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SCHEDULE - 19A - ILLUSTRATION REGARDING ALLOTMENT TO QIBs - SEBI (Disclosure and Investor Protection Guidelines) 2000Extract SCHEDULE XIX-A [ 1 (Clause 11.3.5 (ii-a))] ILLUSTRATION REGARDING ALLOTMENT TO QIBs A. ISSUE DETAILS Sr. No. Particulars Issue details 1 Issue size 200 crores equity shares 2 Allocation to QIB ( 50%) 100 crores equity shares Of which a. Reservation to MF (5%) 5 crores equity shares b. Balance for all QIBs including MFs 95 crores equity shares 3 No. of QIB applicants 10 4 No. of shares applied for 500 crores equity shares B. DETAILS OF QIB BIDS S. No. Type of QIB bidders No. of shares bid for (in crores) 1 A1 50 2 A2 20 3 A3 130 4 A4 50 5 A5 50 6 MF1 40 7 MF2 40 8 MF3 80 9 MF4 20 10 MF5 20 TOTAL 500 A1-A5 (QIB bidders other than MFs) MF1-MF5 (QIB bidders which are MFs) C. DETAILS OF ALLOTMENT TO QIB BIDDERS/APPLICANTS (No. of equity shares in crores) Type of QIB bidders Shares bid for Allocation of 5 crores shares to MFs proportionately (See Note 2) Allocation of balance 95 crores shares to QIBs proportionately (See Note 4) Aggregate allocation to MFs (I) (II) (III) (IV) (V) A1 50 0 9.60 0 A2 20 0 3.84 0 A3 130 0 24.95 0 A4 50 0 9.60 0 A5 50 0 9.60 0 MF1 40 1 7.48 8.48 MF2 40 1 7.48 8.48 MF3 80 2 14.97 16.97 MF4 20 0.5 3.74 4.24 MF5 20 0.5 3.74 4.24 500 5 95 42.42 Notes: 1. The illustration presumes compliance with the provisions of clause .7.6.1.1 of the guidelines pertaining to minimum allotment. 2. Out of 100 crore equity shares allocated to QIBs, 5 crores (i.e. 5%) will be allocated on proportionate basis among 5 mutual fund applicants who applied for 200 shares in QIB category. 3. The balance 95 crore equity shares [i.e. 100 - 5 (available for MFs)] will be allocated on proportionate basis among 10 QIB applicants who applied for 500 shares (including 5 MF applicants who applied for 200 shares). 4. The figures at Col. No. IV are arrived as under : a. For QIBs other than mutual funds (A1 to A5) = No. of shares bid for (i.e Col II) X 95 / 495 b. For mutual funds (MF1 to MF5) = { (No. of shares bid for (i.e Col II) less shares allotted ( i.e., col. III )} X 95/495 c. The numerator and denominator for arriving at allocation of 95 crore shares to the 10 QIBs are reduced by 5 crore shares, which has already been allotted to mutual funds at Col. No. (III). ********* 1 Inserted schedule, vide SEBI Circular No. SEBI/CFD/DIL/DIP/16/2005/19/9 dated September 19, 2005.
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