January 18, 2017 - January 24, 2017

Super Fine Knitters IPO Basis of Allotment

SUPER FINE KNITTERS LIMITED
CIN: U18101PB1998PLC021814

Our Company was incorporated as 'Super Fine Knitters Limited' a public limited company under the Companies Act, 1956 pursuant to Certificate of Incorporation dated September 18. 1998 issued by the Registrar or Companies, Punjab, Himachal Pradesh and Chandigarh. Our Company received the Certificate of Commencement of Business on September 24, 1956. issued by the Registrar of Companies, Punjab, Himachal Pradesh and Chandigarh. For further details of our Company, please refer 'General Information' and 'History and Certain Other Corporate Matters' on page numbers 34 and 82, respectively, of the Prospectus.

Registered Office: 269, Industrial Area A, Ludhiana-141003, Punjab, India. | Tel +91 -161 -4689900
Email: info@superfineknitters.com | Website: www.superfineknitters.com | Contact Person: Ms Divya Jain Company Secretary and Compliance Officer

PROMOTERS: AJIT KUMAR LAKRA, GITA LAKRA, VIVEK LAKRA AND AJIT KUMAR LAKRA (HUF)

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 34,000 EQUITY SHARES OF FACE VALUE OF RS. 10.00 EACH OF SUPER FINE KNITTERS LIMITED ('OUR COMPANY' OR 'THE ISSUER') FOR CASH AT A PRICE OF RS. 12 00 PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF RS. 2.00 PER EQUITY SHARE) ('ISSUE PRICE') AGGREGATING TO RS. 408.00 LAKHS. ('THE ISSUE'). OF THE ISSUE, 1,80,000 EQUITY SHARES AGGREGATING TO RS. 21.60 LAKHS WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER ('MARKET MAKER RESERVATION PORTION') THE ISSUE LESS THE MARKET MAKER RESERVATION PORTION I.E. ISSUE OF 32,20,000 EQUITY SHARES OF FACE VALUE OF RS. 10.00 EACH AT AN ISSUE PRICE OF RS. 12.00 PER EQUITY SHARE AGGREGATING TO RS.386.40 LAKHS IS HEREINAFTER REFERRED TO AS THE 'NET ISSUE'. THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 27.43% AND 25.98%, RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY.

THIS ISSUE IS BEING MADE IN TERMS OF CHAPTER XB OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2009(THE 'SEBI ICDR REGULATIONS'). AS AMENDED THIS ISSUE IS A FIXED PRICE ISSUE AND ALLOCATION IN THE NET ISSUE TO THE PUBLIC WILL BE MADE IN TERMS OF REGULATION 43(4) OF THE SEBI (ICDR) REGULATIONS, 2009, AS AMENDED. FOR FURTHER DETAILS, PLEASE REFER TO SECTION TITLED ISSUE PROCEDURE' BEGINNING ON PAGE 165 OF THE PROSPECTUS,

THE FACE VALUE OF THE EQUITY SHARE IS RS. 10.00 EACH AND THE ISSUE PRICE IS RS. 12.00.
THE ISSUE PRICE IS 1.20 TIMES OF THE FACE VALUE.

ISSUE OPENED ON WEDNESDAY, JANUARY 18, 2017 AND CLOSED ON TUESDAY, JANUARY 24, 2017.

The Equity Shares offereded 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 from time to time. Company has received an approval letter dated November 11,2016 from BSE Limited for using its name in the other document for listing of our Shares on the SME platform of BSE.The designated stock exchange is BSE Limlted 'BSE'). The trading is proposed to be commenced on or about February 02, 2017.

*Subject to receipt of listing and trading approvals from the BSE Limited.

All Applicants were allowed to participate in the Issue through Application Supported by Blocked Amount ('ASBA') process by providing the details of the respective bank accounts in which the corresponding application amounts were blocked by Self Certified Syndicate Banks (the 'SCSBs').

