August 9, 2017 - August 11, 2017

Lexus Granito IPO Basis of Allotment

^{LEXUS GRANITO (INDIA) LIMITED}

Our Company was originally formed and registered as a partnership firm at Morbi, Gujarat under the Indian Partnership Act, 1932 in the name of 'M/S Vitco Vitrified' pursuant to a Deed of Partnership/Co-parcenery dated May 05, 2008. 'M/S Vitco Vitrified' was then converted into a Joint Stock Company under part IX of the Companies Act, 1956 under the name of 'Vitco Vitrified Private Limited' vide Certificate of Incorporation dated May 08, 2008 issued by Registrar of Companies, Gujarat, Dadra and Nagar Havelli bearing Corporate Identification Number U26914GJ2008PTC053838. Subsequently the name of company was changed to 'Lexus Granito (India) Private Limited' and a fresh Certificate of Incorporation pursuant to change of name was issued by Registrar of Companies, Gujarat, Dadra and Nagar Havelli on June 26, 2010. Subsequently, Our company was converted into Public Company pursuant to shareholders resolution passed at the Extraordinary General Meeting held on April 13, 2017 and name of company was changed to 'Lexus Granito (India) Limited' pursuant to issuance of fresh Certificate of Incorporation dated April 28, 2017 by Registrar of Companies, Ahmedabad. The Corporate Identification Number of our company is U26914GJ2008PLC053838. For details of incorporation, change of name and registered office of our Company, please refer to chapter titled 'General Information' and 'Our History and Certain Other Corporate Matters' beginning on page 72 and 170 respectively of the Prospectus.

Registered Office: Survey No. 800,0pp. Lakhdhirpur Village, Lakhdhirpur Road, N. H. 8A, Tal. Morbi, Lakhdhirpur, Rajkot - 363642, Gujarat, India;
Tel No.: +91 7567500110; Fax No.: Not Available E-mail: info@lexustile.com ; Website: www.lexustile.com ; Contact Person: payal Jain, Company Secretary and Compliance officer

PROMOTERS OF OUR COMPANY: NILESH DETROJA, HITESH DETROJA, ANILKUMAR DETROJA & PAVAN BLACKROCK PRIVATE LIMITED

BASIS OF ALLOTMENT

INITIAL PUBLIC OFFER CONSISTING OF FRESH ISSUE OF 57,60,000 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH FULLY PAID FOR CASH AT A PRICE OF RS. 45 PER EQUITY SHARE (THE 'ISSUE PRICE') (INCLUDING A SHARE PREMIUM OF RS. 35 PER EQUITY SHARE) AGGREGATING RS. 2592.00 LAKHS (THE 'ISSUE'), OF WHICH 3,00,000 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH FOR CASH AT A PRICE OF RS. 45/- PER EQUITY SHARE, AGGREGATING RS. 135.00 LAKHS 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 54,60,000 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH FOR CASH AT A PRICE OF RS. 45/- PER EQUITY SHARE, AGGREGATING RS. 2457.00 LAKHS IS HEREINAFTER REFERRED TO AS THE 'NET ISSUE'. THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 30.00% AND 28.45% RESPECTIVELY OF THE FULLY DILUTED POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY.

Risks to Investors:

I. As on date of the Prospectus, the average cost of acquisition per Equity Share by our Promoters viz. Pavan Blackrock Private Limited is Rs.12.71, Anilkumar Detroja is Rs. 34.61, Nilesh Detroja is Rs. 21.28 and Hitesh Detroja is Rs. 19.89.
In terms of Prospectus dated August 14,2017 and as per SEBI (ICDR) Regulations, 2009 wherein

A. minimum of 30% of Net Issue shall be allocated to QIBs. However, 84,000 Equity shares consisting of 5.12% the QIB Portion shall be available for allocation proportionately to Mutual fund,

B. 35% of the Net Issue shall be allocated to Retail Individual Investors and Non-Institutional Investors respectively.

All Investors have participated in this offer through ASBA process. For details in this regards, specific attention is invited to chapter Issue Procedure' on page 304 of the Prospectus.

