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July 20, 2017 - July 24, 2017

Captain Technocast IPO Basis of Allotment

CAPTAIN TECHNOCAST LIMITED
Corporate Identity Number: - U27300GJ2010PLC061678

Our Company was originally incorporated on July 20, 2010 as 'Captain Technocast Private Limited' vide Registration no. 061678 (CIN: U27300GJ2010PTC061678) under the provisions of the Companies Act, 1956 with the Registrar of Companies, Gujarat, Dadra & Nagar Haveli. Later, our Company was converted into Public Limited Company and consequently name of the Company was changed to 'Captain Technocast Limited' vide Shareholder's Resolution passed at the Extra Ordinary General Meeting of the Company held on April 08, 2017 and a fresh Certificate of Incorporation dated April 21, 2017 issued by the Registrar of Companies, Gujarat, Ahmedabad. For further details please refer to chapter titled 'History and Certain Corporate Matters' beginning on page 143 of this Prospectus.

Registered Office: Survey No-257, Plot No. 4, N.H. No. 8-B, Shapar (Veraval), Rajkot Gujarat- 360002, India
Tel No: +91-2827-252411 E-mail: compliance@captaintechnocast.com Website: www.captaintechnocast.com

Contact Person: Mr. Ankur Pradumanbhai Makwana (Company Secretary & Compliance Officer)
PROMOTERS OF OUR COMPANY: MR. RAMESHBHAI DEVRAJBHAI KHICHADIA, MR. GOPAL DEVRAJBHAI KHICHADIA, MR. ANILBHAI VASANTBHAI BHALU, MR. SHAILESH KARSHANBHAIBHUT, MRS. KOMALBEN S BHUT, MR. SMIT VAGHJIBHAIBHALU AND MR. DHARMESH PANSURIYA

BASIS OA ALLOTMENT

INITIAL PUBLIC ISSUE OF 14,25,000 EQUITY SHARES OF FACE VALUE OF RS 10 EACH ('EQUITY SHARES') OF CAPTAIN TECHNOCAST LIMITED ('COMPANY' OR 'ISSUER') FOR CASH AT A PRICE OF RS 40.00 PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF RS 30.00 PER EQUITY SHARE) ('ISSUE PRICE') AGGREGATING TO 570 LAKHS ('ISSUE') CONSISTING OF A FRESH ISSUE OF 8,25,000 EQUITY SHARES OF FACE VALUE OF RS 10 EACH ('EQUITY SHARES') FOR CASH AT A PRICE OF RS 40.00 PER EQUITY SHARE AGGREGATING TO RS 330 LAKHS ('ISSUE') AND 6,00,000 EQUITY SHARES OF FACEVALUE OF RS 10 EACH ('EQUITY SHARES') FOR CASH AT A PRICE OF RS 40.00 PER EQUITY SHARE AGGREGATING TO RS 240 LAKHS THROUGH AN OFFER FOR SALE BY MR. RAMESHBHAI DEVRAJBHAI KHICHADIA, MRS. SANGEETABEN RAMESHBHAI KHICHADIA, MR. RITESH RAMESHBHAI KHICHADIA, MR. KANJI MOHANBHAI PANSURIA.MR. KAUSHIKBHAIVASHRAMBHAI MORI, MR. VAGHAJIBHAI GOVABHAI BHALU, MRS. RASHMITA S BHALU, MR. DIPAK DURLABHBHAI BHUT, MRS. SONALBEN S BHUT & MR. DHARMESHBHAI B DADHANIYA (COLLECTIVELY REFERRED AS SELLING SHAREHOLDERS INCLUDING PROMOTER AND PROMOTER GROUP MEMBERS) OF WHICH 75,000 EQUITY SHARES OF FACE VALUE OF RS 10.00 EACH FOR A CASH PRICE OF RS 40.00 PER EQUITY SHARE, AGGREGATING TO RS 30 LAKHS WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER ('MARKET MAKER RESERVATION PORTION'). THE ISSUE LESS THE MARKET MAKER RESERVATION PORTION I.E. ISSUE OF 13,50,000 EQUITY SHARES OF FACE VALUE OF RS 10.00 EACH AT AN ISSUE PRICE OF RS 40 PER EQUITY SHARE AGGREGATING TO RS 540 LAKHS (IS HEREINAFTER REFERRED TO AS THE 'NET ISSUE'). THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 27.91% AND 26.44%, RESPECTIVELY OF THE POST ISSUE PAID UP EQUI7Y SHARE CAPITAL OF OUR COMPANY. FOR FURTHER DETAILS, PLEASE REFER TO SECTION TITLED 'TERMS OF THE ISSUE' BEGINNING ON PAGE 261 OF THIS PROSPECTUS.

