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March 31, 2016 - April 6, 2016

Raghav Ramming IPO Basis of Allotment

RAGHAV RAMMING MASS LIMITED

Corporate Identity Number: - UZ7109RJ2009PLC030511

Our Company was incorporated as Raghav Ramming Mass Private Limited on December 16. 2009 under the provisions of Companies Act. 1956 with Registrar of Companies. Ra(as than. Jaipur vide registration no. 17- 030511 (CIN: U27109RJ2009PTC030511). Pursuant to Shareholders Resolution passed at the Extraordinary General Meeting held on October 29. 2015. our Company was converted in to a Public Limited Company and the name was changed to 'Raghav Ramming Mass Limited' and a Fresh Certificate of Incorporation dated December 01,2015 was issued by the Registrar of Companies. Rajasthan. Jaipur. For further details of the Company. please see section titled 'History and Certain Corporate Matters' on page 117 of the Prospectus.

Registered Office: Office No. 36,4 floor. Alankar Plaza, A-10, Central Spine. Vidhyadhar Nagar. Jaipur-302023. Rajasthan. India
Corporate Office: 409. Alankar Plaza. Vidhyadnar Nagar. Jaipur. Rajasthan. India Tel No: +91-141-2235760: Fax No: +91-141-2235761: E-mail: cs@rammingmass.com. Website: www.rammingmass.com Contact Person: Mr. Bhanu Pratap Shah (Company Secretary & Compliance Officer)

PROMOTER OF OUR COMPANY: Mr. RAJESH KABRA, Mr. SANJAY KABRA, Mrs. RASHMIKABRA AND Mrs. SAVITA KABRA

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 19,20.000 EQUITY SHARES OF FACE VALUE OF RS 10.00 EACH OF RAGHAV RAMMING MASS LIMITED ('OUR COMPANY' OR 'THE ISSUER') FOR CASH AT A PRICE OF RS 39.00 PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF RS 29.00 PER EQUITY SHARE) ('ISSUE PRICE') AGGREGATING TO RS 748.80 LAKHS ('THE ISSUE'). OF WHICH 96,000 EQUITY SHARES OF FACE VALUE OF RS 10.00 EACH FOR A CASH PRICE OF RS 39.00 PER EQUITY SHARE. AGGREGATING TO RS 37.44 LAKHS WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER ('MARKET MAKER RESERVATI ON PORTION'). THE ISSU E LESS THE MARKET MAKER RESERVATION PORTION I.E. ISSUE OF 18.24.000 EQUITY SHARES OF FACE VALUE OF RS 10.00 EACH AT AN ISSUE PRICE OF RS 39.00 PER EQUITY SHARE AGGREGATING TO RS 711.36 LAKHS (IS HEREINAFTER REFERRED TO AS THE 'NET ISSUE'). THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 26.74% AND 25.41%. RESPECTIVELY OF TH E POST ISSUE PAI0 UP EQUITY SHARE CAPITAL OF OUR COMPANY. FOR FURTHER DETAILS, PLEASE REFER TO SECTION TITLED 'TERMS OF THE ISSUE' BEGINNING ON PAGE 225 OF THE PROSPECTUS.
THIS ISSUE IS BEING MADE IN TERMS OF CHAPTER XB OF THE SEBI (ICDR) REGULATIONS, 2009 AS AMENDED FROM TIME TO TIME. THIS ISSUE IS A FIXED PRICE ISSUE AND ALLOCATION IN THE NETISSUE TO THE PUBLIC WILL BE MADE IN TERMS OF REGULATION 43(4) OF THE SEBI (ICDR) REGULATION 2009. AS AMENDED. FOR FURTHER DETAILS PLEASE REFER TO SECTION TITLED 'ISSUE PROCEDURE' BEGINNING ON PAGE 233 OF THE PROSPECTUS.


THE FACE VALUE OF THE EQUITY SHARES IS RS 10 EACH AND THE ISSUE PRICE IS 39 EACH. THE ISSUE PRICE IS 3.9 TIMES OF THE FACE VALUE.

ISSUE OPENED ON THURSDAY, MARCH 31, 2016 AND CLOSED ON WEDNESDAY, APRIL 06, 2016

The Equity Shares offered through Prospectus are proposed to be listed on the SME Platform of  BSE Limited ('BSE'). 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 an in-principle approval letter dated February 22.2016 from BSE for using its name in 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 about Wednesday, April 13,2016*.
'Subject to receipt of listing and trading approvals from the BSE Limited.
All Applicants were allowed to participate in the Issue through Application Supported by Blocked Amount ('ASBA') process by providing the details of the respective bank accounts in which the corresponding application amounts were blocked by Self Certified Syndicate Banks (the 'SCSBs').

SUBSCRIPTION DETAILS

The Issue has received 319 applications for 26.25.000 Equity Shares resulting in 1.37 times subscription (including reserved portion of market maker). The details of the applications received in the Issue (before technical rejections) are as follows:
Details of the Applications Received (Before Technical Rejection):

Category No. of Applicants % to Total No. of Equity Shares % to Total Subscription (Times)
Market Maker 1 0.31 96.000 3.66 1
Retail Individual Investors 290 90.91 8.70,000 33.14 0.95
Other than Retail Individual Investors 28 8.78 16,59,000 63.20 1.82
TOTAL 319 100.00 26,25.000 100.00 1.37

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

Category No. of Applicants No. of Equity Shares
Market Maker N N
Retail Individual Investors 2 6.000
Other than Retail Individual Investors 2 3.60.000
Total 4 3,66,000

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

Category No. of Applicants % to Total Reserved Portion (as per Prospectus) No. of Valid Shares applied % of Total Applied Subscription (Times)
Market Maker 1 100.00 96.000 96.000 100.00 1.00
Total 1 100.00 96.000 96.000 100.00 1.00
Category No. of Applications % to Total Reserved Portion (as per Prospectus) Proportionate Issue Size (After rounding off) No. of Valid Shares applied % of Total Applied Subscription (Times)
Retail Individual Investors 288 91.72 9.12.000 8,64,000 8.64.000 39.94 0.95
Other than Retail Individual Investors 26 8.28 9.12.000 9.60.000 12.99.000 60.06 1.42
Total 314 100.00 18.24.000 18.24.000 21.63.000 100.00

Allocation; The Basis of Allotment was finalized in consultation win the Designated Stock Exchange - BSE Limited on April 8. 2016.

