January 27, 2010 - January 29, 2010

Thangamayil IPO Basis of Allotment

THANGAMAYIL JEWELLERY LIMITED

(Incorproated as a Private Limited Company on March 24, 2000 under the Companies Act, 1956 as Ttiangamayil Jewellery Private Limited vide Certificate of Incorporation issued by the Registrar of Companies, Tamilnadu, Chennai. The Name of the Company was changed to Thangamayil Jewellery Limited upon conversion into Public limited Company with effect from November 20, 2007 and a fresh Certificate of Incorporation has been obtained from Registrar of Companies, Tamil Nadu, Chennai.)

Registered Office: 124, Nethaji Road, Madurai 625 001. Tel: +91-0452-2345553, Fax: +91-0452-2344340
Email: thangamayil@gmail.com, Website: www.thangamayil.com Contact Person: Mr. V. Vijayaraghauan, Company Secretary & Compliance Officer

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 38,33,667 EQUITY SHARES OF Rs. 10/- EACH OF THANGAMAYIL JEWELLERY LIMITED ('TMJL' OR THE 'COMPANY' OR THE 'ISSUER') FOR CASH AT A PRICE OF Rs. 75.00 PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF Rs. 65.00 PER EQUITY SHARE) AGGREGATING TO Rs. 2876.25 LACS (THE 'ISSUE'). UPTO 1,20,000 EQUITY SHARES AGGREGATING TO RS. 90.00 LACS WILL BE RESERVED IN THE ISSUE FOR SUBSCRIPTION BY ELIGIBLE EMPLOYEES ('THE EMPLOYEES RESERVATION PORTION'). THE ISSUE LESS THE EMPLOYEE RESERVATION PORTION IS REFERED TO AS THE 'NET ISSUE'. THE ISSUE WILL CONSTITUTE 27.94 % 0F THE POST ISSUE PAID UP CAPITAL OF THE COMPANY. THE NET ISSUE TO PUBLIC WILL CONSTITUTE 27.07 % OF THE FULLY DILUTED POST ISSUE PAID-UP EQUITY SHARE CAPITAL OF THE COMPANY.

ISSUE PRICE: RS. 75.00 PER EQUITY SHARE OF FACE VALUE RS. 10/- EACH. THE ISSUE PRICE IS 7.5 TIMES THE FACE VALUE

The Issue was being made through the 100% Book Building Process wherein upto 50 % of the Issue will be avilable for allocation on a proportionate Basis to Qualified Institutional Buyers (' QIBs'). out of which 5% shall be available for allocation on a proportionate basis to Mutual Funds only. The remainder shall be available for allocation on a proportionate basis to all QIBs, including Mutual Funds, subject to valid bids being received from them at or above the Issue Price. Further, not less than 15% of the Issue will be available for allocation on a proportionate basis to Non-Institutional Bidders and not less than 35% of the Issue will be available for allocation on a proportionate basis to Retail Individual Bidders, subject to valid bids being received at or above the Issue Price.
The Issue opened for subscription on January 27, 2010 and closed on January 29, 2010. The Issue received 3,058 valid applications for 41,74,240 Equity Shares resulting in 1.089 times subscription. The details of the applications received in the Offer from Qualified Institutional Buyers, Non-Institutional, Retail Individual Investor and Employee categories are as under.
(Before technical rejections)

Category	No. of Applications	No. of Shares	No. of times Subscription
Qualified Institutional Buvers	2	1,033,280	0.556
Non Institutional Investors	19	1,884,080	3.382
Retail Individual Investors	2,936	1,171,040	0.901
Employees	101	85,840	0.715
Total	3,058	4,174,240	1.089

* This includes 753 aplications aggregating to17,41,380 equity shares wtiich were applied through ASBA.

Final Demand : A summary of the final demand at different bid prices is as under:

Bid Price	No. of Shares	% to Total	Cumulative	Cumulative
Bid Price	No. of Shares	% to Total	Total	% to total
70	7,440	0.162	4,588,240	100.00
71	400	0.009	4,580,800	99.84
72	4,480	0.098	4,580,400	99.83
73	160	0.003	4,575,920	99.73
74	80	0.002	4,575,760	99.73
75	3,296,000	71.836	4,575,680	99.73
Cut-off	1,279,680	27.890	1,279,680	27.89
Total	4,568,240	100.000

The Basis of Allotment was finalized in consultation with the Designated Stock Exchange, being the Bombay Stock Exchange Limited ('BSE') on February 9,2010. Details of valid applications received and allotments are as under.

