June 30, 2017 - July 4, 2017

Transwind Infrastructures IPO Basis of Allotment

TRANSWIND INFRASTRUCTURES LIMITED
CIN: U45203GJ1997PLC032347

Our Company was originally incorporated as 'Transwind Communication and Electronics Pnvate Limited' on May 16, 1997 under the provisions of tne Companies Act, 1956 vide Certificate of incorporation issued by the Registrar of Companies, Gujrat at Ahmedabad. Later on the name of Our company was changed to 'Transwind Infrastructures Private Limited' on December 7, 2004 and Fresh Certificate of Incorpcnation pursuant to change of name was issued by the Registrar of Companies, Gujarat at Ahmedabad. Consequent upon the conversion of our Company into public limited company, the neme of our Company was changed to 'Transwind Infrastructure Limited' and fresh Certificate of Incorporation dated April 23, 2009 was issued by the Registrar of Companies, Gujarat at Ahmedabad.

Registered office: 74, New york Tower-A, Opp. Jain Derasar. S.G. Highway, Thaltej, Ahmedabad - 380 054, Gujarat, Website: www.transwind.in
Company Secretary and Compliance Officer: Mr. Jaydev Shukla; E-Mail: cs@transwind.in ; Tel No.: +91 - 79 - 2685 4899.

PROMOTERS OF THE COMPANY:
I.C. Pandey Agro Private Limited, Mr. Mathuraprasad Pandey, Mr. Vrindavan Pandey and Mr. Shatrujeet Pandey

BASIS OF ALLOTMENT
TRANSWIND INFRASTRUCTURES LIMITED - SME IPO

PUBLIC ISSUE OF 27,00,000 EQUITY SHARES OF FACE VALUE OF RS 10 EACH OF TRANSWIND INFRASTRUCTURES LIMITED ('TIL' OR THE 'COMPANY' OR THF 'ISSUER') FQR CASH AT A PRICE OF RS 27 PER EQUITY SHARE INCLUDING A SHARE PREMIUM OF RS 17 PEP EQUITY SHARE (THE 'ISSUE PRICE') AGGREGATING TO RS 729.00 LAKH ('THE ISSUE'), OF WHICH 1,40,000 EQUITY SHARES OF FACE VALUE OF RS 10 EACH FOR CASH AT A PRICE OF RS 27 PER EQUITY SHARE INCLUDING A SHARE PREMIUM OF RS 17 PER EQUITY SHARE AGGREGATING TO RS 37.80 LAKH WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER TO THE ISSUE (THE ''MARKET MAKER RESERVATJON PORTION'). THE ISSUE LESS THE MARKET MAKER RESERVATJON PORTION i.e. NET ISSUE OF 25,60,000 EQUITY SHARES OF FACE VALUE OF RS 10 EACH AT A PRICE OF RS 27 PER EQUITY SHARE INCLUDING A SHARE PREMIUM OF RS 17 PER EQUITY SHARE AGGREGATING TO RS 691.20 LAKH IS HEREIN AFTER REFERRED TO AS THE 'NET ISSUE'. THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 40.36% AND 38.27% RESPECTIVELY OF THE POST ISSUE PAID UP EQUJTY SHARE CAPfTAL OF OUR COMPANY.

In terms of Prospectus dated June 23, 2017 and as per Regulation 43 (4) of SEBI (ICDR} Regulations, 2009 wherein (a) minimum of 50 % of the Net Offer to Public Shall be initially made available to Retail Individual Investors and (b) The balance net offer of shares to the public snail be made available for allotment to (i) Individual applicant other than retail Individual Investors and (ii) other Investors including corporate bodies or institutions, irreespective of number of specified securities applied for. (c) The unSubscribed portion in either of the Categories specified in (a)or(b) above may be allocated to the applicants in the other category.
Explanation: For the purpose of Regulation 43 (4) of SEBI (ICDR) Regulations, 2009, If the retail individual investor is antitied to more than fifty percent, on proportionate basis, the retail individual investors shall be allocated that higher percentage.

THE FACE VALUE OF THE EQUITY SHARES IS RS 10/- EACH & THE ISSUE PRICE IS RS 27/- EACH INCLUDING A SHARE PREMIUM OF RS 17 PER EQUITY SHARE. THE ISSUE PRICE IS 2.7 TIMES OF THE FACE VALUE. ISSUE OPENED ON JUNE 30, 2017 (FRIDAY) AND CLOSED ON JULY 4, 2017 (TUESDAY).

