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January 29, 2010 - February 2, 2010

DB Realty IPO Basis of Allotment

D B REALTY LIMITED

Our Company was originally incorporated as a public limited company with the name D B Realty Limited, into the Companies Act 1956 on January 8,2007 and received a certificate of (commencement of business on February 28, 2007. Our Company was converted to a Private company and the name was changed to D B Reality Private Limited, pursuant to a shareholders resolutian dated May 14, 2007. The Registrar of Companies, Mumbai has issued a fresh certificate of incorporation consequent to the conversion on July 9, 2007. Subsequently by a shareholders resolution dated September 5, 2009 , our company has been reconverted into a public limited company and received a fresh certificate of incorporation on September 23, 2009.

Registered Office and Corporate Office: DB House, Gen. A.K. Vaidya Marg, Goregaon (East),
Mumbai 400 063, India.
Telephone: +91 22 4077 8600. Facsimile: +91 22 2842 2444 Website: www.dbg.co.in
Company Secretary and Compliance Officer:
Mr. S.A.K. Narayanan; Email: sak.narayanan@dbg.co.in

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 32,051,282 EQUITY SHARES OF FACE VALUE OF RS.10 EACH ("EQUITY SHARES') OF D B REALTY LIMITED (THE "COMPANY" OR THE "ISSUER') FOR CASH AT A PRICE OF RS. 468 PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF RS. 458 PER EQUITY SHARE), AGGREGATING UPTO RS. 15,000 MILLION ("THE ISSUE'). THE ISSUE SHALL CONSTITUTE 13.18% OF THE FULLY DILUTED POST-ISSUE CAPITAL OF OUR COMPANY.

BID/ISSUE OPENED ON JANUARY 29, 2010, CLOSED ON FEBRUARY 02, 2010


The Equity Shares of the Company are proposed to be listed on Bombay Stock Exchange Limited ("BSE") and the National Stock Exchange of india Limited ("NSE") and the trading is expected to commence on February 24, 2010.
THE FACE VALUE PER EQUITY SHARE IS RS.10/-. THE ISSUE PRICE PER EQUITY SHARE IS RS. 468/- AND IT IS 46.8 TIMES THE FACE VALUE. The Anchor investors issue price is Rs. 468/- per equity share.

Pursuant to Rule 19(2)(b) of the Securities Contract Regulation Rules, 1957 ("SCRR"), this being an Issue for less than 25% of the post Issue share capital, the Issue is being made through the Book Building Process wherein at least 60% of the Issue shall be allocated on a proportionate basis to Qualified Institutional Buyers ("QIBs").Provided that, the Company may. allocate up to 30% of the QIB Portion to Anchor Investors at the Anchor Investor issue Price on a discretionary basis, out of which at least one-third will be available for allocation to Mutual funds only. In the event of under-subscripbon in the Anchor Investor Portion, the balance Equity Shares shall be added to the Net QIB Portion. 5% of the Net QIB Portion shall be available for allocation on a proportionate basis to Mutual Funds only. The remainder shall be available for allocation on a proportionate basis to QIBs including Mutual Funds, subject to valid Bids being received from them at or above the Issue Price. If at least 60% of the Issue cannot be allotted to QIBs, then the entire application money will be refunded forthwith. In addition, in accordance with Rule 19(2) (b) of the SCRR, a minimum of two million securities are being offered to the public and the size of the Issue shall aggregate to at least Rs.1,000 million. Further, not less than 10% of the Issue shall be available for allocation on a proportnnate basis to Non-lnstitutional Bidders and not less than 30% of the Issue shall be available for allocation on a proportionate basis to Retail Individual Bidders, subject to valid Bids being received from them at or above the Issue Price.

The Company has allocated 55,55,298 Equity Shares of the QIB Portion to Anchor Investors on a discretionary basis at Rs.468 in accordance with the SEBI Regulations.

