ASBA* Garments... · 2013-04-18 · PRICE BAND: R 130 TO R 132 PER EQUITY SHARE OF FACE VALUE OF R 10/- EACH THE ISSUE PRICE IS 13.0 TIMES OF THE FACE VALUE AT THE LOWER END OF THE

PRICE BAND: R 130 TO R 132 PER EQUITY SHARE OF FACE VALUE OF R 10/- EACH

THE ISSUE PRICE IS 13.0 TIMES OF THE FACE VALUE AT THE LOWER END OF THE PRICE BANDAND 13.2 TIMES OF THE FACE VALUE AT THE HIGHER END OF THE PRICE BAND

In case of revision in the Price Band, the Bidding/Issue Period will be extended for three (3) additional working days after revision of the Price Band subject to the Bidding/Issue Period not exceeding ten (10) days. Any revision in the Price Band and the revised Bidding/Issue Period, if applicable, will be widely disseminated by notification to the Bombay Stock Exchange Limited (“BSE”) and the National Stock Exchange of India Limited (“NSE”), by issuing a press release, and also by indicating the change on the website of the Book Running Lead Managers and at the terminals of the Syndicate Member. The Issue is being made through the 100% Book Building Process wherein 25% of the Net Issue shall be allocated on a proportionate basis to eligible Qualified Institutional Buyers. Further, 5% of the QIB Portion shall be available for allocation on a proportionate basis to Mutual Funds only and the remaining QIB portion shall be available for allocation on a proportionate basis to all QIB Bidders, including Mutual Funds, subject to valid Bids being received at or above the Issue Price. If the aggregate demand by Mutual Funds is less than 5% of the QIB portion, the balance Equity Shares available for allocation in the Mutual Fund portion will be added to the QIB portion and be available for allocation proportionately to the QIB Bidders.. Further, not less than 40% of the Net Issue shall be made available for allocation on a proportionate basis to Non-Institutional Bidders and not less than 35% of the Net Issue shall be made available for allocation on a proportionate basis to Retail Individual Bidders, subject to valid Bids being received at or above the Issue Price.

Bidders should note that on the basis of PAN of the Bidders, Depository Participant's name, DP ID and beneficiary account number provided by them in the Bid cum Application Form, the Registrar to the Offer will obtain from the Depository the Demographic Details including Address, Bidders Bank Account Detail, MICR Code and Occupation. These bank account details would be used for giving refunds (including through physical refund warrants, direct credit, NECS, NEFT and RTGS) or unblocking of ASBA Account. Hence, Bidders are advised to immediately update their bank account details as appearing on the records of the Depository Participant. Please note that failure to do so could result in delays in despatch/ credit of refunds to Bidders or unblocking of ASBA Account at the Bidders sole risk and neither the BRLM, Co-BRLM or the Registrar to the Offer or the Escrow Collection Banks or the SCSBs nor our Company shall have any responsibility and undertake any liability for the same. Hence, Bidders should carefully fill in their Depository Account details in the Bid cum Application.

The issue has been graded by CARE and has been assigned the IPO Grade 3 indicating average fundamentals vide their letter dated 01/03/2013. For further details and rationale of grading please refer page no. 30 of the RHP.IPO GRADING:

LISTING: The Equity Shares of the Company are proposed to be listed on Bombay Stock Exchange Limited (“BSE”) and the National Stock Exchange of India Limited (“NSE”). The Company has received in-principle approvals from these Stock Exchanges for the listing of the Equity Shares pursuant to their letters dated 21/12/2010 and 11/01/2011 respectively. For the purpose of the Issue, BSE is the Designated Stock Exchange

DISCLAIMER CLAUSE OF SEBI: SEBI only gives its observations on the Offer Documents and this does not constitute approval of either the Offer or the Offer Document. Investors are advised to refer to the Red Herring Prospectus for the full text of the Disclaimer Clause of SEBI.

DISCLAIMER CLAUSE OF THE BSE: "It is to be distinctly understood that the permission given by BSE should not in any way be deemed or construed that the Offer Document has been cleared or approved by BSE nor does it certify the correctness or completeness of any of the contents of the Offer Document. The investors are advised to refer to the Offer Document for the full text of the Disclaimer Clause of BSE.”

DISCLAIMER CLAUSE OF THE NSE: “It is to be distinctly understood that the permission given by NSE should not in any way be deemed or construed that the Offer Document has been cleared or approved by NSE nor does it certify the correctness or completeness of any of the contents of the Offer Document. The investors are advised to refer to the Offer Document for the full text of the Disclaimer Clause of NSE.”

