gayatri projects limited - Edelweiss

GAYATRI PROJECTS LIMITEDFor Others Bidders (Non-Institutional Bidders and QIBs): The Bid must be for a minimum of such number of Equity Sharesin multiples of 20 Equity Shares such that the Bid Amount payable by the Bidder exceeds Rs. 1,00,000 and in multiples of20 Equity Shares thereafter. A Bid cannot be submitted for more than the net offer to the public. However, the maximum Bidby a QIB should not exceed the investment limits prescribed for them by applicable laws. Under existing SEBI DIP guidelines,a QIB Bidder cannot withdraw its Bid after the Bid/Offer Closing Date.In case of revision in Bids, the Non-Institutional Bidders who are individuals have to ensure that the Bid Amount is greaterthan Rs. 1,00,000, for being considered for allocation in the Non Institutional Portion. In case the Bid Amount reduces to Rs.1,00,000 or less due to a revision in Bids or revision of Price Band, Bids by Non-Institutional Bidders who are eligible forallocation in the Retail Portion would be considered for allocation under the Retail Portion. Non Institutional Bidders andQIBs are not allowed to Bid at ‘Cut-off’.For Bidders in the Employee Reservation PortionThe Bid must be for a minimum of 20 Equity Shares and in multiples of 20 Equity Shares thereafter. The maximum Bid in thisportion cannot exceed 1,00,000 Equity Shares. Bidders in the Employee Reservation Portion applying for a maximum Bid inany of the Bidding Options not exceeding Rs. 1,00,000 may bid at Cut-off price. The allotment in the employee reservationportion will be on proportionate basis.Information for the Biddersa) The Company will file the Red Herring Prospectus with the RoC at least 3 (three) days before the Bid/OfferOpening Date.b) The members of the Syndicate will circulate copies of the Red Herring Prospectus along with the Bid-cum-ApplicationForm to their potential investors.c) Any investor (who is eligible to invest in the Equity Shares) who would like to obtain a copy of the Red HerringProspectus and/or the Bid-cum- Application Form can obtain the same from the registered office of the Company orfrom a member of the Syndicate.d) Eligible Investors who are interested in subscribing for our Company’s Equity Shares should approach any of theBRLMs or Syndicate Members or their authorized agent(s) to register their Bid.e) The Bids should be compulsorily submitted on the prescribed Bid-cum-Application Form only. Bid-cum-ApplicationForms should bear the stamp of a member of the Syndicate. The Bid-cum-Application Forms, which do not bear thestamp of a member of the Syndicate, will be rejected.Method and Process of bidding1. We, with the BRLMs shall declare the Bid/Offer Opening Date, Bid/Offer Closing Date and the Price Band at thetime of filing the Red Herring Prospectus with RoC and publish the same in two national newspapers (one each inEnglish and Hindi) and a regional newspaper (Marathi). This advertisement, subject to the provisions of Section 66of the Companies Act and shall be in the format prescribed in Schedule XX-A of SEBI DIP Guidelines, as amended.2. The members of the Syndicate shall accept Bids from the Bidders during the Offer Period in accordance with theterms of the Syndicate Agreement.3. Investors who are interested in subscribing for our Equity Shares should approach any of the members of theSyndicate or their authorized agent(s) to register their Bid.4. The Bidding Period shall be a minimum of 3 (three) working days and shall not exceed 7 (seven) working days. Incase the Price Band is revised, the revised Price Band and the Bidding Period will be published in two nationalnewspapers (one each in English and Hindi) and one regional newspaper (Marathi) and the Bidding Period maybe extended, if required, by an additional 3 (three) working days, subject to the total Bidding Period not exceedingten working days.5. During the Bidding Period, the Bidders may approach the Syndicate to submit their Bid. Every member of theSyndicate shall accept Bids from all clients/investors who place orders through them and shall have the right to vetthe Bids.180