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

is given only to the Retail Individual Bidders indicating their agreement to Bid and purchase
at the final Issue Price as determined at the end of the Book Building Process.
(b) For Non-Institutional Bidders and QIBs Bidders: The Bid must be for a minimum of such
Equity Shares such that the Bid Amount exceeds Rs. 1,00,000 and in multiples of [●] Equity
Shares thereafter. A Bid cannot be submitted for more than the size of the Issue. However,
the maximum Bid by a QIB should not exceed the investment limits prescribed for them by
the regulatory or statutory authorities governing them. Under existing SEBI guidelines, a QIB
Bidder cannot withdraw its Bid after the Bid/Issue Closing Date and is required to pay the QIB
Margin Amount upon submission of the Bid.
In case of revision of Bids, the Non Institutional Bidders who are individuals have to ensure
that the Bid Amount is greater than Rs. 1,00,000. In case the Bid Amount reduces to Rs.
1,00,000 or less due to a revision in Bids or revision of Price Band, the same would be
considered for allocation under the Retail portion. Non Institutional Bidders and QIB Bidders
are not allowed to Bid at ‘Cut-Off’ price.
Bidders are advised to ensure that any single Bid from them does not exceed the investment
limit or maximum number of equity shares that can be held by them under applicable law or
regulation or as specified in this Draft Red Herring Prospectus.
Refund amounts following a permitted withdrawal of a Bid shall be made in the manner
described under paragraph “Payment of Refund”
Information for Bidders
(a) Our Company will file the Red Herring Prospectus with the Registrar of Companies, Maharashtra
at Mumbai atleast 3 days before the Bid/ Issue Opening Date.
(b) The members of the Syndicate will circulate copies of the Red Herring Prospectus along with the
Bid-cum-Application Form to potential investors.
(c) Any investor (who is eligible to invest in our Equity Shares) who would like to obtain the Red
Herring Prospectus and/ or the Bid-cum-Application Form can obtain the same from our
Registered office or from any of the BRLM/Syndicate Members.
(d) Investors who are interested in subscribing for our Company’s Equity Shares should approach the
BRLM or Syndicate Member or their authorised agent(s) to register their Bid.
(e) The Bids should be submitted on the prescribed Bid-cum-Application Form only. Bid-cum-
Application Forms should bear the stamp of the members of the Syndicate. Bid-cum-Application
Forms, which do not bear the stamp of the members of the Syndicate, will be rejected.
Method and Process of Bidding
a) Our Company and the BRLM shall declare the Bid/Issue Opening Date, Bid/Issue Closing Date and
Price Band at the time of filing the Red Herring Prospectus with Registrar of Companies,
Maharashtra at Mumbai and also publish the same in one English national daily, one Hindi
national daily and in one Regional newspaper with wide circulation. This advertisement shall
contain the minimum disclosures as prescribed under Schedule XX-A of the SEBI Guidelines. The
BRLM and Syndicate Members shall accept Bids from the Bidders during the Issue Period in
accordance with the terms of the Syndicate Agreement.
b) The Bidding Period shall be a minimum of three working days and shall not exceed seven working
days. In case the Price Band is revised, the revised Price Band and Bidding Period will be
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