Basis of Allotment
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(This is only an advertisement for information purpose not for publication or distribution, directly or indirectly outside India, and not a prospectus announcement)

Bharatiya Global Infomedia Limited

Converging intelligence

(Our Company was originally incorporated as Bhartiya Global Financial & Allied Services Limited vide Certificate of Incorporation dated November 24, 1994 issued by the Registrar of Companies, NCT of Delhi & Haryana under the provisions of the Companies Act, 1956 and obtained Certificate for Commencement of Business on January 18, 1995. The name of the Company was changed to Bhartiya Global Software Fintec Limited vide fresh incorporation certificate dated May 3, 1999 issued by the Registrar of Companies, NCT of Delhi & Haryana. The Company further changed its name to Bhartiya Global Software Limited vide fresh incorporation certificate dated June 27, 2001 issued by the Registrar of Companies, NCT of Delhi & Haryana and finally changed its name to Bharatiya Global Infomedia Limited vide fresh Certificate of Incorporation dated November 13, 2003 issued by the Registrar of Companies, NCT of Delhi & Haryana.)

Registered Office: 623, 6th Floor, Devika Tower, 6, Nehru Place, New Delhi-110 019 Tel.: +91-11-40765562; Fax: +91-11-41377519; (For details of change in our Registered Office, please refer to page no. 8 of the Red Herring Prospectus), Corporate Office: B-60, Sector-57, Noida-201301 (Uttar Pradesh), Tel.: +91-120-4227792, Fax: +91-120-4227791, Website: www.bgilinfo.com, Company Secretary and Compliance Officer: Mr. Kumar Pushkar; Email: [email protected]

PUBLIC ISSUE OF 67,20,000 EQUITY SHARES OF RS 10/- EACH FOR CASH AT A PRICE OF RS 82/- PER EQUITY SHARE, AGGREGATING RS 5510.40 LAKHS (THE "ISSUE"). THE ISSUE WILL CONSTITUTE 42.42% OF THE FULLY DILUTED POST ISSUE PAID-UP CAPITAL OF OUR COMPANY.

THE ISSUE PRICE IS 8.2 TIMES OF THE FACE VALUE OF EQUITY SHARES

This Issue is being made through a 100% Book Building Process wherein not more than 50% of the Issue to Public shall be available for allocation on a proportionate basis to Qualified Institutional Buyers ("QIBs"). 5% of the QIB Portion shall be available for allocation on a proportionate basis to Mutual Funds only and the remainder shall be available for allotment on a proportionate basis to QIBs and Mutual Funds, subject to valid bids being received from them at or above the Issue Price. Further, not less than 15% of the Issue to Public shall be available for allocation on a proportionate basis to Non Institutional Bidders and not less than 35% of the Issue to Public shall be available for allocation on a proportionate basis to Retail Individual Bidders, subject to valid bids being received at or above the Issue Price.

NAME OF PROMOTERS : MR. RAKESH BHHATIA AND MRS. ARTI BHATIA

IPO GRADING: THIS ISSUE HAS BEEN GRADED BY CARE. CARE HAS ASSIGNED "CARE IPO GRADE 2", INDICATING BELOW AVERAGE FUNDAMENTALS TO THE INITIAL PUBLIC OFFERING OF OUR COMPANY. FOR MORE INFORMATION ON IPO GRADING, PLEASE REFER TO THE HEADING "IPO GRADING" IN THE SECTION TITLED "GENERAL INFORMATION" ON PAGE NO. 12 OF THE PROSPECTUS.

