Jubilant Foodworks IPO Basis of Allotment

JUBILANT FOODWORKS LIMITED

(Our Company was originally incorporated in New Delhi on March 16,1995 as a private limited company under the name 'Domino's Pizza India Private Limited'. For details of the change in name of our Company and registered office, see "History and Certain Corporate Matters" on page 84 of the Prospectus)
Registered Office: Chamber No. 1517,15th Floor, Devika Towers, 6, Nehru Place, New Delhi 110 019, India.
Tel: +(91 11) 3082 3208 Fax: +(91 11) 3082 3208
Corporate Office: B-214, Phase II, Dist. Gautam Budh Nagar, Noida 201 305, Uttar Pradesh, India.
Tel: +(91 120) 4090 500 Fax: +(91 120) 4090 599
Contact Person and Compliance Officer: Mr. Ravi S. Gupta, Senior Vice-President, Finance and Company Secretary Tel: +(91 120) 4090 509 Fax: +(91 12014090 599. Email: investor@dominosin.com Website: www.dominos.co.in

BASIS OF ALLOCATION

PUBLIC OFFER OF 22,670,447* EQUITY SHARES OF RS. 10 EACH (THE "EQUITY SHARES") FOR CASH AT A PRICE OF RS. 145 PER EQUITY SHARE OF JUBILANT FOODWORKS LIMITED ("JUBILANT FOODWORKS", "OUR COMPANY" OR 'THE ISSUER") AGGREGATING RS. 32,872.15 LACS (THE "OFFER"). THE OFFER COMPRISES A FRESH ISSUE OF 4,000,000 EQUITY SHARES BY THE ISSUER (THE "FRESH ISSUE") AND AN OFFER FOR SALE OF 18,670,447 EQUITY SHARES BY THE INDIA PRIVATE EQUITY FUND (MAURITIUS) AND INDOCEAN PIZZA HOLDING LIMITED (THE "SELLING SHAREHOLDERS") (THE "OFFER FOR SALE"). THE OFFER COMPRISES A NET OFFER TO THE PUBLIC OF 20,403,403 EQUITY SHARES (THE "NET OFFER") AND A RESERVATION OF 2,267,044 EQUITY SHARES FOR SUBSCRIPTION BY ELIGIBLE EMPLOYEES (AS DEFINED IN THE PROSPECTUS) (THE "EMPLOYEE RESERVATION PORTION"), AT THE OFFER PRICE. THE OFFER SHALL CONSTITUTE 35.63% OF THE POST-OFFER SHARE CAPITAL OF OUR COMPANY. THE NET OFFER SHALL CONSTITUTE 32.07% OF THE POST-OFFER SHARE CAPITAL OF OUR COMPANY.
*Due to rounding off, five(5) additional Equity Shares have been Allotted to Retail Individual Bidders as approved by the Board of Directors of the Company in their meeting held on February 1,2010.
THE FACE VALUE PER EQUITY SHARE IS RS.10/-. THE ISSUE PRICE PER EQUITY SHARE IS RS. 145/- AND IT IS 14.5 TIMES THE FACE VALUE. THE ANCHOR INVESTOR ISSUE PRICE IS RS. 145/- PER EQUITY SHARE.

The Offer is being made through the 100% Book Building Process wherein at least 50% of the Net Offer will be available for allocation on a proportionate basis to Qualified Institutional Buyers ("QIBs^-) ("QIB Portion"). Provided that our Company may allocate up to 30% of the QIB Portion, to Anchor Investors, on a discretionary basis ("Anchor Investor Portion"). For details, see "Offer Procedure" on page 206 of the Prospectus. Further 5% of the QIB Portion (excluding Anchor Investor Portion) shall be available for allocation on a proportionate basis to Mutual Funds only. The remainder shall be available for allocation on a proportionate basis to QIBs and Mutual Funds, subject to valid Bids being received from them at or above the Offer Price. If at least 50% of the Net Offer cannot be allocated to QIBs, then the entire application money will be refunded forthwith. Further, not less than 15% of the Net Offer will be available for allocation on a proportionate basis to Non-Institutional Bidders and not less than 35% of the Net Offer will be available for allocation on a proportionate basis to Retail Individual Bidders, subject to valid Bids being received at or above the Offer Price. Further, 2,267,044 Equity Shares shall be made available for allocation on a proportionate basis to the Eligible Employees, subject to valid Bids being received at or above the Offer Price.
The Company has allocated 3,060,510 Equity Shares of the QIB Portion to Anchor Investors on a discretionary basis at Rs.145 in accordance with the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations 2009 (the "SEBI Regulations").

