SHRIRAM CITY UNION FINANCE LIMITED - Karvy Mark
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CK SHRIRAM CITY UNION FINANCE LIMITED APPLICATION FORM SHRIRAM CITY UNION FINANCE LIMITED - NON-CONVERTIBLE DEBENTURES (“NCDs”) ISSUE OPENS ON : THURSDAY AUGUST 11, 2011 ISSUE CLOSES ON: SATURDAY AUGUST 27, 2011 Application No. 62504908 PUBLIC ISSUE BY SHRIRAM CITY UNION FINANCE LIMITED, (“COMPANY” OR “ISSUER”) OF SECURED NON-CONVERTIBLE DEBENTURES OF FACE VALUE OF ` 1,000 EACH, (“NCDS”), AGGREGATING UPTO ` 37,500 LAKHS WITH AN OPTION TO RETAIN OVER-SUBSCRIPTION UP TO ` 37,500 LAKHS FOR ISSUANCE OF ADDITIONAL NCDS AGGREGATING TO A TOTAL OF UP TO ` 75,000 LAKHS, HEREINAFTER REFERRED TO AS THE “ISSUE”. Broker’s Name & Code Bank Branch Stamp Sub-Broker’s/ Agent’s Code KSBL 23/07701-38 Date of Receipt Bank Branch Serial No. To, The Board of Directors, Shriram City Union Finance Limited, 123, Angappa Naicken Street, Chennai-600 001, Tamil Nadu Dear Sirs, Having read, understood and agreed to the contents and terms and conditions of Shriram City Union Finance Limited’s Prospectus dated August 1, 2011, (“Prospectus”) I/We hereby apply for allotment to me/us; of the under mentioned NCDs out of the Issue. The amount payable on application for the below mentioned NCDs is remitted herewith. I/We hereby agree to accept the NCDs applied for or such lesser number as may be allotted to me/us in accordance with the contents of the Prospectus subject to applicable statutory and/or regulatory requirements. I/We irrevocably give my/our authority and consent to IDBI Trusteeship Services Limited, to act as my/our trustees and for doing such acts and signing such documents as are necessary to carry out their duties in such capacity. I/We acknowledge that the NCDs will be pari passu with other secured creditors and will have priority over unsecured creditors. I/We confirm that: I am/We are Indian National(s) resident in India and I am/ we are not applying for the said NCDs as nominee(s) of any person resident outside India and/or Foreign National(s). I/We further confirm that applications made by me/us do not exceed the investment limit on the maximum number of NCDs which may be held by me/us under applicable statutory and/or regulatory requirements. Notwithstanding anything contained in this form and the attachments hereto, I/we confirm that I have carefully read and understood the contents, terms and conditions of the Prospectus, in their entirety and further confirm that in making my/our investment decision: (i) I/we have relied on my/our own examination of the Company and the terms of the Issue, including the merits and risks involved, (ii) our/my decision to make this application is solely based on the disclosures contained in the Prospectus, (iii)my/our application for NCDs under the Issue is subject to the applicable statutory and/or regulatory requirements in connection with the subscription to Indian securities by me/us, (iv) I/we am/are not persons resident outside India and/or foreign nationals within the meaning thereof under the Foreign Exchange Management Act, 1999, as amended and rules regulations, notifications and circulars issued thereunder, and (v) I/we have obtained the necessary statutory and/or regulatory permissions/consents/approvals in connection with applying for, subscribing to, or seeking allotment of NCDs pursuant to the Issue. Please fill in the Form in English using BLOCK letters d d / m m / 2011 Date APPLICANTS’ DETAILS NAME OF SOLE/FIRST APPLICANT Mr./Mrs./Ms. NAME OF GUARDIAN Mr./Mrs./Ms. (In case of minor only) ADDRESS (of Sole / First Applicant) AGE DATE OF BIRTH (Compulsory for minor) Pin Code (Compulsory) City d d m m years y y y y E-mail Telephone SECOND APPLICANT Mr./Mrs./Ms. THIRD APPLICANT Mr./Mrs./Ms. OTHER DETAILS OF SOLE/FIRST APPLICANT CATEGORY (Please ) Public Financial Institution Commercial / Co-operative / Regional Rural Bank Provident Fund, Pension Fund, Superannuation Fund and Gratuity Fund National Investment Fund Category I Statutory Corporation Venture Capital funds registered with SEBI Insurance Companies registered with the IRDA Mutual Funds Public/Private Charitable/Religious Trusts Scientific and/or Industrial Research Organisations Category II Companies / Bodies Corporate / Registered Societies Partnership Firms in the name of the partner Limited liabiity partnership Category III Resident Indian individual Hindu Undivided Family through the Karta DEPOSITORY PARTICIPANT DETAILS Depository Name (Please ✓) National Securities Depository Limited (NSDL) Central Depository Services (India) Limited (CDSL) Depository Participant Name I DP - ID N Beneficiary Account Number (16 digit beneficiary A/c. No. to be mentioned above) INVESTMENT DETAILS Options Frequency of Interest Payment Face Value & Issue Price (` / NCD) (A) * Subject to the exercise of the put and/or call option I II Annual Annual ` 1,000 ` 1,000 COMMON TERMS OF THE ISSUE: ` 10,000/- (10 NCDs) (for all options of NCDs, namely Options I Minimum Application and Option II either taken individually or collectively) ` 1,000 (1 NCD) In Multiples of ` 1,000 (1 NCD) ‘CARE AA’ for an amount of upto ` 75,000 Lacs Credit Rating - CARE ‘CRISIL AA-/Stable’ for an amount of upto ` 75,000 Lacs Credit Rating - CRISIL Coupon (%) per annum NCD Holders in Category I and Category II 11.60% Individual/HUFs with application up to ` 5 lakh 12.10% 11.50% 11.85% Individual/HUFs with application above ` 5 lakh 11.85% 11.60% NCD Holders in Category I and Category II 11.60% 11.50% Individual/HUFs with application up to ` 5 lakh 12.10% 11.85% Individual/HUFs with application above ` 5 lakh 11.85% 11.60% Effective Yield (%) (per annum) Put and call option Exercisable at the end of 48 months from the Deemed Date of Allotment Nil 60 months* 36 months 60 months from the Deemed Date of Allotment* 36 months from the Deemed Date of Allotment. Tenor Redemption Date Redemption Amount (`/NCD) Repayment of the Face Value plus Repayment of the Face Value any interest that may have accrued at plus any interest that may have the Redemption Date, or at the date accrued at the Redemption Date. of early redemption if any Put Option or Call Option is exercised, as the case may be* No of NCDs applied for (B) Amount Payable (` ) (A x B) Total Number of NCDs (I + II) Grand Total (I+II) (` ) Issuer Stock Exchanges proposed for listing of the NCDs Issuance and Trading Trading Lot Depositories Security : Shriram City Union Finance Limited : NSE & BSE : : : : Compulsorily in dematerialised form 1 (one) NCD NSDL and CDSL Security for the purpose of this Issue will be created in accordance with the terms of the Debenture Trust Deed. For further details please refer to the section titled “Issue Structure” beginning on page 144 of the Prospectus. Rating : For further details, please refer to section titled “Credit Rating and Rationale” on page 28 of the Prospectus. Issue Schedule** : The Issue shall be open from August 11, 2011 to August 27, 2011 with an option to close earlier and or extend upto a period as may be determined by our Board. Pay-in date : 3 (three) Business Days from the date of reciept of application or the date of realisation of the cheques/demand drafts, whichever is later. Deemed Date of Allotment : Deemed date of allotment shall be the date of issue of the Allotment Advice / regret. ** The subscription list shall remain open for a period as indicated, with an option for early closure or extension by such period, upto a period of 30 days from date of opening of the Issue, as may be decided by the Board of Directors of our Company. In the event of such early closure of subscription list of the Issue, our Company shall ensure that notice of such early closure is given on such early date such early date of closure through advertisement/s in a leading national daily newspaper. SUBMISSION OF APPLICATION FORM: All application Forms duly completed together with cheque/bank draft for the amount payable on application must be delivered before the closing of the subscription list to any of the Bankers to the Public Issue (as mentioned overleaf) or collection centre(s)/ agent(s) as may be specified before the closure of the Issue. Applicants at centres not covered by the branches of collecting banks can send their forms together with a cheque/ draft drawn on/payable at a local bank in Chennai to the Registrar to the Issue by registered post. For further details, please see General Instruction no. 56. ADDITIONAL APPLICATIONS : An applicant is allowed to make one or more applications for the NCDs for the same or other options. For further details, please see General Instruction no. 65. BASIS OF ALLOTMENT : On First come first serve basis, (determined on the basis of date of receipt of each application duly acknowledged by the Bankers to the Issue) : Applicants belonging to the Institutional Portion, will be alllocated upto 10% of overall issue size. Applicants belonging to the Non-Institutional Portion will be allocated upto 10% of overall issue size. Applicants belonging to category III Applicants (Resident Individuals/HUFs) will be allocated upto 80% of overall issue size (of which investors applying upto ` 5 lakhs shall be given preferential allotment of NCDs upto 60% of overall issue size).(For further details, please see General Instruction no.71). Minimum allotment will be of 1 NCD and in multiples of 1 NCD thereafter. PAYMENT DETAILS (See General Instruction no. 61) Total Amount Payable (` in figures) Cheque / Demand Draft No. _________________________________________ Dated ____________________/ 2011 (` in words) Drawn on Bank__________________________________________________________________________________________ Branch__________________________________________________________________________________________________ Please Note : Cheque / DD should be drawn in favour of “Escrow Account SCUF NCD Public Issue” by all applicants. It should be crossed “A/c Payee only”. Please write the sole/first Applicant’s name, phone no. and Application no. on the reverse of Cheque/DD. Demographic details will be taken from the records of the Depositories for purpose of refunds, if any SOLE/FIRST APPLICANT SECOND APPLICANT THIRD APPLICANT PERMANENT ACCOUNT NUMBER (Mandatory) See General Instruction no. 59 SIGNATURE(S) TEAR HERE SHRIRAM CITY UNION FINANCE LIMITED ACKNOWLEDGEMENT SLIP ACKNOWLEDGEMENT SLIP FOR APPLICANT TEAR HERE A Public Limited Company Incorporated under the Companies Act, 1956 (Registered as a Non-Banking Financial Company within the meaning of the Reserve Bank of India Act, 1934 (2 of 1934) Registered Office: 123, Angappa Naicken Street, Chennai- 600 001, Tamil Nadu; Corporate Office: 221, Royapettah High Road, Mylapore, Chennai - 600004, Tamil Nadu; Tel. No.: + 91 44 4391 5300; Fax: +91 44 4391 5351; Website: www.shriramcity.in Compliance Officer and Contact Person: Mr. C. R. Dash; E-mail: sect@shriramcity.in Registered Office: 123, Angappa Naicken Street, Chennai- 600 001, Tamil Nadu; Corporate Office: 221, Royapettah High Road, Mylapore, Chennai - 600004, Tamil Nadu; Tel. No.: + 91 44 4391 5300; Fax: +91 44 4391 5351; Website: www.shriramcity.in Application No. Compliance Officer and Contact Person: Mr. C. R. Dash; E-mail: sect@shriramcity.in Date d d / m m / 2011 62504908 Received From Options Face Value (A) No. of NCDs applied for (B) ` 1000/- I II ` 1000/- Grand Total (I+II) (`) Acknowledgement is subject to realization of Cheque / Demand Draft. Amount Payable (`) (A x B) Cheque/Demand Draft No. Dated 2011 Bank's Stamp & Date Drawn on (Name of the Bank and Branch) All future communication in connection with this application should be addressed to the Registrar to the Issue Integrated Enterprises (India) Limited, 2 nd Floor, ‘Kences Towers’ No.1 Ramakrishna Street, North Usman Road, T Nagar, Chennai – 600 017, Tel: +91 44 2814 0801, 2814 0802,2814 0803, Fax: +91 44 2814 2479, Email: scuf@iepindia.com, Investor Grievance Email: sureshbabu@iepindia.com, Website: www.iepindia.com, Contact Person: Mr. K. Balasubramanian / Mr. Sriram S, SEBI Registration No.: INR000000544Quoting full name of Sole/First Applicant, Application No., Type of options applied for, Number of NCDs applied for, Date, Bank and Branch where the application was submitted and Cheque/Demand Draft Number and name of the Issuing bank. While submitting the Application Form, the Applicant should ensure that the date stamp being put on the Application Form by the Bank matches with the date stamp on the Acknowledgement Slip. CK SHRIRAM CITY UNION FINANCE LIMITED : APPLICATION FORMS AVAILABLE AT FOLLOWING LOCATIONS LEAD MANAGERS TO THE ISSUE / LEAD BROKERS TO THE ISSUE JM FINANCIAL SERVICES PRIVATE LIMITED ● AHMEDABAD : Mr Bhavesh Shah/Mr.Girish Shah, JM Financial Services,, G-10 Chinubhai Centre,Gr. Flr,Nehru Bridge Corner,Ashram Road, Ph:079-2657 6666 – 70. Ms. Dipti Dave,JM Financial Services,B-101,Shvalik Plaza,Opp.AMA,IIM Road, Ambawadi,Ph:079-39826700/6727. BANGALORE : Mr Yeriswamy Reddy/Mr. Prashant Upadhyay,JM Financial Services,97/4 Residency Rd, Ph:-080- 30912400/2299 8264/65/66/67. CHENNAI : Mr.Manish Doshi/Mr. Kalai Selvan, JM Financial Services,Gee Gee Crystal - 5th Floor,91-92. Dr.Radhakrishnan Salai,Mylapore, Ph:044-4225 5666. HYDERABAD : Mr Ganpaty Murthy/Chandrasekhar,JM Financial Services, 9-10 Uma Chambers,3rd Floor, Banjara Hills, Ph:040- 39875900/6636 0009/10/12/46. SECUNDERABAD :Mr. Mallesh/Mr. Pravin Chary, JM Financial, 3rd Floor, 305 Jade Arcade, Opp Paradise Hotel, M G Road, Secundrabad 500 003.Tel : (040) 3982 5200. INDORE : Mr. Manish Upadyay,JM Financial Services, UG-7 & 8, Ground Floor, D M Tower, ,21/1, Race Course Road, Ph:0731-3072111/4262111. JAIPUR : Mr. Navneet Sharma,JM Financial Services, G-7 & G-8,Brij Anukamba,Plot No.K-13, Ashoka Marg,C-Scheme, Ph:0141-3984400. KOLKATA : Mr. Bharskar Chatopadyay, JM Financial Services, Kankaria Estate, 8th Flr,6th Little Russell Street, Ph: 033-3987 0330. MUMBAI : Mr Ashit Vora, JM Financial Services,1st Floor, Patel House, Next to Bank of Baroda,M G Road, Vileparle (E), Ph:022-2613 5202-03/67077440-43. Mr. Sahil Shah,JM Financial Services,Palm Court, M- Wing, 4th Floor, Goregaon Link Road,Malad West, Ph:022-30877000/67617000. Mr. Jisha Narayanan, JM Financial Services,Ground Floor, Anushka, New Link Rd,Andheri West, Ph:022- 66191600/612. Mr R Mukundan/Ms Armin Irani,JM Financial Services,2,3,4 Kamanwala Chambers,P M Road, Fort, Ph:022-3021 3500/2266 5577 - 80,. Ms Jyotsna Solanki/Mr C V George,JM Financial Services,Shop No 6, Dattani Trade Center,Chandra Varkar Road, Borivali (W), Ph:0223021 5400/6695 9120 - 23. Ms Charulata Mehta/Mr. Tilak Sanil, JM Financial Services, 424/425 Kalidas Plaza, V B Lane,Ghatkopar East, Ph:022-3097 8700/6710 4738. NEW DELHI : Mr Prasad Nair/Mr C S Tiwari,JM Financial Services, 114 Himalya House,23,K G Marg, Ph:011-4130 5000/3092 5500. PUNE : Mr Anand Shirke/Mr Sanjay Yelwande,JM Financial Services,205 Business Guild ,Opp. Krishna Dining Hall,Law College Road, Erandawane, Ph:020-3987 1600-01/ 66033730. RAJKOT : Mr. Sona Verghese, JM Financial Services,202 Solitaire, 2nd Floor, Swami Vivekananda Marg, Near Municipal Commissioner Bunglow, Ramkrishna Nagar,Ph:0281-3984000/3984101. SURAT : Mr. Dipen Shah/Mr. Nishant Trivedi, JM Financial, 407, 4th Floor, 21 Century Business Centre, Near Udhna Char Rasta, Ring Road, Ph:0261-3984000. VADODARA : Mr. Kashyap Shukla,JM Financial Services,G1Ground Floor, Shohan, 49Alkapuri Society, Opp. HDFC Babk, Alkapuri, Ph:0265-3984 311. VISHAKHAPATNAM : Mr D V Vijayakumar,JM Financial Services,Door No 9-1-224/4/3, 1st Floor, Nandan Nirman,CBM Compound, Near Rama Talkies Junction, Ph:0891-3983800. A.K. STOCKMART (P) LIMITED DELHI: A.K.Stockmart Pvt. Ltd.609,6th Floor, Antriksh Bhawan, 22 Kasturba Gandhi (K.G)Marg, Connaught Place, New Delhi-110 001 Tel: 011-23739628, 011-47340685. HYDERABAD: A.K.Stockmart Pvt. Ltd. 5-9-93/1, Sakhti Sai Complex, 207, 2nd Floor, Chapel Road, Hyderabad – 500 001. Tel: 040-66759862. KOLKATA: A.K.Stockmart Pvt. Ltd. Om Towers,Unit no.1408, 14th Floor,32,J.L.Nehru Road, Kolkata-700 071, Tel: 033 –22882644. ICICI SECURITIES LIMITED AGRA: ICICI Securities Ltd, Mr. Sushant Bejroi, 13A, 1St Floor, Sadar Bazar, Agra-282002, Tel: 91-9759215745; AHMEDABAD: ICICI Securities Ltd, Mr. Krunal Nanavati, Shop no 6, Sun complex, C.G. Road, Ahmedabad-380009, Tel: +91-9909949547; ICICI Securities Ltd, Mr. Abhishek Sharma, 1st Floor Shop No 119 Akshar Commercial Complex Nr. Shivranjani Cross Road Satellite Road, Ahmedabad-380015, Tel: +91-8980019084; ICICI Securities Ltd, Mr. Ravi Sethia, Ground Floor, Shop No 4 & 5 Shilp Corner, Subhash Chowk Gurukul Road, Memnagar, Ahmedabad-380052, Tel: +91-9909949593; ICICI Securities Ltd, Mr. Rudraxsingh Dixit, 1st Floor, Shop No. 106/107 Krishnabaug Char Rasta Kesharkunj Complex Maninagar, Ahmedabad-380008, Tel: +91-8980036526; ICICI Securities Ltd, Mr. Aalap Shah, Ground Floor Shop No 39,40,41,42 Sarjan 2, 100 Feet Road, New C.G Road,Chandkheda, Ahmedabad-382424, Tel: +91-9099011188; ICICI Securities Ltd, Mr. Akhilesh Tiwari, Sardar Centre, Grd Floor Shop no. 31 to 35 Near Vastrapur Lake,Vastrapur, Ahmedabad-380015, Tel: +91-9909949567; ICICI Securities Ltd, Mr. Vrunda Shastri, Shop No. 1,2,3,4,Suvas Complex, 1St Floor Above ICICI Bank,Opp. Rajasthan Hospital Shahibaug, Ahmedabad-380004, Tel: +91-9099935130; ICICI Securities Ltd, 2nd Floor, Parth Complex Swastik Char Rasta, Ahmedabad-380006, ICICI Securities Ltd, 15, Jamnagar Estate, Near Alfa Hotel, Aslali, Ahmedabad-382427, ALLAHABAD: ICICI Securities Ltd, Mr. Satyajit Nag, 27/17, 1St Floor, Algin Road, Civil Lines, Allahabad-211001, Tel: +91-9918200285; AMRITSAR: ICICI Securities Ltd, Mr. Sandeep Bansal, 3, Lawrence Road, Amritsar-143002, Tel: +91-9646059544; AURANGABAD: ICICI Securities Ltd, Mr. Bhavesh Bhanushali, Gr. Floor, Ghai Chambers, Jalna Road, Aurangabad-431001, Tel: +91-7875442347; BANGALORE: ICICI Securities Ltd, Mr. Deep Kumar, 73/1-1, Krishna, Infantry Road, Bangalore-560001, Tel: +91-9739006838; ICICI Securities Ltd, Mr. Anand Moitra, 1st Floor, No. 9/1, Cambridge Road Layout, First Cross, Bangalore-560008, Tel: +91-9986772226; ICICI Securities Ltd, Mr. Vipin Trivedi, 1st Floor, No.778/A, Chinnaswamy Chambers, off CMH Road Indira Nagar, Bangalore-560038, Tel: +91-9886398853; ICICI Securities Ltd, Mr. Shashikanth Rao, Sriranga Complex, No. 77, 1st Floor, Dr. Modi Road, 2Nd Stage West of Chord Road, Bangalore-560086, Tel: +91-9742256071; ICICI Securities Ltd, Mr. Kirankumar NP, 1st Floor No.50 Little Plaza,, Cunningham Road, Bangalore-560052, Tel: +91-9986098910; ICICI Securities Ltd, Mr. Prakash Srivastava, 1st Floor,135/5, 15th Cross, 100 Ft Ring Road,3Rd Phase J P Nagar, Bangalore-560078, Tel: +91-9620267021; ICICI Securities Ltd, Mr. Mallikarjun Kubsad, 1st Floor, No 81/B 22Nd Cross Jaya Nagar, 3Rd Block, Bangalore-560041, Tel: +91-9886636398; ICICI Securities Ltd, Mr. Yamini Kumar, No:399, White Gold,1st Floor 24th Cross, Bhanashankari II Stage, Bangalore-560070, Tel: +91-9742022590; ICICI Securities Ltd, Mr. Vinaykumar V, Second Floor, No:4C-402 HRBR Layout Kamanahalli II Block, Bangalore-560043, Tel: +91-9739232850; ICICI Securities Ltd, Mr. Vinu Krishnan, 1039/B,2nd Floor 2nd Main, Near Manovana Bus Stand, Vijaynagar, Bangalore-560040, Tel: +91-9916102953; ICICI Securities Ltd, Mr. Satyajeet Sharma, 1st Floor No. 209, New BEL Road, Bangalore-560054, Tel: +91-9538889297; ICICI Securities Ltd, Mr. Sukesh KS, #105, A.E.C.S. Layout 2nd Stage 5th Main Post Officeroad Sanjay Nagar Main Road, Bangalore-560094, Tel: +91-9742399044; ICICI Securities Ltd, Mr. Nagaraj Karadi S, 1st Floor, No: 430/363 Nh7, Santhey Circle, Ballary Road Yelalhanka, Bangalore-560063, Tel: +91-9742038864; ICICI Securities Ltd, Mr. Manish Kumar, 6/1, Ghandi Bazar 1st Floor,Basavanagudi Main Road, Bangalore-560004, Tel: +91-9916301350; ICICI Securities Ltd, Mr. Narendra Kumar, No.2, 100Ft Ring Road, Katriguppa Circle, Bhanashankari III Stage, Bangalore-560085, Tel: +919742269391; ICICI Securities Ltd, Mr. Dhananjay Kumar, No 72/1-B,Kanakapura,Mani Road Jarganahalli, Bangalore-560078, Tel: +91-9742269513; ICICI Securities Ltd, Mr. Manish Kumar Singh, 290/1, 11Th Cross Wilson Garden, Bangalore-560027, Tel: +91-9620378191; ICICI Securities Ltd, Mr. , No. 121, Atr Complexe Airport Road, Murugesh Palaya, Bangalore-560017, ICICI Securities Ltd, Mr. Arpan Arora, No.20, 1St Main, Gandhinagar, Bangalore-560009, Tel: +91-9620370131; ICICI Securities Ltd, Mr. Piyali Roychowdhury, No. 46, 100 Feet Road, 1st Floor, Koramangala, 6th Block, Bangalore-560095, Tel: +91-9620372979; ICICI Securities Ltd, Mr. Naveen Gowda, 147, 1st Floor, Anjaneya Complex, Hal Airport Road, Near Petrol Pump, Bangalore-560017, Tel: +91-9742271595; ICICI Securities Ltd, Aum Plaza, Second Floor, No. 76, 3Rd Cross, Residency Road,, Bangalore-560025, BELGAUM: ICICI Securities Ltd, F-2,3,6 & F-7, 1st Floor, Sunrays Square Complex, 219/1(Part), Khanapur Rd, Tilakwadi, Belgaum-590004, BHOPAL: ICICI Securities Ltd, 1St Floor, Bhopal Plaza, Near Bhopal Talkies, Hamidia Road, Bhopal-462001; ICICI Securities Ltd, Mr. Vinit Karmalekar, 2, Malviya Nagar, Opp. Old Vidhan Sabha, Bhopal-462001, Tel: +91-7566668242; ICICI Securities Ltd, B-16, Indrapuri, Bhopal-462001, BHUBANESHWAR: ICICI Securities Ltd, Ground Floor,Plot No-99 Janpath,Unit-3, Kharbelnagar, Bhubaneshwar-751001, BIKANER: ICICI Securities Ltd, Mr. Manoj Sethia, Gr. Floor, 44, Panchshati Circle, Sadulganj, Bikaner-334001, Tel: +91-9783733888. CHANDIGARH: ICICI Securities Ltd, Mr. Rajiv Goyal, SCO-181/182, 1st floor, Next to British Library, Sector 9C, Chandigarh-160017, Tel: +91-9646059477; ICICI Securities Ltd, Mr. Sandeep Kaura, SCO 62, Sec-47C, Chandigarh-160047, Tel: +91-9988297207; CHENNAI: ICICI Securities Ltd, Mr. Shanmugam S, Shop No. 10 & 11 Arihant Vaikunt, No 123, Brick Kiln Road, ‘Purasawalkkam, Chennai-600007, Tel: +91-9176635425; ICICI Securities Ltd, Deju Plaza, No.4 South Avenue, Srinagar Colony, (Near Saidapet Court ), Saidapet. Chennai-600015; ICICI Securities Ltd, Mr. Senthilkumar AR, Ashok Sriranga, No.1 9Th Street, Nanganallur, Chennai-600061, Tel: +91-9176690368; ICICI Securities Ltd, Mr. Wilson A, Ground Floor, Plot No. 1072 Munusamy Salai, Next to Pondicherry Guest House, West K K Nagar, Chennai-600078, Tel: +91-9962590369; ICICI Securities Ltd, Mr. Suneesh EM, 405, Tiruvalluvar Salai Mogappair,Paneer Nagar, Chennai600037, Tel: +91-9962542518; ICICI Securities Ltd, 1st Floor T-1, Yesesi Supermarket Building Annanagar, Chennai-600040, ICICI Securities Ltd, 1st Floor, New No. 87/2, Old No. 6/17Annasalai Mount Road, Chennai-600002; ICICI Securities Ltd, Flat No 4, 70/27 North Mada Street Mylapore, Chennai-600004; ICICI Securities Ltd, Mr. Priyadharsini G, 475 Kilpauk Garden Road, Kilpauk, Chennai-600010, Tel: +91-9176635417; ICICI Securities Ltd, PVM Complex, Plot No 1& 2, VGP Vimala Nagar, Velachery Main Road, Medavakkam, Chennai-600100, ICICI Securities Ltd, Mr. Nirmal John, 1,3Rd Cross Street Kasturibai Nagar, Adyar, Chennai-600020, Tel: +91-9176992522; ICICI Securities Ltd, Mr. Saravanan B, Ground Floor, No. 17 Arunachalam Road Saligramam, Chennai-600093, Tel: +91-9176695275; ICICI Securities Ltd, Mr. Panchapakesan S, Shop No. 2, Century Plaza,560-562,Annasalai, Teynampet, Chennai-600018, Tel: 91-9176721055; ICICI Securities Ltd, Mr. Shanaullah M, No. 228, Thambu Chetty Street, Parrys, Chennai-600001, Tel: +91-9176992510; ICICI Securities Ltd, ICICI Securities Limited, ICICI Bank Tower, 2Nd Floor West Wing, 93, Santhome High Road,, Chennai-600028, COIMBATORE: ICICI Securities Ltd, Mr. Saravanan .K, 444, X-Cut Road, Gandhipuram, Coimbatore-641012, Tel: +91-9962565754. CUTTACK: ICICI Securities Ltd, Mr. , 1St Floor, Plot No. 37 & 38, Dolamundai Post Office-Telenga Bazar,, Cuttack-753009, DEHRADUN: ICICI Securities Ltd, Mr. Rajan Rawat, 81A, Rajpur Road, Uttam Place, Dehradun, Dehradun-248001, Tel: +91-9720105410; FARIDABAD: ICICI Securities Ltd, Mr. Shubham Srivastava, Ground Floor, SCO 52, HUDA Market, Sector-29, Faridabad-121008, Tel: +91-9873519019; ICICI Securities Ltd, Gr. Floor, SCO No-13,HUDA Market complex Sector-16 Nr Green Channel Resturant, Faridabad-121002, GUNTUR: ICICI Securities Ltd, H.No. 5-37-57, 417 Line Road, Ground Floor, Brodipet Main Road, Guntur-522002, GUWAHATI: ICICI Securities Ltd, Mr. Uttam Kumarshahu, 3rd & 4th Floor, D.R.Braj Mohan Building, Opp. Abc Bus Stand G.S.Road, Guwahati-781005, Tel: +91-9836329955; HUBLI: ICICI Securities Ltd, Mr. Prabhuling Angadi, KVM Plaza,1st Floor Next to JTK Show Room, Club Road (Bellow VLCC), Hubli-580029, Tel: +91-9739906417; HYDERABAD: ICICI Securities Ltd, Mr. Ravikumar Nangunoori, D. No. 19-64, 1St Floor, Prasanna Heights Brundavan Colony, Opp. A. S Rao Nagar Colony, Hyderabad-500062, Tel: +91-9703218716; ICICI Securities Ltd, Mr. Sitaraman H, 1St Floor,Shop No.1,2&3 Sreeram Rama Towers, Chaitanyapuri, Dilsukhnagar, Hyderabad-500060, Tel: +91-8886064167; ICICI Securities Ltd, Mr. Vasudebo Naram, D No. 2-2-1130/25A, Chintala Arcade Sivam Main Road, Prasanth Nagar New Nalllakunta, Hyderabad-500044, Tel: +91-9642328111; ICICI Securities Ltd, Mr. Sureshkumar Arla, 1St Floor,3-6-517,Shop No-103 Sai Datta Arcade, Himayatnagar, Main Road, Hyderabad-500029, ICICI Securities Ltd, Mr. Sudheer KBN, Ground Floor, 101 & 102 Prashanthi Ram Towers,Behind Saradhi Studio Yellareddy Guda, Hyderabad-500073, Tel: +91-8142333502; ICICI Securities Ltd, Mr. Gblaxminarayana Raju, Ground Floor, 11-4-659 Bhavya Farooqi Splendid Towers Red Hills,Lakdikapool, Hyderabad-500004, Tel: +91-9642328177; ICICI Securities Ltd, Mr. Raghavendraprasad Patnam, 1st Floor,B-44 Journalist Colony Film Nagar Road, Jubilee Hills, Hyderabad-500016, Tel: +91-9703219476; ICICI Securities Ltd, Mr. Maheshwar MN, 1st Floor, 6-3-111 Amrutha Mall Somajiguda, Hyderabad-500082, Tel: +91-9160993839; ICICI Securities Ltd, Mr. Bura Rajkumar, 1st Floor, D.No.1-10-209,Kamala Towers Ashoknagar, Hyderabad-500020, Tel: +91-9642328117; ICICI Securities Ltd, Ground Floor, Plot No-03 Kimtee Banjara Heights Road No-12, Banjara-Hills, Hyderabad-500034, ICICI Securities Ltd, Mr. Srinivasarao Muddapati, 32/3RT, 1st Floor Municipal No.7-1-261/92E Sanjeeva Reddy Nagar,Opp Nest Apartment, S R NAGAR, Hyderabad-500038, Tel: +91-9052001697; ICICI Securities Ltd, Mr. Harish Reddy, 1st Floor, Concourse Building Opp:Meridian Plaza,Green Lands Road, Ameerpet, Hyderabad-500016, Tel: +91-9642328160; ICICI Securities Ltd, Mr. Narendar Konduparthy, Plot No 3 & 4 Sreerama Towers, Opp: Andhra Bank Miyapur, Hyderabad-500049, Tel: +91-9642328110; ICICI Securities Ltd, 214 MIG KPHB Colony, Road No.1,Near KPHB Kaman, Kukatpalli, Hyderabad-500072, ICICI Securities Ltd, ICICI Bank Ltd. Cyber Gateway, Block C, 1st Floor, Wing I, Madhapur, Dr Site, Hyderabad-500081, ICICI Securities Ltd, Mr. Husna Haji, Groud Flr,D.No:1-8-138 To 143, Krishna Castle, Besi-Heritage Flights, Penderghast Road, Secunderabad-500003, Tel: +91-8142045304; ICICI Securities Ltd, Mr. Sandeep Narayan, D No. 3-6-100/B, Ground Floor, Opp. Vijaya Bank, West Marredpally, Secunderabad-500026, Tel: +91-7799881747; ICICI Securities Ltd, Mr. Devendra Kumar, Ground Floor, Plot No 29 Opp. Cyber Towers Hi-Tech City,Madhapur, Secunderabad-500033, Tel: +91-7799883904; ICICI Securities Ltd, A-G-1 & A-G-2, Conjeevaram House, Padmarao Nagar, Secunderabad-500025, ICICI Securities Ltd, Mr. Mohammed Pasha, Ground Floor,Survey No.19/A,Ward No1 D. No. 4-65/5, Street No,8 Habsiguda, Secunderabad-500007, Tel: +91-9160993822; INDORE: ICICI Securities Ltd, Mr. Abhishek Gupta, UG 5/6, Royal Road Gold, A.Y.N.Road,, Indore-452001, Tel: +91-9584460466; ICICI Securities Ltd, Mr. Anand Peshkar, Ug-6, Ug-7, Shekhar Residency, Opp Hotel Forture Land Mark, Scheme-54, Sector F,, Indore-452001, Tel: +91-9584460468; ICICI Securities Ltd, Mr. Anuj Pandey, 1St Floor, Anjani Plaza, Ashok Nagar, Indore-452001, Tel: +91-7566668225; JABALPUR: ICICI Securities Ltd, Mr. Sanjeev Singh, 655, Napier Town, Katanga Gorakhpur Crossing, Jabalpur-462001, JAIPUR: ICICI Securities Ltd, Mr. Durgesh Kanwar, G-34,Ganpati Paradise, Central Spine, Vidhyadhar Nagar, Jaipur-302023, Tel: +919549659869; ICICI Securities Ltd, Mr. Govind Choudhary, Gr.Floor, Opp. G. P. O. M I Road, Jaipur-302001, Tel: +91-9983311226; ICICI Securities Ltd, Mr. Alok Mukerjee, Shop No. G-8,G-9 Vaishali Tower II Vaishali Nagar, Nursery Circle, Jaipur-302021, Tel: +91-9772202012; ICICI Securities Ltd, Mr. Taruna Ramwani, A-2, Lal Kothi Shopping Center Near Lakshmi Mandir Cinema Tonk Road, Jaipur-302015, Tel: +91-9772202981; ICICI Securities Ltd, 4Th Floor, A-34, Prabhu Marg, Opp. AC Market Raja Park, Jaipur-302001, JALANDHAR: ICICI Securities Ltd, 188, Model Town, Jalandhar-144001, ICICI Securities Ltd, 1St Floor, 4410, Dyal Nagar, Near Adarsh Nagar, Jalandhar-144008, JAMNAGAR: ICICI Securities Ltd, Mr. Satish Bhalara, 3Rd Floor, Cross Road Complex, Opp. D.K.V. College, Bedi Bunder Road, Jalandhar-361008, Tel: +91-9909999082; ICICI Securities Ltd, Plot No. 1, Office No. 6, 1St Floor, Mirambika Commercial Estate, Opp. Ril Main Gate, Moti Khavadi, Jamnagar-361140, JAMSHEDPUR: ICICI Securities Ltd, Mr. Deepak Ranjan, Gayatri Enclave 2nd Floor (Rear Portoin) Bistupur, Jamshedpur-831001, Tel: +91-9570220223; JODHPUR: ICICI Securities Ltd, Mr. Puja Ray, Gul-Indi Bhawan, 1st Floor, Plot No. 9/A/B/I and III, Ratanada, Nr. Punjab National Bank, Ratanada Road, Bhati Circle, Jodhpur-342001, Tel: +91-9982665511; KANPUR: ICICI Securities Ltd, Mr. Ranjan Shukla, 111/432, 80 Ft Road, Ashok Nagar, Kanpur-208001, Tel: +91-9721458473; KOCHI: ICICI Securities Ltd, 1st Floor,Adonai Towers, S.A.Road,, Kochi-682016, ICICI Securities Ltd, Mr. Sreejith MS, 44/2102-C, Deshabhimani Junction, Kaloor, Kochi-682017, Tel: +91-9846495206; ICICI Securities Ltd, Mr. Vipin Nair, 1St Floor, Prabhus Towers, MG Road, North End, Kochi-682035, Tel: +91-9846755221; KOLKATA: ICICI Securities Ltd, Mr. Arindam Saha, 30-G, Chowringee Mansion,J L Nehru Road Park Street. Kolkata-700016, Tel: +91-9830674730; ICICI Securities Ltd, Mr. Ranjan Rout, 112A, Third floor, Rash Behari Avenue, Kolkata-700029, Tel: +91-8697704210; ICICI Securities Ltd, Mr. Amullya Biswas, Victoria Plaza,385 Garia Main Road, Kolkata-700084, Tel: +91-9674725734; ICICI Securities Ltd, Mr. , BJ-110, Sector 2 Salt Lake City, Kolkata-700091, ICICI Securities Ltd, Mr. Nitish Shrivastava, 339, Canal Street, Lake Town, Kolkata-700048, Tel: +91-9051615306; ICICI Securities Ltd, Mr. Madhuri Gupta, 95, Dumdum Road, Kolkata-700074, Tel: +91-9830549993; ICICI Securities Ltd, Mr. Debpriyo Bose, Gr. And 2Nd Floor, 97/4, B.T. Road,, Kolkata-700090, Tel: +91-9674725699; ICICI Securities Ltd, Mr. Pradip Dey, Dn 52, Salt Lake City, Sector V, Kolkata-700091, Tel: +91-9674725716; ICICI Securities Ltd, 46 C, Jawaharlal Nehru Road, 15A, Everest House, Kolkata-700071; ICICI Securities Ltd, ICICI Securities Limited, 2 B, Gorky Terrace,, Kolkata-700017, ; ICICI Securities Ltd, Mr. Nilanjan Roy, Sriniketan,Howrah AC Market 20, Dobson Road, Howrah-711101, Tel: +91-8697704211; ICICI Securities Ltd, Nh6, Bombay Road, Domjur, Howrah-711302, LUCKNOW: ICICI Securities Ltd, Mr. Imran Khan, Ground Floor, Landmark Arcade2 Badshah Nagar Crossing Faizabad Road, Lucknow-226006, Tel: +91-8601804310; ICICI Securities Ltd, Mr. Anuj Rastogi, Raj Palace, A1/15 Sector H, Purania Chauraha, Aliganj, Lucknow-226024, Tel: +91-9721458460; ICICI Securities Ltd, Mr. Vikram Singh, S/268, E Block Market Awasthi Complex,Rajajipuram, Lucknow-226017, Tel: +91-8601804317; ICICI Securities Ltd, Mr. Nitesh Tiwari, First And Second Floor, Speed Building, 3, Shahnajaf Road, Lucknow-226001, Tel: +91-9721455147; LUDHIANA: ICICI Securities Ltd, Mr. Gurpreet Mangat, Sayal Complex, Near Cycle Market, Gill Road,, Ludhiana-141001, Tel: +91-9988881402; ICICI Securities Ltd, 830/5, Doogrey Road, Model Town, Ludhiana-141002; MADURAI: ICICI Securities Ltd, Mr. Prabhu N, 1St Floor, No. 466, 467 A.R. Complex K.K. Nagar, Madurai 625020 Tamilnadu, Tel: +91-8939994289; MEERUT: ICICI Securities Ltd, Mr. Vineet Choudhary, P P Plaza Plot No. 177/1 Mangal Pandey Nagar, Meerut-250005, Tel: +91-9759010925; MUMBAI: ICICI Securities Ltd, Mr. Ajay Singh, 1st Floor, Gopi Cinema Mall,, Dombivali (W), Mumbai-421202, Tel: +91-9769209603; ICICI Securities Ltd, ICICI Towers, Bandra Kurla Complex, BKC, Mumbai-400051; ICICI Securities Ltd, 7Th Floor, Akruti Centre Point, MIDC Main Road, Marol Naka, Andheri (E), Mumbai-400093; ICICI Securities Ltd, Mr. Mehul Shah, Shop no 11, Megh Apartment Junction of factory lanes & LT road,, Boriwali(W), Mumbai-400092, Tel: +91-9930258026; ICICI Securities Ltd, Mr. Dhruv Mehta, Jaya Apartments, R B Mehta road, Near Patel Chowk, Ghatkopar (E), Mumbai-400075, Tel: +91-9619597194; ICICI Securities Ltd, Zenith House, Ground Floor, Mahalaxmi, Mumbai-400034, ICICI Securities Ltd, Shop no. 9,10 Meriline Corner, Near Sion Circle SION (E), Mumbai-400022, ICICI Securities Ltd, Shop No. 1 & 2, Dilkush Bungalow J. P. Road, Andheri West, Mumbai-400058, ICICI Securities Ltd, Mr. , 56/57, Saraf Choudhari Nagar Co. Op. Soc, Thakur Complex Kandivali East, Mumbai-400101; ICICI Securities Ltd, Mr. Umesh Gupta, Shop No. 26, 27 & 51, Gr.Floor, Ashoka Shopping Centre LT Marg, GT Hospital Compound Marine Lines, Mumbai-400002, Tel: +91-9920551996; ICICI Securities Ltd, 1A&2, Balaji Arcade S.V Road Kandivili (W), Mumbai-400067; ICICI Securities Ltd, Ground Floor Jayshree Plaza L.B.S. Marg, Bhandup (W), Mumbai-400078; ICICI Securities Ltd, Mr. Sahana Shetty, Gr.Floor,Shop No.7,8,9, Anand Vatika Siddharth Nagar, Nr City Centre, S V Road Goregaon (W), Mumbai-400062, Tel: +91-9930469052; ICICI Securities Ltd, A-Wing, 7th FLoor, Autumn Estate, Chandivili Farm Road, Opp. Mhada Colony, Mumbai-400072; ICICI Securities Ltd, Gr Floor, Devraj Mall, Krishna Kunj Hsg Soc. Harishankar Joshi Road, Opp. Madhuram Hall, Dahisar (E), Mumbai-400068; ICICI Securities Ltd, Mr. R Shastri, 1st Floor Sai Kiran,Central Avenue 11Th Road Junction Mumbai-400074, Tel: +91-9619672568; ICICI Securities Ltd, Mr. Arvind Tiwari, Radha Kunj, Azadnagar, Vile Parle West, Mumbai-400056, Tel: +91-9930262411; ICICI Securities Ltd, Mr. , 11/14, Gokul Arcade, Subhash Road Corner, Opp Hsbc, Swami Nityanand Road, Andheri (E), Mumbai-400069, ICICI Securities Ltd, 1, Tulsiani Chamber, Gr. Floor, 212, Free Press Journal Road, Nariman Point, Mumbai-400021, ICICI Securities Ltd, Mr. Amit Beri, Gr. Floor, Vardhaman Apt, 40, Hanuman Road, Vile Parle (E), Mumbai-400057, Tel: 91-9920401574; ICICI Securities Ltd, Mr. , Gr. Floor, Shop No. 2, Grace Chamber, Amrit Nagar, Chakala, Andheri (E), Mumbai-400093; ICICI Securities Ltd, ICICI Bank Ltd, Mafatlal Chambers, NM Joshi Marg, 3Rd Floor, 2Nd Building, Lower Parel, Mumbai-400013; ICICI Securities Ltd, ICICI Bank Ltd, New Heaven Enterprise Pvt Ltd, 49-H-Parsi Panchayat Road, Andheri Call Center, Mumbai-400069, ICICI Securities Ltd, 227, Gr. Floor, G-2A, Nariman Bhavan, Nariman Point, Mumbai400021; ICICI Securities Ltd, Shop No. 9,10 Meriline Corner, Near Sion Circle Sion (E), Mumbai-400022, ICICI Securities Ltd, Ground Floor Jayshree Plaza L.B.S. Marg, Bhandup (W), Mumbai-400078, ICICI Securities Ltd, Mr. Rajesh Singh, Shop No. 1,2,3,4, Shagun Mall, Dindoshi, Gokul Dham, Goregaon (E), Mumbai-400063, Tel: +91-9920335615; ICICI Securities Ltd, Gr. Floor, H.T Parekh Marg, Back Bay Reclamation, Churchgate,, Mafatlal House Mumbai-400020, ICICI Securities Ltd, 2Nd Floor, Patel: Complex, Mamlatdarwadi, Malad (West), Mumbai-400064, ICICI Securities Ltd, Unit No. 101, 1St Floor, Ackruti Trade Centre, Road No. 7, MIDC, Andheri-East, Mumbai-400093; ICICI Securities Ltd, ICICI Securities Limited, 163 Backbay Reclamation, H. T. Parikh Marg,, ICICI Centre-Churchgate, Mumbai-400020; ICICI Securities Ltd, Mr. Kshitij Sharma, Shop No 4,5,6,7 Roop Maya Co-Op Hsg.Soc, Sector 6 Airoli, Mumbai-400708, Tel: +91-9930469001; ICICI Securities Ltd, Mr. Anup Kumar, Shop No.6,7 & 8,Ground Flr. Vaishnavi Tower,Sector-44 Nerul (W), Navi Mumbai-400706, Tel: +91-9619140868; ICICI Securities Ltd, Mr. Vikas Sharma, Apsara Building Shop No. 4, Sector-17, Vashi, Sector 17, Navi Mumbai-400702, Tel: +91-9833774125; ICICI Securities Ltd, Mr. Arvind Jha, Gr. Floor Tulsi Pooja Shopping Center New Panvel (E), Navi Mumbai-410206, Tel: +91-9619793738; ICICI Securities Ltd, Shree Sawan Knowledge Park, Gr. Floor, Plot No. D-507, T.T.C Industrial Area, M.I.D.C, Turbhe, Near Juinagar Railway Station,, Navi Mumbai-400705, ICICI Securities Ltd, Mr. Sanjay Ranka, Shop No. 1, Bhomi Tower, Sec-4, Plot No. 28, Kharghar,, Navi Mumbai-410210, Tel: +91-9920131643; MYSORE: ICICI Securities Ltd, Natraj Aracade, # MIG 35, Urs Road, 1st Floor, HUDCO 1st stage, Kuvempunagar, Opp. Akshay Bhandar, Mysore-570023; ICICI Securities Ltd, Mr. Anil MN, D. No. 86/3A, Panabvati Circle, Kalidasa Road, Jayalakshmipuram, Mysore-570012, Tel: +91-9916606944; NAGPUR: ICICI Securities Ltd, Ground Floor Plot No.263 &264 BrijBhumi Complex, Nagpur-440008, ICICI Securities Ltd, Mr. Amit Gondewar, Ganesh Heights Kotwal Nagar Ring Road, Khamla, Nagpur-440015, Tel: +91-9673333725; ICICI Securities Ltd, Mr. Ravindra Akhare, 1st Floor,Shop No. 138 To 140 Shree Ram Shyam Towers, Sadar-HUB, Nagpur-440001, Tel: +91-9673333724; NASIK: ICICI Securities Ltd, Ground Floor, Plot No. 7, Mahindra Memorial Centre, Near Babu Bunglow, Rathchakra Chowk, Vadala-Pathardi Road, Indira Nagar, Nasik-422009, ICICI Securities Ltd, Mr. Kalpesh Solanki, Shop No. 67, 68, Vasant Market, Canada Corner, Nasik-422002 Tel: +91-9765494734; NEW DELHI: ICICI Securities Ltd, B-1,B-2, Third Floor, Above Hot Spot, Janakpuri, New Delhi-110058, ICICI Securities Ltd, Mr. Sakshi Sawhney, Gr. & 1st Floor,Premises No F-3/28, Abadi Krishna Nagar, Shahdara Village Ghondali,, New Delhi-110051, Tel: +91-9999169986; ICICI Securities Ltd, Mr. Khagendra Pant, Ground Floor, UG-05,Upper Gr. Floor,Vikas Surya Plaza, 7 Community Centre, Road No. 44, Pitam Pura, Rani Bagh, New Delhi-110034, Tel: +91-9999039664; ICICI Securities Ltd, Ground Floor, Plot No. 24, 25, LSC Mayur Vihar-II, New Delhi-110091, ICICI Securities Ltd, Mr. Jaydev Mandal, Ground Floor & Mezzanine, Ab-11,Community Center Safdarjung Enclave, New Delhi-110029, Tel: +91-9582947952; ICICI Securities Ltd, Ground Floor & Mezzanine, 29, Community Centre, Naraina Industrial Estate, Phase-I, New Delhi-110028, ICICI Securities Ltd, Building No 4, 1St Floor, SMR House, Basant Lok Vasant Vihar, New Delhi-110057, ICICI Securities Ltd, Mr. Puja Kumari, 1st Floor, Shop No. 39 Pushpa Market, Lajpat nagar II, New Delhi-110024, Tel: +91-9999035683; ICICI Securities Ltd, Mr. Ravikumar Sharma, Ground Floor Plot no-8A Block No.E,Hauz Khas, New Delhi-110016, Tel: +91-9873557811; ICICI Securities Ltd, Mr. Mohammad Aamir, Ground Floor & 1st Floor Plot No 17, Community Center Mayapuri, New Delhi-110064, Tel: +91-9999592704; ICICI Securities Ltd, Ground Floor 4435-3/6, Portion 4/7 Ansari Road, Next to Corrporation Bank ATM, Daryaganj, New Delhi-110002, ICICI Securities Ltd, Mr. Ravish Singh, Gr. Floor, 1st Floor, Plot No-10, LSC Rajdhani Enclave, Vikas Marg, New Delhi-110092, Tel: +91-9999219797; ICICI Securities Ltd, Mr. Mayank Kheror, Ground Floor, Rohini Sector-9, Near Kadambri CGHS Ltd, New Delhi-110085, Tel: +91-9582202002; ICICI Securities Ltd, Mr. Rahul Aggarwal, Ground Floor & Upper, 22 Central Market Ashok Vihar, New Delhi-110052, Tel: +91-9999766912; ICICI Securities Ltd, Mr. Vishal Narang, Unit F-7,8,9,10,11,12,13,14 Malik Buildcon Plaza-2 Pocket-V Sec 12, Dwarka, New Delhi-110075, Tel: +91-9873232440; ICICI Securities Ltd, Mr. Deepak Thakur, Gr. Floor 30/5,Nangia Park Circle Shakti Nagar, New Delhi-110007, Tel: +91-9999283746; ICICI Securities Ltd, Mr. Arindam Biswas, Ground Floor 3C/4, New Rohtak Road, New Delhi-110005, Tel: +91-9999351142; ICICI Securities Ltd, Mr. Mayank Pandey, 1st Floor (Left Side) DDA Shopping Complex Alaknanda, New Delhi-110019, Tel: +91-9873420524; ICICI Securities Ltd, Mr. Aseem Kapoor, Plot No. 13, Community Centre, New Friends Colony, New Delhi-110065, Tel: +91-8860081436; ICICI Securities Ltd, Mr. SAMIT KAPOOR, 179-182, Dda Office Complex Rajendra Bhawan Rajendra Palace, New Delhi-110008, Tel: +91-7838090625; ICICI Securities Ltd, Mr. Preetinder Kaur, Shop No. 45 & 46, Tilak Nagar, New Delhi-110018, Tel: +91-9582947953; ICICI Securities Ltd, 1St Floor, 46, Dohil Chambers, Nehru Place, New Delhi-110018, ICICI Securities Ltd, Shop No. 1, I Pocket, Dilshad Garden, New Delhi-110095, ICICI Securities Ltd, 114/115,1St Floor, Arunachal Bldg 19 Barakhamba Road,Connaught Place, New Delhi-110001, ICICI Securities Ltd, Wz-33A, Virendra Nagar, Main Janakpuri Road, New Delhi-110058, ICICI Securities Ltd, Mr. Naveen Bhadana, J2/21, 1St Floor, Rajouri Garden, New Delhi-110027, Tel: +91-9999173315; ICICI Securities Ltd, E-1, 2Nd Floor, Jhandewalan Extn, New Delhi-110055, ICICI Securities Ltd, ICICI Securities Limited, ICICI Bank Tower, 3Rd Floor, Nbcc Place, Bhisham Pitamah Marg, Pragati Vihar, New Delhi-110003, ICICI Securities Ltd, Mr. Sarfaraz ahmed, 16, 15, 14, & 12-A, Ground Floor, Msx Tower II,, Greater Noida, Noida-201306, Tel: +91-9811482354; ICICI Securities Ltd, Mr. , B 1/34-35,Central Market Sector-50, Noida Sector 50, Noida-201301, ICICI Securities Ltd, Mr. Joy Chatterjee, 214 To 217, Second Floor Krishna Apra Plaza, Sector-18,Plot-3, Noida Sec18, Noida-201301, Tel: +91-9582101014; PATNA: ICICI Securities Ltd, Mr. Anup Srivastwa, ICICI Bank Premises,Sumitra Sadan, Boring Road Crossing,, Patna-800001,Tel: +91-9570900596; PONDICHERRY: ICICI Securities Ltd, Mr. Prabhu Ponnusamy, Gr. Floor, Avn Plaza, 100 Ft Road Gayatri Nagar, Mudaliarpet, Pondicherry-605004, Tel: +91-9176590062; PUNE: ICICI Securities Ltd, Mr. Abhinav KumaR, Ground Floor Abhimanshree Apartments-2 Condominium Bhuvaneshwar Society, Aundh, Pune-411007, Tel: +91-9158882678; ICICI Securities Ltd, 1st and 2nd Floor, Kondan Building, Plot No-36, Opp. Maratha Chamber of Commerce, Tilak road-Swargate, Pune-411002, ICICI Securities Ltd, Mr. Janki Vyas, Ground Floor, Sheetal Plaza CTS No. 1125,Final Plot No.499 Model Colony, Shivajinagar,Bhamburda, Pune-411016, Tel: +91-7798981537; ICICI Securities Ltd, Mr. Vijay Avhad, Rama S.No 682/A, CTS No 1048 Plot No 49, Chatrapati Rajaram Co-Op Hou.Soc Jedhenagar,Bibwewadi, Pune-411037, Tel: +91-9158882629; ICICI Securities Ltd, Mr. Mudassir Shaikh, Office No.3, Teddies Apartment Opp. Gera Junction, Kondhawa, Pune-411048, Tel: +91-9765567947; ICICI Securities Ltd, Gr. Floor & Mezzanine, Krishnakunj, S No.211 Hissa No. 2E, Plot No. 17 Kalyaninagar, Yerwada, Pune-411006, ICICI Securities Ltd, Mr. Seema Kumari, Gr. Floor & Basement Pramila Apt, Plot No. 16, Beside Hotel Kamat, Dahanukar Colony Circle, Kothrud, Pune-411029, Tel: +91-9673339534; ICICI Securities Ltd, Mr. Rahul Rathi, Gr.Floor, 86A, Survey No.390/1684-1 M.G.Road, Opp. Kohinoor Restaurant, Camp, Pune-411001, Tel: +91-9673333741; ICICI Securities Ltd, Groud Floor, Premsagar,H Wing Near PCMC Auditorium Chinchwad, Pune-411033, ICICI Securities Ltd, Mr. Ruchi Singh, Shop No 1 & 2 Gr. Floor Sneh Bldg, Cts No 1404 Near Jamtani Cross, Pimpri, Pune-411017, Tel: +91-9923201041; ICICI Securities Ltd, Mr. Aniruddha Joshi, Ground Floor, near Vishal Megamart, KPCT B Wing S No.16, Hisa No.1/1,CTS No.912,Wanawadi Fatimanagar. Pune-411040, Tel: +91-7798981509; ICICI Securities Ltd, 510 & 511, City Tower, 5Th Floor, 17, Dhole Patil Road, Boat Club Road,, Pune-411001, RAIPUR: ICICI Securities Ltd, Millenium Plaza, 3rd Floor, Near India Coffee House, G. Road,, Raipur-492001, ICICI Securities Ltd, Mr. Subratkumar Panigrahi, Maruti Business Park, Ff-03, Ge Road,, Raipur-492001, Tel: +91-9713556444; RAJAHMUNDRY: ICICI Securities Ltd, Mr. Raju MP, Door No: 46-22-11, Karrisu Reddy Plaza, Danavaipeta, East Godavari Rajahmundry-533103, Tel: +91-9160993820; RAJKOT: ICICI Securities Ltd, Mr. manish savaliya, 1st Floor, Shantiniketan Complex 150 Feet Ring Road Opposite KKV Hall, Rajkot-360007, Tel: +91-9727739840; RANCHI: ICICI Securities Ltd, 2Nd Floor, Municipal Holding No.-22, Ward No.-26, Diversion Road, Doranda, Ranchi-834002, ICICI Securities Ltd, Mr. Satya Saurabh, 1st Floor, Ranchi Club Complex, Main Road, Ranchi-834001, Tel: +91-7631998820; SALEM: ICICI Securities Ltd, 1st floor, 270/1, Bharathi Street, Swarnapuri, Salem-636004, SHIMLA: ICICI Securities Ltd, 6, Sunbreeze Building, Sanjauli Chowk,, Shimla-171006, SILIGURI: ICICI Securities Ltd, 2Nd Floor, Kelson Complex, Sevoke Road,, Siliguri-734001, SURAT: ICICI Securities Ltd, Mr. Jigar Desai, Shop No.35,36 & 37,2Nd Floor, Shreeji Arcade Complex Anand Mahal Road, Adjan Road, Surat-395009, Tel: +91-8980006745; ICICI Securities Ltd, Mr. Kuldeep Singh, G/10, 11, 12 Sarthi Complex Hira Baug, Warachha, Surat-395006, Tel: +91-8980037180; ICICI Securities Ltd, Mr. Prashant Kanade, 1St Floor Viishal Chambers Nr. Athwagate Charrasta,Besides Sardar Bridge, Surat-395001, Tel: +91-8980037168; THANE: ICICI Securities Ltd, Mr. Rajnish Pathak, Ground Floor, Block 1, Shop No 3,Emerald Plaza Hiranandani Meadows, Glady Alvares Marg Off Pokhran Road No. 2,Thane (W), Thane-400610, Tel: +91-9930468334; ICICI Securities Ltd, Olympia Bldg Poonam Sagar Mira Road (East), Thane-401107, ICICI Securities Ltd, 1St Floor, Office No. 2 Gaurangi Chambers, Opp. Damani Estate L.B.S. Marg, Thane-400602, ICICI Securities Ltd, Ground Floor, Galleria, Talao Pali,, Thane-400602, TRICHUR: ICICI Securities Ltd, Mr. Gopichandran K, R.V.Trade Centre Third Floor, Patturaickal, Thrissur-680022, Tel: 0-9946341850; TIRUPATI: ICICI Securities Ltd, Mr. Venkata Venkumahanthi, Gr.Flr D/o: 19-3-12/J4 Ramanuja Circle, Tirchanoor Road,, Tirupati-517501, Tel: +91-7799017079; TIRUPUR: ICICI Securities Ltd, Mr. PETER J, The Coocoon,No.56/1, Sabari Salai, Binny Compund,, Tirupur-641601, Tel: +91-8939991489; TRICHY: ICICI Securities Ltd, Gr. Floor, No. B14Colony Main Road, Thillai Nagar, Trichy-620017, . THIRUVANANTHAPURAM: ICICI Securities Ltd, Mr. Jomey Joseph, 2nd Floor,Kamala Towers, Vazhuthacaud,, Trivandrum-695014, Tel: +91-9846009791; UDAIPUR: ICICI Securities Ltd, Mr. Kavish Tandon, Sf, 5c, Madhuvan, Above Kotak Mahindra Bank, Udaipur-313001, Tel: +91-7665003109; VADODARA: ICICI Securities Ltd, Ground Floor, Gardenview Chambers,Opp Kala Ghoda Circle Sayajiganj, Vadodara-390005, ICICI Securities Ltd, Mr. Chirag George, Amrapali Complex, 1st Floor, Shop No. 142, 143, 144, 145, 146, Water Tank Road, Karelibaug, Vadodara-390018, Tel: +91-8980022359; ICICI Securities Ltd, Mr. Bhumish Patel Rutukalash Complex, Gr Floor Shop No 7,8,9 Tulsidham Char rasta Manzalpur, Vadodara-390011, Tel: +91-9909947875; ICICI Securities Ltd, Mr. Hitesh Parmar, 1St Floor, Gokulesh II, 96 Sampatrao Colony,R.C.Dutta Road Alkapuri, Vadodara-390007, Tel: 79-9099935176; VARANASI: ICICI Securities Ltd, Mr. Sapna Tiwari, 21/2A, 1St Floor, Karnachha Rathyatra Road,, Varanasi-221001, Tel: +91-9918200365; VIJAYAWADA: ICICI Securities Ltd, Mr. Bazid Shaik, 29-6-31, 1st Floor, Sai Srinivasa Shopping Complex, Nakkal Road, Suryaraopet, Vijayawada-520001, Tel: +91-9160993807; VISAKHAPATNAM: ICICI Securities Ltd, Mr. Naveen Naga, 1-83-43, 1st Floor, Narendra Polyclinic Building, M V P Colony, Visakhapatnam-530017, Tel: +91-7799017078. KARVY STOCK BROKING LIMITED AGRA: F4, 1st Floor, Deepak Wasan Plaza, Sanjay Place, (Behind Holiday Inn), Agra-282002, Tel: 562-2526660/63; Shop No 11, Nanak Towers, Opp.telegraph Office, Belagunj, Agra-282004, Tel: 562-3237077. AHMEDABAD: 7-8, 2nd Floor, 3rd Eye Building, Panchvati Circle, C.g.road, Ahmedabad-380006, Tel: 79-079-26407543,44,66627901; 27, Suman Tower, 1st Floor, Near Hotel Havelly, Sector No.11, Gandhinagar-382011, Tel: 79-079-23240166,66736021/22; 208 H J House, Near Rambaug Police Station, Opp: Ioc Petrol Pump, Rambaug, Maninagar-380008, Tel: 79-40304481,82, 83; 201, Millenium Plaza,2nd Floor, Opp Swaminarayan Temple,Near. Mansi Tower, Vastrapur-380015, Tel: 79-66627936,37,38,40. ALLAHABAD: 2nd Floor, Rsa Tower, Beside Hdfc Bank, 57, Sardar Patel Marg, Civil Lines, Allahabad-211001, Tel: 532-2260291-92-93(Extn 34); 138/13, Nai Bazar (Above Yash Automobiles Hero Honda Agencies), Opp: Nsic (Udyog Nagar), Naini-211007, Tel: 532-2695031/26966045. AMRITSTAR: 72-ATaylor’s Road, Opp.aga Heritage Gandhi Ground, Amritsar-143001, Tel: 183-5053802/3/4/5. ANAND: F-6, Chitrangana Complex, Opp: Motikaka Chawl ; V V Nagar, Anand-388001, Tel: 2692-248980/248873. ASANSOL: 18 G T Road, 3rd Floor, Asansol-713301, Tel: 341-2214623, 2214624, 2214625. AURANGABAD: Shop No.214/215, Tapadiya City Centre, Nirala Bazar, Aurangabad-431001, Tel: 240-2363530,9665066551,52,53,54,57. BANGALORE : NO.51/2, TKN Complex, Vanivilas Road, Opp: National College, Basavanagudi, Bangalore-560004, Tel: 80-26606126; NO.628, 8th Main, 3rd Stage, 3rd Blcok, Basaveshwarnagar-560079, Tel: 80-30982058/1794/23239205/206; No.24, Ganesh Krupa, Rear Block, Kalidasa Marg, 1st Main Road, Gandhi Nagar-560009, Tel: 80-22305761, 22305762; No.746, 1st Floor, Krishna Temple Road, Indira Nagar 1st Stage, Indira Nagar-560038, Tel: 80-080 . 25215589.; 201,2nd Floor, Suraj Plaza, 8 F Main Road, 3rd Block, Jayanagar, Bangalore560011, Tel: 80-26554328; A/8, 1st Floor, Khb Colony, Opp: Mciroland, 80 Feet Road, Koramangala-560095, Tel: 80-25527301; No.337, Gf-3, Karuna Complex, Sampige Road, Opp: New Vegetable Market, Malleshwaram-560003, Tel: 80-23314678/23314680/23467548/30945549; No.279, 3rd Floor, 67th Cross, 5th Block, Rajajinagar (Near Bhashyam Cirlce), Bangalore-560010, Tel: 80-23143559/23143560/32951033 /30970636/30951033; “Skanda” No 59, Putana Road, Basavanagudi, Bangalore-560004, Tel: 80-26621192/93; No 1714/14-1, 1st Floor, Ksh Chambers,21st Main Road, Behind Maruti Mandi, Vijayanagar, Bangalore-560040, Tel: 80-23119028; 2019/A, 1st Floor, 3rd B Corss, B Sector, Yelahnaka New Town, Bangalore-560064, Tel: 80-28562726/ 2729 32913110/3502. BELGAUM: FK-1, Khimajibhai Complex, Ambedkar Road, Opp: Civil Hospital, Belgaum-590001, Tel: 831-2402544. BHARUCH: FF 47/48, Aditya Complex, Opp: Kasak Fuwara, Bharuch-392002, Tel: 2642-225207, 225208,209. BHAVNAGAR: 301, 3rd Floor,Surabhi Mall,Near Icici Bank, Waghawadi Road, Bhavnagar-364001, Tel: 278-2567005, 06,3001004,05. BHILWARA: 27-28, 1st Floor, Heera-panna Complex, Pur Road, Bhilwara-311001, Tel: 1482-246362/246364/512586. BHOPAL: Kay Kay Business Centre, 133, Zone 1, Mp Nagar, Bhopal-462011, Tel: 755-4092701 To 704 /4092706 To 708/4092710 To 717/4092720/4092723/ 724. BHUBANESHWAR: 624, Saheed Nagar, Ist Floor, Janpath, Bhubaneswar-751007, Tel: 674, 2547532/33/2547334; Plot No. 104/105 P, Besides Pal Heights Hotel, Jayadev Vihar, Bhubaneshwar-751013, Tel: 674-2360334335. BIJAPUR: Belambagi Complex, 1st Floor, Siddeshwara Road, Bijapur-586101, Tel: 8352-259160, 259161, 259162. BURDWAN: Birhata (Halder Complex), 63, G T Road, Burdwan-713101, Tel: 342-2526660/63. CALICUT: First Floor, Savithri Building, Opp.fatima Hospital, Bank Road, Calicut-673001, Tel: 495-2760882/2760884/2760883; 1st Floor, Soubhagya Shopping Complex, Mavoor Road, Arayedathypalam, Calicut-673004, Tel: 495-2742105/2742107/2742141. CHANDIGARH: SCO 371-372, Above Hdfc Bank, Sector 35-b, Chandigarh-160 036, Tel: 0172-5071726, 5071727, 5071728/5079702; SCO 32, 1st Floor, Phase 7, S A S Nagar, Mohali-160062, Tel: 172-5091800/1, 5091802 (D). CHENNAI: F-3, Adayar Business Court, Old No.25,New No 51, Gandhinagar 1st Main Road, Chennai-600020, Tel: 44-42115288; T-92, Ground Floor,3rd Avenue Main Road, Near Hotel Nalas Appa Kadai, Annanagar-Chennai-600040, Tel: 44-26224482,42103538,39,42026482,42171314,42103913; N0 77 A, Naidu Shop Road, First Floor, Radha Nagar Main Road, Chrompet, Chennai 44, Land Mark Opp IOV Bank, Chennai-600044, Tel: 44-22653605, 42659023 , 45574952; A- 8, 3rd Floor, Mahbubani Towers, No. 48, Dr. D N Road, T. Nagar, Chennai-600017, Tel: 44-28156672/42076807/804/10/ 42067832/36/37/38/30/31/27/45544129/058/42649248/43546448/42023762; No 48, First Main Road, First Floor, Nanganallur, Chennai-600061, Tel: 44-22245228,43586266,68,43588503; F-22, Prince Tower, 94-113, Purasaiwakkam High Road, Chennai-600010, Tel: 44-42042568; Sundar Krishna Complex, 3rd Floor, No.8, Luckmodoss Street, Chennai-600003, Tel: 44-42051557/42051471/42159898/42623740/41/42; G-1, Swati Court, 22, Vijaya Raghava Road, T Nagar, Chennai-600017, Tel: 44-28151034/28153445 /42126406/42125604/45574073/74 /45900910; No.7, Sriperambadur Road, Manavalan Nagar, Thiruvallur, Chennai-602002, Tel: 44-27640552/37690717; Doshi Gardens, Shop No.10, 2nd Floor, D-block, 174, N S K Salai, Vadapalani, Chennai-600026, Tel: 44-42013425/42048103/42048309. COIMBATORE: “Jaya Enclave” 1057/1508, Avanashi Road, Coimbatore-641018, Tel: 422-4291000; 29/1, Chintamani Nagar, Opp: Indian Overseas Bank, Nsr Road, Saibaba Colony, Coimbatore-641011, Tel: 422-4353201208. CUTTACK: Opp: Jagannath Petrol Pump, Arunodaya Market, Link Road, Cuttack-753012, Tel: 671, 2335187,88. CUTTACK-2: Dargha Bazar, 1st Floor, Cuttack 2-753001, Tel: 671-2613905/2613906. DAVANGERE: No.15/9, 1st Floor, Sobagu Complex, 2nd Main Road (Avk College Road), P J Extension, Davangere-577002, Tel: 8192-258712/13/14. DEHRADUN: 48/49, Patel Market, Opp: Punjab Jewellers, Near Gandhi Park, Rajpur Road, Dehradun-248001, Tel: 135-2713351/2714046/47 /2713372/2714382/2712373; Kaulagarh Road, Near Sirmour Marg, Dehradun-248001, Tel: 135-2754334/2754336. DURGAPUR: Old Dutta Automobile Building, 1st Floor, Benachity, Malancha Road, Durgapur-700013, Tel: 343-2586375 To 77. ERODE: No.4, Veerapan Traders Complex, Opp: Erode Bus Stand, Kmy Salai, Sathy Road, Erode-638003, Tel: 424-2225615. FARIDABAD: A-2b, 1st Floor, Neelam Bata Road, Nit, Faridabad-121001, Tel: 129, 418000/105. GORAKHPUR: Above V.i.p. House, Adjacent A.d. Girls College, Bank Road, Gorakhpur-273001, Tel: 5512346519/2333825/2333814. GULBARGA: Asian Tower, Shop No.f-1, First Floor, Jagat Station Main Road, Next To Hotel Aditya, Gulbagrga-585103, Tel: 8472-2526660/63. GUNTUR: 10/1,Sai House, Arundelpet, Guntur-522002, Tel: 863-2326686,85,84 2326687. GUWAHATI: 2nd Floor, Ram Kumar Plaza, Chatribari Road, Near Himatshinga Petrol Pump, Guwahati-781001, Tel: 361-2608102/2608122. GWALIOR: Near Nadigate Pul, Mlb Road, Shinde Ki Chawani, Gwalior-474001, Tel: 751-4069001/ 4069002 /4087774; 52, Mayur Market, First Floor, Near Petrol Pump, Thatipur, Gandhi Road, Gwalior-474001, Tel: 751-2340200/4068501/32008484. HISSAR: Sco 71, Red Square Market, 1st Floor, Hissar-125001, Tel: 1662-225845/225868/225836 /315761. HUBLI: Giriraja House, No.451/B, Ward No.1, Club Road, Hubli-580029, Tel: 836-2353962, 2353974, 2353975; 8 & 9, Upper Ground Floor, C’ Block, Akshaya Park, Gokul Road, Hubli-580030, Tel: 836-2232773, 2232774. HYDERABAD-BANJARA HILLS (H.O): Karvy Centre, Ground Floor, Avenue 4,Street No.1, Banjara Hills-500034, Tel: 40-23388743, 66510313; 15-6-464/470, 1st Floor, Salasar Complex, (Near Fish Market), Begum Bazar, Hyderabad-500012, Tel: 40-23433100; 1st Floor, Plot No.2, 1-1-128/B, Chanda Nagar, Serilingampally, Near Bhel, Hyderabad-500050, Tel: 40-23030028, 23030029, 23433126/132; Vijetha Golden Empire, Flat No. 103, First Floor, H No.16-11-762/762b & C, Beside Anadal Nilayam, Moosarambagh, Hyderabad500036, Tel: 40-23433133, 23433117, 23433159; 3-6-196/197, First Floor, Himayat Nagar, Hyderabad-500029, Tel: 40-23388749 23388771; Block No 176, Opp. Chola Residency, Old Vasavi Nagar, Kharkana, Secunderabad-500016, Tel: 40-23433166; Sai Vikram Towers, 1st Floor Flat No 11, Kukatpally Main Road, Near Kukatpally Bus Stop, Kukatpally, Hyderabad-500072, Tel: 40-23433137/119; Building No.160 (Part), Opp: Mayfair Complex, Rasoolpura, S P Road, Secunderabad-500003, Tel: 40-23433108 ,27883200. INDORE: Balaji Coporate, 19/1, New Palasia, Near Jangeerwala Chowraha, Indore-452001, Tel: 731-4081500 To 4081524. JAIPUR: S-16/A, Land Mark, Opp: Jai Club, Mahaveer Marg, C-Scheme, Jaipur-302001, Tel: 141-2378703/04/ 05/ 06/2363321/2375039/2375099. JALANDHAR: Lower Ground Floor, Office No.3, Prime Tower, Plot No.28, G T Road, Jalandhar-144001, Tel: 181-4634401 To 415. JAMMU: 1st Floor, 29 D/C, Near Service Selection Board, Gandhi Nagar, Jammu-180004, Tel: 191-9205044665/668. JAMNAGAR (PATEL NAGAR): G-12,Madhav Plaza,Opp-sbi Bank, Near Lal Bunglow, Jamnagar-361008, Tel: 288-2556520, 2556420. JAMSHEDPUR: 3rd Floor, Kanchan