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September 21, 2017 - September 26, 2017

Trident Texofab IPO Basis of Allotment

TRIDENT TEXOFAB LIMITED

CIN U17120GJ2006PLC054976

Our Company was originally incorporated as Tridsnt Texofab Private Limited on September 05. 2008 with the Assistant Registrar of Companies, Gujarat. Dadra and Nagar Havelli as a private limited company under the provisions of the Companies Act. 1956. Subsequently our Company was converted into public limited Company pursuant to shareholders resolution passed at the Annual General Meeting held on May 24. 2017 and the name of our Company was changed to Trident Texofab Limited. A fresh certificate of incorporation consequent upon conversion to public limited Company was issued by the Assistant Registrar of Companies, Ahmedabad on June 06,2017. For further details of our Company, please refer 'General Information' and 'History and Certain Other Corporate Matters'on page numbers 36 and 80, respectively, of the Prospectus.

Registered Office: 2004. 2nd Floor, North Extension, Falsawadi. Begumpura, Nodh-4/1650. Sahara Darwaja, Surat-395003, Gujarat, India.
Tel.: +91-261 -2451284 /2451274 | Email: info@tridenttexofab.com | Website: www.tridenttexofab.com
Contact Person: Vijay B. Vaghasiya. Company Secretary & Compliance Officer

PROMOTERS OF OUR COMPANY: HARDIK J. DESAI AND CHETAN C. JARIWALA

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 11,76,000 EQUITY SHARES OF A FACE VALUE OF RS 10 EACH (THE 'EQUITY SHARES') OF TRIDENT TEXOFAB LIMITED FOUR COMPANY' OR 'TTL' OR 'THE ISSUER') FOR CASH AT A PRICE OF RS 30 PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF RS 20. 00 PER EQUITY SHARE) ('ISSUE PRICE') AGGREGATING TO RS 352.80 LAKHS ('THE ISSUE') OF WHICH 64,000 EQUITY SHARES AGGREGATING TO RS 19.20 LAKHS WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER ('MARKET MAKER RESERVATION PORTION') THE ISSUE LESS THE MARKET MAKER RESERVATION PORTION I.E. ISSUE OF11.12.000 EQUITY SHARES OF FACE VALUE OF RS 10.00 EACH AT AN ISSUE PRICE OF RS 30.00 PER EQUITY SHARE AGGREGATING TO RS 333.60 LAKHS IS HEREINAFTER REFERRED TO AS THE 'NET ISSUE'. THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 29.43% AND 27.83%. RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHAHE CAPITAL OF OUR COMPANY. FOR FURTHER DETAILS, PLEASE REFER 'TERMS OF THE ISSUE' ON PAGE 154 OF THE PROSPECTUS.
THIS ISSUE IS BEING MADE IN TERMS OF 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 ISSUE IS A FIXED PRICE ISSUE AND ALLOCATION IN THE NET ISSUE TO THE PUBLIC WILL BE MADE IN TERMS OF REGULATION 43(4) OF THE SEBI (ICDR) REGULATIONS, 2009, AS AMENDED. FOR FURTHER DETAILS, PLEASE REFER TO SECTION TITLED 'ISSUE PROCEDURE BEGINNING ON PAGE 161 OF THE PROSPECTUS.

THE FACE VALUE OF THE EQUITY SHARES IS RS 10 EACH.
THE ISSUE PRICE IS RS 30. THE ISSUE PRICE IS 3.00 TIMES THE FACE VALUE.
ISSUE OPENED ON THURSDAY, SEPTEMBER 21, 2017 AND CLOSED ON TUESDAY, SEPTEMBER 26, 2017.

The Equity Shares offered through the Prospectus are proposed to be listed on the SME platform of BSE Limited ('BSE SME') in terms of the chapter XB of the SEBI (ICDR) Regulations, 2009 as amended from time to time Our Company has received an approval letter dated September 08,2017 from BSE Limited for using its name in the offer document For listing of our Shares on the BSE SME. The designated stock exchange is BSE Limited ('BSE'). The trading is proposed to be commenced on or about October 05, 2017*.
'Subject to receipt of listing and trading approvals from BSE Limited.

All Applicants were allowed to participate In the Issue through Application Supported by Blocked Amount ('ASBA') process by providing the details of the respective bank accounts in which the corresponding application amounts were blocked by Self Certified Syndicate Banks (the 'SCSBs').

SUBSCRIPTION DETAILS

The Issue has received 1,807 applications for 89.04. 000 Equity Shares (Before Technical Rejections but after invalid bids and bids not banked/blocked) (including Market Maker Application of 64,000 Equity Shares) resulting in 7.57 times subscription. After considering, a Technical Rejection case, the issue was subscribed 7.49 times (including the Market Maker Portion). The details of the applications, received in the issue (before technical rejections) are as follows:
Detail of the Applications Received (Before Technical Rejection):

Category Number of
Applications
% to
Total
No. of
Equity Shares
% to
Total
Subscription
(Times)
Market Maker 1 0.06 64,000 0.72 1.00
Retail Individual Investors 1,755 97.12 70,20,000 78.84 12.63
Other than Retail Individual investors 51 2.82 18,20,000 20.44 3.27
TOTAL 1,607 100.00 89,04,000 100.00 7.57

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

Category No. of Applications No. of Equity Shares
Martet Maker Nil Nil
Rcteil Individual Investors 24 96,000
Other than Retail Individual Investors Nil Nil
TOTAL 24 96.000

After eliminating technically rejected applications. the following tables give us category wise net valid applications:

Category Number of
Applications
% to Total Proportionate
Shares Available
No. of Valid
Shares applied
% of
Total Applied
Subscription
(Times)
Market Maker 1 0.06 64,000 64,000 0.73 1.00
Retail individual Investors 1,731 97.08 8,84,000 69,24,000 78.61 7.83
Other than Retail Individual Investors 51 2.86 2,28,000 18,20,000 20.66 7.98
TOTAL 1,783 100.00 11,76,000 88,08,000 100.00 7.49

Allocation: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - BSE Limited on September 29, 2017.

