Basis of Allotment

(This is only in advertisement for information purpose and not a Prospectus announcement.)

MOKSH ORNAMENTS LIMITED

Our Company was incorporated as Moksh Ornaments Private Limited under the Companies Act, 1955 and a certificate of incorporation was issued by the Registrar of Companies, Maharashtra, Mumoai on July 19. 2012 Our Company, upon incorporation, took over businesses carried on by Amrit J. Shah and Jawanmal M. Shah as a sole proprietor of M/s. Jineshwar Gold and M/s. Padmavati Jewels respectively. Our Company was subsequently converted into public limited Company pursuant to special resolution passed at the Extra- Ordinary General Meeting of our company held on August 30,2017 and the name of our Company was changed to Moksh Ornaments Limited. A fresh certificate of incorporation consequent upon conversion to public limited Company was issued by the Registrar of Companies, Mumbai dated September 07.2017. For further details of our Company, please refer "General information" and "History and Certain other Corporate Matter" on page numbers 33: and 71, respectively, of the Prospectus.

Corporate Idenlification Number: U36996MH2012PLC233562 | Registered Office: 701.18/22. Champagali. 7th Ftaor. Zaveri Bazaar. Mumbai - 400002. 
Contact Person: Charmy H Variya. Company Secretary and Compliance Officer | Tel: +91 -22-61834395 Website; www.mokshornaments.com | E-mail: cs@mokshornaments.com

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 29,32.000 EQUITY SHARES OF A FACE VALUE OF RS 10 EACH (THE "EQUITY SHARES") OF MOKSH ORNAMENTS LIMITED ("OUR COMPANY" OR "MOL" OR "THE ISSUER") FOR CASH AT A PRICE OF RS 37 PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF RS 27.00 PER EQUITY SHARE) (ISSUE PRICE") AGGREGATING TO RS 1103.34 LAKHS ("THE ISSUE ") OF WHICH 1,56,000 EQUITY SHARES AGGREGATING TO RS 57.72 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 28,26,000 EQUITY SHARES OF FACE VALUE OF RS 10.00 EACH AT AN ISSUE PRICE OF RS   37.00 PER EQUITY SHARE AGGREGATING TO RS 1045,62 LAKHS IS HEREINAFTER REFERRED TO AS THE NET ISSUE". THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 27.79% AND 26.33%. RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY, FOR FURTHER DETAILS. PLEASE REFER "TERMS OF THE ISSUE" ON PAGE 139 OF THE PROSPECTUS. 
THIS ISSUE IS BEING MADE IN TERMS OF CHAPTER XB OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (lSSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS. 2009(THE "SEBI ICDR REGULATIONS "),AS AMENDED. THIS ISSUE IS A FIXED PRICE ISSUE AND ALLOCATION IN THE NET ISSUE TO THE PUBLIC WILL BE MADE IN TERMS OF REGULATION 43(4) OF THE SEBI (ICDR) REGULATIONS. 2009. AS AMENDED. FOR FURTHER DETAILS, PLEASE REFER TO SECTION TITLED "ISSUE PROCEDURE" BEGINNING ON PAGE 146 OF THE PROSPECTUS.

THE FACE VALUE OF THE EQUITY SHARES IS RS 10.00 EACH AND 
THE ISSUE PRICE IS RS 37.00. THE ISSUE PRICE IS 3.70 TIMES OF THE FACE VALUE.
ISSUE OPENED ON THURSDAY DECEMBER 21, 2017 AND CLOSED UN TUESDAY, DECEMBER 26, 2017.

The Equity Shares offered through the Prospectus are proposed to be listed on the Emerge Platform of National Stock Exchange of India Limited (*NSE Emerge*) in term of the Chapter XB of the SEBI (ICDR) Regulations, as amended from time to time. Our Company has received an in-principle approval letter dated November 30,2017 from National Stock Exchange of India Limited for using its name in the Offer Document for listing of our shares on the Emerge Platform of National Stock Exchange of India Limited. For the purpose of this Issue, the Designated Stock Exchange wil be the National Stock Exchange of India Limited. The trading is proposed to be commenced on of about January 03, 2014*. * Subject to receipt of listing and trading approvals from National Stock Exchange of India Limited.
All Applicant 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").

