S H KELKAR AND COMPANY LIMITED

Our Company was incorporated as S.H.Kelkar & Co. Limited on July 1, 1955 at Mumbai under the Companies Act. 1913. The word ''private'' was added In the name of our Company under section: 43A (2At) of the Companies Act. 1956 on May 18. 2001. The name of our Company; was changed to S H Kelkar and Company Limited pursuant to conversion of the status of Our company to a public limited company and a fresh Certificate of incorporation Consequent to change of name dated March 5, 2015 was issued by the Roc. For further details, please refer to the section titled "History and Certain Corporate Matters" on page 151 of the Prospedus  Corporate Identity Number: U74999MHl955PLC009593. 
Registered Office-: Devkaran Mansion, 36, Mangaldas Road, Mumbai - 400 002. India. Tel No.: + 91 22 2206 9609; Fax No: +91 22 2208 1204 Corporate Office: Lal Bahadur Shastri Marg, Near Balrajeshwar Temple. Mulund (West), Mumbai - 400 090, India. Tel No-: +91 22 2104 9163; Fax No: -91 22 2164 9766.Contact Person: Ms. Deepti Chandratre, Company Sectary and Compliance Officer; Tel No: - + 91 22 2164 9163; Fax No: +91 22 2164 9766; E-mail: investors@keva.co.in Website: www.keva.co.in

PROMOTERS OF OUR COMPANY: MR. RAMESH VINAYAK VAZE, MS. PRABHA RAMESH VAZE AND MR. KEDAR RAMESH VAZE

BASIS OF ALLOTMENT

The Equity Shares are proposed to be listed on the BSE Limited ("BSE") and the National Stock Exchange or India Limited ("BSE") and the trading will commence on Monday, November 16,2015.
INITIAL PUBLIC ISSUE OF 28,231,827 EQUITY SHARES OF FACE VALUE RS 10 EACH ("EQUITY SHARES") OF S H KELKAR AND COMPANY LIMITED ("COMPANY" OR "ISSUER") FOR CASH AT A PRICE OF RS. 180 PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF RS 170 PER EQUITY SHARE) AGGREGATING RS 5,081.73 MILLION CONSISTING OF A FRESH ISSUE OF 11,666,666 EQUITY SHARES BY OUR COMPANY AGGREGATING RS 2,100.00MlLLION ("FRESH ISSUE") AND AN OFFER FOR SALE OF 13,141,000 EQUITY SHARES, 86,575 EQUITY SHARES AND 3,337,586 EQUITY SHARES BY BLACKSTONE CAPITAL PARTNERS
 (SINGAPORE) VI FDI TWO PTE. LTD.. BLACKSTONE FAMILY INVESTMENT PARTNERSHIP {SINGAPORE) VI-ESC FDl TWO PTE. LTD. AND MS. PRABHA RAMESH VAZE RESPECTIVELY (THE"SELLING SHAREHOLDERS") AGGREGATING RS.2,98173 MILLION ("OFFER FOR SALE"). THE FRESH ISSUE AND THE OFFER FOR SALE ARE TOGETHER REFERRED TO AS THE "ISSUE". THE ISSUE WILL CONSTITUTE 19.52 % OF THE POST-ISSUE PAID-UP EQUITY SHARE CAPITAL OF OUR COMPANY.

THE ISSUE PRICE: RS 180 PER EQUITY SHARE OF FACE VALUE OF RS 10 EACH
THE ISSUE PRICE IS 18 TIMES THE FACE VALUE
ANCHOR INVESTOR ISSUE PRICE: RS 180 PER EQUITY SHARE

BID/-ISSUE: OPENED ON WEDNESDAY, OCTOBER 28, 2015  CLOSED ON FRIDAY, OCTOBER 30, 2015

The Anchor Investor Bid/lssue Period Was One Working Day Prior To The Bid/issue Opening Data i.e. Tuesday, October 27, 2015

