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September 21, 2017 - September 26, 2017

D P Wires IPO Basis of Allotment

D P WIRES LIMITED

Corporate Identification Number: U27100MP1998PLC029523

Our Company was incorporated as D P Wires Private Limited under the provisions of the Companies Act 1956 vide certificate of incorporation dated February 26,1998, issued by the Registrar of Companies, Maharashtra, Mumbai. Due to change in registered office from one state (Registrar of Companies, Maharashtra, Mumbai) to another state (Registrar of Companies, Madhya Pradesh, Gwalior) the Corporate Identification Number (CIN) of the Company was also changed from U27100MH1998PTC113737 to U27100MP1998PTC029523 dated October 19, 2012. Subsequently, the name of our Company was changed to D P Wires Limited pursuant to conversion into a public company vide Shareholders' approval on May 09,2017 and fresh certificate of incorporation dated May 16, 2017, issued by the Registrar of Companies, Madhya Pradesh, Gwalior. The Corporate Identification Number of Our Company is U27100MP1998PLC029523. For further details please refer to chapter titled 'Our History and Certain Other Corporate Matters' beginning on page 136 of the Prospectus.

Registered Office: 16-18A, Industrial Estate, Ratlam- 457001, Madhya Pradesh, India
Tel No.: +91-7412-261130 | E-mail: info@dpkataria.in | Website: www.dpwires.co.in | Contact Person: Mr. Hemant Kataria, Whole Time Director

PROMOTERS OF THE COMPANY: MR. PRAVEEN KATARIA, MR. HEMANT KATARIA AND MRS. ASHA DEVI KATARIA

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 35,84,000 EQUITY SHARES OF FACE VALUE OF RS 10 EACH FULLY PAID UP OF D P WIRES LIMITED ('DPWL' OR THE 'COMPANY' OR THE 'ISSUER') FOR CASH AT A PRICE OF RS 75 PER EQUITY SHARE (THE 'ISSUE PRICE') (INCLUDING A SHARE PREMIUM OF RS 65 PER EQUITY SHARE AGGREGATING RS 2688.00 LAKHS (THE 'ISSUE') BY OUR COMPANY, OF WHICH 1,82,400 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 34,01,600 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 26.42% AND 25.07% 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 248 OF THE PROSPECTUS.

THE FACE VALUE OF THE EQUITY SHARES IS RS 10 EACH.
THE ISSUE PRICE IS RS 75. THE ISSUE PRICE IS 7.50 TIMES THE FACE VALUE.
ISSUE OPENED ON: SEPTEMBER 21, 2017; ISSUE CLOSED ON: SEPTEMBER 26, 2017
PROPOSED LISTING: THURSDAY, OCTOBER 05, 2017'

The Equity Shares offered through the Prospectus are proposed to be listed on the NSE Emerge Platform ('NSE'). In terms of the Chapter XB of the SEBI (ICDR) Regulations, 2009, as amended from time to time. The Company has received an in-principle approval letter dated August 09,2017 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 Thursday, October 05,2017.*
*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 Self Certified Syndicate Banks (the 'SCSBs').

SUBCRIPTION DETAILS

The Issue has received 857 applications for 55,60,000 Equity Shares (Before Technical Rejections, applications not banked and invalid duplicate applications) including reserved portion of Market Maker. The issue was subscribed to the extent 1.55 times as per the application data (Before Technical Rejections, applications not banked and invalid duplicate applications). Before technical rejections but after applications not banked, invalid duplicate applications and application banked but not registered, the issue was subscribed 1.53 times.
The details of the applications received in the Issue are as follows:

Category No. of Applicants % No. of Equity Shares % Subscription (Times)
Market Maker 1 0.12% 1,82,400 3.31% 1.00
Retail Individual Investors 739 88.40% 11,82,400 21.48% 0.70
Other than Retail Individual Investors 96 11.48% 41,39,200 75.21% 2.43
TOTAL 836 100.00 55,04,000 100.00 1.53

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 Maker Nil Nil
Retail Individual Investors 11 17,600
Other than Retail Individual Investors 4 5,84,000
TOTAL 15 6,01,600

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
Subscription (Times)
Market Maker 1 0.12% 1,82,400 1,82,400 1,82,400 1.00
Retail Individual Investors 728 88.67% 17,00,800 11,64,800 11,64,800 0.68
Other than Retail Individual Investors 92 11.21% 17,00,800 22,36,800 35,55,200 1.59
TOTAL 821 100.00 35,84,000 35,84,000 49,02,400 1.37

Allocation: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - National Stock Exchange of India Limited on September 29,2017.

A. Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the issue price of Rs 75 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 1,82,400 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 75 per Equity Share, was finalized in consultation with NSE. The category was subscribed by 0.68 times. The total number of shares allotted in this category is 11,64,800 Equity Shares to 728 successful applicants.
The Cateaorv-wise details of the Basis of Allotment are as under:

No.of
Shares
Applied
for
(Category
wise)
No.of
Appli
cations
received
% to Total Total No.of Equity
Shares
applied
in each
Category
% to Total Proporti
nate
Shares
Available
Allocation per Applicant
(Before Rounding Off)
Allocation per Applicant
(After Rounding Off)
Ratio of Allottees to Appli cants: Ratio 1 Ratio of Allottees to Appli cants: Ratio 2 Number of
Successful
applicant
(after
rounding off)
Total No.
of Shares
allocated/
allotted
No. of Shares Surplus/ Deficit
1,600 728 100.00 11,64,800 100.00 17,00,800 1,600 1,600 1 1 728 11,64,800 -5,36,000
TOTAL 100.00 11,64,800 100.00 17,00,800 11,64,800* -5,36,000

