This is only an advertisement for information purposes, not for publication or distribution directly or indirectly outside India and not a prospectus announcement.

PRAKASH CONSTROWELL LIMITED

Our Company was incorporated as "Prakash Constrowell Private Limited" under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated January 4,1996 bearing Registration No. 11 -95941. Our Company was converted into a public limited company vide a fresh Certificate of Incorporation dated January 5,2011 and consequently the name of our Company was changed to "Prakash Constrowell Limited". The Corporate Identification Number of our Company is U45200MH1996PLC095941.

Registered Office: 6/7 Falcon Plaza, National Urdu High School Road, Near Sarda Circle, Nasik - 422001, Maharashtra, India. Tel No.: +91 253 2590725; Fax No.: +91 253 2597720; E-mail: [email protected]; Website: www.pclnsk.com
Contact Person: Mr. Vipul Dileep Lathi, Compliance Officer
Promoters of our Company: Mr. Prakash P. Laddha and Mrs. Aruna P. Laddha

THE ISSUE PRICE IS 13.8 TIMES OF THE FACE VALUE OF EQUITY SHARES

This is an Issue for at least 25.00% of the post-Issue capital in accordance with Rule 19(2)(b)(i) of the Securities Contracts Regulations Rules, 1957, as amended ("SCRR"). The Issue is being made through the 100.00% Book Building Process wherein up to 50.00% of the Issue shall be allocated on a proportionate basis to Qualified Institutional Buyers ("QIBs"). 5.00% of the QIB Portion shall be available for allocation on a proportionate basis to 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, not less than 15.00% of the Issue shall be available for allocation on a proportionate basis to Non-Institutional Bidders and not less than 35.00% of the Issue 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.

The Issue received 5929 applications for 10089200 equity shares resulting in 2.32 times subscription. The details of the applications (including ASBA applications) received in the Issue from Qualified Institutional Buyers, Non-Institutional and Retail Individual Investor are as detailed hereunder: (before technical rejections)

Final Demand
The final demand at different bid prices is as under:

The Basis of Allocation was finalized in consultation with the Designated Stock Exchange, being Bombay Stock Exchange Limited ("BSE") on September 29,2011.

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 138/- per Equity Share, was finalized in consultation with BSE. The category was subscribed 2.92 times after considering spill over. As per the Prospectus, the spill over portion from QIB Category was 10,14,414 equity shares. The total number of equity shares allotted in this category is 25,36,153 Equity Shares to 5772 successful applicants. The category-wise details (sample) of the Basis of Allotment are as under:

B. Allocation to Non Institutional Investors (After Technical Rejections)
The basis of allotment to Non Institutional Investors, who have bid at the Issue Price of Rs.138/- per Equity Share, was finalized in consultation with BSE. The category was subscribed 1.756 times after considering spill-over from QIB Category. As per the Prospectus, the spill over portion from QIB Category was 4,34,749 equity shares. The total number of equity shares allotted in this category is 1086923 to 20 successful applicants. All the applicants in this category have been given firm allotment. The category-wise details of the Basis of Allotment are as under:

C. Allocation to QIBs
2 Valid applications for 724750 shares were received against 2173913 equity shares reserved for this category resulting in subscription of 0.33 times. Under the QIB portion 5% was reserved for Mutual Funds. As no Mutual Funds applications were received in the issue, the entire Mutual Fund is allocated to all the other QIB's. However due to under subscription in the said category, full and firm allotment have been made in the QIB category. The under subscribed 1449163 shares from QIB category have been spilled over to Retail and Non Institutional category in the ratio of 70:30.

The Board of Directors of the Company at it's Meeting held on September 29,2011 has taken on record the basis of allocation of shares approved by the Designated Stock Exchange viz., Bombay Stock Exchange Limited ("BSE"), Mumbai, and has authorized the Corporate Action for the transfer of the shares to various successful applicants.

Refunds have been made through NECS, Direct Credit and NEFT, into the Bank Accounts of the applicants, as registered with the depositories. For other applicants Refund Orders have been dispatched to their address as registered with the depositories. In case the same is not received within ten working days, investors may contact at the address given below. The Refund Orders have been over printed with the Bank Account details as registered, if any, with the depositories. The Equity Shares allotted to successful applicants have been credited to their beneficiary accounts subject to validation of the account details with the depositories concerned.

Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectus dated September 27,2011 ("Prospectus")

All future correspondence in this regard may kindly be addressed to the Registrars to the offer 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, Place where the bid was submitted and payment details at the address given below:

BIGSHARE SERVICES PRIVATE LIMITED
E-2 & 3, Ansa Industrial Estate, Saki-Vihar Road, Sakinaka, Andheri (E), Mumbai - 400 072. Tel No.: +91 22 40430200, Fax No.: +91 22 2847 5207, E-mail: [email protected], Website: www.bigshareonline.com
Contact Person: Mr. Babu Raphael, SEBI Registration Number: INR000001385

THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE EQUITY SHARE ON LISTING OR THE BUSINESS PROSPECTS OF PRAKASH CONSTROWELL LIMITED.

Disclaimer: The Company is proposing, subject to requisite approval, market conditions and other considerations, a public issue of its equity shares and has filed the Prospectus with the Registrar of Companies, Mumbai, Maharashtra, India. The Prospectus is available on the website of SEBI at www.sebi.gov.in, the website of the Book Running Lead Manager at www.intensivefiscal.com. Investors should note that investment in equity shares involves a high degree of risk and for details relating to the same, see section titled "Risk Factors" on page 14 of the Prospectus. This document is not an offer of securities for sale in the United States or elsewhere. The shares of the Company have not been and will not be registered under the U.S. Securities Act of 1933, as amended ("U.S. Securities Act") or any state securities laws in the United States, and may not be offered or sold within the United States or to, or for the account or benefit of, "U.S. persons" (as defined in Regulation S), except pursuant to an exemption from, or in atransaction not subject to, the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws.