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April 29, 2022 - May 5, 2022

Sonu Infratech IPO Basis of Allotment

wpe1A0.jpg (2221 bytes) SONU INFRATECH LIMITED
CIN: U45500GJ2017PLC099276

Our Company was originally formed and registered as a partnership firm under the Partnership Act, 1932 ("Partnership Act") in the name and style of "M/s Sonu Enterprises", pursuant to a deed at partnership dated September 01, 2001. The constitution of partnership firm was changed on November 14th, 2014. Thereafter the constitution of partnership firm was changed on July 6, 2017 by admission of partners Subsequently. "M/s. Sonu Enterprises" was converted from a partnership firm to a public limited company under Part I chapter XXI of the Companies Act, 2013 in the name of "Sonu Infratech Limited" and received a certificate of incorporation dated September 29, 2017 from the Central Registration Center Registrar of Companies. The Corporate Identification Number of our Company is U45500GJ2017PLC099276 For details of change in registered office of our Company, please refer to chapter titled "HISTORY AND CORPORATE STRUCTURE" beginning on page no. 136 of the Prospectus

Registered office: Platinum 404, 4th Floor Park Colony, Opp. Joggers Park Jamnagar -361008, Gujarat.
Website: www.sonuinfratech.com • E-Mail: info@sonuinfratech.com • Telephone No: 0288-2555089
Company Secretary and Compliance Officer: Ms. Puja Paras Mehta
PROMOTERS OF THE COMPANY: MR. RAMJI SHRINARAYAN PANDEY AND MR. KETAN VALLABHDAS MODI
BASIS OF ALLOTMENT SME IPO (NSE EMERGE)

PUBLIC ISSUE OF 24,00,000 EQUITY SHARES OF FACE VALUE OF RS 10 EACH OF SONU INFRATECH LIMITED ("SONU" OR THE "COMPANY" OR THE "ISSUER") FOR CASH AT A PRICE OF RS 36 PER EQUITY SHARE INCLUDING A SHARE PREMIUM OFT 26 PER EQUITY SHARE (THE "ISSUE PRICE") AGGREGATING TO RS 864.00 LAKHS ("THE ISSUE"), OF WHICH 1,20,000 EQUITY SHARES OF FACE VALUE OF RS 10 EACH FOR CASH AT A PRICE OF RS 36 PER EQUITY SHARE INCLUDING A SHARE PREMIUM OF RS 26 PER EQUITY SHARE AGGREGATING TO RS. 20 LAKHS 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 22,80,000 EQUITY SHARES OF FACE VALUE OF RS 10 EACH AT A PRICE OF RS 36 PER EQUITY SHARE INCLUDING A SHARE PREMIUM OF RS 26 PER EQUITY SHARE AGGREGATING TO RS 20.80 LAKHS IS HEREIN AFTER REFERRED TO AS THE "NET ISSUE". THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 30.57% AND 29.04% RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY.

In terms at The Prospectus dated April 25, 22 and as per 253(2) of the SEBI (ICDR) Regulations, 2018 wherein allocation in the net offer to the public category shall be; (a) minimum of 50 % to Retail Individual Investors and (b) remaining to i) individual applicants other man retail individual investors and ii) other investors including corporate bodies or institutions, irrespective of number of specified securities applied for. Provided that the unsubscribed portion in either of the categories specified in clauses (a) or (b) may be allocated to applicants in the other category.

Explanation: If the retail individual investor category is entitled to more than fifty per cent, of the Net issue size on a 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 36/- EACH INCLUDING A SHARE PREMIUM OF RS 26/- PER EQUITY SHARE. THE ISSUE PRICE IS 3.6 TIMES OFTHE FACE VALUE. THE ISSUE WAS OPENED ON FRIDAY, APRIL 29, 2022 AND CLOSED ON THURSDAY, MAY 05, 2022.

The Equity Shares offered through me Prospectus arc proposed to be listed on Emerge Platform of National Stock Exchange of India Ltd. (NSE) in terms of the Chapter IX of the SEBI (ICDR) Regulations, 2018, as amended from time to time, our Company has received in principle approval letter dated March 15, 2022 from NSE for using its name in this offer document for listing our shares on the Emerge Platform of NSE for the purpose of this issue, the designated Stock Exchange will be the NSE.

