C

TEAR HERE K ACKNOWLEDGEMENT ACKNOWLEDGEMENT SLIP FOR THE MEMBER SLIP FOR BIDDER OF THE SYNDICATE INVENTURE GROWTH & SECURITIES LIMITED - PUBLIC ISSUE - NR of ASBABidders,SCSBsshallbeauthorisedtoblocksuchfundsinthebankaccountBidderthatarespecified provisions oftheSEBI(ICDR)Regulations. * transacting inthesecuritiesmarket. data base,theApplicationisliabletoberejected.*Bids(i)onbehalfofCentralorStateGovernmentofficialsand The ApplicantmaynotethatincasetheDPID,ClientIDandPANmentionedBidCumApplicationFormenteredE Mumbai -400069,Maharashtra,India. Western ExpressHighway,Andheri(E), Viraj Towers,201,2ndFloor,NearLandmark, INVENTURE GROWTH&SECURITIESLIMITED The BoardofDirectors , To Capitalised termsusedandnotspecificallydefinedshallhavethesamemeaningassignedtotheminRedHerringProspectus authorise youtoplacemy/ournameontheregisterofmembersCompanyasholdersEquitySharesthatmaybealloca the termsofRedHerringProspectus,BidcumApplicationFormandotherapplicablelaws.I/WeundertakethatI/wewill the IssuePricetobediscoveredthroughbookbuilding.I/WeherebyconfirmthatIam/weareeligiblepersonsinvestinthi On thebasisofRedHerringProspectusdatedJuly12,2011andhavingstudiedattacheddetailsaspermemorandumin Dear Sirs, I am/weareIndian(s)ofIndianOriginresidingabroadandthatI/Wehaveremittedfundsforequitysharesbidhereinthrou not be,registered,listedorotherwisequalifiedinanyotherjurisdictionoutsideIndiaandmaybeofferedsold,B transaction notsubjectto,theregistrationrequirementsofSecuritiesAct.Accordingly,EquityShareswillbeoffered uploaded andnotbeingconsideredforAllotment.TheEquityShareshavebeen,willbe,registeredundertheU.S.Se of anypersonwhois/arenotNon-ResidentIndian.I/Weherebyhavetakennoteandagreethatifmy/ourBidisuploadedd I/We authorizetheCompanytomakenecessarychangesinthisBidcumApplicationFormandRedHerringProspectusforfi (OR) Option3 (OR) Option2 Maximum Bid Minimum Bid oversubscribed Basis ofAllotment/allocationifrespectivecategoryis (Please r Mode ofAllotment Percentage ofIssueSizeavailableforAllotment/allocation Option 1 (OR) Option3 (OR) Option2 Option 1 Number ofEquitySharesavailableforAllocation* the ReserveBankofIndia(RBI),willgetrefundthroughNECS. caused totheBidderdueanysuchdelayorliablepayinterestfordelay.Incaseofrefundsthroughelectronic SIGNATURE(S) (Application withoutthisinformationareliabletoberejected).* PAN undelivered. Insuchanevent,theaddressandotherdetailsgivenbyBidderinBid-cum-ApplicationFormwouldbeused the requiredDemographicdetailsasavailableonitsrecords.Allotmentadviceandrefundorderswouldbemailedtoaddress Issue, theEscrowCollectionBanksorSCSBs/SyndicateASBAshallhaveanyresponsibilityandundertakeliabilityforth not beusedforanyotherpurposesbytheRegistrarstoIssue.Hence,BiddersareadvisedupdatetheirDemographicDetai credit throughNECS,DirectCredit,NEFTandoccupation(hereinafterreferredtoas"DemographicDetails").TheseDemographicD Bidders shouldnotethatonthebasisofnameBidders,DepositoryParticipant'sname,ParticipantIdentificat Bid Option verify thatcorrectdetailsofDPandbeneficiaryaccountaregiven. I/We understandthat:i)incaseofallotmentEquitySharestome/us,my/ourBeneficiaryAccountasmentionedabovewouldg September 8,2010.ICRAhasassignedthisIssue"2"indicatingbelowaveragefundamentalsthroughitsletterdatedJuly7,2011. IPO GRADING: Total Amountpayable( Depository ParticipantName Depository Name(Please NAME OFTHIRDAPPLICANTMr./Ms. NAME OFSECONDAPPLICANTMr./Ms. NAME OFSOLE/FIRSTAPPLICANTMr./Ms. Bid Option (Please r City Registration Number: No.: Beneficiary AccountNumber ` PUBLIC ISSUEOF70,00,000EQUITYSHARES LIMITED) details thereofatthefollowingaddress: for, dateofBidcumApplicationForm,nameandaddress of thememberSyndicatewhereBidwassubmittedandpayment name oftheSole/FirstApplicant,BidcumApplicationForm number, BiddersDepositoryAccountDetails,numberofEquityShares All futurecommunicationinconnectionwithBidsmade this IssueshouldbeaddressedtotheRegistrarquotingt Address ofSole/FirstApplicant. Name ofFather/HusbandMr. Additional Information of thecorrectamount.Pleaseretain photocopyofthisformforfuturereference.Biddersareadvisedthat duetoclusteringof Note :OnlyBidsregisteredonthe electronicbookbuildingsystemwillbeconsideredforallocation.Therefore, kindlyensure for allocationunder theissue.IfsuchBidsarenot uploadedtheIssuer,BRLM,Syndicate MemberandSCSBswillnot beresponsi Beneficiary AccountNumber DP -ID Depository ParticipantName ACKNOWLEDGEMENT SLIPTOBEGIVEN Depository Name(Please DP -ID THIS BOOK CONSISTS OF THISBOOKCONSISTSOF 16 PAGES INCLUDINGFORM2A,PLEASEENSURETHATYOUGETALL (To befilledbytheSole/FirstApplicant) Subject tovalidBidsbeingreceivedatorabovetheIssuePrice,Under-subscription,ifany,inanyofcategorieswo eehn Mobile Telephone Address Received FromMr./Ms. (Cheques/Drafts aresubjecttorealisation) [ (To befilledbytheSole/FirstApplicant) BY THEMEMBEROFSYNDICATE Cheque  (PLEASE READTHEINSTRUCTIONSCAREFULLYBEFORE FILLINGTHISFORM) (PLEASE +912225960329, ] PEREQUITYSHARE)AGGREGATINGTO (Irrespective ofsizetheBid) ACKNOWLEDGEMENT SLIPTOBE MEMBEROFTHESYNDICATE'S C -13,PannalalSilkMillsCompound, L.B.SMarg,Bhandup(West),Mumbai–400078; efer to InstructionNo. 56) efer toefer InstructionNo. __) (In Figures) The IssuehasbeengradedbyFitchRatingsIndiaPrivateLimited("Fitch")andICRALimited,creditratingagenciesregistered GIVEN BYTHEBANKER DemandDraftNo. STAMP &CODE INR000004058 Particulars Email: No. ofEquityShares Bid (Bidsmustbeinmultiplesof (In Figures) APPLICANT/BIDDER DETAILS(INBLOCKLETTERS)(NAME(S)SHOULDBEINTHESAMEORDERASITAPPEARSDEMATACCOUNT) [email protected], U65990MH1995PLC089838. Act, 1956,withregistrationnumber11-89838of1995.ThecorporateidentificationourCompanyis Our CompanywasincorporatedatMumbaionJune22,1995as“InventureGrowth&SecuritiesLimited”undertheCompanies on page131oftheRedHerringProspectus. Company andchangesinourRegisteredOffice,pleaserefertothechaptertitled‘ Bhavi Gandhi; (E), Mumbai–400069,Maharashtra,India. INVENTURE GROWTH&SECURITIESLIMITED ` “Cut-off Price” is the price within the Price Band finalised by the Company in consultation with BRLM. A Bid submittedatCut-o “Cut-off Price”isthepricewithinPriceBandfinalisedbyCompanyinconsultationwithBRLM.ABid infigures) SOLE/FIRST APPLICANTS DETAILS (IN BLOCKLETTERS) (IN SOLE/FIRST APPLICANTSDETAILS ✓ ✓ LINKINTIMEINDIAPRIVATELIMITED, ) ) Payment amount=Highestofaboveoptions.(No.EquitySharesxPriceperShare)(incaseBidatCut-offPri No. ofEquitySharesBidfor PAYMENT DETAILS(PleasereferInstruction ** In casetheBid-cum-ApplicationFormissubmittedinjointnames,investorsshouldensurethatdemataccountalsohe IN IN Tel No.: [Refer InstructionNo. 30] Website: ` National SecuritiesDepositoryLimited [ ` www.linkintime.co.in; National SecuritiesDepositoryLimited does notexceed Such numberofEquitySharesinmultiples50sothattheBidamount Proportionate Bidders Not lessthan35%ofIssueorallocationtoQIBBiddersandNon-Institutional Institutional Bidders Not lessthan24,50,000EquitySharesorIssueallocationtoQIBBiddersandNon- 50 EquityShares  PinCode Compulsorily indematerializedform. +912239548500; RETAIL INDIVIDUALBIDDERSCANBIDAT“CUT-OFFPRICE”ANDINCASEOFSUCH 10EACHOFINVENTUREGROWTH&SECURITIESLIMITED(‘IGSL’ORTHE‘COMPANY’‘ISSUER’)FORCASHATAPRICE ] LAKHS(THE‘ISSUE’).THEISSUEWILLCONSTITUTE33.33%OFFULLYDILUTEDPOSTPAIDUPCAPITALCOMPANY. In caseofNonResidentBidders:-“EscrowAccount–InventurePublicIssue-NR” (In Words) (In Words) In casetheinformationisincorrectorinsufficient,BidliabletoberejectedandCompany,BRLMSyndicateMembe Registered Office: SOLE/FIRST APPLICANT Dated______Drawnon(BankandBranch) Please writeyourBidCumApplicationFormNo.ontheReverseofCheque/DemandDraft.

(Unit :INVENTUREGROWTH&SECURITIES BROKER’S/AGENT’S ` For PaymentinstructionspleasereferInstructionNo.50 and in multiples of 50and inmultiplesof EquitySharesthereafter. BIDS PAYMENTSHOULDBEMADEAT“CAPPRICE” Contact Person: 2,00,000/- Pin Code Cheques/Demand Draftstobedrawninfavourof STAMP &CODE

ALLOTMENT WILLBEINDEMATMODEONLY ( 50 ` inwords) Equity Shares) Equity Retail IndividualBidders Tel. No.: BIDDER’S DEPOSITORY ACCOUNT DETAILS (MANDATORY) (Refer Instruction No. Instruction BIDDER’S DEPOSITORYACCOUNTDETAILS(MANDATORY)(Refer 46) Fax No.: Website: VirajTowers,201,2ndFloor,NearLandmark,WesternExpressHighway,Andheri Mr.ChetanShinde; +912225960320, +912240751535; www.inventuregrowth.com; (` No. 50) Cheques/DemandDraftsaresubjecttorealisation No. 50) In Figures) andsoldonlyoutsidetheUnitedStatesincompliancewithRegulationsofSecuritiesActapplicablelawsju ids maynotbemadebypersonsinanysuchjurisdiction,exceptcompliancewiththeapplicablelawsofjurisdiction. ( officials appointedbythecourts,and(ii)BidspersonsresidentinstateofSikkim,areexemptfromspecifyingtheirP gh normalbankingchannelsoroutoffundsheldinNon-ResidentExternal(NRE)Account/(FCNR)India. ` s Issueinaccordancewithapplicablelaws.Theamountpayableonbiddingisremittedherewith.I/WeagreetoaccepttheEquity InFigures) applied Company SecretaryandComplianceOfficer: Company SecretaryandComplianceOfficer: Price perEquityShare( Fax No.: Andheri (E),Mumbai–400069,Maharashtra,India. Registered Office: INVENTURE GROWTH&SECURITIESLIMITED Fax No.: Andheri (E),Mumbai–400069,Maharashtra,India. Registered Office: INVENTURE GROWTH&SECURITIESLIMITED he full Mobile ted /allottedandtoregistermy/ouraddressasgivenbelow.TheCompanyinconsultationwithBRLMhasarightrejectBids SEBI sign allsuchotherdocumentsanddoacts,ifany,necessaryonmy/ourparttoenableme/usberegisteredastheho ue tocrowdingofBidsreceivedontheBid/IssueClosingDate,my/ourBidshallnotbeconsideredforAllotmentandIssuer, Fax curities Act1933,asamended(the“SecuritiesAct”)oranystatesecuritieslawsintheUnitedStatesandmaynotbeofferedo lectronic BiddingSystemoftheStockExchangesdonotmatchwithDPID,ClientIDandPANdisclosedindespository thenatureofForm2A,I/weherebyapplyforapplicationandsubsequentallotmenttome/usEquitySharesinaboveI nal filingofProspectuswiththeRegistrarCompanieswithoutintimationtome/usandusethisBidcumApplicationFormast +912240751535; +912240751535; Cheque/Draft No. modes, asdetailedintheRedHerringProspectus,biddersmaynotethatrefundsgetdelayedifbankparticularsobtainedfr (“ ion numberandBeneficiaryAccountNumberprovidedbythemintheBid-cum-ApplicationForm,RegistrartoIssuewillobt e same.Hence,BiddersshouldcarefullyfillintheirDepositoryAccountdetailstheBid-cum-ApplicationForm.Bysigningth RHP ls asprovidedtotheirDepositoryParticipantsandensurethattheyaretruecorrect.Failuredosocouldresultindel SECOND APPLICANT uld beallowedtometwithspill-overinter-sefromanyothercategories,atthediscretionofCompanyinconsultationw : SUB-BROKER’S/SUB-AGENT'S only toensuredispatchofrefundorders.PleasenotethatanysuchdelayshallbeattheBidderssoleriskandneitherCom etails wouldbeusedforgivingrefundsandallocationadvice(includingthroughphysicalrefundwarrants,DirectCredit,NECS TEAR HERE E-mail: VirajTowers,201,2ndFloor,NearLandmark,WesternExpressHighway, VirajTowers,201,2ndFloor,NearLandmark,WesternExpressHighway, es oftheBiddersasperDemographicDetailsreceivedfromDepositories.maynotethatdeliveryAllotmentad ASBABidcumApplicationForm. TEAR HERE ”). AllreferencestopagenumbersintheBidCumApplicationFormcorrespondRedHerringProspectus. Dated Cheque/Draft No. Price perEquityShare( STAMP &CODE ` [email protected]. Forfurtherdetailsofour et creditedtotheextentofallottedEquityShares,ii)I/WemustensurethatsequencenamesasmentionedinBidcu Company SecretaryandComplianceOfficer: )/ "Cut-offPrice" Dated History andCertainCorporateMatters E-mail: E-mail: (` Date :______,2011 (Price shouldbeinmultiplesof ff Price is a valid bid at all levels withinthePriceBand. ff Priceisavalidbidatalllevels InWords) Who canApply** em fPyet* FullBidAmounton Payment*** of Terms Trading Lot Allotment lot Bid lot [email protected]. [email protected]. (16 digitbeneficiaryA/c.No.tobementionedabove) ce: No.ofEquitySharesxCapPrice). Central DepositoryServices(India)Limited For detailsofthegradingIssue,pleaserefertochaptertitled"GeneralInformation"beginningonpage42R lastdayapplications,asistypically experiencedinpublicofferingssomeBidsmaynotgetuploaded on thelastday.Such Bi that yougetacomputerisedTRSfor everyBidOptionfromthememberofSyndicate.Pleasenote that validityoftheBidsor THE FACEVALUEOFEACHEQUITYSHAREIS Ms.BhaviGandhi; Ms.BhaviGandhi; ` AND CAPPRICEIS11.7TIMESOFTHEFACEVALUE. THE FLOORPRICEIS10TIMESOFFACEVALUE )/ "Cut-off"(Decimalsnotallowed) THE PRICEBANDSHALLBE ble. Bidswillbe accepted onlyonWorkingDays. with theSecuritiesandExchangeBoardofIndia("SEBI").Fitchhasassignedagrade2(ind)outmaximum5ind Website: Website: ` Drawn on(NameoftheBank&Branch) Email BUILT ISSUE InWords) Particulars 100% BOOK Drawn on(NameoftheBank&Branch) ld inthesamejointnamesandsequencewhichtheyappearBid-cum-ApplicationForm. (16 digitbeneficiaryA/c.No.tobementionedabove) ` www.inventuregrowth.com; www.inventuregrowth.com; Tel No.: Tel No.: 1/-only) eehn Mobile Telephone Address Mr./Ms. Received From ( Central DepositoryServices(India)Limited LOT SIZE50SHARES. STAMP &CODE BANK BRANCH THIRD APPLICANT +912239548500; +912239548500; (` infigures) (` InFigures) ’ beginning r wouldnotbeliableforlosses,ifany. I/SU LSSO FRIDAY, JULY 22, 2011 : ON CLOSES BID/ISSUE : BID/ISSUE OPENSON Ms. Bid cumApplication `

100 exceed natural guardian),applyingforEquitySharessuchthattheBidAmountdoesnot Individuals (includingHUFsinthenameofkarta,NRI's,minorsapplyingthroughtheir One EquityShare 50 EquitySharesandinmultipleof1Sharethereafter. 50 EquitySharesandinmultiplesofthereafter the SCSBspursuanttoBidbeingsubmittedbyASBA TO ` risdiction wherethoseoffersandsalesoccur.TheEquityShareshavenotbeen,will ` FOR ELIGIBLENRIs, 2,00,000/-invalue. AN for ` BID CUMAPPLICATIONFORM [ BANK BRANCH Form No. 117AND based onlyontechnicalgroundsand/orasspecifiedintheRedHerringProspectus.  Application Application SERIAL NO. I/We alsoconfirmthatIam/wearenotbiddingfortheEquitySharesasnominees Sharesbidfor,orsuchlessernumberasmaybeallocatedtome/ussubject

] PEREQUITYSHARE(INCLUDINGAPREMIUMOF ` Form No. Form No. r soldwithintheUnitedStatesexceptpursuanttoanexemptionfrom,orina Branch Bank NRE/FCNR A/c.No. Name ofAccountHolder accounts shallusetheformmeantforResidentIndians. Such NRIswhowishtomakepaymentthroughNon-ResidentOrdinary(NRO) accompanied bychequesdrawnonNR(O)accountsareliabletoberejected. drafts sentfromabroadanddrawnonconvertiblerupeeaccountsinIndia.Forms (NRE) /ForeignCurrencyNonResident(FCNR)accountsorthroughcheques Attention NRIBidders:PaymentmustbemadethroughyourNonResidentExternal BRLMsorSyndicateMemberwillnotberesponsiblefortheBidsgetting

A/EIap.POA PAC/SEBI appr. Inward RemittanceCertificate FCNR A/c.withanyBankinIndia;thenfillthedetailsofyourAccount If youwantyourRefunds/Dividends,ifanycreditedtoNRE/ Bid cum A REPATRIATION BASIS Bid cum Mobile : E-mail: Fax No: Tel. No(withSTDcode): IFSC Code lder(s) oftheEquityShareswhichmaybeallocated/allottedtome/us.I/We 10 EACH. bidding; incaseofASBABidders,fullBidAmountshallbeblockedby (Cheques/Drafts aresubject torealisation) he ApplicationFormforthepurposeofthisIssue. ssue uptomy/ourBidformaximumnumberofEquitySharesatorabove

SOLE/FIRST APPLICANTBANKDETAILS(FORREFUND) Contact Details ofSole/FirstApplicant RefundthroughNECS Refund Option Retail IndividualBidders Date :______,2011 oftheBranchWhereaccountismaintained: Date :______,2011 WEDNESDAY, JULY20,2011 Signature, Date&TimeofBidCum Member oftheSyndicate'sStamp SOLE /FIRSTAPPLICANT Category PleaseTick( (Cheques/Drafts are subject to realisation) to subject are (Cheques/Drafts Banker's Stamp&Sign. OTH NRI ays indispatch/creditofrefundstoBiddersattheBidders’soleriskandnoneCompany,BRLM,SyndicateMember, Application FormSubmission (See Instruction no. 62) (OPTIONAL) (SeeInstructionno.62) e Bid-cum-ApplicationForm,Bidderwouldbedeemedtohaveauthorisedthedepositoriesprovide,uponrequest,Registr Pin Code APPLYING ON APPLYING om thedepositoryparticipantsareincorrect.Applicantshavingabankaccountatanyofcenters,whereclearinghouses and NEFT)ormailingofAllotmentAdvicetotheBidders.TheDemographicDetailsgivenbyBiddersinBid-cum-ApplicationFo (Repatriation basis) Non-Resident Indian Others ith theBRLMandsubjecttoapplicable ain fromtheDepositorydemographicdetailsofBidderssuchasaddress,bankaccountforprintingonrefundorders pany, theRegistrar,EscrowCollectionBank(s)norBRLM/SyndicateMembershallbeliabletocompensateBidderforanyl STATUS PAN vice andrefundordersmaygetdelayedifsuchdocuments,oncesenttotheaddressobtainedfromDepositories,arereturned REGISTRAR’S SERIAL NO. Pes specify) (Please (Please Age Age Age ✓ ✓ ✓ ✓ ✓ I/WE CONFIRMTHAT: ) m ApplicationFormmatchesthesequenceofnameheldwithDP.Itisininterestinvestorsto ✓ ) ***In case MAAA/Resolution C

K ed HerringProspectus. ds thatcannotbeuploadedwillnot beconsidered any allocation thereon, anyallocationthereon, is subject torealisation icating belowaveragefundamentals,throughitsletterdated Registrartothe ar totheIssue, managedby rm would or giving osses TIMING FOR SUBMISSION OF BID CUM APPLICATION FORMS / BID REVISION FORMS Bids and any revision in Bids shall be accepted only between 10.00 a.m. and 5.00 p.m. (Indian Standard Time) during the Bidding Period as mentioned above at the bidding centres mentioned on the Bid cum Application Form or in case of Bids submitted through ASBA Form, the Designated Branches or the Syndicate/Sub-syndicate members (at ASBA Bidding Locations) or in case of Bids submitted through ASBA Form, the Designated Branches or the Syndicate/Sub-syndicate members (at ASBA Bidding Locations) except that on the Bid / IssueClosing Date (which for the QIBs may be a day prior to that of the other Bidders), the Bids shall be accepted only between 10 a.m. and 3.00 p.m. (Indian Standard Time) and uploaded till (i) 4.00 p.m. in case of Bids by QIBs, (ii) until 4.00 p.m in case of Bids by Non Institutional Bidders, and (iii) until 5.00 p.m. in case of Bids by Retail Individual Bidders, which may be extended up to such time as deemed fit by the Stock Exchanges after taking into account the total number of applications received up to the closure of timings and reported by BRLM to the Stock Exchanges within half an hour of such closure.Bids by ASBA Bidders shall be uploaded by the SCSB in the electronic system to be provided by the NSE and the BSE.

INTENSIVE FISCAL SERVICES PRIVATE LIMITED - BIDDING CENTRES Agra: Anand Rathi, Shop No 9 & 12, First Floor, Deep Shikha Building, Sanjay Place , Agra - 282005,Contact Person:Aashish Mishra,Ph:9368571906;Bonanza Portfolio Ltd :C/o Manu Jain, Plot No. 102, 1st Floor, Puneet, Vrindavan, Sanjay Place Agra—2,Contact Person:Manu Jain,Ph:9219556377; HDFC Securities Ltd.,Deepak Wasan Plaza, 17/2/4,Sanjay Place, Agra,P-0562 - 2526888 - 97;KARVY STOCK BROKING LTD,F4, 1st FLOOR, DEEPAK WASAN PLAZA,SANJAY PLACE, (BEHIND HOLIDAY INN),AGRA-282002,P-0562-2526660 / 63;KARVY STOCK BROKING LTD,SHOP NO 11, NANAK TOWERS,,OPP.TELEGRAPH OFFICE, BELAGUNJ,AGRA-282004,P-0562-3237077; Ahmedabad: Aditya Birla Money Ltd.,202, 2nd Floor,Aarya Arcade, Next to Crossword, Mithakali Six Road, Navrangpura, Ahmedabad- 380009,Contact:Taranjeet Kaur 079-26470045,26406193/2353/54;Alankit Assignments Ltd.:A Block, 1-2-3, (1st Floor) Ganesh Plaza, Navrangpura (PO) Opp. Navrangpura Bus-Stand, Ahmedabad – (Gujarat) 380009, PH-91-79-40214711-714;Amrapali Capital And Finance Services Ltd:19-21,Narayan Chambers,3rd Floor, B/h.Patang Hotel,Ashram Road,Ahmedabad- 380009 Ph:(079)26581329/26581330;Amrapali Capital And Finance Services Ltd:A/20, Kamdhenu Complex, Panjrapole,Opp.Sahjanand collage,Ahmedabad- 9Ph:(079)26305210/26305212;Anand Rathi, 2nd Floor, Parth, Swastik Char Rasta, off C. G. Road, Navrangpura, Ahmedabad - 380009,Contact Person:Mitesh Patel,Ph:9574005633;Angel Broking Ltd.,101, Mahalaya, Nr. Hotel President, C.G.Road, Ahmedabad-380 009,Contact:Gautam Acharya,P-079- 5530 9071- 74/ 079-26560782;ANS PVT.LTD :601/602, Samudra Complex, Girish Coldrinks Char Rasta, Off. C G Road, Ahemdabad,Contact Person:Pranav Vora ,Ph:0 79 - 30001363;Bonanza Portfolio Ltd :Sheetal varsha Arcade403to406 Nr.Girish Cold Drink Cross R.d Besides Samudra Ansexe C.g R.d , Ahmedabad-38809, Tel:079-26424014/15,Contact Person:Kamal Bansal/ Ashish,Ph:9825300752/ 9898884357;Bonanza Portfolio Ltd:M/S Lagan Fincap Lease Ltd. 118, Mangal Murti Complex Ashram Road, -380006,Contact Person:Goyal,Ph:079-264586282;Centrum Broking Pvt. Ltd.:A/1003, Narnarayn Complex,Swastik Char Rasta, Off. C.G. Road,Navrangpura, Ahmedabad - 380009,Contact Person:Mr. Rajesh Subramanian,Ph:079 30078483;Enam Sec - Marwadi Shares & Finance:9/10, Haridarshan Complex, Opp HDFC Bank,Maninagar Chaar Rasta, Maninagar380008;Enam Sec - Marwadi Shares & Finance:Amazon Corporation Park,-Part 4, B/h.Navrangpura Post Office,Choice Restaurant Lane,Off C G Rd380009;Enam Sec - Marwadi Shares & Finance:Ast-Mangal, Nr Rajasthan Hospital, Sahibaug380004;Fortune Equity Brokers (India) Ltd.:37/2/C, Modi Mansion,1st Floor, Shankerseth Road,Pune - 411037,Contact Person:Mr.Vinay Shah / Ms.Smita,Ph:-;HDFC Securities Ltd.,Shiv Ranjani Char Rasta, Satellite Road, Ahmedabad - 380015,P-079-66612340-41-42-43;HDFC Securities Ltd.,Ambawadi, S. M. Road, Ahmedabad - 380015.,P-079-66122340-41-42-43;HDFC Securities Ltd.,Station Road, Maninagar, Ahmedabad -380 008,P-079-25466931-32-34;HSBC InvestDirect Securities (India) Ltd,403-404 Raindrop Bldg,Opp Cargo Motors,C.G.Rd-380009,Contact:Vishal Shah,P-079 30072023/24;HSBC InvestDirect Securities (India) Ltd,Chanakya Stock Broking D - 18 Shree Ghanakam Mahavir Commercial Complex, Sarangpura, Ahmedabad - 380002,Contact:Ashok Gandhi,P-079 55300564;HSBC InvestDirect Securities (India) Ltd,Netgain Commodity Trading Pvt Ltd G 6 Sakar 4 Town Hall Ellies Bridge Ahmedabad 380014,Contact:Kamlesh Bhai,P-079 26584436;HSBC InvestDirect Securities (India) Ltd,BCB Brokerage Pvt. Ltd.Ashokkumar K Bagrecha C/O Opee Stock Link Ltd 27/1Cloth Commercial centre, Sakar Bazar, Ahmendabad - 380002 ,Contact:Ashok Bagrecha,P-079 55247699;Indiabulls Securities Ltd.,Indiabulls Securities LTD. 1, 1A, 2 Sapphire Comp, Near Cargo Motors. CG Road Ahmedabad. ),Contact:MITESH RAJESHKUMAR SONI;Indiabulls Securities Ltd.,217-218 Akshar Arcade Opp Kalupur Comm. Bank Shivranjani Cross Road Satellite. AHEMDABAD,Contact:MR. DEEPAK P SHA;JM Financial Ltd.:G 10 Chinubhai Center, Ground Floor, Nehru Bridge, Ashram Road, Ahmedabad 380 009Ph:(079) 2657 6666;JM Financial Ltd.:B 101 - 104 Shivalilka Plaza, OPP AMA IIM Road, Ambawadi, Ahmedabad 380 009Ph:(079) 3982 6700;KARVY STOCK BROKING LTD,7 - 8, 2ND FLOOR, 3RD EYE BUILDING, PANCHVATI CIRCLE, C.G.ROAD,,AHMEDABAD-380006,P-079-079-26407543, 44,66627901; KARVY STOCK BROKING LTD,208 H J HOUSE, NEAR RAMBAUG POLICE STATION,OPP: IOC PETROL PUMP, RAMBAUG,MANINAGAR-380008,P-079-40304481,82, 83;KARVY STOCK BROKING LTD,201, MILLENIUM PLAZA,2ND FLOOR,OPP SWAMINARAYAN TEMPLE,NEAR. MANSI TOWER,,VASTRAPUR-380015,P-079-66627936,37,38,40;KiFS Securities Ltd.:B-71,PARISEEMA COMPLEX,C..G.ROAD, NAVRANGPURA ,A’BAD-38 00 06.,Contact Person:AJAY DAVE,Ph:9909930683;Kotak Securities Ltd., :207, 2nd Floor, Sakar-II, Ellisbridge Corner, Ashram Road, Ahmedabad - 380 006.Tel:26587276; ;Monarch Project & Finmarket Ltd.:”MONARCH” opp. Ishwar Bhuwan, Commerce Six Road, Navrangpura, Ahmedabad - 380009., Contact Person:Jignesh Nimbark,Ph:079-30088090;Nitinparikh & Co.:101, Akashganga, Gujarat College Road, Ellisbridge, Ahmedabad.-380006Ph:079 - 26404510-13;Prabhudas Lilladher Pvt Ltd:141, Satyam Mall, Near - Kameshwar School, Jodhpur Cross Road, Satellite, Ahmedabad-380015,Contact Person:Mr. Saurabh Jhaveri,Ph:079-40027700- 03;Prabhudas Lilladher Pvt Ltd:1st Floor,108 New Cloth Market, Outside Raipur Gate, Ahmedabad - 380 002,Contact Person:Mr. Nilesh Pandya,Ph:079 - 22165299;Pravin Ratilal Share and Stock Brokers Ltd.:”Sarkar-I”, 5th Floor, Opp. Gandhidham Rly Stn, Navrangpura, Ahmedabad - 380009 ,Contact Person:Jignesh P Sharedalal,Ph:079-55302700;RATNAKAR SECURITIES PVT LTD:27/1 FIRST FLOOR, CLOTH COMERCIAL CENTRE, SAKAR BAZAR, KALUPUR, AHMEDABAD -380002Ph:079-22125914/15;Religare Securities Ltd: DEV COMPLEX, 2ND FLOOR, OPP PARIMAL GARDEN, C.G. ROAD ELLISBRIDGE, AHMEDABAD – 380006,Contact Person:UnnatiHemant Shah,Ph:-;RR Investors Capital Servics Pvt. Ltd. 401 - Abhijit Bldg.,Nr. Mithakali, Cross Rd.,Ph:9327037108;Rupin A Gandhi:404, Nandan Complex, Opp Mithakali Rly Crossing, Mithakali, Ahmedabad-380006,Contact Person:Rupin Gandhi,Ph:079-26403279;Sharekhan Ltd:201/202, Dynamic House, ,Near Vijay Cross Road, ,Navrangpura,L2 - 380009,Contact Person:Mr.Sanjay Patel,Ph:079 - 66060141 / 42 / 43 / 6606 0150;SMC GLOBAL SECURITIES LTD:3rd Floor, Sun City House, Besides Pantaloon, Opp Kotak Bank, MithaKhali Six Road, Ahmedabad - 380009.Ph:9427181917;SMC GLOBAL SECURITIES LTD:10,A KAKAPURNM 4TH FLOOR, NR.MUNCIPAL MARKET ,C.G. ROAD , AhmedabadPh:9426076200; Ventura Securities Ltd:408, Akashrath, Behind Law College Square, Off. C.G Road, Ellisbridge, Ahmedabad - 380006, Ph:079-6403020;Kunvarji Finstock Pvt Ltd,409, Shyamak Complex, Ambawadi, Ahmedabad 380015,P-079 30089130 ; Allahabad: Anand Rathi,Darbari building, 15 M. G. Marg Civil lines, Beside Coffee House, Allahabad-211001,Contact Person:Gulfam Ahmed,Ph:9389429049;Bonanza Portfolio Ltd :112 KT Kakkar Road, Zero bldg, Allahabad - 211003,Contact Person:Sanjay Pandey,Ph:9598050025;HDFC Securities Ltd.,Near Hot Stuff Crossing.Lal Bahadur Shastri Marg.Civil Lines,Allahabad-211001 ,P-0532-2400249 / 250 / 251;HSBC InvestDirect Securities (India) Ltd,68 Bahadurganj, Allahabad 211 003,Contact:Sanjeev Agarwal,P-0532-2654618 / 2653533 / 2450520 ;KARVY STOCK BROKING LTD,2nd Floor, RSA Tower, Beside HDFC Bank,,57, Sardar Patel Marg, Civil Lines,,ALLAHABAD-211001,P-0532-2260291-92-93(Extn 34);KARVY STOCK BROKING LTD,138/13, NAI BAZAR (ABOVE YASH AUTOMOBILES HERO HONDA AGENCIES),OPP: NSIC (UDYOG NAGAR),NAINI-211007,P- 0532-2695031 / 26966045;Prabhudas Lilladher Pvt Ltd:C/o. Prabhu Shares & Securities 14 C, Daud Nagar, Mirzapur Rd, Naini, Allahabad- 211 008,Contact Person:Mr. Minaz Khan,Ph:0532-3252233;Ventura Securities Ltd:LDA Centre, 2 Sardar Patel Marg, Civil Lines, Allahabad - 211001, Mob:09415013670; Amritsar: Bonanza Portfolio Ltd:Bonanza Portfolio Ltd- 1st Floor, Meenu Mkt, Lawrence Road Ext., Amritsar -143001,Contact Person:Manish Kumar,Ph:981491035;Fortune Equity Brokers (India) Ltd.:72-A Taylor Road,Opp. AGA Heritage ClubAmritsar - 143001Punjab,Contact Person:Ms. Pooja Sharma,Ph:-;HDFC Securities Ltd., D. S. C.Ranjit Avenue, Amritsar - 143001,P-0183-5070100,0183-5070200;KARVY STOCK BROKING LTD,72-A TAYLOR’S ROAD,OPP.AGA HERITAGE GANDHI GROUND,AMRITSAR- 143001,P-0183-5053802/3/4/5;KiFS Securities Ltd.:kapil khurana financial & risk solutions PVT. LTD.,123(A) shastri nagar laurance road ,amritsar:-143001 ,Contact Person:KAPIL KHURANA,Ph:09815578080;Shri Parasram Holdings Pvt. Ltd.:134, Model Town, Street No. 4, Amritsar,Contact Person:Mr. Dhiraj Sood,Ph:9815949666; Anand: Bonanza Portfolio Ltd :S/4-5, vimawala arcade, opp H.P.petrol pump, near, big bazar, anand v.v.nagar road Anand -388001,Ph.no.02692-247510,247590,Contact Person:Nitin Shah,Ph:9825017329;Enam Sec - Jhaveri Securities:305,Sanket Tower, Nr.GRID ChawkdiPh:02692 - 247566;HDFC Securities Ltd.,Madhav Complex, Grid Cross Road, Anand 388 001, Gujarat. ,P-02692-245831-32-33 & 644773;KARVY STOCK BROKING LTD,F-6, Chitrangana Complex,Opp: Motikaka Chawl ; V V Nagar,ANAND-388001,P-02692-248980/248873;Prabhudas Lilladher Pvt Ltd:C/o. G/19, Vaibhav Tower, Anand - V.V.Nagar Road, Anand - 388 001,Contact Person:Mr. Mehul Patel,Ph:02692 – 245279; Bangalore: Aditya Birla Money Ltd.,N 15/1, 1st Floor, Above Nissan Motors,Queens Road, Bangalore 560052.,Contact:080-43588000,Kaveriamma;Alankit Assignments Ltd.:No. 42, 2nd Floor, No. 46-E, Lalbagh Road, Bangalore - 560027,Ph-080-40195700-739;Anand Rathi,4th flr, Indian Express Bldg, Queens Rd, Bangalore - 560 052,Contact Person:Sheetal,Ph:9448970603;Angel Broking Ltd.,Door No 101/102, No-17, 1St Floor, Shah Sultan Complex, Cunnigham Road, Bangalore 560052.,Contact:Madhura S G,P-080- 4153 6700- 03;Bonanza Portfolio Ltd :Rama Arcade No.49/4 2nd Floor Bowring Hospital Road, Bangalore- 5600052,Contact Person:Gudiya Agarwal,Ph:9845070816;Bonanza Portfolio Ltd :No. 861, 4TH FLOOR, 80 FEET ROAD, OPP. KORMANGALA INDOOR STADIUM, Koramangala - 560095, Ph.No.080-41474605,Contact Person:Raju,Ph:9902000765;Centrum Broking Pvt. Ltd.:#128, 55/43, Silver Lake Terrace,Richmond Road, Bangalore – 560025,Contact Person:Mr. Vikas Pathania,Ph:080 32218880;ENAM SECURITIES PVT LTD:10/3, GROUND FLOOR,NO.29, EMPIRE INFANTRY,INFANTRY ROAD560001Ph:080 - 40333222/3218;Fortune Equity Brokers (India) Ltd.:G-13, 14 & 15, Ground Floor,Gajanan Complex, Opp.Tube CompanyOld Padra Road,Baroda - ,Contact Person:Pradeep Singh,Ph:-;Fortune Equity Brokers (India) Ltd.:Premises No. 6 & 7 Shri Raghavendra Complex,417/1, 10th Main Road, IV BlockJayanagar, Bangalore - 560041,Contact Person:Mr. Govindraj,Ph:-;HDFC Securities Ltd.,Meanee Avenue Road, Ulsoor, Nr. Lake Side hospital, Bangalore - 560042 ,P-080-25577410;HDFC Securities Ltd.,Rajalakshmi Arcade,9th main 3rd Block,Jayanagar Bangalore 560011,P-080-25577410;HDFC Securities Ltd.,Block 2 A Esquire Centre, No 9 M G Road, Banglore 560001,P-080-25575800;HDFC Securities Ltd.,Rajaji Nagar, Bangalore - 560010, Karnatak,P-080-30923703;HSBC InvestDirect Securities (India) Ltd,NO.4,”Neeladri Palza,2nd flr North wing,Rajaram Mohan Roy Rd-560025,Contact:Saritha,P-080 2126007;HSBC InvestDirect Securities (India) Ltd,GO3, Copper Arch, Infantry Road, Bangalore - 560 001,Contact:Arvinda,P-080-5323251 / 5253;HSBC InvestDirect Securities (India) Ltd,650, 17th Main, 6th Block, Koramangala,80 Feet Road Bangalore - 560095,Contact:Pushplata,P-552 5853 - 5;Indiabulls Securities Ltd.,OFFICE NO. 28, THIRD FLOOR, CENTENARY BUILDING,,MAHATMA GANDHI ROAD,BANGLORE-560001,KARNATAKA,Contact:H.T.PREMA;JM Financial Ltd.:97/4 Residency Road, Bangalore 560 025Ph:(080) - 3091 2400;KARVY STOCK BROKING LTD,201,2nd floor, suraj plaza, 8 f main road,3rd BLOCK, JAYANAGAR,BANGALORE-560011,P-080-2.24543282245432E+23;KARVY STOCK BROKING LTD,No.279, 3rd FLOOR, 67th CROSS,5TH BLOCK, RAJAJINAGAR (NEAR BHASHYAM CIRLCE),BANGALORE-560010,P-080-2314355923143560;KARVY STOCK BROKING LTD,NO.51/2, TKN COMPLEX, VANIVILAS ROAD,OPP: NATIONAL COLLEGE, BASAVANAGUDI,BANGALORE-560004,P-080-26606126;KARVY STOCK BROKING LTD,”SKANDA” NO 59,,PUTANA ROAD, BASAVANAGUDI,BANGALORE-560004,P-080-2662119226625020;KARVY STOCK BROKING LTD,NO.24, GANESH KRUPA, REAR BLOCK, KALIDASA MARG,1ST MAIN ROAD,,GANDHI NAGAR-560009,P-080-22305761, 22305762;KARVY STOCK BROKING LTD,NO.746, 1ST FLOOR, KRISHNA TEMPLE ROAD,INDIRA NAGAR 1ST STAGE,INDIRA NAGAR-560038,P-080- 2.52643442526293E+23;KARVY STOCK BROKING LTD,A/8, 1ST FLOOR, KHB COLONY,OPP: MCIROLAND, 80 FEET ROAD,KORAMANGALA-560095,P-080-25527301;KARVY STOCK BROKING LTD,NO.337, GF-3, KARUNA COMPLEX,SAMPIGE ROAD, OPP: NEW VEGETABLE MARKET, MALLESHWARAM-560003,P-080-2331467823314680;KARVY STOCK BROKING LTD,NO 1714/14-1, 1ST FLOOR, KSH CHAMBERS,21ST MAIN ROAD,,BEHIND MARUTI MANDI, VIJAYANAGAR,BANGALORE-560040,P-080-2.31190412311904E+23;KARVY STOCK BROKING LTD,2019/A, 1ST FLOOR, 3RD B CORSS,B SECTOR, YELAHNAKA NEW TOWN,BANGALORE-560064,P-080-2856272928562720;KARVY STOCK BROKING LTD,165 & 166, MANJUNATHA CHAMBERS,SHANKARNAGAR MAIN ROAD,BANGALORE-560096,P-080-2.3375292234779E+23;KARVY STOCK BROKING LTD,NO.628, 8TH MAIN,3RD STAGE, 3RD BLCOK,BASAVESHWARNAGAR-560079,P-080-30982058 / 1794 / 23239205 / 206;KiFS Securities Ltd.:A/210 , Mttal tower , m g road , banglore - 560001,Contact Person:PREETAMJI, Ph:08892034792;Kotak Securities Ltd., :‘Umiya Landmark’–II Flr., No:10/7 -Lavelle Rd, Bangalore-560001.Tel: 080-66203601, 080-66203697 Fax No: 080-66128000; ;RR Investors Capital Servics Pvt. Ltd. S-111,Manipal Centre,47,Deckenson Road,Ph:09343795727;Sharekhan Ltd:#2307, Swanlines Building, 12th Main Road, ,3rd Block East,Jayanagar,L2 - 560011,Contact Person:Channaraj K J ,Ph:080 - 42876666 ;Sumedha Fiscal Services Ltd.:First Floor, Park Plaza, No.1, D24Park Road ( Off. Infantry Road), Tasker Town, Bangalore-560051.,Contact Person:Mr. Shashidharan,Ph:(011) 4165-4481/82; Bharuch: Enam Sec - Jhaveri Securities:16,Aashirwad Cmplx,Panch BattiPh:02642 - 250331;Enam Sec - Jhaveri Securities:4,Bluchip Cmplx.,Next to ICICI Bk,Sevashram RdPh:02642 - 261330;JOINDRE CAPITAL SERVICES LTD:1st Floor, Maruti Darshan,Opp. Hanuman Temple,Kasak Road, Bharuch,Contact Person:Mr. Guatam Gandhi,Ph:-;KARVY STOCK BROKING LTD,FF 47/48, ADITYA COMPLEX,OPP: KASAK FUWARA,BHARUCH-392002,P-02642-225207, 225208,209;Prabhudas Lilladher Pvt Ltd:1st Floor, Blue Chip Complex, Sevashram Road, Panch Batti, Bharuch - 392 001,Contact Person:Mr. Kiransinh Chauhan,Ph:02642-242115; Bhavnagar: Bonanza Portfolio Ltd :5, TRADE CENTER, SECOND FLOOR, KALANALA, BHAVNAGAR - 384001,Contact Person:Kirit S. Modi/ Kaushal,Ph:9824243010;Enam Sec - Jhaveri Securities:198 Madhav Darshan, Waghawadi Rd364001Ph:0278 - 2411324;Enam Sec - Marwadi Shares & Finance:203-Prithvi Complex. 2nd Floor, KalanalaPh:0278 - 2433713;HDFC Securities Ltd.,Gopi Arcade, Waghawadi Road, Bhavnagar - 364002.,P-0278-2570145-46-47 & 6450127-28-29-33;KARVY STOCK BROKING LTD,301, 3RD FLOOR,SURABHI MALL,NEAR ICICI BANK,WAGHAWADI ROAD,BHAVNAGAR-364001,P-0278-2567005, 06,3001004,05; Bhopal: Bonanza Portfolio Ltd :BONANZA PORTFOLIO LTD,244,1st Floor,Kings Shopping Center, M.P.Nagar, Zone 1, Bhopal, M.P,Contact Person:Ashish Kumar Ranjan,Ph:9303356050/ 0755-4038501/502;Enam Sec - Kalpataru Multiplier Ltd:102-103, Earning Point, Mandakini ChourahaPh:0755 - 4276709;Enam Sec - Kalpataru Multiplier Ltd:12-B, Indrapuri, Near SBI, Plant Area Branch, Bhel462021Ph:0755 - 4261959;Enam Sec - Kalpataru Multiplier Ltd:134-136, Bhopal Plaza, Nr Bhopal Talkies, Hamidia RoadPh:0755 - 4094059;Enam Sec - Kalpataru Multiplier Ltd:E-3/103 Arera Colony, Near Cindrella School462016Ph:0755 - 4276724;Enam Sec - Kalpataru Multiplier Ltd:Hall-2, 1st Flr, Above Central Bk,GTB Cmplx, T T Nagar462001Ph:0755 - 4235726;Enam Sec - Kalpataru Multiplier Ltd:Kalpataru House, 18 Itwara462001Ph:0755 - 4084201;HDFC Securities Ltd.,Star Planet, Plot No. 9, Zone II,M.P. Nagar, Bhopal 462011,P-0755-4288110-12-13-14-15-16;HSBC InvestDirect Securities (India) Ltd,132B Rav House MP Nagar Zone 1 Bhopal 462011,Contact:Ravjot Singh,P-2768990 / 2768991;KARVY STOCK BROKING LTD,KAY KAY BUSINESS CENTRE,133, ZONE 1, MP NAGAR,BHOPAL-462011,P-0755-4092701 TO 704 /4092706 TO 708 / 4092710 TO 717 / 4092720 / 4092723/ 724;Prabhudas Lilladher Pvt Ltd:C/o Sunil Doshi. S-9, 2nd Flr, Subhag City Center, Opp. Indian Coffee House, Malviya Nagar, Bhopal- 462 003,Contact Person:Mr. Sunil Doshi,Ph:0755-2572290, 2557734; Bhubaneshwar: Anand Rathi,49 Ashok Nagar,2nd Flr Nr Hotel Royal MidTown Bhubaneswar-751009,Contact Person:Sonali Das,Ph:32059681;Bonanza Portfolio Ltd :3rd Floor Plot No.-96, Vinayak Complex Near satyam Sivam sunderam, Bhuwneshwar-751009,Contact Person:SURESH TAHILYANI ,Ph:9437697740;HDFC Securities Ltd.,District Centre, Chandrashekharpur, Bhubaneshwar - 751021,P-0674 – 2742912; KARVY STOCK BROKING LTD,624, SAHEED NAGAR, IST FLOOR,JANPATH,BHUBANESWAR-751007,P-0674-2547532 / 33 / 2547334;KARVY STOCK BROKING LTD,PLOT NO. 104/105 P,BESIDES PAL HEIGHTS HOTEL, JAYADEV VIHAR,BHUBANESHWAR-751013,P-0674-2360334335;KiFS Securities Ltd.:210, 2th floor ,janpath tower ,ashok nagar ,Bhubneshwar , orrissa - 751009,Contact Person:TRILOCHAN,Ph:9178576165;Prabhudas Lilladher Pvt Ltd:C/o. Money Maker Inv.Consl.Co 765 Saheed Nagar, Maharshee College Road, Bhubneshwar - 751 007,Contact Person:Mr. Bibhu Prasad Panda,Ph:0674 – 2546257 / 267; Bikaner: Suresh Rathi Securities Pvt. Ltd.:E-23, Khajanchi Market, KEM Road, Bikaner – 334001 Ph:94133 11186,0151-3292432; Chandigarh: Alankit Assignments Ltd.:SCO-16-17, Ground Floor, Sector-34-A, Chandigarh -160035,P-0172- 4312500(B);Aanad Rathi, S.C.O: 50-51, Ist Floor, Sector - 17-A, Chandigarh – 160017,Contact Person:Sorabh chugh,Ph:9357022990;Fortune Equity Brokers (India) Ltd.:SCO 4-5, 2nd Floor,Sector 9D,Chandigarh - 160 020 ,Contact Person:Mr.Amitabh Nijhawan,Ph:-;Indiabulls Securities Ltd.,SCO-172-173,2ND FLOOR,SECTOR-9-C, CHANDIGARH-160017,PUNJAB.,Contact:CHATWINDER SINGH;KARVY STOCK BROKING LTD,SCO 371-372, ABOVE HDFC BANK,SECTOR 35-B,CHANDIGARH-160 036,P-00172-5071726, 5071727, 5071728 / 5079702;RR Investors Capital Servics Pvt. Ltd. SCO-222-223,Gr. Floor,Sector-34A,Ph:9316135518; Coimbatore: Anand Rathi,41, West Lokmaniya Street,D B Road, R S Puram, Coimbatore - 641002,Tamilnadu,Contact Person:S Muthu,Ph:9843544284;Bonanza Portfolio Ltd :No 14, 2nd Floor,Kannusamy Road, Coimbatore 641 002,Contact Person:Mr Manivannan Ph:9443971426;HDFC Securities Ltd., D. B. Road, R.S. Puram, Coimbotore - 641002,P-0422- 2541357 to 63 ;HSBC InvestDirect Securities (India) Ltd,1023, Avanashi Road, Eureka Chambers,Coimbatore- 641 016 ,Contact:R Raja,P-0422 2211730;KARVY STOCK BROKING LTD,29/1, CHINTAMANI NAGAR, OPP: INDIAN OVERSEAS BANK,NSR ROAD, SAIBABA COLONY,COIMBATORE-641011,P-0422-4353201208;KARVY STOCK BROKING LTD,”JAYA ENCLAVE” 1057/1508,AVANASHI ROAD,COIMBATORE-641018,P-0422-4291000;Kotak Securities Ltd., :1st Floor, Red rose chamber, 1437,Trichy road, Coimbatore-641018.Tel:0422-6699666/667; Gurgaon: Alankit Assignments Ltd.:SCO-17, GF, Saraswati Vihar, Shopping Complex, Housing Board, Chakerpur, Gurgaon-122001,0124 -4039140-43;Bharat Bhushan & Co.:265,Central Arcade Phase-II, DLF City Gurgaon, Haryana,Contact Person:Mr. Sudhir K Mehra,Ph:95124-4101706 / 95124-4101707;HSBC InvestDirect Securities (India) Ltd,31-P, First Floor, SCO Sector 7, HUDA Market (Nr. ICICI ATM), Gurgaon - 122001,Contact:V C Gupta,P-2302590, 2302573, 2223420, 5078776;HSBC InvestDirect Securities (India) Ltd,Soft & Systems, K-3 / 102, DLF City, Ph-2, Gurgaon 122002,Contact:Ankur Gupta / Mohd Shoaib,P-011 2364810 / 12, 5081149 / 51, ;Indiabulls Securities Ltd.,INDIABULLS SECURITIES LTD INDIABULLS HOUSE 448-451,UDYOG VIHAR PHASE-VGURGAON-122001,Contact:YASHPAL CHOPRA;KARVY STOCK BROKING LTD,SHOP NO.18, NEAR HUDA OFFICE, GROUND FLOOR,OPP: AKD TOWER, SECTOR 14,GURGAON-122001,P-0124-4297206 / 4297202 / 4297205 / 4297200;Shri Parasram Holdings Pvt. Ltd.:LG-20, City Centre, DLF Phase II, Gurgaon-122002,Contact Person:Deepak Goel,Ph:9871113435; Guwahati: Anand Rathi,GANPATI ENCLAVE, 4TH FLOOR G. S. ROAD ULUBARI GUWAHATI- 781007,Contact Person:Tapan Kaushik,Ph:9954232567;Bonanza Portfolio Ltd :1st Floor, Garmia Gold, M.S. Raod, Fancy Bazar, Guwahati – 781 001,Contact Person:Pradip Jain,Ph:9864062370;HDFC Securities Ltd.,G.S. Road, Bhangagarh, Village Japorigog, Mouza Beltola, District Kamrup, Guwahati 781 005,P-0361 - 2467104 to 07;Hem Securities Ltd. Room No. 2006, Ist Floor, Ram Kumars Arcade,Near Parmeshwari Building, Chotibari- 781001 Ph:ph-2519054;KARVY STOCK BROKING LTD,2ND FLOOR, RAM KUMAR PLAZA, CHATRIBARI ROAD,NEAR HIMATSHINGA PETROL PUMP,GUWAHATI-781001,P-0361-2608102 / 2608122;Motilal Oswal Securities Ltd:3rd Floor, Basanta Enclave Dr. B.Barooah Road, Ulubari Near Nokia Care, GuwahatiPh:3612730967;Pukhraj Lunkar:SAGAR APARTMNET,GROUND FLOOR, S.J. ROAD,ATHGAON,GUWAHATI-781001Ph:0361-2632226; Gwalior: Anand Rathi Financial Services Ltd,A G Ofiice Tiraha ,Madhav Rao Scindhia Marg ,Lashkar , Gwalior ,Contact Person: Ram Mohan Rathi,Ph:9329301003;Bonanza Portfolio Ltd :108,Pan-in-plaza, Shinde Ki Chawni,Lashkar,Gwalior (M.P.),Contact Person:Anil Madan,Ph:9827047751;Hem Securities Ltd Pavan vihar colony, Jinsinala no.3, near janak hospital, Lashkar,Gwalior;Hem Securities Ltd 1ST floor, bhargawa sadan,near ashoka palace, jinsinala no.3, lashkar, Gwalior; KARVY STOCK BROKING LTD,NEAR NADIGATE PUL, MLB ROAD,SHINDE KI CHAWANI,GWALIOR-474001,P-0751-4069001 / 4069002 /4087774;KARVY STOCK BROKING LTD,52, MAYUR MARKET, FIRST FLOOR,NEAR PETROL PUMP, THATIPUR, GANDHI ROAD,GWALIOR-474001,P-0751-2340200 / 4068501 / 32008484;Prabhudas Lilladher Pvt Ltd:C/o Sharecon. Jhawar Bldg, Sarafa Rd, Lashkar, Gwalior 474 001,Contact Person:Mr. Sanjay Jhawar,Ph:0751- 5070075;Prabhudas Lilladher Pvt Ltd:C/o. Kabra Securities, Kailash Talkies Rd, Phalkeb Ki Goth, Beside of Beena Automobiles, Nr.Ram Mandir Chauraha,Gwalior - 474001,Contact Person:Mr. Rajkumar Kabra,Ph:0751- 4060677 / 6538677; Hyderabad: Alankit Assignments Ltd.:1-8/54/1/1,Ist Floor, Prenderghast Road ((P.G.Road) Secundrabad – 500013,040-66178222-30;Anand Rathi, 6-3-346/1, Scotia Bank Bldg.Road No. 1, Banjara Hills, Hyderabad - 500 034,Contact Person:Rajander Naik,Ph:9398333302; Angel Broking Ltd.,Osman Plaza, 6 - 3 - 352, 3Rd Floor, Rd.No.1, Banjara Hills, Hyderabad - 500 001,Contact:Sudhir D,P-040- 5573 3573/ 74;Bonanza Portfolio Ltd :Bonanza Portfolio Ltd, H no6-3-569/1/4/3, Dhanturi House, Somajiguda-500082, Hyderabd, Tel : 040-40213338/40213339.,Contact Person:N T REDDY,Ph:9393939497;Centrum Broking Pvt. Ltd.:6-3-1111/311, Babukhan Mall,Somajiguda,Hyderabad – 500 016,Contact Person:Mr. R. Santosh Kumar,Ph:-;ENAM SECURITIES DIRECT PVT LTD:6-3-650/217B & C, MAHESHWARI CHAMBERS, 2ND FLR.,SOMAJIGUDA500082Ph:040 - 39893626/30658502;Fortune Equity Brokers (India) Ltd.:3-4-798 / G- 1 to G-4Opp Bhartiya Vidya Bhavan, King Koti RoadBasheer Bagh,Hyderabad - 500 029.,Contact Person:Mr.Arun Kumar,Ph:-;HDFC Securities Ltd.,Ameerpet, Hyderabad - 500016,P-040-40033480 - 4;HSBC InvestDirect Securities (India) Ltd,Challa Chambers, 6-3-907, II floor, Raj Bhavan Road, Somaji Guda, Hyderabad - 500 082 ,Contact:Parag Godbole,P-040 23320323;JM Financial Ltd.:9-10 Uma Chambers, 3rd Floor, Room No 1, Banjara Hills, Hyderabad 500 034Ph:(040) 3987 5900;JM Financial Ltd.:3rd Floor, 305 Jade Arcade, Opp Paradise Hotel, M G Road, Secundrabad 500 003Ph:(040) 3982 5200;KARVY STOCK BROKING LTD,15-6-464/470, 1ST FLOOR,SALASAR COMPLEX, (NEAR FISH MARKET), BEGUM BAZAR,HYDERABAD-500012,P-040-0;KARVY STOCK BROKING LTD,1ST FLOOR, PLOT NO.2, 1-1-128/B, CHANDA NAGAR,SERILINGAMPALLY, NEAR BHEL,HYDERABAD-500050,P-040-23030028, 23030029, 23433126/132;KARVY STOCK BROKING LTD,VIJETHA GOLDEN EMPIRE, FLAT NO. 103, FIRST FLOOR,h NO.16-11-762/762B & C, BESIDE ANADAL NILAYAM, MOOSARAMBAGH,HYDERABAD-500036,P-040-2.34331592343313E+23;KARVY STOCK BROKING LTD,3-6-196/197, FIRST FLOOR,HIMAYAT NAGAR,HYDERABAD- 500029,P-040-23388749 23388771;KARVY STOCK BROKING LTD,SAI VIKRAM TOWERS, 1st FLOOR FLAT NO 11, KUKATPALLY MAIN ROAD,NEAR KUKATPALLY BUS STOP, KUKATPALLY,HYDERABAD-500072,P-040-23433137/119;KARVY STOCK BROKING LTD,BUILDING NO.160 (PART),OPP: MAYFAIR COMPLEX, RASOOLPURA, S P ROAD,SECUNDERABAD-500003,P-040-23433108 ,27883200;KARVY STOCK BROKING LTD,KARVY CENTRE, GROUND FLOOR,AVENUE 4,STREET NO.1,BANJARA HILLS-500034,P-040-23388743, 66510313;KARVY STOCK BROKING LTD,BLOCK NO 176, OPP. CHOLA RESIDENCY,OLD VASAVI NAGAR, KHARKANA,SECUNDERABAD-500016,P-040-23433166;KiFS Securities Ltd.:1ST FLOOR , N V PLAZA ,DWARKAPURI COLONY, SAIBABA TEMPLE STREET ,PUNJGUTTA ,HYDRABAD - 500082,Contact Person:SATYAPRASAD,Ph:9908576061;Kotak Securities Ltd., : 9-1-777, 4th Flr, Beside ITC Bldg, S D Rd, (LANE Opp to DBR Diagnosis), Secunderabad-500003.Tel:65326394; ;Sharekhan Ltd:7-1-22/3/1-5/C, Afzia Towers, 1st Floor, ,Begumpet,,L2 - 500016,Contact Person:Mr. Ranga Rao ,Ph:040 - 66827469-70 / 40203544 (D);Zen Securities Ltd.:Plot No. 151,152,153, 3rd Floor, Gev Tulasi, Pragati Nagar, Opp. JNTU, quitbullapur, Hyderabad - 500090Ph:040-39112345; Indore: Intensive Softshare Pvt Ltd, C-308, Silver Mall, 8-A, R.N.T. Marg, Indore - 452001, Contact: Ramesh Modi, P-0731-4042474/75/76, Email: [email protected] / [email protected]; Alankit Assignments Ltd.:109-A ,Vidhyapati,17 race Course Road Indore - 452002 (M.P.);Anand Rathi,101,Apollo Avenue, Opp.Palasia Police St., 30-B,Old Palasia, Indore- 452 001,Contact Person:Manish Saxena,Ph:9302460901;Angel Broking Ltd.,Ug No.16-19, Commerce House, 7-Race Course Road, Indore - 452 003,Contact:Shobhna Chauhan,P-0731-3013360-65;ANS PVT.LTD :305, Royal Gold, 4-A, Yashwant Niwas Road, Above Janta Coldrinks, Indore.,Contact Person:Vivek Sheth,Ph:9300022188;Bonanza Portfolio Ltd :422, DM Tower, 21/1, Racecourse Road, Indore-452003, Ph.-(0731)4277500-500,Contact Person:Atul Parekh/ Govind,Ph:9993459941;Bonanza Portfolio Ltd:311 A Trade Centre Maharani Road, Indore (M.P)0,Contact Person:Kailash Ghatia,Ph:0731-2534747;Bonanza Portfolio Ltd:6, Morai Mohalla, Kanti Mansion, above SBB&J, Chhoti Gwal Toli-452001,Contact Person:Shree Venketesh Securities,Ph:- ;Bonanza Portfolio Ltd:M 3, Urvashi Complex, 3 Jaora Compound,-452001,Contact Person:Smita Porwal,Ph:0731-3104635;HDFC Securities Ltd.,Race Course Road, Indore, M. P. 452001,P-0731-4280780-81-82-83-84-85;HSBC InvestDirect Securities (India) Ltd,221-222, Indraprastha Towers,6 M G Road Indore - 452001,Contact:Ruchi Baid,P-0731 2523677 / 2523679; JM Financial Ltd.:UG-7 & 8, Ground Floor, D M Tower, 21/4 Race Course Road, Indore 452 004Ph:(0731) 3072 111;KARVY STOCK BROKING LTD,BALAJI COPORATE, 19/1, NEW PALASIA,,NEAR JANGEERWALA CHOWRAHA,,INDORE-452001,P-0731-4081500 TO 4081524;KiFS Securities Ltd.:301 , Sham Tower , 164/2 , rnt marg , opp Shreemaya hotel , indore -452001 ,Contact Person:AMIT GANDHI,Ph:09301016874;Kotak Securities Ltd., :314, Citi Centre, 570, M.G. Road, Indore-452 001.Tel:2537336; ;Prabhudas Lilladher Pvt Ltd:C/o Economic Sec.P.Ltd LG-2B, Shalimar Corporate Centre, 2B, South Tukohanj, Indore - 452 003,Contact Person:Mr. Ashish Goyal,Ph:0731 – 5069376 – 77;Systematix Shares & Stocks (I) Ltd :206-207,Bansi Trade Center 565/581, M G Road Indore 452001,Ph:0731 – 3018111 / 15; Jaipur: Alankit Assignments Ltd.:74 , JSEL Building , JLN Marg , Malviya Nagar , Jaipur - 302003 +91-141-2729033-034, +91-141-2729035;Alankit Assignments Ltd.:107-108, Luhadia Tower, Ashok Marg, C Scheme, Jaipur-302001+91-141-4193321-322 / +91-141-5112791-92;Alankit Assignments Ltd.:101-104, Luhadia Tower, Ashok Marg, C Scheme, Jaipur-302001+91-141-4193321-322 / +91-141-5112791-92;Anand Rathi, C-98, Sanghi Upasana Tower, Subhash Marg, C-Scheme , Jaipur - 302001.,Contact Person:Shiv Prasad Sharma,Ph:9783800316;Angel Broking Ltd.,2/3, 1St Floor, Multi-Story Complex, 1St M.I. Road,Opp. Amrapuara Temple,Jaipur-302001,Contact:Mohan Lal Meena,P-0141-2223334;Bharat Bhushan & Co.:412,City Mall,C-21B,Bhagwan Das Road, Jaipur-302001,Contact Person:Mr. R A Soni,Ph:9312502525;Bonanza Portfolio Ltd :401/403 Silver Square, 4th floor, Rajmandir Cinema Hall Road, Bhagwandas Road,5, Batt, jaipur-302001, Tel:3244856 ,Contact Person:Dinesh Bhattar/ Paras,Ph:9649919887;Enam Sec - Ashwani Dandia & Co:7, Gopinath Marg, New ColonyPh:0141 - 2371603;Enam Sec - Ashwani Dandia & Co:Room No. 236, Jaipur Stock Exchange Building, Malviya Nagar302107Ph:0141 - 2371603, 2360790;Enam Sec - Bhargava Lodha Stock Brokers Pvt Ltd:S-11, Mahaveer Nagar, Tonk RdPh:0141 - 2550711/115;Eureka Stock & Share Broking Services Ltd:213/214,Jaipur Towers,M I Road,Opposite A I R,Jaipur-302001,Contact Person:M.Kathir,Ph:(0141) 3918040/3918041;Fortune Equity Brokers (India) Ltd.:207 & 208, Second FloorTrimurty’s Luhadia TowerAshok Marg, C SchemeJaipur - 302 001.,Contact Person:Soni Khanchandani,Ph:-;HDFC Securities Ltd.,District Shopping Centre, Tonk Road, Jaipur - 320015,P-0141-5190700-01-02-03-05;Hem Securities Ltd 204 Jaipur Tower,M.I.Road,JaipurPh:Ph - 0141-4051000;Indiabulls Securities Ltd.,331-32,3RD FLOOR,GANPATI PLAZA,M.I. ROAD,JAIPUR-302001,RAJASHTAN.,Contact:MANOJ KUMAR SHARMA;JM Financial Ltd.:G 7 & G 8 Anukampa, Plot No K 13, Ashok Marg, C Scheme, Jaipur 302 001Ph:(0141) 398 4400;KARVY STOCK BROKING LTD,S-16/A, LAND MARK, OPP: JAI CLUB,MAHAVEER MARG, C - SCHEME,JAIPUR-302001,P-0141-2378703 / 04/ 05/ 06 / 2363321 / 2375039 / 2375099;KiFS Securities Ltd.:501,CRYSTAL MALL,JAISINGH HIGHWAY,BANIPARK,JAIPUR.,Contact Person:AVINASHJI,Ph:9314880077;RAJ KUMAR BAHETI:SPECIAL D-5 CHAND POLE ANAJ MANDI, JAIPUR 302001Ph:9352076757;RAJ KUMAR BAHETI:33 SUDERSHANPURA INDUSTRIES AREA, JAIPUR 302006Ph:9351376757;RR Investors Capital Servics Pvt. Ltd. 7,Katewa Bhawan,Ganapati Plaza,MI Road,Ph:9314639805;Sharekhan Ltd:7, Katewa Bhawan, ,Opp. Ganpati Plaza,,M I Road,L2 - 302001,Contact Person:Sachin Singal,Ph:0141-5114137 / 3230943;SMC GLOBAL SECURITIES LTD:401, fourth Floor Shyam Anukampa, Opp HDFCBANK Ashok Marg C scheme Jaipur;SS Corporate Securities Ltd:201-202,G-8, Geeta Enclave, C scheme Vinoba marg, Jaipur,Contact Person:YOGESH KAUSHIK,Ph:09314504951;Systematix Shares & Stocks (I) Ltd :201, GauravTower, Malviya Nagar, Jaipur - 302016Ph:0141-3048780-3; Jamnagar: Enam Sec - Marwadi Shares & Finance:433-438, Indraprasth Complex, 4th Flr.,Nr Nobat karyalay, Pancheshwar Tower Rd3610001Ph:0288 - 2551763;KARVY STOCK BROKING LTD,G-12,MADHAV PLAZA,OPP-SBI BANK,NEAR LAL BUNGLOW,JAMNAGAR-361008,P-0288-25565202556420;Prabhudas Lilladher Pvt Ltd:C/o. Mehta Ladhubhai Manekchand, Rajendra Road, Opp.Main GPO, Jamnagar 361 001,Contact Person:Mr. Dhimant Mehta,Ph:0288-2677935; Jamshedpur: Bonanza Portfolio Ltd :Awadh Tower, C C -6 Sitagora, Main Road, Jamshedpur - 831009,Contact Person:Sunil Kumar Gupta,Ph:9334013555;Eureka Stock & Share Broking Services Ltd:1st Floor,RJS Building,Diagonal Road,Bistupur,Jamshedpur,Contact Person:Kamal Padia,Ph:(0657) 2428777/2439832;HSBC InvestDirect Securities (India) Ltd,No 1E Road Northern Town, Bistupur, Jamshedpur -831001,Contact:Sanjay Mishra,P-0657 2427198;JOINDRE CAPITAL SERVICES LTD:6/II, Kamani Centre, 2nd Floor, Bistupur, Jamshedpur, Bihar,Contact Person:Mr. Maneesh Jain,Ph:0657-2321313;KARVY STOCK BROKING LTD,3RD FLOOR, KANCHAN TOWERS,,3 SB SHOP AREA, BISTUPUR MAIN ROAD,,JAMSHEDPUR-831001,P-0657-2487020, 2487045, 2320048;Motilal Oswal Securities Ltd:OM Tawer, 4th floor,S.B. Shop Area, ‘Q’ Road, Bistuupur Jamshedpur 831001Ph:9334424678; Jodhpur: Angel Broking Ltd.,Gulab Bhavan, Opp. Kankaria Bldg.Chopasni Road,Jodhpur-342003,Contact:Lakshmi Chauhan,P-9414130616;Bonanza Portfolio Ltd :44-45 MAHAVEER SADAN, PAOTA MANJIKA HATTA, JODHPUR,342001, tel. 0291-2555269-2540981-2544925,Contact Person:MAHENDRA SINGH,Ph:9314730271;Bonanza Portfolio Ltd:46/47 Kuldeep Towers, Behind Suncity Hospital, Paota Mandor Road ,Contact Person:Dr. R K Jain,Ph:0291-2540981;JOINDRE CAPITAL SERVICES LTD:Sancheti Bhawan, Mahaveer Market, Tripoliya Road, Jodhpur, Rajasthan ,Contact Person:Mr.Rajendra Jain,Ph:0291-2440491;KARVY STOCK BROKING LTD,203, MODI ARCADE,CHOPSKINI ROAD,JODHPUR-342001,P-0291-5103026 / 5103046 /3251441;KiFS Securities Ltd.:C/BLOCK TAKIA CHAND SHAH,OPP.SOJATI JHODHPUR - 382001.,Contact Person:PRAKASHJI,Ph:9414100467;Suresh Rathi Securities Pvt. Ltd.:Mahesh Hostel Complex Opp Bombay Motors, Jodhpur – 342 003Ph:99822 54000,0291-26 54000;Upendra A Gandhi & Co:201,Poonam Complex, 3rd ‘ C ‘ Road,Sardarpura, Jodhpur – 342 001 Ph:0291-2433196; Kanpur: Aditya Birla Money Ltd.,2nd Floor, Room No-218, Krishna Tower, 15/63 Civil Lines,Kanpur 208001.,Contact:0512-3025529 /3024891;Anand Rathi,15/579 H Cilvil Line B/H, Kanpur - 208001,Contact Person:Nikhil Tiwari,Ph:0512-3069171,0512-3069170-74;Bonanza Portfolio Ltd:49/62A/44, Bagla Building, Naya Ganj, -208001,Contact Person:Chandramohan Khandelwal,Ph:0512-2365273/3098591;Indiabulls Securities Ltd.,508-509,5TH FLOOR,KRISHNA TOWER,15/63,CIVIL LINES,KANPUR- 208001,UTTARPRADESH.,Contact:PREM N SHUKLA;KARVY STOCK BROKING LTD,15/46, CIVIL LINES, NEAR MUIR MILLS,STOCK EXCHANGE ROAD,KANPUR-208001,P-0512-2330127 / 2331445 / 2333395 / 96 / 2333492;KARVY STOCK BROKING LTD,81/4, BLOCK NO. 9,GOVINDNAGAR,,KANPUR-208006,P-0512-2604165 / 2605177 / 2605176;Ventura Securities Ltd:Krishna Tower, R.No.504, 15/63, Civil Line, Kanpur 208001, Ph:0512-303107; Kochi: Acumen Capital Market India Ltd,St Reddiar & Sons Bldg, Veekshanam Road, Cochin - 682035,Contact:Gireesh K S,P-0484-3079100;Anand Rathi,G178 “Sivapuram”,G- Flr, Opp.Panampally Nagar Post Office, Cochin,Ernakulam- 682036, Keral,Contact Person:Anish Kumar V V,Ph:9745609882;Bonanza Portfolio Ltd :Bonanza Portfolio Ltd,1,2,3A,II Floor, Swapnil Enclave,High Court Jn, Ernakulam,Kochi- 682 031, Kerala.Tel: 0484-3985100/113,Contact Person:SUDHIR/ Antony,Ph:9895660830/ 9037946865;GEOJIT BNP PARBAS FINANCIAL SERVICES LTD.:5th Floor,Finance Towers,Kaloor, Cochin - 682 017;HDFC Securities Ltd.,Bannerjee Road, Ernakulam, Cochin - 682018,P-0484-4064516-519;KARVY STOCK BROKING LTD,G 39, PANAMPALLY NAGAR,OPP: KERALA STATE HOUSING BOARD,KOCHI-682036,P-0484-2322724 / 726 / 152 /2310884;KARVY STOCK BROKING LTD,7/462, B5, TRANS AVENUE, NE EKM DIST COOP BANK,HEADQUARTERS,KAKKANAD-682030,P-0484-2423191, 3949087;KARVY STOCK BROKING LTD,D. NO. 6/0290, OPP: HAZI ESSA SCHOOL,GUJARATHI ROAD,MATTANCHERRY-682 002,P-00484-2211229 / 2211225 / 2223243 ;KARVY STOCK BROKING LTD,1ST FLOOR, PINDYS COMPLEX,MARKET JUNCTION,TRIPUNITHURA-682301,P-0484-2777330, 3571041;KiFS Securities Ltd.:ROOM NO-72,JACOB DD MALL,NEAR JAYALAKSHMI SILKM,M.G.ROAD,ERNAKULAM,KOCHI-31,Contact Person:HUDSON,Ph:9895876183;Kotak Securities Ltd., :40/1400, 11th Floor, Ensign Enclave, Jos Junction, M.G. Road, Cochin-682 011.Tel:0484-2377386/ 2378287; ;Prabhudas Lilladher Pvt Ltd:2nd Floor, Alfa Gardens, B/H My Kingdom, Gopalaprabhu Road, Kochi - 682 035 ,Contact Person:Mr.Sreekanth Poduval,Ph:0484 - 2353551-53; Kolkatta: Aditya Birla Money Ltd.,J K Millennium Centre,46D, J.L Nehru Road, 2nd Floor, Kolkata 700071.,Contact:Durga/Moumi ‘033-22883001/2, ;Alankit Assignments Ltd.:19, R. N. Mukherjee Road, Main Building,2nd Floor, Kolkata – 700001,033-32000456-57;Anand Rathi,501&502 Central Plaza 2/6 Sarat Bose Rd Kolkata- 700020,Contact Person:Narayan Churiwal,Ph:9830949633;Angel Broking Ltd.,Lords, 1St Flr,Suite No.106 & 108,7/1,Lord Sinha Road Kolkata-700 071,Contact:Antara Biswas,P-033-40099899;Bonanza Portfolio Ltd :7th Floor, Trinity Plaza, 84/A, Topsia Road (S), Kolkatta -700046, Ph.No.033-22851074 ,Contact Person:Sandeep Basu,Ph:9330183990;Bonanza Portfolio Ltd :1 Gibson Lane, Suit No. -105, 1st Floor, Kolkata - 700 069,Contact Person:Vishnu Kedia,Ph:9433037650;Bonanza Portfolio Ltd:7th Floor, Trinity Plaza, 84/A, Topsia Road (S) - 700046,Contact Person:Sandeep Basu,Ph:033-22851074;Bonanza Portfolio Ltd:29N, Block BNew Alipore-700053,Contact Person:Nirmal Kedia,Ph:9830053222;Centrum Broking Pvt. Ltd.:1st floor, Crescent Tower,229 AJC Bose Road,Kolkata - 700 017,Contact Person:Mr. Rakesh Singh,Ph:033 40036615 / 21;Eureka Stock & Share Broking Services Ltd:B3/4, Gillander House, 8, N.S.Road, 3rd Floor, Kolkata - 700 001,Contact Person:Chandra Prakash Saraya,Ph:(033) 3918 0348;Eureka Stock & Share Broking Services Ltd:B3/4, Gillander House, 8, N.S.Road, 3rd Floor, Kolkata - 700 001,Contact Person:S.K.Nathany,Ph:(033) 3918 0348;Eureka Stock & Share Broking Services Ltd:B3/4, Gillander House, 8, N.S.Road, 3rd Floor, Kolkata - 700 001,Contact Person:Rajesh Kumar Somani,Ph:(033) 3918 0348;HDFC Securities Ltd.,live Row, Jardines, 3rd floor, Kolkata 700 001 ,P-033 - 22134367 to 70;HDFC Securities Ltd.,Hindusthan Park, Gariahat Shopping Mall Ist Floor, Gariahat, Kolkata-700029,P-033 - 24198448 to 53;HDFC Securities Ltd.,Barick Bhawan, 3rd Floor, Kolkatta 700072,P-033 - 22129574 to 77;HDFC Securities Ltd.,NIIT Building, 123, Bidhan Sarani, Kolkata - 700 004.,P-033 - 25554076/77/1605/11;HSBC InvestDirect Securities (India) Ltd,Constantia, Ground Floor,11 Dr.U N Brahmachari Street ,Kolkata- ,Contact:Ragwendra Sharma,P-033 2813257;HSBC InvestDirect Securities (India) Ltd,21, Hemanta Basu Sarani, Centre Point Building, 3rd floor Room no. 308, Kolkata - 700001,Contact:Sougata Ray,P-22138700/01/02/03;Indiabulls Securities Ltd.,26 LEE ROAD,LEE RESIDENCY,2ND FLOOR,KOLKATTA-700020,WEST BENGAL.,Contact:KUMAR P MUKHERJEE;Indiabulls Securities Ltd.,56E,HEMANT BASU SARANI,STEPHEN HOUSE,1ST FLOOR,OPPOSITE EEBBDBAG BUS STAND,KOLKATA-700001,Contact:MADHU DAGA;JM Financial Ltd.:Kankaria Estate, 6 Little Rousell Street, 8th Floor, Kolkata 700 071Ph: (033) 3987 0330;KARVY STOCK BROKING LTD,19, R N MUKHERJEE ROAD,2ND FLOOR,DALHOUSIE-700001,P-033-22437863 to 69 / 90 / 89;KARVY STOCK BROKING LTD,493/C/A, G. T. ROAD (S),BLOCK-G, 1ST FLOOR,VIVEK VIHAR,HOWRAH-711102,P-033-2638234526382530;KARVY STOCK BROKING LTD,22N/1, BLOCK A,NEW ALIPORE,KOLKATA- 700053,P-033-23996203,04,05;KARVY STOCK BROKING LTD,AD-60, SECTOR - 1,SALT LAKE CITY,KOLKATA-700064,P-033-23210461 to 23210464 / 0587;KARVY STOCK BROKING LTD,49, JATIN DAS ROAD,NEAR DESHPRIYA PARK,KOLKATA-700029,P-033-24647231,32, 24644891;KARVY STOCK BROKING LTD,P-335, CIT SCHEME ,6M,PHOOLBAGAN,KOLKATA-700054,P-033-2364892723628480;KiFS Securities Ltd.:1, r n mukherjee road , 5th floor , room no 5 ,kolkatta 700001,Contact Person:AMARENDRA ROY,Ph:09830470028;Kotak Securities Ltd., :7th Floor, Apeejay House, Block ‘C’, 15, Park Street, Kolkatta-700016.Tel:22273999; ;Prabhudas Lilladher Pvt Ltd:Shop No.304,306 & 308, 3rd Floor, Lords. 7/1, Lords Sinha Road, Kolkata - 700 071,Contact Person:Mr. Vijay Kothari,Ph:033-40200204;RAJ KUMAR BAHETI:25/C SHIBTOLLA STREET KOLKATA 700007Ph:9831086366;RR Investors Capital Servics Pvt. Ltd. 704,Krishna Bldg.,224,AJC Bose Road,Ph:9331055404;Sharekhan Ltd:Kankaria Estate,1st Floor, ,6-Little Russell Street,,L2 - 700071,Contact Person:Mr. Nilesh Shah ,Ph:033 - 22830055/ 22805555;SMC GLOBAL SECURITIES LTD:16, INDIAN EXCHANGE PLACE, ROOM NO 9 , 2nd FLOOR, KOLKATTA 700001Ph:033-22200820;Sumedha Fiscal Services Ltd.:8B, Middleton Street, 6th Floor, 6A, Geetanjali Apartment, Kolkata - 700 071.,Contact Person:Mr. Bijay Murmuria,Ph:( 033 ) 2229-8936;Systematix Shares & Stocks (I) Ltd :1 Old Court House corner, Tobacco house,2nd Floor, Kolkata - 700001Ph:033-30287505 to 09;Microsec Capital Ltd,25D Harish Mukherjee Road, 1st Floor room No-1E,P-033-40409000; Kota: Anand Rathi, 1st Floor, Indragyan Complex, Kotri Road, Gumanpura-324007,Contact Person:Mukesh Chhipa,Ph:9783800365;Bonanza Portfolio Ltd :621, Ist Floor, Mukesh Plaza, Dadawari, Kota-324005 Rajasthan,Contact Person:Arvind Shukla,Ph:9314412865;Hem Securities Ltd 20-A, Talwandi, Kota ;KARVY STOCK BROKING LTD,29, SHOPIING CENTRE,1ST FLOOR KOTA,KOTA-324007,P-0744-2365144 / 2365145 / 2365146;Suresh Rathi Securities Pvt. Ltd.:324, Shopping Centre, Kota – 342007Ph:98290 38404,0744-23 60055;Systematix Shares & Stocks (I) Ltd :187, Shopping Centre, Kota, Rajasthan – 324 007Ph:0744 – 2362940 / 41; Lucknow: Alankit Assignments Ltd.:9-A,Ashok Marg,New janpath Complex,Opp. Aayakar Bhawan,Lucknow (U.P.);Anand Rathi, A/1 15 Basement Sec H Purnia Choraha, Nr. HDFC Bank Aliganj -226024,Contact Person:Akash Bhatnagar,Ph:9839911342;Anand Rathi, 27/6/1, Taj Plaza , Madan Mohan Malviya Marg, , , Lucknow - 226 001, India ,Contact Person:Soni Singh,Ph:9415568907;Bonanza Portfolio Ltd :shop G-1- No. 24 B.N. Road City Complex, lalbagh Lucknow- 226001,Contact Person:Manoj Kumar Kushwaha,Ph:9335634036;Bonanza Portfolio Ltd:M/S Mukesh Jain & Company, S - 106, Jain Complex, Indira Nagar-226020,Contact Person:Mukesh,Ph:0522-351888;HDFC Securities Ltd., Chander Nagar, 2nd Floor, Alambagh, Lucknow - 226005, UP ,P-0522-2461684;HSBC InvestDirect Securities (India) Ltd,Room No. 3, 2nd Floor, Shukla Palace, Sapru Marg, Lucknow,Contact:G K Agarwal,P-0522-2393309 / 2382597 / 3236792;KARVY STOCK BROKING LTD,KSM TOWER, CP-1 SINDER DUMP,ALAMBAGH,LUCKNOW-226005,P-0522-4104290 - 96;KARVY STOCK BROKING LTD,HIG-67, SECTOR E,ALIGANJ,LUCKNOW-226024,P-0522-4104280 - 89;KARVY STOCK BROKING LTD,24, “USHA SADAN”,PREM NAGAR, ASHOK MARG,LUCKNOW-226001,P-0522-4104300 - 309;KARVY STOCK BROKING LTD,TEJ KRISHAN PLAZA,313/9, KHUN KUNJI ROAD, CHOWK,LUCKNOW-226003,P-0522-4104310 - 16;KARVY STOCK BROKING LTD,B-1/2, VIJAY KHAND,,NEAR UNION BANKOF INDIA GOMTI NAGAR,LUCKNOW-226010,P-0522-4104270 - 79;KARVY STOCK BROKING LTD,94, MAHATMA GANDHI MARG,OPP: GOVERNOR HOUSE, HAZRATGANJ,LUCKNOW-226001,P-0522-40920004092001;Motilal Oswal Securities Ltd:27/II A,Asha Bhawan,Gokhley Marg,Lucknow 226001Ph:0522 2204471 TO 2204474;RR Investors Capital Servics Pvt. Ltd. G-32,Shriram Tower,13,Ashok Marg,Ph:09335914247;Systematix Shares & Stocks (I) Ltd :120/1, 1st Floor, Indra Karan Plaza,Lalbagh, Lucknow – 226001Ph:0522-3252516/3255346/4029489;Ventura Securities Ltd:R.No.11, 3rd floor, Saran Chambers II, 5 Park Road, Lucknow - 226001, Ph:0522-2238570/1/2; Ludhiana: Anand Rathi, 15,San Plaza,Above CBOP,Feroze Gandhi Market,Ludhiana-141001,Contact Person:Amit Manik,Ph:9317704567;Fortune Equity Brokers (India) Ltd.:SCO No.3, 1st Floor,Bawa BuildingFeroze Gandhi MarketLudhiana - 141001,Contact Person:Mr. Naveen Sharma,Ph:-;HDFC Securities Ltd.,First Mall, Mall Road, Ludhiana - 141001.,P-0161-5069135;KARVY STOCK BROKING LTD,SCO 136, 1ST FLOOR,FEROZE GANDHI MARKET,LUDHIANA-141001,P-0161- 44680050 / 4680062-63 / 4680080 / 4680000 TO 6; Madurai: HDFC Securities Ltd.,Naicker New Street, Madurai 625 001,P-0427-2265313-17;HSBC InvestDirect Securities (India) Ltd,Abhirami Associates, New No: 66, Old No: 223,I Floor,Naicker New Street,Opposite Tamil Nadu Merantile Bank,Madurai - 625 001,Contact:N Rajesh / S Devakumar,P-0452 2631431/432 ;KARVY STOCK BROKING LTD,274, GOODS SHED STREET,~,MADURAI-625001,P-0452-2350852;KARVY STOCK BROKING LTD,RAKESH TOWERS, OPP NAGAPPA MOTOR,NO.30, BY PASS ROAD,,MADURAI-625010,P-0452-2600851 - 854;KARVY STOCK BROKING LTD,PLOT NO 654 - 80 FEET ROAD,NEXT TO LAKSHMI ARASU KALYANA MANDAPAM, K K NAGAR,MADURAI-625020,P-0452-4391700 / 600 / 2523109/ 2530731; Mangalore: Anand Rathi,Ground Floor No.G-10, Crystal Arc, Balmatta Road, Mangalore-575001,Contact Person:G R Prasad,Ph:9845752649;Bonanza Portfolio Ltd:UGII-64, COMMERCIAL COMPLEX,LHH ROAD, OPP K M C,MANGALORE-575001.,Contact Person:Binesh John,Ph:9902000763;HDFC Securities Ltd.,M. G. Road, Mangalore - 575003.,P-0824-2459591;KARVY STOCK BROKING LTD,MAHENDRA ARCADE, NO.4-6-577/21/ 22,KODIABAIL,MANGALORE-575003,P-0824-2.49230224962832E+27;Kotak Securities Ltd., :No.4, 3rd Floor, The Trade Centre, Jyoti Centre, Bunts Hostel Road, Near Jyoti Circle, Mangalore-575 003.Tel:0824-424180; Prabhudas Lilladher Pvt Ltd:C/o.Mulki Inv.& Fin.Consl.Pvt Ltd. Shop No.10, 1st Floor, Divya Enclave, Opp. Canara College, M.G. Street, 6th Cross, Mangalore - 575 003,Contact Person:Mr. Shashidhar Kamath,Ph:0824 2496370, 2496470; Meerut: Bonanza Portfolio Ltd:205, Kaveri Complex, II Floor.P.L. Sharma Road-250001,Contact Person:Nitesh Gupta,Ph:0121-2652535;KARVY STOCK BROKING LTD,1ST FLOOR, MEDI CENTRE,,OPP EVES CENTRE HAPUR ROAD NEAR BACHHA PARK,MEERUT-250002,P-0121-4033727 / 3271640;Shri Parasram Holdings Pvt. Ltd.:185/5, thapar nagar, meerut city, meerut - 250002,Contact Person:gaurav bansal,Ph:9917222888;Shri Parasram Holdings Pvt. Ltd.:S/209-210, Ganga Plaza, 2nd Floor, Begum Bridge Road, Meerut-2500001,Contact Person:Mr. Ashish Kansal,Ph:9897020222;SMC GLOBAL SECURITIES LTD:SMC GLOBAL SEC LTD,KAVERI COMPLEX , P L SHARMA ROAD , MEERUT; Mehsana: HDFC Securities Ltd.,Near Rajkamal Petrol Pump, Highway, Mehsana - 384001,P-02762-259816-17-18-19-20; Mumbai: Intensive Softshare Pvt Ltd: 131, ‘C’ Wing, Mittal Tower, 13th Floor, Nariman Point, Mumbai - 400021, Contact: Mudit Kankariya; Email: [email protected] / [email protected], P-022-22870443/4/5/6; Aditya Birla Money Ltd.,One Indiabulls Centre, Tower-1, 14th floor,Jupiter Mill Compound, 841, S.B. Marg,Elphinstone Road, Mumbai 400 013.,Contact:Glen Almeida 022-43568338;Aditya Birla Money Ltd.,Industry House, Ground Floor, 159, Churchgate Reclamation, Mumbai 400 020.,Contact:Yatish Wadhivkar (SM) 022-67432857/58;Aditya Birla Money Ltd.,Apeejay, 2nd Floor, Opp. Lion Gate, S. B. Road, Fort, Mumbai - 400001.,Contact:Deepali Podtar (CSE) 022-22824350/66338641;Aditya Birla Money Ltd.,Office No. B-407, 4th Floor, Andheri Vertex Vikas Premises Co-op Society Ltd,Sir M.V. Road, Andheri (East), Mumbai 400069.,Contact:Sandeep Mundra (SM) 022-65102605/06/;Aditya Birla Money Ltd.,Abhilasha Bldg No.2, Ground Floor, Punjabi Lane, Off. L.T. Road, Borivali (W), Mumbai - 75.,Contact:Arpit Bhatt (RSM) 022-42441700;Aditya Birla Money Ltd.,Neel Yog Square ,Shop No.04, R.B.Mehta Road, Ghatkopar (E),Mumbai- 75,Contact:022-42441800;Aditya Birla Money Ltd.,Ground floor, Konark Tower, Opp.Saibaba Temple, Ghantali Road, Panchpakhadi, Thane (W) 400 602,Contact:Vilas Mahadik SM) 022-67210222/23/;Aditya Birla Money Ltd.,Shop No 29, Plot No 71, Arenja Corner Premises Co-op Society Ltd.,Sector 17, Vashi , Navi Mumbai . 400703.,Contact:022-61379100-99;Alankit Assignments Ltd.:R. R. House, Ideal Industrial Estate, Opp. New Empire Mills Senapati Bapat Marg,Lower Parel,Mumbai – 400013,P-022-40581200 / 300;Almondz Global Securities Ltd:C/O Bijou Investors Galaxy Pvt Ltd.,9, Crescent Chambers, 2nd Floor 56 Tamarind Lane, Fort, Near BSE, Mumbai 400 001. ,Contact Person:Surendra Tare / Shrikanth Sathe,Ph:022 - 2261 7942 / 8069 / 8137;Amrapali Capital And Finance Services Ltd:7/ 10,2ndFloor,Botawala Bldg.Horniman Circle, Fort,Mumbai- 400023Ph:(022)22630760;Anand Rathi,4th Flr,Silver Metropolis,Jai Coach ,Opp Bimbisar Nagar, Goregaon (E) Mumbai – 400063,Contact Person:Shekhar Margaje,Ph:93231 96623;Anand Rathi,1st Floor, Victoria House, Kamala City, Pandurang Budhkar Rd,, Lower Parel, Mumbai - 400 013,Contact Person:Shaym Bhutra,Ph:022 - 66266666;Anand Rathi , Shop No. 18/19, Anupam CHS Ltd, 60 Feet Road, Opp. Mandvi Bank, Bhayander (W), Thane - 401105 ,Contact Person:Sushil Bajaj,Ph:9320175174;Anand Rathi ,Shop No.4, 5 & 7 Tirupati Darshan Bldg, Fateh Ali Rd, Dombivali (E),Mumbai – 400201,Contact Person:Ashok Vashistha,Ph:9324904791;Anand Rathi, J.K. Somani Bldg 3rd Flr, Bombay Samachar Marg, Mumbai – 23,Contact Person:Santosh Sawant,Ph:66104744;Angel Broking Ltd.,5th floor, Ackruti Star, MIDC, Andheri (E),Mumbai 400 093,Contact:Devendranath Katare-CSO,P-022-39413940 ext-5340/5339;Angel Broking Ltd.,Harikesh, Grd.Floor, Plot No.185, Corner Of Waterfield & 30Th Road, Bandra (W), Mumbai - 400 050,Contact:Shailesh Surve,P-26555560/70;Angel Broking Ltd.,201, Soni Shopping Centre, L.T.Road, Above Kamlesh Jewellers, Borivali (W), Mumbai-400 092,Contact:Amit,P-022 28950941/42/43;Angel Broking Ltd.,32/34,Churchgate House, Veer Nariman Road, Fountain, Opp. Akbarally’S, Churchgate, Mumbai:400 001,Contact:Samir ,P-022- 22022057- 58/ 22840884; Angel Broking Ltd.,124,Kailash Plaza, Opp. Odean Cinema,Ghatkopar(E) Mumbai - 400 071,Contact:Akhilesh Medha,P-55993188/25101525;Angel Broking Ltd.,4C,Shanti Bhuvan, Dr.R.P.Road,Mumbai - 400080,Contact:Bhagyashree Pradhan,P-25622282;Angel Broking Ltd.,101,Ramanand Co-Op Society,Gokhale Rd.Nr. Bank Of Baroda,Naupada, Thane - 400 602,Contact:Madhuri Kadam,P-25390786/0789//0796;Angel Broking Ltd.,Manoj Villa,1St Floor, 27- D. Joshi Road,Mumbai - 400056,Contact:Ketan Shah,P-022 26102894/95;ANS PVT.LTD :207, Business Park, 2nd Floor, Tilak Road, Opp. Food Spot, Ghatkopar (E) Mumbai ,Contact Person:Gautam Gosalia ,Ph:0 22 - 42576600-22;ANS PVT.LTD :11-A, Patel Shopping Center,Chandravarkar Lane, Boriwali (W) Mumbai ,Contact Person:Kandarp Domadia ,Ph:0 22 - 39427996;ANS PVT.LTD :C/9, Satyam Shopping Center, M.G.Road, Ghatkopar (E) Mumbai,Contact Person:Nikhil Udani,Ph:0 22 - 25104141;Asit C. Mehta Investment Interrmediates Ltd.:Asit C Mehta Investment Interrmediates Ltd.Nucleus House, 5th Floor, Opp. L& T Gate No. 7, Saki Vihar Road, Mumbai 400072.Ph:022-28583333;Bonanza Portfolio Ltd :71/73, Botawala Bldg, 3rd Floor,R.No39, Fort ,Mumbai –400 023,Contact Person:Mr.N.B.Mittal, Ph:9819899020;Bonanza Portfolio Ltd :214/215 , PATEL SHOPPING CENTRE, SAI NATH ROAD, MALAD (WEST),MUMBAI - 400 064.,Contact Person:Dinesh Pareekh,Ph:9892113002;Bonanza Portfolio Ltd :Archies Apartments,Oak Baug,New Station Road, Kalyan ( West ),Thane Dist - 421301,Contact Person:Makhijani,Ph:9322217210 /9223289613;Bonanza Portfolio Ltd :8/4 Ramanlal Plot,jambli Galli, Behind Jain Mandir,S V Road, Borivli (W), Mumbai-92,Contact Person:Mr. Deepak Parekh,Ph:9821245642;Bonanza Portfolio Ltd :A/104, Saidham,Carter Road No.3,Borivli ( East ), Mumbai - 400 066,Contact Person:Vijay Sanghvi,Ph:9821034709;Bonanza Portfolio Ltd :Shop-11,1st Floor, Dev Shrusti Bldg, 60 Feet Road, Bhayander(W) -401 101,Contact Person:Mr. Vijay Makwana ,Ph:28184578;Bonanza Portfolio Ltd :101 MILESTONE APTS, 56, T P S Rd,Borivli ( West ),Mumbai -400092,Contact Person:Mr. Atul Mehta,Ph:9322284005;Bonanza Portfolio Ltd :Shop No 3, Swastik Plaza,Voltas Compound, Pokhran No.2,Thane ( West ), Maharashtra - 400601,Contact Person:Mr. C. Makhijani,Ph:9322217210;Bonanza Portfolio Ltd :VAIDYA BHAWAN, 1ST FLR, DR A M ROAD,BHULESHWAR,MUMBAI:- 400 002,Contact Person:Shailesh Mittal,Ph:30928848;Bonanza Portfolio Ltd :Shop No. 3 Sawant house Near Dutta Pada Subway, Dutta Pada Road, Borivali [E]- Mumbai- 400066,Contact Person:Mr. Atul Ratilal Sanghani,Ph:-;Bonanza Portfolio Ltd :214/215, Kailash Plaza,Plot No 355, Vallabh Baug Lane,Ghatkopar ( E ),Mumbai - 400 075,Contact Person:URVISH VORA,Ph:9821174042;Bonanza Portfolio Ltd :337-338, Vardhman Industrial Estate,S.V.Road, Dahisar (East),Mumbai - 468108,Contact Person:Mr. Dinesh Parikh/ Nilesh Parikh,Ph:9819620035;Bonanza Portfolio Ltd : 9/208, Boman Behram Bldg,Dr. Mascarenhas Road,Mazgaon, MUMBAI- 400 101,Contact Person:Mazhar Ali Bohra,Ph:9820877148;Bonanza Portfolio Ltd :Shop no.9, Sector 14,Land Mark Society,VashiNavi, Mumbai – 400 703,Contact Person:Hemant Londhe, Ph:9323053828;Bonanza Portfolio Ltd :101-102, Shivji Market, Plot 8 & 9 Sector - 19 D, Vashi ,Navi Mumbai - 400705,Contact Person:JITU BHAI,Ph:9820016857;Bonanza

2 INVENTURE GROWTH & SECURITIES LIMITED (Cont. on page 15) IN THE NATURE OF ABRIDGED PROSPECTUS - MEMORANDUM CONTAINING SALIENT FEATURES OF THE RED HERRING PROSPECTUS (RHP) GENERAL INSTRUCTIONS any reason thereof. In case the Issuer decides to do so, it shall issue a public notice within two days of Families or HUFs, in the individual name of the Karta. The Bidder should specify that the Bid is being Applicants are advised to read the Red Herring Prospectus and the the closure of bidding, indicating the reasons for withdrawal of the issue in the newspapers in which the made in the name of the HUF in the Bid cum Application Form / ASBA Bid cum Application Form as general instructions contained in this Memorandum carefully and to Bid advertisement appeared earlier. The BRLM, through the Registrar, shall notify the SCSBs to unblock follows: “Name of Sole or First bidder: XYZ Hindu Undivided Family applying through XYZ, where XYZ satisfy themselves of the disclosures before making an application for the bank accounts of the ASBA Bidders within one Working Day from the day of receipt of such notification. is the name of the Karta”. Bids by HUFs would be considered at par with those from individuals; subscription. Unless otherwise specified, all the terms used in this form The Issuer shall also inform the Stock Exchanges, on which the Equity Shares are proposed to be listed, Companies, corporate bodies and societies registered under the applicable laws in India and authorised shall have the same meaning as in the Red Herring Prospectus. For a of its intention of withdrawing the Issue. to invest in equity shares under their respective constitutional and charter documents; Mutual Funds copy of the Red Herring Prospectus (RHP) the applicant may request 14. Arrangements for disposal of odd lots : Our Company’ shares will be traded in dematerialized form only registered with SEBI; Eligible NRIs on a repatriation basis or on a non repatriation basis subject to us and/or the members of the Syndicate. Further, investors are advised and therefore the marketable lot is one (1) share. Therefore, there is no possibility of odd lots. applicable laws; Indian financial institutions, commercial banks (excluding foreign banks), regional 15. Restrictions on transfer of shares etc. and alteration of capital structure : Except for the lock-in of the pre rural banks, co-operative banks (subject to RBI regulations and the SEBI ICDR Regulations and other to retain the copy of the Red Herring Prospectus/Abridged prospectus issue capital of our Company and the promoters contribution as provided in the section titled “Capital laws, as applicable); FIIs and sub-accounts registered with SEBI, other than a sub-account which is a for their future reference. Reference to all page numbers correspond to Structure” begining on page 52 of the RHP and otherwise as provided in the our Articles, there are no foreign corporate or foreign individual bidding in QIB portion; Limited Liability Partnerships (LLPs) page numbers in the RHP unless otherwise specified. restrictions on transfers and transmission of shares/debentures and on their consolidation/splitting except registered in India and authorised to invest in equity shares; Sub-accounts of FIIs registered with SEBI, as provided in our Articles. For further details, please refer to the section titled ‘Main Provisions of the which are foreign corporates or foreign individuals only under the Non-Institutional Bidders category; 1. TERMS OF THE ISSUE : The Equity Shares being offered are subject to the provisions of the Companies Articles of Association of our Company’ beginning on page number 332 of the Red Herring Prospectus. Venture Capital Funds registered with SEBI; State Industrial Development Corporations; Trusts/ Act, the Memorandum and Articles of Association of our Company, conditions of RBI approval, the terms 16. Application by Non Residents/NRIs/FIIs : There is no reservation for Non Residents, NRIs, FIIs and societies registered under the Societies Registration Act, 1860, as amended, or under any other law of the Red Herring Prospectus, Bid-cum-Application Form, ASBA Form, the Revision Form, the and other Foreign Venture Capital Funds and all Non Residents, NRI, FII and Foreign Venture Capital Fund relating to trusts/societies and who are authorised under their constitution to hold and invest in equity terms and conditions as may be incorporated in the Allotment advice and other documents/certificates applicants will be treated on the same basis with other categories for the purpose of Allocation. As per shares; Scientific and/or industrial research organisations authorised to invest in equity shares; that may be executed in respect of this Issue. The Equity Shares shall also be subject to laws as applicable, the policy of the RBI, Overseas Corporate Bodies cannot participate in the Issue. Insurance Companies registered with Insurance Regulatory and Development Authority; Provident guidelines, notifications and regulations relating to this Issue of capital and listing and trading of securities 17. ISSUE PROCEDURE : This section applies to all Bidders. All Bidders can participate in the Issue Funds with minimum corpus of ` 2,500 lakhs and who are authorised under their constitution to hold and issued from time to time by SEBI, Government of India, Stock Exchanges, Reserve Bank of India, through the ASBA process. Furthermore, pursuant to SEBI circular bearing number CIR/CFD/DIL/1/2011 invest in equity shares; Pension Funds with minimum corpus of ` 2,500 lakhs and who are authorised Registrar of Companies and / or other authorities, as in force on the date of this Issue and to the extent dated April 29, 2011 non- retail Investors are mandatorily required to utilise the ASBA facility to participate under their constitution to hold and invest in equity shares; Foreign Venture Capital Investors registered applicable. in the Issue. ASBA Bidders should note that the ASBA process involves application procedures that are with SEBI; Multilateral and bilateral development financial institutions; National Investment Fund 2. Authority for the Issue : The Board of Directors have, pursuant to a resolution passed at its meeting held different from the procedure applicable to Bidders other than the ASBA Bidders. Bidders applying set up by a resolution no. F. No. 2/3/2005- DD II dated November 23, 2005 of the Government of India, on October 16, 2009 authorised the Issue, subject to the approval of the shareholders of our Company through the ASBA process should carefully read the provisions applicable to such applications before published in the Gazette of India; Insurance funds set up and managed by army, navy or air force of under Section 81 (1A) of the Companies Act. The Issue of Equity Shares has been authorized by a special making their application through the ASBA process. Please note that all Bidders are required to make the Union of India Insurance funds set up and managed by the Department of Posts, India All other resolution adopted pursuant to Section 81(1A) of the Companies Act, 1956 at the Extra Ordinary General payment of the full Bid Amount with the Bid cum Application Form. In case of ASBA Bidders, an amount personseligible to invest under all applicable laws, rules, regulations and guidelines As per the existing Meeting of the shareholders held on December 21, 2009. equivalent to the full Bid Amount will be blocked by the SCSB at the time of Bidding. regulations, OCBs cannot participate in this Issue. 3. Ranking of Equity Shares : The Equity Shares being issued through this Issue shall be subject to the 18. Book Building Procedure : In terms of Rule 19(2)(b)(i) of the SCRR, this is an Issue for at least 25% of 21. Participation by Associates of BRLM and Syndicate Members : The BRLM and Syndicate Members shall provisions of the Companies Act, our Memorandum and Articles of Association and shall rank pari passu the post-Issue capital of our Company. The Issue is being made through the 100% Book Building Process not be allowed to subscribe to this Issue in any manner except towards fulfilling their underwriting in all respects with the other existing Equity Shares of our Company including rights in respect of wherein upto 50% of the Issue will be allocated on a proportionate basis to Qualified Institutional Buyers obligations. However, associates and affiliates of the BRLM and Syndicate Members may subscribe to dividends. The Allottees, in receipt of Allotment of Equity Shares under this Issue, will be entitled to (“QIBs”), out of which 5% shall be available for allocation on a proportionate basis to Mutual Funds only. or purchase Equity Shares in the Issue, either in the QIB Portion or in Non-Institutional Portion as may dividend or any other corporate benefits, if any, declared by our Company after the date of allotment. For The remainder shall be available for allocation on a proportionate basis to all QIBs, including Mutual be applicable to such investors, where the allocation is on a proportionate basis. Such Bidding and a description of our Articles of Association, please refer to the section titled ‘Main Provisions of the Articles Funds, subject to valid Bids being received from them at or above the Issue Price. Further, not less than subscription may be on their own account or on behalf of their clients. of Association’ beginning on page number 332 of the Red Herring Prospectus. 15% of the Issue shall be available for allocation on a proportionate basis to Non-Institutional Bidders 22. Participation by eligible/permitted Sub-Accounts which are foreign corporates or foreign individuals : 4. Mode of Payment of Dividend : We shall pay dividend to the shareholders as per the provisions of the and not less than 35% of the Issue shall be available for allocation on a proportionate basis to Retail Eligible/permitted Sub-Accounts which are foreign corporates or foreign individuals may Bid in the Non- Companies Act, 1956 and recommended by the Board of Directors and the shareholders at their discretion, Individual Bidders, subject to valid Bids being received at or above the Issue Price. Any Bidder may Institutional Portion, subject to receipt of appropriate approvals from applicable regulatory authorities. and will depend on a number of factors, including but not limited to earnings, capital requirements and participate in this Issue through the ASBA process by providing the details of their respective bank 23. Bids by Mutual Funds : As per the SEBI ICDR Regulations, 5% of the QIB Portion, has been specifically overall financial condition of our Company. accounts / bank account held by a third party (subject to conditions as set forth hereinbelow) in which the reserved for Allocation to Mutual Funds on a proportionate basis. An eligible Bid by a Mutual Fund in 5. Face Value and Issue Price : The Equity Shares with a face value of ` 10 each will be issued in terms of corresponding Bid amounts will be blocked by SCSBs. Non- retail investors are mandatorily required to the Mutual Fund Portion shall first be considered for allocation proportionately in the Mutual Fund the Red Herring Prospectus to be filed with the RoC, Maharashtra at a price of ` [] per share. At any make use of the ASBA facility. All Bidders including ASBA Bidders can submit their Bids through the Portion. In the event that the demand in the Mutual Fund Portion is greater than 1,75,000 Equity Shares, given point of time, there shall be only one denomination for the Equity Shares of the Company, subject Syndicate (at ASBA bidding locations). Pursuant to SEBI circular number CIR/CFD/DIL/1/2011 dated allocation shall be made to Mutual Funds proportionately, to the extent of the Mutual Fund Portion. The to applicable laws. April 29, 2011, the Syndicate/ sub-syndicate members may procure the ASBA Bid cum Application Form remaining demand by the Mutual Funds shall, as part of the aggregate demand by QIBs, be available 6. Rights of the Equity Shareholder : Subject to applicable laws, the equity shareholders shall have the from investors in Mumbai, Chennai, Kolkata, Delhi, Ahmedabad, Rajkot, Jaipur, Bangalore, Hyderabad, for allocation proportionately out of the remainder of the QIB Portion, after excluding the allocation in following rights: i. Right to receive dividend, if declared; ii. Right to attend general meetings and exercise Pune, Baroda, and Surat and submit the same to the SCSB. Syndicate/ sub-syndicate members are the Mutual Fund Portion. The Bids made by the asset management companies or custodians of Mutual voting powers, unless prohibited by law; iii. Right to vote on a poll either in person or by proxy; iv. Right required to upload the bid and other relevant details of the ASBA BidcumApplication Form in the Funds shall specifically state the names of the concerned schemes for which the Bids are made. In case to receive offers for rights shares and be allotted bonus shares, if announced; v. Right to receive surplus electronic bidding system provided by the Stock Exchanges and forward the same to the SCSBs. In case of a Mutual Fund, a separate Bid can be made in respect of each scheme of the Mutual Fund registered on liquidation subject to statutory and other preferential claims being satisfied; vi. Right of free transferability; of QIB Bidders, the Company, in consultation with the BRLM, may reject Bids at the time of acceptance with SEBI and such Bids in respect of more than one scheme of the Mutual Fund will not be treated as and vii. Such other rights, as may be available to a shareholder of a listed public company under the of Bid cum Application Form provided that the reasons for such rejection shall be communicated to the multiple Bids provided that the Bids clearly indicate the scheme concerned for which the Bid has been Companies Act , the terms of the Listing Agreements executed with the Stock Exchanges and the QIB Bidder at the time of rejection of the Bid. In case of Non-Institutional Bidders and Retail Individual made. No mutual fund scheme shall invest more than 10% of its net asset value in the equity shares or Memorandum and Articles of Association of the Company. For further details on the main provisions of Bidders, the Company would have a right to reject the Bids only on technical grounds. The identity of QIBs equity related instruments of any single company provided that the limit of 10% shall not be applicable our Company’s Articles of Association dealing with voting rights, dividend, forfeiture and lien, transfer and bidding in the Issue under QIB Portion shall not be made public. Investors should note that the Equity for investments in index funds or sector or industry specific funds. No mutual fund under all its schemes transmission and/or consolidation/splitting, please refer to the section titled ‘Main Provisions of the Shares will be allotted to all successful Bidders only in dematerialized form. The Bid cum Application should own more than 10% of any single company’s paid-up share capital carrying voting rights. Articles of Association’ beginning on page number 332 of the Red Herring Prospectus. Forms which do not have the details of the Bidders’ depository account shall be treated as incomplete 24. Bids by Insurance Companies : In case of Bids made by insurance companies registered with the IRDA, 7. Compliance with SEBI (ICDR)Regulations : We shall comply with all disclosures and accounting norms and rejected. Bidders will not have the option of being Allotted Equity Shares in physical form. The a certified copy of certificate of registration issued by IRDA must be lodged along with the Bid cum as specified by SEBI from time to time. Equity Shares on Allotment shall be traded only in the dematerialised segment of the Stock Exchanges. Application Form / ASBA Bid cum Application Form. Failing this, our Company reserves the right to 8. Market Lot and Trading Lot : In terms of Section 68B of the Companies Act, 1956, the Equity Shares of Bidders are advised to make their independent investigations and ensure that the number of Equity accept or reject any Bid in whole or in part, in either case, without assigning any reason thereof. The the Company shall be allotted only in dematerialized form. In terms of existing SEBI (ICDR) Regulations, Shares Bid for do not exceed the applicable limits under applicable laws, regulations or approvals. exposure norms for insurers, prescribed under the Insurance Regulatory and Development Authority the trading in the Equity Shares of the Company shall only be in dematerialized form for all investors. Bidders are advised to make their own enquiries about the limits applicable to them. Bidders are (Investment) Regulations, 2000, as amended (the “IRDA Investment Regulations”), are broadly set forth Since trading of our Equity Shares will be in dematerialized form, the tradable lot would be one Equity required to ensure that the PAN (of the sole/ first Bidder) provided in the Bid cum Application Form below: (a) equity shares of a company: the least of 10% of the investee company’s subscribed capital (face Share. Allocation and Allotment in this issue will be only in electronic form in multiples of one Equity or the ASBA Bid cum Application Form is exactly the same as the PAN of the person(s) in whose name value) or 10% of the respective fund in case of life insurer or 10% of investment assets in case of general Share subject to a minimum Allotment of 50 Equity Shares. For details of allocation and allotment, the relevant beneficiary account is held. If the Bid cum Application Form or the ASBA Bid cum insurer or reinsurer; (b) the entire group of the investee company: the least of 10% of the respective fund please refer to paragraph titled ‘Basis of Allotment’ on page number 319 in the chapter titled “Issue Application Form was submitted in joint names, Bidders are required to ensure that the beneficiary in case of a life insurer or 10% of investment assets in case of a general insurer or reinsurer (25% in case Procedure” beginning on page number 292 of the Red Herring Prospectus. accounts are held in the same joint names in the same sequence in which they appeared in the Bid of ULIPS); and (c) The industry sector in which the investee company operates: 10% of the insurer’s total 9. Jurisdiction : The jurisdiction for the purpose of this issue is with competent courts/authorities in cum Application Form or the ASBA Bid cum Application Form. investment exposure to the industry sector (25% in case of ULIPS). In addition, the IRDA partially Mumbai, India. 19. Bid cum Application Form and ASBA Bid cum Application Form : Retail Individual Bidders shall use amended the exposure limits applicable to investments in public limited companies in the infrastructure 10. Nomination Facility to the Investor : In accordance with Section 109A of the Companies Act, the sole only the specified Bid cum Application Form bearing the stamp of a member of the Syndicate for the and housing sectors, i.e. December 26, 2008, providing, among other things, that the exposure of an or first bidder, along with other joint bidders, may nominate any one person in whom, in the event of the purpose of making a Bid in terms of the Red Herring Prospectus. Non- retail Bidders shall use the specified insurer to an infrastructure company may be increased to not more than 20%, provided that in case of death of sole bidder or in case of joint bidders, death of all the bidders, as the case may be, the Equity ASBA Bid cum Application Form, indicating the mode of payment option as being “ASBA” obtained from equity investment, a dividend of not less than 4% including bonus should have been declared for at least Shares allotted, if any, shall vest. A person, being a nominee, entitled to the Equity Shares by reason any member of the Syndicate, for the purpose of making a Bid in terms of the Red Herring Prospectus. five preceding years. This limit of 20% would be combined for debt and equity taken together, without of the death of the original shareholder(s), shall in accordance with Section 109A of the Companies Act, Before being issued to Bidders, the Bid cum Application Form (except in relation to ASBA Bidders) shall sub-ceilings. Further, investments in equity including preference shares and the convertible part of be entitled to the same advantages to which he or she would be entitled if he or she were the registered be serially numbered. Bidders (other than ASBA Bidders) are required to submit their Bids through the debentures shall not exceed 50% of the exposure norms specified under the IRDA Investment Regulations. holder of the equity share(s). Where the nominee is a minor, the holder(s) may make a nomination to Syndicate or their affiliates (at ASBA bidding locations). Such Bidders shall only use the specified Bid 25. Bids by Provident Funds / Pension Funds : In case of Bids made by provident funds with minimum corpus appoint, in the prescribed manner, any person to become entitled to equity share(s) in the event of his cum Application Form bearing the stamp of a member of the Syndicate for the purpose of making a Bid of ` 2,500 lakhs (subject to applicable law) and pension funds with minimum corpus of ` 2,500 lakhs, or her death during the minority. A nomination shall stand rescinded upon a sale/ transfer/ alienation of in terms of the Red Herring Prospectus. ASBA Bidders including QIBs and Non Institutional Bidders, shall a certified copy of certificate from a chartered accountant certifying the corpus of the provident fund/ equity share(s) by the person nominating. A buyer will be entitled to make a fresh nomination in the submit the ASBA Bid cum Application Form either in physical or electronic form to the SCSB with whom pension fund must be lodged along with the Bid cum Application Form / ASBA Bid cum Application manner prescribed. Fresh nomination can be made only on the prescribed form available on request at the ASBA Account is maintained or to a member of the Syndicate (Syndicate / Sub - syndicate members Form. Failing this, our Company reserves the right to accept or reject any Bid in whole or in part, in either the Registered Office of our Company or to the Registrar and Transfer Agents of our Company. In at the ASBA Bidding Locations may procure the ASBA Bid cum Application Form from investors and case, without assigning any reason thereof. accordance with Section 109B of the Companies Act, any person who becomes a nominee by virtue of submit the same to SCSBs) authorising blocking funds that are available in the bank account specified 26. Bids by Eligible NRIs : 1. Bid cum Application Forms / ASBA Bid cum Application Forms for Eligible the provisions of Section 109A of the Companies Act, shall upon the production of such evidence as may in the ASBA Bid cum Application Form used by ASBA Bidders (through the internet banking facility NRIs applying on a repatriation basis (blue in colour if under the retail portion), have been made available be required by the Board, elect either: i. to register himself or herself as the holder of the Equity Shares; available with the SCSBs or such other electronically enabled mechanism for Bidding). The ASBA Bid for Eligible NRIs at the Registered Office of the Company and with members of the Syndicate (at ASBA or ii. to make such transfer of the Equity Shares, as the deceased holder could have made. Further, the cum Application Form will also be available on the websites of the BSE and the NSE at least 1 day prior bidding locations) or SCSBs and the Registrar to the Issue, as the case may be. 2. Only such applications Board may at any time give notice requiring any nominee to choose either to be registered himself or to the Bid/Issue Opening Date and shall bear a unique application number. The BRLM and the SCSBs as are accompanied by payment in freely convertible foreign exchange shall be considered for Allotment. herself or to transfer the Equity Shares, and if the notice is not complied with within a period of ninety will provide the hyperlink to BSE or NSE on their websites. No separate receipts shall be issued for the Eligible NRIs who intend to make payment through NonResident Ordinary (“NRO”) accounts or by debits days, the Board may thereafter withhold payment of all dividends, bonuses or other monies payable in money payable on the submission of Bid cum Application Form or Revision Form. However, the collection to their Non-Resident External (“NRE”) or Foreign Currency Non-Resident (“FCNR”) accounts should use respect of the Equity Shares, until the requirements of the notice have been complied with. Since the centre of the Syndicate will acknowledge the receipt of the Bid cum Application Forms or Revision Forms the application form meant for Resident Indians (Blue in color if under the retail portion, Blue ASBA Bid allotment of Equity Shares in the Issue will be made only in dematerialized mode, there is no need to make by stamping and returning to the Bidder, the acknowledgment slip. This acknowledgment slip will serve cum Application Forms to be used if the Bid amount exceeds ` 2 lakhs) and shall not use the form meant a separate nomination with us. Nominations registered with respective depository participant of the as the duplicate of the Bid cum Application Form for the records of the Bidder and the Bidder shall for any reserved category. 3. Bids by Eligible NRIs for a Bid Amount of up to ` 2 lakhs would be considered applicant would prevail. If the investors require to change the nomination, they are requested to inform preserve this and should provide the same for any queries relating to non-Allotment of Equity Shares in under the Retail Portion for the purposes of allocation and Bids for a Bid Amount of more than ‘` 2 lakhs their respective depository participant. the Issue. The Bid cum Application Form shall contain information about the Bidder and the price and would be considered under Non-Institutional Portion for the purposes of allocation. Eligible NRIs Bidding 11. Minimum Subscription : “If the Company does not receive the minimum subscription of 90% of the issue number of Equity Shares that the Bidder wishes to Bid for. Bidders shall have the option to make a under the Non- Institutional Portion are required to utilise the ASBA facility to submit their Bids. amount, including devolvement of the Underwriter/ Members of the Syndicate, if any, within 60 days from maximum of 3 Bids in the Bid cum Application Form and such options shall not be considered multiple 27. Bids by FIIs : As per the current regulations, the following restrictions are applicable for investments the date of Bid/Issue Closing Date, our Company shall forthwith refund the entire subscription amount Bids. On filing of the Prospectus with the RoC, the Bid cum Application Form or the ASBA Bid cum by FIIs: The issue of Equity Shares to a single FII should not exceed 10% of the post-issue issued capital received. If there is a delay beyond eight days after the Company becomes liable to pay the amount, the Application Form, as the case may be, shall be treated as a valid application form. On completion and of the Company (i.e. 10% of 2 ,10,00,000 Equity Shares). In respect of an FII investing in the Equity Company shall pay interest prescribed under Section 73 of the Companies Act, 1956.” Further, in terms submission of the Bid cum Application Form or the ASBA Bid cum Application Form, as the case may Shares of the Company on behalf of its sub-accounts, the investment on behalf of each sub-account shall of sub-regulation (4) of Regulation 26 of the SEBI (ICDR) Regulations, we shall ensure that the number be, to a member of the Syndicate or the SCSB, the Bidder is deemed to have authorised our Company not exceed 10% of the total issued capital of the Company or 5% of the total issued capital of the Company of prospective allottees to whom Equity Shares will be allotted will not be less than 1000. The Equity to make the necessary changes in the Red Herring Prospectus and the Bid cum Application Form/ ASBA in case such sub-account is a foreign corporate or a foreign individual. In accordance with the foreign Shares have not been and will not be registered under the U.S. Securities Act 1933, as amended (the Bid cum Application Form as would be required under the SEBI ICDR Regulations and other applicable investment limits applicable to our Company, such investment must be made out of funds raised or “Securities Act”) or any state securities laws in the United States and may not be offered or sold within laws, for filing the Prospectus with the RoC and as would be required by SEBI and/or the RoC after such collected or brought from outside India through normal banking channels and the investment must not the United States or to, or for the account or benefit of, “U.S. persons” (as defined in Regulation S of the filing, without prior or subsequent notice of such changes to the Bidder. The prescribed colour of the Bid exceed the overall ceiling specified for FIIs. Under the portfolio investment scheme, the aggregate issue Securities Act), except pursuant to an exemption from, or in a transaction not subject to, the registration cum Application Form for various categories is as follows: of equity shares to FIIs and their sub-accounts should not exceed 24% of post-issue Paid-up equity capital requirements of the Securities Act. Accordingly, the Equity Shares may be offered and sold only outside Category; Colour of Bid cum Application Form; Colour of ASBA Bid cum Application Form : Resident of a company. However, this limit can be increased to the permitted sectoral cap/statutory limit, as the United States in compliance with Regulation S and the applicable laws of the jurisdiction where those Indians and Eligible NRIs applying on a non-repatriation basis where the Bid Amount does not exceed applicable to our Company after obtainingapproval of its Board of Directors followed by a special resolution offers and sales occur. The Equity Shares have not been and will not be registered, listed or otherwise ` 2 lakhs; White; White; Resident Indians and Eligible NRIs applying on a non-repatriation basis where to that effect by its shareholders in their general meeting. As of the date of the Red Herring Prospectus, qualified in any other jurisdiction outside India and may not be offered or sold, and Bids may not be made the Bid Amount exceeds ` 2 lakhs; Not applicable; White; Non-Residents and Eligible NRIs applying our Company has not passed such resolution and the total foreign investment including FII investment by persons in any such jurisdiction, except in compliance with the applicable laws of such jurisdiction. on a repatriation basis where the Bid Amount does not exceed ` 2 lakhs; Blue; Blue; Non-Residents, cannot exceed 24% of our total issued capital unless approved by the shareholders of our Company. 12. BID/ISSUE Program Eligible NRIs, FVCIs Multilateral and bilateral development financial institutions and FIIs applying on Subject to compliance with all applicable Indian laws, rules, regulations guidelines and approvals in Bid/Issue opens on : July 20, 2011 Bid/Issue closes on : July 22, 2011 a repatriation basis where the Bid Amount exceeds ` 2 lakhs; Not applicable; Blue. terms of regulation 15A(1) of the Securities Exchange Board of India (Foreign Institutional Investors) 20. Who can Bid? : Indian nationals resident in India, who are not minors, or in the names of their minor Regulations 1995, as amended (the “SEBI FII Regulations”), an FII, as defined in the SEBI FII Regulations, 13. Withdrawal of the Issue : The Issuer, in consultation with the BRLM, reserves the right not to proceed children as natural/legal guardians, in single or joint names (not more than three); Hindu Undivided or its sub-account may issue, deal or hold, off shore derivative instruments (defined under the SEBI FII with the Issue at anytime including after the Bid Closing Date but prior to Allotment, without assigning

