Basis of Allotment

THIS IS A PUBLIC ANNOUNCEMENT FOR INFORMATION PURPOSES ONLY AND IS NOT A PROSPECTUS ANNOUNCEMENT. THIS DOES NOT CONSTITUTE AN INVITATION OR OFFER TO ACQUIRE, PURCHASE OR SUBSCRIBE TO SECURITIES. THIS PUBLIC ANNOUNCEMENT IS NOT INTENDED FOR PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY OUTSIDE INDIA.

WOL 3D 1 (2).jpg (24624 bytes)
WOL 3D INDIA LIMITED

Our Company was originally incorporated as a private limited Company under the name of "Parekh Polyster Private Limited" on November 01,1988 bearing registration number as 11-49454. Subsequently, Ratan Mohanraj Chandalia, Virendra Mohanraj Chandalia, Sumitra Virendra Chandalia, Shweta Virendra Chandalia and Swati Virendra Chandalia, purchased the entire shareholding in the year 2003. Thereafter, the name of the company was changed from "Parekh Polyster Private Limited" to "Wol 3D India Private Limited" vide special resolution passed by the shareholders at the Extra Ordinary General Meeting held on April 30, 2018 and consequent to name change a fresh Certificate of Incorporation was granted to our Company on June 20,2018 by the Registrar of Companies, Mumbai. Subsequently, our Company was converted into a public limited company vide special resolution passed by the shareholders at the Extra Ordinary General Meeting held on December 12, 2022 and consequently the name of our Company was changed from "WOL 3D India Private Limited" to "WOL 3D India Limited" vide fresh Certificate of Incorporation granted to our Company consequent upon conversion into public limited company dated January 02,2023 by the Registrar of Companies, Mumbai bearing Corporate Identification Number U74110MH1988PLC049454.

Registered Office: 18, Ground Floor, Bombay Cotton Mill Estate, Dattaram Lad Marg, Kalachowky, Mumbai, Maharashtra, India, 400033.
Tel No: 022-23727396; E-mail: investor.relations@wol3d.com ; Website: www.wol3d.com ; CIN: U74110MH1988PLC049454; Contact Person: Nayna Pratik Lunker, Company Secretary & Compliance Officer
OUR PROMOTERS: RAHUL VIRENDRA CHANDALIA, SALONI RAHUL CHANDALIA, PRADEEP SHRIPAL JAIN AND SWATI PRADEEP JAIN
"THE OFFER IS BEING MADE IN ACCORDANCE WITH CHAPTER IX OF THE SEBIICDR REGULATIONS (IPO OF SMALL AND MEDIUM ENTERPRISES) AND
THE EQUITY SHARES ARE PROPOSED TO BE LISTED ON SME PLATFORM OF NSE (NSE EMERGE)."

We are engaged in the business of providing 3D Printing solutions enabling easier prototyping finding its application in various sectors like manufacturing, education, engineering, architecture, interior designing, fashion designing, product designing, medical, dental etc.

