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

) The book gets built up at various price levels. This information will be available with the
BRLMs on a regular basis.
c) During the Bidding/Issue Period, any Bidder who has registered his or her interest in the
Equity Shares at a particular price level is free to revise his or her Bid within the Price
Band using the printed Revision Form, which is a part of the Bid cum Application Form.
d) Revisions can be made in both the desired number of Equity Shares and the Bid price by
using the Revision Form. Apart from mentioning the revised options in the revision form,
the Bidder must also mention the details of all the options in his or her Bid cum
Application Form or earlier Revision Form. For example, if a Bidder has Bid for three
options in the Bid cum Application Form and he is changing only one of the options in the
Revision Form, he must still fill the details of the other two options that are not being
revised, in the Revision Form. The members of the Syndicate will not accept incomplete
or inaccurate Revision Forms.
e) The Bidder can make this revision any number of times during the Bidding Period.
However, for any revision(s) in the Bid, the Bidders will have to use the services of the
same member of the Syndicate through whom he or she had placed the original Bid.
f) Bidders are advised to retain copies of the blank Revision Form and the revised Bid must
be made only in such Revision Form or copies thereof.
g) Any revision of the Bid shall be accompanied by payment in the form of cheque or
demand draft for the incremental amount, if any, to be paid on account of the upward
revision of the Bid. The excess amount, if any, resulting from downward revision of the
Bid would be returned to the Bidder at the time of refund in accordance with the terms
of this Red Herring Prospectus. In case of QIB Bidders, the members of the Syndicate
shall collect the payment in the form of cheque or demand draft for the incremental
amount in the QIB Margin Amount, if any, to be paid on account of the upward revision
of the Bid at the time of one or more revisions by the QIB Bidders.
h) When a Bidder revises his or her Bid, he or she shall surrender the earlier TRS and get a
revised TRS from the members of the Syndicate. It is the responsibility of the Bidder
to request for and obtain the revised TRS, which will act as proof of his or her
having revised the previous Bid.
i) Only bids that are uploaded on the online IPO system of the NSE and BSE shall be
considered for allocation/allotment. In case of a discrepancy of data between the BSE or
the NSE and the members of the Syndicate, the decision of the BRLMs, based on the
physical records of Bid cum Application Forms, shall be final and binding on all
concerned.
j) Revision option is not available to ASBA investor. For details, please refer section “Issue
Procedure for ASBA Bidders ” in the Red Herring Prospectus.
Price Discovery and Allocation/Allotment
a. After the Bid Closing Date, the BRLMs shall analyze the demand generated at various
price levels and discuss the pricing strategy with the Company.
b. The Company, in consultation with the BRLMs will finalize the Issue Price and the
number of equity shares to be allocated in each investor category.
c. The allotment to QIB Bidders of upto 50% of the Net Issue (including 5% specifically
reserved for mutual funds) would be on a proportionate basis in consultation with the
Designated Stock Exchange subject to valid bids being received at or above the issue
price, in the manner as described in the section entitled “Basis of Allotment – Allotment
to QIB Bidders” on page no. 257 of this Red Herring Prospectus. The allocation to Non-
Institutional Bidders of not less than 15% of the Net Issue and Retail Individual Bidders
of not less than 35% of the Net Issue would be on a proportionate basis in a manner
specified in the SEBI Guidelines, in consultation with Bombay Stock Exchange Limited,
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