Basis of Allotment

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

DEEP POLYMERS LIMITED
(CIN: U25209GJ2005PLC046757)

Our Company was incorporated as "Deep Polymers Private Limited" on September 13, 2005 under the Companies Act, 1956 with the Registrar of Companies, Dadra and Nagar Haveli, Gujarat bearing Registration No. 046757. The status of our Company was changed to a public limited company and the name of our Company was further changed to "Deep Polymers Limited" by a special resolution passed on March 15, 2018. A fresh certificate of incorporation consequent to the change of name was granted to our Company on April 06, 2018, by the Registrar of Companies, Ahmedabad at Gujarat. The Corporate Identity Number of our Company is U25209GJ2005PLC046757. For further details of the change in name of our Company, please refer to chapter titled "History and Certain Corporate Matters" beginning on page 117 of this Prospectus.
Registered Office: Block No. 727B/H Bhavi industries, Rakanpur (Santej), Tal Kalo, D Gandhinagar- 382 721, Gujarat, India.

Tel: + 91-2764-286032; Fax: N.A; E-mail: info@deeppolymer.in ;Website: www.deeppolymer.in ;
Corporate Identity Number: U25209GJ2005PLC046757;
Contact Person: Ms. Dhrupa Thakkar, Company Secretary and Compliance Officer
Promoter of our Company: Mr. Rameshbhai Bhimjibhai Patel

BASIS OF ALLOTMENT

PUBLIC OFFER OF 38,10,000 EQUITY SHARES OF RS. 10/- EACH ("EQUITY SHAPES") OF DEEP POLYMERS LIMITED ("DPL"OR THE "COMPANY")  FOR CASH AT A PRICE OF RS.40.00 PER SHARE (THE "OFFER PRICE"). AGGREGATING TO RS.1524.00 LAKH ("THE OFFER') CONSISTING OF FRESH ISUE OF 13,60,000 EQUITY SHARES AGGREGATING TO RS.544 00 LAKH AND AN OFFER FOR SALE OF 24,50,000 EQUITY SHARES BY THE SELLING SHAREHOLDER AGGREGATING TO RS 980.00 LAKH ("OFFER FOR SALE"). OF WHICH UPTO 1,92,000 EQUITY SHARES OF RS. 10/- EACH WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKERS TO THE OFFER (THE "MARKET MAKER RESERVATION PORTION"). THE OFFER LESS MARKET MAKER RESERVATION PORTION I.E. OFFER OF 36,18,000 EQUITY SHARES OF RS-10/- EACH IS HEREINAFTER REFERRED TO AS THE "NET OFFER'. THE OFFER AND THE NET OFFER WILL CONSTITUTE 32.09% AND 30.47%. RESPECTIVELY OFTHE POST OFFER PAID UP EQUITY SHARE CAPITAL OF THE COMPANY

In of prospectus dated July 23, 2018 and as per regulation 43(4) of SEBI (ICDR) Regulations, 2009 wherein (a) minimum 50% of the Net Offer to Public shall be initially made available to Retail individual investors as the case may be {b) the balance net offer of the shares to the public shall be made available for allotment to i) individual applicants other than retail investors; and ii) other investors including corporates bodies or institutions, irrespective of number of shares applied for.

Explanation: for Ihe purpose of regulation 43 (4) of SEBI (ICDR) Regulations, 2009, if the retail individual investor is entitle to more than fitly percent, on proportionate basis, the retail individual investors shall be allocated that higher percentage,

THE FACE VALUE OF THE EQUITY SHARES IS Rs. 10.00 EACH AND THE ISSUE PRICE IS Rs. 40.00 EACH
THE ISSUE PRICE IS 4.0 TIMES OF THE FACE VALUE.

