Basis of Allotment

This is a public announcement for information purposes only and is not a prospectus announcement. This does not constitute an invitation or offer to acquire, purchase or subscribe to securities. This public announcement is not intended for publication or distribution, directly or indirectly outside india.

wpe2.jpg (28366 bytes) DELAPLEX LIMITED
CIN: U72900MH2004PLC144498

Our Company was originally incorporated under the name "Quality Management Concepts Private Limited" under the provisions of the Companies Act. 1956 vide Certificate of Incorporation dated February 12. 2004 issued by the Assistant Registrar of Companies Mumbai. Maharashtra Subsequently the name of the company was changed to 'Q M Computed) Private Limited' vide special resolution passed by the shareholders at the Extra Ordinary General Meeting held on October 05,2012 and a Fresh Certificate of Incorporation pursuant to change of name was issued by Registrar of Companies. Maharashtra. Mumbai dated October 17.2012. Subsequently the name of the company was changed to 'delaPlex Private Limited' vide special resolution passed by the shareholders at the Extra Ordinary General Meeting held on January 18.2019 and a Fresh Certificate of Incorporation pursuant to change of name was issued by Registrar of Companies. Maharashtra. Mumbai dated January 24,2019. Subsequently, the status of the company was changed to public limited and the name of our Company was changed to "delaPlex Limited" vide Special Resolution passed by the Shareholders at the Extra Ordinary General Meeting of our Company held on October 30, 2023. The fresh certificate of incorporation consequent to conversion v/as issued on November 17 , 2023 by the Registered of Companies, Maharashtra. Mumbai. The Corporate Identification Number of our Company is U72900MH2004PLC144498. For further details, please refer to chapter titled "History and Corporate Structure" beginning on page 142 of the Prospectus.

Registered Office: 554/31, Utkarsh Nagar, Near K.T. Nagar, Katol Road, Nagpur - 440013, Maharashtra, India;
Tel: + 91 9766660249 | E-mail: investor@delaplex.in | Website: www.delaplex.in;
Contact Person: Mr. Manishraj Bhuwanchand Bhatt. Company Secretary and Compliance Officer
PROMOTERS OF OUR COMPANY: MR. NITIN SACHDEVA, MR. MANISH SACHDEVA, MR. MARK T. RIVER, MS. PREETI SACHDEVA AND M/S DELAPLEX INC (CORPORATE PROMOTER)
BASIS OF ALLOTMENT

INITIAL PUBLIC OFFER OF 24,00.000 EQUITY SHARES OF FACE VALUE OF Rs.10/- EACH (THE "EQUITY SHARES' ) OF DELAPLEX LIMITED ("OUR COMPANY" OR "DELAPLEX" OR "THE OFFEROR") AT AN OFFER PRICE OF Rs.192/- PER EQUITY SHARE FOR CASH, AGGREGATING TO Rs. 4,608.00 LAKHS COMPRISING OF FRESH OFFER OF 18,00,000 EQUITY SHARES AGGREGATING TO Rs. 3,456.00 LAKHS ("FRESH OFFER") AND AN OFFER FOR SALE OF 6,00,000 EQUITY SHARES BY DELAPLEX INC ("SELLING SHAREHOLDER") AGGREGATING TO Rs.1,152.00 LAKHS ("OFFER FOR SALE") ("PUBLIC OFFER"). THE OFFER INCLUDES A RESERVATION OF 1,22,400 EQUITY SHARES OF FACE VALUE OF Rs.10/- EACH, AT AN OFFER PRICE OF 7192/- PER EQUITY SHARE FOR CASH, AGGREGATING Rs. 235.01 LAKHS WILL BE RESERVED FOR SUBSCRIPTION BY THE MARKET MAKER TO THE OFFER (THE "MARKET MAKER RESERVATION PORTION"). THE PUBLIC OFFER LESS MARKET MAKER RESERVATION PORTION I.E. NET OFFER OF 22,77.600 EQUITY SHARES OF FACE VALUE OF Rs.10/- EACH, AT AN OFFER PRICE OF T192/- PER EQUITY SHARE FOR CASH, AGGREGATING Rs. 4.372.99 LAKHS IS HEREIN AFTER REFERRED TO AS THE "NET OFFER". THE PUBLIC OFFER AND NET OFFER WILL CONSTITUTE 26.34 % AND 25.00 % RESPECTIVELY OF THE POST- OFFER PAID-UP EQUITY SHARE CAPITAL OF OUR COMPANY.

OFFER PRICE: Rs. 192.00 PER EQUITY SHARE OF FACE VALUE Rs. 10/- EACH.
ANCHOR INVESTOR OFFER PRICE: Rs.192.00 PER EQUITY SHARE
THE OFFER PRICE IS 19.2 TIMES OF THE FACE VALUE

RISK TO INVESTORS:

1. Our Equity Shares have never been publicly traded, and may experience price and volume tluctuations following the completion of the Offer. Further, our Equity Shares may not result in an active or liquid market and the price of our Equity Shares may be volatile and you may be unable to resell your Equity Shares at or above the Offer Price or at all.

2. The Merchant Banker associated with the Offer has handled 27 public issues in the past three years out of which none of the Issues closed below the Issue Price on Listing date.

3. The average cost of acquisition of Equity Shares by our Promoters and Selling Shareholder is as follows:

Sr. No.

Name of the Promoters

No of Equity Shares held

Average cost of Acquisition (in Rs.)

1. Mr. Nitin Sachdeva 35,81,895 Nil
2. M's Oelaplex INC (Promoter and Selling Shareholder) 37,28,100 9.68
3. Ms. Preeti Sachdeva 1 50
4. Mr. Manish Sachdeva Nil Nil
5. Mr. Mark T River Nil Nil

4. Weighted average cost of acquisition:

Types of transactions

Weighted average cost of acquisition (Rs. per Equity Shares)

Weighted average cost of acquisition of primary / new issue of shares.

NA

Weighted average cost of acquisition for secondary sale / acquisition of shares.

NA

Since there were no primary or secondary transactions of equity shares of the Company during the 18 months preceding the date of filing of this Red Herring Prospectus, the information has been disclosed for price per share of the Company based on the last five primary or secondary transactions (secondary transactions where Promoter /Promoter Group entities or Selling Shareholders or Shareholder(s) having the right to nominate director(s) on our Board, are a party to the transaction), not older than three years prior to the date of filing of this Red Herring Prospectus irrespective of the size of the transaction.
-Based on primary transactions

Nil

-Based on secondary transactions

50.00

OFFER PROGRAMME

ANCHOR INVESTOR BIDDING DATE WAS: WEDNESDAY, JANUARY 24, 2024

BID/OFFER OPENED ON: THURSDAY, JANUARY 25, 2024

BID/OFFER CLOSED ON: TUESDAY JANUARY 30. 2024

This Otter is being made through the Book Building Process, in terms of Rule 19(2){b) of the Securities Contracts (Regulation) Rules. 1957. as amended ("SCRR") read with Regulation 229 of the SEBIICDR Regulations and in compliance with Regulation 253 of the SEBIICDR Regulations wherein not more than 50.00% of the Net Offer shall be available for allocation on a proportionate basis to Qualified Institutional Buyers ("QIBs") (the "QIB Portion"), provided that our Company and the selling shareholder in consultation with the BRLMs may allocate up to 60.00% of the QIB Portion to Anchor Investors on a discretionary basis ("Anchor Investor Portion"), One-third of the Anchor Investor Portion shall be reserved for domestic Mutual Funds, subject to valid Bids being received from the domestic Mutual Funds at or above the Anchor Investor Allocation Price in accordance with the SEBI ICDR Regulations. In the event of under-subscription or non-allocation in the Anchor Investor Portion, the balance Equity Shares shall be added to the QIB Portion (other than the Anchor Investor Portion) ("Net QIB Portion"). Further, 5.00% of the Net QIB Portion shall be available for allocation on a proportionate basis to Mutual Funds only, and the remainder of the Net QIB Portion shall be available for allocation on a proportionate basis to all QIB Bidders, other than Anchor Investors, including Mutual Funds, subject to valid Bids being received at or above the Offer Price. However, if the aggregate demand from Mutual Funds is less than 5.00% of the Net QIB Portion, the balance Equity Shares available for allocation in the Mutual Fund Portion will be added to the remaining Net QIB Portion for proportionate allocation to QIBs. Further, not less than 15.00% of the Net Offer shall be available for allocation on a proportionate basis to Non-lnstitutional Investors and not less than 35.00% of the Net Offer shall be available for allocation to Retail Individual Investors in accordance with the SEBI ICDR Regulations, subject to valid Bids being received from them at or above the Offer Price. All Potential Bidders, other than Anchor Investors, are required to participate in the Offer by mandatorily utilising the Application Supported by Blocked Amount ("ASBA") process by providing details of their respective ASBA Account (as defined hereinafter) in which the corresponding Bid Amounts will be blocked by the Self-Certified Syndicate Banks f SCSBs") or under the UPI Mechanism, as the case may be, to the extent of respective Bid Amounts. Anchor Investors are not permitted to participate in the Offer through the ASBA process. For details, please refer to the chapter titled "Offer Procedure" on page 221 of the Prospectus.

