BASIS OF ALLOTMENT
Shree Vasu Logistics Ltd.
Basis of Allotment

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 Not for publication or distribution, directly or indirectly outside India.)

SHREE VASU LOGISTICS LIMITED

Our Company was originally incorporated as 'Shree Vasu Logistics Private Limited' at Raipur, Chhattisgarh as a Private Limited Company under the provisions of Companies Act, 1956 vide Certificate of Incorporation dated March 21,2007 bearing Corporate Identification Number U51109CT2007PTC020232 issued by Registrar of Companies, Madhya Pradesh and Chattisgarh. Subsequently, it was converted into a public limited company pursuant to shareholders resolution passed at Extra-ordinary General Meeting of our Company held on January 18,2018 and the name of our Company was changed to Shree Vasu Logistics Limited vide a fresh certificate of incorporation dated February 06, 2018, issued by Registrar of Companies, Chhattisgarh. The Corporate Identification Number of our Company is U51109CT2007PLC020232. For further 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 62 and page 132 of the Prospectus.

Registered Office: Logistics Park, Opp. Jaika Automobiles, Ring Road No. 1 Raipur 492001, Chhattisgarh, India.
Corporate Identification Number: U51109CT2007PLC020232 Tel. No.: 0771-6614848; Fax No. Not Available
Contact Person: Monalisa Patni, Company Secretary and Compliance Officer
Email:cs@logisticpark.bizWebsite: www.shreevasulogistics.com

PROMOTERS OF OUR COMPAMY: ATUL GARG AND SHREE BHUSHAN GARG

BASIS OF ALLOTMENT

INITIAL PUBLIC ISSUE OF 20,64,000 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH ("EQUITY SHARES") OF SHREE VASU LOGISTICS LIMITED (THE "COMPANY" OR THE "ISSUER") FOR CASH AT A PRICE OF RS. 45/- PER EQUITY SHARE, INCLUDING A SHARE PREMIUM OF RS. 35/- PER EQUITY SHARE (THE "ISSUE PRICE"), AGGREGATING RS. 928.80 LAKHS ("THE ISSUE"), OF WHICH 1,08,000 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH FOR CASH AT A PRICE OF RS. 45/- PER EQUITY SHARE, AGGREGATING RS. 48.60 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 19,56,000 EQUITY SHARES OF FACE VALUE OF RS. 10 EACH FOR CASH AT A PRICE OF RS. 45/- PER EQUITY SHARE, AGGREGATING RS. 880.20 LAKHS IS HEREINAFTER REFERED TO AS THE "NET ISSUE". THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 27.00% AND 25.59% RESPECTIVELY OF THE FULLY DILUTED POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY.

Risk to Investors:

I. As on date of the Prospectus, the average cost of acquisition per Equity Share by our Promoters viz. Atul Garg is Rs. 1.97 and Shree Bhushan Garg is Rs. 2.20. In terms of Prospectus dated May 09,2018 and as per Regulation 43(4) of SEBI (ICDR) Regulations, 2009 wherein:

a) A minimum of 50% of the Net Offer to Public shall initially be made available to Retail Individual Investors.

b) The balance net offer of shares to the public shall be made available for allotment to 
(i) individual applicants other than retail investors and
(ii) other investors including corporate bodies / institutions irrespective of no. of shares applied for.

C) the unsubscribed portion of the net offer to any one of the categories specified in (a) or (b) shall/may be made available for allocation in any other category, if so required.

Explanation: for the purpose of Regulation 43(4) of SEBI (ICDR) Regulations, 2009, if the retail individual investor is entitled to more than fifty percent, on proportionate basis, the retail individual investors shall be allocated that higher percentage. 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 208 of the Prospectus.

THE FACE VALUE OF THE EQUITY SHARES IS RS. 10.00 EACH. THE ISSUE PRICE OF RS. 45.00 IS
4.5 TIMES OF THE FACE VALUE OF THE EQUITY SHARES. 
ISSUE OPENED ON MAY 23, 2018 AND CLOSED ON MAY 25, 2018

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 in - principle approval letter dated April 16,2018 from National Stock Exchange of India Limited 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, the National Stock Exchange of India Limited shall be the Designated Stock Exchange.

SUBSCRIPTION DETAILS

The Issue has received 309 applications for 28,62,000 Equity shares (Before Technical Rejections but after Bids not Banked and Invalid Duplicate Bids, Bid not registered) (including Market Maker Application of 1,08,000 Equity Shares) resulting 1.386 times subscription. After considering, Technical Rejection cases, the issue was subscribed 1.363 times (including the Market Maker Portion). 
The details of application received (Before Technical Rejection and after Bids not banked)

CATEGORY NUMBER OF 
APPLICATIONS
NUMBER OF 
EQUITY SHARES
SUBSCRIPTION
Market Makers 1 1,08,000 1.00
Other than Retail Individual Investors 42 19,56,000 2.00
Retail Individual Investors 266 7,98,000 0.82
TOTAL 309 28,62,000 1.39

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

CATEGORY NUMBER OF
APPLICATIONS
NUMBER OF
EQUITY SHARES
Market Makers - -
Other than Retail Individual Investor's 2 36000
Retail Individual Investor's 4 12000
TOTAL 6 48000

Detail of the Applications Received (After Technical Rejection):

CATEGORY NUMBER OF 
APPLICATIONS
NUMBER OF 
EQUITY SHARES
SUBSCRIPTION
Market Makers 1 1,08,000 1.00
Other than Retail Individual Investors 40 19,20,000 1.64*
Retail Individual Investors 262 7,86,000 0.80
TOTAL 303 28,14,000 1.39

*the under subscribed portion of 1,92,000 Equity Shares from retail individual investors category have been spilled over to Non retail Individual Investors category.

