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March 28, 2018 - April 5, 2018

S.S. Infrastructure IPO Basis of Allotment

S.S. INFRASTRUCTURE DEVELOPMENT CONSULTANTS LIMITED

Our company was originally incorporated as 'S.S. Infrastructure Development Consultants Private Limited' as a Private Limited Company under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated June 8, 2007 bearing Corporate Identity Number U45400AP2007PTC054360 issued by the Registrar of Companies, Andhra Pradesh. Subsequently, our company was converted in to a Public Limited Company pursuant to shareholders resolution passed at Extra-ordinary General Meeting of our Company held on November 25, 2017 and the name of our Company was changed to S.S. Infrastructure Development Consultants Limited vide a fresh certificate of incorporation consequent upon conversion of Private Limited Company to Public Limited Company dated December 12, 2017was issued by Registrar of Companies, Hyderabad. The Corporate Identification Number of our Company is U45400TG2007PLC054360. 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 55 and 129 of the Prospectus.

Registered Office: Flat No. 15, Jabbar Building, Begumpet, Hyderabad, Telangana - 500 016, India. Tel. No.: +91 040 66310224; Fax No.: +91 040 66310223; E-mail: info@ssidcon.org; Website: www.ssidcon.org Corporate Identification Number: U45400TG2007PLC054360; Contact Person: Payal Jain, Company Secretary and Compliance Officer

PROMOTERS OF OUR COMPANY: SATYANARAYANA SUNDARA & SESHAGIRI RAO PALLE

BASIS OF ALLOTMENT

Our Company has registered the Prospectus with the Registrar of Companies, Hyderabad and the Equity Shares are proposed to be listed on the EMERGE Platform of National Stock Exchange of India Limited ('NSE') and the trading is expected to commence on or before April 13, 2018.

INITIAL PUBLIC OFFER CONSISTING OF FRESH ISSUE OF 42,78,000 EQUITYSHARES OF FACE VALUE OF RS 10/- EACH FULLY PAID FOR CASH AT A PRICE OF RS 40/- PER EQUITY SHARE (THE 'ISSUE PRICE') (INCLUDING A SHARE PREMIUM OF RS 30/-PER EQUITY SHARE) AGGREGATING TO RS 1711.20 LAKHS (THE 'ISSUE'), OF WHICH 2,22,000 EQUITY SHARES OF FACE VALUE OF RS 10/- EACH FOR CASH AT A PRICE OF RS 30/- PER EQUITY SHARE, AGGREGATING RS 88.80 LAKHS WAS RESERVED FOR SUBSCRIPTION BY THE MARKET MAKERS TO THE ISSUE (THE 'MARKET MAKERS RESERVATION PORTION'). THE ISSUE LESS MARKET MAKERS RESERVATION PORTION I.E. ISSUE OF 40,56,000 EQUITY SHARES OF FACE VALUE OF RS 10/-EACH FOR CASH AT A PRICE OF RS 40/-PER EQUITY SHARE, AGGREGATING RS 1622.40 LAKHS IS HEREINAFTER REFERRED TO AS THE 'NET ISSUE'. THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 30.19% AND 28.62% RESPECTIVELY OF THE FULLY DILUTED POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY.

In terms of Rule 19(2(b(i) of the Securities Contracts (Regulation Rules, 1957, as amended (the 'SCRR' the Issue was made for at least 25% of the post-Issue paid-up Equity Share capital of our Company. The Issue was made through the Book Building Process, in accordance with chapter XB of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended the ('SEBI ICDR Regulations') wherein 35.06% of the Net Issue was allocated on a proportionate basis to Qualified Institutional Buyers ('QIBs') (the'QIB Category'), 5% of the QIB Category was available for allocation on a proportionate basis to Mutual Funds only and the remainder was available for allocation ona proportionate basis to QIBs including Mutual Funds, subject to valid Bids being received from them at or above the Issue Price. Further, 29.44% of the Net Issue was available for allocation on a proportionate basis to Non-Institutional Investors and 35.50% of the Net Issue was available for allocation to Retail Individual Investors, in accordance with the SEBI ICDR Regulations, subject to valid Bids being received at or above the Issue Price.

