gayatri projects limited - Edelweiss

GAYATRI PROJECTS LIMITEDby the members of the Syndicate does not guarantee that the Equity Shares shall be allocated either by themembers of the Syndicate or our Company.(f) Such TRS will be non-negotiable and by itself will not create any obligation of any kind.(g) In case of QIB bidder, member of the Syndicate also have the right to accept the bid or reject it. However suchrejection should be made at the time of receiving the bid and only after assigning a reason for such rejection inwriting. In case of non-institutional bidders and retails individual bidders who bid, bids would not be rejected excepton the technical grounds listed on page 191 of this Prospectus.(h) It is to be distinctly understood that the permission given by BSE/NSE to use their network and software of theonline IPO system should not in any way be deemed or construed to mean that the compliance with variousstatutory and other requirements by the Company or BRLMs are cleared or approved by BSE/NSE; nor does it inany manner warrant, certify or endorse the correctness or completeness of any of the compliance with the statutoryand other requirements nor does it take any responsibility for the financial or other soundness of our Company, ourPromoters, our management or any scheme or project of our Company.(i) It is also to be distinctly understood that the approval given by BSE and/or NSE should not in any way be deemedor construed that this Prospectus has been cleared or approved by BSE/NSE; nor does it in any manner warrant,certify or endorse the correctness or completeness of any of the contents of this Prospectus; nor does it warrant thatthe Equity Shares will be listed or will continue to be listed on the BSE and NSE.Build Up of the Book and Revision of Bids(a) Bids registered by various Bidders through the members of the Syndicate shall be electronically transmitted to theBSE mainframe on a regular basis.(b) The book gets build up at various price levels. This information will be available with the BRLMs on a regularbasis.(c) During the Bidding Period, any Bidder who has registered his or her interest in the Equity Shares at a particularprice level is free to revise his or her Bid within the price band using the printed Revision Form, which is a part ofthe Bid-cum-Application Form.(d) Revisions can be made in both the desired numbers of Equity Shares and the bid price by using the RevisionForm. Apart from mentioning the revised options in the revision form, the Bidder must also mention the details of allthe options in his or her Bid-cum-Application Form or earlier Revision Form. For example, if a Bidder has bid forthree options in the Bid-cum-Application Form and he is changing only one of the options in the Revision Form, hemust still fill the details of the other two options that are not being revised, in the Revision Form. The members ofthe Syndicate will not accept incomplete or inaccurate Revision Forms.(e) Any revision of the Bid shall be accompanied by payment in the form of cheque or demand draft for the incrementalamount, if any, to be paid on account of the upward revision of the Bid. The excess amount, if any, resulting fromdownward revision of the Bid would be returned to the Bidder at the time of refund in accordance with the terms ofthe Prospectus. In case of QIBs, the members of the Syndicate may at their sole discretion waive the paymentrequirement at the time of one or more revisions by the QIB Bidders.(e) The Bidder can make this revision any number of times during the Bidding Period. However, for any revision(s) inthe Bid, the Bidders will have to use the services of the same member of the Syndicate through whom he or shehas placed the original Bid.(f) Bidders are advised to retain copies of the blank Revision Forms and the revised Bid must be made only in suchRevision Form or copies thereof.(h) When a Bidder revises his or her Bid, he or she shall surrender the earlier TRS and get a revised TRS from themembers of the Syndicate. It is the responsibility of the Bidder to request for and obtain the revised TRS, whichwill act as proof of his or her having revised the previous Bid.(i)In case of discrepancy of data between BSE and members of the Syndicate, the decision of the BRLMs based onthe physical records of Bid cum Application Forms, shall be final and binding to all concerned.184