January 23, 2018 - January 25, 2018

Shree Ram Protiens IPO Basis of Allotment

SHREE RAM PROTEINS LIMITED

Our company was incorporated as Shree Ram Protiens Private Limited under the provision of the companies Act, 1956 vide certificate of incorporation dated August 29, 2008. issued by RoC Gujarat Dadra and Nagar Havelli bearing Corporate Identification Number U01405GJ2008PTC054913. Consequently, it was converted into a public limited company pursuant to shareholders resolution passed at Extra-ordinary General Meeting of our Company held on September 28, 2017 and the name of our Company was changed to Shree Ram Protiens Limited and a fresh certificate of incorporation consequent upon Conversion of Private Company to Public Limited dated October 06,2017 was issued by Registrar of Companies, Ahmedabad. Subsequently the Name our Company was changed from Shree Ram Protiens Limited to Shree Ram Proteins Limited vide fresh certificate of Incorporation Dated November 29,2017 issued by Registrar of Companies Ahmedabad. The Corporate Identification Number of our Company is U101405GJ2008PLC054913 For further details of Incorporation, Change of Name and Registered Office of our company, please refer to chapter titled 'General Information' and 'Our History and Certain Other Corporate Matters' beginning on page 50 and page 134 of the Prospectus.

Registered Office: Imperial Heights Tower-B, Second Floor, Office No. B-206,150 Ft Ring Road, Opp Big Bazar Rajkot Gujarat 360005 India
Tel No.: 0281 -2581152; Fax No.: Not Available E-mail: info@shreeramproteins.com
Website: www.shreeramproteins.com; Corporate Identification Number: U01405GJ2008PLC054913

PROMOTERS OF OUR COMPANY: LAVJIBHAI VALJIBHAI SAVALIYA AND LALITKUMAR CHANDHULAL VASOYA

BASIS OF ALLOTMENT

INITIAL PUBLIC OFFER CONSISTING OF FRESH ISSUE OF 64,20,000 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH FULLY PAID FOR CASH AT A PRICE OF RS. 31/- PER EQUITY SHARE (THE 'ISSUE PRICE') (INCLUDING A SHARE PREMIUM OF RS. 21/- PER EQUITY SHARE) AGGREGATING RS. 1990.20 LAKHS (THE 'ISSUE'), OF WHICH 3,24,000 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH FOR CASH AT A PRICE OF RS. 31/- PER EQUITY SHARE, AGGREGATING RS. 100.44 LAKHS WILL BE RESERVED FOR SUBSCRIPTION BY THE MARKET MAKER TO THE ISSUE (THE 'MARKET MAKER RESERVATION PORTION'). THE ISSUE LESS MARKET MAKER RESERVATION PORTION I.E. ISSUE OF 60,96,000 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH FOR CASH AT A PRICE OF RS. 31/- PER EQUITY SHARE, AGGREGATING RS. 1889.76 LAKHS IS HEREINAFTER REFERED TO AS THE 'NET ISSUE'. THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 29.97% AND 28.46% RESPECTIVELY OF THE FULLY DILUTED POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY.

Risks to Investors:

I. As on date of the Prospectus, the average cost of acquisition per Equity Share by our Promoters viz. Lavjibhai Savliya is 9.24, Laitkumar Vasoya is 9.81.
II. In terms of Prospectus dated January 30, 2018 and as per SEBI (ICDR) Regulations, 2009 wherein

(a) minimum of 50% of the Net Offer to Public shall initially be made available to Retail Individual Investors.
(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/ institutions irrespective of no. of shares applied for.
(c) the unsubscribed portion of the net offer to any one of the categories specified in (a) or (b) shall/may be made available for allocation in any other category, if so required
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

All Investors have participated in this offer through ASBA process. For details in this regards, specific attention is invited to chapter 'Issue Procedure' on page 218 of the Prospectus.

