SBL Infratech Limited IPO Basis of Allotment

INITIAL PUBLIC OFFER OF 2,13,600 EQUITY SHARES OF FACE VALUE OF RS.10/- EACH ("EQUITY SHARES") OF SBL INFRATECH LIMITED (''COMPANY" OR "ISSUER'') FOR CASH AT APRICE OF RS.111/- PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF RS. 101/- PER EQUITY SHARE) AGGREGATING UP TO RS. 237.09 LAKH ("ISSUE") OF WHICH 10,800 EQUITY SHARES OF FACE VALUE RS. 10/- EACH FOR CASH AT A PRICE OF RS.111 /- PER EQUITY SHARE AGGREGATING RS.11.98 LAKH 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 2,02,800 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH FOR CASH AT A PRICE OF RS. 111/- PER EQUITY SHARE AGGREGATING RS. 225.10 LAKH IS HEREINAFTER REFEREDTO AS THE "NET ISSUE". THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 26.33% AND 25.00%. RESPECTIVELY OF THE POST ISSUEPAID UP EQUITY SHARE CAPITAL OF OUR COMPANY.

FOR FURTHER DETAILS. KINDLY REFER TO CHAPTER TITLED "TERMS OF THE ISSUE" BEGINNING ON PAGE 189 OF THIS PROSPECTUS.

THIS ISSUE IS BEING MADE IN TERMS OF REGULATION 252 OF CHAPTER IX OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS. 2018 (THE "SEBI (ICDR) REGULATIONS"). AS AMENDED READ WITH RULE 19(2)(B) OF THE SECURITIES CONTRACTS (REGULATION) RULES, 1957, AS AMENDED FOR FURTHER DETAILS, PLEASE REFER TO CHAPTER TITLED "ISSUE PROCEDURE" BEGINNING ON PAGE 189 OF THE PROSPECTUS.

The Equity Shares of our Company offered through this Prospectus are proposed to be listed on the SME Platform of BSE Limited. In terms of the Chapter IX of the SEBI (ICDR) Regulations. 2018 as amended from time to time Our Company has received an approval letter dated July 28, 2021 from BSE Limited for using its name in the Prospectus for listing of our shares on the SME Platform of BSE Limited. For the purpose of this issue. BSE Limited shall be the Designated Stock Exchange. The trading is proposed to be commenced on or about September 29, 2021*

* Subject to receipt of listing and trading approvals from the BSE

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 179 applications (before rejections and bids not banked) for 2,37,600 Equity Shares resulting in 1.11 times subscription (including reserved portion of market maker). The details of the applications received in the issue (before technical rejections but after applications not banked) are as follows.

Detail of the Applications Received (Before Technical Rejection but after application not banked):

The details of applications rejected by the Registrar on technical grounds (including withdrawal) are detailed below^-

CATEGORY	NUMBER OF APPLICATIONS	NUMBER OF EQUITY SHARES
Market Makers	Nil	Nil
Retail Individual Investors	18	21,600
Other than Retail Individual Investors	2	2,400
Total	20	24,000

After eliminating technically rejected applications, the following tables give us category wise net valid applications

CATEGORY	NUMBER OF APPLICATIONS	%	Reserved Portion (as per Prospectus)	No. of Valid Shares applied	% of Total Applied	SUBSCRIPTION (TIMES)
Market Makers	01	100	10,800	10,800	100	1.00
TOTAL	01	100	10,800	10,800	100	1.00

CATEGORY	NUMBER OF APPLICATIONS	%	Reserved Portion (as per Prospectus)	Proportionate Issue Size (After rounding off)	No. of Valid Shares applied	% of Total Applied	SUBSCRIPTION (TIMES)
Retail Individual Investors	171	95.53	1,83,600	1,83,600	2,05,200	86.36%	1.12
Other than Retail Individual Investors	7	3.91	19.200	19,200	21.600	9.09%	1.13
Total	178	100.00	2,02,800	2,02,800	22,68,000	100.00

Allocation: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange BSE on September 23,.2021.

A. Allocation to Market Maker (After Technical Rejections & Withdrawal): The Basis of Allotment to the Market Maker, at the issue price of Rs. 111/- per Equity Share, was finalized n consultation with BSE. The category was subscribed by 1 00 times .The total number of shares allotted in this category is 10,800 Equity shares

The category wise details of the Basis of Allotment are as under:

No. of Shares Applied for (Category wise)	No. of Applications received	% of Total	Total No. of Equity Shares applied in this Category	% of Total	Proportionate Shares Available	Allocation per Applicant (Before Rounding Off)	Allocation per Applicant (After Rounding Off)	Ratio of Allottees to Applicant: Ratio 1	Ratio of A Allottees to Applicant: Ratio 2	Number of Successful applicants (after rounding off)	Total No. of Equity Shares allocated/ allotted	No. of Shares Surplus/ Deficit
10,800	1	100.00	10,800	100.00	10,800	10,800	10,800	1	1	1	10,800	-
TOTAL	1	100.00	10,800	100.00	10,800	10,800	10,800	1	1	1	10,800	-

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. 111/- per Equity Share, was finalized in consultation with BSE. The category was subscribed by 1.12 times i.e. for 2,05,200 Equity Shares. Total number of shares allotted in this category is 1,83.600 Equity Shares to 158 successful applicants.

