APR Constructions Limited - Saffron Capital

Stock Exchanges; nor does it in any manner warrant, certify or endorse the correctness or completeness of any of
the compliance with the statutory and other requirements nor does it take any responsibility for the financial or
other soundness of our Company, our Promoters, our management or any scheme or project of our Company; nor
does it in any manner warrant, certify or endorse the correctness or completeness of any of the contents of the
Draft Red Herring Prospectus; nor does it warrant that the Equity Shares will be listed or will continue to be
listed on the Stock Exchanges.
(j) Only Bids that are uploaded on the online IPO system of the Stock Exchanges shall be considered for allocation/
Allotment. The members of the Syndicate will be given upto one day after the Bid/ Issue Closing Date to verify
DP ID and Client ID uploaded in the online IPO system during the Bid/ Issue Period after which the data will be
sent to the Registrar to the Issue for reconciliation and Allotment of Equity Shares. In case of discrepancy of data
between BSE or NSE and the members of the Syndicate or the Designated Branches of the SCSBs, the decision
of our Company, in consultation with the BRLMs and the Registrar to the Issue, shall be final and binding on all
concerned.
(k) Details of Bids in the Anchor Investor Portion will not be registered on the on-line facilities of electronic
facilities of BSE and NSE. In the event such Bid Amount has not been blocked, the Anchor Investor‟s Bid shall
be rejected.
Build Up of the Book and Revision of Bids
(a)
(b)
(c)
(d)
(e)
(f)
Bids registered by various Bidders through the members of the Syndicate and SCSBs shall be electronically
transmitted to the BSE or NSE mainframe on a regular basis.
The book gets built up at various price levels. This information will be available with the BRLMs on a regular
basis at the end of the Bid/ Issue Period.
During the Bidding Period, any Bidder who has registered his or her interest in the Equity Shares at a particular
price level is free to revise his or her Bid within the price band using the printed Revision Form, which is a part
of the Bid cum Application Form.
Revisions can be made in both the desired number of Equity Shares and the Bid Amount by using the Revision
Form. Apart from mentioning the revised options in the Revision Form, the Bidder must also mention the
details of all the options in his or her Bid cum Application Form or earlier Revision Form. For example, if a
Bidder has bid for three options in the Bid cum Application Form and he is changing only one of the options in
the Revision Form, he must still fill the details of the other two options that are not being changed, in the
Revision Form. Incomplete or inaccurate Revision Forms will not be accepted by the members of the
Syndicate and the Designated Branches of the SCSBs.
The Bidder can make this revision any number of times during the Bidding Period. However, for any
revision(s) of the Bid, the Bidders will have to use the services of the same members of the Syndicate or the
SCSB through whom the Bidder had placed the original Bid. Bidders are advised to retain copies of the blank
Revision Form and the revised Bid must be made only in such Revision Form or copies thereof.
In case of an upward revision in the Price Band announced as above, Retail Individual Bidders who had Bid at
Cut-off Price could either (i) revise their Bid or (ii) shall make additional payment based on the cap of the
revised Price Band (such that the total amount i.e., original Bid Amount plus additional payment does not
exceed ` 2,00,000.00 if the Bidder wants to continue to Bid at Cut-off Price), with the members of the
Syndicate to whom the original Bid was submitted. In case the total amount (i.e., original Bid Amount plus
additional payment) exceeds `2,00,000.00, the Bid will be considered for allocation under the Non-
Institutional Portion in terms of the Draft Red Herring Prospectus. If, however, the Bidder does not either
revise the Bid or make additional payment and the Issue Price is higher than the cap of the Price Band prior to
revision, the number of Equity Shares Bid for shall be adjusted downwards for the purpose of allocation, such
that no additional payment would be required from the Bidder and the Bidder is deemed to have approved such
revised Bid at Cut-off Price.
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