ISSUE

OPENED ON: WEDNESDAY, AUGUST 08, 2018
CLOSED ON: MONDAY, AUGUST 13, 2018

PROPOSED LISTING: THURSDAY AUGUST 23,2018

LISTING: The Equity Shares of our Company offered through this Prospectus are proposed to be listed on the BSE SME Platform. Our Company has received an approval letter dated July 12, 2018 form BSE for using its name in this offer documents for listing our shares on the SME Platform of BSE. For the purpose of this issue, the designated Stock Exchange will be the BSES Limited ("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 367 applications for 5031900 Equity Shares resulting in 1.32 times subscription (including reserved portion of market maker). The details of the applications received in the issue (before technical rejections) are as follows:
Detail of the Applications Received (Before Technical Rejection):

Category Number of
Applications
% to
Total
Number of
Equity Shares
% to
Total
Subscription
(Times)
Market Makers 1 0.27 192000 3.82 1.00
Retail Individual Investors 292 79.56 876000 17.41 0.48
Other than Retail Individual Investors 74 20.16 3963000 78.77 2.19
Total 367 100 5031000 100 1.32

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

Category No. of
Applications
No. of
Equity Shares
Market Makers - -
Retail Individual investors 13 39.000
Other than Retail individual Investors 5 7,29,000
Total 18 768000

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

Category Number Of
Applications
% to
Total
issue Size
(as per
Prospectus)
Proportionate
Issue Size
(After rounding
off)
No. of Valid
Shares applied
% of
Total
Applied
Subscription
(Times)
Revised *
Subscription
(Times)
Market Maker 1 0.29 192000 192000 192000 4.50 1.00 1.00
Other than Retail individual Investor's 2.79 79 94 1809000 1809000 837000 19.63 0.46 0.46
Retail Individual Investor's 69 19.77 1809000 1809000 3234000 75.86 1.79 1.79
Total 349 100.00 3810000 3810000 4263000 100.00 1.12 1.12

ALLOCATION: The Basis of Allotment was finalized in consultation with the Designated stock Exchange -BSE Limited ("SME Platform of BSE) on August17,2018.

A. Allocation to Market Maker (After Technical Rejections & Withdrawal): The Basis of Allotment to the Market Maker, at the issue price of Rs. 40.00 per Equity Share, was finalised in consultation with BSE. The category was subscribed by 1 time. The total number of shares allotted in this category is 192000 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
Equity
Shares
applied
in this
category
% to
total
Proportionate
Shares
Available
Allocation
per
Applicant
(Before
Rounding
Off)
Allocation
per
Applicant
(After
Rounding
Off)
Ratio of Allottees Applicant:
Ratio
1
Ratio of Allottees Applicant:
Ratio
2
Number of
Successful
applicants
(after
rounding
Off)
Total No. of Equity
Shares allocated/
allotted
No .of Shares Surplus/
Deficit
192000 1 100.00 192000 100.00 192000 192000 192000 1 1 1 192000 0

B. Allocation to Retail Individual Investors (After Technical Rejections & Withdrawal): The Basis of Allotment to the Retail Individual Investors, at the issue price of Rs. 40 per Equity Share, was finalized in consultation with BSE. The category was subscribed by 0.46 times i.e. for 837000 Equity Shares. Total number of Shares allotted in this category is 837000 Equity Shares to 279 successful applicants.
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
Equity
Shares
applied
in this
category
% to
total
Proportionate
Shares
Available
Allocation
per
Applicant
(Before
Rounding
Off)
Allocation
per
Applicant
(After
Rounding
Off)
Ratio of Allottees Applicant:
Ratio
1
Ratio of Allottees Applicant:
Ratio
2
Number of
Successful
applicants
(after
rounding
Off)
Total No. of Equity
Shares allocated/
allotted
No .of Shares Surplus/
Deficit
3000 279 100.00 837000 100.00 1809000 3000 3000 1 1 279 837000 -972000