Simple, Safe, Smart way of Application - Make use of it !!!*Applications Supported by Blocked Amount (ASBA) is a better way of applying to issues by simply blocking the fundin the bank account, investors can avail the same. For details, check section on ASBA below.

ASBA*

AVAILABILITY OF RED HERRING PROSPECTUS: Investors are advised to refer to the Red Herring Prospectus, and the Risk Factors contained therein, before applying in the Issue. Full copy of the Red Herring

Prospectus will be available at the websites of SEBI, BSE, NSE, Issuer, BRLM, Co-BRLM at www.sebi.gov.in, www.bseindia.com, www.nseindia.com, www.scottsgarments.com, www.keynoteindia.net and

www.canarabank.com respectively.

AVAILABILITY OF APPLICATION FORMS: Bid-Cum-Application form can be obtained from Scotts Garments Limited, Book Running Lead Manager and Co-Book Running Lead Manager viz Keynote Corporate

Services Limited, Canara Bank - Merchant Banking Division. Syndicate Member to the Issue: Keynote Capitals Limited and at A. G. Shares & Securities Ltd, Almondz Global Securities Ltd, Amit Jasani Financial

Services Pvt Ltd, Amrapali Capital & Finance Services Ltd, Anand Rathi Share & Stock Brokers Ltd, Arihant Capital Markets Ltd, Ashika Stock Broking Ltd, Axis Capital Ltd, Dani Shares &Stocks Pvt. Ltd, Edelweiss Broking

Ltd, Eureka Stock & Share Broking Services Ltd, Geojit BNP Paribas Financial Services Ltd, HDFC Securities Ltd, Hem Securities Ltd, Hitesh Shah Share & Stock Brokers, IDBI Capital Market Services Ltd, India Infoline

Ltd, Intensive Fiscal Services pvt. Ltd, J M Financial Services Pvt Ltd, Karvy Stock Broking Ltd, Kaushik N. Shah, KJMC Capital Markets Services Ltd, Kotak Securities Ltd, LKP Securities Ltd, Monarch Project & Finmarkets

Ltd, Motilal Oswal Securities Ltd, Nirmal Bang Securities Pvt. Ltd, Nitin Parikh & Company, Prabhudas Lilladher Pvt. Ltd., Pravin Ratilal Share & Stock Brokers Ltd, SBICAP Securities Ltd, Sharekhan Ltd, SMC Global

Securities Ltd, Standard Chartered Securities (India) Ltd, Sumedha Fiscal Services Ltd, Sushil Financial Services Pvt. Ltd.

APPLICATIONS SUPPORTED BY BLOCKED AMOUNT (ASBA): Investors may apply through the ASBA process. ASBA can be availed by all the investors except anchor investors. Non-retail investors have to

compulsorily apply through ASBA. The investor is required to fill the ASBA form and submit the same to their bank or to the syndicate members. The SCSB will block the amount in the account as per the authority contained in

ASBA Form. On allotment, amount will be unblocked and account will be debited only to the extent required to be paid for allotment of shares. Hence, there will be no need of refunds. ASBA bid-cum application forms can also

be downloaded from the websites of Bombay Stock Exchange and National Stock Exchange. ASBA form can be obtained from the list of banks that is available on the website of SEBI at www.sebi.gov.in. For more details on

the ASBA Process, please refer to the details given in ASBA form and abridged prospectus and also please refer to the section “Issue Procedure” beginning on page 238 of the Red Herring Prospectus.

BANKERS TO THE ISSUE AND ESCROW COLLECTION BANKS: Axis Bank Limited, Canara Bank, HDFC Bank Limited, IDBI Bank Limited and IndusInd Bank Limited.

For Scotts Garments Limited

On behalf of the Board of Directors

Sd/-

Managing Director

BID/ISSUE

OPENS ON THURSDAY, 2013APRIL 25,

CLOSES ON MONDAY, APRIL 29, 2013

Scotts Garments Limited is proposing to make a public issue and has filed a Red Herring Prospectus (“RHP”) with the Registrar of Companies Bangalore, Karnataka for Registration. The RHP will be available on the website of the Securities and Exchange Board of India at www.sebi.gov.in as well as on the websites of the BRLM and Co-BRLM at www.keynoteindia.net and www.canarabank.com. Investors should note that investment in equity shares involves a high degree of risk and for details relating to the same, see the section titled “Risk Factors” of the RHP.

This material is not an offer of securities for sale in the United States or elsewhere. The Equity Shares of the Company are not being registered under the Securities Act of 1933, as amended (the "U.S. Securities Act"), or any U.S. state securities laws, and may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. There will be no public offering of the Equity Shares of the Company in the United States. This material may not be published or distributed in the United States.

