September 30, 2015 - October 5, 2015

Patdiam Jewellery IPO Basis of Allotment

PATDIAM JEWELLERY LIMITED

Our Company was incorporated as 'Patdiam Jewellery Private Limited' in Mumbai under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated June 25,1999 bearing Registration No. 120537 issued by Registrar of Companies, Maharashtra, Mumbai. Subsequently our Company was converted into a public limited company vide fresh Certificate of Incorporation dated September 7,2015 and the name of our Company was changed to 'Patdiam Jewellery Limited'. The Corporate Identity Number of our Company is U36911MH1999PLC120537. For further details of incorporation, change of name and registered office of our Company, please refer to chapter titled 'General Information' and 'Our History and Certain Other Corporate Matters' beginning on page 59 and 156 respectively of the Prospectus.

Registered Office: Gala No. 102, Building No. 1, SEEPZ, Andheri (East), Mumbai- 400 096, Maharashtra
Tel.: +91 - 22 - 2829 3455; Fax: +91 - 22 - 2829 3459; E-mail: investors@patdiam.com; Website: www.patdiam.com;
Corporate Identity Number: U36911MH1999PLC120537; Contact Person: Mr. Tejas Doshi, Company Secretary and Compliance Officer
Promoters of Our Company: Mr. Samir Kakadia, Mr. Pravin Kakadia, Mr. Chhagan Navadia and Mr. Mahesh Navadia

PUBLIC ISSUE OF 13,17,000 EQUITY SHARES OF FACE VALUE OF RS. 10 EACH ('EQUITY SHARES') OF PATDIAM JEWELLERY LIMITED (THE 'COMPANY' OR THE 'ISSUER') FOR CASH AT A PRICE OF RS. 38 PER EQUITY SHARE, INCLUDING A SHARE PREMIUM OF RS. 28 PER EQUITY SHARE (THE 'ISSUE PRICE'), AGGREGATING RS. 500.46 LACS ('THE ISSUE'), OF WHICH 69,000 EQUITY SHARES OF FACE VALUE OF RS. 10 EACH FOR CASH AT A PRICE OF RS. 38 PER EQUITY SHARE, AGGREGATING RS. 26.22 LACS 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 12,48,000 EQUITY SHARES OF FACE VALUE OF RS. 10 EACH FOR CASH AT A PRICE OF RS. 38 PER EQUITY SHARE, AGGREGATING RS. 474.24 LACS IS HEREINAFTER REFERRED TO AS THE 'NET ISSUE'. THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 30.51 % AND 28.91 % RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY.

In terms of Prospectus dated September 23,2015 and as per Regulation 43(4) of SEBI (ICDR) Regulations, 2009 wherein a minimum of 50% of the Net Offer to Public shall initially be made available to Retail Individual Investors. 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 / institutions irrespective of no. of shares applied for. 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.

THE FACE VALUE OF EQUITY SHARES IS RS. 10 EACH. THE ISSUE PRICE IS RS. 38.00. THE ISSUE PRICE IS 3.8 TIMES OF THE FACE VALUE ISSUE OPENED ON SEPTEMBER 30, 2015 AND CLOSED ON OCTOBER 5,2015.

The Equity Shares of our Company offered through the Prospectus are proposed to be listed on the SME platform of BSE Limited ('BSE') in terms of the chapter XB of the SEBI (ICDR) Regulations, 2009 as amended from time to time. The Company is not required to obtain an in-principle approval for the shares being offered in this Issue. However, the Company has received an approval letter dated September 22,2015 from BSE for using its name in the Prospectus for listing of our Shares on BSE. The designated stock exchange is SME platform of BSE.

All Applicants were allowed to participate in the Issue through APPLICATION SUPPORTED BY BLOCKED AMOUNT ('ASBA') process by providing the details of the respective bank accounts in which the corresponding application amounts were blocked by Self Certified Syndicate Banks (the 'SCSBs').

SUBSCRIPTION DETAILS

The Issue has received 388 applications for 26,64,000 Equity shares (including Market Maker Application of 69,000 Equity Shares) (before technical rejections after cheque return) resulting in 2.02 times subscription. After considering, Cheque Return, Withdrawals, and Technical / Multiple Rejection cases, the issue was subscribed 1.99 times (including the Market Maker Portion).

The details of application received (Before Technical Rejection & withdrawal of application but after cheque returns)

CATEGORY NUMBER OF
APPLICATIONS NUMBER OF
EQUITY SHARES SUBSCRIPTION (Times)

Market Makers 1 69,000 1.00

Other than Retail Individual Investors 93 17,13,000 2.75

Retail Individual Investors 294 8,82,000 1.41

TOTAL 388 26,64,000 2.02

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

CATEGORY NUMBER OF
APPLICATIONS NUMBER OF
EQUITY SHARES

Market Makers 0 0

Other than Retail Individual Investors 3 18,000

Retail Individual Investors 7 21,000

TOTAL 10 39,000

Detail of the Applications Received (After Technical Rejection & withdrawal):

CATEGORY NUMBER OF
APPLICATIONS NUMBER OF
EQUITY SHARES SUBSCRIPTION
(Times)

Market Makers 1 69,000 1.00

Other than Retail Individual Investors 90 16,95,000 2.716

Retail Individual Investors 287 8,61,000 1.379

TOTAL 378 26,25,000 1.99

ALLOCATION: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - BSE on October 12,2015.

