Prominent Notes: - Securities and Exchange Board of India

Gujarat
Tel. No.: +91 2668- 2312093/2313005
Fax No.: +91 2668- 2313210
E-mail: cmcr01946@sbi.co.in
Website: www.statebankofindia.com
Contact Person: Mr. C. K. Suresh
MONITORING AGENCY
As the net proceeds of the Issue will be less than ` 50,000 Lacs, under the SEBI (ICDR) Regulations,
2009 it is not required that a monitoring agency be appointed by our Company.
However, as per the Clause 49 of the Listing Agreement to be entered into with the Stock Exchanges
upon listing of the Equity Shares and in accordance with the Corporate Governance requirements, the
Audit Committee of our Company would be monitoring the utilization of the Issue Proceeds.
Book Building Process
Book building, with reference to the Issue, refers to the process of collection of Bids on the basis of the
Red Herring Prospectus within the Price Band. The Issue Price is finalized after the Bid/ Issue Closing
Date. The principal parties involved in the Book Building Process are:
The Company;
BRLM;
Syndicate Members who are intermediaries registered with SEBI or registered as brokers with
BSE/NSE and eligible to act as Underwriters. The Syndicate Members are appointed by the
BRLM;
Registrar to the Issue; and
Escrow Collection Banks; and
SCSBs.
Regulation 43(2) of the SEBI (ICDR) Regulations, 2009 has permitted an issue of securities to the
public through the 100% Book Building Process, wherein not more than 50% of the Issue shall be
available for allocation to QIBs on a proportionate basis, out of which 5% shall be available for
allocation on a proportionate basis to Mutual Funds only, and the remainder of the Qualified
���������������������������������������������������������������������������������e basis to all Qualified
Institutional Buyers, including Mutual Funds, subject to valid Bids being received at or above Issue
Price. Further, not less than 15% of the Issue shall be available for allotment to Non Institutional
Bidders and not less than 35% of the Issue shall be available for allotment to Retail Individual Bidders
on a proportionate basis, subject to valid Bids being received at or above the Issue Price.
We will comply with the SEBI (ICDR) Regulations, 2009 for this Issue. In this regard, we have
appointed Arihant Capital Markets Limited as the BRLM to manage the Issue and procure
subscriptions to the Issue.
In accordance with the SEBI Regulations, QIBs are not allowed to withdraw their Bid(s) after
the Bid/Issue Closing Date. For further details, please see the section titled �Terms of the Issue�����
page 239 of this Prospectus.
The process of Book Building under the SEBI Regulations is subject to change from time to time
and the investors are advised to make their own judgment about investment through this process
prior to making a Bid or application in the Issue.
Illustration of Book Building and Price Discovery Process (Investors should note that this example
is solely for illustrative purposes and is not specific to the Issue)
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