INVENTURE GROWTH & SECURITIES LIMITED 3 IN THE NATURE OF ABRIDGED PROSPECTUS - MEMORANDUM CONTAINING SALIENT FEATURES OF THE RED HERRING PROSPECTUS (RHP) Regulations as any instrument, by whatever name called, which is issued overseas by a FII against prior to the Bid / Issue Opening Date. A unique application number will be generated for every ASBA Exchanges. If sufficient funds are available in the ASBA Account, the SCSB will block an amount equal securities held by it that are listed or proposed to be listed on any recognized stock exchange in India, as Bid cum Application Form downloaded and printed from the websites of the Stock Exchanges. The BRLM to the Bid Amount and will carry out other procedures including signature verification. (i) The Bid Amount its underlying) directly or indirectly, only in the event (i) such offshore derivative instruments are issued only and the SCSBs will provide the hyperlink to the BSE or the NSE on their websites. (b) The BRLM shall shall remain blocked in the aforesaid ASBA Account until finalisation of the Basis of Allotment and to persons who are regulated by an appropriate regulatory authority; and (ii) such offshore derivative ensure that adequate arrangements are made to circulate copies of the Red Herring Prospectus and consequent transfer of the Bid Amount against the Allotted Equity Shares to the Public Issue Account, instruments are issued after compliance with ‘know your client’ norms. The FII or sub-account is also ASBA Bid cum Application Forms to the members of the Syndicate and the SCSBs. The members of the or until withdrawal/failure of the Issue or until withdrawal/rejection of the ASBA Bid cum Application required to ensure that no further issue or transfer of any Offshore Derivative Instrument issued by it is made Syndicate and the SCSBs will then make available such copies to non- retail Investors who are required Form, as the case may be. Once the Basis of Allotment is finalised, the Registrar to the Issue shall send to any persons that are not regulated by an appropriate foreign regulatory authority as defined under the to apply in this Issue through the ASBA process and retail Investors intending to apply in this Issue through an appropriate request to the Controlling Branch of the SCSB for unblocking the relevant ASBA Accounts SEBI Regulations. Associates and affiliates of the underwriters including the BRLM and the Syndicate the ASBA process. Additionally, the BRLM shall ensure that the members of the Syndicate and the and for transferring the amount allocable to the successful Bidders to the Public Issue Account. In case Member that are FIIs may issue offshore derivative instruments against Equity Shares Allotted to them SCSBs are provided with soft copies of the abridged prospectus as well as the ASBA Bid cum Application of withdrawal/failure of the Issue, the blocked amount shall be unblocked on receipt of such information in the Issue. Any such offshore derivative instrument does not constitute any obligation of, claim on or an Forms and that the same are made available on the websites of the SCSBs. (c) ASBA Bidders, under from the Registrar to the Issue. (j) The identity of the QIBs, who have been allocatted Equity Shares, interest in, our Company. the ASBA process, who wish to obtain the Red Herring Prospectus and/or the ASBA Bid cum Application bidding in the Issue shall not be made public. (k) Along with the Bid cum Application Form, all Bidders 28. Bids by SEBI registered Venture Capital Funds and Foreign Venture Capital Investors : As per the current Form can obtain such documents from the Designated Branches of the SCSBs, BRLM or members of the will make payment in the manner described under the paragraph titled “Payment Instructions” on page regulations, the following restrictions are applicable for SEBI Registered Venture Capital Funds and Syndicate/ sub-syndicate members located in the ASBA Bidding Locations. ASBA Bidders can also number309 in the chapter titled ‘Issue Procedure’ beginning on page number292 of the Red Herring Foreign Venture Capital Investors: The SEBI (Venture Capital) Regulations, 1996 and the SEBI (Foreign obtain a copy of the abridged prospectus and/or the ASBA Bid cum Application Form in electronic form Prospectus. INVESTORS ARE ADVISED NOT TO SUBMIT THE BID CUM APPLICATION FORMS TO Venture Capital Investor) Regulations, 2000 prescribe investment restrictions on venture capital funds from the websites of the SCSBs and the Stock Exchanges. (d) The Bids should be submitted on the THE ESCROW COLLECTION BANKS. BIDS SUBMITTED TO THE ESCROW COLLECTION BANKS and foreign venture capital investors registered with SEBI. Accordingly, whilst the holding by any individual prescribed ASBA Bid cum Application Form either in physical mode or in electronic mode through the SHALL BE REJECTED AND SUCH BIDDERS SHALL NOT BE ENTITLED TO ANY COMPENSATION venture capital fund registered with SEBI in one company should not exceed 25% of the corpus of the internet banking facility offered by an SCSB for bidding and blocking funds in the bank account maintained ON ACCOUNT OF SUCH REJECTION. Bidders may note that in case the details of DP ID, Client ID venture capital fund, a Foreign Venture Capital Investor can invest its entire funds committed for investments with the SCSB specified in the ASBA Bid cum Application Form. ASBA Bidders in ASBA Bidding and PAN mentioned in the ASBA Bid cum Application Form and entered into the electronic bidding into India in one company. Further, Venture Capital Funds and Foreign Venture Capital Investors can Locations may also submit the ASBA Bid cum Application Form to the Syndicate/ sub-syndicate members. system of the Stock Exchanges by the Syndicate Members do not match with the details of DP ID, invest only up to 33.33% of the investible funds by way of subscription to an initial public offer. The Syndicate/ sub-syndicate members are required to upload the bid and other relevant details of the Client ID and PAN available in the Depository database, the ASBA Bid cum Application Form, is 29. Bids by limited liability partnerships : In case of Bids made by limited liability partnerships registered ASBA Bid cum Application Form in the electronic bidding system provided by the stock exchanges and liable to be rejected. under the Limited Liability Partnership Act, 2008, a certified copy of certificate of registration issued under forward the same to the SCSBs. (e) ASBA Bidders shall correctly mention the bank account number in 34. Bids at Different Price Levels and Revision of Bids : (a) The Bidders can bid at any price within the Price the Limited Liability Partnership Act, 2008, must be attached to the Bid cum Application Form. Failing the ASBA Bid cum Application Form and ensure that funds equal to the Bid Amount are available in the Band, in multiples of Re.1 (One). The Price Band and the minimum Bid Lot size for the Issue will be this, our Company reserves the right to reject any Bid, without assigning any reason thereof. Refunds, bank account maintained with the SCSB before submitting the ASBA Bid cum Application Form to the decided by the Company, in consultation with the BRLM, and also publish the same in two national dividends and other distributions, if any, will be payable in Indian Rupees only at the rate of exchange applicable Designated Branch or members of the Syndicate/ sub-syndicate members in Mumbai, Chennai, newspapers (one each in English and Hindi) and in one Marathi newspaper with wide circulation. This prevailing at the time of remittance and net of bank charges and/or commission. In case of Bidders Kolkata, Delhi, Ahmedabad, Rajkot, Jaipur, Bangalore, Hyderabad, Pune, Baroda, and Surat. In case advertisement shall be in the prescribed format. The Price Band and the minimum Bid Lot size for the who remit money through Indian Rupee drafts purchased abroad, such payments in Indian Rupees the amount available in the bank account specified in the ASBA Bid cum Application Form is insufficient Issue will be decided by the Company in consultation with the BRLM and advertised in two(2) national will be converted into US Dollars or any other freely convertible currency as may be permitted by the for blocking the amount equivalent to the Bid Amount, the SCSB shall reject the Bid. (f) If the ASBA news papers (one each in English and Hindi) and one Marathi newspaper with wide circulation at least RBI at the rate of exchange prevailing at the time of remittance and will be dispatched by registered Account holder is different from the ASBA Bidder, the ASBA Bid cum Application Form should be signed two (2) working days prior to the Bid/ Issue Opening Date. (b) The Company, in consultation with the post or if the Bidders so desire, will be credited to their NRE accounts, details of which should be by the account holder as provided in the ASBA Bid cum Application Form. Bidders may note that in case BRLM, reserves the right to revise the Price Band during the Bidding/ Issue Period, provided that the Cap furnished in the space provided for this purpose in the Bid cum Application Form. Our Company the details of DP ID, Client ID and PAN mentioned in the ASBA Bid cum Application Form and Price shall be less than or equal to 120% of the Floor Price and the Floor Price shall not be less than the will not be responsible for loss, if any, incurred by the Bidder on account of conversion of foreign entered into the electronic bidding system of the Stock Exchanges by the Syndicate Members do not face value of the Equity Shares. The revision in Price Band shall not exceed 20% on the either side i.e. currency. There is no reservation for Eligible NRIs and FIIs and all applicants will be treated on the same match with the details of DP ID, Client ID and PAN available in the Depository database, the ASBA the floor price can move up or down to the extent of 20% of the floor price disclosed at least two (2) days basis with other categories for the purpose of allocation. Bid cum Application Form, is liable to be rejected. prior to the Bid/ Issue Opening Date and the Cap Price will be revised accordingly. (c) In case of revision 30. Maximum and Minimum Bid Size : (a) For Retail Individual Bidders: The Bid must be for a minimum of 33. Method and Process of Bidding : (a) The Company and the BRLM shall declare the Bid/Issue Opening in the Price Band, the Bid/Issue Period will be extended for three additional days after revision of Price 50 Equity Shares and in multiples of 50 Equity Share thereafter, so as to ensure that the Bid Amount Date, Bid/Issue Closing Date in the Red Herring Prospectus to be registered with the RoC and also Band subject to a maximum of 10 working days. Any revision in the Price Band and the revised Bid/Issue payable by the Bidder does not exceed ` 2 lakhs. In case of revision of Bids, the Retail Individual Bidders publish the same in two national newspapers (one each in English and Hindi) and in one Marathi Period, if applicable, will be widely disseminated by notification to the BSE and the NSE, by issuing a have to ensure that the Bid Amount does not exceed ` 2 lakhs. If the Bid Amount is over `2 lakhs due newspaper with wide circulation. This advertisement shall be in the prescribed format. The Price Band public notice in two national newspapers (one each in English and Hindi) and also by indicating the to revision of the Bid or revision of the Price Band or on exercise of the option to be Bid at the Cut-off Price, and the minimum Bid Lot size for the Issue will be decided by the Company in consultation with the BRLM change on the websites of the BRLM, SCSBs and at the terminals of the members of the Syndicate. (d) the Bid would be considered for allocation under the Non-Institutional Portion only if the Bidding was and advertised in two(2) national news papers (one each in English and Hindi) and one Marathi newspaper The Company, in consultation with the BRLM can finalise the Issue Price within the Price Band in done through ASBA. The option to Bid at the Cut-Off Price is given only to the Retail Individual Bidders, with wide circulation at least two (2) working days prior to the Bid/ Issue Opening Date. The Members of accordance with this clause, without the prior approval of, or intimation, to the Bidders. (e) The Bidders indicating their agreement to Bid and purchase at the final Issue Price as determined at the end of the the Syndicate and the SCSBs shall accept Bids from the Bidders during the Issue Period. (b) The Bid/ can bid at any price within the Price Band. The Bidder has to bid for the desired number of Equity Shares Book Building Process. (b) For Other Bidders (Non-Institutional Bidders and QIBs): The Bid must be for a Issue Period shall be for a minimum of three working days and shall not exceed 10 working days. The Bid/ at a specific price. Retail Individual Bidders may bid at the Cut-off Price. However, bidding at Cut-off Price minimum of such number of Equity Shares in multiples of 50 such that the Bid Amount exceeds `2 lakhs. Issue Period maybe extended, if required, by an additional three working days, subject to the total Bid/ is prohibited for QIB and Non-Institutional Bidders and such Bids from QIB and Non-Institutional Bidders A Bid cannot be submitted for more than the Issue Size. However, the maximum Bid by a QIB investor Issue Period not exceeding 10 working days. Any revision in the Price Band and the revised Bid/ Issue shall be rejected. (f) Retail Individual Bidders, who Bid at Cut-off Price agree that they shall purchase the should not exceed the investment limits prescribed for them by applicable laws. A QIB Bidder cannot Period, if applicable, will be published in two national newspapers (one each in English and Hindi) and Equity Shares at any price within the Price Band. Retail Individual Bidders bidding at Cut-Off Price shall withdraw its Bid after the Bid/Issue Closing Date and is required to pay the entire Bid amount upon one Marathi newspaper with wide circulation and also by indicating the change on the websites of the submit the Bid cum Application Form along with a cheque/demand draft for the Bid Amount based on submission of the Bid. The identity of QIB Bidding in the Issue under the QIB Portion shall not be made BRLM and at the terminals of the members of the Syndicate and by intimation to the SCSBs. (c) Bidders, the cap of the Price Band with the members of the Syndicate. In case of ASBA Bidders bidding at Cut- public during the Issue Period. In case of revision in Bids, Non-Institutional Bidders who are individuals who are interested in subscribing to the Equity Shares should approach any of the members of the off Price, the ASBA Bidders shall instruct the SCSBs (directly or through ASBA Bid cum Application have to ensure that the Bid Amount is greater than ` 2 lakhs for being considered for allocation in the Syndicate, their authorised agents or SCSBs to register their Bids, during the Bid / Issue Period. The Forms submitted to the Syndicate members) to block an amount based on the Cap Price. In the event the Non-Institutional Portion. If the Bid Amount reduces to ` 2 lakhs or less due to a revision in Bids or revision members of the Syndicate shall accept Bids from the all Bidders and shall have the right to vet the Bids, Bid Amount is higher than the subscription amount payable by the Retail Individual Bidders, who Bid of the Price Band, Bids by Non-Institutional Bidders who are eligible for allocation in the Retail Portion during the Bid / Issue Period in accordance with the terms of the Syndicate Agreement and the Red at Cut-off Price, shall receive the refund of the excess amounts from the respective Refund Account in the would be considered for allocation under the Retail Portion. Non-Institutional Bidders and QIBs are not Herring Prospectus. QIB and Non Institutional Bidders must necessarily use the ASBA process and manner described under the paragraph “Payment of Refunds”. (g) In case of an upward revision in the allowed to Bid at the Cut-Off Price. A QIB Bidder cannot withdraw its Bid after the Bid/Issue Closing Bidders using the ASBA facility to submit their Bids should approach the Syndicate members or Designated Price Band announced as above, Retail Individual Bidderswho had Bid at Cut-off Price could either (i) Date. Non–retail Investors i.e. QIBs and Non Institutional Investors who intend to participate in the Branches of the SCSBs (at ASBA Bidding Locations) to register their Bids. ASBA Bidders are required revise their Bid or (ii) make additional payment based on the revised Cap Price (such that the total amount Issue are mandatorily required to submit their Bids through the ASBA facility. Payments made upon to submit their Bids either in physical or electronic mode to SCSBs or to the Syndicate/ sub-syndicate i.e., original Bid Amount plus additional payment does not exceed `2 lakhs for Retail Individual Bidders, any revision of Bids shall be adjusted against the payment made at the time of the original Bid or the members (at ASBA Bidding Locations) in designated cities. ASBA Bidders submitting their Bids in if the Bidder wants to continue to Bid at Cut-off Price), with the Syndicate member to whom the original previously revised Bid. The maximum and minimum Bid size applicable to a QIB, Retail Individual Bidder physical mode should approach the Designated Branches of the SCSBs. ASBA Bidders submitting their Bid was submitted, or, in the case of ASBA Bidders, instruct the SCSB or the Syndicate/ sub-syndicate or a Non-Institutional Bidder shall be applicable to an ASBA Bidder in accordance with the category that Bids in electronic form should submit their Bids using the internet enabled bidding and banking facility member (such Syndicate/ sub-syndicate member to further instruct the relevant SCSB) to whom the such ASBA Bidder falls under. The above information is given for the benefit of the Bidders. The of the SCSBs for bidding and blocking funds in the accounts of the bank account maintained with the original Bid was submitted to block additional amounts based on the cap of the revised Price Band. In Bidders are advised to make their own enquiries about the limits applicable to them. Our Company SCSB specified in the ASBA Bid cum Application Form, and accordingly registering such Bids. Every case the total amount (i.e., original Bid Amount plus additional payment) exceeds `2 lakhs for Retail and the Book Running Lead Manager do not accept any responsibility for the completeness and Designated Branch of the SCSBs shall accept Bids from all such investors who wish to place Bids through Individual Bidders bidding at the Cut-off Price the Bid will be considered for allocation under the Non- accuracy of the information in relation to applicable investment limits or number of Equity Shares that them and the account in which funds are to be blocked is maintained with them. Such SCSBs shall have Institutional Portion in terms of the Red Herring Prospectus. If, however, the Bidder does not either revise can be held by them stated herein. Our Company and the Book Running Lead Manager are not liable the right to vet the Bids, subject to the terms of the SEBI ICDR Regulations and the Red Herring the Bid or make additional payment and the Issue Price is higher than the Cap Price prior to revision, the for any amendments or modification or changes in applicable laws or regulations, which may occur Prospectus. The Designated Branches of the SCSBs shall provide to the ASBA Bidders an acknowledgment number of Equity Shares Bid for shall be adjusted downwards for the purpose of Allotment, such that no after the date of the Red Herring Prospectus. Bidders are advised to make their independent investigations specifying the application number as proof of acceptance of the ASBA Bid cum Application Form. Such additional payment would be required from the Bidder and the Bidder is deemed to have approved such and ensure that any Bid from them does not exceed the investment limits or maximum number of acknowledgment does not in any manner guarantee that the Equity Shares Bid for shall be allocated to revised Bid at Cut-off Price. (h) In case of a downward revision in the Price Band, announced as above, Equity Shares that can be held by them under applicable law or regulation or as specified in the Red the ASBA Bidders. Upon receipt of the ASBA Bid cum Application Form, submitted in physical or Retail Individual Bidders, who have bid at Cut-off Price could either revise their Bid or the excess amount Herring Prospectus. Refund amounts following a permitted withdrawal of a Bid shall be paid in the electronic mode, the Designated Branch of the SCSB shall verify if sufficient funds equal to the Bid paid at the time of bidding would be refunded from the Escrow Account or unblocked by the SCSBs. The manner described under paragraph titled “Payment of Refund”. Amount are available in the ASBA Account, as specified in the ASBA Bid cum Application Form, prior Company, in consultation with the BRLM, shall decide the minimum number of Equity Shares for each 31. Information for the Bidders: (a) The Company will file the Red Herring Prospectus with the RoC at least to uploading such Bids with the Stock Exchanges. If sufficient funds are not available in the ASBA Bid to ensure that the minimum application value is within the range of ` 5,000 to ` 7,000. In the event 3 (three) days before the Bid/Issue Opening Date. (b) Copies of the Bid cum Application Form and the Account, the Designated Branch of the SCSB shall reject such Bids and shall not upload such Bids with of any revision in the Price Band, whether upward or downward, the minimum application size shall ASBA Bid cum Application Form, as also the Red Herring Prospectus will be available with the members the Stock Exchanges. ASBA Bidders in ASBA Bidding Locations may also submit the ASBA Bid cum remain 50 Equity Shares irrespective of whether the Bid Amount payable on such minimum application of the Syndicate and at our Registered Office. For ASBA Bidders, Bid cum Application Forms in physical Application Form to the Syndicate/ sub-syndicate members. Each such Syndicate/ sub-syndicate member is not in the range of ` 5,000 to ` 7,000. (i) When a Bidder has revised his or her Bid, he or she shall form will be available with the Designated Branches and with the members of the Syndicate; and shall provide to the ASBA Bidders an acknowledgement as proof of acceptance of the ASBA Bid cum surrender the earlier TRS and get a revised TRS from the members of the Syndicate. It is the Bidder’s electronic ASBA Bid cum Application Forms will be available on the websites of the BSE and the NSE Application Form. The Syndicate/ sub-syndicate members are required to upload the bid and other responsibility to request for and obtain the revised TRS, which will act as proof of revision of the previous and the Designated Branches of the SCSBs. (c) Any Investor (who is eligible to invest in our Equity Shares) relevant details of the ASBA Bid cum Application Form in the electronic bidding system provided by the Bid. (j) Any revision of the Bid shall be accompanied by payment in the form of cheque or demand draft who would like to obtain the Red Herring Prospectus and/or the Bid cum Application Form or the ASBA stock exchanges and forward the same to the SCSBs. (d) Each Bid cum Application Form will give the for the incremental amount, if any, to be paid on account of the upward revision of the Bid. With respect Bid cum Application Form can obtain the same from our Registered Office or from any of the members Bidder the choice to bid for up to three optional prices (for details refer to the paragraph titled “Bids at to the Bids by ASBA Bidders, if revision of the Bids results in an incremental amount, the relevant SCSB of the Syndicate. In addition, electronic ASBA Bid cum Application Forms shall be available on the Different Price Levels” below) within the Price Band and specify the demand (i.e., the number of Equity or the Syndicate/ sub-syndicate member (such Syndicate/ sub-syndicate member to further instruct the websites of SCSBs. Furthermore, the SCSBs shall ensure that the abridged prospectus is made available Shares Bid for) in each option. The price and demand options submitted by the Bidder in the Bid cum relevant SCSB) to whom the original Bid was submitted shall block the additional Bid Amount. In case on their websites. (d) Our Company, the BRLM shall declare the Bid / Issue Opening Date and the Bid Application Form and / or ASBA Bid cum Application Form will be treated as optional demands from the of Bids, other than ASBA Bids, the Syndicate shall collect the payment in the form of cheque or demand / Issue Closing Date at the time of filing of the Red Herring Prospectus with the RoC and the same shall Bidder and will not be cumulated. After determination of the Issue Price, the maximum number of Equity draft if any, to be paid on account of the upward revision of the Bid. In such cases, the Syndicate will revise also be published in two national daily newspapers (one each in English and in Hindi) of wide circulation, Shares Bid for by a Bidder at or above the Issue Price will be considered for allocation/Allotment and the the earlier Bids details with the revised Bid and provide the cheque or demand draft number of the new and one regional (Marathi) daily newspaper of wide circulation, where the Registered Office of our rest of the Bid(s), irrespective of the Bid Price, will become automatically invalid. (e) The Bidder cannot payment instrument in the electronic book. The Registrar will reconcile the Bid data and consider the Company is situated. (e) Eligible Bidders who are interested in Bidding for the Equity Shares should bid on another Bid cum Application Form after Bids on one Bid cum Application Form have been revised Bid data for preparing the Basis of Allotment. The excess amount, if any, resulting from downward approach any of the BRLM or the Syndicate Members or their authorised agent(s) to register their Bids. submitted to any member of the Syndicate. Submission of a second Bid cum Application Form or ASBA revision of the Bid would be returned to the Bidder at the time of refund in accordance with the terms of Eligible Bidders can approach the members of the Syndicate or their authorised agent(s) to submit their Bid cum Application Form to either the same or to another member of the Syndicate or the SCSBs will the Red Herring Prospectus. Bids under the ASBA process. It may be noted that QIBs and Non Institutional Investors are mandatorily be treated as multiple Bids and is liable to be rejected either before entering the Bid into the electronic 35. Escrow mechanism, terms of payment and payment into the Escrow Accounts : For details of the escrow required to submit their Bids through the ASBA facility, in order to participate in the Issue. (f) The Bids bidding system, or at any point of time prior to the allocation or Allotment of Equity Shares in this Issue. mechanism and payment instructions, please refer to the section titled “Issue Procedure-Payment Instructions” should be submitted on the prescribed Bid cum Application Form or the prescribed ASBA Bid cum However, the Bidder can revise the Bid through the Revision Form, the procedure for which is detailed on page number 309 of the Red Herring Prospectus. Application Form only, as the case may be. Bids by ASBA Bidders shall be accepted by the members of under the paragraph titled “Build up of the Book and Revision of Bids”. (f) An ASBA Bidder cannot Bid, 36. Electronic Registration of Bids : (a) The members of the Syndicate and the SCSBs will register the Bids the Syndicate (and, in the ASBA Bidding Locations, by members of the Sub - syndicate) and Designated either in physical or electronic mode, on another ASBA Bid cum Application Form or a non-ASBA Bid received, using the online facilities of the Stock Exchanges. There will be at least one online connectivity Branches of SCSBs in accordance with the SEBI ICDR Regulations and any other circulars issued by cum Application Form after a Bid on one ASBA Bid cum Application Form, (i) either in physical or in each city, where the Stock Exchanges are located in India and where such Bids are being accepted. SEBI in this regard. Bid cum Application Forms or ASBA Bid cum Application Forms should bear the electronic mode, has been submitted to the Designated Branches of SCSBs and uploaded by the ASBA A SCSB shall not upload bids received through any ASBA in the electronic bidding system of the Stock stamp of the members of the Syndicate or Designated Branch. Bid cum Application Forms or ASBA Bid Bidder, (ii) has been submitted to Syndicate / sub-syndicate members in the designated cities. Submission Exchanges unless: (i) it has received the ASBA Bid cum Application Form in a physical or electronic form; cum Application Forms (except electronic ASBA Bid cum Application Forms), which do not bear the stamp of a second ASBA Bid cum Application Form or a non-ASBA Bid cum Application Form to either the same and (ii) it has blocked the application money in the ASBA Account specified in the ASBA Bid cum of a member of the Syndicate or the Designated Branch, are liable to be rejected. (g) With effect from or to another Designated Branch of the SCSB or to the Syndicate/ sub-syndicate members in designated Application Form or has systems to ensure that electronic ASBA Bid cum Application Form are accepted August 16, 2010, the demat accounts of Bidders for whom PAN details have not been verified excluding cities will be treated as multiple Bids and will be liable to be rejected either before entering the Bid into in the system only after blocking of application money in the relevant bank account opened with it. A (i) persons resident in the state of Sikkim; (ii) the Central or State Governments and the (iii) officials the electronic bidding system, or at any point of time prior to the allocation or Allotment of Equity Shares member of the Syndicate/ sub-syndicate member shall not upload any Bid received through ASBA in the appointed by the courts, who, may be exempted from specifying their PAN for transacting in the securities in the Issue. However, the ASBA Bidder can revise the Bid through the ASBA Revision Form, the electronic bidding system of the Stock Exchanges unless it has received the ASBA Bid cum Application market, shall be “suspended for credit” and no credit of Equity Shares pursuant to the Issue will be made procedure for which is detailed under the paragraph “Build up of the Book and Revision of Bids”. (g) The Form in a physical or electronic form. (b) The Stock Exchanges will offer a screen-based facility for into the accounts of such Bidders. Bidders are advised not to submit the Bid cum Application Form to Escrow members of the Syndicate or the SCSBs will enter each Bid option into the electronic bidding system as registering such Bids for the Issue. This facility will be available on the terminals of the members of the Collection Banks and the same will be rejected in such cases and the Bidders will not be entitled to any a separate Bid and generate a Transaction Registration Slip, (“TRS”), for each price and demand option Syndicate and their authorised agents and the SCSBs during the Bid / Issue Period. The members of compensation whatsoever. and give the same to the Bidder. Therefore, a Bidder can receive up to three TRSs for each Bid cum Syndicate and the Designated Branches of the SCSBs can also set up facilities for off-line electronic 32. ASBA Bidders : ASBA Bid cum Application Forms should bear the stamp of a member of the Syndicate Application Form or ASBA Bid cum Application Form. (h) With respect to ASBA Bidders who have registration of Bids subject to the condition that it will subsequently upload the off-line data file into the and/or Designated Branch of the SCSB. ASBA Bid cum Application Forms which do not bear the stamp submitted their physical ASBA Bid cum Application Form to the members of the Syndicate at the ASBA on-line facilities for book building on a regular basis. (c) On the Bid / Issue Closing Date, the members of a member of the Syndicate or SCSB will be rejected. (a) Copies of ASBA Bid cum Application Forms Bidding Locations, on receipt of the ASBA Bid cum Application Form from the relevant member of the of the Syndicate and the Designated Branches of the SCSBs shall upload the Bids until such time as may in physical form will be available with the Designated Branches and with the members of the Syndicate; Syndicate, the relevant Designated Branch of the SCSB will verify if sufficient funds equal to the Bid be permitted by the Stock Exchanges. This information will be available with the BRLM on a regular basis. and electronic ASBA Bid cum Application Forms will be available for downloading and printing, from Amount are available in the ASBA Account. If sufficient funds are not available in the ASBA Account, In order to ensure that the data uploaded is accurate, the Syndicate may be permitted one Working Day the websites of the Stock Exchanges (which provide electronic interface for ASBA facility) at least 1 day the Designated Branch of the SCSB will reject the Bid and shall not upload such bids with the Stock after the Bid/Issue Closing Date to amend some of the data fields (currently DP ID, Client ID) entered by

4 INVENTURE GROWTH & SECURITIES LIMITED IN THE NATURE OF ABRIDGED PROSPECTUS - MEMORANDUM CONTAINING SALIENT FEATURES OF THE RED HERRING PROSPECTUS (RHP) them in the electronic bidding system. Bidders are cautioned that a high inflow of Bids typically experienced the electronic data received from the Stock Exchanges and the information received from the SCSBs. that do not contain such details are liable to be rejected. Hence, Bidders are advised to immediately on the last Working Day of the Bidding may lead to some Bids received on the last Working Day not being 38. Price Discovery and Allocation : (a) After the Bid / Issue Closing Date, the Registrar to the Issue shall update their bank account details, PAN and Demographic Details as appearing on the records of the uploaded due to lack of sufficient uploading time, and such Bids that could not uploaded will not be aggregate the demand generated under the ASBA process with the Bids received under the non-ASBA Depository Participant and ensure that they are true and correct. Failure to do so could result in delays considered for allocation. Bids will only be accepted on Working Days, i.e., Monday to Friday (excluding process to determine the demand generated at different price levels. Thereafter, the BRLM shall analyze in dispatch/credit of refunds to Bidders at the Bidders sole risk and neither the BRLM northe Registrar to any public holiday). (d) The bidding terminals of the Stock Exchanges shall contain an online graphical the demand generated at various price levels and discuss pricing strategy with the Company. Based on the Issue or the Escrow Collection Banks or the SCSBs nor our Company shall have any responsibility display of demand and Bid prices updated at periodic intervals not exceeding 30 minutes. Based on the the demand generated at various price levels, our Company in consultation with the BRLM shall finalise and undertake any liability for the same. Hence, Bidders should carefully fill in their depository account aggregate demand and price for Bids registered on the electronic facilities of the Stock Exchanges a the Issue Price. (b) In case of over-subscription in all categories, not more than 50% of the Issue shall be details in the Bid cum Application Form. Please note that in case the DP ID, Client ID and PAN graphical representation of consolidated demand and price would be made available at the bidding available for allocation on a proportionate basis to QIBs. 5% of the QIB Portion shall be available for mentioned in the Bid cum Application Form / ASBA Bid cum Application Form and entered into the centres and at the websites of each of the Stock Exchanges during the Bid/Issue Period along with allocation to Mutual Funds. Mutual Funds participating in the 5% share in the QIB Portion will also be electronic Bidding system of the Stock Exchanges by the members of the Syndicate, do not match with category wise details. (e) At the time of registering each Bid, the members of the Syndicate or the eligible for allocation in the remaining QIB Portion. However, if the aggregate demand by Mutual Funds the DP ID, Client ID and PAN available in the depositories’ database, such Bid cum Application Form Designated Branches of the SCSBs in case of ASBA Bids shall enter the following details of the Bidder is less than 5% of the QIB Portion, the balance Equity Shares from the portion specifically available for / ASBA Bid cum Application Form is liable to be rejected. IT IS MANDATORY FOR ALL THE BIDDERS in the electronic system: Name of the Bidder ASBA Bid cum Application Form number Investor allocation to Mutual Funds in the QIB Portion will first be added to the QIB Portion and be allocated TO GET THEIR EQUITY SHARES IN DEMATERIALISED FORM. ALL BIDDERS SHOULD MENTION Category – Individual, Corporate, non-institutional, qualified institutional buyer, Eligible NRI, FII, or proportionately to the QIBs in proportion to their Bids. In the event that the aggregate demand in the QIB THEIR PAN DEPOSITORY PARTICIPANT’S NAME, DEPOSITORY PARTICIPANT IDENTIFICATION Mutual Fund, financial institutions, insurance companies, etc. PAN (of first Bidder, if more than one Portion has been met, under-subscription, if any, will be met with spill-over from any other category or NUMBER AND BENEFICIARY ACCOUNT NUMBER IN THE BID CUM APPLICATION FORM / Bidder) Depository Participant Identity (“DP ID”) Client ID Beneficiary account number of the combination of categories at the discretion of the Company, in consultation with the BRLM and the ASBA BID CUM APPLICATION FORM AS THE CASE MAY BE. INVESTORS MUST ENSURE THAT Bidder Numbers of Equity Shares Bid for. Price option. Amount. Cheque number and Designated Stock Exchange. (c) Under-subscription, if any, in any category may be met with spill over from THE PAN, DP ID NUMBER AND BENEFICIARY ACCOUNT NUMBER GIVEN IN THE BID CUM cheque amount, in case of Bidder other than ASBA Bidders. Bank Account Details in case of ASBA any other category or combination of categories at the sole discretion of our Company in consultation with APPLICATION FORM / ASBA BID CUM APPLICATION FORM AS THE CASE MAY BE IS EXACTLY Bidders. In case of submission of the Bid by an ASBA Bidder through the electronic mode, the ASBA the BRLM. However, if the aggregate demand by Mutual Funds in the Mutual Fund Portion is less than THE SAME AS PROVIDED IN THE DEPOSITORY ACCOUNT. IF THE BID CUM APPLICATION Bidder shall complete the above-mentioned details, except the ASBA Bid cum Application Form number 1,75,000 Equity Shares, the balance Equity Shares available for allocation in the Mutual Fund Portion FORM / ASBA BID CUM APPLICATION FORM IS SUBMITTED IN JOINT NAMES, IT SHOULD BE which shall be system generated. (f) Upon request, a system generated TRS, on demand, will be given will first be added to the QIB Portion and be allocated proportionately to the QIB Bidders. In the event ENSURED THAT THE DEPOSITORY ACCOUNT IS ALSO HELD IN THE SAME JOINT NAMES AND to the Bidder as a proof of the registration of each of the Bidding options. It is the Bidder’s responsibility the aggregate demand in the QIB Portion has been met, under subscription, if any, would be allowed ARE IN THE SAME SEQUENCE IN WHICH THEY APPEAR IN THE BID CUM APPLICATION FORM to obtain the TRS from the members of the Syndicate or Designated Branches. The registration of the Bid by to be met with spill-over from any other category or combination of categories at the discretion of our / ASBA BID CUM APPLICATION FORM. Since these Demographic Details will be used for all the member of the Syndicate or the Designated Branches does not guarantee that the Equity Shares shall Company in consultation with the BRLM and the Designated Stock Exchange. (d) Allocation to Non- correspondence with the Bidders, they are advised to update the Demographic Details as provided to their be allocated / Allotted by our Company. (g) Such TRS will be non-negotiable and by itself will not create Residents, including Eligible NRIs, FIIs and foreign venture capital funds registered with SEBI, applying Depository Participants. The Demographic Details given by Bidders in the Bid cum Application Form / any obligation of any kind. (h) In case of QIB Bidders the BRLM has a right to accept the Bid or reject it. on repatriation basis will be subject to applicable law. (e) Our Company reserves the right to cancel or ASBA Bid cum Application Form will not be used for any other purposes by the Registrar to the Issue. However, such rejection shall be made at the time of receiving the Bid and only after assigning a reason withdraw the Issue at any time after the Bid/Issue Opening Date but before the Board meeting for By signing the Bid cum Application Form / ASBA Bid cum Application Form, the Bidder would be for such rejection in writing. In case of Non-Institutional Bidders and Retail Individual Bidders, Bids will Allotment. If our Company withdraws from the Issue, it shall issue a public notice that shall include deemed to have authorised the Depositories to provide, upon request, to the Registrar to the Issue, the not be rejected except on technical grounds. The SCSB may reject the Bids made through the ASBA reasons for such withdrawal within two days of the closure of the Issue. The notice of withdrawal shall be required Demographic Details as available on its records. Refund Orders (where refunds are not being process if the ASBA Account maintained with the SCSB as specified in the ASBA Bid cum Application issued in the same newspapers where the pre-Issue advertisements have appeared and our Company made electronically) / Allotment Advice / would be mailed at the address of the Bidder as per the Form does not have sufficient funds equivalent to the Bid Amount. Furthermore, the SCSBs shall have shall also promptly inform the Stock Exchanges. If our Company withdraws the Issue after the Bid / Issue Demographic Details received from the Depositories. Bidders may note that delivery of refund orders/ no right to reject Bids except on technical grounds. Syndicate members may also reject Bids if all Closing Date and thereafter determines that it will proceed with an initial public offering of Equity Shares, Allotment Advice / may get delayed if the same once sent to the address obtained from the Depositories information required is not provided and Bid cum Application Form / ASBA Bid cum Application Forms it shall file a fresh draft red herring prospectus with the SEBI. (f) If an ASBA Bidder wants to withdraw are returned undelivered. In such an event, the address and other details given by the Bidder in the is incomplete in any respect. Subsequent to the acceptance of the Bid by the Designated Branch, the the ASBA Bid cum Application Form during the Bidding Period, the ASBA Bidder shall submit the Bid cum Application Form / ASBA Bid cum Application Form would be used only to ensure Company will have a right to reject the Bids only on technical grounds listed in the Red Herring Prospectus withdrawal request to a Syndicate member the SCSB, through whom the applicant had placed the dispatch of refund orders. Any such delay shall be at the Bidders sole risk none of neither our and the Prospectus. (i) The permission given by the Stock Exchanges to use their network and software original bid, which shall perform the necessary actions, including deletion of details of the withdrawn Company, nor Escrow Collection Banks, the Designated Branch of the SCSBs, the Syndicate Members, of the online IPO system should not in any way be deemed or construed to mean that the compliance with ASBA Bid cum Application Form from the electronic bidding system of the Stock Exchanges and unblocking the BRLM nor the Registrar to the Issue shall be liable to compensate the Bidder for any losses caused various statutory and other requirements by our Company and / or the BRLM are cleared or approved by of funds in the relevant bank account. (g) If an ASBA Bidder, excluding QIB Bidder wants to withdraw the to the Bidder due to any such delay or liable to pay any interest for such delay. In case of refunds the Stock Exchanges; nor does it in any manner warrant, certify or endorse the correctness or completeness ASBA Bid cum Application Form after the Bid / Issue Closing Date, the ASBA Bidder shall submit the through electronic modes as detailed in the Red Herring Prospectus, Bidders may note that refunds of any of the compliance with the statutory and other requirements nor does it take any responsibility for withdrawal request to the Registrar to the Issue before finalisation of basis of Allotment. The Registrar may be delayed if bank particulars obtained from the Depository Participant are incorrect. In case no the financial or other soundness of our Company, our Promoters, our management or any scheme or to the Issue shall delete the withdrawn Bid from the Bid file. The instruction for and unblocking of funds corresponding record is available with the Depositories, which matches the three parameters, namely, project of our Company nor does it in any manner warrant, certify or endorse the correctness or completeness in the relevant bank account, in such withdrawals, shall be forwarded by the Registrar to the Issue to the Bidder’s PAN (in case of joint Bids, PAN of first applicant), the DP ID and the beneficiary’s identity, of any of the contents of the Red Herring Prospectus; nor does it warrant that the Equity Shares will be SCSB once the basis of Allotment has been approved by the Designated Stock Exchange. (h) QIB Bidders such Bids are liable to be rejected. listed or will continue to be listed on the Stock Exchanges. (j) Only Bids that are uploaded on the online shall not be allowed to withdraw their Bid after the QIB Bid / Issue Closing Date. (i) Allotment status 47. Bids under Power of Attorney : In case of Bids made pursuant to a power of attorney or by limited IPO system of the Stock Exchanges shall be considered for allocation/Allotment. The Member of the details shall be available on the website of the Registrar to the Issue. companies, corporate bodies, registered societies, a certified copy of the power of attorney or the relevant Syndicate shall capture all data relevant for the purposes of finalising the Basis of Allotment while 39. Signing of Underwriting Agreement and RoC Filing : (a) Our Company, the BRLM and the Syndicate resolution or authority, as the case may be, along with a certified copy of the Memorandum of Association uploading Bid data in the electronic Bidding systems of the Stock Exchanges. The members of the Members intend to enter into an Underwriting Agreement on or immediately after the finalisation of the and Articles of Association and/or bye laws must be lodged along with the Bid cum Application Form. Syndicate shall be given one Working Day after the Bid / Issue Closing Date to verify the information Issue Price. (b) After signing the Underwriting Agreement, our Company will update and file the updated Failing this, the Company reserves the right to accept or reject any Bid in whole or in part, in either case, uploaded on the online IPO system during the Bidding Period after which the Registrar to the Issue shall Red Herring Prospectus with the ROC in terms of Section 56, 60 and 60B of the Companies Act, and other without assigning any reason therefore. In case of Bids made pursuant to a power of attorney by FIIs, a proceed with the Allotment of Equity Shares. (k) It is to be noted that Syndicate Members or the SCSB, provisions of applicable laws which then would be termed the ‘Prospectus’. The Prospectus will contain certified copy of the power of attorney or the relevant resolution or authority, as the case may be, along as the case may be, shall be responsible for any error in the Bid details uploaded by them. In case of the details of the Issue Price, Issue size, underwriting arrangements and will be completed in all material with a certified copy of their SEBI registration certificate must be lodged along with the Bid cum Application apparent data entry error by either Syndicate Member or collecting bank in entering the application respects. Form. Failing this, the Company reserves the right to accept or reject any Bid in whole or in part, in either number in their respective schedules other things remaining unchanged, the Bid may be considered as 40. Filing of the Red Herring Prospectus and the Prospectus with the RoC : Our Company will file a copy of case, without assigning any reason therefore. In case of Bids made by insurance companies registered valid and such exceptions may be recorded in minutes of the meeting submitted to Stock Exchange(s). the Red Herring Prospectus and the Prospectus with the RoC in terms of Section 56, Section 60 and with the Insurance Regulatory and Development Authority, a certified copy of certificate of registration In the event of mistake in capturing the application number by either the Syndicate Member or collecting Section 60B of the Companies Act. issued by Insurance Regulatory and Development Authority must be lodged along with the Bid cum bank leading to rejection of Bid, the Registrar may identify based on the Bid form, the entity responsible 41. Pre-Issue Advertisement : Subject to Section 66 of the Companies Act, our Company shall, after Application Form. Failing this, the Company reserves the right to accept or reject any Bid in whole or in for the error. Valid records in electronic file will be those for which money is received. The BRLM, the registering the Red Herring Prospectus with the ROC, publish a pre-Issue advertisement, in the form part, in either case, without assigning any reason therefore. In case of Bids made by provident funds with Company, and the Registrar to the Issue are not responsible for any acts, mistakes or errors or omission prescribed by the SEBI ICDR Regulations, in two national daily newspapers (one each in English and minimum corpus of `250 million (subject to applicable law) and pension funds with minimum corpus of and commission in relation to Bids accepted by SCSBs or Syndicate members, Bids uploaded by SCSBs in Hindi)of wide circulation, and one regional (Marathi) daily newspaper of wide circulation, where the `250 million, a certified copy of certificate from a chartered accountant certifying the corpus of the or Syndicate members, Bids accepted but not uploaded by SCSBs or Syndicate members, or Bids registered office of our Company is situated. In the pre-Issue advertisement, we shall state the Issue provident fund/ pension fund must be lodged along with the Bid cum Application Form. Failing this, the accepted and uploaded without blocking funds in the ASBA Accounts. It shall be presumed that for Bids Opening Date, the Issue Closing Date and the Issue Closing Date applicable to QIBs. Company reserves the right to accept or reject any Bid in whole or in part, in either case, without assigning uploaded by SCSBs, the Bid Amount has been blocked in the relevant ASBA Account. 42. Advertisement regarding Issue Price and Prospectus : Our Company will issue a statutory advertisement any reason thereof. In case of Bids made by mutual fund registered with SEBI, venture capital fund 37. Build up of the book and revision of bids : (a) The Bidding process shall be only through an electronically in two national daily newspapers (one each in English and in Hindi) of wide circulation, and one regional registered with SEBI and foreign venture capital investor registered with SEBI, a certified copy of their linked transparent bidding facility provided by the Stock Exchanges. Bids received from various Bidders (Marathi) daily newspaper of wide circulation, where the registered office of our Company is situated after SEBI registration certificate must be submitted with the Bid cum Application Form. Failing this, the through the members of the Syndicate and the SCSBs shall be electronically uploaded to the Stock the filing of the Prospectus with the RoC. This advertisement, in addition to the information that has to Company reserves the right to accept or reject any Bid in whole or in part, in either case, without assigning Exchanges’ mainframe on a regular basis. (b) The book gets built up at various price levels. At the end be set out in the statutory advertisement, shall indicate the Issue Price. Any material updates between any reason therefore. The Company in its absolute discretion, reserves the right to relax the above of each day of the Bidding Period, the demand shall be shown graphically on the bidding terminals of the date of the Red Herring Prospectus and the date of Prospectus will be included in such statutory condition of simultaneous lodging of the power of attorney along with the Bid cum Application form, the Syndicate and the websites of the Stock Exchanges. This information will be available with the BRLM advertisement. subject to such terms and conditions that the Company and the BRLM may deem fit. Our Company, in at the end of the Bidding Period. (c) During the Bid / Issue Period, any Bidder who has registered his or 43. Issuance of Allotment Advice : (a) On approval of the basis of Allotment by the Designated Stock its absolute discretion, reserves the right to permit the holder of the power of attorney to request the her interest in the Equity Shares at a particular price level is free to revise his or her Bid within the Price Exchange and on Allotment by the Board of Directors or any committee constituted thereof, the Registrar Registrar to the Issue that, for the purpose of printing particulars on the refund order and mailing of the Band using the printed Revision Form or ASBA Revision Form, which is a part of the Bid cum Application to the Issue shall send to the members of the Syndicate and SCSBs a list of their Bidders who have been refund order/ allocation advice, the Demographic Details given on the Bid cum Application Form should Form / ASBA Bid cum Application Form. Retail Individual Bidders may revise their Bids within the Price Allotted Equity Shares in the Issue. The approval of the basis of allocation by the Designated Stock be used (and not those obtained from the Depository of the Bidder). In such cases, the Registrar to the Band at any time until finalisation of the Basis of Allotment. (d) Revisions can be made in both the desired Exchange for QIB Bidders may be done simultaneously with or before the approval of the basis of Issue shall use Demographic Details as given on the Bid cum Application Form instead of those obtained number of Equity Shares and the Bid Amount by using the Revision Form or ASBA Revision Form, as allocation for the Retail Individual Bidders and Non-Institutional Bidders. However, investors should note from the Depositories. the case may be. Apart from mentioning the revised options in the Revision Form / ASBA Revision Form, that our Company shall ensure that the instructions by our Company for demat credit of the Equity Shares Payment Instructions the Bidder must also mention the details of all the options in his or her Bid cum Application Form / ASBA to all investors in the Issue shall be given on the same date as the date of Allotment. (b) The Registrar 48. Escrow Mechanism for Retail Individual Bidders other than ASBA Bidders : Pursuant to SEBI Bid cum Application Forms or earlier Revision Form / ASBA Revision Form. For example, if a Bidder has to the Issue will then dispatch an Allotment Advice to the Bidders who have been Allotted Equity Shares circular bearing number CIR/CFD/DIL/1/2011 dated April 29, 2011 non- retail Investors are mandatorily Bid for three options in the Bid cum Application Form / ASBA Bid cum Application Forms and such Bidder in this Issue. The dispatch of Allotment Advise shall be a valid, binding and irrevocable contract for the required to utilise the ASBA facility to participate in the Issue. Our Company and the Members of the is changing only one of the options in the Revision Form / ASBA Revision Form, he must still fill the details Bidders. Syndicate shall open Escrow Accounts with one or more Escrow Collection Bank(s) in whose favour the of the other two options that are not being revised, in the Revision Form / ASBA Revision Form. The 44. Unblocking of ASBA Account : Once the basis of Allotment is approved by the Designated Stock Bidders shall make out the cheque or demand draft in respect of his or her Bid and/or revision of the Bid. members of the Syndicate and the Designated Branches of the SCSBs will not accept incomplete or Exchange the Registrar to the Issue shall provide the following details to the Controlling Branches of each Cheques or demand drafts received for the full Bid Amount from Bidders in a certain category would be inaccurate Revision Forms/ ASBA Revision Form. (e) The Bidder can make this revision any number of SCSB, along with instructions to unblock the relevant bank accounts and transfer the requisite money to deposited in the Escrow Account. The Escrow Collection Banks will act in terms of the Red Herring times during the Bid / Issue Period. However, for any revision(s) in the Bid, the Bidders will have to use the public issue account designated for this purpose within the timelines specified in the ASBA facility: Prospectus, the Prospectus and the Escrow Agreement. The Escrow Collection Bank (s) for and on behalf the services of the same member of the Syndicate or the Designated Branch of the SCSB through whom (i) the number of Equity Shares to be Allotted against each valid ASBA Bid, (ii) the amount to be of the Bidders shall maintain the monies in the Escrow Account until the Designated Date. The Escrow such Bidder had placed the original Bid. Bidders are advised to retain copies of the blank Revision Form transferred from the relevant bank account to the Public Issue Account, for each valid ASBA Bid, (iii) the Collection Bank(s) shall not exercise any lien whatsoever over the monies deposited therein and shall / ASBA Revision Form and the revised Bid must be made only in such Revision Form / ASBA Revision date by which the funds referred to in (ii) above shall be transferred to the Public Issue Account, and (iv) hold the monies therein in trust for the Bidders. On the Designated Date, the Escrow Collection Bank(s) Form or copies thereof. (f) Any upward revision of the Bid shall be accompanied by payment in the form details of rejected ASBA Bids, if any, along with reasons for rejection and details of withdrawn and/or shall transfer the funds represented by allocation of Equity Shares (other than ASBA funds with the of cheque or demand draft for the incremental amount, if any, to be paid on account of the upward revision unsuccessful ASBA Bids, if any, to enable SCSBs to unblock the respective banks accounts. On the basis SCSBs) from the Escrow Account, as per the terms of the Escrow Agreement, into the Public Issue Account of the Bid. Retail Individual Bidders Bidding in such categories should note that the revised amount of instructions from the Registrar to the Issue, the SCSBs shall transfer the requisite amount against each with the Banker(s) to the Issue. The balance amount after transfer to the Public Issue Account shall be should not exceed ` 2 lakhs. The excess amount, if any, resulting from downward revision of the Bid would successful ASBA Bidder to the Public Issue Account and shall unblock the excess amount, if any, in the transferred to the Refund Account. Payments of refund to the Bidders shall also be made from the Refund be returned to the Bidder at the time of refund in accordance with the terms of the Red Herring Prospectus. ASBA account. However, the Bid Amount may be unblocked in the ASBA Account prior to receipt of Account are per the terms of the Escrow Agreement and the Red Herring Prospectus. The Bidders should With respect to ASBA Bids, if revision of the Bids results in an incremental amount, the relevant SCSB notification from the Registrar to the Issue by the Controlling Branch of the SCSB in relation to the note that the escrow mechanism is not prescribed by SEBI and has been established as an arrangement shall block the additional Bid amount or the relevant Syndicate/ sub-syndicate member shall instruct the approval of the basis of Allotment in the Issue by the Designated Stock Exchange in the event of between the Company, the Members of the Syndicate, the Escrow Collection Bank(s) and the Registrar SCSB to block any incremental amount, on account of the upward revision of the Bid in case of Bids withdrawal or failure of the Issue or rejection of the ASBA Bid, as the case may be. to the Issue to facilitate collections from the Bidders. submitted through ASBA to the Syndicate/ sub-syndicate members. Any revision of the Bid shall be 45. Designated Date and Allotment of Equity Shares : Our Company will ensure that (i) Allotment of Equity 49. Terms of Payment for Retail Individual Bidders other than ASBA Bidders and Payment into the accompanied by payment in the form of cheque or demand draft for the incremental amount, if any, to Shares; (ii) credit to successful Bidder’s depository account will be completed within 12 Working Days of Escrow Account. : Pursuant to SEBI circular bearing number CIR/CFD/DIL/1/2011 dated April 29, 2011 be paid on account of the upward revision of the Bid. With respect to the ASBA Bids, if revision of the the Bid/Issue Closing Date. In accordance with the SEBI ICDR Regulations, Equity Shares will be non- retail Investors are mandatorily required to utilise the ASBA facility to participate in the Issue. Bids results in an incremental amount, the SCSBs shall block the additional Payment Amount. In case issued and Allotment shall be made only in the dematerialised form to the successful bidders. Allottees Each Retail Individual Bidder who does not utilise the ASBA facility shall pay the full Bid Amount at the of Bids other than ASBA Bids, the members of the Syndicate shall collect the payment in the form of will have the option to re-materialise the Equity Shares so Allotted as per the provisions of the Companies time of the submission of the Bid-cum-Application Form, and shall, along with the submission of the Bid- cheque or demand draft if any, to be paid on account of the upward revision of the Bid at the time of one Act and the Depositories Act. Investors are advised to instruct their Depository Participant to accept the Equity cum-Application Form, draw a cheque or demand draft in favor of the relevant Escrow Account of the or more revisions. In such cases the members of the Syndicate will revise the earlier Bid details with the Shares that may be allotted to them pursuant to this Issue. Escrow Collection Bank(s) (see ‘Payment in Escrow Account’ below), and submit such cheque or demand revised Bid and provide the cheque or demand draft number of the new payment instrument in the 46. Bidder’s Depository Account and Bank Account Details : Bidders should note that on the basis of the draft to the member of the Syndicate to whom the Bid is being submitted. Bid-cum-Application Forms electronic book. The Registrar will reconcile the Bid data and consider the revised Bid data for preparing Sole/First Bidder’s Permanent Account Number, Depository Participant’s name, DP ID number and accompanied by cash/stockinvest/money order/postal order shall not be accepted. The members of the the basis of Allotment. The excess amount, if any, resulting from downward revision of the Bid would be beneficiary account number provided by them in the Bid cum Application Form / ASBA Bid cum Application Syndicate shall deposit the cheque or demand draft with the Escrow Collection Bank(s), which will hold returned to the Bidder at the time of refund in accordance with the terms of the Red Herring Prospectus. Form and as entered into the electronic bidding system of the Stock Exchanges by the members of the the monies for the benefit of the Retail Individual Bidders until the Designated Date. On the Designated (g) When a Bidder revises his or her Bid, he or she shall surrender the earlier TRS and will, on demand, Syndicate and the SCSBs as the case may be, the Registrar to the Issue will obtain from the Depository Date, the Escrow Collection Bank(s) shall transfer the funds from the Escrow Account, as per the terms receive a revised TRS from the members of the Syndicate or Designated Branches, as applicable. It is the demographic details including the Bidder’s address, occupation, category, age and bank account of the Escrow Agreement, into the Public Issue Account. The balance amount after transfer to the Public the responsibility of the Bidder to request for and obtain the revised TRS, which will act as proof of his details including the nine-digit Magnetic Ink Character Recognition (“MICR”) code as appearing on a Issue Account of our Company shall be transferred to the Refund Account on the Designated Date. No or her having revised the previous Bid. (h) In the case of ASBA Bids, after the Bid/Issue Closing Date, cheque leaf (‘Demographic Details’). These Demographic Details would be used for giving refunds and later than 12 Working Days from the Bid / Issue Closing Date, the Escrow Collection Bank(s) shall also the SCSBs shall provide to the Registrar to the Issue aggregate information relating to the total number allotment advice (including through physical refund warrants, direct credit, NECS, NEFT) to the Bidders. refund all amounts payable to unsuccessful Bidders and also the excess amount paid on bidding, if any, of ASBA Bid cum Application Forms uploaded and the total number of Equity Shares and total amount It is mandatory to provide the bank account details in the space provided in the Bid cum Application Form after adjustment for Allotment, to the Bidders. Where the Retail Individual Bidder has been allotted a blocked against the uploaded ASBA Bid cum Application Forms. The Registrar to the Issue shall reconcile / ASBA Bid cum Application Form and Bid cum Application Forms / ASBA Bid cum Application Forms lesser number of Equity Shares than he or she had Bid for, the excess amount paid on Bidding, if any,