A Allotment to Eligible Employees (After technical rejection) (include ASBA Application)

The Basis of Allotment to the Employees, who have bid at cut-off or at the issue Price of Rs.75/- per Equity Snare, was finalized in consultation with BSE. The category was subscribed 0.706 times. The unsubscribed shares of Employee Reservation portion i.e. 35,280 equity shares has been added to the Non Institutional Investor (5,57,050) category. This includes 10 applications aggregating to 9,200 equity shares through ASBA. The total number of shares allotted in this category is 84,720 Equity Shares to 99 successful applicants The category-wise details ot the Basis of Altocattori are as under:

Category	No. of Applns.	% to total	Total No. Of share applied	% to total	No. of Shares alloted	Ratio	Total No. of shares alloted
80	9	9.09	720	0.85	80	1:1	720
160	4	4.04	640	0 76	160	1:1	640
240	6	6.06	1,440	1.70	240	1:1	1,440
320	4	4.04	1,280	1.51	320	1:1	1,280
400	3	3.03	1,200	1.42	400	1:1	1,200
480	4	4.04	1,920	2.27	460	1:1	1,920
560	2	2.02	1,120	1 32	560	1:1	1,120
640	3	3.03	1,920	2.27	840	1,1	1,920
720	4	4.04	2,880	3.40	720	1:1	2,880
800	2	2.02	1,600	1.89	800	1:1	1,600
960	5	5.05	4,800	5.67	960	1:1	4,800
1040	3	3.03	3,120	3.68	1040	1:1	3,120
1120	11	11.11	12,320	14.54	1120	1.1	12,320
1200	2	2.02	2,400	2 83	1200	1:1	2,400
1280	37	37.37	47,360	55 90	1280	1:1	47,360
Total	99	100.00	84,720	100.00			84,720

B. Allotment to the Retail Individual Investor. (After technical rejection) (include ASBA Application)

The Basis of Allotment to the Retail Individual Investors, who have bid at cut-off or at the Issue Price of Rs. 75/- per Equity Share, was finalized in consultation with BSE. The category was subscribed 0.885 times. 740 applications for 2,18,240 Equity Sriare were made under the ASBA process, The unsubscribed portion of Retail Individual Investors Category ie 1,49,223 equity shares has been added to the Non lnstflultonal investor (5,57,050) category. The total number of shares allotad in this category is 1,150,560 Equity States to 2847 successful applicants. The category wise details of the Basis ot allocattcn are as under.

Category	No. of Applns.	% to total	Total No. of share applied	% to total	No. of Share allotad	Ratio	Total No. of shares allotad
80	1296	45.52	103,660	9.01	80	1:1	103,680
160	386	13.56	61,760	5.37	160	1:1	61,760
240	174	6.11	41,760	3.63	240	1:1	41,760
320	104	3.65	33,280	2.89	320	1:1	33,280
400	93	3 27	37,200	3 23	400	1:1	37,200
480	37	1.30	17,760	1.54	480	1:1	17,760
560	33	1 16	18,480	1.61	560	1:1	18,480
640	67	2.35	42,880	3.73	640	1:1	42,880
720	27	0.95	19,440	1.69	720	1:1	19,440
800	25	0.88	20,000	1.74	800	1:1	20,000
880	2	0 07	1,760	0 15	880	1:1	1,760
960	19	0.67	18,240	1.59	960	1:1	18,240
1040	14	0.49	14,560	1.27	1040	1:1	14,560
1120	49	1.72	54,880	4.77	1120	1:1	54,680
1200	25	0.88	30,000	2.61	1200	1:1	30,000
1280	496	17.42	634,880	55.18	1280	1:1	634,680
Tolal	2847	100.00	1,150,560	100.00			1,150,560

