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September 5, 2014 - September 9, 2014

Sharda Cropchem IPO Basis of Allotment

Sharda Cropchem Limited

Our Company was Incorporated as Sharda Worldwide Exports Private Limited on March 12,2004, at Mumbai. as a private limited company under the Companies Act. 1956. as amended (the 'Companies Act 1956'). Our Company changed its name to Sharda Cropchem Private Limited on September 18, 2013. Thereafter, our Company was converted into a public limited company on September 18,2013 and consequently, the name of our Company was changed to Sharda Cropcnem Limited. For details of changes in the name of our Company, see 'History and Certain Corporate Matters' an page 139 of the  Prospectus.

Registered and Corporate Office: Domnic Holm, 29th Road, Bandra (West), Mumbai 400 050;
Tel: (91 22) 6678 2800; Fax: (91 22) 6678 2828
Contact Person: Jetkin N Gudhka, Company Secretary and Compliance Officer
Email:co.sec@shardaintl.com ; Website: www.shardacropchem.com

PROMOTERS OF OUR COMPANY: RAMPRAKASH V.BUBNA, SHARDA R.BUBNA, ASHISH R.BUBNA AND MANISH R.BUBNA

BASIS OF ALLOTMENT

The Equity Shares are proposed to be listed on the BSE Limited ('BSE') and the National Slack Exchange of India Limiled ('NSE') and the trading will commence on or about September 23, 2014.

PUBLIC OFFER OF 22,555,124 EQUITY SHARES OF FACE VALUE OF RS. 10 EACH (THE 'EQUITY S HARES') OF SHARDA CROPCHEM LIMITED (THE COM PANY') FOR CASH AT A PRICE OF RS.156 PER EQUITY SHARE THROUGH AN OFFER FOR SALE BY THE SELLING SHAREHOLDERS (AS DEFINED IN THE SECTION 'DEFINITIONS AND ABBREVIATIONS') OF THE PROSPECTUS AGGREGATING UP TO RS.3,518.60 MILLION (THE 'OFFER'). THE OFFER WILL CONSTITUTE 25% OF THE POST-OFFER PAID-UP EQUITY SHARE CAPITAL OF OUR COMPANY FOR DETAILS OF THE EQUITY SHARES OFFERED BY EACH SELLING SHAREHOLDER, SEE 'DEFINITIONS AND ABBREVIATIONS - OFFER RELATED TERMS' ON PAGE 2 OF THE PROSPECTUS.

BID/OFFER OPENED 0N FRIDAY SEPTEMBER 5, 2014 AND CLOSED ON TUESDAY SEPTEMBER 9, 2014*.

* Anchor Investor Bid/offers was one Working Day prior to the Bid/Offer Opening Date.

THE FACE VALUE OF THE EQUITY SHARES IS RS 10 EACH. THE OFFER PRICE IS RS.156 PER EQUITY SHARE AND IS 15.6 TIMES THE FACE VALUE OF THE EQUITY SHARE.
ANCHOR INVESTOR OFFER PRICE IS RS.156 PER EQUITY SHARE

The Offer was made in accordance with Rule 19(2)(b)(i) of the Securities Contracts (Regulation) Rutes, 1957, as amended ('SCRR') this is an Offer for at least 25% of the post- offer capital. The Offer-is being made through the Book Building Process wherein 50% of the offer shall be available for Allocation on a proportionate basis to Qualified Institutional Buyers ('QIBs'), provided that our Company and the Selling Shareholders may allocate up to 30% of the QIB Category to Anchor Investors on a discretionary basis. 5% of the QIB Category (excluding the Anchor Investor Portion) shall be available for allocation on a proportionate basis to Mutual Funds only, and the remainder of the QIB Calegory shall be available for allocation on a proportionate basis to all QIB Bidders (other than Anchor Investors), including mutual Funds, subject to valid Bids being received at or above the Offer Price. Further, not less than 15% of the offer shall be available for allocation on a proportionate basis to Non intitutional Investors and not less than 35% of the offer shall be available for allocation to Retail Individual Investors in accordance with the SEBI Regulations, subject to valid Bids being received at or above the Offer Price. All potential investors, other than Anchor Investors, may participate in this Offer through an Application Supported by Blocked Amount ('ASBA') process providing details of their respective bank accounts which will be blocked by SCSBs. QIBs (except Anchor Investors) and Non-Institutional Investors are mandatorily required to utilise the ASBA process to participate in this Offer Kindly note that Allotment, amongst other conditions mentioned in the Prospectus, shall be undertaken upon receipt of Bids equivalent to at least 25% of the offer (including Bids received under the Anchor Investor Portion) from Mutual Funds and/or Insurance Companies. For details, see 'offer Procedure' on page 414 of the Prospectus. The Company and the Selling Shareholders, in consultation with the BRLMs. have Allotted 3,383,101}of Equity Shares of the QIB Category to Anchor investors at offer Price of Rs.156 per Equity Share on a discretionary basis in accordance with the SEBI Regulations.

