Annexure XIV Continued… - Edelweiss

the Floor Price and at the Cap Price. The members of the Syndicate and the SCSBs shall accept Bids from
the Bidders during the Issue Period.
2. The Issue Period shall be for a minimum of three Working Days and shall not exceed 10 Working Days.
The Issue Period maybe extended, if required, by an additional three Working Days, subject to the total
Issue Period not exceeding 10 Working Days. Any revision in the Price Band and the revised Issue Period,
if applicable, will be published in one English language national daily newspaper, one Hindi language
national daily newspaper, each with wide circulation and also by indicating the change on the website of
the Managers.
3. During the Issue Period, Bidders who are interested in subscribing for the Equity Shares should approach
the members of the Syndicate or their authorised agents to register their Bid. The members of the
Syndicate accepting Bids have the right to vet the Bids during the Issue Period in accordance with the
terms of the Red Herring Prospectus. ASBA Bidders Bidding through Syndicate ASBA should submit
their Bids to the members of the Syndicate. ASBA Bidders Bidding through the SCSBs are required to
submit their Bids to the Designated Branches of such SCSBs.
4. Each Bid cum Application Form and/ or the ASBA Bid cum Application Form will give the Bidder the
choice to bid for up to three optional prices (for details refer to the paragraph entitled “Bids at Different
Price Levels” below) within the Price Band and specify the demand (i.e., the number of Equity Shares Bid
for) in each option. The price and demand options submitted by the Bidder in the Bid cum Application
Form and/ or the ASBA Bid cum Application Form will be treated as optional demands from the Bidder
and will not be cumulated. After determination of the Issue Price, the maximum number of Equity Shares
Bid for by a Bidder at or above the Issue Price will be considered for allocation/Allotment and the rest of
the Bid(s), irrespective of the Bid Amount, will become automatically invalid.
5. The Bidder cannot bid on another Bid cum Application Form or ASBA Bid cum Application Form after
Bids on one Bid cum Application Form or ASBA Bid cum Application Form have been submitted to the
members of the Syndicate or SCSBs, as the case may be. Submission of a second Bid cum Application
Form or ASBA Bid cum Application Form to a Manager or an SCSB will be treated as multiple Bids and
is liable to be rejected either before entering the Bid into the electronic Bidding system, or at any point of
time prior to the approval of the Basis of Allotment. However, the Bidder can revise the Bid through the
Revision Form or the ASBA Revision Form, the procedure for which is detailed under the paragraph
entitled “Build up of the Book and Revision of Bids”. Provided that Bids submitted by a QIB in the
Anchor Investor Portion and in the Net QIB Portion will not be considered as multiple Bids. Further,
Eligible Employees Bidding under the Employee Reservation Portion may also Bid in the Net Issue and
such Bids will not be treated as multiple Bids.
6. Except in relation to Bids received from the Anchor Investors, the members of the Syndicate/ the SCSBs,
as the case may be, will enter each Bid option into the electronic Bidding system as a separate Bid and
generate a Transaction Registration Slip, (“TRS”), for each price and demand option and give the same to
the Bidder. Therefore, a Bidder can receive up to three TRSs for each Bid cum Application Form or
ASBA Bid cum Application Form.
7. The Managers shall accept Bids from the Anchor Investors during the Anchor Investor Bidding Date i.e.
one Working Day prior to the Issue Opening Date. Bids by Anchor Investors under the Anchor Investor
Portion and the Net QIB Portion shall not be considered as multiple Bids.
8. Along with the Bid cum Application Form, all Bidders (other than ASBA Bidders) will make payment in
the manner described in “- Escrow Mechanism - Terms of payment and payment into the Escrow
Accounts” in the section titled “Issue Procedure” on page 400.
9. With regard to Syndicate ASBA, , upon receipt of the ASBA Bid cum Application Form by a member of
the Syndicate, the concerned member of the Syndicate shall issue an acknowledgement by giving the
counter foil of the ASBA Bid cum Application Form to the ASBA Bidder as proof of having accepted the
Bid. Thereafter, the member of the Syndicate shall upload the details of the Bid in the electronic Bidding
system of the Stock Exchanges and forward the ASBA Bid cum Application Form to the concerned
SCSB. The SCSB shall carry out further action for such ASBA Bid cum Application Forms such as
signature verification and blocking of funds. If sufficient funds are not available in the ASBA Account,
the SCSB shall reject such Bids. If sufficient funds are available in the ASBA Account, the SCSB shall
block an amount equivalent to the Payment Amount mentioned in the ASBA Bid cum Application Form
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