Book Building Issues

Offer Price: A price band is offered by the issuer within which investors are allowed to bid and the final price is determined by the issuer only after closure of the bidding.

Demand :Demand for the securities offered , and at various prices, is available on a real time basis on the NSE & BSE website during the bidding period
Payment :10 % advance payment is required to be made by the QIBs along with the application, while other categories of investors have to pay 100 % advance along with the application. Reservations : 50 % of shares offered are reserved for QIBS, 35 % for small investors and the balance for all other investors.

IPO Process Book Built Issue

Decision to go for IPO Funds transferred to issuer Appointment of BRLM and legal counsel

Listing

Issuer
RoC filing of final Prospectus

Due diligence

Drafting of Draft Red Herring

Pricing & Allocation

Filing with SEBI & Stock Exchanges Preparation / Approvals

Pre-Marketing

SEBI Clearance & ROC Filing

Roadshows Book building Launch & Completion

Marketing and Estimation of Price Range

CARE IPO
IPO Grade BRLMs RTI BOOK VALUE @ Mar. 31, 2011 ISSUE PRICE BAND NO. OF SHARES ON OFFER TOTAL AMT @ UPPER END TOTAL AMT @ LOWER END APPLICATIONS RCVD X SUBSCRIBED CUTOFF PRICE DETAILS N/A Kotak IB, BofA-ML, Edelweiss, ICICI-Sec, IDBI Capital, SBI Cap Karvy Computershare Rs. 317.75 Rs. 700-750/ share 7,198,983 Rs. 5,399,237,250 Rs. 5,039,288,100 245,557,300 34.11 Rs. 750/ share

Fast Track Issue

Allowed by SEBI since 2007 for faster & cost effective capital raising Companies to be listed on NSE and/or BSE for at least the immediately preceding 3 years prior Average market capitalization of public shareholding of the issuer is at least Rs. 3000 crore; Trading T/O at least 2% of total listed shares in last 6 months Excellent investor grievance redressing rate ~ 95% Clean auditor reports & promoter image

Ex: Tata Steel FPO Jan 2012