Annexure XIV Continued… - Edelweiss

the Bids clearly indicate the scheme concerned for which the Bid has been made. Bids by QIBs under the
Anchor Investor Portion and the Net QIB Portion will not be considered as multiple Bids.
For Bids from Mutual Funds and FII sub-accounts, which are submitted under the same PAN, as well as Bids
on behalf of the Central or State government, an official liquidator or receiver appointed by a court and
residents of Sikkim, for whom the submission of PAN is not mandatory, the Bids are scrutinised for DP ID and
Client ID. In case such Bids bear the same DP ID and Client ID, these will be treated as multiple Bids and will
be rejected.
Bids made by Eligible Employees both under the Employee Reservation Portion as well as in the Net Issue
shall not be treated as multiple Bids.
After submitting an ASBA Bid cum Application Form either in physical or electronic mode, where such
ASBA Bid is uploaded with the Stock Exchanges, an ASBA Bidder cannot Bid, either in physical or electronic
mode, on another ASBA Bid cum Application Form or a non-ASBA Bid cum Application Form. Submission
of a second Bid cum Application Form to either the same or to another Designated Branch of the SCSB or to
any member of the Syndicate, will be treated as multiple Bids and will be liable to be rejected either before
entering the Bid into the electronic Bidding system, or at any point of time prior to the allocation or Allotment
of Equity Shares in the Issue. Duplicate copies of ASBA Bid cum Application Forms available on the website
of the Stock Exchanges bearing the same application number will be treated as multiple Bids and are liable to
be rejected. More than one ASBA Bidder may Bid for Equity Shares using the same ASBA Account, provided
that the SCSBs will not accept a total of more than five ASBA Bid cum Application Forms from such ASBA
Bidders with respect to any single ASBA Account. However, an ASBA Bidder may revise the Bid through the
ASBA Revision Form.
Our Company, in consultation with the Managers, reserve the right to reject, in their absolute discretion, all or
all except one multiple Bids in any or all categories.
Permanent Account Number or PAN
Except for Bids by or on behalf of the Central or State Government and the officials appointed by the courts
and by investors residing in the State of Sikkim, the Bidders, or in the case of a Bid in joint names, each of the
Bidders, should mention his/ her PAN allotted under the I.T. Act. In accordance with the ICDR Regulations,
the PAN would be the sole identification number for participants transacting in the securities market,
irrespective of the amount of transaction. Any Bid cum Application Form or ASBA Bid cum Application
Form without the PAN is liable to be rejected. It is to be specifically noted that Bidders should not
submit the GIR number instead of the PAN as the Bid is liable to be rejected on this ground.
However, the exemption for the Central or State Government and the officials appointed by the courts and for
investors residing in the State of Sikkim is subject to the Depository Participants’ verifying the veracity of
such claims of the investors by collecting sufficient documentary evidence in support of their claims. At the
time of ascertaining the validity of these Bids, the Registrar will check under the Depository records for the
appropriate description under the PAN field i.e. either Sikkim category or exempt category.
With effect from August 16, 2010, the beneficiary accounts of Bidders for whom PAN details have not been
verified have been labelled “suspended for credit” by the Depositories and no credit of Equity Shares pursuant
to the Issue will be made in the accounts of such Bidders.
Withdrawal of ASBA Bids
QIBs cannot withdraw their ASBA Bids after the applicable Issue Closing Date.
ASBA Bidders can withdraw their Bids during the Issue Period by submitting a request for the same to the
concerned SCSB or the concerned member of the Syndicate, as applicable, who shall do the requisite,
including deletion of details of the withdrawn ASBA Bid cum Application Form from the electronic Bidding
system of the Stock Exchanges. Further the SCSBs shall unblock the funds in the ASBA Account either
directly or at the instruction of the member of the Syndicate which had forwarded to it the ASBA Bid Cum
Application Form.
In case an ASBA Bidder (other than a QIB) wishes to withdraw the Bid after the Issue Closing Date, the same
can be done by submitting a withdrawal request to the Registrar to the Issue prior to the finalization of
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