July 25, 2017 - July 28, 2017

Total Transport IPO Basis of Allotment

TOTAL TRANSPORT SYSTEMS LIMITED
CIN:U63090MH1995PLC091063

Our Company was incorporated as Total Transport Systems Private Limited under the provisions of the Companies Act, 1956 vide certificate of incorporation dated July 27,1995 in Mumbai. Subsequently, the name of our Company was changed to Total Transport Systems Limited pursuant to conversion into a public company vide Shareholders' approval on March 23,2017 and fresh certificate of incorporation dated April 24, 2017. The Corporate Identification Number of Our Company is U63090MH1995PLC091063. For further details please refer to chapter titled 'Our History and Certain Other Corporate Matters' beginning on page 141 of the Prospectus.
Registered Office: 701-705, T- Square, Opp Chandivali Petrol Pump, Sakinaka, Andheri (East), Mumbai-400072, Maharashtra, India. Tel.: +91 22 66441500 Fax No: +91 22 66441585; E-mail: info@ttspl.in; Website: www.ttspl.in; Contact Person: Mr. Makarand Pradhan Prabhakar, Managing Director

PROMOTERS OF THE COMPANY: MR. MAKARAND PRADHAN PRABHAKAR, MR. SANJIV ARVIND POTNIS, MR. SHRIKANT DAMODAR NIBANDHE

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 37,80,000 EQUITY SHARES OF FACE VALUE OF RS 10 EACH FULLY PAID UP OF TOTAL TRANSPORT SYSTEMS LIMITED ('TTSL' OR THE 'COMPANY' OR THE 'ISSUER') FOR CASH AT A PRICE OF RS 45 PER EQUITY SHARE (THE 'ISSUE PRICE') (INCLUDING A SHARE PREMIUM OF RS 35 PER EQUITY SHARE AGGREGATING RS 1701.00 LAKHS (THE 'ISSUE') BY OUR COMPANY, OF WHICH 1,92,000 EQUITY SHARES OF FACE VALUE RS 10 EACH FULLY PAID UP 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 35,88,000 EQUITY SHARES OF FACE VALUE RS 10 EACH FULLY PAID UP IS HEREINAFTER REFERRED TO AS THE 'NET ISSUE'. THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 26.42% % AND 25.08% RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF THE COMPANY. THIS ISSUE IS BEING IN TERMS OF CHAPTER XB OF THE SEBI (ICDR) REGULATIONS, 2009 (AS AMENDED FROM TIME TO TIME). FOR FURTHER DETAILS PLEASE REFER TO 'SECTION VII - ISSUE INFORMATION' BEGINNING ON PAGE 286 OF THE PROSPECTUS.

THE FACE VALUE OF THE EQUITY SHARES IS RS 10 EACH. THE ISSUE PRICE IS RS 45
THE ISSUE PRICE IS 4.50 TIMES THE FACE VALUE.
ISSUE OPENED ON TUESDAY, JULY 25, 2017 AND CLOSED ON FRIDAY, JULY 28, 2017
PROPOSED LISTING: MONDAY, AUGUST 07, 2017*

The Equity Shares offered through the Prospectus are proposed to be listed on the NSE Emerge Platform ('NSE'). In terms of the Chapter XB of the SEBI (ICDR) Regulations, 2009, as amended from time to time. The Company has received an in-principle approval letter dated July 05, 2017 from NSE for using Its name in the offer document for listing of Its shares on NSE Emerge Platform.

For the purpose of this Issue, the Designated Stock Exchange will be the National Stock Exchange of India Limited. The trading is proposed to be commenced with effect from Monday, August 07,2017.*

*Subject to receipt of listing and trading approvals from the National Stock Exchange of India Limited.

