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Annexure XIV Continued… - Edelweiss

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credit” by the Depositories, and no credit of Equity Shares pursuant to the Issue will be made in the<br />

accounts of such Bidders.<br />

10. Our Company, in consultation with the Managers, may decide to offer a Retail and Employee Discount<br />

discount of up to [●]% of the Issue Price, amounting to ` [●], to Retail Individual Bidders and Eligible<br />

Employees. In the event the Retail and Employee Discount is offered, Retail Individual Bidders and<br />

Eligible Employees should note that benefit of the Retail and Employee Discount can be availed at the<br />

time of Bidding itself. Accordingly, after indicating the Bid Amount in the Bid cum Application Form for<br />

the purposes of Bidding, payment should be made of the Payment Amount i.e. the Bid Amount net of the<br />

Retail and Employee Discount.<br />

Bidders are advised not to submit the Bid cum Application Form to Escrow Collection Banks and the<br />

same will be rejected in such cases and the Bidders will not be entitled to any compensation whatsoever.<br />

The Equity Shares have not been and will not be registered, listed or otherwise qualified in any other<br />

jurisdiction outside India and may not be offered or sold, and Bids may not be made by persons in any such<br />

jurisdiction, except in compliance with the applicable laws of such jurisdiction.<br />

Bidders are advised to ensure that any single Bid from them does not exceed the investment limits or<br />

maximum number of Equity Shares that can be held by them under applicable law.<br />

Additional information specific to ASBA Bidders<br />

1. ASBA Bid cum Application Forms in physical form will be available with the Designated Branches and<br />

with the members of the Syndicate; and electronic ASBA Bid cum Application Forms will be available on<br />

the websites of the SCSBs and the Stock Exchanges at least one day prior to the Issue Opening Date.<br />

Further, the SCSBs will ensure that the abridged Red Herring Prospectus is made available on their<br />

websites.<br />

2. SCSBs may provide the electronic mode of Bidding either through an internet enabled Bidding and<br />

banking facility or such other secured, electronically enabled mechanism for Bidding and blocking funds<br />

in the ASBA Account. Eligible ASBA Bidders may also approach the Designated Branches to register<br />

their Bids through the ASBA process.<br />

3. The SCSBs shall accept Bids only during the Bid Period and only from the ASBA Bidders. The SCSB<br />

shall not accept any ASBA Bid cum Application Form after the closing time of acceptance of Bids on the<br />

Issue Closing Date.<br />

4. The ASBA Bid cum Application Form shall bear the stamp of the Designated Branch or the members of<br />

the Syndicate (in case of Bids through Syndicate ASBA), if not, the same shall be rejected.<br />

Public announcement upon filing of this Draft Red Herring Prospectus<br />

The Company shall either on the date of filing the Draft Red Herring Prospectus with SEBI or on the next day<br />

shall make a public announcement in one English national daily newspaper and one Hindi national daily<br />

newspaper, each with wide circulation, disclosing that the DRHP has been filed with SEBI and inviting the<br />

public to give their comments to SEBI in respect of disclosures made in the DRHP.<br />

Pre-Issue Advertisement<br />

Subject to Section 66 of the Companies Act, our Company shall, after registering the Red Herring Prospectus<br />

with the RoC, publish a pre-Issue advertisement, in one English language national daily newspaper, one Hindi<br />

language national daily newspaper, each with wide circulation. In the pre-Issue advertisement, we shall state<br />

the Issue Opening Date, the Issue Closing Date and the Issue Closing Date applicable to QIBs.<br />

Method and Process of Bidding<br />

1. The Price Band for the Issue will be decided by our Company and Pineridge, in consultation with the<br />

Managers, and the Bid Lot for the Issue will be decided by our Company, in consultation with the<br />

Managers, and advertised in an English and a Hindi national daily newspaper, each with wide circulation<br />

at least two Working Days prior to the Issue Opening Date, with the relevant financial ratios calculated at<br />

411

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