THE FACE VALUE OF EQUITY SHARES IS RS. 10/- EACH.
THE ISSUE PRICE IS RS. 45/-AND IS 4.5 TIMES THE FACE VALUE OF THE EQUITY SHARES
ISSUE OPENED ON: WEDNESDAY, AUGUST 09, 2017 AND CLOSED ON: FRIDAY, AUGUST 11, 2017

The Equity Shares of our Company issued through the Prospectus are proposed to be listed on the EMERGE Platform of National Stock Exchange of India Limited ('NSE EMERGE'). In terms of the Chapter XB of the SEBI (ICDR) Regulations, 2009 as amended from time to time. Our Company has received an approval letter dated July 17,2017 from NSE EMERGE for using its name in the Issue document for listing of our shares on the EMERGE Platform of National Stock Exchange of India Limited. For the purpose of this Issue, EMERGE Platform of the National Stock Exchange of India Limited shall be the Designated Stock Exchange.

SUBSCRIPTION DETAILS

The Issue has received 25,485 applications for 20,48,88,000 Equity shares (Before Technical Rejections, bids not banked and invalid duplicate bids) including Market Maker Application of 3,00,000 Equity Shares. The issue was subscribed to the extent of 35.46 times as per the application data (before technical rejection, bids not banked and invalid duplicate bids). After considering the technical rejections cases, the issue was subscribed 34.90 times.
The details of application received (Before Technical Rejection but after bids not banked and invalid duplicate bids and application banked, bid not registered)

CATEGORY	NUMBER OF APPLICATIONS	NUMBER OF EQUITY SHARES	SUBSCRIPTION
Market Maker	1	3,00,000	1.00
QIB	5	50,04,000	3.05
Other than Retail Individual Investor's	419	12,36,09,000	64.68
Retail Individual Investor's	24,559	7,36,77,000	38.55
TOTAL	24,984	20,25,90,000	35.17

Final Demand

Sr.No.	Bid Price	No. of Equity Shares Bid for	% to total	Cumulative total	% of Cumulative total
1.	41	1,44,000	0.07	1,44,000	0.07
2.	42	6,000	0.00	1,50,000	0.07
3.	43	27,000	0.01	1,77,000	0.08
4.	44	9,000	0.00	1,86,000	0.09
5.	45	18,43,44,000	90.25	18,45,30,000	90.34
	CUT-OFF	1,97,28,000	9.66	20,42,58,000	100.00
	Total	20,42,58,000	100.00

ALLOCATION: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - EMERGE Platform of the National Stock Exchange of India Limited on August 18, 2017

A. Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the issue price of Rs. 45/- per Equity Share, was finalized in consultation with National Stock Exchange of India Limited. The category was subscribed by 1.00 times. The total number of shares allotted in this category is 3,00,000 Equity shares in full out of reserved portion of 3,00,000 Equity Shares.

B. Allocation to Qualified Institutional Investors (After Technical Rejections): The Basis of Allotmentto the Qualified Institutional Investors, at the issue price of Rs. 45/- per Equity Share, was finalized in consultation with National Stock Exchange of India Limited. The category was subscribed by 3.05 times. The total number of shares allotted in this category is 16,38,000 Equity shares in full out of reserved portion of 16,38,000 Equity Shares.