SUBSCRIPTION DETAILS

The Issue has received 4715 applications for 8,25,90,000 Equity Shares resulting in 24.29 times subscription (including reserved portion of 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	Number of Applications	%lpTfl1al	Number of Equity	% In ToIbI	Subscription (Times)
Retail Individual Investors.	4496	95.36	4,49,60,000	54.55	25.69
Other than Retail Individual Investors	218	4.36	3,74,50,000	45.34	25.48
Market Maker	1	0.02	1,80,000	0.22	1.00
Total	4715	100	82590000.00	100.00	24.29

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

Category	No. of Applications	No. of Equity Shares
Market Maker	Nil	Nil
Retail Individual Investors	76	760000
Other than Retail Individual investors	1	90000
Total	77	850000

After eliminating technically rejected applications, the following tables give us category wise net valid applications:

Category	Number of Applications	% to Total	Issue Size (Reserved)	No. of Valid Shares applied	% of Total Applied	Subscription (Times)
Market Maker	1	0.02	180000	160000	0.22	1.00
other than Retail Individual investors	217	4.68	1470000	37360000	45.7l	25.41
Retail Individual Investors	4420	95.30	1750000	44200000	54.07	25.26
Total	4638	100.00	3400000	81740000	100.00	24.04

Allocation: The Basis of Allotment was finalized in consultation with the Designated stock exchange -BSE Limited on January 30,2017

A. Allocation to Market Maker (After Technical Rejections & Withdrawal): The Basis of Allotment to the Markel Maker, at the Issue price of Rs 12 per Equily Share, was finalised in consultation with BSE.The category was subscribed by 1.00 limes. The total number of shares allotted in this category is 1,80,000 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 12 per Equity Share, was finalized in consultation with BSE. The category was subscribed by 25.26 times. Total number of shares allotted in this category is 17,50.000 Equity Shares to 175 successlul applicants..

The category wise details of the Basis of Allotment is as under:

No. or Shares Applied for (Category wise)	No. Of Appli cations received	% to Total	Total No. of Equity Shares applied in this Category	% of total	Proportionate Shares Available	Allocation per Applicant (Before Rounding Off)	Allocation per Applicant (After Rounding Off)	Ratio of Allottees to Applicants	Number of Successful applicants (after rounding off)	Total No. of Equity Shares allocated/ allotted	No. Of Shares Surplus/ Deficit
10000	4420	100	44200000	100	1750000	395.93	10000	35:884	175	1750000	0
Total	4420	100	44200000	100	1750000				175	1750000	0

C. Allocation to other than Retail Individual Investors (After Technical Rejections & Withdrawal): The Basis of Allotment to Other than Retail Individual Investors, at the issue price of Rs 12 per Equity Share, was finalized in consultation with BSE. The category was subscribed by 25.41 times. Total number of shares allotted in this category is 14,70,000 Equity Shares to 94 successful applicants.

The Category wise details of the Basis of Allotment is as under:

No. or Shares Applied for (Category wise)	No. Of Appli cations received	% to Total	Total No. of Equity Shares applied in this Category	% of total	Proportionate Shares Available	Allocation per Applicant (Before Rounding Off)	Allocation per Applicant (After Rounding Off)	Ratio of Allottees to Applicants	Number of Successful applicants (after rounding off)	Total No. of Equity Shares allocated/ allotted	No. Of Shares Surplus/ Deficit
20000	45	20.74	9,00,000	2.41	35,412.21	786.94	10000.00	4:45	4	40,000	4,587.79
30000	30	13.82	9,00,000	2.41	35,412.21	1,180.41	10000.00	2:15	4	40,000	4,587.79
40000	16	7.37	6,40,000	1.71	25,182.01	1,573.88	10000.00	3:16	3	30,000	4,817.99
50000	8	3.69	4,00,000	1.07	15,738.76	1,967.34	10000.00	1:4	2	20,000	4,261.24
60000	7	3.23	4,20,000	1.12	16,525.70	2,360.81	10000.00	2:7	2	20,000	3,474.30
70000	6	2.76	4,20,000	1.12	16,525.70	2,754.28	10000.00	1:3	2	20,000	3,474.30
80000	17	7.83	13,60,000	3.64	53,511.78	3,147.75	10000.00	5:17	5	50,000	-3,511.78
90000	2	0.92	1,80,000	0.48	7,082.44	3.541.22	10000.00	1:2	1	10,000	2,917.56
100000	12	5:53	12,00,000	3.21	47,216.27	3.934.69	10000.00	5:12	5	50,000	2,783.73
110000	2	0.92	2,20,000	0.59	8,656.32	4,328.16	10000.00	1:2	1	10,000	1,343.68
120000	8	3.69	3,60,000	2.57	37,773.02	4,721.63	10000.00	1:2	4	40,000	2,226.98
130000	1	0.46	1,30,000	0.35	5,115.10	5,115.10	10000.00	Firm	1	10,000	4,884.90
140000	1	0.46	1,40,000	0.37	5,508.57	5,508.57	10000.00	Firm	1	10,000	4,491.43
150000	8	3.69	12,00,000	3.21	47,216.27	5,902.03	10000.00	5:8	5	50,000	2,783.73
160000	3	1.38	4,80,000	1.28	18,886.51	6,295.50	10000.00	2:3	2	20,000	1,113.49
170000	2	0.92	3,40,000	0.91	13,377.94	6,688.97	10000.00	1:2	1	10,000	-3.377.94
180000	1	0.46	1,80,000	0.48	7,082.44	7,082.44	10000.00	Firm	1	10,000	2.917.56
190000	1	4.46	1,90,000	0.51	7,475.91	7,475.91	10000.00	Firm	1	10,000	2,524.09
200000	3	1.38	6,00,000	1.61	23,608.14	7,869.38	10000.00	2:3	2	20,000	-3,608.14
210000	2	0.92	4,20,000	1.12	16,525.70	8,262.85	10000.00	Firm	1	20,000	3,474.30
220000	1	0.46	2,20,000	3.59	8,656.32	8,656.32	10000.00	Firm	1	10,000	1,343.68
230000	1	0.46	2,30,000	0.62	9,049.79	9,049.79	10000.00	Firm	1	10,000	950.21
240000	2	0.92	4,60,000	1.28	18,886.51	9,443.25	10000.00	Firm	2	20,000	1,113.49
260000	1	0.46	2,60,000	0.70	10,230.19	10,230.19	10000.00	Firm	1	10,000	-230.19
280000	2	0.92	5,60,000	1.50	22,034.26	11,017.13	10000.00	Firm	2	20,000	-2,034.26
290000	1	0.46	2,90,000	0.78	11,410.60	11,410.60	10000.00	Firm	1	10,000	-1,410.60
300000	6	2.76	18,00,000	4.82	70,824.41	11,804.07	10000.00	Firm	6	60,000	10,824.41
310000	1	0.46	3,10,000	0.83	12,197.54	12,197.54	10000.00	Firm	1	10,000	-2,197.54
320000	1	0.46	3,20,000	0.86	12,591.01	12,591.01	10000.00	Firm	1	10,000	-2,591.01
350000	2	0.92	7,00,000	1.87	27,542.83	13,771.41	10000.00	Firm	2	20,000	-7,542.83
380000	1	2.30	3,80,000	1.02	14,951.82	14,951.82	10000.00	Firm	1	10,000	-4,951.82
400000	5	2.30	20,00,000	5.35	78,693.79	15,738.76	10000.00	Firm	5	50,000	-28,693.79
							10000.00	3:5	3	30,000
430000	1	0.46	4,30,000	1.15	16,919.16	16,919.16	20000.00	Firm	1	20,000	3,080.84
460000	1	0.46	4,60,000	1.23	18,099.57	18,099.57	20000.00	Firm	1	20,000	1,900.43
500000	2	0.92	10,00,000	2.68	39,346.90	19,673.45	20000.00	Firm	2	40,000	653.10
540000	1	0.46	5,40,000	1.45	21,247.32	21,247.32	20000.00	Firm	1	20,000	-1,247.32
560000	1	0.46	5,60,000	1.50	22,034.26	22,034.26	20000.00	Firm	1	20,000	-2,034.26
610000	1	0.46	6,10,000	1.63	24,001.61	24,001.61	20000.00	Firm	1	20,000	-4,001.61
630000	2	0.92	12,60,000	3.37	49,577.09	24,788.54	20000.00	Firm	2	40,000	-9.577.09
740000	1	0.46	7,40,000	1.98	29,116.70	29,116.70	30000.00	Firm	1	30,000	883 30
800000	1	0.46	8,00,000	2.14	31,477.52	31,477.52	30000.00	Firm	1	30,000	-1,477.52
850000	1	0.46	8,50,000	2.28	33,444.86	33,444.86	30000.00	Firm	1	30,000	-3.444.86
1000000	1	0.46	10,00,000	2.68	39,346.90	39,346.90	40000.00	Firm	1	40,000	653.10
1140000	1	0.46	11,40,000	3.05	44,855.46	44,855.46	40000.00	Firm	1	40,000	-4,855.46
1500000	1	0.46	15,00,000	4.01	59,020.34	59,020.34	60000.00	Firm	1	60,000	979.66
1630000	1	0 46	16,30,000	4.36	64,135.44	64,135.44	60000.00	Firm	1	60,000	-4,135.44
2790000	1	0.46	27,90,000	7.47	1,09,777.84	1,09,777.84	110000.00	Firm	1	1,10,000	222.16
3220000	1	0.46	32,20,000	8.62	1,26,697.00	1,26,697,00	130000.00	Firm	1	1,30,000	3,303.00
Total	217	100.00	3,73,60,000	100.00	14.7D.DDQ.DQ				94	14,70,000	-30,000.00

