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

the disclosed manner and/ or demat credits are not made to investors within the 15 days
from the Bid/Issue Closing date.
The Company will provide adequate funds required for dispatch of refund orders or allotment
advice to the Registrar to the Issue.
No separate receipts shall be issued for the money payable on the submission of Bid-cum
Application Form or Revision Form. However, the collection centre of the members of the
Syndicate will acknowledge the receipt of the Bid-cum-Application Forms or Revision Forms by
stamping and returning to the Bidder the acknowledgement slip. This acknowledgement slip will
serve as the duplicate of the Bid-cum-Application Form for the record of the Bidder.
Modes of Refund
Bidders should note that on the basis of name of the Bidders, Depository Participant’s name,
Depository Participant- Identification number and Beneficiary Account Number provided by them
in the Bid cum Application Form, the Registrar to the Issue will obtain from the Depository the
Bidders bank account details including nine digit MICR code. Hence, Bidders are advised to
immediately update their bank account details as appearing on the records of the Depository
Participant. Please note that failure to do so could result in delays in credit of refunds to Bidders
at the sole or Bidder’s sole risk and neither the BRLMs nor the Company shall have any
responsibility and undertake any liability for the same.
The payment of refund, if any, shall be undertaken in the following order of preference:
1. NEFT (National Electronic Fund Transfer)
Payment of refund shall be undertaken through NEFT wherever the applicants’ bank has
been assigned the Indian Financial System Code (IFSC), which can be linked to a
Magnetic Ink Character Recognition (MICR) , if any, available to that particular bank
branch. IFSC Code will be obtained from the website of RBI as on a date immediately
prior to the date of payment of refund, duly mapped with MICR numbers. Wherever the
applicants have registered their nine digit MICR number and their bank account number
while opening and operating the Demat account, the same will be duly mapped with the
IFSC Code of that particular bank branch and the payment of refund will be made to the
applicants through this method. The process flow in respect of refunds by way of NEFT is
at an evolving stage and hence use of NEFT is subject to operational feasibility, cost and
process efficiency.
2. ECS
Payment of refund shall be undertaken through ECS for applicants having an account at
any of the following centres: Agra, Ahmedabad, Allahabad, Amritsar, Aurangabad,
Baroda, Bangalore, Bhilwara, Bhopal, Bhubaneshwar, Burdwan, Kolkata, Calicut,
Chandigarh, Chennai, Coimbatore, Dehradun, Dhanbad, Durgapur, Erode, Gorakhpur,
Guwahati, Gwalior, Haldia, Hubli, Hyderabad, Indore, Jabalpur, Jalandhar, Jaipur,
Jammu, Jamshedpur, Jodhpur, Kakinada, Kanpur, kochi/Ernakulam, Kolhapur, Lucknow,
Ludhiana, Madurai, Mangalore, Mumbai, Mysore, Nagpur, Nashik, New Delhi, Nellore,
Panaji, Patna, Pune, Pondicherry, Raipur, Rajkot, Ranchi, Salem, Shimla, Sholapur,
Siliguri, Surat, Tirupati, Tirupur, Trichy, Trichur, Thiruvananthapuram, Udaipur,
Varanasi, Vijaywada and Visakhapatnam managed by RBI and other banks. This mode of
payment of refunds would be subject to availability of complete bank account details
including the MICR code as appearing on a cheque leaf, from the Depositories. The
payment of refunds is mandatory through ECS for applicants having a bank account at
any of the abovementioned sixty eight centres, except where the applicant, being
eligible, opts to receive refund through Direct Credit or Real Time Gross Settlement
(RTGS).
3. Direct Credit
Applicants applying through the web/internet whose service providers opt to have the
refund amounts for such applicants being by way of direct disbursement by the service
provider through their internal networks, the refund amounts payable to such applicants
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