 

Particulars Eligible Employees* QIBs®) Non Institutional Bidders Retail Individual
Bidders

 

India, insurance funds set
up and managed by the
Department of Posts, India
and Systemically Important
NBFCs.

 

 

 

Terms of Payment In case of Anchor Investors: Full Bid Amount shall be payable by the Anchor
Investors at the time of submission of their Bids®

In case of all other Bidders: Full Bid Amount shall be blocked by the SCSBs in
the bank account of the ASBA Bidder or by the Sponsor Bank through the UPI
Mechanism (other than Anchor Investors) that is specified in the ASBA Form at the
time of submission of the ASBA Form

 

 

 

 

 

 

© Assuming full subscription in the Offer.

Eligible Employees Bidding in the Employee Reservation Portion made Bid up to a Bid Amount of 2500,000 (net of Employee Discount). However, a Bid
by an Eligible Employee in the Employee Reservation Portion will be considered for allocation, in the first instance, for a Bid Amount of up to 2200,000
(net of Employee Discount). In the event of under-subscription in the Employee Reservation Portion, the unsubscribed portion will be available for
allocation and Allotment, proportionately to all Eligible Employees who have Bid in excess of 2200,000, subject to the maximum value of Allotment made
to such Eligible Employee not exceeding 500,000 (net of Employee Discount). Further, an Eligible Employee Bidding in the Employee Reservation
Portion made Bid in the Retail Portion, and such Bids shall not be considered multiple Bids subject to applicable limits. However, Bids by Eligible
Employees Bidding in the Employee Reservation Portion can also Bid in the Net Offer and such Bids having been be treated as multiple Bids subject to
applicable limits. The unsubscribed portion if any, in the Employee Reservation Portion shall be added back to the Net Offer..

Our Company and the Investor Selling Shareholder in consultation with the BRLMs, offered a discount of 9.80% to the Offer Price (equivalent of ?78
per Equity Share) may be offered to Eligible Employees bidding in the Employee Reservation Portion in accordance with the SEBI ICDR Regulations
and details of which will be announced at least two Working Days prior to the Bid / Offer Opening Date.

(1) Our Company and the Investor Selling Shareholder, in consultation with the BRLMs may allocate up to 60% of the QIB Portion to Anchor Investors on
a discretionary basis, in accordance with the SEBI ICDR Regulations. One-third of the Anchor Investor Portion shall be reserved for domestic Mutual
Funds, subject to valid Bids being received from domestic Mutual Funds at or above the price at which allocation is being made to other Anchor Investors.
In the event of under-subscription or non-Allotment in the Anchor Investor Portion, the balance Equity Shares in the Anchor Investor Portion shall be
added to the Net QIB Portion. For details, see “Offer Procedure” on page 338.

2) This Offer is made in accordance with the Rule 19(2)(b) of the SCRR and is being made through the Book Building Process, in compliance with Regulation
6(1) of the SEBI ICDR Regulations.

(3) Full Bid Amount was required to be paid by the Anchor Investors at the time of submission of the Anchor Investor Application Forms, provided that any
difference between the price at which Equity Shares are allocated to the Anchor Investors and the Anchor Investor Offer Price, shall be payable by the
Anchor Investor Pay-in Date as mentioned in the CAN. Bidders were required to confirm and will be deemed to have represented to our Company, the
Selling Shareholder, the Underwriters, their respective directors, officers, agents, affiliates and representatives that they are eligible under applicable
law, rules, regulations, guidelines and approvals to acquire the Equity Shares. For details of terms of payment of applicable to Anchor Investors, see
General Information Document available on the website of the Stock Exchanges and the BRLMs.

(4) Incase of joint Bids, the Bid cum Application Form could contain only the name of the First Bidder whose name should also appear as the first holder
of the beneficiary account held in joint names. The signature of only such First Bidder were required in the Bid cum Application Form and such First
Bidder would have been deemed to have signed on behalf of the joint holders. Bidders will be required to confirm and were deemed to have represented
to our Company, the Selling Shareholders, the Underwriters, their respective directors, officers, agents, affiliates and representatives that they are eligible
under applicable law, rules, regulations, guidelines and approvals to acquire the Equity Shares. Our Company reserves the right to reject, in its absolute
discretion, all or any multiple Bids, except as otherwise permitted, in any or all categories.

Any unsubscribed portion remaining in the Employee Reservation Portion shall be added to the Net Offer. Allotment to an
Eligible Employee in the Employee Reservation Portion may not exceed = 200,000 in value (net of Employee Discount).

Only in the event of an under-subscription in the Employee Reservation Portion, post the initial Allotment, such unsubscribed
portion may be Allotted on a proportionate basis to Eligible Employees Bidding in the Employee Reservation Portion, subject
to the total Allotment to an Eligible Employee not exceeding % 500,000 in value (net of Employee Discount).

Subject to valid Bids having been received at or above the Offer Price, under-subscription, if any, in the Non-Institutional
Portion or the Retail Portion was required to be allowed to be met with spill-over from other categories or a combination of
categories at the discretion of our Company and the Investor Selling Shareholder, in consultation with the BRLMs and the
Designated Stock Exchange, on a proportionate basis. However, under-subscription, if any, in the QIB Portion was not allowed
to be met with spill-over from other categories or a combination of categories. For further details, see “Terms of the Offer” on
page 329.

Employee Discount

Employee Discount, if any, will be offered to Eligible Employees bidding in the Employee Reservation Portion, and, at the
time of making a Bid. Eligible Employees bidding in the Employee Reservation Portion at a price within the Price Band can
make payment based on Bid Amount net of Employee Discount, at the time of making a Bid. Eligible Employees bidding in
the Employee Reservation Portion at the Cut-Off Price have to ensure payment at the Cap Price, less Employee Discount, at
the time of making a Bid.

In case of any revision in the Price Band, the Bid/ Offer Period shall be extended for at least three additional Working

Days after such revision of the Price Band, subject to the total Bid/ Offer Period not exceeding 10 Working Days. Any
revision in the Price Band, and the revised Bid/ Offer Period, if applicable, shall be widely disseminated by notification

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