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IPO Reviewer Performance | Page 2

The IPO Reviewer Performance Report shows the number of IPOs that have been reviewed by the respective reviewer.

The report includes information on the reviewers' recommendations for the various IPOs and their listing profit and loss data. The total number of "subscribe", "may apply", "avoid neutral" and "not rated" status given to the different IPOs by the specific reviewer.

IPO Reviewer Performance | Page 2

Reviewer IPO Subscribe May Apply Neutral Avoid Notrated
Nidhi Broking Services Pvt. Ltd.110000
Networth Stock Broking211000
Neeta Khilnani110000
Narnolia Financial Advisors Ltd (NFAL)220000
Naman Securities and Finance Pvt. Ltd110000
Naman Securities and Finance Pvt. Ltd820060
Multi-Act Equity Consultancy Pvt Ltd210100
Motilal Oswal45345015
Money Control110000
Monarch Networth Capital Limited110000
MLR Securities Private Ltd39700320
Miscellaneous600016
microsec capital ltd220000
Mehta Equities44364031
Maximus Securities Ltd101000
Master Capital Services Limited220000
Marwadi Shares and Finance Ltd60512070
Manish Bhatt11110000
Magnum Equity Broking Ltd320010
Macquarie Research300012
LKP Securities Ltd17160010
KR Choksey Securities Ltd896822152
Kotak Securities35325025
Khandwala Securities Ltd110000
Khambatta Securities Ltd220000
Keynote Financial Service limited100001
Keynote Capitals Ltd502820101
KBS Capital Management Ltd101000
K.M. Global Financial Services Ltd1680080
JM Financial Institutional Securities590218039
Jefferies Group100001
Jainam Broking limited23127220
InvestorGain.com7439170180
Investmentz Ltd462321002
Indsec Securities48435000
Indiabulls Securities Ltd201010
India IPO Market110000
India Infoline Ltd10100000
InCred Equities530011
IIFL Wealth621003
IIFL Securities1260105
IDBI Capital11100001
ICRA300030
ICICI Securities1400806
ICICI Direct10764361024
HSBC101000
HENSEX Securities27250200
Hem Securities19914387392
HDFC Securities Limited585210141
Haitong Securities Private Limited400301
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