Today December 24, 2010.Singer Finance announced the share allotment for the Initial public offering [IPO]

Basics of allotment of public Category of share allotments

Applications up to and inclusive of 500 shares100% of shares applied
Applications over 500 shares but less than and inclusive of 5,000 sharesA minimum allotment of 500 shares, Plus 5.00% of shares applied over and above 500 shares rounded to the nearest 100 shares
Applications over 5,000 shares but less than and inclusive of 50,000 sharesA minimum allotment of 700 shares, Plus 2.00% of shares applied over and above 5,000 shares rounded to the nearest 100 shares
Application over 50,000 sharesA minimum allotment of 1,600 shares, Plus 0.38085% of shares applied over and above 50,000 shares rounded to the nearest 100 shares

Employee Category and share allotments

Applications up to and inclusive of 25,000 shares100% of shares applied
Application over 25,000 sharesA minimum allotment of 25,000 shares, Plus 2.15% of shares applied over and above 25,000 shares rounded to the nearest 100 shares



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