February 25, 2014 - March 3, 2014

Karnimata Cold Storage IPO Basis of Allotment

KARNIMATA COLD STORAGE LIMITED

Our Company was incorporated as Karnimata Cold Storage Private limited on April 29, 2011 under the Companies Act 1956 bearing Registration No. 162131 and having its Registered Office in Paschirn Medinipur, West Bengal. Subsequently, the status of our Company was changed to a public limited company and the name of our Company was changed to Kamimata Cold Storage Limited vide special resolution dated November 26,2012. A fresh Certificate of Incorporation consequent upon change of name was issued on December 04,2012 by the Registrar of Companies. West Bengal. For further details regarding the changes in our registered office, please see the chapter titled 'History and Certain Corporate Matters' beginning on page 90 of the Prospectus.

Registered Office: Village -Chekuasole, P.O.-Jogerdanga, P.3. - Goaltore, Dist. - Paschim Medinipur, West Bengal - 721121
Tel..: +91 3227 - 218314; Tele Fax : +91 3227 - 265193; Website: www.kamimatacoldstorage.com;
Company Secretary and Compliance Officer: Mr. Subrat Kumar Nayak; Email: karnimatacold5torage@gmail.com

PROMOTERS OF THE COMPANY: MR. PRADIP LODHA, MRS. ASHA LADIA, MRS. SUSHILA LODHA. PRATYUSH MERCANTILE PRIVATE LIMITED AND SRG TRADING PRIVATE LIMITED

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 15,18,000 EQUITY SHARES OF RS10/- EACH ('EQUITY SHARES') OF KARNIMATA COLD STORAGE LIMITED ('KCSL' OR THE 'COMPANY' OR THE 'ISSUER') FOR CASH AT A PRICE OF RS.20/- PER SHARE (THE 'ISSUE PRICE'), AGGREGATING TO RS 303.60 LACS ('THE ISSUE'), OF WHICH, 1,62,000 EQUITY SHARES OF RS 10/- EACH WILL BE RESERVED FOR SUBSCRIPTION BY THE PROMOTERS (THE 'PROMOTERS CONTRIBUTION') AND 78,000 EQUITY SHARES OF RS10/- EACH WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKERS TO THE ISSUE (THE 'MARKET MAKER RESERVATION PORTION'). THE ISSUE LESS THE PROMOTERS CONTRIBUTION AND THE MARKET MAKER RESE RVATION PORTION I.E. ISSUE OF 12,78,000 EQUITY SHARES OF RS 10/- EACH IS HERE INAFTER REFERRED TO AS THE ' NETISSUE' .THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 29.85% AND 25.14%, RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF THE COMPANY. THIS BEING A FIXED PRICE. AS PER SUB CLAUSE (4) OF REGULATION 43 OF THE SEBI (ICDR) REGULATIONS, 2009 AS AMENDED (THE 'SEBI REGULATIONS'). OUT OF THE NET OFFER OF 12,78,000 EQUITY SHARES, NOT LESS THAN 50% SHALL BE AVAILABLE TO RETAIL INDIVIDUAL INVESTORS AND THE REMAINING TO INDIVIDUAL APPLICANTS OTHER THAN RETAIL INVESTORS AND OTHER INVESTORS INCLUDING CORPORATE BODIES OR INSTITUTIONS IRRESPECTIVE OF THE NUMBER OF SHARES APPLIED FOR. IF THE RETAIL INDIVIDUAL INVESTOR CATEGORY IS ENTITLED TO MORE THAN 50% ON PROPORTIONATE BASIS, THEY SHALL BE ALLOTTED THAT HIGHER PERCENTAGE.

THE FACE VALUE OF OUR EQUITY SHARES IS RS10/- EACH. THE ISSUE PRICE OF EQUITY SHARES IS RS 20/- EACH AND THE ISSUE PRICE IS 2.0 TIMES OF THE FACE VALUE. ISSUE OPENED ON FEBRUARY 25,2014 AND CLOSED ON MARCH 03,2014.

The Equity Shares of the Company are proposed to be listed on Ihe SME Platform of BSE Limited ('BSE'). In terms of the Chapter XB of the SEBI (ICDR) Regulations. 2009, as amended from time to time, we are not required to obtain an in-principle listing approval from BSE. However, our Company has received an approval via letter dated February 05,2014 from BSE for using ilts name in the offer document for tisling of Our shares an the SME Platform of BSE. BSE shall be the Designated Stock Exchange for the purpose of this Issue. The trading is proposed to be commenced on or before March 18,2014.*

(* Subject to receipt of listing and trading approvals from the BSE Limited.)

This being a Fixed Price Issue. the allocation in the Net Offer to the Public category shall be made as per Regulation 43(4) of the SEBI (ICDR) Regulations, 2009, as amended from time to time, wherein a minimum of 50% of the Net Offer of shares to the Public shall initially be made available for allotment to Retail individual investors. The balance Net Offer of Shares to the pubfic shall be made available for allotment to Individual Applicants other than Retail Individual investors and other Investors, including Corporate Bodies / institutions irrespective of number of shares applied for. The unsubscribed portion of the Net Offer to anyone of the categories specified above shall/may be made available for allocation to Applicants in the other category. if so required. 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 applicalcon amounls were blocked by Self Certified Syndicate Banks ((the'SCSBs).

