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July 25, 2017 - July 28, 2017

Total Transport IPO Basis of Allotment

TOTAL TRANSPORT SYSTEMS LIMITED
CIN:U63090MH1995PLC091063

Our Company was incorporated as Total Transport Systems Private Limited under the provisions of the Companies Act, 1956 vide certificate of incorporation dated July 27,1995 in Mumbai. Subsequently, the name of our Company was changed to Total Transport Systems Limited pursuant to conversion into a public company vide Shareholders' approval on March 23,2017 and fresh certificate of incorporation dated April 24, 2017. The Corporate Identification Number of Our Company is U63090MH1995PLC091063. For further details please refer to chapter titled 'Our History and Certain Other Corporate Matters' beginning on page 141 of the Prospectus.
Registered Office: 701-705, T- Square, Opp Chandivali Petrol Pump, Sakinaka, Andheri (East), Mumbai-400072, Maharashtra, India. Tel.: +91 22 66441500 Fax No: +91 22 66441585; E-mail: info@ttspl.in; Website: www.ttspl.in; Contact Person: Mr. Makarand Pradhan Prabhakar, Managing Director

PROMOTERS OF THE COMPANY: MR. MAKARAND PRADHAN PRABHAKAR, MR. SANJIV ARVIND POTNIS, MR. SHRIKANT DAMODAR NIBANDHE

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 37,80,000 EQUITY SHARES OF FACE VALUE OF RS 10 EACH FULLY PAID UP OF TOTAL TRANSPORT SYSTEMS LIMITED ('TTSL' OR THE 'COMPANY' OR THE 'ISSUER') FOR CASH AT A PRICE OF RS 45 PER EQUITY SHARE (THE 'ISSUE PRICE') (INCLUDING A SHARE PREMIUM OF RS 35 PER EQUITY SHARE AGGREGATING RS 1701.00 LAKHS (THE 'ISSUE') BY OUR COMPANY, OF WHICH 1,92,000 EQUITY SHARES OF FACE VALUE RS 10 EACH FULLY PAID UP WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER TO THE ISSUE ('MARKET MAKER RESERVATION PORTION'). THE ISSUE LESS THE MARKET MAKER RESERVATION PORTION I.E. ISSUE OF 35,88,000 EQUITY SHARES OF FACE VALUE RS 10 EACH FULLY PAID UP IS HEREINAFTER REFERRED TO AS THE 'NET ISSUE'. THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 26.42% % AND 25.08% RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF THE COMPANY. THIS ISSUE IS BEING IN TERMS OF CHAPTER XB OF THE SEBI (ICDR) REGULATIONS, 2009 (AS AMENDED FROM TIME TO TIME). FOR FURTHER DETAILS PLEASE REFER TO 'SECTION VII - ISSUE INFORMATION' BEGINNING ON PAGE 286 OF THE PROSPECTUS.

THE FACE VALUE OF THE EQUITY SHARES IS RS 10 EACH. THE ISSUE PRICE IS RS 45
THE ISSUE PRICE IS 4.50 TIMES THE FACE VALUE.
ISSUE OPENED ON TUESDAY, JULY 25, 2017 AND CLOSED ON FRIDAY, JULY 28, 2017
PROPOSED LISTING: MONDAY, AUGUST 07, 2017*

The Equity Shares offered through the Prospectus are proposed to be listed on the NSE Emerge Platform ('NSE'). In terms of the Chapter XB of the SEBI (ICDR) Regulations, 2009, as amended from time to time. The Company has received an in-principle approval letter dated July 05, 2017 from NSE for using Its name in the offer document for listing of Its shares on NSE Emerge Platform.

For the purpose of this Issue, the Designated Stock Exchange will be the National Stock Exchange of India Limited. The trading is proposed to be commenced with effect from Monday, August 07,2017.*

*Subject to receipt of listing and trading approvals from the National Stock Exchange of India Limited.

