STEPS IN THE PROCESS OF BOOK BUILDING PROCESS

1. The Final prospectus is filed with registrar of companies of within 2 days of determination of issue
price and receipts of acknowledgement card from SEBI.

2. Two different accounts for collection of application money, one for the private placement portion
and the other for the public subscription should be opened by theissuer company.

3. The placement portion is closed a day before the opening of the public issue throughfixed price
method. The Book Runner is required to have the application forms alongwith the application
money from the institutional buyers and the underwriters to the private placement portion.

4. The allotment for the private placement portion shall be made on the 2nd day from theclosure of
the issue and the private placement portion is ready to be listed.

5. The allotment and listing of issue under the public portion (i.e. fixed price portion)must be as per
the existing statutory requirements.

6. Finally, the SEBI has the right to inspect such records and books which aremaintained by the Book
Runner and other intermediaries involved in the Book BuildingProcess.