Laxmi Cotspin IPO Basis of Allotment

LAXMI COTSPIN LIMITED
(CIN: U17120MH2005PLC156866)

Our Company was incorporated on October 07, 2005 as Mauli Cotspin Private Limited under the provisions of the Companies Act, 1956 with Certificate of Incorporation issued by the Registrar of Companies Maharashtra Mumbai on October 19,2005 with Registration Number 156866. Subsequently, the name of our Company was changed from Mauli Cotspin Private Limited to Laxmi Cotspin Private Limited and a Fresh Certificate of Incorporation was issued by the Registrar of Companies Maharashtra Mumbai on October 12,2007 bearing Corporate Identity Number (CIN) U17120MH2005PTC156866. Further, our Company was converted into a public limited company pursuant to special resolution passed at the Extra Ordinary General Meeting of our Company held on February 07, 2011 and the name of our Company was changed to Laxmi Cotspin Limited and a Fresh Certificate of Incorporation dated March 7, 2011 was issued by the Registrar of Companies Maharashtra Mumbai now bearing CIN U17120MH2005PLC156866. For details of changes in name and registered office of our Company, please refer to the section titled 'History and Certain Corporate matters' beginning on page 105 of the Prospectus.

Registered Office: GUT No. 399, Samangaon- Kajla Road, in front of Meenatai Thakare Vridhashram, Samangaon, Jalna- 431203, Maharashtra, India.
Tele. No.: +91 2482-257295/257222/ 257444; Fax No.: +91 2482-257200; Contact Person: Ms. Pooja Vijay Potdar, Company Secretary & Compliance Officer
E-mail: complianceofficerlaxmicotspin@gmail.com; Website: www.laxmicotspin.com;

PROMOTERS OF THE COMPANY: MR. SANJAY RATHI, MR. SHIVRATAN MUNDADA,
MR. BHAVESH PATEL, MR. RAJESH BANSAL AND ASHVA MULTI TRADE PRIVATE LIMITED

BASIS OF ALLOTMENT

The Equity Shares Offered through the Prospectus are proposed to be listed on the SME Platform of NSE. In terms of the Chapter XB of the SEBI (ICDR) Regulations, 2009, as amended and has received an approval letter dated November 18,2016 from NSE for using its name in this Offer Document for listing of our shares on the Emerge Platform of NSE. For the purpose of this Offer, the designated Stock Exchange will be the National Stock Exchange of India Limited ('NSE'). ('NSE EMERGE'). The trading is proposed to be commenced on or about March 31,2017, subject to receipt of listing and trading approvals from the NSE Limited.

The Offer is being made through the Fixed Price process wherein 50% of Net Offer of the Equity Share offered are reserved for allocation to Applicants below or equal to Rs 2.00 lakhs and the balance for higher amount Applications. The Offer comprises a Net Offer to Public of 45,60,000 Equity Shares of Rs 10 each ('the Net Offer'), and a reservation of 2,40,000 Equity Shares of Rs 10 each for subscription by the designated Market Maker ('the Market Maker Reservation Portion'). The Offer and the Net Offer will constitute 27.99% and 26.59%, respectively of the Post Offer Paid-up Equity Share Capital of the Company. Allocation to all categories shall be made on a proportionate basis subject to valid Applications received at the Offer Price. Under subscription, if any, in any of the categories, would be allowed to be met with spill-over from any of the other categories or a combination of categories at the discretion of our Company in consultation with the Lead Manager and Designated Stock Exchange. Such inter-se spill over, if any, would be affected in accordance with applicable laws, rules, regulations and guidelines. All Investors shall participate in this Issue only through the Application 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').

All Applicants were allowed to participate in the offer 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 offer has received 3656 applications for 2,72,04,000 Equity Shares resulting in 5.67 times subscription (including reserved portion of market maker). The details of the applications received in the offer (before technical rejections) are as follows: Detail of the Applications Received (Before Technical Rejection):