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S H KELKAR AND COMPANY LIMITED Our Company was incorporated as S.H.Kelkar & Co. Limited on July 1,
1955 at Mumbai under the Companies Act. 1913. The word 'private' was added In the name
of our Company under section: 43A (2At) of the Companies Act. 1956 on May 18. 2001. The
name of our Company; was changed to S H Kelkar and Company Limited pursuant to conversion
of the status of Our company to a public limited company and a fresh Certificate
of incorporation Consequent to change of name dated March 5, 2015 was issued by the
Roc. For further details, please refer to the section titled 'History and Certain
Corporate Matters' on page 151 of the Prospedus Corporate Identity
Number: U74999MHl955PLC009593. PROMOTERS OF OUR COMPANY: MR. RAMESH VINAYAK VAZE, MS. PRABHA RAMESH VAZE AND MR. KEDAR RAMESH VAZE BASIS OF ALLOTMENT The Equity Shares are proposed to be listed on the BSE Limited ('BSE') and
the National Stock Exchange or India Limited ('BSE') and the trading will
commence on Monday, November 16,2015. THE ISSUE PRICE: RS 180 PER EQUITY SHARE OF FACE VALUE OF RS 10 EACH BID/-ISSUE: OPENED ON WEDNESDAY, OCTOBER 28, 2015 CLOSED ON FRIDAY, OCTOBER 30, 2015 The Anchor Investor Bid/lssue Period Was One Working Day Prior To The Bid/issue Opening Data i.e. Tuesday, October 27, 2015 Pursuant to Rule (19(2)(b)(ii) of the securities Contracts (Regulations) Rules, 1957,
as amended (the 'SCRR') and Regulation 41 of the Securities and Exchange Board
of India (Issue of Capital and Disclosure Requirements) Regulations, 2009. as amended
('SEBIICDR Regulations') , the Issue was made for atleast such percentage of
Equity Shares equivalent to the value of Rs.4,000.00 million and the post-Issue capital of
our Company at the Issue Price is more than Rs.16,000.00 million but less than or equal to
Rs. 40,000.00 million. The Issue was made through the BookBuilding Process in accordance
with the SEBIICDR Regulations, wherein 50% of the Issue was available for allocation on a
proportionate basis to Qualified Institutional Buyers ('QIBs'). Our Company and
the Selling Shareholders have, in consultation with the BRLMs. allocated 60% of theQIB
Portion to Anchor Investors (the 'Anchor Investor Portion') at the Anchor
Investor Allocation Price, on a discretionary basis, out of which at least one-third was
available for allocation to domestic Mutual Funds only, subject to valid Bids received
from domestic Mutual Funds at the Anchor investor Allocation Price 5% of the Net QIB
portion was available for allocation on a proportionate basis to Mutual Funds only, and
the remainder of the Net QIB. Portion was available for allocation on a
proportionate basis to all QIBs, including Mutual Funds, subject to valid Bids received at
the Issue Price. Further, not less than 15% of the Issue was available for allocation on a
proportionate basis to Non-Institutional Investors and not less than 35% of the Issue was
available for allocation, in accordance with the SEBI ICDR Regulations, to Retail
individual investors, subject to valid Bids received at the Issue Price.
Final Demand A summary of the final demand as per the BSE and the NSE as on the Bid/Issue Closing Date at different Bid prices is as under:.
The Basis of Allotment was finalized in Consultation with the Designated Slock Exchange, being NSE on November 9,2015. A. Allotment to Retail Individual Investors (after technical rejections) (including ASBA applications) The Basis of Allotment to the Retail Individual investors, who have Bid at Cut-off Price or at the Issue Price of Rs. 180 per Equity Share was finalized in consultation with NSE, The category has been subscribed to the extent of 2.118 times. The tolal number of Equity Shares allotted in this category is 9,881,140 Equity Shares to 123,514 successful applicants. The category-wisedetails of the Basis of Allotment are as under.
B. Allotment to Non Institutional Investors (after technical rejections) (including ASBA applications) The Basis of Allotment to the Non-lnslitutional Investors, who have Bid at the Issue Price of Rs180 per Equity Share, was finalized in consultation with the NSE. This category has been subscribed to the extent of 88.774 times. The total number of Equity Shares allolted in this catcgey is 4.234,774 Equity Shares to 188 successful applicant. The category-wise deiails (sample! of !he Basis d Allotment are as under:
C. Allotment to QIBs excluding Anchor Investors The Basis of Allotment to QlBs who have Bid at the Issue Price of Rs180 per Equity Share has been done on a proportionate basis in consultation with the NSE.This category has been subscribed to the extend of 26,620 times, As per the SEBI Regulations, Mutual Funds were allocated 5% of Ihe Equity Shares of Net QIB Portion available i e, 282,318 Equity Shares and other QlBs including Mutual Funds, were allocated the remaining availabe 5,364,048 Equity Shares on a proportionate basis. The total number of Equity Shares allotted in theQlB category is 5,646,366 Equity Shares, which were allotted to 64 successful Applicant. The category-wise details of the Basis of Allotment are as under:
D. Allotment to Anchor Investors
The Company and the Selling Shareholder in consnsultation with the
BRLMs, have allocated 8,469,547 Equrty Shares to 13 Anchor Investors through 17
Applications at the Anchor investor Issue Price of Rs 180 per Equity Share in
accordance with the SEBI Regulations. This represents 60% of the QIB Category. Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectes. INVESTORS PLEASE NOTE These details of the allotment made shall be hosted en Ihe website of Registrar to the Issue, Link Intime India Private Limited at www.linkintime.co.in; All future correspondence in this regard may kindly be addressed to the Registrar to the Issue quoting full name of the First/Sole applcant, 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: LINK IN TIME
THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF 'THE EQUITY SHARES ON LISTING OR THE BUSINESS PROSPECTS OF S H KELKARAND COMPANY LIMITED. |
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 S H Kelkar IPO .
The S H Kelkar IPO basis of allotment (published above) tells you how shares are allocated to you in S H Kelkar IPO and category wise demand of IPO share.
Visit the S H Kelkar IPO allotment status page to check the number of shares allocated to your application.
In S H Kelkar 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 S H Kelkar IPO basis of allotment document to know how the shares are allocated in S H Kelkar IPO.
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