KHFM HOSPITALITY IPO Basis of Allotment

Our Company was incorporated as "Kalpataru's Hospitality and Facility Management Services Private Limited" as a Private Limited Company under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated January 27, 2006 issued by the Registrar of Companies, Maharashtra, Mumbai (CIN: 1174930MH2006PTC159290). Further, our Company changed its name pursuant to approval of the shareholders at an extraordinary general meeting held on July 18, 2012 and consequently, the name of our Company was changed to KHFM Hospitality and Facility Management Services Private Limited and a fresh certificate of incorporation was issued by Registrar of Companies, Maharashtra, Mumbai on August 10, 2012. Subsequently, our Company was converted into a public limited company pursuant to approval of shareholders at an Extra-Ordinary General meeting of our Company held on March 18, 2018, and the name of our Company was changed to "KHFM Hospitality and Facility Management Services Limited" vide a fresh certificate of incorporation dated May 30, 2018 bearing CIN: U74930MH2006PLC159290 issued by the Registrar of Companies, Maharashtra, Mumbai.

INITIAL PUBLIC ISSUE OF 29,50,000* EQUITY SHARES OF FACE VALUE OF Rs. 10 EACH (THE "EQUITY SHARES") OF KHFM HOSPITALITY AND FACILITY MANAGEMENT SERVICES LIMITED ("OUR COMPANY" OR "KHFM" OR "THE ISSUER") FOR CASH AT A PRICE OF Rs. 36.00 PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF Rs. 26 PER EQUITY SHARE) ("ISSUE PRICE") AGGREGATING TO Rs. 1062.00 LAKH ("THE ISSUE") OF WHICH UPT0 1,47,500 EQUITY SHARES AGGREGATING TO Rs. 53.10 LAKH WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER ("MARKET MAKER RESERVATION PORTION"). THE ISSUE LESS THE MARKET MAKER RESERVATION PORTION I.E. ISSUE OF UPTO 28,02,500 EQUITY SHARES OF FACE VALUE OF Rs. 10.00 EACH AT AN ISSUE PRICE OF Rs. 36.00 PER EQUITY SHARE AGGREGATING TO Rs. 1008.90 LAKH IS HEREINAFTER REFERRED TO AS THE "NET ISSUE" THE ISSUE AND THE NET ISSUE WILL CONSTITUTE UPTO 30.41% AND UPTO 28.89%, RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY.

*THE ISSUE SIZE 29,50,000 MENTIONED IN THE PROSPECTUS IS NOT DIVISIBLE BY 3000 SHARES LOT, HENCE THE COMPANY HAS REVISED ISSUE SIZE TO 29,49,000 SHARES AND REVISED 150000 SHARES TO MARKET MAKER,1401000 SHARES TO RETAIL INDIVIDUAL INVESTORS AND 1398000 SHARES TO OTHER INVESTORS.

THIS ISSUE IS BEING MADE IN TERMS OF SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2009 AND SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018 (THE "SEBI ICDR 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 253 OF THE SEBI (ICDR) REGULATIONS, 2018, AS AMENDED.

PROPOSED LISTING ON: FRIDAY, APRIL 12, 2019

The Equity Shares offered through the Prospectus are proposed to be listed on the Emerge Platform of NSE ("NSE SME Platform"). In terms of the Chapter IX of the SEBI (ICDR) Regulations, 2018, as amended, we are 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 16,2018 from NSE for using its name in the offer document for listing of our shares on the Emerge Platform of NSE. 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 from Friday, April 12, 2019, 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 and UNITED PAYMENT INTERFACE ("UPI") 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 568 applications for 29,97,000 equity shares resulting in 1.02 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 (including withdrawal) 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 April 09, 2019.

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

The Board of Directors of the Company at its meeting held on April 09, 2019 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz. National Stock Exchange of India and has authorized the corporate action 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 April 11, 2019. Further, the instructions to Self-Certified Syndicate Banks for unblocking the amount are being processed on or prior to April 10, 2019. 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 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 March 11, 2019 ("Prospectus").

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: