Basis of Allotment

THIS IS A PUBLIC ANNOUNCEMENT FOR INFORMATION PURPOSES ONLY AND IS NOT A PROSPECTUS ANNOUNCEMENT

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WOMANCART LIMITED

Our Company was originally incorporated as a private limited company under the Companies Act, 2013 in the name and style of "Woman cart Private Limited", on July 04,2018. Subsequently, the company was converted into public limited company and the name of our Company was changed to "Womancart Limited" pursuant to a shareholders' resolution passed at an Extra- Ordinary General Meeting held on May 19,2023 and a fresh Certificate of Incorporation dated May 31,2023 was issued by Registrar of Companies, Delhi. As on date of Prospectus, the Corporate Identification Number of our Company is U74999DL2018PLC336138. For further details of incorporation please refer to section titled "Our History and Certain Other Corporate Matters" beginning on page 157 of this Prospectus.

Registered Office: House No. 57, 3rd Root. Block F-14. Model Town, New Delhi-110009, India, Tel: +91 9205577453.
Website: www.womancart.in. E-mail: secretarial@womancart.in
Company Secretary and Compliance Officer: Ms. Nimisha Jain
PROMOTER: MRS. VEENA PAHWA
BASIS OF ALLOTMENT

INITIAL PUBLIC OFFERING OF UP T011.12.000 EQUITY SHARES OF RS. 10/- EACH ("EQUITY SHARES' ) OF WOMANCART LIMITED ("WC" OR THE "COMPANY") FOR CASH AT A PRICE OF RS. 86/- PER EQUITY SHARE (THE "ISSUE PRICE"). AGGREGATING TO RS. 956.32 LAKHS ("THE ISSUE"). OUT OF THEOUT OF THE ISSUE. 56,000 EQUITY SHARES AGGREGATING TO RS. 48.16 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 10,56,000 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH AT AN ISSUE PRICE OF RS. 86/- PER EQUITY SHARE AGGREGATING TO RS. 908.16 LAKHS IS HEREINAFTER REFERRED TO AS THE "NET ISSUE". THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 26.43% and 25.10%, RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY.

FOR FURTHER DETAILS, KINDLY REFER TO CHAPTER TITLED "TERMS OF THE ISSUE" BEGINNING ON PAGE 298 OF THE PROSPECTUS.
THE FACE VALUE OF THE EQUITY SHARE IS Rs. 10 EACH AND THE ISSUE PRICE IS Rs. 86.00
THE ISSUE PRICE IS 8.6 TIMES OF THE FACE VALUE OF THE EQUITY SHARES.
ISSUE PERIOD ISSUE OPENED ON : MONDAY, OCTOBER 16, 2023
ISSUE CLOSED ON : WEDNESDAY, OCTOBER 18, 2023

PROPOSED LISTING: October 27, 2023

The Equity Shares offered through the Prospectus are proposed to be listed on Emerge Platform of NSE ("NSE") in terms of Chapter IX of the Securities And Exchange Board Of India (Issue Of Capital And Disclosure Requirements) Regulations. 2018 (the "SEBI (ICDR) regulations"), as amended read with rule 19(2)(b) of the Securities Contracts (Regulation) Rules, 1957, as amended. Our company has received In Principle approval letter dated September 21, 2023 from National Stock Exchange of India Limited (‘NSE'') for using its name in the Offer Document for listing of our shares on Emerge Platform of NSE. It is to be distinctively understood that the permission given by National Stock Exchange of India Limited ("NSE") should not in any way be deemed or construed that the content of the Prospectus or the price at which equity shares are offered has been cleared, solicited or approved by NSE, nor does it certify the correctness, accuracy or completeness of any of the content of the Prospectus. The investors are advised to refer to the prospectus for the full text of the Disclaimer clause pertaining to NSE. For the purpose of this Issue, the Designated Stock Exchange will be National Stock Exchange of India Limited ("NSE"). The trading is proposed to commence on October 27,2023*.

*Subject to the listing and trading approval from Emerge Platform of NSE.

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*) or through UPI Mechanism.

SUBSCRIPTION DETAILS

The issue has received 26163 applications before technical rejections for 6,88,000 equity shares resulting in 60.96 times (including reserved portion of Market Maker). The details of the applications received in the issue (before technical rejections but after applications not banked) are as follows:

Detail of the Applications Received:

Category Before Technical Rejections & Withdrawals After Technical Rejections & Withdrawals
No of Applications No of equity shares No of Applications No of equity shares
Retail Individual Applicant 23758 3,80,12,800 23424 3,74,78,400
Other than Retail Individual Applicant 2405 2,97,84,000 2371 2,96,30,400
Total 26163 6,77,96,800 25795 6,71,08,800

A. Allocation to Market Maker (After Technical Rejections & Withdrawal): The Basis of Allotment to the Market Maker, at the issue price of Rs. 86 per Equity Share, was finalised in consultation with NSE. The category was subscribed by 1.00 times. The total number of shares allotted in this category is 56,000 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 Equity Shares applied in this Category % of total Proportionate Shares Available Allocation per Applicant (Before Rounding Off) Allocation per Applicant (After Rounding Off) Ratio of Allottees to Applicant: Ratio 1 Ratio of Allottees to Applicant: Ratio 2 Number of Successful applicants (after rounding off) Total No. of Equity Shares allocated/ allotted
56000 1 100.00 56000 100.00 56000 56000 56000 1 1 1 56000
Total 1 100.00 56000 100.00 56000 56000 56000 1 1 1 56000

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.86 per Equity Share, was finalized in consultation with NSE. The category was subscribed 63.48 times i.e. for 3,74,78,400 Equity Shares. Total number of shares allotted in this category is 5,90.400 Equity Shares (spill over of 62,400 Equity Shares) to 369 successful Allottees.

The category wise details of the Basis of Allotment are as under:

No. of Shares applied for (Category wise) Number of applications received % to total Total No. of Shares applied in each category % to total Proportionate shares available Allocation per Applicant Ration of allottees to applicants Number of successful applicants (after rounding) %to total Total No. of shares allocated / alloted % to total
(2) (3) (4) (5) (6) (7) Before Rounding off (8) After Rounding off (9) (10) (12) (13) (14) (15)
1600 23424 100 37478400 100 590400 25 1600 123 7808 369 100 590400 100
100 100 100 100

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. 86 per Equity Share, was finalized in consultation with NSE. The category was subscribed by 63.52 times i.e. application received for 2,95,74,400 shares & the total number of shares allotted in this category is 4,65,600 Equity Shares to 200 successful allottees.

The category wise details of the Basis of Allotment are as under:

No. of Shares applied for (Category wise) Number of applications received % to total Total No. of Shares applied in each category % to total Proportionate shares available Allocation per Applicant Ration of allottees to applicants Serial Number of Qualifying applicants Number of successful applicants (after rounding) % to total Total No. of shares allocated / alloted %to total Surplus / Deficit (14)-(7)
(2) (3) (4) (5) (6) (7) Before Rounding off (8) After Rounding off (9) (10) (11) (12) (13) (14) (15) (16)
3200 1691 71.35 54,11,200 18,30 85,190 50 1,600 53 1691 - 53 26.50 84,800 1821 390
4800 176 743 8,44 800 2,86 13,300 76 1,600 1 22 - 8 4.00 12,800 2.75 500
6400 54 2.28 3,45,600 1,17 5,441 101 1,600 1 18 - 3 1.50 4,800 1 03 641
8000 51 2.15 4,08 000 1,38 6,423 126 1,600 4 51 - 4 2.00 6,400 1.37 23
9600 19 0.80 1,82,400 0,62 2,872 151 1,600 2 19 - 2 1.00 3,200 0.69 -328
11200 47 1.98 5,26,400 1,78 8,287 176 1,600 5 47 - 5 2.50 8,000 1.72 287
12800 85 3.59 10,88,000 3,68 17,129 202 1,600 11 85 - 11 5.50 17,600 3.78 -471
14400 21 0.89 3,02,400 1,02 4,761 227 1,600 1 7 - 3 1.50 4,800 1.03 -39
16000 27 1.14 4,32,000 1,46 6,801 252 1,600 4 27 - 4 2.00 6,400 1.37 401
17600 11 0.46 1,93,600 0,65 3,048 277 1,600 2 11 - 2 1.00 3,200 0.69 -152
19200 6 0.25 1,15,200 0,39 1,814 302 1,600 1 6 - 1 0.50 1,600 0.34 214
20800 17 072 3,53,600 1,20 5,567 327 1,600 3 17 - 3 1.50 4,800 1 03 767
22400 3 0.13 67,200 0,23 1,058 353 1,600 1 3 - 1 0.50 1,600 034 -542
24000 21 0.89 5,04,000 1,70 7,935 378 1,600 5 21 - 5 2.50 8,000 1.72 -65
25600 6 0.25 1,53,600 0,52 2,418 403 1,600 1 3 - 2 1.00 3,200 0.69 -782
27200 3 0.13 81,600 0,28 1,285 428 1,600 1 3 - 1 0.50 1,600 0.34 -315
28800 6 0.25 1,72,800 0,58 2,720 453 1,600 1 3 - 2 1.00 3,200 0.69 -480
30400 2 0.08 60,800 0,21 957 479 1,600 1 2 - 1 0.50 1,600 0.34 -643
32000 15 0.63 4,80,000 1,62 7,557 504 1,600 1 3 - 5 2.50 8,000 1.72 -443
33600 5 0.21 1,68,000 0,57 2,645 529 1,600 2 5 - 2 1.00 3,200 0.69 -555
35200 3 0.13 1,05,600 0,36 1 663 554 1,600 1 3 - 1 0.50 1,600 0.34 63
38400 1 0.04 38 400 0,13 605 605 1,600 0 1 - 0 0.00 - 0.00 605
40000 4 0.17 1,60,000 0,54 2,519 630 1,600 1 2 - 2 1.00 3,200 0.69 -681
41600 1 0.04 41,600 0,14 655 655 1,600 0 1 - 0 0.00 - 0.00 655
43200 1 0.04 43,200 0,15 680 680 1,600 0 1 - 0 0.00 - 0.00 680
46400 1 0.04 46,400 0,16 730 730 1,600 0 1 - 0 0.00 - 0.00 730
48000 6 0.25 2,88,000 0,97 4,534 756 1,600 1 2 - 3 1.50 4,800 1.03 -266
49600 1 0.04 49,600 0,17 781 781 1,600 0 1 - 0 0.00 - 0.00 781
51200 2 0.08 1,02,400 0,35 1,612 806 1,600 1 2 - 1 0.50 1,600 0.34 12
52800 4 0.17 2,11,200 0,71 3,325 831 1,600 1 2 - 2 1.00 3,200 0.69 125
56000 2 0.08 1,12,000 0,38 1,763 882 1,600 1 2 - 1 0.50 1,600 0.34 163
57600 1 0.04 57,600 0,19 907 907 1,600 1 1 - 1 0.50 1,600 0.34 -693
60800 1 0.04 60 800 0,21 957 957 1,600 1 1 - 1 0.50 1,600 0.34 -643
62400 2 0.08 1,24,800 0,42 1,965 982 1,600 1 2 - 1 0.50 1,600 034 365
64000 3 0.13 1,92 000 0,65 3,023 1,008 1,600 2 3 - 2 1.00 3,200 0.69 -177
65600 1 0.04 65,600 0,22 1,033 1,033 1,600 1 1 - 1 0.50 1,600 0.34 -567
67200 1 0.04 67,200 0,23 1,058 1,058 1,600 1 1 - 1 0.50 1,600 0.34 -542
68800 1 0.04 68,800 0,23 1,083 1,083 1,600 1 1 - 1 0.50 1,600 0 34 -517
70400 2 0.08 1,40,800 0,48 2,217 1,108 1,600 1 2 - 1 0.50 1,600 0 34 617
72000 3 0.13 2,16,000 0,73 3,401 1,134 1,600 2 3 - 2 1.00 3,200 0 69 201
75200 1 0.04 75,200 0,25 1,184 1,184 1,600 1 1 - 1 0.50 1,600 034 •416