SUBSCRIPTION DETAILS

Details of Applications: The Issue has received 5367 applications (before Technical Rejections for 88 applications of 330000 Equity Shares but after removing 3659 applications for 12486000 shares for which 'bid filed but not banked) for 28839000 Equity Shares (including Market Maker Application of 120000 Equity Shares) resulting 12.0163 times

The details of the valid applications received in the Issue (after Technical Rejections for 88 applications of 330000 Equity Shares and alter removing 3659 applications for 12486000 shares for which "bid filed but not banked) are as follows:

Category Number of Applications Number of Equity Shares

Subscription Ratio (Alter Revised Subscription)

Market Makers 1 120000

1.0000 Time

Retail Individual Investor's 4938 14814000

12.4383 Times*

Non-Retail Investor's 340 13575000

12.4656 Times*

Total 5279 28509000 Overall 11.8788 Times

Total 80 applications for 240000 shares in Retail individual Investors were rejected on technical grounds Total 8 applications (or 90000 shares in Other than Retail Category v/ere rejected on technical grounds. Further, there was no withdrawal of application in any of the category.

*After revised subscription (original allocation was for 1140000 Equity Shares and allotment was made for 1191000 Equity Shares in retails category and in original Allocation was for 1140000 Equity Shares and allotment was made for 1089000 Equity Shares in other than retail category).

ALLOCATION: The Basis of Allotment was Finalized in consultation with the Designated Stock Exchange being NSE on May 10, 2022

A. Allocation to Market Maker (After Technical Rejections & Withdrawal): The Basis of Allotment to the Market Maker, at the issue price of Rs 36/- per Equity Share, was finalized in consultation with NSE The category was subscribed by 10000 time The total number of shares allotted in this category is 120000 Equity shares, out of reserved portion of 120000 Equity Shares
B. Allocation lo Retail Individual Investors (Alter Technical Rejections & Withdrawal, if any): The Basis of Allotments the Retail individual Investors, at the issue price of Rs. 36/- per Equity Share, was finalized In consultation with NSE, The category was subscribed by 12.4383 times (As per Revised Subscription). Total number of shares allotted in this category are 1191000 Equity Share as under:
No. of Shares Applied for (Category wise) No. of Applications received % to total Total No, of Equity Shares applied % of 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 Qualitying applicants Number of Successful Applicants (After Rounding Off) % to Total Total No. of Equity Shares allocated /allotted % to Total Surplus/ (Deficit)
3000 4930 100.00 14814000 100.00 1191000 241.19 3000 3974938 As below 397 100.00 1191000 100.00 0
TOTAL 4936 100.00 14814000 100.00 1191000 397 100.00 1191000 100.00 0

Serial Number of Qualifying applicants -Retail Individual Investors;

8, 33, 60 69, 70, 78, 90, 109, 116, 138, 142, 145, 148, 197, 200, 211, 222, 233, 235, 239, 255, 259, 267, 284, 287, 294, 297, 310, 311, 330, 351, 358, 381, 408, 415, 498, 501, 502, 506, 532, 558, 571, 598, 607, 615, 625, 644, 654, 668, 683, 686, 689, 693, 711, 714, 723, 747, 749, 755, 761, 773, 795, 798, 801, 815, 825, 847, 852, 853, 861, 868, 875, 882, 893, 906, 908, 946, 960, 993, 998, 999, 1005, 1053, 1054, 1061, 1071, 1090, 1096, 1098, 1104, 1115, 1139, 1149, 1167, 1210, 1217, 1219, 1228, 1229, 1242, 1287, 1290, 1315, 1343, 1352, 1366, 1374, 1401, 1411, 1450, 1492, 1493, 1513, 1527, 1529, 1538, 1539, 1552, 1554, 1568, 1570, 1603, 1611, 1622, 1650, 1660, 1668, 1676, 1693, 1695, 1715, 1716, 1727, 1735, 1751, 1758, 1785, 1801, 1804, 1813, 1821, 1827, 1840, 1860, 1875, 1876, 1881, 1894, 1896, 1907, 1939, 1943, 1950, 1951, 1952, 1965, 1977, 1981, 1983, 1993, 1998, 2078, 2093, 2094, 2096, 2098, 2105, 2121, 2125, 2128, 2139, 2147, 2152, 2156, 2160, 2174, 2177, 2178, 2215, 2225, 2229, 2239, 2246, 2253, 2256, 2288, 2314, 2319, 2321, 2323, 2334, 2357, 2382, 2384, 2399, 2413, 2422, 2461, 2480, 2491, 2499, 2505, 2520, 2543, 2552, 2553, 2565, 2569, 2579, 2593, 2597, 2598, 2621, 2623, 2654, 2682, 2706, 2743, 2747, 2759, 2763, 2767, 2768, 2779, 2783, 2784, 2785, 2793, 2796, 2815, 2821, 2844, 2848, 2861, 2863, 2866, 2871, 2873, 2887, 2892, 2893, 2898, 2899, 2903, 2908, 2922, 2947, 2956, 2964, 2971, 2978, 2985, 3004, 3014, 3033, 3042, 3048, 3069, 3089, 3092, 3103, 3129, 3138, 3149, 3154, 3184, 3187, 3214, 3248, 3266, 3296, 3297, 3302, 3308, 3312, 3318, 3335, 3341, 3345, 3358, 3370, 3372, 3392, 3397, 3410, 3411, 3421, 3423, 3473, 3487, 3494, 3516, 3537, 3538, 3545, 3553, 3556, 3565, 3590, 3600, 3624, 3631, 3644, 3696, 3710, 3735, 3749, 3750, 3755, 3779, 3796, 3797, 3815, 3824, 3826, 3841, 3849, 3853, 3864, 3909, 3931, 3936, 3968, 3973, 3976, 3979, 3983, 3997, 4004, 4015, 4023, 4034, 4070, 4076, 4106, 4127, 4141, 4143, 4144, 4146, 4164, 4196, 4218, 4229, 4232, 4235, 4236, 4237, 4239, 4252, 4267, 4269, 4285, 4291, 4299, 4302, 4304, 4317, 4331, 4339, 4351, 4370, 4390, 4392, 4434, 4437, 4478, 4501, 4518, 4521, 4527, 4539, 4548, 4610, 4612, 4613, 4620, 4652, 4653, 4684, 4719, 4726, 4736, 4742, 4745, 4753, 4793, 4800, 4808, 4824, 4835, 4840, 4864, 4884, 4906, 4917, 4937