The Offer received 57,750 applications for 618,074,840 Equity Shares resulting in 27.26 times subscription. The details of the applications received in the Offer from Qualified Institutional Buyers, Non-Institutional, Retail Individual Investor and Employee categories are as under: (Before technical rejections)

Total Demand : A summary of the final demand as per BSE and NSE as on the Bid/Offer Closing date at different bid prices is as under:

The Basis of Allocation was finalized in consultation with the Designated Stock Exchange, being the Bombay Stock Exchange Limited ("BSE") on January 29,2010.

A. Allocation to Eligible Employees (After Technical Rejections)
The Basis of Allocation to the Employees, who have bid at cut-off or at the Issue Price of  Rs.145/- per Equity Snare, was finalized in consultation with BSE. The category was under-subscribed 0.008 times. As per the Red Herring Prospectus, the spill over portion to the extent of 2,248,364 equity shares has been added to the QIB (1,124,182), Non Institutional Investors (3,37,255) & Retail (786,927) category. The total number of shares allotted in this category is 18,680 Equity Shares to 40 successful applicants. The cateqory-wisedetailsoftheBasisofAllocation are as under:

B. Allocation to Retail Individual Investors (After Technical Rejections) (Includes ASBAapplications)
The Basis of Allocation to the Retail Individual Investors, who have bid at cut-off or at the Issue Price of Rs. 145/- per Equity Share, was finalized in consultation with BSE. The category was subscribed 3.31 times 6,897 applications for 2,455,440 Equity Share were made under the ASBA process. As per the Red Herring Prospectus, the spill over portion from Employee Category to the extent of 786,927 equity shares. The total number of shares allotted in this category is 7,928,123 Equity Shares to 50,051 successful applicants. The cateqory-wise details of the Basis of Allocation are as under

C. Allocation to Non Institutional Investors (After Technical Rejections) (Includes ASBA applications)
The Basis of Allocation to the Non Institutional Investors, who have bid at cut-off or at the Issue Price of Rs. 145/- per Equity Share, was finalized in consultation with BSE. The category was under subscribed 46.31 times. As per the Red Herring Prospectus, the spill over portion from Employee Category to the extent of 337,255 equity shares The total number of shares allotted in this category is 3,397,765 Equity Shares to 163 successful applicants. The category-wise details of the Basis of Allocation are (Sample) under

D. Allocation to QIBs (After Technical Rejections)
Allocation to QIBs has been done on a proportionate basis in consultation with BSE. As per the SEBI regulations, Mutual Funds were initially allotted 5% of the quantum of shares available (413,269), including Spill over from Employee Category to the extent of 56,209 Equity Shares and other QIBs and Mutual Funds were allotted the remaining available shares (7,852,105) on proportionate basis, including Spill over from Employee Category to the extent of 1,067,973 Equity Shares, was allotted to other QIBs on proportionate basis.

E.Allocation to Anchor Investors
Allocation to Anchor Investors has been done on a proportionate basis in consultation with BSE. As per the SEBI Regulations, 30% of QIB Reservation (3,060,510 Equity Shares) was allocated to Anchor Investors (3,060,510 Equity Shares).

The Board of Directors of the Company at its Meeting held at Noida (U.P.) on February 1,2010 has approved the basis of allocation of the Equity Shares of the Offer and has Allotted the Equity Shares to various successful applicants.
The CAN-cum-Refund Orders and allotment advice and notices have been dispatched to the address of the investors as registered with the depositories. In case the same is not received within ten days, investors may contact at the address given below. The Refund Orders have been over-printed with the Bank Mandate details as registered, if any, with the depositories. 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 Bombay Stock Exchange Limited and the National Stock Exchange of India Limited within seven working days from the date of approval of the basis of allocation.
Note: All capitalized terms used and not defined herein shall have the respective meaning assigned to them in the prospectus dated January 21,2010 ("Prospectus")

INVESTORS PLEASE NOTE
This details of the allocation made would be hosted on the website of the Registrar to the Offer, Link Intime India Private Limited at www.linkintime.co.in
All future correspondence in this regard may kindly be addressed to the Registrar to the offer quoting full name of the First/Sole applicant, Serial number of the bid-cum- application form, number of shares bid for, name of the Member of the Syndicate and Place where the bid was submitted and payment details at the address given below:

Link Intime India Private Limited
C -13, Pannalal Silk Mills Compound,
L.B.S Marg, Bhandup (West), Mumbai 400 078 ;
Tel.: +91 22 25960320, Fax: +91 22 25960329 J
E-mail: dominos.ipo@linkintime.co.in
Website: www.linkintime.co.in
Contact Person: Mr. Chetan Shinde

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 JUBILANT FOODWORKS LIMITED.
"The Equity Shares have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws in the United States, and unless so registered, may not be offered or sold within the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. Accordingly, the Equity Shares are being offered and sold outside the United States in offshore transactions in compliance with Regulations under the U.S. Securities Act and the applicable laws of each jurisdiction where those offers and sales occur."