Pursuant to Rule (19(2)(b)(ii) of the securities Contracts (Regulations) Rules, 1957, as amended (the "SCRR") and Regulation 41 of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009. as amended ("SEBIICDR Regulations") , the Issue was made for atleast such percentage of Equity Shares equivalent to the value of Rs.4,000.00 million and the post-Issue capital of our Company at the Issue Price is more than Rs.16,000.00 million but less than or equal to Rs. 40,000.00 million. The Issue was made through the BookBuilding Process in accordance with the SEBIICDR Regulations, wherein 50% of the Issue was available for allocation on a proportionate basis to Qualified Institutional Buyers ("QIBs"). Our Company and the Selling Shareholders have, in consultation with the BRLMs. allocated 60% of theQIB Portion to Anchor Investors (the "Anchor Investor Portion") at the Anchor Investor Allocation Price, on a discretionary basis, out of which at least one-third was available for allocation to domestic Mutual Funds only, subject to valid Bids received from domestic Mutual Funds at the Anchor investor Allocation Price 5% of the Net QIB portion was available for allocation on a proportionate basis to Mutual Funds only, and the remainder of  the Net QIB. Portion was available for allocationon a proportionate basis to all QIBs, including Mutual Funds, subject to valid Bids received at the Issue Price. Further, not less than 15% of the Issue was available for allocation on a proportionate basis to Non-Institutional Investors and not less than 35% of the Issue was available for allocation, in accordance with the SEBI ICDR Regulations, to Retail individual investors, subject to valid Bids received at the Issue Price. 
The Issue received 217,665 Application for 557,345,840 Equity Shares (before technical rejections) resulting in 19.742 times subscription. The deteils of the Applications received in the Issue from various categories are as under: (Before technical rejections)

SI No

Category

No. of 
Applications

No. of 
Equity Shares

Shares 
Reserved

No Of 
Times Subscribed

A

Retail Individual Investors

217,578

21,190,960

9,881,140

2.145

B

Non Institutional Investors

207

375,945,200

4,234,774

88. 776

C

Qualified Institutional Bidders (excluding Anchor Investors)

64

150,307,440

5,646,366

26.620

D

Anchor Investors

17

9,902,240

8.469,547

1.169

Total

217,866

557,345,840

28,231,827

19.742

Final Demand

A summary of the final demand as per the BSE and the NSE as on the Bid/Issue Closing Date at different Bid prices is as under:.

Bid Price

No. Of 
Equity Shares

% To total

Cumulative 
Total

Cumulative % 
to Total

173

294,720

0.05

294,720

0.05

174

10,720

0.01

305,440

0.06

175

50,000

0.01

355,440

0.06

176

95,440

0.02

450,880

0.08

177

142,880

0.03

593,760

0.11

178

14,000

0.00

607,760

0 11

179

113,120

0.02

720,880

0.13

180

527,940,880

96.23

528,661,760

96.36

CUT OFF

19,962.480

3.64

548,624,240

100.00

TOTAL

548,624,240

100 00

100.00

The Basis of Allotment was finalized in Consultation with the Designated Slock Exchange, being NSE on November 9,2015.

A. Allotment to Retail Individual Investors (after technical rejections) (including ASBA applications)

The Basis of Allotment to the Retail Individual investors, who have Bid at Cut-off Price or at the Issue Price of Rs. 180 per Equity Share was finalized in consultation with NSE, The category has been subscribed to the extent of 2.118 times. The tolal number of Equity Shares allotted in this category is 9,881,140 Equity Shares to 123,514 successful applicants. The category-wisedetails of the Basis of Allotment are as under.

Category

No. of 
Applications Received

% of
Total

Total No. of 
Equity Shares applied

% of
Total

No. of Equity 
Shares Allotted
per applicant

Ratio

Total No. of 
Equity Shares Allotted

80

204,986

95.14

16,396,690

78.34

80

47:82

9,401,040

160

3,848

1.79

615,680

2.94

80

39:68

176,480

240

1,653

0.77

396.720

1.90

80

39:68

75.840

320

692

0.32

221,440

1.06

60

39:68

31,760

400

634

0.29

253,600

1.21

80

39:68

29.120

480

488

0.23

234,240

1.12

80

39:68

22,400

560

652

0.30

365.120

1.74

80

39:68

29.920

640

146

0.07

93.440

0.45

80

39:68

6.720

720

73

0.03

52,560

0.25

80

39:68

3,360

800

213

0.10

170.400

0.81

80

39:68

9.760

880

51

0.02

44,680

0.21

80

4:7

2,320

960

117

0 05

112,320

0.54

80

39:68

5,360

1040

1,897

0.88

1,972,860

9.43

80

39:68

87,040

6001 allottees from category 160 to 1,040 above, additional 1 (one) Equity Share

1

1:300

20

B. Allotment to Non Institutional Investors (after technical rejections) (including ASBA applications)

The Basis of Allotment to the Non-lnslitutional Investors, who have Bid at the Issue Price of  Rs180 per Equity Share, was finalized in consultation with the NSE. This category has been subscribed to the extent of  88.774 times. The total number of Equity Shares allolted in this catcgey is 4.234,774 Equity Shares to188 successful applicant. The category-wise deiails (sample! of !he Basis d Allotment are as under:

Category

No. of 
Applications Received

% of
Total

Total No. of 
Equity Shares applied

% of
Total

No. of Equity 
Shares Allotted
per applicant

Ratio

Total No. of 
Equity Shares Allotted

1,120

6

2.93

6,720

0.00

80

1:6

80

1,200

1

0.49

1,200

0.00

80

1:1

80

2,080

2

0.98

4,160

0.00

80

1:2

80

2,160

2

0.98

4,320

0.00

80

1:2

80

2,400

2

0.98

4.800

0.00

80

1:2

80

2,480

1

0.49

2,460

0.00

80

1:1

80

2,720

4

1.95

10,680

0.00

80

1:2

160

3,120

3

1.46

9.360

0.00

80

1:3

80

4,000

5

2.44

20,000

0.01

80

3:5

240

5,600

6

2.93

33,600

0.01

80

5:6

400

8,000

3

1.46

24,000

0.01

90

1:1

270

27, 750

8

3.90

222.080

0.06

313

1:1

2.504

111,040

5

2.44

555.200

0.15

1,251

1:1

6,255

888,880

2

0.98

1,777,760

0.47

10,011

1:1

20,022

2.220.000

3

1.46

6.660.000

1.77

25,002

1:1

75,006

C. Allotment to QIBs excluding Anchor Investors

The Basis of Allotment to QlBs who have Bid at the Issue Price of  Rs180 per Equity Share has been done on a proportionate basis in consultation with the NSE.This category has been subscribed to the extend of 26,620 times, As per the SEBI Regulations, Mutual Funds were allocated 5% of Ihe Equity Shares of Net QIB Portion available i e, 282,318 Equity Shares and other QlBs including Mutual Funds, were allocated the remaining availabe 5,364,048 Equity Shares on a proportionate basis. The total number of Equity Shares allotted in theQlB category is 5,646,366 Equity Shares, which were allotted to 64 successful Applicant. The category-wise details of the Basis of Allotment are as under:

Category

FIs/Banks

MFs

ICs

Others

AIF

Fll

Total

QIB

1,023,125

778,378

536.243

378,548

80,153

2,849,919

5,646,366

D. Allotment to Anchor Investors

Category

FIs/FIISA/FPI

MFs

Total

QIBs

5,646,364

2823,183

8469.547

The Company and the Selling Shareholder in consnsultation with the BRLMs, have allocated 8,469,547 Equrty Shares to 13 Anchor Investors through 17 Applications at the Anchor investor Issue Price of  Rs 180 per Equity Share in accordance with the SEBI Regulations. This represents 60% of the QIB Category.
The IPO Committee of the Company at its meeting held on November 9,2015. has approved the Basis of Allotment of the Equity Share approved by the Designated Stock Exchange, being NSE and allotted the Equity Shares to various successful Applicants.
The allotmet advice-cum-refund orders and/or notices have been dispatched on or before November 10, 2015 to the address of the investors as registered with (he depositories. Further, instructions to the Self Certified Syndicate Banks have been dispatched/mailed on November 10,2015. In case the same is not received within ten days, investors may contad the Registrar to the Issue at the address given betow. The Refund Orders have been over-printedwith the Bank Accound details as registered, if any, with the depositories. The Equity Shares allotted to the successful Applicants have beon credited on November 10 2015 to their beneficiary account  subject to validation of the account details with the depositories concerned. Our Company is taking steps for completion of the necessary formalities to get the Equity Shares admitted For trading on the BSE and the NSE within twelve Working Days from the bid/
 Issue Closing Date.

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

INVESTORS PLEASE NOTE

These details of the allotment made shall be hosted en Ihe website of Registrar to the Issue, Link Intime India Private Limited at www.linkintime.co.in;

All future correspondence in this regard may kindly be addressed to the Registrar to the Issue quoting full name of the First/Sole applcant, Serial number of the Bid-Cum-Application form, number of Equity Shares bid for, name of the Member of the Syndicate, place where the bid was submitted and payment details at the address given below:

LINK IN TIME
Link Intime India Private Limited
C-13, Pannalal SilkMills Compound.
L.B.S. Marg. Bhandup (West). Mumbai 400078. India.
Tel: +91 22 6171 5400; Fax; +91 22 2596 0329; E-mail; shkl
 ipo@linkintime.co.in; Investor Grievance E-mail; shkl ipo@linkintime.co.in; Website: www.linkintime.co.in; Contact Person: Sachin Achar, SEBI Registration No.: INR000004058, CIN: U67190MH1999PTC118368

Place : Mumbai 

Datc : November 13,2015

For 
S H KELKAR AND COMPANY LIMITED
On behalf of the 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 S H KELKARAND COMPANY LIMITED.