THIS ISSUE IS BEING MADE IN TERMS OF CHAPTER XB OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2009(THE 'SEBI ICDR REGULATIONS'), AS AMENDED. THIS ISSUE IS A FIXED PRICE ISSUE AND ALLOCATION IN THE NET ISSUE TO THE PUBLIC WILL BE MADE IN TERMS OF REGULATION 43(4) OF THE SEBI (ICDR) REGULATIONS, 2009, AS AMENDED. FOR FURTHER DETAILS, PLEASE REFER TO SECTION TITLED 'ISSUE RELATED INFORMATION' BEGINNING ON PAGE 261 OF THIS PROSPECTUS.

THE FACE VALUE OF THE EQUITY SHARES IS RS 10/- EACH AND THE ISSUE PRICE IS RS 40.00.
THE ISSUE PRICE IS 4 TIMES OF THE FACE VALUE.

ISSUE OPENED ON THURSDAY JULY 20, 2017 AND CLOSED ON MONDAY, JULY 24, 2017.
PROPOSED LISTING: AUGUST 01, 2017

The Equity Shares offered through this Prospectus are proposed to be listed on the SME Platform of BSE Ltd ('BSE SME'). Our Company has received an approval letter dated July 12, 2017 from BSE for using its name in this offer document for listing of our shares on the SME Platform of BSE. For the purpose of this Issue, the Designated Stock Exchange will be the BSE Ltd.. The trading is proposed to be commenced on or about August 01,2017.*

*Subject to receipt of listing and trading approvals from the 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 4461 applications for 1,97,10,000 Equity Shares resulting in 13.83 times subscription (including reserved portion of market maker). The details of the applications received in the issue (before technical rejections) are as follows:
Detail of the Applications Received (Before Technical Rejection):

CATEGORY NUMBER OF
APPLICATIONS
% NUMBER OF
EQUITY SHARES
% SUBSCRIPTION
(TIMES)
Market Makers 1 0.03 75,000 0.38 1
Retail Individual Investors 4210 94.37 1,26,30,000 64.08 18.71
Other than Retail Individual Investors 250 5.60 70,05,000 35.54 10.37
TOTAL 4461 100.00 1,97,10,000 100.00

The details of applications rejected by the Registrar on technical grounds (including withdrawal) are detailed below:

Category No. of
Applications
No. of
Equity Shares
Market Makers Nil Nil
Retail Individual Investors 92 2,76,000
Other than Retail Individual Investors 7 78,000
Total 99 3,54,000

After eliminating technically rejected applications, the following tables give us category wise net valid applications:

Category No. of
Applications
% Reserved Portion
(as per Prospectus)
No. of Valid
Shares applied
% of
Total Applied
Subscription
(Times)
Market Maker 1 100 75,000 75,000 100 1.00
Total 1 100 75,000 75,000 100 1.00
Category No. of Applications % Reserved Portion (as per Prospectus) Proportionate Issue Size (After rounding off) No. of Valid Shares applied % of Total Applied Subscription (Times)
Retail Individual Investors 4118 94.43 6,75,000 8,67,000 1,23,54,000 64.07 14.25
Other than Retail Individual Investors 243 5.57 6,75,000 4,83,000 69,27,000 35.93 14.34
Total 4361 100 13,50,000 13,50,000 1,92,81,000 100

ALLOCATION: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange- BSE Limited on July 27,2017.