INVENTURE GROWTH & SECURITIES LIMITED 5 IN THE NATURE OF ABRIDGED PROSPECTUS - MEMORANDUM CONTAINING SALIENT FEATURES OF THE RED HERRING PROSPECTUS (RHP) after adjustment for Allotment, will be refunded to such Bidder within 12 Working Days from the Bid / Issue register such Bids. The SCSB shall block an amount in the ASBA Account equal to the Bid Amount with respect to ASBA Bids, the ASBA Bid cum Application form not being signed by the account holders, Closing Date, failing which our Company shall pay interest according to the provisions of the Companies specified in the Bid cum Application Form. No separate receipts shall be issued for the money payable if the account holder is different from the Bidder; Bid cum Application Form does not have the stamp Act for any delay of more than 7 days after the Basis of Allotment or 15 days from the Bid / Issue Closing on the submission of Bid cum Application Form / ASBA Bid cum Application Form or Revision Form / of the BRLM, the Syndicate Membersor Designated Branches of the SCSBs (except for electronic ASBA Date, whichever is earlier. ASBA Revision Form. However, the collection centre of the members of the Syndicate or the SCSB, as Bids); Bid cum Application Form does not have Bidder’s depository account details or the details given 50. Payment into Escrow Account : Escrow Accounts shall be opened for the collection of the Bid Amounts the case may be, will acknowledge the receipt of the Bid cum Application Forms / ASBA Bid cum are incomplete or incorrect; Bid cum Application Forms / ASBA Bid cum Application Forms are not payable upon submission of the Bid cum Application Form and for amounts payable pursuant to allocation/ Application Form or Revision Forms / ASBA Revision Form by stamping and returning to the Bidder the delivered by the Bidders within the time prescribed as per the Bid cum Application Form / ASBA Bid cum Allotment in the Issue. Each Bidder, shall draw a cheque or demand draft for the amount payable on the acknowledgement slip. This acknowledgement slip will serve as the duplicate of the Bid cum Application Application Forms, Bid/Issue Opening Date advertisement and the Red Herring Prospectus and as per Bid and/or on allocation/Allotment as per the following terms: 1. All Retail Individual Bidders who are Form for the records of the Bidder. the instructions in the Red Herring Prospectus and the Bid cum Application Forms / ASBA Bid cum not Bidding through ASBA facility would be required to pay the entire Bid Amount at the time of the Other Instructions Application Forms; In case no corresponding record is available with the Depositories that matches submission of the Bid-cum-Application Form. 2. The Retail Individual Bidders shall, with the submission 54. Joint Bids in the case of Individuals : Bids may be made in single or joint names (not more than three). three parameters namely, PAN (in case of joint Bids, PAN of the first applicant), the DP ID and the of the Bid cum Application Form, draw a payment instrument for the entire Bid Amount in favour of the In the case of joint Bids, all payments will be made out in favour of the Bidder whose name appears first beneficiary’s account number; Authorisation for blocking funds in ASBA not ticked or provided; With Escrow Account(s) and submit the same to the member of the Syndicate. If the payment is not made in the Bid cum Application Form or Revision Form. All communications will be addressed to the First respect to ASBA Bids, inadequate funds in the bank account to block the Bid Amount specified in the favouring the Escrow Account along with the Bid cum Application Form, the Bid shall be rejected. Bid Bidder and will be dispatched to his or her address as per the Demographic Details received from the ASBA Bid cum Application Form at the time of blocking such Bid Amount in the bank account; Bids cum Application Forms accompanied by cash, stockinvest, money order or postal order shall not be Depository. not uploaded in the electronic bidding system; Bids for amounts greater than the maximum permissible accepted. 3. The payment instruments for payment into the Escrow Account should be drawn in favour of: 55. Multiple Bids : A Bidder should submit only one Bid (and not more than one) for the total number of amounts prescribed by applicable law; Bids by OCBs; Bids from within the United States or by U.S. a. In case of Resident Bidders: - “Escrow Account – Inventure Public Issue- R” b. In case of Non Resident Equity Shares required. Two or more Bids will be deemed to be multiple Bids if the sole or First Bidder persons (as defined in Regulation S); Bids where clear funds are not available in the Escrow Accounts Bidders: - “Escrow Account – Inventure Public Issue- NR” 4. In case of Bids by NRIs applying on repatriation is one and the same. The Company reserves the right to reject, in its absolute discretion, all or any multiple as per the final certificate from the Escrow Collection Banks; Bids by QIBs uploaded after 4.00 p.m. basis, the payments must be made through Indian Rupee drafts purchased abroad or cheques or bank Bids in any or all categories. In this regard, the procedures which would be followed by the Registrar to on the Issue Closing Date applicable to QIBs, Bids by Non- Institutional Bidders uploaded after 4.00 p.m. drafts, for the amount payable on application remitted through normal banking channels or out of funds the Issue to detect multiple applications are given below: 1. All applications with the same name and age on the Issue Closing Date, and Bids by Retail Individual Bidders uploaded after 5.00 p.m. on the Issue held in Non-Resident External (NRE) Accounts or Foreign Currency Non-Resident (FCNR) Accounts, will be accumulated and taken to a separate process file which would serve as a multiple master. 2. In Closing Date. Bank account details for the refund not given; Bids by persons prohibited from buying, maintained with banks authorized to deal in foreign exchange in India, along with documentary evidence this master, a check will be carried out for the same PAN. In cases where the PAN is different, the same selling or dealing in the shares directly or indirectly by SEBI or any other regulatory authority; Bids by in support of the remittance. Payment will not be accepted out of Non-Resident Ordinary (NRO) Account will be deleted from this master. 3. The Registrar to the Issue will obtain, from the depositories, details persons who are not eligible to acquire Equity Shares in terms of all applicable laws, rules, regulations, of Non- Resident Bidder bidding on a repatriation basis. Payment by drafts should be accompanied by of the applicant’s address based on the DP ID and Beneficiary Account Number provided in the Bid cum guidelines and approvals; and Bids that do not comply with the securities laws of their respective bank certificate confirming that the draft has been issued by debiting to NRE Account or FCNR Account. Application Form / ASBA Bid Application Form and create an address master. 4. The addresses of all the jurisdictions; and In case of ASBA Bid cum Application Forms submitted to the members of the In case of Bids by Eligible NRIs applying on non-repatriation basis, the payments must be made out of applications in the multiple master will be strung from the address master. This involves putting the Syndicate, if the SCSB whose name has been included in the ASBA Bid cum Application Form does NRO account. 5. In case of Bids by NRIs applying on non-repatriation basis, the payments must be made addresses in a single line after deleting non-alpha and non-numeric characters i.e. commas, full stops, not have a branch at the relevant ASBA Bidding Locations, as displayed on the websites of SEBI, to through Indian Rupee Drafts purchased abroad or cheques or bank drafts, for the amount payable on hash etc. Sometimes, the name, the first line of address and pin code will be converted into a string for accept the ASBA Bid cum Application Forms; application remitted through normal banking channels or out of funds held in Non-Resident External each application received and a photo match will be carried out amongst all the applications processed. 60. Equity shares in dematerialised form with NSDL or CDSL : As per the provisions of Section 68B of the (NRE) Accounts or Foreign Currency Non-Resident (FCNR) Accounts, maintained with banks authorised A print-out of the addresses will be taken to check for common names. The applications with same name Companies Act, the Allotment of Equity Shares in this Issue shall be only in a de-materialised form, (i.e., to deal in foreign exchange in India, along with documentary evidence in support of the remittance or out and same address will be treated as multiple applications. 5. The applications will be scrutinised for DP not in the form of physical certificates but be fungible and be represented by the statement issued through of a Non-Resident Ordinary (NRO) Account of a Non-Resident Bidder bidding on a non-repatriation basis. ID and Beneficiary Account Numbers. In case applications bear the same DP ID and Beneficiary Account the electronic mode). In this context, two agreements have been signed among the Company, the Payment by drafts should be accompanied by a bank certificate confirming that the draft has been issued Numbers, these will be treated as multiple applications. 6. Subsequent to the aforesaid procedures, a respective Depositories and the Registrar to the Issue: Agreement dated March 3, 2010, between by debiting an NRE or FCNR or NRO Account. 6. In case of Bids by FIIs / FVCIs / multilateral and bilateral print out of the multiple master will be taken and the applications physically verified to tally signatures NSDL, the Company and the Registrar to the Issue; Agreement dated October 31, 2006, between financial institutions, the payment should be made out of funds held in a Special Rupee Account along as also father’s/ husband’s names. On completion of this, the applications will be identified as multiple CDSL, the Company and the Registrar to the Issue. All Bidders can seek allotment only in dematerialised with documentary evidence in support of the remittance. Payment by drafts should be accompanied by applications. In case of a Mutual Fund, a separate Bid can be made in respect of each scheme of the mode. Bids from any Bidder without relevant details of his or her depository account are liable to be a bank certificate confirming that the draft has been issued by debiting the Special Rupee Account. 7. The Mutual Fund and such Bids in respect of more than one scheme of the Mutual Fund will not be treated rejected. (a) A Bidder applying for Equity Shares must have at least one beneficiary account with either monies deposited in the Escrow Account will be held for the benefit of the Bidders till the Designated as multiple Bids provided that the Bids clearly indicate the scheme concerned for which the Bid has been of the Depository Participants of either NSDL or CDSL prior to making the Bid. (b) The Bidder must Date. 8. On the Designated Date, the Escrow Collection Banks shall transfer the funds from the Escrow made. After Bidding on an ASBA Bid cum Application Form either in physical or electronic mode, where necessarily fill in the details (including the PAN, Beneficiary Account Number and Depository Participant’s Account(s) as per the terms of the Escrow Agreement and the Red Herring Prospectus into the Public Issue such ASBA Bid has been submitted to the Designated Branches of SCSBs and uploaded with the Stock identification number) appearing in the Bid cum Application Form / ASBA Bid cum Application Form or Account and the surplus amount shall be transferred to the Refund Account. 9. Within twelve Days from Exchanges, an ASBA Bidder cannot Bid, either in physical or electronic mode, on another ASBA Bid cum Revision Form / ASBA Revision Form. (c) Allotment to a successful Bidder will be credited in electronic the Bid/Issue Closing Date, the Registrar to the Issue shall dispatch all refund amounts payable to Application Form or a non-ASBA Bid cum Application Form. Submission of a second Bid cum Application form directly to the beneficiary account (with the Depository Participant) of the Bidder. (d) Names in the unsuccessful Bidders and also the excess amount paid on Bidding, if any, after adjusting for allocation/ Form, whether an ASBA Bid cum Application Form, to either the same or to another Designated Branch Bid cum Application Form / ASBA Bid cum Application Form or Revision Form / ASBA Revision Form Allotment to the Bidders. 10. Payments should be made by cheque, or demand draft drawn on any Bank of the SCSB, or a Non-ASBA Bid cum Application Form, will be treated as multiple Bids and will be liable should be identical to those appearing in the account details in the Depository. In case of joint holders, (including a Cooperative Bank), which is situated at, and is a member of or sub-member of the bankers’ to be rejected either before entering the Bid into the electronic bidding system, or at any point of time the names should necessarily be in the same sequence as they appear in the account details in the clearing house located at the centre where the Bid cum Application Form is submitted. Outstation prior to the allocation or Allotment of Equity Shares in this Issue. However, the ASBA Bidder can revise Depository. (e) If incomplete or incorrect details are given under the heading ‘Bidders Depository Account cheques/bank drafts drawn on banks not participating in the clearing process will not be accepted and the Bid through the Revision Form, the procedure for which is detailed in “Build up of the Book and Details’ in the Bid cum Application Form / ASBA Bid cum Application Form or Revision Form / ASBA applications accompanied by such cheques or bank drafts are liable to be rejected. Cash/ Stockinvest/ Revision of Bids”. More than one ASBA Bidder may Bid for Equity Shares using the same ASBA Account, Revision Form, it is liable to be rejected. (f) With effect from August 16, 2010, the demat accounts of Money Orders/ Postal orders will not be accepted. 11. In case clear funds are not available in the Escrow provided that the SCSBs shall not accept a total of more than five ASBA Bid cum Application Forms from Bidders for whom PAN details have not been verified shall be “suspended for credit” and no credit of Accounts as per final certificates from the Escrow Collection Banks, such Bids are liable to be rejected. such ASBA Bidders with respect to any single ASBA Account. Our Company, in consultation with the Equity Shares pursuant to the Issue will be made into the accounts of such Bidders. (g) The Bidder is 12. Bidders are advised to mention the number of the Bid cum Application Form on the reverse of the BRLM, reserves the right to reject, in their absolute discretion, all or any multiple Bids in any or all responsible for the correctness of his or her Demographic Details given in the Bid cum Application Form cheque/demand draft to avoid misuse of instruments submitted along with the Bid cum Application Form. categories. A check will be carried out for the same PAN. In cases where the PAN is same, such Bids will / ASBA Bid cum Application Form vis-a-vis those with his or her Depository Participant. (h) Equity Shares 13. Payments should be made by cheque, or demand draft drawn on any bank (including a co-operative be treated as multiple applications. For Bids from Mutual Funds and FII sub-accounts which are submitted in electronic form can be traded only on the stock exchanges having electronic connectivity with NSDL and bank), which is situated at, and is a member of or sub-member of the bankers’ clearing house located at under the same PAN, as well as Bids on behalf of the central or state government, an official or receiver CDSL. All the Stock Exchanges where the Equity Shares are proposed to be listed have electronic the center where the Bid cum Application Form is submitted. Outstation cheques/bank drafts drawn on appointed by a court and residents of Sikkim for whom submission of PAN is not mandatory, the Bids will connectivity with CDSL and NSDL. (i) The trading of the Equity Shares of the Company would be in banks not participating in the clearing process will not be accepted and applications accompanied by such be scrutinised for DP ID and beneficiary account numbers. In case these Bids have the same DP ID and dematerialised form only for all investors in the demat segment of the respective Stock Exchanges. (j) Non- cheques or bank drafts are liable to be rejected. Cash/stockinvest/money orders/postal orders will not be beneficiary account numbers, these will be treated as multiple Bids and will be rejected. transferable Allotment advice or refund orders will be directly sent to the Bidders by the Registrar to the Issue accepted. 56. Permanent Account Number or PAN : Except for Bids on behalf of the Central or State Government, 61. Communications : All future communications in connection with Bids made in this Issue should be 51. Payment mechanism for ASBA Bidders : Pursuant to SEBI circular bearing number CIR/CFD/DIL/ exempted persons, residents in Sikkim and the officials appointed by the courts, the Bidders, or in the case addressed to the Registrar to the Issue quoting the full name of the sole or First Bidder, Bid cum 1/2011 dated April 29, 2011 non- retail Investors are mandatorily required to utilise the ASBA facility of a Bid in joint names, each of the Bidders, should mention his/her PAN allotted under the I.T. Act. In Application Form / ASBA Bid cum Application Form number, Bidders Depository Account Details, to participate in the Issue. ASBA Bidders shall specify the bank account number in the ASBA Bid cum accordance with the SEBI ICDR Regulations, the PAN would be the sole identification number for number of Equity Shares applied for, date of bid form, name and address of the member of the Syndicate, Application Form which is to be submitted to the Syndicate member. The Syndicate member shall in turn participants transacting in the securities market, irrespective of the amount of transaction. Bidders residing or the Designated Branch or the Collection Centre of the SCSBs where the Bid was submitted and cheque forward the ASBA Bid cum Application Form to the SCSB for processing and the SCSB shall block an in the State of Sikkim are exempted from the mandatory requirement of PAN. The exemption is subject or draft number and issuing bank thereof or with respect to ASBA bids, the bank account number in which amount equivalent to the Bid Amount in the bank account specified in the ASBA Bid cum Application to the Depository Participants verifying the veracity of the claim of the investors that they are residents of amount equivalent to Bid Amount was blocked and a copy of the acknowledgement slip. Investors can Form. The SCSB shall keep the Bid Amount in the relevant bank account blocked until withdrawal / Sikkim, by collecting sufficient documentary evidence in support of their address. Any Bid cum Application contact the Compliance Officer or the Registrar to the Issue in case of any pre-Issue or post-Issue rejection of the ASBA Bid or receipt of instructions from the Registrar to unblock the Bid Amount. In the Form / ASBA Bid cum Application Form without the PAN is liable to be rejected. It is to be specifically noted related problems such as non-receipt of letters of allotment, credit of allotted shares in the respective event of withdrawal or rejection of the ASBA Bid cum Application Form, failure of the Issue or for that Bidders should not submit the GIR number instead of the PAN as the Bid is liable to be rejected on this beneficiary accounts, refund orders etc. In case of ASBA Bids submitted with the members of the unsuccessful ASBA Bid cum Application Forms, the Registrar shall give instructions to the SCSB to ground. With effect from August 16, 2010, the beneficiary accounts of Bidders for whom PAN details have Syndicate / Designated Branches, Bidders can contact the relevant Designated Branch of the SCSBs. unblock the Bid Amount in the relevant bank account and the SCSBs shall unblock the Bid Amount on not been verified have been labelled “suspended for credit” by the Depositories and no credit of Equity The SCSB or the Syndicate/ Sub-syndicate Member, as applicable, shall be responsible for any damage receipt of such instruction. The Bid Amount shall remain blocked in the ASBA Account until finalisation Shares pursuant to the Issue will be made in the accounts of such Bidders. or liability resulting from any errors, fraud or willful negligence on the part of any employee of the of the Basis of Allotment and consequent transfer of the Bid Amount to the Public Issue Account, or until 57. Unique Identification Number (“UIN”) : Pursuant to circulars dated April 27, 2007 (No. MRD/DoP/Cir- concerned SCSB or the Syndicate/ sub-syndicate member, as applicable, including its Designated withdrawal / failure of the Issue or until rejection of the ASBA Bid, as the case may be. Upon completing 05/2007) and June 25, 2007 (No. MRD/DoP/Cir- 08/2007) issued by SEBI, the requirement of UIN under Branches and the branches where the ASBA Accounts are held. Our Company, the BRLM, the Syndicate and submitting the ASBA Form to the Designated Branch or the Syndicate / Sub - syndicate Member, the SEBI (Central database of Market Participants) Regulations, 2005 has been discontinued and Members and the Registrar accept no responsibility for errors, omissions, commission or any acts of (at the ASBA Bidding Location) whether in physical or electronic mode, the ASBA Bidder is deemed to irrespective of the amount of transaction, PAN has been made the sole identification number for all SCSBs including any defaults in complying with its obligations under applicable SEBI ICDR have authorised our Company to make the necessary changes in the Red Herring Prospectus as would participants in the securities market. Regulations. be required for filing the Prospectus with the RoC and as would be required by RoC after such filing 58. Rejection of Bids : Our Company has a right to reject Bids based on technical grounds. In case of QIB 62. Payment of Refund : Within twelve Working Days of the Issue Closing Date, the Registrar to the Issue without prior or subsequent notice of such changes to the ASBA Bidders. Upon submission of an ASBA Bidders Bidding in the QIB Portion, the Syndicate may reject Bids provided that such rejection shall be will dispatch the refund orders for all amounts payable to unsuccessful Bidders (other than ASBA Bidders) Bid cum Application Form with the SCSBor the Syndicate / Sub - syndicate Member, (at the ASBA made at the time of acceptance of the Bid and the reasons for rejecting the same shall be provided to and also any excess amount paid on Bidding, after adjusting for allocation/ Allotment to Bidders. Bidders Bidding Location) whether in physical or electronic mode, each ASBA Bidder shall be deemed to have such Bidder in writing. In case of Non-Institutional Bidders and Retail Individual Bidders, our Company (other than ASBA Bidders) must note that on the basis of name of the Bidders, PAN, Depository Participant’s agreed to block the entire Bid Amount and authorised the Designated Branch to block such Bid Amount has the right to reject Bids based only on technical grounds and/or as specified in the Red Herring name, DP ID, Beneficiary Account number provided by them in the Bid cum Application Form/ASBA Bid in the ASBA Account. An ASBA Bid cum Application Form should not be accompanied by cash, draft, Prospectus. Consequent refunds shall be made through any of the modes described in the Red Herring cum Application Forms, the Registrar to the Issue will obtain, from the Depositories, the Bidders’ bank money order, postal order or any mode of payment other than blocked amounts in the ASBA Account. Prospectus and will be sent to the Bidder’s address at the Bidder’s risk. With respect to ASBA Bids, the account details, including the nine digit Magnetic Ink Character Recognition (“MICR”) code. Hence After verifying that sufficient funds are available in the ASBA Account, the SCSB shall block an amount Designated Branches of the SCSBs shall have the right to reject ASBA Bids if at the time of blocking the Bidders are advised to immediately update their bank account details as appearing on the records of the equivalent to the Bid Amount mentioned in the ASBA Bid cum Application Form until the Designated Bid Amount in the Bidder’s bank account, the respective Designated Branch of the SCSB ascertains that Depository Participant. Please note that failure to do so could result in delays in despatch of refund order Date. On the Designated Date, the SCSBs shall transfer the amounts allocable to the ASBA Bidders from sufficient funds are not available in the Bidder’s bank account maintained with the SCSB. Subsequent or refunds through electronic transfer of funds, as applicable, and any such delay shall be at the Bidders’ the respective ASBA Accounts, in accordance with the SEBI ICDR Regulations, into the Public Issue to the acceptance of the ASBA Bid by the SCSB, our Company would have a right to reject the ASBA sole risk and neither our Company, the Registrar to the Issue, Escrow Collection Bank(s), Bankers to the Account. The balance amount, if any, against any Bid in the ASBA Accounts shall then be unblocked by Bids only on technical grounds and/or as specified in the Red Herring Prospectus. Bids submitted by QIBs Issue nor the BRLM shall be liable to compensate the Bidders for any losses caused to the Bidder due the SCSBs on the basis of the instructions issued in this regard by the Registrar to the Issue. Pursuant or Non Institutional Bidders who do not utilise the ASBA facility shall be rejected. The Bidders may note to any such delay or liable to pay any interest for such delay. In the case for Bids from Eligible NRIs and to SEBI circular number CIR/CFD/DIL/1/2011 dated April 29, 2011 (i) Non-Institutional Bidders and that in case the DP ID, Beneficiary Account Number and PAN mentioned in the Bid cum Application Form FIIs, refunds, dividends and other distributions, if any, will normally be payable in India rupees only and QIB Bidders are required to mandatorily apply through ASBA, and (ii) the syndicate/ sub-syndicate and as entered into the electronic Bidding system of the Stock Exchanges by the members of the net of bank charges and/or commission. Where so desired, such payments in Indian rupees will be members may procure the ASBA Bid cum Application Form from the investors in Mumbai, Chennai, Syndicate and the SCSBs, as the case may be, do not match with the DP ID, Beneficiary Account Number converted into US Dollars or any other freely convertible currency as may be permitted by the RBI at the Kolkata, Delhi, Ahmedabad, Rajkot, Jaipur, Bangalore, Hyderabad, Pune, Baroda, and Surat and and PAN available in the depository database, the Bid is liable to be rejected. Bids by persons prohibited rate of exchange prevailing at the time of remittance and will be dispatched by registered post. Our submit it to the SCSB. Syndicate/ sub-syndicate members are required to upload the bid and other from buying, selling or dealing in securities directly or indirectly by SEBI or any other regulatory authority Company will not be responsible for loss, if any, incurred by Bidder on account of conversion of foreign relevant details of the ASBA Bid cum Application Form in the electronic bidding system provided shall be rejected by the BRLM. currency. Mode of making refunds : The payment of refund, if any, for Bidders other than ASBA Bidders by the stock exchanges and forward the same to the SCSBs. 59. Grounds for Technical Rejections : Bidders are advised to note that Bids are liable to be rejected inter would be done through any of the following modes: 1. NECS - Payment of refund would be done through 52. Payment by cash/ stockinvest/ money order : Under the terms of the RBI Circular No.DBOD No. FSC alia on the following technical grounds: Amount paid does not tally with the amount payable for the NECS for Bidders having an account at any of the centres where such facility has been made available BC 42/24.47.00/2003-04 dated November 5, 2003, the option to use the stockinvest instrument in lieu highest value of Equity Shares Bid for. With respect to ASBA Bids, the amounts mentioned in the ASBA specified by the RBI. This mode of payment of refunds would be subject to availability of complete bank of cheques or bank drafts for payment of Bid money has been withdrawn. Payment through stockinvest Bid cum Application Form does not tally with the amount payable for the value of the Equity Shares Bid account details including the MICR code from the Depositories. 2. Direct Credit – Bidders having bank would not be accepted in this Issue. for; Application on plain paper; Applications by QIBs and Non Institutional Bidders which are not accounts with the Refund Bank, as per the Demographic Details received from the Depositories, shall be 53. Submission of Bid cum Application Form : All Bid cum Application Forms or Revision Forms (other than made through the ASBA facility; In case of partnership firms, Equity Shares may be registered in the eligible to receive refunds through direct credit. Charges, if any, levied by the Refund Bank(s) for the same Bid cum Application Forms or Revision Forms used by ASBA Bidders) duly completed and accompanied names of the individual partners and no firm as such shall be entitled to apply. However a limited liability would be borne by our Company. 3. NEFT (National Electronic Fund Transfer) – Payment of refund shall by account payee cheques or drafts shall be submitted to the members of the Syndicate at the time of partnerships can apply in its name; Bid by persons not competent to contract under the Indian Contract be undertaken through NEFT wherever the Bidders’ bank branch is NEFT enabled and has been assigned submission of the Bid. In case of physical ASBA Bids, the ASBA Bidder shall submit the Bid cum Act, 1872, as amended, including minors; Age of first bidder not mentioned; PAN not stated in the the IFSC, which can be linked to an Magnetic Ink Character Recognition (MICR) of that particular bank Application Form bearing the stamp of the Designated Branch or the member of the Syndicate at the Bid cum Application Form (except for Bids on behalf of the Central or State Government, residents of branch. IFSC Code will be obtained from the website of RBI as on a date prior to the date of payment relevant Designated Branch or the relevant member of the Syndicate at Syndicate ASBA Bidding Sikkim and the officials appointed by the courts); GIR number furnished instead of PAN Bids for of refund, duly mapped with MICR code. Wherever the Bidders have registered their MICR number and Locations, respectively. In case the ASBA Bidder submits its Bid through a member of the Syndicate at lower number of Equity Shares than specified for that category of investors; Bids at a price less than their bank account number while opening and operating the demat account, the same will be duly a Syndicate ASBA Bidding Location, the Bid will be uploaded by that member of the Syndicate in the the Floor Price; Bids at a price over the Cap Price; Bids at Cut off Price by Non-Institutional Bidders mapped with the IFSC Code of that particular bank branch and the payment of refund will be made to electronic bidding system of the Stock Exchanges and the Bid cum Application Form will then be and QIB Bidders; Submission of more than five ASBA Bid cum Application Forms per ASBA Account; the applicants through this method. The process flow in respect of refunds by way of NEFT is at an evolving forwarded to the concerned SCSB for further action including signature verification and blocking of funds. Bids for number of Equity Shares which are not in multiples of []; Category not ticked; Multiple stage and hence use of NEFT is subject to operational feasibility, cost and process efficiency and the past In case of application in electronic form, the ASBA Bidder shall submit the Bid cum Application Form Bids as described in the Red Herring Prospectus; In case of Bids under power of attorney or by limited experience of the Registrar to the Issue. In the event that NEFT is not operationally feasible, the payment either through the internet banking facility available with the SCSBs, or such other electronically enabled companies, corporate, trust etc., relevant documents not being submitted; Bids accompanied by cash, of refunds would be made through any one of the other modes as discussed in this section. 4. For all other mechanism for bidding and blocking funds in the ASBA Account held with the SCSB, and accordingly stockinvest, money order or postal order; Signature of sole and/or joint Bidders missing. In addition, Bidders, including those who have not updated their bank particulars with the MICR code, the refund

6 INVENTURE GROWTH & SECURITIES LIMITED IN THE NATURE OF ABRIDGED PROSPECTUS - MEMORANDUM CONTAINING SALIENT FEATURES OF THE RED HERRING PROSPECTUS (RHP) orders will be despatched through registered post for value upto ` 1,500 and through registered Post for applied for by each Bidder in that category multiplied by the inverse of the over-subscription ratio. (d) In Bidder for bidding has a bank account and not to the Bankers to the Issue or collecting banks (assuming refund orders exceeding ` 1,500. Such refunds will be made by cheques, pay orders or demand drafts all Bids where the proportionate Allotment is less than [] Equity Shares per Bidder, the Allotment shall that such collecting banks are not SCSBs), our Company or the Registrar.With respect to ASBA Bids, drawn on the Refund Bank and payable at par at places where Bids are received. Bank charges, if any, be made as follows: The successful Bidders out of the total Bidders for a category shall be determined ensure that you use the ASBA Bid-cum-Application Form specified for this purpose, and that such form for cashing such cheques, pay orders or demand drafts at other centres will be payable by the Bidders. by draw of lots in a manner such that the total number of Equity Shares allotted in that category as far is signed by the account holder in case the applicant is not the account holder. Ensure that you have 63. Refunds for ASBA Bidders : In case of ASBA Bidders, the Registrar shall instruct the relevant SCSB as possible, equal to the number of Equity Shares calculated in accordance with (b) above; and Each mentioned the correct bank account number in the ASBA Bid-cum-Application Form; (f) Ensure that the to unblock the funds in the relevant ASBA Accounts to the extent of the Bid Amount specified in the ASBA successful Bidder shall be allotted a minimum of 50 Equity Shares. (e) If the proportionate Allotment to full Bid Amount is paid for Bids submitted to the members of the Syndicate and funds equivalent to the Bid cum Application Forms for withdrawn, rejected or unsuccessful or partially successful ASBA Bids a Bidder is a number that is more than 50 but is not a multiple of 1 (which is the marketable lot), the Bid Amount are blocked by the SCSBs in case of Bids submitted through the ASBA process; (g) Ensure within twelve Working Days of the Bid / Issue Closing Date. decimal would be rounded off to the higher whole number if that decimal is 0.5 or higher. If that number that you have funds equal to the Bid Amount in your ASBA bank account of the respective Designated 64. Disposal of applications and application moneys and interest in case of delay : With respect to is lower than 0.5 it would be rounded off to the lower whole number. Allotment to all in such categories Branch of the SCSB before submitting the ASBA Bid cum Application Form to the respective Designated Bidders other than ASBA Bidders, our Company shall ensure dispatch of Allotment advice, refund orders would be arrived at after such rounding off. (f) If the Equity Shares allocated on a proportionate basis to Branch of SCSB / Syndicate member; (h) Ensure that the DP ID, the Client ID and PAN mentioned in (except for Bidders who receive refunds through electronic transfer of funds) and give benefit to the any category are more than the Equity Shares allotted to the Bidders in that category, the remaining the Bid cum Application Form match with the DP ID, the Client ID and PAN available in the depository beneficiary account with Depository Participants and submit the documents pertaining to the Allotment Equity Shares available for Allotment shall be first adjusted against any other category, where the allotted database; (i) Instruct your respective banks to not release the funds blocked in the bank account under the to the Stock Exchanges within twelve Working Days of the Bid / Issue Closing Date. Our Company shall shares are not sufficient for proportionate Allotment to the successful Bidders in that category. The ASBA process; (j) Ensure that you request for and have received a TRS for all your Bid options; (k) Submit dispatch refunds above `1,500, if any, by registered post or speed post at the sale or First Bidder’s sale balance Equity Shares, if any, remaining after such adjustment will be added to the category comprising revised Bids to the same member of the Syndicate or Designated Branch of the SCSB through whom the risk, except for refunds through the NECs facility or Direct Credit. In case of Bidders who receive refunds Bidders applying for minimum number of Equity Shares. original Bid was placed and obtain a revised TRS/acknowledgement; (l) Except for Bids (i) on behalf of through NECS, NEFT or direct credit, the refund instructions will be given to the clearing system within 68. Procedure and Time of Schedule for Allotment and demat Credit of Equity Shares : This Issue will be the Central or State Government and the officials appointed by the courts, and (ii) (subject to SEBI circular twelve Working Days from the Bid / Issue Closing Date. A suitable communication shall be sent to the conducted through the `100% Book Building Process’ pursuant to which the members of the Syndicate dated April 3, 2008) from the residents of the state of Sikkim, each of the Bidders should mention their Bidders receiving refunds through this mode within twelve Working Days of the Bid / Issue Closing Date, will accept Bids for the Equity Shares during the Bidding Period. The Bidding Period will commence on PAN allotted under the I.T. Act. Applications in which the PAN is not matching with one entered by the giving the details of the bank where refunds shall be credited along with amount and expected date of 20th July, 2011 and expire on 22nd July, 2011. Following the expiration of the Bidding Period, our Syndicate or the SCSB in the Bidding terminal and PAN as available with depositories for a given DP electronic credit of refund. Our Company shall use its best efforts to ensure that all steps for completion Company, in consultation with Book Running Lead Manager, will determine the Issue Price and the ID and client ID is liable to be rejected; (m) Ensure that the Demographic Details (as defined below) are of the necessary formalities for listing is completed and trading commences within twelve Working Days ‘Basis of Allocation’ and entitlement to Allotment based on the Bids received and subject to confirmation updated, true and correct in all respects; (n) Ensure that the name(s) given in the Bid cum Application Form of the Bid / Issue Closing Date at all the Stock Exchanges where the Equity Shares are proposed to be by the Stock Exchange(s). Successful Bidders will be provided with a confirmation of their allocation is exactly the same as the name(s) in which the beneficiary account is held with the Depository Participant. listed. In accordance with the Companies Act, the requirements of the Stock Exchanges and the SEBI (subject to a revised confirmation of allocation) and will be required to pay any unpaid amount for the If the Bid cum Application Form is submitted in joint names, ensure that the beneficiary account is also ICDR Regulations, our Company further undertakes that: Allotment of Equity Shares shall be made Equity Shares within a prescribed time. The SEBI Regulations require our Company to complete the held in same joint names and such names are in the same sequence in which they appear in the Bid cum only in dematerialised form, including the credit of Allotted Equity Shares to the beneficiary accounts of Allotment to successful Bidders within 12 days of the expiration of the Bidding Period. The Equity Shares will then Application Form. (o) Ensure that the Depository Participant identification number (DP ID), the client the Depository Participants, within twelve Working Days of the Bid / Issue Closing Date; With respect be credited and Allotted to the investors’ demat accounts maintained with the relevant Depository Participant. Upon identification number (Client ID) and PAN mentioned in the Bid-cum-Application Form/ASBA Bid-cum- to Bidders other than ASBA Bidders, dispatch of refund orders or in a case where the refund or portion approval by the Stock Exchanges, the Equity Shares will be listed and trading will commence. Application Form and entered into the electronic bidding system of the Stock Exchanges by the Syndicate thereof is made in electronic manner, the refund instructions are given to the clearing system within twelve 69. Letters of Allotment or Refund Orders or Instructions to the SCSBs : Our Company shall ensure dispatch Members or Designated Branches of the SCSBs, as the case may be, matches with the DP ID, Client ID Working Days from the Bid / Issue Closing Date would be ensured. With respect to the ASBA Bidders’ of refund orders, if any, of value up to ` 1,500, by “Registered Post”, and shall dispatch refund orders above and PAN available in the Depository database. The Bidders should note that in case the DP ID, Client instructions for unblocking of the ASBA Bidder’s bank account shall be made within twelve Working Days ` 1,500, if any, by registered post or speed post at the sole or First Bidder’s sole risk within 12 days of the ID and the PAN mentioned in their Bid-cum-Application Form/ASBA Bid-cum-Application Form and from the Bid / Issue Closing Date; and Our Company shall pay interest at 15% per annum for any delay Bid/Issue Closing Date. Applicant residing at any of the centres where clearing houses are managed by entered into the electronic bidding system of the Stock Exchanges by the Syndicate Members or the beyond the time period as mentioned above, if Allotment is not made and refund orders are not dispatched the RBI will get refunds through NECS only (subject to availability of all information for crediting the Designated Branches of the SCSBs, as the case may be, do not match with the DP ID, Client ID and PAN or if, in a case where the refund or portion thereof is made in electronic manner, the refund instructions refund through NECS) except where the Applicant is otherwise disclosed as eligible to receive refunds available in the database of the depository, then such Bids are liable to be rejected. (p) Where the Bid have not been given to the clearing system in the disclosed manner and/or demat credits are not made through Direct Credit, NEFT. In the case of other Applicants, our Company shall ensure the dispatch of cum Application Form / ASBA Bid cum Application Form is submitted in joint names, ensure that the to investors within eight days from the day the Company becomes liable to repay. If such money is not refund orders, if any, of value less than Rs. 1,500 by ordinary post and shall dispatch refund orders, if any, beneficiary account is also held in the same joint names and such names are in the same sequence in repaid within seven days from the day the Company becomes liable to repay, our Company and every of Rs. 1,500 and above by registered post or speed post at the sole or First Bidders sole risk within twelve which they appear in the Bid cum Application Form / ASBA Bid cum Application Form. If the Bid cum Director of our Company who is an officer in default shall, on and from expiry of eight days or after fifteen Working Days of the Bid/ Issue Closing Date. Applicants to whom refunds are made through electronic Application Form is submitted in joint names, ensure that the beneficiary account is also held in same days from the Bid / Issue Closing Date whichever is earlier, be jointly and severally liable to repay the transfer of funds will be sent a letter through ordinary post, intimating them about the mode of credit of joint names and such names are in the same sequence in which they appear in the Bid cum Application money with interest as prescribed under sub-section (2) and (2A) of section 73 of the Companies Act. Our refund within twelve Working Days from Bid/Issue Closing Date. In case of ASBA Bidders, the Registrar Form; (q) In addition, ASBA Bidders should ensure that: a. the ASBA Bid-cum-Application Form is signed Company will provide adequate funds required for dispatch of refund orders or Allotment advice to to the Issue shall instruct the relevant SCSB to unblock the funds in the relevant ASBA Account to the by the account holder in case the applicant is not the account holder; b. the correct bank account numbers the Registrar to the Issue. Save and except for refunds effected through electronic mode, i.e., NECS, extent of the Bid Amount specified in the ASBA Bid cum Application Forms for withdrawn, rejected or have been mentioned in the ASBA Bid-cum-Application Form; c. the authorisation box in the ASBA Bid NEFT or direct credit, refunds will be made by cheques, pay-orders or demand drafts drawn on a bank unsuccessful or partially successful ASBA Bids within twelve Working Days of the Bid/Issue Closing Date cum Application Form has been correctly checked, or an authorisation to the SCSB through the electronic appointed by our Company, as a Refund Banker which shall be payable at par at places where Bids are which shall be duly completed after the receipt of such instruction from the Registrar. mode has been otherwise provided, for the Designated Branch to block funds equivalent to the Bid received. Bank charges, if any, for encashing such cheques, pay orders or demand drafts at other centers 70. Interest in case of delay in dispatch of Allotment Letters or refund orders/instruction to SCSB by the Registrar Amount mentioned in the ASBA Bid cum Application Form in the ASBA Account maintained with a will be payable by the Bidders. to the Issue. : Allotment of Equity Shares in the Issue,including the credit of Allotted Equity Shares to the branch of the concerned SCSB; and d. an acknowledgement from the Designated Branch of the concerned 65. Impersonation : Attention of the applicants is specifically drawn to the provisions of sub-section beneficiary accounts of the Depository Participants, shall be made not later than twelve Working Days of SCSB or the Syndicate/ sub-syndicate member in designated cities for the submission of the ASBA Bid (1) of Section 68 A of the Companies Act, which is reproduced below: “Any person who: (a) makes the Bid / Issue Closing Date. Our Company further agrees that it shall pay interest at the rate of 15% per cum Application Form has been obtained. in a fictitious name, an application to a company for acquiring or subscribing for, any shares therein, annum if the allotment letters or refund orders have not been dispatched to the Bidders or if, in a case 75. Dont’s: (a) Do not Bid for lower than the minimum Bid size. (b) For Bidders other than ASBA Bidders, or (b) otherwise induces a company to allot, or register any transfer of shares, therein to him, or any where the refund or portion thereof is made in electronic manner, the refund instructions have not been do not submit a Bid without payment of the entire Bid Amount. In case you are an ASBA Bidder, do not other person in a fictitious name, shall be punishable with imprisonment for a term which may extend given in the disclosed manner within eight days from the day our Company becomes liable to repay. If Bid on another ASBA Bid cum Application Form or Bid cum Application Form after you have submitted to five years.” such money is not repaid within eight days from the day our Company becomes liable to repay, our a Bid to a Designated Branch of an SCSB or a Syndicate Member; (c) Do not Bid/revise the Bid to less 66. Basis of Allotment : A. For Retail Individual Bidders : Bids received from the Retail Individual Company and every Director of our Company who is an officer in default shall, on and from expiry of eight than the Floor Price or higher than the Cap Price; (d) Do not Bid on another Bid cum Application Form Bidders at or above the Issue Price shall be grouped together to determine the total demand under this days, be jointly and severally liable to repay the money with interest as prescribed under sub-section (2) after you have submitted a Bid to the members of the Syndicate or the Designated Branch. In case you category. The Allotment to all the successful Retail Individual Bidders will be made at the Issue Price. and (2A) of section 73 of the Companies Act. Refunds will be made by cheques, pay-orders or demand are an ASBA Bidder, do not Bid on another ASBA Bid cum Application Form or Bid cum Application The Issue size less Allotment to Non-Institutional and QIB Bidders shall be available for Allotment to drafts drawn on a bank appointed by our Company as a Refund Bank and payable at par at places where Form after you have submitted a Bid to a Designated Branch of an SCSB or a Syndicate Member; (e) Do Retail Individual Bidders who have bid in the Issue at a price that is equal to or greater than the Issue Bids are received. Bank charges, if any, for encashing such cheques, pay orders or demand drafts at other not pay the Bid Amount in cash, by money order or by postal order or by stockinvest and in relation to ABSA Price. If the aggregate demand in this category is less than or equal to 24,50,000 Equity Shares at or centres will be payable by the Bidders. Bidders in any other mode other than blocked amounts in the bank accounts maintained by SCSBs; (f) above the Issue Price, full Allotment shall be made to the Retail Individual Bidders to the extent of their 71. Undertakings : The Company undertakes the following: That the complaints received in respect of Do not send Bid cum Application Forms by post; instead submit the same to a member of the Syndicate valid Bids. If the aggregate demand in this category is greater than 24,50,000 Equity Shares at or above this Issue shall be attended to by the Company expeditiously and satisfactorily; That all steps for or Designated Branch, as applicable; (g) Do not Bid via any mode other than ASBA (for QIBs and Non- the Issue Price, the Allotment shall be made on a proportionate basis up to a minimum of 50 Equity completion of the necessary formalities for listing and commencement of trading at all the Stock Exchanges Institutional Bidders); (h) Do not Bid at the Cut-off Price (for QIB Bidders, Non-Institutional Bidders, for Shares. For the method of proportionate basis of Allotment, see below. B. For Non-Institutional Bidders where the Equity Shares are proposed to be listed within seven working days of finalisation of the basis a bid amount exceeding `2 lakhs); (i) Do not fill up the Bid cum Application Form or ASBA Bid cum : Bids received from Non-Institutional Bidders at or above the Issue Price shall be grouped together of Allotment; That funds required for making refunds to unsuccessful applicants as per the mode(s) Application Form such that the Equity Shares Bid for exceed the Issue size and/or investment limit or to determine the total demand under this category. The Allotment to all successful Non-Institutional disclosed shall be made available to the Registrar to the Issue by the Issuer; That where refunds are maximum number of Equity Shares that can be held under applicable laws or regulations or the maximum Bidders will be made at the Issue Price. The Issue size less Allotment to QIBs and Retail Portion shall made through electronic transfer of funds, a suitable communication shall be sent to the applicant within amount permissible under applicable regulations or under the terms of the Red Herring Prospectus; (j) be available for Allotment to Non-Institutional Bidders who have bid in the Issue at a price that is equal 12 days of the Bid/ Issue Closing Date, as the case may be, giving details of the bank where refunds shall Do not submit more than five ASBA Bid cum Application Forms per bank account; (k) Do not Bid for to or greater than the Issue Price. If the aggregate demand in this category is less than or equal to be credited along with amount and expected date of electronic credit of refund; That the Equity Shares amount exceeding ` 2 lakhs in case of a Bid by Retail Individual Bidders; (l) Do not submit the GIR 10,50,000 Equity Shares at or above the Issue Price, full Allotment shall be made to Non-Institutional are free and clear of all liens or encumbrances and shall be Allotted to the successful Bidders within the number instead of the PAN as the Bid will be rejected on this ground; (m) Do not submit incorrect details Bidders to the extent of their demand. If the aggregate demand in this category is greater than specified time; That the Promoter’ contribution in full has already been brought in; That the of DP ID, Client ID and PAN or give details for which demat account is suspended or for which such details 10,50,000 Equity Shares at or above the Issue Price, Allotment shall be made on a proportionate basis certificates of the securities/ refund orders to the non-resident Indians shall be dispatched within specified cannot be verified by the Registrar; and (n) Do not Bid for allotment of Equity Shares in physical form. up to a minimum of 50 Equity Shares and in multiples of 50 Equity Shares thereafter. For the method time; That no further issue of Equity Shares shall be made till the Equity Shares offered through the (o) Do not submit the Bid cum Application Forms to Escrow Collection Bank(s); (p) Do not submit a Bid of proportionate basis of Allotment see below. C. For QIBs in the QIB Portion : Bids received from the Red Herring Prospectus are listed or until the Bid monies are refunded on account of non-listing, under- if not competent to enter into a contract under the Indian Contract Act, 1872, as amended; (q) Do not QIB Bidders at or above the Issue Price shall be grouped together to determine the total demand under subscription etc.; and That adequate arrangements shall be made to collect all Applications Supported submit a Bid in case you are not eligible to acquire Equity Shares under applicable law or their relevant this portion. The Allotment to all the QIB Bidders will be made at the Issue Price. The QIB Portion shall by Blocked Amount and to consider them similar to non-ASBA applications while finalizing the basis of constitutional documents or otherwise; (r) Do not submit a Bid that does not comply with the securities be available for Allotment to QIB Bidders who have bid in the Issue at a price that is equal to or greater allotment The Company shall not have recourse to the Issue proceeds until the approval for trading laws of your respective jurisdictions; (s) Do not submit the Bids without the full Bid Amount. than the Issue Price. Allotment shall be undertaken in the following manner: (a) In the first instance of the Equity Shares from all the Stock Exchanges where listing is sought has been received. 76. Instructions for Completing Bid cum Application Form / ASBA Bid cum Application Form : allocation to Mutual Funds for up to 5% of the QIB Portion shall be determined as follows: (i) In the event 72. Unblocking of ASBA Account : Once the basis of Allotment is approved by the Designated Stock Bidders other than ASBA Bidders can obtain Bid cum Application Forms and Revision Forms from the that Mutual Fund Bids exceeds 5% of the QIB Portion, allocation to Mutual Funds shall be done on a Exchange, the Registrar to the Issue shall provide the following details to the Controlling Branches of members of the Syndicate. ASBA Bidders can obtain ASBA Bid cum Application Forms and/or ASBA proportionate basis for up to 5% of the QIB Portion. (ii) In the event that the aggregate demand from each SCSB, along with instructions to unblock the relevant bank accounts and transfer the requisite Revision Forms from the Designated Branches of the SCSBs and the members of the Syndicate (at ASBA Mutual Funds is less than 5% of the QIB Portion then all Mutual Funds shall get full Allotment to the extent money to the Public Issue Account designated for this purpose within the timelines specified in the ASBA Bidding Locations). ASBA Bidders can also obtain a copy of the ASBA Bid cum Application Forms and/ of valid bids received above the Issue Price. (iii) Equity Shares remaining unsubscribed, if any, not facility: (i) the number of Equity Shares to be Allotted against each valid ASBA Bid, (ii) the amount to or ASBA Revision Form in electronic form from the websites of the SCSBs and the Stock Exchanges. Bids allocated to Mutual Funds shall be available for Allotment to all QIB Bidders as set out in (b) below; (b) be transferred from the relevant bank account to the Public Issue Account, for each valid ASBA Bid, (iii) and revisions of Bids must be: i) Made only in the prescribed Bid cum Application Form or Revision Form, In the second instance Allotment to all QIBs shall be determined as follows: (i) In the event that the the date by which funds referred to in (ii) above shall be transferred to the Public Issue Account, and (iv) as applicable. ii) Completed in full, in BLOCK LETTERS in ENGLISH and in accordance with the oversubscription in the QIB Portion, all QIB Bidders who have submitted Bids above the Issue Price shall details of rejected ASBA Bids, if any, along with reasons for rejection and details of withdrawn and/or instructions contained here, in the Bid cum Application Form or in the Revision Form. Bidders must be allotted Equity Shares on a proportionate basis for up to 95% of the QIB Portion. (ii) Mutual Funds, unsuccessful ASBA Bids, if any, to enable SCSBs to unblock the respective bank accounts. On the basis provide details of valid and active DP-ID, client ID and PAN clearly and without error. Invalid accounts, which have received allocation as per (a) above, for less than the number of Equity Shares Bid for by them, of instructions from the Registrar to the Issue, the SCSBs shall transfer the requisite amount against each suspended accounts or where such account is classified as invalid or suspended may not be considered are eligible to receive Equity Shares on a proportionate basis along with other QIB Bidders. (iii) Under- successful ASBA Bidder to the Public Issue Account and shall unblock the excess amount, if any, in the for Allotment. Incomplete Bid cum Application Forms, Revision Forms or ASBA Bid cum Application subscription below 5% of the QIB Portion, if any, from Mutual Funds, would be included for allocation ASBA Account. However, the Bid Amount may be unblocked in the ASBA Account prior to receipt of Form, or Revision Forms or in the ASBA Revision Form are liable to be rejected. Bidders should note that to the remaining QIB Bidders on a proportionate basis. The BRLM, the Registrar to the Issue and the notification from the Registrar to the Issue by the Controlling Branch of the SCSB in relation to the the members of the Syndicate and/or the SCSBs (as appropriate) will not be liable for errors in data entry Designated Stock Exchange shall ensure that the Basis of Allotment is finalised in a fair and proper approval of the basis of Allotment in the Issue by the Designated Stock Exchange in the event of due to incomplete or illegible Bid cum Application Forms or Revision Forms. iii) Information provided by manner in accordance with the SEBI ICDR Regulations. The drawing of lots (where required) to finalise withdrawal or failure of the Issue or rejection of the ASBA Bid, as the case may be. the Bidders will be uploaded in the online IPO system by the members of the Syndicate and the SCSBs, the Basis of Allotment shall be done in the presence of a public representative on the Governing Board 73. Allotment : Our Company will ensure that the Allotment is done within 12 days of the Bid/Issue Closing as the case may be, and the electronic data will be used to make allocation/Allotment. Bidders are of the Designated Stock Exchange. Bids received from ASBA Bidders will be considered at par with Date. After the funds are transferred from the ASBA Accounts to the Public Issue Account on the Designated advised to ensure that the details are correct and legible. iv) For Retail Individual Bidders (including Bids received from non-ASBA Bidders. The basis of allocation to such valid ASBA Bidders will be Date, to the extent applicable, our Company would ensure the credit of the Allotted Equity Shares to the Eligible NRIs), the Bid must be for a minimum of 50 Equity Shares and in multiples of 50 thereafter that applicable to non-ASBA Retail Individual Bidders, Non-Institutional Bidders and QIB Bidders, depository accounts of all successful ASBA Bidders’ within two Working Days from the date of Allotment. subject to a maximum Bid Amount of ` 2 lakhs. In case the Bid Amount is over ` 2 lakhs due to revision as applicable. ASBA Bidders who are Retail Individual Bidders (including HUFs) and who have Bid As per the SEBI Regulations, Equity Shares will be issued, transferred and allotted only in the dematerialised of the Bid or revision of the Price Band or on exercise of Cut-off option, the Bid would be considered for for Equity Shares for an amount less than or equal to ` 2 lakhs in any of the Bidding options in the form to the Allottees. Allottees will have the option to re-materialise the Equity Shares so Allotted, if they allocation under the Non-Institutional Bidders portion. The option to Bid at cut-off price is an option given Issue, will be categorised as Retail Individual Bidders. ASBA Bidders that are not Retail Individual so desire, as per the provisions of the Companies Act and the Depositories Act. only to the Retail Individual Bidders indicating their agreement to Bid and purchase at the final Issue Bidders and who have Bid for Equity Shares for an amount over ` 2 lakhs will be categorised as Non- General Instructions Price as determined at the end of the Book Building Process. v) For Non-Institutional Bidders and QIB Institutional Bidders or QIBs, as the case may be. No preference shall be given to ASBA Bidders vis- 74. Do’s: (a) Check if you are eligible to apply as per the terms of the Red Herring Prospectus under Bidders, Bids must be for a minimum of such number of Equity Shares in multiples of 50 thereafter such à-vis non-ASBA Bidders and vice versa. applicable laws, rules and regulations, guidelines and approvals; (b) Ensure that you have Bid within the that the Bid Amount exceeds `2 lakhs. Bids cannot be made for over the Issue size. Bidders are advised 67. Method of Proportionate Basis of Allotment in the Issue : In the event of the Issue being over- Price Band; (c) Read all the instructions carefully and complete the Resident Bid cum Application Form to ensure that a single Bid from them should not exceed the investment limits or maximum number of subscribed, our Company shall finalise the basis of Allotment in consultation with the Designated Stock (white in colour), the Non-Resident Bid cum Application Form (blue in colour), Resident ASBA Bid cum equity shares that can be held by them under the applicable laws or regulations. vi) In a single name or Exchange. The Executive Director (or any other senior official nominated by them) of the Designated Stock Application Form (white in colour), the Non-Resident ASBA Bid cum Application Form (blue in colour), in joint names (not more than three, and in the same order as their Depository Participant details). vii) Exchange along with the BRLM and the Registrar to the Issue shall be responsible for ensuring that the as applicable; (d) Ensure that the details about PAN, Depository Participant and Beneficiary Account are Thumb impressions and signatures other than in the languages specified in the Eighth Schedule to the basis of Allotment is finalised in a fair and proper manner. The Allotment shall be made in marketable correct, and the Beneficiary Account is activated, as Allotment of Equity Shares will be in the dematerialised Constitution of India must be attested by a Magistrate or a Notary Public or a Special Executive Magistrate lots, on a proportionate basis as explained below: (a) Bidders will be categorised according to the number form only; (e) Ensure that the Bids are submitted at the Bidding centres only on forms bearing the stamp under official seal. viii) Bids through ASBA must be made only in the prescribed ASBA Bid cum Application of Equity Shares applied for. (b) The total number of Equity Shares to be allotted to each category as a of a member of the Syndicate or the SCSB in case of ASBA Bidders (except in case of electronic ASBA Form (if submitted in physical mode) or electronic mode. ASBA Bidders should correctly mention the whole shall be arrived at on a proportionate basis, which is the total number of Equity Shares applied Bid cum Application Forms); In case you are a Bidder other than an ASBA Bidder, ensure that your Bid ASBA Account number in the ASBA Bid cum Application Form and ensure that funds equal to the Bid for in that category (number of Bidders in the category multiplied by the number of Equity Shares applied is submitted at the bidding center only on a form bearing the stamp of a member of the Syndicate. In case Amount are available in the ASBA Account before submitting the ASBA Form to the respective Designated for) multiplied by the inverse of the over-subscription ratio. (c) Number of Equity Shares to be allotted to you are an ASBA Bidder, the Bid should be submitted to a Designated Branch of an SCSB / Syndicate Branch. ix) If the ASBA Account holder is different from the ASBA Bidder, the ASBA Bid cum Application the successful Bidders will be arrived at on a proportionate basis, which is total number of Equity Shares member, with which the ASBA Bidder or a person whose bank account will be utilised by the ASBA Form should be signed by the account holder as provided in the ASBA Bid cum Application Form.

INVENTURE GROWTH & SECURITIES LIMITED 7 IN THE NATURE OF ABRIDGED PROSPECTUS - MEMORANDUM CONTAINING SALIENT FEATURES OF THE RED HERRING PROSPECTUS (RHP) 77. ASBA Bidder’s Depository Account and Bank Details : ALL ASBA BIDDERS SHALL RECEIVE THE Other Instructions or Non Institutional Bidders who do not utilise the ASBA facility shall be rejected. The Bidders may note EQUITY SHARES ALLOTTED TO THEM IN DEMATERIALISED FORM. ALL ASBA BIDDERS SHOULD 79. Withdrawal of ASBA Bids : QIBs cannot withdraw their ASBA Bids after the applicable Issue that in case the DP ID, Beneficiary Account Number and PAN mentioned in the Bid cum Application Form MENTION THEIR DEPOSITORY PARTICIPANT’S NAME, DEPOSITORY PARTICIPANT IDENTIFICATION Closing Date. ASBA Bidders can withdraw their Bids during the Bidding Period by submitting a request and as entered into the electronic Bidding system of the Stock Exchanges by the members of the NUMBER AND BENEFICIARY ACCOUNT NUMBER IN THE ASBA FORM. ASBA BIDDERS MUST ENSURE for the same to the concerned SCSBs / the concerned Syndicate members who shall do the requisite, Syndicate and the SCSBs, as the case may be, do not match with the DP ID, Beneficiary Account Number THAT THE NAME GIVEN IN THE ASBA FORM IS EXACTLY THE SAME AS THE NAME IN WHICH THE including deletion of details of the withdrawn ASBA Form from the electronic bidding system of the Stock and PAN available in the depository database, the Bid is liable to be rejected. Bids by persons prohibited DEPOSITORY ACCOUNT IS HELD. IN CASE THE ASBA FORM IS SUBMITTED IN JOINT NAMES, IT Exchanges. Further the SCSBs shall unblock the funds in the ASBA Account either directly or at the from buying, selling or dealing in securities directly or indirectly by SEBI or any other regulatory authority SHOULD BE ENSURED THAT THE DEPOSITORY ACCOUNT IS ALSO HELD IN THE SAME JOINT NAMES instruction of the member of the Syndicate which had forwarded to it the ASBA Bid Cum Application shall be rejected by the BRLM. AND ARE IN THE SAME SEQUENCE IN WHICH THEY APPEAR IN THE ASBA FORM. ASBA Bidders Form. In case an ASBA Bidder (other than a QIB bidding through an ASBA Form) wishes to withdraw 84. Withdrawal of the Issue : Our Company in consultation with the BRLM, reserves the right not to proceed should note that on the basis of name of the ASBA Bidders, Depository Participant’s name and identification the Bid after the Bid Closing Date, the same can be done by submitting a withdrawal request to the with the Issue anytime after the Bid / Issue Opening Date but before the Allotment of Equity Shares. In number and beneficiary account number provided by them in the ASBA Form, the Registrar to the Issue Registrar to the Issue. The Registrar to the Issue shall delete the withdrawn Bid from the Bid file and give such an event our Company would issue a public notice in the newspapers within two days, in which the will obtain from the Depository, demographic details of the ASBA Bidders including address, (“Demographic instruction to the SCSB for unblocking the ASBA Account after finalisation of the Basis of Allocation. pre-Issue advertisements were published, providing reasons for not proceeding with the Issue. The BRLM, Details”). Hence, ASBA Bidders should carefully fill in their Depository Account details in the ASBA Form. 80. Joint ASBA Bids : ASBA Bids may be made in single or joint names (not more than three). In case of joint through the Registrar, shall notify the SCSBs to unblock the bank accounts of the ASBA Bidders within As these Demographic Details would be used for all correspondence with the ASBA Bidders they are ASBA Bids, all communication will be addressed to the first Bidder and will be dispatched to his address. one Working Day from the day of receipt of such notification. Our Company shall also promptly inform the advised to update their Demographic Details as provided to their Depository Participants. By signing the 81. Multiple ASBA Bids : An ASBA Bidder should submit only one Bid for the total number of Equity Stock Exchanges on which the Equity Shares are proposed to be listed. Notwithstanding the foregoing, ASBA Form, the ASBA Bidder is deemed to have authorised the Depositories to provide, upon request, Shares desired. Two or more Bids will be deemed to be multiple Bids if the sole or first Bidder is one and the Issue is also subject to obtaining (i) the final listing and trading approvals of the Stock Exchanges, to the Registrar to the Issue, the required Demographic Details as available on its records. Allocation the same and are liable to be rejected. which our Company shall apply for only after Allotment, and (ii) the final RoC approval of the Prospectus advice would be mailed at the address of the ASBA Bidder as per the Demographic Details received from 82. Permanent Account Number : Except for Bids on behalf of the Central or State Government and the after it is filed with the RoC. In the event our Company, in consultation with the BRLM, withdraws the Issue the Depositories. ASBA Bidders may note that delivery of Allocation advice may be delayed if the same officials appointed by the courts, each of the Bidders, should mention his/her PAN allotted under the I.T. after the Bid / Issue Closing Date, a fresh offer document will be filed with SEBI in the event we once sent to the address obtained from the Depositories are returned undelivered. Note that any such Act. Applications without this information will be considered incomplete and are liable to be rejected by subsequently decide to proceed with the initial public offering. delay shall be at the sole risk of the ASBA Bidders and neither of the Designated Branches of the SCSBs, the SCSBs. It is to be specifically noted that ASBA Bidders should not submit the GIR number instead 85. Utilisation of Issue Proceeds : The Board of Directors certifies that: All monies received in the Issue the members of the Syndicate, our Company or the Registrar to the Issue shall be liable to compensate of the PAN, as the Bid is liable to be rejected on this ground. shall be credited/transferred to a separate bank account other than the bank account referred to in sub- the concerned ASBA Bidder for any losses caused to him due to any such delay or be liable to pay any 83. Right to Reject Bids : Our Company has a right to reject Bids based on technical grounds. In case of section (3) of Section 73 of the Companies Act; Details of all monies utilised out of Issue shall be interest for such delay. In case no corresponding record is available with the Depositories that match three QIB Bidders Bidding in the QIB Portion, the Syndicate may reject Bids provided that such rejection shall disclosed, and continue to be disclosed until the time any part of the Issue proceeds remains unutilised, parameters, namely, names of the ASBA Bidders (including the order of names of joint holders), the DP be made at the time of acceptance of the Bid and the reasons for rejecting the same shall be provided under an appropriate head in our balance sheet indicating the purpose for which such monies have been ID and the beneficiary account number, then such Bids are liable to be rejected. ASBA Bidders are to such Bidder in writing. In case of Non-Institutional Bidders and Retail Individual Bidders, our Company utilised; and Details of all unutilised monies out of the Issue, if any shall be disclosed under an required to ensure that the beneficiary account is activated, as Equity Shares will be Allotted in has the right to reject Bids based only on technical grounds and/or as specified in the Red Herring appropriate separate head in the balance sheet indicating the form in which such unutilised monies have dematerialised form only. Prospectus. Consequent refunds shall be made through any of the modes described in the Red Herring been invested. Our Company shall not have recourse to the proceeds of the Issue until the final listing 78. ASBA Bids under Power of Attorney : In case an ASBA Bidder makes a Bid pursuant to a power of Prospectus and will be sent to the Bidder’s address at the Bidder’s risk. With respect to ASBA Bids, the and trading approvals from all the Stock Exchanges have been obtained. attorney, a certified copy of the power of attorney must be lodged along with the ASBA Form. Failing this, Designated Branches of the SCSBs shall have the right to reject ASBA Bids if at the time of blocking the our Company, in consultation with the Book Running Lead Manager, reserve the right to reject such Bids. Bid Amount in the Bidder’s bank account, the respective Designated Branch of the SCSB ascertains that Our Company, in its absolute discretion, reserve the right to relax the above condition of simultaneous sufficient funds are not available in the Bidder’s bank account maintained with the SCSB. Subsequent lodging of the power of attorney along with the ASBA Form, subject to such terms and conditions that to the acceptance of the ASBA Bid by the SCSB, our Company would have a right to reject the ASBA FOR FURTHER DETAILS, PLEASE REFER TO THE we, in consultation with the Book Running Lead Manager may deem fit. Bids only on technical grounds and/or as specified in the Red Herring Prospectus. Bids submitted by QIBs RED HERRING PROSPECTUS

BOOK RUNNING LEAD MANAGER TO THE ISSUE REGISTRAR TO THE ISSUE SYNDICATE MEMBER COMPANY SECRETARY AND COMPLIANCE OFFICER Ms. Bhavi Gandhi Viraj Towers, 201, 2nd floor, Near Landmark, Western Express Highway, Andheri (E), Mumbai – 400 069, Maharashtra, India. Intensive Fiscal Services Private Limited Link Intime India Private Limited Intensive Fiscal Services Private Limited Tel. No.: +91 22 3954 8500 / 4075 1500 131, C Wing, Mittal Tower, 13th floor, C-13, Pannalal Silk Mills Compound 131, C Wing, Mittal Tower, Fax No.: +91 22 40751535 Nariman Point, Mumbai – 400 021, LBS Road, Bhandup (West) 13th floor, Nariman Point, Email: [email protected] Maharashtra, India. Mumbai – 400 021, Mumbai – 400 078, Maharashtra, India. Investors can contact the Company Secretary and Compliance Officer Tel. No.: +91 22 2287 0443/44/45 Tel. No.: +91 22 2596 0320 Maharashtra, India. Fax No.: +91 22 2287 0446 Tel. No.: +91 22 2287 0443 / 44/45 and / or the Registrar to the Issue and/or the Book Running Lead Manager E-mail: [email protected] Fax No.: +91 22 2596 0329 Fax No.: +91 22 2287 0446 to the Issue i.e. Ms. Bhavi Gandhi and / or Link Intime India Private Limited Investor Grieveance ID: [email protected] Email: [email protected] E-mail: [email protected] and / or Intensive Fiscal Services Private Limited respectively, in case Website: www.intensivefiscal.com Website: www.linkintime.co.in Website: www.intensivefiscal.com of any pre-Issue or post-Issue problems such as non-receipt of letters Contact Person: Mr. Brijesh Parekh / Ms. Ishita Kohli Contact Person: Mr. Chetan Shinde Contact Person: Mr. Brijesh Parekh of allocation, credit of allotted Equity Shares in the respective SEBI Registration Number: INM000011112 SEBI Registration Number: INR000004058 SEBI Registration Number: INM000011112 beneficiary account or refund orders, etc. LEGAL ADVISOR TO THIS ISSUE : M/s. Crawford Bayley & Co., State Bank Building, 4th floor, N. G. N. Vaidya Marg, Fort, Mumbai - 400 023. India. Tel. No.: +91 22 2266 8000, Fax No.: +91 22 2266 0355, E-mail: [email protected] Brokers to this Issue : All the members of the recognised stock exchanges would be eligible to act as brokers to the Issue. Legal Advisor to our Company : P.H. Bathiya & Associates, 2, Tardeo Airconditioned Market, 4th floor, Tardeo Road, Mumbai – 400 034 Tel. No.: +91 22 4355 8000 Fax No.: +91 22 4355 8080 E-mail: [email protected] Contact Person: Mr. Pankaj Bathiya Bankers to the Issue and Escrow Collection Bank(s): Axis Bank Limited, Universal Insurance Building, Sir. P. M. Road, Fort, Mumbai- 400 001 Tel. No.: +91 22 66107353/7625 Fax No.: +91 22 22835785 Contact Person: Mr. Rajesh Khandelwal, E-mail: [email protected], SEBI Registration Number: INBI00000017: ICICI Bank Limited, Capital Market Division, 30, Mumbai Samachar Marg, Mumbai – 400 001 Tel. No.: +91 22 66310312 Fax No.: +91 22 22611138/66310350 Contact Person: Mr. Viral Bharani E-mail: [email protected] SEBI Registration Number: INBI00000004: HDFC Bank Limited, FIG – OPS Department – Lodha, I Think Techno Campus, O – 3 Level,Next to Kanjurmarg Railway Station, Kanjurmarg (East), Mumbai – 400 042 Tel. No.: +91-22- 30752928 Fax No.: +91-22- 25799801 Contact Person: Mr. Deepak Rane E-mail: [email protected]; SEBI Registration Number: INBI00000063 Self Certified Syndicate Banks : The lists of banks that have been notified by SEBI to act as SCSB for the ASBA Process are provided on website of SEBI at http://www.sebi.gov.in/pmd/scsb.html. For details on designated branches of SCSBs collecting the ASBA bid cum Application Form, please refer to the SEBI website. Refund Banker(s) : Axis Bank Limited, Universal Insurance Building, Sir. P. M. Road, Fort, Mumbai- 400 001 Tel. No.: +91 22 66107353/7625 Fax No.: +91 22 22835785 Contact Person: Mr. Rajesh Khandelwal E-mail: [email protected] SEBI Registration Number: INBI00000017 RISK FACTORS An investment in Equity Shares involves a high degree of risk. You should carefully consider all of the chapter titled “Financial Information” on page number 230on consolidated basis and page Particulars; As on March 31: ; 2011; 2010; 2009; 2008; 2007: Net Cash from Operating Activities; of the information in the Red Herring Prospectus, including the risks and uncertainties described number 191 on standalone basis of the Red Herring Prospectus. (1,523.52); 3,713.30; (648.73); 939.51; (20.17): Net Cash from Investing Activities; 120.27; below, before making an investment in our Company’s Equity Shares. To obtain a complete 3. One of our Promoters, Ms. Jayshree N. Rita, is a non matriculate and does not possess experience (2,621.35); 93.72; (1,328.45); (675.88): Net Cash from Financing Activities; 651.98; (539.54); understanding of our Company, you should read this chapter in conjunction with the chapters in the current line of business.: One of our Promoters, Ms. Jayshree N. Rita is the wife of Mr. Nagji (122.45); 844.39; 44.89: Net increase/(decrease) in Cash and Cash Equivalents; (751.27); 552.40; titled ‘Our Business’ and ‘Management’s Discussion and Analysis of Financial Conditions and K. Rita, is a non matriculate and is involved in various social activities. She does not have (677.46); 455.46; (651.16): Cash flow of a company is a key indicator to show the extent of cash Results of Operations’ beginning on page numbers 93 and 236 respectively, of the Red Herring adequate experience and do not demonstrate ability to develop and manage the various lines of generated from operations to meet its capital expenditure, pay dividends, repay loans and make Prospectus as well as the other financial and statistical information contained in the Red Herring business activities undertaken by our Company. new investments without raising finance from external resources. If we are not able to generate Prospectus. If any of the following risks occur, our business, financial condition and results of 4. Our Subsidiaries have incurred losses in the past. Further, the limited operating history of our sufficient cash flows, it may adversely affect our business and financial operations. For further operations could suffer, the trading price of our Equity Shares could decline, and you may lose subsidiaries makes it difficult to evaluate our Company’s financial statements.: Our Company has details please refer to chapters titled “Management’s Discussion and Analysis of Financial all or part of your investment. The Red Herring Prospectus also contains forward looking statements four subsidiaries namely (1) Inventure Insurance Broking Private Limited; (2) Inventure Wealth Conditions and Results Of Operations” and “Financial Information” on page numbers 236 and that involve risks and uncertainties. Our actual results could differ materially from those anticipated Management Limited; (3) Inventure Finance Private Limited; and (4) Inventure Commodities 165 of the Red Herring Prospectus respectively. in these forward-looking statements as a result of certain factors, including the considerations Limited. Inventure Insurance Broking Private Limited and Inventure Wealth Management Limited 7. We have not made any alternate arrangements for meeting our working capital requirements of described below and elsewhere in the Red Herring Prospectus. These risks are not the only ones were incorporated on January 8, 2010 and June 12, 2008 respectively and have a limited operating approximately ` 2,000 lakhs. Any shortfall in raising / meeting the same could adversely affect our that we face. Our business operations could also be affected by additional factors that are not history. Inventure Insurance Broking Private Limited has incurred losses in the fiscal year 2008, operations and financial performance.: As on date, we have not made any alternate arrangements presently known to us or that we currently consider being not material to our operations. Unless 2010 and 2011 and Inventure Wealth Management Limited has incurred losses in fiscal year 2009 for meeting our working capital requirements. We propose to utilize ` 2,000 lakhs from the Issue otherwise stated in the relevant risk factors set forth below, we are not in a position to specify or and 2011, details of which are set forth in the table below: (` in lakhs); Name of Entities; Profit / proceeds towards augmenting our working capital requirements. Currently we meet our working quantify the financial or other implications of any of the risks mentioned herein. Materiality: The (Loss) for the year ended March 31,: ; 2011; 2010; 2009; 2008; 2007: Inventure Insurance Broking Private capital requirements through internal accruals. Any shortfall in our internal accruals / our inability risk factors have been determined on the basis of their materiality. The following factors have Limited; (1.64); (14.61); 0.81; (4.64); N.A.: Inventure Wealth Management Limited; (10.14); 4.74; to raise further funds would result in us being unable to meet our working capital requirements, been considered for determining their materiality: 1. Some events may not be material individually (13.48); N.A.; N.A. Further, Inventure Finance Private Limited and Inventure Commodities Limited which in turn would negatively affect our financial condition and results of operations. but may be found material collectively. 2. Some events may have a material impact qualitatively were acquired in November 2007 and August 2008 respectively. Consequently the limited financial 8. The funds proposed to be utilized for general corporate purposes may constitute more than 25% of instead of quantitatively. 3. Some events may not be material at present but may have material history of our subsidiaries makes it difficult to evaluate our Company’s consolidated financial the Issue Size. As on date we have not identified the use of such funds.: We intend to utilise ` [] impacts in the future. statements. To assist the prospective investors in evaluating our results of operations and financial lakhs, which constitutes []% of the Issue Size, for general corporate purposes, including strategic Internal Risk Factors condition, the consolidated and standalone financial results and the cash flows of our Company initiatives, expanding in to new geographies, brand building exercises and the strengthening of Risks related to our Company, our Business and our Industry: 1. Our Company is involved in certain (restated) have been included in the Red Herring Prospectus for the Financial Years 2007, 2008, our marketing capabilities or any other purposes as approved by our Board. The funds proposed legal proceedings and claims in relation to certain civil and tax matters, which are pending at different 2009, 2010 and 2011. to be utilized for general corporate purposes may constitute more than 25% of the Issue Size. stages before the Judicial / Statutory authorities. Any rulings by such authorities against our Company 5. One of our Directors, Mr. Pravin N. Gala has interest in Nipra Financial Services Private Limited, The deployment of such funds is entirely at the discretion of our management and our Board of may have an adverse material impact on our operations. Our Company is involved in certain legal which is engaged in the business of providing portfolio management services, a business similar to Directors. proceedings and claims in relation to certain civil and tax matters, which are pending at different the business of our Company, which may create a conflict of interest. Further we do not enjoy contractual 9. We have not identified any alternate source of financing the ‘Objects of the Issue’. If we fail to mobilize stages before the Judicial / Statutory authorities a summary of the pending proceedings is set protection by way of a non–compete or other agreement or arrangement with such company.: One of resources as per our plans, our growth plans may be affected.: We have not identified any alternate forth below. Any rulings by such authorities against our Company may have an adverse material our Non-Executive Director, Mr. Pravin N. Gala, is the director on the board of Nipra Financial source of funding and hence any failure or delay on our part to raise money from this issue or impact on our operations: a. Litigation / Proceedings filed against our Company. Sr. No; Case; Nature Services Private Limited which is engaged in the business of providing portfolio management any shortfall in the issue proceeds may delay the implementation schedule and could adversely of cases; Stage at which the cases are pending; Amount (to the extent quantifiable) (in `); Page number services, a business similer to the business of our Company. This may create a conflict of interest affect our growth plans. For further details please refer to the chapter titled “Objects of the Issue” of RHP for further details: a.; Cyberspace Ltd.; Civil; Investigation; Not quantified; 257: b.; IGSL Vs. with regards to the decisions and interest of our Non-Executive Director, Mr. Pravin N. Gala in on page number 68 of the Red Herring Prospectus. ITAT; Civil; Appeal; 1,81,00,000; 259. For further details of outstanding litigation pending against our Company. We have not entered into any non–compete or other agreement or arrangement 10. The name of one of our Group Companies Inventure Builders Private Limited is in the process of us, please refer to the chapter titled “Outstanding Litigations and Material Developments” with Nipra Financial Services Private Limited or with our Non-Executive Director, Mr. Pravin N. being struck off from the records of the Registrar of Companies.: Inventure Builders Private Limited beginning on page number256 of the Red Herring Prospectus. Gala. For further details please refer to Chapter titled “Our Management” on page number 140 (“IBPL”) had made an application to the Registrar of Companies, vide e – form 61, dated March 2.. Our Contingent Liabilities could adversely affect our financial condition.: We have not provided of the Red Herring Prospectus. 6, 2009, followed by e – form 67 supported by an indemnity bond, both dated February 25, 2009, for certain Contingent Liabilities as on March 31, 2011, which if materialise could adversely affect 6. Our Company had negative cash flows in recent fiscals, details of which are given below. Sustained for the purpose of getting itself declared as a defunct company. As on date of this reply IBPL’s our financial position. Our Contingent Liabilities as on March 31, 2011 are as follows: (`In lakhs). negative cash flow could adversely impact our business, financial condition and results of operations.: name has not been struck off from the record of Registrar of Companies. Particulars; As at March 31, 2011: Disputed Income Tax Matters; 58.56: Bank Guarantees given for The table below sets forth summary of the cash flow statement of our Company for fiscals 2011, 11. Our working capital requirement mainly comprises of margin money to be placed with stock subsidiary Inventure Commodities Limited; 250.00. Please refer to Annexure XVII forming part 2010, 2009, 2008 and 2007. (`in lakhs) exchanges. This margin requirement maintained by our Company with stock exchanges would be used