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 36/- per Equity Share, was finalized in consultation with NSE. The category was subscribed by 12.4656 times. Total number of shares allotted in this category is 1089000 Equity Shares. The category wise basis of allotment is as under:
No. or Shares Applied for (Category wise) No. of Applications % to Total Total No. of Equity Shares applied each category % of 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 Rounding Off) % to Total Total No. of Equity Shares allocated / allotted % to Total Surplus/ (Deficit) (Rounded off)
6000 150 44.13 900000 663 72199 481.33 3000 4 25 3,12,16,17 24 15.2 72000 6.61 -199
9000 18 5.3 162000 1.19 12996 721.99 3000 2 9 1,8 4 2.53 12000 1.1 -996
12000 13 3.82 156000 1.15 12514 962.65 3000 4 13 2, 4, 9, 13 4 2.53 12000 1.1 -514
15000 15 4.41 225000 1.66 18050 1203.31 3000 2 5 1,5 6 3.81 18000 1.65 -50
18000 16 4.7 2288000 2.12 23104 1443.98 3000 1 2 1 8 5.06 24000 2.2 896
21000 7 2.07 147000 1.08 11792 1684.64 3000 4 7 1,3,5,6 4 2.53 12000 1.1 208
24000 13 3.82 312000 23 25029 1925.3 3000 8 13 1,2,3, 5, 8, 9, 11, 12 8 506 24000 2.2 -1029
27000 12 3.53 324000 2.39 25992 2165.97 3000 3 4 1,3,4 9 5.7 27000 2.48 1008
30000 18 5.3 540000 3.98 43319 2406.63 3000 7 9 1,2, 3, 6, 7, 8, 9 14 886 42000 3.86 -1319
33000 8 2.35 264000 1.94 21178 2647.29 3000 7 8 1,2, 3, 5, 6, 7, 8 7 443 21000 1.93 -178
36000 8 2.35 288000 2.12 23104 2887.96 3000 1 1 - 8 5.06 24000 2.2 896
39000 5 1.47 195000 1.44 15643 3128.62 3000 1 1 - 5 3.16 15000 1.38 -643
42000 6 1.77 252000 1.86 20216 3369.28 3000 1 1 - 6 3.8 18000 1.65 -2216
3000 1 6 3 - 0 3000 0.28 3000
45000 10 2.94 450000 3.31 36099 3609.94 3000 1 1 - 10 6.33 30000 2.75 -6099
0 0 3000 1 5 1 - 0 6000 0.55 6000
48000 3 0.88 144000 1.06 11552 3850.61 3000 1 1 - 3 1.9 9000 0.83 -2552
0 3000 1 3 2 - 0 3000 0.28 3000
51000 3 0.88 153000 1.13 12274 4091.27 3000 1 1 - 3 1.9 9000 0.83 -3274
0 0 3000 1 3 1 - 0 3000 0.28 3000
54000 4 1.18 216000 1.59 17328 4331.93 3000 1 1 - 4 2.53 12000 1.1 5328
3000 1 2 2 - 0 6000 0.55 6000
57000 2 0.6 114000 084 9145 4572.6 3000 1 1 - 2 1.27 6000 0.55 -3145
0 0 3000 1 2 1 - 0 3000 0.28 3000
60000 3 0.88 180000 1.33 14440 4813.26 3000 1 1 - 3 1.9 9000 0.83 -5440
3000 2 3 2,3 - 0 6000 0.55 6000
69000 4 1.18 276000 2.03 22141 5535.25 3000 1 1 - 4 2.53 12000 1.1 -10141
0 0 3000 3 4 2,3,4 - 0 9000 0.83 9000
84000 2 0.59 168000 1.24 13477 6738.56 6000 1 1 - 2 1.27 12000 1.1 -1477
3000 1 2 1 - 0 3000 0.28 3000
90000 1 0.29 90000 0.66 7220 7219.89 6000 1 1 - 1 0.63 6000 0.55 -1220
93000 1 0.29 93000 0.69 7461746 0.55 9000 1 1 - 1 0.63 9000 0.83 1539
99000 1 0.29 99000 0.73 7942 7941.88 9000 1 1 - 1 0.63 9000 0.83 1058
108000 1 0.29 108000 0.8 8664 8663.87 9000 1 1 - 1 0.63 9000 0.83 336
126000 1 0.29 126000 0.93 10108 10107.85 9000 1 1 - 1 0.63 9000 0.83 -1108
135000 1 0.29 135000 0.99 10830 10829.83 12000 1 1 - 1 0.63 12000 1.1 1170
138000 2 0.59 276000 2.03 22141 11070.5 9000 1 1 - 2 1.28 18000 1.65 -4141
150000 3000 1 2 2 - 0 3000 0.28 3000
1 0.29 150000 1.1 12033 12033.15 12000 1 1 - 1 0.63 12000 1.1 -33
168000 2 0.59 336000 248 26954 13477.13 12000 1 1 - 2 1.27 24000 22 -2954
276000 1 0.29 276000 2.03 22141 2214099 21000 1 1 - 1 0.63 21000 1.92 -1141
300000 1 0.29 300000 2.21 24066 24066.3 24000 1 1 - 1 0.63 24000 2.2 - 66
420000 1 0.29 420030 3.09 33692 3359232 33000 1 1 - 1 0.63 33000 3.03 592
555000 2 0.59 1110000 8.18 89045 44522.65 45000 1 1 - 2 1.27 90000 8.26 955
600000 1 029 600000 4.42 48133 48132.64 8000 1 1 - 1 9.63 48000 4.41 -133
834000 1 0.29 334000 614 66904 66904.31 66000 1 1 - 1 063 66000 6.06 -904
1200000 1 0.29 1200000 884 96265 96265.19 96000 1 1 - 1 0.63 96000 8.81 -265
1660000 1 0.29 1668000 12.29 133809 133808.62 135000 1 1 1 0.63 135000 12.4 1191
Total 340 100 13575000 100 1089000 158 100 1089000 100 -

