Manpasand Beverages IPO Basis of Allotment

MANPASAND BEVERAGES LIMITED

Our Company was originally formed as a partnership firm under the Partnership Act 1932 in the name of Manpasand Agro Food, pursuant to a deed of partnership dated January 4 ,2010. The name of the partnership firm was changed to 'Manpasand Beverages' pursuant to an agreement modifying the partnership deed dated July 17, 2010 Manpasand Beverages was thereafter converted from a partnership firm to a public limited company under Part IX of the Companies Act. 1956 with the name of 'Manpasand Beverages Limited' and received a certificate of  incorporation from the Registrar of Companies. Gujarat. Dadra and Nagar Havelli on December 17, 2010. The certificate of commencement of business was granted by the Registrar af Companies. Gujarat, Dadra and nagar Havelli an January 4, 2011 - Our Company was subsequently converted in to a private limited company with the name 'Manpasand Beverages Private Linnled' and a fresh certificate of incorporation consequents Conversion to private limited company was granted by the Registrar of Companies, Gujarat, Dadra end Nager Havelli on August 5, 2011. Subsequently, our Company was converted into a public limited company with the name 'Manpgaand Beverages Limited' and a fresh certificate of incorporation was granted by the Registrarof Companies, Ahmedabad on October 7 2014. There has been no change in the Registered Office of our Company since incorporation.

Registered Office and Corporate Office: E-62, Manjusar GIDC, Savli Road, Vadodara - 391 775, Gujarat.
Telephone: +91 2667 264 663/264 733/290 290; Facsimile: +91 2667 264 660 Contact Person: Mr. Bhavesh Jingar, Company Secretary and Compliance Officer: Telephone: +91 2667 264 733; Facsimile: +91 2667 264 660
E-mail: complianceofficer@manpasand.co.in Website: www.manpasand.co.in CIN: U15549GJ2010PLC063283

BASIS OF ALLOTMENT

The Equity Shares arc proposed to bo listed on BSE Limited ('BSE') and National Stock Exchange af India Limited ('NSE') and the trading will commence on or about July 09, 2016.

PUBLIC ISSUE OF 12,500,000 EQUITY SHARES OF FACE VALUE OF RS 10 EACH ('EQUITY SHARES') OF MANPASAND BEVERAGES LIMITED (OUR 'COMPANY' OR THE 'ISSUER') FOR CASH AT A PRICE OF RS 320* PER EQUITY SHARE INCLUDING A SHARE PREMIUM OF RS 310 PER EQUITY SHARE, AGGREGATING RS 4,000 MILLION (THE 'ISSUE'). THE ISSUE SHALL CONSTITUTE 24,97% OF THE FULLY DILUTED POST-ISSUE PAID UP CAPITAL OF OUR COMPANY

* Anchor Investor Allocation Price is Rs.320 per Equity Share

This Issue was made pursuant to Rule 19{2)(b)(ii) of the Securities Contracts Regulation Rules, 1967, as amended ('SCRR'). for 12,5000 Equity Shares aggregating Rs. 4,000 million. The Issue was made through the Book Building Process in compliance with the provisions of Regulation 26(2} of the Securities and Exchange Board of India (Issue of capital and Disclosure Requirements) Regulations, 2009, as amended, ('SEBI Regulations'), wherein at least 75% of the Issue was allotted on a proportionate basis to Qualified institutional buyers ('QIBs'). Our Company, in consulation with the BRLMs, has allocated 60% of the QIB portion to Anchor Investors at the Anchor Investor Allocation Price, on a discretionary basis. The remainder of the QIB Portion was available for allocation on a proportionate basis to QIBs. subjects valid Bids being received from them ator above the issue Price. 245678 Equity Shares representing 5% of the QIB portion was available for allocation on a proportionate basis to Mutual Funds only, and the remainder of the QIB portion was available for allocation on a proportionate basis to all QIBs. including Mutual Funds, subject to valid Bids being received at or above the Issue Price. Further, not more than 15% of the Issue was available for allocation on a proportionate basis to Non institutional Bidders and not more than 10% of the Issue was available for allocation to Retail Individual Bidders, subject to valid Bids being received from them at or above the Issue Price.

All potential investors, other than Anchor Investors, were required to participate in the Issue through an Application Supported by Blocked Amount ('ASBA') process providing details of the bank account which will be blocked by the Self Certified Syndicate Banks ('SCSBs'). QIBs (except Anchor Investors) and Non-insiituiionat Bidders were mandatorily required to utilize the ASBA process to participate in the Issue. For details. please see the section 'Issue Procedure' at page 231 of the Prospectus.

The Issue received 21,448 applications for 17,079,700 Equity Shares (prior to technical rejections) resulting in 1.3664 times subscription as diclosed in prospectus. The details of the applications received in the Issue from Retail Individual Bidders. Nun-Institutional Bidders, QIBs excluding Anchor Investors and Anchor Investors are as under {before technical rejections).