8 INVENTURE GROWTH & SECURITIES LIMITED IN THE NATURE OF ABRIDGED PROSPECTUS - MEMORANDUM CONTAINING SALIENT FEATURES OF THE RED HERRING PROSPECTUS (RHP) for both client and proprietary trading. Any shortfall in this requirement would negatively affect our regulatory risk requires, among other things, policies and procedures to properly record and verify continue to expand our scale of operations through inorganic growth and investments in other operations and financial performance.: As a SEBI registered broker we are required to maintain a large number of transactions and events. We cannot assure you that our policies and procedures entities, there could be a possibility that we may not grow at a rate comparable to our growth adequate margins with stock exchanges to undertake our business activities in the cash segment will effectively and accurately record and verify this information. We seek to monitor and control rate in the past, either in terms of income or profit. Further, such growth strategy will place as well as derivatives segment. The margin requirements to be maintained with the stock exchanges our risk exposure through a variety of separate but complementary financial, credit, operational significant demands on our management, financial and other resources. It will require us to with regard to the cash segment are mainly due to cliental business which arises due to time and legal reporting systems. Nonetheless, the effectiveness of our ability to manage risk exposure continuously develop and improve our operational, financial and internal controls and more difference between our payment obligations to the Exchanges and the fund clearance from the cannot be completely or accurately predicted or fully assured. For example, unexpectedly large importantly adhering to quality and high standards that meet customer expectations. Any inability Clients. We require clients to deposit a minimum initial margin and then to pay the balance or rapid movements or disruptions in one or more markets or other unforeseen developments could on our part to manage such growth could disrupt our business prospects, impact our financial settlementamount by the pay–in date for the transaction undertaken by us on their behalf. If a have a material adverse effect on our results of operations and financial condition. The condition and adversely affect our results of operations. client is unableto pay this balance amount before the pay-in date, we may be required to make consequences of these developments could include losses due to adverse changes in inventory 31. Our insurance policies do not cover all risks, specifically risks like loss of profits. In the event of the payment onbehalf of the client, which may affect our profitability. In case of high market values, decreases in the liquidity of trading positions, higher volatility in earnings, increases in the occurrence of such events, our insurance coverage may not adequately protect us against possible volatilityor adverse movements in share price, it is possible that clients may honour their our credit risk to customers as well as to third parties and increases in general systemic risk. risk of loss.: In compliance with requirements of the Indian stock exchanges, we maintain stock commitment late or may not honour which may be detrimental to ourbusinessand profitability. 20. Our operations are significantly concentrated in the western region, and failure to expand our brokers’ indemnity policies that provide coverage against incomplete transactions and computer The margin requirement for derivatives segment is mainly for the proprietary trading. The margin operations may restrict our growth and adversely affect our business.: As on the date of the Red crimes. In addition, we maintain voluntary insurance coverage against risks including loss of money, money to be placed with stock exchanges is on the basis of trading volumes, market volatility Herring Prospectus, our operations are mainly focused in the western India. As such, a substantial loss of electronic equipment, burglary, general fire, damage and flood. There can be no assurance and the extent of outstanding positions in respect of equity index/stock futures & options. Such portion of our revenues are generated from operations in western India. We believe that future that any claim under the insurance policies maintained by us will be honoured fully, in part or margin money also include initial margin and additional margin deposited for entering into the growth in business and revenues will be achieved through a pan-India footprint. Failure to expand on time. To the extent that we suffer any loss or damage that is not covered by insurance or contracts for equity index/ stock futures & options. Further, equity index/stock futures & options our operations either through branches, business associates or otherwise may restrict our growth exceeds our insurance coverage, our results of operations and cash flow could be adversely are marked-to-market on a daily basis in which case “Mark-to-Market Margin” is also required to potential and adversely affect our results of operations. Further there is no guarantee that the capital affected. Further, we are exposed to potential liability risks that are inherent in the provision of be provided till the final settlement of the contracts.Over and above the margin actually utilised, which is deployed by our Company towards setting up these branches will deliver profitable results. financial services. Such liabilities may exceed our available insurance coverage or arise from we are also required to deposit additional capital/margin with the stock exchanges to smoothly 21. Our clients deal in securities and any default by a client could result in substantial losses.: We claims outside the scope of our insurance coverage. If our arrangements for insurance or undertake our additional business activities. The table below depicts the revenue earned by our require clients to deposit a minimum initial margin and then to pay the balance settlement amount indemnification are not adequate to cover claims, including in the case of claims exceeding policy Company from proprietary trading as a percentage of total income. Statement of income from by the pay–in date for the transaction undertaken by us on their behalf. If a client is unable to aggregate limitations or exceeding the resources of the indemnifying party, we may be required operations, as restated: ( `in lakhs); Particulars; For the year ended 31st March: ; 2011; 2010; 2009; 2008; pay this balance amount before the pay-in date, we may be required to make the payment on to make substantial payments and our financial condition and results of operations may be 2007: Total Income; 2,429.20; 3,263.95; 2,012.57; 3,807.44; 2,732.76: Trading and arbitrage income; (10.87); behalf of the defaulting client, which may affect our profitability. In case of high market volatility adversely affected. For details of our insurance cover, see the section titled “Our Business” on 760.02; 308.94; 920.35; 974.88: % of total income; -; 23.29%; 15.35%; 24.17%; 35.67%; Though most or adverse movements in share price, it is possible that clients may not honour their commitment, page number 93 of the Red Herring Prospectus. of the trades undertaken by our Company on proprietary trading are for arbitrage and any inability on our part to pay the margins to the Stock Exchanges may be detrimental to 32. The fund requirement and deployment have not been appraised by any bank or financial institution.: strategies,sometime we have to take delivery of the securities against the ‘buy position’ if the our business, reputation and profitability. The deployment of funds as described in the chapter titled ‘Objects of the Issue’ beginning on ‘buy position’ cannot be ‘squared off’ due to a fall in the price of the securities during the day. 22. Our success largely depends on our key managerial personnel and our ability to attract and retain page number 68 of the Red Herring Prospectus is at the discretion of our Company’s Board of In rare cases, the Company does not get arbitrage opportunity due to nil price difference or very them. Any loss of our key managerial personnel could adversely affect our business, operations and Directors. The fund requirement and deployment is based on internal management estimates small price difference which is not feasible for arbitrage. In some cases, the stock value diminishes financial condition.: We depend significantly on the expertise, experience and continued efforts and has not been appraised by any bank or financial institution. Accordingly, within the which may turn loss of investment. Any such shortfall/losses arising out of such activity would of our key managerial personnel. If one or more members of our key managerial personnel are parameters as mentioned in the chapter titled ‘Objects of the Issue’ on page number 68 of the adversely affect our operations and financial performance. unable or unwilling to continue in his/her present position, it could be difficult to find a Red Herring Prospectus, management will have significant flexibility in applying the proceeds 12. Our Company has unsecured loans which are repayable on demand.: As on March 31, 2011 our replacement. Our business could thereby be adversely affected. Opportunities for key managerial received by our Company from this Issue. Company has unsecured loans amounting to ` 20 lakhs from our Director, Mr. Virendra Singh personnel in our industry are intense and it is possible that we may not be able to retain our 33. Our future funds requirements, in the form of fresh issue of capital or securities and / or loans and ` 4 lakhs from other companies, which is repayable on demand. Any demand from lenders existing key managerial personnel or may fail to attract/ retain new employees at equivalent taken by us, may be prejudicial to the interest of the shareholders depending upon the terms on which for repayment of such unsecured loans, may adversely affect our business operations positions in the future. As such, any loss of key managerial personnel could adversely affect our they are eventually raised.: We may require additional capital from time to time depending on our 13. We are subject to restrictive covenants under our credit facilities that could limit our flexibility in business, operations and financial condition. For further details on the key managerial personnel business needs. Any fresh issue of shares or convertible securities would dilute the shareholding managing our business.: There are restrictive covenants in the agreements we have entered into of our Company please refer to the section titled “Our Key Managerial Personnel” on page 154 of the existing shareholders and such issuance may be done on terms and conditions, which with our lenders. These restrictive covenants require us to maintain certain financial ratios and of the chapter titled ‘Our Management’ beginning on page number 140 of the Red Herring may not be favourable to the then existing shareholders. If such funds are raised in the form of seek the prior permission of these banks/financial institutions for various activities, including, Prospectus. loans or debt, then it may substantially increase our interest burden and decrease our cash flows, amongst others, selling, leasing, transferring or otherwise disposing of any part of our business 23. We could be exposed to risks arising from employee and Business Associate misconduct and trading thus prejudicially affecting our profitability and ability to pay dividends to our shareholders. or revenues, effecting any scheme of amalgamation or reconstitution, implementing a new scheme errors.: Misconduct by employees could include their binding us to transactions that exceed 34. Any future issuance of Equity Shares by our Company or sale of the Equity Shares by any of its of expansion or taking up an allied line of business. Such restrictive covenants in our loan authorized limits or present unacceptable risks to us; hiding unauthorized or unsuccessful trading significant shareholders may adversely affect the trading price of the Equity Shares.: Any future issuance documents may restrict our operations or ability to expand and may adversely affect our business. activities from us; or the improper use of confidential information. These types of misconduct could of our Equity Shares could dilute your shareholding. Any such future issuance of our Equity Shares Though we have received necessary approvals from our lenders for this Issue, these restrictive result in business risks or losses to us including regulatory sanctions and serious harm to our or sale of our Equity Shares by any of our significant shareholders may also adversely affect the covenants may also affect some of the rights of our shareholders, including the payment of the reputation. Furthermore, while our Business Associates work under our overall supervision and trading price of our Equity Shares. In addition, any perception by investors that such issuances dividends. For further details, please refer to paragraph titled “Restrictive covenants” under section control and each of their clients is directly registered with us on a revenue sharing basis, our or sales might occur could also affect the trading price of our Equity Shares. titled “Financial Indebtedness” beginning on page number 252 of the Red Herring Prospectus. Business Associates are typically managed by independent entrepreneurs and not by our 35. Post this Issue, our Promoters and Promoter Group will continue to hold majority shares in our 14. We intend to utilize ` 3,000 lakhs (approximately [ ]% of the Issue Proceeds) out of the proceeds employees. We have significantly less control over the activities of our Business Associates than Company.: Post this Issue, our Promoters and Promoter Group will collectively own 48.02% of of this Issue towards investments in one of our unlisted subsidiary, by subscribing to the equity share our employees. The precautions we take to prevent and detect these activities may not be effective. our Equity Share capital. Accordingly, our Promoters and Promoter Group will continue to have capital and / or by providing an interest bearing loan. Returns on such investments cannot be assured.: For example, some of our clients place orders over the telephone. If employee or Business control over our business including matters relating to any sale of all or substantially all of our We intend to utilize ` 3,000 lakhs (constituting approximately []% of the Issue Proceeds) out of Associate misconduct or trading errors occur, our business operations and reputation could be assets, the timing and distribution of dividends and the election, termination or appointment of the proceeds of the Issue by investing the same in one of our Subsidiaries, Inventure Finance materially adversely affected. our officers and directors. This control could delay, defer, or prevent a change in control in our Private Limited (IFPL). The investment would be by way of subscription to the share capital of 24. We are exposed to risks attributable to derivatives trading by clients.: We offer our clients the facility Company, impede a merger, consolidation, takeover or other business combination involving our IFPL and / or by providing an interest bearing loan. IFPL is an unlisted company and its activities to trade in derivative instruments in the commodities, securities and currency markets, as currently Company, or discourage potential acquirers from making an offer or otherwise attempting to obtain and records are not subject to public scrutiny. Revenues of IFPL contributed less than 25% to our permitted in India. Since these derivative instruments involve taking leveraged positions on the control over our Company even if it is in its best interest. Our Promoters and Promoter Group revenues in the last three fiscal years. Further, these funds will be utilised at the discretion of underlying assets, these are riskier to deal with compared to other financial instruments. We are may also influence our material policies in a manner that could conflict with the interests of our the management of IFPL. Further, our Company is not assured of any dividends and/or interest exposed to greater risk in dealing with derivative instruments since we deal with such instruments other shareholders. payments pursuant to such investments. For further details, see the section titled “Objects of the on behalf of our clients. We may face financial losses if we fail to manage risks associated with 36. You will not be able to immediately sell any of our Equity Shares purchased through this Issue Issue” beginning on page 68 of the Red Herring Prospectus. our clients’ dealings in derivative instruments, particularly due to price and market volatility. on an Indian stock exchange.: Our Equity Shares will be listed on the BSE and the NSE. Pursuant 15. We are substantially dependent on our securities brokerage and Arbitrage business.: We are 25. Commodity futures trading may be illiquid. In addition, suspensions or disruptions of market to Indian regulations, certain actions must be completed before the Equity Shares can be listed dependent on our securities brokerage business and trading business, which contributed trading in the commodities markets and related futures markets may adversely affect our commodities and trading may commence. Investors’ “demat” accounts with depository participants in India are 71.25 % and 90.80 % of our total consolidated revenues for the financial years 2011 and 2010 brokerage business.: The commodity futures markets are subject to temporary distortions or other expected to be credited within two working days of the date on which the basis of allotment is respectively. Although our strategy is to actively develop other lines of business, securities disruptions due to various factors, including the lack of liquidity, congestion, disorderly markets, approved by the Designated Stock Exchange. Thereafter, upon receipt of trading approval from brokerage business and trading business will continue to constitute a significant portion of our limitations on deliverable supplies, strikes by transporters, the participation of speculators, the Stock Exchanges, trading in the Equity Shares is expected to commence within seven working revenues and operating profit and any decline in our securities brokerage business and trading government regulation and intervention, technical and operational or system failures, nuclear days of the date on which the basis of allotment is approved. Until such time, as trading approvals business will have a material adverse affect on our financial condition and operating results. accident, riots and natural catastrophes. In addition, commodity exchanges, including the MCX, are received from the BSE and the NSE you will not be able to sell any of our Equity Shares 16. Increase in capital commitments in our trading and other businesses may increase the potential for NCDEX and NMCE have regulations that limit the amount of fluctuation in futures contract prices issued through the Issue. significant losses.: The trend in capital markets is toward larger and more frequent commitments that may occur during a single business day. Limit prices may have the effect of precluding trading 37. There has been no public market for our Equity Shares prior to this Issue so the Issue Price may of capital by financial brokerage house in many of their activities. We may be subject to increased in a particular contract or forcing the liquidation of contracts at disadvantageous times or prices, not be indicative of the value of the Equity Shares.: Prior to this Issue, there has been no public risk as we commit greater amounts of capital to facilitate primarily client – driven business. We consequently affecting the value of the commodities traded and the results and operations of market for our Equity Shares in India or elsewhere. The Issue Price as determined by our Company may enter into large transactions in which we commit our own capital as part of our trading our Company. in consultation with the BRLM could differ significantly from the price at which the Equity Shares business. The number and size of these large transactions may materially affect our results of 26. We face intense competition in our businesses, which may limit our growth and prospects.: Our will trade subsequent to completion of this Issue. We cannot assure you that even after the Equity operations in a given period. We may also incur significant losses from our trading activities due Company faces significant competition in the businesses that we are involved in. In particular, Shares have been approved for listing on the Stock Exchanges, any active trading market for the to market fluctuations and volatility from quarter to quarter. We maintain trading positions in equity we compete with other brokerage houses, both in India and abroad; and public and private sector Equity Shares will develop or be sustained after this Issue, or that the offer price will correspond markets to facilitate client trading activities and at times these positions can be large and commercial banks operating in the markets in which we are present. In recent years, large to the price at which the Equity Shares will trade in the Indian capital market subsequent to this concentrated in a single issuer. To the extent that we own assets, i.e., have long positions, a international banks have also entered these markets. For further details, please refer to the Issue. downturn in the value of those assets or in those markets could result in losses. Conversely, to paragraph titled “Competition”, as contained in the chapter titled “Our Business”, on page number 38. We face risks associated with potential acquisitions, investments, strategic partnerships or other the extent that we have sold assets we do not own, i.e., have short positions, an upturn in those 93 of the Red Herring Prospectus. We compete on the basis of a number of factors, including ventures that could adversely affect our results of operations.: We may acquire or make investments markets could expose us to potentially unlimited losses as we attempt to cover our short positions execution, depth of product and service offerings, innovation, reputation and price. Our competitors in complementary businesses, technology, services or products or enter into strategic partnerships by acquiring assets in a rising market. may have advantages over us, including, but not limited to: Substantially greater financial with parties who can provide access to those assets, if appropriate opportunities arise. The general 17. Our growth will depend on our ability to develop our brand and failure to do so will have a negative resources; Longer operating history than in certain of our businesses; Greater brand trend towards consolidation in the financial services industry increases the importance of our impact on our ability to compete in this industry.: We believe that continuing to build our brand, recognition among consumers; Larger customer bases in and outside India; or More ability to successfully complete such acquisitions and investments. We may not identify suitable particularly in our new businesses, like insurance advisory services, commodities broking, wealth diversified operations which allow profits from certain operations to support others with lower acquisition, investment or strategic partnership, candidates, or if we do identify suitable management and portfolio management will be critical to achieving widespread recognition of profitability. In addition, it is possible that certain Indian commercial banks may decide to begin candidates, we may not complete those transactions on commercially acceptable terms or at all. our services. Promoting and positioning our brand will depend largely on the success of our offering services that we currently provide, such as broking, thereby further intensifying the If we acquire another company, we could have difficulty in assimilating that company’s personnel, marketing efforts and our ability to provide high quality services. Brand promotion activities may competition. These competitive pressures may affect our business, and our growth will largely operations, technology and software. In addition, the key personnel of the acquired company not yield increased revenues, and even if they do, any increased revenues may not offset the depend on our ability to respond in an effective and timely manner to these competitive pressures. may decide not to work for us. If we make other types of acquisitions, we could have difficulty in expenses we incur in building our brand. If we fail to promote and maintain our brand, our 27. Some of the premises used by our Company are not owned by our Company.: Some premises integrating the acquired products, services or technologies into our operations. These difficulties financial conditions and results of operations could be adversely affected. used by our Company are taken on a short-term leave and license basis from third parties. There could disrupt our ongoing business, distract our management and employees and increase our 18. Our Company has made application for registration of trademark, which is under process of can be no assurance that these leave and license agreements will be renewed upon expiry or on expenses. registration. We are unable to assure that the future viability or value of any of our intellectual property terms and conditions acceptable to us. Any failure to renew these said agreements or procure 39. We have in the past entered into related party transactions and may continue to do so in the future.: or that the steps taken by us to protect the proprietary rights of our Company will be adequate.: We new premises will increase our costs or force us to look out for alternative premises which may We have, in the course of our business entered into transactions with related parties that include believe that the broking business is based on trust and brand awareness. As such, we are not be available or which may be available at more expensive prices. Any or all of these factors entities forming part of our Subsidiaries and Promoter Group. The cumulative figure of related dependent on our trademark and its protection via copyright laws. With the intent to protect the may have a material adverse effect upon our business, results of operations and financial party transactions for the last three years is as follows. (`in lakhs) goodwill of our brand, promote our brand name recognition, enhance our competitiveness and condition. For further details please refer to the chapters titled ‘Our Business’, and ‘Related Party Particulars; For the Financial Year ended March 31,: ; 2011; 2010; 2009: Revenue Items; 195.94; 119.56; otherwise support our business goals and objectives. We have made applications for registration Transactions’ on page number 93, and Annexure XVIII on page number 232 of the Red Herring 22.51: Expense Items; 63.76; 66.99; 59.45: Interest on Unsecured Loans; 7.57; 22.31; 5.01: of trademark ‘ ’ and the registration for the said trademark in our name is important Prospectus respectively. Director’s Remuneration; 21.60; 21.60; 38.85: Investments incl. Share Application Money; to retain our brand equity. If our application for registration is not accepted or if the oppositions 28. Our Promoters and Directors may have interest in our Company, other than reimbursement of 2,000.00; 0.00; 622.01: Loans & Advances given/ (repaid) Net; 1852.20; 1038.00; 439.10: Deposits filed against our trademark application if any, are successful, we may lose the statutory protection expenses incurred or remuneration.: Our Promoters and Directors may be deemed to be interested and Advances paid; (133.00); (310); 5.00: Total; 4008.07; 958.46; 1,410.94: While we believe that available to us under the Trade Marks Act, 1999 for such trademark. Further, we cannot assure to the extent of the Equity Shares held by them, or their relatives or our Group Entities, and all such transactions have been conducted on an arms-length basis and contain commercial terms, that our pending application would be granted registration or will not be challenged or if granted benefits deriving from their directorship in our Company. Our Promoters are interested in the there can be no assurance that we could not have achieved more favourable terms had such registration, will not be invalidated or circumvented or will offer us any meaningful protection. transactions entered into between our Company and themselves as well as between our Company transactions not been entered into with related parties. Furthermore, it is likely that we will We are unable to assure that the future viability or value of any of our intellectual property or and our Group Entities. For further details, please refer to the chapters titled ‘Our Business’ and continue to enter into related party transactions in the future. There can be no assurance that that the steps taken by us to protect the proprietary rights of our Company will be adequate. For ‘Our Promoters and their Background’, on page numbers 93 and 157, respectively and the section such transactions, individually or in the aggregate, will not have an adverse effect on our financial further details regarding the same, please refer chapter titled “Government and Other Approvals” titled ‘Related Party Transactions’ beginning on page numbers 232 of the Red Herring Prospectus. condition and results of operations. For further details please refer to Annexure XVIII on page beginning on page number 266 of the Red Herring Prospectus. 29. Some of our Promoter Group has transferred part of their holding to an outsider without prior number232 forming part of the chapter titled “Financial Information” beginning on page number 19. Our risk management policies and procedures may leave us exposed to unidentified risks or Regulatory Approval of and late intimation to the Stock Exchanges.: Mr. Kanji B. Rita has transferred 165 of the Red Herring Prospectus. unanticipated levels of risk.: The policies and procedures we employ to identify, monitor and manage 8,88,888 and Kanji Rita HUF has transferred 2,22,222 equity shares in demat form to Ms. Usha 40. Our ability to pay dividends will depend upon future earnings, financial conditions, cash flows, risks may not be fully effective. Some methods of risk management are based on the use of A. Shah in October 2010 and November 2010 without prior approval of the Stock Exchanges. working capital requirements, capital expenditure, lender’s approvals and other factors.: The amount observed historical market behaviour. As a result, these methods may not predict future risk The said transactions were informed to our Company in June 2011. This in turn resulted in late of our future dividend payments, if any, will depend upon our future earnings, financial conditions, exposures, which could be significantly greater than the historical measures indicate. Other risk intimation in July 2011 to the Stock Exchanges by our Company. The Stock Exchanges may cash flows, working capital requirements, capital expenditures, lender’s approvals and other management methods depend on evaluation of information regarding markets, clients or other impose penalty on our company which may affect our financial results. factors. There can be no assurance that we shall have distributable funds or that we will declare matters that are publicly available or otherwise accessible by us. This information may not be 30. Our inability to effectively implement our growth strategies or manage our growth could have an dividends. accurate, complete, up-to-date or properly evaluated. Management of operational, legal and adverse effect on our business, results of operations and financial condition.: Although we plan to 41. Our business is dependent on systems and operations availability and any interruptions in our

INVENTURE GROWTH & SECURITIES LIMITED 9 IN THE NATURE OF ABRIDGED PROSPECTUS - MEMORANDUM CONTAINING SALIENT FEATURES OF THE RED HERRING PROSPECTUS (RHP) transaction systems could lead to decline in our sales and profits.: We are dependent on our as the BSE, NSE, MCX-SX and the OTCEI. As such, brokers are subject to regulations which impact on our business.: Any adverse revisions to India’s credit rating for domestic and international technology systems to perform the critical function of gathering, processing and communicating cover all aspects of the securities business, including sales methods and supervision; trading debt by international rating agencies may adversely impact our ability to raise additional financing, information efficiently, securely and without interruptions. We face risks arising from failures in practices among broker - dealers and the conduct of directors, officers and employees of broker - and the interest rates and other commercial terms at which such additional financing is available. our systems control processes or technology systems on which our ability to manage our business dealers. Compliance with many of the regulations applicable to us involves a number of risks, This could have a material adverse effect on our business and future financial performance, our depends. Additionally, rapid increases in client demand may strain our ability to enhance our particularly in areas where applicable regulations may be subject to varying interpretation. The ability to obtain financing for capital expenditures and the trading price of our Equity Shares. technology and expand our operating capacity. At the core of our on-line trading system is an requirements imposed by securities regulators are designed to ensure the integrity of the financial 9. India is vulnerable to natural disasters that could severely disrupt our normal operations of business application based on very small aperture terminals (“VSAT”), which has a direct connection with markets and to protect customers and third parties who deal with us. Consequently, these and adversely affect our earnings.: India is susceptible to tsunamis and earthquakes. On December the Exchanges and allows investors to trade securities on-line. The VSAT-based network allows regulations often serve to limit our activities, including through capital adequacy, credit 26, 2004, Southeast Asia, including the Eastern coast of India, experienced a tsunami that caused us to provide investors with real-time market data such as streaming quotes from each market concentration and market conduct requirements. If we are found to have violated an applicable significant loss of life and property damage. On January 26, 2001, the Kutch region in the State due to better connectivity. A breakdown or interruption in the Indian domestic satellite system regulation, administrative or judicial proceedings may be initiated against us that may result in of Gujarat suffered a major earthquake causing significant loss of life and property. Substantially could have a material adverse effect on our business and client base. Our operations are highly trading bans, censures, fines, deregistration or suspension of our brokerage activities, the all of our facilities and employees are located in Mumbai. Mumbai is a flood, tsunami and dependent on the integrity of our technology systems and our success depends, in part, on our suspension or disqualification of our officers or employees, or other adverse consequences. The earthquake prone area. If our facilities are damaged by an earthquake, tsunami or other natural ability to make timely enhancements and additions to our technology in anticipation of client imposition of any of these or other penalties could have a material adverse effect on our business, disaster, its capability could be interrupted or delayed. As a result, a natural disaster in these demands. To the extent we experience system interruptions, errors or downtime (which could result reputation, financial condition and results of operations. We also are subject generally to changes areas could have a material adverse effect on our financial condition and results of operations. from a variety of causes, including changes in client use patterns, technological failure, changes in Indian law, as well as to changes in regulations and accounting principles. There can be no Prominent Notes: 1. Our Company, it’s Promoters, Directors, Promoter Group or persons in control to systems, linkages with third-party systems, and equipment and power failures), our business assurance that the laws governing the Indian financial services sector will not change in the future of our Company have not been prohibited or debarred from accessing the capital market by the and operations could be significantly impacted. While we maintain back up of all records at our or that such changes would not adversely affect our business and future financial performance. SEBI. Also, none of our Promoter, Directors or persons in control of our Company was or is a office in Mumbai, any unforeseen events or circumstances beyond our control at this office could 4. Downturns or disruptions in the securities markets could reduce transaction volumes, causing a promoter, director or person in control of any other company that is debarred from accessing the result in loss of data and records and adversely affect our results of operations. decline in our business and impacting our profitability.: Our business is materially affected by capital market under any order or directions made by SEBI. Further Our Company, our Promoters, 42. Security breaches could adversely impact our business.: We seek to protect our computer systems conditions in the financial markets and economic conditions generally, both in India and elsewhere their relatives, Directors, Promoter Group or persons in control of our Company are not declared and network infrastructure from physical break-ins as well as security breaches and other disruptive around the world. Many factors or events could lead to a downturn in the financial markets as wilfull defaulters by RBI / Government Authorities and there are no violations of securities problems caused by our increased internet connectivity. We employ security systems, including including war, political instability, natural catastrophes and sudden changes in economic and laws committed in the past or pending against them. 2. This is a Public Issue of 70,00,000 Equity firewalls and password encryption, designed to minimize the risk of security breaches but there financial policies. Any such events could affect confidence in the financial markets and impair Shares of ` 10 each for cash at a price of ` [] per Equity Share including a share premium of can be no assurance that these security measures will be successful. Breaches of our security their ability to function effectively. A significant portion of our revenues in recent years has been ` [] per Equity Share for cash aggregating ` [] lakhs. The issue will constitute 33.33% of the measures could affect the security of information stored in and transmitted through these computer derived from capital markets, and although we continue to diversify our revenue sources, we expect post issue paid up capital of the Company. 3. The net worth of our Company, before the Issue, systems and network infrastructure. A failure in security measures could have a material adverse this business to continue to account for a significant portion of our revenues in the foreseeable as per our consolidated restated audited financial statements, as at March 31, 2011 and March effect on our business and our future financial performance. future. Capital markets are exposed to additional risks, including liquidity, interest rate and foreign 31, 2010 was ` 8,045.55 lakhs and `7,587.02lakhs respectively and the book value per Equity EXTERNAL RISK FACTORS exchange related risks. Any downturn or disruption in the securities markets and the capital markets Share, as per our consolidated restated audited financial statements, as at March 31, 2011 and 1. Political instability or changes in the government could delay the liberalization of the Indian economy specifically would have a material adverse effect on our results of operations. Even in the absence March 31, 2010 was ` 57.47and ` 54.19per share respectively. 4. Any clarification or information and adversely affect economic conditions in India generally, which could impact our financial results of a market downturn, we are exposed to substantial risk of loss due to market volatility. For relating to this Issue shall be made available by the BRLM and our Company to the public and and prospects.: Since 1991, successive Indian governments have pursued policies of economic example, BSE Sensex had seen a fall of approximately 60% within a span of 9 months quoting investors at large and no selective or additional information would be made available only to a liberalization, including significantly relaxing restrictions on the private sector. Nevertheless, the 7767.21 at one point in October 2008 as compared to 21078 in January 2008. Any such future section of the investors in any manner. Investors may contact the BRLM i.e. Intensive Fiscal role of the Indian central and state governments in the Indian economy as producers, consumers volatility may have an adverse effect on market-sentiment, and hence could adversely impact our Services Private Limited, and/or Ms. Bhavi Gandhi, Company Secretary and Compliance Officer and regulators has remained significant. Although the Central government has announced policies business, prospects, financial condition and results of operations. and/or Link Intime India Private Limited, Registrar to this Issue for any complaints pertaining to and taken initiatives that support the economic liberalization policies that have been pursued by 5. We require certain regulatory approvals and periodical renewals for conducting our business. Any this Issue at the Pre-Issue or Post-Issue stage. 5. The following table represents average cost of previous governments, the rate of economic liberalization could change, and specific laws and failure to obtain or retain such approvals in a timely manner, or at all, may adversely affect our acquisition of Equity Shares by our Promoters as on date of the Red Herring Prospectus. For policies affecting foreign investment and other matters affecting investment in our securities could operations.: We require certain approvals, licenses, registrations and permissions under various details please refer to the table titled ‘Details of build-up of shareholding of promoters’ on page change as well. regulations, guidelines, circulars and statutes regulated by authorities such as SEBI, RBI, Stock number 56under the chapter titled ‘Capital Structure’ beginning on page number 52 of the Red 2. The market price of our Equity Shares may fluctuate due to the volatility of the Indian securities Exchanges, commodities exchanges, Depositories, FMC and certain other regulatory and Herring Prospectus. Sr. No.; Name of the Promoters; Average cost of acquisition (in `): 1.; Mr. Nagji market.: There may not be an active or liquid market for our Equity Shares, which may cause the government authorities, for operating our business. In particular, we are required to obtain a K. Rita; 5.00: 2.; Ms. Jayshree N. Rita; 5.00: 6. For interests of our Promoters, Directors and Key price of the Equity Shares to fall and may limit your ability to sell the Equity Shares. The Issue certificate of registration for carrying on each of our business activities from SEBI and other such Managerial Personnel, please refer to the chapters titled ‘Risk Factors’, ‘Our Business’, “Our Price of the Equity Shares in this Issue will be determined by our Company in consultation with regulatory authorities that are subject to numerous conditions. If we fail to maintain such Promoter and Their Background” and ‘Our Management’ on page numbers xiv, 93, 157, and 140 the BRLM, and it may not necessarily be indicative of the market price of the Equity Shares after registrations and licenses or to comply with applicable conditions of such licenses, or a regulator of the Red Herring Prospectus respectively. 7. Investors are advised to refer to the paragraph in this Issue is complete. You may be unable to resell your Equity Shares at or above the Issue claims we have not complied with such conditions, our certificate of registration for carrying on a the chapter titled ‘Basis for Issue Price’ on page number 73 of the Red Herring Prospectus before Price and, as a result, you may lose all or part of your investment. The price at which the Equity particular activity may be suspended and/or cancelled and we will not then be able to carry on making an investment in this Issue. 8. The Issue is being made through the 100% Book Building Shares will trade after this Issue will be determined by the marketplace and may be influenced such activity. This will materially and adversely affect our business, financial condition and results Process wherein not more than 50% of the Issue will be allotted on a proportionate basis to QIBs, by many factors, including: our financial results and the financial results of the companies in of operations. We cannot assure you that we will be able to obtain approvals in respect of any of which 5% shall be reserved for Mutual Funds. Further, not less than 35% of the Issue will be the businesses we operate in; the history of, and the prospects for, our business, the sectors application made by us in the future, in a timely manner or at all. For further details, please see available for allocation on a proportionate basis to Retail Individual Bidders and not less than and industries in which we compete; an assessment of our management, our past and present section entitled “Regulations and Policies in India” and “Government and Other Approvals” 15% of the Issue will be available for allocation on a proportionate basis to Non-Institutional operations, and the prospects for, and timing of, our future revenues and cost structures; the beginning on page numbers 122 and 266 respectively. Bidders, subject to valid bids being received at or above the Issue Price. 9. In the event of the present state of our development; and the valuation of publicly traded companies that are 6. Conditions in the Indian securities market may affect the price or liquidity of the Equity Shares.: Issue being oversubscribed, the allocation shall be on a competitive basis to Bidders in the QIBs, engaged in business activities similar to ours. In addition, the Indian stock market has from time Indian stock exchanges have in the past experienced substantial fluctuations in the prices of listed Retail Individual Bidders and Non-Institutional Bidders. For further details, please refer to to time experienced significant price and volume fluctuations that have affected the market prices securities. These exchanges have also experienced problems that have affected the market price paragraph titled ‘Method of propotionte basis of allotment in the issue’ on page number 320 in for the securities of Indian companies. As a result, investors in the Equity Shares may experience and liquidity of the securities of Indian companies, such as temporary exchange closures, broker the chapter titled ‘Issue Procedure’ beginning on page number 292of the Red Herring Prospectus. a decrease in the value of the Equity Shares regardless of our operating performance or prospects. defaults, settlement delays and strikes by brokers. In addition, the governing bodies of the Indian 10. Trading in Equity Shares of our Company for all the investors shall be in dematerialized form The market price of our Equity Shares may fluctuate due to the volatility of the Indian securities stock exchanges have from time to time restricted securities from trading, limited price movements only. 11. Under subscription, if any, in any category shall be allowed to be met with spill over market and may be more volatile than the securities markets in other countries. The stock and restricted margin requirements. Further, disputes have occurred on occasion between listed from the other categories, at the sole discretion of our Company in consultation with the BRLM. exchanges in India have experienced problems, including broker defaults and settlement delays, companies and the Indian stock exchanges and other regulatory bodies that, in some cases, have Allocation in all the categories shall be on a proportionate basis. 12. Except as disclosed in the which, if were to continue or recur, could affect the market price and liquidity of the securities of had a negative effect on market sentiment. If similar problems occur in the future, the market chapter titled ‘Capital Structure’ beginning on page number 52 of the Red Herring Prospectus, Indian companies, including our Equity Shares. In addition, the governing bodies of the various price and liquidity of our Equity Shares could be adversely affected. we have not issued any shares for consideration other than cash. 13. For details regarding our Indian stock exchanges have from time to time imposed restrictions on trading in certain securities, 7. There are restrictions on daily movements in the price of the Equity Shares, which may adversely related party transactions, please refer Annexure XVIII on page number 232 in the chapter titled limitations on price movements and margin requirements. Furthermore, from time to time disputes affect a shareholder’s ability to sell or the price at which it can sell Equity Shares at a particular point ‘Financial Information’ beginning on page number 165 of the Red Herring Prospectus. 14. The have occurred between listed companies and stock exchanges and other regulatory bodies, which in time.: Subsequent to listing, we will be subject to a daily circuit breaker imposed on listed Group companies are interested parties to the extent of the related party transactions disclosed in some cases may have had a negative effect on market sentiment. companies by all stock exchanges in India which does not allow transactions beyond certain in Annexure XVIII on page number 232 in the chapter titled “Financial Information” beginning 3. Material changes in the regulations that govern us could cause our business to suffer and the price volatility in the price of the Equity Shares. This circuit breaker operates independently of the index- on page number 165 of the Red Herring Prospectus. 15. There has been no change in the name of the Equity Shares to decline.: The securities market and our business are subject to extensive based market-wide circuit breakers generally imposed by SEBI on Indian stock exchanges. The of our Company during the last three year. 16. Except, as disclosed in the chapter titled “Capital regulation including by SEBI, RBI, FMC and other governmental regulatory authorities. percentage limit on the circuit breaker is set by the stock exchanges based on the historical volatility Structure” on page number 52 of the Red Herring Prospectus, neither our Promoters nor our Additionally, we are also regulated by industry self-regulatory organizations, including the Stock in the price and trading volume of the Equity Shares. The stock exchanges are not required to Directors have purchased or sold any Equity Shares, during a period of six months preceding the Exchanges, the Commodities Exchanges and the Depositories. The regulatory environment in inform us of the percentage limit of the circuit breaker from time to time, and may change it date on which the Red Herring Prospectus is filed with SEBI. 17. We and the BRLM are obliged which we operate is also subject to change and we may be adversely affected as a result of new without our knowledge. This circuit breaker would effectively limit the upward and downward to keep the Red Herring Prospectus updated and inform the public of any material change / or revised legislation or regulations imposed by SEBI, other governmental regulatory authorities movements in the price of the Equity Shares. As a result of this circuit breaker, there can be no development until the listing and trading of the Equity Shares offered under the Issue. 18. None or self-regulatory organizations. We may also be adversely affected by changes in the interpretation assurance regarding the ability of shareholders to sell the Equity Shares or the price at which of our Promoters, Directors and their relatives, Promoter Group or Group Entities, have entered or enforcement of existing laws and rules by these governmental authorities and self-regulatory shareholders may be able to sell their Equity Shares. into any financing arrangement or have financed the purchase of securities of our Company during organisations. We are SEBI registered stock brokers and are members of several exchanges such 8. Any downgrading of India’s credit rating by an international rating agency could have an unfavorable the last six months prior to the date of filing of the Red Herring Prospectus. GENERAL INFORMATION Banks. The SEBI (ICDR) Regulations, have permitted an issue of securities to the public through may be taken as the final data for the purpose of allotment. In case of discrepancy in the data entered Our Company was incorporated on June 22, 1995 at Mumbai in the State of Maharashtra as Inventure the 100% Book Building Process, wherein not more than 50% of the Issue shall be allocated on a in the electronic book vis-à-vis the data contained in the physical or electronic Bid Cum Application Growth & Securities Limited under the Companies Act, 1956, with Registration Number 11-89838 proportionate basis to Qualified Institutional Buyers (QIBs) including upto 5% of the QIB portion that Form, for a particular ASBA Bidder, the Registrar to the Issue shall ask for rectified data from the of 1995 and Corporate Identification Number is U65990MH1995PLC089838 with the Registrar of shall be available for Allocation on a proportionate basis to Mutual Funds only and the remainder SCSB. Due to limitation of time available for uploading the Bids on the Bid/Issue Closing date, the Companies, Mumbai. On April 1, 2008 our Registered Office was shifted from 1, Anand Kunj, of the QIB portion shall be available for Allocation on a proportionate basis to all QIB bidders, bidders are advised to submit their Bids one day prior to the Bid/Issue Closing Date and, in any case, Daftary Road, Malad (East), Mumbai 400 097 to our present address. including Mutual Funds. Further, not less than 15% of the Issue shall be available for Allocation on no later than the times mentioned above on the Bid/Issue Closing Date. All times mentioned in the Our Registered and Corporate Office a proportionate basis to Non Institutional Bidders and not less than 35% of the Issue shall be Red Herring Prospectus are Indian Standard Time. Bidders are cautioned that in the event a large Viraj Towers, 201, 2nd floor, near Landmark, Western Express Highway, Andheri (E), Mumbai – 400 available for Allocation on a proportionate basis to Retail Individual Bidders, subject to valid Bids number of Bids are received on the Bid/Issue Closing Date, as is typically experienced in pubic 069, Maharashtra, India. Tel. No.: +91 22 39548500 / 4075 1500, Fax No.: +91 22 40751535, being received at or above the Issue Price. Our Company will comply with the SEBI (ICDR) Regulations offerings, some Bids may not get uploaded due to lack of sufficient time. Such Bids that cannot be Email: [email protected], Website: www.inventuregrowth.com for this Issue. In this regard, our Company has appointed the BRLM to manage and procure subscriptions uploaded will not be considered for allocation under the Issue. If such Bids are not uploaded, the Our Registrar of Companies: Registrar of Companies, Mumbai, Everest Building, 100, Marine Drive, to the Issue. Issuer, BRLM, Syndicate Members and the SCSB will not be responsible. Bids will be accepted only Mumbai – 400 002, Maharashtra, India. Pursuant to SEBI circular no. CIR/CFD/DIL/1/2011 dated April 29, 2011 all non- retail Investors i.e. QIBs on Business Days, i.e., Monday to Friday (excluding any public holidays). On the Bid/Issue Closing Credit Rating: As this is an Issue of Equity Shares, credit rating is not required for this Issue. and Non Institutional Investors are mandatorily required to utilise the ASBA facility to submit their Bids Date, extension of time will be granted by the Stock Exchanges only for uploading the Bids received IPO Grading: The IPO grading is assigned on a five point scale from 1 to 5 wherein an “IPO Grade and participate in this Issue. For further details please refer to the chapter titled ‘Issue Procedure’ beginning by Retail Bidders after taking into account the total number of Bids received upto the closure of the 5” indicates strong fundamentals and “IPO Grade 1” indicates poor fundamentals. This Issue has on page number 292 of the Red Herring Prospectus. Attention of all QIBs is specifically drawn to the fact time period for acceptance of Bid-cum-Application Forms as stated herein and reported by the BRLM been graded by two SEBI registered credit rating agencies i.e. Fitch Ratings India Private Limited that all QIBs are required to pay the entire Bid Amount at the time of the submission of the Bid cum to the Stock Exchanges within half an hour of such closure. The Company reserves the right to revise (“Fitch”) and ICRA Limited (“ICRA”), and has been assigned the following IPO gradings. Application Form. In accordance with the SEBI ICDR Regulations, QIBs Bidding in the QIB Portion are the Price Band during the Bid/Issue Period in accordance with the SEBI (ICDR) Regulations provided Fitch has assigned this Issue “Fitch IPO Grade 2(ind)” indicating below average fundamentals not allowed to withdraw their Bids after the QIB Bid Closing Date. Further, allocation to QIBs will be that the Cap Price is less than or equal to 120% of the Floor Price. The Floor Price can be revised through its letter dated September 8, 2010. ICRA has assigned this Issue “2” indicating below on a proportionate basis. For further details, please refer to the chapter titled ‘Terms of the Issue’ and ‘Issue up or down to a maximum of 20% of the Floor Price advertised at least one day before the Bid /Issue average fundamentals through its letter dated July 7, 2011. A copy of the report provided by Fitch Procedure’ beginning on page numbers 287 and292 respectively, of the Red Herring Prospectus. For Opening Date. In case of revision of the Price Band, the Issue Period will be extended for three and ICRA, furnishing the rationale for their respective grading, will be annexed to the Red Herring details, please refer chapter titled “Issue Procedure” beginning on page number 292 of the Red additional working days after revision of the Price Band subject to the total Bid / Issue Period not Prospectus and will be made available for inspection at our Registered Office from 10.00 a.m. to Herring Prospectus. exceeding 10 working days. Any revision in the Price Band and the revised Bid / Issue, if applicable, 4.00 p.m. on working days from the date of filing of the Red Herring Prospectus, until the Bid/Issue Bid/Issue Programme will be widely disseminated by notification to the BSE and the NSE, by issuing a press release and Closing Date. Attention is drawn to the disclaimer appearing on page 276 of the Red Herring Bid/Issue opens on : July 20, 2011 Bid/Issue closes on : July 22, 2011 also by indicating the changes on the web sites of the BRLM and at the terminals of the Syndicate. Prospectus. In the event of any revision in the Price Band, whether upwards or downwards, the minimum Expert Opinion: Except the report of Fitch and ICRA in respect of the IPO grading of this Issue Bids and any revision in Bids shall be accepted only between 10.00 a.m. and 5.00 p.m. (Indian Standard application size shall remain [] Equity Shares irrespective of whether the Bid Amount payable on annexed herewith, the Company has not obtained any expert opinions. Time) during the Bidding Period as mentioned above at the bidding centres mentioned on the Bid such minimum application is not in the range of ` 5,000 to ` 7,000. Trustees: As this is an Issue of Equity Shares, the appointment of Trustees is not required. cum Application Form or in case of Bids submitted through ASBA Form, the Designated Branches Withdrawal of the Issue: Our Company, in consultation with the BRLM, reserves the right Monitoring Agency: A monitoring agency is not required to be appointed in terms of sub-regulation or the Syndicate/Sub-syndicate members (at ASBA Bidding Locations) or in case of Bids submitted not to proceed with the Issue at anytime after the Bid / Issue Closing Date, but prior to allotment (1) of Regulation 16 of the SEBI (ICDR) Regulations. The Board of Directors of our Company will through ASBA Form, the Designated Branches or the Syndicate/Sub-syndicate members (at ASBA without assigning any reason thereof. In case the issuer decides to do so, it shall be given as a public monitor the use of the proceeds of this Issue. Bidding Locations) except that on the Bid / IssueClosing Date (which for the QIBs may be a day prior notice within two days of the closure of the issue. The public notice shall be issued in the same Appraising Entity: The objects of this Issue have not been appraised by any agency. The objects of to that of the other Bidders), the Bids shall be accepted only between 10 a.m. and 3.00 p.m. (Indian newspapers where the pre-issue advertisement had appeared. The stock exchanges where the this Issue and means of finance therefore are based on internal estimates of our Company. Standard Time) and uploaded till (i) 4.00 p.m. in case of Bids by QIBs, (ii) until 4.00 p.m in case specified securities were proposed to be listed shall also be informed promptly. Notwithstanding the Book Building Process: Book Building refers to the process of collection of Bids from investors on of Bids by Non Institutional Bidders, and (iii) until 5.00 p.m. in case of Bids by Retail Individual foregoing, the Issue is also subject to obtaining (i) the final listing and trading approvals of the Stock the basis of the Red Herring Prospectus, which is based on the Price Band. The Issue Price is fixed Bidders, which may be extended up to such time as deemed fit by the Stock Exchanges after taking Exchanges, which the Company shall apply for after Allotment; and (ii) the final RoC approval of after the Bid / Issue Closing Date. The principal parties involved in the Book Building Process are: into account the total number of applications received up to the closure of timings and reported by the Prospectus after it is filed with the RoC. In the event of withdrawal of the Issue anytime after the 1. Our Company, 2. Book Running Lead Manager, in this case being Intensive Fiscal Services Private BRLM to the Stock Exchanges within half an hour of such closure.Bids by ASBA Bidders shall be Bid/Issue Opening Date, our Company will forthwith repay, without interest, all monies received Limited, 3. Syndicate Member(s) who are intermediaries registered with SEBI or registered as uploaded by the SCSB in the electronic system to be provided by the NSE and the BSE. from the applicants in pursuance of the Red Herring Prospectus. If such money is not repaid within brokers with BSE / NSE and eligible to act as Underwriters. The BRLM shall appoint the Syndicate In case of discrepancy in the data entered in the electronic book vis-à-vis the data contained in the 8 days after our Company become liable to repay it, i.e. from the date of withdrawal, then our Members, 4. Registrar to this Issue, 5. Escrow Collection Bank(s); and 6. Self Certified Syndicate physical Bid form, for a particular bidder, the details as per physical application form of that Bidder Company, and every Director of our Company who is an officer in default shall, on and from such