Towers, 3 Sb Shop Area, Bistupur Main Road, Jamshedpur-831001, Tel: 657-2487020, 2487045, 2320048. JODHPUR: 203, Modi Arcade, Chopskini Road, Jodhpur-342001, Tel: 291-5103026/5103046 /3251441. KAKINADA: 13-1-46, Sri Deepti Towers, Main Road, Kakinada-533001, Tel: 884-2387381,82,83. KANPUR-CIVIL: 15/46, Civil Lines, Near Muir Mills, Stock Exchange Road, Kanpur-208001, Tel: 512-2330127/2331445/2333395/96/2333492; 81/4, Block No. 9, Govindnagar, Kanpur-208006, Tel: 512-2604165/2605177/2605176. KOCHI: G 39, Panampally Nagar, Opp: Kerala State Housing Board, Kochi-682036, Tel: 484-2322724/726/152 /2310884; 7/462, B5, Trans Avenue, Ne Ekm Dist Coop Bank, Headquarters, Kakkanad-682030, Tel: 484-2423191, 3949087; D. No. 6/0290, Opp: Hazi Essa School, Gujarathi Road, Mattancherry-682 002, Tel: 0484-2526660/63; 1st Floor, Pindys Complex, Market Junction, Tripunithura-682301, Tel: 484-2777330, 3571041. KOLHAPUR: Omkar Plaza 1 St Floor, Unit F-2 & F-4,Rajaram Rtoad , Bagal Chowk, Kolhapur-416008, Tel: 231, 2520650/2520655. KOLKATA-DALHOUSIE: 19, R N MUKHERJEE ROAD, 2ND FLOOR, DALHOUSIE-700001, Tel: 33-22437863 to 69/90/89; 493/C/A, G. T. Road (S), Block-g, 1st Floor,Vivek Vihar, Howrah-711102, Tel: 33-26382535, 23682345; 49, Jatin Das Road, Near Deshpriya Park, Kolkata-700029, Tel: 33-24647231,32, 24644891; 22n/1, Block A, New Alipore, Kolkata-700053, Tel: 33, 23996203,04,05; P-335, Cit Scheme ,6m, Phoolbagan, Kolkata-700054, Tel: 33-32512839, 23648927; Ad-60, Sector-1, Salt Lake City, Kolkata-700064, Tel: 33-23210461 To 23210464/0587. KOTA: 29, Shopiing Centre, 1st Floor Kota, Kota-324007, Tel: 744-2365144/2365145/2365146. LUCKNOW-ALAMBAGH: Ksm Tower, Cp-1 Sinder Dump, Alambagh, Lucknow-226005, Tel: 522-4104290-96; Hig-67, Sector E, Aliganj, Lucknow-226024, Tel: 522-4104280-89; 24, “Usha Sadan”, Prem Nagar, Ashok Marg, Lucknow-226001, Tel: 522-4104300-309; Tej Krishan Plaza, 313/9, Khun Kunji Road, Chowk, Lucknow-226003, Tel: 522-4104310-16; B-1/2, Vijay Khand, Near Union Bankof India Gomti Nagar, Lucknow-226010, Tel: 522-4104270-79; 94, Mahatma Gandhi Marg, Opp: Governor House, Hazratganj, Lucknow-226001, Tel: 522-4092000. LUDHIANA: Sco 136, 1st Floor, Feroze Gandhi Market, Ludhiana-141001, Tel: 161-44680050/4680062-63/4680080/4680000 To 6. MADURAI-BYE PASS ROAD: Rakesh Towers, Opp Nagappa Motor, No.30, By Pass Road, Madurai-625010, Tel: 452-2600851-854; Plot No 654-80 Feet Road, Next To Lakshmi Arasu Kalyana Mandapam, K K Nagar, Madurai-625020, Tel: 452-4391700/600/2523109/ 2530731; 274, Goods Shed Street, ~, Madurai-625001, Tel: 452-2350852. MANGALORE: Mahendra Arcade, No.4-6-577/21/22, Kodiabail, Mangalore-575003, Tel: 824-2492302. MEERUT: 1st Floor, Medi Centre, Opp Eves Centre Hapur Road Near Bachha Park, Meerut-250002, Tel: 121-4033727/3271640. MUMBAI-ANDHERI-KSBL: 7, Andheri Industrial Estate, Off: Veera Desai Road, Andheri (West)-400053, Tel: 22-26730799/843/311/867/153/292; Shop No.10,Plot No.71-b,Shram Safalya, Near Chembur Station,Opp Vhaishali Hotel,Chembur East, Mumbai-400071, Tel: 22-25211839; 101 Sapna Building, Above Idbi Bank, S K Bhole Marg, Dadar West, Mumbai-400 028, Tel: 022-2526660/63; 207,Jeevan Udyog Building, 2nd Floor, Above Khadi Bhandhar ,D N Road, Fort, Mumbai-400001, Tel: 22-22062077, 22062087; 16/26, 16/22, Transworld, Maharashtra Chambers Of, Commerce Lane, Opp Mcs Bank, Fort, Mumbai-400023, Tel: 22-66314326 , 22844777,22842668; 29,First Floor, Patel Shopping Centre, Opp. Foodland Restaurant,Sainath Road, Malad (West), Mumbai-400064, Tel: 22-28824281, 28895159, 28891077; Room No.115, Arun Chambers, 1st Floor, Next To A/C Market, Tardeo, Mumbai-400034, Tel: 22-66607042; 103, Jivan Chaya Bldg., Ram Maruti Road, Naupada, Thane (West)-400602, Tel: 22-25380645/25380633/25446121/25446124,25446129; B-153, Vashi Plaza, Sector 17, Vashi, Navi Mumbai-400705, Tel: 22-67912087, 67912168, 67912169. MYSORE: No.9/2, New Nol.l-350, Silver Tower, 1st Floor, Ashoka Road, Opp: Clock Tower, Mysore-570001, Tel: 821-2524292. NAGPUR: 230-231, 3rd Floor, Shreeram Tower, Near Nit Building,Sadar, Nagpur-440001, Tel: 712-6614145. NASIK: F1, Suyojit Sankul, Sharanpur Road, Nasik-422002, Tel: 253-9665066531,32,33. NAVSARI: 1/1,1st Floor, Chinmay Arcade, Opp: Sattapir, Tower Road, Navsari-396445, Tel: 2637-280364, 280366,280367. NEW DELHI: Ug-29, Ansal Chamber-1, Bhikaji Cama Place-110066, Tel: 11-41659722/41659723; 105-108, Arunachal Building, 19, Barakhamba Road, Connaught Place, New Delhi-110001, Tel: 11-23324401/ 43509200/23324409; 110-112, 1st Floor, Suneja Tower, I Distt. Centre, Janak Puri New Delhi, New Delhi-110058, Tel: 11-25547631/25547637/41587300/41588242; 23, Shivaji Marg Main, Main Najafgarh Road Moti Nagar New Delhi, New Delhi-110015, Tel: 11-45436371/41428501 To 05/41428563/32031582; 301, Vishal Bhavan, 95, Nehru Place, New Delhi-110019, Tel: 11-41808123/26447065/66/74; B 2, Dda Market Shop No.50, Paschim Vihar New Delh, Paschim Vihar-110063, Tel: 11-42321024/ 42321392/25263902/03; 103, Savithri Sadan-I, 11, Community Centre, Preet Vihar, New Delhi-110092, Tel: 11-22460976/22460978/22460949/22460952; 402, 4th Floor, Vikrant Tower, Rajendra Place, New Delhi-110008, Tel: 11-41536548/41537844/41539961/62/64; 104, 1st Floor, Nanda Devi Towers, Prashanth Vihar, Central Market, New Delhi-110085, Tel: 11-27864193/27864281/27864377; 103, 1st Floor, C.s.c. Sector-b, Pocket 8&9, Opp G D Goenka Public School, Vasant Kunj, New Delhi-110070, Tel: 11-41787156/41787158/41787155/41787159-161. PANJIM: 18,19,20, City Bussiness Centre, Coel Ho Pereiera Building, Dada Viadya Road, Opp Jama Maszid Road, Panjim-403001, Tel: 832-2426870, 2426871, 2426872. PATNA: Anand Tower, 2nd Floor, Exhibition Road, Near Republic Hotel, Opp: ICICI Bank, Patna-800001, Tel: 612-2321354/56/57. PONDICHERRY: No.7, Thiayagaraja Street, Pondicherry-605001, Tel: 413-2220640. PUNE: Office No.6, Third Floor, Rachana Trade Estate, Law College Road, Near Sndt Circle, Cts No.105, Erandwane, Pune-411033, Tel: 20-66048790-95; Rameera Towers, 130/24,Pcmtda, Tilak Road, Nigidi,Pradhikaran, Pune-411044, Tel: 20-27659115; Shop No.3 & 4, Ashwini Palace, Near Kedari Petrol Pump, Wanowarie-411040, Tel: 20-26850842, 43,65610451,52,53 454. RAICHUR: “Sangeeta Arcade”, No.11-2-61,1st Floor, Lingsugur Road, Raichur-584101, Tel: 8532-2526660/63. RA W W W W R R EQU TY BROKERS PR VATE L M TED W W SPA SECUR T ES L M TED W W W W W W NTEGRATED SECUR T ES L M TED W W W W W W W W W W Continued on Page 3 2 SHRIRAM CITY UNION FINANCE LIMITED SHRIRAM CITY UNION FINANCE LIMITED : APPLICATION FORMS AVAILABLE AT FOLLOWING LOCATIONS LEAD MANAGERS TO THE ISSUE / LEAD BROKERS TO THE ISSUE HDFC SECURITIES LIMITED AGRA: HDFC Securities Ltd, 2nd Floor, Deepak Wasan Plaza, 17/2/4,Sanjay Place, Agra. AHMEDABAD: HDFC Securities Limited, 212, ISCON Centre, Shiv Ranjani Char Rasta, Satellite Road, Ahmedabad-380015. HDFC Securities Limited,212, ISCON Centre, Shiv Ranjani Char Rasta, Satellite Road, Ahmedabad-380015. HDFC Securities Limited,208, Grand Mall, 2nd floor, Ambawadi, S. M. Road, Ahmedabad-380015. HDFC Securities Limited,# 402, Amruta Arcade, 4th floor, Station Road, Maninagar, Ahmedabad-380 008. HDFC Securities Limited,Office no. 309, 3rd floor, Shukan Mall, Near Visat Petrol Pump, Sabarmati, Ahmedabad-3800005. ALLAHABAD: HDFC Securities Ltd,C/o HDFC Standard Life Insurance,46/A1,First Floor.Kapoor Bhawan,Near Hot Stuff Crossing.Lal Bahadur Shastri Marg.Civil Lines,Allahabad-211001. AMRITSAR: HDFC Securities Limited, SCO-5, D. S. C.Ranjit Avenue, Amritsar-143001. ANAND: HDFC Securities Limited, Office No. 206, 2nd Floor, Madhav Complex, Grid Cross Road, Anand 388 001, Gujarat.. AURANGABAD: HDFC Securities Limited, Office A-8, 1st floor, A wing, Gurunath Sankul,Shriram Chowk, Shreya Nagar, kalda Corner, Aurangabad-431005. BANGALORE: HDFC Securities Limited, Mount Kailash, 33/5, B-Wing, Gr. Flr.,Meanee Avenue Road, Ulsoor, Nr. Lake Side hospital, Bangalore-560042. BELGAUM: HDFC Securities Limited, CTS No. 5854, Congress Road, Tilakwadi, Belgaum-590006. BHARUCH: HDFC Securities Limited, 3rd floor, Akshat Plaza, Above HDFC Bank, Near Link Road, Bharuch-392001. BHAVNAGAR: HDFC Securities Limited, Office no. 7, 1st floor, Gopi Arcade, Waghawadi Road, Bhavnagar-364002. BHOPAL: HDFC Securities Ltd,C/o HDFC Standard Life Insurance,1st Floor, Star Planet, Plot No. 9, Zone II,M.P. Nagar, Bhopal 462011. BHUBANESWAR: HDFC Securities Limited, Plot No. 10, District Centre, Chandrashekharpur, Bhubaneshwar-751021. CALICUT: HDFC Securities Limited, Techno Chemical Ind. Techno Top Bldg., V.M. Basheer Road, Calicut-673001. CHENNAI: HDFC Securities Limited C/o HDFC Standard Life Insurance Co. Ltd,Sagarika Tower,2nd floor,#18,3rd cross road,Kasturibai nagar,Adyar Chennai-600020. COIMBATORE: HDFC Securities Limited, Ashirwad, 36, D. B. Road, R.S. Puram, Coimbotore-641002. CUTTACK: HDFC Securities Ltd,M/s Royal Tower, Link Road Square, 2nd floor Madhupatna Cuttack 753010 Orissa. DEHRADUN: HDFC Securities Ltd,C/o HDFC Standard Life Insurance,24 A, Hathibarkala, 1st Floor, Cantt. Road,NCR Plaza, Dehradun 248001. DHANBAD: HDFC Securities Ltd. , 2nd Floor, Commerce House 2, Shastri Nagar, Dhanbad-826001. DURGAPUR: HDFC Securities Ltd,Kwality Hotel complex,1st floor,Bhiringi more,Nachan rd, Durgapur -713213. ERODE: HDFC Securities Limited, Lotus Enclave, 456, First Flr., Brough Road, Erode-638001. FARIDABAD: HDFC Securities Limited, 1st Floor, 5 R/2, NIT, NH 5, Badshah Khan Chowk, Faridabad-121001, Haryana. GUNTUR: HDFC Securities Limited, Door no. 6-19-35, 1st Floor, 13 lane, Above Timex Watch Store, Main Road, Arundalpet, Guntur-522002. GURGAON: HDFC Securities Limited, O- 139, 1st floor, DLF Shopping Mall, DLF Phase -1, Gurgaon-122002, Haryana. GUWAHATI: HDFC Securities Limited, 1st Floor, Pushpanjali Complex, 126, G.S. Road, Bhangagarh, Village Japorigog, Mouza Beltola, District Kamrup, Guwahati 781 005. HUBLI: HDFC Securities Ltd,C/o HDFC Standard Life Insurance,3Rd Floor, Vernekar Plaza, Deshpande Nagar, Hubli-580029. HYDERABAD: HDFC Securities Ltd., Ground Floor, 7-1-210, Ameerpet, Hyderabad-500016. INDORE: HDFC Securities Limited, Portion 102/103, 1st floor, Sterling Arcade, Plot no. 15/3, Race Course Road, Indore, M. P. 452001. JABALPUR: HDFC Securities Ltd,C/o HDFC Standard Life Insurance Co. Ltd, 1402, BG’s Complex, 2nd Floor, Gorakhpur Road, Jabalpur-482001, Madhya Pradesh. JAIPUR: HDFC Securities Limited, B-5, Lalkothi, District Shopping Centre, Tonk Road, Jaipur-320015. JALANDHAR: HDFC Securities Limited, Landmark, 2nd floor ( front side), 188-A, Model Town, Jalandhar 144001 Punjab. JAMMU: HDFC Securities Ltd,C/o HDFC Standard Life Insurance Co.Ltd., 2Nd Floor, Sheen Complex,Near Caset School,Gole Market, Karan Nagar, Srinagar-190001. JAMNAGAR: HDFC Securities Limited, Office No. 401, 4th Floor, “MADHAV SQUARE”, Limda Line Road, Opp. Avantika Complex, Jamnagar-361001. JAMSHEDPUR: HDFC Securities Ltd, 2ND Floor,Shaurya Arcade ,New SNP area,sakchi,Jamshedpur-831001. JODHPUR: HDFC Securities Limited, 3rd floor, 178, Narayanam, Upper Chopasni Road, Jodhpur-342003. KANPUR: HDFC Securities Ltd. 515 & 516 Kan Chamber1 14/113 Civil Lines Kanpur-208001. KOCHI/ERNAKULAM: HDFC Securities Limited, Sudhas Bldg,2nd Floor, Madhav Pharmacy Junction, Bannerjee Road, Ernakulam, Cochin-682018. KOLHAPUR: HDFC Securities Limited, Office No. 7A, 1st Floor, Gemstone, 517/2, New Shahupuri, Near Central Bus Stand- Kolhapur 416 001. KOLKATA: HDFC Securities Limited, 4, Clive Row, Jardines, 3rd floor, Kolkata 700 001. KOTA: HDFC Securities Ltd,C/o HDFC Standard Life Ins Co Ltd, 2Nd Floor, 414, Shopping Center, Kota 324007. LUCKNOW: HDFC Securities Limited, 56-57, Chander Nagar, 2nd Floor, Alambagh, Lucknow-226005, UP. LUDHIANA: HDFC Securities Limited, Unit no. IV, 1st floor, First Mall, Mall Road, Ludhiana-141001. MADURAI: HDFC Securities Limited, 1st Floor, 232, Naicker New Street, Madurai 625 001. MANGALORE: HDFC Securities Limited, Kayar Manj, 2nd floor, M. G. Road, Mangalore-575003. MEERUT: HDFC Securities Ltd, 177/1 P P Plaza, 2nd Floor, Opp. CCS University, Mangal Pandey Nagar, Meerut-250001. MUMBAI: HDFC Securities Limited, Shop No. 5, Persian Co-op Housing Society, V. P. Road, Near BMC Bank, Andheri (West) Mumbai-400 058. HDFC Securities Limited,A/002, Ground Floor, Blossom Co-op. Hsg. Soc. Ltd., Sector 3, Plot H, Panchsheel Enclave, Mahavir Nagar, Kandivli (West), Mumbai 400 067. HDFC Securities Limited,Office no. 215, Sanghvi Square Building, 2nd floor, Opp. Traffic Light Building, M. G. Road, Ghatkopar (w), Mumbai-400086. HDFC Securities Limited,Gr. Floor, Minerva Chamber, Beside Aamantran Restaurant, Opp. Mehul Talkies, Mulund (West) , Mumbai-400080. HDFC Securities Limited,B- 302, Kotia Nirman, Opp. Laxmi Industrial Estate, above Mercedez Benz show room, New link Road, Andheri (west), Mumbai-400058. HDFC Securities Limited,Shop no. 116, 1st floor, Ostwal Paradise, Bldg. No. 8, Mira Bhayander Road, Mira Road (East), Thane-401107. HDFC Securities Limited,PG-2, Rotunda Bldg. Bombay Stock Exchange, Mumbai Samachar Marg, Fort, Mumbai-400 001. HDFC Securities Limited,Gr. Floor, Minerva Chamber, Beside Aamantran Restaurant, Opp. Mehul Talkies, Mulund (West) , Mumbai-400080. HDFC Securities Limited,Shop No.10, Ground floor, Bhomi Saraswati Bldg., Ganjawala Lane, Near Chamunda Circle, Borivali- (w), Mumbai ?400092. HDFC Securities Limited,Trade Globe, 2nd Floor, Kondivita Junction, J. B. Nagar, Andheri Kurla Road, Andheri (E) Mumbai-400 059. Phone: 28346688. HDFC Securities Limited,302, Palm Spring, New link Road, Next to D Mart, Malad (west), Mumbai-400064. HDFC Securities Limited,1st floor, Sonawala bldg, Opp. BSE bldg, Mumbai Samachar Marg, Fort, Mumbai-400001. MYSORE: HDFC Securities Limited, Ground floor, No. 2951A, Kalidasa Road, V. V. Mohalla, Mysore-570002, Karnataka. NAGPUR: HDFC Securities Ltd., 125, 2nd Floor, Shreeram Shyam Towers, S.V. Patel Marg, Kingsway, Civil Lines, Nagpur-440001. NASHIK: HDFC Securities Limited, Vaastu Shree, 2nd Floor, Off Gangapur Road, Nashik-422005. NELLORE: HDFC Securities Limited, HDFC Bank Bldg, 17/126, GVR Enclave, Trunk Road, Nellore-524001. NEW DELHI/DELHI: HDFC Securities Limited, Kanchenjungha Bldg, Upper Gr. Flr.,18, Barakhamba Road, New Delhi-110 001. NOIDA: HDFC Securities Limited, Office No. 111, 1st Floor, Ocean Plaza Building, Commercial Plot No. P-5, Sector – 18, Noida-201301. PANAJI: HDFC Securities Limited, 4rh floor, Minum Residency, Above HDFC Bank, 18th June, Panjim, Goa-403001. PATNA: HDFC Securities Limited, 405, 4th Floor, Grand Plaza, Frazer Road, Patna 800 001. PONDICHERRY: HDFC Securities Ltd,C/o HDFC Standard Life Insurance,17A,Sri Velayudhuam Complex,2Nd Floor,Natesan Nagar, Pondicherry-605005. PUNE: HDFC Securities Limited, Office No. 1,2,3,27,28,29, Jewel of Pimpri, 1st Floor, Above HDFC Bank, Pimpri, Pune-411017. RAIPUR: HDFC Securities Ltd,C/o HDFC Standard Life Insurance Co. Ltd., 2Nd Floor, Pujari Chambers, Block-B1, Near. Pachpedi Naka, Dhamtari Road , Raipur-492001. RAJAHMUNDRY: HDFC Securities Limited, Ground Floor, House no. 46-17-20, Kilari Enclave, Danavaipeta, Rajamundry-533 103. RAJKOT: HDFC Securities Limited, 6th Floor, Pancharatna Building, Alfred School, Jawahar Road, Rajkot -360 001. RANCHI: HDFC Securities Limited, Rohini Apartment, Gr.floor, 56, Circular Road, Lalpur, P.S. & P. O. Lalpur, Dist. Ranchi -834001, Jharkhand. SALEM: HDFC Securities Limited, No. 3, 1st floor, VSA Commercial Complex, Omalur Main Road, Opp. New Bus Stand, Salem-636004. SILIGURI: HDFC Securities Limited, Gr. Floor, kelsons complex, 157 Sevoke Road, Siliguri-734001 District Darjeeling. SURAT: HDFC Securities Limited, 708,709, Kashi Plaza, Near Children Hospital,Manjura Gate, Surat-395002. THANE(MUMBAI): HDFC Securities Limited, Ashok Apartments, Shop No. 3 & 4, Gr. Floor, Opp. Naupada Police Station, Thane (W) 400 602. THIRUVANANTHAPURAM: HDFC Securities Limited, Karimpanal Arcade, East Fort, Trivandrum-695023. TRICHY: HDFC Securities Limited, 11th Cross Main Road, Thillai Nagar, Trichy-624018. UDAIPUR: HDFC Securities Limited, Plot No. 8 & 9, Vivek Chambers, 2nd Floor, Durga Nursury Road, Opp. Sukhadia Samadhi Park, Udaipur-313001, Rajasthan. VADODARA: HDFC Securities Limited, D-11, Kamalanjali, Off Padra Road, Akota, Above HDFC Bank, Opp. Tube Company, Vadodara-390020. VARANASI: HDFC Securities Ltd,C/o HDFC Standard Life Insurance,D 64/127, C-H, 3rd Floor, Arihant Complex,Sigra, Varanasi 221 002. VIJAYAWADA: HDFC Securities Limited, Valluri Complex, 40-1-48/2 M.G.Road, Vijaywada-520 010. VISAKHAPATNAM: HDFC Securities Limited, 104, 1st Floor, Ram’s Plaza, 2nd Lane Dwaraka Nagar, Vizag – 530016, AP. EDELWEISS BROKING LIMITED MUMBAI : Edelweiss Broking Ltd., 104, 1st Floor, P J Towers, Bse Bldg, Dalal Street, Fort, Mumbai – 400 001; Tel. : 022 – 67471345. HYDERABAD : Edelweiss Broking Ltd., 2nd Floor, Mb Towers, Plot No. 5, Road No. 2, Banjara Hills, Hyderbad – 500034; Tel. : 040 – 40316911. INDORE : Edelweiss Broking Ltd.; 312, D.M.Tower, Race Course Road, Indore – 452001; Tel. : 0731-4061164. JAIPUR : Edelweiss Broking Ltd.; Green House 601 & 602; 6th Floor, Ashok Marg, Jaipur - 320 001; Tel. : 0141-4045167. KOLKATA : Edelweiss Broking Ltd.; 2nd Floor, Savitri Towers, 3a, Upper Wood, Kolkata 700 017 ; Tel. : 033- 40104635 BAJAJ CAPITAL INVESTOR SERVICES LIMITED AGRA: Bajaj Capital, Shop No. 110, Ground Floor, Block No. 27/2/4, Sanjay Palace, Near Hotel Panchrattan, Agra-282002. Ph : 0562-6457307. AHMEDABAD: Bajaj Capital, 2-L, ‘Akik’ Opp Lions Hall, Mithakhali Six Raod, Near Nalanda Hotel, Ellisbridge, Ahmedabad-380006. Ph: 079-64500171, 72. ALLAHABAD: Bajaj Capital, Shop No. F-5 , Indira Bhawan, Civil Lines, ALLAHABAD-211001. Ph : 0532-6452481,0532-6452482. BANGALORE: Bajaj Capital, Unit 104-107, First Floor, ‘A’ Wing, Mittal Towers, M.G. Road, Bangalore-560001. Ph: 080-65471121, 65471123; Bajaj Capital, 759, Shri Jayalakshmi Nivasa, 100-ft Road, Indira Nagar, (Opp. SBI Personal Bank) Bangalore-38. Ph : 080-65471127/26; Bajaj Capital, 4, Lakshmi Mansion, 81/B,8th Main Road, Opp. Food World, 3rd Block, Jaya Nagar, Bangalore-11. Ph : 080-65471128/29; Bajaj Capital, Raheja Arcade, 1st Floor, #122, Koramangala, Bangalore-34. Ph:080-65471130/31; Bajaj Capital, 197, Sampige Rd, Near 11th Cross, (Above Karnataka Bank) Malleshwaram, Bangalore-3. Ph : 080-65471132/33; Bajaj Capital, Rajaji Nagar 293/1, 17th Main Road “D”, IIIrd Block, Rajaji Nagar, Bangalore-10. Ph : 080-65471139/38. BHOPAL: Bajaj Capital, Shop No. 6, First Floor, Jyoti Cinema Complex, M.P. Nagar, Zone1, Bhopal-462011. Ph: 0755-6459550. BHUBANESHWAR: Bajaj Capital, Plot No. 1/A, Ground Floor, Station Square, Kharvel Nagar, Bhubneswar-751001. Ph: 0674-6451257, 6451269. CHANDIGARDH: Bajaj Capital, SCO 341-342, First Floor, Sector 35B, Chandigarh 160036. Ph.:(0172) , 6451612 – 13. CHENNAI: Bajaj Capital, Wellington Plaza, 3rd Floor, 90, Anna Salai, Chennai-600002. Ph: 044-23451207, 08; Bajaj Capital, K.R. Buildings, No. 12, L.B. Road, Adyar, Chennai-600 020. Ph : 64588304/305/306; Bajaj Capital, W.111, First Floor, 3rd Avenue, Anna Nagar, Chennai-40. Ph : 64588309/310, 64581539; Bajaj Capital, Shop No. 4, Trinity Complex, No.110, 4th Avenue, Ashok Nagar, Chennai-83. Ph : 64588311/312; Bajaj Capital, No. 7, R.K. Mutt Road, (Near Indian Bank) Mylapore, Chennai-4. Ph : 64581540/64588318/317; Bajaj Capital, Shop No. 4, Plot No. 3, 29th Street, Nanganallur, Chennai-61. Ph : 64588320/319; Bajaj Capital, Bridge Port, New No. 29, Old No. 12, Burkit Rd, T.Nagar, Chennai-17. Ph : 64588321/22; Bajaj Capital, Shop No.5, Ground Floor, Vikas Plaza, 37/C, Velachery, Tambaram Road, Chennai-42. Ph : 64588326/24. COIMBATORE: Bajaj Capital, No. 575, D.B. Road, First Floor, (Near Head Post Office) R.S. Puram, Coimbatore-641002. Ph: 6470136, 38. DEHRADUN: Bajaj Capital, 15, Rohini Plaza, 11-E Rajpur Road, Dehradun-248001. Ph : 0135-6452648,0135-6452649. DHANBAD: Bajaj Capital, Ozone Plaza, 1st Floor, Bank More, Dhanbad – 826001. Phone : 0326-2300576. FARIDABAD: Bajaj Capital, 5R/1 Ground Floor, B.K. Chowk, Near HDFC Bank, Faridabad-121001 Ph: 0129-6466566,. GORAKHPUR: Bajaj Capital, Ground Floor, A D Towers, Bank Road, Gorakhpur, Gorakhpur-273001. Ph : 05516453025,0551-6453026. GUWAHATI: Bajaj Capital, Room No.102, 1st Floor, Dunfur Apartment, R G Baruah Road, Guwahati-781024. Ph: 9207045530, 31. HYDERABAD: Bajaj Capital, 3-6-522, 2nd & 3rd Floor, Archies Showroom, Opp. KFC, Himayath Nagar, Hyderabad-500029. Ph: 040-44555555, 64631421, 22; Bajaj Capital, Shop No. 4, Ground Floor, Swarnajayanthi Complex (HUDA) Ameerpet, Hyderabad-500 016. Ph: 040-64631425/24; Bajaj Capital, No.3/MIG-I, Near ICICI Bank, K.P.H.B. Colony, Kukatpally, Hyderabad-500 072. Ph: 64631427/26. INDORE: Bajaj Capital, Shop No. 3, City Plaza, M.G. Road near Regal Cinema, Indore-452001 Ph.: (0731) 6452014,. JAIPUR: Bajaj Capital, G-3, Anukampa Tower, Opp. SangamTower, Church Road (M. I. Road), Jaipur-302001. Ph: 0141-6503342, 43. JAMNAGAR: Bajaj Capital, 116,1st Floor, Manek Centre, Near Income Tax Office, P. N. Marg, Jamnagar-361008. Ph : 0288-2663373/6450105. JAMSHEDPUR: Bajaj Capital, Shop No. 53, 2nd Floor, Kamani Business Centre Bishtupur, Jamshedpur-831001. Ph: 6457603, 6457627. KANPUR: Bajaj Capital, 106, Ratan Esquire, 14/144, Chunni Ganj, Kanpur-208001. Ph:(0512) 6451763 – 64. KOCHI: Bajaj Capital, Rubicon Building, S.A. Road, South Over Bridge, Valanjambalam, Kochi-682016. KERELA. Ph: 0484-6452566, 65. KOLHAPUR: Bajaj Capital, Ground Floor, Damodar Enclave Apartment, 10th Lane, Rajaram-puri, Kolhapur – 416001. Ph: 0231 – 6450529. KOLKATA: Bajaj Capital, 5th Floor, Room No. 507, 7/1, Lord Sinha Road, Kolkata-700071. Ph: 033-22820383; Bajaj Capital, 9, Ezra Street, Kolkata-700001. Ph: 64578545-47; Bajaj Capital, Gagananchal Complex, Shop No. 38A, 37, Dr. Abani Dutta Road, Howrah-711106. Ph: 64602157-58, 64604011; Bajaj Capital, B-9/20 (C. A), P O. Kalyani, Dist. Nadia, Kalyani-741235. Ph: , 64605211, 64605214; 182, Bajaj Capital, Jessore Road(Satgachi Crossing), Dum Dum, Kolkata-700074. Ph: 64578543; Bajaj Capital, Mezanine Floor, Flat No. 3, P-24A, C I T Road Scheme VI M, Kolkata-700054. Ph: 64578551-52; Bajaj Capital, Martin Burn House, Ground Floor, Room No. 15, 1, R N Mukherjee Road Kolkata-700001. Ph: 64578553-54; Bajaj Capital, Sec-I BF-192, Sec-I, Salt Lake, Kolkata-700064. Ph: 64578627-29; Bajaj Capital, Sec-V Plot No. IX-16, Block EP & GP, Sec-V, Salt Lake, Kolkata-700091. Ph: 64578555-56; Bajaj Capital, 1st Floor, 4 Jatin Bagchi Road, Kolkata-700029. Ph: 64578548-50; Bajaj Capital, Ground Floor, Shop No. 9, ShreeramNagar, Teghoria, V I P Road, Kolkata-700052. Ph: 64578625; Bajaj Capital, 25/A, Raja Ram Mohan Roy Road, Kolkata-700008. Ph: 64578542; Bajaj Capital, C-36, Lakshmi Narayan Colony, Po. Naktala, PS. Jadavpur, Kolkata-700047. Ph: , 64578626. LUCKNOW: Bajaj Capital, 5, Commerce House, Habibullah Compound, 11, M.G. Marg, Hazratganj, Lucknow-226001. Ph : 0522-6565568. LUDHIANA: Bajaj Capital, M-3, ABC Services, SCO-137, Feroze Gandhi Market, Ludhiana-1 Ph: (0161) 2412287. MADURAI: Bajaj Capital, Suriya Towers, No.5, First Floor, 272/273, Good Shed Street, Madurai-625001. Ph : 0452-6461023, 6461024, 6461025. MANGALORE: Bajaj Capital, Essel Towers, BS 4, Bunts Hostel Circle, Mangalore-575003. Ph: 0824-6451218, 17. MEERUT: Bajaj Capital, G-43, Ganga Plaza, Near Begam Bridge, Meerut cantt.-250001. Ph : 0121-6451510, 6451511. MUMBAI: Bajaj Capital, Agra Bldg, Gr. Floor, 7/9 Oak Lane, Fort, Mumbai-400023. Ph: 022-66376999; Bajaj Capital, 16, Shopper’s Point, Behind Motimahal Restaurent, S V Road , Andheri-(W), Mumbai-400058. Ph 022-65210112, 65210116; Bajaj Capital, Rashesh Building, Shop no 11, 1st Floor, Near Maxus Mall, 150 ft Road, Bhayandar (w), Thane-401104. Ph 022-65991662-63; Bajaj Capital, Shop no.1, Shantinath Apt, Opp star Apt, S V Road, Borivali(w), Mumbai-400092, Ph. 65991664-66; Bajaj Capital, Room No.1, Gr Floor, Sunil Sadan Opp Grand Central Restaurant, M.D.S Marg, Chembur (E) Mumbai-400 071. Ph 022-65991667-68; Bajaj Capital, Shop No. 5, Abdul Kadar Jilani Building, Gokhale Road, Opp. Portugese Church, Dadar (w), Mumbai-400 028. Tel: 65991669-70; Bajaj Capital, Office No. 8, Nandashish Building, R. B. Mehta Marg, Ghatkopar (E), Mumbai – 400 077 Tel. 022 – 65991671/65210115; Bajaj Capital, Shop No 61, Vasant Sagar, Krishna Bldg, Opp Thakur Cinema, Thakur Village, Kandivali (E), Mumbai-400101. Ph 022-64507728, 65991672; Bajaj Capital, Shop No 102, Sai Arcade, N.S. Marg, Above Union Bank Of India, Mulund (W), Mumbai-400080. Ph. 65210113, 65991673+B91; Bajaj Capital, Shop No 1, Dhara Complex, Plot No.3&4, Sec-No 44, Seawoods, Nerul, Navi Mumbai-400706. Ph: 022-65991674-75; Bajaj Capital, Shop No 11, Gr. Floor, Dheeraj Heritage Bldg, SV Road, Santacruz: (W) ,Mumbai-400054. Ph 022-64507727, 65991676; Bajaj Capital, Shop no-3, Chaman House Co-op Hsg Society, plot no-34, Beside IDBI Bank Atm, Sion (E) Mumbai-400022. Ph 022-64518004, 65991677; Bajaj Capital, Shop No 3, 5th Floor, Tardeo Airconditioned Market, Mumbai 400 034. Ph 64534950,64534954; Bajaj Capital, R.No 5, Above Khandelwal Sweets, Opp Thane Railway Station, Gokhale Road, Thane (W) Mumbai – 400601. Ph 022-25376898, 65991678-79. NAGPUR: Bajaj Capital, Shop No. 5, Pushpakunja Commercial Complex, Central Bazar Road, Ramdas Peth, NAGPUR-440010. Ph : 0712-6618577. NASHIK: Bajaj Capital, G 18 & 19 , Suyojit Sankul, Tilak Wadi, Sharanpur Road, Nashik422002. Ph : 0253-6629011, 6629012. NEW DELHI: Bajaj Capital, Bajaj House, 97, Nehru Place, New Delhi-110019. Ph: 011-41693000,26410315. DELHI-KALKAJI: Bajaj Capital, N-10, Kalkaji, New Delhi-64736914, 64640919; Bajaj Capital, 15, L.G.F. Central Market, Masoodpur, Vasant Kunj, New Delhi-110070, Ph: , 64736918, 64640940; Bajaj Capital, Shop no. 15, Ground Floor, Deep Cinema Complex, Phase-1, Ashok Vihar, Delhi-110052 Ph: 64736944, 64640908; Bajaj Capital, United India Life Building, F-Block, Connaught Place, New Delhi-1. Ph.: 41790444 (30 Lines) 64640900-07; Bajaj Capital, DDA Shop No. 24, Ground Floor, Rama Krishna Market, No.1, I. P. Extension, Patparganj, Delhi-110092 Ph.: 64736942, 64640931; Bajaj Capital, DDA Shop No. 4, FD Market, Near Madhuban Chowk, Pitampura, Delhi-110088, Ph: 64736902, 64640933; Bajaj Capital, 5/201, Sikka Complex, IInd Floor, Community Centre, Preet Vihar, Delhi-110092 Ph: 64736909, 64640935-6; 9, Bajaj Capital, Ground Floor, Rajendra Bhawan, Rajendra Place (Opp. Rachna Cinema) New Delhi-110008, ph:, 64736940, 64640938; Bajaj Capital, Shop No. 4, 1st Floor, Lajwanti Plaza, Sector-4, Main Market, Vaishali, Ghaziabad. Ph: 6493212, 6494072; 112, Bajaj Capital, 1st Floor, Ansal Chamber-1, Bhikaji Cama Place, New Delhi-110066 Ph: 64736916, 64640910; Bajaj Capital, F-1, Ist floor, B-87, Defence colony, New Delhi-110024. Ph: , 64736930, 64640912; Bajaj Capital, F-4, HL Square, Plot No. 6, Sector-5, Dwarka, New Delhi-110075 Ph: , 64736925, 64640915; Bajaj Capital, Shop No. 11 & 12, 7-A, Janakpuri Dist.Centre (Opp. Janak Puri Transport Authority), New Delhi-110058. Ph:, 64736912, 64640917; Bajaj Capital, Shop No. 3, Ground Floor, B-5, Tagore Market (Next to Post Office), Kirti Nagar-110015, Ph: 64736922; Bajaj Capital, C-50, Shivalik, Main Road, Malviya Nagar, New Delhi-110017. Ph:, 64736907, 64640923; Bajaj Capital, G-8&9, Ground Floor, Bhanot Tower, A-Block Opp. Jawala Heri Market, Paschim Vihar, New Delhi-110063. Ph: 64640929, 64736947; Bajaj Capital, 19, DDA Market, Commercial Complex, Yusuf Sarai, New Delhi-110016 Ph:, 64640943-44, 64736937. PATNA: Bajaj Capital, Flat No. 108, 1st Floor, Ashiana, Plaza, Budha Marg, Patna-800001. Ph: 0612-6451056-59, 61-63. PONDICHERRY: Bajaj Capital, No. 127/A, 100 Ft. Road,Natesan Tower, 1st Floor, Natesan Nagar, Pondicherry-605001. Ph : 0413-6452334, 6452335. PUNE: Bajaj Capital, Shop No 6, Sanas Plaza, 1302, Subhash Nagar, Bazirao Road, Pune-411002. Ph: 020-65009460, 61; Bajaj Capital, Suyash Plaza, Office No.08, 3rd floor, Opp-Selene Building, Bhandarkar road, Near Kamla nehru Park. Pune – 411004 Ph: 020 – 65009463; Bajaj Capital, Office no. 13, A Wing, Kamala Cross Road, Opp. PMPC office, old Mumbai highway,Pimpri, Pune-411018. Ph : 020-46500150-51. RAJKOT: Bajaj Capital, Prathibha