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March 22, 2017 - March 24, 2017

Relstruct Buildcon IPO Basis of Allotment

RELSTRUCT BUILDCON LIMITED

CIN: U70200MH2014PLC254148

Our Company was originally incorporated as 'Relstruct Buildcon Private Limited' on March 12. 2014 under the Companies Act. 1956 vide certificate of incorporation issued by the Registrar of Companies. Mumbai. Subsequently, Our Company was converted in to a public company and consequently name was changed to 'Relstruct Buildcon Limited' (RBL) vide fresh certificate of incorporation dated June 14, 2016 issued by Registrar of Companies. Mumbai. For details of the changes in our name and registered office, please refer to the chapter titled 'History and Corporate Structure' beginning on page 120 of the Prospectus

Registered Office: 201 -202,2nd Floor, Sunshine Plaza Subhash Lane, Malad East. Mumbai 400097. India. | Tel No.: + 91 22 2889 6386 / 2880 9617
Email: contact@relstructbuildcon com | Website: www.relstructduildcon.com | Contact Person: Mr Kamlesh Vyas. Company Secretary & Compliance Officer

PROMOTERS OF OUR COMPANY: MR. HEMENORA H. MAPARA, MR. CHETAN H. MAPARA, MRS. DARSHANA MAPARA

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 46.71.000 EQUITY SHARES OF FACE VALUE OF RS 10 EACH ('EQUITY SHARES') OF RELSTRUCT BUILDCON LIMITED (' OUR COMPANY' OR 'THE ISSUER') FOR CASH AT A PRICE RS 50 PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF RS 40 PER EQUITY SHARE) ('ISSUE PRICE') AGGREGATING TO RS 2335,50 LAKHS ('THE ISSUE'). OF WHICH 2.37.000 EQUITY SHARES OF FACE VALUE OF RS 10 EACH FOR A CASH PRICE OF RS 50 PER EQUITY SHARE, AGGREGATING TO RS 118.50 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 44,34,000 EQUITY SHARES OF FACE VALUE OF RS 10 EACH AT AN ISSUE PRICE OF RS 50 PER EQUITY SHARE AGGREGATING TO RS 2217.00 LAKHS (IS HEREINAFTER REFERREO TO AS THE 'NET ISSUE'). THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 31.84% AND 30.22%, RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY. FOR FURTHER DETAILS. PLEASE REFER TO SECTION TITLED 'TERMS OF THE ISSUE' BEGINNING ON PAGE 205 OF THE PROSPECTUS.

THE FACE VALUE OF THE EQUITY SHARE IS RS 10
AND THE OFFER PRICE IS 5.0 TIMES OF THE FACE VALUE.
ISSUE OPENED ON WEDNESDAY, MARCH 22, 2017 AND CLOSED ON FRIDAY, MARCH 24, 2017.

The Equity Shares of the Company are proposed to be listed on the SME Platform of BSE Limited ('BSE'). Our Company has received an approval from BSE for the listing of the Equity Shares pursuant to letter dated FEBRUARY 08, 2017. BSE shall be the Designated Stock Exchange for the purpose of this Offer. The trading is proposed to be commenced on Wednesday April 05, 2017, Subject to receipt of listing and trading approvals from the BSE Limited.
The Issue is being made through the Fixed Price process, the allocation in the Net Issue to the Public category shall be made as per Regulation 43(4) of the SEBI (ICDR) Regulations, 2009, as amended from time to time, wherein a minimum of 50% of the Net Issue ot shares to the Public shall initially be made available for allotment to Retail Individual Investors. The balance of Net Issue of Shares to the public shall be made available for allotment to Individual Applicants other than Retail Individual Investors and other Investors, including Corporate Bodies / Institutions irrespective of 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. Under subscription, if any, in any of the categories, would be allowed to be met with spill-over from any of the other categories or a combination of categories at the discretion of our Company in consultation with the Lead Manager and the Designation Stock Exchange. Such inter-se spill over, if any, would be affected in accordance with applicable laws, rules, regulations and guidelines. All Investors shall participate in the Issue only 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 Net Offer has recerved 919 applications for 5,280,000 Equity Shares resulting in 1.1329 times subscription The details of the applications received in the Net Offer (before and after technical rejections & withdrawal) are as follows:
Detail of the Applications Received

CATEGORY Before Technical Rejections & Withdrawals After Technical Rejections & Withdrawals
No. of Applications No. of Equity Shares No. of Applications No. of Equity Shares
Retail Individual Applicant 886 2.658,000 879 2,637,000
Non - Retail Applicant 32 2,385,000 32 2,385,000
Market Makers 1 237.000 1 237.000
Total 919 5.280.000 912 5.259,000

Note: In the event of oversubscription, the allotment will be made on a proportionate basis in marketable lots. The Basis ot Allotment was finalised in consultation with the Designated Stock Exchange - BSE Ltd on March 30.2017.

A) Allocation to Market Maker (After Technical Rejections & Withdrawals): The Basis of Allotment to the Market Maker, at the Issue Price of  Rs 50 per Equity Share, was finalised in consultation with BSE. The category was subscribed by 1 times. The total number of shares allotted in this category is 237.000 Equity Shares. 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
Allocation per Applicant Ratio of Allottees
to the Applicant
Total No.of
Shares Allotted
237,000 1 100.00 237.000 100.00 237.000 1:1 237,000
Total 1 100 00 237 000 100.00 237.000 237,000

B) Allocation to Retail Individual Investors (After Technical Rejections & Withdrawals): The Basis of Allotment to the Retail Individual Investors, at the Otter Price of Rs 50 per Equity Share, was finalised in consultation with BSE. Pursuant to Regulation 43(4) of the SEBI (ICOR) Regulations. 2009. the total number of shares allocated in this category is 2.331.000 Equity Shares. The category was subscribed by 1.131274 times 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
Allocation per Applicant Ratio of Allottees to the Applicant Total No.of Shares Allotted
3000 879 100.00 26,37,000 100.00 3000 38:43 2.331.000
Total 879 100.00 26,37,000 100.00 3000 2,331.000

C) Allocation to Non - Retails Category (After Technical Rejections & Withdrawals): The Basis of Allotment to the Non - Retail Investors, at the Offer Price of  Rs 50 per Equity Share, was finalised in consultation with BSE. The total number of shares allocated in this category is 2.103.000 Equity Shares The category was subscribed by 1.134094 times. The category-wise details of the Basis of Allotment are asunder:

No. of Shares Applied for (Category Wise) No.of Applications Received % to Total Total No. of Shares Applied in Each Category % to Total Allocation per Applicant Ratio of Allottees to the Applicant Total No. of Shares Allotted
6000 4 12.50 24000 1.01 6000 1:1 24000
9000 6 18.75 54000 2.26 9000 1:1 54000
18000 1 3.13 18000 0.75 15000 1:1 15000
21000 12 37.50 252000 10.57 18000 1:1 216000
30000 3 9.38 90000 3.77 27000 1:1 81000
60000 3 9.38 180000 7.55 51000 1:1 153000
- - - - - 3000 1:3 3000
180000 1 3.13 180000 7.55 159000 1:1 159000
189000 1 3 13 189000 7.92 165000 1:1 165000
1398000 1 3.13 1398000 58.62 1233000 1:1 1233000
Total 32 100.00 2385000 100.00 2103000

The Basis of Allotment was finalised in consultation with BSE. The Board of Directors of the Company at its meeting held on March 30.2017 has taken on record the Basts of Allotment of Equity Shares, as approved by the Designated Stock Exchange viz. BSE and has authorized the corporate action for the allotment of the Equity Shares to various successful applicants.
The CAN and allotment advice and / or notices have been dispatched to the address of the Investors as registered with the depositories. Further, the instructions to Self Certified Syndicate Banks have been processed on or before March 30, 2017 for unblocking of funds. The Equity Shares allotted to successful applicants ate being credited to their beneficiary accounts subject to validation of the account details with the depositories concerned. In case the same is not received within prescribed time, investors may contact the Registrar to the Offer at the address given below. The Company is taking steps to get the Equity Shares admitted for trading on the SME Platform of BSE Limited within 6 working days from the Closure of the Offer. The trading is proposed to be commenced on Wednesday April 05,2017 subject to receipt of listing and trading approvals from BSE.
Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectus dated March 07. 2017 ('Prospectus').

INVESTORS MAY PLEASE NOTE

The detads of the allotment made has been hosted on the website of the Registrar to the Offer, Karvy Computershare Private Limited at Website: www.karisma.karvy.com All future correspondence in this regard may kindly be addressed to the Registrar to the Offer 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:

Karvy Computershare Private Limited
Karvy Selenium Tower B, Plot 31-32. Gachibowli.
Financial District. Nanakramguda, Hyderabad 500 032 India
Tel. No.: 1-800-3454001 / +91 40 67162222
Fax No.: +91 40 2343 1551
E-mail: einward.ris@karvy.com
Investor Grievance Email: relstruct.ipo@karvy.com
Website: www.karisma.karvy.com
Contact Person: Mr. M. Murali Krishna
SEBI Registration No.: INR000000221

Place: Mumbai

Date: March 31,2017

For Relstruct Bulldcon Limited
On Behalf of the Board of Directors
Sd/-
Chairman & Managing Director

Relstruct Buildcon 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 Relstruct Buildcon IPO .

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

Visit the Relstruct Buildcon IPO allotment status page to check the number of shares allocated to your application.

In Relstruct Buildcon 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 Relstruct Buildcon IPO basis of allotment document to know how the shares are allocated in Relstruct Buildcon IPO.