Risks to Investors:

I. This being the first public Issue of our Company, there has been no formal market for the Equity Shares. The face value of the Equity Shares is Rs 10/-each. The Floor Price is 3.7 times the face value and the Cap Price is 4.0 times the face value. The Issue Price (determined and justified by our Company in consultation with the BRLM as stated in 'Basis for Issue Price' on page 92 should not be taken to be indicative of the market price of the Equity Shares after the Equity Shares are listed. No assurance can be given regarding an active or sustained trading in the Equity Shares or regarding the price at which the Equity Shares will be traded after listing.

II. As on date of the Red Herring Prospectus, the average cost of acquisition per Equity Share by our Promoters viz. Satyanarayana Sundara is Rs 0.01/-and Seshagiri Rao Palle is Rs 0.01/-.

ISSUE PRICE : RS 40/- PER EQUITY SHARE

THE FACE VALUE OF EQUITY SHARES IS RS 10/- EACH AND ISSUE PRICE OF RS 40/- IS 4.0 TIMES OF THE FACE VALUE OF EQUITY SHARES
ISSUE OPENED ON: WEDNESDAY MARCH 28, 2018 | ISSUE CLOSED ON: THURSDAY APRIL 05, 2018

The Equity Shares offered through the Prospectus are proposed to be listed on the EMERGE PLATFORM OF NATIONAL STOCK EXCHANGE OF INDIA LIMITED ('NSE'). In terms of the Chapter XB of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended, Our Company has received an In-Principle approval letter dated March 13, 2018 from NSE for using its name in the Prospectus for listing of our equity shares on the SME Platfom of NSE. For the purpose of this Issue, the designated Stock Exchange will be National Stock Exchange of India Limited.

SUBSCRIPTION DETAILS

The Issue has received 5110applications for 45441000 Equity shares (Before Technical Rejections but after bids not banked, invalid duplicate and invalid multiple bids) including Market Maker Application of 2,22,000 Equity Shares. The issue was subscribed to the extent of 10.62 times as per the application data (Before Technical Rejections but after bids not banked, invalid duplicate and invalid multiple bids). After considering the technical rejections cases, the issue was subscribed 10.52 times.

Details of Application Received (Before Technical Rejections but after bids not banked, invalid duplicate and invalid multiple bids):

CATEGORY NUMBER OF
APPLICATIONS
NUMBER OF
EQUITY SHARES
SUBSCRIPTION
Market Makers 2 2,22,000 1.00
Non-Institutional Investors 138 2,80,86,000 23.52
Retail Individual Investors 4964 15120000 10.50
Qualified Institutional Buyers 6 2013000 1.42
TOTAL 5110 45441000 10.62

Final Demand:

SrNo Bid Price No of Equity Shares Bid for % to total Cumulative total % of Cumulative total
1 37.00 48000 0.10 48,000 0.10%
2 38.00 - - 48,000 0.10%
3 39.00 - - 48,000 0.10%
4 40.00 41274000 87.87 4,13,22,000 87.97%
5 CUT-OFF 5649000 12.03 4,69,71,000 100%
Total 4,69,71,000 100.00 4,69,71,000 100%

ALLOCATION: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange- National Stock Exchange of India Limited onApril 10, 2018.

A. Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the issue price of Rs 40/- per Equity Share, was finalized in consultation with the NSE. The category was subscribed by 1 times. The total number of shares allotted in this category is 2,22,000 Equity shares in full out of reserved portion of 2,22,000 Equity Shares.

