| Basis of Allotment |
| DYNEMIC
PRODUCTS LTD.
(The company was Incorporated on 14th June, 1990 as Private Limited
company. The company got converted into Public Limited on 28th January, 1993)
---------------------------------------------------------------------------------------------------------------------------- PUBLIC ISSUE OF 44,21,000 EQUITY SHARES OF RS. 10/- EACH FOR CASH AT A PREMIUM OF RS. 25/- PER SHARE AGGREGATING RS. 1547.35 LACS (HEREINAFTER REFERRED TO AS "THE ISSUE"). THE FACE VALUE PER EQUITY SHARE IS RS. 10/- EACH AND THE ISSUE PRICE IS 3.5 TIMES OF THE FACE VALUE. BASIS OF ALLOTMENT The Board of Directors thanks the investing public for their overwhelming response to the company's maiden Public Issue which opened for subscription on January 18, 2006 and closed on January 25, 2006. The company has received 51667 applications for 52031065 equity shares resulting in 11.80 times. The basis of allotment was finalized in consultation with Bombay Stock Exchange Limited on 17-02-2006 and 4422569 equity shares excess by 1569 equity shares has been allotted due to rounding off by the Board at its meeting held on February 20, 2006 as mentioned below. The details of the valid applications received in the Issue from Retail and Non Institutional Investor categories are as under:
The Company has made firm allotment of10,000Equity Shares to Lead Managers to the Issue as per the Prospectus dated 27th December, 2005 A. Allocation to Retail Investors
All the applicants from 1800 shares category onwards have been given firm allotment on proportionate basis Inverse to the over-subscription ratio. B. Allocation to Non Institutional Investors The Basis of Allocation to the Non institutional investors was finalized in consultation with BSE. The category was subscribed 11.66 times. The total number of shares allotted in this category is 749870 Equity Shares (17 % of total shares has been allotted tothis category). , All the applicants in this category have been given firm allotment on proportionate basis inverse to the over-subscription ratio.
The Refund Orders has 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 printed with the Bank Mandate details as registered, if any, with the depositories. The shares allocated to successful applicants are credited to their beneficiary accounts subject to validation of the account details with the depositories concerned. INVESTORS PLEASE NOTE This details of the allocation made are being hosted on the website of Registrars to the Issue, Bigshare Services Private Limited at www.bigshareonline.com. All future correspondence in this regard may kindly be addressed to the Registrars to the Issue quoting full name of the First/ Sole applicant, Serial numberoftheapplication form, number ofsharesappliedforand paymentdetaiIsattheaddress given below: BIGSHARE SERVICES PRIVATE LIMITED E-2,AnsaIndustrialEstate,SakiViharRoad,Sakinaka,Andheri(E),Mumbai 400072;Tel:
912228470652/0653;Fax:
THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE EQUITY SHARE ON LISTING OR THE BUSINESS PROSPECTS OF DYNEMIC PRODUCTS LIMITED |
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