Basis of Allotment

(This is only an advertisement for Information purpose and not a Prospectus announcement. This does not constitute an invitation or offer to acquire, purchase or subscribe for securities. Not for publication or distribution, directly or indirectly outside India)

ONE POINT ONE SOLUTIONS LIMITED

Our Company was originally incorporated as DSA Learning Systems Private Limited at Mumbai, Maharashtra as a Private Limited Company under the provision of Companies Act, 1956 vide Certificate of Incorporation dated May 30,2008 bearing Corporate Identification Number U74900MH2008PTC182869 issued by the Registrar of Companies, Maharashtra, Mumbai. The name of our Company was changed to One Point One Solutions Private Limited pursuant to a Fresh Certificate of Incorporation consequent on change of name, dated December 17,2013, issued by the Registrar of Companies, Maharashtra, Mumbai. Subsequently, our Company was converted into a Public Limited Company pursuant to shareholders resolution passed at Extraordinary General Meeting of our Company held on August 18,2017 and the name of our Company was changed to One Point One Solutions Limited and a Fresh Certificate of Incorporation consequent upon conversion of company to Public Limited, dated October 9, 2017 was issued by Registrar of Companies, Maharashtra, Mumbai. The Corporate Identification number of our Company is U74900MH2008PLC182869. For details of incorporation, Change of name and registered office of our Company, please refer to chapter titled "General Information" and "Our History and Certain Other Corporate Matters" beginning on page 52 and 128 respectively of the Prospectus.

Registered Office: 904, Real Tech Park, Plot No. 39/2, Opp. Vashi Railway Station, Sector 30/A, Vashi, Navi Mumbai, Thane - 400703, IndiaTel No.: 022-61656363; Fax No.: 022-66873899; E-mail: cs@1point.in; Website: www.1point1.in 
Corporate Identification Number: 
U74900MH2008PLC182869 Contact Person: Pritesh Sonawane, Company Secretary and Compliance Officer

PROMOTERS OF OUR COMPANY; AKSHAY CHHABRA AND TECH WORLDWIDE SUPPORT PRIVATE LIMITED

BASIS OF ALLOTMENT

INITIAL PUBLIC OFFER CONSISTING OF FRESH ISSUE OF 66,24,000 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH FULLY PAID FOR CASH AT A PRICE OF RS. 67 PER EQUITY SHARE (THE "ISSUE PRICE") (INCLUDING A SHARE PREMIUM OF RS. 57 PER EQUITY SHARE) AGGREGATING RS. 4438.08 LAKHS (THE "ISSUE"), OF WHICH 3,40,000 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH FOR CASH AT A PRICE OF RS. 67/- PER EQUITY SHARE, AGGREGATING RS. 227.80 LAKHS WILL BE RESERVED FOR SUBSCRIPTION BY THE MARKET MAKER TO THE ISSUE (THE "MARKET MAKER RESERVATION PORTION"). THE ISSUE LESS MARKET MAKER RESERVATION PORTION I.E. ISSUE OF 62,84,000 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH FOR CASH AT A PRICE OF RS. 67/- PER EQUITY SHARE, AGGREGATING RS. 4210.28 LAKHS IS HEREINAFTER REFERRED TO AS THE "NET ISSUE". THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 39.62% and 37.59% RESPECTIVELY OF THE FULLY DILUTED POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY.

Risks to Investors:

I. As on date of the Prospectus, the average cost of acquisition per Equity Share by our Promoters viz. Akshay Chhabra is and Tech Worldwide Support Private Limited is Rs. 1 and Rs. 10 respectively.
II. This being the first public Issue of our Company, there has been no formal market for the Equity Shares. The face value of the Equity Shares is Rs. 10 each. The Floor Price is 6.5 times the face value and the Cap Price is 6.7 times the face value. The Issue Price (determined and justified by our Company in consultation with the BRLM as stated in "Basis for Issue Price" on page 86 of the Prospectus should not be taken to be indicative of the market price of the Equity Shares after the Equity Shares are listed. No assurance can be given regarding an active or sustained trading in the Equity Shares or regarding the price at which the Equity Shares will be traded after listing.

