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October 30, 2014 - November 11, 2014

Jet Infraventure IPO Basis of Allotment

JET INFRAVENTURE LIMITED

Our Company was incorporated as 'Jet Info (India) Private Limited' under the Companies Act, 1956 and a Certificate of Incorporation dated September 27,2001 bearing registration number 133483 issued by the Assistant Registrar of Companies, Mumbai, Maharashtra. Further, the name of our Company was changed to 'Jet Infraventure Private Limited' and a Fresh Certificate of Incorporation pursuant to change of name dated July 30,2010 was issued. Subsequently, Certificate of Incorporation Consequent upon Conversion to Public Limited Company dated August 19,2014 was issued for conversion of our Company into a public limited company and the name of our Company was changed to 'Jet Infraventure Limited'. Our corporate identity number is U45400MH2001PLC133483. For further details of incorporation, changes of name and changes in Registered Office of our Company please refer to the chapters titled 'General Information' and 'History and Certain Corporate Matters' beginning on pages 52 and 112 respectively, of the Prospectus.

Registered Office: Office No.1, Nandanvan Business Centre, E-Wing, 1st Floor, Nandanvan Apartment, Kandivali Link Road, Kandivali West, Mumbai- 400067, Maharashtra, India. Tel. No.: +91 -22-28676233; Fax No.: +91 -22-28676233; Contact Person: Krunal Shah, Company Secretary and Compliance Officer.
Email: investors@jetinfra.com; Website: www.jetinfra.com

PROMOTERS OF OUR COMPANY: RAJUL SHAH, PRAM0DA SHAH AND RAJUL RAMESH SHAH HUF

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 3,60,000 EQUITY SHARES OF FACE VALUE OF RS. 10 EACH ("EQUITY SHARES") OF JET INFRAVENTURE LIMITED (THE "COMPANY" OR THE "ISSUER") FOR CASH AT A PRICE OF RS. 125 PER EQUITY SHARE, INCLUDING A SHARE PREMIUM OF RS. 115 PER EQUITY SHARE (THE "ISSUE PRICE"), AGGREGATING RS. 450.00 LACS ("THE ISSUE"), OF WHICH 18,000 EQUITY SHARES OF FACE VALUE OF RS. 10 EACH FOR CASH AT A PRICE OF RS. 125 PER EQUITY SHARE, AGGREGATING RS. 22.50 LACS WILL BE RESERVED FOR SUBSCRIPTION BY THE MARKET MAKER TO THE ISSUE (THE "MARKET MAKER RESERVATION PORTION"). THE ISSUE LESS MARKET MAKER RESERVATION PORTION I.E. ISSUE OF 3,42,000 EQUITY SHARES OF FACE VALUE OF RS. 10 EACH FOR CASH AT A PRICE OF RS. 125 PER EQUITY SHARE, AGGREGATING RS. 427.50 LACS IS HEREINAFTER REFERED TO AS THE "NET ISSUE". THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 34.35% AND 32.63% RESPECTIVELY OF THE FULLY DILUTED POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY.

In terms of Prospectus dated October 20,2014 and as per Regulation 43 (4) of SEBI (ICDR) Regulations, 2009 wherein a minimum of 50% of the Net Offer to Public shall initially be made available to Retail Individual Investors. The balance net offer of shares to the public shall be made available tor allotment to a) individual applicants other than retail investors and b) other investors including corporate bodies / institutions irrespective of no. of shares applied for. The unsubscribed portion of the net offer to any one of the categories specified in (a) or (b) shall/may be made available tor allocation in any other category, if so required.

Explanation: for the purpose of Regulation 43 (4) of SEBI (ICDR) Regulations, 2009, if the retail individual investor is entitled to more than 50 percent, on proportionate basis, the retail individual investors shall be allocated that higher percentage.

THE FACE VALUE OF THE EQUITY SHARES IS RS. 10 EACH AND THE ISSUE PRICE OF RS.125.00

IS 12.5 TIMES OF THE FACE VALUE OF THE EQUITY SHARES.

ISSUE OPENED ON: THURSDAY, 30TH OCTOBER, 2014 � CLOSED ON: TUESDAY, 11TH NOVEMBER, 2014

The Equity Shares offered through the Prospectus are proposed to be listed on the SME platform of BSE Limited ("BSE") in terms of the chapter XB of the SEBI (ICDR) Regulations, 2009 as amended from time to time, the Company is not required to obtain an in-principle approval for the shares being offered in the Issue. However, the Company has received an approval letter dated October 14,2014 from BSE for using its name in the Prospectus for listing of our Shares on BSE. The designated stock exchange is 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 184 applications tor 492000 Equity Shares (including Market Maker Application of 18000 Equity Shares) resulting 1.37 times subscription. After considering, Cheque Returns, Withdrawals and Technical/Multiple Rejection cases, the Issue was subscribed 1.28 times (including the Market Maker Portion).