The Offer received 314 ,450 applications for 1,155,101,310 Equity Shares (before technical rejections) resulting in 51.21 times subscription. The details of the applications received In the offer from various categories are as under:

Category (before technical rejections) No. of
Applications
No. of
Equity Shares
No. of
Times Subscribed
A Retail Individual Investors 313,982 45,643,500 5.73
B Non-Institutional Bidders 328 850,967,370 251.52
C Qualified Institutional Bidders (excluding Anchor Investors) 122 252,079,740 31.93
D Anchor Investors 18 6,410,700 1.89
Total 314,450 1,155,101,310 51.21

Final Demand

A summary of the final demand as per the BSE and the NSE as on the Bid/Offer Closing Date at different Bid prices is as under:

Bid Price No. of
Equity Shares
% to
total
Cumulative
Total
Cumulative %
to Total
145 1,149,656,580 59.97 1,149,656.590 831
146 1,149,601,770 59.96 2,299,258,350 16.61
147 1,149,595,020 59.96 3,448,853,370 24.92
148 1,149.587,460 59.96 4,593,440,830 33.23
149 1,149,574,590 59.96 5,743,015,420 41.54
150 1,149,572,256 59.96 6,897,597,670 49.84
151 1,149,544,800 59.96 9,047,132,470 58.15
152 1,149,539,850 59.96 9,193,672,320 66.46
153 1,149,536,016 59.96 10,346,203,930 74.76
154 1,149,533,280 59.96 11,495,742210 83.07
155 1,149,529,860 59.96 12,645,272,070 91.33
156 1,149,521,580 59.96 13,794,793,650 99.68
CutOFF 43,821,816 2.29 13,838,615,460 100.00

The Basis of Alotment was finalized in consultation with the Designated Stock Exchange, being NSE on September 17,2014. A. Allocation lo Retail Individual Investors (After Technical Rejections) (including ASBA Applications)

The Basis of Allotment to the Retail Individual Investors, who have Bid at Cut-off Price or at or above the Offer Price of Rs 156 per Equity Share was finalized in consultation with NSE. The category has been susbscribed to the extent of 5.68 times. The total number of Equily Shares Allotted in this category is 7.894.294 Equily Shares to 87.714 sucessful applicants. The category- wise details of the Basis of Allotment are as under;

Category No. of Equity Shares Applied for) No. of Applns. % to
total
Total No-of Equity Shares applied % to total No. of Equity Shares Allotted per applicant Ratio Total No. of Equity Shares All otted
90 274,115 88.78 24,670,350 55.06 90 277:975 7,008,840
180 9,661 3.13 1,738,980 3.88 90 25:88 247,050
270 4,944 1.60 1,334,880 2.98 90 25:88 126,450
360 2,707 0.88 974,520 2.18 90 25:88 69,210
450 2,093 0.68 941,850 2.10 90 25:88 53,550
540 1,049 0.34 566,460 1.26 90 25:88 26,820
630 3,764 1.22 2,371,320 5.29 90 25:88 96,210
720 615 0.20 442,800 0.99 90 25:88 15,750
810 250 0.08 202.500 0.45 90 25:88 6,390
900 831 0.27 747,900 1.67 90 25:88 21,240
990 354 0.11 350,460 0.78 90 25:88 9,090
1080 254 0.08 274,320 0.61 90 25:88 6,480
1170 265 0.09 310,050 0.69 90 25:88 6,750
1260 7,840 2.54 9,878,400 22.05 90 25:88 200,430
1^ 17:4919 34
TOTAL 308,742 100.00 44.804,790 100.00 7,894,294

^ 1 additional Share shall be allotted to 34 Allottees frorn amongst 9838 successful Applicants frorn the categories 180-1260(I.e.excptig Successful applicants for category 90) in the ratio of 17:4919.

