Basis of Allotment

THIS DOEST NOT CONSTITTE AN INVITATION OR OFFER TO ACQUIRE, PURCHASE OR SUBSCRIBE TO SECURITIES THIS PUBLIC ANNOUNCEMENT IS NOT INTENDED FOR RELEASE,  PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY OUTSIDE INDIA

wpeFB.jpg (1625 bytes) DMR HYDROENGINEERING & INFRASTRUCTURES LIMITED
CIN: U74900HR2009PLC039823

Our company was originally incorporated as Private Limited Company under the name "DMR Hydroengineering & Infrastructures Private Limited" under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated December 15, 2009 issued by Deputy Registrar of Companies, National Capital Territory of Delhi& Haryana. Subsequently, our Company was converted into a Public Limited Company pursuant to approval of the shareholders at an extraordinary general meeting held on January 10, 2019 and consequently, the name of our Company was changed to DMR Hydroengineering & Infrastructures Limited and a Fresh Certificate of Incorporation consequent upon conversion from Private Company to Public Company was issued by the Registrar of Companies, Delhi on January 22, 2019. The Corporate Identification Number of our Company is U74900HR2009PLC039823. For further details, please refer to chapter titled "History and Certain Corporate Matters" beginning on page 103 of the Prospectus.

Registered Office: H. No.- 473, sector-30, Faridabad 121 003, Haryana, India
Tel:-+91 1294360445
Email: investors@dmrengineering.net
Website:www.dmrengineering.net
Contact Person: Mayank, Company Secretary and Compliance Officer.
Promoters of Our Company: Subhash Chander Mittal and Neelam Mittal
BASIS OF ALLOTMENT

INITIAL PUBLIC OFFER OF 9,96,000 EQUITY SHARES OF FACE VALUE OF RS.10.00/- EACH ("EQUITY SHARES") OF DMR HYDROENGINEERING & INFRASTRUCTURES LIMITED ("DMR" OR THE "COMPANY" OR THE "ISSUER") FOR CASH AT A PRICE OF RS.21 /- PER EQUITY SHARE INCLUDING A SHARE PREMIUM OF 11/- PER EQUITY SHARE (THE "OFFER PRICE") AGGREGATING TO RS.209.16 LAKHS ("THE OFFER") COMPRISING OF A FRESH ISSUE OF 7,98,000 EQUITY SHARES AGGREGATING TO RS.167.58 LAKHS (THE "FRESH ISSUE") AND AN OFFER FOR SALE OF 1,98,000 EQUITY SHARES BY SUBHASH CHANDER MITTAL (THE SELLING SHAREHOLDER) ("OFFER FOR SALE") AGGREGATING TO RS.41.58 LAKHS. THIS OFFER INCLUDES A RESERVATION OF 54,000 EQUITY SHARES AT APRICE OF RS. 21/- PER EQUITY SHARE INCLUDING A SHARE PREMIUM OF 1/- PER EQUITY SHARE AGGREGATING TO RS.11.34 LAKHS WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER TO THE OFFER (THE "MARKET MAKER RESERVATION PORTION").

THE OFFER LESS THE MARKET MAKER RESERVATION PORTION I.E. NET OFFER OF 9,42,000 EQUITY SHARES OF FACE VALUE OF T10.00/- EACH AT A PRICE OF RS. 21/- PER EQUITY SHARE INCLUDING A SHARE PREMIUM OF RS.11/- PER EQUITY SHARE AGGREGATING TO RS. 197.82 LAKHS (THE "NET OFFER"). THE OFFER ANDTHE NET OFFER WILL CONSTITUTE 26.73% AND 25.28% RESPECTIVELY OF THE POST OFFER PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY.

Risk to Investors:
Investors are required to refer section titled "Risk Factors" on page 23 of the Prospectus.
THE FACE VALUE OF THE EQUITY SHARE IS RS.10
AND THE OFFER PRICE IS 2.1 TIMES OF THE FACE VALUE.
OFFER OPENED ON: NOVEMBER 24, 2021
AND OFFER CLOSED ON: NOVEMBER 29, 2021.

