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

esults obtained from the use of such information. CARE’s IPO grading does not take cognizance
of the price of the security and it is not a recommendation to buy, sell or hold shares/securities.
It is also not a comment on the offer price or the listed price of the scrip. It does not imply that
CARE performs an audit function or forensic exercise to detect fraud. It is also not a forecast of
the future market performance and the earnings prospects of the issuer; also it does not indicate
compliance/violation of various statutory requirements. CARE shall not be liable for any losses
incurred by users from any use of the IPO grading.
A copy of the report provided by CARE Limited, furnishing the rationale for its grading
forms part of the Material Documents for Inspection and is available for inspection at
the Registered Office from 11.00 am to 5.00 pm on any working day from the date of
this Red Herring Prospectus until the Bid/Issue Closing Date.
TRUSTEE
As the present issue is of Equity Shares, appointment of Trustee is not required.
MONITORING AGENCY
There is no requirement for a monitoring agency in terms of Clause 8.17 of the SEBI (DIP)
Guidelines. The Audit Committee will monitor the use of the Issue proceeds.
APPRAISING ENTITY
State Bank of India
Industrial Finance Branch
Jawahar Vyapar Bhawan, 14 th Floor
1, Tolstoy Marg
New Delhi – 110 001
Tel.: +91-11-2337 4602/2335 0434
Fax: +91-11-2372 1041
E-mail: sbi.09601@sbi.co.in
Website: www.statebankofindia.com
BOOK BUILDING PROCESS
Book Building refers to the collection of bids from investors, on the basis of the Red Herring
Prospectus within the Price Band. The Issue Price is fixed after the Bid/Issue Closing Date. The
principal parties involved in the Book Building Process are:
1. The Company;
2. Book Running Lead Managers being Srei and Keynote
3. Syndicate Members who are intermediaries registered with SEBI or registered as brokers
with the Stock Exchanges and eligible to act as underwriters. The Syndicate Members
are appointed by the BRLMs;
4. Escrow Collection Bank(s) and
5. Registrar to the Issue
The SEBI DIP Guidelines have permitted an Issue of securities to the public through the 100%
book building facility wherein 50,000 Equity Shares have been reserved eligible employees and
the balance for public. Upto 50% of the Net Issue shall be allocated on a proportionate basis to
QIBs out of which 5% shall be allocated to Mutual Funds on a proportionate basis. The
remainder shall be available for allotment on a proportionate basis to QIBs and Mutual Fund.
Further, not less than 15% of the Net Issue shall be available for allocation on a proportionate
basis to Non-Institutional Bidders and not less than 35% of the Net Issue shall be available for
allocation on a proportionate basis to Retail Individual Bidders, subject to valid bids being
received at or above the Issue Price. Globus will comply with these guidelines for this Issue and
any other ancillary directions issued by SEBI for this Issue. In this regard, Globus has appointed
Srei Capital Markets Limited and Keynote Corporate Services Limited as the BRLMs to the Issue,
to manage the Issue and procure subscription to the Issue.
Pursuant to amendments to the SEBI DIP Guidelines, QIB Bidders are not allowed to withdraw
their Bid(s) after the Bid/Issue Closing Date. In addition, as per the recent amendments to
the SEBI Guidelines, QIBs are required to pay 10% Margin Amount upon submission of
the Bid cum Application Form during the Bidding Period and allocation to QIBs will be
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