A. Allocation to Market Maker (After Technical Rejections & Withdrawal): The Basis of Allotment to the Market Maker, at the issue price of Rs 40 per Equity Share, was finalised in consultation with BSE Limited. The category was subscribed by 1.00 times. The total number of shares allotted in this category is 75,000 Equity shares.

The category wise details of the Basis of Allotment are as under:

No. of
Shares
Applied for
(Category
wise)
No.
of
Appli
cations
received
%
to total
Total No. of
Equity Shares
applied in this
Category
% of
total
Proportiona
te Shares
Available
Allocation per
Applicant
(Before
Rounding Off)
Allocation per
Applicant (After
Rounding Off)
Ratio of
Allottees
to
AppliCant:
Ratio 1
Ratio of
Allottees
to
AppliCant:
Ratio 2
Number of
Successful
applicants
(after
rounding off)
Total No. of
Equity
Shares
allocated/
allotted
No. of
Shares
Surplus/
Deficit
75,000 1 100.00 75,000 100.00 75,000 75,000 75,000 1 1 1 75,000 -
TOTAL 1 100.00 75,000 100.00 75,000 75,000 75,000 1 1 1 75,000

B. Allocation to Retail Individual Investors (After Technical Rejections & Withdrawal): The Basis of Allotment to the Retail Individual Investors, at the issue price of Rs 40 per Equity Share, was finalized in consultation with BSE Limited. The category was subscribed by 14.25 times i.e. for 1,23,54,000 Equity Shares. Total number of shares allotted in this category is 8,67,000 Equity Shares to 289 successful applicants.

The category wise details of the Basis of Allotment are as under:

No. of
Shares
Applied for
(Category
wise)
No.
Of
Appli
cations
received
% to
total
Total No. of
Equity Shares
applied in this
Category
% of
total
Proportion
ate Shares
Available
Allocation
per Applicant
(Before
Rounding
Off)
Allocation
per Applicant
(After
Rounding
Off)
Ratio of
Allottees
to Appli
Cant: Ratio 1
Ratio of
Allottees to
AppliCant:
Ratio 2
Number of
Successful
applicants
(after
rounding off)
Total No. of
Equity Shares
allocated/
allotted
No. of
Shares
Surplus/De
ficit
3,000 4118 100.00 1,23,54,000 100.00 8,67,000 210.54 3000 289 4118 289 8,67,000 -
TOTAL 4118 100.00 1,23,54,000 100.00 8,67,000 210.54 3000 289 4118 289 8,67,000 4118

C. Allocation to Other than Retail Individual Investors (After Technical Rejections & Withdrawal): The Basis of Allotment to Other than Retail Individual Investors, at the issue price of Rs 40 per Equity Share, was finalized in consultation with BSE Limited. The category was subscribed by 14.34 times i.e. for 69,27,000 shares the total number of shares allotted in this category is 4,83,000 Equity Shares to 75 successful applicants.
The category wise details of the Basis of Allotment are as under:

No. of Shares
Applied for
(Category wise)
No. of
Applications received
% to
total
Total No. of Equity Shares
applied in this
Category
% of
total
Proportionate Shares
Available
Allocation per Applicant
(Before Rounding Off)
Allocation per
Applicant
(After
Rounding Off)
Ratio of
Allottees to AppliCant:
Ratio 1
Ratio of
Allottees to AppliCant:
Ratio 2
Number of
Successful
applicants
(after rounding
off)
Total No. of Equity Shares
allocated/
allotted
No. of
Shares
Surplus/
Deficit
6000 126 51.85 756000 10.91 52714 418.36 3000 1 7 18 54000 1286
9000 37 15.23 333000 4.81 23219 627.54 3000 8 37 8 24000 781
12000 12 4.94 144000 2.08 10041 836.73 3000 1 4 3 9000 -1041
15000 12 4.94 180000 2.60 12551 1045.91 3000 1 3 4 12000 -551
18000 7 2.88 126000 1.82 8786 1255.09 3000 3 7 3 9000 214
21000 5 2.06 105000 1.52 7321 1464.27 3000 2 5 2 6000 -1321
24000 4 1.65 96000 1.39 6694 1673.45 3000 1 2 2 6000 -694
27000 4 1.65 108000 1.56 7531 1882.63 3000 1 2 2 6000 -1531
30000 9 3.70 270000 3.90 18826 2091.81 3000 2 3 6 18000 -826
33000 1 0.41 33000 0.48 2301 2301.00 3000 1 1 1 3000 699
39000 1 0.41 39000 0.56 2719 2719.36 3000 1 1 1 3000 281
45000 2 0.82 90000 1.30 6275 3137.72 3000 1 1 2 6000 -275
48000 1 0.41 48000 0.69 3347 3346.90 3000 1 1 1 3000 -347
60000 1 0.41 60000 0.87 4184 4183.63 3000 1 1 1 3000 -1184
63000 1 0.41 63000 0.91 4393 4392.81 3000 1 1 1 3000 -1393
69000 1 0.41 69000 1.00 4811 4811.17 6000 1 1 1 6000 1189
72000 1 0.41 72000 1.04 5020 5020.36 6000 1 1 1 6000 980
75000 2 0.82 150000 2.17 10459 5229.54 6000 1 1 2 12000 1541
99000 1 0.41 99000 1.43 6903 6902.99 6000 1 1 1 6000 -903
120000 1 0.41 120000 1.73 8367 8367.26 9000 1 1 1 9000 633
123000 3 1.23 369000 5.33 25729 8576.44 9000 1 1 3 27000 1271
132000 1 0.41 132000 1.91 9204 9203.98 9000 1 1 1 9000 -204
135000 1 0.41 135000 1.95 9413 9413.17 9000 1 1 1 9000 -413
150000 1 0.41 150000 2.17 10459 10459.07 9000 1 1 1 9000 -1459
180000 1 0.41 180000 2.60 12551 12550.89 12000 1 1 1 12000 -551
249000 1 0.41 249000 3.59 17362 17362.06 18000 1 1 1 18000 638
252000 1 0.41 252000 3.64 17571 17571.24 18000 1 1 1 18000 429
300000 2 0.82 600000 8.66 41836 20918.15 21000 1 1 2 42000 164
375000 1 0.41 375000 5.41 26148 26147.68 27000 1 1 1 27000 852
624000 1 0.41 624000 9.01 43510 43509.74 45000 1 1 1 45000 1490
900000 1 0.41 900000 12.99 62755 62754.44 63000 1 1 1 63000 245
TOTAL 243 100.00 69,27,000 100.00 4,83,000 75 4,83,000 0

The Board of Directors of the Company at its meeting held on July 28,2017 has approved the Basis of Allocation of Equity Shares as approved by the Designated Stock Exchange viz. BSE Limited and has authorized the corporate action for the transfer of the Equity Shares to various successful applicants.

The CAN-cum-Refund advices and allotment advice and/or notices will be dispatched to the address of the Applicants as registered with the depositories / as filled in the application form on or before August 01,2017. Further, the instructions to Self Certified Syndicate Banks for unblocking the amount will processed on or prior to July 28, 2017 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 (BSE SME) within six working days from the date of the closure of the offer.

Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectus dated July 13, 2017 ('Prospectus')

INVESTORS PLEASE NOTE

The details of the allotment made would also be hosted on the website of the Registrar to the issue, Bigshare Services Private Limited at www.bigshareonline.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:

BIGSHARE SERVICES PRIVATE LIMITED
E-2 & 3, Ansa Industrial Estate, Sakivihar Road, Sakinaka, Andhen (East), Mumbai-400072,
Maharashtra-India. Tel No.:+91 -022-40430200, Fax No.: +91-022-28475201 Email: ipo@bigshareonline.com,
Website: www.bigshareonline.com Contact Person: Mr. Srinivas Dornala, SEBI Regn. No.: INR000001385

Place: Rajkot
Date: 29.07.2017
For CAPTAIN TECHNOCAST LIMITED
on behalf of Board of Directors
Sd/-
Mr. Anilbhai Vasantbhai Bhalu
Managing Director

Captain Technocast IPO Basis of Allotment FAQs

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

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

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