September 29, 2014 - October 10, 2014

Starlit Power IPO Basis of Allotment

STARLIT POWER SYSTEMS LIMITED

Corporate Identity Number: U37200DL2008PLC174911

Our Company was incorporated as Starlit E Recyclers Private Limited under the provisions of the Companies Act, 1956 vide certificate of incorporation dated March 04,2008, in Delhi. Subsequently, Our Company was converted into a public limited company vide fresh certificate of incorporation dated January 25,2012. Further, the name of our Company was changed to "Starlit Power Systems Limited' vide fresh certificate of incorporation dated February 13,2012, in Delhi. The Corporate Identification Number of Our Company is U37200DL2008PLC174911. For details of change in registered office of our Company please refer to chapter titled "Our History and Certain Other Corporate Matters" beginning on page 110 of the Prospectus.

Registered Office: A-1/20, LGF, Safdarjung Enclave, New Delhi -110029, India
Tel No: (011)26102570/46027970/46037870; Fax No: (011)26102670; E-mail: info@starlitlead.com; Website: www.starlitlead.com
CONTACT PERSON: MS. ARCHANA MISHRA, COMPANY SECRETARY AND COMPLIANCE OFFICER
PROMOTERS OF OUR COMPANY: MR. SACHIN SHRIDHAR AND STARLIT FINANCE LIMITED

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 16,40,000 EQUITY SHARES OF FACE VALUE OF RS 10/- EACH FULLY PAID UP OF STARLIT POWER SYSTEMS LIMITED ("SPSL" OR THE "COMPANY" OR THE "ISSUER") FOR CASH AT A PRICE OF RS 18/- PER EQUITY SHARE (THE "ISSUE PRICE") (INCLUDING A SHARE PREMIUM OF RS 8/- PER EQUITY SHARE AGGREGATING RS 295.20 LAKHS (THE "ISSUE") BY OUR COMPANY, OF WHICH 88,000 EQUITY SHARES OF RS 10/- FULLY PAID UP EACH WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER TO THE ISSUE ("MARKET MAKER RESERVATION PORTION"). THE ISSUE LESS THE MARKET MAKER RESERVATION PORTION I.E. ISSUE OF 15,52,000 EQUITY SHARES OF RS 10/- EACH FULLY PAID UP IS HEREINAFTER REFERRED TO AS THE "NET ISSUE". THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 26.82% AND 25.38%, RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF THE COMPANY.

THIS ISSUE IS BEING MADE IN TERMS OF CHAPTER XB OF THE SEBI (ICDR) REGULATIONS, 2009, AS AMENDED FROM TIME TO TIME.
For further details please refer to "Section Vll-lssue Information" beginning on page 205 of the Prospectus.
THE FACE VALUE OF THE EQUITY SHARES IS RS 10/- EACH AND THE ISSUE PRICE IS RS 18/-THE ISSUE PRICE IS 1.80 TIMES OF THE FACE VALUE

ISSUE OPENED ON MONDAY, SEPTEMBER 29, 2014

ISSUE CLOSED ON FRIDAY, OCTOBER 10, 2014

PROPOSED LISTING: OCTOBER 22,2014

The Equity Shares issued through the prospectus are proposed to be listed on the SME Platform of BSE Limited. In terms of the Chapter XB of the SEBI (ICDR) Regulations, 2009, as amended, we are not required to obtain an in-principle listing approval for the shares being issued in this Issue. However, our Company has receivedan approval letter dated May 16, 2014 from BSE for using its name in the prospectus for listing of our Equity shares on the SME Platform of BSE. For the purpose of this issue, the Designated Stock Exchange will be the BSE Limited ("BSE").The trading is proposed to be commenced with effect from October 22, 2014*.
'Subject to receipt of listing and trading approvals from the BSE Limited.
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 139 applications for 24,40,000 Equity Shares resulting in 1.49 times subscription (including reserved portion of Market Maker). The details of the applications received in the Issue (before technical rejections and after cheque returns) are as follows:

Detail of the Applications Received (Before Technical Rejection & After Cheque Return)

Category	No. of Applications	%	No. of Equity Shares	%	Subscription (Times)
Market Maker	1	0.72	88,000	3.61	1.00
Retail Individual Investors	119	85.61	9,52,000	39.02	1.23
Other than Retail Individual Investors	19	13.67	14,00,000	57.38	1.80
Total	139	100.00	24,40,000	100.00	1.49

The details of applications rejected by the Registrar on technical grounds (including withdrawals) are detailed below:

(Technical rejection)

Category	No. of Applications	No. of Equity Shares
Market Maker	0	0
Retail Individual Investors	4	32,000
Other than Retail Individual Investors	1	16,000
Total	5	48,000

After eliminating technically rejected applications, the following tables gives us Category wise net valid applications:

Category	No. of Applications	%	Issue Size (as per Prospectus)	Proportionate Issue Size	No. of Valid Shares applied	% to Total Applied	Subscription (Times)
Retail Individual Investors	115	85.82	7,76,000	7,76,000	9,20,000	38.46	1.19
Other than Retail Individual Investors	18	13.43	7,76,000	7,76,000	13,84,000	57.86	1.78
Market Maker	1	0.75	88,000	88,000	88,000	3.68	1.00
Grand Total	134	100.00	16,40,000	16,40,000	23,92,000	100.00	1.46

Allocation: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - BSE Limited on October 17, 2014.

A. Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the issue price of� Rs 18/- per Equity Share, was finalized in consultation with BSE. The category was subscribed by 1.00 times. The total number of shares allotted in this category is 88,000 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 18/- per Equity Share, was finalised in consultation with BSE. The category was subscribed by 1.19 times. The total number of shares allotted in this category is 7,76,000 Equity Shares to 115 successful applicant.
The Category-wise details of the Basis of Allotment are as under:

No. of Shares applied for (Category wise)	Number of applications received	%To Total	Total No.of Shares applied in each category	%To Total	Proportionate shares available	Allocation per Applicant (before rounding off)	Allocation per Applicant (after rounding off)	Ratio of allotteesto applicants: RATI01	Ratio of allotteesto applicants: RATIO 2	Number of successful applicants (after rounding off)	Total No. of Shares allocated/ allotted	No. of Shares Surplus/ Deficit
8,000	115	100	9,20,000	100	7,76,000	6,747.83	8,000	70	83	97	7,76,000	0

C. Allocation to Other than Retail Individual Investors (After Technical Rejections& Withdrawal):

The Basis of Allotment to the Non Institutional Investors, at the issue price of � Rs18/- per Equity Share, was finalized in consultation with BSE. The category was subscribed 1.78 times. The total number of shares allotted in this category is 7,76,000 Equity Shares. The Category-wise details of the Basis of Allotment are as under:

No. of Shares applied for (Category wise)	Number of applications received	%To Total	Total No.of Shares applied in each category	%To Total	Proportionate shares available	Allocation per Applicant (before rounding off)	Allocation per Applicant (after rounding off)	Ratio of allotteesto applicants: RATI01	Ratio of allotteesto applicants: RATIO 2	Number of successful applicants (after rounding off)	Total No. of Shares allocated/ allotted	No. of Shares Surplus/ Deficit
16,000	7	38.89	1,12,000	8.09	62,798	8,971.1	8,000	1	1	7	56,000	-6798
24,000	3	16.67	72,000	5.2	40,370	13,456.65	16,000	1	1	3	48,000	7630
32,000	1	5.56	32,000	2.31	17,942	17,942.2	16,000	1	1	1	16,000	-1942
80,000	2	11.11	1,60,000	11.56	89,711	44,855.49	40,000	1	1	2	80,000	-9711
80,000							8,000	1	2:1		8,000	8000
1,44,000	2	11.11	2,88,000	20.81	1,61,480	80,739.88	80,000	1	1	2	1,60,000	-1480
1,60,000	1	5.56	1,60,000	11.56	89,711	89,710.98	88,000	1	1	1	88,000	-1711
2,80,000	2	11.11	5,60,000	40.46	3,13,988	1,56,994.22	1,60,000	1	1	2	3,20,000	6012

The Board of Directors of the Company at its meeting held on October 18, 2014 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz. BSE Ltd and has authorized the corporate action for the transfer of the Equity Shares to various successful applicants.

The Refund/allotment intimation are being dispatched to the address of the Applicants as registered with the depositories on or before October 20, 2014. Further, the instructions to Self Certified Syndicate Banks for unblocking the amount are being processed on or prior to October 20, 2014. In case the same is not received within ten days, investors may contact Registrar at the address given below. 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 SME Platform of BSE Limited within twelve working days from the date of the closure of the Issue. Note: All capitalized terms used and not defined herein shall have the respective meaning assigned to them in the Prospectus dated September 15,2014 ("Prospectus").

INVESTORS PLEASE NOTE

The details of the allotment made would also be hosted on the website of the Registrar to the Issue, BIGSHARE SERVICES PRIVATE LIMITED at www.bigshareonline.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:

BIGSHARE SERVICES PRIVATE LIMITED
E-2 Ansa Industrial Estate. Sakhivihar Road. Sakinaka, Andheri East, Mumbai - 400072
Tel. No.: +91-22-4043 0200, Fax No.: + 91-22-2847 5207, Email: ipo@bigshareonline.com
Website: www.bigshareonline.com, Contact Person: Mr. Ashok Shetty
SEBI Regn. No.: INR000001385

Date : October 18,2014 Sd/- Place : New Delhi	For Starlit Power Systems Limited On behalf of the Board of Directors Sd/- Managing Director

Starlit Power 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 Starlit Power IPO .

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

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

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

Starlit Power IPO Basis of Allotment

Starlit Power IPO Basis of Allotment FAQs

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