March 12, 2018 - March 16, 2018

Active Clothing IPO Basis of Allotment

ACTIVE CLOTHING CO. LIMITED

(Formerly known as Active Clothing Co Private Limited)
Corporate Identity number U51311PB2002PLC033422

Our Company was incorporated as 'Active Clothing Co Private Limited' under the provisions of the Companies Act, 1956 on 27th February, 2002 bearing 'Corporate Identity Number U51311CH2002PTC24970, issued by Registrar of Companies, Punjab & Chandigarh. Our Company was converted from a Private Limited Company to a Public Limited Company vide fresh Certificate of Incorporation consequent upon conversion to Public Limited Company dated December 29,2017 issued by Registrar of Companies, Punjab & Chandigarh with the Corporate Identity number U51311PB2002PLC033422. For details regarding our incorporation and history, please refer to the chapter titled 'History and Certain other Corporate Matters' beginning on page 128 of this Prospectus.

Registered Office: Plot No. E-225, Phase VIIIB, Industrial Area, Focal Point, Mohali, Punjab, India, 160055.
Tel.: +91-172-4313300; Fax: +91-172-4313333; E-mail: rmehra@activesourcing.org
Website: www.activesourcing.org; Corporate Identity Number: U51311PB2002PLC033422
Contact Person: Ms. Avneet Kaur Bedi, Company Secretary and Compliance Officer, Tel.: +91-172-4313300; E-mail: csco@activesourcing.org

PROMOTERS OF THE COMPANY: MR. RAJESH MEHRA, RAJESH MEHRA (HUF) AND MRS. RENU MEHRA

BASIS OF ALLOTMENT

INITIAL PUBLIC ISSUE OF 40,86,000 EQUITY SHARES OF FACE VALUE OF RS 10/- EACH OF ACTIVE CLOTHING CO LIMITED ('ACCL' OR THE 'COMPANY' OR THE 'ISSUER') FOR CASH AT A PRICE OF RS 65 PER EQUITY SHARE INCLUDING SHARE PREMIUM OF RS 55 PER EQUITY SHARE (THE 'ISSUE PRICE') AGGREGATING TO RS 2655.90 LACS ('THE ISSUE'), OF WHICH 2,06,000 EQUITY SHARES OF FACE VALUE OF RS 10 EACH WILL FOR CASH AT A PRICE OF RS 65 PER EQUITY SHARE INCLUDING A SHARE PREMIUM OF RS 55 PER EQUITY SHARE AGGREGATING TO RS 133.90 LACS WILL BE 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 38,80,000 EQUITY SHARES OF FACE VALUE OF RS 10 EACH AT A PRICE OF RS 65 PER EQUITY SHARE AGGREGATING TO RS 2522.00 LACS IS HEREIN AFTER REFERRED TO AS THE 'NET ISSUE'. THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 26.34% AND 25.01 %, RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY.

THIS ISSUE IS BEING MADE IN ACCORDANCE WITH CHAPTER XB OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2009, (THE 'SEBI ICDR REGULATIONS'). AS AMENDED. FOR FURTHER DETAILS, PLEASE REFER TO SECTION TITLED 'ISSUE INFORMATION' BEGINNING ON PAGE 224 OF THIS PROSPECTUS.

THE FACE VALUE OF THE EQUITY SHARE IS RS 10.00 AND THE ISSUE PRICE IS 6.5 TIMES OF THE FACE VALUE.
ISSUE OPENED ON MONDAY, MARCH 12,2018 AND CLOSED ON FRIDAY, MARCH 16,2018. PROPOSED LISTING: MONDAY, MARCH 26,2018

The Equity Shares of our Company 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, Our Company has received an in principle approval letter dated February 19,2018, from BSE for using its name in this offer document for listing our shares on the SME Platform of BSE Limited. For the purpose of this Issue, BSE Limited will be the Designated Stock Exchange. The trading is proposed to be commenced on or about March 26,2018. Subjectto receipt of listing and trading approvals from the BSE Limited. All Applicants were allowed to participate in the Issue through Application Supported by Blocked Amount ('ASBA') process by providing the details of the respective bank accounts in which the corresponding application amounts were blocked by Self Certified Syndicate Banks (the 'SCSBs')

SUBSCRIPTION DETAILS.

The Issue has received 438 applications for 41,94,000 Equity Shares resulting in 1.03 times subscription (including reserved portion of market maker).
The details of the applications received in the Issue (before technical rejections and withdrawals) are as follows:

Category	No. of Applications	No. of Equity Shares
Market Maker	1	2,06,000
Non - Retail Investors	55	32,24,000
Retail Individual Investors	382	7,64,000
Total	438	41,94,000

i. There were 44 applications for 3,62,000 Equity shares where bid is registered as per the electronic book made available to the Registrars by BSE for which no amount has been blocked by ASBA & Syndicate ASBA. All the above applications were not considered for allotment and not included in the above table.
ii. There were 2 applications for 4,000 Equity shares where bid is not registered as per the electronic book made available to the Registrars by BSE for which amount has been blocked by Syndicate ASBA. All the above applications were not considered for allotment and not included in the above table.
The details of the applications rejected by Registrar on technical grounds are detailed below:

Category	No. of Applications	No. of Equity Shares
Market Maker	0	0
Non - Retail Investors	1	6,000
Retail Individual Investors	12	24,000
Total	13	30,000

The details of the applications received in the Issue (After technical rejections and withdrawals) are as follows:

Category	No. of Applications	No. of Equity Shares
Market Maker	1	2,06,000
Non - Retail Investors	54	32,18,000
Retail Individual Investors	370	7,40,000
Total	425	41,64,000

ALLOCATION: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - BSE Limited on March 21,2018
A. Allocation to Market Maker (After Technical Rejections & Withdrawals): The Basis of Allotment to the Market Maker, at the Issue price of Rs 65 per Equity Share, was finalised in consultation with BSE Limited. The category was subscribed by 1.00 times. The total number of shares allotted in this category is 2,06,000 Equity shares.
The category wise details of the Basis of Allotment are as under:

Shares applied for (Category wise)	No. of Applications received	% to total	Total No. of Shares applied in each category	% to total	Proportionate Shares Available	Allocation per Applicant		Ratio of Allottees to Applicants	Total No. of Shares Allocated/ Allotted	Surplus/ Deficit
Shares applied for (Category wise)	No. of Applications received	% to total	Total No. of Shares applied in each category	% to total	Proportionate Shares Available	Before Rounding Off	After Rounding Off	Ratio of Allottees to Applicants	Total No. of Shares Allocated/ Allotted	Surplus/ Deficit
2,06,000	1	100	2,06,000	100	2,06,000	2,06,000	2,06,000	1:1	2,06,000	0
TOTAL	1	100	2,06,000	100	2,06,000				2,06,000	0

B. Allocation to Retail Individual Investors (After Technical Rejections & Withdrawals): The Basis of Allotment to the Retail Individual Investors, at the Issue price of Rs 65 per Equity Share, was finalized in consultation with BSE Limited. The category was subscribed by 0.381 times i.e. for 7,40,000 Equity Shares. Total number of shares allotted in this category is 7,40,000 Equity Shares to 370 successful applicants.
The category wise details of the Basis of Allotment are as under:

Shares applied for (Category wise)	No.of Applications received	% to total	Total No. of Shares applied in each category	% to total	Proportionate Shares Available	Allocation per Applicant		Ratio of Allottees to Applicants	Total No. of Shares Allocated/ Allotted	Surplus/ Deficit
Shares applied for (Category wise)	No.of Applications received	% to total	Total No. of Shares applied in each category	% to total	Proportionate Shares Available	Before Rounding Off	After Rounding Off	Ratio of Allottees to Applicants	Total No. of Shares Allocated/ Allotted	Surplus/ Deficit
2,000	370	100	7,40,000	100	19,40,000	2,000	2,000	1:1	7,40,000	-12,00,000
TOTAL	370	100	7,40,000	100	19,40,000				7,40,000	-12,00,000

C. Allocation to Other than Retail Individual Investors (After Technical Rejections & Withdrawals): The Basis of Allotment to Other than Retail Individual Investors, at the Issue price of Rs 65 per Equity Share, was finalized in consultation with BSE Limited. The category was subscribed by 1.658 times and 1.024 times after spill over from Retail Investors Category i.e. for 32,18,000 shares the total number of shares allotted in this category is 31,40,000 Equity Shares to 54 successful applicants.
The category wise details of the Basis of Allotment are as under:

Shares applied for (Category wise)	No. of Applications received	% to total	Total No. of Shares applied in each category	% to total	Proportionate Shares Available	Allocation per Applicant		Ratio of Allottees to Applicants	Total No. of Shares Allocated/ Allotted	Surplus/ Deficit
Shares applied for (Category wise)	No. of Applications received	% to total	Total No. of Shares applied in each category	% to total	Proportionate Shares Available	Before Rounding Off	After Rounding Off	Ratio of Allottees to Applicants	Total No. of Shares Allocated/ Allotted	Surplus/ Deficit
4,000	19	35.19	76,000	2.36	74,158	3,903.05	2,000	1:1	38,000	-36,158
4,000							2,000	18:19	36,000	36,000
6,000	4	7.41	24,000	0.75	23,418	5,854.57	6,000	1:1	24,000	582
10,000	6	11.11	60,000	1.86	58,546	9,757.61	8,000	1:1	48,000	-10,546
10,000							2,000	5:6	10,000	10,000
12,000	1	1.85	12,000	0.37	11,709	11,709.14	12,000	1:1	12,000	291
14,000	1	1.85	14,000	0.44	13,661	13,660.66	14,000	1:1	14,000	339
16,000	1	1.85	16,000	0.50	15,612	15,612.18	16,000	1:1	16,000	388
20,000	3	5.56	60,000	1.86	58,546	19,515.23	18,000	1:1	54,000	-4,546
20,000							2,000	2:3	4,000	4,000
22,000	1	1.85	22,000	0.68	21,467	21,466.75	22,000	1:1	22,000	533
36,000	1	1.85	36,000	1.12	35,127	35,127.41	36,000	1:1	36,000	873
38,000	1	1.85	38,000	1.18	37,079	37,078.93	38,000	1:1	38,000	921
40,000	1	1.85	40,000	1.24	39,030	39,030.45	40,000	1:1	40,000	970
44,000	1	1.85	44,000	1.37	42,933	42,933.50	44,000	1:1	44,000	1,067
52,000	1	1.85	52,000	1.62	50,740	50,739.59	50,000	1:1	50,000	-740
76,000	2	3.70	1,52,000	4.72	1,48,316	74,157.86	74,000	1:1	1,48,000	-316
1,50,000	2	3.70	3,00,000	9.32	2,92,728	1,46,364.20	1,46,000	1:1	2,92,000	-728
1,52,000	1	1.85	1,52,000	4.72	1,48,316	1,48,315.72	1,48,000	1:1	1,48,000	-316
1,54,000	2	3.70	3,08,000	9.57	3,00,534	50,267.25	1,50,000	1:1	3,00,000	-534
1,92,000	1	1.85	1,92,000	5.97	1,87,346	1,87,346.18	1,88,000	1:1	1,88,000	654
2,32,000	2	3.70	4,64,000	14.42	4,52,753	2,26,376.63	2,26,000	1:1	4,52,000	-753
3,06,000	1	1.85	3,06,000	9.51	2,98,583	2,98,582.97	2,98,000	1:1	2,98,000	-583
3,86,000	1	1.85	3,86,000	12.00	3,76,644	3,76,643.88	3,76,000	1:1	3,76,000	-644
4,64,000	1	1.85	4,64,000	14.42	4,52,754	4,52,753.26	4,52,000	1:1	4,52,000	-754
TOTAL	54	100.00	32,18,000	100.00	31,40,000				31,40,000	0

The Board of Directors of the Company at its meeting held on March 22,2018 has approved the Basis of Allocation of Equity Shares as 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 advices and allotment advice and/or notices will forwarded to the email id's and address of the Applicants as registered with the depositories / as filled in the application form on or before March 23,2018. Further, the instructions to Self Certified Syndicate Banks for unblocking the amount have been issued on March 22,2018 In case the same is not received within 10 days, investors may contact 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 the SME Platform of BSE Limited (BSE) 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 meanings assigned to them in the Prospectus dated February 26,2018 ('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 Pvt. Ltd at www.bigshareonline.com. All futur ecorrespondence 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 PVT. LTD.
Address: 1st Floor, BharatTin Works Building,
Opp. Vasant Oasis Apartments (Next to Keys Hotel),
Marol Maroshi Road, Andheri (East), Mumbai - 400059.
Tel: +9122 6263 8200; Fax:+91 22 6263 8299
Email: ipo@bigshareonline.com; Website: http://www.bigshareonline.com
SEBI Registration No.: INR000001385; Contact Person: Mr. AshokShetty

Date: 22.03.2018 Place: Mohali	For Active Clothing Co Ltd On behalf of the Board of Directors Sd/- Rajesh Mehra Managing Director DIN:00026176

Active Clothing 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 Active Clothing IPO .

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

Visit the Active Clothing IPO allotment status page to check the number of shares allocated to your application.

In Active Clothing 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 Active Clothing IPO basis of allotment document to know how the shares are allocated in Active Clothing IPO.

Active Clothing IPO Basis of Allotment

Active Clothing IPO Basis of Allotment FAQs

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