BASIS OF ALLOTMENT

INITIAL PUBLIC OFFER OF 17,04,000 EQUITY SHARES OF FACE VALUE OF Rs. 10/- EACH (THE "EQUITY SHARES") OF WOL 30 INDIA LIMITED ("OUR COMPANY" OR "WOL 30" OR "THE ISSUER") AT AN OFFER PRICE OF Rs. 150 PER EQUITY SHARE FOR CASH, AGGREGATING UP TO 2,556.00 LAKHSfPUBLIC OFFER") COMPRISING OF A FRESH ISSUE OF 14,52,000 EQUITY SHARES AGGREGATING TO Rs. 2,170.00 LAKHS (THE "FRESH ISSUE") AND AN OFFER FOR SALE OF 2,52,000 EQUITY SHARES BY THE SELLING SHAREHOLDERS ("OFFER FOR SALE") AGGREGATING TO Rs. 378.00 LAKHS COMPRISING; 70,000 EQUITY SHARES AGGREGATING UP TO Rs. 105.00 LAKHS BY RAHUL VIRENDRA CHANDALIA; 1,00,000 EQUITY SHARES AGGREGATING Rs. 150.00 LAKHS BY SALONI RAHUL CHANDALIA, 47,000 EQUITY SHARES AGGREGATING UP TO Rs. 70.50 LAKHS BY PRADEEP SHRIPAL JAIN AND 35,000 EQUITY SHARES AGGREGATING UP TO Rs. 52.50 LAKHS BY SWATI PRADEEP JAIN (COLLECTIVELY REFFERD AS "SELLING SHAREHOLDERS") OUT OF WHICH 88,000 EQUITY SHARES OF FACE VALUE OF Rs. 10 EACH, AT AN OFFER PRICE OF Rs. 150 PER EQUITY SHARE FOR CASH, AGGREGATING Rs. 132.00 LAKHS WILL BE RESERVED FOR SUBSCRIPTION BY THE MARKET MAKER TO THE OFFER (THE "MARKET MAKER RESERVATION PORTION"). THE PUBLIC OFFER LESS MARKET MAKER RESERVATION PORTION I.E. OFFER OF 16,16,000 EQUITY SHARES OF FACE VALUE OF Rs. 10 EACH, AT AN OFFER PRICE OF Rs. 150 PER EQUITY SHARE FOR CASH, AGGREGATING Rs. 2,424.00 LAKHS IS HEREIN AFTER REFERRED TO AS THE "NET OFFER". THE PUBLIC OFFER AND NET OFFER WILL CONSTITUTE 26.41% AND 25.05% RESPECTIVELY OF THE POST- OFFER PAID-UP EQUITY SHARE CAPITAL OF OUR COMPANY.

THE FACE VALUE OF THE EQUITY SHARE IS RS.10 AND ISSUE PRICE IS RS. 150 EACH. THE ISSUE PRICE IS 14.2 TIMES OF THE FACE VALUE OF THE EQUITY SHARE
ANCHOR INVESTOR ISSUE PRICE: RS. 150 PER EQUITY SHARE. THE ISSUE PRICE IS 15.0 TIMES OF THE FACE VALUE

BID/ OFFER PERIOD

ANCHOR INVESTOR BIDDING DATE WAS: FRIDAY, SEPTEMBER 20, 2024
BID / OFFER OPENED ON: MONDAY, SEPTEMBER 23, 2024
BID / OFFER CLOSED ON: WEDNESDAY, SEPTEMBER 25, 2024
RISKS TO INVESTORS:

a) Our future success depends on our ability to promote our brand and protect our reputation. Our failure to establish and promote our brand and any damage to our reputation will hinder our growth.

b) The Merchant Banker associated with the Issue has handled 58 SME public issue in the past three years out of which 1 SME Public Issue closed below the Issue Price on listing date.

c) Average cost of acquisition of Equity Shares held by the Individual Promoter is

Sr. No. Name of the Promoters Average cost of Acquisition (in Rs.)
1. Rahul Virendra Chandalia 1.74
2. Saloni Rahul Chandalia Nil
3. Pradeep Shripal Jain 1.05
4. Swatl Pradeep Jain Nil

and the Offer Price at the upper end of the Price Band is Rs. 150 per Equity Share.

d) The Price/ Earnings ratio based on Diluted EPS for Fiscal 2024 for the company at the upper end of the Price Band is 14.90

e) Weighted Average Return on Net worth for Fiscals 2024,2023 and 2022 is 42.17%.

f) The Weighted average cost of acquisition of all Equity Shares transacted in the last one year, 18 months and three years from the date of Prospectus is as given below:

Period Weighted Average Cost of Acquisition (in Rs.) Upper end of the Price Band (Rs. 150) is "X" times the weighted Average cost of Acquisition Range of acquisition price: Lowest Price - Highest Price (in Rs.)
Last 1 year 3.49 42.98 0-21
Last 18 months 3.49 42.98 0-21
Last 3 years 2.33 64.38 0-21

g) The Weighted average cost of acquisition compared to Floor Price and Cap Price.

