TRANSPORT

TEAR HERE PLEASE FILL IN BLOCK LETTERS 

TEAR HERE 

APPLICATION FORM SHRIRAM TRANSPORT FINANCE COMPANY LIMITED COMMON APPLICATION FORM ISSUE OPENS ON : JULY 16, 2013 

(FOR RESIDENT APPLICANTS) Credit Rating : ‘CRISIL AA/Stable’ by CRISIL and ‘CARE AA+’ by CARE 

FOR ASBA/NON ASBA ISSUE CLOSES ON** : JULY 29, 2013 

To, The Board of Directors, 

SHRIRAM TRANSPORT FINANCE COMPANY LIMITED 

Application 

Form No. 

PUBLIC ISSUE OF SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES VIDE PROSPECTUS DATED JULY 5, 2013 

I/we hereby confirm that I/we have read and understood the terms and conditions of this Application Form and the attached Abridged Prospectus and agree to the ‘Applicant’s Undertaking’ as given overleaf. I/we hereby 

confirm that I/we have read the instructions for filling up the Application Form given overleaf. 

LEAD /CO -LEAD MANAGERS /LEAD BROKER’S/TRADING MEMBER’S STAMP & CODE SUB-BROKER/AGENT’S STAMP & CODE ESCROW BANK / SCSB BRANCH STAMP & CODE BANK BRANCH SERIAL NO. REGISTRAR’S / SCSB SERIAL NO. DATE OF RECEIPT 

HDFC SECURITIES LTD. 

23/11094-31 

1. APPLICANT’S DETAILS - PLEASE FILL IN BLOCK LETTERS (Please refer to instruction no. 23 of this Abridged Prospectus) 

First Applicant (Mr./ Ms./M/s.) 

Date of Birth D D M M Y Y Y Y Name of Guardian (if applicant is minor) 

Address 

Pin Code (Compulsory) 

Tel. No/ Mobile 

Email 

Second Applicant (Mr./ Ms./M/s.) 

2. Investor Category (Please refer overleaf) Category I Category II Category III Category IV Sub Category Code (Please refer overleaf) 

3. IN CASE OF APPLICATION IN DEMATERIALISED FORM, PLEASE PROVIDE APPLICANT’S DEPOSITORY DETAILS 

For NSDL enter 8 digit DP ID followed by 8 digit Client ID / For CDSL enter 16 digit Client ID 

NSDL / CDSL 

4. IN CASE OF APPLICATION TO HOLD THE NCDs IN PHYSICAL FORM, PLEASE PROVIDE FOLLOWING DETAILS 

(Please enclose self attested copies of the KYC Doccuments along with the Application Form. For list of KYC documents, please refer overleaf) 

NOMINATION (Please see point no. 61 of this Abridged Prospectus) 

Bank Details for payment of Refund / Interest / Maturity Amount (Mandatory) 

Name of the Nominee : 

Bank Name, Branch : 

MICR Code: 

If Nominee is Minor, Guardian’s Name : 

Account No.: IFSC Code : 

5. INVESTMENT DETAILS (For details, please refer Issue Structure overleaf) 

Series I I I III IV V 

Face Value/Issue Price (`) per NCD ` 1,000/- ` 1,000/- ` 1,000/- ` 1,000/- ` 1,000/- 

Frequency of Interest Payment Annual Annual Monthly Not Applicable Not Applicable 

Coupon (% Per annum) (A) 9.65% 9.80% 9.40% Not Applicable Not Applicable 

(% Per annum) on Any 

Record Date -(B) 

are Individuals 

1.25% 

are Non Individuals 

Nil 


1.35% 


Nil 


1.23% 


Nil 

Aggreate of Coupon and Additional NCD Holders who NCD Holders who NCD Holders who NCD Holders who NCD Holders who NCD Holders who 

Additional Incentive on Coupon 

Incentive on any 

NCD Holders who 

Record Date 










are Individuals are Non Individuals 

Not 

Not 

Applicable 

Applicable 

Not 

Not 

Applicable 

Applicable 

(% per annum)= (A) + (B) 10.90% 9.65% 11.15% 9.80% 10.63% 9.40% 

Tenor Thirty Six Months Sixty Months Sixty Months Thirty Six Months Sixty Months 

Redemption Amount (` /NCD)* Face Value + accrued interest at the applicable 50% of Face Value of the NCDs payable each at Face Value + accrued interest at applicable NCD Holders who NCD Holders who NCD Holders who 


Coupon at the Redemption Date + Additional end of 48 months and at end of 60 months from 

Coupon at the Redemption Date + Additional are Individuals are Non Individuals are Individuals 


Incentive for Individual NCD Holders 

Deemed Date of Allotment. Face Value at each 

stage, shall be payable with accrued interest at 

Incentive for Individual NCD Holders ` 1,364.33 ` 1,318.67 ` 763.37 per NCD at the end of ` 726.93 per NCD at end of 48 

48 months and ` 848.48 per NCD months and ` 798.17 per NCD at 

applicable Coupon on date of redemption + 

per NCD 

per NCD 

at end of 60 months from the end of 60 months from the Deemed 

Additional Incentive for Individual NCD Holders 

Deemed Date of Allotment 

Date of Allotment 

Minimum Application (No.) 

` 10,000/- (10 NCDs) across all series taken individually or collectively 

No. of NCDs applied 

Amount Payable (`) 

Grand Total (`) 

Total No. of NCDs: 

Total Amount Payable: 

* subject to applicable tax deducted at source, if any. 

6. PAYMENT DETAILS*** (Please tick (✓) any one of payment option A or B below) PAYMENT OPTION : Full Payment 

***Please write a Sole/First Applicant’s Name, Phone No. and Application No. on the reverse of Cheque/DD. 

Amount Paid (` in figures) (` in words) 

(A) CHEQUE/ DEMAND DRAFT (DD) in favour of “Escrow Account 

STFC NCD V Public Issue” 

Cheque/DD No. Dated D D M M Y Y 

Drawn on (Bank Name & Branch) 

PAN 

DPID 

/ 

CLID 

Amount Paid (` in figures) 

SHRIRAM TRANSPORT 

FINANCE COMPANY LIMITED 

Cheque / DD/ASBA Bank A/c No. 

TEAR HERE 

Acknowledgement Slip 

for Lead Managers/Co-Lead Managers/Lead 

Brokers/Sub Brokers/Trading Members/SCSB 

Application 

Form No. 

Received from Mr./Ms. 

Telephone / Mobile 

Email 

TEAR HERE 

PUBLIC ISSUE OF SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES VIDE PROSPECTUS DATED JULY 5, 2013 

Series I II III IV V Date Stamp & Signature of Lead/ Name of Sole / First Applicant 

Issue Price (`)/ per NCDs 

` 1,000/- 

Co-Lead Managers/Lead Brokers/Sub 

Brokers/Trading Members/SCSB 

No. of NCDs applied for 

SHRIRAM TRANSPORT 

FINANCE COMPANY 

LIMITED 

7A. SIGNATURE OF 

SOLE/ FIRST APPLICANT 

Date : _______________, 2013 

Amount Payable (`) 

Grand Total (`) 

PAN 

Cheque / DD/ASBA Bank A/c No. 

7B. SIGNATURE OF 

SECOND APPLICANT 

PAN is mandatory including Minor’s PAN in case of Application by Minor. 

Please refer point 23C on page 13 of the Abridged Prospectus 

Bank & Branch 

All future communication in connection with this application should be addressed to the Registrar to the Issue. 

Bank & Branch 

Dated 

Dated 

PAN 

Application 

Form No. 

* For early closure/ extension of the Issue, 

refer page 3 of the Abridged Prospectus 

(B) ASBA 

Bank A/c No. 

ASBA A/c. Holder Name __________________________________________________ 

(in case Applicant is different from ASBA A/c. Holder) 

Bank Name & Branch ____________________________________________________ 

7C. SIGNATURE OF ASBA BANK ACCOUNT HOLDER(s) (AS PER BANK RECORDS) (For ASBA option ONLY) 

I/We authorize the SCSB to do all acts as are necessary to make the Application in the Issue 

1) 

2) 

3) 

LEAD MANAGERS/CO-LEAD MANAGER/ LEAD BROKERS/ 

SUB BROKERS/ TRADING MEMBERS / 

SCSB BRANCH’S STAMP 

(Acknowledging upload of Application 

in Stock Exchange system) (Mandatory) 

Stamp & Signature of Banker 

Acknowledgement Slip for Applicant 

Applications submitted without being uploaded on the terminals of the Stock Exchanges 

will be rejected.

APPLICANT'S UNDERTAKING 

I/We hereby agree and confirm that: 

1. I/We have read, understood and agreed to the contents and terms and conditions of SHRIRAM TRANSPORT FINANCE COMPANY LIMITED Prospectus dated July 5, 2013 (“Prospectus”) 

2. I/We hereby apply for allotment of the NCDs to me/us and the amount payable on application is remitted herewith. 

3. I/We hereby agree to accept the NCDs applied for or such lesser number as may be allotted to me/us in accordance with the contents of the Prospectus subject to applicable statutory and/or regulatory requirements. 

4. I/We irrevocably give my/our authority and consent to IDBI Trusteeship Services Limited, to act as my/our trustees and for doing such acts as are necessary to carry out their duties in such capacity. 

5. I am/We are Indian National(s) resident in India and I am/ we are not applying for the said NCDs as nominee(s) of any person resident outside India and/or Foreign National(s). 

6. The application made by me/us do not exceed the investment limit on the maximum number of NCDs which may be held by me/us under applicable statutory and/or regulatory requirements. 

7. In making my/our investment decision I/We have relied on my/our own examination of the company and the terms of the issue, including the merits and risks involved and my/our decision to make this application is solely based on disclosures contained in the Prospectus. 

8. I/We have obtained the necessary statutory and/or regulatory permissions/approvals for applying for, subscribing to, and seeking allotment of the NCDs applied for. 

9. Additional Undertaking, in case of ASBA Applicants: 

1) I/We hereby undertake that I/We am/are an ASBA Applicant(s) as per applicable provisions of the SEBI Regulations; 2) In accordance with ASBA process provided in the SEBI Regulations and disclosed in the Prospectus, I/We authorize (a) the Lead Managers/ 

Co-Lead Manager/ Lead Brokers/Sub Brokers and Trading Members (in Specified cities only) or the SCSBs, as the case may be, to do all acts as are necessary to make the Application in the Issue, including uploading my/our application, blocking or unblocking 

of funds in the bank account maintained with the SCSB as specified in the Application Form, transfer of funds to the Public Issue Account on receipt of instruction from the Registrar to the Issue, after finalization of Basis of Allotment; and (b) the Registrar to the 

Issue to issue instruction to the SCSBs to unblock the funds in the specified bank account upon finalization of the Basis of Allotment. 3) In case the amount available in the specified Bank Account is insufficient as per the Application, the SCSB shall reject the Application. 

10. Additional Undertaking in case the Applicant wishes to hold the Bonds in physical form: 

1. In terms of Section (8)(1) of the Depositories Act, 1996, I/we wish to hold the NCDs in physical form. 2. I/We confirm that the Information provided in this form is true and correct and I/We enclose herewith self attested copies of the KYC Documents. 3. I/We confirm 

that we do not hold any Demat Account. 

ISSUE RELATED INFORMATION FOR FILLING THE APPLICATION FORM 

KYC Documents: (To be submitted only for holding NCDs in Physical Form) Self-attested copies of the following documents are required to be submitted by the Applicants as KYC Documents: 

1. PAN card; 2. Proof of identification in case of Applications by or on behalf of the Central or State Government and the officials appointed by the courts and by the Applicants residing in the State of Sikkim; 3. Proof of residence: Any of the following documents shall be considered as 

a verifiable proof of residence: ● ration card issued by the GoI;or ● valid driving license issued by any transport authority of the Republic of India; or ● electricity bill (not older than three months); or ● landline telephone bill (not older than three months); or ● valid passport issued 

by the GoI; or ● voter’s identity card issued by the GoI; or ● Government ID Card; or ● Defence ID Card; or ● passbook or latest bank statement issued by a bank operating in India; or ● registered lease and license agreement or agreement for sale or rent agreement or flat maintenance 

bill; or ● Aadhaar Letter issued by Unique Identification Authority of India (UIDAI); 4. Self-attested copy of a cancelled cheque of the bank account to which the amounts pertaining to payment of refunds, interest and redemption as applicable, should be credited 

“For further details pertaining to KYC Documents, see the section titled “Applications for Allotment of NCDs in the Physical and Dematerialized Form“ on page 10 of this Abridged Prospectus.” 

Investor Categories: 

Category I (Institutional Investors) 

Sub Category Code Category II (Non Institutional Investors) 

Sub Category Code 

Resident Public Financial Institutions, 11 Partnership firms in the name of the partners 24 

Statutory Corporations including State Industrial Development Corporations, Commercial Banks, 

Limited liability partnerships 25 

Co-operative Banks and Regional Rural Banks 12 Category III (High Net-worth Individuals (“HNIs”))# 


Indian Provident Funds, Pension Funds, Superannuation Funds, Gratuity Fund 13 

Resident Indian individuals who apply for NCDs aggregating 

Indian alternative investment funds registered with SEBI 14 

to a value more than ` 5 Lacs, across all Series of NCDs 31 

Indian Insurance Companies registered with the IRDA 15 

National Investment Fund 16 

Hindu Undivided Families through the Karta who apply for NCDs aggregating 32 

Indian Mutual Funds registered with SEBI 17 to a value more than ` 5 Lacs, across all Series of NCDs 

Insurance funds set up and managed by the Indian army, navy or the air force 18 Category IV (Retail Individual Investors)# 


Category II (Non Institutional Investors) 

Sub Category Code Resident Indian individuals who apply for NCDs aggregating 

Companies, Bodies Corporate, Societies 21 to a value not more than ` 5 Lacs, across all Series of NCDs 41 

Public/private/charitable/religious trusts 22 Hindu Undivided Families through the Karta who apply for NCDs aggregating 42 

Resident Indian Scientific and/or industrial research organizations 23 to a value not more than ` 5 Lacs, across all Series of NCDs 

#Category III and Categroy IV investors are collectively referred as Individuals 

Issue Structure: 

Series I II III IV V 

Frequency of Interest Payment Annual Annual Monthly Not Applicable Not Applicable 

Minimum Application 

` 10,000/- (10 NCDs) (for all Series of NCDs, namely Series I, Series II, Series III, Series IV and Series V either taken individually or collectively) 

In Multiples of ` 1,000/- (1 NCDs) ` 1,000/- (1 NCDs) ` 1,000/- (1 NCDs) ` 1,000/- (1 NCDs) ` 1,000/- (1 NCDs) 

Face Value/ Issue Price (`) per NCDs ` 1,000 ` 1,000 ` 1,000 ` 1,000 ` 1,000 

Coupon (% per annum) - (A) 9.65% 9.80% 9.40% Not Applicable Not Applicable 

Additional Incentive on Coupon NCD Holders NCD Holders NCD Holders NCD Holders NCD Holders NCD Holders 

(% per annum) on Any Record Date - (B) who are who are who are who are who are who are 

Individuals Non Individuals Individuals Non Individuals Individuals Non Individuals Not Applicable Not Applicable 

1.25% Nil 1.35% Nil 1.23% Nil 

Aggregate of Coupon and Additional N C D NCD Holders NCD Holders NCD Holders NCD Holders NCD Holders 

Incentive on any Record Date Holders who who are who are who are who are who are Not Applicable Not Applicable 

(% per annum) = (A) + (B) are Individuals Non Individuals Individuals Non Individuals Individuals Non Individuals 

10.90% 9.65% 11.15% 9.80% 10.63% 9.40% 

Effective Yield (% per annum) on NCD Holders NCD Holders NCD Holders NCD Holders NCD Holders NCD Holders NCD Holders NCD Holders NCD Holders NCD Holders 

any Record Date who are who are who are who are who are who are who are who are who are who are 

Individuals Non Individuals Individuals Non Individuals Individuals Non Individuals Individuals Non Individuals Individuals Non Individuals 

10.90% 9.65% 11.15% 9.80% 11.15% 9.80% 10.90% 9.65% 11.15% 9.80% 

Mode of Payment of Interest and/ Through Various options available 

or Redemption of NCDs 

Tenor Thirty six months Sixty months Sixty months Thirty six months Sixty months 

Redemption Date 

Redemption Amount (`/NCD)* 

36 from the Deemed Date of 

Allotment. 

Face Value + accrued interest at the 

applicable Coupon at the 

Redemption Date + Additional 

Incentive for Individual NCD 

Holders 

50% redemption at the end of 48 

months and balance 50% at the 

end of 60 months from the 


50% of Face Value of the NCDs 

payable each at end of 48 

months and at end of 60 months 

from Deemed Date of Allotment. 

Face Value at each stage, shall 

be payable with accrued interest 

at applicable Coupon on date of 

redemption + Additional 


Holders. 

Security 

The principal amount of the NCDs to be issued in terms of the Prospectus together with all interest due on the NCDs, as well as all costs, charges, all fees, remuneration of Debenture 

Trustee and expenses payable in respect thereof shall be secured by way of first and exclusive charge in favour of the Debenture Trustee on an identified immovable property and specified 

future receivables of our Company as may be decided mutually by our Company and the Debenture Trustee. Our Company will create appropriate security in favour of the Debenture 

Trustee for the NCD Holders on the assets adequate to ensure 100% asset cover for the NCDs, which shall be free from any encumbrances. 

Seniority 

Senior, (to clarify, the claims of the NCD Holders shall be superior to the claims of any unsecured creditors, subject to applicable statutory and/or regulatory requirements). The NCDs would 

constitute direct and secured obligations of ours and shall rank pari passu inter se, and subject to any obligations under applicable statutory and/or regulatory requirements, shall also, 

with regard to the amount invested, be secured by way of first and exclusive charge on the identified immovable property and the specified future loan receivables of our Company. 


For Grounds of Technical Rejections, please refer page 300 of the Prospectus 

Basis of Allotment : 

For details, please refer to instruction 34 on page 21 of this Abridged Prospectus. 

The details of the collection centers of the Escrow Collection Banks shall be available on the website of NSE and BSE at www.nseindia.com and www.bseindia.com, respectively. 

TEAR HERE 

● While submitting the Application Form, the Applicant should ensure that the date stamp being put on the Application COMPANY CONTACT DETAILS 

REGISTRAR CONTACT DETAILS 

Form by the Lead Managers/Lead Brokers/Sub Brokers/Trading Member/SCSB matches with the date stamp on the 

Acknowledgement Slip 

Shriram Transport Finance Company Limited, 

Integrated Enterprises (India) Limited; 2nd Floor, Kences 

● In case of queries related to allotment/ credit of Allotted NCD/Refund, the Applicants should contact Registrar to the Issue. Registered Office: Mookambika Complex, 

Towers, No. 1, Ramakrishna Street, North Usman Road, 

• In case of ASBA Application submitted to the SCSBs, the Applicants should contact the relevant SCSB. 

3 rd Floor, No. 4, Lady Desika Road, Mylapore, 

T. Nagar, Chennai - 600 017; Tel: + 91 44 28140801 

• In case of queries related to upload of ASBA Aapplications submitted to the Lead Managers/Lead Brokers/Sub Chennai, Tamil Nadu- 600004 Tel No: +91 44 2499 0356 to 803; Fax:+91 44 28142479; Email: stfcipo@integratedindia.in; 

Brokers/Trading Members Applicants should contact the relevant Lead Managers/Lead Brokers/Sub Brokers/Trading Fax: +91 44 2499 3272 Compliance Officer and Contact Investor Grievance Email: sureshbabu@integratedindia.in; 

Members. 

Person: Mr. Vivek Madhukar Achwal; 

Website: www.integratedindia.in; Contact Person: Ms. Anusha N / 

• Acknowledgement is subject to realisation of Cheque/DD/Availability of Funds in the ASBA account 

E-mail: stfcncd5comp@stfc.in 

Mr. Sriram S; SEBI Registration No: INR000000544 

2 


60 months from the Deemed 


Face Value + accrued interest 

at applicable Coupon at the 

Redemption Date + Additional 


Holders 

36 months from the Deemed 


NCD Holders 

who are 

Individuals 

` 1,364.33 

per NCD 

NCD Holders 

who are Non 

Individuals 

` 1,318.67 

per NCD 

50% redemption at the end of 48 

months and balance 50% at the 

end of 60 months from the 


NCD Holders 

who are 

Individuals 

` 763.37 per NCD 

at end of 48 months 

and ` 848.48 per 

NCD at end of 60 

months from the 

Deemed Date of 

Allotment 

NCD Holders 

who are Non 

Individuals 

` 726.93 per NCD 

at end of 48 months 

and ` 798.17 per 

NCD at end of 60 

months from the 

Deemed Date of 

Allotment

in the nature of FORM2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS 

THIS ABRIDGED PROSPECTUS CONSISTS OF 48 PAGES, PLEASE ENSURE THAT YOU GET ALL PAGES 

Please ensure that you read the Prospectus and the general instructions contained in this Memorandum before applying in the 

Issue. Unless otherwise specified, all capitalised terms used in this form shall have the meaning ascribed to such terms in the 

Prospectus. The investors are advised to retain a copy of Prospectus/Abridged Prospectus for their future reference. 


A Public Limited Company Incorporated under the Companies Act, 1956 (Registered as a Non-Banking Financial Company within the 

meaning of the Reserve Bank of India Act, 1934 (2 of 1934)) Registered Office: Mookambika Complex, 3 rd Floor, No. 4, Lady Desika 

Road, Mylapore, Chennai, Tamil Nadu- 600004 Tel No: +91 44 2499 0356 Fax: +91 44 2499 3272 Corporate Office: Wockhardt 

Towers, Level – 3, West Wing, C-2, G Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400 051 Tel No: +91 22 4095 9595 

Fax: +91 22 4095 9596/97 Website: www.stfc.in Compliance Officer and Contact Person: Mr. Vivek Madhukar Achwal; E-mail: 

stfcncd5comp@stfc.in 

Public Issue by Shriram Transport Finance Company Limited, (“Company” or “Issuer”) of Secured Redeemable Non- 

Convertible Debentures of face value of ` 1,000 each, (“NCDs”), aggregating upto ` 37,500 lacs with an option to retain oversubscription 

upto ` 37,500 lacs for issuance of additional NCDs aggregating to a total of upto ` 75,000 lacs, hereinafter referred 

to as the “Issue”. The Issue is being made pursuant to the provisions of Securities and Exchange Board of India (Issue and 

Listing of Debt Securities) Regulations, 2008, as amended (the “Debt Regulations”). 

GENERAL RISK 

Investors are advised to read the Risk Factors, starting on page 17 of the Prospectus carefully before taking an investment decision 

in the Issue. For the purpose of taking an investment decision, the investors must rely on their own examination of the Issuer and 

the Issue including the risks involved. Specific attention of the investors is invited to the Risk Factors from pages 17 and 39 of 

the Prospectus. 

ISSUER’S ABSOLUTE RESPONSIBILITY 

The Issuer, having made all reasonable inquiries, accepts responsibility for, and confirms that the Prospectus contains all information 

with regard to the Issuer and the Issue, which is material in the context of the Issue, that the information contained in the Prospectus is 

true and correct in all material respects and is not misleading in any material respect, that the opinions and intentions expressed herein 

are honestly held and that there are no other facts, the omission of which makes the Prospectus as a whole or any of such information 

or the expression of any such opinions or intentions misleading in any material respect. 

CREDIT RATING 

The NCDs proposed to be issued under this Issue have been rated ‘CRISIL AA/Stable’ by CRISIL for an amount of upto ` 75,000 

lacs vide its letter dated June 11, 2013 and ‘CARE AA+’ by CARE for an amount of upto ` 75,000 lacs vide its letter dated June 

12, 2013. The rating of the NCDs by CRISIL indicates high degree of safety regarding timely servicing of financial obligations and 

carrying very low credit risk. The rating of NCDs by CARE indicates high degree of safety as regards timely servicing of financial 

obligations and carrying very low credit risk. The ratings provided by CRISIL and/or CARE may be suspended, withdrawn or 

revised at any time by the assigning rating agency and should be evaluated independently of any other rating. These ratings are 

not a recommendation to buy, sell or hold securities and investors should take their own decisions. Please refer to Annexure 1 of 

the Prospectus for the rationale for the above ratings. 

LISTING 

The NCDs offered through the Prospectus are proposed to be listed on the National Stock Exchange of India Limited (“NSE”) and 

the BSE Limited (“BSE”). Our Company has obtained an ‘in-principle’ approval for the Issue from the NSE vide their letter dated 

July 2, 2013 and from the BSE vide their letter dated July 2, 2013. For the purposes of the Issue, NSE shall be the Designated 

Stock Exchange. 

ISSUE PROGRAMME* 

ISSUE OPENS ON : JULY 16, 2013 ISSUE CLOSES ON : JULY 29, 2013 

* The subscription list for the Issue shall remain open for subscription on Working Days during banking hours for the period indicated above, except that the Issue may close on such earlier date or extended 

date as may be decided at the discretion of the duly authorised committee of Directors of our Company subject to necessary approvals. In the event of such early closure or extension of the Issue, 

our Company shall ensure that notice of the same is provided to the prospective investors, on or before such early date of closure or the initial Closing Date, as the case may be, through advertisement/s 

in a leading national daily newspaper. 

IDBI Trusteeship Services Limited has by its letter dated June 7, 2013 given its consent for its appointment as Debenture Trustee to the Issue and for its name to be included in the Prospectus and in all 

the subsequent periodical communications sent to the holders of the Debentures issued pursuant to this Issue. A copy of the final Prospectus has been filed with the Registrar of Companies, Chennai, 

Tamil Nadu, in terms of section 56 and section 60 of the Act, along with the endorsed/certified copies of all requisite documents. For further details please refer to the section titled “Material Contracts 

and Documents for Inspection” beginning on page 364 of the Prospectus. 

Shriram Transport Finance Company Limited 

3


DETAILS RELATING TO ENTITIES ASSOCIATED 

WITH THE ISSUE 

LEAD MANAGERS TO THE ISSUE 

JM Financial Institutional Securities Private Limited 

141 Maker Chambers III, 

Nariman Point 

Mumbai - 400 021 

Tel: +91 22 6630 3030 

Fax: +91 22 2204 7185 

Email: stfc.ncd@jmfl.com 

Investor Grievance Email: grievance.ibd@jmfl.com 

Website: www.jmfl.com 

Contact Person: Ms. Lakshmi Lakshmanan 

Compliance Officer: Mr. Chintal Sakaria 

(Email: chintal.sakaria@jmfl.com) 

SEBI Registration No.: INM000010361 

A. K. Capital Services Limited 

30-39, Free Press House, 

Free Press Journal Marg, 

215 Nariman Point, 

Mumbai - 400 021. 

Tel: +91 22 6754 6500 

Fax: +91 22 6610 0594 

Email: stfcncd2013@akgroup.co.in 

Investor Grievance Email: investor.grievance@akgroup.co.in 

Website: www.akcapindia.com 

Contact Person: Ms. Akshata Tambe/ 

Mr. Siddharth Shah 

Compliance Officer: Mr. Vikas Agarwal 

(Email: vikas.agarwal@akgroup.co.in) 

SEBI Registration No: INM000010411 

HDFC Bank Limited 

Investment Banking Division, 

Trade World ‘A’ Wing, 

1 st Floor, Kamala Mills, 

Senapati Bapat Marg, 

Lower Parel (W), 

Mumbai 400 013, India 

Tel: +91 22 3383 9197 

Fax: +91 22 4080 4114 

E-mail: amitkumaar.singh@hdfcbank.com 

Investor Grievance e-mail: 

investor.redressal@hdfcbank.com 

Website: www.hdfcbank.com 

Contact Person: Amit Kr. Singh 

Compliance Officer: Mr. Manoj Nadkarni 

(Email: manoj.nadkarni@hdfcbank.com) 

SEBI Registration Number: INM000011252 

ICICI Securities Limited * 

ICICI Centre, H.T. Parekh Marg, 

Churchgate, Mumbai 400 020, Maharashtra, India 

Tel: +91 22 2288 2460 

Fax: +91 22 2282 6580 

E-mail: stfc.ncdissue2013@icicisecurities.com 

Investor Grievance Email: customercare@icicisecurities.com 

Contact Person: Manvendra Tiwari 

Compliance Officer: Mr. Subir Saha 

(Email: subir.saha@icicisecurities.com) 


* SEBI registration of ICICI Securities Limited expires on July 8, 2013 and 

the application for renewal of certificate of registration was made by ICICI 

Securities Limited to SEBI on March 20, 2013 as required under Regulation 8A 

(1) of SEBI (Merchant Bankers) Regulations,1992. The approval of SEBI in this 

regard is awaited. 

CO-LEAD MANAGERS TO THE ISSUE 

Karvy Investor Services Limited 

702, Hallmark Business Plaza, 

7 th Floor, Sant Dynaneshwar Marg, 

Opp Gurunanak Hospital, Bandra (East), 

Mumbai- 400051. 

Tel: +91 22 6149 1500 

Fax: +91 22 6149 1515 

E-mail: stfcncd2013@karvy.com 

Investor Grievance Email: igmbd@karvy.com 

Website: www.karvy.com 

Contact Person: Mr. Sumit Singh 

Compliance Officer: Mr. V. Madhusudhan Rao 

(Email: madhu@karvy.com) 


RR Investors Capital Services Private Limited ** 

47, M.M Road, 

Rani Jhansi Marg, 

Jhandewalan, 

New Delhi- 110055. 

Tel: +91 11 23636362/63 

Fax: +91 11 2363 6746 

Email: stfcncd2013@rrfcl.com 

Investor Grievance Email: investors@rrfcl.com 

Website: www.rrfinance.com/ www.rrfcl.com 

Contact Person: Mr. Sandeep Mahajan 

Compliance Officer: Mr. Sandeep Mahajan 

(Email: sandeepmahajan@rrfcl.com) 


** SEBI registration of RR Investors Capital Services Private Limited has 

expired on May 31, 2013 and the application for renewal of certificate of 

registration was made by RR Investors Capital Services Private Limited to SEBI 

on February 13, 2013 as required under Regulation 8A (1) of SEBI (Merchant 

Bankers) Regulations,1992. SEBI, in its reply to the aforementioned application 

has directed RR Investors Capital Services Private Limited to furnish certain 

documents/information and RR Investors Capital Services Private Limited has 

furnished the same vide its letter dated March 26, 2013. The approval of SEBI 

in this regard is awaited. 

4 Shriram Transport Finance Company Limited


SMC Capitals Limited 

302-303, Enterprise Centre, 

Near Orchid Hotel, 

Nehru Road, Vile Parle (E), 

Mumbai- 400 099. 

Tel: +91 22 6648 1818 

Fax: +91 22 6648 1850 

Email: stfc.ncd@smccapitals.com 

Investor Grievance Email: 

investor.grievance@smccapitals.com 

Website: www.smccapitals.com 

Contact Person: Abhishek Gaur 

Compliance Officer: Mr. Sanjeev Barnwal 

(Email: sanjeev.barnwal@smccapitals.com) 


Trust Investment Advisors Private Limited 

109/110, First Floor, Balrama, 

Bandra Kurla Complex, 

Bandra (East), Mumbai- 400051. 

Tel: +91 22 4084 5060 

Fax: +91 22 4084 5066 

Email: mbd.trust@trustgroup.co.in 

Investor Grievance Email: customercare@trustgroup.co.in 

Website: www.trustgroup.co.in 

Contact Person: Mr.Anindya Sen 

Compliance Officer: Mr. Balkrishna Shah 

(Email: balkrishna.shah@trustgroup.co.in) 


Compliance Officer (and Company Secretary) 

The details of the person appointed to act as Compliance Officer 

for the purposes of this Issue are set out below: 

Mr. Vivek Madhukar Achwal 

Company Secretary 


Wockhardt Towers, 

Level-3, West Wing, 

C –2, G Block, Bandra-Kurla Complex, 

Bandra (East), Mumbai –400 051. 

Tel.: +91 22 4095 9595 

Fax: +91 22 4095 9596/97 

Email: stfcncd5comp@stfc.in 

Investors may contact the Registrar to the Issue or the 

Compliance Officer in case of any pre-issue or post Issue related 

issues such as non-receipt of Allotment Advice, demat credit, 

refund orders, non-receipt of physical certificates, transfers, or 

interest on application money etc. 

DEBENTURE TRUSTEE 

IDBI Trusteeship Services Limited 

Asian Building, Ground Floor, 17, 

R. Kamani Marg, Ballard Estate, 

Mumbai- 400 001. 

Tel: +91 22 40807000 

Fax: + 91 22 66311776 

Website: http://www.idbitrustee.com 

Contact Person: Vitthal Nawandhar 

Email: vitthal.n@idbitrustee.com 

SEBI Registration No.: IND000000460 

IDBI Trusteeship Services Limited has by its letter dated June 7, 

2013 given its consent for its appointment as Debenture Trustee to 

the Issue and for its name to be included in the Prospectus and in 

all the subsequent periodical communications sent to the holders 

of the Debentures issued pursuant to this Issue. 

REGISTRAR TO THE ISSUE 

Integrated Enterprises (India) Limited 

2nd Floor, Kences Towers, 

No. 1, Ramakrishna Street, 

North Usman Road, 

T. Nagar, 

Chennai - 600 017 

Tel: + 91 44 28140801 to 803 

Fax: +91 44 28142479 

Email: stfcipo@integratedindia.in 

Investor Grievance Email: sureshbabu@integratedindia.in 

Website: www.integratedindia.in 

Contact Person: Ms Anusha N / Mr Sriram S 

SEBI Registration No: INR000000544 

JOINT STATUTORY AUDITORS 

M/s. S. R. Batliboi & Co. LLP 

Chartered Accountants 

12 th Floor, The Ruby, Ruby Mills, 

Senapati Bapat Marg, Dadar (W), 

Mumbai – 400 021. 

Tel: +91 22 6192 000 

Fax: +91 22 6192 3000 

Email: SRBC@in.ey.com 

ICAI Firm registration number: 301003E 

M/s. G. D. Apte & Co. 

Chartered Accountants 

9, Kamer Building, Plot No. 407, 

Cawasji Patel Street, 

Mumbai 400 001 

Tel: +91 22 2285 0254 

Fax: +91 20 2528 0275 

ICAI Firm registration number:100515W 

CREDIT RATING AGENCIES 

Credit Analysis and Research Limited 

4 th Floor, 

Godrej Coliseum, 

Somaiya Hospital Road, 

Off Eastern Express Highway, 

Sion (E), 

Mumbai – 22 

Tel: +91 22 6754 3456 

Fax: +91 22 6754 3457 

Email: ashvini.patil@careratings.com 

Website: www.careratings.com 

Contact Person: Ashivini Patil 

SEBI Registration No.: IN/CRA/004/1999 


5


CRISIL Limited 

CRISILHouse, Central Avenue, 

Hiranandani Business Park, Powai, 

Mumbai- 400076 

Tel: +91 22 3342 3000 (B) 

Fax: +91 22 3342 3050 

Email: crisilratingdesk@crisil.com 

Website: www.crisil.com 

Contact Person: Mr. Rupali Shanker 

SEBI Registration No.: IN/CRA/001/1999 

LEGAL ADVISOR TO THE ISSUE 

J Sagar Associates 

Vakils House, 

18, Sprott Road 

Ballard Estate 

Mumbai- 400 001 

Tel: +91 22 4341 8500 

Fax: +91 22 6656 1515 

ADVISORS TO THE ISSUER 

VNS Legal 

Advocates 

5th Floor, Mookambika Complex 

4, Lady Desika Road 

Mylapore 

Chennai - 600 004, India 

Email: shiva@vnslegal.in 

Tel: + 91 94440 76813, +91 44 2499 7133 

Fax: + 91 44 2499 0549 

BANKERS TO THE ISSUE 

Axis Bank Limited, HDFC Bank Ltd, ICICI Bank Limited, 

IndusInd Bank Limited, Yes Bank Limited 

Lead Brokers 

A. K. Stockmart Private Limited, Axis Capital Limited, Bajaj 

Capital Investor Services Limited, Edelweiss Broking Limited, 

HDFC Securities Limited, India Infoline Limited, ICICI Securities 

Limited, Integrated Enterprises (India) Limited, JM Financial 

Services Limited, Karvy Stock Broking Limited, RR Equity 

Brokers Private Limited, SMC Global Securities Limited, SPA 

Securities Limited, SHCIL Services Limited, Tata Securities 

Limited, Trust Financial Consultancy Services Private Limited 

BANKERS TO OUR COMPANY 

Abu Dhabi Commercial Bank, Allahabad Bank, Andhra Bank, 

Axis Bank Limited, Australia And New Zealand Banking Group 

Limited, Bank of Bahrain & Kuwait, Bank of America N.A., 

Bank of Ceylon, Bank of Baroda, Bank of Maharashtra, Bank of 

India, The Bank of Tokyo – Mitsubishi UFJ Limited, Barclays 

Bank PLC, Citi Bank N. A., Central Bank of India, Canara Bank, 

Corporation Bank, City Union Bank Limited , Dhanalaxmi 

Bank Limited, DBS Bank Limited, Deutsche Bank A. G., Dena 

Bank, Development Credit Bank Limited, The Federal Bank 

Limited, HDFC Bank Limited, The Hongkong And Shanghai 

Banking Corporation Limited, ICICI Bank Limited, IDBI 

Bank Limited, Indian Bank (Vile Parle (E)), Indian Overseas 

Bank Ltd, Indusind Bank Limited, Infrastructure Development 

Finance Limited, ING Vysya Bank Limited, J&K Bank Limited, 

Karnataka Bank Limited , Karur Vysya Bank Limited, Mizuho 

Corporate Bank Ltd, Kotak Mahindra Bank Limited, Punjab & 

Sind Bank, Oriental Bank of Commerce, The Ratnakar Bank 

Limited, Punjab National Bank, Shinhan Bank, Syndicate Bank, 

Standard Chartered Bank, The South Indian Bank Limited, State 

Bank of Bikaner And Jaipur, Small Industries Development 

Bank of India, State Bank of Hyderabad, Societe Generale, 

State Bank of Mauritius Limited, State Bank of India, State 

Bank of Patiala, State Bank of Mysore, Uco Bank, State Bank of 

Travancore, United Bank of India, Union Bank of India, Yes Bank 

Limited, Vijaya Bank , UBS AG, Tamilnad Mercantile Bank 

Limited 

TABLE OF CONTENTS 

PAGE NO. 

OBJECTS OF THE ISSUE 7 

ISSUE PROCEDURE 7 

PAYMENT INSTRUCTIONS 17 

OTHER INFORMATION 23 

DETAILS PERTAINING TO THE COMPANY 36 

LEGAL AND OTHER INFORMATION 38 

RISK FACTORS 40 

DECLARATION 43 

CENTERS FOR AVAILABILITY AND 

44 

ACCEPTANCE OF APPLICATION FORMS 

LIST OF SELF CERTIFICED SYNDICATE 48 

BANKS(SCSBS) UNDER THE ASBA 

PROCESS 

Declaration 

Participation of any of the aforementioned categories of persons or entities is subject to the applicable statutory and/or regulatory requirements 

in connection with the subscription to Indian securities by such categories of persons or entities. 

Applicants are advised to ensure that Applications made by them do not exceed the investment limits or maximum number of NCDs that can 

be held by them under applicable statutory and or regulatory provisions. 

Applicants are advised to ensure that they have obtained the necessary statutory and/or regulatory permissions/consents/approvals in 

connection with applying for, subscribing to, or seeking Allotment of NCDs pursuant to the Issue. 

The Lead Managers, Co-Lead Managers and their respective associates and affiliates are permitted to subscribe in the Issue. 

Applicants are advised to read the Prospectus filed with Registrar of Companies and the general instructions contained in this application form 

carefully and to satisfy themselves of the disclosures before making an application for subscription. Unless otherwise specified, all the terms 

used in this Application Form have the same meaning as in the Prospectus. For a copy of the Prospectus, the applicant may request us and/or 

the Lead Managers and Co-Lead Managers. Further investors are advised to retain the copy of the Prospectus/Abridged Prospectus for their 

future reference. Please fill in the Form in English using BLOCK letters. Investors should carefully choose the Series of NCDs they wish to apply 

for. For details, please refer to section ‘Terms of the Issue’ on page 259 of the Prospectus. 



DETAILS PERTAINING TO THE ISSUE 

Our Company and the Lead Managers are not liable for any 

amendment or modification or changes in applicable laws or 

regulations, which may occur after the date of the Prospectus. 

A. Objects Of The Issue 

1. Issue Proceeds: The funds raised through this Issue, after 

meeting the expenditures of and related to the Issue, will be 

used for our various financing activities including lending 

and investments, subject to the restrictions contained in the 

Foreign Exchange Management (Borrowing and Lending in 

Rupee) Regulations, 2000, and other applicable statutory and/ 

or regulatory requirements, to repay our existing loans and our 

business operations including for our capital expenditure and 

working capital requirements. 

The Main Objects clause of the Memorandum of Association of 

our Company permits our Company to undertake the activities for 

which the funds are being raised through the present Issue and also 

the activities which our Company has been carrying on till date. 

Further, in accordance with the Debt Regulations, our Company 

will not utilize the proceeds of the Issue for providing loans to 

or acquisitions of shares of any person who is a part of the same 

group as our Company or who is under the same management 

as our Company. 

The Issue proceeds shall not be utilized towards full or part 

consideration for the purchase or any other acquisition, inter alia 

by way of a lease, of any immovable property. 

Further, the Company undertakes that Issue proceeds from NCDs 

allotted to banks shall not be used for any purpose which may be in 

contravention of the RBI guidelines on bank financing to NBFCs 

including those relating to classification as capital market exposure 

or any other sectors that are prohibited under the RBI regulations. 

2. Interim Use of Proceeds: For further details, please refer to 

the page on 119 of the Prospectus. 

3. Monitoring of Utilization of Funds: For further details, 

please refer to the page on 119 of the Prospectus. 

b. issue procedure 

PROCeDURE FOR APPLICATION 

4. Availability of Prospectus and Application Forms: Please 

note that there is a single Application Form for ASBA 

Applicants as well as Non-ASBA Applicants who are Persons 

Resident in India. 

Physical copies of the abridged Prospectus containing the salient 

features of the Prospectus together with Application Forms may 

be obtained from: 

(a) Our Company’s Registered Office and Corporate Office; 

(b) Offices of the Lead Managers, Co-Lead Managers, Lead 

Brokers and sub-brokers; 

(c) Trading Members; and 

(d) Designated Branches of the SCSBs. 

Electronic Application Forms may be available for download 

on the websites of the Stock Exchanges and on the websites 

of the SCSBs that permit submission of ASBA Applications 

electronically. A unique application number (“UAN”) will be 

generated for every Application Form downloaded from the 

websites of the Stock Exchanges. Our Company may also 

provide Application Forms for being downloaded and filled at 

such websites as it may deem fit. In addition, brokers having 

online demat account portals may also provide a facility of 

submitting the Application Forms virtually online to their 

account holders. 

Trading Members of the Stock Exchanges can download 

Application Forms from the websites of the Stock Exchanges. 

Further, Application Forms will be provided to Trading Members 

of the Stock Exchanges at their request. 

On a request being made by any Applicant before the Issue 

Closing Date, physical copies of the Prospectus and Application 

Form can be obtained from the Company’s Registered and 

Corporate Office, as well as offices of the Lead Managers and 

the Co-Lead Managers. Electronic copies of the Prospectus will 

be available on the websites of the Lead Managers, the Co- 

Lead Managers, the Designated Stock Exchange, SEBI and the 

SCSBs. 

5. Who are eligible to apply for NCDs? The following 

categories of persons are eligible to apply in the Issue: 

Category I : Institutional Investors: 

• Resident public financial institutions as specified in Section 4 

A of the Companies Act, 1956, authorized to invest in the NCDs; 

• Statutory corporations including State Industrial Development 

Corporations, commercial banks, co-operative banks and 

regional rural banks incorporated in India and authorized to 

invest in the NCDs; 

• Indian Provident funds, pension funds, superannuation funds 

and gratuity funds, authorized to invest in the NCDs; 

• Indian alternative investment funds registered with SEBI; 

• Indian insurance companies registered with the IRDA; 

• Indian Mutual Funds registered with SEBI; 

• National Investment Fund set up pursuant to the resolution 

F. No. 2/3/2005-DD-II dated November 23, 2005 by the 

Government of India; and 

Insurance funds set up and managed by the Indian army, navy 

or the air force of the Union of India or by the Department of 

Posts, India 

Category II: Non Institutional Investors: 

• Companies, bodies corporate and societies, registered under 

the applicable laws in India, and authorized to invest in the 

NCDs; 

• Trusts settled under the Indian Trusts Act, 1882, public/private 

charitable/religious trusts settled and/or registered in India under 

applicable laws, which are authorized to invest in the NCDs; 

• Resident Indian scientific and/or industrial research 

organizations, authorized to invest in the NCDs; 

• Partnership firms formed under applicable laws in India in the 

name of the partners, authorized to invest in the NCDs; and 

Limited Liability Partnerships formed and registered under the 

provisions of the Limited Liability Partnership Act, 2008 (No. 6 of 

2009), authorized to invest in the NCDs. 

Category III: High Net-worth Individual, (“HNIs”), Investors 

• Resident Indian individuals who apply for NCDs aggregating to 

a value more than ` 5 lacs, across all Series of NCDs; and 

• Hindu Undivided Families through the Karta who apply for 

NCDs aggregating to a value more than ` 5 lacs, across all Series 

of NCDs. 

Category IV: Retail Individual Investors 

• Resident Indian individuals who apply for NCDs aggregating to 

a value not more than ` 5 lacs, across all Series of NCDs; and 


7


• Hindu Undivided Families through the Karta who apply for 

NCDs aggregating to a value not more than ` 5 lacs, across all 

Series of NCDs 

Please note that it is clarified that Persons Resident Outside 

India shall not be entitled to participate in the Issue and any 

applications from such persons are liable to be rejected. 

Participation of any of the aforementioned categories of 

persons or entities is subject to the applicable statutory 

and/or regulatory requirements in connection with the 

subscription to Indian securities by such categories of 

persons or entities. Applicants are advised to ensure that 

Applications made by them do not exceed the investment 

limits or maximum number of NCDs that can be held by them 

under applicable statutory and or regulatory provisions. 

Applicants are advised to ensure that they have obtained the 

necessary statutory and/or regulatory permissions/ consents/ 

approvals in connection with applying for, subscribing to, or 

seeking Allotment of NCDs pursuant to the Issue. 

The Lead Managers, the Co-Lead Managers and their respective 

associates and affiliates are permitted to subscribe in the Issue. 

6. Who are not eligible to apply for NCDs? The following 

categories of persons, and entities, shall not be eligible to 

participate in the Issue and any Applications from such persons 

and entities are liable to be rejected: 

a) Minors without a guardian name*; 

b) Foreign nationals inter-alia including any NRIs who are (i) 

based in the USA, and/or, (ii) domiciled in the USA, and/or, 

(iii) residents/citizens of the USA, and/or, (iv) subject to any 

taxation laws of the USA; 

c) Persons resident outside India; 

d) Foreign Institutional Investors; 

e) Qualified Foreign Investors; 

f) Overseas Corporate Bodies; and 

g) Persons ineligible to contract under applicable statutory/ 

regulatory requirements. 

* Applicant shall ensure that guardian is competent to contract under 

Indian Contract Act, 1872 

Based on the information provided by the Depositories, the 

Company shall have the right to accept Applications belonging 

to an account for the benefit of a minor (under guardianship). In 

case of Applications for Allotment of NCDs, the Registrar to the 

Issue shall verify the above on the basis of the records provided 

by the Depositories based on the DP ID and Client ID provided 

by the Applicants in the Application Form and uploaded onto 

the electronic system of the Stock Exchanges. 

The concept of Overseas Corporate Bodies (meaning any 

company, partnership firm, society and other corporate body or 

overseas trust irrevocably owned/held directly or indirectly to 

the extent of at least 60% by NRIs), which was in existence until 

2003, was withdrawn by the Foreign Exchange Management 

(Withdrawal of General Permission to Overseas Corporate 

Bodies) Regulations, 2003. Accordingly, OCBs are not permitted 

to invest in the Issue. 

No offer to the public (as defined under Directive 2003/71/EC, 

together with any amendments and implementing measures 

thereto, the “Prospectus Directive”) has been or will be made 

in respect of the Issue or otherwise in respect of the NCDs, in 

any Member State of the European Economic Area which has 

implemented the Prospectus Directive (a “Relevant Member 

State”) except for any such offer made under exemptions 

available under the Prospectus Directive, provided that no such 

offer shall result in a requirement to publish or supplement a 

prospectus pursuant to the Prospectus Directive, in respect of 

the Issue or otherwise in respect of the NCDs. 

Please refer to “Rejection of Applications” on page 300 of the 

Prospectus for information on rejection of Applications. 

7. Modes of Making Applications: Applicants may use any of 

the following facilities for making Applications: 

(a) ASBA Applications through the Lead Managers, the Co-Lead 

Managers, Lead Brokers, sub-brokers or the Trading Members 

of the Stock Exchanges only in the Specified Cities (namely, 

Mumbai, Chennai, Kolkata, Delhi, Ahmedabad, Rajkot, Jaipur, 

Bengaluru, Hyderabad, Pune, Vadodara and Surat) (“Syndicate 

ASBA”). For further details please refer to “Submission of ASBA 

Applications” on page 285 of the Prospectus; 

(b) ASBA Applications through the Designated Branches of the 

SCSBs. For further details please refer to “Submission of ASBA 

Applications” on page 285 of the Prospectus; and 

(c) Non-ASBA Applications through the Lead Managers, the 

Co-Lead Managers, Lead Brokers, sub-brokers or the Trading 

Members of the Stock Exchanges at the centres mentioned in 

Application Form. For further details please refer to “Submission 

of Non-ASBA Applications (other than Direct Online 

Applications)” on page 286 of the Prospectus. 

(d) Non-ASBA Applications for Allotment in physical form 

through the Lead Managers, the Co-Lead Managers, Lead 

Brokers, sub-brokers or the Trading Members of the Stock 

Exchanges at the centres mentioned in Application Form. 

For further details please refer to “Submission of Non-ASBA 

Applications for Allotment of NCDs in the Physical Form” on 

page 284 of the Prospectus. 

