April 12, 2018 - April 17, 2018

Bombay Super Hybrid Seeds IPO Basis of Allotment

BOMBAY SUPER HYBRID SEEDS LIMITED

Our Company was originally Incorporated as 'Jadavjibhai Devrajbhal Patel' a partnership firm formed and registered under the provisions of the Partnership Act, 1932 (Reg. No. - GUJ-RJT-71371) on April 01, 2000, further the name of the Partnership firm was changed to 'Patel Jadavjibhai Devrahbhai' vide Partnership deed dated October 01, 2012. Subsequently, the name of the Partnership Firm was changed to 'Bombay Super Agriseeds vide Partnership deed dated April 01, 2014. Subsequently, the name of the Partnership Firm was changed to 'Bombay Super Hybrid Seeds vide Partnership deed dated June 28, 2014. Subsequently, the partnership firm was converted into Company and the name was changed to 'Bombay Super Hybrid Seeds Private Limited' on July 28, 2014 under the provisions of Companies Act, 2013 vide certificate of incorporation issued by the Registrar of Companies, Ahmedabad, Gujarat,. Subsequently, pursuant to shareholders resolution passed in the Extra-ordinary General Meeting held on August 21, 2017 our Company was converted into a public company and consequently name was changed to 'Bombay Super Hybrid Seeds Limited' vide fresh certificate of incorporation dated September 14, 2017 issued by Registrar of Companies, Ahmedabad, Gujarat. For further details about the Company, please refer section titled 'History and Certain Corporate Matters' on page 168 of the Prospectus.

Corporate Identification Number: U01132GJ2014PLC080273
Registered Office: Shrinathji Industrial Estate, Plot No.-11, Near Kuvadava GIDC, 8-B, National Highway, Rajkot - 360023, Gujarat, India
Tel No: +91-9687967096 | E-mail: cs@bombaysuper.in | Website: www.bombaysuperseeds.com
Contact Person: Ms. Mona K. Rathod (Company Secretary & Compliance officer)
Promoters: Mr. Arvindkumar Jadavbhai Kakadia and Mr. Kiritkumar Jadavjibhai Kakadia

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 17,32,000 EQUITY SHARES OF FACE VALUE OF RS 10 EACH OF BOMBAY SUPER HYBRID SEEDS LIMITED ('OUR COMPANY' OR 'THE ISSUER') FOR CASH AT A PRICE OF RS 60 PER EQUITY SHARE ('ISSUE PRICE') AGGREGATING TO RS 1039.20 LAKHS ('THE ISSUE'), OF WHICH 88,000 EQUITY SHARES OF FACE VALUE OF RS 10 EACH FOR A CASH PRICE OF RS 60 PER EQUITY SHARE, AGGREGATING TO RS 52.80 LAKHS WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER ('MARKET MAKER RESERVATION PORTION'). THE ISSUE LESS THE MARKET MAKER RESERVATION PORTION I.E. ISSUE OF 16,44,000 EQUITY SHARES OF FACE VALUE OF RS 10 EACH AT AN ISSUE PRICE OF RS 60 PER EQUITY SHARE AGGREGATING TO RS 986.40 LAKHS (IS HEREINAFTER REFERRED TO AS THE 'NET ISSUE'). THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 26.41% AND 25.07%, RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY. FOR FURTHER DETAILS, PLEASE REFER TO SECTION TITLED 'TERMS OF THE ISSUE' BEGINNING ON PAGE 279 OF THE PROSPECTUS.
THIS ISSUE IS BEING MADE IN TERMS OF CHAPTER XB OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2009 (THE 'SEBIICDR REGULATIONS'), AS AMENDED. THIS ISSUE IS A FIXED PRICE 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 AMENDED. FOR FURTHER DETAILS, PLEASE REFER TO SECTION TITLED 'ISSUE PROCEDURE' BEGINNING ON PAGE 289 OF THE PROSPECTUS.

THE FACE VALUE OF THE EQUITY SHARES IS RS 10 EACH AND THE ISSUE PRICE IS RS 60
THE ISSUE PRICE IS 6.00 TIMES OF THE FACE VALUE.
ISSUE OPENED ON: APRIL 12, 2018 AND CLOSED ON: APRIL 17, 2018

PROPOSED LISTING: APRIL 25, 2018

The Equity Shares offered through this Prospectus are proposed to be listed on the SME Platform of NSE ('NSE EMERGE Platform'). In terms of the Chapter XB of the SEBI (ICDR) Regulations, 2009, as amended, our Company has received an in-principle approval letter dated March 22, 2018 from NSE for using its name in this offer document for listing of our shares on the SME Platform of NSE. For the purpose of this Issue, the Designated Stock Exchange will be the NSE. The Trading is proposed to be commenced from Wednesday, April 25, 2018, subject to receipt of listing and trading approvals from the National Stock Exchange of India 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 issue has received 5963 applications for 1,49,98,000 equity shares resulting in 8.66 times subscription (including reserved portion of Market maker).
The details of applications received in the issue (before technical rejections) are as follows:

Category	No. of Applications	%	Number of Equity Shares	%	Subscription (Times)
Market Maker	1	0.02	88,000	0.59	1.00
Retail Individual Investors	5748	96.39	1,14,96,000	76.65	13.99
Other than retail individual Investors	214	3.59	34,14,000	22.76	4.15
Total	5963	100.00	1,49,98,000	100.00	8.66

The details of applications rejected by the Registrar on technical grounds are detailed below:

Category	No. of Applications	No. of Equity Shares
Market Maker	Nil	Nil
Retail Individual Investors	45	90,000
Other than retail individual Investors	2	8,000
Total	47	98,000

After eliminating technically rejected applications, the following table gives us category wise net valid applications:

Category	No. of Applications	%	Number of Equity Shares	%	Subscription (Times)
Market Maker	1	88,000	88,000	0.59	1
Retail Individual Investors	5703	8,22,000	1,14,06,000	76.55	13.88
Other than retail individual Investors	212	8,22,000	34,06,000	22.86	4.14
Total	5916	17,32,000	1,49,00,000	100.00	8.60

Allocation: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - National Stock Exchange of India Limited on April 20, 2018.

A. Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the issue price of Rs 60 per Equity Share, was finalized in consultation with NSE. The category was subscribed by 1.00 time. The total number of shares allotted in this category is 88,000 Equity Shares.

No. of Shares Applied for (Category wise)	No. Of Applications received	% to Total	Total No. of Equity Shares applied in this Category	% to Total	Proportinate Shares Available	Allocation per Applicant (Before Rounding Off)	Allocation per Applicant (After Rounding Off)	Ratio of Allottees to AppliCant: Ratio 1	Ratio of Allottees to AppliCant: Ratio 2	Number of Successful applicants (after rounding off)	Total No. of Equity Shares allocated/ allotted	No. of Shares Surplus/ Deficit
88,000	1	100.00	88,000	100.00	88,000	88,000	88,000	1	1	1	88,000	0

B. Allocation to Retail Individual Investors (After Technical Rejections): The Basis of Allotment to the Retail Individual Investors, at the issue price of Rs 60 per Equity Share, was finalised in consultation with NSE. The category was subscribed by 13.88 times. The total number of shares allotted in this category is 12,66,000 Equity Shares to 633 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	% to Total	Proportinate Shares Available	Allocation per Applicant (Before Rounding Off)	Allocation per Applicant (After Rounding Off)	Ratio of Allottees to AppliCant: Ratio 1	Ratio of Allottees to AppliCant: Ratio 2	Number of Successful applicants (after rounding off)	Total No. of Equity Shares allocated/ allotted	No. of Shares Surplus/ Deficit
2,000	5,703	100.00	1,14,06,000	100.00	12,66,000	221.99	2,000	211	1,901	633	12,66,000	0

C. Allocation to Other than Retail Individual Investors (After Technical Rejections & Withdrawal): The Basis of Allotment to the Non Retail Investors, at the issue price of 60 per Equity Share, was finalized in consultation with NSE. The category was subscribed by 4.14 times. The total number of shares allotted in this category is 3,78,000 Equity Shares to 106 successful applicants.