Complex, Near Jayesh Publicity, Moti Tanki Chowk, Rajkot – 360001. Ph: 0281-6450135, 37. SALEM: Bajaj Capital, 22, GF, Omalur Main Road, Salem-636009. Ph : 0427-6452565, 6452566. SILIGURI: Bajaj Capital, 3rd Floor, Jatin Das Sarani, (Near Jwel Club),Ashram Para,Siliguri, Siliguri – 734001. Ph: 9641831375. SURAT: Bajaj Capital, L-4, Ground Floor, Vishwakarma Chambers, Majura Gate Crossing Road, Ring Road, Surat-395002. Ph: 0261-6450421, 6450422. THIRUVANANTHAPURAM: Bajaj Capital, Edamala Plaza, TC 14/999 Opposite Police Headquarters, Vellayambalam Road, Vazahuthacadu Sasthamangalam Post, Thiruvananthapuram-695010. Ph: 0491-6450176. THRISSUR: Bajaj Capital, VIII/78/9, Bharatha Kshemam Building, Next to SBI ATM, College Road, East Fort, Thrissur – 680005. Ph: 0487-6451533, 6451570. TRICHY: Bajaj Capital, Swati Arcade, 73/1-f 1st Floor Salaia Road, Thillai nagar, Thiruchirapalli-620018. Ph : 0431-6452094, 6452095. VADODARA: Bajaj Capital, 129 Siddharth Complex, R C Dutt Road, Vadodara – 390007. Ph: 0265 – 3088162. VARANASI: Bajaj Capital, D-58/53-54, 1st Floor, Shiva Complex, Rath Yatra Crossing, Varanasi-221010. Ph : 0265-6450181. VIJAYWADA: Bajaj Capital, Kalyan Complex 39-1-89, 1st Floor, Beside OBC Bank, Temple Street, M.G. Road, Labbipet, Vijayawada-520010. Ph : 0265-6450181. VISHAKHAPATNAM: Bajaj Capital, Door No.10-1-125, 1ST Floor, Asilmetta Junction, Beside Prasad Labs, Visakhapatnam – 530003. Ph: 0891-6461773, 74. KOTAK SECURITIES LIMITED AGRA: Kotak Securities Limited., 2/220, Glory Plaza, Suer Sadan Crossing, M.G Road,P: 5538760; AHMEDABAD: Kotak Securities Limited., 207, 2nd Floor, Sakar-II, Ellisbridge Corner, Ashram Road.P:26587276; Kotak Sec Ltd., 201/A, Amruta Arcade, Nr Maningr Char Rasta, Maningr; Kotak Securities Limited., B/104, 1st Floor, Premium House, Opp Gandhigram Rly Stn.P:26579567; Kotak Securities Limited., B-46, Kamdhenu Complex, Opp.Sahajanand College, Panjara Pole, Ambawadi.P:26308035; ALLAHABAD: Kotak Securities Limited., M-4, Mezzanine Floor, LDA Center, 2, Sardar Patel Marg, Civil Line.P: 2561451; AMRITSAR: Kotak Securities Limited., Unit No.FUF-7, Central Mall, 32, Mall Road; ANAND: Kotak Securities Limited., 3rd Floor, “Sanket”, Near Grid.P: 2573311; BANGALORE: Kotak Securities Limited., ‘Umiya Landmark’–II Flr., No:10/7 -Lavelle Rd.P: 66203601; Kotak Securities Limited., no 201, soundrya sampige complex, Sampige Road, No 412, 8th Cross, Malleswaram. P: 9900133758; BELGAUM: Kotak Securities Limited., T-01,3rd Floor, Shri Laxmi Sankul Complex, Maruti Galli,P: 4206651; BHARUCH: Kotak Securities Limited., 235-236, Harihar Complex, Zadeshwar Road.P:570569; BHOPAL: Kotak Securities Limited., Third Floor, Alankar Palace, 10-11, MP Nagar, Zone 2.P: 5248133; BHUBANESHWAR: Kotak Securities Limited., Plot No – 24, 2nd Flr., SCR, Nr Bazaar Kolkata, Bapuji Nagar, Janpath.P: 2597871; BIKANER: Kotak Securities limited, Office No. 1/2 of 12, Office No. 13 & 14, 1st Floor, Silver Square, Rani Bazaar, CHANDIGARH: Kotak Securities Limited., SCO-14-15, 2nd Floor, Madhya Marg, Sector-8C.P: 5065301; CHENNAI: Kotak Securities Limited., GRR Business Cneter, No.21, Vaidyaraman Street, T Nagar.P:66462000; COIMBATORE: Kotak Securities Limited., 1st Floor, Red rose chamber, 1437,Trichy road.P: 6699666; CUTTACK: Kotak Securities Limited., 1st Floor, Umang Plaza, Bajrakabati Road, Nr. Petrol Pump, DHERADUN: Kotak Securities Limited., 1st Floor, Swaraj Complex, 72, Rajpur Road, Opp Hotel Madhuban,P: 2745870; DHANBAD: Kotak Securities Limited., 1St Floor, Commerce House - 2, Above Ashoka Bajaj Showroom, Shastri Nagar, P:2308482; GUWAHATI: Kotak Securities Limited., Akshay Tower , 4th Floor, Opp. Rupayan Arcade, Fancy Bazar, S.S. Road. P: 2732243; GUNTUR: Kotak Securities Limited., Diamond plaza, 2nd Floor , 6th Lane, Arundelpet main Road, HUBLI: Kotak Securities Limited., V A Kalburgi Complex, Ground floor, Besides Vivekanand corner, Desai Cross, Deshpandenagar.P: 2357512; HYDERABAD: Kotak Securities Limited., 9-1-777, 4th Flr, Beside ITC Bldg, S D Rd, (LANE Opp to DBR Diagnosis), P:65326394; INDORE: Kotak Securities Limited., 314, Citi Centre, 570, M.G. Road.P:2537336; JABALPUR: Kotak Securities Limited., Jain Tower, 3rd Floor, Ruseel Chowk,P: 4085850; JAIPUR: Kotak Securities Limited., 305-308, 3rd Floor, Green House, O-15,Ashok Marg, C-Scheme; JALANDHAR: Kotak Securities Limited., 2nd Floor, 465, Lajpat Nagar Market; JAMNAGAR: Kotak Securities Limited., 701, 5th Floor, City Point, Station Road, Near Town Hall.P: 5540355; JAMSHEDPUR: Kotak Securities Limited., Bharat Business Centre, Ho No.2, 2nd Flr, Rm No. 8, Ram Mandir Area Bistupur,P:3090856; JODHPUR: Kotak Securities Limited., 1st Floor, Gulab Bhawan, Chopasani Road,P: 5101956; KAKINADA: Kotak Securities Limited., No: 15 , 1st Floor, Subhadra ArcadeBhanugudi Junction KANPUR: Kotak Securities Limited., 312-315, 3rd Floor, 14/113, Kan Chambers, Civil Lines, Near UP Stock Exchange.P: 3018114; KOCHI: Kotak Securities Limited., 40/1400, 11th Floor, Ensign Enclave, Jos Junction, M.G. Road.P: 2377386; KOLKATTA: Kotak Securities Limited., 7th Floor, Apeejay House, Block ‘C’, 15, Park Street,P:22273999; Kotak Securities Limited., Govind Bhavan, Ground Floor, 2, Biplabi Trilokya Maharaj Sarani(Brabourne Road),P: 2235 8105; KOTA: Kotak Securities Limited., D-8 First Floor, Shri Ram Complex, Opposite Multipurpose School, Gumanpura; LUCKNOW: Kotak Securities Limited., 1-2 Ground floor, Commerce House, Habibullah Estate,11 M.G. Marg.P:3950119; Kotak Securities Limited., A-1 ; Ashish Palace,Sector E,Aliganj, P: 3232285; LUDHIANA: Kotak Securities Limited., SCO-122, 2nd Floor, Firoz Gandhi Market,P: 5047214; MADURAI: Kotak Securities Limited., Shop A First Floor, KRV Arcade, AR PLAZA 16 & 17, North velli Street.P: 2341225; MANGALORE: Kotak Securities Limited., No.4, 3rd Floor, The Trade Centre, Jyoti Centre, Bunts Hostel Road, Near Jyoti Circle, P: 424180; Kotak Securities Limited., No.4, 3rd Floor, The Trade Centre, Jyoti Centre, Bunts Hostel Road, Near Jyoti Circle.P: 424180; MUMBAI: Kotak Securities Limited., 32, Gr Flr., Raja Bahadur Compound, Opp Bank of Maharashtra, Fort,P:22655074; Kotak Securities Limited., 6th Floor, Kotak Towers, Building No. 21, Infinity Park, Off Western Express Highway, Goregaon Mulund Link, Road, Malad (E),P: 6605 6825; Kotak Securities Limited., Nirlon House, 3rd Floor, Dr Anie Besant Road, Near Passport Office, Worli,P:66529191; MYSORE: Kotak Securities Limited., No: 646 - Kiran Mansion - 2 nd Floor, Above Reliance Fresh, Chamaraja Double Road, P: 4000861; NAGPUR: Kotak Securities Limited., Plot no. 5, 3rd floor, Lotus Gorepeth Layout WHC Road , Dharampeth, P: 6620278; NASHIK: Kotak Securities Limited., G-5, Suyojit Avdhoot Tower, Old Gangapur Naka, Gangapur Rd,P: 6609804; NEW DELHI: Kotak Securities Limited., 202-217, 2nd Floor, Ambadeep Building, 14, Kasturba Gandhi Marg.P:66313131; NOIDA: Kotak Securities Limited, 2nd Floor, Above Kotak Mahindra Bank, G-31-32, Atta Market, Sector-18,P: 4606911; GURGAON: Kotak Securities Limited., O-107, Shopping Mall, Arjun Nagar, DLF Phase-1,P: 5050551; PANAJI: Kotak Securities Limited., 2ND Floor,Gurusai Plaza,Isidoria Baptista Road,Margao,P: 6624833; PATNA: Kotak Securities Limited., Office No.7, Twin Tower Hathwa, South Gandhi Maidan,P: 2224620; PUNE: Kotak Securities Limited., 2 ND FLOOR, KUMAR BUSINESS CENTER,BUND GARDEN ROAD,OPP. BUND GRADEN,P: 66066129; RAIPUR: Kotak Securities Limited., Menzanine Fllor, Chawla Complex, Near Vanijya Bhawan,Devendra Nagar Road, P: 251555; RAJKOT: Kotak Securities Limited., Nath Complex, 2nd floor, Opp. Jilla Panchayat, Above Kotak Mahindra Bank, Yagnik Road.P:2459436; RAJAHMUNDRY: Kotak Securities Limited., Door no 46-22-11, Karri surireddy plaza , Danavaipeta , RANCHI: Kotak Securities Limited., Shop no. 24 & 25, 2nd Floor, A.C. Market, G.E.L. Church Complex, Main Road, P:2200860. SALEM: Kotak Securities Limited., 5/241, F Rathna Arcade Five Road,Meyyanur,P: 2335476; SILIGURI: Kotak Securities Limited., Nanak Complex, 2nd Floor, Sevok Road, SURAT: Kotak Securities Limited., Kotak House, K G Point, 1st Floor, Nr.Ganga Palace, Opp.IDBI Bank, Ghoddod Road.P: 2254553; TRICHUR: Kotak Securities Limited., No:22 Suharsha Towers, Shornur Road, TRICHY: Kotak Securities Limited., C-56,1-24-4th cross, Thillai Nagar, TRIVANDRUM: Kotak Securities Limited., Mahesh Estates, 2nd Floor, T L -15/1805, Vazhuthacadu, P: 2337423; UDAIPUR: Kotak Securities Limited., 222/12, Ist Floor, Mumal Towers, Saheli Marg, P: 513901; VADODARA: Kotak Securities Limited., 216, Meghdhanush Complex, Race Course Road (South),P: 2314455; VARANASI: Kotak Securities Limited., 1st Floor, Arihant Complex, D-64\127-C\H, Sigra, P: 2227305; VIJAYAWADA: Kotak Securities Limited., 40-1-48/1, Labbipet, M.G.Road,P: 6649061; VISAKHAPATNAM: Kotak Securities Limited., Door No.47-10-15, VRC Complex , 2nd Floor, Railway Station Rd , Dwarka Nagar, P: 6642009. ENAM SECURITIES PRIVATE LIMITED BANGALORE : Enam Securities Pvt Ltd,10/3, Ground Floor,No.29, Empire Infantry,Infantry Road, Pin- 560001, Ph:080- 40333222. CHENNAI : Enam Securities Direct Pvt Ltd,11, Vijay Delux Apts., 7/4 First Main Road, Cit Colony, Mylapore, Pin- 600004, Ph:044- 39184335 / 4226. HYDERABAD : Enam Securities Direct Pvt Ltd,6-3-650/217b & C, Maheshwari Chambers, 2nd Flr.,Somajiguda, Pin- 500082, Ph:040- 39893626/30658502. KOLKATA : Enam Securities Direct Pvt Ltd,S-205, Ideal Plaza, 11/1,SARAT BOSE ROAD, Pin- 700020, Ph:033- 32426310/30588154. MUMBAI : Enam Securities Pvt Ltd,Khatau Building, 2nd Floor, 44 Bank Street, Off Shahid Bhagatsing Road, Fort, Pin- 400023, Ph:022- 22677901; Enam Securities Direct Pvt Ltd,201-A, Laxmi Towers, Bandra Kurla Compex, Bandra (E), Pin- 400051, Ph:022- 66803600; Enam Securities Pvt Ltd,Hari Chamber, Ground Floor, 58/64, Shahid Bhagat Singh Road, Fort, Pin- 400001, Ph:022- 22677901. NEW DELHI : Enam Securities Pvt Ltd,M-39, Iind Floor, Outer Circle,Opp.Super Bazar, Connaught Place, Pin- 110001, Ph:011- 49811200/201. PUNE : Enam Securities Pvt Ltd,1248a, Asmani Plaza, Goodluck Chowk, Deccan Gymkhana, Shivaji Nagar, Pin- 411004, Ph:020- 25521606/406; Enam Securities Direct Pvt Ltd,101 & 102, Silver Prestige, 1st Floor, Opp. Mccia, Tilak Road, Swargate, Pin- 411002, Ph:020- 30205492/93. RAJKOT : Enam Securities Direct Pvt Ltd,308, 3rd Floor, Towar Commercial Complex,Jawahar Complex,Near Galaxy Hotel, Pin- 360001, Ph:0281- 2226383/384. VADODARA : Enam Securities Direct Pvt Ltd,Gf 9, Silverline Towers, Opp Bbc Towers,Sayajiganj, Pin- 390005, Ph:0265- 3026945/46; Enam Securities Pvt Ltd,642 Fortune Towers, Sayajiganj, Pin- 390005, Ph:0265- 2225412. SMC GLOBAL SECURITIES LIMITED AGRA : F- 4, Block No 35, Surya Kiran Building Near Metro Bar Sanjay Place Agra ph no 7520787708 AHMEDABAD: 3rd Floor, Sun City House, Besides Pantaloon, Opp Kotak Bank, MithaKhali Six Road, Ahmedabad – 380009 Ph: 9427181917, 10-A, Kalapurnam,C G Road, Near Municipal Market, Ahmedabad 380003 Ph: 9327576200, BANGALORE : Premises # 7,8,9,10,Ground floor,Gold Tower,#50(old # 98),Residency Road,Bangalore – 560025 BHOPAL : 313, IInd Floor Jyoti Complex M P Nagar,ZoneI Bhopal – 462011 Ph. No.-07828988899 BHAVNAGAR : NO. 113, Ist Floor, Shopper’s Plaza,Waghavadi Road, Bhavnagar, Gujarat - 364001 Ph no 9377621422 BHUVNESHWAR : House No.5, Janpath, Unit-3,Bhubaneswar, Orrisa 751007. CHENNAI “ Vantage Plaza” III Floor ‘ G ‘,1, Kalki Krishnamurthy Road,(L.B.Road), Thiruvanmiyur chennai-600041, 2nd Floor, ‘A’ Mookambika Complex,No.4, Lady Desikachari Road,Mylapore, Chennai – 600004, yam Complex, AA-147, Fourth Floor, IIIrd Avenue, Anna Nagar, Chennai, 600040 DHANBAD : 1st Floor D D House Sonapatti p.o Jharia Jharkhand 828111 Ph no 9334001022. DEHRADUN: 7,8,9&10 shiva palace, second floor, rajpur road Dehradun 248001 Ph: 9368572105, DELHI : 17, Netaji Subhash Marg, Daryaganj, New Delhi-110 002, Ph no 9818620470 6B, First Floor Himalaya House 23, K G Marg Connaught place New Delhi -110 001, Ph no 9958696929 DURGAPUR : PLOT NO. 1396, Nachan Road,Benachity, Near Hotel Kashino,Durgapur,West Bengal – 713213, HISAR: Mago Securities Ltd 104, SCFGram, 1st Floor Green Squar Market Hissar, HYDERABAD : 206, 3rd floor Bhuvana Towers, Above CMR Exclusive, S D Road Secunderabad, 500003, INDORE: 206,Gold Arcade 3/1 New Palasia Opp Curewell hospital, Indore, M P Ph: 9826062666, JAIPUR: 401, fourth Floor Shyam Anukampa Opp HDFC Bank Ashok Marg C scheme Jaipur, Ph no 9929644402 JAMSHEDPUR : K2-L1 Tiwary Becher Complex,P.o. Bistupur, Jamshedpur 831001, Dhanbad : 1st Floor D D House Sonapatti p.o Jharia Jharkhand 828111, JODHPUR: 201, Poonam Complex, III-C Road, Sardapura, Jodhpur, Rajasthan 342 003 Ph: 9314712688, KANPUR: SPFL House 15/63 Civil Lines Near D A V Degree College Kanpur Ph: 9336836894, Gigantic Commodities 15/240 - I, Civil Lines, Kanpur, 208001 Ph: 9936449444, Office No301, 3rd floor Rattan Esqure Chunnigunj Kanpur-208001Ph: 9532197276, Anand Investments, 75/21, Halsey Road Ph: 9415135884 KOTA: 4-A-6 Talwandi Kota Rajasthan, KOLKATA : 18,Rabindra Sarani Podder Court Gate No 4, 5th Floor Kolkatta -700001 Ph no 9933664479, LUCKNOW: Radha Krishna Bhawan, Plot No. 3/A, 5 Park Road, Lucknow, MEERUT: C/O KSB Capital Services Ltd Shop No-1,First Floor,Hari Laxmi Road,P K Road,Crossing Meerut Ph: 9837024084, Kaveri Complex, P.l. Sharma Road Meerut Ph: 9837101412, MUMBAI: 258,Perin Nariman Street First Floor Fort mumbai -400001 Ph: 9323216183, 3rd Floor A ring Laxmi Tower Bandra Kurla Complex Mumbai Ph: 7738863333, 1st Floor, Dheeraj Sagar, Opp Goregaon Sports Club Link Road Malad (W) Mumbai Ph: 9769908287, RAJKOT: 302/B 3rd Floor, Shivalik - 5, Makkam Chowk, Gondal Road. Rajkot -360 002 Ph: 8000903984,VARANASI : Shilpi Nahar K 65/24, Jalpa Devi Road Kabir chauraha, Varanasi Pin 221001 Ph no 9336612587 ANAND RATHI SHARES & STOCK BROKERS LIMITED AGRA: Shop No. 9, 1st Flr, Deepshika Bldg, Sanjay Place, Agra-282002; AHMEDABAD: Unit No. 201, 2nd Flr, Parth Complex, Off C. G Road, Swastik Cross Char Rasta, Navrangpura, Ahmedabad 38009; ALLAHABAD: Darbari Bldg, 15/29/125, Plot No. 25, Mahatma Gandhi Marg, Civil Station, Allahabad 211001; AMRITSAR: Mezzanine Flr, Nagpal Towers Ii, Sco 44, Distt, Shopping Centre, Ranjit Avenue, Amritsar; ANAND: F-6/7, 1st Flr, Silver Oak, Opp Panchal Hall, Anand V. V Nagar, Anand - 388001; AURANGABAD: 1st Floor, Plot No. 24 & 25, Vivekanand College Road, Opp. Police Workshop,Samarth Nagar, Aurangabad: 431001/; BANGALORE: Express Building No.1, 4th Floor, Queens Road, Civil Station, Banglore-560052; BELGAUM: Sri Krishna Towers, 2nd Floor,Cts No.14, Khanapur Road, Tilakwadi,Belgaum-590006; BHILWARA: D-1,D-2,E-1,F-2, Ganapati Enclave,Heera Panna Campus, Opp. Nahar Bros. Petrol Pump,Pur Road,Bhilwara-311001; BHUBANESWAR: 49, 2nd Flr, East Side, Ashok Nagar, Bhubenshwar; BIJAPUR: Bhaheti Complex, Kirana Bazzar Circle, S.s.road, Near Tata Indicom Show Room, Bijapur-586106; BIKANER: Near Drm Circle, Above Obc Bank, Bikaner - 334005.; CHANDIGARH: Office No.1, 3rd Flr, Sco No. 37-38, Sector 17-c, Chandigarh; CHENNAI: G1,Ground Floor,Arthi Apartments,No.150,Habibullah Raod,T Nagar Chennai-600 017; COIMBATORE: No. 41-a, West Lokamanya Street, 1st Floor, R. S. Puram, Coimbatore - 641002; CUTTACK: Grd Flr, Plot No. 1615, Haripur, Cuttack - 753001; DAVANAGERE: Eshwar Complex, P.j.extn, 2nd Main,Raitara Beedi,Davangere-577002; DEHRADUN: 1 Grd Flr, Neshvilla Road, Behind Congress Bhavan, Dehradun - 248001; ERODE: Door No 155 & 155 A,Dhana Vikas Complex,Nehru Street,Erode-638001,Tamilnadu; GULBARGA: 1-101/3,4,5/F1 & Part Of F-2, Asian Plaza, Sardar Vallabh Bhai Chowk, Station Road, Gulbarga-485102; GUWAHATI: 4th Floor, Plont No.1528/1529, K.p. Patta No.796 Sahar Ulubari Mouza, Guwahati; HUBLI: No.103to108, A-blocka-block, Court Circleclub Roadhubli-580029ph -0836-5259200; HYDERABAD: 1st Flr, 6-3-346/1,Road No.1,Banjara Hills,Hyderabad - 500034; JAIPUR: Off No. 4,5,6,7,8&L-4, 1st Flr,C-98,Sanghi Upasana Tower, Ahinsa Circle Subhash Marg, C-scheme, Jaipur 302001; JALANDHAR: 1st Floor, Apex Tower, G T Road, Jalandhar, Punjab; JAMMU: 2 & 16,North Block B-1,Bahu Plaza,Rail Head Complex,Jammu-1800004; KANPUR: Grd Flr, 16/79-h, Civil Lines, Kanpur 208001; KOLHAPUR: Shop No 67,68,Gemstone,R D Vichare Complex 517/2 E Ward,Shahupri,Kolhapur; KOLKATA: Central Plaza, Room No-501, 2/6 Sarat Bose Road, Kolkata-700020; KOTA: Indragyan Complex, Gumanpura, Kota; LUCKNOW: Taz Plaza, Gr. Floor, (Madan Mohan Malviya Marg) Lucknow -226001.; LUDHIANA: 15,Span Plaza,Feroz Gandhi Market,Ludhiana141001; MADURAI: 272,Good Shed Street,Madurai-625001; MANGALORE: Ground Floor, No.g-10 ( Door No.14-4-511/21 ) , Crystal Arc, Balmatta Road , Manglore - 575001; MUMBAI: Seagull House, 2nd Floor, Shivaji Colony, Chakala, Andheri (E), Mumbai - 400099, India; MYSORE: 442/5, Srikanteshwara Mansion, 1st Flr, Chamaraja Double Road, South Cross Road, Near Ramaswamy Circle, Mysore; NAGPUR: S-1 & S-2 ,2nd Floor, Shradha House,345 Kingsway, Opp Bank Of India, Nagpur - 440 001.; NASHIK: Office No. 6, 2nd Floor, Stadium Complex, Bldg No. 5 M G Road, Nashik 422001; NEW DELHI/DELHI: Flat No.911, 9th Floor,Ansal Bhavan Bldg,16, Kasturba Gandhi Marg, New Delhi-110001; PANAJI: Trimurthy Building,1st Floor, Opp Hotel Novagoa,Panjim, Goa-403001; PATNA: 2nd Floor Shahi Complex Dakbunglow Road Patna-800001; PUNE: 2nd Flr, Indrayani, C.t.s No. 58/1, Final Plot No. 92/1, Erandavane, Pune - 411004; RAICHUR: H.no.12-10-51/3a,1st Floor,Lingasugur Road,Raichur-584101; RAIPUR: No. 229, 230, 231, 232, 2nd Flr, Lalganga Shopping Mall, G.e. Road, Raipur; RANCHI: 5th Flr, M R Tower, Sarada Babu Street, Line Tank Road, Upper Bazar, Ranchi 834001; SALEM: No 252, Brindavan Main Road, Fairlands, Salem – 636 016; SHIMOGA: 1st,Floor, Lakshmi Sadan,Parl Exten.opp.icici Bank,Shimoga-577201; SILIGURI: 2nd Flr, Above Raymond Showroom, Sevkoke Road, Plot No. 766, Khatian No. 5282/1, Mouza Siliguri, Jl No. 110(88), Pargana Baikunthapur, Post Office, P.s., District Darjeeling, West Bengal.; SURAT: G-2, International Trade Centre, Majuragate Crossing, Ring Road, Surat; THANE(MUMBAI): Shop No. 3, Grd Flr, Shree Sadan, Naupada, Ghantali Devi Road, Thane W, Mumbai 400602; TIRUPUR: 62(1),Western Portion,Binny Main Street,1 Floor,Kumaran Street,Tirupur-1; TRICHY: Sri Krishna Enclave , No 75 E/3 , 3rd Floor , Salai Road ,Thillai Nagar , Trichy620018; UDAIPUR: 46/3,Madhuban,Udaipur; VADODARA: Ff/104,Capri House Ii,15-sudhanagar Chs,Jetalpur Road,Vadodara-390005; VARANASI: Office No.33,3rd Floor,D,48/141-a,Misir Pokhra,Luxa Road,Varanasi; VIJAYAWADA: 1st Flr, No. 12-2-269, Babu Rajendra Prasad Road, Vijaywada - 1; VISAKHAPATNAM: 2nd Flr, No. 47-10-32, Guttikonda Mansions, Dwarakanagar, Visakhapatnam - 530016; SHRIRAM CITY UNION FINANCE LIMITED : COLLECTION CENTRES FOR APPLICATION FORM HDFC BANK LIMITED AHMEDABAD: HDFC Bank Ltd,Astral Tower, Near Mithakhali Six Raod,Navrnagpura, Ahmedabad - 380 009 Tel: 079-32423470 / 093740 21787/079-65440373 / 093761 09247/079-65440373 / 093270 88696. ASANSOL: P.C Chatterjee Market, rambandhu talaw, asansol, pin - 713303 Tel: 0341-2315179, 9332277661. AURANGABAD: HDFC Bank Ltd. Divekar Plaza,CTS No 18272, IInd Floor,Railway Station Road,Padampura, Aurangabad, Maharashtra 431001 Tel: 0240-6604355, 9371619597. BANGALORE: HDFC Bank Ltd., Cash Management Services “SALCO Centre” # 8/24, Richmond Road Bangalore 560025 Tel: 8066633131 09343790037. BHILWARA: HDFC Bank Ltd., WBO, Shop no. 1-2-3-4, “A” Block, First Floor, SK Plaza, Pur Road Bhilwara (Raj.) 311001 Tel: 01482-512686, 9351302102. BHOPAL: Asha Avenue, 1st Floor, Z-1, Zone-1 M P Nagar, Bhopal-462011 Tel: 0755-4002914, 4002916, 4002917, 9302446025. Bhubaneshwar: C111, Business park, 1st Floor, Sahid Nagar Bhubaneswar 751007 Tel: 0674 2543486 / 0 9338182087. BIKANER: HDFC Bank Ltd. Roshan Plaza, Rani Bazar, Bikaner 334001 Tel: 0151-5130042, 09314232073. BURDWAN: 45 GT Road/Burdwan-713101 Burdwan 713101 Tel: 0342-2566355/9333744965. CALICUT: HDFC Bank Ltd, III Floor, Simax Towers, Kannur Road, Nadakkave, Calicut 673011 Tel: 9349206616, 9388241847/ 0495- 4433154,155. CHENNAI: No. 115, Dr. Radhakrishnan Salai, 2nd Floor, Opp. to CSI Kalyani Hospital, Mylapore, Chennai - 600004. Tel: 9381750927. CUTTACK: HDFC Bank Ltd, Holding No 32, 32/A Bajrakabati Road, Cuttack ,Orissa - 753 00 Cuttack 753001 Tel: 0671-2332744 / 9338016590. Davangere: #651 B H M Enclave, HM Road, Mandipet,Davangere Tel: 08192-232781/82. DHANBAD: Sri Ram Plaza, 1st Floor, Bank More Dhanbad Jharkhand 826 001 Tel: (0326) 2308831. DURGAPUR: Balai Commercial Complex,3rd Floor. Benachity,Nachan Road. Durgapur 713213 Tel: 0343-2588501/9330038188. ERODE: NO.680, Lotus Enclave,Brough Road,Erode Erode 638001 Tel: 0424-2261287. GORAKHPUR: Wholesale Banking Operations,Shreenath Complex, 10, Park Road, Civil Lines, Gorakhpur 273 001 Tel: 0551-2205685 / 0551-3208666 / 09335086506. GWALIOR: J K Plaza, Gast Ka Tazia, Lashkar Gwalior 474001 Tel: 07514015007/9300788558. JABALPUR: HDFC Bank Ltd, 1st Floor, Kumbhare Mension, 636, Vijay Nagar, MR- 4, Main Road, SBI Chowk, Jabalpur (MP) - 482002 Tel: 0761-4018773/ 0761-4084853/ 9301744303/ 9301744304. JAMMU: CB-13, Rail Head Commercial Complex, Gandhi Nagar JAMMU 180004 Tel: 0191 -2471427, 2475396. JAMNAGAR: Abhishek3rd Floor ,Saru Section Road,Near Savan appartment,Jamnagar -361008 Tel: PH-02886541963 - RIM-9327812378. Kakinada: #20-1-46,Main Road,Opp SRMT Kakinada 533001 Tel: 0844-2387666-555. KOLKATA: Abhilasha - II, 6 Royd Street (2nd Floor) Kolkata 700016 Tel: 22273761, 9331992557, 9331430891. KOTA: 13-14,Main Jhalawar Road, Kota 324007 Tel: 0744-2390485/9314480984. MANGALORE: Ideal Towers 1st floor, Opp Sharavu Ganapathi Temple, G T road Mangalore -1 Mangalore 575001 Tel: 0824-6451392/93/rim -9342231594. MEERUT: HDFC Bank Ltd 1st Floor 381, Western Kutchery Rd Meerut U.P Meerut 250001 Tel: 0121-4028363/65, 09319058981. MUMBAI: Ground Floor, Maneckji Wadia Building,Nanik Motwani Marg,Near Kala Ghoda,opp Mumbai University,Fort Mumbai- 400 001 Tel: 02240801570 / 1528 / 1570 / 1560. Nasik: HDFC Bank Ltd,3rd Floor, Archit Centre, Opp Sandeep Hotel, Chandak Circle Link Road, Near Mahamarg Bus Stand, Nasik 422 002 Nasik 422002 Tel: 0253-6620251/252/95253-2578322/ 95253-2578322, . NAVSARI: Gr Flr, Nandani Complex, Station Road Navsari 396445 Tel: 02637-280901,9327568065. Delhi: Fig-Ops 1st Floor, Kailash Bldg New Delhi 110001 Tel: 011-43174071/011-43174072/011-43174073. PONDICHERRY: T.S.No.6, 100Ft Road, Ellaipillaichavady, Pondicherry 605005 Tel: 0413 - 2206575/9362845444 . RAIPUR: HDFC Bank Ltd, Chawla Towers, Near Bottle House, Shankar Nagar, Raipur, Chhattisgarh 492007 RAIPUR 492007 Tel: 0771-4003110/3112. RAJAHMUNDRY: 46-17-20, 1stFloor, Danavaipet, Rajahmundry Rajahmundry 533103 Tel: 0883-2428691 / 0883-2428826, RIM:9391132485. RANCHI: 56 Rohini Complex Circular Road Lalpur Ranchi 834001 Ranchi 834001 Tel: 6512560522. SALEM: HDFC Bank Ltd,5/241F Rathan Arcade,Five Roads, Meyyanur, Salem-636004 Tel: 0427-2331604. Shillong: Anders Mansion, Police Bazar,Shillong Shillong 793001 Tel: 3642506043. SHIMLA: shimla3, Jankidas Bldg,shimla shimla 171001 Tel: 0177-2658541/9319595554. SHIMOGA: HDFC Bank Ltd, W B O, No 447 ,Sharavathi Complex, Savarlane Road, Shimoga 577201 Tel: Land Line 08182-261359/9324014897. Solapur: HDFC Bank Ltd 8516/11 Murarji Peth,Sun Plaza Bldg,Lucky Chowk,Solapur - 413007 Tel: 02172320877 - 9325230208. SILIGURI: 136/115 Hill Cart road Siliguri 734401 Tel: 0353-2520409/9333744964 . SURENDRANAGAR: Middle Point, A Wing, Nr : Milan Cenama, Main Road, Surendranagar. 363002 Tel: Rim : 9328208807/02752-650105. Trivendrum: BOB Plaza, Second Floor, T. C. 12 / 149 ( 3), Pattom ,Trivandrum-695004 Trivandrum 695004 Tel: 0471-3083430/9388860244. TIRUPATI: HDFC Bank Ltd, 19-8-180,Krishna Arcade, Beside IBP Petrol pump, Near Annamaiah Circle TIRUPATI 517501 Tel: 9391132489/ 9347527320/ 8772220374. TIRUPUR: HDFC Bank Ltd,No-169,Chidambaram Complex,Kumaran Road,Tirupur - 641601 Tel: 0421-4342422. UDUPI: Panduranga Tower/ Diana Circle, Court Road, Udupi —5760101 Tel: 0820-4294936/9343789969. YES BANK LIMITED CHENNAI : Yes Bank Limited, Mr. Mahesh Rajagopal, Branch Manager, 143/1, Nungambakkam High Road, Chennai, Tamil Nadu – 600034, Tel: 044-28319000 / 8939988399 DHANLAXMI BANK AHMEDABAD: Dhanlaxmi Bank, 3, Motilal Chambers, Income Tax Circle, Near ‘Sales India’,Ashram Road ,143- Ahmedabad, Ahmedabad Dist, Gujarat-380 009, Tel: 64502690, 64502692, 64502694. BANGALORE: #11, 1st Cross, B. B. Naidu Road, Gandhinagar, 1st Cross, Bangalore-560009. HYDERABAD: Dhanlaxmi Bank : Ground Floor, Gulab Cyber Avenue, Opp: Tarakarama Theater, Ramkoti, Hyderabad – 19. Contact: Anup Sharma : 9160020396, T.Kiran Kumar : 9160020348. Tel: 040-64544549, 64547020. KOLKATA: Ideal Plaza, Ground Floor, 11/1, Sarat Bose Road, 154- Kolkata, West Bengal-700 020, Tel: 22815100. MUMBAI: The Dhanlaxmi Bank Ground Floor, Janmabhoomi Bhavan, Plot 11-12, Janmabhoomi Marg ,144- Fort, Mumbai, Maharashtra -400 001, Tel: 022- 22871658, 22022943, NELLORE: Dhanlaxmi Bank : 15/345, Brindavanam, Behind Vijaya Dairy, Nellore, Andhra Pradesh-524 001. Tel: 0861-6451630, 6451631, 6451637. NEW DELHI: Dhanlaxmi Bank, 16/15, W.e.a., J. S. Plaza, Arya Samaj Road, Karol Bagh, New Delhi-110 005, Tel: 64508887, 64507036, 64506070, 64509992, 64505419, 64508708. PUNE: The Dhanlaxmi Bank Ground & 1st Floor, Radiant Arcade, M.G. Road, (East Street), Pune.Bhavesh Nayak M : 9561063386. Tel: 6400105, 6400106. SURAT: 142, 3Rd Floor,The Surat, Vankar Sahakari Sangh Building, Opp. Reshamwala Market, Ring Road, 142- Surat, Surat Dist, Gujarat-395 003. THRISSUR: Dhanlaxmi Bank, Ground Floor, Dhanalakshmi Complex, 4- Pushpagiri ,Punkunnam, Thrissur ,Kerala-680 002, Tel: 0487-6453956, 6453957, 6454011. VADODRA: Shine Plaza, Opp.Pasabhai Park, Near Natubhai Circle, Race Course Road, Vadodara, Gujarat-390 007. Tel: 0265-6450362, 6450363, 6450364. ICICI BANK LIMITED AGRA: No. 6,8- 13,Ground Floor , Shanta Tower, Sanjay Place, Agra-282002, Tel: 0562-2855401 /2520703/2525650/2526772/2526790-AHMEDABAD: JMC House, Opp. Parimal Gardens,Opp Parimal Garden, Ambawadi, Ahmedabad-380 006-380006, Tel: (079) 66523717-719-AMRITSAR: ICICI Bank Ltd, 361, M.C International The Mall, Amritsar-143001, Punjab Tel: 0183-2211651 / 52;2213278/79;2226213/14/15-BELGAUM: Shree Krishna Towers, #14, Khanapur Road, RPD Cross, Tilakwadi, Belgaum-590006, Tel: 0831 -2404 203, 2404 204,2404 205-BHARUCH: Blue Chip Complex, Sevashram Road, Panchbatti,Bharuch-392001, Tel: 02642-252451/ 52 / 53-CHANDIGARH: SCO 9-10-11, SECTOR 9-D. CHANDIGARH-160017, Tel: (0172)-5070542-CHENNAI: 110, Prakash Presidium, Uthamar Gandhi Salai, (Nungambakkam High Road), Chennai-600034, Tel: 044-28228003,4,28220713,28222461,28222399,28256359-ERNAKULAM (COCHIN) : Emgee Square, M.G.Road, Ernakulam, Kochi. -682035 , Tel: 0484-4081222. DEHRADUN: ICICI Bank Ltd., NCR, Plaza,24, New Cantt Road, Hathibarkala, Dehradun, Uttaranchal-248001 Tel: 0135-2743664/0135-2743663-FARIDABAD: ICICI Bank Ltd., Booth No. 104-105, District Centre, Sector 16, Faridabad- 121007, Haryana Tel: 0129-4091401-437. GUNTUR: ICICI Bank Ltd., 5-82-2, PMG Complex, Lakshmipuram Main Road, Guntur-522002 (Andra Pradesh)-522002, Tel: 0863-2233653 / 2252500 / 2234391-GUWAHATI: Ground Floor, Shanti Complex, G S Road, Bhangagarh, Guwahati. Tel: 0361-2452748,2452743,2450943, 2457782-HISSAR: Plot No 57-60, Kamla Palace Road, Red Square Market, Hissar, Haryana-125001, Tel: 01662-229704 / 239877 / 239879 / 229705-HUBLI: Eureka Junction, Travellers Bungalow Road, Hubli-580029, Tel: 0836-4265212,4265216,4265223,4265240,4265229-HYDERABAD: 6-2-1012, TGV Mansions, Opp. Institution of Engineers, Khairatabad, Hyderabad-500004, Tel: 040-23301534-INDORE: ICICI Bank Ltd.,4, Chhoti Khajrani, Malav Parisar, A-B road, Indore, MP Pin 452 008 Tel: 0731-4241136,7,8, 9,-JAIPUR: C-99, Shreeji Towers, Subhash Marg, Near Ahimsa Circle, C Scheme, Jaipur-302001, Tel: 0141-5107444, 0141-2361992-JAMSHEDPUR: Natraj Mansion, Main Road, Bistupur, Jamshedpur-831001, Tel: 0657-2422509 / 10 / 2425907 / 12-JODHPUR: 637-B, Gr. Floor, Bhansali Complex, Residency Road, Jodhpur-342003, Tel: 0291-5107001-002-KOLHAPUR: Ground Floor, Vasant Plaza, Rajaram Road, Rajarampuri, Kolhapur-416001, Tel: 0231-2534292/3/4-KOLKATA: 22, R N Mukherjee Road, Kolkata-700001, Tel: 033-22428537 / 22100995-LUCKNOW: ICICI Bank Ltd, Shalimar Tower, 31/54 M.G. Marg, Hazratganj, Lucknow -226001 Tel: 0522-2214246 /2214247 / 2214254-MADURAI: 33, North Chitrai Street, Madurai-625001, Tel: 0452-2628027/2628072-MUMBAI (CAPITAL MARKET DIV.): 30,Mumbai Samachar Marg-400001, Tel: 022-22627600-MYSORE: 2950, Aishwarya Arcade, 9th Cross, Kalidasa Road, V.V. Mohalla, Mysore-570002, Tel: W W W W NDUS ND BANK L M TED THE HONGKONG AND SHANGHA BANK NG CORPORAT ON L M TED KOTAK MAH NDRA BANK L M TED W W W W W W W W SHRIRAM CITY UNION FINANCE LIMITED 3 IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS GENERAL INSTRUCTIONS Applicants are advised to read the Prospectus and the General Instructions contained in this application form carefully and to satisfy themselves of the disclosures before making an application for subscription. Unless otherwise specified, all the terms used in this form have the same meaning as in the Prospectus. For a copy of the Prospectus the applicant may request us and/or the Lead Managers. Further, investors are advised to retain the copy of the Prospectus/Abridged Prospectus for their future reference. Please fill in the Form in English using BLOCK letters. Investors should carefully choose the Option(s) they wish to apply for. Please refer to Terms of the Issue in the Prospectus for details. TERMS OF THE ISSUE The NCDs being offered as part of the Issue are subject to the provisions of the Debt Regulations, theAct, the Memorandum andArticles of Association of our Company, the terms of the Draft Prospectus, the Prospectus, the Application Forms, the terms and conditions of the DebentureTrustAgreement and the DebentureTrust Deed, other applicable statutory and/or regulatory requirements including those issued from time to time by SEBI/the Government of India/the Stock Exchange/s, RBI, and/or other statutory/regulatory authorities relating to the offer, issue and listing of securities and any other documents that may be executed in connection with the NCDs. 1. Ranking of NCDs: The NCDs would constitute direct and secured obligations of ours and shall rank pari passu inter se, and subject to any obligations under applicable statutory and/or regulatory requirements, shall also, with regard to the amount invested, be secured by way of first and exclusive charge on the identified immovable property and the specified future loan receivables of the company. The claims of the NCD holders shall be superior to the claims of any unsecured creditors, subject to applicable statutory and/or regulatory requirements. 