A. Allocation to Market Maker (After Technical Rejections & Withdrawal): The Basis of Allotment to the Market Maker, at the issue price of Rs. 38/- per Equity Share, was finalized in consultation with BSE. The category was subscribed by 1.00 times. The total number of shares allotted in this category is 69,000 Equity shares in full out of reserved portion of 69,000 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. 38/- per Equity Share, was finalized in consultation with BSE. The category was subscribed by 1.379 times. Total number of shares allotted in this category is 6,24,000 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 Allocation per Applicant (After Rounding Off) Ratio of Allottees to the Applicants Total No. of Equity Shares alloted Surplus/ (Deficit)

3,000 287 100.00 8,61,000 100.00 6,24,000 2,174.22 3,000 50:69 208 0

C. Allocation to Other than Retail Individual Investor (After Technical Rejection and Withdrawal): The Basis of Allotment to other than Retail Individual Investors, at the issue price of Rs 38/- per Equity Share, was finalized in consultation with BSE. The category was subscribed by 2.716 times. Total number of shares allotted in this category is 6,24,000 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)

6,000 33 36.67 1,98,000 11.68 72,892 2,208.85 3,000 29:33 87,000 14108

9,000 14 15.56 1,26,000 7.43 46,386 3,313.27 3,000 1:1 42,000 (4386)

12,000 10 11.11 1,20,000 7.08 44,177 4,417.70 3,000 1:1 30,000 (14177)

15,000 6 6.67 90,000 5.31 33,133 5,522.12 6,000 1:1 36,000 2867

18,000 1 1.11 18,000 1.06 6,627 6,626.55 6,000 1:1 6,000 (627)

21,000 1 1.11 21,000 1.24 7,731 7,730.97 9,000 1:1 9,000 1269

24,000 1 1.11 24,000 1.42 8,835 8,835.40 9,000 1:1 9,000 165

33,000 5 5.56 1,65,000 9.73 60,743 12,148.67 12,000 1:1 60,000 (743)

36,000 4 4.44 1,44,000 8.50 53,012 13,253.10 12,000 1:1 48,000 (5012)

39,000 7 7.78 2,73,000 16.11 1,00,504 14,357.52 15,000 1:1 1,05,000 4496

42,000 1 1.11 42,000 2.48 15,462 15,461.95 15,000 1:1 15,000 (462)

48,000 4 4.44 1,92,000 11.33 70,683 17,670.80 18,000 1:1 72,000 1317

66,000 1 1.11 66,000 3.89 24,297 24,297.35 24,000 1:1 24,000 (297)

81,000 1 1.11 81,000 4.78 29,819 29,819.47 30,000 1:1 30,000 181

1,35,000 1 1.11 1,35,000 7.96 49,699 49,699.12 51,000 1:1 51,000 1301

Grand Total 100 16,95,000 100 6,24,000 6,24,000 0

The Board of Directors of the Company at its meeting held on October 13,2015 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz. BSE and authorized corporate action for allotment of shares in dematerialized form 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 October 14,2015. Further, the instructions to SCSBs are being processed on October 13,2015. 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 BSE within Twelve working days from the date of the closure of the Issue. The trading is proposed to commence on or before October 16,2015 subject to receipt of listing and trading approvals from BSE.

INVESTORS PLEASE NOTE

The details of the allotment made would also 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 Bank Branch where the application had been lodged and payment details at the address of the Registrar given below:

BIGSHARE SERVICES PRIVATE LIMITED

E/2, Ansa Industrial Estate, Sakivihar Road, Sakinaka, Andheri (East), Mumbai 400 072.
Tel.: +91-22-40430200; Fax: +91-22-28475207
Email: ipo@bigshareonline.com; Website: www.bigshareonline.com

Date: October 13,2015
Place: Mumbai, Maharashtra For Patdiam Jewellery Limited
On behalf of the Board of Directors
Sd/-
Samir Kakadia
Managing Director

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 PATDIAM JEWELLERY LIMITED.

Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectus.

Patdiam Jewellery IPO Basis of Allotment FAQs

Check the basis of allotment document above to know about how the shares are allocated in Patdiam Jewellery IPO. Note that there is a separate rule for allotment in each investor category (i.e. Retail, Non-Institutional, Institutional, Employee).

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

Visit the Patdiam Jewellery IPO allotment status page to check the number of shares allocated to your application.

Patdiam Jewellery IPO Basis of Allotment

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