All Applicants participated 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 72,495 applications for 48,50,79,000 Equity Shares resulting in 128.33 times subscription (including reserved portion of Market Maker). The details of the applications received In the Issue (before technical rejections) are as follows:
Details of the Applications Received (Before Technical Rejection):

Category	No. of Applicants	%	No. of Equity Shares	%	Subscription (Times)
Market Maker	1	0.01%	1,92,000	0.04	1.00
Retail Individual Investors	71,903	99.18%	21,58,17,000	44.49%	120.30
Other than Retail Individual Investors	591	0.81%	26,90,70,000	55.47%	149.98
Total	72,495	100.00	48,50,79,000	100.00	128.33

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

Category	No. of Applications	No. of Equity Shares
Market Maker	Nil	Nil
Retail Individual Investors	1,185	36,63,000
Other than Retail Individual Investors	6	54,000
Total	1,191	37,17,000

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

Category	No. of Applicants	%	Issue Size (as per Prospectus)	Proportionate Issue Size (After rounding off)	No. of Valid Shares applied	Subscription (Times)
Market Maker	1	0.01%	1,92,000	1,92,000	1,92,000	1.00
Retail Individual Investors	70,718	99.17%	17,94,000	17,94,000	21,21,54,000	118.26
Other than Retail Individual Investors	585	0.82%	17,94,000	17,94,000	26,90,16,000	149.95
Total	71,304	100.00	37,80,000	37,80,000	48,13,62,000	127.34

Allocation: The Basis of Allotment was finalized In consultation with the Designated Stock Exchange - National Stock Exchange of India Limited on August 02, 2017.

A. Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the Issue price of Rs 45 per Equity Share, was finalized In consultation with NSE. The category was subscribed by 1.00 times. The total number of shares allotted In this category is 1,92,000 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 45 per Equity Share, was finalized in consultation with NSE. The category was subscribed by 118.26 times. The total number of shares allotted in this category is 17,94,000 Equity Shares to 598 successful applicants.

The Category-wise details of the Basis of Allotment are as under:

No. of shares applied for (Category wise)	No. 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 allottees to applicants: RATIO1	Ratio of allottees to applicants: RATIO 2	Number of successful applicant (after rounding off)	Total no. of Shares Allocated/ allotted*	No. of Shares Surplus/ Deficit
3,000	70,718	100.00	21,21,54,000	100.00	17,94,000	25.37	3,000	1	100	598	17,94,000	0
Total	70,718	100.00	21,21,54,000	100.00	17,94,000	25.37	3,000	1	100	598	17,94,000	0

C. Allocation to Other than Retail Individual Investors (After Technical Rejections): The Basis of Allotment to the other than Retail Individual Investors, at the issue price of Rs 45 per Equity Share, was finalized in consultation with NSE. The category was subscribed 149.95 times. The total number of shares allotted in this category is 17,94,000 Equity Shares to 148 successful applicants.

The Category-wise details of the Basis of Allotment are as under:

No. Of shares applied for (Category wise)	No. 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 allottees to applicants: RATI01	Ratio of allottees to applicants: RATIO 2	Number of successful applicant (after rounding off)	Total no. of Shares Allocated/ allotted*	No. Of Shares Surplus/ Deficit
6,000	205	35.04	12,30,000	0.46	8,203	40.01	3,000	1	68	3	9,000	797
9,000	78	13.33	7,02,000	0.26	4,681	60.02	3,000	1	39	2	6,000	1,319
12,000	28	4.79	3,36,000	0.12	2,241	80.02	3,000	1	28	1	3,000	759
15,000	12	2.05	1,80,000	0.07	1,200	100.03	3,000	0	0	0	0	-1,200
18,000	8	1.37	1,44,000	0.05	960	120.04	3,000	0	0	0	0	-960
21,000	13	2.22	2,73,000	0.10	1,821	140.04	3,000	1	13	1	3,000	1,179
24,000	9	1.54	2,16,000	0.08	1,440	160.05	3,000	1	9	1	3,000	1,560
27,000	4	0.68	1,08,000	0.04	720	180.06	3,000	0	0	0	0	-720
30,000	9	1.54	2,70,000	0.10	1,801	200.06	3,000	1	9	1	3,000	1,199
33,000	5	0.85	1,65,000	0.06	1,100	220.07	3,000	0	0	0	0	-1,100
36,000	4	0.68	1,44,000	0.05	960	240.07	3,000	0	0	0	0	-960
39,000	7	1.20	2,73,000	0.10	1,821	260.08	3,000	1	7	1	3,000	1,179
42,000	2	0.34	84,000	0.03	560	280.09	3,000	0	0	0	0	-560
45,000	3	0.51	1,35,000	0.05	900	300.09	3,000	0	0	0	0	-900
48,000	2	0.34	96,000	0.04	640	320.10	3,000	0	0	0	0	-640
51,000	4	0.68	2,04,000	0.08	1,360	340.11	3,000	0	0	0	0	-1,360
54,000	1	0.17	54,000	0.02	360	360.11	3,000	0	0	0	0	-360
60,000	3	0.51	1,80,000	0.07	1,200	400.12	3,000	0	0	0	0	-1,200
63,000	3	0.51	1,89,000	0.07	1,260	420.13	3,000	0	0	0	0	-1,260
66,000	1	0.17	66,000	0.02	440	440.14	3,000	0	0	0	0	-440
75,000	2	0.34	1,50,000	0.06	1,000	500.16	3,000	0	0	0	0	-1,000
78,000	1	0.17	78,000	0.03	520	520.16	3,000	0	0	0	0	-520
81,000	2	0.34	1,62,000	0.06	1,080	540.17	3,000	0	0	0	0	-1,080
84,000	2	0.34	1,68,000	0.06	1,120	560.17	3,000	0	0	0	0	-1,120
87,000	2	0.34	1,74,000	0.06	1,160	580.18	3,000	0	0	0	0	-1,160
90,000	1	0.17	90,000	0.03	600	600.19	3,000	0	0	0	0	-600
96,000	1	0.17	96,000	0.04	640	640.20	3,000	0	0	0	0	-640
99,000	1	0.17	99,000	0.04	660	660.21	3,000	0	0	0	0	-660
1,05,000	2	0.34	2,10,000	0.08	1,400	700.22	3,000	1	2	1	3,000	1,600
1,08,000	1	0.17	1,08,000	0.04	720	720.22	3,000	0	0	0	0	-720
1,11,000	7	1.20	7,77,000	0.29	5,182	740.23	3,000	2	7	2	6,000	818
1,17,000	2	0.34	2,34,000	0.09	1,560	780.24	3,000	1	2	1	3,000	1,440
1,20,000	4	0.68	4,80,000	0.18	3,201	800.25	3,000	1	4	1	3,000	-201
1,26,000	1	0.17	1,26,000	0.05	840	840.26	3,000	0	0	0	0	-840
1,32,000	1	0.17	1,32,000	0.05	880	880.27	3,000	0	0	0	0	-880
1,38,000	1	0.17	1,38,000	0.05	920	920.29	3,000	0	0	0	0	-920
1,41,000	2	0.34	2,82,000	0.10	1,881	940.29	3,000	1	2	1	3,000	1,119
1,44,000	1	0.17	1,44,000	0.05	960	960.30	3,000	0	0	0	0	-960
1,53,000	1	0.17	1,53,000	0.06	1,020	1,020.32	3,000	0	0	0	0	-1,020
1,56,000	1	0.17	1,56,000	0.06	1,040	1,040.32	3,000	0	0	0	0	-1,040
1,62,000	1	0.17	1,62,000	0.06	1,080	1,080.34	3,000	0	0	0	0	-1,080
1,65,000	1	0.17	1,65,000	0.06	1,100	1,100.34	3,000	0	0	0	0	-1,100
1,68,000	1	0.17	1,68,000	0.06	1,120	1,120.35	3,000	0	0	0	0	-1,120
1,77,000	1	0.17	1,77,000	0.07	1,180	1,180.37	3,000	0	0	0	0	-1,180
1,89,000	2	0.34	3,78,000	0.14	2,521	1,260.39	3,000	1	2	1	3,000	479
1,92,000	1	0.17	1,92,000	0.07	1,280	1,280.40	3,000	0	0	0	0	-1,280
1,95,000	1	0.17	1,95,000	0.07	1,300	1,300.41	3,000	0	0	0	0	-1,300
2,10,000	2	0.34	4,20,000	0.16	2,801	1,400.44	3,000	1	2	1	3,000	199
2,16,000	2	0.34	4,32,000	0.16	2,881	1,440.45	3,000	1	2	1	3,000	119
2,22,000	12	2.05	26,64,000	0.99	17,766	1,480.46	3,000	1	2	6	18,000	234
2,25,000	3	0.51	6,75,000	0.25	4,501	1,500.47	3,000	2	3	2	6,000	1,499
2,28,000	1	0.17	2,28,000	0.08	1,520	1,520.47	3,000	1	1	1	3,000	1,480
