Basis of Allotment

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

JIYA ECO-PRODUCTS LIMITED

Our Company was incorporated as "Jiya Eco-Products Private Limited" under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated December 27,2011 issued by Registrar of Companies, Gujarat, Dadra and Nagar Havelli bearing registration no. 068414, in Bhavnagar, Gujarat. Subsequently, our Company was converted into a public limited company and the name of our Company was changed to "Jiya Eco-Products Limited" vide a Fresh Certificate of Incorporation Consequent up on Change of Name on Conversion to Public Limited Company dated February 11,2014. Our corporate identity number is U01111GJ2011PLC068414. Forfurttier details of incorporation, changes of name and changes in Registered Office of our Company please refer to the chapters titled 'General Information' and 'Our History and Certain Other Corporate Matters' beginning on pages 62 and 154 respectively of the Prospectus.

Registered Office: G-6/7 B, Ruturaj Complex, Opp. A.V. School Ground, Crecent Road Bhavnagar - 364001, Gujarat, India.
Corporate Office: A-25 Circle - "B", Above Pakwan-2, Judges Bunglow Road, Bodakdev, Ahmedabad, Gujarat, India.
Tel.: 02841 - 281028; Fax: 02841 - 281028; E-mail: ipo@jiyaeco.in; Website: www. jiyaeco.com; Corporate Identity Number: U01111GJ2011 PLC068414. Contact Person: Harshil Shah, Company Secretary & Compliance Officer; Promoters of Our Company:
Mr. Bhavesh Kakadiya, Mr. Harshad Monpara & Mr. Yogesh Patel.

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 24,12,000 EQUITY SHARES OF FACE VALUE OF RS. 10 EACH ("EQUITY SHARES") OF JIYA ECO-PRODUCTS LIMITED (THE "COMPANY" OR THE "ISSUER") FOR CASH AT A PRICE OF RS. 19 PER EQUITY SHARE, INCLUDING A SHARE PREMIUM OF RS.9 PER EQUITY SHARE (THE "ISSUE PRICE"), AGGREGATING RS. 458.28 LAKHS ("THE ISSUE"), OF WHICH 1,26,000 EQUITY SHARES OF FACE VALUE OF RS. 10 EACH FOR CASH AT A PRICE OF RS. 19 PER EQUITY SHARE, AGGREGATING RS. 23.94 LAKHS WILL BE RESERVED FOR SUBSCRIPTION BY THE MARKET MAKER TO THE ISSUE (THE "MARKET MAKER RESERVATION PORTION"). THE ISSUE LESS MARKET MAKER RESERVATION PORTION I.E. ISSUE OF 22,86,000 EQUITY SHARES OF FACE VALUE OF RS. 10 EACH FOR CASH AT A PRICE OF RS. 10 PER EQUITY SHARE, AGGREGATING RS. 434.34 LAKHS IS HEREINAFTER REFERED TO AS THE "NET ISSUE". THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 27.01 % AND 25.60% RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY.

In terms of Prospectus dated June 22,2015 and as per Regulation 43 (4) of SEBI (ICDR) Regulations, 2009 wherein a minimum of 50% of the Net Offer to Public shall initially be made available to Retail Individual Investors. The balance net offer of shares to the public shall be made available for allotment to a) individual applicants other than retail investors and b) other investors including corporate bodies/ institutions irrespective of no. of shares applied for. The unsubscribed portion of the net offer to any one of the categories specified in (a) or (b) shall/may be made available for allocation in any other category, if so required.
Explanation: For the purpose of Regulation 43 (4) of SEBI (ICDR) Regulations, 2009, if the retail individual investor is entitled to more than fifty percent, on proportionate basis, the retail individual investors shall be allocated that higher percentage.

THE FACE VALUE OF EQUITY SHARES IS RS. 10 EACH. THE ISSUE PRICE IS RS. 19.00. THE ISSUE PRICE IS 1.9 TIMES OF THE FACE VALUE. ISSUE OPENED ON JUNE 29,2015 AND CLOSED ON JULY 2,2015.

