August 12, 2013 - August 16, 2013

VKJ Infradevelopers IPO Basis of Allotment

VKJ INFRADEVELOPERS LIMITED

Our Company was incorporated as 'VKJ Infradevelopers Private Limited' a private limited company under the companies Act, 1956 pursuant to Certificate of lncorporation dated March 12,2010 bearing registration number 200014 issued by the Registrar of Companies, Delhi. Subsequently, our Company was converted into a public limited company under the Companies Act and the name of Our Company was changed to 'VKJ Infradevelopers Limited' pursuant to fresh certificate of incorporation consequent upon change of name on conversion to public limited company dated May 29,2013 issued by the Registrar of Companies, Delhi. Our corporate identification number is U45400DL2010PLC200014. For further details of our Company, please refer to the chapters titled 'General Information' and 'History and Certain Corporate Matters' beginning on page numbers 26 and 69, respectively, of the Prospectus.

Registered Office: B-25, First Floor, Dayanand Colony, Lajpat Nagar, New Delhi - 110024, India
Tel: +91 1132319722, Fax: +91 11 3231 9722, Website: www.vkjinfra.com, E-mail: vkjinfradevelop@yahoo.com
Company Secretary and Compliance Officer: Ms. Shubhra Aggarwal
OUR PROMOTERS: MR. MANOJ KUMAR, MR. ARUN KUMAR CHALUKYA, MR. RAJESH KUMAR CHAUHAN AND SSD REAL ESTATE DEVELOPERS PRIVATE LIMITED

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 51,00,000 EQUITY SHARES OF RS.10 EACH ('EQUITY SHARES') OF VKJ INFRADEVELOPERS LIMFTED (THE 'COMPANY' OR THE 'ISSUER') FOR CASH AT A PRICE OF RS.25 PER EQUITY SHARE, INCLUDING A SHARE PREMIUM OF RS.15 PER EQUITY SHARE (THE 'ISSUE PRICE'), AGGREGATING RS.1,275 LACS ('THE ISSUE'), OF WHICH 2,64,000 EQUITY SHARES OF RS.10 EACH WILL BE RESERVED FOR SUBSCRIPTION BY THE MARKET MAKERS TO THE ISSUE (THE 'MARKET MAKER RESERVATION PORTION'). THE ISSUE LESS MARKET MAKER RESERVATION PORTION I.E. ISSUE OF 48,36,000 EQUITY SHARES OF RS.10 EACH FOR CASH AT A PRICE OF RS.25 PER EQUITY SHARE AGGREGATING RS.1,209 LACS IS HEREINAFTER REFERED TO AS THE 'NET ISSUE'. THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 28.57% AND 27.09% RESPECTIVELY OF THE FULLY DILUTED POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY. THIS BEING A FIXED PRICE, AS PER SUB CLAUSE (4) OF REGULATION 43 OF THE SEBI (ICDR) REGULATIONS, 2009 AS AMENDED (THE 'SEBI REGULATIONS'), OUT OF THE NET ISSUE OF 48,36,000 EQUITY SHARES, NOT LESS THAN 50% SHALL BE AVAILABLE TO RETAIL INDIVIDUAL INVESTORS AND THE REMAINING TO INDIVIDUAL APPLICANTS OTHER THAN RETAIL INVESTORS AND OTHER INVETORS INCLUDING CORPORATE BODIES OR INSTITUTIONS IRRESPECTIVE OF THE NUMBER OF SHARES APPLIED FOR. IF THE RETAIL INDIVIDUAL INVESTOR CATEGORY IS ENTITLED TO MORE THAN 50% ON PROPORATIONATE BASIS, THEY SHALL BE ALLOTTED THAT HIGHER PERCENTAGE.

THE FACE VALUE OF THE EQUITY SHARES IS RS.10 EACH AND THE ISSUE PRICE OF RS.25 IS 2.5 TIMES OF THE FACE VALUE

ISSUE OPENED ON MONDAY, AUGUST 12, 2013
AND CLOSED ON FRIDAY, AUGUST 16, 2013

PROPOSED LISTING: FRIDAY, AUGUST 30, 2013

The Equity Shares offered through this Prospectus are proposed to be listed on the SME Platform of BSE Limited ('BSE'). In terms of the Chapter XB of the SEBI (ICDR) Regulations, 2009, as amended from time to time, we are not required to obtain an in-principal listing approval for the shares being offered in this Issue. However, our Company had received an approval letter dated August 2,2013 from BSE for using its name in this Prospectus for listing of our Equity Shares on the SME Platform of BSE. For the purpose of this Issue, BSE shall be the Designated Stock Exchange. The trading is proposed to be commenced with effect from Friday, August 30,2013*.

