RED HERRING PROSPECTUS Dated August 24 ... - Globus Spirits

Notes:
a. Initial Public Issue of 75,00,000 Equity Shares of Rs.10/- each for cash at a price of Rs. [•]
per Equity Share aggregating to Rs. [•] lakhs comprising of 50,000 Equity shares of Rs.10
each reserved for the Eligible Employees aggregating to Rs. [•] lakhs and a Net Issue of
74,50,000 Equity Shares of Rs.10/- each aggregating to Rs. [•] lakhs. The face value of
the Equity Share is Rs. 10 and the Issue Price is 9.0 times of the face value at the lower
end of the price band and 10.0 times of the face value at the higher end of the price band.
The Issue will constitute 37.96% of the fully diluted post-Issue paid-up capital of the
Company. The Net Issue would constitute 37.71% of the fully diluted post issue paid up
capital of the company.
b. The Book Value per Equity Share of Rs.10/- each was Rs. 54.29 as at June 30, 209, Rs.
48.76 as at March 31, 2009, and Rs. 38.20 as at March 31, 2008 as per the restated
financial statements under Indian GAAP.
c. The Net Worth of the Company was Rs. 6654.62 lakhs as at June 30, 2009, Rs. 5976.98
lakhs as at March 31, 2009, and Rs. 4683.62 lakhs as at March 31, 2008 as per the
restated financial statements under Indian GAAP.
d. The average cost of acquisition of Equity Shares of the face value of Rs.10 each by the
promoters is as follows:
Name
Average Cost of Acquisition of Equity
Shares of the Promoters (Rs.)
M/s Chand Bagh Investments Limited 4.06
e. The Issue is being made through a 100% Book Building Process wherein up to 50% of the
Net Issue will be available for allocation on a proportionate basis to Qualified Institutional
Buyers (“QIBs”) including 5% of the QIB portion that would be specifically reserved for
Mutual Funds. The remainder QIB portion shall be available for allocation on a
proportionate basis to QIBs and Mutual Funds, subject to valid bids being received from
them at or above the Issue Price. Further, not less than 15% of the Net Issue would be
available for allocation on a proportionate basis to Non-Institutional Bidders and not less
than 35% of the Net Issue would be available for allocation on a proportionate basis to
Retail Individual Bidders, subject to valid bids being received from them at or above the
Issue Price.
f. For details of related party transactions, please refer to the Annexure IV of Section V titled
“Financial Information” on page no. 150 of this RHP.
g. There are no relationships with Statutory Auditors to the Company other than auditing and
certification of financial statements.
h. Investors may note that in case of over-subscription in the Issue, allotment to Eligible
Employees, Qualified Institutional Bidders, Non Institutional Bidders and Retail Bidders
shall be on a proportionate basis in accordance with the SEBI Guidelines and in
consultation with BSE (the Designated Stock Exchange). For more information, please
refer to the section titled “Basis of Allotment” beginning on page no. 257 of this Red
Herring Prospectus.
i. Investors may note that Allotment and Trading in Equity Shares of the Company shall be
in dematerialised form only.
j. Investors are free to contact the BRLMs for any clarification or information relating to the
issue, who will be obliged to provide the same to the investor at large and no selective or
additional information would be available for a section of investors in any manner
whatsoever. Investors may contact the BRLMs or the Compliance Officer of the Issuer
Company for any complaint / clarifications / information pertaining to the issue.
k. Investors are advised to refer to the paragraph titled “Basis for Issue Price” on page no. 52
of this Red Herring Prospectus before making any investment in this issue.
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