To the equity
shareholders of …………………PRIVATE
LIMITED
Letter of Offer
Date:
Folio No:
Dear Sir/Madam
Subject: Offer for issuance of equity shares of the face value of Rs.10/-
(Rupees Ten Only) each at par on rights basis in the ratio of 3:1 on rights
basis
At the board meeting held on 1.2.2016 the board has resolved to raise a sum of Rs.84,60,000 by offering for subscription 846000 shares of
Rs. 10/- each on rights basis to the existing shareholders of the company in
the ratio of 3 shares for every 1 share held by each member. The said offer for
subscription on rights basis is in terms of the provisions of the Companies
Act, 2013(“the Act”). You are entitled to subscribe for …… equity shares at the
aforesaid price of Rs. 10/- Per share on the following terms and conditions.
The application for ………………..
equity shares of Rs. 10/- Each shall be payable in full
The application money and the
balance amounts shall be paid by cheque/demand draft drawn in favour of “…………… PRIVATE LIMITED” payable
at ……….
1.
The Shares will be issued only in physical form
2.
Fractional shares (less than one), if any, will be
consolidated and dealt with by the Board of Directors at its sole discretion
3.
The equity shares after allotment shall be subject to
the provisions of the Act and the Memorandum and Articles of Association of the
Company and shall rank paripassu in all respects with the existing shares of
the Company and shall also be entitled to rights/bonus issue of shares,
dividends etc.
4.
In accordance with the Provisions of Section 72 of the
Companies Act 2013, in case of an individual, who is the sole/first applicant
along with joint holders, if any, may nominate any one person to whom, in the
event of death of the sole applicant or in case of joint applicant, the death
of all applicants, as the case may be, the shares so allotted, shall vest. A
person being the nominee, becoming entitled to the shares by reason of the
death of the original holder/s, shall in accordance with Section…. of the Act
be entitled to the same advantages, to which he or she would be entitled, as if
he/she were the registered holder of the shares.
5.
This letter of offer is valid from the date mentioned
above till 10.03.2016 or till an extended date that may be decided by the Board, in its sole discretion.
In the event the application form (attached hereto) complete in all respect
along with the subscription amount is not received on or before 10.03.2016 your
right to apply for/renounce the equity shares shall be deemed to be waived and
the Board will have absolute power to dispose of such shares in its sole
discretion in the best interest of the Company. The Company will refund any
excess share application money paid by you if the issue size is determined to
be lesser than the amount set out hereto.
6.
If your completed application form along with the
subscription amount is received by the Company on or before the closing date
and shares are not allotted within 60 days from the date thereof, the amount
paid by you will be refunded without interest within 15 days from the expiry of
the said 60 days.
7.
You may renounce all or any of the rights entitled in
favour of one or more persons. The application for renunciation of rights
entitled shall reach the registered office of the company on or before the
closing date. However, on receipt of any communication indicating your consent
to subscribe to the shares in your name, the right to renunciation shall
thereafter stand cancelled.
8.
Renouncees shall not be entitled to further renounce
their entitlement in favour of any other person.
9.
You shall also be entitled to apply for additional
equity shares over and above the number of equity shares offered to you
provided you have applied for all the shares offered to you without renouncing
them in full or part and the allotment of such additional shares shall be at
the absolute discretion of the Board.
10. The
application should, be made in the printed form provided by the company.
Additional forms for renunciation shall be provided by the company on request.
11. The
Board reserves its full, unqualified and absolute right to accept or reject any
application, in whole or in part, and in either case without assigning any
reason thereto.
12. The
jurisdiction for the purpose of this issue shall be with the competent court/authorities
in Kochi, India.
By order of the Board
For ………..
PRIVATE LIMITED
……….
Director
OFFER OF 846000 EQUITY SHARES OF RS. 10/-
EACH AT PAR ON RIGHTS BASIS TO EQUITY SHAREHOLDERS WHOSE NAMES APPEAR ON THE
REGISTER OF MEMBERS IN THE RATIO OF 3(THREE)
EQUITY SHARES FOR EVERY 1(ONE) EQUITY
SHARE HELD AS ON THAT DATE.
Last date
for receiving application : MARCH 10TH , 2016
Office use only
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Serial No:
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Date of Receipt of
Application Form:
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Application No:
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INSTRUCTIONS
Note:
1. The
issue closes on 10.03.2016 at 5.30 PM. Applications duly filled together with
the subscription amount must reach the registered office of the Company before
the closure of the issue.
2. The
offer documents must be read carefully before filing the applications.
3. The
form must be filled in English and in block capital letters only. Delete
whichever is not applicable.
4. Application
form which is not complete in all respect or is not accompanies with full
application money is liable to be rejected.
5. The
Applicant must fill in the blank details in the relevant column provided in the
application form to enable the Company to make the refund orders, if any.
Applications without bank details are liable to be rejected.
6. Applicants
should mention folio no on the reverse of the cheque/draft.
7. The
first share holder must provide his Income tax PAN details in the appropriate
column provided in the application. Applications without the Income Tax PAN
details are liable to be rejected.
