Our Company was incorporated as Paradeep Parivahan Private Limited under the provisions of the Companies Act, 1956 vide certificate of incorporation dated November 17,2000 issued by Registrar of Companies, Odisha. Subsequently, our Company was converted into a Public Limited Company pursuant to shareholder's resolution passed at the Extra Ordinary General Meeting of the Company held on March 06,2024 and the name of our Company was changed from "Paradeep Parivahan Private Limited" to "Paradeep Parivahan Limited" vide a fresh Certificate of Incorporation dated June 03,2024 having CIN U630900R2000PLC006379 issued by the Registrar of Companies, Central Processing Centre. For details of change in name and registered office of our Company, please refer to chapter titled "Our History and Certain Other Corporate Matters" beginning on page 150 of the Prospectus.

The Issue is being made in accordance with Chapter IX of the SEBI (ICDR) Regulations,2018 (IPO of Small and Medium Enterprises) and the equity shares are proposed to be listed on BSE SME (SME platform of BSE Ltd.)

• The BRLM associated with the Issue (Share India Capital Services Private Limited) has handled 14 public issues in last three years (All of them being SME Issues) & None of them were listed at Discount. For further details of "Risk Factors" refer page 30 of Prospectus.

• The Issue Price at the upper end of the Price Band is Rs9 8 - per Equity Share.

• The average cost of acquisition of Equity Shares by our Promoters is:

• The Return on Net worth for the 6-month period ended on September 30,2024, is 8.64% which is not annualized, and weighted average return on Net worth for Fiscals 2024,2023 and 2022 is 21.72%

The Issue is being made through the Book Building Process, in terms of Rule 19(2)(b)(i) of the Securities Contracts (Regulation) Rules, 1957, as amended (the "SCRR") read with Regulation 253 of the SEBIICDR Regulations, as amended, wherein not more than 50% of the Net Issue shall be allocated on a proportionate basis to Qualified Institutional Buyers (the "QIBs", the "QIB Portion"), provided that our Company may, in consultation with the Book Running Lead Manager, allocate up to 60% of the QIB Portion to Anchor Investors on a discretionary basis in accordance with the SEBI ICDR Regulations (the "Anchor Investor Portion"), of which one-third shall be reserved for domestic Mutual Funds, subject to valid Bids being received from domestic Mutual Funds at or above the Anchor Investor Allocation Price. In the event of under-subscription, or non-allocation in the Anchor Investor Portion, the balance Equity Shares shall be added to the Net QIB Portion. Further, 5% of the Net QIB Portion shall be available for allocation on a proportionate basis only to Mutual Funds, and the remainder of the Net QIB Portion shall be available for allocation on a proportionate basis to all QIBs, including Mutual Funds, subject to valid Bids being received at or above the Issue Price. However, if the aggregate demand from Mutual Funds is less than 5% 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% of the Net Issue shall be available for allocation on a proportionate basis to Non-lnstitutional Bidders and not less than 35% of the Net Issue shall be available for allocation to Retail Individual Bidders in accordance with the SEBI ICDR Regulations, subject to valid Bids being received at or above the Issue Price. All potential Bidders (except Anchor Investors) are required to mandatorily utilize the Application Supported by Blocked Amount (the "ASBA") process providing details of their respective ASBA accounts, and UPI ID in case of RIBs using the UPI Mechanism, if applicable, in which the corresponding Bid Amounts will be blocked by the SCSBs or by the Sponsor Bank 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 Issue through the ASBA process. For details, see "Issue Procedure" on page 245. The Company received 09 Anchor Investor Application Forms from 09 Anchor Investors (including NIL mutual funds through NIL Mutual Fund schemes) for 11,92,800 Equity Shares. Such 09 Anchor Investors through 09 Anchor Investor Application Forms were allocated 11,92,800 Equity Shares at a price of Rs.98/- per Equity Share under the Anchor Investor Portion, aggregating to Rs. 11,68,94,400.00.