All Investors have participated in this Issue through ASBA process. For details in this regards, specific attention is invited to chapter "Issue Procedure" on page 213 of the Prospectus.

THE FACE VALUE OF EQUITY SHARES IS RS. 10/- EACH.
THE ISSUE PRICE IS RS. 67/- AND IS 6.7 TIMES THE FACE VALUE OF THE EQUITY SHARES
ISSUE OPENED ON: WEDNESDAY, DECEMBER 13, 2017*AND CLOSED ON: FRIDAY, DECEMBER 15, 2017 
*THE ANCHOR INVESTOR BID/ISSUE PERIOD WAS TUESDAY, DECEMBER 12, 2017

In terms of Rule 19(2) (b) (i) of the Securities Contracts (Regulation) Rules, 1957, as amended (the "SCRR") the Issue is being made for at least 25% of the post-Issue paid-up Equity Share capital of our Company wherein 49.94% of the Net Issue was available for allocation on a proportionate basis to QIBs, provided that our Company, in consultation with the BRLM allocated upto 59.97% of the QIB Portion to Anchor Investors on a discretionary basis after adjusting lot size. One-third of the Anchor Investor Portion was 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 in the Anchor Investor Portion, the remaining Equity Shares was added to the QIB Portion. 5% of the QIB Portion (excluding the Anchor Investor Portion) was available for allocation on a proportionate basis to Mutual Funds only, and the remainder of the QIB Portion (excluding Anchor Investor Portion) was available for allocation on a proportionate basis to all QIB Bidders, including Mutual Funds, subject to valid Bids being received at or above the Issue Price. In the event the aggregate demand from Mutual Funds is less than as specified above, the balance Equity Shares available for Allotment in the Mutual Fund Portion will be added to the QIB Portion and allocated proportionately to the QIB Bidders (other than Anchor Investors) in proportion to their Bids. Further not less than 15% of the Net Issue was available for allocation on a proportionate basis to Non Institutional Bidders and Not less than 35% of the Net Issue was available for allocation on a proportionate basis to Retail Individual Bidders, subjectto valid Bids being received at or above the Issue Price. For further details, please referto the chapter titled "Issue Procedure" on page 213 of Prospectus.
The Equity Shares of our Company issued through the Prospectus are proposed to be listed on the EMERGE Platform of National Stock Exchange of India Limited ('NSE EMERGE'),in terms of the Chapter XB of the SEBI (ICDR) Regulations, 2009 as amended from time to time. Our Company has received an approval letter dated November 29, 2017 from NSE EMERGE for using its name in the Issue document for listing of our shares on the EMERGE Platform of National Stock Exchange of India Limited. For the purpose of this Issue, EMERGE Platform of the National Stock Exchange of India Limited shall be the Designated Stock Exchange.

SUBSCRIPTION DETAILS
The Issue has received 34264 applications for 403,974,000 Equity shares (Before Technical Rejections, Multiple Rejections, bids not banked and invalid duplicate bids including Market Maker Application of 3,40,000 Equity Shares. The issue was subscribed to the extent of 85.19 times as per the application data (before technical rejection, multiple rejections, bids not banked and invalid duplicate bids). After considering the technical rejections cases, the issue was subscribed 82.61 times. 

The details of application received (Before Technical Rejection and Multiple Rejections but after bids not banked and invalid duplicate bids).

