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

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

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17.1.2006 Acquisition 2,86,641 10 7 through purchase 13.3.2006 Acquisition 1,41,863 10 7 through purchase 31.3.2006 Acquisition 1,43,700 10 7 through purchase 1.8.2006 Acquisition 6,31,096 10 7.25 through purchase 10.10.2006 Acquisition 4,40,000 10 10 through purchase 26.2.2007 Acquisition 46,200 10 40 through purchase 15.3.2007 Acquisition 1,11,540 10 32 through purchase 8.6.2007 Bonus Issue 37,89,170 10 - Total 1,13,67,510 Promoters Contribution and Lock-in: i. 3 years lock-in In terms of chapter IV of the SEBI DIP Guidelines, an aggregate of 20% of the post-issue paid up Equity Share capital of the Company held by the promoters of the Company shall be locked in for a period of three years from the date of allotment in this Issue. The details of the promoter’s Equity shares locked in for a period of three years are as under: Name of the Promoter M/s Chand Bagh Investments Limited Date of Allotment/ Transfer, and made fully paidup Consideration No. of Shares Face Value (Rs.) Issue Price/ Transfer Price (Rupees) 10.10.2006 Acquisition 4,638 10 10 through purchase 26.2.2007 Acquisition 46,200 10 40 through purchase 15.3.2007 Acquisition 1,11,540 10 32 through purchase 8.6.2007 Bonus Issue 37,89,170 10 - Total 39,51,548 %age of Post-Issue Paid-up Capital Lock in Period (Yrs) 20.00 3 Years ii. 1 year lock – in The details of the promoter’s Equity shares locked in for a period of one year are as under: Name of the Promoter M/s Chand Bagh Investments Limited Date of Allotment/ Transfer, and made fully paidup Consideration No. of Shares Face Value (Rs.) Issue Price/ Transfer Price (Rupees) 24.6.1993 Cash 2,95,000 10 10 20.8.1993 Cash 80,000 10 10 30.12.1993 Cash 27,500 10 10 31.12.1993 Cash 75,000 10 10 7.2.1994 Cash 50,000 10 10 8.3.1994 Cash 28,750 10 10 15.7.1994 Cash 68,750 10 10 %age of Post-Issue Paid-up Capital Lock in Period (Yrs) 37.53 1 year 25

1.11.1994 Acquisition 18,75,000 10 10 through purchase 2.11.1995 Bonus issue 30,00,000 10 - 21.4.1997 Acquisition 2,77,300 10 10 through purchase 17.1.2006 Acquisition 2,86,641 10 7 through purchase 13.3.2006 Acquisition 1,41,863 10 7 through purchase 31.3.2006 Acquisition 1,43,700 10 7 through purchase 1.8.2006 Acquisition 6,31,096 10 7.25 through purchase 10.10.2006 Acquisition 4,35,362 10 10 through purchase Total 74,15,962 Shareholding Pattern of Persons in Promoters Group: Promoters’ Group Globus Infosys Private Limited Date of Allotment/ Transfer, and made fully paidup Considerati on 16.05.08 Beneficiary Transfer 02.06.08 Beneficiary Transfer Transferor Sourabh Venture Capital Trust Sourabh Venture Capital Trust No. of Shares Face Value (Rs.) Issue Price/ Transfer Price (Rs.) %age of Pre-Issue Paid-up Capital %age of Post-Issue Paid-up Capital 2,25,000 10 23.35 1.835 1.14 2,25,000 10 23.35 1.835 1.14 Total 4,50,000 3.67 2.28 1. Out of the total Promoters’ holding, 20% of the Post-Issue Equity Share Capital i.e. 39,51,548 Equity Shares will be under lock-in for 3 years. In terms of Clause 4.12.1 of the SEBI DIP Guidelines, the balance equity shareholding of the promoters i.e. 74,15,962 Equity Shares (in excess of the aforesaid 20%) shall be locked in for a period of one year. The Promoters’ Contribution has been brought in to the extent of not less than the specified minimum lot and from persons defined as Promoters under the SEBI DIP Guidelines. The promoters and the promoter group will not be participating in the proposed issue. 2. In terms of Clause 4.6.4A of the SEBI DIP Guidelines, none of the securities forming part of promoters’ contribution have been pledged with any Bank(s) or Financial Institutions. 3. Specific written consent has been obtained from the promoters for inclusion of the above mentioned shares as minimum promoters’ contribution, subject to lock in to the extent of 20% of Post Issue Paid up Capital and that these shares shall not be transferred except inter se transfer as per the SEBI guidelines. 4. In terms of Clause 4.14.1 of the SEBI DIP Guidelines, in addition to the lock-in of 20% of post-issue shareholding of the Promoter for three years, as specified above, the entire preissue share capital shall be locked in for a period of one year from the date of allotment in this issue including shares held by Mr. Deepak Roy. The shares held by Sourabh Venture Capital Trust, a SEBI registered Venture capital Trust, would also be locked in for a period of one year from the date of allotment in this issue as the shares are being held for a period less than one year as on the date of filing the Draft Red Herring Prospectus with SEBI. In terms of Clause 4.15.1 of the SEBI DIP Guidelines, the locked-in Equity Shares held by the 26

