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September 15, 2017 - September 19, 2017

Worth Peripherals IPO Basis of Allotment

WORTH PERIPHERALS LIMITED

Our Company was originally incorporated as Versatile Investments Private Limited at Indore, Madhya Pradesh as a Private Limited Company under the provision of Companies Act, 1956 vide Certificate of Incorporation dated May 09, 1996 bearing registration No. 10-10808 issued by the Registrar of Companies, Madhya Pradesh, Gwalior. The name of our Company was changed to Vestal Pack Private Limited pursuant to a Fresh Certificate of Incorporation consequent on change of name, dated October 7, 2003, issued by the Registrar of Companies, Madhya Pradesh, Gwalior. The name of our Company was changed to Worth Peripherals Private Limited pursuant to Fresh Certificate of Incorporation consequent on change of name dated July 14, 2004. Subsequently, our Company was converted into a Public Limited Company pursuant to shareholders resolution passed at Extraordinary General Meeting of our Company held on April 24, 2017 and the name of our Company was changed to Worth Peripherals Limited and a Fresh Certificate of Incorporation consequent upon conversion of company to Public Limited dated April 27, 2017 was issued by Registrar of Companies, Madhya Pradesh, Gwalior. The Corporate Identification number of our Company is U67120MP1996PLC010808. For further details of change of name and registered office of our Company, please refer to chapter titled 'Our History and Certain Other Corporate Matters' beginning on page 134 of the Prospectus.

Registered Office: 102, Sanskriti Appartment, 44, Saket Nagar Indore 452018 Madhya Pradesh, India; Tel No.: 0731-2560267; Fax No.: Not Available; E-mail: investors@worthindia.com;
Website: www.worthindia.com
Corporate Identification Number: U67120MP1996PLC010808; Contact Person: Neetu Dubey, Company Secretary and Compliance Officer

PROMOTERS OF OUR COMPANY: RAMINDER SINGH CHADHA, AMARVEER KAUR CHADA

BASIS OF ALLOTMENT

INITIAL PUBLIC OFFER CONSISTING OF FRESH ISSUE 42,51,000 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH FULLY PAID FOR CASH AT A PRICE OF RS. 43 PER EQUITY SHARE (THE 'ISSUE PRICE') (INCLUDING A SHARE PREMIUM OF RS. 33 PER EQUITY SHARE) AGGREGATING UP TO RS. 1827.93 LAKHS (THE 'ISSUE'), OF WHICH 2,19,000 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH FOR CASH AT A PRICE OF RS. 43/- PER EQUITY SHARE, AGGREGATING RS. 94.17 LAKHS WILL BE RESERVED FOR SUBSCRIPTION BY THE MARKET MAKER TO THE ISSUE (THE 'MARKET MAKER RESERVATION PORTION'). THE ISSUE LESS MARKET MAKER RESERVATION PORTION I.E. ISSUE OF 40,32,000 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH FOR CASH AT A PRICE OF RS. 43/- PER EQUITY SHARE, AGGREGATING RS. 1733.76 LAKHS IS HEREINAFTER REFERRED TO AS THE 'NET ISSUE'. THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 26.99% AND 25.60% RESPECTIVELY OF THE FULLY DILUTED POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY.

RISKS TO INVESTORS:

As on date of the Prospectus, the average cost of acquisition per Equity Share by our Promoters viz. Raminder Singh Chadha is 11.28, Amarveer Kaur Chadha is 10.
In terms of Prospectus dated September 20, 2017 and as per SEBI (ICDR) Regulations, 2009 wherein
(a) minimum of 50% of the Net Offer to Public shall initially be made available to Retail Individual Investors.
(b) the balance net offer of shares to the public shall be made available for allotment to

(i) individual applicants other than retail investors and
(ii) other investors including corporate bodies/ institutions irrespective of no. of shares applied for.