B. Allocation to Non Institutional Investors (After Technical Rejections)

The Basis of Allotment to the Non-institutional Investors, who have Bid at or above the Offer Price of Rs 156 per Equity Share, was. finalized on a proportionate basis, in consultation with NSE. This category has been subscribed to the extent of 251.48 times. The total number of Equity Shares Allotted in this category is 3,383,269 Equity Shares to 265 successful applicants. The category -wise details of the Basisof Allotment are as under:

Category (No.of Equity Shares Applied for) No, of Applns. % to total Total No.of Equity Snares applied %to
total
No of Equity Shares Allotted per applicant Ratio Total No. of Equity Shares Allotted
1350 21 6.48 28,350 0.00 90 1:21 90
1440 5 1.54 7,200 0.00 90 1:5 90
1530 1 0.31 1,530 0.00 90 1:1 90
1620 4 1.23 6,480 0.00 90 1:4 90
1710 1 0.31 1,710 0.00 90 1:1 90
1800 5 1.54 9,000 0.00 90 1:5 90
1890 2 0.62 3,780 0.00 90 1:2 90
1980 3 0.93 5,940 0.00 90 1:3 90
2070 1 0.31 2,070 0.00 90 1:1 90
2250 2 0.62 4,500 0.00 90 1:2 90
2520 1 0.31 2,520 0.00 90 1:1 90
2700 5 1.54 13,500 0.00 90 1:5 90
2970 1 0.31 2,970 0.00 90 1:1 90
3150 8 2.47 25,200 0.00 90 1:8 90
3240 2 0 62 6,480 0.00 90 1:2 90
3330 1 0.31 3,330 0.00 90 1:1 90
3600 4 1.23 14,400 0.00 90 1:4 90
4050 1 0.31 4,050 0.00 90 1:1 90
4860 1 0.31 4,860 0.00 90 1:1 90
4950 3 0 93 14,850 0.00 90 1:3 90
5400 1 0.31 5,400 0.00 90 1:1 90
6390 8 2.47 51,120 0.01 90 1:4 180
7650 2 0.62 15,300 0.00 90 1:2 90
8010 1 0.31 8,010 0.00 90 1:1 90
8100 1 0.31 8,100 0.00 90 1:1 90
8820 1 0.31 8,820 0.00 90 1:1 90
9000 1 0.31 9,000 0.00 90 1:1 90
9540 1 0.31 9,540 0.00 90 1:1 90
9630 1 0.31 9,630 0.00 90 1:1 90
9990 1 0.31 9,990 0.00 90 1:1 90
10080 1 0.31 10,080 0.00 90 1:1 90
12150 1 0.31 12,150 0.00 90 1:1 90
12780 1 0.31 12,780 0.00 90 1:1 90
12870 1 0.31 12,870 0.00 90 1:1 90
13500 1 0.31 13,500 0.00 90 1:1 90
14040 1 0.31 14,040 0.00 90 1:1 90
16020 1 0.31 16,020 0.00 90 1:1 90
18000 1 0.31 18,000 0.00 90 1:1 90
19800 1 0.31 19,800 0.00 90 1:1 90
20700 1 0.31 20,700 0.00 90 1:1 90
21780 1 0.31 21,780 0.00 90 1:1 90
25200 1 0.31 25,200 0.00 100 1:1 100
25560 1 0.31 25,560 0.00 102 1:1 102
27000 1 0.31 27,000 0.00 107 1:1 107
28800 1 0.31 28,800 0.00 115 1:1 115
32040 2 0.62 64,080 0.01 127 1:1 254
32130 2 0.62 64,260 0.01 128 1:1 256
39330 1 0.31 39,330 0.00 156 1:1 156
41580 1 0.31 41,580 0.00 165 1:1 165
44820 1 0.31 44,820 0.01 178 1:1 178
45180 1 0.31 45,180 0.01 180 1:1 180
56250 1 0.31 56,250 0.01 224 1:1 224
57690 1 0.31 57,690 0.01 229 1:1 229
61830 1 0.31 61,830 0.01 246 1:1 246
62820 1 0.31 62,820 0.01 250 1:1 250
63000 1 0.31 63,000 0.01 251 1:1 251
