APR Constructions Limited - Saffron Capital

k. Neither the BRLMs, nor any person related to the BRLMs, our Promoters, members of our Promoter Group or
Group Entities, shall participate in the Anchor Investor Portion.
l. Bids made by QIBs under both the Anchor Investor Portion and the Net QIB Portion shall not be considered as
multiple Bids.
m. The instruments for payment into the Escrow Account should be drawn in favour of:
In case of Resident Anchor Investors: “[•]”;
In case of Non-Resident Anchor Investor: “[•]”
Anchor Investors are advised to note that Anchor Investors cannot Bid using ASBA process.
Additional details, if any, regarding participation in the Issue under the Anchor Investor Portion shall be disclosed in
the advertisement for the Price Band published by our Company, in one English national daily newspaper, one Hindi
national daily newspaper and one Telugu daily newspaper with wide circulation, at least two Working Days prior to
the Bid/ Issue Opening Date.
The above information is given for the benefit of the Bidders. Our Company and the BRLMs are not liable for
any amendments or modification or changes in applicable laws or regulations, which may occur after the date
of the Draft Red Herring Prospectus. Bidders are advised to make their own independent investigations and
are advised to ensure that any single Bid from them does not exceed the investment limits or maximum
number of Equity Shares that can be held by them under applicable law or regulation or as specified in the
Draft Red Herring Prospectus.
Bids made by Provident Funds
In case of the Bids made by provident funds, subject to applicable law, with minimum corpus of ` 2500lakhs and
pension funds with minimum corpus of` 2500lakhs, a certified copy of certificate from a chartered accountant
certifying the corpus of the provident fund/pension fund must be lodged along with the Bid cum Application Form.
Failing this, our Company reserves the right to accept or reject any Bid in whole or in part, in either case, without
assigning any reason thereof.
Bids by ASBA Investor
For ASBA process, please refer “ASBA Process” beginning on page 213 in the Draft Red Herring Prospectus.
Bids under Power of Attorney
In case of Bids (including ASBA Bids) made pursuant to a power of attorney or by limited companies, corporate
bodies, registered societies, FIIs, Mutual Funds, insurance companies and provident funds and pension funds with a
minimum corpus of `2500 lakhs. (subject to applicable law), a certified copy of the power of attorney or the relevant
resolution or authority, as the case may be, along with a certified copy of the memorandum and articles of association
and/ or bye laws must be lodged along with the Bid cum Application Form. Failing this, our Company reserves the
right to accept or reject any Bid in whole or in part, in either case, without assigning any reason.
In addition to the above, certain additional documents are required to be submitted by the following entities:
(a) With respect to Bids by FIIs and Mutual Funds, a certified copy of their SEBI registration certificate must be
lodged along with the Bid cum Application Form.
(b) With respect to Bids by insurance companies registered with the Insurance Regulatory and Development
Authority, in addition to the above, a certified copy of the certificate of registration issued by the Insurance
Regulatory and Development Authority must be lodged along with the Bid cum Application Form.
(c) With respect to Bids made by provident funds with a minimum corpus of `2500 lakhs. (subject to applicable law)
and pension funds with a minimum corpus of `2500 lakhs, a certified copy of a certificate from a chartered
accountant certifying the corpus of the provident fund/ pension fund must be lodged along with the Bid cum
Application Form. Our Company, in its absolute discretion, reserves the right to relax the above condition of
simultaneous lodging of the power of attorney along with the Bid cum Application Form, subject to such terms
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