*Subject to receipt of listing and trading approvals from the BSE Limited.

All Applicants were allowed to participate in the Issue through APPLICATIONS SUPPORTED BY BLOCKED AMOUNT ('ASBA') process by providing the details of their respective bank accounts in which the corresponding application amounts were blocked by Self Certified Syndicate Banks (the 'SCSBs').

SUBSCRIPTION DETAILS

The Issue has received 141 applications for 51,84,000 Equity Shares resulting in 1.02 times subscription (including reserved portion of Market Maker). The details of the applications received in the Issue (before technical rejections and after cheque returns) are as follows:
Detail of the Applications Received (Before Technical Rejection)

Category No. of
Applications % No. of
Equity Shares % Subscription

Market Maker 1 0.71% 2,64,000 5.09% 1

Retail Individual Applicant 122 86.52% 7,32,000 14.12% 0.30

Non Institutional Applicant 18 12.77% 41,88,000 80.79% 1.73

Total 141 100.00% 51,84,000 100.00% 1.02

The details of applications rejected by the Registrar on technical grounds / withdrawal are detailed below:

Technical rejection / Withdrawal

Category No. of
Applications No. of
Equity Shares

Market Maker Nil Nil

Retail Individual Applicant 3 18,000

Non Institutional Applicant Nil Nil

Total 3 18,000

After eliminating Technically Rejected applications, the following table gives the details of Category wise net valid applications:

After technical rejections

Category No. of
Applications % No. of
Equity Shares % Subscription

Market Maker 1 0.72% 2,64,000 5.11% 1

Retail Individual Applicant 119 86.23% 7,14,000 13.82% 0.30

Non Institutional Applicant 18 13.04% 41,88,000 81.07% 1.73

Total 138 100.00% 51,66,000 100.00% 1.01

Allocation: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - BSE Limited on August 26,2013.

A. Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the issue price of 7 25/- per Equity Share, was finalised in consultation with BSE. The category was subscribed by 1.00 times. The total number of shares allotted in this category is 2,64,000 Equity Shares.

B. Allocation to Retail Individual Investors (After Technical Rejections): The Basis of Allotment to the Retail Individual Investors, at the issue price of 725/- per Equity Share, was finalised in consultation with BSE. The category was subscribed by 0.30 times i.e. for 7,14,000 equity shares. Due to under subscription all the valid applicants in this category have been given full and firm allotment of 6,000 equity shares each and the under subscribed portion, being 17,04,000 shares from Retail Individual Investors Category have been spilled over to Other than Retail Individual Investors Category.

C. Allocation to Other than Retail Individual Investors (After Technical Rejections): The Basis of Allotment to the Non Institutional Investors, at the issue price of 7 251- per Equity Share, was finalised in consultation with BSE. The category was subscribed 1.73 times. After adding the spill over 17,04,000 equity shares from Retail individual Investors category the category was subscribed by 1.11 times. The total number of shares allotted in this category is 41,22,000 Equity Shares to 18 successful applicants on proportionate basis. The category wise basis of allotment is as under:

No. of Shares
applied for
(Category
wise) No. of
Applications
Receives % to
total Total No. of
Shares Applied
in each category % of
total Proportionate
Shares
Available Allocation Per
Applicant Before
Rounding Off Allocation Per
Applicant After
Rounding Off Ratio of
Allottees to
Applicants Total No.
of Shares
Allotted Surplus/
Defecit

