May 9, 2018 - May 11, 2018

Five Core Electronics IPO Basis of Allotment

FIVE CORE ELECTRONICS LIMITED

Corporate Identification Number: U32109DL2002PLC148250

The Company was incorporated as Five Core Electronics Limited under the provisions of the Companies Act, 1956 vide certificate of incorporation dated April 11,2002 in West Bengal, Kolkata. Subsequently, our company shifted from the State of West Bengal to State of NCT of Delhi by an order of the Company Law Board dated April 26, 2006 and certificate of registration for the said order issued by Deputy Registrar of Companies, West Bengal, Kolkata dated May 29, 2006. The Corporate Identification Number of Our Company is U32109DL2002PLC148250. For further details please refer to chapter titled 'Our History and Certain Other Corporate Matters' beginning on page 162 of the Prospectus.

Registered Office: WZ-15B, Ground Floor, Uggarsain Market, Ashok Nagar, New Delhi -110018.
Tel No: +91-11-28128000 (100 lines) | Fax No: +91-11-28128011 | E-mail: investcare@5core.in | Website: www.5core.com
Contact Person: Mr. Saurabh Kumar Jain, Company Secretary & Compliance Officer

PROMOTERS OF THE COMPANY: MR. AMARJIT SINGH KALRA AND MS. SURINDER KAUR KALRA

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 33,33,000 EQUITY SHARES OF FACE VALUE OF RS 10 EACH FULLY PAID UP OF FIVE CORE ELECTRONICS LIMITED ('FIVE CORE' OR '5C0RE' OR THE 'COMPANY' OR THE 'ISSUER') FOR CASH AT A PRICE OF RS 140 PER EQUITY SHARE (THE 'ISSUE PRICE') (INCLUDING A SHARE PREMIUM OF RS 130 PER EQUITY SHARE AGGREGATING RS 4666.20 LAKHS (THE 'ISSUE') BY OUR COMPANY, OF WHICH 1,69,000 EQUITY SHARES OF RS 10 FULLY PAID UP EACH WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER TO THE ISSUE ('MARKET MAKER RESERVATION PORTION'). THE ISSUE LESS THE MARKET MAKER RESERVATION PORTION I.E. ISSUE OF 31,64,000 EQUITY SHARES OF RS 10 EACH FULLY PAID UP IS HEREINAFTER REFERRED TO AS THE 'NET ISSUE'. THE ISSUE WILL CONSTITUTE 26.41% OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF THE COMPANY.

THIS ISSUE IS BEING IN TERMS OF CHAPTER XB OF THE SEBI (ICDR) REGULATIONS, 2009 (AS AMENDED FROM TIME TO TIME). FOR FURTHER DETAILS PLEASE REFER TO 'SECTION VII - ISSUE INFORMATION' BEGINNING ON PAGE 342 OF THE PROSPECTUS.

THE FACE VALUE OF THE EQUITY SHARES IS RS 10 EACH.
THE ISSUE PRICE IS RS 140. THE ISSUE PRICE IS 14.00 TIMES THE FACE VALUE.

ISSUE OPENED ON : MAY 09, 2018
ISSUE CLOSED ON : MAY 11, 2018

PROPOSED LISTING : MONDAY, MAY 21, 2018

The Equity Shares offered through the Prospectus are proposed to be listed on the NSE Emerge Platform ('NSE'). The Company has received an in-principle approval letter dated April 30,2018 from NSE for using its name in the offer document for listing of its shares on NSE Emerge Platform.
For the purpose of this Issue, the Designated Stock Exchange will be the National Stock Exchange of India Limited. The trading is proposed to be commenced with effect from Monday, May 21,2018*

*Subject to receipt of listing and trading approvals from the National Stock Exchange of India Limited.
All Applicants participated in the Issue through APPLICATIONS SUPPORTED BY BLOCKED AMOUNT ('ASBA') process by providing the details of their respective bank accounts in which the corresponding application amounts were blocked by Self Certified Syndicate Banks (the 'SCSBs').

SUBSCRIPTION DETAILS

The Issue has received 1109 applications for 4807000 Equity Shares resulting in 1.44 times subscription (including reserved portion of Market Maker). The details of the applications received and banked in the Issue (before technical rejections) are as follows:
Details of the Applications Received and Banked (Before Technical Rejection):

Category	No. of Applicants	%	No. of Equity Shares	%	Subscription (Times)
Market Maker	1	0.09	169000	3.52	1.00
Retail Individual Investors	1049	94.59	1049000	21.82	0.66
Other than Retail Individual Investors	59	5.32	3589000	74.66	1.69
TOTAL	1109	100.00	4807000	100.00	1.44

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

Category	No. of Applications	No. of Equity Shares
Market Maker	Nil	Nil
Retail Individual Investors	12	12000
Other than Retail Individual Investors	Nil	Nil
TOTAL	12	12000

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

Category	No. of Applications	%	Issue Size (as per Prospectus)	ProportionateIssue Size (After rounding off)	No. of Valid Shares applied	Subscription (Times)
Market Maker	1	0.09	169000	169000	169000	1.00
Retail Individual Investors	1037	94.53	1582000	1037000	1037000	0.66
Other than Retail Individual Investors	59	5.38	1582000	2127000	3589000	1.69
TOTAL	1097	100.00	3333000	3333000	4795000	1.44

Allocation: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - National Stock Exchange of India Limited on May 16,2018.

A. Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the issue price of Rs 140 per Equity Share, was finalized in consultation with NSE. The category was subscribed by 1.00 times. The total number of shares allotted in this category is 1,69,000 Equity Shares.

