Bank of baroda

BANK OF BARODA
Activities
Responsibility
Co-ordinator
Branch Training including identification of Branches/ centres,
SBICAP, DSPML,
DSPML
branch training material, etc.
Enam, JMMS, Kotak,
Karvy Investor and
HSBC
Managing the Book, coordination with Stock Exchanges,
SBICAP, DSPML,
DSPML
pricing and allocation to QIB Bidders.
Enam, JMMS, Kotak,
Karvy Investor and
HSBC
Post bidding activities including management of
SBICAP, DSPML,
HSBC
Escrow Accounts, co-ordinate non-institutional allocation,
Enam, JMMS, Kotak,
intimation of allocation and dispatch of refunds to Bidders, etc.
Karvy Investor and
HSBC
The post issue activities of the Issue will involve essential
SBICAP, DSPML,
HSBC
follow up steps, which include finalization of trading and
Enam, JMMS, Kotak,
dealing instruments and dispatch of certificates and demat
Karvy Investor and
delivery of shares, with the various agencies connected with
HSBC
the work such as Registrars to the Issue, Banker to the Issue
and the bank handling refund business. The BRLMs shall be
responsible for ensuring that these agencies fulfil their
functions and enable them to discharge this responsibility
through suitable agreements with the Bank.
Credit Rating
As the Issue is of equity shares, a credit rating is not required.
Trustees
As the Issue is of equity shares, the appointment of trustees is not required.
Book Building Process
Book building refers to the process of collection of Bids, on the basis of the Red Herring Prospectus within the Price
Band. The Issue Price is fixed after the Bid Closing Date/Issue Closing Date.
The principal parties involved in the Book Building Process are:
The Bank;
Book Running Lead Managers;
Syndicate Members who are intermediaries registered with SEBI or registered as brokers with BSE/NSE and
eligible to act as Underwriters. Syndicate Members are appointed by the BRLMs;
Escrow Collection Bank; and
Registrar to the Issue.
The SEBI Guidelines have permitted an issue of securities to the public through the 100% Book Building Process,
wherein up to 50% of the Net Issue shall be allocated on a proportionate basis to QIBs. Of the QIB Portion, 5% would be
available for allocation to mutual funds registered with SEBI. Further, not less than 15% of the Net Issue shall be
available for allotment on a proportionate basis to Non-Institutional Bidders and not less than 35% of the Net Issue shall
be available for allotment on a proportionate basis to Retail Individual Bidders, subject to valid Bids being received at or
above the Issue Price. We will comply with the SEBI Guidelines for this Issue. In this regard, we have appointed the
BRLMs to manage the Issue and to procure subscriptions to the Issue.

---

17
Pursuant to amendments to the SEBI Guidelines, QIB Bidders are not allowed to withdraw their Bid(s) after the Bid
Closing Date/Issue Closing Date and for further details see the section titled “Terms of the Issue” beginning on page 346
of this Red Herring Prospectus.