2. Debenture Redemption Reserve: Section 117C of the Act states that any company that intends to issue debentures must create a DRR to which adequate amounts shall be credited out of the profits of the company until the redemption of the debentures. For further details please refer to the Prospectus. 3. Face Value : The face value of each NCD shall be ` 1,000. 4. NCD holder not a Shareholder : The NCD holders wil not be entitled to any of the rights and privileges available to the equity and/ or preference shareholders of our Company. 5. Rights of NCD holders: The final rights of the NCD holders wil be as per the terms of the Prospectus and the Debenture Trust Deed to be executed between our Company and the Debenture Trustee. For further details please refer to the Prospectus. 6. Minimum Subscription: If our Company does not receive the minimum subscription of 75 % of the Base Issue, i.e. ` 28,125 lakhs, on the date of closure of the Issue, the entire subscription shall be refunded to the applicants within 30 days from the date of closure of the Issue. If there is delay in the refund of subscription by more than 8 days after our Company becomes liable to refund the subscription amount, our Company wil pay interest for the delayed period, at rates prescribed under sub-sections (2) and (2A) of Section 73 of the Companies Act, 1956. 7. Market Lot & Trading Lot: Under Section 68B of the Act, the NCDs shall be allotted only in dematerialized form.As per the Debt Regulations, the trading of the NCDs shall be in dematerialised form only. Since trading of the NCDs is in dematerialised form, the tradable lot is one NCD. Allotment in the Issue wil be in electronic form in multiples of one NCD. For details of allotment refer to chapter titled “Issue Procedure” under section titled “Issue Related Information” beginning on page 142 of the Prospectus. 8. Nomination facility to NCD holder: In accordance with Section 109A of the Act, the sole NCD holder or first NCD holder, along with other joint NCD holders (being individual(s)) may nominate any one person (being an individual) who, in the event of death of the sole holder or all the joint-holders, as the case may be, shall become entitled to the NCD. A person, being a nominee, becoming entitled to the NCD by reason of the death of the NCD holder(s), shall be entitled to the same rights to which he would be entitled if he were the registered holder of the NCD. For further details please refer to the Prospectus. 9. Jurisdiction: Exclusive jurisdiction for the purpose of the Issue is with the competent courts of jurisdiction in Chennai, India. 10. Application in the Issue: NCDs being issued through the Prospectus can be applied for in the dematerialised form only through a valid Application Form fil ed in by the applicant along with attachment, as applicable. 11. Period of Subscription: The subscription list shall remain open for a period as indicated below, with an option for early closure or extension by such period, as may be decided by the duly authorised committee of Directors of our Company, subject to necessary approvals. In the event of such early closure of subscription list of the Issue, our Company shall ensure that notice of such early closure is given on the such early date of closure through advertisement/s in a leading national daily newspaper. ISSUE OPENS ON : AUGUST 11, 2011 CLOSING DATE: AUGUST 27, 2011 12. Restriction on transfer of NCDs: There are no restrictions on transfers and transmission of NCDs and on their consolidation/ splitting except as may be required under RBI requirements and as provided in our Articles of Association. Please refer to the section titled “Summary of the Key Provisions of the Articles of Association” beginning on page 189 of the Prospectus. ISSUE STRUCTURE Interest and Payment of Interest 13.Interest:IncaseofOptionINCDs,interestwouldbepaidannuallyatthefolowingratesofinterestinconnectionwiththerelevantcategoriesof NCDholders,ontheamountoutstandingfromtimetotime,commencingfromtheDeemedDateofAllotment of each Option I NCD: Category of NCD Holder Rate of Interest per annum (%) Category I and Category II 11.60 Reserved Individual Portion 12.10 Unreserved Individual Portion 11.85 Option I NCDs shall be redeemed at the Face Value thereof along with the interest accrued thereon, if any, at the end of 60 months from the deemed date of allotment, or on the date of early redemption in case of the exercise of any put/call option. In case of Option II NCDs, interest would be paid annually at the following rates of interest in connection with the relevant categories of NCD holders, on the amount outstanding from time to time, commencing from the Deemed Date of Allotment of each Option II NCD: Category of NCD Holder Rate of Interest per annum (%) Category I and Category II 11.50 Reserved Individual Portion 11.85 Unreserved Individual Portion 11.60 Option II NCDs shall be redeemed at the Face Value thereof along with the interest accrued thereon, if any, at the end of 36 months from the deemed date of allotment. If the date of interest payment falls on a Saturday, Sunday or a public holiday in Mumbai or any other payment centre notified in terms of the Negotiable Instruments Act, 1881, then interest would be paid on the next working day. Payment of interest would be subject to the deduction as prescribed in the I.T.Act or any statutory modification or re-enactment thereof for the time being in force. Please note that in case the NCDs are transferred and/or transmitted in accordance with the provisions of the Prospectus read with the provisions of the Articles of Association of our Company, the transferee of such NCDs or the deceased holder of NCDs, as the case may be, shall be entitled to any interest which may have accrued on the NCDs. As per clause (ix) of Section 193 of the I.T. Act, no tax is required to be withheld on any interest payable on any security issued by a company, where such security is in dematerialized form and is listed on a recognized stock exchange in India in accordance with the Securities Contracts (Regulation) Act, 1956 (42 of 1956) and the rules made thereunder. Accordingly, no tax wil be deducted at source from the interest on listed NCDs held in the dematerialised form. However in case of NCDs held in physical form, as per the current provisions of the ITAct, tax wil not be deducted at source from interest payable on such NCDs held by the investor (in case of resident individual NCD holders), if such interest does not exceed ` 2,500 in any financial year. If interest exceeds the prescribed limit of ` 2,500 on account of interest on the NCDs, then the tax wil be deducted at applicable rate. However in case of NCD holders claiming non-deduction or lower deduction of tax at source, as the case may be, the NCD holder should furnish either (a) a declaration (in duplicate) in the prescribed form i.e. (i) Form 15H which can be given by individuals who are of the age of 60 years or more (ii) Form 15G which can be given by all applicants (other than companies, and firms ), or (b) a certificate, from the Assessing Officer which can be obtained by all applicants (including companies and firms) by making an application in the prescribed form i.e. Form No.13. The aforesaid documents, as may be applicable, should be submitted to our Company quoting the name of the sole/ first NCD holder, NCD folio number and the distinctive number(s) of the NCD held, prior to the record date to ensure non-deduction/lower deduction of tax at source from interest on the NCD. The investors need to submit Form 15H/ 15G/certificate in original fromAssessing Officer for each financial year during the currency of the NCD to ensure non-deduction or lower deduction of tax at source from interest on the NCD. 14. Payment of Interest Annual Payment of Interest : For NCDs subscribed under Option I and Option II, the relevant interest wil be paid on the first day ofApril every year for the amount outstanding. The first interest payment wil be made onApril 1, 2012 for the period commencing from the Deemed Date of Allotment til March 31, 2012. The last interest payment wil be made at the time of redemption of the NCD on a pro rata basis. 15. Payment of Interest to NCD Holders: Payment of Interest wil be made to those NCD holders whose names appear in the register of NCD holders (or to first holder in case of joint-holders) as on record date. We may enter into an arrangement with one or more banks in one or more cities for direct credit of interest to the account of the investors. In such cases, interest, on the interest payment date, would be directly credited to the account of those investors who have given their bank mandate. We may offer the facility of NECS, NEFT, RTGS, Direct Credit and any other method permitted by RBI and SEBI from time to time to help NCD holders. For further details please refer to the Prospectus. 16. Maturity and Redemption: The NCDs issued pursuant to the Prospectus have a fixed maturity date. The date of maturity for NCDs subscribed under Option I and Option II is 60 months and 36 months, respectively, from the Deemed Date of Allotment. The redemption of NCDs is subject to the exercise of any put / call option with respect to Option I NCDs which can be exercised by any NCD holder/ Company. Options If put / call option is exercised of Allotment At the end of maturity period of Allotment I 48 months from the Deemed date of Allotment 60 months from the Deemed Date of Allotment II Not Applicable 36 months from the Deemed Date of Allotment 4 SHRIRAM CITY UNION FINANCE LIMITED 17. Deemed Date of Allotment : Deemed date of allotment shall be the date of issue of the Allotment Advice / regret. 18. Application Size : Each application should be for a minimum of 10 NCDs and multiples of 1 NCD thereof. The minimum application size for each application for NCDs would be ` 10,000/- (for all options of NCDs namely, Option I and Option II NCDs either taken individually or collectively) and in multiples of ` 1,000/- thereafter. Applicants can apply for any or all options of NCDs offered hereunder (any/all options) using the same Application Form. Applicants are advised to ensure that applications made by them do not exceed the investment limits or maximum number of NCDs that can be held by them under applicable statutory and or regulatory provisions. 19. Terms of Payment: The entire issue price of ` 1,000 per NCD is payable on application itself. In case of allotment of lesser number of NCDs than the number of NCDs applied for, our Company shall refund the excess amount paid on application to the applicant in accordance with the terms of the Prospectus. For further details please refer to the paragraph on “Interest onApplication Money” beginning on page 155 of the Prospectus. 20. Record Date: The record date for payment of interest in connection with the NCDs or repayment of principal in connection therewith shall be 15 (fifteen) days prior to the date on which interest is due and payable, or the date of redemption or early redemption or as prescribed by the relevant stock exchange(s). 21. Manner of Payment of Interest / Refund / Redemption: The manner of payment of interest / refund / redemption in connection with the NCDs is set out below: For NCDs applied / held in electronic form: The bank details wil be obtained from the Depositories for payment of Interest / refund / redemption as the case may be. Applicants who have applied for or are holding the NCDs in electronic form, are advised to immediately update their bank account details as appearing on the records of the depository participant. Please note that failure to do so could result in delays in credit of refunds to the applicant at the applicant’s sole risk, and the Lead Managers, the Co-Lead Manager, our Company nor the Registrar to the Issue shall have any responsibility and undertake any liability for the same. For NCDs held in physical form: The bank details wil be obtained from the Registrar to the Issue for payment of interest / refund / redemption as the case may be. For further details please refer to the Prospectus. 22. Printing of Bank Particulars on Interest Warrants : As a matter of precaution against possible fraudulent encashment of refund orders and interest/redemption warrants due to loss or misplacement, the particulars of the applicant’s bank account are mandatorily required to be given for printing on the orders/ warrants. In relation to NCDs applied and held in dematerialized form, these particulars would be taken directly from the depositories. In case of NCDs held in physical form either on account of rematerialisation or transfer, the investors are advised to submit their bank account details with our Company / Registrar at least 7 (seven) days prior to the record date failing which the orders / warrants wil be dispatched to the postal address of the holder of the NCD as available in the records of our Company. Bank account particulars wil be printed on the orders/ warrants which can then be deposited only in the account specified. 23. Loan against NCDs : Please refer to the Prospectus. 24. Buy Back of NCDs: Please refer to the Prospectus. 25. Form and Denomination : In case of NCDs held in physical form, a single certificate wil be issued to the NCD holder for the aggregate amount (“Consolidated Certificate”) for each type of NCDs. The applicant can also request for the issue of NCD certificates in denomination of one NCD (“Market Lot”). In respect of Consolidated Certificates, we wil , only upon receipt of a request from the NCD holder, split such Consolidated Certificates into smaller denominations subject to the minimum of Market Lot. No fees would be charged for splitting of NCD certificates in Market Lots, but stamp duty payable, if any, would be borne by the NCD holder. The request for splitting should be accompanied by the original NCD certificate which would then be treated as cancelled by us. 26. Procedure for Redemption by NCD holders : Subject to the exercise of the put option by the NCD holder / call option by our Company, the procedure for redemption is set out below: NCDs held in physical form: No action would ordinarily be required on the part of the NCD holder at the time of redemption and the redemption proceeds would be paid to those NCD holders whose names stand in the register of NCD holders maintained by us on the record date fixed for the purpose of Redemption. NCDs held in electronic form: No action is required on the part of NCD holder(s) at the time of redemption of NCDs. For further details please refer to the Prospectus. 27. Payment on Redemption : The manner of payment of redemption is set out below: NCDs held in physical form: The payment on redemption of the NCDs wil be made by way of cheque/pay order/ electronic modes. However, if our Company so requires, the aforementioned payment would only be made on the surrender of NCD certificate(s), duly discharged by the sole holder / all the joint-holders (signed on the reverse of the NCD certificate(s)). Despatch of cheques/pay order, etc. in respect of such payment wil be made on the Redemption Date or (if so requested by our Company in this regard) within a period of 30 days from the date of receipt of the duly discharged NCD certificate.In case we decide to do so, the redemption proceeds in the manner stated above would be paid on the Redemption Date to those NCD holders whose names stand in the register of NCD holders maintained by us on the record date fixed for the purpose of Redemption. Hence the transferees, if any, should ensure lodgement of the transfer documents with us at least 7 (seven) days prior to the record date. In case the transfer documents are not lodged with us at least 7 (seven) days prior to the record date and we dispatch the redemption proceeds to the transferor, claims in respect of the redemption proceeds should be settled amongst the parties inter se and no claim or action shall lie against us or the Registrars. Our liability to holder(s) towards his/their rights including for payment or otherwise shall stand extinguished from the date of early redemption (in case of an exercise of the put/call option)/ redemption in all events and when we dispatch the redemption amounts to the NCD holder(s). Further, we wil not be liable to pay any interest, income or compensation of any kind from the date of redemption of the NCD(s). NCDs held in electronic form: On the redemption date, or the date of early redemption (in case of an exercise of the put/call option), redemption proceeds would be paid by cheque /pay order / electronic mode to those NCD holders whose names appear on the list of beneficial owners given by the Depositories to us. These names would be as per the Depositories’ records on the record date fixed for the purpose of redemption. These NCDs wil be simultaneously extinguished to the extent of the amount redeemed through appropriate debit corporate action upon redemption of the corresponding value of the NCDs. It may be noted that in the entire process mentioned above, no action is required on the part of NCD holders. Our liability to NCD holder(s) towards his/their rights including for payment or otherwise shall stand extinguished from the date of early redemption (in case of an exercise of the put/call option)/ redemption in all events and when we dispatch the redemption amounts to the NCD holder(s). Further, we wil not be liable to pay any interest, income or compensation of any kind from the date of redemption of the NCD(s). 28. Redemption Date: Option I NCDs wil be redeemed at the expiry of 60 months from the Deemed Date of Allotment, subject to the exercise of any put option by the Option I NCD holders / call option by our Company, as the case may be. Option II NCDs wil be redeemed at the expiry of 36 months from the Deemed Date of Allotment. 29. Put / Call Option: With respect to Option I NCDs, the holders thereof shall at the expiry of 48 months, from the Deemed Date of Allotment, have the right to seek redemption of such Option I NCDs held by them, (“Put Option”). A NCD holder of Option I NCDs, may at his discretion, redeem any number of Option I NCDs held by him, while exercising such Put Option. With respect to Option I NCDs, our Company shall at the expiry of 48 months have the right to redeem such outstanding Option I NCDs, (“Call Option”). The holders of Option II NCDs shall not be entitled to exercise any Put Option in connection with such Option II NCDs held by them. Our Company shall not be entitled to exercise any Call Option in connection with any Option II NCDs. 30. Procedure for Exercise of Put Option: At the expiry of 48 months with respect to Option I NCDs from the Deemed Date of Allotment, (“Early Redemption (Put) Date”), a holder of Option I NCDs has the right to exercise his Put Option with respect to the Option I NCDs held by him within 30 days from the Early Redemption (Put) Date (“Early Redemption (Put) Period”). During the Early Redemption (Put) Period, an Option I NCD holder seeking to exercise his Put Option can approach our Company in writing of his intention to redeem any or all of the Option I NCDs held by him. The Option I NCDs with respect to which an NCD holder exercises his Put Option wil be redeemed within 30 (thirty) days from the expiry of the Early Redemption (Put) period. 31. Procedure for Exercise of Call Option: At the expiry of 48 months with respect to Option I NCDs from the Deemed Date of Allotment, (“Early Redemption (Call) Date”), our Company has the right to exercise its Call Option with respect to Option I NCDs within 30 days from the Early Redemption (Call) Date (“Early Redemption (Call) Period”). During the Early Redemption (Call) Period, our Company can send a notice in writing to the holder of any Option I NCDs, (as on record on the Early Redemption (Call) Date), calling for redemption of all Option I NCDs that are outstanding. The Call can be exercised for all outstanding Option I NCDs. The Option I NCDs with respect to which our Company exercises its Call Option wil be redeemed within 30 (thirty) days from the expiry of the Early Redemption (Call) Period. 32. Method for calculation for Early Redemption: On exercise of the Put Option by the holders of Option I NCDs and/or the Call Option by our Company, in connection with Option I NCDs, as the case may be, the NCDs wil be redeemed at their respective face value along with interest accrued thereon, if any. 33.Right to Reissue NCD(s) : Subject to the provisions of the Act, where we have fully redeemed or repurchased any NCD(s), we shall have and shall be deemed always to have had the right to keep such NCDs in effect without extinguishment thereof, for the purpose of resale or reissue and in exercising such right, we shall have and be deemed always to have had the power to resell or reissue such NCDs either by reselling or reissuing the same NCDs or by issuing other NCDs in their place. The aforementioned right includes the right to reissue original NCDs. 34. Transfer/Transmission of NCD (s): The NCDs shall be transferred or transmitted freely in accordance with the applicable provisions of the Act. For further details please refer to the Prospectus. 35. For NCDs held in electronic form: The normal procedure followed for transfer of securities held in dematerialised form shall be followed for transfer of the NCDs held in electronic form. The seller should give delivery instructions containing details of the buyer’s DP account to his depository participant. In case the transferee does not have a DP account, the seller can re-materialise the NCDs and thereby convert his dematerialised holding into physical holding. Thereafter the NCDs can be transferred in the manner as stated above. In case the buyer of the NCDs in physical form wants to hold the NCDs in dematerialised form, he can choose to dematerialise the securities through his DP. 36.Joint-holders : Where two or more persons are holders of any NCD(s), they shall be deemed to hold the same as joint holders with benefits of survivorship subject to other provisions contained in the Articles. 37. Sharing of Information : Please refer to the Prospectus. 38. Notices : All notices to the NCD holder(s) required to be given by us or the Debenture Trustee wil be sent by post/ courier or through email or other electronic media to the Registered Holders of the NCD(s) from time to time. 39. Issue of Duplicate NCD Certificate(s) :Please refer to the Prospectus. 40. Security: The principal amount of the NCDs to be issued in terms of the Prospectus together with all interest due on the NCDs, as well as all costs, charges, all fees, remuneration of Debenture Trustee and expenses payable in respect thereof shall be secured by way of first and exclusive charge in favour of the Debenture Trustee on an identified immovable property and specified future receivables of our Company as may be decided mutually by our Company and the Debenture Trustee. Our Company wil create appropriate security in favour of the Debenture Trustee for the NCD holders on the assets adequate to ensure 100% asset cover for the NCDs, which shall be free from any encumbrances. For further details please refer to the Prospectus. 41. Trustees for the NCD holders : We have appointed IDBI Trusteeship Services Limited to act as the Debenture Trustees for the NCD holders. We and the Debenture Trustee wil execute a Debenture Trust Deed, inter alia, specifying the powers, authorities and obligations of the Debenture Trustee and us. For further details please refer to the Prospectus. 42. Future Borrowings : Please refer to the Prospectus. 