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Annexure XIV Continued… - Edelweiss

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(a) For Retail Individual Bidders: The Bid must be for a minimum of [•] Equity Shares and in multiples of<br />

[•] Equity Shares thereafter, so as to ensure that the Payment Amount payable by the Bidder does not<br />

exceed` 200,000. In case of revision of Bids, the Retail Individual Bidders have to ensure that the<br />

Payment Amount after such revision does not exceed ` 200,000. In case the Payment Amount is over `<br />

200,000 due to revision of the Bid or revision of the Price Band or on exercise of Bidding at Cut-off Price,<br />

the Bid would be considered for allocation under the Non-Institutional Portion only if the Bidding was<br />

done through ASBA. The Bidding at Cut-off Price is an option given only to the Retail Individual Bidders<br />

and Eligible Employees Bidding under the Employee Reservation Portion, indicating their agreement to<br />

Bid. Retail Individual Bidders are entitled to the Retail and Employee Discount of up to [●]% of the Issue<br />

Price, amounting to ` [●]. The Retail and Employee Discount shall be available to the Retail Bidders even<br />

if they make a price Bid instead of Bidding at the Cut-off Price. The Retail Individual Bidders can take the<br />

benefit of the Retail and Employee Discount at the time of Bidding itself. Accordingly, at the time of<br />

Bidding, Retail Individual Investors should adjust the Retail and Employee Discount against the Bid<br />

Amount and payment should be made of the Payment Amount. The Issue Price will be determined at the<br />

end of the Book Building Process<br />

(b) For Non-Institutional Bidders and QIBs: The Bid must be for a minimum of such number of Equity<br />

Shares such that the Payment Amount exceeds ` 200,000 and in multiples of [•] Equity Shares thereafter.<br />

A Bid cannot be submitted for more than the Issue size. However, the Bid by a QIB should not exceed the<br />

investment limits prescribed for them by applicable laws. A QIB cannot withdraw its Bid after the<br />

applicable Issue Closing Date and is required to pay the entire Payment Amount upon submission<br />

of the Bid. The identity of QIBs Bidding in the Issue under the QIB Portion shall not be made public<br />

during the Issue Period.<br />

In case of revision in Bids, the Non-Institutional Bidders, who are individuals, have to ensure that the<br />

revised Payment Amount is greater than ` 200,000 for being considered for allocation in the Non-<br />

Institutional Portion. In case the Payment Amount reduces to ` 200,000 or less due to a revision in Bids or<br />

revision of the Price Band, Bids by Non-Institutional Bidders who are eligible for allocation in the Retail<br />

Portion would be considered for allocation under the Retail Portion. Non-Institutional Bidders and QIBs<br />

are not allowed to Bid at Cut-Off Price.<br />

(c) For Eligible Employees: The Bid must be for a minimum of [•] Equity Shares and in multiples of [•]<br />

Equity Shares thereafter, so as to ensure that the Payment Amount by the Eligible Employees does not<br />

exceed ` 200,000. Bidders in the Employee Reservation Portion may bid at Cut-Off Price. Bidders may<br />

note that the total Payment Amount will be used to determine whether the Bid exceeds ` 200,000 or<br />

not. Eligible Employees Bidding at a price within the Price Band have to mention the Bid Amount based<br />

on the highest Bid price option. Eligible Employees Bidding at Cut-Off price have to mention the Bid<br />

Amount at the Cap Price. The Allotment in the Employee Reservation Portion will be on a proportionate<br />

basis in case of over-subscription in this category. Bidders in the Employee Reservation Portion are<br />

entitled to the Retail and Employee Discount of up to [●]% of the Issue Price, amounting to ` [●]. The<br />

Retail and Employee Discount shall be available to the Eligible Employees even if they make a price Bid<br />

instead of Bidding at the Cut-off Price. Eligible Employees can take the benefit of the Retail and<br />

Employee Discount at the time of Bidding itself. Accordingly, at the time of Bidding, Retail Individual<br />

Investors should adjust the Retail and Employee Discount against the Bid Amount and payment should be<br />

made of the Payment Amount. The Issue Price will be determined at the end of the Book Building<br />

Process.<br />

(d) For Bidders in the Anchor Investor Portion: The Bid by an Anchor Investor must be for a minimum of<br />

such number of Equity Shares such that the Payment Amount is equal to or more than ` 100 million. Bids<br />

by Anchor Investors under the Anchor Investor Portion and the Net QIB Portion shall not be considered as<br />

multiple Bids. Under the Anchor Investor Portion, a Bid cannot be submitted for more than 30% of the<br />

QIB Portion. Anchor Investors cannot withdraw their Bids after the Anchor Investor Bidding Date.<br />

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

Investor Bid. Provided that any difference between the price at which allocation is being done to the<br />

Anchor Investors and Anchor Investor Issue Price, shall be payable by the Pay-in Date. If the Issue<br />

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

additional amount being the difference, shall be paid by the Anchor Investor. If the Issue Price is<br />

lower than the Anchor Investor Issue Price, the Allotment to Anchor Investors shall be at the price<br />

at which allocation is being done to the Anchor Investors.<br />

409

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