POST OFFER ADVERTISEMENT FOR ATTENTION OF THE EQUITY SHAREHOLDERS OF

ASIAN OILFIELD SERVICES LIMITED

(TARGET COMPANY)
Registered Office: 703, 7th Floor, Tower-A, IRIS Tech Park, Sohna Road,
Sector-48, Gurgaon, Haryana - 122 018
Tel. No.: +91-124-6606400; Fax No.: +91-124-4256146
Email id: secretarial@asianoilfield.com
Open Offer for acquisition of upto 58,04,356 fully paid-up equity shares of face value of
` 10/- each (Equity Share(s)) representing 26% of fully paid-up equity share capital and voting
capital of the Target Company by Oilmax Energy Private Limited (Acquirer).
This Post Offer Advertisement (Post Offer Advertisement) is being issued by Inga Capital Private
Limited (Manager to the Offer), on behalf of Acquirer pursuant to regulation 18(12) of Securities and
Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and
subsequent amendments thereto (SEBI (SAST) Regulations, 2011).
The Post Offer Advertisement is to be read together with: (a) the Public Announcement dated
May 23, 2016 (PA); (b) the Detailed Public Statement published on May 27, 2016 in Financial Express
(English daily) all editions, Jansatta (Hindi daily) all editions, Gurgaon Mail (Hindi daily) Gurgaon edition
and Navshakti (Marathi daily) Mumbai edition (DPS) (c) the Letter of Offer dated June 28, 2016
(LOF) (d) the offer opening public announcement published on July 8, 2016 in Gurgaon Mail (Hindi
daily) Gurgaon edition and Navshakti (Marathi daily) Mumbai edition and in Financial Express (English
daily) and Jansatta (Hindi daily) all editions except Lucknow edition, where it had been published on
July 9, 2016 as July 8, 2016 being no issue day on account of EID (Offer Opening PA).
Capitalized terms used but not defined in this Post Offer Advertisement shall have the same meanings
assigned to such terms in the PA, DPS, LOF and Offer Opening PA.
Sr.
Particulars
Details
No.
1. Name of the Target Company
Asian Oilfield Services Limited
2. Name of the Acquirer
Oilmax Energy Private Limited
3. Name of the Manager to the Offer
Inga Capital Private Limited
4. Name of the Registrar to the Offer
Link Intime India Private Limited
5. Offer Details
a. Date of Opening of the Offer
July 11, 2016
b. Date of Closing of the Offer
July 22, 2016
6. Date of Payment of Consideration
Not Applicable
Proposed in the
7. Details of Acquisition
Actuals
offer documents
` 32.40 per fully
` 32.40 per fully
7.1 Offer Price
paid-up equity share
paid-up equity share
7.2 Aggregate number of equity shares
58,04,356 Equity Shares 1,100 Equity Shares
tendered
7.3 Aggregate number of equity shares
58,04,356 Equity Shares
Nil
accepted
7.4 Size of the Offer
` 18,80,61,134.40
Nil
(Number of equity shares multiplied by
offer price per equity share)
7.5 Shareholding of the Acquirer before
Public Announcement
Number of shares
Nil
Nil
% of fully diluted equity share capital
N.A.
N.A.
7.6 Shares Acquired by way of Agreement
Number of shares acquired
1,25,72,600
1,25,72,600(1)
% of fully diluted equity share capital
56.32%
56.32%
7.7 Shares Acquired by way of Open Offer
Number of shares acquired
58,04,356
Nil
% of fully diluted equity share capital
26.00%
NA
7.8 Shares acquired after DPS
Number of shares acquired
NIL
NIL
Price of the shares acquired
N.A.
N.A.
% of the shares acquired
N.A.
N.A.
7.9 Post offer share holding of Acquirer
Number
1,83,76,956
1,25,72,600(1)
% of fully diluted equity share capital
82.32%
56.32%
7.10 Pre & Post offer shareholding of the Public Pre Offer Post Offer(2) Pre Offer Post Offer(2)
Number
97,46,844 39,47,488 97,46,844 97,51,844
% of fully diluted equity share capital*
43.66%
17.68%
43.66%
43.68%
Notes:
1. (1) Share Purchase Agreement dated May 23, 2016 (SPA) entered between Acquirer and Samara
Capital Partners Fund I Limited (Seller). As on the date of this Post Offer Advertisement the
Acquirer has acquired 1,03,72,600 Equity Shares representing 46.46% of fully paid-up equity share
capital and voting capital of the Target Company and 22,00,000 Equity Shares representing 9.86%
of fully paid-up equity share capital and voting capital of the Target Company are pending
for transfer.
2. (2) (i) Promoter, other than parties to the SPA, will form part of public category of the Target Company
and (ii) Acquirer shall be categorized as promoter of the Target Company, post the proposed
re-classification exercise pursuant to regulation 31A of Securities and Exchange Board of India
(Listing Obligations and Disclosure Requirements) Regulations, 2015. The Target Company has
initiated the process for such re-classification.
3. The Acquirer and its directors severally and jointly accepts full responsibility for the information
contained in this Post Offer Advertisement and also for the obligations of the Acquirer as laid down
in the SEBI (SAST) Regulations, 2011.
4. The copy of this Post Offer Advertisement will be available on the website of SEBI (www.sebi.gov.in),
BSE Limited (www.bseindia.com) and at the registered office of the Target Company.
THIS POST OFFER ADVERTISEMENT IS ISSUED BY MANAGER TO THE OFFER ON BEHALF OF
THE ACQUIRER

Inga Capital Private Limited

Naman Midtown, A Wing, 21st Floor,
Senapati Bapat Marg, Elphinstone (West), Mumbai - 400 013
Tel. No.: +91-22-4031 3489; Fax No.: +91-22-4031 3379
Email: aosl.openoffer@ingacapital.com
Contact Person: Mr. Ashwani Tandon
SEBI Registration Number: INM000010924
Place : Mumbai
Date : July 28, 2016
Size: 12(w) x 33(h)

PRESSMAN