September 9, 2016 - September 19, 2016

Crown Lifters IPO Basis of Allotment

CROWN LIFTERS LIMITED

CIN No. : U74210MH2002PLC138439

Our Company was incoporated as Crown Lifters Private Limited under the provisions of the Copanies Act, 1956, vide Certificate of incorporation dated December 2002 issued by the Registrar of Companies. Mumbai. Maharashtra. Subsequently, our Company was converted into a Public Limited Company and Fresh certificate of incorporation consequent to the conversion was issued on June 14, 2016 by the Registrar of Companies Mumbai. Maharashtra and consequently the name of our Company was changed to 'Crown Lifters Limited'. For details of change in registered office of our Company please refer to chapter titled 'Our History and Certain Other Corporate Matters' beginning on page 112 of the Prospectus.

Registered Office; 104. Raheja Plaza, Shah Industrial Estate. Veera Desai Road. Andherl (W). Mumbai - 400053, Maharashtra. India
Tel No.: +91 22 2674 2122/ 2829 | Fax No.: +91 22 2674 1819 | Email; admin@crownlifters.com Website; www.crownlifters.com
Contact Person: Mr. Karim Kamruddin Jaria, Managing Director

PROMOTER OF OUR COMPANY: MR. KARIM KAMRUDDIN JARIA

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 5.52,000 EQUITY SHARES OF FACE VALUE DF RS 10 EACH FULLY PAID UP OF CROWN LIFTERS LIMITE D ('CROWN LIFTERS' OR TH E 'COMPANY' OR THE 'ISSUER') FOR CASH AT A PR1CE OF RS 121 PER EQUITY SHARE (THE ISSUE PRICE') (INCLUDING A SHARE PREMIUM OF RS 111 PER EQUITY SHARE AGGREGATING RS 667.92 LAKHS (THE 'ISSUE') BY OUR COMPANY, OF WHICH 28.000 EQUITY SHARES OF RS 10 EACH FULLY PAID UP WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER TO THE ISSUE ('MARKET MAKER RESERVATION PORTION'). THE ISSUE LESS THE MARKET MAKER RESERVATION PORTION I.E. ISSUE OF 5.24.000 EQUITY SHARES OF RS 10 EACH FULLY PAID UP IS HEREINAFTER REFERRED TO AS THE 'NET ISSUE'. THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 26.51 % AND 25.17% RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF THE COMPANY.
THIS ISSUE IS BEING IN TERMS OF CHAPTER XB OF THE SEBI (ICDR) REGULATIONS, 2009 (AS AMENDED FROM TIME TO TIME). FOR FURTHER DETAILS PLEASE REFER TO 'SECTION VII - ISSUE INFORMATION' BEGINNING ON PAGE 205 OF THE PROSPECTUS.

THE FACE VALUE OF THE EQUITY SHARES IS RS 10 EACH. THE ISSUE PRICE IS RS 121 THE ISSUE PRICE IS 12.10 TIMES THE FACE VALUE. ISSUE OPENED ON SEPTEMBER 09, 2016 AND ISSUE CLOSED ON SEPTEMBER 19, 2016

PROPOSED LISTING: TUESDAY, SEPTEMBER 27, 2016

The Equity Shares offered through the Prospectus are proposed to be listed on the NSE Emerge Platlorm ('NSE'). In terms of the Chapter XB of the SEBI (ICDR) Regulation, 2009. as amended from time to time. the Company has recoived an in-principle approval letter dated Auqust. 16, 2010 from NSE for using its name in the offer document for listing of its shares on NSE Emerge Platform.
For the purpose of this Issue, the Designated Stock Exchange will be the National Stock Exchange of India Limited. The trading is proposed to be commenced with effect from Tuesday, September 27, 2016.*
* Subject to receipt of listing and trading approvals from the National Stock Exchange of India Limited.
All Applicants participated 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 Sell Certified. Syndicate Banks (the 'SCSBY's).

SUBSCRIPTION DETAILS

The Issue has received 719 applications for 1250000 Equity Shares resulting in 2.26 times subscription (including reserved portion of Market Maker). The details of the applications received in the Issue (before technical rejections) are as follows:
Details of the Applications Received (Before Technical Rejection):

Category	No. of Applicants	%	No.of Equity Shares	%	Subscription (Times)
Market Makers	1	0.14	28000	2.24	1.00
Retail Individual investors	679	94.44	679000	54.32	2.59
Other than Retail Individual Investors	39	5.42	543000	43.44	2.07
TOTAL	719	100.00	1250000	100.00	2.26

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

Category	No.of Applications	No. of Equity Shares
Market Makers	Nil	Nil
Retail Individual investors	13	13000
Other than Retail Individual Investors	2	3000
TOTAL	15	16000

After eliminating technically rejected applications, the following tables give us Category wise net valid applications:

Category	No.of Applications	%	Issue Size (as per Prospectus)	Proportionate Issue Size (After rounding off)	No. of Valid Shares applied	Subscriplion (Times)
Market Makers	1	0.14	28000	28000	28000	1.00
Retail Individual Investors	666	94.60	262000	290000	666000	2 30
Other than Retail Individual Investors	37	5.26	262000	234000	540000	2.31
TOTAL	704	100.00	552000	552000	1234000	2.24

ALLOCATION: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange National Stock Exchange of India Limited on September 22. 2016.
A. Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the issue price of Rs 121 per Equity Share, was finalized in consultation with NSE. The category was subscribed by 1.00 times. The total number of shares allotted in this category is 28.000 Equity Shares.

