DCI-APPLICATION FORM-RESIDENT.pmd - Finapolis

IN THE NATURE OF FORM2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS
Please note that as per Para 4 of SEBI Circular No. CIR/CFD/
DIL/12/2012 dated September 13, 2012, for making Applications
by banks on own account using ASBA facility, SCSBs should
have a separate account in own name with any other SEBI
registered SCSB/s. Such account shall be used solely for the
purpose of making Application in public issues and clear
demarcated funds should be available in such account for ASBA
applications.
PROCEDURE FOR APPLICATION
5. Availability of Abridged Prospectus and Application Forms
Physical copies of the Abridged Prospectus containing salient
features of the Prospectus together with Application Forms may
be obtained from:
(a) The Company’s Registered and Corporate Office;
(b) Offices of the Lead Managers;
(c) Trading Members of the Stock Exchanges; and
(d) Designated Branches of SCSBs.
Electronic Application Forms will be available on the websites of
the Stock Exchanges and the SCSBs that permit submission of
ASBA Applications electronically. A unique application number
(“UAN”) will be generated for every Application Form downloaded
from the websites of the Stock Exchanges. Hyperlinks to the
websites of the Stock Exchanges for this facility will be provided
on the websites of the Lead Managers and the SCSBs. The
Company may also provide Application Forms for being
downloaded and filled at such website as it may deem fit. In
addition, online beneficiary account portals may provide a facility
of submitting Application Forms online to their account holders.
Trading Members of the Stock Exchanges can download
Application Forms from the websites of the Stock Exchanges.
Further, Application Forms will be provided to Trading Members
of the Stock Exchanges at their request.
On a request being made by any Applicant before the Issue Closing
Date, physical copies of the Prospectus and Application Form
can be obtained from the Company’s Registered and Corporate
Office, as well as offices of the Lead Managers. Electronic copies
of the Prospectus will be available on the websites of the Lead
Managers, the Designated Stock Exchange, SEBI and the SCSBs.
6. Who Can Apply
Category I (“Qualified Institutional Buyers”) (“QIBs”)*
• Public financial institutions specified in Section 4A of the
Companies Act,
• Scheduled commercial banks,
• Mutual funds registered with SEBI,
• Multilateral and bilateral development financial institutions,
• State industrial development corporations,
• Insurance companies registered with the Insurance Regulatory
and Development Authority,
• Provident funds with a minimum corpus of ` 250 million,
• Pension funds with a minimum corpus of ` 250 million,
• The National Investment Fund set up by resolution F. No. 2/
3/2005-DD-II dated November 23, 2005 of the GoI, published
in the Gazette of India,
• Insurance funds set up and managed by the army, navy, or air
force of the Union of India and
• Insurance funds set up and managed by the Department of
Posts, India.
Category II (“Domestic Corporates”)*
• Companies within the meaning of section 3 of the Companies
Act and bodies corporate registered under the applicable
laws in India and authorized to invest in Bonds including
limited liability partnership(s) registered under the Limited
Liability Partnership Act, 2008 and Major Port Trusts under
the Major Port Trusts Act, 1963
Category III (“High Networth Individuals”) (“HNIs”)
• The following investors applying for an amount aggregating
to more than ` 10 lakhs in the Issue
• Resident Individual Investors
• Hindu Undivided Families applying through the Karta
Category IV(“Retail Individual Investors”) (“RIIs”)*
• The following investors applying for an amount aggregating
up to and including ` 10 lakhs in the Issue
• Resident Individual Investors
• Hindu Undivided Families through the Karta
* With respect to the provisions of Section 372A(3) of Companies Act, it
may be noted that the RBI has through its circular (Circular No.
DBOD.No.Ret.BC. 77/12.01.001/2012-13) dated January 29, 2013 revised
the Bank Rate from 9.00% to 8.75% w.e.f. January 29, 2013. Coupon
rate on the Bonds shall be determined in pursuant of the Notification.
Although the coupon rate offered on Bonds may be lower than the
prevailing bank rate, it may be noted that since these are tax-free bonds,
the gross/pre-tax yield to the investors may be higher, depending upon the
applicable tax rates. Companies other than banking companies, insurance
companies and other companies as mentioned in Section 372A(3) of the
Companies Act may however seek independent opinion from their legal
counsels about the eligibility to make an application for the Bonds.
Participation of any of the aforementioned persons or entities is
subject to the applicable statutory and/or regulatory
requirements in connection with the subscription to Indian
securities in the nature of the Bonds by such persons or entities.
Applicants are advised to ensure that Applications made by them
do not exceed the investment limits under applicable statutory
and or regulatory provisions. Applicants are advised to ensure
that they have obtained the necessary statutory and/or regulatory
permissions/consents/approvals in connection with applying for,
subscribing to, or seeking Allotment of Bonds pursuant to the
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DREDGING CORPORATION OF INDIA LIMITED