Types of transactions Weighted average cost of acquisition (Rs. per Equity Shares) Floor price (i.e.Rs. 142) Cap price (i.e. Rs. 150)
Weighted average cost of acquisition of primary / new issue (exceeding 5% of the pre issue capital) Nil NA NA
Weighted average cost of acquisition for secondary sale / acquisition (exceeding 5% of the pre issue capital) NA NA NA
Since there were no primary or secondary transaction of equity shares of the Company during the 18 months preceding the date of filing of the red herring prospectus, the information has been disclosed for price per share of the Company based on the last five primary or secondary transactions, where the Promoter/ Promoter Group having the right to nominate director on the Board, are a party to the transaction, not older than three years prior to the date of filing of the red herring prospectus irrespective of the size of the transaction 0.00 Not Defined Not Defined
PROPOSED LISTING: SEPTEMBER 30, 2024*

The Offer was made through the Book Building Process, in terms of Rule 19(2)(b)(i) of the Securities Contracts (Regulation) Rules, 1957, as amended ("SCRR") read with Regulation 253 of the SEBIICDR Regulations, as amended, wherein not more than 50% of the Net Offer was available for allocation on a proportionate basis to Qualified Institutional Buyers ("QIBs", the "QIB Portion"), Our Company in consultation with the Book Running Lead Manager has allocated upto 60% of the QIB Portion to Anchor Investors on a discretionary basis in accordance with the SEBI ICDR Regulations ("Anchor Investor Portion"). Further, not less than 15% of the Net Offer was made available for allocation on a proportionate basis to Non-lnstitutional Bidders and not less than 35% of the Net Offer was made available for allocation to Retail Individual Bidders in accordance with the SEBI (ICDR) Regulations, subject to valid Bids being received at or above the offer Price. All potential Bidders (except Anchor Investors) were required to mandatorily utilise the Application Supported by Blocked Amount ("ASBA") process providing details of their respective ASBA accounts, and UPI ID in case of RIBs using the UPI Mechanism, if applicable, in which the corresponding Bid Amounts will be blocked by the SCSBs or by the Sponsor Bank under the UPI Mechanism, as the case may be, to the extent of respective Bid Amounts. Anchor Investors were not permitted to participate in the Offer through the ASBA process. For details, see "Otter Procedure" beginning on page 241 of the Prospectus.

The investors are advised to refer to the Prospectus for the full text of the Disclaimer clause pertaining to NSE. For the purpose of this Offer, the Designated Stock Exchange will be the National Stock Exchange of India Limited. The trading is proposed to be commenced on or before Monday, September 30,2024*

*Subject to the receipt of listing and trading approval from the NSE (NSE Emerge).

SUBSCRIPTION DETAILS

The bidding for Anchor Investors opened and closed on Friday, September 20, 2024. The Company received 7 Anchor Investors applications for 9,38,000 Equity Shares. The Anchor Investor Allocation price was finalized at Rs. 150/- per Equity Share. A total of 4,84,000 Equity Shares were allotted under the Anchor Investors portion aggregating to Rs. 7,26,00,000/-.

The Issue (excluding Anchor Investors Portion) received 2,26,144 Applications for 42,54,13,000 Equity Shares (after bid not banked cases and removing multiple and duplicate bids and before technical rejection) resulting 345.72 times subscription (including reserved portion of market maker and excluding anchor investor portion). The details of the Applications received in the Issue from various categories are as under (before technical rejections):

Detail of the Applications Received (excluding Anchor Investors Portion):

Sr. No. Category Number of Applications* No. of Equity Shares applied Equity Shares Reserved as per Prospectus No. of times Subscribed Amount (Rs.)
1 Market Maker 1 88,000 88,000 1 1,32,00,000.00
2 QIB (excluding Anchor investor portion) 40 3,26,80,000 323,000 101.18 4,90,20,00,000.00
3 Non Institutional Investor 1,60,66 18,26,08,000 243,000 751.47 27,38,87,53,000.00
4 Retail Individual Investors 2,10,037 21,00,37,000 566,000 317.10 31,50,36,77,000.00
TOTAL 2,26,144 42,54,13,000 12,20,000 345.72 63,80,76,30,000.00

‘This includes 163 applications for 1,63,000 Equity Shares from Retail Individual which were not in book but excludes bids (UPI Mandates & SCSB) not accepted by investoRs.