10 INVENTURE GROWTH & SECURITIES LIMITED IN THE NATURE OF ABRIDGED PROSPECTUS - MEMORANDUM CONTAINING SALIENT FEATURES OF THE RED HERRING PROSPECTUS (RHP) expiry of 8 days, be liable to repay the money, with interest at the rate of 15% per annum on Shah; 10,000; Ms. Asha Nikodwale; 10,000; Mr. Ashok Salwani; 1,000; Ms. Bhanu Shah; 10,000; Padma Rita to Ms. Jayshree N. Rita at par. (9) Re-issue of 1,10,000 forfeited equity shares to Ms. application money. In terms of the SEBI (ICDR) Regulations, QIB Bidders shall not be allowed to Mr. Manharlal Shah; 10,000; Mr. Hiten Mehta; 1,000; Anil Shah HUF; 10,000; Mr. Vijay Zaveri; Jayshree N. Rita b. Details of Promoters Contribution locked-in for three years: Pursuant to the Regulation withdraw their Bid after the Bid/Issue Closing Date. If the Issuer withdraws the issue after closure 10,000; Ms. Mala Mehta; 20,000; Ms. Bharati Petty; 10,000; Mr. Hemraj Gada; 10,000; Mr. Deepak 36 (a) of SEBI (ICDR) Regulations, an aggregate of 20% of the post-Issue shareholding of the of bidding, the issuer shall be required to file a fresh draft red herring prospectus with SEBI. Shah; 16,000; Mr. Rajesh Jain; 14,000; Ms. Sumitradevi Kalher; 15,000; Mr. Suresh Goswamy; - Promoter viz. Mr. Nagji K. Rita shall be locked-in for a period of three years. The details of such lock- Underwriting: After the determination of the Issue Price but prior to filing of the Prospectus (4) Preferential allotment of 100 equity shares each to Mr. Narendra Shah, Amrut Darji HUF, Ms. in are given below: Name; Date of Allotment/Transfer/Acquisition; Date on which equity shares were with RoC, we will enter into an Underwriting Agreement with the Underwriters for the Equity Shares Leena Darji and Ms. Minaxi Rita. (5) Preferential allotment of 3,40,000 equity shares to Vantage made fully paid up; Mode of Acquisition (Allotment /Transfer); No. of Equity Shares; Face Value (`); Issue proposed to be issued through this Issue. It is proposed that pursuant to the terms of the Underwriting Financial Services Limited. (6) Preferential allotment of 14,80,000 equity shares to the following / Acquisition Price; Consideration (Cash/ bonus/ kind etc.); Percentage of Pre-issue paid up capital; Agreement, the BRLM shall be responsible for bringing in the amount devolved in the event that allotees: Percentage of Post-issue paid up capital; Mr. Nagji K. Rita; May 23, 1995; May 23, 1995; Subscription the Syndicate Member(s) do not fulfill their underwriting obligations. The underwriting shall be to Equity shares; Allottee; Equity shares; Allottee; Equity shares; Allottee; 3,99,000; Mr. Nagji Rita; 50,000; to Memorandum of Association; 10; 10; 10; Cash; Negligible; Negligible; ; November 25, 1995; the extent of the bids uploaded by the Underwriter including through its syndicates/sub-syndicates. Mr. Kanji Rita; 10,000; Mr. Chandrakant Shah; 89,000; Ms. Jayshree N. Rita; 1,60,000; Mr. Pravin November 25, 1995; Preferential Allotment; 7,50,100; 10; 10; Cash; 5.36%; 3.57%; ; June 29, 1996; Pursuant to the terms of the Underwriting Agreement the obligations of the Underwriters are several Gala; 18,000; Ms. Bhanu Shah; 55,000; Mr. Virendra Singh; 10,000; Mr. Vinod Shah; 70,000; Ms. June 29, 1996; Preferential Allotment; 4,890; 10; 10; Cash; 0.03%; 0.02%; ; April 12, 1999; April and are subject to certain conditions, as specified therein. The Underwriters have indicated their Minaxi Rita; 15,000; Kanji Rita HUF; 50,000; Ms. Shanti Rita; 10,000; Anil Shah HUF; 50,000; 12, 1999; Transfer(1); 2,21,000; 10; 10; Cash; 1.58%; 1.05%; ; March 31, 2000; March 31, 2000; intention to underwrite the following number of Equity Shares: Nagji Rita HUF; 90,000; Mr. Padamshi Shah; 10,000; Mr. Anil Shah; 50,000; Ms. Kamla Rita; Preferential Allotment; 3,99000; 10; 10; Cash; 2.85%; 1.90%; ; August 31, 2000; August 31, 2000; Name and address of the Underwriter/(s); Indicated Number of Equity Shares to 10,000; Kanji Shah HUF; 35,000; Premji Rita HUF; 50,000; Ms. Padma Rita; 67,000; Keshavji Rita Preferential Allotment; 40,000; 10; 10; Cash; 0.29%; 0.19%; ; March 30, 2001; March 30, 2001; be Underwritten; Amount Underwritten (` Lakhs); []; []; [] HUF; 10,000; Ms. Shweta Singh; 57,000; Ms. Khimai Rita; 10,000; Chandrakant Shah HUF; 50,000; Preferential Allotment; 65,000; 10; 10; Cash; 0.45%; 0.31%; ; April 30, 2001; April 30, 2001; (This portion has been intentionally left blank and will be filled in before filing of the Prospectus Ms. Mita Shah; 55, 000; Mr. Premji Rita (7) Preferential allotment of 40,000 equity shares to Mr. Preferential Allotment; 40,000; 10; 10; Cash; 0.29%; 0.19%; ; July 1, 2006; July 1, 2006; Transfer(2); with RoC) The above mentioned amount is an indicative underwriting and would be finalised after Nagji Rita, 1,00,000 equity shares to Mr. Kanji Rita, 50,000 equity shares to Mr. Pravin Gala, 70,000 3,96,100; 10; 10; Cash; 2.83%; 1.89%; ; August 10, 2006; August 10, 2006; Re-issue of forfeited the determination of the Issue price and actual Allocation of the Equity Shares. The above underwriting equity shares to Nagji Rita HUF, 50,000 equity shares to Kanji Shah HUF, 30,000 equity shares to shares on preferential basis(3); 4,870; 10; 10; Cash; 0.03%; 0.02%; ; November 10, 2007; November agreement is dated [] and has been approved by the Board of Directors. In the opinion of the Board Navin Shah HUF, 20,000 equity shares to Padamsi Shah HUF, 60,000 equity shares to Mr. Keshavji 10, 2007; Transfer(4); 1,80,000; 10; 10; Cash; 1.29%; 0.86%; ; December 24, 2009; December 24, of Directors of our Company (based on a certificate given by the Underwriters), the resources of all Rita and 36,000 equity shares to Ms. Shweta Singh. (8) Preferential allotment of 5,83,000 equity 2009; Bonus Issue (1:1); 21,00,970; 10; NIL; Bonus; 15.01%; 10.00%; ; TOTAL; 42,01,940; the above mentioned Underwriter(s) are sufficient to enable them to discharge their respective shares to the following allotees: 30.01%;20.01%. (1) Transfer of 2,21,000 equity shares from M/s. Ventage Financial Services Limited underwriting obligations in full. All the above-mentioned Underwriter(s) are registered with SEBI Equity shares; Allottee; Equity shares; Allottee; Equity shares; Allottee; 65,000; Mr. Nagji Rita; 20,000; to Mr. Nagji K. Rita (2) Transfer of 2,55,000 equity shares from Mr. Premji Keshavji Rita, 36,000 under Section 12(1) of the SEBI Act or registered as brokers with the Stock Exchange(s). The above Ms. Jayshree N. Rita; 10,000; Keshavji Rita HUF; 50,000; Mr. Pravin Gala; 20,000; Mr. Virendra equity shares from Premji Keshavji Rita HUF, 70,100 equity shares from Ms. Minaxi P. Rita, 5,000 Underwriting Agreement will be presented for acceptance to the Board of Directors and our Company Singh; 1,15,000; Mr. Keshavji Rita; 50,000; Kanji Rita HUF; 50,000; Ms. Shanti Rita; 30,000; Ms. equity shares from Ms. Neha Dhruva and 30,000 equity shares from Mr. Vijay Poddar to Mr. Nagji will issue letters of acceptance to the Underwriter(s). Allocation among Underwriter(s) may not Mita Shah; 75,000; Mr. Harilal Rita; 15, 000; Nagji Rita HUF; 20,000; Ms. Bhanu Shah; 20,000; K. Rita. (3) Re-issue of 4,870 forfeited equity shares on preferential basis to Mr. Nagji K. Rita. (4) necessarily be in proportion to their underwriting commitments. Notwithstanding the above table, Ms. Kiran Singh; 15,000; Ms. Khimai Rita; 28,000; Anil Shah HUF (9) Preferential allotment of Transfer of 1,80,000 Equity Shares from Keshavji M. Rita to Mr. Nagji K. Rita. We confirm that the the BRLM and the Syndicate Member(s) shall be severally responsible for ensuring payment with 5,000 equity shares to Ms. Neha Dhruv, 40,000 equity shares to Mr. Narayan Dabhi and 2,00,000 minimum Promoters’ contribution of 20% which is subject to lock-in for three years does not consist respect to the Equity Shares allocated to investors procured by them. In the event of any default in equity shares to Ms. Neena Shah. (10) Our Company allotted these 2,45,000 Equity Shares at a of: (5) equityshares acquired in past three years for consideration other than cash and revaluation payment, the respective Underwriter(s) in addition to other obligations to be defined in the Underwriting premium of ` 10/-. These shares were partly paid up on the date of allotment i.e. March 31, 2001, of assets or capitalisation of intangible assets is involved in such transaction; or (6) equity shares Agreement, will also be required to procure/subscribe to the extent of the defaulted amount, as hence the share premium is calculated as 2,45,000 multiply by 5 which is equal to 12,25,000. (11) resulting from a bonus issue by utilisation of revaluation reserves or unrealised profits of the issuer specified in the underwriting agreement. The BRLM shall be responsible for bringing in amounts Preferential allotment of 40,000 equity shares to Mr. Dhirubhai Ahir. (12) Our Company allotted or from bonus issue against equity shares which are ineligible for minimum promoters’ contribution devolved in the event that the other members of the Syndicate do not fulfil their underwriting these 40,000 Equity Shares at a premium of ‘`10/-. These shares were partly paid up on the date during the period of last three years; (7) equity shares acquired by promoter during the preceding one obligations. of allotment i.e. April 9, 2001, hence the share premium is calculated as 40,000 multiply by 5 which year at a price lower than the price at which equity shares are being offered to public in the Issue; CAPITAL STRUCTURE is equal to 2,00,000. (13) Preferential allotment of 40,000 equity shares to Mr. Nagji Rita, 50,000 (8) equity shares allotted to promoter during the preceding one year at a price less than the issue The share capital of our Company, as of the date of the Red Herring Prospectus is set forth below: equity shares to Ms. Shanti Rita, 20,000 equity shares to Mr. Chandrakant Shah, 40,000 equity price, against funds brought in by them during that period, post conversion of partnership firms; (9) (` in lakhs) shares to Ms. Mita Shah and 50,000 equity shares to Anil Shah HUF (14) Preferential allotment of equity shares pledged with any creditor. The Promoters contribution has been brought in to the Sr. Particulars Aggregate Aggregate 25,000 equity shares to Mr. Ashok Rathod, 50,000 equity shares to Mr. Vinod Patel and 50,000 extent of not less than the specified minimum amount and from the person defined as Promoters No Value at Value at equity shares to Mr. Sameer Mehta (15) Our Company allotted these 1,25,000 Equity Shares at a under the SEBI (ICDR) Regulations. 20% of the post-Issue paid-up equity share capital, as determined nominal Issue premium of ` 10/-. These shares were partly paid up on the date of allotment i.e. May 31, 2001, after the book-building process from the above mentioned Promoter i.e., Mr. Nagji K. Rita would value Price hence the share premium is calculated as 1,25,000 multiply by 5 which is equal to 6,25,000. (16) be locked-in for a period of three years from the date of allotment in the present Issue and the Preferential allotment of 29,000 equity shares to Ms. Shanti Rita and 35,000 equity shares to Anil balance Pre-Issue Paid-up Equity Share Capital would be locked-in for a period of one year from 1. Authorised Capital Shah HUF (17) Our Company forfeited an aggregate of 2,80,000 Equity Shares comprising of 40,000 the date of allotment in the present Issue. 2,45,00,000 Equity shares of ` 10/- each 2,450 c. Details of share capital locked-in for one year: Name; Date of Allotment / Transfer / Acquisition; Date ` shares of Mr. Narayan Dabhi, 40,000 shares of Mr. Dhirubhai Ahir and 2,00,000 shares of Ms. Neena 5,00,000 Preference shares of 10/- each 50 Shah due to their failure to pay the call amount on the said shares. The same was approved at the on which equity shares were made fully paid up; Mode of Acquisition (Allotment /Transfer); No. of Equity 2. Issued, Subscribed and Paid-Up Capital Shares; Face Value (`); Issue / Transfer Price; Consideration (Cash/ bonus/ kind); Percentage of Pre-issue 1,40,00,000 Equity Shares of ` 10/- each 1,400 meeting of the shareholders held on June 30, 2001.Our Company had received ` 25,000 towards 3. Present Issue to the Public in terms of the shares subscription money which was transferred to Forfeited Shares A/c. (18) Preferential allotment paid up capital; Percentage of Post-issue paid up capital; Ms. Jayshree N. Rita; June 29, 1996; June 29, of 32,500 equity shares to Mr. Virendra Singh, 2,500 equity shares to Ms Kiran Singh, 5,000 equity 1996; Preferential Allotment; 1,000; 10; 10; Cash; 0.01%; Negligible; ; April 12, 1999; April 12, Red Herring Prospectus (1); 70,00,000 Equity Shares of ` 10/- each shares to Ms Rupal Singh, 10,000 equity shares to Ms. Shweta Singh. (19) Preferential allotment 1999; Transfer 2,56,030; 10; 10; Cash; 1.83%; 1.22%; ; March 31, 2000; March 31, 2000; of 30,000 Equity Shares to Mr. Vijay Poddar. These shares were allotted at a premium of ` 10/-. Preferential Allotment; 89,000; 10; 10; Cash; 0.64%; 0.42%; ; March 30, 2001; March 30, 2001; fully paid up 700 [ ] (2); 4. Paid up Capital after the Issue (20) Preferential allotment of 50,000 equity shares to Mr. Virendra Singh. (21) Preferential allotment Preferential Allotment; 20,000; 10; 10; Cash; 0.14%; 0.10%; ; July 29, 2006; July 29, 2006; Transfer of 20,000 equity shares to Mr. Virendra Singh. (22) Our Company forfeited an aggregate of 1,25,000 3,26,000; 10; 10; Cash; 2.33%; 1.55%; ; November 10, 2007; November 10, 2007; Transfer(3); 2,10,00,000 Equity Shares of ` 10/- each 2,100 [ ] (4); 5. Share Premium Account Equity Shares comprising of 25,000 shares of Mr. Ashok Rathod, 50,000 shares of Mr. Vinod Patel (50,000); 10; 10; Cash; -0.07%; -0.05%; ; January 31, 2008; January 31, 2008; Transfer 40,000; and 50,000 shares of Mr. Sameer Mehta due to their failure to pay the call amount on the said 10; 10; Cash; 0.06%; 0.04%; ; January 31, 2008; January 31, 2008; Re-issue of forfeited shares on Before the Issue Nil preferential basis(5); 1,10,000; 10; 10; Cash; 0.79%; 0.52%; ; December 24, 2 009; December 24, After the Issue [] shares. The same was approved at the meeting of the shareholders held on January 5, 2002. (23) Our Company re-allotted an aggregate of 1,05,850 forfeited equity shares on preferential basis of 2009; Bonus Issue(1:1); 7,92,030; 10; NIL; Bonus; 5.66%; 3.77%; ; TOTAL(B); 15,84,060; 11.31%; Details of increase in the Authorised Capital of Our Company: `10/- each comprising of 85,990 shares to Mr. Vinod Shah, 14,990 shares to Mr. Pravin Gala and 7.54%. (1) Transfer of 100 equity shares from Nirmal Shah, 100 equity shares from Ashok Patel, 100 1.; Share Capital; Sr. No.; Particulars of Increase; Date of Shareholders’ Meeting; AGM/EGM; 1 32,50,000 4,870 shares to Mr. Nagji Rita. The same was approved at the meeting of the shareholders held on equity shares from Mr. Pravin Gada, 10 equity shares from Kiran Kapadia, 100 equity shares from shares of ` 10/- each aggregating to ` 3,25,00,000/-; Incorporation; -; 2 Reclassification of Authorised August 10, 2006. (24) Our Company had allotted 9,00,000 Equity Shares to the existing shareholders Mr. Narendra Shah, 100 equity shares from Mr. Amrutbhai Darji HUF, 100 equity shares from Ms. Capital of ` 3,25,00,000 into 5,00,000 Preference shares of ` 10/- each aggregating to ` 50,00,000/ on the record date, that is November 10, 2007, on rights basis. (25) Our Company re-allotted an Leela Darji, 25,000 equity shares from Mr. Bhanwarilal Kaler, 25,000 equity shares from Mr. Narendra - and 27,50,000 Equity Shares of ` 10/- each aggregating for ` 2,75,00,000/-; December 1, 1998; aggregate of 2,99,150 forfeited equity shares on preferential basis of `10/- each comprising of Sharma, 20,000 equity shares from Ms. Bharati Petty, 10,000 equity shares from Mr. Hiten Mehta, EGM; 3; Increased from ` 3,25,00,000/- consisting of 5,00,000 Preference shares of ` 10/- each 25,000 shares to Mr. Harshit Shah, 25,000 shares to Ms. Ratan Shah, 39,150 shares to Mr. Nishit 10,000 equity shares from Mr. Manharlal Shah, 10,000 equity shares from Mr. Vijay Zaveri, 10,000 aggregating to ` 50,00,000/- and 27,50,000 equity shares of `10/- each aggregating to `2,75,00,000/ Shah, 1,00,000 shares to Ms. Kiran Singh and 1,10,000 shares to Ms. Jayshree N. Rita. The same equity shares from Mr. Deepak Shah, 14,000 equity shares from Ms. Sumitradevi Kalher, 16,000 - to ` 5,00,00,000/- consisting of 5,00,000 Preference shares of ` 10/- each aggregating to ` was approved at the meeting of the shareholders held on January 31, 2008. (26) Our Company had equity shares from Mr. Rajeshkumar Jain, 10,000 equity shares from Ms. Mala Mehta, 10,000 equity 50,00,000/- and 45,00,000 equity shares of `10/- each aggregating to ` 4,50,00,000/-.; December allotted 2,00,850 Equity Shares to the existing shareholders on the record date, that is January 30, shares from Mr. Hemraj Gada, 5,000 equity shares from Mr. Arun Devlekar, 10,000 equity shares from 22, 1999; EGM; 4 Increased from ` 5,00,00,000/- consisting of 5,00,000 Preference shares of ` 10/ 2008, on a rights basis (27) Our Company had allotted 70,00,000 Equity Shares as fully paid bonus Ms. Asha Nikodawala, 25,000 equity shares from Mr. Navin Nandu, 30,000 equity shares from Mr. - each aggregating to `50,00,000/- and 45,00,000 equity shares of `10/- each aggregating to ` shares to the existing shareholders on the record date, that is December 21, 2009, by utilisation of Arvind Patel, 15,000 equity shares from Mr. Suresh Goswami, 10,000 equity shares from Mr. Ashok 4,50,00,000/- to ` 11,00,00,000/- consisting of 5,00,000 Preference shares of ` 10/- each aggregating following reserves of our Company: a. Capital Redemption Reserve of ‘`50,00,000; b. Securities Salwalani, 10 equity shares from Mr. Kanji Shah, 10 equity shares from Mr. Padamshi Shah, 100 to ` 50,00,000/- and 1,05,00,000 equity shares of `10/- each aggregating to ` 10,50,00,000/-.; Premium of `23,75,000 c. General Reserve of `6,26,25,000 equity shares from Mr. Vijay Doshi, 100 equity shares from Mr. Jashraj Jain, 100 equity shares from August 28, 2000; EGM; 5; Increased from ` 11,00,00,000/- consisting of 5,00,000 Preference shares 2. Capital Build up (Preference Share Capital History): Mr. Mahendralal Chheda, and 100 equity shares from Mr. Vasanji Gala respectively to Ms. Jayshree of `10/- each aggregating to ` 50,00,000/- and 1,05,00,000 equity shares of `10/- each aggregating Date of Allotment / Fully Paid up No. of Preference Shares; Face Value; Issue Price; Consideration; N. Rita. (2) Transfer of 31,000 equity shares from Mr. Chandrakant Shah, 39,000 equity shares from to `10,50,00,000/- to ` 25,00,00,000/- consisting of 5,00,000 Preference shares of ` 10/- each Reasons for Allotment / Reduction; Cumulative No. of Preference Shares; Cumulative Paid-up Capital; Ms. Bhanu Shah, 11,000 equity shares from Mr. Anil Shah, 1,21,000 equity shares from Ms. Mita aggregating to ` 50,00,000/- and 2,45,00,000 equity shares of `10/- each aggregating to ` Cumulative Securities Premium Account; December 31, 1998; 4,50,000; 10; 10; Cash; Preferential Shah and 1,24,000 equity shares from Anil Shah HUF respectively to Ms. Jayshree N. Rita. (3) 24,50,00,000/-.; December 21, 2009; EGM. Allotment(1); 4,50,000; 45,00,000; NIL; March 31, 2000; 50,000; 10; 10; Cash; Preferential Allotment Transfer of an aggregate of 50,000 equity shares from Ms. Jayshree N. Rita to Mr. Kirit Satra, 25,000 NOTES TO CAPITAL STRUCTURE to Mr. Pravin N. Gala; 5,00,000; 50,00,000; NIL; July 3, 2006; 5,00,000; 10; 10; Cash; Redeemed equity shares and Mr. Nitesh Satra, 25,000 equity shares respectively. (4) Transfer of 40,000 equity 1.; Capital Build up (Equity Share Capital History):; Date of Allotment / Fully Paid up; No. of Equity at par; NIL; NIL; NIL (1) Allotted Preference Shares to (1) Mr. Nagji K. Rita - 1,00,000 preference shares from Ms. Padma Rita to Ms. Jayshree N. Rita. (5) Re-issue of 1,10,000 forfeited equity shares Shares; Face Value; Issue Price; Consideration; Nature of Allotment / Reduction; Cumulative No. of shares; (2) Mr. Kanji B. Rita – 75,000 preference shares; (3) Nagji Rita HUF – 50,000 preference on preferential basis to Ms. Jayshree N. Rita We confirm that the specific written consents have been Equity Shares; Cumulative Paid-up Capital; Cumulative Securities Premium Account; May 23, 1995; 70; obtained from our Promoter for inclusion of their shares for computation of minimum Promoters (1); shares; (4) Ms. Jayshree N. Rita – 50,000 preference shares; (5) Ms. Khimai K. Rita – 50,000 10; 10; Cash; Subscription to MoA 70; 700; NIL; November 25, 1995; 17,20,100; 10; 10; Cash; preference shares; (6) Mr. Virendra D. Singh – 50,000 preference shares; (7) Mr. Vinod K. Shah – contribution subject to lock-in. Shares held by any person other than our Promoters, prior to this Preferential Allotment(2); 17,20,170; 1,72,01,700; NIL; June 29, 1996; 4,95,580; 10; 10; Cash; Issue, which are subject to lock in as per the provisions of Regulation 37 of SEBI (ICDR) Regulation, (3); 50,000 preference shares; (8) Mr. Keshavji M. Rita - 25,000 preference shares Preferential Allotment 22,15,750; 2,21,57,500; NIL; March 31, 1997; 400; 10; 10; Cash; 3. Details of Promoters’ contribution, lock-in and Promoter Group build-up: The Equity Shares held may be transferred to any other person holding shares which are locked in, subject to continuation Preferential Allotment(4); 22,16,150; 2,21,61,500; NIL; June 30, 1997; 3,40,000; 10; 10; Cash; of lock-in in the hands of transferees for the remaining period and compliance of Takeover Code as (5); by the Promoters were acquired/ allotted in the following manner: Preferential Allotment 25,56,150; 2,55,61,500; NIL; March 31, 2000; 14,80,000; 10; 10; Cash; a. Details of build-up of shareholding of Promoters : Name; Date of Allotment / Transfer / Acquisition; applicable. Shares held by our Promoters which are locked in as per the provisions of Regulation Preferential Allotment(6); 40,36,150; 4,03,61,500; NIL; August 31, 2000; 4,56,000; 10; 10; Cash; 36 of the SEBI (ICDR) Regulations, may be transferred to and amongst Promoters / Group Entities (7); No. of Equity Shares; Face Value (`); Issue / Acquisition Price; Consideration (Cash/ bonus/ kind etc.); Preferential Allotment 44,92,150; 4,49,21,500; NIL; March 30, 2001; 5,83,000; 10; 10; Cash; Nature of Transaction; Mr. Nagji K. Rita; May 23, 1995; 10; 10; 10; Cash; Subscribers to the MOA; ; or to a new promoter or persons in control of our Company, subject to continuation of lock-in in the Preferential Allotment(8); 50,75,150; 5,07,51,500; NIL; March 31, 2001; 2,45,000; 10; 20; Cash; hands of transferees for the remaining period and compliance of Takeover Code, as applicable. In (9); (10) November 25, 1995; 7,50,100; 10; 10; Cash; Fresh Issue; ; June 29, 1996; 4,890; 10; 10; Cash; Fresh Preferential Allotment 53,20,150; 5,32,01,500; 12,25,000; April 9, 2001; 40,000; 10; 20; (1); ; terms of Regulation 39 of the SEBI ICDR Regulations, the locked-in Equity Shares held by our (11); (12) Issue; ; April 12, 1999; 2,21,000; 10; 10; Cash; Transfer March 31, 2000; 3,99000; 10; 10; Cash; Cash; Preferential Allotment 53,60,150; 5,36,01,500; 14,25,000; April 30, 2001; 2,00,000; Fresh Issue; ; August 31, 2000; 40,000; 10; 10; Cash; Fresh Issue; ; March 30, 2001; 65,000; 10; 10; Promoters can be pledged only with any scheduled commercial banks or public financial institutions 10; 10; Cash; Preferential Allotment(13); 55,60,150; 5,56,01,500; 14,25,000; May 31, 2001; 1,25,000; as collateral security for loans granted by such banks or financial institutions, subject to the following: (14); (15) Cash; Fresh Issue; ; April 30, 2001; 40,000; 10; 10; Cash; Fresh Issue; ; July 29, 2006; 3,96,100; 10; 10; 20; Cash; Preferential Allotment 56,85,150; 5,68,51,500; 20,50,000; May 31, 2001; (2); ; (3); ; If the specified securities are locked-in in terms of sub-regulation (a) of Regulation 36 of the SEBI (16); 10; Cash; Transfer August 10, 2006; 4,870; 10; 10; Cash; Re-issue of forfeited shares November 64,000; 10; 10; Cash; Preferential Allotment 57,49,150; 5,74,91,500; 20,50,000; June 30, 10, 2007; 1,80,000; 10; 10; Cash; Transfer(4); ; December 24, 2009; 21,00,970; 10; NIL; Bonus; (ICDR) Regulations, the loan has been granted by such bank or institution for the purpose of 2001; (2,80,000); 10; 20; Cash; Forfeiture of Shares(17); 54,69,150; 5,46,91,500; 20,75,000; October financing one or more of the objects of the issue and pledge of specified securities is one of the terms (18); Bonus Issue; ; TOTAL; 42,01,940; Ms. Jayshree N. Rita; June 29, 1996; 1,000; 10; 10; Cash; Fresh Issue; 13, 2001; 50,000; 10; 10; Cash; Preferential Allotment 55,19,150; 5,51,91,500; 20,75,000; ; April 12, 1999; 2,56,030; 10; 10; Cash; Transfer(5); ; March 31, 2000; 89,000; 10; 10; Cash; Fresh of sanction of the loan; If the specified securities are locked-in in terms of sub-regulation (b) of October 13, 2001; 30,000; 10; 20; Cash; Preferential Allotment(19); 55,49,150; 5,54,91,500; Regulation 36 of the SEBI (ICDR) Regulations and the pledge of specified securities is one of the (20); Issue; ; March 30, 2001; 20,000; 10; 10; Cash; Fresh Issue; ; July 29, 2006; 3,26,000; 10; 10; Cash; 23,75,000; November 29, 2001; 50,000; 10; 10; Cash; Preferential Allotment 55,99,150; (6); ; (7); ; terms of sanction of the loan. Further all the shares held by the Promoters / Promoter Group are free (21); Transfer November 10, 2007; (50,000); 10; 10; Cash; Transfer January 31, 2008; 40,000; 10; 5,59,91,500; 23,75,000; December 31, 2001; 20,000; 10; 10; Cash; Preferential Allotment (8); ; (9); ; from pledge. (22); 10; Cash; Transfer January 31, 2008; 1,10,000; 10; 10; Cash; Re-issue of forfeited shares 56,19,150; 5,61,91,500; 23,75,000; January 5, 2002; (1,25,000); 10; 20; Cash; Forfeiture of Shares December 24, 2009; 7,92,030; 10; NIL; Bonus; Bonus Issue; ; TOTAL; 15,84,060. (1) Transfer of d. Details of build-up of shareholding of Group Entities: The Equity Shares held by the Promoter 54,94,150; 5,49,41,500; 23,75,000; August 10, 2006; 1,05,850; 10; 10; Cash; Re-issue of forfeited 2,21,000 shares from Vantage Financial Services Limited to Mr. Nagji K. Rita at par. (2) Transfer of Group were acquired / allotted in the following manner: Name of Promoter Group Entity/ Individual; shares on preferential basis(23); 56,00,000; 5,60,00,000; 23,75,000; November 10, 2007; 9,00,000; Date of Allotment / Transfer / Acquisition; No. of Equity Shares; Face Value (`); Issue / Acquisition Price; (24); an aggregate number of 3,96,100 shares to Mr. Nagji K. Rita from; Premji Rita HUF 36,000 shares, 10; 10; Cash; Rights Issue 65,00,000; 6,50,00,000; 23,75,000; January 31, 2008; 2,99,150; 10; Ms. Minaxi P. Rita 70,100 shares and Mr. Premji K. Rita 2,55,000 shares, Ms. Neha Dhruva 5,000 Consideration (Cash/ bonus/ kind etc.); Nature of Transaction; Nagji Rita HUF; June 29, 1996; 1,000; 10; Cash; Re-issue of forfeited shares on preferential basis(25); 67,99,150; 6,79,91,500; 23,75,000; 10; 10; Cash; Fresh Issue; ; March 31, 2000; 50,000; 10; 10; Cash; Fresh Issue; ; August 31, 2000; (26); shares and Mr. Vijay Poddar 30,000 shares respectively, at par. (3) Re-issue of 4,870 forfeited equity January 31, 2008; 2,00,850; 10; 10; Cash; Rights Issue 70,00,000; 7,00,00,000; 23,75,000; shares to Mr. Nagji K. Rita. (4) Transfer of 1,80,000 Equity Shares from Keshavji M. Rita to Mr. Nagji 70,000; 10; 10; Cash; Fresh Issue; ; March 30, 2001; 15,000; 10; 10; Cash; Fresh Issue; ; December December 24, 2009; 70,00,000; 10; 10; NIL; Bonus (1:1) to the existing shareholders as on record 24, 2009; 1,36,000; 10; NIL; Bonus; Bonus(1); ; TOTAL; 2,72,000; Keshavji Rita HUF; June 29, 1996; (27); K. Rita. (5) Transfer of an aggregate number of 2,56,030 shares to Ms. Jayshree N. Rita from; Nirmal date 1,40,00,000; 14,00,00,000; NIL Shah 100 shares, Ashok Patel 100 shares, Mr. Pravin Gada 100 shares, Kiran Kapadia 10 shares, 1,000; 10; 10; Cash; Fresh Issue; ; March 31, 2000; 67,000; 10; 10; Cash; Fresh Issue; ; March 30, (1) Subscription to Memorandum of Association (ten shares each) by Mr. Nagji Rita, Mr. Virendra Mr. Narendra Shah 100 shares, Mr. Amrutbhai Darji HUF 100 shares, Ms. Leela Darji 100 shares, 2001; 10,000; 10; 10; Cash; Fresh Issue; ; November 10, 2007; -77,000; 10; 10; Cash; Transfer; ; Singh, Mr. Vinod Shah, Mr. Padamshi Shah, Mr. Keshavji Rita, Mr. Kiran Kapadia and Mr.Kanji Mr. Bhanwarilal Kaler 25,000 shares, Mr. Narendra Sharma 25,000 shares, Ms. Bharati Petty December 24, 2009; 1,000; 10; NIL; Bonus; Bonus(1); ; TOTAL; 2,000. (1) Bonus in the ratio of 1:1, that Shah. (2) Preferential allotment of 7,50,100 equity shares to Mr. Nagji Rita, 3,00,000 equity shares 20,000 shares, Mr. Hiten Mehta 10,000 shares, Mr. Manharlal Shah 10,000 shares, Mr. Vijay Zaveri is one share for each share held in the Company as on the record date as decided by the members to Mr. Kanji Rita, 2,00,000 equity shares to Mr. Pravin Gala, 1,00,000 equity shares to Mr. Virendra 10,000 shares, Mr. Deepak Shah 10,000 shares, Ms. Sumitradevi Kalher 14,000 shares, Mr. in the EGM dated December 21, 2009. Singh, 1,70,000 equity shares to Mr. Vinod Shah and 2,00,000 equity shares to Mr. Premji Rita. (3) Rajeshkumar Jain 16,000 shares, Ms. Mala Mehta 10,000 shares, Mr. Hemraj Gada 10,000 shares, e. Details of aggregate shareholding of Promoter Group: Name of Group Entities; Number of Equity Preferential allotment of 4,95,580 shares to the following allottes: Mr. Arun Devlekar 5,000 shares, Ms. Asha Nikodawala 10,000 shares, Mr. Navin Nandu 25,000 Shares; % of pre issue equity share capital; Mr. Kanji B. Rita; 7,41,112; 5.29; Mr. Pravin N. Gala; Equity shares; Allottee; Equity shares; Allottee; Equity shares; Allottee; 4,890; Mr. Nagji Rita; 30,000; shares, Mr. Arvind Patel 30,000 shares, Mr. Suresh Goswami 15,000 shares, Mr. Ashok Salwalani 11,20,000; 8.00; Mr. Virendra Singh; 10,65,000; 7.61; Mr. Vinod K. Shah; 7,20,000; 5.14; Kanji Mr. Kanji Rita; 25,000; Mr. Narendra Sharma; 1,000; Ms. Jayshree N. Rita,; 1,15,000; Mr. Virendra 10,000 shares, Mr. Kanji Shah 10 shares, Mr. Padamshi Shah 10 shares, Mr. Vijay Doshi 100 shares, Rita HUF; 3,77,778; 2.70; TOTAL; 40,23,890; 28.74 Singh,; 25,000; Mr. Navin Nandu; 50,000; Mr. Vinod Shah; 1,000; Nagji K. Rita HUF; 1,000; Mr. Mr. Jashraj Jain 100 shares, Mr. Mahendralal Chheda 100 shares, and Mr. Vasanji Gala 100 shares 4. Our Promoters and our Group Entities, the Directors of our Company, the Directors of our Group Anil Shah; 5,000; Ms. Kiran Singh; 1,000; Keshavji Rita HUF; 1,000; Premji Rita HUF; 1,000; Ms. respectively, at par. (6) Transfer of an aggregate number of 3,26,000 shares to Ms. Jayshree N. Rita Entities have not purchased, neither have they sold any Equity Shares, during a period of six months Khimai Rita; 4,990; Mr. Keshavji Rita; 1,000; Ms. Mita Shah; 100; Mr. Pravin Gada; 100; Mr. Nirmal from; Mr. Chandrakant Shah 31,000 shares, Ms. Bhanu Shah 39,000 shares, Mr. Anil Shah 11,000 preceding the date of filing the Red Herring Prospectus with SEBI. 5. None of our Directors or key Shah; 20,000; Anupam Software Dev. & Online Training Private Limited; 100; Mr. Vijay Doshi; 100; shares, Ms. Mita Shah 1,21,000 shares and Anil Shah HUF 1,24,000 shares respectively, at par. (7) managerial personnel hold Equity Shares in the Company, other than as follows: Sr. No; Name of the Mr. Jasraj Jain; 25,000; Mr. Banwarilal Kaler; 100; Mr. Ashok Patel; 100; Mr. Mahendralal Chheda; Transfer of an aggregate of 50,000 shares from Ms. Jayshree N. Rita to Mr. Kirit Satra, 25,000 shares Directors; Number of Equity Shares; % of pre issue equity share capital; 1.; Mr. Nagji K. Rita; 42,01,940; 30,000; Mr. Arvind Patel; 100; Mr. Vasanji Gala; 5,000; Mr. Arun Devlekar; 1,000; Mr. Chandrakant and Mr. Nitesh Satra, 25,000 shares respectively at par. (8) Transfer of 40,000 shares from Ms. 30.01%; 2.; Mr. Kanji B. Rita; 7,41,112; 5.29%; 3.; Mr. Pravin N. Gala; 11,20,000; 8.00%; 4.; Mr.

INVENTURE GROWTH & SECURITIES LIMITED 11 IN THE NATURE OF ABRIDGED PROSPECTUS - MEMORANDUM CONTAINING SALIENT FEATURES OF THE RED HERRING PROSPECTUS (RHP) Virendra Singh; 10,65,000; 7.61%; 5.; Mr. Vinod K. Shah; 7,20,000; 5.14%; 6. Our Promoters have restrictive covenants regarding the alteration of our capital structure and other restrictive covenants. ratios, in Annexure Vas set out in the Auditors Report on financial statements on page no 181 of the Red not been issued Equity Shares for consideration other than cash except for 70,00,000 Equity Shares As per the loan agreements and sanction letters, we are required to take written consent from the Herring Prospectus to have a more informed view. Provided however that the Issue Price for the Equity issued as Bonus on December 24, 2009. 7. Except as mentioned in the para titled ‘Other Agreements’ lenders, pursuant to which we have taken written consents in relation to this Issue from the following Shares in this Issue has not been determined solely on the basis of such profitability and returns ratios, beginning on page number 134, in the Chapter titled ‘History and Certain Corporate Matters’ banks: Sr. No.; Lender/Banker; Date of NoC; 1.; Axis Bank Limited; November 24, 2009; 2.; Bank of financial statements or other forward looking statements. The Issue Price will be determined on the basis beginning on page number 131 of the Red Herring Prospectus, our Company, our Directors, our India (Botad); December 10, 2009; 3.; Kotak Mahindra Bank Limited; December 11, 2009; 4.; of demand from Investors upon completion of the Book Building process. Promoters and the BRLM to this Issue have not entered into any buy-back, standby or similar Punjab National Bank (Malad); December 17, 2009; 5.; HDFC Bank Limited; December 17, 2009; STATEMENT OF TAX BENEFITS arrangements for purchase of Equity Shares of our Company from any person. 8. An over-subscription 6.; Syndicate Bank; December 23, 2009; 7.; Bank of India (Stock Exchange); December 30, 2009; Tax benefits available under Income Tax Act, 1961 (the Act). to the extent of 10% of this Issue size can be retained for the purpose of rounding off while finalizing 8.; Punjab National Bank (Fort); January 2, 2010; 9.; ICICI Bank Limited; January 6, 2010; 10.; ICICI Benefits available to the Company: Under section 10(34),115-O,10(38), 115JB, 32, 32(2), 10(23D), the basis of Allotment of Equity Shares. 9. As on the date of filing of the Red Herring Prospectus Home Finance Company Limited; January 6, 2010 11.; Kotak Mahindra Prime Limited; January 11, 80G, 115JAA, (1A), 36 (1) (xv), 10(34), 115-O of the Income Tax Act, 1961 there are no outstanding Warrants, options or rights to convert debentures, loans or other financial 2010. 34. The Equity Shares forming part of Promoters’ contribution do not consist of any private Benefits available to resident shareholders: Under section10(38), 48, 54EC, 80C,10(38), 111A , 112, instruments into Equity Shares. 10. As per RBI regulations, OCBs are not allowed to participate in placement made by solicitation of subscription from unrelated persons, either directly or through any 10(38), 36 (1) (xv) of the Income Tax Act, 1961 this Issue, sub accounts of FIIs who are foreign corporates or foreign individuals are not QIBs, and intermediary. Benefits available to non resident shareholders (other than Foreign Institutional Investors and Foreign hence cannot Bid in the QIB Portion in the Issue. 11. Since the entire money of ` []/- per share (` OBJECTS OF THE ISSUE Venture Capital Investors).: Under section 10(34) , 115-O , 10(38), 48, 10(38), 80C, 54F, 10(38) 112, 10/- face value + ` []/- premium) is being called on application, all the successful applicants will The objects of this Issue are to meet the following:  Investment in our subsidiary, Inventure Finance 10(38), section 90(2),115E, 115F, 115-G, 115-I , 139 of the Income Tax Act, 1961. be issued fully paid-up Equity Shares. 12. The Equity Shares of our Company are fully paid up and Private Limited;  Augmenting Long Term Working Capital Requirement  General corporate Benefits available to foreign institutional investors (FIIs): Under section 10(34),, 115-O, 10(38), 54EC, there are no partly paid up Equity Shares as on date. 13. In case of over-subscription in all categories, purposes; and  Public issue expenses. Further, the objects of the Issue are to achieve the benefits 80C, 90(2),10(38) of the Income Tax Act, 1961 not more than 50% of the Issue to the Public shall be allocated on a proportionate basis to Qualified of listing on the Stock Exchanges. We believe that listing will enhance our Company’s brand name Benefits available under the Wealth Tax Act, 1957: under section 2(ea) of the Income Tax Act, 1961 Institutional Buyers, of which 5% shall be reserved for Mutual Funds. Further, not less than 15% of and provide liquidity to our Company’s existing shareholders. Listing will also provide a public Gift of shares not liable to tax, subject to satisfaction of certain conditions: under section 56(viia) the Issue to the Public shall be available for allocation on a proportionate basis to Non-Institutional market for the Equity Shares in India. The main objects clause and objects incidental or ancillary 4. Special Benefits. Bidders and not less than 35% of the Issue to the Public shall be available for allocation on a to the main clause of the Memorandum of Association of the Company enable the Company to INDUSTRY OVERVIEW: The information presented in this section has been obtained from publicly proportionate basis to Retail Individual Bidders, subject to valid bids being received at or above the undertake the existing activities and the activities for which the funds are being raised by us. We available documents from various sources including stock exchange and industry websites and from Issue Price. 14. Under-subscription, if any, in any portion would be met with spill over from other intend to utilize the proceeds of the Issue, after deducting BRLM Fees, and management fees, publications and government and company estimates. Industry websites and publications generally categories at the sole discretion of our Company in consultation with the BRLM and the Designated selling commission and other public issue expenses associated with the Issue (“Issue Proceeds”), state that the information contained therein has been obtained from sources believed to be reliable Stock Exchange. which is estimated at ` [] Lakhs for financing the growth of our business. but their accuracy and completeness are not guaranteed and their reliability cannot be assured. 15. Particulars of the top ten shareholders: (a) Particulars of the top ten shareholders as on the date of filing Utilization of Funds; Fund Requirement (`in lakhs); Sr. No.; Particulars; Total Cost; A.; Investment in Although we believe industry, market and government data used in the Red Herring Prospectus is of the Red Herring Prospectus with SEBI.; Sr. No.; Name of Shareholders; Number of Equity Shares; subsidiary, IFPL; 3,000; B.; Augmenting Long Term Working Capital Requirement; 2,000; C.; reliable and that website data is as current as practicable, these have not been independently Percentage of Total Paid-Up Capital; 1; Mr. Nagji K. Rita; 42,01,940; 30.01; 2; Ms. Jayshree N. Rita; General corporate purposes *; []; D.; Publicissue expenses *; []; TOTAL; []. * Will be incorporated, verified. Similarly, internal Company estimates, which we believe to be reliable, have not been 15,84,060; 11.31; 3; Mr. Pravin N. Gala; 11,20,000; 8.00; 4; Ms. Usha A. Shah; 11,11,110; 7.94; if applicable, at the time of filing the Prospectus with RoC. verified by any independent agencies. For further details, please refer to the RHP. 5; Mr. Virendra Singh; 10,65,000; 7.61; 6; Mr. Kanji B. Rita; 7,41,112; 5.29; 7; Mr. Vinod K. Shah; Means of Finance: The entire requirement of funds is proposed to be funded through the Issue OUR BUSINESS 7,20,000; 5.14; 8; Ms. Shanti K. Rita; 5,00,000; 3.57; 9; Kanji Rita HUF; 3,77,778; 2.70; 10; Mr. Proceeds. In case of shortfall, if any, the same shall be met out of internal accruals. Excess money, In this section, unless the context otherwise requires, a reference to the “Company” ,”IGSL” is a Harilal B. Rita; 2,90,000; 2.07; ; TOTAL; 1,17,11,000; 83.65; (b)Particulars of top ten shareholders ten if any, will be utilised for general corporate purpose, including acquisitions. The objects for which reference to Inventure Growth & Securities Limited and unless the context otherwise requires, a days prior to the filing of the Red Herring Prospectus with SEBI.; Sr. No.; Name of Shareholders; Number the funds are being raised have not been appraised by any external agencies and as such all the reference to “Inventure Group” “we”, “us” and “our” refers to Inventure Growth & Securities Limited of Equity Shares; Percentage of Total Paid-Up Capital; 1; Mr. Nagji K. Rita; 42,01,940; 30.01; 2; Ms. fund requirements are based on management estimates. Our management, in response to the and its Subsidiaries viz Inventure Finance Private Limited (IFPL), Inventure Commodities Limited Jayshree N. Rita; 15,84,060; 11.31; 3; Mr. Pravin N. Gala; 11,20,000; 8.00; 4; Ms. Usha A. Shah; competitive and dynamic nature of the industry, will have the discretion to revise its business plan (ICL), Inventure Wealth Management Limited (IWML) and Inventure Insurance Broking Private 11,11,110; 7.94; 5; Mr. Virendra Singh; 10,65,000; 7.61; 6; Mr. Kanji B. Rita; 7,41,112; 5.29; 7; Mr. from time to time and consequently our funding requirement and deployment of funds may also Limited (IBPL) on a consolidated basis. IGSL is the first generation financial intermediary and Vinod K. Shah; 7,20,000; 5.14; 8; Ms. Shanti K. Rita; 5,00,000; 3.57; 9; Kanji Rita HUF; 3,77,778; change. This may, subject to compliance with applicable laws and regulations, also include flagship Company of Inventure Group. A professionally managed Company led by Mr. Nagji K. Rita 2.70; 10; Mr. Harilal B. Rita; 2,90,000; 2.07; ; TOTAL; 1,17,11,000; 83.65; (c); Particulars of the top ten rescheduling the proposed utilization of Issue Proceeds and increasing or decreasing expenditure who is the founder member and through his managerial acumen and cumulative experience of 20 shareholders 2 years prior to the date of filing of the Red Herring Prospectus with SEBI.; Sr. No.; Name for a particular object vis-à-vis the utilization of Issue Proceeds. In case of variations in the actual years in the financial markets has steered the growth of Inventure Group. We offer a host of services of Shareholders; Number of Equity Shares; Percentage of Total Paid-Up Capital; 1; Mr. Nagji K. Rita; utilization of funds earmarked for the purposes set forth above, increased fund requirements for a under one roof providing comprehensive advisory services that are well diversified from trading 21,00,970; 30.01; 2; Mr. Kanji B. Rita; 8,15,000; 11.64; 3; Ms. Jayshree N. Rita; 7,92,030; 11.31; particular purpose may be financed by surplus funds, if any, available in respect of the other purposes services in equity cash and derivatives market, debt market, commodities and currency futures 4; Mr. Pravin N. Gala; 5,60,000; 8.00; 5; Mr. Virendra Singh; 5,32,500; 7.61; 6; Mr. Vinod K. Shah; for which funds are being raised in this Issue. If surplus funds are unavailable, the required financing segment to financing activity, wealth management, and distributions of financial product. IGSL has 3,60,000; 5.14; 7; Kanji Rita HUF; 3,00,000; 4.29; 8; Ms. Shanti K. Rita; 2,50,000; 3.57; 9; Mr. will be through our internal accruals and/or debt. direct interests in equity, debt and currency futures broking, depository activities, PMS and other Harilal Rita; 1,45,000; 2.07; 10; Nagji Rita HUF; 1,36,000; 1.94; ; TOTAL; 59,91,500; 85.59 Monitoring of Utilization of Funds: Our Board will monitor the utilization of the Issue Proceeds. As activities like commodity broking, non-banking financial services, wealth management and sale of 16. Shareholding pattern of our Company prior to and post this Issue; ; Pre-Issue; Post-Issue; Category per Clause 49 of the listing agreements with the Stock Exchanges, we shall disclose to the Audit insurance products are provided through its Subsidiaries. As a growing Indian domestic brokerage code; Category of shareholder; No. of share holders; Total number of shares; Number of shares held in Committee, the uses / applications of funds on a quarterly basis as a part of our quarterly declaration house, we have a diversified clientele base that includes institutional clients, high net worth individuals dematerialised form; Total shareholding as a percentage of total number of shares; No. of share holders; of financial results. Further, we shall, on a quarterly basis, prepare a statement indicating material and retail investors. We use a knowledge-based approach together with personalized services to Total number of shares; Number of shares held in dematerialised form; Total shareholding as a percentage deviations, if any, in the use of Issue proceeds. Such statement shall be furnished to the Stock meet our clients’ needs in line with their investment objective. Our clientele includes institutional of total number of shares; ; As a percentage of (A+B); As a percentage of (A+B+C); As a percentage of Exchanges along with the interim and / or annual financial statements and shall be published in clients, high net worth individuals and retail investors across the country. We could withstand the (A+B); As a percentage of (A+B+C); (A); Promoter and Promoter Group; (1); Indian; (a); Individuals/ the newspapers simultaneously with the interim or annual financial results, after placing it before volatile market conditions based on this diversified base of customers and the speed and accuracy Hindu Undivided Family; 9; 1,00,83,890; 1,00,83,890; 72.02; 72.02; 9; 1,00,83,890; 1,00,83,890; 48.02; 48.02; ; our Audit Committee. No part of the Issue Proceeds will be paid as consideration to Promoters, of our employees. For further details, please refer to the RHP. Mr. Nagji K. Rita; 1; 42,01,940; 42,01,940; 30.01; 30.01; 1; 42,01,940; 42,01,940; 20.01; 20.01; Directors, Key Managerial Personnel, Associates and Group Companies, except to the extent of REGULATION AND POLICIES IN INDIA : For details, please refer to the RHP. ; Ms. Jayshree N. Rita; 1; 15,84,060; 15,84,060; 11.31; 11.31; 1; 15,84,060; 15,84,060; 7.54; 7.54; amount as invested in the wholly owned subsidiary as stated in the Objects of the Issue or as incurred HISTORY AND CERTAIN CORPORATE MATTERS ; Mr. Kanji B. Rita; 1; 7,41,112; 7,41,112; 5.29; 5.29; 1; 7,41,112; 7,41,112; 3.53; 3.53; ; Mr. Pravin in the normal course of business. The Issue Proceeds will be determined based on the Issue Price Our Company was incorporated on June 22, 1995, as Inventure Growth & Securities Limited under N. Gala; 1; 11,20,000; 11,20,000; 8.00; 8.00; 1; 11,20,000; 11,20,000; 5.33; 5.33; ; Mr. Virendra discovered through the 100% Book-Building process. For further details, please refer to the RHP. the Companies Act, 1956, with Registration Number 11-89838 of 1995 and Corporate Identification Singh; 1; 10,65,000; 10,65,000; 7.61; 7.61; 1; 10,65,000; 10,65,000; 5.07; 5.07; ; Mr. Vinod K. BASIS FOR ISSUE PRICE: The Price Band for the Issue shall be decided prior to the filing of the Red Number U65990MH1995PLC089838. Our Company received its certificate for commencement of Shah; 1; 7,20,000; 7,20,000; 5.14; 5.14; 1; 7,20,000; 7,20,000; 3.43; 3.43; ; Nagji Rita HUF; 1; Herring Prospectus with the RoC. The Issue Price will be determined by the Company in consultation business on September 4, 1995. Today, our Company, along with its Subsidiaries, provides a host 2,72,000; 2,72,000; 1.94; 1.94; 1; 2,72,000; 2,72,000; 1.30; 1.30; ; Keshavji Rita HUF; 1; 2,000; with the Book Running Lead Manager on the basis of the assessment of market demand for the of services under one umbrella, to our diversified client base, which includes institutional clients, 2,000; 0.01; 0.01; 1; 2,000; 2,000; 0.00; 0.00; (b); Central Government/ State Government(s); -; -; offered Equity Shares by the book building process. The face value of the Equity Shares of the high net worth individuals and retail investors. Our Company has been directly providing equity -; -; -; -; -; -; -; -; (c); Bodies Corporate; -; -; -; -; -; -; -; -; -; -; (d); Financial Institutions/ Banks; -; -; -; Company is ` 10/- each and the Issue Price is 10 times of the face value at the lower end of the Price broking and depository services to our clients. For further details, please refer to the RHP. -; -; -; -; -; -; -; (e); Any Other (specify); -; -; -; -; -; -; -; -; -; -; (f); Immediate relatives; -; -; -; -; -; -; -; -; Band and 11.7 times the face value at the higher end of the Price Band. The EPS and NAV SUBSIDIARIES -; -; ; Sub-Total (A)(1); -; -; -; -; -; -; -; -; -; -; (2); Foreign; (a); Individuals (Non-Resident Individuals/ presented in this section are based on the Face Value of ` 10/- per equity share. Our Company has four subsidiaries, namely: 1. Inventure Insurance Broking Private Limited 2. Foreign Individuals); -; -; -; -; -; -; -; -; -; -; (b); Bodies Corporate; -; -; -; -; -; -; -; -; -; -; (c); Institutions; Qualitative Factors: Experienced management team and motivated employees; Diverse distribution Inventure Wealth Management Limited 3. Inventure Finance Private Limited 4. Inventure Commodities -; -; -; -; -; -; -; -; -; -; (d); Any Other (specify); -; -; -; -; -; -; -; -; -; -; ; Sub-Total (A)(2); -; -; -; -; -; -; -; -; - network in regional space; Integrated financial services provider; Strong risk management system; Limited For further details, please refer to the RHP. ; -; ; Total Shareholding of Promoter and Promoter Group (A)= (A)(1)+(A)(2); 9; 1,00,83,890; 1,00,83,890; Growth in our Wealth Management business; Centralized Infrastructure; Strong relationship with our OUR MANAGEMENT 72.02; 72.02; 9; 1,00,83,890; 1,00,83,890; 48.02; 48.02; (B); Public shareholding; (1); Institutions; (a); Mutual clients; Diversified client base; Under our Articles, our Company is required to have not less than three Directors and not more than Funds/UTI; -; -; -; -; -; []; []; []; []; []; (b); Financial Institutions/ Banks; -; -; -; -; -; []; []; []; Quantitative Factors: Information presented in this section is derived from our restated audited twelve Directors. As on the date of the Red Herring Prospectus, our Board comprises of ten Directors. []; []; (c); Central Government/ State Government(s); -; -; -; -; -; []; []; []; []; []; (d); Venture consolidated and standalone, financial statements prepared in accordance with Indian GAAP. The Chairman of our Board is an Executive Director. Our Company has two executive directors and Capital Funds; -; -; -; -; -; []; []; []; []; []; (e); Insurance Companies; -; -; -; -; -; []; []; []; []; Some of the quantitative factors, which form the basis for computing the price, are as follows: eight non-executive Directors of which five are Independent Directors. []; (f); Foreign Institutional Investors; -; -; -; -; -; []; []; []; []; []; (g); Foreign Venture Capital 1.; Earning Per Share (of face value ` 10/- each); Period; Consolidated(` per Equity Share); Weight; Our Board Investors; -; -; -; -; -; []; []; []; []; []; (h); Any Other (specify); -; -; -; -; -; []; []; []; []; []; ; Standalone(` per Equity Share); Weight; 12 months ended March 31, 2009; 3.95; 1; 2.03; 1; 12 Our Board comprises of the following: Sub-Total (B)(1); -; -; -; -; -; []; []; []; []; []; (2); Non-institutions; -; -; -; -; -; []; []; []; []; []; months ended March 31, 2010; 10.51; 2; 7.22; 2; 12 months ended March 31, 2011; 4.44; 3; 3.96; Sr. No.; Name, Designation, Father’s name, Address, Nationality, Occupation and DIN; Age; Date of (a); Bodies Corporate; -; -; -; -; -; []; []; []; []; []; (b); Individuals –i.; Individual shareholders 3; Weighted Average EPS; 6.38; 4.73. Notes: 1. Earnings per share calculations are in accordance with Appointment as Director and Term; Details of other Directorships / partnerships / co-orporative societies holding nominal share capital up to ` 1 lakhs; -; -; -; -; -; []; []; []; []; []; ii.; Individual Accounting Standard 20 “Earning per Share” issued by the Institute of Chartered Accountants of / Association of Persons; 1.; Mr. Nagji K. RitaDesignation: Chairman and Managing DirectorFather’s shareholders holding nominal share capital in excess of ` 1 lakhs; 7; 15,11,110; 15,11,110; 10.79; India. 2. The face value of each Equity Share is ` 10. 3. On December 24, 2009 our Company has name: LateKeshavji Maya RitaResidential Address: Room No. 11, 3rd floor, Anand Kunj, Daftary 10.79; []; []; []; []; []; (c); Any Other (specify); -; -; -; -; -; -; -; -; -; -; ; Non-Resident Indians; -; allotted 70,00,000 Equity Shares as bonus (the “Bonus Issue”). The number of Equity Shares used Road, Malad (East), Mumbai 400 097Nationality: IndianOccupation: BusinessDIN: 00117052; 58; -; -; -; -; -; -; -; -; -; ; Directors & their Relatives; 17; 24,05,000; 24,05,000; 17.19; 17.19; 17; 24,05,000; for calculation of EPS for all the years/periods have been adjusted for the Bonus Issue in accordance Date of appointment: June 22, 1995Term: April 01, 2009 to March 31, 2014; Indian Companiesa.; 24,05,000; 11.45; 11.45; ; Sub-Total (B)(2); 24; 39,16,110; 39,16,110; 27.98; 27.98; [], []; []; []; []; with AS-20. 2. Price to Earnings Ratio (P/E) in Relation to Issue Price of ` [] per Equity Share of ‘`10/ Inventure Commodities Limited;b.; Inventure Finance Private Limited;c.; Inventure Wealth []; ; Total Public Shareholding (B)= (B)(1)+(B)(2); 24; 39,16,110; 39,16,110; 27.98; 27.98; []; []; []; []; - each. Sr. No.; Particular; PE Ratio as on Weighted Average EPS; PE Ratio as on March 31, 2011; ; Management Limited;d.; Inventure Insurance Broking Private Limited;e.; Ratnasagar Diamond []; ; TOTAL (A)+(B); 33; 1,40,00,000; 1,40,00,000; 100; 100; (C); Shares held by Custodians and against Consolidated; Standalone; Consolidated; Standalone; 1; Lower Price Band; []; []; []; []; 2; Mall Private Limited; andf.; Inventure Growth & Securities LimitedPartnership firmsa.; M/s. Shah which Depository Receipts have been issued; -; -; -; -; -; []; []; []; []; []; ; GRAND TOTAL Upper Price Band; []; []; []; []; 3; Industry P/E; a); Highest; 267.30; b); Lowest; 2.90; c) Industry and Rita Builders and DevelopersAssociation of Personsa.; Shree Vallabh Darshan; 2.; Mr. Virendra (A)+(B)+(C); 33; 1,40,00,000; 1,40,00,000; 100; 100; []; 2,10,00,000; 2,10,00,000; 100; 100; 17. The total Composite; 14.70 Source:Capital Markets, Volume XXVI/09 dated Jun 27- July 10, 2011(Industry- SinghDesignation: Whole-time DirectorFather’s name: Late Dudhnath SinghResidential Address: number of members of our Company as on the date of filing the Red Herring Prospectus is 33. 18. Finance and Investments).Data based on full year as reported in the edition. C/301, Abhishek, Datta Mandir Road, Malad (East), Mumbai 400 097 Nationality: IndianOccupation: Our Company has not raised any bridge loan against the proceeds of this Issue. 19. We presently do 3. Return on Net Worth as per restated audited financial statement is as follows:; Period; Consolidated ProfessionalDIN: 00656302; 54; Date of appointment: June 22, 1995Term: April 01, 2009 to March not have any intention or proposal to alter our capital structure for a period of six months from the (%); Standalone (%); Weight; 12 months ended March 31, 2009; 8.81; 4.80; 1; 12 months ended 31, 2014; Indian Companiesa.; Central Warehouse Corporation, a Government of India date of opening of this Issue, by way of split / consolidation of the denomination of Equity Shares March 31, 2010; 19.39; 14.91; 2; 12 months ended March 31, 2011; 7.72; 7.73; 3; Weighted Average undertaking;b.; Central Railside Warehouse Company, a Government of India undertaking;c.; or further issue of Equity Shares (including issue of securities convertible into exchangeable, directly RoNW; 11.79; 9.63. Net Worth is defined as share capital + reserves and surplus – miscellaneous Inventure Commodities Limited;d.; Inventure Wealth Management Limited; ande.; Inventure or indirectly, for our Equity Shares) whether preferential or otherwise, except that if we enter into expenditure Return on Net Worth has been calculated as per the following formula: (Net profit after Insurance Broking Private LimitedCo-orporative societiesf.; National Co-operative Consumers’ acquisition(s) or joint venture(s), we may consider additional capital to fund such activities or to use tax as restated/Net Worth at the end of the year or period) Fedration of India; andg.; National Agriculture Marketing Co-operative Fedrations.; 3.; Mr. Vinod K. Equity Shares as a currency for acquisition or participation in such joint ventures. 20. There shall be 4. Minimum Return on total Net Worth after the Issue required to maintain the Pre-Issue EPS for the Fiscal ShahDesignation: Non executive DirectorFather’s name: Mr. Kanji B. ShahResidential Address: only one denomination of Equity Shares, unless otherwise permitted by law. We shall comply with 2011: At the Floor Price – [] % and [] % Standalone and Consolidated audited financial statements Vijaya Bhuvan, 1st floor, Balaji Road, Vile-Parle (West), Mumbai 400 056Nationality: such disclosure and accounting norms as may be specified by SEBI from time to time. 21. An investor respectively. At the Cap Price - [] % and [] % based on Standalone and Consolidated audited IndianOccupation: BusinessDIN: 00143268; 53; Date of appointment: June 22, 1995Term: Liable cannot make a Bid for more than the number of Equity Shares offered through the Issue, subject to financial statements respectively. to retire by rotation; Indian Companiesa.; Inventure Wealth Management Limited;b.; Nirmal Poly the maximum limit of investment prescribed under relevant laws applicable to each category of 5. Net Asset Value (NAV) per Equity Share (of face value of `10 each); Particulars; ConsolidatedNAV (`); Plast Private Limited;c.; Bob-Berry Fashion Private Limited;d.; Euro Multi Vision Limited; ande.; investor. 22. Our Company has not revalued its assets since its incorporation. 23. Our Company has StandaloneNAV (`); NAV as on March 31, 2009; 89.70; 84.70; NAV as on March 31, 2010; 54.19; Inventure Insurance Broking Private Limited.Partnership Firmsf.; M/s. Ratan Poly Plast; g.; M/s. not issued any Equity Shares out of revaluation reserves or for consideration other than cash, except 48.41; NAV as on March 31, 2011; 57.47; 51.20; NAV after the Issue*; []; []; Issue Price; []; []. Parshawa Associates; andh.; M/s. Platinum Reality; 4.; Mr. Kanji B. RitaDesignation: Non Executive for the bonus issue made on December 24, 2009. 24. Our Company has not made any public issue Note:-[]would be calculated after discovery of issue through book building. NAV per equity share DirectorFather’s name: Mr. Bhachubhai B. RitaResidential Address: 1601, Laburnum Towers, since its incorporation. 25. The shares locked in by our Promoters are not pledged to any party. The has been calculated as networth divided by weighted average number of equity shares. Weighted Mahindra Gardens, S.V. Road, Goregaon (West), Mumbai 400062Nationality: IndianOccupation: Equity Shares held by our Promoter which are locked-in for a period of one year can be pledged only average number of equity shares has been computed as per AS 20. *The Issue Price of ` [ ] per BusinessDIN: 00727470; 44; Date of appointment: June 27, 1995Term: Liable to retire by rotation; with scheduled commercial banks or public financial institutions as collateral security for loans Equity Share has been determined on the basis of the demand from investors through the Book Indian Companiesa.; Inventure Finance Private Limited;b.; KR Shoppers Private Limited;c.; Keshvi granted by such banks or financial institutions, provided the pledge of shares is one of the terms of Building Process and is justified based on the above accounting ratios. 6. Comparison with Industry Developers Private Limited;d.; Kothari Builders Private Limited;e.; Ratnasagar Diamond Mall Private sanction of such loan. 26. Our Company does not have any employee stock option plan or scheme. Peers: The comparable ratios of the companies which are to some extent similar in business are given Limited;f.; Kenorita Collections Private Limited(Formely known as Vandana Collections Private 27. No payment, direct or indirect in the nature of discount, commission, and allowance or otherwise as follows: Limited);g.; Krushmi Developers Private Limited; andh.; Pioneer Securities Private Limited.; 5.; Mr. shall be made either by us or our Promoters or Directors to the persons who receive allotments, if Company; FaceValue; Net AssetValue (` Per Share); EPS(`); RoNW(%); P/E; Inventure Growth & Securities Pravin N. GalaDesignation: Non executive DirectorFather’s name: Mr. Nanji GalaResidential Address: any, in this Issue. 28. The Equity Shares which are subject to lock-in shall carry the inscription “non- Limited; 10; 57.47; 4.44; 7.72; []; Arihant Capital Market Limited; 10; 28.70; 4.99; 17.39; 5.60; 1502, Laburnum Tower, Mahindra Gardens, Goregaon (West), Mumbai 400062Nationality: transferable” and the non-transferability details shall be informed to the depositories. The details Geojit BNP Paribas Financial Services Limited; 1; 17.82; 1.28; 7.73; 18.87; Khandwala Securities IndianOccupation: BusinessDIN: 00786492; 46; Date of appointment: June 27, 1995Term: Liable of lock-in shall also be provided to the stock exchanges, where the shares are to be listed, before Limited; 10; 24.00; 0.40; (6.70); 51.90#; Emkay Global Financial Services Limited; 10; 60.85; 4.85; to retire by rotation; Indian Companiesa.; Nipra Financial Services Private Limited;b.; Anupam the listing of the securities. 29. Our Company does not have any ESOS/ESPS scheme for our 7.97; 9.10. Source:Capital Markets, Volume XXVI/09 dated Jun 27- July 10, 2011 (Industry-Finance Realties Private Limited;c.; Suyojana Impex Private Limited;d.; Euro Multi Vision Limited; ande.; employees and we do not intend to allot any shares to our employees under ESOS/ESPS scheme and Investments), Economic Times Newspaper Mumbai Edition dated July 05, 2011 and BSE Vantage Corporate Services Limited; 6.; Mr. Harshawardhan M. GajbhiyeDesignation: Independent from the proposed issue. As and when, options are granted to our employees under the ESOP Website: www.bseindia.com. Data based on full year as reported in the edition. DirectorFather’s name: Mr. Marotrao GajbhiyeResidential Address: A-1301, Patliputra, Four scheme, our Company shall comply with the SEBI (ICDR) Regulations. 30. Our Promoters and The face value of Equity Shares of Inventure Growth & Securities Limited is `10/- and the Issue Price is Bunglow, Andheri (West), Mumbai 400053Nationality: IndianOccupation: ProfessionalDIN: Promoter Groups will not participate in this Issue. 31. There has been no allotment of Equity Shares [] time of the Face Value.: The Issue Price of ` [] per Equity Share has been determined on the basis 02281778; 66; Date of appointment: July 29, 2008Term: Liable to retire by rotation; Indian that may be at a price lower than the Issue Price within the last 12 months from the date of filing of the demand from investors through Book Building Process and is justified based on the above Companiesa.; TRIF Real Estate & Development Private Limited;b.; TRIF Kochi Projects Private the Red Herring Prospectus. 32. The Company shall ensure that transactions in the Equity Shares factors. The face value of the Equity Shares is ` 10/- each. The Issue Price is 10 times the face value Limited;c.; Pune Solapur Expressways Private Limited;d.; Landscape Structures Private Limited;e.; by the Promoters and the Promoter Group between the date of registering the Red Herring Prospectus at the lower end of the price band and 11.7 times the face value at the higher end of the Price Band. Ardent Properties Private Limited; andf.; Gurgaon Infratech Private Limited; 7.; Mr. Srinivasaiyer with the RoC and the Bid/Issue Closing Date shall be reported to the Stock Exchanges within twenty- On the basis of the above parameters the Issue Price of ` [ ] per share is justified. JambunathanDesignation: Independent DirectorFather’s name: Mr. Srinivasa IyerResidential four hours of such transactions. 33. In respect of various agreements entered into by our Company Investors are requested to see section titled “Risk Factors” beginning on page numberxiv of the Red Address: 9, Prakash, Relief Road, Daulat Nagar, Santacruz (West), Mumbai 400054Nationality: with the lenders/bankers and sanction letters issued by our lenders to us, we are bound by certain Herring Prospectus and the auditedfinancials of the Company including important profitability and return IndianOccupation: ProfessionalDIN: 00063729; 73; Date of appointment: July 29, 2008Term: Liable

