August 22, 2012 - August 28, 2012

SRG Housing Finance IPO Basis of Allotment

SRG HOUSING FINANCE LTD

Our Company was originally incorporated as a private company under the name of Vitalise Finlease Private Ltd. on March 10,1999 with the Registrar of Companies, Jaipur, Rajasthan. For details pertaining to the changes in our name and Registered Office, see 'History and Other Corporate Matters' on page 98 of the Prospectus.
Registered Office: 321, S. M. Lodha Complex, Near Shastri Circle, Udaipur-313001, Rajasthan, India.
Tel: +91 - 294 - 2412 609/ 2561 882; Fax: +91 - 294 - 5100 098; Email: srghousing@gmail.com; Website: www.srghousing.com Contact Person: Ms. Tanushree Trivedi, Company Secretary and Compliance Officer.

OUR PROMOTERS: MR. VIN0D JAIN, MR. RAJESH JAIN & MRS. SEEMA JAIN

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 35,04,000 EQUITY SHARES OF Rs. 10/- EACH ('EQUITY SHARES') OF SRG HOUSING FINANCE LIMITED ('SHFL' OR THE 'COMPANY' 0R THE 'ISSUER') FOR CASH AT A PRICE OF Rs. 20/- PER SHARE (THE 'ISSUE PRICE'), AGGREGATING TO Rs. 700.80 LACS ('THE ISSUE'), OF WHICH, 4,98,000 EQUITY SHARES OF Rs. 10/- EACH WILL BE RESERVED FOR SUBSCRIPTION BY THE PROMOTERS (THE 'PROMOTERS CONTRIBUTION') AND 4,08,000 EQUITY SHARES OF Rs. 10/- EACH WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKERS TO THE ISSUE (THE 'MARKET MAKER RESERVATION PORTION'). THE ISSUE LESS THE PROMOTERS CONTRIBUTION AND THE MARKET MAKER RESERVATION PORTION I.E. ISSUE OF 25,98,000 EQUITY SHARES OF Rs. 10/- EACH IS HEREINAFTER REFERRED TO AS THE 'NET ISSUE'. THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 43.36% AND 32.15%, RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF THE COMPANY. THIS BEING A FIXED PRICE, AS PER SUB CLAUSE (4) OF REGULATION 43 OF THE SEBI (ICDR) REGULATIONS, 2009 AS AMENDED (THE 'SEBI REGULATIONS'), OUT OF THE NET OFFER OF 25,98,000 EQUITY SHARES, NOT LESS THAN 50% SHALL BE AVAILABLE TO RETAIL INDIVIDUAL INVESTORS AND THE REMAINING TO INDIVIDUAL APPLICANTS OTHER THAN RETAIL INVESTORS AND OTHER INVET0RS INCLUDING CORPORATE BODIES OR INSTITUTIONS IRRESPECTIVE OF THE NUMBER OF SHARES APPLIED FOR . IF THE RETAIL INDIVIDUAL INVESTOR CATEGORY IS ENTITLED TO MORE THAN 50% ON PROPORTIONATE BASIS, THEY SHALL BE ALLOTTED THAT HIGHER PERCENTAGE.
This being a Fixed Price Issue, the allocation In the Net Offer to the Public category shall be made as Reg. 43(4) of the SEBI (ICDR) Regulations, 2009, as amended from time to time.

THE FACE VALUE OF OUR EQUITY SHARES IS Rs.10/- EACH. THE ISSUE PRICE OF EQUITY SHARES IS Rs. 20/- EACH AND THE ISSUE PRICE IS 2.0 TIMES OF THE FACE VALUE. ISSUE OPENED ON AUGUST 22,2012 AND CLOSED ON AUGUST 28,2012.

The Equity Shares of the Company are proposed to be listed on the SME Platform of BSE Limited ('BSE'). In terms of the Chapter XB of the SEBI (ICDR) Regulations, 2009, as amended from time to time, we are not required to obtain an in-principle listing approval from BSE. However, our Company has received an approval via letter dated July 23,2012 from BSE for using its name in the offer document for listing of our shares on the SME Platform of BSE. BSE shall be the Designated Stock Exchange for the purpose of this Issue. The trading is proposed to be commenced on or before September 11,2012.*
* Subject to receipt of listing and trading approvals from the BSE Limited.

This being a Fixed Price Issue, the allocation in the Net Offer to the Public category shall be made as Reg. 43(4) of the SEBI (ICDR) Regulations, 2009, as amended from time to time, wherein a minimum of 50%: of the Net Offer of shares to the Public shall initially be made available for allotment to Retail individual investors. The balance Net Offer of Shares to the public shall be made available for allotment to individual Applicants other than Retail Individual Investors and other Investors, including Corporate Bodies/ Institutions irrespective of number of shares applied for. The unsubscribed portion of the Net Offer to any one of the categories specified above shall/may be made available for allocation to Applicants in the other category, if so required. All Applicants were allowed to participate in the Issue through APPLICATIONS SUPPORTED BY BLOCKED AMOUNT ('ASBA') process by providing the details of their respective bank accounts in which the corresponding application amounts were blocked by Self Certified Syndicate Banks (the 'SCSBs').

