Basis of Allotment

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(This is only an advertisement for information purpose and not a Prospectus announcement.)

FIVE CORE ELECTRONICS LIMITED

Corporate Identification Number: U32109DL2002PLC148250

The Company was incorporated as Five Core Electronics Limited under the provisions of the Companies Act, 1956 vide certificate of incorporation dated April 11,2002 in West Bengal, Kolkata. Subsequently, our company shifted from the State of West Bengal to State of NCT of Delhi by an order of the Company Law Board dated April 26, 2006 and certificate of registration for the said order issued by Deputy Registrar of Companies, West Bengal, Kolkata dated May 29, 2006. The Corporate Identification Number of Our Company is U32109DL2002PLC148250. For further details please refer to chapter titled 'Our History and Certain Other Corporate Matters' beginning on page 162 of the Prospectus.

Registered Office: WZ-15B, Ground Floor, Uggarsain Market, Ashok Nagar, New Delhi -110018.
Tel No: +91-11-28128000 (100 lines) | Fax No: +91-11-28128011 | E-mail: investcare@5core.in | Website: www.5core.com
Contact Person: Mr. Saurabh Kumar Jain, Company Secretary & Compliance Officer

PROMOTERS OF THE COMPANY: MR. AMARJIT SINGH KALRA AND MS. SURINDER KAUR KALRA

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 33,33,000 EQUITY SHARES OF FACE VALUE OF RS 10 EACH FULLY PAID UP OF FIVE CORE ELECTRONICS LIMITED ("FIVE CORE" OR "5C0RE" OR THE "COMPANY" OR THE "ISSUER") FOR CASH AT A PRICE OF RS 140 PER EQUITY SHARE (THE "ISSUE PRICE") (INCLUDING A SHARE PREMIUM OF RS 130 PER EQUITY SHARE AGGREGATING RS 4666.20 LAKHS (THE "ISSUE") BY OUR COMPANY, OF WHICH 1,69,000 EQUITY SHARES OF RS 10 FULLY PAID UP EACH WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER TO THE ISSUE ("MARKET MAKER RESERVATION PORTION"). THE ISSUE LESS THE MARKET MAKER RESERVATION PORTION I.E. ISSUE OF 31,64,000 EQUITY SHARES OF RS 10 EACH FULLY PAID UP IS HEREINAFTER REFERRED TO AS THE "NET ISSUE". THE ISSUE WILL CONSTITUTE 26.41% OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF THE COMPANY.

THIS ISSUE IS BEING IN TERMS OF CHAPTER XB OF THE SEBI (ICDR) REGULATIONS, 2009 (AS AMENDED FROM TIME TO TIME). FOR FURTHER DETAILS PLEASE REFER TO "SECTION VII - ISSUE INFORMATION" BEGINNING ON PAGE 342 OF THE PROSPECTUS.

THE FACE VALUE OF THE EQUITY SHARES IS RS 10 EACH.
THE ISSUE PRICE IS RS 140. THE ISSUE PRICE IS 14.00 TIMES THE FACE VALUE.

ISSUE OPENED ON : MAY 09, 2018
ISSUE CLOSED ON : MAY 11, 2018

PROPOSED LISTING : MONDAY, MAY 21, 2018

The Equity Shares offered through the Prospectus are proposed to be listed on the NSE Emerge Platform ("NSE"). The Company has received an in-principle approval letter dated April 30,2018 from NSE for using its name in the offer document for listing of its shares on NSE Emerge Platform.
For the purpose of this Issue, the Designated Stock Exchange will be the National Stock Exchange of India Limited. The trading is proposed to be commenced with effect from Monday, May 21,2018*

*Subject to receipt of listing and trading approvals from the National Stock Exchange of India Limited.
All Applicants participated 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 1109 applications for 4807000 Equity Shares resulting in 1.44 times subscription (including reserved portion of Market Maker). The details of the applications received and banked in the Issue (before technical rejections) are as follows:
Details of the Applications Received and Banked (Before Technical Rejection):

Category No. of Applicants % No. of Equity Shares % Subscription (Times)
Market Maker 1 0.09 169000 3.52 1.00
Retail Individual Investors 1049 94.59 1049000 21.82 0.66
Other than Retail Individual Investors 59 5.32 3589000 74.66 1.69
TOTAL 1109 100.00 4807000 100.00 1.44

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

Category No. of Applications No. of Equity Shares
Market Maker Nil Nil
Retail Individual Investors 12 12000
Other than Retail Individual Investors Nil Nil
TOTAL 12 12000

After eliminating technically rejected applications, the following tables give us Category wise net valid applications:

Category No. of Applications % Issue Size (as per Prospectus) ProportionateIssue Size
(After rounding off)
No. of Valid Shares applied Subscription (Times)
Market Maker 1 0.09 169000 169000 169000 1.00
Retail Individual Investors 1037 94.53 1582000 1037000 1037000 0.66
Other than Retail Individual Investors 59 5.38 1582000 2127000 3589000 1.69
TOTAL 1097 100.00 3333000 3333000 4795000 1.44

Allocation: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - National Stock Exchange of India Limited on May 16,2018.

A. Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the issue price of Rs 140 per Equity Share, was finalized in consultation with NSE. The category was subscribed by 1.00 times. The total number of shares allotted in this category is 1,69,000 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 140 per Equity Share, was finalized in consultation with NSE. The category was subscribed by 0.66 times. The total number of shares allotted in this category is 1037000 Equity Shares to 1037 successful applicants.