12 INVENTURE GROWTH & SECURITIES LIMITED IN THE NATURE OF ABRIDGED PROSPECTUS - MEMORANDUM CONTAINING SALIENT FEATURES OF THE RED HERRING PROSPECTUS (RHP) to retire by rotation; Foreign Companiesa.; Halios & Matheson, North America, New York.Indian Statement of profit and loss, as restated (Consolidated) Annexure - II DISCLAIMER CLAUSE OF SEBI Companiesb.; First Policy Insurance Brokers Private Limited;c.; Patel Engineering Company (` in Lakhs) “IT IS TO BE DISTINCTLY UNDERSTOOD THAT SUBMISSION OF DRAFT RED HERRING Limited;d.; Calyx Chemicals and Pharmaceuticals Limited; and; 8.; Mr. Arun N. JoshiDesignation: Particulars For the year ended 31st March PROSPECTUS TO THE SECURITIES AND EXCHANGE BOARD OF INDIA (SEBI) SHOULD NOT IN Independent DirectorFather’s name: Mr. Narayan K. JoshiResidential Address: 6, Manas, Besant ANY WAY BE DEEMED OR CONSTRUED THAT THE SAME HAS BEEN CLEARED OR APPROVED BY Street, Santacruz (West), Mumbai 400054Nationality: IndianOccupation: ProfessionalDIN: 02268407; 2011 2010 2009 2008 SEBI. SEBI DOES NOT TAKE ANY RESPONSIBILITY EITHER FOR THE FINANCIAL SOUNDNESS OF 69; Date of appointment: December 24, 2009Term: Liable to retire by rotation; NIL; 9.; Mr. Deepak Income ANY SCHEME OR THE PROJECT FOR WHICH THE ISSUE IS PROPOSED TO BE MADE OR FOR THE M. VaishnavDesignation: Independent DirectorFather’s name: Mr. Manikant N. VaishnavResidential Income from operations 3,116.43 3,925.50 2,422.48 3,803.40 CORRECTNESS OF THE STATEMENTS MADE OR OPINIONS EXPRESSED IN THE DRAFT RED Address: B/506, Vrindavan-3, Raheja Township, Malad (East) Mumbai 400097Nationality: Other income 1,018.63 701.21 413.42 918.10 HERRING PROSPECTUS. THE BOOK RUNNING LEAD MANAGER, INTENSIVE FISCAL SERVICES IndianOccupation: ProfessionalDIN: 02889935; 46; Date of appointment: December 24, 2009Term: Total income 4,135.06 4,626.71 2,835.90 4,721.50 PRIVATE LIMITED HAS CERTIFIED THAT THE DISCLOSURES MADE IN THE DRAFT RED HERRING Liable to retire by rotation; Inventure Finance Private Limited; 10.; Mr. Ajay KheraDesignation: PROSPECTUS ARE GENERALLY ADEQUATE AND ARE IN CONFORMITY WITH THE SEBI (ISSUE OF Independent DirectorFather’s name: Mr. Kanti Kumar KheraResidential Address: 41,Atur Apartment, Expenditure CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2009 IN FORCE FOR THE TIME Colaba, Mumbai 400005Nationality: IndianOccupation: ProfessionalDIN: 00695146; 55; Date of Personnel expenses 733.43 553.44 472.82 544.26 BEING. THIS REQUIREMENT IS TO FACILITATE INVESTORS TO TAKE AN INFORMED DECISION appointment: December 24, 2009Term: Liable to retire by rotation; Indian Companiesa.; Horizon Operating and other expenses 1,634.82 1,562.50 1,306.01 1,657.43 FOR MAKING INVESTMENT IN THE PROPOSED ISSUE. IT SHOULD ALSO BE CLEARLY Countrywide Logistics Limited;b.; Fastlane Distriparks and Logistics Limited; andc. Chiplun FTWZ Interest & other financial expenses 705.88 361.93 194.69 162.41 UNDERSTOOD THAT WHILE THE ISSUER IS PRIMARILY RESPONSIBLE FOR THE CORRECTNESS, Private Limited. (i) None of our Directors are relatives are “relatives” within the meaning of Section Depreciation 124.52 115.68 103.76 61.16 ADEQUACY AND DISCLOSURE OF ALL RELEVANT INFORMATION IN THE DRAFT RED HERRING 6 of the Companies Act. (ii) As on the date of the Red Herring Prospectus, there is no arrangement Total expenditure 3,198.65 2,593.55 2,077.28 2,425.26 PROSPECTUS, THE LEAD MERCHANT BANKER IS EXPECTED TO EXERCISE DUE DILIGENCE TO or understanding with major shareholders, customers, suppliers or others, pursuant to which any of Net profit before tax and extraordinary items 936.41 2,033.16 758.62 2,296.24 ENSURE THAT THE ISSUER DISCHARGES ITS RESPONSIBILITY ADEQUATELY IN THIS BEHALF our Directors was selected as a director or a member of our senior management. (iii) As on the date Provision for taxation AND TOWARDS THIS PURPOSE, THE BOOK RUNNING LEAD MANAGER, INTENSIVE FISCAL of the Red Herring Prospectus, there are no service contracts entered into by and between our  Income tax 320.30 546.87 176.25 613.36 SERVICES PRIVATE LIMITED HAS FURNISHED TO SEBI A DUE DILIGENCE CERTIFICATE DATED Directors and our Company whereby benefits would be provided upon termination of employment.  Deferred tax adjustments (2.78) 16.91 26.62 31.69 FEBRUARY 8, 2010 WHICH READS AS FOLLOWS: 1. WE HAVE EXAMINED VARIOUS DOCUMENTS Changes in our Board of Directors during the last three years; The following are the changes in our  Fringe benefit tax - - 5.04 4.60 INCLUDING THOSE RELATING TO LITIGATION LIKE COMMERCIAL DISPUTES, PATENT DISPUTES, Board of Directors during the last three years:; Name and Designation of the Director; Date of Appointment; Net profit after tax & before extraordinary items 618.89 1,469.38 550.71 1,646.59 DISPUTES WITH COLLABORATORS, ETC. AND OTHER MATERIAL IN CONNECTION WITH THE Date of Resignation; Reasons; Mr. Arun N. Joshi, Independent Director; July 29, 2008; Appointment; Extraordinary items - - - - FINALISATION OF THE DRAFT RED HERRING PROSPECTUS PERTAINING TO THE SAID ISSUE; 2. Mr. Harshawardhan M. Gajbhiye, Independent Director; July 29, 2008; Appointment; Mr. Srinivasaiyer ON THE BASIS OF SUCH EXAMINATION AND THE DISCUSSIONS WITH THE ISSUER, ITS DIRECTORS Jambunathan, Independent Director; July 29, 2008; Appointment; Mr. Nagji K. Rita, Chairman and Net profit after extraordinary items and before AND OTHER OFFICERS, OTHER AGENCIES, AND INDEPENDENT VERIFICATION OF THE Managing Director; April 01, 2009; Re-appointment; Mr. Virendra Singh, Whole-time Director; April minority interest 618.89 1,469.38 550.71 1,646.59 STATEMENTS CONCERNING THE OBJECTS OF THE ISSUE, PRICE JUSTIFICATION AND THE 01, 2009; Re-appointment; Mr. Arun N. Joshi, Independent Director; May 20, 2009; Cessation; Mr. Less: Share of minority interest for the year (2.34) (1.89) (2.64) - CONTENTS OF THE DOCUMENTS AND OTHER PAPERS FURNISHED BY THE ISSUER, WE CONFIRM Kanji B. Rita, Non executive Director; June 01, 2009; Change in Designation from Whole-time Net profit after minority interest 621.23 1,471.27 553.35 1,646.59 THAT: a. THE DRAFT RED HERRING PROSPECTUS FILED WITH THE BOARD IS IN CONFORMITY Director to Non executive Director; Mr. Vinod K. Shah, Non executive Director; September 30, 2009; Balance in profit & loss account WITH THE DOCUMENTS, MATERIALS AND PAPERS RELEVANT TO THE ISSUE; b. ALL THE LEGAL -; Appointment; Mr. Pravin N. Gala, Non executive Director; September 30, 2009; -; Appointment; brought forward 747.60 479.59 98.22 186.30 REQUIREMENTS RELATING TO THE ISSUE AS ALSO THE REGULATIONS GUIDELINES, Mr. Arun N. Joshi, Independent Director; December 24, 2009; -; Appointment; Mr. Deepak M. Add: adjustment arising on consolidation - - 11.92 - INSTRUCTIONS, ETC. FRAMED/ISSUED BY THE BOARD, THE CENTRAL GOVERNMENT AND ANY Vaishnav, Independent Director; December 24, 2009; -; Appointment; Mr. Ajay Khera, Independent Adjusted balance brought forward 747.60 479.59 110.14 186.30 OTHER COMPETENT AUTHORITY IN THIS BEHALF HAVE BEEN DULY COMPLIED WITH; AND Director; December 24, 2009; -; Appointment; For further details, please refer to the RHP. (after adjustment arising on consolidation) c. THE DISCLOSURES MADE IN THE DRAFT RED HERRING PROSPECTUS ARE TRUE, FAIR AND OUR PROMOTERS AND THEIR BACKGROUND Balance available for appropriations 1,368.83 1,950.86 663.49 1,832.89 ADEQUATE TO ENABLE THE INVESTORS TO MAKE A WELL INFORMED DECISION AS TO THE Our Company has been promoted by Mr. Nagji K. Rita and Ms. Jayshree N. Rita. Appropriations INVESTMENT IN THE PROPOSED ISSUE AND SUCH DISCLOSURES ARE IN ACCORDANCE WITH Details of our Promoters are as under: Mr. Nagji K. Rita, 58 years, is the Executive Chairman and Managing Proposed dividend on equity shares 140.00 140.00 70.00 181.05 THE REQUIREMENTS OF THE COMPANIES ACT, 1956, THE SECURITIES AND EXCHANGE BOARD Director of our Company. Mr. Nagji K. Rita was one of the subscribers to the Memorandum of Dividend distribution tax on equity dividend 22.71 23.26 11.90 30.77 OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2009 AND Association of our Company. He is a Bachelor of Commerce from the University of Mumbai. He OTHER APPLICABLE LEGAL REQUIREMENTS. 3. WE CONFIRM THAT BESIDES OURSELVES, ALL started his career by managing a grocery store, his family business. It is during this period that he Transfer to general reserve 300.00 1,000.00 100.00 1,500.00 THE INTERMEDIARIES NAMED IN THE DRAFT RED HERRING PROSPECTUS ARE REGISTERED Transfer to Statutory Reserve : became a member of the Retail Grains Dealers Federation and was elected as the Honorary Secretary  WITH THE BOARD AND THAT TILL DATE SUCH REGISTRATION IS VALID. 4. WE SHALL SATISFY in the year 1980. He went on to become the President of the Retail Grains Dealers Federation in In respect of current year’s profit 5 . 5 0 40.00 2.00 15.00 OURSELVES ABOUT THE CAPABILITY OF THE UNDERWRITERS TO FULFIL THEIR UNDERWRITING the year 1981. He has rendered his services to the Public Distribution Services of the Government  In respect of earlier years profits - - - 7.85 COMMITMENTS. 5. WE CERTIFY THAT WRITTEN CONSENT FROM THE PROMOTERS HAVE BEEN of Maharashtra and he further went on to become a member of the Vigilance Committee – Rationing Balance in profit and loss account, OBTAINED FOR INCLUSION OF HIS SPECIFIED SECURITIES AS PART OF PROMOTERS’ Department, Mumbai. He was appointed as special executive magistrate by the Government of as restated 900.62 747.60 479.59 98.22 CONTRIBUTION SUBJECT TO LOCK-IN AND THE SPECIFIED SECURITIES PROPOSED TO FORM Maharashtra in the year 1980 and was re-appointed in the years 1988 and 1996. His vast experience Total 1,368.83 1,950.86 663.49 1,832.89 PART OF PROMOTERS’ CONTRIBUTION SUBJECT TO LOCK-IN SHALL NOT BE DISPOSED / SOLD also includes running and managing a departmental store of custom notified consumer durable Note: The above statement should be read with significant accounting policies, notes on adjustments / TRANSFERRED BY THE PROMOTERS DURING THE PERIOD STARTING FROM THE DATE OF goods by the name Oswal Consumer Co-operative Society for the period 1982 to 1990. In the year and notes to accounts to the consolidated financial statements, as restated as per Annexure IV. FILING THE DRAFT RED HERRING PROSPECTUS WITH THE BOARD TILL THE DATE OF 1991 he joined Mr. Arvind M. Shah, a member of BSE, as a sub-broker and trader. Capitalising on MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITIONS AND RESULTS OF COMMENCEMENT OF LOCK-IN PERIOD AS STATED IN THE DRAFT RED HERRING PROSPECTUS. his experience and knowledge gained as a sub–broker he incorporated our Company in the year OPERATIONS : For details, please refer to the RHP. 6. WE CERTIFY THAT REGULATION 33 OF THE SECURITIES AND EXCHANGE BOARD OF INDIA 1995. Under his guidance our Company has expanded from being a BSE broker to a full service FINANCIAL INDEBTEDNESS : For details, please refer to the RHP. (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2009, WHICH RELATES brokerage house. He has been involved in the capital markets for approximately twenty years and LEGAL AND OTHER INFORMATION TO SPECIFIED SECURITIES INELIGIBLE FOR COMPUTATION OF PROMOTERS CONTRIBUTION, has also held the post of director of the Governing Board of the Bombay Stock Exchange Limited OUTSTANDING LITIGATION AND MATERIAL DEVELOPMENTS : For details, please refer to the HAS BEEN DULY COMPLIED WITH AND APPROPRIATE DISCLOSURES AS TO COMPLIANCE WITH for the period 2004 to 2006. He plays an active role in developing the corporate relationships of our RHP. THE SAID REGULATION HAVE BEEN MADE IN THE DRAFT RED HERRING PROSPECTUS. 7. WE Company. He further plays a vital role in various operations and working of our Company.He has GOVERNMENT AND OTHER APPROVALS : For details, please refer to the RHP. UNDERTAKE THAT SUB-REGULATION (4) OF REGULATION 32 AND CLAUSE (C) AND (D) OF SUB- been:· Awarded the ‘Stock Market Award’ on behalf of the Company by Bruhad Mumbai Gujarati OTHER REGULATORY AND STATUTORY DISCLOSURES REGULATION (2) OF REGULATION 8 OF THE SECURITIES AND EXCHANGE BOARD OF INDIA Samaj for his exceptional achievement in the field of Stock Market in the year 2009; Felicitated (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2009 SHALL BE COMPLIED by Commissioner of Police for supporting the Mumbai Police in maintaining peace, order, communal Authority for this Issue: Our Board has, pursuant to a resolution passed at its meeting held on October WITH. WE CONFIRM THAT ARRANGEMENTS HAVE BEEN MADE TO ENSURE THAT PROMOTERS’ 16, 2009 authorised this Issue, subject to the approval of our shareholders under Section 81 (1A) harmony and unity in the year 2008; Awarded ‘Sanman Patra’ by Sanskar Sarjan Education Trust of the Companies Act. Our shareholders have authorised this Issue by a special resolution adopted CONTRIBUTION SHALL BE RECEIVED AT LEAST ONE DAY BEFORE THE OPENING OF THE ISSUE. in the year 2004; Awarded ‘Best Corporate Services Award’ by Kutch Shakti in the year 2004 for pursuant to Section 81 (1A) of the Companies Act, passed at the Extraordinary General Meeting held WE UNDERTAKE THAT AUDITORS’ CERTIFICATE TO THIS EFFECT SHALL BE DULY SUBMITTED his exceptional achievements in the field of Corporate Services; Awarded Gujarat’s Gaurav Award TO THE BOARD. WE FURTHER CONFIRM THAT ARRANGEMENTS HAVE BEEN MADE TO ENSURE on December 21, 2009. Our Company has also obtained all the necessary contractual approvals by Divya Bhaskar in the year 2010; and Awarded ‘Swarnim Maharashtra Award – 2011’ by Bruhad required for this Issue. For further details, please refer to the chapter titled ‘Government and Statutory THAT PROMOTERS’ CONTRIBUTION SHALL BE KEPT IN AN ESCROW ACCOUNT WITH A Mumbai Gujarat Samaj in the year 2011.Mr. Rita is also involved with several non-governmental Approvals’ beginning on page number 266 of the Red Herring Prospectus. SCHEDULED COMMERCIAL BANK AND SHALL BE RELEASED TO THE ISSUER ALONG WITH THE organizations for the promotion of social and humanitarian activities.Mr. Rita currently resides at Prohibition by SEBI: Our Company, Directors, Subsidiaries, Promoters, Promoter Group, Group PROCEEDS OF THE PUBLIC ISSUE - NOT APPLICABLE. 8. WE CERTIFY THAT THE PROPOSED Room no. 11, 3rd floor, Anand Kunj, Daftary Road, Malad (East), Mumbai – 400 097, Maharashtra Companies, or persons in control of our Company confirms that they have not been prohibited from ACTIVITIES OF THE ISSUER FOR WHICH THE FUNDS ARE BEING RAISED IN THE PRESENT ISSUE Driving License No.: 5/2968.Voter ID No.: MT/04/024/258872. Ms. Jayshree N. Rita, 58 years, is a accessing or operating in the capital markets or restrained from buying, selling or dealing in securities FALL WITHIN THE ‘MAIN OBJECTS’ LISTED IN THE OBJECT CLAUSE OF THE MEMORANDUM OF Promoter of our Company. Ms. Jayshree N. Rita is the wife of Mr. Nagji K. Rita. She is a non under any order or direction passed by SEBI. None of our Promoters, Directors or persons in control ASSOCIATION OR OTHER CHARTER OF THE ISSUER AND THAT THE ACTIVITIES WHICH HAVE matriculate and is involved in various social activities. She does not have experience in our Company’s of our Company was or is a promoter, directors or person in control of any other company which is BEEN CARRIED OUT UNTIL NOW ARE VALID IN TERMS OF THE OBJECT CLAUSE OF ITS current line of business. Ms. Rita currently resides at Room no. 11, 3rd floor, Anand Kunj, Daftary debarred from accessing the capital market under any order or directions made by SEBI. MEMORANDUM OF ASSOCIATION. 9. WE CONFIRM THAT NECESSARY ARRANGEMENTS HAVE Road, Malad (East), Mumbai – 400 097, MaharastraDriving License No.: Not applied forVoter ID No.: Prohibition by RBI BEEN MADE TO ENSURE THAT THE MONEYS RECEIVED PURSUANT TO THE ISSUE ARE KEPT IN ITD2384964 Our Company, Directors, Subsidiaries, Promoters, Promoter Group and the companies with which A SEPARATE BANK ACCOUNT AS PER THE PROVISIONS OF SUB-SECTION (3) OF SECTION 73 OF OUR PROMOTER GROUP AND GROUP ENTITIES : For details, please refer to the RHP. our Directors are associated as directors or promoters have not been declared as wilful defaulters by THE COMPANIES ACT, 1956 AND THAT SUCH MONEYS SHALL BE RELEASED BY THE SAID BANK DIVIDEND POLICY : For details, please refer to the RHP. the RBI or any other governmental authority and there has been no violation of any securities law ONLY AFTER PERMISSION IS OBTAINED FROM ALL THE STOCK EXCHANGES MENTIONED IN THE FINANCIAL INFORMATION committed by any of them in the past and no such proceedings are currently pending against any PROSPECTUS. WE FURTHER CONFIRM THAT THE AGREEMENT ENTERED INTO BETWEEN THE Statement of assets and liabilities, as restated (Consolidated) Annexure - I of them. BANKERS TO THE ISSUE AND THE ISSUER SPECIFICALLY CONTAINS THIS CONDITION. 10. WE (` in Lakhs) CERTIFY THAT A DISCLOSURE HAS BEEN MADE IN THE DRAFT RED HERRING PROSPECTUS ELIGIBILITY FOR THIS ISSUE: Our Company is an “Unlisted Issuer” in terms of the SEBI (ICDR) THAT THE INVESTORS SHALL BE GIVEN AN OPTION TO GET THE SHARES IN DEMAT OR PHYSICAL Particulars As at 31st March Regulations; and this Issue is an “Initial Public Offer” in terms of the SEBI (ICDR) Regulations. MODE - NOT APPLICABLE AS THE ISSUE SIZE IS MORE THAN RS. 1000 LAKHS, HENCE UNDER 2011 2010 2009 2008 Our Company is eligible for the Issue in accordance with Regulation 26 (1) of the SEBI (ICDR) Regulations as explained below: 1. The Company has net tangible assets of at least ` 3 crores in SECTION 68B OF THE COMPANIES ACT, THE ALLOTMENT WILL BE MADE ONLY IN DEMAT FORM. A . Fixed assets each of the preceding 3 full years (of 12 months each), of which not more than 50% is held in 11. WE CERTIFY THAT ALL THE APPLICABLE DISCLOSURES MANDATED IN THE SECURITIES AND Gross block 2,042.12 1,961.29 1,803.25 1,605.33 EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) monetary assets: Provided that if more than fifty per cent of the net tangible assets are held in REGULATIONS, 2009 HAVE BEEN MADE IN ADDITION TO DISCLOSURES WHICH, IN OUR VIEW, Less: accumulated depreciation 676.02 551.50 436.80 328.33 monetary assets, the Issuer has made firm commitments to utilise such excess monetary assets in ARE FAIR AND ADEQUATE TO ENABLE THE INVESTOR TO MAKE A WELL INFORMED DECISION. Net block 1,366.10 1,409.79 1,366.45 1,277.00 its business or project; 2. The company has a track record of distributable profits in terms of Section 12. WE CERTIFY THAT THE FOLLOWING DISCLOSURES HAVE BEEN MADE IN THE DRAFT RED Capital work-in-progress - - - 54.99 205 of the Companies Act, 1956, for at least three (3) out of immediately preceding five (5) years; HERRING PROSPECTUS: a. AN UNDERTAKING FROM THE ISSUER THAT AT ANY GIVEN TIME, Total 1,366.10 1,409.79 1,366.45 1,331.99 Provided further that extraordinary items shall not be considered for calculating distributable profits THERE SHALL BE ONLY ONE DENOMINATION FOR THE EQUITY SHARES OF THE ISSUER AND b. B . Goodwill on consolidation 150.08 150.08 150.08 23.81 in terms of Section 205 of Companies Act, 1956; 3. The Company has a net worth of at least ` 1 crore AN UNDERTAKING FROM THE ISSUER THAT IT SHALL COMPLY WITH SUCH DISCLOSURE AND C . Investments 1,588.83 1,143.93 1,450.25 1,108.54 in each of the preceding three full years (of twelve months each) 4. The aggregate of the proposed ACCOUNTING NORMS SPECIFIED BY THE BOARD FROM TIME TO TIME. 13. WE UNDERTAKE TO issue and all previous issues made in the same financial year in terms of issue size does not exceed COMPLY WITH THE REGULATIONS PERTAINING TO ADVERTISEMENT IN TERMS OF THE SECURITIES D . Current assets, loans and advances five times its pre-issue net worth as per the audited balance sheet of the preceding financial year; Stock-in-trade 14.93 0.96 3.20 4.44 AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) and 5. In case the company has changed its name within the last one year, at least 50% of the REGULATIONS, 2009 WHILE MAKING THE ISSUE. 14. WE ENCLOSE A NOTE EXPLAINING HOW THE Sundry debtors 6,444.93 4,703.42 4,787.68 3,583.31 revenue for the preceding 1 full year is earned by the company from the activity suggested by the new PROCESS OF DUE DILIGENCE HAS BEEN EXERCISED BY US IN VIEW OF THE NATURE OF CURRENT Cash and bank balances 6,662.45 6,651.84 3,525.50 5,276.82 name. In terms of a certificate issued by our Auditors, M/s. PHD & Associates, Chartered Accountants, BUSINESS BACKGROUND OR THE ISSUER, SITUATION AT WHICH THE PROPOSED BUSINESS Loans and advances 5,112.09 3,322.80 1,930.53 580.26 dated July 6, 2011 the Company satisfies the above eligibility criteria as detailed below: STANDS, THE RISK FACTORS, PROMOTERS EXPERIENCE, ETC. 15. WE ENCLOSE A CHECKLIST Total 18,234.40 14,679.02 10,246.91 9,444.83 (`in lakhs) Particulars; March 31, 2011; March 31, 2010; March 31, 2009; March 31, 2007; March 31, 2008 ; Net CONFIRMING REGULATION-WISE COMPLIANCE WITH THE APPLICABLE PROVISIONS OF THE E. Total Assets (A+B+C+D) 21,339.41 17,382.82 13,213.69 11,909.17 Tangible Assets (1); 7117.22; 6700.72; 5883.15; 5682.00; 4092.41; Monetary Assets (2); 71.01; SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE 822.28; 276.61; 1015.00; 1550.65; Monetary Assets as a Percentage of Net Tangible Assets(%); REQUIREMENTS) REGULATIONS, 2009, CONTAINING DETAILS SUCH AS THE REGULATION F. Liabilities and provisions 1.00; 12.27; 4.70; 17.86; 37.89; Net Profits as restated; 553.89; 1010.35; 284.50; 1645.97; 1105.22; Share application money pending NUMBER, ITS TEXT, THE STATUS OF COMPLIANCE, PAGE NUMBER OF THE DRAFT RED HERRING Net worth as restated; 7168.36; 6777.18; 5928.74; 5726.14; 4152.00; Distributable profits (3); PROSPECTUS WHERE THE REGULATION HAS BEEN COMPLIED WITH AND OUR COMMENTS, IF allotment - - - 311.62 553.89; 1010.35; 273.56; 1633.53; 1,093.20 Minority interest 6 . 1 9 8 . 5 3 10.42 - ANY. THE FILING OF THE DRAFT RED HERRING PROSPECTUS DOES NOT, HOWEVER, ABSOLVE Notes: 1. Net tangible assets is defined as the sum of all fixed assets (including capital work in THE ISSUER FROM ANY LIABILITIES UNDER SECTION 63 OR SECTION 68 OF THE COMPANIES ACT, Loan funds progress) excluding ‘intangible assets’, as defined in accounting standard 26 issued by the Institute 1956 OR FROM THE REQUIREMENT OF OBTAINING SUCH STATUTORY OR OTHER CLEARANCES Secured loans 4,315.56 1,886.35 916.19 812.65 of Chartered Accountants of India) investments, current assets less; current liabilities / provisions, AS MAY BE REQUIRED FOR THE PURPOSE OF THE PROPOSED ISSUE. SEBI FURTHER RESERVES Unsecured loans 149.00 175.00 21.00 109.00 all loans and other liablities. 2. Monetary Assets include cash in hand, bank balances (excluding THE RIGHT TO TAKE UP, AT ANY POINT OF TIME, WITH THE BOOK RUNNING LEAD MANAGER Deferred tax liability (net) 116.65 119.42 102.51 74.46 fixed deposit pledged with banks/exchanges for the purpose of the business) and liquid investments. ANY IRREGULARITIES OR LAPSES IN DRAFT RED HERRING PROSPECTUS.” Current liabilities and provisions 3. The Distributable profits of the Company is as per Section 205 of the Companies Act, 1956 and All legal requirements pertaining to this Issue will be complied with at the time of filing of the Draft Red has been calculated from the audited financial statements of the respective year before making Current liabilities 8,507.99 7,422.14 5,782.08 4,663.36 Herring Prospectus with the Registrar of Companies, Mumbai at Maharashtra, in terms of Section 56, adjustments for restatement of financial statements. 4. Net worth has been defined as aggregate of Section 60 and Section 60(B) of the Companies Act. Provisions 198.47 184.36 102.47 223.54 equity share capital and reserves, after deducting miscellaneous expenditures. 5. The Company has Total 13,293.86 9,795.80 6,934.67 6,194.63 Disclaimer Statement from our Company and the BRLM: Our Company, our Directors and the BRLM not made any public issue of its equity shares till date. Hence, our Company is eligible for this Issue accept no responsibility for statements made otherwise than in the Red Herring Prospectus or in the G. Net worth (E-F) 8,045.55 7,587.02 6,279.02 5,714.54 under sub-regulation (1) of Regulation 26 of the SEBI (ICDR) Regulations. Further, in addition to advertisements or any other material issued by or at instance of our Company and anyone placing Represented by: the conditions enumerated in sub-regulation (1) of Regulation 26 of the SEBI (ICDR) Regulations; reliance on any other source of information, including our website, www.inventuregrowth.com, Shareholders’ funds our Company, in accordance with sub-regulation (4) of Regulation 26 of the SEBI (ICDR) Regulations, would be doing so at his or her own risk. The BRLM accepts no responsibility, save to the limited Share capital 1,400.00 1,400.00 700.00 700.00 undertakes that the number of allottees in this Issue shall be at least one thousand (1,000) in extent as provided in the Underwriting Agreement to be entered into between the Underwriters and Reserves and surplus 6,645.55 6,187.02 5,579.02 5,014.54 number; failing which the entire application money shall be refunded forthwith. In case of delay, if our Company and the Memorandum of Understanding between the BRLM and our Company. Our Total Networth 8,045.55 7,587.02 6,279.02 5,714.54 any, in refund of application money, our Company shall pay interest on the application money at Company and the BRLM shall make all information available to the public and investors at large the rate of 15% per annum for the period of delay beyond fifteen days from the date of closure of and no selective or additional information would be available for a section of the investors in any Note: The above statement should be read with significant accounting policies, notes on adjustments the Issue. For a complete explanation of the above figures, please refer to Section titled ‘Financial manner whatsoever including at road show presentations, in research or sales reports or at bidding and notes to accounts to the consolidated financial statements, as restated as per Annexure IV. Information’ beginning on page number 165 of the Red Herring Prospectus.

INVENTURE GROWTH & SECURITIES LIMITED 13 IN THE NATURE OF ABRIDGED PROSPECTUS - MEMORANDUM CONTAINING SALIENT FEATURES OF THE RED HERRING PROSPECTUS (RHP) centers, etc. Neither our Company nor the Syndicate is liable to the Bidders for any failure in of the Red Herring Prospectus with the RoC as required under Sections 60 and Section 60B of the of financing any project but included funding of capital expenditure, investment in, a subsidiary and downloading the Bids due to faults in any software/hardware system or otherwise. Companies Act and such consents have not been withdrawn up to the time of filing of the Red financing the acquisition of Inventure Finance Private Limited, formerly know as Mahajay Investment Caution: Investors that bid in this Issue will be required to confirm and will be deemed to have represented Herring Prospectus with SEBI. In accordance with the Companies Act and SEBI Regualtions, M/s. Private Limited. to our Company and the Underwriters and their respective directors, officers, agents, affiliates and PHD & Associates, our statutory auditors, have given their written consent to the inclusion of their Previous issue of shares otherwise than for cash: Except as stated in Notes to the chapter titled ‘Capital representatives that they are eligible under all applicable laws, rules, regulations, guidelines and approvals report in the form and context in which it appears in the Red Herring Prospectus and such consent Structure’ beginning on page number 52 of the Red Herring Prospectus, we have not issued any to acquire Equity Shares and will not offer, sell, pledge or transfer the Equity Shares to any person who and report has not been withdrawn up to the time of filing of the Red Herring Prospectus with SEBI. Equity Shares for consideration other than for cash. is not eligible under applicable laws, rules, regulations, guidelines and approvals to acquire Equity M/s. PHD & Associates, our statutory auditors, have given their written consent to the report on Commission and Brokerage on Previous Issues: Since this is the initial public offer of the Equity Shares. Our Company and the BRLM and their respective directors, officers, agents, affiliates and possible tax benefits accruing to our Company and its members in the form and context in which it Shares by our Company, no sum has been paid or has been payable as commission or brokerage representatives accept no responsibility or liability for advising any investor on whether such investor is appears in the Red Herring Prospectus and has not withdrawn such consent up to the time of filing for subscribing to or procuring or agreeing to procure subscription for any of our Equity Shares since eligible to acquire Equity Shares. of the Red Herring Prospectus with SEBI. our inception. Disclaimer in Respect of Jurisdiction: This Issue is being made in India to persons resident in India Expert Opinion: We have not obtained any expert opinions except for the IPO Grading Report of Fitch Promise versus performance for our Company: Our Company is an “Unlisted Issuer” in terms of the SEBI (including Indian nationals resident in India who are not minors, HUFs, companies, corporate Ratings India Private Limited dated September 8, 2010, for which we have received their consent (ICDR) Regulations, and this Issue is an “Initial Public Offering” in terms of the SEBI (ICDR) bodies and societies registered under the applicable laws in India and authorised to invest in shares, vide letter dated February 5, 2010 to be named in the Red Herring Prospectus as an “expert” with Regulations. Therefore, data regarding promise versus performance is not applicable to us. Indian Mutual Funds registered with SEBI, Indian financial institutions, commercial banks, regional respect to the IPO Grading only. Such consent and report will not be withdrawn upto the time of filing Promise versus Performance – Previous Issues of Group Entities.: None of our Group Entities have made rural banks, co-operative banks (subject to RBI permission), or trusts under applicable trust law and of the Red Herring Prospectus with SEBI. any public issues in the past. who are authorised under their constitution to hold and invest in shares, public financial institutions Undertaking from our Promoters and Directors: Our Company accepts full responsibility for the accuracy Outstanding debentures, bonds, redeemable preference shares and other instruments issued by our as specified in Section 4A of the Companies Act, VCFs, state industrial development corporations, of information given in the Red Herring Prospectus and confirms that to best of our knowledge and Company: As on the date of filing the Red Herring Prospectus with SEBI, our Company has no insurance companies registered with Insurance Regulatory and Development Authority, provident belief, there are no other facts, their omission of which makes any statement in the Red Herring outstanding debentures, bonds or redeemable preference shares. funds (subject to applicable law) with minimum corpus of ` 250 million, pension funds with minimum Prospectus misleading and we further confirm that we have made all reasonable inquiries to ascertain Option to Subscribe: Equity Shares being offered through the Red Herring Prospectus can be applied corpus of ` 250 million and the National Investment Fund, and permitted non-residents including such facts. Our Company further declares that the Stock Exchanges to which an application for for in dematerialized form only. FIIs, Eligible NRIs, multilateral and bilateral development financial institutions, FVCIs and eligible official quotation is proposed to be made do not take any responsibility for the financial soundness of the Issue or for the price at which the Equity Shares are offered or for the correctness of the Stock Market Data for our Equity Shares: Our Company is an “Unlisted Issuer” in terms of the SEBI foreign investors, provided that they are eligible under all applicable laws and regulations to hold (ICDR) Regulations, and this Issue is an “Initial Public Offering” in terms of the SEBI (ICDR) Equity Shares of the Company. The Red Herring Prospectus does not, however, constitute an statement made or opinions expressed in the Red Herring Prospectus. Our Promoters/Directors declare and confirm that no information/material likely to have a bearing on the decision of the Regulations. Thus there is no stock market data available for the Equity Shares of our Company. invitation to purchase shares offered hereby in any jurisdiction other than India to any person to Mechanism for Redressal of Investor Grievances: The Memorandum of Understanding between the whom it is unlawful to make an offer or invitation in such jurisdiction. Any person into whose investors in respect of the Equity Shares offered in terms of the Red Herring Prospectus has been possession the Red Herring Prospectus comes is required to inform himself or herself about, and to suppressed, withheld and/or incorporated in the manner that would amount to misstatement, Registrar and us will provide for retention of records with the Registrar for a period of at least one observe, any such restrictions. Any dispute arising out of this Issue will be subject to the jurisdiction misrepresentation and in the event of its transpiring at any point of time till allotment/refund, as the year from the last date of dispatch of the letters of allotment, DEMAT credit and refund orders to of appropriate court(s) in Mumbai only. No action has been, or will be, taken to permit a public case may be, that any information/material has been suppressed/withheld and/or amounts to a enable the investors to approach the Registrar to this Issue for redressal of their grievances. All offering in any jurisdiction where action would be required for that purpose, except that the Red misstatement/misrepresentation, our Promoters/Directors undertake to refund the entire application grievances relating to this Issue may be addressed to the Registrar with a copy to the Company Herring Prospectus has been filed with SEBI for its observations and SEBI shall give its observations monies to all the subscribers within 7 days thereafter without prejudice to the provisions of Section Secretary and Compliance Officer, giving full details such as the name, address of the applicant, in due course. Accordingly, the Equity Shares represented hereby may not be offered or sold, directly 63 of the Companies Act. number of Equity Shares applied for, amount paid on application and the bank branch or collection or indirectly, and the Red Herring Prospectus may not be distributed, in any jurisdiction, except in Expenses of the Issue: The expenses of this Issue include, among others, underwriting and management center where the application was submitted. All grievances relating to the ASBA process may be accordance with the legal requirements applicable in such jurisdiction. Neither the delivery of the fees, selling commission, printing and distribution expenses, legal fees, statutory advertisement addressed to the SCSB, giving full details such as name, address of the applicant, number of Equity Red Herring Prospectus nor any sale hereunder shall, under any circumstances, create any implication expenses and listing fees. The total expenses of the Issue are estimated to be approximately ` [ ] Shares applied for, amount paid on application and the Designated Branch or the collection centre that there has been no change in the affairs of our Company since the date hereof or that the lakhs. The estimated Issue Expenses are as follows: (‘`In lakhs) of the SCSB where the Bid cum Application Form was submitted by the ASBA Bidders. information contained herein is correct as of any time subsequent to this date. Activity; Estimated expenses; As a percentage of the total estimated Issue expenses; As a percentage of the Disposal of Investor Grievances by our Company: Our Company or the Registrar to the Issue or the The Equity Shares have not been and will not be registered under the U.S. Securities Act 1933, as amended total Issue size; Fees payable to the Book Running Lead Managers*; []; []; []; Advertising and SCSB in case of ASBA Bidders shall redress routine investor grievances. We estimate that the (the “Securities Act”) or any state securities laws in the United States and may not be offered or sold within marketing expenses; []; []; []; Fees payable to the Registrar to the Issue; Fees payable to the average time required by us or the Registrar to this Issue for the redressal of routine investor the United States or to, or for the account or benefit of, “U.S. persons” (as defined in Regulation S of the Bankers to the Issue; Underwriting commission, brokerage and selling commission; []; []; []; grievances will be 15 days from the date of receipt of the complaint. In case of non-routine complaints Securities Act), except pursuant to an exemption from, or in a transaction not subject to, the registration SCSB commission; []; []; []; IPO Grading expense; []; []; []; Others (legal fees, listing fees, and complaints where external agencies are involved, we will seek to redress these complaints as requirements of the Securities Act.: The Equity Shares have not been, and will not be, registered, listed monitoring agency fees, printing and stationery expenses etc.); []; []; []; Total estimated Issue expeditiously as possible. We have constituted the Shareholders’ / Investors’ Grievance Committee or otherwise qualified in any other jurisdiction outside India and may not be offered or sold, and Bids expenses; []; []; []; *Will be incorporated at the time of filing of the Prospectus.; All expenses vide resolution passed at the Board Meeting held on December 24, 2009. The composition of the may not be made by persons in any such jurisdiction, except in compliance with the applicable laws of with respect to this Issue will be borne by our Company. Shareholders’ / Investors’ Grievance, Share Allotment and Share Transfer Committee is as follows: such jurisdiction.: Further, each Bidder where required agrees that such Bidder will not sell or Details of Fees Payable Name of the Director; Designation in the Committee; Nature of Directorship; Mr. Nagji K Rita; Member; transfer any Equity Shares or create any economic interest therein, including any off-shore derivative Fees Payable to the Book Running Lead Manager: The total fees payable to the Book Running Lead Chairman and Managing Director; Mr. Ajay Khera; Chairman; Independent Director; Mr. Arun N. instruments, such as participatory notes, issued against the Equity Shares or any similar security, Manager will be as per the Engagement Letter dated October 16, 2009 and as stated in the Joshi; Member; Independent Director For further details, please refer to the para titled Shareholders/ other than pursuant to an exemption from, or in a transaction not subject to, the registration requirements Memorandum of Understanding executed between our Company and BRLM dated December 21, Investors Grievance Committee’ on page number 152 of the chapter titled ‘Our Management’ of the Securities Act and in compliance with applicable laws and legislations in each jurisdiction, 2009, a copy of which is available for inspection at our Registered Office. beginning on page number 140 of the Red Herring Prospectus. Our Company has appointed Ms. including India. Fees Payable to the Registrar to this Issue: The fees payable to the Registrar to this Issue will be as Bhavi Gandhi as the Company Secretary and Compliance Officer. She may be contacted at: Disclaimer Clause of the Bombay Stock Exchange Limited: Bombay Stock Exchange (“the Exchange”) per the Memorandum of Understanding dated February 8, 2010, a copy of which is available for Ms. Bhavi Gandhi; Viraj Towers, 201,; 2nd floor, near Landmark,; Western Express Highway,; Andheri has given vide its letter dated March 15, 2010, permission to this Company to use Exchange’s name inspection at our Registered Office. Adequate funds will be provided to the Registrar to the Issue (E); Mumbai – 400 069,; Maharashtra,; India.; Tel. No.: +91 22 39548500/ 4075 1500; Fax No.: +91 in the offer document as one of the stock exchange on which this Company’s securities are proposed to enable them to send refund orders or allotment advice by registered post/speed post. IPO Grading: The Issue has been graded by Fitch Ratings India Private Limited (“Fitch”) and ICRA 22 40751535; Email: [email protected] to be listed. The Exchange has scrutinized the offer document for its limited internal purpose of Investors can contact the Company Secretary and Compliance Officer or the Registrar in case of any deciding on the matter of granting the aforesaid permission to this Company. The Exchange does Limited, credit rating agencies registered with the Securities and Exchange Board of India (“SEBI”). Fitch has assigned a grade of 2 (ind) out of a maximum of 5 (ind) indicating below average pre-Issue or post-Issue related problems such as non-receipt of letters of allocation, credit of allotted not in any manner:- i. warrant, certity or endore the correctiness or competness of any of the contents Equity Shares in the respective beneficiary account or refund orders, etc. of this offer document; or ii. warrant that this Company’s securities will be listed or will continue to fundamentals, through its letter dated September 8, 2010. ICRA has assigned this Issue “2” indicating be listed on the Exchange; or iii. take any responsibility for the financial or other soundeness of this below average fundamentals through its letter dated July 7, 2011.For details in relation to the Changes in Auditors during the last three financial years and reasons therefore Company, its promoters, its management or any scheme or project of this Company; and it should Report of the Grading Agency, please refer to “Annexures” beginning on page number 394 of the Our current auditors M/s. P.H.D. & Associates, Chartered Accountants, were appointed on July 24, not for any reason be deemed or construed that the offer document has been cleared or approved Red Herring Prospectus. 2010 as our erstwhile auditor Mr. Dhiren Vakharia, proprietor of M/s. D.V. Vakharia & Co., Charetered by the Exchange. Every person who desires to apply for or otherwise acquires any securities of this Disclaimer of IPO Grading Agencies Accountants, has joined M/s. P.H.D. & Associates, Charetered Accountants, as a partner. Company may do so pursuant to independent inquiry, investigation and analysis and shall not have Fitch Ratings India Private Limited: Reproduction or retransmission in whole or part is prohibited Our erstwhile auditors, M/s. D.V. Vakharia & Co. were appointed on September 30, 2009 in place any claim against the Exchange whatsoever by reason of any loss which may be suffered by such except by permission. All rights reserved. The above grading (“Grading”) assigned by Fitch is largely of our outgoing auditors, M/s. P. D. Desai & Co. Our erstwhile auditors had expressed their inability person consequent to or in connection with such subscription/acquisition whether by reason of based on Fitch’s assessment of the fundamental financial strength of the issuer. The Grading does to continue as our auditors since their firm was in the process of being reconstituted. anything stated or omitted to be stated herein or for any other reason whatsoever. not constitute a credit rating by Fitch. Our procedures for issuing a credit rating differ from the The details are as under: i.; Name of the firm; : M/s. P. D. Desai & Associates; ii.; Registration no. Disclaimer Clause of the National Stock Exchange of India Limited: As required, a copy of this Offer procedures used to issue the Grading. The Grading has been arrived at based on information and of the firm with ICAI; : 121160W; iii.; Name of the member; : C.A. Paresh V. Vakharia; iv.; Membership Document had been submitted to the National Stock Exchange of India Limited (hereinafter referred documents provided to us by the issuer and other parties. Fitch relies on these parties for the accuracy no. of the member; : 38220; i.; Name of the firm; : M/s. D.V. Vakharia & Co.; ii.; Registration no. to as NSE). NSE has given vide its letter ref: NSE/LIST/142919-9 dated July 23, 2010 permission of such information and documents. Fitch did not audit or verify the truth or accuracy of any such of the firm with ICAI; : 121692W; iii.; Name of the member; : C.A. D. V. Vakharia; iv.; Membership to the Issuer to use Exchange’s name in this Offer Document as one of the stock exchanges on which information and does not take responsibility for the appropriateness of the information provided and no. of the member; : 46115 this Issuer’s securities are proposed to be listed. The Exchange has scrutinized this Draft Offer used in our analysis. The Grading is provided “as is” and Fitch does not represent, warrant or Capitalisation of Reserves or Profits: Except as stated in Notes to the chapter titled ‘Capital Structure’ Document for its limited internal purpose of deciding on the matter of granting the aforesaid guarantee (i) the accuracy, correctness, integrity, completeness or timeliness of any part of the beginning on page number 52 of the Red Herring Prospectus, our Company has not capitalized its permission to this Issuer. It is to be distinctly understood that the aforesaid permission given by NSE Grading, or (ii) that the Grading (or any credit rating) and the information and analyses contained reserves or profits at any time since inception. should not in any way be deemed or construed that the offer document has been cleared or approved in, and constituting a part thereof, will fulfill any person’s particular purposes or needs. The Grading Revaluation of assets during the last five years: Our Company has not revalued its assets since by NSE; nor does it in any manner warrant, certify or endorse the correctness or completeness of any reflects the opinion of Fitch as at the date of publication and will not be monitored, and therefore incorporation. of the contents of this Offer Document; not does it warrant that this Issuer’s securities will be listed will not be updated to reflect changed circumstances or information that may affect the Grading. The OTHER INFORMATION or will continue to be listed on the Exchange; not does it take any responsibility for the financial or report providing the Grading is neither a prospectus nor a substitute for the information assembled, MATERIAL CONTRACTS AND DOCUMENTS FOR INSPECTION: The following contracts (not being other soundness of this Issuer, its promoters, its management or any scheme or project of this Issuer. verified and presented to investors by the issuer and its agents in connection with the sale of contracts entered into in the ordinary course of business carried on by our Company or contracts Every person who desires to apply for or otherwise acquires any securities of this Issuer may do so securities. The Grading does not comment on the suitability of the issue process, the adequacy of entered into more than two years before the date of filing of this Daft Red Herring Prospectus) which pursuant to independent inquiry, investigation and analysis and shall not have any claim against market price, the suitability of any investment, loan or security for a particular investor (including, are or may be deemed material have been entered or to be entered into by our Company. These the Exchange whatsoever by reason of any loss which may be suffered by such person consequent without limitation, any accounting and/or regulatory treatment), or the tax-exempt nature or taxability contracts, copies of which have been attached to the copy of the Red Herring Prospectus have been to or in connection with such subscription/ acquisition whether by reason of anything stated or of payments made in respect of any investment, loan or security. Fitch is not providing any financial delivered to the Registrar of Companies, Mumbai for registration and also the documents for inspection omitted to be stated herein or any other reason whatsoever. It is to be distinctly understood that the advice, or any legal, auditing, accounting, appraisal, valuation or actuarial services. The Grading referred to hereunder, may be inspected at the Registered Office of our Company from 11.00 a.m. permission given by NSE should not in any way be deemed or construed that the Offer Document should not be viewed as a replacement for such advice or services. In providing the Grading, Fitch to 5.00 p.m. on working days from the date of filing of the Red Herring Prospectus until the Bid / Issue has been cleared or approved by NSE nor does it certify the correctness or completeness of any of is not making any recommendation or suggestion, directly or indirectly, to any person to buy, sell, make or hold any investment, loan or security or to undertake any investment strategy with respect Closing Date of this Issue. the contents of the Offer Document. The investors are advised to refer the Offer Document for the full DECLARATION: We, the undersigned, hereby certify and declare that all relevant provisions of the text of the ‘Disclaimer Clause of NSE. to any investment, loan or security of any issuer. Any person who uses the Grading does so entirely at its own risk. Investors are advised to obtain individual financial advice based on their risk profile Companies Act, 1956 and the guidelines issued by the Government of India and / or the regulations Filing: A copy of the Red Herring Prospectus has been filed with the Corporation Finance Department / guidelines issued by the Securities and Exchange Board of India, established under Section 3 of of SEBI at SEBI Bhavan, Plot No.C4-A,’G’ Block, Bandra Kurla Complex, Bandra (East), Mumbai before taking any action based on the Grading. There is no fiduciary relationship between us and - 400 051. A copy of the Red Herring Prospectus, along with the documents required to be filed under any third party, including, without limitation, any user of the Grading. Fitch is not responsible for any the Securities and Exchange Board of India Act, 1992, as applicable, have been complied with and Section 60B of the Companies Act, will be delivered to the RoC situated at Registrar of Companies, underwriting, credit, loan, purchase, strategic or investment decision, or damages or other losses no statement made in the Red Herring Prospectus is contrary to the provisions of the Companies Act, Mumbai, Everest Building, 100, Marine Drive, Mumbai – 400 002, Maharashtra at least 3 (three) resulting from use of the Grading. None of Fitch, its officers, employees, affiliated companies and 1956, the Securities and Exchange Board of India Act, 1992 each as amended or rules made there days before the Bid / Issue Opening Date. The final Prospectus would be filed with the Corporate their officers and employees shall have any liability in contract, tort, or otherwise (including, without under or regulations issued, as the case may be. We further certify that all the disclosures and Finance Department of SEBI and the RoC at their respective addresses upon closure of this Issue limitation, for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, statements made in the Red HerringProspectus are true and correct. and on finalization of the Issue Price. including lost profits) in relation to the use of the Grading by any third party. Signed by the Directors of the Company Listing: The Equity Shares issued through the Red Herring Prospectus are proposed to be listed on ICRA Limited: Notwithstanding anything to the contrary, an ICRA IPO grade is a statement of current Mr. Nagji K. Rita Chairman and Managing Director Bombay Stock Exchange Limited (BSE) and the National Stock Exchange of India Limited (NSE). opinion of ICRA and is not a statement of appropriateness of the graded security for any of the In-principle approval for listing of the Equity Shares of our Company from BSE and NSE have been investors. Such grade is assigned with due care and caution on the basis of analysis of information Mr. Virendra Singh Whole Time Director received vide their letters dated March 15, 2010 and July 23, 2010 respectively. and clarifications obtained from the issuer concerned and also other sources considered reliable by Mr. Kanji B. Rita Director BSE will be the Designated Stock Exchange.: If the permission to deal in and for an official quotation ICRA. However, ICRA makes no representation or warranty, express or implied as to the accuracy, Mr. Vinod K. Shah Director of our Equity Shares is not granted by any of the Stock Exchanges mentioned above, our Company authenticity, timeliness, or completeness of such information. An ICRA IPO grade is not (a) a will forthwith repay, without interest, all money received from the Bidders in pursuance of the Red comment on the present or future price of the security concerned (b) a certificate of statutory compliance Mr. Pravin N. Gala Director Herring Prospectus. If such money is not repaid within eight days after our Company becomes liable and/or (c) a credit rating. Further, the ICRA IPO grade is not a recommendation of any kind including Mr. Arun N. Joshi Independent Director to repay it. (i.e. from the date of refusal or within 15 days from the Bid / Issue Closing date, whichever but not limited to recommendation to buy, sell, or deal in the securities of such issuer nor can it be Mr. Shrinivasaiyer Jambunathan Independent Director is earlier), then our Company, and every Director of our Company who is an officer in default shall, considered as an authentication of any of the financial statements of the company, and ICRA shall on and from such expiry of eight days, be jointly and severally liable to repay the money with interest not be liable for any losses incurred by users from any use of the grade in any manner. It is advisable Mr. Harshawardhan M. Gajbhiye Independent Director at the rate of 15% per annum on the Bid Amount, as prescribed under Section 73 of Companies Act. that the professional assistance be taken by any prospective investor in the securities of the company Mr. Ajay Khera Independent Director We shall ensure that all steps for the completion of the necessary formalities for listing and including in the fields of investment banking, tax or law while making such investment. All services Mr. Deepak M. Vaishnav Independent Director commencement of trading at the Stock Exchanges mentioned above are taken within seven working and information provided by ICRA are provided on an “as is” basis, without representations and days of finalisation and adoption of the Basis of Allotment for this Issue. warranties of any nature. Signed by the Chief Financial Officer and the Company Secretary and Compliance Officer Impersonation: Attention of the Bidders is specifically drawn to the provisions of sub-section (1) of Underwriting Commission, Brokerage and Selling Commission: The underwriting commission and Mr. Arvind Gala Chief Financial Officer selling commission for this Issue is as set out in the Syndicate Agreement dated July 5, 2011 entered Section 68 A of the Companies Act, which is reproduced below: Ms. Bhavi Gandhi Company Secretary and Compliance Officer “Any person who: (a) makes in a fictitious name, a Bid to a company for acquiring or subscribing for, into between our Company and the BRLM. The underwriting commission shall be paid as set out in the Underwriting Agreement to be entered into based on the Issue Price and amount underwritten any shares therein, or (b) otherwise induces a company to allot, or register any transfer of shares, therein Date : July 12, 2011 to him, or any other person in a fictitious name, shall be punishable with imprisonment for a term which in the manner mentioned in the Prospectus. Payment of underwriting commission, brokerage and may extend to five years.” selling commission would be in accordance with applicable laws. Place : Mumbai Consents: Consents in writing of: our Directors; our Company Secretary and Compliance Officer; our Previous Rights and Public Issues during Last Five Years: In the fiscal 2008, our Company had undertaken Auditors; Bankers to our Company; Bankers to the Issue; Escrow Collection Bank(s); Refund Bank(s); two rights issue comprsing of 11,00,850 Equity Shares of the Face Value of ` 10/- each at par Syndicate Members; IPO Grading Agencies; BRLM; the Registrar and the legal advisors to this aggregating to ` 1,10,08,500. The dates of completion of allotment of share to the member were FOR FURTHER DETAILS, PLEASE REFER TO THE Issue, to act in their respective capacities, have been obtained and will be filed along with a copy as on November 10, 2007 and January 31, 2008. The objects of the issue were not for the purpose RED HERRING PROSPECTUS

