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

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

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Bidders are advised to ensure that any single Bid from them does not exceed the investment limits or maximum number of Equity Shares that can be held by them under applicable law or regulation or as specified in this Red Herring Prospectus. Information for the Bidders a. The Company will file the Red Herring Prospectus with the ROC at least three days before the Bid/Issue Opening Date. b. The Syndicate Members will circulate copies of the Red Herring Prospectus along with the Bid-cum-Application Form to potential investors. c. Any investor (who is eligible to invest in the Equity Shares) desirous of obtaining the Red Herring Prospectus along with the Bid-cum-Application Form can obtain the same from the Registered office of the Company or from the BRLMs or from a Syndicate Member or from their websites. d. Investors who are interested in subscribing to the Company’s Equity Shares should approach any of the BRLMs/ Syndicate Members or their authorized agent(s) to register their bid. e. The Bids should be compulsorily submitted on the prescribed Bid-cum-Application Form only. Bid-cum-Application Forms should bear the stamp of the Syndicate Member. The Bid-cum-Application Forms, which do not bear the stamp of the Syndicate Member, will be rejected. f. The Members of the Syndicate shall accept Bids from the Bidder during the Issue Period in accordance with the terms of the Syndicate Agreement. g. The Bidding/Issue Period shall be for a minimum of three working days and not exceeding seven working days. In case of revision in the Price Band, the Bidding/Issue Period will be extended for three additional days after revision of the Price Band subject to a maximum of 10 working days. Any revision in the Price Band and the revised Bidding/Issue Period, if applicable, will be widely disseminated by notification to BSE and NSE, by issuing a public notice in two widely circulated newspapers (one each in English and Hindi) and also by indicating the change on the websites of BRLMs and the terminal of the Syndicate Members h. The Price Band has been fixed at Rs. 90/- to Rs. 100/- per Equity Share of Rs. 10/- each, Rs. 90/- being the lower end of the Price Band and Rs.100/- being the higher end of the Price Band. The Bidders can bid at any price with in the Price Band, in multiples of 70 Equity Shares. i. The Company, in consultation with the BRLMs reserves the right to revise the Price Band, during the Bidding/Issue Period, in accordance with SEBI Guidelines. The higher end of the Price Band should not be more than 20% of the lower end of the Price Band. Subject to compliance with the immediately preceding sentence, the lower end of the Price Band can move up or down to the extent to 20% of the lower end of the Price Band disclosed in the Red Herring Prospectus. j. The Company, in consultation with the BRLMs can finalise the Issue Price within the Price Band, without the prior approval of, or intimation, to the Bidders. k. For ASBA process, please refer section “Issue Procedure for ASBA Bidders ” in the Red Herring Prospectus. Method and Process of Bidding 1. The Company and the BRLMs shall declare the Bid/Issue Opening Date, Bid/Issue Closing Date and Price Band at the time of filing the Red Herring Prospectus with ROC and also publish the same in two widely circulated newspapers (one each in English and Hindi). This advertisement subject to the provisions of section 66 of the Companies Act shall be in the format and contain the disclosures specified in Part A of Schedule XX-A of the SEBI Guidelines as amended by SEBI Circular no SEBI/CFD/DIL/DIP/14/2005/25/1 dated January 25, 2005 further amended by SEBI Circular No. SEBI/CFD/DIL/DIP/17/2005/11/11 dated November 11,2005. The BRLMs and Members of the Syndicate shall accept Bids from the Bidders during the Issue Period in accordance with the terms of the Syndicate Agreement. 2. The Bidding Period shall be open for at least 3 working days and not more than 7 working days. In case the Price Band is revised, the revised Price Band and the Bidding Period will be published in two national newspapers (one each in English and Hindi) with 237

wide circulation and also by indicating the change on the websites of the BRLMs and at the terminals of the members of the Syndicate. Bidding Period shall be extended for a further period of three days, subject to the total Bidding Period not exceeding ten working days. 3. During the Bidding Period, the Bidders may approach the members of the Syndicate to submit their Bid. Every member of the Syndicate shall accept Bids from all clients/investors who place orders through them and shall have the right to vet the Bids, subject to the terms of the Syndicate Agreement and the Red Herring Prospectus. 4. Each Bid cum Application Form will give the Bidder the choice to bid for up to three optional prices (for details refer to the paragraph entitled “Bids at Different Price Levels” on page no. 238 of the Red Herring Prospectus) within the Price Band and specify the demand (i.e. the number of Equity Shares bid for) in each option. The price and demand options submitted by the Bidder in the Bid-cum-Application Form will be treated as optional demands from the Bidder and will not be cumulated. After determination of the Issue Price, the maximum number of Equity Shares bid for by a Bidder at or above the Issue Price will be considered for allocation and the rest of the Bid(s), irrespective of the Bid Price, will become automatically invalid. 5. The Bidder cannot bid on another Bid cum Application Form after his or her Bids on one Bid-cum-Application Form has been submitted to any member of the Syndicate. Submission of a second Bid cum Application Form to either the same or to another member of the Syndicate will be treated as multiple bidding and is liable to be rejected either before entering the Bid into the electronic bidding system, or at any point of time prior to the allocation or allotment of Equity Shares in this Issue. However, the Bidder can revise the Bid through the Revision Form, the procedure for which is detailed in the paragraph ‘Build up of the Book and Revision of bids” on page no. 242 of the Red Herring Prospectus. 6. The members of the Syndicate will enter each bid option into the electronic bidding system as a separate Bid and generate a Transaction Registration Slip (TRS), for each price and demand option and give the same to the Bidder. The Bidder should make sure that they ask for a copy of computerized TRS for every bid option from the syndicate member(s) Therefore, a Bidder can receive up to three TRSs for each Bid-cum- Application Form. 7. Along with the Bid-cum-Application Form, all Bidders will make payment in the manner described under the paragraph “Terms of Payment and Payment into the Escrow Collection Account” on page no. 241 of the Red Herring Prospectus. 8. Investors who are interested in subscribing for the Equity Shares of the Company should approach any of the members of the Syndicate or their authorised agent(s) to register their Bid. 9. Along with the Bid cum Application Form, all Bidders will make payment in the manner described under the section titled “Issue Procedure - Terms of Payment” and “Payment into the Escrow Collection Account” on page no.241 of the Red Herring Prospectus. 10. Investors who are interested in subscribing for the Equity Shares of the Company should approach any of the members of the Syndicate or their authorised agent(s) to register their Bid. 11. For ASBA process, please refer section “Issue Procedure for ASBA Bidders” in the Red Herring Prospectus Bids at Different Price Levels 1. The price band has been fixed at Rs. 90/- to Rs. 100/- per Equity Share of Rs.10/- each, Rs. 90/- being the floor of the price band and Rs. 100/- being the cap of the price band. The bidders can bid at any price within the price band in multiples of Re.1/- 238

