Alacrity Securities IPO Basis of Allotment

ALACRITY SECURITIES LIMITED

Our Company was originally incorporated in Mumbai as a Private Limited Company under the name and style of 'Alacrity Securities Private Limited' on December 20,1994 under the previsions of the Companies Act, 1956 as amended from time to time (the 'Companies Act') vide Certificate of Incorporation issued by the Registrar of Companies, Maharashtra, Mumbai. The Company became a Deemed Public Company w.e.f July 1, 1999 under the erstwhile provisions of Section 43-A (1 A) of the Companies Act, 1956. However, the Companies (Amendment) Act, 2000 deleted the provisions of Section 43A and the Management decided to retain the status of the Company as Public Limited and passed a resolution to this effect on 30' June, 2001. Consequently, the name of our Company was changed from 'Alacrity Securities Private Limited' to 'Alacrity Securities Limited'. For further details in relation to the changes to the name of our Company, please refer to the section titled 'Our History and Corporate Structure' beginning on page 70 of the Prospectus.

Registered Office & Corporate Office: 101,1^st Floor, Hari Dharshan, B Wing, Bhogilal Fadia Road, Kandivali (West), Mumbai - 400 067; Tel:+91-22-28073882, Fax: +91-22-28073967, Email: alacritysec@gmail.com;
Website: www.alacritysec.com
Contact Person & Compliance Officer: Ms. Nimrta Jain, Company Secretary & Compliance Officer
PROMOTERS OF THE COMPANY: MS. POOJA HEMANSHU MEHTA

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 60,00,000 EQUITY SHARES OF RS. 10/- EACH ('EQUITY SHARES') OF ALACRITY SECURITIES LIMITED ('ASL' OR THE 'COMPANY' OR THE 'ISSUER') FOR CASH AT A PRICE OF RS. 15/- PER SHARE (THE 'ISSUE PRICE'), AGGREGATING TO RS. 900.00 LACS ('THE ISSUE'), OF WHICH, 4,00,000 EQUITY SHARES OF RS. 10 EACH RESERVED FOR SUBSCRIPTION BY MARKET MAKERS TO THE ISSUE (THE 'MARKET MAKER RESERVATION PORTION'). THE ISSUE LESS THE MARKET MAKER RESERVATION PORTION i.e. ISSUE OF 56,00,000 EQUITY SHARES OF RS. 10 EACH IS REFERRED TO AS THE 'NET ISSUE'. THE ISSUE AND THE NET ISSUE CONSTITUTE 28.57% AND 26.67%, RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF THE COMPANY.

In terms of Prospectus dated 22^nd July, 2013 and as per Regulation 43 (4) of SEBI (ICDR) Regulations, 2009 wherein a minimum of 50 % of the Net Offer to Public shall be made available to shall be initially made available to Retail Individual Investors as the case may be. The balance net offer of shares to the public shall be made available for allotment to a) individual applicants other than retail investors and b) other investors including corporate bodies / institutions irrespective of no. of shares applied for. The unsubscribed portion of the net offer to any one of the categories specified in (a) or (b) shall/may be made available for allocation in any other category, if so required.
Explanation: for the purpose of Regulation 43 (4) of SEBI (ICDR) Regulations, 2009, if the retail individual investor is entitled to more than fifty percent, on proportionate basis, the retail individual investors shall be allocated that higher percentage.

THE FACE VALUE OF THE EQUITY SHARES IS RS. 10/- EACH AND THE ISSUE PRICE IS RS. 15 EACH. THE ISSUE PRICE IS 1.5 (ONE & HALF) TIMES OF THE FACE VALUE. ISSUE OPENED ON 29^TH JULY, 2013 AND CLOSED ON 1^st AUGUST, 2013.

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 XB of the SEBI (ICDR) Regulations, 2009 as amended from time to time, Company is not required to obtain an in-principle approval of the shares being offered in this Issue. However Company has received an approval letter dated 19^th July, 2013 from BSE for using its name in the offer document for listing of our Shares on the SME platform of BSE. The designated stock exchange is 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 358 applications for 78,64,000 Equity Shares (Including Market Maker Application of 4,00,000 Equity Shares) resulting 1.311 times subscription. After considering, cheque return cases of 2 applications of 16,000 Equity Shares, the Issue was subscribed 1.308 times. The details of the applications received in the Issue (before technical rejections) are as follows:

Detail of the Applications Received (Before Technical Rejection & withdrawal of application):

The details of applications rejected by the Registrar on technical grounds (Including withdrawals) are detailed below:

Detail of the Applications Received (After Technical Rejection & withdrawal):

ALLOCATION: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - BSE Limited on 8^th August, 2013.

A. Allocation to Market Maker (After Technical Rejections & Withdrawal): The Basis of Allotment to the Market Maker, at the issue price of Rs. 15/- 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 4,00,000 Equity shares in full out of reserved portion of 4,00,000 Equity Shares.

B. Allocation to Retail Individual Investors (After Technical Rejections & Withdrawal): The Basis of Allotment to the Retail Individual Investors, at the issue price of Rs.151- per Equity Share, was finalized in consultation with BSE

C. Allocation to Non Retail Investors (After Technical Rejections & Withdrawal): The Basis of Allotment to the Non Retail Investors, at the issue price of Rs. 15/- per Equity Share, was finalized in consultation with BSE. The category was subscribed by 1.68 times. Total number of shares allotted in this category is 37,36,000 Equity Shares including additional 80,000 Equity Shares for the purpose of rounding off to the nearest multiple of 8,000 Equity Shares (Lot Size) and spill over of 8,56,000 Equity Shares from retail category. The category wise basis of allotment is as under:

The Board of Directors of the Company at its meeting held on 9^th August, 2013 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 / dispatch of share certificates 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 / as filled in the application form on or before 12^th August, 2013. Further, the instructions to Self Certified Syndicate Banks being processed on or prior to 12^th August, 2013. 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 within Twelve working days from the date of the closure of the Issue. The trading is proposed to be commenced on or before 16^th August, 2013 subject to receipt of listing and trading approvals from BSE Limited.

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
E/2, Ansa Industrial Estate, Sakivihar Road, Sakinaka, Andheri (E), Mumbai - 400 072
Tel: +91 022 4043 0200, Fax: +91 022 2847 5207
Website: www.bigshareonline.com; E-mail: ipo@bigshareonline.com