Basis of Allotment |
(THIS IS ONLY AN ADVERTISEMENT FOR INFORMATION PURPOSES ONLY AND NOT A PROSPECTUS ANNOUNCEMENT NOT FOR DISTRIBUTION OUTSIDE INDIA.)
NEOPOLITAN PIZZA AND FOODS LIMITED |
(Formerly known as Neopolitan Pizza Limited) |
CIN: U24123GJ2011PLC063940 |
(Neapolitan Pizza and Foods Limited was originally incorporated as a Private Limited Company in the name of "JRM Fertilizer Private Limited' on February05.2011 under the provision of the Companies Act, 1956 bearing Corporate Identification Number U24123GJ2011PTC063940 issued by Assistant Registrar of Companies. Gujarat. Dadra and Nagar Havetb. Subsequently, the name was changed to "Neopobtan Pizza Private Limited" vide a fresh Certificate of Incorporation consequent upon Change of Name dated June 19.2012 and since then, commenced its business in bringing the most loved food in the world - "Pizza" to the unique and rich heritage of India, giving Pizza a unique twist as per the Indian dietary preferences Subsequently, our Company was converted into Public Limited Company under the Compames Act. 2013 and the name of our Company was changed to "Neopobtan Pizza Limited" vide a fresh Certificate of Incorporation consequent upon converse from Private Company to Public Company dated October 22, 2014 bearing Corporate Identification Number U24123GJ2011PLC063940 issued by Assistant Registrar of Companies- Ahmedabad. The name of the Company was further changed to "Neopobtan Pizza and Foods Limited' vide a fresh Certificate of Incorporation dated July29.2024 issued by the Registrar of Companies. Central Processing Centre. Manesar.
Regd. Office: 434 & 435. SWC Hub. Opp. Rajpath Complex. Vasna Bhayh Road. Vadodara - 391410. Gujarat. India |
Tel: +91 9574000428: E-mail: csneo@neopobtanpizza.in; Website: www.neopobtanpizza.in; |
Corporate Identity Number (CIN) - U24123GJ2011PLC063940 |
PROMOTER: MR. MUKUND PUROHIT AND MRS. ARTI MUKUND PUROHIT |
BASIS OF ALLOTMENT |
INITIAL PUBLIC OFFER OF 60.00.000 EQUITY SHARES OF FACE VALUE OF Rs.1/- OF EACH ("EQUITY SHARES") OF NEOPOLITAN PIZZA AND FOODS LIMITED (FORMERLY KNOWN AS NEOPOLITAN PIZZA LIMITED) (THE "COMPANY" OR THE "ISSUER") FOR CASH AT A PRICE OF Rs. 20/- PER EQUITY SHARE. INCLUDING A SHARE PREMIUM OF Rs.10/- PER EQUITY SHARE (THE "ISSUE PRICE"). AGGREGATING TO Rs. 1.200 LAKHS ("THE ISSUE"). OF WHICH 3.00.000 EQUITY SHARES OF FACE VALUE OF Rs.10/- EACH FOR CASH AT A PRICE OF Rs.20/- PER EQUITY SHARE. AGGREGATING TO Rs.60 LAKHS WERE RESERVED FOR SUBSCRIPTION BY TH E MARKET MAKER TO THE ISSUE (THE "MARKET MAKER RESERVATION PORTION"). THE ISSUE LESS MARKET MAKER RESERVATION PORTION I.E. ISSUE OF 57.00.000 EQUITY SHARES OF FACE VALUE OF Rs.10/- EACH FOR CASH AT A PRICE OF Rs.20/- PER EQUITY SHARE. AGGREGATINGTO Rs. 1.140 LAKHS IS HEREINAFTER REFERRED TO AS THE "NET ISSUE". THE ISSUE AND THE NET ISSUE CONSTITUTE 35.29% AND 33.53% RESPECTIVELY OF THE POST ISSUE PAID-UP EQUITY SHARE CAPITAL OF THE COMPANY.