wide circulation and also by indicating the change on the websites of the BRLMs and at<br />

the terminals of the members of the Syndicate. Bidding Period shall be extended for a<br />

further period of three days, subject to the total Bidding Period not exceeding ten<br />

working days.<br />

3. During the Bidding Period, the Bidders may approach the members of the Syndicate to<br />

submit their Bid. Every member of the Syndicate shall accept Bids from all<br />

clients/investors who place orders through them and shall have the right to vet the Bids,<br />

subject to the terms of the Syndicate Agreement and the Red Herring Prospectus.<br />

4. Each Bid cum Application Form will give the Bidder the choice to bid for up to three<br />

optional prices (for details refer to the paragraph entitled “Bids at Different Price Levels”<br />

on page no. 238 of the Red Herring Prospectus) within the Price Band and specify the<br />

demand (i.e. the number of Equity Shares bid for) in each option. The price and demand<br />

options submitted by the Bidder in the Bid-cum-Application Form will be treated as<br />

optional demands from the Bidder and will not be cumulated. After determination of the<br />

Issue Price, the maximum number of Equity Shares bid for by a Bidder at or above the<br />

Issue Price will be considered for allocation and the rest of the Bid(s), irrespective of the<br />

Bid Price, will become automatically invalid.<br />

5. The Bidder cannot bid on another Bid cum Application Form after his or her Bids on one<br />

Bid-cum-Application Form has been submitted to any member of the Syndicate.<br />

Submission of a second Bid cum Application Form to either the same or to another<br />

member of the Syndicate will be treated as multiple bidding and is liable to be rejected<br />

either before entering the Bid into the electronic bidding system, or at any point of time<br />

prior to the allocation or allotment of Equity Shares in this Issue. However, the Bidder<br />

can revise the Bid through the Revision Form, the procedure for which is detailed in the<br />

paragraph ‘Build up of the Book and Revision of bids” on page no. <strong>24</strong>2 of the Red<br />

Herring Prospectus.<br />

6. The members of the Syndicate will enter each bid option into the electronic bidding<br />

system as a separate Bid and generate a Transaction Registration Slip (TRS), for each<br />

price and demand option and give the same to the Bidder. The Bidder should make sure<br />

that they ask for a copy of computerized TRS for every bid option from the syndicate<br />

member(s) Therefore, a Bidder can receive up to three TRSs for each Bid-cum-<br />

Application Form.<br />

7. Along with the Bid-cum-Application Form, all Bidders will make payment in the manner<br />

described under the paragraph “Terms of Payment and Payment into the Escrow<br />

Collection Account” on page no. <strong>24</strong>1 of the Red Herring Prospectus.<br />

8. Investors who are interested in subscribing for the Equity Shares of the Company<br />

should approach any of the members of the Syndicate or their authorised agent(s) to<br />

register their Bid.<br />

9. Along with the Bid cum Application Form, all Bidders will make payment in the manner<br />

described under the section titled “Issue Procedure - Terms of Payment” and “Payment<br />

into the Escrow Collection Account” on page no.<strong>24</strong>1 of the Red Herring Prospectus.<br />

10. Investors who are interested in subscribing for the Equity Shares of the Company should<br />

approach any of the members of the Syndicate or their authorised agent(s) to register<br />

their Bid.<br />

11. For ASBA process, please refer section “Issue Procedure for ASBA Bidders” in the Red<br />

Herring Prospectus<br />

Bids at Different Price Levels<br />

1. The price band has been fixed at Rs. 90/- to Rs. 100/- per Equity Share of Rs.10/- each,<br />

Rs. 90/- being the floor of the price band and Rs. 100/- being the cap of the price band.<br />

The bidders can bid at any price within the price band in multiples of Re.1/-<br />

238

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