 

Description

 

or through any body corporate, directly or indirectly, held more than 10% of the outstanding Equity Shares
of our Bank.

‘The maximum Bid Amount under the Employee Reservation Portion by an Eligible Employee could not
exceed % 500,000 (net of Employee Discount). However, the initial Allotment to an Eligible Employee in
the Employee Reservation Portion could not exceed % 200,000. Only in the event of under-subscription in
the Employee Reservation Portion, the unsubscribed portion was permitted to be available for allocation
and Allotment, proportionately to all Eligible Employees who have Bid in excess of % 200,000, subject to
the maximum value of Allotment made to such Eligible Employee not exceeding = 500,000 (net of
Employee Discount)

 

Eligible NRIG)

NRI(s) from jurisdictions outside India where it is not unlawful to make an offer or invitation under the
Issue and in relation to whom the Bid cum Application Form and the Red Herring Prospectus constituted
an invitation to subscribe to or to purchase the Equity Shares

 

Employee Discount

Our Bank and the Selling Shareholders, in consultation with the Book Running Lead Managers, offered a
discount of % 30 per Equity Share to Eligible Employees and which was announced at least two Working
Days prior to the Bid / Issue Opening Date

 

Employee Reservation Portion

‘The portion of the Issue being 500,000" Equity Shares, aggregating to & 137.50" million available for
allocation to Eligible Employees, on a proportionate basis, constituting 0.47% of the post-Issue paid-up
Equity Share capital of our Bank

Further, a discount of & 30 per Equity Share was offered to Eligible Employees, bidding in the Employee
Reservation Portion in accordance with the SEBI ICDR Regulations and details of which were announced
at least two Working Days prior to the Bid / Issue Opening Date

* Subject to finalisation of Basis of Allotment

 

Escrow Accouni(s)

The account(s) opened with the Escrow Collection Bank and in whose favour the Anchor Investors
transferred money through NACH/direct credit/NEFT/RTGS in respect of the Bid Amount when submitting
a Bid

 

Escrow Collection Bank

Bank which is a Clearing member and registered with SEBI as a banker to an issue under the SEBI BTI
Regulations and with whom the Escrow Account(s) has been opened, in this case being ICICI Bank Limited

 

First Bidder or Sole Bidder

Bidder whose name is mentioned in the Bid cum Application Form or the Revision Form and in case of
joint Bids, whose name also appears as the first holder of the beneficiary account held in joint names

 

Floor Price

‘The lower end of the Price Band, being % 303 per Equity Share, not being less than the face value of Equity
Shares, at or above which the Issue Price and the Anchor Investor Issue Price was finalised and below which
no Bids were accepted

 

Fresh Issue

Fresh issue of 8,150,000 Equity Shares aggregating to & 2,479.35" million by our Bank.

*Our Bank has undertaken a Pre-IPO placement of 5,208,226 Equity Shares comprising (i) a private
placement of 3,084,833 Equity Shares to SBI Life Insurance Company Limited for cash at a price of
291.75 per Equity Share aggregating to approximately % 900.00 million; (ii) a private placement of
1,713,795 Equity Shares to Axis Flexi Cap Fund for cash at a price of 291.75 per Equity Share aggregating
to approximately % 499.99 million; (iii) a private placement of 342,760 Equity Shares to Axis Equity Hybrid
Fund for cash at a price of % 291.75 per Equity Share aggregating to approximately & 100.00 million; and
(iv) a private placement of 66,838 Equity Shares to Kiran Vyapar Limited for cash at a price of % 291.75
per Equity Share aggregating to approximately 19.50 million pursuant to shareholders’ resolution dated
February 13, 2021 and the resolution of the board dated February 23, 2021. The size of the Fresh Issue was
reduced by 5,208,226 Equity Shares pursuant to the Pre-IPO Placement. Further, pursuant to the resolution
of the Board dated March 2, 2021, our Bank has also increased the Fresh Issue size by 1,763,226 Equity
Shares (within the limits for Fresh Issue approved by our shareholders on July 27, 2020). Accordingly, the
Fresh Issue size was 8,150,000 Equity Shares.

* Subject to finalisation of Basis of Allotment

 

Fugitive Economic Offender

An individual who is declared a fugitive economic offender under Section 12 of the Fugitive Economic
Offenders Act, 2018

 

“General Information
Document” or “GID”

The General Information Document for investing in public issues prepared and issued in accordance with
the SEBI circular no, SEBI/HO/CFD/DIL 1/CIR/P/2020/37 dated March 17, 2020 and the UPI Circulars, as
amended from time to time. The General Information Document shall be available on the websites of the
Stock Exchanges and the BRLMs

 

IA Termination Letters

Termination letters dated March 1, 2021, March 1, 202iand March 2, 2021 issued by Apneet Kahlon,
Chintan Harkantbhai Trivedi and Polaris Banyan Holding Private Limited, respectively, to the Bank, the
Selling Shareholders and the Book Running Lead Managers, terminating the Issue Agreement solely in
respect of themselves pursuant to the Withdrawal Letters

 

 

 

 

 

ICICI ICICI Securities Limited
TEL, TIFL Securities Limited
Issue ‘The initial public offer of Equity Shares comprising the Fresh Issue” and the Offer for Sale. The Issue

 

comprises the Net Issue and Employee Reservation Portion.

*Our Bank has undertaken a Pre-IPO placement of 5,208,226 Equity Shares comprising (i) a private
placement of 3,084,833 Equity Shares to SBI Life Insurance Company Limited for cash at a price of
291.75 per Equity Share aggregating to approximately % 900.00 million; (ii) a private placement of

 

 
