Annexure XIV Continued… - Edelweiss

• Eligible Employees who bid for Equity Shares in the Employee Reservation Portion may Bid at Cut-Off
Price.
• The maximum Payment Amount by any Eligible Employee cannot exceed ` 200,000.
• The value of Allotment to any Eligible Employee shall not exceed ` 200,000.
• The Bids must be for a minimum of [●] Equity Shares and in multiples of [●] Equity Shares thereafter so
as to ensure that the Payment Amount does not exceed ` 200,000.
• An Eligible Employee having Bid under the Employee Reservation Portion can also Bid under the Net
Issue portion and such Bids shall not be treated as multiple Bids.
• If the aggregate demand in this category is less than or equal to ●] [ Equity Shares at or above the Issue
Price, full allocation shall be made to the Eligible Employees to the extent of their demand.
• If the aggregate demand in this category is greater than [●] Equity Shares at or above the Issue Price, the
allocation shall be made on a proportionate basis. For the method of proportionate basis of Allotment, see
the section “Basis of Allotment” on page 432.
• In the event of under-subscription in the Employee Reservation Portion, the unsubscribed portion shall be
added to the Net Issue. In the event of under-subscription in the Net Issue, spill-over to the extent of
under-subscription shall be permitted from the Employee Reservation Portion to the Net Issue.
Bids under Power of Attorney
In case of Bids made pursuant to a power of attorney by limited companies, corporate bodies, registered
societies, FIIs, Mutual Funds, insurance companies, insurance funds set up by the army, navy or air force of
the Union of India, insurance funds set up by the Department of Posts, India or the National Investment Fund,
provident funds with minimum corpus of ` 250 million and pension funds with a minimum corpus of ` 250
million (in each case, subject to applicable law and in accordance with their respective constitutional
documents), a certified copy of the power of attorney or the relevant resolution or authority, as the case may
be, with a certified copy of the memorandum of association and articles of association and/or bye laws, as
applicable, must be lodged with the Bid cum Application Form/ ASBA Bid cum Application Form. Failing
this, our Company reserves the right to accept or reject any Bid in whole or in part, in either case, without
assigning any reason.
In case of a Bid by way of ASBA pursuant to a power of attorney, a certified copy of the power of attorney
must be lodged along with the ASBA Bid cum Application Form.
In addition to the above, certain additional documents are required to be submitted by the following entities:
(i) With respect to Bids by FVCIs, VCFs, FIIs and Mutual Funds, a certified copy of their SEBI registration
certificate must be lodged with the Bid cum Application Form.
(ii) With respect to Bids by insurance companies registered with the IRDA, in addition to the above, a
certified copy of the certificate of registration issued by the IRDA must be lodged with the Bid cum
Application Form.
(iii) With respect to Bids made by provident funds with minimum corpus of ` 250 million (subject to
applicable law) and pension funds with a minimum corpus of ` 250 million, a certified copy of a
certificate from a chartered accountant certifying the corpus of the provident fund/pension fund must be
lodged with the Bid cum Application Form.
Our Company in its absolute discretion, reserve the right to relax the above condition of simultaneous lodging
of the power of attorney with the Bid cum Application Form/ ASBA Bid cum Application Form, subject to
such terms and conditions that our Company, and the Managers deem fit, without assigning any reasons
therefore.
Maximum and Minimum Bid Size
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