Felix Industries IPO Basis of Allotment

FELIX INDUSTRIES LIMITED
Corporate Identification Number: U40103GJ2012PLC072005

Our Company was incorporated as Felix industries Private Limited on September 18,2012 under the provisions of Companies Act, 1956 with Registrar of Companies, Gujarat. Dadra and Nagar Havelli vide registration no. (ClN: U40103GJ2012PTC072005). Pursuant to Shareholders Resolution passed at the Annual General Meeting held on 11th April, 2017 our Company was. converted into a Public Limited Company and the name of our Company was changed to 'Felix Industries Limited' vide a fresh Certificate of Incorporation dated 24th April. 2017. Issued by the Registrar of Companies. Ahmedabad. For further details about the Company, please refer section titled 'History and Certain Corporate Matters' on page 177 of the Prospectus.

Registered Office: 208, Devshruti Complex, Opp Medissurge Hospital, Nr. Mithakali Cross Road, Ellisbridge, Ahmedabad-380006, Gujarat. India. | Tel: 079 - 26463658 / 59 E-mail: info@felixindustries.co  Website: www.felixindustries.co | Contect Person: Hena K. Shah (Company Secretary & Compliance officer)

PROMOTERS: MR. RITESH VINAY PATEL AND MR, SAGAR SAMIR SHAH

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 13,68,000 EQUITY SHARES OF FACE VALUE OF RS 10 EACH OF FELIX INDUSTRIES LIMITED ('OUR COMPANY' OF 'THE ISSUER') FOR CASH AT A PRICE OF RS 35 PER EQUITY SHARE ('ISSUE PRICE') AGGREGATING TO RS 478. 8 LAKHS ('THE ISSUE'), OF WHICH 72,000 EQUITY SHARES OF FACE VALUE OF RS 10 EACH FOR A CASH PRICE OF RS 35 PER EQUITY SHARE, AGGREGATING TO RS 25.20 LAKHS WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER
('MARKET MAKER RESERVATION PORTION'). THE ISSUE LESS THE MARKET MAKER RESERVATION PORTIDN I.E. ISSUE OF 12,96.000 EQUITY SHARES OF FACE VALUE OF RS 10 EACH AT AN ISSUE PRICE OF  RS 35 PER EQUITY SHARE AGGREGATING TO RS 453.6 LAKHS (IS HEREINAFTER REFERRED TO AS THE 'NET ISSUE'). THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 26.86 % AND 25.45 %, 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 288 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 'SEBI1CDR 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 297 OF THE PROSPECTUS.

THE FACE VALUE OF THE EQUITY SHARES IS RS 10 EACH AND
THE ISSUE PRICE IS RS 35. THE ISSUE PRICE IS 3,5 TIMES OF THE FACE VALUE.
ISSUE OPENED ON; THURSDAY NOVEMBER 23,2017; ISSUE CLOSED ON: FRIDAY NOVEMBER 24, 2017
PROPOSED LISTING: TUESDAY, DECEMBER 05, 2017*

The Equity Shares offered through this Prospectus are proposed to be listed on the SME Platform of NSE ('NSE EMERGE Platform') 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 in-principle approval letter dated October 11, 2017 from NSE for using its name in this offer document for listing of our shares on the SME Plalform of NSE. For the purpose of this issue, the Designated Stock Exchange will be the NSE. The Trading is arched to be commenced from Tuesday. December 05, 2017, 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 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' ).

SUBSCRIPTION DETAILS

The issue has received 1323 applications for 69.08.000 equity shares resulting in 5.07 times subscription (including reserved portion of Market maker).
The details of applications received in the issue (before technical rejections) are as follows:

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

After eliminating technically rejected applications, the following table gives us category wise net valid applications:

Allocation: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - National Stock Exchange of India Limited on November 30,2017.
A. Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the issue price of Rs 35 per Equity Share, was finalized in consultation with NSE The category was subscribed by 1.00 time. The total number of shares allotted in this category is 72.000 Equity Shares. The Category-wise details of the Basis of Allotment are as under:

B. Allocation to Retail Individual Investors (After Technical Rejections): The Basis of Allotment to the Retail Individual Investors, at the issue price of 7 35 per Equity Share, was finalised in consultation with NSE. The category was subscribed by 5.194 times. The total number of shares allotted in this category is 9,68,000 Equity Shares to 242 successful applicants.

The Category-wise deiatls of the Basis of Allotment are as under:

C. Allocation to Other than Retail Individual Investors (After Technical Rejections & Withdrawal): The Bssis of Allotment to the Non Retail Investors, at the issue price of Rs 35 per Equity Share, was finalized in consultation with NSE. The category was subscribed by 5.207 times. The total number of shares allotted in this category is 3.28.000 Equity Shares to 32 successful applicants.
The Category-wise details of the Basis of Allotment are as under:

The Board of Directors of the Company at its meeting held on November 30,2017 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz:. National Stock Exchange of India Limited (NSE) and has authorized the corporate action for the transfer of the Equity Shares to various successful appicants. The Refund / allotment intimation are being dispatched to the address of the Applicants as registered with the depositories on or before December 02.2017. Further, the instructions to Sell Certified Syndicate Banks for unblocking the amount are being processed on or prior to December 01,2017. In case the same Is not received within ten days, investors may contact Registrar at the address given below.
The Equity Shares allocated to successful applicants are being credited Id their beneficiary accounts subject to validation of the account details with the depositaries 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.
Corrigendum: In the Pre-lssue Advertisement dated November 20.2017. in the box Company Secretary and Compliance Officer; Monarch Networth Capital Limited should be read as Felix industries Limited.
Note: All capitalized terms used and not defined herein shall have the respective meaning assigned to them in the Prospectus dated November 16,2017 ('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:

B1GSHARE SERVICES PRIVATE LIMITED
Bharat Tin Works Bldg. 1st 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. Jibu John | SEBI Registration No.: INR000001385