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September 21, 2017 - September 26, 2017

Shree Tirupati IPO Basis of Allotment

SHREE TIRUPATI BALAJEE FIBC LIMITED

Our Company was originally incorporated as Shree Tirupati Balajee FIBC Private Limited at Indore, Madhya Pradesh, as a Private Limited Company under the provision of Companies Act, 1956 vide Certificate of Incorporation dated October 21, 2009 bearing Corporate Identification Number U25202MP2009PTC022526 issued by the Registrar of Companies, Madhya Pradesh and Chattisgarh, Gwalior. Subsequently our Company was converted into a public limited company pursuant to special resolution passed by the members in extraordinary general meeting held on May 25, 2017 and the name of our Company was changed to Shree Tirupati Balajee FIBC Limited vide a Fresh Certificate of Incorporation dated June 09, 2017, issued by Registrar of Companies, Gwalior. The Corporate Identification number of our Company is U25202MP2009PLC022526. For further details of Business, Incorporation, Change of Name and Registered Office of our company, please refer to chapter titled 'Our Business' and 'Our History and Certain Other Corporate Matters' beginning on page 113 and page 130 of the Prospectus.

Registered Office: Plot No. A.P.-14 (Apparel Park), SEZ Phase-II, Industrial Area, Pithampur, Madhya Pradesh - 454774, India,
Tel. No.: 0731-4217400; Fax No.: Not Available; E-mail: cs@tirupatibalajee.com; Website: www.tirupatibalajee.com
Corporate Identification Number:
U25202MP2009PLC022526; Contact Person: Vipul Goyal, Company Secretary and Compliance Officer

PROMOTERS OF OUR COMPANY: BINOD KUMAR AGARWAL, ANANT TREXIM PRIVATE LIMITED AND
NAGESHWAR VINIMAY PRIVATE LIMITED

BASIS OF ALLOTMENT

INITIAL PUBLIC OFFER CONSISTING OF FRESH ISSUE OF 27,00,000 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH FULLY PAID FOR CASH AT A PRICE OF RS. 40 PER EQUITY SHARE (THE 'ISSUE PRICE') (INCLUDING A SHARE PREMIUM OF RS. 30 PER EQUITY SHARE) AGGREGATING UP TO RS. 1080 LAKHS (THE 'ISSUE'), OF WHICH 1,44,000 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH FOR CASH AT A PRICE OF RS. 40/- PER EQUITY SHARE, AGGREGATING RS. 57.6 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 25,56,000 EQUITY SHARES OF FACE VALUE OF RS. 10/-EACH FOR CASH AT A PRICE OF RS.40/-PER EQUITY SHARE, AGGREGATING RS. 1022.40 LAKHS IS-HEREINAFTER REFERRED TO AS THE 'NET ISSUE'. THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 26.65% AND 25.23% RESPECTIVELY OF THE FULLY DILUTED POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY.

RISKS TO INVESTORS:

I. As on dafe of the Prospectus, the average cost of acquisition per Equity Share by our Promoters viz. Binod Kumar Agarwal is Nil*, Anant Trexim Private Limited is 6.67 and NageshwarVinimay Private Limited is 6.67.
*The cost of acquisition is negligible because 20,000 shares were transferred to Binod Agarwal as gift and 2,20,000 shares were allotted to him by way of bonus allotment in the ratio of 11 equity shares for every 1 equity share held.
In terms of Prospectus dated September 27, 2017 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 many 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 250 of the Prospectus.

THE FACE VALUE OF EQUITY SHARES IS RS. 10/- EACH.
THE ISSUE PRICE  RS. 40/- AND IS 4.0 TIMES THE FACE VALUE OF THE EQUITY SHARES
ISSUE OPENED ON: THURSDAY, SEPTEMBER 21, 2017 AND CLOSED ON: TUESDAY, SEPTEMBER 26, 2017

The Equity Shares of our Company issued through the Prospectus are proposed to be listed or 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 August 10, 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 968 applications for 5643000 Equity shares (Before Technical Rejections, bids not banked and invalid duplicate bids) including Market Maker Application of 1,44,000 Equity Shares. The issue was subscribed to the extent of 2.09 times as per the application data (before technical rejection, bids not banked and invalid duplicate bids). After considering the technical rejections cases, the issue was subscribed 1.73 times.