The Issue was made in terms of Chapter IX of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended from time to time, ("SEBIICDR) Regulations"), through the Fixed Price method and hence, as per as per Regulation 253(2) of SEBI (ICDR) Regulations the allocation of Net Issue to the Public category shall be made as follows: a) Minimum fifty percent to retail individual investors; and b) Remaining to: i.) individual applicants other than retail individual investors; and ii.) other investors including corporate bodies or institutions, irrespective of the number of specified securities applied for. The unsubscribed portion in either of the categories specified in (a) or(b)above may be allocated to the applicants in the other category.
For the purpose of Regulation 253(2) of the SEBI (ICDR) Regulations, if the retail individual investor category is entitled to more than fifty percent on proportionate basis, the retail individual investors shall be allocated that higher percentage.
THE FACE VALUE OF THE EQUITY SHARES IS RS. 10 EACH. |
THE ISSUE PRICE IS RS. 20 PER EQUITY SHARE AND IS 2 TIMES THE FACE VALUE OF THE EQUITY SHARES |
ISSUE PERIOD |
ISSUE OPENED ON : Monday, September 30,2024 |
ISSUE CLOSED ON : Friday, October 04, 2024 |
|
PROPOSED USTING: Wednesday, October 09,2024* |
'Subject to receipt of listing and trading approval from BSE Limited.
The Equity Shares offered through the Prospectus are proposed to be listed on the SME platform of the BSE Limited ("BSE SME"). Our company has received an in-principle approval dated July 31, 2024 from the BSE Limited ("BSE") for using its name in the Prospectus for listing of our shares on BSE SME. For the purpose of this Issue, the Designated Stock Exchange is the BSE. The trading is proposed to be commenced on Wednesday, October 09, 2024 (subject to receipt of listing and trading approval from BSE Limited).
SUBSCRIPTION DETAILS
The Issue has received 22,059 applications for 18,77,46,000 Equity Shares (before multiple and duplicate bids, bid not banked, withdrawal or cancelled bids reported by SCSBs and technical rejection cases). The Issue was subscribed to the extent of45.92 times as per the bid book received from BSE Limited (including Market Maker Portion). After removing multiple and duplicate bids, bid not banked, withdrawal or cancelled bids reported by SCSBs and technical rejection cases from the Bid book, the Issue was subscribed to the extent of 30.88 times (including Market Maker Portion).
The details of valid applications received in the Issue (after technical rejections) are as follows:
Summary of Valid Applications
Sr. No. |
Category |
Gross Application |
Less: Rejections (including withdrawals) |
Valid Applications |
|||
Gross Application | Less: Rejection | Applications | Equity Shares |
Valid Applications |
Equity Shares | ||
1 |
Reserved for Market Makers | 1 |
3,00,000 |
0 |
0 |
1 |
3,00,000 |
2 |
Retail Individual Investors | 20,347 |
12,20,82,000 |
376 |
22,56,000 |
19,971 |
11,98,26,000 |
3 |
Other than Retail Individual Investors | 1,711 |
6,53,64,000 |
14 |
2,10,000 |
1,697 |
6,51,54,000 |
Total | 22,059 |
18,77,46,000 |
390 |
24,66,000 |
21,669 |
18,52,80,000 |
The Basis of Allotment was finalized in consultation with the Designated Stock Exchange i.e. BSE on Monday, October 07,2024.
A. Allocation to Market Maker (After Technical Rejection):The Basis of Allotment to the Market Maker, at the issue price of Rs. 20/-per Equity Share, was finalised in consultation with BSE. The category was subscribed by 1 (one) time. The total number of shares allotted in this category is 3,00,000 Equity Shares consisting of reserved portion of 3,00,000 Equity Shares.
