September 30, 2016 - October 4, 2016

DRA Consultants IPO Basis of Allotment

DRA CONSULTANTS LIMITED

Our Company was incorporated as 'DRA Consultants Private Limited' at Nagpur, Maharashtra as a private limited company under the provision of the companies Act, 1956 vide certificate of incorporation dated May 05, 2009 bearing corporate Identification Number U93090MH2009PTC192183 issued by Registrar of Companies, Maharashtra. Mubai. Subsequently, our Company was converted into a Public Limited Company pursuant to Shareholders resolution passed at the Extra Ordinary General Meeting of our company held on July 28, 2016 and the name of our company was changed to 'DRA Consultants Limited' and a fresh certificate of incorporation conswquent upon conversion from private company to public company dated August 24, 2016 was issued by the Registrar of companies, Maharashtra, Mumbai. For Details of incorporation , change of name and Registrar office of our company , please refer to chapter titled 'General information' and 'our History and certain other Corporate Matters' begining on Page 64 and 138 respectively of the prospectus.

Registered Office: Plot No 58 Ingole Naga,. Wardha Road, Nagpur-440005, Maharashtra, India
Tel No.: +91 712 3027575; Fax No.: +91 712 3027527; E-mail: investors@dineshrathi.com ; Website: www.dra.net.in
Corporate Identification Number: U93090MH2009PLC192183: Contact Person: Ankita Daga, Company Secretary and Compliance Officer\
PROMOTERS OF OUR COMPANY: DINESH RATHI AND UMA RATHI

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 29,60,000 EQUITY SHARE OF FACE VALUE OF RS. 10 EACH ('EQUITY SHARE') OF DRA CONSULTANTS LIMITED (THE 'COMPANY' OR THE 'ISSUER') FOR CASH AT A PRICE OF RS. 10 PER EQUITY SHARE (THE 'ISSUE PRICE'), AGGREGATING RS. 296.00 LAKHS ('THE ISSUE''). OF WHICH 1,60,000 EQUITY SHARES OF FACE VALUE OF RS 10 EACH FOR CASH AT APRICE OF RS 10. PER EQUITY SHARE , AGGREGATING RS. 16.00 LAKHS WILL BE RESERVED FOR SUBSCRIPTION BY THE MARKET MAKER TO THE ISSUE (THE 'MARKET MAKER RESERVATION PORTION'). THE ISSUE LESS MARKET MAKER RESERVATION PORTION I.E. ISSUE OF 28,00,000EQUITY SHARE OF FACE VALUE OF RS. 10 EACH FOR CASH AT A PRICE OF RS. 10 PER EQUITY SHARE , AGGREGATING RS. 280.00 LAKHS IS HEREINAFTER REFERRED TO AS THE 'NET ISSUE'. THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 26.98% AND 25.52% RESPECTIVELY Of THE FULLY DILUTED POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY.

In terms of Prospectus dated September 26,2016 and as per Regulation 43(4) of SEBI (ICDR) Regulations, 2009 wherein
(a) minimum of 50% of the Net offer to public shall intially be made avilable to Retail Individual Investors.
(b) the balance net offer of shares to the public shall be made avilable for allotment to
(i) Individual applications other than retail investors and
(ii) other investors including corporate bodies /Institutions irrespective of no. of shares applied for,
(c) The unsubscribed portion of the net offer to any of the categories specified in (a) or (b) shall/may be made available for allocation in any other category, if so required.
Explanation: For the purpose of Regulation 43 (4) of SEBI (ICDR) Regulations, 2009, if the retail individual inventor is entitled to more than fifty percent, on proportionate basis, the retail individual investors shall be allocated that higher percentage. All investors have participated in this offer through ASBA process. For details in this regards, specific attention is invited to chapter 'issue Procedure' on page 236 of the Prospectus.

THE FACE VALUE OF THE EQUITY SHARES IS RS 10 EACH AND
THE ISSUE PRICE OF RS,10,00 IS 1.0 TIMES OF THE FACE VALUE OF THE EQUITY SHARES,
ISSUE OPENED ON SEPTEMBER 30, 2016 AND CLOSED ON OCTOBER 04, 2016.

The Equity Shares offered through the offer Document are proposed to be listed on the SME platform of BSE Limited ('BSE SME') in terms of the chapter XB of the SEBI (ICDR) Regulations, 2009 as amended from time to time. Our Company has received an approval letter dated September 22, 2016 from BSE for using its name in the oprospectus for listing of our Shares on BSE SME . The designated stock exchange is BSE SME.

SUBSCRIPTION DETAILS

The issue has received 1069 applications for 3,65,90,000 Equity shares (Before Technical Rejections) (Including Market Maker Application of 1,60,000 Equity Shares) resulting 12.36 times subscription After consideration , Technical Rejection cases, the issue was subscribed 12.20 times (including the Market Maker Portion .

The details of application received (Before Technical Rejections)

CATEGORY	NUMBER OF APPLICATIONS	NUMBER OF EQUITY SHARES	SUBSCRIPTION
Market Makers	1	1,60,000	1.00
Other than Retail individual investors	153	2,60,30,000	18.59
Retail Individual Investor's	915	1,04,00,000	7.43
TOTAL	1,069	3,65,90,000	12.36

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

CATEGORY	NUMBER OF APPLICATIONS	NUMBER OF EQUITY SHARES
Market Makers	0	0
Other than Retail Individual Investors	7	3,20,000
Retail Individual Investor's	14	1,70,000
TOTAL	21	4,90,000

Detail of the Applications Received (After Technical Rejection):

CATEGORY	NUMBER OF APPLICATIONS	NUMBER OF EQUITY SHARES.	SUBSCRIPTION
Market Makers	1	1,60,000	1.00
Other than Retail Individual Investors	146	2,57,10,000	18.36
Retail Individual Investor's	901	1,02,30,000	7.31
TOTAL	1,048	3,61,00,000	12.20

ALLOCATION: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - BSE on October 07, 2016.

A. Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the issue price of Rs. 10/- per Equity Share, was finalized in consultation with BSE SME. The category was subscribed by 1.00 times. The total number at shares allotted in this category is 1,60,000 Equity shares in full out of reserved portion of 1,60,000 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. 10/- per Equity Share, was finalized in consultation with BSE. The category was subscribed by 7.31 times. Total number of shares allotted in this category is 14,00,000 Equity Shares. The category wise basis of allotment is as under-

No. of Shares Applied for (Category wise)	No. of Applications received	% to total	Total No. of Equity Shares applied	% to total	Proportionate Shares Available	Allocation per Applicant (Before Rounding Off)	Allocation per Applicant (After Rounding Off)	Ratio of Allottees to the Applicants	Total No. of Equity Shares allotted	Surplus/ (Deficit)
10,000	779	86.46	77,90,000	76.15	10,66,080	1,368.52	10,000	121:779	12,20,000	1,43,920
20,000	122	13.54	24,40,000	23.85	3,33,920	2,737.05	10,000	19:122	1,80,000	(1,43.920)

C. Allocation to Other than Retail Individual Investor (After Technical Rejection): The Basis of Allotment to other than Retail Individual Investors, at the issue price of Rs. 10/-per Equity Share, was finalizad in consultation with BSE. The category was subscribed by 18.36 times. Total number of shares allotted in this category is 14,00,000 Equity Shares, The category wise basis of allotment is as under;