1) Allotment to Retail Individual Investors (After Technical Rejections):

The Basis of Allotment to the Retail Individual Investors, who have Bid at cut-off Price or at or above the Offer Price of Rs. 150 per Equity Share, was finalized in consultation with NSE. The category has been subscribed to the extent of 365.93 times. The total number of Equity Shares allotted in this category is 5,66,000 Equity Shares to 566 successful applicants. The details of the Basis of Allotment of the said category are as under:

No. of Shares Applied for (Category wise) No. of Applications Received % of Total Total No. of Shares Applied % to Total No. of Equity Shares Allotted per Applicant Ratio Total No. of Shares Allotted
1000 2,07,119 100.00 20,71,19,000 100.00 1000 1:366 5,66,000

Final Demand:

A summary of the final demand as per NSE as on the Bid/ Offer Closing Date at different Bid prices is as under:

Sr. No Bid Price No. of Equity Shares % to Total Cumulative Total Cumulative % of Total
1 142 333,000 0.072% 333,000 0.04%
2 143 31,000 0.007% 364,000 0.05%
3 144 29,000 0.006% 393,000 0.05%
4 145 102,000 0.022% 495,000 0.06%
5 146 34,000 0.007% 529,000 0.07%
6 147 20,000 0.004% 549,000 0.07%
7 148 121,000 0.026% 670,000 0.09%
8 149 151,000 0.033% 821,000 0.11%
9 150 30,47,08,000 65.62% 30,55,29,000 39.47%
CUTOFF 15,88,25,000 34.20% 46,43,54,000 59.99%
Total 46,43,54,000 100.00% 77,40,37,000 100.00%

The Basis of Allotment was finalized in consultation with the Designated Stock Exchange, being National Stock Exchange of India Limited (NSE Emerge) on September 26,2024.

2) Allotment to Non-lnstitutional Investors (After Technical Rejections):

The Basis of Allotment to the Non-lnstitutional Investors, who have bid at the Offer Price of Rs. 150 or above per Equity Share was finalized in consultation with NSE. The category has been subscribed to the extent of 748.51 times (after technical rejection). The total number of Equity Shares Allotted in this category is 2,43,000 Equity Shares to 242 successful applicants. The details of the Basis of Allotment of the said category are as under (Sample Basis):

No. of Shares applied for (Category wise) Number of applications received % to total Total No. of Shares applied in each category % to total No of Equity Shares allotted per applicant Ration of allottees to applicants Total No. of shares allocate d/allotted
2000 8378 52.69 16756000 9.21 1000 1:381 22000
3000 1385 8.71 4155000 2.28 1000 4:923 6000
4000 695 4.37 2780000 1.53 1000 4:695 4000
5000 604 3.80 3020000 1.66 1000 1:151 4000
6000 674 4.24 4044000 2.22 1000 5:674 5000
7000 1303 8.20 9121000 5.01 1000 7:760 12000
8000 399 2.51 3192000 1.75 1000 4:399 4000
9000 252 1.58 2268000 1.25 1000 1:84 3000
10000 478 3.01 4780000 2.63 1000 3:239 6000
11000 105 0.66 1155000 0.64 1000 2:105 2000
12000 106 0.67 1272000 0.70 1000 1:53 2000
13000 124 0.78 1612000 0.89 1000 1:62 2000
14000 83 0.52 1162000 0.64 1000 2:83 2000
15000 96 0.60 1440000 0.79 1000 1:48 2000
16000 52 0.33 832000 0.46 1000 1:52 1000
17000 31 0.19 527000 0.29 1000 1:31 1000
18000 44 0.28 792000 0.44 1000 1:44 1000
19000 35 0.22 665000 0.37 1000 1:35 1000
20000 108 0.68 2160000 1.19 1000 1:36 3000
21000 34 0.21 714000 0.39 1000 1:34 1000

