APR Constructions Limited - Saffron Capital

20) In case no corresponding record is available with the Depository that matches three parameters: PAN of the sole
name of the Bidder, Depository Participant‟s identity (DP ID) and beneficiary‟s account number;
21) Bid cum Application Forms are not delivered by the Bidders within the time prescribed as per the Bid cum
Application Form, Bid/Issue Opening Date advertisement and the Red Herring Prospectus and as per the
instructions in the Red Herring Prospectus and the Bid cum Application Form;
22) With respect to ASBA Bids, inadequate funds in the bank account to block the Bid Amount specified in the
ASBA Bid cum Application Form at the time of blocking such Bid Amount in the bank account;
23) Bids for amounts greater than the maximum permissible amounts prescribed by the regulations;
24) Bids where clear funds are not available in Escrow Accounts as per final certificate from the Escrow Collection
Bank(s);
25) Bids by persons in the United States (as defined in regulation S) other than entities in the United States (as
defined in Regulation S) that are “qualified institutional buyers” as defined in Rule 144A of the US Securities
Act;
26) Bids by any person outside India if not in compliance with applicable foreign and Indian Laws;
27) Bids not uploaded on the terminals of the Stock Exchanges;
28) Bids by persons prohibited from buying, selling or dealing in the shares directly or indirectly by SEBI or any
other regulatory authority;
29) Bids by OCBs;
30) In case the DP ID, client ID and PAN mentioned in the Bid Cum Application Form and entered into the
electronic bidding system of the Stock Exchanges by the members of the Syndicate do not match with the DP ID,
client ID and PAN available in the records with the depositories. Non-submissions of bank account details in the
space provided in the application form;
31) ASBA Applications made by using duplicate copy of ASBA Bid cum Application Form downloaded from the
website of the Stock Exchanges (i.e. two ASBA Bid cum Application Forms bearing the same unique
identification number);
32) Bids or revision thereof by QIB Bidders and Non-Institutional Bidders where the Bid amount is in excess of `
2,00,000 uploaded after 4.00 p.m. on the Bid/ Issue Closing Date; and
33) Bids by NRIs not disclosing their residential status;
34) Submission of Bids by Anchor Investors through ASBA process;
IN CASE THE DP ID, CLIENT ID AND PAN MENTIONED IN THE BID-CUM-APPLICATION FORM
AND ENTERED INTO THE ELECTRONIC BIDDING SYSTEM OF THE STOCK EXCHANGES OR THE
SYNDICATE/THE SCSBs DO NOT MATCH WITH THE DP ID, CLIENT ID AND PAN AVAILABLE IN
THE RECORDS WITH THE DEPOSITARIES, THE APPLICATION IS LIABLE TO BE REJECTED.
Equity Shares in Dematerialised Form with NSDL or CDSL
As per the provisions of Section 68B of the Companies Act, the Equity Shares in this Issue shall be allotted only in a
dematerialized form, (i.e. not in the form of physical certificates but be fungible and be represented by the statement
issued through the electronic mode). In this context, two agreements have been signed among us, the respective
Depositories and the Registrar to the Issue:
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