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September 28, 2018 - October 5, 2018

B&B Triplewall IPO Basis of Allotment

B&B Triplewall Containers Limited
(CIN: U21015KA2011PLC060106)

Our Company was originally incorporated as "MNM Triplewall Containers Private Limited" at Bangalore, Karnataka on August 23, 2011, as a private limited company under the provisions of the Companies Act, 1956 with the Registrar of Companies, Karnataka, bearing Corporate Identification Number U21015KA2011PTC060106. The name of our Company was changed to B&B Triplewall Containers Private Limited pursuant to Fresh Certificate of Incorporation consequent on change of name dated May 02, 2018. Subsequently, our Company was converted into Public Limited Company pursuant to Shareholders resolution passed at the Extraordinary General Meeting of our Company held on May 14, 2018 and the name of our Company was changed to "B&B Triplewall Containers Limited" and a Fresh Certificate of Incorporation consequent upon conversion of Company to Public Limited dated June 13, 2018 was issued by Registrar of Companies, Karnataka, being Corporate Identification Number U21015KA2011PLC060106.

Registered Office: Sy. No. 263/2/3, Marsur Madivala, Kasaba Hobli Anekal Taluk Bangalore - 562106, Karnataka,
Tel.: +91-080-27827028; Fax: N.A; E-mail: cs@boxandboard.in; Website: www.boxandboard.in;
Contact Person: Ms. Rashi Agrawal, Company Secretary and Compliance Officer
PROMOTERS OF OUR COMPANY: MR. MANISH KUMAR GUPTA, MR. RAVI AGARWAL, MR. ALOK AGARWAL, MR. MANISH BOTHRA, MR. AMIT AGARWAL, MR. SIDHARTH AGARWAL, MR. NISHANT BOTHRA
BASIS OF ALLOTMENT

PUBLIC ISSUE OF 55,53,000 EQUITY SHARES OF RS.10.00 EACH ("EQUITY SHARES") OF B&B TRIPLEWALL CONTAINERS LIMITED ("BBTCL" OR THE "COMPANY") FOR CASH AT A PRICE OF RS. 36.00 PER EQUITY SHARE, INCLUDING A SHARE PREMIUM OF RS. 26.00 PER EQUITY SHARE (THE "ISSUE PRICE"). AGGREGATING RS. 1,999.08 LAKH ("THE ISSUE"), OF WHICH 2,79,000 EQUITY SHARES OF FACE VALUE OF RS. 10.00 EACH FOR CASH AT A PRICE OF RS. 36.00 PER EQUITY SHARE. AGGREGATING RS. 100.44 LAKH WILL BE RESERVED FOR THE MARKET MAKER TO THE ISSUE (THE "MARKETMAKER RESERVATION PORTION"). THE PUBLIC ISSUE LESS MARKET MAKER RESERVATION PORTION I.E. NET ISSUE TO PUBLIC WILL BE 52,74,000 EQUITY SHARES OF FACE VALUE OF RS. 10.00 EACH FOR CASH ATA PRICE OF RS. 36.00 PER EQUITY SHARE. AGGREGATING RS. 1,898.64 LAKH IS HEREINAFTER REFERED TO AS THE "NET ISSUE". THE PUBLIC ISSUE AND THE NET ISSUE WILL CONSTITUTE 27.07% AND 25.71%. RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY.

THE FACE VALUE OF THE EQUITY SHARES IS Rs. 10.00 EACH AND THE ISSUE PRICE IS Rs. 36.00 EACH THE ISSUE PRICE IS 3.6 TIMES OF THE FACE VALUE.
OPENS ON: FRIDAY, SEPTEMBER 28, 2018
CLOSES ON: FRIDAY, OCTOBER 05, 2018
PROPOSED LISTING: MONDAY, OCTOBER 15, 2018*

* Subject to receipt of Listing and Trading Approval from the National Stock Exchange of India Limited.

LISTING: The Equity Shares of our Company offered through this Prospectus are proposed to be listed on the EMERGE Platform of National Stock Exchange of India Limited ("NSE"). In terms of the Chapter XB of the SEBI (ICDR) Regulations. 2009. as amended from time to time. Our Company has received an approval letter dated September 19, 2018 from NSE for using its name in this offer document for listing our shares on the EMERGE Platform of NSE. For the purpose of this issue. EMERGE Platform of National Stock Exchange of India Limited will be the Designated Stock Exchange.

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 387 applications for 57,69,000 Equity Shares (before technical rejections, before bids not banked but after invalid Multiple/Duplicate bids) including Market Making Application of 2,79,000 Equity Shares. The issue was subscribed to the to the extent of 1.04 times as per the application data. The details of the applications received in the issue (before technical rejections but after bids not banked) is as follows:

Detail of the Applications Received (Before Technical Rejection):

CATEGORY NUMBER OF APPLICATIONS % TO TOTAL NUMBER OF EQUITY SHARES % TO TOTAL SUBSCRIPTION TIMES
Retail Individual Investors 239 63.73 7,17,000 12.72 0.27
Other than Retail Individual Investors 134 35.73 46,41,000 82.33 1.76
Market Makers 2 0.53 2,79,000 4.95 1 00
Total 375 100.00 56,37,000 100.00 1.02

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

CATEGORY NUMBER OF APPLICATIONS NUMBER OF EQUITY SHARES
Retail Individual Investors 2 6,000
Other than Retail Individual Investors NIL NIL
Market Makers NIL NIL
Total 2 6,000

After eliminating technical rejected applications, the following tables give us category wise net valid applications:

Category Number of Applications % to Total Reserved Portion (as per Prospectus) Proportionate e-lssue Size (as per Prospectus) Proportionate Issue Size (as per Prospectus) No. of Valid Shares applied % of Total Applied Revised * Subscription (Times)
Retail Individual Investor's 237 63.20 26,37,000 26,37,000 7,11.000* 7,11,000 12.63 0.27
Other than Retail Individual Investor's 134 35.73 26,37,000 26,37,000 45,63,000* 46,41,000 82.42 1.76
Martel Maker 2 0 53 2,79,000 2,79,000 2,79,00 2,79,00 4.95 1.00
Total 373 100.00 55,53,000 55,53,000 55,53,000 56,31,000 100.00 1.01

* includes original reservation of 26,37,000 Equity shares and spill over of the unsubscribed portion from Retail Individual Investors Category of 19,26,000 Equity shares.

ALLOCATION: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - National Stock Exchange of India Limited on October 11, 2018

A. Allocation to Market Maker (After Technical Rejections & Withdrawal): The Basis of Allotment to the Market Maker, at the issue price of Rs. 36.00 per Equity Share, was finalised in consultation with National Stock Exchange of India Limited. The category was subscribed by 1 time. The total number of shares allotted in this category is 2,79,000 Equity shares.

The category wise details of the Basis of Allotment are as under:

No. of Shares Applied for (Category wise) No. Of Applications received % to total Total No. of Equity Shares applied in this category % of total Proportionate Shares Available Allocation per Applicant (Before Rounding Off) Allocation per Applicant (After Rounding Off) Ratio of Allottees Applicant: Ratio 1 Ratio of Allottees Applicant: Ratio 2 Number of Successful applicants (after rounding off) Total No. of Equity Shares allocated/ allotted No. of Shares Surplus/ Deficit
138000 1 50.00 1,38,000 49.46 1,38,000 1,38,000 1,38,000 1 1 1 1,38,000 -
141000 1 50 00 1,41,000 50.54 1,41,000 1,41,000 1,41,000 1 1 1 1,41,000 -
TOTAL 2 100.00 2,79,000 100.00 2,79,000 2,79,000 2,79,000     2 2,79,000 -

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. 36.00 per Equity Share, was finalized in consultation with National Stock Exchange of India Limited. The category was subscribed by 0.27 times i.e. for 7,11,000 Equity Shares Total number of shares allotted in this category is 7,11,000 Equity Shares to 237 successful applicants.

The category wise details of the Basis of Allotment are as under:

No. of Shares Applied for (Category wise) No. of Applications received % to total Total No. of Equity Shares applied in this category % of total Proportionate Shares Available Allocation per Applicant (Before Rounding Off) Allocation per Applicant (After Rounding Off) Ratio of Allottees Applicant: Ratio 1 Ratio of Allottees Applicant: Ratio 2 Number of Successful applicants (after rounding off) Total No. of Equity Shares allocated/ allotted No. of Shares Surplus.* Deficit
3,000 237 100.00 7,11,000 100.00 26,37,000 11,126,58 3,000 1 1 237 7,11,000 (19,26,000)

C. Allocation to Other than Retail Individual Investors (After Technical Rejections & Withdrawal): The Basis of Allotment to Other than Retail Individual Investors, at the issue price of Rs. 36.00 per Equity Share, was finalized in consultation with National Stock Exchange of India Limited. The category was subscribed by 1.02 times i.e for 4,641,000 shares. The total number of shares allotted in this category is 45,63,000 Equity Shares to 134 successful applicants.

No. of Shares Applied for (Category wise) No. of Applications received % to total Total No. of Equity Shares applied in this category % of total Proportionate Shares Available Allocation per Applicant (Before Rounding ON) Allocation per Applicant (After Rounding Off) Ratio of Allottees Applicant: Ratio 1 Ratio of Allottees Applicant: Ratio 2 Number of Successful applicants (after rounding oN) Total No. of Equity Shares allocated/ allotted No. of Shares Surplus/ Deficit
6,000 22 16.42 1,32,000 2.84 1,29,782 5,899.16 3,000 1 1 22 66,000 (63,782)
              3,000 21 22   63,000 63,000
9,000 15 11.19 1,35,000 2.91 1,32,731 8,848.74 6,000 1 1 15 90,000 (42,731)
              3,000 14 15   42,000 42,000
12,000 7 5.22 84,000 1.81 82,588 11,798.32 9,000 1 1 7 63,000 (19,588)
              3,000 6 7   18,000 18,000
15,000 48 35.82 7,20,000 15.51 7,07,899 14,747.90 12,000 1 1 48 5,76,000 (1,31,899)
              3,000 11 12   1,32,000 1,32,000
18,000 1 0.75 18,000 0.39 17,697 17,697.48 18,000 1 1 1 18,000 303
21,000 2 1.49 42,000 0.90 41,294 20,647.06 21,000 1 1 2 42,000 706
24,000 4 2.99 96,000 2.07 94,387 23,596.64 21,000 1 1 4 84,000 (10,387)
              3,000 3 4   9,000 9,000
27,000 2 1.49 54,000 1.16 53,092 26,546.22 27,000 1 1 2 54,000 908
30,000 7 5.22 2,10,000 4.52 2,06,471 29,495.80 27,000 1 1 7 1,89,000 (17,471)
              3,000 6 7   18,000 18,000
36,000 2 1.49 72,000 1.55 70,790 35,394.96 36,000 1 1 2 72,000 1,210
42,000 1 0.75 42,000 0.90 41,294 41,294.12 42,000 1 1 1 42,000 706
48,000 1 0.75 48,000 1.03 47,193 47,193.28 48,000 1 1 1 48,000 807
51,000 2 1.49 1,02,000 2.20 1,00,286 50,142.86 48,000 1 1 2 96,000 (4,286)
              3,000 1 2   3,000 3,000
54,000 1 0.75 54,000 1.16 53,092 53,092.44 54,000 1 1 1 54,000 908
60,000 1 0.75 60,000 1.29 58,992 58,991.60 60,000 1 1 1 60,000 1,008
66,000 1 0.75 66,000 1.42 64,891 64,890.76 66,000 1 1 1 66,000 1,109
69,000 2 1.49 1,38,000 2.97 1,35,681 67,840.34 66,000 1 1 2 1,32,000 (3,681)
              3,000 1 2   3,000 3,000
72,000 2 1.49 1,44,000 3.10 1,41,580 70,789.92 69,000 1 1 2 1,38,000 (3,580)
              3,000 1 2   3,000 3,000
75,000 2 1.49 1,50,000 3.23 1,47,479 73,739.50 72,000 1 1 2 1,44,000 (3,479)
              3,000 1 2   3,000 3,000
1,38,000 4 2.99 5,52,000 11.89 5,42,723 1,35,680.67 1,35,000 1 1 4 5,40,000 (2,723)
              3,000 1 4   3,000 3,000
1,41,000 1 0.75 1,41,000 3.04 1,38,630 1,38,630.25 1,38,000 1 1 1 1,38,000 (630)
1,98,000 1 0.75 1,98,000 4.27 1,94,672 1,94,672.27 1,95.000 1 1 1 1,95,000 328
2,10,000 1 0.75 2,10,000 4.52 2,06,471 2,06,470.59 2,07,000 1 1 1 2,07,000 529
2,19,000 1 0.75 2,19,000 4.72 2,15,319 2,15,319.33 2,16,000 1 1 1 2,16,000 681
2,76,000 1 0.75 2,76,000 5.95 2,71,361 2,71,361.34 2,70,000 1 1 1 2,70,000 (1,361)
2,79,000 1 0.75 2,79,000 6.01 2,74,311 2,74,310.92 2,73,000 1 1 1 2,73,000 (1,311)
3,99,000 1 0.75 3,99,000 8.60 3,92,294 3,92,294.12 3,93,000 1 1 1 3,93,000 706
TOTAL 134 100.00 46,41,000 100.00 45,63,000         134 45,63,000 0

