Supreme India IPO Basis of Allotment

SUPREME (INDIA) IMPEX LIMITED

Our Company was incorporated as 'Supreme (India) Impex Limited' under the provision of the Companies Act, 1956 vide Certificate of Incorporation dated August 2,1995, bearing registration number 026968 and Certificate of Commencement of Business dated August 21,1995, both issued by the Assistant Registrar of Companies, Gujarat, Dadra & Nagar Haveli. For further details of our Company including change of Registered Office, please refer to the chapters titled 'General Information' and 'Our History and Certain Other Corporate Matters' beginning on pages 55 and 152 respectively, of the Prospectus.

Registered Office: Plot No.823/2, Road No.8, GIDC, Sachin, Surat-394230, Gujarat, India. Tel.: +91 261 2399355; Fax.: +91 261 2398398; Email: ipo@supremeexports.com; Website: www.supremeexports.com; Corporate Identity Number: U51100GJ1995PLC026968 Contact Person: Deepika Karnani, Company Secretary and Compliance Officer. Promoter of our Company: Mr. Jugalkishore Jhawar

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 13,12,000 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH FULLY PAID FOR CASH AT A PRICE OF RS. 60.00 PER EQUITY SHARE (THE 'ISSUE PRICE') (INCLUDING A SHARE PREMIUM OF RS. 50.00 PER EQUITY SHARE) AGGREGATING RS. 787.20 LAKHS (THE 'ISSUE') BY OUR COMPANY, OF WHICH 72,000 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER TO THE ISSUE (THE 'MARKET MAKER RESERVATION PORTION'). THE ISSUE LESS THE MARKET MAKER RESERVATION PORTION I. E. ISSUE OF 12,40,000 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH IS HEREINAFTER REFERRED TO AS THE 'NET ISSUE'. THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 26.84 % AND 25.37 %, RESPECTIVELY OF THE FULLY DILUTED POST ISSUE PAID UP CAPITAL OF THE COMPANY.

In terms of Prospectus dated March 09,2015 and as per Regulation 43 (4) of SEBI (ICDR) Regulations, 2009 wherein a minimum of 50% of the Net Offer to Public shall initially be made available to Retail Individual Investors. The balance net offer of shares to the public shall be made available for allotment to a) individual applicants other than retail investors and b) other investors including corporate bodies / institutions irrespective of no. of shares applied for. The unsubscribed portion of the net offer to any one of the categories specified in (a) or (b) shall/may be made available for allocation in any other category, if so required.
Explanation: for the purpose of Regulation 43 (4) of SEBI (ICDR) Regulations, 2009, if the retail individual investor is entitled to more than 50 percent, on proportionate basis, the retail individual investors shall be allocated that higher percentage.

THE FACE VALUE OF EQUITY SHARES IS RS. 10 EACH. THE ISSUE PRICE IS RS. 60.00. THE ISSUE PRICE IS 6 TIMES OF THE FACE VALUE. ISSUE OPENED ON MARCH 16,2015 AND CLOSED ON MARCH 18,2015.

The Equity Shares offered through the Prospectus are proposed to be listed on the SME platform of National Stock Exchange of India Limited ('NSE') ('NSE Emerge') in terms of the chapter XB of the SEBI (ICDR) Regulations, 2009 as amended from time to time. The Company is not required to obtain an in-principle approval for the shares being offered in this Issue. However, the Company has received an approval letter dated March 03,2015 from NSE for using its name in the Prospectus for listing of our Shares on NSE. The designated stock exchange is NSE Emerge.
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 Isssue has received 374 applications for 2174000 Equity shares (including Market Maker Application of 72000 Equity Shares) resulting 1.66 times subscription. After considering, Cheque Return, Withdrawls, and Technical/ Multiple Rejection cases, the issue was subscribed 1.61 (including the Market Maker Portion).
The details of application received (Before Technical Rejection & withdrawl of application but after cheque returns)

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

Detail of the Applications Received (After Technical Reiection & withdrawal):

ALLOCATION: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - NSE on 25/03/2015.

A. Allocation to Market Maker (After Technical Rejections & Withdrawal): The Basis of Allotment to the Market Maker, at the issue price of Rs. 60/- per Equity Share, was finalized in consultation with NSE. The category was subscribed by 1 times. The total number of shares allotted in this category is 72,000 Equity shares in full out of reserved portion of 72,000 Equity Shares.

B. Allocation to Retail Individual Investors (After Technical Rejections & Withdrawal): The Basis of Allotment to the Retail Individual Investors, at the issue price of Rs. 60/- per Equity Share, was finalized in consultation with NSE. The category was subscribed by 1.06 times. Total number of shares allotted in this category is 620000 Equity Shares. The category wise basis of allotment is as under:

C. Allocation to Other than Retail Individual Investor (After Technical Rejection and Withdrawal): The Basis of Allotment to other than Retail Individual Investors, at the issue price of Rs 60/- per Equity Share, was finalized in consultation with NSE. The category was subscribed by 2.23 times. Total number of shares allotted in this category is 620000 Equity Shares. The category wise basis of allotment is as under:

The Board of Directors of the Company at its meeting held on 25/03/2015 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz. NSE and authorized corporate action for allotment of shares in dematerialized form to various successful applicants. The CAN-cum-Ref und Orders and allotment advice and/or notices are being dispatched to the address of the Applicants as registered with the depositories / as filled in the application form on or before 27/03/2015. Further, the instructions to SCSBs has been processed on 25/03/2015. 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 Platform of NSE within Twelve working days from the date of the closure of the Issue. The trading is proposed to commence on or before 31/03/2015 subject to receipt of listing and trading approvals from NSE.

INVESTORS PLEASE NOTE

The details of the allotment made would also be hosted on the website of the Registrar to the Issue at     www.bigshareonline.com. All future correspondence in this regard may kindly be addressed to the Registrar 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 of the Registrar given below:

BIGSHARE SERVICES PRIVATE LIMITED
E/2, Ansa Industrial Estate, Saki Vihar Road, Saki Naka, Andheri (East), Mumbai 400 072.
Tel.: +91-22-40430200; Fax: +91-22-28475207; Email: ipo@bigshareonline.com;
Website: www.bigshareonline.com