Sr. No |
No. of Shares applied for (Category wise) |
Number of applications received |
% to total |
Total No. of Shares applied in each category |
% to total |
Proportionate shares available |
Allocation per Applicant |
Ratio of allottees to applicants |
Total No. of shares allocated/ alloted |
||
Before Rounding off | After Rounding off | ||||||||||
1 |
3,00,000 |
1 |
100.00 |
3,00,000 |
100.00 |
3,00,000 |
3,00,000 |
3,00,000 |
1 |
1 |
3,00,000 |
B. Allocation to Retail Individual Investors (After Technical Rejections): The Basis of Allotment to the Retail Individual Investors, at the issue price of Rs. 20/-per Equity Share, was finalised in consultation with BSE. The category was subscribed by 32.42 times. The total number of shares allotted in this category is 3696000 Equity Shares. The category wise basis of allotment is as under:
Sr. No |
No. of Shares applied for (Category wise) |
Number of applications received |
% to total |
Total No. of Shares applied in each category |
% to total |
Proportionate shares available |
Allocation per Applicant |
Ratio of allottees to applicants |
Total No. of shares allocated/ alloted |
||
Before Rounding off | After Rounding off | ||||||||||
1 |
6000 |
19,971 |
100.00 |
11,98,26,000 |
100.00 |
36,96,000 |
185.07 |
6,000 |
2 |
65 |
36,96,000 |
C. Allocation to Other than Retail Individual Applicants (After Technical Rejections): The Basis of Allotment to the other than Retail Individual Investors, at the issue price of Rs, 20/- per Equity Share, was finalised in consultation with BSE. The category was subscribed by 32.51 times. The total number of shares allotted in this category is 20,04,000 Equity Shares. The category wise basis of allotment is as under:
Sr. No |
No. of Shares applied for (Category wise) |
Number of applications received |
% to total |
Total No. of Shares applied in each category |
% to total |
Proportionate shares |
Allocation per Applicant |
Ratio of allottees to applicants |
Total No. of shares allocated/ alloted |
||
Before Rounding off |
After Rounding off |
||||||||||
1 |
12000 |
1123 |
66.18 |
13476000 |
20.68 |
414493 |
369.09 |
6000 |
40 |
651 |
414000 |
2 |
18000 |
120 |
7.07 |
2160000 |
3.32 |
66437 |
553.64 |
6000 |
11 |
120 |
66000 |
3 |
24000 |
115 |
6.78 |
2760000 |
4.24 |
84892 |
738.19 |
6000 |
14 |
115 |
84000 |
4 |
30000 |
35 |
2.06 |
1050000 |
1.61 |
32296 |
922.74 |
6000 |
1 |
7 |
30000 |
5 |
36000 |
13 |
0.77 |
468000 |
0.72 |
14395 |
1107.31 |
6000 |
2 |
13 |
12000 |
6 |
42000 |
19 |
1.12 |
798000 |
1.22 |
24545 |
1291.84 |
6000 |
4 |
19 |
24000 |
7 |
48000 |
37 |
2.18 |
1776000 |
2.73 |
54626 |
1476.38 |
6000 |
9 |
37 |
54000 |
8 |