No. of Shares Applied for (Category wise)	No. of Applications received	% to total	Total No. of Equity Shares applied	% to total	Proportionate Shares Available	Allocation per Applicant (Before Rounding Off)	Allocation per Applicant (After Rounding Off)	Ratio of Allottees to the Applicants	Total No. of Equity Shares allotted	Surplus/ (Deficit)
30,000	12	8.22	3,60,000	1.40	19,603	1,633.61	10,000	1:6	20,000	397
40,000	12	8.22	4,80,000	1.87	26,138	2,178.14	10,000	1:4	30,000	3,862
50,000	15	10.27	7,50,000	2.92	40,840	2.722.68	10,000	4:15	40,000	(840)
60,000	12	8.22	7,20,000	2.80	39,207	3,267.21	10,000	1:3	40,000	793
70,000	8	5.48	5,60,000	2.18	30,494	3,811.75	10,000	3:8	30,000	(494)
80,000	7	4.79	5,60,000	2.18	30,494	4,356.28	10,000	3:7	30,000	(494)
90,000	9	6.16	8,10,000	3.15	44,107	4.900.82	10,000	4:9	40,000	(4,107)
1,00,000	18	12.33	18,00,000	7.00	98,016	5,445.35	10,000	5:9	1,00,000	1,984
1,10,000	5	3.42	5,50,000	2.14	29,949	5,989.89	10,000	3:5	30,000	51
1,20,000	2	1.37	2,40,000	0.93	13,069	6,534.42	10,000	1:2	10,000	(3,069)
1,30,000	2	1.37	2,60,000	1.01	14,158	7,078.96	10,000	1:2	10,000	(4,158)
1,40,000	3	2.05	4,20,000	1.63	22,870	7,623.49	10,000	2:3	20,000	(2,870)
1,50,000	3	2.05	4,50,000	1.75	24,504	8,168.03	10,000	2:3	20,000	(4,504)
1,60,000	1	0.68	1,60,000	0.62	8,713	8,712.56	10,000	1:1	10,000	1,287
1,70,000	1	0.68	1,70,000	0.66	9,257	9,257.10	10,000	1:1	10,000	743
1,80,000	3	2.05	5,40,000	2.10	29,405	9,801.63	10,000	1:1	30,000	595
1,90,000	1	0.68	1,90,000	0.74	10,346	10,346.17	10,000	1:1	10,000	(346)
2,00,000	2	1.37	4,00,000	1.56	21,781	10,890.70	10,000	1:1	20,000	(1,781)
2,50,000	4	2.74	10,00,000	3.89	54,454	13,613.38	10,000	1:1	40,000	(14,454)
2,70,000	1	0.68	2,70,000	1.05	14,702	14,702.45	10,000	1:1	10,000	(4,702)
3,00,000	4	2.74	12,00,000	4.67	65,344	16,336.06	20,000	1:1	80,000	14,656
3,30,000	1	0.68	3,30,000	1.28	17,970	17,969.66	20,000	1:1	20,000	2,030
3,50,000	1	0.68	3,50,000	1.36	19,059	19,058.73	20,000	1:1	20,000	941
4,00,000	3	2.05	12,00,000	4.67	65,344	21,781.41	20,000	l :l	60,000	(5,344)
4,80,000	1	0.68	4,80,000	1.87	26,138	26,137.69	30,000	1:1	30,000	3,862
5,00,000	4	2.74	20,00,000	7.78	1,08,907	27,226.76	30,000	1:1	1,20,000	11,093
6,00,000	2	1.37	12,00,000	4.67	65,344	32,672.11	30,000	1:1	60,000	(5,344)
6,20,000	1	0.68	6,20,000	2.41	33,761	33,761.18	30,000	1:1	30,000	(3,761)
6,20,000							10,000	1:1	10,000	10,000
7,00,000	1	0.68	7,00,000	2.72	38,117	38,117.46	40,000	1:1	40,000	1,883
7,60,000	1	0.68	7,60,000	2.96	41,385	41,384.68	40,000	1:1	40,000	(1,385)
8,00,000	2	1.37	16,00,000	6.22	87,126	43,562.82	40,000	1:1	80,000	(7,126)
8,00,000							10,000	1:2	10,000	10,000
8,80,000	1	0.68	8,80,000	3.42	47,919	47,919.10	50,000	1:1	50,000	2,081
10,00,000	2	1.37	20,00,000	7.78	1,08,907	54,453.52	50,000	1:1	1,00,000	(8.907)
10,00,000							10,000	1:2	10,000	10,000
17,00,000	1	0.68	17,00,000	6.61	92,572	92,570.98	90,000	1:1	90,000	(2,572)

The Board of Directors of the Company at its meeling held on October 07,2016 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz. BSE and authorized corporate action for allotment of shares in dematerialized form to various successful applicants.

The CAN and allotment advice and/or notices shall be dispatched to the address of the Applicants as registered with the depositories/as filled in the application form an or before October 13, 2016. Further, the instructions to SCSBs shall be issued on October 10, 2016 for unblocking of funds. 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. In case the same is not received within prescribed time, Investors may contact the Registrar to the Issue at the address given below. The Cornpany is taking steps to get the Equity Shares admitted for trading on the SME Platform of BSE within six working days from the date of the closure of the issue. The trading is proposed to commence on or before October 14,2016 subject to receipt of listing and trading approvals from BSE.

INVESTORS PLEASE NOTE

The details of the allotment made would also be hosted on the website of the Registrar to the Issue at www.bigshareonline.com All future correspondence in this regard may kindly be addressed to the Registrar quoting full name of the First' Sole applicant, serial number of the Application Form, number of shares applied for and Bank Branch where the application had been lodged ard payment details at the address at the Registrar given below:

BIGSHAHE SERVICES PRIVATE LIMITED|
E/2. Ansa industrial Estate, Sakivihar Road. Sakinaka, Andheri (East), Mumbai 400 072.
Tel,: +91 -22-4043 0200: Fax: +91 -22-2847 5207
Email: ipo@bigshareonline.com ; Website: www.bigshareonline.com
Contact Person: Babu Raphael; SEBI Registration No: INR000001385

Date: October 08, 2016 Place: Nagpur, Maharashtra	For DRA CONSULTANTS LIMITED On behalf of the Board of directors Sd/- Dinesh Rathi Chairman and Managing Director

DRA Consultants 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 DRA Consultants IPO .

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

Visit the DRA Consultants IPO allotment status page to check the number of shares allocated to your application.

In DRA Consultants 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 DRA Consultants IPO basis of allotment document to know how the shares are allocated in DRA Consultants IPO.

DRA Consultants IPO Basis of Allotment

DRA Consultants IPO Basis of Allotment FAQs

How shares are allotted in DRA Consultants IPO?

What is DRA Consultants IPO basis of allotment status?

What is DRA Consultants IPO allotment process?

Read more about DRA Consultants IPO