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September 28, 2018 - October 4, 2018

Shubham Polyspin IPO Basis of Allotment

Registered Office: Block No. 748, Saket Industrial Estate, Nr. Kaneria Oil Mill, Jetpura - Basantpura Road, Village Borisana, Taluka Kadi,Mahesana-382728, Gujarat, India;
Tel No.: +91 70431 24999, +91 70431 25999; Website: sppl.shubhamgrp.co; E-Mail: compliance@shubhamgrp.co;
COMPANY SECRETARY AND COMPLIANCE OFFICER: MS. HARPRIT SAINI
PROMOTERS OF THE COMPANY: MR. ANIL SOMANI, MR. ANKIT SOMANI AND MR. AKSHAY SOMANI
BASIS OF ALLOTMENT

SHUBHAM POLYSPIN LIMITED - SME IPO

PUBLIC ISSUE OF 1500000 EQUITY SHARES OF FACE VALUE OF RS. 10 EACH OF SHUBHAM POLYSPIN LIMITED ('SHUBHAM' OR THE 'COMPANY' OR THE 'ISSUER') FOR CASH AT A PRICE OF RS. 40 PER EQUITY SHARE INCLUDING A SHARE PREMIUM OF RS. 30 PER EQUITY SHARE (THE 'ISSUE PRICE') AGGREGATING TO RS. 600.00 LAKH ('THE ISSUE'), OF WHICH 78000 EQUITY SHARES OF FACE VALUE OF RS. 10 EACH FOR CASH AT A PRICE OF RS. 40 PER EQUITY SHARE INCLUDING A SHARE PREMIUM OF RS. 30 PER EQUITY SHARE AGGREGATING TO RS. 31.20 LAKH WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER TO THE ISSUE (THE 'MARKET MAKER RESERVATION PORTION'). THE ISSUE LESS THE MARKET MAKER RESERVATION PORTION i.e. NET ISSUE OF 1422000 EQUITY SHARES OF FACE VALUE OF RS. 10 EACH AT A PRICE OF RS. 40 PER EQUITY SHARE INCLUDING A SHARE PREMIUM OF RS. 30 PER EQUITY SHARE AGGREGATING TO RS. 568.80 LAKH IS HEREIN AFTER REFERRED TO AS THE 'NET ISSUE' THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 27.22% AND 25.81% RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY.

In terms of Prospectus dated September 18, 2018 and as per Regulation 43 (4) of SEBI (ICDR) Regulations, 2009 wherein (a) minimum of 50 % of the Net Offer to Public shall be initially made available to Retail Individual Investors and (b) The balance net offer of shares to the public shall be made available for allotment to i) individual applicants other than retail individual investors and ii) other investors including corporate bodies or institutions, irrespective of number of specified securities applied for. c) The unsubscribed portion in either of the categories specified in (a) or (b) above may be allocated to the applicants in the other category.

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 .40/- EACH INCLUDING A SHARE PREMIUM OF RS. 30/- PER EQUITY SHARE. THE ISSUE PRICE IS 4 TIMES OF THE FACE VALUE. ISSUE WAS OPENED ON FRIDAY, SEPTEMBER 28, 2018 AND CLOSED ON THURSDAY, OCTOBER 4, 2018.

The Equity Shares offered through the Prospectus are proposed to be listed on SME Platform of BSE Limited. In terms of the Chapter XB of the SEBI (ICDR) Regulations, 2009, as amended from time to time, our Company has received in principle approval letter dated September 14, 2018 from BSE Limited ('BSE') for using its name in the offer document for listing our shares on the SME Platform of BSE Limited. For the purpose of this Issue, the designated Stock Exchange will be the BSE Limited.