C. Allocation to Other than Retail Individual Investors (After Technical Rejections & Withdrawal): The Basis of Allotment to Other than Retail Individual investors, at the issue price of Rs. 40.00 per Equity Share, was finalized in consultation with BSE. The category was subscribed by 1.16 times i.e. for 2781000 shares. The total number of shares allotted in this category is 2781000 Equity Shares to 69 successful applicants.
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
Equity
Shares
applied
in this
category
% to
total
Proportionate
Shares
Available
Allocation
per
Applicant
(Before
Rounding
Off)
Allocation
per
Applicant
(After
Rounding
Off)
Ratio of Allottees Applicant:
Ratio
1
Ratio of Allottees Applicant:
Ratio
2
Number of
Successful
applicants
(after
rounding
Off)
Total No. of Equity
Shares allocated/
allotted
No .of Shares Surplus/
Deficit
6000 6 8.70 36000 1.11 30957 30957 3000 1 1 6 16000 -12957
3000 2 3 12000 12000
12000 3 4.35 36000 1.11 30957 30957 9000 1 1 3 27000 -3957
3000 1 3 3000 3000
15000 37 53.62 555000 17.16 477259 477259 12000 1 1 37 444000 -33259
3000 11 37 33000 33000
18000 2 2.90 36000 1.11 30957 30957 15000 1 1 2 30000 -957
21000 1 1.45 21000 0.65 18058 18058 18000 1 1 1 18000 -58
24000 4 5.80 96000 2.97 82553 82553 21000 1 1 4 84000 1447
30000 2 2.90 60000 1.86 51596 51596 24000 1 1 2 48000 -3596
3000 1 2 3000 3000
36000 1 1.45 36000 1.11 30957 30957 30000 1 1 1 30000 -957
45000 2 2.90 90000 2.78 77393 77393 39000 1 1 2 78000 607
63000 6 8.70 378000 11.69 325052 325052 54000 1 1 6 324000 -1052
3000 1 6 3000 3000
87000 1 1.45 87000 2.69 74814 74814 75000 1 1 1 75000 186
123000 2 2.90 246000 7.61 211542 211542 105000 1 1 2 210000 -1542
3000 1 2 3000 3000
213000 1 1.45 213000 6.59 183164 183164 183000 1 1 1 183000 -164
1344000 1 1.45 1344000 41.56 1155741 1155741 1155000 1 1 1 1155000 -741
TOTAL 69 100.00 3234000 100.00 2781000 69 2781000 0

The Board of Directors of the Company at its meeting held on August 17,2018 has approved the Basis of Allocation of Equity Shares as approved by the Designated Stock Exchange viz BSE on August 17, 2018 and has authorized the corporate action for the transfer and allotment of the Equity Shares to various successful applicants.

The CAN-cum-Refund advices and allotment advice and/or notices will be forwarded to the address of the Applicants as registered with the depositories / as filled in the application form on or before August 23, 2018. Further, the instructions to Self Certified Syndicate Banks for unblocking the arnount will be processed on or before August 18, 2018. 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 Limited 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 meanings assigned to them in the Prespectus dated July 23, 2018 ("Prospectus").

INVESTORS PLEASE NOTE

The details of the allotment made would also be hosted on the website of the Registrar to the Offer, 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:

Gretex Corporate Services Private Limited
102,1st Floor, Atrium-2 Behind Courtyard Marriott Hotel, Andheri Kurla Road,
Hanuman Nagar.Andheri-East, Mumbai-400093
Tel: + 91 -9836822199/ 9836821999
Facsimile:+91-022-67086181
Website: www.gretexcorporate.com
Email: info@gretexgroup.com
Investor Grievance Email: info@gretexgroup.com
Contact person: Ms Amina Khan
SEBI Registration No: INM000012177

Date: August 20, 2018
Place: Mumbai
For Deep Polymers 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 DEEP POLYMERS LIMITED.

Note: All Capitalized terms used not defined herein shall have the respective meanings assigned to them in the prospectus.

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