The Board of Directors of the Company at its meeting held on October 11,2018 has approved the Basis of Allocation of Equity Shares as approved by the Designated Stock Exchange viz. National Stock Exchange of India Limited and at a meeting held on October 11, 2018 and has authorized the corporate action for the transfer and allotment of the Equity Shares to various successful applicants.

The CAN-cum-Refund advices and allotment advice and/or notices will be forwarded to the address of the Applicants as registered with the depositories / as filled m the application form on or before October 12, 2018. Further, the instructions to Self Certified Syndicate Banks for unblocking the amount will be processed on or before October 13, 2018 In case the same is not receded 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 EMERGE Platform of National Stock Exchange of India Limited 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 September 19, 2018 ("Prospectus").

INVESTORS PLEASE NOTE

The details of the allotment made would also be hosted on the website of the Registrar to the Issue, Purva Sharegistry India Private Limited at www.purvashare.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

Purva Sharegistry (India) Private Limited
Unit no. 9. ShivShakti Ind. Estt., J.R. Borichamarg,
Opp. Kasturba, Hospital Lane, Lower Paret (E),
Mumbai - 400011, Maharashtra, India
Tel: + 9122-23016761/8261
Facsimile: +91 22 2301 2517
Website: www.purvashare.com
Email: support@purvashare.com/busicomp@gmail.com
Contact Person: Ms. Deepali Dhuri / Ms. Purva Shah
SEBI Registration No: INR000001112
For B&B Triplewall Containers Limited
On behall of the Board of Directors
Date: October 11, 2018 Sd/-
Place: Bangalore Managing Director

B&B Triplewall 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 B&B Triplewall IPO .

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

Visit the B&B Triplewall IPO allotment status page to check the number of shares allocated to your application.

In B&B Triplewall 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 B&B Triplewall IPO basis of allotment document to know how the shares are allocated in B&B Triplewall IPO.