Bank of baroda

Allocation to QIB Bidders
Allocation to QIB Bidders is proportionate as per the terms of this Red Herring Prospectus. Further, out of the QIB Portion,
5% would be available for allocation to Mutual Funds. In case of inadequate demand from the Mutual Funds, the Equity
Shares would be made available to QIBs other than mutual funds. Valid bids from Mutual Funds would be eligible for
allotment from the 5% of the QIB Portion as well as from the balance QIB Portion. The subscription for proportionate
allotment to QIBs shall be identified after reducing 5% of the total allocation to QIBs or any lesser amount allotted to
Mutual Funds.

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BANK OF BARODA
CAPITAL STRUCTURE
(Rs. in million)
As of September 30, 2005
Aggregate Value
Aggregate Value
at nominal value
at Issue Price
A) AUTHORISED EQUITY SHARE CAPITAL
1,500,000,000 Equity Shares of Rs. 10 each
15,000.00
B) ISSUED AND SUBSCRIBED EQUITY SHARE CAPITAL
296,000,000
Equity Shares of Rs. 10 each
2,960.00
C) PAID UP CAPITAL
293,265,400
Equity Shares of Rs. 10 each
2,932.65
D) PRESENT ISSUE IN TERMS OF THIS RED HERRING PROSPECTUS
71,000,000*
Equity Shares of Rs. 10 each fully paid up
710.00
[
]
Of which
(i)
Employee Reservation Portion - 7,100,000 Equity Shares
71.00
[
]
(ii)
Net Issue to the Public - 63,900,000 Equity Shares
639.00
[
]
E) EQUITY CAPITAL AFTER THE ISSUE
364,265,400
Equity Shares of Rs. 10 each fully paid up shares
3,642.65
[
]
F) SHARE PREMIUM ACCOUNT
Before the Issue
7,388.00
After the Issue
[
]
*
Our Board of Directors authorised a fresh issue of up to 90,000,000 Equity Shares of Rs. 10 each pursuant to a
resolution passed at its meeting held on September 12, 2004. Our shareholders subsequently authorised the fresh
issue of up to 90,000,000 Equity Shares of Rs. 10 each, by a resolution passed unanimously at the EGM of our
Bank held on January 4, 2005, subject to the approval of the GoI, the RBI, SEBI and other relevant authorities. The
GoI, Ministry of Finance, Department of Economic Affairs (Banking Division) has granted its approval for the present
Issue of 71,000,000 Equity Shares through its letter no. F.No.11/31/2004-BOA dated February 11, 2005. For further
details, see the sections titled “Capital Structure-Notes to Capital Structure” on page 21 of this Red Herring Prospectus,
“Other Regulatory and Statutory Disclosures - Authority for the Issue” on page 332 of the Red Herring Prospectus
and “Licenses and Approvals – Licenses and Approvals” beginning on page 327 of the Red Herring Prospectus
and for details on Section 3(2BBA) (a) of the Bank Acquisition Act 1970, see the section titled “Main Provisions of
Constitutional Documents” beginning on page 373 of this Red Herring Prospectus.
The Board of Directors of the Bank at its meeting held on August 29, 2003 forfeited 2,738,300 shares on account of
failure of non payment of allotment/call money. As of March 31, 2005, 3,700 Equity Shares have been annulled. The
called and paid up capital of the Bank includes 12.62 million on account of forfeited shares.
a)
The Bank offered 100,000,000 Equity Shares of Rs. 10 each for cash at a premium of Rs.75 per share for
subscription to the public on December 5, 1996. Out of the same, 9,000,000 shares were reserved for regular/
permanent Indian employees of the Bank.
b)
The authorised share capital of the Bank is Rs. 15,000 million as per sub-section 2A of section 3 of the Bank
Acquisition Act, as amended from time to time. There have been no changes to our authorised share capital since
nationalisation on July 19, 1969.

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