Basis of Allotment

(THIS IS ONLY AN ADVERTISMENT FOR INFORMATION PURPOSE AND NOT A PROSPECTUS ANNOUNCEMENT)

wpe1.jpg (6601 bytes) TECHNOPACK POLYMERS LIMITED
CIN: U25209GJ2018PLC103581

Our company was Incorporated as Technopack Polymers Private Limited on August 09,2018 at Mortn, Dist. Rajkot. Gujarat as a Private Limited Company under the Companies Act 2013 with the Registrar of Companies. Ahmedabad Subsequently, the name of the company was changed to ‘Technopack Polymers Limited" pursuant to a special resolution passed by the shareholders of the company at the Extra Ordinary General Meeting held on July 11, 2022. A fresh certificate of incorporation consequent upon change of name was issued on. July 15, 2022 by the Registrar of Companies. Ahmedabad. The Corporate Identity Number of our Company is U25209GJ2018PLC103581. For Further details pertaining to the change of name of our Company and the change in Registered Office, please refer the chapter "History and Certain Corporate Matters' on page no. 108 of this Prospectus.

Tel No: +91- 9099070066; Email: compliance@technopackltd.com ; Website: www.technopackltd.com / www.technopackpet.com Contact Person: Ms. Deepali Malpani, Company Secretary and Compliance Officer.
Our Promoters: Mr. Kalpeshkumar Ishwarlal Pandya and Mr. Chetankumar Ishvarlal Pandya
BASIS OF ALLOTMENT

PUBLIC ISSUE OF UP TO 14,30,000 EQUITY SHARES OF Rs 10 EACH ("EQUITY SHARES") OF TECHHOPACK POLYMERS LIMITED ("TPL" OR THE "COMPANY' ) FOR CASH AT A PRICE OF Rs 55 PER SHARE (THE "ISSUE PRICE"), AGGREGATING TO Rs 786.50 LAKHS ("THE ISSUE"). OF WHICH UPTO 71,500 EQUITY SHARES OF Rs 10 EACH WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER TO THE ISSUE ("THE MARKET MAKER RESERVATION PORTION"). THE ISSUE LESS MARKET MAKER RESERVATION PORTION I.E. ISSUE OF UPT0 13,58,500 EQUITY SHARES OF Rs 10 EACH IS HEREIN AFTER REFERRED TO AS THE "NET ISSUE". THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 26.48% AND 25.16%. RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF THE COMPANY.

ISSUE
OPENED ON 02nd November, 2022.
CLOSED ON 07th November, 2022
Proposed Listing

The Equity shares offered through the Prospectus are proposed to be listed on the SME Platform of BSE Limited ("BSE") in terms of Chapter IX of the SEBI (ICDR) Regulations, 2018, as amended time to time. Our company has received In Principal approval letter dated October 12, 2022 from BSE Limited ("BSE") for using its name in the Order Document for listing of our shares on the SME Platform of BSE For the purpose of the issue, the Designated Stock Exchange will be BSE Limited The trading is proposed to be commenced on or about November 16, 2022*.

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

The issue is being made through Fixed Price Process, the allocation in the Issue category shall be made as per Regulation 253 (2) of SEBI (ICDR) Regulations, 2018 wherein a minimum of 50% of the Net Issue of shares to Public shall initially be made available for allotment to a) Retail Individual investors as the case may be The balance net offer of shares to the public shall be made available for allotment b) individual applicants other than retail investors and other investors including corporate bodies/ institutions irrespective of number of shares applied for The unsuspended portion of the net issue to any one of the categories specified in (a) or (b) shall/'may be made available for allocation in any other category, if so required. Explanation: Chapter IX, part VII (253) of SEBI (ICDR) Regulation, 2018. If the Retail Individual Investor is entitled to more than fifty percent, on proportionate basis, the retail individual investors shall be allocated that higher percentage. All Applicants were allowed to participate in the issue either 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 State Certified Syndicate Banks (the 'SCSB') or through UPI Mechanism.

SUBSCRIPTION DETAILS

The issuer has received 7283 applications for 26970000 equity shares resulting in 18.63 times subscription (Including reserved portion of Market Maker and excluding bids not banked),

Summary of valid application received (excluding bids not banked)

Sr. No. Category Gross Less: Technical Rejections Valid
No. of Applications Equity Shares No. of Applications Equity Shares No. of Applications Equity Shares
1 Reserved for Market Maker 1 72000 - - 1 72000
2 Retail Individual Investors 6742 13484000 115 230000 6627 13254000
3 Other Investors 540 13414000 6 104000 534 13310000
Total 7283 26970000 121 334000 7162 26636000

Allocation: The basis of allotment was finalized in consultation with Designated Stock Exchange - BSE Limited on November 11, 2022.

