APR Constructions Limited - Saffron Capital

applicant would prevail. If the investors require changing the nomination, they are requested to inform their
respective depository participant.
Bid/Issue Period
BID/ISSUE OPENS ON [•]**
BID/ISSUE CLOSES FOR QIB BIDDERS ON [•]*
BID/ISSUE CLOSES FOR NON- QIB BIDDERS ON [•]
* Our Company, in consultation with the BRLMs may consider closing QIB Book a day before the Bid/Issue closing
date subject to the Bid/ Issue Period being for a minimum of three Working Days.
**Our Company may, in consultation with the BRLMs, allocate upto 30% of the QIB Portion, to Anchor Investors on
a discretionary basis, in accordance with the SEBI (ICDR) Regulations. Anchor Investors shall bid on the Anchor
Investor Bidding Date, which shall be one Working Day prior to the Bid Opening Date.
Except in relation to the Bids received from the Anchor Investors, Bids and any revision in Bids shall be accepted only
between 10.00 a.m. and 5.00 p.m. (Indian Standard Time) during the Bidding Period as mentioned above at the
bidding centers mentioned on the Bid cum Application Form or, in case of bids submitted through ASBA, the
designated branches of the SCSBs except that on the Bid/ Issue Closing Date, Bids shall be accepted only between
10.00 a.m. and 3.00 p.m. (Indian Standard Time). On the Bid/Issue Closing Date, Bids (excluding the ASBA
Bidders) shall be uploaded until (i) 4.00 p.m. in case of Bids by QIB Bidders, Non- Institutional Bidders and (ii) until
5.00 p.m. or such extended time as permitted by the BSE and the NSE, in case of Bids by Retail Individual Bidders
where the Bid Amount is up to `2,00,000. It is clarified that Bids not uploaded in the book, would be rejected. Bids will
be accepted only from Monday to Friday (excluding any public holiday). Bids by ASBA Bidders shall be uploaded by
the SCSB in the electronic system to be provided by the BSE and the NSE. Bidders are advised that due to clustering of
last day applications, as is typically experienced in public offerings, some Bids may not get uploaded on the last date.
Such Bids that cannot be uploaded will not be considered for allocation under the Issue. If such Bids are not uploaded,
the Issuer, BRLMs and Syndicate members will not be responsible.
In case of discrepancy in the data between the Stock Exchanges and Designated Branches of SCSBs, the decision of
Registrar to the Issue, in consultation with the BRLMs, our Company and the Designated Stock Exchange based on the
physical / electronic records, as the case may be, of the ASBA Bid cum Application Forms shall be final and binding on
all concerned. Further, the Registrar to the Issue may ask for rectified data from the SCSB.
Due to limitation of time available for uploading the Bids on the Bid/Issue Closing date, the bidders are advised to
submit their Bids one day prior to the Bid/Issue Closing Date and, in any case, not later than the timings mentioned
above. All times are Indian Standard Time. Bidders are cautioned that in the event a large number of Bids are received
on the Bid/Issue Closing Date, as is typically experienced in pubic offerings, some Bids may not get uploaded due to
lack of sufficient time. Such Bids that cannot be uploaded will not be considered for allocation under the Issue. If such
Bids are not uploaded, Our Company, the BRLMs and the relevant Syndicate Member will not be responsible. Bids will
be accepted only on Working Days, i.e., Monday to Friday (excluding any public holidays). Bids by ASBA Bidders
shall be uploaded by the SCSB in the electronic system to be provided by the BSE and the NSE.
On the Bid/Issue Closing Date, extension of time may be granted by the Stock Exchanges only for uploading the Bids
received from Retail Individual Bidders after taking into account the total number of Bids received upto the closure of
timings for acceptance of Bid cum Application Forms as stated herein and reported by the BRLMs to the Stock
Exchanges within half an hour of such closure.
In case of discrepancy in the data entered in the electronic book vis-à-vis the data contained in the physical or electronic
ASBA Bid Cum Application Form, for a particular ASBA Bidder, the Registrar to the Issue shall ask the relevant SCSB
for rectified data.
Only Bids that are uploaded on the online IPO system of the NSE and BSE shall be considered for allocation/allotment.
In the event of a discrepancy of data between the Bids registered on the online IPO system and the physical Bid cum
Application Form, the decision of the Book Running Lead Managers and the Designated Stock Exchange, based on the
physical records of Bid cum Application Forms shall be final and binding on all concerned.
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