SUBSCRIPTION DETAILS

The Issue has received 161 applications for 41,04,000 Equity Shares resulting in 1.17 times subscription (including reserved portion of Promoters Contribution & Market Maker). The details of the applications received in the Issue (before technical rejections) are as follows:
Detail of the Applications Received (Before Technical Rejection)

CATEGORY	NO. OF APPLICATIONS	NO. OF EQUITY SHARES	SUBSCRIPTION
Promoters Contribution	3	4,98,000	1.00
Market Maker	1	4,08,000	1.00
Retail Individual Applicant	112	6,72,000	0.52
Non - Retail Individual Applicant	45	25,26,000	1.94
Total	161	41,04,000	1.17

Detail of the Applications Received (After Technical Rejection)

CATEGORY	NO. OF APPLICATIONS	NO. OF EQUITY SHARES	SUBSCRIPTION
Promoters Contribution	3	4,98,000	1.00
Market Maker	1	4,08,000	1.00
Retail Individual Applicant	111	6,66,000	0.51
Non - Retail Individual Applicant	43	24,54,000	1.89
Total	158	40,26,000	1.15

In the event of oversubscription, the allotment will be made on a proportionate basis in marketable lots. There was under-subscription of 6,33,000 Equity Shares in Retail Category & over-subscription of 11,55,000 Equity Shares in Non - Retail Category. The unsubscribed portion of Retail Category i.e. 6,33,000 equity shares has been added to the Non - Retail Category. The Basis of Allotment was finalised in consultation with the Designated Stock Exchange - BSE Limited on September 04, 2012.

A) Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the issue price of Rs. 20/- per Equity Share, was finalised in consultation with BSE. The total number of shares allotted in this category is 4,08,000 Equity Shares. The category was subscribed by 1.00 time. 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 Allottees to the Applicant	Total No. of Shares Allotted
4,08,000	1	100.00	4,08,000	100.00	4,08,000	1:1	4,08,000
Total	1	100.00	4,08,000	100.00			4,08,000

B) Allocation to Retail Individual Investors (After Technical Rejections): The Basis of Allotment to the Retail Individual Investors, at the issue price of Rs. 20/- per Equity Share, was finalised in consultation with BSE. The total number of shares allocated in this category is 6,66,000 Equity Shares. The category was subscribed by 0.51 times. 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 Allottees to the Applicant	Total No. of Shares Allotted
6,000	111	100.00	6,66,000	100.00	6,000	1:1	6,66,000
Total	111	100.00	6,66,000	100.00			6,66,000

C) Allocation to Non - Retails Individual Investors (After Technical Rejections): The Basis of Allotment to the Non - Retail Individual Investors, at the issue price of Rs. 20/- per Equity Share, was finalised in consultation with BSE. The total number of shares allocated in this category is 19,32,000 Equity Shares (including unsubscribed portion of 6,33,000 Equity Shares of Retail Category). The category was subscribed by 1.27 times. 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 Allottees to the Applicant	Total No. of Shares Allotted
12,000	8	18.60	96,000	3.91	12,000	1:1	96,000
18,000	3	6.98	54,000	2.20	12,000	1:1	36,000
24,000	3	6.98	72,000	2.93	18,000	1:1	54,000
30,000	12	27.91	3,60,000	14.67	24,000	1:1	2,88,000
48,000	11	25.58	5,28,000	21.52	36,000	1:1	3,96,000
60,000	2	4.65	1,20,000	4.89	48,000	1:1	96,000
66,000	1	2.33	66,000	2.69	54,000	1:1	54,000
1,38,000	1	2.33	1,38,000	5.62	1,08,000	1:1	1,08,000
2,52,000	1	2.33	2,52,000	10.27	1,98,000	1:1	1,98,000
7,68,000	1	2.33	7,68,000	31.30	6,06,000	1:1	6,06,000
Total	43	100.00	24,54,000	100.00			19,32,000

The Board of Directors of the Company at its meeting held on September 04,2012 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz. BSE and has authorized the corporate action for the allotment of the Equity Shares to various successful applicants. The CAN-cum-Refund Advices and allotment advice and/or notices have been dispatched to the address of the investors as registered with the depositories. Refunds have been made through ECS, Direct Credit, RTGS and NEFT, into the Bank Accounts of the applicants, as registered with the depositories. For other applicants Refund Orders have been dispatched to their address as registered with the depositories. In case the same is not received within ten working days, investors may contact at the address given below. The Equity Shares allotted to successful applicants have been 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 SME Platform of BSE Limited within 12 working days from the Closure of the Issue.

Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectus dated August 03,2012 ('Prospectus').

INVESTORS PLEASE NOTE
The details of the allotment made has been hosted on the website of the Registrar to the Issue, Sharex Dynamic (India) Private Limited at Website: 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 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 given below:

SHAREX DYNAMIC (INDIA) PVT. LTD.
Contact Person: Shri Ardeshir D. Patel
Unit No.1, Luthra Ind. Premises, 1st Flr, 44-E, M Vasanji Marg, Andheri Kurla Road, Safed Pool, Andheri (E), Mumbai - 400 072.
Tel. No.: +91-22-28515606; Fax No.:+91-22-28512885; E-mail: sharexindia@vsnl.com

Place: Udaipur Date : September 07,2012	FOR SRG HOUSING FINANCE LIMITED On behalf of Board of Directors Sd/- Managing Director

SRG Housing Finance 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 SRG Housing Finance IPO .

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

Visit the SRG Housing Finance IPO allotment status page to check the number of shares allocated to your application.

In SRG Housing Finance 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 SRG Housing Finance IPO basis of allotment document to know how the shares are allocated in SRG Housing Finance IPO.

SRG Housing Finance IPO Basis of Allotment

SRG Housing Finance IPO Basis of Allotment FAQs

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