The Board of Directors of the Company at its meeting held on January 30,2017 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 transfer of the Equity Shares / dispatch of share certificates to various successful applicants. The allotment advice and/or rejection letters are being dispatched to the address of the Applicants as registered with the depositories/ as filled in the application form on or before February 01, 2017. Further, the instructions to Self Certified Syndicate Banks being processed on or prior to January 31, 2017. In case the same is not received within prescribed time, 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 Platform of BSE within six working days from the date of 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 January 05,2017 ('Prospectus')

INVESTORS PLEASE NOTE

The details of the allotment made would also be hosted on the website of the Registrar to the Issue Cameo Corporate Services Limited. at www.cameoindia.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 ihe 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:

CAMEO CORPORATE SERVICES LIMITED
Subramanian Building, 1 Club House Road, Chennai-600 002.
Tel: +91 44 2840 0390 /1989: Fax: +91 44 2046 0129;
Email: cameo@cameoindia.com: Website : www.cameoindia.com
Contact Person : Mr. R. D. Ramasamy; SEBI Registration No : INR000003753

Place : Ludhiana Date: January 31, 2017	For Super Fine Knitters Limited on behalf of the Board of Directors Sd/- Mr. Ajit Kumar Lakra Managing Director

Super Fine Knitters 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 Super Fine Knitters IPO .

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

Visit the Super Fine Knitters IPO allotment status page to check the number of shares allocated to your application.

In Super Fine Knitters 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 Super Fine Knitters IPO basis of allotment document to know how the shares are allocated in Super Fine Knitters IPO.

Super Fine Knitters IPO Basis of Allotment

Super Fine Knitters IPO Basis of Allotment FAQs

How shares are allotted in Super Fine Knitters IPO?

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