SUBSCRIPTION DETAILS

The Issue has received 40,596 applications for 28,84,89.000 Equity Shares (Before Technical Rejections but after invalid bids and bids not banked/blocked) (including Market MaKer Application of 1,56,000 Equity Shares) resulting in 97.74 times subscription. After considering, a Technical Rejection case, the issue was subscribed 96.04 times (including the Market Maker Portion). The details of the applications received in the issue (before technical rejections) are as follows:
Detail of the Applications Received (Before Technical Rejection):

Category Number of Applications % to Total Number of Equity Shares to Total Subscription (Times)
Market Maker

1

0.002 1,56,000 0.05 1.00
Retail individual Investors 40,181 98.98 12,05,43,000 41.79 85.30
Other than Retail Individual Investors 414 1.02 16,77, 90,000 58.16 118.75
TOTAL 40,596 100.00 28,84,89,000 100.00 96.74

The details of applications rejected by the Registrar on technical grounds (including withdrawal are detailed below:

Category No. of Applications No. of Equity Shares
Market Maker - -
Retail Individual Investors 561 16,83,000
Other than Retail Individual Investors 5 4,17,000
TOTAL 566 21,00,000

After eliminating technically, rejeted application, the following tables give us category wise net valid applications:

Category Number of 
Applications
% to Total Proportionate 
Shares Available
Valid Shares 
Applied
% to Total Subscription 
(Times)
Marke: Maker 1 0,002 1,56,000 1,56,000 0.05 1.00
Retail Individual Investors 39,620 98,98 14,13,000 11,08,60.000 41.50 84.11
Other than Retail Individual Investors 409 1,02 14,13,000 16,73,71,000 58.45 118.45
TOTAL 40,030 100.00 29,82,000 28,63,89,000 100.00 96.04

ALLOCATION: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - National Stock Exchange of India Limited on December 29, 2017

A. ALLOCATION TO MARKET MAKER (AFTER TECHNICAL REJECTIONS & WITHDRAWAL); The Basis of Allotment to the Market Maker, at the Issue price of Rs 37 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 1,50,000 Equity shares.
B. Allocation to Retail Individual Investors (After Technical Rejections): the Basis of Allotment to the Retail Individual Investors, at the issue price of Rs 37 per Equity Share, was finalized in consultation with NSE. The category was subscribed by 84.11 times. Total number of shares allotted In this category is 14,13,000 Equity Shares to 471 successful applicants. 
The category wise details of the Basis of Allotment are as under:

No. of Equity
Shares
Applied for
(Category
wise)
No.
of
Appli
cations
received
% to
Total
Total No.
of Equity
Shares ap-
plied in this
Category
% of
Total
Propor
tionate
Shares
Available
Allocation
per Applicant
(before
rounding off)
Allocation
per Applicant
(after rourid-
ing off)
Ratio of
Allottees
to
Appli
cants
Number of
Successful
applicants
(after round-
ing off)
Total No.
of Equity
Shares
allocated /
allotted
No. of
Shares
Surplus
/Deficit
3,000 39,620 100 11,88,60,000 100 14,13,000 35,66 3,000 1:84 471 14,13,000 0
TOTAL 39,620 100 11,88,60,000 100 14,13,000       471 14,13,000 0

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 37 per Equity Share, was finalized in consultation; with NSE. The category was subscribed by 118.45 times. Total number of shares allotted in this category is 14,13,000 Equity Shares to 126 successful applicants.
The category wise basis of allotment is as under:

No. of Equity
Shares
Applied for
(Category
wise)
No.
of
Appli
cations
received
%
to
Total
Total No.
of Equity
Shares ap-
plied in this
Category

of
Total
Propor
tionate
Shares
Available
Allocation
per Applicant
(before
rounding off)
Allocation
per Applicant
(after round-
ing off)
Ratio of
Allottees
to
Appli
cants
Number of
Successful
applicants
(after round-
ing off)
Total No.
of Equity
Shares
allocated /
allotted
No. of
Shares
Surplus
/Deficit
6000 109 26.65 654000 0.39 5521 50.65 3000 2:109 2 6000 479
9000 39 9.54 351000 0.21 2963 75.98 3000 1:39 1 3000 37
12000 22 5.33 264000 0.16 2229 101.31 3000 1:22 1 3000 771
15000 20 4.89 300000 0.18 2533 126.63 3000 1:20 1 3000 467
18000 13 3.18 234000 0.14 1975 151.96 3000 1:13 1 3000 1025
21000 6 1.47 126000 0.08 1064 177.29 3000 0:6 0 0 (1064)
24000 6 1.47 144000 0.09 1216 202.61 3000 0:6 0 0 (1216)
27000 13 3.18 351000 0.21 2963 227.94 3000 1:13 1 3000 37
30000 5 1.22 150000 0.09 1266 253.27 3000 0:5 0 0 (1266)
33000 4 0.98 132000 0.08 1114 278.59 3000 0:4 0 0 (1114)
36000 5 1.22 180000 0.11 1520 303.92 3000 1:5 1 3000 1480
39000 6 1.47 234000 0.14 1975 329.25 3000 1:6 1 3000 1025
42000 3 0.73 126000 0.08 1064 354.57 3000 0:3 0 0 (1064)
45000 1 0.24 45000 0.03 380 379.90 3000 0:1 0 0 (380)
48000 4 0.98 192000 0.11 1621 405.23 3000 1:4 1 3000 1379
51000 4 0.98 204000 0.12 1722 430.55 3000 1:4 1 3000 1278
54000 1 0.24 54000 0.03 456 455.88 3000 0:1 0 0 (456)
60000 2 0.49 120000 0.07 1013 506.53 3000 0:2 0 0 (1013)
63000 1 0.24 63000 0.04 532 531.86 3000 0:1 0 0 (532)
66000 5 1.22 330000 3.20 2786 557.19 3000 1:5 1 3000 214
69000 5 1.22 345000 0.21 2913 582.51 3000 1:5 1 3000 87
72000 1 0.24 72000 0.04 608 607.84 3000 0:1 0 0 (608)
84000 1 0.24 84000 0.05 709 709.15 3000 0:1 0 0 (709)
87000 1 0.24 87000 0.05 734 734.47 3000 0:1 0 0 (734)
93000 1 0.24 93000 0.06 785 785.13 3000 0:1 0 0 (785)
108000 1 0.24 108000 0.06 912 911.76 3000 0:1 0 0 (912)
114000 1 0.24 114000 0.07 962 962.41 3000 0:1 0 0 (962)
117000 1 0.24 117000 0.07 988 987.74 3000 0:1 0 0 (988)
120000 2 0.49 240000 0.14 2026 1013.07 3000 1:2 1 3000 974
123000 1 0.24 123000 0.07 1038 1038.39 3000 0:1 0 0 (1038)
129000 1 0.24 129000 0.08 1089 1089.05 3000 0:1 0 0 (1089)
135000 1 0.24 135000 0.08 1140 1139.70 3000 0:1 0 0 (1140)
141000 1 0.24 141000 0.08 1190 1190.35 3000 0:1 0 0 (1190)
147000 1 0.24 147000 0.09 1241 1241.01 3000 0:1 0 0 (1241)
153000 1 0.24 153000 0.09 1292 1291.66 3000 0:1 0 0 (1292)
156000 1 0.24 156000 0.09 1317 1316.99 3000 0:1 0 0 (1317)
159000 1 0.24 159000 0.09 1342 1342.31 3000 0:1 0 0 (1342)
162000 1 0.24 162000 0.10 1368 1367.64 3000 0:1 0 0 (1368)
168000 1 0.24 168000 0.10 1418 1418.29 3000 0:1 0 0 (1418)
171060 1 0.24 171000 0.10 1444 1443.62 3000 0:1 0 0 (1444)
180000 1 0.24 180000 0.11 1520 1519.60 3000 1:1 1 3000 1480
186000 1 0.24 186000 0.11 1570 1570.25 3000 1:1 1 3000 1430
210000 1 0.24 210000 0.13 1773 1772.87 3000 1:1 1 3000 1227
228000 1 0.24 228000 0.14 1925 1924.83 3000 1:1 1 3000 1075
240000 1 0.24 240000 0.15 2026 2026.13 3000 1:1 1 3000 974
243000 1 0.24 243000 0.15 2051 2051.46 3000 1:1 1 3000 949
246000 1 0.24 246000 0.15 2077 2076.79 3000 1:1 1 3000 923
255000 1 0.24 255000 0.15 2153 2152.77 3000 1:1 1 3000 847
264000 1 0.24 264000 0.16 2229 2228.75 3000 1:1 1 3000 771
