 

Sr.No Activities Responsibility Coordination

 

Offer, banker to the Offer, SCSBs including responsibility for underwriting
arrangements, as applicable.

Payment of the applicable securities transaction tax (“STT”) on sale of unlisted
equity shares by the Selling Shareholder under the Offer for Sale to the
Government and filing of the STT return by the prescribed due date as per Chapter
VII of Finance (No. 2) Act, 2004.

Co-ordination with SEBI and Stock Exchanges for Refund of 1% Security Deposit
and Submission of all post Offer reports including the Initial and final Post Offer
report to SEBI.

 

 

 

 

 

 

Book Building Process

Book Building Process, in the context of the Offer, refers to the process of collection of Bids from investors on the basis of the
Red Herring Prospectus and this Prospectus, the Bid cum Application Forms and the Revision Forms within the Price Band.
The Price Band, and minimum Bid Lot size was decided by our Company and the Investor Selling Shareholder, in consultation
with the BRLMs, and advertised in all editions of Financial Express, an English national daily newspaper and all editions of
Jansatta, a Hindi national daily newspaper and Hyderabad edition of Suryaa, a Telugu daily newspaper (Telugu being the
regional language of Telangana, where our Registered Office is located), each with wide circulation, at least two Working Days
prior to the Bid/Offer Opening Date and was made available to the Stock Exchanges for the purpose of uploading on their
respective websites. The Offer Price was determined by our Company and the Investor Selling Shareholder, in consultation
with the BRLMs after the Bid/Offer Closing Date.

All Bidders, except Anchor Investors, were mandatorily required to use the ASBA process for participating in the Offer
by providing details of their respective ASBA Account in which the corresponding Bid Amount will be blocked by
SCSBs. In addition to this, the RIBs may participate through the ASBA process by either (a) providing the details of
their respective ASBA Account in which the corresponding Bid Amount will be blocked by the SCSBs; or (b) through
the UPI Mechanism. Anchor Investors were not permitted to participate in the Offer through the ASBA process.

In accordance with the SEBI ICDR Regulations, QIBs and Non-Institutional Bidders are not allowed to withdraw or
lower the size of their Bids (in terms of the quantity of the Equity Shares or the Bid Amount) at any stage. Retail
Individual Bidders (subject to the Bid Amount being up to 200,000) and Eligible Employees Bidding in the Employee
Reservation Portion (subject to the Bid Amount being up %500,000, net of Employee Discount, if any) were not allowed
to revise their Bids during the Bid/Offer Period and withdraw their Bids on or before the Bid/Offer Closing Date.
Further, Anchor Investors were not allowed to withdraw their Bids after the Anchor Investor Bid/Offer Period.
Allocation to the Anchor Investors will be on a discretionary basis. Except for Allocation to RIBs and the Anchor
Investors, allocation in the Offer was on a proportionate basis.

For further details on the method and procedure for Bidding, see “Offer Structure” and “Offer Procedure” on pages 334 and
338, respectively.

Each Bidder by submitting a Bid in the Offer, will be deemed to have acknowledged the above restrictions and the terms
of the Offer.

The process of Book Building under the SEBI ICDR Regulations and the Bidding Process are subject to change from
time to time and the Bidders are advised to make their own judgment about investment through this process prior to
submitting a Bid in the Offer.

Bidders should note that, the Offer is also subject to obtaining (i) the final approval of the RoC after this Prospectus is filed
with the RoC; and (ii) final listing and trading approvals of the Stock Exchanges, which our Company shall apply for after
Allotment.

Illustration of Book Building and Price Discovery Process

For an illustration of the Book Building Process and the price discovery process, see “Offer Procedure” on page 338.

Underwriting Agreement

Our Company and the Selling Shareholders have entered into an Underwriting Agreement with the Underwriters for the Equity
Shares proposed to be issued and offered in the Offer. The Underwriting Agreement has not been executed as on the date of
this Prospectus and will be executed after the determination of the Offer Price and allocation of Equity Shares, but prior to the
filing of this Prospectus with the RoC. The Underwriting Agreement is dated December 16, 2021. Pursuant to the terms of the
Underwriting Agreement, the obligations of each of the Underwriters will be several and will be subject to certain conditions
specified therein.

The Underwriters have indicated their intention to underwrite the following number of Equity Shares:

72
