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

Managing Director (or any other senior official nominated by them) of the Designated Stock
Exchange along with the BRLMs, and the Registrar to the Issue shall be responsible for ensuring
that the basis of allotment is finalized in a fair and proper manner. The allocation shall be made
in multiples of one share, on a proportionate basis as explained below subject to minimum
allocation being equal to 70 equity shares.
The subscription of for each portion will be computed separately. The allotment shall be made in
marketable lots, on a proportionate basis as explained below :
a. Bidders will be categorized according to the number of Equity Shares applied for.
b. The total number of Equity Shares to be allotted to each category, as a whole shall be
arrived at on a proportionate basis, which is the total number of Equity Shares applied
for in that category (number of Bidders in the category multiplied by the number of
Equity Shares applied for) multiplied by the inverse of the over-subscription ratio.
c. Number of Equity Shares to be allotted to the successful Bidders will be arrived at on a
proportionate basis, which is total number of Equity Shares applied for by each Bidder in
that category multiplied by the inverse of the oversubscription ratio.
d. In all Bids where the proportionate allotment is less than 70 Equity Shares per Bidder,
the allotment shall be made as follows:
• Each successful Bidder shall be allotted a minimum of 70 Equity Shares; and
• The successful Bidders out of the total Bidders for a category shall be determined
by draw of lots in a manner such that the total number of Equity Shares allotted in
that category is equal to the number of Equity Shares calculated in accordance
with (b) above.
e. If the proportionate allotment to a Bidder is a number that is more than 70 but is not a
multiple of one (which is the market lot), the decimal would be rounded off to the higher
whole number if that decimal is 0.5 or higher. If that number is lower than 0.5, it would
be rounded off to the lower whole number. Allotment to all Bidders in such categories
would be arrived at after such rounding off.
If the Equity Shares allocated on a proportionate basis to any category are more than
the Equity Shares allotted to the Bidders in that category, the remaining Equity Shares
available for allotment shall be first adjusted against any other category, where the
allotted shares are not sufficient for proportionate allotment to the successful Bidders in
that category. The balance Equity Shares, if any, remaining after such adjustment will be
added to the category comprising Bidders applying for minimum number of Equity
Shares. The basis of allocation on a proportionate basis shall be finalised in consultation
with the Designated Stock Exchange.
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