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September 28, 2016 - October 3, 2016

Nandani Creation IPO Basis of Allotment

NANDANI CREATION LIMITED

Our Company was incorporated as 'Nandani Creation Private Limited' at Jaipur, Rajasthan as a Private Limited Company under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated February 21,2012 bearing Corporate Identification Number U18101RJ2012PTC037976 issued by Registrar of Companies, Rajasthan. Subsequently, our Company was converted into Public Limited Company under Section 18 of the Companies Act, 2013; pursuant to Shareholders resolution passed at the Extraordinary General Meeting held on August 03, 2016 and the name of our Company was changed to 'Nandani Creation Limited' and a fresh Certificate of Incorporation consequent upon conversion from Private Limited Company to Public Limited Company dated August 12,2016 was issued by the Registrar of Companies, Jaipur. The Corporate Identification Number of our Company is U18101RJ2012PLC037976.For details of Incorporation, Change of Name and Registered Office of our company, please refer to chapter titled 'Our History and Certain Other Corporate Matters' beginning on page 160 of the Prospectus.

Registered Office: F-95, Kartarpura Industrial Area, Near 22 Godam, Jaipur- 302006, Rajasthan, India
Tel No.: +91 141 403 7596; Fax No.: Not Available; E-mail: info@jaipurkurti.com; Website: www.jaipurkurti.com
Corporate Identification Number: U18101RJ2012PLC037976; Contact Person: Priya Kshtriya, Company Secretary and Compliance Officer

PROMOTERS OF OUR COMPANY: VANDNA MUNDRA AND ANUJ MUNDRA

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 14,44,000 EQUITY SHARES OF FACE VALUE OF RS. 10 EACH ('EQUITY SHARES') OF NANDANI CREATION LIMITED (THE'TOMPANY' OR THE 'ISSUER') FOR CASH AT A PRICE OF RS. 28 PER EQUITY SHARE, INCLUDING A SHARE PREMIUM OF RS. 18 PER EQUITY SHARE (THE 'ISSUE PRICE'), AGGREGATING RS. 404.32 LAKHS ('THE ISSUE'), OF WHICH 76,000 EQUITY SHARES OF FACE VALUE RS. 10/- EACH FOR CASH AT A PRICE OF RS. 28 PER EQUITY SHARE, AGGREGATING RS. 21.28 LAKHS WILL BE RESERVED FOR SUBSCRIPTIONS BY THE MARKET MAKER TO THE ISSUE (THE 'MARKET MAKER RESERVATION PORTION'). THE ISSUE LESS MARKET MAKER RESERVATION PORTION I.E. ISSUE OF 13,68,000 EQUITY SHARES OF FACE VALUE OF RS. 10 EACH FOR CASH AT A PRICE OF RS. 28 PER EQUITY SHARE, AGGREGATING RS. 383.04 LAKHS IS HEREINAFTER REFERRED TO AS THE 'NET ISSUE'. THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 48.96% AND 46.38% RESPECTIVELY OFTHE FULLY DILUTED POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY.

In terms of Prospectus dated September 22,2016 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.
(b) the balance net offer of shares to the public shall be made available for allotment to
(i) individual applicants other than retail investors and
(ii) other investors including corporate bodies / institutions irrespective of no. of shares applied for.
(c) the unsubscribed portion of the net offer to any one of the categories specified in (a) or (b) shall/may be made available for 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 fifty percent, on proportionate basis, the retail individual investors shall be allocated that higher percentage. 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 256 of the Prospectus.

THE FACE VALUE OF THE EQUITY SHARES IS RS. 10 EACH AND THE ISSUE PRICE OF RS. 28 IS 2.8 TIMES OF THE FACE VALUE OF THE EQUITY SHARES. ISSUE OPENED ON SEPTEMBER 28,2016 AND CLOSED ON OCTOBER 03, 2016.

The Equity Shares offered through the Prospectus are proposed to be listed on the EMERGE platform of the National Stock Exchange of India Limited ('NSE EMERGE'). In terms of the Chapter XB of the SEBI (ICDR) Regulations, as amended from time to time. We are not required to obtain an in-principle approval for the shares being offered in this Issue. However, the Company has received an approval letter dated September 20,2016 from NSE for using its name in the offer Document for listing of our Shares on EMERGE platform of the National Stock Exchange of India Limited. The designated stock exchange is EMERGE Platform of the National Stock Exchange of India Limited.