(e) Please note that clarifications and/or confirmations regarding 

the implementation of the requisite infrastructure and facilities in 

relation to direct online applications and online payment facility 

have been sought from the Stock Exchanges and the Stock 

Exchanges have confirmed that the necessary infrastructure and 

facilities for the same have not been implemented by both Stock 

Exchanges. Hence, the Direct Online Application facility will 

not be available for this Issue. 

APPLICATIONS FOR ALLOTMENT OF NCDs 

Details for Applications by certain categories of Applicants 

including documents to be submitted are summarized below. 

8. Applications by Mutual Funds: No mutual fund scheme shall 

invest more than 15% of its NAV in debt instruments issued by 

a single Company which are rated not below investment grade 

by a credit rating agency authorized to carry out such activity. 

Such investment limit may be extended to 20% of the NAV of 

the scheme with the prior approval of the Board of Trustees and 

the Board of the relevant asset management company. 

A separate Application can be made in respect of each scheme 

of an Indian mutual fund registered with SEBI and such 

Applications shall not be treated as multiple Applications. 

Applications made by the AMCs or custodians of a Mutual 

Fund shall clearly indicate the name of the concerned scheme 

for which Application is being made. In case of Applications 

made by Mutual Fund registered with SEBI, a certified copy of 

their SEBI registration certificate must be submitted with the 

Application Form. The Applications must be also accompanied 

by certified true copies of (i) SEBI Registration Certificate and 

trust deed (ii) resolution authorising investment and containing 



operating instructions and (iii) specimen signatures of authorized 

signatories. Failing this, our Company reserves the right to 

accept or reject any Application in whole or in part, in 

either case, without assigning any reason therefor. 

9. Application by Commercial Banks, Co-operative Banks 

and Regional Rural Banks: Commercial Banks, Co-operative 

banks and Regional Rural Banks can apply in the Issue based 

on their own investment limits and approvals. The Application 

Form must be accompanied by certified true copies of their (i) 

memorandum and articles of association/charter of constitution; 

(ii) power of attorney; (iii) resolution authorising investments/ 

containing operating instructions; and (iv) specimen signatures 

of authorised signatories. Failing this, the Company reserves 

the right to accept or reject any Application in whole or in 

part, in either case, without assigning any reason therefor. 

Pursuant to SEBI Circular no. CIR/CFD/DIL/1/2013 dated 

January 2, 2013, SCSBS making applications on their own 

account using ASBA facility, should have a separate account 

in their own name with any other SEBI registered SCSB. 

Further, such account shall be used solely for the purpose 

of making application in public issues and clear demarcated 

funds should be available in such account for ASBA 

applications. 

10. Application by Insurance Companies: In case of 

Applications made by insurance companies registered with 

the Insurance Regulatory and Development Authority, 

a certified copy of certificate of registration issued by 

Insurance Regulatory and Development Authority must be 

lodged along with Application Form. The Applications must 

be accompanied by certified copies of (i) Memorandum and 

Articles of Association (ii) Power of Attorney (iii) Resolution 

authorising investment and containing operating instructions 

(iv) Specimen signatures of authorized signatories. Failing 

this, our Company reserves the right to accept or reject 

any Application in whole or in part, in either case, without 

assigning any reason therefor. 

11. Application by Indian Alternative Investment Funds: 

Applications made by Alternative Investments Funds eligible 

to invest in accordance with the Securities and Exchange 

Board of India (Alternative Investment Fund) Regulations, 

2012, as amended (the “SEBI AIF Regulations”) for 

Allotment of the NCDs must be accompanied by certified 

true copies of (i) SEBI registration certificate; (ii) a resolution 

authorising investment and containing operating instructions; 

and (iii) specimen signatures of authorised persons. Failing 

this, our Company reserves the right to accept or reject 

any Application in whole or in part, in either case, without 

assigning any reason therefor. The Alternative Investment 

Funds shall at all times comply with the requirements 

applicable to it under the SEBI AIF Regulations and the 

relevant notifications issued by SEBI. 

11. Applications by Trusts: In case of Applications made 

by trusts, settled under the Indian Trusts Act, 1882, as 

amended, or any other statutory and/or regulatory provision 

governing the settlement of trusts in India, must submit a 

(i) certified copy of the registered instrument for creation of 

such trust, (ii) Power of Attorney, if any, in favour of one or 

more trustees thereof, (iii) such other documents evidencing 

registration thereof under applicable statutory/regulatory 

requirements. Further, any trusts applying for NCDs 

pursuant to the Issue must ensure that (a) they are authorized 

under applicable statutory/regulatory requirements and their 

constitution instrument to hold and invest in debentures, 

(b) they have obtained all necessary approvals, consents or 

other authorisations, which may be required under applicable 

statutory and/or regulatory requirements to invest in 

debentures, and (c) Applications made by them do not exceed 

the investment limits or maximum number of NCDs that can 

be held by them under applicable statutory and or regulatory 

provisions. Failing this, our Company reserves the right 

to accept or reject any Applications in whole or in part, in 


12. Applications by Public Financial Institutions, Statutory 

Corporations, which are authorized to invest in the NCDs: 

The Application must be accompanied by certified true copies 

of: (i) Any Act/ Rules under which they are incorporated; (ii) 

Board Resolution authorising investments; and (iii) Specimen 

signature of authorized person. Failing this, our Company 

reserves the right to accept or reject any Applications 

in whole or in part, in either case, without assigning any 

reason therefor. 

13. Applications by Provident Funds, Pension Funds, 

Superannuation Funds and Gratuity Fund, which are 

authorized to invest in the NCDs: The Application must be 

accompanied by certified true copies of: (i) Any Act/Rules under 

which they are incorporated; (ii) Power of Attorney, if any, in 

favour of one or more trustees thereof, (iii) Board Resolution 

authorising investments; (iii) such other documents evidencing 

registration thereof under applicable statutory/regulatory 

requirements; (iv) Specimen signature of authorized person; (v) 

certified copy of the registered instrument for creation of such 

fund/trust; and (vi) Tax Exemption certificate issued by Income 

Tax Authorities, if exempt from Tax. Failing this, our Company 

reserves the right to accept or reject any Application in 

whole or in part, in either case, without assigning any reason 

therefor. 

14. Applications by National Investment Fund: The 

application must be accompanied by certified true copies of: 

(i) resolution authorising investment and containing operating 

instructions; and (ii) Specimen signature of authorized person. 

Failing this, our Company reserves the right to accept or 

reject any Application in whole or in part, in either case, 

without assigning any reason therefor. 

15. Companies, bodies corporate and societies registered 

under the applicable laws in India: The Application must be 

accompanied by certified true copies of: (i) Any Act/ Rules under 

which they are incorporated; (ii) Board Resolution authorising 

investments; and (iii) Specimen signature of authorized person. 

Failing this, our Company reserves the right to accept or 

reject any Applications in whole or in part, in either case, 

without assigning any reason therefor. 

16. Indian Scientific and/or Industrial Research 

Organizations, which are authorized to invest in the NCDs: 

The Application must be accompanied by certified true copies 

of: (i) Any Act/ Rules under which they are incorporated; (ii) 

Board Resolution authorising investments; and (iii) Specimen 

signature of authorized person. Failing this, our Company 

reserves the right to accept or reject any Applications 

in whole or in part, in either case, without assigning any 

reason therefore. 

Partnership firms formed under applicable Indian laws in 

the name of the partners and Limited Liability Partnerships 


9


formed and registered under the provisions of the Limited 

Liability Partnership Act, 2008 (No. 6 of 2009) 

The Application must be accompanied by certified true copies of: 

(i) Partnership Deed; (ii) Any documents evidencing registration 

thereof under applicable statutory/regulatory requirements; (iii) 

Resolution authorizing investment and containing operating 

instructions (Resolution); (iv) Specimen signature of authorized 

person. Failing this, our Company reserves the right to 

accept or reject any Applications in whole or in part, in 


17. Applications under Power of Attorney: In case of 

Applications made pursuant to a power of attorney by Applicants 

who are Institutional Investors or Non Institutional Investors, a 

certified copy of the power of attorney or the relevant resolution 

or authority, as the case may be, with a certified copy of the 

memorandum of association and articles of association and/ 

or bye laws must be submitted with the Application Form. In 

case of Applications made pursuant to a power of attorney by 

Applicants who are HNI Investors or Retail Individual Investors, 

a certified copy of the power of attorney must be submitted with 

the Application Form. Failing this, the Company reserves the 

right to accept or reject any Application in whole or in part, 

in either case, without assigning any reason therefor. The 

Company, in its absolute discretion, reserves the right to 

relax the above condition of attaching the power of attorney 

with the Application Forms subject to such terms and 

conditions that the Company, the Lead Managers and the 

Co-Lead Managers may deem fit. 

Brokers having online demat account portals may also provide 

a facility of submitting the Application Forms (ASBA as well as 

non-ASBA Applications) online to their account holders. Under 

this facility, a broker receives an online instruction through its 

portal from the Applicant for making an Application on his/ 

her behalf. Based on such instruction, and a power of attorney 

granted by the Applicant to authorise the broker, the broker 

makes an Application on behalf of the Applicant. 

APPLICATIONS FOR ALLOTMENT OF NCDs IN THE 

PHYSICAL AND DEMATERIALIZED FORM: 

18. Application for allotment in the physical form: 

Submission of Non- ASBA Applications for Allotment of 

the NCDs in physical form : Applicants can also apply for 

Allotment of the NCDs in physical form by submitting duly 

filled in Application Forms to the Lead Managers, the Co- 

Lead Managers, the Lead Brokers, sub-brokers or the Trading 

Members of the Stock Exchanges, with the accompanying 

account payee cheques or demand drafts representing the full 

Application Amount and KYC documents as specified under 

“Applications for Allotment of NCDs” and “Issue Procedure 

- Additional instructions for Applicants seeking Allotment 

of the NCDs in physical form” at pages 282 and 293 of the 

Prospectus respectively. The Lead Managers, the Co-Lead 

Managers, the Lead Brokers, sub-brokers and the Trading 

Members of the Stock Exchanges shall, on submission of 

the Application Forms to them, verify and check the KYC 

documents submitted by such Applicants and upload details of 

the Application on the online platforms of Stock Exchanges, 

following which they shall acknowledge the uploading of the 

Application Form by stamping the acknowledgment slip with 

the date and time and returning it to the Applicant. 

On uploading of the Application details, the Lead Managers, 

the Co-Lead Managers, the Lead Brokers, sub-brokers and 

Trading Members of the Stock Exchanges will submit the 

Application Forms, with the cheque/demand draft to the 

Escrow Collection Bank(s) along with the KYC documents, 

which will realise the cheque/demand draft, and send the 

Application Form and the KYC documents to the Registrar 

to the Issue, who shall check the KYC documents submitted 

and match Application details as received from the online 

platforms of Stock Exchanges with the Application Amount 

details received from the Escrow Collection Bank(s) for 

reconciliation of funds received from the Escrow Collection 

Bank(s). In case of discrepancies between the two databases, 

the details received from the online platforms of Stock 

Exchanges will prevail, except in relation to discrepancies 

between Application Amounts. Lead Managers, the Co-Lead 

Managers, the Lead Brokers, sub-brokers and the Trading 

Members of the Stock Exchanges are requested to note that all 

Applicants are required to be banked with only the designated 

branches of Escrow Collection Bank(s). On Allotment, 

the Registrar to the Issue will dispatch NCD certificates/ 

Allotment Advice to the successful Applicants to their 

addresses as provided in the Application Form. If the KYC 

documents of an Applicant are not in order, the Registrar 

to the Issue will withhold the dispatch of NCD certificates 

pending receipt of complete KYC documents from such 

Applicant. In such circumstances, successful Applicants 

should provide complete KYC documents to the Registrar 

to the Issue at the earliest. In such an event, any delay 

by the Applicant to provide complete KYC documents to 

the Registrar to the Issue will be at the Applicant’s sole 

risk and neither the Company, the Registrar to the Issue, 

the Escrow Collection Bank(s), nor the Lead Managers, 

the Co-Lead Managers and/or the Lead Brokers will be 

liable to compensate the Applicants for any losses caused 

to them due to any such delay, or liable to pay any interest 

on the Application Amounts for such period during 

which the NCD certificates are withheld by the Registrar 

to the Issue. Further, the Company will not be liable for 

any delays in payment of interest on the NCDs Allotted 

to such Applicants, and will not be liable to compensate 

such Applicants for any losses caused to them due to any 

such delay, or liable to pay any interest for such delay in 

payment of interest on the NCDs. 

For instructions pertaining to completing Application Form please 

see “Issue Procedure - General Instructions” and “Issue Procedure 

- Additional Instructions for Applicants seeking allotment of 

NCDs in physical form” on pages 288 and 293 of the Prospectus 

respectively. 

19. Applications for allotment in the dematerialized form: 

Submission of ASBA Applications: Applicants can also apply 

for NCDs using the ASBA facility. ASBA Applications can be 

submitted through either of the following modes: 

a) Physically or electronically to the Designated Branches 

of the SCSB with whom an Applicant’s ASBA Account 

is maintained. In case of ASBA Application in physical 

mode, the ASBA Applicant shall submit the Application 

Form at the relevant Designated Branch of the SCSB. The 

Designated Branch shall verify if sufficient funds equal to 

the Application Amount are available in the ASBA Account 

and shall also verify that the signature on the Application 

Form matches with the Investor’s bank records, as 

mentioned in the ASBA Application, prior to uploading 



such ASBA Application into the electronic system of the 

Stock Exchanges. If sufficient funds are not available in 

the ASBA Account, the respective Designated Branch 

shall reject such ASBA Application and shall not 

upload such ASBA Application in the electronic system 

of the Stock Exchanges. If sufficient funds are available 

in the ASBA Account, the Designated Branch shall block 

an amount equivalent to the Application Amount and 

upload details of the ASBA Application in the electronic 

system of the Stock Exchanges. The Designated Branch 

of the SCSBs shall stamp the Application Form and issue 

an acknowledgement as proof of having accepted the 

Application. In case of Application in the electronic mode, 

the ASBA Applicant shall submit the ASBA Application 

either through the internet banking facility available with 

the SCSB, or such other electronically enabled mechanism for 

application and blocking funds in the ASBA Account held with 

SCSB, and accordingly registering such ASBA Applications. 

b) Physically through the Lead Managers, Co-Lead 

Managers, Lead Brokers, sub-brokers or Trading Members 

of the Stock Exchanges only at the Specified Cities (Mumbai, 

Chennai, Kolkata, Delhi, Ahmedabad, Rajkot, Jaipur, Bangalore, 

Hyderabad, Pune, Vadodara and Surat), i.e. Syndicate ASBA. 

Kindly note that ASBA Applications submitted to the Lead 

Managers, the Co-Lead Managers, Lead Brokers, sub-brokers 

or Trading Members of the Stock Exchanges at the Specified 

Cities will not be accepted if the SCSB where the ASBA 

Account, as specified in the ASBA Application, is maintained 

has not named at least one branch at that Specified City for 

the Lead Managers, the Co-Lead Managers, Lead Brokers, 

sub-brokers or Trading Members of the Stock Exchanges, as 

the case may be, to deposit ASBA Applications (A list of 

such branches is available at http://www.sebi.gov.in/sebiweb/ 

home/list/5/33/0/0/Recognised-Intermediaries). 

Upon receipt of the Application Form by the Lead 

Managers, the Co-Lead Managers, Lead Brokers, subbrokers 

or Trading Members of the Stock Exchanges, as 

the case may be, an acknowledgement shall be issued by 

giving the counter foil of the Application Form to the ASBA 

Applicant as proof of having accepted the Application. 

Thereafter, the details of the Application shall be uploaded 

in the electronic system of the Stock Exchanges and the 

Application Form shall be forwarded to the relevant branch 

of the SCSB, in the relevant Specified City, named by such SCSB 

to accept such ASBA Applications from the Lead Managers, 

the Co-Lead Managers, Lead Brokers, sub-brokers or Trading 

Members of the Stock Exchanges, as the case may be (A list 

of such branches is available at http://www.sebi.gov.in/sebiweb/ 

home/list/5/33/0/0/Recognised-Intermediaries). Upon receipt 

of the ASBA Application, the relevant branch of the SCSB 

shall perform verification procedures including verification of 

the Applicant’s signature with his bank records and check if 

sufficient funds equal to the Application Amount are available 

in the ASBA Account, as mentioned in the ASBA Form. If 

sufficient funds are not available in the ASBA Account, the 

relevant ASBA Application is liable to be rejected. If sufficient 

funds are available in the ASBA Account, the relevant branch of 

the SCSB shall block an amount equivalent to the Application 

Amount mentioned in the ASBA Application. The Application 

Amount shall remain blocked in the ASBA Account until 

approval of the Basis of Allotment and consequent transfer 

of the amount against the Allotted NCDs to the Public 

Issue Account(s), or until withdrawal/ failure of the Issue 

or until withdrawal/ rejection of the Application Form, as 

the case may be. 

20 ASBA Applicants must note that: 

(a) Physical Application Forms will be available with the 

Designated Branches of the SCSBs and with the Lead 


and Trading Members of the Stock Exchanges at 

the Specified Cities; and electronic Application Forms will 

be available on the websites of the SCSBs and the Stock 

Exchanges at least one day prior to the Issue Opening Date. 

Application Forms will also be provided to the Trading 

Members of the Stock Exchanges at their request. The 

Application Forms would be serially numbered. Further, 

the SCSBs will ensure that the abridged Prospectus is 

made available on their websites. 

(b) The Designated Branches of the SCSBs shall accept 

ASBA Applications directly from ASBA Applicants only 

during the Issue Period. The SCSB shall not accept any 

ASBA Applications directly from ASBA Applicants after 

the closing time of acceptance of Applications on the Issue 

Closing Date. However, in case of Syndicate ASBA, the 

relevant branches of the SCSBs at Specified Cities can accept 

ASBA Applications from the Lead Managers, the Co-Lead 


of the Stock Exchanges, as the case may be, after the closing 

time of acceptance of Applications on the Issue Closing 

Date. For further information on the Issue programme, 

please refer to “General Information – Issue Programme” 

on page 52 of the Prospectus. 

(c) In case of Applications through Syndicate ASBA, the 

physical Application Form shall bear the stamp of the 

Lead Managers, the Co-Lead Managers, Lead Brokers, subbrokers 

or Trading Members of the Stock Exchanges, as the 

case maybe, if not, the same shall be rejected. Application 

Forms directly submitted to SCSBs should bear the 

stamp of SCSBs, if not, the same are liable to be rejected. 

Please note that ASBA Applicants can make an Application for 

Allotment of NCDs in the dematerialized form only. 

21. Submission of Non-ASBA Applications (Other 

than Direct Online Applications): Applicants must use 

the specified Application Form, which will be serially 

numbered, bearing the stamp of the relevant Lead Manager, 

the Co-Lead Managers, Lead Broker, sub-broker or Trading 

Member of the Stock Exchanges, as the case maybe, from 

whom such Application Form is obtained. Such Application 

Form must be submitted to the relevant Lead Manager, the 

Co-Lead Managers, Lead Broker, sub-broker or Trading 

Member of the Stock Exchanges, as the case maybe, at the 

centers mentioned in the Application Form along with the 

cheque or bank draft for the Application Amount, before the 

closure of the Issue Period. The Stock Exchanges may also 

provide Application Forms for being downloaded and filled. 

Accordingly the investors may download Application Forms 

and submit the completed Application Forms together with 

cheques/ demand drafts to the Lead Manager, the Co-Lead 

Managers, Lead Broker, sub-broker or Trading Member of the 

Stock Exchanges at the centers mentioned in the Application 

Form. On submission of the complete Application Form, the 

relevant Lead Manager, the Co-Lead Managers, Lead Broker, 

sub-broker or Trading Member of the Stock Exchange, 


11


as the case maybe, will upload the Application Form on 

the electronic system provided by the Stock Exchange, 

and once an Application Form has been uploaded, issue 

an acknowledgement of such upload by stamping the 

acknowledgement slip attached to the Application Form 

with the relevant date and time and return the same to the 

Applicant. Thereafter, the Application Form together with 

the cheque or bank draft shall be forwarded to the Escrow 

Collection Banks for realization and further processing. 

The duly stamped acknowledgment slip will serve as a 

duplicate Application Form for the records of the Applicant. 

The Applicant must preserve the acknowledgment slip and 

provide the same in connection with: 

(a) any cancellation/ withdrawal of their Application; 

(b) queries in connection with allotment and/ or refund(s) of 

NCDs; and/or 

(c) all investor grievances/ complaints in connection with the Issue. 

22. Submission of Direct Online Applications: 

Please note that clarifications and/or confirmations regarding 

the implementation of the requisite infrastructure and 

facilities in relation to direct online applications and online 

payment facility have been sought from the Stock Exchanges 

and the Stock Exchanges have confirmed that the necessary 

infrastructure and facilities for the same have not been 

implemented by both Stock Exchanges. Hence, the Direct 

Online Application facility will not be available for this Issue 

Applicants having operational beneficiary accounts can opt to 

submit Direct Online Applications through the online platform 

and online payment facility offered by Stock Exchanges. Such 

Applicants must: 

• log on to the online platform of the Stock Exchange; 

• use and duly fill the Application Form available on the online 

platform of the Stock Exchange; 

• use the optional facility (if provided by the Stock Exchange 

to supply the details of the broker who referred the Issue to the 

Applicant), if any; 

• submit the above information online following the instructions 

stated therein; and 

• make the requisite payment for the NCDs applied for using the 

online payment facility. 

Relevant “know your customer” details of such Applicants will 

be validated online from the Depositories, on the basis of the 

DP ID and Client ID provided by them in the Application Form. 

On successful submission of a Direct Online Application, the 

Applicant will receive a system-generated UAN and an SMS 

or an e-mail confirmation on credit of the requisite Application 

Amount paid through the online payment facility with the Direct 

Online Application. On Allotment, the Registrar to the Issue 

shall credit NCDs to the beneficiary account of the Applicant and 

in case of refund, the refund amount shall be credited directly 

to the Applicant’s bank account. Applicants applying through 

the Direct Online Application facility must preserve their UAN 

and quote their UAN in: (a) any cancellation/withdrawal of 

their Application; (b) in queries in connection with Allotment 

of NCDs and/or refund(s); and/or (c) in all investor grievances/ 

complaints in connection with the Issue. 

As per Circular No. CIR./IMD/DF-1/20/2012 dated July 27, 

2012 issued by SEBI, the availability of the Direct Online 

Applications facility is subject to the Stock Exchanges 

putting in place the necessary systems and infrastructure, 

and accordingly the aforementioned disclosures are subject 

to any further clarifications, notification, modification 

deletion, direction, instructions and/or correspondence that 

may be issued by the Stock Exchanges and/or SEBI. 

INSTRUCTIONS FOR FILLING-UP THE APPLICATION 

FORM 

23. General Instructions: 

A. General instructions for completing the Application Form 

• Applications must be made in prescribed Application Form 

only; 

• Application Forms must be completed in block letters in 

English, as per the instructions contained in the Prospectus, 

the abridged Prospectus and the Application Form. 

• If the Application is submitted in joint names, the Application 

Form should contain only the name of the first Applicant whose 

name should also appear as the first holder of the depository 

account held in joint names. 

• Applications must be for a minimum of ten NCDs and in 

multiples of one NCD thereafter. For the purpose of fulfilling 

the requirement of minimum application size of ten NCDs, 

an Applicant may choose to apply for ten NCDs of the same 

Series or across different Series. Applicants may apply for one 

or more Series of NCDs Applied for in a single Application 

Form. 

• If the depository account is held in joint names, the 

Application Form should contain the name and PAN of the 

person whose name appears first in the depository account 

and signature of only this person would be required in the 

Application Form. This Applicant would be deemed to have 

signed on behalf of joint holders and would be required to 

give confirmation to this effect in the Application Form. 

• Applications should be made by Karta in case of HUFs. 

Applicants are required to ensure that the PAN details of the 

HUF are mentioned and not those of the Karta.; 

• Thumb impressions and signatures other than in English/ 

Hindi/Gujarati/Marathi or any other languages specified in 

the 8th Schedule of the Constitution needs to be attested by a 

Magistrate or Notary Public or a Special Executive Magistrate 

under his/her seal; 

• No separate receipts will be issued for the money payable 

on the submission of the Application Form. However, the 

Lead Managers, the Co-Lead Managers, Lead Brokers, subbrokers, 

Trading Members of the Stock Exchanges or the 

Designated Branches of the SCSBs, as the case may be, will 

acknowledge the receipt of the Application Forms by stamping 

and returning to the Applicants the acknowledgement slip. 

This acknowledgement slip will serve as the duplicate of the 

Application Form for the records of the Applicant. Applicants 

must ensure that the requisite documents are attached to 

the Application Form prior to submission and receipt of 

acknowledgement from the relevant Lead Manager, the Co- 

Lead Managers, Lead Broker, sub-broker, Trading Member of 

the Stock Exchanges or the Designated Branch of the SCSBs, 

as the case may be. 

• Every Applicant should hold valid Permanent Account 

Number (PAN) and mention the same in the Application Form. 

• All Applicants are required to tick the relevant column of 

“Category of Investor” in the Application Form. 

• All Applicants are required to tick the relevant box of the 



“Mode of Application” in the Application Form choosing 

either ASBA or Non-ASBA mechanism. 

• ASBA Applicants should correctly mention the ASBA 

Account number and ensure that funds equal to the Application 

Amount are available in the ASBA Account before submitting 

the Application Form to the Designated Branch and also 

ensure that the signature in the Application Form matches 

with the signature in Applicant’s bank records, otherwise the 

Application is liable to be rejected. 

Applicants should note that neither the Lead Managers, the 

Co-Lead Managers, Lead Brokers, sub-brokers, Trading 

Member of the Stock Exchanges, Escrow Collection 

Banks nor Designated Branches, as the case may be, will 

be liable for error in data entry due to incomplete or 

illegible Application Forms. 

Our Company would allot Series V NCDs to all valid 

Applications, wherein the Applicants have not indicated 

their choice of the relevant Series of NCDs. 

B. Applicant’s Beneficiary Account and Bank Account 

Details 

Applicants applying for Allotment in dematerialised form 

must mention their DP ID and Client ID in the Application 

Form, and ensure that the name provided in the Application 

Form is exactly the same as the name in which the Beneficiary 

Account is held. In case the Application Form for Allotment 

in dematerialised form is submitted in the first Applicant’s, 

it should be ensured that the Beneficiary Account is held in 

the same joint names and in the same sequence in which they 

appear in the Application Form. In case the DP ID, Client ID 

and PAN mentioned in the Application Form for Allotment in 

dematerialised form and entered into the electronic system of 

the Stock Exchanges do not match with the DP ID, Client ID 

and PAN available in the Depository database or in case PAN 

is not available in the Depository database, the Application 

Form for Allotment in dematerialised form is liable to be 

rejected. Further, Application Forms submitted by Applicants 

applying for Allotment in dematerialised form, whose 

beneficiary accounts are inactive, will be rejected. 

On the basis of the DP ID and Client ID provided by 

the Applicant in the Application Form for Allotment in 

dematerialised form and entered into the electronic system 

of the Stock Exchanges, the Registrar to the Issue will 

obtain from the Depositories the Demographic Details of the 

Applicant including PAN, address, bank account details for 

printing on refund orders/sending refunds through electronic 

mode, Magnetic Ink Character Recognition (“MICR”) Code 

and occupation. These Demographic Details would be used 

for giving Allotment Advice and refunds (including through 

physical refund warrants, direct credit, NECS, NEFT and 

RTGS), if any, to the Applicants. Hence, Applicants are 

advised to immediately update their Demographic Details as 

appearing on the records of the DP and ensure that they are 

true and correct, and carefully fill in their Beneficiary Account 

details in the Application Form. Failure to do so could result in 

delays in dispatch/credit of refunds to Applicants and delivery 

of Allotment Advice at the Applicants’ sole risk, and neither 

the Company, the Lead Managers, the Co-Lead Managers, 

Lead Brokers, sub-brokers, Trading Members of the Stock 

Exchanges, Escrow Collection Bank(s), SCSBs, Registrar to 

the Issue nor the Stock Exchanges will bear any responsibility 

or liability for the same. 

The Demographic Details would be used for correspondence with 

the Applicants including mailing of the Allotment Advice and 

printing of bank particulars on the refund orders, or for refunds 

through electronic transfer of funds, as applicable. Allotment 

Advice and physical refund orders (as applicable) would be 

mailed at the address of the Applicant as per the Demographic 

Details received from the Depositories. Applicants may note 

that delivery of refund orders/ Allotment Advice may get 

delayed if the same once sent to the address obtained from the 

Depositories are returned undelivered. In such an event, the 

address and other details given by the Applicant (other than 

ASBA Applicants) in the Application Form would be used 

only to ensure dispatch of refund orders. Please note that 

any such delay shall be at such Applicants sole risk and 

neither our Company, the Lead Managers, the Co-Lead 

Managers, Lead Brokers, sub-brokers, Trading Members 

of the Stock Exchanges, Escrow Collection Banks, SCSBs, 

Registrar to the Issue nor the Stock Exchanges shall be 

liable to compensate the Applicant for any losses caused 

to the Applicant due to any such delay or liable to pay any 

interest for such delay. In case of refunds through electronic 

modes as detailed in the Prospectus, refunds may be delayed 

if bank particulars obtained from the Depository Participant 

are incorrect. 

In case of Applications made under power of attorney, 

our Company in its absolute discretion, reserves the right 

to permit the holder of Power of Attorney to request the 

Registrar that for the purpose of printing particulars on the 

refund order and mailing of refund orders/ Allotment Advice, 

the demographic details obtained from the Depository of the 

Applicant shall be used. By signing the Application Form, 

the Applicant would have deemed to have authorized the 

Depositories to provide, upon request, to the Registrar to the 

Issue, the required Demographic Details as available on its 

records. The Demographic Details given by Applicant in the 

Application Form would not be used for any other purpose by 

the Registrar to the Issue except in relation to the Issue. 

With effect from August 16, 2010, the beneficiary accounts 

of Applicants for whom PAN details have not been verified 

shall be suspended for credit and no credit of NCDs pursuant 

to the Issue will be made into the accounts of such Applicants. 

Application Forms submitted by Applicants whose beneficiary 

accounts are inactive shall be rejected. Furthermore, in case 

no corresponding record is available with the Depositories, which 

matches the three parameters, namely, DP ID, Client ID and PAN, 

then such Application are liable to be rejected. 

C. Permanent Account Number (PAN) 

The Applicant should mention his or her Permanent 

Account Number (PAN) allotted under the IT Act. For 

minor Applicants, applying through the guardian, it is mandatory 

to mention the PAN of the minor Applicant. However, 

Applications on behalf of the Central or State Government 

officials and the officials appointed by the courts in terms of a 

SEBI circular dated June 30, 2008 and Applicants residing in the 

state of Sikkim who in terms of a SEBI circular dated July 20, 

2006 may be exempt from specifying their PAN for transacting 

in the securities market. In accordance with Circular No. 

MRD/DOP/Cir-05/2007 dated April 27, 2007 issued 

by SEBI, the PAN would be the sole identification 

number for the participants transacting in the securities 

market, irrespective of the amount of transaction. Any 

Application Form, without the PAN is liable to be 


13


rejected, irrespective of the amount of transaction. 

It is to be specifically noted that the Applicants should 

not submit the GIR number instead of the PAN as the 

Application 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 by collecting 

sufficient documentary evidence in support of their claims. At 

the time of ascertaining the validity of these Applications, the 

Registrar to the Issue will check under the Depository records 

for the appropriate description under the PAN field i.e. either 

Sikkim category or exempt category. 

D. Joint Applications 

If the depository account is held in joint names, the Application 

Form should contain the name and PAN of the person whose 

name appears first in the depository account and signature of 

only this person would be required in the Application Form. 

This Applicant would be deemed to have signed on behalf of 

joint holders and would be required to give confirmation to this 

effect in the Application Form 

E. Additional/ Multiple Applications 

An Applicant is allowed to make one or more Applications 

for the NCDs for the same or other Series of NCDs, subject 

to a minimum application size of ` 10,000/- and in multiples 

of ` 1,000/- thereafter. Any Application for an amount 

below the aforesaid minimum application size will be 

deemed as an invalid application and shall be rejected. 

However, multiple Applications by the same individual 

Applicant aggregating to a value exceeding ` 5 lacs shall be 

deem such individual Applicant to be a HNI Applicant and all 

such Applications shall be grouped in the HNI Portion, for the 

purpose of determining the basis of allotment to such Applicant. 

However, any Application made by any person in his individual 

capacity and an Application made by such person in his capacity 

as a karta of a Hindu Undivided family and/or as Applicant 

(second or third Applicant), shall not be deemed to be a multiple 

Application. For the purposes of allotment of NCDs under the 

Issue, Applications shall be grouped based on the PAN, i.e. 

Applications under the same PAN shall be grouped together 

and treated as one Application. Two or more Applications 

will be deemed to be multiple Applications if the sole or first 

Applicant is one and the same. For the sake of clarity, two or 

more applications shall be deemed to be a multiple Application 

for the aforesaid purpose if the PAN number of the sole or the 

first Applicant is one and the same. 

24. Do’s and Don’ts: Applicants are advised to take note of 

the following while filling and submitting the Application Form: 

Do’s 

1. Check if you are eligible to apply as per the terms of the 

Prospectus and applicable law; 

2. Read all the instructions carefully and complete the 

Application Form in the prescribed form; 

3. Ensure that you have obtained all necessary approvals from 

the relevant statutory and/or regulatory authorities to apply 

for, subscribe to and/or seek Allotment of NCDs pursuant to 

the Issue. 

4. Ensure that the DP ID and Client ID are correct and beneficiary 

account is activated for Allotment of NCDs in dematerialized 

form. The requirement for providing Depository Participant 

details shall be mandatory for all Applicants. 

5. Ensure that the Application Forms are submitted at the 

collection centres provided in the Application Forms, bearing 

the stamp of a Lead Manager, the Co-Lead Managers, Lead 

Broker, sub-brokers or Trading Members of the Stock 

Exchange, as the case may be, for Applications other than 

ASBA Applications. 

6. Ensure that you have been given an acknowledgement as 

proof of having accepted the Application Form; 

7. In case of any revision of Application in connection with 

any of the fields which are not allowed to be modified on the 

electronic application platform of the Stock Exchanges as per the 

procedures and requirements prescribed by each relevant Stock 

Exchange, ensure that you have first withdrawn your original 

Application and submit a fresh Application. For instance, as per 

the notice No: 20120831-22 dated August 31, 2012 issued by 

the BSE, fields namely, quantity, series, application no., subcategory 

codes will not be allowed for modification during the 

Issue. In such a case the date of the fresh Application will be 

considered for date priority for allotment purposes. 

8. Ensure that signatures other than in the languages specified 

in the Eighth Schedule to the Constitution of India is attested 

by a Magistrate or a Notary Public or a Special Executive 

Magistrate under official seal. 

9. Ensure that the DP ID, the Client ID and the PAN mentioned 

in the Application Form, which shall be entered into the 

electronic system of the Stock Exchanges, match with the DP 

ID, Client ID and PAN available in the Depository database; 

10. In case of an HUF applying through its Karta, the Applicant 

is required to specify the name of an Applicant in the Application 

Form as ‘XYZ Hindu Undivided Family applying through 

PQR’, where PQR is the name of the Karta; 

11. Ensure that the Applications are submitted to the Lead 

Managers, the Co-Lead Managers, Lead Brokers, sub-brokers, 

Trading Members of the Stock Exchange or Designated 

Branches of the SCSBs, as the case may be, before the closure 

of application hours on the Issue Closing Date. For further 

information on the Issue programme, please refer to “General 

Information – Issue Programme” on page 52 of the Prospectus. 

12. Ensure that the Demographic Details including PAN are 

updated, true and correct in all respects; 

13. Ensure that you have obtained all necessary approvals 

from the relevant statutory and/or regulatory authorities to 

apply for, subscribe to and/or seek allotment of NCDs pursuant 

to the Issue; 

14. Permanent Account Number: Except for Application 

(i) on behalf of the Central or State Government and officials 

appointed by the courts, and (ii) (subject to SEBI circular 

dated April 3, 2008) from the residents of the state of Sikkim, 

each of the Applicants should provide their PAN. Application 

Forms in which the PAN is not provided will be rejected. The 

exemption for the Central or State Government and officials 

appointed by the courts and for investors residing in the State of 

Sikkim is subject to (a) the demographic details received from 

the respective depositories confirming the exemption granted to 

the beneficiary owner by a suitable description in the PAN field 

and the beneficiary account remaining in “active status”; and 

(b) in the case of residents of Sikkim, the address as per the 

demographic details evidencing the same; 

15. Ensure that if the depository account is held in joint 

names, the Application Form should contain the name and 

PAN of the person whose name appears first in the depository 



account and signature of only this person would be required 

in the Application Form. This Applicant would be deemed to 

have signed on behalf of joint holders and would be required 

to give confirmation to this effect in the Application Form; 

16. Applicants are requested to write their names and 

Application serial number on the reverse of the instruments by 

which the payments are made; 

17. All Applicants are requested to tick the relevant column 

“Category of Investor” in the Application Form; and 

18. Tick the Series of NCDs in the Application Form that you 

wish to apply for. 

Don’ts: 

1. Do not apply for lower than the minimum application size; 

2. Do not pay the Application Amount in cash, by money order 

or by postal order or by stockinvest; 

3. Do not send Application Forms by post; instead submit 

the same to the Lead Managers, the Co-Lead Managers, 

Lead Brokers, sub-brokers, Trading Members of the Stock 

Exchange or Designated Branches of the SCSBs, as the 

case may be; 

4. Do not fill up the Application Form such that the NCDs 

applied for exceeds the Issue size and/or investment limit 

or maximum number of NCDs that can be held under 

the applicable laws or regulations or maximum amount 

permissible under the applicable regulations; 

5. Do not submit the GIR number instead of the PAN as the 

Application is liable to be rejected on this ground; 

6. Do not submit incorrect details of the DP ID, Client ID 

and PAN or provide details for a beneficiary account which 

is suspended or for which details cannot be verified by the 

Registrar to the Issue; 

7. Do not submit the Application Forms without the full 

Application Amount; 

8. Do not submit Applications on plain paper or on incomplete 

or illegible Application Forms; 

9. Do not apply if you are not competent to contract under the 

Indian Contract Act, 1872; 

10. Do not submit an Application in case you are not eligible 

to acquire NCDs under applicable law or your relevant 

constitutional documents or otherwise; 

11. Do not submit an Application that does not comply with 

the securities law of your respective jurisdiction; 

12. Do not apply if you are a person ineligible to apply for 

NCDs under the Issue including Applications by Persons 

Resident Outside India, (inter-alia including NRIs who are (i) 

based in the USA, and/or, (ii) domiciled in the USA, and/or, 

(iii) residents/citizens of the USA, and/or, (iv) subject to any 

taxation laws of the USA); 

13. Applicants other than ASBA Applicants should not submit 

the Application Form directly to the Escrow Collection Banks/ 

Bankers to the Issue, and the same will be rejected in such 

cases; and 

14. Do not make an application of the NCD on multiple copies 

taken of a single form. 

25. Additional Instructions Specific to ASBA Applicants 

Do’s: 

1. Check if you are eligible to Apply under ASBA; 

2. Read all the instructions carefully and complete the 

Application Form; 

3. Ensure that you tick the ASBA option in the Application 

Form and give the correct details of your ASBA Account 

including bank account number/ bank name and branch; 

4. Ensure that your Application Form is submitted either 

at a Designated Branch of a SCSB where the ASBA 

Account is maintained or with the Lead Managers, the 

Co-Lead Managers, Lead Brokers, sub-brokers or Trading 

Members of the Stock Exchange at the Specified Cities, 

and not directly to the Escrow Collecting Banks (assuming 

that such bank is not a SCSB) or to our Company or the 

Registrar to the Issue; 

5. In case of ASBA Applications through Syndicate ASBA, 

before submitting the physical Application Form to the Lead 


or Trading Members of the Stock Exchange, ensure 

that the SCSB where the ASBA Account, as specified in the 

ASBA Form, is maintained has named at-least one branch 

in that Specified City for the Lead Managers, the Co-Lead 


of the Stock Exchange, as the case may be, to deposit ASBA 

Forms (A list of such branches is available at http://www.sebi. 

gov.in/sebiweb/home/list/5/33/0/0/Recognised-Intermediaries; 

6. In terms of the SEBI circular CIR/CFD/DIL/1/2013 

dated January 2, 2013, in case of an SCSB making an ASBA 

Application, such ASBA Application should be made through 

an ASBA Account utilised solely for the purpose of applying 

in public issues and maintained in the name of such SCSB 

Applicant with a different SCSB, wherein clear demarcated 

funds are available. 

7. Ensure that the Application Form is signed by the ASBA 

Account holder in case the ASBA Applicant is not the account 

holder; 

8. Ensure that you have funds equal to the Application Amount 

in the ASBA Account before submitting the Application Form 

and that your signature in the Application Form matches with 

your available bank records; 

9. Ensure that you have correctly ticked, provided or checked 

the authorisation box in the Application Form, or have 

otherwise provided an authorisation to the SCSB via the 

electronic mode, for blocking funds in the ASBA Account 

equivalent to the Application Amount mentioned in the 

Application Form; and 

10. Ensure that you receive an acknowledgement from the 

Designated Branch or the concerned Lead Manager, the 

Co-Lead Managers, Lead Broker, sub-broker or Trading 

Member of the Stock Exchange, as the case may be, for the 

submission of the Application Form. 

Don’ts: 

1. Payment of Application Amount in any mode other than 

through blocking of Application Amount in the ASBA 

Accounts shall not be accepted under the ASBA process; 

2. Do not submit the Application Form to the Lead Managers, 

the Co-Lead Managers, Lead Brokers, sub-brokers or Trading 

Members of the Stock Exchange, as the case may be, at a 

location other than the Specified Cities. 

3. Do not send your physical Application Form by post. 

Instead submit the same to a Designated Branch or the Lead 


or Trading Members of the Stock Exchange, as the 

case may be, at the Specified Cities; and 

4. Do not submit more than five Application Forms per ASBA 


15


Account. 

Kindly note that ASBA Applications submitted to the 

Lead Managers, the Co-Lead Managers, Lead Brokers, 

sub-brokers or Trading Members of the Stock Exchange 

at the Specified Cities will not be accepted if the SCSB 

where the ASBA Account, as specified in the Application 

Form, is maintained has not named at least one branch 

at that Specified City for the Lead Managers, the Co- 

Lead Managers, Lead Brokers, sub-brokers or Trading 

Members of the Stock Exchange, as the case may be, to 

deposit such Application Forms (A list of such branches 

is available at http://www.sebi.gov.in/sebiweb/home/ 

list/5/33/0/0/Recognised-Intermediaries). 

Please refer to “Rejection of Applications” on page 300 of 

the Prospectus for information on rejection of Applications. 

26. ADDITIONAL INSTRUCTIONS FOR APPLICANTS 

SEEKING ALLOTMENT OF NCDS IN PHYSICAL 

FORM: 

Any Applicant who subscribes to the NCDs in physical form 

shall undertake the following steps: 

• Complete the Application Form in all respects, by providing 

all the information including PAN and Demographic Details. 

However, do not provide DP details in the Application Form. 

The requirement for providing DP details shall be mandatory 

only for Applicants who wish to subscribe to the NCDs in 

dematerialised form. 

• Provide the following documents with the Application Form: 

(a) Self-attested copy of the PAN card 

(b) Proof of identification in case of Applications by or on behalf 

of the Central or State Government and the officials appointed 

by the courts and by Applicants residing in the State of Sikkim. 

Any one of the following documents shall be considered as a 

verifiable proof of identification: 

• valid passport issued by the GoI; or 

• voter’s identity card issued by the GoI; or 

• valid driving license issued by any transport authority of the 

Republic of India; or 

• Government ID card; or 

• Defence ID card; or 

• ration card issued by the GoI 

(c) Self-attested copy of proof of residence. Any one of the 

following documents shall be considered as a verifiable proof 

of residence: 

• ration card issued by the GoI; or 

• valid driving license issued by any transport authority of the 

Republic of India; or 

• electricity bill (not older than three months); or 

• landline telephone bill (not older than three months); or 

• valid passport issued by the GoI; or 

• voter’s identity card issued by the GoI; or 

• passbook or latest bank statement issued by a bank operating 

in India; or 

• registered leave and license agreement or agreement for sale or 

rent agreement or flat 

• maintenance bill. 

• AADHAAR letter, issued by Unique Identification Authority 

of India, GoI. 

(d) Self-attested copy of a cancelled cheque of the bank account 

to which the amounts pertaining to payment of refunds, interest 

and redemption, as applicable, should be credited. In the 

absence of such cancelled cheque, the Company reserves the 

right to reject the Application or to consider the bank details 

given on the Application Form at its sole discretion. In such case 

the Company, the Lead Managers, the Co-Lead Managers and 

the Registrar to the Issue shall not be liable for any delays/errors 

in payment of refund and/or interest. 

The Applicant shall be responsible for providing the above 

information accurately. Delays or failure in credit of the 

payments due to inaccurate details shall be at the sole risk of 

the Applicants and neither the Lead Managers, the Co-Lead 

Managers nor the Company shall have any responsibility and 

undertake any liability for the same. Applications for Allotment 

of the NCDs in physical form, which are not accompanied 

with the abovestated documents, may be rejected at the sole 

discretion of the Company. 

In relation to the issuance of the NCDs in physical form, note 

the following: 

1. An Applicant has the option to seek Allotment of NCDs in 

either dematerialised or physical mode. However, an Applicant 

can seek Allotment of NCDs in physical mode only if the 

Applicant does not have a beneficiary account. No partial 

Application for the NCDs shall be permitted; any such 

partial Application is liable to be rejected. 

2. Any Applicant who provides Depository Participant 

details in the Application Form shall be Allotted the NCDs 

in dematerialised form only, irrespective of whether such 

Applicant has provided the details required for Allotment in 

physical form. Such Applicant shall not be Allotted NCDs in 

physical form. 

3. In case of NCDs issued in physical form, the Company 

will issue one certificate to the holders of the NCDs for the 

aggregate amount of the NCDs for each of the Series of NCDs 

that are applied for (each such certificate, a “Consolidated NCD 

Certificate”). A successful Applicant can also request for the 

issue of NCD certificates in the denomination of 1 (one) 

NCD at any time post allotment of the NCDs. 

4. The Company shall dispatch the Consolidated NCD 

Certificate to the (Indian) address of the Applicant provided 

in the Application Form, within the time and in the manner 

stipulated under Section 113 of the Companies Act, 1956, read 

with the Company’s Articles of Association. 

All terms and conditions disclosed in relation to the NCDs held 

in physical form pursuant to rematerialisation shall be applicable 

mutatis mutandis to the NCDs issued in physical form. 

The Applicant shall be responsible for providing the above 

information and KYC documents accurately. Delay or failure 

in credit of payments or receipt of Allotment Advice or NCD 

certificates due to inaccurate or incomplete details shall be 

at the sole risk of the Applicants and the Lead Managers, 

the Co-Lead Managers, the Company and the Registrar 

to the Issue shall have no responsibility and undertake no 

liability in this relation. In case of Applications for Allotment 

of NCDs in physical form, which are not accompanied with 

the aforestated documents, Allotment of NCDs in physical 

form may be held in abeyance by the Registrar to the Issue, 

pending receipt of KYC documents. 



TERMS OF PAYMENT 

The entire issue price for the NCDs is payable on Application 

only. In case of Allotment of lesser number of NCDs than 

the number applied, our Company shall refund the excess 

amount paid on Application to the Applicant. 

27. Payment mechanism for ASBA Applicant: The ASBA 

Applicants shall specify the ASBA Account number in the 

Application Form. 

For ASBA Applications submitted to the Lead Managers, the 


Members of the Stock Exchange at the Specified Cities, the 

ASBA Application will be uploaded onto the electronic system 

of the Stock Exchange and deposited with the relevant branch 

of the SCSB at the Specified City named by such SCSB to 

accept such ASBA Applications from the Lead Managers, the 


Members of the Stock Exchange, as the case may be (A list 

of such branches is available at http://www.sebi.gov.in/sebiweb/ 

home/list/5/33/0/0/Recognised-Intermediaries). The relevant 

branch of the SCSB shall perform verification procedures and 

block an amount in the ASBA Account equal to the Application 

Amount specified in the ASBA Application. 

For ASBA Applications submitted directly to the SCSBs, the 

relevant SCSB shall block an amount in the ASBA Account 

equal to the Application Amount specified in the ASBA 

Application, before entering the ASBA Application into the 

electronic system of the Stock Exchanges. SCSBs may provide 

the electronic mode of application either through an internet 

enabled application and banking facility or such other secured, 

electronically enabled mechanism for application and blocking 

of funds in the ASBA Account. 

ASBA Applicants should ensure that they have funds equal 

to the Application Amount in the ASBA Account before 

submitting the ASBA Application to the Lead Managers, 

the Co-Lead Managers, Lead Brokers, sub-brokers or 

Trading Members of the Stock Exchange, as the case 

may be, at the Specified Cities or to the Designated 

Branches of the SCSBs. An ASBA Application where the 

corresponding ASBA Account does not have sufficient funds 

equal to the Application Amount at the time of blocking the 

ASBA Account is liable to be rejected. 

The Application Amount shall remain blocked in the ASBA 

Account until approval of the Basis of Allotment and consequent 

transfer of the amount against the Allotted NCDs to the Public 

Issue Account(s), or until withdrawal/ failure of the Issue or 

until withdrawal/ rejection of the Application Form, as the case 

may be. Once the Basis of Allotment is approved, the Registrar 

to the Issue shall send an appropriate request to the controlling 

branch of the SCSB for unblocking the relevant ASBA Accounts 

and for transferring the amount pertaining to NCDs allocable to 

the successful ASBA Applicants to the Public Issue Account(s). 

In case of withdrawal/ failure of the Issue, the blocked amount 

shall be unblocked on receipt of such information from the 

Registrar to the Issue. 

28. Escrow Mechanism for Applicants other than ASBA 

Applicants: Our Company shall open an Escrow Account with 

each of the Escrow Collection Bank(s) in whose favour the 

Applicants (other than ASBA Applicants) shall draw the cheque 

or demand draft in respect of his or her Application. Cheques or 

demand drafts received for the full Application Amount from 

Applicants would be deposited in the Escrow Account(s). All 

cheques/ bank drafts accompanying the Application should 

be crossed “A/c Payee only” for eligible Applicants must be 

made payable to “Escrow Account STFC NCD V Public Issue”. 

