June 12, 2017 - June 15, 2017

Riddhi Corporate Services IPO Basis of Allotment

RIDDHI CORPORATE SERVICES LIMITED

CIN: U74140GJ2010PLC062548

Our Company was incorporated as Riddhi Corporate Services Private Limited under the provision of the Companies Act. 1956 vide certificate of Incorporation dated October 9. 2010 issued by the Assistant Registrar of Companies. Gujarat, Dadra and Nagar Haveli Consequent upon the conversion of our Company to public limited company, the name of our Company was changed to 'Riddhi Corporate Services Limited' and fresh certificate of incorporation dated September 1. 2016 was issued by the Deputy RoC. Registrar of Companies, Ahmedabad. The Corporate Identification Number of our Company is U74140GJ2010PLC062548.

Registered office: 10, Mill Officers Colony, Behind Old RBI, Ashram Road, Ahmedabad- 380009.

Tel: -+91-79-26580767 Website: www.riddhicorporate.co.in
Company Secretary and Compliance Officer: Ms Shobha Bharti E-Mail: investor@rcspl.net

PROMOTERS OF THE COMPANY: MR. PRAVINCHANDRA GOR. MR ALPIT GOR & MRS. JAYSHREEBEN GOR

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 9,50,000 EQUITY SHARES Of FACE VALUE OF RS 10/- EACH OF RIDDHI CORPORATE SERVICES LIMITED ('RCSL' OR THE 'COMPANY'' OR THE 'ISSUER^{')
FOR CASH AT A PRICE OF RS 130 PER EQUITY SHARE INCLUDING A SHARE PREMIUM OF
RS120 PER EQUITY SHARE (THE 'ISSUE PRICE') AGGREGATING TO RS 1235.00 LACS (THE
ISSUE'). OF WHICH 50,000 EQUITY SHARES OF FACE VALUE OF RS 10 EACH WILL FOR CASH AT A
PRICE OF RS 130 PER EQUITY SHARE INCLUDING A SHARE PREMIUM OF RS 120 PER EQUITY SHARE
AGGREGATING TO RS 6500 LACS WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER TO THE ISSUE
(THE 'MARKET MAKER RESERVATION PORTION'). THE ISSUE LESS THE MARKET MAKER
RESERVATION PORTION i.e. NET ISSUE OF 9,00,000 EQUITY SHARES OF FACE VALUE OF RS 10 EACH
AT A PRICE Of RS130 PER EQUITY SHARE AGGREGATING TO RS 1170.00 LACS IS HEREIN AFTER
REFERRED TO AS THE 'NET ISSUE'. THE ISSUE AND THE NET ISSUE WILL CONSTITUTE
29.23% AND 27.69%. RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR
COMPANY.}

In terms of Prospectus dated June 5. 2017 and as per Regulation 43(4) of SEBI (ICDR) Regulations, 2009 wherein (a) minimum of 50 % of the Net Offer to Public shall be initially made available to Retail Individual Investors as the case may be (b) The balance net offer of shares to the public shall be made available for allotment to i) individual applicants other than retail investors, and ii) other investors including corporate bodies or institutions, irrespective of no of shares applied for.

Explanation: for the purpose of Regulation 43(4) of SEBI (ICDR) Regulations. 2009, if the retail individual investor is entitled to more than fifty percent, on proportionate basis, the retail individual investors shall be allocated that higher percentage.

THE FACE VALUE OF THE EQUITY SHARES IS RS 10 EACH AND THE ISSUE PRICE IS RS 130/- EACH. THE ISSUE PRICE IS 13 TIMES OF THE FACE VALUE.

ISSUE OPENED ON JUNE 12, 2017 (MONDAY) AND CLOSED ON JUNE 15, 2017 (THURSDAY).

The Equity Shares offered through the Prospectus are proposed to be listed on the BSE SME Platform. Our Company has received an approval tetter dated May 22, 2017 from BSE for using its name in this offer document for listing our shares on the SME Platform of BSE. For the purpose of this Issue, the designated Stock Exchange will be the BSE Limited ('BSE').

Details of the application

The Issue has received 787 (before technical rejections) applications for 18,48,000 Equity Shares (Including Market Maker Application of 50,000 Equity Shares) resulting 1.945 times subscription. The details of the applications received in the Issue (before technical rejections) are as follows:

Detail of the valid Applications Received (Before Technical Rejection):

CATEGORY NUMBER OF APPLICATIONS NUMBER OF EQUITY SHARE SUBCRIPTION

Market Makers 1 50000 1.00

Other than Retail Individual Investor's 39 1051000 2.33

Retail Individual Investor's 747 747000 1.66

TOTAL 787 1848000 1.94

The Four applications received in retail individual investors category was rejected on technical ground

ALLOCATION: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - BSf Limited ('SME platform of BSE') on June 19. 2017.