CATEGORY NUMBER OF
APPLICATIONS
NUMBER OF
EQUITY SHARES
SUBSCRIPTION
Market Maker 1 3,40,000 1.00
Retail Individual Investors 33373 6,67,46,000 30.31
Non Institutional Investors 362 30,74,24,000 325.66
Qualified Institutional Buyer (Excluding Anchor Investors) 11 1,83,12,000 14.58
Anchor Investors 2 29,88,000 1.59
TOTAL 33749 39,58,10,000 59.75

Final Demand

Sr.No. Bid Price No. of Equity Shares Bid % to total Cumulative total of Cumulative total
1. 65.00 1,84,000 0.05% 1,84,000 0.05%
2. 66.00 60,000 0.01% 2,44,000 0.06%
3. 67.00 37,95,76,000 94.01% 37,98,20,000 94.07%
4. CUT-OFF 2,39,32,000 5.93% 40,37,52,000 100%
  Total 40,37,52,000 100.00    

ALLOCATION: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - EMERGE Platform of the National Stock Exchange of India Limited on December 20,2017

A. Allocation to Market Maker (After Technical Rejections and Multiple Rejections): The Basis of Allotment to the Market Maker.at the issue price of Rs.67/- per Equity Share, was finalized in consultation with National Stock Exchange of India Limited. The category was subscribed by 1.00 times. The total number of shares allotted in this category is 3,40,000 Equity shares in full out of reserved portion of 3,40,000 Equity Shares.

B. Allocation to Retail Individual Investors (After Technical Rejections and Multiple Rejections): The Basis of Allotmentto the Retail individual Investors, at the issue price of Rs.67/-per Equity Share, was finalized in consultation with National Stock Exchange of India Limited. The category was subscribed by 29.84 times.Total number of shares allotted in this category is 22,02,000 Equity Shares.The category wise basis of allotment is as under:

No. of Shares
Applied for
(Category wise)
No. Of
Applications
received
to
total
Total No. of
Equity Shares
applied
to
total
Proportionate
Shares
Available
Allocation per
Applicant
(Before
Rounding Off)
Allocation per
Applicant
(After
Rounding Off)
Ratio of
Allottees to the
Applicants
Total No. of
Equity Shares
allotted
Surplus/ 
(Deficit)
2000 32859 100.00 65718000 100.00 2202000 67.01 2000 6:179 2202000 0

C. Allocation to Non Institutional Investor (After Technical Rejection and Multiple Rejections): The Basis of Allotment to Non Institutional Investors, at the issue price of Rs.67/- per Equity Share, was finalized in consultation with National Stock Exchange of India Limited. The category was subscribed by 325.60 times. Total number of shares allotted in this category is 9,44,000 Equity Shares. The category wise basis of allotment is as under:

No. of Shares
Applied for
(Category wise)

 

No. of
Applications
received

 

to
total

 

Total No. of
Equity Shares
applied

 

to
total

 

Proportionate
Shares
Available

 

Allocation per
Applicant (Before
Rounding Off)

 

Allocation per
Applicant (After
Rounding off)

 

Ratio of
Allottees to
the Applicants

 

Total No. of
Equity Shares
allotted

 

Surplus/
(Deficit)

 

