Electronic Registration of Bids (a)
The Syndicate Members will register the Bids using the on-line facilities of NSE and BSE. There will be at least one
on-line connectivity in each city, where a stock exchange is located in India and where Bids are being accepted.
(b)
NSE and BSE will offer a screen-based facility for registering Bids for the Issue. This facility will be available on the
terminals of the Syndicate Members and their authorised agents during the Bidding Period/Issue Period. Syndicate
Members can also set up facilities for off-line electronic registration of Bids subject to the condition that they will
subsequently download the off-line data file into the on-line facilities for book building on a regular basis. On the
Bid Closing Date/ Issue Closing Date, the Syndicate Members shall upload the Bids till such time as may be
permitted by the NSE and BSE.
(c)
The aggregate demand and price for Bids registered on the electronic facilities of NSE and BSE will be downloaded
on a regular basis, consolidated and displayed on-line at all bidding centers. A graphical representation of the
consolidated demand and price would be made available at the bidding centers and the websites of the NSE and
BSE during the Bidding Period/Issue Period.
(d)
At the time of registering each Bid, the members of the Syndicate shall enter the following details of the investor in
the on-line system:
Name of the investor;
Investor Category –Individual, Corporate, FII, NRI or mutual fund, etc.;
Numbers of Equity Shares Bid for;
Bid price;
Bid cum Application Form number;
Whether payment is made upon submission of Bid cum Application Form;
Margin Amount; and
Depository Participant identification no. and client identification no. of the demat account of the Bidder.
(e)
A system generated TRS will be given to the Bidder as a proof of the registration of each of the bidding options. It
is the Bidder’s responsibility to obtain the TRS from the members of the Syndicate. The registration of the Bid by the
member of the Syndicate does not guarantee that the Equity Shares shall be allocated either by the members of
the Syndicate or the Bank.
(f)
Such TRS will be non-negotiable and by itself will not create any obligation of any kind.
(g)
In case of QIB Bidders, the BRLMs also have the right to accept the Bid or reject it. However, such rejection should
be made at the time of receiving the Bid and only after assigning a reason for such rejection. Additionally, Bids
would be liable to be rejected on the technical grounds listed in this Red Herring Prospectus.
(h)
It is to be distinctly understood that the permission given by NSE and BSE to use their network and software of the
Online IPO system should not in any way be deemed or construed to mean that the compliance with various
statutory and other requirements by the Bank or the BRLMs are cleared or approved by NSE and BSE; nor does it
in any manner warrant, certify or endorse the correctness or completeness of any of the compliance with the
statutory and other requirements nor does it take any responsibility for the financial or other soundness of our Bank,
our management or any scheme or project of our Bank.