Sungold Media Entertainment IPO Basis of Allotment

(This is only an advertisement for irformation Purposes and not a prospectus announcement)

SUNGOLD MEDIA AND ENTERTAINMENT LIMITED
(Formerly known as Shree Krishna Holiday Home and Farms Limited)

Our company incorporated as 'Shree krishna Home and Farms Limited' at Ahemedabad under the provision of the Companies Act, 1956 vide certificate of incorporation dated 09th Day of March ,1995 issued by the Registrar of Companies, Ahmedabad, Gujarat. Subsequently, the name of our Company was changed from 'Shree Krishna Homes and Farms Limited' to 'Sungold Media and Entertainment Limited' pursuant to the certificate of Name change obtained by Registrar of Companies, Gujrat on June 30, 2017. The corporate number of our Company is U22100GJ1995PLC024944.

Registerd office: 13, Radhakrushana Mandir Compound, Rajpipla, Nandod, Narmada-393 145, Gujarat India Tel: +91 9099018633
Email: info@sungoldmediaent.com ; Website: http://www.sungoldmediaent.com ; Corporate Identity Number: U22100GJ1995PLC024944
Company Secretary and Compliance officer: Ms. Madhuri Niconkumar Mistry

PROMOTERS OF THE COMPANY: MR. RAJIV RAMESHCHANDRA KOTIA AND MR. RAJ RAJIV KOTIA

BASIS OF ALLOTMENT

PUBLIC OFFER OF RS 13,50,000 EQUITY SHARE OF FACE VALUE OF RS 10/- EACH ('EQUITY SHARE') OF SUNGOLD MEDIA AND ENTERTAINMENT LIMITED (THE 'COMPANY') FOR CASH AT A PRICE OF RS 10./- PER EQUITY SHARE (THE 'OFFER PRICE'). AGGREGATING TO RS. 135.00 LACS ('THE OFFER')
THROUGH AN OFFER FOR SALE COMPRISING OF 13,60,000 EQUITY SHARES BY MR. RAJIV RAMESHCHANDRA KOTIA, OF WHICH 70,000 EQUITY SHARES OF FACE VALUE OF RS. 10 EACH FOR CASH AT A PRICE OF RS. 10/- PER EQUITY SHARE. AGGREGATING TO RS.7.00 LACS WILL BE RESERVED FOR SUB-SCRIPTION BY THE MARKET MAKER TO THE OFFER (THE 'MARKET MAKER RESERVATION PORTION'). THE OFFER LESS MARKET MAKER RESERVATION PORTION I.E.OFFER OF 12,80,000 EQUITY SHARES OF FACE VALUE OF RS. 10 EACH. FOR CASH AT A PRICE OF RS.10/- PER EQUITY SHARE AGGREGATlNG TO RS. 128.00 LACS IS HEREINAFTER REFERRED TO AS THE 'NET OFFER'. THE OFFER AND THE NET OFFER WILL CONSTITUTE 27.00% AND 25.60% RESPECTIVELY OF THE FULLY DILUTED POST OFFER PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY.

In terms of prospectus dated July 27, 2018 and as per Regulation 43(4) of SEBI (ICDR) Regulations, 2009 wherein (a) minimum 50% of the Net offer to Public Shall be intiallly made available to Retail Individual investors as the case may be (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 or institutions, irrespective of no. of Shares applied for, Explanation: for the purpose of Regulation 43(4) of SEBI (ICDR), Regulations, 2009, if the retail individual investors is entitled to more than fifty percent, on proportionate basis, the retail individual investors shall be allocated that higher percentage.

THE FACE VALUE OFTHE EQUITY SHARES IS RS 10.00 EACH AND THE ISSUE PRICE IS RS.10.00 EACH AT PAR WITH THE FACE VALUE
ISSUE OPENED ON August 09, 2018, Thursday and closed on August 14, 2018, Tuesday

The Equity shares offered through the Prospectus are Proposed to be listed on the BSE SME Platform. Our Company has received an approval letter dated july 18, 2018 from BSE for using its name in this offer document for listing our shares on the SME platform of BSE. For the purpose of this issue , the desiggnatec Stock Exchange will be the BSE Limited ('BSE').

SUBSCRIPTION DETAILS

Details of the application
The issue has received 139 (before technical rejections) applications for 25,20,000 Equity shares (including Market Maker Application of 70,000 Equity shares) resulting 1.87 times subscription. The details of the application received in the issue (before technical rejections) are as follows:
Detail of the Valid Applications Received (before technical rejections)

The four applications received in retail individual investor's category and one application received in other than retail individual investor's category was rejected on technical ground.

ALLOCATION: The Basis of Allotment was finalized in consultant with the Designated Stock Exchange BSE Limited ('SME Platform of BSE') on August 21, 2018.

A. Allocation to Market Maker: The Basis of Allotment to the Market Maker, at the issue price of Rs. 10/- per Equity Share, was finalised in consultation with BSE. The category was subscribed by 1.00 times. The total number of shares allotted in this category is 70,000 Equity shares in full out of reserved portion of 70,000 Equity shares.

B. Allocation to Retail Individual Investors (After Technical Rejections): The Basis of Allotmenl to the Retail Individual Investors, at the issue price of Rs.10 per Equity Share, was finalized in consultation with BSE. The category was subscribed by 1.83 times. Total number of shares allotted in this category is 7,00,000.

C. Allocation to Non Retail Investors(After Technical Rejections): The Basis of Allotment to the Non Retail Investors, at the Issue Price of Rs. 10/- per Equity share was finalized in consultation with BSE. The category was subscribed by 1.84 times. Total number of scheme allotted in this caqtegory is 58000:

The board of Directors of the company at its meeting held on August 21, 2018 has taken on record the Basis of Allotment of Equity Shares approved  by the designated stock exchange viz. BSE and has authorized the corporate action for the allotment of the Equity shares in department from to various successful applicants.

The CAN-cum-Refund orders and allotment advice and /or notices are being dispatched to the address of the Applications as registered with the depositories / as filled in the application form on or before august 24,2018. Further the instructions to self certified syndicate Banks being processed on or prior to August 23, 2018.In case the same is not received within 10 days, investors may contact 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 Plaform of BSE Limited within six working days from the date of the closure of the Issue. The trading is proposed to be commenced on or before  August 27, 2018, subject to receipt of listing and trading approvals from the BSE Limited ('SME Platform of BSE').

INVESTORS PLEASE NOTE

The details of the allotment made would also be hosted on the website of the Registrar to the Issue. Satellite Corporate Services Private Limited at www.satellitecorporate.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 Applicant 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:

SATELLITE CORPORATE SERVICES PRIVATE LIMITED
Address: unit. no.49, Building No. 13 AB, 2nd Floor, Samhita Commercial Co-Op Society Ltd. Off Andheri Kurla Road, MTNL Lane, Sakinaka Mumbai - 400072
Tel: +91-22-28520461/462
Fax: +91-22-2851 1809
SEBI Registration No.: INR000003639
Email-Id: service@satellitecorporate.com
Website: www.satellitecorporate.com

THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE EQUITY SHARES ON LISTING OR THE BUSINESS PROSPECTS OF SUNGOLD MEDIA AND ENTERTAINMENT LIMITED.
Note: All Capitalized terms used not defined herein shall have the respective meanings assigned to them in the prospectus.