APR Constructions Limited - Saffron Capital
APR Constructions Limited - Saffron Capital
APR Constructions Limited - Saffron Capital
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Except for what has been stated above our Company has not issued any Equity Share for consideration other than<br />
cash. Further, our Company has not allotted any Equity Shares pursuant to any scheme approved under section 391-<br />
394 of the Companies Act, 1956. No bonus shares have been issued by capitalizing any revaluation reserve. Our<br />
Company has not made any issue of Equity Shares during the preceding one year from the date of this Draft Red<br />
Herring Prospectus at a price lower than the Issue Price.<br />
2. Shares issued for consideration other than cash & by way of capitalization of free reserves<br />
Date of Allotment<br />
No. of Equity<br />
Shares<br />
28-Dec-06 20,00,000 <strong>Capital</strong>isation of free<br />
7-Dec-07 20,25,720 <strong>Capital</strong>isation of free<br />
reserves<br />
9-Mar-09 60,77,160 <strong>Capital</strong>isation of free<br />
reserves<br />
Consideration Reasons of Allotment Benefits<br />
accruing to our<br />
Company<br />
Bonus Issue(1:4) Nil<br />
reserves<br />
Bonus Issue(1:5) Nil<br />
50<br />
Bonus Issue(1:2)<br />
3. Our Company does not have an employee stock option or employee stock purchase scheme for our employees as<br />
on the date of the Draft Red Herring Prospectus.<br />
4. Our Company presently do not have any proposal or intention to alter our capital structure by way of split or<br />
consolidation of the denomination of Equity Shares or issue of specified securities on a preferential basis or issue<br />
of bonus or rights or further public issue of Equity Shares or Qualified Institutions Placement within a period of<br />
six months from the date of opening of this Issue. However, if we go in for acquisitions or joint ventures, we may<br />
consider raising additional capital to fund such activity or use Equity Shares as currency for acquisition or<br />
participation in such joint ventures.<br />
5. <strong>Capital</strong> built up of the Promoters is detailed below:<br />
Date of<br />
allotment/<br />
Transfer<br />
Number of<br />
Equity<br />
Shares<br />
Face<br />
Value<br />
(in `)<br />
Issue /<br />
transfer<br />
price<br />
(in `)<br />
Consideration (cash,<br />
bonus, consideration<br />
other than cash)<br />
Mode of<br />
Acquisition<br />
Nil<br />
% of<br />
pre-<br />
Issue<br />
paidup<br />
capital<br />
% of<br />
post-<br />
Issue<br />
paidup<br />
capit<br />
al<br />
Mr. Adala Prabhakara Reddy<br />
31-Mar-05 15,00,000 10 10 Cash Preferential 8.23 []<br />
Allotment<br />
15-Oct-05 40,00,000 10 10 Cash Preferential 21.94 []<br />
Allotment<br />
28-Dec-06 13,75,000 10 - <strong>Capital</strong>isation of free Bonus 7.54 []<br />
reserves<br />
07-Dec-07 13,75,000 10 - <strong>Capital</strong>isation of free Bonus 7.54 []<br />
reserves<br />
09-Mar-09 41,25,000 10 - <strong>Capital</strong>isation of free Bonus 22.63 []<br />
reserves<br />
Total (A) 1,23,75,000 - 67.88 []<br />
Mr. Pulagam Harikrishna<br />
On Incorporation 5,000 10 10 On Conversion of Subscriber 0.03 []<br />
partners‟ capital into to the MOA<br />
share capital<br />
28-Dec-06 1,250 10 - <strong>Capital</strong>isation of free Bonus 0.01 []