Basis of Allotment
This is only an advertisement for information purposes and not a prospectus announcement

This is only an advertisement for information purposes and not a prospectus announcement. Not for distribution outside India.)

TANVI FOODS (INDIA) LIMITED
CIN: U15433TG2007PLC053406

Our Company was incorporated as Tanvi Foods Private Limited on March 30, 2007 under the Companies Act, 1956 with the Registrar of Companies, Hyderabad bearing Registration No. 053406. The name of the Company was changed to Tanvi Foods (India) Private Limited vide special resolution dated June 10, 2009 and name change Certificate was issued on June 25,2009 by the Registrar of Companies, Hyderabad. The status of our Company was changed to a public limited company and the name of our Company was changed to Tanvi Foods (India) Limited by a special resolution passed on September 15,2016. A fresh Certificate of Incorporation consequent upon conversion was issued on September 22,2016 by the Registrar of Companies, Hyderabad. The Company's Corporate Identity Number is 1115433TG2007PLC053406.
Registered Office: No.7-2-4/D, Old Canteen Building, Sanathnagar Industrial Estate, Opp: SBH Sanathnagar, Hyderabad, Telangana - 500 018. | Tel.: +91-40-2381 7299
Email: investors@tanvifoods.com | Website: www.tanvifoods.com | Contact Person: Mrs. Shilpa Kotagiri, Company Secretary and Compliance Officer

PROMOTER OF THE COMPANY - MR. SRI NAGAVEER ADUSUMILLI

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 11,00,000 EQUITY SHARES OF RS 10 EACH ("EQUITY SHARES") OF TANVI FOODS (INDIA) LIMITED ("TFL" OR THE "COMPANY") FOR CASH AT A PRICE OF RS 60 PER SHARE (THE "ISSUE PRICE"), AGGREGATING TO RS 660.00 LAKHS ("THE ISSUE") CONSISTING OF FRESH ISSUE OF 6,72,000 EQUITY SHARES AGGREGATING TO RS 403.20 LAKHS AND AN OFFER FOR SALE OF 4,28,000 EQUITY SHARES BY THE SELLING SHAREHOLDERS AGGREGATING TO RS 256.80 LAKHS ("OFFER FOR SALE"), OF WHICH 56,000 EQUITY SHARES OF RS 10 EACH WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER TO THE ISSUE (THE "MARKET MAKER RESERVATION PORTION"). THE ISSUE LESS MARKET MAKER RESERVATION PORTION I.E. ISSUE OF UPT0 10,44,000 EQUITY SHARES OF RS 10 EACH IS HEREINAFTER REFERRED TO AS THE "NET ISSUE". THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 26.72% AND 25.36%, RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF THE COMPANY.

THE FACE VALUE OF THE EQUITY SHARES IS RS 10 EACH AND
THE ISSUE PRICE IS 6.00 TIMES OF THE FACE VALUE.
ISSUE OPENED ON FEBRUARY 17, 2017 AND CLOSED ON FEBRUARY 22, 2017.

The Equity Shares issued through the Prospectus are proposed to be listed on the SME Platform of BSE. Our Company has received an approval letter dated November 07,2016 from BSE for using its name in the Issue Document and for listing of our shares on the SME Platform of BSE. For the purpose of this Issue, the designated Stock Exchange will be the BSE Limited ("BSE"). BSE shall be the Designated Stock Exchange for the purpose of this Issue. The trading is proposed to be commenced on March 02,2017

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

The Issue is being made through the Fixed Price process, the allocation in the Net Issue to the Public category shall be made as per Regulation 43(4) of the SEBI (ICDR) Regulations, 2009, as amended from time to time, wherein a minimum of 50% of the Net Issue of shares to the Public shall initially be made available for allotment to Retail Individual Investors. The balance of Net Issue 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. Under subscription, if any, in any of the categories, would be allowed to be met with spill-over from any of the other categories or a combination of categories at the discretion of our Company in consultation with the Lead Manager and the Designation Stock Exchange. Such inter-se spill over, if any, would be affected in accordance with applicable laws, rules, regulations and guidelines. All Investors shall participate in the Issue only 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 Net Issue has received 403 applications for 16,96,000 Equity Shares resulting in 1.62 times subscription. The details of the applications received in the Net Issue (before and after technical rejections & withdrawal) are as follows: Detail of the Applications Received:

Category Before Technical Rejections & Withdrawals After Technical Rejections & Withdrawals
Number of Application(s) Number of Equity Shares Number of Application(s) Number of Equity Shares
Retail Individual Applicant 361 7,22,000 356 7,12,000
Non - Retail Applicant 42 9,74,000 41 9,18,000
Total 403 16,96,000 397 16,30,000

Note: The Issue also includes 56,000 Equity Shares reserved for Market Maker, which was subscribed by 1.00 times and there were no Technical Rejection & any withdrawal.

In the event of oversubscription, the allotment will be made on a proportionate basis in marketable lots. There was over subscription of 1,90,000 Equity Shares in Retail Category & over subscription 3,96,000 Equity Shares in Non - Retail Category. The Basis of Allotment was finalised in consultation with the Designated Stock Exchange - BSE Ltd on February 27,2017.