2,37,000	1	0.17	2,37,000	0.09	1,580	1,580.49	3,000	1	1	1	3,000	1,420
2,40,000	1	0.17	2,40,000	0.09	1,600	1,600.50	3,000	1	1	1	3,000	1,400
2,49,000	1	0.17	2,49,000	0.09	1,661	1,660.52	3,000	1	1	1	3,000	1,339
2,64,000	1	0.17	2,64,000	0.10	1,761	1,760.55	3,000	1	1	1	3,000	1,239
2,67,000	1	0.17	2,67,000	0.10	1,781	1,780.56	3,000	1	1	1	3,000	1,219
2,76,000	1	0.17	2,76,000	0.10	1,841	1,840.57	3,000	1	1	1	3,000	1,159
3,03,000	1	0.17	3,03,000	0.11	2,021	2,020.63	3,000	1	1	1	3,000	979
3,30,000	1	0.17	3,30,000	0.12	2,201	2,200.69	3,000	1	1	1	3,000	799
3,45,000	1	0.17	3,45,000	0.13	2,301	2,300.72	3,000	1	1	1	3,000	699
3,48,000	1	0.17	3,48,000	0.13	2,321	2,320.72	3,000	1	1	1	3,000	679
3,54,000	1	0.17	3,54,000	0.13	2,361	2,360.74	3,000	1	1	1	3,000	639
3,78,000	1	0.17	3,78,000	0.14	2,521	2,520.79	3,000	1	1	1	3,000	479
4,20,000	2	0.34	8,40,000	0.31	5,602	2,800.87	3,000	1	1	2	6,000	398
4,38,000	2	0.34	8,76,000	0.33	5,842	2,920.91	3,000	1	1	2	6,000	158
4,41,000	1	0.17	4,41,000	0.16	2,941	2,940.92	3,000	1	1	1	3,000	59
4,44,000	5	0.85	22,20,000	0.83	14,805	2,960.92	3,000	1	1	5	15,000	195
4,80,000	7	1.20	33,60,000	1.25	22,407	3,201.00	3,000	1	1	7	21,000	-1,407
4,89,000	1	0.17	4,89,000	0.18	3,261	3,261.02	3,000	1	1	1	3,000	-261
5,10,000	1	0.17	5,10,000	0.19	3,401	3,401.06	3,000	1	1	1	3,000	-401
5,46,000	1	0.17	5,46,000	0.20	3,641	3,641.14	3,000	1	1	1	3,000	-641
5,49,000	1	0.17	5,49,000	0.20	3,661	3,661.14	3,000	1	1	1	3,000	-661
5,55,000	3	0.51	16,65,000	0.62	11,103	3,701.16	3,000	1	1	3	9,000	-2,103
5,55,000		0.00					3,000	1	3		3,000	3,000
5,58,000	1	0.17	5,58,000	0.21	3,721	3,721.16	3,000	1	1	1	3,000	-721
5,61,000	1	0.17	5,61,000	0.21	3,741	3,741.17	3,000	1	1	1	3,000	-741
5,64,000	1	0.17	5,64,000	0.21	3,761	3,761.17	3,000	1	1	1	3,000	-761
5,91,000	1	0.17	5,91,000	0.22	3,941	3,941.23	3,000	1	1	1	3,000	-941
6,00,000	1	0.17	6,00,000	0.22	4,001	4,001.25	3,000	1	1	1	3,000	-1,001
6,66,000	3	0.51	19,98,000	0.74	13,324	4,441.39	3,000	1	1	3	9,000	-4,324
6,66,000		0.00					3,000	1	3		3,000	3,000
6,87,000	1	0.17	6,87,000	0.26	4,581	4,581.43	6,000	1	1	1	6,000	1,419
6,93,000	1	0.17	6,93,000	0.26	4,621	4,621.44	6,000	1	1	1	6,000	1,379
8,88,000	1	0.17	8,88,000	0.33	5,922	5,921.85	6,000	1	1	1	6,000	78
8,91,000	1	0.17	8,91,000	0.33	5,942	5,941.85	6,000	1	1	1	6,000	58
9,00,000	2	0.34	18,00,000	0.67	12,004	6,001.87	6,000	1	1	2	12,000	-4
10,80,000	1	0.17	10,80,000	0.40	7,202	7,202.25	6,000	1	1	1	6,000	-1,202
11,10,000	2	0.34	22,20,000	0.83	14,805	7,402.31	6,000	1	1	2	12,000	-2,805
11,10,000		0.00					3,000	1	2		3,000	3,000
13,32,000	1	0.17	13,32,000	0.50	8,883	8,882.77	9,000	1	1	1	9,000	117
13,35,000	1	0.17	13,35,000	0.50	8,903	8,902.78	9,000	1	1	1	9,000	97
19,98,000	2	0.34	39,96,000	1.49	26,648	13,324.16	12,000	1	1	2	24,000	-2,648
19,98,000		0.00					3,000	1	2		3,000	3,000
22,20,000	2	0.34	44,40,000	1.65	29,609	14,804.62	15,000	1	1	2	30,000	391
29,76,000	1	0.17	29,76,000	1.11	19,846	19,846.20	21,000	1	1	1	21,000	1,154
33,33,000	12	2.05	3,99,96,000	14.87	2,66,723	22,226.94	21,000	1	1	12	2,52,000	-14,723
33,33,000		0.00					3,000	5	12		15,000	15,000
34,41,000	1	0.17	34,41,000	1.28	22,947	22,947.16	24,000	1	1	1	24,000	1,053
35,10,000	1	0.17	35,10,000	1.30	23,407	23,407.31	24,000	1	1	1	24,000	593
35,55,000	2	0.34	71,10,000	2.64	47,415	23,707.40	24,000	1	1	2	48,000	585
35,82,000	2	0.34	71,64,000	2.66	47,775	23,887.46	24,000	1	1	2	48,000	225
35,85,000	20	3.42	7,17,00,000	26.65	4,78,149	23,907.46	24,000	1	1	20	4,80,000	1,851
35,88,000	22	3.76	7,89,36,000	29.34	5,26,413	23,927.47	24,000	1	1	22	5,28,000	1,587
Total	585	100	26,90,16,000	100	17,94,000					148	17,94,000	0