SUBSCRIPTION DETAILS

The Issue has received 115 applications for 19,68,000 Equity shares (Before Technical Rejections) (including Market Maker Application of  76,000 Equity Shares) resulting 1.36 times subscription. After considering, Technical Rejection cases, the issue was subscribed 1.36 times (including the Market Maker Portion). The details of application received (Before Technical Rejection)

CATEGORY NUMBER OF APPLICATIONS NUMBER OF EQUITY SHARES SUBSCRIPTION
Market Makers 1 76,000 1.00
Other than Retail Individual Investor's 28 15,48,000 2.26
Retail Individual Investor's 86 3,44,000 0.50
TOTAL 115 19,68,000 1.36

The details of applications rejected by the Registrar on technical grounds are detailed below:

CATEGORY NUMBER OF APPLICATIONS NUMBER OF EQUITY SHARES
Market Makers 0 0
Other than Retail Individual Investor's 0 0
Retail Individual Investor's 2 8,000
TOTAL 2 8,000

Detail of the Applications Received (After Technical Rejection):

CATEGORY NUMBER OF APPLICATIONS NUMBER OF EQUITY SHARES SUBSCRIPTION
Market Makers 1 76,000 1.00
Other than Retail Individual Investor's 28 15,48,000 1.50
Retail Individual Investor's 84 3,36,000 0.49'
TOTAL 113 19,60,000 1.36

# Basea on actual number of shares availabe for allotment as mentioned in prospectus i.e. 6,84,000

* Based on actual number of shares available for allotment as mentioned in Prospectus i.e. 6,84,000 and Including unsubscribed portion of 3,48,000 equity shares spilled form retail individual category.

ALLOCATION: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange- NSE on October 05,2016.

A. Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the issue price of Rs. 28/- 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 76,000 Equity Shares in full out of reserved portion of 76,000 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. 28/- per Equity Share, was finalized in consultation with NSE. The category was subscribed by 0.49 times. Total number of shares allotted in this category is 3,36,000 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
4,000 84 100.00 3,36,000 100.00 6,84,000 4,000 4,000 1:1 3,36,000 3,48,000
TOTAL 84 100.00 3,36,000 6,84,000 3,36,000

C. Allocation to Other than Retail Individual Investor (After Technical Rejection): The Basis of Allotment to other than Retail Individual Investors, at the issue price of Rs 28/- per Equity Share, was finalized in consultation with NSE. The category was subscribed by 1.50 times. Total number of shares allotted in this category is 10,32,000 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

8,000 9 32.14 72,000 4.65 48,000 5,333.33 4,000 1:1 36,000 (12000)
12,000 2 7.14 24,000 1.55 16,000 8,000.00 8,000 1:1 16,000 0
16,000 2 7.14 32,000 2.07 21,333 10,666.67 12,000 1:1 24,000 2667
20,000 2 7.14 40,000 2.58 26,667 13,333.33 12,000 1:1 24,000 (2667)
20,000 4,000 1:2 4,000 4,000
40,000 2 7.14 80,000 5.17 53,333 26,666.67 28,000 1:1 56,000 2,667
44,000 1 3.57 44,000 2.84 29,333 29,333.33 28,000 1:1 28,000 (1,333)
52,000 3 10.71 1,56,000 10.08 1,04,000 34,666.67 36,000 1:1 1,08,000 4,000
60,000 1 3.57 60,000 3.88 40,000 40,000.00 40,000 1:1 40,000 0
68,000 1 3.57 68,000 4.39 45,333 45,333.33 44,000 1:1 44,000 (1,333)
88,000 1 3.57 88,000 5.68 58,667 58,666.67 60,000 1:1 60,000 1,333
1,00,000 2 7.14 2,00,000 12.92 1,33,333 66,666.67 68,000 1:1 1,36,000 2,667
1,52,000 1 3.57 1,52,000 9.82 1,01,333 1,01,333.33 1,00,000 1:1 1,00,000 (1,333)
5,32,000 1 3.57 5,32,000 34.37 3,54,668 3,54,666.67 3,56,000 1:1 3,56,000 1,332

The Board of Directors of the Company at its meeting held on October 05,2016 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz. EMERGE Platform of the 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 October 10,2016. Further, the instructions to SCSBs has been issued on October 06,2016 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 registrar to the Issue at the address given below. The Company is taking steps to get the Equity Shares admitted for trading on the EMERGE Platform of 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 October 13,2016 subject to receipt of listing and trading approvals from NSE.

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.: +91-22-4043 0200; Fax: +91-22-2847 5207
Email: ipo@bigshareonline.com; Website: www.bigshareonline.com
Contact Person: Babu Raphael; SEBI Registration No: INR000001385

Date: October 06,2016

Place: Jaipur, Rajasthan

For  NANDANI CREATION LIMITED
On behalf of the Board of Directors
Sa/-
Anuj Mundra
Chairman and Managing Director

Nandani Creation IPO Basis of Allotment FAQs

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

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

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