August 31, 2015 - September 3, 2015

H K Trade IPO Basis of Allotment

(This is only an advertisement for formation purpose and not a Prospectus announcement)

H.K. TRADE INTERNATIONAL LIMITED

CIN: U25203MH2013PLC244911

Our Company was originally formed as a partnership) firm on October 6.1993 m the name M/s H.K .International' On June 28.2013. it got converted into a public limited company bearing the name H.K. Trade International Limited under the Part IX of the Companies Act, 1956, having Corporate identification No U25203MH2013PLC244911 and having its Registered Office at Mumbai. Our Company was incorporated with the Registrar of Companies, Mumbai,
Maharashtra on June 28. 2013 and received the commencement of business certificate on July 30. 2011 For details of the changes in our name and Registered Office, refer 'History and Certain Corporate Matters' on page 97 of the Prospectus.

Registered Office: Office No. 9, 2nd Floor. Bharat House. 104, Mumbai Samachar Marg, Fort, Mumbai, - 400 001, Maharashtra. India,
Tel.: +91-22-2267 6700: Email: info@hktrade.in ; Website: www.hktrade.in; Contact Person: Mr Deep Shah, Company Secretary & Compliance Officer

PROMOTER OF THE COMPANY: MR. MAHESH MEHTA

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 12.72,000 EQUITY SHARES OF RS 10/- EACH ('EQUITY SHARES') OF H.K. TRADE INTERNATIONAL LIMITED ('HKT1L' OR THE 'COMPANY' OR THE 'ISSUER') FOR CASH AT PRICE OF RS 18/- PER SHARE (THE ISSUE PRICE'), AGGREGATING TO RS 228.96 LACS ('THE ISSUE'), OF WHICH, 1,36.000 EQUITY SHARES OF RS 10/- EACH WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKERS TO THE ISSUE (AS DEFINED IN THE CHAPTER TITLED 'DEFINITIONS AND ABBRIVIATIONS') (THE 'MARKET MAKER RESERVATION PORTION'), THE ISSUE LESS THE MARKET MAKER RESERVATION PORTION I.E. THE ISSUE OF 11,36.000 EQUITY SHARES OF RS 10 EACH IS HEREINAFTER REFERRED TO AS THE 'NET ISSUE'. THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 48.33% AND 43.16% RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF THE COMPANY.

In terms of the Prospectus dated August 18.2015 and as per the SEBI (ICOR) Regulations 2009 a minimum of 50% of the net offer to public shall Initially be made available for allotment to retail individual investors. The balance net offer of shares to the pubic shall be made available for allotment to a) individual applicants other than retail investors and b) other investors, including Corporate Bodies I Institutions irrespective of number of shares applied for. The unsubscribed portion of the net offer to any one of the categories specified In (a) or (b) shall/.may be made available for allocation In the other category. If so required.

Explanation: For the purpose of sub-regulation 43 (4) of SEBI (ICOR) Regulation, 2009, if the retall individual investor category Is entitled to more than fifty percent on proportionate basis, the retail individual investors shall be allocated that higher percentage.

THIS ISSUE IS BEING MADE IN TERMS OF CHAPTER XB OF THE SEBI (ICDR) REGULATIONS. 2009 (AS AMENDED FROM TIME TO TIME).
For further details see 'Issue Retated information' beginning on page 190 of the Prospectus.
THE FACE VALUE OF EQUITY SHARES IS RS 10. THE ISSUE PRICE IS RS 18. THE ISSUE PRICE IS 1.8 TIMES OF THE FACE VALUE.

ISSUE	OPENED ON: AUGUST 31,2015
	CLOSED ON: SEPTEMBER 03,2015

PROPOSED LISTING: MONDAY, SEPTEMBER 14, 2015

The Equity Shares Issued through the Prospectus are proposed to be listed on the SME Platform of BSE Limited ('BSE1 In terms of the Chapter XB ol the SEBI (ICDR) Regulations, 2009. as amended from time to time, the Company it not required to obtain an in-principal listing approval for the shares being issued in the issue, However, the Company has received an approval letter dated May 29.2015 from BSE lor using its name in the offer Document for listing the Shares on the SME Platform of BSE. For the purpose of the Issue, the Designated Stock Exchange will be the BSE Limited ('BSE'). The trading is proposed to be commenced with effect from Monday. September 14,2015*.
'Subject to receipt of listimg and trating approvals from the BSE 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 Sell Certified Syndicate Banks (the SCSBs').

SUBSCRIPTION DETAILS

The Issue has received 119 applications for 18,00,000 Equity Shares resulting in 1.42 times subscription (Including reserved portion of Market Maker), The details of the applications received in the Issue (before technical rejections and after cheque returns) are as fellows:
Details of the Applications Received (Before Technical Rejection & After Cheque Return):

Category	No. of Applicants	%	No. of Equity Shares	%	Subscription (Times)
Market Maker	1	0.84%	136,000	7.76%	1.00
Retail Individual Investors	114	95.80%	912,000	50.67%	1.61
Other than Retail Individual Investors	4	3.36%	752,000	41.78%	1.32
Total	119	100.00%	18,00,000	100.00%	1.42

The details of applications rejected by the Registrar on technical grounds (including withdrawal) are detailed below:
(Technical refection)