B. Allocation to Retail Individual Investors (After Technical Rejections): The Basis of Allotment to the Retail Individual Investors, at the issue price of Rs 140 per Equity Share, was finalized in consultation with NSE. The category was subscribed by 0.66 times. The total number of shares allotted in this category is 1037000 Equity Shares to 1037 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 each Category	% to Total	Proporti nate Shares Available	Allocation per Applicant (Before Rounding Off)	Allocation per Applicant (After Rounding Off)	Ratio of Allottees to Applicants: Ratio 1	Ratio of Allottees to Applicants: Ratio 2	Number of Successful applicant (after rounding off)	Total No. of Shares allocated/ allotted	No. of Shares Surplus/ Deficit
1000	1037	100.00	1037000	100.00	1582000	1000.00	1000	1	1	1037	1037000	(545000)
TOTAL	1037	100.00	1037000	100.00	1582000					1037	1037000	(545000)

C. Allocation to Other than Retail Individual Investors (After Technical Rejections): The Basis of Allotment to the Non Institutional Investors, at the issue price of Rs 140 per Equity Share, was finalized in consultation with NSE. The category was subscribed 1.69 times. The total number of shares allotted in this category is 2127000 Equity Shares to 59 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 each Category	% to Total	Proporti nate Shares Available	Allocation per Applicant (Before Rounding Off)	Allocation per Applicant (After Rounding Off)	Ratio of Allottees to Applicants: Ratio 1	Ratio of Allottees to Applicants: Ratio 2	Number of Successful applicant (after rounding off)	Total No. of Shares allocated/ allotted	No. of Shares Surplus/ Deficit
2000	13	22.03	26000	0.72	15409	1185.31	1000	1	1	13	13000	(2409)
							1000	2	13		2000	2000
3000	5	8.47	15000	0.42	8890	1778.00	1000	1	1	5	5000	(3890)
							1000	4	5		4000	4000
4000	9	15.25	36000	1.00	21335	2370.56	2000	1	1	9	18000	(3335)
							1000	1	3		3000	3000
5000	3	5.08	15000	0.42	8890	2963.33	3000	1	1	3	9000	110
7000	2	3.39	14000	0.39	8297	4148.50	4000	1	1	2	8000	(297)
8000	2	3.39	16000	0.45	9482	4741.00	5000	1	1	2	10000	518
10000	5	8.47	50000	1.39	29632	5926.40	6000	1	1	5	30000	368
20000	2	3.39	40000	1.11	23706	11853.00	12000	1	1	2	24000	294
31000	1	1.69	31000	0.86	18372	18372.00	18000	1	1	1	18000	(372)
35000	2	3.39	70000	1.95	41485	20742.50	21000	1	1	2	42000	515
36000	3	5.08	108000	3.01	64006	21335.33	21000	1	1	3	63000	(1006)
							1000	1	3		1000	1000
70000	3	5.08	210000	5.85	124455	41485.00	41000	1	1	3	123000	(1455)
							1000	1	3		1000	1000
80000	1	1.69	80000	2.23	47412	47412.00	47000	1	1	1	47000	(412)
91000	1	1.69	91000	2.54	53931	53931.00	54000	1	1	1	54000	69
108000	1	1.69	108000	3.01	64006	64006.00	64000	1	1	1	64000	(6)
132000	1	1.69	132000	3.68	78229	78229.00	78000	1	1	1	78000	(229)
214000	1	1.69	214000	5.96	126826	126826.00	127000	1	1	1	127000	174
215000	1	1.69	215000	5.99	127419	127419.00	127000	1	1	1	127000	(419)
285000	1	1.69	285000	7.94	168903	168903.00	169000	1	1	1	169000	97
762000	1	1.69	762000	21.23	451594	451594.00	452000	1	1	1	452000	406
1071000	1	1.69	1071000	29.84	634721	634721.00	635000	1	1	1	635000	279
TOTAL	59	100	3589000	100	2127000					59	2127000	0.00

The Board of Directors of the Company at its meeting held on May 16, 2018 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz. National Stock Exchange of India Limited and has authorized the corporate action for the transfer of the Equity Shares to various successful applicants. The CAN and allotment advice and/or notices will be dispatched to the address of the Applicants as registered with the depositories on or before May 19,2018. Further, the instructions to Self Certified Syndicate Banks for unblocking the amount are being processed on or prior to May 17, 2018. In case the same is not received within four working days, investors may contact Registrar 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 NSE Emerge Platform within six working days from the date of the closure of the Issue.
Note: All capitalized terms used and not defined herein shall have the respective meaning assigned to them in the Prospectus dated May 01,2018 ('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
Bharat Tin Works Bldg, 1st Floor, Opp. Vasant Oasis Makwana Road,
Marol, (Andheri East), Mumbai - 4000059.
Tel: +91 22 62638200 | Fax: +91 22 62638299
E-mail: ipo@bigshareonline.com Website: www.bigshareonline.com
Contact Person: Mr. Ashok Shetty | SEBI Registration No.: INR000001385

Place: Delhi Date: May 17,2018	For FIVE CORE ELECTRONICS LIMITED On behalf of the Board of Directors Sd/- Managing Director

Five Core Electronics IPO Basis of Allotment FAQs

The IPO allocation is based on the subscription level and the investor category.

Refer to IPO allotment rules and methods for more details.

See the basis of allotment document above to know how the shares are allocated in Five Core Electronics IPO .

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

Visit the Five Core Electronics IPO allotment status page to check the number of shares allocated to your application.

In Five Core Electronics IPO allotment process, the registrar separates valid and invalid applications. The invalid applications with technical errors are rejected and only valid applications at or above the cut-off price are considered for allotment.

For more information, please refer to IPO Allotment Process and Basis of Allotment.

Check the Five Core Electronics IPO basis of allotment document to know how the shares are allocated in Five Core Electronics IPO.

Five Core Electronics IPO Basis of Allotment

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