ALLOCATION: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - NSE on May 30, 2018

A. Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the issue price of Rs. 45/- per Equity Share, was finalized in consultation with NSE. The category was subscribed by 1.00 times. The total number of shares allotted in this category is 1,08,000 Equity shares in full out of reserved portion of 1,08,000 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. 45/- per Equity Share, was finalized in consultation with NSE. The category was subscribed by 0.80 times. Total number of shares allotted in this category are 7,86,000 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 OH)
Ratio of
Allottees to the
Applicants
Total No. of
Equity Shares Allotted
Surplus / (Deficit)
3,000 262 100.00 786000 100.00 978000 3000.00 3,000 1:1 786000 (192000)

C. Allocation to Other than Retail Individual Investor (After Technical Rejection): The Basis of Allotment to other than Retail Individual Investors, at the issue price of Rs 45/- per Equity Share, was finalized in consultation with NSE. The category was subscribed by 1.64 times. Total number of shares allotted in this category is 11,70,000 Equity Shares. The category wise basis of allotment is as under:

Sr.
No
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)
1 6000 1 2.50 6000 0.31 3656 3656.00 3000 1:1 3000 (656)
2 9000 3 7.50 27000 1.41 16453 5484.33 6000 1:1 18000 1547
3 12000 5 12.50 60000 3.13 36563 7312.60 6000 1:1 30000 2.56
  3000 additional share is allocated for serial no 3 in ratio of 2:5     6000 6000
4 15000 2 5.00 30000 1.56 18281 9146.50 9000 1:1 18000 (281)
5 21000 1 2.50 21000 1.09 12797 12797.00 12000 1:1 12000 (797)
6 24000 2 5.00 48000 2.50 29250 14625.00 15000 1:1 30000 750
7 30000 9 22.50 270000 14.06 164531 18281.22 18000 1:1 162000 (2531)
  3000 additional share is allocated for serial no 7 in ratio of 1:9     3000 3000
8 33000 1 2.50 33000 1.72 20109 20109.00 21000 1:1 21000 891
9 36000 1 2.50 36000 1.88 21938 21938.00 21000 1:1 21000 (938)
10 45000 3 7.50 135000 7.03 82266 27422.00 27000 1:1 81000 (1266)
  3000 additional share is allocated for serial no 10 in ratio of 1:3     3000 3000
11 48000 1 2.50 48000 2.50 29250 29250.00 30000 1:1 30000 750
12 54000 1 2.50 54000 2.81 32906 32906.00 33000 1:1 33000 94
13 60000 1 2.50 60000 3.13 36563 36563.00 36000 1:1 36000 (563)
14 66000 1 2.50 66000 3.44 40219 40219.00 39000 1:1 39000 (1219)
15 69000 3 7.50 207000 10.78 126141 42047.00 42000 1:1 126000 (141)
16 75000 1 2.50 75000 3.91 45703 45703.00 45000 1:1 45000 (703)
17 90000 1 2.50 90000 4.69 54844 54844.00 54000 1:1 54000 (844)
18 120000 1 2.50 120000 6.25 73125 73125.00 72000 1:1 72000 (1125)
19 201000 1 2.50 201000 10.47 122484 122484.00 123000 1:1 123000 516
20 333000 1 2.50 333000 17.34 202921 202922.00 204000 1:1 204000 1079
GRAND TOTAL 40 100.00 1920000 100.00 1170000       1170000 0

* Please note: Additional lot of 3000 shares given in applied shares category 12000,30000 and 45000 after proportionate allocation.

The Board of Directors of the Company at its meeting held on May 31, 2018 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 CAN and allotment advice and/or notices shall be dispatched to the address of the Applicants as registered with the depositories / as filled in the application form on or before June 04, 2018. Further the instructions to the SCSBs have been issued on May 31, 2018 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 EMERGE 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 June 04, 2018 subject to receipt of listing and trading approvals from NSE.

INVESTORS PLEASE NOTE

The details of the allotment made would also be hosted on the website of the Registrar to the Issue at www.bigshareonline.com. 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 atthe address of the Registrar given below:

BIGSHARE SERVICES PRIVATE LIMITED
1st Floor, Bharat Tin Works Building Opp. Vasant Oasis, Makwana Road Marol, Andheri East Mumbai-400059, Maharashtra, India
Tel: +91-22-62638200 Fax: +91-22-62638299
Email: ipo@bigshareonline.com Website: www.bigshareonline.com
Contact Person: Srinivas Dornala SEBI Registration Number: INR000001385

Date: May 31, 2018
Place: Raipur, Chhattisgarh
For Shree Vasu Logistics Limited
On behalf of the Board of Directors
Sd/-
Atul Garg
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 SHREE VASU LOGISTICS LIMITED.

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