No. of Shares Applied for (Category wise)	No. of Applications received	% to total	Total No. of Equity Shares applied	% to 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)
4,20,000	1	20.00	4,20,000	8.39	1,37,482	1,37,482.01	1,38,000	1:1	1,38,000	518
7,77,000	1	20.00	7,77,000	15.53	2,54,342	2,54,341.73	2,55,000	1:1	2,55,000	658
9,21,000	1	20.00	9,21,000	18.41	3,01,478	3,01,487.42	3,00,000	1:1	3,00,000	-1478
11,10,000	1	20.00	11,10,000	22.18	3,63,345	3,63,345.32	3,63,000	1:1	3,63,000	-345
17,76,000	1	20.00	17,76,000	35.49	5,81,353	5,81,352.52	5,82,000	1:1	5,82,000	647

C. Allocation to Retail Individual Investors (After Technical Rejections): The Basis of Allotment to the Retail Individual Investors, at the issue price of Rs. 45/- per Equity Share, was finalized in consultation with National Stock Exchange of India Limited. The category was subscribed by 37.93 times. Total number of shares allotted in this category is 19,11,000 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	% to 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)
3,000	24,163	100	7,24,89,000	100	19,11,000	79.09	3,000	637:24163	19,11,000	0

D. Allocation to Other than Retail Individual Investor (After Technical Rejection): The Basis of Allotmentto other than Retail Individual Investors, atthe issue price of Rs 72/-per Equity Share, was finalized in consultation with National Stock Exchange of India Limited. The category was subscribed by 64.48 times. Total number of shares allotted in this category is 19,11,000 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	% to 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)
6,000	117	28.89	7,02,000	0.57	10,887	93.05	3,000	3:117		9,000	1,887
9,000	44	10.86	3,96,000	0.32	6,141	139.57	3,000	2:44		6,000	-141
12,000	33	8.15	3,96,000	0.32	6141	186.09	3,000	2:33		6,000	-141
15,000	24	5.93	3,60,000	0.29	5,583	232.62	3,000	2:24		6,000	417
18,000	19	4.69	3,42,000	0.28	5,304	279.14	3,000	2:19		6,000	696
21,000	5	1.23	1,05,000	0.09	1,628	325.66	3,000	1:5		3,000	1,372
24,000	2	0.49	48,000	0.04	744	372.19	3,000	1:2		3,000	2,256
27,000	6	1.48	1,62,000	0.13	2,512	418.71	3,000	1:6		3,000	488
30,000	9	2.22	2,70,000	0.22	4,187	465.24	3,000	1:9		3,000	-1,187
33,000	4	0.99	1,32,000	0.11	2,047	511.76	3,000	1:4		3,000	953
36,000	8	1.98	2,88,000	0.23	4,466	558.28	3,000	1:8		3,000	-1,466
39,000	5	1.23	1,95,000	0.16	3024	604.81	3,000	1:5		3,000	-24
42,000	4	0.99	1,68,000	0.14	2,605	651.33	3,000	1:4		3,000	395
45,000	3	0.74	1,35,000	0.11	2,094	697.85	3,000	1:3		3,000	906
48,000	1	0.25	48,000	0.04	744	744.38	3,000	1:1	3,000			2,256
51,000	2	0.49	1,02,000	0.08	1,582	790.90	3,000	1:2	3,000			1,418
54,000	3	0.74	1,62,000	0.13	2,512	837.42	3,000	1:3	3,000			488
57,000	2	0.49	1,14,000	0.09	1,768	883.95	3,000	1:2	3,000			1,232
60,000	4	0.99	2,40,000	0.19	3,722	930.47	3,000	1:4	3,000			-722
63,000	1	0.25	63,000	0.05	977	976.99	3,000	1:1	3,000			2,023
66,000	3	0.74	1,98,000	0.16	3,071	1,023.52	3,000	1:3	3,000			-71
69,000	4	0.99	2,76,000	0.22	4,280	1,070.04	3,000	1:4	3,000			-1,280
72,000	2	0.49	1,44,000	0.12	2233	1,116.56	3,000	1:2	3,000			767
75,000	4	0.99	3,00,000	0.24	4,652	1,163.09	3,000	1:4	6,000			1,652
81,000	1	0.25	81,000	0.07	1,256	1,256.13	3,000	1:1	3,000			1,744
90,000	3	0.74	2,70,000	0.22	4,187	1,395.71	3,000	1:3	3,000			-1,187
93,000	1	0.25	93,000	0.08	1,442	1,442.23	3,000	1:1	3,000			1,558
96,000	1	0.25	96,000	0.08	1,489	1,488.75	3,000	1:1	3,000			1,511
99,000	5	1.23	4,95,000	0.40	7,676	1,535.28	3,000	2:5	9,000			1,676