(c) the unsubscribed portion of the net offer to any one of the categories specified in (a) or (b) shall/may be made available for allocation in any other category, if so required
Explanation: for the purpose of Regulation 43(4) of SEBI (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. All Investors have participated in this offer through ASBA process. For details in this regards, specific attention is invited to chapter 'Issue Procedure' on page 253 of the Prospectus.

THE FACE VALUE OF EQUITY SHARES IS RS. 10/- EACH.
THE ISSUE PRICE IS RS. 43/- AND IS 4.3 TIMES THE FACE VALUE OF THE EQUITY SHARES
ISSUE OPENED ON: FRIDAY, SEPTEMBER 15, 2017 AND CLOSED ON: TUESDAY, SEPTEMBER 19, 2017

The Equity Shares of our Company issued through the Prospectus are proposed to be listed on the 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 an approval letter dated August 08, 2017 fromNSE EMERGE for using its name in the Issue document for listing of our shares on the EMERGE Platform of National Stock Exchange of India Limited. For the purpose of this Issue, EMERGE Platform of the National Stock Exchange of India Limited shall be the Designated Stock Exchange.

SUBSCRIPTION DETAILS

The Issue has received 11863 applications for 19,38,69,000 Equity shares (Before Technical Rejections, Application banked but bids not registered and bids not banked) including Market Maker Application of 2,19,000 Equity Shares. The issue was subscribed to the extent of 45.61 times as per the application data (Before Technical Rejections, Application banked but bids not registered and bids not banked). After considering the technical rejections cases, the issue was subscribed 45.14 times.
The details of application received (Before Technical Rejection but after bids not banked, application banked but bids not registered and invalid duplicate bids)

CATEGORY NUMBER OF
APPLICATIONS
NUMBER OF
EQUITY SHARES
SUBSCRIPTION
Market Maker 1 2,19,000 1.00
Other than Retail Individual Investors 413 15,86,16,000 78.68
Retail Individual Investors 11,331 3,39,93,000 16.86
TOTAL 11,745 19,28,28,000 45.36

Final Demand

Sr.No. Bid Price No. of Equity Shares Bid % to total Cumulative total % of Cumulative total
1. 40.00 1,23,000 0.06 1,23,000 0.06
2. 41.00 6,000 0.00 1,29,000 0.07
3. 42.00 27,000 0.01 1,56,000 0.08
4. 43.00 18,19,41,000 93.85 18,20,97,000 93.93
5. CUT-OFF 1,17,72,000 6.07 19,38,69,000 100
Total 19,38,69,000 100.00

ALLOCATION: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - EMERGE Platform of the National Stock Exchange of India Limited on September 22, 2017

A. Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the issue price of Rs. 43/- per Equity Share, was finalized in consultation with National Stock Exchange of India Limited. The category was subscribed by 1.00 times. The total number of shares allotted in this category is 2,19,000 Equity shares in full out of reserved portion of 2,19,000 Equity Shares.

B. Allocation to Retail Individual Investors (After Technical Rejections): The Basis of Allotmentto the Retail Individual Investors, at the issue price of Rs. 43/- per Equity Share, was finalized in consultation with National Stock Exchange of India Limited. The category was subscribed by 16.48 times. Total number of shares allotted in this category is 20,16,000 Equity Shares. 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
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)
3,000 11,075 100 3,32,25,000 100 20,16,000 182.03 3,000 672:11075 20,16,000 0