76800 3 0.13 2,30,400 0,78 3,627 1,209 1,600 2 3 - 2 1.00 3,200 0.69 427
80000 2 0.08 1,60,000 0,54 2,519 1,259 1,600 1 1 - 2 1.00 3,200 0.69 -681
81600 4 0.17 3,26,400 1,10 5,139 1,285 1,600 3 4 - 3 1.50 4,800 1.03 339
88000 2 0.08 1,76,000 0,60 2,771 1,385 1,600 1 1 - 2 1.00 3,200 069 -429
99200 1 0.04 99,200 0,34 1,562 1,562 1,600 1 1 - 1 0.50 1,600 0 34 -38
100800 1 0.04 1,00,800 0,34 1,587 1,587 1,600 1 1 - 1 0.50 1,600 0 34 -13
102400 1 0.04 1,02,400 0,35 1,612 1,612 1,600 1 1 - 1 0.50 1,600 0 34 12
105600 2 0.08 2,11,200 0,71 3,325 1,662 1,600 1 1 - 2 1.00 3,200 0 69 125
107200 1 0.04 1,07,200 0,36 1,688 1,688 1,600 1 1 - 1 0.50 1,600 0 34 88
110400 1 0.04 1,10,400 0,37 1,738 1,738 1,600 1 1 - 1 0.50 1,600 0.34 138
112000 1 0.04 1,12,000 0,38 1,763 1,763 1,600 1 1 - 1 0.50 1,600 0.34 163
115200 4 0.17 4,60,800 1,56 7,255 1,814 1,600 1 1 - 4 2.00 6,400 1.37 855
115200 Lottery 1.600 1 4 - 0 0,00 1,600 0.34
116800 3 0.13 3,50,400 1,18 5,516 1,839 1,600 1 1 - 3 1.50 4,800 1 03 716
120000 1 0.04 1,20,000 0,41 1,889 1,889 1,600 1 1 - 1 0.50 1,600 0 34 289
124800 1 0.04 1,24,800 0,42 1,965 1,965 1,600 1 1 - 1 0.50 1,600 0 34 365
136000 1 0.04 1,36,000 0,46 2,141 2,141 1,600 1 1 - 1 0.50 1,600 0 34 541
144000 2 0.08 2,88,000 0,97 4,534 2,267 1,600 1 1 - 2 1.00 3,200 0 69 1.334
144000 Lottery 1.600 1 2 - 0 0,00 1.600 0.34 -1,600
150400 1 0.04 1,50,400 0,51 2,368 2,368 1,600 1 1 - 1 0.50 1,600 0.34 768
156400 1 0.04 1,58,400 0,54 2,494 2,494 3,200 1 1 - 1 0.50 3,200 0.69 -706
160000 1 0.04 1,60,000 0,54 2,519 2,519 3,200 1 1 - 1 0.50 3,200 0.69 -681
174400 2 0.08 3,48,800 1,18 5,491 2,746 1,600 1 1 - 2 1.00 3,200 069 2.291
174400 Lottery 1.600 1 2 - 0 0,00 1.600 0 34 -1,600
176000 1 0.04 1,76,000 0,60 2,771 2,771 3,200 1 1 - 1 0,50 3,200 0 69 -429
179200 2 0.08 3,58,400 1,21 5,642 2,821 3,200 1 1 - 2 1.00 6,400 1.37 -758
184000 1 0.04 1,84,000 0,62 2,897 2,897 3,200 1 1 - 1 0.50 3,200 0 69 -303
185600 1 0.04 1,85,600 0,63 2 922 2,922 3,200 1 1 - 1 0.50 3,200 0 69 -278
192000 1 0.04 1,92,000 0,65 3,023 3,023 3,200 1 1 - 1 0.50 3,200 069 -177
200000 1 0.04 2,00,000 0,68 3,149 3,149 3,200 1 1 - 1 0.50 3,200 0.69 -51
206400 1 0.04 2,06,400 0,70 3,249 3,249 3,200 1 1 - 1 0.50 3,200 0.69 49
208000 1 0.04 2,08,000 0,70 3,275 3,275 3,200 1 1 - 1 0.50 3,200 0.69 75
232000 2 0.08 4,64,000 1,57 7,305 3,652 3,200 1 1 - 2 1.00 6,400 1 37 905
232000 Lottery 1.600 1 2 - 0 0,00 1.600 0 34 -1,600
236400 1 0.04 2,38,400 0,81 3,753 3,753 3,200 1 1 - 1 0.50 3,200 0 69 553
248000 1 0.04 2,48,000 0,84 3,904 3,904 3,200 1 1 - 1 0.50 3,200 0 69 704
256000 1 0.04 2,56,000 0,87 4,030 4,030 3,200 1 1 - 1 0.50 3,200 069 830
304000 1 0.04 3,04,000 1,03 4,786 4,786 4,800 1 1 - 1 0.50 4,800 1.03 -14
352000 1 0.04 3,52,000 1,19 5,542 5,542 4,800 1 1 - 1 0.50 4,800 1.03 742
408000 1 0.04 4,08,000 1,38 6,423 6,423 6,400 1 1 - 1 0.50 6,400 1.37 23
480000 1 0.04 4,80,000 1,62 7,557 7,557 8,000 1 1 - 1 0.50 8,000 1.72 -443
528000 1 0.04 5,28,000 1,79 8312 8,312 8,000 1 1 - 1 0.50 8,000 1.72 312
532800 1 0.04 5,32,800 1,80 8,388 8,388 8,000 1 1 - 1 0.50 8,000 1 72 388
580800 1 0.04 5,80,800 1,96 9,144 9,144 9,600 1 1 - 1 0.50 9,600 2 06 -456
1056000 5 0.21 52,80,000 1785 83,125 16,625 16,000 1 1 - 5 2.50 80,000 17.18 3.125
1056000 Lottery 1.600 2 5 - 0 0,00 3,200 069 -3,200
- 2370 100 29574400 too 465600,1 - - - - - 200 100 465600 100.00 -

The Board of Directors of the Company at its meeting held on October 20, 2023 has approved the Basis of Allocation of Equity Shares as approved by the Designated Stock Exchange viz. NSE and has authorized the corporate action for issue of the Equity Shares to various successful applicants.

The CAN-cum-allotment advices and/or notices will be forwarded to the email id's and address of the Applicants as registered with the depositories / as filled in the application form on or before October 21, 2023. Further, the instructions to Self Certified Syndicate Banks for unblocking the amount will be processed on or prior to October 25, 2023. 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 Emerge Platform of NSE Limited (NSE Emerge) 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 Prospectus dated October 06, 2023 ("Prospectus')

In terms of Prospectus dated October 06, 2023 and as per Regulation 253 of SEBI (ICDR) Regulation 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 to b) individual applicants other than retail investors and other investors including corporate bodies,' institutions irrespective of number of shares applied for. The unsubscribed portion of the net issue to any one categories specified in a) and b) shall may be available for allocation in any category, if so required. Explanation: Chapter IX. part VIII (253) OF SEBI (ICDR) Regulations. 2018. If the retail individual investors is entitled to more than fifty percent, on proportionate basis, the retail individual investors shall be allocated the higher percentage.

INVESTORS PLEASE NOTE

The details of the allotment made would also be hosted on the website of the Registrar to the issue, Maashitla Securities Private Limited at www.maashitla.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:

wpeDD.jpg (26868 bytes) MAASHITLA SECURITIES PRIVATE LIMITED
451, Krishna Apra Business Square, Netaji Subhash Place, Pitampura, Delhi- 110034, India
Telephone: +91-11-45121795, Email: ipo@maashitla.com,
Contact Person: Mr. Mukul Agrawal, Website: www.maashitla.com, SEBI Registration Number: INR000004370
For WOMANCART LIMITED
On behalf of Board of Directors
Sd/-
Mr. Madhu Sudan Pahwa
Place: Delhi Managing Director
Date: October 23, 2023 DIN - 07661541

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 WOMANCART LIMITED.

Note: All capitalized terms used and not defined herein shall have same meanings assigned to them In the Prospectus.

Disclaimer: WOMANCART LIMITED has filed the Prospectus with RoC on October 06, 2023. and thereafter with SEBI and Stock Exchanges The Prospectus is available on the Website of SEBI at www.sebi.gov.in  and website of LM, Narnolia Financial Services Limited at www.Narnolia.in. investors should note that investment Equity Shares involve a high degree of risk and for details relating to the same, please see "Risk Factor" beginning on page 29 of the Prospectus.

The Equity Shares have not been and will not be registered under U.S. Securities Act of 1993, as amended ('the Securities Act") or any state securities laws in the United States, and unless so registered, and may not be offered or sold within United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in accordance with any applicable U S. slate securities laws The Equity Shares are being offered and sold outside the United States in ‘offshore transactions' in reliance on Regulations under Securities Act and the applicable laws of each jurisdiction where such offers and sales were made. There will be no public offering in the United States.

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