Capacite Infra IPO Basis of Allotment

CAPACIT'E INFRAPROJECTS LIMITED

Our Company was originally incorporated as a private limited company at Mumbai under the name of 'Capacit'e Infraprojects Private Limited' under the Companies Act, 1956 and received a certificate of incorporation dated August 9,2012, issued by the Registrar of Companies, Maharashtra at Mumbai ('RoC'). Subsequently, upon conversion from a private limited company to a public limited company, the name of our Company was changed to 'Capacit'e Infraprojects Limited' and it received a fresh certificate of incorporation dated March 21, 2014 from the RoC.

Registered and Corporate Office: 605-607, Shrikant Chambers, Phase-1,6th Floor, Adjacent to R. K. Studios, Sion-Trombay Road, Mumbai 400 071, Maharashtra, India. Telephone: +91 (22) 7173 3717; Facsimile: +91 (22) 7173 3733

For details regarding changes to the name of our Company and address of the registered office of our Company, please see 'History and Certain Corporate Matters' on page 151 of the Prospectus ('Prospectus')
Contact Person: Ms. Sai Kedar Katkar, Company Secretary and Compliance Officer; Email: compliance@capacite.in; Website: www.capacite.in; Corporate Identity Number: U45400MH2012PLC234318

PROMOTERS OF OUR COMPANY: MR. ROHIT R. KATYAL, MR. RAHUL R. KATYAL AND MR. SUBIR MALHOTRA

BASIS OF ALLOTMENT

Our Company has filed the Prospectus with the Registrar of Companies, Maharashtra, located at Mumbai on September 19, 2017 and the Equity Shares are proposed to be listed on the BSE Limited ('BSE') and the National Stock Exchange of India Limited ('NSE') and the trading will commence on September 25, 2017.

INITIAL PUBLIC OFFERING OF 16,000,000 EQUITY SHARES OF FACE VALUE RS 10 EACH ('EQUIT YSHARES') OF CAPACIT'E INFRAPROJECTS LIMITED ('COMPANY') FOR CASH AT A PRICE OF RS 250 PER EQUITY SHARE INCLUDING A SHARE PREMIUM OF RS 240 PER EQUITY SHARE, AGGREGATING TO RS 4,000 MILLION (THE 'ISSUE'). THE ISSUE CONSTITUTES TO 23.57% OF THE POST-ISSUE PAID-UP EQUITY SHARE CAPITAL OF OUR COMPANY.

THE ISSUE PRICE: RS 250 PER EQUITY SHARE
ANCHOR INVESTOR OFFER PRICE: RS 250 PER EQUITY SHARE
THE ISSUE PRICE IS 25 TIMES OF THE FACE VALUE

Risks to Investors:

i. The 3 BRLMs associated with the Issue have handled 28 public issues in the past three years out of which 9 issues closed below the issue price on listing date.
ii. Average cost of acquisition of Equity Shares for the Promoters ranges from Rs 2.69 to Rs 11.86 and Issue Price at upper end of the Price Band is Rs 250.
iii. Net Asset Value of the Issuer as on March 31, 2017 is Rs 74.24 on standalone basis and Rs 74.36 on consolidated basis as against highest NAV in the peer group of Rs 309.32 on standalone basis and Rs 309.75 on a consolidated basis as disclosed in Prospectus.

ISSUE PROGRAMME:
ISSUE OPENED ON SEPTEMBER 13, 2017 | ISSUE CLOSED ON SEPTEMBER 15, 2017
ANCHOR INVESTOR DATE : SEPTEMBER 12, 2017