The Issue received 22,311 applications for 8,43,03,484 equity shares resulting in 2.63 times subscription after technical rejection. The details of the applications received in the Issue from Qualified Institutional Buyers, Non-Institutional and Retail Individual Investor are as under (Before technical rejections)

Category No. of Applications No. of Shares No. of times subscription
Qualified Institutional Buyers 62 61,100,900 4.47
Non Institutional Investors (including ASBA Bidders) 113 13,473,222 4.20
Retail Individual investors (including ASBA Bidders) 22,314 3,350,508 0.35
Anchor Investors 6 6,399,386 1.15

Final Demand
A summary of the final demand as per BSE and NSE as on the Bid/Issue Closing date at different bid prices is as under:

Bid Price No. of Shares % to Total Cumulative Total Cumulative % to total
468 18928560 22.1197 85573404 100.0000
469 70 0.0001 66644844 77.8803
470 812 0.0009 66644774 77.8802
471 14 0.0000 66643962 77.8793
472 70 0.0001 66643948 77.8793
473 14 0.0000 66643878 77.8792
475 169708 0.1983 66643864 77.8792
476 31206 0.0365 66474156 77.6809
477 3459204 4.0424 66442950 77.6444
478 112 0.0001 62983746 73 6020
480 62916 0.0735 62983634 73 6019
482 56 0.0001 62920718 73.5284
485 84 0.0001 62920662 73.5283
486 59795372 69.8761 62920578 73.5282
CUTOFF 3125206 3.6521 3125206 3.6521
TOTAL 85573404 100.0000

The Basis of Allocation was finalized in consultation with the Designated Stock Exchange, being BSE on February 15,2010.

A. Allocation to Retail Individual Investors including ASBA Bidders (After Technical Rejections)
The Basis of Allocation to the Retail Individual Investors, who have Bid at or above Rs. 468/-per Equity Share or at the Cut-off Price, was finalized in consultation with BSE. The category was subscribed 0.35 times. As per the Red Herring Prospectus, the unsubscribed portion of Retail Portion is spill over to Non Institutional Portion (8,94,062 equity shares), QIB Portion (53,64,374 equity shares) and Additional spill Over to Non institutional Portion (25,970 equity shares) due to cheque return & rejections. The total number of shares allotted in this category is 33,30,978 Equity Shares to 22,131 successful applicants. The category-wise details of the Basis of Allocation are as under:

Category No. of
Applns.
% to
total
Total No. of
Shares applied
% to
total
No. of
Shares allocated
Ratio of Allottees
to Applicants
Total No. of
Shares allocated
14 3514 15.88 49196 1.48 14 1:1 49196
28 905 4.09 25340 0.76 28 1:1 25340
42 444 2.01 18648 0.56 42 1:1 18648
56 324 1.46 18144 0.56 56 1:1 18144
70 281 1.27 19670 0.59 70 1:1 19670
84 80 0.36 6720 0.20 84 1:1 6720
98 389 1.76 38122 1.14 98 1:1 38122
112 140 0.63 15680 0.47 112 1:1 15680
126 20 0.09 2520 0.08 126 1:1 2520
140 93 0.42 13020 0.39 140 1:1 13020
154 26 0.12 4004 0.12 154 1:1 4004
168 11 0.05 1848 0.06 186 1:1 1848
182 64 0.29 11648 0.35 182 1:1 11648
196 15713 71.00 3079748 92.46 196 1:1 3079748
210 127 0.57 26670 0.80 210 1:1 26670

B. Allocation to Non Institutional Investors including ASBA Bidders (After technical rejections)
The Basis of Allocation to the Non institutional Investors, who have Bid at or above Rs. 468/- per Equity Share, was finalized in consultation with BSE. The category was over subscribed 3.27 times. As per the Red Herring Prospectus, the spill over portion from Retail Portion was 8,94,062 equity snares and Additional Spill Over from Retail Portion due to cheque return & rejections was 25,970 equity shares The total number of shares allotted In this category Is 41,25,160 Equity Shares to 112 successful applicants. The category-wise details of the Basis of Allocation are (Sample) as under:

Category No. of
Applns.
% to
total
Total No. of
Shares applied
% to
total
No. of
Shares allocated
Ratio of Allottees
to Applicants
Total No. of
Shares allocated
210 1 0.89 210 0.00 64 1:1 64
252 1 0.89 252 0.00 77 1:1 77
700 1 0.89 700 0.01 214 1:1 214
2156 1 0.89 2156 0.02 660 1:1 880
2352 1 0.89 2352 0.02 720 1:1 720
2996 5 4.46 14980 0.11 917 1:1 4585
10192 1 0.89 10192 0.08 3121 1:1 3121
10500 4 3.57 42000 0.31 3215 1:1 12860
20566 5 4.46 102830 0.76 6297 1:1 31485
20580 5 4.46 102900 0.76 6302 1:1 31510
20650 1 0.89 20650 0.15 6323 1:1 6323
21364 4 3.57 85456 0.63 6542 1:1 26168
411530 1 0.89 411530 3.05 126010 1:1 126010
747894 1 0.89 747894 5.55 229004 1:1 229004
1068424 1 0.89 1068424 7.93 327149 1:1 327149
1388884 1 0.89 1388884 10.31 425273 1:1 425273
2057608 1 0.89 2057608 15.27 630035 1:1 630035
2057622 1 0.89 2057622 15.27 630040 1:1 630040
3066412 1 0.89 3086412 22.91 945052 1:1 945052

C. Allocation to QIBs
Allocation to QIBs has been done on a proportionate basis In consultation with BSE. As per the SEBI Regulations, Mutual Funds were Initially allotted 5% of the quantum of shares available (9,51,993), Including spill over from Retail Portion to the extent of 2,68,219 Equity Shares and other QIBs were allotted the remaining available shares (1,80,87,853) on proportionate basis, Including spill over from Retail Portion to the extent of 50,96,155 Equity Shares, was allotted to other QIBs on proportionate basis.

Flls Fls/Banks MFs INC Total
1,22,38,310 30,29,974 23,08,519 14,63,043 1,90,39,846

D. Allocation to Anchor Investors
Allocation to Anchor Investors has been done on a discretionary basis by the Company in consultation with the Book Running Lead Managers. As per the SEBI Regulations, upto 30% of QIB Portion (i.e. 55,55,298 Equity Shares) were allotted to Anchor Investors (55,55,298 Equity Shares).

Flls Fls/Banks MFs INC Total
27,15,713 - 11,62,515 16,77,070 55,55,298

The IPO committee of the Board of Directors of the Company at Its meeting held at Mumbai on February 16, 2010 has approved the basis ol allocation of shares of the Issue and has allotted the shares to various successful applicants.

The CAN-cum-Refund Orders and allotment advice and notices have been dispatched to the address of the Investors as registered with the depositories on February 17, 2010. In case the same Is not received within ten days, Investors may contact at the address given below. The Refund Orders have been overprinted with the Bank Mandate details as registered, If any, with the depositories. The shares allocated to successful applicants have been credited to their beneficiary accounts subject to validation of the account details with the depositories concerned. The Company has taken steps to get the Equity Shares admitted for trading on BSE and NSE within seven working days from the date of approval of the basis of allocation. The Company has filed the listing application on February 16, 2010 and the trading Is expected to commence on February 24, 2010. Further, the instructions to Self Certified Syndicate Banks have been given on Feb 15, 2010.

Note: All capitalized terms used and not defined herein shall have the respective meaning assigned to them In the prospectus dated February 05, 2010 ("Prospectus"). For any material updates & risk factors, please refer to prospectus dated February 05, 2010 filed with the Registrar of Companies.

INVESTORS PLEASE NOTE

Details of the allocation made would be hosted on the website of Registrar to the Issue, Link Intime India Private Limited it http://www.linkintime.co.in

All future correspondence In this regard may kindly be addressed to the Registrar to the Issue quoting full name of the First/ Sole applicant, Serial number of the bid-cum-applicatlon form, number of shares bid for, name of the Member of the Syndicate and Place where the bid was submitted and payment details at the address given below:

Link Intime India Private Limited
C-13, Pannalal Silk Mills Compound,
L.B.S. Marg, Bhandup (West), Mumbai - 400 078.
Email: dbreality.ipo@linkintime.co.in

Place : Mumbai
Date : February 22, 2010

For D B REALTY LIMITED
Mr. S. A.
K. Narayanan
Company Secretary a Compliance officer

DB Realty IPO Basis of Allotment FAQs

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

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

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