Annexure XIV Continued… - Edelweiss

Method of Proportionate Basis of Allotment
In the event of the Issue being over-subscribed, our Company shall finalise the Basis of Allotment in
consultation with the Designated Stock Exchange. The executive director (or any other senior official
nominated by them) of the Designated Stock Exchange along with the Managers and the Registrar to the Issue
shall be responsible for ensuring that the Basis of Allotment is finalised in a fair and proper manner in
accordance with the ICDR Regulations.
The allocation shall be made in marketable lots, on a proportionate basis as explained below:
a) Bidders will be categorised according to the number of Equity Shares applied for.
b) The total number of Equity Shares to be allotted to each category as a whole shall be arrived at on a
proportionate basis, which is the total number of Equity Shares applied for in that category (number of
Bidders in the category multiplied by the number of Equity Shares applied for) multiplied by the inverse
of the over-subscription ratio.
c) The number of Equity Shares to be allotted to the successful Bidders will be arrived at on a proportionate
basis, which is total number of Equity Shares applied for by each Bidder in that category multiplied by the
inverse of the over-subscription ratio.
d) In all Bids where the proportionate Allotment is less than [•] Equity Shares per Bidder, the Allotment
shall be made as follows:
• The successful Bidders out of the total Bidders for a category shall be determined by draw of lots in a
manner such that the total number of Equity Shares allotted in that category is equal to the number of
Equity Shares calculated in accordance with (b) above; and
• Each successful Bidder shall be allotted a minimum of [•] Equity Shares.
e) If the proportionate Allotment to a Bidder is a number that is more than [•] but is not a multiple of one
(which is the marketable lot), the decimal would be rounded off to the higher whole number if that
decimal is 0.5 or higher. If that number is lower than 0.5 it would be rounded off to the lower whole
number. Allotment to all in such categories would be arrived at after such rounding off.
f) If the Equity Shares allocated on a proportionate basis to any category are more than the Equity Shares
allotted to the Bidders in that category, the remaining Equity Shares available for Allotment shall be first
adjusted against any other category, where the Allotted Equity Shares are not sufficient for proportionate
Allotment to the successful Bidders in that category. The balance Equity Shares, if any, remaining after
such adjustment will be added to the category comprising Bidders applying for minimum number of
Equity Shares.
g) Subject to valid Bids being received, allocation of Equity Shares to Anchor Investors shall be at the sole
discretion of our Company, in consultation with the Managers.
Illustration of Allotment to QIBs and Mutual Funds (“MF”)
A. Issue Details
Particulars
Issue size
Employee Reservation Portion
Net Issue size
Allocation to QIB (up to 50% of the Issue)
Of which:
Issue details
202 million equity shares
2 million equity shares
200 million equity shares
100 million equity shares
a. Reservation For Mutual Funds, (5%) 5 million equity shares
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