In terms of Rule 19(2)(b) of the Securities Contracts Regulations Rules, 1957, as amended, read with Regulation 41 of the ICDR Regulations, the Issue was made through the Book Building Process, in reliance on Regulation 26(1) of the ICDR Regulations, wherein not more than 50% of the Issue were available for allocation on a proportionate basis to Qualified Institutional Buyers ('QIB Portion'). Our Company in consultation with the BRLMs, allocated up to 60% of the QIB Portion to Anchor Investors on a discretionary basis ('Anchor Investor Portion'). One-third of the Anchor Investor Portion was reserved for domestic Mutual Funds, subjectto valid Bids received from domestic Mutual Funds at or above the Anchor Investor Allocation Price. 5% of the QIB Portion (excluding the Anchor Investor Portion) was available for allocation on a proportionate basis to Mutual Funds only, and the remainder of the QIB Portion was available for allocation on a proportionate basis to all QIB Bidders (other than Anchor Investors), including Mutual Funds, subject to valid Bids being received at or above the Issue Price. Further, not less than 15% of the Issue was available for allocation on a proportionate basis to Non-Institutional Investors and not less than 35% of the Issue was available for allocation to Retail Individual Investors, in accordance with the ICDR Regulations, subject to valid Bids being received at or above the Issue Price. All Bidders, other than Anchor Investors, were required to mandatorily utilise the Application Supported by Blocked Amount ('ASBA') process providing details of their respective bank accounts which was blocked by the Self Certified Syndicate Banks ('SCSBs'), to participate in the Issue. Anchor Investors were not permitted to participate in the Issue through theASBAprocess. For details, please see 'Issue Procedure' on page 368 of the Prospectus. The Issue received 1,383,514 Applications for 2,084,926,080 Equity Shares (before technical rejections and after removing duplicate and multiple bids) resulting in 130.31 times subscription. The details of the Applications received in the Issue from various categories are as under (Before technical rejections):

Sr. No.	Category	No. of Applications	No. of Equity Shares	No. of times Subscribed	Amount (Rs)	Shares Reserved
A	Retail Individual Bidders	1,381,829	97,188,960	17.36	24,304,323,395.00	5,600,000
B	Non Institutional Bidders	1,528	1,553,054,700	647.11	388,262,511,840.00	2,400,000
C	Qualifies Institutional Bidders(Excluding Anchors)	132	428,674,260	133.96	107,168,565,000.00	3,200,000
D	Anchor Investors	25	6,008,160	1.25	1,502,040,000.00	4,800,000
	Total	1,383,514	2,084,926,080	130.31	521,237,440,235.00	16,000,000

Final Demand
A summary of the final demand as per the BSE and the NSE at different Bid prices is as under:

SLNO	BID PRICE (Rs)	BIDS QUANTITY	(%) TO TOTAL	Cumulative Total	% Cumulative Total
1	245	429,000	0.02	429,000	0.02
2	246	46,500	0.00	475,500	0.02
3	247	96,120	0.00	571,620	0.03
4	248	165,960	0.01	737,580	0.04
5	249	117,480	0.01	855,060	0.04
6	250	2,012,302,440	95.87	2,013,157,500	95.91
7	CUTOFF	85,850,220	4.09	2,099,007,720	100.00
	TOTAL	2,099,007,720	100.00

The Basis of Allotment was finalized in consultation with the Designated Stock Exchange, being BSE on September 20,2017.

A. Allotment to Retail Individual Investors (After Technical Rejections)
The Basis of Allotment to the Retail Individual Investors, who have Bid at Cut-off Price or at the Issue Price of Rs 250 per Equity Share was finalized in consultation with BSE. This category has been subscribed to the extent of 16.955 times. The total number of Equity Shares Allotted in this category is 56,00,000 Equity Shares to 93,353 successful applicants. The category-wise details of the Basis of Allotment are as under:

Category	No. of Applications Received	% of Total	Total No. of Equity Shares applied	% to Total	No. of Equity Shares Allotted per Applicant	Ratio	Total No. of Equity Shares Allotted
60	1,286,039	95.12	77,162,340	81.26	60	113:1637	5,326,440
120	30,885	2.28	3,706,200	3.90	60	37:536	127,920
180	10,185	0.75	1,833,300	1.93	60	37:536	42,180
240	5,149	0.38	1,235,760	1.30	60	37:536	21,300
300	3,936	0.29	1,180,800	1.24	60	37:536	16,320
360	2,830	0.21	1,018,800	1.07	60	37:536	11,700
420	1,721	0.13	722,820	0.76	60	37:536	7,140
480	912	0.07	437,760	0.46	60	37:536	3,780
540	448	0.03	241,920	0.25	60	31:448	1,860
600	1,598	0.12	958,800	1.01	60	37:536	6,600
660	341	0.03	225,060	0.24	60	24:341	1,440
720	697	0.05	501,840	0.53	60	48:697	2,880
780	7,342	0.54	5,726,760	6.03	60	37:536	30,420
1 additions share is allotted to 20 allottees from categories120 to 780 in the ratio of 20:4559					1	20:4559	20
TOTAL	1,352,083 100.00		94,952,160	100.00			5,600,000