The Issue received 5,098 valid applications for 98,90,775 equity shares (after technical rejections, including cheque returns / withdrawals), resulting in 1.47 times subscription. The details of the applications received in the Issue from Qualified Institutional Buyers, Non-Institutional Investors and Retail Individual Investors are as under:

Sr. No. Category No. of Valid Applications No. of Equity Shares No. of times subscribed
A Retail Individual Bidders 5,026 84,03,300 1.60
B Non Institutional Bidders 72 14,87,475 0.73
C Qualified Institutional Buyers (QIB's) Nil Nil Nil
Total 5,098 98,90,775 1.47

Final Demand

A summary of the final demand as per the Bombay Stock Exchange Limited (BSE) and the National Stock Exchange of India Limited (NSE) as on the Bid/ Issue Closing Date at different bid price is as detailed hereunder:

Bid Price (Rs) No. of Shares % to total Cumulative Total Cumulative % of Total
75 48,825 0.34 48,825 0.34
76 375 0.00 49,200 0.35
77 2,60,400 1.83 3,09,600 2.18
78 1,650 0.01 3,11,250 2.19
79 35,700 0.25 3,46,950 2.44
80 3,975 0.03 3,50,925 2.47
81 1,275 0.01 3,52,200 2.48
82 29,63,475 20.88 33,15,675 23.36
Cutoff 1,08,80,925 76.65 1,41,96,600 100.00
Total 1,41,96,600 100.00

The Basis of Allocation was finalized in consultation with the Bombay Stock Exchange Limited (BSE), being the Designated Stock Exchange, on July 21, 2011.

A. Allocation to Retail Individual Investors (Including Applications Supported by Blocked Amount ("ASBA")) (After Technical Rejections)

The Basis of Allotment to the Retail Individual Investors, who have bid at cut-off or at the Issue Price of Rs 82/- per Equity Share, was finalized in consultation with BSE. The category was subscribed 1.6059 times, after technical rejections and after considering spill-over from QIB and Non Institutional Investors Category. The total number of shares allotted in Retail Individual Investor category is 52,32,525 Equity Shares to 4,824 applicants which includes the spillover of 23,52,000 unsubscribed equity shares from QIB Category and 5,28,525 unsubscribed equity shares from Non Institutional Investors Category. There were 2,073 applications for 33,32,550 equity shares made under ASBA process by Retail Individual Investors, of which 1,763 applications for 30,13,950 equity shares were found valid and they were considered for allotment. The category-wise details of the Basis of Allocation are as under:

Category No. of Applications % to Total Total No. of
Shares Applied		 % to Total No. of Shares Allocated Ratio Total No. of
Shares Allocated
75 581 11.56 43,575 0.52 75 15:23 28,425
150 276 5.49 41,400 0.49 93 FIRM 25,668
225 126 2.51 28,350 0.34 140 FIRM 17,640
300 159 3.16 47,700 0.57 187 FIRM 29,733
375 67 1.33 25,125 0.30 234 FIRM 15,678
450 36 0.72 16,200 0.19 280 FIRM 10,080
525 25 0.50 13,125 0.16 327 FIRM 8,175
600 71 1.41 42,600 0.51 374 FIRM 26,554
675 17 0.34 11,475 0.14 420 FIRM 7,140
750 30 0.60 22,500 0.27 467 FIRM 14,010
825 3 0.06 2,475 0.03 514 FIRM 1,542
900 8 0.16 7,200 0.09 560 FIRM 4,480
975 10 0.20 9,750 0.12 607 FIRM 6,070
1,050 13 0.26 13,650 0.16 654 FIRM 8,502
1,125 18 0.36 20,250 0.24 701 FIRM 12,618
1,200 413 8.22 4,95,600 5.90 747 FIRM 3,08,511
1,275 12 0.24 15,300 0.18 794 FIRM 9,528
1,350 6 0.12 8,100 0.10 841 FIRM 5,046
1,425 3 0.06 4,275 0.05 887 FIRM 2,661
1,500 4 0.08 6,000 0.07 934 FIRM 3,736
1,650 8 0.16 13,200 0.16 1027 FIRM 8,216
1,725 5 0.10 8,625 0.10 1074 FIRM 5,370
1,800 17 0.34 30,600 0.36 1121 FIRM 19,057
1,875 4 0.08 7,500 0.09 1168 FIRM 4,672
1,950 4 0.08 7,800 0.09 1214 FIRM 4,856
2,025 3 0.06 6,075 0.07 1261 FIRM 3,783
2,100 2 0.04 4,200 0.05 1,308 FIRM 2,616
2,175 2 0.04 4,350 0.05 1,355 FIRM 2,710
2,250 6 0.12 13,500 0.16 1,401 FIRM 8,406
2,400 3,097 61.62 74,32,800 88.45 1,494 FIRM 46,26,918
Additional 1 1:25 124

