APR Constructions Limited - Saffron Capital

Notice to QIBs: Allotment/Transfer Reconciliation and Revised CAN
After the Bid/Issue Closing Date, an electronic book will be prepared by the Registrar on the basis of Bids uploaded
on the BSE/NSE system. This shall be followed by a physical book prepared by the Registrar on the basis of Bidcum-Application
Forms received. Based on the electronic book or the physical book, as the case may be, QIBs may
be sent a CAN, indicating the number of Equity Shares that may be allocated to them. This CAN is subject to the
basis of final allotment, which will be approved by the Designated Stock Exchange and reflected in the reconciled
book prepared by the Registrar. Subject to SEBI (ICDR) Regulations, certain Bid cum Applications Forms may be
rejected due to technical reasons, non-receipt of funds, cancellation of cheques, cheque bouncing, incorrect details,
etc., and these rejected applications will be reflected in the reconciliation and basis of Allotment as approved by the
Designated Stock Exchange. As a result, a revised CAN may be sent to QIBs and the allocation of Equity Shares in
such revised CAN may be different from that specified in the earlier CAN. QIBs should note that they may be
required to pay additional amounts, if any, by the Pay-in Date specified in the revised CAN, for any increased
allotment of Equity Shares. The CAN will constitute the valid, binding and irrevocable contract (subject only to the
issue of a revised CAN) for the QIB to pay the entire Issue Price for all the Equity Shares allocated to such QIB. Any
revised CAN, if issued, will supersede in entirety the earlier CAN.
Designated Date and Allotment of Equity Shares
1. Our Company will ensure that (i) Allotment of Equity Shares; and (ii) credit to the successful Bidder‟s depository
account will be completed within ten Working Days of the Bid/Issue Closing Date.
2. As per SEBI (ICDR) Regulations, Equity Shares will be issued and Allotment shall be made only in the
dematerialised form to the Allottees. Allottees will have the option to re-materialise the Equity Shares, if they so
desire, in the manner stated in the Depositories Act.
Investors are advised to instruct their Depository Participant to accept the Equity Shares that may be
allocated/ Allotted to them pursuant to this Issue.
General Instructions
Do’s:
a) Check if you are eligible to apply;
b) Read all the instructions carefully and complete the Bid cum Application Form;
c) Ensure that the details about Depository Participant and Beneficiary Account are correct as Allotment of Equity
Shares will be in the dematerialised form only;
d) Ensure that the Bids are submitted at the bidding centres only on forms bearing the stamp of the BRLMs or
Syndicate Member or with respect to ASBA Bidders ensure that your Bid is submitted at a Designated Branch of
the SCSB where the ASBA Bidders or the person whose bank account will be utilised by the ASBA Bidder for
bidding has a bank account;
e) With respect to ASBA Bids ensure that the ASBA Bid cum Application Form is signed by the account holder in
case the applicant is not the account holder. Ensure that you have mentioned the correct bank account number in
the ASBA Bid cum Application Form;
f) Ensure that you have requested for and receive a TRS for all your Bid options;
g) Ensure that you have funds equal to the Bid Amount in your bank account maintained with the SCSB before
submitting the ASBA Bid cum Application Form to the respective Designated Branch of the SCSB;
h) Instruct your respective banks to not release the funds blocked in the bank account under the ASBA process;
i) Ensure that the full Bid Amount is paid for the Bids submitted to the members of the Syndicate and funds
equivalent to the Bid Amount are blocked in case of any Bids submitted though the SCSBs;
j) Submit revised Bids to the same member of the Syndicate through whom the original Bid was placed and obtain
a revised TRS;
k) Ensure that the Bid is within the Price Band;
l) Ensure that you mention your PAN allotted under the I.T. Act with the Bid cum Application Form, except for
Bids on behalf of the Central and State Governments, residents of the state of Sikkim and officials appointed by
the courts;
229