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GAMMON INDIA LIMITED

GAMMON INDIA LIMITED

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The submission of an Application Form by the QIBs shall be deemed a valid, binding and irrevocable offer for the<br />

QIB to pay the entire Issue Price for its share of Allotment (as indicated by the CAN) and becomes a binding<br />

contract on the QIB, upon issuance of the CAN by the Company in favour of the QIB.<br />

Submission of Application Form<br />

All Application Forms must be duly completed with information including the name of the QIB, the price and the<br />

number of Equity Shares applied for. The Application Form shall be submitted to the Joint Global Co-ordinators<br />

either through electronic form or through physical delivery at the following address:<br />

Name: IDFC-SSKI Limited<br />

Address: 803-804, Tulsiani Chambers, Free Press Journal Marg, Nariman Point, Mumbai 400 021<br />

Contact Person: Hiren Raipancholia<br />

Email: gammonindia.qip@idfcsski.com<br />

Phone: (91 22) 6638 3333<br />

Name: India Infoline Limited<br />

Address: 10 th Floor, One Indiabulls Centre, 841, Senapati Bapat Marg, Elphinstone Road (W),<br />

Mumbai, 400 013<br />

Contact Person: Pinak R. Bhattacharyya<br />

Email: gammonindia.qip@iiflcap.com<br />

Phone: (91 22) 4646 4600<br />

The Joint Global Co-ordinators shall not be required to provide any written acknowledgement of the same.<br />

Pricing and Allocation<br />

Build up of the book<br />

The QIBs shall submit their Bids (including the revision of) within the Bidding Period to the Joint Global Coordinators.<br />

Price discovery and allocation<br />

The Company, in consultation with the Joint Global Co-ordinators, shall determine the Issue Price for the Equity<br />

Shares, which shall be at or above the Floor Price. Post finalisation of the Issue Price, the Company shall update the<br />

Preliminary Placement Document with the Issue details and file the same with the Stock Exchanges as the<br />

Placement Document.<br />

Method of Allocation<br />

The Company shall determine the Allocation in consultation with the Joint Global Co-ordinators on a discretionary<br />

basis and in compliance with Chapter VIII of the SEBI Regulations.<br />

Application Forms received from the QIBs at or above the Issue Price shall be grouped together to determine the<br />

total demand. The Allocation to all such QIBs will be made at the Issue Price. Allocation to Mutual Funds for up to<br />

a minimum of 10 per cent. of the Issue Size shall be undertaken subject to valid Bids being received at or above the<br />

Issue Price.<br />

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