Category No. of
Applications
received
% of
Total
Total No
of Equity
Shares appled
% of
Total
No. of
Equity Shares
Alloted per
applicant
Ratio Total No.of
Equity Shares
Allotted
2,22,000 2 100.00 2,22,000 100.00 2,22,000 1:1 2,22,000

B. Allocation to QIBs (After Technical Rejections): Allotment to QIBs, who have bid atthe Issue price of Rs 40/- per equity share, has been done on a proportionate basis in consultation with the NSE. This category has been subscnbed to the extent of 1.42 times of the QIB Portion. As per SEBI Regulations, Mutual funds were to be allotted 5% of the QIB portion available i.e. 71,100 equity shares. Accordingly, 69,000 equity shares were allotted after rounding off the lot size and remaining shares available i.e. 13,53,000 equity shares were allotted to QIBs including unsatisfied demand in Mutual Fund Portion on a proportionate basis to 6 successful QIB Bidders.

Category FIS/BANKS Fll FPC MFS AIF NBFC ICS TOTAL
QIB - 627000 - 348000 447000 - 1422000

C. Allocation to Retail Individual Investors (After Technical Rejections): The Basis ofAllotment to the Retail Individual Investors, at the issue price of Rs 40/-per Equity Share, was finalized in consultation with the NSE.The category was subscribed by 10.20 times. Total number of shares allotted in this category is 14,40,000 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
Applicants
Total No.of
Equity Shares
allotted
Surplus/
Deficit
3,000 4897 100 14691000 100 1440000 294.06 3000 5:51 1440000 0