The Board of Directors of the Company at its meeting held on August 02, 2017 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz. National Stock Exchange of India Limited and has authorized the corporate action for the transfer of the Equity Shares to various successful applicants. The CAN and allotment advice and/or notices will be dispatched to the address of the Applicants as registered with the depositories on or before August 04, 2017. Further, the instructions to Self Certified Syndicate Banks for unblocking the amount are being processed on or prior to August 04, 2017. In case the same is not received within four working 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 NSE Emerge Platform 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 meaning assigned to them in the Prospectus dated July 12, 2017 ('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
Bharat Tin Works Building, 1 st Floor, Opp. Vasant Oasis, Makwana Road Marol, Andheri East, Mumbai - 400 059.
Tel: +91 22 62638200; Fax: +91 22 62638299; E-mail: ipo@bigshareonline.com; Website: www.bigshareonline.com
Contact Person: Mr. Ashok Shetty; SEBI Registration No.: INR000001385

Date: August 03, 2017 Place: Mumbai	For TOTAL TRANSPORT SYSTEMS LIMITED On behalf of the Board of Directors Sd/- Managing Director

Total Transport 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 Total Transport IPO .

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

Visit the Total Transport IPO allotment status page to check the number of shares allocated to your application.

In Total Transport 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 Total Transport IPO basis of allotment document to know how the shares are allocated in Total Transport IPO.

Total Transport IPO Basis of Allotment

Total Transport IPO Basis of Allotment FAQs

How shares are allotted in Total Transport IPO?

What is Total Transport IPO basis of allotment status?

What is Total Transport IPO allotment process?

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