The Equity Shares offered through the Prospectus are proposed to be listed on the SME Platform of BSE Limited ("BSE") ("BSE SME") in terms of the chapter XB of the SEBI (ICDR) Regulations, 2009 as amended from time to time. The Company is not required to obtain an in-principle approval for the shares being offered in this Issue. However, the Company has received an approval letterdated March 23,2015 from BSE for using Its name in the Prospectus for listing of our Shares on BSE. The designated stockexchange is BSE. All Applicants were allowed to participate in the Issue through APPLICATION SUPPORTED BY BLOCKED AMOUNT ("ASBA") process by providing the details of the respective bank accounts in which the corresponding application amounts were blocked by Self Certified Syndicate Banks (the "SCSBs").

SUBSCRIPTION DETAILS

The Issue has received 571 applications for 47,46,000 Equity shares (including Market Maker Application of 1,26,000 Equity Shares) (after cheque return) resulting 1.968 times subscription. After considering, Cheque Return, Withdrawls and Technical/ Multiple Rejection cases, the issue was subscribed 1.94 times (including the Market Maker Portion).
The details of application received (Before Technical Rejection & withdrawl of application but after cheque returns)

CATEGORY NUMBER OF APPLICATIONS NUMBER OF EQUITY SHARES SUBSCRIPTION (Times)
Market Makers 1 1,26,000 1.00
Other than Retail Individual Investor's 49 14,94,000 1.311
Retail Individual Investor's 521 31,26,000 2.728
TOTAL 571 47,46,000 1.968

The details of applications rejected by the Registrar on technical grounds (including withdrawals) are detailed below:

CATEGORY NUMBER OF APPLICATIONS NUMBER OF EQUITY SHARES
Market Makers - -
Other than Retail Individual Investor's - -
Retail Individual Investor's 11 66,000
TOTAL 11 66,000

Detail of the Applications Received (After Technical Rejection & withdrawal):

CATEGORY NUMBER OF APPLICATIONS NUMBER OF EQUITY SHARES SUBSCRIPTION (Times) REVISED SUBSCRIPTION* (Times)
Market Makers 1 1,26,000 1.00 1.00
Other than Retail Individual Investor's 49 14,94,000 1.311 2.008
Retail Individual Investor's 510 30,60,000 2.670 1.984
TOTAL 560 46,80,000

* Arrived as per designation stock exchange in terms of SEBI (ICDR) Regulations.
ALLOCATION: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - BSE on July 13,2015.

A. Allocation to Market Maker (After Technical Rejections & Withdrawal): The Basis of Allotment to the Market Maker, at the issue price of Rs. 19/- per Equity Share, was finalized in consultation with BSE. The category was subscribed by 1.00 times. The total number of shares allotted in this category is 1,26,000 Equity shares in full out of reserved portion of 1,26,000 Equity Shares.

B. Allocation to Retail Individual Investors (After Technical Rejections S Withdrawal): The Basis of Allotment to the Retail Individual Investors, at the issue price of Rs. 19/- per Equity Share, was finalized in consultation with BSE. The category was subscribed by 1.984 times. Total number of shares allotted in this category is 15,42,000 Equity Shares. The category wise basis of allotment is as under:

No. of Shares Applied for (Category wise) No. Of Applications received %
to
Total
Total No. of Equity Shares applied %
to
Total
Proportionate Shares Available Allocation per Applicant Ratio of Allottees to the Applicants Total No. of Equity Shares allotted Surplus/ (Deficit)
6,000 510 100.00 30,60,000 100.00 15,42,000 6,000 50:99 15,42,000 0.00

C. Allocation to Other than Retail Individual Investor (After Technical Rejection and Withdrawal): The Basis of Allotment to other than Retail Individual Investors, at the issue price of Rs 19/- per Equity Share, was finalized in consultation with BSE. The category was subscribed by 2.008 times. Total number of shares allotted in this category is 7,44,000 Equity Shares. The category wise basis of allotment is as under:

No. of Shares Applied for (Category wise) No. of Applications received %
to
Total
Total No.of Equity Shares applied %
to
Total
Proportionate Shares Available Allocation per Applicant (Before Rounding Off) Allocation per Applicant (After Rounding Off) Ratio of Allottees to the Applicants Total No. of Equity Shares allotted Surplus/ (Deficit)
12,000 19 38.78 2,28,000 15.26 1,13,542 5,975.90 6,000 1:1 1,14,000 458
18,000 4 8.16 72,000 4.82 35,855 8,963.86 12,000 1:1 48,000 12145
24,000 16 32.65 3,84,000 25.70 1,91,229 11,951.81 12,000 1:1 1,92,000 771
30,000 1 2.04 30,000 2.01 14,940 14,939.76 18,000 1:1 18,000 3060
54,000 4 8.16 2,16,000 14.46 1,07,566 26,891.57 24,000 1:1 96,000 (11566)
60,000 1 2.04 60,000 4.02 29,880 29,879.52 30,000 1:1 30,000 120
84,000 1 2.04 84,000 5.62 41,831 41,831.33 42,000 1:1 42,000 169
96,000 1 2.04 96,000 6.43 47,807 47,807.23 48,000 1:1 48,000 193
1,26,000 1 2.04 1,26,000 8.43 62,747 62,746.99 60,000 1:1 60,000 (2747)
1,98,000 1 2.04 1,98,000 13.25 98,603 98,602.41 96,000 1:1 96,000 (2603)
Total 49 100 14,94,000 100 7,44,000 7,44,000 0

The Board of Directors of the Company at its meeting held on July 14,2015 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz. BSE and authorized corporate action for allotment of shares in dematerialized form 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 / as filled in the application form on or before 15/07/2015. Further, the instructions to SCSBs are being processed on 14/07/2015. 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 within Twelve working days from the date of the closure of the Issue. The trading is proposed to commence on or before July 16,2015 subject to receipt of listing and trading approvals from BSE.
ADDENDUM TO THE PROSPECTUS DATED JUNE 22,2015 - Notice to Investors
In relation to the Issue, our Company has filed the Prospectus dated June 22,2015 with the Registrar of Companies, Ahmedabad ("RoC"), BSE Limited and Securities and Exchange Board of India. All capitalized terms used in this addendum notice shall, unless the context otherwise required, have the meaning as ascribed in the Prospectus. Investors may note the following changes to the disclosures in the Prospectus. In the section titled "Capital Structure" of the Prospectus beginning on page 71, under the heading Shareholding pattern in accordance with clause 37 of listing agreement,
1. Individual (non-institutional) shareholders holding nominal share capital upto Rs. 1 Lakh is 1 shareholder holding 10000 Equity Shares (0.15% of total holding) and shareholders holding nominal share capital in excess of Rs. 1 Lakh are 7 shareholders holding 936850 Equity Shares (14.37% of total holding)
2.Total number of shares (i.e "Total A+B"and"Grand Total A+B+C'')    "TotalA+B"and"GrandTotalA+B+C'') was wrongly mentioned as 65,18,340 Equity Shares instead of 65,18,314 Equity shares and
3. Dematerialsed shares in "individual shareholders holding nominal share capital in excess of  Rs.1Lakh" wrongly mentioned as 5,26,000 Equity Shares instead of 6,93,500 Equity shares
INVESTORS PLEASE NOTE
The details of the allotment made would also be hosted on the website of the Registrar to the Issue at  www.bigshareonline.com    All future correspondence in this regard may kindly be addressed to the Registrar 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 of the Registrar given below:

BIGSHARE SERVICES PRIVATE LIMITED
E/2, Ansa Industrial Estate, Saki Vihar Road, Saki Naka, Andheri (East), Mumbai 400 072.
Tel.: +91-22-40430200; Fax: +91-22-28475207; Email: ipo@bigshareonline.com;
Website: www.bigshareonline.com

Date: July 14,2015
Place: Bhavnaaar, Gujarat

For JIYA ECO-PRODUCTS LIMITED
On behalf of the Board of Directors
Sd/-
Managing Director

THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE EQUITY SHARES ON LISTING OR THE BUSINESS PROSPECTS OF JIYA ECO-PRODUCTS LIMITED.
Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectus.

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