SRS Limited (RHP) - Karvy

SRS LimitedType ofQIBbiddersEquitysharesbid forAllocation of 35 mn. equityshares to MFsproportionately(See Note 2)Allocation of balance 665 mn.equity shares to QIBsproportionately(See Note 4)Aggregateallocation toMFsMF4 200 3.5 26.60 30.10MF5 200 3.5 26.60 30.105,000 35 665 301Notes:(1) The illustration presumes compliance with the provisions of Regulation 50(1) pertaining tominimum allotment.(2) Out of 700 mn.equity shares allocated to QIBs, 35 mn. (i.e. 5%) will be allocated on proportionatebasis among 5 mutual fund applicants who applied for 2000 mn. equity shares in QIB category.(3) The balance 665 mn. equity shares [i.e. 700 – 35 (available for MFs)] will be allocated onproportionate basis among 10 QIB applicants who applied for 5000 mn. equity shares (including 5MF applicants who applied for 2000 mn. equity shares).(4) The figures at Col. No. IV are arrived as under :(a) For QIBs other than mutual funds (A1 to A5) = No. of shares bid for (i.e. Col II) X 665 /4965(b) For mutual funds (MF1 to MF5) = {(No. of shares bid for (i.e. Col II) less shares allotted(i.e., col. III )} X 665 / 4,965(c) The numerator and denominator for arriving at allocation of 665 mn. shares to the 10 QIBsare reduced by 35 mn. shares, which have already been allotted to mutual funds at Col. No.(III).Method of Proportionate Basis of Allotment in the Issue (for other than Anchor Investors)Except in relation to Anchor Investors, in the event of the Issue being over-subscribed, the Company shallfinalise the basis of Allotment in consultation with the Designated Stock Exchange. The Executive Director(or any other senior official nominated by them) of the Designated Stock Exchange along with the BRLMsand the Registrar to the Issue shall be responsible for ensuring that the basis of Allotment is finalised in afair and proper manner.Except in relation to Anchor Investors, the Allotment shall be made in marketable lots, on a proportionatebasis as explained below:a) Bidders will be categorized according to the number of Equity Shares applied for.b) The total number of Equity Shares to be allotted to each category as a whole shall be arrived at ona proportionate basis, which is the total number of Equity Shares applied for in that category(number of Bidders in the category multiplied by the number of Equity Shares applied for)multiplied by the inverse of the over-subscription ratio.c) Number of Equity Shares to be allotted to the successful Bidders will be arrived at on aproportionate basis, which is total number of Equity Shares applied for by each Bidder in thatcategory multiplied by the inverse of the over-subscription ratio.d) In all Bids where the proportionate Allotment is less than ●] Equity [ Shares per Bidder, theallotment shall be made as follows:• The successful Bidders out of the total Bidders for a category shall be determined by draw oflots in a manner such that the total number of Equity Shares Allotted in that category is equalto the number of Equity Shares calculated in accordance with (b) above; and• Each successful Bidder shall be Allotted a minimum of [●] Equity Shares.e) If the proportionate Allotment to a Bidder is a number that is more than [●] but is not a multiple ofone (which is the marketable lot), the decimal would be rounded off to the higher whole number ifthat number is 0.50 or higher. If that number is lower than 0.50, it would be rounded off to thelower whole number. Allotment to all in such categories would be arrived at after such roundingoff.453