Madhya Pradesh Today IPO Basis of Allotment

MADHYA PRADESH TODAY MEDIA LIMITED
Corporate Identification Number: U22120MP2010PLC024758

Our Company was originally incorporated as Madhya Pradesh Today Media Private Limited on November 18.2010 under the provisions of the Companies Act. 1956 in the State of Madhya Pradesh. Subsequently the constitution of our Company was changed to a Public Limited Company and the name was changed in to "Madhya Pradesh Today Media Limited' vide fresh certificate of incorporation dated July 05,2017 issued by the Registrar of Companies. Gwalior. Madhya Pradesh.

Registered Office: Plot No. 5, Press Complex, Zone -1, M.p. Nagar, Bhopal - 462011. Madhya Pradesh.
Corporate Office: 178. Bhakt Prahlad Nagar. Near Gangwal Bus Stand. Opposite M.O.G. Lines, Indore-452 006. | Telephone: +91 75530 95500
E-mail: admin@pradeshtoday.org ! Website: www.pradeshtoday.com | Contact Person: Mr Anuj Agrawal. Company Secretary / Compliance Officer

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 21.46.500 EQUITY SHARES OF FACE VALUE OF RS 10 EACH FULLY PAID UP OF MPTML' OR THE COMPANY' OR THE ISSUER" FOR CASH AT A PRICE OF RS 66 PER EQUITY SHARE (THE "ISSUE PRICE") (INCLUDING SHARE PREMIUM OF RS 56 PER EQUTTY SHARE) AGGREGATING RS 1416 69 LAKHS (THE 'ISSUE") BY OUR COMPANY OF WHICH 1,08,000 EQUITY SHARES OF FACE VALUE OF RS 10 EACH FULLY PAID UP 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 20,38,500 EQUITY SHARES OF FACE VALUE OF RS 10 EACH FULLY PAID UP IS HEREINAFTER REFERRED TO AS THE "NET ISSUE''. THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 47.01% AND 44.64% RESPECTIVELY OF THE POST ISSUE PAID UP EQUITT SHARE CAPITAL OF THE COMPANY.

THE FACE VALUE OF THE EQUITY SHARES IS RS 10 EACH.
THE ISSUE PRICE IS RS 66. THE ISSUE PRICE IS 6.6 TIMES THE FACE VALUE.
ISSUE OPENED ON TUESDAY, SEPTEMBER 19 AND CLOSED ON THURSDAY, SEPTEMBER 21, 2017.

The Equity Shares offered through the Prospectus the proposed to be listed on the NSE Emerge Platform ("NSE"). In terms of the Chapter XB of the SEBI (ICDR) Regulations, 2009, as amended from time to time, The Company has received an in-principle approval letter dated July 18, 2017 from NSE for using its name in the offer documenl for listing of its Shanes on NSE Emerge Platlorm.
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 Friday. September 29, 2017, subject to receipl of listing and trading approvals Irom the National Stock Exchange of India Limited.
All Applicants participated in the Issue through  APPLICATIONS SUPPORTED BY. BLDCKED 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 968 applications for 6286000 Equity Shares resulting in 2.93 times subscription (including reserved portion of Market Maker). The details of the applications received In the Issue (before technical rejections) are as follows:
Details of the Applications Received (Before Technical Rejection):

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

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

Due to rounding off additional 750 shares are sllotted in Retail Investor category and Non Retail Investor category each.
Allocation: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - National Stock Exchange of India Limited on September 26,2017.
A. Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the issue price of Rs 66 per Equity Share, was finalized in consultation with NSE. The category was subscribed by 1 time. The total number of shares allotted in this category is 108000 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 66 per Equily Share, was finalized in consultation with NSE. The category was subscribed by 1,70 times. The total number of shares allotted in this category is 1020000 Equity Shares to 510 successful applicants.
The Category-wise details of the Basis of Allotment are as under;

C. Allocation to Other than Retail Individual Investors (After Technical Rejections):The Basis of Allotment to Other than Retail Individual Investors, at the issue price of Rs 66 per Equity Share, was finalized in consultation with NSE. The category was subscribed by 2.97 times. The total number of shares allotted in this category is 1020000 Equity Shares to 8 successful applicants.
The Category-wise details of the Basis of Allotment are as under:

The Board of Directors of the Company at its meeting held on September 27.2017 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 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 Applicant as registered with the depositories on or before September 29-, 2017. Further, the instructions to Self-Certified Syndicate Banks for unblocking the amount are being processed on Or prior to September 28. 2017. 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 taxing 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 September 08,2017   ("Prospectus").

INVESTORS PLEASE NOTE

The details of the allotment made would also be hosted on the website of the Registrar to the issue. BIGSHRARE 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 S. Shetty SEBI Registration No.: INR000001385