All Applicants participated in the Issue 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 Issue has received 72,495 applications for 48,50,79,000 Equity Shares resulting in 128.33 times subscription (including reserved portion of Market Maker). The details of the applications received In the Issue (before technical rejections) are as follows:
Details of the Applications Received (Before Technical Rejection):

Category No. of
Applicants
% No. of
Equity Shares
% Subscription
(Times)
Market Maker 1 0.01% 1,92,000 0.04 1.00
Retail Individual Investors 71,903 99.18% 21,58,17,000 44.49% 120.30
Other than Retail Individual Investors 591 0.81% 26,90,70,000 55.47% 149.98
Total 72,495 100.00 48,50,79,000 100.00 128.33

The details of applications rejected by the Registrar on technical grounds are detailed below (Technical rejection):

Category No. of
Applications
No. of
Equity Shares
Market Maker Nil Nil
Retail Individual Investors 1,185 36,63,000
Other than Retail Individual Investors 6 54,000
Total 1,191 37,17,000

After eliminating technically rejected applications, the following tables give us Category wise net valid applications:

Category No. of
Applicants
% Issue Size
(as per Prospectus)
Proportionate Issue
Size (After rounding off)
No. of Valid
Shares applied
Subscription
(Times)
Market Maker 1 0.01% 1,92,000 1,92,000 1,92,000 1.00
Retail Individual Investors 70,718 99.17% 17,94,000 17,94,000 21,21,54,000 118.26
Other than Retail Individual Investors 585 0.82% 17,94,000 17,94,000 26,90,16,000 149.95
Total 71,304 100.00 37,80,000 37,80,000 48,13,62,000 127.34

Allocation: The Basis of Allotment was finalized In consultation with the Designated Stock Exchange - National Stock Exchange of India Limited on August 02, 2017.

A. Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the Issue price of Rs 45 per Equity Share, was finalized In consultation with NSE. The category was subscribed by 1.00 times. The total number of shares allotted In this category is 1,92,000 Equity Shares.

B. Allocation to Retail Individual Investors (After Technical Rejections): The Basis of Allotment to the Retail Individual Investors, at the issue price of Rs 45 per Equity Share, was finalized in consultation with NSE. The category was subscribed by 118.26 times. The total number of shares allotted in this category is 17,94,000 Equity Shares to 598 successful applicants.

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
Proportionate
shares
available
Allocation
per Applicant
(before
rounding off)
Allocation
per Applicant
(after
rounding off)
Ratio of
allottees to
applicants:
RATIO1
Ratio of
allottees to
applicants:
RATIO 2
Number of
successful
applicant
(after
rounding off)
Total no.
of Shares
Allocated/
allotted*
No. of
Shares
Surplus/
Deficit
3,000 70,718 100.00 21,21,54,000 100.00 17,94,000 25.37 3,000 1 100 598 17,94,000 0
Total 70,718 100.00 21,21,54,000 100.00 17,94,000 25.37 3,000 1 100 598 17,94,000 0

C. Allocation to Other than Retail Individual Investors (After Technical Rejections): The Basis of Allotment to the other than Retail Individual Investors, at the issue price of Rs 45 per Equity Share, was finalized in consultation with NSE. The category was subscribed 149.95 times. The total number of shares allotted in this category is 17,94,000 Equity Shares to 148 successful applicants.

