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

In case of discrepancy in the data entered in the electronic book vis-à-vis the data contained in
the physical Bid form, for a particular bidder, the details as per physical application form of that
Bidder may be taken as the final data for the purpose of allotment. In case of discrepancy in the
data entered in the electronic book vis-à-vis the data contained in the physical or electronic Bid
cum Application Form submitted through the ASBA process, for a particular ASBA Bidder, the
Registrar to the Issue shall ask for rectified data from the SCSB.
Due to limitation of time available for uploading the Bids on the Bid/Issue Closing date, the
bidders are advised to submit their Bids one day prior to the Bid/Issue Closing Date and, in any
case, no later than the times mentioned above on the Bid/Issue Closing Date. All times are
Indian Standard Time. Bidders are cautioned that in the event a large number of Bids are
received on the Bid/Issue Closing Date, as is typically experienced in pubic offerings, some Bids
may not get uploaded due to lack of sufficient time. Such Bids that cannot be uploaded will not
be considered for allocation under the Issue. If such Bids are not uploaded, the Issuer, BRLMs
and Syndicate members will not be responsible. Bids will be accepted only on Business Days,
i.e., Monday to Friday (excluding any public holidays).
The Company reserves the right to revise the Price Band during the Bidding Period in accordance
with SEBI Guidelines. The cap on the Price Band should not be more than 20% of the floor of the
Price Band subject to compliance with the immediately preceding sentence, the floor of the Price
Band can move up or down to the extent of 20% of the floor of the Price Band advertised at
least one day prior to the Bid/Issue Opening Date.
In case of revision in the Price Band, the Issue Period will be extended for three additional days
after revision of Price Band subject to the Bidding Period/Issue Period not exceeding 10 working
days. Any revision in the Price Band and the revised Bidding Period/Issue Period, if applicable,
will be widely disseminated by notification to the BSE and the NSE by issuing a press release,
and also by indicating the change on the web sites of the BRLMs and at the terminals of the
Syndicate.
UNDERWRITERS TO THE ISSUE
After the determination of the Issue Price but prior to filing the Prospectus with the RoC, the
Company will enter into an Underwriting Agreement with the Underwriters for the Equity Shares
proposed to be offered through the Issue. It is proposed that pursuant to the terms of
Underwriting Agreement, the BRLMs shall be responsible for bringing in the amount devolved in
the event that the Syndicate Members do not fulfil their underwriting obligations.
The Underwriters have indicated their intention to underwrite the following number of
Equity Shares:
(This portion has been intentionally left blank and will be filled in before filing of the Prospectus
with the ROC)
Name and Address of
the Underwriter(s)
Date of
Agreement
Indicate No. of Equity
Shares to be
Underwritten
Amount
Underwritten
(Rs. in lakhs)
[●] [●] [●] [●]
The above chart is indicative of the underwriting arrangement and this would be finalized after
the pricing and actual allocation. The above Underwriting Agreement is dated [●].
In the opinion of the Board of Directors (based on a certificate given to it by the Underwriters),
the resources of all the above mentioned Underwriters are sufficient to enable them to discharge
their respective underwriting obligations in full. All the above-mentioned Underwriters are
registered with SEBI under Section 12(1) of the Securities and Exchange Board of India Act,
1992 or registered as brokers with the Stock Exchange(s).
Allocation among underwriters may not necessarily be in proportion to their underwriting
commitments. Notwithstanding the above table, the Underwriters shall be severally responsible
for ensuring payment with respect to Equity Shares allocated to investors procured by them. In
the event of any default, the respective Underwriter, in addition to other obligations to be
defined in the underwriting agreement, will also be required to procure/subscribe to the extent
of the defaulted amount.
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