A) Allocation to Marker Maker (After Technical Rejections & Withdrawals): The Basis of Allotment to the Market Maker, at the Issue Price of Rs 60 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 56,000 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		 % to
Total		 Allocation per
Applicant		 Ratio of Allottees
to the Applicant		 Total No. of
Shares Allotted
56,000 1 100.00 56,000 100.00 56,000 1:1 56,000
Total 1 100.00 56,000 100.00 56,000

B) Allocation to Retail Individual Investors (After Technical Rejections & Withdrawals): The Basis of Allotment to the Retail Individual Investors, at the Issue Price of Rs 60 per Equity Share, was finalised in consultation with BSE. Pursuant to Regulation 43(4) of the SEBI (ICDR) Regulations, 2009, the total number of shares allocated in this category is 5,22,000 Equity Shares. The category was subscribed by 1.36 times. 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		 % to
Total		 Allocation per
Applicant		 Ratio of Allottees
to the Applicant		 Total No. of
Shares Allotted
2,000 356 100.00 7,12,000 100.00 2,000 261:356 5,22,000
Total 356 100.00 7,12,000 100.00 5,22,000

C) Allocation to Non - Retails Category (After Technical Rejections & Withdrawals): The Basis of Allotment to the Non - Retail Investors, at the Issue Price of Rs 60 per Equity Share, was finalised in consultation with BSE. Pursuant to Regulation 43(4) of the SEBI (ICDR) Regulations, 2009, the total number of shares allocated in this category is 5,22,000 Equity Shares. The category was subscribed by 1.76 times. 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		 % to
Total		 Allocation per
Applicant		 Ratio of Allottees
to the Applicant		 Total No. of
Shares Allotted
4,000 16 39.02 64,000 6.97 2,000 1:1 32,000
4,000 (Lottery System - Serial No. of Qualifying Applicant is 9 & 14) 2,000 2:16 4,000
6,000 2 4.88 12,000 1.31 4,000 1:1 8,000
8,000 7 17.07 56,000 6.10 4,000 1:1 28,000
8,000 (Lottery System - Serial No. of Qualifying Applicant is 3 & 5) 2,000 2:7 4,000
10,000 1 2.44 10,000 1.09 6,000 1:1 6,000
12,000 1 2.44 12,000 1.31 6,000 1:1 6,000
24,000 1 2.44 24,000 2.61 14,000 1:1 14,000
26,000 2 4.88 52,000 5.66 14,000 1:1 28,000
26,000 (Lottery System - Serial No. of Qualifying Applicant is 1) 2,000 1:2 2,000
32,000 2 4.88 64,000 6.97 18,000 1:1 36,000
34,000 1 2.44 34,000 3.70 20,000 1:1 20,000
42,000 1 2.44 42,000 4.58 24,000 1:1 24,000
60,000 1 2.44 60,000 6.54 34,000 1:1 34,000
68,000 1 2.44 68,000 7.41 38,000 1:1 38,000
70,000 1 2.44 70,000 7.63 40,000 1:1 40,000
82,000 1 2.44 82,000 8.93 46,000 1:1 46,000
84,000 2 4.88 1,68,000 18.30 48,000 1:1 96,000
1,00,000 1 2.44 1,00,000 10.89 56,000 1:1 56,000
Total 41 100.00 9,18,000 100.00 5,22,000

The Board of Directors of the Company at its meeting held on February 28, 2017 has taken on record the Basis of Allotment of Equity Shares, as approved by the Designated Stock Exchange viz. BSE and has authorized the corporate action for the allotment of the Equity Shares to various successful applicants. The CAN and allotment advice and/ or notices have been dispatched to the address of the investors as registered with the depositories. Further, the instructions to Self Certified Syndicate Banks have been processed on or before March 01, 2017 for unblocking of funds. The Equity Shares allotted to successful applicants are being credited to their beneficiary accounts subject to validation of the account details with the depositories concerned. In case the same is not received within prescribed time, investors may contact the Registrar to the Issue at the address given below. The Company is taking steps to get the Equity Shares admitted for trading on the SME Platform of BSE Limited within 6 working days from the Closure of the Issue. The trading is proposed to be commenced on March 02,2017 subject to receipt of listing and trading approvals from BSE.

Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectus dated February 08,2017 ("Prospectus").

INVESTORS PLEASE NOTE

The details of the allotment made has been hosted on the website of the Registrar to the Issue, Bigshare Services Private Limited at Website: www.bigshareonline.com All future correspondence in this regard may kindly be addressed to the Registrarto 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:

BIGSHARE SERVICES PRIVATE LIMITED
E-2/3, Ansa Industrial Estate, Sakivihar Road, Sakinaka, Andheri (E), Mumbai - 400 072. | Tel: +91 - 22 - 4043 0200
Fax: +91 - 22 - 2847 5207 | Email: ipo@bigshareonline.com | Website: www.bigshareonline.com
Contact Person: Mr. Ashok Shetty | SEBI Registration No.: INR000001385

Place: Hyderabad
Date: March 01,2017		 For Tanvi Foods (India) Limited
On Behalf of the Board of Directors
Sd/-
Managing Director

LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE EQUITY SHARE ON LISTING OR THE BUSINESS PROSPECTS OF TANVI FOODS (INDIA) LIMITED.

TANVI FOODS (INDIA) LIMITED is proposing, subject to applicable statutory and regulatory requirements, receipt of requisite approvals, market conditions and other considerations, to make a Public Issue of its Equity Shares and has filed the Prospectus with Registrar of Companies, Hyderabad. The Prospectus shall be available on the websites of the Company, the BSE and the LM at www.tanvifoods.com, www.bseindia.com and www.afsl.co.in respectively. Applicants should note that investment in equity shares involves a high degree of risk and for details relating to the same, see the Prospectus, including, the section titled "Risk Factors" beginning on page 10 of the Prospectus. The Equity Shares have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act"), and may not be offered or sold within the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. Accordingly, the Equity Shares are being offered and sold (i) within the United States to persons reasonably believed to be qualified institutional investors (as defined in Rule 144A under the U.S. Securities Act) pursuant to Rule 144A under the U.S. Securities Act and (ii) outside the United States in offshore transactions in reliance on Regulation S under the U.S. Securities Act and applicable laws of the jurisdictions where such offers and sales occur.
Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectus.
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