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 Proportionate|
shares
available
Allocation per Applicant
(before rounding off)
Allocation per Applicant
(after rounding off)
Ratio of allottees to applicants:
RATI01
Ratio of allottees to applicants:
RATIO 2
Number of
successful
applicant
(after
rounding off)
Total no. of Shares Allocated/
allotted*
No. Of Shares Surplus/ Deficit
6,000 205 35.04 12,30,000 0.46 8,203 40.01 3,000 1 68 3 9,000 797
9,000 78 13.33 7,02,000 0.26 4,681 60.02 3,000 1 39 2 6,000 1,319
12,000 28 4.79 3,36,000 0.12 2,241 80.02 3,000 1 28 1 3,000 759
15,000 12 2.05 1,80,000 0.07 1,200 100.03 3,000 0 0 0 0 -1,200
18,000 8 1.37 1,44,000 0.05 960 120.04 3,000 0 0 0 0 -960
21,000 13 2.22 2,73,000 0.10 1,821 140.04 3,000 1 13 1 3,000 1,179
24,000 9 1.54 2,16,000 0.08 1,440 160.05 3,000 1 9 1 3,000 1,560
27,000 4 0.68 1,08,000 0.04 720 180.06 3,000 0 0 0 0 -720
30,000 9 1.54 2,70,000 0.10 1,801 200.06 3,000 1 9 1 3,000 1,199
33,000 5 0.85 1,65,000 0.06 1,100 220.07 3,000 0 0 0 0 -1,100
36,000 4 0.68 1,44,000 0.05 960 240.07 3,000 0 0 0 0 -960
39,000 7 1.20 2,73,000 0.10 1,821 260.08 3,000 1 7 1 3,000 1,179
42,000 2 0.34 84,000 0.03 560 280.09 3,000 0 0 0 0 -560
45,000 3 0.51 1,35,000 0.05 900 300.09 3,000 0 0 0 0 -900
48,000 2 0.34 96,000 0.04 640 320.10 3,000 0 0 0 0 -640
51,000 4 0.68 2,04,000 0.08 1,360 340.11 3,000 0 0 0 0 -1,360
54,000 1 0.17 54,000 0.02 360 360.11 3,000 0 0 0 0 -360
60,000 3 0.51 1,80,000 0.07 1,200 400.12 3,000 0 0 0 0 -1,200
63,000 3 0.51 1,89,000 0.07 1,260 420.13 3,000 0 0 0 0 -1,260
66,000 1 0.17 66,000 0.02 440 440.14 3,000 0 0 0 0 -440
75,000 2 0.34 1,50,000 0.06 1,000 500.16 3,000 0 0 0 0 -1,000
78,000 1 0.17 78,000 0.03 520 520.16 3,000 0 0 0 0 -520
81,000 2 0.34 1,62,000 0.06 1,080 540.17 3,000 0 0 0 0 -1,080
84,000 2 0.34 1,68,000 0.06 1,120 560.17 3,000 0 0 0 0 -1,120
87,000 2 0.34 1,74,000 0.06 1,160 580.18 3,000 0 0 0 0 -1,160
90,000 1 0.17 90,000 0.03 600 600.19 3,000 0 0 0 0 -600
96,000 1 0.17 96,000 0.04 640 640.20 3,000 0 0 0 0 -640
99,000 1 0.17 99,000 0.04 660 660.21 3,000 0 0 0 0 -660
1,05,000 2 0.34 2,10,000 0.08 1,400 700.22 3,000 1 2 1 3,000 1,600
1,08,000 1 0.17 1,08,000 0.04 720 720.22 3,000 0 0 0 0 -720
1,11,000 7 1.20 7,77,000 0.29 5,182 740.23 3,000 2 7 2 6,000 818
1,17,000 2 0.34 2,34,000 0.09 1,560 780.24 3,000 1 2 1 3,000 1,440
1,20,000 4 0.68 4,80,000 0.18 3,201 800.25 3,000 1 4 1 3,000 -201
1,26,000 1 0.17 1,26,000 0.05 840 840.26 3,000 0 0 0 0 -840
1,32,000 1 0.17 1,32,000 0.05 880 880.27 3,000 0 0 0 0 -880
1,38,000 1 0.17 1,38,000 0.05 920 920.29 3,000 0 0 0 0 -920
1,41,000 2 0.34 2,82,000 0.10 1,881 940.29 3,000 1 2 1 3,000 1,119
1,44,000 1 0.17 1,44,000 0.05 960 960.30 3,000 0 0 0 0 -960
1,53,000 1 0.17 1,53,000 0.06 1,020 1,020.32 3,000 0 0 0 0 -1,020
1,56,000 1 0.17 1,56,000 0.06 1,040 1,040.32 3,000 0 0 0 0 -1,040
1,62,000 1 0.17 1,62,000 0.06 1,080 1,080.34 3,000 0 0 0 0 -1,080
1,65,000 1 0.17 1,65,000 0.06 1,100 1,100.34 3,000 0 0 0 0 -1,100
1,68,000 1 0.17 1,68,000 0.06 1,120 1,120.35 3,000 0 0 0 0 -1,120
1,77,000 1 0.17 1,77,000 0.07 1,180 1,180.37 3,000 0 0 0 0 -1,180
1,89,000 2 0.34 3,78,000 0.14 2,521 1,260.39 3,000 1 2 1 3,000 479
1,92,000 1 0.17 1,92,000 0.07 1,280 1,280.40 3,000 0 0 0 0 -1,280
1,95,000 1 0.17 1,95,000 0.07 1,300 1,300.41 3,000 0 0 0 0 -1,300
2,10,000 2 0.34 4,20,000 0.16 2,801 1,400.44 3,000 1 2 1 3,000 199
2,16,000 2 0.34 4,32,000 0.16 2,881 1,440.45 3,000 1 2 1 3,000 119
2,22,000 12 2.05 26,64,000 0.99 17,766 1,480.46 3,000 1 2 6 18,000 234
2,25,000 3 0.51 6,75,000 0.25 4,501 1,500.47 3,000 2 3 2 6,000 1,499