SUBSCRIPTION DETAILS

Details of Applications:

The Issue has received 866 applications (before Technical Rejections) for 41,76,000 Equity Shares (Including Market Maker Application of 78,000 Equity Shares) resulting 2.78 times subscription. The details of the applications received in the Issue (before technical rejections) are as follows:

Details of the valid Applications Received (before Technical Rejections & Withdrawal of Application):

Category Number of Applications Number of Equity Shares Subscription Ratio
Market Makers 1 78,000 1 Times
Non Retail Investor’s 11 15,36,000 2.16 Times
Retail Individual Investor’s 854 25,62,000 3.60 Times
Total 866 41,76,000 Overall 2.78 Times

Total 4 applications received in Retail Individual Investors Category for 12,000 Shares and 1 Application received in Non Retail Investor's Category for 1,74,000 Shares were rejected on technical grounds. Further, there was no withdrawal of application in any of the category.

ALLOCATION: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - BSE Limited on October 09, 2018.

A. Allocation to Market Maker (After Technical Rejections & Withdrawal): The Basis of Allotment to the Market Maker, at the issue price of Rs. 40/- per Equity Share, was finalized in consultation with BSE. The category was subscribed by 1.00 time. The total number of shares allotted in this category is 78,000 Equity shares in full, out of reserved portion of 78,000 Equity Shares.
B. Allocation to Retail Individual Investors (After Technical Rejections & Withdrawal, if any): The Basis of Allotment to the Retail Individual Investors, at the issue price of Rs. 40/- per Equity Share, was finalized in consultation with BSE. The category was subscribed by 2.75 times. Total number of shares allotted in this category is 9,27,000 Equity Share as under;
No. of Shares Applied for (Category wise) No. of Applications Received % to Total Total No. of Equity Shares applied % to Total Proportionate Shares Available Allocation per Applicant (before Rounding Off) Allocation per Applicant (after Rounding Off) Ratio of Allottees to the Applicants Serial Number of Qualifying applicants Number of Successful Applicants (After Round ing Off) % to Total Total No. of Equity Shares allocated/ allotted % to Total No. of Shares Surplus /Deficit
3000 850 100.00 2550000 100.00 927000 1090.59 3000 309:850 As below 309 100.00 927000 100.00 0
Total 850 100.00 2550000 100.00 927000         309 100.00 927000 100.00 0

Serial Number of Qualifying applicants -Retail Individual Investors

2, 6, 9, 10, 16, 17, 19, 23, 25, 30, 31, 35, 37, 40, 44, 48, 53, 54, 57, 61, 62, 71, 74, 76, 84, 88, 89, 93, 99, 101, 102, 103, 107, 111, 113, 115, 116, 118, 123, 129, 131, 136, 140, 142, 143, 145, 148, 151, 152, 153, 155, 158, 162, 166, 169, 170, 174, 177, 179, 183, 184, 186, 189, 191, 193, 194, 195, 199, 202, 203, 207, 208, 209, 212, 21 3, 215, 217, 220, 222, 224, 226, 228, 231, 232, 235, 238, 240, 242, 246, 248, 250, 253, 254, 259, 262, 263, 265, 266, 269, 271, 273, 278, 279, 284, 286, 287, 289, 290, 295, 297, 301, 305, 306, 307, 316, 317, 320, 321, 323, 324, 325, 326, 328, 334, 339, 342, 344, 346, 350, 351, 354, 355, 357, 362, 365, 366, 367, 370, 372, 37 4, 375, 380, 382, 383, 389, 393, 396, 398, 404, 407, 408, 410, 411, 417, 419, 421, 422, 423, 426, 428, 430, 432, 440, 443, 444, 446, 447, 450, 452, 453, 455, 460, 461, 463, 466, 468, 471, 472, 477, 483, 484, 485, 487, 489, 490, 492, 497, 498, 503, 504, 508, 510, 513, 516, 519, 521, 522, 524, 525, 528, 530, 531, 535, 537, 54 3, 544, 546, 550, 553, 557, 560, 562, 567, 569, 570, 573, 577, 579, 581, 583, 587, 591, 594, 595, 597, 599, 602, 603, 607, 608, 613, 617, 619, 621, 626, 628, 630, 634, 636, 639, 640, 646, 648, 649, 650, 653, 658, 659, 660, 664, 665, 668, 672, 675, 676, 678, 679, 683, 686, 688, 690, 694, 697, 698, 700, 702, 704, 708, 709, 71 3, 717, 720, 722, 723, 726, 727, 735, 736, 738, 739, 746, 747, 750, 752, 760, 761, 765, 769, 778, 779, 780, 786, 790, 793, 795, 798, 803, 804, 809, 812, 814, 818, 825, 827, 832, 835, 840, 843, 849

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. 40/- per Equity Share, was finalized in consultation with BSE The category was subscribed by 2.75 times. Total number of shares allotted in this category is 4,95,000 Equity Shares. The category wise basis of allotment is as under:
No. of Shares Applied for (Category wise) No. of Applications Received % to Total Total No. Of Equity Shares applied % to Total Proportionate Shares Avail able Allocation per Applicant (before Rounding Off) Allocation per Applicant (after Rounding Off) Ratio of Allo ttees to the Applicants Serial Number of Qualifying applicants Number of Successful Applicants (After Rounding Off) % to Total Total No. of Equity Shares allocated / allotted % to Total Surplus /(Deficit) (Rounded off)
6000 1 10.00 6000 0.44 2181 2181.00 3000.00 1:1   1 10.00 3000 0.61 819
12000 1 10.00 12000 0.88 4361 4361.00 3000.00 1:1   1 10.00 3000 0.61 -1361
81000 2 20.00 162000 11.89 58877 29438.50 30000.00 1:1   2 20.00 60000 12.12 1123
87000 1 10.00 87000 6.39 31619 31619.00 30000.00 1:1   1 10.00 30000 6.06 -1619
99000 1 10.00 99000 7.27 35980 35980.00 36000.00 1:1   1 10.00 36000 7.27 20
249000 4 40.00 996000 73.13 361982 90495.50 90000.00 1:1   4 40.00 360000 72.73 -1982
249000 3000 additional share is allocated for Serial no 6 in the ratio of 1:4 3000.00 1:4 2     3000 061 3000
Total 10 100.00 1362000 100.00 495000         10 100.00 495000 100.00 0

The Board of Directors of the Company at its meeting held on October 10, 2018 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. Further, the instructions to Self Certified Syndicate Banks were being processed on or before October 10, 2018. 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 within Six working days from the date of the closure of the Issue. The trading is proposed to be commenced on or before Friday, October 12, 2018 subject to receipt of final listing and trading approvals from the BSE.

INVESTORS PLEASE NOTE

The details of the allotment made would also be hosted on the website of the Registrar to the Issue, Link Intime India Private Limited at www.linkintime.co.in. 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:

LINK INTIME INDIA PRIVATE LIMITED On behalf of the Board of Directors
Address: C-101, 1st Floor, 247 Park, Lal Bahadur Shastri Marg, For, SHUBHAM POLYSPIN LIMITED
Vikhroli (West), Mumbai - 400 083, Maharashtra Sd/-
Tel. Number: +912249186200; Fax Number: +912249186195; Website: www.linkintime.co.in; Ankit Anil Somani
SEBI Registration Number: INR000004058; Contact Person: Ms. Shanti Goapalkrishnan; Managing Director
Email/ Investor Grievance E-mail: shubham.ipo@linkintime.co.in DIN: 05211800
Place: Kadi
Date: October 10, 2018

THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE EQUITY SHARES ON LISTING ORTHE BUSINESS PROSPECTS OF SHUBHAM POLYSPIN LIMITED

Note: All capitalized terms used and not defined herein shall have the respective meaning assigned to them in the Prospectus.

Shubham Polyspin IPO Basis of Allotment FAQs

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

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

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