No. of Shares Applied for (Category wise)	No. Of Applications received	% to Total	Total No. of Equity Shares applied In this Category	% to Total	Proportinate Shares Available	Allocation per Applicant (Before Rounding Off)	Allocation per Applicant (After Rounding Off)	Ratio of Allottees to AppliCant: Ratio 1	Ratio of Allottees to AppliCant: Ratio 2	Number of Successful applicants (after rounding off)	Total No. of Equity Shares allocated/ allotted	No. of Shares Surplus/ Deficit
4,000	102	48.11	4,08,000	11.98	45,280	443.92	2,000	23	102	23	46,000	-720
6,000	20	9.43	1,20,000	3.52	13,316	665.88	2,000	7	20	7	14,000	-682
8,000	11	5.19	88,000	2.58	9,766	887.84	2,000	5	11	5	10,000	-234
10,000	10	4.72	1,00,000	2.94	11,098	1,109.81	2,000	5	10	5	10,000	1,098
12,000	3	1.42	36,000	1.06	3,995	1,331.77	2,000	2	3	2	4,000	-5
14,000	5	2.36	70,000	2.06	7,769	1,553.73	2,000	4	5	4	8,000	-231
16,000	9	4.25	1,44,000	4.23	15,981	1,775.69	2,000	8	9	8	16,000	-19
18,000	4	1.89	72,000	2.11	7,991	1,997.65	2,000	1	1	4	8,000	-9
20,000	7	3.30	1,40,000	4.11	15,537	2,219.61	2,000	1	1	7	14,000	1,537
							2,000	1	7	0	2,000	-2,000
22,000	3	1.42	66,000	1.94	7,325	2,441.57	2,000	1	1	3	6,000	1,325
							2,000	1	3	0	2,000	-2,000
24,000	5	2.36	1,20,000	3.52	13,318	2,663.53	2,000	1	1	5	10,000	3,318
							2,000	2	5	0	4,000	-4,000
26,000	1	0.47	26,000	0.76	2,885	2,885.50	2,000	1	1	1	2,000	885
30,000	2	0.94	60,000	1.76	6,659	3,329.42	2,000	1	1	2	4,000	2,659
							2,000	1	2	0	2,000	-2,000
32,000	4	1.89	1,28,000	3.76	14,206	3,551.38	2,000	1	1	4	8,000	6,206
32,000							2,000	3	4	0	6,000	-6,000
34,000	1	0.47	34,000	1.00	3,773	3,773.34	4,000	1	1	1	4,000	-227
36,000	1	0.47	36,000	1.06	3,995	3,995.30	4,000	1	1	1	4,000	-5
38,000	1	0.47	38,000	1.12	4,217	4,217.26	4,000	1	1	1	4,000	217
40,000	2	0.94	80,000	2.35	8,878	4,439.22	4,000	1	1	2	8,000	878
42,000	1	0.47	42,000	1.23	4,661	4,661.19	4,000	1	1	1	4,000	661
50,000	5	2.36	2,50,000	7.34	27,745	5,549.03	4000	1	1	5	20,000	7,745
50,000							2,000	4	5	0	8,000	-8,000
60,000	4	1.89	2,40,000	7.05	26,635	6,658.84	6,000	1	1	4	24,000	2,635
60,000							2,000	1	4	0	2,000	-2,000
66,000	1	0.47	66,000	1.94	7,325	7,324.72	8,000	1	1	1	8,000	-675
72,000	2	0.94	1,44,000	7.23	15,981	7,990.60	8,000	1	1	2	16,000	-19
74,000	1	0.47	74,000	2.17	8,213	8,212.57	8,000	1	1	1	8,000	213
82,000	1	0.47	82,000	2.41	9,100	9,100.41	10,000	1	1	1	10,000	-900
1,00,000	4	1.89	4,00,000	11.74	44,392	11,098.06	10,000	1	1	4	40,000	4,392
1,00,000							2,000	2	4	0	4,000	-4,000
1,66,000	1	0.47	1,66,000	4.87	18,423	18,422.78	18,000	1	1	1	18,000	423
1,76,000	1	0.47	1,76,000	5.17	19,533	19,532.59	20,000	1	1	1	20,000	-467
Total	212	100	34,06,000	100.00	3,78,000					106	3,78,000	0

The Board of Directors of the Company at its meeting held on Saturday, April 21, 2018 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz. National Stock Exchange of India Limited (NSE) and has authorized the corporate action for the transfer of the Equity Shares to various successful applicants.

The Refund/allotment intimation are being dispatched to the address of the Applicants as registered with the depositories on or before April 23, 2018. Further, the instructions to Self Certified Syndicate Banks for unblocking the amount are being processed on or prior to April 23, 2018. In case the same is not received within ten days, investors may contact Registrar 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 NSE EMERGE Platform within six working days from the date of the closure of the Issue.

INVESTORS PLEASE NOTE

The details of the allotment made would also be hosted on the website of the Registrar to the Issue, SKYLINE FINANCIAL SERVICES PRIVATE LIMITED at www.skylinerta. 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:

SKYLINE FINANCIAL PRIVATE LIMITED
4A9, Gundecha Onclave, Kherani Road, Sakinaka, Mumbai - 400072,
Tel. No.: +91-22-28511022/62215779
website: www.skylinerta.com, Email: virenr@skylinerta.com

Place: Ahmedabad Date: April 24, 2018	Bombay Super Hybrid Seeds Limited For & on behalf of Board Sd/- Mr. Arvindkumar J. Kakadia Managing Director

Bombay Super Hybrid Seeds 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 Bombay Super Hybrid Seeds IPO .

The Bombay Super Hybrid Seeds IPO basis of allotment (published above) tells you how shares are allocated to you in Bombay Super Hybrid Seeds IPO and category wise demand of IPO share.

Visit the Bombay Super Hybrid Seeds IPO allotment status page to check the number of shares allocated to your application.

In Bombay Super Hybrid Seeds 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 Bombay Super Hybrid Seeds IPO basis of allotment document to know how the shares are allocated in Bombay Super Hybrid Seeds IPO.

Bombay Super Hybrid Seeds IPO Basis of Allotment

Bombay Super Hybrid Seeds IPO Basis of Allotment FAQs

How shares are allotted in Bombay Super Hybrid Seeds IPO?

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