| Basis of Allotment |
COMFORT COMMOTRADE LIMITED The Company was originally incorporated in Mumbai as "Comfort Commotrade Private Limited" on 5th November, 2007 under the Companies Act, 1956 vide certificate of incorporation issued by the Registrar of Companies, Maharashtra, Mumbai. Our Company was subsequently converted in to a public limited company and consequently name was changed to "Comfort Commotrade Limited " vide fresh certificate of incorporation dated 21st May, 2012 issued by the Registrar of Companies, Maharashtra, Mumbai. For further details in relation to the change in the name of our Company, please refer to the section titled "Our History and Corporate Structure" beginning on page 92 of the Prospectus. Registered Office & Corporate Office: A-301, Hetal Arch, S.
V. Road, Malad (West), Mumbai - 400 064, PROMOTERS OF THE COMPANY: MR. ANIL AGRAWAL & MRS. ANNU AGRAWAL BASIS OF ALLOTMENT PUBLIC ISSUE OF 60,00,000 EQUITY SHARES OF RS. 10/- EACH ("EQUITY SHARES") OF COMFORT COMMOTRADE LIMITED ("CCL" OR THE "COMPANY" OR THE "ISSUER") FOR CASH AT A PRICE OF RS. 10/- PER SHARE (THE "ISSUE PRICE"), AGGREGATING TO RS. 600.00 LACS ("THE ISSUE"), OF WHICH, 5,10,000 EQUITY SHARES OF RS. 10 EACH WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER TO THE ISSUE (AS DEFINED IN THE SECTION "DEFINITIONS AND ABBREVIATIONS") (THE "MARKET MAKER RESERVATION PORTION"). THE ISSUE LESS THE MARKET MAKER RESERVATION PORTION i.e. ISSUE OF 54,90,000 EQUITY SHARES OF RS. 10 EACH IS HEREINAFTER REFERRED TO AS THE "NET ISSUE". THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 59.88% AND 54.79%, RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF THE COMPANY.THIS BEING A FIXED PRICE, AS PER SUB CLAUSE (4) OF REGULATION 43 OF THE SEBI (ICDR) REGULATIONS, 2009 AS AMENDED (THE "SEBI REGULATIONS"), OUT OF THE NET OFER OF 54,90,000 EQUITY SHARES, NOT LESS THAN 50% SHALL BE AVALABLE TO RETAIL INDIVIDUAL INVESTORS AND THE REMAINING TO INDIVIDUAL APPLICANTS OTHER THAN RETAIL INVESTORS AND OTHER INVETORS INCLUDING CORPORATE BODIES OR INSTITUTIONS IRRESPECTIVE OF THE NUMBER OF SHARES APPLIED FOR. IF THE RETAIL INDIVIDUAL INVESTOR CATEGORY IS ENTITLED TO MORE THAN 50% ON PROPORATIONATE BASIS, THEY SHALL BE ALLOTTED THAT HIGHER PERCENTAGE. This being a Fixed Price Issue, the allocation in the Net Offer to the Public category shall be made as Reg. 43(4) of the SEBI (ICDR) Regulations, 2009, as amended from time to time. THE FACE VALUE OF OUR EQUITY SHARES IS RS. 10 EACH AND THE ISSUE PRICE IS 1 (ONE) TIME THE FACE VALUE. ISSUE OPENED ON 5th SEPTEMBER, 2012 AND CLOSED ON 10TH SEPTEMBER 2012.
The Equity Shares of the Company are proposed to be listed on the SME Platform of BSE Limited ("BSE") In terms of Chapter XB of the SEBI (ICDR) Regulations, 2009, as amended from time to time, we are not required to obtain an in-principle listing approval from BSE. However, our Company has received an approval via letter dated 10th August, 2012 from BSE for using Its name in the offer document for listing of our shares on the SME Platform of BSE. BSE shall be the Designated Stock Exchange for the purpose of this Issue. The trading is proposed to be commenced with effect from Monday 24th day of September 2012*. *Subject to receipt of listing and trading approvals from the BSE Limited. This being a Fixed Price Issue, the allocation in the Net Offer to the Public category shall be made as Reg. 43(4) of the SEBI (ICDR) Regulations, 2009, as amended from time to time, wherein a minimum of 50% of the Net Offer of shares to the Public shall initially be made available for allotment to Retail Individual Investors. The balance Net Offer of 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 number of shares applied for. The unsubscribed portion of the Net Offer to any one of the categories specified above shall/may be made available for allocation to Applicants in the other category, if so required. All Applicants were allowed to participate in the Issue through APPLICATIONS SUPPORTED BY BLOCKED AMOUNT ("ASBA") process by providing the details of their respective bank accounts in which the corresponding application amounts were blocked by Self Certified Syndicate Banks (the "SCSBs").
The Issue has received 235 applications for 7800000 Equity Shares resulting in 1.3 times subscription (including reserved portion of Market Maker). The details of the applications received in the Issue (before technical rejections) are as follows: Detail of the Applications Received (Before Technical Rejection)
The details of applications rejected by the Registrar on technical grounds / withdrawal are detailed below Technical rejection / Withdrawal
After eliminating Technically Rejected applications, the following table gives the details of Category wise net valid applications: After technical rejections
* After considering the undersubscribed portion of Retail category which have been spilled over to Non Institutional category for 25000 shares. The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - BSE Limited on 17th September, 2012. A. Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to
the Market Maker, at the issue price B. Allocation to Retail Individual Investors (After Technical Rejections): The Basis of
Allotment to the Retail Individual C. Allocation to Other than Retail Individual Investors (After Technical Rejections):
The Basis of Allotment to the Non The Board of Directors of the Company at its meeting held on 18th September, 2012 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz. BSE and has authorized the corporate action for the transfer of the Equity Shares to various successful applicants. The CAN-Cum-Refund Orders and allotment advice and/or notices are being dispatched to the address of the Applicants as registered with the depositories on 20th September ,2012. Further, the instructions to Self Certified Syndicate Banks have been dispatched on or prior to 20th September, 2012. In case the same is not received within 10 days, investors may contact at the address given below. The Equity 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 the SME Platform of BSE Limited within Twelve working days from the date of the closure of the Issue. INVESTORS PLEASE NOTE The details of the allotment made would also be hosted on the website of the Registrar to the Issue, Sharepro Services (I) Pvt Ltd. www.shareproservices.com. All future correspondence in this regard may kindly be addressed to the Registrar to the Issue quoting full name of the First/ Sole applicants, serial number of the Application Form, number of shares applied for and Bank Branch where the application had been lodged and payment details at the address of the Registrar given below: SHAREPRO SERVICES (INDIA) PRIVATE LIMITED
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