43. Interest on Application Money : Interest on application monies received which are used towards allotment of NCDs. :Our Company shall pay interest on application money on the amount allotted, subject to deduction of income tax under the provisions of the Income TaxAct, 1961, as amended, as applicable, to any applicants to whom NCDs are allotted pursuant to the Issue from the date of realization of the cheque(s)/demand draft(s) or 3 (three) days from the date of receipt of the application (being the date of presentation of each application as acknowledged by the Bankers to the Issue) whichever is later upto one day prior to the Deemed Date of Allotment, at the rate of 7.00% per annum. For further details, please refer to the Prospectus. Interest on application monies received which are liable to be refunded :Our Company shall pay interest on application money which is liable to be refunded to the applicants in accordance with the provisions of the Debt Regulations and/or the Companies Act, or other applicable statutory and/or regulatory requirements, subject to deduction of income tax under the provisions of the Income Tax Act, 1961, as amended, as applicable, from the date of realization of the cheque(s)/demand draft(s) or 3 (three) days from the date of receipt of the application (being the date of presentation of each application as acknowledged by the Bankers to the Issue) whichever is later upto one day prior to the Deemed Date of Allotment, at the rate of 2.50% per annum. For further details, please refer to the Prospectus. ISSUE PROCEDURE 44. How to Apply?: i. Availability of Prospectus and Application Forms: The abridged Prospectus containing the salient features of the Prospectus together withApplication Forms and copies of the Prospectus may be obtained from our Registered Office, Lead Manager(s) to the Issue, the Co-Lead Manager to the Issue, the Registrar to the Issue and at branches/collection centres of the Bankers to the Issue, as mentioned on theApplication Form. In addition,Application Forms would also be made available to the stock exchanges where listing of the NCDs are sought and to brokers, on their request. We may provide Application Forms for being fil ed and downloaded at such websites as we may deem fit. ii. Who can Apply : The following categories of persons are eligible to apply in the Issue: Category I: l Public Financial Institutions, Statutory Corporations, Commercial Banks, Co-operative Banks and Regional Rural Banks, which are authorised to invest in the NCDs; l Provident Funds, Pension Funds, Superannuation Funds and Gratuity Funds, which are authorised to invest in the NCDs l Venture Capital funds registered with SEBI; l Insurance Companies registered with the IRDA l National Investment Fund; and l Mutual Funds. Category II : l Companies, Bodies Corporate and Societies registered under the applicable laws in India and authorised to invest in NCDs; l Public/Private Charitable/Religious Trusts which are authorised to invest in the NCDs; l Scientific and/or Industrial Research Organisations, which are authorised to invest in the NCDs; l Partnership Firms in the name of the partner; and l Limited liability partnerships formed and registered under the provisions of the Limited Liability PartnershipAct, 2008 (No. 6 of 2009) Category III*: Resident Indian individuals; and Hindu Undivided Families through the Karta. * With respect to applications received from Category III applicants, applications by applicants who apply for NCDs aggregating to a value not more than ` 5 Lakhs, across all series of NCDs, (Option I and/or Option II), shall be grouped together, (“Reserved Individual Portion”) while applications by applicants who apply for NCDs aggregating to a value exceeding ` 5 Lakhs, across all series of NCDs, (Option I and/or Option II), shall be separately grouped together, (“Unreserved Individual Portion”). Note: Participation of any of the aforementioned categories of persons or entities is subject to the applicable statutory and/or regulatory requirements in connection with the subscription to Indian securities by such categories of persons or entities. Applicants are advised to ensure that applications made by them do not exceed the investment limits or maximum number of NCDs that can be held by them under applicable statutory and or regulatory provisions. Applicants are advised to ensure that they have obtained the necessary statutory and/or regulatory permissions/consents/approvals in connection with applying for, subscribing to, or seeking allotment of NCDs pursuant to the Issue. The Lead Managers, the Co-Lead Manager and their respective associates and affiliates are permitted to subscribe in the Issue. The information below is given for the benefit of the investors. Our Company, the Lead Managers and/or the Co-Lead Manager are not liable for any amendment or modification or changes in applicable laws or regulations, which may occur after the date of the Prospectus. Investors are advised to ensure that the aggregate number of NCDs applied for does not exceed the investment limits or maximum number of NCDs that can be held by them under applicable law. Grouping of Applications and Allocation Ratio : For the purposes of the basis of allotment: i)Applications received from Category I applicants:Applications received from Category I, shall be grouped together, (“Institutional Portion”); ii) Applications received from Category II applicants:Applications received from Category II, shall be grouped together, (“Non-Institutional Portion”); iii) Applications received from Category III applicants: Further with respect to applications received from Category III applicants, applications by applicants who apply for NCDs aggregating to a value not more than ` 5 Lakhs, across all series of NCDs (Option I and/or Option II), shall be grouped together, (“Reserved Individual Portion”) while applications by applicants who apply for NCDs aggregating to a value exceeding ` 5 Lakhs (Option I and/or Option II,), shall be separately grouped together, (“Unreserved Individual Portion”). For further details please refer to “Additional Applications” beginning on page 163 of the Prospectus. For removal of doubt, “Institutional Portion”, Non-Institutional Portion” “Reserved Individual Portion” and “Unreserved Individual Portion” are individually referred to as “Portion” and collectively referred to as “Portions” 46.Applications by Mutual Funds : No mutual fund scheme shall invest more than 15% of its NAV in debt instruments issued by a single Company which are rated not below investment grade by a credit rating agency authorised to carry out such activity. Such investment limit may be extended to 20% of the NAV of the scheme with the prior approval of the Board of Trustees and the Board ofAsset Management Company. A separate application can be made in respect of each scheme of an Indian mutual fund registered with SEBI and such applications shall not be treated as multiple applications.Applications made by theAMCs or custodians of a Mutual Fund shall clearly indicate the name of the concerned scheme for which application is being made. In case ofApplications made by Mutual Fund registered with SEBI, a certified copy of their SEBI registration certificate must be submitted with theApplication Form.The applications must be also accompanied by certified true copies of (i) SEBI Registration Certificate and trust deed (ii) resolution authorising investment and containing operating instructions and (ii ) specimen signatures of authorized signatories. Failing this, our Company reserves the right to accept or reject any Application in whole or in part, in either case, without assigning any reason therefor. 47.Application by Scheduled Banks, Co-operative Banks and Regional Rural Banks: Scheduled Banks, Co-operative banks and Regional Rural Banks can apply in this public issue based upon their own investment limits and approvals. The application must be accompanied by certified true copies of (i) Board Resolution authorising investments; (ii) Letter ofAuthorisation. Failing this, our Company reserves the right to accept or reject anyApplication in whole or in part, in either case, without assigning any reason therefor. 48. Application by Insurance Companies:In case of Applications made by insurance companies registered with the Insurance Regulatory and Development Authority, a certified copy of certificate of registration issued by Insurance Regulatory and Development Authority must be lodged along withApplication Form. The applications must be accompanied by certified copies of (i) Memorandum and Articles of Association (ii) Power of Attorney (ii ) Resolution authorising investment and containing operating instructions (iv) Specimen signatures of authorized signatories. Failing this, our Company reserves the right to accept or reject any Application in whole or in part, in either case, without assigning any reason therefor. 49. Applications by Trusts: In case of Applications made by trusts, settled under the Indian Trusts Act, 1882, as amended, or any other statutory and/or regulatory provision governing the settlement of trusts in India, must submit a (i) certified copy of the registered instrument for creation of such trust, (ii) Power ofAttorney, if any, in favour of one or more trustees thereof, (ii ) such other documents evidencing registration thereof under applicable statutory/regulatory requirements. Further, any trusts applying for NCDs pursuant to the Issue must ensure that (a) they are authorised under applicable statutory/regulatory requirements and their constitution instrument to hold and invest in debentures, (b) they have obtained all necessary approvals, consents or other authorisations, which may be required under applicable statutory and/or regulatory requirements to invest in debentures, and (c) applications made by them do not exceed the investment limits or maximum number of NCDs that can be held by them under applicable statutory and or regulatory provisions. Failing this, our Company reserves the right to accept or reject anyApplications in whole or in part, in either case, without assigning any reason therefor. 50. Applications cannot be made by: a) Minors without a guardian name; b) Foreign nationals; c) Persons resident outside India; d) Foreign Institutional Investors; e) Non Resident Indians; and f) Overseas Corporate Bodies. 51. Escrow Mechanism :We shall open Escrow Accounts with one or more Escrow Collection Bank(s) in whose favour the applicants shall make out the cheque or demand draft in respect of their application. Cheques or demand drafts for the application amount received from applicants would be deposited in the respective Escrow Account. For further details, please refer to the Prospectus. 52. Filing of the Prospectus with ROC : A copy of the Prospectus shall be filed with the Registrar of Companies, Chennai, Tamil Nadu, in terms of section 56 and section 60 of the Act. 53. Pre-Issue Advertisement: Please refer to the Prospectus. GENERAL INSTRUCTIONS 54. Do’s: Check if you are eligible to apply; Read all the instructions carefully and complete theApplication Form; Ensure that the details about Depository Participant and Beneficiary Account are correct as allotment of NCDs wil be in the dematerialized form only; Ensure that you mention your PAN allotted under the IT Act Ensure that the Demographic Details (as defined herein below) are updated, true and correct in all respects. Ensure that you have obtained all necessary approvals from the relevant statutory and/or ● ● ● ● ● ● ● ● IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS regulatory authorities to apply for, subscribe to and/or seek allotment of NCDs pursuant to the Issue. Don’ts: Do not apply for lower than the minimum application size; Do not pay the application amount in cash; Do not fil up the Application Form such that the NCDs applied for exceeds the issue size and/or investment limit or maximum number of NCDs that can be held under the applicable laws or regulations or maximum amount permissible under the applicable regulations; Do not submit application accompanied with Stockinvest. INSTRUCTIONS FOR COMPLETING THE APPLICATION FORM: 55. Submission of Application Form: Applications to be made in prescribed form only The forms to be completed in block letters in English Applications should be in single or joint names and should be applied by Karta in case of HUF Thumb impressions and signatures other than in English/Hindi/Gujarati/Marathi or any other languages specified in the 8th Schedule of the Constitution needs to be attested by a Magistrate or Notary Public or a Special Executive Magistrate under his/her seal. All Application Forms duly completed together with cheque/bank draft for the amount payable on application must be delivered before the closing of the subscription list to any of the Bankers to the Public Issue or collection centre(s)/ agent(s) as may be specified before the closure of the Issue. Applicants at centres not covered by the branches of collecting banks can send their forms together with a cheque/draft drawn on/ payable at a local bank in Chennai to the Registrar to the Issue by registered post. No receipt wil be issued for the application money. However, Bankers to the Issue and/or their branches receiving the applications wil acknowledge the same. Every applicant should hold valid Permanent Account Number (PAN) and mention the same in the Application Form. All applicants are required to tick the relevant column of “Category of Investor” in theApplication Form. ALLAPPLICATIONS BY CATEGORY I APPLICANTS SHALL BE RECEIVED ONLY BY THE LEAD MANAGERS, THE CO-LEAD MANAGER AND THEIR RESPECTIVE AFFILIATES. All applicants should apply for one or more type of NCDs and/or one or more option of NCDs in a single Application Form only. Our Company would allot Option I NCDs to all valid applications, wherein the applicants have not indicated their choice of NCDs. 56. Applicant’s Bank Account Details: It is mandatory for all the applicants to have their NCDs allotted in dematerialised form. The Registrars to the Issue wil obtain the applicant’s bank account details from the Depository. The applicant should note that on the basis of the name of the applicant, Depository Participant’s (DP) name, Depository Participants identification number and beneficiary account number provided by them in the Application Form, the Registrar to the Issue wil obtain from the applicant’s DP account, the applicant’s bank account details. The investors are advised to ensure that bank account details are updated in their respective DPA/ cs as these bank account details would be printed on the refund order(s), if any. Please note that failure to do so could result in delays in credit of refunds to applicants at the applicant’s sole risk and neither the Lead Managers, the Co-Lead Manager, our Company, the Refund Banker, nor the Registrar to the Issue shall have any responsibility and undertake any liability for the same. 57. Applicant’s Depository Account Details: IT IS MANDATORY FOR ALL THE APPLICANTS TO HAVE THEIR NCDs IN DEMATERIALISED FORM. ALL APPLICANTS SHOULD MENTION THEIR DEPOSITORY PARTICIPANT’S NAME, DEPOSITORY PARTICIPANT IDENTIFICATION NUMBERAND BENEFICIARY ACCOUNT NUMBER IN THE APPLICATION FORM. INVESTORS MUST ENSURE THAT THE NAME GIVEN IN THE APPLICATION FORM IS EXACTLY THE SAME AS THE NAME IN WHICH THE DEPOSITORY ACCOUNT IS HELD. IN CASE THE APPLICATION FORM IS SUBMITTED IN JOINT NAMES, IT SHOULD BE ENSURED THAT THE DEPOSITORY ACCOUNT IS ALSO HELD IN THE SAME JOINT NAMES AND ARE IN THE SAME SEQUENCE IN WHICH THEYAPPEAR IN THE APPLICATION FORM. Applicant should note that on the basis of name of the applicant, Depository Participant’s name, Depository Participant-Identification number and Beneficiary Account Number provided by them in the Application Form, the Registrar to the Issue wil obtain from the Depository, demographic details of the investor such as address, bank account details for printing on refund orders and occupation (“Demographic Details”). Hence, applicants should carefully fil in their Depository Account details in the Application Form. These Demographic Details would be used for all correspondence with the applicants including mailing of the refund orders/ Allotment Advice and printing of bank particulars on the refund/interest order and the Demographic Details given by applicant in theApplication Form would not be used for these purposes by the Registrar. Hence, applicants are advised to update their Demographic Details as provided to their Depository Participants and ensure that they are true and correct. By signing theApplication Form, the applicant would have deemed to have authorised the depositories to provide, upon request, to the Registrar to the Issue, the required Demographic Details as available on its records. Refund Orders/Allotment Advice would be mailed at the address of the applicant as per the Demographic Details received from the Depositories. Applicant may note that delivery of Refund Orders/AllotmentAdvice may get delayed if the same once sent to the address obtained from the Depositories are returned undelivered. In such an event, the address and other details given by the applicant in theApplication Form would be used only to ensure dispatch of refund orders. Please note that any such delay shall be at the applicant’s sole risk and neither we nor the Lead Managers, the Co-Lead Manager nor the Registrars shall be liable to compensate the applicant for any losses caused to the applicant duetoanysuchdelayorliabletopayanyinterestforsuchdelay.Howeverincaseofapplicationsmadeunderpowerofattorney,ourCompany in its absolute discretion, reserves the right to permit the holder of Power of Attorney to request the Registrar that for the purpose of printing particulars on the refund order and mailing of Refund Orders /AllotmentAdvice, the demographic details obtained from the Depository of the applicant shall be used. In case no corresponding record is available with the Depositories that matches all three parameters, namely,names of the applicants (including the order of names of joint holders), the Depository Participant’s identity (DPID) and the beneficiary’s identity, then such applications are liable to be rejected. 58. Applications under Power of Attorney by limited companies, corporate bodies, registered societies etc.: In case of Applications made pursuant to a power of attorney or by limited companies, corporate bodies, registered societies etc, a certified copy of the power of attorney or the relevant resolution or authority, as the case may be, along with a certified copy of the Memorandum of Association and Articles of Association and/or bye laws must be lodged along with the Application Form, failing this, our Company reserves the right to accept or reject any Application in whole or in part, in either case, without assigning any reason therefor. 59. Permanent Account Number; The applicant or in the case of applications made in joint names, each of the applicant, should mention his or her Permanent Account Number (PAN) allotted under the IT Act. In accordance with Circular No. MRD/DOP/Cir-05/ 2007 dated April 27, 2007 issued by SEBI, the PAN would be the sole identification number for the participants transacting in the securities market, irrespective of the amount of transaction. Any Application Form, without the PAN is liable to be rejected, irrespective of the amount of transaction. It is to be specifically noted that the applicants should not submit the GIR number instead of the PAN as the Application is liable to be rejected on this ground. 60. Terms of Payment: The entire issue price for the NCDs is payable on application only. In case of allotment of lesser number of NCDs than the number applied, our Company shall refund the excess amount paid on application to the applicant. 61. Payment Instructions for Applicants : In pursuance of Debt Regulations, we shall open Escrow Account with the Escrow Collection Banks(s) for the collection of the application amount payable upon submission of the Application Form. Payment may be made by way of cheque/bank draft drawn on any bank, including a co-operative bank which is situated at and is member or sub● ● ● ● ● ● ● ● ● ● ● ● ● ● ● LEAD MANAGERS member of the Bankers’ clearing-house located at the place where the Application Form is submitted, i.e. at designated collection centres. Outstation cheques /bank drafts drawn on banks not participating in the clearing process wil not be accepted and applications accompanied by such cheques or bank drafts are liable to be rejected. Payment though stockinvest would also not be allowed as the same has been discontinued by the RBI vide notification No. DBOD.NO.FSC.BC. 42/24.47.001/2003-04 dated November 5, 2003. Cash/Stockinvest/Money Orders/Postal Orders wil not be accepted. In case payment is effected in contravention of conditions mentioned herein, the application is liable to be rejected and application money wil be refunded and no interest wil be paid thereon. A separate cheque / bank draft must accompany each Application Form. AllApplication Forms received with outstation cheques, post datedcheques,cheques/bankdraftsdrawnonbanksnotparticipatingintheclearingprocess,Moneyorders/postalorders,cash,stockinvest shall be rejected and the collecting bank shall not be responsible for such rejections. All cheques / bank drafts accompanying the application should be crossed “A/c Payee only” and (a) all cheques / bank drafts accompanying the applications made by eligible applicants must be made payable to “Escrow Account SCUF NCD Public Issue”. The Escrow Collection Bank(s) shall transfer the funds from the Escrow Account, as per the terms of the EscrowAgreement, into a public issue account after the creation of security as disclosed in the Prospectus. Only Category I applicants have an option to make payments on applications through RTGS. 62. Submission of Completed Application Forms: All applications duly completed and accompanied by account payee cheques / drafts shall be submitted at the branches of the Bankers to the Issue (listed in the Application Form) or our Collection Centre(s)/ agent(s) as may be specified by us before the closure of the Issue. Our collection centre/ agent however, wil not accept payments made in cash. However, Application Forms duly completed together with cheque/bank draft drawn on/payable at a local bank in Chennai for the amount payable on application may also be sent by Registered Post to the Registrar to the Issue, so as to reach the Registrar prior to closure of the Issue.Applicants at centres not covered by the branches of collecting banks can send theirApplication Forms together with cheque / draft drawn on / payable at a local bank in Chennai to the Registrar to the Issue by registered post. No separate receipts shall be issued for the application money. However, Bankers to the Issue at their designated branches/our Collection Centre(s)/ agent(s) receiving the duly completed Application Forms wil acknowledge the receipt of the applications by stamping and returning the acknowledgment slip to the applicant. Applications shall be deemed to have been received by us only when submitted to Bankers to the Issue at their designated branches or at our Collection Centre/ agent or on receipt by the Registrar as detailed above and not otherwise. All applications by persons or entities belonging to Category I should be made in the form prescribed for Category I applicants and shall be received only by the Lead Managers, the Co-Lead Manager and their respective affiliates. 63. On-line Applications: Please refer to the Prospectus. OTHER INSTRUCTIONS 64. Joint Applications: Applications may be made in single or joint names (not exceeding three). In the case of joint applications, all payments wil be made out in favour of the first applicant. All communications wil be addressed to the first named applicant whose name appears in the Application Form and at the address mentioned therein. 65. Additional Applications: An applicant is allowed to make one or more applications for the NCDs for the same or other series of NCDs, subject to a minimum application size of ` 10,000/- and in multiples of ` 1,000/- thereafter, for each application.Any application for an amount below the aforesaid minimum application size wil be deemed as an invalid application and shall be rejected. However, multiple applications by the same applicant belonging to Category III aggregating to a value exceeding ‘ 5 Lakhs shall be grouped in the Unreserved Individual Portion, for the purpose of determining the basis of allotment to such applicant. However, any application made by any person in his individual capacity and an application made by such person in his capacity as a karta of a Hindu Undivided family and/or as joint applicant, shall not be deemed to be a multiple application. For the purposes of allotment of NCDs under the Issue, applications shall be grouped based on the PAN, i.e. applications under the same PAN shall be grouped together and treated as one application. Two or more applications wil be deemed to be multiple applications if the sole or first applicant is one and the same. For the sake of clarity, two or more applications shall be deemed to be a multiple application for the aforesaid purpose if the PAN number of the sole or the first applicant is one and the same. 66. Depository Arrangements : As per the provisions of Section 68B of the Act, the allotment of NCDs of our Company can be made in a dematerialised form, (i.e. not in the form of physical certificates but be fungible and be represented by the Statement issued through electronic mode). We have made depository arrangements with NSDL and CDSL for issue and holding of the NCDs in dematerialised form. For further details plesae refer to the Prospectus. 67. Communications: All future Communications in connection withApplications made in the Issue should be addressed to the Registrar to the Issue quoting all relevant details as regards the applicant and its application. Applicants can contact the Compliance Officer of our Company/Lead Managers/Co-Lead Manager or the Registrar to the Issue in case of any Pre-Issue related problems. In case of Post-Issue related problems such as non-receipt ofAllotmentAdvice / credit of NCDs in depository’s beneficiary account / refund orders, etc., applicants may contact the Compliance Officer of our Company/Lead Manager/Co-Lead Manager or Registrar to the Issue. 68. Rejection of Application: The Board of Directors and/or any committee of our Company reserves its full, unqualified and absolute right to accept or reject any application in whole or in part and in either case without assigning any reason thereof. Application may be rejected on one or more technical grounds, including but not restricted to: Applications not duly signed by the sole/joint applicants (in the same sequence as they appear in the records of the depository); Amount paid doesn’t tally with the amount payable for the NCDs applied for; Age of First applicant not given; Application by persons not competent to contract under the Indian ContractAct, 1872 including minors (without the name of guardian) and insane persons; PAN not mentioned in theApplication Form; GIR number furnished instead of PAN; Applications for amounts greater than the maximum permissible amounts prescribed by applicable regulations; Applications by persons/entities who have been debarred from accessing the capital markets by SEBI; Applications by any persons outside India; Any application for an amount below the minimum application size; Application for number of NCDs, which are not in multiples of one; Category not ticked; Application under power of attorney or by limited companies, corporate, trust etc., where relevant documents are not submitted; Application Form does not have applicant’s depository account details; Applications accompanied by Stockinvest/money order/postal order; Signature of sole and/ or joint applicant(s) missing; Application Forms not delivered by the applicant within the time prescribed as per theApplication Form and the Prospectus and as per the instructions in the Prospectus and the Application Form; or In case the subscription amount is paid in cash. In case no corresponding record is available with the Depositories that matches three parameters namely, names of the applicant, the Depository Participant’s Identity and the beneficiary’s account number. Application Form accompanied with more than one cheque. Institutional Investor Applications not procured by the Lead Managers, the Co-Lead Manager or their respective affiliates. For further instructions regarding application for the NCDs, investors are requested to read the Application Form 69. AllotmentAdvice / Refund Orders :The unutilised portion of the application money wil be refunded to the applicant by anA/c Payee cheque/demand draft. In case the at par facility is not available, our Company reserves the right to adopt any other suitable mode of payment. ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● The Company shall credit the allotted NCDs to the respective beneficiary accounts/despatch the Letter(s) ofAllotment or Letter(s) of Regret/ Refund Orders in excess of ` 1,500/-, as the case may be, by Registered Post/Speed Post at the applicant’s sole risk, within 30 days from the date of closure of the Issue. Refund Orders up to ` 1,500/- wil be sent by post. We may enter into an arrangement with one or more banks in one or more cities for refund to the account of the applicants through Direct Credit/RTGS/NEFT. Further, a)Allotment of NCDs offered to the public shall be made within a time period of 30 days from the date of closure of the Issue; b) Credit to de-mat account wil be given within 2 working days from the date of allotment c) Interest at a rate of 15 per cent per annum wil be paid if the allotment has not been made and/or the Refund Orders have not been dispatched to the applicants within 30 days from the date of the closure of the Issue, for the delay beyond 30 days. The Company wil provide adequate funds to the Registrars to the Issue, for this purpose. 