270000 8 1.96 2160000 1.29 18235 2279.40 3000 3:4 6 18000 (235)
279000 1 0.24 279000 0.17 2355 2355.35 3000 1:1 1 3000 645
282000 2 0.49 564000 0.34 4761 2380.71 3000 1:1 1 3000 (1761)
285000 1 0.24 285000 0.17 2406 2406.03 3000 1:1 1 3000 594
288000 1 0.24 288000 0.17 2431 2431.36 3000 1:1 1 3000 569
291000 1 0.24 291000 0.17 2457 2456.69 3000 1:1 1 3000 543
297000 1 0.24 297000 0.18 2507 2507.34 3000 1:1 1 3000 493
300000 2 0.49 600000 0.36 5065 2532.67 3000 1:1 2 6000 935
324000 1 0.24 324000 0.19 2735 2735.28 3000 1:1 1 3000 265
360000 2 0.49 720000 0.43 6078 3039.20 3000 1:1 2 6000 (78)
408000 1 0.24 408000 0.24 3444 3444.43 3000 1:1 1 3000 (444)
432000 1 0.24 432000 0.26 3647 3647.04 3000 1:1 1 3000 (647)
453000 1 0.24 453000 0.27 3824 3824.33 3000 1:1 1 3000 (824)
522000 1 0.24 522000 0.31 4407 4406.84 3000 1:1 1 3000 (1407)
525000 1 0.24 525000 0.31 4432 4432.17 3000 1:1 1 3000 (1432)
540000 2 0.49 1080000 0.65 9118 4558.80 3000 1:1 2 6000 (3118)
540000*             3000 1:2   3000 3000
570000 1 0.24 570000 0.34 4812 4812.07 6000 1:1 1 6000 1188
600000 1 0.24 600000 0.36 5065 5065.33 6000 1:1 1 6000 935
603060 1 0.24 603000 0.36 5091 5090.66 6000 1:1 1 6000 909
606000 1 0.24 606000 0.36 5116 5115.99 6000 1:1 1 6000 884
609000 1 0.24 609000 0.36 5141 5141.31 6000 1:1 1 6000 859
612000 1 0.24 612000 0.37 5167 5166.64 6000 1:1 1 6000 833
615000 1 0.24 615000 0.37 5192 5191.97 6000 1:1 1 6000 808
660000 1 0.24 660000 0.39 5572 5571.87 6000 1:1 1 6000 428
669000 1 0.24 669000 0.40 5648 5647.85 6000 1:1 1 6000 352
672000 1 0.24 672000 0.40 5673 5673.17 6000 1:1 1 6000 327
675000 5 1.22 3375000 2.02 28492 5698.50 6000 1:1 5 30000 1508
753000 1 0.24 753000 0.45 6357 6356.99 6000 1:1 1 6000 (357)
801000 1 0 24 801000 0.48 6762 6762.22 6000 1:1 1 6000 (762)
804000 1 0.24 804000 0.48 6788 6787.55 6000 1:1 1 6000 (783)
807000 1 0.24 807000 0.48 6813 6812.87 6000 1:1 1 6000 (813)
810000 3 0.73 2430000 1.45 20515 6838.20 6000 1:1 3 18000 (2515)
810000*             3000 1:3   3000 3000
813000 1 0.24 813000 0.49 6864 6863.53 6000 1:1 1 6000 (864)
816000 1 0.24 816000 0.49 6889 6888.85 6000 1:1 1 6000 (869)
819000 1 0.24 819000 0.49 6914 6914.18 6000 1:1 1 6000 (914)
903000 1 0.24 903000 0.54 7623 7623.33 6000 1:1 1 6000 (1623)
906000 1 0.24 906000 0.54 7649 7648.65 6000 1:1 1 6000 (1649)
909000 1 0.24 909000 0.54 7674 7673.98 6000 1:1 1 6000 (1674)
912000 1 0.24 912000 0.54 7699 7699.31 6000 1:1 1 6000 (1699)
945000 1 0.24 945000 0.56 7978 7977.90 9000 1:1 1 9000 1022
972000 1 0.24 972000 0.58 8206 8205.84 9000 1:1 1 9000 794
1344000 1 0.24 1344000 0.80 11346 11346.35 12000 1:1 1 12000 654
1347000 1 0.24 1347000 0.80 11372 11371.67 12000 1:1 1 12000 628
1350000 3 0.73 4050000 2.42 34191 11397.00 12000 1:1 3 36000 1809
1689000 1 0.24 1689000 1.01 14259 14258.91 15000 1:1 1 15000 741
2430000 1 0.24 2430000 1.45 20515 20514.60 21000 1:1 1 21000 485
2559000 2 0.49 5118000 3.06 43207 21603.65 21000 1:1 2 42000 (1207)
2796000 1 0.24 2796000 1.67 23604 23604.45 24000 1:1 1 24000 396
2808000 10 2.44 28080000 16.78 237058 23705.76 24000 1:1 10 240000 2942
2814000 19 4.65 53466000 31.94 451372 23756.41 24000 1:1 19 456000 4628
2826000 9 2.20 25434000 15.20 214721 23857.72 24000 1:1 9 216000 1279
TOTAL 409 100 167373000 100 1413000       126 1413000 0

