K SERA SERA PRODUCTIONS LIMITED

(Onginally incorporated as 'Garnet Paper Mills Limited on 6th September 1995 with Registrar of Companies Mumbai under the Companies Act, 1956, subsequently name was changed to 'K Sera Sera Productions Limited' on 23rd October 2002) Registered Office: Versova Shree Darshan Co-operative Housing Society Limited, Ground Floor, Plot No.15, R.D.P-2, Sardar Vallabhbhai Patel Nagar, Near Versova Telephone Exchange, Andheri (West), Mumbai -400 053.
Tel No: +91 22 5696 3035; Fax No: +9122 5696 3037; Website: www.kserasera.com; Email: publicissue@kserasera.com; Contact Person: Ms. Amruta Paranjape, Company Secretary and Compliance Officer.

BASIS OF ALLOTMENT

Public Issue of 50,00,000 Equity Shares of Re. 10/- each for cash at a price of Rs. 68/- per Equity Share, at a premium of Rs. 58/- per Equity Share, aggregating to Rs. 3400 Lacs.
The Issue received 10,917 applications for 3,16,46,000 Equity Shares resulting In 6.33 times subscription.
The Basis of Allotment of Public Issue was approved by Bombay Stock Exchange Limited (Designated Stock Exchange) on March 3, 2006. The Board of Directors of the Company at its Meeting held at Mumbai on March 4, 2006 allotted the Equity Shares to the successful applicants. Details of valid applications received and allotments done are as under:

PUBLIC ISSUE

The details of valid applications received in the Issue from Retail Category, Corporates / Institutions (Non Retail Category), Employee's and QIBs are as under:

A) Allotment to Retail Investors
The total number of Equity Shares allotted in this category are 18,35,415 Equity Shares (36.71% of total Equity Shares allotted). The categorywise details of allotment are given below:

All the applicants who have applied for 300 Equity Shares or more have been given firm allotment on proportionate basis Inverse to the oversubscription ratio.

B) Allotmentto Non Retail Category (Individuals who have applied for more than 1,400 Equity Shares, Corporates / Institutions)
The total number of Equity Shares allotted in this category are 7,86,451 Equity Shares (15.73% of total Equity Shares allotted).
All the applicants In this category have been given firm allotment on proportionate basis Inverse to the oversubscription ratio.

C) Allotment to Employees

The Company has received 6 valid applications for 3,500 Equity Shares against 2,50,000 Equity Shares offered, resulting in under subscription. The unsubscribed portion of 2,46,500 Equity Shares have been added to the Retail & Non -Retail category. All applicants In this category have been given full & firm allotment.

D) Allotment to Qualified Institutional Buyers (QIBs)

The total number of Equity Shares allotted in this category are 23,75,000 Equity Shares (47.50% of total Equity Shares allotted).All the applicants In this category have been given Firm Allotment on a PROPORTIONATE BASIS. Out of 23,75,000 Equity Shares offered to QIBs as per the terms of the issue, 1,18,750 Equity Shares (i.e 5% of 23,75,000) has been.atlotted proportionately to mutual funds. Mutual funds applicants have also been considered eligible for proportionate allotment for the balance Equity shares in QIBs category i.e 22,56,250.

Refunds have been made through ECS, into the Bank Accounts of the applicants, as registered with the depositories, for applicants residing at any of the 15 centres specified by SEBI. For other applicants Refund Orders have been despatched to their address as registered with the depositories. In case the same is not received within ten days, applicants may contact at the address given below. ECS Intimation Note and Refund Orders have been over-printed with the Bank Mandate details as registered, if any, with the depositories. The Equity Shares allotted to successful applicants have been credited to their beneficiary accounts.

INVESTORS PLEASE NOTE
The details of allotments made, have been hosted on the website of the Registrars to the Issue, Bigshare Services Private Limited at www. bigshareonline.com

All future correspondence in this regard may kindly be addressed to the Registrars to the issue quoting full name of the First/ Sole applicant, Serial No. of the Bid-cum-Application form, number of Equity Shares applied for and the name of the Bank branch where the application was lodged at the following address given below:

Bigshare Services Private Limited (Unft:K Sera Sera Productions Ltd)
E- 2/3, Ansa Industrial Estate, Saki Vihar Road, Saki Naka, Andheri (East), Mumbai- 400 072.
Tel: 022- 2847 0652/ 0653; Fax: 022 - 2847 5207; Email: ipo@bigshareonline.com

THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE o EQUITY SHARE ON LISTING OR THE BUSINESS PROSPECTS OF K SERA SERA PRODUCTIONS LIMITED.