|Basis of Allotment|
Public Issue of 25,00,000 Equity Shares of Rs.10/- each for cash at a premium of Rs.20/- per share aggregating Rs.750 Lakshs.
BASIS OF ALLOTMENT
The Board of Directors thank the investing public for their overwhelming response to the Public Issue which opened for subscription on 30.03.2005 and colosed on 07.04.2005. The Company has received 40,302 applications for 9,85,57,900 equity shares from Indian Public resulting in subscription of 39.42 times. The Basis of Allotment was finalised in consultation with The National Stock Exchange of India Ltd. Mumbai on 02.05.2005 and 25,00,000 equity shares have been allotted by the share Allotment Committee at its Meeting held on 02.05.2005 as mentioned below.
1) Retail Individual Investors who have applied for equity, shares for a value not more than Rs.50,000/-
The company has received 38,334 valid applications for 3,43,29,600 shares in this category resulting in subscription of 27.46 times, The details of category-wise allotment are given below:
2) Bodies Corporate & Individual Investors who have applied for equity shares for a value more than Rs.50000/-
The company has received 684 valid applications for 6,24,62,400 shares resulting in an over subscription of 49.97 times in this category. The details of category-wise allotment are given below:
Share certificates / Refund orders, wherever applicable, have already been despatched on 04.05.2005 and in case of shares in the electronic form, the beneficiary account of allottees with NSDL and CDSL have been credited on 04.05.2005. Listing Application had been filed with The Nationa Stock Exchange of India Ltd. Mumbai vide its letter dated 04.05.2005.
All future correspondence in this regard may kindly be addressed to the Registrats to the Issue, whose address is furnished below, quoting full name of the first / sole applicant, Application No., No. of Shares applied and Bank Branch where the Application had been lodged.
Cameo Corporate Services Limited, Unit : Saksoft Limited, 'Subramaniam Building', No.1, Club House Road, Chennai 600 002, Phone : 28460390, Fax : 044-28460129, E-mail : email@example.com
Investors please note: The details of allotment have also been posted on the website of the Registrars to the Issue, Cameo Corporate Services Limited at www.cameoindia.com