Basis of Allotment

wpe4C.jpg (1606 bytes) (THIS IS ONLY AN ADVERTISEMENT FOR INFORMATION PURPOSES AND NOT A PROSPECTUS ANNOUNCEMENT)
AA PLUS TRADELINK LIMITED
Corporate Identification Number: U74900MH2016PLC274726

Our Company was originally incorporated as a public limited company under the Companies Act, 2013 pursuant to a certificate of incorporation issued by the Registrar of Companies, Maharashtra, Mumbai dated March 21, 2016 with the name 'AA Plus Tradelink Limited'. For further details of our Company, see "General Information" and "History and Certain Other Corporate Matters" on pages 33 and 73, respectively of the Prospectus.

Registered office: B-702, Divine Jalpa, Gomati Bhuvan, Near Jain Temple, JambliGali. Borivali (West), Mumbai - 400092, Maharashtra, India
Tel: +91 22 2898 0308 Website: www.aaplustradelink.com E-mail: contact@aaplustradelink.com
Contact Person: CS Mansi K. Shah, Company Secretary and Compliance Officer
PROMOTER OF THE COMPANY: ASHOK A. SHAH AND RAJKUMAR M. SINGH
BASIS OF ALLOTMENT

PUBLIC ISSUE OF 36,00,000 EQUITY SHARES OF FACE VALUE OF Rs. 10.00 EACH OF AA PLUS TRADELINK LIMITED ("OUR COMPANY" OR "THE ISSUER") FOR CASH AT A PRICE OF Rs. 18.00 PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF Rs. 8.00 PER EQUITY SHARE) ("ISSUE PRICE") AGGREGATING TO Rs. 648.00 LAKHS ("THE ISSUE") OF THE ISSUE, 1,92,000 EQUITY SHARES AGGREGATING TO Rs. 34.56 LAKHS WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER ("MARKET MAKER RESERVATION PORTION"). THE ISSUE LESS THE MARKET MAKER RESERVATION PORTION I.E. ISSUE OF 34,08,000 EQUITY SHARES OF FACE VALUE OF Rs.10.00 EACH AT AN ISSUE PRICE OF Rs. 18.00 PER EQUITY SHARE AGGREGATING TO Rs. 613.44 LAKHS IS HEREINAFTER REFERRED TO AS THE "NET ISSUE". THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 44.09% AND 41.74%, RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY. FOR FURTHER DETAILS, SEE "TERMS OF THE ISSUE" ON PAGE 136 OF THE PROSPECTUS.

As per Regulation 253(2) of the SEBI (ICDR) Regulations, as amended, as present issue is a fixed price offer the allocation in the net offer to the public category shall made as follows:

a) Minimum fifty percent to retail individual investors; and

b) Remaining to:

i. Other investors including corporate bodies or institutions, irrespective of the number of specified securities applied for:

Provided that the unsubscribed portion in either of the categories specified in (a) or (b) above may be allocated to the applicants in the other category.

II the retail individual investor category is entitled to more than fifty per cent on proportionate basis, accordingly the retail individual investors shall be allocated that higher percentage.

THE FACE VALUE OF THE EQUITY SHARES IS Rs. 10 EACH AND THE ISSUE PRICE OF Rs. 18 IS 1.80 TIMES OF THE FACE VALUE
ISSUE OPENED ON JULY 8, 2021 AND CLOSED ON JULY 13, 2021.
PROPOSED LISTING: THURSDAY, JULY 22, 2021*

The Equity Shares offered through the Prospectus are proposed to be listed on the SME Platform of BSE Limited ("BSE") in terms of the Chapter IX of the SEBI (ICDR) Regulations, as amended from time to time. Our Company has received an approval letter dated January 1, 2021 from BSE Limited ("BSE") for using its name in the Offer Document for listing of our shares on the SME Platform of BSE. For the purpose of this Issue, BSE shall be the Designated Stock Exchange. The trading is proposed to be commenced on or about THURSDAY, JULY 22, 2021*.

*Subject to the receipt of listing and trading approval from the BSE SME Platform.

All Applicants were allowed to participate 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"). Further, for Retail Individual Investors (individual Investors biding for amount upto Rs. 2 Lacs) use of UPI Id in Application Form was allowed while applying for equity IPOs through Designated Intermediaries (Syndicate members, Registered Stock Brokers, Registrar and Transfer agent and Depository Participants). All Other Category of Investors shall mandatorily use only Application Supported by Blocked Amount (ASBA) facility for making payments.