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

No. of
Shares
Applied
for
(Category
wise)
No. of
Appli
cations
received
% to Total Total No.
of Equity Shares
applied
in each
Category
% to Total Proporti
nate
Shares
Available
Allocation
per
Applicant
(Before Rounding Off)
Allocation per
Applicant
(After
Rounding Off)
Ratio of Allottees to Applicants: Ratio 1 Ratio of Allottees to Applicants: Ratio 2 Number of
Successful
applicant
(after
rounding off)
Total No.
of Shares
allocated/
allotted
No. of Shares Surplus/ Deficit
1000 1037 100.00 1037000 100.00 1582000 1000.00 1000 1 1 1037 1037000 (545000)
TOTAL 1037 100.00 1037000 100.00 1582000 1037 1037000 (545000)

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 140 per Equity Share, was finalized in consultation with NSE. The category was subscribed 1.69 times. The total number of shares allotted in this category is 2127000 Equity Shares to 59 successful applicants.

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

No. of
Shares
Applied
for
(Category
wise)
No. of
Appli
cations
received
% to Total Total No.
of Equity Shares
applied
in each
Category
% to Total Proporti
nate
Shares
Available
Allocation
per
Applicant
(Before Rounding Off)
Allocation per
Applicant
(After
Rounding Off)
Ratio of Allottees to Applicants: Ratio 1 Ratio of Allottees to Applicants: Ratio 2 Number of
Successful
applicant
(after
rounding off)
Total No.
of Shares
allocated/
allotted
No. of Shares Surplus/ Deficit
2000 13 22.03 26000 0.72 15409 1185.31 1000 1 1 13 13000 (2409)
1000 2 13 2000 2000
3000 5 8.47 15000 0.42 8890 1778.00 1000 1 1 5 5000 (3890)
1000 4 5 4000 4000
4000 9 15.25 36000 1.00 21335 2370.56 2000 1 1 9 18000 (3335)
1000 1 3 3000 3000
5000 3 5.08 15000 0.42 8890 2963.33 3000 1 1 3 9000 110
7000 2 3.39 14000 0.39 8297 4148.50 4000 1 1 2 8000 (297)
8000 2 3.39 16000 0.45 9482 4741.00 5000 1 1 2 10000 518
10000 5 8.47 50000 1.39 29632 5926.40 6000 1 1 5 30000 368
20000 2 3.39 40000 1.11 23706 11853.00 12000 1 1 2 24000 294
31000 1 1.69 31000 0.86 18372 18372.00 18000 1 1 1 18000 (372)
35000 2 3.39 70000 1.95 41485 20742.50 21000 1 1 2 42000 515
36000 3 5.08 108000 3.01 64006 21335.33 21000 1 1 3 63000 (1006)
1000 1 3 1000 1000
70000 3 5.08 210000 5.85 124455 41485.00 41000 1 1 3 123000 (1455)
1000 1 3 1000 1000
80000 1 1.69 80000 2.23 47412 47412.00 47000 1 1 1 47000 (412)
91000 1 1.69 91000 2.54 53931 53931.00 54000 1 1 1 54000 69
108000 1 1.69 108000 3.01 64006 64006.00 64000 1 1 1 64000 (6)
132000 1 1.69 132000 3.68 78229 78229.00 78000 1 1 1 78000 (229)
214000 1 1.69 214000 5.96 126826 126826.00 127000 1 1 1 127000 174
215000 1 1.69 215000 5.99 127419 127419.00 127000 1 1 1 127000 (419)
285000 1 1.69 285000 7.94 168903 168903.00 169000 1 1 1 169000 97
762000 1 1.69 762000 21.23 451594 451594.00 452000 1 1 1 452000 406
1071000 1 1.69 1071000 29.84 634721 634721.00 635000 1 1 1 635000 279
TOTAL 59 100 3589000 100 2127000 59 2127000 0.00

The Board of Directors of the Company at its meeting held on May 16, 2018 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz. National Stock Exchange of India Limited and has authorized the corporate action for the transfer of the Equity Shares to various successful applicants. The CAN and allotment advice and/or notices will be dispatched to the address of the Applicants as registered with the depositories on or before May 19,2018. Further, the instructions to Self Certified Syndicate Banks for unblocking the amount are being processed on or prior to May 17, 2018. In case the same is not received within four working days, investors may contact Registrar 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 NSE Emerge Platform within six 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 May 01,2018 ("Prospectus").

INVESTORS PLEASE NOTE

The details of the allotment made would also be hosted on the website of the Registrar to the Issue, BIGSHARE SERVICES PRIVATE LIMITED at 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 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:

BIGSHARE SERVICES PRIVATE LIMITED
Bharat Tin Works Bldg, 1st Floor, Opp. Vasant Oasis Makwana Road,
Marol, (Andheri East), Mumbai - 4000059.
Tel: +91 22 62638200 | Fax: +91 22 62638299
E-mail: ipo@bigshareonline.com   Website: www.bigshareonline.com
Contact Person: Mr. Ashok Shetty | SEBI Registration No.: INR000001385

Place: Delhi

Date: May 17,2018

For FIVE CORE ELECTRONICS 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 SHARE ON LISTING OR THE BUSINESS PROSPECTS OF FIVE CORE ELECTRONICS LIMITED.

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