Basis of Allotment

CREW B

CREW B.O.S. PRODUCTS LIMITED
(Incorporated as Motherson Unimetex Pvt. Ltd. on 30th December 1988 at New Delhi, the name was changed to Crew B.O.S Products (P) Ltd on 26th February 1992 and converted into a Public Limited company on 10th November 2003)
Registered Office: M-10, 1st floor, Commercial Complex, Greater Kailash II, New Delhi - 110048
(Formerly located at Oberai Farms, Village Asola, Fatehpur, Berl, Mehrauli, New Delhi 110 030)
Tel: 011-55604593, Fax

E-mail : Communication@crewbos.com; Website : http://www.crewbos.com

PUBLIC ISSUE OF 40,00,724 EQUITY SHARES OF RS. 10 EACH FOR CASH AT A PREMIUM OF
RS.25 EACH AGGREGATING RS. 1400.25 LACS.

BASIS  OF  ALLOTMENT

The Board of Directors of crew B.O.S. Product Limited('Company") thank the investing public for their overwhelming response to the Public Offer of Equity Shares of the Company which opened for subscription on August 19, 2004 and closed on August 27, 2004. The Net Offer to the public was 35,00,724 equity shares after the promoters contribution of 5,00,000 equity shares. The Company has received 4,754 valid applications for a total of 64,66,650 shares resulting in over subscription of 1.85 times.The Basis of Allotment was finalized on September 16, 2004 in consultation with The Stock Exchange, Mumbai (BSE). Allotments have been made on proportionate basis within the specified categories, rounded of to the nearest integer subject to a minimum allotment of 150 equity shares per applicant. The Board of Directors have the allotted the equity shares at their meeting held on September 16, 2004 as per details given below :
1) Retail Category (Individual Investors applying upto 1350 shares)

The Company has received 4,640 valid application for a total of 36,45,000 Equity Shares resulting in 2.08 times over subscription in the category. Allotment of shares inthe category of 150 shares has been made on the basis of draw of   lots.The number of shares allotted in this category is 17,56,680. The details of category-wise allotments are given below

Category No. of Shares Allotted No. of Allottees Total No. of Shares Allotted Ratio
150 150 533 79950 1:2
300 150 647 97050 Firm
450 216 291 62856 Firm
600 288 299 86112 Firm
750 360 54 19440 Firm
900 432 221 95472 Firm
1050 504 102 51408 Firm
1200 576 79 45504 Firm
1350 648 1881 1218888 Firm

ii)Non-retail Category (Individuals above 1350 shares, Corporates, Institutions & Others)
The Company has received 114 valid applications for a totoal of 28,21,650 Equity Shares resulting in over subscription of 1.61 times. Allotments have been made to applicants in proportion to the inverse of the subscription ratio, rounded off to the nearest integer and the number of shares allotted in this category is 17,44,044.

Despatch of Refund Orders and electronic credit of shares to the beneficiary account of allottees with CDSL/NSDL has been completed by September 20, 2004.

Crew B.O.S. Products Limited has submitted listing applications to the The Stock Exchange, Mumbai and National Stock Exchange on September 21, 2004.

All future correspondence in this respect should be addressed to the Registrar to the issue quoting Full Name of the first applicant, Serial No.of the application form, No.of Shares applied for, and Name of the Bank Branch where the application was lodged, at the following address:

Skyline Financial Services Private Limited
123, Vinoba Puri, Lajpat Nagar II, New Delhi 110024
Tel: 91-11-29847136, 29833777: Fax: 91-11-2984835; Email: crew@skylinerta.com

 

For CREW B.O.S. PRODUCTS LIMITED
Sd/
Pankaj Tewari
Company Secretary & Compliance Officer

Place: New Delhi
Date: September 22, 2004

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