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

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 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):

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

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

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:

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:

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:

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