PRESS RELEASE
PR No.06/2007
OFFER DOCUMENTS RECEIVED / WITHDRAWN AND OBSERVATIONS
ISSUED BY SEBI FROM DECEMBER 25, 2006 TO DECEMBER 31, 2006
During the period, the following offer documents were filed with SEBI:
|
Sr.
No
|
Company
|
Lead Manager
(Pre-Issue)
|
Date of Receipt
|
Type of Issue
#
|
Type of Instru-ment
|
Issue Price (Rs) (Face Value +
Premium
|
Issue Size (Rs. in crores) (include-ing Promo-ters Contri-bution)
|
Promoters
|
Dealing
Office
|
|
1.
|
Time Technoplast Limited
|
IL & FS Investsmart Limited
|
27-Dec-06
|
IPO(F)
|
Equity
|
(10 + *)
|
**
|
Mr Anil Jain
Mr Bharat Vageria
Mr Raghupathy Thyagarajan
Mr Naveen Jain
Vishwalaxmi Trading & Finance Pvt. Ltd.
Time Securities Services Pvt. Ltd.
Time Exports Pvt. Ltd
|
HO
|
|
2.
|
Insecticides (India) Limited
|
UTI Securities Ltd.
|
28-Dec-06
|
IPO(F)
|
Equity
|
(10 +*)
|
**
|
Mr.Rajesh Aggarwal
Rajesh Aggarwal (HUF)
|
HO
|
|
3.
|
Nitin Fire Protection Industries Limited
|
Karvy Investor Services Ltd.
UTI Securities Ltd.
|
27-Dec-06
|
IPO(F)
|
Equity
|
(10 + *)
|
**
|
Mr Nitin M Shah
Mr Rahul N Shah
Mr Kunal Shah
|
HO
|
|
4.
|
Oswal Woollen Mills Limited
|
UTI Bank Ltd.
Motilal Oswal Investment Advisors Pvt. Ltd.
|
28-Dec-06
|
IPO(F)
|
Equity
|
(10 +*)
|
**
|
Mr Jawahar Lal Oswal
Mr Kamal Oswal
Mr Dinesh Oswal
|
HO
|
|
5.
|
Page Industries Limited
|
IL & FS Investsmart Limited
|
29-Dec-06
|
IPO
(F+OFS)
|
Equity
|
(10 + *)
|
**
|
Mr Sunder Genomal
Mr Ramesh Genomal
Mr Nari Genomal
|
HO
|
|
6.
|
Victoria Enterprises Limited
|
CHARTERED CAPITAL & INVESTMENT LTD.
|
29-Dec-06
|
RI
|
Equity
|
(10+5)
|
4.50
|
Mr. Krishna kumar
Pittee
Ms Sangeeta Pittee
|
HO
|
During the said period, SEBI had issued observations on the following offer documents filed with it:
|
Sr. No.
|
Company
|
Lead Manager (Pre-Issue)
|
Type of Issue#
|
Type of Instru-ment
|
Issue Price (Rs) (Face Value + Premium)
|
Issue Size (Rs. in crores) (including Promoters Contribu-tion)
|
Date of Final Observation
|
Dealing Office
|
|
1.
|
Ammana Bio Pharma Ltd.
|
Centrum Capital Ltd.
|
IPO(F)
|
Equity
|
(10+*)
|
21.66
|
29-Dec-06
|
HO
|
During the said period, no offer document was withdrawn/closed.
Note:-
In the press release for the week December 18, 2006 to December 24, 2006, in table II – observation issued by SEBI during the period, the following corrections may be noted:
1. For the issue of Technocraft Industries Ltd, the Name of the Merchant Banker may be read as “ Anand Rathi Securities Ltd.” and not as mentioned therein.
2. Further, on December 22, 2006 observation was issued on the IPO of M/s. Jas Toll Road Company Ltd., the Draft offer document of which was filed by Merchant Banker Keynote Corporate Services Ltd., which was erroneously left out.
# IPO – Initial Public Offering (Fresh issue of shares).
IPO (OFS) – Initial Public offering (Offer for Sale).
IPO (F+OFS) – Initial Public Offering (Fresh and Offer for Sale).
FPO (F) – Further Public Offer (Fresh issue of shares).
FPO (OFS) - Further Public Offer (Offer for Sale).
FPO (F+OFS) – Further Public Offer (Fresh issue of shares and Offer for Sale).
RI – Rights Issue.
* Premium will be disclosed in the final offer document.
** Issue Size will be disclosed in the final offer document.
Draft offer documents are available to the public from dealing offices of SEBI (on payment of Rs.100/- per document by DD in favour of SECURITIES AND EXCHANGE BOARD OF INDIA), Lead Managers & Stock Exchanges. The draft offer documents are also posted on the website (www.sebi.gov.in) under “Issues and Listing“.
Mumbai
January 09, 2007