for Serial no 62 in the ratio of 5:8 5:8 15,000 15000
63 45,21,000 1 0.58 4521000 6.83 48118 48118.00 48000 1:1 48,000 (118)
172 100.00 6,62,40,000 100.00 7,05,000 7,05,000 0

The Board of Directors of the Company at its meeting held on February 13,2018 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz. National Stock Exchange of India Limited 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 13,2018, 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 EMERGE Platform of the National Stock Exchange of India Limited within six working days from the date of the closure of the Issue. The trading is proposed to commence on or before February 16,2018 subject to receipt of listing and trading approvals from National Stock Exchange of India Limited.

INVESTORS PLEASE NOTE

The details of the allotment made will be hosted on the website of the Registrar to the Issue at www.linkintime.co.in. 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:

LINK INTIME INDIA PRIVATE LIMITED
C-101,1st floor, 247 Park, L.B.S. Marg, Vikhroli (West), 400083, Maharashtra, India
Tel: +91 22 49186200 Fax: +91 22 49186195 Email: mohini.ipo@linkintime.co.in Website: www.linkintime.co.in
Contact Person: Shanti Gopalkrishnan SEBI Registration No: INR000004058

Date: February 14,2018 

Place: Indore

For Mohini Health & Hygiene Limited
On behalf of the Board of Directors
Sd/-
Avnish Bansal
Managing Director

Mohini Health IPO Basis of Allotment FAQs

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 Mohini Health IPO .

The Mohini Health IPO basis of allotment (published above) tells you how shares are allocated to you in Mohini Health IPO and category wise demand of IPO share.

Visit the Mohini Health IPO allotment status page to check the number of shares allocated to your application.

In Mohini Health 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 Mohini Health IPO basis of allotment document to know how the shares are allocated in Mohini Health IPO.