Thejo Engineering IPO Basis of Allotment

THEJO ENGINEERING LIMITED

Our Company was incorporated as Thejo Engineering Services Private Limited on March 26, 1986. The name of our Company was changed to Thejo Engineering Private Limited pursuant to a fresh certificate of incorporation dated June 17, 2008 issued by the Registrar of Companies, Tamil Nadu, Chennai, consequent to change of name. Subsequently, the name of our Company was changed to Thejo Engineering Limited, pursuant to which a fresh certificate of incorporation dated August 1, 2008 was issued by the Registrar of Companies, Tamil Nadu, Chennai. For further details of incorporation, corporate structure, changes of name and registered office of our Company, please see section titled "History and Corporate Structure" beginning on page 81 of the Prospectus.

Registered Office: Aysha Building, 2^nd floor,41, Whites Road, Chennai 600 014, Tamil Nadu, India; Tel No: +91 44 43921900; Fax No: +91 44 28522547
Corporate Office: 41, Cathedral Road, VDS Mouse, Chennai 600 086, Tamil Nadu, India; Tel No: +91 44 42221900; Fax No: +91 44 42221910
Contact Person: Mr. M.D. Ravikanth, Company Secretary and Compliance Officer; Website: www.thejo-engg.com; E-mail: investor@thejo-engg.com

PUBLIC ISSUE OF 472,800 EQUITY SHARES OF FACE VALUE OF RS. 10 EACH FOR CASH AT A PRICE OF RS. 402 PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF RS. 392 PER EQUITY SHARE) AGGREGATING UPTO RS. 1,900.66 LACS (THE "ISSUE") BY OUR COMPANY, OF WHICH 12,300 EQUITY SHARES OF RS. 10 EACH WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKERS TO THE ISSUE ("MARKET MAKER RESERVATION PORTION"). THE ISSUE LESS THE MARKET MAKER RESERVATION PORTION I.E. ISSUE OF 460,500 EQUITY SHARES OF RS. 10 EACH IS HEREINAFTER REFERRED TO AS THE "NET ISSUE". THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 27.54% AND 26.82%, RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OFTHE COMPANY

The Issue was made through the Book Building Process in accordance with Chapter XB of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, (the "SEBI (ICDR) Regulations")as amended. This was an issue wherein not more than 50% of the Issue shall be available for allocation on a proportionate basis to QIBs, of which 5% shall be reserved for Mutual Funds. Further, not less than 15% of the Issue shall be available for allocation on a proportionate basis to Non Institutional Bidders and not less than 35% of the Issue shall 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 September 04, 2012 and closed on September 06 2012, in accordance with the SEBI (ICDR) Regulations, 2009. The details of the applications received in the Offer from Qualified Institutional Buyers, Non-Institutional Bidders, Retail Individual Bidders and Market Maker are as under (Before Technical Rejections but after Cheque Returns):

Final Demand
A summary of the final demand as perthe the National Stock Exchange of India Limited ("NSE") as on the Bid/Offer Closing date at different bid price is as under:

The Basis of Allotment was finalised in consultation with NSE on September 12, 2012. The synopsis of the basis (after technical rejections) is given below:

A. Allotment to the Market Maker's Category
The Basis of Allotment to the Market Maker at the Issue Price of Rs. 402 per Equity Share was finalized in consultation with NSE.This category had 1 valid application for 12,300 Equity Shares against 12,300 Equity Shares reserved forthis category resulting in subscription of 1.00 times.

B. Allotment to Qualified Institutional Buyers' (QIB) Category
The Basis of Allotment to the QIBs at the Issue Price of Rs. 402 per Equity Share was finalized in consultation with NSE.3 valid applications for 229,200 Shares were received against 230,250 Equity Shares reserved for this category resulting in subscription of 0.99 times. The balance 1,050 Equity Shares were added to the NIB Category.

C. Allotment to Non Institutional Bidders
The Basis of Allotment to the NIBs at the Issue Price at or above the Issue Price of Rs. 402 per Equity Share was finalized in consultation with NSE. Overall 26 valid applications for 57,000 Shares were received, against 69,075 Equity Shares reserved for this category plus 1,050 equity shares as spill over from QIB category resulting in subscription of 0.86 times.

D. Allotment to Retail Individual Bidders (Including ASBA Applications)
The Basis of Allotment to the Retail Individual Bidders, who have bid at Cut-off Price or at or above the Issue Price of Rs. 402 per Equity Share, was finalized on a proportionate basis in consultation with NSE. Overall 1245 valid applications for 373,500 Shares were received, against 161,175 Equity Shares reserved for this category plus 13,125 equity shares as spill overtrom Nil category resulting in subscription of 2.14 times

By a Circular resolution passed by the majority of Directors on September 12, 2012, the Board has approved the Basis of Allotment of Equity Shares of the Issue and has allotted the Equity Shares to various successful applicants

The Allotment advice and/or notices have been dispatched to the address of the investors as registered with the depositories. Further the instructions to the SCSBs have been dispatched/mailed on September 13, 2012. In case the same is not received within ten days, investors may contact the Registrar at the address given below.

Commencement of Trading: The Equity Shares Allotted to successful applicants has been credited on September 13, 2012 to the beneficiary accounts subject to validation of the account details with the depositories concerned. The Company is taking steps for completion of the necessary formalities to get the Equity Shares admitted fortrading on the NSE within twelve Working Days from the Bid/Offer Closing Date.

Investors please note: The details of the allotment made has been hosted on the website of the Registrar to the Issue, Cameo Corporate Services Limited at Website: http://www.cameoindia.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 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:

Cameo Corporate Services Limited
Contact Person: Mr. R.D. Ramasamy
Subramanian Building, No.1, Club House Road, Chennai - 600 002
Tel: +91 44 2846 0390; Fax: +91 44 2846 0129; Website: www.cameoindia.com; Email: thejo@cameoindia.com