The Equity Shares offered through the Prospectus are proposed to be listed on Emerge Platform of National Stock Exchange of India Limited ('NSE Emerge'). In terms of the Chapter XB of the SEBI (ICDR) Regulations, 2009, as amended from time to time, our Company has. received In-Principle Approval Letter dated June 21, 2017 from NSE for using Its name in this offer document for hiding our shares on the Emerge Platform of National Stock Exchange of India Limited. For the purpose of this Issue, the designated Stock Exchange Will be the National Stock Exchange of India Limited ('NSE')

SUBSCRIPTION DETAILS

Details of Applications:
The Issue hus received 6309 applications (before Technical Rejections) for 5,82,52,000 Equity Shares (Including Market Maker Application Of 1,40,000 Equity Shares) resulting 21.575 times subscription. The details of the applications received in the Issue (before technical rejections) are as follows:
Details of the valid Applicarions Received (before Technical Rejections & Withdrawal of Application):

Category	Number of Applications	Number of Equity Shares	Subscription Ratio
Market Makers	1	1,40,000	1.000 times
Other than Retail individual investor's	110	3,33,20.000	26.031 times
Retail Individual Investor's	6,198	2,47,92,000	19.369 times
Total	6,309	5,82,52,000	Overall	21.575 times

Total 85 applications received in Retail Individual Investor Category were rejected on technical grounds. Further, there was no withdrawal of application in any of the category

ALLOCATION: The Basis of Allolmem was finalized in consultation with the Designated Stock Exchanoe - National Stock Exchange of India Limiled on July 7, 2017.

A. Allocation to Market Maker (After Technical Rejections & Withdrawal): The Basis of Allotment to the Markel Maker, at the Issue price of h Rs 27/- 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 1,40,000 Equity shares in full, out of reserved portion of 1,40,000 Equhy Shares.

B. Allocation to Retail Individual Investors (After Technical Rejections & Withdrawal, If any): The Basis of Allotment to the Retail Individual Investors, at the issue price of Rs 27/- per Equity Share, was finalized in consultation with NSE. The category was subscribed by 19.103 times. Total number of shares allotted in this category is 12,80,000 Equity Share as under;

No. of Shares Applied for (Category wise)	No. Of Applicati ons received	% to total	Total No. of Equity Shares applied	% of total	Proportionate Shares Available	Allocation per Applicant (Before Rounding Off	Allocation per Applicant (After Rounding Off	Ratio of Allottees to the Applicant	Serial Number of Qualifying applicants	Number of Successful Applicants (After Rounding Off)	% to Total	Total No. of Equity Shares allocated/ allotted	% to Tolal	Surplus /Deficit
4,000	6113	100.00	24452000	100.00	1280000	209.39	4000	10:191	20, 24, 39, 66, 80, 116, 146, 166, 176, 184	320	100.00	1280000	100.00	0
Total	6113	100.00	24452000	100.00	1280000					320	100.00	1280000	100.00	0

C. Allocation to Non Retail Investors (After Technical Rejections & Withdrawal): The Basis of Allotment to the Non Retail Investors, at the Issue price of Rs. 27/-per Equity Share, was finalized in consuhalion with NSE. The category was subscribed by 26.031 times. Total number of shares allotted in this category is 12,80,000 Equity Shares The category wise basis of allotment is as under:

No. of Shares Applied for (Category wise)	No. of Applications	% to total	Total No. of Equity Shares applied	% of total	Proportionate Shares Available	Allocation per Applicant (Before Rounding Off	Allocation per Applicant (After Rounding off)	Ratio of Allottees to the Applicant	Serial Number of Qualifying applicants	Number of Successful Applicants (After Rounding Off)	% to Total	Total No. of Equity Shares allocated/ allotted	% to Tolal	Surplus /Deficit (Rounde d off)
8,000	15	13.64	1,20,000	0.36	4612	307.47	4000 00	1:15	13	1	1.35	4000	0.31	-612.00
12,000	9	8.18	1,08,000	0.32	4149	461.00	4000.00	1:9	8	1	1.35	4000	0.31	-149.00
16,000	7	6.36	1,12,000	0.34	4303	614.71	4000 00	1:7	5	1	1.35	4000	0.31	-303.00
20,000	1	0.91	20,000	0.06	768	768.00	4000.00	1:1		1	1.35	4000	0.31	3232.00
24,000	2	1.82	48,000	0.14	1844	922.00	4000.00	1:2	1	1	1.35	4000	0.31	2156.00
28,000	1	0.91	28,000	0.08l	1076	1076.00	4000.00	1:1		1	1.35	4000	0.31	2924.00
32,000	2	1.82	64,000	0.19	2459	1229.50	4000.00	1:2	1	1	1 35	4000	0.31	1541.00
36,000	2	1.82	72,000	0.22	2766	1383.00	4000.00	1:2	1	1	1.35	4000	0.31	1234.00
40,000	5	4.55	2,00,000	0.60	7683	1536.60	4000.00	2:5	3.4	2	2.70	8000	0.63	317.00
44,000	1	0.91	44,000	0.13	1690	1690.00	4000.00	1:1		1	1.35	4000	0.31	2310.00
60,000	1	0.91	60,000	0.18	2305	2305.00	4000.00	1:1		1	1.35	4000	0.31	1695.00
68,000	1	0.91	68,000	0.20	2612	2612.00	4000.00	1:1		1	1.35	4000	0.31	1388.00
72,000	2	1.82	1,44,000	0.43	5532	2766.00	4000.00	1:2	1	1	1.35	4000	0.31	-1532.00
80,000	2	1.82	1,60,000	0.48	6146	3073.00	4000.00	1:2	1	1	1.35	4000	0.31	-2146.00
96,000	1	0.91	96,000	0.29	3688	3688.00	4000.00	1:1		1	1.35	4000	0.31	312.00
1,00,000	3	2.73	3,00,000	0.90	11525	3841.67	4000.00	1:1		3	4.05	12000	0.94	475.00
1,08,000	1	0.91	1,08,000	0.32	4149	4149.00	4000.00	1:1		1	1.35	4000	0.31	-149.00
1,24,000	1	0.91	1,24,000	0.37	4764	4764.00	4000.00	1:1		1	1.35	4000	0.31	-764.00
1,28,000	1	0.91	1,28,000	0.36	4917	4917.00	4000.00	1:1		1	1.35	4000	0.31	-917.00
1,36,000	1	0.91	1,36,000	0.41	5224	5224.00	4000.00	1:1		1	1.35	4000	0.31	-1224.00
1,44,000	1	0 91	1,44,000	0.43	5532	5532.00	4000.00	1:1		1	1 35	4000	0.31	-1532.00
1,48.000	3	2.73	4,44,000	1.33	17056	5685.33	4000.00	1:1		3	4.05	12000	0.94	-5056.00
1,72,000	1	0.91	1,72,000	0.52	6607	6607.00	8000.00	1:1		1	1.35	8000	0.63	1393.00
1,84,000	1	0.91	1,84,000	0.55	7068	7068.00	8000.00	1:1		1	1.35	8000	0.63	932.00
1,88,000	1	0.91	1,88,000	0.56	7222	7222.00	8000.00	1:1		1	1 35	8000	0.63	778.00
1,96,000	1	0.91	1,96,000	0.59	7529	7529.00	8000.00	1:1		1	1.35	8000	0.63	471 .00
2,00,000	4	3.64	3,00,000	2.40	30732	7683.00	8000.00	1:1		4	5.41	32000	2.50	1268.00
2,12,000	1	0.91	2,12,000	0.64	8144	8144.00	8000.00	1:1		1	1.35	8000	0.63	-144.00
2,24,000	1	0.91	2,24,000	0.67	8605	8605.00	8000.00	1:1		1	1 35	8000	0.63	-605.00
2,28,000	1	0.91	2,28,000	0.68	8759	8759.00	8000.00	1:1		1	1.35	8000	0.63	-759.00
2,40,000	2	1.82	4,80,000	1.44	18439	9219.50	8000.00	1:1		2	2.70	16000	1.25	-2439.00
2,44,000	3	2.73	7,32,000	2.20	28120	9373.33	8000.00	1:1		3	4.05	24000	1.88	-4120.00
2,64,000	1	0.91	2,64,000	0.79	10142	10142.00	8000.00	1:1		1	1.35	8000	0.63	-2142.00
2,76,000	1	0.91	2,76,000	0.83	10603	10603.00	12000.00	1:1		1	1.35	12000	0.94	1397.00
2,84,000	2	1.82	5,68,000	1.70	21820	10910.00	12000.00	1:1		2	2.70	24000	1.88	2180.00
3,00,000	2	1.82	6,00,000	1.80	23049	11524.50	12000.00	1:1		2	2.70	24000	1.88	951.00
3,64,000	1	0.91	3,64,000	1.09	13983	13983.00	12000.00	1:1		1	1.35	12000	0.94	-1983.00
3,68,000	4	3.64	14,72,000	4.42	58547	14136.75	12000.00	1:1		4	5.41	48000	3.75	-8547.00
3,72,000	3	2.73	11,16,000	3.35	42872	14290.67	16000.00	1:1		3	4.05	48000	3.75	5128.00
3,92,000	1	0.91	3,92,000	1.18	15059	15059.00	16000.00	1:1		1	1.35	16000	1.25	941.00
4,00,000	1	0 91	4,00,000	1.20	15366	15366.00	16000.00	1:1		1	1.35	16000	1 25	634.00
4,44,000	1	0.91	4,44,000	1.33	17056	17056.00	16000.00	1:1		1	1.35	16000	1.25	-1056.00
4,72,000	1	0.91	4,72,000	1.42	18132	18132.00	16000.00	1:1		1	1 35	16000	1.25	-2132.00
5,52,000	1	0.91	5,52,000	1.66	21205	21205.00	20000.00	1:1		1	1.35	20000	1.56	-1205.00
5,56,000	1	0.91	5,56,000	1.67	21359	.21359.00	20000.00	1:1		1	1 35	20000	1.56	-1359.00
7,88,000	1	0.91	7,88,000	2.36	30271	30271.00	28000.00	1:1		1	1.35	28000	2.19	-2271.00
9,20,000	1	0.91	9,20,000	2.76	35342	35342.00	36000.00	1:1		1	1.35	36000	2.81	658.00
11,08,000	1	0.91	11,08,000	3.33	42564	42564.00	44000.00	1:1		1	1.35	44000	3.44	1436.00
11,12,000	1	0.91	11,12,000	3.34	42718	42718.00	44000.00	1:1		1	1.35	44000	3.44	1282.00
16,60,000	1	0.91	16,60,000	4.98	63770	63770.00	64000.00	1:1		1	1.35	64000	5.00	230.00
18,40,000	1	0. 91	18,40,000	5.52	70684	70684.00	72000.00	1:1		1	1.35	72000	5.63	1316.00
20,32,000	1	0.91	20,32,000	6.10	78060	78060.00	76000.00	1:1		1	1.35	76000	5.94	-2060.00
25,60,000	4	3.64	102,40,000	30.73	393373	98343.25	100000.00	1:1		4	5.41	400000	31.25	6627.00
Total	110	100.00	33320000	100.00	12,80,000			1:1		74	100.00	1280000	100.00	0

