AB Infrabuild IPO Basis of Allotment

Our Company was incorporated as 'AB Infrabuild Private Limited' at Mumbai on March 16, 2011, under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated March 16, 2011 issued by the Registrar of Companies. Mumbai. Subsequently, the name of our company was changed to 'A B Infrabuild Limited' on June 20, 2018 and a fresh Certificate of Incorporation consequent upon change of name was issued by the Registrar of Companies, Mumbai.

PUBLIC ISSUE OF 44.28.000 EQUITY SHARES OF FACE VALUE OF RS. 10 EACH OF A B INFRABUILD LIMITED ("ABINFRA" OR THE "COMPANY" OR THE "ISSUER") FOR CASH AT A PRICE OF RS. 29 PER EQUITY SHARE INCLUDING A SHARE PREMIUM OF l 19 PER EQUITY SHARE (THE "ISSUE PRICE") AGGREGATING TO RS. 1284.12 LAKHS ("THE ISSUE"), OF WHICH 2,24,000 EQUITY SHARES OF FACE VALUE OF RS. 10 EACH FOR CASH AT A PRICE OF RS. 29 PER EQUITY SHARE INCLUDING A SHARE PREMIUM OF RS. 19 PER EQUITY SHARE AGGREGATING TO RS. 64.96 LAKHS RESERVED FOR SUBSCRIPTION BY MARKET MAKER TO THE ISSUE (THE "MARKET MAKER RESERVATION PORTION"). THE ISSUE LESS THE MARKET MAKER RESERVATION PORTION I.E. NET ISSUE OF 42,04,000 EQUITY SHARES OF FACE VALUE OF RS. 10 EACH AT A PRICE OF T 29 PER EQUITY SHARE INCLUDING A SHARE PREMIUM OF RS. 19 PER EQUITY SHARE AGGREGATING TO RS. 1219.16 LAKHS IS HEREIN AFTER REFERRED TO AS THE "NET ISSUE". THE ISSUE AND THE NET ISSUE CONSTITUTED 34.95% AND 33.18% RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF THE COMPANY.

PROSPECTUS LISTED: FRIDAY, JULY 12, 2019*

The Equity Shares offered through the Prospectus are proposed to be listed on the SME Platform of National Stock Exchange of India Limited ("NSE EMERGE") 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 September 06, 2018 from National Stock Exchange of India Limited ("NSE") for using its name in the Offer Document for listing of our shares on the SME Platform of "NSE". For the purpose of this Issue, "NSE" is the Designated Stock Exchange. The trading is proposed to be commenced on or about Friday, July 12, 2019*.

*Subject to the receipt of listing and trading approval from the National Stock Exchange of India 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 where blocked by Self Certified Syndicate Banks (the "SCSBs"). Further, pursuant to SEBI Circular No. SEBI/HO/CFD/DIL2/CIR/P/2018/138 dated November 01, 2018, Retail Individual Investors applying in public issue were required to use either Application Supported by Blocked Amount (ASBA) facility for making application or also can use UPI (Unified Payment Interface) as a payment mechanism with Application Supported by Blocked Amount for making application. For details in this regards, specific attention are invited to the chapter titled "Issue Procedure" beginning on page 175 of the Prospectus.

SUBSCRIPTION DETAILS

The Issue has received 405 applications (after removing applications not banked) for 3284000 Equity Shares resulting in 0.742 time 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:

*The under subscribed portion of 6,16,000 Equity shares from Retail Investors Category have been spitted over to Non Retail Investors Category.

Allocation: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - NSE on July 09, 2019.

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

C. Allocation to Other than Retail Individual Investors (After Technical Rejections):

The Basis of Allotment to the Non Retail Investors, at the issue price of Rs. 29 per Equity Share, was finalized in consultation with NSE. The category was subscribed 0.737 time. The total number of shares allotted in this category is 15,48,000 Equity Shares.

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

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 09, 2019 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz. NSE and has authorized the corporate action for the transfer of the Equity Shares to various successful applicants.

The Refund/allotment intimation is being dispatched to the address of the Applicants as registered with the depositories on or about July 10, 2019. Further, the instructions to Self Certified Syndicate Banks for unblocking the amount is being processed on or prior to July 11, 2019. 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 "NSE EMERGE".

Note: All capitalized terms used and not defined herein shall have the respective meaning assigned to them in the Prospectus dated June 18, 2019 ("Prospectus").

INVESTORS PLEASE NOTE

The details of the allotment made would also be hosted on the website of the Registrar to the Issue BIGSHARE SERVICES PRIVATE LIMITED at www.bigshareonline.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:

	BIGSHARE SERVICES PRIVATE LIMITED
	1st floor, Bharat Tin Works Building, Opp. Vasant Oasis, Makwana Road, Marol, Andheri (East), Mumbai - 400 059, Maharashtra, India
	Tel: +91 22 2847 0652/4043 0200 | Fax: +91 22 6263 8299 | E-mail: ipo@bigshareonline.com
	Website: www.bigshareonline.com | Contact Person: Mr. Ashok S. Shetty | SEBI Registration No.: INR000001385