Bharatiya Global Infomedia IPO Basis of Allotment

(This is only an advertisement for information purpose not for publication or distribution, directly or indirectly outside India, and not a prospectus announcement)

(Our Company was originally incorporated as Bhartiya Global Financial & Allied Services Limited vide Certificate of Incorporation dated November 24, 1994 issued by the Registrar of Companies, NCT of Delhi & Haryana under the provisions of the Companies Act, 1956 and obtained Certificate for Commencement of Business on January 18, 1995. The name of the Company was changed to Bhartiya Global Software Fintec Limited vide fresh incorporation certificate dated May 3, 1999 issued by the Registrar of Companies, NCT of Delhi & Haryana. The Company further changed its name to Bhartiya Global Software Limited vide fresh incorporation certificate dated June 27, 2001 issued by the Registrar of Companies, NCT of Delhi & Haryana and finally changed its name to Bharatiya Global Infomedia Limited vide fresh Certificate of Incorporation dated November 13, 2003 issued by the Registrar of Companies, NCT of Delhi & Haryana.)

Registered Office: 623, 6th Floor, Devika Tower, 6, Nehru Place, New Delhi-110 019 Tel.: +91-11-40765562; Fax: +91-11-41377519; (For details of change in our Registered Office, please refer to page no. 8 of the Red Herring Prospectus), Corporate Office: B-60, Sector-57, Noida-201301 (Uttar Pradesh), Tel.: +91-120-4227792, Fax: +91-120-4227791, Website: www.bgilinfo.com, Company Secretary and Compliance Officer: Mr. Kumar Pushkar; Email: kumar.pushkar@bgilinfo.com

THE ISSUE PRICE IS 8.2 TIMES OF THE FACE VALUE OF EQUITY SHARES

This Issue is being made through a 100% Book Building Process wherein not more than 50% of the Issue to Public shall be available for allocation on a proportionate basis to Qualified Institutional Buyers ('QIBs'). 5% of the QIB Portion shall be available for allocation on a proportionate basis to Mutual Funds only and the remainder shall be available for allotment on a proportionate basis to QIBs and Mutual Funds, subject to valid bids being received from them at or above the Issue Price. Further, not less than 15% of the Issue to Public shall be available for allocation on a proportionate basis to Non Institutional Bidders and not less than 35% of the Issue to Public shall be available for allocation on a proportionate basis to Retail Individual Bidders, subject to valid bids being received at or above the Issue Price.

The Issue received 5,098 valid applications for 98,90,775 equity shares (after technical rejections, including cheque returns / withdrawals), resulting in 1.47 times subscription. The details of the applications received in the Issue from Qualified Institutional Buyers, Non-Institutional Investors and Retail Individual Investors are as under:

A summary of the final demand as per the Bombay Stock Exchange Limited (BSE) and the National Stock Exchange of India Limited (NSE) as on the Bid/ Issue Closing Date at different bid price is as detailed hereunder:

The Basis of Allocation was finalized in consultation with the Bombay Stock Exchange Limited (BSE), being the Designated Stock Exchange, on July 21, 2011.

A. Allocation to Retail Individual Investors (Including Applications Supported by Blocked Amount ('ASBA')) (After Technical Rejections)

The Basis of Allotment to the Retail Individual Investors, who have bid at cut-off or at the Issue Price of Rs 82/- per Equity Share, was finalized in consultation with BSE. The category was subscribed 1.6059 times, after technical rejections and after considering spill-over from QIB and Non Institutional Investors Category. The total number of shares allotted in Retail Individual Investor category is 52,32,525 Equity Shares to 4,824 applicants which includes the spillover of 23,52,000 unsubscribed equity shares from QIB Category and 5,28,525 unsubscribed equity shares from Non Institutional Investors Category. There were 2,073 applications for 33,32,550 equity shares made under ASBA process by Retail Individual Investors, of which 1,763 applications for 30,13,950 equity shares were found valid and they were considered for allotment. The category-wise details of the Basis of Allocation are as under:

The Basis of Allocation to the Non-Institutional Investors, who have bid at the Issue Price Rs 82/- per Equity Share, was finalized in consultation with BSE. This category has been subscribed to the extent 0.7378 times. The total number of shares alloted in this category is 14,87,475 Equity Shares to 72 successful applicants, which includes the spillover of 10,08,000 equity shares from QIB Category and add back of 5,28,525 undersubscribed equity shares to the Retail Individual Investors category.

The Company did not receive any bid from the QIB category. The under subscribed 33,60,000 equity shares from QIB category have been spilled over to Retail and Non Institutional Investors category in the ratio of 70:30.

The Board of Directors of the Company at its meeting held on July 21, 2011 has taken on record the basis of allocation of equity shares approved by the Designated Stock Exchange and has accordingly allotted the Equity Shares to the Bidders.

The Allotment Advice cum Refund Orders and/ or notices have been dispatched to the address of the Bidders as registered with the depositories on July 23, 2011. In case the same is not received within 10 days, investors may contact at the address given below. The instructions to Self Certified Syndicate Banks have been dispatched on or prior to July 22, 2011. The Refund Orders have been over-printed with the Bank Account details as registered, if any, with the depositories. 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 has filed its Listing application with Bombay Stock Exchange Limited and National Stock Exchange of India Limited on July 25, 2011. The Company is taking steps to get the Equity Shares admitted for trading on the Bombay Stock Exchange Limited and National Stock Exchange of India Limited within twelve working days from the date of closure of the Issue.

These details of the allocation made would be hosted on the website of Registrar to the Issue, Karvy Computershare Private Limited at http://karisma.karvy.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 Bid-cum-Application/ASBA Form, number of Equity Shares bid for, name of the Member of the Syndicate, place where the bid was submitted and payment details at the address given below:

Karvy Computershare Private Limited
Unit: Bharatiya Global Infomedia Limited
Plot No. 17 to 24, Vithalrao Nagar, Hitech City Road, Madhapur
Hyderabad-500081, Fax:040-23420814
E-mail: einward.ris@Karvy.com
Contact Person: Mr. Murli Krishna

TOLL FREE - HELPLINE NUMBER
1-800-3454001