54000 |
44 |
2.59 |
2376000 |
3.65 |
73081 |
1660.93 |
6000 |
3 |
11 |
72000 |
9 |
60000 |
36 |
2.12 |
2160000 |
3.32 |
66437 |
1845.47 |
6000 |
11 |
36 |
66000 |
10 |
66000 |
16 |
0.94 |
1056000 |
1.62 |
32480 |
2030 |
6000 |
5 |
16 |
30000 |
11 |
72000 |
9 |
0.53 |
648000 |
0.99 |
19931 |
2214.56 |
6000 |
1 |
3 |
18000 |
12 |
78000 |
5 |
0.29 |
390000 |
0.60 |
11995 |
2399.2 |
6000 |
2 |
5 |
12000 |
13 |
84000 |
4 |
0.24 |
336000 |
0.52 |
10335 |
2583.75 |
6000 |
1 |
2 |
12000 |
14 |
90000 |
10 |
0.59 |
900000 |
1.38 |
27682 |
2768.2 |
6000 |
1 |
2 |
30000 |
15 |
96000 |
4 |
0.24 |
384000 |
0.59 |
11811 |
2952.75 |
6000 |
1 |
2 |
12000 |
16 |
102000 |
5 |
0.29 |
510000 |
0.78 |
15686 |
3137.4 |
6000 |
3 |
5 |
18000 |
17 |
108000 |
4 |
0.24 |
432000 |
0.66 |
13287 |
3321.75 |
6000 |
1 |
2 |
12000 |
18 |
114000 |
2 |
0.12 |
228000 |
0.35 |
7013 |
3506.5 |
6000 |
1 |
2 |
6000 |
19 |
120000 |
25 |
1.47 |
3000000 |
4.60 |
92274 |
3690.96 |
6000 |
3 |
5 |
90000 |
20 |
126000 |
4 |
0.24 |
504000 |
0.77 |
15502 |
3875.5 |
6000 |
3 |
4 |
18000 |
21 |
132000 |
1 |
0.06 |
132000 |
0.20 |
4060 |
4060 |
6000 |
1 |
1 |
6000 |
22 |
138000 |
2 |
0.12 |
276000 |
0.42 |
8489 |
4244.5 |
6000 |
1 |
2 |
6000 |
23 |
150000 |
6 |
0.35 |
900000 |
1.38 |
27682 |
4613.67 |
6000 |
5 |
6 |
30000 |
24 |
162000 |
1 |
0.06 |
162000 |
0.25 |
4983 |
4983 |
6000 |
1 |
1 |
6000 |
25 |
168000 |
2 |
0.12 |
336000 |
0.52 |
10335 |
5167.5 |
6000 |
1 |
1 |
12000 |
26 |
174000 |
2 |
0.12 |
348000 |
0.53 |
10704 |
5352 |
6000 |
1 |
1 |
12000 |
27 |
180000 |
11 |
0.65 |
1980000 |
3.04 |
60901 |
5536.45 |
6000 |
10 |
11 |
60000 |
28 |
186000 |
1 |
0.06 |
186000 |
0.29 |
5721 |
5721 |
6000 |
1 |
1 |
6000 |
29 |
204000 |
1 |
0.06 |
204000 |
0.31 |
6275 |
6275 |
6000 |
1 |
1 |
6000 |
30 |
210000 |
4 |
0.24 |
840000 |
1.29 |
25837 |
6459.25 |
6000 |
1 |
1 |
24000 |
31 |
216000 |
1 |
0.06 |
216000 |
0.33 |
6644 |
6644 |
6000 |
1 |
1 |
6000 |
32 |
228000 |
3 |
0.18 |
684000 |
1.05 |
21038 |
7012.67 |
6000 |
1 |
1 |
18000 |
33 |
240000 |
4 |
0.24 |
960000 |
1.47 |
29528 |
7382 |
6000 |
1 |
1 |
24000 |
240000 |
0.00 |
0.00 |
6000 |
1 |
4 |
6000 |
|||||
34 |
246000 |
3 |
0.18 |
738000 |
1.13 |
22699 |
7566.33 |
6000 |
1 |
1 |
18000 |
246000 |
0.00 |
0.00 |
6000 |
1 |
3 |
6000 |
|||||
35 |
252000 |
1 |
0.06 |
252000 |
0.39 |
7751 |
7751 |
6000 |
1 |
1 |
6000 |
36 |
258000 |
2 |
0.12 |
516000 |
0.79 |
15871 |
7935.5 |
6000 |
1 |
1 |
12000 |
258000 |
0.00 |
0.00 |
6000 |
1 |
2 |
6000 |
|||||
37 |
282000 |
2 |
0.12 |
564000 |
0.87 |
17347 |
8673.5 |
6000 |
1 |
1 |
12000 |
282000 |
0.00 |
0.00 |
6000 |
1 |
2 |
6000 |
|||||
38 |
300000 |
2 |
0.12 |
600000 |
0.92 |
