ISSUER CO.

In principle Approval SE

Annexure 1 Book Building Issues Process Flow Chart

ISSUE OPENS Full page advertisement for 5 days before issue opens

BRLM

DRAFT RHP

SEBI

DRAFT RHP

ROC BRLM Application to SE BIDDING centres finalised Floor Price and Price Band finalised by Issuer Company Issue time table finalised Arrangements with BSE/ NSE for book building process (usage of software for the bidding process) Printing RHP and Application.(Bid) Forms

BRLM Appoints Syndicate Members (SM), Registrars, Underwriters, Printers, Bankers to the Issue, Ad Agencies, Escrow Accounts. Submits Prepares and files due diligence and draft RHP with SEBI; Submits filing fees to SEBI; Obtains in-principle approval from SE and files with SEBI; enters into tripartite agreement with Registrars and Depositories.

Despatch of RHP & Bid Forms To SEs, Investor Assoc. & SM

ADVT.

Escrow Agreement Signed With Bankers

Syndicate Agreement filed with SEBI

ISSUE CLOSES Investor submits forms update prospectus Price determination by BRLM / ISSUER

Underwriting agreement signed with BRLM and SM

SM and SUB - SM

Applications + cheques

offline(batch) / online data entry

BANKERS TO AN ISSUE collects physical forms from SM schedule of Bid forms prepared sends cheques / drafts for clearance informs registrar about cheque / clearance details sends physical forms to registrar

BSE / NSE

electronic book BRLM

BRLM submits final prospectus to QIBs and Offer document to SEBI / ROC

Allocation to QIBs on Discretionary portion

electronic book

REGISTRAR Data entry Reconciliation of data received from BRLM Reconciliation of Bank statements Reconciles physical forms

Strike Order of CANs and Refund Warrants given to the Printer

Allocation approved by SEs

Issuer approves allotment (Board Resolution)

Basis of Allocation finalised by Issuer, Registrar, BRLM, Designated SE and PR

BRLM TRANSFER OF FUNDS from Escrow account to Public Issue account

REGISTRAR Electronic data file sent to Depositories for crediting accounts Despatch refund orders to nonallottees within 2 working days Confirmation of despatch of refund orders Provide issuers with requisite documents

confirmation of despatch of refund orders

ISSUER CO. / BRLM

BRLM

confirmation of credit to BO accounts

CANs

QIBs

REGISTRAR Data for reconciliation of QIB Basis of allocation finalised for Retail and HNI Submission of Basis of allocation to SEs

DEPOSITORIES Crediting of shares into individual BO accounts

STOCK EX. Issuer seeks listing approval If approved, trading commences

ABBREVIATIONS USED SM - Syndicate Members SE - Stock Exchanges BRLM Book Running Lead Managera RHP Red Herring Prospectus ROC Registrar of Companies Sub SM Sub Syndicate Manager QIB Qualified Institutional Buyers HNI High Net-worth Individuals CAN Confirmation of Allocation Notes PR Public Representative BO Beneficiary Owners