The Escrow Collection Bank(s) shall transfer the funds from 

the Escrow Account into the Public Issue Account(s), as per 

the terms of the Escrow Agreement, the Prospectus and the 

Prospectus. 

The Escrow Collection Banks will act in terms of the Prospectus 

and the Escrow Agreement. The Escrow Collection Banks, for 

and on behalf of the Applicants, shall maintain the monies in 

the Escrow Account until the Designated Date. The Escrow 

Collection Banks shall not exercise any lien whatsoever 

over the monies deposited therein and shall hold the monies 

therein in trust for the Applicants. On the Designated Date, the 

Escrow Collection Banks shall transfer the funds represented 

by Allotment of NCDs (other than in respect of Allotment to 

successful ASBA Applicants) from the Escrow Account, as 

per the terms of the Escrow Agreement, into the Public Issue 

Account(s). 

The balance amount after transfer to the Public Issue Account(s) 

shall be transferred to the Refund Account. Payments of refund 

to the relevant Applicants shall also be made from the Refund 

Account as per the terms of the Escrow Agreement and the 

Prospectus. 

The Applicants should note that the escrow mechanism is not 

prescribed by SEBI and has been established as an arrangement 

between our Company, the Lead Managers, the Co-Lead 

Managers, the Escrow Collection Banks and the Registrar to the 

Issue to facilitate collections from the Applicants. 

Each Applicant shall draw a cheque or demand draft mechanism 

for the entire Application Amount as per the following terms: 

1. All Applicants would be required to pay the full Application 

Amount at the time of the submission of the Application Form. 

2. The Applicants shall, with the submission of the Application 

Form, draw a payment instrument for the Application Amount 

in favour of the Escrow Accounts and submit the same along 

with their Application. If the payment is not made favouring 

the Escrow Accounts along with the Application Form, the 

Application is liable to be rejected by the Escrow Collection 

Banks. Application Forms accompanied by cash, stockinvest, 

money order or postal order will not be accepted. 

• The payment instruments for payment into the Escrow Account 

should be drawn in favour of “Escrow Account STFC NCD V 

Public Issue” 

3. The monies deposited in the Escrow Accounts will be held for 

the benefit of the Applicants (other than ASBA Applicants) till 

the Designated Date. 

4. On the Designated Date, the Escrow Collection Banks shall 

transfer the funds from the Escrow Accounts as per the terms of 

the Escrow Agreement into the Public Issue Account(s) with the 

Bankers to the Issue and the refund amount shall be transferred 

to the Refund Account. 

5. Payments should be made by cheque or demand draft drawn 

on any bank (including a co-operative bank), which is situated 

at, and is a member of or sub-member of the bankers’ clearing 

house located at the centre where the Application Form is 

submitted. Outstation cheques, post dated cheques and cheques/ 

bank drafts drawn on banks not participating in the clearing 

process will not be accepted and Applications accompanied 

by such cheques or bank drafts are liable to be rejected. Cash/ 

stockinvest/ money orders/ postal orders will not be accepted. 


17


Please note that cheques without the nine digit Magnetic Ink 

Character Recognition (“MICR”) code are liable to be rejected. 

6. Applicants are advised to provide the Application Form 

number on the reverse of the cheque or bank draft to avoid 

misuse of instruments submitted with the Application Form. 

29. Payment by cash/ stockinvest/ money order: Payment 

through cash/ stockinvest/ money order shall not be accepted 

in this Issue. 

30. Payment mechanism for Direct Online Applicants: Please 

note that clarifications and/or confirmations regarding the 

implementation of the requisite infrastructure and facilities 

in relation to direct online applications and online payment 

facility have been sought from the Stock Exchanges and 

the Stock Exchanges have confirmed that the necessary 

infrastructure and facilities for the same have not been 

implemented by both Stock Exchanges. Hence, the Direct 

Online Application facility will not be available for this Issue. 

SUBMISSION OF COMPLETED APPLICATION 

FORMS 

Mode of 

Submission of 

Application 

Forms 

ASBA 

Applications 

Non-ASBA 

Applications 

To whom the Application Form has 

to be submitted 

(i) If using physical Application Form, 

(a) to the Lead Managers, the Co- 

Lead Managers, Lead Brokers, subbrokers 

or Trading Members of the 

Stock Exchanges only at the Specified 

Cities (“Syndicate ASBA”), or (b) 

to the Designated Branches of the 

SCSBs where the ASBA Account is 

maintained; or 

(ii) If using electronic Application 

Form, to the SCSBs, electronically 

through internet banking facility, if 

available. 

The Lead Managers, the Co-Lead 

Managers, Lead Brokers, sub-brokers 

or Trading Members of the Stock 

Exchanges at the centres mentioned in 

the Application Form. 

Note: Applications for Allotment in 

physical form can be made only by 

using non-ASBA Applications and 

Applicants are not permitted to make 

Applications for Allotment in physical 

form using ASBA Applications and 

Direct Online Applications. 

Please note that clarifications and/or confirmations regarding 

the implementation of the requisite infrastructure and facilities 

in relation to direct online applications and online payment 

facility have been sought from the Stock Exchanges and the Stock 

Exchanges have confirmed that the necessary infrastructure and 

facilities for the same have not been implemented by both Stock 

Exchanges. Hence, the Direct Online Application facility will 

not be available for this Issue. 

No separate receipts will be issued for the Application 

Amount payable on submission of Application Form. 

However, the Lead Managers/Co-Lead Managers/ 

Lead Brokers/sub-brokers/Trading Members of Stock 

Exchanges will acknowledge the receipt of the Application 

Forms by stamping the date and returning to the Applicants 

an acknowledgement slip which will serve as a duplicate 

Application Form for the records of the Applicant. 

Syndicate ASBA Applicants must ensure that their ASBA 

Applications are submitted to the Lead Managers, the 


Members of the Stock Exchanges only at the Specified 

Cities (Mumbai, Chennai, Kolkata, Delhi, Ahmedabad, 

Rajkot, Jaipur, Bengaluru, Hyderabad, Pune, Vadodara and 

Surat). Kindly note that ASBA Applications submitted to 


sub-brokers or Trading Members of the Stock Exchanges 

at the Specified Cities will not be accepted if the SCSB 

where the ASBA Account, as specified in the ASBA 

Application, is maintained has not named at least one 

branch at that Specified City for the Lead Managers, the 


Members of the Stock Exchanges, as the case may be, to 

deposit ASBA Applications (A list of such branches is 

available at http://www.sebi.gov.in/sebiweb/home/list/5/33/0/0/ 

Recognised-Intermediaries). 

For information on the Issue programme and timings 

for submission of Application Forms, please refer to 

“General Information – Issue Programme” on page 52 of 


Applicants other than ASBA Applicants are advised not 

to submit the Application Form directly to the Escrow 

Collection Banks/ Bankers to the Issue, and the same 

will be rejected in such cases and the Applicants will 

not be entitled to any compensation whatsoever. 

31. Electronic Registration of Applications: 

(a) The Lead Managers, the Co-Lead Managers, Lead Brokers, 

sub-brokers, Trading Members of the Stock Exchange and 

Designated Branches of the SCSBs, as the case may be, 

will register the Applications using the on-line facilities of the 

Stock Exchange. Direct Online Applications will be registered 

by Applicants using the online platform offered by the Stock 

Exchanges. The Lead Managers, the Co-Lead Managers, 

the Lead Brokers, our Company and the Registrar to the 

Issue are not responsible for any acts, mistakes or errors or 

omission and commissions in relation to, (i) the Applications 

accepted by the SCSBs, (ii) the Applications uploaded by the 

SCSBs, (iii) the Applications accepted but not uploaded by 

the SCSBs, (iv) with respect to ASBA Applications accepted 

and uploaded by the SCSBs without blocking funds in the 

ASBA Accounts, or (v) any Applications accepted both 

uploaded and/or not uploaded by the Trading Members of 

the Stock Exchange. 

(b) In case of apparent data entry error by the Lead Managers, 

the Co-Lead Managers, Lead Brokers, sub-brokers, Trading 

Members of the Stock Exchange, Escrow Collection Banks 

or Designated Branches of the SCSBs, as the case may be, 

in entering the Application Form number in their respective 

schedules other things remaining unchanged, the Application 

Form may be considered as valid and such exceptions may be 

recorded in minutes of the meeting submitted to the Designated 

Stock Exchange. 

(c) The Stock Exchange will offer an electronic facility for 

registering Applications for the Issue. This facility will be 

available on the terminals of Lead Managers, the Co-Lead 

Managers, Lead Brokers, sub-brokers, Trading Members of the 



Stock Exchange and the SCSBs during the Issue Period. The 


and Trading Members of the Stock Exchange can also 

set up facilities for off-line electronic registration of Applications 

subject to the condition that they will subsequently upload the 

off-line data file into the on-line facilities for Applications on 

a regular basis, and before the expiry of the allocated time on 

the Issue Closing Date. On the Issue Closing Date, the Lead 

Managers, the Co-Lead Managers, Lead Brokers, sub-brokers, 

Trading Members of the Stock Exchange and the Designated 

Branches of the SCSBs shall upload the Applications till 

such time as may be permitted by the Stock Exchange. This 

information will be available with the Lead Managers, the Co- 

Lead Managers, Lead Brokers, sub-brokers, Trading Members 

of the Stock Exchange and the Designated Branches of the 

SCSBs on a regular basis. Applicants are cautioned that a high 

inflow of high volumes on the last day of the Issue Period may 

lead to some Applications received on the last day not being 

uploaded and such Applications will not be considered for 

allocation. For further information on the Issue programme, 

please refer to “General Information – Issue Programme” on 

page 52 of the Prospectus. 

(d) At the time of registering each Application, other than 

ASBA Applications and Direct Online Applications, the Lead 


or Trading Members of the Stock Exchange shall 

enter the requisite details of the Applicants in the on-line system 

including: 

• Application Form number 

• PAN (of the first Applicant, in case of more than one Applicant) 

• Investor category and sub-category 

• DP ID (not applicable to Applications for Allotment of NCDs 

in physical form) 

• Client ID (not applicable to Applications for Allotment of 

NCDs in physical form) 

• Series of NCDs applied for 

• Number of NCDs Applied for in each Series of NCD 

• Price per NCD 

• Application amount 

• Cheque number 

(e) With respect to ASBA Applications submitted directly 

to the SCSBs at the time of registering each Application, the 

Designated Branches shall enter the requisite details of the 

Applicants in the on-line system including: 




• DP ID 

• Client ID 




• Bank code for the SCSB where the ASBA Account is 

maintained 

• Bank account number 


(f) With respect to ASBA Applications submitted to the Lead 


or Trading Members of the Stock Exchange only at 

the Specified Cities, at the time of registering each Application, 

the requisite details of the Applicants shall be entered in the online 

system including: 




• DP ID 

• Client ID 




• Bank code for the SCSB where the ASBA Account is 

maintained 

• Location of Specified City 


(g) A system generated acknowledgement will be given to the 

Applicant as a proof of the registration of each Application. It is 

the Applicant‘s responsibility to obtain the acknowledgement 

from the Lead Managers, the Co-Lead Managers, Lead 

Brokers, sub-brokers, Trading Members of the Stock 

Exchange and the Designated Braches of the SCSBs, as 

the case may be. The registration of the Application by the 

Lead Managers, the Co-Lead Managers, Lead Brokers, subbrokers, 

Trading Members of the Stock Exchange and the 

Designated Braches of the SCSBs, as the case may be, does 

not guarantee that the NCDs shall be allocated/ Allotted by 

our Company. The acknowledgement will be non-negotiable 

and by itself will not create any obligation of any kind. 

(h) Applications can be rejected on the technical grounds listed 

on page 300 of the Prospectus or if all required information is not 

provided or the Application Form is incomplete in any respect. 

(i) The permission given by the Stock Exchange to use their 

network and software of the online system should not in any 

way be deemed or construed to mean that the compliance with 

various statutory and other requirements by our Company, the 

Lead Managers and/or the Co-Lead Managers are cleared or 

approved by the Stock Exchange; nor does it in any manner 

warrant, certify or endorse the correctness or completeness of 

any of the compliance with the statutory and other requirements 

nor does it take any responsibility for the financial or other 

soundness of our Company, the management or any scheme 

or project of our Company; 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 that the 

NCDs will be listed or will continue to be listed on the Stock 

Exchanges. 

(j) Only Applications that are uploaded on the online system 

of the Stock Exchange shall be considered for allocation/ 

Allotment. The Lead Managers, the Co-Lead Managers, Lead 

Brokers, sub-brokers, Trading Members of the Stock Exchange 

and the Designated Braches of the SCSBs shall capture all data 

relevant for the purposes of finalizing the Basis of Allotment 

while uploading Application data in the electronic systems 

of the Stock Exchange. In order that the data so captured is 

accurate the Lead Managers, the Co-Lead Managers, Lead 

Brokers, sub-brokers, Trading Members of the Stock Exchange 

and the Designated Braches of the SCSBs will be given up to 

one Working Day after the Issue Closing Date to modify/ verify 

certain selected fields uploaded in the online system during the 

Issue Period after which the data will be sent to the Registrar for 


19


reconciliation with the data available with the NSDL and CDSL. 

32. REJECTION OF APPLICATIONS: Applications would 

be liable to be rejected on the technical grounds listed on page 

300 of the Prospectus below or if all required information is not 

provided or the Application Form is incomplete in any respect. 

The Board of Directors and/or any committee of our Company 

reserves its full, unqualified and absolute right to accept or reject 

any Application in whole or in part and in either case without 

assigning any reason thereof. 

Application may be rejected on one or more technical grounds, 

including but not restricted to: 

• Applications submitted without payment of the entire 

Application Amount. However, our Company may allot NCDs 

up to the value of application monies paid, if such application 

monies exceed the minimum application size as prescribed 

hereunder; 

• In case of partnership firms, NCDs may be applied for in the 

names of the individual partner(s) and no firm as such shall 

be entitled to apply for in its own name. However a Limited 

Liability Partnership firm can apply in its own name; 

• Application by persons not competent to contract under the 

Indian Contract Act, 1872, as amended, except bids by Minors 

having valid demat account as per demographic details provided 

by the Depository Participants; 

• PAN not mentioned in the Application Form, except for 

Applications 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, provided such claims have been verified 

by the Depository Participants. In case of minor Applicants 

applying through guardian, when PAN of the Applicant is not 

mentioned; 

• DP ID and Client ID not mentioned in the Application Form 

(except in case Applicant has applied for Allotment of NCDs in 

the physical form); 

• GIR number furnished instead of PAN; 

• Applications by OCBs; 

• Applications for an amount below the minimum application 

size; 

• Submission of more than five ASBA Forms per ASBA Account; 

• Applications by persons who are not eligible to acquire NCDs 

of our Company in terms of applicable laws, rules, regulations, 

guidelines and approvals; 

• In case of Applications under power of attorney or by limited 

companies, corporate, trust etc., relevant documents are not 

submitted; 

• Applications accompanied by Stockinvest/ money order/ 

postal order/ cash; 

• Signature of Applicant missing; 

• ASBA Application Forms not being signed by the ASBA 

Account holder, if the account holder is different from the 

Applicant or the signature of the ASBA Account holder on the 

Application Form does not match with the signature available 

on the Applicant’s bank records; 

• Application Forms submitted to the Lead Managers, the 


Members of the Stock Exchange does not bear the stamp 

of the relevant Lead Manager, the Co-Lead Managers, Lead 

Broker, sub-broker or Trading Member of the Stock 

Exchange, as the case may be. ASBA Applications submitted 

directly to the Designated Branches of the SCSBs does not bear 

the stamp of the SCSB and/or the Designated Branch and/or the 


or Trading Members of the Stock Exchange, as the 

case may be; 

• ASBA Applications not having details of the ASBA Account 

to be blocked; 

• In case no corresponding record is available with the 

Depositories that matches three parameters namely, DP ID, 

Client ID and PAN or if PAN is not available in the Depository 

database; 

• With respect to ASBA Applications, inadequate funds in the 

ASBA Account to enable the SCSB to block the Application 

Amount specified in the ASBA Application Form at the time of 

blocking such Application Amount in the ASBA Account or no 

confirmation is received from the SCSB for blocking of funds; 

• SCSB making an ASBA application (a) through an ASBA 

account maintained with its own self or (b)through an ASBA 

Account maintained through a different SCSB not in its own 

name or (c) through an ASBA Account maintained through a 

different SCSB in its own name, where clear demarcated funds 

are not present or (d) through an ASBA Account maintained 

through a different SCSB in its own name which ASBA Account 

is not utilised solely for the purpose of applying in public issues; 

• Applications for amounts greater than the maximum permissible 

amounts prescribed by the regulations and applicable law; 

• Applications where clear funds are not available in Escrow 

Accounts as per final certificates from Escrow Collection Banks; 

• Authorization to the SCSB for blocking funds in the ASBA 

Account not provided; 

• Applications by persons prohibited from buying, selling or 

dealing in shares, directly or indirectly, by SEBI or any other 

regulatory authority; 

• Applications by any person outside India; 

• Applications by other persons who are not eligible to apply 

for NCDs under the Issue under applicable Indian or foreign 

statutory/regulatory requirements; 

• Applications not uploaded on the online platform of the Stock 

Exchanges; 

• Applications uploaded after the expiry of the allocated time on 

the Issue Closing Date, unless extended by the Stock Exchange, 

as applicable; 

• Application Forms not delivered by the Applicant within the 

time prescribed as per the Application Form and the Prospectus 

and as per the instructions in the Application Form and the 

Prospectus; 

• Applications by Applicants whose demat accounts have been 

‘suspended for credit’ pursuant to the circular issued by SEBI on 

July 29, 2010 bearing number CIR/MRD/DP/22/2010; 

• Where PAN details in the Application Form and as entered into 

the electronic system of the Stock Exchange, are not as per the 

records of the Depositories; 

• ASBA Applications submitted to the Lead Managers, the 


Members of the Stock Exchange at locations other than the 

Specified Cities or at a Designated Branch of a SCSB where 

the ASBA Account is not maintained, and ASBA Applications 

submitted directly to an Escrow Collecting Bank (assuming that 

such bank is not a SCSB), to our Company or the Registrar to 

the Issue; 

• Applications tendered to the Trading Members of the Stock 



Exchange at centers other than the centers mentioned in the 

Application Form; 

• Category not ticked; and/or 

• Application Form accompanied with more than one cheque. 

• In case of cancellation of one or more orders (series) within 

an Application, leading to total order quantity falling under the 

minimum quantity required for a single Application. 

• SCSBs investing in the Issue through its own ASBA account. 

Kindly note that ASBA Applications submitted to the Lead 


or Trading Members of the Stock Exchange at 

the Specified Cities will not be accepted if the SCSB where the 

ASBA Account, as specified in the ASBA Form, is maintained 

has not named at least one branch at that Specified City 

for the Lead Managers, the Co-Lead Managers, Lead 

Brokers, sub-brokers or Trading Members of the 

Stock Exchange, as the case may be, to deposit ASBA 

Applications (A list of such branches is available at http:// 

www.sebi.gov.in/sebiweb/home/list/5/33/0/0/Recognised- 

Intermediaries). 

For information on certain procedures to be carried out by the 

Registrar to the Offer for finalization of the basis of allotment, 

please refer to “Information for Applicants” on page 301 of the 

Prospectus. 

33. Information for Applicants: In case of ASBA Applications 

submitted to the SCSBs, in terms of the SEBI circular CIR/CFD/ 

DIL/3/2010 dated April 22, 2010, the Registrar to the Issue will 

reconcile the compiled data received from the Stock Exchange 

and all SCSBs, and match the same with the Depository 

database for correctness of DP ID, Client ID and PAN. The 

Registrar to the Issue will undertake technical rejections based 

on the electronic details and the Depository database. In case of 

any discrepancy between the electronic data and the Depository 

records, the Company, in consultation with the Designated Stock 

Exchange, the Lead Managers, the Co-Lead Managers and the 

Registrar to the Issue, reserves the right to proceed as per the 

Depository records for such ASBA Applications or treat such 

ASBA Applications as rejected. 

In case of ASBA Applicants submitted to the Lead Managers, 

the Co-Lead Managers, Lead Brokers, sub-brokers and 

Trading Members of the Stock Exchange at the Specified 

Cities, the basis of allotment will be based on the Registrar‘s 

validation of the electronic details with the Depository records, 

and the complete reconciliation of the final certificates received 

from the SCSBs with the electronic details in terms of the 

SEBI circular CIR/CFD/DIL/1/2011 dated April 29, 2011. The 

Registrar to the Issue will undertake technical rejections based 

on the electronic details and the Depository database. In case of 

any discrepancy between the electronic data and the Depository 

records, the Company, in consultation with the Designated Stock 

Exchange, the Lead Managers, the Co-Lead Managers and the 

Registrar to the Issue, reserves the right to proceed as per the 

Depository records or treat such ASBA Application as rejected. 

In case of non-ASBA Applications and Direct Online 

Applications, the basis of allotment will be based on the 

Registrar‘s validation of the electronic details with the 

Depository records, and the complete reconciliation of the 

final certificates received from the Escrow Collection Banks 

with the electronic details in terms of the SEBI circular CIR/ 

CFD/DIL/3/2010 dated April 22, 2010 and the SEBI circular 

CIR/CFD/DIL/1/2011 dated April 29, 2011. The Registrar will 

undertake technical rejections based on the electronic details and 

the Depository database. In case of any discrepancy between 

the electronic data and the Depository records, the Company, 

in consultation with the Designated Stock Exchange, the Lead 

Managers, the Co-Lead Managers, the Registrar to the Issue, 

reserves the right to proceed as per the Depository records or 

treat such Applications as rejected. 

Based on the information provided by the Depositories, the 

Company shall have the right to accept Applications belonging 

to an account for the benefit of a minor (under guardianship). 

In case of Applications for a higher number of NCDs than 

specified for that category of Applicant, only the maximum 

amount permissible for such category of Applicant will be 

considered for Allotment. 

34. BASIS OF ALLOTMENT: 

The Registrar will aggregate the Applications, based on the 

Applications received through an electronic book, from the 

Stock Exchanges and determine the valid Applications for the 

purpose of drawing the basis of allocation. 

Grouping of Applications and Allocation Ratio: For the 

purposes of the basis of allotment: 

(a) Applications received from Applicants who are Institutional 

Investors: Applications received from Institutional Investors, 

shall be grouped together, (“Institutional Portion”); 

(b) Applications received from Applicants who are Non 

Institutional Investors: Applications received from Non 

Institutional Investors, shall be grouped together, (“Non 

Institutional Portion”); 

(c) Applications received from HNI Investors: Applications 

received from HNI Investors, shall be grouped together, 

(“HNI Portion”); and 

(d) Applications received from Retail Individual Investors: 

Applications received from Retail Individual Investors, shall 

be grouped together, (“Retail Individual Portion”); 

For removal of doubt, “Institutional Portion”, Non- 

Institutional Portion” “HNI Portion” and “Retail Individual 

Portion” are individually referred to as “Portion” and 

collectively referred to as “Portions”. 

For the purposes of determining the number of NCDs 

available for allocation to each of the abovementioned 

Portions, our Company shall have the discretion of 

determining the number of NCDs to be allotted over and 

above the Base Issue Size, in case our Company opts to 

retain any oversubscription in the Issue upto ` 37,500 lacs. 

The aggregate value of NCDs decided to be allotted over 

and above the Base Issue Size, (in case our Company opts 

to retain any oversubscription in the Issue), and/or the 

aggregate value of NCDs upto the Base Issue Size shall be 

collectively termed as the “Overall Issue Size”. 

35. Allocation Ratio: 

Reservations shall be made for each of the Portions in the below 

mentioned format: 

Particulars 

Size in 

% 

Institutional 

Category 

10% of the 

Issue Size 

Non 

Institutional 

Category 

10% of the 

Issue Size 

HNI 

Category 

30% of the 

Issue Size 


Retail 

Individual 

Category 

50% of the 

Issue Size 

36. Basis of Allotment for NCDs: 

(a) Allotments in the first instance: 

(i) Applicants belonging to the Institutional Portion, in the 

first instance, will be allocated NCDs upto 10% of Issue Size 

21


on first come first serve basis (determined on the basis of the 

upload of each Application into the electronic book of the 

Stock Exchange); 

(ii) Applicants belonging to the Non Institutional Portion, in 

the first instance, will be allocated NCDs upto 10% of Issue 

Size on first come first serve basis (determined on the basis 

of the upload of each Application into the electronic book of 

the Stock Exchange); 

(iii) Applicants belonging to the HNI Portion, in the first 

instance, will be allocated NCDs upto 30% of Issue Size on 

first come first serve basis (determined on the basis of the 

upload of each Application into the electronic book of the 

Stock Exchange); 

(iv) Applicants belonging to the Retail Individual Portion, in 

the first instance, will be allocated NCDs upto 50% of Issue 

Size on first come first serve basis (determined on the basis 

of the upload of each Application into the electronic book of 

the Stock Exchange); 

Allotments, in consultation with the Designated Stock 

Exchange, shall be made on a first-come first-serve basis, based 

on the upload of each Application into the electronic book of the 

Stock Exchange, in each Portion subject to the Allocation Ratio. 

(b) Under Subscription: If there is any under subscription 

in any Portion, priority in allotments will be given in the 

following order (in decreasing order of priority): 

(i) Retail Individual Portion 

(ii) HNI Portion 

(iii) Non Institutional Portion 

(iv) Institutional Portion 

(c) For each Portion, all Applications uploaded into the 

electronic book of the Stock Exchange on the same day 

would be treated at par with each other. Allotment within a 

day would be on proportionate basis, where NCDs applied 

for exceeds NCDs to be allotted for each Portion respectively. 

(d) Minimum allotments of 1 NCD and in multiples of 1 NCD 

thereafter would be made in case of each valid Application. 

(e) Allotments in case of oversubscription: In case of an 

oversubscription, allotments to the maximum extent, as 

possible, will be made on a first-come first-serve basis and 

thereafter on proportionate basis in each Portion, i.e. full 

allotment of NCDs to the Applicants on a first come first 

basis up to the date falling 1 (one) day prior to the date of 

oversubscription and proportionate allotment of NCDs to 

the Applicants on the date of oversubscription (determined 

on the basis of the upload of each Application into the 

electronic book of the Stock Exchange, in each Portion). 

(f) Proportionate Allotments: For each Portion, on the date 

of oversubscription: 

i) Allotments to the Applicants shall be made in proportion 

to their respective application size, rounded off to the nearest 

integer. 

ii) If the process of rounding off to the nearest integer results 

in the actual allocation of NCDs being higher than the Issue 

size, not all Applicants will be allotted the number of NCDs 

arrived at after such rounding off. Rather, each Applicant 

whose allotment size, prior to rounding off, had the highest 

decimal point would be given preference. 

iii) In the event, there are more than one Applicant whose 

entitlement remain equal after the manner of distribution 

referred to above, our Company will ensure that the basis of 

allotment is finalised by draw of lots in a fair and equitable 

manner. 

(g) Applicant applying for more than one series of NCDs: 

If an Applicant has applied for more than one series of 

NCDs, (Series I, Series II, Series III, Series IV and/or 

Series V, individually referred to as “Series”), and in case 

such Applicant is entitled to allocation of only a part of the 

aggregate number of NCDs applied for, the Series-wise 

allocation of NCDs to such Applicants shall be in proportion 

to the number of NCDs with respect to each Series, applied 

for by such Applicant, subject to rounding off to the nearest 

integer, as appropriate in consultation with Lead Managers, 

the Co-Lead Managers and Designated Stock Exchange. 

All decisions pertaining to the basis of allotment of NCDs 

pursuant to the Issue shall be taken by our Company in 

consultation with the Lead Managers, the Co-Lead Managers 

and the Designated Stock Exchange and in compliance with 

the aforementioned provisions of the Prospectus. Any other 

queries/ issues in connection with the Applications will be 

appropriately dealt with and decided upon by the Company 

in consultation with the Lead Managers and the Co-Lead 

Managers. 

Our Company would allot Series V NCDs to all valid 

Applications, wherein the Applicants have not indicated their 

choice of the relevant Series of NCDs. 

Our Company has the discretion to close the Issue irrespective 

of whether any of the Portion(s) are fully subscribed or not. 

37. Retention of oversubscription: 

Our Company is making a public Issue of NCDs aggregating 

upto ` 37,500 lacs with an option to retain oversubscription 

of NCDs up to ` 37,500 lacs. 

PAYMENT OF REFUNDS 

38. Refunds for Applicants other than ASBA Applicants: Within 

12 Working Days of the Issue Closing Date, the Registrar to the 

Issue will dispatch refund orders/ give instructions for electronic 

refund, as applicable, of all amounts payable to unsuccessful 

Applicants (other than ASBA Applicants) and also any excess 

amount paid on Application, after adjusting for allocation/ 

Allotment of NCDs. 

The Registrar to the Issue will obtain from the Depositories the 

Applicant’s bank account details, including the MICR code, on 

the basis of the DP ID and Client ID provided by the Applicant 

in their Application Forms, for making refunds. 

For Applicants who receive refunds through ECS, direct 

credit, RTGS or NEFT, the refund instructions will be given 

to the clearing system within 12 Working Days from the Issue 

Closing Date. A suitable communication shall be dispatched to 

the Applicants receiving refunds through these modes, giving 

details of the bank where refunds shall be credited along with 

amount and expected date of electronic credit of refund. Such 

communication will be mailed to the addresses of Applicants, 

as per the Demographic Details received from the Depositories. 

The Demographic Details would be used for mailing of the 

physical refund orders, as applicable. 

39. Mode of making refunds for Applicants other than ASBA 

Applicants; 

The payment of refund, if any, for Applicants other than ASBA 

Applicants would be done through any of the following modes: 

1. Direct Credit – Applicants having bank accounts with the 



Refund Bank(s), as per Demographic Details received from the 

Depositories, shall be eligible to receive refunds through direct 

credit. Charges, if any, levied by the Refund Bank(s) for the 

same would be borne by the Company. 

2. NECS – Payment of refund would be done through NECS 

for Applicants having an account at any of the centres where 

such facility has been made available. This mode of payment 

of refunds would be subject to availability of complete bank 

account details including the MICR code from the Depositories. 

3. RTGS – Applicants having a bank account at any of the centres 

where such facility has been made available and whose refund 

amount exceeds ` 2 lacs, have the option to receive refund 

through RTGS provided the Demographic Details downloaded 

from the Depositories contain the nine digit MICR code of the 

Applicant’s bank which can be mapped with the RBI data to 

obtain the corresponding Indian Financial System Code (IFSC). 

Charges, if any, levied by the Applicant’s bank receiving the 

credit would be borne by the Applicant. 

4. NEFT – Payment of refund shall be undertaken through 

NEFT wherever the Applicant’s bank has been assigned the 

Indian Financial System Code (IFSC), which can be linked to a 

Magnetic Ink Character Recognition (MICR), if any, available 

to that particular bank branch. IFSC Code will be obtained 

from the website of RBI as on a date immediately prior to the 

date of payment of refund, duly mapped with MICR numbers. 

Wherever the Applicants have registered their nine digit MICR 

number and their bank account number while opening and 

operating the demat account, the same will be duly mapped with 

the IFSC Code of that particular bank branch and the payment 

of refund will be made to the Applicants through this method. 

The process flow in respect of refunds by way of NEFT is at 

an evolving stage, hence use of NEFT is subject to operational 

feasibility, cost and process efficiency. In the event that NEFT 

is not operationally feasible, the payment of refunds would be 

made through any one of the other modes as discussed in the 

sections. 

5. For all other Applicants, including those who have not 

updated their bank particulars with the MICR code, the refund 

orders will be dispatched through Speed Post or Registered Post. 

Such refunds will be made by cheques, pay orders or demand 

drafts drawn on the relevant Refund Bank and payable at par at 

places where Applications are received. Bank charges, if any, 

for cashing such cheques, pay orders or demand drafts at other 

centres will be payable by the Applicants. 

40. Mode of making refunds for ASBA Applicants: 

In case of ASBA Applicants, the Registrar shall instruct the 

relevant SCSB to unblock the funds in the relevant ASBA 

Account for withdrawn, rejected or unsuccessful or partially 

successful ASBA Applications within 12 Working Days of the 

Issue Closing Date. 

41. TRANSFER OF NCDs AND ISSUANCE OF ALLOTMENT 

ADVICE: 

With respect to Applicants other than ASBA Applicants, 

our Company shall (i) ensure dispatch of Allotment Advice/ 

intimation within 12 Working Days of the Issue Closing Date, 

and (ii) give instructions for credit of NCDs to the beneficiary 

account with Depository Participants, for successful Applicants 

who have been allotted NCDs in dematerialized form, within 

12 Working Days of the Issue Closing Date. The Allotment 

Advice for successful Applicants who have been allotted NCDs 

in dematerialized form will be mailed to their addresses as per 

the Demographic Details received from the Depositories. 

With respect to the ASBA Applicants, our Company shall 

ensure dispatch of Allotment Advice and/ or give instructions 

for credit of NCDs to the beneficiary account with Depository 

Participants within 12 Working Days of the Issue Closing Date. 

The Allotment Advice for successful ASBA Applicants will 

be mailed to their addresses as per the Demographic Details 

received from the Depositories. 

Our Company shall use best efforts to ensure that all steps for 

completion of the necessary formalities for commencement of 

trading at the Stock Exchange where the NCDs are proposed 

to be listed are taken within 12 Working Days from the Issue 

Closing Date. 

The Company will provide adequate funds required for dispatch 

of refund orders and Allotment Advice, as applicable, to the 

Registrar to the Issue. 

OTHER INFORMATION 

42. Withdrawal of Applications during the Issue Period: 

Withdrawal of ASBA Applications; ASBA Applicants can 

withdraw their ASBA Applications during the Issue Period by 

submitting a request for the same to Lead Manager, the Co- 

Lead Managers, Lead Broker, sub-broker, Trading Member 

of the Stock Exchange or the Designated Branch, as the 

case may be, through whom the ASBA Application had been 

placed. In case of ASBA Applications submitted to the Lead 


or Trading Members of the Stock Exchange at the 

Specified Cities, upon receipt of the request for withdrawal from 

the ASBA Applicant, the relevant Lead Manager, the Co-Lead 

Managers, Lead Broker, sub-broker or Trading Member 

of the Stock Exchange, as the case may be, shall do the 

requisite, including deletion of details of the withdrawn ASBA 

Application Form from the electronic system of the Stock 

Exchange. In case of ASBA Applications submitted directly to 

the Designated Branch of the SCSB, upon receipt of the request 

for withdraw from the ASBA Applicant, the relevant Designated 

Branch shall do the requisite, including deletion of details of 

the withdrawn ASBA Application Form from the electronic 

system of the Stock Exchanges and unblocking of the funds in 

the ASBA Account directly. 

43. Withdrawal of Non-ASBA Applications (other than 

Direct Online Applications): 

Non-ASBA Applicants can withdraw their Applications during 

the Issue Period by submitting a request for the same to Lead 

Manager, the Co-Lead Managers, Lead Broker, sub-broker 

or Trading Member of the Stock Exchange, as the case may 

be, through whom the Application had been placed. Upon 

receipt of the request for withdrawal from the Applicant, the 

relevant Lead Manager, the Co-Lead Managers, Lead Broker, 

sub-broker or Trading Member of the Stock Exchange, as 

the case may be, shall do the requisite, including deletion of 

details of the withdrawn Non-ASBA Application Form from the 

electronic system of the Stock Exchange. 

44. Withdrawal of Applications after the Issue Period: 

In case an Applicant wishes to withdraw the Application 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 the Basis of Allotment. 

45. Revision of Applications: 

As per the notice No: 20120831-22 dated August 31, 2012 


23


issued by the BSE, cancellation of one or more orders (series) 

within an Application is permitted during the Issue Period 

as long as the total order quantity does not fall under the 

minimum quantity required for a single Application. Please 

note that in case of cancellation of one or more orders (series) 

within an Application, leading to total order quantity falling 

under the minimum quantity required for a single Application 

will be liable for rejection by the Registrar. 

In case of any revision of Application in connection with 

any of the fields which are not allowed to be modified on the 

electronic application platform of the Stock Exchanges as per 

the procedures and requirements prescribed by each relevant 

Stock Exchange, ensure that you have first withdrawn your 

original Application and submit a fresh Application. For 

instance, as per the notice No: 20120831-22 dated August 

31, 2012 issued by the BSE, fields namely, quantity, series, 

application no., sub-category codes will not be allowed for 

modification during the Issue. In such a case the date of the 

fresh Application will be considered for date priority for 

allotment purposes. 

Revision of Applications is not permitted after the expiry of 

the time for acceptance of Application Forms on Issue Closing 

Date. However, in order that the data so captured is accurate, 


sub-brokers, Trading Members of the Stock Exchange and the 

Designated Branches of the SCSBs will be given up to one 

Working Day after the Issue Closing Date to modify/ verify 

certain selected fields uploaded in the online system during the 

Issue Period, after which the data will be sent to the Registrar 

for reconciliation with the data available with the NSDL and 

CDSL. 

46. Depository Arrangements: 

We have made depository arrangements with NSDL and 

CDSL for issue and holding of the NCDs in dematerialized 

form. Please note that Tripartite Agreements have been 

executed between our Company, the Registrar and both the 

depositories. 

As per the provisions of the Depositories Act, 1996, the 

NCDs issued by us can be held in a dematerialized form. In 

this context: 

i. Agreement dated April 30, 1999 between us, the Registrar 

to the Issue and NSDL, and dated March 29, 2000, between 

us, the Registrar to the Issue and CDSL, respectively for 

offering depository option to the investors. 

ii. An Applicant must have at least one beneficiary account 

with any of the Depository Participants (DPs) of NSDL or 

CDSL prior to making the Application. 

iii. The Applicant must necessarily provide the DP ID and 

Client ID details in the Application Form. 

iv. NCDs Allotted to an Applicant in the electronic form will 

be credited directly to the Applicant’s respective beneficiary 

account(s) with the DP. 

vi. Non-transferable Allotment Advice/ refund orders will 

be directly sent to the Applicant by the Registrar to this 

Issue. 

ix. It may be noted that NCDs in electronic form can be 

traded only on the Stock Exchange having electronic 

connectivity with NSDL or CDSL. The Stock Exchanges 

have connectivity with NSDL and CDSL. 

x. Interest or other benefits with respect to the NCDs 

held in dematerialized form would be paid to those NCD 

Holders whose names appear on the list of beneficial owners 

given by the Depositories to us as on Record Date. In case of 

those NCDs for which the beneficial owner is not identified 

by the Depository as on the Record Date/ book closure date, 

we would keep in abeyance the payment of interest or other 

benefits, till such time that the beneficial owner is identified 

by the Depository and conveyed to us, whereupon the 

interest or benefits will be paid to the beneficiaries, as 

identified, within a period of 30 days. 

xi. The trading of the NCDs on the floor of the Stock Exchanges 

shall be in dematerialized form only. 

Please also refer to “Instructions for filling up the Application 

Form - Applicant’s Beneficiary Account and Bank Account 

Details” on page 289 of the Prospectus. 

Please note that the NCDs shall cease to trade from the Record 

Date (for payment of the principal amount and the applicable 

premium for such NCDs) prior to redemption of the NCDs. 

PLEASE NOTE THAT TRADING OF NCDs ON THE 

FLOOR OF THE STOCK EXCHANGES SHALL BE IN 

DEMATERIALISED FORM ONLY IN MULTIPLE OF 

ONE NCD. 

Allottees will have the option to re-materialise the NCDs 

Allotted under the Issue as per the provisions of the Act and the 

Depositories Act. 

47. Communications: 

• All future communications in connection with Applications 

made in this Issue should be addressed to the Registrar to 

the Issue quoting the full name of the sole or first Applicant, 

Application Form number, Applicant’s DP ID and Client ID, 

Applicant’s PAN, number of NCDs applied for, date of the 

Application Form, name and address of the Lead Manager, 

the Co-Lead Managers, Lead Broker, sub-broker, Trading 

Member of the Stock Exchange or Designated Branch, 

as the case may be, where the Application was submitted, 

and cheque/ draft number and issuing bank thereof or with 

respect to ASBA Applications, ASBA Account number in 

which the amount equivalent to the Application Amount was 

blocked. All grievances relating to the ASBA process may 

be addressed to the Registrar to the Issue, with a copy to the 

relevant SCSB. 

• Applicants may contact our Compliance Officer (and 

Company Secretary) or the Registrar to the Issue in case of 

any pre-Issue or post-Issue related problems such as nonreceipt 

of Allotment Advice, refunds, interest on application 

money or credit of NCDs in the respective beneficiary 

accounts, as the case may be. 

• Grievances relating to the ASBA process may be addressed 

to the Registrar to the Issue, with a copy to the relevant 

SCSB. Grievances relating to Direct Online Applications 

may be addressed to the Registrar to the Issue, with a copy 

to the relevant Stock Exchange. 

48. Interest in case of Delay: Our Company undertakes to 

pay interest, in connection with any delay in allotment, demat 

credit and refunds, beyond the time limit as may be prescribed 

under applicable statutory and/or regulatory requirements, at 

such rates as stipulated under such applicable statutory and/or 

regulatory requirements. 

49. Undertaking by the Issuer: 

Statement by the Board: 

(a) All monies received pursuant to the Issue of NCDs to 

public shall be transferred to a separate bank account other 



than the bank account referred to in sub-section (3) of section 

73 of the Act. 

(b) Details of all monies utilised out of Issue referred to in 

sub-item (a) shall be disclosed under an appropriate separate 

head in our Balance Sheet indicating the purpose for which 

such monies had been utilised; and 

(c) Details of all unutilised monies out of issue of NCDs, if 

any, referred to in sub-item (a) shall be disclosed under an 

appropriate separate head in our Balance Sheet indicating the 

form in which such unutilised monies have been invested. 

(d) We shall utilize the Issue proceeds only upon execution 

of the documents for creation of security as stated in the 

Prospectus and the Prospectus and on receipt of the minimum 

subscription of 75% of the Base Issue. 

(e) The Issue proceeds shall not be utilized towards full or 

part consideration for the purchase or any other acquisition, 

inter alia by way of a lease, of any immovable property. 

50. Other Undertakings by the Company: 

The Company undertakes that: 

(a) Complaints received in respect of the Issue will be attended 

to by the Company expeditiously and satisfactorily; 

(b) Necessary cooperation to the relevant credit rating 

agency(ies) will be extended in providing true and adequate 

information until the obligations in respect of the NCDs are 

outstanding; 

(c) Our Company will take necessary steps for the purpose of 

getting the NCDs listed within the specified time, i.e., within 12 

Working Days of the Issue Closing Date; 

(d) Funds required for dispatch of refund orders/Allotment 

Advice/NCD Certificates will be made available by our 

Company to the Registrar to the Issue; 

(e) Our Company will forward details of utilisation of the 

proceeds of the Issue, duly certified by the Statutory Auditor, to 

the Debenture Trustee at the end of each half year; 

(f) Our Company will provide a compliance certificate to the 

Debenture Trustee on an annual basis in respect of compliance 

with the terms and conditions of the Issue as contained in the 

Prospectus. 

(g) Our Company will disclose the complete name and address 

of the Debenture Trustee in its annual report. 

C. TERMS OF THE ISSUE 

51. Authority for the Issue: 

This Issue has been authorized by the Board of Directors of our 

Company pursuant to a resolution passed at their meeting held 

on May 7, 2013. 

52. Principal Terms & Conditions of this Issue: 

The NCDs being offered as part of the Issue are subject 

to the provisions of the Debt Regulations, the Act, 

the Memorandum and Articles of Association of our 

Company, the terms of the Prospectus, the Prospectus, 

the Application Forms, the terms and conditions of 

the Debenture Trustee Agreement and the Debenture 

Trust Deed, other applicable statutory and/or regulatory 

requirements including those issued from time to time by 

SEBI/the Government of India/BSE/NSE, RBI, and/or 

other statutory/regulatory authorities relating to the offer, 

issue and listing of securities and any other documents that 

may be executed in connection with the NCDs. 

53. Ranking of NCDs 

The NCDs would constitute direct and secured obligations 

of ours and shall rank pari passu inter se, and subject to any 

obligations under applicable statutory and/or regulatory 

requirements, shall also, with regard to the amount 

invested, be secured by way of first and exclusive charge on 

the identified immovable property and the specified future 

loan receivables of our Company. The claims of the NCD 

Holders shall be superior to the claims of any unsecured 

creditors, subject to applicable statutory and/or regulatory 

requirements. 

54. Debenture Redemption Reserve; Regulation 16 of the 

Debt Regulations and Section 117C of the Act states that any 

company that intends to issue debentures must create a DRR 

to which adequate amounts shall be credited out of the profits 

of the company until the redemption of the debentures. The 

Ministry of Corporate Affairs has through its general circular 

dated February 11, 2013 (“Circular”) clarified that ‘the 

adequacy’ of DRR for NBFCs registered with the RBI under 

Section 45-lA of the RBI (Amendment) Act, 1997 shall be 25% 

of the value of debentures issued through a public issue as per 

the Debt Regulations. The Circular further mandates (a) every 

company to create/maintain the required DRR before the 30 th 

day of April of each year and (b) deposit or invest, as the case 

may be, a sum which shall not be less than 15% of the amount of 

its debentures maturing during the year ending on the following 

31 st day of March. The abovementioned amount deposited or 

invested, must not be utilized for any purpose other than for the 

repayment of debentures maturing during the year provided that 

the amount remaining deposited or invested must not at any time 

fall below 15% of the amount of debentures maturing during the 

period as mentioned above. 

55. Face Value: The face value of each NCD shall be 

` 1,000. 

56. Security: The principal amount of the NCDs to be issued 

in terms of the Prospectus together with all interest due on the 

NCDs, as well as all costs, charges, all fees, remuneration of 

Debenture Trustee and expenses payable in respect thereof shall 

be secured by way of first and exclusive charge in favour of 

the Debenture Trustee on an identified immovable property 

and specified future receivables of our Company as may be 

decided mutually by our Company and the Debenture Trustee. 

Our Company will create appropriate security in favour of the 

Debenture Trustee for the NCD Holders on the assets adequate 

to ensure 100% asset cover for the NCDs, which shall be free 

from any encumbrances. 

Our Company intends to enter into an indenture/deed 

with the Debenture Trustee, (‘Debenture Trust Deed’), 

the terms of which will govern the appointment of the 

Debenture Trustee. Our Company proposes to complete 

the execution of the Debenture Trust Deed during the 

subscription period after the minimum subscription for 

the Issue has been achieved and utilize the funds after the 

stipulated security has been created. 

Under the terms of the Debenture Trust Deed, our Company 

will covenant with the Debenture Trustee that it will pay 

the NCD Holders the principal amount on the NCDs on 

the relevant redemption date and also that it will pay the 

interest due on NCDs on the rate specified in the Prospectus 

and in the Debenture Trust Deed. The Debenture Trust Deed 

will also provide that our Company may withdraw any portion 


25


of the security and replace with another asset of the same or a 

higher value. 

57. Trustees for the NCD Holders: We have appointed 

IDBI Trusteeship Services Limited to act as the Debenture 

Trustee for the NCD Holders. We and the Debenture Trustee 

will execute a Debenture Trust Deed, inter alia, specifying the 

powers, authorities and obligations of the Debenture Trustee 

and us. The NCD Holder(s) shall, without further act or deed, 

be deemed to have irrevocably given their consent to the 

Debenture Trustee or any of its agents or authorized officials 

to do all such acts, deeds, matters and things in respect of 

or relating to the NCDs as the Debenture Trustee may in its 

absolute discretion deem necessary or require to be done in 

the interest of the NCD Holder(s). Any payment made by us 

to the Debenture Trustee on behalf of the NCD Holder(s) 

shall discharge us pro tanto to the NCD Holder(s). 

The Debenture Trustee will protect the interest of the NCD 

Holders in the event of default by us in regard to timely 

payment of interest and repayment of principal and they 

will take necessary action at our cost. 

58. Events of Default: Subject to the terms of the Debenture 

Trust Deed, the Debenture Trustee at its discretion may, or 

if so requested in writing by the holders of at least threefourths 

of the outstanding amount of the NCDs or with 

the sanction of a special resolution, passed at a meeting 

of the NCD Holders, (subject to being indemnified and/ 

or secured by the NCD Holders to its satisfaction), give 

notice to our Company specifying that the NCDs and/or 

any particular Series of NCDs, in whole but not in part are 

and have become due and repayable on such date as may be 

specified in such notice inter alia if any of the events listed 

below occurs. The description below is indicative and a 

complete list of events of default and its consequences will 

be specified in the Debenture Trust Deed: 

(i) Default is committed in payment of the principal 

amount of the NCDs on the due date(s); and 

(ii) Default is committed in payment of any interest on the 

NCDs on the due date(s). 

59. NCD Holder not a Shareholder: 

The NCD Holders will not be entitled to any of the rights 

and privileges available to the equity and/or preference 

shareholders of our Company, except to the extent of the 

right to receive the annual reports of our Company and such 

other rights as may be prescribed under the Companies Act, 

1956 and the Debt Listing Agreement. 

60. Rights of NCD Holders: Some of the significant rights 

available to the NCD Holders are as follows: 

1. The NCDs shall not, except as provided in the Act, 

our Memorandum and Articles of Association and/or the 

Debenture Trust Deed, confer upon the holders thereof 

any rights or privileges available to our Company’s 

members/shareholders including, without limitation, the 

right to attend and/or vote at any general meeting of our 

Company’s members/shareholders. However, if any 

resolution affecting the rights attached to the NCDs 

is to be placed before the members/shareholders of our 

Company, the said resolution will first be placed before the 

concerned registered NCD Holders for their consideration. In 

terms of Section 219(2) of the Act, holders of NCDs shall be 

entitled to a copy of the balance sheet and copy of trust deed 

on a specific request made to our Company. 

26 Shriram Transport Finance Company Limited 

2. Subject to applicable statutory/regulatory requirements and 

terms of the Debenture Trust Deed, including requirements of 

the RBI, the rights, privileges and conditions attached to the 

NCDs may be varied, modified and/or abrogated with the 

consent in writing of the holders of at least three-fourths of 

the outstanding amount of the NCDs or with the sanction 

of a special resolution passed at a meeting of the concerned 

NCD Holders, provided that nothing in such consent or 

resolution shall be operative against us, where such consent 

or resolution modifies or varies the terms and conditions 

governing the NCDs, if the same are not acceptable to us. 