The issuer was subscribed to the extent of 1.62 times (including the Anchor Investor Portion) as per the bid books of BSE (the "Bid Files") after removing multiple and duplicate bids & Bid not bank cases. The Details of the Applications received from various categories (before technical rejection) are as under:

Detail of the Applications Received:

The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - BSE on March 20,2025

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 Issue Price of Rs98.00 per equity shares, was finalized in consultation with BSE. The category was subscribed by [1.58] times i.e. for [22,03,200] Equity Shares. Total number of shares allotted in this category is 13,93,200 Equity Shares to [1161] successful applicants. The category wise details of the Basis of Allotment are as under:

2) Allocation to Non-Institutional 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 Issue Price of Rs 98.00 per equity shares, was finalized in consultation with BSE, The category was subscribed by [2.63] times i.e. for [1569600] Equity Shares. Total number of shares allotted in this category is 5,97,600 Equity Shares to [162] successful applicants. The category wise details of the Basis of Allotment are as under:

3) Allocation to QIBs excluding Anchor Investors (After Technical Rejections): The Basis of Allotment to the Retail Individual Investors, who have bid at cut-off Price orator above the Issue Price of Rs 98.00 per equity shares, was finalized in consultation with BSE. The category was subscribed by [1.33] times i.e. for 10,63,200 Equity Shares. Total number of shares allotted in this category is -7,96,800 Equity Shares to 9 successful applicants. The category wise details of the Basis of Allotment are as under:

4) Allocation to Anchor Investors (After Technical Rejections & Withdrawal): The Company in consultation with the BRLM has allotted 11,92,800 Equity Shares to 9 Anchor Investors at Anchor Investor Issue Price of Rs98 per equity shares in accordance with the SEBIICDR Regulations. The category wise details of the Basis of Allotment are as under:

The Basis of Allotment to Market Maker, who have bid at Issue Price of Rs98.00 per equity shares or above, was finalized in consultation with BSE. The category was subscribed by 1.00 times i.e. for 5,97,600 shares the total number of shares allotted in this category is 5,97,600 Equity Shares. The category wise details of the Basis of Allotment are as under:

The Board of Directors of the Company at its meeting held on March -20,2025, has approved the Basis of Allocation of Equity Shares as approved by the Designated Stock Exchange viz. BSE and has authorized the corporate action for the issue 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 March 21, 2025. Further, the instructions to Self Certified Syndicate Banks for unblocking the amount will process on or prior to March 21,2025. In case the same is not received within ten days, investors may contact atthe address given below. The Equity Shares allocated to successful applicants are being credited to their beneficiary accounts subjectto validation of the account details with the depositories concerned. The Company is taking steps to get the Equity Shares admitted for trading on the SME platform of BSE within three 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 March 20,2025 (the "Prospectus") filed with Registrar of Companies, Cuttack.

The details of the allotment made would also be hosted on the website of the Registrar to the Issue, Bigshare Services Private Limited at www.bigshareonline.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 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:

THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OFEITHER THE MARKET PRICE OF THE EQUITY SHARES ON LISTING ORTHE BUSINESS PROSPECTS OFPARADEEPPARIVAHAN LIMITED.

Disclaimer: Paradeep Parivahan Limited has filed a Prospectus dated March 20, 2025, with the ROC. The Prospectus shall be made available on the website of the SEBI at www.sebi.gov.in as well as on the website of the BRLM i.e., Share India Capital Services Private Limited at www.shareindia.com, the website of the BSE at www.bsesme.com. Any potential investor should note that investment in equity shares involves a high degree of riskand for details relating to such risks, see "Risk Factors" on page 30 of the Prospectus. The Equity Shares issued in the Issue have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act") or any state securities laws in the United States and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons" (as defined in Regulation of the Securities Act), except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. Accordingly, the Equity Shares will be offered and sold (i) within the United States only to persons reasonably believed to be "Qualified Institutional Buyers" (as defined in Rule 144A of the Securities Act) under Section 4 (a) of the Securities Act and (ii) outside the United States in an offshore transaction in reliance on Regulation S under the Securities Act and the applicable laws of the jurisdiction where those offer and sales occur. The Equity Shares have not been and will not be registered, listed, or otherwise qualified in any other jurisdiction outside India and may not be offered or sold, and Applications may not be made by persons in any such jurisdiction, except in compliance with the applicable laws of such jurisdiction.