 

S. No. Activity Responsibility Co-ordinator

 

based on correct figures, finalisation of the basis of allotment or
weeding out of multiple applications, listing of instruments,
dispatch of certificates or demat credit and refunds and
coordination with various agencies connected with the post-Issue
activity such as registrar to the Issue, Bankers to the Issue,
SCSBs including responsibility for underwriting arrangements,
as applicable.

Payment of the applicable securities transactions tax on sale of
unlisted equity shares by the Selling Shareholders under the
Offer for Sale to the Government and filing of the securities
transactions tax 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 Issue reports
including the initial and final post Issue report to SEBI

 

 

 

 

 

 

Filing

A copy of the Draft Red Herring Prospectus has been filed electronically on the SEBI’s online portal and at cfddil@sebi.gov.in,
in accordance with the instructions issued by the SEBI on March 27, 2020, in relation to “Easing of Operational Procedure
Division of Issues and Listing - CFD”.

A copy of the Red Herring Prospectus, along with the material contracts and documents required to be filed under Section 32 of
the Companies Act have been filed with the RoC and a copy of this Prospectus shall be filed in accordance with Section 26 of
the Companies Act, 2013 with the RoC.

Book Building Process

The book building, in the context of the Issue, refers to the process of collection of Bids from investors on the basis of the Red
Herring Prospectus and the Bid cum Application Forms and the Revision Forms within the Price Band. The Price Band and the
minimum Bid Lot were decided by our Bank and the Selling Shareholders, in consultation with the Book Running Lead
Managers, and were advertised in all editions of Financial Express, an English national daily newspaper, all editions of Jansatta,
a Hindi national daily newspaper and Mumbai edition of Navshakti, a Marathi newspaper, Marathi being the regional language
of Maharashtra, where our Registered and Corporate Office is located, each with wide circulation, at least two Working Days
prior to the Bid/Issue Opening Date and were made available to the Stock Exchanges for the purpose of uploading on their
respective websites. The Issue Price was determined by our Bank and the Selling Shareholders, in consultation with the Book
Running Lead Managers after the Bid/Issue Closing Date. For details, see “Issue Procedure” beginning on page 377.

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

In accordance with the SEBI ICDR Regulations, QIBs and Non-Institutional Bidders were 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. RIBs (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 to % 500,000) could revise their Bids during the Bid/Issue Period and withdraw their Bids on
or before the Bid/Issue Closing Date. Further, Anchor Investors could not withdraw their Bids after the Anchor Investor
Bid/Issue Period. Allocation to the Anchor Investors was on a discretionary basis.

For further details on the method and procedure for Bidding and book building process, see “Issue Structure” and “Issue
Procedure” on pages 373 and 377 respectively.

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

Bidders should note the Issue is also subject to obtaining final listing and trading approvals of the Stock Exchanges, which our
Bank shall apply for after Allotment.

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