3. Subject to applicable statutory/regulatory requirements and 

terms of the Debenture Trust Deed, the registered NCD Holder 

or in case of joint-holders, the one whose name stands first 

in the register of debenture holders shall be entitled to vote 

in respect of such NCDs, either in person or by proxy, at 

any meeting of the concerned NCD Holders and every such 

holder shall be entitled to one vote on a show of hands and on 

a poll, his/her voting rights on every resolution placed before 

such meeting of the NCD Holders shall be in proportion to the 

outstanding nominal value of NCDs held by him/her. 

4. The NCDs are subject to the provisions of the Debt 

Regulations, the Act, the Memorandum and Articles of 

Association of our Company, the terms of the Prospectus, the 

Application Forms, the terms and conditions of the Debenture 

Trust Deed, requirements of the RBI, other applicable statutory 

and/or regulatory requirements relating to the issue and listing, 

of securities and any other documents that may be executed in 

connection with the NCDs. 

5. A register of NCD Holders (“Register of Debenture 

Holders”) will be maintained in accordance with Section 

152 of the Act and all interest and principal sums becoming 

due and payable in respect of the NCDs will be paid to the 

registered holder thereof for the time being or in the case 

of joint-holders, to the person whose name stands first in 

the Register of NCD Holders as on the record date. Further 

as the NCDs issued are also being issued in Demat form, 

the Depositories shall also maintain the updated register of 

holders of the NCDs in Demat Form. In terms of Section 

152A of the Companies Act, the register of beneficial 

owners maintained by a Depository for any NCD in 

dematerialized form under Section 11 of the Depositories 

Act shall be deemed to be a Register of Debenture holders 

for this purpose. 

6. Subject to compliance with RBI requirements, NCDs 

can be rolled over only with the consent of the holders of 

at least 75% of the outstanding amount of the NCDs after 

providing at least 21 days prior notice for such roll over and 

in accordance with the Debt Regulations. Our Company shall 

redeem the debt securities of all the debt securities holders, 

who have not given their positive consent to the roll-over. 

The aforementioned rights of the NCD Holders are merely 

indicative. The final rights of the NCD Holders will be as per 

the terms of the Prospectus and the Debenture Trust Deed 

to be executed between our Company and the Debenture 

Trustee. 

61. Nomination facility to NCD Holder: In accordance with 

Section 109A of the Act, the sole NCD Holder, or first NCD 

Holder , along with other joint NCD Holders’ (being individual(s)), 

may nominate any one person (being an Individual) who, in 

the event of death of Applicant the NCDs Allotted, if any, will 

vest. A person, being a nominee, becoming entitled to the


NCD by reason of the death of the NCD Holder(s), shall be 

entitled to the same rights to which he would be entitled if 

he were the registered holder of the NCD, subject to other 

terms and conditions as detailed in the Prospectus. Where 

the nominee is a minor, the NCD Holder(s) may make a 

nomination to appoint, in the prescribed manner, any person 

to become entitled to the NCD(s), in the event of his death, 

during the minority. A nomination shall stand rescinded 

upon sale of a NCD by the person nominating. A buyer 

will be entitled to make a fresh nomination in the manner 

prescribed. When the NCD is held by two or more persons, 

the nominee shall become entitled to receive the amount only 

on the demise of all the holders. Fresh nominations can be 

made only in the prescribed form available on request at our 

Registered/ Corporate Office or at such other addresses as 

may be notified by us. 

NCD Holder(s) are advised to provide the specimen 

signature of the nominee to us to expedite the transmission 

of the NCD(s) to the nominee in the event of demise of 

the NCD Holder(s). The signature can be provided in the 

Application Form or subsequently at the time of making 

fresh nominations. This facility of providing the specimen 

signature of the nominee is purely optional. 

In accordance with Section 109B of the Act, any person 

who becomes a nominee by virtue of the provisions of 

Section 109A of the Act, shall upon the production of such 

evidence as may be required by our Board, elect either: 

(a) to register himself or herself as the holder of the NCDs; or 

(b) to make such transfer of the NCDs, as the deceased holder 

could have made. 

Further, our Board may at any time give notice requiring any 

nominee to choose either to be registered himself or herself or to 

transfer the NCDs, and if the notice is not complied with, within 

a period of 90 days, our Board may thereafter withhold payment 

of all interests or other monies payable in respect of the NCDs, 

until the requirements of the notice have been complied with. 

For all NCDs held in the dematerialized form, nominations 

registered with the respective Depository Participant of the 

Applicant would prevail. If the investors require changing 

their nomination, they are requested to inform their respective 

Depository Participant in connection with NCDs held in the 

dematerialized form. 

Applicants (other than Applicants for Series III NCDs) who 

have opted for allotment of NCDs in the physical form and/ 

or persons holding NCDs in the physical form should provide 

required details in connection with their nominee to our 

Company. 

For all NCDs held in the dematerialized form, nominations 

registered with the respective Depository Participant of the 

Applicant would prevail. If the investors require changing 

their nomination, they are requested to inform their respective 

Depository Participant in connection with NCDs held in the 

dematerialized form and inform our Company in connection 

with NCDs held in the physical form. 

62. Jurisdiction: Exclusive jurisdiction for the purpose of the 

Issue is with the competent courts of jurisdiction in Mumbai, 

India. 

63. Application in the Issue: Applicants (other than for Series 

III NCDs) shall have the option to apply for all other Series 

NCDs in the physical form or in the dematerialized form 

through a valid Application Form filled in by the Applicant 

along with attachment, as applicable. Applicants can only 

apply for Series III NCDs in the dematerialized form through 

a valid Application Form filled in by the Applicant along with 

attachment, as applicable. 

In terms of Regulation 4(2)(d) of the Debt Regulations, 

our Company will make public issue of the NCDs in the 

dematerialised form. However, in terms of Section 8 (1) of the 

Depositories Act, our Company, at the request of the Investors 

who wish to hold the NCDs in physical form will fulfil such 

request. However, trading in NCDs shall be compulsorily in 

dematerialized form. 

64. Form and Denomination: In case of NCDs held in physical 

form, a single certificate will be issued to the NCD Holder 

for the aggregate amount (“Consolidated Certificate”) for 

each type of NCDs. A successful Applicant can also request 

for the issue of NCD certificates in the denomination of 1 

(one) NCD at any time post allotment of the NCDs (“Market 

Lot”). 

It is however distinctly to be understood that the Series 

III NCDs pursuant to this Issue shall be issued only in 

dematerialized form to all categories of investors. 

In respect of Consolidated Certificates, we will, only 

upon receipt of a request from the NCD Holder, split such 

Consolidated Certificates into smaller denominations 

subject to the minimum of Market Lot. No fees would be 

charged for splitting of NCD certificates in Market Lots, 

but stamp duty payable, if any, would be borne by the NCD 

Holder. The request for splitting should be accompanied by 

the original NCD certificate which would then be treated 

as cancelled by us. 

65. Transfer/Transmission of NCD(s): 

The NCDs shall be transferred or transmitted freely in 

accordance with the applicable provisions of the Act. The 

provisions relating to transfer and transmission and other 

related matters in respect of our shares contained in the 

Articles and the Act shall apply, mutatis mutandis (to the 

extent applicable to debentures) to the NCD(s) as well. 

In respect of the NCDs held in physical form, a suitable 

instrument of transfer as may be prescribed by the Issuer 

may be used for the same. The NCDs held in dematerialized 

form shall be transferred subject to and in accordance with 

the rules/procedures as prescribed by NSDL/CDSL and 

the relevant DPs of the transfer or transferee and any other 

applicable laws and rules notified in respect thereof. The 

transferee(s) should ensure that the transfer formalities are 

completed prior to the Record Date. In the absence of the 

same, interest will be paid/redemption will be made to the 

person, whose name appears in the register of debenture 

holders maintained by the Depositories. In such cases, 

claims, if any, by the transferees would need to be settled 

with the transferor(s) and not with the Issuer or Registrar. 

Please see “Issue Structure –Interest/Premium” on page 265 of 

the Prospectus for the implications on the interest applicable 

to NCDs held by Individual Investors on the Record Date 

and NCDs held by Non Individual Investors on the Record 

Date. 

For NCDs held in electronic form: The normal procedure 

followed for transfer of securities held in dematerialized 

form shall be followed for transfer of the NCDs held in 

electronic form. The seller should give delivery instructions 

containing details of the buyer’s DP account to his depository 


27


participant. 

In case the transferee does not have a DP account, the 

seller can re-materialise the NCDs and thereby convert his 

dematerialized holding into physical holding. Thereafter the 

NCDs can be transferred in the manner as stated above. 

In case the buyer of the NCDs in physical form wants to 

hold the NCDs in dematerialized form, he can choose to 

dematerialize the securities through his DP. 

66. Title: 

In case of: 

(i) the NCDs held in the dematerialized form, the person for 

the time being appearing in the register of beneficial owners 

maintained by the Depository; and 

(ii) the NCD held in physical form, the person for the time being 

appearing in the Register of NCD Holders as NCD Holder, shall 

be treated for all purposes by our Company, the Debenture 

Trustee, the Depositories and all other persons dealing with 

such person as the holder thereof and its absolute owner for 

all purposes whether or not it is overdue and regardless of any 

notice of ownership, trust or any interest in it or any writing 

on, theft or loss of the Consolidated NCD Certificate issued in 

respect of the NCDs and no person will be liable for so treating 

the NCD Holder. 

No transfer of title of a NCD will be valid unless and until 

entered on the Register of NCD Holders or the register of 

beneficial owners maintained by the Depository prior to the 

Record Date. In the absence of transfer being registered, interest 

and/or Maturity Amount, as the case may be, will be paid to 

the person, whose name appears first in the Register of NCD 

Holders maintained by the Depositories and/or our Company 

and/or the Registrar, as the case may be. In such cases, claims, 

if any, by the purchasers of the NCDs will need to be settled 

with the seller of the NCDs and not with our Company or the 

Registrar. The provisions relating to transfer and transmission 

and other related matters in respect of our Company’s shares 

contained in the Articles of Association of our Company and 

the Companies Act shall apply, mutatis mutandis (to the extent 

applicable) to the NCD (s) as well. 

67. Succession: Where NCDs are held in joint names and one 

of the joint holders dies, the survivor(s) will be recognized as 

the NCD Holder(s). It will be sufficient for our Company to 

delete the name of the deceased NCD Holder after obtaining 

satisfactory evidence of his death. Provided, a third person may 

call on our Company to register his name as successor of the 

deceased NCD Holder after obtaining evidence such as probate 

of a will for the purpose of proving his title to the debentures. In 

the event of demise of the sole or first holder of the Debentures, 

will recognise the executors or administrator of the deceased 

NCD Holders, or the holder of the succession certificate or other 

legal representative as having title to the Debentures only if such 

executor or administrator obtains and produces probate or letter 

of administration or is the holder of the succession certificate 

or other legal representation, as the case may be, from an 

appropriate court in India. The directors of the Company in their 

absolute discretion may, in any case, dispense with production 

of probate or letter of administration or succession certificate or 

other legal representation. 

Where a non-resident Indian becomes entitled to the NCDs by 

way of succession, the following steps have to be complied with: 

(a) Documentary evidence to be submitted to the Legacy Cell of 

the RBI to the effect that the NCDs were acquired by the nonresident 

Indian as part of the legacy left by the deceased NCD 

Holder. 

(b) Proof that the non-resident Indian is an Indian national or is 

of Indian origin. 

Such holding by a non-resident Indian will be on a nonrepatriation 

basis. 

68. Joint-holders: Where two or more persons are holders 

of any NCD(s), they shall be deemed to hold the same as 

joint holders with benefits of survivorship subject to other 

provisions contained in the Articles. 

69. Procedure for Rematerialisation of NCDs: NCD Holders 

who wish to hold the NCDs in physical form may do so by 

submitting a request to their DP at any time after Allotment in 

accordance with the applicable procedure stipulated by the DP, in 

accordance with the Depositories Act and/or rules as notified by 

the Depositories from time to time. Holders of Series III NCDs 

who propose to rematerialize their Series III NCDs, would 

have to mandatorily submit details of their bank mandate 

along with a copy of any document evidencing that the bank 

account is in the name of the holder of such Series III NCDs 

and their Permanent Account Number to the Company and 

the DP. No proposal for rematerialization of Series III NCDs 

would be considered if the aforementioned documents and 

details are not submitted along with the request for such 

rematerialization. 

70. Restriction on transfer of NCDs: There are no restrictions 

on transfers and transmission of NCDs and on their consolidation/ 

splitting except as may be required under applicable statutory 

and/or regulatory requirements including any requirements 

of the RBI and/or as provided in our Articles of Association. 

Please refer to the section titled “Summary of the Key Provisions 

of the Articles of Association” beginning on page 362 of the 

Prospectus. 

71. Period of Subscription: 

ISSUE PROGRAMME 

ISSUE OPENS ON July 16, 2013 

ISSUE CLOSES ON July 29, 2013 

Applications Forms for the Issue will be accepted only between 

10.00 a.m. and 5.00 p.m. (Indian Standard Time) or such 

extended time as may be permitted by the Stock Exchanges, 

during the Issue Period as mentioned above on all days between 

Monday and Friday (both inclusive barring public holiday), 

(i) by the Lead Managers, Co-Lead Managers, Lead Brokers, 

sub-brokers or the Trading Members of the Stock Exchange, 

as the case maybe, at the centers mentioned in Application 

Form through the non-ASBA mode or, (ii) in case of ASBA 

Applications, (a) directly by the Designated Branches of the 

SCSBs or (b) by the centers of the Lead Managers, Co-Lead 

Managers, Lead Brokers, sub-brokers or the Trading Members 

of the Stock Exchange, as the case maybe, only at the Selected 

Cities. On the Issue Closing Date Application Forms will 

be accepted only between 10.00 a.m. and 3.00 p.m. (Indian 

Standard Time) and uploaded until 5.00 p.m. or such extended 

time as may be permitted by the Stock Exchanges. 

Due to limitation of time available for uploading the Applications 

on the Issue Closing Date, Applicants are advised to submit 

their Application Forms one day prior to the Issue Closing Date 

and, no later than 3.00 p.m (Indian Standard Time) on the Issue 



Closing Date. Applicants are cautioned that in the event a large number of Applications are received on the Issue Closing Date, 

there may be some Applications which are not uploaded due to lack of sufficient time to upload. Such Applications that cannot be 

uploaded will not be considered for allocation under the Issue. Application Forms will only be accepted on Working Days during the 

Issue Period. Neither our Company, nor the Lead Managers, Co-Lead Managers, Lead Brokers, sub-brokers or Trading Members 

of the Stock Exchanges are liable for any failure in uploading the Applications due to failure in any software/ hardware systems or 

otherwise. Please note that the Basis of Allotment under the Issue will be on a date priority basis. 

The Issue may close on such earlier date or extended date as may be decided at the discretion of the duly authorised committee of 

Directors of our Company subject to necessary approvals. For further information on the Issue programme, please refer to “General 

Information – Issue Programme” page 52 of the Prospectus. In the event of such early closure or extension of the Issue, our 

Company shall ensure that notice of the same is provided to the prospective investors, on or before such early date of closure or the 

initial Closing Date, as the case may be, through advertisement/s in a leading national daily newspaper. 

72. Interest/Premium: 

1. Applicable Interest/Premium: 

(a) For Series I NCDs: Interest would be paid annually at the following rates of interest in connection with the relevant 

categories of NCD Holders as on the Record Date, on the amount outstanding from time to time, commencing from the 

Deemed Date of Allotment:: 

Category of NCD Holder as on 

the Record Date 

Rate of Interest/Coupon (% 

per annum) – (A) 

Additional Incentive 

on any Record Date (% 

per annum) – (B) 

Aggregate of Coupon 

and Additional 

Incentive 


per annum) =(A)+(B) 

NCD Holder who is an Individual 9.65% 1.25% 10.90% 

NCD Holder who is a Non 

9.65% Nil 9.65% 

Individual* 

* NCD Holders who are Non Individuals SHALL NOT be eligible for the additional incentive of 1.25% per annum for Series I 

NCDs held on any Record Date 

(b) For Series II NCDs: Interest would be paid annually at the following rates of interest in connection with the relevant 


Deemed Date of Allotment: 

Category of NCD Holder as on 


Rate of Interest/Coupon (% 


Additional Incentive 


per annum) – (B) 

Aggregate of Coupon 

and Additional 

Incentive 





9.80% Nil 9.80% 

Individual* 

* NCD Holders who are Non Individuals SHALL NOT be eligible for the additional incentive of 1.35% per annum for Series II 

NCDs held on any Record Date. 

(c) For Series III NCDs: Interest would be paid monthly at the following rates of interest in connection with the relevant 


Deemed Date of Allotment: 

Category of NCD Holder as on Rate of Interest/Coupon (% Additional Incentive Aggregate of Coupon 



on any Record Date (% and Additional Incentive 

per annum) – (B) on any Record Date (% 




9.40% Nil 9.40% 

Individual* 

* NCD Holders who are Non Individuals SHALL NOT be eligible for the additional incentive of 1.23% per annum for Series III 

NCDs held on any Record Date. 

(d) For Series IV NCDs: Series IV NCDs shall be redeemed at the end of thirty six months from the Deemed Date of Allotment 

at the following amounts based on the relevant categories of NCD Holders as on the Record Date for redemption of the Series 

IV NCDs: 


29


Category of NCD Holder as 

on the Record Date 

NCD Holder who is an 

Individual 


Individual 

Face Value (` per NCD) Premium Amount (` per Aggregate Amount 

– (A) 

NCD) – (B) 

Payable at the Time 

of Redemption (` per 

NCD) =(A)+(B)* 

1,000 364.33 1,364.33 

1,000 318.67 1,318.67 


(e) For Series V NCDs: In case of Series V NCDs, 50% of the Face Value of the NCDs shall be redeemable at a premium of ` 

263.37 per Series V NCD held by an Individual and at a premium of ` 226.93 per Series V NCD held by a Non Individual at 

the end of forty eight months from the Deemed Date of Allotment and the remaining 50% of the Face Value of the NCDs shall 

be redeemable at a premium of ` 348.48 per Series V NCD held by an Individual and at a premium of ` 298.17 per Series 

V NCD held by a Non Individual at the end of sixty months from the Deemed Date of Allotment, as better detailed below: 

Category of NCD Holder as on the 

Record Date 

Face 

Value (` 

per NCD) 

– (A) 

Premium Amount 

for 50% of the 

NCDs to be 

redeemed at the 

end of 48 months (` 

per NCD) – (B) 

Aggregate 

Amount 

Payable at 

the at the end 

of 48 months 

(` per NCD) 

=(A/2) +(B) 

Premium 

Amount for 

remaining 

50% of the 

NCDs to be 

redeemed at 

the end of 60 

months (` per 

NCD) – (C) 

Aggregate 

Amount 

Payable at 

the at the end 

of 60 months 

(` per NCD) 

=(A/2) +(C)* 

NCD Holder who is an Individual 1,000 263.37 763.37* 348.48 848.48 

NCD Holder who is a Non Individual 1,000 226.93 726.93 298.17 798.17 


On any relevant Record Date the Registrar and/or our Company shall determine the list and identity of NCD Holders, (based 

on their DP identification, PAN and/or entries in the register of NCD Holders), and make applicable interest payments based on 

whether such NCD Holder as on such Record Date is an Individual or a Non Individual. The categories of the NCD Holders, 

(i.e. Individuals and Non Individuals), will be identified based on the details obtained from the depository database (with 

respect to NCDs held in dematerialized form) and register of NCD Holders (with respect to the NCDs held in physical form). 

2. Payment of Interest/Premium: 

Annual Payment of Interest for Series I and Series II NCDs: For NCDs subscribed under Series I and Series II, the relevant 

interest will be paid on the first day of April every year for the amount outstanding. The first interest payment will be made on 

April 1, 2014 for the period commencing from the Deemed Date of Allotment till March 31, 2014. The last interest payment 

will be made at the time of redemption of the NCD on a pro rata basis. 

Monthly Payment of Interest for Series III NCDs: For NCDs subscribed under Series III, the first interest payment shall be 

made on the first day of September, 2013. The first interest payment shall be made from the Deemed Date of Allotment up 

to the August 31, 2013. The relevant interest accruing after August 31, 2013 will be paid on the first day of every following 

month for the amount outstanding. Interest payment will be made till the expiry of sixty months from the Deemed Date of 

Allotment. The last interest payment will be made at the time of redemption of the NCD on a pro rata basis. 

Basis of payment of Interest / Premium : Payment of (a) interest and/or redemption amount in case of Series I, Series II and 

Series III NCDs and (b) the face value of the NCDs plus the applicable premium on redemption in case of Series IV and Series 

V NCDs, will be made to those NCD Holders (or to first holder in case of joint-holders), whose names appear in the register 

of NCD Holders (in case of NCDs held in physical form) and/or the details obtained from the depository database (in case of 

NCDs held in dematerialized form), as on the applicable Record Date. On every relevant Record Date, the Registrar and/or 

our Company shall determine the list and identity of NCD Holders, (based on their DP identification, PAN and/or entries in 

the register of NCD Holders), and make applicable interest payments based on whether such NCD Holder as on the applicable 

Record Date is an Individual or a Non Individual. 

We may enter into an arrangement with one or more banks in one or more cities for direct credit of interest to the account of 

the investors. In such cases, interest, would be directly credited to the account of those investors who have given their bank 

mandate on the interest payment date. 

We may offer the facility of NECS, NEFT, RTGS, Direct Credit and any other method permitted by RBI and SEBI from time 

to time to help NCD Holders. The terms of this facility (including towns where this facility would be available) would be as 

prescribed by RBI. Refer to the paragraph on “Manner of Payment of Interest/Refund/Redemption Amounts” at page 271 in 




3. Taxation: Any tax exemption certificate/document must 

be lodged at the office of the Registrar at least 7(seven) days 

prior to the Record Date or as specifically required, failing 

which tax applicable on interest will be deducted at source on 

accrual thereof in our Company’s books and/or on payment 

thereof, in accordance with the provisions of the IT Act and/ 

or any other statutory modification, enactment or notification 

as the case may be. A tax deduction certificate will be issued 

for the amount of tax so deducted. 

As per clause (ix) of Section 193 of the I.T. Act, no tax is 

required to be withheld on any interest payable on any security 

issued by a company, where such security is in dematerialized 

form and is listed on a recognized stock exchange in India in 

accordance with the Securities Contracts (Regulation) Act, 1956 

(42 of 1956) and the rules made thereunder. Accordingly, no tax 

will be deducted at source from the interest on listed NCDs held 

in the dematerialized form. 

However in case of NCDs held in physical form, as per the 

current provisions of the IT Act, tax will not be deducted 

at source from interest payable on such NCDs held by the 

investor (in case of resident Individuals and HUFs), if such 

interest does not exceed ` 5,000 in any financial year. If 

interest exceeds the prescribed limit of ` 5,000 on account 

of interest on the NCDs, then the tax will be deducted at 

applicable rate. However in case of NCD Holders claiming 

non-deduction or lower deduction of tax at source, as the 

case may be, the NCD Holder should furnish either (a) a 

declaration (in duplicate) in the prescribed form i.e. (i) 

Form 15H which can be given by Individuals who are of 

the age of 60 years or more (ii) Form 15G which can be 

given by all Applicants (other than companies, and firms ), 

or (b) a certificate, from the Assessing Officer which can be 

obtained by all Applicants (including companies and firms) 

by making an application in the prescribed form i.e. Form 

No.13. The aforesaid documents, as may be applicable, 

should be submitted to our Company quoting the name of the 

sole/ first NCD Holder, NCD folio number and the distinctive 

number(s) of the NCD held, prior to the Record Date to 

ensure non-deduction/lower deduction of tax at source from 

interest on the NCD. The investors need to submit Form 

15H/ 15G/certificate in original from Assessing Officer 

for each financial year during the currency of the NCD to 

ensure non-deduction or lower deduction of tax at source 

from interest on the NCD. 

If the date of interest payment falls on a Saturday, Sunday or 

a public holiday in Mumbai or Chennai or any other payment 

centre notified in terms of the Negotiable Instruments Act, 1881, 

then interest would be paid on the next working day. Payment 

of interest would be subject to the deduction as prescribed in the 

I.T. Act or any statutory modification or re-enactment thereof 

for the time being in force. 

Subject to the terms and conditions in connection with 

computation of applicable interest on the Record Date as stated 

on page 267 of the Prospectus, please note that in case the 

NCDs are transferred and/or transmitted in accordance with 

the provisions of the Prospectus read with the provisions of 

the Articles of Association of our Company, the transferee of 

such NCDs or the deceased holder of NCDs, as the case may 

be, shall be entitled to any interest which may have accrued 

on the NCDs. 

4. Day Count Convention: 

Interest shall be computed on a 365 days-a-year basis on the 

principal outstanding on the NCDs. However, where the interest 

period (start date to end date) includes February 29, interest 

shall be computed on 366 days-a-year basis, on the principal 

outstanding on the NCDs 

5. Effect of holidays on payments: 

If the date of payment of interest or principal or any date specified 

does not fall on a Working Day, then the succeeding Working 

Day will be considered as the effective date for such payment of 

interest or principal, as the case may be (the “Effective Date”). 

Interest and principal or other amounts, if any, will be paid on 

the Effective Date. For avoidance of doubt, in case of interest 

payment on Effective Date, interest for period between actual 

interest payment date and the Effective Date will be paid in 

normal course in next interest payment date cycle. Payment of 

interest will be subject to the deduction of tax as per Income Tax 

Act or any statutory modification or re-enactment thereof for the 

time being in force. In case the Maturity Date falls on a holiday, 

the payment will be made on the next Working Day, without any 

interest for the period overdue. 

73. Interest on Application Money: 

1. Interest on application monies received which are used 

towards allotment of NCDs: Our Company shall pay interest 

on application money on the amount allotted to the Applicants, 

other than to ASBA Applicants, subject to deduction of income 

tax under the provisions of the Income Tax Act, 1961, as 

amended, as applicable, to any Applicants to whom NCDs 

are allotted pursuant to the Issue from the date of realization 

of the cheque(s)/demand draft(s) or 3 (three) days from the 

date of receipt of the application (being the date of upload of 

each Application on the electronic Application platform of the 

Stock Exchanges) whichever is later upto one day prior to the 

Deemed Date of Allotment, at the rate of 9.00% per annum. 

Our Company has a right to withdraw the Issue at anytime 2 

(two) days prior to Issue closing date for receiving subscription 

in the Issue. Our Company shall in the event of such withdrawal, 

subject to receipt of a minimum subscription of 75 % of the 

Base Issue, i.e. ` 28,125 lacs, allot NCDs to all Applicants who 

have applied for NCDs upto one day prior to the date by which 

Company gives notice for withdrawal of Issue. However, it is 

clarified that in the event that our Company does not receive a 

minimum subscription of 75 % of the Base Issue, i.e. ` 28,125 

lacs our Company will not allot any NCDs to Applicants. 

Further our Company shall pay interest on application money 

on the amount allotted, other than to ASBA Applicants, subject 

to deduction of income tax under the provisions of the Income 

Tax Act, 1961, as amended, as applicable, to any Applicants to 

whom NCDs are allotted pursuant to the Issue from the date 

of realization of the cheque(s)/demand draft(s) or 3 (three) 

days from the date of receipt of the application (being the 

date of upload of each Application on the electronic Application 

platform of the Stock Exchanges) whichever is later upto one 

day prior to the Deemed Date of Allotment, at the rate of 

9.00% per annum. 

Our Company may enter into an arrangement with one or more 

banks in one or more cities for direct credit of interest to the 

account of the Applicants. Alternatively, the interest warrant 

will be dispatched along with the Letter(s) of Allotment at the 

sole risk of the Applicant, to the sole/first Applicant. 


31


2. Interest on application monies received which are liable to 

be refunded: Our Company shall pay interest on application 

money which is liable to be refunded to the Applicants, other 

than to ASBA Applicants, in accordance with the provisions 

of the Debt Regulations and/or the Companies Act, or other 

applicable statutory and/or regulatory requirements, subject 

to deduction of income tax under the provisions of the Income 

Tax Act, 1961, as amended, as applicable, from the date of 

realization of the cheque(s)/demand draft(s) or 3 (three) 

days from the date of receipt of the application (being the 

date of upload of each Application on the electronic Application 

platform of the Stock Exchanges) whichever is later upto one 

day prior to the Deemed Date of Allotment, at the rate of 

2.50% per annum. Such interest shall be paid along with the 

monies liable to be refunded. Interest warrant will be dispatched 

/ credited (in case of electronic payment) along with the 

Letter(s) of Refund at the sole risk of the Applicant, to the sole/ 

first Applicant. 

In the event our Company does not receive a minimum 

subscription of 75 % of the Base Issue, i.e. ` 28,125 lacs on the 

date of closure of the Issue, our Company shall pay interest 

on application money which is liable to be refunded to the 

Applicants, other than to ASBA Applicants, in accordance 

with the provisions of the Debt Regulations and/or the 

Companies Act, or other applicable statutory and/or 

regulatory requirements, subject to deduction of income tax 

under the provisions of the Income Tax Act, 1961, as amended. 

Provided that, notwithstanding anything contained hereinabove, 

our Company shall not be liable to pay any interest on monies 

liable to be refunded in case of (a) invalid applications or 

applications liable to be rejected, and/or (b) applications which 

are withdrawn by the Applicant. Please refer to “Rejection of 

Application” at page 300 of the Prospectus. 

74. Maturity and Redemption: 

The NCDs issued pursuant to the Prospectus have a fixed 

maturity date. 

• Series I: The date of maturity for Series I NCDs is thirty six 

months from the Deemed Date of Allotment. Each Series I 

NCD shall be redeemed at the Face Value thereof along with the 

interest accrued thereon, if any, at the end of thirty six months 

from the Deemed Date of Allotment. 

• Series II: The date of maturity for Series II NCDs is sixty 

months from the Deemed Date of Allotment. 50% of the 

Face Value of the NCDs will be payable at the end of the 

forty eight months and remaining 50% at the end of the 

sixty months from the Deemed Date of Allotment. The Face 

Value at each stage of redemption as detailed above, shall be 

payable together with any interest at the applicable Coupon 

which may have accrued on the date of such redemption 

plus the Additional Incentive as may be applicable for NCD 

Holders who are Individuals. 

• Series III: The date of maturity for Series III NCDs is sixty 

months from the Deemed Date of Allotment. Each Series III 

NCD shall be redeemed at the Face Value thereof along with 

the interest accrued thereon, if any, at the end of sixty months 

from the Deemed Date of Allotment. 

• Series IV: The date of maturity for Series IV NCDs is thirty 

six months. Each Series IV NCDs, shall be redeemable at a 

premium of ` 364.33 per Series IV NCD held by an Individual 

and at a premium of ` 318.67 per Series IV NCD held by 

a Non Individual, at the end of thirty six months from the 

Deemed Date of Allotment. 

• Series V: The date of maturity for Series V NCDs is 

sixty months from the Deemed Date of Allotment. For 

Series V NCDs, 50% of the Face Value of the NCDs shall 

be redeemable at a premium of ` 263.37 per Series V NCD 

held by an Individual and at a premium of ` 226.93 per Series 

V NCD held by a Non Individual at the end of forty eight 

months from the Deemed Date of Allotment and the remaining 

50% of the Face Value of the NCDs shall be redeemable at a 

premium of ` 348.48 per Series V NCD held by an Individual 

and at a premium of ` 298.17 per Series V NCD held by a Non 

Individual at the end of sixty months from the Deemed Date 

of Allotment. 

Upon the part redemption (i.e. repayment of 50% of the Face 

Value) of the each of the Series II and Series V NCDs at the 

end of forty eight months from the Deemed Date of Allotment, 

in accordance with the aforementioned provisions of the 

Prospectus, trading in such Series II and Series V NCDs, will be 

suspended till the required approval(s) and/or permission(s) for 

trading in the Series II and Series V NCDs (with respect to the 

outstanding value of Series II and Series V NCDs) is obtained 

from the Stock Exchanges and/or other regulatory authorities, 

in accordance with the applicable statutory and/or regulatory 

requirements. 

Please further note that with respect to Series II and Series V 

NCDs, our liability to NCD Holder(s) to the extent of the value 

of the NCDs partly redeemed and repaid at the end of forty 

eight months, towards his/their rights including for payment or 

otherwise shall stand extinguished from the date of payment of 

the redemption amount at the end of forty eight months. The 

NCD certificate(s) for all Series II and Series V NCDs shall 

stand extinguished to the extent of the amount partly redeemed 

upon redemption of the corresponding value of the NCD(s), at 

the end of forty eight months. 

75. Application Size: 

Each application should be for a minimum of 10 NCDs and in 

multiples of 1 NCD thereafter. The minimum application size 

for each application would be ` 10,000/- ( for all Series of NCDs 

namely, Series I, Series II, Series III, Series IV and Series V 

NCDs either taken individually or collectively) and in multiples 

of ` 1,000/- thereafter. 

Applicants can apply for any or all types of NCDs offered 

hereunder (any/all options) using the same Application Form. 

Applicants are advised to ensure that applications made 

by them do not exceed the investment limits or maximum 

number of NCDs that can be held by them under applicable 

statutory and or regulatory provisions. 

76. Terms of Payment: 

The entire issue price of ` 1,000 per NCD is payable on 

application itself. In case of allotment of lesser number of 

NCDs than the number of NCDs applied for, our Company 

shall refund the excess amount paid on application to the 

Applicant in accordance with the terms of the Prospectus. For 

further details please refer to the paragraph on “Interest on 

Application Money” on page 269 of the Prospectus. 

77. Manner of Payment of Interest / Refund / Redemption 

Amounts: 

The manner of payment of interest / refund / redemption in 



connection with the NCDs is set out below: 

For NCDs applied / held in electronic form: The bank details 

will be obtained from the Depositories for payment of Interest 

/ refund / redemption as the case may be. Applicants who have 

applied for or are holding the NCDs in electronic form, are 

advised to immediately update their bank account details as 

appearing on the records of the depository participant. Please 

note that failure to do so could result in delays in credit of 

refunds to the Applicant at the Applicant’s sole risk, and the 

Lead Managers, the Co-Lead Managers, our Company nor the 

Registrar to the Issue shall have any responsibility and undertake 

any liability for the same. 

For NCDs held in physical form: The bank details will be 

obtained from the Application Form or from the copy of 

the cancelled cheque annexed to the Application Form for 

payment of interest / refund / redemption as the case may be. 

The mode of interest / refund / redemption payments shall be 

undertaken in the following order of preference: 

1. Direct Credit: Investors having their bank account with 

the Refund Banks, shall be eligible to receive refunds, if any, 

through direct credit. The refund amount, if any, would be 

credited directly to their bank account with the Refund Banker. 

2. NECS: Payment of interest / refund / redemption shall be 

undertaken through NECS for Applicants having an account 

at the centers mentioned in NECS MICR list. 

This mode of payment of refunds would be subject to 

availability of complete bank account details including the 

MICR code, IFSC code, bank account number, bank name 

and branch name as appearing on a cheque leaf, from the 

Depositories. One of the methods for payment of interest / 

refund / redemption is through NECS for Applicants having a 

bank account at any of the abovementioned centers. 

3. RTGS: Applicants having a bank account with a 

participating bank and whose interest payment / refund 

/ redemption amount exceeds ` 2 lacs, or such amount as 

may be fixed by RBI from time to time, have the option 

to receive refund through RTGS. Such eligible Applicants 

who indicate their preference to receive interest payment / 

refund / redemption through RTGS are required to provide 

the IFSC code in the Application Form or intimate our 

Company and the Registrars to the Issue at least 7 (seven) 

days before the Record Date. Charges, if any, levied by the 

Applicant’s bank receiving the credit would be borne by the 

Applicant. In the event the same is not provided, interest 

payment / refund / redemption shall be made through NECS 

subject to availability of complete bank account details for the 

same as stated above. 

3. NEFT: Payment of interest / refund / redemption shall 

be undertaken through NEFT wherever the Applicants’ 

bank has been assigned the Indian Financial System Code 

(“IFSC”), which can be linked to a Magnetic Ink Character 

Recognition (“MICR”), if any, available to that particular 

bank branch. IFSC Code will be obtained from the website of 

RBI as on a date immediately prior to the date of payment 

of refund, duly mapped with MICR numbers. Wherever 

the Applicants have registered their nine digit MICR number 

and their bank account number while opening and operating 

the de-mat account, the same will be duly mapped with the 

IFSC Code of that particular bank branch and the payment 

of interest/refund/redemption will be made to the Applicants 

through this method. 

4. Registered Post/Speed Post: For all other Applicants, 

including those who have not updated their bank particulars 

with the MICR code, the interest payment / refund / redemption 

orders shall be dispatched through Speed Post/ Registered Post 

only to Applicants that have provided details of a registered 

address in India. Refunds may be made by cheques, pay orders, 

or demand drafts drawn on the relevant Refund Bank and 

payable at par at places where Applications are received. All 

cheques, pay orders, or demand drafts as the case may be, shall 

be sent by registered/speed post at the Investor’s sole risk. Bank 

charges, if any, for cashing such cheques, pay orders, or demand 

drafts at other centres will be payable by the Applicant. 

78. Refunds for Applicants other than ASBA Applicants: 

Within 12 Working Days of the Issue Closing Date, the Registrar 

to the Issue will dispatch refund orders/issue instructions for 

electronic refund, as applicable, of all amounts payable to 

unsuccessful Applicants (other than ASBA Applicants) and 

also any excess amount paid on Application, after adjusting 

for allocation/Allotment of NCDs. In case of Applicants who 

have applied for Allotment of NCDs in dematerialized form, 

the Registrar to the Issue will obtain from the Depositories the 

Applicant’s bank account details, including the MICR code, on 

the basis of the DP ID and Client ID provided by the Applicant in 

their Application Forms, for making refunds. In case of Applicants 

who have applied for Allotment of NCDs in physical form, the 

bank details will be extracted from the Application Form or the 

copy of the cheque. For Applicants who receive refunds through 

ECS, direct credit, RTGS or NEFT, the refund instructions will 

be issued to the clearing system within 12 Working Days of the 

Issue Closing Date. A suitable communication will be dispatched 

to the Applicants receiving refunds through these modes, giving 

details of the amount and expected date of electronic credit of 

refund. Such communication will be mailed to the addresses 

(in India) of Applicants, as per Demographic Details received 

from the Depositories or the address details provided in the 

Application Form, in case of Applicants who have applied for 

Allotment of NCDs in physical form. The Demographic Details 

or the address details provided in the Application Form would 

be used for mailing of the physical refund orders, as applicable. 

Investors who have applied for NCDs in electronic form, are 

advised to immediately update their bank account details as 

appearing on the records of their Depository Participant. Failure 

to do so could result in delays in credit of refund to the investors 

at their sole risk and neither the Lead Managers, the Co-Lead 

Managers nor the Company shall have any responsibility and 

undertake any liability for such delays on part of the investors. 

79. Printing of Bank Particulars on Interest Warrants: 

As a matter of precaution against possible fraudulent encashment 

of refund orders and interest/redemption warrants due to loss or 

misplacement, the particulars of the Applicant’s bank account 

are mandatorily required to be given for printing on the orders/ 

warrants. In relation to NCDs applied and held in dematerialized 

form, these particulars would be taken directly from the 

depositories. In case of NCDs held in physical form either 

on account of rematerialisation or transfer, the investors are 

advised to submit their bank account details with our Company 

/ Registrar at least 7 (seven) days prior to the record date failing 

which the orders / warrants will be dispatched to the postal 

address of the holder of the NCD as available in the records of 

our Company. Bank account particulars will be printed on the 

orders/ warrants which can then be deposited only in the account 

specified. 


33


80. Loan against NCDs: Pursuant to RBI Circular dated June 

27, 2013, our Company, being an NBFC, is not permitted to 

extend any loans against the security of its NCDs. 

81. Buy Back of NCDs: Our Company may, at its sole discretion, 

from time to time, consider, subject to applicable statutory and/ 

or regulatory requirements, buyback of NCDs, upon such terms 

and conditions as may be decided by our Company. 

Our Company may from time to time invite the NCD Holders 

to offer the NCDs held by them through one or more buy-back 

schemes and/or letters of offer upon such terms and conditions 

as our Company may from time to time determine, subject 

to applicable statutory and/or regulatory requirements. Such 

NCDs which are bought back may be extinguished, re-issued 

and/or resold in the open market with a view of strengthening 

the liquidity of the NCDs in the market, subject to applicable 

statutory and/or regulatory requirements. 

82. Procedure for Redemption by NCD Holders: 

The procedure for redemption is set out below: 

NCDs held in physical form: No action would ordinarily 

be required on the part of the NCD Holder at the time of 

redemption and the redemption proceeds would be paid to 

those NCD Holders whose names stand in the register of 

NCD Holders maintained by us on the record date fixed for 

the purpose of Redemption. However, our Company may 

require that the NCD certificate(s), duly discharged by the 

sole holder/all the joint-holders (signed on the reverse of the 

NCD certificate(s)) be surrendered for redemption on maturity 

and should be sent by the NCD Holder(s) by Registered Post 

with acknowledgment due or by hand delivery to our office 

or to such persons at such addresses as may be notified by 

us from time to time. NCD Holder(s) may be requested 

to surrender the NCD certificate(s) in the manner as stated 

above, not more than three months and not less than one month 

prior to the redemption date so as to facilitate timely payment. 

We may at our discretion redeem the NCDs without the 

requirement of surrendering of the NCD certificates by the 

holder(s) thereof. In case we decide to do so, the holders of 

NCDs need not submit the NCD certificates to us and the 

redemption proceeds would be paid to those NCD Holders 

whose names stand in the register of NCD Holders maintained 

by us on the record date fixed for the purpose of redemption 

of NCDs. In such case, the NCD certificates would be deemed 

to have been cancelled. Also see the para “Payment on 

Redemption” given below. 

Please note that with respect to Series II and Series V NCDs, our 

liability to NCD Holder(s) to the extent of the value of the NCDs 

partly redeemed and repaid at the end of forty eight months, 

towards his/their rights including for payment or otherwise shall 

stand extinguished from the date of payment of the redemption 

amount at the end of forty eight months. The NCD certificate(s) 

for all Series II and Series V NCDs shall stand extinguished 

to the extent of the amount partly redeemed upon redemption 

of the corresponding value of the NCD(s), at the end of forty 

eight months. It is clarified that for debenture holders holding 

Series II ans Series V of NCDs in the physical form, upon 

the part redemption thereof, at the end of 48 months from the 

Deemed Date of Allotment, our Company shall issue fresh NCD 

certificates for the remaining outstanding Face Value of the 

NCDs and shall cancel the existing NCD Certificates (in light 

of the extent of the Face Value of the NCDs which are redeemed 

at the end of 48 months from the Deemed Date of Allotment) 

NCDs held in electronic form: No action is required on the 

part of NCD Holder(s) at the time of redemption of NCDs. 

Upon the part redemption (i.e. repayment of 50% of the Face 

Value) of the each of the Series II and Series V NCDs at the 

end of forty eight months from the Deemed Date of Allotment, 

in accordance with the aforementioned provisions of the 

Prospectus, trading in such Series II and Series V NCDs, will be 

suspended till the required approval(s) and/or permission(s) for 

trading in the Series II and Series V NCDs (with respect to the 

outstanding value of Series II and Series V NCDs) is obtained 

from the Stock Exchanges and/or other regulatory authorities, 

in accordance with the applicable statutory and/or regulatory 

requirements. 

Please further note that with respect to Series II and Series V 

NCDs, our liability to NCD Holder(s) to the extent of the value 

of the NCDs partly redeemed and repaid at the end of forty 

eight months, towards his/their rights including for payment or 

otherwise shall stand extinguished from the date of payment of 

the redemption amount at the end of forty eight months. 

83. Payment on Redemption: 

The manner of payment of redemption is set out below: 

NCDs held in physical form: The payment on redemption 

of the NCDs will be made by way of cheque/pay order/ 

electronic modes. However, if our Company so requires, 

the aforementioned payment would only be made on the 

surrender of NCD certificate(s), duly discharged by the sole 

holder / all the joint-holders (signed on the reverse of the 

NCD certificate(s). Dispatch of cheques/pay order, etc. in 

respect of such payment will be made on the Redemption 

Date or (if so requested by our Company in this regard) 

within a period of 30 days from the date of receipt of the 

duly discharged NCD certificate. 

In case we decide to do so, the redemption proceeds in the 

manner stated above would be paid on the Redemption Date 

to those NCD Holders whose names stand in the register of 

NCD Holders maintained by us/Registrar to the Issue on the 

record date fixed for the purpose of Redemption. Hence the 

transferees, if any, should ensure lodgment of the transfer 

documents with us at least 7 (seven) days prior to the record 

date. In case the transfer documents are not lodged with us at 

least 7 (seven) days prior to the record date and we dispatch 

the redemption proceeds to the transferor, claims in respect 

of the redemption proceeds should be settled amongst the 

parties inter se and no claim or action shall lie against us or 

the Registrars. 

Our liability to holder(s) towards his/their rights including 

for payment or otherwise shall stand extinguished from the 

date of redemption in all events and when we dispatch the 

redemption amounts to the NCD Holder(s). 

Further, we will not be liable to pay any interest, income or 

compensation of any kind from the date of redemption of the 

NCD(s). 

NCDs held in electronic form: On the redemption date, 

redemption proceeds would be paid by cheque /pay order / 

electronic mode to those NCD Holders whose names appear 

on the list of beneficial owners given by the Depositories to 

us. These names would be as per the Depositories’ records on 

the record date fixed for the purpose of redemption. These 

NCDs will be simultaneously extinguished to the extent of 

the amount redeemed through appropriate debit corporate 

action upon redemption of the corresponding value of the 



NCDs. It may be noted that in the entire process mentioned 

above, no action is required on the part of NCD Holders. 

Our liability to NCD Holder(s) towards his/their rights 

including for payment or otherwise shall stand extinguished 

from the date of redemption in all events and when we 

dispatch the redemption amounts to the NCD Holder(s). 

Further, we will not be liable to pay any interest, income or 

compensation of any kind from the date of redemption of 

the NCD(s). 

84. Right to Reissue NCD(s): 

Subject to the provisions of the Act, where we have fully 

redeemed or repurchased any NCD(s), we shall have and 

shall be deemed always to have had the right to keep such 

NCDs in effect without extinguishment thereof, for the 

purpose of resale or reissue and in exercising such right, we 

shall have and be deemed always to have had the power to 

resell or reissue such NCDs either by reselling or reissuing 

the same NCDs or by issuing other NCDs in their place. The 

aforementioned right includes the right to reissue original 

NCDs. 

85. Sharing of Information: 

We may, at our option, use on our own, as well as exchange, 

share or part with any financial or other information about 

the NCD Holders available with us, with our subsidiaries, 

if any and affiliates and other banks, financial institutions, 

credit bureaus, agencies, statutory bodies, as may be required 

and neither we or our affiliates nor their agents shall be liable 

for use of the aforesaid information. 

86. Notices: 

All notices to the NCD Holder(s) required to be given by us 

or the Debenture Trustee shall be published in one English 

language newspaper having wide circulation and one regional 

language daily newspaper in Chennai and/or will be sent by 

post/ courier or through email or other electronic media to 

the Registered Holders of the NCD(s) from time to time. 

87. Issue of Duplicate NCD Certificate(s): 

If any NCD certificate(s) is/are mutilated or defaced or the 

cages for recording transfers of NCDs are fully utilised, the 

same may be replaced by us against the surrender of such 

certificate(s). Provided, where the NCD certificate(s) are 

mutilated or defaced, the same will be replaced as aforesaid 

only if the certificate numbers and the distinctive numbers 

are legible. 

If any NCD certificate is destroyed, stolen or lost then upon 

production of proof thereof to our satisfaction and upon 

furnishing such indemnity/security and/or documents as we 

may deem adequate, duplicate NCD certificate(s) shall be 

issued. Upon issuance of a duplicate NCD certificate, the 

original NCD certificate shall stand cancelled. 

88. Market Making: 

The Company is exploring a possibility of appointment of 

market maker(s) in connection with the NCDs offered in the 

Issue. Market maker(s) may be appointed also subject to receipt 

of statutory approvals as may be required. 

89. Future Borrowings: 

We will be entitled to borrow/raise loans or avail of financial 

assistance in whatever form as also to issue debentures/ 

NCDs/other securities in any manner having such ranking 

in priority, pari passu or otherwise, subject to applicable 

consents, approvals or permissions that may be required 

under any statutory/regulatory/contractual requirement, and 

change the capital structure including the issue of shares 

of any class, on such terms and conditions as we may think 

appropriate, without the consent of, or intimation to, the 

NCD Holders or the Debenture Trustee in this connection. 

90. Impersonation: 

As a matter of abundant caution, attention of the Investors is 

specifically drawn to the provisions of sub-section (1) of Section 

68A of the Companies Act which is reproduced below: 

“Any person who makes in a fictitious name an application to a 

company for acquiring, or subscribing for, any shares therein, or 

otherwise induces a company to allot, or register any transfer of 

shares therein to him, or any other person in a fictitious name, 

shall be punishable with imprisonment for a term which may 

extend to five years”. 

91. Pre-closure: 

Our Company, in consultation with the Lead Managers and the 

Co-Lead Managers reserves the right to close the Issue at any time 

prior to the Issue Closing Date, subject to receipt of minimum 

subscription for NCDs aggregating to 75% of the Base Issue. 

Our Company shall allot NCDs with respect to the Applications 

received at the time of such pre-closure in accordance with the 

Basis of Allotment as described hereinabove and subject to 

applicable statutory and/or regulatory requirements. 

92. Utilisation of Application Money: 

The sum received in respect of the Issue will be kept in separate 

bank accounts and we will have access to such funds as per 

applicable provisions of law(s), regulations and approvals. 

93. Utilisation of Issue Proceeds: 

a) All monies received pursuant to the Issue of NCDs to 

public shall be transferred to a separate bank account other 

than the bank account referred to in sub-section (3) of section 

73 of the Act. 

b) Details of all monies utilised out of Issue referred to 

in sub-item (a) shall be disclosed under an appropriate 

separate head in our Balance Sheet indicating the purpose for 

which such monies had been utilised; and 

c) Details of all unutilised monies out of issue of NCDs, 

if any, referred to in sub-item (a) shall be disclosed under 

an appropriate separate head in our Balance Sheet indicating 

the form in which such unutilised monies have been invested. 

d) We shall utilize the Issue proceeds only upon execution of the 

documents for creation of security as stated in the Prospectus 

and the Prospectus and on receipt of the minimum subscription 

of 75% of the Base Issue. 

e) The Issue proceeds shall not be utilized towards full or part 

consideration for the purchase or any other acquisition, inter alia 

by way of a lease, of any immovable property. 