A. Market Maker's Category (Alter Technical Rejections & Withdrawals):

The basis of allotment to Market maker at the issue price of Rs 55 per equity share, was finalised in consultation with BSE. The category was subscribed 1.006 times. The total no. of shares allotted in this category is 72000 Equity Shares.

No, of Shares applied for (Category wise) Number of applications received %to total Total No. of Shares applied In each category %of total Proportionate shares available Allocation per Applicant (Before Rounding oil) Allocation per Applicant (After Rounding off) Ratio of allottees to applicants Number of successful applicants (after rounding) Total No. of shares allocated Surplus/ Deficit
72,000 1 100.00 72,000 100.00 71,500 71.500 71,500 1.1 1 71,500 500

B. Allocation to Retail Individual Investor (Alter Technical Rejections & Withdrawals).

The basis of allotment to Retail Individual investor, at the issue price of Rs.55 per equity share, was finalised in consultation with BSE The category was subscribed 19,49 times. The total no. of shares allotted in this category is 6,80,000 Equity Shares.

No. of Shares applied for (Category wise) Number of applications received %to total Total No. of Shares applied in each category %of total Proportionate shares available Allocation per Applicant (Before Rounding off) Allocation per Applicant (After Rounding off) Ratio of allottees to applicants Number of successful applicants (after rounding) Total No. of shares allocated Surplus/ Delicate (14)-(7)
2,000 6,627 100.00 1,32,54,000 100.00 6,80,000 102.51 2,000 2.39 340 6,80,000 0

C. Allocation to Other than Retail Individual Investor (After Technical Rejections & Withdrawals)

The basis of allotment to Other than Retail Individual Investor at the issue price of Rs. 55 per equity share, was finalised in consultation with BSE, The category was subscribed 19.62 times. The total no. of shares allotted in this category is 6,78,500 Equity Shares.

