| Unity
Infraprojects Limited
(Originally Incorporated as Unity Builders Limited on April 9,1997 and
subsequently changed as
Unity Infraprojects Limited under the Companies Act, 1956 )
Registered and Corporate Office: 1252, Pushpanjali Apartments, Old
Prabhadevi Road, Prabhadevi, Mumbai400025.
Tel: +91-22-66665500, Fax: +91-22-66665599.Website:
www.unityinfra.com
BASIS OF ALLOCATION
PUBLIC ISSUE OF 3,443,000 EQUITY SHARES OF RS.10/- EACH FOR CASH AT A PRICE OF
RS. 675/PER EQUITY SHARE AGGREGATING TO RS. 2324.03 MILLIONS COMPRISED A FRESH ISSUE OF
2,768,000 EQUITY SHARES OF RS.10 EACH BY THE COMPANY AND AN OFFER FOR SALE OF 675,000
EQUITY SHARES OF RS.10 EACH (REFERRED TO AS "THE ISSUE"). THE ISSUE COMPRISES OF
A RESERVATION OF UP TO 100,000 EQUITY SHARES OF RS.10 EACH FOR THE PERMANENT EMPLOYEES OF
THE COMPANY THE ISSUE WOULD CONSTITUTE 25.76% OF THE FULLY DILUTED POST ISSUE PAID UP
CAPITAL OF THE COMPANY
THE FACE VALUE PER EQUITY SHARE IS RS.10/- EACH AND THE ISSUE PRICE IS RS.675/
EACH. THE ISSUE PRICE IS 67.5 TIMES OF THE FACE VALUE.
The Issue made through the 100% Book Building Process where up to 50% of the net issue
to the public was to be allocated on a proportionate basis to Qualified Institutional
Buyers ("QIBs") (including 5% of the QIB portion that was to specifically be
allotted to mutual funds). Further, at least 15% of the net issue to the public was to be
available for allocation on a proportionate basis to Non-Institutional Bidders and at
least 35% of the net issue to the public was to be available for allocation on a
proportionate basis to Retail Bidders, subject to valid bids being received at or above
the Issue Price.
The Issue received 38671 applications for 8,044,589 equity shares resulting in 2.33
times subscription. The details of the applications received in the Issue from Qualified
Institutional Buyers, Non-Institutional, Retail Individual Investors and Employee
categories areas under (Before technical rejections):
| Category |
No. of Applications |
No. of Shares |
Subscription |
| Retail Bidders |
38518 |
2140885 |
1.82 |
| Non Institutional Bidders |
83 |
288568 |
0.57 |
| Qualified Institutional Bidders |
28 |
5561190 |
3.32 |
| Employees |
42 |
53946 |
0.54 |
Final Demand
The final demand at different bid prices is as under:
| Bid Price |
No. of Shares |
% to Total |
Cumulative
Total |
Cumulative
% to Total |
| 651 |
116181 |
1.43 |
8147907 |
100.00 |
| 652 |
117 |
0.00 |
8031726 |
98.57 |
| 653 |
171 |
0.00 |
8031609 |
98.57 |
| 654 |
9 |
0.00 |
8031438 |
98.57 |
| 655 |
144 |
0.00 |
8031429 |
98.57 |
| 657 |
8 |
0.00 |
8031285 |
98.57 |
| 658 |
9 |
0.00 |
8031267 |
98.57 |
| 660 |
270 |
0.00 |
8031258 |
98.57 |
| 664 |
144 |
0.00 |
8030988 |
98.57 |
| 665 |
225 |
0.00 |
803084 |
98.56 |
| 668 |
18 |
0.00 |
8030619 |
98.56 |
| 670 |
117 |
0.00 |
8030601 |
98.56 |
| 671 |
45 |
0.00 |
8030484 |
98.56 |
| 675 |
767772 |
9.42 |
8030439 |
98.56 |
| 677 |
9 |
0.00 |
7262667 |
89.14 |
| 660 |
200349 |
2.46 |
7262658 |
89.14 |
| 681 |
9 |
0.00 |
7062309 |
86.68 |
| 685 |
477 |
0.01 |
7062300 |
86.68 |
| 686 |
198 |
0.00 |
7061823 |
86.67 |
| 690 |
189 |
0.00 |
7061625 |
86.67 |
| 694 |
324 |
0.00 |
7061436 |
86.67 |
| 695 |
882 |
0.01 |
7061112 |
86.66 |
| 699 |
63 |
0.00 |
7060230 |
86.65 |
| 700 |
4230 |
0.05 |
7060167 |
86.65 |
| 701 |
36 |
0.00 |
7055937 |
86.60 |
| 708 |
9 |
0.00 |
7055901 |
86.60 |
| 710 |
171 |
0.00 |
7055892 |
86.60 |
| 712 |
9 |
0.00 |
7055721 |
86.60 |
| 714 |
18 |
0.00 |
7055712 |
86.60 |
| 715 |
18 |
0.00 |
7055694 |
86.60 |
| 720 |
36 |
0.00 |
7055676 |
86.59 |
| 723 |
27 |
0.00 |
7055640 |
86.59 |
| 725 |
108 |
0.00 |
7055613 |
86.59 |
| 730 |
72 |
0.00 |
7055505 |
86.59 |
| 732 & Cut Off |
7055433 |
86.59 |
7055433 , |
86.59 |
|
8147907 |
100.00 |
|
|
The Basis of Allocation was finalized in consultation with the Bombay Stock Exchange
Limited ("BSE") on 2nd June, 2006
A. Allocation to Retail Investors
The Basis of Allocation to the Retail Investors, who have bid at cut-off or at and
above the Issue Price of Rs.675/per Equity Share, was finalized in consultation with BSE.
