Annexure XIV Continued… - Edelweiss

(b) In the second instance Allotment to all QIBs shall be determined as follows:
(i) In the event of oversubscription in the Net QIB Portion, all QIBs who have submitted Bids
above the Issue Price shall be allotted Equity Shares on a proportionate basis for up to 95%
of the Net QIB Portion;
(ii) Mutual Funds, who have received allocation as per (a) above, for less than the number of
Equity Shares Bid for by them, are eligible to receive Equity Shares on a proportionate basis
along with other QIBs;
(iii) Under-subscription below 5% of the Net QIB Portion, if any, from Mutual Funds, would be
included for allocation to the remaining QIBs on a proportionate basis.
• The aggregate Allotment to QIBs Bidding in the Net QIB Portion may be up to [●] Equity Shares.
D. For Employee Reservation Portion
• The Bid must be for a minimum of [•] Equity Shares and in multiples of [•] Equity Shares thereafter
so as to ensure that the Payment Amount payable by the Eligible Employees does not exceed `
200,000. The allotment in the Employee Reservation Portion will be on a proportionate basis. Bidders
under the Employee Reservation Portion may bid at Cut-Off Price.
• The value of Allotment to any Eligible Employee under the Employee Reservation Portion shall not
exceed ` 200,000.
• Bids received from the Eligible Employees at or above the Issue Price shall be grouped together to
determine the total demand under this category. The Allotment to all the successful Eligible
Employees will be made at the Issue Price less the Retail and Employee Discount.
• If the aggregate demand in this category is less than or equal to [•] Equity Shares at or above the Issue
Price, full allocation shall be made to the Eligible Employees to the extent of their demand. The
maximum bid under Employees Reservation Portion by an Eligible Employee cannot exceed `
200,000.
• If the aggregate demand in this category is greater than [•] Equity Shares at or above the Issue Price,
the allocation shall be made on a proportionate basis up to a minimum of [•] Equity Shares. For the
method of proportionate Basis of Allotment, refer below.
• Only Eligible Employees are eligible to apply under the Employee Reservation Portion.
E. For Anchor Investors
• Allocation of Equity Shares to Anchor Investors, if any, at the Anchor Investor Allocation Price will
be at the discretion of our Company, in consultation with the Managers, subject to compliance with
the following requirements:
(a). not more than 30% of the QIB Portion will be allocated to Anchor Investors;
(b). one-third of the Anchor Investor Portion shall be reserved for domestic Mutual Funds, subject to
valid Bids being received from domestic Mutual Funds at or above the price at which allocation
is being done to other Anchor Investors;
(c). allocation to Anchor Investors shall be on a discretionary basis and subject to a minimum number
of two Anchor Investors for allocation up to ` 2,500 million and minimum number of five
Anchor Investors for allocation more than ` 2,500 million.
• The number of Equity Shares Allotted to Anchor Investors, if any, and the Anchor Investor
Allocation Price shall be made available in the public domain by the Managers before the Issue
Opening Date by intimating the same to the Stock Exchanges.
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