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June 18, 2020 - June 22, 2020

Billwin Industries IPO Basis of Allotment

Our Company was originally incorporated as Billwin Waterproof Private Limited on February 05, 2014 at Mumbai, Maharashtra as a private limited company under the Companies Act, 1956 with the Registrar of Companies, Maharashtra, Mumbai. Pursuant to a special resolution passed by the shareholders of the Company at the Extraordinary General Meeting held on June 05, 2019, our Company's name was changed to Billwin Industries Private Limited. A fresh certificate of incorporation consequent upon change of name was issued on July 09, 2019 by the Registrar of Companies, Mumbai, Subsequently our Company was converted into Public Limited Company pursuant to Shareholders resolution passed at the Extraordinary General Meeting of our Company held on January 06, 2020 and the name of our Company was changed to 'Billwin Industries Limited' and a Fresh Certificate of Incorporation consequent upon conversion of Company to Public Limited dated January 28, 2020 was issued by Registrar of Companies, Mumbai.

Registered Office: 79, Vishal Industrial Estate Village Road, Bhandup West, Mumbai - 400 078, Maharashtra, India
Tel: +91 -22-2566 8112; E-mail: info@billwmindustnes.com; Website: www.billwinindustries.com
Contact Person: Ms. Payal Ankit Doshi, Company Secretary and Compliance Officer
PROMOTERS OF OUR COMPANY: MR. SUBRATA DEY & MRS. SMITA SUBRATA DEY
BASIS OF ALLOTMENT

PUBLIC ISSUE OF 6,66,000 EQUITY SHARES OF FACE VALUE OF Rs. 10.00 EACH OF BILLWIN INDUSTRIES LIMITED (THE 'COMPANY' OR THE 'ISSUER') FOR CASH AT A PRICE OF Rs.37.00 PER EQUITY SHARE INCLUDING A SHARE PREMIUM OF Rs. 27.00 PER EQUITY SHARE (THE 'ISSUE PRICE') AGGREGATING TO Rs. 246.42 LAKH ('THE ISSUE'), OF WHICH 36,000 EQUITY SHARES OF FACE VALUE OF Rs. 10.00 EACH FOR CASH AT A PRICE OF Rs. 37.00 PER EQUITY SHARE INCLUDING A SHARE PREMIUM OF Rs. 27.00 PER EQUITY SHARE AGGREGATING TO Rs. 13.32 LAKH 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 6,30,000 EQUITY SHARES OF FACE VALUE OF Rs. 10.00 EACH AT A PRICE OF Rs. 37.00 PER EQUITY SHARE INCLUDING A SHARE PREMIUM OF Rs. 27.00 PER EQUITY SHARE AGGREGATING TO Rs. 233.10 LAKH ARE HEREIN AFTER REFERRED TO AS THE 'NET ISSUE'. THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 31.26% AND 29.57% RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY.

THE FACE VALUE OF THE EQUITY SHARES IS Rs. 10.00 EACH AND THE ISSUE PRICE IS Rs. 37.00 EACH. THE ISSUE PRICE IS 3.7 TIMES

ISSUE PERIOD ISSUE OPENED ON: THURSDAY, JUNE 18, 2020
ISSUE CLOSED ON: MONDAY, JUNE 22, 2020

The Equity Shares of the Company are proposed to be listed on the SME Platform of BSE Limited, in terms of the Chapter IX of the SEBI (ICDR) Regulations, 2018 as amended from time to time. Our Company has received an In-Principle approval mail having ref no. LO/SME IPO/RB/IP/07/2020-21 dated May 22, 2020 from BSE Limited BSE Limited shall be the Designated Stock Exchange for the purpose of this Issue. The trading is proposed to be commenced on or before June 30, 2020 (Subject to receipt of listing and trading approvals from the BSE Limited).

The Issue is being made through the Fixed Price process, the allocation in the Net Issue to the Public category shall be made pursuant to Regulation 253(2) of the SEBI (ICDR) Regulations, 2018, as amended from time to time, wherein a minimum of 50% of the Net Issue of shares to the Public shall initially be made available for allotment to Retail Individual Investors. The balance of Net Issue of Shares lo the public shall be made available for allotment to Individual Applicants other than Retail Individual Investors and other Investors, including Corporate Bodies / Institutions irrespective of number of shares applied for. If the Retail Individual Investor category is entitled to more than 50% on proportionate basis, they shall be allotted that higher percentage. Under subscription, if any, in any of the categories, would be allowed to be met with spill-over from any of the other categories or a combination of categories at the discretion of our Company in consultation with the Lead Manager and the Designation Stock Exchange. Such inter-se spill over if any, would be affected in accordance with applicable laws, rules, regulations and guidelines. All Investors shall participate in the Issue only through APPLICATIONS SUPPORTED BY BLOCKED AMOUNT ('ASBA') process including through UPI mode (as applicable) by providing the details of their respective bank accounts in which the corresponding application amounts were blocked by Self Certified Syndicate Banks (the 'SCSBs').

