 

Name, address, telephone and e-mail of the Underwriters Indicative Number of ‘Amount
Equity Shares to be Underwritten
Underwritten (in million)

P.B. Marg, Worli

Mumbai 400 025

Maharashtra, India

Tel: (91 22) 4325 2183

E-mail: cal.ipo@axiscap.in

IIFL Securities Limited 2,764,080 4,118.48

10th Floor, IIFL Centre, Kamala City

Senapati Bapat Marg, Lower Parel (West)

Mumbai 400 013

Maharashtra, India

Tel: (91 22) 4646 4600

E-mail: craftsman.ipo@iifleap.com

Total 5,528,161 8,236.96

 

The abovementioned amounts are provided for indicative purposes only and would be finalized after finalization
of the Basis of Allotment and actual allocation and subject to the provisions of the SEBI ICDR Regulations.

In the opinion of our Board of Directors (based on representations made to our Company by the Underwriters),
the resources of the Underwriters are sufficient to enable them to discharge their respective underwriting
obligations in full. The Underwriters are registered with SEBI under Section 12(1) of the SEBI Act or registered
as brokers with the Stock Exchange(s). Our Board of Directors, at its meeting held on March 18, 2021, has
accepted and entered into the Underwriting Agreement mentioned above on behalf of our Company.

Allocation among the Underwriters may not necessarily be in proportion to their underwriting commitments set
forth in the table above. Notwithstanding the above table, the Underwriters shall be severally responsible for
ensuring payment with respect to Equity Shares allocated to investors procured by them. In the event of any
default in payment, the respective Underwriter, in addition to other obligations defined in the Underwriting
Agreement, will also be required to procure subscriptions for/subscribe to Equity Shares to the extent of the
defaulted amount in accordance with the Underwriting Agreement.

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