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January 5, 2018 - January 10, 2018

Silly Monks IPO Basis of Allotment

SILLY MONKS ENTERTAINMENT LIMITED
Corporate Identification Number: U92120TG2013PLC090132

Our Company was incorporated as Silly Monks Entertainment Private Limited on September 20,2013 under the Companies Act, 1956 with the Registrar of Companies, Hyderabad bearing Registration No. 090132. The status of our Company was changed to a public limited company and the name of our Company was changed to Silly Monks Entertainment Limited by a special resolution passed on May 15, 2017. A fresh Certificate of Incorporation consequent upon conversion was issued on May 24,2017 by the Registrar of Companies, Hyderabad. The Company's Corporate Identity Number is U92120TG2013PLC090132. For further details, please refer to the chapter titled 'History and Certain Corporate Matters' beginning on page no. 98 of the Prospectus.

Registered Office: 301, Ektha Pearl, 2-17-89, B P Raju Marg, Kothaguda, Kondapur, Hyderabad 500 084. | Tele Fax No.: +91 - 40 - 2300 4518
E-mail: investor@sillymonks.com | Website: www.sillymonks.com | Contact Person: Ms. Sushma Barla, Company Secretary and Compliance Officer.

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 12,60,000 EQUITY SHARES OF RS 10 EACH ('EQUITY SHARES') OF SILLY MONKS ENTERTAINMENT LIMITED ('SMEL'OR THE 'COMPANY' OR THE 'ISSUER') FOR CASH AT A PRICE OF RS 120 PER SHARE (THE 'ISSUE PRICE'), AGGREGATING TO RS 1,512.00 LAKHS ('THE ISSUE'), CONSISTING OF FRESH ISSUE OF 9,70,000 EQUITY SHARES AGGREGATING TO RS 1,164.00 LAKHS AND AN OFFER FOR SALE OF 2,90,000 EQUITY SHARES BY MR. TEKULAPALU SANJAY REDDY AND MR. ANIL KUMAR PALLALA (THE PROMOTER SELLING SHAREHOLDERS) AGGREGATING TO RS 348.00 LAKHS ('OFFER FOR SALE'), OF WHICH 72,000 EQUITY SHARES OF RS 10 EACH 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. ISSUE OF 11,88,000 EQUITY SHARES OF RS 10 EACH IS HEREINAFTER REFERRED TO AS THE 'NET ISSUE'. THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 27.15% AND 25.60%, RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF THE COMPANY.

THE FACE VALUE OF THE EQUITY SHARE IS RS 10 AND THE ISSUE PRICE IS 12.00 TIMES OF THE FACE VALUE.

The Equity Shares of the Company are proposed to be listed on the SME Platform of National Stock Exchange of India Limited ('NSE'). Our Company has received an approval from NSE for the listing of the Equity Shares pursuant to letter dated September 14, 2017. NSE shall be the Designated Stock Exchange for the purpose of this Issue. The trading is proposed to be commenced on January 18,2018 (Subject to receipt of listing and trading approvals from the National Stock Exchange of India Limited). The Issue is being made through the Fixed Price process, the allocation in the Net Issue to the Public category shall be made as per Regulation 43(4) of the SEBI (ICDR) Regulations, 2009, as amended from time to time, wherein a minimum of 50% of the Net Issue of shares to the Public shall initially be made available for allotment to Retail Individual Investors. The balance of Net Issue of Shares to the public shall be made available for allotment to Individual Applicants other than Retail Individual Investors and other Investors, including Corporate Bodies / Institutions irrespective of number of shares applied for. If the Retail Individual Investor category is entitled to more than 50% on proportionate basis, they shall be allotted that higher percentage. Under subscription, if any, in any of the categories, would be allowed to be met with spill-over from any of the other categories or a combination of categories at the discretion of our Company in consultation with the Lead Manager and the Designation Stock Exchange. Such inter-se spill over, if any, would be affected in accordance with applicable laws, rules, regulations and guidelines. All Investors shall participate in the Issue only through APPLICATIONS SUPPORTED BY BLOCKED AMOUNT ('ASBA') process by providing the details of their respective bank accounts in which the corresponding application amounts were blocked by Self Certified Syndicate Banks (the 'SCSBs').

SUBSCRIPTION DETAILS

The Net Issue has received 6,224 applications for 2,07,07,200 Equity Shares resulting in 17.43 times subscription. The details of the applications received in the Net Issue (before and after technical rejections & withdrawal) are as follows:
Detail of the Applications Received

Category Before Technical Rejections & Withdrawals After Technical Rejections & Withdrawals
No. of Applications No. of Equity Shares No. of Applications No. of Equity Shares
Retail Individual Applicant 6065 72,78,000 5981 71,77,200
Non - Retail Applicant 159 1,34,29,200 157 1,34,22,000
Total 6224 2,07,07,200 6138 2,05,99,200

Note: The Issue also includes 72,000 Equity Shares reserved for Market Maker, which was subscribed by 1.00 time and there were no Technical Rejection & any withdrawal. In the event of oversubscription, the allotment will be made on a proportionate basis in marketable lots. There was over subscription of 1,28,28,000 Equity Shares in Non - Retail Category & over subscription 65,83,200 Equity Shares in Retail Category. The Basis of Allotment was finalised in consultation with the Designated Stock Exchange - National Stock Exchange of India Limited on January 15,2018.
A) Allocation to Market Maker (After Technical Rejections & Withdrawals): The Basis of Allotment to the Market Maker, at the Issue Price of Rs 120 per Equity Share, was finalised in consultation with NSE. The category was subscribed by 1.00 times. The total number of shares allotted in this category is 72,000 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
% to Total Total No. of
Shares Applied
in Each Category
% to
Total
Allocation
per Applicant
Ratio of
Allottees to
the Applicant
Total No. of
Shares Allotted
72,000 1 100.00 72,000 100.00 72,000 1:1 72,000
Total 1 100.00 72,000 100.00 72,000

B) Allocation to Retail Individual Investors (After Technical Rejections & Withdrawals): The Basis of Allotment to the Retail Individual Investors, at the Issue Price of Rs 120 per Equity Share, was finalised in consultation with NSE. Pursuant to Regulation 43(4) of the SEBI (ICDR) Regulations, 2009, the total number of shares allocated in this category is 5,94,000 Equity Shares. The category was subscribed by 12.08 times. The category-wise details of the Basis of Allotment are as under:

No. of Shares
Applied for
(Category Wise)
No. of
Applications
Received
% to
Total
Total No. of
Shares Applied
in Each Category
% to
Total
Allocation
per Applicant
Ratio of
Allottees to
the Applicant
Total No. of
Shares Allotted
1200 5,981 100.00 71,77,200 100.00 1,200 1:12 5,94,000
Total 5,981 100.00 71,77,200 100.00 5,94,000

C) Allocation to Non - Retails Category (After Technical Rejections & Withdrawals): The Basis of Allotment to the Non - Retail Investors, at the Issue Price of Rs 120 per Equity Share, was finalised in consultation with NSE. Pursuant to Regulation 43(4) of the SEBI (ICDR) Regulations, 2009, the total number of shares allocated in this category is 5,94,000 Equity Shares. The category was subscribed by 22.60 times. The category-wise details of the Basis of Allotment are as under:

No. of Shares
Applied for
(Category Wise)
No. of
Applications
Received
% to
Total
Total No. of
Shares Applied
in Each Category
% to
Total
Allocation
per Applicant
Ratio of
Allottees to
the Applicant
Total No. of
Shares Allotted
2,400 33 21.02 79,200 0.59 1,200 1:11 3,600
3,600 7 4.46 25,200 0.19 1,200 1:7 1,200
4,800 7 4.46 33,600 0.25 1,200 1:7 1,200
6,000 6 3.82 36,000 0.27 1,200 1:6 1,200
7,200 5 3.18 36,000 0.27 1,200 1:5 1,200
8,400 6 3.82 50,400 0.38 1,200 1:3 2,400
9,600 4 2.55 38,400 0.29 1,200 1:4 1,200
10,800 2 1.27 21,600 0.16 1,200 1:2 1,200
12,000 9 5.73 1,08,000 0.80 1,200 4:9 4,800
13,200 3 1.91 39,600 0.30 1,200 1:3 1,200
14,400 1 0.64 14,400 0.11 1,200 1:1 1,200
16,800 1 0.64 16,800 0.13 1,200 1:1 1,200
18,000 3 1.91 54,000 0.40 1,200 2:3 2,400
19,200 1 0.64 19,200 0.14 1,200 1:1 1,200
20,400 2 1.27 40,800 0.30 1,200 1:1 2,400
21,600 1 0.64 21,600 0.16 1,200 1:1 1,200
24,000 7 4.46 1,68,000 1.25 1,200 6:7 7,200
26,400 1 0.64 26,400 0.20 1,200 1:1 1,200
30,000 1 0.64 30,000 0.22 1,200 1:1 1,200
34,800 1 0.64 34,800 0.26 1,200 1:1 1,200
36,000 1 0.64 36,000 0.27 1,200 1:1 1,200
38,400 1 0.64 38,400 0.29 1,200 1:1 1,200
40,800 4 2.55 1,63,200 1.22 1,200 1:1 4,800
40,800 (Lottery System - Serial No. of Qualifying Applicant is 1) 1,200 1:2 2,400
42,000 5 3.18 2,10,000 1.56 1,200 1:1 6,000
42,000 (Lottery System - Serial No. of Qualifying Applicant is 1,3 and 4) 1,200 3:5 3,600
43,200 1 0.64 43,200 0.32 2,400 1;1 2,400
55,200 1 0.64 55,200 0.41 2,400 1:1 2,400
57,600 1 0.64 57,600 0.43 2,400 1:1 2,400
66,000 1 0.64 66,000 0.49 2,400 1:1 2,400
70,800 1 0.64 70,800 0.53 3,600 1:1 3,600
79,200 1 0.64 79,200 0.59 3,600 1:1 3,600
81,600 1 0.64 81,600 0.61 3,600 1:1 3,600
82,800 3 1.91 2,48,400 1.85 3,600 1:1 10,800
84,000 3 1.91 2,52,000 1.88 3,600 1:1 10,800
1,02,000 1 0.64 1,02,000 0.76 4,800 1:1 4,800
1,18,800 1 0.64 1,18,800 0.89 4,800 1:1 4,800
1,20,000 2 1.27 2,40,000 1.79 4,800 1:1 9,600
1,20,000 (Lottery System - Serial No. of Qualifying Applicant is 1) 1,200 1:2 1,200
1,21,200 1 0.64 1,21,200 0.90 4,800 1:1 4,800
1,24,800 3 1.91 3,74,400 2.79 4,800 1:1 14,400
1,24,800 (Lottery System - Serial No. of Qualifying Applicant is 1 and 2) 1,200 2:3 2,400
1,62,000 1 0.64 1,62,000 1.21 7,200 1:1 7,200
1,65,600 2 1.27 3,31,200 2.47 7,200 1:1 14,400
1,66,800 2 1.27 3,33,600 2.49 7,200 1:1 14,400
4,16,400 13 8.28 54,13,200 40.33 18,000 1:1 2,34,000
4,16,400 (Lottery System - Serial No. of Qualifying Applicant is 1,5,7,8 and 10) 1,200 5:13 6,000
4,99,200 4 2.55 19,96,800 14.88 21,600 1:1 86,400
4,99,200 (Lottery System - Serial No. of Qualifying Applicant is 1) 1,200 1:2 2,400
7,45,200 1 0.64 7,45,200 5.55 33,600 1:1 33,600
11,88,000 1 0.64 11,88,000 8.85 52,800 1:1 52,800
Total 157 100 1,34,22,000 100 5,94,000 5,94,000

The Board of Directors of the Company at its meeting held on January 15, 2018 has taken on record the Basis of Allotment of Equity Shares, as approved by the Designated Stock Exchange viz. NSE and has authorized the corporate action for the allotment of the Equity Shares to various successful applicants. The CAN and allotment advice and / or notices have been dispatched to the address of the investors as registered with the depositories. Further, the instructions to Self Certified Syndicate Banks have been processed on or before January 17,2018 for unblocking of funds. The Equity Shares allotted to successful applicants are being credited to their beneficiary accounts subject to validation of the account details with the depositories concerned. In case the same is not received within prescribed
time, investors may contact the Registrar to the Issue at the address given below. The Company is taking steps to get the Equity Shares admitted for trading on the SME Platform of National Stock Exchange of India Limited within 6 working days from the Closure of the Issue. The trading is proposed to be commenced on January 18, 2018, subject to receipt of listing and trading approvals from National Stock Exchange of India Limited.
Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectus dated December 26,2017 ('Prospectus').

INVESTORS PLEASE NOTE

The details of the allotment made has been hosted on the website of the Registrar to the Issue, Bigshare Services Private Limited at Website: 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 Applicant, 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 given below:

BIGSHARE SERVICES PRIVATE LIMITED
1 st floor, Bharat Tin works Building, Opposite Vasant Oasis, Marol Maroshi Road, Marol, Andheri (East), Mumbai - 400059.
Tel: +91 - 22 - 6263 8200 | Fax: +91 - 22 - 6263 8299
Email: ipo@bigshareonline.com | Website: www.bigshareonline.com
Contact Person: Mr. Vipin Gupta | SEBI Registration No.: INR000001385

Place: Hyderabad
Date: January 17,2018

For Silly Monks Entertainment Limited
On Behalf of the Board of Directors
Sd/-
Chairman & Managing Director

Silly Monks IPO Basis of Allotment FAQs

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

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

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