SUBSCRIPTION DETAILS

The Issue has received 109 applications for 8,61,000 Equity Shares (before technical rejections Invalid Bids Multiple/ Duplicate and Bids not banked) including Market Making application of 36,000 Equity Shares. The Issue was subscribed to the extent of 1.29 times as per the bid book received from BSE Limited. After considering invalid bids, bids not banked and technical rejection cases from the Bid book, the Issue was subscribed by 1.10 times including Market Making reservation portion The details of the applications received in the issue (before technical rejections but after Invalid Bids Multiple/ Duplicate and Bids not banked) are as follows:

Detail of the Applications Received:

Category No. of Applications % of Total No. of Equity Shares % of Total
Market Makers 1 0.97 36,000 4.53
Retail Individual Applicant 61 59 22 1,83,000 23.02
Other than Retail Individual Applicant 41 39.81 5,76,000 72.45
TOTAL 103 100.00 7,95,000 100.00

Summary of Valid Applications

Category Gross Less: Rejections Valid
No. of Applications Equity Shares No. of Applications Equity Shares No. of Applications Equity Shares
Market Maker 1 36,000 - - 1 36,000
Retail Individual Applicant 61 1,83,000 1 3,000 60 1,80,000
Other than Retail Individual Applicant 41 5,76,000 7 60,000 34 5,16,000
TOTAL 103 7,95,000 6 63,000 95 7,32,000

The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - BSE Limited on June 25, 2020

A) Allocation to Market Maker (After Technical Rejections & Withdrawals): The Basis of Allotment to the Market Maker, at the Issue Price of Rs. 37.00 per Equity Share, was finalized in consultation with BSE Limited. The category was subscribed by 1.00 times. The total number of shares allotted in this category is 36,000 Equity Shares. The category-wise details of the Basis of Allotment are as under:

No. of Shares applied for (Category wise) No, of Applications Receives % to total Total No. of Shares Applied in Each Category % of total Allocation per Applicant (Before Rounding Off) Allocation per Applicant (After Rounding Off) Ratio of Allottees to the Applicant Total No. of Shares Allotted No. of Shares Surplus/ Deficit
36,000 1 100.00 36,000 100.00 36,000 36,000 1:1 36,000 0
Total 1 100.00 36,000 100.00 36,000 0

B) Allocation to Retail Individual Investors (After Technical Rejections & Withdrawals): The Basis of Allotment to the Retail Individual Investors, at the Issue Price of Rs. 37 00 per Equity Share, was finalized in consultation with BSE Limited. Pursuant to Regulation 253(2) of the SEBI (ICDR) Regulations, 2018, the total number of shares allocated in this category is 1,80,000 Equity Shares The category was subscribed by 0.57 times. The category-wise details of the Basis of Allotment are as under:

No. of Shares applied (or (Category wise) No. of Applications Receives % to total Total No. of Shares Applied in each category %of total Allocation per Applicant (Before Rounding OH) Allocation per Applicant (Alter Rounding Off) Ratio of Allottees to the Applicant Total No. of Shares Allotted No. of Shares Surplus/ Deficit
3,000 60 100.00 1,80,000 100.00 3,000 3,000 1:1 1,80,000 0
Total 60 100.00 1,80,000 100.00 1,80,000 0

C) Allocation to other than Retails Category (Alter Technical Rejections & Withdrawals): The Basis of Allotment to the Non - Retail Investors, at the Issue Price of Rs.37.00 per Equity Share, was finalized in consultation with BSE Limited. Pursuant to Regulation 253(2) of the SEBI (ICDR) Regulations, 2018, the total number of shares allocated in this category is 4,50,000 Equity Shares. The category was subscribed by 1.64 times. The category-wise details of the Basis of Allotment are as under:

No. of Shares applied for (Category wise) No. of Applications Receives % to total Total No. of Shares Applied In each category %0l total Allocation per Applicant (Before Rounding Off) Allocation per Applicant (After Rounding Off) Ratio of Allottees to the Applicant Total No. of Shares Allotted No. of Shares Surplus/ Deficit
6,000 16 47.06 96,000 18.60 5232.56 3.000 1:1 48,000 -35.721
3.000 3:4 36,000 36,000
9,000 7 20.59 63,000 12.21 7848.86 6,000 1:1 42,000 -12,942
3.000 4:7 12,000 12.000
12,000 2 5.88 24,000 4.65 10465 9.000 1:1 18,000 •2.930
3.000 1:2 3,000 3.000
15,000 1 2.94 15,000 291 13081 12.000 1:1 12,000 -1.081
18,000 3 8,82 54,000 10.47 15697.67 15.000 1:1 45,000 -2,093
3.000 1:3 3,000 3,000
21,000 2 5.88 42,000 814 18314 18,000 1:1 36,000 -628
54,000 1 2.94 54,000 10.47 47093 48.000 1:1 48,000 907
66,000 1 2.94 66,000 12.79 57558 57.000 1:1 57,000 -558
1,02,000 1 2.94 1,02,000 19.77 88953 90.000 1:1 90,000 1.046
Total 34 100.00 5,16,000 100.00 4,50,000 0

