11 November 2014

Two OFS on Nov 7: GANGA PAPERS and FORTUNE FINANCIAL SERVICES

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Scrip NameOffer DateFlooor Price (Rs.)LTP (Rs.)Category TypeIndicative Price (Rs.)Offer Size



GANGA PAPERS INDIA LTD12-11-20140.05Retail2,11,860




Non Retail19,06,742




Total-21,18,602




FORTUNE FINANCIAL SERVICES (INDIA) LTD12-11-20140.05122.85Retail39,500



Non Retail3,55,500




Total-3,95,000





GANGA PAPERS INDIA LTD
Security TypeOFS
SymbolGANGAPA
Offer Date12 Nov 2014
StartTime09:15
EndTime15:30
Total Offer Size – No. of Shares2118602
Offer Size for Retail Investors211860
Offer Size for Non Retail Investors1906742
Face Value10.00
Floor Price
The Seller shall provide the Floor price for the sale on 11th November'2014 in a sealed envelope to the designated Stock Exchange BSE after the closure of trading of Stock exchange and before 5.00 pm. The sealed envelope shall be opened by the designated stock exchange in the presence of the sellers representatve after the closure of the offer for sale and the floor price shall be desseminiated to the market
Lot Size1
Tick Price0.05
ISIN NoINE278O01015
Minimum Bid Quantity1
Maximum Bid Quantity21,18,602
Allocation MethodologyPrice Priority
NOTESAll Market Participants are requested to note the company has connectivity with CDSL only and the market lot is 100 shares. Investors are requested to note that the present market lot of equity shares of the Company is 100 equity shares whereas the allocation to be made in the proposed OFS may not be in multiple of 100 equity shares. However, such allocation shall be in demat mode. For the equity shares allocated to investor other than in multiple of 100 equity shares, investors may choose to avail exit opportunity as per the prevailing procedure through odd lot window of the Exchange.
Selling MemberAjcon Global Services Limited
Seller PromoterMs Anju Kanoria,Mr Sanjay Kanoria,Ms Sadhana Kanoria,Mr Saket Kanoria,Ms. Pritu Chaudhary,Mr. Sandeep Kanoria,M/s Ras Polytex Private Limited

FORTUNE FINANCIAL SERVICES (INDIA) LTD
Security TypeOFS
SymbolFORTUNEF
Offer Date12 Nov 2014
StartTime09:15
EndTime15:30
Total Offer Size – No. of Shares395000
Offer Size for Retail Investors39500
Offer Size for Non Retail Investors355500
Face Value10.00
Floor Price
The Seller shall provide the Floor price for the sale on 11th November'2014 in a sealed envelope to the designated Stock Exchange BSE after the closure of trading of Stock exchange and before 5.00 pm. The sealed envelope shall be opened by the designated stock exchange in the presence of the sellers representative after the closure of the offer for sale and the floor price shall be disseminated to the market
Lot Size1
Tick Price0.05
ISIN NoINE924D01017
Minimum Bid Quantity1
Maximum Bid Quantity3,95,000
Allocation MethodologyProportionate
LTP122.85


Selling MemberPrabhudas Lilladher Ltd
Seller PromoterMr.Sudhir Valia and Mr. Vijay Mohanlal Parekh

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