18455 |
9227.5 |
6000 |
1 |
1 |
12000 |
300000 |
0.00 |
0.00 |
6000 |
1 |
2 |
6000 |
|||||
39 |
336000 |
1 |
0.06 |
336000 |
0.52 |
10335 |
10335 |
12000 |
1 |
1 |
12000 |
40 |
366000 |
1 |
0.06 |
366000 |
0.56 |
11257 |
11257 |
12000 |
1 |
1 |
12000 |
41 |
384000 |
1 |
0.06 |
384000 |
0.59 |
11811 |
11811 |
12000 |
1 |
1 |
12000 |
42 |
390000 |
1 |
0.06 |
390000 |
0.60 |
11996 |
11996 |
12000 |
1 |
1 |
12000 |
43 |
498000 |
1 |
0.06 |
498000 |
0.76 |
15317 |
15317 |
18000 |
1 |
1 |
18000 |
44 |
510000 |
2 |
0.12 |
1020000 |
1.57 |
31373 |
15686.5 |
12000 |
1 |
1 |
24000 |
510000 |
0.00 |
0.00 |
6000 |
1 |
2 |
6000 |
|||||
45 |
552000 |
1 |
0.06 |
552000 |
0.85 |
16978 |
16978 |
18000 |
1 |
1 |
18000 |
46 |
564000 |
1 |
0.06 |
564000 |
0.87 |
17347 |
17347 |
18000 |
1 |
1 |
18000 |
47 |
600000 |
1 |
0.06 |
600000 |
0.92 |
18455 |
18455 |
18000 |
1 |
1 |
18000 |
48 |
612000 |
1 |
0.06 |
612000 |
0.94 |
18824 |
18824 |
18000 |
1 |
1 |
18000 |
49 |
720000 |
1 |
0.06 |
720000 |
1.11 |
22146 |
22146 |
24000 |
1 |
1 |
24000 |
50 |
900000 |
1 |
0.06 |
900000 |
1.38 |
27682 |
27682 |
30000 |
1 |
1 |
30000 |
51 |
1200000 |
1 |
0.06 |
1200000 |
1.84 |
36909 |
36909 |
36000 |
1 |
1 |
36000 |
52 |
1572000 |
1 |
0.06 |
1572000 |
2.41 |
48351 |
48351 |
48000 |
1 |
1, |
48000 |
53 |
2124000 |
1 |
0.06 |
2124000 |
3.26 |
65330 |
65330 |
66000 |
1 |
1 |
66000 |
54 |
2310000 |
1 |
0.06 |
2310000 |
3.55 |
71051 |
71051 |
72000 |
1 |
1 |
72000 |
55 |
5700000 |
1 |
0.06 |
5700000 |
8.75 |
175320 |
175320 |
174000 |
1 |
1 |
174000 |
GRAND TOTAL | 1697 | 100.00 | 65154000 | 100.00 | 2004000 | 2004000 |
The Board of Directors of the Company at its meeting held on Monday, October 07, 2024 have taken on record the Basis of Allotment of Equity Shares approved by the Designated Stock Exchange viz. BSE and has authorized the corporate action for the transfer of the Equity Shares to various successful applicants.
The CAN and allotment advice and/or notices shall be dispatched to the address of the Investors as registered with the depositories. Further, the instructions to SCSBs have been issued for unblocking of funds and transfer to Public Offer Account on Tuesday, October 08,2024. The Equity Shares allocated 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 the prescribed time, Investors may contact at the Registrar to the Issue at the address given below. The Company is taking steps to get the Equity Shares admitted for trading on BSE SME within 3 working days from the closure of the Issue. The trading is proposed to commence on or before Wednesday, October 09,2024subject to receipt of listing and trading approvals from the BSE Limited.
