September 25, 2014 - September 29, 2014

Atishay Infotech IPO Basis of Allotment

ATISHAY INFOTECH LIMITED

Our Company was incorporated on March 30, 2000, as 'Atishay Infotech Private Limited' under the provisions of the Companies Act, 1956 with the Registr of Companies, Madhya Pradesh, Gwalior. Subsequently, the registered office of our Company was shifted to Mumbai, Maharashtra with effect from March 30, 2009 ar further on February 1, 2013, the name of our Company was changed to 'Atishay Infotech Limited' consequent to conversion of our Company from Private to Publ Limited pursuant to Shareholder's Resolution passed at the Extra Ordinary General Meeting held on February 1, 2013 and a fresh Certificate of Incorporation dat: May 13, 2013 issued by the Registrar of Companies, Maharashtra, Mumbai. For details of the changes in our name and registered office, please see section titled 'Histo and Certain Corporate Matters' on page 97 of the Prospectus.

Registered Office: Office No. 7, 8^th Floor, Navjeevan Society, Building No. 3, Mumbai Central, Mumbai - 400 008, Maharashtra, India
Tel. No.: +91 - 22 - 6666 6618; Email: compliance@atishay.com; Website: www.atishay.com
Head Office/Corporate Office: Plot No. 36, Zone - I, Maharana Pratap Nagar, Bhopal - 462 011, Madhya Pradesh, India; Tel. No.: +91 - 755 - 2558 283;
Fax No.: +91 - 755 - 4229 195; Contact Person: Ms. Iti Tiwari (Company Secretary & Compliance Officer); CIN: U70101MH2000PLC192613

PROMOTERS OF THE COMPANY - MR. AKHILESH JAIN, MRS. REKHA JAIN & MR. ARCHIT JAIN_

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 23,20,000 EQUITY SHARES OF FACE VALUE OF RS. 10.00 EACH ('EQUITY SHARES') OF ATISHAY INFOTECH LIMITED ('OUR COMPANY' OR 'TH ISSUER') FOR CASH AT A PRICE OF RS. 16.00 PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF RS. 6.00 PER EQUITY SHARE) ('ISSUE PRICE') AGREGATIN TO RS. 371.20 LACS (HEREINAFTER REFERRED TO AS 'THE ISSUE'), OF WHICH 1,20,000 EQUITY SHARES OF FACE VALUE OF RS. 10.00 EACH AGGREGATIN TO RS. 19.20 LACS WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER ('MARKET MAKER RESERVATION PORTION'). THE ISSUE LESS THE MARK MAKER RESERVATION PORTION I.E. ISSUE OF 22,00,000 EQUITY SHARES OF FACE VALUE OF RS. 10.00 EACH AT AN ISSUE PRICE OF RS. 16.00 PER EQUITY SHAF AGGREGATING TO RS. 352.00 LACS (HEREINAFTER REFERRED TO AS 'NET ISSUE'). THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 26.41 % AND 25.04^{1! RESPECTIVELY OF THE POST ISSUE PAID UP
EQUITY SHARE CAPITAL OF THE COMPANY.}

THIS ISSUE IS BEING MADE IN TERMS OF CHAPTER XB OF THE SEBI (ICDR) REGULATIONS, 2009, AS AMENDED FROM TIME TO TIME. THIS ISSUE IS A FIXED PRIC ISSUE AND ALLOCATION IN THE NET ISSUE TO THE PUBLIC WILL BE MADE IN TERMS OF REGULATION 43(4) OF THE SEBI (ICDR) REGULATIONS 2009, AS AMENDE FROM TIME TO TIME. FOR FURTHER DETAILS, PLEASE REFER TO THE SECTION TITLED 'ISSUE PROCEDURE' BEGINNING ON PAGE 195 OF THE PROSPECTUS.

THE FACE VALUE OF OUR EQUITY SHARES IS RS. 10/- EACH. THE ISSUE PRICE OF EQUITY SHARES IS RS. 16/- EACH AND
THE ISSUE PRICE IS 1.60 TIMES OF THE FACE VALUE.
ISSUE OPENED ON THURSDAY, SEPTEMBER 25, 2014 AND CLOSED ON MONDAY, SEPTEMBER 29, 2014.

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 (ICDI Regulations, 2009, as amended, we are not required to obtain an in-principle listing approval for the shares being offered in this Issue. However, our Company h received an in-principle approval letter dated September 16, 2014 from BSE for using its name in the Prospectus for listing of our shares on the SME Platform of BS For the purpose of this Issue, the Designated Stock Exchange will be the BSE Limited. The trading is proposed to be commenced on or before October 16, 2014. * Subject to receipt of listing and trading approvals from the BSE 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 were blocked by Self Certified Syndicate Banks (the 'SCSBs').

