March 30, 2015 - April 8, 2015

O P Chains IPO Basis of Allotment

O. P. CHAINS LIMITED

Corporate Identification Number: U27205UP2001PLC026372
Our Company was originally incorporated on December 4,2001, as '0. R Chains Limited' under the provisions of the Companies Act, 1956 vide certificate of incorporation issued by the Registrar of Companies, Uttar Pradesh, Kanpur. Subsequently, our Company has received a Certificate of Commencement of Business dated December 7,2002 issued by the Registrar of Companies, Uttar Pradesh, Kanpur. For details, please see section titled 'History and Certain Corporate Matters' on page 106 of the Prospectus.

Registered Office: 8/16 A, Seth Gali, Agra - 282003, Uttar Pradesh, India Tel: +91 - 0562-3059117; Fax: +91 -0562- 4044990;
Email: cs@opchainsltd.com; Website: www.opchainsltd.com
Contact Person: Mrs. Swapnla Gupta (Company Secretary & Compliance Officer)

Promoters of our Company: Mr. Om Prakash Agarwal, Mr. Ashok Kumar Goyal & Mr. Satish Kumar Goyal

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 18,50,000 EQUITY SHARES OF FACE VALUE OF Rs 10.00 EACH ('EQUITY SHARES') OF 0. P. CHAINS LIMITED ('0. R CHAINS' OR 'OUR COMPANY' OR 'THE ISSUER') FOR CASH AT A PRICE OF Rs 11.00/- PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF Rs 1.00 PER EQUITY SHARE) ('ISSUE PRICE') AGGREGATING TO Rs 203.50 LAKHS ('THE ISSUE'), OF WHICH 1,00,000 EQUITY SHARES OF FACE VALUE OF Rs 10.00 EACH FOR CASH AT A PRICE OF Rs 11.00 PER EQUITY SHARE AGGREGATING TO Rs 11.00 LAKHS WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER ('MARKET MAKER RESERVATION PORTION'). THE ISSUE LESS THE MARKET MAKER RESERVATION PORTION I.E. ISSUE OF 17,50,000 EQUITY SHARES OF FACE VALUE OF Rs 10.00 EACH AT AN ISSUE PRICE OF Rs 11.00 PER EQUITY SHARE AGGREGATING TO Rs AND 25.54 %, RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY. FOR FURTHER DETAILS, PLEASE REFER 'TERMS OF THE ISSUE' ON PAGE 210 OF THE PROSPECTUS.
THIS ISSUE IS BEING MADE IN TERMS OF CHAPTER XB OF THE SEBI (ICDR) REGULATIONS, 2009, 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 43(4) OF THE SEBI (ICDR) REGULATIONS, 2009, AS AMENDED. FOR FURTHER DETAILS, SEE 'ISSUE RELATED INFORMATION' BEGINNING ON PAGE 210 OF THE PROSPECTUS..

THE FACE VALUE OF THE EQUITY SHARES IS Rs 10.00 EACH AND THE ISSUE PRICE IS Rs 11.00. THE ISSUE PRICE IS 1.1 TIMES OF THE FACE VALUE. ISSUE OPENED ON MONDAY, MARCH 30,2015. ISSUE CLOSED ON WEDNESDAY, APRIL 08,2015.

The Equity Shares offered through the Prospectus are proposed to be listed on the SME Platform of BSE Limited. In terms of the Chapter XB of the SEBI (ICDR) Regulations, 2009, as amended, we are not required to obtain an in-principle listing approval for the shares being offered in this issue. However, our Company has received in-principle approval letter dated November 19, 2014 from BSE for using its name in this offer document for listing of our shares on the SME Platform of BSE. For the purpose of this Issue, the Designated Stock Exchange will be the BSE Limited ('BSE'). The trading is proposed to be commenced on or before April 23,2015.*

*Subject to receipt of listing and trading approvals from the BSE Limited,

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 application amounts were blocked by Self Certified Syndicate Banks (the 'SCSBs').

SUBSCRIPTION DETAILS

The issue has received 180 applications for 28,30,000 equity shares resulting in 1.53 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 and after cheque returns):

Category	Number of Applications	%	Number of Equity Shares	%	Subscription
Market Maker	1	0.56	1,00,000	3.53	1
Retail Individual Investors	175	97.22	17,50,000	61.84	1.99
Other Than Retail Individual Investors	4	2.22	9,80,000	34.63	1.13
TOTAL	180	100.00	28,30,000	100.00	1.53

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

Category	No. of Applications	No. of Equity Shares
Market Maker	0	0
Retail Individual Investors	0	0
Other Than Retail Individual Investors	0	0
Total	0	0

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

Category	No. of Applications	%	Reserved Portion (as per Prospectus)	No. of Valid Shares applied	% of Total Applied	Subscription (Times)
Market Maker	1	100	1,00,000	1,00,000	100	1.00
Total	1	100	1,00,000	1,00,000	100	1.00

Category	No. of Applications	%	Reserved Portion (as per Prospectus)	Proportionate Issue Size (After rounding off)	No. of Valid Shares applied	% to Total Applied	Subscription (Times)
Retail Individual Investors	175	97.77	8,80,000	11,30,000	17,50,000	64.10	1.55
Other Than Retail Individual Investors	4	2.23	8,70,000	6,20,000	9,80,000	35.90	1.58
Total	179	100.00	17,50,000	17,50,000	27,30,000	100.00

Allocation: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - BSE Limited on April 16,2015

Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the issue price of Rs 11.00 per Equity Share, was finalized in consultation with BSE. The category was subscribed by 1.00 times. The total number of shares allotted in this category is 1,00,000 Equity Shares.