Category	No. of Applicants	No. of Equity Shares
Market Maker	Nil	Nil
Retail Individual Investors	1	8000
Other than Retail Individual Investors	Nil	Nil
Total	1	8000

After eliminating technically rejected applications, the following tables give us Category wise net valid applications:

Category	No. of Applicants	%	Issue Size ((as per Prospectus)	No. of shares Reserved (Revised)	No. of Valid Shares Applied	Subscription (Times)	Revised Subscription (Time)
Market Maker	1	0.85%	136.000	136,000	136000	1.00	1.00
Retail Individual Investors	113	95.76%	568 000	624,000	904.000	1.59	1.45
Other than Retail Individual Investors	4	3.39%	568,000	512,000	752.000	1.32	1.47
Total	118	100%	1,272,000	1,272,000	1,792.000	1.41	1.41

Allocation: The Basis of Allotment was finalized in consultation with the Designated Slock Exchange - BSE Limited on September 8, 2015.

A. Allocation to Market Maker (After Technical Rejections); The Basis of Allotment to the Market Maker, at the issue price of Rs18/- per Equity Share, was finalized in consultation with BSE. The category was subscribed by 1.00 times. The total number of shares allotted in this category Is 136,000 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 18/- per Equity Share, was finalised In consultation with BSE. The category was subscribed by 1.45 times. The total number of shares allotted in this Category is 624,000 Equity Shares to 78 successful applicants.
The Category- wise details of the Basis of Allotment are as under:

No of shares applied for (Category wise)	No. of applications received	%To Total	Total No. of shares applied In each category	%To Total	Proportionate shares avallable	Allocation per Applicant (before rounding of)	Allocation per Applicant (after applicants rounding off)	Ratio of allottees to applicants	Number of successful applicants (after rounding off)	Total no of Shares Allocated/ allotted	No of Shares Surplus/ Deficit
8.000	113	100%	904,000	100%	624,000	5,522.12	8,000	78:113	78	624,000	Nil

C. Allocation to Other than Retail Individual Investors (After Technical Rejections & Withdrawal);
The Basis of Allotment to the Non Institutional Investors, at the Issue price of Rs 18/- per Equity Share, was finalitzed in consultation with BSE, The category was subscribed 1.47 times. The total number of shares allotted in this category is 5,12,000 Equity Shares.
The Category-wise details of the Basis of Allotment are as under:

No of shares applied for (Category wise)	No. of applications received	%To Total	Total No. of shares applied In each category	%To Total	Proportionate shares avallable	Allocation per Applicant (before rounding of)	Allocation per Applicant (after applicants rounding off)	Ratio of allottees to applicants	Number of successful applicants (after rounding off)	Total no of Shares Allocated/ allotted	No of Shares Surplus/ Deficit
16.000	1	25%	16.000	2.13%	10.894	10,893 62	8000	1:1	1	8000	2894
24.000	1	25%	24.000	3 19%	16 340	16.340 43	16.000	1:1	1	16.000	340
272,000	1	25%	272.000	36.17%	185.191	185.191 49	184,000	1:1	1	184.000	1191
440.000	1	25%	440.000	58.51%	299.574	299.574.47	304,000	1:1	1	304,000	-4426
TOTAL	4	100%	7.52.000	100%	512,000		512.000		4	512.000	0

The Board of Directors of the Company at its meeting held on September 08,2015 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Slock Exchange viz. BSE Ltd and has authorized the corporate acton for the transfer of the Equity Shares to various successful applicants.
The Refund/allotment intimation are being dispatched to the address of the Applicants as registered with the Depositories on or before September 10.2015. Further the Instructions to Self Certified Syndicate Banks for unblocking the amount are being processed on or prior to September 10.2015. In case the same is not receded within ten days, investors may contact Registrar at the address given below. The Equrty Shares allocated to successful applicants are being credited to their beneficiary accounts subject to validation of the account details with the depositories concerned. The Company is taking 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.
Note; All capitalized terms used and not defined herein shall have the respective meaning assigned to them in the Prospectus dated August 18.2015 ('Prospectus').

INVESTORS PLEASE NOTE

The details of the allotment made would also be hosted on me website of the Registrar to the Issue SHAREX DYNAMIC (INDIA) PRIVATE LIMITED at
www.sharexindia.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;

SHAREX DYNAMIC (INDIA) PRIVATE LIMITED
Unit No.1,V Lulhra Ind. Premises. Safed Pool. Andheri Kurla Road. Andheri (E). Mumbai - 400 072. Maharashtra, India
Tel.: +91-22-2851 5606 1 5644 / 6338. Fax: .+91 -22- 2851 2885
Website: www.sharexindia.com Email: sharexindia@vsnl.com
Contact Person: Mr K.C. Ajitkumar SEBI Registration No.:INR000002102

Date : September 09: 2015 Place : Mumbai	For H. K. TRADE INTERNATIONAL LIMITED On Behalf of the Board of Directors Sd/- Managing Director

THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE EQUITY SHARE ON LISTING OR THE BUSINESS PROSPECTS OF THE H. K. TRADE INTERNATIONAL LIMITED.

H K Trade 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 H K Trade IPO .

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

Visit the H K Trade IPO allotment status page to check the number of shares allocated to your application.

In H K Trade 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 H K Trade IPO basis of allotment document to know how the shares are allocated in H K Trade IPO.

H K Trade IPO Basis of Allotment

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