AA Plus Tradelink IPO Basis of Allotment

PUBLIC ISSUE OF 36,00,000 EQUITY SHARES OF FACE VALUE OF Rs. 10.00 EACH OF AA PLUS TRADELINK LIMITED ("OUR COMPANY" OR "THE ISSUER") FOR CASH AT A PRICE OF Rs. 18.00 PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF Rs. 8.00 PER EQUITY SHARE) ("ISSUE PRICE") AGGREGATING TO Rs. 648.00 LAKHS ("THE ISSUE") OF THE ISSUE, 1,92,000 EQUITY SHARES AGGREGATING TO Rs. 34.56 LAKHS WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER ("MARKET MAKER RESERVATION PORTION"). THE ISSUE LESS THE MARKET MAKER RESERVATION PORTION I.E. ISSUE OF 34,08,000 EQUITY SHARES OF FACE VALUE OF Rs.10.00 EACH AT AN ISSUE PRICE OF Rs. 18.00 PER EQUITY SHARE AGGREGATING TO Rs. 613.44 LAKHS IS HEREINAFTER REFERRED TO AS THE "NET ISSUE". THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 44.09% AND 41.74%, RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY. FOR FURTHER DETAILS, SEE "TERMS OF THE ISSUE" ON PAGE 136 OF THE PROSPECTUS.

As per Regulation 253(2) of the SEBI (ICDR) Regulations, as amended, as present issue is a fixed price offer the allocation in the net offer to the public category shall made as follows:

a) Minimum fifty percent to retail individual investors; and

b) Remaining to:

i. Other investors including corporate bodies or institutions, irrespective of the number of specified securities applied for:

Provided that the unsubscribed portion in either of the categories specified in (a) or (b) above may be allocated to the applicants in the other category.

II the retail individual investor category is entitled to more than fifty per cent on proportionate basis, accordingly the retail individual investors shall be allocated that higher percentage.

The Equity Shares offered through the Prospectus are proposed to be listed on the SME Platform of BSE Limited ("BSE") in terms of the Chapter IX of the SEBI (ICDR) Regulations, as amended from time to time. Our Company has received an approval letter dated January 1, 2021 from BSE Limited ("BSE") for using its name in the Offer Document for listing of our 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 on or about THURSDAY, JULY 22, 2021*.

*Subject to the receipt of listing and trading approval from the BSE SME Platform.

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"). Further, for Retail Individual Investors (individual Investors biding for amount upto Rs. 2 Lacs) use of UPI Id in Application Form was allowed while applying for equity IPOs through Designated Intermediaries (Syndicate members, Registered Stock Brokers, Registrar and Transfer agent and Depository Participants). All Other Category of Investors shall mandatorily use only Application Supported by Blocked Amount (ASBA) facility for making payments.

SUBSCRIPTION DETAILS

The Issue has received 738 applications (after removing applications not banked) for 63.36.000 Equity Shares resulting in 1 76 times subscription (including reserved portion of Market Maker). The details of the applications received in the Issue (before technical rejections) are as follows.

Detail of the Applications Received (Before Technical Rejection)

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

Technical rejection / Withdrawal

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

*In view of the explanation provided under regulations 253 (2) of the SEBI (ICDR) Regulation. 2018. the Retail Individual Applicants have applied for 93.41% and Other Applicants applied for 6.59% of the Net Issue respectively; accordingly, the allocation has been derived different categories. Further, owing to rounding off, an additional shares has been proportioned to be allotted in retail investors.

Allocation: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - BSE on July 16, 2021,

A. Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the issue price of Rs. 18/- per Equity Share, was finalized in consultation with BSE. The category was subscribed by 1.00 times. The total number of shares allotted in this category is 1,92,000 Equity Shares.

B Allocation to Retail Individual Applicants (After Technical Rejections): The Basis of Allotment to the Retail Individual Applicants, at the issue price of Rs. 18/- per Equity Share, was finalized in consultation with BSE. The category was subscribed 1.71 times. The total number of shares allotted in this category is 31,84,000 Equity Shares to 398 successful applicants.

C. Allocation to Other Applicants (After Technical Rejections): The Basis of Allotment to the Other Applicants, at the issue price of 118/- per Equity Share, was finalized in consultation with BSE. The category was subscribed 1.71 times. The total number of shares allotted in this category is 2,24,000 Equity Shares.

The Category-wise details of the Basis of Allotment are as under:

The Board of Directors of the Company at its meeting held on July 16, 2021 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz BSE and has authorized the corporate action for the transfer of the Equity Shares to various successful applicants The Refund/allotment intimation will be dispatched to the address of the Applicants as registered with the depositories on or about July 20, 2021. Further, the instructions to Self Certified Syndicate Banks for unblocking the amount will be processed on or prior to July 19, 2021. In case the same is not received within ten days, investors may contact Registrar at the address given below.

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 SME Platform of BSE Limited within six 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 June 30, 2021 ("Prospectus").

INVESTORS PLEASE NOTE

The details of the allotment made would also be hosted on the website of the Registrar to the Issue PURVA SHAREGISTRY (INDIA) PRIVATE LIMITED at www.purvashare.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:

	PURVA SHAREGISTRY (INDIA) PRIVATE LIMITED
	9, Shrv Shakti Industrial Estate, J. R. Boricha Marg, Opp Kasturba Hospital Lane,
	Lower Parel (E), Mumbai - 400011, Maharashtra
	Tel No.: +91 22 2301 2518/8261
	Email: support@purvashare.com
	Investor Grievance Email: support@purvashare.com
	Website: www.purvashare.com
	SEBI Registration No: INR000001112
	Contact Person: Deepali Dhuri, Compliance Officer

THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE EQUITY SHARE ON LISTING OR THE BUSINESS PROSPECTS OF AA PLUS TRADELINK LIMITED.