B. Allocation to Retail Individual Investors After Technical Rejections): The Basis of Allotment to the Retail Individual Investors, at the issue price of Rs 121 per Equity Share, was finalized in consultation with NSE. The category was subscribed by 2.30 times. The total number of shares allotted in this category is 290000 Equity Shares to 290 successlul 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 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 applicants: RATIO 1	Ratio of allottees to applicants: RATIO 2	Number of successful applicant (after rounding off)	Total No. of Shares Allocated/ allotted*	No. of Shares Surplus/ Deficit
1000	666	100.00	666000	100.00	290000	435.44	1000.00	27	62	290	290000	0
Total	666	100.00	666000	100.00	29.0000	435.44	1000.00	27	62	290	290000	0

C. Allocation to Other than Retail Individual investors (After Technical Rejections): The Basis of Allotment to the Non institutional investors, at the issue price of Rs121 per Equity Share, was finalized in consultation with NSE. The category was subscribed 2.31 times. The total number of shares allotted in this category is 234000 Equity Shares to 37 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 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 applicants: RATIO 1	Ratio of allottees to applicants: RATIO 2	Number of successful applicant (after rounding off)	Total No. of Shares Allocated/ allotted*	No. of Shares Surplus/ Deficit
2000	10	27.03	20000	3.70	8667	666.67	1000	1	1	10	10000	1333
3000	1	2.70	3000	0.56	1300	1300.00	1000	1	1	1	1000	-300
4000	6	16.22	24000	4.44	10400	1733.33	2000	1	1	6	12000	1600
5000	1	2.70	5000	0.93	2167	2166.67	2000	1	1	1	2000	-167
7000	2	5.41	14000	2.59	6067	3033.33	3000	1	1	2	6000	-67
8000	1	2.70	8000	1.48	3467	3466.67	3000	1	1	1	3000	-467
9000	2	5.41	18000	3.33	7800	3900.00	4000	1	1	2	8000	200
10000	1	2.70	10000	1.85	4333	4333.33	4000	1	1	1	4000	-333
12000	3	8.11	36000	6.67	15600	5200.00	5000	^J	1	3	15000	-600
13000	1	2.70	13000	2.41	5633	5633.33	6000	1	1	1	6000	367
15000	1	2.70	15000	2.78	6500	6500.00	7000	1	1	1	7000	500
16000	1	2.70	16000	2.96	6933	6933.33	7000	1	1	1	7000	67
17000	1	2 70	17000	3.15	7367	7366.67	7000	Ś	1	1	7000	-367
18000	1	2.70	18000	3.33	7800	7800.00	8000	1	1	1	8000	200
40000	2	5.41	80000	14.81	34667	17333.33	17000	1	1	2	34000	-667
43000	1	2.70	43000	7.96	18633	18633.33	18000	1	1	1	18000	-633
80000	1	2.70	80000	14.81	34666	34666.67	34000	1	1	1	34000	-666
120000	1	2.70	120000	22 22	52000	52000.00	52000	1	1	1	52000	0
Tolal	37	100	540000	100	234000					37	234000	0

The Board of Directors of the Company at Its meeting held on September 22.2016 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz. National Stock Exchange of India Limited and has authorized the corporate action for the transfer of the Equity Shares to various successful applicants The CAN and allotment advice and/or notices will be dispatched to the address of the Applicants, as registered with the depositories on or before September 26.2016. Further, the instructions to Sell Certified Syndicate Banks for unblocking the amount are being processed on or prior to September 26.2016. In case the same Is not received within four working days, investors may contact Registrar at the address given below. The Equity Shares allocated to successful applicants are being credited to their beneliciary 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.
Note: All capitalized terms used and not defined herein shall have the respective meaning assigned to them In the Prospectus dated August 27.2016 ('Prospectus^').

INVESTORS PLEASE MOTE

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

BIGSHARE SERVICES PRIVATE LIMITED
E2 Ansa Industrial Estate, Sakivihar Road, Sakinaka Andheri East, Mumbai - 400072.
Tel: +91 22 40430200 Fax; +9l 22 28475207 E-mail: ipo@bigshareonline.com
Website: www.bigshareonline.com: Contact Person: Mr. Ashok Shetty: SEBI Registration No.: INR000001385

Place: Mumbai Date: September 22, 2016	For CROWN LIFTERS LIMITED On behalf of the Board of Directors Sd/- Managing Director

Crown Lifters 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 Crown Lifters IPO .

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

Visit the Crown Lifters IPO allotment status page to check the number of shares allocated to your application.

In Crown Lifters 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 Crown Lifters IPO basis of allotment document to know how the shares are allocated in Crown Lifters IPO.

Crown Lifters IPO Basis of Allotment

Crown Lifters IPO Basis of Allotment FAQs

How shares are allotted in Crown Lifters IPO?

What is Crown Lifters IPO basis of allotment status?

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