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sejal architectural glass limited - Securities and Exchange Board of ...

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19. An over-subscription to the extent <strong>of</strong> 10% <strong>of</strong> the net <strong>of</strong>fer to public can be retained for the purpose <strong>of</strong><br />

rounding <strong>of</strong>f to the nearest integer during finalizing the allotment, subject to minimum allotment being<br />

equal to [●] Equity Shares, which is the minimum application size in this issue.<br />

Consequently, the actual allotment may go up by a maximum <strong>of</strong> 10% <strong>of</strong> the Net Issue to Public, as a result <strong>of</strong><br />

which, the post-issue paid up capital after the Issue would also increase by the excess amount <strong>of</strong> allotment<br />

so made. In such an event, the Equity Shares held by the Promoter <strong>and</strong> subject to lock- in shall be suitably<br />

increased; so as to ensure that 20% <strong>of</strong> the Post Issue paid-up capital is locked in.<br />

20. In case <strong>of</strong> over-subscription in all categories, atleast 50% <strong>of</strong> the Net Issue to the Public shall be available for<br />

allocation on a proportionate basis to Qualified Institutional Buyers (including specific allocation <strong>of</strong> 5% within<br />

the category <strong>of</strong> QIBs for Indian Mutual Funds). Further upto 15% <strong>of</strong> the Net Issue to the Public shall be<br />

available for allocation on a proportionate basis to Non-Institutional Bidders <strong>and</strong> upto 35% <strong>of</strong> the Issue shall<br />

be available for allocation on a proportionate basis to Retail Individual Bidders, subject to valid Bids being<br />

received at or above the Issue Price.<br />

21. Under subscription, if any, in the Non-institutional Portion <strong>and</strong> Retail Portion shall be allowed to be met with<br />

spill over from the other categories, at the sole discretion <strong>of</strong> our Company <strong>and</strong> BRLMs. In case <strong>of</strong> Undersubscription<br />

in the Qualified Institutional Buyers Portion (i.e. subscription less than 50% m<strong>and</strong>atory <strong>of</strong> the Net<br />

Issue), the same shall not be available to other categories <strong>and</strong> full subscription monies shall be refunded.<br />

However, if the aggregate dem<strong>and</strong> by Mutual Funds is less than 5% <strong>of</strong> QIB Portion, the balance share available<br />

for allocation in the Mutual Fund Portion will first be added to the QIB Portion <strong>and</strong> be allocated<br />

proportionately to QIB Bidders.<br />

22. As on date <strong>of</strong> filing <strong>of</strong> this Draft Red Herring Prospectus with SEBI, the entire Issued Share Capital <strong>of</strong> our<br />

Company is fully paid-up.<br />

23. Particulars <strong>of</strong> top ten shareholding is as follows:<br />

Sr.<br />

No.<br />

a. As on the date <strong>of</strong> filing this Draft Red Herring Prospectus<br />

Name <strong>of</strong> shareholder No. <strong>of</strong> Shares % <strong>of</strong> Issued<br />

Capital<br />

1 Mr. Amrut S. Gada 25,74,250 14.07<br />

2 Mr. Dhiraj S. Gada 13,14,250 7.18<br />

3 Mr. Shantilal S. Gada 12,88,000 7.04<br />

4 Mr. Mitesh K. Gada 12,83,250 7.01<br />

5 Mr. Kanji V. Gada 6,16,250 3.37<br />

6 Sejal Glass Craft Pvt Ltd 10,27,500 5.62<br />

7 Sejal Float Glass Ltd 12,11,000 6.62<br />

8 Ms. Kanchan S. Gada 6,91,250 3.78<br />

9 Ms. Preeti M. gada 5,15,500 2.82<br />

10 Ms. Anju D. Gada 5,01,500 2.74<br />

b. 10 days prior to the date <strong>of</strong> filing this Draft Red Herring Prospectus<br />

Sr. Name <strong>of</strong> shareholder No. <strong>of</strong> Shares % <strong>of</strong> Issued<br />

No.<br />

Capital<br />

1 Mr. Amrut S. Gada 25,74,250 14.07<br />

2 Mr. Dhiraj S. Gada 13,14,250 7.18<br />

3 Mr. Shantilal S. Gada 12,88,000 7.04<br />

4 Mr. Mitesh K. Gada 12,83,250 7.01<br />

54

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