The details of application received (Before Technical Rejection but after bids not banked and invalid duplicate bids)

CATEGORY NUMBER OF APPLICATIONS NUMBER OF EQUITY SHARES SUBSCRIPTION
Market Maker 1 1,44,000 1.00
Other than Retail individual Investors 63 20,61,000 1.61
Retail Individual Investors 853 25,59,000 2.00
TOTAL 917 47,64,000 1.76

Final Demand

Sr.No Bid Price No. of Equity Shares Bid % to total Cumulative total % of Cumulative total
1. 36.00 21,000 0.38 21,000 0.00
2. 37.00 3,000 0.05 24,000 0.00
3. 38.00 6,000 0.11 30.000 0.01
4. 39.00 0 0.00 30,000 0.01
5. 40.00 45,84,000 82.42 46,14,000 0.83
CUTOFF 9,48,000 17.04 55,62,000 1.00
TOTAL 55,62,000 100

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 September 29, 2017

A. Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the issue price of Rs. 40/- 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 1,44,000 Equity shares in full out of reserved portion of 1,44,000 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. 40/- per Equity Share, was finalized in consultation with National Stock Exchange of India Limited. The category was subscribed by 1.77 times. Total number of shares allotted in this category is 24,81,000 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)
3,000 827 100 24,81,000 100 14,01,000 1694.07 3,000 467:827 14,01,000 0

C. Allocation to Other than Retail Individual Investor (After Technical Rejection): The Basis of Allotment to other than Retail Individual Investors, at the issue price of Rs. 43/-per Equity Share, was finalized in consultation with National Stock Exchange of India Limited. The category was subscribed by 1.60 times. Total number of shares allotted in this category is 20,46,000 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)
6,000 21 34.43 1,26,000 6.16 71,129 3,387.10 3,000 1:1 63,000 -8,129
6,000 3,000 3:21 9,000 9,000
9,000 8 13.11 72,000 3.52 40,645 5,080.65 3,000 1:1 24,000 -16,645
9,000 3,000 6:8 18,000 18,000
12,000 5 8.20 60,000 2.93 33.871 6,774.19 6,000 1:1 30,000 -3,871
12,000 3,000 1:5 3,000 3,000
15,000 2 3.28 30,000 1.47 16,935 8,467.74 9,000 1:1 18,000 1,065
18,000 3 4.92 54,000 2.64 30,484 10,161.29 9.000 1:1 27,000 -3,484
18,000 3,000 1:3 3,000 3,000
24,000 1 1.64 24,000 1.17 13,548 13,548.39 12,000 1:1 12,000 -1,548
27,000 3 4.92 81,000 3.96 45,726 15,241.94 15,000 1:1 45,000 -726
30,000 1 1.64 30,000 1.47 16,935 16,935.48 18,000 1:1 18,000 1,065
42,000 1 1.64 42,000 2.05 23,710 23,709.68 24,000 1:1 24,000 290
45,000 1 1.64 45.000 2.20 25,403 25,403.23 24,000 1:1 24,000 -1,403
48,000 1 1.64 48.000 2.35 27,097 27,096.77 27,000 1:1 27,000 -97
57,000 1 1.64 57,000 2.79 32,177 32,177.42 33,000 1:1 33,000 823
60,000 2 3.28 1,20,000 5.87 67,742 33,870.97 33,000 1:1 66,000 -1,742
63,000 2 3.28 1,26,000 6.16 71,129 35,564.52 36,000 1:1 72,000 871
66,000 1 1.64 66,000 3.23 37,258 37,258.06 36,000 1:1 36,000 -1,258
75,000 1 1.64 75,000 3.67 42,339 42,338.71 42,000 1:1 42,000 -339
1,02,000 2 3.28 2,04,000 9.97 1,15,161 57,580.65 57,000 1:1 1,14,000 -1,161
1,26,000 2 3.28 2,52,000 12.32 1,42,258 71,129.03 72,000 1:1 1,44,000 1,742
1,50,000 1 1.64 1,50,000 7.33 84,677 84,677.42 84,000 1:1 84,000 -677
1,89,000 1 1.64 1,89,000 9.24 1,06,694 1,06,693.55 1,08,000 1:1 1,08,000 1,306
1.95,000 1 1.64 1,95,000 9.53 1,10,082 1,10,080.65 1,11,000 1:1 1,11,000 918
Grand Total 61 100 20,46,000 100 11,55,000 11,55,000 0

The Board of Directors of the Company at its meeting held on September 30, 2017 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 CAN and allotment advice and/or notices shall be dispatched to the address of the Applicants as registered with the depositories / as filled in the application form on or before October 05, 2017. Further, the instructions to SCSBs shall be issued on October 03, 2017 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 registrar to 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 October 05, 2017 subject to receipt of listing and trading approvals from NSE.

INVESTORS PLEASE NOTE

The details of the allotment made will be hosted on the website of the Registrar to the Issue at www.bigshareonline.com. 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:

BIGSHARE SERVICES PRIVATE LIMITED
1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis, Makwana Road, Marol, Andheri East,
Mumbai - 400 059, Maharashtra, India; Tel: +91 22 62638200; Fax: +91 22 62638299
Email: ipo@bigshareonline.com; Website: www.bigshareonline.com
Investor Grievance Id: investor@bigshareonline.com
Contact Person: Srinivas Dornala; SEBI Registration No.: INR000001385

Date: October 03, 2017
Place: Indore, Madhya Pradesh

For SHREE TIRUPATI BALAJEE FIBC LIMITED
On behalf of the Board of Directors
Sd/-
Binod Kumar Agarwal
Joint Managing Director

Shree Tirupati 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 Tirupati IPO .

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

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

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