12000 1 5.56 12000 029 11811 11810.89 12000 1:1 12000 189

48000 1 5.56 48000 1.15 47243 47243.55 48000 1:1 48000 757

60000 4 22.22 240000 5.73 236218 59054.44 60000 1:1 240000 3782

156000 1 5.56 156000 3.72 153541 153541.55 156000 1:1 156000 2459

204000 1 5.56 204000 4.87 200785 200785.10 198000 1:1 198000 -2785

240000 6 33.33 1440000 34.38 1417307 236217.77 234000 1:1 1404000 -13307

6000.00 6000 1:3 12000 12000

360000 1 5.56 360000 8.60 354327 354326.65 354000 1:1 354000 -327

528000 1 5.56 528000 12.61 519679 519679.08 522000 1:1 522000 2321

600000 2 11.11 1200000 28.65 1181089 590544.41 588000 1:1 1176000 -5089

Total 18 100.00 4188000 100.00 41,22,000 41,22,000 0

The Board of Directors of the Company at its meeting held on August 27,2013 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz. BSE Limited and has authorized the corporate action for the transfer of the Equity Shares to various successful applicants.
The CAN-cum-Refund Orders and allotment advice and/or notices are being dispatched to the address of the Applicants as registered with the depositories on August 28,2013. Further, the instructions to Self Certified Syndicate Banks are being dispatched on or prior to August 28,2013. In case the same is not received within 10 days, investors may contact at the address given below. Refunds have been made through Direct credit, RTGS and NEFT, into the Bank Accounts of the applicants, as registered with the depositories. For other applicants Refund Orders have been dispatched to their address as registered with the depositories. In case the same is not received within ten days, investors may contact at the address given below. The Refund Orders have been over-printed with the Bank Mandate details as registered, if any, with the depositories. The Equity Shares allocated to successful applicants are being credited to their beneficiary accounts subject to validation of the account details with the depositories concerned. The Company is taking steps to get the Equity Shares admitted for trading on the SME Platform of BSE Limited within twelve working days from the date of the closure of the Issue.

Note: All capitalized terms used and not defined herein shall have the respective meaning assigned to them in the Prospectus dated August 3,2013 ('Prospectus').

INVESTORS PLEASE NOTE

The details of the allotment made would also be hosted on the website of the Registrar to the Issue, SHAREPRO SERVICES (INDIA) PRIVATE LIMITED at www.shareproservices.com. All future correspondence in this regard may kindly be addressed to the Registrar to the Issue quoting full name of the First/ Sole applicants, serial number of the Application Form, number of shares applied for and Bank Branch where the application had been lodged and payment details at the address of the Registrar given below:

SHAREPRO SERVICES (INDIA) PRIVATE LIMITED
13AB, Samhita Warehousing Complex, Sakinaka Telephone Exchange Lane,
Off Andheri Kuria Road, Sakinaka, Andheri (East),
Mumbai - 400 072, Maharashtra
Tel No: +91 - 22 - 6191 5402/5404; Fax No: +91 - 22 - 6191 5444
Website: www.shareproservices.com; Email: sme.ipo@shareproservices.com
SEBI Registration No: INR000001476; Contact Person: Subhash Dhingreja
Email: busicomp@vsnl.com, SEBI Regn No.: INR000001112
Contact Person: Mr. Rajesh Shah

Place : Mumbai
Date : August 28,2013 For VKJ INFRADEVELOPERS LIMITED
On behalf of the Board of Directors
Sd/-
Manoj Kumar
Whole Time Director

VKJ Infradevelopers IPO Basis of Allotment FAQs

The IPO allocation is based on the subscription level and the investor category.

Refer to IPO allotment rules and methods for more details.

See the basis of allotment document above to know how the shares are allocated in VKJ Infradevelopers IPO .

The VKJ Infradevelopers IPO basis of allotment (published above) tells you how shares are allocated to you in VKJ Infradevelopers IPO and category wise demand of IPO share.

Visit the VKJ Infradevelopers IPO allotment status page to check the number of shares allocated to your application.

In VKJ Infradevelopers IPO allotment process, the registrar separates valid and invalid applications. The invalid applications with technical errors are rejected and only valid applications at or above the cut-off price are considered for allotment.

For more information, please refer to IPO Allotment Process and Basis of Allotment.

Check the VKJ Infradevelopers IPO basis of allotment document to know how the shares are allocated in VKJ Infradevelopers IPO.

VKJ Infradevelopers IPO Basis of Allotment

VKJ Infradevelopers IPO Basis of Allotment FAQs

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