94. Filing of the Prospectus with ROC: 

A copy of the Prospectus shall be filed with the Registrar of 

Companies, Chennai, Tamil Nadu, in terms of section 56 and 

section 60 of the Act. 

95. Pre-Issue Advertisement: 

Subject to Section 66 of the Companies Act, 1956, our Company 

will issue a statutory advertisement on or before the Issue 

Opening Date. This advertisement will contain the information 

as prescribed in Schedule IV of Debt Regulations in compliance 

with the Regulation 8(1) of Debt Regulations. Material updates, 

if any, between the date of filing of the Prospectus with ROC 

and the date of release of this statutory advertisement will be 

included in the statutory advertisement. 


35


96. Listing: 

The NCDs offered through the Draft Prospectus and the 

Prospectus are proposed to be listed on the BSE and the NSE. 

Our Company has obtained an ‘in-principle’ approval for the 

Issue from the BSE vide their letter dated July 2, 2013 and from 

NSE vide their letter dated July 2, 2013. For the purposes of the 

Issue, NSE shall be the Designated Stock Exchange. 

If permissions to deal in and for an official quotation of the NCDs 

are not granted by the Designated Stock Exchange, the Company 

will forthwith repay, without interest, all such moneys received 

from the Applicants pursuant to the Prospectus. If such money is 

not repaid within eight days after the Company becomes liable 

to repay it, our Company and every officer in default will on 

and from such expiry of eight days be liable to repay the money, 

with interest at the rate of 15% p.a. as prescribed under Section 

73 of the Companies Act. Our Company will use best efforts 

to ensure that all steps for the completion of the necessary 

formalities for listing at the Stock Exchanges are taken within 

12 Working Days of the Issue Closing Date. Our Company shall 

use best efforts to ensure that all steps for completion of the 

necessary formalities for commencement of trading at the Stock 

Exchange where the NCDs are proposed to be listed are taken 

within 12 Working Days from the Issue Closing Date. For the 

avoidance of doubt, it is hereby clarified that in the event of non 

subscription to any one or more of the Series, such Series(s) of 

NCDs shall not be listed. 

DETAILS PERTAINING TO THE COMPANY 

a. General Information 


Date of Incorporation: June 30, 1979. Our Company was 

incorporated as a public limited company under the provisions 

of the Act. 

Registered Office: 

Mookambika Complex, 3 rd Floor, No. 4, Lady Desika Road, 

Mylapore, Chennai, Tamil Nadu – 600004. 

Registration: 

Corporate Identification Number: L65191TN1979PLC007874 

issued by the Registrar of Companies, Tamil Nadu. 

Our Company holds a certificate of registration dated September 

4, 2000 bearing registration no. A-07-00459 issued by the RBI 

to carry on the activities of a NBFC under section 45 IA of the 

RBI Act, 1934, which has been renewed on April 17, 2007, 

(bearing registration no. 07-00459). 

b. Details of share capital 

The share capital of our Company as at date of the Prospectus is 

set forth below: 

Share Capital 

Rupees in 

lacs 

Authorised Share Capital 

39, 70, 00, 000 Equity Shares of ` 10/- each 39,700 

2,00,00,000 Preference Shares of ` 100/- each 20,000 

Total 59,700 

Issued 

22,69,18,077 Equity Shares of ` 10 /- each 22,691.81 

Share Capital 

Subscribed 

Rupees in 

lacs 

22,69,18,077Equity Shares of ` 10 /- each 22,691.81 

Paid-up Share Capital 

22,68,63,936 Equity Shares of ` 10/- each 22,686.39 

48,000 Equity Shares of ` 10/- each, paid up ` 2.40 

5/- each 

Total 22,688.79 

For further details, please refer page 73 of the Prospectus. 

c. Our Management 

Board of Directors: The general superintendence, direction and 

management of our affairs and business are vested in our Board 

of Directors. We have not appointed any ‘manager’ within the 

meaning thereof under the provisions of the Act. As on the date 

of the Prospectus, we have 10 (Ten) Directors on our Board. 

Name 

Designation 

Mr. Arun Duggal 

Non Executive Chairman 

Mr. Umesh Govind Revankar Managing Director 

Mr. Ramachandran Sridhar Non-Executive and Non- 

Independent Director 

Mr. Sumati Prasad Mishrilal 

Bafna 

Mr. Mayashanker Verma 

Mr. Puneet Bhatia 

Mr. Lakshminarayanan 

Subramanian 

Mr. Ranvir Dewan 

Mrs. Kishori Udeshi 

Mr. Amitabh Chaudhry 

D. Our Subsidiaries 

Non-Executive and Independent 

Director 


Director 

Non-Executive and Non- 



Director 

Non-Executive and Non- 


Non- Executive and Independent 

Director 

Non- Executive and Independent 

Director 

As on the date of the Prospectus our Company has the following 

three subsidiaries: 

1. Shriram Equipment Finance Company Limited, 

(“SEFCL”): SEFCL was incorporated pursuant to a certificate 

of incorporation dated December 15, 2009 issued by the 

Registrar of Companies, Chennai, Tamil Nadu, and having its 

registered office situated at Mookambika Complex, 3 rd Floor, 

No. 4, Lady Desika Road, Mylapore, Chennai, Tamil Nadu, 

India - 600004. 

2. Shriram Automall India Limited, (“SAIL”): SAIL was 

incorporated pursuant to a certificate of incorporation dated 

February 11, 2010 issued by the Registrar of Companies, 

Chennai, Tamil Nadu and having its registered office situated 

at Mookambika Complex, 3 rd Floor, No. 4, Lady Desika Road, 

Mylapore, Chennai, Tamil Nadu, India - 600004. 



3. Shriram Insurance Broking Company Limited 

(“SIBCL”): SIBCL was incorporated pursuant to a certificate 

of incorporation dated January 1, 2013 issued by the Registrar 

of Companies, Chennai, Tamil Nadu and having its registered 

office situated at Mookambika Complex, 3 rd Floor, No. 4, Lady 

Desika Road, Mylapore, Chennai, Tamil Nadu, India - 600004. 

e. Debt - equity ratio: 

The debt equity ratio prior to this Issue is based on a total 

outstanding consolidated debt of ` 33,38,625.14 lacs and 

consolidated shareholder funds amounting to ` 7,30,250.60 

lacs as on March 31, 2013. The debt equity ratio post the Issue 

(assuming subscription of ` 75,000 lacs) is 4.67 times, based on 

a total outstanding debt of ` 34,13,625.14 lacs and shareholders 

fund of ` 7,30,250.60 lacs as on March 31, 2013. 

(` in lacs) 

Particulars # 

Prior to the 

Issue 

Post the 

Issue* 

Secured loans as on March 26,11,526.17 26,86,526.17 

31, 2013 

Unsecured loans as on March 7,27,098.97 727,098.97 

31, 2013 

Total Debt 33,38,625.14 34,13,625.14 

Share capital as on March 31, 22,688.79 22,688.79 

2013 

Reserves as on March 31, 7,11,098.38 7,11,098.38 

2013 

Less: Miscellaneous 

3,536.57 3,536.57 

expenditure (to the extent not 

written off or adjusted) as on 

March 31, 2013 

Total Shareholders Fund 7,30,250.60 7,30,250.60 

Debt Equity Ratio (Number 

4.57 4.67 

of times) 

# On a consolidated basis. 

* The debt-equity ratio post the Issue is indicative and is on 

account of assumed inflow of ` 75,000 lacs from the Issue, as 

on March 31, 2013 and does not include contingent and offbalance 

sheet liabilities. The actual debt-equity ratio post the 

Issue would depend upon the actual position of debt and equity 

on the date of allotment. 

For details on the total outstanding debt of our Company, please 

refer to the section titled “Disclosures on Existing Financial 

Indebtedness” beginning on page 186 of the Prospectus. 

F. OTHER FINANCIAL INFORMATION 

SUMMARY FINANCIAL INFORMATION 

The following tables are derived from Reformatted 

Consolidated Summary Financial Statements and the 

Reformatted Unconsolidated Summary Financial Statements. 

The Reformatted Consolidated Summary Financial Statements 

and the Reformatted Unconsolidated Summary Financial 

Statements should be read in conjunction with the examination 

report thereon issued by our Joint Statutory Auditors and 

statement of significant accounting policies and notes to 

accounts on the Reformatted Consolidated Summary Financial 

Statements and the Reformatted Unconsolidated Summary 

Financial Statements contained in the section titled “Financial 

Information” beginning on page 185 of the Prospectus. 

A. SUMMARY INFORMATION OF OUR 

UNCONSOLIDATED ASSETS AND LIABILITIES 

(` in lacs) 

A 

B 

C 

D 

E 

Particulars 

Equity and 

Liabilities 

Total Shareholders' 

fund 

Share application 

money pending 

allotment 

Total Non-current 

liabilities 

Total Current 

liabilities 

Total Equity 

and Liabilities 

(A+B+C+D) 

Assets 

As at March 31, 

2013 2012 2011 2010 2009 

719,473.96 599,231.25 490,439.30 384,233.30 231,649.80 

- - - - 13.45 

2,186,078.70 1,789,275.33 1,582,461.59 1,277,884.31 907,762.19 

1,577,770.12 1,189,241.18 1,089,962.93 1,037,592.27 1,360,382.93 

4,483,322.78 3,577,747.76 3,162,863.82 2,699,709.88 2,499,808.37 

F Total Non-current 2,098,796.42 1,667,435.90 1,491,975.65 1,284,955.92 1,200,020.13 

assets 

G Total Current assets 2,384,526.36 1,910,311.86 1,670,888.17 1,414,753.96 1,299,788.24 

H Total Assets (F+G) 4,483,322.78 3,577,747.76 3,162,863.82 2,699,709.88 2,499,808.37 

B. SUMMARY INFORMATION OF OUR UNCONSOLIDATED 

PROFIT AND LOSS ACCOUNT 

(` in lacs) 

Particulars 

For the year ended March 31, 

2013 2012 2011 2010 2009 

A. Total Income 656,358.99 589,387.66 540,105.45 450,138.30 373,763.10 

B Total 

Expenditure 

C. Net Profit 

Before Taxation 

(A-B) 

D Total tax 

expense / 

(income) 

E. Profit after tax 

from continuing 

operations 

(C-D) 

454,739.88 401,296.64 355,212.69 317,679.18 281,699.99 

201,619.11 188,091.02 184,892.76 132,459.12 92,063.11 

65,557.10 62,346.06 61,904.76 45,147.38 30,822.90 

136,062.01 125,744.96 122,988.00 87,311.74 61,240.21 

D. SUMMARY INFORMATION OF OUR CONSOLIDATED 

ASSETS AND LIABILITIES 

(` in lacs) 

A 

B 

C 

D 

E 

F 

G 

Particulars 

Equity and 

Liabilities 

Total 

Shareholders' 

fund 


liabilities 

Total Current 

liabilities 

Total Equity 

and Liabilities 

(A+B+C) 

Assets 


assets 

Total Current 

assets 

Total Assets 

(E+F) 

As at March 31, 

2013 2012 2011 2010 

733,787.16 603,264.11 489,335.80 384,406.83 

2,288,170.45 1,837,477.68 1,608,831.53 1,277,884.31 

1,743,003.56 1,263,042.78 1,114,000.33 1,037,595.24 

4,764,961.17 3,703,784.57 3,212,167.66 2,699,886.38 

2,247,986.36 1,720,273.41 1,520,316.66 1,285,161.52 

2,516,974.81 1,983,511.16 1,691,851.00 1,414,724.86 

4,764,961.17 3,703,784.57 3,212,167.66 2,699,886.38 


37


E. SUMMARY INFORMATION OF OUR CONSOLIDATED 

PROFIT AND LOSS ACCOUNT 

(` in lacs) 

Particulars 

For the year ended March 31, 

2013 2012 2011 2010 

A. Total Income 701,595.80 617,945.97 548,338.22 450,143.12 

B Total Expenditure 485,329.77 422,194.65 364,584.12 317,686.38 

C. Net Profit Before 

Taxation (A-B) 

D Total tax expense / 

(income) 

E. Profit after tax 

from continuing 

operations (C-D) 

216,266.03 195,751.32 183,754.10 132,456.74 

69,877.26 64,876.00 62,041.93 45,146.74 

146,388.77 130,875.32 121,712.17 87,310.00 

For further details please refer to the Prospectus. 

LlLEGAL AND OTHER INFORMATION 

Regulations And Policies 

For further details, please refer page 354 of the Prospectus. 

B. PENDING PROCEEDINGS And STATUTORY DEFAULTS 

As on the date of the Prospectus, there are no defaults in 

meeting statutory dues, institutional dues, and towards holders 

of instrument like debentures, fixed deposits and arrears on 

cumulative preference shares, etc, by our Company or by public 

companies promoted by the same promoter and listed on stock 

exchange. For futher details please refer to the Prospectus. 

C. Other Regulatory And Statutory Disclosures 

Authority for the Issue: At the meeting of the Board of Directors 

of our Company, held on May 7, 2013, the Directors approved 

the issue of NCDs to the public in one or more tranches, upto an 

amount not exceeding ` 2,00,000 lacs. 

Prohibition by SEBI: Our Company, persons in control of 

our Company and/or our Promoter have not been restrained, 

prohibited or debarred by SEBI from accessing the securities 

market or dealing in securities and no such order or direction 

is in force. Further, no member of our promoter group has been 

prohibited or debarred by SEBI from accessing the securities 

market or dealing in securities due to fraud. 

Disclaimer Clause of the NSE: As required, a copy of this Offer 

Document has been submitted to NSE. NSE has given vide its 

letter ref.: NSE/LIST/209048-8 dated July 02, 2013 permission 

to the Issuer to use the Exchange’s name in this Offer Document 

as one of the stock exchanges on which this Issuer’s securities 

are proposed to be listed. The Exchange has scrutinized this draft 

offer document for its limited internal purpose of deciding on 

the matter of granting the aforesaid permission to this Issuer. It 

s to be distinctly understood that the aforesaid permission given 

by NSE should not in any way be deemed or construed that the 

Offer Document has been cleared or approved by NSE; nor does 

it in any manner warrant, certify or endorse the correctness or 

completeness of any of the contents of this Offer Document; 

nor does it warrant that this Issuer’s securities will be listed 

or will continue to be listed on the Exchange; nor does it take 

any responsibility for the financial or other soundness of this 

Company, its promoters, its management or any scheme or 

project of this Issuer. 

Every person who desires to apply for or otherwise acquires 

any securities of this Issuer may do so pursuant to independent 

inquiry, investigation and analysis and shall not have any claim 

against the Exchange whatsoever by reason of any loss which 

may be suffered by such person consequent to or in connection 

with such subscription/acquisition whether by reason of 

anything stated or omitted to be stated herein or for any other 

reason whatsoever. 

Disclaimer Clause of the BSE: BSE Limited (“the Exchange”) 

has given vide its letter dated July 02, 2013, permission to this 

Company to use the Exchange’s name in this offer document as 

one of the stock exchanges on which this Company’s securities 

are proposed to be listed. The Exchange has scrutinized this 

offer document for its limited internal purpose of deciding on the 

matter of granting the aforesaid permission to this Company. The 

Exchange does not in any manner: 

a. Warrant, certify or endorse the correctness or completeness of 

any of the contents of this offer document; or 

b. Warrant that this Company’s securities will be listed or will 

continue to be listed on the Exchange; or 

c. Take any responsibility for the financial or other soundness of 

this Company, its promoters, its management or any scheme or 

project of this Company; 

and it should not for any reason be deemed or construed that this 

offer document has been cleared or approved by the Exchange. 

Every person who desires to apply for or otherwise acquires any 

securities of this Company may do so pursuant to independent 

inquiry, investigation and analysis and shall not have any claim 

against the Exchange whatsoever by reason of any loss which 

may be suffered by such person consequent to or in connection 

with such subscription/acquisition whether by reason of 

anything stated or omitted to be stated herein or for any other 

reason whatsoever. 

Disclaimer Clause of the RBI: THE COMPANY IS 

HAVING A VALID CERTIFICATE OF REGISTRATION 

DATED APRIL 17, 2007 ISSUED BY THE RESERVE 

BANK OF INDIA UNDER SECTION 45 IA OF THE 

RESERVE BANK OF INDIA ACT, 1934. HOWEVER, 

THE RBI DOES NOT ACCEPT ANY RESPONSIBILITY 

OR GUARANTEE ABOUT THE PRESENT POSITION 

AS TO THE FINANCIAL SOUNDNESS OF THE 

COMPANY OR FOR THE CORRECTNESS OF ANY OF 

THE STATEMENTS OR REPRESENTATIONS MADE 

OR OPINIONS EXPRESSED BY THE COMPANY AND 

FOR REPAYMENT OF DEPOSITS/ DISCHARGE OF 

LIABILITY BY THE COMPANY. 

Track record of past public issues handled by the Lead 

Managers and Co-Lead Managers: 

The track record of past issues handled by the Lead Managers 

and the Co-Lead Managers, as required by SEBI circular number 

CIR/MIRSD/1/2012 dated January 10, 2012, are available at the 

following websites: 

Name of Lead Manager/ Co- Website 

Lead Manager 

JM Financial Institutional www.jmfl.com 

Securities Private Limited 

A. K. Capital Services Limited www.akcapindia.com 

HDFC Bank Limited 

www.hdfcbank.com 

ICICI Securities Limited www.icicisecurities.com 



Karvy Investor Services Limited www.karvy.com 

RR Investors Capital Services www.rrfinance.com / www. 

Private Limited 

rrfcl.com 

SMC Capitals Limited www.smccapitals.com 

Trust Investment Advisors www.trustgroup.co.in 

Private Limited 

Listing: An application has been made to the NSE and the 

BSE for permission to deal in and for an official quotation of 

our NCDs. NSE has been appointed as the Designated Stock 

Exchange. 

If permissions to deal in and for an official quotation of our 

NCDs are not granted by NSE and/or BSE, our Company will 

forthwith repay, without interest, all moneys received from the 

Applicants in pursuance of the Prospectus. 

Our Company shall ensure that all steps for the completion 

of the necessary formalities for listing and commencement of 

trading at all the Stock Exchanges mentioned above are taken 

within 12 Working Days from the date of allotment. 

For the avoidance of doubt, it is hereby clarified that in the event 

of non subscription to any one or more of the Options, such 

NCDs with Option(s) shall not be listed. 

Consents: Consents in writing of: (a) the Directors, (b) our 

Company Secretary and Compliance Officer (c) Bankers to our 

Company and Bankers to the Issue; (d) Lead Managers, (e) Co- 

Lead Managers; (f) the Registrar to the Issue, (g) Lead Brokers 

to the Issue, (h) Legal Advisors to the Issue, (i) Credit Rating 

Agencies and (j) the Debenture Trustee to act in their respective 

capacities, have been obtained and the same will be filed along 

with a copy of the Prospectus with the ROC. 

The joint consents of the Joint Statutory Auditors of our 

Company, namely S. R. Batliboi & Co. LLP and G. D. Apte & Co. 

for inclusion of their names as (a) the joint Statutory Auditors, 

(b) examination reports on Reformatted Consolidated Summary 

Financial Statements and the Reformatted Unconsolidated 

Summary Financial Statements in the Prospectus have been 

obtained and the same will be filed with the Designated Stock 

Exchange along with a copy of the Prospectus. 

Expert Opinion: Except the following, our Company has not 

obtained any expert opinions in connection with the Prospectus: 

Our Company has received consent from its Joint Statutory 

Auditors namely, S.R. Batliboi & Co. LLP, Chartered Accountants 

and G.D.Apte & Co., Chartered Accountants to include their 

name as an expert under Section 58 of the Companies Act, 1956 

in the Prospectus in relation to the examination report of the 

Auditor dated June 18, 2013 and statement of tax benefits dated 

June 18, 2013 included in the Prospectus and such consent has 

not been withdrawn as on the date of the Prospectus. However, 

the term “expert” shall not be construed to mean an “expert”” as 

defined under the U.S Securities Act, 1933. 

Common form of Transfer:The Issuer undertakes that there 

shall be a common form of transfer for the NCDs and the 

provisions of the Companies Act, 1956 and all applicable 

laws shall be duly complied with in respect of all transfer of 

debentures and registration thereof. 

Minimum Subscription: If our Company does not receive the 

minimum subscription of 75% of the Base Issue, i.e. ` 28,125 

lacs, the entire subscription shall be refunded to the Applicants 

within 30 days from the date of closure of the Issue. If there is 

delay in the refund of subscription by more than 8 days after 

our Company becomes liable to refund the subscription amount, 

our Company will pay interest for the delayed period, at rates 

prescribed under sub-sections (2) and (2A) of Section 73 of the 

Companies Act, 1956. 

Filing of the Prospectus with ROC: A copy of the Prospectus 

has been filed with the Registrar of Companies, Chennai, Tamil 

Nadu, in terms of section 56 and section 60 of the Act. 

Debenture Redemption Reserve: Section 117C of the Act 

states that any company that intends to issue debentures must 

create a DRR to which adequate amounts shall be credited 

out of the profits of the company until the redemption of the 

debentures. The Ministry of Corporate Affairs has through its 

general circular dated February 11, 2013 (“Circular”) clarified 

that ‘the adequacy’ of DRR for NBFCs registered with the RBI 

under Section 45-lA of the RBI (Amendment) Act, 1997 shall 

be 25% of the value of debentures issued through a public issue 

as per the Debt Regulations. The Circular further mandates (a) 

every company to create/maintain the required DRR before the 

30 th day of April of each year and (b) deposit or invest, as the 

case may be, a sum which shall not be less than 15% of the 

amount of its debentures maturing during the year ending on 

the following 31 st day of March. The abovementioned amount 

deposited or invested, must not be utilized for any purpose other 

than for the repayment of debentures maturing during the year 

provided that the amount remaining deposited or invested must 

not at any time fall below 15% of the amount of debentures 

maturing during the period as mentioned above. 

Issue Related Expenses: The expenses of this Issue include, 

inter alia, lead management and co-lead management fees and 

selling commission to lead managers, co-lead managers, leadbrokers, 

fees payable to debenture trustees and the Registrar to 

the Issue, SCSBs’ commission/ fees, printing and distribution 

expenses, legal fees, statutory advertisement expenses and 

listing fees. The Issue expenses and listing fees will be paid by 

our Company. 

The estimated breakdown of the total expenses for the Issue is 

as follows: 

Activity 

Issue 

Expenses 

(` in lacs) 

As a % of 

total Issue 

Expenses 

As a % of 

Issue 

Lead management, 1,180.90 40.77 1.575 

selling commissions 

and brokerage 

Commission/processing 0.55 0.02 0.001 

fee for SCSBs and 

Syndicate for ASBA* 

Advertising and 1,011.24 34.92 1.348 

Marketing Expenses 

Printing and Stationery 365.00 12.60 0.487 

Advisors’ fees 30.06 1.04 0.040 

Registrar’s fees 16.85 0.58 0.022 

Other Miscellaneous 291.56 10.07 0.389 

(legal fees, credit rating 

expenses, listing fees 

etc.) 

Total 2,896.16 100.00 3.862 

* 

SCSBs would be entitled to a processing fee of ` 15 per Bid 


39


cum Application Form for processing the Bid cum Application 

Forms procured by the Syndicate or Registered Brokers and 

submitted to SCSB. 

Underwriting 

The Issue has not been underwritten. 

Details regarding the public issue during the last three years 

by our Company and other listed companies under the same 

management within the meaning of section 370(1B): 

Our Company has not made any public or rights or composite 

issue of capital during the last three years. There are no listed 

companies under the same management within the meaning of 

Section 370(1) (B) of the Companies Act, 1956. 

Public / Rights Issues 

Our Company has not made any public or rights issuances in the 

last five years except as follows: 

Previous Issue: Please refer page 315 to the Prospectus. 

Commissions and Brokerage on previous issue 

1. ` 1,237.49 lacs was incurred in the financial year ended March 

31, 2010 towards commission and brokerage in connection with 

the public issue of 9,999,996 secured non convertible debentures 

of face value ` 1,000.00 each pursuant to the prospectus dated 

July 16, 2009; 

2. ` 532.77 lacs was incurred in the financial year ended March 

31, 2011 towards commission and brokerage in connection 

with the public issue of 4,168,968 secured non convertible 

debentures and 8,31,031 unsecured non convertible debentures 


May 6, 2010; and 

3. ` 1,335.24 lacs were incurred in the financial year ended March 




June 16, 2011. 

4. ` 739. 65 lacs was incurred in the financial year ended March 




June 16, 2012. 

Stock Market Data: Please refer to page 316 of the Prosepctus 

Revaluation of assets: The Company has not revalued its assets 

in the last five years. 

Mechanism for redressal of investor grievances: The Registrar 

Agreement dated June 24, 2013 between the Registrar to the 

Issue and our Company will provide for retention of records 

with the Registrar to the Issue for a period of at least three years 

from the last date of despatch of the Allotment Advice, demat 

credit and refund orders to enable the investors to approach the 

Registrar to the Issue for redressal of their grievances. 

All grievances relating to the Issue may be addressed to the 

Registrar to the Issue, giving full details such as name, address 

of the Applicant, number of NCDs applied for, amount paid on 

application and the bank branch or collection centre where the 

application was submitted. The contact details of Registrar to 

the Issue are as follows: 

Integrated Enterprises (India) Limited 

2nd Floor, Kences Towers, 

No1, Ramakrishna Street, 

North Usman Road, T. Nagar, 

Chennai - 600 017 

Tel: + 91 44 2814 0801, +91 44 2814 0802, +91 44 2814 0803 

Fax: +91 44 2814 2479 

Email: stfcipo@integratedindia.in 

Investor Grievance Email: sureshbabu@integratedindia.in 

Website: www.integratedindia.in 

Contact Person: Ms. Anusha N and Mr. Sriram S 

Compliance Officer: Mr. Suresh Babu. K 

SEBI Registration No.: INR000000544 

We estimate that the average time required by us or the Registrar 

to the Issue for the redressal of routine investor grievances 

will be 7 (seven) business days from the date of receipt of the 

complaint. In case of non-routine complaints and complaints 

where external agencies are involved, we will seek to redress 

these complaints as expeditiously as possible. 

Mr. Vivek M. Achwal has been appointed as the Compliance 

Officer of our Company for this issue. 

The contact details of Compliance Officer of our Company are 

as follows: 

Mr. Vivek M. Achwal, 

Wockhardt Towers, Level-3 

West Wing, C–2, G Block, Bandra – Kurla Complex 

Bandra (East) 

Mumbai – 400 051 

Tel. No. +91 22 4095 9595 

Fax No.: +91 22 4095 9596/97 

Email: stfcncd5comp@stfc.in 

Change in Auditors of our Company during the last three 

years: There has been no change(s) in the Joint Statutory 

Auditors of our Company in the last 3 (three) financial years 

preceding the date of the Prospectus. 

RISK FACTORS 

An investment in NCDs involves a certain degree of risk. 

Prospective investors should carefully consider the risks 

and uncertainties described below, in addition to the other 

information contained in the Prospectus before making any 

investment decision relating to the NCDs. The risk factors set 

forth below do not purport to be complete or comprehensive in 

terms of all the risk factors that may arise in connection with 

our business or any decision to purchase, own or dispose of the 

NCDs. If any of the following risks or other risks that are not 

currently known or are now deemed immaterial, actually occur, 

our business, financial condition and result of operation could 

suffer, the trading price of the NCDs could decline and you 

may lose your all or part of your interest and / or redemption 

amounts. Unless otherwise stated in the relevant risk factors 

set forth below, we are not in a position to specify or quantify 

the financial or other implications of any of the risks mentioned 

herein. The ordering of the risk factors is intended to facilitate 

ease of reading and reference and does not in any manner 

indicate the importance of one risk factor over another. 

The Prospectus contains forward looking statements that 

involve risk and uncertainties. Our Company’s actual results 

could differ materially from those anticipated in these forward 

looking statements as a result of several factors, including the 



considerations described below and elsewhere in the Prospectus. 

Unless the context otherwise requires, the financial information 

used in this section is derived from and should be read in 

conjunction with the Reformatted Unconsolidated Summary 

Financial Statements and the Reformatted Consolidated 

Summary Financial Statements of our Company. 

Investors are advised to read the following risk factors carefully 

before making an investment in the NCDs offered in this Issue. 

You must rely on your own examination of our Company and 

this Issue, including the risks and uncertainties involved. 

INTERNAL RISK FACTORS 

Risks relating to our Company and its Business 

1. Our financial performance is highly sensitive to interest rate 

volatility. 

2. Our business requires raising substantial capital by the way 

of borrowing, and any disruption in funding sources would 

have a material adverse effect on our liquidity, financial 

condition and/or cash flows. 

3. If we are unable to manage the level of NPAs in our loan 

assets, our financial position, results of operations and cash 

flows may suffer. 

4. Our business is focused on commercial vehicle finance 

for new and pre-owned commercial vehicles and any adverse 

developments in this sector would adversely affect our results 

of operations. 

5. High levels of customer defaults could adversely affect our 

business, financial condition, results of operations and/or 

cash flows. 

6. We may not be able to recover, on a timely basis or at all, 

the full value of collateral or amounts which are sufficient to 

cover the outstanding amounts due under defaulted loans. 

7. The Company is involved in certain legal proceedings for 

alleged contravention of certain State legislations in India 

relating to “money lending” activities. Any unfavourable 

outcome in such proceedings and the imposition of any 

additional restrictive statutory and/or regulatory requirements 

may adversely affect our goodwill, business prospects and 

results of operations. 

8. A large part of our collections are in cash and consequently 

we face the risk of misappropriation or fraud by our employees. 

9. Our significant indebtedness and the conditions and 

restrictions imposed by our financing arrangements could 

restrict our ability to conduct our business and operations in 

the manner we desire. 

10. We have in the past acquired, and may continue to acquire 

in the future, portfolios relating to various credit and financing 

facilities from banks and other institutions on a non-recourse 

basis. If the performance of such portfolios deteriorates, our 

business, financial condition, results of operations and/or 

cash flows may be adversely affected 

11. We face increasing competition in our business which 

may result in declining margins if we are unable to compete 

effectively. 

12. We may not be able to successfully sustain our growth 

strategy. 

13. We may not be able to successfully diversify our product 

portfolio. 

14. Our loan portfolio may no longer continue to be classified 

as priority sector advances by the RBI. 

15. We may experience difficulties in expanding our business 

into new regions and markets in India. 

16. Any downgrade of our credit ratings would increase 

borrowing costs and constrain our access to capital and 

lending markets and, as a result, would negatively affect our 

net interest margin and our business. 

17. If we are unable to successfully expand, maintain or 

leverage our partnership arrangements with private financiers 

involved in commercial vehicle financing, our business 

prospects, results of operations, financial conditions and/or 

cash flows may be adversely affected. 

18. A decline in our capital adequacy ratio could restrict our 

future business growth. 

19. As part of our business strategy we assign or securitize 

a substantial portion of our loan assets to banks and 

other institutions. Any deterioration in the performance of any 

pool of receivables assigned or securitized to banks and other 

institutions may adversely impact our financial performance 

and/or cash flows. 

20. System failures or inadequacy and security breaches in 

computer systems may adversely affect our business. 

21. We may not be able to maintain our current levels of 

profitability due to increased costs or reduced spreads. 

22. We face asset-liability mismatches which could affect our 

liquidity and consequently may adversely affect our operations, 

profitability and/or cash flows. 

23. The trade mark/service mark and logo in connection 

with the “Shriram” brand which we use is licensed to us 

and consequently, any termination or non-renewal of such 

license may adversely affect our goodwill, operations and 

profitability. Further, our current logo which we are using 

for our corporate publicity campaigns and as included in the 

Prospectus is not registered. Our inability to register such logo 

and/or to adequately protect the same may adversely affect our 

goodwill, operations and profitability. 

24. We have certain contingent liabilities which may adversely 

affect our financial condition. 

25. We are involved in various legal and other proceedings 

that if determined against us could have a material adverse 

effect on our financial condition and results of operations. 

26. Inaccurate appraisal of credit may adversely impact our 

business. 

27. We may have to comply with strict regulations and 

guidelines issued by regulatory authorities in India. 

28. Our ability to assess, monitor and manage risks inherent 

in our business differs from the standards of some of our 

counterparts in India and in some developed countries. 

29. Our Promoter beneficially owns more than 25% of our 

equity share capital and accordingly has the ability to exercise 

significant influence over the outcome of matters submitted to 

shareholders for approval, and their interests may differ from 

those of other holders of Equity Shares. 

30. We have entered into certain related party transactions. 

31. Any failure by us to identify, manage, complete and 

integrate acquisitions, divestitures and other significant 


41


transactions successfully could adversely affect our results of 

operations, business prospects and/or cash flows. 

32. The BSE has, in the past, suspended the trading of our 

Equity Shares on grounds of alleged non compliance with 

listing agreement requirements. Our failure to comply with 

the provisions of the listing agreements executed between our 

Company and the stock exchanges where our securities are 

listed, in a timely manner or at all, may expose us to regulatory 

proceedings and/or penal action. 

33. Our success depends in large part upon our management 

team and key personnel and our ability to attract, train and 

retain such persons. 

34. We are exposed to fluctuations in the market values of our 

investment and other asset portfolio. 

35. Our results of operations could be adversely affected by 

any disputes with our employees. 

36. Our inability to obtain, renew or maintain our statutory 

and regulatory permits and approvals required to operate our 

business may have a material adverse effect on our business. 

37. We are subject to supervision and regulation by the RBI 

as a deposit-taking NBFC, and changes in RBI’s regulations 

governing us could adversely affect our business. 

38. Any changes in the statutory and/or regulatory 

requirements in connection with taxation could adversely 

affect our operations, profitability and cash flows. 

39. Our insurance coverage may not adequately protect us 

against losses. 

40. We may not be able to successfully implement our new 

business strategies, or such new strategies may not achieve 

desired results. 

41. We have regional concentration in southern India and 

western India, and therefore are dependent on the general 

economic conditions and activities in these areas. 

42. New product/services offered by us may not be successful. 

43. We may not be able to detect money-laundering and other 

illegal or improper activities fully or on a timely basis, which 

could expose us to additional liability and harm our business 

or reputation. 

44. Our risk management policies and procedures may not 

adequately address unidentified or unanticipated risks. 

Risks Relating to the Utilization of Issue Proceeds 

45. The fund requirement and deployment mentioned in the 

Objects of the Issue have not been appraised by any bank or 

financial institution. 

Risks Relating to the NCDs 

46. Changes in interest rates may affect the price of our NCDs. 

47. You may not be able to recover, on a timely basis or at all, 

the full value of the outstanding amounts and/or the interest 

accrued thereon in connection with the NCDs. 

48. Payments to be made on the NCDs will be subordinated to 

certain tax and other liabilities preferred by law. 

49. Failure to comply with the requirements in connection 

with creation of adequate Debenture Redemption Reserve, 

(“DRR”), for the NCDs issued pursuant to the Prospectus and/ 

or be able to deposit or invest the required proportion of the 

value of the NCDs maturing every year until all NCDs issued 

and allotted pursuant to the Issue mature or are redeemed 

otherwise. 

50. Any downgrading in credit rating of our NCDs may affect 

the value of NCDs and thus our ability to raise further debts. 

51. There is no active market for the NCDs on the capital 

markets segment of the Stock Exchanges. As a result the 

liquidity and market prices of the NCDs may fail to develop 

and may accordingly be adversely affected. 

52. There may be a delay in making refunds to Applicants. 

B. EXTERNAL RISK FACTORS 

1. Our business is primarily dependent on the automobile and 

transportation industry in India. 

2. Increase in competition from our peer group in the CV 

finance sector may result in reduction of our market share, 

which in turn may adversely affect our profitability. 

3. Our growth depends on the sustained growth of the Indian 

economy. An economic slowdown in India and abroad could 

have a direct impact on our operations and profitability. 

4. Political instability or changes in the government could 

delay further liberalization of the Indian economy and 

adversely affect economic conditions in India generally, which 

could impact our business. 

5. Civil unrest, terrorist attacks and war would affect our 

business. 

6. Our business may be adversely impacted by natural 

calamities or unfavourable climatic changes. 

7. Any downgrading of India’s sovereign rating by an 

international rating agency (ies) may affect our business and 

our liquidity to a great extent. 

8. Global economic instability or slowdown is likely to adversely 

affect our business and our results of operations. 

9. Companies operating in India are subject to a variety of 

central and state government taxes and surcharges. 

10. Trade deficits could adversely affect our business. 

11. Financial difficulty and other problems in certain financial 

institutions in India could adversely affect our business. 

12. A decline in India’s foreign exchange reserves may affect 

liquidity and interest rates in the Indian economy, which could 

adversely impact us. 

PROMINENT NOTES 

1. This is a public issue of NCDs by our Company aggregating 

upto ` 37,500 lacs with an option to retain over-subscription upto 

` 37,500 lacs for issuance of additional NCDs aggregating to a 

total of upto ` 75,000 lacs. 

2. For details on the interest of our Company’s Directors, please 

refer to the sections titled “Our Management” and “Capital 

Structure” beginning on pages 163 and 173 of the Prospectus, 

respectively. 

3. Our Company has entered into certain related party 

transactions, within the meaning of AS 18 as notified by the 

Companies (Accounting Standards) Rules, 2006, as disclosed 

in the section titled “Financial Information” beginning on page 

185 of the Prospectus. 

4. Any clarification or information relating to the Issue shall be 

made available by the Lead Managers, the Co-Lead Managers 



and our Company to the investors at large and no selective 

or additional information would be available for a section of 

investors in any manner whatsoever. 

5. Investors may contact the Registrar to the Issue, Compliance 

Officer, the Lead Managers and the Co-Lead Managers for any 

complaints pertaining to the Issue. In case of any specific queries 

on allotment/refund, Investor may contact Registrar to the Issue. 

6. In the event of oversubscription to the Issue, allocation of 

NCDs will be as per the “Basis of Allotment” set out on page 

302 of the Prospectus. 

7. Our Equity Shares are listed on the NSE and BSE. 

8. Our Company has received a Letter dated December 22, 

2011 from the Madras Stock Exchange Limited, approving the 

delisting of the equity shares of our Company. 

9. Pursuant to the SHMPL Scheme of Merger sanctioned under 

Section 391 to 394 read with Section 100 to 104 of the Act, 

between our Company and SHMPL, as approved by the Hon’ble 

High Court of Madras vide the Merger Order, the business 

and undertaking of SHMPL, our erstwhile promoter, was 

merged into our Company with a view of, inter alia, reducing 

shareholding tiers, optimizing administrative costs and enabling 

the shareholders of SHMPL to hold equity shares directly in our 

Company. The appointed date under the SHMPL Scheme of 

Merger was April 1, 2012, and the SHMPL Scheme of Merger 

became effective from November 5, 2012 when a certified true 

copy of the order of the High Court of Madras approving the 

SHMPL Scheme of Merger was filed with the ROC by SHMPL 

and our Company, (“SHMPL Effective Date”). On the SHMPL 

Effective Date, SHMPL was merged into our Company without 

winding up of SHMPL under Section 394 of the Act. Pursuant 

to the SHMPL Scheme of Merger, 9,38,72,380 equity shares 

of the face value of ` 10 each fully paid up of our Company, 

were issued and allotted, to the members of SHMPL whose 

names were recorded in the register of members of SHMPL on 

November 5, 2012 in connection with the SHMPL Scheme of 

Merger, in the ratio of 313:124 i.e. 313 equity shares of the face 

value of ` 10 each fully paid up of our Company were issued 

for every 124 equity shares of the face value of ` 10 each fully 

paid up of SHMPL, held by the respective members thereof. 

Accordingly, 9,33,71,512 (Nine crores thirty three lacs seventy 

one thousand five hundred and twelve only) equity shares of 

the face value of ` 10 each of our Company, earlier held by 

SHMPL stood cancelled pursuant to the SHMPL Scheme of 

Merger coming into effect. For further details, please refer to 

“Our Promoter - Scheme of Arrangement between our Company 

and SHMPL” on page 176 of the Prospectus. 

10. The non convertible debentures issued pursuant to the four 

previous public issues in the years 2009, 2010 2011 and 2012 

vide the prospectus dated July 16, 2009, the prospectus dated 

May 06, 2010, the prospectus dated June 16, 2011, and the 

prospectus dated July 16, 2012 respectively, are listed on NSE 

and BSE. 

11. Some of our privately placed non convertible debentures and 

other debt instruments are listed on BSE and some in NSE. 

12. As of March 31, 2013, we had certain contingent liabilities 

not provided for, which includes contingent liability in respect 

of disputed income tax/interest tax demand contested in appeals 

not provided for ` 46,689.12 lacs on an unconsolidated basis, 

MVAT demand where the Company has filed appeal before 

Tribunal for ` 1,843.09 lacs, Guarantees given for subsidiaries 

for ` 500.00 lacs and guarantees and counter guarantees given 

of ` 226,750.85 lacs on an unconsolidated basis. 

13. For further information relating to certain significant legal 

proceedings that we are involved in, see “Pending Proceedings 

and Statutory Defaults” beginning on page 309 of the Prospectus. 

FOR DETAILS ON RISK FACTORS: PLEASE REFER 

PAGE NUMBER 17 OF THE PROSPECTUS. 

MATERIAL CONTRACTS AND DOCUMENTS FOR 

INSPECTION 

The following contracts which are or may be deemed material 

have been entered or are to be entered into by the Company. 

These contracts and also the documents for inspection referred 

to hereunder, may be inspected at the Registered Office of the 

Company situated at Mookambika Complex, 3 rd Floor, No. 4, 

Lady Desika Road, Mylapore, Chennai, Tamil Nadu – 600004 

from 10.00 A.M. to 5.00 P.M. on any business days from the 

date of the Prospectus until the date of closure of the Issue. 

Declaration 

We, the Directors of the Shriram Transport Finance Company 

Limited, certify that all the relevant provisions of the Companies 

Act, 1956 and the guidelines issued by the Government of 

India or the guidelines issued by the Securities and Exchange 

Board of India established under Section 3 of the Securities and 

Exchange Board of India Act, 1992, as the case may be, have 

been complied with and no statement made in the Prospectus 

is contrary to the provisions of the Companies Act, 1956, the 

Securities and Exchange Board of India Act, 1992 or the rules 

made or guidelines issued thereunder, as the case may be. 

Yours faithfully 

On behalf of the Board of Directors of 


MR. ARUN DUGGAL 

MR. UMESH GOVIND REVANKAR 

MR. RAMACHANDRAN SRIDHAR 

MR. MAYASHANKER VERMA 

MR. SUMATI PRASAD MISHRILAL BAFNA 

MR. PUNEET BHATIA 

MR. RANVIR DEWAN 

MR. LAKSHMINARAYANAN SUBRAMANIAN 

MRS. KISHORI UDESHI 

MR. AMITABH CHAUDHRY 

Place: MUMBAI 

Date: July 5, 2013 

FOR FURTHER DETAILS PLEASE REFER TO THE 

PROSPECTUS 


43

IN THE NATURE OF FORM 2A-MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS 

CENTERS FOR AVAILABILITY AND ACCEPTANCE OF APPLICATION FORMS 

In case of Applicant applying through ASBA Process in any Specified Cities i.e. 12 cities, namely, Mumbai, Chennai, Kolkata, Delhi, Ahmedabad, Rajkot, Jaipur, Bangalore, Hyderabad, Pune, Baroda and Surat, the ASBA 

Applicant can also submit their Application Form with the Members of Syndicate, at the addresses provided below, for uploading of the Application. The respective Member of Syndicate after uploading of the Application 

shall forward the Application Form to the Specified Branches of SCSBs for blocking of funds. At all other places (except Specified Cities, as above),the ASBA Application Forms should be submitted with the Designated 

Branch of SCSBs only and non ASBA Applications should be submitted to the Members of Syndicate/ Trading Members as specified below: 

JM FINANCIAL SERVICES LIMITED 

LEAD MANAGERS TO THE ISSUE / LEAD BROKERS TO THE ISSUE 

AHMEDABAD : Mr Bhavesh Shah/Mr.Girish Shah, JM Financial Services Ltd, G-10 Chinubhai Centre, Gr. Flr,Nehru Bridge Corner,Ashram Road, Ahmedabad-380 009.Ph:079-2657 6666–70. BANGALORE : Mr Yeriswamy Reddy/Mr Prashant Upadhyay, JM Financial Services Ltd, 97/4 Residency Rd, 

Bangalore-560 025.Ph:-080- 30912400/2299 8264/65/66/67. CHENNAI : Mr B Kalaiselvan/Ms. T V Sumithra, JM Financial Services Ltd, Gee Gee Crystal-5th Floor,91-92. Dr.Radhakrishnan Salai,Mylapore, Chennai-600 004. Ph:044-4225 5666. HYDERABAD : Mr Ganpathy Murthy/Chandrasekhar, JM Financial 

Services Ltd, 9-10 Uma Chambers,3rd Floor, Banjara Hills, Hyderabad-500 034. Ph:040- 6636 0009/10/12/46. Mr Mallesh/Mr Pravin Chary, JM Financial Services Ltd, 3rd Floor, 305 Jade Arcade, Opp Paradise Hotel, M G Road, Secundrabad- 500 003. Ph:(040) 3982 5200. INDORE : Mr. Manish Upadhyay/ 

Aarti, JM Financial Services Ltd, UG-7 & 8, Ground Floor, D M Tower, ,21/1, Race Course Road,Indore-452 004. Ph:0731-3072111/4262111. JAIPUR : Mr Navneet Sharma, JM Financial Services Ltd, G-7 & G-8,Brij Anukamba,Plot No.K-13, Ashoka Marg,C-Scheme,Jaipur -302 001. Ph:0141-3984400. 

KOLKATA : Mr. Bhaskar Chaterjee, JM Financial Services Ltd, Kankaria Estate, 8th Flr,6th Little Russell Street,Kolkata-700 071. Ph: 033-3987 0330. MUMBAI : Mr Kaushik Datta/R Mukundan/Kedar Pimputkar/Ms Armin Irani, JM Financial Services Ltd, 2,3,4 Kamanwala Chambers,P M Road, Fort,Mumbai- 

400 001. Ph:022-2266 5577-80, 6633 3030/3021 3500.Mr Ashit Vora/Atul Shukla, JM Financial Services Ltd, 1st Floor, Patel House, Next to Bank of Baroda,M G Road, Vileparle (E), Mumbai-400 057. Ph:022-2613 5202-41-67077440-43. Ms Jyotsna Solanki/Mr C V George, JM Financial Services Ltd, 1st 

Floor, New Pushpanjali II, Jambli Galli, (Factory Lane), Opp Chintamani Jewellers, Borivali (West), Mumbai-400 092.Ph:022- 6695 9120-23/3021 5400. Mr Amol Jadhav, JM Financial Services Ltd, Palm Court, M- Wing, 4th Floor, Goregaon Link Road,Malad West, Mumbai-400 064. Ph:022-30877000/67617000. 

Mr. Tilak Sanil,, JM Financial Services Ltd, 424/425 Kalidas Plaza, V B Lane,Ghatkopar East, Mumbai-400 075.Ph:022-6710 4738/3097 8700. Mr. Nilesh Gavle, JM Financial Services Ltd, Ground Floor, Anushka, New Link Rd,Andheri (West), Mumbai, 400 053 Ph:022- 66191600/612 NEW DELHI : Mr 

Prasad Nair/Mr C S Tiwari, JM Financial Services Ltd, 5 G&H, 5th Floor, Hansalaya Building, 15, Barakhamba Road, New Delhi -110 001. Ph: (011) 4263 5699. PUNE: Mr Anand Shirke/Mr Sanjay Yelwande, JM Financial Services Ltd, 205 Business Guild ,Opp. Krishna Dining Hall,Law College Road, 

Erandawane, Pune-411 004. Ph:020-3987 1601/00/66033720. RAJKOT : Mr Sona Verghese, JM Financial Services Ltd, 202 Solitaire, 2nd Floor, Swami Vivekanand Marg, Near Municipal Commissioner Bunglow, Ramkrishna Nagar, Rajkot -360 007. Ph:0281-3984101/3984000. SURAT : Mr. Dipen Shah / 

Mr Nishant Trivedi, JM Financial Services Ltd, 407, 4th Floor, 21 Century Business Centre, Near Udhna Char Rasta, Ring Road, Surat-395 002. Ph:0261-3984000. VADODARA : Mr. Ghanshyam Vyas/Mr Rashmin Jadhav, JM Financial Services Ltd, G1Ground Floor, Shohan, 49 Alkapuri Society, Opp. HDFC 

Bank, Alkapuri, Vadodara-390 007. Ph:0265-3984 300. VISHAKHAPATNAM: Mr Satish, JM Financial Services Ltd, Door No 9-1-224/4/3, 1st Floor, Nandan Nirman, CBM Compound, Near Rama Talkies Junction, Visakhapatnam -530 003. Ph: (0891) 3983 800. WARANGAL : Ravinder Jamboju, Soma 

Financial Services,Drno16-10-1349, Near Pallavi Hospital, Shiva Nagar, Warangal, Andhra Pradesh 506002.mobile No : 9885644211. 