 

No. of Shares applied for (Category wise) Number of applications received % to total Total No. of Shares applied in each category % to total No of Equity Shares allotted per applicant Ration of allottees to applicants Total No. of shares allocated/allotted
606000 1 0.01 606000 0.33 1000 1:1 1000
619000 1 0.01 619000 0.34 1000 1:1 1000
624000 1 0.01 624000 0.34 1000 1:1 1000
634000 1 0.01 634000 0.35 1000 1:1 1000
638000 1 0.01 638000 0.35 1000 1:1 1000
647000 1 0.01 647000 0.36 1000 1:1 1000
650000 1 0.01 650000 0.36 1000 1:1 1000
667000 3 0.02 2001000 1.10 1000 1:1 3000
670000 2 0.01 1340000 0.74 1000 1:1 2000
684000 1 0.01 684000 0.38 1000 1:1 1000
699000 1 0.01 699000 0.38 1000 1:1 1000
701000 1 0.01 701000 0.39 1000 1:1 1000
721000 1 0.01 721000 0.40 1000 1:1 1000
726000 1 0.01 726000 0.40 1000 1:1 1000
750000 1 0.01 750000 0.41 1000 1:1 1000
800000 2 0.01 1600000 0.88 1000 1:1 2000
801000 1 0.01 801000 0.44 1000 1:1 1000
804000 1 0.01 804000 0.44 1000 1:1 1000
808000 2 0.01 1616000 0.89 1000 1:1 2000
809000 17 0.11 13753000 7.56 1000 1:1 17000

3) Allocation to Market Maker (After Technical Rejections & Withdrawal): The Basis of Allotment to Market Maker who have bid at Offer Price of Rs. 150/- per Equity Shares or above, was finalized in consultation with NSE. The category was subscribed by 1 time i.e. for 88,000 Equity shares the total number of shares allotted in this category is 88,000 Equity Shares. The category wise details of the Basis of Allotment are as under:

No. of Shares Applied for (Category wise) No. of Applications received % to total Total No. of Equity Shares applied in this Category % of total No. of Equity Shares allocated/ allotted per Applicant

Ratio

Total Number of shares allotted Surplus/Deficite
88,000 1 100.00 88,000 100.00 88,000 1 1 88,000 0

4) Allotment to QIBs excluding Anchor Investors (After Technical Rejections):

Allotment to QIBs, who have bid at the Offer Price of Rs. 150 or above per Equity Share has been done on a proportionate basis in consultation with NSE. This category has been subscribed to the extent of 101.18 times of QIB portion. The total number of Equity Shares allotted in the QIB category is 3,23,000 Equity Shares, which were allotted to 40 successful Applicants.

Category FI'S/BANK'S MF'S IC'S NBFC'S AIF FPC/FII Others Total
QIB 11,000 - 6,000 76,000 1,12,000 1,18,000 - 3,23,000

5) Allotment to Anchor Investors (After Technical Rejections):

The Company in consultation with the BRLM has allocated 4,84,000 Equity Shares to 7 Anchor Investors at the Anchor Investor Offer Price of Rs.150 per Equity Shares in accordance with the SEBI (ICDR) Regulations. This represents upto 60% of the QIB Category.