2,28,000 1 0.17 2,28,000 0.08 1,520 1,520.47 3,000 1 1 1 3,000 1,480
2,37,000 1 0.17 2,37,000 0.09 1,580 1,580.49 3,000 1 1 1 3,000 1,420
2,40,000 1 0.17 2,40,000 0.09 1,600 1,600.50 3,000 1 1 1 3,000 1,400
2,49,000 1 0.17 2,49,000 0.09 1,661 1,660.52 3,000 1 1 1 3,000 1,339
2,64,000 1 0.17 2,64,000 0.10 1,761 1,760.55 3,000 1 1 1 3,000 1,239
2,67,000 1 0.17 2,67,000 0.10 1,781 1,780.56 3,000 1 1 1 3,000 1,219
2,76,000 1 0.17 2,76,000 0.10 1,841 1,840.57 3,000 1 1 1 3,000 1,159
3,03,000 1 0.17 3,03,000 0.11 2,021 2,020.63 3,000 1 1 1 3,000 979
3,30,000 1 0.17 3,30,000 0.12 2,201 2,200.69 3,000 1 1 1 3,000 799
3,45,000 1 0.17 3,45,000 0.13 2,301 2,300.72 3,000 1 1 1 3,000 699
3,48,000 1 0.17 3,48,000 0.13 2,321 2,320.72 3,000 1 1 1 3,000 679
3,54,000 1 0.17 3,54,000 0.13 2,361 2,360.74 3,000 1 1 1 3,000 639
3,78,000 1 0.17 3,78,000 0.14 2,521 2,520.79 3,000 1 1 1 3,000 479
4,20,000 2 0.34 8,40,000 0.31 5,602 2,800.87 3,000 1 1 2 6,000 398
4,38,000 2 0.34 8,76,000 0.33 5,842 2,920.91 3,000 1 1 2 6,000 158
4,41,000 1 0.17 4,41,000 0.16 2,941 2,940.92 3,000 1 1 1 3,000 59
4,44,000 5 0.85 22,20,000 0.83 14,805 2,960.92 3,000 1 1 5 15,000 195
4,80,000 7 1.20 33,60,000 1.25 22,407 3,201.00 3,000 1 1 7 21,000 -1,407
4,89,000 1 0.17 4,89,000 0.18 3,261 3,261.02 3,000 1 1 1 3,000 -261
5,10,000 1 0.17 5,10,000 0.19 3,401 3,401.06 3,000 1 1 1 3,000 -401
5,46,000 1 0.17 5,46,000 0.20 3,641 3,641.14 3,000 1 1 1 3,000 -641
5,49,000 1 0.17 5,49,000 0.20 3,661 3,661.14 3,000 1 1 1 3,000 -661
5,55,000 3 0.51 16,65,000 0.62 11,103 3,701.16 3,000 1 1 3 9,000 -2,103
5,55,000 0.00 3,000 1 3 3,000 3,000
5,58,000 1 0.17 5,58,000 0.21 3,721 3,721.16 3,000 1 1 1 3,000 -721
5,61,000 1 0.17 5,61,000 0.21 3,741 3,741.17 3,000 1 1 1 3,000 -741
5,64,000 1 0.17 5,64,000 0.21 3,761 3,761.17 3,000 1 1 1 3,000 -761
5,91,000 1 0.17 5,91,000 0.22 3,941 3,941.23 3,000 1 1 1 3,000 -941
6,00,000 1 0.17 6,00,000 0.22 4,001 4,001.25 3,000 1 1 1 3,000 -1,001
6,66,000 3 0.51 19,98,000 0.74 13,324 4,441.39 3,000 1 1 3 9,000 -4,324
6,66,000 0.00 3,000 1 3 3,000 3,000
6,87,000 1 0.17 6,87,000 0.26 4,581 4,581.43 6,000 1 1 1 6,000 1,419
6,93,000 1 0.17 6,93,000 0.26 4,621 4,621.44 6,000 1 1 1 6,000 1,379
8,88,000 1 0.17 8,88,000 0.33 5,922 5,921.85 6,000 1 1 1 6,000 78
8,91,000 1 0.17 8,91,000 0.33 5,942 5,941.85 6,000 1 1 1 6,000 58
9,00,000 2 0.34 18,00,000 0.67 12,004 6,001.87 6,000 1 1 2 12,000 -4
10,80,000 1 0.17 10,80,000 0.40 7,202 7,202.25 6,000 1 1 1 6,000 -1,202
11,10,000 2 0.34 22,20,000 0.83 14,805 7,402.31 6,000 1 1 2 12,000 -2,805
11,10,000 0.00 3,000 1 2 3,000 3,000
13,32,000 1 0.17 13,32,000 0.50 8,883 8,882.77 9,000 1 1 1 9,000 117
13,35,000 1 0.17 13,35,000 0.50 8,903 8,902.78 9,000 1 1 1 9,000 97
19,98,000 2 0.34 39,96,000 1.49 26,648 13,324.16 12,000 1 1 2 24,000 -2,648
19,98,000 0.00 3,000 1 2 3,000 3,000
22,20,000 2 0.34 44,40,000 1.65 29,609 14,804.62 15,000 1 1 2 30,000 391
29,76,000 1 0.17 29,76,000 1.11 19,846 19,846.20 21,000 1 1 1 21,000 1,154
33,33,000 12 2.05 3,99,96,000 14.87 2,66,723 22,226.94 21,000 1 1 12 2,52,000 -14,723
33,33,000 0.00 3,000 5 12 15,000 15,000
34,41,000 1 0.17 34,41,000 1.28 22,947 22,947.16 24,000 1 1 1 24,000 1,053
35,10,000 1 0.17 35,10,000 1.30 23,407 23,407.31 24,000 1 1 1 24,000 593
35,55,000 2 0.34 71,10,000 2.64 47,415 23,707.40 24,000 1 1 2 48,000 585
35,82,000 2 0.34 71,64,000 2.66 47,775 23,887.46 24,000 1 1 2 48,000 225
35,85,000 20 3.42 7,17,00,000 26.65 4,78,149 23,907.46 24,000 1 1 20 4,80,000 1,851
35,88,000 22 3.76 7,89,36,000 29.34 5,26,413 23,927.47 24,000 1 1 22 5,28,000 1,587
Total 585 100 26,90,16,000 100 17,94,000 148 17,94,000 0

