RED HERRING PROSPECTUS Dated August 24 ... - Globus Spirits

exchange in India only in favour of those entities which are regulated by any relevant regulatory
authorities in the countries of their incorporation or establishment subject to compliance of
“know your client” requirements. An FII or sub-account shall also ensure that no further
downstream issue or transfer of any instrument referred to hereinabove is made to any person
other than a regulated entity.
Bids by NRIs or FIIs on Repatriation basis
Bids and revision to bids must be made:
On the bid cum application form or Revision Form, as applicable, (Blue in colour), and
completed in full in BLOCK LETTERS in ENGLISH in accordance with the instructions
contained therein.
• In a single or joint names (not more than three).
• Bids by NRIs for a Bid amount of up to less than Rs 1,00,000 would be considered under
the Retail Individual Bidders Portion for the purposes of allocation and Bids for a Bid
amount of more than or equal to Rs. 1,00,000 would be considered under Non-
Institutional Bidder Portion for the purposes of allocation; by FIIs or Foreign Venture
Capital Fund, Multilateral and Bilateral Development Financial Institutions for a minimum
of such number of Equity shares and in multiples of 70 Equity Shares thereafter so that
the Bid amount exceeds Rs. 1,00,000; for further details. Please refer to the sub-section
titled “Maximum and Minimum Bid size” on page no. 236 of this Red Herring Prospectus.
• In the names of individuals or in the names of FIIs or in the names of Foreign Venture
Capital Fund, Multilateral and Bilateral Financial Institutions but not in the names minors,
firms or partnerships, foreign nationals or their nominees or OCBs.
• Refunds, dividends and other distributions, if any, will be payable in Indian Rupees only
and net of bank charges and/ or commission, in case of Bidders who remit money
payable upon submission of the Bid-cum-Application Form or Revision form through
Indian Rupee drafts purchased abroad, such payments in Indian Rupees will be
converted into US Dollars or any other freely convertible currency as may be permitted
by the RBI at the rate of exchange prevailing at the time of remittance and will be
dispatched by the space provided for this purpose in the Bid-cum-Application Form. The
Company will not be responsible for loss, if any, incurred by the Bidder on account or
conversion of foreign currency.
Bids by Eligible NRIs
Bid cum application forms have been made available for NRIs at the registered office of the
Company, members of the Syndicate and the Registrar to the Issue.
Eligible NRI applicants may please note that only such applications as are accompanied by
payment in free foreign exchange shall be considered for allotment. The NRIs who intend to
make payment through Non-Resident Ordinary (NRO) accounts shall use the form meant for
Resident Indians. All instruments accompanying bids shall be payable in New Delhi only.
In accordance with the SEBI Guidelines, Non-Residents cannot subscribe to this Issue
under the ASBA process.
Bids by SEBI registered Venture Capital Funds and Foreign Venture Capital Investors
(As per the current regulations, the following restrictions are applicable for
investments by SEBI registered venture capital funds and foreign venture capital
funds):
The SEBI (Venture Capital) Regulations, 1996 and the SEBI (Foreign Venture Capital Investor)
Regulations, 2000 prescribe investment restrictions on venture capital funds and foreign venture
capital investors registered with SEBI respectively. Accordingly, the holding by any individual
venture capital fund or foreign venture capital investor registered with SEBI in one company
should not exceed 25% of the corpus of the Venture Capital Fund, or a Foreign Venture Capital
235