contain such details will be rejected. Applications made by the RIBs using third party bank account or using third party linked
bank account UPI ID are liable for rejection.

RIBs bidding using the UPI Mechanism must provide the valid UPI ID in the relevant space provided in the Bid cum Application
Form and the Bid cum Application Form that does not contain the UPI ID are liable to be rejected.

ASBA Bidders were required to ensure that the Bids were made on ASBA Forms bearing the stamp of the Designated
Intermediary, submitted at the Bidding Centres only (except in case of electronic ASBA Forms) and the ASBA Forms not bearing
such specified stamp were liable to be rejected. RIBs using UPI Mechanism, were required to submit their ASBA Forms with
the Syndicate, Sub-Syndicate members, Registered Brokers, RTAs or CDPs. RIBs authorising an SCSB to block the Bid Amount
in the ASBA Account were required to submit their ASBA Forms with the SCSBs. ASBA Bidders were also required to ensure
that the ASBA Account has sufficient credit balance as an amount equivalent to the full Bid Amount which can be blocked by
the SCSB or by Sponsor Bank under the UPI Mechanism, as applicable at the time of submitting the Bid.

Anchor Investors were not permitted to participate in the Issue through the ASBA process. For Anchor Investors, the Anchor
Investor Application Form will be available with the Book Running Lead Managers.

The prescribed colour of the Bid cum Application Form for the various categories is as follows:

 

 

 

 

 

 

 

 

 

Category Colour of Bid cum
Application Form*
Resident Indians, including resident QIBs, Non-Institutional Bidders, Retail Individual Bidders and White
Eligible NRIs applying on a non-repatriation basis
Non-residents including Eligible NRIs, FVCIs, FPIs and registered bilateral and multilateral institutions Blue
applying on a repatriation basis
Anchor Investors. White
Eligible Employees Bidding in the Employee Reservation Portion Pink
* Excluding electronic Bid cum Application Forms
Notes:

(1) Electronic Bid cum Application forms and the abridged prospectus were also made available for download on the website of NSE
(www.nseindia.com) and BSE (www.bseindia.com)
(2) Bid cum Application Forms for Anchor Investors were made available at the offices of the Book Running Lead Managers

In case of ASBA Forms, Designated Intermediaries were required to upload the relevant bid details in the electronic bidding
system of the Stock Exchanges.

Subsequently, for ASBA Forms (other than RIBs using UPI Mechanism). Designated Intermediaries (other than SCSBs) were
required to submit / deliver the ASBA Forms to the respective SCSB where the Bidder has an ASBA bank account and were
required not to submit it to any non-SCSB bank or any Escrow Collection Bank. Stock Exchanges were required to validate the
electronic bids with the records of the CDP for DP ID/Client ID and PAN, on a real time basis and bring inconsistencies to the
notice of the relevant Designated Intermediaries, for rectification and re-submission within the time specified by Stock
Exchanges. Stock Exchanges allowed modification of either DP ID/Client ID or PAN ID, bank code and location code in the
Bid details already uploaded.

For RIBs using UPI Mechanism, the Stock Exchanges were required to share the Bid details (including UPI ID) with the Sponsor
Bank on a continuous basis through API integration to enable the Sponsor Bank to initiate UPI Mandate Request to RIBs for
blocking of funds. The Sponsor Bank initiated request for blocking of funds through NPCI to RIBs, who could accept the UPI
Mandate Request for blocking of funds on their respective mobile applications associated with UPI ID linked bank account. The
NPCI maintained an audit trail for every Bid entered in the Stock Exchanges bidding platform, and the liability to compensate
RIBs (Bidding through UPI Mechanism) in case of failed transactions is with the concerned entity (i.e. the Sponsor Bank, NPCI
or the issuer bank) at whose end the lifecycle of the transaction had come to a halt. The NPCI was required to share the audit
trail of all disputed transactions/ investor complaints to the Sponsor Banks and the issuer bank. The Sponsor Banks and the
Bankers to the Issue were required to provide the audit trail to the Book Running Lead Managers for analysing the same and
fixing liability.

The Sponsor Bank will undertake a reconciliation of Bid responses received from Stock Exchanges and sent to NPCI and will
also ensure that all the responses received from NPCI are sent to the Stock Exchanges platform with detailed error code and
description, if any. Further, the Sponsor Bank will undertake reconciliation of all Bid requests and responses throughout their
lifecycle on daily basis and share reports with the Book Running Lead Managers in the format and within the timelines as
specified under the UPI Circulars. Sponsor Bank and issuer banks shall download UPI settlement files and raw data files from
the NPCI portal after every settlement cycle and do a three way reconciliation with Banks UPI switch data, CBS data and UPI
raw data. NPCI is to coordinate with issuer banks and Sponsor Banks on a continuous basis.

379
