December 27, 2010 - December 29, 2010

Shekhawati IPO Basis of Allotment

SHEKHAWATI POLY-YARN LIMITED

The Company was incorporated as 'Shekhawati Poly- Yarn Private Limited' on November 5,1990 under the Companies Act, 1956. The name of the Company was changed to 'Shekhawati Poly-Yarn Limited' pursuant to the conversion of the Company from Private Limited to Public Limited and a fresh Certificate of Incorporation consequent to change in name was obtained on April 19,2010. (Please refer to Page No. 106 of this Prospectus for detail of change in the name of the Company.) The Registered Office of the Company was shifted from Solaris, 1 -B-241, Saki Vihar Road, Opp. L&T Gate No.6, Andheri (East), Mumbai-400072 to 2, Anantwadi, Vaidya Bhawan, 1st Floor, Bhuleshwar, Mumbai- 400002 with effect from 30th March 2002. (Please refer to Page No. 107) of this Prospectus for detail of change in the Registered Office of the Company

Registered Office: 2, Anantwadi, Vaidya Bhawan, 1st Floor, Bhuleshwar, Mumbai-400 002 Tel. No: 91-22-3256-7126; Fax No: 91-22-28755522 Email:ho@shekhawatiyarn.com, Website: www.shekhawatiyarn.com,
Contact Person: Mr. Shivratan Agarwal, CFO & Compliance Officer

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 1,20,00,000 EQUITY SHARES OF RS.10/- EACH ISSUED FOR CASH AT A PREMIUM OF RS. 20/- PER EQUITY SHARE I.E. AT A PRICE OF RS. 30/- PER EQUITY SHARE AGGREGATING TO RS. 3 6 0 0 LACS ('THE ISSUE' OR 'THE NET ISSUE') BY SHEKHAWATI POLY- YARN LIMITED ('THE COMPANY' OR 'THE ISSUER'). THE FACE VALUE OF THE SHARE IS RS.10/- EACH AND THE ISSUE PRICE IS 3 TIMES OF THE FACE VALUE. THE ISSUE TO THE PUBLIC WILL CONSTITUTE 54.54% OF THE FULLY DILUTED POST-ISSUE EQUITY SHARE CAPITAL OF THE COMPANY.

THE FACE VALUE OF OUR EQUITY SHARES IS RS. 10 EACH AND THE ISSUE PRICE IS 3 TIMES THE FACE VALUE. ISSUE OPENED ON DECEMBER 27,2010 AND CLOSED ON DECEMBER29,2010

The Equity Shares of the Company are proposed to be listed on the Bombay Stock Exchange Limited ('BSE') and National Stock Exchange of India Limited the trading is expected to commence on January 12,2011.

The Board of Directors of SHEKHAWATI POLY-YARN LIMITED wish to thankthe investing public, for their response to the Issue which opened for subscription on Monday, December 27,2010 and closed on Wednesday, December 29,2010. The Issue has received 20,272 applications for 8,15,48,800 Equity Shares resulting in 6.79 times subscription. The details of the Applications received in the Issue (before technical rejections) are as under;

CATEGORY	NO. OF APPLICATIONS	NO. OF SHARES	SUBSCRIPTION
Retail individual Applicant	20232	70,072,600	11.68
Non - Retail Applicant	40	11,476,200	1.91

The Basis of Allotment was finalised in consultation with the Designated Stock Exchange - Bombay Stock Exchange Limited, ('BSE') on 7th January 2011,

A. Allocation to Retail Individual Investors (After Technical Rejections)
The Basis of Allotment to the Retail Investors, at the issue price of Rs.30/- per Equity Share, was finalised in consultation with BSE. The category was oversubscribed by 11.678 times. The total number of shares allotted in this category is 60,08,893 Equity Shares (including 8,886 excess shares due to rounding off). The category-wise details of the Basis of Allotment are as under

