Anu Laboratories IPO Basis of Allotment

Anu's Laboratories Limited
(The Company was incorporated on February 20, 1996 as Anu's Laboratories Limited)
Registered Office: A-49, Madhura Nagar, Vengalrao Nagar, Hyderabad - 500 038.
Tel.: +91 40 2374 1677; Fax: +91 40 2374 1678; Website: www.anulabs.com, E-mail: ipo@anulabs.com,
Contact Person: Mr. S. Naresh Kumar, Compliance Officer and Company Secretary, Mobile No.: 09849491456

BASIS OF ALLOCATION

PUBLIC ISSUE OF 38,20,000 EQUITY SHARES OF RS. 10/- EACH AT A PRICE OF RS. 210 PER EQUITY SHAfiE FOR CASH AGGREGATING RS. 8022 LAKHS (HEREINAFTER REFERRED TO AS THE 'ISSUE'), INCLUDING EMPLOYEE RESERVATION OF 2,00,000 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH AT A PRICE OF RS. 210 PER EQUITY SHARE FOR CASH AGGREGATING RS. 420 LAKHS (HEREINAFTER REFERRED TO AS THE 'EMPLOYEE RESERVATION PORTION'). THE ISSUE LESS THE EMPLOYEE RESERVATION PORTION SHALL BE 36,20,000 EQUITY SHARES OF RS. 10/- EACH (HEREINAFTER REFERRED TO AS THE 'NET ISSUE TO THE PUBLIC'). THE ISSUE WILL CONSTITUTE 31.63% OF THE POST ISSUE PAID-UP CAPITAL OF OUR COMPANY.

THE FACE VALUE PER EQUITY SHARE IS RS.10/-. THE ISSUE PRICE PER EQUITY SHARE IS RS. 210/- AND IS 21 TIMES THE FACE VALUE.

This Issue was made through a 100% Book Building Process wherein not more than 50% of the Net Issue was made available for allocation on a proportionate basis to Qualified Institutional Buyers ('QIBs'). 5% of the QIB Portion was made available for allocation on a proportionate basis to Mutual Funds only. Further, not less than 15% of the Net Issue to Public was made available for allocation on a proportionate basis to Non Institutional Bidders and not less than 35% of the Net Issue was made available for allocation on a proportionate basis to Retail Individual Bidders, subject to valid Bids being received at or above the Issue Price. Further upto 200000 equity shares were made available for allocation on a proportionate basis to the employees, subject to valid Bids being received at or above the Issue Price.
The Issue received 40,040 applications for 3,08,60,955 equity shares resulting in 8.07 times subscription. The details of the applications received in the Issue from Qualified Institutional Buyers, Non-Institutional Investors, Retail Individual Investor and Employee categories are as under: (Before technical rejections)

Final Demand
A sample of the final demand at different bid prices is as under:

The Basis of Allocation was finalized in consultation with the Bombay Stock Exchange Limited ('BSE') on May 26, 2008.

A. Allocation to Employees (After Technical Rejections)
The Basis of Allocation to the Employees, who have bid at cut-off or at the Issue Price of Rs.210/- per Equity Share, was finalized in consultation with BSE. The category was subscribed to the extent of 1.000050 times. The total number of shares allotted in this category is 200000 Equity Shares to 43 successful applicants. The category-wise details of the Basis of Allocation (Sample) are as under:

B. Allocation to retail individual investors (After Technical Rejections)
The Basis of Allocation to the Retail Individual Investors, who have bid at cut-off or at the Issue Price of Rs.210/- per Equity Share, was finalized in consultation with BSE. This category has been subscribed to the extent of 9.316740 times. The total number of shares allotted in this category is 12,67,000 Equity Shares to 29,187 successful applicants. The category-wise details of the Basis of Allocation (sample) are as under:

C. Allocation to Non Institutional Investors (After Technical Rejections)
The Basis of Allocation to the Non Institutional Investors, who have bid at the Issue Price of Rs.210/- per Equity Share, was finalized in consultation with BSE. This category has been subscribed to the extent of 24.264033 times. The total number of shares allotted in this category is 5,43,000 Equity Shares to 177 successful applicants. The category-wise details of the Basis of Allocation (sample) are as under:

D. Allocation to QIBs
Allocation to QIBs has been done on a proportionate basis in consultation with BSE. As per the SEBI guidelines, Mutual Funds were initially allotted 5% of the quantum of shares available (90,500 equity shares) and other QIBs and unsatisfied demands of Mutual Funds were allotted the remaining available shares (17,19,500 equity shares) on proportionate basis.

The Board of Directors of the company at it's Meeting held at Hyderabad on May 27, 2008 has approved the basis of allocation of shares of the Issue and has allotted the shares to various successful applicants.
The CAN/Refund Orders and allotment advice have been dispatched to the address of the investors as registered with the depositories by May 28, 2008. In case the same is not received within ten days, investors may contact at the address given below. The Refund Orders have been over-printed with the Bank Mandate details as registered, if any, with the depositories. The shares allocated to successful applicants have been credited to their beneficiary accounts subject to validation of the account details with the depositories concerned by May 28, 2008. The listing application has been filed with Bombay Stock Exchange on May 28, 2008 and the company is taking steps to get the equity shares admitted for trading on the Bombay Stock Exchange Limited within seven working days from the date of approval of the basis of allocation.

INVESTORS PLEASE NOTE:
These details of the allocation made would be hosted on the website of Registrars to the Issue, Karvy Computershare Private Limited at http://kcpl.karvy.com
All future correspondence in this regard may kindly be addressed to the Registrars to the issue quoting full name of the First/ Sole applicant, Serial number of the bid-cum-application form, number of shares bid for, name of the Member of the Syndicate and Place where the bid was submitted and payment details at the address given below:

Karvy Computershare Private Limited
Unit: Anu's IPO, Karvy House, 46, Avenue 4, Street No. 1, Banjara Hills, Hyderabad - 500 034. Tel.: +91 -40 23420818,
Fax: +91-4023420814, Email: einward.ris@karvy.com, website: www.kcpl.karvy.com Contact Person: Mr.M.Murali Krishna

TOLL FREE - HELPLINE NUMBER : 1 -800-3454001

THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE EQUITY SHARE ON LISTING OR THE BUSINESS PROSPECTS OF ANU'S LABORATORIES LIMITED.