A. Allocation to Market Maker: The Basis of Allotment to the Market Maker, at the issue pace of Rs 130 /- per Equity Share, was finalised in consuttat'on with BSE. The category was subscnbed by 1.00 times. The total number of shares allotted in this category is 50.000 Equity shares m full out of reserved portion of 50,000 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. 130 /- per Equity Share, was finalized in consultation with BSE. The category was subscnbed by 1.633 times. Total number of shares allotted in this category is 4,50,000:

No. Of Shares
Applied for
(Category wise) No. Of
Applications
% to total
Total
No.of
Equity
Shares
applied % of total
Proportionate Shares Shares Available Allocation per Applicant^{(Before Rounding Off)} Allocation per Applicant (After Rounding Off) Ratio of Allottees to the Applicants Total
No.of
Equity
Sharos
allotted Swpl
us/
(Defi
cit)

1000 735 100.00 735000 100.00 450000 612.24
         1000                       30.49
450000 0

Total 735 100.00 735000 100.00 450000 612.24
         1000                       30.49
450000 0

C. Allocation to Non Retail Investors (After Technical Rejections): The basis of Allotment to the Non Retail investors, at the issue price of Rs. 130/- per Equity Share, was finalized in consultation with BSE. the category was subcribed by 2.33 times. Total number of shares allotted in this category is 4,50,000:

No.of shares applied for (Catogory wise) Number of Application received % to Total Total No. of Shares applied in each catagory % to Total Propotionate Shares available Allocation per Applicante Before rounding off Allocation per Applicante After rounding off Ratio of allottees to applicants Total No. of Shares allocated/alloted Surplus/Deficit

2000 11 28.21 22000 2.09 9420 856.33 1000 1:1 11000 1580

3000 4 10.26 12000 1.14 5138 1284.49 1000 1:1 4000 -1138

4000 6 15.38 24000 2.28 10276 1712.65 2000 1:1 12000 1724

5000 2 5.13 10000 0.95 4282 2140.82 2000 1:1 4000 -282

6000 1 2.56 6000 0.57 2569 2568.68 3000 1:1 3000 431

7000 1 2.56 7000 0.67 2997 2997.15 3000 1:1 3000 3

8000 3 7.69 24000 2.28 10276 3425.31 3000 1:1 9000 -1276

1000 1:3 1000 1000

9000 1 2.56 9000 0.86 3853 3853.47 4000 1:1 4000 147

10000 1 2.56 10000 0.95 4282 4281.64 4000 1:1 4000 -282

14000 1 2.56 14000 1.33 5994 5994.29 6000 1:1 6000 6

31000 1 2.56 31000 2.95 13273 13273.07 13000 1:1 13000 -273

38000 4 10.26 152000 14.46 65081 16270.22 16000 1:1 64000 -1081

192000 1 2.56 192000 18.27 82207 82207.42 82000 1:1 82000 -207

269000 2 5.13 538000 51.19 230352 115176.02 115000 1:1 230000 -352

Total

39

100.00

1051000

100.00

450000
450000
0

The Board of Directors of the Company at its meeting held on June 19. 2017 has taken on record the Basis of Allotment of Equity Shares approved by the Designated Stock Exchange viz. BSE and has authorized the corporate action for the allotment of the Equity Shares in dematerialised form 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 / as filled in the application form on or before June 21. 2017 Further, the instructions to Self Certified Syndicate Banks being processed on or prior to June 21. 2017. In case the same is not received within 10 days, investors may contact 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 wtth the depositories concerned The Company is taking steps to get the Equity Shares admitted for trading on the SME Platform of BSE Limited within six working days from the date of the closure of the Issue The trading is proposed to be commenced on or before June 23. 2017 subject to receipt of listing and trading approvals from the BSE Limited ('SME Platform of BSE').

INVESTORS PLEASE NOTE

The details of the allotment made would also be hosted on the website of the Registrar to the Issue. Purva Sharegistry (India) Private Limited at www.purvashare.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:

PURVA SHAREGISTRY (INDIA) PRIVATE LIMITED

Address: Unit no. 9. Shiv Shakti Ind. Est. J.R. BorichaMarg, Lower Parel, (E). Mumbai - 400011
Tel No: 91-022-23016761/8261
Fax No:+91-022-2301 2517
SEBI Registration NO: INR000001112
Email Id: busicomp@vsnl.com /busicomp@gmail.com
Website: www.purvashare.com
Contact Person: Mr. V.B. Shah / Ms. Purva Shah

Place: Ahmedabad

Date: June 20, 2017

_{F0R, RIDDHI CORPORATE SERVICES LIMITED}
PRAVINCHANDRA GOR
MANAGING DIRECTOR

Riddhi Corporate Services 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 Riddhi Corporate Services IPO .

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

Visit the Riddhi Corporate Services IPO allotment status page to check the number of shares allocated to your application.

In Riddhi Corporate Services 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 Riddhi Corporate Services IPO basis of allotment document to know how the shares are allocated in Riddhi Corporate Services IPO.

Riddhi Corporate Services IPO Basis of Allotment

Riddhi Corporate Services IPO Basis of Allotment FAQs

How shares are allotted in Riddhi Corporate Services IPO?

What is Riddhi Corporate Services IPO basis of allotment status?

What is Riddhi Corporate Services IPO allotment process?

Read more about Riddhi Corporate Services IPO