Bank of baroda

C.
For QIB Bidders
Bids received from the QIB Bidders at or above the Issue Price shall be grouped together to determine the
total demand under this portion. The allocation to all the QIB Bidders will be made at the Issue Price.
The Net Issue size less allocation to Non-Institutional Bidders and Retail Individual Bidders shall be available
for allocation to QIB Bidders who have bid in the Issue at a price that is equal to or greater than the Issue
Price.
Allotment shall be undertaken in the following manner:
(a)
In the first instance allocation to Mutual Funds for up to 5% of the QIB Portion shall be determined as
follows:
(i)
In the event that Bids from Mutual Fund exceeds 5% of the QIB Portion, allocation to Mutual Funds
shall be done on a proportionate basis for up to 5% of the QIB Portion.
(ii)
In the event that the aggregate demand from Mutual Funds is less than 5% of the QIB Portion,
then all Mutual Funds shall get full allotment to the extent of valid bids received above the Issue
Price.
(iii)
Equity Shares remaining unsubscribed, if any, not allocated to Mutual Funds shall be available to
all QIB Bidders as set out in (b) below;
(b)
In the second instance allocation to all QIBs shall be determined as follows:
(i)
The number of Equity Shares available for this category shall be the QIB Portion less allocation
only to Mutual Funds as calculated in (a) above.
(ii)
The subscription level for this category shall be determined based on the overall subscription in
the QIB Portion less allocation only to Mutual Funds as calculated in (a) above.
(iii)
Based on the above, the level of the subscription shall be determined and proportionate allocation
to all QIBs including Mutual Funds in this category shall be made.
The aggregate allocation to QIB Bidders shall be up to 31,950,000 Equity Shares.