The category wise details of the Basis of Allotment are as under:

No. of Shares Applied for (Category wise)	No. of Applications received	% of Total	Total No. of Equity Shares applied in this Category	% of Total	Proportionate Shares Available	Allocation per Applicant (Before Rounding Off)	Allocation per Applicant (After Rounding Off)	Ratio of Allottees to Applicant Ratio 1	Ratio of Allottees to Applicant Ratio 2	Number of Successful applicants (after rounding off)	Total No. of Equity Shares allocated/ allotted	No. of Shares Surplus/ Deficit
1,200	171	100.00	2,05,200	100.00	1,83,600	1073.68	1,200	153	171	153	1,83,600	-
TOTAL	171	100.00	2,05,200	100.00	1,83,600					153	1,83,600	-

C. Allocation to Other than Retail Individual Investors (After Technical Rejections & Withdrawal): The Basis of Allotment to Other than Retail Individual Investors, at the issue price of Rs.111/- per Equity Share, was finalized in consultation with BSE. The category was subscribed by 1.13 times i.e. for 21,600 shares the total number of shares allotted in this category is 19,200 Equity Shares to 7 successful applicants.

The category wise details of the Basis of Allotment are as under:

No. of Shares Applied for (Category wise)	No. of Applications received	% of Total	Total No. of Equity Shares applied in this Category	% of Total	Proportionate Shares Available	Allocation per Applicant (Before Rounding Off)	Allocation per Applicant (After Rounding Off)	Ratio of Allottees to Applicant		Serial Number of Qualifying applicants	Number of Successful applicants (after rounding off)	Total No. of Shares allocated/ allotted	Surplus/ Deficit (14)-(7)
2400	5	71.43	12,000	55.56	10,666,667	2,133.33	1200	1	1		5	6,000	4,667
2400							1200	4	5	1,2,3.5		4,800	-4,800
4800	2	28.57	9,600	44.44	8.533.333	8,533.33	3600	1	1		2	7,200	1333
4800							1200	1	1	1		1.200	-1200

The Board of Doctors of the Company at its meeting held on September 23, 2021 has approved the Basis of Allocation of Equity Shares as approved by the Designated Stock Exchange viz. BSC and has authorized the corporate action for issue of the Equity Shares to various successful applicants

The CAN-cum-allotment advices and/or notices will be forwarded to the email id's and address of the Applicants as registered with the depositories I as filed in the application form on or before September 28, 2021. Further me instructions to Self Certified Syndicate Banks for unblocking the amount will be processed on or prior to September 28, 2021. In case the same s not received with10 days investors may contact at the address given below The Equity Shares allocated to successful applicants are being credited to them beneficiary accounts subject to validation of the account details with the depositories concerned The Company is taking steps to get the Equity Shares admitted for trading on the SME Platform of BSE Limited (BSE SME) within six working days from the date of the closure of me issue

Note: All capitalized terns used and not defined herein shall have the respective meanings assigned to them in the Prospectus dated March 18, 2021 ("Prospectus").

INVESTORS PLAESE NOTE

The detail of the allotment made would also be hosted on the website of the Registrar to the issue, SKYLINE FINANCIAL SERVICES PRIVATE LIMITED at www.skylinerta.com. All future correspondence in the regard may kindly be addressed to the Registrar to the Issue quoting name of the First/Sole applicants. serial number of the Application Form, number of shares applied for and Bark Branch where the application had been lodged and payment details at the address of the Register given below

	SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
	0-153A, 1st Floor, Okhla Industrial Area Phase-I. New Delhi 110020, India
	Telephone: +91-11-40450193-97 Fax No: +91-11-26812682 Email: virenr@skylinerta.com or admin@skylinerta.com
	Investor grievance email: info@skylinerta.com Contact Person: Ms. Santa Singh
	Website: www.skylinerta.com
	SEBI Registration Number: INE00003241

	For SBL INFRATECH LIMITED
	On behalf of Board of Directors
	Sd/-
Place: Delhi	Mr. Ankit Sharma Managing Director
Date. September 25, 2021	DIN-07238593

THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE EQUITY SHARES ON LISTING OR THE BUSINESS PROSPECTS OF SBL INFRATECH LIMITED

Note: AlI capitalized terms used and not defined Herein shall have same meanings assigned to them in the Prospectus