24.11.2012 Views

Shopper's Stop Limited - Securities and Exchange Board of India

Shopper's Stop Limited - Securities and Exchange Board of India

Shopper's Stop Limited - Securities and Exchange Board of India

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Investor Category such as Individual, Corporate, or Mutual Fund.<br />

Numbers <strong>of</strong> Equity Shares bid for<br />

Bid price<br />

Bid-cum-Application Form number<br />

Whether payment is made upon submission <strong>of</strong> Bid-cum-Application Form<br />

Depository Participant Identification No. <strong>and</strong> Client Identification No. <strong>of</strong> the Demat Account<br />

<strong>of</strong> the Bidder<br />

(e) A system generated TRS will be given to the Bidder as a pro<strong>of</strong> <strong>of</strong> the registration <strong>of</strong> each <strong>of</strong><br />

the bidding options. It is the Bidder’s responsibility to obtain the TRS from the<br />

Syndicate. The registration <strong>of</strong> the Bid by the Syndicate member does not guarantee that the<br />

Equity Shares shall be allocated either by the Syndicate members or the Company.<br />

(f) Such TRS will be non-negotiable <strong>and</strong> by itself will not create any obligation <strong>of</strong> any kind.<br />

(g) Consequently, the Syndicate member also has the right to accept the Bid or reject it without<br />

assigning any reason, in case <strong>of</strong> QIBs. In case <strong>of</strong> Non-Institutional Bidders, Retail Individual<br />

Bidders <strong>and</strong> Bids under the Employee Reservation Portion, Bids would not be rejected<br />

except on technical grounds listed elsewhere in this draft Red Herring Prospectus.<br />

(h) It is to be distinctly understood that the permission given by BSE <strong>and</strong> NSE to use their<br />

network <strong>and</strong> s<strong>of</strong>tware <strong>of</strong> the Online IPO system should not in any way be deemed or<br />

construed to mean that the compliance with various statutory <strong>and</strong> other requirements by our<br />

Company, BRLMs, Co-BRM are cleared or approved by NSE <strong>and</strong> BSE; nor does it in any<br />

manner warrant, certify or endorse the correctness or completeness <strong>of</strong> any <strong>of</strong> the<br />

compliance with the statutory <strong>and</strong> other requirements nor does it take any responsibility for<br />

the financial or other soundness <strong>of</strong> our Company, our promoters, our management or any<br />

scheme or project <strong>of</strong> our Company.<br />

(i) It is also to be distinctly understood that the approval given by NSE <strong>and</strong> BSE should not in<br />

any way be deemed or construed that this draft Red Herring Prospectus has been cleared or<br />

approved by the NSE <strong>and</strong> BSE; nor does it in any manner warrant, certify or endorse the<br />

correctness or completeness <strong>of</strong> any <strong>of</strong> the contents <strong>of</strong> this draft Red Herring Prospectus; nor<br />

does it warrant that the Equity Shares will be listed or will continue to be listed on the BSE<br />

<strong>and</strong> NSE.<br />

Build Up <strong>of</strong> the Book <strong>and</strong> Revision <strong>of</strong> Bids<br />

(a) Bids registered by various Bidders through the Syndicate members shall be electronically<br />

transmitted to the BSE <strong>and</strong> NSE mainframe on half-hourly basis. Data would be uploaded on<br />

a half hourly basis.<br />

b) The Price B<strong>and</strong> can be revised during the Bidding Period, in which case the Bidding Period<br />

shall be extended further for a period <strong>of</strong> three days, subject to the total Bidding Period not<br />

exceeding thirteen days. The cap on the Price B<strong>and</strong> should not be more than 20% <strong>of</strong> the<br />

floor <strong>of</strong> the Price B<strong>and</strong>. Subject to compliance with the immediately preceding sentence, the<br />

floor <strong>of</strong> Price B<strong>and</strong> can move up or down to the extent <strong>of</strong> 20% <strong>of</strong> the floor <strong>of</strong> the Price B<strong>and</strong><br />

disclosed in this Red Herring Prospectus.<br />

c) Any revision in the Price B<strong>and</strong> will be widely disseminated by informing the Stock<br />

<strong>Exchange</strong>s, by issuing a public notice in two national newspapers (one each in English <strong>and</strong><br />

Hindi) <strong>and</strong> one regional newspaper (Marathi) <strong>and</strong> also indicating the change on the relevant<br />

websites <strong>and</strong> the terminals <strong>of</strong> the Syndicate members.<br />

d) During the Bidding Period, any Bidder who has registered his or her interest in the Equity<br />

Shares at a particular price level is free to revise his or her Bid within the price b<strong>and</strong> using<br />

the printed Revision Form, which enclosed with the Bid-cum-Application Form.<br />

e) Revisions can be made in both the desired number <strong>of</strong> Equity Shares <strong>and</strong> the bid price by<br />

using the Revision Form. Apart from mentioning the revised options in the revision form, the<br />

Bidder must also mention the details <strong>of</strong> all the options in his or her Bid-cum-Application Form<br />

or earlier Revision Form. For example, if a Bidder has bid for three options in the Bid-cum-<br />

Application Form <strong>and</strong> he is changing only one <strong>of</strong> the options in the Revision Form, he must<br />

still fill the details <strong>of</strong> the other two options that are not being changed, in the Revision Form<br />

214

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!