Eco Friendly Food IPO Basis of Allotment

ECO FRIENDLY FOOD PROCESSING PARK LIMITED

Our Company was originally incorporated in New Delhi as 'Eco Friendly Food Processing Park Private Limited' on 21 st July, 2008 under the Companies Act, 1956 vide certificate of incorporation issued by the Registrar of Companies, National Capital Territory of Delhi & Haryana. Our Company was subsequently converted In to a public limited company and consequently name was changed to 'Eco Friendly Food Processing Park Limited' vide fresh certificate of incorporation dated 17th December, 2008 issued by the Registrar of Companies, National Capital Territory of Delhi & Haryana. For further details in relation to the changes to the name of our Company, please refer to the section titled 'Our History and Corporate Structure' beginning on page 69 of the Draft Prospectus.

PUBLIC ISSUE OF 30,06,000 EQUITY SHARES OF RS. 10/- EACH ('EQUITY SHARES') OF ECO FRIENDLY FOOD PROCESSING PARK LIMITED ('EFFPPL' OR THE 'COMPANY' OR THE 'ISSUER') FOR CASH AT A PRICE OF RS. 25/- PER SHARE (THE 'ISSUE PRICE'), AGGREGATING TO RS.751.80 LACS (THE ISSUE'), OF WHICH, 5,04,000 EQUITY SHARES OF RS. 10 EACH WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKERS TO THE ISSUE (AS DEFINED IN THE SECTION 'DEFINITIONS AND ABBREVIATIONS') (THE 'MARKET MAKER RESERVATION PORTION'). THE ISSUE LESS THE MARKET MAKER RESERVATION PORTION i.e. ISSUE OF 25,02,000 EQUITY SHARES OF RS. 10 EACH IS HEREINAFTER REFERRED TO AS THE 'NET ISSUE'. THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 30.40% AND 25.30%, RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF THE COMPANY.

In terms of Prospectus dated 18th December, 2012, and as per Regulation 43 (4) of SEBI (ICDR) Regulations, 2009 wherein a minimum of
50 % of the Net Offer to Pubic shall be initially made available to Retail Individual Investors as the case may be. The balance net offer of shares to the public shall be made available for allotment to a) individual applicants other than retail investors and b)other investors icluding Corporate Bodies/institutions irrespective of no. of shares applied for. The unsubscribed portion of the net offer to any one of the categories specefied 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 investor is entitled to more than fifty percent, on proportionate basis, the retail individual investors shall be allocated that higher percentage.

THE FACE VALUE OF THE EQUITY SHARES IS RS.10/- EACH AND THE ISSUE PRICE IS RS. 25 EACH. THE ISSUE PRICE IS 2.5 (TWO & HALF) TIMES OF THE FACE VALUE. ISSUE OPENED ON 27TH DECEMBER, 2012 AND CLOSED ON 31 ST DECEMBER 2012.

The Equity Shares offered through the Prospectus are proposed to be listed on the SME platform of BSE Limited ('BSE') in terms of the chapter XB of the SEBI (ICDR) Regulations, 2009 as amended from time to time, Company is not required to obtain an in-principle approval of the shares being offered in this Issue. However Company has received an approval letter dated 17th December, 2012 from BSE for using its name in the offer document for listing of our Shares on the SME platform of BSE. The designated stock exchange is BSE 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 392 applications for 38,46,000 Equity Shares (Including Market Maker Application of 5,04,000 Equity Shares) resulting 1.28 times subscription. After considering, cheque return cases of 3 applications of 18,000 Equity Shares, Ine Issue was subscribed 1.27 times. The details of the applications received in the issue (Before technical rejections) are as follows:

Detail of the Applications Received (Before Technical Rejection & withdrawal of application):

There are no applications rejected by the Registrar on technical grounds, however there were withdrawal of five (5) applications, as detailed below:

Detail of the Applications Received (After Technical Rejection & withdrawal):

ALLOCATION: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - BSE Limited on 8th January, 2013.

A. Allocation to Market Maker (After Technical Rejections & Withdrawal): The Basis of Allotment to the Market Maker, at the issue price of Rs. 25/- per Equity Share, was finalised in consultation with BSE. The category was subscribed by 1.00 times. The total number of shares allotted in this category is 5,04,000 Equity shares in full out of reserved portion of 5,04,000 Equity Shares.

B. Allocation to Retail Individual Investors (After Technical Rejections & Withdrawal): The Basis of Allotment to the Retail Individual Investors, at the Issue price of Rs. 25/- per Equity Share, was finalized in consultation with BSE. The category was subscribed by 1.80 times. Total number of shares alloted in this category is 17,16,000 Equity Shares including additional 2426 Equity Shares for the purpose of rounding off to the nearest multiple of 6000 Equity Shares (Lot Size). The category wise basis of allotment is as under:

C. Allocation to Non Retail Investors (After Technical Rejections & Withdrawal): The Basis of Allotment to the Non Retail Investors, at the Issue price of Rs. 25/- per Equity Share, was finalized in consultation with BSE. The category was subscribed by 0.83 times. Total number of shares allotted In this category is 8,04,000 Equity Shares Inducing additional 15,574 Equity Shares for the purpose of rounding off to the nearest multiple of 6,000 Equity Shares (Lot Size). The category wise basis of allotment is as under

The Board of Directors of the Company at its meeting held on 9th January, 2013 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz. BSE and has authorized the corporate action for the transfer of the Equity Shares / dispatch of share certificates to various successful applicants.
The CAN-cum-Refund orders and allotment advice and/ or notices are being dispatched to the address of the Applicants as registered with the depositories/ as filled in the application form or before 11th January, 2013. Further, the instructions to the Self certified syndicate Banks being processed on or prior to 11th January, 2013. In case the same is not received 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 details with the depositories concerned / being dispatched to their respective address.The Company is taking to steps to get the Equity Shares admitted for trading on the SME Platform of BSE Limited within Twelve working days from the date of the closure of the Issue. The Trading is proposed to be commenced on or before 14th January, 2013 subject to receipt of listing and trading approvals from BSE Limited.

INVESTORS PLEASE NOTE
The details of the allotment made would also be hosted on the website of the Registrar to the Issue, Cameo Corporate Services Limited at www.cameoindia.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:

CAMEO CORPORATE SERVICES LIMITED
Subramanian Building, 1 Club House Road, Chennai 600 002.
Tel No.: +91 -44-2846 0390(5 Lines), Fax No.: +91-44-2846 0129
website: www.cameoindia.com, E-mail ID: investor@cameoindia.com