09.02.2015 Views

Annexure XIV Continued… - Edelweiss

Annexure XIV Continued… - Edelweiss

Annexure XIV Continued… - Edelweiss

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

2. In the event of under-subscription in the Employee Reservation Portion, the unsubscribed portion shall be<br />

added to the Net Issue. In the event of under-subscription in any of the categories in the Net Issue, the<br />

unsubscribed portion would be allowed to be met with spill over from any other category or a combination<br />

of categories at the discretion of our Company, in consultation with the Managers. In the event of undersubscription<br />

in the Net Issue, spill-over to the extent of under-subscription shall be permitted from the<br />

Employee Reservation Portion to the Net Issue.<br />

3. Only Bids that are uploaded on the online system of the Stock Exchanges shall be considered for<br />

allocation/ Allotment. The members of the Syndicate and the SCSBs shall capture all data relevant for the<br />

purposes of finalizing the Basis of Allotment while uploading Bid data in the electronic Bidding systems<br />

of the Stock Exchanges. In order that the data so captured is accurate the members of the Syndicate and<br />

the SCSBs will be given up to one Working Day after the Issue Closing Date to modify/ verify certain<br />

selected fields uploaded in the online system during the Issue Period after which the data will be sent to<br />

the Registrar for reconciliation with the data available with the NSDL and CDSL.<br />

4. In case no corresponding record is available with the Depositories, which matches the three parameters,<br />

namely, DP ID, Client ID and PAN, then such Bids are liable to be rejected.<br />

5. Allocation to Non-Residents, including Eligible NRIs and FIIs registered with SEBI will be subject to<br />

applicable law, rules, regulations, guidelines and approvals.<br />

6. Allocation to Anchor Investors shall be at the discretion of our Company, in consultation with the<br />

Managers, subject to compliance with the ICDR Regulations.<br />

7. QIBs shall not be allowed to withdraw their Bid after the Issue Closing Date applicable to QIBs. Further,<br />

the Anchor Investors shall not be allowed to withdraw their Bids after the Anchor Investor Bidding Date.<br />

Signing of the Underwriting Agreement and the RoC Filing<br />

Our Company and the Selling Shareholders intend to enter into an Underwriting Agreement on or immediately<br />

after the finalisation of the Issue Price. After signing the Underwriting Agreement, our Company will file the<br />

Prospectus with the RoC. The Prospectus would have details of the Issue Price, the Anchor Investor Issue<br />

Price, Issue size and underwriting arrangements and would be complete in all material respects.<br />

Advertisement regarding Issue Price and Prospectus<br />

Our Company will issue an advertisement after the filing of the Prospectus with the RoC. This advertisement,<br />

among other things, shall indicate the Issue Price and Anchor Investor Issue Price, in the event Anchor<br />

Investors participate in this Issue. Any material updates between the date of the Red Herring Prospectus and<br />

the date of Prospectus will be included in such an advertisement.<br />

Issuance of Allotment Advice<br />

1. Upon approval of the Basis of Allotment by the Designated Stock Exchange, the Registrar to the Issue shall<br />

send to the members of the Syndicate and the SCSBs a list of the successful Bidders who have been or are to<br />

be Allotted Equity Shares in the Issue. For Anchor Investors, see section titled “Notice to Anchor Investors:<br />

Allotment Reconciliation and Intimation” below.<br />

2. The Registrar to the Issue will send Allotment Advice to Bidders who have been Allotted Equity Shares in<br />

the Issue.<br />

3. The dispatch of an Allotment Advice shall be deemed a valid, binding and irrevocable contract for the<br />

Bidder for all the Equity Shares allotted to such Bidder.<br />

Notice to Anchor Investors: Allotment Reconciliation and Intimation<br />

A physical book will be prepared by the Registrar on the basis of the Bid cum Application Forms received<br />

from Anchor Investors. Based on the physical book and at the discretion of our Company, in consultation with<br />

the Managers, selected Anchor Investors will be sent an Anchor Investor CAN and if required, a revised<br />

Anchor Investor CAN. All Anchor Investors will be sent an Anchor Investor CAN post the Anchor Investor<br />

Bidding Date and in the event that the Issue Price is higher than the price at which allocation is being done to<br />

417

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!