The Board of Directors of the Company at its meeting held on July 8, 2017 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz. N$E and has authorized the corporate action for the transfer of the Equity shares/dispatch of share certificates to various successful applicants.

TheCAN-cum-Refund Orders and allotment advice and/or notices are being dispatched to the address of the Applicants as registered with the depositories l as-filled in the application form. Further. The instructions to Self Certified Syndicate Banks for unblocking funds were being processed on or before July 8, 2017. 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 the National Stock Exchange of India Limited within Six working days from the date of the closure of the Issue. The trading is proposed to be commenced on Wednesday, July 12, 2017 subject to receipt of final listing and trading approvals from the National Slock Exchange of India Limited.

INVESTORS PLEASE NOTE

The details of the allotment made would also be hosted on the website of the Registrar to the issue, Link Intime India Private Limited at www.linkintime.co.in . All future correspondence in this regand 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:

LINK INTIME INDIA PRIVATE LIMITED
Address: C-101, 1st Floor, 247 Park, L.B.S. marg, Vikhroli (West) Mumbai - 400 083, Maharashtra India
Tel: +91 022 4918 6200; Fax: +91 022 4918 6195;
Website: www.linkintime.co.in ; SEBI REGN NO: INR00000408
Contact Person: Ms. Shanti Gopalkrishnan
Investor Grievance E-mail: til.ipo@linkintime.co.in

Place: Ahmedabad Date: July 10, 2017	On behalf of the Board of Directors For, Transwind Infrastructure Limited sd/- Pankajkumar Dube Whole-Time Director DIN: 07787184

Transwind Infrastructures 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 Transwind Infrastructures IPO .

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

Visit the Transwind Infrastructures IPO allotment status page to check the number of shares allocated to your application.

In Transwind Infrastructures 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 Transwind Infrastructures IPO basis of allotment document to know how the shares are allocated in Transwind Infrastructures IPO.

Transwind Infrastructures IPO Basis of Allotment

Transwind Infrastructures IPO Basis of Allotment FAQs

How shares are allotted in Transwind Infrastructures IPO?

What is Transwind Infrastructures IPO basis of allotment status?

What is Transwind Infrastructures IPO allotment process?

Read more about Transwind Infrastructures IPO