AK STOCKMART PRIVATE LIMITED 

AGRA: A K Stockmart Pvt Ltd, C/o Ikita Gupta 9, Sbi Colony,1st Floor,Opp Subhash Park,Mg Road,Agra,Uttar Pradesh-282002. Tel: 7351925461. AHMADNAGAR: Religare Sec Ltd, Shop No. 5 , 6 , 7 & 8 Himalaya Towers,Ahmadnagar Savedi Road-414001, Tel: +919371977618. AHMEDABAD: A 

K Stockmart Pvt Ltd, 101/102, Kalvanna New Centre Point, Panchvati Circle,Ahmedabad 380 009, Tel: 079 32910590 .Asset Alliance Sec Pvt Ltd, Latin Manharlala Sec Pvt Ltd Neel Kamal Complex 2nd Floor, Opp Sales India Ashram Road Near Income Tax Cirle-380052, Tel: 9227630300; Bonanza Portfolio 

Ltd, 401, Shital Varsha Arcade; Nr. Girish Cold Drink, Cross Road; C G Road-380009, Tel: 9374986373; Motilal Oswal Sec Ltd, Bearing No. G-6/7/8/9 & 10 Citypride Complex Near Nalanda Hotel Mithakali Circle Navrangpura 380009, Tel: 30078120, 8121; Reliance Sec Ltd, Office No 101/B Shivalik- 

2 1st Floor, Above Icici Bank 132 Ring Road, Satellite-380015,Tel: 30483453; Religare Sec Ltd, 201,202,203,2nd Floor,Dev Complex, Opp Parimal Garden, C.G. Road-380006, Tel: +919998344466; AHMEDNAGAR: Prabhudas Lilladher Pvt Ltd, C/o Amit Investment 2155 , Tapkir Galli, Ahmednagar-414001, 

Tel: 095241-2345049. AJMER: Religare Sec Ltd, 415/11, Opp Gujrati School, Kutchery Road-305001, Tel: +919352142892. ALIGARH: Religare Sec Ltd, Block A, 1st Floor, Centre Point Market, Samad Road-202001, Tel: +919927090905. ALLAHABAD: A K Stockmart Pvt Ltd, C/o Padmavati Financial 

Services Bldg -28, Hastings Road, Allahabad Uttar Pradesh 211001. Tel: 9335143387. ALWAR: Sharekhan Ltd, 2/539, Aravali Vihar, Kala Kua Housing Board-301001, Tel: 0144-2360880/3290307). AMRAVATI: Religare Sec Ltd, Amar Plaza, Street No.56/A, Infront Of Venkatesh Balaji Temple Jaistambh 

Square-444601, Tel: +919561096216. AMRITSAR: Religare Sec Ltd, Sco-44, 1st Floor, Nagpal Towers-II, Distrcit Shopping Centre,Near Hotel M.K., Ranjit Avenue-143001, Tel: +919779586664; : ANANTPUR: Religare Sec Ltd, 01st Floor, Lakshmi Arcade, Subhash Road-515001, Tel:+919393760320. 

ASANSOL: Religare Sec Ltd, 1st Floor, Sumitra Complex, Opp.Syndicate Bank, G.C.Mitra Road, Hutton Road-713301, AURANGABAD: A K Stockmart Pvt Ltd, C/O Abhijit C. Bhaiwal Shop No B-2, Udyog Drushti Apartment, Golwalkar Guruji Marg,Ulka Nagari, Aurangabad: 431005. Tel:.09689915013. 

BARODA: A K Stockmart Pvt Ltd, 216,402-Glaxy Complex, Near Pizza Inn, Jetalpur Road, Baroda 39007. Belgaum: Religare Sec Ltd, 1st Floor, Khimji Building, B.R.Ambedkar Road, Above Hdfc Bank-590001, BENGALURU: A K Stockmart Pvt Ltd, 709/710 5th Floor, Bridge Tower, No-135, Bridge 

Road, Bagalore-560025,080 41117119/22223404. Bettiah: Sharekhan Ltd, Near Hotel Bharat Jalpan, Lal Bazar-560011, Tel:06254-241512/522. BETUL: Sharekhan Ltd, “ Housing Board Colony “, Gurudwara Road, Ganj-845438, Tel: 07141-233233/234533/329415. Bhagalpur: Religare Sec Ltd, 2nd Floor, 

Angar Complex, Patal Babu Road -812001, BHARUCH: Prabhudas Lilladher Pvt Ltd, 1st Floor, Blue Chip Complex, Sevashram Road, Panch Batti-392001, Tel: 02642-242115; Bhavnagar: A K Stockmart Pvt Ltd, C/o Siddharth Udaybhai Sarvaiya B/11-12, Radheshyam Complex, Below Idbi Bank, Waghawadi 

Road, Bhavnagar: 364002. Tel: 094262 37374. BHILAI: Prabhudas Lilladher Pvt Ltd, C/O Srg Investment, 190 Zonal Market, Sector-10-490006, Tel: 0788-2356711; BHILWARA: A K Stockmart Pvt Ltd, C/o Anil Kumar Ladha 1-N-58,R.C.Vyas Colony,Near Water Tanki, Bhilwara 311001 Rajasthan. Tel: 

9829244797. BHOPAL: Kalpataru Multiplier Ltd, E-3/103 Arera Colony, Near Cindrella School,10 No. Stop-462042, Tel: 4276724-725-728,09826430536; Bhubaneswar: A K Stockmart Pvt Ltd, C/O Pr Financial Consultants Pvt Ltd 18, Bapuji Nagar, Bhubanswar-751009, Odisha. BIKANER: Religare 

Sec Ltd, First Floor, Ganpati Plaza, Kem Road-334001, BILASPUR: Religare Sec Ltd, Room No:502, V.R.Plaza Near Srikant Verma Marg Link Road-495001, Tel: +919993094986. BURDWAN: Religare Sec Ltd, 401, 1st Floor, G.T.Road, Birhata, Kalitala-713101, Tel: +919903800061. CALICUT: IFCI 

Financial Services Ltd, Faremont Building First Floor,Wayanadu Rd, Eranhipalam Po,Calicut-673006.. Tel: 0495-4022005 /0495-3211770; CHANDIGARH: Master Capital Services Ltd, S.C.O.22-23 2nd Floor Sector 9 D-160009, Tel: 9814610637; Religare Sec Ltd, Sco-56-58, 2nd Floor, Sector 9 D-160017, 

Tel: +919878824115. CHENNAI: A K Stockmart Pvt Ltd, 17a, 1st Floor, Wellington Estate, Ethiraj Salai, Egmore, Chennai-600006tel: 04442147213. Bonanza Portfolio Ltd, S K L S Complex, 1st Floor No.164/21,G N T Road, Red Hills-600052, Tel: 044-26320877; Centrum Wealth Management Ltd, 

Ganesh Enclave 39 Gopalapuram 1st Street-600086, Tel: 9884480228, 044-42229681,83; IFCI Financial Services Ltd, Continental Chambers, 3rd Floor, 142, Mahatma Gandhi Oad,Nungambakkam, Chennai 600 034.. Tel: 044-28306600; Nirmal Bang Sec Private Ltd, New No.51, C P Ramasamy Road,C 

P Manor Building Alwarpet-600018, Tel: 044-42912650 /09940109035; Prabhudas Lilladher Pvt Ltd, No. 158, 1st Floor, Willington Estate 24, Ethiraj Salai-600105, Tel: 044 –42660486/88; Reliance Sec Ltd, Reliance House, Ground Floor, No. 6 Haddows Road, Opp. Shashtri Bhanan Nungam Bakkam- 

600006, Tel: 30254749; Religare Sec Ltd, W-101, 1st Floor, Second Avenue, Anna Nagar -600040, Tel: 8939802543; Sharekhan Ltd, G-2, Salzburg Square, 107-Harrington Road, Chetpet-600031, Tel: 044-28362800/2900/28363160; Way 2 Wealth Brokers Pvt Ltd, Wing E, 2nd Floor, Rnj Enclave, No.11, 

Mahalingapuram Main Road, Nungam Bakkam-600034, Tel: 044-42201512; COIMBATORE: A K Stockmart Pvt Ltd, C/O Vssl Stock Broking Private Limited S.Lakshmanasamy 85-C, L.G.Arcade, Sengupta Street, Ramnagar,Coimbatore-641 009. Tel: 9843144212. CUTTACK: A K Stockmart Pvt Ltd, C/ 

O Biswa Prasad Das 2nd Floor,Kb Complex,Station Road,Near Hp Petrol Pump,College Square,Cuttack,Odisha-753003. Tel: 0671-2549715/2548715 ,9338089590,6991247; A K Stockmart Pvt Ltd, Kaibalya ,1st Floor, Link Road, Above Ing Vyasa Bank, Cuttck, Orissa, 753012. DEHRADUN: A K Stockmart 

Pvt Ltd, C/O Sterling Portfolio & Leasing Rajendra Singh Bisht 202, Neelkanth Complex, 43, Rajpur Road, Dehradun-248001 Uttaranchal. Tel: 09837003530. DELHI: IDBI Capital Market Services Ltd, Office No. 216-217-218, Second Floor, Vardhman Tower, Preet Vihar, -110092, Tel: 011-3247 2133/ 

3247 3307/2245 7808/9711402125; Prabhudas Lilladher Pvt Ltd, C/O. Meenakshi Fin. Ser. 104, 1st Floor, Aggarwal Chambers, Near Sainik Vihar, Opp. Venus Apartment, Pitampura-110034, Tel: 011 47002151 /52 /54. Dhanbad: A K Stockmart Pvt Ltd, C/O Poonam Agarwal Poonam Agarwal Poonam 

Agarwal Narayani Sec,307,Sai Ram 09864014385 Laza, Bank More, Dhanbad 826001. DURGAPUR: Prabhudas Lilladher Pvt Ltd, 2nd Floor, Hdfc Building, Kwality Hotel Complex, Bhiringi, Durgapur, Dist-Bhurdwan -713213, Tel: 0343-2588242/09332337194; ERODE: A K Stockmart Pvt Ltd, C/O Had 

Best Financial Service K Ezhilarasu 139,Nsa Nagar, 1st Floor Sankar Nilayam, Near Club Melange, Perundurai Road,Erode-638011. Tel: 9865267766. FARIDABAD: Religare Sec Ltd, Sco-6, Iind Floor Sector-16, Main Market, Faridabad-121007, GANDHIDHAM : A K Stockmart Pvt Ltd, C/O M/S. Global 

Investment Chintan Chheda D B Z.-South-170, Gandhidham-Kachchh,Pin. : 370201. GANGANAGAR: Religare Sec Ltd, Shop No. 15 & 16, New Dhan Mandi Road, Near Gate No. 2, Sri Ganga Nagar-335001, Tel: +918875006837. GHAZIABAD: A K Stockmart Pvt Ltd, C/O Khullar Payal Khullar R13/ 

111,Raj Nagar,Ghaziabad,Up. Tel: 09810236377. Gorakhpur: A K Stockmart Pvt Ltd, C/O Dhiraj Kumar Gupta 1st Floor,Ram Govind Complex,Opp Raj Cinema,Sumer Sagar Road, Gorakhpur, Up-273001. Tel: 09305903555,07897820804,0551-2205986. Guntur: Religare Sec Ltd, Ratna Deepika Plaza” 9/ 

1 Door No.6-9-17, 2nd Floor Arundelpet -522002, Tel: +919391278169; GURGAON: Sharekhan Ltd, Gf 10 Jmd Regent Square,Dlf Phase Ii,,Near Chakarpur Opp Sahara Mall,,Main Mehrauli Gurgaon Road-122001, Tel: 0124-4104555/6/7. GUWAHATI: A K Stockmart Pvt Ltd, C/O Amit Investment Ratanlal 

Jain 1st Floor, Room No.1,Kamakhya Umananda Bhawan,A.T. Road, Guwahati, Assam-781001. A K Stockmart Pvt Ltd, C/O Shree Salasar Capital Market Nitin Jain Brand New Day,Bhagaban Bharali Complex,Near Kotak Mahindra Bank,G S Road, Guwahati -781007. Tel: 09678008140; A K Stockmart 

Pvt Ltd, C/O Shree Salasar Capital Market Nitin Jain Saraf Bldg Annex R No 5, 3rd Floor, At Road Guwahati 781001 Assam. Tel: 9864014385; GWALIOR: Prabhudas Lilladher Pvt Ltd, C/O Sharecon. Jhawar Bldg, Sarafa Rd, Lashkar-474001, Tel: 0751-5070075;HARIDWAR: Prabhudas Lilladher 

Pvt Ltd, C/O Siddharth Fin.Consl. Shop No-14, 1st Flr, Avdhoot Mandal, Ashram Rd, Jwalapur -243407, Tel: 0751-265779/326018; HISSAR: A K Stockmart Pvt Ltd, Bld-22-24,Pushpa Complex Hissar 125005 Haryana. Tel: 9812090450. HUBLI: A K Stockmart Pvt Ltd, C/O Uttamchand Oswal Oswal 

Fund Houseu, Near Karnataka Bank, New Cotton Market, Hubli-580029. Tel: 9243281200. Hyderabad: A K Stockmart Pvt Ltd, Office No 1, 2 nd Floor, M.C.H. Premises No 6-3-249/6, Alcazar Plaza & Towers,Road No 1, Banjara Hills, Hyderabad-500034 04066759862. Asset Alliance Sec Pvt Ltd, G-1, 

Hig-56, Sindhu Enclave, KPHB Colony, Water Tank Road-500072, Tel: 040–64571496,09247883503; Centrum Wealth Management Ltd, 6-3-1111/311, Babukhan Mall, Somajiguda-500016, Tel: 7702600014; Religare Sec Ltd, #12-13-188, 3rd Floor, Above Ap State Cooperative Bank, Street No 2-500017, 

Tel: +919849135625; Sharekhan Ltd, 7-1-22/3/1-5/C, Afzia Towers, 1st Floor, Begumpet-500016, Tel: 040-66827469 70/40203544 (D); Way 2 Wealth Brokers Pvt Ltd, 6-3-571/1/5 Rock Vista 2nd Floor Rock Dale Compound Somaji Guda-500082, Tel: 040-4561239; Nirmal Bang Sec Private Ltd, H No.7- 

1-22/8-C, 1st Floor,Near Green Lands Flyover, Begumpet-500016, Tel: 040-42407049/30900913 /09849029992. INDORE: A K Stockmart Pvt Ltd, C/O Harish Agrawal 260,Gold Arcade,3/1 New Alasia, Indore, Madhya Pradesh-452001. Tel: 09826062666,09406683322,0731-4002266; IDBI Capital Market 

Services Ltd, Plot No. 11a/A, 1st Scheme No. 54, Opp. Satya Sai School, Vijay Nagar, A. B. Road,-452010, Tel: 0731-2554229/4248070/7828835587; JABALPUR: Religare Sec Ltd, 1627, Gr. Floor Shastri Bridge Chowk Napier Town -482001, Tel: +919893030857; Sharekhan Ltd, 2nd Floor, Mangalam 

Building, 103, Napier Town, Shastri Bridge Road,-482001, Tel: 0761-4007775/4017877. JAIPUR: A K Stockmart Pvt Ltd, C/o Hem Secu. Ltd 203 Jaipur Tower, M.I Rd Jaipur 302001 ,Rajasthan. Tel: 9352658239; Hem Sec Ltd, 203 Jaipur Tower M.I.Road-302001,. JALANDHAR: Religare Sec Ltd, Gobind 

Niwas, Ii Nd Floor, 36, G.T Road, Jalandhar City-144001, Tel: +919356091361. JAMMU: Religare Sec Ltd, 92 B/A, Upper Basement, Gole Market, Gandhi Nagar-180004, JAMNAGAR: A K Stockmart Pvt Ltd, C/O Alpesh N Dattani 2-A, Second Floor, Avantika Complex, Limda Lane, Jamnagar: 361001. 

Tel: 9825228010. JAMSHEDPUR: A K Stockmart Pvt Ltd, C/O Alok Kumar Agarwal Binapani Trade Centre, Sf-1, 2nd Floor, Sakchi, Jamshedpur, 831001. Tel: 09334053272; A K Stockmart Pvt Ltd C/o Vyana Advisory Pvt Ltd Abhinav Khettry 76 Chitrakoot 7th Floor 230a Ajc Bose Road 831001 9836333525 

Abhenav@Vyana.In C/O Garg Securities Pvt Ltd Garg Securities Pvt Ltd Shree Ram Agarwal 1 Gulati Complex In Front Of Milkhiram Market 831003 9431302001 KOLKATA : A K Stockmart Pvt Ltd, 1408, Om Towers, 14th Floor,32, J L Nehru Road , Kolkata-700071 033 22882644. A K Stockmart 

Pvt Ltd, 76 Chitrakoot, 7th Floor, 230a AJC Bose Road, Kolkata 700020. Tel: 0657-6540 555/7739 555500; A K Stockmart Pvt Ltd, 1, Gulati Complex, In Front Of Milkhiram Market. JODHPUR: A K Stockmart Pvt Ltd, C/O Virendra Mehta 204, Poonamcomplex, Sardarpura, 3 Rd Road Jodhpur 342003 

Rajasthan. Tel: 9414145124. KAKINADA: Religare Sec Ltd, Door No: 13-1-62, Opp: Apollo Hospital, Main Road, East Godavari District-533002, Tel: +919396647073; Sharekhan Ltd, Dno.26-1-15,16. Temple Street ,Sai Complex-533001, Tel: 0884-6564662/6455988/6564266. KANNUR: Prabhudas Lilladher 

Pvt Ltd, 1st Floor, Grand Plaza, Fort Road-670001, Tel: 0497-2464880/881; A K Stockmart Pvt Ltd, C/O Spfl Securities Limited Neeraj Jain Ground Floor, 2g Kan Chamber, 14/113, Civil Lines Kanpur Up. Tel:9335017410. KARNAL: Religare Sec Ltd, Sco-236 1st Floor,Sector -12, Part-I Urban Estate, 

Karnal-132001,Tel 9996932005. KOCHI: A K Stockmart Pvt Ltd, C/Oaccess Finserve Mr. Ramesh Civil Line Road, Opp. Padivattom Bust Stop, Edapally P.O. Kochi, Kerala-682024. Tel:04844041113,09287280473; A K Stockmart Pvt Ltd, C/O Mr. Sangeeth Kumar K S Cc27/3005,Girinagar Club 

Road,Girinagar, Kadavanthara ,Kochi-682 020. Tel: 04846406407,08943333601. KOLHAPUR: Religare Sec Ltd, C-3, First Floor, Royal Prestige, 1127, E Ward, Sykes Extension-416008, Tel: +919561081880; KOLKATA: Bonanza Portfolio Ltd, 6th Floor, 16a , Brabourne Road-700001, Tel: 9007760004; 

Eastern Financiers Ltd, 14, India Exchange Place, Allahabad Bank Building, 2nd Floor-700001, Motilal Oswal Sec Ltd, 3rd Floor Constantia Bldg 11 Dr U N Brahmachari Street 700017. Tel: 9830665717; Nirmal Bang Sec Private Ltd, Ac Market Complex,8th Floor, 1 Shakespeare Sarani,-700071, Tel: 

033-30584292/93/30584288 /9830160707; Prabhudas Lilladher Pvt Ltd, Shop No.304,306 & 308, 3rd Floor, Lords. 7/1, Lords Sinha Road-700071, Tel: 033-40200204; Religare Sec Ltd, 1, India Exchange Place Beside Kolkata Stock Exchange Ist Floor-700001, Religare Sec Ltd, Aa-50, Ground Floor, Sector- 

I, Salt Lake City-700064, Religare Sec Ltd, 400/1a, Prince Anwar Shah Road 4th Floor, Opp South City Mall-700045, Sharekhan Ltd, Kankaria Estate,1st Floor, 6-Little Russell Street,-700071, Tel: 033-22830055/22805555; Shree Bahubali International Ltd, 12 India Exchange Place Jute House 3rd Floor- 

700001, Skp Sec Ltd, Level 21, Chatterjee International Centre, 33a,J.L.Nehru Road-700070, Eureka Stock & Share Broking Services Ltd., B 5/E,Gillander House, 8,N.S.Road, -700001, KOTA: Religare Sec Ltd, D-8, 2nd Floor, Unit No 104-105 & 114-115, Sriram Complex , Opp Multipurpose School, Gumanpura- 

324007, Tel: +919799919309; KURNOOL: Religare Sec Ltd, D.N.18-56/57, 1st Floor, Pavan Complex, Nehru Road-518001, LCUKNOW: Master Capital Services Ltd, 602, 6th Floor, Ratan Square 20-A Vidhan Sabha Marg-226001, Tel: 9839994447; LUDHIANA: Nirmal Bang Sec Private Ltd, Office No.301 

& 302,Sco No.15, Scan Plaza,Feroze Gandhi Marg-141001, Tel: 0161-4020000 /9814026174; Religare Sec Ltd, S.C.O. 16-17, 4th Floor, Feroze Gandhi Market-141001, Tel: 9872499727. MADURAI: A K Stockmart Pvt Ltd, C/O Easy Investments 46/1, 1st Floor, Main Road, Kk Nagar,Madurai-625020. Tel: 

09944193339,9366696000. MANDYA: A K Stockmart Pvt Ltd, Shri Sainik Financial Solution ,Ist Floor, M Lingaiah Building,Mandya-571401, (Karnataka). Tel: -9448464388. MANGALORE: A K Stockmart Pvt Ltd, C/O Arunanjali Securities Norbert Shenoy Urwa Church School Complex, 1st Floor, Ladyhill, 

Kuloor Ferry Road Urwa, Mangalore-575006. Tel: 9686929141/9880100798; Ifci Financial Services Ltd, Janavi Plaza, No.103 First Floor, Kudmul Ranga Rao Road, Nr. Bunts Hostel Circle Karangalpady, Mangalore-575 003. Tel: 7760812009. MAZAFFARPUR: A K Stockmart Pvt Ltd C/O Mani Kanta Jain 

Mani Kanta Jain 15-D Vakil Road New Mandi Muzaffarnagar 251001 9837464013 Sachinjainj77@Gmail.Com ; Religare Sec Ltd, 01st Floor, Ankit Complex, Nr. Garib Asthan Mandir-842001, Tel: +919570095400. MEERUT: Religare Sec Ltd, 213, 214, 214-A, 2nd Floor Ganga Plaza, Begum Bridge Road- 

250002, Tel: +919927089281; MEHSANA: Religare Sec Ltd, Office No F-33, 1st Floor, Wide Angle, Nr. Khari Bridge, Ahmedabad-Mehsana Highway-384002, Tel: +919898289850. MUMBAI: A K Stockmart Pvt Ltd, 30-39, Free Press House, 4th Floor, Free Press Journal Marge, Nariman Point Mumbai 

400021, Asit C Mehta Investment Interrmediates Ltd, Nucleus House Saki Vihar Road Andheri (E) -400072, Tel: 022-28583333; Asset Alliance Sec Pvt Ltd, Latin Manharlal Sec 903 9th Floor P J Tower Bse Building Dalal Street Fort-400001, Tel: 022-66101182, 9820529866; Bonanza Portfolio Ltd, 

Delta House, J1, Cama Industrial Estate, Goregoan(E)-400063, Tel: 9820593730; Centrum Wealth Management Ltd, Centrum House 6th Level Cst Road Vidya Nagari Marg, Kalina Santacruz (E)-400098, Tel: 9821501179, 22-42159000,42159465; Dalal & Broacha Stock Broking Pvt Ltd, 21 Olympus Bldg 

2nd Floor 179/81 Perin Nariman Street Bazargate Fort-400001, Tel: 43325727; Hem Sec Ltd, 14/15 Khatau Building 1st Floor 44 Bank Street Fort-400023, IFCI Financial Services Ltd, Earnest House, 7th & 9th Floor Nariman Point-400021, Tel: 022-43335111; Mehta Equities Ltd, 612, Arun Chambers, 

Tardeo Road-400034, Motilal Oswal Sec Ltd, Motilal Oswal Tower”, 6th Floor, Junction Of Gokhale & Sayani Road Behind Parel St Depot, Prabhadevi-400025, Tel: 9167364912; Prabhudas Lilladher Pvt Ltd, Sadhana House, 3 Rd Floor, 570, P. B. Marg, Behind Mahindra Tower, Worli-400018, Tel: 022- 

66322222/91; Reliance Sec Ltd, 11th Floor R Tech It Park Western Express Highway Goregaon East-400063, Tel: 9323672199; Religare Sec Ltd, 301/302, Viraj Tower, Gundavali, Western Express Highway, Near Landmark Building, Andheri (East)-400093, Sharekhan Ltd, 10th Floor, Betabuilding,Lodha 

Ithink Techno Campus,Opp. Kanjurmarg Railwaystation,Kanjurmarg (East) -400042, Tel: 6116 9179; Way 2 Wealth Brokers Pvt Ltd, Hincon House, 24/7 Park Tower B 3rd Floor Lbs Marg Vikroli (W)-400083, Tel: 022-61462900; MUZAFFAR NAGAR: A K Stockmart Pvt Ltd, 15-D,Vakil Road,New 

Mandi,Muzaffarnagar,Uttar Pradesh-251001. Tel: 9837464013. MYSORE: A K Stockmart Pvt Ltd, C/O Moneyline Sanjag J , Office No 2, 1st Flopr, Kannada Sahithya Bhavan Road, Vijayanagar 1st Stage, Mysore 570017. Tel: 0821-4260364/9986201007/09886383744. NAGPUR: A K Stockmart Pvt Ltd, 

C/O Om Apex Investments Services Pvt. Ltd C-1,Yugdharam Complex, Central Bazar Road, Ramdas Peth, Nagpur-440010. Tel: 9822203500/09225000000. NASHIK: Prabhudas Lilladher Pvt Ltd, C/O. Investment Solutions, 3 Meghsheet, Near.Datta Mandir Nashik Road-422101, Tel: 0253-2451570; Religare 

Sec Ltd, No-5, Suyojit Sankul Complex, Sharanpur Road-422005, Sharekhan Ltd, 5 Sk Open Mall, Yeolekar Mala, Near Byk College, College Road-422005, Tel: 0253-6610975 To 989. NAVSARI: Prabhudas Lilladher Pvt Ltd, C/O Kajal Hemal Shah. Besides Jalaram Dana Chana, Above Hira Dressess, 

Library Rd, Opp Sayaji Library-396445, Tel: 02637-240129/320054. NELLORE: Religare Sec Ltd, D-No. 17-1-138, 3rd Floor, Trunk Road-524001, Tel: +919581887700. NEW DELHI: A K Stockmart Pvt Ltd 609, 6th Floor, Antriksh Bhawan, 22 Kasturba Narge, Connaught Place, New Delhi 110001 Tel 

: 01123739628. Alankit Assignments Ltd, Alankit House, 2e/21, Jhandewalaln-110055, Tel: 9811206698; Bay Sec Private Ltd, 4 Floor, Jeevan Vihar, Parliment Street-110001, Tel: 9873300726; Bonanza Portfolio Ltd, 4353/4c, Madan Mohan Street, Ansari Road, Daryaganj-110002, Tel: 9871282129; Centrum 

Wealth Management Ltd, 309, Ashoka Estate, 24, Barakhamba Road-110001, Tel: 09650698463; D B International Stock Brokers Ltd, 402, New Delhi House, 27 Barakhanba Road-110001, Tel: 9312212421; Dalal & Broacha Stock Broking Pvt Ltd, 18/17 Wea Dakha House Karol Bagh-110005, Tel: 28756444; 

Idbi Capital Market Services Ltd, C/O Idbi Bank Ltd, 51/3 2nd Floor Deshbandhu Gupta Road, Opposite Khalsa College, New Delhi -110005 . Tel: 9810355166; Master Capital Services Ltd, 801, 8th Floor Arunachal Building 19, Barakhamba Road-110001, Tel: 9312887435; Motilal Oswal Sec Ltd, 801- 

806 8th Floor Prakash Deep Building 7 Tolstoy Building Cannought Place 110001. Tel: 9810254874; Pace Stock Broking Services Pvt Ltd, A-1/291 Safdarjung Enclave -110029, Tel: 9818774181; Prabhudas Lilladher Pvt Ltd, 3rd Floor, 54/D-1, Rama Road, Kirti Nagar Industrial Area-110015, Tel: 011- 

42900500/503; Reliance Sec Ltd, 1001, Faiz Road, Above Federal Bank, Near Jhandel Wala Metro Station, Karol Bagh -110005, Tel: 30926331; Religare Sec Ltd, G-36, Marina Arcade, Cannaught Place -110001, S S Corporate Sec Ltd, Ndm-2 D Block 3rd Floor Netaji Subhash Place Pritampura -110034, 

Tel: 9811409143; Sharekhan Ltd, 39, First Floor, Samyak Tower, Near Metro Pillor No. 120, Pusa Road-110005, Tel: 011-45117000 ; Shri Parasram Holdings Pvt Ltd, Sph House C-8 Nimri Shopping Centre Bharat Nagar -110052, Tel: 9899453453; Vogue Associates Pvt Ltd, 302,Vardhman Plaza Tower 

H3, Netaji Subhas Place ,Pitampura-110003, Tel: 9971159090; Vserve Management Private Ltd, 701, Rohit House 3, Tolstoy Marg Connaught Place-110001, Tel: 9810186081; Way 2 Wealth Brokers Pvt Ltd, Dcm Building 1st Floor 16 Barakhamba Road-110001, Tel: 011-64644914; Noida: A K Stockmart 

Pvt Ltd, C/O Shipra Rai Wealth Direct,Sf-20 2nd Floor, Ansal Fortune Arcade,Sector-18, Noida,Up-201301.PANAJI: Religare Sec Ltd, Office No. 4-5, 1st Floor,Magnum Centre, Opp. Delhi Durbar Restaurant, M.G. Road-403001, Tel: +919326626888; Sharekhan Ltd, F49/F50, 1st Floor, ‘B’ Block, Alfran 

Plaza, M.G. Road,-403001, Tel: 0832-2421460. Patiala: Religare Sec Ltd, S.C.F. No. 110, Chhoti Baradri -147001, Tel: +919356237973. Patna: IDBI Capital Market Services Ltd, Patna Branch Office, 205, 2nd Floor, Grand Plaza, Fraser Road,-800001, Tel: 0612-320 0687/320 0727/9304810333; Rajiv 

44 

SHRIRAM TRANSPORT FINANCE COMPANY LIMITED


Lochan Pandey, 601 B, Ashiana Plaza,Budh Marg-800001, Tel: 0612-2213117/3251185/9334117776; Religare Sec Ltd, 101, 1st Floor, Jaiprakash Loknayak Bhawan, Dak Bungalow Crossing-800001, Tel: +919334027610; Sharekhan Ltd, Ashiana Plaza, 406b-407, Buddha Marg,-800001, Tel: 0612-2213112- 

16/2207870; PONDICHERRY: Centrum Wealth Management Ltd, Hindocha Invest & Fin. Services 335,1st Flr. Mission Street-605001, Tel: 09092078595; Religare Sec Ltd, 496, M G Road-605001, Tel: +919500005784. Pune: A K Stockmart Pvt Ltd, Office No 705, 7th Floor, Soharb Hall, 21, Sasoon 

Road, Pune 4111001 Tel : 02064002241. A K Stockmart Pvt Ltd, C/O Janak Merchant 7, M.G. Road, Wonder Landbasement , Pune-411001, Tel: 020-40068695; A K Stockmart Pvt Ltd, C/O Vilekha Pradeep B-6, Swojas Complex Parihar Chowk,Aundh, Pune:411007. Tel: 9322310470 , 020-25890824; RAIPUR: 

Prabhudas Lilladher Pvt Ltd, C/O.Khemka Investment, Gudhiyari-492009, Tel: 0771-2524281, 2523889; Religare Sec Ltd, 2nd Floor Nagdev Plaza, Opp. Hotel Satluj, Jail Road-492001, Tel: +919993094983; Sharekhan Ltd, “Ridhi House”, 27/218, New Shanti Nagar-492007, Tel: 0771-4217777, 4281172, 

4001004. RAJAHMUNDRY: Religare Sec Ltd, D.No 46-7-31, Iind Floor, Yosodhan Towers, Opp:Reliance Web World, Danavaipet-533102, Tel: +919346970333. Rajkot: Asset Alliance Sec Pvt Ltd, Krish Corner Amin Marg-360005, Tel: 9825677399,0281-2458120,21; Religare Sec Ltd, Office No 313,314,315 

& 316, 3rd Floor “Siddhi Vinayak Complex” Opp. Ramkrishna Ashram, Dr.Yagnik Road-360001, Tel: +919898039906; Sharekhan Ltd, 102/103, Hem Arcade,,Opp Vivekanand Statue,,Dr Yagnik Road,-360001, Tel: 0281-2482483-85. RANCHI: Prabhudas Lilladher Pvt Ltd, C/O Anant Investments, Unit 

202, 2nd Floor, Girdhar Plaza, Harmu Road-834001, Tel: 0651-6453395; Religare Sec Ltd, Unit No. 104 & 105, First Floor, Mahabir Tower, Main Road-834001, Tel: +919334043336; Sharekhan Ltd, Shree Gopal Complex, 4th Floor, Room No I, Court Road,-834001, Tel: 0651-2208205/2312715 . RAVIPURam: 

A K Stockmart Pvt Ltd, 39/9917, 3rd Pullath Business Centre, Urishupally Road, Ravipuram, Cochin 682015. Tel: 08089072350,09605612898. Salem: Prabhudas Lilladher Pvt Ltd, C/O. Vijaya & Co. 105 & 106 1st Flr, Light House Complex, Four Road-636009, Tel: 0427-2353588/3599; Religare Sec 

Ltd, First Floor, 116, Omalur Main Road, Opp Tvs Workshop-636007, Tel: 9940174717; Sharekhan Ltd, Sri Ganesh Tower,561,2nd Floor,,Saradha College Main Road-636007, Tel: 0427-2315790. SECUNDERABAD:Prabhudas Lilladher Pvt Ltd, A-66/67, Minerva Complex, 1st Floor-500003, Tel: 040- 

66908796; Religare Sec Ltd, 315, 3rd Floor, Bhuvana Towers, S D Road-500003, SHIMOGA: Religare Sec Ltd, No.575/562/937, & 576/563/938, Opposite Canara Bank Divisional Office, Kuvempu Road-577201, Tel: +919901996941. SILIGURI: Prabhudas Lilladher Pvt Ltd, C/O.Sri Gogaji Investments, 

1st Flr, Anand Mangal Square, S.F Rd Dist : Darjeeling -734005, Tel: 0353-2500192. SOLAPUR: Religare Sec Ltd, Shop No.:-05 , Ground Floor, City Pride Commercial Complex, ‘A’ Wing, Pankha Bawdi, Near Old Employment Chowk-413001, Tel: +919325393251. SURAT: A K Stockmart Pvt Ltd, C/ 

O Bastawala Securities 301, City Square Building, Opp. Bsnl Office, Ajramar Chowk,New Rander Road,Surat-395009. Tel: 9825409920; A K Stockmart Pvt Ltd, C/O Concept Securities Pvt. Ltd Hemant Ishverlal Desai 401, Empire State Building, Nr. Udhna Darwaja,Ring Road,Surat -395002. 

SURENDRANAGAR: A K Stockmart Pvt Ltd, C/O Damyantiben Harivallabhbhai Jani Bhramha Samaj Bhavan, Samay Karyalay Road. Surendranagar-363001 Gujarat (India), Telephone: 02752-222468, 221205, 223305, 234305 THANE: Religare Sec Ltd, Ist Floor, Office No-101 A And 101 B, Chandrama 

Co-Op. Housing Society Ltd, Ram Ganesh Gadkari Parth, Ram Maruti Cross Road, Naupada-400602, Tel: +919967660597. THANJAUUR: Religare Sec Ltd, Anandha Traders, 1st Floor, 2a1b/2a1a, No. 2886, Srinivasam Pillai Road-613001, Tel: +919940087254. TIRUCHY: A K Stockmart Pvt Ltd, No- 

69, North Andar Street, Trichirapall-620002 . Tel: 09842451975,09842492829. Tirupur: Religare Sec Ltd, No.1, 2nd Floor Binny Main Road Park Road -641601, Tel: +919176999351; Sharekhan Ltd, Pooma Complex,1st Floor,,M G Road,-680001, Tel: 0487-2446971/72/73/74. TRICHY: A K Stockmart 

Pvt Ltd C/O Stock Focus Financial Services P Ltd Subramanian Gurumurthy No-69 North Andar Street 620002 09842451975/09842492829 Religare Sec Ltd, A 11, 2nd Floor, Pl.A. Kanagu Complex 11th Cross, Thillai Nagar-620018, Sharekhan Ltd, F-1, Achyuta, 111-Bharatidasan Salai, Cantonment-620001, 

Tel: 0431-4000705 /2412810. TRIVANDRUM: Sharekhan Ltd, Laxmi Bldg.,1st Floor, T.C.No.26/430, Vanrose Road-695039, Tel: 0471-6450657. TUMKUR: Religare Sec Ltd, No.12& 13, Santrupthi Complex, Vivekananda Road-572101, Tel: 9448235139. Udaipur: Religare Sec Ltd, 405-409, Hg 1-20, 

Hajareshwar Colony, Opp. Hanuman Temple Court Road-313001, Tel: +919928014086; Sharekhan Ltd, 405, Daulat Chambers, Sardarpura-313004, Tel: 0294-2426945/6/329251. VADODARA: A K Stockmart Pvt Ltd C/O Nishil Marfatia 216 402-Glaxy Complex Near Pizza Inn Jetalpur Road 390007 9925002600 

Nishilmarfatia@Gmail.Com Prabhudas Lilladher Pvt Ltd, F-1, Vaikunth Complex, 1st Floor, 27 Anand Nagar Society, Productivtiy Road, Alkapuri-390005, Tel: 0265-2320568/5584774. VALSAD: Religare Sec Ltd, Shop No 209/210, 2nd Floor, K.B. Mall, Halar Road-396001, Tel: +919974097405. VARANASI: 

A K Stockmart Pvt Ltd, D-64/127,C-H,Arihant Complex, Nagar Nigam Road,Sigra,Varanasi ,Up-542001. Tel: 9336835110/9415000000; Gigantic Sec Ltd, Shot No (8 & 9); Laxmi Cinama Campus; Mahmoorganj -221010, Tel: 9305174568 . Vijayawada: Sharekhan Ltd, Centurian Plaza, D. No: 40-1-129, 

2nd Floor, Old Coolex Building, M.G. Road-520010, Tel: 0866-6629993/2493753/6641919. VISAKHAPATNAM: Asset Alliance Sec Pvt Ltd, Door No: 47-10-1/6, 1st Floor Bhuvaneswari Plaza Dwarkanagar-530016, Tel: 0891-6620301, 09848181109; WARANGAL: Religare Sec Ltd, H.No.: -8-5-45/1, 

Seetharama Complex, Station Road-506002. 

HDFC SECURITIES LIMITED 

MUMBAI: HDFC Securities Limited, I Think Techno Campus Building-B,”Alpha”,Office Floor 8, Opp. Crompton Greaves,Near Kanjurmarg Station Kanjurmarg(East),Mumbai 400 042 India. 

ICICI SECURITIES LIMITED 

MUMBAI: ICICI Securities Limited, Gr. Floor, H.T Parekh Marg, Back Bay Reclamation, Churchgate, MUMBAI-400020. ICICI Securities, Shree Sawan Knowledge Park, Gr. Floor, Plot No. D-507, T.T.C Industrial Area, M.I.D.C, Turbhe, Navi Mumbai-400705. 

KARVY STOCK BROKING LIMITED 

AGRA:17/2/4, 2Nd Floor, Deepak Wasan Plaza,Sanjay Place, (Behind Holiday Inn),Agra282 002,0562,2526660/61/62/63; AHMEDBAD:201-203 Shail; Opp: Madhusudhan House, Near Navrangpura Telephone Exchange Office, Off C.G. Road, Ahmedbad 380 006,079,26445235; 27, ALLAHABAD:2Nd Floor, 

Rsa Towers, Above Sony Showroom,,57, Sardar Patel Marg, Civil Lines,Allahabad211 001,0532, 2260291/92; AMBALA: 5509, Nichoson Road, Adjacent KOS Hospital Ambala Cantonement 133001 171 3200223/2640668/2640669 AMRITSAR:72-A Taylor’s Road,Opp.Aga Heritage Gandhi Ground,Amritsar143 

001,0183,5053802/3/4/5; ANAND:FF-6, Chitrangana, Opp: Motikaka Chawl,Vidyanagar Road, Anand,Anand388 120,02692,248980, 248873, 320394; AURANGABAD: Shop No.214/215 Tapadiya City Centre, Nirala Bazar Aurangabad 431001 240 2363530, BANGALORE:no 54 “Yadalamma Heritage” ,Ground 

Floor Vanivilas Road, Next To Butter Sponge, Basavangudi,Bangalore560004,080, 26621192/93; BAREILLY:1St Floor, 165, Civil Lines,Opp.Hotel Bareilly Palace, Near Rly Station,Bareilly243 001,0581,2310470; BEGUSARAI: Hotel Diamond Surabhi Complex, Capasia Chowk (In Front Of Refinery Township), 

Begusarai 851117, 6243 243696/243551,320912 BELGAUM: FK-1, Khimajibhai Complex, Ambedkar Road, Opp: Civil Hospital, Belgaum 590001, 831 2402544/722/880/3095262 BHARUCH:ff 47/48 Aditya Complex,,Opp. Kasak Fuwara,Bharuch392 001,02642,225207/08; BHAVNAGAR:g-1, Gitanjli Complex, 

Opp-B-Division, Police Station,Opp -B-Division, Police Station, Kala Nala,Bhavnagar364 001,0278,6454004; BHOPAL:kay Kay Business Centre,133, Zone 1, Mp Nagar,Bhopal462 011,0755,4092712, 4092714, 4092704; BHUBANESHWAR:624, Saheednagar,First Floor,Bhubaneshwar751 007,0674,2511011- 

14, 2547531/32/33; BILASPUR: Shop No 201/202, V.R.Plaza, Link Road, Bilaspur, 495001,, 7752, 519598/236466/236420 Bsnl-236466/6420/221931 BURDWAN:Birhata (Halder Complex), 63, G T Road, Burdwan 713101,, 342 2550801, BIJAPUR: Belambagi Complex, 1st Floor, Siddeshwara Road, Bijapur, 

586101. CHANDIGARH:sco 371-372, Above Hdfc Bank,Sector 35-B,Chandigarh160 036,0172,5071726, 5071727, 5071728/5079702; CHENNAI: 33/1, Venkataraman Street ,T Nagar,Chennai 600 017,044,28155967/28153658; COCHIN:cheruparambathu Road,,1St Cross Road, Kadavanthra,Cochin682 

020,0484,4017925; COIMBATORE:”Jaya Enclave” 1057/1508,Avanashi Road,Coimbatore 641 018,0422,4291000–30; CUTTACK:opp.Jaganath Petrol Pump,Arunodya Market, Link Road,Cuttack753 012,0671,2332680/81/3110827/3109972/2613906; DAVANGERE:, No.15/9, 1st Floor, Sobagu Complex 2nd Main 

Road (AVK College Road), P J Extension,, Davangere 577002, 8192, 258712/13/14 DEHRADUN:48/49, Patel Market, Opp: Punjab Jewellers,Near Gandhi Park, Rajpur Road,Dehradun248 001,0135,2713351/2714046 ; Kaulagarh Road, Near Sirmour Marg,Dehradun248 001,0135,2754334, 2754336; DURGAPUR, 

:Old Dutta Automobile Building, 1st Floor, Benachity, Malancha Road, Durgapur 700013 343 2586375 To 77; ERODE: No 4, Veerappan Traders Complex, Opp. Erode Bus Stand, Erode, 638003. FARIDABAD:, A-2B, 1st Floor, Neelam Bata Road, Nit, Faridabad 121001, 129 418000/105 GANGTOK: T 

S Towers,Opp: Hotel Tashi Delek, M G Road,Gangtok, 737101, 3592 201457, 201458. GHAZIABAD:1St Floor, C-7, Lohia Nagar ,Ghaziabad201 001,0120,2701886/2701891/2700594; GORAKPUR:above V.I.P. House,Adjacent, A.D. Girls College, Bank Road, Gorakpur 273 001,0551,2346519/2333825/2333814 

/5513297816 /17/19; GUNTUR:, 10/1,Sai House, Arundelpet, Guntur, 522002, 863, 2326686,85,84 2326687 GURGAON:shop No 18, Near Huda Office, Ground Floor, Opp. Akd Office,Sec.14, Old Delhi Road, Near Madras Restaurant,Gurgaon122 001,0124,4086419/ 3243535; GUWAHATI:2Nd Floor, Ram 

Kumar Plaza, Chatribari Road,Near Himatshinga Petrol Pump,Guwahati781 001,0361,2608016/8102/8122; GWALIOR:near Nadigate Pul, Mlb Road,Shinde Ki Chawani,Gwalior474 001,0751,4069001, 4069002; GADAG: 1stfloor, J T Math Road, Gadag, 582101. HALDIA: 2nd Floor, New Market Building,, 

Durgachak, Haldia, 721602, 3224, 276755, 276756, 276757 HASSAN:, St. Anthony’s Complex, Ground Floor,H N Pura Road, Opp. Canara Bank Hassan 573201 8172 262032,51,52,53,65 HISSAR:sco 17 Red Square Market,1St Floor,Hissar125 001,01662,225868 (D)/225845/836; HUBLI:giriraja House, No.451 

/B,,Ward No.1, Club Road,Hubli580 029,0836,2353962, 2353974, 2353975; HYDERABAD:21, Avenue 4,Street No.1, Banjara Hills,Hyderabad500 034,040,23312454/23320251 INDORE:105, 106 & 107,D M Towers, 21/1, Race Cource Road,,Near Janjeerwala Chowrah,,Indore452 001,0731,3014200-19; 

JAIPUR:s-16/A, Land Mark, 3Rd Floor,Opp Jai Club, Mahaveer Marg, C Scheme,Jaipur302 001,0141,2378703/604/605/2363321; JALANDHAR:prime Tower, Lower Ground Floor Off.No.3,Plot No 28, G T Road,Jalandhar144 001,0181,4634401-14; JAMMU:1St Floor, 29 D/C,Near Services Selection Board, 

Gandhinagar,Jammu180 004,0191,9906297556,9906296948 & 9906296475 ; JAMNAGAR:g-12 & 108 Madhav Plaza, Opp: Sbs Bank,Near Lal Bungalow,Jamnagar361 001,0288,2556520 /2556260/2556420; JAMSHEDPUR:2Nd Floor, Kanchan Towers, ,3 Sb Shop Area, Main Road, Bistupur,Jamshedpur831 

001,0657,2487020, 2487045, 2487048; JODHPUR:203, Modi Arcade,Chopasni Road,Jodhpur342 001,0291,5103026/5103046; KAKINADA:13-1-46, I Floor,Sri Deepthi Towers, Icici Bank Complex, Main Road,Kakinada533 001,0884,2387382/2387383/2387381/3293518; KANPUR:15/46, Civil Lines, Near Muir 

Mills,Stock Exchange Road,Kanpur208 001,0512,2330127, 2331445, 2333395,96; KARIMNAGAR:, H No.4-2-130/131, Above Union Bank Rajeev Chowk, Karimnagar, 505001, 878, 2244773, 2244779 KOLHAPUR : Omkar Plaza 1 St Floor,, Unit F-2 & F-4,Rajaram Road, Bagal Chowk,, Kolhapur, 416008, 

231, 2520650/2520655 KOLKATA:49, Jatin Das Road,Near Deshpriya Park,Kolkata700 029,033,24634787-89/24647231/32/4891/24650308; 22N/1 KOTA:29, Shopping Centre, 1 Floor,Near Lala Lapatrai Circle,Kota324 007,0744,2365145/146/144; KURNOOL: Shop No.43, 1st Floor, S V Complex, Railway 

Station Road, Kurnool 518004 8518 228850, 228950 KOZIKODE: Ist Floor Savithri Building Bank Road Fatima Kozikode; LUCKNOW:94, Mahatma Gandhi Marg,Opp: Governor House, Hazratganj,Lucknow226 001,0522,2236819-28, 3817001 (Rim) LUDHIANA:ground Floor, Sco -3,Feroze Gandhi 

Market,Ludhiana141 001,0161,4680050 To 4680062 And 4680080; MADURAI:274, Goods Shed Street,~,Madurai625 001,0452,2350855 (D)/2350852-854 ; MANGALORE:mahendra Arcade, Ground Floor,No.4-6-577/21/22, Kodial Bail,Mangalore575 003,0824,2492302, 2496332, 2492901; MEERUT:1St Floor, 

Medi Centre, Opp Eves Centre,Hapur Road Near Bachha Park,Meerut250 002,0121,2520068; MUMBAI-FORT (D N ROAD):, 207,Jeevan Udyog Building, 2ND Floor, Above Khadi Gram Udyog, Opp : Citibank, D N Road, Fort, Mumbai, 400001, 22 22031601/02/03/04. MUMBAI–THANE:Office No 1 Yashwant 

Tower,, Ram Ganesh, Gadkari Path, Ghantali Road, Naupada,, Thane (West) 400602, 22, 25446121 MYSORE:l-350, Silver Tower, 1St Floor,Ashoka Road, Opp: Clock Tower,Mysore570 001,0821,2524292, 2524294; NAGPUR:230-231, 3Rd Floor, Shriram Shyam Towers,Next To Niit Building, Sardar, 

Kingsway,Nagpur440 001,0712,6614146/6614145; NASIK:f1, Suyojit Sankul Sharanpur Road,Near Rajiv Gandhi Bhavan,Nasik422 002,0253,6602542/6602543 /6602544; NAVSARI:1St Floor, Chinmay Arcade,Opp: Sattapir, Sayaji Road,Navsari396 445,02637,280362, 280363, 280364; NEW DELHI:105-108, 

Arunachal Building,19, Barakhamba Road, Connaught Place,New Delhi110 001,011,23324401/23324409/43509200; NOIDA:307, Jaipuria Plaza, D-68A,2Nd Floor, (Opp Delhi Public School) Sector 26,Noida201 301,0120,2539271, 2539272; PANJIM:no.7 & 8, El. Dorado Plaza,Heliodoro Salgado Road, 

Panjim,403 001,0832,2426870, 2426871, 2426872; PATIALA:sco 27 D, Chhoti Baradari,~,Patiala147 001,0175,5051726/27/28; PATNA:anand Tower, 2Nd Floor, Exhibition Road,Near Republic Hotel, Opp: Mithila Motors,Patna800 001,0612,2321354/55/56/57; PUNE:office No.88, 4Th Floor, B Wing, Shrinath 

Plaza,Sant Dayaneshwar Paduka Chowk, Fc Road,Pune411 033,020,30203100; Rameera Towers, 130/24,Pimprichinchwad,, New Township Road, Tilak Road, Nigidi,Pune411 044,020,27659116/115; PONDICHERRY: No7,First Floor, Thiayagaraja Street, Pondicherry, 605001. RAICHUR: Dno.11-2-61/62/1 1st 

Floor, Lingsugur Road, Raichur; 584101; RAIPUR:02& 03, Lower Level, Millennium Plaza, ,Ground Floor, Behind Indian Coffee House, G E Road,Raipur 492 001,0771,2236694-96, 6450194; RAJAHMUNDRY, : D No 6-1-4, 1st Floor, Rangachary, T Nagar, Rajahmundry, 533101, 883, 2434468,69,70 

RAJKOT:312 Star Chambers, ,Harihar Chowk,Rajkot360 001,0281,6453888; RANCHI:”Commerce Towers”, 3Rd Floor,Beside Mahabir Towers Main Road,Ranchi834 001,0651,2330386, 2330394, 2330320; SALEM:40, Brindavan Road, Near Perumal Koil,Fair Lands,Salem636 016,0427,2335700/2335705/ 

2335701-704 ; SHILLONG:mani Bhawan Annexe, Ground Floor, ,Opp. R K M Elp School, Lower Police Bazar,Shillong739 001,0364,2224175/4186/8172; SHIMLA:triveni Building,By Pass Chowk, Khallini,Shimla171 002,0177,2624453; SHIMOGA: No.8-50/A, Llr Road; Opp: Telecom GMS Office, Durgigudi 

577201,8182, 228795,96,97,226747 SILIGURI:nanak Complex,2Nd Floor, Sevoke Road,Siliguri734 001,0353,2526393, 2526394, 2526395, 2526396, 2526397, 2526399; SURAT:gf-16, Empire State Building,Nr.Udhana Darwaja, Ring Road,Surat395 002,0261,3243497 & 3017151-55; TIRUPUR: 244a First Floor, 

Kamaraj Road, Tirupur, 641604; TIRUPATI, :No16 first Floor, RC Road Tirupati, 517502,, 877 2252756 THRISSUR:2Nd Floor, Brothers Complex,Near Dhanalakshmi Bank Ho, Naikkanal Junction,Thrissur680 001,0487,2322483/484/493/494; TRICHY:sri Krishna Arcade, 1St Floor,No.60, Thennur High Road, 

Thennur,Trichy621 017,0431,2791322/2798200/2793799/2793800 2791000 ; TRIVANDRUM:2Nd Floor, Akshaya Towers,Sasthamangalam,Trivandrum695 010,0471,2725987, 2725989-991; TUMKUR:, No.203-42-284, 1st Floor, Vivekananda Road, Shantala Clinic,Tumkur, 572101,, 816, 2261891, 2261892, 

2261893 UDUIPI: Groundfloor, Sriram Arcade, Opp Head Postoffice, Uduipi, 576101; UDAIPUR:201-202, Madhav Chambers, Opp.GPO,Madhuban Chetak Circle,Udaipur313 001,0294,5101601/602/603; VADODARA: B-3, Mangaldeep Complex, Opp To Masonic Hall,,Productivity Road, ,Vadodara390 

007,0265,2322864 & 3243348; VALSAD, : Shop No.2, Phiroza Corne Tithal Cross Road Valsad, 396001, 2632, 326901, 326902, VARANASI:d 64/132, Ka, 1St Floor,”Anant Complex”, Sigra,Varanasi221 001,0542,2225365/2223814; VIJAYAWADA:39-10-7, Opp: Municipal Water Tank,Labbipetvijayawada520 

0100866Vijayawada2495200/400/500/600/700/800,; VISHAKAPATNAM:47-14-4, Eswar Paradise,Dwaraka Nagar Main Roadvishakapatnam530 0160891Vishakapatnam2752915 To 18, WARANGAL-HANUMKONDA, :Shop No.5 & 6, 1st Floor, Chandra Complex, 5-6-94, Lashkar Bazar, Opp: B.Ed College, 

Hanamkonda, 506001, 870, 2551484, 2551494. 