63900 3 0.93 191,700 0.02 254 1:1 762
64080 6 1.85 384,480 0.05 255 1:1 1,530
64170 4 1.23 256,680 0.03 255 1:1 1,020
73710 1 0.31 73,710 0.01 293 1:1 293
83070 1 0.31 83,070 0.01 330 1:1 330
96120 1 0.31 96,120 0.01 382 1:1 382
Category (No.of Equity Shares Applied for) No, of Applns. % to total Total No.of Equity Snares applied %to
total
No of Equity Shares Allotted per applicant Ratio Total No. of Equity Shares Allotted
99990 2 0.62 199,980 0.02 393 1:1 796
102510 1 0.31 102,510 0.01 408 1:1 408
127800 1 0.31 127,800 0.02 508 1:1 508
128160 1 0.31 128,160 0.02 510 1:1 510
128250 1 0.31 128,250 0.02 510 1:1 510
131400 1 0.31 131,400 0.02 523 1:1 523
134100 1 0.31 134,100 0.02 533 1:1 533
144180 1 0.31 144,180 0.02 373 1:1 573
160200 1 0.31 160,200 0.02 637 1:1 637
166590 1 0.31 166,590 0.02 662 1:1 662
179460 1 0.31 179,460 0.02 714 1:1 714
180000 1 0.31 180,000 0.02 716 1:1 716
192240 1 0.31 192,246 0.02 764 1:1 764
200070 1 0.31 200,070 0.02 795 1:1 796
212400 2 0.62 424,800 0.05 845 1:1 1,690
224370 1 0.31 224,370 0.03 892 1:1 892
256410 1 0.31 256,410 0.03 1020 1:1 1,020
270000 1 0.31 270,033 0.03 1074 1:1 1,374
320400 2 0.62 640,800 0.08 1274 1:1 2,343
320490 7 2.16 2,243,430 0.26 1274 1:1 3,913
320580 2 0.62 641,160 0.08 1275 1:1 2,550
324000 2 0.62 648,000 0.08 1288 1:1 2,576
341460 1 0.31 341,460 0.04 1358 1:1 1,358
352620 1 0.31 352,620 0.04 1402 1:1 1,402
362250 1 0.31 362,250 0.04 1440 1:1 1,440
384570 1 0.31 384,570 0.05 1529 1:1 1,329
448200 1 0.31 449,200 0.05 1782 1:1 1,76?
448740 1 0.31 449,740 0.05 1784 1:1 1,784
512550 1 0.31 512,550 0.05 2038 1:1 2,038
512910 1 0.31 512,916 0.06 2040 1:1 2,040
609030 1 0.31 609,033 0.07 2422 1:1 2,422
640980 8 2.47 5,127,840 0.60 2549 1:1 20,392
641070 1 0.31 641,070 0.08 2549 1:1 2,549
722700 1 0.31 722,700 0.08 2874 1:1 2,874
769230 1 0.31 769,233 0.09 3059 1:1 3,059
878400 1 0.31 373,433 0.10 3493 1:1 3,493
897390 1 0.31 697,390 0.11 3568 1:1 3,568
961470 1 0.31 961,470 0.11 3823 1:1 3,823
961560 1 0.31 961,560 0.11 3524 1:1 3,824
963000 1 0.31 963,000 0.11 3629 1:1 3,329
980100 1 0.31 980,100 0.12 3897 1:1 3,897
999990 1 0.31 999,990 0.12 3976 1:1 3,976
1000170 1 0.31 1,000,170 0.12 3977 1:1 3,977
1099980 1 0.31 1,099,980 0.13 4374 1:1 4,374
1282050 1 0.31 1,282,050 0.15 5098 1:1 5,098
1299960 3 0.93 3,899,880 0.46 5169 1:1 15,507
1346130 1 0.31 1,346,130 0.16 5353 1:1 5,353
1440000 2 0.02 2,880,000 0.34 5726 1:1 11,452
1444950 1 0.31 1,444,956 0.17 5746 1:1 5,476
1602540 3 0.93 4,907,620 0.57 6372 1:1 19,116
1602630 3 0.33 4,907,890 0.57 6373 1:1 19,119
1618740 1 0.31 1,613,740 0.19 5437 1:1 6,437
1620000 1 0.31 1,620,000 0.19 6442 1:1 6,442
1666620 1 0.31 :1,66,620 0.20 6627 1:1 6,627