The category was over subscribed 1.46 times. The total number of shares allotted in this
category is 1,429,383 Equity Shares and the total number of successful allottees is 36137.
The category-wise details of the Basis of Allocation are as under:
| Category |
No. of
Applications |
% to
Total |
Total No.
of shares
applied |
% to
Total |
No. of
Shares
Allocated |
Ratio |
Tbtal No.
of shares
allocated |
| 9 |
5351 |
14.25 |
48159 |
2.30 |
9 |
11:15 |
35316 |
| 18 |
4694 |
12.50 |
84492 |
4.04 |
12 |
FIRM |
56328 |
| 27 |
3366 |
8.96 |
90882 |
4.34 |
18 |
FIRM |
60588 |
| 36 |
2518 |
6.70 |
90648 |
4.33 |
25 |
FIRM |
62950 |
| 45 |
1951 |
5.19 |
87795 |
4.19 |
31 |
FIRM |
60481 |
| 54 |
1070 |
2.85 |
57780 |
2.76 |
37 |
FIRM |
39590 |
| 63 |
11287 |
30.05 |
711081 |
33.97 |
43 |
FIRM |
485341 |
| 72 |
541 |
1.44 |
38952 |
1.86 |
49 |
FIRM |
26509 |
| 81 |
157 |
0.42 |
12717 |
0.61 |
55 |
FIRM |
8635 |
| 90 |
272 |
0.72 |
24480 |
1.17 |
61 |
FIRM |
16592 |
Additional |
1 |
3:25 |
33 |
| 99 |
149 |
0.40 |
14751 |
0.70 |
68 |
FIRM |
10132 |
| 108 |
147 |
0.39 |
15876 |
0.76 |
74 |
FIRM |
10878 |
| 117 |
72 |
0.19 |
8424 |
0.40 |
80 |
FIRM |
5760 |
| 126 |
246 |
0.65 |
30996 |
1.48 |
86 |
FIRM |
21156 |
| 135 |
5620 |
14.96 |
758700 |
36.24 |
92 |
FIRM |
517040 |
| 144 |
123 |
0.33 |
17712 |
0.85 |
98 |
FIRM |
12054 |
B. Allocation to Non Institutional Investors
The Basis of Allocation to the Non-Institutional Investors category, who have bid at and
above the Issue Price of Rs.675/- per Equity Share, was finalized in consultation with
BSE. The category was subscribed to the extent of 0.57 times. Hence full and firm
allotments have been made against all valid applications. The total number of shares
allotted in this category is 288225 Equity Shares and the total number of successful
allottees is 81. The unsubscribed portion of 213225 equity shares has been added to Retail
Individual Investors category.
C. Employees
The Basis of Allocation to the Employees category, who have bid at and above the Issue
Price of Rs.675/- per Equity Share, wasfinalized in consultation with BSE. The category
was subscribed to the extent of 0.54 times. Hence full and firm allotments have been made
against all valid applications. The total number of shares allotted in this category is
53892 Equity Shares and thetotal number of successful allottees is 41. The unsubscribed
portion of 46108 equity shares has been added to Retail Individual Investors category.
D. Allocation to QIBs
Allocation to QIBs have been done on a proportionate basis in consultation with the Bombay
Stock Exchange Limited. As per the SEBI guidelines, Mutual Funds were initially allotted
5% of the quantum of shares available (83575) and other QIBs and unsatisfied demands of
Mutual Funds were allotted the remaining available shares (1587925) on proportionate
basis. The sectoral cep and other limits applicable to the holding of shares in company
have been taken into account while allotting shares. Mutual Funds were allotted 18.84% for
OIB segment and other QIB applicants were allotted 81.16% of the shares for QIB segment.
| Category |
Fls/Banks |
MFs |
Flls |
Total |
| No.of Shares |
84522 |
314918 |
1272060 |
1671500 |
| No. of Successful allottees |
4 |
12 |
10 |
26 |
The IPO Committee of Board of Directors ofthe company at it's Meeting held at Hyderabad
on 5th June, 2006 has approved the basis of allocation of shares of the Issue and has
allotted the shares to various successful applicants. The Refund Orders/electronic refund
instructions and allotment advice has been dispatched to the address of the ' investorsas
registered with the depositories on or before June 07, 2006. In case the same is not
received within ten days, investors may contact at the address given below. The Refund
Orders have been over-printed with the Bank Mandate details as registered, if any, with
the depositories. The shares allocated to successful applicants are being credited to
their beneficiary accounts subject to validation of the account details with the
depositories concerned. The company is taking steps to get the equity shares admitted for
trading on the National Stock Exchange of India Limited and Bombay Stock Exchange Limited.
In this respect the company has filed for listing and trading permission with the Bombay
Stock Exchange Limited and the National Stock Exchange of India Limited on June 06, 2006
& June 05, 2006 respectively.
INVESTORS PLEASE NOTE
This details of the allocation made would be hosted on the website of Registrars
to the Issue, Karvy Computershare Private Limited at www.karvy.com
or htip://kcpl.karvy.com
All future correspondence in this regard may kindly be addressed to the Registrars to
the issue quoting full name of the First/ Sole applicant, Serial number of the
bid-cum-application form, number of shares bid for, name of the Member of the Syndicate
and Place where the bid was submitted and payment details at the address given below:
Karvy Computershare Private Limited
Unit: Unity Infra, Karvy House, 46, Avenue 4,
Street No.1,BanjaraHills, Hyderabad-500034
Fax: 040-23420814.
Email: deccan.ipo@karvy.com or mailmanager@karvy.com
TOLL FREE -HELPLINE NUMBER 1-800-3454001
| Place : Mumbai
Date : 8/6/2006 |
For Unity Infraprojects Limited
Sd/
Sushant Karpe
Company Secretary |
|