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Annexure XIV Continued… - Edelweiss

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finalization of the Basis of Allotment.<br />

4. Revisions can be made in both the desired number of Equity Shares and the Bid Amount by using the<br />

Revision Form or the ASBA Revision Form, as the case may be. Apart from mentioning the revised<br />

options in the Revision Form or the ASBA Revision Form, the Bidder must also mention the details of all<br />

the options in his or her Bid cum Application Form, ASBA Bid cum Application Form or earlier Revision<br />

Form/ASBA Revision Form. For example, if a Bidder has Bid for three options in the Bid cum<br />

Application Form/ ASBA Bid cum Application Form and such Bidder is changing only one of the options<br />

in the Revision Form/ASBA Revision Form, the Bidder must still fill the details of the other two options<br />

that are not being revised, in the Revision Form or the ASBA Revision Form, as the case may be. The<br />

members of the Syndicate and the Designated Branches will not accept incomplete or inaccurate Revision<br />

Form/ ASBA Revision Form.<br />

5. The Bidder can make this revision any number of times during the Issue Period. However, for any<br />

revision(s) in the Bid, the Bidders will have to use the services of the same member of the Syndicate or the<br />

same SCSB through whom such Bidder had placed the original Bid. Bidders are advised to retain copies<br />

of the blank Revision Form/ASBA Revision Form and the revised Bid must be made only in such<br />

Revision Form/ASBA Revision Form or copies thereof.<br />

6. In case of an upward revision in the Price Band announced as above, Retail Individual Bidders and<br />

Eligible Employees Bidding under the Employee Reservation Portion who had Bid at Cut-off Price could<br />

either (i) revise their Bid or (ii) shall make additional payment based on the cap of the revised Price Band<br />

(such that the total amount i.e., original Payment Amount plus additional payment does not exceed `<br />

200,000 if the Bidder wants to continue to Bid at Cut-off Price), with the members of the Syndicate. In<br />

case the total amount (i.e., original Payment Amount plus additional payment) exceeds ` 200,000, the Bid<br />

will be considered for allocation under the Non-Institutional Portion in terms of the Red Herring<br />

Prospectus. If, however, the Bidder does not either revise the Bid or make additional payment and the<br />

Issue Price is higher than the cap of the Price Band prior to revision, the number of Equity Shares Bid for<br />

shall be adjusted downwards for the purpose of allocation, such that no additional payment would be<br />

required from the Bidder and the Bidder is deemed to have approved such revised Bid at Cut-off Price.<br />

7. In case of a downward revision in the Price Band, announced as above, Retail Individual Bidders and<br />

Eligible Employees Bidding under the Employee Reservation Portion who have bid at Cut-off Price could<br />

either revise their Bid or the excess amount paid at the time of Bidding would be refunded from the<br />

Escrow Account or unblocked, in case of ASBA Bidders.<br />

8. Our Company, shall, in consultation with the Managers, decide the minimum number of Equity Shares for<br />

each Bid to ensure that the minimum application value is within the range of ` 5,000 to ` 7,000.<br />

9. Any revision of the Bid shall be accompanied by payment in the form of cheque or demand draft for the<br />

incremental amount, if any, to be paid on account of the upward revision of the Bid. With respect to the<br />

ASBA Bids, if revision of the Bids results in an incremental amount, the SCSBs shall block the additional<br />

Payment Amount. In case of Bids, other than ASBA Bids, the members of the Syndicate shall collect the<br />

payment in the form of cheque or demand draft if any, to be paid on account of the upward revision of the<br />

Bid at the time of one or more revisions. In such cases, the members of the Syndicate will revise the<br />

earlier Bid details with the revised Bid and provide the cheque or demand draft number of the new<br />

payment instrument in the electronic book. The Registrar will reconcile the Bid data and consider the<br />

revised Bid data for preparing the Basis of Allotment. The excess amount, if any, resulting from<br />

downward revision of the Bid would be returned to the Bidder at the time of refund in accordance with the<br />

terms of the Red Herring Prospectus.<br />

10. When a Bidder revises his or her Bid, he or she shall surrender the earlier TRS and may request for a<br />

revised TRS from the members of the Syndicate or the SCSB as proof of his or her having revised the<br />

previous Bid.<br />

Price Discovery and Allocation<br />

1. Based on the demand generated at various price levels and the book built, the Company, in consultation<br />

with the Managers, shall finalise the Issue Price.<br />

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