THE FACE VALUE OF EQUITY SHARES IS RS. 10/- EACH.
THE ISSUE PRICE IS RS. 31/-AND IS 3.1 TIMES THE FACE VALUE OF THE EQUITY SHARES
ISSUE OPENED ON: TUESDAY, JANUARY 23, 2018 AND CLOSED ON: THURSDAY, JANUARY 25, 2018

The Equity Shares of our Company issued through the Prospectus are proposed to be listed on the EMERGE Platform of National Stock Exchange of India Limited ('NSE EMERGE'). In terms of the Chapter XB of the SEBI (ICDR) Regulations, 2009 as amended from time to time. Our Company has received an approval letter dated December 29, 2017 from NSE EMERGE for using its name in the Issue document for listing of our shares on the EMERGE Platform of National Stock Exchange of India Limited. For the purpose of this Issue, EMERGE Platform of the National Stock Exchange of India Limited shall be the Designated Stock Exchange.

SUBSCRIPTION DETAILS

The Issue has received 5233 applications for 2,96,84,000 Equity shares (Before Technical Rejections, bids not banked, invalid duplicate bids and invalid multiple bids) including Market Maker Application of 3,24,000 Equity Shares. The issue was subscribed to the extent of 4.6237 times as per the application data (before technical rejection, bids not banked, invalid duplicate bids and invalid multiple bids). After considering the technical rejections cases, the issue was subscribed 4.2654 times. The details of application received (Before Technical Rejection but after bids not banked, invalid duplicate bids and invalid multiple bids)

CATEGORY	NUMBER OF APPLICATIONS	NUMBER OF EQUITY SHARES	SUBSCRIPTION
Market Makers	1	3,24,000	1.00
Other than Retail Individual Investors	44	75,72,000	2.4843
Retail Individual Investors	5003	2,00,12,000	6.5656
TOTAL	5048	2,79,08,000

Final Demand

Sr.No.	Bid Price	No. of Equity Shares Bid	% to total	Cumulative total	% of Cumulative total
1.	27.00	132000	0.45%	132000	0.45%
2.	28.00	8000	0.03%	140000	0.48%
3.	29.00	44000	0.15%	184000	0.63%
4.	30.00	80000	0.27%	264000	0.90%
5.	31.00	23768000	80.81%	24032000	81.71%
6.	CUT-OFF	5380000	18.29%	29412000	100.00%
	Total	29412000	100.00%

ALLOCATION: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - EMERGE Platform of the National Stock Exchange of India Limited on January 31,2018

Allocation to Market Maker (After Technical Rejections and bids not banked): The Basis of Allotment to the Market Maker, at the issue price of Rs. 31/- per Equity Share, was finalized in consultation with National Stock Exchange of India Limited. The category was subscribed by 1.00 times. The total number of shares allotted in this category is 3,24,000 Equity shares in full out of reserved portion of 3,24,000 Equity Shares.

B.AIIocation to Retail Individual Investors (After Technical Rejections and bids not banked): The Basis of Allotment to the Retail Individual Investors, at the issue price of Rs. 31/- per Equity Share, was finalized in consultation with National Stock Exchange of India Limited. The category was subscribed by 4.4356 times. Total number of shares allotted in this category is 44,08,000 Equity Shares. The category wise basis of allotment is as under:

No. of Shares Applied for (Category wise)	No. Of Applications received	% to total	Total No. of Equity Shares applied	% to total	Proportionate Shares Available	Allocation per Applicant (Before Rounding Off)	Allocation per Applicant (After Rounding Off)	Ratio of Allottees to the Applicants	Total No. of Equity Shares allotted	Surplus/ (Deficit)
4000	4888	100	19552000	100	4408000	901.80	4000.00	16:71	4408000	0

*The Retail Individual Investors category is entitled to more than fifty percent i.e. 72.25% of Net Issue on proportionate basis.

C. Allocation to Other than Retail Individual Investor (After Technical Rejection and bids not banked): The Basis of Allotmentto other than Retail Individual Investors, at the issue price of Rs 31/- per Equity Share, was finalized in consultation with National Stock Exchange of India Limited. The category was subscribed by 4.4479 times.
Total number of shares allotted in this category is 1688000 Equity Shares. The category wise basis of allotment is as under:

No. of Shares Applied for (Category wise)	No. of Applications received	% to total	Total No. of Equity Shares applied	% to total	Proportionate Shares Available	Allocation per Applicant (Before Rounding Off)	Allocation per Applicant (After Rounding Off)	Ratio of Allottees to the Applicants	Total No. of Equity Shares allotted	Surplus/ (Deficit)
8,000	7	16.28	56,000	0.75	12590	1798.57	4000.00	3:7	12,000	-590
12,000	2	4.65	24,000	0.32	5396	2698.00	4000.00	1:2	4,000	-1396
16,000	4	9.30	64,000	0.85	14390	3597.25	4000.00	1:1	16,000	1610
20,000	2	4.65	40,000	0.53	8993	4496.50	4000.00	1:1	8,000	-993
24,000	3	6.98	72,000	0.96	16188	5396.00	4000.00	1:1	12,000	-4188
28,000	1	2.33	28,000	0.37	6295	6295.00	8000.00	1:1	8,000	1705
32,000	1	2.33	32,000	0.43	7194	7194.00	8000.00	1:1	8,000	806
36,000	1	2.33	36,000	0.48	8094	8094.00	8000.00	1:1	8,000	-94
40,000	3	6.98	1,20,000	1.60	26979	8993.00	8000.00	1:1	24,000	-2979
44,000	1	2.33	44,000	0.59	9892	9892.00	12000.00	1:1	12,000	2108
64000	2	4.65	128000	1.70	28778	14389.00	16000.00	1:1	32000	3222
104000	1	2.33	104000	1.39	23382	23382.00	24000.00	1:1	24000	618
128000	2	4.65	256000	3.41	57556	28778.00	28000.00	1:1	56000	-1556
160000	3	6.98	480000	6.39	107917	35972.33	36000.00	1:1	108000	83
200000	2	4.65	400000	5.33	89931	44965.50	44000.00	1:1	88000	-1931
276000	1	2.33	276000	3.68	62052	62052.00	64000.00	1:1	64000	1948
320000	4	9.30	1280000	17.05	287778	71944.50	72000.00	1:1	288000	222
1292000	1	2.33	1292000	17.21	290476	290476.00	292000.00	1:1	292000	1524
1340000	1	2.33	1340000	17.85	301268	301268.00	300000.00	1:1	300000	-1268
1436000	1	2.33	1436000	19.13	322851	322851.00	324000.00	1:1	324000	1149
		100.00	7508000	100.00					1688000	0

The Board of Directors of the Company at its meeting held on February 01, 2018 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz. National Stock Exchange of India Limited and authorized corporate action for allotment of shares in dematerialized form to various successful applicants.

The allotment cum refund advise and/or notice will be dispatched to the address of the Applicants as registered with depositories. Further, the instructions to SCSBs shall be issued on February 01, 2018, 2018 for unblocking of funds. 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. In case the same is not received within prescribed time, Investors may contact the registrarto the Issue at the address given below. The Company is taking steps to get the Equity Shares admitted for trading on the EMERGE Platform of the National Stock Exchange of India Limited within six working days from the date of the closure of the Issue. The trading is proposed to commence on or before Monday February 05, 2018 subject to receipt of listing and trading approvalsfrom NSE.

INVESTORS PLEASE NOTE

The details of the allotment made will be hosted on the website of the Registrar to the Issue at www.linkintime.co.in. All future correspondence in this regard may kindly be addressed to the Registrar 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 of the Registrar given below:

LINK INTIME INDIA PRIVATE LIMITED
C-101,1st floor, 247 Park, L.B.S. Marg,
Vikhroli (West), 400083, Maharashtra, India
Tel: +91 22 49186200 Fax: +91 22 49186195
Email: srpl.ipo@linkintjme.co.in Website: www.linkintime.co.in
Investor Grievance Id: srpl.ipo@linkintime.co.in
Contact Person: Shanti Gopalkrishnan
SEBI Registration No: INR000004058

Date: February 01, 2018 Place: Rajkot, Gujarat	For Shree Ram proteins Limited On behalf of the Board of Directors Sd/- Lalitkumar Vasoya Managing Director

Shree Ram Protiens 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 Shree Ram Protiens IPO .

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

Visit the Shree Ram Protiens IPO allotment status page to check the number of shares allocated to your application.

In Shree Ram Protiens 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 Shree Ram Protiens IPO basis of allotment document to know how the shares are allocated in Shree Ram Protiens IPO.

Shree Ram Protiens IPO Basis of Allotment

Shree Ram Protiens IPO Basis of Allotment FAQs

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