*please note-additional lot of 3000 equity shares given in applied shares category of 5,40, 000 and 8,10,000. equity shares after proportionate allocation.

The Board of Directors of the Company at Its meeting held on December 29, 2017 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz. NSE and has authorized the corporate action for allotment of shares in dematerialized form to various successful applicants,
The CAN and allotment advice and/or rejection letters will be dispatch to the address of the Applicants as registered with the depositories / as filled in the application form on January 01, 2018. further, the instructions to Sell Certified Syndicate Banks being processed on December 30, 2017, In case the same is not received within prescribed time, 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 tor trading on the Emerge Platform of National Stock Exchange of India Limited 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 December 15, 2017 ("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 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 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:

BIGSHARE SERVICES PRIVATE LIMITED
1sl Floor, Bharat Tin Works Bhuilding, Opposite Vasasnt Oasis,
Makwana Road, Marol. Andheri East. Mumbai - 400 059.
Tel. No.: +91 22-62638200 | Fax No.: +91 22-62638299
Email: ipo@bigshareonline.com | Website: www.bigshareonline.com
Investor Grievance Emailipo@bigshareonline.com | Contact Person: Jibu John
SEBI Registration Number: INR000001385

Place: Mumbai, Maharashtra

Date: January 02, 2018

For Moksh Ornaments Limited
On behalf of Board of Directors
Sd/-
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 MOKSH ORNAMENTS LIMITED.