The Equity Shares of the Company are proposed to be listed on the SME Platform of BSE Limited, in terms of the Chapter IX of the SEBI (ICDR) Regulations, 2018 as amended from time to time. Our Company has received an In-Principle approval from BSE for the listing of the Equity Shares pursuant to letter dated November 09, 2021. BSE shall be the Designated Stock Exchange for the purpose of this Offer. The trading is proposed to be commenced on December 07, 2021 (Subject to receipt of listing and trading approvals from the BSE).

The Offer is being made through the Fixed Price process, the allocation in the Net Offer to the Public category shall be made pursuant to Regulation 253(2) of the SEBI (ICDR) Regulations, 2018, as amended from time to time, wherein a minimum of 50% of the Net Offer of shares to the Public shall initially be made available for allotment to Retail Individual Investors. The balance of Net Offer 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 Managers 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 potential investors shall participate in the Offer only through an Application Supported by Blocked Amount ("ASBA") process including through UPI mode (as applicable) by providing details of the irrespective bank accounts and / or UPI IDs, in case of RIIs, if applicable, which will be blocked by the Self Certified Syndicate Banks ("SCSBs") for the same.

SUBSCRIPTION DETAILS

The Net Offer has received 1010 applications before technical rejections for 92,40,000 Equity Shares resulting in 9.81 times subscription. The details of the applications received in the Net Offer (before and after technical rejections & withdrawal) are as follows:

Detail of the Applications Received:

Category Before Technical Rejections & Withdrawals Technical Rejections & Withdrawals After Technical Rejections & Withdrawals
No. of Applications No. of Equity Shares No. of Applications No. of Equity Shares No. of Applications No. of Equity Shares
Retail Individual Applicant 923 55,38,000 27 1,62,000 896 53,76,000
Other than Retail Individual Applicant 87 37,02,000 6 1,02,000 81 36,00,000
Total 1010 92,40,000 33 2,64,000 977 89,76,000

Note:

1. The Net Offer does not include 54,000 Equity Shares reserved for Market Maker, which was subscribed by 1.00 times.

2. There were 33 Technical Rejection for 2,64,000 Equity Shares &no withdrawal of any application in any category.

In the event of over subscription, the allotment will be made on a proportionate basis in marketable lots. In other than Retail Individual Category there was over subscription of 37,02,000 Equity Shares before technical rejection and 36,00,000 Equity Shares after technical rejection. In Retail Category there was over subscription of 55,38,000 Equity Shares before technical rejection and 53,76,000 Equity Shares after technical rejection. The Basis of Allotment was finalised in consultation with the Designated Stock Exchange - BSE on December 02, 2021.

A) Allocation to Market Maker (After Technical Rejections & Withdrawals): The Basis of Allotment to the Market Maker, at the Offer Price of Rs. 21 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 54,000 Equity Shares. The category-wise details of the Basis of Allotment are as under:

No. of Shares Applied for No. of Applications Received % to Total Total No. of Shares Applied % to Total Allocation per Applicant Ratio of Allottees to the Applicant Total No. of Shares Allotted
54,000 1 100.00 54,000 100.00 54,000 1:1 54,000
Total 1 100.00 54,000 100.00 54,000

B) Allocation to Retail Individual Investors (After Technical Rejections & Withdrawals): The Basis of Allotment to the Retail Individual Investors, at the Offer Price of Rs. 21 per Equity Share, was finalised in consultation with BSE. Pursuant to Regulation 253(2) of the SEBI (ICDR) Regulations, 2018, the total number of shares allocated in this category is 5,70,000 Equity Shares. The category was subscribed by 9.43 times. The category-wise details of the Basis of Allotment are as under:

No. of Shares Applied for No. of Applications Received % to Total Total No. of Shares Applied % to Total Allocation per Applicant Ratio of Allottees to the Applicant Total No. of Shares Allotted
6000 896 100.00 53,76,000 100.00 6000 95:896 5,70,000
Total 896 100.00 53,76,000 100.00 6000 95:896 5,70,000

