May 25, 2016 - May 30, 2016

United Polyfab IPO Basis of Allotment

UNITED POLYFAB GUJARAT LIMITED

Our Company was originally incorporated as United Polyfab (Unit-11) Private Limited under the provision of the Companies Act, 1956 vide certificate of incorporation dated November 16,2010 issued by the Register of Companies. Ahmedahad.Gujarat.Consequent upon the conversion of our Company to public limited company, the nama of our company changed to United Polyfab (Unit-11} Limited and fresh certificate of incorporation dated December 3, 2015 was issued by the Registrar of Companies, Ahmedabad Gujarat Subsequently, the- name of our company was changed to United Polyfab Gujarat Limited and certificate of incorporation dated December 11, 2015 pursuant to change of nama was issued by Registrar of Companies, Ahmadabad, Gujarat. The Corporate Identification Numbarof our Company is U18109GJ2010PLCO62928.

Registered office: Survey No. 238, 239. Shahwadi. Opp. New Aarvee Denim, Nard-Sarkhej Highway, Ahmedabad.Gujarat-382405 Tel: +91 9925232824 Website: www.upgl.in
Promoters of the Company: Mr Nirmal Mittal, Mr Gagan Mittal & Gagan N Mittal (HUF)

BASIS OF ALLOTMENT

UNITED POLYFAB GUJARAT LIMITED - SME IPO

PUBLIC ISSUE OF 17,01,000 EQUITY SHARES OF FACE VALUE OF Rs. 10/- EACH OF UNITED POLYFAB GUJARAT LIMlTED ('UPGL' OR THE 'COMPANY' OR THE 'ISSUER') FOR CASH AT A PRICE OF Rs. 45/-PER EQUITY SHARE INCLUDING A SHARE PREMIUM OF Rs. 35/- PER EQUITYSHARE (THE 'ISSUE PRICE') AGGREGATING TO Rs 765.45 LACS ('THE ISSUE'), OF WHICH 87,000 EQUITY SHARES OF FACE VALUE OF Rs 10/-EACH FOR CASH AT A PRICE OF Rs. 45/- PER EQUITY SHARE INCLUDING A SHARE PREMIUM OF Rs 35/- PER EQUITY SHAREAGGREGATING TO Rs 39.15 LACS 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. NET ISSUE OF 16,14,000 EQUITY SHARES OF FACE VALUE OF Rs. 10/- EACH AT A PRICE OF Rs. 45/- PER EQUITY SHARE AGGREGATING TO Rs 726.30 LACS IS HEREIN AFTER REFERRED TO AS THE 'NET ISSUE'. THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 36. 32% AND 34,46%, RESPECTlVELY OF THE POST ISSUE PAID UP EQUITYSHARE CAPITAL OF OUR COMPANY.
In terms of Prospects daled 19 May, 2016 arid as per Regulation 43 (4) of SEEI {ICDR) Regulations, 2009 wherein a minimum of 50 % of the Net Offer to Public shall be initially made available to Retail Individual Investors as the case may be. 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/ institution irrespective of no. of shares applied for. Explanation: for the purpose of Regulation 43 (4) of SEEI (ICDR) Regulations, 2009, if the retail individual investor is entitled 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 AND THE
ISSUE PRICE lS Rs. 45/- EACH, THE ISSUE PRICE IS 4. 5 TIME OF THE FACE VALU E .
ISSUE OPENED ON 25TH MAY, 2016 (WEDNESDAY) AND CLOSED ON 30TH MAY 2016 (MON DAY),

The Equity Shares offered through the Prospectus are proposed to be listed on the SME
platform of The NSE (Emerge) in terms of the chapter XB of the SEEI (ICDR)
Regulations, 2009 as amended from time to time, Company is not required to obtain an
in-principle approval of the shares being offered in this Issue, However Company has
received an approval letter dated April 15,2016 from NSE for using its name in the offer
document for listing of our Shares on the SME platform of NSE {Emerge). The designated
stock exchange is NSE.

SUBSCRIPTION DETAILS
The Issue has received 89 applications for 18,24.000 Equity Shares (Including Market
Maker Application of 87,000 Equity Shares) resulting 1.072 times

subscription. The details of the applications received in the issue (before technical
rejections) are as follows:

There were no applications rejected by the Registrar on technical grounds and no
withdrawal of applications.

Detail of the valid Applications Received (Before Technical Rejection & withdrawal of
application):}

CATEGORY	NUMBER OF APPLICATIONS	NUMBER OF EQUITY SHARE	SUBSCRIPTION
Market Makers	1	87000	1.00
Other Than Retail Individual Investors	31	1566000	1.940
Relail Individual Investor's	57	171000	0.212
TOTAL	89	1824000	1.072

ALLOCATION: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange-National Stock Exchange Limited on 02 June, 2016.