The Board of directors of the Company at its meeting held on May 10, 2022 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz NSE and has authorized the corporate action for allotment of shares in dematerialized form to various successful applicants.

The allotment advice and/or notices are being dispatched to the address of the Applicants as registered with the depositories. Further, the instructions to Self-Certified Syndicate Banks were being processed on or before May 11, 2022. 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 Emerge Platform of NSE within Six working days from the date of the closure of the Issue. The trading is proposed to be commenced on Friday, May 13, 2022 subject to receipt of final listing and trading approvals from the NSE.

Corrigendum to Prospectus- Notice to Investors

This corrigendum is with reference to the Prospectus filed in relation to the Issue, in this regard, please note the following:

In the SECTION TERMS OF THE ISSUE on Page 197 of the Prospectus under subheading "PERIOD OF OPERATION OF SUBSCRIPTION LIST OF PUBLIC ISSUE" on Page No 199, in second table last line "Commencement of trading of the Equity Shares on NSE" "Friday, May 17, 2022" should read as "Friday, May 13, 2022".

INVESTORS PLEASE NOTE

The details 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 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:

SKYLINE FINANCIAL SERVICES PRIVATE LIMITED On behalf of the Board of Directors
FOR, SONU INFRATECH LIMITED
Address: D-153A. 1st Floor, Okhla Industrial Area Phase-I, New Delhi -110020, India sa
Tel. Number: 011-40450193-197; Fax: 011-26812683, Email Id: compliences@skylinerta.com; Mr. Ramji Shrinarayan Pandey
Investors Grievance Id: grievances@skylmerta.com; Website: www.skylmerta.com; Contact Person: Mr Alok Gautam Chairman and Managing Director
Place: Jamnagar, Gujarat Date: May 11, 2022 DIN:02815473

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 SONU INFRATECH LIMITED

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



Sonu Infratech IPO Basis of Allotment FAQs

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

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

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