B. Allotment to Non Institutional Investors (After Technical Rejections) (sample)

The Basis of Allotment to the Non-Institutional Investors, who have Bid at the Issue Price of Rs 250 per Equity Share, was finalized in consultation with the BSE. This category has been subscribed to the extent of 646.2088 times. The total number of Equity Shares Allotted in this category is 24,00,000 Equity Shares to 752 successful applicants. The category-wise details of the Basis of Allotment are as under (Sample):

Category	No. of Applications Received	% of Total	Total No. of Equity Shares applied	% to Total	No. of Equity Shares Allotted per Applicant	Ratio	Total No. of Equity Shares Allotted
840	290	19.53	243,600	0.02	60	3 :145	360
10,020	3	0.20	30,060	0.00	60	1 : 3	60
99,960	7	0.47	699,720	0.05	155	1 : 1	1,085
100,020	1	0.07	100,020	0.01	155	1 : 1	155
199,980	14	0.94	2,799,720	0.18	309	1 : 1	4,326
204,000	1	0.07	204,000	0.01	316	1 : 1	316
279,120	1	0.07	279,120	0.02	432	1 : 1	432
399,960	26	1.75	10,398,960	0.67	619	1 : 1	16,094
499,980	4	0.27	1,999,920	0.13	774	1 : 1	3,096
559,980	1	0.07	559,980	0.04	867	1 : 1	867
660,000	1	0.07	660,000	0.04	1,021	1 : 1	1,021
1,010,400	3	0.20	3,031,200	0.20	1,564	1 : 1	4,692
1,012,500	1	0.07	1,012,500	0.07	1,567	1 : 1	1,567
1,200,000	10	0.67	12,000,000	0.77	1,857	1 : 1	18,570
1,279,980	1	0.07	1,279,980	0.08	1,981	1 : 1	1,981
1,359,960	1	0.07	1,359,960	0.09	2,105	1 : 1	2,105
1,399,980	3	0.20	4,199,940	0.27	2,166	1 : 1	6,498
1,500,000	3	0.20	4,500,000	0.29	2,321	1 : 1	6,963
1,599,960	10	0.67	15,999,600	1.03	2,476	1 : 1	24,760
1,620,000	2	0.13	3,240,000	0.21	2,507	1 : 1	5,014
1,719,960	1	0.07	1,719,960	0.11	2,662	1 : 1	2,662
1,721,580	1	0.07	1,721,580	0.11	2,664	1 : 1	2,664
1,999,800	7	0.47	13,998,600	0.90	3,095	1 : 1	21,665
1,999,980	53	3.57	105,998,940	6.83	3,095	1 : 1	164,035
2,000,040	11	0.74	22,000,440	1.42	3,095	1 : 1	34,045
2,010,180	1	0.07	2,010,180	0.13	3,111	1 : 1	3,111
2,799,960	3	0.20	8,399,880	0.54	4,333	1 : 1	12,999
3,000,000	10	0.67	30,000,000	1.93	4,642	1 : 1	46,420
3,000,060	1	0.07	3,000,060	0.19	4,643	1 : 1	4,643
4,000,200	3	0.20	12,000,600	0.77	6,190	1 : 1	18,570
6,000,060	1	0.07	6,000,060	0.39	9,285	1 : 1	9,285
6,600,000	1	0.07	6,600,000	0.43	10,213	1 : 1	10,213
6,999,960	1	0.07	6,999,960	0.45	10,832	1 : 1	10,832
7,800,000	11	0.74	85,800,000	5.53	12,070	1 : 1	132,770
7,878,000	2	0.13	15,756,000	1.02	12,191	1 : 1	24,382
7,999,800	5	0.34	39,999,000	2.58	12,380	1 : 1	61,900
7,999,980	6	0.40	47,999,880	3.09	12,379	1 : 1	74,274
8,025,000	2	0.13	16,050,000	1.03	12,216	1 : 1	24,432
8,319,960	1	0.07	8,319,960	0.54	12,455	1 : 1	12,455
9,600,000	2	0.13	19,200,000	1.24	14,613	1 : 1	29,226
9,999,960	15	1.01	149,999,400	9.67	15,441	1 : 1	231,615
10,000,200	1	0.07	10,000,200	0.64	14,969	1 : 1	14,969
10,860,000	3	0.20	32,580,000	2.10	16,623	1 : 1	49,869
10,999,980	4	0.27	43,999,920	2.84	16,883	1 : 1	67,532
11.199.960	16	1.08	179,199,360	11.55	17,297	1 : 1	276,752

C. Allotment to QIBs (After Technical Rejections)
The Basis of Allotment to QIBs who have Bid at the Issue Price of Rs 250 per Equity Share has been done on a proportionate basis in consultation with the BSE. This category has been subscribed to the extent of 133.9607 times of the QIB Portion. As per the SEBI ICDR Regulations, Mutual Funds were Allocated 5% of the Equity Shares of QIB Portion available i.e. 160,000 Equity Shares and other QIBs, including Mutual Funds, were Allocated the remaining available 3,040,000 Equity Shares on proportionate basis. The total number of Equity Shares allotted in the QIB category is 32,00,000 Equity Shares, which were allotted to 132 successful Bidders. The category-wise details of the Basis of Allotment are as under:

Category	Fls/Banks	Flls	IC	MFs	OTH	Total
QIB	915,121	670,331	137,606	519,348	957,594	3,200,000

D. Allotment to Anchor Investors

Category	MFs	ICs	FPI	Total
Anchor	3.399.960	400,000	1000040	4.800.000

The Board of Directors of the Company at its meeting held on September 21,2017, has approved the Basis of Allotment of the Equity Share approved by the Designated Stock Exchange, being BSE and Allotted the Equity Shares to various successful Bidders. The Allotment Advice-cum-Refund Intimations are being dispatched to the address of the investors as registered with the depositories. Further, instructions to the Self Certified Syndicate Banks for unblocking of funds and transfer of monies to the Public Issue Account, as applicable have been issued on September 21,2017 and payment instructions to non-Syndicate brokers have been issued on September 22, 2017. The Equity Shares Allotted to the successful Applicants have been uploaded on September 21, 2017 for credit into the respective beneficiary accounts subject to validation of the account details with the depositories concerned. In case the unblocking of funds or credit of shares is not received within six working days, investors may contact the Registrar to the Issue at the address given below. The Company has filed the Listing application with BSE and NSE on September 21,2017. The Company as received listing and trading Approvals form BSE and NSE on September 22,2017and the trading will commence on September 25,2017.

Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectus.

INVESTORS PLEASE NOTE

These details of the Allotment made shall be hosted on the website of Registrar to the Issue, Karvy Computershare Private Limited at https://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 Bidder, Serial number of the Bid cum Application Form, Bidder DP ID, Client ID, PAN, date of submission of Bid cum Application Form, address of the Bidder, number of Equity Shares applied for, the name and address of the Designated Intermediary where the Bid cum Application Form was submitted by the Bidder and a copy of the Acknowledgment Slip received from the Designated Intermediary at the address given below:

KARVY COMPUTERSHARE PRIVATE LIMITED
Karvy Selenium Tower B, Plot 31-32, Gachibowli Financial District, Nanakramguda, Hyderabad 500 032 Telangana, India.
Telephone: +91 (40) 6716 2222; Facsimile: +91 (40) 23431551; Email: einward.ris@karvy.com
Investor Grievance email: capacite.ipo@karvy.com; Website: https://karisma.karvy.com/
Contact Person: Mr. M. Murali Krishna; SEBI Registration No. INR000000221

CORRIGENDUM NOTICE TO INVESTORS

In the page 84 of the Red Herring Prospectus dated August 31,2017, the details under '3. Details of Equity Share Capital locked-in for one year' shall be read as following; 'Except for (a) the Promoters' Contribution, which shall be locked-in as above, and (b) 1,084,741 shares held by Paragon shall be locked in till October 21,2017 and (c) 7,051,562 Equity Shares held by Paragon, which shall not be locked in, the entire pre-lssue capital of our Company shall be locked in for a period of one year from the date of Allotment as prescribed under the ICDR Regulations'. The above has been updated in page 83 of Prospectus.

Place : Mumbai Date : September 22,2017	For CAPACIT'E INFRAPROJECTS LIMITED On behalf of the Board of Directors Sd/- Company Secretary 8t Compliance Officer

Capacite Infra IPO Basis of Allotment FAQs

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

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

Visit the Capacite Infra IPO allotment status page to check the number of shares allocated to your application.

Capacite Infra IPO Basis of Allotment

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