Basis of Allotment

YASH  PAPERS LIMITED

YASH  PAPERS LIMITED

[The Company was incorporated as a "Public Limited Company" on May 5, 1981 under the Companies Act, 1956 at Kanpur and obtained certificate for commencement of business on June 12, 1981.]

REGISTERED OFFICE: 47/81, Hatia Bazar, Kanpur, Uttar Pradesh-208 001, Tel No:0512-2355337

WORKS& CORPORATE OFFICE: Yash Nagar, P.O. Darshan Nagar, Faizabad-224 135 Tel: 05278-258 589, 258 174, 258 777 Fax:05278-258062 Email: info@yash-papers.com Website: www.yash-papers.com

PUBLIC ISSUE OF 1,68,00,000 EQUITY SHARES OF Rs.10/- EACH FOR CASH AT A PRICE OF Rs. 14/- PER SHARE AGGREGATING TO Rs. 2352 LACS.

BASIS OF ALLOTMENT

The Board of  Directors thanks the investing public for their overwhelming response to the Public Issue which opened for subscription on 30.06.2005 and closed on 08.07.2005. The Company has received 30,654 applications for 4,92,28,000 equity shares from Indian Public resulting in subscription of 3..66 times. The Basis of Allotment was finalised in consultation with The Stock Exchange, Mumbai on 04.08.2005 and 1,34,40,000 equity shares have been allotted by the Committee of directors at its Meeting held on 04.08.2005 as mentioned below:

1. Retail individual investors who have applied for equity shares for a value upto Rs.50,000/-

The company has received 30113 valid applications for total of 4,14,16,000 shares in this category resulting in 3.08 times subscription. The details of category-wise allotment are given below:

Category Shares allotted Ratio
500 500 3:11
1000 500 6:11
1500 500 41:50
2000 546
1
Firm
10:61
Category Shares allotted Ratio
2500 683 FIRM
3000 819 FIRM
3500 956 FIRM

2. Bodies Corporate & Individual Investors who have applied for equity shares for a value more than Rs.50,000/-

The company has received a total of 541 valid applications for 78,12,000 shares in this category, resulting in 0.58 times subscription. The details of category-wise allotment are given below:

Category Shares allotted Ratio
4000 1092 Firm
4500 1229 Firm
5000 1365 Firm
5500 1502 Firm
6000 1638 Firm
6500 1775 Firm
7000 1911 Firm
7500 2048 Firm
8000 2184 Firm
9000 2457 Firm
9500 2594 Firm
10000 2730 Firm
10500 2867 Firm
11000 3003 Firm
12500 3413 Firm
14000 3822 Firm
15000 4095 Firm
16000 4368 Firm
17000 4641 Firm
20000 5460 Firm
22000 6006 Firm
Category Shares allotted Ratio
2500 6826 Firm
30000 8191 Firm
31000 8463 Firm
35000 9556 Firm
35500 9692 Firm
48500 13241 Firm
50000 13651 Firm
60000 16381 Firm
63000 17200 Firm
71000 19384 Firm
73500 20067 Firm
75500 20613 Firm
80000 21841 Firm
99000 27029 Firm
100000 27302 Firm
107500 29349 Firm
270000 73714 Firm
300000 81905 Firm
700000 191121 Firm
714500 195081 Firm

Refund orders, have already been despatched on 06.08.2005 and the beneficiary account of allottees have been credited with shares on 08.08.2005 in NSDL and on 06.08.2005 inCSDL. Listing Applications have been filed with The Stock Exchange, Mumbai and UPSE, Kanpur vide letters dated 03.08.2005.

All future correspondence in this regard may kindly be addressed to the Registrars 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.

Skyline Financial Services Pvt. Ltd., 123, Vinoba Puri, Lajpat Nagar-11, New Delhi-110024 Tel No.:(011)2983 3777, 2984 7136
Fax No. : (011)2984 8352 Email: admin@skylinerta.com

Date  : 09.08.2005
Place : Faizabad

For Yash Papers Limited
Ved Krishna
Managing Director

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