Basis of Allotment

ALPS INDUSTRIES LIMITED

ALPS INDUSTRIES LIMITED

(Originally incorporated as Alps Textiles Private Limited on 11th May, 1972 with Registrar if Companies,. Uttar Pradesh, Kanpur. It was converted into a Public Limited Company vide fresh Cetificate of Incorporation dated 2nd September 1994. The name was changed to its present name. Alps Industries limited vide fresh Certificate of Incorporation dated 15th November 1994).
Registered office : B-2 Loni Road Industrial Area, Opp. Mohan Nagar, Ghaziabad- 201 007
Tel No: (+91 -0120) 2940649; Fax No: (+91 -0120) 294 0540

Corporate Office & Works : 57/2, Site-IV, Industrial Area, Sahibabad, Gahziabad-201010
Tel No: (+91 -0120) 2896022-24; Fax: (+91 -0120) 2896041,
Email : publicissue@alpsindustries.com Website: www.alpsindustries.com

BASIS OF ALLOTMENT
Public Issue 41,50,000 Equity shares of Rs. 10/- Issued for cash at a premium of Rs. 110/- per share aggregating Rs. 4980 Lacs. The Issue would constitute 38.17% of the Post Issue paid-up capital. The Issue price of Rs. 120/- per share is 12 times of the face value of the share.

The issue received 51,010 valid applications for 20,220,000 equity shares resulting in 7.63 times subscription. The details of the applications received  in the Issue from Retail category, Corporates/ Institutions (Non retail category) are as under:

Category No.of Applications No. of Shares Subscription (no.of times)
Retails 49,7115 12,316,750 7.63
Non Retails Investors 1,295 7,903,250 7.62

A. Allotment to Retail Investors
The total number of shares allotted in this category is 1,614,346 Equity shares, The category-wise details of the basis of allotment are as under:

Category No. of
Appins
% to
total
Total Nos. of
Sharesapplied
% to
total
No.of Shares
allotted
Ratio Total No. of Shares allotted
50 7,219 14.52 360,950 2.93 50 8:57 50,650
100 8,434 18.98 943,400 7.66 50 4:15 125,800
150 2,814 5.66 422,100 3.43 50 2:50 56,300
200 4,872 9.80 974,400 7.91 50 10:19 128,200
250 1,682 3.38 420,500 3.41 50 2:30 56,050
300 2,423 4.87 726,900 5.90 50 19:24 95,900
350 798 1.61 279,300 2.27 50 12:13 36,850
400 20,473 41.18 8,189,200 66.49 50 1:1 1,064,596

B. Allotment to Bodies Corporate/ Institution Non-Retail Category
The total number of shares alloted in this category is 1,036,154 Eauity Shares, The category-wise datils of the basis of allotment as under:

Category No. of
Appins
Total No. of
Shares applied
No. of Shares
allotted
Ration Total No. of
Shares allotted
450 onwards 1295 7,903,250 Proportionate Firm 1,036,54

The Board of Directors of the company at it's Meeting held at Ghaziabad 15th October, 2005 has approved the basis of allotment of shares and allotted the shares to various successful applicants.

Refund Orders have 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 over-printed with the Bank Mandae details as registered. If any, with the depositories the 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 Bombay Stock Exchange Limited and National Stock Exchange within seven working days from the date of approval of the basis of allotment.

INVESTORS PLEASE NOTE:

Investors to note that they should deal in the new equity shares of the Company only after confirming that the listing and trading permissions for the same have been obtained from both BSE and NSE.

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, number of shares applied for, and Place where the application was submitted and payment details at the address given below:

Alankit Assignments Limited
Unit: Alps Industries Limited
SEBI Registration No. INR000002535
205-208, Anarkali Market, Jhandewalan Extension, New Delhi - 110 055.
Tel.:(011) 23541234, 52541234, Fax : (011) 5154 0064 E-mail : alps@alankit.com

Place : Ghaziabad
Date : 15th October, 2005

For Apls Industries Ltd.
Sd/-
Ajay Gupta
Company Secretary-cum-AGM(Legal)

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