Bothra Metals and Alloys IPO Basis of Allotment

BOTHRA METALS & ALLOYS LIMITED

Our Company was incorporated as 'Bothra Metals & Alloys Private Limited' under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated November 9,2001 bearing Registration No. 133926, in Mumbai, Maharashtra. Subsequently, our Company was converted into a public limited company vide fresh Certificate of Incorporation dated August 24, 2010 and consequently the name of our Company was changed to 'Bothra Metals & Alloys Limited'. The Corporate Identification Number of our Company is U27100MH2001PLC133926. For further details see section titled 'History and Certain Other Corporate Matters' beginning on page 127 of the Prospectus.

Registered Office: Bothra House, Room No.15, 3rd Floor, 5, Assembly Lane, Dadi Seth Agyari Lane,
Kalbadevi, Mumbai - 400 002, Maharashtra, India.
Tel No.: +91 22 67472762; Fax No.: +91 22 67472763;
E-mail: bmal_2001@bothrametals.com; Website: www.bothrametals.com
Contact Person: Mr. Abhishek Pareek, Compliance Officer

Promoters of the Company: MR. SUNDERLAL BOTHRA, MR. NARENDRAKUMAR BOTHRA,
MR. KISHANLAL BOTHRA & MR. SARDARMAL SUTHAR

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 48,84,000 EQUITY SHARES OF FACE VALUE OF RS. 10 EACH FULLY PAID OF BOTHRA METALS & ALLOYS LIMITED ('BMAL' OR THE 'COMPANY' OR THE 'ISSUER') FOR CASH AT A PRICE OF RS. 25 PER EQUITY SHARE (THE 'ISSUE PRICE') (INCLUDING A SHARE PREMIUM OF RS. 15 PER EQUITY SHARE) AGGREGATING RS. 1221 LAKHS (THE 'ISSUE'), CONSISTING OF A FRESH ISSUE OF 25,92,000 EQUITY SHARES BY THE COMPANY FOR CASH AGGREGATING RS. 648 LAKHS ('FRESH ISSUE') AND AN OFFER FOR SALE OF 22,92,000 EQUITY SHARES BY SELLING SHAREHOLDERS (AS DEFINED IN THIS PROSPECTUS ) AGGREGATING RS. 573 LAKHS ('OFFER FOR SALE') AT THE ISSUE PRICE, OF WHICH 2,52,000 EQUITY SHARES OF FACE VALUE OF RS. 10 EACH WILL BE RESERVED FOR SUBCRIPTION BY MARKET MAKER TO THE ISSUE (AS DEFINED IN THIS PROSPECTUS) (THE 'MARKET MAKER RESERVATION PORTION'). THE ISSUE LESS THE MARKET MAKER RESERVATION PORTION I. E. ISSUE OF 46,32,000 EQUITY SHARES OF FACE VALUE OF RS. 10 EACH IS HEREINAFTER REFERRED TO AS THE 'NET ISSUE'. THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 26.38% AND 25.02%, RESPECTIVELY OF THE POST ISSUE PAID UP CAPITAL OF THE COMPANY.

This being a Fixed Price Issue and in terms of Prospectus dated 27th February, 2013, and as per Regulation 43 (4) of SEBI (ICDR) Regulations, 2009 wherein a minimum of 50 % of the Net Offer of Shares to the Public shall initially be made available for allotment 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. 25/- THE ISSUE PRICE IS 2.50 TIMES OF THE FACE VALUE. ISSUE OPENED ON 12TH MARCH, 2013 AND CLOSED ON 14TH MARCH, 2013.

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 14th February, 2013 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 161 applications for 52,98,000 Equity Shares (Including Market Maker Application for 2,52,000 Equity Shares) resulting 1.085 times subscription. After considering, cheque return cases of 7 applications of 42,000 Equity Shares, the Issue was subscribed 1.076 times. The details of the applications received in the Issue (before technical rejections) are as follows:

Detail of the Applications Received (Before Technical Rejection):

CATEGORY	NO. OF APPLICATIONS	NO. OF EQUITY SHARES	SUBSCRIPTION
Market Maker	1	2,52,000	1.0
Other than Retail Individual Investors	18	41,94,000	1.81
Retail Individual Investors	135	8,10,000	0.35
TOTAL	154	52,56,000	1.08

The details of applications rejected by the Registrar on technical grounds are detailed below:

CATEGORY	NO. OF APPLICATIONS	NO. OF EQUITY SHARES
Market Maker	NIL	NIL
Other then Retail Individual Investors	NIL	NIL
Retail Individual Investors	2	12,000
Total	2	12,000

Details of the applications received (After technical rejections):

CATEGORY	NO. OF APPLICATIONS	NO. OF EQUITY SHARES	SUBSCRIPTION
Market Maker	1	2,52,000	1.0
Other then Retail Individual Investors	18	4,194,000	1.094
Retail Individual Investors	133	7,98,000	0.34
Total	152	52,44,000	1.07

ALLOCATION: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - BSE Limited on 20th march, 2013.

A. Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the issue price of Rs. 25/- per Equity Share, was finalised in consultation with BSE. The category was subscribed by 1.00 times. The total number of shares allotted in this category is 2,52,000 Equity

B. Allocation to Retail Individual Investors (After Technical Rejections): The Basis of Allotment to the Retail Individual Investors, at the issue price of Rs. 25/- per Equity Share, was finalized in consultation with BSE. The category was subscribed by 0.34 times. Total number of shares allotted in this category is 7,98,000 Equity Shares

C. The category wise basis of allotment is as under:

No. of Shares Applied for (Category wise)	No. Of Appli- cations Received	% 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)
6000	133	100	798000	100	798000	6000	6000	1:1	798000	0
TOTAL	133	100	798000	100	798000	6000	6000	1:1	798000	0

D. Allocation to Non Retail Investors (After Technical Rejections): The Basis of Allotment to the Non Retail Investors, at the issue price of Rs. 25/- per Equity Share, was finalized in consultation with BSE. The category was subscribed by 1.094 times. Total number of shares allotted in this category is 38,40,000 Equity Shares including additional 6000 Equity Shares for the purpose of rounding off to the nearest multiple of 6,000 Equity Shares (Lot Size). The category wise basis of allotment is as under:

No. Of Shares Applied for (Category wise)	No. Of Applications Received	% 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)
12,000	7	38.89	84000	2	76789.70	10969.96	12,000	1:1	84000	-7210
48,000	1	5.56	48000	1.14	43879.83	43879.83	42,000	1:1	42,000	1880
144,000	1	5.56	144,000	3.43	131639.48	131639.48	132,000	1:1	132,000	-361
342,000	1	5.56	342,000	8.15	312643.78	312643.78	312,000	1:1	312,000	644
372,000	1	5.56	372,000	8.87	340068.67	340068.67	342,000	1:1	342,000	-1931
378,000	1	5.56	378,000	9.01	345553.65	345553.65	348,000	1:1	348,000	-2446
384,000	1	5.56	384,000	9.16	351038.63	351038.63	354,000	1:1	354,000	-2961
396,000	1	5.56	396,000	9.14	362008.58	362008.58	360,000	1:1	360,000	2009
402,000	1	5.56	402,000	9.59	367493.56	367493.56	366,000	1:1	366,000	1494
408,000	1	5.56	408,000	9.73	372978.54	372978.54	372,000	1:1	372,000	979
420,000	1	5.56	420,000	10.01	383948.50	383948.50	384,000	1:1	384,000	-52
816,000	1	5.56	816,000	19.46	745957.08	745957.08	744,000	1:1	744,000	1957
TOTAL	18	100	41,94,000	100.00	3834000.00				3840000	-6000

The Issue has been authorized by the shareholders of the Company pursuant to a special resolution dated 11th January, 2013 under section 81 (1 A) of the Companies Act. The Board of Directors of the Company vide its resolution dated 20th March, 2013 has accorded their consent to increase/ alter/vary the issue size due to rounding off /oversubscription/ under subscription etc.

The Board of Directors of the Company vide its resolution dated 20th March, 2013 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 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 on 21 st March, 2013. Further, the instructions to Self Certified Syndicate Banks have been dispatched on or priorto 21 st March, 2013. 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 25th March, 2013 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, Sharex Dyanamic (India) Private Limited at www.sharexindia.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:

SHAREX DYNAMIC (INDIA) PRIVATE LIMITED
Unit No. 1, Luthra Industrial Premises, Andheri Kuria Road,
Safed Pool, Andheri (E), Mumbai - 400 072.
Tel No.: +91 22 2851 5606/5644/6388 Fax No.: +91 22 2851 2885

Place : Mumbai Date : 20th March, 2013	For BOTHRA METALS & ALLOYS LIMITED Sd/- Sunderlal Bothra Managing Director

Bothra Metals and Alloys IPO Basis of Allotment FAQs

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

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

Visit the Bothra Metals and Alloys IPO allotment status page to check the number of shares allocated to your application.

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