Touchwood Entertainment IPO Basis of Allotment

TOUCHWOOD ENTERTAINMENT LIMITED

Our company was originally incorporated as a Private Limited Company in the name and style of 'Touchwood Entertainment Private Limited' under the provisions of Companies Act, 1956 vide certificate of incorporation dated August 01,1997. Subsequently the Company was converted into a public limited company pursuant to shareholders resolution passed at the Extra Ordinary General meeting of the Company held on March 8, 2003 and name of the Company consequent upon the said conversion was changed to 'Touchwood Entertainment Limited' vide fresh certificate of incorporation dated April 29, 2003. The Corporate Identity Number of our Company is U92199DL1997PLC088865.

Registered Office: 11A, 2nd & 3rd Floor, Aruna Asaf Ali Road, Opp, Fortis Hospital, Kishan Garh, Vasant Kunj, New Delhi -110070
Email: cs@touchwood.in; Website: www.touchwood.in;
Company Secretary and Compliance officer: Ms. Sonia Madnani; Telephone Number: 011-41326666/67/68/69

PUBLIC ISSUE OF 10,53,000 EQUITY SHARES OF FACE VALUE OF RS. 10 EACH OF TOUCHWOOD ENTERTAINMENT LIMITED ('TOUCHWOOD' OR THE 'COMPANY' OR THE 'ISSUER') FOR CASH AT A PRICE OF RS. 40 PER EQUITY SHARE INCLUDING A SHARE PREMIUM OF RS. 30 PER EQUITY SHARE (THE 'ISSUE PRICE') AGGREGATING TO RS. 421.20 LAKH ('THE ISSUE'), OF WHICH 54,000 EQUITY SHARES OF FACE VALUE OF RS. 10 EACH FOR CASH AT A PRICE OF RS. 40 PER EQUITY SHARE INCLUDING A SHARE PREMIUM OF RS. 30 PER EQUITY SHARE AGGREGATING TO RS. 21.60 LAKHS WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER TO THE ISSUE (THE 'MARKET MAKER RESERVATION PORTION'). THE ISSUE LESS THE MARKET MAKER RESERVATION PORTION I.E. NET ISSUE OF 9,99,000 EQUITY SHARES OF FACE VALUE OF RS. 10 EACH AT A PRICE OF RS. 40 PER EQUITY SHARE INCLUDING A SHARE PREMIUM OF RS. 30 PER EQUITY SHARE AGGREGATING TO RS. 399.60 LAKHS IS HEREINAFTER REFERRED TO AS THE 'NET ISSUE'. THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 25.86% AND 24.53% RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY.

In terms of Prospectus dated December 01, 2017 and as per Regulation 43 (4) of SEBI (ICDR) Regulations, 2009 wherein (a) minimum of 50 % of the Net Offer to Public shall be initially made available to Retail Individual Investors and (b) The balance net offer of shares to the public shall be made available for allotment to i) individual applicants other than retail individual investors and ii) other investors including corporate bodies or institutions, irrespective of number of specified securities applied for. c) The unsubscribed portion of the net to any one of the categories specified in (a) or (b) shall/may be made available for allocation to applicants in the 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 THE EQUITY SHARES IS RS. 10/- EACH AND THE ISSUE PRICE IS RS.40/- EACH INCLUDING A SHARE PREMIUM OF RS. 30/- PER EQUITY SHARE. THE ISSUE PRICE IS 4 TIMES OF THE FACE VALUE. ISSUE OPENED ON MONDAY, DECEMBER 11,2017 AND CLOSED ON WEDNESDAY, DECEMBER 13,2017.

The Equity Shares offered through the Prospectus are proposed to be listed on Emerge Platform of National Stock Exchange of India Limited ('NSE'). In terms of the Chapter XB of the SEBI (ICDR) Regulations, 2009, as amended from time to time, our Company has received In-Principle Approval Letter dated November 28, 2017 from NSE for using its name in this offer document for listing our shares on the Emerge Platform of NSE. For the purpose of this Issue, the designated Stock Exchange will be the NSE.

Details of Applications:
The Issue has received 986 applications (before Technical Rejections) for 49,14,000 Equity Shares (Including Market Maker Application of 54,000 Equity Shares) resulting 4.67 times subscription. The details of the applications received in the Issue (before technical rejections) are as follows:

Total 14 applications received in Retail Individual Investors Category for 42,000 Shares which were rejected on technical grounds. Further, there was no withdrawal of application in any of the category:

ALLOCATION: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange- National Stock Exchange of india limited on December 18, 2017.

A. Allocation to Market Maker (after Technical Rejections & withdrawal): The Basis of Allotment to the Market Maker, at the issue price of Rs.40/- per Equity Share, was finalized in consultation with NSE. The category was subscribed by 1.00 times. The total number of shares allotted in this category is 54,000 Equity share in full, out of reserved portion of 54,000 equity shares.

B. Allocation to Retail Individual Investors (After Technical Rejections & Withdrawal, if any): The Basis of Allotment to the Retail Individual Investors, at the issue price of Rs.40/- per Equity Share, was finalized in consultation with NSE. The category was subscribed by 4.84 times, total number of shares allotted in this category is 5,73,000 Equity Share as under:

C. Allocation to Non Retail Investors (After Technical Rejections & withdrawl): The Basis of Allotment to the Non Retail Investors, at the issue price of Rs. 40/- per Equity Share, was finalized in consultation with NSE. The category was subscribed by 4.80 times. Total number of shares allotted in this category is 4,26,000 Equity Shares. The category wise basis of allotment is as under:

Note: Additional lot of 3000 shares given in applied shares category of 24000, 36000, 48000, 75000 and 150000 equity shares after proportionate allocation

The Board of Directors of the Company at its meeting held on December 18, 2017 has taken on record of the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz. National Stock Exchange of India Limited and has authorized the corporate action for the transfer of the Equity Shares / dispatch of share certificates 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. Further, the instructions to Self Certified Syndicate Banks will be processed on or before December 20, 2017. 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 National Stock Exchange of India Limited within Six working days from the date of the closure of the Issue. The trading is proposed to be commenced on or before Thursday, December 21, 2017 subject to receipt of final listing and trading approvals from the National Stock Exchange of India

INVESTORS PLEASE NOTE

The details of the allotment made would also be hosted on the website of the Registrar to the Issue, Skyline Financial Services Private Limited at www.skylinerta.com .All future correspondence in this regard may kindly be addressed to the Registrar to the Issue quoting full name of the First/ Sole applicants, 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:

SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
Address :D-153 A, 1st Floor, Okhla Industrial Area, Phase-I, New Delhi-110020
Tel No.: +91-11-26812682, 64732681-88, Fax No: +91-11-26812683
Website: www.skylinerta.com Email id: virenr@skylinerta.com
Contact Person: Mr. Virender Rana
CIN: U74899DL1995PTC071324
SEBI Regn. No.: INR000003241