March 10, 2016 - March 18, 2016

Wealth First NSE SME IPO Basis of Allotment

WEALTH FIRST PORTFOLIO MANAGERS LIMITED

CIN: U67120GJ2002PLC040636

Our Company was incorporated as 'DSFS Securities and Broking Private Limited' under the provisions of the Companies Act, 1956 vide certificate of incorporation dated April 16, 2002 issued by Registrar of Companies, Ahmedabad, Gujarat bearing registration No. 040636. Later on the name of our Company was changed to Wealth First Portfolio Managers Private Limited vide a fresh Certificate of Incorporation dated May 14,2003. Further our Company was converted into a Public Limited Company and fresh Certificate of Incorporation consequent to conversion was issued on September 30, 2015 by the Registrar of Companies, Ahmedabad, Gujarat and consequently the name of our Company was changed to 'Wealth First Portfolio Managers Limited'. The Corporate Identification Number of Our Company is U67120GJ2002PLC040636. For details of change in registered office of our Company please refer to chapter titled 'Our History and Certain Other Corporate Matters' beginning on page 118 of the Prospectus.

Registered Office: Capitol House, 10 Paras-II, Near Campus Cornor, Prahalad Nagar, Anand Nagar, Ahmedabad - 380051, Gujarat, India
Tel No.: 079-40240000; Fax No.: 079 - 40240081; E-mail: sme@wealthfirst.biz; Website: www.wealth-firstonline.com
Contact Person: Mr. Ashish Navnitlal Shah, Managing Director

PROMOTERS OF OUR COMPANY: MR. ASHISH NAVNITLAL SHAH & MRS. HENA ASHISH SHAH

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 16,80,000 EQUITY SHARES OF FACE VALUE OF RS 10 EACH FULLY PAID UP OF WEALTH FIRST PORTFOLIO MANAGERS LIMITED ('WFPML' OR THE 'COMPANY' OR THE 'ISSUER') FOR CASH AT A PRICE OF RS 50 PER EQUITY SHARE (THE 'ISSUE PRICE') (INCLUDING A SHARE PREMIUM OF RS 40 PER EQUITY SHARE AGGREGATING RS 840.00 LAKHS (THE 'ISSUE') BY OUR COMPANY, OF WHICH 84,000 EQUITY SHARES OF RS 10 FULLY PAID UP EACH 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 15,96,000 EQUITY SHARES OF RS 10 EACH FULLY PAID UP IS HEREINAFTER REFERRED TO AS THE 'NET ISSUE'. THE ISSUE WILL CONSTITUTE 26.29 % 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 227 OF THE PROSPECTUS.

THE FACE VALUE OF THE EQUITY SHARES IS RS 10 EACH. THE ISSUE PRICE IS RS 50
THE ISSUE PRICE IS 5.00 TIMES THE FACE VALUE.
ISSUE OPENED ON: MARCH 10,2016 AND ISSUE CLOSED ON: MARCH 18,2016
PROPOSED LISTING: WEDNESDAY, MARCH 30,2016

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, the Company is not required to obtain an in-principle listing approval for the shares being offered in this Issue. However, the Company has received an in-principle approval letter dated December 21,2015 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 Wednesday, March 30,2016.*

*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 494 applications for 2382000 Equity Shares resulting in 1.42 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	% to Total	No. of Equity Shares	% to Total	Subscription (Times)
Market Maker	1	0.20	84000	3.53	1.00
Retail Individual Investors	428	86.64	1284000	53.90	1.61
Other than Retail Individual Investors	65	13.16	1014000	42.57	1.27
Total	494	100.00	2382000	100.00	1.42

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

Category	No. of Applicants	No. of Equity Shares
Market Maker	Nil	Nil
Retail Individual Investors	7	21000
Other than Retail Individual Investors	1	9000
Total	8	30000

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

Category	No. of Applicants	% to Total	Issue Size (as per Prospectus)	No. of Valid Shares applied	Subscription (Times)
Market Maker	1	0.21	84000	84000	1.00
Retail Individual Investors	421	86.62	798000	1263000	1.58
Other than Retail Individual Investors	64	13.17	798000	1005000	1.26
Total	486	100.00	1680000	2352000	1.40

Allocation: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - National Stock Exchange of India Limited on March 23,2016.

A) Allocation to Marker Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the issue price of Rs 50 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 84,000 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 50 per Equity Share, was finalized in consultation with NSE. The category was subscribed by 1.58 times. The total number of shares allotted in this category is 801000 Equity Shares (including 3000 additional shares) to 267 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
3000	421	100.00	1263000	100.00	801000	1902.61	3000.00	26	41	267	801000	0
Total	421	100.00	1263000	100.00	801000	1902.61	3000.00	26	41	267	801000	0

*In Retail Investors category 3000 additional shares have been allotted.

C) Allocation to Non - Retails Category (After Technical Rejections): The Basis of Allotment to the Non Institutional Investors, at the issue price of Rs 50 per Equity Share, was finalized in consultation with NSE. The category was subscribed 1.26 times. The total number of shares allotted in this category is 798000 Equity Shares to 61 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
6000	16	25.00	96000	9.55	76227	4764.18	6000	13	16	13	78000	1773
9000	19	29.69	171000	17.01	135779	7146.27	6000	1	1	19	114000	-21779
9000							3000	6	19		18000	18000
12000	4	6.25	48000	4.78	38113	9528.25	9000	1	1	4	36000	-2113
15000	2	3.13	30000	2.99	23821	11910.45	12000	1	1	2	24000	179
18000	4	6.25	72000	7.16	57170	14292.54	15000	1	1	4	60000	2830
21000	12	18.75	252000	25.07	200096	16674.63	15000	1	1	12	180000	-20096
21000							3000	3	4		27000	27000
24000	2	3.13	48000	4.78	38113	19056.72	18000	1	1	2	36000	-2113
42000	2	3.13	84000	8.36	66699	33349.25	33000	1	1	2	66000	-699
51000	2	3.13	102000	10.15	80991	40495.52	39000	1	1	2	78000	-2991
102000	1	1.56	102000	10.15	80991	80991.04	81000	1	1	1	81000	9
Total	64	100.00	1005000	100.00	798000					61	798000	0

The Board of Directors of the Company at its meeting held on March 23, 2016 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 March 28, 2016. Further, the instructions to Self Certified Syndicate Banks for unblocking the amount are being processed on or prior to March 28,2016. 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 February 22,2016 ('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
E2 Ansa Industrial Estate, Sakivihar Road, Sakinaka, Andheri East, Mumbai - 400072.
Tel: +91 22 40430200; Fax: +91 22 28475207; E-mail: ipo@bigshareonline.com; Website: www.bigshareonline.com
Contact Person: Mr. Ashok Shetty; SEBI Registration No.: INR000001385

Place: Ahmedabad Date: March 23,2016	For WEALTH FIRST PORTFOLIO MANAGERS LIMITED On behalf of Board of Directors Sd/- Managing Director

Wealth First NSE SME 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 Wealth First NSE SME IPO .

The Wealth First NSE SME IPO basis of allotment (published above) tells you how shares are allocated to you in Wealth First NSE SME IPO and category wise demand of IPO share.

Visit the Wealth First NSE SME IPO allotment status page to check the number of shares allocated to your application.

In Wealth First NSE SME 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 Wealth First NSE SME IPO basis of allotment document to know how the shares are allocated in Wealth First NSE SME IPO.

Wealth First NSE SME IPO Basis of Allotment

Wealth First NSE SME IPO Basis of Allotment FAQs

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