C) Allocation to Other than Retails Category (Alter Technical Rejections & Withdrawals): The Basis of Allotment to the Non - Retail Investors, at the Offer Price of Rs.21 per Equity Share, was finalised in consultation with BSE. Pursuant to Regulation 253(2) of the SEBI (ICDR) Regulations, 2018, the total number of shares allocated in this category is 3,72,000 Equity Shares. The category was subscribed by 9.68 times. The category-wise details of the Basis of Allotment are as under:

No. of Shares Applied for No. of Applications Received % to Total Total No. of Shares Applied % to Total Allocation per Applicant Ratio of Allottees to the Applicant Total No. of Shares Allotted
12,000 22 27.16 2,64,000 7.33 6,000 5:22 30,000
18,000 10 12.35 1,80,000 5.00 6,000 3:10 18,000
24,000 7 8.64 1,68,000 4.67 6,000 3:7 18,000
30,000 9 11.11 2,70,000 7.50 6,000 5:9 30,000
36,000 9 11.11 3,24,000 9.00 6,000 2:3 36,000
42,000 6 7.41 2,52,000 7.00 6,000 2:3 24,000
60,000 3 3.70 1,80,000 5.00 6,000 1:1 18,000
66,000 2 2.47 1,32,000 3.67 6,000 1:1 12,000
72,000 1 1.23 72,000 2.00 6,000 1:1 6,000
90,000 4 4.94 3,60,000 10.00 6,000 1:1 24,000
90,000 Lottery 6,000 1:2 12,000
96,000 1 1.23 96,000 2.67 12,000 1:1 12,000
1,02,000 2 2.47 2,04,000 5.67 6,000 1:1 12,000
1,02,000 Lottery 6,000 1:2 6,000
1,20,000 1 1.23 1,20,000 3.33 12,000 1:1 12,000
2,16,000 1 1.23 2,16,000 6.00 24,000 1:1 24,000
2,28,000 1 1.23 2,28,000 6.33 24,000 1:1 24,000
2,34,000 1 1.23 2,34,000 6.50 24,000 1:1 24,000
3,00,000 1 1.23 3,00,000 8.33 30,0000 1:1 30,000
Total 81 100.00 36,00,000 100.00 3,72,000

The Board of Directors of the Company at its meeting held on December 03, 2021, 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 on or before December 03, 2021. Further, the instructions to Self Certified Syndicate Banks will be processed on or before December 03, 2021 for unblocking of funds and transfer to the Public offer Account on December 03, 2021 and the payments to non-syndicate brokers have been issued on December 03, 2021. In case the same is not received within ten days, investor may contact the Registrar to the offer at the address given below. The Equity Shares allotted to successful applicants have been uploaded on December 03, 2021 for credit 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 Offer 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 Offer. The trading is proposed to be commenced on December 07, 2021 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 November 17, 2021 ("Prospectus").

INVESTORS PLEASE NOTE

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

wpeFC.jpg (2034 bytes) SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
D-153A, First Floor, Okhla Industrial Area, Phase-I, New Delhi 110 020, India.
Telephone: 011-40450193-97
FAX: 011-26812682
E-mail: compliances@skylinerta.com
Investor grievance e-mail: grievances@skylinerta.com
Website: www.skylinerta.com
Contact Person: Mr. Alok Gautam
SEBI Registration No.: INR000003241
For DMR Hydroengineering & Infrastructures Limited
On Behalf of the Board of Directors
Place: Faridabad Sd/-
Date: December 04, 2021 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 DMR HYDROENGINEERING & INFRASTRUCTURES LIMITED.

DMR HYDROENGINEERING & INFRASTRUCTURES LIMITED is proposing, subject to applicable statutory and regulatory requirements, receipt of requisite approvals, market conditions and other considerations, to make a Public Offer of its Equity Shares and has been filed prospectus with the Registrar of Companies, Delhi on November 17, 2021. The Prospectus Shall be available on websites of the Company, the BSE and the Lead Manager at www.dmrengineering.net , www.bsesme.com, www.shreni.in respectively. Applicants should note that investment in equity shares involves a high-risk and for details relating to the same, see the Prospectus, including section titled "Risk Factors" beginning on page no. 23 of the Prospectors.

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 applicable U.S. state securities law. Accordingly, the Equity Shares are offered or 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 jurisdiction where such offers and sales occur.

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