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December 16, 2014 - December 22, 2014

Amsons Apparels IPO Basis of Allotment

AMSONS APPARELS LIMITED

(CIN: U74899DL2003PLC122266)

Our Company was originally incorporated at New Delhi as 'Amsons Apparels Private Limited' on 16th September, 2003 under the provisions of the Companies Act, 1956. Our Company was converted in to a Public Limited Company and consequently the name was changed to 'Amsons Apparels Limited' vide fresh certificate of incorporation dated 14th November, 2013 issued by the Registrar of Companies, National Capital Territory of Delhi & Haryana. For further details in relation to the changes to the name of our Company, please refer to the section titled 'Our History and Corporate Structure' beginning on page 72 of the Prospectus.

Registered Office: No.116, First Floor, Hemkunt Chamber, 89, Nehru Place, New Delhi -110 019;
Tel: +91-11-3231 7247; Email: amsonsapparels@yahoo.com; Website: www.amsonsapparels.com
Contact Person & Compliance Officer: Mr. Sachin Verma, Company Secretary & Compliance Officer;
PROMOTERS OF THE COMPANY: MR. VINAY KUMAR & MALLYA REAL ESTATES PRIVATE LIMITED

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 32,50,000 EQUITY SHARES OF RS. 10/- EACH ('EQUITY SHARES') OF AMSONS APPARELS LIMITED ('AAL' OR THE 'COMPANY' OR THE 'ISSUER') FOR CASH AT A PRICE OF RS. 10/- PER SHARE (THE 'ISSUE PRICE'), AGGREGATING TO RS. 325.00 LACS ('THE ISSUE'), OF WHICH, 1,70,000 EQUITY SHARES OF RS. 10 EACH WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKERS TO THE ISSUE (THE 'MARKET MAKER RESERVATION PORTION'). THE ISSUE LESS THE MARKET MAKER RESERVATION PORTION i.e. ISSUE OF 30,80,000 EQUITY SHARES OF RS. 10 EACH IS HEREINAFTER REFERRED TO AS THE 'NET ISSUE'. THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 26.47% AND 25.09%, RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF THE COMPANY.

In terms of Prospectus dated 8th December, 2014 and as per Regulation 43 (4) of SEBI (ICDR) Regulations, 2009 wherein a minimum of 50 % of the Net Offer to Public shall be made available to shall be initially made available to Retail Individual Investors as the case may be. 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 THE EQUITY SHARES IS RS. 10/- EACH AND THE ISSUE PRICE IS RS. 10 EACH. THE ISSUE PRICE IS AT PAR OR 1.00 (ONE) TIME OF THE FACE VALUE. ISSUE OPENED ON 16th DECEMBER, 2014 AND CLOSED ON 22nd DECEMBER, 2014.

The Equity Shares 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, Company is not required to obtain an in-principle approval of the shares being offered in this Issue. However Company has received an approval letter dated 18th  November, 2014 from BSE for using its name in the offer document for listing of our Shares on the SME platform of BSE. The designated stock exchange is BSE Limited.

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 131 applications for 34,30,000 Equity Shares (Including Market Maker Application of 60,000 Equity Shares) resulting 1.055 times subscription. After considering, cheque return cases of 5 applications of 80,000 Equity Shares, the Issue was subscribed 1.031 times. The details of the applications received in the Issue (before technical rejections) are as follows:

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

CATEGORY NUMBER OF
APPLICATIONS
NUMBER OF
EQUITY SHARES
SUBSCRIPTION
Market Makers 1 1,70,000 1.000
Other than Retail Individual Investor's 6 16,00,000 1.039
Retail Individual Investor's 119 15,80,000 1.026
TOTAL 126 33,50,000 1.031

There were no applications rejected by the Registrar on technical grounds and no withdrawal of applications.

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

CATEGORY NUMBER OF
APPLICATIONS
NUMBER OF
EQUITY SHARES
SUBSCRIPTION
Market Makers 1 1,70,000 1.000
Other than Retail Individual Investor's 6 16,00,000 1.039
Retail Individual Investor's 119 15,80,000 1.026
TOTAL 126 33,50,000 1.031

ALLOCATION: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - BSE Limited on 31th December, 2014.

A. Allocation to Market Maker (After Technical Rejections & Withdrawal): The Basis of Allotment to the Market Maker, at the issue price of Rs. 10/- per Equity Share, was finalised in consultation with BSE. The category was subscribed by 1.00 time. The total number of shares allotted in this category is 1,70,000 Equity shares in full out of reserved portion of 1,70,000 Equity Shares.

B. Allocation to Non Retail Investors (After Technical Rejections & Withdrawal): The Basis of Allotment to the Non Retail Investors, at the issue price of Rs. 10/- per Equity Share, was finalized in consultation with BSE. The category was subscribed by 1.039 times. Total number of shares allotted in this category is 16,00,000 Equity Shares. The category wise basis of allotment is as under:

No. of Shares Applied for (Category wise) No. Of Appli cations %to total Total No.
of Equity Shares applied
% of 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)
50000 1 16.67 50000 3.13 48125 48125 50000 FIRM 50000 (1875)
200000 2 33.33 400000 25.00 385000 192500 190000 FIRM 380000 5000
250000 1 16.67 250000 15.63 240625 240625 240000 FIRM 240000 625
300000 1 16.67 300000 18.75 288750 288750 290000 FIRM 290000 (1250)
600000 1 16.67 600000 37.50 577500 577500 580000 FIRM 580000 (2500)
TOTAL 6 100 1600000 100 1540000 1540000 Nil

C. Allocation to Retail Individual Investors (After Technical Rejections & Withdrawal): The Basis of Allotment to the Retail Individual Investors, at the issue price of Rs. 10/- per Equity Share, was finalized in consultation with BSE. The category was subscribed by 1.026 times. Total number of shares allotted in this category is 15,80,000 Equity Shares. The category wise basis of allotment is as under:

No. of Shares Applied for (Category wise) No. Of Appli cations % to total Total No.
of Equity Shares applied
% of 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)
10000 80 67.23 800000 50.63 779747 9746.84 10000 FIRM 800000 (20253)
20000 39 32.77 780000 49.37 760253 19493.67 10000 FIRM 390000 370253
10000 35:39 350000 (350000)
TOTAL 119 100 1580000 100 1540000 1540000 Nil

The Board of Directors of the Company at its meeting held on 1st January, 2015 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz. BSE 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 on or before 2nd January, 2015. Further, the instructions to Self Certified Syndicate Banks being processed on or prior to 2nd January, 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 Limited within Twelve working days from the date of the closure of the Issue. The trading is proposed to be commenced on or before 6th January, 2015 subject to receipt of listing and trading approvals from BSE Limited.

INVESTORS PLEASE NOTE

The details of the allotment made would also be hosted on the website of the Registrar to the Issue, Beetal Financial & Services Private Limited at www.beetalfinancial.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:

Beetal Financial & Computer Services Private Limited
Beetal House, 3 rd Floor, 99 Madangir, Behind Local Shopping Centre,
Near Dada Harsukhdas Mandir, New Delhi -110 062
Tel: +91 -11 -29961281 -83;Fax: +91 -11 -29961284
E-mail: beetalrta@gmail.com; Website: www.beetalfinancial.com
SEBI Regn. No.: INR 000000262

Place: Delhi
Date : 01-01-2015
For AMSONS APPARELS LIMITED
Sd/-
Vinay Kumar
Whole-Time Director

Amsons Apparels IPO Basis of Allotment FAQs

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

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

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