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RELICAB CABLE MANUFACTURING LIMITED Our Company was incorporated as Relicab Cable Manufacturing Pvt. Ltd. on February 23, 2009 under the Companies Act, 1956, with the Registrar of Companies, Goa, Daman and Diu bearing Registration Number 004670. The status of our Company was changed to public limited company and the name of our Company was changed to Relicab Cable Manufacturing Limited by a special resolution passed on, September 09, 2015. A fresh Certificate of Incorporation consequent to the change of name was granted to our Company on September 22, 2015, by the Registrar of Companies, Goa, Daman and Diu, bearing CIN U27201DD2009PLC004670. For further details, please see the chapter 'History and Certain Corporate Matters' on page no. 126 of the Prospectus. Registered Office: 57/1, (4-B) Benslore Industrial Estate,
Village Dunetha, Nani Daman, Daman - 396 210. Tel Fax No.: +91 - 260 - 325 5493; Email:
investor.relicab@gmail.com; Website:
www.relicab.com PROMOTER OF OUR COMPANY: MR. SUHIR S. SHAH AND MR. PARAG J. SHAH BASIS OF ALLOTMENT PUBLIC ISSUE OF 16,08,000 EQUITY SHARES OF 710 EACH ('EQUITY SHARES') OF RELICAB CABLE MAUFACTURING LIMITED ('RCML' OR THE 'COMPANY') FOR CASH AT A PRICE OF 7 20 PER SHARE (THE 'ISSUE PRICE'), AGGREGATING TO 7 321.60 LAKHS ('THE ISSUE'), OF WHICH 96,000 EQUITY SHARES OF 7 10 EACH WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKERS TO THE ISSUE (THE 'MARKET MAKER RESERVATION PORTION'). THE ISSUE LESS MARKET MAKER RESERVATION PORTION I.E. ISSUE OF 15,12,000 EQUITY SHARES OF 7 10 EACH IS HEREINAFTER REFERRED TO AS THE 'NET ISSUE'. THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 35.09% AND 32.99%, RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF THE COMPANY. THE FACE VALUE OF OUR EQUITY SHARES IS 7 10 EACH. THE ISSUE PRICE OF EQUITY SHARES IS 7 20 EACH AND THE ISSUE PRICE IS 2.00 TIMES OF THE FACE VALUE. ISSUE OPENED ON MARCH 09, 2016 AND CLOSED ON MARCH 14, 2016. The Equity Shares of the Company are proposed to be listed on the SME Platform of BSE
Limited ('BSE'). In terms of the Chapter XB of the SEBI (ICDR) Regulations,
2009, as amended from time to time, we are not required to obtain an in-principle listing
approval from BSE. However, our Company has received an approval via letter dated November
24, 2015 from BSE for using its name in the offer document for listing of our shares on
the SME Platform of BSE. BSE shall be the Designated Stock Exchange for the purpose of
this Issue. The trading is proposed to be commenced on or before March 22, 2016* This being a Fixed Price Issue, 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 Offer of shares to the Public shall initially be made available for allotment to Retail individual investors. The balance 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. 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 shall participate in the Issue only through APPLICATIONS SUPPORTED BY BLOCKED AMOUNT ('ASBA') process by providing the details of their respective bank accounts in which the corresponding application amounts were blocked by Self Certified Syndicate Banks (the 'SCSBs'). SUBSCRIPTION DETAILS The Net Issue has received 89 applications for 16,56,000 Equity Shares resulting in
1.09 times subscription. The details of the applications received in the Net Issue (before
and after technical rejections) are as follows:
Note: The Issue also includes 96,000 Equity Shares reserved for Market Maker, which was oversubscribed by 1.125 times and there were no Technical Rejections In the event of oversubscription, the allotment will be made on a proportionate basis in marketable lots. There was under-subscription of 2,76,000 Equity Shares in Retail Category & over subscription 4,08,000 Equity Shares in Non - Retail Category, before spill over. The unsubscribed portion of Retail Category i.e. 2,76,000 Equity Share has been added to the Non-Retail Category. The Basis of Allotment was finalised in consultation with the Designated Stock Exchange - BSE Ltd on March 16, 2016. A) Allocation to Marker Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the issue price of 7 20 per Equity Share, was finalised in consultation with BSE. The category was subscribed by 1.125 times. The total number of shares allotted in this category is 96,000 Equity Shares. The category-wise details of the Basis of Allotment are as under.
B) Allocation to Retail Individual Investors (After Technical Rejections): The Basis of Allotment to the Retail Individual Investors, at the issue price of 7 20 per Equity Share, was finalised in consultation with BSE. The total number of shares allocated in this category is 7,56,000 Equity Shares. The category was subscribed by 0.63 times. The category-wise details of the Basis of Allotment are as under.
C) Allocation to Non - Retails Category (After Technical Rejections): The Basis of Allotment to the Non - Retail Investors, at the issue price of 7 20 per Equity Share, was finalised in consultation with BSE. The total number of shares allocated in this category is 10,32,000 Equity Shares including unsubscribed portion of Retail Category. The category was subscribed by 1.13 times. The category-wise details of the Basis of Allotment are as under.
The Board of Directors of the Company at its meeting held on March 17, 2016 has taken on record the Basis of Allotment of Equity Shares, as approved by the Designated Stock Exchange viz. BSE and has authorized the corporate action for the allotment of the Equity Shares to various successful applicants. The CAN and allotment advice and/ or notices have been dispatched to the address of the investors as registered with the depositories. Further, the instructions to Self Certified Syndicate Banks have been processed on March 17, 2016 for unblocking of funds. The Equity Shares allotted to successful applicants have been 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 t he address given below. The Company is taking steps to get the Equity Shares admitted for trading on the SME Platform of BSE Limited within 6 working days from the Closure of the Issue. The trading is proposed to be commenced on or before March 22, 2016 subject to receipt of listing and trading approvals from BSE. Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectus dated February 27, 2016 ('Prospectus'). INVESTORS PLEASE NOTE The details of the allotment made has been hosted on the website of the Registrar to the Issue, Sharex Dynamic (I) Private Limited at Website: www.sharexindia.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 Application Form, number of shares applied for and Bank Branch where the Application had been lodged and payment details at the address given below: SHAREX DYNAMIC (INDIA) PRIVATE LIMITED Unit-1, Luthra Industrial Premises, Safed Pool, Andheri Kurla Road, Andheri (E), Mumbai
- 400 072, Maharashtra, India
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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 Relicab Cable IPO .
The Relicab Cable IPO basis of allotment (published above) tells you how shares are allocated to you in Relicab Cable IPO and category wise demand of IPO share.
Visit the Relicab Cable IPO allotment status page to check the number of shares allocated to your application.
In Relicab Cable 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 Relicab Cable IPO basis of allotment document to know how the shares are allocated in Relicab Cable IPO.
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