Basis of Allotment

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(THIS IS ONLY AN ADVERTISEMENT FOR INFORMATION PURPOSES AND NOT A PROSPECTUS ANNOUNCEMENT. NOT FOR DISTRIBUTION OUTSIDE INDIA.)

SAKETH EXIM LIMITED
CIN: U29253MH2010PLC204331

Our Company was incorporated as Saketh Exim Private Limited on June 16,2010 under the Companies Act, 1956 with the Registrar of Companies, Mumbai bearing Registration No. 204331. Subsequently, the status of our Company was changed to a public limited company and the name of our Company was changed to Saketh Exim Umited vide Special Resolution dated December 07, 2017. A fresh certificate of incorporation consequent upon conversion was granted to our Company on December 19, 2017, by the Registrar of Companies, Mumbai.

Registered Office: Plot No-PAP D-146/147, TTC MIDC, Turbhe, Navi Mumbai - 400 705
Contact Person: Ms. Neelam Pathak, Company Secretary and Compliance Officer.
Tel No.: +91 22 2762 0641/42/43; Fax No.: +91 22 2762 0623; Email: info@sakethexim.com; Website: www.sakethexim.com
Promoters of the Company: Mr. Sanjay J Patel, Mrs. Smita S Patel, Mrs. Taruna P Patel and

Mrs. Fatema S Kachwala

BASIS OF ALLOTMENT

PUBULIC ISSUE OF 13,68,000 EQUITY SHARES OF RS 10 EACH ("EQUITY SHARES") OF SAKETH EXIM LIMITED ("SEL" OR THE "COMPANY") FOR CASH AT A PRICE OF RS 69.00 PER SHARE (THE "ISSUE PRICE"), AGGREGATING TO RS 943.92 LAKHS ("THE ISSUE") CONSISTING OF FRESH ISSUE OF 11,23,000 EQUITY SHARES AGGREGATING TO RS 774.87 LAKHS AND AN OFFER FOR SALE OF 2,45,000 EQUITY SHARES BY THE PROMOTER GROUP SELLING SHAREHOLDER AGGREGATING TO RS 169.05 LAKHS ("OFFER FOR SALE"), OF WHICH 72,000 EQUITY SHARES OF  RS 10 EACH WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKERS TO THE ISSUE (THE "MARKET MAKER RESERVATION PORTION"). THE ISSUE LESS MARKET MAKER RESERVATION PORTION I.E. ISSUE OF 12,96,000 EQUITY SHARES OF RS 10 EACH IS HEREINAFTER REFERRED TO AS THE "NET ISSUE". THE ISSUE AND THE NET ISSDE WILL CONSTITUTE 27.23% AND 25.80%, RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF THE COMPANY.

THE FACE VALUE OF THE EQUITY SHARE IS RS 10 AND
THE ISSUE PRICE IS 6.90 TIMES OF THE FACE VALUE.
ISSUE OPENED ON: AUGUST 01,2018 & ISSUE CLOSED ON: AUGUST 03, 2818

The Equity Shares of the Company are proposed to be listed on the EMERGE Platform of National Stock Exchange of India Limited ("NSE"). Our Company has received an in-principle approval from NSE for the listing of the Equity Shares pursuant to letter dated May 18, 2018. National Stock Exchange of India limited ("NSE") shall be the Designated Stock Exchange for the purpose of this Issue. The trading is proposed to be commenced on August 13, 2018 [Subject to receipt of listing and trading approvals from the National Stock Exchange of India 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. If the Retail Individual Investor category is entitled to more than 50% on proportionate basis, they shall be allotted that higher percentage. 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 292 applications for 15,98,000 Equity Shares resulting in 1.21 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
No. of Applications No. of Equity Shares No. of Applications No. of  Equity Shares
Retail Individual Applicant 271 5,42,000 266 5,32,000
Non- Retail Applicant 21 10,56,000 21 10,56,000
Total 292 15,98,000 287 15,88,000

Note: The Issue also includes 72,000 Equity Shares reserved for Market Maker, which was subscribed by 1.00 time 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 2,92,000 Equity Shares in Non - Retail Category & under subscription 1,16,000 Equity Shares in Retail Category. The Basis of Allotment was finalised in consultation with the Designated Stock Exchange - National Stock Exchange of India mited on August 08, 2018.

A) Allocation to Market Maker (After Technical Rejections & Withdrawals): The Basis of Allotment to the Market Maker, at the Issue Price of  Rs 69 per Equity Share, was finalised in consultation with NSE. The category was subscribed by 1.00 times. The total number of shares allotted in this category is 72,000 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
Alloted
72,000 1 100.00 72,000 100.00 72,000 1:1 72,000
Total 1 100.00 72,000 100.00 72,000

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 69 per Equity Share, was finalised in consultation with NSE. Pursuant to Regulation 43(4) of the SEBI (ICDR] Regulations, 2009, the total number of shares allocated in this category is 5,32,000 Equity Shares. The category was subscribed by 0.82 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
2,000 266 100.00 5,32,000 100.00 2,000 1:1 5,32,000
Total 266 100.00 5,32,000 100.00 5,32,000

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 69 per Equity Share, was finalised in consultation with NSE. Pursuant to Regulation 43(4) of the SEBI (ICDR) Regulations, 2009, the total number of shares allocated in this category is 7,64,000 Equity Shares (including un-subscribed portion of 1,16,000 Equity Shares of Retail Individual Investors category). The category was subscribed by 1.38 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 3 14.29 12,000 1.14 2,000 1:1 6,000
4,000 (Lottery System - Serial No. of Qualifying Applicant is 2) 2,000 1:3 2,000
6,000 1 4.76 6,000 0.57 4,000 1:1 4,000
8,000 3 14.29 24,000 2.27 6,000 1:1 18,000
14,000 1 4.76 14,000 1.33 10,000 1:1 10,000
16,000 1 4.76 16,000 1.52 12,000 1:1 12,000
20,000 2 9.52 40,000 3.79 14,000 1:1 28,000
36,000 3 14.29 1,08,000 10.23 26,000 1:1 78,000
38,000 1 4.76 38,000 3.60 28,000 1:1 28,000
40,000 1 4.76 40,000 3.79 28,000 1:1 28,000
74,000 1 4.76 74,000 7.01 54,000 1:1 54,000
1,10,000 1 4.76 1,10,000 10.42 80,000 1:1 80,000
1,38,000 1 4.76 1,38,000 13.07 1,00,000 1:1 1,00,000
2,18,000 2 9.52 4,36,000 41.29 1,58,000 1:1 3,16,000
Total 21 100.00 10,56,888 100.00 7,64,000

The Board of Directors of the Company at its meeting held on August 09,2018, has taken on record the Basis of Allotment of Equity Shares, as approved by the Designated Stock Exchange viz. NSE 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 August 10,2018 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 EMERGE Platform of National Stock Exchange of India Limited within 6 working days from the Closure of the Issue. The trading is proposed to be commenced on August 13,2018, subject to receipt of listing and trading approvals from National Stock Exchango of India Limited.
Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectus dated July 23.2018 ("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 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:

BIGSHARE SERVICES PRIVATE LIMITED
1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis
Makwana Road, Marol, Andheri (East), Mumbai - 400 059
Tel: +91 22 6263 8200 ; Fax: +91 22 6263 8299
Email: ipo@bigshareonline.com; Website: www.bigshareonline.com
Contact Person: Mr. Jibu John ; SEBI Registration No.: INR000001385

Place: Navi Mumbai
Date: August 09, 2018

For Saketh Exim 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 SAKETH EXIM LIMITED.

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