The bidding for Anchor investors opened and closed on Wednesday. January 24.2024 The Company received 9 Anchor Investor Application Forms from 9 Anchor Investors (including Nil mutual funds through Nil Mutual Fund schemes) for 9.93.000 Equity1 Shares. Such 9 Anchor Investors through 9 Anchor Investor Application Forms were allocated 6,82.800 Equity Shares at a price of Rs.192/- per Equity Share under the Anchor Investor Portion, aggregating to Rs. 13,10.97,600.

The Offer (excluding Anchor Investor Portion) received applications for 31.85.96,400 Equity Shares (before technical rejections and after invalid bids Multiple/Duplicate) resulting in 185.53 times subscription (including reserved portion of market maker). The Details of the Applications received from various categories (before technical rejection) are as under.

Detail of the Applications Received:

Category

Number of applications

No of shares

Reserved

No of times subscriptions

Amount

Retail Individual Investors

2,14,022

12,84,13,200

7,97,400

161.04

2,465,46,78,600

Non-lnstitutional Investors

17,880

11,53,11,600

3,42,000

337.17

2,213,71,52,400

Qualified Institutional Buyers (excluding Anchor Investors)

46

4,07,56,800

4,55,400

89.50

782,53,05,600

Anchor Investors

9

9,93,000

6,82,800

1.46

13,10,97,600

Market Makers

1

1,22,400

1,22,400

1.00

2,35,00,800

TOTAL

2,31,958

28,55,97,000

24,00,000

5,464,06,37,400

Final Demand

A summary of the final demand as per NSE as on the Bid/Offer Closing Date at different Bid Prices is as under:

Sr. No.

Bid Price

Bids Quantity

% of Total

Cumulative Total

% Cumulative Total

1.

186.00

3,30,600

0.1031

3,30,600

0.1031

2.

187.00

28,200

0.0088

3,58,800

0.1119

3.

188.00

27,600

0.0086

3,86,400

0.1205

4.

189.00

37,800

0.0118

4,24,200

0.1323

5.

190.00

1,48,200

0.0462

5,72,400

0.1786

6.

191.00

1,03,200

0.0322

6,75,600

0.2107

7.

192.00

24,43,03,800

76.2077

24,49,79,400

76.42

8.

CUT OFF

7,55,97,000

23.5816

32,05,76,400

100.00

32,05,76,400

100.00

The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - NSE on January 31, 2024

1. Allocation to Retail Individual Investors (After Technical Rejections): The Basis of Allotment to the Retail Individual Investors, who have bid at cut-off Price or at or above the Offer Price of Rs. 192.00 per equity shares, was finalized in consultation with NSE. The category was subscribed by 157.00 times i.e. for 12,51,88,800 Equity Shares. Total number of shares allotted in this category is 7,97,400 Equity Shares to 1.329 successful applicants. 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 this Category

% to Total

No. of Equity Shares allocated.' allotted per Applicant

Ratio

Total No. of Shares Allotted

600

2,08,648

100.00

12,51,88,800

100.00

600

1:157

7,97,400

TOTAL

2,08,648

100.00

12,51,88,800

100.00

600

7,97,400

2. Allocation to Non-lnstitutional Investors (After Technical Rejections): The Basis of Allotment to Other than Retail Individual Investors, who have bid at Offer Price of Rs. 192.00 per equity shares or above, was finalized in consultation with NSE. The category was subscribed by 335.27 times i.e. for 11,46,63,000 shares the total number of shares allotted in this category is 3,42,000 Equity Shares to 459. successful applicants. 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 this Category

% to Total

No of Equity shares Allocated per Applicant

Ratio

Total No. of Shares Allotted

1200

9982

56.72

11978400

10.45

600

5:832

36000

1800

1006

5.72

1810800

1.58

600

9:1006

5400

2400

1086

6.17

2606400

2.27

600

11:919

7800

3000

520

2.95

1560000

1.36

600

1:65

4800

3600

329

1.87

1184400

1.03

600

6:329

3600

4200

312

1.77

1310400

1.14

600

7:312

4200

4800

650

3.69

3120000

2.72

600

8:325

9600

5400

1348

7.66

7279200

6.35

600

9:337

21600

6000

706

4.01

4236000

3.69

600

21:706

12600

6600

201

1.14

1326600

1.16

600

7:201

4200

7200

89

0.51

640800

0.56

600

3:89

1800

7800

70

0.40

546000

0.48

600

3:70

1800

8400

65

0.37

546000

0.48

600

3:65

1800

9000

69

0.39

621000

0.54

600

1:23

1800

9600

39

0.22

374400

0.33

600

2:39

1200

10200

106

0.60

1081200

0.94

600

5:106

3000

10800

64

0.36

691200

0.60

600

3:64

1800

11400

32

018

364800

0.32

600

1:16

1200

12000

128

0.73

1536000

1.34

600

1:16

4800

12600

37

0.21

466200

0.41

600

2:37

1200

3. Allocation to QIBs excluding Anchor Investors (After Technical Rejections): The Basis of Allotment to QIBs. who have bid at Offer Price of Rs.192.00 per equity shares or above, was finalized in consultation with NSE. The category was subscribed by 89.50 times i.e., for 4,07,56.800 shares the total number of shares allotted in this category is 4,55,400 Equity Shares to 46 successful applicants. The category wise details of the Basis of Allotment are as under:

Category

FIS,BANKS

MF'S

IC'S

NBFC'S

AIF

FPI

VC'S

TOTAL

QIB

39600

10200

178200

102600

124800

-

455400

4. Allocation to Anchor Investors (After Technical Rejections & Withdrawal): The Company in consultation with the BRLM has allotted 6,82,800 Equity Shares to 9 Anchor Investors at Anchor Investor Offer Price of Rs. 192.00 per equity shares in accordance with the SEBIICDR Regulations. The category wise details of the Basis of Allotment are as under:

Category

FIS/BANKS

MRS

ICS

NBFC'S

AIF

FPI

OTHERS

TOTAL

ANCHOR

-

-

-

52200

261000

369600

-

682800

5. Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to Market Maker, who have bid at Offer Price of Rs.192.00 per equity shares or above, was finalized in consultation with NSE. The category was subscribed by 1.00 times i.e. for 1,22,400 shares the total number of shares allotted in this category is 1,22,400 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

No of Equity shares Allocated per Applicant

Ratio

Total No. of Shares Allotted

1,22,400

1

100.00

1,22,400

100.00

1,22,400

1:1

1,22,400

TOTAL

1

100.00

1,22,400

100.00

1,22,400

1,22,400

The Board of Directors of the Company at its meeting held on January 31.2024 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 Offer of the Equity Shares to various successful applicants. The CAN-cum-allotment advices and/or notices will forward to the email id's and address of the Applicants as registered with the depositories / as filled in the application form on or before February 01, 2024. Further, the instructions to Self Certified Syndicate Banks for unblocking the amount will process on or prior to February 01. 2024. In case the same is not received within ten 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 NSE Emerge within Three working days from the date of the closure of the Offer.

Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectus dated January 30,2024 ("Prospectus') filed with Registrar of Companies, Mumbai.

INVESTOR PLEASE NOTE

The details of the allotment made would also be hosted on the website of the Registrar to the Offer. Bigshare Services Private Limited at www.bigshareonline.com. All future correspondence in this regard may kindly be addressed to the Registrar to the Offer quoting full name of the First' Sole applicants, serial number of the Bid cum 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:

wpe1.jpg (8147 bytes) BIGSHARE SERVICES PRIVATE LIMITED
Office No. S6-2,6th Floor, Pinnacle Business Park. Next to Ahura Centre, Mahakali Caves Road. Andheri East. Mumbai - 400 093. Maharashtra, India
Tel. No.: +91 22 6263 8200 | Email: ipo@bigshareoniine.com | Website: www.bigshareonline.com
Investor Grievance Email: investor@bigshareonline.com | Contact Person: Mr, Babu Rapheal C | SEBI Registration No.: INR000001385

For Delaplex Limited

Sd/-

Nitin Sachdeva

Date: January 31, 2024

Designation: Chairman & Managing Director

Place: Mumbai

DIN:01627153

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 DELAPLEX LIMITED.

Declaimer: Delaplex Limited is proposing, subject to market conditions, public Offer of its equity shares and has filed the Prospectus with the Registrar of Companies, Mumbai The Prospectus is available on the website of SEBI at www.sebi.gov.in, the website of the Book Running Lead Manager at www.shreni.in website of the NSE at www.nseindia.com and website of Issuer Company at www.delaplex.in Investors should note that investment in Equity Shares involves a high degree of risk. For details, investors shall refer to and rely on the Prospectus including the section titled "Risk Factors" beginning on page 26 of the Prospectus, which has been filed with ROC. The Equity Shares have not been and will not be registered under the US Securities Act (the "Securities Act") or any state securities law in United States and may not be Issued or sold within the United States or to. or for the account or benefit of. "U.S. persons" (as defined in the Regulation S under the Securities Act), except pursuant to an exemption from, or in a transaction not subject to the registration requirements of the Securities Act of 1933.

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