The Board of Directors of the Company at its meeting held on August 02, 2017 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz. National Stock Exchange of India Limited and has authorized the corporate action for the transfer of the Equity Shares to various successful applicants. The CAN and allotment advice and/or notices will be dispatched to the address of the Applicants as registered with the depositories on or before August 04, 2017. Further, the instructions to Self Certified Syndicate Banks for unblocking the amount are being processed on or prior to August 04, 2017. In case the same is not received within four working days, investors may contact Registrar 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 NSE Emerge Platform within six working days from the date of the closure of the Issue.
Note: All capitalized terms used and not defined herein shall have the respective meaning assigned to them in the Prospectus dated July 12, 2017 ('Prospectus').

INVESTORS PLEASE NOTE

The details of the allotment made would also be hosted on the website of the Registrar to the Issue, BIGSHARE SERVICES PRIVATE LIMITED at 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 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:

BIGSHARE SERVICES PRIVATE LIMITED
Bharat Tin Works Building, 1 st Floor, Opp. Vasant Oasis, Makwana Road Marol, Andheri East, Mumbai - 400 059.
Tel: +91 22 62638200; Fax: +91 22 62638299; E-mail: ipo@bigshareonline.com; Website: www.bigshareonline.com
Contact Person: Mr. Ashok Shetty; SEBI Registration No.: INR000001385

Date: August 03, 2017
Place: Mumbai
For TOTAL TRANSPORT SYSTEMS LIMITED
On behalf of the Board of Directors
Sd/-
Managing Director

Total Transport IPO Basis of Allotment FAQs

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The Total Transport IPO basis of allotment (published above) tells you how shares are allocated to you in Total Transport 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 Total Transport IPO. Note that there is a separate rule for allotment in each investor category (i.e. Retail, Non-Institutional, Institutional, Employee).