SRS IPO Basis of Allotment

SRS LIMITED

The Company was incorporated on August 29,2000 as a 'Public Limited' Company in the name and style of SRS Commercial Company Limited at New Delhi under Registration Number 55-107484 of 2000-01 and obtained the Certificate for Comrrancement of Business on Octoter16,2000. The name of the Company was changed to SRS Entertainmen Limited, pursuant to a fresh certificate of incorporation dated January 25,2005. Further, the name of the Company was changed to SRS Entertainment and Multitrade Limited, pursuant to a fresh certificate of incorporation dated December 15,2008. Again, the name of the Company was changed to SRS Entertainment & Retail Limited, pursuant to a fresh certificate of incorporation dated January 2,2009. Subsequently, the name of the Company was changed to SRS Limited, pursuant to a fresh certificate of incorporation dated July 16,2009. The Corporate Identification Number of the Company is U74999HR2000PLC040183.

Registered Office: 'SRS Multiplex', Top Floor, City Centre, Sector-12, Faridabad, Haryana -121007, India. Ph.: 91129 428 2801 -808, Fax: 91129 428 2809 /10
Contact Person: Ms. Mamta Rastogi, Deputy Company Secretary and Compliance Officer, Ph.: 91129 428 2811/12. Website: www.srsparivar.com; E-mail: ipo@srsparivar.com

For changes in the Registered Office, please refer section titled 'History and Certain Corporate Matters' on Page 122 of the Prospectus.

THE ISSUE PRICE IS 5.8 TIMES OF THE FACE VALUE OF EQUITY SHARES

The Issue was made through a 100% Book Building Process wherein not more than 50% of the Issue was available for allocation on a proportionate basis to Qualified Institutional Buyers ('QIBs'). 5% of the QIB Portion was available for allocation on a proportionate basis to Mutual Funds only, and the remainder of the QIB Portion was available for allocation on a proportionate basis to all QIB Bidders, including Mutual Funds, subject to valid Bids being received at or above the Issue Price. Further, not less than 15% of the Issue was available for allocation on a proportionate basis to Non-Institutional Bidders and not less than 35% of the Issue was available for allocation on a proportionate basis to Retail Individual Bidders, subject to valid Bids being received at or above the Issue Price. The Issue received 5,112 applications for 42,856,800 Equity Shares resulting in 1.224 times subscription. The details of the applications (including ASB Aapplications) received in the issue from Qualified Institutional Bidders, Non-Institutional and Retail Individual Investors are detailed hereunder- (Before Technical Rejections)

Final Demand
The final demand at different Bid Prices is as under:- (As per BSE and NSE as on the Bid/Issue Closing date)

The Basis of Allotment was finalized in consultation with the Designated Stock Exchange, being The Bombay Stock Exchange Limited ('BSE') on September 13, 2011. The Board of Directors of the Company at Its Meeting held on September 13,2011 allotted the Equity Shares to the successful applicants. Details of valid applications received and allotments done are as under:

A. Allocation to Retail Individual Investors (After Technical Rejections) Including ASBA Applications.

The Basis of Allocation to the Retail Individual Investors, who have bid at cut off and / or the Issue Price of Rs. 58/- per Equity Share, was finalized in consultation with BSE. The category was subscribed 0.28 times. As per the Prospectus, the unsubscribed portion of Retail Category is spilt over to Non Institutional Investor Category (8,804,700 Equity Shares). The total number of shares allotted in this category is 3,445,300 Equity Shares to 4,772 successful applicants. The category-wise details of the Basis of Allocation are as under.

B. Allocation to Non Institutional Investors (After Technical Rejections)
The Basis of Allocation to the Non Institutional Investors, who have bid at the Issue Price of Rs. 58/- per Equity Share, was finalized in consultation with BSE. The category was subscribed to the extent of 1.39 times, including spill over from retail category (8,804,700 equity shares) and QIB Category (4,532,000 equity shares). Overall 151 applicants for 25,918,800 Equity Shares were found valid and they were considered for allotment on proportionate basis. The category-wise details of the Basis of Allocation are as under:

C. Allocation to QIBs
The issuer received 12 valid applications for 12,968,000 equity shares against 17,500,000 equity shares reserved for this category resulting in subscription of 0.74 times. As per the Prospectus, the unsubscribed portion of QIB Category is spilt over to Non Institutional Investor Category (4,532,000 Equity Shares). Full allotment is made in this category. Category wise breakup under QIBs is as under-

Refunds will be made through ECS, DirectCredit and NEFT, into the Bank Accounts of the applicants, as registered with the depositories. For other applicants Refund Order is being 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 -Refund Orders have been over-printed with the Bank Accounts 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 has filed listing applications with BSE and NSE and trading in equity shares of the Company is expected to commence on September 16,2011.

INVESTORS PLEASE NOTE

This details of the allocation made would be hosted on the website of Registrars to the Issue, Beetal Flnancial & Computer Services (P) Limited at www.beetalfinancial.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 bid-cum-application form, number of shares bid for, name of the Member of the Syndicate and place where the bid was submitted and payment details at the address given below:

REGISTRAR TO THE ISSUE
BEETAL Financial & Computer Services Private Limited
Beetal House, 3rd Floor, 99 Madangir,
Behind Local Shopping Centre, Near Dada Harsukh Dass Mandir,
New Delhi -110 062. Tel.: +91 11 29961281, Fax: +9111 29961284,
Email: srs_ipo@beetalfinancial.com, Website: www. beetalfinancial.com,
Contact Person: Mr. Puneet Mittal
SEBI Registration No, INR000000262