Basis of Allotment

ANSHU CLOTHING LIMITED

ANSHU's CLOTHING LIMITED

(Our Company was originally incorporated as "Black Star Products Private Limited" on March 24,1995 under the Companies Act, 1956 with the Registrar of Companies, Gujarat, Ahmedabad ('ROC'). The name of Company was subsequently changed to "Maruti Dyechem Private Limited" to diversify its new activities in the field of Dyes and Intermediates and fresh Certificate of Incorporation was obtained from ROC on February 12,1998. Further the name of the Company was change to "Anshu's Clothing Private Limited" to give effect to the alteration in the Main Object Clause for entering into garment business and fresh certificate of Incorporation was obtained from ROC on June 12,2007. Our Company was subsequently converted in to a public limited company and consequently name was changed to "Anshu's Clothing Limited" vide fresh certificate of incorporation on June 1,2012 issued by the Registrar of Companies, Gujarat, Ahmedabad.)

Registered Office: F-103, Shivalik Plaza, Near IIM, ATIRA Road, Vastrapur, Ahmedabad-380015, Gujarat, India. Contact Person & Compliance Officer: Ms. Pooja Gwalani, Company Secretary,
Tel. No.+91-79-3007 1919/3298 1545
Website: www.anshusdesigns.com; E-mail:cs@anshusdesigns.com
PROMOTERS OF THE COMPANY : MR. RAVI BHANDARI AND MRS.REKHA BHANDARI

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 18,72,000 EQUITY SHARES OF Rs.10/- EACH ("EQUITY SHARES") OF ANSHU'S CLOTHING LIMITED (THE "COMPANY" OR THE "ISSUER") FOR CASH AT A PRICE OF Rs. 27/- PER EQUITY SHARE (THE "ISSUE PRICE"), AGGREGATING TO Rs. 505.44 LACS ("THE ISSUE"), OF WHICH, 3,12,000 EQUITY SHARES OF Rs.10/- EACH WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKERS TO THE ISSUE (AS DEFINED IN THE SECTION "DEFINATIONS AND ABBREVIATIONS.") (THE "MARKET MAKER RESERVATION PORTION "). THE ISSUE LESS THE MARKET MAKER RESERVATTION PORTION i.e. ISSUE OF 15,60,000 EQUITY SHARES OF Rs. 10/- EACH IS HEREINAFTER REFERED TO AS THE "NET ISSUE". THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 30.03% AND 25.02% RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF THE COMPANY. THE ISSUE IS BEING IN TERMS OF CHAPTER X-B 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 2.7 (TWO POINT SEVEN) TIME THE FACE VALUE. ISSUE OPENED ON 26th SEPTEMBER, 2012 AND CLOSED ON 28th SEPTEMBER 2012.

PROPOSED LISTING

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 5th September, 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 12th day of October 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").

SUBSCRIPTION DETAILS

The Issue has received 169 applications for 2404000 Equity Shares resulting in 1.28 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)

CATEGORY NO. OF APPLICATIONS % NO. OF EQUITY SHARES % SUBSCRIPTION
Market Maker 1 0.59 312000 12.98 1.00
Retail Individual Applicant 109 64.50 436000 18.14 0.56
Non Institutional Applicant 59 34.91 1656000 68.88 2.12
Total 169 100.00 2404000 100.00 1.28

The details of applications rejected by the Registrar on technical grounds / withdrawal are detailed below
Technical rejection / Withdrawal

CATEGORY NO. OF APPLICATIONS NO. OF EQUITY SHARES
Market Maker 0 0
Retail Individual Applicant 1 4000
Non Institutional Applicant 0 0
Total 1 4000

After eliminating Technically Rejected applications, the following table gives the details of Category wise net valid applications:
After technical rejections

CATEGORY NO. OF APPLICATIONS % NO. OF EQUITY SHARES (VALID) % SUBSCRIPTION NO. OF EQUITY SHARES (ALL0TED)
Market Maker 1 0.59 312000 13.00 1.00 312000
Retail IndividualApplicant 108 64.29 432000 18.00 0.55 432000
Non Institutional Applicant 59 35.12 1656000 69.00 2.12 1128000
Total 168 100.00 2400000 100.00 1.28 1872000

After considering the undersubscribed portion of Retail category which have been spilled over to Non Institutional category for 348000 shares. The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - BSE Limited on 8th October, 2012.

A. Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the issue price of Rs. 27/- per Equity Share, was finalised in consultation with BSE. The category was subscribed by 1.00 times. The total number of shares allotted in this category is 312000 Equity Shares.

B. Allocation to Retail Individual Investors (After Technical Rejections): The Basis of Allotment to the Retail Individual Investors, at the issue price of 7 27/- per Equity Share, was finalised in consultation with BSE. The category was subscribed by 0.55 times. The total number of shares allotted in this category is 432000 Equity Shares. Unsubscribed Portion of Retail Individual Investors for 348000 Shares have been spilled over to other than retail investors and other investors including
corporate bodies or institutions.

C. Allocation to Other than Retail Individual Investors (After Technical Rejections): The Basis of Allotment to the Non Institutional Investors, at the issue price of Rs. 27/- per Equity Share, was finalised in consultation with BSE. The category was subscribed by 2.12 times. The total number of shares allotted in this category is 1128000 Equity Shares consisting 348000Equity Shares spilled over from Retail Individual Investors Category.

The Board of Directors of the Company at its meeting held on 8th October, 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 if any and allotment advice and/or notices are being dispatched to the address of the Applicants as registered with the depositories on or before 10th October, 2012. Further, the instructions to Self Certified Syndicate Banks have been dispatched on or prior to 10th October, 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 has been hosted on the website of the Registrarto the Issue, Cameo Corporate Services Limited, www.cameoindia.com

All future correspondence in this regard may kindly be addressed to the Registrar to the Issue quoting full name of the First/Sole applicant, 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 given below.

CAMEO CORPORATE SERVICES LIMITED
'Subramanium Building', No.1, Club House Road, Chennai - 600 002 Tel.: +91-44-2846 0390;
Fax:
+91-044-2846 0129 E-maol: investor@cameoindia.com Website: www.cameoindia.com
SEBI Regn No.:
INR 000003753 Contact Person: Mr. R.D. Ramaswamy

Place: Ahmedabad
Date: 10th October, 2012
For Anshu's Clothing Limited
On Behalf of the Board of Directors
sd/-
Ravi Bhandari
Managing Director
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