SUBSCRIPTION DETAILS

The Net Issue has received 320 applications for 35,84,000 Equity Shares (including Market Maker Application of 1,20,000) resulting in 1.50 times subscription. The detai of the applications received in the Net Issue (before and after technical rejections) are as follows:

Detail of the Applications Received

Category	Before Technical Rejection		After Technical Rejection		Valid		Subscription (Time)
Category	No. Of Applications	No. Of Equity Shares	No. Of Applications	No. Of Equity Shares	No. Of Applications	No. Of Equity Shares	Subscription (Time)
Reserved for Market Makers	1	1,20,000	-	-	1	1,20,000	0.05
Retail Individual Investor's	295	23,60,000	7	56,000	288	23,04,000	0.99
Other than Retail Individual Investors	24	11,04,000	3	48,000	21	10,56,000	0.46
Total	320	35,84,000	10	1,04,000	310	34,80,000	1.50

Retail individual investors have subscribed to the extent of 68.5714 % of the total subscription. Hence they were offered 68.5714 % of 22,00,000 shares i.e. 15,12,000 shares (After Rounding off) and as per basis of allotment were allotted 15,12,000 shares. Balance 6,88,000 shares (After Rounding off ) out of 22,00,000 shares were offered to Non retail category and as per basis of allotment they were allotted 6,88,000 shares. Hence total shares allotted are 22,00,000 shares together for Retail & Non-Retail category. The Basis of Allotment was finalised in consultation with the Designated Stock Exchange - BSE Ltd on October 09, 2014.

A) Allocation to Marker Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the issue price of Rs. 16/- 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 1,20,000 Equity Shares. The category-wise details of the Basis of Allotment are as under:

No. of Shares Applied for (Category Wise)	No. of Application Received	% to Total	Total No. of Shares Applied in Each Category	% to Total	Allocation per Applicant	Ratio of Allotees to Applicants	Total No. of Equity Shares Alloted
1,20,000	1	100.00	1,20,000	100.00	1,20,000	1:1	1,20,000
Total	1	100.00	1,20,000	100.00	-	-	1,20,000

B) Allocation to Retail Individual Investors (After Technical Rejections): The Basis of Allotment to the Retail Individual Investors, at the issue price of Rs. 16/- per Equity Share, was finalised in consultation with BSE. The total number of shares allocated in this category is 15,12,000 Equity Shares. The category was subscribed by 1.52 times. The category-wise details of the Basis of Allotment are as under:

No. of Shares Applied for (Category Wise)	No. of Application Received	% to Total	Total No. of Shares Applied in Each Category	% to Total	Allocation per Applicant	Ratio of Allotees to Applicants	Total No. of Equity Shares Alloted
8,000	288	100.00	2,304,000	100.00	8,000	19:29	15,12,000
Total	288	100.00	2,304,000	100.00	-	-	15,12,000

C) Allocation to Non - Retail Category (After Technical Rejections): The Basis of Allotment to the Non - Retail Investors, at the issue price of Rs. 16/- per Equity Share, was finalised in consultation with BSE. The total number of shares allocated in this category is 6,88,000 Equity Shares. The category was subscribed by 1.53 times. The category-wise details of the Basis of Allotment are as under:

No. of Shares Applied for (Category Wise)	No. of Application Received	% to Total	Total No. of Shares Applied in Each Category	% to Total	Allocation per Applicant	Ratio of Allotees to Applicants	Total No. of Equity Shares Alloted
16,000	2	9.52	32,000	3.03	8,000	1:1	16,000
-	-	-	-	-	8,000	1:2	8,000
24,000	6	28.57	1,44,000	13.64	16,000	1:1	96,000
40,000	6	28.57	2,40,000	22.73	24,000	1:1	1,44,000
48,000	4	19.05	1,92,000	18.18	32,000	1:1	1,28,000
56,000	1	4.76	56,000	5.30	40,000	1:1	40,000
72,000	1	4.76	72,000	6.82	48,000	1:1	48,000
3,20,000	1	4.76	3,20,000	30.30	2,08,000	1:1	2,08,000
Total	21	100.00	10,56,000	100.00	-	-	6,88,000

The Board of Directors of the Company at its meeting held on October 10, 2014 has taken on record the Basis of Allotment of Equity Shares, as approved by the Designated Stock Exchange viz. BSE and has authorized the corporate action for the allotment of the Equity Shares to various successful applicants.

The CAN-cum-Refund Advices and allotment advice and/ or notices have been dispatched to the address of the investors as registered with the depositories. The instructions to Self Certified Syndicate Banks have been processed on or before October 10, 2014. In case the same is not received within ten days, investors may contact at the address given below. The Equity Shares allotted to successful applicants have been 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 12 working days from 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 September 17, 2014 ('Prospectus').

INVESTORS PLEASE NOTE

The details of the allotment made has been hosted on the website of the Registrar to the Issue Sharex Dynamic (India) Private Limited at Website: www.sharexindia.com

All future correspondence in this regard may kindly be addressed to the Registrar to the Issue quoting full name of the First/Sole applicant, 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 given below:

SHAREX DYNAMIC (INDIA) PRIVATE LIMITED
Contact Person: Mr. K. C. Ajitkumar
Unit - 1, Luthra Industrial Premises, Safed Pool, Andheri Kurla Road, Andheri (East), Mumbai - 400 072, Maharashtra, India.
Tel: +91 - 22 - 2851 5606 / 44; Fax: +91 - 22 - 2851 2885
Investor Grievance Email: investor@sharexindia.com
Website: www.sharexindia.com

Place : Mumbai
Date : October 13, 2014
For ATISHAY INFOTECH LIMITED
On behalf of Board of Directors
Sd/-
Managing Director

Atishay Infotech 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 Atishay Infotech IPO .

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

Visit the Atishay Infotech IPO allotment status page to check the number of shares allocated to your application.

In Atishay Infotech 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 Atishay Infotech IPO basis of allotment document to know how the shares are allocated in Atishay Infotech IPO.

Atishay Infotech IPO Basis of Allotment

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