APR Constructions Limited - Saffron Capital

2. Our Company will file the Red Herring Prospectus will be filed by the Company with the RoC at least three (3)
days before the Bid Opening Date.
3. The Syndicate and the SCSBs, as applicable, will circulate copies of the Bid cum Application Form to potential
investors and at the request of potential investors, copies of the Red Herring Prospectus. The SCSB shall ensure
that the abridged prospectus is made available on its website.
4. Any Bidder (who is eligible to invest in our Equity Shares) who would like to obtain the Red Herring Prospectus
and/or the Bid cum Application Form can obtain the same from our Registered Office or from any of the
members of the Syndicate or the SCSBs.
5. The Bidding Period shall be for a minimum of three Working Days. In case the Price Band is revised, the
Bidding Period shall be extended, by an atleast additional three Working Days, subject to the total Bidding Period
not exceeding ten Working Days. The revised Price Band and Bidding Period will be widely disseminated by
notification to the SCSBs and Stock Exchanges, and by publishing in two national newspapers (one each in
English and Hindi) and one Telugu newspaper, each with wide circulation and also by indicating the change on
the websites of the BRLMs and at the terminals of the members of the Syndicate.
6. Eligible Bidders who are interested in subscribing the Equity Shares should approach the members of the
Syndicate or the SCSBs (as applicable) to register their Bid. Bidders can also approach the Designated Branch of
the SCSBs to register their Bids under the ASBA process.
7. The Bids should be submitted on the prescribed Bid cum Application Form only. Bid cum Application Forms
(other than the ASBA Bid cum Application Form) should bear the stamp of the BRLMs or Syndicate Member
otherwise they will be rejected. Bids by ASBA Bidders shall be accepted by the Designated Branches of SCSBs
in accordance with the SEBI (ICDR) Regulations and any circulars issued by SEBI in this regard. Bidders (other
than Anchor Investors) applying through the ASBA process also have an option to submit the ASBA Bid cum
Application Form in electronic form.
Bidders may note that in case the Depository Participant identification number, client identification number of
the demat account of the Bidder, and PAN mentioned in the Bid cum Application Form or the ASBA Form, as
the case may be and entered into the electronic bidding system of the Stock Exchanges by the Members of
Syndicate do not match with the Depository Participant identification number, client identification number of
the demat account of the Bidder, and PAN available in the Depository database, the application Bid-cum-
Application Form or the ASBA Form, as the case may be is liable to be rejected. With effect from August 16,
2010, the demat accounts for Bidders for which PAN details have not been verified shall be “suspended credit”
and no credit of Equity Shares pursuant to the Issue shall be made into accounts of such Bidders.
Method and Process of Bidding
a. Our Company in consultation with the BRLMs, shall decide the Price Band and the minimum Bid lot size for the
Issue and the same shall be advertised 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 advertisement, subject to the provisions of Section 66 of the Companies Act, shall be in
the format prescribed in Schedule XIII of the SEBI (ICDR) Regulations. The Price Band and the minimum Bid
Lot for the Issue will be decided by our Company in consultation with the BRLMs, including the relevant
financial ratios computed for both the Cap Price and Floor Price. The Syndicate and the SCSBs shall accept Bids
from the Bidders during the Bid/ Issue Period.
b. The Bid/ Issue Period shall be a minimum of three Working Days and not exceeding ten Working Days
(including the days for which the Issue is open in case of revision in Price Band). In case the Price Band is
revised, the revised Price Band and Bidding Period will be published in one English national daily, one Hindi
national daily and one Telugu daily newspaper with wide circulationand the Bid/ Issue Period may be extended,
if required, by an additional three Working Days, subject to the total Bid/ Issue Period not exceeding ten
Working Days. Any revision in the Price Band and the revised Bid/ Issue Period, if applicable, will be published
in two national newspapers (one each in English and Hindi) and one Telugu daily newspaper with wide
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