Basis of Allotment

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(This is only an advertisement for Information purposes and not a Prospectus announcement.)

VCU DATA MANAGEMENT LIMITED
(C.I.N.-U74999MH2013PLC240938)

Our Company was originally incorporated as "VCU Data Management Limited." on 13/03/2013 under the Companies Act, 1956 vide Certificate of Incorporation issued by the Registrar of Companies, Maharashtra, Mumbai. Simultaneously, a Certificate for Commencement of Business was issued to us by the Registrar of Companies, Maharashtra, Mumbai on 15/05/2013.
The registered office of our Company originally situated at C-3, Commerce House, Nagindas Master Road, Fort, Mumbai 400023, Maharashtra was shifted to 1/1 A, 5th Floor, Rahimtoola House, 7, Homji Street, Fort, Mumbai - 400001 w.e.f. 01/05/2013 & further w.e.f. 01/09/2013 has now been shifted to 5/9, Beaumon Chambers, 2nd Floor, Nagindas Master Road, Fort, Mumbai - 400 001. For more details, please refer section titled "History and Certain Corporate Matters" on Page No. 93 of the Prospectus.
Registered Office:
5/9, Beaumon Chambers, 2nd Floor, Nagindas Master Road, Fort, Mumbai 400001, Maharashtra;
Tel. No.: 022-22666898; Fax No.: 022-22666898
Website:
www.vcupack.com; E-mail: cs@vcupack.com
Contact Person:
Ms. Vishakha K. Mehta, Company Secretary and Compliance Officer,
Tel. No.: 022- 22666898
PROMOTERS: MR. HARDIK H. SANGHVI, MR. SANJAY VARDHAN & MR. SHRIPAL BAFNA

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 75,00,000 EQUITY SHARES OF RS.10/- EACH (EQUITY SHARES OF VCU DATA MANAGEMENT LIMITED ("VCU", "THE COMPANY" OR "THE ISSUER") FOR CASH AT A PRICE OF RS.25/- PER EQUITY SHARE (THE ISSUE PRICE) AGGREGATING TO RS.1,875 LACS (THE ISSUE).THE FACE VALUE OF THE SHARE IS RS. 10/-EACH AND THE ISSUE PRICE IS 2.5 (TWO AND HALF) TIMES OF THE FACE VALUE.THE ISSUE IS BEING MADE IN TERMS OF CHAPTER XB OF SEBI (ICDR) REGULATIONS, 2009 AS AMENDED (THE "SEBI REGULATIONS"). OUT OF THE PROPOSED ISSUE OF 75,00,000 EQUTTY SHARES, 31,50,000 EQUITY SHARES ARE RESERVED FOR SUBSCRIPTION BY THE PROMOTERS AND 3,78,000 EQUITY SHARES ARE RESERVED FOR SUBSCRIPTION BY THE MARKET MAKER (AS DEFINED IN THE SECTION "DEFINITIONS AND ABBREVIATIONS") (THE "MARKET MAKER RESERVATION PORTION").THE ISSUE LESS THE PORTION RESERVED FOR THE PROMOTERS AND THE MARKET MAKER i.e. ISSUE OF 39,72,000 EQUITY SHARES OF RS 10/- EACH IS HEREINAFTER REFERRED TO AS THE "NET ISSUE". THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 48.39% AND 25.63%, RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF THE COMPANY. THIS BEING A FIXED PRICE ISSUE, AS PER SUB CLAUSE (4) OF REGULATION 43 OF THE SEBI (lCDR) REGULATIONS, 2009AS AMENDED (THE "SEBI REGULATIONS"), OUT OF THE NET OFFER OF 39,72,000 EQUITY SHARES, NOT LESS THAN 50% SHALL BE AVAILABLE TO RETAIL INDIVIDUAL INVESTORS AND THE REMAINING TO INDIVIDUAL APPLICANTS OTHER THAN RETAIL INVESTORS AND OTHER INVESTORS 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 PROPORIONATE BASIS, THEY SHALL BE ALLOTED THAT HIGHER PERCENTAGE.

