4. BID OPTIONS (Only Retail Individual Bidders can Bid at "Cut-off ")

No. of Equity Shares Bid (In Figures)(Bids must be in multiples of

Bid Lot as advertised)Bid Options

Price per Equity Share (`̀̀̀̀) / "Cut-off"(Price in multiples of `̀̀̀̀ 1/- only) (In Figures)

Bid Price Discount, if any Net Price "Cut-off"

GOODWILL HOSPITAL AND RESEARCH CENTRE LIMITEDPUBLIC ISSUE - R

To,The Board of DirectorsGOODWILL HOSPITAL AND RESEARCH CENTRE LIMITED

COMMON BID CUM APPLICATIONFORM FOR ASBA / NON-ASBA

Bid cum ApplicationForm No.

FOR RESIDENT INDIAN, QIB, ELIGIBLE NRI’sAPPLYING ON A NON-REPATRIATION BASIS

7. PAYMENT DETAILS (Please tick (33333) any one of payment option A or B below)

Amount Paid (` in figures)_______________________________ (` in words) ________________________________________________________________________

(A) CHEQUE/ DEMAND DRAFT (DD)

Cheque/DD No. Dated

Drawn on (Bank Name & Branch)

(B) ASBA

Bank A/c No.

Bank Name & Branch ____________________________________________________

_______________________________________________________________________

I/WE (ON BEHALF OF JOINT APPLICANTS, IF ANY) HEREBY CONFIRM THAT I/WE HAVE READ AND UNDERSTOOD THE TERMS AND CONDITIONS OF THIS BID CUM APPLICATION FORM AND THE ATTACHED FORM 2A AND HEREBYAGREE AND CONFIRM THE‘BIDDERS UNDERTAKING’ AS GIVEN OVERLEAF. I/We (on behalf of joint applicants, if any) hereby confirm that I/We have read the Instructions for Filling up the Bid Cum Application Form given overleaf.

BOOK BUILDING ISSUE

Individual(s) - I N D6. Investor Status

# HUF should apply only through Karta(Application by HUF would be treated on parwith Individual)

Venture Capital Funds - V C

Non-Resident Indians - NRI(Non-Repatriation basis)

Hindu Undivided Family# - H U FBodies Corporate - COBanks & Financial Institutions - F IMutual Funds - M F

Insurance Companies - I C

Others (Please specify) - O T H

RetailIndividual

Non-Institutional

QIB

5. Category

TEAR HERE

Stamp & Signature of Syndicate Member / SCSB

GOOD

WIL

L HO

SPIT

AL A

NDRE

SEAR

CH C

ENTR

ELI

MIT

ED

Acknowledgement Slip for Bidder

Name of Sole / First Applicant

Amount Paid (`)

No. of Equity Shares

Option 1 Option 2 Option 3

Bid Price

Cheque / DD/ASBA Bank A/c No.

Bank & Branch

1. NAME & CONTACT DETAILS of Sole / First Applicant

2. PAN OF SOLE / FIRST APPLICANT

Mr. / Ms.

Address

Email

Tel. No (with STD code) / Mobile

SYNDICATE MEMBER'S STAMP & CODE BROKER’S/AGENT’S STAMP & CODE

ESCROW BANK / SCSB BRANCH STAMP & CODE SUB-BROKER’S/SUB-AGENT'S STAMP & CODE

BANK BRANCH SERIAL NO. REGISTRAR’S / SCSB SERIAL NO.

D D M M Y Y

Option 1

(OR) Option 2

(OR) Option 3

7 6 5 4 3 2 1 4 3 2 1 4 3 2 1 4 3 2 1

I N E 4 8 7 M 0 1 0 1 6

(Please tick)

C KC K

C K

Cr

ys

ta

l (

022)

- 6

614

090

0cf

l_m

um@

crys

talfo

rms.

com

Acknowledgement Slipfor Syndicate Member /

SCSB

PAN

Stamp & Signature of Banker

Cheque / DD/ASBA Bank A/c No.

Received from Mr./Ms.

Telephone / Mobile Email

Amount Paid (` in figures) Bank & Branch

DPID/

CLID

TEAR HERE

BROKER’S / SCSB BRANCH’S STAMP(Acknowledging upload of Bid in

Stock Exchange system)

8A. SIGNATURE OF SOLE/ FIRST APPLICANT 8B. SIGNATURE OF ASBA BANK ACCOUNT HOLDER(s)(AS PER BANK RECORDS) (For ASBA option ONLY)

I/We authorize the SCSB to do all acts as are necessary to make the Application in the Issue

Date : ________________, 3)

1)

2)

Bid cumApplication

Form No.

Bid cumApplication

Form No.

GOODWILL HOSPITAL ANDRESEARCH CENTRE LIMITED

PLE

AS

E F

ILL

IN B

LOC

K L

ET

TE

RS

TEA

R H

ER

ETE

AR

HE

RE

For NSDL enter 8 digit DP ID followed by 8 digit Client ID / For CDSL enter 16 digit Client ID

3. BIDDER’S DEPOSITORY ACCOUNT DETAILS NSDL CDSL

Foreign Institutional Investor - F I INon Institutional (other than CO & IND) NOH

GOODWILL HOSPITAL AND RESEARCH CENTRE LIMITED2

(IN CASE OF A JOINT APPLICATION, THE CONFIRMATIONS, AUTHORIZATIONS, UNDERTAKINGS AND REPRESENTATIONS MADE BY THE FIRST APPLICANT WILL BEDEEMED TO HAVE BEEN MADE ON BEHALF OF ALL JOINT APPLICANTS. THE FIRST APPLICANT SHALL BE LIABLE FOR ALL THE OBLIGATIONS ARISING OUT OF THEISSUE OF EQUITY SHARES.)On the basis of the RHP dated December 15, 2011 and having studied the attached details as per the Memorandum in the nature of Form 2A, I/We hereby apply for allotment to me/us of the Equity Sharesin the Issue upto my/our Bid for maximum number of Equity Shares at or above the Issue Price, to be discovered through book building. I/We hereby confirm that I am/We are eligible persons to investin this Issue in accordance with applicable laws. The amount payable on bidding is remitted herewith. I/We agree to accept the Equity Shares Bid for, or such lesser number as may be allotted to me/ussubject to the terms of the RHP, the Bid cum Application Form and other applicable laws. I/We undertake that I/We will sign all such other documents and do all such acts, if any, necessary on my/our partto enable me/us to be registered as holder(s) of the Equity Shares which may be allotted to me/us. I/We authorise you to place my/our name on the register of members of the Company as holder(s) ofthe Equity Shares that may be allocated/ allotted and to register my/our address as given in the depository records. I/We note that in case of QIB Bidders, only the (i) SCSBs; and (ii) the BRLM and itsaffiliate Syndicate Member (only in Specified Cities) have the right to reject the Bid at the time of acceptance of Bid cum Application Form provided that the reasons for rejecting the same shall be providedto such Bidder in writing. I/We note that QIB Bids can also be rejected on technical grounds. I/We further note that in case of Non-Institutional Bidders and Retail Individual Bidders, Bids will be rejectedon technical grounds and / or as specified in the Abridged Prospectus and the RHP. I/We authorize the Company to make the necessary changes in this Bid cum Application Form and the RHP for filingof Prospectus with the Registrar of Companies without intimation to me/us and use this Bid Form as the Application Form for the purpose of this Issue. I/WE CONFIRM THAT: EITHER I am/ We are IndianNational(s) resident in India and I am/We are not applying for the said Equity Shares as nominees of any person resident outside India or Foreign Nationals OR I am/We are Indian National(s) residentin India and I am/We are applying for the said Equity Shares as Power of Attorney holder(s) of Non-Resident Indian(s) as mentioned on Non-Repatriation basis OR I am/We are Indian National(s) residentoutside India and I am/We are applying for the said Equity Shares on my/our own behalf through NRO account on Non Repatriation basis. I am/We are, or at the time the Equity Shares are purchasedwill be, the beneficial owner of such shares and (a) I/We and any customer I/We represent, am/are located outside the United States within the meaning of Regulation S under the United States SecuritiesAct of 1933, as amended, and (b) I am/We are not an affiliate of the Company or a person acting on behalf of such affiliateFOR QIB BIDDERS: We confirm that the Bid Size/Maximum Equity Shares applied for by us do not exceed the relevant regulatory approvals/limits. I/We am/are not prohibited from accessing capital marketsunder any order/ ruling/ judgment of any regulatory, judicial or any other authority including SEBI or under the provisions of any law, regulation or statute.In case of ASBA Bidders in addition: 1) I/We hereby undertake that I/We am/are an ASBA Bidder(s) as per the applicable provisions of the SEBI Regulations 2) In accordance with ASBA process providedin SEBI Regulations and as disclosed in the RHP, I/We authorize (a) the members of the Syndicate (in Specified Cities only) or the SCSB, as the case may be, to do all acts as are necessary to makethe Application in the Issue, including uploading my/our Bid, blocking or unblocking of funds in the bank account maintained with the SCSB as specified in the Bid Cum Application Form, transfer of fundsto the Public Issue Account on receipt of instruction from Registrar to the Issue, after finalization of basis of Allotment; and (b) the Registrar to the Issue to issue instruction to the SCSBs to remove theblock on the funds in the specified bank account upon finalization of the basis of Allotment. 3) In case the amount available in the specified bank account is insufficient as per the highest Bid option, theSCSB shall reject the Application. 4) I/We hereby authorize the members of the Syndicate (in Specified cities only) or the SCSB, as the case may be, to make relevant revisions as may be required to bedone in the Bid, in the event of a price revision.

INSTRUCTIONS FOR FILLING UP THE BID CUM APPLICATION FORMS1. Name of Sole/ First Applicant should be exactly the same as it appears in the depository records. In case of joint Bids, only the name of the first Bidder (which should also be the first name in which

the beneficiary account is held) should be provided in the Bid cum Application Form.2. Except for Bids by or on behalf of the Central or State Government and the officials appointed by the courts and by investors residing in the State of Sikkim, the Bidders, or in the case of Bid in joint

names, the first Bidder (the first name under which the beneficiary account is held), should mention his/her PAN allotted under the Income Tax Act. Any Bid cum Application Form without the PAN isliable to be rejected.

3. Based on the PAN, DP ID and Client ID provided by the Applicant in the Bid cum Application Form, the Registrar will obtain demographic details registered with the depository participants to be usedfor allotment, technical rejections, giving refunds or unblocking of ASBA Account. Hence Bidders are advised to immediately update any change in their details as appearing on the records of theDepository Participant. Please note that failure to do so could result in delays in despatch / credit of refunds to Bidders or unblocking of ASBA Account at the Bidders sole risk and neither the BRLMor the Registrar or the Escrow Collection Bank(s) or the SCSBs nor the Company shall have any responsibility and undertake any liability for the same. Hence, Bidders should carefully fill in their DepositoryAccount details in the Bid cum Application Form.

4. Bid Lot and Price Band: The Company, in consultation with the BRLM, will decide the Price Band and the minimum Bid lot size for the Issue and the same shall be advertised in Business Standard(English and Hindi) all editions at least two working days prior to the Bid/ Issue Opening Date. The Bid/ Issue Period may be extended, if required, for atleast three additional working days after revisionof Price Band, subject to the total Bid/Issue Period not exceeding 10 working days. Any revision in the Price Band and the revised Bid/ Issue Period, if applicable, will be published in Business Standard(English and Hindi) all editions and also by indicating the change on the websites of the BRLM and at the terminals of the Syndicate and notification to the Stock Exchanges. Maximum and MinimumBid Size: In case of resident Retail Individual Bidders, such number of shares such that the Bid Amount does not exceed ` 2,00,000. Bids at the Cut-Off Price indicate their agreement to purchase theEquity Shares at the Issue Price as determined at the completion of the Book Building Process. In case of Non-Institutional Bidders and QIBs, such number of shares such that bid amount exceeds` 2,00,000. The maximum Bid by any investor should not exceed the investment limits prescribed for them by applicable laws.

5. Please tick Category as applicable to ensure proper upload of Bid in Stock Exchange system.6. Please tick investor status as applicable. Please ensure investor status is updated in your depository records.7. Please note that all Bidders are required to make payment of the full Bid Amount along with the Bid cum Application Form. In case of ASBA Bidders, an amount equivalent to the full Bid Amount

will be blocked by the SCSBs. Total Bid Amount payable must be calculated for the highest of three options at Bid Price. The payment instruments for payment into the Escrow Accounts should bedrawn in favour of “Escrow Account - Goodwill Public Issue - R” in the case of Resident Retail Bidders. All Bidders would be required to pay the full Bid Amount at the time of the submission of theBid cum Application Form. Payments should be made by cheque, or a demand draft drawn on any bank (including a co-operative bank), which is situated at, and is a member of or sub-member of thebankers’ clearing house located at the centre where the Bid cum Application Form is submitted. Outstation cheques and cheques/bank drafts drawn on banks not participating in the clearing processwill not be accepted and applications accompanied by such cheques or bank drafts are liable to be rejected. Cash/ stockinvest/money orders/postal orders will not be accepted. In case of Bids by NRIsapplying on non-repatriation basis, the payments must be made through Indian Rupee Drafts purchased abroad or cheques or bank drafts, for the amount payable on application remitted through normalbanking channels or out of funds held in Non-Resident External (NRE) Accounts or Foreign Currency Non-Resident (FCNR) Accounts, maintained with banks authorised to deal in foreign exchange inIndia, along with documentary evidence in support of the remittance or out of a Non-Resident Ordinary (NRO) Account on a non-repatriation basis. Payment by drafts should be accompanied by a bankcertificate confirming that the draft has been issued by debiting an NRE or FCNR or NRO Account. Bidders should mention their Application Form Number on the reverse of the cheque/ demand draftto avoid misuse of payment instrument submitted along with the Bid cum Application Form. For ASBA Bidders, please ensure that your Bank has notified an SCSB Branch in the city where ApplicationForm is being submitted. The ASBA Bidder shall specify the bank account number in the Bid cum Application Form and the SCSB shall block an amount equivalent to the Bid Amount in the bankaccount specified in the Bid cum Application Form.

8. Thumb impressions and signatures other than in the languages specified in the Eighth Schedule to the Constitution of India must be attested by a Magistrate or a Notary Public or a Special ExecutiveMagistrate under official seal. Signature of bank account holder is applicable only in case of ASBA option, where applicant and bank account holder are different.

9. Other Instructions: (a) Bids must be made only in the prescribed Bid cum Application Form. (b) Bid cum Application Form must be completed in full, in BLOCK LETTERS in ENGLISH. (c) Bidders shouldnote that the Syndicate Members will not be liable for errors in data entry due to incomplete or illegible Bid cum Application Forms. (d) Ensure that all applicable documents in support of the bid areattached with the Bid cum Application Form. (e) QIBs and Non-Institutional Bidders must participate in the Issue only through the ASBA process. Retail Individual Bidders can participate in the Issue,and submit their Bids either through submitting a Bid cum Application Form to the Syndicate Member or through the ASBA process by submitting a Bid cum Application Form to a SCSB or a SyndicateMember (in Specified Cities only).

TEAR HERE• In case of queries related to allotment/ credit of

allotted equity shares/ refund, the Bidders shouldcontact Registrar to the Issue

• In case of ASBA Bids submitted to the SCSBs, theBidders should contact the relevant SCSB

• In case of queries related to upload of ASBA bidssubmitted to the Syndicate Members, the Biddersshould contact the relevant Syndicate Member

COMPANY CONTACT DETAILSGoodwill Hospital and Research Centre LimitedCompliance Officer : Mr. Sandeep Singhania, WholeTime Director • Registered Office : 705, KailashBuilding, 26, Kasturba Gandhi Marg, New Delhi - 110001 • Tel.: +91 11 2371 1897 • Telefax: +91 11 23319995 • Website: www.ojjus.org • Email: ipo@ojjus.org

IN THE NATURE OF ABRIDGED PROSPECTUS-MEMORANDUM CONTAINING SALIENT FEATURES OF THE RED HERRING PROSPECTUS (RHP)BIDDER’S UNDERTAKING FOR BID CUM APPLICATION FORM

REGISTRAR CONTACT DETAILSBeetal Financial & Computer Services (P) LimitedBeetal House, 3rd Floor, 99 Madangir, Behind Local ShoppingCentre, New Delhi - 110 062 • Tel.: +91 11 2996 1281 – 83• Fax: +91 11 2996 1284 • E-mail: goodwill@beetalfinancial.com• Website: www.beetalfinancial.com • Contact Person:Mr. S P Gupta • SEBI Regn.: INR 000000262

GOODWILL HOSPITAL AND RESEARCH CENTRE LIMITED 3

IN THE NATURE OF ABRIDGED PROSPECTUS-MEMORANDUM CONTAINING SALIENT FEATURES OF THE RED HERRING PROSP ECTUS100% BOOK BUILDING ISSUE

Please ensure that you read the Red Herring Prospectus (the “RHP”), the general instructions contained in this Memorandum before investing in this Public Issue.Unless otherwise specified, all terms used in this form shall have the meaning ascribed to such terms in the Red Herring Prospectus (the “RHP”). The investors are

advised to retain a copy of the Red Herring Prospectus / Abridged Prospectus for their future reference.

(Our Company was incorporated on June 26, 2000 under the Companies Act, 1956 with the Registrar of Companies NCT Delhi & Haryana. Wereceived the Certificate of Commencement of Business on July 14, 2000. The Corporate Identification Number of our Company is

U74899DL2000PLC106486. There has been no change in the name of our Company since incorporation.)Registered Office: 705, Kailash Building, 26, Kasturba Gandhi Marg, New Delhi - 110 001

Tel.: +91 11 2371 1897, Telefax: +91 11 2331 9995 Website: www.ojjus.org, Email: ipo@ojjus.orgFor any pre-issue or post-issue related problems, Investor can contact Mr. Sandeep Singhania, Whole Time Director & Compliance Officer at

Tel.: +91 11 2371 1897; Fax: +91 11 2331 9995; Email: ipo@ojjus.orgPUBLIC ISSUE OF [•] EQUITY SHARES OF ` 10 EACH OF GOODWILL HOSPITAL AND RESEARCH CENTRE LIMITED (“GOODWILL” OR “THECOMPANY” OR “THE ISSUER”) FOR CASH AT A PRICE OF ` [•] PER EQUITY SHARE (“ISSUE PRICE”) INCLUDING SHARE PREMIUM OF` [•] PER EQUITY SHARE AGGREGATING TO ` 6,200 LAKHS ALONG WITH ONE DETACHABLE WARRANT PER EQUITY SHARE OFFERED(THE “ISSUE”). THE ISSUE WILL CONSTITUTE [•]% OF THE FULLY DILUTED POST ISSUE PAID-UP CAPITAL OF THE COMPANY PRIOR TOEXERCISE OF DETACHABLE WARRANTS AND [•]% OF THE FULLY DILUTED POST ISSUE PAID-UP CAPITAL OF THE COMPANY ASSUMINGFULL EXERCISE OF DETACHABLE WARRANTS. In terms of Rule 19(2)(b) of the Securities Contract (Regulation) Rules, 1957 (“SCRR”), asamended, this is an Issue for atleast 25% of the post issue capital.The Price Band and the minimum Bid lot size for the Issue will be decided by our Company in consultation with the Book Running Lead Manager andadvertised in all editions of Business Standard (English and Hindi language), atleast two working days prior to the Bid opening date. Any revision in thePrice Band and consequent revision of the Bid / Issue period will be announced through a newspaper advertisement.Before investing in this Issue, Investors are advised to refer to:• Website of the Stock Exchanges on which listing is proposed in this Issue (i.e. BSE and NSE) and Issuer advertisements atleast two days prior

to the Bid Opening date for information regarding Price Band, Minimum Bid lot and P/E ratio and advertisement for revised Price Band, if any, andthe revised Bid / Issue Closing date thereof.

• Page 17 of the Abridged Prospectus for Basis of Issue Price containing qualitative and quantitative factors for determining the Price Band / Issue Price(has been determined and justified by the BRLM)

• Page 4 of the Abridged Prospectus for the Index• Page 19 of the Abridged Prospectus for the “Price information of past issues handled by the Book Running Lead Manager”

RISK IN RELATION TO FIRST ISSUEThis being the first public issue of the Issuer, there has been no formal market for the Equity Shares and / or Warrants. The face value of the Equity Sharesis ` [•] each and the Floor Price is [•] times of the face value and the Cap Price is [•] times of the face value. The Price Band / Issue Price shouldnot be taken to be indicative of the market price of the Equity Shares and / or Warrants after such Equity Shares and / or Warrants are listed. No assurancecan be given regarding an active or sustained trading in the Equity Shares and / or Warrants, or regarding the price at which the Equity Shares and /or Warrants will be traded after listing.

GENERAL RISKSInvestments in equity and equity-related securities involve a degree of risk and investors should not invest any funds in this Issue unless they can affordto take the risk of losing their investment. Investors are advised to read the ‘Risk Factors’ carefully before taking an investment decision in this Issue. Fortaking an investment decision, investors must rely on their own examination of the Issuer and this Issue including the risks involved. This Issue has notbeen recommended or approved by SEBI, nor does SEBI guarantee the accuracy or adequacy of the contents of this document. Specific attention of theinvestors is invited to the section titled “Risk Factors” on page 12 of the Abridged Prospectus.

IPO GRADINGThis Issue has been graded by CARE Limited and has been assigned CARE IPO Grade 3 indicating average fundamentals. The IPO Grading is assignedon a 5 point scale from 1 to 5 with a Grade 5/5 indicating strong fundamentals and 1/5 indicating poor fundamentals. For further details please refer to heading“IPO Grading” and “Summary of the Grading Rationale furnished by CARE” on page 18 of the Abridged Prospectus.

LISTINGThe Equity Shares and Warrants offered through this Red Herring Prospectus are proposed to be listed on the Bombay Stock Exchange Limited (“BSE”)and the National Stock Exchange of India Limited (“NSE”). For the purpose of this Issue, BSE shall be the Designated Stock Exchange. In-principle approvalsfor the listing of the Equity Shares and Warrants of our Company from BSE and NSE has been received vide their letters dated March 31, 2011and March15, 2011 respectively.

BID/ ISSUE PROGRAM

BID/ISSUE OPENS ON DECEMBER 30, 2011 BID/ISSUE CLOSES ON JANUARY 09, 2012

GOODWILL HOSPITAL AND RESEARCH CENTRE LIMITED

This abridged prospectus consists of 32 pages

GOODWILL HOSPITAL AND RESEARCH CENTRE LIMITED4

IN THE NATURE OF ABRIDGED PROSPECTUS - MEMORANDUM CONTAINING SALIENT FEATURES OF THE RED HERRING PROSPECTUS (RHP)BOOK RUNNING LEAD MANGER

SPA Merchant Bankers LimitedSEBI Regn.: INM 00001082525, C - Block, Community CentreJanak Puri, New Delhi - 110 058Tel. +91 11 2551 7371, 4567 5500Fax +91 11 2553 2644Email: goodwill.ipo@spagroupindia.comWebsite: www.spacapital.comContact Person: Mr. Nitin Somani / Ms. Ashi Mehra

REGISTRAR TO THE ISSUE

Beetal Financial & Computer Services (P) LimitedSEBI Regn.: INR 000000262Beetal House, 3rd Floor, 99 MadangirBehind Local Shopping Centre, New Delhi - 110 062Tel.: +91 11 2996 1281 - 83Fax: +91 11 2996 1284E-mail: goodwill@beetalfinancial.comWebsite: www.beetalfinancial.comContact Person: Mr. S P GuptaSYNDICATE MEMBERSSPA Securities Limited101 - A, 10th Floor Mittal Court, Nariman Point, Mumbai - 400 021Tel.: +91 22 2280 1240 / 2280 1249 Fax: +91 22 2284 1192Hem Securities Limited204, Jaipur Tower, M I Road, Jaipur - 302 001 Tel.: +91 141 4051 000Fax: +91 141 5101 757SMC Global Securities Limited11/6-B, Shanti Chambers, Pusa Road, Karol Bagh, New Delhi - 110 005Tel.: +91 11 3011 1000 Fax: +91 11 2575 4365Prabhudas Lilladher Private Limited3rd Floor, Sadhana House, 570, P.B. Marg, Behind Mahindra Tower, Worli,Mumbai - 400 018 Tel.: +91 22 6632 2222 Fax: +91 22 6632 2229AUDITORS TO THE COMPANYChandiok & GulianiC - 44, Nizamuddin EastNew Delhi - 110 013Tel.: +91 11 2435 0860, 2435 9676Fax: +91 11 2435 0457Contact Person: Mr. V K LallaFirm Reg. No.: 001199NESCROW COLLECTION BANKS AND BANKERS TO THE ISSUEDhanlaxmi Bank LimitedJanmabhoomi Bhavan, Janmabhoomi Marg, Mumbai - 400 001HDFC Bank LimitedFIG-OPS Department – Lodha I, Think Techno Campus, O-3 Level, Next toKanjurmarg Railway Station, Kanjumarg (East), Mumbai - 400 042ICICI Bank LimitedCapital Market Devision, 30, Mumbai Samachar Marg, Mumbai - 400 001Yes Bank Limited3rd Floor, Ion House, Dr. E. Moses Road, Mahalaxmi, Mumbai - 400 011SELF CERTIFIED SYNDICATE BANKSThe list of banks (and their designated branches) which have been notified bySEBI to act as SCSBs for the ASBA process are provided at www.sebi.gov.in

IPO GRADING AGENCYCredit Analysis & Research Limited (“CARE”), 710, Surya Kiran, 19, KasturbaGandhi Marg, New Delhi – 110 001 Tel.: +91 11 2371 6199, 2331 8701Fax.: +91 11 4533 3238 Website: www.careratings.comIt is to be clearly understood that while the Company is primarily responsiblefor the correctness, adequacy and disclosure of all relevant information in theRed Herring Prospectus, the Book Running Lead Manager are expected toexercise due diligence to ensure that the Company discharges its responsibilityadequately in this behalf. Towards this purpose, the Book Running LeadManager, SPA Merchant Bankers Limited have furnished a due diligencecertificate dated January 21, 2011 (“Due Diligence Certificate”) to SEBI. Forfurther details of the Due Diligence Certificate, please see page 169 of the RedHerring Prospectus.An indicative timetable in respect of this Offering is set out below:Event Indicative DateBid / Issue closing date January 09, 2012Finalisation of basis of allotment in On or about January 18,consultation with Stock Exchange 2012Initiation of refund On or about January 20,

2012Credit of equity shares to investor’s On or about January 21,demat accounts 2012Trading commences On or about January 23, 2012

The above timetable is indicative and does not constitute any obligationon the Company or the BRLMs. Whilst the Company shall ensure thatall steps for the completion of the necessary formalities for the listingand the commencement of trading of the Equity Shares and / orWarrants on the Stock Exchanges are taken within 12 Working Days ofthe Bid / Issue Closing Date, the timetable may change due to variousfactors, such as extension of the Bid / Issue Period by the Company,revision of the Price Band or any delays in receiving the final listingand trading approval from the Stock Exchanges. The commencementof trading of the Equity Shares and / or Warrants will be entirely at thediscretion of the Stock Exchanges and in accordance with the applicablelaw.

TABLE OF CONTENTSPage

No.Section IHistory of our Company 5Promoters 5Board of Directors of the Company 5Shareholding pattern 6Group Companies / Subsidiaries / Joint Ventures 7Our Business 9Our Financial Information 10Risk Factors 12Particulars of the Issue 17Basis of Issue Price 17Other Regulatory and Statutory Disclosures 18Disclosure of Price Information of Past Issues handled 19by Book Running Lead ManagerSection IIOffering Information 19Declaration 26

GOODWILL HOSPITAL AND RESEARCH CENTRE LIMITED 5

IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE RED HERRING PROSPECTUS (RHP)Mrs. Namrata Chawla is a graduate from Delhi University and Masters inBusiness Administration from Apeejay School of Management affiliated to ThamesValley University. She has more than 10 years of experience in runningventures and advising on business development to Corporates. She was theChairperson and on the Board of Exchange 4 Media Private Limited during theperiod 1999 to 2005. Exchange 4 Media Private Limited is involved inpublishing of ‘Pitch’, ‘Realty Plus’ and ‘Franchising Plus’ magazines. She alsolaunched the brand “Irrespective” in women wear segment under the tradename and style of “M/s Irrespective” in the year 2002 and remained associatedwith the same till 2007. Since 2008 she has been instrumental in strategicplanning and business development of our hospital. She is responsible foroverall management and supervision of the business of our Company.3. Mr. Harvansh Chawla : Director S/o Sh. Kuldeep Rai Chawla, C – 17,Nizamudin East, New Delhi – 110 013, DIN: 00005271, Occupation: Advocate,Age: 41 years, 14/04/2008.Mr. Harvansh Chawla is a law graduate from Delhi University and Master’sin International Law from Georgetown University (Law Centre), USA. In 1994he was admitted to the Bar Council of India and since then he has been activelypursuing his career in the profession of law. He has over 15 years ofexperience and is a member of International Bar Association, Inter Pacific BarAssociation and Indo-US Business Council. As a lawyer he has handled legalwork of various multinational clients including Northdrop Grumman, FluorDaniel, Singapore Airlines, Alcatel, Flag Telecom. He was amongst the lawyerswho were selected by Ministry of Finance, Government of India, to preparethe counter guarantees for the fast track infrastructure projects in India in theyear 1996. He gives his valuable guidance to our Company for developmentof strategies for future growth.4. Mr. Amanveer Singh : Whole Time Director, S/o Sh. Jagmohan Singh,H.No. 66, Pocket – 52, Chitranjan Park, New Delhi – 110 019, DIN: 02159393,Occupation: Service, Age: 39 years 31/03/2010, Re-appointed as Whole TimeDirector w.e.f. 01/10/2011 till 30/09/2012Mr. Amanveer Singh, 39 years, Whole Time Director, holds a Bachelor Degreein Commerce from Delhi University and a Diploma in Polymer Technology fromPolyolefins India Limited affiliated to LPRI, London. He has over 12 years ofexperience in business development and implementation of projects includingin Healthcare Industry, Automotive Industry and hospitality industry. Prior tojoining our Company as Director, he was advising our Company for two yearson various matters related to our Hospital “Ojjus Medicare”. He is responsiblefor operations and day to day management of our hospital. He has also beenappointed as Chief Executive Officer of our Company.5. Mr. Sandeep Singhania : Whole Time Director, S/o Sh. VishwanathSinghania, Flat No. 10, Plot No. 1, Sukhdham Appartments, Sector – 9, Rohini,New Delhi – 110 085, DIN: 01456864, Occupation: Service, Age: 46 years01/12/2006 Re-appointed as Whole Time Director w.e.f. 01/10/2011 till 30/09/2012Mr. Sandeep Singhania, 46 years, Whole Time Director, holds Masters Degreein Commerce from Kanpur University and a diploma in Executive Master inInternational Trade from Indian Institute of Foreign Trade. He has over 27 yearsof experience in Finance and Operations. He has worked with LML Limited,Tirupati Texknit Limited and Edutech Informatics India Limited. He looks aftercorporate affairs and finance of our Company. The e-mail id of Mr. SandeepSinghania was also used by Ojjus Medicare Private Limited, our Promoter, asthe mail id for correspondence with the Office of the Registrar of CompaniesNCT Delhi and Haryana. However the same has been discountinued.6. Mr. Ram Avtar Poddar : Independent Director, S/o Sh. Brij Mohan Poddar,C – 171, Greater Kailash – 1, New Delhi – 110 048, DIN: 00029313,Occupation: Professional, Age: 72 years, 18/01/2011Mr. Ram Avtar Poddar is a Chartered Accountant and has completed AdvancedManagement Program from Harvard Business School and University of SouthernCalifornia. He has more than 45 years of experience in Tobacco, Automobile& Textile Sector. He has held various top managerial positions in past includingChief Executive of Godfrey Phillips India Limited, Chairman of The TobaccoInstitute of India, Vice President of Indian Chamber of Commerce & Industry.He has also been a Member of various committees of FICCI, CII and Assocham.7. Mr. Vinod Kumar Grover : Independent Director, S/o Sh. A.N. Grover,A-104 Som Vihar, R.K. Puram, New Delhi – 110 022, DIN: 03398588, Occupation:Ex Indian Foreign Officer, Age: 73 years, 18/01/2011Mr. Vinod Kumar Grover holds a Bachelor Degree of Economics Hons fromDelhi University and Masters Degree of Economics & History from CambridgeUniversity, U.K. He is an ex Indian Foreign Officer with an overall experienceof 49 years. He has been Indian Ambassador to various countries and wasa member of National Security Advisory Board of the Prime Minister for twoyears, member advisory committee of Foreign Minister and Oil DiplomacyCommittee of the Minister of Petroleum and Natural Gas. At present he isHonorary Advisor to Indo-German Chamber of Commerce.8. Fr. Jose Alarico Carvalho : Independent Director, S/o Mr. Jose InacioCarvalho, Fr. AL Sch, Father Agnel School, Gautam Nagar, New Delhi-110049DIN: 03398696 Occupation: Priest, Age: 63 years, 18/01/2011

SECTION I : ISSUER SPECIFIC INFORMATIONOUR HISTORY, PROMOTRS AND MANAGEMENT

HISTORY OF OUR COMPANYOur Company was incorporated on June 26, 2000 under the Companies Act,1956 with the Registrar of Companies NCT Delhi & Haryana. We received theCertificate of Commencement of Business on July 14, 2000. The CorporateIdentification Number of our Company is U74899DL2000PLC106486.Our Company was originally promoted by Dr. Alok Bhatia, Dr. Sudhir Sharma,Dr. Manoj Kumar Johar, Dr. Sanjay Garg, Dr. Girish Chandra Vaishnava, Dr.Neerja Johar, Dr. Vandana Garg, Dr. Ajay Bhalla, Dr. Harmeet Malhotra andDr. Jatinder Singh. Our Company and its management was taken over by OjjusMedicare Private Limited by acquiring 100% ownership on December 03, 2007.The shares of our Company were acquired by Ojjus Medicare Private Limitedfor a consideration of ` 10/- per equity share. For details of acquisition of sharesby our present Promoter, refer to the chapter “Capital Structure” on page 23of the Red Herring Prospectus.

PROMOTERSWe are wholly owned subsidiary of Ojjus Medicare Private Limited (“OMPL”).OMPL was originally incorporated as ‘HN Estate Developers Private Limited’on March 11, 2004 under the Companies Act, 1956 with the Registrar ofCompanies NCT Delhi & Haryana. The name of the company was subsequentlychanged to ‘HN Healthcare Private Limited’ pursuant to a fresh certificate ofincorporation dated July 28, 2004. The name of the company was furtherchanged to ‘Ojjus Medicare Private Limited’ pursuant to a fresh certificate ofincorporation dated September 02, 2008. The registered off ice of OMPL issituated at 7th Floor, Kailash Building, 26, Kasturba Gandhi Marg, New Delhi- 110 001. Ojjus Medicare Private Limited is authorized to carry on the businessof setting up of Hospital, Nursing Homes, Dispensary, Medical Clinic, Maternityand Family Planning Units or Pathological Laboratories and to provide treatmentin Allopathic / Homeopathic / Ayurvedic or in any other pathy. Ojjus MedicarePrivate Limited is presently not engaged in any commercial activity and doesnot have any staff on its roll. The Promoter of OMPL is Mr. Harvansh Chawla.The equity shares of OMPL are not listed on any stock exchange.CIN : U45201DL2004PTC125125PAN : AABCH6207QBank a/c No. : 65012347662 with State Bank of Patiala, Shastri Bhawan,

Rajendra Prasad Road, New DelhiShareholding Pattern as on September 30, 2011

Name No. of equity % ofshares shareholding

Mr. Harvansh Chawla 9,999 99.99Mr. Kuldeep Rai Chawla 1 0.01Total 10,000 100.00

Board of Directors of our PromoterMr. Harvansh Chawla and Mr. Kuldeep Rai Chawla are the Directors of OMPLas on September 30, 2011.Our Company and its Management was taken over by Ojjus Medicare PrivateLimited by acquiring 100% ownership on December 03, 2007. 37,18,668 equityshares of our Company were acquired by Ojjus Medicare Private Limited foran aggregate consideration of ` 371.87 lakhs (i.e. ` 10/- per equity share).Being an unlisted Company, the provisions of SEBI (Substantial Acquisition ofShares and Takeover) Regulations, 1997 and Listing Agreement were notapplicable at the time of acquisition of such control.For details of shareholding of our Promoter in our Company, its capital built upand beneficial interest of our Promoter in six shares held by six individuals(one equity share each), refer to note no. 3 in the section titled “CapitalStructure” on page 23 of the Red Herring Prospectus.BOARD OF DIRECTORS OF OUR COMPANYOur Company functions under the control of Board of Directors. Presently wehave 10 Directors on our Board. The constitution of our Board is as under:1. Mr. Kuldeep Rai Chawla : Chairman, S/o Late Sh. Hans Raj Chawla, C– 17, Nizamudin East,New Delhi - 110 013, DIN: 01892143, Occupation:Advocate, Age: 73 years, 10/01/2011Mr. Kuldeep Rai Chawla holds a Bachelor of Science Degree from PunjabUniversity and is a Law Graduate from Agra University. In 1965 he becamethe member of Bar Council of India. He has experience of 40 years in civil,labor and corporate law, arbitration and general litigation. He has been legaladvisor to various institutions and corporate in his career. He gives his valuableguidance on legal matters and improving the services of our hospital.2. Mrs. Namrata Chawla : Managing Director, W/o Mr. Harvansh Chawla, C– 17, Nizamudin East,New Delhi – 110 013, DIN: 02699060, Occupation:Business, Age: 35 years, 01/10/2010 Re-appointed as Managing Director w.e.f.01/10/2011 till 30/09/2012

GOODWILL HOSPITAL AND RESEARCH CENTRE LIMITED6

Fr. Jose Alarico Carvalho holds a Master’s Degree in Sociology from MeerutUniversity and B.Ed Degree from Annamalai University. In 1973 he wasordained as Priest. He has helped in establishment of Fr. Agnel School inGautam Nagar, Delhi of which he is the founder principal. He also helped inestablishing Fr. Agnel School, Noida and Fr. Agnel Balbhawan in GreaterNoida. He has to his credit several articles including the NCERT Monographon Technology and other writings on Sustainable Development.9. Justice Vijender Jain (Retd) : Independent Director, S/o Sh. Phool ChandJain, 136, Sector - 15A, Noida, Dadri Distt. Gautam Budh Nagar,Uttar Pradesh- 201 301, DIN: 03404893, Occupation: Retired Justice, Age: 65 years 18/01/2011Justice Vijender Jain (Retd) is a post graduate in political science and lawgraduate from Delhi University. He has over 40 years of experience of workingin legal sector. During his career he has worked as a Judge of Delhi Courtfrom 1992 – 2006 and as acting Chief Justice, Delhi Court for six months in2006. He retired as Chief Justice, Punjab & Haryana Court, India in 2008. Hehas been executive chairman of Delhi State Legal Services Authority andHonorary Secretary, International Law Association, India Chapter. At present heis associated with various International and Indian Legal Bodies includingPresident, Asia Pacific Jurist Association, Executive Member of InternationalLaw Association and Vice President of International Association DemocraticLawyers .10. Mr. Rajeev Anand : Independent Director, S/o Sh. Satya Pal Anand, M-177, IInd Floor, Greater Kailash – II, New Delhi - 110 048, DIN: 01159216,Occupation: Service, Age: 43 years, 22/07/2011Mr. Rajeev Anand is a graduate from Delhi University and has done ExhibitionDesigning Course from Skyline University, Minnesota, USA. He has over 21years of experience in the field of Marketing, Public Relations and Advertising.He is engaged in Designing & Setting up of Exhibitions both in India & Abroadas Executive Director in TSI Displays (P) Ltd. He has been awarded servicesrecognition certificate for excellent Presentation and Decoration work in “Festivalof India” event held in Caracas, Venezuela. He has also been awardedappreciation certificate for setting up of Air Force President of India Fleet Reviewheld at Chandigarh.In terms of Article no. 145 of our Articles of Association, Mr. Harvansh Chawlaand Mrs. Namrata Chawla shall be the permanent Directors of our Company.All other Directors of our Company shall be liable to retire by rotation, of whichone third shall ret ire by rotat ion at every annual general meeting of ourCompany.For further details refer to the page 74 of the Red Herring Prospectus.Changes in the Board of Directors in the last 3 years

Except the following, there has been no change in the Board of Directors ofour Company during the last three years:

Name of Date of Date of Reason for ChangeDirector Appoin tment cessationMrs. Namrata Chawla October 01, - To broadbase the Board

2 0 1 0Mr. Amanveer Singh March 31, - To broadbase the Board

2 0 1 0Mr. Ashwani Bansal July 11, 2005 March 31, 2010 Due to Resignat ionMs. Vandana Bansal July 11, 2005 March 31, 2010 Due to Resignat ionMr. Harvansh Chawla Apr il 14, 2008 - To broadbase the BoardMr. Kuldeep Rai January 10, - Appointed as Chai rman of theC h a w l a 2 0 1 1 B o a r dMr. Ram Avtar January 18, To broadbase the Board inP o d d a r 2 0 1 1 - compl iance wi th Clause 49 of the

Listing AgreementMr. Vinod Kumar January 18, - To broadbase the Board inGro ver 2 0 1 1 compl iance wi th Clause 49 of the

Listing AgreementFr. Jose Alar ico January 18, To broadbase the Board inC ar v a lh o 2 0 1 1 - compl iance wi th Clause 49 of the

Listing AgreementJustice Vi jender Jain January 18, To broadbase the Board in(R etd . ) 2 0 1 1 - compl iance wi th Clause 49 of the

Listing AgreementMr. Lali t Kumar January 18, July 22, Due to Resignat ionJ os h i 2 0 1 1 2 0 1 1Mr. Rajeev Anand July 22, 2011 - To broadbase the Board in

compl iance wi th Clause 49 of theListing Agreement

Corporate GovernanceThe provisions of the Listing Agreement to be entered into with BSE and NSEwith respect to corporate governance will be applicable to us immediately uponthe listing of our Company’s Equity Shares on the Stock Exchanges.Our Company has complied with the corporate governance requirements asper Clause 49 of the Listing Agreement. In terms of the Clause 49 of the ListingAgreement, our Company has already appointed Independent Directors andconstituted the Audit Committee, Remuneration Committee and ShareholdersGrievances Redressal Committee. For details refer to the page 78 of the RedHerring Prospectus.

SHAREHOLDING PATTERNCategory Category of shareholder No. o f Total Number Total shareho ld ing Total post issue Total post issue code Share of shares as a percentage sharehold ing (before shareho lding

holders of to tal number exercise of warrants) (assuming fullof shares exercise of warrants)

As a % As a % Total As a % Total As a %age of age of Number age of number age of(A+B) (A+B+C) of shares (A+B+C) (A+B+C)

(A) Promoter and Promoter Group(1) Indian

Individuals/HUF 6* 6 0.00 0.00 6 [•] 6 [•]Trusts - - - - - - -Bodies Corporate 1 89,99,994 99.99 99.99 89,99,994 [•] 89,99,994 [•]Sub-Total (A)(1) 7 90,00,000 100.00 100.00 90,00,000 [•] 90,00,000 [•]

(2) ForeignIndividuals/HUF - - - - - - -Sub-Total (A)(2) - - - - - - -Total Shareholding of Promoterand Promoter Group (A)= (A)(1)+(A)(2) 7 90,00,000 100.00 100.00 90,00,000 [•] 90,00,000 [•]

(B) Public ShareholdingOthers - - - - - - - -Initial Public Offering - - - - [•] [•] [•] [•]Total Public Shareholding - - - - [•] [•] [•] [•]Total (A)+(B) 7 90,00,000 0.00 0.00 [•] [•] [•] [•]

(C) Shares held by Custodians andagainst which DepositoryReceipts have been issued - - - - - - -Grand Total (A)+(B)+(C) 7 90,00,000 100.00 100.00 [•] [•] [•] [•]

* Ojjus Medicare Private Limited is the beneficial owner of these 6 shares held by individuals.

GOODWILL HOSPITAL AND RESEARCH CENTRE LIMITED 7

As per Companies Act, 1956, there should be atleast 7 members in a publiclimited company. The shares of our Company were acquired by Ojjus MedicarePrivate Limited making it a wholly owned subsidiary. To comply with therequirements of minimum number of members, Ojjus Medicare Private Limitedhas nominated 6 persons to hold 1 share each on its behalf. The names ofthese 6 members has been registered in our register of members, howeverbeneficial interest of these 6 shares vests with Ojjus Medicare Private Limited.Pursuant to section 187C of the Companies Act, 1956, we had filed Form 22Bwith the Registrar of Companies, NCT Delhi & Haryana declaring the beneficialownership of Ojjus Medicare Private Limited in these 6 shares. The beneficialinterest of these 6 shares vests with Ojjus Medicare Private Limited. The detailsof shares held by these 6 shareholders are as under:

S . Name of the No. of % of total Dat e of Dat e of acquisi ti on ofN o . Shar ehol der s Eq ui t y Sh ar eh ol di ng acqui s i t i on benef icial ownershi p

Shares ( negl igible) of shares by Oj jus Medicar ePr ivat e Li mi ted

1 . Mr. Kuldeep Rai Chawla 1 0 . 0 0 December 03, 2007 December 03, 20072 . Ms. Kumud Chawla 1 0 . 0 0 December 03, 2007 December 03, 20073 . Mr. Harvansh Chawla 1 0 . 0 0 October 04, 2010 October 20, 20104 . Ms. Namrata Chawla 1 0 . 0 0 October 04, 2010 October 20, 20105 . Ms. Poonam Chawla 1 0 . 0 0 August 25, 2010 September 10, 20106 . Ms. Meena Rani Chawla 1 0 . 0 0 December 03, 2007 December 03, 2007

To t a l 6 0. 00

Our shareholders and the number of Equity Shares of face value ` 10 eachheld by them as on the date of filing this Red Herring Prospectus with ROCis as follows:

S. No. Name of the No. of Equity % of totalShareholders Shares Shareholding

1. Ojjus Medicare Private Limited 89,99,994 99.992. Mr. Kuldeep Rai Chawla 1 0.003. Ms. Kumud Chawla 1 0.004. Mr. Harvansh Chawla 1 0.005. Ms. Namrata Chawla 1 0.006. Ms. Poonam Chawla 1 0.007. Ms. Meena Rani Chawla 1 0.00

Total 90,00,000 100.00Except for the subscription of equity shares by our Promoter, details of whichare as under, no person / entity including our Promoter, Promoter Group,Directors and Directors of our Promoter have purchased, subscribed or soldany equity shares of our Company within a period of three years immediatelypreceding the date of registration of the Red Herring Prospectus with theRegistrar of Companies which in aggregate is equal to or greater than 1% ofthe pre-issue capital of our Company on the date of such purchase, subscriptionor sale.

Name of Relationship Date No. of shares Face value Subscription Pre issue capital % of preentity with the subscribed / of shares / purchase on the date of issue capital

Company purchased / (in ` ) / (sale) price such subscription(sold) (in ` ) / purchase / sale

(No. of shares)Oj j us Pr om ot er J un e 3 0 , 00 , 0 0 0 1 0 1 0 5 0 , 00 , 0 0 0 3 3 .3 3 %Me di ca re 26, 2010Pr ivate L imitedOj j us Pr om ot er A ug us t 1 0 , 00 , 0 0 0 1 0 1 0 8 0 , 00 , 0 0 0 1 1 .1 1 %Me di ca re 03, 2010Pr ivate L imited

GROUP COMPANIES / SUBSIDIARIES / JOINT VENTURESGroup CompaniesAll the Promoter Group Companies / entities are unlisted and have not madeany public issue in the preceding three years. None of the Promoter GroupCompany / entity has become a sick company under the meaning of SickIndustrial Companies (Special Provisions) Act, 1985 and is not under windingup or liquidation. Top 5 Group Companies based on turnover are as follows:1. K R Chawla Consulting Private LimitedK R Chawla Consulting Private Limited was incorporated on February 11, 2003under the Companies Act, 1956. Corporate Identification Number of the Companyis U74140DL2003PTC118916. The Registered Office of the company is situatedat 7th Floor, Kailash Building, 26 Kasturba Gandhi Marg, New Delhi - 110 001.

Shareholding PatternName No. of equity shares % of shareholdingHarvansh Chawla 49,065 62.06HN Properties Private Limited 30,000 37.94Total 79,065 100.00

Financial performanceThe audited financial results of K R Chawla Consulting Private Limited for thefinancial year ended March 31, 2011are set forth below.

(` in lakhs)Particulars March 31, 2011Total Income 2,290.04Profit after Tax 790.44Equity share capital 7.91

2. HN Reacon Private LimitedHN Reacon Private Limited was incorporated on February 13, 2004 under theCompanies Act, 1956. Corporate Identif ication Number of the Company isU70101DL2004PTC124645. The Registered Office of the company is situatedat 7th Floor, 705-706 Kailash Building, 26 K G Marg, New Delhi - 110 001.Shareholding Pattern

Name No. of equity shares % of shareholdingHarvansh Chawla 10,999 99.99Kuldeep Rai Chawla 1 0.01Total 11,000 100.00

Financial performanceThe audited financial results of HN Reacon Private Limited for the financial yearended March 31, 2011are set forth below.

(` in lakhs)Particulars March 31, 2011Total Income 1,872.00Profit after Tax 942.45Equity share capital (including share forfeiture) 19.92

3. Karina Airlines International LimitedKarina Airlines International Limited was originally incorporated as JGDInfrastructures Private Limited on August 06, 2007 under the Companies Act,1956. The name of the company was subsequently changed to K R ChawlaInfra & Aviat ion Academy Private Limited pursuant to a fresh certificate ofincorporation dated October 18, 2007. The name of the company was furtherchanged to Karina Airlines International Private Limited pursuant to fresh certificateof incorporation dated November 22, 2010. Subsequently the company wasconverted into public limited company and received fresh cert if icate ofincorporation dated December 29, 2010 in the name of Karina Airlines InternationalLimited. Corporate Ident if ication Number of the Company isU62200DL2007PLC166678. The Registered Office of the company is situatedat 705, Kailash Building, 26, Kasturba Gandhi Marg, New Delhi - 110 001.

Shareholding Pattern

Name No. of equity shares % of shareholdingMr. Harvansh Chawla 2,59,99,993 99.99Mr Kuldeep Rai Chawla 1 0.00Mrs Kumud Chawla 1 0.00Mrs Namrata Chawla 1 0.00Miss Karina Chawla u/gMr Harvansh Chawla 1 0.00Master Ojjus Chawla u/gMr Namrata Chawla 1 0.00Mr. Sandeep Singhania 1 0.00Mr. Amanveer Singh 1 0.00Total 2,60,00,000 100.00

GOODWILL HOSPITAL AND RESEARCH CENTRE LIMITED8

Financial performanceThe audited financial results of Karina Airlines International Limited for thefinancial year ended March 31, 2011are set forth below.

(` in lakhs)Particulars March 31, 2011Total Income 330.03Profit after Tax 28.19Equity share capital 2,600.00

4. HP IT Solutions Private LimitedHP IT Solutions Private Limited was incorporated on June 24, 2006 under theCompanies Act, 1956. Corporate Identif ication Number of the Company isU72200DL2006PTC150060. The Registered Office of the company is situatedat 707, Kailash Building, 26, Kasturba Gandhi Marg, New Delhi - 110 001.Shareholding Pattern

Name No. of equity shares % of shareholdingMr. Harvansh Chawla 9,999 99.99Mr. Sandeep Singhania 1 0.01Total 10,000 100.00

Financial performanceThe audited financial results of HP IT Solutions Private Limited for the financialyear ended March 31, 2011 are set forth below.

(` in lakhs)Particulars March 31, 2011Total Income 5.60Profit after Tax (0.17)Equity share capital (including share forfeiture) 1.00

5. Karina Fincap LimitedKarina Fincap Limited was originally incorporated as Karina Golf & AmusementParks (Madhya Pradesh) Private Limited on February 12, 2008 under theCompanies Act, 1956. The name of the company was changed to KarinaFincap Private Limited pursuant to a fresh certificate of incorporation datedFebruary 03, 2011. Subsequently the company was converted into publiclimited company and received fresh certificate of incorporation dated February15, 2011 in the name of Karina Fincap Limited. Corporate Identification Numberof the company is U74120DL2008PLC173934. The Registered Office of thecompany is situated at 707, Kailash Building, 26, Kasturba Gandhi Marg, NewDelhi - 110 001.Shareholding Pattern

Name No. of equity shares % of shareholdingHPC Finsec ConsultancyPrivate Limited 21,90,000 97.77Mr. Harvansh Chawla 49,993 2.23Ms. Namrata Chawla 1 0.00Mr. Kuldeep Rai Chawla 1 0.00Ms. Kumud Chawla 1 0.00Ms. Meena Rani Chawla 1 0.00Mr. Sandeep Singhania 2 0.00Mr. Dilbagh Chawla 1 0.00Total 22,40,000 100.00

Financial performanceThe audited financial results of Karina Fincap Limited for the financial yearended March 31, 2011 are set forth below.

(` in lakhs)Particulars March 31, 2011Total Income -Profit after Tax (2.79)Equity share capital 5.00

Subsidiary CompanyOjjus Fidelity Healthcare Private Limited is wholly owned subsidiary of ourCompany. It was originally incorporated under the Companies Act, 1956 onJanuary 13, 2006 under the name and style of ‘Fidelity Buildcon PrivateLimited’. The name of the company was changed to ‘Ojjus Fidelity Healthcare

Private Limited’ and received the fresh certificate of incorporation on November05, 2008. The corporate identi f ication number of the Company isU45201DL2006PTC144801. The registered office of the Company is situated at707, Kailash Building, 26, Kasturba Gandhi Marg, New Delhi - 110 001. Theshares of Ojjus Fidelity Healthcare Private Limited are not listed on any StockExchange. Ojjus Fidelity has not commenced business operations and ischarging pre-operative expenses to the Profit & Loss Account.Shareholding Pattern as on September 30, 2011

Name No. of equity shares % of shareholdingGoodwill Hospital and 23,47,499 100.00Research Centre Limited 1

Mr. Harvansh Chawla 2 1 0.00 3

Total 23,47,500 100.001 Ojjus Fidelity has allotted 23,37,500 equity shares of face value ` 10 eachto our Company on June 29, 2011 at a price of ` 40 per equity share.2 Our Company is the beneficial owner of 1 equity share held by Mr. HarvanshChawla. Pursuant to section 187C of the Companies Act, 1956, Ojjus Fidelityhad filed Form 22B with the Registrar of Companies, NCT Delhi & Haryanadeclaring the beneficial ownership of our Company in the aforesaid 1 share.3 NegligibleSummary of the Restated Financial Statements for the three monthsperiod ended June 30, 2011 and last three fiscal years ended March 31,2011, 2010 and 2009 are as under:

(` in lakhs)Particulars June 30, March 31, March 31, March 31,

2011 2011 2010 2009Total Income - - - -Net Profit / (Loss) (30.76) (20.82) (11.93) (154.07)Equity Share Capital 234.75 1.00 1.00 1.00

Details of Material Penal Actions LitigationsThere are no material penal actions or litigations initiated against our Company.For details of compounding application filed by our Company under the CompaniesAct, 1956 with the Registrar of Companies NCT Delhi and Haryana andoutstanding litigations, suits or criminal or civil prosecutions, proceedings or taxliabilit ies against our Directors, our Promoter, Promoter group companies,Subsidiary and Directors of our Promoter, refer to the section titled “OutstandingLitigations and Material Developments” on page 158 of the Red Herring Prospectus.Details of Material Related Party TransactionsThe related party transactions entered into by our Company during the financialyear ended March 31, 2011 and three months period ended June 30, 2011 areas under:Transaction with Related Parties pursuant to Accounting Standard-18 forthe Financial Year 2010-11

(` in lakhs)Particulars Relationship Transaction AmountOjjus Fideli ty Heal thcare Subsid iary Company Investment in Subsidiary 3 8 1 . 8 5Private l imi ted C o m p a n yOjjus Medicare Pr ivate Holding Company a) Unsecured Loan taken 3 8 0 . 3 6L i m i t e d b) Share Applicat ion Money 4 0 0 . 0 0

conver ted into Share Capi ta lKar ina HealthcarePrivate L imi ted 1 Enterprise Owned or a) Interest paid 1 8 . 0 0

S ig n i f i ca n t l y b) Loan Given 8 6 . 7 6inf luenced by KeyM a n a g e m e n tPersonnel or thei rre la t i ve s.

K R Chawla & Co. Enterprise Owned or Unsecured Loan taken 97.60Significantly influencedby Key ManagementPersonnel or theirre lat ives.

Mrs. Namrata Chawla Key Personnel a) Unsecured Loan taken 2 1 . 0 7b) Salary paid 3 . 2 9

Mr. Aman Veer Singh Key Personnel a) Professional charges paid 1 0 . 0 0b) Salary paid 4 . 0 0

Mr Sandeep Singhania Key Personnel Salary paid 4 . 0 0Mr Harvansh Chawla Key Personnel Rent Paid 1 . 0 0

GOODWILL HOSPITAL AND RESEARCH CENTRE LIMITED 9

Transaction with Related Parties pursuant to Accounting Standard-18 forthe three months period ended June 30, 2011.

(` in lakhs)Particulars Relationship Transaction AmountOjjus Fideli ty Heal thcare Subsid iary Company Investment in Subsidiary 1 8 4 . 1 0Private l imi ted C o m p a n yOjjus Medicare Pr ivate Holding Company Repayment of Unsecured Loan 1 5 1 . 2 0L i m i t e dKar ina Healthcare Enterprise Owned or a) Interest paid 1 . 8 4Private L imi ted 1 S ig n i f i ca n t l y b) Loan Given 1 9 . 1 5

inf luenced by KeyM a n a g e m e n tPersonnel or thei rre la t i ve s.

K R Chawla Consult ing Enterprise Owned or Unsecured Loan taken 2 3 . 0 0Private L imi ted S ig n i f i ca n t l y

inf luenced by KeyM a n a g e m e n tPersonnel or thei rre la t i ve s.

Mrs. Namrata Chawla Key Personnel Salary paid 3 . 0 0Mr. Aman Veer Singh Key Personnel Salary paid 3 . 0 0Mr Sandeep Singhania Key Personnel Salary paid 3 . 0 0Mr Harvansh Chawla Key Personnel Rent Paid 0 . 7 5

1 The Issuer has entered into an agreement dated January 15, 2009 with KarinaHealthcare Private Limited (a promoter group company - referred to as “Karina”)for taking on lease - MRI Equipment for its hospital at Noida, “Ojjus Medicare”.The said equipment was purchased by Karina in January 2009 with financingof ` 208.50 lakhs from GE Capital, Gurgaon and the loan is repayable in 36monthly installments till February 10, 2012. In terms of the agreement betweenwith the Issuer and Karina, no lease rental is payable by Issuer to Karina. TheIssuer has to pay the installment consisting of principal and interest on behalfof Karina during the period of lease of equipment. While the Issuer has to bearthe interest paid to GE Capital, the principal amount paid by the Issuer to GECapital is to be treated as loan given by the Issuer to Karina and is to be repaidby Karina on completion of the tenure of the said loan. After completion of thetenure of the said loan, both the parties will re-negotiate the terms of businessfor use of said machine. The principal amount repaid by Issuer on behalf ofGE Capital is shown as loan given to Karina.For other details and related party transactions entered by our Company inprevious financial years, refer to “Standalone Financial Statements - RelatedParty Transactions” on page 109 of the Red Herring Prospectus.Our Company has not come out with any public / rights issue in thepast.

OUR BUSINESSSummary of our BusinessWe are engaged in running a multi specialty hospital at Noida called OjjusMedicare, with a super specialty focus on core areas such as Neurology andNeuro surgery, Cardiology and Cardiac surgery and Orthopaedics with emphasison Joint Replacements and Sports Injuries. We also provide healthcare servicesin area of Minimally Invasive surgeries, Mother & Child Care, Paediatrics,Diagnostic, Critical Care Medicine, Oncology, Gynaecology & Obstetrics,Nephrology, Dermatology, Gastroenterology, Dental and Eye car, etc.We are committed to delivering quality healthcare services to our patients inmodern facilities using advanced technology with a team of qualified andexperienced healthcare professionals. Our hospital is a state-of-art multi-specialtyhospital providing a depth of expertise in complete spectrum of advancedmedical and surgical interventions with a comprehensive mix of in-patient andout-patient services. We provide all facility under one roof like – 24 HourEmergency, Out Patient Department, Complete Diagnostics, Modular OTs, Cathlab,Perfexion Gamma Knife, Dialysis Centre, Cardiac Ambulances for patienttransportat ion, 24 Hour Pharmacy, Cashless facility for Insured patients,Specialized clinics, Preventive Health Checks etc. Our hospital has 220 beds,Surgical ICU and Medical ICU, four state-of-the-art Operation Theatres and state-of-the-art Imaging facility with automatic laboratory support. A special featureof our hospital is the availability of state-of-the-art equipments and trainedmedical personnel required for managing critically ill patients.We have installed “Perfexion” Gamma Knife Machine for non invasive treatmentof brain tumors, vascular malformations and functional diseases like parkinson’sdisease, trigeminal neuralgia and psychiatric disorders using highly précisedfocused gamma rays. We are amongst few private centres in South and SouthEast Asia to install Perfexion Gamma Knife. Leksell Perfexion Gamma Knife

machine is the 5th generation machine, which uses robotic technology todeliver precise radiation to intracranial and cervical spine lesions and to treatfunctional disorders.We were incorporated on June 26, 2000 under the Companies Act, 1956 withthe Registrar of Companies NCT Delhi & Haryana and received the Certificateof Commencement of Business on July 14, 2000. The construction of thehospital was commenced in the year 2002 and we started free medicalcheckup at the site to promote the business of upcoming hospital. Later on,medical consultancy services on small scale were provided to patients. Thehospital started the in-patient department in financial year 2004-05. In December2007, our management was taken over by Ojjus Medicare Private Limited, thepresent promoter and our operations were reorganized to create a multi specialtyhospital. Our hospital is on the panel of various government and largeorganizations for treatment of their employees.In the financial year 2010-11, we performed 435 Gamma Knife procedures,Neurosurgeries and Neuro interventions, 335 Cardiac Surgeries and CardiacInterventions, and 979 Orthopedic, General Surgeries and Gynae procedures.For the three month period ended June 30, 2011, we performed 122 GammaKnife procedures, Neurosurgeries and Neuro interventions, 105 Cardiac Surgeriesand Cardiac interventions and 231 Orthopedic, General Surgeries and Gynaeprocedures. The average occupancy rate for our hospital was approximately54% in the year 2010-11 and in the current year 2011-12, for the three monthperiod ended June 30, 2011 the average occupancy rate is 58%. We had totalrevenue of ` 5,358.30 lakhs in the financial year 2010-11 with a profit after taxof ` 1,592.59 lakhs as per standalone restated accounts. For the three monthperiod ended June 30, 2011 we had total revenue of ` 1,608.39 lakhs witha net profit of ` 463.68 lakhs.Speciality Services by our HospitalOur hospital, Ojjus Medicare is located on plot number D - 141 A&B, Sector40 at Noida owned by us and measuring 1,999 square meters with constructedarea of approximately 50,000 sq ft . The area is fully developed and wellconnected with surface transport and is near metro station. The hospital buildingconsists of five floors and basement housing various facilities for renderinghealth care services to the indoor and outdoor patients. The hospital is managedby a team of medical professionals under the supervision of Mrs. NamrataChawla, our Managing Director. We also engage prominent medical specialistas consultants to provide their services.Our Competitive StrengthsWe believe our competitive strengths are in providing complete Neuro andCardiac care under one roof backed up by the most advanced in houseDiagnostic centre. The critical care facility comprising of state of the art lifesupport equipment with highly experienced medical and non medical team isa strong support and confidence to the treating Consultants and to the patientand their attendants. Such set up enables us to treat patients of any criticalillness related to the brain and heart in the best possible manner and pull outmost of the critically ill patients.• Experienced Team of Skilled doctorsAs of August 31, 2011, we had a team of 32 full time doctors complementedby 72 nurses and 46 other medical personnel. We adhere to international clinicalprotocols in patient handling, operating theaters, intensive care unit managementand emergency care set by leading international hospitals and accreditationbodies. In addition we also engage prominent specialist in various field ofmedical sciences as consultants who provide their services regularly and arealso in demand amongst patients. In addition, medical professionals at our rollsand / or engaged by us as consultants are dedicated to clinical research andhave published studies on topics including neurology and neuro-surgerycardiology, cardiac surgery etc. Our Doctors are having experience in patienttreatment by using innovative and latest techniques such as multiple metastasisin single sit ting through perfexion gamma knife machine, minimally invasivecardiac and orthopedic surgeries. Most of the doctors engaged by us havereceived advanced training at leading hospitals in India and overseas.• Quality patient careOur hospital has been designed to ensure that we are able to offer quality careto our patients. The layouts at our facilities minimize inpatient movement, withoutpatient facilities located within the hospital. Other characteristics of many ofour facilities, such as attractive architectural and design features, the use ofspecial lighting and color and the reduction of “hospital odors”, also enhancethe patient experience. Our hospital staff is trained to care for patients withtechniques utilized in the hospitality industry, which, together with the designof our facilities, helps relieve patient anxiety and provide a more comfortableexperience for patients. In addition, we focus on obtaining current technologiesfor providing healthcare services.We have upgraded our hospital as per the standards prescribed by NABH andNABL and applied for NABL and NABH accreditation. The said applications areunder process. Our Hospital is also empanelled with CGHS with effect fromMay 04, 2011.• Specialty focusWe focus on neurology along with other clinical areas such as cardiology andcardiac surgery, orthopedics, urology and nephrology and critical care. We

GOODWILL HOSPITAL AND RESEARCH CENTRE LIMITED10

have installed “Perfexion” Gamma Knife Machine for the treatments of braintumor. We are amongst the few hospitals in South and South East Asia to havethis facility. We are investing significantly in the technology, equipment andinfrastructure required to perform the most advanced procedures and to strengthenour specialty focus.For details refer to “Our Business” on page 53 of the Red Herring Prospectus.Industry OverviewFor details refer to the Chapter titled “Industry Overview” on page 47 of theRed Herring Prospectus.Regulation and PoliciesFor details refer to the Chapter titled “Key Industry Regulations” on page 64of the Red Herring Prospectus.Pending Government and other approvalsA. Approvals required for the proposed polyclinics and Diagnostics

Centre, for which funds are being raised through this IssueWE REQUIRE A NUMBER OF APPROVALS FOR SETTING UP OFPOLY CLINICS AND DIAGNOSTICS CENTRE NAMELY, APPROVALFROM CHIEF MEDICAL OFFICER (FOR SETTING UP OF POLYCLINICSAND DIAGNOSTICS CENTRE AND UNDER PRE-NATAL DIAGNOSTICTECHNIQUES (REGULATION AND PREVENTION OF MISUSE) ACT,1994), ATOMIC ENERGY REGULATORY BOARD FOR USE OF HIGHEND MEDICAL EQUIPMENTS, POLLUTION CONTROL BOARD, FIREAND SAFETY DEPARTMENT, DRUG LICENCING AUTHORITY ANDDEPARTMENT OF COMMERCIAL TAXES. SINCE THE PREMISE(S)WHERE WE WILL SET UP POLYCLINICS HAVE NOT BEEN IDENTIFIEDAND THE POSSESSION OF DIAGNOSTICS CENTRE HAS NOT BEENRECEIVED BY US, WE HAVE NOT APPLIED FOR ANY REGULATORYAPPROVAL REQUIRED FOR SETTING UP OF DIAGNOSTIC CENTREAND POLYCLINICS FOR WHICH THE FUNDS ARE PROPOSED TO BERAISED THROUGH THIS ISSUE. THE APPLICATIONS FOR REQUISITEAPPROVALS WILL BE MADE ONLY AFTER TAKING POSSESSION OFTHE PREMISES FROM WHERE THESE ACTIVIES WILL BE CARRIEDOUT AND / OR AFTER PLACING THE ORDERS FOR MEDICALEQUIPMENTS & MACHINERIES.

B. Applications made for approvals / permissions for present businessactivities, registration / renewal for which is pending

Authority Granting Nature of approval / Statusapproval StatuteNat ional Accreditat ion Board NABH Accreditat ion Appl ication dated July 06, 2010for Hospital and Healthcare Certif icate submitting the policies required forProviders,Quality Council NABH Accreditation as per the NABHof India Guidelines have been submitted with

the office of Deputy Director, QualityCouncil of India. We have not receivedany correspondence thereafter.

Nat ional Accreditat ion NABL Accredi tation Applicat ion made for the NABLBoard for testing and Certif icate accreditation. The Accreditation OfficerCalibration Laboratories, NABL had issued observations to us onDepartment of Science and the documents submitted. We haveTechnology, Government made the necessary changes as per theof India NABL requirement and replied vide our

letter dated December 01, 2010. Wehave not received any response fromthe Accreditation Officer, NABL on thechanges submitted by us.

U.P. Pollut ion Control Section 21 of the Air Applied for renewal on January 11,Board (Prevention & Control of 2011. The approval for the same is

Pol lution) Act, 1981 awai ted.U.P. Pollut ion Control Section 25/26 of the Applied for renewal on January 11,Board Water (Prevention & 2011. The approval for the same is

Cont rol of Pollut ion) awai ted.Act, 1974

U.P. Pollut ion Control Bio-Medical Waste Applied for renewal on January 11,Board (Management & 2011. The approval for the same is

Handling) Rules 1998 awai ted.Further, we have not applied for any regulatory approval required for settingup of diagnostic centre and polyclinics for which the funds are proposed to beraised through this Issue. The applications for requisite approvals will be madeafter placing the orders for medical equipments & machineries.For details refer to the Chapter titled “Government and Other Approvals” onpage 164 of the Red Herring Prospectus.

OUR FINANCIAL INFORMATIONStandalone summary statement of Assets and Liabilities (restated)

(` in lakhs)Particulars As at

30/06/11 31/03/11 31/03/10 31/03/09 31/03/08 31/03/07 (A) Fixed Assets          Gross Block 1 3 , 04 3 . 6 6 1 2 , 94 6 . 3 6 6 , 1 4 6 . 1 9 2 , 9 7 4 . 9 2 8 0 2 . 2 5 7 6 8 . 5 4Less Depreciat ion 2 4 9 6 . 2 4 2 1 4 7 . 2 2 1 , 0 7 1 . 5 1 2 9 6 . 6 8 1 8 6 . 6 3 1 3 2 . 6 3Net Block 1 0 , 54 7 . 4 2 1 0 , 79 9 . 1 4 5 , 0 7 4 . 6 8 2 , 6 7 8 . 2 4 6 1 5 . 6 2 6 3 5 . 9 1Less: Revaluation Reserve - - - - - -Net Block af ter adjustment for 5 , 0 7 4 . 6 8 2 , 6 7 8 . 2 4 6 1 5 . 6 2 6 3 5 . 9 1Revaluat ion ReserveCapita l work- in-progress - 3 5 1 . 7 3 2 , 2 0 9 . 6 7 3 , 7 4 9 . 3 2 2 . 4 9 -( including Capi ta l Advances)Total 10,547.42 11,150.87 7,284.35 6,427.56 618.11 635.91(B) Investments 1,179.49 995.38 613.53 - - -(C) Deferred tax assets - - - - 9.24 38.3(D) Current Assets, Loans andAdvancesIn ve nt or ie s 6 0 . 0 3 5 6 . 5 6 4 4 . 8 2 1 9 . 2 7 2 8 . 9 9 2 4 . 1 3Sundry Debtors 4 4 2 . 7 8 4 1 6 . 9 7 5 4 . 5 5 4 1 . 9 3 4 9 . 6 2 3 4 . 1 8Cash and Bank Balances 1 2 7 . 0 0 1 2 5 . 0 6 1 6 . 3 0 8 . 5 0 5 . 0 3 2 2 . 7 7Loans and Advances & 8 9 3 . 8 7 6 5 6 . 8 1 6 5 1 . 3 7 4 0 0 . 5 9 2 3 3 . 5 0 1 4 . 5 4Other Current AssetsTotal 1,523.68 1,255.40 767.04 470.29 317.14 95.62(E) Liabilities and Provisions:Secured Loans 5 , 8 0 5 . 8 9 6 , 3 5 2 . 7 8 4 , 1 5 0 . 4 9 4 , 5 1 6 . 4 2 2 8 7 . 7 3 3 1 4 . 4 1Unsecured Loans 2 , 2 5 0 . 8 2 2 , 3 7 9 . 0 2 1 , 9 0 1 . 0 6 9 6 3 . 4 3 - -Deferred Tax L iabi l it ies 4 6 8 . 8 8 5 4 3 . 0 4 3 9 5 . 7 6 1 1 4 . 1 6 - -Current Liabi l it ies 3 1 6 . 1 2 3 2 9 . 9 1 2 4 5 . 6 3 1 1 4 . 4 2 5 3 . 4 0 2 5 . 5 1P ro vi s i on s 6 6 1 . 2 5 5 1 2 . 7 5 1 5 3 . 9 2 4 6 . 7 0 6 . 2 9 0 . 3 3Share Appl ication Money - - 4 9 4 . 0 0 9 4 . 0 0 3 1 6 . 6 2 1 5 9 . 3 8Total 9,502.95 10,117.50 7,340.86 5,849.13 664.04 499.63Net worth(A+B+C+D-E) 3,747.64 3,284.15 1,324.06 1,048.72 280.45 270.20Represented by(F ) Share Capi ta l 9 0 0 . 0 0 9 0 0 . 0 0 5 0 0 . 0 0 5 0 0 . 0 0 3 7 1 . 8 7 3 7 1 . 8 7(G) Reserves & Surplus 2 , 8 8 0 . 3 2 2 , 4 1 6 . 6 2 8 2 4 . 0 6 5 4 9 . 0 7 6 . 2 2 6 . 2 2(H) Debit Balance of Profit & Loss Account - - - - (9 6. 43 ) (1 05 .8 4)(I) Miscellaneous Expenditure (3 2. 68 ) (3 2. 47 ) - (0 .3 5) (1 .2 1) (2 .0 5)(To the extent not written off or adjusted)        Net worth (F+G+H+I) 3,747.64 3,284.15 1,324.06 1,048.72 280.45 270.20

Our Company have not issued any bonus shares to the shareholders.Standalone summary statement of Profit & Loss account (restated)

(` in lakhs)Particulars For 3 months For the financial year ended

period ended on 31.03.2011 31.03.2010 31.03.2009 31.03.2008 31.03.200730.06.2011

IncomeOperat ing Income 1 , 6 0 6 . 6 5 5 , 3 5 3 . 3 9 2 2 8 9 . 6 7 1 0 4 6 . 0 5 5 4 8 . 9 5 3 6 0 . 0 5Other income 1 . 7 4 4 . 9 1 1 . 3 3 0 . 5 8 0 . 4 9 2 . 5 6Total Income 1,608.39 5358.30 2291.00 1046.63 549.44 362.61ExpenditureCost of materials consumed 1 4 5 . 7 9 2 7 9 . 6 2 9 6 . 5 8 1 1 0 . 6 2 9 1 . 2 4 5 3 . 5 1Personnel Expenses 1 1 4 . 0 2 2 9 9 . 7 6 1 6 0 . 2 3 1 1 2 . 4 3 9 0 . 7 7 3 4 . 3 2Operat ing Expenses 1 8 6 . 4 8 5 6 6 . 7 3 2 5 7 . 5 3 2 3 8 . 2 9 2 0 3 . 2 1 1 3 5 . 4 7Sel ling, General & 5 6 . 8 5 3 6 2 . 9 3 6 4 . 1 3 9 . 6 9 3 1 . 2 7 4 1 . 1 7Administ rative ExpensesPreliminary Expenses written off - - 0 . 3 5 0 . 8 5 0 . 8 5 0 . 8 5Total Expenditure 503.14 1,509.04 578.79 501.88 417.34 265.32Net Profit before Interest, 1,105.25 3,849.26 1712.21 544.75 132.10 97.29Depreciation, Taxation andextraordinary itemsFinancia l Expenses 1 5 2 . 0 1 4 5 1 . 7 4 3 7 4 . 6 3 5 1 . 8 5 3 7 . 1 3 3 8 . 7 3Depreciat ion & Amortisat ion 3 4 9 . 0 2 1 , 0 8 2 . 8 9 7 8 1 . 0 0 1 1 0 . 0 5 5 4 . 0 0 5 6 . 1 9Net Profit before Taxation 604.22 2,314.63 556.58 382.85 40.97 2.37& extraordinary items

GOODWILL HOSPITAL AND RESEARCH CENTRE LIMITED 11

Particulars For 3 months For the financial year endedperiod ended on 31.03.2011 31.03.2010 31.03.2009 31.03.2008 31.03.2007

30.06.2011Extraordinary i tems (net of tax) - - - - - -Net profi t before Taxat ion 6 0 4 . 2 2 2 , 3 1 4 . 6 3 5 5 6 . 5 8 3 8 2 . 8 5 4 0 . 9 7 2 . 3 7Provis ion for: -Current Tax 1 5 5 . 0 0 5 2 9 . 2 5 1 0 5 . 2 0 4 0 . 8 0 1 . 9 6 -Fringe Benef i t Tax - - - 0 . 7 9 0 . 5 4 0 . 4 1Deferred Tax (7 4. 15 ) 1 4 7 . 2 8 2 8 1 . 6 0 1 2 3 . 4 1 2 9 . 0 6 1 . 0 4(Mat Credi t )/Setof f 5 9 . 6 9 4 5 . 5 1 (105.20) - - -To t a l 1 4 0 . 5 4 7 2 2 . 0 4 2 8 1 . 6 0 1 6 5 . 0 0 3 1 . 5 6 1 . 4 5Net profit after taxation 463.68 1,592.59 274.98 217.85 9.41 0.92Add: Balance Brought Forward 1 , 9 8 8 . 9 9 3 9 6 . 4 0 1 2 1 . 4 2 (96.43) (105.84) (106.76)Balance Carried to Balance Sheet 2452.67 1988.99 396.40 121.42 (96.43) (105.84)

Management’s Discussion and Analysis of Revenues and Profits / LossesResults of Operations for three month period ended June 30, 2011• Our operating income comprises of pharmacy sale, room rents, consultancy

receipts, operation theatre charges, lab receipts and other receipts includinggamma knife procedures. Our operating income for the three month periodending June 30, 2011 was ` 1,606.65 lakhs. During the said period of threemonths, the average occupancy rate increased from 54% in financial year2010-11 to 58% approximately.

• During the above mentioned period our total expenditure as a percentageof total income stood at 31.28% (` 503.14 lakhs).

• Profit after tax during the three month period ended June 30, 2011 was `463.68 lakhs representing 28.83% of the total income.

Comparison of Financial Year 2010-11 with Financial Year 2009-10.IncomeOur operating income increased from ` 2,289.67 lakhs for the financial year2009-10 to ` 5,353.39 lakhs for the financial year 2010-11, registering a growthof 133.81%. This substantial increase in business was due to increased bedcapacity, increased inpatient admissions in our hospital and commencement ofhigher number of treatments using Perfexion Gamma Knife machine for noninvasive treatment of brain tumors, vascular malformations and functionaldiseases like parkinson’s disease, trigeminal neuralgia and psychiatric disordersusing highly précised focused gamma rays.Other incomeOther income of business increased from ` 1.33 lakhs during the financial year2009-10 to ` 4.91 lakhs during the financial year 2010-11 as a result of highermiscellaneous income and profit on sale of fixed asset(s).Cost of Material ConsumedCost of material consumed increased from 4.22% of the total income in financialyear 2009-10 to 5.22% of the total income in the financial year 2010-11. Inabsolute terms, the same increased from ` 96.58 lakhs in financial year 2009-10 to ` 279.62 lakhs in the financial year 2010-11. The same has increasedsince the Issuer has been carrying out more neuro / spine surgeries andinterventional cardiac / neuro procedures. These surgeries involve higher inputcost which has directly resulted in increase in cost of materials consumed.Personnel ExpensesPersonnel Expenses has decreased from 6.99% of the total income in financialyear 2009-10 to 5.59% of the total income in the financial year 2010-11. Inabsolute terms it increased from ` 160.23 lakhs in the financial year 2009-10to ` 299.76 lakhs in the f inancial year 2010-11. The personnel expensesdecreased as a percentage to total income as a result of higher level ofbusiness operations.Operating ExpensesOperating Expenses has decreased from 11.24% of the total income in financialyear 2009-10 to 10.58% in the financial year 2010-11 as a result of growth ofinpatients during the year. In absolute terms it increased from ` 257.53 lakhsin the financial year 2009-10 to ` 566.73 lakhs in the financial year 2010-11.Selling, General & Administrative ExpensesSelling, General & Administrative Expenses has increased from 2.80% of thetotal income in financial year 2009-10 to 6.77% of the total income in thefinancial year 2010-11. With the increased bed capacity and use of high endmedical equipments, the expenditure on marketing and advert isement hasincreased, which has resulted in increase in the selling, general and administrativeexpenses. In absolute terms it increased from ` 64.10 lakhs in financial year2009-10 to ` 362.93 lakhs in the financial year 2010-11.Financial ExpensesFinancial Expenses reduced from 16.35% of the total income in financial year2009-10 to 8.43% in the financial year 2010-11 as a result of higher scale ofbusiness operations. In absolute terms it increased from ` 374.63 lakhs inf inancial year 2009-10 to ` 451.74 lakhs in f inancial year 2010-11. The

Company has availed loans for purchase of advanced medical equipments.Depreciation and AmortisationDepreciation and Amortisation reduced from 34.09% of the total income infinancial year 2009-10 to 20.21% of the total income in the financial year 2010-11. In absolute terms it increased from ` 781.00 lakhs in financial year 2009-10 to ` 1,082.89 lakhs as a result of full year depreciat ion on medicalequipments purchased by the Company in the financial year 2009-10 and newequipment purchased in the financial year 2010-11.TaxTotal tax liability increased from 12.29% of the total income in financial year2009-10 to 13.48% of the total income in the financial year 2010-11. In absoluteterms it increased from ` 281.60 lakhs in financial year 2009-10 to ` 722.04lakhs in the financial year 2010-11. The tax liability increased to actual increasein the liability for payment of Income Tax in the absence of any MAT credit.Profit after TaxProfit after tax has increased from 12.00% of the total income in financial year2009-10 to 29.72% in the financial year 2010-11 mainly due to higher level ofbusiness operations and lower depreciation and financial charge. In absoluteterms it increased from ` 274.98 lakhs in financial year 2009-10 to ` 1,592.59lakhs in the financial year 2010-11.Comparison of Financial Year 2009-10 with Financial Year 2008-09.IncomeOur operating income increased from ` 1046.05 lakhs during the financial year2008-09 to ` 2289.67 lakhs for the financial year 2009-10, registering a growthof 118.89%. This substantial increase in business was due to increased bedcapacity, increased inpatient admissions in our hospital and commencement oftreatment using Perfexion Gamma Knife machine for non invasive treatment ofbrain tumors, vascular malformations and functional diseases like parkinson’sdisease, trigeminal neuralgia and psychiatric disorders using highly précisedfocused gamma rays.Other incomeOther income of business increased marginally from ` 0.58 lakhs during thefinancial year 2008-09 to ` 1.33 lakhs during the financial year 2009-10.Cost of Material ConsumedCost of material consumed decreased from 10.57% of the total income infinancial year 2008-09 to 4.22% of the total income in financial year 2009-10.In absolute terms, the same decreased from ` 110.62 lakhs in financial year2008-09 to ` 96.58 lakhs in financial year 2009-10. The decrease was mainlydue to decrease in use of consumables and increased use of high endmachines.Personnel ExpensesPersonnel Expenses has decreased from 10.74% of the total income in financialyear 2008-09 to 6.99% of the total income in financial year 2009-10. In absoluteterms it increased from ` 112.43 lakhs in the financial year 2008-09 to ` 160.23lakhs in the financial year 2009-10. The personnel expenses decreased as apercentage to total income as a result of higher level of business operations.Operating ExpensesOperating Expenses has decreased from 22.77% of the total income in financialyear 2008-09 to 11.24% of the total income in financial year 2009-10 as a resultof growth of inpatients during the year. In absolute terms it increased from `238.29 lakhs in the financial year 2008-09 to ` 257.53 lakhs in the financialyear 2009-10.Selling, General & Administrative ExpensesSelling, General & Administrative Expenses has decreased from 3.79% of thetotal income in financial year 2008-09 to 2.80% of the total income in financialyear 2009-10. The decrease was due to higher operating income of theCompany. In absolute terms it increased from ` 39.69 lakhs in financial year2008-09 to ` 64.10 lakhs in financial year 2009-10.Financial ExpensesFinancial Expenses increased from 4.95% of the total income in financial year2008-09 to 16.35% of the total income in financial year 2009-10. In absoluteterms it increased from ` 51.85 lakhs in financial year 2008-09 to ` 374.63lakhs in financial year 2009-10 because of increase in bank borrowings by theCompany. The Company has availed loans for purchase of advanced medicalequipments.Depreciation and AmortisationDepreciation and Amortisation increased from 10.51% of the total income infinancial year 2008-09 to 34.09% of the total income in financial year 2009-10.In absolute terms it increased from ` 110.05 lakhs in financial year 2008-09to ` 781.00 lakhs in financial year 2009-10 as a result of depreciation on newmedical equipments purchased by the Company, including Gamma Knifeprocedures which was put to use in the financial year 2008-09.TaxTotal tax liability decreased from 15.76% of the total income in financial year2008-09 to 12.29% of the total income in financial year 2009-10. In absolute

GOODWILL HOSPITAL AND RESEARCH CENTRE LIMITED12

terms it increased from ` 165.00 lakhs in financial year 2008-09 to ` 281.60lakhs in financial year 2009-10. The tax liability decreased due MAT (MinimumAlternate Tax) credit available with the Company. Further the deferred taxamount increased from ` 123.41 lakhs in financial year 2008-09 to ` 281.60lakhs in financial year 2009-10 as a result of higher depreciation.Profit after TaxProfit after tax has decreased from 20.81% of the total income in financial year2008-09 to 12.00% of the total income in financial year 2009-10 due to higherfinancial expenses and depreciation. However, in absolute terms it increasedfrom ` 217.85 lakhs in financial year 2008-09 to ` 274.98 lakhs in financialyear 2009-10.Comparison of Financial Year 2008-09 with Financial Year 2007-08.IncomeOur operating income increased from ` 548.95 lakhs in financial year 2007-08 to ` 1046.05 lakhs in financial year 2008-09, registering a growth of 90.55%as a result of increased bed capacity and increased volumes of inpatientadmissions in our hospital. Further the control and management of the Companywas taken over by the present promoters of our Company, who activelyinvolved them towards business development of our Company.Other incomeOur other income increased marginally from ` 0.49 lakhs in financial year 2007-08 to ` 0.58 lakhs in financial year 2008-09.Cost of Material ConsumedCost of material consumed decreased from 16.61% of the total income infinancial year 2007-08 to 10.57% of the total income in financial year 2008-09due to decrease in use of consumables and we had started to use high endmedical equipments & machines. In absolute terms, the same increased from` 91.24 lakhs in financial year 2007-08 to ` 110.62 lakhs in financial year 2008-09.Personnel ExpensesPersonnel Expenses has decreased from 16.52% of the total income in financialyear 2007-08 to 10.74% of the total income in financial year 2008-09 since wehad started to expand our business operation. In absolute terms it increasedfrom ` 90.77 lakhs in the financial year 2007-08 to ` 112.43 lakhs in thefinancial year 2008-09 as a result of general increase in employee’s salaries,recruitment of additional employees due to expansion of bed capacity at ourhospital.Operating ExpensesOperating expenses has decreased from 36.98% of the total income in financialyear 2007-08 to 22.77% of the total income in financial year 2008-09 as a resultof increase in inpatients admissions in our hospital. In absolute terms itincreased from ` 203.21 lakhs in the financial year 2007-08 to ` 238.29 lakhsin the financial year 2008-09.Selling, General & Administrative ExpensesSelling, general & administrative expenses reduced from 5.69% of the totalincome in financial year 2007-08 to 3.79% of the total income in financial year2008-09 as a result of increase in inpatients admissions in our hospital. Inabsolute terms, it increased from ` 31.27 lakhs in financial year 2007-08 to` 39.69 lakhs in financial year 2008-09.Financial ExpensesFinancial Expenses decreased from 6.76% of the total income in financial year2007-08 to 4.95% of the total income in financial year 2008-09. In absolute termsit increased from ` 37.13 lakhs in financial year 2007-08 to ` 51.85 lakhs inf inancial year 2008-09 as a result of term loan and external commercialborrow ings availed by the Company for purchase of advanced medicalequipments and machines. However finance expenses have decreased as apercentage of total income as a result of higher operating income and utilizationof term loans towards the end of the financial year.Depreciation and AmortisationDepreciation and Amortisation increased from 9.83% of the total income infinancial year 2007-08 to 10.51% of the total income in financial year 2008-09.In absolute terms it increased from ` 54.00 lakhs in financial year 2007-08 to` 110.05 lakhs in financial year 2008-09 as a result of purchased of medicalequipments and machines and other fixed assets during the financial year.TaxTotal tax increased from 5.74% of the total income in financial year 2007-08to 15.76% of the total income in financial year 2008-09. In absolute terms itincreased from ` 31.56 lakhs in financial year 2008-09 to ` 165.00 lakhs infinancial year 2009-10 due to higher profit as a result of increase operation ofthe Company and increased deferred tax provision.Profit after TaxProfit after tax has increased from 1.71% of the total income in financial year2007-08 to 20.81% of the total income in financial year 2008-09. In absoluteterms it increased from ` 9.41 lakhs in financial year 2007-08 to ` 217.85 lakhsin financial year 2008-09.

MATERIAL DEVELOPMENTS SUBSEQUENT TO THE LAST PERIOD FORWHICH FINANCIAL STATEMENTS HAVE BEEN AUDITED

In the opinion of our Board, there have not arisen since the date of the lastfinancial statements i.e. June 30, 2011, any circumstances that materially oradversely affect or are likely to affect our profitability taken as a whole or thevalue of our assets or our ability to pay our material liabilities within the next12 months.Capitalisation of Reserves or ProfitsThere has not been any capitalisation of reserves or profits since incorporation.Revaluation of assetsThere has not been any revaluation of Assets since incorporation.Changes in Auditors during the last three yearsThere has been no change in the Statutory Auditors of our Company duringthe last three years except as under:

Date of change Previous Auditor New Auditor Reason for changeApril 06, 2009 Garg B Mohan & Co. Chandiok & GulianiC - 44, Resignation of Auditor

Nizamuddin East,New Delhi - 110 013

Capital StructureThe Share Capital of our Company as of the date of this Red Herring Prospectusis set forth below

In ` lakhs (except share data)Particulars Aggregate Value at Aggregate Value at

Nominal Price Issue Price(A) Authorised Share Capital 2,50,00,000 2,500.00

equity shares of face value ` 10 each(B) Issued, Subscribed and Paid up share 900.00

capital before the Issue 90,00,000 equityshares of face value ` 10 each

(C) Present Issue in terms of this Red HerringProspectus 1

[•] equity shares of face value ` 10 each [•] [•]

[•] warrants each convertible into one [•]equity share of face value ` 10 each

(D) Paid up share capital after the IssueAfter the Issue but before exercise ofWarrants:[•] equity shares of face value ` 10 each [•]

Assuming full exercise of Warrants afterWarrant Exercise Period:[•] equity shares of face value ` 10 each [•]

(E) Securities Premium AccountBefore the Issue 427.65After the Issue (assuming full exercise ofwarrants at the face value of equity shares) [•]

1. The present Issue in terms of this Red Herring Prospectus has beenauthorized by our Board of Directors and by our members in their ExtraOrdinary General Meeting pursuant to the resolutions passed in their meetingheld on December 20, 2010 and December 23, 2010 respectively.There is no Promoters’ Contribution or reservation for any specified categoryin this Issue.Notes to the Capital StructureFor notes to the Capital Structure, refer to the Section titled “Capital Structure”on page 20 of the Red Herring Prospectus.

RISK FACTORS

Risk factors arising out of Offences / Litigations / Losses, etc1. There are certain legal proceedings involving / notice issued to two

of our Director.There are no litigations outstanding against our Company. However twoof our Directors are involved in certain litigations and statutory notices havebeen issued against them in their personal capacity, brief details of whichare as under ;

GOODWILL HOSPITAL AND RESEARCH CENTRE LIMITED 13

Nature of Litigation Name of Director involved No. of cases Amount involvedIncome Tax Notice(s) Mr. Harvansh Chawla 3 ` 4,101.30 lakhs 1

Central Excise Mr. Amanveer Singh 1 ` 66.61 lakhs 2

Civil Matter Mr. Amanveer Singh 1 Not ascertainableWrit Petition Mr. Amanveer Singh 1 Not ascertainable

1 Amount is ascertainable only for two cases. The appeal has been filed byMr. Harvansh Chawla in both the cases. In third case, no specific demandhas been raised. Excludes penalty amount, if any.2 Excludes penalty amount, if any.For details on the lit igation proceedings involving our Company and ourPromoter, Subsidiary, Promoter Group Companies, Director and Directors of ourPromoter, please refer to section titled “Outstanding Litigations and MaterialDevelopments” on page 158 of the Red Herring Prospectus.2. Our Company and the officers in default have filed applications

under Section 621A of the Companies Act for compounding ofcertain offences committed under sections 269 (non appointment ofManaging Director), 295 (loan to Director / Companies controlledby Director ) and 383A (non appointment o f full t ime CompanySecretary) of the Companies Act, 1956.(a) Our Company has entered into an agreement dated January 15, 2009

with Karina Healthcare Private Limited, a promoter group company, fortaking on lease - MRI Equipment for the Hospital at Noida. The saidequipment was purchased by Karina Healthcare Private Limited inJanuary 2009 with financing of ` 208.50 lakhs from GE Capital,Gurgaon and the loan was repayable in 36 monthly installments tillFebruary 10, 2012.In terms of the agreement between with our Company and KarinaHealthcare Private Limited, no lease rental is payable by our Companyto Karina Healthcare Private Limited. Our Company has to pay theinstallment consist ing of principal and interest on behalf of KarinaHealthcare Private Limited during the period of lease of equipment.While our Company has to bear the interest paid to GE Capital, theprincipal amount paid by our Company to GE Capital is to be treatedas loan given by our Company to Karina Healthcare Private Limitedand is to be repaid by Karina Healthcare Private Limited on completionof the tenure of the said loan. After completion of the tenure of the saidloan, both the parties will re-negotiate the terms of business for useof said machine. The principal amount repaid by Company on behalfof GE Capital is shown as loan given to Karina Healthcare PrivateLimited. Our Company was not in compliance with the provisions ofSection 295 of the Companies Act, 1956.Pursuant to the provisions of section 295 of the Companies Act, 1956,the person who is in default may be punishable with fine which mayextend to fifty thousand rupees or imprisonment for a term which mayextend to six months. Our Company and the officers in default havefiled application(s) under section 621A with the ROC for compoundingof contraventions of the provisions of the said section of the CompaniesAct, 1956.

(b) In accordance with Section 269 of the Companies Act, 1956, everyCompany having paid up capital of ` 500 lakhs or more is requiredto appoint a Managing Director or Whole Time Director. The paid upshare capital of our Company was ` 500 lakhs on August 07, 2008subsequent to allotment of shares made on the referred date. OurCompany was not in compliance with the provisions of Section 269of the Companies Act, 1956 for the period from September 30, 2008to December 22, 2010 and thus has filed an application under section621A for compounding of the same with the Registrar of Companies.

(c) In accordance with Section 383A of the Companies Act, 1956, everyCompany having paid up capital of ` 200 lakhs or more (w.e.f. June11, 2002) is required to appoint a full time Company Secretary. Theprovisions of Section 383A were applicable to our Company w.e.f.June 11, 2002. Our Company was not in compliance with the provisionsof Section 383A(1) of the Companies Act, 1956 for the period from (i)June 11, 2002 to August 31, 2005, (ii) October 02, 2005 to August 19,2009 and (iii) from March 31, 2010 to April 14, 2010 and thus hasfiled an application under section 621A for compounding of the samewith the Registrar of Companies.

We have neither received any notice nor any action has been initiatedagainst us by the Registrar of Companies / Ministry of CorporateAffairs for the violation of the provisions of the Companies Act, 1956as indicated at paras (a) to (c) as aforesaid. The compoundingapplications filed by us are pending before the regulatory authority.

Company / Group Specific Risks (including Project / Object specificrisk)1. The funding requirements and the deployment of the proceeds of

the Issue are based on management estimates and have not beenindependently appraised. Further, the deployment of the Issue

proceeds is entirely at our discretion and is not subject to anymonitoring by an independent agency.Our funding requirements and the deployment of the proceeds of the Issueare based on management estimates and have not been appraised by anybank or financial institution. Further, such estimates are based on marketconditions and management expectations as of the date they were made.In view of the highly competit ive nature of the industry in which weoperate, we may have to revise our management estimates from time totime and consequently our funding requirements may also change. Significantrevisions to our funding requirements or the deployment of Issue proceedsmay result in the rescheduling of our resource raising programs and anincrease or decrease in our proposed expenditure for a particular object.Further we have not appointed any independent monitoring agency tomonitor the utilization of the proceeds raised from this Issue. The Issueproceeds will be utilized at the sole discretion of the Board of Directors ofour Company. For further details please refer to section titled “Objects ofthe Issue” on page 29 of the Red Herring Prospectus.

2. We have not yet entered into definitive agreements to utilize theproceeds of the Issue. Any delay in finalization and placement oforder for machinery and equipments may have an adverse impacton our Company’s operations.We have not entered into any definitive agreement or placed any ordersfor the projects for which funds are proposed to be raised through thisIssue. Whilst the quotations obtained by us for equipment, installations orcivil works in connection with such projects are described in “Objects ofthe Issue” on page 29 of the Red Herring Prospectus, such costs aresubject to change in the light of various factors beyond our control,including delays or increase in quoted prices by identified vendors. Ourinability to complete the identified projects as per the stated schedules ofimplementation may lead to cost overruns and may impact our futureprofitability.Also the requirement of miscellaneous surgical equipments, computers,office and miscellaneous equipments and security deposits for setting uppolyclinics aggregating to ` 627.00 lakhs are purely management estimatesand not based on quotations from vendors.

3. We propose to set up a Diagnostic centre at the hospital being setup by our Wholly Owned Subsidiary, Ojjus Fideli ty, and haveentered into an agreement with Ojjus Fidelity for leasing out 40,000sq. ft of constructed space with basic infrastructure for setting upthe diagnostic centre. Delay, if any in handing over the possessionof space by Ojjus Fidelity may have an adverse impact on ourexpansion plan.We have entered into an agreement on January 01, 2011 with Ojjus Fidelityfor leasing out 40,000 sq. ft of constructed space with basic infrastructurefor setting up a diagnostic centre. It was earlier proposed that Ojjus Fidelitywill handover the possession of the said space by September 2011.However, the same has been delayed and now proposed to be handedover to us by March 2012. Though no lease rent is proposed to be paidto Ojjus Fidelity, but any delay in handing over the possession of thepremises by Ojjus Fidelity for setting up of diagnostic centre may havean adverse impact on our expansion plan.

4. We propose to establish 6 polyclinics within a radius of 150 kmsof Noida. We have not identified the properties proposed to betaken on lease for setting up of these polyclinics. Delay, if any, inidentifying the properties or taking their possession for proposedpolyclinics may have an adverse impact on our expansion plan.We intend to set up Polyclinics for high end treatment in Neuro, cardiac,Orthopedics and Minimal Invasive Surgery within a radius of 150 km ofNoida. These polyclinics are proposed to provide comprehensive generalhealthcare services to patients in their cities and refer patients for advancecare and critical treatment to our hospital at Noida. Initially, we proposeto set up one polyclinic each in Muzaffarnagar, Bulandshahar, Meerut,Saharanpur, Hapur and Moradabad. All these cities depend on Delhi andNoida for the high end healthcare needs. We are in the process ofidentifying the location in these cities for setting up of Polyclinics. Anydelay in identifying the properties or taking their possession for the proposedpolyclinics may have an adverse impact on our expansion plan.

5. There has been delay in implementation of the proposed projectsfor which funds are proposed to be raised through this Issue. Thishas resulted in increase in cost of our proposed expansion. Anyfurther delay is subject to risk of cost and time overrun.We have originally scheduled to implement the proposed expansion in thefinancial year 2011-12 from the proceeds of the Issue and internal accruals.Since there has been delay in bringing the proposed public Issue, therehas been cost overrun by 2.05% in our proposed capital expenditure. Wehave to also revise the schedule of implementation. Any further delay inraising of resources from public issue may further delay our proposedprojects and is subject to cost overrun.

6. Our Promoter, Subsidiary Company and certain of our promotergroup entities have incurred losses during recent fiscal years.

GOODWILL HOSPITAL AND RESEARCH CENTRE LIMITED14

Our Promoter, our Subsidiary and some of our Promoter Group entities haveincurred losses in recent fiscal years, details of which are given below:

(` in lakhs)Name of the Company March 31, March 31, March 31,

2011 2010 2009PromoterOjjus Medicare Private Limited (0.08) (0.07) -SubsidiaryOjjus Fidelity Healthcare (20.07) (11.93) (154.07)Private Limited *Promoter GroupHN Properties Private Limited (0.46) - -HP IT Solutions Private Limited (0.17) - -Karina Healthcare Private Limited (80.10) (44.11) (36.02)HPC Finsec Consultancy (5.15) (0.23) -Private LimitedKarina Fincap Limited (2.79) (0.18) -

* Ojjus Fidelity Healthcare Private Limited has not commenced its businessoperations and the pre-operative expenses are being charged to the profit andloss account.7. We have a high Total Debt - Equity ratio of 2.15 and 2.82 based on

the restated standalone and consol idated financial statementsrespectively as on June 30, 2011.We have undertaken major expansions in hospital and purchased advancedmedical equipments and machines within the short span of 3 years. Thesehave been funded through a mix of debt, equity and internal accruals.Further we are undertaking expansion of business in our wholly ownedsubsidiary also through a mix of debt and equity. Consequent to this, ourTotal Debt to Equity Ratio as on June 30, 2011 based on the restatedstandalone and consolidated financial statements is 2.15 and 2.82, whichis on the higher side. Our capacity to service the debt depends on ourcontinued profitability as demonstrated in the past. In case we are not ableto achieve the required growth, due to internal constraints or externalfactors like adverse developments in the industry or introduction of newtechnologies, we may find it difficult to service the debt and this will havean impact on the return to the shareholders.

8. We have not applied for any regulatory approval required forsetting up of diagnostic centre and polyclinics for which the fundsare proposed to be raised through this Issue. Failure to apply forsuch approval or rejection of our application may adversely affectour expansion plans. Further, our Company requires a number ofapprovals, l icenses, registrations and permits for its business(es)and the failure to obtain or renew them in a timely manner mayadversely affect its operations.We have not applied for any regulatory approval required for setting up ofdiagnostic centre and polyclinics for which the funds are proposed to beraised through this Issue. The applications for requisite approvals will bemade after placing the orders for medical equipments & machineries or onreceipt of the same.We require a number of approvals, licenses, registrations and permits forour business(s). Addit ionally, we may need to apply for renewal ofapprovals which expire, from time to time, as and when required in theordinary course. As on date, we have applied for following approval,applications for which are pending for approval:

Authority Granting Nature of approval / Statusapproval StatuteNat ional Accreditat ion Board NABH Accreditat ion Appl ication dated July 06, 2010for Hospital and Healthcare Certif icate submitting the policies required forProviders,Quality Council NABH Accreditation as per the NABHof India Guidelines have been submitted with

the office of Deputy Director, QualityCouncil of India. We have not receivedany correspondence thereafter.

Nat ional Accreditat ion NABL Accredi tation Applicat ion made for the NABLBoard for testing and Certif icate accreditation. The Accreditation OfficerCalibration Laboratories, NABL had issued observations to usDepartment of Science and on the documents submitted. We haveTechnology, Government made the necessary changes as per theof India NABL requi rement and replied vide

our letter dated December 01, 2010.We have not received any responsefrom the Accreditation Officer, NABLon the changes submitted by us.

U.P. Pollut ion Control Section 21 of the Air Applied for renewal on January 11,Board (Prevention & Control of 2011. The approval for the same is

Pol lution) Act, 1981 awai ted.U.P. Pollut ion Control Section 25/26 of the Applied for renewal on January 11,Board Water (Prevention & 2011. The approval for the same is

Cont rol of Pollut ion) awai ted.Act, 1974

U.P. Pollut ion Control Bio-Medical Waste Applied for renewal on January 11,Board (Management & 2011. The approval for the same is

Handling) Rules 1998 awai ted.

Except as above, we do not require any other approval f rom anyGovernment Authorities / Reserve Bank of India for undertaking our businessoperations. Failure to apply for such approval or rejection of our applicationmay adversely affect our expansion plans. For more information, pleaserefer section titled “Government and Other Approvals” on page 164 of theRed Herring Prospectus.Furthermore, the government approvals and licenses are subject to variousconditions. If we fail to comply, or a regulator claims that our Companyhas not complied with these conditions, its business, financial position andoperations would be materially adversely affected.

9. Operations of our hospital, Ojjus Medicare, Noida are subject torisks including disruption in or lack of basic infrastructure suchas electricity, and water supply which could increase our operatingcost or interrupt our business operationWe currently own and operate hospital in Noida under the name ‘OjjusMedicare’. We are exposed to risk including disruptions in infrastructurefacilities such as electricity and water supply which could require us toincur additional cost to the extent that we would be required to findalternative sources of supply of such infrastructural facilities. Further if oursuppliers fail to deliver necessary equipments / medicines or adequatelyperform the services outsourced to them, our services may be disrupted.Any such development could have a material adverse affect on ourbusiness and results of operations.

10. We may be subject to restrictive covenants, including restriction onraising of further capital, under term loans and working capitalfacilities provided to us by our Banker.We have availed of several loans and financial facilities from Bank of India.In respect of various agreements entered into by our Company with ourLender and sanction letters issued by them to us, we are bound by certainrestrictive covenants regarding capital structure and other general restrictivecovenants. The restrictive covenants as imposed by the lenders on ourCompany are as under:• The unsecured loan by the Promoter Group will not be withdrawn

during the currency of advance and shall not go below the level of` 1,600 lakhs.

• All the assets charged to the Bank to be kept fully insured at all timesagainst all risks and original Insurance Cover note / policy in the nameof the Bank a/c borrower firm / company with Bank’s Hypothecationclause to be lodged with the Bank.

• Without prior written permission of the Bank, there should not be anyalteration in the constitution, controlling ownership or any documentrelating to the constitution or material change in the Management or inthe nature of business or operations of the Issuer during the period ofsubsistence of facilities.

• Bank has the right to appoint a nominee Director on the Board tooversee the functioning of the Company.

Further, our immovable properties and Hospital equipments are charged tolenders / Banks as per the terms and conditions of the term loan agreement.For details of the loans availed and assets charged, please refer to sectiontitled “Financial Indebtedness” on page 146 of this Red Herring Prospectus.In compliance with such restrictive covenants, we have obtained theconsent from Bank of India vide its letter dated April 20, 2011 for theproposed issue.

11. We have entered into a number of related party transactions withour Promoter, Subsidiary, Promoter Group entities and Directors,which may involve conflict of interest. Further our Company andour Subsidiary has also taken certain unsecured loans from Promoterand Promoter Group Companies.We have entered into a number of related party transactions with ourPromoter, Subs idiary, Promoter Group enti t ies and D irectors. Suchtransactions or any future transactions with related parties may potentiallyinvolve conflicts of interest and impose certain liabilities on our Company.The summary details of the related party transactions entered by us duringthe financial year ended March 31, 2011 and three months period endedJune 30, 2011 are as under:

GOODWILL HOSPITAL AND RESEARCH CENTRE LIMITED 15

(` in lakhs)Sr. Particulars June 30, March 31,No. 2011 20111 Investment in Subsidiary 184.10 381.852 Unsecured Loan taken 23.00 499.033 Loan given 19.15 86.764 Interest paid 1.84 18.005 Professional Charges - 10.006 Allotment of shares against share - 400.00

application money7 Salary Paid 9.00 11.298 Rent paid 0.75 1.009 Repayment of unsecured loan 151.20 -

Total 389.04 1,407.93For further details on related party transactions, see the section tit led“Standalone Financial Statements - Related Party Transactions” on page109, “Consolidated Financial Statements - Related Party Transactions” onpage 133, “Standalone Financial Statements - Unsecured Loan” on page117 and “Consolidated Financial Statements - Unsecured Loan” on page139 of the Red Herring Prospectus.Further, we and our Subsidiary have taken unsecured loans from ourPromoter and certain Promoter Group Entities. The said unsecured loansdo not carry any interest and are repayable on demand. For further detailsplease refer to standalone and consolidated financial statements undersection titled “Financial Statements - Unsecured Loan” on page 117 and139 and the section titled “Management’s Discussion and Analysis ofFinancial Condition and Results of Operations” on page 147 of the RedHerring Prospectus.

12. Our Company and our Subsidiary have availed unsecured loansfrom our Promoter and / or Promoter Group Entities which are re-payable on demand. Re-payment of these loans, if called at shortnotice, may affect our cash flows adversely to such extent.As per the consolidated restated financial statement as on June 30, 2011,our Company and Subsidiary have unsecured loans aggregating to `4,609.88 lakhs, which are from Promoter and / or Promoter Group Entities.The said loans do not carry any interest and are repayable on demand.However in terms of the condition levied by Bank of India for sanction ofterm loan to our Company, unsecured loan will not be withdrawn duringthe currency of the term loan and shall not go below the level of ` 1,600lakhs. Further, in terms of the condition levied by Punjab National Bankfor sanction of term loan to our Subsidiary, unsecured loan will not bewithdrawn during the currency of the term loan and shall not go below thelevel of ` 2,286 lakhs. For further details please refer to the section titled“Management’s Discussion and Analysis of Financial Condition and Resultsof Operations” on page 147 of the Red Herring Prospectus.

13. Our Promoter, our Subsidiary and one of our Promoter GroupCompanies, i .e. Oj jus Medicare Private Limited, Oj jus Fideli tyHealthcare Private Limited and Karina Healthcare Private Limited,respectively, have objects conflicting with our business.There is common pursuit between our Company and our Promoter, OjjusMedicare Private Limited, and Subsidiary, Ojjus Fidelity Healthcare PrivateLimited as the main objects of our Company, our Promoter and ourSubsidiary are similar in nature. Our Holding Company and SubsidiaryCompany have entered into a Non Compete Agreement dated October 14,2011 with our Company. Our Promoter is presently not engaged in anycommercial activity and has agreed not to offer services currently beingoffered by us. Further, in terms of the aforesaid Non Compete Agreement,our Company will have the first right of refusal for any new businessopportunity. In case we relinquish our right, then Ojjus Fidelity shall havethe first right for such business opportunity. The said Agreement is validfor a period of five years.Further, one of our Promoter Group Companies viz. Karina HealthcarePrivate Limited, have objects similar to that our company and are ofconflicting nature. However, we have entered into Non-Compete Agreementwith it on November 10, 2010 whereby Karina Healthcare Private Limitedhas agreed not to execute any of the services offered by us.For details on the Non-Compete Agreement, please see the chapter titled“History and Certain Corporate Matters” on page 68 of the Red HerringProspectus.

14. In the last three years preceding the date of Red Herring Prospectus,some of the persons comprising part of the Promoter Group of ourCompany had disassociated from several group companies and re-associated with some of them later.In the last three years preceding the date of the Red Herring Prospectus,some of the Persons / entities forming part of our Promoter Group of ourCompany had disassociated from several group companies. Mr. HarvanshChawla, Promoter of Ojjus Medicare Private Limited, disposed off some

of the group companies as these were non operative and could not startany commercial activity. However he again associated with three of thesecompanies namely, Karina Developers Limited, Ojjus Airlines Limited andOjjus Pharmacy Limited to explore new business opportunities. Further, heagain disassociated from these as the purpose for which he associatedagain was not fruitful. He also re-associated with two companies namelyHC Power Projects Private Limited and Conquer Power Projects PrivateLimited as Director and again disassociated with them. For details refer tosection t it led “Our Promoter Group” on page 90 of the Red HerringProspectus.

15. After acquisition of equi ty shares in Ojjus F idelity, the shareapplication money outstanding in the books of Ojjus Fidelity receivedfrom Promoter group Entities was converted into unsecured loanduring the financial year 2010-11. For the purpose of restatementof financial statements, as disclosed in this Red Herring Prospectus,the said share application money is considered as unsecured loanin the financial years prior to financial year 2010-11.After the acquisition of shareholding and control of Ojjus Fidelity by ourCompany, we proposed to re-classify the share application money receivedfrom Ojjus Medicare Private Limited and K R Chawla & Company asUnsecured Loan. Ojjus Medicare Private Limited and K R Chawla &Company, both, gave their consent dated June 10, 2010 for the same andhence the share application money aggregating ` 4,422.14 lakhs outstandingfrom them (i.e. Ojjus Medicare Private Limited and K R Chawla &Company) as on March 31, 2010 was re-classified as unsecured loan inthe financial year 2010-11. For the purpose of restated financial statementsas disclosed in this Red Herring Prospectus, the same is considered asunsecured loan in the financial years prior to financial year 2010-11 also.As per the certificate dated October 15, 2011 received from Mr. UnmeshSinghal (Membership No. 506725), Partner, V R Associates, StatutoryAuditor of Ojjus Fidelity, the retrospective re-classification of share applicationmoney into unsecured loans is not in non-conformity of any AccountingStandard.

16. Our Registered office is not owned by us. If the owner of premisesdoes not renew the lease agreement, our business operation maysuffer disruption. Further we share our registered office premiseswith H N Reacon Private Limited, a Promoter Group Company andwe does not have any rent sharing agreement or demarcation of thepremises and facilities installed therein for use by both the parties.We do not own the premises where our registered office is situated. Weare using the premises licensed to us by one of our Directors, Mr.Harvansh Chawla. Mr. Harvansh Chawla is the lessee of the premisesand authorized to use the premises for the purpose of a firm or professionalcompany where he is a proprietor or director or shareholder as per leaseagreement with owners of the premises. As per agreement dated December01, 2010 executed between us and Mr. Harvansh Chawla, our Companyis authorized to occupy and use the premises as our registered office. Thelease agreements for facilit ies are renewable on mutual consent uponpayment of such rates as stated in these agreements.If the lease agreement of Mr. Harvansh Chawla with the owner of thepremises is not renewed or Mr. Harvansh Chawla does not renew theagreement under which we occupy the premises or renew such agreementson terms and condit ions that are unfavorable to us, we may suffer adisruption in our operations which could have an adverse effect on ourbusiness. For details of said agreement, please refer to section “Historyand Certain Corporate Matters” on page 68 of the Red Herring Prospectus.Further, we share the premises of our registered office with one of ourPromoter Group Company, H N Reacon Private Limited. Neither there isany rent sharing agreement between our Company and H N ReaconPrivate Limited nor there is a demarcation of the premises and facilitiesinstalled therein for use by both the parties.

17. Our Subsidiary, Ojjus Fidelity and five of our Promoter Groupentities, namely HP IT Solutions Private Limited, Karina HealthcarePrivate Limited, HPC Finsec Consultancy Private Limited, KarinaFincap Limited and K R Chawla & Company, share the same officepremises and they do not have any rent sharing agreement ordemarcation of the premises and facilities installed therein for useby the said parties.Our Subsidiary, Ojjus Fidelity, do not own the premises where its registeredoffice is situated. Ojjus Fidelity is using the premises licensed to it by oneof our Directors, Mr. Harvansh Chawla. Mr. Harvansh Chawla is thelessee of the premises and authorized to use the premises for the purposeof a firm or professional company where he is a proprietor or director orshareholder as per lease agreement with owners of the premises.Further, Ojjus Fidelity shares the premises of its registered office with fivePromoter Group Entities, namely HP IT Solutions Private Limited, KarinaHealthcare Private Limited, HPC Finsec Consultancy Private Limited,Karina Fincap Limited and K R Chawla & Company. Neither there is anyrent sharing agreement between Ojjus Fidelity and aforesaid PromoterGroup Entities nor there is a demarcation of the premises and facilitiesinstalled therein for use by the said parties.

18. Our Promoter, Ojjus Medicare Private Limited has not commencedany commercial activities and do not have any employee on itsrol ls.Our Promoter, Ojjus Medicare Private Limited has not commenced any

GOODWILL HOSPITAL AND RESEARCH CENTRE LIMITED16

commercial activit ies and do not have any employee on its rolls. I t isholding investments in our Company and has granted unsecured loans toits subsidiaries and certain Group Companies. Since there were noemployees on the rolls of our Promoter, the e-mail id of Mr. SandeepSinghania, our Whole Time Director, was used by our Promoter for thepurpose of correspondence with the Office of the Registrar of CompaniesNCT Delhi and Haryana. However the same has been discountinued.

19. We have issued Equity Shares in recent past at a price which islower than the Issue Price.We have issued certain Equity Shares to our Promoter, in the recent past,at a price lower than the Issue Price. Details of such issuances are in thetable set out under note no. 4 in the section titled “Capital Structure” onpage 24 of the Red Herring Prospectus.

20. Our ar rangements wi th some of our doctors may give r ise toconflicts of interest and time-allocation constraints and adverselyaffect our operations.Our arrangements with some of the specialty doctors whom we engageas consultants, also permit them to maintain their own private practices,as well as positions at a limited number of other hospitals. Certain of ourmost senior doctors may also maintain positions at local clinics or affiliationswith teaching hospitals. These arrangements may give rise to conflicts ofinterest, including with regard to how these doctors allocate their time andother resources between our hospitals and other clinics or hospitals atwhich they work and where doctors refer patients. Such conflicts mayprevent us from providing a high quality of service at our hospital andadversely affect the level of our patient intake.

21. Our gross income is dependent on inpatient income and occupancyrates, which could decline due to a variety of factors adverselyaffecting our business and results of operation.Our major source of gross income is from inpatient treatments. Growth ininpatient income and increasing or maintaining occupancy rates at ourhospital is highly dependent on wider acceptance in the communities inwhich we operate, our ability to attract and retain well-known and respecteddoctors, our ability to offer the most desired services in the communitiesin which we operate, our ability to develop “super-specialty” practices andour ability to compete effectively with other hospitals and clinics. Growthin inpatient income may also be impaired by the absence of a developedhealth insurance sector in the area we operate, lack of appropriategovernment programs and the small proportion of people in India with healthinsurance. Our inability to increase growth in inpatient treatments oroccupancy rates may adversely affect our bus iness and result s ofoperations.

22. Compliance with applicable safety, health, environmental and othergovernmental regulations may be costly and adversely affect ourcompetitive position and results of operations.We are subject to central and local laws, rules and regulations governing,including for conduct of our operations, additions to facilities and services,adequacy of medical care, quality of medical equipment and services,discharge of pollutants to air and water and handling and disposal of bio-medical, radioactive and other hazardous waste, qualifications of medicaland support personnel, confidentiality, maintenance and security issuesassociated with health-related information and medical records; and screening,stabilization and transfer of patients who have emergency medical conditions.Safety, health and environmental laws and regulations in India are stringentand it is possible that they will become significantly more stringent in thefuture. If we are held to be in violation of such regulatory requirements,including conditions in the permits required for our operations, by courtsor governmental agencies, we may have to pay fines, modify or discontinueour operations, incur additional operating costs or make capital expenditures.Any public interest or class action legal proceedings related to such safety,health or environmental matters could also result in the imposition offinancial or other obligations on us. Any such costs could adversely affectour competitive position and results of operations. For more information onthe regulations applicable to us, see the section t it led “Key IndustryRegulations” on page 64 of this Red Herring Prospectus.

23. We have limited history of operations and our Promoter does nothave past record in running hospitals.We received the Certif icate of Commencement of Business from theRegistrar of Companies NCT Delhi and Haryana on July 14, 2000. Theconstruction of the hospital was commenced in the year 2002 and westarted free medical checkup at the site to promote the business ofupcoming hospital. Later on, medical consultancy services on small scalewere provided to patients. The hospital started the inpatient department infinancial year 2004-05. It was only in December 2007, when our presentPromoter took over the control and management of our Company andthereafter increased the scale of operations with addition of various highend medical equipments with specialization in treatment of critical ailments.As a result we have a limited history of operations upon which you canevaluate us or our prospects. Further our Promoter, Ojjus Medicare PrivateLimited and its Promoter do not possess past experience in running hospitalor medical facilities.

24. Majority of our Director do not have prior experience in the Hospitaland Healthcare Industry.The Directors on our Board have a varied experience in different fields and

Industry. However except Mr. Amanveer Singh, who has past experiencein the Healthcare Industry and Mr. Harvansh Chawla and Mr. SandeepSinghania, who are on the Board of our Company since April 14, 2008and December 01, 2006 respectively, all other Directors do not have priorexperience in the Hospital and Healthcare Industry. The lack of relevantexperience in the Hospital and Healthcare Industry may affect our policymaking decision and the operations of our Company. For details regardingexperience of our Directors, refer to Chapter titled “Our Management” onpage 74 of the Red Herring Prospectus.

25. We are highly dependent on our doctors, nurses and other healthcareprofessionals, as well as other key personnel, and the loss of, orinability to attract or retain, such persons could adversely affect ourbusiness and results of operations.Our per formance and the execution of our growth strategy dependsubstantially on our ability to attract and retain leading doctors and otherhealthcare professionals We compete for these personnel with other healthcareproviders.The market for doctors is highly competitive and there is a general shortageof doctors in India. The factors that doctors consider important before decidingwhere they will work include the level of compensation, the reputation ofthe hospital and its owner, the quality of the facilities, research opportunitiesand community relations. We may not compare favorably with other healthcareproviders on these factors. Many of these healthcare professionals are well-known personalities in their fields and regions with large patient bases andreferral networks, and it may be difficult to negotiate favorable terms andarrangements with them. Our performance also depends on our ability toidentify, attract and retain other healthcare professionals, including nurses, tosupport the multi-specialty and super-specialty practices at our hospital. Inparticular, the worldwide nursing shortage may make it difficult for us toattract and retain nurses who may choose to pursue similar opportunitiesabroad and may also cause salaries and wages for nurses to rise.If we are unable to attract or retain doctors or other medical personnel asrequired, we may not be able to maintain the quality of our services andwe could be forced to admit fewer patients to our hospitals. We are alsohighly dependent on members of our senior management team to manageour current operations and meet future business challenges.

26. Our ability to pay dividends in the future will depend upon futureearnings, financial condition, cash f lows, working capitalrequirements and capital expenditures.Our company has not declared any dividend during the preceding f ivefinancial years. The amount of our future dividend payments, if any, willdepend upon our future earnings, financial condition, cash flows, workingcapital requirements and capital expenditures. There can be no assurancethat we will be able to pay dividends.

27. The trademark “Ojjus Medicare and logo being used is not ownedby us. If the licence to use is withdrawn by the owner, it may affectour business.Our intellectual property consists mainly of our rights to use “Ojjus Medicare”name and logo. We do not own any trademark for our name, logo orslogans. One of our Directors, Mr. Harvansh Chawla has filed applicationsfor registration of aforesaid name and logo in his name. Our Company hasbeen licensed by Mr. Harvansh Chawla to use the trademark “OjjusMedicare” in connection with our healthcare business.

28. We face the risk of potential liabilities from lawsuits or claims bycustomers.We face the risk of legal proceedings and claims being brought against usby our patients / customers for any deficiency in our services or anydefective product sold to them. We could face liabilities should our patients/ customers face any loss or damage.

29. Our Promoter may have the ability to determine the outcome of anyshareholder resolution.Our Promoter Group will continue to be the largest shareholders, holding[•]% of equity capital of our company after the Issue assuming fullexercise of warrants. As significant shareholder, our Promoter may haveinterests which may affect the interests of shareholders and /or our interestsand may have the ability to determine the outcome of any shareholderresolution.

30. An active market for the Equity shares and Warrant may not developwhich may cause the price of the equity shares and warrants to falland may limit investor’s abil ity to sell the Equity Shares andWarrants.The Equity Shares and Warrants are new issues of securities for whichthere is currently no trading market. Applications have been made to theBSE and NSE for the Equity Shares and Warrants to be admitted to tradingon the BSE and NSE. No assurance can be given that an active tradingmarket for the equity shares and Warrants will develop or as to the liquidityor sustainability of any such market, the ability of the holders of the EquityShares and Warrants to sell their Equity Shares and Warrants or the priceat which share holders will be able to sell their Equity Shares and Warrantsif an active market for the Equity Shares fail and Warrants to develop orbe sustain, the Trading price of the Equity Shares and Warrants could fall.I f an active trading market were to develop, the Equity Shares andWarrants could trade at price that could be lower than the original Equityprice of the issue.

GOODWILL HOSPITAL AND RESEARCH CENTRE LIMITED 17

31. The Public Issue is of equity shares aggregating to ` 6,200 lakhsalong with one Detachable Warrant per Equity Share. If the warrantholder does not exercise his option to convert the warrant intoequity share during the warrant exercise period, the same will lapseand our Company may not be able to raise funds on such lapsedwarrants. This may adversely affect the cash flows and growth ofour business.For each equity share offered and allotted under this Issue, the allottee willreceive one Detachable Warrant convertible into one equity share of ourCompany upon exercise. The Warrant holder can apply for allotment ofequity shares of our Company within the Warrant Exercise Period. TheWarrants can be freely and separately traded till the same are tenderedfor exercise. The warrant exercise price shall be an amount that is at adiscount of 20% to the then prevailing market price of the equity sharesof our Company at the time of exercise of warrants. If the warrant holderdoes not exercise his option to convert the warrant into equity share duringthe warrant exercise period, the same will lapse and our Company maynot be able to raise funds on such lapsed warrants. This may adverselyaffect the cash flows and growth of our business.

32. There will not be any adjustment in the number of equity sharesto be issued upon exercise of warrants in the event of a rights issueby our Company during the tenure of Warrants and this may resultin dilution of your shareholding after such rights issue.In case our Company decides to raise funds through a rights issue ofequity shares during the tenure of the warrants, no adjustment would bemade in the share entitlement on warrants and there would also not beany reservations for warrant holders in the rights issue which may resultin dilution of the holding of warrant holders.

Industry Specific Risks1. We operate in a fragmented industry and face increasing competition

from other hospitals and healthcare providers, which may haveadverse effects on our competitive position and results of operations.We compete with government owned hospitals, other private hospitals,smaller clinics, hospitals owned or operated by non-profit and charitableorganizations and hospitals affiliated with medical colleges. We will alsohave to compete with any future healthcare facilities in the region in whichwe operate. Moreover, some of these competitors may be more establishedand have greater financial, personnel and other resources than our hospital.In particular, our competitors include hospitals owned or managed bygovernment agencies and trusts, which may be able to obtain financingor make expenditures on more favorable terms than private hospitalsowned and managed by for-profit interests, such as ourselves. In addition,even in situations where one of our hospital is the dominant or soleprovider of healthcare in a region, patients may yet favor other hospitals.New or existing competitors may price their services at a signif icantdiscount to ours or offer greater convenience or better services or amenitiesthan we provide. Smaller hospitals, stand-alone clinics and other hospitalsmay exert pricing pressures on some or all of our services and alsocompete with us for doctors and other medical professionals. If we areforced to reduce the price of our services or are unable to attract patientsand doctors and other healthcare professionals to our hospitals, our businessand financial results may be adversely affected. For further details, seethe section titled “Our Business - Competition” on page 60 of this RedHerring Prospectus.

2. Any changes in the regulatory framework could adversely affect ouroperations and growth prospectsWe are subject to various regulations and policies. For details see sectiontitled “Key Industry Regulations” on page 64 of this Red Herring Prospectus.Our business and prospects could be materially adversely affected bychanges in any of these regulations and policies, including the introductionof new laws, policies or regulations or changes in the interpretation orapplication of existing laws, policies and regulations. There can be noassurance that we will succeed in obtaining all requisite regulatory approvalsin the future for our operations or that compliance issues will not be raisedin respect of our operations, either of which could have a material adverseaffect on our business, financial condition and results of operations.For other risk factors refer to page X of the RHP.

PARTICULARS OF THE ISSUEObjects of the Issue and Means of FinancingThe total estimated funds requirement is given below:

Particulars Amount (` lakhs)Setting up of Diagnostic Centre at Faridabad 1,621.67Establishment of Polyclinics 3,396.78Repayment / Prepayment of loan facilities 1,000.00General Corporate Purposes# [•]

Expenses for the Issue# [•]

Total [•]

# will be incorporated at the time of filing of Prospectus

The fund requirement and deployment is based on our management estimatesand vendor quotations and has not been appraised by any bank or financialinstitution or any other independent agencies. The fund requirement above isbased on our current business plan.We operate in a highly competitive, dynamic market condition, and may haveto revise our business plan from time to time. Consequently, our fund requirementsand utilization of proceeds may also change accordingly. Any such change inour plans may require rescheduling of our expenditure programs, at thediscretion of our management, subject to the necessary approvals, and suchrescheduling, if any, shall be within the objects of the Issue.Means of FinanceThe details of the means of finance are provided below:

Particulars Amount (` lakhs)Proceeds of the Issue 6,200.00Internal accruals# [•]

# will be incorporated at the time of filing of Prospectus.In case of any shortfall of the Proceeds of the Issue for the Objects or costoverruns, such shortfall will be met by way of such means available to ourCompany including internal accruals. In case of any surplus after utilization ofthe proceeds of the issue for the stated objects, we may use such surplustowards general corporate purposes. In case of variations in the actual utilizationof funds earmarked for the purposes mentioned above, increase fund requirementsfor a particular purpose may be financed by surplus finds, if any, available inrespect of the other purposes for which funds are being raised in this issue.The proceeds to be received by our Company on conversion of warrants, ifany, will be utilized by us towards augmenting long term working capital andexpansion of our business operations.Estimated Schedule of Deployment of FundsAs estimated by our management, the entire proceeds from the Issue wouldbe utilized as under:

(` In lakhs)

Particulars Funds Al ready Deployed FY 2011- 12 FY 2012- 13 To t a l(ti ll October 31, 2011)

Setting up of Diagnost ic Centre at - 1 , 4 1 5 . 0 0 2 0 6 . 6 7 1,621.67F ar i d ab a dEstabl ishment of Polyc l in ics - 3 , 3 9 6 . 7 8 - 3,396.78Repayment / Prepayment of loan - 1 , 0 0 0 . 0 0 - 1,000.00f ac i l i t ie s

General Corporate Purposes - [•] [•] [•]

Expenses for the Issue 3 3 . 6 9 [•] [•] [•]

To t a l 33.69 [ • ] [ • ] [ • ]

AppraisalThe funds requirement and funding plans are our own estimates and have notbeen appraised by any Bank / Financial Institution.Monitoring of Utilization of FundsThere is no requirement for appointment of an independent monitoring agencyin terms of Regulation 16(1) of the SEBI ICDR Regulations. Pursuant to Clause49 of the listing agreement, the Audit Committee of our Board will monitor theutilization of the proceeds of the Issue.We shall, on a quarterly basis disclose to the Audit Committee the uses andapplication of the proceeds of the Issue and further disclose the same a partof the quarterly declaration of financial results. We will disclose the utilizationof the proceeds of the Issue under a separate head in our balance sheet tillsuch time the proceeds of the Issue have been utilised, clearly specifying thepurpose for which such proceeds have been utilized. We will also, in ourbalance sheet till such time the proceeds of the Issue have been utilised,provide details, if any, in relation to all such proceeds of the Issue that havenot been utilized thereby also indicating investments, if any, of such unutilizedproceeds of the Issue. The said annual disclosure shall also be certified bythe Statutory Auditors of our Company.

BASIS OF ISSUE PRICEQualitative FactorsOur following strengths help us to complete successfully in our industry:• Experienced Team of Skilled doctors• Quality patient care• Specialty focusQuantitative FactorsInformation presented in this section is derived from our company’s restatedfinancial statements prepared in accordance with Indian GAAP. The quantitative

GOODWILL HOSPITAL AND RESEARCH CENTRE LIMITED18

(Standalone)Name of the Company Fa ce To t a l EPS (` ) P/ E R O N W N A V

Value (` ) i n co m e % (` )(` in l akhs)

Goodwi ll Hospital and ResearchCentre Limited (As on March 31, 2011)* 1 0 5 , 3 5 8 . 3 0 1 9 . 9 2 [•] 4 8 . 4 9 3 6 . 4 9Fortis Malar Hospi ta ls L imi ted 1 0 8 , 3 6 9 . 4 9 2 . 9 2 1 1 . 4 7 2 0 . 9 0 1 3 . 9 1Kovai Medical Centre & Hospital Limited 1 0 1 7 , 59 5 . 3 0 1 1 . 0 5 1 0 . 9 5 2 3 . 8 3 4 6 . 3 8Regency Hospi tal L imi ted 1 0 5 , 2 2 0 . 4 1 2 . 3 9 1 9 . 3 7 8 . 7 8 2 7 . 1 8

EPS, RONW and NAV have been calculated from the annual report of the peergroup for the financial year ended March 31, 2011. (For calculation of Networth of peer group, revaluation reserve has been excluded).* EPS, return on net worth and book value per share have been calculatedfrom standalone restated f inancial statements.PE is calculated based on the standalone EPS for the financial year endedMarch 31, 2011 and the Market Price of peer group Company as on November10, 2011 on Bombay Stock Exchange Limited (www.bseindia.com).(Consolidated)

Name of the Company Fa ce To t a l EPS (` ) P/ E R O N W N A VValue (` ) i n co m e % (` )

(` in l akhs)Goodwi ll Hospital and ResearchCentre Limited (As on March 31, 2011)* 1 0 5 , 3 5 8 . 3 0 1 9 . 6 5 [•] 4 8 . 1 6 3 6 . 2 6Fortis Malar Hospi ta ls L imi ted 1 0 8 , 3 6 9 . 4 9 2 . 9 3 1 1 . 4 4 2 1 . 0 3 1 3 . 9 2Kovai Medical Centre & Hospital Limited 1 0 1 7 , 56 5 . 3 0 1 1 . 0 6 1 0 . 9 4 2 3 . 9 7 4 6 . 1 3Regency Hospi tal L imi ted 1 0 5 , 2 2 0 . 4 1 2 . 3 9 1 9 . 3 7 8 . 7 8 2 7 . 1 8

EPS, RONW and NAV have been calculated from the annual report of the peergroup for the financial year ended March 31, 2011. (For calculation of Networth of peer group, revaluation reserve has been excluded).* EPS, return on net worth and book value per share have been calculatedfrom Consolidated restated f inancial statements.PE is calculated based on the consolidated EPS for the financial year endedMarch 31, 2011 and the Market Price of peer group company as on November10, 2011 on Bombay Stock Exchange Limited (www.bseindia.com). Forcompanies which do not have subsidiaries, their standalone results have beentaken as consolidated results also.For details on calculation of ratios of our Company, refer to the section titled“Standalone Financial Statements - Statement of Accounting Ratios” and“Consolidated Financial Statements - Statement of Accounting Ratios” on page120 and 142 of the Red Herring Prospectus.Investors are advised to refer to the Issue Advertisement to be issued fordeclaration of Issue Price atleast two working days before opening of the Issueor download the Red Herring Prospectus from the website of the Bombay StockExchange Limited (www.bseindia.com), National Stock Exchange of IndiaLimited (www.nseindia.com), Issuer Company (www.ojjus.org) and BookRunning Lead Manager (www.spacapital.com) or contact to the SyndicateMembers or the Bankers to the Issue for Issue Price related Quantitative factors.

OTHER REGULATORY AND STATUTORY DISCLOSURESIPO GradingThis issue has been graded by CARE Limited and has been assigned CAREIPO Grade 3 indicating average fundamentals. The IPO Grading is assignedon a 5 point scale from 1 to 5 with Grade 5 indicating strong fundamentals andGrade 1 indicating poor fundamentals. CARE IPO Grading is an opinion on therelative assessment of the fundamentals of the Issuer.For details in relation to report of grading agency please refer to “Annexure”on page 227 of the Red Herring Prospectus.Summary of the Grading rationale furnished by CARE“The Grading reflects GHRC’s consistent growth in the operations over theyears, improving operating parameters of the hospital and high profitabilitymargins due to the specialized facilities in the niche segments viz GammaKnife Surgery. The Grading also takes into account the strength derived fromthe entrepreneurial experience of the promoters, experienced senior managementand favorable industry scenario.The grading, however, is constrained by the limited experience of the promotersin managing multi-specialty hospital and small scale of operations. Further, thegrading also takes into consideration the intense competition in the healthcareindustry in NCR and Delhi region.”Tax Benefits StatementThere is no special tax benefit available to the Issuer Company. For detailsof general tax benefits available, refer to the chapter titled “Statement of TaxBenefits” on page 41 of the Red Herring Prospectus.

factors, which form the basis for computing the price, are as follows:1. Weighted average Earning Per Share (Basic & Diluted)

(a) StandalonePer iod EPS (` ) WeightYear ended March 31, 2009 4.79 1Year ended March 31, 2010 5.50 2Year ended March 31, 2011 19.92 3Weighted Average EPS 12.60(b) ConsolidatedPer iod EPS (` ) WeightYear ended March 31, 2010 5.50 1Year ended March 31, 2011 19.65 2Weighted Average EPS 14.93

The EPS based on restated standalone and consolidated financial statementsfor the three months ended June 30, 2011 is ` 5.15 and ` 4.81 respectively.The weighted average EPS has been calculated in accordance with AccountingStandard after adjustment for increase in share capital. For details regardingcalculation of EPS, refer to “Statement of Accounting Ratios” on page 120 and142 of the Red Herring Prospectus.2. Price Earning (P/E) ratio in relation to Issue Price of ` [•] per

share of ` 10 eachAt the lower At the upperBand of ` [•] Band of ` [•]

a) (i) Based on weighted average EPS (standalone) [•] [•](ii) Based on weighted average EPS (consolidated) [•] [•]

b) (i) Based on EPS as on March 31, 2011 (standalone) [•] [•](ii) Based on EPS as on March 31, 2011 (consolidated) [•] [•]

c) Industry PE Multiple:Highest (Fortis Healthcare Limited) 43. 30Lowest (Kovai Medical Centre and Hospital Limited) 9.00Average 32. 30

Source: Capital Market Vol. XXVI/18 October 31 - November 13, 2011,Industry: Healthcare

3. Return on Net Worth(a) Standalone

Year RONW% WeightYear ended March 31, 2009 20.77 1Year ended March 31, 2010 20.77 2Year ended March 31, 2011 48.49 3Weighted Average 34.64

(b) ConsolidatedYear RONW% WeightYear ended March 31, 2010 20.77 1Year ended March 31, 2011 48.16 2Weighted Average 39.03

Return on Net Worth based on the restated standalone and consolidated financialstatements for the three months period ended June 30, 2011 is 12.37% and11.71%.Minimum Return on total Net Worth after issue needed to maintain pre-issueEPS (standalone) of ` 19.92 is [•]%. Minimum Return on total Net Worth afterissue needed to maintain pre-issue EPS (consolidated) of ` 19.65 is [•]%.4. Net Asset Value per Equity Share

Particulars Amount (` )Issue Price [•]StandaloneAs on March 31, 2011 36.49As on June 30, 2011 41.64After the Issue [•]ConsolidatedAs on March 31, 2011 36.26As on June 30, 2011 41.07After the Issue [•]

5. The accounting ratios of selected companies in the Peer Group

GOODWILL HOSPITAL AND RESEARCH CENTRE LIMITED 19

Authority for the IssueThis Issue has been authorised by the Board of Directors and special resolutionpassed pursuant to section 81(1A) of the Companies Act, at the extra ordinarygeneral meeting of the shareholders of our Company, in their meeting held onDecember 20, 2010 and December 23, 2010 respectively.Eligibility of the IssueWe are eligible for this issue under Regulation 26(1) of the SEBI ICDRRegulations. For details refer to the Chapter tit led “Other Regulatory andStatutory Disclosures” on page 168 of the Red Herring Prospectus.Expert OpinionExcept as stated (a) in the section titled “Financial Statements” on page 100,(b) the “Statement of Tax Benefits” appearing on page 41 and (c) the report

provided by CARE, IPO Grading Agency and given in Annexure on page 227furnishing the rationale for its IPO Grading, we have not obtained any otherexpert opinion.Material Contracts and Documents for InspectionOur Company has entered into certain contracts (not being contracts enteredinto in the ordinary course of business carried on by our Company or enteredinto more than two years before the date of this Red Herring Prospectus), whichare or may be deemed material. These contracts and also the documents forinspection referred to in the red Herring Prospectus, may be inspected at theRegistered Office of our Company situated at 705, Kailash Building, 26,Kasturba Gandhi Marg, New Delhi – 110 001 from 10.00 a.m. to 02.00 p.m.on working days from the date of the filing of this Red Herring Prospectus. Fordetails of the material contracts and documents available for inspection refer topage 224 of the Red Herring Prospectus

Disclosure of Price Information of Past Issues handled by Book Running Lead ManagerSr. Issue size Issue price Listing date Opening Closing % Change Benchmark Closing Benchmark Closing Benchmark Closing BenchmarkNo. Issue Name (` Cr.) (` ) price on price on in Price index on price as index as price as index as price as index as

listing listing on listing listing date on 10th on 10th on 20th on 20th on 30th on 30thdate date date (Closing) calendar calendar calendar calendar calendar calendar( ` ) ( ` ) (Closing) day from day from day from day from day from day from

vs. Issue listing listing listing listing listing listingPrice day (`) day day (`) day day (`) day

(Closing) (Closing) (Closing)Financial Year 2011-12

1 SRS Limi ted 2 0 3 . 0 0 5 8 . 0 0 1 6 / 0 9 / 2 0 1 1 6 8 . 0 0 3 3 . 2 5 ( 42 .6 7) % 5 0 8 4 . 2 5 3 3 . 8 5 4 8 3 5 . 4 0 3 0 . 1 0 4 7 5 1 . 3 0 3 5 . 6 0 5 1 3 2 . 3 0Financia l Year 2010-11

1 Cantabil Retai l 1 0 5 . 0 0 1 3 5 . 0 0 1 2 / 1 0 / 2 0 1 0 1 1 4 . 7 0 1 0 5 . 0 0 ( 22 .2 2) % 6 0 9 0 . 9 0 9 2 . 9 5 6 0 6 6 . 0 5 7 0 . 9 0 6 1 1 7 . 5 5 7 4 . 1 5 6 1 9 4 . 2 5India Limited 1

2 Parabolic Drugs 2 0 0 . 0 0 7 5 . 0 0 0 1 / 0 7 / 2 0 1 0 7 5 . 0 0 6 4 . 8 5 ( 13 .5 3) % 5 2 5 1 . 4 0 6 0 . 1 5 5 3 5 2 . 4 5 6 1 . 7 0 5 3 9 9 . 3 5 5 4 . 4 0 5 3 6 7 . 6 0L i m i t e d

Financia l Year 2009-101 Inf in ite Computer 1 8 9 . 8 0 1 6 5 . 0 0 0 3 / 0 2 / 2 0 1 0 1 7 0 . 0 0 1 9 1 . 8 0 1 6 . 2 4 % 4 9 3 1 . 8 5 2 0 5 . 9 0 4 8 2 6 . 8 5 2 0 3 . 3 5 4 8 7 0 . 0 5 1 9 9 . 5 5 5 0 8 8 . 7 0

Solution (India) Limited1 SPA Merchant Bankers Limited was responsible for finalization of Issue Price only in the Initial Public Offering by Cantabil Retail India Limited.Summary Statement of Disclosure

Fiscal Year Total Total No. of IPOs trading at No. of IPOs trading at No. of IPOs trading at No. of IPOs trading atNo. of Funds discount on listing date premium on listing date discount as on 30th premium as on 30thIPOs Raised calendar day from listing day calendar day from

(` Cr.) listing dayOver Between Less Over Between Less Over Between Less Over Between Less50% 25-50% than 50% 25-50% than 50% 25-50% than 50% 25-50% than

25% 25% 25% 25%2011-12 1 203.00 - 1 - - - - - 1 - - - -2010-11 2 305.00 - - 2 - - - - 2 - - - -2009-10 1 189.80 - - - - - 1 - - - - - 1

Note: (a) In case the 10th, 20th or 30th calendar day from the date of listing is a holiday, the share price and benchmark index is taken for the day immediatelybefore such trading day.

(b) S&P CNX Nifty has been considered as the benchmark index.

SECTION II: OFFERING INFORMATIONBook Building ProcedureThe Issue is being made through the Book Building Process wherein not morethan 50% of the Issue shall be allocated to QIBs on a proportionate basis. 5%of the QIB Portion shall be available for allocation on a proportionate basis toMutual Funds only. The remaining QIB Portion shall be available for allotmenton a proportionate basis to Qualified Institutional Buyers including Mutual Funds,subject to valid bids being received from them at or above the Issue Price.Further, not less than 15% of the Issue would be allocated to Non-InstitutionalBidders and not less than 35% of the Issue would be allocated to RetailIndividual Bidders on a proportionate basis, subject to valid bids being receivedfrom them at or above the Issue Price.Under subscription, if any, in any category would be met with spill-over fromother categories or a combination of categories in accordance with applicablelaws, regulations and guidelines. Investors may note that in case of over-subscription in the Issue, allotment to QIB Bidders, Non-Institutional Bidders andRetail Individual Bidders shall be on a proportionate basis.All QIB Bidders and Non Institutional Bidders shall compulsorily applythrough ASBA process. Retail Bidders have an option participate in thisIssue through the ASBA process. Any Bidder part icipating in this Issuethrough the ASBA process should provide the details of their respective bankaccounts in which the corresponding Bid amounts will be blocked by SCSBs.Bidders / Investors can bid under this Issue in the following manner:

Category of Bidder / Investor Mode of applicationASBA process Non ASBA process

QIB Bidder

Non Institutional Bidders

Retail Individual Bidders

All Bidders, other than ASBA Bidders are required to submit their Bids throughthe members of Syndicate or their sub-syndicate members. ASBA Bidders maysubmit their Bids through the members of Syndicate or their sub-syndicatemembers or directly to the SCSBs.Bidding of ASBA Forms by Syndicate / Sub syndicate membersSEBI has permitted Syndicate / Sub syndicate members to procure ASBA Bidcum application forms from the investors, upload the bid and other relevantdetails of such ASBA forms in the biding platform of the Stock Exchange(s)and thereafter forward the ASBA Bid cum application form to the SCSBs.SCSBs shall carry our further action for the ASBA bid cum application formssuch as signature verification, blocking of funds and forward the forms to theRegistrar to the Issue.In specified cities, the ASBA Bidders can also submit their bids through theSyndicate / Sub syndicate members (hereinafter referred to as “Syndicate”).The SCSBs shall specify at lease one Branch in above cit ies where theSyndicate can submit the ASBA Bid cum application forms after Bidding. Thelist of such branch is available on the website of SEBI (www.sebi.gov.in).

GOODWILL HOSPITAL AND RESEARCH CENTRE LIMITED20

• Scientific and/or industrial research organisations authorised to invest inequity shares;

• Insurance Companies registered with Insurance Regulatory and DevelopmentAuthority;

• Provident Funds with a minimum corpus of ` 2,500 lakhs and who areauthorised under their constitution to hold and invest in equity shares;

• Pension Funds with a minimum corpus of ` 2,500 lakhs and who areauthorised under their constitution to hold and invest in equity shares;

• National Investment Fund;• Insurance funds set up and managed by army, navy or air force of the

Union of India;• Multilateral and Bilateral Development Financial Institutions; and• Insurance funds set up and managed by the Department of Posts, IndiaNote: As per existing regulations, OCBs cannot participate in the Issue.Bidders are advised to ensure that any single Bid from them does notexceed the investment limits or maximum number of Equity Shares andWarrants that can be held by them under applicable law.Participation by associates of the BRLM and the Syndicate MembersThe BRLM and the Syndicate Members shall not be entitled to subscribe tothis Issue in any manner except towards fulfilling their underwriting obligations.However, associates and affiliates of the BRLM and the Syndicate Membersare entitled to subscribe for Equity Shares and Warrants in the Issue, includingin the QIB Portion and Non-Institutional Portion where the allocation is on aproportionate basis. Such Bidding and subscription may be on their ownaccount or on behalf of their clients.Bids by Mutual FundsAs per the SEBI ICDR Regulations, 5% of the QIB Portion has been specificallyreserved for Mutual Funds on a proportionate basis. An eligible Bid by a MutualFund in the Mutual Fund Port ion shall f irst be considered for allocationproportionately in the Mutual Fund Portion. In the event demand in the MutualFund Portion is greater than 5% of the QIB Portion, allocation shall be madeto Mutual Funds proportionately, to the extent of the Mutual Fund Portion. Theremaining demand by Mutual Funds shall be available for a llocationproportionately, after excluding the allocation in the Mutual Fund Portion, in theQIB Portion.As per the current regulations, the following restrictions are applicablefor investments by mutual funds:No Mutual Fund scheme shall invest more than 10% of its net asset value in equityshares or equity related instruments of any company provided that the limit of 10%shall not be applicable for investments in index funds or sector or industry specificfunds. No Mutual Fund under all its schemes should own over 10% of anycompany’s paid-up share capital carrying voting rights.The Bids made by asset management companies or custodians of Mutual Fundsshall clearly indicate the name of the concerned scheme for which application isbeing made.Multiple applicationsIn case of a Mutual Fund, a separate Bid can be made in respect of each schemeof the Mutual Fund registered with SEBI and such Bids in respect of more than onescheme of the Mutual Fund will not be treated as multiple Bids provided that theBids clearly indicate the scheme concerned for which the Bid has been made.Bids by Non Residents including Eligible NRIs and FIIs on a repatriationbasisThere is no reservation for Eligible NRIs or FIIs or FVCIs registered with SEBI.Such Eligible NRIs, FIIs and FVCIs registered with SEBI will be treated on thesame basis as other categories for the purpose of allocation.Bids by Eligible NRIs1. Bid cum Application Forms for Eligible NRIs (Blue in colour) will be

available at our Registered Office (at 705, Kailash Building, 26 KasturbaGandhi Marg, New Delhi - 110 001) and with the members of theSyndicate.

2. Only such applications as are accompanied by payment in freely convertibleforeign exchange shall be considered for Allotment. Eligible NRIs whointend to make payment through Non Resident Ordinary (“NRO”) accountsor by debits to their Non-Resident External (“NRE”) or Foreign CurrencyNon-Resident (“FCNR”) accounts should use the application form meantfor Resident Indians (White in color).

Bids by Eligible NRIs for a Bid Amount of up to ` 2,00,000 would be consideredunder the Retail Portion for the purposes of allocation and Bids for a Bid Amountof more than ` 2,00,000 would be considered under Non-Institutional Portionfor the purposes of allocation.Bids by FIIsAs per the current regulations, the following restrictions are applicable for investmentsby FIIs:The Issue of Equity Shares to a single FII should not exceed 10% of our post-Issue issued capital (i.e. 10% of [•] Equity Shares). In respect of an FIIinvesting in our Equity Shares on behalf of its sub-accounts, the investmenton behalf of each sub-account shall not exceed 10% of our total issued capitalor 5% of our total issued capital in case such sub-account is a foreign corporateor an individual. With the approval of the board and the shareholders by wayof a special resolution, the aggregate FII holding in our Company can go upto 100%.

AT ALL OTHER PLACES (EXCEPT SPECIFIED CITIES), ASBA BID CUMAPPLICATION FORMS SHOULD BE SUBMITTED WITH THE DESIGNATEDBRANCHES OF SCSBs ONLY.In respect of ASBA Bid cum application forms accepted by Syndicate / Sub-syndicate members and submitted with the specified Branches of SCSBs, wewill pay an amount of ` 10 (Rupees ten only) per ASBA Bid cum applicationform to SCSBs as processing fees for such application.Investors should note that Allotment of Equity Shares and Warrants toall successful Bidders will be only in the dematerialised form. The Bidcum Application Forms which do not have the details of the Bidders’depository accounts shall be treated as incomplete and rejected. Bidderswill not have the option of being allotted Equity Shares and Warrantsin physical form. The Equity Shares and Warrants on allotment shallbe traded only on the dematerialised segment of the Stock Exchanges.Bid cum Application FormBidders shall use only the specified Bid cum Application Form bearing thestamp of a member of the Syndicate for the purpose of making a Bid in termsof the Red Herring Prospectus. Before being issued to Bidders, the Bid cumApplication Form (except in relation to ASBA Bidders) shall be serially numberedand the date and time shall be stamped at the Bidding centres and such formshall be signed by the Bidder and countersigned by the relevant member ofthe Syndicate. ASBA Bidders shall submit the ASBA Bid cum Application Formeither in physical or electronic form (through the internet banking facilityavailable with the SCSBs or such other electronically enabled mechanism forBidding) to the members of Syndicate or their sub-syndicate members or theSCSB authorizing blocking of funds that are available in the bank accountspecified in the ASBA Bid cum Application Form used by ASBA Bidders.The Bid cum Application Form shall contain information about the Bidder andthe price and number of Equity Shares that the Bidder wishes to Bid for. Biddersshall have the option to make a maximum of three Bids in the Bid cumApplication Form and such options shall not be considered multiple Bids.On the allocation of Equity Shares and Warrants, dispatch of the CAN and filingof the Prospectus with the RoC, the Bid cum Application Form shall be treatedas a valid application form. Upon completion and submission of the Bid cumApplication Form to a member of the Syndicate or SCSB, as the case maybe, the Bidder shall be deemed to have authorised our Company to make thenecessary changes in the Red Herring Prospectus and the Bid cum ApplicationForm as would be required under the SEBI ICDR Regulations and otherapplicable laws, for filing the Prospectus with the RoC and as would berequired by SEBI and/or the RoC after such filing, without prior or subsequentnotice of such changes to the Bidder.The prescribed colour of the Bid cum Application Form for the various categoriesis as follows:

Category Colour of Bid cumApplication Form

Resident Bidders including Eligible NRIs applying on Whi tea non-repatr iation basisNon-Resident Bidders including Eligible NRIs, B lueFVCIs and FIIs applying on a repatriation basis

Who can Bid?• Indian nationals resident in India who are not minors (except minors

applying through Guardian) in single or joint names (not more than three);• Hindu Undivided Families or HUFs, in the individual name of the Karta.

The Bidder should specify that the Bid is being made in the name of theHUF in the Bid cum Application Form as follows: “Name of Sole or FirstBidder: XYZ Hindu Undivided Family applying through XYZ, where XYZis the name of the Karta”. Bids by HUFs would be considered at par withthose from individuals;

• Companies, corporate bodies and societies registered under the applicablelaws in India and authorised to invest in equity shares;

• Mutual Funds registered with SEBI;• Eligible NRIs on a repatriation basis or on a non repatriation basis subject

to applicable laws. NRIs other than eligible NRIs are not eligible toparticipate in this Issue;

• Indian financial institutions, commercial banks (excluding foreign banks),regional rural banks, co-operative banks (subject to RBI regulations andthe SEBI ICDR Regulations and other laws, as applicable);

• FIIs and sub-accounts registered with SEBI, other than a sub-accountwhich is a foreign corporate or foreign individual, under the QIB Portion;

• Sub-accounts of FIIs registered with SEBI, which are foreign corporates orforeign individuals only under the Non-Institutional Bidders category.

• Venture capital funds registered with SEBI;• Foreign Venture Capital Investors registered with SEBI;• State Industrial Development Corporations;• Trusts/societies registered under the Societies Registration Act, 1860, as

amended, or under any other law relating to trusts/societies and who areauthorised under their respective constitutions to hold and invest in equityshares;

GOODWILL HOSPITAL AND RESEARCH CENTRE LIMITED 21

Subject to compliance with all applicable Indian laws, rules, regulations guidelinesand approvals in terms of regulation 15A(1) of the Securities and ExchangeBoard of India (Foreign Institutional Investors) Regulations 1995, as amended(the “SEBI FII Regulations”), an FII, as defined in the SEBI FII Regulations,may issue, deal or hold, off shore derivative instruments (defined under theSEBI FII Regulations as any instrument, by whatever name called, which isissued overseas by a FII against securities held by it that are listed or proposedto be listed on any recognised stock exchange in India, as its underlying)directly or indirectly, only in the event (i) such offshore derivative instrumentsare issued only to persons who are regulated by an appropriate regulatoryauthority; and (ii) such offshore derivative instruments are issued after compliancewith ‘know your client’ norms. The FII is also required to ensure that no furtherissue or transfer of any Offshore Derivative Instrument issued by it is madeto any persons that are not regulated by an appropriate foreign regulatoryauthority as defined under the SEBI ICDR Regulations. Associates and affiliatesof the Underwriters, including the BRLM and the Syndicate Members that areFIIs may issue offshore derivative instruments against Equity Shares allottedto them in the Issue. Any such offshore derivative instrument does not constituteany obligation of, claim on or an interest in, our Company.Bids by SEBI registered Venture Capital Funds and Foreign VentureCapital InvestorsAs per the current regulations, the following restrictions are applicable for SEBIregistered Venture Capital Funds and Foreign Venture Capital Investors:The SEBI (Venture Capital Funds) Regulations, 1996 and the SEBI (ForeignVenture Capital Investor) Regulations, 2000, each, as amended, prescribeinvestment restrictions on Venture Capital Funds and FVCIs respectivelyregistered with the SEBI. Accordingly, the holding in any company by anyindividual venture capital fund or FVCI registered with the SEBI should notexceed 25% of the corpus of the Venture Capital Fund or FVCI. However,venture capital funds or FVCIs may invest not over 33.33% of their respectiveinvestible funds in various prescribed instruments, including in init ial publicoffers.The above information is given for the benefit of the Bidders. OurCompany and the BRLM are not l iab le for any amendments ormodification or changes in applicable laws or regulations, which mayoccur after the date of this Red Herring Prospectus. Bidders are advisedto make their independent investigations. Bidders are advised to ensurethat any single Bid from them does not exceed the investment limitsor maximum number of Equity Shares and Warrants that can be heldby them under applicable law or regulation or as specified in the RedHerring Prospectus. Our Company and the BRLM do not accept anyresponsibility for the completeness and accuracy of the informationstated above.Maximum and Minimum Bid Size(a) For Retail Individual Bidders: The Bid must be for a minimum of [•]

Equity Shares and in multiples of [•] Equity Share thereafter, so as toensure that the Bid Amount payable by the Bidder does not exceed `2,00,000. In case of revision of Bids, the Retail Individual Bidders haveto ensure that the Bid Amount does not exceed ` 2,00,000. If the BidAmount is over ` 2,00,000 due to revision of the Bid or revision of thePrice Band or on exercise of the option to be Bid at the Cut-Off Price, theBid would be considered for allocation under the Non-Institutional Portion.The option to Bid at the Cut-Off Price is given only to the Retail IndividualBidders indicating their agreement to Bid and purchase at the final IssuePrice as determined at the end of the Book Building Process.

(b) For Other Bidders (Non-Institutional Bidders and QIBs): The Bidmust be for a minimum of such number of Equity Shares such that theBid Amount exceeds ` 2,00,000 and in multiples of [•] Equity Sharesthereafter. A Bid cannot be submitted for more than the Issue size.However, the maximum Bid by a QIB investor should not exceed theinvestment limits prescribed for them by applicable laws.

In case of revision in Bids, Non-Institutional Bidders who are individuals haveto ensure that the Bid Amount is greater than ` 2,00,000 for being consideredfor allocation in the Non-Institutional Portion. If the Bid Amount reduces to `2,00,000 or less due to a revision in Bids or revision of the Price Band, Bidsby Non-Institutional Bidders who are eligible for allocation in the Retail Portionwould be considered for allocation under the Retail Portion. Non-InstitutionalBidders and QIBs are not allowed to Bid at the Cut-Off Price. A QIB Biddercannot withdraw its Bid after the Bid Closing Date.Information for the Bidders:(a) The Red Herring Prospectus will be filed by our Company with the RoC

atleast three days before the Bid Opening Date.(b) Copies of the Bid cum Application Form and the Red Herring Prospectus

will be available with the Syndicate and our Registered Office. ASBA Bidcum Application Forms can be obtained by Bidders from the members ofthe Syndicate or SCSBs. Furthermore, the SCSBs shall ensure that theabridged prospectus is made available on their websites.

(c) Copies of ASBA Bid cum Application Forms will also be available fordownloading and printing, from website of the Stock Exchanges (whichprovide electronic interface for ASBA facility) (www.nseindia.com andwww.bseindia.com). The BRLMs and the SCSBs will provide the hyperlinkto BSE or NSE on their websites. A unique application number will begenerated for every ASBA Bid cum Application Form downloaded andprinted from the websites of the Stock Exchanges.

(d) The Syndicate and the Designated Branches of the SCSBs shall accept

Bids from the Bidder during the Bidding Period in accordance with the termsof the Syndicate Agreement.

(e) Eligible Bidders who are interested in subscribing for the Equity Sharesshould approach any of the BRLM or the Syndicate Members or theirauthorized agents to register their Bids. Eligible Bidders can approach themembers of the Syndicate or Designated Branches of the SCSBs to registertheir Bids under the ASBA process.

(f) The Bids should be submitted on the prescribed Bid cum Application Formonly. Bids by ASBA Bidders shall be accepted by the members of theSyndicate or Designated Branches of the SCSBs in accordance with theSEBI ICDR Regulations and any other circulars issued by SEBI in thisregard. Bid cum Application Forms (other than ASBA Bid cum ApplicationForms) should bear the stamp of the members of the Syndicate. Bid cumApplication Forms (other than ASBA Bid cum Application Forms), whichdo not bear the stamp of a member of the Syndicate, will be rejected. ASBABid cum Application Form bidded by the Syndicate member or their sub-syndicate member, which do not bear the stamp of the member of theSyndicate, will be rejected.

INSTRUCTIONS FOR COMPLETING THE BID CUM APPLICATION FORMBids and revisions of Bids must be:a) Made only in the prescribed Bid cum Application Form or Revision Form,

as applicable.b) Completed in full, in BLOCK LETTERS in ENGLISH and in accordance with

the instructions contained here, in the Bid cum Application Form or in theRevision Form. Incomplete Bid cum Application Forms or Revision Formsare liable to be rejected. Bidders should note that the Syndicate and/or theSCSBs (as appropriate) will not be liable for errors in data entry due toincomplete or illegible Bid cum Application Forms or Revision Forms.

c) Information provided by the Bidders will be uploaded in the online IPOsystem by the Syndicate and the SCSBs, as the case may be, and theelectronic data will be used to make allocation/Allotment. Bidders areadvised to ensure that the details are correct and legible.

d) For Retail Individual Bidders (including Eligible NRIs), the Bid must be fora minimum of [•] Equity Shares and in multiples of [•] thereafter subjectto a maximum Bid Amount of ` 2,00,000. In case the Bid Amount is over` 2,00,000 due to revision of the Bid or revision of the Price Band or onexercise of Cut-off option, the Bid would be considered for allocation underthe Non-Institutional Bidders portion. The option to Bid at Cut-off Price isan option given only to the Retail Individual Bidders indicating their agreementto Bid and purchase at the final Issue Price as determined at the end ofthe Book Building Process.

e) For Non-Institutional Bidders and QIB Bidders, Bids must be for a minimumof such number of Equity Shares that the Bid Amount exceeds ` 2,00,000and in multiples of [•] Equity Shares thereafter. Bids cannot be made forover the Issue size.

f) Bids by Eligible NRIs, FVCIs and FIIs on a repatriation basis shall be inthe names of individuals, or in the names of such FIIs, respectively, butnot in the names of minors (except minors applying through Guardian),OCBs, firms or partnerships, foreign nationals (excluding NRIs) or theirnominees.

g) In a single name or in joint names (not more than three, and in the sameorder as their Depository Participant details).

h) Thumb impressions and signatures other than in the languages specifiedin the Eighth Schedule to the Constitution of India must be attested by aMagistrate or a Notary Public or a Special Executive Magistrate underofficial seal.

i) If the ASBA Account holder is different from the ASBA Bidder, the ASBABid cum Application Form should be signed by the account holder asprovided in the ASBA Bid cum Application Form.

Submission of Bid cum Application Form• All Bid cum Application Forms or Revision Forms (other than with respect

to ASBA Bidders) duly completed and accompanied by account payeecheques or drafts shall be submitted to the Syndicate at the time ofsubmission of the Bid.

• With respect to ASBA Bidders who have submitted their bids to themembers of the Syndicate, the ASBA Bid cum Application Form or theASBA Revision Form shall be submitted to the respective member of theSyndicate.

• With respect to ASBA Bidders who have submitted their bids to theDesignated Branch of SCSBs, ASBA Bid cum application form or the ASBARevision form shall be submitted to the respective Designated Branch ofthe SCSBs.

No separate receipts shall be issued for the money payable on the submissionof Bid cum Application Form or Revision Form. However, the collection centreof the Syndicate will acknowledge the receipt of the Bid cum Application Formsor Revision Forms by stamping and returning to the Bidder the acknowledgementslip. This acknowledgement slip will serve as the duplicate of the Bid cumApplication Form for the records of the Bidder.

GENERAL INSTRUCTIONSDos:(a) Check if you are eligible to apply as per the terms of the Red Herring

Prospectus under applicable laws, rules and regulations;

GOODWILL HOSPITAL AND RESEARCH CENTRE LIMITED22

(b) Ensure that you have Bid within the Price Band;(c) Read all the instructions carefully and complete the Resident Bid cum

Application Form (White in colour) or the Non-Resident Bid cum ApplicationForm (Blue in colour) as the case may be;

(d) Ensure that the details about Depository Participant and Beneficiary Accountare correct, and the Beneficiary Account is activated, as Allotment of EquityShares and Warrants will be in the dematerialized form only;

(e) Ensure that the Bids are submitted at the Bidding centres only on formsbearing the stamp of a member of the Syndicate (other than with respectto ASBA Bidders);

(f) With respect to ASBA Bidders ensure that (i) your Bid is submitted at aDesignated Branch of the SCSB where the ASBA Bidder or the personwhose bank account will be utilised by the ASBA Bidder for Bidding hasa bank account, or (ii) your bid is submitted with the member of thesyndicate who will upload the bid and submit the form with the ASBA Bankwho in turn will block the bid amount in the account mentioned in the ASBABid cum application form. Further, ensure that the ASBA Bid cum ApplicationForm is signed by the account holder if the Bidder is not the account holder;

(g) Ensure that the full Bid Amount is paid for Bids submitted to the membersof the Syndicate and funds equivalent to the Bid Amount are blocked bythe SCSBs in case of Bids submitted through the ASBA process;

(h) With respect to ASBA Bidders, ensure that you have funds equal to theBid Amount in your bank account of the respective Designated Branch ofthe SCSB;

(i) With respect to ASBA Bidders, instruct your respective banks to not releasethe funds blocked in the bank account under the ASBA process;

(j) Ensure that you request for and receive a TRS for all your Bid options;(k) Submit revised Bids to the same member of the Syndicate or Designated

Branch of the SCSB through whom the original Bid was placed and obtaina revised TRS;

(l) Except for Bids (i) on behalf of the Central or State Government and theofficials appointed by the courts, and (ii) (subject to SEBI circular dated April3, 2008) from the residents of the state of Sikkim, each of the Biddersshould mention their PAN allotted under the I.T. Act. Bid cum ApplicationForms in which the PAN is not mentioned are liable to be rejected;

(m) Ensure that the name(s) given in the Bid cum Application Form is exactlythe same as the name(s) in which the beneficiary account is held withthe Depository Participant. If the Bid cum Application Form is submitted injoint names, ensure that the beneficiary account is also held in same jointnames and such names are in the same sequence in which they appearin the Bid cum Application Form.

(n) Ensure that the QIB Bidders and Non Institutional Bidders bid only throughthe ASBA process.

Don’ts:(a) Do not Bid for lower than the minimum Bid size;(b) Do not submit a Bid without payment of the entire Bid Amount;(c) Do not Bid/revise the Bid to less than the Floor Price or higher than the

Cap Price;(d) Do not Bid on another Bid cum Application Form after you have submitted

a Bid to the Syndicate or the Designated Branch of an SCSB;(e) Do not pay the Bid Amount in cash, by money order or by postal order

or by stockinvest and in relation to ABSA Bidders in any other mode otherthan blocked amounts in the bank accounts maintained by SCSBs;

(f) Do not send Bid cum Application Forms by post; instead submit the sameto the Syndicate or a Designated Branch of an SCSB, as applicable;

(g) Do not Bid at the Cut-off Price (for QIB Bidders and Non-InstitutionalBidders);

(h) Do not fill up the Bid cum Application Form such that the Equity SharesBid for exceed the Issue size and / or investment limit or maximumnumber of Equity Shares and Warrants that can be held under applicablelaws or regulations or the maximum amount permissible under applicableregulations;

(i) Do not submit more than five ASBA Bid cum Application Forms per bankaccount;

(j) Do not Bid for amount exceeding ` 2,00,000 in case of a Bid by RetailIndividual Bidders;

(k) Do not submit the GIR number instead of the PAN as the Bid is liable tobe rejected on this ground.

Method and Process of Bidding(a) Our Company and the BRLM shall declare the Bid Opening Date and Bid

Closing Date at the time of filing the Red Herring Prospectus with the RoCand shall also publish it in all editions of Business Standard (English andHindi language), atleast two Working Days prior to the Bid Opening Date.

(b) The Price Band and the minimum Bid lot size for the Issue will be decidedby our Company, in consultation with the BRLM, and advertised in alleditions of Business Standard (English and Hindi language), atleast twoWorking Days prior to the Bid Opening Date.

(c) Bidders who are interested in subscribing to the Equity Shares andWarrants should approach any of the members of the Syndicate, theirauthorized agents or SCSBs to register their Bids, during the Bidding Period.The members of the Syndicate shall accept Bids from the all Bidders andshall have the right to vet the Bids, during the Bidding Period in accordancewith the terms of the Syndicate Agreement and the Red Herring Prospectus.

Bidders who wish to use the ASBA process should approach the membersof the syndicate or Designated Branches of the SCSBs to register their Bids.

(d) The Bidding Period shall be for a minimum of three Working Days and notexceeding 10 Working Days (including the days for which the Issue isopen in case of revision in Price Band). If the Price Band is revised, therevised Price Band and the Bidding Period will be published in all editionsof Business Standard (English and Hindi language), together with anindication of such change on the websites of the BRLM and SCSBs andat the terminals of the Syndicate Members.

(e) Each Bid cum Application Form will give the Bidder the choice to Bid forup to three optional prices (for details see “Bids at Different PriceLevels” below, within the Price Band and specify the demand (i.e., thenumber of Equity Shares Bid for) in each option. The price and demandoptions submitted by the Bidder in the Bid cum Application Form will betreated as optional demands from the Bidder and will not be cumulated.After determination of the Issue Price, the maximum number of EquityShares Bid for by a Bidder at or above the Issue Price will be consideredfor allocation / Allotment and the rest of the Bid(s), irrespective of the BidAmount, will become automatically invalid.

(f) The Syndicate or the SCSBs will enter each Bid option into the electronicBidding system as a separate Bid and generate a Transaction RegistrationSlip (“TRS”), for each price and demand option and shall, on demand, givethe same to the Bidder. Therefore, a Bidder can receive up to three TRSsfor each Bid cum Application Form.

(g) With respect to ASBA Bidders, on receipt of the ASBA Bid cum ApplicationForm, submitted whether in physical or electronic mode (whether throughmember of the syndicate or directly from the bidder), the Designated Branchof the SCSB shall verify if sufficient funds equal to the Bid Amount areavailable in the ASBA Account, as mentioned in the ASBA Bid cumApplication Form. If sufficient funds are available in the ASBA Account, theSCSB shall block an amount equivalent to the Bid Amount mentioned inthe ASBA Bid cum Application Form and will enter each Bid option intothe electronic bidding system as a separate Bid. Where the bidder hassubmitted the bid directly with the Designated Branch of SCSBs and ifsufficient funds are not available in the ASBA Account, the DesignatedBranch of the SCSBs shall reject such Bid and shall not upload such Bidwith the Stock Exchanges. Where the bid has been uploaded by themember of the syndicate and ASBA Bid cum application form is submittedwith the specified Branch of SCSBs in specified cities and if sufficient fundsare not available in the ASBA Account, the bid will be treated as invalidand will not be considered for the purpose of allotment under the Issue.

(h) Along with the Bid cum Application Form, all Bidders will make paymentin the manner described under the paragraph titled “Payment Instructions”on page 192 of the Red Herring Prospectus.

Bids at Different Price Levels and Revision of Bids(a) The Price Band and the minimum Bid lot size shall be decided by our

Company in consultat ion with the BRLM and advert ised atleast twoWorking Days prior to the Bid Opening Date, in all editions of BusinessStandard (English and Hindi language), atleast two Working Days prior tothe Bid Opening Date.

(b) Our Company, in consultation with the BRLM, reserves the right to revisethe Price Band during the Bidding Period in accordance with the SEBI ICDRRegulations. The Cap Price shall be less than or equal to 120% of the FloorPrice and the Floor Price shall not be less than the face value of the EquityShares. The revision in Price Band shall not exceed 20% on either sidei.e. the floor price can move upward or downward to the extent of 20%of the f loor price disclosed atleast two Working Days prior to the BidOpening Date and the Cap Price will be revised accordingly.

(c) In case of revision in the Price Band, the Bidding Period will be extendedfor atleast three additional Working Days after revision of Price Band subjectto a maximum of 10 Working Days. Any revision in the Price Band andthe revised Bidding Period, if applicable, will be widely disseminated bynotification to the Stock Exchanges, by issuing a public notice in all editionsof Business Standard (English and Hindi language) and also by indicatingthe change on the websites of the BRLM, the SCSBs and at the terminalsof the Syndicate Members.

(d) Our Company in consultation with the BRLM can finalize the Issue Pricewithin the Price Band in accordance with this section, without the priorapproval of or intimation to the Bidders.

(e) The Bidder can Bid at any price within the Price Band. The Bidder hasto Bid for the desired number of Equity Shares at a specific price. RetailIndividual Bidders may Bid at Cut-off Price. However, Bidding at Cut-offPrice is prohibited for QIB or Non-Institutional Bidders and such Bids fromQIBs and Non-Institutional Bidders shall be rejected.

(f) Retail Individual Bidders who Bid at the Cut-off Price agree that they shallpurchase the Equity Shares at any price within the Price Band. RetailIndividual Bidders bidding at Cut-off Price shall deposit the Bid Amountbased on the Cap Price with the members of the Syndicate. In case ofASBA Bidders Bidding at Cut-off Price (other than QIBs and Non-InstitutionalBidders), the ASBA Bidders shall instruct the SCSBs to block an amountbased on the Cap Price. In the event the Bid Amount is higher than thesubscription amount payable by the Retail Individual Bidders, the Biddershall receive the refund of the excess amounts from the Escrow Account(s)or the excess funds shall be unblocked from their ASBA Accounts, as thecase may be.

(g) In case of an upward revision in the Price Band announced as above,Retail Individual Bidders who had Bid at Cut-off Price could either (i) revise

GOODWILL HOSPITAL AND RESEARCH CENTRE LIMITED 23

their Bid or (ii) make additional payment based on the revised Cap Price(such that the total amount i.e., original Bid Amount plus additional paymentdoes not exceed ` 2,00,000 for Retail Individual Bidders, if the Bidderwants to continue to Bid at Cut-off Price), with the member of the Syndicateto whom the original Bid was submitted. In case the total amount (i.e.,original Bid Amount plus additional payment) exceeds ` 2,00,000 for RetailIndividual Bidders Bidding at the Cut-off Price the Bid will be consideredfor allocation under the Non-Institutional Portion in terms of the Red HerringProspectus. If, however, the Bidder does not either revise the Bid or makeadditional payment and the Issue Price is higher than the Cap Price priorto revision, the number of Equity Shares Bid for shall be adjusted downwardsfor the purpose of Allotment, such that no additional payment would berequired from the Bidder and the Bidder is deemed to have approved suchrevised Bid at Cut-off Price.

(h) In case of a downward revision in the Price Band, announced as above,Retail Individual Bidders who have Bid at Cut-off Price could either revisetheir Bid or the excess amount paid at the time of Bidding would berefunded from the Escrow Account(s) or the excess funds shall beunblocked from their ASBA Accounts, as the case may be.

Bidder’s Depository Account and Bank Account DetailsBidders should note that on the basis of Bidder’s PAN, Depository Participant’sname, DP ID number and beneficiary account number provided by them in theBid cum Application Form and entered into the electronic bidding system of theStock Exchanges by the Syndicate and the SCSBs, as the case may be, theRegistrar to the Issue will obtain from the Depository the demographic detailsincluding the Bidder’s address, occupation and bank account details includingthe nine-digit Magnetic Ink Character Recognition (“MICR”) code as appearingon a cheque leaf (‘Demographic Details’). These Demographic Details wouldbe used for giving refunds (including through physical refund warrants, directcredit, NECS, NEFT and RTGS) to the Bidders, CANs and allocation advice.Hence, Bidders are advised to immediately update their bank account detailsand Demographic Details as appearing on the records of the DepositoryParticipant and ensure that they are true and correct. Failure to do so couldresult in delays in dispatch/credit of refunds to Bidders at the Bidders sole riskand neither the Syndicate or the Registrar to the Issue or the Escrow CollectionBanks or the SCSBs nor our Company shall have any responsibility andundertake any liability for the same.IT IS MANDATORY FOR ALL THE BIDDERS TO RECEIVE THEIR EQUITYSHARES AND WARRANTS IN DEMATERIALISED FORM. ALL BIDDERSSHOULD MENTION THEIR PAN, DP ID NUMBER AND BENEFICIARYACCOUNT NUMBER IN THE BID CUM APPLICATION FORM. INVESTORSMUST ENSURE THAT THE PAN GIVEN IN THE BID CUM APPLICATIONFORM IS EXACTLY THE SAME AS PROVIDED TO THE DEPOSITORY. IFTHE BID CUM APPLICATION FORM IS SUBMITTED IN JOINT NAMES, ITSHOULD BE ENSURED THAT THE DEPOSITORY ACCOUNT IS ALSOHELD IN THE SAME JOINT NAMES AND ARE IN THE SAME SEQUENCEIN WHICH THEY APPEAR IN THE BID CUM APPLICATION FORM.By signing the Bid cum Application Form, the Bidder would be deemed to haveauthorised the Depositories to provide, on request, to the Registrar to the Issue,the required Demographic Details as available on its records.Refund Orders (where refunds are not being made electronically)/Allocation Advice/CANs would be mailed at the address of the Bidderas per the Demographic Details received from the Depositories. Biddersmay note that delivery of refund orders/allocation advice/CANs may getdelayed i f the same once sent to the address obtained from theDepositories are returned undelivered. In such an event, the addressand other details given by the Bidder in the Bid cum Application Formwould be used only to ensure dispatch of refund orders. Any suchdelay shall be at the Bidders sole risk and neither our Company norEscrow Collection Banks nor the Syndicate shall be liable to compensatethe Bidder for any losses caused to the Bidder due to any such delayor liable to pay any interest for such delay. In case of refunds throughelectronic modes as detailed in the Red Herring Prospectus, Biddersmay note that refunds may be delayed if bank particulars obtained fromthe Depository Participant are incorrect.In case no corresponding record is available with the Depositories, whichmatches the three parameters, namely, Bidders PAN (in case of joint Bids, PANof first applicant), the DP ID and the beneficiary’s identity, such Bids are liableto be rejected.

PAYMENT INSTRUCTIONSEscrow Mechanism for Bidders other than ASBA BiddersOur Company and the Syndicate shall open Escrow Accounts with the EscrowCollection Bank(s) in whose favour the Bidders shall make out the cheque ordemand draft in respect of his or her Bid and/or revision of the Bid. Chequesor demand drafts received for the full Bid Amount from Bidders in a certaincategory would be deposited in the Escrow Account.The Escrow Collection Banks will act in terms of the Red Herring Prospectusand the Escrow Agreement. The Escrow Collection Banks for and on behalfof the Bidders shall maintain the monies in the Escrow Account(s) until theDesignated Date. The Escrow Collection Banks shall not exercise any lienwhatsoever over the monies deposited therein and shall hold the monies thereinin trust for the Bidders. On the Designated Date, the Escrow Collection Banksshall transfer the funds represented by allocation of Equity Shares (other thanASBA funds with the SCSBs) from the Escrow Account, as per the terms ofthe Escrow Agreement, into the Public Issue Account with the Bankers to theIssue. The balance amount after transfer to the Public Issue Account shall betransferred to the Refund Account. Payments of refund to the Bidders shall also

be made from the Refund Account are per the terms of the Escrow Agreementand the Red Herring Prospectus.Bidders should note that the escrow mechanism is not prescribed by the SEBIand has been established as an arrangement by and among our Company,the Syndicate, the Escrow Collection Bank(s) and the Registrar to the Issueto facilitate collections from the Bidders.Bids by QIB Bidders and Non Institutional Bidders will not be acceptedthrough any mode other than ASBA.Payment into Escrow Account(s) for Bidders other than ASBA BiddersEach Bidder (other than ASBA Bidders) shall draw a cheque or demand draftor remit the funds electronically through the RTGS mechanism for the entireBid Amount as per the following terms:(a) The Bidders shall, with the submission of the Bid cum Application Form,

draw a payment instrument for the entire Bid Amount in favour of theEscrow Account(s) and submit the same to the member of the Syndicate.Bid cum Application Forms accompanied by cash, stockinvest, moneyorder or postal order shall not be accepted.

(b) The payment instruments for payment into the Escrow Account(s) shouldbe drawn in favour of:• In case of Resident Retail Bidders: “Escrow Account - Goodwill Public

Issue - R”• In case of Non-Resident Retail Bidders: “Escrow Account - Goodwill

Public Issue - NR”(c) In case of Bids by NRIs applying on repatriation basis, the payments must

be made through Indian Rupee drafts purchased abroad or cheques or bankdrafts, for the amount payable on application remitted through normalbanking channels or out of funds held in NRE Accounts or FCNR Accounts,maintained with banks authorised to deal in foreign exchange in India, alongwith documentary evidence in support of the remittance. Payment will notbe accepted out of NRO Account of Non-Resident Bidder bidding on arepatriat ion basis. Payment by drafts should be accompanied by bankcertificate confirming that the draft has been issued by debiting to NREAccount or FCNR Account.

(d) In case of Bids by NRIs applying on non-repatriation basis, the paymentsmust be made through Indian Rupee drafts purchased abroad or chequesor bank drafts, for the amount payable on application remitted throughnormal banking channels or out of funds held in NRE Accounts or FCNRAccounts, maintained with banks authorised to deal in foreign exchangein India, along with documentary evidence in support of the remittance orout of an NRO Account of a Non-Resident Bidder bidding on a non-repatriation basis. Payment by drafts should be accompanied by a bankcertificate confirming that the draft has been issued by debiting an NREor FCNR or NRO Account.

(e) In case of Bids by FIIs or FVCIs the payment should be made out of fundsheld in a Special Rupee Account along with documentary evidence insupport of the remittance. Payment by drafts should be accompanied bya bank certificate confirming that the draft has been issued by debiting theSpecial Rupee Account.

(f) The monies deposited in the Escrow Account(s) will be held for the benefitof the Bidders until the Designated Date.

(g) On the Designated Date, the Escrow Collection Banks shall transfer thefunds from the Escrow Account(s) as per the terms of the EscrowAgreement into the Public Issue Account with the Bankers to the Issue.

(h) On the Designated Date and no later than 10 Working Days from the BidClosing Date, the Registrar to the Issue shall dispatch all refund amountspayable to unsuccessful Bidders and also the excess amount paid onBidding, if any, after adjusting for allocation/Allotment to the Bidders.

(i) Payments should be made by cheque, or a demand draft drawn on anybank (including a cooperative Bank), which is situated at, and is a memberof or sub-member of the bankers’ clearing house located at the centrewhere the Bid cum Application Form is submitted. Outstation cheques/bankdrafts drawn on banks not participating in the clearing process will not beaccepted and applications accompanied by such cheques or bank draftsare liable to be rejected. Cash, stockinvest, money orders or postal orderswill not be accepted.

(j) In case clear funds are not available in the Escrow Accounts as per finalcertificates from the Escrow Collection Banks, such Bids are liable to berejected.• Except in case of ASBA Bids, Bidders are advised to mention the

number of the Bid cum Application Form on the reverse of the cheque/demand draft to avoid misuse of instruments submitted along with theBid cum Application Form.

Payment mechanism for ASBA BiddersAll QIB Bidders and Non Institutional Bidders shall make application under thisIssue only through the ASBA process. Retail Individual Bidders also have anoption to place their bid in the Issue through the ASBA process.The ASBA Bidders shall specify the bank account number in the ASBA Bid cumApplication Form. The ASBA Bidder may submit the ASBA Bid cum applicationform either with the Syndicate in specified cities or Designated Branches ofSCSBs for uploading of bid. Where the ASBA Bid cum application form issubmitted with the Syndicate, it will upload the bid and submit the form withthe specified branch of SCSBs in specified cities and the SCSBs shall blockan amount equivalent to the Bid Amount in the bank account specified in theASBA Bid cum Application Form. If the ASBA Bid cum application form issubmitted with any Designated Branch of SCSBs, the Designated Branch shall

GOODWILL HOSPITAL AND RESEARCH CENTRE LIMITED24

block an amount equivalent to the Bid amount in the Bank account specifiedin the ASBA Bid cum application form. The SCSBs shall keep the Bid Amountin the relevant bank account blocked until withdrawal / rejection of the ASBABid or receipt of instructions from the Registrar to the Issue to unblock the BidAmount. In the event of withdrawal or rejection of the ASBA Bid cum ApplicationForm, failure of the Issue or for unsuccessful ASBA Bid cum Application Forms,the Registrar to the Issue shall give instructions to the SCSBs to unblock theBid Amount in the relevant bank account within eight Working Days from theBid Closing Date and the SCSBs shall unblock the Bid Amount within oneWorking Day of receipt of such instruction. The Bid Amount shall remain blockedin the ASBA Account until finalisation of the Basis of Allotment and consequenttransfer of the Bid Amount to the Public Issue Account, or until withdrawal /failure of the Issue or until rejection of the ASBA Bid, as the case may be.Other InstructionsJoint Bids in case of IndividualsBids may be made in single or joint names (not more than three). In the caseof joint Bids, all payments will be made out in favour of the Bidder whose nameappears f irs t in the Bid cum Applicat ion Form or Rev ision Form. Allcommunications will be addressed to the First Bidder and will be dispatchedto his or her address as per the Demographic Details received from theDepository.Multiple BidsA Bidder should submit only one Bid cum Application Form (and not more thanone) for the total number of Equity Shares required. Two or more Bid cumApplication Forms will be deemed to be multiple Bids if the sole or first Bidderis one and the same. It is clarified, however, that Bidders shall have the optionto make a maximum of three Bids in the Bid cum Application Form and suchoptions shall not be considered multiple Bids.In case of a Mutual Fund, a separate Bid can be made in respect of eachscheme of the Mutual Fund registered with SEBI and such Bids in respect ofmore than one scheme of the Mutual Fund will not be treated as multiple Bidsprovided that the Bids clearly indicate the scheme concerned for which the Bidhas been made.After Bidding on an ASBA Bid cum Application Form either in physical orelectronic mode, where such ASBA Bid has been submitted to the Syndicateor any Designated Branch of SCSBs and uploaded with the Stock Exchanges,an ASBA Bidder cannot Bid, either in physical or electronic mode, on anotherASBA Bid cum Application Form or a non-ASBA Bid cum Application Form.Submission of a second Bid cum Application Form, whether an ASBA Bid cumApplication Form, to either the same or to another Designated Branch of theSCSB, or a Non-ASBA Bid cum Application Form, will be treated as multipleBids and will be liable to be rejected either before entering the Bid into theelectronic bidding system, or at any point of time prior to the allocation orAllotment of Equity Shares in this Issue. However, the ASBA Bidder can revisethe Bid through the Revision Form, the procedure for which is detailed in“Offering Information - Build up of the Book and Revision of Bids”above.More than one ASBA Bidder may Bid for Equity Shares using the same ASBAAccount, provided that the SCSBs shall not accept a total of more than fiveASBA Bid cum Application Forms from such ASBA Bidders with respect to anysingle ASBA Account.Our Company reserves the right to reject, in their absolute discretion, all orany multiple Bids in any or all categories. In this regard, the procedures whichwould be followed by the Registrar to the Issue to detect multiple Bids areprovided below:1. A check will be carried out for the same PAN. In cases where the PAN

is same, such Bids will be treated as multiple Bids.2. Further, in the case of Mutual Fund Bidders and FII sub-accounts, Bids

which use the same PAN, the Bid cum Application Forms will be scrutinisedfor DP ID and Beneficiary Account Numbers. In case such Bid cumApplication Forms bear the same DP ID and Beneficiary Account Numbers,these will be treated as multiple applications.

‘PAN’Except for Bids on behalf of the Central or State Government, residents ofSikkim and the officials appointed by the courts, the Bidders, or in the caseof a Bid in joint names, each of the Bidders, should mention his/her PAN allottedunder the I.T. Act. In accordance with the SEBI ICDR Regulations, the PANwould be the sole identification number for participants transacting in thesecurities market, irrespective of the amount of transaction.Any Bid cum Application Form without the PAN is liable to be rejected.It is to be specifically noted that Bidders should not submit the GIRnumber instead of the PAN as the Bid is liable to be rejected on thisground .Right to Reject BidsIn case of Non-Institutional Bidders and Retail Individual Bidders, our Companyhave a right to reject Bids based only on technical grounds and/or as specifiedin the Red Herring Prospectus. In case of QIB Bidders Bidding in the QIBPortion, our Company, in consultation with the members of the Syndicate, mayreject Bids provided that such rejection shall be made at the time of acceptanceof the Bid and the reasons for rejecting the same shall be provided to suchBidder in writing. Consequent refunds shall be made through any of the modesdescribed in the Red Herring Prospectus and will be sent to the Bidder’saddress at the Bidder’s risk.With respect to ASBA Bids, where the ASBA Bid cum application form issubmitted with any Designated Branch of SCSBs, such Designated Branch shallhave the right to reject ASBA Bids if at the time of blocking the Bid Amount

in the Bidder’s bank account, the respective Designated Branch of the SCSBascertains that sufficient funds are not available in the Bidder’s bank accountmaintained with the SCSB. With respect to ASBA Bids, where ASBA Bid cumapplication form is bidded by the Syndicate and submitted with specified branchof SCSBs in specified cities, and if sufficient funds are not available in the ASBAAccount, the bid will be treated as invalid and will not be considered for thepurpose of allotment under the Issue. Subsequent to the acceptance of the ASBABid / blocking of funds by the SCSBs, our Company would have a right toreject the ASBA Bids only on technical grounds as specified in the Red HerringProspectus.The Bidders may note that in case the DP ID, Beneficiary Account Number andPAN mentioned in the Bid cum Application Form and entered into the electronicBidding system of the Stock Exchanges by the Syndicate and the SCSBs, asthe case may be, do not match with the DP ID, Beneficiary Account Numberand PAN available in the depository database, the Bid is liable to be rejected.Grounds for Technical RejectionBidders are advised to note that Bids are liable to be rejected among otherthings, on the following technical grounds:1. Amount paid or, with respect to ASBA Bids, the amounts mentioned in the

ASBA Bid cum Application Form does not tally with the amount payablefor the highest value of the Equity Shares Bid for;

2. Age of First Bidder not given;3. In case of partnership firms, Equity Shares may be registered in the names

of the individual partners and no firm as such shall be entitled to apply;4. Bid by persons not competent to contract under the Indian Contract Act,

1872, as amended, including minors (except minors applying throughGuardian), insane persons;

5. PAN not stated (except for Bids on behalf of the Central or State Government,residents of Sikkim and the officials appointed by the courts);

6. Bids for lower number of Equity Shares than specified for that category ofinvestors;

7. Bids at a price less than the Floor Price;8. Bids at a price over the Cap Price;9. Bids at Cut off Price by Non-Institutional Bidders and QIB Bidders;10. Submission of more than five ASBA Bid cum Application Forms per ASBA

Account;11. Bids for number of Equity Shares which are not in multiples of [•];12. Category not ticked;13. Multiple Bids as described in the Red Herring Prospectus;14. In case of Bids under power of attorney or by limited companies, corporate,

trust etc., relevant documents not being submitted;15. Bids accompanied by cash, stockinvest, money order or postal order;16. Signature of sole and/or joint Bidders missing. In addition, with respect to

ASBA Bids, the Bid cum Application form not being signed by the accountholders, if the account holder is different from the Bidder;

17. Bid cum Application Form does not have the stamp of the BRLM, theSyndicate Members or Designated Branches of the SCSBs;

18. Bid cum Application Form does not have Bidder’s depository accountdetails or the details given are incomplete;

19. Bidder applying through ASBA process has not mentioned the Bank accountdetails in the Bid cum application form in which funds has to be blocked;

20. Bid cum Application Forms are not delivered by the Bidders within the timeprescribed as per the Bid cum Application Form, Bid Opening Dateadvertisement and the Red Herring Prospectus and as per the instructionsin the Red Herring Prospectus and the Bid cum Application Forms;

21. In case no corresponding record is available with the Depositories thatmatches three parameters namely, PAN (in case of joint Bids, PAN of thefirst applicant), the DP ID and the beneficiary’s account number;Bidders may note that in case the DP ID and Client ID and PANmentioned in the Bid cum Application Form and entered into theelectronic bidding system of the Stock Exchanges by the Syndicateor the SCSBs, as the case may be, do not match with the DP IDand Client ID and PAN available in the depository database, the Bidis liable to be rejected.

22. With respect to ASBA Bids, inadequate funds in the bank account to blockthe Bid Amount specified in the ASBA Bid cum Application Form at the timeof blocking such Bid Amount in the bank account;

23. Bids for amounts greater than the maximum permissible amounts prescribedby applicable law;

24. Bids by QIB Bidders and Non Institutional Bidders not made through theASBA process;

25. Bids by OCBs;26. Bids by persons in the United States;27. Bids where clear funds are not available in the Escrow Accounts as per

the final certificate from the Escrow Collection Banks;28. Bids not uploaded on the terminals of the BSE and the NSE;29. Bids or revision thereof by QIB Bidders and Non-Institutional Bidders

uploaded after 4.00 P.M. on the Bid Closing Date;30. Bids by persons prohibited from buying, selling or dealing in the shares

directly or indirectly by SEBI or any other regulatory authority;31. Bids by persons who are not eligible to acquire Equity Shares in terms

of all applicable laws, rules, regulations, guidelines and approvals; and

GOODWILL HOSPITAL AND RESEARCH CENTRE LIMITED 25

32. Bids that do not comply with the securities laws of the Bidders’ respectivejurisdictions.

Electronic Registration of Bids(a) The members of the Syndicate and the SCSBs will register the Bids

received using the online facilities of the Stock Exchanges. There will beatleast one online connectivity in each city, where the Stock Exchangesare located in India and where such Bids are being accepted. The BRLM,our Company and the Registrar to the Issue are not responsible for anyacts, mistakes or errors or omission and commissions in relation to (i) theBids accepted by the Syndicate Members and the SCSBs, (ii) the Bidsuploaded by the Syndicate Members and the SCSBs, (iii) the Bids acceptedbut not uploaded by the Syndicate Members and the SCSBs or (iv) withrespect to ASBA Bids, Bids accepted and uploaded without blocking fundsin the ASBA Accounts. However, the members of the Syndicate and / orthe SCSBs shall be responsible for any errors in the Bid details uploadedby them.

(b) The Stock Exchanges will offer a screen-based facility for registering suchBids for the Issue. This facility will be available on the terminals of themembers of the Syndicate and their authorized agents and the SCSBsduring the Bidding Period. The Syndicate Members and the DesignatedBranches of the SCSBs can also set up facilities for off-line electronicregistration of Bids subject to the condition that it will subsequently uploadthe off-line data file into the on-line facilities for book building on a regularbasis.

(c) On the Bid Closing Date, the members of the Syndicate and the DesignatedBranches of the SCSBs shall upload the Bids until such time as may bepermitted by the Stock Exchanges. This information will be available withthe BRLM on a regular basis. Bidders are cautioned that a high inflow ofBids typically experienced on the last day of the Bidding may lead to someBids received on the last day not being uploaded due to lack of sufficientuploading time, and such Bids that could not uploaded will not be consideredfor allocation. Bids will only be accepted on Monday to Friday (excludingany public holiday).

(d) Based on the aggregate demand and price for Bids registered on theelectronic facilities of the Stock Exchanges a graphical representation ofconsolidated demand and price would be made available at the biddingcentres and at the websites of each of the Stock Exchanges during theBidding Period.

(e) At the time of registering each Bid, the members of the Syndicate or theDesignated Branches of the SCSBs in case of ASBA Bids shall enter thefollowing details of the Bidder in the electronic system:• Name of the company.• Bid cum Application number.• Investor Category – Individual, Corporate, non-institutional, qualified

institutional buyer, Eligible NRI, FII, or Mutual Fund, etc.• Numbers of Equity Shares Bid for.• Bid Amount and the price option.• Depository Participant Identity (“DP ID”) and Client Identification Number

of the beneficiary account of the Bidder.• PAN.• Cheque amount and cheque number.

(f) A system generated TRS will, on demand, be given to the Bidder as aproof of the registration of each of the Bidding options. It is the Bidder’sresponsibility to obtain the TRS from the members of the Syndicateor Designated Branches of the SCSBs. The registration of the Bid bythe member of the Syndicate or the Designated Branches of the SCSBsdoes not guarantee that the Equity Shares shall be allocated / allotted.

(g) Such TRS will be non-negotiable and by itself will not create any obligationof any kind.

(h) In case of QIB Bidders (other than QIB bids uploaded by the SCSBs), theSyndicate and the specified sub-Syndicate members have a right to acceptthe Bid or reject it. However, such rejection shall be made at the time ofreceiving the Bid and only after assigning a reason for such rejection inwriting. In case of Non-Institutional Bidders, Retail Individual Bidders, bidsmay not be rejected except on technical grounds. Further, the SCSBs shallhave no right to reject Bids except on technical grounds.

(i) The permission given by the Stock Exchanges to use their network andsoftware of the online IPO system should not in any way be deemed orconstrued to mean that the compliance with various statutory and otherrequirements by our Company and/or the BRLM are cleared or approvedby the Stock Exchanges; nor does it in any manner warrant, certify orendorse the correctness or completeness of any of the compliance withthe statutory and other requirements nor does it take any responsibility forthe f inancial or other soundness of our Company, our Promoter, ourmanagement or any scheme or project of our Company nor does it in anymanner warrant, certify or endorse the correctness or completeness of anyof the contents of the Red Herring Prospectus; nor does it warrant that theEquity Shares and Warrants will be listed or will continue to be listed onthe Stock Exchanges.

(j) Only Bids that are uploaded on the online IPO system of the StockExchanges shall be considered for allocation/Allotment. The members ofthe Syndicate shall be given one additional day after the Bid Closing Dateto verify the information uploaded on the online IPO system during theBidding Period after which the data will be sent to the Registrar to the Issuefor reconciliation and Allotment of Equity Shares. In case of discrepancy

of data between the BSE or the NSE and the Syndicate or the SCSBs,the decision of the BRLM based on the physical records of Bid ApplicationForms shall be final and binding on all concerned. If a member of theSyndicate finds any discrepancy in the PAN, DP ID and the BeneficiaryAccount Number, it will correct the same and the send the data to theRegistrar to the Issue for reconciliation and allotment of Equity Shares andWarrants.

Build up of the book and revision of Bids(a) Bids received from various Bidders through the members of the Syndicate

and the SCSBs shall be electronically uploaded to the Stock Exchanges’mainframe on a regular basis.

(b) The book gets built up at various price levels. This information will beavailable with the BRLM at the end of the Bidding Period.

(c) During the Bidding Period, any Bidder who has registered his or her interestin the Equity Shares at a particular price level is free to revise his or herBid within the Price Band using the printed Revision Form, which is a partof the Bid cum Application Form.

(d) Revisions can be made in both the desired number of Equity Shares andthe Bid Amount by using the Revision Form. Apart from mentioning therevised options in the Revision Form, the Bidder must also mention thedetails of all the options in his or her Bid cum Application Form or earlierRevision Form. For example, if a Bidder has Bid for three options in theBid cum Application Form and such Bidder is changing only one of theoptions in the Revision Form, he must still fill the details of the other twooptions that are not being revised, in the Revision Form. The membersof the Syndicate and the SCSBs will not accept incomplete or inaccurateRevision Forms.

(e) The Bidder can make this revision any number of times during the BiddingPeriod. However, for any revision(s) in the Bid, the Bidders will have touse the services of the same member of the Syndicate or the DesignatedBranch of the SCSB through whom such Bidder had placed the originalBid. Bidders are advised to retain copies of the blank Revision Form andthe revised Bid must be made only in such Revision Form or copiesthereof.

(f) Any revision of the Bid shall be accompanied by payment in the form ofcheque or demand draft for the incremental amount, if any, to be paid onaccount of the upward revision of the Bid. The excess amount, if any,resulting from downward revision of the Bid would be returned to the Bidderat the time of refund in accordance with the terms of the Red HerringProspectus. With respect to ASBA Bids, if revision of the Bids results inan incremental amount, the relevant SCSB shall block the additional Bidamount. In case of Bids other than ASBA Bids, the members of theSyndicate shall collect the payment in the form of cheque or demand draftif any, to be paid on account of the upward revision of the Bid at the timeof one or more revisions. In such cases the members of the Syndicatewill revise the earlier Bid details with the revised Bid and provide thecheque or demand draft number of the new payment instrument in theelectronic book. The Registrar to the Issue will reconcile the Bid data andconsider the revised Bid data for preparing the basis of Allotment.

When a Bidder revises his or her Bid, he or she shall surrender the earlierTRS and will, on demand, receive revised TRS from the Syndicate or SCSBs,as applicable. It is the responsibility of the Bidder to request for and obtain therevised TRS, which will act as proof of his or her having revised the previousBid.Investors are advised to instruct their Depository Participant to acceptthe Equity Shares and Warrants that may be allocated / allotted to thempursuant to this Issue.ImpersonationAttention of the Bidders is specifically drawn to the provisions of sub-section (1) of Section 68 A of the Companies Act, reproduced below:“Any person who:(a) makes in a fictitious name, an application to a company for acquiring

or subscribing for, any shares therein, or(b) otherwise induces a company to allot, or register any transfer of

shares, therein to him, or any other person in a fictitious name,shall be punishable with imprisonment for a term which may extendto five years.”Payment of RefundBidders other than ASBA Bidders must note that on the basis of the names ofthe Bidders, PAN, DP ID, Beneficiary Account number provided by them in theBid cum Application Form, the Registrar to the Issue will obtain, from theDepositories, the Bidders’ bank account details, including the MICR code. HenceBidders are advised to immediately update their bank account details asappearing on the records of the Depository Participant. Failure to do so couldresult in delays in dispatch of refund order or refunds through electronic transferof funds, as applicable, and any such delay shall be at the Bidders’ sole riskand neither our Company, the Registrar to the Issue, Escrow CollectionBank(s), Bankers to the Issue nor the BRLM shall be liable to compensate theBidders for any losses caused to the Bidder due to any such delay or liableto pay any interest for such delay.Mode of making Refunds for Bidders other than ASBA BiddersThe payment of refund, if any, for Bidders other than ASBA Bidders would bedone through various modes in the following order of preference:1. NECS - Payment of refund would be done through NECS for Bidders

having an account at any of the centres specified by the RBI. This mode

GOODWILL HOSPITAL AND RESEARCH CENTRE LIMITED26

of payment of refunds would be subject to availability of complete bankaccount details including the MICR code from the Depositories. The paymentof refunds is mandatory for Bidders having a bank account at any of theabovementioned centres, except where the Bidder, being eligible, opts toreceive refund through direct credit or RTGS.

2. Direct Credit - Bidders having bank accounts with the Refund Bank(s), asmentioned in the Bid cum Application Form shall be eligible to receiverefunds through direct credit. Charges, if any, levied by the Refund Bank(s)for the same would be borne by our Company.

3. RTGS - Bidders having a bank account with a bank branch which is RTGSenabled as per the information available on the website of RBI and whoserefund amount exceeds ` 2 lakhs, have the option to receive refundthrough RTGS. Such eligible Bidders who indicate their preference toreceive refund through RTGS are required to provide the Indian FinancialSystem Code (“IFSC”) code in the Bid cum Application Form. In the eventthe same is not provided, refund shall be made through NECS. Charges,if any, levied by the Refund Bank(s) for the same would be borne by ourCompany. Charges, if any, levied by the Bidder’s bank receiving the creditwould be borne by the Bidder.

4. National Electronic Fund Transfer (“NEFT”) - Payment of refund shall beundertaken through NEFT wherever the Bidders’ bank branch is NEFTenabled and has been assigned the IFSC, which can be linked to an MICRcode of that particular bank branch. IFSC Code will be obtained from thewebsite of RBI as on a date prior to the date of payment of refund, dulymapped with an MICR code. Wherever the Bidders have registered theirMICR number and their bank account number while opening and operatingthe demat account, the same will be duly mapped with the IFSC Codeof that particular bank branch and the payment of refund will be made tothe Bidders through this method. The process flow in respect of refundsby way of NEFT is at an evolving stage and hence use of NEFT is subjectto operational feasibility, cost and process efficiency and the past experienceof the Registrars to the Issue. In the event NEFT is not operationallyfeasible, the payment of refunds would be made through any one of theother modes as discussed in this section.

5. For all other Bidders, including those who have not updated their bankpart iculars with the MICR code, the refund orders will be dispatchedthrough Speed Post/Registered Post. Such refunds will be made bycheques, pay orders or demand drafts drawn on the Refund Banks andpayable at par at places where Bids are received. Bank charges, if any,for cashing such cheques, pay orders or demand drafts at other centerswill be payable by the Bidders.

Mode of making refunds for ASBA BiddersIn case of ASBA Bidders, the Registrar to the Issue shall instruct the relevantSCSB to unblock the funds in the relevant ASBA Account to the extent of theBid Amount specified in the ASBA Bid cum Application Forms for withdrawn,rejected or unsuccessful or partially successful ASBA Bids within eight WorkingDays of the Bid Closing Date.Disposal of Applications and Application Moneys and Interest in Caseof DelayWith respect to Bidders other than ASBA Bidders, our Company shall ensuredispatch of Allotment advice, refund orders (except for Bidders who receiverefunds through electronic transfer of funds) and give benefit to the beneficiaryaccount with Depository Participants and submit the documents pertaining to theAllotment to the Stock Exchanges after the allotment of Equity Shares andWarrants.In case of Bidders who receive refunds through NECS, NEFT, direct credit orRTGS, the refund instructions will be given to the clearing system within 10Working Days from the Bid Closing Date. A suitable communication shall besent to the Bidders receiving refunds through this mode within 10 Working Daysof the Bid Closing Date, giving details of the bank where refunds shall becredited along with amount and expected date of electronic credit of refund.Our Company shall use best efforts to ensure that all steps for completion ofthe necessary formalities for listing and commencement of trading at all theStock Exchanges where the Equity Shares and Warrants are proposed to belisted, are taken within 12 Working Days of the Bid Closing Date.In accordance with the Companies Act, the requirements of the Stock Exchangesand the SEBI ICDR Regulations, our Company further undertakes that:• Allotment of Equity Shares and Warrants shall be made only in dematerialised

form, including the credit of allotted Equity Shares and Warrants to thebeneficiary accounts of the Depository Participants, within 10 Working Daysof the Bid Closing Date;

• With respect to Bidders other than ASBA Bidders, dispatch of refund ordersor in a case where the refund or portion thereof is made in electronicmanner, the refund instructions are given to the clearing system within 10Working Days of the Bid Closing Date would be ensured. With respect tothe ASBA Bidders’ instructions for unblocking of the ASBA Bidder’s bankaccount shall be made within eight days from the Bid Closing Date; and

• Our Company shall pay interest at 15% p.a. for any delay beyond the10 Working Days’ time period as mentioned above, if Allotment is not madeand refund orders are not dispatched or if, in a case where the refund orportion thereof is made in electronic manner, the refund instructions havenot been given to the clearing system in the disclosed manner and/ordemat credits are not made to investors.

• In case listing permission is not granted to our Company, we shall repaythe money within eight days from the date of refusal by the StockExchange(s). If such money is not repaid within eight days from the day

the Company becomes liable to repay it, the Company and every officerin default shall, on and from expiry of eight days, be liable to repay themoney with interest at the rate of 15% as prescribed under Section 73 ofthe Companies Act, 1956.

Letters of Allotment or Refund Orders or instructions to the SCSBsBidders residing at the centres where clearing houses are managed by the RBIwill get refunds through NECS only, except where the Bidder is otherwisedisclosed as eligible to get refunds through direct credit and RTGS. OurCompany shall ensure that refund orders, if any, are dispatched by registeredor speed post at the sole or first Bidder’s sole risk within 10 Working Daysof the Bid Closing Date. Applicants to whom refunds are made through electronictransfer of funds will be sent a letter through ordinary post, intimating them ofthe mode of credit of refund within 10 Working Days of the Bid Closing Date.In case of ASBA Bidders, the Registrar to the Issue shall instruct the relevantSCSB to unblock the funds in the relevant ASBA Account to the extent of theBid Amount specified in the ASBA Bid cum Application Forms for withdrawn,rejected or unsuccessful or partially successful ASBA Bids within eight WorkingDays of the Bid Closing Date, which shall be completed within one WorkingDay after the receipt of such instruction from the Registrar to the Issue.Interest in case of delay in dispatch of Allotment Letters or RefundOrders/instruction to SCSB by the Registrar to the IssueAllotment of Equity Shares and Warrants in the Issue, including the credit ofallotted Equity Shares and Warrants to the beneficiary accounts of the DepositoryParticipants, shall be made not later than 10 Working Days of the Bid ClosingDate. In case of ASBA Bids, instructions will be issued to relevant SCSBs tounblock the funds in the relevant ASBA Account for withdrawn, rejected orunsuccessful or partially successful ASBAs within 10 working days of the BodClosing Date.Our Company further agrees that it shall pay interest at the rate of 15% p.a.for the period of delay if the allotment is not made or refund orders have notbeen dispatched to the Bidders or if, in a case where the refund or portionthereof is made in electronic manner, the refund instructions have not beengiven to the clearing system in the disclosed manner and / or demat creditsare not made to investors, within 10 working days of the Bid / Issue ClosingDate.In case listing permission is not granted to our Company, we shall repay themoney within eight days from the date of refusal by the Stock Exchange(s).If such money is not repaid within eight days from the day the Companybecomes liable to repay it, the Company and every officer in default shall, onand from expiry of eight days, be liable to repay the money with interest atthe rate of 15% as prescribed under Section 73 of the Companies Act, 1956.

Refunds will be made by cheques, pay-orders or demand drafts drawn on abank appointed by our Company as a Refund Bank and payable at par atplaces where Bids are received. Bank charges, if any, for encashing suchcheques, pay orders or demand drafts at other centres will be payable by theBidders.CommunicationsAll future communications in connection with Bids made in this Issue shouldbe addressed to the Registrar to the Issue quoting the full name of the soleor First Bidder, Bid-cum-Application Form number, Bidders Depository AccountDetails, number of Equity Shares applied for, date of Bid Form, name andaddress of the member of the Syndicate where the Bid was submitted andcheque or draft number and issuing bank thereof.

DECLARATIONNo statement made in this Red Herring Prospectus contravenes any of theprovisions of the Companies Act, 1956 and the rules made thereunder. All thelegal requirements connected with the said issue as also the guidelines,instructions etc. issued by SEBI, Government of India and any other competentauthority in this behalf, have been duly complied with. We further certify thatall statements made in this Red Herring Prospectus are true and correct.Signed by the Board of Directors of our CompanyMr. Kuldeep Rai Chawla ChairmanMrs. Namrata Chawla Managing DirectorMr. Harvansh Chawla DirectorMr. Amanveer Singh Director & CEOMr. Sandeep Singhania DirectorMr. Ram Avtar Poddar DirectorVinod Kumar Grover DirectorFr. Jose Alarico Carvalho DirectorJustice Vijender Jain (Retd.) DirectorMr. Rajeev Anand DirectorMr. Charanjeet Bareja Chief Financial Officer

Date : December 15, 2011Place : New Delhi

GOODWILL HOSPITAL AND RESEARCH CENTRE LIMITED 27

BIDDING CENTRE DETAILS

TIMING FOR SUBMISSION OF BID FORMS / BID REVISIONS FORMSBids and any revision in Bids shall be accepted only between 10.00 a.m. and 5.00 p.m. (Indian Standard Time, “IST”) during the Bid/ Issue Period as mentioned above at the bidding centres and Designated Branchesof SCSBs as mentioned on the Bid cum Application Form. On the Bid/Issue Closing Date, the Bids and any revision in the Bids shall be accepted only between 10.00 a.m. and 3.00 p.m. (IST) and shall be uploadeduntil (i) 4.00 p.m. (IST) in case of Bids by QIB Bidders and Non-Institutional Bidders, and (ii) until 5.00 p.m. (IST) or such extended time as permitted by the Stock Exchanges, in case of Bids by Retail Individual Bidders.

BIDDING OF ASBA APPLICATIONS BY SYNDICATE AND / OR SUB SYNDICATE MEMBERS

SPA SECURITIES LTD.AGRA: Integrated Master Securities (P) Ltd., 19/4 UG 5-6, Vimal Tower, Sanjay Palace, Tel: 0562-3291371; Sharekhan Ltd, F-2, First Floor, Friends Trade Center, Nehru Nagar, Opp.Anjana Cinema, M.G.Marg, Tel: 0562- 4032053; AHEMDABAD: Alankit Assignments Limited, A Block, Ganesh Plaza, 1-2-3 1stFloor Navrangpura; Almondz Global Securities, 2nd Floor, Unit No. 5, Panchratna, Panchvati Circle, C .G. Road, Tel: 079-26402945; Angel Broking Ltd., 101, Mahalaya, Nr. Hotel President, C.G. Road, Tel: 079-55309071-74; Enam Securities Pvt. Ltd., C/O. Mr. Dharmesh R. Shah, 5, Agrawal Centre, Near KalupurCommercial Bank, Income Tax Circle; Enam Securities Pvt. Ltd., C/O. Mr. Ruchiram H. Vidhani, Krishna Enterprise, 28/34, 1st Floor, Narayan Niwas, Kalupur, Kotnirang; Enam Securities Pvt. Ltd., Shivdhara – 7th Floor, Cloth Commercial Centre, Sakar Bazar, Kalupur; Enam Secur ities Pvt. Ltd., Chintan Shah, 676/36, Dhanlaxmi Market, Revdi Bazar; Enam Securities Pvt. Ltd., Marwadi Share & Finance Ltd., Amazone Corporate Park-Par t-4, Behind Navrangpura Post Office, Choice Restaurant Lane, Off C.G.Road; Enam Securit ies Pvt. Ltd., Safal Investments, 1st Floor, Ratnam Complex, Near National Handloom House,C G Road; Enam Securities Pvt. Ltd., Shaswat Stock Brokers Ltd. 307, Shayamak Complex, Opp Excise Bhawan, Near Panjarpol, Ambawadi; Enam Securit ies Pvt. Ltd., Indresh Shah, 43, Kamdhenu Complex, Panjrapole, Ambawadi; Enam Securities Pvt. Ltd., Kalpesh Modi, A/101, Shakti FP 243, Opp JivabhaiTower, Sandeshpress road, Bodkdev; Enam Securities Pvt. Ltd., Gold Chip Investments Advisor, 676/36, Dhanlaxmi Market, Revdi Bazar ; Eureka Stock &Share Broking Services Ltd., Shiwalik Corporate Park, B-Block, R.No. 405-A, Near 10-C, Petrol Pump, Shivrangani Cross Road, Satellite; Fairwealth Securit iesPvt Ltd, 108, HJ House, Opp I G P Petro l Nera Ram Bagh Police Station , Mani Nagar, Tel: 079 - 30484848-57; For tune Equity Brokers (I) Ltd, 5, Asia House, Swastik Cross Road, Nr. Pizza Hut, Navrangpura, Tel: 079-40077088-89; Innovate Securit ies Pvt Ltd, 1st Floor, Devashish, 39, Sardar Pate l NagarRoad, Nr. Hotel Nest, Ellisbridge, Tel: 079 – 26560510; JM Financia l Services, G-10, Chinubhai Centre, Gr Floor, Nehru Bridge Corner, Ashram Road, Tel: 079 - 26576666-70; JM Financia l Services, B 101, Shivalik Plaza, Opp AMA, IIM Road. Ambawadi, Tel: 079 - 39826727/6700; Kalyanbhai MayabhaiStock Brokers Pvt Ltd, 705, Sakar:-1, Opp. Gandhigram Rly. Station, Navrangpura; Kalyanbhai Mayabhai Stock Brokers Pvt Ltd, 74. Kamdhenu Complex, Opp. Sahjanand Collage, Ambawadi; KIFS Securities Ltd, B-71, Pariseema Complex, C.G. Road, Navrangpura; Master Capital Services Ltd, 350/1, New ClothMarket, O/S Raipur Gate Sarangpur; Nitin Parikh & Co., 101, Akashganga, Nr. Dr. Munshi’s Nursing Home, Gujarat College Road, Ellisbridge, Tel: 079 - 26404510-13; Pravin Ratilal Share And Stock Brokers Ltd, Sakar - I, 5th Floor, Opp Gandhigram Rly Station, Navrangpura, Tel: 26553700; SharekhanLtd, 201, Dynamic House, Near Vijay Cross Road, Navrangpura, Tel: 66060141-42; Shr i Parasram Holding Pvt Ltd, A-70, Kamdhanu Complex, Opp Shah Janand Collage, Ambawadi; Sumedha Fiscal Services Ltd, A/82, Parisima Complex, C.G.Road, Tel: 079-30023337; ALLAHABAD: Master Capital ServicesLtd, Prem Pusp Plaza, 25-B-1/ FF-1, M S Marg, Civil Lines; Sharekhan Ltd, 1st Floor, Shop No.14 & 15, Vashishti Vinayak Tower, Nr Yatrik Hotel, Tashkant Marg, Civil Lines, Tel: 0532 - 2260 848-54; AMRITSAR: CIL Secur ities Limited, 4, Queen’s Complex, Queen’s Road, Tel: 0183-2564948; CIL Securities Limited,S-25-455, Bazar Bikanerian, Inside Flyking courier Premises Katra Ahluwalia Chowk, Tel: 0183-2291733 ; Enam Secur ities Pvt. Ltd., V. GOyal Financia l Services Ltd, 12, Kesri Bagh, Opp. D S Market, Tel: 0183 - 2531453 / 2540461; For tune Equity Brokers (I) Ltd, 72-A, Tailor Road, Opp AGA Heritage Club,Tel: 0183 – 2810011; KIFS Securities Ltd, Kapil Khurana Financial & Risk Solutions Pvt. Ltd. 123(A) Shastri Nagar, Laurance Road; Sharekhan Ltd, 5 Deep Complex, 1st floor , Opp Doaba Automobiles , Court Road, Tel: 0183 - 6451903-05; ANAND: Sharekhan Ltd, F-5 Prathna Vihar,Anand Vidya NagarRoad, Tel: 02692-245614-16; BANGALORE: Alankit Assignments Limited, 42, 2nd Floor, 46-E, Lal Bagh Road; Almondz Global Securit ies, S-108, South Bvlock, Manipal Centre, Dickenson Road, Tel: 080-40806333; Angel Broking Ltd., Door No 101/102, No. 17, 1st Floor Shah Sultan Complex, Cunnigham Road,Tel: 080-41432900; CIL Secur ities Limited, 219, Kataria House, Kamraj Road, Bangalore-560042, Tel: 080-25548913-15; Enam Secur ities Pvt. Ltd., #10/3, Ground Floor, No. 29, Empire Infantry, Infantry Road; Fairwealth Secur ities Pvt Ltd, 110/1, Wodeyar Complex, Next to Bata Showroom, Between 7&8 CrossMaleswaram, Tel: 080 - 41490152-13; Fortune Equity Brokers (I) Ltd, Premises No. 6 & 7, Sri Raghaven dra Complex, 417/1, 10th Main Road, IV Block, Jayanagar, Tel: 080 – 30016000; JM Financial Services, 97/4, Residency Road, Tel: 080 – 30912400; KIFS Securit ies Ltd, A/210, Mttal Tower, MG Road;Sharekhan Ltd, #2307, Swanlines Building, 12th Main Road, Jayanagar 3rd Block East, Tel: 080 – 42876 666; Sharekhan Ltd, 2nd Floor, Shop No. 5, Shopping Complex Road, Electronic City, Tel: 080 – 43226666; Sumedha Fiscal Services Ltd, Park Plaza, Flat No. F2, Flat No. F3, Ist Floor, New No. 1/3 ParkRoad, Tel: 080-41242547; BELGAUM: Fortune Equity Brokers (I) Ltd, CTS No. 13, Ganesh Empire, Ist Floor, Khanapur Rd, Tilakwadi, Tel: 0831 – 4214222; Sharekhan Ltd, 44-Corporation Shopping Complex, Goaves, Hindwadi, Tel: 0831-2427077 ; BHARUCH: Sharekhan Ltd, 221-227 2nd Floor, Dream LandPlazza, Opp Nagar Palika, Station Road, Tel: 02642 244998 / 99; Sharekhan Ltd, 228-229, 2nd Floor, Aditya Complex, Kasak, Tel: 02642-226243-44; BHAVNAGAR: Sharekhan Ltd, Gangotr i Plaza, 8A 3rd Floor , Opp Dakshinamurti School , Waghawadi Road, Tel: 0278 - 2573938-39; BHOPAL: Enam Securit iesPvt. Ltd., Kalpataru Multiplier Pvt. Ltd., Kalpataru House - 18, Itwara (Near Brijisia Masjid); Sharekhan Ltd, Shop No. 114, 115 & 116, 1st Floor, Plot No. 2, Akansha Parisar, Zone-1, M.P. Nagar, Tel: 0755 – 4291600; BHUVNESHWAR: KIFS Securities Ltd, 210, 2nd Floor, Janpath Tower, Ashok Nagar; CHANDIGARH:Alankit Assignments Limited, SCO-16&17, Grd Floor, Sector 34-A; Fairwealth Securities Pvt Ltd, SCO 28, 29,30, Sector 19, Madhya Marg, Tel: 0172 - 5059080-90; Fortune Equity Brokers (I) Ltd, SCO No. 4-5, Iind Floor, Sector 9D, Tel:0172 - 4695600/611; Master Capita l Services Ltd, SCO 22-23, 2nd Floor,Sector 9D; Sharekhan Ltd, SCO: 185,1st Floor, Sector 38-C, Tel: 0172- 4643000; CHENNAI: Alankit Assignments Limited, 109&110, 3rd Floor. Charmiers Road, Teynampet; Almondz Global Securities, 1/B, 1st Floor, Royal Court No. 41, Venkatnarayana Road, T Nagar, Tel: 044-43473666/42127446; Angel BrokingLtd., Gr Floor, 45, TTK Road, Alwarpet, Tel: 044-42269000; Dalal & Broacha Stock Broking Pvt Ltd, 2, Park View, 2nd Floor, 85, G N Cheety Road, Tel: 044 – 28158233; Eureka Stock &Share Broking Service s Ltd., Karnani Archieves, 154, Ptcroft Road, Near Roypettah Clock Tower; Fairwealth Securit ies PvtLtd, Rahab Tower, First Floor, New No. 522, Old No. 706, P H Road, Aminjikarai, Tel: 044-698596-98; Sharekhan Ltd, Old No. 21 New No. 35, 3rd Floor, EVS Towers, Dr. Radhakr ishnan Salai, Mylapore, Tel: 044 - 43009001- 06; Sharekhan Ltd, Sree Arcade Plaza, New No 106 , Old No 91, D Block, 2ndFloor. 1st Avenue, Chintamani, Anna Nagar (E); Sumedha Fiscal Services Ltd, 2B, Park Centre, 25 Venkatanarayana Road,, Tel: 044-42125901; Systematix Shares & Stocks (I) Ltd, 4th Floor, Block C & D, Ega Trade Centre, 809, Poonamallee High Road, Kilpauk, Tel: 044 - 30582078/80; COIMBATORE: FortuneEquity Brokers (I) Ltd, No. 574C, Iind Floor, Vayaluraan Towers, DB Road, R S Puram.; Sharekhan Ltd, 129-A, T.V. Swamy Road West, Above ‘Johnson Kitchens’ Showroom, 1st floor, R. S. Puram, Tel: 0422-2547771; DEHRADUN: CIL Securities Limited, S.No. 201, 38, Dispensary Road, Tel: 0135-3190011; FairwealthSecurit ies Pvt Ltd, Ist Floor, City Centre, 54, Rajpur Road, Tel: 0135 – 6450127; For tune Equity Brokers (I) Ltd, Premises No. 20.21.22, 2nd Floor, 57/19, Rajpur Road, Opp Secretarient; Sharekhan Ltd, 75/8, Rajpur Road, Near Raj Plaza, Opposite SBI Life Insurance, Tel: 0135 - 2740190-94; FARIDABAD:Chugh Securities (P) Ltd, B-463, Ist Floor, Nehru Ground, NIT , Tel: 0129 – 4036500; Sharekhan Ltd, SCF 56, 1st Floor, Near Reebok Showroom, Sector - 15, Main Market, Tel: 0129 - 2220825/26; GHAZIABAD: Sharekhan Ltd, J-3 2nd Floor, RDC, Raj Nagar, Tel: 0120-4154003; Shri Parasram Hold ing PvtLtd, Plot No. 91, Ist Floor, Kalka Gari Chowk, Ambedkar Road; GORAKHPUR: Sharekhan Ltd, Shop No :- F1, F2 ,F3 , Narayan Tower, Gandhi Gali , Golghar; GURGAON, Bhartat Bhushan & Co., 265, Centra l Arcade Phase II, DLF City; Fairwealth Securit ies Pvt Ltd, 651-652, Udyog Vihar Phase V; SharekhanLtd, GF 10 JMD Regent Square,DLF Phase II ,Near Chakarpur Opp Sahara Mall,Main Mehrauli Gurgaon Road; GWALIOR: Sharekhan Ltd, Port ion No.3, 1st Floor , Parimal Complex, Opp.Kotchar Petrol Pump, Chetakpuri Square, Madavrao Scindhia Marg; GUWAHATI: Sharekhan Ltd, Bhagwati Commercials,2nd Floor, Sikaria Compound, Opp. Hotel Pragati Manor, Chr istianbasti, G S Road; Sumedha Fiscal Services Ltd, 303, Royal Plaza, Christian Basti; HISSAR: Sharekhan Ltd, Shop no. 3 Building No. 2040/18, Behind Elite Theatre, Near Vishvakarma Dharamshala; Shri Parasram Holding Pvt Ltd, 123, GreenSquare Market, Opp Dr. Khetar Pal Hospital; Shri Parasram Holding Pvt Ltd, 57, Red Cross Market, Near OBC; HYDERABAD: Alankit Assignments L imited, 1-8-54/1/1, 1st Floor, P.G. Road; Angel Broking Ltd., Osman Plaza, 6-3-352, 3rd Floor, Rd. No. 1, Banjara Hills; CIL Securit ies Limited, 214, Raghava RatnaTowers, Chirag Ali Lane, Abids; Fortune Equity Brokers ( I) L td, Prathima Schalass, 3-5-798/G-1-4, King Koth i Road, Basheerbagh; JM Financial Sercives, 9-10, Uma Chambers, 3rd Floor, Banhara Hills; JM Financial Services, 3rd Floor, 305 Jade Arcade, Opp Paradise Hotel, M.G. Road; KIFS Securities Ltd,1st Floor, NV Plaza, Dwarkapuri Colony, Saibaba Temple Street, Punjgutta; Master Capital Services Ltd, LG-15, Lower Ground Floor, Bhavana Tower, CMR Complex, S D Road; Sharekhan Ltd, 7-1-22/3/1-5/C, Afzia Towers,1st Floor, Begumpet; Sumedha Fiscal Services Ltd, 3F, Lumbini Arcade, Begumpet; SystematixShares & Stocks (I) Ltd, 3-6-142/A/3, 2nd Floor, Opp HDFC Bank Ltd, Above Galazy Café, Himayat Nagar Main Road; INDORE: Angel Broking Ltd., UG no. 16-19, Commerce House, 7 Race Course Road; CIL Securities Limited, 41 Krishi Vihar, Near Tilak Nagar; Enam Securities Pvt. Ltd., 320, City Center, M.G.Road; JM Financial Sercives, UG-7&8, Ground Floor, D M Tower, 21/1, Race Course Road; KIFS Secur itie s Ltd, 301, Sham Tower, 164/2, RNT Marg, Opp Shreemaya Hotel; Sharekhan Ltd, 102-104 Darshan Mall,15/2 Race Course Road; Systematix Shares & Stocks (I) Ltd, 206/207, 2nd Floor, Banshi TradeCentre, 565/561 M G Road; JAIPUR: Alankit Assignments L imited, 101-104, Luhadia Tower, Ashok Marg C Scheme; Almondz Global Securities, 512, 4th floor, Shalimar Complex, Church Road, M.I. Road, near Om Tower Hotel; Angel Broking Ltd., 2/3, 1st floor, Multi Story Complex, 1st M.I. Road; Bharat Bhushan,412, City Mall, C - 21B, Bhagwan Das Road; Bhartat Bhushan & Co., 412, City Mall, C-21B, Bhagwan Das Road; CIL Securit ies L imited, A-11, Maheshwari Colony, Tonk Pathak; Eureka Stock &Share Broking Services Ltd., 213/214, Jaipur Towers, MI Road, Opposite AIR; Fairwealth Securities Pvt Ltd, 411, 4thFloor, Ganpati Plaza, M I Road; Fairwealth Securities Pvt Ltd, K 11, 601, Luhadia Tower, Ashok Marg, C Scheme; For tune Equity Brokers (I) Ltd, 207 & 208, Iind Floor, Trimurti’s Luhadia Tower, Ashok Marg., C Scheme; JM Financial Services, G-7 & G8, Bridge Anukamba, Plot No K-13, Ashoka Marg, C Scheme;KIFS Securities Ltd, 501, Crystal Mall, Jaisingh Highway, Banipark; KJMC Capital Market Services Limited, 41, Jai Jawan Colony II, Tonk Road, Durgapura; Raj Kumar Baheti, D/5 Chand Pole Anaj Mandi; Raj Kumar Baheti, 33 Sudershan Pura Industries Area; Sharekhan Ltd, Flat No 401/402, 4th Floor, GreenHouse,Ashok Marg, C-scheme; SS Corporate Securities L imited, 201-202, G-8, Geeta Enclave, C Scheme, Vinoba Marg; Sumedha Fiscal Services Ltd, 36-A, Suraj Nagar (E), Civil Lines; Systematix Shares & Stocks ( I) Ltd, 201, Gaurav Tower, Malviya Nagar; JALANDHAR: Fairwealth Securities Pvt Ltd, 2nd Floor,Nirmal Complex, EH198, Civil Lines G T Road; For tune Equity Brokers (I) L td, 202, Rampa Centre Point, I ind Floor, Above KFC Restaurant, Model Town Market; JAMMU: Fortune Equity Brokers (I) Ltd, Shop 1775, Plot No. 41, Opp Dhudhadhar i Temple, Shastri Ngr; Sharekhan Ltd, 211 A-2, 2nd Floor, SouthBlock, Bahu Plaza; JAMNAGAR: Sharekhan Ltd, 4/5, Avantika Commercial Complex, 2nd Floor, Limda Lane Corner; Sharekhan Ltd, Makwana Society, Plot No. 24, Indiara Raod, Opp L.G. Har ia School; JHODHPUR: KIFS Secur ities Ltd, C/Block Takia Chand Shah, Opp. Sojati; Enam Securities Pvt. Ltd., 74, 2ndFloor, Gulab Bhavan, Chopasani Road; Sharekhan Ltd, A-3 1st Floor, Olympic Tower, Station Road; KANPUR: Angel Broking Ltd., 301-303, Krishna Tower Civil L ines; CIL Securities Limited, 3&4, Prabhu Rachana, 13/386-D, Civil Lines, Opp. RFC Off ice; For tune Equity Brokers ( I) L td, 401, 4th Floor, KrishnaTower, 15/63, Civil L ines; Sharekhan Ltd, Ground Floor, 28, Bhargava Estate, 16/116, Civil Lines; Systematix Shares & Stocks (I) Ltd, 15/59-F, Sidharth Bldg, Civil Lines; KOCHI: KIFS Secur ities Ltd, Room no. 72, Jacob DD Mall, Near Jayalakshmi Silkm, MG Road; Sharekhan Ltd, Chicago Plaza, 1st Floor, RajajiRoad; KOLKATTA: Alankit Assignments Limited, 1-19, 2nd Floor , Main Building, Muker jee Road; Almondz Global Secur ities, Prasad Chambvers, Block B-201, 2nd f loor , 10A, Shakespeare Sarani; Angel Broking Ltd., Lords, 1st floor, Suite No. 106 & 108, 7/1, Lord Sinha Road; Dalal & Broacha Stock BrokingPvt Ltd, D&B Stock Broking Pvt Ltd, 15/2, Central Park, P.O. Jadavpore; Enam Securities Pvt. Ltd., C/O. Mandar Financial Services Pvt. Ltd., 3rd Floor, 305- A, Vinayak Chambers, 10-A, Hospital Street, Opp. Jyoti Cinema; Enam Securities Pvt. Ltd., S - 205, Ideal Plaza, 11/1, Sarat Bose Road; Eureka Stock &ShareBroking Services Ltd., B3/5, Gillander House, 8, N.S. Road; Eureka Stock &Share Broking Services Ltd ., 9B, Wood Street, 1st Floor ; JM Financial Services, Kankarla Estate, 8th Floor, 6th Little Russell Street; KIFS Securities Ltd, 1, RN Mukher jee Road, 5th Floor, Room no. 5; Master Capital Services Ltd, 6th Floor,Sabherwal House, 55B, Mirza Galib Street; Microsec Capital L imited, 53, Syed Amir Ali Avenue, Shivam Chambers; Raj Kumar Baheti, 25/C Shibtalla Street Dack Pati Bazar; Sharekhan Ltd, Kankaria Estate,1st Floor, 6-Litt le Russell Street; Sharekhan Ltd, 75/64 S N Roy Road; Sumedha Fiscal Services Ltd, 8B, Middleton Street, Geetanjali Apartments, Flat No. 6A, 6th Floor; Systematix Shares & Stocks (I) L td, 1 Old Court House Corner, Tobacco House, 2nd Floor ; LUCKNOW: Almondz Global Securit ies, 1st Floor, Shukla Palace, B-1, Sapru Marg; Angel Broking Ltd., 4th floo r, shalimar square, B.N. Road, Lalbagh;Fairwealth Securities Pvt Ltd, Ist Floor, Mahavir Plaza, 24, B N Road, Lal Bagh; Master Capita l Services Ltd, 602, 6th Floor, Ratan Square, 20-A, Vidhan Sabha Marg; Sharekhan Ltd, 2/159, Vivek Khand, Gomti Nagar; Systematix Shares & Stocks (I) Ltd, 12-B N Ghai Lane, 120/1, Lal Bagh, 2nd Floor, IndraPlaza; LUDHIANA: Almondz Global Securities, SCO - 16&17, 3rd Floor , Fortune Chambers, Firoze Gandhi Market, Firozepur Road; Fortune Equity Brokers (I) Ltd, SCO No. 3, Ist Floor, Bawa Bldg, Feroze Gandhi Market; Master Capital Services Ltd, Master Chambers, 19, Feroze Gandhi Market; SharekhanLtd, SCO 145 1st Floor Feroze Gandhi Market, Near Ludhiana Stock Exchange; Fairwealth Securities Pvt Ltd, Shanghai Tower 13, 3rd Floor, Feroz Gandhi Market; MANGALORE: Fortune Equity Brokers (I) Ltd, No. 205, 2nd Floor, Inland Avenue, M G Road; Sharekhan Ltd, C-1, 1st Floor, Presidium CommercialComplex, Anand Shetty Circle, Attavar; MEERUT: Sharekhan Ltd, 105, Om Plaza, Begum Bridge Road; Shri Parasram Holding Pvt Ltd, 185/5, Thapa Nagar; Moradabad, Almondz Global Securities, Shankar Dutt Sharma Marg, Civil Lines; MUMBAI: SPA Securities Limited, 101-A, 10th Floor, Nariman Point, Tel: 022-40439000; SPA Securities Limited, SPA House, Nyaysagar, Opp. Gurunanak Hospital, Kalanagar, Off BKC Complex, Bandra (E), Tel: 022-42895600; Alankit Assignments Limited, RR House Ideal Industrial Estate, Senapati Bapat Marg, Lower Parel; Almondz Global Securities, 9, Crescent Chambers, 2nd Floor, 56 Tamarind Lane,Fort; Almondz Global Securit ies, Grande Palladium, Level - 5, 175, C.S.T Road, Kalina, Santacruze (E); Angel Broking Ltd., Unit - 24, Keytuo Industr ial Estate, 2202, Kondivita Road, Andheri (E); CIL Securities Limited, 20, Great Western Building, 130/132, II Floor, Shahid Bhagat Singh Marg, Opp. L ions Gate;Dalal & Broacha Stock Broking Pvt Ltd, 21, Olympus Bldg, 2nd Floor, 179/81, Perin Nariman Street, Bazargate, Fort; Dalal & Broacha Stock Broking Pvt Ltd, 2, Karishma, Utkarsh Mandal Chowk, Mahant Road, Vile Parke (East); Dalal & Broacha Stock Broking Pvt Ltd, Ask Investment Services, 2B, Moiz Apts, GroundFloor, Nr BSES, Santacruz (East); Enam Securities Pvt. Ltd., Khatau Build ing, 2nd Floor, 44, Bank Street, Off. Shahid Bhagat Singh Road; Enam Securities Pvt. Ltd., 201, Laxmi Towers, ‘A’ Wing, Bandra-Kur la Complex, Bandra (East); Enam Securities Pvt. Ltd., 401, Laxmi Towers, ‘A’ Wing, Bandra-Kurla Complex,Bandra (East); Enam Securities Pvt. Ltd., 801/802, Dalamal Towers, Nariman Point; Enam Securities Pvt. Ltd., Bluechip corporate Investment centre Ltd., Office No. 004 , Gr.Floor, Vardhman Complex Near Panjab & sindh Bank, L.B.S. Marg Vikhroli (W); Eureka Stock &Share Broking Services Ltd., Raheja Chambers,R.No. 909, 9th Floor, 213, Nar iman Point; Fairwealth Securities Pvt Ltd, Unit 12, 2nd Floor, Sonawala Apollo Bldg, Samachar Marg, Opp BSE , Fort; Fairwealth Secur ities Pvt Ltd, 406, Center Square, 4th Floor, S V Road, Andheri West; Fortune Equity Brokers (I) Ltd, Ist Floor , 59, Sonawala Bldg, B S Ma rg,Fort; For tune Equity Brokers ( I) Ltd, A-2, Gala Kunj Apartment, Dr Ambedkar Road, Mulund(W); For tune Equity Brokers (I) Ltd, 9, Dinar Bldg, Backside Ground Flr, Station Road, Santacruz (W); Fortune Equity Brokers (I) Ltd, 204, Cosmos Avenue, 2nd Floor , Opp Khandelwal Sweets, Station Road, Thane(W); Guiness Securities Limited, PJ Tower, Room No. 216, Dalal Street, Fort; HDFC Securities Limited, I Think Techno Campus, Building - B, “Alpha”, Office Floor 8, Opp. Crompton Greaves, Near Kanjurmarg Station, Kanjurmarg (East); Hitesh Shah Shares & Stock Brokers, 75, Perin Nar iman Street, Near VT Station, Fort; Integrated Master Secur ities (P) Ltd. , 8, Crescent Chamber, 2nd Floor, Homi Modi Cross Street, For t; JM Financia l Sercives, 2,3,4 Kamanwala Chambers, P M Road, Fort; JM Financial Ser cives, 1st Floor, Patel House, Next to Bank of Baroda, M G Road, Vileparle (E); JM Financial Sercives,Shop No 6, Dattani Trade Center, Chandra Varkar Road, Borivali (W); JM Financial Sercives, Palm Court, M-Wing, 4th Floor, Goregaon Link Road, Malad West; JM Financial Sercives, 424/425, Kalidas Plaza, V B Lane, Ghatkopar East; JM Financia l Sercives, Ground Floor, Anushka, New Link Rd, AndheriWest; Kaushik. N. Shah, 101, Chandan Chamber, Ist Floor, 138, Mody Street, Fort; Key Note Capitals Ltd, 4th Floor, Balmer Lawrie Bldg., 5, JN Heredia Marg, Ballard Estate; KIFS Securities Ltd, 1801, 18th Floor, Stock Exchange Tower, Dalal Street; KJMC Capital Market Services L imited, 168 Atlanta, Nar imanPoint; LKP Securities Ltd, Bank of Maharashtra Bldg, 45/47, B S Marg, Fort; Microsec Capital Limited, 74A, Mittal Towers, 7th Floor, 210, Nariman Point; Sharekhan Ltd, 1st f loor, Hamam House, Hamam Street, Fort ; Sumedha Fiscal Services Ltd, C-703, Marathon Next Gen Innova, Off Ganpatrao Kadam Marg,Opp Penninsula Corporate Park, Lower Parel; Systematix Shares & Stocks (I) Ltd, 3rd Floor, JK somani Building, British Hotel Lane, Near Stock Exchange, Fort; NAGPUR: CIL Securities Limited, Surjan Nivas, Itwari Bhaji Mandi, Near Ahinsa Bhawan; Enam Securities Pvt. Ltd., C/O Swap Portfolio, V C A Ground,Above NCC Office, Civil Lines; Sharekhan Ltd, Plot No. 79, 1st Floor, Universal Annex, Dharampeth Extension, Opposite New Wockhardt Hospital, Shivaji Nagar; Sharekhan Ltd, 409/412, Heera Plaza, Near Telephone Exchange Square, Central Avenue; NEW DELHI: SPA Securities Limited, 25, C-Block, CommunityCentre, Janak Puri, Tel: 011-45675500; Alankit Assignments Limited, 2E/21 Jhandewalan Ext; Almondz Global Securities, 2nd Floor, 3, Scindia House, Janpath; Angel Broking Ltd., A-56, Part 70, 1st Floor, Najafgarh Road; Bharat Bhushan, 304, Rohit House, 3 Tolstoy Marg; Bharat Bhushan, 5E, Jhandewalan Extn.,Rani Jhansi Road; Bharat Bhushan, 18, Vasant Arcade, Vasant Kunj; Bhartat Bhushan & Co, 304, Rohit House, 3, Tolstoy Marg; Bhartat Bhushan & Co., 5E, Jhandewalan Extn, Rani Jhansi Road; Bhartat Bhushan & Co., 18, Vasant Arcade, Vasant Kunj; Chugh Securities (P) Ltd, Shop No. 22, 2nd Floor, NewMarket, Malviya Nagar; Chugh Securities (P) Ltd, Unit 201, 205, 207, Vardhman Crysta l Plaza, 2nd Floor, CD Block, Pitampura; Chugh Securities (P) Ltd, F-23, Kolhapur Road, Kamla Nagar; Chugh Secur itie s (P) Ltd, 1/9277, West Rohtash Nagar, Shadhara; Chugh Securit ies (P) Ltd, 207, Bhera Enclave,Outer Ring Road; Chugh Securit ies (P) Ltd, 4/5823, Dev Nagar, Karol Bagh; Dalal & Broacha Stock Broking Pvt Ltd, 18/17, WEA, Dakha House, Karol Bagh; Enam Securities Pvt. Ltd., M-39,IInd Floor ,Outer C ircle, Opp.Super Bazar,Connaught Place; Fairwealth Securit ies Pvt Ltd, UG - 3, Somdutt Chamber-II, 9, Bhikaji Cama Place; Fairwealth Securities Pvt Ltd, G 4, Aggarwal Bhawan, 35-36, Nehru Place; Fairwealth Securities Pvt Ltd, 203 V4, Mayur Plaza, Above HDFC Bank, Acharya Niketan, Mayur Vihar Phase I; Fairwealth Securities Pvt Ltd, 895/8, Shop No. 6&7, Gr. Floor, Mehrauli Main Market; Fortune EquityBrokers ( I) Ltd, A-71, 7th Floor, Himalaya House, 23, Kasturba Gandhi Marg; Integrated Master Secur ities (P) Ltd., 303-304, 3rd Floor, New Delhi House, 27 Barakhamba Road; JM Financia l Services, 114 Himalya House, 23, K G Marg; KIFS Secur ities Ltd, S-1, 2nd Floor, Manish Abhinav Plaza, Plot-11,Sec-4, Dwarka; KJMC Capital Market Services Limited, 221-Hans Bhavan, Near ITO, Bahadur Shah Zafar Marg; Master Capital Services Ltd, 801, 8th Floor , Arunachal Bldg, 19, Barakhamba Road; Sharekhan Ltd, 94 Darya Ganj, Ground Floor ; Sharekhan Ltd, 202, Sarswati House, 27 Nehru Place; ShriParasram Hold ing Pvt Ltd, C-8, S.P.H House Nimri Shopping Center, Bharat Nagar, Ashok Vihar ; SS Corporate Securities Limited, NDM-2, D-Block, Netaji Subhash Place, Pitampura; Sumedha Fiscal Services L td, B1/12, Safdarjung Enclave, Iind Floor; Systematix Shares & Stocks (I) Ltd, 517, Indraparaksh Bldg,5th Floor , 21, Barakhamba Road; NOIDA: Almondz Global Securities, 401, Ocean Plaza, P-5, Sector 18; Bharat Bhushan, 218, Krishna Apra Plaza, Sector 18; Sharekhan Ltd, P-12A, 3rd Floor, BHS Liberty, Sector-18; PANJIM: Sharekhan Ltd, F49/F50, 1st Floor, ‘B’ Block, Alfran Plaza, M.G. Road; PATNA: EnamSecurities Pvt. Ltd., C/O Narnolia Securit ies Pvt. Ltd., 504/507, Ashiana Plaza, Budh Marg; Eureka Stock &Share Broking Services Ltd., 408, Ashiana Harin iwas, Dak Bungalow Road; Sharekhan Ltd, 406-407 B,Ashiana Plaza,Budh Marg; PUNE: Almondz Global Securities, 1st f loor, Surya Bhavan, College Road,Shivaji Nagar ; Angel Broking Ltd., 2nd Floor, Dealing Chambers, J.M. Road; Dalal & Broacha Stock Broking Pvt Ltd, Swanand Samudra, Sagar Art Palace, 47/2, Opp Surabhi Karyalaya, Taware Colony; Enam Secur ities Pvt. Ltd., 1248A Asmani Plaza, Deccan Symkhana, Shivaji Nagar; Enam Securities Pvt. Ltd.,101 & 102, Silver Prestige, 1st Floor, Opp MCCIA, Tilak Road, Swargate; Fairwealth Securities Pvt Ltd, Office No. 105, Ist floor, City Centre, Nr. Garware College, Karve Road; Fortune Equity Brokers (I) Ltd, 37/2/C, Modi Mansion, Ist Floor, Shankerseth Road; JM Financial Services, 205 Business Guild, Opp KrishnaDuning Hall , Law College Road, Erandawane; KIFS Securities Ltd, 64, Rajani Bunglow Shivaji Housing SOC OFF Senapati Bapat Road B\h ICC Tower, Chatur Surangi; Sharekhan Ltd, 301, Millen ium Plaza, 3rd Floor, Opp Fergusson College main Gate, Fergusson College Road,Shivaji Nagar; SystematixShares & Stocks (I) Ltd, 1271, Mansingh Manor, Near Hotel Purab, Opp Central Bank, Shambhaji Bridge, Deccan Gymkhana; Systematix Shares & Stocks (I) Ltd, 1277, Renaissance above SBI 659 JM Road, Shivaji Nagar; RAIPUR: Fairwealth Securities Pvt Ltd, Ist Floor , Gauri Shanker Appt, Main Rd Satti Bazar;Sharekhan Ltd, 2nd Floor, Laxmi Bhawan, Opposite Sun & Sun Jewelers, Main Road Sadar Bazaar ; RAJKOT: Angel Broking Ltd., 101-Race Course Plaza, Race Course Ring Road; Enam Securit ies Pvt. Ltd., 308, 3rd Floor, Toral Commercial Complex, Jawahar Road ,Near Galaxy Hotel; Enam Securities Pvt.Ltd., ANS Pvt Ltd., Arham Financial Centre, Panchnath Main Road, Harihar Chowk; Enam Secur ities Pvt. Ltd., Anil Dhulia, FLR, Dr. Radhakrishan RD, Nr Panchnath Mandir, Harihar Chowk; Enam Secur ities Pvt. Ltd., Marwadi Share & Finance Ltd., “Marwadi Financial Plaza” 150Ft. Ring Road Near ICON Mall;Fortune Equity Brokers (I) L td, Shop 1&2, Ground Floor, Marutinandan Complex, Jawahar Road, Opp Hotel Galaxy; JM Financial Services, 202 Solita ire, 2nd Floor, Swami Vivekanand Marg, Near Municipal Commissioner Bunglow, Ramkrishna Nagar; KIFS Securities Ltd, 206, “Solitaire” , 150 F.T.Ring Road,Above Jade Blue, Near Big Bajar, Kalawad Road; Nitin Parikh & Co., C/O Shreeram Finsec Pvt Ltd, 334- 35-36, Star Chambers, Har ihar Chowk; Sharekhan Ltd, 102/103,Hem Arcade, Opp Vivekanand Statue, Dr Yagnik Road; Sharekhan Ltd, 4-Naveen Complex,Kotechanagar Main Road, Opp.Kotecha Gir lsHigh School; Vora Finstock Pvt Ltd, “Chunilal-Mansion” 2, Panchnath Plot; RANCHI: Enam Securities Pvt. Ltd., C/O Narnolia Securities Pvt. Ltd., 31-34, 2nd Floor, Main Road, A.C. Market, Gen. Church Complex; Eureka Stock &Share Broking Services Ltd., G-2, Qtr, Shree Gopal Complex, Court Road; SharekhanLtd, Shree Gopal Complex,4th Floor,Room No I,Court Road; SURAT: Angel Broking Ltd., 202, Empire State Bldg, Ring Road; CIL Secur ities Limited, 333, City Light Shopping Centre, Opp. Indraprast appts, City Light; Fairwealth Securities Pvt Ltd, G-10, Empire State Bldg, Nr Ring Road; Fortune Equity Brokers(I) Ltd, L 22,23, Hira Panna Shopping Complex, Nr . Mahashwari Bhawan City, L ight Road; JM Financial Services, 407, 4th Floor, 21 Century Business Centre, Near Udhna Char Rasta, Ring Road; KIFS Securit ies Ltd, 304, 21 Century Ring Road; Sharekhan Ltd, M-1 to 6,Jolly Plaza, Mezzanine Floor , AthwaGate; Systematix Shares & Stocks (I) Ltd, Jash Textile Market, 2036/2037, Ring Road, Nr Sahara Darwaja; TRIVANDRUM: Sharekhan Ltd, Laxmi Bldg.,1st Floor, T.C.No.26/430, Vanrose Road; UDAIPUR: Sharekhan Ltd, 17 C Kutumb Appt., Opp. ICICI Bank, Madhuban; VADODARA: Enam Securities Pvt. Ltd., C/O.U. J. Master, 642, Fortune Towers, Sayajiganj; Enam Secur ities Pvt. Ltd., GF 9, Silverline Towers, Opp BBC Towers, Sayajiganj; For tune Equity Brokers (I) Ltd, Premises No. 19, 20& 21, Ritu Kalash, Tulsi Dham, Char Rasta, Manjalpur; JM Financia l Services, G1, Ground Floor, Shohan, 49, Alkapuri Society, OppHDFC Bank, Alkapuri; Sharekhan Ltd, 6-8/12,Sakar Complex,1st Floor, Opp ABS Tower, Haribhakti Extension, Old Padra Road; VARANASI: Sharekhan Ltd, 2nd Floor, Banaras TVS Bldg., D-58/12, A-7, Sigra; VIJAYWADA: CIL Securit ies Ltd, Lakhotia Complex, D.No. 39-17-4, Sivanandam Street, Opp. Kalanja li,M.G.Road, Labbipet; Sharekhan Ltd, Centurian Plaza, D. No: 40-1-129, 2nd f loor, Old coolex Building, M.G. Road; VISHAKHAPATNAM: Angel Broking Ltd., Vidisha Towers, 47-14-10, Dwarka Nagar; CIL Secur ities Ltd, Flat No. C-1, II Floor, Pawan Enclave, 30-15-153/21, Daba Gardens; JM Financial Services,Door No. 9-1-224/4/3, First Floor, Nandan Nirman, CBM Compound, Nr Rama Talkies Junction; Sharekhan Ltd, 10-1-35/B, Third f loor, Parvathaneni House, ValTair uplands, CBM Compound.

SMC GLOBAL SECURITIES LTDAgra : SMC GLOBAL SECURITIES LTD F- 4, Block No 35, Surya Kiran Building Near Metro Bar Sanjay Place Agra Ph no 7520787708,Ahmedabad: SMC GLOBAL SECURITIES LTD 3rd Floor, Sun City House, Besides Pantaloon, Opp Kotak Bank, MithaKhali Six Road, Ahmedabad - 380009. Ph no 9427181917;SMC GLOBAL SECURITIES LTD 10-A, Kalapurnam,C G Road ,Near Municipal Market, Ahmedabad 380003 Ph no 9825612323 JM Financia l Services G-10 Chinubhai Centre, Gr. Flr ,Nehru Br idge Corner,Ashram Road, Ahmedabad 380 009 Ph:079-2657 6666 – 70 JM Financial Services B-101,ShvalikPlaza,Opp.AMA,IIM Road, Ambawadi, Ahmedabad 380 015 Ph:079-39826727/6700 KEYNOTE CAPITALS LIMITED Office no. 1 & 2, Ground Floor , Asia House, Swastik Cross Road, Off. C G Road, Navrangpura, Ahmedabad-380 004 Ph: 079-30006765Ph no9327777188 Bangalore: SMC GLOBAL SECURITIESLTD Premises # 7,8,9,10,Ground floor,Gold Tower,#50 (o ld # 98),Residency Road, Bangalore – 560025 Ph no 09739112254 JM Financia l Services 97/4 Residency Rd Bangalore 560 025 Ph:-080- 30912400/2299 8264/65/66/67 Bhavnagar: SMC GLOBAL SECURITIES LTD NO. 113, Ist Floor, Shopper ’s Plaza,Waghavadi Road , Bhavnagar ,Gujarat - 364001 Ph no 9377621422 Bhopal: SMC GLOBAL SECURITIES LTD 313, IInd Floor Jyoti Shopping Complex M P Nagar, Zone-I Bhopal – 462011 Ph. No.-07828988899 Bhubaneshwar; SMC GLOBAL SECURITIES LTD House NO.5, Janpath, Unit -3, Bhubaneswar ,Orrisa751007 Ph no 9338568767 Chennai: SMC GLOBAL SECURITIES LTD 2nd Floor , ‘A’ Mookambika Complex,No.4, Lady Desikachari Road, Mylapore, Chennai – 600004 JM Financial Services Gee Gee Crysta l - 5th Floor,91-92. Dr.Radhakrishnan Salai,Mylapore, Chennai 600 004 Ph:044-4225 5666 Dehradun:SMC GLOBAL SECURITIES LTD 7,8, 9&10 shiva palace, second floor, rajpur road Dehradun 248001 Ph no 9368572105 Motila l Oswal Securities Limited(Sainath Investments)1,Onkar Road, Behind G.P.O,Dehradun (Uttaranchal) 248001 Ph no (0135) - 2659752/2654739, 2710842/238/249 Guwahati MotilalOswal Securities Limited(Agarwalla Capitals)3rd Floor, Basanta Enclave Dr. B.Barooah Road, Ulubari Near Nokia Care, Guwahati781001 Hissar: SMC GLOBAL SECURITIES LTD Mago Securities Ltd 104, SCF Gram, 1st Floor Green Square Market Hissar Ph no 09416023332 Hyderabad: SMC GLOBAL SECURITIESLTD 206, 3rd f loor Bhuvana Towers, Above CMR Exclusive, S D Road SECUNDERABAD, Hyderabad 500003 Ph no 93 47453777 JM Financial Services 9-10 Uma Chambers,3rd Floor, Banjara Hills, Hyderabad 500 034 Ph:040- 6636 000 9/10/12/46 JM Financial Services 3rd Floor, 305 Jade Arcade, Opp

In case of a Bidder applying through ASBA Process in any of the 12 cities, namely, Mumbai, Chennai, Kolkata, Delhi, Ahmedabad, Rajkot, Jaipur, Bangalore, Hyderabad, Pune, Baroda and Surat, the ASBABidder can also submit their Bid cum Application Form with the Syndicate Members or their Sub Syndicate Members for uploading of the Bids. The respective Syndicate Member or the Sub Syndicate Memberafter uploading of the Bid shall forward the Bid cum Application Form to the specified branch of SCSBs for blocking of funds. At all other places (except specified cities, as above), the Bid cum ApplicationForms should be submitted with the Designated Branch of SCSBs only.

Paradise Hotel, M G Road, Secundrabad 500 003 Secunderabad 500 003 (040) 3982 5200 Indore : SMC GLOBAL SECURITIES LTD 206,Gold Arcade 3/1 New Palasia Opp Curewell hospital, Indore, M P Ph no 9826062666 JM Financial Services UG-7 & 8, Ground Floor, D M Tower, ,21/1, Race CourseRoad, Indore 452 004 Ph:0731-3072111/4262111 KEYNOTE CAPITALS LIMITED204, DM Tower, 21/1 Race Course Rd,Janzeerwala Square, Indore(M.P)-452001 Tel No: +91 731 4222240Ph no0731-4022214/24 Jaipur: SMC GLOBAL SECURITIES LTD 401, fourth Floor Shyam Anukampa Opp HDFC BANKAshok Marg C scheme Jaipur Ph no 9929644402 JM Financia l Services JM Financial,G-7 & G-8,Br ij Anukamba,Plot No.K-13, Ashoka Marg,C-Scheme, Jaipur 302 001 Ph:0141-3984400 Jammu : SMC GLOBAL SECURITIES LTD 10 -A , Nor th Block, Bahu Plaza,Jammu,180001 Ph no 9419191091 Jodhpur: SMC GLOBAL SECURITIES LTD 201, Poonam Complex, III-C Road, Sardapura, Jodhpur, Rajasthan 342 003 Ph no 9314712688 Kanpur: SMC GLOBAL SECURITIES LTD SPFL House 15/63 Civil Lines Near D A V Degree College Kanpur Ph no 9336836894 , SMC GLOBAL SECURITIES LTD Gigantic CommoditiesLtd 15/240 - I, CIVIL LINES, KANPUR, 208001 Ph no 9936449444 Kochi KEYNOTE WEALTH MANAGEMENT LIMITED CHICAGO PLAZA, 5TH FLOOR, RAJAJI ROAD, COCHIN- 35 TEL: 0484-4075555/4075506Ph no0484-4075555 Kolkata: SMC GLOBAL SECURITIES LTD 18, Rabindra Sarani Podder Court GateNO 4, 5th Floor Kolkatta -700001 Ph no 09933664479 JM Financial Services Kankaria Estate, 8th Flr,6th Little Russell Street, Kolkata 700 071 Ph: 033-3987 0330 Kota: SMC GLOBAL SECURITIES LTD 4-a-6 Talwandi Kota Rajasthan Ph no 09829116982 Lucknow: SMC GLOBAL SECURITIES LTD Radha KrishnaBhawan, Plot No. 3/A, 5 Park Road, Lucknow Ph no 9839826932 Motilal Oswal Secur ities Limited(MLK Securities)27/II A,Asha Bhawan,Gokhley Marg,Lucknow 226001Lucknow226001 Ph no 0522 2204471 TO 2204474 Meerut: SMC GLOBAL SECURITIES LTD C/O KSB Capital Services Ltd Shop No-1,First Floor, Hari Laxmi Road, P K Road,Crossing Meerut Ph no 9837024084, Kaver i Complex, P.L. Sharma Road Meerut Ph no 9837101412 Mumbai: SMC GLOBAL SECURITIES LTD 258, Perin Nariman Street First Floor Fort mumbai -400001 Ph no 09821111219 JM Financial Services 2,3,4 Kamanwala Chambers,PM Road, Fort, Mumbai 400 001 Ph:022-2266 5577 - 80, 6633 3030/3021 3500, JM Financia l Services 1st Floor, Patel House, Next to Bank of Baroda,M G Road, Vileparle (E), Mumbai 400 057 Ph:022-2613 5202-41-67077440-43, JM Financia l Services Shop No 6, Dattani Trade Center,Chandra VarkarRoad, Borivali (W), Mumbai 400 092 Ph:022- 6695 9120 - 23/3021 5400 JM Financia l Services Palm Court , M- Wing, 4th Floor, Goregaon Link Road,Malad West Mumbai 400 064 Ph:022-30877000/67617000 JM Financial Services 424/425 Kalidas Plaza, V B Lane,Ghatkopar East, Mumbai 400 075 Ph:022-6710 4738/3097 8700 JM Financial Services Ground Floor, Anushka, New Link Rd,Andhwei West, Mumbai 40 0 053 Ph:022- 66191600/612 Motilal Oswal Secur ities L imited Queens Mansion,2nd Floor, 44, A. K. Naik Marg, Behaind Khadi Gramodyog Fort 400001Mumbai400001 Ph no 022-30278090/8129 KEYNOTE CAPITALS LIMITED 4th Floor, Balmer Lawrie Building, 5, J N Heredia Marg, Bellard Estate, FORT, MUMBAI 400001 TEL NO: 022-30266000/22671321Ph no30266000-03/22671321 KEYNOTE CAPITALS LIMITED 207, Kesar Kr ipa, Above Saraswat Bank, Chandavarkar Road, Bor ivali (West),Mumbai-400 062 Ph: 022-28915540Ph no28915540/28953398 KEYNOTE CAPITALS LIMITED401/402, Sumer Kendra, Near Doordarshan, Behind Mahindra Towers, Worli, MumbaiPh no9821222464/ 43326000 KEYNOTE CAPITALS L IMITED116-B, 1st floor, Kailash Plaza, Vallabh ,Baug lane, ghatkopar(east) Ph no 61273214 New Delhi : SMC GLOBAL SECURITIES LTD 17 , Netaji Subhash Marg, Opp. Golcha Cinema Daryaganj, New Delhi-110 002 Ph no 9818620470, 9810059041 , SMC GLOBAL SECURITIES LTD 6B, First Floor Himalaya House 23, K G Marg Connaught place New Delhi -110 001 Ph no9958696929, SMC GLOBAL SECURITIES LTD 503, Ansal Bhawan 16 K G Marg New Delhi -110001 Ph no 9871626464 JM Financia l Services 114 Himalya House,23,K G Marg, New Delhi 110 001 Ph:011-4130 5000/3092 5500 KEYNOTE CAPITALS LIMITED518, indra Prakash Bldg, 21,Barakhamba RoadConnaught Place New Delhi-110001Ph no011-30484973 / 09971810099 Patna: SMC GLOBAL SECURITIES LTD Frontline Financia l Consultancy Pvt. Ltd. 209, 2nd Floor, Pandey Mall Above Vishal Mega Mart Fraser Road, PATNA , 800001 Ph no 9798981521 Motilal Oswal Securities L imited(Narnolia SecuritiesPvt Ltd)504 Ashaiana Plaza Budh Marg Patna 800001Patna800001 Pune: SMC GLOBAL SECURITIES LTD 1ST Floor , Dealing Chamber, J M Road, Pune, 411004 Ph no 9769345255 JM Financial Services 205 Business Guild ,Opp. Krishna Dining Hall,Law College Road, Erandawane, Pune 411 004 Ph:020-3987 1601/00/66033720 KEYNOTE CAPITALS LIMITED 1, First Floor, Samar Paradise, D P Road, Aundh, Pune-411 007 Ph: 020-64015808Ph no020-66009882 Rajkot: SMC GLOBAL SECURITIES LTD 302/B 3rd Floor, Shivalik - 5 | Makkam Chowk | Gondal Road. Rajkot -360 002 Ph: 8000903984 JM FinancialServices 202 Solitaire, 2nd Floor, Swami Vivekanand Marg, Near Municipal Commissioner Bunglow, Ramkrishna Nagar, Rajkot 360 007 Ph:0281-3984101/3984000 Ranchi Motilal Oswal Securit ies Limited(Narnolia Securities Pvt Ltd)31/34, 2nd Floor A.C. Market,GEL Church Main Road Ranchi 834001Ranchi834001Surat: SMC GLOBAL SECURITIES LTD 316, 3rd Floor Empire State Building, Near Udhana Darwaja, Ring Road, Surat 395002 Ph no 9909919889 JM Financial Services 407, 4th Floor, 21 Century Business Centre, Near Udhna Char Rasta, Ring Road, Surat 395 002 Ph:0261-3984000 Vadodara JM FinancialServices G1Ground Floor, Shohan, 49 Alkapur i Society, Opp. HDFC Babk, Alkapuri, Vadodara 390 007 Ph:0265-3984 300 Visakhapatnam JM Financial Services Door No 9-1-224/4/3, 1st Floor, Nandan Nirman, CBM Compound, Near Rama Talkies Junction, Visakhapatnam 530 003 (0891) 3983 800

HEM SECURITIES LTD.Agra:- Bonanza Por tfo lio Limited C/o Manu Jain, Plot No. 102, 1st Floor, Puneet, Vrindavan, Sanjay Place - 2, Ph-9219556377; Karvy Stock Broking Ltd: 17/2/4, 2ND FLOOR, DEEPAK WASAN PLAZASANJAY PLACE, (BEHIND HOLIDAY INN) - 282 002, Ph -2526660; Karvy Stock Broking Ltd: SHOP NO11, NANAK TOWERS, OPP.TELEGRAPH OFFICE, BELAGUNJ -282 004, Ph -3247077; Ahmedabad:- Bonanza Portfo lio L imited: Sheetal varsha Arcade 403 to 406 Nr.Gir ish Cold Drink Cross R.d Besides Samudra Ansexe C.g R.d – 380 009, Tel: 079- 26424014/15 / 9825300752/ 9898884357; BonanzaPortfo lio Limited: M/S Lagan Fincap Lease Ltd. 118, Mangal Murt i Complex Ashram Road -380 006, Ph- 0 79- 264586282; HSBC InvestDirect Securities (India) Limited: BCB Brokerage Pvt. Ltd. Ashokkumar K Bagrecha C/O Opee Stock Link Ltd 27/1Cloth Commercial centre, Sakar Bazar – 380 002Ph- 079- 55247699; HSBC InvestDirect Securit ies (India) Limited: Chanakya Stock Broking D - 18 Shree Ghanakam Mahavir Commercia l Complex, Sarangpura– 380 002 Ph- 079- 55300564; HSBC InvestDirect Securities (India) L imited: Netgain Commodity Trading Pvt Ltd G 6 Sakar 4 Town HallEllies Br idge 380 014 Ph- 079- 26584436; Karvy Stock Broking Ltd: 1, MILLENIUM PLAZA, OPP. MANSI TOWERS VASTRAPUR -380 015 Ph -26750401; Karvy Stock Broking Ltd: 208 H J HOUSE, NEAR RAM BAUG POLICE STATION OPP IOC PETRO PUMP, RAMBAUG, MANINAGAR - 380 008, Ph -25466548; Karvy Stock Broking Ltd: 27, SUMAN TOWER, NEAR HOTEL HAVELI SECTOR NO.11, GANDHI NAGAR - 382 011 Ph -23249943; Karvy Stock Broking Ltd: 7 - 8, 2ND FLOOR, 3RD EYE BUILDING, NEAR PANCHVATI CIRCLE, C.G.ROAD - 380 006 Ph -26403134; Keynote Capitals Limited: Off iceno. 1 & 2, Ground Floor, Asia House, Swastik Cross Road, Off. C G Road, Navrangpura- 380 004 Ph: 079-30006765, 9327777188; RR Investors Capital Servics Pvt. Ltd. 401 - Abhijit Bldg.,Nr . Mithakali, Cro ss Rd.,Ph- 9327037108; Allahabad:- Bonanza Por tfolio Limited, 112 KT Kakkar Road, Zerobldg- 211003 Ph- 9598050025; HSBC InvestDirect Securities (India) Limited, 68 Bahadurganj- 211 003 Ph- 0532-2654618 / 2653533 / 2450520; Karvy Stock Broking Ltd, 2ND FLOOR, RSA TOWERS, ABOVE SONY SHOW ROOM,57, SARDAR PATEL MARG, CIVIL LINES - 211 001,Ph -226 0291;Amritsar:- Bonanza Portfolio Ltd- 1st Floor, Meenu Mkt, Lawrence Road Ext.- 143 001, 981491035;Karvy Stock Broking Ltd, 72-A TAYLOR’S ROAD, OPP.AGA HERITAGE GANDHI GROUND -143 001 Ph -5053802;Anand:- Bonanza Portfolio L imited, S/4-5, vimawala arcade, opp H.P.petrol pump, near,b ig bazar , anand v.v.nagar road -388 001, Ph.02692-247510, 247590, 9825017329; Bangalore:- Bonanza Por tfo lio Limited, Rama Arcade No.49/4 2nd Floor Bowr ing Hospita l Road- 560 005, HSBC InvestDirect Securities ( India) Limited, 650, 17th Main, 6th Block, Koramangala,80 Feet Road- 560095 Ph-552 5853 – 5; HSBC InvestDirect Secur ities ( India) L imited, GO3, Copper Arch, Infantry Road - 560 001 Ph- 080-5323251 / 5253; Karvy Stock Broking Ltd “SKANDA” NO 59,PUTANA ROAD, BASAVANAGUDI- 560 004Ph – 26621192; Karvy Stock Broking Ltd, 3, THIMMAIAH CHAMBERS,1STCROSS ROAD, OPP TO KAMAT YATRI NIVAS, GANDHI NAGAR- 560 009, Ph -22350761; Karvy Stock Broking Ltd, 156/1, 30TH CROSS, 6TH MAIN, 4TH BLOCK, JAYA NAGAR- 560 011 Ph -26554328; Karvy Stock Broking Ltd, 165 & 166, MANJUNATHA CHAMBERS SHANKAR NAGAR MAIN ROAD-560096 Ph -23375292; Karvy Stock Broking Ltd, 2019/a, 1ST FLOOR, 3RD ‘B’ CORSSB’ SECTOR, YELAH NAKA NEW TOWN- 560 064 Ph -28562726; Karvy Stock Broking Ltd, A/8, 1ST FLOOR, KHB COLONY, (OPP.MICROLAND,(IN AIRTEL BLDG), 80 FEET ROAD, KORAMANGALA- 560 095, Ph -25527301;Karvy Stock Broking Ltd, NO 746, FIRST FLOOR, KRISHNA TEMPLE ROAD INDIRA NAGAR, FIRST STAGE- 560 038, Ph -25264344; Karvy Stock Broking Ltd, NO.1714, 14/1, 1ST FLOOR, K S S CHAMBERS (BEHIND MARUTHI MANDIR) 21ST MAIN ROAD, VIJAYA NAGAR- 560 040, Ph -23119028; KarvyStock Broking Ltd, No.279, 3rd FLOOR, 67th CROSS 5TH BLOCK, RAJAJI NAGAR (NEAR BHASHYAM CIRLCE)- 560 010 Ph -23143559; Karvy Stock Broking Ltd, NO.337, GF-3, KARUNA COMPLEX, SAMPIGE ROAD, OPP: VEGETABLE MARKET, MALLESHWARAM- 560 003 Ph -23314678; Karvy StockBroking Ltd, No.628, 8TH MAIN, 3RD STAGE, 3RD BLOCK, BASAVESHWARA NAGAR - 560 079, Ph -30982058; Karvy Stock Broking Ltd, T K N COMPLEX, NO. 51/2, VANIVILAS ROAD, OPP: NATIONAL COLLEGE, BASAVANAGUDI- 560 004, Ph – 26621192; RR Investors Capital Servics Pvt. Ltd. S-111,ManipalCentre,47,Deckenson Road,Ph-09343795727 Bharuch:- Karvy Stock Broking Ltd, FF 47/48 ADITYA COMPLEX,OPP. KASAK FUWARA - 392 001, Ph -225207; Bhavnagar:- Bonanza Portfolio Limited, 5, TRADE CENTER, SECOND FLOOR, KALANALA – 384 001, 9824243010 Karvy Stock Broking Ltd, 301,3RD FLOOR, SURABHI MALL, NEAR ICICI BANK, WAGHAWADI ROAD - 364 001 Ph -2567005; Bhopal:- Bonanza Portfo lio Ltd, 244,1st Floor,Kings Shopping Center, M.P.Nagar, Zone 1, M.P 93033 56050/ 0755-4038501/502; HSBC InvestDirect Secur it ies ( India) L imited, 132 B Rav House MP NagarZone 1, 4620112768990 / 2768991; Karvy Stock Broking Ltd, KAY KAY BUSINESS CENTRE133, ZONE 1, MP NAGAR-462 011 Ph -4092712; Bhubaneshwar:- Bonanza Portfo lio L imited, 3rd Floor Plot No.-96, Vinayak Complex Near satyam Sivam sunderam -751 00 9, 9437697740; Karvy Stock BrokingLtd, 624, SAHEED NAGAR FIRST FLOOR -751 007, Ph -2511011; Karvy Stock Broking Ltd, PLOT NO. 104/105 P BESIDES PAL HEIGHTS HOTEL, JAYADEV VIHAR - 751 310, Ph -2360334; Chandigarh:- Karvy Stock Broking Ltd, SCO 371-372, ABOVE HDFC BANK SECTOR 35-B, 160 036 Ph- 5071726;RR Investors Capital Servics Pvt. Ltd. SCO-222-223,Gr. Floor,Sector-34A,Ph- 9316135518; Chennai:- Bonanza Por tfo lio Limited, 65/2, Murugese Naicker Complex, Greams Road- 600 006 Tel : 044-39180152/1 539790917082; Karvy Stock Broking Ltd, AC 155, 6TH MAIN ROAD, NEAR KHM HOSPITAL,ANNASALAI - 600 040 Ph -26224482; Karvy Stock Broking Ltd, DOSHI GARDENS, SHOP NO.102 ND FLOOR D-BLOCK NO. 174, N.S.K SALAI - 600 026 Ph -42013425; Karvy Stock Broking Ltd, F 22, PRINCE TOWERS, PURASAWALKAM HIGH ROAD, PURASAIWAKKAM - 600 010 Ph -42042567; Karvy StockBroking Ltd, F-3 ADYAR BUSINESS COURT, OLD NO 5, NEW 51, GANDHI NAGAR FIRST MAIN ROAD, ADAYAR - 600 020 Ph -42116586; Karvy Stock Broking Ltd, F-7 & 8, 3RD FLOOR, MAHBUBANI TOWERS, NO. 48, DR. D N ROAD, T. NAGAR - 600 017 Ph -42076808; Karvy Stock Broking Ltd, G-1, SWATI COURT, 22, VIJAYA RAGHAVA ROAD, T NAGAR - 600 017 Ph -28155967; Karvy Stock Broking Ltd, No 48, Ist FlOOR, Ist MAIN ROAD, NANGANALLUR - 600 061, Ph -42056266; Karvy Stock Broking Ltd, NO 77 A, RADHA NAGAR MAIN ROAD, CHROMEPET - 600 044 Ph -22653604; KarvyStock Broking Ltd, NO. 7, SRI PERAMBADUR ROAD, THIRUVALLUR- 602 002, Ph -27640552; Karvy Stock Broking Ltd, SUNDAR KRISHNA PLAZA, 3RD FLOOR, NO.8, LUCK MODOSS STREET, SOW CARPET-600 003, Ph -42051557, RR Investors Capital Servics Pvt. Ltd. 3rd Flr.,Precision Plaza,New #397,Old # 281, Teynampet, anna Sala i Ph-9382330263; Coimbatore:- Bonanza Portfo lio Limited, No 14, 2nd Floor, Kannusamy Road- 641 002, Ph 9443971426; Karvy Stock Bro king Ltd, “JAYA ENCLAVE” 1057/1508 AVANASHI ROAD - 641 018 Ph -4291000; Karvy Stock Broking Ltd, GROUND FLOOR,29/1, CHINTHAMANI NAGAR, N S R ROAD, SAI BABA COLONY - 641 011, Ph -2452161; Dehradun:- Bonanza Portfo lio L imited, Super Financia l Ser. Rajpur Road, 1St Floor- 248001 Ph- 9837051764; Karvy Stock Broking Ltd, 48/49, PATEL MARKET, OPP: PUNJAB JEWELLERS, NEAR GANDHI PARK,RAJPUR ROAD- 248 001, Ph -2713351; Karvy Stock Broking Ltd, KAULAGARH ROAD NEAR SIRMOUR MARG - 248 0 01, Ph -2754334; Motila l Oswal Secur ities Limited (Sainath Investments)1,Onkar Road, Behind G.P.O, 2 48001(0135) - 2659752/2654739, 2710842/238/249; RR Investors Capita lServics Pvt. Ltd. 56, 1st Floor, Rajpur Road, Ph-9368141585; Guwahati:- Hem Securities Ltd, Room No 2006, 1st Floor, Ram Kumars Arcrde, Near Parmeshwari Bldg, Chotibari - 781 001, Ph – 2519054, Bonanza Portfolio Limited, 1st Floor, Garmia Gold, M.S. Raod, Fancy Bazar – 781 001, Ph-9864062370;Karvy Stock Broking Ltd, 2ND FLOOR, RAM KUMAR PLAZA, CHATRIBARI ROAD, NEAR HIMATSHINGA PETROL PUMP - 781 001, Ph -2608016, Motilal Oswal Securities Limited (Agarwalla Capita ls)3rd Floor, Basanta Enclave Dr. B.Barooah Road, Ulubar i Near Nokia Care, 3612730967; Gwalior:- HemSecurities Ltd, 1st floor, Bhargawa Sadan, Near Ashoka Palace, Jinsinala No. 3, Lashkar; Hem Securities Ltd, Pavan Vihar Colony, Jinsinala No.3, Near Janak Hospital, Lashkar; Bonanza Portfolio Limited, 108,Pan-in-plaza, Shinde Ki Chawni,Lashkar (M.P.) Ph-9827047751; Karvy Stock Broking Ltd, 52, MAYUR MARKET,FIRST FLOOR, NEAR PETROL PUMP, THATIPUR, GANDHI ROAD - 474 001 Ph -2340200; Karvy Stock Broking Ltd, NEAR NADI GATE PUL, MLB ROAD, SHINDE KI CHAWANI -474 001,Ph -4069001; Hissar:- Bonanza Portfolio Limited, B-12 Ravi Arcade, S.C.F. , 95-97, C.U.E.-1, Old Govt. College Ground- 235579/ 230840, Karvy Stock Broking Ltd, SCO 17 RED SQUARE MARKET, 1ST FLOOR -125 001Ph -225868; SS Corporate Securities Limited. 103, Green Squqre Mkt- 125 001 Ph- 01662 – 320008; Hyderabad:- Bonanza Portfolio Ltd, H no6-3-569/1/4/3, Dhanturi House, Somajiguda-500082Tel : 040-40213338; Karvy Stock Broking Ltd,15-6-464/470, 1ST FLOOR,SALASAR COMPLEX, (NEAR FISH MARKET), BEGUM BAZAR -500 012 Ph -23433100, Karvy Stock Broking Ltd, 1ST FLOOR, PLOT NO.2, 1-1-128/B, CHANDA NAGAR,SERILINGAMPALLY, NEAR BHEL -500 050 Ph -23030028;Karvy Stock Broking Ltd, 21, AVENUE 4STREET No.1, BANJARA HILLS-500 034 Ph – 23312454; Karvy Stock Broking Ltd, 3-5-890, PARAS CHAMBERS, PLOT NO.14-15, GROUND FLOOR, HIMAYAT NAGAR -500 029 Ph- 23388771; Karvy Stock Broking Ltd, VIJETHA GOLDEN EMPIRE, FLAT NO. 103,FIRST FLOOR, h NO.16-11-762/762B & C, BESIDE ANADAL NILAYAM, MOOSA,RAMBAGH -500 036 Ph -23433116; Indore:- Bonanza Por tfolio Limited 311 A Trade Centre Maharani Road, Ph-0731-2534747, Bonanza Por tfolio Limited 422, DM Tower, 21/1, Racecourse Road-452003, Ph.-(0731)4277500;Bonanza Portfolio L imited 6, Morai Mohalla, Kanti Mansion, above SBB&J, Chhoti Gwal Toli-452001; Bonanza Por tfo lio Limited M 3, Urvashi Complex, 3 Jaora Compound,-4520010731; HSBC InvestDirect Securit ies ( India) Limited, 221-222, Indraprastha Towers,6 M G Road- 452001 Ph- 0731 -2523679; Keynote Capita ls Limited, 204, DM Tower, 21/1 Race Course Rd,Janzeerwala Square-452001 Tel No: +91 731 42222400731; Karvy Stock Broking Ltd, 105, 106 & 107,D M TOWERS, 21/1, RACE COURCE ROAD,NEAR JANJEERWALA CHOWRAH-452 001 Ph -3014200; Jaipur:- Hem SecuritiesLtd, 204, Jaipur Tower, M.I.Road Ph - 0141-4051000; Bonanza Portfo lio Limited 401/403 Silver Square, 4th floor, Rajmandir Cinema Hall Road, Bhagwandas Road,5, Batt,- 302001, Tel:3244856; Karvy Stock Broking Ltd, S-16/A, LAND MARK, 3RD FLOOR, OPP JAI CL UB, MAHAVEER MARG, C SCHEME -302 001 Ph -2378703; RR Investors Capita l Servics Pvt. Ltd. 7,Katewa Bhawan,Ganapati Plaza,MI Road,Ph-9314639805; SS Corporate Securities Limited, 201-202,G-8, Geeta Enclave, C scheme Vinoba marg- 302 001 Ph.09314504951; Jallandhar:- Karvy Stock Broking Ltd, PRIME TOWER, LOWERGROUND FLOOR OFF.NO.3, PLOT NO 28, G T ROAD - 144 001 Ph- 4634401; Jammu:- Bonanza Portfolio Limited, Tawi Bldg, Mater ials 74A Last Mode, Gandhinagar-180 004 Ph. 0191-2453223; Jamnagar:- Karvy Stock Broking Ltd, G-12 & 108 MADHAV PLAZA, OPP: SBS BANKNEAR LAL BUNGALOW-361 001, Ph -2556520; Jodhpur:- Bonanza Por tfolio Limited, 44-45 MAHAVEER SADAN, PAOTA MANJIKA HATTA- 342 001,Tel. 0291-2555269; Bonanza Por tfo lio L imited, 46/47 Kuldeep Towers, Behind Suncity Hospital, Paota Mandor Road, Ph-0291-2540981; Karvy Stock Broking Ltd, 203, MODIARCADE, CHOPASNI ROAD- 342 001, Ph – 5103046; Kanpur:- Bonanza Portfolio Limited, 49/62A/44, Bagla Build ing, Naya Ganj, -208 001 Ph-0512-2365273; Karvy Stock Broking Ltd, 15/46, CIVIL LINES, NEAR MUIR MILLS, STOCK EXCHANGE ROAD-208 001, Ph -2330127; Karvy Stock Broking Ltd,81/4, BLOCK NO. 9,GOVIND NAGAR -208 006, Ph -329600; Kochi:- Bonanza Por tfolio Ltd, 1,2,3A,II Floor, Swapnil Enclave,High Court Jn, Ernakulam - 682 031 Tel: 0484 -3985100; Karvy Stock Broking Ltd, 1ST FLOOR, PINDYS COMPLEX, XX/773, MARKET JUNCTION, TRIPUNITHURA -682 301, Ph-2777330; Karvy Stock Broking Ltd, 7 / 462, b 5TRANS AVENUE,NEAR EKM DIST COOP BANK HEAD QUARTERS , KAKANADERNAKULAM - 682 030, Ph -2423191; Karvy Stock Broking Ltd, D. NO. 6/0290, OPP: HAZI ESSA SCHOOL,GUJARATHI ROAD, MATTANCHERRY - 682 002 Ph -2211229; KarvyStock Broking Ltd, G 39, PANAMPILLY NAGAR - 682 036 Ph -2310884; Karvy Stock Broking Ltd, ROOM NO XIX / 135 (16) 1ST FLOOR, “NOOR POINT” OPP. FEDERAL TOWERS, BANK JUNCTION, ALUVA-683 101 Ph -3202627; Keynote Capitals L imited, Chicago Plaza, 5th Floor, Rajaji Road- 350484 Ph- 4075555; Kolkata:- Bonanza Por tfo lio L imited, 1 Gibson Lane, Suit No. -105, 1st Floor - 700 069 Ph-9433037650; Bonanza Portfo lio Limited, 7th Floor, Tr inity Plaza, 84/A, Topsia Road (S) – 700 046 Ph- 033-22851074; Bonanza Portfolio Limited, 7th Floor, Trinity Plaza, 84/A, TopsiaRoad (S) -700 046, Ph-033-22851074; Bonanza Portfolio Limited, 29N, Block B New Alipore -700 053 Ph-9830053222; HSBC InvestDirect Securities ( India) Limited, 21, Hemanta Basu Sarani, Centre Point Build ing, 3rd f loor Room no. 308 – 700 001 Ph- 22138700/01; Karvy Stock Broking Ltd,19, R N MUKHERJEE ROAD, 2ND FLOOR, DALHOUSIE-700 001, Ph -22437863; Karvy Stock Broking Ltd, 22N/1, BLOCK A, NEW ALIPORE -700 053, Ph -24576203; Karvy Stock Broking Ltd, 49, JATIN DAS ROAD, NEAR DESHPRIYA PARK -700 029, Ph -24634787; Karvy Stock Broking Ltd, 493/C/A,G T ROAD (S)BLOCK G, 1ST FLOOR, HOWRAH MAIDAN- 711 101 Ph -26382345; Karvy Stock Broking Ltd, AD-60, SECTOR – 1, SALT LAKE -700 064, Ph -23210461; Karvy Stock Broking Ltd, P-335, CIT SCHEME NO. VI M -700 054, Ph -23648927; RR Investors Capital Servics Pvt. Ltd. 704,Kr ishnaBldg.,224,AJC Bose Road,Ph-9331055408; Kota:- Hem Securities Ltd, 20-A, Talwandi; Bonanza Por tfolio Limited, 621, Ist Floor, Mukesh Plaza, Dadawari -324005, Ph-9314412865; Karvy Stock Broking Ltd, 29, SHOPPING CENTRE, 1 FLOOR, NEAR LALA LAPATRAI CIRCLE -324 007,Ph -2365145: Lucknow:-Bonanza Portfo lio Limited, M/S Mukesh Jain & Company, S - 106, Jain Complex, Indira Nagar-226 020 Ph-0522-351888; Bonanza Por tfolio L imited, shop G-1- No. 24 B.N. Road City Complex, la lbagh– 226 001 Ph- 9335634036; HSBC InvestDirect Securities ( India) L imited, Room No. 3, 2nd Floor,Shukla Palace, Sapru Marg, Ph- 0522-2393309; Karvy Stock Broking Ltd, 24, USHA SADAN, PREM NAGAR, ASHOK MARG -226 001 Ph -3213183; Karvy Stock Broking Ltd, 94, MAHATMA GANDHI MARG, OPP: GOVERNOR HOUSE, HAZRATGANJ -226 001 Ph -2236819; Karvy Stock Broking Ltd, HIG67, SECTOR EALIGANJ -226 016 Ph -2329419; Karvy Stock Broking Ltd, K S M TOWER, CP 1, SINDER DUMP, ALAMBAGH -226 005 Ph -2453168; Karvy Stock Broking Ltd, SHIVANI PLAZA, KHUNKHUNJI PLAZA, 2/54, VIJAY KHAND, GOMTINAGAR -226 010, Ph -2391664; Karvy Stock Broking Ltd, TEJKRISHAN PLAZA, 313/9 KHUN KHUNJI ROAD, CHOWK -226 003, Ph -2258454; Motilal Oswal Secur ities L imited (MLK Securit ies)27/II A,Asha Bhawan,Gokhley Marg – 226 001 Ph- 0522 2204471; RR Investors Capital Servics Pvt. Ltd. G-32,Shriram Tower,13,Ashok Marg,Ph-09335914247; Ludhiana:-Karvy Stock Broking Ltd, GROUND FLOOR, SCO -3, FEROZE GANDHI MARKET -141 001, Ph -4680050; Mangalore:- Bonanza Portfo lio Limited, UGII-64, COMMERCIAL COMPLEX, LHH ROAD, OPP K M C -575 001 Ph- 9902000763; Karvy Stock Broking Ltd, MAHENDRA ARCADE, GROUND FLOOR No.4-6-577/21/22, KODIAL BAIL -575 003, Ph -2492302; Meerut:- Bonanza Portfolio L imited 205, Kaveri Complex, II Floor.P.L. Sharma Road- 250 001, Ph-0121-2652535; Karvy Stock Broking Ltd, 1ST FLOOR, MEDI CENTRE, OPP EVES CENTRE, HAPUR ROAD NEAR BACHHA PARK -250 002, Ph -2520068;Moradabad:- Bonanza Portfolio Limited, RK House Neel Kanth Marg, 26, civil lines.-244 001 Ph- 0591-2415222; Bonanza Portfolio Limited, Shop No. 1To 5, Prahlad Market , Mandi Chowk -244 001 Ph- 0591-2318384; Mumbai:- Hem Securities Ltd, 14/15, Khatau Bldg, 1st Floor, 44 Bank Street, Fort -400 001 Ph- 022- 22666156 / 57; Bonanza Por tfo lio Limited, 214/215 , PATEL SHOPPING CENTRE, SAI NATH ROAD, MALAD (W)- 400 064, Ph-9892113002; Bonanza Portfolio L imited, 214/215, Kailash Plaza, Plot No 355, Vallabh Baug Lane,Ghatkopar (E) - 400 075, Ph- 9821174042 Bonanza PortfolioLimited Plot No. M-2, Cama Industr ial Estate,Walbhat Road, Goregaon (E) 400 063 Ph-9967930940; Bonan za Por tfo lio L imited, Shop no- 44, D Wing Krishna Bldg, Vasant Sagar Complex, Thakur Village, Kandivali(E) 400 101 Ph- 989845544; Bonanza Por tfo lio L imited, Shop no.9, Sector 14,Land Mark Society,Vashi– 400 703 Ph- 9323053828; Centrum Broking Pvt. Ltd, Centrum House, Kalina, Sa ntacruz (E) 400 098 Ph-022-42159437/703; Edelwiess Capita l Ltd, Edelwiess Capital Ltd, Edelweiss 104 , 1st flr, P J Towers, Stock Exchange Bldg, Fort - 400 001 Ph-67471345; HSBC InvestDirectSecur it ies ( India) L imited, Dhanasingh Processor Premises, J.B. Nagar, Andheri-Kur la Road, Andheri ( E) 400 059 Ph-39673635; Karvy Stock Broking Ltd, 101 SAPNA BUILDING, ABOVE IDBI BANKS K BHOLE MARG, DADAR (W) 400 028 Ph-24329763; Karvy Stock Broking Ltd, 103, 1ST FLOOR,JEEVAN CHAYA BLDG., RAM MARUTI ROAD, NAUPADA THANE (W) 400 602 Ph-25446124; Karvy Stock Broking Ltd, 115, ARUN CHAMBERS, 1st FLOOR, NEXT TO A/C MARKET, TARDEO - 400 034 Ph-66607043; Karvy Stock Broking Ltd, 16/26, 16/22, TRANSWORLD, MAHARASHTRA CHAMBERS OFCOMMERCELANE, OPP MCS BANK, FORT - 400 023 Ph -22819709; Karvy Stock Broking Ltd, 29, PATEL SHOPPING CENTRE, WST FLOOR OPP. FOODLAND RESTAURANT SAINATH ROAD, MALAD (W) - 400 064 Ph-28824241; Karvy Stock Broking Ltd, 7&8, ERIC HOUSE, GROUND FLOOR, 16TH ROAD, CHEMBURGYMKHANA ROAD, NEAR AMBEDKAR GARDEN, CHEMBUR - 400 071 Ph -25209335; Karvy Stock Broking Ltd, 7, ANDHERI INDUSTRIAL ESTATE, OFF: VEERA DESAI ROAD, ANDHERI (W) 400 053 Ph -26730799; Karvy Stock Broking Ltd, B-153, VASHI PLAZA, SECTOR 17, VASHI - 400 705 Ph – 67912087;Karvy Stock Broking Ltd, JEEVAN UDYOG BUILDING, 2nd FLOOR, D N ROAD, FORT- 400 001, Ph-22062077; Keynote Capitals Limited, 207, Kesar Kr ipa, Above Saraswat Bank, Chandavarkar Road, Borivali (W) 400 06 2 Ph: 022-28915540; Keynote Capita ls L imited, 116-B, 1st floor , Kailash Plaza,Vallabh ,Baug lane, Ghatkopar (E) Ph- 61273214; Keynote Capita ls L imited, 401/402, Sumer Kendra, Nea r Doordarshan, Behind Mahindra Towers, Wor li Ph-43326000; Keynote Capita ls Limited, 4th Floor, Balme r Lawr ie Build ing, 5, J N Heredia Marg, Bellard Estate, FORT Ph- 022-30266000;Motilal Oswal Secur ities L imited, Queen’s Mension, 2nd Floor , 44 A.K. Naik Marg, Behind Khadi Gramodyog For t – 400 001 Ph-022-30278090; Nirmal Bang Securities Pvt. Ltd. 38B/39., Khatau Bldg., 2nd Floor ., Alkesh Dinesh Mody Marg., Fort – 400 001 Ph-022-30274513; RR Investors Capita lServics Pvt. Ltd. 82/1,bombay Samachar Marg.,Apollo House,Gr. Floor , Fort, Ph-09324804086; Nagpur:- Bonanza Portfo lio L imited, Block No B21/22, L ink Rd., Opp.PWD Workshop, Sadar – 440 001 Ph-937310235 1; Bonanza Por tfolio Limited, Opp Hame Mahila Samaj,274 Dharampeth extn - 440010 Ph- 98222329000; Bonanza Portfo lio L imited, Paul Complex, Ajni Square, Wardha Road – 440 012 Ph.No.0712-2239873; HSBC InvestDirect Secur ities (India) L imited, Jaika Finance, C/o Jaika Motors, Civil Lines, Ph- 0712 2534578; Karvy Stock Broking Ltd, 230-231, 3RD FLOOR, SHRIRAMSHYAM TOWERS, NEXT TO NIIT BUILDING, SARDAR, KINGSWAY - 440 001 Ph -6614146; New Delhi:- Bonanza Portfo lio Limited , 13, Commodity Center , East of Kailash-110 006 Ph-011-26419079; Bonanza Portfo lio Limited, 4353/4C, Madan Mohan Street, Ansar i Road, Daryaganj – 110 002 Ph-931202399; Bonanza Portfo lio L imited, 4353/C, 2nd Floor , Ansar i Rd -110 002 Ph-011-23284377; Bonanza Por tfolio L imited, Ag - 402, Shalimar Bagh, Ph-0011-27473776; Bonanza Portfolio L imited, F-2 1st Floor Vardhaman Shopping Complex. DP Block -110 088 Ph-011-27316110; BonanzaPortfolio L imited G-3, Usha Kiran Building, Azadpur, -110 033 Ph- 011-27673413; Bonanza Portfo lio Limited M/S Anil Kumar & Co. M-6, Essel House 10, Asaf Ali Road, -110 002 Ph- 011-23230022; Bonanza Po rtfo lio Limited M/S Saya Securities, C-6/6113, Vasant Kunj Ph-011-26138850; BonanzaPortfo lio Limited M/S Singhal Fincap, G -5, 4353, Madan Mohan Street, 4-C, Ansar i Road -110 002 Ph- 011-23272200; Bonanza Por tfo lio Limited, Vardman Enterprises, 580-81, 2Nd Floor , Makki Market, Chawar i Bazar , -110 006 Ph- 23252086; Bonanza Portfolio L imited, Wz-310, Nagal Raya-110 046 Ph- 011-28112110; Bonanza Por tfolio L imited, 146, Sector - A, Pocket - C, Vasant Kunj, -110 070 Ph-011-26121745; Bonanza Por tfo lio L imited, 17, Kailash Enclave -110 048 Ph-011-26225503; Bonanza Por tfo lio L imited, 3530, Neta ji Subhash Marg, 2Nd Floor , Daryaganj-110 002Ph-011-23286563; Bonanza Por tfo lio L imited, 4380/4B, Kausalya Flat No. 26, Ansar i Road, Daryaganj -110 002 Ph-011-23260649; Bonanza Por tfo lio L imited, 501, Kr ishna Gali, Katra Neel, Chandani Chowk -110 006 Ph-011-23919899; Bonanza Por tfolio L imited, 894/ B-18, Mahauli- 110 030Ph-011-26645231; Bonanza Por tfo lio Limited, B-231/C, Greater Kailash, Part – 1 , 110 048 Ph- 011-51634502; Bonanza Por tfolio Limited, D - 2/202, Vikash Chambers, Centra l Market, Prashant. Vihar – 110 085 Ph- 011-27861253; Bonanza Por tfolio Limited, M/A Nirmal Secur it ies, J-5/1, Kr ishanNagar- 110 051 Ph-011-22025024; Bonanza Portfo lio L imited S-14, Dda Shopping Complex, Near Icici Bank, Mayur Viharphase-1- 110 091 Ph-011-22795601; Karvy Stock Broking Ltd, 103, 1ST FLOOR, C.S.C. SECTOR-B, POCKET 8&9,OPP G D GOENKA PUBLIC SCHOOL, VASANT KUNJ - 110070 Ph -41787159; Karvy Stock Broking Ltd, 103, SAVITHRI SADAN - I , 11, COMMUNITY CENTRE, PREET VIHAR -110 092 Ph -22460978; Karvy Stock Broking Ltd, 104, 1ST FLOOR, NANDA DEVI TOWERS, PRASHANTH VIHAR, CENTRAL MARKET -110 085 Ph -27864193; Karvy Stock Broking Ltd,105-108, ARUNACHAL BUILDING19, BARAKHAMBA ROAD, CONNAUGHT PLACE-110 001 Ph -23324401; Karvy Stock Broking Ltd, 110-112, FIRST FLOOR, SUNEJA TOWER IJANAK PURI DISTRICT CENTRE -110 058 Ph -41588242; Kar vy Stock Broking Ltd, 23, SHIVAJI MARG, MOTINAGAR-110 015Ph -45436371; Karvy Stock Broking Ltd, 301, VISHAL BHAVAN95, NEHRU PLACE -110 019 Ph -26447065; Karvy Stock Broking Ltd, 402, 4TH FLOOR, VIKRANT TOWER, RAJENDRA PLACE -110 008 Ph -41539961; Karvy Stock Broking Ltd, B 2 DD A MARKET, SHOP NO 50, FIRST FLOOR, PASCHIMVIHAR -110 063 Ph -25263901; Karvy Stock Broking Ltd, G-29, ANSAL CHAMBERS-1, BHIKAJI CAMA PLACE -110 066 Ph -41659719; Keynote Capitals L imited, 518, indra Prakash Bldg, 21,Barakhamba Road Connaught Place -110 001 Ph- 011-30484973; RR Investors Capita l Servics Pvt. Ltd.47, M.M. Road, Rani Jhansi Marg, Jhandewalan– 110 055 Ph-9312940483; SS Corporate Secur it ies L imited , NDM-2,D-Block, NetajiSubhash Place – 110 034 Ph- 09811409143; Panaji:- Bonanza Portfo lio L imited, 2nd f loor, Bhaurao Dala l, commercia l complex, Margoa – 403 601 Ph- 9822176353;Karvy Stock Broking Ltd, NO.7 & 8, EL. DORADO PLAZA, HELIODORO SALGADO ROAD - 403 001 Ph -2426870; Patna:- Bonanza Por tfo lio L imited 202, Kannu Lal Complex, 2nd Floor, Budh Marg- 800 001; Karvy Stock Broking Ltd, ANAND TOWER, 2ND FLOOR, EXHIBITION ROAD, NEAR REPUBLICHOTEL, OPP: MITHILA MOTORS - 800 001 Ph -2321354; Motila l Oswal Securities Limited (Narnolia Securities Pvt Ltd) 504 Ashaiana Plaza Budh Marg – 800 001 Ph- 9334424678; Pune:- Bonanza Por tfolio Limited, BADJATE & ASSOCIATES, Konark classic, flat no.D-2, 1st f loor ,21/4/5, bund gardenroad – 411 001 Ph-(0212) 6291080910; Bonanza Por tfolio L imited, Flat No.18, Niyoshi Park-2, Sanghvi Nagar, Aundh - 411 007; Bonanza Por tfolio L imited, Office No. 5, 2nd f loor, Mitta l Chambers, J.M. Ro ad, Opp. Surabhi Hote l, Shivaji Nagar – 411 005 Ph-9371204908; Bonanza Por tfolio L imitedOFFICE NO.1, AUM HERMITAGE, BOMBAY SAPPERS COLONY, OPP CHANDAR NAGAR WATER TANK,WADGAON SHERI – 14 Ph-020 66307543; Bonanza Por tfolio Limited, Shop No.167 / 2, Wagholi Road Pune, Near Washing Centre, Lohagaon – 411 047; HSBC InvestDirect Securities (India) Limited,33/15 Prashant Bunglow, Opp. Garware College, Karve Road – 411 004 Ph-9520 4020000; Karvy Stock Broking Ltd, Off.No.6, 3RD FLOOR, RACHANA TRADE ESTATE, LAW COLLEGE ROAD, SNDT CIRCLE, CTS NO.105, ERANDWANE - 411 033 Ph -66048790; Karvy Stock Broking Ltd, RAMEERATOWERS, 130 / 24,PIMPRICHINCHWAD, NEW TOWNSHIP ROAD, TILAK ROAD, NIGIDI - 411 044 Ph -27659116; Karvy Stock Broking Ltd, SHOP NO 2, GROUND FLOOR, SACRED HEART TOWNSHIP, WANOWARIE - 411 040 Ph -56610451; Keynote Capitals Limited, 1, First Floor, Samar Paradise, D PRoad, Aundh - 411 007 Ph-020-64015808; Raipur:- Karvy Stock Broking Ltd, 02 & 03, LOWER LEVEL, MILLENNIUM PLAZA, GROUND FLOOR, BEHIND INDIAN COFFEE HOUSE, G E ROAD - 492 001 Ph -2236694-96; Rajkot:- Bonanza Portfolio Limited, 201, Saket Plaza, Panchnath Mandir Main Road,Harihar Chowk – 360 001 Ph-9898837837; Karvy Stock Broking Ltd,102-103, SIDDHI VINAYAK COMPLEX,YAGNIK ROAD -360 001 Ph -3291043; Mataliya Stock Broking Ltd, Mataliya House 21 New Jaggnath Near Jain Bh avan Ph-0281- 2466387; Ranchi:- Bonanza Por tfolio Limited, 301,sri ram neotiaarcade, la lpura chowk, 3rd floor, H.B.road - 834 001 Ph-9825303389; Karvy Stock Broking Ltd- Commerce Towers, 3rd Floor, Beside Mahabir Towers, Main Road - 834 001 Ph-2330386; Motila l Oswal Securit ies Limited (Narnolia Securities Pvt Ltd) 31/34, 2nd Floor A.C. Market,GEL Church MainRoad – 834 001 Ph-0651- 2317500; Surat:- Bonanza Portfo lio L imited, G-3 ITC Bldg, Majura Gate, Ring Road – 395 003 Ph-09825138382; HSBC Inves tDirect Secur ities ( India) Limited, Netgain Commodity Trading Pvt Ltd, 409 Super Tax Towers, Opp.Kinnery Cinema, Ring Road – 395 002 Ph-261232342; Karvy Stock Broking Ltd, GF-16, EMPIRE STATE BUILDINGNR.UDHANA DARWAJA, RING ROAD - 395 002 Ph -3017151; Trivandrum:- Karvy Stock Broking Ltd, 2ND FLOOR, AKSHAYA TOWERS SASTHAMANGALAM - 695 010 Ph -2725987; Udaipur:- Bonanza Portfolio Limited, Plot No. 1,Shikarpur Colony, Behind Collector ’s Bungalow, Bhupalpura Ph-09460509229; HSBC InvestDirect Secur ities ( India) Limited, Bohra Pratishtan Pvt Ltd. Mr. Hemant Bohra 301 Anand Plaza University Road – 313 001 Ph- 0294-5102939; Karvy Stock Broking Ltd, 201-202, MADHAV CHAMBERS,OPP.GPOMADHUBAN CHETAK CIRCLE - 313 001 Ph -5101601; Vadodara:- Bonanza Por tfolio L imited, Office No.1, 1st Floor, Sheel Commercia l Complex, Racecourse Road, Ellora Park – 390 007 Ph-9825303389; HSBC InvestDirect Secur it ies (India) Limited, 141/144 Siddharth Complex, 1 st Floor,R C Dutt Road, Alkapuri - 390 005 Ph- 0265 2327093; Karvy Stock Broking Ltd, 38, PAYAL COMPLEX, NEAR VADODARA STOCK EXCH, SAYAJIGUNJ - 390 005 Ph -2225168; Karvy Stock Broking Ltd, C-1/2/3, JALANAND TOWNSHIP, NR. UNDERA JAKAT NAKAGORWA -390 016 Ph -3259060; KarvyStock Broking Ltd, FF11-12, RUTU KALASH TULASIDHAM CHAR RASTA, MANJALPUR - 390 011 Ph- 9725055783; Karvy Stock Broking Ltd, FF4, CHANAKYA COMPLEX, HIGH TENSION CHAR RASTA, SUBHANPURA - 390 007 Ph -3259056, Karvy Stock Broking Ltd, FF-4, SHITAL PLAZAUDAY NAGARSOC, AJWA ROAD - 390 019 Ph -3240417; Karvy Stock Broking Ltd, GF-11/12, ALIAN COMPLEX, NR DEVDEEP COMPLEX, NIZAMPURA - 390 002 Ph -3209888; Karvy Stock Broking Ltd, SB 3, AMRAPAALI COMPLEX, NEAR MUKTANAND WATER TANK ROAD, KARELIBAUG -390 018 Ph- 3950628;

BIDDING CENTRE DETAILS

Karvy Stock Broking Ltd, T-2, 3RD FLOOR “SAVOY” COMPLEX, HARIBHAKTI EXTN, OPP. ABS TOWER, OLD PADRA ROAD -390 007 Ph-6456183; RR Investors Capita l Servics Pvt. Ltd. 222,Dutta Road.,Alkapuri,Ph-9327037109; Varanasi:- Bonanza Por tfolio L imited, Anup Market, Girjaghar Crossing, Godowlia– 221 001 Ph-09839221897; HSBC InvestDirect Securities ( India) L imited, East West Associates, B-12 / 112, J-1, Bhelupur, Opp. Diamond Hotel Ph-0542-2277781; Karvy Stock Broking Ltd, D 64 / 132, KA, 1st FLOOR “ANANT COMPLEX”, SIGRA - 221 001 Ph-2225365; Karvy Stock Broking Ltd, SHOPN. 2-3, GYAN MANDAL PLAZA MAIDGIN – 221 005 Ph -2225365; Vijaywada:- Karvy Stock Broking Ltd, 11-1-25, GMR PLAZA, FIRST FLOOR, BRP ROAD -520 001 Ph -2565536; Karvy Stock Broking Ltd, 39-10-7, OPP. Municipal Water Tank, LABBIPET - 520 010 Ph -2495200; Visakhapatnam:- BonanzaPortfolio Limited, 301, Sai Shopping Centre, 47-14-1/22, Dwar ika Nagar – 530 016 Ph-09849004632; HSBC InvestDirect Securit ies (India) L imited, T- C-2 Block, 303 B 3rd Floor Dwaraka Plaza, Dwaraka Nagar – 530 016 Ph-0891 5546648; Karvy Stock Broking Ltd, 47-14-4, ESWAR PARADISE,DWARAKA NAGAR, MAIN ROAD - 530 016 Ph -2752915

PRABHUDAS LILLADHER PVT. LTD.AGRA : A.G. Shares & Secur it ies Ltd. Mr. S.P.Agrawal, 20/4,1st Floor Maruti Tower, Sanjay Place, Agra-282002, Tel:0562-7417010140; AHMEDABAD : Prabhudas Lilladher Pvt. Ltd. Mr. Saurabh Jhaver i, 141, Satyam Mall, Near Kameshwar School, Jodhpur Cross Road, Satellite, Ahmedabad-380015, Tel:079-40027700; Anand Rathi Shares & Stock Brokers Ltd. Mr. Mitesh Patel, 201, Par th Complex, Swastik Cross Roads, Off. C. G. Road, Navrangpura, Ahmedabad-380009, Tel:9389429049; Angel Broking Ltd. Mr. Gautam Acharya, 101, Mahalaya, Nr. Hotel President, C.G.Road,Ahmedabad-380009, Tel:079-55309071; ANS Pvt. Ltd. Mr. Pranav Vora, 601/602, Samudra Complex, Gir ish Condr inks Char Rasta, Off. C.G.Road, Ahmedabad-380009, Tel:30001363; Bonanza Portfo lio Ltd. Mr. Kama l Bansal, Seetal Varsha Arcade 9, 403 to 406 Nr.Gir ish Cold Drink CrossRoad, Besides Samudra Ansexe C.G. Road, Ahmedabad-38809; HSBC Invest Direct Sec. ( I) Ltd. Mr. Vishal Shah, 403-404 Raindrop Bldg, Opp Cargo Motors, C.G.Rd-380009, Tel:079-30072023; Kalyanbhai Mayabhai Stock Brokers Pvt. Ltd. Mr. Haren K. Sheth, 409, Shyamak Complex, NearKamdhenu Complex, Ambawadi, Ahmedabad-380015, Tel:079-26586004; Keynote Capita ls Ltd. Off ice no. 1 & 2, Ground Floor, Asia House, Swastik Cross Road, Off. C G Road, Navrangpura, Ahmedabad-380 004, Tel :9327777188; KIFS Secur ities Pvt. Ltd, Mr. Ajay Dave, B/81 Par iseemaComplex, C.G.Road, Navrangpura, Ahmedabad-80006 Tel:26420592; Matalia Stock Broking Pvt. Ltd. Mr. Ja tin Nayak, 103, Surgichare 1st Flr. Nr. Sardar Statue, Naranpura, Ahmedabad-380013; Matalia Stock Broking Pvt. Ltd. Mr. Jay Rajdev, 103-Surgicare, 1st Floor, Near Sardar Statue,23-Saradar Pate l Colony, Naranpura, Ahmedabad-380013; Monarch Project & Finmarkets Ltd., Mr. Vivek Jain, “MONARCH HOUSE” Opp. Ishwar Bhuvan, Nr. Commerce Six Road, Navrangpura, Ahmedabad-380009, Tel:079-26666500; Nit in Par ikh & Co., Mr. Rajendra Dalwadi, 101, AkashGanga, Nr. Dr. Munshi’s Nursing Home, Gujarat College Road, Ellisbr idge, Ahmedabad – 380006, Tel:079 -26404510 ; Pravin Ratila l Share & Stock Brokers Ltd. Atul P. Sharedala l, “SAKAR-I, 5TH FLOOR, Opp.Gandhigram Rly.Station, Navrangpura, Ahmedabad - 380 009, Tel:9179-66302700;Rupin Anil Gandhi, Mr. Satish Patel, 404, Nandan Complex, Opp. Gandhigram Rly. Crossing, Mithakhali, Ahmedabad-380006, Tel:26403279; JM Financia l Services, Mr Bhavesh Shah, G-10 Chinubhai Centre, Gr. Flr, Nehru Bridge Corner, Ashram Road, Tel:079-26576666; JM Financia lServices, Mr. Dipti Dave, B-101, Shvalik Plaza, Opp.AMA, IIM Road, Ambawadi, Tel:079-39826727; ALLAHABAD : Prabhudas Lilladher Pvt. Ltd. Mr. Minaz Khan, C/o. Prabhu Shares & Secur it ies 14 C, Daud Nagar, Mirzapur Rd, Nain i, Allahabad- 211 008 Tel:0532-3252233; Anand Rathi Shares& Stock Brokers Ltd., Mr. Gulfam Ahmed, Darbari build ing, 15 M. G. Marg, Civil lines, Beside Coffee House, Allahabad-211001, Tel:9954232567; AMRITSAR : Sushil Financial Services Pvt. Ltd., Mr. Vijay Kumar, 106, Hall Bazar, Nr. Partap Shoes, Amritsar -143006, Tel:0183-2553894; ANAND: Prabhudas Lilladher Pvt. Ltd. Mr. Mehul Pate l, C/o. G/19, Vaibhav Tower, Anand-V.V.Nagar Road, Anand-388001, Tel:02692-245279; Bo nanza Por tfo lio Ltd., Mr. Nit in Shah, G-10, Phalguni Trade Vaiderbhi Complex, Nr V V Nagar Rly St, G IDC, Vittal Udyog Nagar, Anand–388121; Bangalore: Anand Rathi Shares & Stock Brokers Ltd., Ms. Sheetal, 4 th f lr, Indian Express Bldg, Queens Road, Bangalore-560052, Tel:9320175174; HSBC Invest Direct Sec. ( I) L td. Ms. Sar itha, NO.4,”Neeladr i Palza, 2nd f lr Nor th Wing, Rajaram Mohan Roy Rd. Bangalore-560025 Tel:080 2126007;Angel Broking Ltd. Mr. Madhura S G Door No 101/102, No-17, 1st Floor, Shah Sultan Complex, Cunnigham Road, Bangalore-560052, Tel:080- 4153 6700; Bonanza Por tfo lio Ltd. Mr. Vikram, 544, White House 2nd f loor Above Footbal, CMH Road, First Stage, Indragnagar, Bangalore-560038.; JM Financia l Services, Mr Yeriswamy Reddy, 97/4 Residency Rd, Bangalore Tel:-080-30912400; BELGAUM : Prabhudas Lilladher Pvt. Ltd. Mr. Sanjeev Poojari C/o.Shr i Sai Investment, 1st Flr, Diamond Complex, Opp. M.M. Polytechnic, Subha sh Nagar, Belgaum - 590 016 Tel:0831-2476476; Sushil Financial Services Pvt. Ltd. Mr. Aakash Patil, Room No. 8, “A” Wing, M.G.Bhavan, B/h . Sanman Hotel, College Road, Belgaum-01 Tel:0831-6532345; BHARUCH : Prabhudas Lilladher Pvt. Ltd. Mr. Kiransinh Chauhan, 1st Floor, Blue Chip Complex, Sevashram Road, Panch Batti,Bharuch-392 001, Tel:02642-242115; BHOPAL : Prabhudas Lilladher Pvt. Ltd. Mr. Sunil Doshi, C/o Sunil Doshi. S-9, 2nd Flr, Subhag City Center, Opp. Indian Coffee House, Malviya Nagar, Bhopal-462003, Tel:0755-2572290; BHUBANESHWAR : Prabhudas Lilladher Pvt. Ltd. Mr. Bibhu PrasadPanda, C/o. Money Maker Inv. Consl. Co 765 Saheed Nagar, Maharshee College Road, Bhubneshwar-751007, Tel:0674–2546257; Anand Rathi Shares & Stock Brokers Ltd. Ms. Sonali Das, 49 Ashok Nagar, 2nd Flr Nr Hote l Royal MidTown, Bhubaneswar-751009, Tel:9830949633; Chennai: Prabhudas Lilladher Pvt. Ltd. Mr. Sr in ivasa, C Old No.61, New No.149, Kadampakam High Road, T.Nagar, Chennai-600017, Tel:044–42660486; Angel Broking Ltd. Ms. Pavithra Devi, Gr. Flr, 45, Ttk Road, Alwarpet, Chennai-600018, Tel:044 -42269000; Bonanza Por tfo lio Ltd. Mr. SanjeevAgarwal, Old No.644, New No.360, Anna Sala i Chennai-600006; HSBC Invest Direct Sec. ( I) Ltd. Mr. Sur ender Gopal, 13/2, Ramkoti, 2nd Floor, Next to Odyssey, 1st Main Road, Gandhi Nagar, Adyar Chennai-6 00020, Tel:044-24405504; Systematix Shares & Stocks ( I) Ltd. Mr. Manoj K.Joshi4th Floor, EGA Trade Centre, Block C & D, 809, Poonamallee High Road, Chennai–600010, Tel:044-26612184; COIMBATORE : HSBC Invest Direct Sec. (I) L td. Mr. R Raja, 1023, Avanashi Road, Eureka Chambers, Coimbatore-641 016, Tel:0422-2211730; DEHRADUN : Anand Rathi Shares& Stock Brokers Ltd., Mr. Atul Ja in, Old 1 Neshville Rd, B/h Congress Bhawan, Dehradun, Tel:9313320193; Motila l Oswal Secur ities Ltd. 1, Onkar Road, Behind G.P.O, Dehradun (Uttaranchal) -248001, Tel:0135-2659752; GUWAHATI : Anand Rathi Shares & Stock Brokers Ltd., Mr. Tapan Kaushik,GANPATI ENCLAVE, 4TH FLOOR G. S. ROAD ULUBARI GUWAHATI- 781007, Tel:9373143313; Motilal Oswal Secur it ies Ltd. 3rd Floor, Basanta Enclave, Dr. B.Barooah Road, Ulubari Near Nokia Care, Tel:3612730967; GWALIOR : Prabhudas Lilladher Pvt. Ltd. Mr. Sanjay Jhawar, C/o Sharecon.Jhawar Bldg, Sarafa Rd, Lashkar, Gwalior 474001, Tel:0751-5070075; Prabhudas Lilladher Pvt. Ltd. Mr. Rajkumar Kabra, C/o. Kabra Securit ies, Kailash Talkies Rd, Phalkeb Ki Goth, Beside of Beena Automobiles, Nr.Ram Mandir Chauraha, Gwalior – 474001, Tel:0751-4060677; Anand RathiShares & Stock Brokers Ltd. Mr. Ram Mohan, Rathi Financia l Services Ltd, A G Ofiice Tiraha, Madhav Rao Scindhia Marg, Lashkar, Gwalior, Tel:9963185121; Hyderabad : Anand Rathi Shares & Stock Brokers L td. Mr. Ramakr ishna Beerum, 6-3-346/1, Scotia Bank Bldg.Road No. 1, BanjaraHills, Hyderabad – 500034, Tel:9302460901; Angel Broking Ltd. Mr. Sudhir D, Osman Plaza, 6 - 3 - 352 , 3Rd Floor, Rd.No.1, Banjara Hills, Hyderabad-500001, Tel:040-55733573; Bonanza Por tfo lio Ltd. Mr. N Thirumala Reddy, Bonanza Por tfo lio Ltd, Road No. 6-3-1093 2nd Floor, V.V.Vitage,Boule Vard, Rajbhavan Road, Somajiguda, Hyderabad-5000080; HSBC Invest Direct Sec. ( I) L td. Mr. Para g Godbole, Challa Chambers, 6-3-907, I I f loor, Raj Bhavan Road, Somaji Guda, Hyderabad-500082, Tel:040-23320323; Karvy Stock Broking Ltd. “KARVY HOUSE”, 46, Avenue 4, StreetNo.1, Banjara Hills, Hyderabad-500034, Tel:040-23312454; JM Financia l Services, Mr Ganpaty Murthy, 9 -10 Uma Chambers, 3rd Floor, Banjara Hills, Tel:040-6636 0009; INDORE : Prabhudas L illadher Pvt. Ltd. Mr. Ashish Goyal, C/o Economic Sec.P.Ltd, LG-2B, Shalimar Corporate Centre,2B, South Tukohanj, Indore-452003, Tel:0731–5069376; Anand Rathi Shares & Stock Brokers Ltd. Mr. Man ish Saxena, 101, Apollo Avenue, Opp.Palasia Police St.,30-B, Old Palasia, Indore- 452001, Tel:9783800316; ANS Pvt. Ltd. Mr. Vivek Sheth 305, Royal Gold, 4-A, Yashwant NiwasRoad, Above Janta Coldr inks, Indore-452003 Tel:09300022188; Ar ihant Capital Markets Ltd. Mr. Arvind Sharda F-1, Ahinsa Tower, 7, M.G. Road, Indore-452001, Tel:4217350; Bonanza Por tfolio Ltd. Mr. Shantila l Badjate, 422, DM Tower, 21/1, Racecourse Road, Indore-452001; JM Financia lServices Mr. Manish Upadhyay UG-7 & 8, Ground Floor, D M Tower, 21/1, Race Course Road, Tel:0731-3072111; Keynote Capita ls Ltd. 204, DM Tower, 21/1 Race Course Rd, Janzeerwala Square, Indore (M.P)-452 001, Tel:0731-4022214; Systematix Shares & Stocks ( I) Ltd. 206-207, BansiTrade Center, 565/581, M G Road, Indore-452001, Tel:0731–3018111; Angel Broking Ltd. Ms. Shobhna Chauhan, Ug No.16-19, Commerce House, 7-Race Course Road, Indore-452003, Tel:0731-3013360; JAIPUR : Anand Rathi Shares & Stock Brokers Ltd. Mr. Shiv Sharma, C-98, SanghiUpasana Tower, Subhash Marg, C-Scheme , Ja ipur-302001, Tel:9783800365; Angel Broking Ltd. Mr. Mohan Lal, Meena 2/3, 1St Floor, Mult i-Story Complex, 1st M.I. Road, Opp. Amrapuara Temple, Jaipur-302001, Tel:0141-2223334; Bonanza Por tfo lio Ltd. Mr. Pushpendra Agrawal, Bpl410-413 Silver Square 4Th Floor, Near Rajmandir Cinema Hall, Bhagwan Das Road ; JM Financia l Services, Mr. Hitesh Godwani, JM Financia l, G-7 & G-8, Br ij Anukamba, Plot No.K-13, Ashoka Marg, C-Scheme, Tel:0141-3984400; Systematix Shares & Stocks (I) Ltd., Ms. Shuchi Singh, 201,Gaurav Tower, First Malviya Nagar, Ja ipur-302016, Tel:0141-3048780; Eureka Stock & Share Broking Ser vice Ltd., Mr. Uma Shankar, Shaw 213/214, Jaipur Towers, M. I. Road, Opposite A I R, Jaipur-30200, Tel:141-5113780; JAMNAGAR : Prabhudas Lilladher Pvt. Ltd. Mr. Dhimant Mehta,C/o. Mehta Ladhubhai Manekchand, Rajendra Road, Opp.Main GPO, Jamnagar 361001, Tel:0288-2677935; JODHPUR : Angel Broking Ltd. Mr. Lakshmi Chauhan, Gulab Bhavan, Opp. Kankaria Bldg. Chopasni Road, Jodhpur- 342003, Tel:9414130616; Bonanza Por tfolio Ltd. Mr. Arpit Ranka,46/47 Kuldeep Towers, Behind Suncity Hospita l, Paota Mandor Road 342010; Joindre Capital Services Ltd., Mr. Rajendra Kumar Jain, Sancheti Bhawan, Mahaveer Market, Tripoliya Road, Jodhpur, Rajasthan - 342 001; KOCHI : Prabhudas Lilladher Pvt. Ltd. Mr.Sreekanth Poduval, 2nd Floor,Alfa Gardens, B/H My Kingdom, Gopalaprabhu Road, Kochi - 682 035, Tel:0484-2353551; Bonanza Por tfo lio Ltd. Mr. Sebasta in K. D, 14, 2nd Floor, Chammani Tower, Kallur, Cochin, Ker la-682017; Geojit BNP Par ibas Financia l Ser. Ltd. Mr. Parshuram Bhambalkar, 5th Floor, FinanceTowers, Kaloor, Cochin-682017, Tel:0484-2405501; Keynote Capitals Ltd. CHICAGO PLAZA, 5TH FLOOR, RAJAJI ROAD, COCHIN- 35,Tel:0484-4075555; KOLKATA : Prabhudas Lilladher Pvt. Ltd. Mr. Vijay Kothari, Shop No.304, 306 & 308, 3rd Floor, Lords. 7/1, Lords Sinha Road, Kolkata-700071 Tel:033-40200204; Anand Rathi Shares & Stock Brokers Ltd. Mr. Sukhraj Kaur 501&502 Centra l Plaza 2/6 Sarat Bose Rd, Kolkata-700020, Tel:9861043178; Ashika Stock Broking Ltd. Ms. Arpita Sensarma, “Tr in ity” , 226/1 A J C Bose Road, 1ST Floor, Kolkata-700020, Tel:033-40102500; Ashika Stock Broking Ltd. Mr. Ravi S. Mundra, 226/1 AJC Bose Road, 7TH Floor, Kolkata-700020, Tel:033-40102500; Bonanza Por tfo lio Ltd. Mr. Dharamvir Gupta, 7th Floor, Trin ity Plaza, 84/A, Topsia Road (S)-700046; Eureka Stock & Share Broking Service Ltd. Mr. C. P. Saraya,B3/4, Gillander House, 8, N.S.Road, 3rd Floor, Kolkata - 700 001 Tel:033-39180300; HSBC Invest Direc t Sec. ( I) L td. Mr. Ragwendra Sharma Constantia, Ground Floor, 11 Dr.U.N.Brahmachar i Street, Kolkata, Tel:033-2813257; Microsec Capita l Ltd. Mr. R.K.Sharma, 53 Syed Amir Ali Avenue,1st Floor, Kolkata–700019, Tel:033-30512100; Systematix Shares & Stocks (I) Ltd. Mr. Goutam Choraria , 1 Old Court House Corner, Tobacco house, 2nd Floor, Kolkata-700001, Tel:033-30287505; JM Financia l Services, Mr. Bhaskar Chatopadyay, Kankaria Estate, 8th Flr, 6 th Lit t le RussellStreet, Tel:033-39870330; Angel Broking Ltd. Mr. Antara Biswas, Lords 1st Floor, Suite No.106 & 108, 7/1, Lord Sinha Road, Kolkata-700071, Tel:033-40099899; Kota : Anand Rathi Shares & Stock Brokers Ltd., Mr. Mukesh Chhipa, 1st Floor, Indragyan Complex, Kotri Road, Gumanpura-324007, Tel:9415568907; Systematix Shares & Stocks ( I) Ltd., 187, Shopping Centre, Kota, Rajasthan–3 24007, Tel:0744–2362940; LUCKNOW : Anand Rathi Shares & Stock Brokers Ltd., Mr. Soni Singh, 27/6/1, Taj Plaza , Madan Mohan Malviya Ma rg, Lucknow-226001, Tel:9869323656;Systematix Shares & Stocks (I) Ltd. 120/1, 1st Floor, Indra Karan Plaza, Lalbagh, Lucknow – 226001, Tel:0522-3252516; MANGALORE : Prabhudas Lilladher Pvt. Ltd., Mr. Shashidhar Kamath, C/o. Mulki Inv.& Fin.Consl.Pvt Ltd. Shop No.10, 1st Floor, Divya Enclave, Opp. Canara College, M.G.Street, 6th Cross, Mangalore-575003, Tel:0824-2496370; MEERUT : Bonanza Por tfolio Ltd. Mr. Nitesh Kumar Gupta 205, Kaver i Complex, I I Floor. P.L..Sharma Road. Meerut; MUMBAI : Prabhudas Lilladher Pvt. Ltd. Mr. Manish Bhatt / Nilesh Sadhana House, 3 rd Floor, 570, P. B. Marg, BehindMahindra Tower, Wor li, Mumbai-400018, Tel:022-66322222; Prabhudas Lilladher Pvt. Ltd. Mr. Mayur Shin gre, Off ice No.323, 3rd Floor, Vardhaman Market, Sector 17, Vashi, Navi Mumbai-400705, Tel:022-67122186; Prabhudas L illadher Pvt. Ltd. Mr. Pawan Gohalyan, A-102 Kr ishna Nagr ico-op Hsg Soc, Opp.Sony Mony, S.V.Road, Bor ivali (W) Mumbai-400092, Tel:022-28617527; Prabhudas L illadher Pvt. Ltd. Mr. Tapan Tr ivedi, 7 /10, Runwal Commercia l Complex, L.B.S Marg, Mulund (West) Mumbai-400080, Tel:022-67654951; Prabhudas L illadher Pvt. Ltd. Mr. BhaveshSenghani, 48, M.G. Road, Next to Awaz Company, Ghatkopar (W), Mumbai-400086, Tel:022-25111351; Prabh udas L illadher Pvt. Ltd. Mr. Jasmin Parekh, 428/29, Kailash Plaza, 4th f loor, Opp. Odean Cinema, Gha tkopar (E) , Mumbai-400075, Tel:022-251515001; Almondz Global Secur it iesLtd Mr. Surendra N. Tare, C/o. 9, Crescent Chambers, 2nd Floor, 56 Tamar ind Lane, For t, Near BSE, Mumbai 400001, Tel:022-22618055; Amit Jasani Financia l Services Pvt. Ltd., Mr. Suketu Modi, 301, Hind Rajasthan Chambers, 6, Oak Lane, Opp Gokul Restaurant, For t, Mumbai-400023,Tel:022-66145678; Anand Rathi Shares & Stock Brokers Ltd., Mr. Sushil Baja j, Shop No. 18/19, Anupam CHS Ltd, 60 Feet Road, Opp. Mandvi Bank, Bhayander (W), Thane-401105, Tel:32059681; Anand Rathi Shar es & Stock Brokers Ltd. Mr. Ashok Vashistha, Shop No.4, 5 & 7 TirupatiDarshan Bldg, Fateh Ali Rd, Dombivali (E) , Mumbai–400201, Tel:66104744; Anand Rathi Shares & Stock Brokers Ltd., Mr. Santosh Sawant, J.K. Somani Bldg, 3rd Flr, Bombay Samachar Marg, Mumbai–23, Tel:932 9301003; Anand Rathi Shares & Stock Brokers Ltd., Mr. Shekhar Margaje,4th Flr, Silver Metropolis, Ja i Coach, Opp Bimbisar Nagar, Goregaon (E) , Mumbai-400063, Tel:98234170 27; Angel Broking Ltd., Mr. Shailesh Surve, Har ikesh Grd.Floor, Plot No.185, Corner Of Water f ie ld & 30Th Road, Bandra (W), Mumbai- 400 050 Tel:26555560; Angel Broking Ltd.Mr. Devendranath Katare-CSO 5th f loor, Ackruti Star, MIDC, Andher i (E) , Mumbai-400093, Tel:022-39413 940; Angel Broking Ltd. Mr. Amit 201, Soni Shopping Centre, L.T.Road, Above Kamlesh Jewellers, Bor iva li (W), Mumbai-400 092 Tel:022-28950941; Angel Broking Ltd. Mr. Samir, 32/34,Churchgate House, Veer Nar iman Road, Founta in, Opp. Akbarally’S, Churchgate, Mumbai-400001, Tel:022-22022057; Angel Broking Ltd. Mr. Akhilesh Medha 124, Kailash Plaza, Opp. Odean Cinema, Ghatkopar (E) , Mumbai-400071, Tel:55993188; Angel Broking Ltd. Mr. BhagyashreePradhan, 4C, Shanti Bhuvan, Dr.R.P.Road, Mumbai-400080, Tel:25622282; Angel Broking Ltd., Mr. Ketan Shah, Manoj Villa , 1St Floor, 27- D. Joshi Road, Mumbai – 400056, Tel:022-26102894; Angel Broking Ltd., Ms. Madhur i Kadam, 101, Ramanand Co-Op Society, Gokhale Rd., Nr. BankOf Baroda, Naupada, Thane-400602, Tel:25390786; ANS Pvt. Ltd., Mr. Gautam Gosalia, 207, Business Par k, 2nd Floor, Tilak Road, Opp. Food Spot, Ghatkopar (E), Mumbai-400077, Tel:42576600; ANS Pvt. Ltd., Mr. Kandarp Domadia, 11-A, Pate l Shopping Center, Chandravarkar Lane,Borivali (W), Mumbai-400099, Tel:39427996; ANS Pvt. Ltd., Mr. Nikhil Udani C/9, Satyam Shopping Center, M.G.Road, Ghatkopar (E) , Mumbai-400077, Tel:25104141; Ashika Stock Broking Ltd. 1008, Raheja Cen tre, 10TH Floor, 214 Nar iman Point, Mumbai-400021, Tel:022-6111700; BonanzaPortfolio Ltd. Mr. Chandrashekhar , M-2 Cama Industr ia l State, Walbhat Road, Goregaon (E) , Mumbai-400 063; Bonanza Por tfo lio Ltd. Mr. Bharat Satra, Cash Market Services, G-9, Tilak Bldg, Sewr i (W), Mumb ai-400015; Bonanza Por tfo lio Ltd., Mr. Manoj Raisinghani, 214/215, Kailash Plaza,Plot No. 355, Vallabh Baug Lane, Ghatkopar (E) , Mumbai–75; Canara Bank Secur it ised Ltd., Mr. Santosh G. Pai, 112, 2nd Floor, Sion Garage Build ing, Sion Koliwada Road, Sion (E) , Mumbai-400022, Tel:022- 24063800; Centrum Broking Pvt. Ltd. “Centrum House” , Kalina, Santacruz(E) ,Mumbai-400098, Tel:022-42159437; Dalal & Broacha Stock Broking Pvt. Ltd., Mr. Ansar i J Kausar , 21, Olympus, 179/81 Perin Nar iman Street, For t, Mumbai-400001, Tel:22691732; Dalal & Broacha Stock Broking Pvt. Ltd. Mr. Vipul P. Thakkar, 2, Kar ishma, Utkarsh Mandal Chowk, MahantRoad, Vile Par le (E), Mumbai-400057, Tel:26195251; Edelweiss Broking Ltd. Mr. Prakash Bor icha, 104/1 05, 1st Floor, P.J. Tower, Stock Exchange Building, Fort, Mumbai-400001, Tel:022-67471342; Emkay Global Financial Services Ltd., Mr. Mayur Shah, The Ruby, 7th Floor, Senapati BapatMarg, Dadar (E), Mumbai-400028, Tel:66121212; Enam Secur it ies Pvt. Ltd., Mr. Vinay Ketkar, Khatau Bu ild ing, 2nd Floor, 44, Bank Street, For t, Mumbai-400001 Tel:022-22677901; Eureka Stock & Share Broking Service Ltd., Mr. Samit Patra, Raheja Chambers, R. No. 909, 9th Floor, Nar imanPoint, Mumbai-400021, Tel:022-22025941; For tune Equity Brokers (I) L td., Mr. B. B. Tantr i , K. K. Ch ambers, 2nd Floor, Sir P. T. Marg, For t, Mumbai-400001, Tel:022-22077931; For tune Equity Brokers ( I) L td. Mr. N. Ranganathan, 59, Sonawala Build ing, 1st Floor, B.S. Marg, Fort, Mumbai-400001, Tel:022-22634478; Hitesh Shah Share & Stock Brokers, Mr. M. G. Shah, 75, Per in Nariman Stree t, Shita l Sadan, For t, Mumbai-400001, Tel:022-22695732; HSBC Invest Direct Sec. ( I) L td., Mr. Ajit G andhi, Seksar ia Chambers, 139, Nagindas Master Road, For t, Mumbai-400023,Tel:022-2634902; HSBC Invest Direct Sec. ( I) L td., Mr. Punit Gangdev, Blues Bazaar, Kanaiya Bldg, 25 0-B, L inking Road, Bandra(W), Mumbai-400050, Tel:022-26558496; HSBC Invest Direct Sec. ( I) L td., Mr. Dinesh Salvi, Dhanasingh Processor Premises, J.B. Nagar, Andher i-Kur la Road,Andher i (E) , Mumbai-400059, Tel:022-39673629; IDBI Capita l Market Services Ltd., Mr. Dattaram Kamerkar, 3rd Floor, Mafatla l Center, Nar iman Point, Mumbai-400021, Tel:022-43221143; India Info line Ltd. Mr. Saumitra Bhadkamkar, I IFL House, Sun Infotech Park, Road No. 16V, Plot No.B-23, MIDC, Thane Industr ial Area, Wagle Estate, Thane-400013, Tel:25806650; India Info line Ltd., Mr. Pinkesh, I IFL Centre, Kamala City, Senapati Bapat Marg, Lower Parel, Mumbai-400013, Tel:42499000; JM Financia l Services, Mr. Sahil Shah, Palm Court, M-Wing, 4th Floor, GoregaonLink Road, Malad (W), Tel:022-30877000; JM Financia l Services, Mr. Nilesh Gavle, Ground Floor, Anush ka, New Link Rd, Andheri (W), Tel:022-66191600; Joindre Capita l Services Ltd., Mr. Anil Mutha, 32, Raja Bahadur Mansion, Ground Floor, Opp. Bank of Maharashtra, Mumbai SamacharMarg, For t, Mumbai- 400023; Kaushik N. Shah, Mr. Ashwin Shah, 101, Chandan Chamber, 1st Floor, 138, Mody Street, For t, Mumbai-400001, Tel:022-22621315; Keynote Capita ls Ltd., 207, Kesar Kr ipa, Above Saraswat Bank, Chandavarkar Road, Bor ivali (W), Mumbai-400062, Tel:28915540;Keynote Capita ls Ltd. 4th Floor, Balmer Lawr ie Build ing, 5, J.N.Heredia Marg, Bellard Estate, For t, Mumbai-400001, Tel:30266000; Keynote Capitals Ltd. 401/402, Sumer Kendra, Near Doordarshan, Behind Mahindra Towers, Wor li, Mumbai , Tel:9821222464; Keynote Capita ls Ltd., 116-B, 1st f loor, Kailash Plaza, Vallabh Baug lane, Ghatkopar (E) , Tel:022-61273214; Kotak Secur it ies Ltd., Mr. Sanjeeb Kumar Das, Nir lon House, 3rd Floor, Dr. Annie Besant Road, Near Passport Off ice, Wor li, Mumbai-400030, Tel:022-66529191; LKP Securit ies Ltd., Mr. Dinesh Waghela, Bankof Maharashtra Build ing, 45/47, Bombay Samachar Marg, Mumbai-400001, Tel:022-22660171; Microsec Capi ta l Ltd., Mr. Anurag Goyal 74A, Mitta l Towers, 7th Floor, 210, Nar iman Point, Mumbai-400021 , Tel:93 20356000; Monarch Project & Finmarkets Ltd., Mr. Dinesh Maule, 901/902,Atlanta Centre, Sonawala Lane, Opp. Udhyog Bhavan, Goregaon (E) , Mumbai; Nirmal Bang Securit ies Pvt. Ltd, Ms. Monika Bafna, 38B/39 Khatau Bldg, 2nd Floor ; Alkesh Dinesh Mody Marg, For t, Mumbai-400001, Tel:022-30272358; Reliance Securit ies Ltd., Mr. N. Jithesh Narayanan, 11thFloor, R-Tech IT Park, Nir lon Compound, Behind HUB Mall, Western Express Highway, Goregoan (E) , Mumbai-400063, Tel:022-33201309; SBI CAP Secur ities Ltd., Mr. Namrata Budhyal, 2nd Flr, C Wing, Mafatla l Chambers, N.M. Joshi Marg, Lower Parel, Mumbai-400013. Tel:42273451;Sharekhan Ltd., Mr. Amit Arora, 10th Floor, Beta Building, Lodha iThink Techno Campus, Opp. Kanjurma rg Railwaystation, Kanjurmarg (E) , Mumbai-400042, Tel:022-61169179; Sunidhi Secur it ies & Finance Ltd., Mr. Biswajit Satapathy, 14th Floor, Maker Chamber IV, Nar iman Point, Mumbai-400021, Tel:022-30277792; Sushil Financia l Services Pvt. Ltd., Mr. Hemendra Shah 12, Homji Street, For t, Mumbai - 400 001. Tel:40936000; Sushil Financia l Services Pvt. Ltd., Mr. Jignesh Shah, 301, Majestic Shopping Centre, 144, J.S.S. Girgaum, Mumbai-400004, Tel:022-56330427;Systematix Shares & Stocks ( I) Ltd., Mr. Mahesh M. Ojha, J.K. Somani Build ing, 3rd Floor, Brit ish Ho tel Lane, Near Stock Exchange, For t, Mumbai-400001, Tel:022-30298000; Bonanza Portfolio Ltd., Mr. Naveen Dubey, Delta House, J-1, Cama Industr ia l Estate, Goregoan(E), Mumbai -400063;Bonanza Por tfolio Ltd. Mr. Arvind Jain, 42, Aangan Shopping Centre .Thakur Village Kandivali (E) ; Bonanza Por tfo lio Ltd., Mr. Rakesh Parekh, 214/215, Pate l Shopping Centre, Sai Nath Road, Malad(W); Bo nanza Portfo lio Ltd., Mr. Uma Shankar , Sec-14, Land Mark Society, Vashi, NaviMumbai-400703; JM Financia l Services, Mr. R Mukundan, 2,3,4 Kamanwala Chambers, P M Road, For t, Mumb ai, Tel:022-22665577; JM Financial Services, Mr. Ashit Vora, 1st Floor, Pate l House, Next to Bank of Baroda, M.G. Road, Vilepar le (E) , Mumbai, Tel:022-26135202; JM Financia lServices, Ms. Jyotsna Solanki, Shop No 6, Dattani Trade Center, Chandra Varkar Road, Bor ivali (W), Tel:022-66959120; JM Financial Services, Ms. Charulata Mehta, 424/425 Kalidas Plaza, V B Lane, Ghatkopar (E) , Tel:022-67104738; HDFC Secur ities Ltd, I Think Techno Campus, Build ing-B, “Alpha”, Office Floor 8, opp. Crompron Greaves, Near. Kanjur Marg Station, Kanjur Marg (E) Mumbai , Tel : 022-30750172; Intensive Softshare Pvt. Ltd., Mr. Mudit Ja in, 131 C-Wing, Mitta l Tower, Nar iman Point, Mumbai-400021, Tel:022-22870443; NAGPUR : Prabhudas Lilladher Pvt. Ltd.Mr. Satish Iyer, C/o Apex Investments, C-1, Yugdharma Complex, Centra l Bazar Road, Ramdas Peth, Nagp ur-440010, Tel:0712-25211366; Prabhudas Lilladher Pvt. Ltd. Mr. Bhagirath Trivedi, 1st Floor, Above Fuller tone India, Opp. Gandhi Market, Central Avenue Road, Chapru Nagar, Nagpur-440008, Tel:9326578441; Prabhudas Lilladher Pvt. Ltd. Mr. Mohd. Ateeque Sadique, C/o Aneeque Investment Solutions, Bakra Mandi, Mominpura Chowk, Nagpur, Tel:9422122365; Anand Rathi Shares & Stock Brokers Ltd., Mr. Ravindra Maloo, Bl No 1, Shraddha House, Kingsway 01, Nagpur-440001, Tel:9322852029; Bonanza Portfo lio Ltd., Mr. Hilar i, Sanjay Apts, Opp Harne Mahila Samaj, 274 , Dharampeth Extn, Nagpur; NEW DELHI : Prabhudas Lilladher Pvt. Ltd., Mr. Arun Bansal, 3rd Floor, 54/D-1, Rama Road, Kirt i Nagar Industr ial Area, New Delh i-110015, Tel:011-42900500;Anand Rathi Shares & Stock Brokers Ltd., Ms. Neetu Gupta, 911/912, 9th Flr, Ansal Bhavan, Kasturba G andhi Marg, Cannought Place, New Delh i-110001, Tel:9324904791; Bonanza Por tfo lio Ltd., Mr. Prem Mish ra, 4353/4C, Madan Mohabn Street, Ansari Rd, Darya Ganj; SS CorporateSecur it ies Ltd., Mr. Saurabh Malhotra, NDM-2, Block - D, 3rd Floor, Neta ji Subhash Place, Pitampura, Delh i–110034, Tel:011-47003600; HSBC Invest Direct Sec. ( I) L td., Mr. Ar if Jamal, G - 39 Connaught Circus New Delh i-110001, Tel:011-23318205; Almondz Global Secur it ies Ltd., 2ndFloor, 3, Scindia House, Janpath, New Delh i–110001, Tel:011-41514666; Angel Broking Ltd., Ms. Deepika Sharma, Angle Broking Ltd., A-56, Part-70, 1st Floor, Opp. Moti Nagar Police Station, Najafgarh Ro ad, New Delhi-110015, Tel:011-45030600; Bonanza Por tfo lio Ltd., Mr. Rajeev Aggarwal,4353/4C, Madan Mohabn Street, Ansar i Rd, Darya Ganj; Dala l & Broacha Stock Broking Pvt. Ltd., Mr. Ne eraj Ja in, 18/17, Wea, Dakha House, Karol Bagh, New Delh i–110005, Tel:011-28756444; Keynote Capita ls Ltd., 518, Indra Prakash Bldg, 21, Barakhamba Road, Connaught Place, NewDelhi-110001, Tel:011-30484973; RR Equity Brokers Pvt. Ltd., Mr. Jitender Sachdeva, 412-422, Indrapr akash Bldg., 21 Barakhamba Road, New Delh i-110001, Tel:011-23636362; Systematix Shares & Stocks ( I) Ltd., I-109, 10th Floor, Himalaya House, 23, K.G.Road, Connaught Place, NewDelhi-110001, Tel:011-4 3080808; Vogue Commercia l Co. Ltd., Mr. Nand Kumar, 104, Arunachal Build ing, 19, Barakha mba Road, New Delh i-110001, Tel:011-30484945 ; Bonanza Por tfo lio Ltd., Mr. Bhop Ray, F-2 1 st Floor, Vardhaman Shopping Complex, DP Bl ock Pitampura, Delh i-88; JM Financial Services, Mr Prasad Nair, 114 Himalya House, 23, K G Marg, New Delhi, Tel:011-4130500 0; PATNA : Motila l Oswal Secur ities Ltd., 504 Ashaiana Plaza, Budh Marg, Patna-800001, Tel:9334424678; PUNE : Prabhudas Lilladher Pvt. Ltd. Mr. Sathe, C/o.Yogesh J Shah 114/ A- Behere Arcade, 1st Floor, Prabhat Road, Erandwana, Pune-411004, Tel:9520-25459245; Anand Rathi Sha res & Stock Brokers Ltd., Ms. Rupali Pakhale Deccan Pr ide, 3rd Floor, Deccan Gymkhana, Pune – 04 Tel :9300454549; Bonanza Por tfo lio Ltd. Mr. Madhu Badjate Konark Class,Flat NoD-2, 1st Flr, 21/4/5, Bund Garden Pune 411001; Dala l & Broacha Stock Broking Pvt. Ltd. Mr. Av inash Devadass 111, Akshay Complex, Off. Dhole Patil Road, Pune-411001 Tel:020-56010930; Keynote Cap ita ls Ltd. 1, First Floor, Samar Paradise, D P Road, Aundh, Pune-411 007Tel:020-64015808; Angel Broking Ltd. Ms. Trupti Swaroop 2nd Floor, Dealing Chambers, Above Por tico Restaurant, J.M.Road, Pune - 411 005 Tel:020-25530912; JM Financia l Services Mr Anand Shirke 205 Business Guild, Opp. Kr ishna Din ing Hall, Law College Road, Erandawane, PuneTel:020-39871601; RAIPUR : Prabhudas Lilladher Pvt. Ltd. Mr. Ajay Kumar Khemka C/o.Khemka Investment, Gudhiyari, Raipur - 492 009 Tel:0771-2524281; Prabhudas Lilladher Pvt. Ltd. Mr. Dhiraj Jain C/o. Arham Secur it ies, 140 Mahalakshmi Market, Pandr i, Raipur - 492 004 Tel:0771-40 00011;Anand Rathi Shares & Stock Brokers Ltd. Mr. Vipul Kothari Lal Ganga Shopping Mall, Shop No.229-223, 2nd Floor, G.E.Road, Raipur-492001 Tel:9783801001; Joindre Capita l Services Ltd. Mr. Vinesh Golecha 206, Rishabh Complex, 2nd Floor, M G Road, Raipur-492 001; Rajkot : AngelBroking Ltd. Mr. Ravi Purohit 515-Star Chamber,Har ihar Chowk,Rajkot-360001 Tel:099241-13149; ANS Pvt . Ltd. Mr. Bhavesh N. Sheth Arham Financia l Centre, Panchnath Main Road, Harihar Chowk, Rajkot - 360 001 Tel:0281-2450745; Bharat N. Raiyarela 229, Saurashtra and Kutch StockExchange, Popatbhai sorath iya Bhavan, Sadar Bazar, Rajkot-360001. Tel:0281-2477862; HSBC Invest Dire ct Sec. ( I) L td. Mr. Nirav gosalia 102, Jahnavi Complex, 1st f loor, Dr. Rajendra Prasad Road, Opp Pa nchnath Temple, Rajkot - 360001 Tel:0281-2452798; JM Financia l Services MrSona Verghese 202 Solita ire, 2nd Floor, Swami Vivekanand Marg, Near Municipal Commissioner Bunglow, Ramkr ishna Nagar, Tel:0281-3984101; Jobanputra Fiscal Services Pvt. Ltd. Mr. Jayesh Jobanputra Adina th Towers, ‘F’ Ground Floor, Opp. Akashwani, Rajkot - 360001. Tel:0281-2480501; Matalia Stock Broking Pvt. Ltd. Mr. Rupesh Matalia Matalia House, 21 New Jagannath, Nr. Jain Bhavan, Rajkot - 360001 Tel:0281-2466387; Vora Finstock Pvt. Ltd. Mr. Prashant K. Vora Chunila l Mansion, 2, Panchnath Plot, Rajkot-360001 Tel:0281-2240565; Kamal D. Thakkar,Kwality Department Store, Gita Aprarment, Shop No.7, 25 New Jagnath, Rajkot- 360001 Tel :0281-3043071 RANCHI : Prabhudas Lilladher Pvt. Ltd. Mr. Amit Gupta C/o Anant Investments, Unit 202, 2nd Floor, Girdhar Plaza, Harmu Road, Ranchi - 834 001 Tel:0651-6453395; Motila l OswalSecur it ies Ltd. 31/34, 2nd Floor A.C. Market,GEL Church Main Road Ranchi 834001 Tel:0651-2317500; SURAT : Prabhudas L illadher Pvt. Ltd. Mr.Bhavik Panwala UG-6 & 7, Ascon Plaza, B/h Bhulka Bhavan School, Anand Mahal Road, Adajan, Surat - 395009 Tel:0261-3043168; PrabhudasLilladher Pvt. Ltd. Mr. Jayesh Kevadiya C/o.Jayesh Kevadiya G-12, Opera House, B/h.Super Diamond Market, Min ibazar, Varacha, Surat -395006 Tel:0261-3043116; Prabhudas L illadher Pvt. Ltd. Mr. Maulik Sh ah C/o B.R.Investment, 12/977 Lalgate, Khanbazar, Surat-395003 Tel:0261-2426723; Angel Broking Ltd. Ms. Pooja Chauhan 202, Empire State Bldg. Ring Road, Surat - 395 002 Tel :5514545; JM Financia l Services Mr. Dipen Shah 407, 4th Floor, 21 Century Business Centre, Near Udhn a Char Rasta, Ring Road, Surat - 395 002 Tel:0261-3984000; Sushil Financia lServices Pvt. Ltd. Mr. Nishant Thakkar 111, Khambhati Ni Wadi, Rustampura, Surat-395002 Tel:0261-2328305; HSBC Invest Direct Sec. ( I) Ltd. Ms. Avni Rander ia Rajmal Lakhichand Jewellers Pvt Ltd, 124, Ward No 13a Umra, 2nd Floor, Krishna Vila Wadi, Opp. Pizza Hut, B/S Andhajan School,Ghod dod Road, Surat - 395001 Tel:0261-3048895 ; Thiruvanantapuram : Prabhudas L illadher Pvt. Ltd. Mr. Sreejith S. 2nd Floor, Pullenvila Towers, Pattom, Thiruvanantapuram - 695 004 Tel:0471-2554513; UDAIPUR : Anand Rathi Shares & Stock Brokers Ltd. Mr. K.C. Pandya, 46 Madhuban, Near ICICI Bank Tel:9307217112; VADODARA : Prabhudas Lilladher Pvt. Ltd. Mr. Mukesh Sheth, F-1, Vaikunth Complex, 1st Floor, 27 Anand Nagar Society, Productivt iy Road, Alka puri, Vadodara - 390 005 Tel: 0265-2320568; Angel Broking Ltd. Kiran Bhalekar 2nd Floor, Haribhakti House,Opp.Kalaghoda Sayajiganj, Baroda-390005 Tel:0265-5524280; Bonanza Por tfo lio Ltd. Kashyap S. Gupta Of f ice No.1, 1st Floor, Sheel Commercia l Complex, Racecourse Road, Ellora Park, Baroda – 390007 ; HSBC Invest Direct Sec. (I) Ltd. Ms. Rinkal 141/144 Siddhar th Complex, 1 st Floor,R C Dutt Road, Alkapur i, Baroda - 390 005 Tel:0265-2327093; Joindre Capita l Services Ltd. Mr. Suresh Sisodia 509, Blue Chip Towers, Sayaji Gunj, Baroda, Gujarat - 390 005; Dala l & Broacha Stock Broking Pvt. Ltd. Mr. Heta l D. Pandya 64/65, Paradise Complex, Gr. Floor, Sayajigunj,Baroda – 390005 Tel:0265-22361610; JM Financial Services Mr. Ghanshyam Vyas G1Ground Floor, Shohan, 49 Alkapur i Society, Opp. HDFC Babk, Alkapur i, Tel:0265-3984300; VARANASI : Anand Rathi Shares & Stock Brokers Ltd. Ajay Pandy, 33-34, 3rd Floor, Ishwar Tower, Luxa Road,Varanasi-221010 ; Sushil Financia l Services Pvt. Ltd. Mr. P.K. Tibrewal Raja Katra Chowk, Varanasi-221001 Tel:0542-2412999; VISAKHAPATNAM : JM Financial Services Mr D. Vijay Kumar Door No 9-1-224/4/3, 1st Floor, Nandan Nirman, CBM Compound, Near Rama Talkies Junction, Tel:0891-3983800; Steel City Secur it ies Ltd., Mr. K. V. Ravi Prasad, 49-52-5/4, Shantipuram, Visakhapatnam-53 0016, Tel:0891-2796984.

BIDDING CENTRE DETAILS

Sr. Bank Controlling Branch Contact Person Tel. No. Fax

1. Axis Bank Ltd. 9th Floor, Solaris, C-Wing, Opp L&T Gate No 6, Saki Vihar Road, Powai , Mumbai – 400072 Mr Kiri t Rathod, Vice President 022-40754981/82/83/ 022-407549962. State Bank of Hyderabad Gunfoundry, Hyderabad - 500 001 Mr. Sri A.uday Shankar 040-23387325 040-233877433. Corporat ion Bank Capital Market Branch, 1st Floor, Earnest House, Mr Amod Kumar 022-22841406/ 022-22843823

NCPA Marg, Nar iman Point , Mumbai -400021 22842764/98703400314. State Bank of Anakatchery Bui ldings, Y M C A Road, Statue, P.P. Muraleedharan 0471-2333676 0471-2338134

Travencore Thiruvananthapuram-6950015. IDBI Bank Ltd. IDBI Bank Limited, Cent ral Processing Unit, Sarju House, 3rd Floor, Mr. Sunil Rangari 022-6670 0656 022-66700669/708

Plot No. 90, Road No. 7, Andher i (East) , Mumbai – 400 0936. State Bank of Bikaner Tilak Marg Branch Mr. S K Agrawal 0141-2227175, 0141-2227485

& Jaipur Ti lak Marg C -Scheme, Jaipur 302 005 5101564/094141816517. YES Bank Ltd. YES Bank Limi ted, Tiecicon House,Second Floor, Dr. E Moses Road, Mr. Mahesh Shirali 022 66229031 022 24974875

Mahalaxmi , Mumbai 400 0118. Punjab Nat ional Bank Capital Market Services Branch, PNB House, For t, S ir P.M.Road,Mumbai Mr. K K Khurana 022-22621122, 22621123 022-226211249. Deutsche Bank Sidrah, 110, Swami Vivekananda Road, Khar (West) , Mumbai- 400052 Manish Kulkarni 022-6600 9428 022-6600966610. Union Bank of India Mumbai Samachar Marg, Fort , Mumbai - 400 023. Mr. Hemant Bhat ia 022-22629411 022-2267668511. HDFC Bank Ltd. FIG – OPS Department , HDFC Bank Ltd, Lodha - I Think Techno Campus, Mr. Deepak Rane 022-30752928 022 -25799801

O-3 Level , Next to Kanjurmarg,Railway Stat ion, Kanjurmarg (East), Mumbai - 400042 Mr. Uday Dixit 022-3075292712. Bank of Baroda Mumbai Main Off ice, Mumbai Samachar Marg, For t, Mumbai - 400 023. Mr. Sonu A. Arekar 40468314, 40468307, 022-2283523613. ICICI Bank Ltd. Capital Market Division,Fort Mr. Roshan Tel lis 022-22627600 022-2261113814. Vi jaya Bank 41/2, M.g.road, Bangalore Mr. Sadanand Bhat 080-25584281 080-2558428115. Bank of Maharasht ra For t Branch, 1st Floor, Janmangal, 45/47, A D Deshpande 022-22694160 022-22681296

Mumbai Samachar Marg, Mumbai – 400023 (Assistant General Manager) 22652595/22663947 973000043816. State Bank of India Capital Market Branch, Videocon Heritage, Kl ick House, Opp. Mtnl Offi ce, Mrs. Surekha Shinde P:022- 2266 2133 022-2265 0747

Charanjit Rai Marg, Fort, Mumbai-400 001 Asst. Manager M:0-98704 9868917. Andhra Bank 18, Homi Modi S treet , Nanavati Mr.K.Umamaheswaram 022-22046160

Mahalaya, Fort Branch, Mumbai-400023. Chief Manager 022-2204616018. HSBC Ltd. 3rd Floor, PCM Dept . Umang, Plot CTS No. 1406-A/28, Mindspace, Mr Chetan Nangal ia (022) 67115461/ (022) 66536005

Malad (West) Mumbai 400 064 9920241555

19. Kotak Mahindra Kotak Infiniti, 6th Floor, Building No. 21, Inf inity Park, Sanjay Sawant +91 22 66056587 +91 22 66056642Bank Ltd. Off Western Express Highway, General AK Vaidya Marg,Malad (E) , Mumbai

20. Bank of India Stock Exchange Branch, Phiroze Jeejeebhoy Tower, (New Stock Exchange Bui lding), Shri B . B . Sharma, 022-2272/1677(Di rect) 022-2272 1782P. J. Tower, Dalal St reet , fort, Mumbai – 400 023. Manager 022-2272/2399(Board)

21. CITI Bank Ci tigroup Center, Plot No C-61, Bandra-Kurla, Complex, Bandra (E) , Mumbai - 400 051 S Girish 022-26535504 98199 022-2653582412248

22. IndusInd Bank Premises No. 1, Sonawala Building 57, Mr. Yogesh Adke 9833670809 022 - 66366590Mumbai Samachar Marg, For t, Mumbai 400 001 022-66366589

23. A l lahabad Bank Al lahabad Bank, Fort Branch, 37, Mumbai Samachar Marg, Post Box No. 282, Shri S . K . Jain (022) 22655739, (022) 22661935Mumbai, Maharasht ra 400 023 Chief Manager 22662018

24. Karur Vysya Bank Ltd. Demat Cel l, First Floor, No 37, Whi tes Road, Royapet tah, Chennai - 600 014 Nori Subrahmanyam 044-28518265 044-2851826925. The Federal Bank ASBA CELL, Retail Business Dept ., Mr. Ramesh Babu K 0484-2201847 04842385605

Limi ted Federal Bank, Marine Dr ive, Ernakulam 682031 Manager Admn.26. Indian Bank Nandanam Branch- 480 Anna Salai , Mr. V Muthukumar 044 24330233 044 24347755

Nandanam 600035 Mr. M Veerabahu27. Cent ral Bank of India Ground floor, Chandermukhi, Nariman Point , Mumbai- 400021 Mr. Arjun 022-6636 1918/ 022-66361919/190628. Or iental Bank of 67, Bombay Samachar Marg, Sonawala Building, Shri B .K. Palrecha 022-22654791/95 022-22654779

Commerce Fort, Mumbai -400001 Asstt. General Manager29. Standard Chartered Bank 90 M.G.Road For t, Mumbai 400 001 Joseph George +91 22 22683955 +91 22 2209221630. J. P. Morgan Chase Bank J.P. Morgan Tower, Off C.S.T. Road Nandi ta Halady 022-6157 3833 022-6157 3910

N.A. Kalina Santacruz - East, Mumbai 400 09831. Nutan Nagrik Sahakari Opp samratheshwar mahadev, Mi ti shah 9879506795 07926564715

Bank Ltd. Nr . Law Garden, El lisbbr idge, Ahmedabad32. UCO Bank D.N.Road (Retail) Branch, Mumbai Senior Manager 022 40180102 022 2287075433. Canara Bank Capital Market Services Branch, Verma, Chambers, Ground floor, 11 Homji Mr. Nandkumar 022 - 22692973 022 - 22664140

Street, Fort , Mumbai 400 001 G. Nikam 2266281634. Uni ted Bank of India Dharamtala Branch, 39, Lenin Sarani , Kolkata – 700 013. Mr Ami tabh Rai , 033 - 22265574, 033 - 2226557335. Syndicate Bank Capital Market Services Br., 26A,First Floor, SyndicateBank bldg., P.M.Road, Fort, Mumbai-1 Mr. Ashok Reddy, 022-22621844 022-22700996/736. South Indian Bank ASBA Cell (Nodal Offi ce), 2nd Floor,SIB Building, Mr. John K Mechery 09645817905 0484-2351923

Market Road, Ernakulam – 682035, Kerala, India.37. Indian Overseas Bank Chennai DP, I Floor, New No.47, Hall s Road, Egmore, Chennai 600 008 Mr. K Chandrasekaran 28193617 2819361938. Tamilnad Mercant ile Depository Participant Services Cell ,Third Floor, P lot No.4923, Mr. R.Kr ishnamoorthi 044-26192552 044-26204174

Bank Ltd. Ac/16,2nd Avenue, Anna Nagar (West) ,Chennai - 600 040, Tamilnadu 984282978239. City Union Bank Ltd. 48, Mahalakshmi St., T.Nagar, Chennai - 600 017, Tamil Nadu. Mr. Sivaraman 044-24340010,24343517 044 - 2434858640. BNP Paribas French Bank Bldg., 62, Homji Street, Fort, Mumbai – 400 001 Mr. Prem Mariwala 022-66501376 022 – 6650162041. The Kalupur Commercial Kalupur Bank Bhavan, Nr. Income Tax Mr. Jay V. Pathak 079-27582028 079-40014118

Co-operat ive Bank Ltd Ci rcle, Ashram Road, Ahmedabad-380 014 Manager 079-4001414942. Bank of America N.A. 748, Anna Salai, Chennai -600002 Swaminathan Ganapathy 044-42904526 044-2852255043. The Lakshmi Vilas 64,Dr. V.B.Gandhi Marg, P.B.No.1783, Kalaghoda, Raghu Nagarajan 022-22672255 22670267

Bank Ltd. Fort Mumbai, Great Mumbai District, Maharashtra-400001 22672247(M)44. State Bank of Patiala CO 99-102, Sector - 8C, Chandigarh Shri. Amarjit Singh Girn 0172-2779116, 2546124, 0172-254608045. State Bank of Mysore P.B.No.1066, #24/28, Cama Building, Dalal Street, Fort, Mumbai-400 001. Mr.Rajeshwar Das, Manager 09022469176 022-2265634646. The Surat Peoples Central Office.Vasudhara Bhavan, Timaliyawad, Nanpura, Surat – 395001 Mr. Iqbal Shaikh 0261-2464577 0261-2464577,592

Co-op Bank Ltd47. Dhanlaxmi Bank Limited The Dhanlaxmi Bank Ground Floor, Janmabhoomi Bhavan, Plot 11-12, Niranjan Ketkar 022 – 2202535 022-22028208

Janmabhoomi Marg, Fort Mumbai, Maharashtra - 400 00148. The Saraswat Madhushree, Plot No. 85, 4th Floor, District Business Centre, Sector – 17, Mr. A. A. Bhatia (O) 27884161 27884162 27884153

Co-operative Bank Ltd. Vashi , Navi Mumbai – 400703 27884163 2788416449. DBS Bank Ltd DBS Bank Ltd, Fort House, 221, Dr. D.N. Road, Fort, Mumbai, 400 001 Amol Natekar +91 22 6613 1213 +91 22 6752 8470

LIST OF SELF CERTIFIED SYNDICATE BANKS (SCSBs) UNDER THE ASBA PROCESS

ASBA investors may approach any of the above banks for submitting their application in this issue. For the complete list of SCSB’s & their designated Branches pleaserefer to the websites of SEBI, BSE and NSE at www.sebi.gov.in/pmd/scsb.html, www.bseindia.com and www.nseindia.com respectively.

I/We (on behalf of joint applicants, if any) confirm that the Transaction Registration Slip (TRS) for my/our bids are enclosed for the revisions which arebeing requested. I/We agree to be bound by all the terms & conditions mentioned in the Bid cum Application Form submitted earlier by me/us. I/We (onbehalf of joint applicants, if any) authorize you to reject this Bid Revision Form in case any of the details of my existing Bids as appearing on the electronicbook building system do not tally with the details given in this Revision Form.

INSTRUCTIONS FOR FILLING UP THE BID REVISION FORM

1. Name of Sole/ First Applicant should be exactly the same as it appears in the depository records. In case of joint Bids, only the name of the firstBidder (which should also be the first name in which the beneficiary account is held) should be provided in the Bid cum Application Form.

2. Please ensure that the Bid Options provided are in the same order as that provided in the Bid Cum Application Form submitted earlier.3. In case there is no change in the particular Bid Option, please write “NO CHANGE”. In case you want to cancel the Bid Option, please write “CANCELLED”.4. Total Bid Amount payable must be calculated for the highest of three options at Bid Price. The payment instruments for payment into the Escrow Accounts

should be drawn in favour of “Escrow Account - Goodwill Public Issue - R” in the case of Resident Retail Bidders. For ASBA Bidders, please ensurethat your Bank has notified an SCSB Branch in the city where Application Form is being submitted. Please ensure that similar payment option, A orB has been used for submission of Bid Cum Application Form as well as Revision Form. Revision of Bids in case of Revision of Price Band : Incase of an upward revision in the Price Band, Retail Individual Bidders who had Bid at Cut-off Price could either (i) revise their Bid or (ii) shall makeadditional payment based on the cap of the revised Price Band (such that the total amount i.e., original Bid Amount plus additional payment does notexceed ` 2,00,000 if the Bidder wants to continue to Bid at Cut-off Price), with the Syndicate to whom the original Bid was submitted. In case the totalamount (i.e., original Bid Amount plus additional payment) exceeds ` 2,00,000, the Bid will be considered for allocation under the Non-Institutional Portionin terms of the RHP. If, however, the Bidder does not either revise the Bid or make additional payment and the Issue Price is higher than the capof the Price Band prior to revision, the number of Equity Shares Bid for shall be adjusted downwards for the purpose of allocation, such that no additionalpayment would be required from the Bidder and the Bidder is deemed to have approved such revised Bid at Cut-off Price. In case of a downward revisionin the Price Band, Retail Individual Bidders, who have bid at Cut-off price could either revise their Bid or the excess amount paid at the time of biddingwould be refunded from the Escrow Account or unblocked by the SCSBs.

5. Thumb impressions and signatures other than in the languages specified in the Eighth Schedule to the Constitution of India must be attested by a Magistrateor a Notary Public or a Special Executive Magistrate under official seal. Signature of bank account holder is applicable only in case of ASBA option,where applicant and bank account holder are different.

6. Other Instructions: (a) Bids must be made only in the prescribed Revision Form, as applicable. (b) Revision Form must be completed in full, in BLOCKLETTERS in ENGLISH. (c) Bidders should note that the Syndicate Members will not be liable for errors in data entry due to incomplete or illegible RevisionForms. (d) Ensure that Transaction Registration Slip (“TRS”) for your Bid and any other applicable documents in support of the Revision are attachedwith the Revision Form.

ISSUE STRUCTURE

Particulars QIBs Non-Institutional Bidders Retail Individual BiddersNumber of Equity Shares* Not more than [•] equity shares or Issue less allocation to Not less than [•] equity shares or Issue less Not less than [•] equity shares or Issue less

Non-Institutional Bidders and Retail Bidders allocation to QIB Bidders and Retail allocation to QIB Bidders and Non-Individual Bidders Institutional Bidders

Percentage of Issue Size Not more than 50% of the Issue (of which 5% shall be available for Not less than 15% of the Issue or Issue Not less than 35% of the Issue or Issue lessavailable for allocation allocation for Mutual Funds) or Issue less allocation to Non-Institutional less allocation to QIB Bidders and Retail allocation to QIB Bidders and Non-

Bidders and Retail Bidders. Mutual Funds participating in the 5% Individual Bidders Institutional Biddersreservation in the QIB Portion will also be eligible for allocation in theremaining QIB Portion. The unsubscribed portion, if any, in the MutualFund portion will be available to remaining QIBs.

Basis of Allocation if respective Proportionate as follows: (a) Upto [•] Equity Shares shall be allocated Proportionate Proportionatecategory is oversubscribed on a proportionate basis to Mutual Funds in the Mutual Funds Portion;

(b) Balance [•] Equity Shares shall be allocated on a proportionatebasis to all QIBs including Mutual Funds receiving allocation as per(a) above.

Mode of Allotment Compulsorily in dematerialised form Compulsorily in dematerialised form Compulsorily in dematerialised form

Allotment lot [•] equity shares and in multiple of 1 equity share thereafter [•] equity shares and in multiple of 1 equity [•] equity shares and in multiple of 1 equityshare thereafter share thereafter

Trading Lot One Equity Share One Equity Share One Equity Share

Who can Apply** Public financial institutions, as specified in Section 4A of the Companies Resident Indian individuals, HUF (in the Individuals (including NRIs and HUFs in theAct, scheduled commercial banks, mutual funds, foreign institutional name of Karta), companies, corporate bodies, name of Karta) applying for Equity Sharesinvestor registered with SEBI, multilateral & bilateral development NRIs, societies and trusts such that the Bid Amount does not exceedfinancial institutions, Venture Capital Funds registered with SEBI, ` 200,000 in value.foreign Venture capital investors registered with SEBI, State IndustrialDevelopment Corporations, Insurance Companies registered with theInsurance Regulatory and Development Authority, Provident Funds withminimum corpus of ` 2,500 lakh and Pension Funds with minimumcorpus of ` 2,500 lakh, National Investment Fund set up by ResolutionNo. F. No. 2/3/2005-DDII dated November 23, 2005 of Government ofIndia published in the Gazette of India, insurance funds set up andmanaged by the army, navy and air force of the Union of India, andinsurance funds set up and managed by the Department of Posts, GoI.

Terms of Payment The entire Bid Amount on bidding, to be blocked by the SCSBs The entire Bid Amount on bidding, to be The entire Bid Amount shall be payable atpursuant to Bids being submitted by ASBA Bidder blocked by the SCSBs pursuant to Bids the time of submission of Bid cum

being submitted by ASBA Bidder Application Form to the Members of thesyndicate. In case of ASBA Bidders, theSCSBs shall be authorised to block suchfunds in the bank account of the ASBABidder that are specified in the ASBA Bidcum Application Form.

* Subject to valid bids being received at or above the Issue Price. Under subscription, if any, in any category would be met with spill-over from other categories or a combination of categories in accordancewith applicable laws, regulations and guidelines. Investors may note that in case of over-subscription in the Issue, allotment to QIB Bidders, Non-Institutional Bidders and Retail Individual Bidders shall be ona proportionate basis** In case the Bid cum Application Form is submitted in joint names, the investors should ensure that the demat account is also held in the same joint names and in the same sequence in which they appearin the Bid cum Application Form.

IN THE NATURE OF ABRIDGED PROSPECTUS-MEMORANDUM CONTAINING SALIENT FEATURES OF THE RED HERRING PROSP ECTUSBIDDER’S UNDERTAKING FOR REVISION FORM

Bid Price Discount, if any Net Price "Cut-off"4 3 2 1 4 3 2 1 4 3 2 1 (Please tick)

REVISED BID

REVISED BID

REVISED BID

6. PAYMENT DETAILS (Please tick (33333) any one of payment option A or B below)

Additional Amount Paid (` in figures)_________________________ (` in words)_______________________________________________________________________

(A) CHEQUE/ DEMAND DRAFT (DD)

Cheque/DD No. Dated

Drawn on (Bank Name & Branch)

(B) ASBA

Bank A/c No.

Bank Name & Branch ____________________________________________________

______________________________________________________________________

PLEASE CHANGE MY BID

Bid cum ApplicationForm No.

I/WE (ON BEHALF OF JOINT APPLICANTS, IF ANY) HEREBY CONFIRM THAT I/WE HAVE READ AND UNDERSTOOD THE TERMS AND CONDITIONS OF THIS BID REVISION FORM AND THE ATTACHED FORM 2A AND HEREBY AGREE ANDCONFIRM THE ‘BIDDERS UNDERTAKING’ AS GIVEN OVERLEAF. I/We (on behalf of joint applicants, if any) hereby confirm that I/We have read the Instructions for Filling up the Bid revision Form given overleaf.

PLE

AS

E F

ILL

IN B

LOC

K L

ET

TE

RS

TEA

R H

ER

ETE

AR

HE

RE

4. FROM (as per last Bid or Revision)

OLD BID

No. of Equity Shares Bid(Bids must be in multiples of Bid Lot as advertised)

Option 1

(OR) Option 2

(OR) Option 3

Bid Options

(In Figures)

Price per Equity Share (`̀̀̀̀)/ "Cut-off" (Price in multiples of `̀̀̀̀ 1/- only)(In Figures)

Bid Price Discount, if any Net Price "Cut-off"

5. TO (Revised Bid) (Only Retail Individual Bidders can Bid at “Cut-off”)

1. NAME & CONTACT DETAILS of Sole / First Applicant

Mr. / Ms.

Tel. No (with STD code) / Mobile

SYNDICATE MEMBER'S STAMP & CODE BROKER’S/AGENT’S STAMP & CODE

ESCROW BANK / SCSB BRANCH STAMP & CODE SUB-BROKER’S/SUB-AGENT'S STAMP & CODE

BANK BRANCH SERIAL NO. REGISTRAR’S / SCSB SERIAL NO.

2. PAN OF SOLE / FIRST APPLICANT

3. BIDDER’S DEPOSITORY ACCOUNT DETAILS NSDL CDSL

For NSDL enter 8 digit DP ID followed by 8 digit Client ID / For CDSL enter 16 digit Client ID

PAN

Stamp & Signature of Banker

Cheque / DD/ASBA Bank A/c No.

Received from Mr./Ms.

Telephone / Mobile Email

TEAR HERE

Additional Amount Paid (`) Bank & Branch

DPID/

CLID

TEAR HERE

Acknowledgement of Sydicate Member / SCSB

Acknowledgement Slip for Bidder

Name of Sole / First Applicant

Additional Amount Paid (`)

No. of Equity Shares

Option 1 Option 2 Option 3

Bid Price

Cheque / DD/ASBA Bank A/c No.

Bank & Branch

D D M M Y Y

7 6 5 4 3 2 1 4 3 2 1

No. of Equity Shares Bid(Bids must be in multiples of Bid Lot as advertised)

Option 1

(OR) Option 2

(OR) Option 3

Bid Options

(In Figures)

Price per Equity Share (`̀̀̀̀) / "Cut-off" (Price in multiples of `̀̀̀̀ 1/- only)(In Figures)

7 6 5 4 3 2 1

4 3 2 1 4 3 2 1 (Please tick)

C K

C KC K

Cr

yst

al (022) - 6614 0900

cfl_mum

@crystalform

s.comBid cum

ApplicationForm No.

Bid cumApplication

Form No.

7A. SIGNATURE OF SOLE/ JOINT APPLICANT(S) BROKER’S / SCSB BRANCH’S STAMP(Acknowledging upload of Bid in

Stock Exchange system)

7B. SIGNATURE OF ASBA BANK ACCOUNT HOLDER(s)(AS PER BANK RECORDS) (FOR ASBA OPTION ONLY)

I/We authorize the SCSB to do all acts as are necessary to make the Application in the Issue

Date : ________________, 3)

1)

2)

BOOK BUILDING ISSUE

I N E 4 8 7 M 0 1 0 1 6

GOODWILL HOSPITAL AND RESEARCH CENTRE LIMITEDPUBLIC ISSUE - R

BID REVISION FORMFOR ASBA / NON-ASBA

FOR RESIDENT INDIAN, QIB, ELIGIBLE NRI’sAPPLYING ON A NON-REPATRIATION BASIS

To,The Board of DirectorsGOODWILL HOSPITAL AND RESEARCH CENTRE LIMITED

Acknowledgement Slipfor Syndicate Member /

SCSB

GOODWILL HOSPITAL AND RESEARCH CENTRE LIMITEDBID R E V I S I O N F O R M

GOOD

WILL

HOSP

ITAL A

ND RE

SEAR

CHCE

NTRE

LIMI

TED

BID RE

VISION

FORM