4000 64 17.88 256000 0.08 785 12.28 2000 1:64 2000 1215
6000 27 7.54 162000 0.05 498 18.44 2000 1:27 2000 1502
8000 23 6.42 184000 0.06 565 24.57 2000 1:23 2000 1435
10000 17 4.75 170000 0.06 522 30.71 2000 1:17 2000 1478
12000 6 1.68 72000 0.02 221 36.83 2000 1:6 2000 1779
14000 10 2.79 140000 0.05 430 43.00 2000 1:10 2000 1570
16000 6 1.68 96000 0.03 295 49.17 2000 1:6 2000 1705
18000 13 3.63 234000 0.08 719 55.31 2000 1:13 2000 1281
20000 9 2.51 180000 0.06 553 61.44 2000 1:9 2000 1447
22000 4 1.12 88000 0.03 270 67.50 2000 1:4 2000 1730
24000 1 0.28 24000 0.01 74 74.00 2000 1:1 2000 1926
26000 5 1.40 130000 0.04 399 79.80 2000 1:5 2000 1601
28000 3 0.84 84000 0.03 258 86.00 2000 1:3 2000 1742
32000 2 0.56 64000 0.02 197 98.50 2000 1:2 2000 1803
34000 4 1.12 136000 0.04 418 104.50 2000 1:4 2000 1582
36000 5 1.40 180000 0.06 553 110.60 2000 1:5 2000 1447
38000 5 1.40 190000 0.06 584 116.80 2000 1:5 2000 1416
40000 4 1.12 160000 0.05 491 122.75 2000 1:4 2000 1509
42000 1 0.28 42000 0.01 129 129.00 2000 1:1 2000 1871
44000 5 1.40 220000 0.07 676 135.20 2000 1:5 2000 1324
8000 1 0.28 48000 0.02 147 147.00 2000 1:1 2000 1853
58000 1 0.28 58000 0.02 178 178.00 2000 1:1 2000 1822
60000 2 0.56 120000 0.04 369 184.50 2000 1:2 2000 1631
62000 1 0.28 62000 0.02 190 190.00 2000 1:1 2000 1810
66000 1 0.28 66000 0.02 203 203.00 2000 1:1 2000 1797
70000 1 0.28 70000 0.02 215 215.00 2000 1:1 2000 1785
72000 2 0.56 144000 0.05 442 221.00 2000 1:2 2000 1558
74000 1 0.28 74000 0.02 227 227.00 2000 1:1 2000 1773
78000 1 0.28 78000 0.03 240 240.00 2000 1:1 2000 1760
80000 1 0.28 80000 0.03 246 246.00 2000 1:1 2000 1754
82000 1 0.28 82000 0.03 252 252.00 2000 1:1 2000 1748
84000 1 0.28 84000 0.03 258 258.00 2000 1:1 2000 1742
86000 2 0.56 172000 0.06 528 264.00 2000 1:2 2000 1472
90000 3 0.84 270000 0.09 829 276.33 2000 1:3 2000 1171
96000 1 0.28 96000 0.03 295 295.00 2000 1:1 2000 1705
124000 1 0.28 124000 0.04 381 381.00 2000 1:1 2000 1619
126000 1 0.28 126000 0.04 387 387.00 2000 1:1 2000 1613
132000 1 0.28 132000 0.04 405 405.00 2000 1:1 2000 1595
140000 2 0.56 280000 0.09 860 430.00 2000 1:2 2000 1140
144000 1 0.28 144000 0.05 442 442.00 2000 1:1 2000 1558
148000 3 0.84 444000 0.14 1364 454.67 2000 1:3 2000 636
162000 1 0.28 162000 0.05 498 498.00 2000 1:1 2000 1502
164000 1 0.28 164000 0.05 504 504.00 2000 1:1 2000 1496
178000 2 0.56 356000 0.12 1093 546.50 2000 1:2 2000 907
186000 2 0.56 372000 0.12 1142 571.00 2000 1:2 2000 858
194000 1 0.28 194000 0.06 596 596.00 2000 1:1 2000 1404
200000 2 0.56 400000 0.13 1228 614.00 2000 1:2 2000 772
214000 1 0.28 214000 0.07 657 657.00 2000 1:1 2000 1343
220000 1 0.28 220000 0.07 676 676.00 2000 1:1 2000 1324
222000 2 0.56 444000 0.14 1364 682.00 2000 1:2 2000 636
224000 1 0.28 224000 0.07 688 688.00 2000 1:1 2000 1312
240000 1 0.28 240000 0.08 737 737.00 2000 1:1 2000 1263
286000 1 0.28 286000 0.09 878 878.00 2000 1:1 2000 1122
298000 4 1.12 1192000 0.39 3661 915.25 2000 1:2 4000 339
324000 1 0.28 324000 0.11 995 995.00 2000 1:1 2000 1005

 