1794870 1 0.31 1,794,870 0.21 7137 1:1 7,137
1921500 1 0.31 1,921,500 0.23 7641 1:1 7,641
1923030 3 0.93 5,769,090 0.68 7647 1:1 22,941
1955070 1 0.31 1,955,070 0.23 7774 1:1 7,774
2007000 1 0.31 2,007,000 0.24 7961 1:1 7,981
2250000 1 0.31 2,250,000 0.26 8947 1:1 8,947
2884590 1 0.31 2,884,590 0.34 11470 1:1 11,470
3012840 1 0.31 3,012,840 0.35 11980 1:1 11,980
3205080 7 2.16 22,435,560 2.64 12745 1:1 89,215
3205170 1 0.31 3.205,170 0.38 12745 1:1 12,745
3237300 2 0.62 6.474,600 0.76 12373 1:1 25,746
3263940 1 0.31 3,263,340 0.38 12979 1:1 12,979
3266730 1 0.31 3,266,730 0.38 12990 1:1 12,990
3383190 1 0.31 3,383,190 0.40 13453 1:1 13,453
3753000 3 0.93 11,259,000 1.32 14924 1:1 44,772
3883500 13 4.01 50,485,500 5.93 15443 1:1 200,759
4935870 1 0.31 4.935,870 0.58 19627 1:1 19627
5000040 1 0.31 5,000,040 0.59 19882 1:1 19,882
5199930 1 0.31 5,199,930 0.61 20677 1:1 20,677
5220000 1 0.31 5,220,000 0.61 20757 1:1 20,757
5448600 1 0.31 5,448,600 0.64 21660 1:1 21,666
6403140 3 0.93 19,209,420 2.26 25462 1:1 76,386
6410250 8 2.47 51,282,000 6.03 25490 1:1 203,320
6410340 2 0.62 12,826,686 1.51 25490 1:1 50,980
6474600 1 0.31 6,474,600 0.76 25746 1:1 25,746
6474960 1 0.31 6,474,360 0.76 25747 1:1 25,747
6475050 1 0.31 6,475,050 0.76 25748 1:1 25,748
6480000 1 0.31 6,430,000 0.76 25767 1:1 25,767
6529950 5 1.54 32,649,750 3.84 25966 1:1 129,830
7051230 1 0.31 7,051,230 0.83 28039 1:1 28,039
7110000 1 0.31 7,110,300 0.84 28273 1:1 28,273
7371720 4 1.23 29,486,880 3.47 29313 1:1 117,252
8012790 1 0.31 8,012,790 0.94 31862 1:1 31,862
8093700 1 0.31 8,093,700 0.95 32184 1:1 32,184
8269200 1 0.31 8,269,200 0.97 32882 1:1 32,882
8333280 3 0.93 24,999,340 2.94 33137 1:1 99,411
8653770 2 0.62 17,307,546 2.03 34411 1:1 68,822
9615330 4 1.23 36,461,320 4.52 38235 1:1 152,940
9615420 3 0.93 28,346,260 3.39 38235 1:1 114,705
9699840 1 0.31 9,699,840 1.14 38571 1:1 38,571
9712440 2 0.62 19,424,880 2.28 386221 1:1 77,242
9717930 2 0.62 19,435,860 2.28 38643 1:1 77,286
10000080 1 0.31 10,000,080 1.18 39765 1:1 39,765
11217960 2 0.62 22,435,920 2.64 44603 1:1 69,216
12628170 1 0.31 12,628,170 1.48 50215 1:1 50,215
12820500 2 0.62 25,641,000 3.01 50980 1:1 101,960
12899970 1 0.31 12,899,970 1.52 51296 1:1 51,296
14399910 2 0.62 26,799,620 3.38 57260 1:1 114,520
14799960 3 0.93 44,399,880 5.22 58851 1:1 176,553
16199910 2 0.62 32,399,820 3.81 64418 1:1 123,636
16538400 1 0.31 16,538,400 1.94 65764 1:1 65,764
16986240 1 0.31 16,986,240 2.00 67545 1:1 67,545
17243550 1 0.31 17,243,550 2.03 67953 1:1 67,953
17308080 1 0.31 17,308,080 2.03 68207 1:1 68,207
19171980 1 0.31 19,171,980 2.25 75552 1:1 75,552
TOTAL 324 100.00 850,827,330 100.00 3,383,269

