September 30, 2013 - October 3, 2013

Newever Trade Wings IPO Basis of Allotment

NEWEVER TRADE WINGS LIMITED

Our Company was incorporated as 'Newever Infrahomes Private Limtied' a private limited company under the Companies Act, 1956 pursuant to Certificate of incorporation dated April 27, 2012 issued by the Registrar of Companies, West Bengal. Subsequently, our Company was converted into a public limited company and the name of our Company was changed to 'Newever infrahomes Limited' pursuant to a Fresh Certificate of Incorporation dated June 7, 2012 issued by the Registrar of Companies. West Bengal The name of our Company was further was changed to 'Newever Trade Wings Limited' pursuant to a Fresh Certificate of incorporation dated June 17, 2013 issued by the Registrar of companies, West Bengal. Our corporate identification number is U74999WB2012PLC181106. For further details of our Company, please refer to the chapters titled 'General Information' and 'History and Certain Corporate Matters' beginning on page numbers 26 and 69. respectively, of the Prospectus.

Registerd Office: 238B, A. J. C. Bose Road. Unit 4B, Fourth Floor, Kolkata -700 020, West Bengal
Tel:+91 33 6501 6503, Fax: +91 33 2290 3867, Website: www.newever.in, E-mail: info@newever.in
Company Secretary and Compliance Officer Ms. Rashmi Singhal

OUR PROMOTER: DUNHIL HEALTHCARE PRIVATE LIMITED

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 63,20,000 EQUITY SHARES Of FACE VALUE OF RS.10 EACH ('EQUITY SHARES') OF NEWEVER TRADE WINGS LIMITED (THE 'COMPANY' OR THE 'ISSUER') FOR CASH AT PAR, AGGREGATING RS. 632.00 LACS ('THE ISSUE'), OF WHICH 3,20,000 EQUITY SHARES OF RS.10 EACH WILL BE RESERVED FOR SUBSCRIPTION BY THE MARKET MAKERS TO THE ISSUE (THE 'MARKET MAKER RESERVATION PORTION'). THE ISSUE LESS MARKET MAKER RESERVATION PORTION I.E. ISSUE OF 60,00,000 EQUITY SHARES OF RS.10 EACH FOR CASH AT PAR AGGREGATING RS.600.00 LACS IS HEREINAFTER REFERRED TO AS THE 'NET ISSUE'. THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 26.39% AND 25.06% RESPECTIVELY OF THE FULLY DILUTED POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR 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 60,00,000 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 THE EQUITY SHARES IS RS.10 EACH AND THE ISSUE PRICE OF RS.10 IS 1 TIME OF THE FACE VALUE
ISSUE OPENED ON MONDAY, SEPTEMBER 30, 3013 AND CLOSED ON THURSDAY, OCTOBER 3, 2013

PROPOSED LISTING: THURSDAY, OCTOBER 17, 2013*

The Equity Shares offered through this Prospectus are proposed to be listed on the SME Platform of BSE Limiled ('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-principal listing approval for the shares being offered in this Issue. However, our Company has received an approval letter dated September 20, 2013 from BSE for using its name in this Prospectus for listing of our Equity Shares on the SME Platform of BSE. For the purpose of this Issue, BSE shall be the Designated Stock Exchange. The trading is. proposed to be commenced with effect from Thursday, October 17, 2013*.

*subject to receipt of listing and trading approvals trom the BSE Limited.

All Applicant were allowed to participate in ihe issue through APPLICATIONS SUPPOSED BY BLOCKED AMOUNT ('ASBA') process by providing the details of their respective bank accounts in which the corresponding applicalion amounts were blocked by Self Certified Syndicate Banks (the 'SCSBs').

SUBSCRIPTION DETAILS

The issue has received 475 applications for 92,20,000 Equity Shares resulting in 1.46 times subscription (including reserved portion of Market Maker). The details of the applications received in the Issue (before technical rejections and after cheque returns) are as follows;

Detail of the Applications Received (Before Technical Rejection)

Category
No. of
Applications % No.of
Equity Shares % Subscription

Market Maker 1 0.21 3,20,000 3.47 1

Retail Individual Applicant 417 87.79 51,10,000 55.42 1.70

Non Institutional Applicant 57 12.00 37,90,000 41.11 1.26

Total 475 100.00 92,20,000 100.00 1.46

The details of applications rejected by the Registrar on technical ground / withdrawal are detailed below:
Technical rejection / withdrawal

CATEGORY
NO. OF
APPLICATIONS NO. Of
EQUITY SHARES

Market Maker Nil Nil

Retail Individual Applicant 36 4,50,000

Non Institutional Applicant Nil Nil

Total 36 4,50,000

After eliminating Technically Rejected applications, the following tables gives the details of category wise net valid applications:
After technical rejections:

CATEGORY NO. OF
APPLICATIONS % NO. OF EQUITY
SHARES (VALID) % SUBSCRIPTION NO. Of
EQUITY SHARES
(ALLOTTED)

Market Maker 1 0.23 3,20,000 3.65 1 3,20,000

Retail Individual Applicant 381 86.79 40,60,000 53.14 1.41 33,10,000

Non Institutional Applicant 57 12.98 37,90,000 43.22 1.41 26,90,000

Total 439 100.00 87,70,000 100.00 1.39 63,20,000

The Basis of Allotment was finalised in Consultation with the Designated Stock Exchange - BSE Limited on October 11, 2013.

A. Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the issue price of Rs.10/- 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 3,20,000 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 10/- per equity shares , was finalised in consultation with BSE. The category was subscribed by 1.41 times. The total number of shares allotted in this category is 33,10,000 equity shares.
*The retail category has applied for 55.15% of the valid applications under the net offer to public. Further owing to rounding off, 1,124 additional shares have been apportioned to be allotted to retail investors.

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 Proportionate Shares Available Allocation Per Applicant Before Rounding Off Allocation Per Applicant After Rounding Off Ratio of Allottees to Applicants Tolal No.
of Shares Allotted Surplus
/Defecit

10,000 296 77.69 29,60,000 63.52 21,01,775 7,100.09 10,000.00 64:77 24,60,000 3,58,225

20,000 85 22.31 17,00,000 36.48 12,07,101 14,201.18 10,000.00 1:1 8,50,000 -3.57,101

Total 381 100.00 46,60,000 100.00 33,08,876 33,10,000 1,124

C. Allccalion to Other than Retail Individual Investors (After Technical Rejections): The Basis of Allotment to the Non Institutional Investors, at the issue price of Rs.10/- per Equity Share, was flinalised in consultation with BSE. The category was subscribed 1.41 times. The total number of shares allotted in Ihis category is 26,90,000 Equity Shares.

^The non-retail category has applied for 44.85% of the valid applications under the net offer to public. Further owing to roundig off 1,124 less shares have been apportioned to be allotted to the non retail investors.
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 Proportionate Shares Available Allocation Per Applicant Before Rounding Off Allocation Per Applicant After Rounding Off Ratio of Allottees to Applicants Tolal No.
of Shares Allotted Surplus
/Defecit

30,000 17 29.82 5,10,000 13.46 3,62,130 21,301.77 20,000 1:1 3,40,000 -22,130

40,000 6 10.53 2,40,000 6.33 1,70,414 28,402.36 30,000 1:1 1,80,000 9,586

50,000 10 17.54 5,00,000 13.19 3,55,029 35,502.96 30,000 1:1 3,00,000 -55,029

10,000.00 10,000 7:10 70,000 70,000

70,000 1 1.75 70,000 1.85 49,704 49,704.14 50,000 1:1 50,000 296

80,000 5 8.77 4,00,000 10.55 2,84,034 56,804.73 60,000 1:1 3,00,000 15,976

1,00,000 13 22.81 13,00,000 34.30 9,23,077 71,005.91 70,000 11 9,10,000 -13,077

1,30,000 3 5.28 3,90,000 10.29 2,76,923 92,307.68 90,000 11 2,70,000 -6,923

1,80,000 1 1.75 1,80,000 4.75 1,27,811 1,27,810.64 1,30,000 1:1 1,30,000 2,189

2,00,000 1 1.75 2,00,000 5.28 1,42,012 1,42,011.82 1,40,000 1:1 1,40,000 -2,012

Total 57 100.00 37,90,000 100.00 26,91,124 26,90,000 -1,124

The Board of Directors of the Company at its meeting held on October 11, 2013 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Sidck Exchange viz. BSE Limited and has authorized the corporate action for the transfer of the Equity Shares to various successful applicants.

The CAN-cum-Refund Orders and allotment advice and/or notices are being dispatched to the address of the Applicants as registered with the depositories on October 14, 2013. Futher, the instructions to Self Certified Syndicate Banks have been dispatched on or prior to October 14, 2013. In case the same is not received within l0 days, investors may contact at the address giver below. Refunds have been made through Direct credit, RTGS and NEFT. into the Bank Accounts of the applicants, as registered with the depositories. 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 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 deteils with the depositories concerned. The Company is taking sleps to get the Equity Shares admittad for teading on the SME Platform of BSE Limited within twelve work 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 September 20, 2013 ('Prospectus').

INVESTORS PLEASE NOTE

The details of the allotment made would also be hosted on the Registrar to the Issue, SHAREPRO SERVICES (INDIA) PRIVATE LIMITED at www.shareproservices.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 Farm, 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:

SHAREPRO SERVICES (INDIA) PRIVATE LIMITED
13AB, Samhita Warehousing Complex, Sakinaka Telephone Exchange Lane,
Off Andheri Kurla Road, Sakinaka, Andheri (East), Mumbai - 400 072, Maharashtra
Tel No: +91 - 22 - 6191 5400 / 5402; Fax No: +91 - 22 - 6191 5444
Website: www.shareproservices.com
Email: sme.ipo@shareproservices
SEBI Registration No: INR000001476
Contact Person: Subhash Dhingreja

Plaee: Kolkata
Date : October 14, 2013
For Newever Trade Winge Limited
On behalf of the Board of Directors
Sd/-
Sharad Jhunjhunwala
Managing Director

Newever Trade Wings 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 Newever Trade Wings IPO .

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

Visit the Newever Trade Wings IPO allotment status page to check the number of shares allocated to your application.

In Newever Trade Wings 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 Newever Trade Wings IPO basis of allotment document to know how the shares are allocated in Newever Trade Wings IPO.

Newever Trade Wings IPO Basis of Allotment

Newever Trade Wings IPO Basis of Allotment FAQs

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