No. of Shares
Applied for
(Category wise)
No. of
Applications
received
to
total
Total No. of
Equity Shares
applied
to
total
Proportionate
Shares
Available
Allocation per
Applicant (Before
Rounding Off)
Allocation per
Applicant (After
Rounding off)
Ratio of
Allottees to
the Applicants
Total No. of
Equity Shares
allotted
Surplus/
(Deficit)
348000 1 0.28 348000 0.11 1069 1069.00 2000 1:1 2000 931
362000 1 0.28 362000 0.12 1112 1112.00 2000 1:1 2000 888
388000 1 0.28 388000 0.13 1192 1192.00 2000 1:1 2000 808
420000 2 0.56 840000 0.27 2580 1290.00 2000 1:2 2000 -580
422000 1 0.28 422000 0.14 1296 1296.00 2000 1:1 2000 704
424000 1 0.28 424000 0.14 1302 1302.00 2000 1:1 2000 698
426000 1 0.28 426000 0.14 1308 1308.00 2000 1:1 2000 692
428000 1 0.28 428000 0.14 1314 1314.00 2000 1:1 2000 686
448000 2 0.56 896000 0.29 2752 1376.00 2000 1:2 2000 -752
450000 2 0.56 900000 0.29 2764 1382.00 2000 1:2 2000 -764
452000 1 0.28 452000 0.15 1388 1388.00 2000 1:1 2000 612
460000 1 0.28 460000 0.15 1413 1413.00 2000 1:1 2000 587
596000 1 0.28 596000 0.19 1830 1830.00 2000 1:1 2000 170
746000 4 1.12 2984000 0.97 9165 2291.25 2000 1:1 8000 -1165
782000 1 0.28 782000 0.25 2402 2402.00 2000 1:1 2000 -402
894000 1 0.28 894000 0.29 2746 2746.00 2000 1:1 2000 -746
1044000 1 0.28 1044000 0.34 3206 3206.00 2000 1:1 2000 -1206
1346000 1 0.28 1346000 0.44 4134 4134.00 4000 1:1 4000 -134
1492000 1 0.28 1492000 0.49 4582 4582.00 4000 1:1 4000 -582
1790000 1 0.28 1790000 0.58 5497 5497.00 4000 1:1 4000 -1497
2000000 1 0.28 2000000 0.65 6142 6142.00 6000 1:1 6000 -142
2164000 2 0.56 4328000 1.41 13292 6646.00 6000 1:1 12000 -1292
2238000 2 0.56 4476000 1.46 13747 6873.50 6000 1:1 12000 -1747
2282000 1 0.28 2282000 0.74 7009 7009.00 6000 1:1 6000 -1009
2984000 2 0.56 5968000 1.94 18329 9164.50 8000 1:1 16000 -2329
3252000 1 0.28 3252000 1.06 9988 9988.00 8000 1:1 8000 -1988
3358000 1 0.28 3358000 1.09 10313 10313.00 10000 1:1 10000 -313
3732000 1 0.28 3732000 1.21 11462 11462.00 10000 1:1 10000 -1462
4320000 3 0.84 12960000 4.22 39803 13267.67 12000 1:1 36000 -3803
4328000 4 1.12 17312000 5.63 53169 13292.25 12000 1:1 48000 -5169
4400000 15 4.19 66000000 21.47 202700 13513.33 12000 1:1 180000 -22700
4402000 35 9.78 154070000 50.13 473182 13519.49 12000 1:1 420000 -53182
4402000 addItional share is allocated for Serial no 87 in the ratio of 8:35 2000 8:35 16000  

D Allocation to Qualified Institutional Investor (Excluding Anchor Investors and After Technical Rejection and multiple rejections): Qualified Institutional Investor (Excluding Anchor Investors), at the issue price of Rs. 67/-per Equity Share, was finalized in consultation with National Stock Exchange of India Limited.The category was subscribed by 14.58 times.Total number of shares allotted in this category is 12,56,000 Equity Shares. The category wise basis of allotment is as under:

No. of Shares
Applied for
(Category wise)
No. of
Applications
received
to
total
Total No. of
Equity
Shares applied
% to
total
Proportionate
Shares
Available
Allocation per
Applicant (Before
Rounding Off)
Allocation per
Applicant (After
Rounding off)
Ratio of
Allottees to
the Applicants
Total No. of
Equity Shares
allotted
Surplus/ 
(Deficit)
36000 1 9.09 36000 0.20 2469 2469.00 2000 1:1 2000 -469
300000 1 9.09 300000 1.64 20577 20577.00 20000 1:1 20000 -577
480000 1 9.09 480000 2.62 32923 32923.00 32000 1:1 32000 -923
500000 1 9.09 500000 2.73 34294 34294.00 34000 1:1 34000 -294
894000 1 9.09 894000 4.88 61318 61318.00 62000 1:1 62000 682
1118000 1 9.09 1118000 6.11 76682 76682.00 78000 1:1 78000 1318
1194000 1 9.09 1194000 6.52 81895 81895.00 82000 1:1 82000 105
1256000 1 9.09 1256000 6.86 86148 86148.00 86000 1:1 86000 -148
3730000 1 9.09 3730000 20.37 255837 255837.00 256000 1:1 256000 163
4402000 2 18.18 8804000 48.08 603857 301928.50 302000 1:1 604000 143

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

Category Fls/Banks MF's IC's Bodies Corporate AIF Fll FPC Total
QIB 2,56,000 - - 6,82,000 82,000 34,000 2,02,000 12,56,000

E. Allocation to Anchor Investors: Our Company in consultation with the BRLM have allocated 18,82,000 Equity Shares to 2 Anchor Investors (through 2 applications) at the Anchor Investor Issue Price of Rs. 67/- per Equity Share in accordance with SEBI ICDR Regulations. This represents 59.97% of the QIB Portion after adjusting Lot size:

Category Fls/Banks MPs IC's Bodies Corporate AIF Fll FPC Total
Anchor 9,40,000 9,42,000 - - - - - 18,82,000

The Board of Directors of the Company at its meeting held on December 21, 2017 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz. National Stock Exchange of India Limited and authorized corporate action for allotment of shares in dematerialized form to various successful applicants.

The Allotment cum refund advice and/or notices will be dispatched to the address of the Applicants as registered with the depositories. Further, the instructions to SCSBs have been issued on December 21,2017. for unblocking of funds. 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. In case the same is not received within prescribed time, Investors may contact the registrar to the Issue at the address given below. The Company is taking steps to get the Equity Shares admitted for trading on the SME Platform of the National Stock Exchange of India Limited within six working days from the date of the closure of the Issue. The trading is proposed to commence on or before December 26, 2017 subject to receipt of listing and trading approvals from NSE.

INVESTORS PLEASE NOTE

The details of the allotment made will be hosted on the website of the Registrar to the Issue at www.linkintime.co.in.. All future correspondence in this regard may kindly be addressed to the Registrar quoting full name of the First/ Sole applicant, 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:

LINK INTIME INDIA PRIVATE LIMITED
C-101,1st Floor, 247 Park, L.B.S. Marg, Vikhroli (West), 400083, Maharashtra, India 
Tel: +91 22 49186200; Fax: +91 22 49186195
Email: onepointone.ipo@linkintime.co.inWebsite: www.linkintime.co.in 
Investor Grievance Id: onepointone.ipo@linkintime.co.in 
Contact Person: Shanti Gopalkrishnan;  SEBI Registration No.: INR000004058

Date: December 21,2017
Place: 
Mumbai, Maharashtra
For One Point One Solutions Limited
On behalf of the Board of Directors
Sd/-
Akshay Chhabra
Chairman and 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 PROSPECTS OF ONE POINT ONE SOLUTIONS LIMITED.

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