Share India Securities IPO Basis of Allotment

SHARE INDIA SECURITIES LIMITED
Corporate Identification Number: U67120UP1994PLC050209

Our Company was originally incorporated on July 12,1994 as 'FMS Securities Limited' vide Registration no. 02-04175 under the provisions of the Companies Act, 1956 with the Registrar of Companies, Assam, Meghalaya, Manipur, Tripura, Nagaland, Arunachal Pradesh & Mizoram, Shillong and received Certificate for Commencement of Business on July 20,1994. Further the Registered Office of the Company was changed to National Capital Territory of Delhi & Haryana from Assam and fresh certificate for change in registered office was issued by Registrar of Companies, National Capital Territory of Delhi & Haryana dated December 21, 2000 pursuant to CLB Eastern Region Bench order dated August 09, 2000. In the year 2000, our Existing Promoters Mr. Parveen Gupta, Mr. Sachin Gupta, Mr. Rajesh Gupta and Mr. Yash Pal Gupta took over the control of our Company from our erstwhile Promoters i.e. Mr. Hukamraj Sajjanraj Kumbhat, Mr. Kaushal Kumbhat, Mr. Pardip Kumbhat, Mr. Haradhan Saha, Mrs. Laxmi Narain Biyani, Mrs. Ambika Barua and Mvv Indu Kumbhat. Pursuant to the scheme of Amalgamation, Share India Securities Limited was merged into our Company vide order of Hon'ble High Court of Delhi dated May 20, 2010.The name of our Company was changed to Share India Securities Limited, vide a fresh certificate of Incorporation pursuant to change of name dated July 15, 2010 issued by Registrar of Companies, National Capital Territory of Delhi and Haryana. Further the Registered Office of the Company was changed to Uttar Pradesh from the State of Delhi and fresh certificate for change in registered office was issued by Registrar of Companies, Uttar Pradesh dated May 02, 2012 having CIN U67120UP1994PLC050209 pursuant to Company Law Board, New Delhi Bench order dated April 17,2012.

Registered Office: 6th Milestone, New Bhai-Chara Complex, Opp Mata Mandir, Chikambarpur, UP Border, Sahibabad, Ghaziabad, Uttar Pradesh-201006
Corporate Office: 14, Dayanand Vihar, Ground Floor, Near Karkardooma Metro Station, Vikas Marg Ext. Delhi -110092, India
Tel No.: + 91-11-43011000; +91-0120-64702730 | E-mail: info@shareindia.com | Website: www.shareindia.com
CONTACT PERSON: MR. VIKAS AGGARWAL, (COMPANY SECRETARY & COMPLIANCE OFFICER)

The Equity Shares offered through this Prospectus are proposed to be listed on the SME Platform of BSE Ltd ('BSE SME'). Our Company has received an approval letter dated September 13, 2017 from BSE for using its name in this offer document for listing of our shares on the SME Platform of BSE. For the purpose of this Issue, the Designated Stock Exchange will be the BSE Ltd. The trading is proposed to be commenced on or about October 05, 2017.*

*Subject to receipt of listing and trading approvals from the 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 4020 applications for 2,35,17,000 Equity Shares resulting in 3.66 times subscription (including reserved portion of market maker). The details of the applications received in the issue (before technical rejections) are as follows:
Detail of the Applications Received (Before Technical Rejection):

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

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

Allocation: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - BSE Limited on September 29, 2017.

A. Allocation to Market Maker (After Technical Rejections & Withdrawal): The Basis of Allotment to the Market Maker, at the issue price of Rs 41 per Equity Share, was finalised in consultation with BSE Limited. The category was subscribed by 1.00 times. The total number of shares allotted in this category is 3,24,000 Equity shares.
The category wise details of the Basis of Allotment are as under:

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 41 per Equity Share, was finalized in consultation with BSE Limited. The category was subscribed by 3.77 times i.e. for 1,16,01,000 Equity Shares. Total number of shares allotted in this category is 30,78,000 Equity Shares to 1026 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 & Withdrawal): The Basis of Allotment to Other than Retail Individual Investors, at the issue price of Rs 41 per Equity Share, was finalized in consultation with BSE Limited. The category was subscribed by 3.77 times i.e. for 1,14,30,000 shares the total number of shares allotted in this category is 30,30,000 Equity Shares to 92 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 30, 2017 has approved the Basis of Allocation of Equity Shares as approved by the Designated Stock Exchange viz. BSE Limited and has authorized the corporate action for the transfer of the Equity Shares to various successful applicants.
The CAN-cum-Refund advices and allotment advice and/or notices will be dispatched to the address of the Applicants as registered with the depositories / as filled in the application form on or before October 04, 2017. Further, the instructions to Self Certified Syndicate Banks for unblocking the amount will processed on or prior to October 03, 2017 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 for trading on the SME Platform of BSE Limited (BSE SME) within six working days from the date of the closure of the offer.

Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectus dated September 14, 2017 ('Prospectus').

INVESTORS PLEASE NOTE

The details of the allotment made would also be hosted on the website of the Registrar to the issue, Bigshare 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, 1 st 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. Srinivas Dornala; SEBI Registration No.: INR000001385