BIDS CAN BE MADE FOR A MINIMUM OF 100 EQUITY SHARES AND IN MULTIPLES OF 100 EQUITY SHARES THEREAFTER

PROMOTER OF OUR COMPANY: MR. NASEER AHMED

SCOTTS GARMENTS LIMITED

PUBLIC ISSUE OF 1,05,06,954 EQUITY SHARES OF 10 EACH (“EQUITY SHARES”) OF SCOTTS GARMENTS LIMITED (THE “COMPANY” OR THE “ISSUER”) FOR CASH AT A PRICE OF [•] PER EQUITY SHARE (INCLUDING SHARE PREMIUM OF r [•] PER EQUITY SHARE), AGGREGATING r [•] LACS THE ISSUERESERVED IN THE ISSUE FOR SUBSCRIPTION BY ELIGIBLE EMPLOYEES (THE "EMPLOYEE RESERVATION PORTION” ). THE ISSUE LESS THE EMPLOYEE RESERVATION PORTION IS REFERRED TO AS THE “NET ISSUE”. THE ISSUE WOULD CONSTITUTE 26.95% OF THE POST ISSUE PAID-UP CAPITAL OF THE COMPANY. THE NET ISSUE TO PUBLIC WOULD CONSTITUTE 25.80% OF THE FULLY DILUTED POST ISSUE PAID UP CAPITAL OF THE COMPANY.

r r ( “ ” ). UPTO 4,50,000 EQUITY SHARES WILL BE

[Scotts Garments was formed on 01/12/1992 as a partnership firm under the Indian Partnership Act, 1932. The partners of Scotts Garments promoted a Private Limited Company under Companies Act, 1956 as ‘Scotts Garments Private Limited’ vide Certificate of Incorporation dated 01/03/2002 issued by the Registrar of Companies, Bangalore, Karnataka and acquired the business of “Scotts Garments”. The Company was subsequently converted into a public company and the name was changed to ‘Scotts Garments Limited’, and received a Certificate of Change of Name on 19/06/2007. The Corporate Identity Number of the Company is ’U18101KA2002PLC030185

Registered Office: 481-B, Peenya Industrial Area, Peenya IV Phase, Bangalore – 560 058; Tel.: +91-080-40858585 / 41179001 / 41179002 / 41179003; Fax: +91-080-41179007; Website: www.scottsgarments.com; Contact Person: Mr. S. Guruswamy Babu, Company Secretary & Compliance Officer; E-mail: [email protected].

(This is only an advertisement for information purposes not a prospectus announcement)

C O N C E P T

BOOK RUNNING LEAD MANAGER REGISTRAR TO THE ISSUE

Keynote Corporate Services LimitedThe Ruby, 9th Floor, Senapati Bapat Marg,Dadar (W), Mumbai – 400028Tel: +91–22– 30266000-3Fax: +91–22– 30266088Website: www.keynoteindia.netE-mail: [email protected] Person: Mr. Girish SharmaSEBI Registration No.: INM 000003606AIBI No.: AIBI/ 040

Canara Bank - Merchant Banking DivisionHimalaya House, 407,4th Floor,79, Mata Ramabai Ambedkar MargMumbai 400 001Tel: +91–22-22677405/06Fax: +91–22-22677404Website: www.canarabank.comE-mail: [email protected] Person: Mr. Vasant SapkaleSEBI Registration No.: INM 000002558

Mr. S. Guruswamy Babu481-B,Peenya Industrial Area,Peenya IV PhaseBangalore – 560 058;Tel: +91-080-41179001/41179002/41179003/40858585Fax: +91-080-41179007E-mail: [email protected]

Link Intime India Private Limited C-13, Pannalal Silk Mills Compound,L.B.S. Marg, Bhandup (West),Mumbai 400078Tel : +91–22-25963838/25946970Fax: + 91–22-25946969Website: www.linkintime.co.inE-mail: [email protected] Person: Mr. Sachin AcharSEBI Registration No.: INR000004058

Investors can contact the Compliance Officer or theRegistrar in case of any pre-Issue or post-Issue relatedproblems such as non-receipt of letters of allocation,credit of allotted Equity Shares in the respectivebeneficiary account or refund orders, etc.

CO-BOOK RUNNING LEAD MANAGER COMPANY SECRETARY AND COMPLIANCE OFFICER

For further details please see section titled “Basis of Issue Price” on Page 64 of the RHP.

Place: Bangalore

Date: April 15, 2013