C. Allocation to Other than Retail Individual Investor (After Technical Rejection): The Basis of Allotmentto other than Retail Individual Investors, at the issue price of Rs 43/- per Equity Share, was finalized in consultation with National Stock Exchange of India Limited. The category was subscribed by 78.60 times. Total number of shares allotted in this category is 20,16,000 Equity Shares. 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
Equity Share
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)
6,000 74 18.45 4,44,000 0.28 5,649 76.33 3,000 2:74 6,000 351
9,000 23 5.74 2,07,000 0.13 2,633 114.50 3,000 1:23 3,000 367
12,000 27 6.73 3,24,000 0.20 4,122 152.66 3,000 1:27 3,000 -1,122
15,000 18 4.49 2,70,000 0.17 3,435 190.83 3,000 1:18 3,000 -435
18,000 7 1.75 1,26,000 0.08 1,603 229.00 3,000 1:7 3,000 1,397
21,000 14 3.49 2,94,000 0.19 3,740 267.16 3,000 1:14 3,000 -740
24,000 10 2.49 2,40,000 0.15 3,053 305.33 3,000 1:10 3,000 -53
27,000 9 2.24 2,43,000 0.15 3,091 343.49 3,000 1:9 3,000 -91
30,000 13 3.24 3,90,000 0.25 4,962 381.66 3,000 1;13 3,000 -1,962
33,000 9 2.24 2,97,000 0.19 3,778 419.83 3,000 1;9 3,000 -778
36,000 8 2.00 2,88,000 0.18 3,664 457.99 3,000 1:8 3,000 -664
39,000 4 1.00 1,56,000 0.10 1,985 496.16 3,000 1:4 3,000 1,015
42,000 2 0.50 84,000 0.05 1,069 534.32 3,000 0:0 0 -1,069
45,000 5 1.25 2,25,000 0.14 2,862 572.49 3,000 1:5 3,000 138
48,000 11 2.74 5,28,000 0.33 6,717 610.65 3,000 2:11 6,000 -717
51,000 2 0.50 1,02,000 0.06 1,298 648.82 3,000 1:2 3,000 1,702
54,000 4 1.00 2,16,000 0.14 2,748 686.99 3,000 1:4 3,000 252
57,000 8 2.00 4,56,000 0.29 5,801 725.15 3,000 2:8 6,000 199
60,000 10 2.49 6,00,000 0.38 7,633 763.32 3,000 2:10 6,000 -1,633
63,000 1 0.25 63,000 0.04 801 801.48 3,000 0:0 0 -801
66,000 1 0.25 66,000 0.04 840 839.65 3,000 0:0 0 -840
69,000 3 0.75 2,07,000 0.13 2,633 877.82 3,000 1:3 3,000 367
75,000 1 0.25 75,000 0.05 954 954.15 3,000 0:0 0 -954
78,000 3 0.75 2,34,000 0.15 2,977 992.31 3,000 1:3 3,000 23
81,000 4 1.00 3,24,000 0.20 4,122 1,030.48 3,000 1:4 3,000 -1,122
90,000 3 0.75 2,70,000 0.17 3,435 1,144.98 3,000 1:3 3,000 -435
93,000 3 0.75 2,79,000 0.18 3,549 1,183.14 3,000 1:3 3,000 -549
96,000 3 0.75 2,88,000 0.18 3,664 1,221.31 3,000 1:3 3,000 -664
99,000 1 0.25 99,000 0.06 1,259 1,259.48 3,000 0:0 0 -1,259
1,05,000 4 1.00 4,20,000 0.27 5,343 1,335.81 3,000 2:4 6,000 657
1,08,000 1 0.25 1,08,000 0.07 1,374 1,373.97 3,000 1:1 3,000 1,626
1,11,000 1 0.25 1,11,000 0.07 1,412 1,412.14 3,000 1:1 3,000 1,588
1,14,000 1 0.25 1,14,000 0.07 1,450 1,450.30 3,000 1:1 3,000 1,550
1,17,000 2 0.50 2,34,000 0.15 2,977 1,488.47 3,000 1:2 3,000 23
1,20,000 1 0.25 1,20,000 0.08 1,527 1,526.64 3,000 1:1 3,000 1,473
1,26,000 2 0.50 2,52,000 0.16 3,206 1,602.97 3,000 1:2 3,000 -206
1,29,000 1 0.25 1,29,000 0.08 1,641 1,641.13 3,000 1:1 3,000 1,359
1,35,000 3 0.75 4,05,000 0.26 5,152 1,717.47 3,000 2:3 6,000 848
1,41,000 2 0.50 2,82,000 0.18 3,588 1,793.80 3,000 1:2 3,000 -588
1,50,000 1 0.25 1,50,000 0.09 1,908 1,908.30 3,000 1:1 3,000 1,092
1,62,000 2 0.50 3,24,000 0.20 4,122 2,060.96 3,000 1:2 3,000 -1,122
1,65,000 1 0.25 1,65,000 0.10 2,099 2,099.13 3,000 1:1 3,000 901
1,68,000 1 0.25 1,68,000 0.11 2137 2,137.29 3,000 1:1 3,000 863
