AMD Metplast Limited

(The Company was originally incorporated as Ashoka Metal Decor Private Ltd on 17th December, 1983 with Registrar of Companies, Delhi & Haryana. The name of the Company was changed to AMD Metplast Private Limited and a Fresh Certificate of incorporation consequent to change of name was granted to the company on 27th August 2004. The Company subsequently became a public limited Company and the name of the Company was further changed to AMD Metplast Limited and the fresh certificate of incorporation was granted to the Company on 2nd June, 2006) (For further details see " History and Corporate Matters" on page 70 of the Prospectus).
Regd. Office: 18, Pusa Road, 1st Floor, Karol Bagh, New Delhi 110 005
Tel: +91-11- 2875 8645,2875 0649/50, Fax: +91-11-2875 3591, (The registered Office of the Company was changed from 53/73, Ramjas Road, Karolbagh, New Delhi 110 005 to the present address w.e.f 5th April, 2000.)
E-mail: info@amdmetplast.com, Website: www.amdmetplast.com,
Contact parson: Mr. Rajkumar Aggarwal, Compliance Officer. 

PUBLIC ISSUE OF 1,01,66,700 EQUITY SHARES OF RS.10/- EACH FOR CASH AT A PRICE OF Rs. 75 PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF RS. 65 PER EQUITY SHARE) AGGREGATING Rs. 7625.03 LACS BY AMD METPLAST LIMITED ("THE COMPANY" OR "ISSUER" OR "AMD") (HEREINAFTER REFERRED TO AS THE "ISSUE") COMPRISING OF PROMOTERS' CONTRIBUTION OF 10,70,180 EQUITY SHARES OF FACE VALUE OF RS.10/- EACH AT A PRICE OF RS. 75 PER EQUITY SHARE FOR CASH AGGREGATING RS. 802.64 LACS (HEREINAFTER REFFERED TO AS THE "PROMOTERS' CONTRIBUTION") AND EMPLOYEE RESERVATION OF 10,16,670 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH AT A PRICE OF RS. 75 PER EQUITY SHARE FOR CASH AGGREGATING RS. 762.50 LACS (HEREINAFTER REFERRED TO AS THE "EMPLOYEE RESERVATION PORTION") AND THE NET OFFER TO THE PUBUC IS OF 80,79,850 EQUITY SHARES OF Rs.10/- EACH AT A PRICE OF Rs. 75 FOR CASH AGGREGATING TO Rs. 6059.89 HEREINAFTER REFERRED TO AS THE "NET ISSUE"). THE NET ISSUE TO THE PUBLIC WOULD CONSTITUTE 42.16 % OF THE FULLY DILUTED POST ISSUE PAID UP CAPITAL OF THE COMPANY.

ISSUE PRICE Rs. 75 PER EQUITY SHARE
THE ISSUE PRICE IS 7.5 TIMES OF THE FACE VALUE OF EACH EQUITY SHARE.

The Issue is being made through the 100% Book Building Process wherein up to 50% of the Net Issue to the public shall be allocated on a proportionate basis to Qualified Institutional Buyers, out of which 5% of the QIB Portion shall be available for allocation on a proportionate basis to Mutual Funds only, and the remainder of the QIB Portion shall be available for allocation on a proportionate basis to all Qualified Institutional Buyers, including Mutual Funds, subject to valid Bids being received at or above Issue Price. Further, at least 15% of the Net issue to the public shall be available for allocation on a proportionate basis to Non- Institutional Bidders and at least 35% of the Net Issue to the public shall be available for allocation on a proportionate basis to Retail Individual Bidders, subject to valid Bids being received at or above the issue Price
The issue received 36771 applications for 44390130 Equity Shares resulting in 4.8799 times over subscription. The details of the applications received {before technical rejections) In the Issue from QIBs, non institutional bidders, retail individual bidders and eligible employees are as under:

FINAL DEMAND:
A summary of the final demand at various price levels as per the electronic book is given below:

The Basis of Allocation was finalized In consultation with the Bombay Stock Exchange (" BSE") on Thursday, March 08,2007. The Board of Directors of the Company at its meeting held on Thursday, March 08, 2007 approved the Basis of Allocation of Equity Shares in the Issue and allotted the Equity Shares to various successful applicants.

A) Allocation to Retail Individual Bidders
The retail category was over subscribed 7.6608 times. 32028 valid applications for 21664350 Equity Shares were received against an offer of 2827948 Equity Shares. After adjusting the under subscription from the Employees category, a total 2878418 Equity Shares were allotted in this category due to which the over subscription ratio reduced to 7.5266 times. The category wise details of the Basis of Allocation in this category are as under

B) Allocation to Non institutional Bidders
The Non institutional category was over subscribed 10.1601 times. 31 valid applications for 12313800 Equity Shares were received against an offer of 1211978 Equity Shares. After adjusting the under subscription from the Employees category, a total 1233587 Equity Shares were allotted in this category due to Which the over subscription ratio reduced to 9.9821 times. The category wise details of the Basis of Allocation in this category are as under:

C) Allocation to Qualified Institutional Buyers
As per SEBI guidelines, Mutual Funds were to be initially allocated 5% of the quantum of shares available(i.e. 2,01,997 Equity Shares) but, as there were no Mutual Funds applicants the reserved portion for Mutual Funds was added back to the QIB category. The category was subscribed 1.3127 times. The total number of shares allocated in this category is 4039924 Equity Shares.

D) Allocation to Eligible Employees
This category was subscribed 0.9291 times. Full & firm allotments have been made against all 18 applications in this category. 944640 Equity Shares have been allotted in this category against 1016670 Equity Shares offered. The under subscription of 72030 Equity Shares have been added to the Retail & Non-institutional category.
The ECS intimation, Refund Orders /Allotment Intimations cum Notice due to applicants have been dispatched to the address of the investors as registered with the depositories on Saturday, March 10, 2007. In case the same is not received within ten days, investors may contact the address given below. The Refund Orders have been over printed with the bank mandate details as registered, if any, with the depositories. The Equity Shares allotted to successful applicants have been credited to their beneficiary accounts on Friday, March 9, 2007 except 257 Equity Shares which were credited on Monday, March 12, 2007 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 Bombay Stock Exchange Limited and National Stock Exchange of India limited within seven working days from the date of approval of basis of allocation.

Investors Please Note:
The details of allocation are available on the website (www.bigshareonline.com) of the Registrar to the Issue, Bigshare Services Private Limited. Further correspondence in respect of allotment of Equity Shares pertaining to the Issue may be addressed to the Registrar to the Issue, Bigshare Services Private Limited, quoting the full name of the first/ sole applicant, 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:

Bigshare Services Private Limited
E/2 Ansa Industrial Estate, Sakivihar Road, Saki Naka, Andheri (East), Mumbai 400 072.
Tel:+ 91 22 2847 0652 Fax: +91 22 2847 5207,
Email: ideaipo@bigshareonline.com, Website: www.bigshareonline.com,
Contact person: NVK Mohan

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 AMD METPLAST LIMITED.