* The under subscribed 5,36,000 equity shares from Retail Individual Investors Category have been spilled over to Other than Retail Individual Investors.
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 Rs 75 per Equity Share, was finalized in consultation with NSE. The category was subscribed 1.59 times. The total number of shares allotted in this category is 22,36,800 Equity Shares to 92 successful applicants.
The Category-wise details of the Basis of Allotment are as under:

No.of
Shares
Applied
for
(Category
wise)
No.of
Appli
cations
received
% to Total Total No.of Equity
Shares
applied
in each
Category
% to Total Proporti
nate
Shares
Available
Allocation per Applicant
(Before Rounding Off)
Allocation per Applicant
(After Rounding Off)
Ratio of Allottees to Appli cants: Ratio 1 Ratio of Allottees to Appli cants: Ratio 2 Number of
Successful
applicant
(after
rounding off)
Total No.
of Shares
allocated/
allotted
No. of Shares Surplus/ Deficit
3,200 19 20.65 60,800 1.71 3,82,53 2,013.32 1,600 1 1 19 30,400 -7,853
3,200 1,600 5 19 8,000 8,000
4,800 22 23.91 10,5600 2.97 6,64,40 3,019.98 1,600 1 1 22 35,200 -31,240
4,800 1,600 19 22 30,400 30,400
6,400 2 2.17 12,800 0.36 8,053 4,026.64 4,800 1 1 2 9,600 1,547
8,000 2 2.17 16,000 0.45 10,067 5,033.30 4,800 1 1 2 9,600 -467
12,800 2 2.17 25,600 0.72 16,107 8,053.29 8,000 1 1 2 16,000 -107
14,400 13 14.13 18,7200 5.27 1,17,779 9,059.95 8,000 1 1 13 1,04,000 -13,779
14,400 1,600 8 13 12,800 12,800
16,000 2 2.17 32,000 0.90 20,133 10,066.61 9,600 1 1 2 19,200 -933
19,200 4 4.35 76,800 2.16 48,320 12,079.93 12,800 1 1 4 51,200 2,880
20,800 1 1.09 20,800 0.59 13,087 13,086.59 12,800 1 1 1 12,800 -287
22,400 1 1.09 22,400 0.63 14,093 14,093.25 14,400 1 1 1 14,400 307
24,000 3 3.26 72,000 2.03 45,300 15,099.91 14,400 1 1 3 43,200 -2,100
27,200 2 2.17 54,400 1.53 34,226 17,113.23 17,600 1 1 2 35,200 974
28,800 1 1.09 28,800 0.81 18,120 18,119.89 17,600 1 1 1 17,600 -520
32,000 6 6.52 1,92,000 5.40 1,20,799 20,133.21 19,200 1 1 6 1,15,200 -5,599
32,000 1,600 4 6 6,400 6,400
65,600 1 1.09 65,600 1.85 4,12,73 41,273.09 41,600 1 1 1 41,600 327
67,200 1 1.09 67,200 1.89 4,22,80 42,279.75 41,600 1 1 1 41,600 -680
1,05,600 1 1.09 1,05,600 2.97 6,64,40 66,439.60 67,200 1 1 1 67,200 760
1,32,800 2 2.17 2,65,600 7.47 1,67,106 83,552.84 83,200 1 1 2 1,66,400 -706
1,34,400 1 1.09 1,34,400 3.78 8,45,59 84,559.50 84,800 1 1 1 84,800 241
1,44,000 1 1.09 1,44,000 4.05 9,05,99 90,599.46 89,600 1 1 1 89,600 -999
2,70,400 1 1.09 2,70,400 7.61 1,70,126 1,70,125.65 16,9600 1 1 1 16,96,00 -526
3,32,800 1 1.09 3,32,800 9.36 2,09,385 2,09,385.42 2,09,600 1 1 1 2,09,600 215
3,34,400 1 1.09 3,34,400 9.41 2,10,392 2,10,392.08 2,11,200 1 1 1 2,11,200 808
4,00,000 1 1.09 4,00,000 11.25 2,51,665 2,51,665.17 2,51,200 1 1 1 2,51,200 -465
5,28,000 1 1.09 5,28,000 14.85 3,32,198 3,32,198.02 3,32,800 1 1 1 3,32,800 602
TOTAL 92 100.00 35,55,200 100.00 22,36,800 92 22,36,800* 0

* Includes original reservation of 17,00,800 equity shares and spill over from Retail Indvidual Investors Category of 5,36,000 equity shares.
The Board of Directors of the Company at its meeting held on September 29,2017 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 October 04, 2017. Further, the instructions to Self-Certified Syndicate Banks for unblocking the amount are being processed on or prior to October 04, 2017. 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 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.
Note: All capitalized terms used and not defined herein shall have the respective meaning assigned to them in the Prospectus dated September 01,2017 ('Prospectus').

INVESTORS PLEASE NOTE

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
Bharat Tin Works Bldg, 1 st Floor, Opp. Vasant Oasis Makwana Road, Marol, (Andheri East), Mumbai-4000059.
Tel: +91 22 62638200; Fax: +91 22 62638299; E-mail: ipo@bigshareonline.com
Website: www.bigshareonline.com; Contact Person: Mr. Ashok Shetty;
SEBI Registration No.: INR000001385

Place: Ratlam, Madhya Pradesh

Date: October 03,2017

For DP WIRES LIMITED
On behalf of the Board of Directors
Sd/-
Whole Time Director

D P Wires 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 D P Wires IPO .

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

Visit the D P Wires IPO allotment status page to check the number of shares allocated to your application.

In D P Wires 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 D P Wires IPO basis of allotment document to know how the shares are allocated in D P Wires IPO.