Basis of Allotment
Rohit Ferro

Rohit Ferro-Tech Limited

(Incorporated in India on April 07, 2000 as Rohit Ferro-Tech Private Limited under the Companies Act,1956 with Registration No. 21-91629 with Registrar of Companies, West Bengal. The Company subsequently became a public Company under the name of Rohit Ferro-Tech Limited with effect from 24th June 2004)

Registered Office: 35, Chittaranjan Avenue, 4th Floor, Kolkata 700 012 Tel.: +9133 22119805/9806/8607,Fax: +91 33 22256143 /22119834 E-mail :ipo@rohitferrotech.com Website: www.rohitferrotech.com
Contact Person: Mr. Pramod Kumar Join, Compliance Officer

ISSUE OF 1,69,47,667 EQUITY SHARES OF RS. 10/- EACH FOR CASH AT A PREMIUM OF RS. 20/- PER EQUITY SHARE AGGREGATING RS.5084.30 LACS OUT OF WHICH NET OFFER TO THE PUBLIC OF 1,03,38,860 EQUITY SHARES OF RS. 10/- EACH FOR CASH AT A PREMIUM OF RS. 20/- PER EQUITY SHARE AGGREGATING RS. 3101.66 LACS.

THE ISSUE PRICE OF RS. 30/- PER SHARE IS 3 (THREE) TIMES THE FACE VALUE

BASIS OF ALLOTMENT

The Issue was made through the fixed price route where a minimum of 50% of the Net Offer to Public shall initially be made available for allotment to retail individual investors and the balance net offer of Equity Shares to the public shall be made available for allotment to Individual applicants other than retail individual investors and other investors Including corporate bodies/ Institutions Irrespective of the number of shares applied for. Since the Issue was made in terms of douse 2.2.2 (a) (ii) & (b) (i) of SEBI (DIP) Guidelines, 2000, at least 10% of the Issue size shall be allotted to QIBs, failing which the full subscription monies shall be refunded.

The Board of Directors of the Company thanks ail the investors and the intermediaries for the success of the Public Issue.

The issue received 6319 applications for 1,77,43,100 Equity Shares resulting in 1.72 times subscription (before technical rejections).

A total of 93 applications for 1,09,900 Equity Shares have been rejected on technical and multiplicity grounds while 7 applications for 20,000 shares were withdrawn.

The details of subscription received from the retail and non-retail categories are as under:
Category Offer No. of Valid Application Received No. of Shares Applied far under Valid Applications No. of times Subscribed No. of Shares Allotted % age of Shares Allotted No. of Allottees
Retail 5,169,430 8,168 8,167,200 1.58 5,169,504 50% 7,239
Sub-Total 5,169,430 8,168 8,167,200 1.58 5,169,504 7,239
Non Retail 4,135,544 45 2,646,800 0.64 1,446,496 14% 45
QIBs 1,033,666 6 6,799,200 6.58 3,720,936 36% 6
Sub-Total 5,169,430 51 9,446,000 1.83 5,169,434 51
GRAND TOTAL 10,338,860 8,219 17,813,200 1.70 10,338,938 100% 7,290

The Basis of Allotment was finalized in consultation with the Bombay Stock Exchange Limited (BSE) on 4th April 2006.
The company has issued additional 74 equity shares in retail category and 4 shares in non retail category for the purpose of rounding off to the nearest Integer.

A: Applications under Retail Category (Applicants upto 3200 shares)
The Company has received 81,67,200 valid applications resulting in 1.58 times over subscription. The total number of shares allotted in this category was 51,69,504.

Category No. of Applications % of Total Total No. of Applied Shares % of Total No. of Shares per Allottee Ratio Total No. of Shares Allotted
200 2536 31.05% 507200 6.21% 200 5:8 321400
400 1381 16.91% 552400 6.76% 253 Firm 349393
600 786 9.62% 471600 5.77% 380 Finn 298680
800 280 3.43% 224000 2.74% 506 Firm 141680
1000 676 8.30% 678000 8.30% 633 Firm 429174
1200 142 1.74% 170400 2.09% 760 Firm 107920
1400 157 1.92% 219800 2.69% 886 Firm 139102
1600 991 12.13% 1585600 19.41% 1013 Firm 1003883
1800 45 0.55% 61000 0.99% 1139 Firm 51255
2000 46 0.56% 92000 1.13% 1266 Firm 58236
2200 3 0.04% 6600 0.08% 1392 Firm 4176
2400 7 0.09% 16800 0.21% 1519 Firm 10633
2600 3 0.04% 7800 0.10% 1646 Firm 4938
2800 3 0.04% 8400 0.10% 1772 Firm 5316
3000 32 0.39% 96000 1.18% 1899 Firm 60768
3200 1078 13.20% 3449600 42.24% 2025 Firm 2182950

B: Applications under Non-Retail Category Including QIBs.
Individuals applying for more than 3200 shares and ail corporates.
A total of 45 valid applications were received from non-retail s category for 26,46,800 Equity Shares resulting in 0.64 times subscription.. Firm allotments have been made against all applications and the total number of shares allotted in this category was 14,48,496. A total of 6 valid applications were received from QIBs for 67,99,200 Equity Shares resulting in 6.56 times subscription. Firm allotments have been made against all applications and the total number of shares allotted in this category was 37,20,938.

The Board of Directors of the Company at its meeting held at Kolkata on 5th April 2006 has approved the basis of allotment and has allotted the shares to the successful applicants.

The refund orders and allotment advice and the notice have been dispatched to the address of the investors as registered with the depositories. In case the same is not received within ten days, investors may contact at the address given below. The refund orders have been overprinted with the Bank Mandate details as registered if any, with the depositories. The shares allocated to successful applicants are being credited to their beneficiary accounts subject to validation of the account details with the depositories concerned. The Company is taking steps to get the Equity Shares admitted for trading on Bombay Stock Exchange Limited and National Stock Exchange of India Limited within seven working days from the date of the approval of the basis of allotment.

INVESTORS PLEASE NOTE

The details of the allotment made would also be hosted on the website of the Registrar to the Issue, Maheshwari Datametics Pvt. Ltd at mdpl@cal.vsnl.net.in

All future correspondence in this regard may kindly 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 the Name of the Bank Branch where the application has been lodged and payment details at the following address:

MAHESHWARI DATAMATICS PVT. LTD
6,Mangoe Lane, 2nd Floor, Kolkata-700 001
Tel: 91-33-2243-5029/5809,2248-2248
Fax: 91-33-2248-4787
E-mail: mdpl@cal.vsnl.net.in

Date: April 08 2006
Place: Kolkata

For Rohit Ferro-Tech Limited
Sd/-
Suresh Kumar Patni
Chairman cum Managing Director
THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE EQUITY SHARES ON LISTING OR THE BUSINESS PROSPECTS OF ROHIT FERRO-TECH LIMITED
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