B. Allocation to Non Institutional Investors (After Technical Rejections)

The Basis of Allocation to the Non-Institutional Investors, who have bid at the Issue Price Rs 82/- per Equity Share, was finalized in consultation with BSE. This category has been subscribed to the extent 0.7378 times. The total number of shares alloted in this category is 14,87,475 Equity Shares to 72 successful applicants, which includes the spillover of 10,08,000 equity shares from QIB Category and add back of 5,28,525 undersubscribed equity shares to the Retail Individual Investors category.

C. Allocation to QIBs

The Company did not receive any bid from the QIB category. The under subscribed 33,60,000 equity shares from QIB category have been spilled over to Retail and Non Institutional Investors category in the ratio of 70:30.

The Board of Directors of the Company at its meeting held on July 21, 2011 has taken on record the basis of allocation of equity shares approved by the Designated Stock Exchange and has accordingly allotted the Equity Shares to the Bidders.

The Allotment Advice cum Refund Orders and/ or notices have been dispatched to the address of the Bidders as registered with the depositories on July 23, 2011. In case the same is not received within 10 days, investors may contact at the address given below. The instructions to Self Certified Syndicate Banks have been dispatched on or prior to July 22, 2011. The Refund Orders have been over-printed with the Bank Account details as registered, if any, with the depositories. 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 has filed its Listing application with Bombay Stock Exchange Limited and National Stock Exchange of India Limited on July 25, 2011. The Company is taking steps to get the Equity Shares admitted for trading on the Bombay Stock Exchange Limited and National Stock Exchange of India Limited within twelve working days from the date of closure of the Issue.

INVESTORS PLEASE NOTE:

These details of the allocation made would be hosted on the website of Registrar to the Issue, Karvy Computershare Private Limited at http://karisma.karvy.com

All future correspondence in this regard may kindly be addressed to the Registrar to the Issue quoting full name of the First/ Sole applicant, serial number of the Bid-cum-Application/ASBA 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:

Karvy Computershare Private Limited
Unit: Bharatiya Global Infomedia Limited
Plot No. 17 to 24, Vithalrao Nagar, Hitech City Road, Madhapur
Hyderabad-500081, Fax:040-23420814
E-mail: [email protected]
Contact Person: Mr. Murli Krishna

TOLL FREE - HELPLINE NUMBER
1-800-3454001

Place: New Delhi
Date: 26.07.2011

For Bharatiya Global Infomedia Limited
Sd/-
Rakesh Bhhatia
Chairman & 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 BHARATIYA GLOBAL INFOMEDIALIMITED.

Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectus dated July 16, 2011 ("Prospectus") as filed with the Registrar of Companies, NCT of Delhi & Haryana. The Prospectus is available on SEBI website at www.sebi.gov.in as well as on the website of Book Running Lead Manager at www.almondzglobal.com. Investors should note that investments in equity shares involves a high degree of risk and for details relating to the same, see section titled "Risk Factors" of the Prospectus. The Equity Shares have not been, and will not be, registered under the U.S. Securities Act 1933, as amended (the "Securities Act") or any state securities laws in the United States and may not be offered or sold within the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. Accordingly, the Equity Shares will be offered and sold only (i) in the United States to "qualified institutional buyers", as defined in Rule 144Aof the Securities Act, and  (ii) outside the United States in compliance with Regulations of the Securities Act and the applicable laws of the jurisdiction where those offers and sales occur. The Equity Shares have not been, and will not be, registered, listed or otherwise qualified in any other jurisdiction outside India and may not be offered or sold, and Bids may not be made by persons in any such jurisdiction, except in compliance with the applicable laws of such jurisdiction.
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