C. Allotment to QIBs (After Technical Rejection)

The Basis of Allotment to the QIBs, who have bid at the Issue Price of Rs. 75/- per Equity Share, was finalized In consultation with BSE. As per SEBI (ICDR) Regulations, 2009 Mutual Funds were to be alloted 5% of the quantum of shares available i.e. 92,842. However there were no applications from Mutual Funds. The category was subscribed 0.556 times. 2 applications for 10,33,280 Equity Share were made, Un-subscrlbed portion of QIB Category i.e. 823,554 equity shares has been added to the Non Institutional Investors (5,57,050) category. The total number ol shares allotted in this category is 10,33,280 Equity Shares. The cateqory-wise details of the Basis of Allocation are as under:

Category	FIIs	Fls/Banks	MFs	INC	Total
No. of Shares	1,000,000	33,280	0	0	1,033,280

D. Allotment to Non Institutional investors (After Technical Rejections) (includes ASBA applications)

The Basis of Allotment to the Non Institutional Investors, who have bid at the Issue Price of Rs. 75/- per Equity Share, was finalized in consultation with BSE on a proportionate basts. The category-was over subscribed 1.084 times. The total number of shares allotted in this category is 15,65,107 Equity Shares to 15 successful applicants including the spill over portion from Employees Category to the extent of 35,280 equity shares, from QIB Category to the extent of 823,554 equity shares and from Retail Category to the extent of 149,233 equity shares. The category-wise details of the Basis of Allotment are under:

Category	No. of Applns.	% to total	Total No. of share applied	% to total	No. of Shares alloted	Ratio	Total No. of shaies alloted
2000	1	6.67	2,000	0.12	1644	1:1	1,844
2640	1	6.67	2,640	0.16	2434	1:1	2,434
3200	1	6 67	3,200	0.19	2951	1:1	2,951
4000	2	13.33	8,000	0.47	3689	1:1	7,378
6640	1	6.67	6,640	0.39	6123	1:1	6,123
12860	2	13.33	25,600	1.51	11803	1:1	23,606
13280	2	13.33	26,560	1.56	12246	1:1	24,492
20000	1	6.67	20,000	1.18	18442	1:1	18,442
133200	1	6.67	133,280	7.85	122901	1:1	122,901
400000	1	6.67	400,000	23.57	368851	1:1	368,851
533360	1	6.67	533,360	31.42	491825	1:1	491,825
536000	1	6.67	536,000	31.58	494260	1:1	494,260
Total	15	100.00	1,697,280	100.00			1,565,107

The Board of Directors of the Company at Its Meeting held at the Registered Office of the Company at Madural on February 09, 2010 has approved the basis of allotment of the Equity Shares of the Issue and the alloted the Equity Shares to various successful applicants.
The CAN-cum-Refund Orders & ECS/RTGS/ NEFT/ DIRECT CREDIT INSTRUCTION and allotment advice have been dispatched to the address of the investors as registered with the depositories and instructions to Self Certified Syndicate Banks (SCSBs) have been completed on February 11, 2010.ln case the same is not received within ten days, investors may contact the Registrar to the issue at the address given below. The Refund Orders have been over-printed with the Bank Mandate 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 has filed a Listing Application with Bombay Stock Exchange Ltd. and National Stock Exchange of India Ltd. on February 11, 2010. The Company is taking steps to get the Equity Shares admitted for trading on Bombay Stock Exchange Limited and the National Stock Exchange of India Limited within seven working days from the date of approval of the basis of allotment.
Investors please note: The details of the allotment made will be hosted on the wehslte of the Registrar to the Issue S.K.D.C. Consultants Ltd. at www.skdc-consultants.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 tie bid-cum- application form, number of shares bid for, name of the Member of the Syndicate and Place where the bid was submitted and payment details at the address given below:

S.K.D.C. CONSULTANTS LIMITED
No.11, Seth Narayandas Layout, West Power House Road, Colmbatore 641012
Tel.: +91 422 6649995. Fax: +91 422 2499574
E-mail: info@skdc-consultants.com, Website: www.skdc-consultants.com
Contact Person: Mrs. Vijayalakshmi Narendra

Place : Madural Pate : February 15, 2010	For THANGAMAYIL JEWELLERY LIMITED Sd/- Mr. Ba. Ramesh Joint Managing Director

Thangamayil IPO Basis of Allotment FAQs

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

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

Visit the Thangamayil IPO allotment status page to check the number of shares allocated to your application.

Thangamayil IPO Basis of Allotment

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