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May 8, 2018 - May 14, 2018

U H Zaveri IPO Basis of Allotment

U. H. ZAVERI LIMITED

Corporate Identification Number: U74999GJ2017PLC098848

Our Company was originally incorporated as U. H. Zaveri Private Limited on August 28,2017 under the Companies Act, 2013 vide certificate of incorporation issued by the Registrar of Companies, Gujarat, Dadra and Nagar Havelli. Subsequently. Our Company was converted in to a public limited company and consequently name was changed to 'U. H. Zaveri Limited' (UHZL) vide fresh certificate of incorporation dated September 13. 2017 issued by Registrar of Companies. Gujarat, Dadra and Nagar Havelli. For details of the changes in our name and registered office, please refer to the chapter filed 'History and Certain Corporate Matters' beginning on page no. 86 of the Prospectus.

Registered Office: GF/2, Manish Complex. Indrajit Tenaments, Opp. Diamond Mill Nikol Road, Ahmedabad-382350. Gujarat. India;
Tel. No.: +91 79 22703991, 22703992: Email: uhzl.Compliance@gmail.com; Website: www.uhzaveri.com:
Contact Person: Mr. Dhaval P.Patel. Company Secretary & Compliance Officer

PROMOTER OF THE COMPANY: MR. HITESH M. SHAH, MR. MAHENDRAKUMAR H. SHAH AND MRS. SUNITABEN H. SHAH

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 22,20,000 EQUITY SHARES. OF FACE VALUE OF RS 10 EACH ('EQUITY SHARES') OF U. H. ZAVERI LIMITED
('OUR COMPANY' OF 'THE ISSUER') FOR CASH AT A  PRICE RS 36 PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF
RS 26 PER EQUITY SHAPE) | 'ISSUE PRICE') AGGREGATING TO RS 799. 20 LAKHS ('THE ISSUE'). OF WHICH 1,14,000 Equity SHARES OF FACE VALUE OF RS 10 EACH FOR A CASH PRICE OF RS 36 PER EQUITY SHARE, AGGREGATING TO RS 41.04 LAKHS WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER ('MARKET MAKER RESERVATION PORTION'). THE ISSUE LESS THE MARKET MAKER RESERVATION PORTION I.E. ISSUE OF 21,06,000 EQUITY SHAHES OF FACE VALUE OF RS 10 EACH AT AN ISSUE PRICE OF RS 36 PER EQUITY SHARE AGGREGATING TO RS 758.16 LAKHS (IS HEREINAFTER REFERRED TO AS THE 'NET ISSUE'). THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 36.30% AND 34.43%, RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY.

THIS ISSUE IS BEING MADE IN TERMS OF CHAPTER XB OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS! REGULATIONS. 2009(THE 'SEBI ICDR REGULATIONS'), AS AMENDED.

THE FACE VALUE OF THE EQUITY SHARES IS RS 10.00 EACH AND
THE ISSUE PRICE OF RS 36.00 IS 3.6 TIMES OF THE FACE VALUE.

ISSUE

OPENS ON : TUESDAY; MAY 08, 2018
CLOSES ON : MONDAY; MAY 14, 2018

PROPOSED LISTING : TUESDAY, MAY 22, 2018

The Equity Shares offered through this Prospectus are proposed to be listed on the SME Platform of BSE Limited ('BSE').In terms of the Chapter X-B of the SEBI (ICDR) Regulations. 2009, as amended from time to time, our Company has received in approval letter dated April 12, 2018 From BSE Limited (the 'BSE'] far using its name in the offer document for listing of our shares on the SME Platform of BSE. For the purpose of the Issue, the designated Stock Exchange will be SME Platform of the 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').

SUBSCRIPTON DETAILS

The issue has received 741 applications for 2,847,000,Equity Shares resulting in 1.2824 times subscription (including reserved portion of market maker).The details of tbe applications received in the issue (before technical rejections) are as lollows:
Detail of the Applications Received (Before Technical Rejection):

Category Number of
Application (s)
% to
Total
Number of
Equity Shares
% to
Total
Subscription
(Times)
Market Makers 1 0.14 114,000 4.00 1.00
Other than Retail and Individual Investors 13 1.75 552,000 19.39 0.52
Retail Individual Investors 727 98.11 2,181,000 76. 61 2.07
Total 741 100.00 2,847,000 100.00 1.28

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

Category No. of
Applications
No. of
Equity Shares
Market Makers 0 0
Retail Individual Investors 7 21.000
Other than Retail Individual Investors 1 6.000
TOTAL 8 27,000

After eliminating technically rejected applications, the fallowing tables give us category wise net valid applications:

Category Number of Applications % to Tatal Issue Size(as
per Prospectus)
Proportionate
Issue Size (After rounding off)
No. of Valid Shares applied % of Total Applied Subscription (Times) Revised *
Subscription (Times)
Market Maker 1 0.14 114,000 114,000 114,000 4.04 1.00 1.000000
Other than Retail individual
Investor's
12 1.64 1,053,000 423,000 546,000 19.35 0.518519 1.290780
Retail Individual Investor's 720 98.23 1,053,000 1,683,300 2,160,000 76.60 2.051282 1.283422
Total 733 100.00 2,220,000 2,220,000 2,820,000 100.00 1.270270 1.270270

Allocation: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - BSE Limited on May 17, 2018.
A. Allocation to Market Maker (After Technical Rejections & Withdrawal): The Basis of Allotment to the Market Maker, at the issue price of Rs 36 per Equity Share, was finalised in consultation with BSE Limited. The category was subscribed by 1.00 times. The total number of shares allotted in this category is 114.000 Equity shares.
The Category-wise details at the Basis of Allotment are as under:

No.of
Shares
Applied for
(Category
wise)
No.of
Appli
cations
received
% to
Total
Total No. of
Equity Shares
applied
In each
Category
% to
Total
Proporti
nate
Shares
Available
Allocation
per Applicant
(Before
Rounding off)
Allocation
per Applicant
(After
Rounding off)
Ratio of
Allottees
toAppli
cants:
Ratio 1
Ratio of
Allottees
to Appli
cants:
Ratio 2
Number of
Successful
applicant
(after
rounding off)
Total No
of Shares
allocated/
allotted
No. of
Shares
Surplus/
Deficit
114,000 1 100 114,000 100 114,000 114.000 114,000 1:1 - 1 114,000 0

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 36 per Equity Share, was finalized in consultation with BSE Limited. The category was subscribed by 1.283422 times i.e. for 2,160,000 Equity Shares. Total number of shares allotted in this category is 1,683,000 Equity Shares to 561 successful applicants.
The category wise details of the Basis of Allotment are as under:

No.of
Shares
Applied for
(Category
wise)
No.of
Appli
cations
received
% to
Total
Total No. of
Equity Shares
applied
In each
Category
% to
Total
Proporti
nate
Shares
Available
Allocation
per Applicant
(Before
Rounding off)
Allocation
per Applicant
(After
Rounding off)
Ratio of
Allottees
toAppli
cants:
Ratio 1
Ratio of
Allottees
to Appli
cants:
Ratio 2
Number of
Successful
applicant
(after
rounding off)
Total No
of Shares
allocated/
allotted
No. of
Shares
Surplus/
Deficit
3,000 720 100.00 2,160,000 100.00 1,683,000 2,337.50 3,000 187 240 561 1,683,000 0

C. Allocation to Other than Retail Individual investors (After Technical Rejections a Withdrawal): The Basis of Allotment to Other than Retail Individual Investors, at the issue price of Rs: 36 per Equity Share, was finalized in consultation with BSE Limited. The category was subscribed by 1.290780 times i e. for 546,000 shares. The total number of shares allotted in this category is 423,000 Equity Shares to 12 successful applicants.
The category wise details of the Basis of Allotment are as under:

No.of
Shares
Applied for
(Category
wise)
No.of
Appli
cations
received
% to
Total
Total No. of
Equity Shares
applied
In each
Category
% to
Total
Proporti
nate
Shares
Available
Allocation
per Applicant
(Before
Rounding off)
Allocation
per Applicant
(After
Rounding off)
Ratio of
Allottees
to Appli
cants:
Ratio 1
Ratio of
Allottees
to Appli
cants:
Ratio 2
Number of
Successful
applicant
(after
rounding off)
Total No
of Shares
allocated/
allotted
No. of
Shares
Surplus/
Deficit
6,000 1 8.33 6,000 1.10 4,648 4648.35 6000 1 1 1 6,000 -1,352
9,000 1 8.33 9,000 1.65 6,973 6972.53 6000 1 1 1 6,000 973
12,000 1 8.33 12,000 2.20 9,297 9296.70 9000 1 1 1 9,000 297
18,000 2 16.67 36,000 6.59 27,890 13945.05 12000 1 1 2 24,000 3,890
3000 1 2 1 3,000 -3,000
27,000 1 8.33 27,000 4.95 20,918 20917.58 21000 1 1 1 21,000 -82
30,000 2 16.67 60,000 10.99 46,484 23241.76 21000 1 1 2 42,000 4,484
3000 1 2 1 3,000 -3,000
42,000 1 8.33 42,000 7.69 32,538 32538.46 33000 1 1 1 33,000 -462
96,000 1 8.33 96,000 17.58 74,374 74373.63 75000 1 1 1 75,000 -626
108,000 1 8.33 108,000 19.78 83,670 83670.33 84000 1 1 1 84,000 -330
150,000 1 8.33 150,000 27.47 116,209 116203.79 117000 1 1 1 117,000 -791
TOTAL 12 100.00 546,000 100.00 423,000 12 423,000 0

The Board of Directors of the Company at its meeting held on May 17.2018 has approved the Basis of Allocation of Equity Shares as approved by the Designated Stock Exchange viz, BSE Ltd. at a meeting held on May 17, 2018 and has authorised the corporate action for the transfer and allotment of the Equity Shares to various successful applicants.

The CAN-com-Refund advices and allotment advice and/or notices will be forwarded to the address of the Applicants as registered with the depositories / as filled in the application form on or before May 18,2018. Further, the instructions to Sell Certified Syndicate Banks for unblocking the amount will be processed on or before May 18. 2018. 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 Limited within six working days from the date of the closure of the issue. Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectus dated May 02.2018 ('Prospectus').

INVESTORS PLEASE NOTE

The details of the allotment made would also be hosted on the website of the Registrar to me Issuer. Karvy Computershare Private Limited) at www.karisma.karvy.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:

KARVY COMPUTERSHARE PRIVATE LIMITED
Karvy Selenium Tower B, Plot 31 - 32, Gachibowli, Finacial District,
Nanakramguda, Hyderabad-500032. Telangana, India
Tel No: +91 40-6716 2222 | Fax No:+9l 402343 1551 | E-mail: einward.ris@karvy.com
Investor Grievance Email; uhzaveri.ipo@karvy.com | Website: www.karisma.karvy,com
SEBI Registration No: INR000000221 | Contact Person: Mr. M. Murali Krishna

Place : Ahmedabad

Date : May 17, 2018

For U. H. Zaveri Limited
On behalf of the Board of Directors
Sd/-
Hitesh M. Shah
Managing Director

U H Zaveri IPO Basis of Allotment FAQs

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

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

Visit the U H Zaveri 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 U H Zaveri IPO. Note that there is a separate rule for allotment in each investor category (i.e. Retail, Non-Institutional, Institutional, Employee).