No. of Shares applied for (Category wise) Number of applications received % to total Total No. of Shares applied in each category %0f total Proportionate shares available Allocation per Applicant Ration of allottees to applicants Number oil Total No. Surplus/ Deficit (14)-(7)
Before Rounding oft After Rounding off successful applicants (after rounding) of snares allocated / allotted
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12)
4000 274 51.31 1096000 8.23 55870 203.91 2000 14 137 28 56000 130
6000 39 7.30 234000 1.76 11929 305.87 2000 2 13 6 12000 71
8000 29 5.43 232000 1.74 11827 407.83 2000 6 29 6 12000 173
10000 30 5.62 300000 2.25 15293 509 77 2000 4 15 8 16000 707
12000 9 1.69 108000 0.81 5505 611.67 2000 1 3 3 6000 495
14000 7 1.31 98000 0.74 4996 713.71 2000 2 7 2 4000 •996
16000 7 1.31 112000 0.84 5709 81557 2000 3 7 3 6000 291
18000 7 1.31 126000 0.95 6423 917.57 2000 3 7 3 6000 -423
20000 35 6.55 700000 5.26 35684 1019.54 2000 18 35 18 36000 316
22000 4 0.75 88000 0.66 4486 1121.5 2000 1 2 2 4000 •486
24000 5 0.94 120000 0.90 6117 1223.4 2000 3 5 3 6000 -117
26000 4 0.75 104000 0.78 5302 1325.5 2000 3 4 3 6000 698
28000 3 0.56 84000 0.63 4282 1427.33 2000 2 3 2 4000 -282
30000 4 0.75 120000 0.90 6117 1529.25 2000 3 4 3 6000 -117
32000 4 0.75 128000 0.96 6525 1631.25 2000 3 4 3 6000 -525
34000 2 0.37 68000 0.51 3466 1733 2000 1 1 2 4000 534
36000 3 0.56 108000 0.81 5505 1835 2000 1 1 3 6000 495
38000 2 0.37 76000 0.57 3874 1937 2000 1 1 2 4000 126
40000 10 1.87 400000 3.01 20391 2039.1 2000 1 1 10 20000 -391
42000 2 0.37 84000 0.63 4282 2141 2000 1 1 2 4000 -282
48000 1 0.19 48000 0.36 2447 2447 2000 1 1 1 2000 -447
50000 2 0.37 100000 075 $098 2549 2000 1 1 2 *-000 1
0.00 0.00 500 1 2 500 500
52000 1 0.19 52000 0.39 2651 2651 2000 1 1 1 2000 -651
54000 2 0.37 108000 0.81 5505 2752.5 2000 1 1 2 4000 -1505
0.00 0.00 2000 1 2 2000 2000
56000 1 0.19 56000 0.42 2855 2855 2000 1 1 1 2000 -855
58000 3 0.56 174000 1.31 8870 2956.67 2000 1 1 3 6000 -2870
0.00 0.00 2000 1 3 2000 2000
60000 3 0.56 180000 1.35 9176 3058.67 2000 1 1 3 6000 -3176
0.00 0.00 2000 2 3 4000 4000
62000 1 0.19 62000 0.47 3161 3161 4000 1 1 1 4000 839
64000 1 0.19 64000 0.48 3262 3262 4000 1 1 1 4000 738
66000 1 0.19 66000 0.50 3364 3364 4000 1 1 1 4000 636
72000 1 0.19 72000 0.54 3670 3670 4000 1 1 1 4000 330
76000 1 0.19 76000 0.57 3874 3874 4000 1 1 1 4000 126
90000 3 0.56 270000 2.03 13764 4588 4000 1 1 3 12000 -1764
0.00 0.00 2000 1 3 2000 2000
92000 1 0.19 92000 0.69 4690 4690 4000 1 1 1 4000 -690
100000 3 0.56 300000 2.25 15293 5097.67 4000 1 1 3 12000 -3293
0.00 0.00 2000 2 3 4000 4000
102000 1 0.19 102000 0.77 5200 5200 6000 1 1 1 6000 800
106000 1 0.19 106000 0.80 5404 5404 6000 1 1 1 6000 596
110000 2 0.37 220000 1.65 11215 5607.5 6000 1 1 2 12000 785
114000 1 0.19 114000 0.86 5811 5811 6000 1 1 6000 189
118000 2 0.37 236000 1.77 12030 6015.5 6000 1 1 2 12000 -30
120000 2 0.37 240000 1.80 12234 6117 6000 1 1 2 12000 -234
134000 1 0.19 134000 1.01 6831 6831 6000 1 1 1 6000 -831
140000 1 0.19 140000 1.05 7137 7137 800D 1 1 1 8000 863
158000 1 0.19 158000 1.19 8054 8054 8000 1 1 1 8000 -54
178000 1 0.19 178000 1.34 9074 9074 8000 1 1 1 8000 -1074
180000 3 0.56 540000 4.06 27527 9175.67 8000 1 1 3 24000 -3527
0.00 0.00 2000 2 3 4000 4000
190000 1 0.19 190000 1.43 9686 9686 10000 1 1 1 13000 314
200000 2 0.37 400000 3.01 20391 10195.5 10000 1 1 2 20000 -391
254000 1 0.19 254000 1.91 12948 12948 12000 1 1 1 12000 -948
270000 1 0.19 270000 2.03 13764 13764 1400D 1 1 1 14000 236
310000 2 0.37 620000 4.66 31606 15803 16000 1 1 2 32000 394
352000 1 0.19 352000 2.64 17944 17944 18000 1 1 1 18000 56
362000 1 0.19 362000 2.72 8 44 18454 18000 1 1 1 18000 -454
372000 1 0.19 372000 2.79 18963 18963 18000 1 1 1 18000 -963
412000 1 0.19 412000 3.10 21002 21002 20000 1 1 1 2000 -1002
714000 1 0.19 714000 5.36 36397 36397 36000 1 1 1 36000 -397
1090000 1 0.19 1090000 8.19 55565 55565 56000 1 1 1 56000 435
GRAND TOTAL 534 100.00 13310000 100.00 678500 166 678500 0

The Board of Directors of the Company at its meeting held on November 11, 2022 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz. BSE Limited and has authorized the corporate above for allotment of the Equity Shares to various successful applicants. The Refund'1 allotment intimation will be dispatched to the address of the Applicants as registered with the depositaries on or about November 11, 2022. Further, the instructions to Self-Certified Syndicate Banks for unblocking the funds with process on or about November 14, 2022 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 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 dinned herein shall have the respective meaning assigned to them the Prospectus dated October 15, 2022 ('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 Pvt, Ltd, at www.bigshareonline.com   All Future correspondence in this regard may kindly be addressed 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:

wpeA9.jpg (5694 bytes) BIGSHARE SERVICES PVT. LTD.
1 st Floor; Bharat Tin Works Building, Opp, Oasis, Makwana Road, Marol, Andheri East, Mumbai - 400 059
Tel No.: +91 -22 - 62638200 Fax: +91 22 62638299 Email: lpo@brgshareonline.com  Website: www.bigshareonline.com
Investor Grievance Email: investor@bigsnareonline.com   Contact Person: Mr. Babu Rapheal SEBI Registration No.: INR000001385
Far and on behalf of the Board of Directors Technopack Polymers Limited
-Sd/-
Date: 15th November, 2022 Mr. Chetankumar I. Pandya
Place: Rajkot 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 PROSPECTUS OF TECHNOPACK POLYMERS LIMITED.

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