December 30, 2013 - January 6, 2014

RCI Industries IPO Basis of Allotment

RCI INDUSTRIES & TECHNOLOGIES LIMITED

Our Company was incorporated as 'Rameshchand Industries Limited' under the provisions of the Companies Act, 1956 vide certificate of incorporation dated January 7,1992 bearing registration no. 55-47055 in Delhi. Subsequently, the name our Company was changed to 'RCI Industries & Technologies Limited' vide fresh certificate of incorporation dated February 1, 2000. The Corporate Identification Number of Our Company is U74900DL1992PLC047055. For details of change in registered office of our Company please refer to chapter titled 'Our History and Certain Other Corporate Matters' beginning on page 113 of the Prospectus.

Registered Office: B-97, All Heavens Building.Wazirpur Ring Road, Delhi -110052, India
Tel No:+91 11 27372194/27372197; Fax No:+91 11 27371334; E-mail: info@rciind.com; Website: www.rciind.com
Contact Person: Ms. Jaya Arora, Company Secretary and Compliance Officer.
PROMOTER OF OUR COMPANY: MR. RAJEEV GUPTA

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 28,80,000 EQUITY SHARES OF FACE VALUE OF RS. 10 EACH OF RCI INDUSTRIES & TECHNOLOGIES LIMITED ('RCI' OR 'OUR COMPANY' OR 'THE ISSUER') FOR CASH AT A PRICE OF RS. 40 PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF RS. 30 PER EQUITY SHARE) ('ISSUE PRICE') AGGREGATING TO RS. 1152 LAKHS (THE 'ISSUE'), OF WHICH 1,44,000 EQUITY SHARES OF FACE VALUE OF RS. 10 EACH WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER ('MARKET MAKER RESERVATION PORTION'). THE ISSUE LESS THE MARKET MAKER RESERVATION PORTION I.E. ISSUE OF 27,36,000 EQUITY SHARES OF FACE VALUE OF RS. 10 EACH AT AN ISSUE PRICE OF RS. 40 PER SHARE AGGREGATING TO RS. 1094.40 LAKHS (HEREINAFTER REFERRED TO AS THE 'NET ISSUE'). THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 26.42% AND 25.10%, RESPECTIVELY OF THE 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 ISSUE OF 27,36,000 EQUITY SHARES, NOT LESS THAN 50% SHALL BE AVAILABLE TO RETAIL INDIVIDUAL INVESTORS AND THE REMAINING TO INDIVIDUAL APPLICANTS OTHER THAN RETAIL INDIVIDUALS 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. 40 IS 4 TIMES OF THE FACE VALUE.

ISSUE OPENED ON MONDAY, DECEMBER 30,20131 ISSUE CLOSED ON MONDAY, JANUARY 06,2014

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 an approval letter dated December 02,2013 from BSE for using its name in the Prospectus 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 commence on or before January 21,2014 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 141 applications for 32,82,000 Equity Shares (including Market Maker Application of 1,44,000) resulting 1.14 times subscription. After Considering, technical rejections cases of 1 application for 3,000 Equity Shares, the Issue was subscribed 1.14 times. The details of the applications received in the Issue (before technical rejections) are as follows:

Detail of the Applications Received (Before Technical Rejection & withdrawal of application):

Category	No. of Applications	%	No. of Equity Shares	%	Subscription (Times)
Market Maker	1	0.71	1,44,000	4.39	1.00
Other than Retail Individual Investors	45	31.91	28,53,000	86.93	1.16
Retail Individual Investors	95	67.38	2,85,000	8.68	0.21
Total	141	100.00	32,82,000	100.00	1.14

The details of applications rejected by the Registrar on technical grounds are detailed below:

Category	No. of Applications	%	Issue Size	No. of Valid Shares applied	% to Total Applied
Retail Individual Investors	1	100.00	3,000	3,000	100.00
Total	1	100.00	3,000	3,000	100.00

Details of the Applications Received (After Technical Rejection & withdrawal):

Category	No. of Applications	%	Issue Size (as per Prospectus)	No. of Valid Shares applied	% to Total Applied	Subscription (Times)
Market Maker	1	0.714	1,44,000	1,44,000	4.39	1.00
Other than Retail Individual Investors	45	32.143	13,68,000	28,53,000	87.01	1.16
Retail Individual Investors	94	67.143	13,68,000	2,82,000	8.60	0.21
Total	140	100.00	28,80,000	32,79,000	100.00	1.14

Allocation: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - BSE Limited on January 14,2014

A. Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the issue price of Rs. 40/- per Equity Share, was finalized in consultation with BSE. The category was subscribed by 1.00 time. The total number of shares allotted in this category is 1,44,000 Equity Shares in full out of reserved portion of 1,44,000 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. 40/- per Equity share, was finalized in consultation with BSE. The category was subscribed by 0.21 times i.e. for 2,82,000 Equity Shares against 13,68,000 shares available. The total number of shares allotted in this category is 2,82,000 Equity Shares to 94 successful applicants.