SUBSCRIPTION DETAILS

The Net Issue has received 351 applications for 30,36,000 Equity Shares resulting in 2.376 times subscription. The details of the applications received in the Net Issue (before and after technical rejections) are as fol lows:

Detail of the Applications Received

Category	Before Technical Rejection		After Technical Rejection
Category	No. of Applications	No. of Equity Shares	No. of Applications	No. of Equity Shares
Retail Individual Applicant	262	15,72,000	255	15,30,000
Non - Retail Individual Applicant	69	14,64,000	88	14,46,000
Total	351	30,36,000	343	29,76,000

Note: The Issue also Includes 1,62.000 Equity Shares & 78,000 Equity Shares reserved for Promoters & Market Makers respectively, which were fully subscibed by them and there were no Technical Rejections.

In the event of oversubscription, the allotment will be made on a proportionate basis in marketable lots. There was over-subscription of 8,91,000 Equity Shares in Retail Category & 8,07,000 Equity Shares in Non - Retail Category. As per Regulation 43(4) of SEBI (ICDR) Regulations. 2009, the allotment in Retail & Non-Retail Category was revised to 51.41 % and 48.59% respectively. Further, due to round - off for lot size of 6,000, the final allotment in Retail & Non-Retail Category is determined as 51.64% and 48.36% respectively. The Basis of Allotment was finalised in consultation with the Designated Stock Exchange - BSE Limited on March 11,2014.

A) Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the issue price of RS 20/- 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 78,000 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	Total	Total No. of Shares Appliedin Each Category	%to Total	Allocation per Applicant	Ratio of Allottees to the Applicant	Total No. of Shares Allotted
78,000	1	100.00	78,000	100.00	78,000	1:1	78,000
Total	1	100.00	78,000	100.00			76.000

B) Allocation to Retail Individual Investors (After Technical Rejections): The Basis of Allotment to the Retail Individual Investors, at the issue price of RS 20/- per Equity Share, was finalised in consultation with BSE. The total number of shares allocated in this calegory is 6,60,000 Equity Shares after adjusting for the purpose of rounding off to the nearest multiple of 6,000 Equity Share (Lot Size). The category was subscribed by 2.340 times. 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	Allocation per Applicant	Ratio of Allottees to the Applicant	Total No. of Shares Allotted
6,000	255	100.00	15,30,000	100.00	6,000	22:51	6,60,000
Total	255	100.00	15,30,000	100.00			6,60,000

C) Allocation to Non - Retail Individual Investors (After Technical Rejections): The Basis of Allotment to the Non - Retail Individual Investors, at the issue price of RS 20/- per Equity Share, was finalised in consultation with BSE. The total number of shares allocated in this category is 6,13,000 Equity Shares after adjusting for the purpose of rounding off to the nearest multiple of 6,000 Equity Share (Lot Size). The category was subscribed by 2.340 times. 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	Total	Allocation per Applicant	Ratio of Allottees to the Applicant	Total No. of Shares Allotted
12,000	52	59.09	6,24,000	43.15	12,000	23:52	2,76,000
18,000	22	25.00	3,96,000	27.39	12,000	7:11	1,66,000
24,000	5	5.63	1,20,000	8.30	12,000	4:5	46,000
30,000	7	7.95	2,10,000	14.52	2,000	1:1	84,000
36,000	1	1.14	36,000	2.49	18,000	1:1	16.003
60,000	1	1.14	60,000	4.15	24,000	1:1	24,000
Total	88	100.00	14,46,000	100.00			6,18,000

The Board of Directors of the Company at its meeting held on March 12,2014 has taken on record the Basis of Allotment of Equity Shares, as I approved by the Designated Stock Exchange viz. BSE and has authorized the corporate action for the allotment of the Equity Shares to various successful applicants.

The CAN-cum-Refund Advices and allotment advice and/ or notices have been dispatched to the address of the investors as registered with the depositories. Refunds have been made through ECS, Direct Credit and NEFT, into the Bank Accounts of the applicants, as registered with the depositories on or before March 13,2014. Further, the instructions to Self Certified Syrdicato Banks have been processed on or before March 13,2014. For other applicants Refund Orders have been dispatched to their address 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 Advices are accompanied with Demand Drafts which have been over-printed with the bank account details as registered, if any with the depositories. The Equity Shares allotted to successful applicants have been 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 12 working I days from the Closure of the Issue.

Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectus dated February 12,2014 ('Prospectus').

INVESTORS PLEASE NOTE

The details of the allotment made has been hosted on the website of the Registrar to the Issue, Big share Services Private Limited at Website ; http://www.biqsharelonline.com. All future correspondence in this regard may kindly be addressed to the Registrar to the Issue quoting full name of the Firs Sole applicant, 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 given below:

BIGSHARE SERVICES PRIVATE LIMITED
Contact Person:
Mr. Babu Rapheal C
E-2/3. Ansa Industrial Estate. Sakivihar Road, Sakinaka, Andheri (E). Mumbai-400 072
Tel: +91-22-4043 0200; Fax: +91-22-2847 5207
Email: ipo@bigshareonline.com
Investor Grievance
Email: investors@bigshareonline.com
Website: www.bigshareonline.com

Place: Paschim Medinipur Date: March 13.2014	For KARNIMATA COLD STORAGE LIMITED On behalf of the Board of Directors Sd/- Managing Director

Karnimata Cold Storage 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 Karnimata Cold Storage IPO .

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

Visit the Karnimata Cold Storage IPO allotment status page to check the number of shares allocated to your application.

In Karnimata Cold Storage 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 Karnimata Cold Storage IPO basis of allotment document to know how the shares are allocated in Karnimata Cold Storage IPO.

Karnimata Cold Storage IPO Basis of Allotment

Karnimata Cold Storage IPO Basis of Allotment FAQs

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