1,80,000 2 0.50 3,60,000 0.23 4,580 2,289.95 3,000 1:2 3,000 -1,580
1,86,000 1 0.25 1,86,000 0.12 2,366 2,366.29 3,000 1:1 3,000 634
2,07,000 1 0.25 2,07,000 0.13 2,633 2,633.45 3,000 1:1 3,000 367
2,25,000 1 0.25 2,25,000 0.14 2862 2,862.44 3,000 1:1 3,000 138
2,31,000 9 2.24 20,79,000 1.31 26,449 2,938.78 3,000 1:1 27,000 551
2,34,000 2 0.50 4,68,000 0.30 5,954 2,976.94 3,000 1:1 6,000 46
2,43,000 1 0.25 2,43,000 0.15 3,091 3,091.44 3,000 1:1 3,000 -91
2,91,000 1 0.25 2,91,000 0.18 3,702 3,702.09 3,000 1:1 3,000 -702
2,97,000 1 0.25 2,97,000 0.19 3,778 3,778.43 3,000 1:1 3,000 -778
3,00,000 2 0.50 6,00,000 0.38 7,633 3,816.59 3,000 1:1 6,000 -1,633
3,63,000 1 0.25 3,63,000 0.23 4,618 4,618.08 3,000 1:1 3,000 -1,618
4,05,000 2 0.50 8,10,000 0.51 10,305 5,152.40 6,000 1:1 12,000 1,695
4,11,000 1 0.25 4,11,000 0.26 5,229 5,228.73 6,000 1:1 6,000 771
4,14,000 1 0.25 4,14,000 0.26 5,267 5,266.90 6,000 1:1 6,000 733
4,17,000 1 0.25 4,17,000 0.26 5,305 5,305.06 6,000 1:1 6,000 695
4,35,000 1 0.25 4,35,000 0.27 5,534 5,534.06 6,000 1:1 6,000 466
4,44,000 1 0.25 4,44,000 0.28 5,649 5,648.56 6,000 1:1 6,000 351
4,47,000 1 0.25 4,47,000 0.28 5,687 5,686.72 6,000 1:1 6,000 313
4,59,000 1 0.25 4,59,000 0.29 5,839 5,839.39 6,000 1:1 6,000 161
4,62,000 1 0.25 4,62,000 0.29 5,878 5,877.55 6,000 1:1 6,000 122
4,65,000 10 2.49 46,50,000 2.93 59,157 5,915.72 6,000 1:1 60,000 843
4,77,000 1 0.25 4,77,000 0.30 6,068 6,068.38 6,000 1:1 6,000 -68
4,80,000 2 0.50 9,60,000 0.61 12,213 6,106.55 6,000 1:1 12,000 -213
5,40,000 2 0.50 10,80,000 0.68 13,740 6,869.86 6,000 1:1 12,000 -1,740
5,70,000 1 0.25 5,70,000 0.36 7,252 7,251.52 6,000 1:1 6,000 -1,252
5,79,000 2 0.50 11,58,000 0.73 14,732 7,366.02 6,000 1:1 12,000 -2,732
6,00,000 1 0.25 6,00,000 0.38 7,633 7,633.18 9,000 1:1 9,000 1,367
6,12,000 1 0.25 6,12,000 0.39 7,786 7,785.85 9,000 1:1 9,000 1,214
6,39,000 1 0.25 6,39,000 0.40 8,129 8,129.34 9,000 1:1 9,000 871
7,53,000 1 0.25 7,53,000 0.48 9,580 9,579.64 9,000 1:1 9,000 -580
8,10,000 1 0.25 8,10,000 0.51 10,305 10,304.80 9,000 1:1 9,000 -1,305
10,05,000 1 0.25 10,05,000 0.63 12,786 12,785.58 12,000 1:1 12,000 -786
10,20,000 1 0.25 10„20,000 0.64 12,976 12,976.41 12,000 1:1 12,000 -976
10,44,000 1 0.25 10,44,000 0.66 13,282 13,281.74 12,000 1:1 12,000 -1,282
10,50,000 1 0.25 10,50,000 0.66 13,358 13,358.07 12,000 1:1 12,000 -1,358
11,61,000 2 0.50 23,22,000 1.47 29,540 14,770.21 15,000 1:1 30,000 460
13,95,000 2 0.50 27,90,000 1.76 35,494 17,747.15 18,000 1:1 36,000 506
18,60,000 2 0.50 37,20,000 2.35 47,326 23,662.87 24,000 1:1 48,000 674
19,50,000 1 0.25 19,50,000 1.23 24,808 24,807.85 24,000 1:1 24,000 -808
23,25,000 2 0.50 46,50,000 2.93 59,157 29,578.58 30000 1:1 60,000 843
29,04,000 2 0.50 58,08,000 3.67 73,889 36,944.61 36,000 1:1 72,000 -1,889
32,97,000 1 0.25 32,97,000 2.08 41,944 41,944.34 42,000 1:1 42,000 56
34,86,000 13 3.24 4,53,18,000 28.60 5,76,534 44,348.79 45,000 1:1 5,85,000 8,466
39,51,000 2 0.50 79,02,000 4.99 1,00,529 50,264.51 51,000 1:1 1,02,000 1,471
39,75,000 1 0.25 309,75,00 2.51 50,570 50,569.84 51,000 1:1 51,000 430
40,29,000 3 0.75 1,20,87,000 7.63 1,53,770 51,256.82 51,000 1:1 1,53,000 -770
40,32,000 7 1.75 2,82,24,000 17.81 3,59,070 51,294.99 51,000 1:1 3,57,000 -2,070