CATEGORY FIS/BANKS IMF'S IC'S NBFC AIF FPI OTHERS TOTAL
ANCHOR - - - 69,000 2,77,000 1,38,000 - 4,84,000

The Board of Directors of our Company at its meeting held on September 26, 2024 has taken on record the basis of allotment of Equity Shares approved by the Designated Stock Exchange, being NSE and has allotted the Equity Shares to various successful applicants. The Allotment Advice Cum Refund Intimation will be dispatched to the address of the investors as registered with the depositories. Further, instructions to the SCSBs have been dispatched / mailed for unblocking of funds and transfer to the Public Issue Account on or before September 26, 2024. In case the same is not received within ten days, Investors may contact the Registrar to the Offer at the address given below. The Equity Shares allotted to the successful allottees shall be uploaded on September 27, 2024 for credit into the respective beneficiary accounts subject to validation of the account details with the depositories concerned. The Company is in the process of obtaining the listing and trading approval from NSE and the trading of the Equity Shares is expected to commence trading on September 30, 2024.

Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectus dated September 26, 2024 filed with the Registrar of Companies, Mumbai, Maharashtra ("RoC").

INVESTORS, PLEASE NOTE
The details of the allotment made has been hosted on the website of the Registrar to the Offer, Bigshare Services Private Limited at website: www.bigshareonline.com
TRACK RECORD OF BOOK RUNNING LEAD MANAGER: The Merchant Banker associated with the Issue has handled 58 SME Public Issues in the past three years out of which 1 SME Public Issue was closed below the Issue Price on listing date.

All future correspondence in this regard may kindly be addressed to the Registrar to the Offer quoting full name of the First/ Sole Bidder Serial number of the ASBA form, number of Equity Shares bid for, Bidder DP ID, Client ID, PAN, date of submission of the Bid cum Application Form, address of the Bidder, the name and address of the Designated Intermediary where the Bid cum Application Form was submitted by the Bidder and copy of the Acknowledgment Slip received from the Designated Intermediary and payment details at the address given below:

WOL 3D 1.jpg (5835 bytes) BIGSHARE SERVICES PRIVATE LIMITED
Address: S6-2,6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakall Caves Road, Andherl (East) Mumbai - 400093, India.
Tel No.: +91 22 6263 8200; Email: ipo@bigshareonline.com;
Contact Person: Ganesh Shinde; Website: www.bigshareonline.com;
SEBI Registration Number: INR000001385; CIN: U99999MH1994PTC076534
CORRIGENDUM: NOTICE TO THE INVESTORS
CORRIGENDUM TO PROSPECTUS

This corrigendum should be read with Prospectus dated September 26,2024, filed with Registrar of Companies, Mumbai, for Book Built Issue of 17,04,000 Equity Shares of WOL 3D INDIA LIMITED.

Investors should note that the table under the heading "Shareholding Pattern of the Company" in accordance with Regulation 31 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 on the page no 65 of the section tiled "Capital Structure" - the number of locked in shares for (A) Promoter and Promoter Group and (B) Public should be read as 42,24,630 and 5,23,370 respectively and the same as a percentage of total shares held should be read as 94.37% and 100% respectively. .

On behalf of Board of Directors
Wol 3D India Limited
Sd /-
Place: Maharashtra Nayna Pratik Lunker
Date: September 27, 2024 Company Secretary and Compliance Officer

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 WOL 30 INDIA LIMITED

Disclaimer: W013D India Limited has filed the Prospectus with the RoC on September 26, 2024 and thereafter with SEBI and the Stock Exchange. The Prospectus is available on the website of the BRLM, Hem Securities Limited at www.hemsecurities.com  and the Company at: www.wol3d.com, and shall also be available on the website of the NSE and SEBI. Investors should note that investment in Equity Shares involves a high degree of risk and for details relating to the same, please see "Risk Factors" beginning on page 27 of the Prospectus.

The Equity Shares have not been and will not be registered under the U. S Securities Act of 1933, as amended (the "Securities Act') or any state securities laws in the United States, and unless so registered, and may not be issued or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in accordance with any applicable U.S state securities laws. The Equity Shares are being Issued and sold outside the United States in 'offshore transactions' in reliance on Regulation under the Securities Act and the applicable laws of each jurisdiction where such Issues and sales are made. There will be no public Issuing in the United States.

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