Prospectus and Allotment of Securities COMPANIES ACT, 2013


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Prospectus and Allotment of Securities COMPANIES ACT, 2013

  1. 1. Prospectus and Allotmentp of Securities Companies act 2013Companies act, 2013
  2. 2. Information to be stated in the prospectus Dates relating to opening and closing of issue; Names, addresses and contact details of the corporate office of the issuer company, compliance officer of the issuer company the issue ;company the issue ; Declaration by the Board that the allotment letters shall be issued or application money shall be refunded within fifteen days from the closure of the issue ; Statement given by the Board that all monies received shall be transferred to a separate bank account ; Names, addresses, telephone numbers, fax numbers and e- mail addresses of the underwriters and the amountmail addresses of the underwriters and the amount underwritten by them; consent of trustees, solicitors or advocates, merchant bankers to the issue, registrar to the issue ., g
  3. 3. authoriz ded, issued, subscribe d and paid up share premium account size of the present issue paid up capital Provided that in the case of IPO Details of the existing share capital of the issuer company( Exmp-date of allotment, number of shares allotted, face value price and the form of Provided that in the case of IPO, the details regarding individual allotment shall be given from the date of incorporation of the issuer and in the case of a listed value, price and the form of consideration) paid up capitalProvided that the issuer company shall also issuer company, the details shall be given for five years paid up capital • after the issue • after conversion of convertible instruments p y disclose the number and price at which each of the allotments were made in the last Two years preceding the date of the prospectus
  4. 4. prospectus particularsp p p The purpose for which there is a requirement of The objects of the issue; The funding plan (means of finance); p p q funds ; The summary of the project appraisal report (if any); The interim use of funds, if any
  5. 5. Disclosures of any litigationDisclosures of any litigation
  6. 6. Details of directors
  7. 7. S f t t ib tiSources of promoters contribution Total shareholding of the promoters, clearly stating theTotal shareholding of the promoters, clearly stating the namely:- name of the promoterp nature of issue date of allotment number of shares issue priceissue price source of funds contributed percentage of the total pre and post issue capital proceeds out of the sale of shares of the company andproceeds out of the sale of shares of the company and shares of its subsidiary companies previously held by each of the promoters disclosure for sources of promoters contribution shall l l d h l f dd d halso include the particulars of name, address and the amount so raised as loan, financial assistance etc .
  8. 8. Reports to be set out in the ProspectusProspectus
  9. 9. Other matters stated in the prospectusprospectus Aggregate number of securities of the issuer ---Material contracts ---Time and place at Matters relating to terms and conditions of the term loans i l di securities of the issuer company and its subsidiary companies purchased or sold by the promoter group p which the contracts together with documents will be available for including re- scheduling, prepayment, penalty, default the promoter group within six months immediately preceding the date of filing the prospectus with the inspection ---related party transactions entered during the last fiveprospectus with the Registrar of Companies shall be disclosed during the last five financial years immediately preceding the issue of prospectus ---Reservations or qualifications or adverse remarks of auditors in the last five financial years A f t h t h ll b i l d d t th ---Details of any inquiry, inspections or investigations initiated or conducted under the Companies Act or any previous companies law ---A fact sheet shall be included at the beginning of the prospectus p ---Details of acts of material frauds committed against the company in the last five years
  10. 10. Variation in terms of contracts
  11. 11. Dematerialization of securitiesDematerialization of securities
  12. 12. Shelf prospectus and Informationp p Memorandum
  13. 13. Return of Allotment
  14. 14. Private Placement
  15. 15. For Further Details Contact:For Further Details Contact: 01143558440, 9971504105