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March 31, 2017 - April 7, 2017

M K Proteins IPO Basis of Allotment

M K PROTEINS LIMITED

CIN No.: U15500HR2012PLC046239

Our Company was incorporated as M K Proteins Private Limited under the provisions of the Companies Act, 1956 vide certificate of incorporation dated June 15, 2012. Subsequently, our Company was converted into public limited company and the name of our Company was changed to 'M K Proteins Limited' pursuant to shareholder's resolution dated January 20,2017 and vide fresh certificate of incorporation dated February 08,2017. For further details, please refer to chapter titled 'Our History and Certain Other Corporate Matters' beginning on page 115 of the Prospectus.

Registered Office: Naraingarh Road, Vill. Garnala Ambala City, Haryana -134003. | Tel No.: +91 171 2679157,2679358 | Email: info@mkproteins.in Website: www.mkproteins.in | Contact Person: Mr. Vinod Kumar, Managing Director

Promoters of Our Company: Mr. Vinod Kumar, Mr. Raj Kumar,
Mr. Parvind Kumar and Parmod Kumar (HUF)

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 14,62,000 EQUITY SHARES OF FACE VALUE OF RS 10 EACH FULLY PAID UP OF M K PROTEINS LIMITED ('MKP' OR THE 'COMPANY' OR THE 'ISSUER') FOR CASH AT A PRICE OF RS 70 PER EQUITY SHARE (THE 'ISSUE PRICE') (INCLUDING A SHARE PREMIUM OF RS 60 PER EQUITY SHARE AGGREGATING RS 1023.40 LAKHS (THE 'ISSUE') BY OUR COMPANY OF WHICH 74,000 EQUITY SHARES OF RS 10 FULLY PAID UP EACH 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 13,88,000 EQUITY SHARES OF RS 10 EACH FULLY PAID UP IS HEREINAFTER REFERRED TO AS THE 'NET ISSUE'. THE ISSUE WILL CONSTITUTE 35.05% 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 239 OF THE PROSPECTUS.

THE FACE VALUE OF THE EQUITY SHARES IS RS 10 EACH.
THE ISSUE PRICE IS RS 70. THE ISSUE PRICE IS 7.00 TIMES THE FACE VALUE.
ISSUE OPENED ON: MARCH 31,2017
ISSUE CLOSED ON: APRIL 07,2017
PROPOSED LISTING: TUESDAY, APRIL 18,2017'

The Equity Shares offered through the Prospectus are proposed to be listed on the NSE Emerge Platform ('NSE'). The Company has received an in-principle approval letter dated March 17,2017 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 Tuesday, April 18,2017*
*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 application amounts were blocked by Self Certified Syndicate Banks (the 'SCSBs').


SUBSCRIPTION DETAILS

The Issue has received 237 applications for 17,42,000 Equity Shares resulting in 1.19 times subscription (including reserved portion of Market Maker). The details of the applications received and banked in the Issue (before technical rejections) are as follows:
Details of the Applications Received and Banked (Before Technical Rejection):

Category No. of Applications % No. of Equity Shares % Subscription (Times)
Market Makers 1 0.42 74000 4.25 1.00
Retail Individual Investors 176 74.26 352000 20.21 0.51
Other than Retail Individual Investors 60 25.32 1316000 75.54 1.90
TOTAL 237 100.00 1742000 100.00 1.19

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

Category No. of Applications No. of Equity Shares
Market Makers Nil Nil
Retail Individual Investors 4 8000
Other than Retail Individual Investors 1 6000
Total 5 14000

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

Category No. of Applications % Issue Size (as per Prospectus) No. of Valid Shares applied Subscription (Times)
Market Makers 1 0.43 74000 74000 1.00
Retail Individual Investors 172 74.14 694000 344000 0.50
Other than Retail Individual Investors 59 25.43 694000 1310000 1.89
TOTAL 232 100.00 1462000 1728000 1.18

Allocation: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - National Stock Exchange of India Limited on April 12,2017.

A. Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the issue price of Rs 70 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 74,000 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 70 per Equity Share, was finalized in consultation with NSE. The category was subscribed by 0.50 times. The total number of shares allotted in this category is 344000 Equity Shares to 172 successful applicants.

