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October 15, 2013 - October 18, 2013

Amrapali Capital IPO Basis of Allotment

AMRAPALI CAPITAL AND FINANCE SERVICES LIMITED

Our Company was originally incorporated h Ahrnedabad as 'Amrapali Capilal and Finance Services Limited' on 20lh May. 1994 under the Companies Act, 1956 vide Certficate of Incorporation issued by the Registrar ot Companies, Gujarat. Dadra and Nagar Haveli For further details of our Company, please reflet to the chapters titled 'General Information' and 'History and Certian Corporate Mailer' beginning on page 33 and 84 respectively, of the Prospectus.

Registered Office; Shop No.3 Ground Floor. Ashoka Complex. B/h Woodland Hotel. Naroli Cross Road. Silvasa. Dadra Nagar Haveli 396230.;
Corporate Office: 19/20/21, Third Floor, Narayan Chambers. Ashram Road, Ahmedabad - 330009.
Tel: 91 -719-2B575105-06 Fax No.; 91-79-26584313 Email: grievance5@amrapali.com. Website: www.amrapali.com
Company Secretory : Ms. Rashmi Auhuja Contacl Person & Compliance Officer; Mr, Nirav Basheri
PROMOTERS OF THE COMPANY Mr. Chirag Thakkar and Mr. Monal Thakkar

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 25,77,600 EQUITY SHARES OF RS 10 EACH ('EQUITY SHARES') OF AMRAPALI CAPITAL AND FINANCE SERVICES LIMITED  THE 'COMPANY' OR THE 'ISSUER') FOR CASH AT A PRICE OF 100 PER EQUITY SHARE {THE 'ISSUE PRICE'), INCLUDING A SHARE PREMIUM OF RS 90 PER EQUITY SHARE, AGGREGATING RS 2577.60 LACS ('THE ISSUE'), OF WHICH 1,29,600 EQUITY SHARES QF   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 24,48,000 EQUITY SHARES OF RS 10 EACH FOR CASH AT A PRICE OF RS 100 PER EQUITY SHARE AGGREGATING  RS 2448.00 LACS IS HEREINAFTER REFEREOTO AS THE 'NET ISSUE'. THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 26.36% AND 25.03% RESPECTIVELY OF THE FULLY DILUTED POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY.

This being a Fixed Price Issue and in terms of Prospedus daled 9th October, 2013 and as per Regulation 43 (4) of SEBI (ICOR) Regulations, 2009 wherein a Minimum of 50 % of the Nat Offer to Public shal be made avaiabls 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 relail individual investor is entitled to more than fifty percent, on proportionate basis, the retail individual investors shall be allocated thai higher percentage.

THE FACE VALUE OF THE EQUITY SHARES IS RS.10/- EACH AND THE ISSUE PRICE IS RS. 100 EACH. THE ISSUE PRICE IS 10.00 TIMES OF THE FACE VALUE. ISSUE OPENED ON OCTOBER 15,2013 AND CLOSED ON OCTOBER 18,2013.

PROPOSED LISTING

The Equity Shares offered through the Prospectus are proposed to be listed on the SME platform of BSE Limited ('BSE') in, terns of the chapter XB of the SEBI (ICDR) Regulations, 2009 as amended from time to time, We are not required to obtain an in-prnciple approval of the shares being offered in this Issue. However Our Company has received an approval letter dated 20TH SEPTEMBER. 2013 from BSE for using its. name in the offer document for listing of our Equriy Shares on tne SME platform of BSE. The designated stock exchange is BSE Limited. The tradhg is proposed to be commenced on or before November 01,2013*

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

All Applicant 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 py Self Certified Syndicate Banks (the 'SCSBs').

SUBSCRIPTION DETAILS

The Issue has recived 1397 applications for 34,94.400 Equity Shares (including Market Maker Application of 1,29,600 Equity Shares) resulting 1.3556 times subscription. After considering, cheque return cases of 9 applications of 10800 Equity Shares, the Issue was subscribed 1.3515 times. The details of the applications received in the Issue (before technical rejections) are as follows:

Detail of the Applications Received (Before Technical Rejection and withdrawal of application);

CATEGORY NUM BER OF
APPLICATIONS
NUMBER OF
EQUITY SHARE
SUBSCRIPTION
Market Makers 1 129600 1.00
Other than Retail Individual Investor's 20 1713600 1.40
Retail Individual  investor's 1367 16404O0 1.34
TOTAL 1338 3483600 1.35

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

CATEGORY NU MDER OF
APPLICATIONS
NUMBER OF
EQUITY SHARES
Market Makers Nil Nil
Other than Retail Individual Investor's Nil Nil
Retail Individual  investor's 23 27600
TOTAL 23 27600

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

CATEGORY NUMBER OF
APPLICATIONS
NUMBER OF
EQUITY SHARES
SUBSCRIPTION
Market Makers 1 129600 1.000
Other than Retail Individual Investor's 20 1713600 1.4000
Other than Retail Individual Investor's 1344 1612800 1.3176
TOTAL 1365 3456000 1.3407

In the event of over subscription, the allotment  will be made on proportionate basis in the marketable lots. There was over subscription of 3,88,800 equity shares in retail category and an over subscription, of 4,89,600 equity shares in non-retail category.

ALLOCATION: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - BSE Limited on 25th October. 2013.

