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December 27, 2010 - December 29, 2010

Shekhawati IPO Basis of Allotment

SHEKHAWATI POLY-YARN LIMITED

The Company was incorporated as 'Shekhawati Poly- Yarn Private Limited' on November 5,1990 under the Companies Act, 1956. The name of the Company was changed to 'Shekhawati Poly-Yarn Limited' pursuant to the conversion of the Company from Private Limited to Public Limited and a fresh Certificate of Incorporation consequent to change in name was obtained on April 19,2010. (Please refer to Page No. 106 of this Prospectus for detail of change in the name of the Company.) The Registered Office of the Company was shifted from Solaris, 1 -B-241, Saki Vihar Road, Opp. L&T Gate No.6, Andheri (East), Mumbai-400072 to 2, Anantwadi, Vaidya Bhawan, 1st Floor, Bhuleshwar, Mumbai- 400002 with effect from 30th March 2002. (Please refer to Page No. 107) of this Prospectus for detail of change in the Registered Office of the Company

Registered Office: 2, Anantwadi, Vaidya Bhawan, 1st Floor, Bhuleshwar, Mumbai-400 002 Tel. No: 91-22-3256-7126; Fax No: 91-22-28755522 Email:ho@shekhawatiyarn.com, Website: www.shekhawatiyarn.com,
Contact Person: Mr. Shivratan Agarwal, CFO & Compliance Officer

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 1,20,00,000 EQUITY SHARES OF RS.10/- EACH ISSUED FOR CASH AT A PREMIUM OF RS. 20/- PER EQUITY SHARE I.E. AT A PRICE OF RS. 30/- PER EQUITY SHARE AGGREGATING TO RS. 3 6 0 0 LACS ('THE ISSUE' OR 'THE NET ISSUE') BY SHEKHAWATI POLY- YARN LIMITED ('THE COMPANY' OR 'THE ISSUER'). THE FACE VALUE OF THE SHARE IS RS.10/- EACH AND THE ISSUE PRICE IS 3 TIMES OF THE FACE VALUE. THE ISSUE TO THE PUBLIC WILL CONSTITUTE 54.54% OF THE FULLY DILUTED POST-ISSUE EQUITY SHARE CAPITAL OF THE COMPANY.

THE FACE VALUE OF OUR EQUITY SHARES IS RS. 10 EACH AND THE ISSUE PRICE IS 3 TIMES THE FACE VALUE. ISSUE OPENED ON DECEMBER 27,2010 AND CLOSED ON DECEMBER29,2010

The Equity Shares of the Company are proposed to be listed on the Bombay Stock Exchange Limited ('BSE') and National Stock Exchange of India Limited the trading is expected to commence on January 12,2011.

The Board of Directors of SHEKHAWATI POLY-YARN LIMITED wish to thankthe investing public, for their response to the Issue which opened for subscription on Monday, December 27,2010 and closed on Wednesday, December 29,2010. The Issue has received 20,272 applications for 8,15,48,800 Equity Shares resulting in 6.79 times subscription. The details of the Applications received in the Issue (before technical rejections) are as under;

CATEGORY NO. OF APPLICATIONS NO. OF SHARES SUBSCRIPTION
Retail individual Applicant 20232 70,072,600 11.68
Non - Retail Applicant 40 11,476,200 1.91

The Basis of Allotment was finalised in consultation with the Designated Stock Exchange - Bombay Stock Exchange Limited, ('BSE') on 7th January 2011,

A. Allocation to Retail Individual Investors (After Technical Rejections)
The Basis of Allotment to the Retail Investors, at the issue price of Rs.30/- per Equity Share, was finalised in consultation with BSE. The category was oversubscribed by 11.678 times. The total number of shares allotted in this category is 60,08,893 Equity Shares (including 8,886 excess shares due to rounding off). The category-wise details of the Basis of Allotment are as under

No. of Shares applied for
(category wise)
No. of Application
received
% to
Total
Total No. of Shares Applied
In Each
Category
% to Total   Allocation Per Applicant Ratio of Allotees to the Applicant Total No.of  ShareAlloted
200 3,867 19.11 773,400 1.10 200 2 23 67,200
400 1,450 7.17 580,000 0.83 200 4 23 50,400
600 533 2.63 319,800 0.46 200 4 15 28,400
800 610 3.02 488,000 0.70 200 6 17 43,000
1,000 493 2.44 493,000 0.70 200 3 7 42,200
1,200 123 0.61 147,600 0.21 200 1 2 12,400
1,400 67 0.33 93,800 0.13 200 8 11 9,800
1,600 552 2.73 883,200 1.26 200 8 1 80,200
1,800 124 0.61 223,200 0.32 200 6 8 18,600
2,000 273 1.35 546,000 0.78 200 6 7 46,800
2,200 23 0.11 50,600 0.07 200 1 1 4,600
2,400 39 0.19 93,600 0.13 206 1 1 8,034
2,600 20 0.10 52,000 0.07 223 1 1 4,460
2,800 23 0.11 64,400 0.09 240 1 1 5,520
3,000 94 0.46 282,000 0.40 257 1 1 24,158
3,200 3,775 18.66 12,080,000 17.24 274 1 1 1,034,350
3,400 182 0.90 618,800 0.88 291 1 1 52,962
3,600 26 0.13 93,600 0.13 308 1 1 8,008
3,800 11 0.05 41,800 0.06 325 1 1 3,575
4,000 38 0.19 152,000 0.22 343 1 1 13,034
4,200 14 0.07 58,800 0.08 360 1 1 5,040
4,400 3 0.01 13,200 0.02 377 1 1 1,131
4,600 6 0.03 27,600 0.04 394 1 1 2,364
4,800 7 0.03 33,600 0.05 411 1 1 2,877
5,000 44 0.22 220,000 0.31 428 1 1 18,832
5,200 7 0.03 36,400 0.05 445 1 1 3,115
5,400 6 0.03 32,400 0.05 462 1 1 2,772
5,600 5 0.02 28,000 0.04 480 1 1 2,400
5,800 11 0.05 63,800 0.09 497 1 1 5,467
6,000 26 0.13 156,000 0.22 514 1 1 13,364
6,200 20 0.10 124,000 0.18 531 1 1 10,620
6,400 70 0.35 448,000 0.64 548 1 1 38,360
6,600 7,690 38.01 50,754,000 72.43 565 1 1 4,344,850
TOTAL 20,232 100.00 70,072,600 100.00 10,679 6,008,893

B. Allocation to Non - Retail Investors (After Technical Rejections)
The Basis of Allotment for the Non-Retail lnvestors, who have applied at the issue price of Rs. 30/- per Equity share for a total amount of more than Rs. 2,00.000/- was finalised in consultation with BSE. This category has been subscribed to the extent of 1.91 times. Overall 40 applications for 11,476,200 equity shares were found valid and on proportionate basis, the company have allotted 59,99,993 equity shares (Short 7 shares due to rounding off have been adjusted towards Retail Category). The category-wise details of the Basis of Allocation are as under

No. of Shares applied for (category wise) No. of Application received % to Total Total No. of
Shares Applied
in Each
Category
% to Total Allocation Per Applicant Ratio of Allotees to the Applicant Total No of Shares Alloted
7,000 1 2.50 7,000 0.06 3,660 1 1 3,660
7,600 23 57.50 174,800 1.52 3,973 1 1 91,379
8,000 2 5.00 16,000 0.14 4,183 1 1 8,366
20,000 1 2.50 20,000 0.17 10,456 1 1 10,456
50,000 2 5.00 100,000 0.87 26,141 1 1 52,282
66,800 2 5.00 133,600 1.16 34,925 1 1 69,850
68,000 1 2.50 68,000 0.59 35,552 1 1 35,552
75,000 1 2.50 75,000 0.65 39,212 1 1 39,212
100,000 1 2.50 100,000 0.87 52,282 1 1 52,282
333,200 1 2.50 333,200 2.90 174,204 1 1 174,204
500,000 1 2.50 500,000 4.36 261,411 1 1 261,411
666,600 1 2.50 666,600 5.81 348,513 1 1 348,513
1,000,000 1 2.50 1,000,000 8.71 522,821 1 1 5,22,821
1,587,000 1 2.50 1,587,000 13.83 829,717 1 1 8,29,717
6,695,000 1 2.50 6,695,000 58.34 3,500,288 1 1 3,500,288
TOTAL 40 100.00 11,476,200 100.00 5,847,338 5,999,993

The Committee of Directors of the company at its meeting held at Mumbai on January 07,2011 has approved the Basis of Allotment of Shares of the issue and has allotted the shares 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 on 10th January, 2011. Further, the instructions to Self Certified Syndicate Banks have been dispatched on or prior to 10th January, 2011. In case the same is not received within 10 days, investors may contact at the address given below. The Refund Orders have been over-printed with the Bank Account details as registered, if any, with the depositories. 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 Bombay Stock Exchange Limited and National Stock Exchange of India Limited within four working days from the date of approval of the basis of allocation.

INVESTORS PLEASE NOTE

The details of the allotment made would also be hosted on the website of the Registrarto the Issue, Sharex Dynamic (India) Pvt. Ltd. www.sharexindia.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:

Sharex Dynamic (India) Pvt. Ltd.
Contact Person: Mr. K C Ajitkumar
Off: Unit-I, Luthra Industrial Premises, 1' Floor, 44-E, M Vasantji Marg, Andheri-Kuria Rd, Safed Pool, Andheri (E), Mumbai - 400 072 Tel -022-2851 5606 Fax- 022- 2851 2858 Email: info@sharexindia.com

Place: Mumbai
Date: January 7, 2011
For Shekhawati Poly-Yarn Limited
Sd/-
Mukesh Ruia

Managing Director

Shekhawati IPO Basis of Allotment FAQs

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

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

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