The details of the applications received (Before Technical Rejection & withdrawal of application but after cheque returns)

CATEGORY NUMBER OF APPLICATIONS NUMBER OF EQUITY SHARES SUBSCRIPTION
Market Maker 1 18000 1
Other than Retail Investor's 45 336000 1.96
Retail Individual Investor's 138 138000 0.81
Total 184 492000 1.37

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

CATEGORY NUMBER OF APPLICATIONS NUMBER OF EQUITY SHARES
Market Maker Nil Nil
Other than Retail Investor's 4 28000
Retail Individual Investor's 3 3000
Total 7 31000

The details of the Applications Received (After Technical Rejection & withdrawal):

CATEGORY NUMBER OF APPLICATIONS NUMBER OF EQUITY SHARES SUBSCRIPTION
Market Maker 1 18000 1
Other than Retail Investor's 41 308000 1.80
Retail Individual Investor's 135 135000 0.79
Total 177 461000 1.28

ALLOCATION: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - BSE Limited on 18/11/14.

A. Allocation to Market Maker (After Technical Rejections & Withdrawal): The Basis of Allotment to the Market Maker, at the issue price of Rs. 125.00 per Equity Share, was finalized in consultation with BSE. The category was subscribed by 1.00 times. The total number of shares allotted in this category is 18000 Equity shares in full, out of reserved portion of 18000 Equity Shares.

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. 125.00 per Equity Share, was finalized in consultation with BSE. The category was subscribed by 0.79 times. Total number of shares allotted in this category is 135000 Equity Shares. The category wise basis of allotment is as under:

No. of Shares Applied for (Category wise) No. Of Applications received % to total Total No. of Equity Shares applied % of total Proportionate Shares Available Allocation per Applicant Ratio of Allottees to the Applicants Total No. of Equity Shares allotted Surplus
1000 135 100 135000 100 171000 1000 1:1 135000 -36000

Allocation to Other than Retail Individual Investors (After Technical Rejections and Withdrawals): The Basis of Allotment to Other than Retail Individual Investors, at the issue price of Rs. 125.00 per Equity Share, was finalized in consultation with BSE. The category was subscribed by 1.80 times including spill over 36000 equity shares from Retail individual Investors category. The total number of shares allotted in this category is 207000 Equity Shares to 41 successful applicants on proportionate basis. The category wise basis of allotment is as under:

No. of Shares Applied for (Categorywise) No. of Applications received % to
total
Total No. of Equity Shares applied % of
total
Proportionate Shares Available Allocation
per Applicant (Before Rounding Off)
Allocation per Applicant (After Rounding Off) Ratio of Allottees to the Applicants Total No. of Equity Shares allotted Surplus / Deficit
2000 16 39.02 32000 10.39 21506 1344.16 1000 1:1 16000 -5506
2000 1000 1:2 8000 8000
3000 2 4.88 6000 1.95 4032 2016.23 2000 1:1 4000 -32
4000 5 12.2 20000 6.49 13442 2688.31 3000 1:1 15000 1558
5000 1 2.44 5000 1.62 3360 3360.39 3000 1:1 3000 -360
6000 1 2.44 6000 1.95 4033 4032.47 4000 1:1 4000 -33
8000 6 14.63 48000 15.58 32260 5376.62 5000 1:1 30000 -2260
12000 3 7.32 36000 11.69 24195 8064.94 8000 1:1 24000 -195
16000 2 4.88 32000 10.39 21506 10753.25 11000 1:1 22000 494
20000 2 4.88 40000 12.99 26883 13441.56 13000 1:1 26000 -883
23000 1 2.44 23000 7.47 15458 15457.79 15000 1:1 15000 -458
30000 2 4.88 60000 19.48 40325 20162.34 20000 1:1 40000 -325

The Board of Directors of the Company vide circular resolution dated 19/11/14 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz. BSE Limited and authorized corporate action for allotment of share in dematerialized form to various successful applicants.

The CAN-cum-Refund Orders and allotment advice and/or notices are being dispatched to the address of the Applicants as registered with the depositories / as filed in the application torm on or betore 20/11/14. Further, the instructions to SCSBs has been processed on 19/11/14. 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 within Twelve working days from the date of the closure of the Issue. The trading is proposed to commence on or betore 25/11/14 subject to receipt of listing and trading approvals from BSE Limited.

INVESTORS PLEASE NOTE

The details of the allotment made would also be hosted on the website of the Registrar to the Issue at www.bigshareonline.com. All future correspondence in this regard may kindly be addressed to the Registrar quoting full name of the First/ Sole applicant, 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, Ansa Industrial Estate,
Saki Vihar Road, Saki Naka, Andheri (East), Mumbai 400 072.
Tel.: +91-22-40430200; Fax: +91-22-28475207;
Email: ipo@bigshareonline.com; Website: www.bigshareonllne.com

Date : 20/11/2014

Place: Mumbai

For JET INFRAVENTURE LIMITED
On behalf of the Board of Directors
sd/-
Managing Director

THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE EQUITY SHARES ON LISTING OR THE BUSINESS PROSPECTS OF JET INFRAVENTURE LIMITED.

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

Jet Infraventure IPO Basis of Allotment FAQs

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

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

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