|Basis of Allotment|
AN 1SO 9001-2000 COMPANY
Registered Office: Opp. Suryanarayan
Bunglows, Sabarmati-Kalol State Highway: Motera,
Public Issue of 1,13,00,000 equity shares of face value Rs.10/- each of Deep Industries Limited at a price of Rs.36/- for cash aggregating to Rs.4068 lacs. The issue price is 3.6 times of the face value.
BASIS OF ALLOTMENT
The Board of Directors of Deep Industries Ltd. ("The Company") wish to thank all the Investors for their response to our Public Issue. The basis of allotment has been finalized in consultation with Bombay Stock Exchange Ltd. (BSE) on September 15, 2006 and the equity shares have been allotted as per details given below: Public Issue was opened on August 29, 2006 and closed on August 4, 2006.
Full and firm allotment has been made to NRIs/Flls and Employees for all the valid applications. Undersubscription from NRIs/Flls and Employee category has been spilled over and added to Banks/Fls/Mutual Fund category Under subscription after interse adjustment in reserved categories has been adjusted towards subscription of Resident Indian Public category.
The basis of allotment of equity shares to the other categories are as follows:
Resident Indian Public - Retail Category
Resident Indian Public - Non Institutional Category
The dispatch of refund orders/ECS/RTGS. Credit and allotment letters has been completed on September 18, 2006. The credit In respect of allotment in dematerialized form in Central Depository Services India Ltd. (CDSL), National Securities Depository Ltd. (NSDL) to the valid beneficiary account is being completed.
The company has already made the listing application to the BSE and other formalities regarding listing of equity shares are In the process of completion.
Investor plesse note that the allocation made would be available on the website of the Registrar to the issue at www.intimespectrum.com.
All futures correspondence in this regard may kindly be addressed to the Registrar to the Issue, whose address Is furnished below, quoting full name of the first/sole applicant application number, number of shares applied and Bank/branch where the applloation has been lodged.
Intime Spectrum Registry Limited,
C-13, Pannalal Silk Mills Compound, LBS Road, Bhandup (West), Mumbal - 400 078.