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September 30, 2016 - October 6, 2016

Dhanuka Realty IPO Basis of Allotment

DHANUKA REALTY LIMITED

CIN No.: U45201RJ2008PLC025705

Our Company was originally incorporated as Sunshine Buildmart Private Limited on January 18, 2008 under the provisions of Companies Act, 1956 with Registrar of Companies, Rajasthan, Jaipur vide registration no. 025705(CIN; U45201RJ2008PLC025705). Pursuant to Shareholders Resolution passed at the Extra Ordinary General Meeting of the Company held on May 16,2016 and fresh Certificate of Incorporation dated July 11, 2016 issued by the Registrar of Companies, Rajasthan, Jaipur, the name or our Company was changed to 'Dhanuka Realty; Private Limited'. Subsequently, our Company;was converted into a Public Limited Company pursuant to Shareholder's Resolution passed at the Extra Ordinary General Meeting of the Company held on July 18, 2016 and the name of our Company was changed to 'Dhanuka Really Limited' vide a fresh Certificate of Incorporation dated August 17, 2016 having CIN: U45201RJ2008PLC025705 Issued by the Registrar of Companies, Rajasthan. Jaipur. For details of the changes in our Name and Registered Office, please see  section titled 'History and Certain Corporate Matters' on pape 126 of the Prospectus.

Registered Office: 5th Floor, The Solitaire, C-212 & C-213, Gautam Marg, Hanurnan Nagar, Vaishali Nagar, Jaipur-302021, Rajasthan, India Tel No.: +91-141 -2356821
Email: info@dhanukagroup.in | WebSite: www.dhanukagroup.in | Contact Person: Mr. Ankit Sain (Company Secretary & Compliance Officer)

PROMOTERS OF OUR COMPANY: Mr. Girish Chandra Dhanuka, Mr Yogesh Dhanuka,
Mr. Peeyush Dhanuka, Mr. Hites.h Dhanuka and Dhanuka Coloniser and Builders Private Limited.

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 10,56,000 EQUITY SHARES OF FACE VALUE OF RS 10.00 EACH OF DHANUKA REALTY LIMITED ('OUR COMPANY' OR 'THE ISSUER') FOR CASH AT A PRICE OF RS 40.00 PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF RS 30.00 PER EQUITY SHARE) ('ISSUE PRICE') AGGREGATING TO RS 422.40 LAKHS ('THE ISSUE'), OF WHICH 54,000 EQUITY SHARES OF FACE VALUE OF RS 10.00 EACH FOR A CASH PRICE OF RS 40.00 PER EQUITY SHARE, AGGREGATING TO RS 21.60 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 10,02,000 EQUITY SHARES OF FACE VALUE OF RS 10.00 EACH AT AN ISSUE PRICE OF RS 40.00 PER EQUITY SHARE AGGREGATING TO 400.80 LAKHS {IS HEREINAFTER REFERRED TO AS THE 'NET ISSUE'). THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 30.00% and 28.47%, 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 244 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 'SEBI ICDR 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 253 OF THE PROSPECTUS,

THE FACE VALUE OF THE EQUITY SHARES IS RS10.00 EACH AND THE ISSUE PRICE IS RS 40
THE ISSUE PRICE IS 4.0 TIMES OF THE FACE VALUE
ISSUE OPENED ON FRIDAY, SEPTEMBER 30, 2016 AND CLOSED ON THURSDAY OCTOBER 06, 2016.
PROPOSED LISTING: TUESDAY, OCTOBER 18, 2016

The Equity Shares offered through the Prospectus are proposed to be listed on the SME Platform of National Stock Exchange of India Limited ('NSE' i.e. 'NSE EMERGE'). In terms of the Chapter XB of the SEBI (ICDR) Regulations, 2009, as amended, we are not required to obtain an in-principle listing approval for the shares being offered in this issue. However, our Company has received an approval letter dated September 20, 2016 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 Nationla Stock exchange of india limited ('NSE EMERGE'). The trading is proposed to be commenced  on or above october 18,2016.*

