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Annexure XIV Continued… - Edelweiss

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(g) The number of Equity Shares allocated to the Anchor Investors and the price at which the allocation is<br />

made, shall be made available in the public domain by the Managers before the Issue Opening Date.<br />

(h) Anchor Investors shall pay the entire Payment Amount at the time of submission of the Anchor Investor<br />

Bid. In case the Issue Price is greater than the price at which allocation is being done to Anchor Investors,<br />

the additional amount being the difference shall be paid by the Anchor Investors by the Pay-in Date. In the<br />

event the Issue Price is lower than the price at which allocation is being done to the Anchor Investors, the<br />

Allotment to Anchor Investors shall be at the price at which allocation is being done to the Anchor<br />

Investors.<br />

(i) Anchor Investors cannot withdraw their Bid after the Anchor Investor Bidding Date.<br />

(j) The Equity Shares allotted in the Anchor Investor Portion shall be locked-in for a period of 30 days from<br />

the date of Allotment.<br />

(k) Bids made by QIBs under both the Anchor Investor Portion and the Net QIB Portion shall not be<br />

considered as multiple Bids.<br />

(l) The payment instruments for payment into the Escrow Account should be drawn in favour of:<br />

• In case of Resident Anchor Investors: “Escrow Account – [●] – Anchor Investor – R”<br />

• In case of Non-Resident Anchor Investor: “Escrow Account – [●] –Anchor Investor - NR”<br />

Participation by associates and affiliates of the Managers and Syndicate Members<br />

The Managers and the Syndicate Members shall not be allowed to subscribe to this Issue in any manner,<br />

except towards fulfilling their underwriting obligations. However, associates and affiliates of the Managers<br />

and the Syndicate Members may subscribe to or purchase Equity Shares in the Issue, in the QIB Portion or in<br />

Non-Institutional Portion as may be applicable to such Bidders. Such Bidding and subscription may be on their<br />

own account or on behalf of their clients. All categories of investors, including associates or affiliates of<br />

Managers and Syndicate Members, shall be treated equally for the purpose of allocation to be made on a<br />

proportionate basis.<br />

The Managers, the Syndicate Members, the Promoters, the Promoter Group and any persons related to them<br />

cannot apply in the Issue under the Anchor Investor Portion.<br />

Bids by Mutual Funds<br />

As per the ICDR Regulations, at least one third of the Anchor Investor Portion will be available for allocation<br />

on a discretionary basis to domestic Mutual Funds and 5% of the Net QIB Portion is reserved for allocation to<br />

Mutual Funds on a proportionate basis. An eligible Bid by a Mutual Fund shall first be considered for<br />

allocation proportionately in the Mutual Fund Portion. In the event that the demand from Mutual Funds is<br />

greater than [●] Equity Shares, allocation shall be made to Mutual Funds proportionately, to the extent of the<br />

Mutual Fund Portion. The remaining demand by the Mutual Funds shall, as part of the aggregate demand by<br />

QIBs, be available for allocation proportionately out of the remainder of the QIB Portion, after excluding the<br />

allocation in the Mutual Fund Portion.<br />

The Bids made by the asset management companies or custodians of Mutual Funds shall specifically state the<br />

names of the concerned schemes for which the Bids are made.<br />

In case of a Mutual Fund, a separate Bid can be made in respect of each scheme of the Mutual Fund registered<br />

with SEBI and such Bids in respect of more than one scheme of the Mutual Fund will not be treated as<br />

multiple Bids provided that the Bids clearly indicate the scheme concerned for which the Bid has been made.<br />

No Mutual Fund scheme shall invest more than 10% of its net asset value in the equity shares or equity related<br />

instruments of any single company provided that the limit of 10% shall not be applicable for investments in<br />

index funds or sector or industry specific funds. No Mutual Fund under all its schemes should own more than<br />

10% of any company’s paid-up share capital carrying voting rights.<br />

405

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