MANAKSIA LIMITED

[Our Company was originally incorporated as Hindusthan Seals Limited in December 27,1984. We subsequently changed the name of our Company to Manaksia Limited pursuant to a special resolution of the members passed at the shareholders' meeting held on May 2, 2000. The fresh certificate of incorporation consequent to change of name was granted to our Company on December 4, 2003 by the Register of Companies, West Bengal, (See "History ad Centain Matters" on page 88 the Prospectus for further details)]

Registered Office :8/1 Lalbazar street, Kolkata 700001 (Our registered office was shifted from 95/1 Dharmatolla Street, Kolkata 700001 to 8/1 Lalbazar Street, Kolkata 700001 with effect from December 19,1994 by a resolution passed by our Board) Tel : +91-33-2231-0050 (3 lines), Fax : +91-33-2230-0336/2242-8470 Contact Person and Compliance Officer: Mr. Sandeep Sultania Email : [email protected] Website : www.manaksia.com

BASIS OF ALLOTMENT

The Public Issue was made through the 100% Book Building Process wherein upto 50% of the Net Issue shall be allocated on a proportionate basis to QIB Bidders out of which 5% of the QIB Portion shall be available for allocation on a proportionate basis to the Mutual Funds only and the remainder of the QIB portion shall be 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. Further, atleast 35% of the Net Issue shall be available for allocation on a proportionate basis to Retail Individual Bidders and atleast 15% of the Net Issue shall be available for allocation on a proportionate basis to Non-Institutional Bidders, subject to valid Bids being received at or above the Issue Price.
Further, upto 100,000 Equity Shares shall be available for allocation on a proportionate basis to the Eligible Employees, subject to valid bids being received at or above the Issue Price.
The Issue received 76,233 applications for 134,183,080 equity shares resulting in 8.6570 times subscription. The details of the applications received in the Issue from Qualified Institutional Bidders, Non-Institutional and Retail Investor categories are as under: (Before technical rejections)

Final Demand
A sample of the final demand at different bid prices is as under:

The Basis of Allocation for all the categories namely Retail Individual Investors, Non Institutional Investors and Qualified Institutional Buyers was finalised in consultation with Bombay Stock Exchange of India Limited (Designated Stock Exchange) on 31 December 2007.

A. Allotment to Retail Investors (After Technical Rejections)
All the bidders in the Retail Investors, who have bid at cut-off or at the Issue Price of Rs. 160/- per Equity Share, have been considered while preparing the basis of allocation. The category was over subscribed 4.393072 times. The unsubscribed portion of 17,864 Equity Shares from Employee category as well as 274,856 Equity shares from Non Ihstitutionnal Category has been spilled over to this category. The category-wise details of the Basis of allocation are as under:

B. Allotment to Non Institutional Investors (After Technical Rejections)
All the bidders in the Non-Institutional Investors, who have bid at the Issue Price of Rs. 160/- per Equity Share, have ' been considered while preparing the basis of allocation. The category was over subscribed 0.881408 times. The total number of shares allotted in this category is 2,042,800. The unsubscribed portion of 7,656 Equity Shares from . Employee category has been spilled over to this category. The unsubscribed portion of 274,856 shares was added.to the Retail Category. The category wise details of the Basts of aBocation are as urider:

C. Allotment to Employees (After Technical Rejections)
All the bidders in the Employee Category, who have bid at the Issue Price of Rs. 160/- per Equity Share, have been considered while preparing the basis of allocation. The category was under subscribed by 0.489600 times. The total number of shares allocated in this category is 48,960 Equity Shares. The unsubscribed portion of 51,040 shares was added to the QIB, HNI and Retail Category in the ratio of 50:15:35.

D. Allotment to QIBs
The total number of shares allotted in this category is 7,725,508 Equity Shares including spill over from Employee Category (25,520 Shares). Allocation to QIBs has been done on a proportionate basis in consultation with BSE.

Dates of despatch of Refund Orders, Credit to beneficiary Accounts, Refund instructions and Listing details

Refunds have been made through ECS, Direct credit, RTGS and NEFT, into the Bank Accounts of the applicants, as registered with the depositories, for applicants residing at any of the 15 centres specified by SEBI. For other applicants Refund Orders have been despatched to their address as registered with the depositories. In case the same is not received within ten days, applicants may contact at the address given below. ECS Intimation Note and Refund Orders have been over-printed with the Bank Mandate details as registered, if any, with the depositories. The Equity Shares allotted to successful applicants have been credited to their beneficiary accounts.
The company is taking steps to get the equity shares admitted for trading on National Stock Exchange Limited, Bombay Stock Exchange Limited and Calcutta Stock Exchange Association Limited within seven working days from the date of approval of the basis of allotment.

All future correspondence in this regard may kindly be addressed to the Registrars to the Issue quoting full name of the First/ Sole applicant, Serial number of the bid-cum-application form, number of shares bid for, name of the Member of the Syndicate and Place where the bid was submitted and payment details at the address given below:

Intime Spectrum Registry Limited
C-13, Pannalal Silk Mills Compound,
L.B.S. Marg, Bhandup (W), Mumbai - 400 078
Tel: +91 - 22 - 2596 0320; Fax: +91 - 22 - 2596 0329
Email: [email protected]
Website: www.intimespectrum.com
Contact person: Mr. Sachin Achar

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 MANAKSIA LIMITED