Allocation to Retail Individual Investors (After Technical Rejections): The Basis of Allotment to the Retail Individual Investors, at the issue price of Rs 11.00 per Equity Share, was finalised in consultation with BSE. The category was subscribed by 1.55 times i.e. for 17,50,000 Equity Shares. The total number of shares allotted in this category is 11,30,000 Equity Shares to 113 successful applicants.

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 This Category	%to Total	Proportionate Shares Available	Allocation per Applicant (Before Rounding off)	Allocation per Applicant (After Rounding off)	Ratio of allottees to applicant: RATI01	Ratio of allottees to applicant: RATIO 2	Number of successful applicants (after rounding off)	Total No. of Shares allocated/ allotted	No. of Shares Surplus/ Deficit
10,000	175	100	17,50,000	100	11,30,000	6,457.14	100.00	31	48	113	11,30,000	0
Total	175	100	17,50,000	100	11,30,000	6,457.14	100.00	31	48	113	11,30,000	0

Allocation to Other than Retail Individual Investors (After Technical Rejections & Withdrawal): The Basis of Allotment to Other than Retail Individual Investors, at the issue price of Rs 11.00 per Equity Share, was finalized in consultation with BSE. The category was subscribed 1.58 times i.e. for 9,80,000 The total number of shares allotted in this category is 6,20,000 Equity Shares to 4 successful applicants.
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 This Category	%to Total	Proportionate Shares Available	Allocation per Applicant (Before Rounding off)	Allocation per Applicant (After Rounding off)	Ratio of allottees to applicant: RATI01	Ratio of allottees to applicant: RATIO 2	Number of successful applicants (after rounding off)	Total No. of Shares allocated/ allotted	No. of Shares Surplus/ Deficit
50,000	1	25.00	50,000	5.10	31,633	31,632.65	30,000	1	1	1	30,000	(1,633)
2,30,000	1	25.00	2,30,000	23.47	1,45,510	1,45,510.20	1,50,000	1	1	1	1,50,000	4,490
3,00,000	1	25.00	3,00,000	30.61	1,89,796	1,89,795.92	1,90,000	1	1	1	1,90,000	204
4,00,000	1	25.00	4,00,000	40.82	2,53,061	2,53,061.22	2,50,000	1	1	1	2,50,000	(3,061)
Total	4	100	9,80,000	100	6,20,000	-	-	-	-	4	6,20,000	0

The Board of Directors of the Company at its meeting held on April 16,2015 has approved the Basis of Allocation of Equity Shares as approved by the Designated Stock 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 advices and allotment advice and/or notices are being dispatched to the address of the Applicants as registered with the depositories / as filled in the application form on or before 20th April, 2015. Further, the instructions to Self Certified Syndicate Banks for unblocking the amount have been processed on or prior to 17th April, 2015. Incase the Refunds the same has been made through Direct credit /RTGS/NEFT/NECS 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 Registrar 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 the SME Platform of BSE Limited within twelve 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 18, 2015 ('Prospectus').

INVESTORS PLEASE NOTE

The details of the allotment made has been hosted on the website of the Registrar to the Issue, Bigshare Services Private Limited at Website: http://www.bighshareonline. com. All future correspondence in this regard may kindly be addressed to the Registrar to the Issue quoting full name of the First/ 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

E2 Ansa Industrial Estate. Sakivihar Road, Sakinaka. Andheri East. Mumbai- 400072
Tel: +91 22 40430200; Fax: +91 22 28475207; Email: ipo@bigshareonline.com; Website: www.bigshareonline.com
SEBI Registration No.: INR000001385
Contact Person: Mr. Ashok Shetty

Place: Agra Date: April 18,2015	For O. P. CHAINS LIMITED On behalf of Board of Directors Sd/- Mr. Om Prakash Agarwal Managing Director

O P Chains 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 O P Chains IPO .

The O P Chains IPO basis of allotment (published above) tells you how shares are allocated to you in O P Chains IPO and category wise demand of IPO share.

Visit the O P Chains IPO allotment status page to check the number of shares allocated to your application.

In O P Chains 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 O P Chains IPO basis of allotment document to know how the shares are allocated in O P Chains IPO.

O P Chains IPO Basis of Allotment

O P Chains IPO Basis of Allotment FAQs

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