70. Retention of oversubscription : The Company is making a public Issue of NCDs aggregating upto ` 37,500 lakhs with an option to retain oversubscription of NCDs up to ` 37,500 lakhs. 71. Basis of Allotment : Grouping of Applications and Allocation Ratio: Applications received from various applicants shall be grouped together on the following basis: i)Applications received from Category I applicants: Applications received from Category I, shall be grouped together, (“Institutional Portion”); ii)Applications received from Category II applicants: Applications received from Category II, shall be grouped together, (“Non-Institutional Portion”); iii) Applications received from Category III applicants: Further with respect to applications received from Category III applicants, applications by applicants who apply for NCDs aggregating to a value not more than ` 5 Lakhs, across all series of NCDs, (Option I and/or Option II), shall be grouped together, (“Reserved Individual Portion”) while applications by applicants who apply for NCDs aggregating to a value exceeding ` 5 Lakhs, across all series of NCDs, (Option I and/or Option II), shall be separately grouped together, (“Unreserved Individual Portion”). For further details please refer to “AdditionalApplications” beginning on page 163 of the Prospectus. For removal of doubt, “Institutional Portion”, Non-Institutional Portion” “Reserved Individual Portion” and “Unreserved Individual Portion” are individually referred to as “Portion” and collectively referred to as “Portions”. For the purposes of determining the number of NCDs available for allocation to each of the abovementioned Portions, our Company shall have the discretion of determining the number of NCDs to be allotted over and above the Base Issue Size, in case our Company opts to retain any oversubscription in the Issue upto ` 75,000 Lakhs. The aggregate value of NCDs decided to be allotted over and above the Base Issue Size, (in case our Company opts to retain any oversubscription in the Issue), and/or the aggregate value of NCDs upto the Base Issue Size shall be collectively termed as the “Overall Issue Size”. Basis of Allotment for NCDs : (a) Allotments in the first instance: (i) Applicants belonging to the Institutional Portion, in the first instance, wil be allocated NCDs upto 10% of Overall Issue Size on first come first serve basis (determined on the basis of date of receipt of each application duly acknowledged by the Bankers to the Issue); (ii)Applicants belonging to the Non-Institutional Portion, in the first instance, wil be allocated NCDs upto 10% of Overall Issue Size on first come first serve basis (determined on the basis of date of receipt of each application duly acknowledged by the Bankers to the Issue); (iii) Applicants belonging to the Reserved Individual Portion, in the first instance, wil be allocated NCDs upto 60% of Overall Issue Size on first come first serve basis (determined on the basis of date of receipt of each application duly acknowledged by the Bankers to the Issue); (iv) Applicants belonging to the Unreserved Individual Portion, in the first instance, wil be allocated NCDs upto 20% of Overall Issue Size on first come first serve basis (determined on the basis of date of receipt of each application duly acknowledged by the Bankers to the Issue); Allotments, in consultation with the Designated Stock Exchange, shall be made on a first-come first-serve basis, based on the date of presentation of each application to the Bankers to the Issue, in each Portion subject to the Allocation Ratio. (b) Under Subscription: Under subscription, if any, in Reserved Individual Portion or Unreserved Individual Portion shall first be met by inter-se adjustment between these two sub-categories. Thereafter, if there is any under subscription in any Portion, priority in allotments wil be given to the Category III, with preference in allotments to Reserved Individual Portion applicants, and balance, if any, shall be first made to applicants of the Non-Institutional Portion (Category II), and thereafter to Institutional Portion (Category I) on a first come first serve basis, on proportionate basis. (c) For each Portion, all applications received on the same day by the Bankers to the Issue would be treated at par with each other.Allotment within a day would be on proportionate basis, where NCDs applied for exceeds NCDs to be allotted for each Portion respectively. (d) Minimum allotments of 1NCD and in multiples of 1 NCD thereafter would be made in case of each valid application. (e)Allotments in case of oversubscription: In case of an oversubscription, allotments to the maximum extent, as possible, wil be made on a first-come first-serve basis and thereafter on proportionate basis, i.e. full allotment of NCDs to the applicants on a first come first basis up to the date falling 1 (one) day prior to the date of oversubscription and proportionate allotment of NCDs to the applicants on the date of oversubscription (based on the date of presentation of each application to the Bankers to the Issue, in each Portion). (f) Proportionate Allotments: For each Portion, on the date of oversubscription: i) Allotments to the applicants shall be made in proportion to their respective application size, rounded off to the nearest integer. ii) If the process of rounding off to the nearest integer results in the actual allocation of NCDs being higher than the Issue size, not all applicants wil be allotted the number of NCDs arrived at after such rounding off. Rather, each applicant whose allotment size, prior to rounding off, had the highest decimal point would be given preference. iii) In the event, there are more than one applicant whose entitlement remain equal after the manner of distribution referred to above, our Company wil ensure that the basis of allotment is finalised by draw of lots in a fair and equitable manner. (g) Applicant applying for more than one series of NCDs: If an applicant has applied for more than one series of NCDs, (Option I and Option II, individually referred to as “Series”), and in case such applicant is entitled to allocation of only a part of the aggregate number of NCDs applied for, the Series-wise allocation of NCDs to such applicants shall be in proportion to the number of NCDs with respect to each Series, applied for by such applicant, subject to rounding off to the nearest integer, as appropriate in consultation with Lead Managers, the Co-Lead Manager and Designated Stock Exchange. All decisions pertaining to the basis of allotment of NCDs pursuant to the Issue shall be taken by our Company in consultation with the Lead Managers, the Co-Lead Manager and the Designated Stock Exchange and in compliance with the aforementioned provisions of the Prospectus. Our Company would allot Option I NCDs to all valid applications, wherein the applicants have not indicated their choice of the relevant Series of NCDs (Option I, or Option II). 73.Investor Withdrawals and Pre-closure: Investor Withdrawal: Applicants are allowed to withdraw their applications at any time prior to the closure of the Issue. Pre-closure: Our Company, in consultation with the Lead Managers and the Co-Lead Manager reserve the right to close the Issue at any time prior to the Closing Date, subject to receipt of minimum subscription for NCDs aggregating to 75% of the Base Issue. Our Company shall allot NCDs with respect to the applications received at the time of such pre-closure in accordance with the Basis ofAllotment as described hereinabove and subject to applicable statutory and/or regulatory requirements. 73. Utilisation of Application Money : Please refer to the Prospectus. 74. Utilisation of Issue Proceeds : Please refer to the Prospectus. 75. Listing : Please refer to the Prospectus. FOR FURTHER DETAILS, PLEASE REFER TO THE PROSPECTUS ISSUE MANAGEMENT TEAM CO-LEAD MANAGERS REGISTRAR TO THE ISSUE Integrated Enterprises (India) Limited 2nd Floor, ‘Kences Towers’ No.1 Ramakrishna Street North Usman Road, T Nagar Chennai – 600 017 Tel: +91 44 2814 0801, +91 44 2814 0802, +91 44 2814 0803 Fax: +91 44 2814 2479 Email: scuf@iepindia.com Investor Grievance Email: sureshbabu@iepindia.com Website: www.iepindia.com Contact Person: Mr. K. Balasubramanian / Mr. Sriram S SEBI Registration No.: INR000000544 A. K. Capital Services Limited Karvy Investor Services Limited ICICI Securities Limited 30-39, Free press House Regent Chambers, 2nd floor ICICI Centre, H.T. Parekh Marg, Free Press Journal Marg Nariman Point, Mumbai – 400021 Churchgate 215 Nariman Point Tel : +91 22 2289 5000 Mumbai- 400 020 Mumbai – 400 021 Fax: +91 22 3020 4040 Tel: +91 22 2288 2460 Tel: +91 22 6754 6500/6634 Email:shriramcityunion@karvy.com Fax: +91 22 2282 6580 Fax: +91 22 6610 0594 Investor Grievance Email: Email: scufbondissue@icicisecurities.com Email: shriramcitydipo@akgroup.co.in cmg@karvy.com Investor Grievance Email: Investor Grievance Email: investor.grievance@akgroup.co.in customercare@icicisecurities.com rajnish.rangari@karvy.com Website: www.akcapindia.com Website: www.karvy.com Website: www.icicisecurities.com Contact Person: Mr. Hitesh Shah Contact Person: Mr. Omkar Barve Contact Person: Mr. Manvendra Tiwari Compliance Officer: Mr. Vikas Agarwal Compliance Officer: Mr. Rajnish Rangari Compliance Officer: Mr. Subir Saha SEBI Registration No: INM000010411 SEBI Registration No: INM000008365 SEBI Registration No:INM000011179 COMPLIANCE OFFICER (AND COMPANY SECRETARY): The details of the person appointed to act as Compliance Officer for the purposes of this Issue is set out below: Mr. C. R. Dash, Company Secretary, Shriram City Union Finance Limited, 221, Royapettah High Road, Mylapore, Chennai, Tamil Nadu – 600 004, Tel.: + 91 44 4391 5300, Fax: +91 44 4391 5351, Email: sect@shriramcity.in Investors may contact the Registrar to the Issue or the Compliance Officer in case of any pre-Issue or post-Issue related matters such as non-receipt of Allotment Advice, demat credit, refund orders or interest on application money. DEBENTURE TRUSTEE: IDBI Trusteeship Services Limited, Asian Building, Ground Floor, 17, R Kamani Marg, Ballard Estate, Mumbai – 400 001, Tel: +91 22 4080 7000, Fax: + 91 22 6631 1776, Website: www.idbitrustee.co.in, Contact Person: Ms. Brindha V, Email: brindha@idbitrustee.co.in, SEBI Registration No.: IND000000460 IDBI Trusteeship Services Limited has by its letter dated July 4, 2011 given its consent for its appointment as Debenture Trustee to the Issue and for its name to be included in the Prospectus and in all the subsequent periodical communications sent to the holders of the Debentures issued pursuant to this Issue. STATUTORY AUDITOR: Our statutory auditor being: M/s Pijush Gupta & Co., Chartered Accountants, P-199, C.I.T. Road, Scheme IV-M, Kolkata - 700 010, Tel: +91 33 2353 6859, Email: pijushgupta.ca@gmail.com, Firm registration number: 309015E CREDIT RATING AGENCIES: Credit Analysis & Research Limited, 4th Godrej Coliseum, Somaiya Hospital Road,Off Eastern Express Highway, Sion (East), Mumbai – 400 022, Tel: +91 22 6754 3456, Fax: +91 22 6754 3457; CRISIL Limited, CRISIL House, Central Avenue, Hiranandani Business Park, Powai, Mumbai – 400 076, Tel: +91 22 3342 3000, Fax: +91 22 3342 3050 LEGAL ADVISOR TO THE ISSUE: J Sagar Associates, Vakils House, 18, Sprott Road, Ballard Estate, Mumbai- 400 001, Tel: +91 22 4341 8500, Fax: +91 22 6656 1515, BANKERS TO THE ISSUE: HDFC Bank Limited, FIG - OPS Department, - Lodha, I Think Techno Campus, O-3, Level, Next to Kanjurmarg Railway Station, Kanjurmarg (East), Mumbai- 400 042, Tel: +91 22 3075 2928, Fax: +91 22 2579 9801, Email: Deepak.rane@hdfcbank.com, Website: www.hdfcbank.com, Contact Person: Mr. Deepak Rane, SEBI Registration No.: INBI00000063; YES Bank Limited, 3rd Floor, Ion House, Dr. E. Moses Road, Mahalaxmi, Mumbai – 400 011, Tel: +91 22 6622 9031, Fax: +91 22 2497 4875, Email: dlbtiservices@yesbank.in, Website: www.yesbank.in, Contact Person: Mr. Mahesh Shirali, SEBI Registration No.: INBI00000935; Dhanlaxmi Bank, Ground Floor, Janmabhoomi Bhavan, Plot No. 11-12, 114, Janmabhoomi Marg, Fort, Mumbai – 400 001, Tel: +91 22 2202 2535 / 6154 1857 , Fax: +91 22 2287 1637 / 6154 1725, Email: Venkataraghavan.ta@dhanbank.co.in, Website: www.dhanbank.com, Contact Person: Venkataraghavan T. A., SEBI Registration No.: INBI00000025; ICICI Bank Limited, Rajabahadur Mansion, 30, Mumbai Samachar Marg, Fort, Mumbai - 400 001, Tel: +91 22 6631 0322/12, Fax: +91 22 6631 0350, Email: anil.gadoo@icicibank.com, Website: www.icicibank.com, Contact Person: Mr.Anil Gadoo, SEBI Registration No.: INBI00000004; The Hongkong and Shanghai Banking Corporation Limited, Plot No. 139-140 B, Western Express Highway, Sahar Road Junction, Ville Parle (East), Mumbai – 400 057, Tel: +91 22 4035 7458, Fax: +91 22 4035 7657, Email: swapnilpavale@hsbc.co.in; ctlaindiainm@hsbc.co.in, Website: www.hsbc.co.in, Contact Person: Swapnil Pavale, SEBI Registration No.: INBI00000027; Kotak Mahindra Bank Limited, 5th Floor, Dani Corporate Park, 158 CST Road, Kalina, Santacruz (East), Mumbai 400 098, Tel: +91 22 6759 5335, Fax: +91 22 6759 5374, Email: vidhi.gupta@kotak.com, Website: www.kotak.com, Contact Person: Vidhi Gupta, SEBI Registration No.: INBI00000927; INDUSIND Bank Limited, 1st floor, IndusInd House, 425, Dadasaheb Bhadkamkar Marg, Opera House, Mumbai - 400 004, Tel: +91 22 6772 3901-17, Fax: +91 22 6772 3998, Email: suresh.esaki@indusind.com, Website: www.indusind.com, Contact Person: Suresh Esaki, SEBI Registration No.: INBI00000002 JM Financial Consultants Private Limited 141 Maker Chambers III, Nariman Point Mumbai – 400 021 Tel : + 91 22 6630 3030 Fax: +91 22 2204 2137 Email: scuf.ncd@jmfinancial.in Investor Grievance Email: grievance.ibd@jmfinancial .in Website: www.jmfinancial.in Contact Person : Ms. Lakshmi Lakshmanan Compliance Officer: Mr. Chintal Sakaria SEBI Registration No.: INM000010361 SHRIRAM CITY UNION FINANCE LIMITED 5 IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS RISK FACTORS Prospective investors should carefully consider the risks and uncertainties described below, in addition to the other information contained in the Prospectus before making any investment decision relating to the NCDs. If any of the following risks or other risks that are not currently known or are now deemed immaterial, actually occur, our business, financial condition and result of operation could suffer, the trading price of the NCDs could decline and you may lose your all or part of your interest and / or redemption amounts. Unless otherwise stated in the relevant risk factors set forth below, we are not in a position to specify or quantify the financial or other implications of any of the risks mentioned herein. The ordering of the risk factors is intended to facilitate ease of reading and reference and does not in any manner indicate the importance of one risk factor over another. The Prospectus contains forward looking statements that involve risk and uncertainties. Our Company’s actual results could differ material y from those anticipated in these forward looking statements as a result of several factors, including the considerations described below and elsewhere in the Prospectus. Investors are advised to read the following risk factors carefully before making an investment in the NCDs offered in this Issue. You must rely on your own examination of our Company and this Issue, including the risks and uncertainties involved. INTERNAL RISK FACTORS Risks relating to our Company and its Business 1. Our financial performance is particularly vulnerable to interest rate volatility.: Our results of operations are substantially dependent upon the level of our Net Interest Margins. Income from our financing activities is the largest component of our total income, and constituted 87.73% and 92.95% of our total income in fiscal 2010 and fiscal 2011, respectively. As of March 31, 2011, our assets under management were ` 799,804.88 lakhs. We borrow funds on both fixed and floating rates. Volatility in interest rates can materially and adversely affect our financial performance. In a rising interest rate environment, if the yield on our interest-earning assets does not increase simultaneously with or to the same extent as our cost of funds, or, in a declining interest rate environment, if our cost of funds does not decline simultaneously or to the same extent as the yield on our interest-earning assets, our net interest income and net interest margin would be adversely impacted. Additional risks arising from increasing interest rates, among others, include: increases in the rates of interest charged on various loans in our loan portfolio, which could result in the extension of loan maturities and higher monthly installments due from borrowers which, in turn, could result in higher rates of default; reductions in the volume of product finance loans, auto loans, personal loans, loans against gold and/or loans to small enterprise finance segment as a result of clients’ inability to service high interest rate payments; and reduction in the value of fixed income securities held in our investment portfolio. Accordingly, our operations are susceptible to fluctuations in interest rates. Interest rates are highly sensitive and fluctuations thereof are dependent upon many factors which are beyond our control, including the monetary policies of the RBI, de-regulation of the financial services sector in India, domestic and international economic and political conditions, inflation and other factors. Rise in inflation, and consequent changes in Bank rates, Repo rates and Reverse Repo rates by the RBI has led to an increase in interest rates on loans provided by banks and financial institutions, and market interest rates in India have been volatile in recent periods. 2. Our business requires substantial capital, and any disruption in funding sources would have a material adverse effect on our liquidity and financial condition.: As a finance company, our liquidity and ongoing profitability are, in large part, dependent upon our timely access to, and the costs associated with, raising capital. Our funding requirements historically have been met from a combination of term loans from banks and financial institutions, issuance of redeemable non-convertible debentures, public deposits, the issue of subordinated bonds and commercial paper. Thus, our business depends and will continue to depend on our ability to access diversified funding sources. Our ability to raise funds on acceptable terms and at competitive rates continues to depend on various factors including our credit ratings, the regulatory environment and policy initiatives in India, developments in the international markets affecting the Indian economy, investors’ and/or lenders’ perception of demand for debt and equity securities of NBFCs, and our current and future results of operations and financial condition. Changes in economic and financial conditions or continuing lack of liquidity in the market could make it difficult for us to access funds at competitive rates. As an NBFC, we also face certain restrictions on our ability to raise money from international markets which may further constrain our ability to raise funds at attractive rates. Such conditions may occur again in the future and may lead to a disruption in our primary funding sources at competitive costs and would have a material adverse effect on our liquidity and financial condition. 3. High levels of customer defaults could adversely affect our business, financial condition and results of operations. : Our business involves lending money and accordingly we are subject to customer default risks including default or delay in repayment of principal or interest on our loans. Customers may default on their obligations to us as a result of various factors including bankruptcy, lack of liquidity, lack of business and operational failure. If borrowers fail to repay loans in a timely manner or at all, our financial condition and results of operations will be adversely impacted. In addition, our customer portfolio principally consists of the under-banked community who does not typically have easy access to financing from commercial banks or other organized lenders and often have limited credit history. Such borrowers generally are less financially resilient than larger corporate borrowers, and, as a result, they can be more adversely affected by declining economic conditions. In addition, a significant majority of our client base belongs to the low or middle income group. In addition, we may not receive updated information regarding any change in the financial condition of our customers or may receive inaccurate or incomplete information as a result of any fraudulent misrepresentation on the part of our customers. Furthermore, unlike several developed economies, a nationwide credit bureau has only recently become operational in India, so there is less financial information available about the creditworthiness of our customers. It is therefore difficult to carry out precise credit risk analyses on our clients. Although we follow certain procedures to evaluate the credit profile of our customers at the time of sanctioning a loan, we generally rely on the referrals from the current or past customers of our Company or those of other entities in the Shriram Group. Although we believe that our risk management controls are sufficient, we cannot be certain that they will continue to be sufficient or that additional risk management policies for individual borrowers will not be required. Failure to continuously monitor the loan contracts, particularly for individual borrowers, could adversely affect our credit portfolio which could have a material and adverse effect on our results of operations and financial condition. 4. We may not be able to recover, on a timely basis or at all, the full value of collateral or amounts which are sufficient to cover the outstanding amounts due under defaulted loans. : For our two-wheeler and other vehicle loans, the two-wheeler/vehicle is typically hypothecated in favour of our Company for the tenure of the loan. The value of the vehicle, however, is subject to depreciation, deterioration, and/or reduction in value on account of other extraneous reasons, over the course of time. Consequently, the realizable value of the collateral for the credit facility provided by us, when liquidated, may be lower than the outstanding loan from such customers. The hypothecated vehicles, being movable property, may be difficult to locate or seize in the event of any default by our customers. There can also be no assurance that we will be able to sell such vehicles provided as collateral at prices sufficient to cover the amounts under default. In addition, there may be delays associated with such process. In connection with loans against gold provided by us, the gold jewellery and/or ornaments are provided as security. An economic downturn or sharp downward movement in the price of gold could result in a fall in collateral values. In the event of any decrease in the price of gold, customers may not repay their loans and the collateral gold jewellery securing the loans may have decreased significantly in value, resulting in losses which we may not be able to support. No assurance can be given that if the price of gold decreased significantly, our financial condition and results of operations from this business product would not be adversely affected. The impact on our financial position and results of operations of a hypothetical decrease in gold values cannot be reasonably estimated because the market and competitive response to changes in gold values is not pre-determinable. Additionally, we may not be able to realise the full value of our collateral, due to, among other things, defects in the quality of gold or wastage on melting gold jewellery into gold bars. In addition, failure by our employees to properly appraise the value of the collateral provides us with no recourse against the borrower. For the personal loans and loans to small enterprises business, in connection with a customer who is also an existing customer of ‘Shriram Chits’ we typically create a lien over the chit deposits of such customer. If the value of the chit deposits is insufficient to cover the entire loan amount, we typically also require immovable or movable property to be provided for the remaining value of the loan amount. In cases where the customer is unable to provide such immovable or movable property as security, the applicant is also required to furnish a guarantee from typically an existing or a former customer. Any deterioration in the value of such additional security or our failure to enforce such guarantees or to enforce such charges in a timely manner or at all could adversely affect our operations and profitability. Any default in repayment of the outstanding credit obligations by our customers may expose us to losses. A failure or delay to recover the expected value from sale of collateral security could expose us to a potential loss. Any such losses could adversely affect our financial condition and results of operations. Furthermore, enforcing our legal rights by litigating against defaulting customers is generally a slow and potential y expensive process in India. Accordingly, it may be difficult for us to recover amounts owed by defaulting customers in a timely manner or at all. 5. Our significant indebtedness and the conditions and restrictions imposed by our financing arrangements could restrict our ability to conduct our business and operations in the manner we desire.: As of March 31, 2011, we had outstanding secured debt of ` 656,951.01 lakhs and unsecured debt of ` 75,827.43 lakhs and we will continue to incur additional indebtedness in the future. Most of our borrowings are secured by our immovable and other assets. Our significant indebtedness could have several important consequences, including but not limited to the following: a portion of our cash flow may be used towards repayment of our existing debt, which will reduce the availability of our cash flow to fund working capital, capital expenditures, acquisitions and other general corporate requirements; our ability to obtain additional financing in the future at reasonable terms may be restricted or our cost of borrowings may increase due to sudden adverse market conditions, including decreased availability of credit or fluctuations in interest ● ● ● ● ● 6 SHRIRAM CITY UNION FINANCE LIMITED rates; fluctuations in market interest rates may affect the cost of our borrowings as some of our indebtedness are at variable interest rates; there could be a material adverse effect on our business, financial condition and results of operations if we are unable to service our indebtedness or otherwise comply with financial and other covenants specified in the financing agreements; and we may be more vulnerable to economic downturns, may be limited in our ability to withstand competitive pressures and may have reduced flexibility in responding to changing business, regulatory and economic conditions. Some of our financing agreements also include various conditions and covenants that require us to obtain lender consents prior to carrying out certain activities and entering into certain transactions. Failure to meet these conditions or obtain these consents could have significant consequences on our business and operations. Specifically, under some of our financing agreements, we require, and may be unable to obtain, consents from the relevant lenders for, among others, the following matters: entering into any scheme of merger; spinning-off of a business division; selling or transferring all or a substantial portion of our assets; making any change in ownership or control or constitution of our Company; making amendments in our Memorandum and Articles of Association; creating any further security interest on the assets upon which the existing lenders have a prior charge; and raising funds by way of any fresh capital issue. Our financing agreements also typically contain certain financial covenants including the requirement to maintain, among others, specified debt-toequity ratios, debt-to-net worth ratios, or Tier I to Tier II capital ratios that may be higher than statutory or regulatory requirements. These covenants vary depending on the requirements of the financial institution extending the loan and the conditions negotiated under each financing document. Such covenants may restrict or delay certain actions or initiatives that we may propose to take from time to time. A failure to observe the covenants under our financing arrangements or to obtain necessary consents required thereunder may lead to the termination of our credit facilities, acceleration of all amounts due under such facilities and the enforcement of any security provided. Any acceleration of amounts due under such facilities may also trigger cross default provisions under our other financing agreements. If the obligations under any of our financing documents are accelerated, we may have to dedicate a substantial portion of our cash flow from operations to make payments under such financing documents, thereby reducing the availability of cash for our working capital requirements and other general corporate purposes. Further, during any period in which we are in default, we may be unable to raise, or face difficulties raising, further financing. Any of these circumstances could adversely affect our business, credit rating and financial condition and results of operations. Moreover, any such action initiated by our lenders could result in the price of our NCDs being adversely affected. 