DB Realty IPO Basis of Allotment

D B REALTY LIMITED

Our Company was originally incorporated as a public limited company with the name D B Realty Limited, into the Companies Act 1956 on January 8,2007 and received a certificate of (commencement of business on February 28, 2007. Our Company was converted to a Private company and the name was changed to D B Reality Private Limited, pursuant to a shareholders resolutian dated May 14, 2007. The Registrar of Companies, Mumbai has issued a fresh certificate of incorporation consequent to the conversion on July 9, 2007. Subsequently by a shareholders resolution dated September 5, 2009 , our company has been reconverted into a public limited company and received a fresh certificate of incorporation on September 23, 2009.

Registered Office and Corporate Office: DB House, Gen. A.K. Vaidya Marg, Goregaon (East),
Mumbai 400 063, India.
Telephone: +91 22 4077 8600. Facsimile: +91 22 2842 2444 Website: www.dbg.co.in
Company Secretary and Compliance Officer: Mr. S.A.K. Narayanan; Email: sak.narayanan@dbg.co.in

BID/ISSUE OPENED ON JANUARY 29, 2010, CLOSED ON FEBRUARY 02, 2010

The Equity Shares of the Company are proposed to be listed on Bombay Stock Exchange Limited ("BSE") and the National Stock Exchange of india Limited ("NSE") and the trading is expected to commence on February 24, 2010.
THE FACE VALUE PER EQUITY SHARE IS RS.10/-. THE ISSUE PRICE PER EQUITY SHARE IS RS. 468/- AND IT IS 46.8 TIMES THE FACE VALUE. The Anchor investors issue price is Rs. 468/- per equity share.

Pursuant to Rule 19(2)(b) of the Securities Contract Regulation Rules, 1957 ("SCRR"), this being an Issue for less than 25% of the post Issue share capital, the Issue is being made through the Book Building Process wherein at least 60% of the Issue shall be allocated on a proportionate basis to Qualified Institutional Buyers ("QIBs").Provided that, the Company may. allocate up to 30% of the QIB Portion to Anchor Investors at the Anchor Investor issue Price on a discretionary basis, out of which at least one-third will be available for allocation to Mutual funds only. In the event of under-subscripbon in the Anchor Investor Portion, the balance Equity Shares shall be added to the Net QIB Portion. 5% of the Net QIB Portion shall be available for allocation on a proportionate basis to Mutual Funds only. The remainder shall be available for allocation on a proportionate basis to QIBs including Mutual Funds, subject to valid Bids being received from them at or above the Issue Price. If at least 60% of the Issue cannot be allotted to QIBs, then the entire application money will be refunded forthwith. In addition, in accordance with Rule 19(2) (b) of the SCRR, a minimum of two million securities are being offered to the public and the size of the Issue shall aggregate to at least Rs.1,000 million. Further, not less than 10% of the Issue shall be available for allocation on a proportnnate basis to Non-lnstitutional Bidders and not less than 30% of the Issue shall be available for allocation on a proportionate basis to Retail Individual Bidders, subject to valid Bids being received from them at or above the Issue Price.

The Company has allocated 55,55,298 Equity Shares of the QIB Portion to Anchor Investors on a discretionary basis at Rs.468 in accordance with the SEBI Regulations.

The Issue received 22,311 applications for 8,43,03,484 equity shares resulting in 2.63 times subscription after technical rejection. The details of the applications received in the Issue from Qualified Institutional Buyers, Non-Institutional and Retail Individual Investor are as under (Before technical rejections)

Final Demand
A summary of the final demand as per BSE and NSE as on the Bid/Issue Closing date at different bid prices is as under:

The Basis of Allocation was finalized in consultation with the Designated Stock Exchange, being BSE on February 15,2010.

A. Allocation to Retail Individual Investors including ASBA Bidders (After Technical Rejections)
The Basis of Allocation to the Retail Individual Investors, who have Bid at or above Rs. 468/-per Equity Share or at the Cut-off Price, was finalized in consultation with BSE. The category was subscribed 0.35 times. As per the Red Herring Prospectus, the unsubscribed portion of Retail Portion is spill over to Non Institutional Portion (8,94,062 equity shares), QIB Portion (53,64,374 equity shares) and Additional spill Over to Non institutional Portion (25,970 equity shares) due to cheque return & rejections. The total number of shares allotted in this category is 33,30,978 Equity Shares to 22,131 successful applicants. The category-wise details of the Basis of Allocation are as under:

B. Allocation to Non Institutional Investors including ASBA Bidders (After technical rejections)
The Basis of Allocation to the Non institutional Investors, who have Bid at or above Rs. 468/- per Equity Share, was finalized in consultation with BSE. The category was over subscribed 3.27 times. As per the Red Herring Prospectus, the spill over portion from Retail Portion was 8,94,062 equity snares and Additional Spill Over from Retail Portion due to cheque return & rejections was 25,970 equity shares The total number of shares allotted In this category Is 41,25,160 Equity Shares to 112 successful applicants. The category-wise details of the Basis of Allocation are (Sample) as under:

C. Allocation to QIBs
Allocation to QIBs has been done on a proportionate basis In consultation with BSE. As per the SEBI Regulations, Mutual Funds were Initially allotted 5% of the quantum of shares available (9,51,993), Including spill over from Retail Portion to the extent of 2,68,219 Equity Shares and other QIBs were allotted the remaining available shares (1,80,87,853) on proportionate basis, Including spill over from Retail Portion to the extent of 50,96,155 Equity Shares, was allotted to other QIBs on proportionate basis.

D. Allocation to Anchor Investors
Allocation to Anchor Investors has been done on a discretionary basis by the Company in consultation with the Book Running Lead Managers. As per the SEBI Regulations, upto 30% of QIB Portion (i.e. 55,55,298 Equity Shares) were allotted to Anchor Investors (55,55,298 Equity Shares).

The IPO committee of the Board of Directors of the Company at Its meeting held at Mumbai on February 16, 2010 has approved the basis ol allocation of shares of the Issue and has allotted the shares to various successful applicants.

The CAN-cum-Refund Orders and allotment advice and notices have been dispatched to the address of the Investors as registered with the depositories on February 17, 2010. In case the same Is not received within ten days, Investors may contact at the address given below. The Refund Orders have been overprinted with the Bank Mandate details as registered, If any, with the depositories. The shares allocated to successful applicants have been credited to their beneficiary accounts subject to validation of the account details with the depositories concerned. The Company has taken steps to get the Equity Shares admitted for trading on BSE and NSE within seven working days from the date of approval of the basis of allocation. The Company has filed the listing application on February 16, 2010 and the trading Is expected to commence on February 24, 2010. Further, the instructions to Self Certified Syndicate Banks have been given on Feb 15, 2010.

Note: All capitalized terms used and not defined herein shall have the respective meaning assigned to them In the prospectus dated February 05, 2010 ("Prospectus"). For any material updates & risk factors, please refer to prospectus dated February 05, 2010 filed with the Registrar of Companies.

Details of the allocation made would be hosted on the website of Registrar to the Issue, Link Intime India Private Limited it http://www.linkintime.co.in

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-applicatlon form, number of shares bid for, name of the Member of the Syndicate and Place where the bid was submitted and payment details at the address given below:

Link Intime India Private Limited
C-13, Pannalal Silk Mills Compound,
L.B.S. Marg, Bhandup (West), Mumbai - 400 078.
Email: dbreality.ipo@linkintime.co.in