SORL, H-17, M.I.D.C, Satpur Area, Nasik, Maharashtra -

Public Issue of 558036 Equity Shares of Rs 10.00 each for Cash at a Premium of Rs 886.00 per share.
Issue Open DateIssue Closing DateApplication MoneyAllotment Money
20/07/201622/07/2016896.00 -
Lead Managers Registrar Listed at
AXIS CAPITAL LTD.
ICICI SECURITIES LTD
Link Intime India Private Limited
C-13, Pannalal Silk Mills Compound,
L.B.S. Marg, Bhandup (West)
Mumbai, Maharashtra - 400078
Phone: 61715400 Fax: 25960329
BSE
NSE
Object of the issue

The Offer consists of a Fresh Issue by the Company and an Offer for Sale by the Selling Shareholders.

Offer for Sale

-The Company will not receive any proceeds from the Offer for Sale.

The Fresh Issue

The details of the proceeds of the Fresh Issue are summarized in the table below:

Gross Proceeds of the Fresh Issue - Rs.500 Millions

Less: Offer Related Expenses in relation to Fresh Issue - Nil

Net Proceeds - Nil

After deducting the Offer related expenses in relation to the Fresh Issue, our Company proposes to utilise the funds which are being raised through the Fresh Issue estimated to be approximately [ ] million (“Net Proceeds”), towards the following objects (collectively, referred to herein as the “Objects”):

1. Investment in Advanced Enzymes USA, our wholly owned subsidiary for repayment / pre-payment of certain loans availed by Advanced Enzymes USA; and

2. General Corporate Purposes.

Promoted by

The following are the Promoters of the Company:

1.Mr. Chandrakant Laxminarayan Rathi

2.Mr. Vasant Laxminarayan Rathi,

1.Mr. Chandrakant Laxminarayan Rathi, aged 61 years, is the Promoter and Managing Director of the Company. He holds a Bachelor’s degree in Science Chemical Engineering) from National Institute of Technology, Rourkela. He has over 37 years of experience in the enzyme industry and was one of the co-founders of Rathi Papains Private Limited incorporated in the year 1978, which was engaged in the business of manufacturing of enzymes from papain, and is currently responsible for the management of the entire operations of the Company and its Indian subsidiaries, including strategic initiatives of the businesses.

Passport No: Z1728699

Driving Licence: MH04 19780062532

Voter Id No.: MT/10/053/0493165

DIN: 00365691

2.Mr. Vasant Laxminarayan Rathi, aged 67 years, is the Promoter and a Nonexecutive and Non-Independent Director of the Company. He holds a Bachelor’s degree in Pharmacy from Nagpur University and degree of Master of Science from University of Hawaii. He has over 37 years of experience in the enzyme industry and was one of the co-founders of Rathi Papains Private Limited incorporated in the year 1978, which was engaged in the business of manufacturing of enzymes from papain. He promoted and incorporated Cal-India in the year 1985 and has been associated with the Company since the year 1993. Mr. Vasant Laxminarayan Rathi heads the international subsidiaries based in United States.

Passport No: 452038211

Driving Licence: N5176542 (California)

Voter Id No.: N.A.

DIN: 01233447