DISCLAIMER CLAUSE OF THE SECURITIES AND EXCHANGE BOARD OF INDIA |
SINCETHE ISSUE IS BEING MADE IN TERMS OF CHAPTER IXOF THE SEBIICDR REGULATIONS 2018, THE OFFER DOCUMENT HAS BEEN FILED WITH SEBI. HOWEVER, IN TERMS OF THE SEBI ICDR REGULATIONS 2018, SEBI SHALL NOT ISSUE ANY OBSERVATIONS ON THE OFFER DOCUMENT. HENCE, THERE IS NO SPECIFIC DISCLAIMER CLAUSE OF SEBI. HOWEVER, INVESTORS MAY REFERTOTHE ENTIRE "SEBI DISCLAIMER CLAUSE" ON PAGE 2430FTHE PROSPECTUS.
DISCLAIMER CLAUSE OF BSE LIMITED |
IT IS TO BE DISTINCTLY UNDERSTOOD THAT THE PERMISSION GIVEN BY BSE LIMITED ("BSE") SHOULD NOT IN ANY WAY BE DEEMED OR CONSTRUED THAT THE CONTENTSOFTHEPROSPECTUSORTHE PRICEAT WHICH THEEQUITY SHARES ARE OFFERED HAS BEEN CLEARED, SOLICITED OR APPROVED BY BSE, NOR DOES ITCERTIFYTHE CORRECTNESS,ACCURACY OR COMPLETENESS OFANY OFTHE CONTENTS OFTHE PROSPECTUS. THEINVESTORSAREADVISED TO REFERTOTHE PROSPECTUS FORTHE FULLTEXTOFTHE DISCLAIMER CLAUSE PERTAINING TO BSE.
INVESTORS PLEASE NOTE |
The details of allotment made would also be hosted on the website of the Registrar to the Issue, Bigshare Services Private Limited at www.biqshareonline.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 has been lodged and payment details at the address of the Registrar to the Issue given below:
BIGSHARE SERVICES PRIVATE LIMITED | |
Office No S6-2,6th Floor, Pinnacle Business Park, NexttoAhura Centre, Mahakali Caves Road, Andheri (East), Mumbai - 400093 Contact Person: Mr. Swapnil Kate Telephone: 022-62638200 | |
E-mail: ipo@bigshareonline.com ; Website: www.bigshareonline.com | |
Investor Grievance Email: investor@bigshareonline.com ; | |
SEBI Registration No: INR000001385 | |
CIN: U99999MH1994PTC076534 |
Note: Capitalised terms used and not specifically defined herein shall have the meaning given to such terms in the Prospectus dated September24,2024.
On behalf of the Board of Directors | |
For NEOPOLITAN PIZZA AND FOODS LIMITED | |
(Formerly known as Neopolitan Pizza Limited) | |
Sd /- | |
(MUKUNDPUROHIT) | |
Date: October 08,2024 | Managing Director |
Place: Vadodara | DIN:02464280 |
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 For NEOPOLITAN PIZZAAND FOODS LIMITED (FORMERLY KNOWN AS NEOPOLITAN PIZZA LIMITED).
Disclaimer: Neopolitan Pizza and Foods Limited (Formerly known as Neopolitan Pizza Limited) is proposing, subject to market conditions and other considerations, a public issue of its Equity Shares and has filed the Prospectus with the Registrar of Companies, Ahmedabad. The Prospectus is available on the website of the SEBI at www.sebi.gov.in and the website of the Lead Manager to the Issue at www.tcagroup.in and website of the BSE SME Limited at www.bsesme.com and website of lssuer Company at www.neopolitanpizza.in.
Investors should note that investment in Equity Shares involves high degree of risks. For details, investors should refer to and rely on the Prospectus, including the section titled "Risk Factors" on page21 of the Prospectus.
The Equity Shares have not been and will not be registered under the USSecuritiesActof1933,asamended (the "Securities Act") or any state securities law in United States and may not be offered or sold within the United States (as defined in Regulations under the Securities Act) or to, or for the account benefit of "U. S. Person" (as defined in the Regulations under the Securities Act), except pursuant to an exemption from, or in a transaction not subject to the registration requirements of the Securities Act.
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