*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 Application Supported by Blocked Amount ('ASBA') process by providing the details of the respective bank accounts in which the corresponding application amounts were blocked by Self Certified Syndicate Banks (the 'SCSBs')

SUBSCRIPTION DETAILS

The issue has received 458 Applications, for 27,42,000 Equity Shares resulting in 2.60 times subscription (Including reserved portion of market maker). The details of the applications received in the issue (before technical rejections) are as follows:
Detail of the Application Received (before Technical rejection):

Category No. of
Applications
% No. of
Equity Shares
% Subscription
(Times)
Market Maker 1 0.22 54,000 1.97 1.00
Retail individual investors 393 66.90 11,94,000 43.54 2.38
Other than Retail Individual Investors 59 12.88 14,94,000 54.49 2.98
Total 453 100 2742000 100

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 12 36,000
Other than Retail Individual Investors 3 39,000
Total 15 75,000

After eliminating technically rejected applications, the following tabla give us category wise net valid applications:

Category No. of
Applications
% Reserved Portion
(as per Prospectus)
No. of Valid
Shares applied
% of Total
Applied
Subscription
(Tlmes)
Market Maker 100 100 54,000 54,000 100 1.00
Total 100 100 54,000 54,000 100 1.00
Category No. of
Applications
% Reserved Portion
las ner Pros peel us I
Proportionate Issue
Size I Afler rounding orf)
No, of Volid
Shant applied
% of
Total Applied
Subscription
(Times)
Retail Individual Investors 386 87 33 5,01,000 5,01,000 1158000 44.32 2.311
Other than Retail Individual Investors 56 12.67 5,01,000 5,01.000 1455000 55.68 2.904
Total 442 100 10,02,000 10,02,000 2613000 100

Allocation: The Basis of Allotment was finalized, in consultation with the Designated Stock Exchange - National Slock Exchange of India Limited on october 13,2016 .
A. Allocation in Market Maker (After Technical Rejections & Withdrawal): The Basis of Allotment to the Market Maker, at the issue price of Rs 40 per Equity Share, was finalised in consultation with National Stock Exchange of India Limited . The category was subscribed by 1.00 times. The total number of shares allotted in this category is 54,000 Equity shares.

The category wise details of the Basis of Allotment are as under:

No. Of Shares Applied for (Category wise) No. Of Application received % to Total Total No. of Equity Shares applied in this Category % of tetal Proportionate Shares Available Allacation per Applicant
(Before Rounding Off)
Allacation 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
54,000 1 100.00 54,000 100.00 54,000 54,000 54,000 1 1 1 54,000 --
Total 1 100.00 54,000 100.00 54,000 54,000 54,000 1 1 1 54,000 --

B. Allocation In Retail Individual Investors (After Technical Rejections & Withdrawal); The Basis of Allotment to the Retail Individual Investors, at the ssue price of Rs 40 per Equity Share, was finalized in consultation with National Slock Exchange of India Limited. The category was subscribed by 2.311 times i.e. for 1158000 Equity Shares. Total number of shares allotted in this category is 501000 Equity Shares to 167 successful applicants.

The category wise details of the Basis of Allotment are as under:

No. Of Shares Applied for (Category wise) No. Of Application received % to Total Total No. of Equity Shares applied in this Category % of tetal Proportionate Shares Available Allacation per Applicant
(Before Rounding Off)
Allacation 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
3000 386 100.00 1158000 100.00 501000 1297.93 3000 167 386 167 501000 --
Total 386 100.00 1158000 100.00 501000 1297.93 3000 167 386 167 501000 --

C. Allocation to Other Than Retail Individual Investors (After Technical Rejections & Withdrawal): The Basis of Allotment to Other than Retail Individual Investors, at the issue price of Rs 40 per Equity Share, was finalize in consultation with National Stock Exchange of India Limited. The category was Subscribed by 2.904 times i.e. for 14,55,000 shares the total number of shares allotted in this category is 501000 Equity Shares to 51 successful applicants.

