Annexure XIV Continued… - Edelweiss

documents to hold and invest in equity shares;
• Pension Funds with a minimum corpus of ` 250 million and who are authorized under their constitutional
documents to hold and invest in equity shares;
• National Investment Fund;
• Insurance funds set up and managed by the army, navy or air force of the Union of India;
• Multilateral and bilateral development financial institutions;
• Limited Liability Partnerships;
• Eligible Employees; and
• Any other persons eligible to Bid in this Issue, under the laws, rules, regulations, guidelines and polices
applicable to them.
In accordance with the regulations made by the RBI, OCBs cannot Bid in the Issue.
The Equity Shares have not been and will not be registered, listed or otherwise qualified in any other
jurisdiction outside India and may not be offered or sold, and Bids may not be made by persons in any
such jurisdiction, except in compliance with the applicable laws of such jurisdiction. The Equity Shares
have not been and will not be registered under the Securities Act or any state securities laws in the
United States and may not be offered or sold within the United States, except pursuant to an exemption
from, or in a transaction not subject to, the registration requirements of the Securities Act and
applicable state securities laws. Accordingly, the Equity Shares are only being offered and sold (i) in the
United States only to persons reasonably believed to be “qualified institutional buyers” (as defined in
Rule 144A under the Securities Act and referred to in this Draft Red Herring Prospectus as “U.S.
QIBs”, for the avoidance of doubt, the term U.S. QIBs does not refer to a category of institutional
investor defined under applicable Indian regulations and referred to in the Draft Red Herring
Prospectus as “QIBs”) in transactions exempt from, or not subject to, the registration requirements of
the Securities Act, and (ii) outside the United States in reliance on Regulation S under the Securities Act.
Anchor Investor Portion
Our Company, in consultation with the Managers, may consider participation by Anchor Investors in the Issue
for up to 30% of the QIB Portion in accordance with the ICDR Regulations. Anchor Investor shall Bid on the
Anchor Investor Bidding Date. The QIB Portion shall be reduced to the extent of allocation under the Anchor
Investor Portion. In accordance with the ICDR Regulations, the key terms for participation in the Anchor
Investor Portion are as follows:
(a) Anchor Investors shall be QIBs as defined in the ICDR Regulations.
(b) The Anchor Investor Bid must be for a minimum of such number of Equity Shares so that the Anchor
Investor Payment Amount exceeds ` 100 million and in multiples of ●] [ Equity Shares thereafter. An
Anchor Investor Bid cannot be submitted for more than the Anchor Investor Portion.
(c) Allocation to the Anchor Investors shall be on a discretionary basis and subject to a minimum number of
two such investors for allocation up to ` 2,500 million and five investors for allocation of more than
` 2,500 million.
(d) [●] Equity Shares out of the Anchor Investor Portion shall be reserved for allocation to domestic Mutual
Funds. Bids by various schemes of a Mutual Fund shall be clubbed to calculate the Payment Amount.
(e) The Bidding for Anchor Investors shall open one day before the Issue Opening Date and shall be
completed on the same day.
(f) Our Company, in consultation with the Managers, shall finalise allocation to the Anchor Investors on a
discretionary basis, subject to compliance with requirements regarding minimum number of allottees.
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