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

No. of
Shares
Applied for
(Category
wise)
No. of
Appli
cations
received
% to
Total
Total No. of
Equity Shares
applied in
this Category
% of
total
Proporti
nate
Shares
Available
Allocation
per Applicant
(Before
Rounding Off)
Allocation
per Applicant
(After
Rounding Off)
Ratio of
Allottees
to Appli
Cant:
Ratio 1
Ratio of
Allottees
to Appli
Cant:
Ratio 2
Number of
Successful
applicants
(after
rounding off)
Total No.
of Equity
Shares
allocated/
allotted
No. of
Shares
Surplus/
Deficit
2000 172 100.00 344000 100.00 694000 2000 2000 1 1 172 344000 350000
Total 172 100.00 344000 100.00 694000 172 344000 350000

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 70 per Equity Share, was finalized in consultation with NSE. The category was subscribed 1.89 times. The total number of shares allotted in this category is 1044000 Equity Shares to 56 successful applicants. Equity shares allotted in this category includes original reservation of 694000 equity shares and spill over from Retail Individual Investors Category of 350000 equity shares. The Category-wise details of the Basis of Allotment are as under:

No. of
Shares
Applied for
(Category
wise)
No. of
Appli
cations
received
%
to
Total
Total No. of
Equity Shares
applied in
this Category
%
of
total
Proporti
nate
Shares
Available
Allocation
per Applicant
(Before
Rounding Off)
Allocation
per Applicant
(After
Rounding Off)
Ratio of
Allottees
to Appli
Cant:
Ratio 1
Ratio of
Allottees
to Appli
Cant:
Ratio
2
Number of
Successful
applicants
(after
rounding off)
Total No.
of Equity
Shares
allocated/
allotted
No. of
Shares
Surplus/
Deficit
4000 15 25.42 60000 4.58 47817 3187.79 4000 12 15 12 48000 183
6000 8 13.56 48000 3.66 38253 4781.68 4000 1 1 8 32000 -6253
8000 4 6.78 32000 2.44 25502 6375.57 6000 1 1 4 24000 -1502
10000 5 8.47 50000 3.82 39847 7969.47 8000 1 1 5 40000 153
14000 7 11.86 98000 7.48 78101 11157.25 12000 1 1 7 84000 5899
16000 3 5.08 48000 3.66 38253 12751.15 12000 1 1 3 36000 -2253
20000 1 1.69 20000 1.53 15939 15938.93 16000 1 1 1 16000 61
22000 2 3.39 44000 3.36 35066 17532.82 18000 1 1 2 36000 934
30000 1 1.69 30000 2.29 23908 23908.40 24000 1 1 1 24000 92
32000 1 1.69 32000 2.44 25502 25502.29 26000 1 1 1 26000 498
36000 2 3.39 72000 5.50 57380 28690.08 28000 1 1 2 56000 -1380
40000 3 5.08 120000 9.16 95634 31877.86 32000 1 1 3 96000 366
64000 1 1.69 64000 4.89 51005 51004.58 52000 1 1 1 52000 995
70000 2 3.39 140000 10.69 111573 55786.26 56000 1 1 2 112000 427
72000 1 1.69 72000 5.50 57380 57380.15 58000 1 1 1 58000 620
96000 1 1.69 96000 7.33 76507 76506.87 76000 1 1 1 76000 -507
142000 2 3.44 284000 21.67 226333 113166.41 114000 1 1 2 228000 1667
Total 59 100 131000 100 1044000 56 1044000

The Board of Directors of the Company at its meeting held on April 12,2017 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz. National Stock Exchange of India Limited and has authorized the corporate action for the transfer of the Equity Shares to various successful applicants. The CAN and allotment advice and/or notices will be dispatched to the address of the Applicants as registered with the depositories on or before April 17,2017. Further, the instructions to Self Certified Syndicate Banks for unblocking the amount are being processed on or prior to April 13, 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 March 27,2017 ('Prospectus').

INVESTORS PLEASE NOTE

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:

BIGSHARE SERVICES PRIVATE LIMITED
E2 Ansa Industrial Estate, Sakivihar Road. Sakinaka, Andheri East. Mumbai - 400072
Tel: +91 22 40430200; Fax: +91 22 28475207; E-mail: ipo@bigshareonline.com
Website: www.bigshareonline.com: Contact Person: Mr. Jibu John: SEBI Registration No.: INR000001385

Place: Ambala

Date: April 12,2017

For MK PROTEINS LIMITED
On behalf of the Board of Directors
Sd/-
Managing Director

M K Proteins 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 M K Proteins IPO .

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

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

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