1,02,000	1	0.25	1,02,000	0.08	1,582	1,581.80	3,000	1:1	3,000			1,418
1,05,000	1	0.25	1,05,000	0.09	1,628	1,628.32	3,000	1:1	3,000			1,372
1,11,000	3	0.74	3,33,000	0.27	5,164	1,721.37	3,000	2:3	6,000			836
1,20,000	2	0.49	2,40,000	0.19	3,722	1,860.94	3,000	1:2	3,000			-722
1,23,000	1	0.25	1,23,000	0.10	1,907	1,907.46	3,000	1:1	3,000			1,093
1,29,000	2	0.49	2,58,000	0.21	4,001	2,000.51	3,000	1:2	3,000			-1,001
1,32,000	3	0.74	3,96,000	0.32	6,141	2,047.03	3,000	2:3	6,000			-141
1,35,000	1	0.25	1,35,000	0.11	2,094	2,093.56	3,000	1:1	3,000			906
1,44,000	1	0.25	1,44,000	0.12	2,233	2,233.13	3,000	1:1	3,000			767
1,50,000	1	0.25	1,50,000	0.12	2,326	2,326.18	3,000	1:1	3,000			674
1,53,000	1	0.25	1,53,000	0.12	2,373	2,372.70	3,000	1:1	3,000			627
1,74,000	1	0.25	1,74,000	0.14	2,698	2,698.36	3,000	1:1	3,000			302
1,89,000	3	0.74	5,67,000	0.46	8,793	2,930.98	3,000	1:1	9,000			207
1,92,000	1	0.25	1,92,000	0.16	2,978	2,977.51	3,000	1:1	3,000			22
2,01,000	1	0.25	2,01,000	0.16	3,117	3,117.08	3,000	1:1	3,000			-117
2,22,000	5	1.23	11,10,000	0.90	17,214	3,442.74	3,000	1:1	15,000			-2,214
2,25,000	2	0.49	4,50,000	0.37	6,979	3,489.26	3,000	1:1	6,000			-979
2,28,000	1	0.25	2,28,000	0.19	3,536	3,535.79	3,000	1:1	3,000			-536
2,43,000	1	0.25	2,43,000	0.20	3,768	3,768.40	3,000	1:1	3,000			-768
2,49,000	1	0.25	2,49,000	0.20	3,861	3,861.45	3,000	1:1	3,000			-861
2,55,000	2	0.49	5,10,000	0.41	7,909	3,954.50	3,000	1:1	6,000			-1,909
2,61,000	1	0.25	2,61,000	0.21	4,048	4,047.55	3,000	1:1	3,000			-1,048
2,70,000	1	0.25	2,70,000	0.22	4,187	4,187.12	3,000	1:1	3,000			-1,187
3,00,000	3	0.74	9,00,000	0.73	13,957	4,652.35	6,000	2:3	12,000			-1,957
3,21,000	1	0.25	3,21,000	0.26	4,978	4,978.02	6,000	1:1	6,000			1,022
3,24,000	1	0.25	3,24,000	0.26	5,025	5,024.54	6,000	1:1	6,000			975
3,27,000	2	0.49	6,54,000	0.53	10,142	5,071.06	6,000	1:1	12,000			1,858
3,45,000	1	0.25	3,45,000	0.28	5,350	5,350.20	6,000	1:1	6,000			650
3,93,000	1	0.25	3,93,000	0.32	6,095	6,094.58	6,000	1:1	6,000			-95
4,41,000	1	0.25	4,41,000	0.36	6,839	6,838.96	6,000	1:1	6,000			-839
4,44,000	5	1.23	22,20,000	1.80	34,427	6,885.48	6,000	1:1	30,000			-4,427
4,50,000	1	0.25	4,50,000	0.37	6,979	6,978.53	6,000	1:1	6,000			-979
4,65,000	1	0.25	4,65,000	0.38	7,211	7,211.15	6,000	1:1	6,000			-1,211
5,40,000	1	0.25	5,40,000	0.44	8,374	8,374.23	9,000	1:1	9000			626
6,45,000	1	0.25	6,45,000	0.52	10,003	10,002.56	9,000	1:1	9,000			-1,003
6,60,000	1	0.25	6,60,000	0.54	10,235	10,235.17	9,000	1:1	9,000			-1,235
6,63,000	1	0.25	6,63,000	0.54	10,282	10„281.70	9,000	1:1	9,000			-1,282
6,66,000	2	0.49	13,32,000	1.08	20,656	10,328.22	9,000	1:1	18,000			-2,656
7,32,000	1	0.25	7,32,000	0.59	11,352	11,351.74	12,000	1:1	12,000			648
7,50,000	1	0.25	7,50,000	0.61	11,631	11,630.88	12,000	1:1	12,000			369
9,87,000	1	0.25	9,87,000	0.80	15,306	15,306.24	15,000	1:1	15,000			-306
16,65,000	3	0.74	49,95,000	4.05	77,462	25,820.55	27,000	1:1	81,000			3,538
22,20,000	2	0.49	44,40,000	3.60	68,855	34,427.40	36,000	1:1	72,000			3,145
33,33,000	1	0.25	33,33,000	2.70	51,688	51,687.63	51,000	1:1	51,000			-688
44,40,000	1	0.25	44,40,000	3.60	68,855	68,854.81	69,000	1:1	69,000			145
44,43,000	1	0.25	44,43,000	3.61	68,901	68,901.33	69,000	1:1	69,000			99
48,00,000	1	0.25	48,00,000	3.90	74,438	74,437.63	75,000	1:1	75,000			562
54,60,000	13	3.21	7,09,80,000	57.60	11,00,746	84,672.80	84,000	1:1	10,92,000			-8,746
54,60,000	13	3.21	7,09,80,000	57.60	11,00,746	84,672.80	3,000	2:13	6,000			6,000

The Board of Directors of the Company at its meeting held on August 19,2017 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 authorized corporate action for allotment of shares in dematerialized form to various successful applicants. The CAN and allotment advice and/or notices shall be dispatched to the address of the Applicants as registered with the depositories/ as filled in the application form on or before August 22,2017. Further, the instructions to SCSBs shall be issued on August 19,2017 for unblocking of funds. 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. In case the same is not received within prescribed time, Investors may contact the registrarto the Issue atthe address given below. The Company is taking steps to get the Equity Shares admitted for trading on the EMERGE Platform of the National Stock Exchange of India Limited within six working days from the date of the closure of the Issue. The trading is proposed to commence on or before August 23, 2017 subject to receipt of listing and trading approvals from NSE.

INVESTORS PLEASE NOTE

The details of the allotment made will be hosted on the website of the Registrarto 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
1 st Floor, Bharat Tin Works Building, Opp. Vasant Oasis, Makwana Road, Marol, Andheri East, Mumbai - 400 059, Maharashtra, India;
Tel: +91 22 62638200; Fax: +91 22 62638299 Email: ipo@bigshareonline.com; Website: www.bigshareonline.com
Investor Grievance Id: investor@bigshareonline.com Contact Person: Srinivas Dornala; SEBI Registration No.: INR000001385

Date: August 19,2017 Place: Morbi, Gujarat	For Lexus Granito (India) Limited On behalf of the Board of Directors Sd/- Anilkumar Detrja Managing Director

Lexus Granito IPO Basis of Allotment FAQs

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

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

Visit the Lexus Granito IPO allotment status page to check the number of shares allocated to your application.

Lexus Granito IPO Basis of Allotment

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