No. of Shares applied for (category wise)	No. of Application received	% to Total	Total No. of Shares Applied In Each Category	% to Total	Allocation Per Applicant	Ratio of Allotees to the Applicant			Total No.of ShareAlloted
200	3,867	19.11	773,400	1.10	200	2	23	67,200
400	1,450	7.17	580,000	0.83	200	4	23	50,400
600	533	2.63	319,800	0.46	200	4	15	28,400
800	610	3.02	488,000	0.70	200	6	17	43,000
1,000	493	2.44	493,000	0.70	200	3	7	42,200
1,200	123	0.61	147,600	0.21	200	1	2	12,400
1,400	67	0.33	93,800	0.13	200	8	11	9,800
1,600	552	2.73	883,200	1.26	200	8	1	80,200
1,800	124	0.61	223,200	0.32	200	6	8	18,600
2,000	273	1.35	546,000	0.78	200	6	7	46,800
2,200	23	0.11	50,600	0.07	200	1	1	4,600
2,400	39	0.19	93,600	0.13	206	1	1	8,034
2,600	20	0.10	52,000	0.07	223	1	1	4,460
2,800	23	0.11	64,400	0.09	240	1	1	5,520
3,000	94	0.46	282,000	0.40	257	1	1	24,158
3,200	3,775	18.66	12,080,000	17.24	274	1	1	1,034,350
3,400	182	0.90	618,800	0.88	291	1	1	52,962
3,600	26	0.13	93,600	0.13	308	1	1	8,008
3,800	11	0.05	41,800	0.06	325	1	1	3,575
4,000	38	0.19	152,000	0.22	343	1	1	13,034
4,200	14	0.07	58,800	0.08	360	1	1	5,040
4,400	3	0.01	13,200	0.02	377	1	1	1,131
4,600	6	0.03	27,600	0.04	394	1	1	2,364
4,800	7	0.03	33,600	0.05	411	1	1	2,877
5,000	44	0.22	220,000	0.31	428	1	1	18,832
5,200	7	0.03	36,400	0.05	445	1	1	3,115
5,400	6	0.03	32,400	0.05	462	1	1	2,772
5,600	5	0.02	28,000	0.04	480	1	1	2,400
5,800	11	0.05	63,800	0.09	497	1	1	5,467
6,000	26	0.13	156,000	0.22	514	1	1	13,364
6,200	20	0.10	124,000	0.18	531	1	1	10,620
6,400	70	0.35	448,000	0.64	548	1	1	38,360
6,600	7,690	38.01	50,754,000	72.43	565	1	1	4,344,850
TOTAL	20,232	100.00	70,072,600	100.00	10,679			6,008,893

B. Allocation to Non - Retail Investors (After Technical Rejections)
The Basis of Allotment for the Non-Retail lnvestors, who have applied at the issue price of Rs. 30/- per Equity share for a total amount of more than Rs. 2,00.000/- was finalised in consultation with BSE. This category has been subscribed to the extent of 1.91 times. Overall 40 applications for 11,476,200 equity shares were found valid and on proportionate basis, the company have allotted 59,99,993 equity shares (Short 7 shares due to rounding off have been adjusted towards Retail Category). The category-wise details of the Basis of Allocation are as under

No. of Shares applied for (category wise)	No. of Application received	% to Total	Total No. of Shares Applied in Each Category	% to Total	Allocation Per Applicant	Ratio of Allotees to the Applicant		Total No of Shares Alloted
7,000	1	2.50	7,000	0.06	3,660	1	1	3,660
7,600	23	57.50	174,800	1.52	3,973	1	1	91,379
8,000	2	5.00	16,000	0.14	4,183	1	1	8,366
20,000	1	2.50	20,000	0.17	10,456	1	1	10,456
50,000	2	5.00	100,000	0.87	26,141	1	1	52,282
66,800	2	5.00	133,600	1.16	34,925	1	1	69,850
68,000	1	2.50	68,000	0.59	35,552	1	1	35,552
75,000	1	2.50	75,000	0.65	39,212	1	1	39,212
100,000	1	2.50	100,000	0.87	52,282	1	1	52,282
333,200	1	2.50	333,200	2.90	174,204	1	1	174,204
500,000	1	2.50	500,000	4.36	261,411	1	1	261,411
666,600	1	2.50	666,600	5.81	348,513	1	1	348,513
1,000,000	1	2.50	1,000,000	8.71	522,821	1	1	5,22,821
1,587,000	1	2.50	1,587,000	13.83	829,717	1	1	8,29,717
6,695,000	1	2.50	6,695,000	58.34	3,500,288	1	1	3,500,288
TOTAL	40	100.00	11,476,200	100.00	5,847,338			5,999,993

The Committee of Directors of the company at its meeting held at Mumbai on January 07,2011 has approved the Basis of Allotment of Shares of the issue and has allotted the shares 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 on 10th January, 2011. Further, the instructions to Self Certified Syndicate Banks have been dispatched on or prior to 10th January, 2011. In case the same is not received within 10 days, investors may contact 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 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 Bombay Stock Exchange Limited and National Stock Exchange of India Limited within four working days from the date of approval of the basis of allocation.

INVESTORS PLEASE NOTE

The details of the allotment made would also be hosted on the website of the Registrarto the Issue, Sharex Dynamic (India) Pvt. Ltd. www.sharexindia.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:

Sharex Dynamic (India) Pvt. Ltd.
Contact Person: Mr. K C Ajitkumar
Off: Unit-I, Luthra Industrial Premises, 1' Floor, 44-E, M Vasantji Marg, Andheri-Kuria Rd, Safed Pool, Andheri (E), Mumbai - 400 072 Tel -022-2851 5606 Fax- 022- 2851 2858 Email: info@sharexindia.com

Place: Mumbai Date: January 7, 2011	For Shekhawati Poly-Yarn Limited Sd/- Mukesh Ruia Managing Director

Shekhawati 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 Shekhawati IPO .

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

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

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

Shekhawati IPO Basis of Allotment

Shekhawati IPO Basis of Allotment FAQs

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