Form A
FORM OF APPLICATION BY EQUITY
SHAREHOLDERS FOR ACCEPTANCE OF RIGHTS SHARES WITHOUT EXCERSING THE OPTION OF
RENUNCIATION
Date : Folio
No:
THE BOARD OF DIRECTORS
………………………...
Pursuant to your letter of Offer
dated 12.2.2016 I/we hereby accept the
offer for allotment of Equity Shares as indicated below.
I/We enclose a
Cheque/Demand Draft number………………………. Dated……………….. drawn on ………………………. For an
amount of Rs. ………….payable at …………..being the application money payable thereon
for…………………….…..... ….. equity shares @ Rs. 10/- per share.
I/We agree to accept such Equity
Shares allotted to me/us and to hold such Equity Shares upon the terms and
conditions of the said Letter of Offer and subject to the provisions of the
Memorandum and Articles of Association of the Company.
I/We undertake that I/We will sign
all such other documents and do all such other acts, if any, necessary on
my/our part to enable me/us to be registered as the holder(s) of the Shares which may be allotted to me/us.
I/We authorize you to enter my/our
name(s) in the Register of Members in respect of the Equity Shares, which may
be allotted to me/us.
(Please
tick whichever is applicable)
·
We declare that I am/we are Indian Resident(s)
and that I am/we are not applying for the above mentioned Shares as the
nominee(s) of any person(s) of any person(s) who is/are not Indian National(s)
or who is/are resident outside India.
·
We confirm that I am/ We are Non-Resident
Indian/Person(s) abroad/FIIs and have remitted funds abroad through approved
Banking Channesl or from funds held in my/our NRE/FCNR/NRO Account towards
subscription for the Equity Shares
hereby applied for and are not applying for the Equity Shares as nominee(s) of
foreign national(s)
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NO. OF EQUITY SHARES HELD ON THE RECORD DATE
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NO. OF EQUITY SHARES OFFERED
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NO. OF EQUITY SHARES ACCEPTED OUT OF THE SHAES OFFERED
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ADDITONAL SHARES APPLIED FOR
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TOTAL NO. OF SHARES APPLIED
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TOTAL AMOUNT PAYABLE @ Rs. 10/-
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Income Tax PAN:
Bank Account details, in case of refund
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NAME OF THE BANK
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BRANCH
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ACCOUNT NUMBER
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IFSC
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TYPE OF ACCOUNT
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Email ID: Mob
No:
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Details of
nominee:-
Name:
Date of
Birth:
Address:
Name of Guardian (in case of minor) Signature
of Nominee
(Optional)
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(Signature) (Signature) (Signature)
Sole/1st Shareholder 2nd
Joint Shareholder 3rd
Joint Shareholder
…………………………………………………………………………………………………..
ACKNOWLEDGEMENT SLIP
(To be filled in by sole/first applicant)
Date:
Received from
Mr./Mrs./Ms……………………….. Application for…………. Equity Shares along with
Cheque/Demand Draft No………………….. drawn on ……………………… being the value of shares
payabe thereon.
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Reg.Folio:
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Application No:
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Form B
FORM OF RENUNCIATION
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Application No:
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Date: ………………..
THE BOARD OF DIRECTORS
…………………..
Dear Sir,
Pursuant to the offer letter dated
12.02.2016 I/We hereby renounce my/our
rights to the Equity Shares in favour of:
1. ……
…………………………………………………………………………………
2. ………………………………………………………………………………………..
3. ……………………………………………………………………………………......
who has/have
signed the application Form D. I/We have not made any application to the
Company for allotment of these equity shares in my/our name(s).
Applicant/ Shareholder
Form C
Application
by renounce(s) (to be filled in by renouncee(s) only)
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Application
No:
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Date:
THE BOARD OF DIRECTORS
………………
In terms of letter of offer dated 12.2.2016
and pursuant to the form of renunciation signed by the above mentioned
shareholder(s), I/We apply for allotment of below mentioned equity shares.
1. I/We
also apply for below mentioned additional equity shares and agree to accept
these shares as may be decided by the Board of Directors.
2.
I/We agree to accept the “Equity Shares” allotted to
me/us and to hold such shares upon the terms and conditions as laid down by the
Board of Directors and subject to the provisions of the Companies Act, 2013,
Memorandum & Articles of Association of the Company, and all the applicable
laws, rules and guidelines.
1.
Name and address of the renouncee(s) :
2.
If you are existing shareholder, please :
3.
Mention Folio No:
4.
Number of equity shares accepted:
5. Number
of additional equity shares applied by renounce:
6.
Total Number of Shares applied for by renounce:
7.
Amount payable with application:
8.
Payment – Cheque/DD details
Signature
of renounce(s)
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Full Name
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Signature
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Address of the
Applicant
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Company Secretary GAURAV SHARMA+919990694230 Connect on Watts App with Gaurav Email us [email protected] Official Blog Fema India Experts Connect with our Facebook Page:- Click and Like our Page Subscribe our Email updates like other 15,000 Members, Free/Easy/Comfortableway