A) Allocation to Market Maker (After Technical Rejections & Withdrawal): The Basts of Allotment to the Market Maker, at the issue price of Rs.39 per Equity Share, was finalised in consultation with BSE The category was subscribed by 1.00 time. The total number of shares allotted in this category is 96.000 Equity shares.
B) Allocation to Retail Individual Investors (After Technical Rejections & Withdrawal): The Basis of Allotment to the Retail Individual Investors, at the issue price of Rs. 39 per Equity Share, was finalized in consultation with BSE. The category was subscribed by 0.95 times i.e. for 8,64.000 Equity Shares. Total number of shares allotted in this category is 8.64.000 Equity Shares to 288 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 applicants
RATI01
Ratio of allottees to applicants
RATIO 2
Number of successful applicants (after rounding off) Total no. of Shares Allocated'
allotted
No. of Shares Surplus, Deficit
3,000 288 100.00 8,64,000 100.00 9,12,000 3000 3000 1 1 288 8,64,000 48000
TOTAL 288 100.00 8,64,000 100.00 9.12.000 3000 3000 1 1 288 8,64,000 48000*

* The Unsubscribed portion of 48000 shares in retail category has been allocated to Non retail Category.

C) 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.39 per Equrty Share, was finalized in consultation with BSE. The category was subscribed by 1.42 times i.e. for 12.99.000 shares the total number of shares allotted in this category is 9.60.000 Equity Shares to 26 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 applicants:
RATI01
Ratio of allottees to applicants:
RATIO 2
Number of successful applicants (after rounding off) Total no. of Shares Allocated'
allotted
No. of Shares Surplus, Deficit
6000 5 19.23 30000 2.31 22171 4434.18 3000 1 1 5 15000 (7171)
6000 3000 2 5 6000 6000
9000 3 11.54 27000 2.08 19954 6651.27 6000 1 1 3 18000 (1954)
12000 1 3.36 12000 0.92 8868 8868.36 9000 1 1 1 9000 132
18000 1 3.85 18000 1.39 13303 13302.54 12000 1 1 1 12000 (1303)
21000 1 3.85 21000 1.62 15520 15519.63 15000 1 1 1 15000 (520)
27000 1 3.85 27000 2.08 19954 19953.81 21000 1 1 1 21000 1046
33000 2 7.69 66000 5.08 48776 24387.99 24000 1 1 2 48000 (776)
36000 1 3.85 36000 2.77 26605 26605.08 27000 1 1 1 27000 395
39000 1 3.85 39000 3.00 28822 28822.17 30000 1 1 1 30000 1178
45000 2 7.69 90000 6.93 66513 33256 35 33000 1 1 2 66000 (513)
51000 3 11.54 153000 11.78 113072 37690.53 36000 1 1 3 108000 (5072)
51000 3000 2 3 6000 6000
60000 1 3.85 60000 4.62 44342 44341.80 45000 1 1 1 45000 658
81000 1 3.85 81000 6.24 59861 59861.43 60000 1 1 1 60000 139
102000 1 3.85 102000 7.85 75381 75381.06 75000 1 1 1 75000 (381)
129000 1 3.85 129000 9.93 95335 95334.87 90000 1 1 1 96000 665
408000 1 3.85 408000 31.41 301523 301524.25 303000 1 1 1 303000 1477
TOTAL 26 100.00 12,99.000 100.00 9.60.000 26 9.60.000 0

The Board of Directors of the Company at its meeting held on April 09. 2016 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 and allotment advice and/a notices are being dispatched to the address of the Applicants as registered with the depositories, as filled in the application form on or about 12 April. 2016. Further, the instructions to Self Certified Syndicate Banks for unblocking the amount have been issued on 11 April. 2016. 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. In case the same is not receiwd within prescribed time, investors may contact the registrar to the Issue at the address given below. The Company is taking steps to get the Equity Shares admitted for trading on the SME Plattorm of BSE Limited 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 meanings assigned to them in the Prospectus dated March 14,2016 ('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 quotinng 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. Maharashtra. India.
Tel: +91 22 40430200: Fax: +91 22 28475201:
E mail: ipo@bigshareonline.com: Investor Grievance Email: investor@bigshareonline.com: Website: www.bigshareonline.com
Contact Person: Mr. Ashok Shetty: SEBI Registration No.: MBINR000001385

Place : Jaipur
Date : April 11. 2016

For RAGHAV RAMMING MASS LIMITED
On behafl ol Board ol Directors
Mr. Rajesh Kabra
Managing Director

Raghav Ramming 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 Raghav Ramming IPO .

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

Visit the Raghav Ramming IPO allotment status page to check the number of shares allocated to your application.

In Raghav Ramming 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 Raghav Ramming IPO basis of allotment document to know how the shares are allocated in Raghav Ramming IPO.