A. Allocation to Market Maker (After Technical Rejections & Withdrawal): The Basis of Allotment to the Market Maker, at the Issue price of Rs 30 per Equity Share, was finalised in consultation with BSE The category was subscribed by 1.00 times. The total number of shares allotted in this category is 64,000 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 30 per Equity Share, was finalized in consultation with BSE The category was subscribed by 7.83 times. Total numbe, of shares allotted in this category Is 8,84.000 Equity Shares to 1,731 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
Equity Shares
applied in this
Category
% to
Total
Proporti nate
Shares Available
Allocation per Applicant
(Before Rounding Off)
Allocation per Applicant
(After
Rounding Off)
Ratio of Allottees
to Applicants
Number of
Successfnl
applicant (after
rounding off)
Total No.
of Shares
allocated/ allotted
No. of Shares
Surplus/ Deficit
4000 1,731 100 69,24,000 100 8,84,000 510.69 4000 221: 1731 221 8,84,000 0
TOTAL 1,731 100 69,24,000 100 8,84,000 221 8,84,000 0

C. Allocation to Other than Retail Individual Investors (After Technical Rejections & Withdrawal): The Basis of Allotment to Other than Retail Individual Investors, at the issue price of Rs 30 per Equity Share, was finalized in consultation with BSE. The category was subscribed by 7.98 times. Total number of shares allotted in this category is 2,28,000 Equity Shares to 32 successful applicants.
The category wise basis of allotment is as under:

No. of Shares
Applied for
(Category
wise)
No. of
Applications received
% to
Total
Total No. of
Equity Shares
applied in this
Category
% to
Total
Proporti nate
Shares Available
Allocation per Applicant
(Before Rounding Off)
Allocation per Applicant
(After
Rounding Off)
Ratio of Allottees
to Applicants
Number of
Successfnl
applicant (after
rounding off)
Total No.
of Shares
allocated/ allotted
No. of Shares
Surplus/ Deficit
8000 17 33.33 136000 7.47 17037 1002.20 4000 4 4 16000 1037
12000 4 7.84 48000 2.64 6013 1503.30 4000 1 2 8000 (1987)
16000 7 13.73 112000 6.15 14031 2004.40 4000 3 3 12000 2031
24000 1 1.96 24000 1.32 3007 3006.59 4000 1 1 4000 (993)
28000 2 3.92 56000 3.08 7015 3507.69 4000 1 2 8000 (995)
32000 6 11.76 192000 10.55 24053 4008.79 4000 1 6 24000 53
40000 5 9.80 200000 10.99 25055 5010.99 4000 1 5 20000 5055
4000 1 1 4000 (4000)
44000 1 1.96 44000 2.42 5512 5512.09 4000 1 1 4000 1512
64000 3 5.88 192000 10.55 24053 8017.58 8000 1 3 24000 53
68000 1 1.96 68000 3.74 8519 8518.68 8000 1 1 8000 519
88000 1 1.96 88000 4.84 11024 11024.18 12000 1 1 12000 (976)
100000 1 1.96 100000 5.49 12527 12527.47 12000 1 1 12000 527
160000 1 1.96 160000 8.79 20044 20043.96 20000 1 1 20000 44
400000 1 1.96 400000 21.98 50110 50109.89 52000 1 1 52000 (1890)
TOTAL 51 100 1820000 100 228000 32 2,28.000 0

The Board of Directors of the Company at its meeting held on September 29,2017 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz. BSE and has authorized the corporate action for allotment of shares in dematerialized form to various successful applicants.
The CAN and allotment advice and/or rejection letters shall be dispatched to the address of the Applicants as registered with the depositories / as filled in the application form on October 04, 2017. Further, the instructions to Self Certified Syndicate Banks being processed on October 03. 2017. in case the same is not received within prescribed time, 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 SME Platform of BSE Limited 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 meanings assigned to them in the Prospectus dated September 11,2017 ('Prospectus').

INVESTORS PLEASE NOTE

The details of the allotment made would also be hosted on the website of the Registrar to the Issue KARVY COMPUTERS HARE PRIVATE LIMITED at www.karishma.karvy.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:

KARVY COMPUTERS SHARE PRIVATE LIMTTED
Karvy Selenium Tower B. Plot 31-32, Gachibowh Financial District, Nanakramguda, Hyderabad - 500 032.
Tel: +91 40-67162222; Fax: +91 40-23431551; E-mail: einward.ris@karvy.com;
Investor grievance email: tridenttexofab.ipo@karvy.com; Website: www.karisma.karvy.com
Contact Person: M Murli Krishna: SEBI Registration No.; INR000000221

Place: Surat Gujarat

Date : October 03, 2017

For Trident Texofab Limited
On behalf of the Board of Directors
Sd/-
Hardik J. Desai Managing Director

Trident Texofab IPO Basis of Allotment FAQs

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

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

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