17.1.2006 Acquisition 2,86,641 10 7<br />

through<br />

purchase<br />

13.3.2006 Acquisition 1,41,863 10 7<br />

through<br />

purchase<br />

31.3.2006 Acquisition 1,43,700 10 7<br />

through<br />

purchase<br />

1.8.2006 Acquisition 6,31,096 10 7.25<br />

through<br />

purchase<br />

10.10.2006 Acquisition 4,40,000 10 10<br />

through<br />

purchase<br />

26.2.2007 Acquisition 46,200 10 40<br />

through<br />

purchase<br />

15.3.2007 Acquisition 1,11,540 10 32<br />

through<br />

purchase<br />

8.6.2007 Bonus Issue 37,89,170 10 -<br />

Total 1,13,67,510<br />

Promoters Contribution and Lock-in:<br />

i. 3 years lock-in<br />

In terms of chapter IV of the SEBI DIP Guidelines, an aggregate of 20% of the post-issue paid<br />

up Equity Share capital of the Company held by the promoters of the Company shall be locked in<br />

for a period of three years from the date of allotment in this Issue. The details of the promoter’s<br />

Equity shares locked in for a period of three years are as under:<br />

Name of the<br />

Promoter<br />

M/s Chand<br />

Bagh<br />

Investments<br />

Limited<br />

Date of<br />

Allotment/<br />

Transfer, and<br />

made fully paidup<br />

Consideration No. of Shares Face<br />

Value<br />

(Rs.)<br />

Issue<br />

Price/<br />

Transfer<br />

Price<br />

(Rupees)<br />

10.10.2006 Acquisition<br />

4,638 10 10<br />

through<br />

purchase<br />

26.2.2007 Acquisition 46,200 10 40<br />

through<br />

purchase<br />

15.3.2007 Acquisition 1,11,540 10 32<br />

through<br />

purchase<br />

8.6.2007 Bonus Issue 37,89,170 10 -<br />

Total 39,51,548<br />

%age of<br />

Post-Issue<br />

Paid-up<br />

Capital<br />

Lock in<br />

Period<br />

(Yrs)<br />

20.00 3 Years<br />

ii.<br />

1 year lock – in<br />

The details of the promoter’s Equity shares locked in for a period of one year are as under:<br />

Name of the<br />

Promoter<br />

M/s Chand<br />

Bagh<br />

Investments<br />

Limited<br />

Date of<br />

Allotment/<br />

Transfer, and<br />

made fully paidup<br />

Consideration No. of Shares Face<br />

Value<br />

(Rs.)<br />

Issue<br />

Price/<br />

Transfer<br />

Price<br />

(Rupees)<br />

<strong>24</strong>.6.1993 Cash 2,95,000 10 10<br />

20.8.1993 Cash 80,000 10 10<br />

30.12.1993 Cash 27,500 10 10<br />

31.12.1993 Cash 75,000 10 10<br />

7.2.1994 Cash 50,000 10 10<br />

8.3.1994 Cash 28,750 10 10<br />

15.7.1994 Cash 68,750 10 10<br />

%age of<br />

Post-Issue<br />

Paid-up<br />

Capital<br />

Lock in<br />

Period<br />

(Yrs)<br />

37.53 1 year<br />

25

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