D. Allocation to Non Retail Investors (After Technical Rejection): The Basis of Allotment to other than Retail Individual Investors, at the issue price of Rs 40/- per Equity Share, was finalized in consultation with the NSE. The category was subscribed by 23.51 times. Total number of shares allotted in this category is 11,94,000 Equity Shares. The category wise basis of allotmentis 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
Applicants
Total No.of
Equity Shares
allotted
Surplus/
Deficit
6000 24 17.65 144000 0.51 6124 255.18 3000 1:12 6000 -124
9000 2 1.47 18000 0.06 766 382.77 3000 0:2 0 -766
12000 11 8.09 132000 0.47 5614 510.37 3000 2:11 6000 386
15000 7 5.15 105000 0.37 4466 637.96 3000 2:7 6000 1534
18000 3 2.21 54000 0.19 2297 765.55 3000 1:3 3000 703
21000 3 2.21 63000 0.22 2679 893.14 3000 1:3 3000 321
24000 5 3.68 120000 0.43 5104 1020.73 3000 2:5 6000 896
27000 1 0.74 27000 0.10 1148 1148.32 3000 0:1 0 -1148
30000 3 2.21 90000 0.32 3828 1275.91 3000 1:3 3000 -828
33000 1 0.74 33000 0.12 1404 1403.51 3000 1:1 3000 1596
39000 1 0.74 39000 0.14 1659 1658.69 3000 1:1 3000 1341
42000 1 0.74 42000 0.15 1786 1786.28 3000 1:1 3000 1214
45000 1 0.74 45000 0.16 1914 1913.87 3000 1:1 3000 1086
48000 3 2.21 144000 0.51 6124 2041.46 3000 2:3 6000 -124
51000 2 1.47 102000 0.36 4338 2169.05 3000 1:2 3000 -1338
54000 1 0.74 54000 0.19 2297 2296.64 3000 1:1 3000 703
60000 1 0.74 60000 0.21 2552 2551.83 3000 1:1 3000 448
63000 3 2.21 189000 0.67 8038 2679.42 3000 1:1 9000 962
66000 1 0.74 66000 0.24 2807 2807.01 3000 1:1 3000 193
69000 1 0.74 69000 0.25 2935 2934.60 3000 1:1 3000 65
72000 1 0.74 72000 0.26 3062 3062.19 3000 1:1 3000 -62
75000 3 2.21 225000 0.80 9569 3189.78 3000 1:1 9000 -569
78000 1 0.74 78000 0.28 3317 3317.38 3000 1:1 3000 -317
81000 1 0.74 81000 0.29 3445 3444.97 3000 1:1 3000 -445
84000 2 1.47 168000 0.60 7145 3572.56 3000 1:1 6000 -1145
87000 1 0.74 87000 0.31 3700 3700.15 3000 1:1 3000 -700
90000 1 0.74 90000 0.32 3828 3827.74 3000 1:1 3000 -828
93000 1 0.74 93000 0.33 3955 3955.33 3000 1:1 3000 -955
99000 3 2.21 297000 1.06 12632 4210.52 3000 1:1 9000 -3632
99000 3000 1:3 3000 3000
102000 1 0.74 102000 0.36 4338 4338.11 3000 1:1 3000 -1338
105000 1 0.74 105000 0.37 4466 4465.70 6000 1:1 6000 1534
108000 1 0.74 108000 0.38 4593 4593.29 6000 1:1 6000 1407
111000 2 1.47 222000 0.79 9442 4720.88 3000 1:1 6000 -3442
111000 3000 1:2 3000 3000
114000 1 0.74 114000 0.41 4848 4848.47 6000 1:1 6000 1152
120000 2 1.47 240000 0.85 10207 5103.65 3000 1:1 6000 -4207
120000 3000 1:2 3000 3000
126000 3 2.21 378000 1.35 16077 5358.84 3000 1:1 9000 -7077
126000 3000 2:3 6000 6000
153000 1 0.74 153000 0.54 6507 6507.16 6000 1:1 6000 -507
180000 1 0.74 180000 0.64 7655 7655.48 9000 1:1 9000 1345
183000 1 0.74 183000 0.65 7783 7783.07 9000 1:1 9000 1217
195000 1 0.74 195000 0.69 8293 8293.44 9000 1:1 9000 707
225000 1 0.74 225000 0.80 9569 9569.35 9000 1:1 9000 -569
231000 1 0.74 231000 0.82 9825 9824.54 9000 1:1 9000 -825
234000 1 0.74 234000 0.83 9952 9952.13 9000 1:1 9000 -952
249000 4 2.94 996000 3.55 42360 10590.08 9000 1:1 36000 -6360
249000 3000 1:2 6000 6000
264000 1 0.74 264000 0.94 11228 11228.04 12000 1:1 12000 772
300000 1 0.74 300000 1.07 12759 12759.14 12000 1:1 12000 -759
336000 1 0.74 336000 1.20 14290 14290.23 15000 1:1 15000 710
375000 1 0.74 375000 1.34 15949 15948.92 15000 1:1 15000 -949
495000 1 0.74 495000 1.76 21053 21052.58 21000 1:1 21000 -53
624000 5 3.68 3120000 11.11 132695 26539.00 24000 1:1 120000 -12695
624000 3000 4:5 12000 12000
750000 9 6.62 6750000 24.04 287081 31897.84 30000 1:1 270000 -17081
750000 3000 2:3 18000 18000
1248000 3 2.21 3744000 13.34 159234 53078.01 51000 1:1 153000 -6234
1248000 3000 2:3 6000 6000
1740000 1 0.74 1740000 6.20 74003 74002.99 75000 1:1 75000 997
1998000 1 0.74 1998000 7.12 84976 84975.85 84000 1:1 84000 -976
2499000 1 0.74 2499000 8.90 106284 106283.61 105000 1:1 105000 -1284

Please note: Additional Lot of 3000 Shares given in applied shares category of   99000, 111000, 120000, 126000, 249000, 624000, 750000 and 1248000 Equity Shares after proportionate allocation of Equity Shares.

The Board of Directors of the Company at its meeting held on April 11, 2018 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, Further, the instructions to SCSBs shall be issued on April 11, 2018, 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 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 April 13, 2018 subject to receipt of listing and trading approvals from the 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 Bank Branch 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 - 400059, 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: Babu Rapheal; SEBI Registration Number: INR000001385

Place : Hyderabad
Date : April 11, 2018
For S.S. Infrastructure Development Consultants Limited
On behalf of the Board of Directors
Sd/-
Satyanarayana Sundara
Chairman & Managing Director

S.S. Infrastructure IPO Basis of Allotment FAQs

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

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

Visit the S.S. Infrastructure IPO allotment status page to check the number of shares allocated to your application.

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