C. Allocation to QIBs (excluding Anchor Investors)

The Basis of Allotment to QIBs who have Bid at or above the offer Price of Rs.156 per Equity Share has been done on a proportionate basis, in consultation with NSE. This calegory has-been subscribed to the extent of 31.93 times. As per the SEBI Regulations, Mutual Funds were Allocated 5% of the equity shares available i.e.394,724 Equity Shares and other QIBs and unsatisfied demand of Mutual Funds, were Allocated the remaining; available Equity Shares i.e. 7,499,737 Equily Shares to 121 applicants. The category-wise details of the basis of Allotment are as under

Category FIIs FIs/ Banks MFs ICs Others Total
QIB 3640261 1436539 2075693 703729 38239 7894461

88 Bids of 84,266,370 equity shares Frorn Mutual Funds and Insurance Companies (including Bids received under the Anchor Investor Portion) have been received in the Offer, this is more than 25% of the offer i.e. 22,555,124* 25% i.e. 5,638,731 Equrtry Stares. Hence the requirement as mentioned in the Prospectus that 'Allotment of Equity Shares pursuant to the Offer will be undertaken only upon receipt of Bids equivalent to at least 25% of the offer (including Bids received under the Anchor investor Portion) from Mutual Funds and/ or insurance Companies' is complied with.

D. Allocation to Anchor Investors

The Company and the Selling Shareholders in consultation with the BRLMs have Allotted 3,383,100 Equity Shares (as against 3,383,268 being 30% of the QIB Category) to 18 Anchor Investors at the Offer Price of Rs.156 per Equity Shares in accordance with the SEBI Regulations. The balance in the category i. e. 3,393,268 - 3,383,100 i.e. 168 equity shares were available for allocation in the Net QIB category.

The IPO Committee of the Company at its meeting held on September 17,2014, has also approved the Basis of Allotment of the Equity Shares and Allotted the Equity Shares to various successful applicants.

The Allotment Advice-cum-Refund Orders & CAN-curn-Refund Orders and/ or notices have been dispatched on September 19,2014 to the address of the investors as registered with the depositories. Further, Instructions to the Self Certified Syndicate Banks have been dispatched/mailed on September 16,2014. In case the same is not received within ten days, investors may contact the Registrar to the Offer at the address given below. The Refund Orders have been over-printed with the Bank Account details as registered, if any, with the depositories. The Equity Shares Allotted to the successful applicants have been credited on September 13,2014 to their beneficiary accounts subject to validation of the account details with the depositories concerned. Our Company is taking steps for completion of the necessary formalities to get the Equity Shares admitted for trading on the BSE and the NSE within twelve working Days from the Bid/Offer Closing Date.

Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectus dated September 13,2014 filed wilh the Registrar of Companies. Maharashtra at Murnbai.

INVESTORS PLEASE NOTE

These details of allotment made shall be hosted on the website of registrar to the offer, Karvy Computershare Private Limited at http://karisma.karvy.com
Future correspondence in this regard may kindly be addressed to the Registrar to the offer quoting full name of the First/Sole Bidder, serial number of the Bid-cum-Application Form, number of Equity Shares Bid for, name of the member of the Syndicate or the Registered Broker and place where the Bid was submitted and payment details at the address given below:

Karvy Computershare Private Limited

Plot no. 17 to24, Vithal Rao Nagar, Madhapur, Hyderabad 500 081, India
Tel: + 91 (40) 4465 5000; Fax: + 91 (40) 2343 1551;
E-mail: sharda.ipo@karvy.com  Website: http://karisma.karvy.com
Contact Person: M. Murali Krishna, SEBI Registration No.: INR000000221

Place : Mumbai
Date : 19 September 19,2014
For Sharda Cropchem Limited
Sd/-
Chairman and Managing Director

Sharda Cropchem 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 Sharda Cropchem IPO .

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

Visit the Sharda Cropchem IPO allotment status page to check the number of shares allocated to your application.

In Sharda Cropchem 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 Sharda Cropchem IPO basis of allotment document to know how the shares are allocated in Sharda Cropchem IPO.