14 INVENTURE GROWTH & SECURITIES LIMITED TIMING FOR SUBMISSION OF BID CUM APPLICATION FORMS / BID REVISION FORMS Bids and any revision in Bids shall be accepted only between 10.00 a.m. and 5.00 p.m. (Indian Standard Time) during the Bidding Period as mentioned above at the bidding centres mentioned on the Bid cum Application Form or in case of Bids submitted through ASBA Form, the Designated Branches or the Syndicate/Sub-syndicate members (at ASBA Bidding Locations) or in case of Bids submitted through ASBA Form, the Designated Branches or the Syndicate/Sub-syndicate members (at ASBA Bidding Locations) except that on the Bid / IssueClosing Date (which for the QIBs may be a day prior to that of the other Bidders), the Bids shall be accepted only between 10 a.m. and 3.00 p.m. (Indian Standard Time) and uploaded till (i) 4.00 p.m. in case of Bids by QIBs, (ii) until 4.00 p.m in case of Bids by Non Institutional Bidders, and (iii) until 5.00 p.m. in case of Bids by Retail Individual Bidders, which may be extended up to such time as deemed fit by the Stock Exchanges after taking into account the total number of applications received up to the closure of timings and reported by BRLM to the Stock Exchanges within half an hour of such closure.Bids by ASBA Bidders shall be uploaded by the SCSB in the electronic system to be provided by the NSE and the BSE. (Cont. from page 2) INTENSIVE FISCAL SERVICES PRIVATE LIMITED - BIDDING CENTRES (CONTD ...... ) Portfolio Ltd :Shop No. 7, New Arpan Society,Ambika nagar, M.G Road,Dombivili(W),Contact Person:YOGESH KHOLE,Ph:9967980907;Bonanza Portfolio Ltd :A-Wing, 11 ground floor,WOODLAND COMPLEX, FURNITURE BAZAR, ULHASNAGER-421002,Contact Person:MANOJ RAISINGHANI, Ph:9422337352;Bonanza Portfolio Ltd :A-1 Sadiccha Cooperative Housing Society Ltd,Rakodia Lane,Off S V Road,Borivali (W),Mumbai 400 092,Contact Person:SAMEER MEHTA, Ph:9820143340;Bonanza Portfolio Ltd :205/206, R.P. center , MIDC ,Andheri ( e), Mumbai - 400 093,Contact Person:Mithilesh Mehta ,Ph:9820681997;Bonanza Portfolio Ltd :8/Panchvati Bldg, Bajaj Road Corner, of S. V. Road, Kandivali (w),Contact Person:Harsh Garg,Ph:9820612156;Bonanza Portfolio Ltd :Shop No. 3, First Floor, Kalp-Taru Shopping Complex, Shahpur, Dist. Thane. Pin-421601,Contact Person:Santosh Ramanlal Shah,Ph:9422337352;Bonanza Portfolio Ltd :Golden Beach No1, Jukar Road, Juhu, Mumbai- 49 ,Contact Person:Vikrant S Choksy ,Ph:9820483773;Bonanza Portfolio Ltd :1131, 11th Floor, Bldg 3, Navjivan Scty, Lamington Road, Mumbai - 400 008,Contact Person:Mr. Dinesh Bapna,Ph:9821227080;Bonanza Portfolio Ltd :80-THAKURDWAR ROAD, JITEKAR WADI,OPP JAIN TEMPLE, CHARNI ROAD, MUMBAI-400002,Contact Person:ANKIT B. JODHAWAT, Ph:9819970809;Bonanza Portfolio Ltd :Shop No.3, Mangaldeep CHS, Opp ST. Joseph High School, Sector - 4, Kalamboli, Navi Mumbai - 410218 ,Contact Person:Sarbjit Kaur ,Ph:9819503435/ 65177889 / 9819506465 ;Bonanza Portfolio Ltd : No.4, Popular Terrace C.H.S, Kastur Park, Shimpoli Cross Road, Borivali (West) Mumbai - 400092,Contact Person:Girish V Bhatt,Ph:9870477335;Bonanza Portfolio Ltd :Shop No. 16, Shivam CHS, Near NL Complex, Chatrapati Shivaji Road, Dahisar (East), Mumbai - 400 068,Contact Person:Mr. Pratik Oza,Ph:9987635081;Bonanza Portfolio Ltd :Shop No. 6, 1st floor, Sachdev Complex,Near New Telephone Exchange,Ulhasnagar 421001,Contact Person:Mr. Vinod Mahtani,Ph:9324387151;Bonanza Portfolio Ltd: AVANEESH CHS,OFFICE NO.9 , PLOT NO.225 SECTOR.13 KHARGHAR,NAVI MUMBAI 410210 , Contact Person:SUNETRA PAWAR, Ph:32991229;Bonanza Portfolio Ltd :Unit No. 222, Linkway Estate, New Link Road, Nr. Inorbit Mall Malad [W] Mumbai- 400064,Contact Person:Sukesh Goyal,Ph:9821164177;Bonanza Portfolio Ltd :C-302, Kailash Esplanade, Opp. Shreyas Cinema, Lbs Marg., Ghatkopar [W], Mumbai- 400086,Contact Person:Mr. Chetan Kotak,Ph:25008823;Bonanza Portfolio Ltd :Shop No. 16, Shivam CHS, Near NL Complex, Chatrapati Shivaji Road, Dahisar (East), Mumbai - 400 068,Contact Person:Pratik Oza Branch ,Ph:-;Bonanza Portfolio Ltd :SHOP NO 4, SIMNU TOWER, PREM NAGAR, BORIVALI WEST`, Mumbai-49,Contact Person:DEEPAK MEHTA,Ph:9223278818/ 28922774;Bonanza Portfolio Ltd :Avanti Bldg No.2, Shop No.4, Haridas Nagar, Shimpoli Road, Borivali (West), Mumbai -400092,Contact Person:Kuntal Narechania,Ph:9821578392/ 28335433;Bonanza Portfolio Ltd :Address - C/2 P-50 Mahavir Nagar Shanker Lane Kandivali(W), Mumbai, 400067,Contact Person:SUMIT M SHAH,Ph:9869000784;Bonanza Portfolio Ltd :Plot No. M-2, Cama Industrial Estate,Walbhat Road, Goregaon ( E )- Mumbai- 400063,Contact Person:Naveen Dubey/ Rakesh Goyal,Ph:9967930940;Bonanza Portfolio Ltd :Shop no- 44, D Wing Krishna Bldg, Vasant Sagar Complex, Thakur Village, Kandivali(east)Mumbai - 400101,Contact Person:Pramod Bothra/ Tabassum,Ph:989845544;Bonanza Portfolio Ltd:Shop No. 7, 11/A, Arm Arcade, Sector 7, Kharghar-410210,Contact Person:Pramod Surve,Ph:56019448;Canara Bank Securities Ltd:112, 2nd Floor, Sion Koliwada Road,Sion East, Mumbai,Contact Person:Anuj Bajpai,Ph:022 24063838/3839;Centrum Broking Pvt. Ltd.:Bombay Mutual Bldg., 2nd Flr., D N Road, Mumbai - 400001,Contact Person:Mr. Vinay Mishra,Ph:(022) 43551700;Centrum Broking Pvt. Ltd.:Centrum House, 4th level, CST Road, Vidya Nagari Marg, Kalina, Santacruz (E), Mumbai - 400098,Contact Person:Mr. Rajesh Thadhani,Ph:(022)42159000/42159465;Edelweiss Broking Ltd :104, P J Towers, BSE Bldg, Fort, Mumbai – 01 Ph:022-67471345;Enam Sec - ANS Pvt Ltd:A-123/124, satyam Shopping Centre, M G Rd,Ghatkopar (E)400077Ph:022 - 39558604;Enam Sec - ANS Pvt Ltd:C/9,Satyam Shopping Centre, M G Road,Ghatkopar (E)400077Ph:022 - 25104141;Enam Sec - Tanna Financial Services:C/4, Keshavnidhi, Mulji Nagar-2, Saibaba Nagar, Borivali (W)400092Ph:022 - 42364146;ENAM SECURITIES DIRECT PVT LTD:201-A, LAXMI TOWERS, BANDRA KURLA COMPEX, BANDRA (E)400051Ph:022 - 66803600;ENAM SECURITIES PVT LTD:KHATAU BUILDING, 2ND FLOOR, 44 BANK STREET, OFF SHAHID BHAGATSING ROAD, FORT400023Ph:022 - 22677901;Eureka Stock & Share Broking Services Ltd:Raheja Chambers, R.No.909,9th Floor, Nariman Point Mumbai - 400 021,Contact Person:Ashok Taparia,Ph:(022) 3258 3020;Fortune Equity Brokers (India) Ltd.:59, Sonawalla Bldg., 1st Floor,B. S. Marg, Fort,Mumbai - 400001,Contact Person:Mr. Manohar Raut,Ph:022-22634478-83;HDFC Securities Ltd.,V. P. Road, Near BMC Bank, Andheri (West) Mumbai - 400 058,P-022-40068483 to 40068485; 022- 26255440 to 26255446;HDFC Securities Ltd.,Rotunda Bldg. Bombay Stock Exchange, Mumbai Samachar Marg, Fort, Mumbai - 400 001,P-022-66224600 to 66224621;HDFC Securities Ltd.,M. G. Road, Ghatkopar (w), Mumbai - 400086,P-022- 25021878 to 25021880;HDFC Securities Ltd.,Panchsheel Enclave, Mahavir Nagar, Kandivli (West), Mumbai 400 067,P-022- 29672873 to 29672877 ; 022- 40067548 to 40067555;HDFC Securities Ltd.,Near Kanjurmarg Station, Opp. Crompton Greaves, Kanjurmarg (East), Mumbai 400 042,P-30750172;HDFC Securities Ltd.,New link Road, Andheri (west), Mumbai - 400058,P-022-40068557/59/53 ; 022-26731485/82/83;HDFC Securities Ltd.,Next to D Mart,Malad West, Mumbai 400 064,P-022- 65220923 to 65220926 / 65991230/3;HDFC Securities Ltd., Arenja Corner Premises CHS Ltd, Plot No. 71, Sector 17, Vashi, New Mumbai - 400705,P-022- 66098270 to 66098279 ; 27889755 to 27889762;Hem Securities Ltd,14/15, Khatau Bldg,1st Floor,40 Bank Street,Fort,Mumbai - 400001Ph:Ph - 022- 22666156;HITESH SHAH:75, PERIN NARIMAN STREET,FORT,SHITAL SADAN,FORTMUMBAI 400 001,Contact Person:HITESH SHAH,Ph:022-22693929;HSBC InvestDirect Securities (India) Ltd,Dhanasingh Processor Premises, J.B. Nagar, Andheri-Kurla Road, Andheri East, Mumbai 400 059,Contact:Tejal Surve,P-022 39673635;HSBC InvestDirect Securities (India) Ltd,Seksaria Chambers, 139, Nagindas Master Road, Fort ,Mumbai - 400 023,Contact:Ajit Gandhi,P-022 2634902;HSBC InvestDirect Securities (India) Ltd,Dhanasingh Processor Premises, J.B. Nagar, Andheri-Kurla Road, Andheri East, Mumbai 400 059,Contact:Tejal Surve,P-39673635;HSBC InvestDirect Securities (India) Ltd,Blues Bazaar Kanaiya Bldg, 250-B, Linking Road, Bandra(W) Mumbai - 400 050,Contact:Punit Gangdev,P-022 26558496;HSBC InvestDirect Securities (India) Ltd,Dhanasingh Processor Premises, J.B. Nagar, Andheri-Kurla Road, Andheri East, Mumbai 400 059,Contact:Sanjita Aswani,P-022 39673635;IDBI Capital Markets Ltd.,5th Floor,Mafatlal Centre,Nariman Point, Mumbai -400 021,P-022-43221212;India Infoline Ltd:Sun Infotech Park, Road No. 16V, Plot No. B-23, MIDC, Thane Industrial Area, Wagle Estate, Thane - 400064,Contact Person:Saumitra,Ph:022-39294096 97 / 98;India Infoline Ltd:IIFL Center, B-Wing, Kamala Mills Compound, Off Senapati Bapat Marg, Lower Parel, Mumbai 400 013, ,Contact Person:Pinkesh,Ph:022 46464600;Indiabulls Securities Ltd.,Tower 1, F P No. 612, 613 & TPS, IV Mahim Division, ELPHINSTONE Mills, 8&9 Floor, Senapati Bapat Marg,Near Kamghar Stadium, Mumbai.,Contact:RITESH RAO;Indiabulls Securities Ltd.,VSNL 7th Floor Lokmandaya Videsh Sanchar Bhawan Kashinath dhurumargopt.Kirti College Prabha Devi Mumbai-28,Contact:PAWAN KUMAR CHAURASIA; JM Financial Ltd.:Lakhani Terrace, Cawasji Patel Street,Sir PM Road Fort, Mumbai 400 001Ph:(022) 6552 7564;JM Financial Ltd.:1st Floor, Patel House, Next to Bank of Baroda, M G Road, Ville Parle (E) Mumbai 400 057Ph:(022) 2613 5202/03;JM Financial Ltd.:2/003 Anushka, New Link Rd, Oshiwara Andheri (West) Mumbai 400 053Ph:(022) 6619 1600;JM Financial Ltd.:Palm Court, “B” Wing 4th Floor, Link Road, Malad (West) Mumbai 400 064Ph:(022) 3087 7000;JM Financial Ltd.:Shop No 6, Dattani Trade Center, Chnadavarkar Road, Borivali (West) , Mumbai 400 092Ph:(022) 3021 5400;JM Financial Ltd.:4th Floor, Kailash Plaza, Vallabh Bagh Lane, Ghatkopar (East) Mumbai 400 077Ph:022- 3097 8700;JOINDRE CAPITAL SERVICES LTD:32, Raja Bahadur Mansion, Ground Floor, Opp. Bank of Maharashtra, Mumbai ,Contact Person:Mr. A. P. Shukla,Ph:022-40334720;KARVY STOCK BROKING LTD,207,JEEVAN UDYOG BUILDING, 2nd FLOOR,ABOVE KHADI BHANDHAR ,D N ROAD, FORT,MUMBAI-400001,P-022-220620422023;KARVY STOCK BROKING LTD,29,FIRST FLOOR, PATEL SHOPPING CENTRE,,OPP. FOODLAND RESTAURANT,SAINATH ROAD, MALAD (WEST),MUMBAI-400064,P-022-2882424128824280;KARVY STOCK BROKING LTD,B-153, VASHI PLAZA,SECTOR 17, VASHI,NAVI MUMBAI-400705,P-022-6791208767912160;KARVY STOCK BROKING LTD,7, ANDHERI INDUSTRIAL ESTATE,OFF: VEERA DESAI ROAD,ANDHERI (WEST)-400053,P-022-26730799 / 843 / 311 / 867 / 153 / 292;KARVY STOCK BROKING LTD,SHOP NO.10,PLOT NO.71-B,SHRAM SAFALYA,NEAR CHEMBUR STATION,OPP VHAISHALI HOTEL,CHEMBUR EAST,MUMBAI-400071,P-022- 25211839,;KARVY STOCK BROKING LTD,101 SAPNA BUILDING, ABOVE IDBI BANK,S K BHOLE MARG, DADAR WEST,MUMBAI-400 028,P-0022-24329763, 24322158, 24324378, 24329738, 24324662;KARVY STOCK BROKING LTD,16/26, 16/22, TRANSWORLD, MAHARASHTRA CHAMBERS OF,COMMERCE LANE, OPP MCS BANK, FORT,MUMBAI-400023,P-022-66314326 , 22844777,22842668;KARVY STOCK BROKING LTD,ROOM NO.115, ARUN CHAMBERS, 1st FLOOR,NEXT TO A/C MARKET, TARDEO,MUMBAI-400034,P-022-66607042;KARVY STOCK BROKING LTD,103, JIVAN CHAYA BLDG.,,RAM MARUTI ROAD, NAUPADA,THANE (WEST)-400602,P-022-25380645/25380633/25446121/25446124,25446129;KiFS Securities Ltd.:1801,18th FLOOR,STOCK EXCHANGE TOWER,DALAL STREET,MUMBAI-400 001.,Contact Person:MANOJJI,Ph:9819465362;KJMC CAPITAL MARKET SERVICES LTD.:168Atlanta, Nariman point,Mumbai - 400 021.,Contact Person:Mr. S. V. Mahajan,Ph:40945500 Ext:140;Kotak Securities Ltd., :Nirlon House, 5th Floor, Dr Anie Besant Road, Near Passport Office, Worli, Mumbai-400 025.Tel:66529191; ;Kotak Securities Ltd., :6th Floor, Kotak Towers, Building No. 21, Infinity Park, Off Western Express Highway, Goregaon Mulund Link, Road, Malad (E), Mumbai – 400 097. Tel:022-6605 6825;;LKP SECURITIES LTD.:BANK OF MAHARASHTRA BLDG.,45/47, B S MARG, FORT, MUMBAI 400 001.,Contact Person:Dinesh Waghela,Ph:022 22663963 ;MEHTA EQUITES LTD:612, ARUN CHAMBERS,6TH FR, TARDEO ROAD NR. AC MARKET MUMBAI CENTRAL (W)-34Ph:022-40070100;Monarch Project & Finmarket Ltd.:Monarch Project & Finmarket Ltd.901/902,Atlanta centre,Sonawala Lane,Opp. Udhyog Bhavan, Goregaon (East),Mumbai - 400063,Contact Person:Sanjay Motta,Ph:022-66211800;Motilal Oswal Securities Ltd:Queen’s Mension,2nd Floor, 44 A.K. Naik Marg,Behind Khadi Gramodyog Fort Mumbai 400001Ph:022-30278090/8129;Nirmal Bang Securities Pvt. Ltd.:38B/39., Khatau Bldg., 2nd Floor., Alkesh Dinesh Mody Marg., Fort – Mumbai – 400 001 ,Contact Person:Dilip Bang,Ph:022-39269140;Prabhudas Lilladher Pvt Ltd:A-102 Krishna Nagri co-op Hsg Soc, Opp.Sony Mony, S.V.Road, Borivali (W) Mumbai-400 092,Contact Person:Mr. Pawan Gohalyan,Ph:022-28617527 / 28;Prabhudas Lilladher Pvt Ltd:7/10, Runwal Commercial Complex, L.B.S Marg, Mulund (West) Mumbai-400 080,Contact Person:Mr. Tapan Trivedi,Ph:022-67654951/ 52;Prabhudas Lilladher Pvt Ltd:48, M.G. Road, Next to Awaz Company, Ghatkopar (West) Mumbai - 400 086,Contact Person:Mr. Bhavesh Senghani,Ph:022-25111351/52/53;Prabhudas Lilladher Pvt Ltd:428/29, Kailash Plaza, 4th floor, Opp. Odean Cinema, Ghatkopar (East) Mumbai-400 075,Contact Person:Mr. Jasmin Parekh,Ph:022-251515001 /001;Prabhudas Lilladher Pvt Ltd :Sadhana House, 3 rd Floor, 570, P. B. Marg, Behind Mahindra Tower, Worli, Mumbai-400018,Contact Person:Mr. Manish Bhatt / Nilesh,Ph:022-66322222/91;Prabhudas Lilladher Pvt Ltd :Office No.323, 3rd Floor, Vardhaman Market, Sector 17, Vashi, Navi Mumbai -400 705,Contact Person:Mr. Rajesh Ranjan,Ph:022-67122186 /87;Pukhraj Lunkar:SHREE SITARAM SADAN,BLOCK ‘ B’ GROUND FLOOR,282, PRINCESS STREET,MUMBAI- 400002;Reliance Securities Ltd:R Tech Park, 11th Floor,Nirlon Compound, Behind HUB Mall,Western Express Highway, Goregoan East,Mumbai - 400 063,Contact Person:Hemant Irmal,Ph:022-30591444;Religare Securities Ltd: VIRAJ TOWER,3RD FLOORNEAR LANDMARK,WESTERN EXPRESS HIGHWAY ANDHERI (EAST) MUMBAI – 400093,Contact Person:AnujKapil,Ph:-;Rikhav Securities Ltd:B, 35/36, Matru Chhaya, S.N. Road, Mulund (W) Mumbai-40080,Contact Person:Ms. Snehal;,Ph:25935353; RR Investors Capital Servics Pvt. Ltd. 82/1,bombay Samachar Marg.,Apollo House,Gr. Floor,FortPh:09324804086;SBICAP Securities Ltd:2nd Flr, C Wing, Mafatlal Chambers, N.M Joshi Marg, Lower Parel, Mumbai - 400013.Ph:022-42273451;Sharekhan Ltd:2nd Floor, Gulmohar Tower, ,Mahatma Phule Road, ,Opp.A.K.Joshi High School. Naupada,Thane (W),L2 - 400602,Contact Person:Ashish Inamdar,Ph:022- 2537 2158 to 61 / 2539 7778 - 9;Sharekhan Ltd:Lokhandwala Complex, Off No 46, 1st Floor, ,RNA Arcade, Krystal Avenue Co-Opp Hsg, ,Andheri (W),L2 - 400053,Contact Person:Manoj Lalwani,Ph:022-26351629 / 26351653;Sharekhan Ltd:B/204, Kotia Nirman, 2nd Floor, ,Next to Fun Republic Cinema,,New Link Road, Andheri (W),L2 - 400053,Contact Person:Mr.Pramit Mistry,Ph:022- 6675 0755 / 6675 0758 ;Sharekhan Ltd:703, Prem Sagar Building , 1st Floor , ,3 A Linking Road,Khar (W),L2 - 400052,Contact Person:Mr. Tushar Chorera,Ph:022- 6513 5333 - 6513 3972 - 76;Sharekhan Ltd:Shankar Ashish Bldg, 1st Floor, R.S.Marg, ,Chandavarkar Cross Road lane, Above HDFC Home Loans, ,Near ICICI Bank,Borivali (W),L2 - 400092,Contact Person:Ilesh Marchant,Ph:022- 6513 1221/6513 1222;Sharekhan Ltd:Shop No.10, Om Sai Ratna Rajul Co-Op.Hsg. Society, ,Corner of Patel Nagar, M G Road, ,Kandivali(W),L2 - 400067,Contact Person:Mr. Kalpesh Parikh ,Ph:022- 28090509 / 28090589;Sharekhan Ltd:106, ROYALPLAZA, HJ ROAD, ,OPP; MADURAM HALL, ,DAHISAR (E) ,L2 - 400068,Contact Person:Jagdish Gada,Ph:022 - 28282306/28281490;Sharekhan Ltd:202, Sai Plaza, 2nd Floor, ,Junction of Jawahar Road & R. B. Mehta Marg, ,Opp. Ghatkopar Railway Station, Ghatkopar (E),L2 - 400077,Contact Person:Mr. Mayur Patel ,Ph:022- 2501 1833 / 2501 0844 ;Sharekhan Ltd:301 & 302, 3rd Floor, Manibhuvan Co-op Hsg Soc.Ltd., Plot No.343, Above ICICI Bank, S.V.Road, Pahadi Village, Goregaon(W), Mumbai – 400 062,Contact Person:Nainesh Seth,Ph:022-67418570/65153123;Sharekhan Ltd:A27-29, Phoenix House, 3rd Floor,Senapati Bapat Marg,Lower Parel (W),L2 - 400013,Contact Person:Amit Arora,Ph:022 6748 2000;Sharekhan Ltd:Flat No. 4B, Ground Floor, ,Ashwin Villa,Telang Road, ,Matunga (E),L2 - 400019,Contact Person:Mr. Vishal Ved,Ph:022 65139230-32;Sharekhan Ltd:Shop No. 1, Hetal Building, Ground Floor,,Opp.Punjab National Bank, ,Zaver Road, Mulund (West),L2 - 400080,Contact Person:Mr. Rajiv Kothari,Ph:022 – 2565 6805 /6/ 7/8/9/10 ;Sharekhan Ltd:Gogate Mansion, Ground Floor, ,89-Jagannath Shankar Seth Road, ,Girgaum,L2 - 400004,Contact Person:MR.LEKHU PUNJABI,Ph:022 66105672-77;Sharekhan Ltd:1st floor, Hamam House, ,Hamam Street, ,Fort ,L2 - 400023,Contact Person:Mr. Bhushan Shah. / Mr. Piyush Shah,Ph:022- 6610 5600 - 15 ;Sharekhan Ltd:6 & 7-Alka Co-Op Hsg. Soc, Ground Floor, ,Dadabhai Road, ,Vile Parle (W),L2 - 400056,Contact Person:Mr. Pankaj Shah,Ph:022-26253010 - 13;Sharekhan Ltd:108, 1st Floor, Persipolis Bldg., ,Above Titan Showroom, Opp.St.Lawrence School, ,Sector-17, Vashi,L2 - 400703,Contact Person:Mr. Narinder singh Kohli ,Ph:022 - 27882979-82 / 67122150-52;SMC GLOBAL SECURITIES LTD:258, PERIN NARIMAN STREET FIRST FLOOR FORT MUMBAI-21Ph:022-56651450;SMC GLOBAL SECURITIES LTD:155-A ,15th FLOOR A-WING, MITTAL TOWER, NARIMAN POINT MUMBAI -21Ph:022-56651450;SPA SECURITIES LTD:SPA HOUSE, Nyay Sagar, Near Gurunanak Hospital, Kalanagar, Bandra - East, Mumbai - 400051Ph:40460460;Standard Chartered-STCI Capital Markets Ltd.,Standard Chartered Tower, 201B/1, Western Express Highway, Goregaon(E), Mumbai-63,P-022-67559626;Sumedha Fiscal Services Ltd.:C-703, Marathon Next Gen Innova,Off. Ganpatrao Kadam Marg,Opp.Penninsula Corporate Park,Lower Parel (West),Mumbai 400 013.,Contact Person:Mr. Bhawani Shankar Rathi,Ph:24980166/2969/5210;Suresh Rathi Securities Pvt. Ltd.:9, Parekh Vora Chambers, 66, Nagindas Master Rd, Fort, Mumbai – 400023Ph:9820186491,022-2270 4710;Suresh Rathi Securities Pvt. Ltd.:11 & 12, Mittela A Co op Hsh Soc, Opp,Jankalyan Bank, J.B. Nagar, Andheri (E),Mumbai-400 059Ph:9322454000,022-283 54000;Suresh Rathi Securities Pvt. Ltd.:21 Leena Appartment, 60 FT Road,Bhayander (W)Ph:93232 37310,022-2804446;Suresh Rathi Securities Pvt. Ltd.:Room No:1, Ground Floor, C Wing, Sahayadri Bldg., Opp Bajaj Hall, S.V.Road,Malad (W)Ph:93227 90581,022-32964323;Sushil Financial Services Pvt Ltd,12, Homji Street, Fort, Mumbai - 400 001.,Contact:Mr. Hemendra Shah,P-022- 40936000;Systematix Shares & Stocks (I) Ltd :3rd Floor, J K Somani Bldg; Near Stock Exchange, Mumbai – 400 023Ph:022-30298000/8185;Ventura Securities Ltd:C-112-116, Kailash Industrial Complex, Park Site, Vikhroli(W), Mumbai - 79, Ph:02222874791;Emkay Share & Stock Brokers Ltd,,H-6,Ground Floor,Paragon Centre,Pandurang budhkar marg,Opp century Mills, Worli,Mumbai-400013,P-022-66121310;Microsec Capital Ltd,74A, Mittal Towers, 7th Floor, 210, Nariman Point Mumbai-400021,P-9320356000;Sunidhi Securities & Finance Ltd,Maker Chamber 4, 14th Floor,Nariman Point, Mumbai- 400 021,P-022- 30277792\;Tata Securities Ltd,3rd Floor, Akruti SMC,Khopat Junction, Khopat, Thane West 400601,P-022-67940500;Bonanza Portfolio Ltd:Cash Market Services, G-9, Tilak Bldg, Sewri, -400015,Contact Person:Bharat Satra,Ph:24189632;Bonanza Portfolio Ltd:Sec-14 Land Mark Society , Vashi Navi. -400703,Contact Person:Bhupesh Gupta,Ph:27880474/75/76;Bonanza Portfolio Ltd:6, Panesar House, Liberty Garden, Rod No. 2, Malad-400064,Contact Person:KAS Financial Services ,Ph:28442440/6;Bonanza Portfolio Ltd:156, Zaveri Bazar, L K Market, 2Nd Floor, Office No - 40, -400002,Contact Person:Rahul R Agarwal,Ph:30928848; Mysore: HDFC Securities Ltd.,A, Kalidasa Road, V. V. Mohalla, Mysore - 570002, Karnataka,P-0821-2500067;HSBC InvestDirect Securities (India) Ltd,Dasa Narayana Prasad,”Fund Park”2848,Mahaveernagar, Mysore- ,Contact:,P-0821 2563453;KARVY STOCK BROKING LTD,NO.9/2, NEW NOL.L-350, SILVER TOWER, 1ST FLOOR,ASHOKA ROAD, OPP: CLOCK TOWER,MYSORE-570001,P-0821-2.52429225242932; Nagpur: Anand Rathi, Block No 1,Shraddha House, Kingsway 01,Nagpur 440 001,Contact Person:Ravindra Maloo,Ph:0712-6635600,615;Bonanza Portfolio Ltd :Block No B21/22, Link Rd., Opp.PWD Workshop, Sadar, Nagpur-440001,Contact Person:Mr. Adhirpatni,Ph:9373102351;Bonanza Portfolio Ltd :Opp Hame Mahila Samaj,274 Dharampeth extn,Nagpur 440 010,Contact Person:Mr. Anuj Badjate, Ph:98222329000;Bonanza Portfolio Ltd :Paul Complex, Ajni Square, Wardha Road, Nagpur 440012,Ph.No.0712-2239873/83,Contact Person:Mahendra Chikhalkar,Ph:9422128017;Chugh Securities Pvt. Ltd.:231, Gopal Krishna Nagar, Vathola Layout, Nandanram, Nagpur,Contact Person:Bhupesh Singh Maske,Ph:9665022340;HDFC Securities Ltd.,V. Patel Marg, Kingsway, Civil Lines, Nagpur-440001,P-0712-6637926/27/28/29/30;HSBC InvestDirect Securities (India) Ltd,Jaika Finance, C/o Jaika Motors, Civil Lines, Nagpur,Contact:Anurag Singhai,P-0712 2534578 / 2523154/2277781;JOINDRE CAPITAL SERVICES LTD:Sunder Kiran Securities, G-16&17, Sai Regency Ravi Nagar Sq, Amravati Road, Nagpur,Contact Person:Mr.Shripal Jain,Ph:-;KARVY STOCK BROKING LTD,230-231, 3RD FLOOR, SHREERAM TOWER,NEAR NIT BUILDING,SADAR,NAGPUR-440001,P-0712-66141456612347;MEHTA EQUITES LTD:S-14, SHUTBH COMPLES,210 , W.H.C. ROAD ,DHARMPETH ,NAGPUR- 440010Ph:0712-2529743,2537307;Prabhudas Lilladher Pvt Ltd:C/o Apex Investments, C-1, Yugdharma Complex, Central Bazar Road, Ramdas Peth, Nagpur - 440 010,Contact Person:Mr. Satish Iyer,Ph:0712-25211366;Prabhudas Lilladher Pvt Ltd:1st Floor, Above Fullertone India, Opp. Gandhi Market, Central Avenue Road, Chapru Nagar, Nagpur -440008,Contact Person:Mr. Bhagirath Trivedi,Ph:9326578441- 442;Prabhudas Lilladher Pvt Ltd:C/o Aneeque Investment Solutions, Bakra Mandi, Mominpura Chowk, Nagpur,Contact Person:Mr. Mohd. Ateeque Sadique,Ph:9422122365;Ventura Securities Ltd:404, 4th Floor, Gomti apt., Law college Square, Nagpur - 440010, Ph:0712-2549548/2542955; Nashik: Anand Rathi,6/8, 2nd Floor, Bldg. No. 5, Stadium Road Complex, M.G Road, Nasik - 422001,Contact Person:Sharad Rathi,Ph:9322852029;Angel Broking Ltd.,Shop No.22,23,24,Grd Flr. Kapadia ,Commercial Complex,Opp. Janalaxmi Bank(Ho) Old Mumbai,Agra Road,Gadkari Chowk,Nasik-422002,Contact:Ketki Jadhav,P-0253-2578835/836;Bonanza Portfolio Ltd :Shop No.2 , Pyramid Arcade, Raka Colony, Sharanpur Road ,Nashik– 422 002,Contact Person:Mr. Pravin Moule,Ph:-;Bonanza Portfolio Ltd :rahul Yadav,S. K. Mall, 3rd floor, college road, Nasik- 422005,Contact Person:Rahul Yadav,Ph:9881159245;Bonanza Portfolio Ltd:Kalash Trading, Subhash Rd, Nasik Rd, Nasik 0,Contact Person:Rajendra Chordia,Ph:2532456124;HDFC Securities Ltd.,Off Gangapur Road, Nashik - 422005 ,P-0253- 6610585/86/87;HSBC InvestDirect Securities (India) Ltd,Disha Share Broking Pvt Ltd , G-3 & 4, Suyojit Modern Point, Near NMC, (Rajiv Gandhi Bhavan), Sharanpur Road, Nasik - 422 002,Contact:,P-0253-2237425 / 5623478 / 79;JOINDRE CAPITAL SERVICES LTD:S-9/10, Suyojit Sankul, Near Rajiv Gandhi Bhavan, Sharanpur Road, Nashik,Contact Person:Mr. Mahendra Mutha,Ph:-;KARVY STOCK BROKING LTD,F1, SUYOJIT SANKUL,SHARANPUR ROAD,NASIK-422002,P-0253-9665066531,32,33;Prabhudas Lilladher Pvt Ltd:C/o.Investment Solutions, 3 Meghsheet, Near.Datta Mandir Nashik Road, Nashik-422101,Contact Person:Mr. Manoj Loya,Ph:0253-2451570;Prabhudas Lilladher Pvt Ltd:C/o Maxus Capital & Fin.Service, Yayati Kotkar House, Behind Atharva Medical, Tilakwada, Kulkarni Colony, Link Road, Nashik-422 002,Contact Person:Mr.Parag Kotkar,Ph:0259 -2572224;Prabhudas Lilladher Pvt Ltd:C/o.Chanakya Investments, Shop No. 3, Yashwant Apartment, Vinay Nagar, Wadala, Pathardi Road, Nashik - 422 006,Contact Person:Mr. Milind Nikwade,Ph:0253 – 6611387; New Delhi: Aditya Birla Money Ltd.,Flat No 103, 1st Floor Arunachal Building 19 Barakhamaba Road,Connaught Place New Delhi-110001,Contact:Saurabh Pandey 011-46320300;Alankit Assignments Ltd.:2E/8 , Jhandewalan Ext. , New Delhi -110055;Alankit Assignments Ltd.:8,9,10 & 11, Ground Floor,Deep Cinema Complex, Ashok Vihar, Phase I,Delhi-110052, 011-40754701-06;Alankit Assignments Ltd.:C-587, Defence Colony, New Delhi-110024,011-46574302-03;Alankit Assignments Ltd.:206, Suneja Tower I, Distt Centre Janakpuri,Delhi-110058,011-41589580-81;Alankit Assignments Ltd.:A-78, Kamla Nagar, Delhi-110007,P-011-23844047-48 ;Alankit Assignments Ltd.:104, Pankaj Chambers, Preet Vihar Community Centre, Vikas Marg,Delhi-110092,011-22042985-88, 42421135;Alankit Assignments Ltd.:18, 1st Floor, North West Avenue (Club Road),Near Bikanerwala, West Punjabi Bagh,Delhi-110026,011-47563901-05;Alankit Assignments Ltd.:102, Vikas Plaza, Community Centre, Sector-8,Rohini,Delhi-110085,011-27947381-85;Almondz Global Securities Ltd:2nd Floor, 3, Scindia House, Janpath, New Delhi – 110 001Ph:011-41514666.;Amrapali Capital And Finance Services Ltd:32, 3rd Floor, Netaji Subhash Marg,Daria Gunj,New Delhi – 110024Ph:(011),23258084;Anand Rathi,911/912, 9th Flr, Ansal Bhavan,Kasturba Gandhi Marg, Cannought Place, New Delhi-110001,Contact Person:Neetu Gupta,Ph:9313320193;Anand Rathi,911/912, 9th Flr, Ansal Bhavan,Kasturba Gandhi Marg, Cannought Place, New Delhi-110001,Contact Person:Neetu Gupta,Ph:9313320193;Angel Broking Ltd.,Angle Broking Ltd.,A-56, Part-70, 1St Floor,Opposite Moti Nagar Police Station.,Najafgarh Road, New Delhi- 110015,Contact:Deepika Sharma,P-011-45030600;Bharat Bhushan & Co.:304 Rohit House,3 Tolstoy Marg,New Delhi 110001,Contact Person:Mr. Rohit Gandhi,Ph:9311363077;Bharat Bhushan & Co.:5E, Jhandewalan Extn., Rani Jhansi Rd.,New Delhi –110055,Contact Person:Ms. Madhvi Ahuja,Ph:011-23540997,011-23540998;Bharat Bhushan & Co.:18, Vasant Arcade Vasant Kunj,New Delhi 110070,Contact Person:Mr.Ajay Arora,Ph:011-26894527,011-26894602;Bonanza Portfolio Ltd :4353/4C, Madan Mohan Street, Ansari Road, Daryaganj-110002,Contact Person:Amit Bhatia/ Prem Mishra,Ph:931202399;Bonanza Portfolio Ltd:4380/4B, Kausalya Flat No. 26, Ansari Road, Daryaganj,-110002,Contact Person:Anil,Ph:011-23260649;Bonanza Portfolio Ltd:M/S Anil Kumar & Co. M-6, Essel House 10, Asaf Ali Road, -110002,Contact Person:Anil K,Ph:011-23230022;Bonanza Portfolio Ltd:G-3, Usha Kiran Building, Azadpur, -110033,Contact Person:Babita,Ph:011-27673413;Bonanza Portfolio Ltd:4353/C, 2nd Floor, Ansari Rd, -110002,Contact Person:M Gupta,Ph:011-23284377;Bonanza Portfolio Ltd:Wz-310, Nagal Raya , -110046,Contact Person:Naresh,Ph:011-28112110;Bonanza Portfolio Ltd:Vardman Enterprises, 580-81, 2Nd Floor, Makki Market, Chawari Bazar, -110006,Contact Person:Rakesh,Ph:23252086;Bonanza Portfolio Ltd:M/S Singhal Fincap, G -5, 4353, Madan Mohan Street, 4-C, Ansari Road , -110002,Contact Person:Vijay,Ph:011-23272200;Bonanza Portfolio Ltd:Ag - 402, Shalimar Bagh,0,Contact Person:Naval K ,Ph:011-27473776;Bonanza Portfolio Ltd:M/S Saya Securities, C-6/6113, Vasant Kunj,Contact Person:Satish,Ph:011-26138850;Bonanza Portfolio Ltd:13, Commodity Center, East of Kailash, -110006,Contact Person:Som Sharma,Ph:011-26419079;Chugh Securities Pvt. Ltd.:B-219 , NARAINA INDUSTRIAL AREA,PHASE-1, NEW DELHI – 110028,Contact Person:Akhil Chugh,Ph:45009999 / 45009901-04;Chugh Securities Pvt. Ltd.:F – 23, KOLHAPUR ROAD, KAMLA NAGAR,NEW DELHI – 110007,Ph:23846341 / 23846440/ 41530499;Chugh Securities Pvt. Ltd.:Unit No.201,205,207, 2nd floor, Vardhman Crystal Plaza, CD-Block, Pitampura, New Delhi,Contact Person:Manoj,Ph:011 - 27315159, 27314303;Chugh Securities Pvt. Ltd.:01/9277, West Rohtash Nagar, Shahdara, New Delhi,Contact Person:Arun Aggarwal,Ph:9811277210;Chugh Securities Pvt. Ltd.:4 / 5823, Dev Nagar, Karol Bagh, New Delhi - 110005,Contact Person:Rajesh Aggarwal,Ph:9811368018;Chugh Securities Pvt. Ltd.:207 BHERA ENCLAVE, OUTER RING ROAD, PASCHIM VIHAR, NEW DELHI,Contact Person:Nitin Khanna,Ph:9810045954;Enam Sec - Gogia Capital Services Ltd:B-4/51,Safdar Jung Enclave110029Ph:011 - 41654141;ENAM SECURITIES PVT LTD:M-39, IIND FLOOR, OUTER CIRCLE,OPP.SUPER BAZAR, CONNAUGHT PLACE110001Ph:011 - 49811200/201;Fortune Equity Brokers (India) Ltd.:A-71, 7TH FloorHimalaya House, 23, Kasturba Gandhi Marg,New Delhi - 110001,Contact Person:Mr.Pranav Kumar / Mr.Sunder,Ph:-;HDFC Securities Ltd.,GE Sagar Plaza Building, District Centre Laxmi Nagar, New Delhi- 110092 ,P-011 - 45152780/81;HDFC Securities Ltd.,Ambe tower,sector-9 Rohini Delhi,P-011 - 49816801 - 16;HSBC InvestDirect Securities (India) Ltd,G - 39 Connaught Circus New Delhi - 110001,Contact:Arif Jamal,P-011 23318205 / 51524100-05;Indiabulls Securities Ltd.,N-33/1 TON-33/4,MALHOTRA BUILDING,MIDDLE CIRCLE,F-60,IIND FLOOR CONNAUGHT PLACE,NEW DELHI-110001.,Contact:LOKESH MALHOTRA;Indiabulls Securities Ltd.,1A,HAMILTON HOUSE,1ST FLOOR,CONNAUGHT PLACE,NEWDELHI-110001,Contact:JYOTI SONI;Indiabulls Securities Ltd.,MARKET WIZARD SECURITY LTD,301-303,AMBA TOWER,COUMUNITY CENTER,NEAR DC CHOWK,ROHNI SEC-9,NEW DELHI-110085,,Contact:RAJEEV SHARMA;JM Financial Ltd.:114 Himalya House, K G Marg, 11th Floor, New Delhi 110 001Ph:(011) 4130 5000;KARVY STOCK BROKING LTD,110-112, 1ST FLOOR, SUNEJA TOWER,I DISTT. CENTRE, JANAK PURI NEW DELHI,NEW DELHI-110058,P-011-25547631 / 25547637 / 41587300 / 41588242;KARVY STOCK BROKING LTD,23, SHIVAJI MARG MAIN,MAIN NAJAFGARH ROAD MOTI NAGAR NEW DELHI,NEW DELHI-110015,P-011-45436371 / 41428501 TO 05 / 41428563 / 32031582;KARVY STOCK BROKING LTD,301, VISHAL BHAVAN,95, NEHRU PLACE,NEW DELHI-110019,P-011-41808123 / 26447065 / 66 / 74;KARVY STOCK BROKING LTD,103, SAVITHRI SADAN - I,,11, COMMUNITY CENTRE, PREET VIHAR,NEW DELHI-110092,P-011-22460976 / 22460978 / 22460949 / 22460952;KARVY STOCK BROKING LTD,402, 4TH FLOOR, VIKRANT TOWER,,RAJENDRA PLACE,NEW DELHI-110008,P-011-41536548 / 41537844 / 41539961 / 62 / 64;KARVY STOCK BROKING LTD,104, 1ST FLOOR, NANDA DEVI TOWERS,PRASHANTH VIHAR, CENTRAL MARKET,NEW DELHI-110085,P-011-27864193 / 27864281 / 27864377;KARVY STOCK BROKING LTD,103, 1ST FLOOR, C.S.C. SECTOR-B, POCKET 8&9,,OPP G D GOENKA PUBLIC SCHOOL, VASANT KUNJ,NEW DELHI-110070,P-011-41787156 / 41787158 / 41787155 / 41787159-161;KARVY STOCK BROKING LTD,UG-29,ANSAL CHAMBER-1,BHIKAJI CAMA PLACE-110066,P-011-41659722 / 41659723;KARVY STOCK BROKING LTD,105-108, ARUNACHAL BUILDING,19, BARAKHAMBA ROAD, CONNAUGHT PLACE,NEW DELHI-110001,P-011-23324401 / 43509200 / 23324409;KARVY STOCK BROKING LTD,B 2, DDA MARKET SHOP NO.50,PASCHIM VIHAR NEW DELH,PASCHIM VIHAR-110063,P-011-42321024 / 42321392 / 25263902 / 03;KiFS Securities Ltd.:INVIVCIBLE SECURITIES,S-1, 2ND FLOOR,MANISH ABHINAV PLAZA,PLOT-11 SEC-4,DWARKA,NEW DELHI -75,Contact Person:Dinesh kapoor,Ph:09818039607;Kotak Securities Ltd., :202-217, 2nd Floor, Ambadeep Building, 14, Kasturba Gandhi Marg, New Delhi-110 001 Tel:66313131; ;PELF Finstock Ltd:11th Floor, Aggarwal Millenium Tower II, Netaji Subhash Place, Pitampura, Delhi - 110034,Contact Person:Pradeep Aggarwal,Ph:011-47001200/1300;Prabhudas Lilladher Pvt Ltd:Plot No.36, Rama Road, Kirti Nagar, Industrial Area, New Delhi-110015,Contact Person:Mr. Arun Bansal,Ph:011-42900500/503;Religare Securities Ltd:G-16, MARINE ARCADE, CONNAUGHT PLACE,NEW DELHI – 110001,Contact Person:Sandeep Kumar Goswami,Ph:-;RR Investors Capital Servics Pvt. Ltd. 47, M.M. Road, Rani Jhansi Marg, Jhandewalan, New Delhi – 110055Ph:9312940483;Sharekhan Ltd:39, First Floor, Samyak Tower, Near Metro Pillor No. 120, Pusa Road, New Delhi - 110005,Contact Person:Mr. Hemendra Agarwal.,Ph:011-45117000 ;Sharekhan Ltd:94, Darya Ganj, ,Ground Floor,,L2 - 110002,Contact Person:Tarun Bansal,Ph:011- 23288539 / 23243131;Shri Parasram Holdings Pvt. Ltd.:Gupta Chambers, 2nd Floor, B-7, Nimbri Shopping Center, Bharat Nagar, Ashok Vihar, Phase IV, Delhi-110052,Contact Person:Mahesh Kaushik,Ph:9899453453;Shri Parasram Holdings Pvt. Ltd.:402/403, 4th Floor, Agarwal Chamber Plaza, Netaji Subhash Place, Pitampura, Delhi-110088,Contact Person:Rajneesh Jain,Ph:9310544002;SMC GLOBAL SECURITIES LTD:17, NETAJI SUBHASH MARG OPP GOLCHA CINEMA DARYAGANJ, New Delhi-02Ph:9810769777;SMC GLOBAL SECURITIES LTD:11/6B, 1st FLOOR PUSA ROAD, NEW DELHIPh:011-30111333;SPA SECURITIES LTD:25, C Block, Community Center, Janakpuri New DelhiPh:011-25517371 / 25515086;SS Corporate Securities Ltd:NDM-2,D-Block, NetajiSubhash Place Pitampura, Delhi,Contact Person:SUNIL KUMAR GUPTA, Ph:09811409143;Systematix Shares & Stocks (I) Ltd :I-109, 10th Floor, Himalaya House,23,K.G.Road, Connaught Place, New Delhi- 110001Ph:011- 43080808 /32451521.;Ventura Securities Ltd:G-8, a-23, Green Park, (Main), Main Aurobindo Marg, Besides Free Church, New delhi-110026, Ph:011-51755195/6/7/8;Bonanza Portfolio Ltd:D - 2/202, Vikash Chambers, Central Market, Prashant. Vihar, -110085,Contact Person:Munish,Ph:011-27861253;Bonanza Portfolio Ltd:3530, Netaji Subhash Marg, 2Nd Floor, Daryaganj,-110002,Contact Person:Sanjay,Ph:011-23286563;Bonanza Portfolio Ltd:17, Kailash Enclave,-110048,Contact Person:Vishal,Ph:011-26225503;Bonanza Portfolio Ltd:894/ B-18, Mahauli-110030,Contact Person:Yogesh,Ph:011-26645231;Bonanza Portfolio Ltd:501, Krishna Gali, Katra Neel, Chandani Chowk,-110006,Contact Person:Anil Mehra,Ph:011- 23919899;Bonanza Portfolio Ltd:M/A Nirmal Securities, J-5/1, Krishan Nagar-110051,Contact Person:Atul,Ph:011-22025024;Bonanza Portfolio Ltd:S-14, Dda Shopping Complex, Near Icici Bank, Mayur Viharphase- 1-110091,Contact Person:Mukesh,Ph:011-22795601;Bonanza Portfolio Ltd:B-231/C, Greater Kailash , Part - 1,-110048,Contact Person:Rageev,Ph:011-51634502;Bonanza Portfolio Ltd:146, Sector - A, Pocket - C, Vasant Kunj, -110070,Contact Person:Rahul,Ph:011-26121745; Panjim: Anand Rathi, Trimurti Building, 1st Floor.Near Hotel Nova Goa Panaji Goa 403001,Contact Person:Maruthi Bhosale,Ph:9326142681;HDFC Securities Ltd.,Minum Residency, Above HDFC Bank, 18th June, Panjim, Goa - 403001.,P-0832-6632802/3/4/5;KARVY STOCK BROKING LTD,18,19,20, CITY BUSSINESS CENTRE, COEL HO PEREIERA BUILDING,DADA VIADYA ROAD, OPP JAMA MASZID ROAD,PANJIM-403001,P-0832-2.42687024268712; Patna: Bonanza Portfolio Ltd :202, Kannu Lal Complex, 2nd Floor, Budh Marg, Patna,-80001,Contact Person:SUDHIR SINHA,Ph:-;Enam Sec - Gogia Capital Services Ltd:Sikender Manzil, Fraser Road800001Ph:0612 - 235153/236668;Eureka Stock & Share Broking Services Ltd:408,Ashiana Hariniwas,Dak Bunglow Road,Patna-800001,Contact Person:Vijay Kumar Khemka,Ph:(0612) 2231 1552/2381;HDFC Securities Ltd.,Grand Plaza, Frazer Road, Patna 800 001,P-0612 - 2216422 to 27;KARVY STOCK BROKING LTD,ANAND TOWER, 2ND FLOOR, EXHIBITION ROAD,NEAR REPUBLIC HOTEL, OPP: ICICI BANK,PATNA-800001,P-0612-2321354 / 56 / 57;Motilal Oswal Securities Ltd:504 Ashaiana Plaza Budh Marg Patna 800001Ph:9334424678;Shri Parasram Holdings Pvt. Ltd.:Ashiana Business Center, Near Apsara Cinema, Exhibition Road, Patna-800001,Contact Person:Mr. Surendra Kumar Rungta,Ph:9334863791; Pune: Anand Rathi, Deccan Pride, 3rd Floor, Deccan Gymkhana, Pune – 04,Contact Person:Rupali Pakhale,Ph:9595620256;Angel Broking Ltd.,2nd Floor, Dealing Chambers, Above Portico Restaurant, J.M.Road, Pune - 411 005,Contact:Trupti Swaroop,P-020 - 25530912;Bonanza Portfolio Ltd :BADJATE & ASSOCIATES, Konark classic, flat no.D-2, 1st floor,21/4/5, bund garden road, pune-411001. , Tel no.(0212)6291080910.,Contact Person:Mr. Sanjay Badjate,Ph:020-56014141/ 2/ 3;Bonanza Portfolio Ltd :Shop No.167 / 2, Wagholi Road Pune, Near Washing Centre, Lohagaon, Pune - 411047,Contact Person:Binod Kumar Rai,Ph:-;Bonanza Portfolio Ltd :OFFICE NO.1,AUM HERMITAGE,BOMBAY SAPPERS COLONY, OPP CHANDAR NAGAR WATER TANK,WADGAON SHERI,PUNE-14,Contact Person:SACHIN H UMARDAND,Ph:9028952702/ 020 66307543;Bonanza Portfolio Ltd : Flat No.18, Niyoshi Park-2, Sanghvi Nagar, Aundh, Pune 411007,Contact Person:Sanjay Badjate,Ph:-;Bonanza Portfolio Ltd :Office No. 5, 2nd floor, Mittal Chambers, J.M. Road, Opp. Surabhi Hotel, Shivaji Nagar, Pune- 411005,Contact Person:Nitin Apte,Ph:9371204908;Centrum Broking Pvt. Ltd.:401 B & C, City Point,17 Boat Club Road,Pune - 411 001,Contact Person:Mr. R Ramakrishnan,Ph:020 30547233;ENAM SECURITIES DIRECT PVT LTD:101 & 102, SILVER PRESTIGE, 1ST FLOOR, OPP. MCCIA, TILAK ROAD, SWARGATE411002Ph:020 - 30205492/ 93;ENAM SECURITIES PVT LTD:1248A, ASMANI PLAZA, GROUND FLR.,GOODLUCK CHOWK, DECCAN GYMKHANA, SHIVAJI NAGAR411004Ph:020 - 25521606/406;HDFC Securities Ltd.,Law College Road, Shivaji Nagar, Above HDFC Bank, Pune - 411004,P-020-25663567/68/69/70, 41200066/67/68/69/70/71/72/73;HDFC Securities Ltd.,Lotus Court,Pune Satara Road, Above Kaka Halwai,Pune - 411009,P-020 - 24230231/2/3/4/5 ;HSBC InvestDirect Securities (India) Ltd,33/15 Prashant Bunglow, Opp. Garware College, Karve Road, Pune - 411004,Contact:Amar Wable,P-9520 4020000;Indiabulls Securities Ltd.,NO.101,1ST FLOOR,ABHIJIT COURT,(ABOVE TRUE MART),BHANDARKAR ROAD,PUNE,MAHARASTRA,Contact:DHANANJAY KUMAR;JM Financial Ltd.:205 Business Guild , Opp Krishna Dinning Hall, Law College Road, Erandawane, Pune 411 004Ph:(09520) 3987 1600;JOINDRE CAPITAL SERVICES LTD:2065 Sadashiv Peth, Gangavatran Road Near S.P., College, Pune ,Contact Person:Mr. Prashant Dyaga,Ph:-;KARVY STOCK BROKING LTD,OFFICE NO.6, THIRD FLOOR, RACHANA TRADE ESTATE,LAW COLLEGE ROAD, NEAR SNDT CIRCLE, CTS NO.105, ERANDWANE,PUNE-411033,P-020-2541053609860790000;KARVY STOCK BROKING LTD,RAMEERA TOWERS, 130 / 24,PCMTDA,TILAK ROAD, NIGIDI,PRADHIKARAN,PUNE-411044,P-020-27659115;KARVY STOCK BROKING LTD,SHOP NO.3 & 4, ASHWINI PALACE,NEAR KEDARI PETROL PUMP,WANOWARIE-411040,P-020-26850842, 43,65610451,52,53 454;KiFS Securities Ltd.:64,RAJANI BUNGLWO SHIVAJI HOUSING SOC OFF SENAPATI BAPAT ROAD B\h ICC TOWER Chatur Surangi Pune - 411016,Contact Person:SACHIN PATIL,Ph:020-65601850;Prabhudas Lilladher Pvt Ltd:C/o.Yogesh J Shah 114/ A - Behere Arcade,1st Floor, Prabhat Road, Erandwana, Pune - 411 004,Contact Person:Mr. Sathe,Ph:9520-25459245;Sharekhan Ltd:301, Millenium Plaza, 3rd Floor, ,Opp Fergusson College main Gate, ,Fergusson College Road,Shivaji Nagar,L2 - 411004,Contact Person:Ms. Sujatha Raman/ Mr.Manjeet Khair,Ph:020 - 66021301-06;Ventura Securities Ltd:347-A, AFL House, Off.Dhole Patil, Pune 411001, Ph:95206512220/1; Raipur: Anand Rathi,LAL GANGA SHOPING MALL ,SHOP NO – 229 – 232,2ND FLOOR G.E. ROAD RAIPUR (C.G.) - 492001,Contact Person:Vipul Kothari ,Ph:9300454549;HDFC Securities Ltd.,Near. Pachpedi Naka, Dhamtari Road , Raipur - 492001 ,P-0771-2274200/2272288/ 2272266;JOINDRE CAPITAL SERVICES LTD:206, Rishabh Complex, 2nd floor,M G Road, Raipur,Contact Person:Mr. Vinesh Golchha,Ph:-;KARVY STOCK BROKING LTD,LOWER LEVEL-02& 03, MILLENNIUM PLAZA,,NEAR INDIAN COFFEE HOUSE, G E ROAD,RAIPUR-492001,P-0771-2236694,96 ,4039320;Prabhudas Lilladher Pvt Ltd:C/o.Khemka Investment, Gudhiyari, Raipur - 492 009,Contact Person:Mr. Ajay Kumar Khemka,Ph:0771-2524281, 2523889;Prabhudas Lilladher Pvt Ltd:C/o. Arham Securities, 140 Mahalakshmi Market, Pandri, Raipur - 492 004,Contact Person:Mr. Dhiraj Jain,Ph:0771 - 4000011/12;Ventura Securities Ltd:off.No.23, Pushpak Apt. Opp.Govt. School, Raipur-492001, Ph:0771-2229257; Rajkot: Amrapali Capital And Finance Services Ltd:1st floor, Maruti Arcade, Near Amrapali Railway Crossing, Raiya Road, Rajkot.Ph:(0281),3040639;Angel Broking Ltd.,515-Star Chamber,Harihar Chowk,Rajkot-360001,Contact:Ravi Purohit,P-099241 13149;ANS PVT.LTD :Arham Financial Centre, Panchnath Main Road, Harihar Chowk, Rajkot-36001,Contact Person:Bhavesh N. Sheth,Ph:0 281 - 2450745;Bonanza Portfolio Ltd :201, Saket Plaza, Panchnath Mandir Main Road, Harihar Chowk- Rajkot- 360001,Contact Person:Anand Baldev,Ph:9898837837;Enam Sec - Anil Dhulia:Saket Plaza, 1st Flr., Dr Radhakrishnan Rd,Harihar Chowk360001Ph:0281 - 2224324/2234719;Enam Sec - ANS Pvt Ltd-Arham Fin Centre:Panchnath Main Road, Harihar Chowk360001Ph:0281 - 2450745;Enam Sec - Marwadi Shares & Finance:Marwadi Financial Centre, 150 Ft Ring Road, Nr Nana Mava Main Road, 360004Ph:0281 - 3011195;ENAM SECURITIES DIRECT PVT LTD:308, 3RD FLOOR, TOWAR COMMERCIAL COMPLEX,JAWAHAR COMPLEX,NEAR GALAXY HOTEL360001Ph:0281 - 2226383/384;Fortune Equity Brokers (India) Ltd.:5, Asia House,Swastik Cross Road,Near Pizza Hut, Navrangpura,Ahmedabad - 380 009, Gujarat,Contact Person:Hitesh Turakhia,Ph:-;HDFC Securities Ltd.,Alfred School, Jawahar Road, Rajkot -360 001,P-0281-2232181-82 & 6643800- 01-02-03;HSBC InvestDirect Securities (India) Ltd,102, Jahnavi Complex, 1st floor, Dr. Rajendra Prasad Road, Opp Panchnath Temple, Rajkot - 360001,Contact:Biren Padaliya,P-0281 2452798;JM Financial Ltd.:202 Solitaire, 2nd Floor, Swami Vivekanand Marg, Near Municipal Commissioner Bunglow, Ramkrishna Nagar, Rajkot 360 007Ph:(0281) 3984 000;Jobanputra Fiscal Services Pvt. Ltd.:Aadinath Towers,F, Ground Floor,,Opp. Akashwani,Rajkot- 360001Ph:0281-2478554;Jobanputra Fiscal Services Pvt. Ltd.:508, Aalap,,Subhash Road,,Limbada Chowk,Rajkot- 360001Ph:0281-2480501;KARVY STOCK BROKING LTD,104, SIDDHIVINAYAK COMPLEX,,DR. YAGNIK ROAD, OPP. RAMKRISHNA ASHRAM,RAJKOT-360001,P-0281-2.46562524656276E+20;KiFS Securities Ltd.:206,”SOLITAIRE”,150 F.T.RING ROAD,ABOVE JADE BLUE,NEAR BIG BAZAR,KALAWAD ROAD.,Contact Person:DIPEN,Ph:9824051400;MATALIA STOCK BROKING PVT. LTD.:”Matalia House”, 21 New Jagnath, Near Jain Bhuvan, Rajkot - 36001,Contact Person:Mr. Rupesh C. Matalia,Ph:0281- 2466387, 2460014, 2692227, 5520498, 5542968;Nitinparikh & Co.:C/O Shreeram Finsec Pvt. Ltd, 334-35-36 Star Chambers, rajkotPh:(m) 0 99090 17435;Sharekhan Ltd:102/ 103,Hem Arcade,,Opp Vivekanand Statue,,Dr Yagnik Road,L2 - 360001,Contact Person:Mr. Malay Popat,Ph:0281-2482483- 85;VIREN M. SHAH:RAJ-ANKIT, OPP PANCHNATH MAHADEV MANDIR, Dr. RAJENDRA PRASAD ROAD, NEAR AMUL ICECREAM, RAJKOT - 360 001.,Contact Person:VIREN M. SHAH,Ph:0281-2467224;Vora Finstock Pvt. Ltd.,Chunilal Mansion, 2, Panchnath Plot, Rajkot - 360001,Contact:Prashant Vora,P-0281-2240565; Ranchi: Anand Rathi, 5th Flr,M.P.Tower Sarada Babu Street Line Tank Road,Upper Bazar,Ranchi-834001,Contact Person:Chandra Bhushan ,Ph:0651-3350211;Bonanza Portfolio Ltd :301,sri ram neotia arcade, lalpura chowk, 3rd floor, H.B.road, ranchi-834001,Contact Person:Ankit,Ph:9825303389;Eureka Stock & Share Broking Services Ltd:G-2,Qtr,Shree Gopal Complex,Court Road,Ranchi-834001,Contact Person:Murari lal Agarwal,Ph:(0651) 2200230/2209646;KARVY STOCK BROKING LTD,203,”COMMERCE TOWERS”, 2ND FLOOR,BESIDE MAHABIR TOWERS , MAIN ROAD,RANCHI-834001,P-0651-2330386, 2330394, 2330320;Motilal Oswal Securities Ltd:31/34, 2nd Floor A.C. Market,GEL Church Main Road Ranchi 834001Ph:0651- 2317500;Prabhudas Lilladher Pvt Ltd:C/o Anant Investments, Unit 202, 2nd Floor, Girdhar Plaza, Harmu Road, Ranchi - 834 001 ,Contact Person:Mr. Amit Gupta,Ph:0651 – 6453395; Surat: Anand Rathi,Hni Branch G/2, International Trade Centre, Majuragate, Surat - 395001,Contact Person:Vaishakhi Trivedi,Ph:9574005663;Angel Broking Ltd.,202, Empire State Bldg. Ring Road, Surat - 395 002,Contact:Pooja Chauhan,P-5514545 / 790 - 797;Bonanza Portfolio Ltd :G-3 ITC Bldg,Majura Gate, Ring Road, surat - 395003,Contact Person:Chintan,Ph:9825138382;Enam Sec - Jhaveri Securities:526/527, 1st Floor, World Trade Centre, Ring Road;HDFC Securities Ltd., Kashi Plaza, Near Children Hospital,Manjura Gate, Surat - 395002,P-0261-4004604-05-06 & 6648901-02-03-04;HSBC InvestDirect Securities (India) Ltd,Netgain Commodity Trading Pvt Ltd,409 Super Tax Towers,Opp.Kinnery Cinema, Ring Road, Surat - 395002,Contact:Omprakash Singh,P-261232342;HSBC InvestDirect Securities (India) Ltd,Rajmal Lakhichand Jewellers Pvt Ltd, 124, Ward No 13a Umra, 2nd Floor, Krishna Vila Wadi, Opp. Pizza Hut, B/S Andhajan School, Ghod dod road,Surat - 395001,Contact:Avni Randeria,P-0261-3048895 ;JM Financial Ltd.:407, 4th Floor, 21 Century Business Centre, Near Udhna Char Rasta, Ring Road,Surat 395 002Ph:(0261) 3984 014;KARVY STOCK BROKING LTD,G-16, EMPIRE STATE BUILDING, NEAR UDHANA DARWAJA,RING ROAD,SURAT-395002,P-0261-3017155 - 52;KiFS Securities Ltd.:304,21 CENTURY RING ROAD,SURAT,Contact Person:Bhadresh Patel,Ph:9724329991;Kotak Securities Ltd., :Kotak House, K G Point, 1st Floor, Nr.Ganga Palace, Opp.IDBI Bank, Ghoddod Road, Surat-395007.Tel:0261-5532333/ 2254553; ;Prabhudas Lilladher Pvt Ltd:UG-6 & 7, Ascon Plaza, B/h Bhulka Bhavan School, Anand Mahal Road, Adajan, Surat - 395009,Contact Person:Mr.Bhavik Panwala,Ph:0261-3043168/169;Prabhudas Lilladher Pvt Ltd:M-5-6-7, Empire State, Ring Road, Surat -395002,Contact Person:Mr. Pradeep Gupta,Ph:Tel : 0261-4007556-557;Prabhudas Lilladher Pvt Ltd:C/ o.Jayesh Kevadiya G-12, Opera House, B/h.Super Diamond Market, Minibazar, Varacha, Surat -395006,Contact Person:Mr. Jayesh Kevadiya,Ph:0261 - 3043116/6116; Prabhudas Lilladher Pvt Ltd:C/o B.R.Investment, 12/977 Lalgate, Khanbazar, Surat-395003,Contact Person:Mr. Maulik Shah,,Ph:0261-2426723;Sharekhan Ltd:M-1 to 6,Jolly Plaza, ,Mezzanine Floor, ,Athwa Gate,L2 - 395001,Contact Person:Mr. Zubin Bhatporia / Mr. Rakesh Shah,Ph:0261-2464195 ;Suresh Rathi Securities Pvt. Ltd.:103-104, New TT Market,Ring Road, Surat-395 002Ph:9374714627,0261-2351250; Udaipur: Anand Rathi, 46 Madhuban , Near ICICI Bank,,Contact Person:K.C. Pandya,Ph:9783801001;Bonanza Portfolio Ltd :Plot No. 1, Shikarpur Colony, Behind Collector’s Bungalow, Bhupalpura, Udaipur,Contact Person:Lokesh Paliwal,Ph:9460509229;HDFC Securities Ltd.,Opp. Sukhadia Samadhi Park, Udaipur - 313001, Rajasthan,P-0294-5101701-02-03-04-05-06;HSBC InvestDirect Securities (India) Ltd,Bohra Pratishtan Pvt Ltd. Mr. Hemant Bohra 301 Anand Plaza University Road Udaipur- 313001,Contact:Anupam Verma,P-0294-5102939/49/2429510 / 09352793322;KARVY STOCK BROKING LTD,201-202, MADHAV CHAMBERS,OPP: GPO MADHUBAN,UDAIPUR-313001,P-0294-5101601 / 5101602 / 5101603;Suresh Rathi Securities Pvt. Ltd.:Anand Plaza, University Road,Ayed Bridge, Udaipur – 313001Ph:93525 27021,0294-2429505; Vadodara: Amrapali Capital And Finance Services Ltd:306, Silverline Complex, Opp BBC Tower, Sayajiganj, Baroda - 390005Ph:(0265) 2225599;Anand Rathi, 104-106,Capri House II, 15-A Sudhanagar Society, Jetalpur Road, Vadodara - 390 006,Contact Person:Hina Nayar,Ph:9574005646;Angel Broking Ltd.,2nd Floor, Haribhakti House, Opp.Kalaghoda Sayajiganj, Baroda-390005,Contact:Kiran Bhalekar,P-0265-5524280/2226103;Bonanza Portfolio Ltd :Office No.1, 1st Floor, Sheel Commercial Complex, Racecourse Road, Ellora Park, Baroda – 390007,Contact Person:S K Rungta/ Ankit,Ph:9825303389;Centrum Broking Pvt. Ltd.:122 Dwarkesh Complex, R C Dutt Road, Baroda - 390 007.,Contact Person:Mr. Nikunj Amin,Ph:-;Enam Sec - Jhaveri Securities:136,Paradise Cmplx., SayajigunjPh:0265 - 2362027;Enam Sec - Jhaveri Securities:301/302, Payal Complex-II, SayajigunjPh:0265 - 2362027;Enam Sec - Kamlesh D Joshi:57/58, Payal Complex, Opp. Stock Exchange, Sayaji Gunj390005Ph:0265 - 2361183/2362057;Enam Sec - Mukesh D Joshi:11, Payal Complex, Opp. Stock Exchange, Sayaji Gunj390005Ph:0265 - 2363838/2434;ENAM SECURITIES DIRECT PVT LTD:GF 9, SILVERLINE TOWERS, OPP BBC TOWERS,SAYAJIGANJ390005Ph:0265 - 3026945/46;ENAM SECURITIES PVT LTD:642 FORTUNE TOWERS, SAYAJIGANJ390005Ph:0265 - 2225412;Fortune Equity Brokers (India) Ltd.:No.1 & 2,Marutinandan Complex,Jawahar Road,Rajkot - 360001,Contact Person:Bhavesh Bakhai,Ph:-;HDFC Securities Ltd.,Off Padra Road, Akota, Above HDFC Bank, Opp. Tube Company, Vadodara - 390020 ,P-0265-2355791-98, 2353418-19-20;HSBC InvestDirect Securities (India) Ltd,141/144 Siddharth Complex, 1 st Floor ,R C Dutt Road, Alkapuri, Baroda - 390 005,Contact:Madhav Pandya,P-0265 2327093 / 94;JM Financial Ltd.:G1Ground Floor, Shohan, 49 Alkapuri Society, Opp. HDFC Babk, Alkapuri, Vadodara 390 007Ph:( 0265) 3984300;JOINDRE CAPITAL SERVICES LTD:509, Blue Chip Towers, Sayaji Gunj, Baroda, Gujarat,Contact Person:Mr. Suresh Sisodia,Ph:0265-2361094;KARVY STOCK BROKING LTD,FF - 4, SHITAL PLAZA, UDAYNAGAR SOCIETY,NEAR MAHAVIR HALL,AJWA ROAD-390019,P-0265-2513508 / 09 / 2510318;KARVY STOCK BROKING LTD,1/2/3, JALANAND TOWNSHIP,NEAR UNDERA JAKAT NAKA,GORWA-390016,P-0265-3240300, 2266136;KARVY STOCK BROKING LTD,SB-3 & 4, AMARAPALI COMPLEX, NEAR MUKTHANAND BUS STAND,WATER TANK ROAD, KARELIBAUG,VADODARA-390018,P-0265-2463783,84,2493048,9725013178 / 79,9974079290;KARVY STOCK BROKING LTD,FF11-12, RUTUKALASH ,TULASIDHAM CHAR RASTA, MANJALPUR,VADODARA-390 011,P-00265-9725055783 / 9725010695 / 96;KARVY STOCK BROKING LTD,GF-11, ALIAN COMPLEX,NEAR DEVDEEP COMPLEX,NIZAMPURA-390002,P-0265-320988, 3241301,2750462;KARVY STOCK BROKING LTD,T-2, 3RD FLOOR “SAVOY” COMPLEX, HARIBHAKTI EXTN,,OPP. ABS TOWER, OLD PADRA ROAD,VADODARA-390007,P-0265-6456183 / 6456186 / 6456187,3083000,01,02;KARVY STOCK BROKING LTD,38, PAYAL COMPLEX,NEAR FORTUNE TOWERS,NEAR VADODARA STOCK EXCHANGE LTD,SAYAJIGUNJ-390005,P-0265-22251692361182;KARVY STOCK BROKING LTD,FF4, CHANAKYA COMPLEX, ,HIGH TENSION CHAR RASTA, SUBHANPURA,VADODARA-390 007,P-00265-3259056, 3244634;KiFS Securities Ltd.:2nd,PAYAL COMPLEX, NR.FORTUNE TOWER,DALAL STREET,SAYAJIGUNJ.,Contact Person:RUSHIKESH AKHANI,Ph:9537122188;Prabhudas Lilladher Pvt Ltd:F-1, Vaikunth Complex, 1st Floor, 27 Anand Nagar Society, Productivtiy Road, Alkapuri, Vadodara - 390 005,Contact Person:Mr. Mukesh Sheth,Ph: 0265 - 2320568 / 5584774;RR Investors Capital Servics Pvt. Ltd. 222,Dutta Road.,Alkapuri,Ph:9327037109; Sharekhan Ltd:6-8/12,Sakar Complex,1st Floor,,Opp ABS Tower,,Haribhakti Extension,Old Padra Road,L2 - 390015,Contact Person:Mrs.Anahita Vora / Mr.Nirav Patel,Ph:0265 - 2322938 ;Ventura Securities Ltd:R.No.232, Paradise Complex, sayajigunj, Baroda - 390005, Ph:0265-2362399; Visakhapatnam: ;HSBC InvestDirect Securities (India) Ltd,T- C-2 Block, 303 B 3rd Floor Dwaraka Plaza, Dwaraka Nagar, Vishakhapatnam- 530016,Contact:,P-0891 5546648 / 49;JM Financial Ltd.:Door No 9-1-224/4/3, 1st Floor, Nandan Nirman, CBM Compound, Near Rama Talkies Junction, Visakhapatnam - 530 003Ph:(0891) 3983 800;KARVY STOCK BROKING LTD,47-14-5/1, ESWAR PARADISE,DWARAKA NAGAR MAIN ROAD,VISHAKAPATNAM-530016,P-0891-2752915 to 18;KARVY STOCK BROKING LTD,DOOR NO.181/21, JHAALA COMPLEX,N H 5 ROAD,GAJUWAKA-530026,P-0891-2511685, 2511686,2511681;STEEL CITY SECURITIES LTD:Visakhapatnam,50-92-35, Shantipuram,Visahkapatnam 530016,Contact Person:K RAJESWERA RAO,Ph:- BANKERS TO THE ISSUE AND ESCROW COLLECTION BANKS AXIS BANK LIMITED, ICICI BANK LIMITED, HDFC BANK LIMITED

INVENTURE GROWTH & SECURITIES LIMITED 15 C K

THIS BOOK CONSISTS OF 16 PAGES INCLUDING FORM 2A, PLEASE ENSURE THAT YOU GET ALL PAGES 100% BOOK BID REVISION FORM INVENTURE GROWTH & SECURITIES LIMITED - PUBLIC ISSUE - NR - ISSUE PUBLIC - LIMITED SECURITIES & GROWTH INVENTURE BUILT ISSUE FOR ELIGIBLE NRIs, APPLYING ON INVENTURE GROWTH & SECURITIES LIMITED A REPATRIATION BASIS Our Company was incorporated at Mumbai on June 22, 1995 as “Inventure Growth & Securities Limited” under the Companies Act, 1956, with registration number 11-89838 of 1995. The corporate identification number of our Company is U65990MH1995PLC089838. Registered Office: Viraj Towers, 201, 2nd Floor, BID/ISSUE OPENS ON : WEDNESDAY, JULY 20, 2011 Near Landmark, Western Express Highway, Andheri (E), Mumbai – 400 069, Maharashtra, India. Website: www.inventuregrowth.com; Company Secretary BID/ISSUE CLOSES ON : FRIDAY, JULY 22, 2011 and Compliance Officer: Ms. Bhavi Gandhi; Tel No.: +91 22 3954 8500; Fax No.: +91 22 4075 1535; E-mail:[email protected]. For further details of our Company and changes in our Registered Office, please refer to the chapter titled ‘History and Certain Corporate Matters’ beginning on page Bid cum Application 131 of the Red Herring Prospectus. Form No. (PLEASE READ THE INSTRUCTIONS CAREFULLY BEFORE FILLING THIS FORM) Date : ______, 2011 PUBLIC ISSUE OF 70,00,000 EQUITY SHARES OF ` 10 EACH OF INVENTURE GROWTH & SECURITIES LIMITED (‘IGSL’ OR THE ‘COMPANY’ OR THE ‘ISSUER’) FOR CASH AT A PRICE OF ` [] PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF ` [] PER EQUITY SHARE) AGGREGATING TO ` [] LAKHS (THE ‘ISSUE’). THE ISSUE WILL CONSTITUTE 33.33% OF THE FULLY DILUTED POST ISSUE PAID UP CAPITAL OF THE COMPANY. Capitalised terms used and not specifically defined shall have the same meaning assigned to them in the Red Herring Prospectus (“RHP”). All references to page numbers in the Bid Cum Application Form correspond to the Red Herring Prospectus. IPO GRADING:IPO The IssueGrading has been gr:aded IPOThis by FitchGrading Issue Ratings India has: PrivateThis been Limited Issue graded ("Fitch") has and byICRAbeen Limited,Credit graded credit Analysis rating by agencies CARE. and registered ResearchCARE with the Securitieshas Limited assigned and Exchange and Board"CARE has of India been ("SEBI").IPO assignedGRADE Fitch has assigned 2", a a indicatinggradegrade of 2 (ind)of out2/5 belowof a maximumindicatin average of 5 (ind)g indicatingbelow fundamentals belowaverage average fundamentals, fundamentals. through its letter dated September 8, 2010.ICRA has assigned this Issue "2" indicating below average fundamentals through its letter dated July 7, 2011.For details of the grading of the Issue, please refer to the chapter titled "General Information" beginning on page 42 of the Red Herring Prospectus. MEMBER OF THE SYNDICATE'S BROKER’S/AGENT’S SUB-BROKER’S/SUB-AGENT'S BANK BRANCH BANK BRANCH REGISTRAR’S STAMP & CODE STAMP & CODE STAMP & CODE STAMP & CODE SERIAL NO. SERIAL NO.

To , Cheques/Demand Drafts to be drawn in favour of : THE FACE VALUE OF EACH EQUITY SHARE IS ` 10 EACH. The Board of Directors In case of Non Resident Bidders: - “Escrow Account – Inventure Public Issue- NR” INVENTURE GROWTH & SECURITIES LIMITED THE PRICE BAND SHALL BE ` 100 TO ` 117 AND RETAIL INDIVIDUAL BIDDERS CAN BID AT “CUT-OFF PRICE” AND IN CASE OF SUCH Viraj Towers, 201, 2nd Floor, Near Landmark, Western LOT SIZE 50 SHARES. BIDS PAYMENT SHOULD BE MADE AT “CAP PRICE” Express Highway, Andheri (E), Mumbai - 400 069, Maharashtra, India. ALLOTMENT WILL BE IN DEMAT MODE ONLY THE FLOOR PRICE IS 10 TIMES OF THE FACE VALUE For Payment instructions please refer Instruction No. 50 Dear Sirs, AND CAP PRICE IS 11.7 TIMES OF THE FACE VALUE. I/We apply for revision of my/our bidding option(s) as per the details given below: I/We confirm that the Transaction Registration Slip (TRS ) for my/our bids are enclosed for the revisions which are being requested. I/We agree to be bound by all the terms & conditions mentioned in the Bid cum Application Form submitted earlier by me/us. Note : The earlier bid details have to be mentioned in the same sequence as mentioned in the Bid cum Application Form submitted earlier and specify the revised Bid. In case no revision is sought for any of the Bid options, either mention the old Bid option or write “NO CHANGE”. In case you want to cancel the Bid option, write “CANCELLED”. PLEASE CHANGE MY BID FROM (as per last Bid or Revision)

No. of Equity Shares (Bids must be in multiples of 50 Equity Shares) [Refer Instruction No. 30] Price per Equity Share (`)/ "Cut-off" (Price should be in multiples of ` 1/- only) (Decimals not allowed) Bid Options (In Figures) (In Words) (` In Figures) (` In Words) Option (1) (OR) Option (2)

(OR) Option (3) OLD BID TEAR HERE TO (Revised Bid) Write "CANCELLED" in case you desire to cancel any or all options

No. of Equity Shares (Bids must be in multiples of 50 Equity Shares) (Refer Instruction No. 30) Price per Equity Share (`)/ "Cut-off" (Price should be in multiples of ` 1/- only) (Decimals not allowed) Revised Bid Options (In Figures) (In Words) (` In Figures) (` In Words) Option (1) (OR) Option (2) (OR) Option (3) REVISED BID “Cut-of price” is price within the price band finalised by the Company in consultation with BRLM. A Bid submitted at Cut-of Price is a valid bid at all levels within the Price Band. Payment amount = Highest amount of above options. (No. of Equity Shares x Price per Equity Share) (In case of Bid at Cut-off Price, No. of Equity Shares x Cap Price). Previous Bid cum Application Form No. PAYMENT DETAILS (Please refer Instruction No. 50) Cheques/Demand Drafts are subject to realisation

Total Amount payable (A) (` in figures) Paid at the time of the original/revised bid (B) (` in figures) Amount payable now (C=A-B) (` in figures)

(` in words)

Cheque Demand Draft No. Dated Drawn on (Bank and Branch)

PLEASE WRITE YOUR BID REVISION FORM NUMBER ON THE REVERSE OF THE CHEQUE/DEMAND DRAFT I/We authorize you to reject this Bid Revision Form in case any of the details of my existing Bids as appearing on the electronic book building system do not tally with the details given in this Bid Revision Form. APPLICANT/BIDDER DETAILS (IN BLOCK LETTERS) (NAME(S) SHOULD BE IN THE SAME ORDER AS IT APPEARS IN THE DEMAT ACCOUNT)

NAME OF SOLE/FIRST APPLICANT Mr./Ms.

NAME OF SECOND APPLICANT Mr./Ms.

NAME OF THIRD APPLICANT Mr./Ms.

Sole/First Applicant’s Signature Second Applicant’s Signature Third Applicant’s Signature (AS REGISTERED IN THE BID CUM APPLICATION FORM LODGED) TEAR HERE INVENTURE GROWTH & SECURITIES LIMITED Date : ______, 2011 TO BE GIVEN BY THE BANKER Registered Office: Viraj Towers, 201, 2nd Floor, Near Landmark, Western Express Highway, (To be filled by the Sole/First Applicant) Andheri (E), Mumbai – 400 069, Maharashtra, India. Website: www.inventuregrowth.com; Company Secretary and Compliance Officer: Ms. Bhavi Gandhi; Tel No.: +91 22 3954 8500; Fax No.: +91 22 4075 1535; E-mail:[email protected].

PLEASE CHANGE MY BID FROM (as per last Bid or revision) Revised TO (Revised Bid) SLIP FOR THE MEMBER ACKNOWLEDGEMENT Bid Options No. of Equity Shares Price per Equity Share (`)/ "Cut-off Price" Bid Options No. of Equity Shares Price per Equity Share (`)/ "Cut-off Price" OF THE SYNDICATE Option 1 Option 1 (OR) Option 2 OLD BID (OR) Option 2 REVISED BID (OR) Option 3 (OR) Option 3

Received From Previous Bid cum Application Form No. Mr./Ms.

Address City Pin Code Bid cum Application Telephone Mobile Form No. Cheque/Demand Drawn on All future communication in connection with Bids made in this Issue should be addressed to the Registrar to the Issue quoting the Banker's Sign. & Stamp full name of the Sole/First Applicant, Bid cum Application Form number, Bidders Depository Account Details, number of Equity Draft No. (Name of the Bank & Branch) Shares applied for, date of Bid cum Application Form, name and address of the member of the Syndicate where the Bid was submitted and payment details thereof at the following address: LINK INTIME INDIA PRIVATE LIMITED, (Unit : INVENTURE GROWTH & SECURITIES LIMITED) C -13, Pannalal Silk Mills Compound, L.B.S Marg, Bhandup (West), Mumbai – 400 078; Tel. No.: +91 22 Dated Amount (`) 2596 0320, Fax No.: +91 22 2596 0329, Email: [email protected], Website: www.linkintime.co.in; Contact Person: Mr. Chetan Shinde; SEBI Registration Number: INR000004058 (Cheques/Drafts are subject to realisation) TEAR HERE Date : ______, 2011 TO BE GIVEN BY THE MEMBER INVENTURE GROWTH & SECURITIES LIMITED OF THE SYNDICATE Registered Office: Viraj Towers, 201, 2nd Floor, Near Landmark, Western Express Highway, Andheri (E), Mumbai – 400 069, Maharashtra, India. Website: www.inventuregrowth.com; (To be filled by the Sole/First Applicant) Company Secretary and Compliance Officer: Ms. Bhavi Gandhi; Tel No.: +91 22 3954 8500; Fax No.: +91 22 4075 1535; E-mail:[email protected].

PLEASE CHANGE MY BID

FROM (as per last Bid or revision) ACKNOWLEDGEMENT

Bid Options No. of Equity Shares Price per Equity Share (`)/ "Cut-off Price" SLIP FOR BIDDER Option 1 Bid cum (OR) Option 2 OLD BID Application (OR) Option 3 Form No.

TO (Revised Bid) Cheque/Demand Drawn on Member of Syndicate's Stamp, (Cheques/Drafts are subject to realisation) Bid Options No. of Equity Shares Price per Equity Share (`)/ "Cut-off Price" Draft No. (Name of the Bank & Branch) Signature, Date & Time of Bid Cum Option 1 Application Form Submission (OR) Option 2 REVISED BID (OR) Option 3 Dated Amount (`) Received From Mr./Ms. All future communication in connection with Bids made in this Issue should be addressed to the Registrar to the Issue quoting the full name of the Address Sole/First Applicant, Bid cum Application Form number, Bidders Depository Account Details, number of Equity Shares applied for, date of Bid cum City Application Form, name and address of the member of the Syndicate where the Bid was submitted and payment details thereof at the following address: LINK INTIME INDIA PRIVATE LIMITED, (Unit : INVENTURE GROWTH & SECURITIES LIMITED) C -13, Pannalal Silk Mills Compound, L.B.S Marg, Telephone Mobile Pin Code Bhandup (West), Mumbai – 400 078; Tel. No.: +91 22 2596 0320, Fax No.: +91 22 2596 0329, Email: [email protected], Website:

www.linkintime.co.in; Contact Person: Mr. Chetan Shinde; SEBI Registration Number: INR000004058 K

Please retain photocopies of this Bid Revision Form for future revisions prior to submitting this form. (Cheques/Drafts are subject to realisation) C