sejal architectural glass limited - Securities and Exchange Board of ...

Who can apply**
Terms of payment
Margin Amount
Public financial
institutions, as
specified in Section 4A
of the Companies Act,
scheduled commercial
banks, mutual funds,
foreign institutional
investor registered
with SEBI, multilateral
and bilateral
development financial
institutions, Venture
Capital Funds
registered with SEBI,
foreign Venture capital
investors registered
with SEBI, State
Industrial Development
Corporations,
insurance companies
registered with the
Insurance Regulatory
and Development
Authority, provident
funds with minimum
corpus of Rs. 2500 Lacs
and pension funds with
minimum corpus of Rs.
2500 Lacs in
accordance with
applicable law.
Margin Amount
applicable to QIB
Bidders at the time of
submission of Bid-cum-
Application form to the
members of the
syndicate
Atleast 10% of the Bid
amount in respect of
Bids placed by QIB
Bidder on bidding
Resident Indian Individuals (including
individuals, HUF (in NRIs and HUFs in the
the name of Karta), name of Karta) applying
companies, corporate for Equity Shares such
bodies, NRIs, Scientific that the Bid Amount
Institutions, Societies does not exceed Rs.
and Trusts
1,00,000 in value.
236
Margin Amount Margin Amount
applicable to Non- applicable to Retail
institutional Bidder at Individual Bidders at the
the time of submission time of submission of
of Bid-cum-Application Bid-cum-Application
Form to the Member of form to the members of
Syndicate.
the syndicate
Full amount on bidding Full amount on bidding
Notes: Subject to valid bids being received at or above the Issue Price. At least 50% of the Net Issue
shall be available for allocation on a proportionate basis to QIB Bidders. 5% of the QIB Portion shall
be available to Mutual Funds. Mutual Funds participating in the 5% share in the QIB Portion will also
be eligible for allocation in the remaining QIB Portion. Further, at least 15% of the Net Issue shall be
available for allocation on a proportionate basis to Non-Institutional Bidders and at least 35% of the
Net 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. If the aggregate demand by Mutual
Funds is less than 2,42,590 Equity Shares, the balance Equity Shares available for allocation in the
Mutual Fund reservation will first be added to the QIB Portion and be allocated proportionately to the
QIB Bidders in proportion to their Bids.