The category wise details of the Basis of Allotment are as under:

No. Of Shares Applied for (Category wise) No. Of Application received % to Total Total No. of Equity Shares applied in this Category % of tetal Proportionate Shares Available Allacation per Applicant
(Before Rounding Off)
Allacation 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
6000 18 32.14 108000 7.42 37188 2065.98 3000 13 18 13 39000 1812
9000 2 3.57 18000 1.24 6198 3098.97 3000 1 1 2 6000 -198
2000 4 7.14 48000 3.30 16528 4131.96 3000 1 1 4 12000 -4528
15000 2 3.57 30000 2.06 10330 5164.95 6000 1 1 2 12000 1670
18000 3 5.36 54000 3.71 18594 6197.94 6000 1 1 3 18000 -594
21000 5 8.93 105000 7.22 36155 7230.93 6000 1 1 5 30000 -6155
24000 6 10.71 144000 9.90 49584 8263.92 9000 1 1 6 54000 4416
36000 1 1.79 36000 2.47 12396 12395.88 12000 1 1 1 12000 -396
42000 1 1.79 42000 2.89 14462 14461.86 15000 1 1 1 15000 538
48000 5 8.93 240000 16.49 82639 16527.84 15000 1 1 5 75000 -7639
48000 3000 3 5 9000 9000
51000 1 1.79 51000 3.51 17561 17560.82 18000 1 1 1 18000 439
54000 2 3.57 108000 7.42 37188 18593.81 18000 1 1 2 36000 -1188
63000 1 1.79 63000 4.33 21693 21692.78 21000 1 1 1 21000 -693
66000 2 3.57 132000 9.07 45452 22725.77 24000 1 1 2 48000 2548
75000 1 1.79 75000 5.15 25825 25824.74 27000 1 1 1 27000 1175
99000 1 1.79 99000 6.80 34089 34088.66 33000 1 1 1 33000 -1089
102000 1 1.79 102000 7.01 35118 35121.65 36000 1 1 1 36000 882
Total 56 100.00 1455000 100.00 501000 51 501000 0

The Board of Directors of the Company at its meeting held on October 14, 2016 has approved the Basis of Allocation of Equity Shares as 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-cum-Refund advices and allotment advice and/or notices will be dispatched to the address of the Applicants as registered with the depositories / as filed in the application form on or before October 17, 2016. Further, the instructions to Self Certilied Syndicate Banks for unblocking the amount have been processed on or prior to October 14,2016. In case the same is not unblocked within 10 days, investors may contact 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 setails with ihe depositories concerned. The Company is taking steps to get the Equity Shares admitted for trading on the SME Platform of National Stock Exchange of India Limiled (NSE EMERGE) 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 meanings assigned to them in the Prospectus dated September 22, 2016 ('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 Apllication 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
E/2, Ansa Industrial Estate, Sakivihar Road, Sakinaka. Andheri (East), Mumbai -400 072. Maharashtra, India
Tel: +91 - 022 40430200; Fax; +91 -022 2847520 Investor Grievance Email: investor@bigshareonline.com ; Email: ipo@bigshareonline.com
Website: www.bigshareonline.com Contact Person: Mr. Vipin Gupta; SEBI Registration No.: INR000001385

Place: Jaipur
Date: 14.10.2016
For Dhanuka Realty Limited
On behalf of the Board ol Direclors
Sd/-
Mr. Vogesh Dhanuka
Managing Director

Dhanuka Realty 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 Dhanuka Realty IPO .

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

Visit the Dhanuka Realty IPO allotment status page to check the number of shares allocated to your application.

In Dhanuka Realty 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 Dhanuka Realty IPO basis of allotment document to know how the shares are allocated in Dhanuka Realty IPO.