RR EQUITY BROKERS PRIVATE LIMITED 

NEW DELHI: RR Equity Brokers, 47, M.M. Road, Rani Jhansi Marg, Jhandewalan, New Delhi–110055 011-23636363/62; RR Equity Brokers, 105, Anchal Plaza,Nelson Mandela Road Vasant Kunj,New Delhi-110070, 011-26891262,26134764 ; RR Equity Brokers, 105, Pratap Bhawan, Bahadur Shah Zafar 

Marg, New Delhi-110001 011- 49505500,41509018 ; RR Equity Brokers, 118, Gagandeep Building, Rajendra Place, New Delhi- 110008 011- 25764872,41538956; RR Equity Brokers, 106, Pankaj Chambers, Preet Vihar Community Centre, Delhi-110092, 011-42421238-39, 49504400; RR Equity Brokers, Shop 

No. 24, FD Market, Near Madhuban Chowk, Pitampura, Delhi-110034 011–27311419; RR Equity Brokers, N-24-25, Connaught Place, New Delhi-110001 011- 41523306, 46308803, 41523229; RR Equity Brokers, 111, Jyotishikhar, 8 Distt. Centre, Janakpuri, New Delhi-110018 011- 25617654; KOLKATA: 

RR Equity Brokers, 704,Krishna Bldg.,224,AJC Bose Road, Kolkata- 700017 033-22802963/22806878; MUMBAI: RR Equity Brokers, 18 First Floor,105 bombay Samachar Marg.,Fort, Mumbai- 400023 022-40544201/224; RR Equity Brokers, 133A, Mittal Tower, A Wing, 13th Floor, Nariman Point, Mumbai- 

400021 9324804084; AHMEDABAD: RR Equity Brokers, 401, Abhijit-1, Opp. Bhuj Mercantile Bank, Mithakhali, 6 Road, Navrangpura, Ahmedabad-390009 079- 40211888; JAIPUR: RR Equity Brokers, 7,Katewa Bhawan,Opp. Ganapati Plaza, MI Road,Jaipur- 302001 0141-3235456; LUCKNOW: RR Equity 

Brokers, G-32,Shriram Tower,13- A,Ashok Marg, Lucknow- 226001 0522- 4057612; CHANDIGARH: RR Equity Brokers, SCO-222-223,Gr. Floor,Sector-34A, Chandigarh 0172-2624896 Bangalore: RR Equity Brokers, S-111,Manipal Centre,47,Deckenson Road,Banglore-42 080-42477177 CHENNAI: RR Equity 

Brokers, 3rd Flr.,Percision Plaza,New -397, Teynampet, anna Salai, Chennai- 600018 044-42077370/71; DEHRADUN: RR Equity Brokers, 56, 1st Floor, Rajpur Road,Opp. Madhuban, Dehradun, Uttaranchal- 248001 0135-3258181; VADODARA: RR Equity Brokers, 222 Siddharth Complex,RC Dutta 

Road.,Vadodra- 390007 0265-3256190/2353195 ;GHAZIABAD: RR Equity Brokers, 114, Satyam Complex, Raj Nagar DC, Raj Nagar, Ghaziabad-201002, Uttar Pradesh 0120-2828090; NOIDA: RR Equity Brokers, P-5,Sector-18,Noida- 201301, Uttar Pradesh 0120-4336992; FARIDABAD: RR Equity Brokers, 

Shop No. 55, 1st Floor, Near Flyover,Neelam Chowk,NIIT, Faridabad-121001, Haryana 0129-02427361. 

SMC GLOBAL SECURITIES LIMITED 

AGRA: F- 4, Block No 35, Surya Kiran Building Near Metro Bar Sanjay Place Agra Tel:7520787708, AHMEDABAD: 10-A, Kalapurnam,C G Road ,Near Municipal Market, Ahmedabad 380003 Tel:9825612323, 09727799200, BANGALORE:- 2003/2, 2nd Floor, (above tata docomo showroom), 100 ft road, 

HAL 2nd Stage, Bangalore-560008 Tel:09739161699, CHENNAI: Salzburg square,flat no.1, 3rd Floor,Door no .107,Harrington Road Chetpet,Chennai-600 031. CHANDIGARH: SCO -122-123, 2nd Floor, Cabin No -61, Sector -8C,Madhya Marg,Chandigarh–160009 DEHRADUN: 7,8,9&10 shiva palace, second 

floor, rajpur road Dehradun 248001 Tel:9368572105 HISSAR :- Mago Securities Ltd 104, SCF Gram, 1st Floor Green Square Market Hissar Tel:09416023332 HYDERABAD/SECUND’BAD: 206, 3rd floor Bhuvana Towers, Above CMR Exclusive, S D Road Secunderabad, 500003 Tel:9347453777 INDORE: 

206,Gold Arcade 3/1 New Palasia Opp Curewell hospital, Indore, M P Tel:9826062666 JAIPUR: 401, fourth Floor Shyam Anukampa Opp HDFC BANK Ashok Marg C scheme Jaipur Tel:9928882771 JAMSHEDPUR: K2-L1 Tiwary Becher Complex ,P.O. Bistupur ,Jamshedpur 831001 Tel:9934399678 KANPUR: 

shop no : G-21, Ground Floor City Centre The Mall Kanpur -228001 Tel:9305358433 KOLKATA: 18, Rabindra Sarani Podder Court Gate NO 4, 5th Floor Kolkatta -700001 Tel:09933664479 KOTA: 4-a-6 Talwandi Kota Rajasthan Tel:09829116982 LUCKNOW: Radha Krishna Bhawan, Plot No. 3/A, 5 Park 

Road, Lucknow Tel:9839826932 MUMBAI: 258,Perin Nariman Street First Floor Fort mumbai -400001 Tel:09821111219, 9930055430 NEW DELHI/DELHI: 17, Netaji Subhash Marg, Opp. Golcha Cinema Daryaganj, New Delhi-110 002 Tel:9818620470, 9810059041, 6B, First Floor Himalaya House 23, 

K G Marg Connaught place New Delhi -110 001 Tel:9958696929 9180469955, 503, Ansal Bhawan Barakhamba Road New Delhi -110001 Tel:9871626464 NOIDA :- 106-Ocean Plaza .P-5 SEC-18, NOIDA-201301 Tel:9717000378 PUNE: 3RD Floor, 1206/4B, Durgashankar Building, Beside Khetan Medical 

Behind Shubham hotel, JM Road Pune 411004 RAJKOT: 401-Star Chambers, Harihar Chowk, Nr. Panchnth Mandir, Rajkot-360001 Mob-# +91 8000903984, Tel: 0281-3017965 SURAT:- 316,Empire State Building, Ring Road, Surat.395002. Mo: 9033002341 VARANASI: D-64/127-C-H, Nagar Nigam Road, 

Sigra, Varanasi, 221010 Tel:9415201997. 

TRUST FINANCIAL CONSULTANCY SERVICES PRIVATE LIMITED 

AHMEDABAD: Trust Financial Consultancy Services Pvt Ltd., 006, Ground Floor, Sakar –IV, Opp Town Hall, Ellis Bridge, Ashram Road, Ahmedabad-380009, Tel: 079 30006151, BANGALORE: Trust Financial Consultancy Services Pvt Ltd., No.910, 9th Floor, Prestige, Meridian1, M.G Road, Bangalore- 

560001, Tel: 080 42622111, BHARUCH: Trust Financial Consultancy Services Pvt Ltd., Bunglow No.3 Utkarsh Society, Behind Polytechnic College, Bharuch -392002, Tel: 02642-247383, CHENNAI: Trust Financial Consultancy Services Pvt Ltd., 7 A, 7th Floor, Gee Gee Emerald No. 312, (Old No. 151), 

Village Road, (Valluvar Kottam High Road), Nungambakkam, Chennai-600034., Tel: 044 43535856, HYDERABAD: Trust Financial Consultancy Services Pvt Ltd., 511, Aditya Trade Centre, Ameerpeth, Hyderbad-500038, Tel: 040 66846061, KOLKATTA: Trust Financial Consultancy Services Pvt Ltd., Room 

No.64 Chitrakoot, 230/A, Acharya Jagdish Chandra, Bose Road, Kolkatta-700020, Tel: 033 40845000, MUMBAI: Trust Financial Consultancy Services Pvt Ltd., 1101, Naman Centre, Bandra Kurla Complex, Bandra (East), Mumbai–400051, Tel: 022-40845000, NEW DELHI: Trust Financial Consultancy Services 

Pvt Ltd., 1001 Surya Kiran Building, 19-Kasturba Gandh I Marg, New Delhi -110001, Tel: 011-43554045, PUNE: Trust Financial Consultancy Services Pvt Ltd., 521, Sterling Centre, Opp Hotel Arora, Tower, M.G.Road Camp, Pune-411001, Tel: 020 66027375/76. 


45

AXIS CAPITAL LIMITED 


BANGALORE: Axis Capital Ltd, 2A, 2nd Floor, REDIFICE Signature, Hospital Road, Pin: 560001, Tel: 080-40333222. CHENNAI: Axis Securities Ltd, 11, Vijay Delux Apartments, 7/4 First Main Road, CIT Colony, Mylapore, Pin: 600004, Tel: 044-39184335/4226. HYDERABAD: Axis Securities Ltd, 

6-3-650/217B & C, Maheshwari Chambers, 2nd Floor, Somajiguda, Pin: 500082, Tel: 040-39893626/30658502. MUMBAI: Axis Capital Ltd, 4A/5C, Khatau Building, Ground floor, Alkesh Dinesh Mody Marg, Fort, Pin: 400001, Tel: 022-22677901. NEW DELHI: Axis Capital Ltd, 815-816,8th Floor, Ambadeep 

Building, K.G.Marg, Pin: 110001, Tel: 011-46769649. PUNE: Axis Capital Ltd, 1248 A, Asmani Plaza, 1st Floor, Opp Cafe Goodluck, Deccan Gymkhana, Pin: 411004, Tel: 020-30547125. RAJKOT: Axis Securities Ltd, 308, 3rd Floor, Towar Commercial Complex, Jawahar Complex, Near Galaxy Hotel, 

Pin: 360001, Tel: 0281-2226383/384. VADODARA: Axis Securities Ltd, 515, Race Course Tower, Pashabhai Park, Race Course, Pin: 390007, Tel: 9377225295. 

BAJAJ CAPITAL INVESTOR SERVICES LIMITED 

AGRA: Bajaj Capital, Shop No. 110, Ground Floor, Block No. 27/2/4, Sanjay Palace, Near Hotel Panchrattan, Agra–282002, Ph: 0562-6457307. AHMEDABAD: Bajaj Capital, 2-L, ‘Akik’ Opp Lions Hall, Mithakhali Six Raod, Near Nalanda Hotel, Ellisbridge, Ahmedabad–380006, Ph: 079-64500171, 72. 

AJMER: Bajaj Capital, 26, Ground Floor, Ajmer Tower, Kutchery Road, Ajmer-305001. Ph: 0145-6451231,0145-6451232. ALLAHABAD: Bajaj Capital, Shop No. F-5, Indira Bhawan, Civil Lines, ALLAHABAD–211001, Ph: 0532-6452481,0532-6452482. BANGALORE: Bajaj Capital, Unit 104-107, First 

Floor, ‘A’ Wing, Mittal Towers, M.G. Road, Bangalore–560001, Ph: 080-65471121, 65471123. Bajaj Capital, 759, Shri Jayalakshmi Nivasa, 100-ft Road, Indira Nagar, (Opp. SBI Personal Bank) Bangalore-38, Ph: 080-65471127/26. Bajaj Capital, 4, Lakshmi Mansion, 81/B,8th Main Road, Opp. Food World, 

3rd Block, Jaya Nagar, Bangalore -11, Ph: 080-65471128/29. Bajaj Capital, Raheja Arcade, 1st Floor, #122, Koramangala, Bangalore-34, Ph:080-65471130/31. Bajaj Capital, 197, Sampige Rd, Near 11th Cross, (Above Karnataka Bank) Malleshwaram, Bangalore- 3, Ph: 080-65471132/33. Bajaj Capital, Rajaji 

Nagar 293/1, 17th Main Road “D”, IIIrd Block, Rajaji Nagar, Bangalore-10, Ph: 080-65471139/38. BHAGALPUR: Bajaj Capital, 2nd Floor, Chandralok Complex, Near Ghantaghar, Bhagalpur–812001, Ph: 0641-9234300737. BHOPAL: Bajaj Capital, Shop No. 6, First Floor, Jyoti Cinema Complex, M.P. Nagar, 

Zone1, Bhopal–462011, Ph: 0755-6459550. BHUBANESHWAR: Bajaj Capital, Plot No. 1/A, Ground Floor, Station Square, Kharvel Nagar, Bhubneswar–751001, Ph: 0674-6451257, 6451269. CHA0NDIGARDH: Bajaj Capital, SCO 341-342, First Floor, Sector 35B, Chandigarh 160036, Ph: (0172), 6451612– 

13. CHENNAI: Bajaj Capital, Wellington Plaza, 3rd Floor, 90, Anna Salai, Chennai–600002, Ph: 044-23451207, 08. Bajaj Capital, K.R. BUILDINGS, No. 12, L.B. Road, Adyar, Chennai-600 020, Ph: 64588304/305/306. Bajaj Capital, W.111, First Floor, 3rd Avenue, Anna Nagar, Chennai–40, Ph: 64588309/ 

310, 64581539. Bajaj Capital, Shop No. 4, Trinity Complex, No.110, 4th Avenue, Ashok Nagar, Chennai–83, Ph: 64588311/312. Bajaj Capital, No. 7, R.K. Mutt Road, (Near Indian Bank) Mylapore, Chennai–4, Ph: 64581540/64588318/317. Bajaj Capital, Shop No. 4, Plot No. 3, 29th Street, Nanganallur, Chennai- 

61, Ph: 64588320/319. Bajaj Capital, Bridge Port, New No. 29, Old No. 12, Burkit Road, T. Nagar, Chennai-17, Ph: 64588321/22. Bajaj Capital, Shop No. 5, Ground Floor, Vikas Plaza, 37/C, Velachery, Tambaram Road, Chennai–42, Ph: 64588326/24. COIMBATORE: Bajaj Capital, No. 575, D.B. Road, 

First Floor, (Near Head Post Office) R.S. Puram, Coimbatore–641002, Ph: 6470136, 38. DEHRADUN: Bajaj Capital, 15, Rohini Plaza, 11-E Rajpur Road, Dehradun–248001, Ph: 0135-6452648,0135-6452649. DHANBAD: Bajaj Capital, Ozone Plaza, 1st Floor, Bank More, Dhanbad–826001, Ph: 0326-2300576. 

FARIDABAD: Bajaj Capital, 5R/1 Ground Floor, B.K. Chowk, Near HDFC Bank, Faridabad–121001, Ph: 0129–6466566. GHAZIABAD: Bajaj Capital, G-5, Ansals Satyam Building, Raj Nagar, District Centre, Ghaziabad–201002, Ph: 0120–6493211,0120-6494070. GORAKHPUR: Bajaj Capital, Ground Floor, 

A D Towers, Bank Road, Gorakhpur, Gorakhpur–273001, Ph: 0551-6453025,0551-6453026. GURGAON: Bajaj Capital, Super Mart B-201, Super Mart-1, DLF City Phase-IV, Gurgaon–122002, Ph: 0124-6469991,0124-6468105. Bajaj Capital, Sec 14 102, AKD Tower, Upper Ground Floor, Near HUDA Office, 

Sector-14, Gurgaon- 122001, Ph: 124- 6468101, 6468102. GUWAHATI: Bajaj Capital, Room No.102, 1st Floor, Dunfur Apartment, R G Baruah Road, Guwahati–781024, Ph: 9207045530, 312. HYDERABAD: Bajaj Capital, 3-6-522, 2nd & 3rd Floor, Archies Showroom, Opp. KFC, Himayath Nagar, Hyderabad– 

500029, Ph: 040-44555555, 64631421, 22. Bajaj Capital, Shop No. 4, Ground Floor, Swarnajayanthi Complex (HUDA) Ameerpet, Hyderabad–500016, Ph: 040-64631425/24. Bajaj Capital, No.3/MIG-I, Near ICICI Bank, K.P.H.B. Colony, Kukatpally, Hyderabad–500072, Ph: 64631427/26. Bajaj Capital, Shop 

No.10, First Floor, Minerva Complex, 94, S.D. Road, Secunderabad–500003, Ph: 040-64631428, 29. JAIPUR: Bajaj Capital, G-3, Anukampa Tower, Opp. SangamTower, Church Road (M. I. Road), Jaipur–302001, Ph: 0141-6503342, 43. JAMSHEDPUR: Bajaj Capital, Shop No. 53, 2nd Floor, Kamani Business 

Centre Bishtupur, Jamshedpur–831001, Ph: 6457603, 6457627. KANPUR: Bajaj Capital, 106, Ratan Esquire, 14/144, Chunni Ganj, Kanpur–208001, Ph: (0512) 6451763–64. KOCHI: Bajaj Capital, Rubicon Building, S.A. Road, South Over Bridge, Valanjambalam, Kochi–682016, Ph: 0484-6452566, 65. 

KOLKATA: Bajaj Capital, 5th Floor, Room No. 507, 7/1, Lord Sinha Road, Kolkata–700071, Ph: 033–22820383. Bajaj Capital, 9, Ezra Street, Kolkata-700001, Ph: 64578545–47. Bajaj Capital, Gagananchal Complex, Shop No. 38A, 37, Dr. Abani Dutta Road, Howrah–711106, Ph: 64602157-58, 64604011. 

Bajaj Capital, B-9/20 (C. A), P O. Kalyani, Dist. Nadia, Kalyani-741235, Ph: 64605211, 64605214. Bajaj Capital, 182, Jessore Road (Satgachi Crossing), Dum Dum, Kolkata–700074, Ph: 64578543. Bajaj Capital, Mezanine Floor, Flat No. 3, P-24A, C I T Road Scheme VI M, Kolkata-700054. Ph: 64578551– 

52. Bajaj Capital, Martin Burn House, Ground Floor, Room No. 15, 1, R N Mukherjee Road Kolkata–700001, Ph: 64578553–54. Bajaj Capital, Sec-I BF-192, Sec-I, Salt Lake, Kolkata-700064, Ph: 64578627–29. Bajaj Capital, Sec-V Plot No. IX-16, Block EP & GP, Sec-V, Salt Lake, Kolkata–700091, Ph: 

64578555–56. Bajaj Capital, First Floor, 4 Jatin Bagchi Road, Kolkata-700029. Ph: 64578548–50. Bajaj Capital, Ground Floor, Shop No. 9, ShreeramNagar, Teghoria, V I P Road, Kolkata-700052, Ph: 64578625. Bajaj Capital, 25/A, Raja Ram Mohan Roy Road, Kolkata–700008, Ph: 64578542. Bajaj Capital, 

C-36, Lakshmi Narayan Colony, Po. Naktala, PS. Jadavpur, Kolkata-700047, Ph: 64578626. LUCKNOW: Bajaj Capital, 5, Commerce House, Habibullah Compound, 11, M.G. Marg, Hazratganj, Lucknow–226001, Ph: 0522–6565568. LUDHIANA: Bajaj Capital, M-3, ABC Services, SCO-137, Feroze Gandhi 

Market, Ludhiana-1, Ph: (0161) 2412287. MADURAI: Bajaj Capital, Suriya Towers, No.5, First Floor, 272/273, Good Shed Street, Madurai–625001, Ph: 0452-6461023, 6461024, 6461025. MANGALORE: Bajaj Capital, Essel Towers, BS 4, Bunts Hostel Circle, Mangalore–575003, Ph: 0824-6451218, 17. 

MEERUT: Bajaj Capital, G-43, Ganga Plaza, Near Begam Bridge, Meerut cantt.-250001, Ph: 0121-6451510, 6451511. MUMBAI: Bajaj Capital, Agra Bldg, Gr. Floor, 7/9 Oak Lane, Fort, Mumbai–400023, Ph: 022–66376999. Bajaj Capital, A-24, Laram Shopping Center, Opposite Platform no. 6, Andheri (W), 

Mumbai–400058, Ph: 022-65210112, 65210116. Bajaj Capital, Rashesh Building, Shop no. 11, 1st Floor, Near Maxus Mall, 150 ft Road, Bhayandar (w), 401104, Ph: 022-65991662–63. Bajaj Capital, Shop no.2, Nandkumar Apt, Factory Lane, Near Ambaji Mandir, Borivali (w), Mumbai-400092, Ph: 65991664– 

65. Bajaj Capital, Room No.1, Gr Floor, Sunil Sadan Opp Grand Central Restaurant, M.D.S Marg, Chembur (E) Mumbai-400071, Ph: 022- 65991667–68. Bajaj Capital, Shop No. 5, Abdul Kadar Jilani Building, Gokhale Road, Opp. Portugese Church, Dadar (w), Mumbai-400 028, Ph: 65991669–70. Bajaj 

Capital, Office No. 4, Vishwas CHS, Ground Floor, Behaning Neel-Yog Square Mall, R. B. Mehta Marg, Ghatkopar (E), Mumbai–400 077, Ph: 022–65991671/65210115. Bajaj Capital, Shop No 1, Dhara Complex, Plot No. 3&4, Sec-No 44, Seawoods, Nerul, Navi Mumbai–400706, Ph: 022- 65991674–75. 

Bajaj Capital, Shop no-3, Chaman House Co-op Hsg Society ,plot no-34 ,Beside IDBI Bank Atm, Sion (E) Mumbai–400022, Ph: 022-64518004, 65991677. Bajaj Capital, Shop No 3, 5th Floor, Tardeo Airconditioned Market, Mumbai-400034, Ph: 64534950, 64534954. Bajaj Capital, R.No 5, Above Khandelwal 

Sweets, Opp Thane Railway Station, Gokhale Road, Thane (W) Mumbai–400601, Ph: 022-25376898, 65991678–79. NAGPUR: Bajaj Capital, Shop No. 5, Pushpakunja Commercial Complex, Central Bazar Road, Ramdas Peth, NAGPUR–440010, Ph: 0712-6618577. NASHIK: Bajaj Capital, G 18 & 19, Suyojit 

Sankul, Tilak Wadi, Sharanpur Road, Nashik–422002, Ph: 0253-6629011, 6629012. NEW DELHI: Bajaj Capital, Bajaj House, 97, Nehru Place, New Delhi–110019, Ph: 011–41693000, 26410315. Bajaj Capital, N-10, Kalkaji, New Delhi, Ph: 64736914, 64640919. Bajaj Capital, 15, L.G.F. Central Market, 

Masoodpur, Vasant Kunj, New Delhi -110070, Ph: 64736918, 64640940. Bajaj Capital, Shop no. 15, Ground Floor, Deep Cinema Complex, Phase-1, Ashok Vihar, Delhi–110052, Ph: 64736944, 64640908. Bajaj Capital, United India Life Building, F-Block, Connaught Place, New Delhi–1, Ph: 41790444 (30 

Lines) 64640900-07. Bajaj Capital, DDA Shop No. 24, Ground Floor, Rama Krishna Market, No.1, I. P. Extension, Patparganj, Delhi–110092, Ph: 64736942, 64640931. Bajaj Capital, DDA Shop No. 4, FD Market, Near Madhuban Chowk, Pitampura, Delhi-110088, Ph: 64736902, 64640933. Bajaj Capital, 

9, Ground Floor, Rajendra Bhawan, Rajendra Place (Opp. Rachna Cinema) New Delhi-110008, Ph:, 64736940, 64640938. Bajaj Capital, 112, 1st Floor, Ansal Chamber- 1, Bhikaji Cama Place, New Delhi-110066, Ph: 64736916, 64640910. Bajaj Capital, F-1, Ist floor, B-87, Defence colony, New Delhi- 110024, 

Ph: 64736930, 64640912. Bajaj Capital, F-4, HL Square, Plot No. 6, Sector-5, Dwarka, New Delhi–110075, Ph: 64736925, 64640915. Bajaj Capital, Shop No. 11 & 12, 7-A, Janakpuri Dist.Centre (Opp. Janak Puri Transport Authority), New Delhi–110058, Ph: 64736912, 64640917. Bajaj Capital, Shop No. 

3, Ground Floor, B-5, Tagore Market (Next to Post Office), Kirti Nagar-110015, Ph: 64736922. Bajaj Capital, C-50, Shivalik, Main Road, Malviya Nagar, New Delhi-110017, Ph: 64736907, 64640923. Bajaj Capital, G-8&9, Ground Floor, Bhanot Tower, A-Block Opp. Jawala Heri Market, Paschim Vihar, New 

Delhi–110063, Ph: 64640929, 64736947. Bajaj Capital, 19, DDA Market, Commercial Complex, Yusuf Sarai, New Delhi–110016, Ph: 64640943-44, 64736937. NOIDA: Bajaj Capital, Sector -29 A-2, Brahmputra Commercial Complex, Near Rail Reservation Centre, Sec. 29,Noida-201301 Ph: 6494074-75, 6493213. 

Bajaj Capital, Sec-41 C-20, C Block Market, Sector-41, Noida-201301. Ph: 2570410, 6494077–78. PANAJI: Bajaj Capital, F2, 1st Floor, Alfran Plaza, Near Don Bosco School, Panaji, Goa, Panaji–403001, Ph: 0484–2356869, 70. PATNA: Bajaj Capital, Flat No. 108, 1st Floor, Ashiana, Plaza, Budha Marg, 

Patna–800001, Ph: 0612- 6451056-59, 61–63. PONDICHERRY: Bajaj Capital, No. 127/A, 100 Ft. Road,Natesan Tower, 1st Floor, Natesan Nagar, Pondicherry–605001, Ph: 0413-6452334, 6452335. PUNE: Bajaj Capital, Shop No 6, Sanas Plaza, 1302, Subhash Nagar, Bazirao Road, Pune–411002, Ph: 020- 

65009460, 61. Bajaj Capital, Suyash Plaza, Office No.08, 3rd floor, Opp-Selene Building, Bhandarkar road, Near Kamla nehru Park. Pune–411004, Ph: 020–65009463. Bajaj Capital, Office no. 13, A Wing, Kamala Cross Road, Opp. PMPC office, old Mumbai highway, Pimpri, Pune–411018, Ph: 020–46500150- 

51. RAJKOT: Bajaj Capital, Prathibha Complex, Near Jayesh Publicity, Moti Tanki Chowk, Rajkot–360001, Ph: 0281-6450135, 37. SALEM: Bajaj Capital, 22, GF, Omalur Main Road, SALEM–636009, Ph: 0427-6452565, 6452566. SILLIGURI: Bajaj Capital, 3rd Floor, Jatin Das Sarani, (Near Jwel Club), 

Ashram Para, Siliguri, Siliguri–734001, Ph: 9641831375. SURAT: Bajaj Capital, L-4, Ground Floor, Vishwakarma Chambers, Majura Gate Crossing Road, Ring Road, Surat–395002, Ph: 0261-6450421, 6450422. THIRUVANANTHAPURAM: Bajaj Capital, Edamala Plaza, TC 14/999 Opposite Police Headquarters, 

Vellayambalam Road, Vazahuthacadu Sasthamangalam Post, Thiruvananthapuram–695010, Ph: 0491-6450176. TIRUCHIRAPALLI: Bajaj Capital, Swati Arcade, 73/1-f 1st Floor Salaia Road, Thillai nagar, Thiruchirapalli–620018, Ph: 0431-6452094, 6452095. TRICHUR: Bajaj Capital, VIII/78/9, Bharatha 

Kshemam Building, Next to SBI ATM, College Road, East Fort, Thrissur–680005. Ph: 0487-6451533, 70. VADODARA: Bajaj Capital, 129 Siddharth Complex, R C Dutt Road, Vadodara–390007, Ph: 0265–3088162. VARANASI: Bajaj Capital, D-58/53-54, 1st Floor, Shiva Complex, Rath Yatra Crossing, Varanasi– 

221010, Ph: 0265-6450181. VIJAYWADA: Bajaj Capital, Kalyan Complex 39-1-89, 1st Floor, Beside OBC Bank, Temple Street, M.G. Road, Labbipet, Vijayawada–520010, Ph: 0265–6450181. VISHAKHAPATNAM: Bajaj Capital, Door No. 10-1-125, 1ST Floor, Asilmetta Junction, Beside Prasad Labs, 

Visakhapatnam–530003, Ph: 0891-6461773, 74. 

EDELWEISS BROKING LIMITED 

AHMEDABAD: Edelweiss Broking Limited; Edelweiss House,2nd Floor, Nr. Samved Hospital, H. L. Commerce Six Road, Navrangpura, Ahmedabad-380009, Tel: 079-40019888 BANGALORE: Edelweiss Broking Limited; ASWAN, 15/6 Ground Floor Prime Rose Road Bangalore–560001, Tel: 080 42471113 

HYDERABAD: Edelweiss Broking Limited; 2nd flr, MB Towers, Plot no.5, Road no.2, Banjara Hills, Hyderabad-500016, Tel: 040–40316911 JAIPUR: Edelweiss Broking Limited; 601/602, 6th floor, Green House, Ashok Marg, C Scheme, Jaipur 302001, Tel: 0141-4045167 KOLKATA: Edelweiss Broking 

Limited; 2nd Floor, Savitri Towers 3A Upper wood street Kolkata-700017, Tel: 033- 40104635,MUMBAI: Edelweiss Broking Limited; 101,1st Floor, 12 New Bake House, Opp Maharashtra State Co-op Bank,Nr Old Karvy office. Fort Mumbai 400001, Tel: 022-67494580 /81, Edelweiss Broking Limited; 104, 

1st flr,P J towers Stock Exchange Bldg, Fort, Mumbai- 400001, Tel: 022-67471345, Edelweiss Broking Limited; Atlantic Commercial Tower, RB Mehta Road, Nr. Patel Chouk, Ghatkopar East, Mumbai-400077, Tel: 022-25012611/12, Edelweiss Broking Limited; Bindu Shopping Centre, Grd Flr, Besant Street, 

Tilak Road, Nr. St Santacruz West, Mumbai-400054, Tel: 022-26485953/84, Edelweiss Broking Limited; Shop No 10, Sucheta Enclaves, Mahrastra Lane, Off L. T Road Borivali (W) Mumbai-92, Tel: 022-28914367 NEW DELHI: Edelweiss Broking Limited; 8-B, 8th Floor, Atma Ram House, Tolstoy Marg, 

New Delhi- 110001, Tel: 011- 46501100 PUNE: Edelweiss Broking Limited; 1184, Unit No 3, 1st Floor, Gokul Building, F C Road, PUNE -411005, Tel: 020-66056672 SURAT: Edelweiss Broking Limited; 108, Vishwakarma Chambers, B/S ITC, Majuragate, Ring Road, Surat–395002, Tel: 0261-2460537. 

INTEGRATED ENTERPRISES (INDIA) LIMITED 

AHMEDABAD: 21, Nirman, Gr.Floor, Behind Navrangpura Bus Stop, Navrangpura, Ahmedabad-380 009. Tel: 26443289/26447825. BANGALORE: No 12, Ramanuja Plaza, Ground Floor, 5th Cross, Malleswaram, Bangalore-560 003. Phone : 23446386/23461470. BHOPAL: Manasarovar Complex,FM 14,C 

Block, First Floor,(Near Habibganj Railway Station),Habibganj Station Road, Bhopal-462011. Tel: 4266005/4266006. BARODA: F- 40/41, National Plaza, 1st Floor, R.C.Dutt Road, Alkapuri, Baroda-390 007. Tel: 2343677/2341608. BHUBHANESHWAR: 39 F, I Floor,Kalika Jewellery and Sons,Ashok Nagar, 

Bhubaneswar-751009 Phone : 2530613/2530614. CHENNAI: 1st Floor, Kences Towers, 1, Ramakrishna Street, North Usman Road, T.Nagar, Chennai-600 017. Tel: 28140645. COIMBATORE: Janaki Apts., Ground Floor, 29/176, Ramalingam Road (West), R.S. Puram, Coimbatore-641 002. Tel: 2471944/2471505. 

COCHIN: 'RAJ SOUDH', I Floor, 39/3477, M.G.Road, Ernakulam-682 016. Tel: 2358922/2358923. DHANBAD: Shri Ram Plaza, 3rd Floor, Shop No.308, Bank More, Dhanbad -Jharkhand-826001. Tel: 2300737/2304331/2307635. GUNTUR: 6-9-15,9/1 Aurndelpet,Guntur-522002 Tel: 2326624/2337809. GOA: 

106, 1st Floor, Durga Chambers, Opp. Kenis Hotel, 18th June Road, Panjim,Goa-403 001. Phone : 2426904/2426905. HYDERABAD: No.5-10-197/A, G4, I Floor, Reliance Krishna Apts, Beside Kalanjali Bhavan, Navad Pahad, Hill Fort Road, Hyderabad-500 004. Tel: 23242375/23242472. JAMSHEDPUR: 

Shop No.8, Meghdeep Apts, H No.5, Line No.2, Q Road, Bistupur, Jamshedpur, Pincode-831001, Jharkhand. Tel: 2756319/2756321. KAKINADA: LIG 7, 2-6-38, AP Housing Board, 100 Building Center, Srinagar,Kakinada-533 003. Tel: 2377258. KOLKATA-SOUTH: Flat No.1-B, 4C Lansdowne Place, Opp. 

Road of Ramakrishna Mission Hospital, Kolkata-700 029. Tel: 24746400/24742705. LUCKNOW: 207-A, 2nd Floor, Saran Chambers II, 5, Park Road, Lucknow-226 001. Tel: 2235736/2236766. MUMBAI: Fort: 15, 1st Floor, Modern House, Dr.V.B.Gandhi Marg, Fort, Mumbai-400 023. Tel: 4066 1800. 

MADURAI: 82, 1st Floor, Vakkil New Street, Madurai-625 001. Tel: 2630305/2620560. MANGALORE: F-1, 1st Floor, Ram Bhavan Complex, Kodialbail-575 003. Tel: 2440163/2447051. MYSORE: 133, Shika Towers, Second Floor, Rama Vilas Road, Mysore-570 024. Phone : 2424188/4266682. NELLORE: 

Shop No.27, Co-operative Bank Shopping Complex, Trunk Road, Nellore-524 001. Phone : 2326297/2332040. NAGPUR: Block No.108, Sathyam Towers, (First Floor), (Diagonally opposite to BIG BAZAAR), Plot No.8, Wardha Road, Dhantoli, Nagpur-440012. Tel: 2420105/2443106. NASIK: B Wing, Parshuram 

Apts, Opp. Times of India Office, College Road,Nasik-422 005. Tel: 2575524/2316300. NEW DELHI: 1691/36, (I Floor), Arya Samaj Road,(Opp. to Satbhrawan School), Naiwala,Karol Bagh,New Delhi-110 005. Tel: 45170331 to 45170335. PUDUCHERY: No.40-A,Aurobindo Street, (Between M.G.Road 

& Mission Street), Pondicherry-605 001. Tel: 2222155/4207233. PATNA: No.313, Jagat Trade Centre, Fraser Road, Patna 800 001. Tel: 2205943. PUNE: 7 and 8 Arthshilp, Gr.Floor, 1349, 1350, Shukrawar Peth, Bajirao Road,Pune-411 002. Tel: 24473944/24481891. RAJAMUNDHRY: 6-14-7/1, Opp. Pala 

Varthakula Sangam, Achantavari St, T.Nagar,Rajamundhry-533101. Tel: 2422120/2437533. RAJKOT: 130/131, Star Chambers, 1st Floor, Harihar Chowk, Dr. Rajendra Prasad Road,Rajkot-360 001. Tel: 3041451/2240373. SALEM: Shop No.8/9/10, M.R.Complex, 1st Floor, No.114, Kanakupillai Street, Alagapuram, 

Salem-636016. Tel: 2446727/2336746. SECUNDERABAD: 202,Second Floor, Karan Centre Sarojin Devi Road, Secunderabad-500003. Tel: 27845605/27816080. SURAT: C-18 1st Floor,Belgium Chambers, Next to City Co-op Bank, Main Ring Road, Delhi Gate, Surat-395 003. Tel: 2454535/2450086, 2410815. 

TRICHY: Chitra Complex-No.11, Gr. Floor, Near Chatram Bus Stand, Trichy-620 002. Tel: 2703670/2716387. THANJAVUR: 1999,Kamal Towers, West Main Street,Thanjavur-613 009. Tel: 230928/230929. THRISSUR: 1st Floor, B Inland Arcade, Mannath lane, Thrissur-680 001. Tel: 3204561/3204562. 

TRIVANDRUM: Aashiana, 1 Floor, TC 28/2829 (2), Kuthiravattom Road, Trivandrum-695 001. Tel: 0471-2461593. TIRUPATHI: D.No.10-13-490A, 2nd Floor,Beside Krisha Reddy Hospital, Tirupathi-517501. Tel: 2224001 /2224003. THANE STATION: No 102, I Floor,Shree Krishna Complex CHS Ltd, 

Dada Patil Wadi, Next to Ganesh Towers ,Thane West-400 602. Tel: 25301256/25301257. VIJAYAWADA: D No. 29-13-29, Ist Floor, Kaleswara Rao Road, Near Dornakal X Roads,Suryaraopeta,Vijayawada-520 002. Tel: 2472414/2470517. VISHAKAPATNAM : TC-1, 3rd Floor, Dwaraka Plaza, Main Road, 

Dwaraka Nagar, Vizag-530 016. Tel: 2513606/2747020. WARANGAL: C-15/16, Green Square Plaza, Vadderaju Complex, Near Petrol Pump, Opp: Public Garden, Hanmakonda, Warrangal Dist-506 001. Tel: 2546421/2546471. 

INDIA INFOLINE LIMITED 

AHMEDABAD: 4th Floor, High Street I, Above Promart mall, Law Garden Cross Road, Ahmedabad-380006. India Infoline Ltd-2nd Floor, High Street 1, Near G L S College, Above Pro Mart Mall, Low Garden Cross Road, Ahmedabad–380006. BANGALORE: 31/9, Krimson Square, 2Nd Floor, Above Vishal 

Megamart, Rupena Agrahara, Hosur Main Road, Bangalore-560068. India Infoline Ltd-Esquire Centre, #9/8 Block 2C, 2nd Floor, M G Road, Premia. Bangalore–560001. ( Karnataka). BARODA: SF- 1, Savoy, 2Nd Floor, Savoy Complex, Opp Bayer Abs Towers, Old Padra Road, Baroda-390007. 

BHUBANESHWAR: SOMI PALACE, 1st Floor, Plot No-M5/17, Acharya Vihar, Bhubaneswar-751013. CHANDIGARH: 3015/16, 2nd floor sec 22D opp kishan bhavan chandigarh-160022. CHENNAI: Tower No-143, MGR Salai, Near To Life Line Hospital Perungudi, Chennai-600096. India Infoline Ltd- 

Ganesh Complex, No-203, 2nd Floor, Anna Salai, Teynampet, Chennai-600014. HYDERABAD: India Infoline Ltd, D. No. 5-9-22/B/501, 5th & 6th Floor, My Home Sarovar Plaza, Secretariat Road, Hyderabad-500004. JAIPUR: 5Th Floor, City Mall, Bhagwandas Road, (Near To Rajmandir Cinema) Jaipur. 

JAMSHEDPUR: 1st Floor, Tiweri Bechar, Bistupur, Jamshedpur-831001. KOCHI: 2nd Floor, Sana Tower, M. G. Road, Jose Junction, Kochi -16. KOLKATA: Zonal Off, 1, Shakespere Sarani, Acmarket, 5th Floor, Kolkata -700071. India Infoline Ltd-Zonal Off, 9th Floor, 1, Shakespere Sarani, ACMarket, 

Theatre Road, Kolkata -700071 ( West Bengal). MEERUT: 2Nd Floor, Above Hdfc Bank, 381 Westwern Kacheri Road, Meerut-250002. MUMBAI: India Infoline Limited, IIFL Center, B Wing, Trade Centre, Kamala Mills Compound, Off Senapati Bapat Marg, Lower Parel, Mumbai-13. India Infoline 

Limited, IIFL House, PlotNo. B-23, Road No. 16, Thane Wagle estate, Thane (W)-400604. India Infoline Ltd, Off No-1A, Building No 105, Opp. Bharat House, Mumbai Samachar Marg, Fort, Mumbai 400001. NASHIK: 10 & 11, Viraj Corner, Canada Corner, Nashik-422005. NEW DELHI: 71/3, 1St Floor, 

Rama Road, Najaphgarh Road, Above Dhl Bldg, Motinagar New Delhi-110015. India Infoline Ltd-71/3, 1st Flr Rama Road, Moti Nagar, New Delhi-110015. PATNA: 2Nd Floor, Ashiana Chamber, Block ‘A’, Exibition Road, Opp. Republic Hotel, Patna -800001. PUNE: 5Th Floor, Lohia Jain It Park, Chandani 

Chowk, Paud Road, Pune-411038. India Infoline Ltd, 5th Floor, Lohia Jain IT Park, Near Chandni Chowk, Paud Road, Kothrud, Pune 411 038. RAIPUR: Nagdev Plaza, Block-A, 1St Floor, Jail Road, Infront Of Hotel Satluj, Kutchery Chowk. Raipur-492001. RAJKOT: Millennium Square, 2Nd & 3Rd Floor, 

Opp Royale Inn Hotel, Phulchab Chowk, Rajkot-360001. SECUNDERABAD: 32 Minarva Complex, S D Road, Secunderabad–500007. SURAT: 701, 702, 709, 710, 21st Century Business Centre, Near Udhna Darwaja, Ring Road, Surat-395002. 

SHCIL SERVICES LIMITED 

ADAJAN: SHCIL, H-207, Manthan Nr Gujarat, Gas Circle, Above Central, Bank Of India Adajan, Surat-395009, 0261-2788995/96. AGARTALA: SHCIL, First Floor, 88, Motor Stand Road, Opp., Petrol Pump, P.O.Agartala, Agartala Tripura West-799001, 0381- 2300089. AGRA: SHCIL, 6, Awagarh House, 

M G Road, Civil Lines, Agra-282001, 0562-2524126, 2520325. AHMEDABAD: SHCIL, 304/306 Sears Towers, 3Rd Frl Patel Society, Gulbai Tekra Panchawati, Ahmedabad-380006, 079-26467032, 26464760. SHCIL, 4Th Floor, Vrajprabha, Complex , Opp Rly Crossing, Maninagar (West), Ahmedabad-380008, 

079-25462717, 25450677. SHCIL, 209, Shukan Mall, Near Visat Petrol Pump, Motera, Sabarmati, Ahmedabad-380005, 079-27502790, 27571390. SHCIL, 106, Sukhsagar Complex, Nr Fortune Landmark Hotel, Ashram Road, Usamanpura, Ahmedabad-380013, 079-27556730, 27556731. AJMER: SHCIL, 2Nd 

Floor, 711/4, K.C.Complex, Opp.Daulat Baug, Ajmer-305001, 0145-2431290, 2630648. ALLAHABAD: SHCIL, 188/ 255 , Cl Plaza, Meerapur , Attarsuiya, Allahabad-211003, 0532- 2451012, 2451013. SHCIL, Lda Centre, Ground Floor, 2 S.P.Marg, Civil Lines, Allahabad-211001, 0532-2560088, 2560178, 3208631. 

