 

Description

 

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 and were made available
to the Stock Exchanges for the purpose of uploading on their respective websites.

 

Pricing Date

‘The date on which our Bank and the Selling Shareholders, in consultation with the Book Running Lead
Managers, finalised the Issue Price, being March 20, 2021

 

Prospectus

This prospectus dated March 20, 2021 to be filed with the RoC on or after the Pricing Date in accordance
with Section 26 of the Companies Act, 2013 and the SEBI ICDR Regulations containing, inter alia, the
Issue Price that is determined at the end of the Book Building Process, the size of the Issue and certain other
information, including any addenda or corrigenda hereto

 

Public Issue Account

Bank account opened with the Public Issue Bank, under Section 40(3) of the Companies Act, 2013 to receive
monies from the Escrow Account and ASBA Accounts on the Designated Date

 

Public Issue Bank

Bank which is a clearing member and registered with SEBI as a banker to an issue and with which the
Public Issue Account is opened, in this case being ICICI Bank Limited

 

QIB Portion

‘The portion of the Issue (including the Anchor Investor Portion) being not more than 50% of the Net Issue
comprising 9,296,534” Equity Shares which was made available for allocation to QIBs (including Anchor
Investors), subject to valid Bids having been received at or above the Issue Price or Anchor Investor Issue
Price (for Anchor Investors).

Our Bank and the Selling Shareholders, in consultation with the Book Running Lead Managers, allocated
60% of the QIB portion to Anchor Investors on a discretionary basis
* Subject to finalisation of Basis of Allotment

 

Qualified Institutional Buyers
or QIBs or QIB Bidders

Qualified institutional buyers as defined under Regulation 2(1)(ss) of the SEBI ICDR Regulations

 

Qualifying Shareholder

Any shareholder (other than the Promoters), as on the date of filing of the RHP, who together with its
Affiliates hold at least 2% of the total issued and paid-up share capital of our Bank on a fully diluted basis,
provided that such Shareholder together with its Affiliates continues to hold or holds (due to change in its
shareholding), at least 2% of the total issued and paid-up share capital of our Bank on a fully diluted basis
after filing of the RHP

 

RA Termination Letters

Termination letters dated March 1, 2021, March 1, 2021 and March 2, 2021 issued by Apneet Kahlon,
Chintan Harkantbhai Trivedi and Polaris Banyan Holding Private Limited, respectively, to the Registrar,
terminating the Registrar Agreement solely in respect of themselves pursuant to the Withdrawal Letters

 

Red Herring Prospectus or RHP

‘The red herring prospectus dated March 9, 2021 issued by our Bank in accordance with Section 32 of the
Companies Act, 2013 and the provisions of the SEBI ICDR Regulations, which did not have complete
particulars of the Issue Price and the size of the Issue, including any addenda or corrigenda thereto. The
Red Herring Prospectus was filed with the RoC at least three Working Days before the Bid/Issue Opening
Date

 

Refund Account

Account opened with the Refund Bank, from which refunds, if any, of the whole or part of the Bid Amount
to the Bidders shall be made

 

 

Refund 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 Refund Account will be opened, in this case being ICICI Bank Limited
Registered Brokers Stock brokers registered with SEBI and the stock exchanges having nationwide terminals, other than the

members of the Syndicate and eligible to procure Bids in terms of the SEBI circular number
CIR/CFD/14/2012 dated October 4, 2012 issued by SEBL

 

Registrar Agreement

 
  

‘Agreement dated September 30, 2020 entered by and amongst our Bank, the Selling Shareholders, Apneet
Kahlon, Chintan Harkantbhai Trivedi and Polaris Banyan Holding Private Limited and the Registrar to the
Issue, in relation to the responsibilities and obligations of the Registrar to the Issue pertaining to the Issue
read with the amendment to the Registrar Agreement dated March 3, 2021 between our Bank, the Selling
Shareholders and the Registrar to the Issue read with the RA Termination Letters

 

“Registrar and Share Transfer
Agents” or “RTAs”

Registrar and share transfer agents registered with SEBI and eligible to procure Bids from relevant Bidders
at the Designated RTA Locations as per the list available on the websites of BSE and NSE, and the UPI
Circulars

 

“Registrar to the Issue” or
“Registrar”

Kfin Technologies Private Limited (formerly known as Karvy Fintech Private Limited)

 

“Retail Individual Bidder(s)” or
“RIB(s)”

Individual Bidders, who have Bid for the Equity Shares for an amount not more than 220,000 in any of
the bidding options in the Issue (including HUFs who applied through their Karta and Eligible NRIs)

 

Retail Portion

Portion of the Issue being not less than 35% of the Net Issue consisting of 6,507,575" Equity Shares which
was made available for allocation to Retail Individual Bidders (subject to valid Bids having been received
at or above the Issue Price), which could not be less than the minimum Bid Lot subject to availability in the
Retail Portion, and the remaining Equity Shares to be Allotted on a proportionate basis

* Subject to finalisation of Basis of Allotment

 

Revision Form

Form used by the Bidders to modify the quantity of the Equity Shares or the Bid Amount in any of their
Bid cum Application Forms or any previous Revision Form(s), as applicable.

QIB Bidders and Non-Institutional Bidders are not allowed to withdraw or lower their Bids (in terms of
quantity of Equity Shares or the Bid Amount) at any stage. Retail Individual Bidders could revise their Bids
during the Bid/ Issue Period and withdraw their Bids until Bid/Issue Closing Date

 

 

SBICAP

 

SBI Capital Markets Limited

 

 
