| Basis of Allotment |
Ramkrishna Forgings Limited (Incirporated as Private Limited Company on November 12, 1981 in West Bengal and converted to a Public Limited Company vide Fresh Certificateof Incorporation dated 30th may, 1995) Regd. Office :6, Waterloo Street, 4th Floor, Kolkata-700 069,India, Tel. : (033)22420018 / 22435613, Fax : (033) 22420019, E-mail : info@ramkrishnaforgings.com, Website :www.ramkrishnaforgings.com PUBLIC ISSUE OF 61,25,000 EQUITY SHARES OF Rs 10 EACH ISSUED FOR CASH AT A PREMIUM OF Rs 10 PER SHARE AGGREGATING Rs 1225.00 LACS. The Board of Directors of Ramkrishna Forgings Limited("company") thank the investing public for their encouraging response to the Public Offer of Equity Shares of the company which opened for subscriptionon April 2, 2004 and closed on April 10, 2004. BASIS OF ALLOTMENT The Company has recieved14,757 applications for a total of 3,01,52,050 shares resulting in over subscription of 4.92 times. the Basis of allotment was finalized on April 28,2004 in consulation with the National Stock Exchange of India Limited and the Board of Directors have allotted the shares at their meeting held on 28th April, 2004 as per details given below. HIGHLIGHTS
No. of times subscribed
Overall : 4.92 times i)Retail category (upto Rs 50,000) The company has received14,206 valid application for a total of 1,27,98,800 Equity Shares resulting in 4.18 times over subscription in the category. Allotments have been made to the applicants in proportion to the inverse of the subscription ratio,rounded off to the nearest marketable lot of 100 shares and the number of shares allotted is 30,62,500.allotment of shares upto the category of 300 shares have been made on the basis of draw of lots. Details of allotment made under this category are:
ii)Non-retail Category -- Individuals above Rs 50,000/-,Corporates and Others The Company has received 257 valid applications for a total of 1,71,33,200 Equity Shares resulting in oversubscription of 5.59 times, Allotments have been made ot applicants in proportion to the to the inverse of the subscriptionratio,rounded off to the nearest marketable lot of 100 shares and the number of shares alloted is 30,62,500 .allotment of shares in this category have been made on firm basis. Details of allotment made under this category are:
Despatch of refund orders,wherever applicable,wil be completed by 30th April, 2004 .Credit of shares to the beneficiary accounts of the successful allottees shall be completed by 30th April,204 subject to verification of the beneficiary details with the depositories concerned. The company has submitted the applications for Listing and Trading of the equity shares of the company to the various stock exchanges as under: (i) The National Stock Exchange of India Limited on 28th April, 2004. (ii)The Stock Exchange,Mumbai on 28th April, 2004. Applicants may access www.karvy.com for ascertainingthe status of the applications lodged by them. 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 lodge, at the following address:- KARVY COMPUTERSHARE PRIVATE LIMITED Unit: Ramkrishna Forgings Limited Karvy House, 46, Avenue IV, Street No. 1, Banjara Hills, Hyderabad-50 034 Tel. No. (040)2331 2454 ; Fax No. (040) 2331 1968, E-mail :mailmanager@karvy.com
Place : Kolkata for RAMAKRISHNA FORGINGS LIMITED Date :April 29, 2004. Sd/- Rajesh Mundhra Company Secretary
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