ALWAR: SHCIL, 1St Floor, 38A, Lajpat Nagar, Scheme No 2, Alwar-301001, 0144-2348459, 2348614. AMBALA: SHCIL, 5502, First Floor, Surya Tower, Opp Nigar Cinema, Nicholsan Road, Ambala-133001, 0171-2645366, 2645367, 2645358. AMRAVATI: SHCIL, Blok No 82, Glushan Tower, Mofussil 

Plots, Near Panchasheel Talkies, Jaistambh Chowk, Amravati-444601, 0721- 2560470/2568986, 6522774. AMRELI: SHCIL, Shop No.12And13, First, Floor, Mona Arcade, Opp., Hirak Baug Bus Station, Road, Amreli-365601, 02792-225241, 225242. AMRITSAR: SHCIL, 33-34, Court Road, Opp Doaba 

Automobiles, Court Raod Amritsar, Punjab-143001, 0183-2402227/2210103, 2420227. ANAND: SHCIL, 204 Nathwani Chambers, Near Patel Market, Sardargunj, Anand-388001, 0269-2266611. AURANGABAD: SHCIL, Ragbhir Chambers, 1St Floor, Above Idbi Bank, Vidya Nagar, Jalna Road, Aurangabad 

46 



, Maharashtra.-431005, 0240-2453631, 2453632. BAGALKOT: SHCIL, Tp No 159/1 A/8, Ward No10, Behind Kalburgi Hospital, Mahaveer Road, Bagalkot-587101, 08354-220100, 08354-220103. BANGALORE: SHCIL, B’Lore Stock Exch.Ltd, Stock Exch. Towers, 51, 1 Cross, J.C. Road, Bangalore-560027, 

080-22995236, 080-22995246/49. BARODA: SHCIL, Ff2 , Ananya Avenue, Near Motinagar Char Rasta, Warasiya Ring Road, Baroda-390006, 0265-2531029, 2531039. SHCIL, 305-308, Paradise Complex, 3Rd Floor, Sayajigunj, Baroda-390005, 0265-2363419/ 2363516, 2363516. SHCIL, G3 Siddhivinayak 

Comp, Near Bank Of India, Ellora Park, Baroda-390023, 0265-2393384, 2393385. BARRACKPORE: SHCIL, 4(2) S.N Banerjee Road, Barackpore Shoping Arcade, 2Nd Floor, Kolkata, West Bengal-700120, 033-25452634, 25452633. BELGAUM: SHCIL, Basavkrupa 1, Club Road, Opp.Civil Hospital, Near 

Hansraj Super Market, Belgaum-590002, 0831-2469817/818, 2432102. BELLARY: SHCIL, Door No:342/1 A/1, Chiranjivi Nilaya, Shubha Mahal, Gandhi Nager , Bellary-583101, 0839-2257660, 0839-2257664. BERHAMPUR: SHCIL, Oppof Hotel Moti, House No-12223A/16, Gandhi Nagar, Berhampur, Dist- 

Ganjam, Orissa-760001, 0680 2220754, 2220764. BHAGALPUR:SHCIL, 2Nd Floor , Angar Complex, Patal Babu Road, Bhagalpur-812001, 0641-2409406, 2300416. BHARUCH: SHCIL, 119/A, First Floor, Bluechip Complex, Sevashram Road, Bharuch-392001, 02642-268633/34, 650809. BHATINDA: SHCIL, 

Mc 4373, 1St Floor, Opp, Indian Overseas Bank, Kikar Bazar, Bhatinda-151005, 0164-2235846, 2253846. BHAVNAGAR: SHCIL, G-2 Vasundhara Complx 1St, Floor, Opp.Dakshinamurty, School , Waghawadi, Road, Bhavnagar-364002, 0278-2471113, 2471114. BHILAI: SHCIL, Room No. 8, Second Floor, 

Chauhan Estate G E Road, Supela, Bhilai (Cg)-490020, 0788-2295355, 2290454. BHIMAVARAM: SHCIL, Door No. 27-2-9, Opp Water Tank, J P Road, Bhimavaram-534202, 08816- 226008, 226005. BHOPAL: SHCIL, First Floor, Alankar Comp, Plot No.11 Zone Ii, M P Nagar, Bhopal .M.P-462011, 0755- 

4221321, 4220338. BHUBANESHWAR: SHCIL, 3Rd Flr Plot No 111 Varah, Complex Station Square, Unit 3 Master Canteen, Kharvel Nagar Bhubaneswar-751001, 0674-2391713, 2391773. BIKANER: SHCIL, Chugh Mansion 1St Floor, Opp Drm Office Near, Railway Stadium, Bikaner-334001, 0151- 2540131, 

2549506. BILASPUR: SHCIL, Shop No 1, 1St Flr, Navin Plaza , Telipara, Bus Stand Rd, Bilaspur, Chattisgarh-495001, 07752- 412039, 220322. BOKARO: STEEL CITY, SHCIL, C1-22 , C , Sector 4 , City Center, Bokaro Steel City-827004, 06542- 231950, 231960. CALICUT: SHCIL, Metro Towers, 19/ 

2084, B-20, 1St Floor, P V Swamy, Road, Chalappuram P.O., Calicut-673002, 0495-2300373, 2304473 , 2530270.. CHANDIGARH: SHCIL, Deepak Towers, 2Nd Floor, Sco 154/155, Sector 17 C, Chandigarh-160017, 0172-2542807, 2702545. CHANDRAPUR: SHCIL, 2Nd Flr Raghuwanshi, Complex Nr Azad 

Garden, Main Rd Chandrapur, Nagpur-442402, 07172-270302 , 274202. CHENNAI: SHCIL, W 101, 1St Floor, Second Avenue, Anna Nagar, Chennai-600040, 044 -26280154, 42051772. SHCIL, Justice Basheer Ahmed, Sayeed Bldg, 3Rd Floor, 45 Moore Street Second, Line Beach Chennai-600001, 044 -25340725, 

40100200. SHCIL, Gokul Arcade 1St Flr No 2, Sardar Patel Rd Adyar, (Nr Adyar Signal Stop), Chennai-600020, 044-24420602, 45504085. SHCIL, 202 2Nd Floor, Challa Mall, Complex 11And11/A, Sir Theagaraya Rd T Nagar, Chennai-600017, 044-24328380, 24359307. SHCIL, Shop No. 8 & 9, No. 68/ 

22A Kakkan Street, Tambaram West, Chennai-600045, 044-22260569, 42034948. SHCIL, Arutjothi Towers Plot No, 2&9 1St Flr Mount, Poonamalle High Rd Sakthi, Nagar Porur Chennai-600116, 044-22520191, 42014260. CHINCHWAD: SHCIL, 217-218, Kohinoor Arcade, Sec No 24 B’Bay- Pune Rd, Nigdi 

Chincwad, Pune-Maharashtra-411044, 020-27654837, 64103427. COIMBATORE: SHCIL, A-108, Raheja Centre 1St Floor, 1073/74, Avinashi Road, Coimbatore-641018, 0422-2241606, 4214004. CUTTACK: SHCIL, 1St Floor, Plot No-3027/3401, Opp-Kedarson, Dolamundai, Cuttack-753001, 0671-2411837, 

2428720. DAVANGERE: SHCIL, 1St Frl Above Mahalakshmi, Book Depot Akkanahadevi, Rd Pj Extension, Davangere-577002, 08192- 236964/65, 234442. DEHRADUN: SHCIL, 59/3, 1St Floor, Rajpur Road, Above Idbi, Bank, Dehradun.-248001, 0135-2652558, 6454102, 2710215/48. NEW-DELHI: SHCIL, 

8A, Milap Blg , Gr Floor, Bahadur Shah Zafar Marg, New Delhi, New Delhi-110002, 011-23359517/18/19, 43546864. SHCIL, 3, Vardhman Trade Centre, 2Nd Floor, Nehru Palace, Dda Complex, New Delhi-110019, 011-26425334/35/36/37, 26281579. SHCIL, 103, 1St Floor, Suneja Tower-1, Janakpuri District 

Centre, Janakpuri, New Delhi-110058, 011-25507314/16, 2550732664699300. SHCIL, Gr Flr Shop Gf13 Bld No 3, Ansal Chambers I, Bhikaji Cama Place, New Delhi-110066, 011-26193384/85, 26193418, 64699302. SHCIL, 504, 5Th Floor, B-08, Gditl, Tower Netaji Subhash, Palace Opp Wazirpur Depot, 

Pitampura-Delhi-110034, 011 -27357134/37, 2735713564699300. SHCIL, 401, 4Th Floor, Ashish Corporate Tower, Community Centre, Karkardooma Delhi-110092, 011-22375747/44. SHCIL, 68/2 2Nd Floor Above, Mehra Sons Jewellers, Janpath, New Delhi-110001, 011-23324909/01, 64699304. DHANBAD: 

SHCIL, 201, Shanti Bhawan, Bank More, Dhanbad-826001, 0326-2300185, 2300184. DHARWAD: SHCIL, Sri Ranga Towers, Ground Floor, Near Nttf, Ramnagar Cross, P.B.Road, Dharwad-580001, 0836-2435635, 2435636. DOMBIVILI: SHCIL, C/O Dombivili Nagri Shaka, Ri Bank , Ist Flr, Guruprasad 

Blg Manpada Rd, Dombivile (E)-Thane-421201, 0251- 2861199, 2860751. ERODE: SHCIL, 110/4, 1St Floor, R K Samy Bldg, Sathy Road, Near Bus Stand, Erode-638003, 0424-2213823, 2214026. GANDHIDHAM: SHCIL, Office No. 206, Sindhu-Ii, Plot No.302, Ward 12-B, Gandhidham(Kutch)-370201, 

02836-226585, 226586. GANDHINAGAR: SHCIL, Plot No. 447 2Nd Floor, Sector 16 Gh 5, Nr.Pragna Petrol Pump, Gandhinagar-382016, 079-23248579. GHAZIABAD: SHCIL, 301 And 302, 3Rd Floor, Hans Plaza, Ambedkar Road, Ghaziabad-201001, 0120-2796097, 2796098/ 99. GOA: SHCIL, 2Nd Floor, 

Tamba Building, Dr. Atmaram Borkar Road, Panaji-Goa, Goa-403001, 0832-2421497, 2421496. GORAKHPUR: SHCIL, Office No. 16, 17, 18, 3Rd Floor The Mall , Cross Road, Bank Road , Gorakhpur-273001, 0551-2341809. GULBARGA: SHCIL, G1 & G2, Shrushti Arcade, Gr Frl Opp St Mary Church, 

Court Rd Off Sb Temple Rd, Gulbarga-585102, 08472-279710/11. GUNTUR: SHCIL, S2 Raghu Mansions, 2Nd Flr, Opp. To Sankar Villas, 4/1 Brodipet, Guntur -522002, 0863-6642898, 6640898. GURGAON: SHCIL, Shop No251, Central Arcade, 1St Floor , Opposite, Sahara Mall, Dlf Phase II, Gurgaon, 

Haryana-122002, 0124-2387956/59, 4068690. GUWAHATI: SHCIL, Blue Dart Complex Maniram, Dewan Lane Jadav Bora, Complex G S Road, Ulubari, Guwahati-781007, 0361-2460587/88, 2454213. GWALIOR: SHCIL, First Flr, Sharma Mansion, Nr Archies Gallary Old, High Court Rd Jayendra, Ganj 

Lashkar, Gwalior-474009, 0751-4077783, 4065111, 4065111. HALDIA: SHCIL, Akash Ganga Commercial, Complex Unit No 3/17, 3Rd Floor, Durgachalk, Haldia, Dist:Purbamidnapor-721602, 03224-272067, 272166. HALDWANI: SHCIL, Shop Nol L-2 Durga Center, Bhotia Parao, Nanital Road, Haldwani- 

263139, 05946-282392/93. HARIDWAR: SHCIL, Gr Floor , Royal Plaza, Chandracharya Chawk, Ranipur More, Haridwar-249407, 01334-265941/266504, 645404. HASSAN: SHCIL, 1St Floor Lakshmi Complex, Opp Bsnl Bhavan, B M Road, Hassan-573201, 08172-232117/18. HAZARIBAGH: SHCIL, Above 

Central Bank Of Ind, Bodom Bazar, Malviya Marg, Hazaribagh-825301, 06546-222847, 222674. HUBLI: SHCIL, 1St Floor, Varsha Complex, Behind Bhavani Arcade, Opp. Basava Vana, Near Old Bus Stand, Hubli-580029, 0836 -2212050, 2253112, 2253106 (D). HYDERABAD: SHCIL, Vertex Plaza Shop 

No -4, 1-1-238/2/4, A.S Rao Nagar, Hyderabad-500062, 040 -27133205, 27133207. SHCIL, Shop No 7, 10-4-3 Afia, Plaza, Nr Humayun Nagar, Post Office Masab Tank, Mehdipatnam Hyderabad-500028, 040-23300160, 23300163. SHCIL, 2Nd Floor, Shop No 7&8, Dno 17-85/C/106 Main Road, Annapurna 

Shoping Complex, Dilsukh Nagar, Hyderabad-500060, 040-24151197, 24151203. SHCIL, G6-G10, East Block, Swarna, Jayanthi Commercial Comp, Next Huda Maitrivanam, Ameerpet Hyderabad-500038, 040-66664675, 66071031. SHCIL, Plot No138, Kalyani Sri, Sai Niketan, Bhagynagar, Colony , Opp Kphb 

Colony, Kukatpally Hyderabad-500072, 040-66203220, 23063560. SHCIL, 3-6-269, G6 And G7, Mym Money Centre, Opp.Telugu Academy, Himayatnagar, Hyderabad-500029, 040-23261526, 23261527. ICHALKARANJI: SHCIL, 545/1 Murgunde Building, Shahu Corner Road, Near Sakharape Hospital, 

Ichalkaranji-416115, 0230-2421595/94, 2421594. INDORE: SHCIL, 220-221, Dm Tower, Race Course Road, Indore-452003, 0731-4026910 -15, 2432061/71. JABALPUR: SHCIL, 7, Ankita Complex, 2Nd Fl, Opp. Prabhu Vandana, Talkies, Civic Centre, Jabalpur-482002, 0761-4014944. JAIPUR: SHCIL, 300- 

A, 2Nd Flr Jse Bldng, Jln Marg, Malviya Nagar, Jaipur 302017-302017, 0141 -2729047/48/49/50/52. SHCIL, Sangam Tower, 2Nd Floor, Off No 213 Church Road, Jaipur 302001-302001, 0141-2387276/ 75, 2387104/ 05. JALANDER: SHCIL, 1St Floor , Sco 33, Multani Tower, Puda Complx, Opp. Tehsil 

Complex, Jalander, Punjab-144001, 0181-2243974, 2453076. JALGAON: SHCIL, C/O Shree Mahavir, Sahakari Bank Ltd.87, Polan Peth Dana Bazar, Jalgaon-425001, 0257-2222690/ 2220102. JAMMU: SHCIL, 83 A/D Extn, Near Police Lines, Gandhi Nagar, Jammu-180004, 0191-2455053, 2455058. 

JAMNAGAR: SHCIL, Off.No.6 To 8, Madhav Darshan Complex, Opp. Cricket Bunglow, Gurudwara Rd Jamnagar-361001, 0288-2770125, 2661159. JAMSHEDPUR: SHCIL, Shantiniketan Building, 2Nd Floor Isb Shop Area, Main Road Bistupur, Jamshedpur-831001, 0657- 2420437, 2420438. JAYANAGAR: 

SHCIL, Shop No 7, 1St Floor, # 44 , 3Rd Cross, Jayanagar, 4Th T Block, Bangalore-560011, 080-22453800, 22453900. JODHPUR: SHCIL, 1St Floor, 54 Gulab Bhavan, Chopasani Road, Near Kankariya Building, Jodhpur-342003, 0291-2636609, 2636710. JORHAT: SHCIL, K D Building, 1St Floor Rupahi 

Ali, Garali, Jorhat-785001, 0376-23000368, 2300550. JUNAGADH: SHCIL, 34, 35, Platinum Complex, Jayshree Talkies Road, Kalwa Chowk, Junagadh-362001, 0285-2652748, 2629748. KAKINADA: SHCIL, Door No. 5-1-6/1 2Nd Flr, Ayyappa Towers Main Road, Suryarao Peta, Kakinada-533002, 0884- 

2347774, 2347775. KALYAN: SHCIL, Shcil, Gala No.110, Vasant Vihar Complex, Chandulal Joshi Compound, Opp.Railway Stn, Kalyan(W)-421301, 0251-2315421/22, 2315423/24. KANNUR: SHCIL, 2Nd Floor, K V R Towers, South Bazar, Kannur-670002, 0497- 2712333, 2712323. KANPUR: SHCIL, Bhatia 

Complex, 124/1, C-Block, Govind Nagar, Kanpur-208005, 0512 -2653688, 2653687, 3065029. SHCIL, Ground Flr, Krishna Tower, 15/63 Civil Lines, Kanpur-208001, 0512-2306138, 2338096/ 2306084. KARAIKUDI: SHCIL, A.C.A Complex , 1St Floor, Door No 30/1C, Sekkalai Road, Karaikudi-630001, 04565- 

232180. KARKALA: SHCIL, Shop No 12, D.No 127/23, 1St Floor Sharada Palace, Market Road , Karkala-574104, 08258-234650, 08258-234651. KARNAL: SHCIL, 1St Flr, 16, Mahila Ashram, Complex Above Gift Galler, Behind Main Bus Stand, Karnal-132001, 0184-2253875, 2262734. KARUR:, SHCIL, 

128-A Vanitha Towers, 1St Floor, Kovai Road, Karur-639002, 04324-240628, 240438/240528. KHAMBHAT:, SHCIL, No 4, Raj Darshan Complex, Station Road, Khambhat-388620, 02698-222283. KOCHI:, SHCIL, Safeena Mansion , Gr Floor, Ravipuram Junction , Kanoos Theatre, M G Road, Kochi-682016, 

0484 -2363022, 2363023. KOLHAPUR:, SHCIL, Ayodhya Towers, 4Th Floor, 511 Kh’E’Ward, Near Dabolkar Corner, Stn Road, Kolhapur-416001, 0231-2663123/80//24. KOLKATA:, SHCIL, A.G. Towers 6Th Floor, 125/1, Park Street, Calcutta-700017, 033-22262081, 26662100. , SHCIL, Rnm House, 3Rd 

Floor, 3B Lal Bazar Street, Calcutta-700001, 033-22420777, 22107584. KOLLAM:, SHCIL, E Ii 24/25 2Nd Floor, Commercial Complex, East Block Bishop Jerome, Nagar, Chinnakada Kollam-691001, 0474 2768158, 2768159. KORAMANGALA:, SHCIL, No 103, 1St Floor, Mighkhb Colony, 17Th Main, 

5Th Block Koramangala, Bangalore-560095, 080-25529149, 25529150. KOTA:, SHCIL, Mewara Plaza, 344, Shopping Centre, Rawat Bhata-Guman Pura Rd, Kota-324007, 0744-2360863, 2361356. KOTTAYAM:, SHCIL, 2Nd Floor, Korattaiyil, Complex, Opposite Public, Library, Sashtri Road, Kottayam-686001, 

0481- 2303670, 2303671. KUNDAPUR:, SHCIL, Door No. 433/1/51, I Floor, Near Manunath Nursinghome, Mastikatte Main Road, Kundapur-576201, 08254-234557/58. KURNUL:, SHCIL, Flat No A10, 1St Flr, Bhupal Complex Park, Road Kurnool-518001, 08518-278738, 278739. LUCKNOW:, SHCIL, 

36/15 , 1St Floor, Above, India Bulls, Saprumarg, Opp Rohit Bhawan, Lucknow-226001, 0522-2629850/40. LUDHIANA:, SHCIL, Cabin No. 501, Sco 18, 5Th Floor, Opp Lse. F.G.Market, Ludhiana-140001, 0161-2422157, 3017701. MADURAI:, SHCIL, C-1, 3Rd Floor, A R Plaza, 16/17 North Veli Street, 

Madurai-625001, 0452-2342174, 2350178 (TELEFAX). MALLESWARAM:, SHCIL, No 13 Vasanth Milan, 1St Cross, Malleswaram, Bangalore-560003, 080 -23560525, 23461225. MANGALORE:, SHCIL, Shop No 6 & 7 2Nd Flr, Manasa Tower M G Rd, Kodialbail, Mangalore-575003, 0824- 2494986, 2495220/ 

2495224. MANIPAL:, SHCIL, 1St Floor, Trade Centre, Near Syndicate Circle, Manipal-576104, 0820-2572115, 0820-257116. MEERUT:, SHCIL, T-306, Ganag Plaza, Begum Bridge Road, Meerut, Uttar Pradesh-250002, 0121-2656274, 2655167. MEHSANA:, SHCIL, Om Complex 2Nd Flr, Radhanpur Road 

Cross Rd, Nr Petrol Pump, Mehsana-384002, 02762-232622/23. MIRZAPUR:, SHCIL, Plot No 64 Keshav Kunj, Mission Compound Ramai, Patti Civil Lines Above, Icici Bank Mirzapur Up-231001, 05442-253012. MOGA:, SHCIL, 531/09 Nifd Campus, New Town Opp. D.M.College, Moga, Punjab-142001, 

01636-233296/223896. MOHALI:, SHCIL, S C F 33 1St Floor, Phase 5, Mohali, Punjab-160059, 0172-2272123, 4655065. MUGALSARAI:, SHCIL, 3Rd Floor 952 Gt Road, Subash Nagar, Near Subhash Park, Mugalsarai Chandauli-232101, 05412-257542. MUMBAI:, SHCIL, Shop No 8, Bayside Arcade, 

Dr B A Road, Parel, Mumbai-400012, 022-24115313, 24125313. , SHCIL, No 4 Parsian Apartments, V.P. Road, Next To, Zoroastrian Co-Op. Bank, Off S.V. Road, Andheri W-400058, 022-26230910, 26230912. , SHCIL, 169/C Neelkanth Niwas, Purandare Park Society, Dr. Ambedkar Road, Dadar Tt , Mumbai- 

400014, 022-24151706/07. , SHCIL, Shcil, Centre Point, Unit No 301, 3Rd Floor, Dr . B Ambedkar Rd, Parel, Mumbai-400012, 022-61779400-09. , SHCIL, 12/14, Uti Bldg, Bank Street Cross Lane, Near Old Custom House, Fort-400023, 022-22622677, 22675960/61. , SHCIL, Raheja Chamber, Office No.15, 

Gr Flr, Nariman Point, Mumbai-400021, 022 -22884685/87, 2284424722852970. , SHCIL, Basaveshwar Bhavan 1St Fl, Basaveshwar Chowk, D K Sandu Marg, Chembur-400071, 022-25288358, 25290542. , SHCIL, 104 Shyam Kamal A Wing, 1St Flr Opp Vileparle, Rly Stn. Vileparle East, Mumbai-400057, 

022- 26161101/26105363, 26184143. , SHCIL, Vishwanagar Co-Op Hsg, Soc.Gr. Flr, Junction Of, R B Mehta Road&Hingwala, Lane, Ghatkopar, E Mumbai-400077, 022 -21021795/21022653, 21020790. , SHCIL, Rewa Apts.’B’ Ground Flr, Behind Boi Opp Cadbury, House Bhulabhai Desai Rd, Mahalaxmi, 

Mumbai-400026, 022-23538225, 23526220. , SHCIL, Unique Towers, G-2, Gr.Flr, Behind Patel Auto, Off, S V Road Goregaon West, Mumbai-400062, 022-28787336, 28787341. , SHCIL, Shop. No.10, Ground Floor, Madhumilan Co-Op Hsg Soc, Mangal Kunj, S.V. Road, Borivali (West)-400092, 022 -28332104, 

28332085. , SHCIL, Shop No.2 , Koteshwar Apts, R.H.B. Rd Opp Icici Bank, Mulund West, Mumbai-400080, 022-25907618/17, 25620703. , SHCIL, 25, Gr Floor, Hazari Baug, Station Road, Vikhroli West, Mumbai-400083, 022-25779282, 25778466. , SHCIL, M1 Keshava Building, Bandra Kurla Complex, 

Bandra (E), Mumbai-400051, 022-26591252, 26591254. MUZAFFARPUR:, SHCIL, Domapokhar Bank Road, Near Sutapatty, Shyam Mandir Marg, Muzaffarpur-842001, 0621-2246222, 2246422. MYLAPORE:, SHCIL, Shop No:1B, Ground Floor, 4/180 Tnhb Complex, Luz Corner, Mylapore, Chennai-600004, 

044- 43536409, 24986972. MYSORE:, SHCIL, 442/3 & 4 1St Floor, Chamaraja Double Road, Ramaswamy Circle, Mysore-570024, 0821-2333860, 2333926. NAGPUR:, SHCIL, 3Rd Floor, Saraf Court, Opp Yeshwant Stadium, Dhantoli, Nagpur-440012, 0712 -6611595, 2443561, 6612258. , SHCIL, 1St Flr 

Vishnu Complex, Opp Rahate Hospital, C A Road, Nagpur-440008, 0712 -6643469/6643470, 6643499. NAIHATI:, SHCIL, Surya Kiran Apartment, Ground Floor, 212, R B C Road, Post Naihati, 24 Pgs(North), West Bengal-743165, 033 25023076, 25023080. NANDED:, SHCIL, 1St Floor Ramashish Bldg, 

Above Icici Bank Vip Rd, Nanded-431602, 02462-252962, 640474. NASIK:, SHCIL, F8, 1St Flr Suyojit Sanku, Adjacent To Rajiv Gandhi, Bhavan(Nmc) Sharapur Rd, Nasik-422002, 0253 -2232859. NAVI-MUMBAI:, SHCIL, Plot No.P-51, Ttc Industrial Area, Midc, Mahape, Navi Mumbai-400710, 022- 

61778500. , SHCIL, 11/12 Thakker Towers, Ground Floor, Sector 17, Vashi Navi Mumbai-400703, 022- 27897167/70, 27897170. , SHCIL, Shop No 1 Yashogandh Chs, Middle Class Chs, Near Rupali Theatre, Old Panvel-410206, 022-27462056/57, 27462057. NAVSARI:, SHCIL, 2288/101 1St Floor, 

Nanuvishnudham, Swami Vivekanand Road., Kansarawad Navsari-396445, 02637-249403/01/25, 645613. NELLORE:, SHCIL, H No 16/1102 Ground Flr., Moon Land Apartments, K V Agraharam Pogathota, Nellore-524001, 0861-2343480, 2343481. NIZAMABAD:, SHCIL, Kavitha Complex, Block E 1St 

Floor, Godown Road, Nizamabad-503001, 0846-2232233, 22322355. NOIDA:, SHCIL, P/5 , 203 2Nd Floor, Ocean Plaza, Sector-18, Noida U P-201301, 0120-2516368/69, 25163704217077. PALAKKAD:, SHCIL, 1St Floor, Fort Centre, Complex, Fort Maidan, Stadium Bye Pass Road, Palakkad-678001, 0491 

2510851, 2510861. PANCHKULA:, SHCIL, Sco-64, 1St Floor, Sector-11, Panchkula-134109, 0172-4635063, 4639064. PATAN:, SHCIL, 55, 56, 57, 2Nd Floor, Shreedev Complex, Station Road, Patan-384265, 02766-222920, 222921. PATIALA:, SHCIL, No. 6 & 7, Leela Bhavani Market, Patiala-147001, 

0175-2201890, 2304678. PATNA:, SHCIL, 301-305, Ashiana Plaza, Budh Marg, Patna-800001, 0612-2231167/3292768, 2201129/ 6171. PHAGWARA:, SHCIL, Scf 31, First Floor, Near Arjun Mall, Guru, Hargobind Nagar Market, Phagwara, Punjab-144401, 01824-262725, 262981. PONDICHERRY:, SHCIL, 

201, 1St Floor Mission, Street, Pondicherry-605001, 0413-2331751, 2331752/55. PORBANDAR:, SHCIL, Purusharth, Ground Floor, Behind Aroon Photo Studio, M.G.Road, Porbandar-360575, 0286 -2203144, 2215884. PUNE:, SHCIL, 5/33 Agarkar Nagar, Boat Club Road, Near Alankar Theatre, Pune-411001, 

020-26050115, 26050116. , SHCIL, Sneh Leela Apt, 1St Floor, Apte Road, Deccan Gymkhana, Pune-411004, 020-25520418/25521842, 25521843. RAICHUR:, SHCIL, Shreyansh Tower 1St Frl, 11/2/59/A-1 M G Rd Above, Bank Of Maharashtra, Raichur-584101, 0853-2225049/50. RAIPUR:, SHCIL, 222- 

223, Rishabh Complex, M.G.Road Behind Hotel All, Near Raipur, Raipur-492001, 0771-2534212, 4034155. RAJAHMUNDRY:, SHCIL, 7-28-32, 2Ndfloor, Jupudy Complex, T. Nagar, Rajahmundry-533101, 0883-2439476, 2476761. RAJKOT:, SHCIL, Shree Sadguru Complex, 1St Flr, Opp.Tirupati, Petrol Pump, 

Kalawad Road, Rajkot-360007, 0281-2478004, 2478006. , SHCIL, Orbit Complex, Grnd Floor, Nr. Sadar Police Chowky, Sadar Bazar, Rajkot-360001, 0281 244959. RANCHI:, SHCIL, 5, Arjan Place, 3Rd Floor, Main Road, Ranchi-834001, 0651-2331632, 2330938. ROURKELA:, SHCIL, Plot No:307/2050, 

Behind Pani Market Comple, Udit Nagar, Rourkela-769012, 0661-2500051, 0661-2500056. SALEM:, SHCIL, Shop No: 5/1, First Floor, Sri Lakshmi Complex, No 76, Cherry Road, Opp To Govt Arts College-636007, 0427-2418648, 2418649/50/58. SANGLI:, SHCIL, Gomtesh Padmavati, 111/112 Mahaveer 

Nagar, Sangli-416416, 0233- 2623252/51, 2623253. SATNA:, SHCIL, Shop No 1 , 1St Floor , K B Complex, Seemariya Chowk , Rewa Rd, Satna (Mp)-485001, 07672-411095. SECUNDERABAD:, SHCIL, G9-G10 Gr Floor Bhuvana, Towersnear (Cmr Building), Near Manju Theartre, S D Road , Secunderabad- 

500003, 040-27803394, 27803395. SHIMLA:, SHCIL, 201 P. C. Chambers, Near, Ritz Cinema Road, The Mall, Shimla-171001, 0171-2803737, 2804747. SHIMOGA:, SHCIL, 1St Flr, Sangappa Complex, Garden Area, 3Rd Cross, Beside State Bank Of Hyd, Shimoga-Karnataka-577201, 08182 -227785, 227786/ 

227745. SILCHAR:, SHCIL, N.N.Dutta Road, Near Guruduwara, Cachar Slichar, Assam-788001, 03842-230120/26. SOLAN:, SHCIL, Platinum Mall Ground Frl, South Enclave Bye Pass, Saproon, Solan-173211, 01792-225464/65. SOLAPUR:, SHCIL, 148 Railway Lines, Nr Nav Bharat Gas Agency, Dufferin 

Chowk , Solapur-413001, 0271-2310093/94. SRI GANGA NAGAR:, SHCIL, 21/A Bhardwaj Bhavan, 1St Floor Ravindrapath, Sri Ganga Nagar, Rajasthan-335001, 0154-2440993, 24422022444202. SURAT:, SHCIL, 311, Shyam Chambers, Opp. Sub Jail, Ring Road, Surat-395002, 0261-2321281/82/83. 

SURENDRA NAGAR:, SHCIL, First Flr Above Himanshu, Textorium Jawahar Rd, Derasar Chownk, Surendra Nagar-363001, 02752- 220075, 228237. THANE:, SHCIL, No1 Crystal Court, 1St Flr, Near Thane Janata Bank, B Cabin Road, Shivaji, Nagar, Naupada Thane(W)-400602, 022-25451752/25453791, 

25453790/2545. TINSUKIA:, SHCIL, Shyam Kunj Complex, Opp Hero Honda Show Room, Chirwayapatty Rd, Tinsukia-786125, 0374-2336010. TIRUPATI:, SHCIL, Shop No 10 1St Flr, Sridevi Complex, Tilak Road, Tirupati-517501, 0877-2220202, 2222724. TRICHUR:, SHCIL, Pooma Complex, 3Rd Floor, 

M G Road, Trichur-680001, 0487 2445657, 2445657. TRICHY:, SHCIL, A-1, Srishti Court, Ground Floor, Salai Road, Woraiyur Trichy-620003, 0431-2750927, 2750928. TRIVANDRUM:, SHCIL, Sowbhagya, T.C.3/2730-2, Palace View Lane, Pattom Palace P.O., Trivandrum-695004, 0471-2543133, 2543032. 

TUTICORIN:, SHCIL, Anbu Medical Complex, First Floor, 285/8 D, Wgc Road, Tuticorin-628002, 0461-2327638. UDAIPUR:, SHCIL, 101, Anand Plaza, University Road, Nr. Aayad Bridge, Udaipur-313001, 0294-2429575, 24295095101866. UDIPI:, SHCIL, 3Rd Floor, Shriram Arcade, Opp Head Post Office, 

Udupi-576101, 0820-2535404, 0820-2535405. UJJAIN:, SHCIL, 103 -104, Siddhivinayak Trade Cente, Opp Shaheed Park, Freeganj, Ujjain-Mp-456010, 0734-4014174, 2515961. VARANASI:, SHCIL, Kuber Complex, 4Th Floor, D-58/2 Rath Yatra, Varanasi-221010, 0542-2226818, 2226897/ 2226098. SHCIL, 

Shop No 7, Kashiraj Apartment, Kammachha, Varanasi-221010, 0542-2455732, 2455734. VELLORE:, SHCIL, Nexus Tower, 3Rd Flr No:6, Officer Line, Opp.Voorhees School, Vellore-632001, 0416-2221894, 2221895. VERAVAL:, SHCIL, First Floor, Swastik Complex, Bus Station Road, Veraval-362265, 

02876 -244202, 244203. VIJAYWADA:, SHCIL, D No 27-14-47 Opp, Buckingham Post Off, Rajagopalchari Street, Governerpet Vijaywada-520002, 0866- 6666898/2579004, 2579002. VISHAKAPATNAM:, SHCIL, 30-15-28 Silver Willow, 2Nd Floor, Dabha Garden, Vishakapatnam-530020, 0891- 2752070, 

2716577/78. VISNAGAR: SHCIL, 48, Sukhnivas Complex, 1St Flr Station Road, Visnagar-384315, 02765-227610, 227620. WARANGAL: SHCIL, Shop No-16, Mayuri Bvss, Complex H.No-5-9-36/37, Lashkar Bazar Hanamkonda, Main Road , Warangal-506001, 0870-6565113, 2553318. WARDHA: SHCIL, 

Shop No 3 & 4 Sun Complex, Rajkala Rd, Opp Maharashtr Bank, Wardha Maharashtra-442001, 07152-251925, 251927. YAVATMAL: SHCIL, Shcil, Shop No-18, 19, 20, 21, 1St Floor, Super Bazar, Sbi Square, Yavatmal-445001, 07232-244884, 250276. 

SPA SECURITIES LIMITED 

AHMEDABAD: SPA Securities Limited, 401, Arjun Avenue, Near Nutan Nagrik Bank, Opp. Samartheshwar Mahadev, Ellisbridge, Ahmedabad-380006, Tel: 079-3001 3800. AGRA: SPA Securities Limited, Shope No-9, 10,11 Block No-17/2/4 Friends Wasan Plaza Sanjay Place Agra–282002, Tel: 0562-3058262- 

239. BANGALORE: SPA Securities Limited, 703-704 7th Floor Brigade Tower 135 Brigade Raod Banglore–560025, Tel: 080-4111 7006. CHANDIGARH: SPA Securities Limited, 1st Floor, Sco-307, Sector-38-D, Chandigarh-160009, Tel: 0172-4678545. CHENNAI: SPA Securities Limited, D.No-2 5th Floor 

Phase-Ii Kasi Arcade No-14 Sir Thayagarya Road T. Nagar Chennai–600017, Tel: 044-43993400. HYDERABAD: SPA Securities Limited, No 6-3-1109/5 & 6 2nd Floor G S Mall Sumaji Gudda Hyderabad -500082, Tel: 040-44331300. JAIPUR: SPA Securities Limited, Prime Plaza, 26 Gopal Bari Oppsite. 

Vidhayak Puri Police Station Khasakothi Jaipur–302001, Tel: 0141-4260000/29. KANPUR: SPA Securities Limited, Office No. 226 B, 2nd Floor, City Center, The Mall, Kanpur -208001, Tel: 0512-23911231. KOLKATA: SPA Securities Limited, Diamond Chambers Room No-8-0 8th Floor 4 Cowringhee 

Lane Kolkata-700016, Tel: 033-22521537. LUCKNOW: SPA Securities Limited, S-209 A 2nd Floor, Sky Hi Chamber, Saran Chamber 2, 11/05 Lane Park Road, Luck Now–226001, Tel: 0522-6051917. MEERUT: SPA Securities Limited, J-260, 2nd Floor Abu Plaza Abu Lane Meerut-250001, Tel: 0121-40181403. 

MUMBAI: SPA Securities Limited, 101-A, 10th Floor Mittal Court A-Wing Nariman Point Mumbai-400021, Tel: 022-40439000. SPA Securities Limited, 602 Embassy Centre Nariman Point Mumbai-400021, Tel: 022-22829706. NEW DELHI: SPA Securities Limited, 25 C Block Comunitey Center Janakpuri 

New Delhi–110058; Tel: 011-45675500/45586600. PATNA: SPA Securities Limited, 301 A, 3rd Floor Bhuwneshwar Plaza Near Magadh Stock Exchange Patna-800001, Tel: 0612-3249356/57. PUNE: SPA Securities Limited, 5 Shankar Smiriti Secound Floor Next To Kaka Halwai Prabhat Road Lane Number 

9/3, 39/25 Erandwna Off Kary Road Pune -411004, Tel: 020-30223276. 

TATA SECURITIES LIMITED 

AHMEDABAD : Tata Securities Limited, 12/A Gr Floor, Campus Corner 1, Near Pralhadnagar AUDA Garden, Satellite,Ahmedabad-380015; Tel: 66070012/66070018. . BANGALORE : Tata Securities Limited, No. 58/4, Ground Floor, 8th Main, 18th Cross Junction, Malleshwaram, Bangalore-560055; Tel: 

65322450/65322451. BHUBANESHWAR : Tata Securities Limited, Rajendra Vihar Block–‘D’ Forest park, Main Road, Bhubneshwar-751009; Tel: 6540127/6540141. CHANDIGARH : Tata Securities Limited, Gr Floor, SCO 147-148, Sector 9 C, Chandigarh-160017; Tel: 6625830/6544426. CHENNAI : Tata 

Securities Limited, Unit No. 1, 1st Floor, Mandira Apartment,23 A North Boag Road,Chennai–600017; Tel: 64509770/64509771. DEHRADHUN : Tata Securities Limited, 7/3 Shivam Tower, 2nd Floor, New Cantt Road, Dehradun–248001; Tel: 6050023/6050024. JAIPUR : Tata Securities Limited, Niddhi 

Kamal Towers, 37& 38 B, Banwara House, Ajmer Road, Jaipur-302006; Tel: 6507055/6455532. JAMSHEDPUR : Tata Securities Limited, 2nd Floor, Aditya Towers, Main Road, Bistupur, Jamshedpur-831001; Tel: 4036205/4036206. JAMSHEDPUR : Tata Securities Limited, Qtr No K3/39 H.S. Road,Telco 

Colony, Jamshedpur-831004; Tel: 6459406/6459437. KOLKATA : Tata Securities Limited, 1st Floor, Tata Centre, 43 J L Nehru Road, Kolkata-700071; Tel: 64993234/64993235. KOLKATA : Tata Securities Limited, HA-6, Sector-III, Salt Lake, Kolkata-700091; Tel: 23350746/23350750. LUCKNOW : Tata 

Securties Limited, Shalimar Logix, gr Flr, 4, Rana Pratap Marg, Behind Arif Castle, Lucknow-226001; Tel: 4036205/4036206. MADURAI : Tata Securities Limited, Plot No.1 K.K.Nagar, Opp: Jawahar Hospital, Aavin Milk Project Junction, Madurai-625020; Tel: 6450109/6450110. MUMBAI : Tata Securities 

Limited, 4 Nirmal Milan CHS Nehru Road Vile Parle (E), Mumbai-400057; Tel: 64572361/64572362. MUMBAI : Tata Securities Limited, 3rd Floor, Lodha I Think Techno Campus, Pokhran Road, Thane (West)-400607; Tel: 61827933/61827935. NAGPUR : Tata Securities Limited, Shriram Sham Tower, 

Block No.132, 1st Floor, SV Patel Marg, Kingsway Civil Lines, Nagpur–440001; Tel: 6450383. NEW DELHI : Tata Securities Limited, C/o TMF, 4th Flr, Kanchenjunga Bldg, Barakhamba Road, New Delhi-110001; Tel: 64640016/64640017. PUNE : Tata Securities Limited, Office No.11, 3rd Floor, Brahma 

Chambers,2010,Sadashiv Peth,Tilak Road, Pune-411030; Tel: 65000681/65000682. SECUNDERABAD : Tata Securities Limited, 1-7-284 to 293, Jade Arcade, M G Road, Secunderabad-500003; Tel: 23260178/23260179. 


47

48 


TRADING MEMBERS 

The Trading Members shall accept Application Forms only in such cities/ towns where the banking branches (escrow banks) are available. Details of such branches of the Escrow Banks where the Application Form along with the cheque/ demand draft submitted by a Non ASBA applicant shall be deposited 

by the Trading Members are available on the websites of NSE and BSE at www.nseindia.com and www.bseindia.com, respectively. 

LIST OF SELF CERTIFIED SYNDICATE BANKS (SCSBS) UNDER THE ASBA PROCESS 

Sr. Bank Branch Address Contact Person Contact Number Fax 

No. 

1 Axis Bank Limited Centralised Collections and Payment Hub (CCPH) 9th Floor, Solaris, C-Wing Opp L&T Gate No 6, Mr Kirit Rathod, Vice President 022-40754981/ 82/83/9820850829 022-40754996 

Saki Vihar Road, Powai, Mumbai – 400072 

2 State Bank of Hyderabad Gunfoundry, Hyderabad Sri Ashok Kulkarni 040-23387325 040-23387743 

3 Corporation Bank Capital Market Branch, Ist Floor, Earnest House, NCPA Marg, Nariman Point, Mumbai-400021 Mr. Amod Kumar 22841406/22842764/9870340031 022-22843823 

4 State Bank of Travencore Anakatchery Buildings, Y M C A Road, Statue, Thiruvananthapuram-695001 P.P. Muraleedharan 0471-2333676 0471-2338134 

5 IDBI Bank Limited IDBI Bank Limited, Central Processing Unit, Sarju House, 3rdFloor, Plot No 7, Street No. 15, Andheri MIDC, Rajiv Nair / Anoop Kumar Jaiswal 022-6670 0659/66700660 022-66700669/666 

Andheri (E), Mumbai, Pin : 400093 

6 State Bank of Bikaner & Jaipur Financial Super Market Branch, Apex Mall, Tonk Road, Jaipur Shri N K Chandak 0141-2744415/9413398505 0141-2744457 

7 Yes Bank YES Bank Limited, Tiecicon House, Second Floor, Dr. E Moses Road, Mahalaxmi, Mumbai 400 011 Mahesh Shirali / Manoj Bisht/ 022 66229031/ 9164/9070 022-24974875 

Shankar Vichare 

8 Punjab National Bank Capital Market Services Branch, PNB House, Fort, Sir P.M.Road, Mumbai Sh. K Kumar Raja 022- 22621122, 22621123, 022 – 22621124 

9 Deutsche Bank Sidrah, 110, Swami Vivekananda Road, Khar (West), Mumbai- 400052 Mrs. Anne Narielwala (91) (022) 6600 9428 (91) 

Ms. Pallavi Shilvalkar (022) 6600 9419 

10 Union Bank of India Mumbai Samachar Marg, 66/80, Mumbai Samachar Marg, Post Bag No.253 & 518, Fort, Mumbai - 400023. Mr. D B Jaiswar 022-22629408 022- 22676685 

11 HDFC Bank Limited FIG – OPS Department, Lodha, I Think Techno Campus, O-3 Level, Next to Kanjurmarg Railway Station, Deepak Rane / Uday Dixit 022-30752928/30752927 022-25799801 

Kanjurmarg (East) Mumbai - 400 042 Maharashtra. 

12 Bank of Baroda Mumbai Main Office, Mumbai Samachar Marg, Fort, Mumbai 400 023. Mr. Sonu A. Arekar 40468314/40468307 022-22835236 

13 ICICI Bank Ltd Capital Market Division, No. 30, Mumbai Samachar Marg, Fort, Mumbai 400 001. Roshan Tellis 022-22627600 022-22611138 

14 Vijaya Bank Head Office Bldg 41/2,M G Road Bangalore Karnataka State 560001 BM 080-25584385 

15 Bank of Maharashtra Fort Branch, 1stFloor, Janmangal, 45/47, Mumbai Samachar Marg, Mumbai – 23 A D Deshpande 022-22694160/22652595/22663947/ 022-22681296 

(Assistant General Manager) 9730000438 

16 State Bank Of India Capital Market Branch (11777), Videocon Heritage Building (Klick House), Charanjit Rai Marg, Fort, Mumbai-400 001 Mr. Anil Sawant,Deputy Manager 022-22094932/9870498689 022-22094921 

17 Andhra Bank 18, Homi Modi Street, Nanavati Mahalaya, Fort Branch, Mumbai-400023. Seshagiri Rao Jonnakuti 02222026088/22047626 

18 HSBC Limited 3rd Floor, PCM Dept. Umang, Plot CTS No. 1406-A/28, Mindspace, Malad (West) Mumbai 400 064 Mr Jagrut Joshi 022-67115485/9870403732 022-66536005 

(address of IPO Operations office) 

19 Kotak Mahindra Bank Ltd Kotak Infiniti, 6th Floor, Building No. 21, Infinity Park, Off Western, Express Highway, General AK Vaidya Marg,Malad (E) Prashant Sawant 022-66056959/9967636316 022-66056642 

20 Bank of India Stock Exchange Branch, Phiroze Jeejeebhoy Tower, (New Stock Exchange Bldg), P. J. Tower, Dalal Street, Shri Navin Kumar Pathak, 022-22723631/1677/ 022-22721782 

Fort, Mumbai – 400 023. Senior Manager 9619810717 

21 CITI Bank Citigroup Center, Plot No C-61, Bandra-Kurla Complex, Bandra (E), Mumbai - 400 051 S Girish 022-26535504/98199 12248 022-26535824 

22 IndusInd Bank IndusInd Bank Ltd. Fort Branch, Sonawalla Bldg, Mumbai Samachar Marg, Fort, Mumbai 400001 Yogesh Adke, Dy. Vice President 66366589 / 91 / 92, 9833670809 022-22644834 

23 Allahabad Bank Allahabad Bank, Fort Branch, 37, Mumbai Samachar Marg, Post Box No. 282, Mumbai, Maharashtra 400 023 Shri S. K. Jain, Chief Manager 022-22655739/22662018 022-22661935 

24 Karur Vysya Bank Ltd Demat Cell, Second Floor,No 29,Rangan Street, T Nagar, Chennai - 600 017 Nori Subrahmanyam 044-24340374 044-24340374 

25 The Federal Bank Limited ASBA Cell, Retail Business Dept., Federal Bank, Marine Drive, Ernakulam 682031 Dhanya Dominic 0484-2201847 0484-2385605 

26 Indian Bank Nandanam Branch- 480 Anna Salai, Nandanam 600035 Mr. V Muthukumar / Mr. M Veerabahu 044 24330233 044 24347755 

27 Central Bank of India Ground floor, Central Bank of India, Central Bank Building, Fort, Mumbai 400001 Mr. Vineet Bansaj 022-22623148/22623149 022-22623150 

28 Oriental Bank of Commerce 67, Bombay Samachar Marg, Sonawala Building, Fort,Mumbai -400001 Shri B.K. Palrecha, 022-22654791/95 022-22654779 

Asstt. General Manager 

29 Standard Chartered Bank Crescenzo, 3 rd Floor, C/38-39, G-Block, Opp. MCA Club, Brandra-Kurla, Complex, Bandra(E), Mumbai 400 051 Rohan Ganpule 022-61157250 / 022-61157234 022-26757358 

30 J P Morgan Chase Bank, N.A. J.P. Morgan Tower, Off C.S.T. Road, Kalina Santacruz - East, Mumbai - 400 098 Nandita Halady 022-6157 3833 022-6157 3910 

31 Nutan Nagrik Sahakari Bank Ltd. Opp samratheshwar mahadev, Nr, Law Garden, Ellisbbridge. Miti shah 9879506795 07926564715 

32 UCO Bank Mumbai Main (Retail) Br., UCO Bank Bldg., D. N. Road, Mumbai- 400 023 Manager 022 40180105 2222870754 

33 Canara Bank Merchant Banking Division, 407, 4thFloor, Himalaya House, 79, Mata Ramabai Ambedkar Marg, Mumbai 400 001 Mr. Arvind Namdev Pawar 022-22661618, 22692973, 9969670141 022-22664140 

34 United Bank of India Global Cash Management Services Hub, 4th Floor, United Bank of India, United Tower, Head Office,11, AGM (CMS & Demat) 03322624175/03322624176 033-22624176 

Hemanta Basu Sarani, Kolkata – 700 001. 

35 Syndicate Bank Capital Market Services Br. 26A, First Floor, SyndicateBank Bldg, P.M. Road, Fort, Mumbai - 1 P Padmavathy Sundaram, Chief Manager 022-22621844 022-22700997 

36 South Indian Bank ASBA Cell (NODAL OFFICE)1st Floor, SIB Building, Market Road, Ernakulam – 682035, Kerala, India. John K Mechery 9645817905 0484-2351923 

37 Indian Overseas Bank Chennai DP Branch, Mezzanine Floor, Cathedral Branch, 762, Anna Salai, Chennai 600 002 Mr. R.S. Mani / Mr. M. Sasikumar 044-28513616/ 28513617/ 28513618 044-28513619 

38 Tamilnad Mercantile Bank Ltd. Tamilnad Mercantile Bank Ltd.,Depository Participant Services Cell, Third Floor, Plot No.4923, Ac/16, 2nd Avenue, Mr. K. Natarajan 044-26192552 044-26204174 

Anna Nagar (West), Chennai - 600 040, Tamilnadu, India 

39 City Union Bank Ltd. 48, Mahalakshmi St.,T.Nagar, Chennai - 600 017. Sivaraman 044-24340010, 24343517, 044-24348586 

24346060, 24348586, 9380286558, 

9382642081, 9380286558 

40 BNP Paribas BNPParibas House, 1, North Avenue, Maker Maxity, Bandra Kurla Complex, Bandra (East), Mumbai – 400051 Mr. Prem Mariwala, Mr. Dipu SA, 022-61964570, 61964594, 61964592 022- 61964595, 61964595, 

Ms Prathima Madiwala 61964595 

41 The Kalupur Commercial Kalupur Bank Bhavan, Nr. Income Tax Circle, Ashram Road, Ahmedabad-380 014 Jay V. Pathak Manager 079-27582028 079-27544666 

Co-Operative Bank Ltd. 

42 Bank of America N.A. EA Chambers, Express Avenue 8th Floor No. 49, 50L, Whites Road, Royapettah, Chennai 600014 Swaminathan Ganapathy/A S Sreedharan 044-42904526 044-43528911 

43 The Lakshmi Vilas Bank Ltd. Bharat House, Ground Floor, 104, Bombay Samachar Marg, Fort Mumbai - 400 001. S Ramanan 022-22672255, 22672247(M), 022-22670267 

22673435(CM) 

44 State Bank of Patiala CO 99-102, Sector - 8C, Chandigarh Shri. Amarjit Singh Girn 0172-2779116, 2546124, 2543868/ 0172-2546080 

9779586096 

45 State Bank of Mysore Dalal Street, P.B.No.1066, #24/28, Cama Building, Dalal Street, Fort, Mumbai-400 001. Mr. Shailendrakumar 07208048007, 022- 22678041 022-22656346 

46 The Surat Peoples Co-op Bank Ltd Central Office.Vasudhara Bhavan, Timaliyawad, Nanpura, Surat – 395001 Mr. Iqbal Shaikh 0261-2464577 0261-2464577, 592 

47 Dhanlaxmi Bank Limited The Dhanlaxmi Bank Ground Floor, Janmabhoomi Bhavan, Plot 11 -12, Janmabhoomi Marg, Fort Mumbai, Maharashtra - 400 001 Gunavati karkera 022 – 2202535 022-22871637 

48 The Saraswat Co-operative Bank Ltd. Madhushree, Plot No. 85, 4 th Floor, District Business Centre, Sector – 17, Vashi, Navi Mumbai – 400703 Mr. A. A. Bhatia (O) 27884161, 27884162, 27884163, 27884153 

27884164, (M) 9820505121 

49 DBS Bank Ltd DBS Bank Ltd, Fort House, 221, Dr. D.N. Road, Fort, Mumbai, 400 001 Amol Natekar 022- 6613 1213 022-6752 8470 

50 Dena Bank Dena Bank, Capital Market Branch, 17, B, Horniman Circle, Fort, Mumbai – 23 Branch Manager 022-22661206, 22702881 022-22694426/22702880 

51 Karnataka Bank Ltd The Karnataka Bank Ltd, Mangalore–H O Complex Branch, Mahaveera Circle, Kankanady, Mangalore – 575002 Ravindranath Baglodi, Sr. Manager 0824-2228139/140/141 0824-2228138 

52 TThe Ahmedabad Mercantile Co-Op. Bank Ltd. Head office :-”Amco House”, Nr. Stadium Circle, Navrangpura, Ahmedabad-09 Bimal P Chokshi 079-26426582-84-88 079-26564863 

53 ING Vysya Bank No.69, Ramaiah Complex Roopena Agrahara,Hosur Road, Bangalore - 560068 Yoganand J 25005000 

54 Janata Sahakari Bank Ltd. N S D L Department, Bharat Bhavan, 1360, Shukrawar Peth, Pune - 411002 Shri Ajit Manohar Sane 020-24431011, 020-24431016, 020-24431014 

+91--9503058993 

For further details, Please see the List of Self Certified Syndicate Banks (SCSBs) under the ASBA Process at http://www.sebi.gov.in/sebiweb/home/list/5/33/0/0/Recognised-Intermediaries

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