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ISSUE STRUCTURE

In document SPA THE FINANCIAL ADVISORS (Page 48-50)

ANNEXURE III SUMMARY STATEMENT OF CASH FLOWS, AS RESTATED

ISSUE STRUCTURE

The present Issue of [●] Equity Shares, at a price of ` [●] for cash aggregating ` 4,000 lakhs, is being made through the 100% Book Building Process. Our Company is considering a Pre-IPO Placement of up to [●] Equity Shares, for cash consideration aggregation up to ` 1,000 lakhs with certain investors. The Pre-IPO Placement is at the discretion of our Company. Our Company will complete the issuance and allotment of such Equity Shares, if any, prior to the filing of the Red Herring Prospectus with the RoC. If the Pre-IPO Placement is completed, the Issue size would be reduced to the extent of such Pre-IPO Placement, subject to a minimum Issue size of 25% of the post-Issue paid-up equity capital being offered to the public.

Particulars QIBs Non-Institutional

Bidders

Retail Individual Bidders Number of

Equity Shares*

Not more than [●] equity shares or Issue less allocation to Non-Institutional Bidders and Retail Bidders

Not less than [●] equity shares or Issue less allocation to QIB Bidders and Retail Individual Bidders

Not less than [●] equity shares or Issue less allocation to QIB Bidders and Non-Institutional Bidders Percentage of Issue Size available for allocation

Not more than 50% of the Issue (of which 5% shall be available for allocation for Mutual Funds) or Issue less allocation to Non- Institutional Bidders and Retail Bidders. Mutual Funds participating in the 5% reservation in the QIB Portion will also be eligible for allocation in the remaining QIB Portion. The unsubscribed portion, if any, in the Mutual Fund portion will be available to remaining QIBs.

Not less than 15% of the Issue or Issue less allocation to QIB Bidders and Retail Individual Bidders

Not less than 35% of the Issue or Issue less allocation to QIB Bidders and Non-Institutional Bidders Basis of Allocation if respective category is oversubscribed Proportionate as follows:

(a) Upto [●] Equity Shares shall be allocated on a proportionate basis to Mutual Funds in the Mutual Funds Portion;

(b) Balance [●] Equity Shares shall be allocated on a proportionate basis to all QIBs including Mutual Funds receiving allocation as per (a) above.

Proportionate Proportionate

Minimum Bid / Bid lot

Such number of Equity Shares that the Bid Amount exceeds ` 2,00,000 and in multiples of [●] Equity Shares thereafter.

Such number of Equity Shares that the Bid Amount exceeds ` 2,00,000 and in multiples of [●] Equity Shares thereafter.

[●] Equity Shares and in multiples of [●] Equity Shares thereafter.

Maximum Bid / Bid lot

Such number of equity shares not exceeding the Issue, subject to regulations as applicable to the Bidder.

Such number of equity shares not exceeding the Issue subject to regulations as applicable to the Bidder.

Such number of Equity Shares so as to ensure that the Bid Amount does not exceed ` 2,00,000

Mode of Allotment

Compulsorily in dematerialised form Compulsorily in dematerialised form

Compulsorily in dematerialised form

Allotment lot [●] equity shares and in multiple of 1 equity

share thereafter [●] equity shares and in multiple of 1 equity share thereafter

[●] equity shares and in multiple of 1 equity share thereafter

Particulars QIBs Non-Institutional Bidders

Retail Individual Bidders Who can

Apply**

Public financial institutions, as specified in Section 4A of the Companies Act, scheduled commercial banks, mutual funds, foreign institutional investor registered with SEBI, multilateral & bilateral development financial institutions, Venture Capital Funds registered with SEBI, foreign Venture capital investors registered with SEBI, State Industrial Development Corporations, Insurance Companies registered with the Insurance Regulatory and Development Authority, Provident Funds with minimum corpus of ` 2,500 lakh and Pension Funds with minimum corpus of ` 2,500 lakh, National Investment Fund set up by Resolution No. F. No. 2/3/2005-DDII dated November 23, 2005 of Government of India published in the Gazette of India, insurance funds set up and managed by the army, navy and air force of the Union of India, and insurance funds set up and managed by the Department of Posts, GoI.

Resident Indian individuals, HUF (in the

name of Karta), companies, corporate bodies, NRIs, societies and trusts

Individuals (including NRIs and HUFs in the name of Karta) applying for Equity Shares such that the Bid Amount does not exceed ` 200,000 in value.

Terms of Payment

The entire Bid Amount on bidding, to be blocked by the SCSBs pursuant to Bids being submitted by ASBA Bidder

The entire Bid Amount on bidding, to be blocked by the SCSBs pursuant to Bids being submitted by ASBA Bidder

The entire Bid Amount shall be payable at the time of submission of Bid cum Application Form to the Members of the syndicate. In case of ASBA Bidders, the SCSBs shall be authorised to block such funds in the bank account of the ASBA Bidder that are specified in the Bid cum Application Form. * Subject to valid bids being received at or above the Issue Price. Under subscription, if any, in any category would be met with spill-over from other categories or a combination of categories in accordance with applicable laws, regulations and guidelines. Investors may note that in case of over-subscription in the Issue, allotment to QIB Bidders, Non-Institutional Bidders and Retail Individual Bidders shall be on a proportionate basis

** In case the Bid cum Application Form is submitted in joint names, the investors should ensure that the demat account is also held in the same joint names and in the same sequence in which they appear in the Bid cum Application Form.

In document SPA THE FINANCIAL ADVISORS (Page 48-50)