APR Constructions Limited - Saffron Capital

11. Our Company, our Directors, our Promoters, Promoter Group and the BRLMs to this Issue have not entered into
any buy-back and/or standby or similar arrangements for the purchase of Equity Shares of our Company from
any person, other than as disclosed in this Draft Red Herring Prospectus.
12. Our BRLMs and its associates do not hold any equity shares of our Company as on the date of filing of this
DRHP with SEBI.
13. There have been no transfers of Equity Shares by or in favour of the Promoters and the Promoter Group within
the last one year.
14. In the case of over-subscription in all categories, not more than 50% of the Issue shall be available for allocation
on a proportionate basis to QIBs, 5% of the Net QIB Portion shall be reserved for Mutual Funds only subject to
valid Bids being received at or above the Issue Price. Mutual Funds participating in the Mutual Fund Portion of
the Net QIB Portion will also be eligible for allocation in the remaining QIB Portion. Upto 30% of the QIB
Portion shall be available for allocation to Anchor Investors and one-third of the Anchor Investor Portion shall be
available for allocation to domestic Mutual Funds. Under-subscription, if any, in the Mutual Funds portion will
be met by a spillover from the QIB Portion and be allotted proportionately to the QIB Bidders. Further, not less
than 15% of Issue shall be available for allocation on a proportionate basis to Non Institutional Bidders and not
less than 35% of Issue shall be available for allocation on a proportionate basis to Retail Individual Bidders,
subject to valid Bids being received at or above the Issue Price.
15. An oversubscription to the extent of 10% of the Issue can be retained for the purposes of rounding off to the
minimum allotment lot and multiple of one share thereafter, while finalizing the Basis of Allotment.
Consequently, the actual allotment may go up by a maximum of 10% of the Issue as a result of which, the postissue
paid up capital after the Issue would also increase by the excess amount of allotment so made. The number
of Equity Shares held by the Promoters and subject to lock- in will be determined after finalization of Issue Price
and the number of shares to be issued so as to ensure that minimum contribution of 20% of the Post Issue paid-up
capital is locked in for a period of 3 years.
16. Under-subscription, if any, would be met with the spill over from any other category at the sole discretion of our
Company in consultation with the BRLMs. If the aggregate demand by Mutual Funds is less than 5% of the Net
QIB Portion, the balance share available for allocation in the Mutual Fund Portion will be added to the QIB
Portion and be allocated proportionately to QIB Bidders.
17. As on date of filing of this Draft Red Herring Prospectus with SEBI, the entire Issued Share Capital of our
Company is fully paid-up.
18. As on the date of filing of this Draft Red Herring Prospectus with SEBI, there are no outstanding warrants,
options or rights to convert debentures, loans or other instruments into our Equity Shares.
19. We have not raised any bridge loan against the proceeds of the Issue.
20. Except as disclosed herein, there would be no further issue of capital whether by way of issue of bonus shares,
preferential allotment, rights issue or in any other manner during the period commencing from submission of this
Draft Red Herring Prospectus to SEBI until the Equity Shares issued/ to be issued through this Draft Red Herring
Prospectus are listed or application money refunded on account of failure of Issue.
21. There shall be only one denomination of the Equity Shares, unless otherwise permitted by law. We shall comply
with such disclosure and accounting norms as may be specified by SEBI from time to time.
22. A Bidder cannot make a Bid for more than the number of Equity Shares offered through the Issue, subject to the
maximum limit of investment prescribed under relevant laws applicable to each category of Bidder.
23. As of date of this Draft Red Herring Prospectus, the total number of holders of Equity Shares is 9.
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