No. of Shares applied for (Category wise)	Number of applications received	%To Total	Total No. of Shares applied in each category	%To Total	Proportionate shares available	Allocation per Applicant (after rounding off)	Ratio of allottees to applicants	No. of successful applicants (after rounding off)	Total No. of Shares allocated/ allotted	No. of Shares Surplus/ Deficit
3,000	94	100.00	2,82,000	100.00	13,68,000	3,000	1:1	94	2,82,000	10,86,000
Total	94	100.00	2,82,000	100.00	13,68,000			94	2,82,000	10,86,000

C. Allocation to Other than Retail Individual Investors (After Technical Rejections & Withdrawal): The Basis of Allotment to the Non Institutional Investors, at the issue price of Rs. 40/- per Equity Share, was finalized in consultation with BSE. The category was subscribed 1.16 times i.e. for 28,53,000 Equity Shares. The total number of shares allotted in this category is 24,54,000 Equity Shares including spill over of 10,86,000 Equity shares from retail category. The category wise basis of allotment is as under:

No. of Shares applied for (Category wise)	Number 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: RATIO1	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
6,000	15	33.33	90,000	3.15	77,413	5,160.87	6,000	1	1	15	90,000	-12587
9,000	1	2.22	9,000	0.32	7,741	7,741.00	9,000	1	1	1	9,000	-1259
12,000	4	8.89	48,000	1.68	41,287	10,321.75	9,000	1	1	4	36,000	5287
24,000	4	8.89	96,000	3.36	82,574	20,643.50	21,000	1	1	4	84,000	-1426
27,000	1	2.22	27,000	0.95	23,224	23,224.00	24,000	1	1	1	24,000	-776
33,000	2	4.44	66,000	2.31	56,770	28,385.00	27,000	1	1	2	54,000	2770
36,000	1	2.22	36,000	1.26	30,965	30,965.00	30,000	1	1	1	30,000	965
48,000	1	2.22	48,000	1.68	41,287	41,287.00	42,000	1	1	1	42,000	-713
51,000	7	15.56	3,57,000	12.51	3,07,073	43,867.57	42,000	1	1	7	2,94,000	13073
							**3,000	1	7		3,000	-3000
63,000	2	4.44	1,26,000	4.42	1,08,379	54,189.50	54,000	1	1	2	1,08,000	379
75,000	2	4.44	1,50,000	5.26	1,29,022	64,511.00	66,000	1	1	2	1,32,000	-2978
99,000	1	2.22	99,000	3.47	85,155	85,155.00	84,000	1	1	1	84,000	1155
2,01,000	1	2.22	2,01,000	7.05	1,72,890	1,72,890.00	1,74,000	1	1	1	1,74,000	-1110
3,00,000	1	2.22	3,00,000	10.52	2,58,044	2,58,044.00	2,58,000	1	1	1	2,58,000	44
4,95,000	1	2.22	4,95,000	17.35	4,25,773	4,25,773.00	4,26,000	1	1	1	4,26,000	-227
7,05,000	1	2.22	7,05,000	24.71	6,06,403	6,06,403.00	6,06,000	1	1	1	6,06,000	403
Total	45	100.00	28,53,000	100.00	24,54,000					45	24,54,000	0

** 3,000 surplus shares are allotted by 'draw of lots' to 1 out of 7 applicants who applied for 51,000 shares.

The Board of Directors of the Company vide circular resolution dated January 14,2014 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz. BSE Ltd 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 January 16,2014. Further, the instructions to Self Certified Syndicate Banks for unblocking the amount are being processed on or prior to January 16,2014. 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 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 December 19,2013 ('Prospectus').

INVESTORS PLEASE NOTE

The details of the allotment made would also be hosted on the website of the Registrar to the Issue, RCMC SHARE REGISTRY PRIVATE LIMITED at www.rcmcdelhi.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:

RCMC SHARE REGISTRY PRIVATE LIMITED
B-l06,Sector-2, Noida U.P.201301
Tel: +91 120 4015880; Fax: +91 120 2444346; Email: ipo.rci@rcmcdelhi.com
Website: www.rcmcdelhi.com; Contact Person: Mr. Ravinder Dua
SEBI Registration No.: INR000000429

Date: January 15,2014 Place: Delhi	For RCI INDUSTRIES & TECHNOLOGIES LIMITED On behalf of the Board of Directors Sd/- Managing Director

THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OFTHE EQUITY SHARE ON LISTING OR THE BUSINESS PROSPECTS OF RCI INDUSTRIES & TECHNOLOGIES LIMITED.

RCI Industries 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 RCI Industries IPO .

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

Visit the RCI Industries IPO allotment status page to check the number of shares allocated to your application.

In RCI Industries 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 RCI Industries IPO basis of allotment document to know how the shares are allocated in RCI Industries IPO.

RCI Industries IPO Basis of Allotment

RCI Industries IPO Basis of Allotment FAQs

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