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(THIS IS ONLY AN ADVERTISEMENT FOR INFORMATION PURPOSES AND NOT A PROSPECTUS ANNOUNCEMENT. NOT FOR DISTRIBUTION OUTSIDE INDIA.) SUPERSHAKTI METALIKS LIMITED Our Company was incorporated as 'Quentz Dealtrade Private Limited' on December 12, 2012 under the Companies Act, 1956, as private limited company, with the Registrar of Companies, West Bengal bearing Registration No. 189128. The name of our Company was changed to 'Supershakti Metaliks Private Limited' pursuant to shareholders resolution passed on October 22, 2014 and a fresh Certificate of Incorporation pursuant to change of name issued by the Assist. Registrar of Companies, Kolkata on November 12, 2014. Subsequently, pursuant to resolution of shareholders on April 06,2018, our Company was converted to a public limited company and the name of our Company was further changed to 'Supershakti Metaliks Limited'. A fresh certificate of incorporation consequent on change of name was granted to our Company on May 03,2018, by the Registrar of Companies, Kolkata. The Corporate Identity Number of our Company is U28910WB2012PLC189128. Registered Office: 39, Shakespeare Sarani, 3rd Floor, Kolkata, West
Bengal - 700017 | Tel.: +91 33 2289 2734 / 35 | Fax.: +91 33 2289 2736
Email: info@ssml.in | PROMOTERS OF THE COMPANY - MR. DILIPP AGARWAL, MR. DEEPAK
AGARWAL, BASIS OF ALLOTMENT PUBLIC ISSUE OF 16,00,200 EQUITY SHARES OF RS 10 EACH ('EQUITY SHARES') OF SUPERSHAKTI METALIKS LIMITED ('SML' OR THE 'COMPANY') FOR CASH AT A PRICE OF RS 375 PER SHARE (THE 'ISSUE PRICE'), AGGREGATING TO RS 6,000.75 LAKHS ('THE ISSUE') CONSISTING OF FRESH ISSUE OF 8,00,200 EQUITY SHARES AGGREGATING TO RS 3,000.75 LAKHS AND AN OFFER FOR SALE OF 8,00,000 EQUITY SHARES BY THE SELLING SHAREHOLDERS AGGREGATING TO RS 3,000.00 LAKHS ('OFFER FOR SALE'), OF WHICH 80,400 EQUITY SHARES OF RS 10 EACH WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER TO THE ISSUE (THE 'MARKET MAKER RESERVATION PORTION'). THE ISSUE LESS MARKET MAKER RESERVATION PORTION I.E. ISSUE OF 15,19,800 EQUITY SHARES OF RS 10 EACH IS HEREINAFTER REFERRED TO AS THE 'NET ISSUE'. THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 27.77% AND 26.37%, RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF THE COMPANY. THE FACE VALUE OF THE EQUITY SHARE IS RS 10 AND THE ISSUE PRICE IS
37.50 TIMES OF THE FACE VALUE. | The Equity Shares of the Company are proposed to be listed on the SME Platform of BSE Limited ('BSE'). Our Company has received an in-principle approval from BSE for the listing of the Equity Shares pursuant to letter dated June 22,2018. BSE shall be the Designated Stock Exchange for the purpose of this Issue. The trading is proposed to be commenced on July 30, 2018 (Subject to receipt of listing and trading approvals from the BSE Limited). The Issue is being made through the Fixed Price process, 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 Issue of shares to the Public shall initially be made available for allotment to Retail Individual Investors. The balance of 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. If the Retail Individual Investor category is entitled to more than 50% on proportionate basis, they shall be allotted that higher percentage. 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 1,119 applications for 16,26,300 Equity Shares resulting in
1.07 times subscription. The details of the applications received in the Net Issue (before
and after technical rejections & withdrawal) are as follows:
Note: The Issue also includes 80,400 Equity Shares reserved for Market Maker, which was subscribed by 1.00 time and there were no Technical Rejection & any withdrawal. In the event of oversubscription, the allotment will be made on a proportionate basis in marketable lots. There was over subscription of 1,05,300 Equity Shares in Non - Retail Category & under subscription of 4,47,600 Equity Shares in Retail Category. The Basis of Allotment was finalised in consultation with the Designated Stock Exchange - BSE Limited on July 25,2018. A) Allocation to Market Maker (After Technical Rejections & Withdrawals): The
Basis of Allotment to the Market Maker, at the Issue Price of Rs 375 per Equity Share, was
finalised in consultation with BSE. The category was subscribed by 1.00 times. The total
number of shares allotted in this category is 80,400 Equity Shares.
B) Allocation to Retail Individual Investors (After Technical Rejections & Withdrawals): The Basis of Allotment to the Retail Individual Investors, at the Issue Price of Rs 375 per Equity Share, was finalised in consultation with BSE. Pursuant to Regulation 43(4) of the SEBI (ICDR) Regulations, 2009, the total number of shares allocated in this category is 3,12,300 Equity Shares. The category was subscribed by 0.41 times. The category-wise details of the Basis of Allotment are as under:
C) Allocation to Non - Retails Category (After Technical Rejections & Withdrawals): The Basis of Allotment to the Non - Retail Investors, at the Issue Price of Rs 375 per Equity Share, was finalised in consultation with BSE. Pursuant to Regulation 43(4) of the SEBI (ICDR) Regulations, 2009, the total number of shares allocated in this category is 12,07,500 Equity Shares (including un-subscribed portion of 4,47,600 Equity Shares of Retail Individual Investors category). The category was subscribed by 1.09 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 July 26, 2018 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 or before July 27, 2018 for unblocking of funds. The Equity Shares allotted 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 SME Platform of BSE Limited within 6 working days from the Closure of the Issue. The trading is proposed to be commenced on July 30, 2018, subject to receipt of listing and trading approvals from BSE Limited. Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectus dated July 05, 2018 ('Prospectus'). INVESTORS PLEASE NOTE The details of the allotment made has been hosted on the website of the Registrar to the Issue, Bigshare Services Private Limited at Website: www.bigshareonline.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: BIGSHARE SERVICES PRIVATE LIMITED
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 SUPERSHAKTI METALIKS 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 Supershakti Metaliks IPO .
The Supershakti Metaliks IPO basis of allotment (published above) tells you how shares are allocated to you in Supershakti Metaliks IPO and category wise demand of IPO share.
Visit the Supershakti Metaliks IPO allotment status page to check the number of shares allocated to your application.
In Supershakti Metaliks 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 Supershakti Metaliks IPO basis of allotment document to know how the shares are allocated in Supershakti Metaliks IPO.
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