The Board of Directors of the Company at its meeting held on June 26, 2020, has taken on record the Basis of Allotment of Equity Shares, as approved by the Designated Stock Exchange viz. BSE Limited and has authorized the corporate action for the allotment of the Equity Shares to various successful applicants.

The CAN and allotment advice and / or notices shall be dispatched to the address of the investors as registered with the depositories on or before June 26, 2020. Further, the instructions to Self-Certified Syndicate Banks will be processed on or before June 26, 2020 for unblocking of funds. The Equity Shares allotted 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 SME Platform of BSE Limited within 6 working days from the Closure of the Issue. The trading is proposed to be commenced on or before June 30, 2020 subject to receipt of listing and trading approvals from BSE Limited.

Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectus dated June 10, 2020 ('Prospectus').

INVESTORS PLEASE NOTE

The details of the allotment made has been hosted on the website of the Registrar to the issue, Bigshare Services Private Limited at Website: www.bigshareonline.com

LEAD MANAGER TO THE ISSUE REGISTRAR TO THE ISSUE COMPANY SECRETARY AND COMPLIANCE OFFICER
wpe1E.jpg (1570 bytes) wpe1F.jpg (1088 bytes) wpe20.jpg (1483 bytes)
GRETEX CORPORATE SERVICES PRIVATE LIMITED BIGSHARE SERVICES PRIVATE LIMITED BILLWIN INDUSTRIES LIMITED
CIN: U74999MH2008PTC288128 CIN: U99999MH1994PTC076534 Ms. Payal Ankit Dosrhi
Office No. 13, 1st Floor, New Bansilal Building, Raja 1st Floor, Bharat Tin Works Building, Opp. Vasant 79, Vishl Industrial Estate Village Road, Bhandup
Bahadur Mansion, 9-15, Homl Modi Street, Fort, Oasis, Makwana Road, Marol, Andheri East, West, Mumbai 400 078, Maharashtra, India
Mumbai - 400 001, Maharashtra Mumbai - 400 059 Tel: +91 - 22 - 2566 8112;
Tel. No.: +91 - 022 - 4002 5273/ 8583904539 Tel. No: +91 - 22 - 6263 8200; Fax No: +91 -22 - 6263 8299 E-mail: info@billwinindustries.com;
Fax No.: NA Email: ipo@bigshareonline.com; Website: www.billwinindustries.com
Email: info@gretexgroup.com Website: www.bigshareonline.com All future correspondence in this regard may kindly be addressed to the Registrar to the Issue quoting lull 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 given.
Website: www.gretexcorporate.com Investor Grievance Email:
SEBI Registration No. INM000012177 investor@bigshareonline.com
Contact Person: Ms Amina Khan SEBI Registration No.: INR000001385
Contact Person: Mr. Arvind Tandel
For Billwin Industries Limited
On behalf of the Board of Directors
Sd/-
Mr. Subrata Dey
Place: Mumbai Managing Director
Date: June 26, 2020 DIN:06747042

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 BILLWIN INDUSTRIES LIMITED.

BILLWIN INDUSTRIESLIMITED is proposing, subject to applicable statutory and regulatory requirements, receipt of requisite approvals, market conditions and other considerations, to make a Public Issue of its Equity Shares and has filed the Prospectus with the Registrar of Companies, Mumbai. The Prospectus is available on the website of SEBI at www.sebi.gov.in, the website of the Lead Manager at www.gretexcorporate.com the website of the BSE Limited i.e. www.bsesme.com, and website of the Issuer Company www.billwinindustries.com. Investors should note that investment in Equity Shares involves a high degree of risk. For details investors should refer to and rely on the Prospectus including the section titled 'Risk Factors' beginning on page 18 of the Prospectus, which has been filed with ROC.

The Equity Shares have not been and will not be registered under the US Securities Act (the 'Securities Act') or any state securities law in United States and may not be Issued or sold within the United Stales or to, or for the account or benefit of, 'U.S. persons' (as defined in the Regulations under the Securities Act), except pursuant to an exemption from, or in a transaction not subject to the registration requirements of the Securities Act of 1933.

Billwin Industries IPO Basis of Allotment FAQs

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

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

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