A. Allocation to Market Maker (After Technical Rejections  & Withdrawal); The Basis of Allotment to the Market Maker, at the issue price of Rs.100/- per Equity Share, was finalised in consultation with BSE. The category was subscribed by 1.00 times. Tha total number of shares allotted n this category is 1,29,600 Equity shares in full out of reserved portion of 1,29,600 Equity Shares.

B. Allocation to Retail Individual Investors (After Technical Rejections   & Withdrawal): The Basis ofAllotmem to the Retail Individual Investors, at the Issue price of Rs, 100/- per Equity Share, was finalized in consultation with BSE. The category was subscribed by 1.3176 times. Total number of shares allotted in this category is 12,24,000 Equity Shares The category wise details of the basis of allotmenl are as under

No. of Shares Applied for (Category wise) No. Of Applications % to
Total
Total No. of Equity Shares applied % to
Total
Proportionate Shares Available Allocation per Applicant Ratio of Allottees to The Applicants Total No. of Equity Shares allotted Surplus/ Deficit
1200 1344 100 1612800 100 1224000 1200 63:83 1224000
TOTAL 1344 100 1612800 100 1224000 1200 63:83 1224000

C. Allocation to Non Retail Investors (After Technical Rejections & Withdrawal): The Basis of Allolment to the Non Retail Investors, at the issue price of Rs. 100/- per Equity Share, was finalized in consultation with BSE. The category was subscribed by 1.40 times. Total number of shares allotted in Ihis category is 1224000 Equity Shares including additional Equiiy Shares for the purpose of rounding off to the nearest multiple of 1200 Equity Shares (Lot Size). The category wise basis of allotment is as under:

No. of Shares Applied for (Category wise) Number Of applications received % to
Total
Total No. of Shares applied in each category % to
Total
Proportionate Shares Available Allocation per Applicant (Before Rounding off) Allocation per Applicant (after Rounding off) Ratio of Allottees to The Applicants Total No. of Equity Shares allocated/allotted % to
Total
No.of Shares Surplus/ Deficit
2400 2 10.00 4800 0.28 3423 1714.29 1200 2400 0 20 -1028
(Lottery System- Serial Nurmher OF Qualifying Applicant Is2) 1200 1200 1:2 1200 0.09 1200
3600 1 5.00 3600 0.21 2571 2571.43 2400 Firm 2400 0.20 -171
6000 2 10.00 12000 0.70 8571 4265.71 4800 Firm 9600 0.73 1029
9600 1 5.00 9600 0.56 6857 6857.14 7200 Firm 7200 0.59 343
10800 4 20.00 43200 2.32 30857 7714.29. 7200 28800 2.35 -2057
(Lottery System- Serial Nurmher OF Qualifying Applicant Ism3 and 4) 1200 1200 2:4 2400 0.20 2400
12000 2 10.00 24000 1.40 17143 8571.43 8400 Firm 16800 1.37 -343
19200 2 10.00 38400 2.24 27425 13714.29 13200 Firm 26400 2.16 -1029
30000 1 5.00 30000 1.75 21429 21428.57 21600 Firm 21600 176 171
150000 1 5.00 150000 8.75 107143 107142.86 108800 Firm 106800 3.73 -343
200400 1 5.00 200400 11.70 143143 143142.86 142800 Firm 142800 11.67 -343
298800 1 5.00 298800 17.44 21342 9 213428.57 213600 Firm 213600 17.45 171
399600 1 5.00 399600 23.32 285429 285428.57 285600 Firm 285600 23.33 171
499200 1 5.00 499200 29.13 356571 356571.43 356400 Firm 356400 29.12 -171
Total 20 100.00 1713600 100.00 1224000 12,24,000 100 0

The Board of Directors of the Company at its meeting held on October 29,2013 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 Equiiy 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 depositors/as filled in the application term on or before 31 st October, 2013. Further, the instructions to Self Certified Syndicate Banks being processcc on or prior te 30th October, 2013. In case tha same is not received within 10 days, investors may contact at the address given below. The Equiiy Shares allocated to successful applicants are being credited to their beneficiary account subject to validation of the account details with the depositories concerned. The Company is taking steps to get the Equity Shares admitied for trading on the SME Platform of BSE Limited within Twelve working days from the date of the closure of the Issue.

INVESTORS PLEASE NOTE
The basis of the allotment made would also be hosted on the website of the Registrar to the issue, Satellite Corporate- Services Pvt Ltd at www.satellitecorporate.com, All future correspondence in this regard may kindly be addressed to the registarar to the Issue quoting full name of First / Sole applicants, senal number of the Application Form, numberof shares applied For and Bank Branch where the application had been lodged and payment details at the address of the Registrar given below:

SATELLITE CORPORATE SERVICES PVT LIMITED
B-302 SONY APARTMENT OPP ST JUDE HIGH SCHOOL,
90 FT ROAD. JARIMARI. SAKIMAKA, MUMBAI-400072
Tel No.: +91-22-2852 0461: Fax No.: +91-22-2651 1809
website: www.satellitecorporate.com: E-mall ID: service@satellitecorporate.com
SEBI REGN NO: INROO0003639; Contact Person: Mr Michel Monteiro.

Place: Silvasa
Date : 29th October. 2013
For Amrepali Capital And Finance Services Limited
Chirag Thakkar
Managing Director

Amrapali Capital 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 Amrapali Capital IPO .

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

Visit the Amrapali Capital IPO allotment status page to check the number of shares allocated to your application.

In Amrapali Capital 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 Amrapali Capital IPO basis of allotment document to know how the shares are allocated in Amrapali Capital IPO.