A, Allocation to Market Maker (After Technical Rejections & Withdrawal): The Basis of Allotmentto the Market Maker, at the issue price of Rs, 45/- per Equity Share, was finalised in consultation with NSE , The category was subscribed by 1,00 times, The total nurnberof shares allotted in this category is 87.000 Equity shares in full out of reserved portion of 87.000 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. 45/- per Equrty Share, was finalized in consultation withNSE. The category was subscribed by 0.212 times, Total nurnberof shares allotted in this category is 1,68.000:

No.of Shares Applied for (Category wise)	No . of Applications	% to total	Total No. of Equity Shares applied	% to total	Proportionate Shares Available	Allocation per Applicant (Before Rounding off	Allocation per Applicant (After Rounding off	Ratio of Allottees to the Applicants	Total No. of Equity Shares allotted	Surplus/ (Deficit)
3000	56	100.00	168000	100	168000	3000	3000	1:1	168000	-
Total	56	100.00	168000	100	168000	3000	3000	1:1	168000	-

C. ALIocationto Non Retail Investors (After Technical Rejections & Withdrawal): The Basis of Allotment to the Non Retail Investors, at the issue price of Rs. 45/- per Equity Share, was Finalized in consultation with NSE. The category was subscribed by 1.941 times. Total number of shares allotted in this category is 14.46.000 including unsubscribed portion of 6,39,000 Eujuity Shares of Retail Individual Investors. The category wise basis of allotment is 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	Total No. of Shares allocated/ allotted	Surplus/ (Deficit)
6000	4	13.33	24000	1.55	22462	5615.53	60000	1:1	24000	1538
9000	4	13.33	36000	2.33	33693	8423.30	9000	1:1	36000	2307
15000	1	3.33	15000	0.97	14039	14038.63	15000	1:1	15000	961
18000	2	6.67	36000	2.33	33693	16846.60	18000	1:1	36000	2307
21000	4	13.33	84000	5.44	78617	19654.37	18000	1:1	72000	-6617
							3000	2:4	6000	6000
24000	1	3.33	24000	1.55	22462	22462.14	21000	1:1	21000	-1462
45000	1	3.33	45000	2.91	42117	42116.50	42000	1:1	42000	-117
54000	1	3.33	54000	3.50	50540	50539.81	51000	1:1	51000	460
60000	1	3.33	60000	3.88	56155	56155.34	57000	1:1	57000	845
66000	5	16.67	330000	21.36	308854	61770.67	60000	1:1	300000	-8854
							3000	1:5	3000	3000
87000	2	6.67	174000	11.26	162850	81425.24	81000	1:1	162000	-850
99000	1	3.33	99000	6.41	92656	92656.31	93000	1:1	93000	344
111000	1	3.33	111000	7.18	103887	103887.38	105000	1:1	105000	1113
165000	1	3.33	165000	10.68	154427	154427.16	153000	1:1	153000	-1427
288000	1	3.33	288000	18.64	269546	269545.63	270000	1:1	270000	454
	30	100.00	154500	100.00	1446000				1446000	0

The Board of Directors of the Company at its meeting held on 3rd June, 2016 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz. NSE and has authorized the corporate action for the transfer of the Equity Shares / dispatch of share certificates to various successful applicants.
The CAN-cum-Refund 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 6th June, 2016. Further, the instructions to Self Certified Syndicate Banks being processed on 3rd June, 2016. 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 or before 7th June, 2016 subject to receipt of listing and trading approvals from The National Stock 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 lssue, Satellite Corporate Services Pvt. Ltd at www.satellitecorporate.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 nurnberof the Application Form, nurnberof shares applied for and Bank Branch where the application had been lodged and payment details at the address of the Registrar given below:

SATELLITE CORPORATE SERVICES PVTLIMITED

B-302 Sony Apartment, Opp St Jude High School, 90 Ft Road, Jarimari, Sakinaka, Mumbai-400072

Tel No.: +91-22-28520461/2; Fax No.: +91-22-28611609
website: www.satellitecorporate.com; E-mail ID: service@satellitecorporate.com;
SEBI REGN NO: INR000003639; Contact person: Mr Michael Monteiro.

Place; Mumbai Date : 4th June, 2016	For UNITED POLYFAB GUJARAT LIMITED (GAGAN MITTAL) MANAGING DIRECTOR DIN: 00553377

THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE EQUITY SHARES ON LISTING OR THE BUSINESS PROSPECTS OF UNITED POLYFAB GUJART LIMITED.
Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectus.

United Polyfab 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 United Polyfab IPO .

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

Visit the United Polyfab IPO allotment status page to check the number of shares allocated to your application.

In United Polyfab 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 United Polyfab IPO basis of allotment document to know how the shares are allocated in United Polyfab IPO.

United Polyfab IPO Basis of Allotment

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