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September 13, 2006 - September 19, 2006

Richa Knits IPO Basis of Allotment


Registered Office: Plot no. 5, Sector 7, IMT Manesar, Gurgaon -122050 Tel : 91-124-2290703/04, 4175800,
Fax: 91-124-2290211, Web site:
Contact Person: Mr. Sanleev Sharma, Compliance Officer & Company Secretary,
Tel: 91-124-2290704 Email:

Public Issue of 90,00,000 equity shares (including promoters participation of 15 lacs equity shares at issue price) of face value Rs.10/- each of Richa Knits Limited at a price of Rs. 30/-for cash.
The issue price is 3 times of the face value.


The Board of Directors of Riche Knits Ltd. ('The Company') wish to thank all the Investors for their response to our Public Issue. The basis of allotment has been finalized in consultation with Bombay Stock Exchange Ltd. (BSE) on September 29, 2006 and the equity shares have been allotted as per details given below: Public Issue was opened for subscription on September13, 2006 and closed on September19, 2006.

No of equity shares offered 7500000
No of valid application received 5702
Total no. of equity shares applied for 12558920
No. of times oversubscribed 1.675
Category No of shares
No. of shares
applied for
No. of valid
application received
No. of times
Retail Individual Investor 2812500 4800600 5374 1.707
Non Institutional Investor 2812500 5223740 240 1,857
NRIs/Flls 750000 934380 64 1.246
QIBs 750000 1256040 6 1.675
Employees 375000 344160 18 0.918
Total 7500000 12558920 5702 1.675

The basis of allotment of equity shares after considering the technical rejections to the following categories are as follows:

Resident Indian Public- Retail Category

Category Ratio Shares per allottee Category Ratio Shares per allottee
180 61:100 180 1800 FIRM 1105
360 FIRM 221 1980 FIRM 1215
540 FIRM 331 2160 FIRM 1325
720 FIRM 442 2340 FIRM 1436
900 FIRM 552 2520 FIRM 1547
1080 FIRM 663 2700 FIRM 1657
1260 FIRM 773 2880 FIRM 1768
1440 FIRM 884 3060 FIRM 1877
1620 FIRM 994 3240 FIRM 1989

Resident Indian Public- Non Institutional : A sample of Category-wise allotment is as under:

Category Ratio Shares per allottee Category Ratio Shares per allottee
3420 FIRM 1926 90000 FIRM 50677
6660 FIRM 3750 93600 FIRM 52704
10080 FIRM 5676 100080 FIRM 56353
10800 FIRM 6081 108000 FIRM 60813
16560 FIRM 9325 116820 FIRM 65779
16740 FIRM 9426 133200 FIRM 75002
18000 FIRM 10135 138960 FIRM 78245
33660 FIRM 18953 160020 FIRM 90104
48420 FIRM 27264 162000 FIRM 91219
50040 FIRM 28177 396000 FIRM 222979
66600 FIRM 37501 1006560 FIRM 566765

Full and firm allotment as been made NRIs/FIIs andEmployees for the valid applications.Undersubscription from Employee category has been spilled over and added to NRIs/ Flls category. Undersubscription after interse adjustment in reserved categories has been adjusted towards subscription of Resident Indian Public category.

The dispatch of refund orders/ECS/RTGS Credit and allotment advice cum allotment due money notice has been completed on September 30, 2006. The credit in respect of allotment in dematerialized form in Central Depository Services India Ltd. (CDSL) and National Securities Depository Ltd. (NSDL) to the valid beneficiary accounts has been executed on 3rd &4th October, 2006 respectively.

Shareholders may please note that as mentioned in the Allotment advice cum allotment due money notice, the balance allotment due money @ Rs.15/- per equity share for the partly paid up shares has to be paid latest by October 30, 2006. The Shareholders may also kindly note that revised details of the designated collection centers for acceptance of the balance allotment due money as given below has been communicated separately to the individual shareholders vide our letterdated 5.10.2006.

ICICI Bank Limited: Ahmedabad (JMC House), Anand (Vallabh Vidyanagar), Agra (Sanjay Place), Amritsar (Lawrence Road), Allshabad (Sardar Patel Mang), Bangalore (Commissariat Road), Bhopal (Alankar Palace Near Pragati Petrol Pump), Bhubaneshwar (Opp Sriya Talkies), Bhavnagar (Waghawadi Road), Belgaum (Tilakwadi), Channai (Uthamar Gandhi Salai, Nungambakkam High Road), Cochin (M.G.Road), Coimbatore (Trichy Road), Chandigarh (Sector 9-D), Delhi (Connaught Place), Dehradun (Rajpur Road, Dilaram Bazar), Faridabad (SCF No. 58, Sector 15), Gandhidham (Plat No 341, Ward 12/13), Guntur (Lakshmipuram Main Road), Gurgaon (HUDA Shopping Centre, Sector-14), Gowahati (Shanti Complex, G S Road), Hubli (Travellers Bungalow Road), Hyderabad (TGV Mansions, Opp. Institution of Engineers), Indore (M.G.Road), Jamnagar (P N. Marg), Jaipur (Subhash Marg, Near Ahimsa Circle), Jalandhar (G.TRoad), Jodhpur (Bhansali Complex, Residency Road), Kanpur (J.S Towers), Kolkatta (R N Mukherjee Road), Kota (Jhalawar Road), Lucknow ( M G Road), Ludhiana (Feroze Gandhi Market), Mangalore (Panje Mangesh Rao Road), Meerut (Hapur Road), Mysore (Aishwarya Arcade, 9th Cross, Kalidasa Road), Mumbai (30, Mumbai Samachar Marg), Nagpur (Palm Road), Noida (Sector 18, Gautam Buddh Nagar), Nasik (Utility Centre, Sharanpur Road), Patna (Exihibition Road), Panaji (Swami Vivekanand Road), Pune - Bund Garden, Raipur (Choubey Colony, G. E. Road), Rajkot (Babubhai Shah Marg), Ranchi (Main Road near Ratanlal Petrol Pump), Surat (Lal Bungalow, Athwa Lines), Trichur (Shornur Road), Udaipur (Madhubani, 2-C), Vadodara (Race Course Circle), Vapi (VIA House, GIDC cross Roads), Valsad (Tithal Road), Varanasi (Gyanvapi Chowk), Vishakapatnam (Dwarkanagar), Vijayawada (M G Road), Thiruvanthopuram (M G Road) HDFC Bank Ltd: Himatnagar (Durga Oil Mill Compound), Kapurthala (Mall Road), Phagwara (G.T Road), Ankleshwar (S A Motors Building), Bharuch(Near Octroi Naka, Link Road), Daman (Teen Batti), Mehsana (Near Raj Kamal Petrol Pump), Navsari (Station Road, Sandh Kuva)

The company has already submitted the listing application to the BSE on 3rd October 2006 and other formalities regarding listing of equity shares are in the process of completion.

Investors please note that the allocation made would be available on the website of the Registrar to the issue at

All future correspondence in this regard may kindly be addressed to the Registrar to the Issue, whose address is furnished below, quoting application number, full name of the first/sole applicant, number of shares applied, payment details and Bank/branch where the application has been lodged

Intime Spectrum Registry Limited
C-13 Pannalal Silk Mills Compound, LBS Marg, Bhandup West, Mumbai - 400078
Tel: +912596-0320 Fax: +9125960329
Website: E-mail: richaipo@intimespectrum.COM

Place: Gurgaon
6th October, 2006

For Riche Knits Limited
Sandeep Gupta
Joint Managing Director

Richa Knits IPO Basis of Allotment FAQs

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

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

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