The Board of Directors of the Company at its meeting held on September 23, 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 authorized corporate action for allotment of shares in dematerialized form to various successful applicants.
The CAN and allotment advice and/or notices shall be dispatched to the address of the Applicants as registered with the depositories / as filled in the application form on or before September 27, 2017. Further, the instructions to SCSBs shall be issued on September 23, 2017 for unblocking of funds. 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. In case the same is not received within prescribed time, Investors may contact the registrar to the Issue at the address given below. The Company is taking steps to get the Equity Shares admitted for trading on the EMERGE 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 commence on or before September 27, 2017 subject to receipt of listing and trading approvals from NSE.

INVESTORS PLEASE NOTE

The details of the allotment made will be hosted on the website of the Registrar to the Issue at www.bigshareonline.com. All future correspondence in this regard may kindly be addressed to the Registrar quoting full name of the First/ Sole applicant, serial number of the Application Form, number of shares applied for and BankBranch where the application had been lodged and payment details at the address of the Registrar given below:

BIGSHARE SERVICES PRIVATE LIMITED
1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis, Makwana Road, Marol,
Andheri East, Mumbai - 400 059, Maharashtra, India
Tel: +91 22 62638200; Fax: +91 22 62638299
Email: ipo@bigshareonline.com; Website: www.bigshareonline.com
Investor Grievance Id: investor@bigshareonline.com Contact Person: Srinivas Dornala;
SEBI Registration No.: INR000001385

Date: September 25,2017
Place: Indore, Madhya Pradesh
For Worth Peripherals Limited
On behalf of the Board of Directors
Sd/-
Jayvir Chadha
Whole Time Director

Worth Peripherals 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 Worth Peripherals IPO .

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

Visit the Worth Peripherals IPO allotment status page to check the number of shares allocated to your application.

In Worth Peripherals 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 Worth Peripherals IPO basis of allotment document to know how the shares are allocated in Worth Peripherals IPO.