Our Company was incorporated as "Prakash Constrowell Private Limited" under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated January 4,1996 bearing Registration No. 11 -95941. Our Company was converted into a public limited company vide a fresh Certificate of Incorporation dated January 5,2011 and consequently the name of our Company was changed to "Prakash Constrowell Limited". The Corporate Identification Number of our Company is U45200MH1996PLC095941.

Registered Office: 6/7 Falcon Plaza, National Urdu High School Road, Near Sarda Circle, Nasik - 422001, Maharashtra, India. Tel No.: +91 253 2590725; Fax No.: +91 253 2597720; E-mail: info@pclnsk.com; Website: www.pclnsk.com
Contact Person: Mr. Vipul Dileep Lathi, Compliance Officer
Promoters of our Company: Mr. Prakash P. Laddha and Mrs. Aruna P. Laddha

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 43,47,826 EQUITY SHARES OF RS 10 EACH OF PRAKASH CONSTROWELL LIMITED ("PCL" OR THE "COMPANY" OR THE "ISSUER") FOR CASH AT A PRICE OF RS 138 PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF RS 128 PER EQUITY SHARE) AGGREGATING TO RS 6,000 LAKHS (THE "ISSUE"). THE ISSUE WILL CONSTITUTE 34.59% OF THE FULLY DILUTED POST ISSUE PAID UP CAPITAL OF THE COMPANY.

BID/ISSUE OPENED ON SEPTEMBER 19,2011 AND CLOSED ON SEPTEMBER 21,2011.
The Equity Shares of the Company are proposed to be listed on the Bombay Stock Exchange Limited ("BSE") and the National Stock Exchange of India Limited ("NSE") and the trading will commence on October 04,2011

ISSUE PRICE: RS 138/- PER EQUITY SHARE FOR ALL CATEGORIES

THE ISSUE PRICE IS 13.8 TIMES OF THE FACE VALUE OF EQUITY SHARES

This is an Issue for at least 25.00% of the post-Issue capital in accordance with Rule 19(2)(b)(i) of the Securities Contracts Regulations Rules, 1957, as amended ("SCRR"). The Issue is being made through the 100.00% Book Building Process wherein up to 50.00% of the Issue shall be allocated on a proportionate basis to Qualified Institutional Buyers ("QIBs"). 5.00% of the QIB Portion shall be available for allocation on a proportionate basis to Mutual Funds only, and the remainder of the QIB Portion shall be available for allocation on a proportionate basis to all QIB Bidders, including Mutual Funds, subject to valid Bids being received at or above the Issue Price. Further, not less than 15.00% of the Issue shall be available for allocation on a proportionate basis to Non-Institutional Bidders and not less than 35.00% of the Issue shall be available for allocation on a proportionate basis to Retail Individual Bidders, subject to valid Bids being received at or above the Issue Price.

The Issue received 5929 applications for 10089200 equity shares resulting in 2.32 times subscription. The details of the applications (including ASBA applications) received in the Issue from Qualified Institutional Buyers, Non-Institutional and Retail Individual Investor are as detailed hereunder: (before technical rejections)

Sr.No.	Category	No. of Applications	No. of Equity Shares	No. of times subscription
A	Retail Individual Bidders	5907	7454900	4.90
B	Non Institutional Bidders	20	1909550	2.93
C	Qualified Institutional Bidders	2	724750	0.33
	Total	5929	10089200	2.32

Final Demand
The final demand at different bid prices is as under:

Bid Price (RS)	No. of Equity Shares	% to Total	Cumulative Total	Cumulative % to total
130.00	900	0.00	10196600	100
131.00	0	0.00	10195700	99.99
132.00	250	0.00	10195700	99.99
133.00	100	0.00	10195450	99.99
134.00	50	0.00	10195350	99.99
135.00	150	0.00	10195300	99.99
136.00	50	0.00	10195150	99.99
138.00	3299250	0.76	10195100	99.99
9999.00	6895850	1.59	6895850	67.63
TOTAL	10196600	2.35

The Basis of Allocation was finalized in consultation with the Designated Stock Exchange, being Bombay Stock Exchange Limited ("BSE") on September 29,2011.

A. Allocation to Retail Individual Investors (Including Applications Supported by Blocked Amount "ASBA") (After Technical Rejections)

The Basis of Allotment to the Retail Individual Investors, who have bid at cut-off or at the Issue Price of Rs 138/- per Equity Share, was finalized in consultation with BSE. The category was subscribed 2.92 times after considering spill over. As per the Prospectus, the spill over portion from QIB Category was 10,14,414 equity shares. The total number of equity shares allotted in this category is 25,36,153 Equity Shares to 5772 successful applicants. The category-wise details (sample) of the Basis of Allotment are as under:

Category	Number of Applications	% to Total	Total Number of Equity Shares applied	% to Total	Number of Equity Shares allotted	Ratio	Total Number of Equity Shares allotted
50	120	2.05	6000	0.08	50	27:79	2050
100	35	0.60	3500	0.05	50	24:35	1200
150	39	0.67	5850	0.08	51	Firm	1989
200	28	0.48	5600	0.08	68	Firm	1904
250	14	0.24	3500	0.05	85	Firm	1190
300	8	0.14	2400	0.03	102	Firm	816
350	20	0.34	7000	0.09	120	Firm	2400
400	4	0.07	1600	0.02	137	Firm	548
500	3	0.05	1500	0.02	171	Firm	513
550	4	0.07	2200	0.03	188	Firm	752
600	4	0.07	2400	0.03	205	Firm	820
650	1	0.02	650	0.01	222	Firm	222
700	606	10.34	424200	5.71	239	Firm	144834
750	4	0.07	3000	0.04	256	Firm	1024
800	2	0.03	1600	0.02	273	Firm	546
850	1	0.02	850	0.01	290	Firm	290
900	2	0.03	1800	0.02	307	Firm	614
1000	3	0.05	3000	0.04	342	Firm	1026
1050	1	0.02	1050	0.01	359	Firm	359
1100	2	0.03	2200	0.03	376	Firm	752
1200	2	0.03	2400	0.03	410	Firm	820
1250	1	0.02	1250	0.02	427	Firm	427
1300	4	0.07	5200	0.07	444	Firm	1776
1350	2	0.03	2700	0.04	461	Firm	922
1400	4952	84.48	6932800	93.38	478	Firm	2367056
1400	Additonal				1	5:19	1303
	5862	100	7424250				2536153

B. Allocation to Non Institutional Investors (After Technical Rejections)
The basis of allotment to Non Institutional Investors, who have bid at the Issue Price of Rs.138/- per Equity Share, was finalized in consultation with BSE. The category was subscribed 1.756 times after considering spill-over from QIB Category. As per the Prospectus, the spill over portion from QIB Category was 4,34,749 equity shares. The total number of equity shares allotted in this category is 1086923 to 20 successful applicants. All the applicants in this category have been given firm allotment. The category-wise details of the Basis of Allotment are as under:

Category	Number of Applications	% to Total	Total Number of Equity Shares applied	% to Total	Number of Equity Shares allotted	Ratio	Total Number of Equity Shares allotted
1450	2	10.00	2900	0.15	1651	Firm	1650
1500	3	15.00	4500	0.24	2560	Firm	2562
7200	2	10.00	14400	0.75	8197	Firm	8196
8000	1	5.00	8000	0.42	4554	Firm	4554
71000	1	5.00	71000	3.72	40414	Firm	40414
144200	3	15.00	432600	22.65	246237	Firm	246237
144900	1	5.00	144900	7.59	82478	Firm	82478
144950	2	10.00	289900	15.18	165012	Firm	165012
181000	4	20.00	724000	37.91	412104	Firm	412104
217350	1	5.00	217350	11.38	123716	Firm	123716
	20	100.00	1909550				1086923

C. Allocation to QIBs
2 Valid applications for 724750 shares were received against 2173913 equity shares reserved for this category resulting in subscription of 0.33 times. Under the QIB portion 5% was reserved for Mutual Funds. As no Mutual Funds applications were received in the issue, the entire Mutual Fund is allocated to all the other QIB's. However due to under subscription in the said category, full and firm allotment have been made in the QIB category. The under subscribed 1449163 shares from QIB category have been spilled over to Retail and Non Institutional category in the ratio of 70:30.

Category	Flls	Total
No.of Shares	724750	724750

The Board of Directors of the Company at it's Meeting held on September 29,2011 has taken on record the basis of allocation of shares approved by the Designated Stock Exchange viz., Bombay Stock Exchange Limited ("BSE"), Mumbai, and has authorized the Corporate Action for the transfer of the shares to various successful applicants.

Refunds have been made through NECS, Direct Credit and NEFT, into the Bank Accounts of the applicants, as registered with the depositories. For other applicants Refund Orders have been dispatched to their address as registered with the depositories. In case the same is not received within ten working days, investors may contact at the address given below. The Refund Orders have been over printed with the Bank Account details as registered, if any, with the depositories. The Equity Shares allotted to successful applicants have been credited to their beneficiary accounts subject to validation of the account details with the depositories concerned.

Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectus dated September 27,2011 ("Prospectus")

INVESTORS PLEASE NOTE
This details of the allocation made would be hosted on the website of Registrars to the Issue, Bigshare Services Private Limited at Website: www.bigshareonline.com

All future correspondence in this regard may kindly be addressed to the Registrars to the offer quoting full name of the First/ Sole applicant, serial number of the bid-cum-application form, number of shares bid for, name of the Member of the Syndicate, Place where the bid was submitted and payment details at the address given below:

BIGSHARE SERVICES PRIVATE LIMITED
E-2 & 3, Ansa Industrial Estate, Saki-Vihar Road, Sakinaka, Andheri (E), Mumbai - 400 072. Tel No.: +91 22 40430200, Fax No.: +91 22 2847 5207, E-mail: ipo@bigshareonline.com, Website: www.bigshareonline.com
Contact Person: Mr. Babu Raphael, SEBI Registration Number: INR000001385

Date : September 29,2011

For Prakash Constrowell Limited
on behalf of Board of Directors
Sd/-
Managing Director