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

2. Hindu Undivided Families or HUFs in the individual name of the Karta. The Bidder should specify
that the Bid is being made in the name of the HUF in the Bid-cum-Application Form as follows:
“Name of sole or first Bidder: XYZ Hindu Undivided Family applying through XYZ, where XYZ is
the name of the Karta”. Bids by HUFs would be considered at par with those from individuals;
3. Companies, corporate bodies and societies registered under the applicable laws in India and
authorised to invest in the Equity Shares;
4. Indian Mutual Funds registered with SEBI;
5. Indian Financial Institutions, commercial banks (excluding foreign banks), regional rural banks,
co-operative banks (subject to RBI regulations, as applicable);
6. Venture Capital Funds registered with SEBI;
7. Foreign Venture Capital Investors registered with SEBI;
8. State Industrial Development Corporations;
9. Multilateral and bilateral development financial institutions;
10. Eligible NRIs and other Non Residents including FIIs on a repatriation basis or non-repatriation
basis subject to applicable laws; and
11. Insurance companies registered with the Insurance Regulatory and Development Authority;
12. Provident funds with minimum corpus of Rs. 2500 Lacs and who are authorised under their
constitution to hold and invest in Equity Shares;
13. Pension funds with minimum corpus of Rs. 2500 Lacs and who are authorised under their
constitution to hold and invest in Equity Shares;
14. Trust/ society registered under the Societies Registration Act, 1860, as amended, or under any
other law relating to trusts/ society and who are authorised under their constitution to hold and
invest in Equity Shares; and
15. Scientific and/ or industrial research organizations authorised to invest in Equity Shares and
16. Persons otherwise eligible to invest under all applicable laws, rules, regulations and guidelines.
As per existing regulations, OCBs cannot Bid in this Issue.
Note: Bidders are advised to ensure that any single Bid from them does not exceed the
investment limits or maximum number of Equity Shares that can be held by them under the
relevant laws, rules, regulations, guidelines and approvals.
Participation by Associates of the BRLM and Syndicate Members
The BRLM and Syndicate Members shall not be entitled to subscribe to this Issue in any manner
except towards fulfilling their underwriting obligation. However, associates and affiliates of the
BRLM, and Syndicate Members may subscribe for Equity Shares in the Issue, including in the QIB
Portion and Non-Institutional Portion where the allocation is on a proportionate basis. Such holding or
subscription maybe on their behalf or on behalf of their clients.
BIDS BY MUTUAL FUNDS
An eligible Bid by a Mutual Fund shall first be considered for allocation proportionately in the Mutual
Funds Portion. In the event that the demand is greater than the 2,42,590 Equity Shares, allocation
shall be made to Mutual Funds on a proportionate basis to the extent of Mutual Funds Portion. The
remaining demand by Mutual Funds shall, as part of the aggregate demand by QIB Bidders, be made
available for allocation proportionately out of the remainder of the QIB portion, after excluding the
allocation in the Mutual Funds Portion. The Bids made by Asset Management Companies or Custodians
of Mutual Funds should specifically state the name of concerned schemes for which Bids are made.
As per the current regulations, the following restrictions are applicable for investments by
Mutual Funds:
No mutual fund scheme shall invest more than 10% of its net asset value in the Equity Shares or
equity related instruments of any company provided that the limit of 10% shall not be applicable for
investments in index funds or sector or industry specific funds. No Mutual Fund under its scheme
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