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

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Book Building Procedure<br />

ISSUE PROCEDURE<br />

This Issue is being made through the 100% Book Building Process wherein at least 50% <strong>of</strong> the Net Issue<br />

will be available for allocation on a proportionate basis to QIBs, out <strong>of</strong> which 5% shall be available for<br />

allocation on a proportionate basis to Mutual Funds only, <strong>and</strong> the remainder <strong>of</strong> the QIBs Portion shall<br />

be available for allocation on a proportionate basis to all QIBs, including Mutual Funds, subject to<br />

valid Bids being received at or above Issue Price. If at least 50% <strong>of</strong> the Net Issue cannot be allocated<br />

to QIBs, then the entire application money will be refunded forthwith. Further, upto 35% <strong>of</strong> the Net<br />

Issue to Public shall be available for Allocation on a proportionate basis to Retail Individual Bidders<br />

<strong>and</strong> upto 15% <strong>of</strong> the Net Issue to Public shall be available for Allocation on a proportionate basis to<br />

Non-Institutional Bidders, subject to valid Bids being received at or above the Issue Price.<br />

Bidders are required to submit their Bids through the members <strong>of</strong> the Syndicate. We, in consultation<br />

with the BRLM reserve the right to reject any QIB Bid procured by any or all members <strong>of</strong> the<br />

Syndicate provided the rejection is at the time <strong>of</strong> receipt <strong>of</strong> such Bid <strong>and</strong> the reason for rejection <strong>of</strong><br />

the Bid is communicated to the Bidder at the time <strong>of</strong> rejection <strong>of</strong> the Bid. In case <strong>of</strong> Non-<br />

Institutional Bidders <strong>and</strong> Retail Individual Bidders, our Company would have a right to reject the Bids<br />

only on technical grounds.<br />

Investors should note that Equity Shares will be allotted to successful Bidders only in the<br />

dematerialized form. Bidders will not have the option <strong>of</strong> getting Allotment <strong>of</strong> the Equity Shares in<br />

physical form. The Equity Shares on Allotment shall be traded only in the dematerialised segment<br />

<strong>of</strong> the Stock <strong>Exchange</strong>s.<br />

Bid-Cum-Application Form<br />

Bidders shall only use the specified Bid-cum-Application Form bearing the stamp <strong>of</strong> a member <strong>of</strong> the<br />

Syndicate for the purpose <strong>of</strong> making a Bid in terms <strong>of</strong> this Draft Red Herring Prospectus. The Bidder<br />

shall have the option to make a maximum <strong>of</strong> three Bids in the Bid-cum-Application Form <strong>and</strong> such<br />

options shall not be considered as multiple Bids. Upon the allocation <strong>of</strong> Equity Shares, dispatch <strong>of</strong> the<br />

Confirmation <strong>of</strong> Allocation Note (“CAN”), <strong>and</strong> filing <strong>of</strong> the Prospectus with the Registrar <strong>of</strong><br />

Companies, Maharashtra at Mumbai, the Bid-cum-Application Form shall be considered as the<br />

Application Form. Upon completing <strong>and</strong> submitting the Bid-cum-Application Form to a member <strong>of</strong> the<br />

Syndicate, the Bidder is deemed to have authorised our Company to make the necessary changes in<br />

the Red Herring Prospectus <strong>and</strong> the Bid-cum-Application Form as would be required for filing the<br />

Prospectus with the Registrar <strong>of</strong> Companies, Maharashtra at Mumbai <strong>and</strong> as would be required by<br />

Registrar <strong>of</strong> Companies, Maharashtra at Mumbai after such filing, without prior or subsequent notice<br />

<strong>of</strong> such changes to the Bidder.<br />

The prescribed colour <strong>of</strong> the Bid-cum-Application Form for various categories is as follows:<br />

Category Colour <strong>of</strong> Bid-cum-Application Form<br />

Indian public or NRIs applying on a non-repatriation basis White<br />

Non-residents, NRIs, FIIs, Foreign Venture Capital Fund Blue<br />

registered with SEBI, Multilateral <strong>and</strong> Bilateral Development<br />

Financial Institutions applying on repatriation basis<br />

Who can Bid<br />

1. Indian nationals resident in India who are majors, in single or joint names (not more than three);<br />

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