Borrowings are reduced from Rs 1160.50 Lacs to Rs 21.75 Lacs (Secured) from Rs 1562.04 Lacs to Rs 167.90 Lacs. IPO Proceedings are utilised for repayment of Loans. Trade Payables increased approx by Rs 500 Lacs. Stock in Trade decreased approx by Rs 60 Lacs. Trade Receivables decreased approx by Rs 1200 Lacs. Turnover down by Rs 1300 Lacs approx.
SEBI (ICDR) Regulations 2022 SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018
CHAPTER II - INITIAL PUBLIC OFFER ON MAIN BOARD In Regulation 32 Sub Regulation 3A is inserted
CHAPTER IV - FURTHER PUBLIC OFFER In Regulation 129 Sub Regulation 3A is inserted
Both these Sub Regulation splits the HNI into 2 Category
Category I - Rs 2 L to 10 L Category II - Above Rs 10L
So these new HNI Rules apply only to IPO on Main Board and FPO and involves book building process.
These Rules not applicable to SME IPO as it is dealt by CHAPTER IX - INITIAL PUBLIC OFFER BY SMALL AND MEDIUM ENTERPRISES
These new HNI rules does not apply to SME IPO both on Book Building Process and Fixed Price Method. (Not applicable to SME IPO at any case)
Reg 32(3A) and Reg 129(3A) are same and produced below for reference: (3A) In an issue made through book building process, the allocation in the non-institutional investors’ category shall be as follows: (a) one third of the portion available to non-institutional investors shall be reserved for applicants with application size of more than two lakh rupees and up to ten lakh rupees; (b) two third of the portion available to non-institutional investors shall be reserved for applicants with application size of more than ten lakh rupees: Provided that the unsubscribed portion in either of the sub-categories specified in clauses (a) or (b) may be allocated to applicants in the other sub-category of non-institutional investors.
For DJ Mediaprint & Logistics there is no buyer. But for TAPARIA TOOLS LTD there is no seller. TAPARIA TOOLS LTD declares Rs 70 on 30/12/2021 (ex) when CMP is Rs 99.8. As the dividend declared is more than 5% of CMP the share price is reduced by a trade on 10 Feb 2022 to Rs 31.25. Now again the TAPARIA TOOLS LTD declares Rs 50 as dividend (24 Feb 2022 Ex Date). My question is On 10 Feb 2022 the market opens on LC (Rs 99.8 - Rs 70) = Rs 29.8 and a trade happens at UC @ 5% on Rs 29.8 at Rs 31.25, but now CMP is only Rs 31.25 dividend is Rs 50/-. What will be LC after Record Date ?