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May 18, 2017 - May 23, 2017

Jalan Transolutions IPO Basis of Allotment

JALAN TRANSOLUTIONS (INDIA) LIMITED
CIN: U63090DL2003PLC119773

Our Company was originally incorporated at Delhi as Jalan Carriers Private Limited on April 07, 2003 under the provisions of the Companies Act, 1956. Subsequently the constitution of our Company was changed to a Public Limited Company and the name was changed to 'JalanTransolutions (India) Limited' vide fresh certificate of incorporation dated January 30, 2008 issued by the Registrar of Companies. NCT of Delhi & Haryana. The Corporate Identification Number of Our Company is U63090DL2003PLC119773. For details of change in registered office of our Company please refer to chapter titled 'Our History and Certain Other Corporate Matters'' beginning on page 133 of the Prospectus.

Registered Office: 206 Ajnara Bhawan, D-Block Martet, Vivek Vihar, Delhi -110095, India
Tel No.; +91 11 47675707: E-mail; info@jalantransolutions.com- Website; www.jalantransolutions.com
Contact Person: Ms. Mamta Sharma, Company Secretary & Compliance Officer

PROMOTERS OF THE COMPANY; MR. MANISH JALAN AND MR. RAJESH JALAN

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 38,49,004 EQUITY SHARES OF FACE VALUE OF Rs. 10/- EACH FULLY PAID UP OF JALAN TRANSOLUTIONS (INDIA) LIMITED ('JALAN' OR 'JTIL' OR THE 'COMPANY' OR THE 'ISSUER') FOR CASH AT A PRICE OF Rs. 46/- PER EQUITY SHARE (THE 'ISSUE PRICE') (INCLUDING SHARE PREMIUM OF Rs. 36/- PER EQUITY SHARE) AGGREGATING Rs. 1770.54 LAKHS (THE 'ISSUE') BY OUR COMPANY, OF WHICH 1,95,000 EQUITY SHARES OF FACE VALUE OF Rs. 10/- EACH FULLY PAID UP WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER TO THE ISSUE ('MARKET MAKER RESERVATION PORTION'). THE ISSUE LESS THE MARKET MAKER RESERVATION PORTION i.e. ISSUE OF 36,54,500 EQUITY SHARES OF FACE VALUE OF Rs. 10/- EACH FULLY PAID UP IS HEREINAFTER REFERRED TO AS THE 'NET ISSUE'.THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 26.48% AND 25.14% RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF THE COMPANY.
THIS ISSUE IS BEING IN TERMS OF CHAPTER XB OF THE SEBI (ICDR) REGULATIONS, 2009 (AS AMENDED FROM TIME TO TIME). FOR FURTHER DETAILS PLEASE REFER TO 'SECTION VII- ISSUE INFORMATION' BEGINNING ON PAGE 2370F THE PROSPECTUS.

THE FACE VALUE OF THE EQUITY SHARES IS RS. 10/- EACH. THE ISSUE PRICE IS RS- 46/-
THE ISSUE PRICE IS 4.60 TIMES THE FACE VALUE.
ISSUE OPENED ON: MAY 18, 2017
ISSUE CLOSED ON; MAY 23, 2017
PROPOSED LISTING: WEDNESDAY, MAY 31, 2017

The Equity Shares offered through the Prospectus are proposed to be listed on the NSE Emerge Platform ('NSE'). In terms of the Chapter XB of the SEBI (ICDR) Regulations. 2009, as amended from time to time. The Company has received an in-principle approval leller dated April 28, 2017 from NSE for using its name in the offer document for listing of its shares on NSE Emerge Platform.

For the purpose of this Issue, the Designated Stock Exchange will be the National stock Exchange of India Limited. The trading is proposed to be commenced with effect from Wednesday, May 31,2017*

*Subject to receipt of listing and trading approvals from the National Stock Exchange of India Limited.

All Applicants participated in the Issue through APPLICATIONS SUPPORTED BY BLOCKED AMOUNT ('ASBA') process by providing the details of their respective bank accounts in which the corresponding applications amounts were blocked by Self Certified Syndicalc Banks (the 'SCSBs').