THE FACE VALUE OF THE EQUITY SHARES IS RS.10 EACH AND THE ISSUE PRICE OF RS.25 IS 2.5 TIMES OF THE FACE VALUE ISSUE OPENED ON FRIDAY, OCTOBER 4,2013 AND CLOSED ON TUESDAY, OCTOBER 8,2013
PROPOSED LISTING: 23-10-2013*

The Equity Shares offered through the Prospectus are proposed to be listed on the SME Platform of the BSE Limited ("BSE"). In terms of Chapter XB of SEBI (ICDR) Regulations, 2009 as amended from time to time, we are not required to obtain any inprinciple listing approval for the shares being offered in this Issue. However, the Company has received an approval letter dated 11/09/2013 from BSE for using its name in the Offer Document for listing the shares on the SME Platform of the BSE. For the purpose of this Issue, the Designated Stock Exchange will be the BSE Limited ("BSE").The trading is proposed to be commenced with effect from 23-10-2013*.

*Subject to receipt of listing and trading approvals from the BSE Limited.

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 160 applications for 79,80,000 Equity Shares resulting in 1.06 times subscription (including reserved portion of Promoters & Market Maker). Promoters have brought in the Subscription amount of  Rs.7,87,50,000 for 31,50,000 Equity Shares one day prior to the opening of the Issue .i.e. 03.10.2013 under Non-ASBA mode towards Promoters Contribution. The details of the applications received in the Issue (before technical rejections and after cheque returns) are as follows: Detail of the Applications Received (Before Technical Rejection)

CATEGORY NO. OF
APPLICATIONS
% NO. OF
EQUITY SHARES
% SUBSCRIPTION
Market Maker 1 0.63 3,78,000 4.74 1
Retail Individual Applicant 105 65.63 6,30,000 7.89 0.29
Non Institutional Applicant 51 31.88 38,22,000 47.89 1.12
Promoters 3 1.88 31,50,000 39.47 1.00
Total 160 100 79,80,000 100 1.06

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 Nil Nil
Retail Individual Applicant 7 42,000
Non Institutional Applicant Nil Nil
Promoters Nil Nil
Total 7 42,000

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 (ALLOTTED)
Market Maker 1 0.65 3,78,000 4.76 1 3,78,000
Retail Individual Applicant 98 64.05 5,88,000 7.41 0.30 5,88,000
Non Institutional Applicant 51 33.33 38,22,000 48.15 1.13 *33,84,000
Promoters 3 1.96 31,50,000 39.68 1.00 31,50,000
Total 153 100 79,38,000 100 1.05 75,00,000

* In the event of under subscription in the retail category i.e. 1398000 equity shares were spilled over to other than retail individual investors category as terms of the Prospectus.

The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - BSE Limited on October 18,2013.

A . Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the issue price of Rs.25/- per Equity Share, was finalized in consultation with BSE. The category was subscribed by 0.30 times. The total number of shares allotted in this category is 5,88,000 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 Rs. 25/- per Equity Share, was finalized in consultation with BSE. The category was subscribed by 1.13 times. The total number of shares allotted in this category is 33,84,000 Equity Shares.

The Category-wise details of the Basis of Allotment are as under:

No. of Shares applied for (Category wise) No. of Applications Received % to total Total No. of Shares Applied in each category % of total Proportionate Shares Available Allocation Per Applicant
Before Rounding Off
Allocation Per Applicant
After Rounding Off
Ratio of Allottees to Applicants Total No. of Shares Allotted Surplus/ Defecit
6000 98 100.00 5,88,000 100.00 19,86,000 20,265.31 6000.00 1 5,88,000 -13,98,000
Total 98 100.00 5,88,000 100.00 19,86,000 20,265.31 6000.00 1 5,88,000 -13,98,000

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.25/-per Equity Share, was finalized in consultation with BSE. The category was subscribed 1.13 times. The total number of shares allotted in this category is 33,84,000 Equity Shares.

