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September 25, 2013 - September 27, 2013

Satkar Finlease IPO Basis of Allotment

SATKAR FINLEASE LIMITED

Our Company was originally incorporated at New Delhi as 'Satkar Finlease Private Limited' on 10th January, 1996 under the provisions of the Companies Act, 1956 vide certificate of incorporation issued by the Registrar of Companies, National Capital Territory of Delhi & Haryana. Our Company was converted in to a Public Limited Company and consequently the name was changed to 'Satkar Finlease Limited' vide fresh certificate of incorporation dated 21st May, 2013 issued by the Registrar of Companies, National Capital Territory of Delhi & Haryana. For further details in relation to the changes to the name of our Company, please refer to the section titled 'Our History and Corporate Structure' on page 71 of the Prospectus.

Registered office & Corporate Office: 829, Laxmideep Building, 8th Floor, Laxmi Nagar District Center, Next to V3S Mall, Laxmi Nagar, Delhi -110092; Tel: 91 -11 - 32937170: Fax: 91 -11 -32937170.
Email: satkarfinlease@yahoo.com; Website: www.satkarfinlease.com
Contact Person & Compliance Officer: Mr. Yatendra Kumar, Company Secretary & Compliance Officer;

PROMOTERS OF THE COMPANY: MR. RAHUL TIWARI, MR. MANISH KUMAR GUPTA & OP PROPERTY DEVELOPERS PRIVATE LIMITED

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 75,04,000 EQUITY SHARES OF RS. 10/- EACH ('EQUITY SHARES') OF SATKAR FINLEASE LIMITED ('SFL' OR THE 'COMPANY' OR THE 'ISSUER') FOR CASH AT A PRICE OF RS. 18/- PER SHARE (THE 'ISSUE PRICE'), AGGREGATING TO RS. 1350.72 LACS ('THE ISSUE'), OF WHICH, 3,84,000 EQUITY SHARES OF RS. 10/- EACH RESERVED FOR SUBSCRIPTION BY MARKET MAKERS TO THE ISSUE (THE 'MARKET MAKER RESERVATION PORTION'). THE ISSUE LESS THE MARKET MAKER RESERVATION PORTION i.e. ISSUE OF 71,20,000 EQUITY SHARES OF RS. 10/- EACH IS HEREINAFTER REFERRED TO AS THE 'NET ISSUE'. THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 39.40% AND 37.39%, RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF THE COMPANY.

In terms of Prospectus dated 16th September, 2013 and as per Regulation 43 (4) of SEBI (ICDR) Regulations, 2009 wherein a minimum of 50 % of the Net Offer to Public shall be made available to shall be initially made available to Retail Individual Investors as the case may be. The balance net offer of shares to the public shall be made available for allotment to a) individual applicants other than retail investors and b) other investors including corporate bodies / institutions irrespective of no. of shares applied for. 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.

THE FACE VALUE OF THE EQUITY SHARES IS RS. 10/- EACH AND THE ISSUE PRICE IS RS. 18 EACH. THE ISSUE PRICE IS 1.80 TIMES OF THE FACE VALUE. ISSUE OPENED ON 25™ SEPTEMBER, 2013 AND CLOSED ON 27th SEPTEMBER, 2013.

The Equity Shares offered through the Prospectus are proposed to be listed on the SME platform of BSE Limited ('BSE') in terms of the chapter XB of the SEBI (ICDR) Regulations, 2009 as amended from time to time, Company is not required to obtain an in-principle approval of the shares being offered in this Issue. However Company has received an approval letter dated 11th September, 2013 from BSE tor using its name in the offer document tor listing of our Shares on the SME platform of BSE. The designated stock exchange is BSE Limited.

All Applicants were allowed to participate in the Issue 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 Issue has received 373 applications for 76,48,000 Equity Shares (Including Market Maker Application of 3,84,000 Equity Shares) resulting 1.02 times subscription. After considering, cheque return cases of 17 applications of 1,36,000 Equity Shares, the Issue was subscribed 1.001 times. The details of the applications received in the Issue (before technical rejections) are as follows:

Detail of the Applications Received (Before Technical Rejection & withdrawal of application):

CATEGORY NUMBER OF
APPLICATIONS
NUMBER OF
EQUITY SHARES
SUBSCRIPTION
Market Makers 1 384000 1.00
Other than Retail Individual Investor's 28 4512000 1.27
Retail Individual Investor's 327 2616000 0.73
TOTAL 356 7512000 1.001

The details of applications rejected by the Registrar on technical grounds (including withdrawals) are detailed below:

CATEGORY NUMBER OF
APPLICATIONS
NUMBER OF
EQUITY SHARES
Market Makers Nil Nil
Other than Retail Individual Investor's Nil Nil
Retail Individual Investor's 1 8000
TOTAL 1 8000

Detail of the Applications Received (After Technical Rejection & withdrawal):

CATEGORY NUMBER OF
APPLICATIONS
NUMBER OF
EQUITY SHARES
SUBSCRIPTION
Market Makers 1 384000 1.00
Other than Retail Individual Investor's 28 4512000 1.27
Retail Individual Investor's 326 2608000 0.73
TOTAL 355 7504000 1.00

ALLOCATION: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - BSE Limited on 8th September, 2013.

A. Allocation to Market Maker (After Technical Rejections & Withdrawal): The Basis of Allotment to the Market Maker, at the issue price of Rs. 18/- per Equity Share, was finalised in consultation with BSE. The category was subscribed by 1.00 times. The total number of shares allotted in this category is 3,84,000 Equity shares in full out of reserved portion of 3,84,000 Equity Shares.

B. Allocation to Retail Individual Investors (After Technical Rejections & Withdrawal): The Basis of Allotment to the Retail Individual Investors, at the issue price of Rs. 18/- per Equity Share, was finalized in consultation with BSE. The category was subscribed by 0.73 times. Total number of shares allotted in this category is 26,08,000 Equity Shares. The balance 9,52,000 Shares has been added to Non Institutional category as spill over. The category wise basis of allotment is as under:

No. of Shares Applied for (Category wise) No. Of Applications % to total Total No. of Equity Shares applied % of total Proportionate Shares Available Allocation per Applicant Ratio of Allottees to the Applicants Total No. Of Equity Shares allotted
8000 326 100 2608000 100 3560000 8000 FIRM 2608000
TOTAL 326 100 2608000 100 3560000 8000 FIRM 2608000

C. Allocation to Non Retail Investors (After Technical Rejections & Withdrawal): The Basis of Allotment to the Non Retail Investors, at the issue price of Rs. 18/- per Equity Share, was finalized in consultation with BSE. The category was subscribed by 1.27 times. Total number of shares allotted in this category is 45,12,000 Equity Shares including spill over of 9,52,000 Shares from retail individual investors category. The category wise basis of allotment is as under:

No. of Shares Applied tor (Category wise) No. Of Applications % to
total
Total No. of Equity Shares applied % of 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
16000 7 25.00 112000 2.48 112000 16000 16000 FIRM 112000
24000 5 17.86 120000 2.66 120000 24000 24000 FIRM 120000
32000 2 7.14 64000 1.42 64000 32000 32000 FIRM 64000
56000 4 14.29 224000 4.96 224000 56000 56000 FIRM 224000
160000 3 10.71 480000 10.64 480000 160000 160000 FIRM 480000
200000 2 7.14 400000 8.87 400000 200000 200000 FIRM 400000
320000 1 3.57 320000 7.09 320000 320000 320000 FIRM 320000
544000 1 3.57 544000 12.06 544000 544000 544000 FIRM 544000
560000 1 3.57 560000 12.41 560000 560000 560000 FIRM 560000
800000 1 3.57 800000 17.73 800000 800000 800000 FIRM 800000
888000 1 3.57 888000 19.68 888000 888000 888000 FIRM 888000
TOTAL 28 100 4512000 100 4512000 4512000

The Board of Directors of the Company at its meeting held on 9th October, 2013 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz. BSE and has authorized the corporate action for the transfer of the Equity Shares / dispatch of share certificates to various successful applicants.

The CAN-cum-Refund Orders and allotment advice and/or notices are being dispatched to the address of the Applicants as registered with the depositories / as filled in the application form on or before 10th October, 2013. Further, the instructions to Self Certified Syndicate Banks being processed on or prior to 10th October, 2013. In case the same is not received within 10 days, investors may contact 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 taking steps to get the Equity Shares admitted tor trading on the SME Platform of BSE Limited within Twelve working days from the date of the closure of the Issue. The trading is proposed to be commenced on or before 11th October, 2013 subject to receipt of listing and trading approvals from BSE Limited.

INVESTORS PLEASE NOTE

The details of the allotment made would also be hosted on the website of the Registrar to the Issue, MAS Services Limited at www.masserv.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:

MAS SERVICES LIMITED
T-34, 2nd Floor, Okhla Industrial Area, Phase - II, New Delhi -110020.
Tel No.: +91-11-26387281/82/83; Fax No.: +91-11-26387384
Website: www.masserv.com • E-mail ID: info@masserv.com

Place: Delhi
Date : 09.10.2013
For Satkar Finlease Limited
Sd/-
Rahul Tiwari
Executive Director

Satkar Finlease IPO Basis of Allotment FAQs

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

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

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