SUBSCRIPTION DETAILS

The Issue has received 1,805 applications for 97,50,000 Equity Shares resulting in 2.53 times subscription (including reserved portion of Market Maker). The details of the applications received in the issue (before technical rejections.) are as follows.

Category No. of
Applications
% to
Total
Number of
Equity Shares
% to
Total
Subscription
(Times)
Market maker 1 0.06 1,95,000 2.00 1 00
Retail Individual investors 1,702 94.29 51,06,000 52.37 2.79
Other than Retail Individual Investors 102 5.65 44,49,000 45.63 2.44
TOTAL 1,805 100.00 97,50,000 100.00 2.53

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

Category Number of
Applications
Number of
Equity Shares
Market maker Nil Nil
Retail Individual investors 24 72,000
Other than Retail Individual Investors 2 27,000
TOTAL 26 99,000

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

Category No. of
Applications
% to Total Issue Size (as
per Prospectus)
Proportionate
Issue Size
(After rounding off)
No. of Valid
Shares applied
Subscription (Times)
Market maker 1 0.06 1,95,000 1,95,000 195,000 1.00
*Retail Individual investors 1,678 94.32 18,27,000 19,47,000 50,34,000 2.76
Other than Retail Individual Investors 100 5.62 18,27,000 17,07,000 44,22,000 2.42
TOTAL 1,779 100.00 38,49,000 38,49,000 96,51,000 2.51

* As per regulation 43(4) of SEBI (ICDR) retail Individual investor category is entitled to more than fifty percent an proportionate basis, the retail Individual investors shall be allocated that higher percentage

Allocation: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - National Stock Exchange of India Limited May 26,2017.

A. Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the issue price at Rs. 46/- per Equity Share, was finalized in consultation with NSE. The category was subscribed by 1.00 times. The total number of shares allotted in this category is 1,95,000 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 46/- per Equity Shares, was finalized in consultation with NSE. The category was subscribed by 2.76 times The total number of shares allotted in this category is 1947000 Equity Shares to 649 successful applicant.

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.
off Shares applied in
each category
% to total Proportionate Shares
Available
Allocation
per Applicant
(Before
Rounding
Off)
Allocallon per
Applicant (After
Rounding Off)
Ratio of
Allottees
to the
Applicants
RATIO 1
Ratio of
Allottees
to the
Applicants
RATIO 2
Number of Successful applicants
After Rounding Off)
Total No. of Shares
allocated/ allotted
No. of
Shares
Surplus/
Deficit
3,000 1,678 100 50,34,000 100 19,47,000 1,160.31 3,000 649 1,678 649 19,47,000 0
Total 1.67B 100 50,34,000 100 19,47,000 649 19.47.000 0

C. Allocation to Other than Retail Individual Investors (After Technical Rejections): The Basis of Allotment to the Non Institutional Investors, at the issue price of Rs. 46/- per Equity sharre, was finalized in consultation with NSE. The category was subscribed 2.42 times. The total number of shares allotted in this category is 1707000 Equity Shares to 91 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.
off Shares applied in
each category
% to total Proportionate Shares
Available
Allocation
per Applicant
(Before
Rounding
Off)
Allocallon per
Applicant (After
Rounding Off)
Ratio of
Allottees
to the
Applicants
RATIO 1
Ratio of
Allottees
to the
Applicants
RATIO 2
Number of Successful applicants
After Rounding Off)
Total No. of Shares
allocated/ allotted
No. of
Shares
Surplus/
Deficit
6,000 40 40.00 2,40,000 5.43 92,646 2,316.15 3,000 31 40 31 93,000 -354
9,000 7 7.00 63,000 1.42 24,319 3,474.14 3,000 1 1 7 21,000 3,319
12,000 6 6.00 72,000 1.63 27,794 4,632.33 6,000 1 1 6 36,000 -8.206
15,000 14 14.00 2,10,000 4.75 81,065 5,790.36 6,000 1 1 14 84,000 -2,935
18,000 2 2.00 36,000 0.81 13,897 6,948.50 6,000 1 1 2 12,000 1897
21,000 3 3.00 63,000 1.42 24,320 8,106.67 9,000 1 1 3 27,000 -2.680
24,000 2 2.00 48,000 1.09 18,529 9,264.50 9,000 1 1 2 18,000 529
27,000 1 1.00 27,000 0.61 10,423 10,423.00 9,000 1 1 1 9,000 1,423
30,000 2 2.00 60,000 1.36 23,161 11,580.50 12,000 1 1 2 24,000 -839
33,000 2 2.00 66,000 1.49 25,478 12,739.00 12,000 1 1 2 24,000 1,478
39,000 1 1.00 39,000 0.88 15,055 15,055.00 15,000 1 1 1 15,000 55
45,000 2 2.00 90,000 2.04 34,742 17,371.00 18,000 1 1 2 36,000 -1,258
48,000 4 4.00 1,92,000 4.32 74,117 18,529.25 18,000 1 1 4 72,000 2,117
54,000 1 1.00 54,000 1.22 20,845 20,845.00 21,000 1 1 1 21,000 -155
57,000 1 1.00 57,000 1.29 22,003 22,003.00 21,000 1 1 1 21,000 1,003
60,000 2 2.00 1,20,000 2.71 46,323 23,161.50 24,000 1 1 2 48,000 -1,677
63,000 2 2.00 1,26,000 2.85 48,639 24,319.50 24,000 1 1 2 48,000 639
66,000 1 1.00 66,000 1.49 25,478 25,478.00 24,000 1 1 1 24,000 1,478
96,000 1 1.00 96,000 2.17 37,058 37,058.00 36,000 1 1 1 36,000 1,058
1,05,000 1 1.00 1,05,000 2.37 40,533 40,533.00 39,000 1 1 1 39,000 1,533
1,53,000 1 1.00 1,53,000 3.46 59,062 59,062.00 60,000 1 1 1 60,000 -938
1,62,000 1 1.00 1,62,000 3.66 62,536 62,536.00 63,000 1 1 1 63,000 -464
2,37,000 1 1.00 2,37,000 5.36 91,488 91,488.00 90,000 1 1 1 90,000 1,488
3,03,000 1 1.00 3,03,000 6.85 1,16,965 1,16,965.00 1,17,000 1 1 1 1,17,000 -35
17,37,000 1 1.00 17,37,000 39.28 6,70,524 6,70,524.00 6,69.000 1 1 1 6,69,000 1,524
Total 100 1.00 44,22,000 100.00 17,07,000 91 17,07,000 0

The CAN and allotment and/or notices will be dispatched to the address of the Applicant as- registered with the depositories on or before May 29,2017. Further, the instructions to Self Certified Syndicate Banks for unblocking the amount are being processed on or prior to May 29, 2017. In case the same is not received within four working days, investors may contact Registrar 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. 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.

Note: All capitalized terms used and not defined herein shall have the respective meaning assigned to them in the Prospectus dated May 09, 2017 ('Prospectus').

INVESTORS PLEASE NOTE

The details of the allottment made would also be hosted on the website of the Registrar to the issue. KARVY COMPUTERSHARE PRIVATE LIMITED at www.karisma.karvy.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:

KARVY COMPUTERSHARE PRIVATE LIMITED
karvy Selenium Tower B, Plot 31-32, Gachibowli, Financial District,
Nanakramguda, Hydarbad - 500032
Tel: (040) 6716 2222; Fax: (040) 23431551
E-mail: jtl.ipo@karvy.com  Website: www.karisma.karvy.com
Contact Person: Mr M Murali Krishna; SEBI Registration No.; INR000000221

Date: May 27, 2017
Place: Delhi

For JALAN TRANSOLUTIONS (INDIA) LIMITED
On behalf of the Board oi Directors
Sd/-
Managing Director

Jalan Transolutions 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 Jalan Transolutions IPO .

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

Visit the Jalan Transolutions IPO allotment status page to check the number of shares allocated to your application.

In Jalan Transolutions 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 Jalan Transolutions IPO basis of allotment document to know how the shares are allocated in Jalan Transolutions IPO.