The Category-wise details of the Basis of Allotment are as under:

No. of Shares applied for (Category wise) No. of Applications Received % to total Total No. of Shares Applied in each category % of total Proportionate Shares Available Allocation Per Applicant
Before Rounding Off
Allocation Per Applicant
After Rounding Off
Ratio of Allottees to Applicants Total No. of Shares Allotted Surplus/ Defecit
12,000 11 21.57 1,32,000 3.45 1,16,873 10,624.80 12,000.00 1:1 1,32,000 15,127
18,000 8 15.69 1,44,000 3.77 1,27,497 15,937.21 18,000.00 1:1 1,44,000 16,503
24,000 6 11.77 1,44,000 3.77 1,27,498 21,249.61 18,000.00 1:1 1,08,000 -19,498
6,000.00 6,000.00 1:6 6,000 6,000
30,000 1 1.96 30,000 0.78 26,562 26,562.01 24,000.00 1:1 24,000 -2,562
48,000 5 9.80 2,40,000 6.28 2,12,496 42,499.22 42,000.00 1:1 2,10,000 -2,496
60,000 1 1.96 60,000 1.57 53,124 53,124.02 54,000.00 1:1 54,000 876
90,000 2 3.92 1,80,000 4.71 1,59,372 79,686.03 78,000.00 1:1 1,56,000 -3,372
96,000 5 9.80 4,80,000 12.56 4,24,992 84,998.43 84,000.00 1:1 4,20,000 -4,992
1,02,000 8 15.69 8,16,000 21.35 7,22,487 90,310.83 90,000.00 1:1 7,20,000 -2,487
2,04,003 1 1.96 2,04,000 5.34 1,80,622 1,80,621.66 1,80,000.00 1:1 1,80,000 -622
3,00,003 2 3.92 6,00,000 15.70 5,31,240 2,65,620.09 2,64,000.00 1:1 5,28,000 -3,240
7,92,000 1 1.96 7,92,000 20.72 7,01,237 7,01,237.05 7,02,000.00 1:1 7,02,000 763
Total 51 100.00 38,22,000 100.00 33,84,000 33,84,000 0

The Board of Directors of the Company at its meeting held on October 21,2013 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz. BSE Limited 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 October 21,2013. Further, the instructions to Self Certified Syndicate Banks have been dispatched on or prior to October 19,2013. In case the same is not received within 10 days, investors may contact at the address given below. Refunds have been made through Direct credit, RTGS and NEFT, into the Bank Accounts of the applicants, as registered with the depositories. For other applicants Refund Orders have been dispatched to their address 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 over-printed with the Bank Mandate details as registered, if any, with the depositories. 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. Note: All capitalized terms used and not defined herein shall have the respective meaning assigned to them in the Prospectus dated September 13,2013 ("Prospectus").

INVESTORS PLEASE NOTE:
The details of the allotment made would also be hosted on the website of the Registrar to the Issue, SHAREPRO SERVICES (INDIA) PRIVATE LIMITED at 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
13 AB, Samitha Warehousing Complex, 2nd Floor, Sakinaka Telephone Exchange Lane, Off Andheri Kurla Road, Sakinaka, Andheri (E), Mumbai - 400072
Tel: +91 -22- 61915400/5402, Fax: +91 -22- 61915444, Email: sme.ipo@shareproservices.com,
Website: www.shareproservices.com, Contact Person: Mr. Subhash Dhingreja

Place: Mumbai
Date : October 22,2013
For VCU Data Management Limited
On behalf of the Board of Directors
Sd/-
Company Secretary And Compliance Officer

THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OFTHE EQUITY SHARE ON LISTING OR THE BUSINESS PROSPECTS OF VCU DATA MANAGEMENT LIMITED.

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