Supreme Infrastructure IPO Basis of Allotment

SUPREME THE POWER OF EXCELLENCE

SUPREME INFRASTRUCTURE INDIA LTD

(The Company was incorporated in Mumbai under the Companies Act, 1956 as Supreme Asphalts Private Limited on 8th April 1983. The name of the Company was changed to Supreme Infrastructure India Private Limited and a Fresh Certificate of Incorporation dated 10th April 2002 was issued by the ROC, Maharashtra at Mumbai. The Company was thereafter converted into a public limited company and a Fresh Certificate of Incorporation dated 30th August 2005 was
issued by the ROC, Maharashtra at Mumbai.)
Registered Office: 8, Bhawani Service Industrial Estate, IIT Powai, Mumbai 400076, Maharashtra.
Tel. No. +9122 25782931 /25783549, Fax No. +9122 25782931;
Contact Person: Mr. Akhilesh Agarwal, Compliance Officer.
E-mail: ipo@supremeneinfra.com, Website: www.supremeinfra.com

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 34,75,000 EQUITY SHARES OF RS. 10 EACH FOR CASH AT A PRICE OF RS.108/- PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF RS. 98/- PER EQUITY SHARE) FOR CASH AGGREGATING TO RS.3753 LAKHS (THE 'ISSUE') THE ISSUE WILL CONSTITUTE 25.05 % OF THE FULLY DILUTED POST ISSUE PAID-UP CAPITAL OF OUR COMPANY.

THE ISSUE PRICE OF THE EQUITY SHARES IS RS.108 PER EQUITY SHARE WHICH IS 10.8 TIMES THE FACE VALUE OF THE EQUITY SHARES.
The Issue was made through the 100% Book Building Process wherein up to 50% of the Net Issue to the public was available for allocation on a proportionate basis to Qualified Institutional Buyers ('QIBs') (Including 5% of the QIB portion that would be specifically reserved for Mutual Funds). Further, not less than 15% of the Net Issue was to be available for allocation on a proportionate basis to Non -Institutional Bidders and not less than 35% of the Net Issue was to be 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 opened for subscription on September 21,2007 and closed on September 26,2007. The Issue received 1,12,233 applications for 17,84,04,946 Equity Shares resulting in 51.339 times subscription. The details of the applications received in the Issue from QlBs, Non-institutional Bidders and Retail Individual Bidders (Before Technical & Multiple Rejections)

Final Demand
The final demand at different bid prices is as under:

The Basis of Allotment was finalised in consultation with the Designated Stock Exchange Bombay Stock Exchange Limited ('BSE') on Wednesday, October 9,2007.

A) Allocation to Retail Investors
The Basis of Allotmentto the Retail Individual Bidders, who bid at the cut-off price or at the Issue Price of Rs. 108 per Equity Share, was finalized in consultation with the BSE. The Company received 109733 valid applications for 5,44,09,020 Equity Shares in this category resulting in 44.73 times subscription. The total number of Equity Shares allotted in this category 12,16,680. The category wide details of the Basis of Allotment are given below.

B) Allocation to Non Institutional Investors
The Basis of Allotment to the Non Institutional Bidders, who bid at the cut-off price or at the Issue Price of Rs. 108 per Equity Share, was finalized in consultation with the BSE. The Company received 169 valid applications for 32,514,300 Equity Shares in this category resulting in 62.38 times subscription. The total number of Equity Shares allotted in this category is 521,632. The category wide details of the Basis of Allotment are given below

C) Allocation to QIBs
Allocation to QIBs was done on a proportionate basis. As per the SEBI guidelines, Mutual Funds were initially allotted 5% of the quantum of shares available i.e. 86,875 Equity Shares. Other QIBs and unsatisfied demands of Mutual Funds were allotted the remaining 16,50,625 Equity Shares.

The Board at a meeting held in Mumbai, on October 10,2007 approved the Basis of Allotment of Equity Shares in the Issue and recommended the allotment of Equity Shares to successful applicants.
The Refund Orders / allotment advice in respect of refunds due to applicants are being dispatched to the addresses of the investors as registered with the depositories. In case the same are not received within ten days, Investors may contact the Registrar the Issue at the address given below. The Refund Orders have been over-printed with the Bank Mandate details as registered, if any, with the depositories. The shares allocated to the 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 National Stock Exchange of India Limited and Bombay Stock Exchange Limited within seven working days from the date of approval of Basis of Allotment.

INVESTORS PLEASE NOTE
These details of the allocation will also be available on the website of the Registrar to the issue, Bigshare Services Private Limited, at http:// www.bigshareonline.com
All future correspondence in this regard may kindly be addressed to the Registrar to the Issue quoting the full name of the First/Sole applicants, Serial number of the Bld-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:

Bigshare Services Private Limited
E-2,Ansa Industrial Estate, Saki Vihar Road, Sakinaka, Andheri [E], Mumbai 400 072
Phone: (91-22) 4043 0200; Fax: (91-22) 2847 5207,
Email: ipo@bigshareonline.com, Website: www.bigshareonline.com

THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE EQUITY SHARE ON LISTING OR THE BUSINESS PROSPECTS OF SUPREME INFRASTRUCTURE INDIA LIMITED.