SUBSCRIPTION DETAILS

The Issue has received 738 applications (after removing applications not banked) for 63.36.000 Equity Shares resulting in 1 76 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 % No. of Equity Shares % Subscription
Market Maker 1 014% 1,92,000 303% 1.00
Retail Individual Investor's 716 97.02% 57,28,000 9040% 3.36
Other Investors 21 2.85% 4,16,000 6.57% 0.24
Total 738 100.00% 63,36,000 100.00% 1.76

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

Technical rejection / Withdrawal

Category No. of Applications No. of Equity Shares
Market Maker Nil Nil
Retail Individual Applicants 36 2,88,000
Other Applicants 2 32,000
Total 38 3,20,000

After eliminating Technically Rejected applications, the following table gives the details of Category wise net valid applications:

Category Number of Applications % No. of Equity Shares (Valid) % Subscription Proportionate No. of Equity Shares (Allocated) after Rounding Off*
Market Maker 1 0.14% 1,92,000 3.19% 1.00 1,92,000
Retail Individual Applicants 680 97.14% 54,40,000 90.43% 1.71 31,84,000
Other Applicants 19 2.71% 3,84,000 6.38% 1.71 2,24,000
Total 700 100.00% 60,16,000 100.00% 1.67 36,00,000

*In view of the explanation provided under regulations 253 (2) of the SEBI (ICDR) Regulation. 2018. the Retail Individual Applicants have applied for 93.41% and Other Applicants applied for 6.59% of the Net Issue respectively; accordingly, the allocation has been derived different categories. Further, owing to rounding off, an additional shares has been proportioned to be allotted in retail investors.

Allocation: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - BSE on July 16, 2021,

A. Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the issue price of Rs. 18/- 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 1,92,000 Equity Shares.

B Allocation to Retail Individual Applicants (After Technical Rejections): The Basis of Allotment to the Retail Individual Applicants, at the issue price of Rs. 18/- per Equity Share, was finalized in consultation with BSE. The category was subscribed 1.71 times. The total number of shares allotted in this category is 31,84,000 Equity Shares to 398 successful applicants.

C. Allocation to Other Applicants (After Technical Rejections): The Basis of Allotment to the Other Applicants, at the issue price of 118/- per Equity Share, was finalized in consultation with BSE. The category was subscribed 1.71 times. The total number of shares allotted in this category is 2,24,000 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 Proportionate Shares Available Allocation Per Applicant Before Rounding Oft to Market Lot Allocation Per Applicant After Rounding Off Ratio of Allottee's To Applicant Total No. of Shares Allotted Surplus/ Deficit
16.000 16 84.21 2,56,000 66.67 1,49,333 9,333.33 8,000 1:1 1,28,000 -21,333
8,000 2:16 16,000 16,000
24.000 2 10.53 48,000 12.50 28,000 14,000.00 16,000 1:1 32,000 4,000
80,000 1 5.26 80,000 20.83 46,667 46,666.67 48,000 1:1 48000 1,333
Total 19 100.00 3,84,000 100.00 2,24,000 2,24,000 0

The Board of Directors of the Company at its meeting held on July 16, 2021 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz BSE and has authorized the corporate action for the transfer of the Equity Shares to various successful applicants The Refund/allotment intimation will be dispatched to the address of the Applicants as registered with the depositories on or about July 20, 2021. Further, the instructions to Self Certified Syndicate Banks for unblocking the amount will be processed on or prior to July 19, 2021. In case the same is not received within ten 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 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 meaning assigned to them in the Prospectus dated June 30, 2021 ("Prospectus").

INVESTORS PLEASE NOTE

The details of the allotment made would also be hosted on the website of the Registrar to the Issue PURVA SHAREGISTRY (INDIA) PRIVATE LIMITED at www.purvashare.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:

wpe4B.jpg (1427 bytes) PURVA SHAREGISTRY (INDIA) PRIVATE LIMITED
9, Shrv Shakti Industrial Estate, J. R. Boricha Marg, Opp Kasturba Hospital Lane,
Lower Parel (E), Mumbai - 400011, Maharashtra
Tel No.: +91 22 2301 2518/8261
Email: support@purvashare.com
Investor Grievance Email: support@purvashare.com
Website: www.purvashare.com
SEBI Registration No: INR000001112
Contact Person: Deepali Dhuri, Compliance Officer
For AA PLUS TRADELINK LIMITED
On behalf of the Board of Directors
Place: Mumbai Sd/-
Date: July 19, 2021 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 AA PLUS TRADELINK LIMITED.

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