6. Our entire customer base comprises individual and/or small enterprise segment borrowers, who generally are more likely to be affected by declining economic conditions than larger corporate borrowers.: Individual and small enterprise segment borrowers generally are less financially resilient than larger corporate borrowers, and, as a result, they can be more adversely affected by declining economic conditions. In addition, a significant majority of our customer base belongs to the low to medium income group and/or the small enterprises finance sector. Furthermore, unlike several developed economies, a nationwide credit bureau has only recently become operational in India, so there is less financial information available about individuals, particularly our focus customer segment from the low to medium income group who typically have limited access to other financing sources. It is therefore difficult to carry out precise credit risk analyses on our customers. Although we believe that our risk management controls are sufficient, we cannot be certain that they will continue to be sufficient or that additional risk management policies for individual borrowers will not be required. Failure to maintain sufficient credit assessment policies, particularly for individual borrowers, could adversely affect our credit portfolio which could have a material and adverse effect on our results of operations and financial condition. 7. We face increasing competition in our business which may result in declining margins if we are unable to compete effectively. : We face competition in all our lines of businesses. Our primary competitors are other NBFCs, public sector banks, private sector banks, co-operative banks and foreign banks and the unorganized financiers who principally operate in the local markets. Over the past few years, the retail financing area has seen the entry of banks, both nationalized as well as foreign. Banks have access to low cost funds which enables them to enjoy higher margins and / or offer finance at lower rates. NBFCs do not have access to large quantities of low cost deposits, a factor which can render them less competitive. In addition, interest rate deregulation and other liberalization measures affecting the retail and small enterprises finance sector, together with increased demand for capital by individuals as well as small enterprises, have resulted in an increase in competition. All of these factors have resulted in us facing increased competition from other lenders in each of our lines of businesses, including commercial banks and other NBFCs. Our ability to compete effectively will depend, to some extent, on our ability to raise low-cost funding in the future. Furthermore, as a result of increased competition in the finance sector, finance products are becoming increasingly standardized and variable interest rate and payment terms and lower processing fees are becoming increasingly common in the finance sector in India. There can be no assurance that we will be able to react effectively to these or other market developments or compete effectively with new and existing players in the increasingly competitive finance industry. Increasing competition may have an adverse effect on our net interest margin and other income, and, if we are unable to compete successfully, our market share may decline. If we are unable to compete effectively with other participants in the finance sector, our business, future financial performance and the trading price of the NCDs may be adversely affected. 8. Since we handle high volume of cash and gold jewellery in a dispersed network of branches, we are exposed to operational risks, including employee negligence, fraud, petty theft, burglary and embezzlement, which could harm our results of operations and financial position.: Our transactions in connection with loans against gold, personal loans and loans to the small enterprises finance segment involve cash and gold jewellery. Large cash and gold jewellery transactions expose us to the risk of fraud by employees, agents, customers or third parties, theft, burglary and misappropriation or unauthorized transactions by our employees. Our insurance policies, security systems and measures undertaken to detect and prevent these risks may not be sufficient to prevent or deter such activities in all cases, which may adversely affect our operations and profitability. Further, we may be subject to regulatory or other proceedings in connection with any unauthorized transaction, fraud or misappropriation by our representatives and employees, which could adversely affect our goodwill. The nature and size of the items provided as collateral allow these items to be misplaced or misdelivered, which may have a negative impact on our operations and result in losses. 9. We may not be able to successfully sustain our growth strategy.: We have demonstrated consistent growth in our business and in our profitability. Our Assets Under Management have grown by a compounded annual growth rate, or CAGR, of 34% from ` 250,686.49 lakhs as of March 31, 2007 to ` 799,804.88 lakhs as of March 31, 2011. Our capital adequacy ratio as of March 31, 2011 computed on the basis of applicable RBI requirements was 20.53%, compared to the RBI stipulated minimum requirement of 12.00%. Our Tier I capital as of March 31, 2011 was ` 119,419 lakhs. Our Gross NPAs as a percentage of Total Loan Assets were 1.86% as of March 31, 2011. Our Net NPAs as a percentage of Net Loan Assets was 0.43% as of March 31, 2011. Our total income increased from ` 34,805.91 lakhs in fiscal 2007 to ` 132,091.19 lakhs in fiscal 2011 at a CAGR of 40%. Our net profit after tax increased from ` 5,162.16 lakhs in fiscal 2007 to ` 24,058.85 lakhs in fiscal 2011, at a CAGR of 47%. Our growth strategy includes growing our loan book and expanding our customer base. There can be no assurance that we will be able to sustain our growth strategy successfully or that we will be able to expand further or diversify our product portfolio. If we grow our loan book too rapidly or fail to make proper assessments of credit risks associated with new borrowers, a higher percentage of our loans may become non-performing, which would have a negative impact on the quality of our assets and our financial condition. We also face a number of operational risks in executing our growth strategy. We have experienced growth in each of our lines of business particularly in connection with loans to the small enterprises segment and loans against gold businesses, our branch network has expanded significantly, we are entering into new, smaller towns and cities within India as part of our growth strategy and gradually introducing all our products in each of our branches. Our rapid growth exposes us to a wide range of increased risks, including business risks, such as the possibility that a number of our impaired loans may grow faster than anticipated, as well as operational risks, fraud risks and regulatory and legal risks. Moreover, our ability to sustain our rate of growth depends significantly upon our ability to manage key issues such as selecting and retaining key managerial personnel, maintaining effective risk management policies, continuing to offer products which are relevant to our target base of clients, developing managerial experience to address emerging challenges and ensuring a high standard of client service. We will need to recruit new employees, who will have to be trained and integrated into our operations. We will also have to train existing employees to adhere properly to internal controls and risk management procedures. Failure to train our employees properly may result in an increase in employee attrition rates, require additional hiring, erode the quality of customer service, divert management resources, increase our exposure to high-risk credit and impose significant costs on us. 10. We have no prior operating experience in the housing finance business and accordingly, we may not be able to successfully implement our growth strategy to foray into the housing finance business.: Our Company incorporated a wholly owned subsidiary namely Shriram Housing Finance Limited in November 2010, with a view of entering the housing finance sector. We have applied to National Housing Bank (wholly owned by the Reserve Bank of India), for a certificate of registration under the National Housing Bank Act, 1987, to carry on business of a housing finance institution. The aforesaid Subsidiary will commence operations once it is registered with the National Housing Bank. Shriram Housing Finance Limited will typically target middle-income customers in semi-urban locations. We cannot assure that our foray into the housing finance business would yield favorable or expected results as our overall profitability and success will be subject to various factors including, among others, our ability to obtain necessary statutory and/or regulatory approvals and licenses in connection with the said business, our ability to effectively recruit, retain and motivate appropriate managerial talent, our inexperience in the housing finance sector and ability to compete with banks, housing finance companies and other financial institutions that are already well established in this market segment as well as our ● ● ● ability to effectively absorb additional infrastructure costs. Our housing finance business will require significant capital investments and commitments of time from our senior management, there also can be no assurance that our management will be able to develop the skills necessary to successfully manage these new business areas. Our inability to effectively manage any of these issues could material y and adversely affect our business and impact our future financial performance. 11. We may experience difficulties in expanding our business into new regions and markets in India and introducing our complete range of products in each of our branches. : As part of our growth strategy, we continue to evaluate attractive growth opportunities to expand our business into new regions and markets in India. Factors such as competition, culture, regulatory regimes, business practices and customs and customer requirements in these new markets may differ from those in our current markets and our experience in our current markets may not be applicable to these new markets. In addition, as we enter new markets and geographical regions, we are likely to compete not only with other banks and financial institutions but also the local unorganized or semi-organized private financiers, who are more familiar with local regulations, business practices and customs and have stronger relationships with customers. As a part of our growth strategy, we propose to target establishing our operations through new branches in cities and towns where we historically had relatively limited operations, such as in eastern and northern parts of India, and to further consolidate our position and operations in western and southern parts of India. We target to gradually introduce our entire range of product offerings, namely (i) product finance loans, (ii) pre-owned and new vehicles loans, (iii) personal loans, (iv) loans against gold, and (v) loans to small enterprises at each of our existing branches across India. Our business may be exposed to various additional challenges including obtaining necessary governmental approvals, identifying and collaborating with local business and partners with whom we may have no previous working relationship; successfully gauging market conditions in local markets with which we have no previous familiarity; attracting potential customers in a market in which we do not have significant experience or visibility; being susceptible to local taxation in additional geographical areas of India and adapting our marketing strategy and operations to different regions of India in which different languages are spoken. Our inability to expand our current operations may adversely affect our business prospects, financial conditions and results of operations. 12. A large number of our branches are located in southern India, and any downturn in the economy in the states in India where we operate, or any change in consumer preferences in that region could adversely affect our results of operations and financial condition.: We have a strong concentration of our business in south India with 248 of our 559 branches as on March 31, 2011, located in the states of Tamil Nadu, Andhra Pradesh and Karnataka. Any adverse change in the political and/or economic environment in the states of Tamil Nadu, Andhra Pradesh and Karnataka or any unfavourable changes in the regulatory and policy regime in the said region could adversely affect our manufacturing operations, financial condition and/or profitbility. Further, any changes in consumer preferences in the said region could also affect our operations and profitability. 13. Any downgrade of our credit ratings would increase borrowing costs and constrain our access to capital and lending markets and, as a result, would negatively affect our net interest margin and our business.: In relation to our long-term debt instruments, we currently have ratings of CARE AA from Credit Analysis and Research Limited (“CARE”), AA-(ind) from Fitch Ratings India Private Limited, (“Fitch”) and CRISIL AA- /Stable from CRISIL. In relation to our short-term debt instruments, we have also received ratings of CARE A1+ from CARE, F1+(ind) from Fitch, and CRISIL A1+ from CRISIL. Our fixed deposit programme has been rated as CARE AA (FD) by CARE, and tAA- (ind) by Fitch. The NCDs proposed to be issued under this Issue have been rated CARE AA by CARE for an amount of upto ` 75,000 Lakhs vide its letter dated July 14, 2011, and CRISIL AA-/Stable by CRISIL for an amount of upto ` 75,000 Lakhs vide its letter dated July 14, 2011. The rating of the NCDs by CARE indicates high degree of safety regarding timely servicing of financial obligations and carrying very low credit risk. The rating of NCDs by CRISIL indicates high degree of safety regarding timely servicing of financial obligations. Any downgrade of our credit ratings would increase borrowing costs and constrain our access to capital and debt markets and, as a result, would negatively affect our net interest margin and our business. In addition, downgrades of our credit ratings could increase the possibility of additional terms and conditions being added to any additional financing or refinancing arrangements in the future. Any such adverse development could adversely affect our business, financial condition and results of operations. A large number of our branches are located in southern India and any downturn in the economy of southern India or adverse change in consumer preferences in that region could adversely affect our results of operations 14. If we are unable to manage the level of NPAs in our Loan Assets, our financial position and results of operations may suffer.: Our Gross NPAs as a percentage of Total Loan Assets were 1.86 % and 2.27 % as of March 31, 2011 and March 31, 2010 respectively, while our Net NPAs as a percentage of Net Loan Assets were 0.43 % and 0.71 % as of March 31, 2011 and March 31, 2010, respectively. We cannot be sure that we will be able to improve our collections and recoveries in relation to our NPAs or otherwise adequately control our level of NPAs in future. Moreover, as our loan portfolio matures, we may experience greater defaults in principal and/or interest repayments. Thus, if we are not able to control or reduce our level of NPAs, the overall quality of our loan portfolio may deteriorate and our results of operations may be adversely affected. Furthermore, our current provisions may not be adequate when compared to the loan portfolios of other financial institutions. Moreover, there also can be no assurance that there will be no further deterioration in our provisioning coverage as a percentage of Gross NPAs or otherwise, or that the percentage of NPAs that we will be able to recover will be similar to our past experience of recoveries of NPAs. In the event of any further deterioration in our NPA portfolio, there could be an even greater, adverse impact on our results of operations. 15. A decline in our capital adequacy ratio could restrict our future business growth. : As per RBI notification dated February 17, 2011, all deposit taking NBFCs have to maintain a minimum capital adequacy ratio, consisting of Tier I and Tier II capital, which shall not be less than 15.00% of its aggregate risk weighted assets on balance sheet and risk adjusted value of off-balance sheet items w.e.f. March 31, 2012. Our capital adequacy ratio computed on the basis of applicable RBI requirements was 20.53 % as of March 31, 2011, with Tier I capital comprising 16.36 %. If we continue to grow our loan portfolio and asset base, we will be required to raise additional Tier I and Tier II capital in order to continue to meet applicable capital adequacy ratios with respect to our business. There can be no assurance that we will be able to raise adequate additional capital in the future on terms favorable to us or at all and this may adversely affect the growth of our business. 16. System failures or inadequacy and security breaches in computer systems may adversely affect our business.: Our business is increasingly dependent on our ability to process, on a daily basis, a large number of transactions. Our financial, accounting or other data processing systems may fail to operate adequately or become disabled as a result of events that are wholly or partially beyond our control including a disruption of electrical or communications services. Our ability to operate and remain competitive will depend in part on our ability to maintain and upgrade our information technology systems on a timely and cost-effective basis. The information available to and received by our management through our existing systems may not be timely and sufficient to manage risks or to plan for and respond to changes in market conditions and other developments in our operations. We may experience difficulties in upgrading, developing and expanding our systems quickly enough to accommodate our growing customer base and range of products. Our operations also rely on the secure processing, storage and transmission of confidential and other information in our computer systems and networks. Our computer systems, software and networks may be vulnerable to unauthorized access, computer viruses or other malicious code and other events that could compromise data integrity and security. Any failure to effectively maintain or improve or upgrade our management information systems in a timely manner could materially and adversely affect our competitiveness, financial position and results of operations. Moreover, if any of these systems do not operate properly or are disabled or if there are other shortcomings or failures in our internal processes or systems, it could affect our operations or result in financial loss, disruption of our businesses, regulatory intervention or damage to our reputation. In addition, our ability to conduct business may be adversely impacted by a disruption in the infrastructure that supports our businesses and the localities in which we are located. 17. We may not be able to maintain our current levels of profitability due to increased costs or reduced spreads.: Our business strategy involves a relatively high level of ongoing interaction with our customers. We believe that this involvement is an important part of developing our relationship with our customers, identifying new crossselling opportunities and monitoring our performance. However, this level of involvement also entails higher levels of costs and also requires a relatively higher gross spread, or margin, on the finance products we offer in order to maintain profitability. There can be no assurance that we will be able to maintain our current levels of profitability if the gross spreads on our finance products were to reduce substantially, which could adversely affect our results of operations. 18. As part of our business strategy we assign or securitize a substantial portion of our Loan Assets to banks and other institutions. Any deterioration in the performance of any pool of receivables assigned or securitized to banks and other institutions may adversely impact our financial performance.: As part of our means of raising and/or managing our funds, we assign or securitize a substantial portion of the receivables from our loan portfolio to banks and other institutions. Such assignment or securitization transactions are conducted on the basis of our internal estimates of our funding requirements, which may vary from time to time. In fiscal 2007, 2008, 2009, 2010 and 2011 we securitized/assigned assets of a book value of ` 80,493.74 lakhs, ` 75,781.80 lakhs, ` 88,844.37 lakhs, ` 30,000 lakhs, and ` 117,915.72 lakhs respectively. Any change in statutory and/regulatory requirements in relation to assignments or securitizations by financial institutions, including the requirements prescribed by RBI and the Government of India, could have an adverse impact on our assignment or securitization transactions. Any adverse changes in the policy and/or regulations in connection with securitization of assets by NBFCs and/or new circulars and/or directions IN THE NATURE OF FORM issued by the RBI in this regard, affecting NBFCs or the purchasers of assets, would affect the securitization market in general and our ability to securitise and/or assign our assets. We are also required to provide a credit enhancement for the securitization/assignment transactions by way of either fixed deposits or corporate guarantees and the aggregate credit enhancement amount outstanding as on March 31, 2011 was ` 15,436.40 lakhs by way of cash collateral. In the event a relevant bank or institution does not realize the receivables due under such Loan Assets, such bank or institution would have recourse to such credit enhancement, which could have a material adverse effect on our results of operations and financial condition. 19. We face asset-liability mismatches which could affect our liquidity and consequently may adversely affect our operations and profitability. : We face potential liquidity risks due to varying periods over which our assets and liabilities mature. As is typical for NBFCs, a portion of our funding requirements is met through short-term funding sources such as bank loans, working capital demand loans, cash credit, short term loans and commercial papers. However, each of our products differs in terms of the average tenor, average yield, average interest rates and average size of loan. The average tenor of our products may not match with the average tenor of our liabilities. Consequently, our inability to obtain additional credit facilities or renew our existing credit facilities, in a timely and cost-effective manner or at all, may lead to mismatches between our assets and liabilities, which in turn may adversely affect our operations and financial performance. Further, mismatches between our assets and liabilities are compounded in case of pre-payments of the financing facilities we grant to our customers. 20. Any change in control of our Promoters and/or any disassociation of our Company from the Shriram Group could adversely affect our operations and profitability. : As of June 31, 2011, SCL holds 50.99 % of the paid up share capital of our Promoter Shriram Retail Holdings Private Limited, (“SRHPL”), and the remaining shares in SRHPL were held by certain strategic investors. SEHPL and SRHPL hold 36.04% and 17.20% of the paid up share capital of our Company as on March 31, 2011, respectively. If SCL ceases to exercise control over SRHPL as a result of any transfer of shares or otherwise, our ability to derive any benefit from the brand name “Shriram” and our goodwill as a part of the Shriram Group of companies may be adversely affected, which in turn could adversely affect our business and results of operations. Any such change of control could also significantly influence our business policies and operations. We benefit in several ways from other entities under the Shriram Group. We leverage on the Shriram Group’s ecosystem to reach out to our prospective customers and our focus has been in maximizing our association with the “Shriram” brand name and the synergies offered by the infrastructure, of other entities in the Shriram Group. Our customer base over the years has comprised of customers of other entities in the Shriram Group. The large customer bases and wide-spread network of branches of entities such as Shriram Transport Finance Company Limited, (one of the largest organized asset financing NBFCs in India), and entities operating under the “Shriram Chits” brand name has continued to provide us with a large platform of target customers. Further, typically loans provided to chit depositors of Shriram Chits are partly or entirely secured by the deposits made with Shriram Chits. Accordingly, any disassociation of our Company from the Shriram Group and/or our inability to have access to the infrastructure provided by other companies in the Shriram Group could adversely affect our ability to attract customers and to expand our business, which in turn could adversely affect our goodwill, operations and profitability. 21. The trade mark/service mark and logo in connection with the “Shriram” brand which we use is licensed to us and consequently, any termination or non-renewal of such license may adversely affect our goodwill, operations and profitability. : Pursuant to a license agreement dated April 1, 2010 between our Company and Shriram Ownership Trust, (“SOT”) we are entitled to use the brand name “Shriram” and the associated mark. In this regard, our Company has to pay to SOT, 0.25% on the gross turnover of our Company for the first year of the license agreement. Royalty rates for the subsequent years will be decided mutually on or before April 1st of the respective financial years. Along with the royalty, our Company also is required to pay to SOT amounts by way of reimbursement of actual expenses incurred by SOT in respect of protection and defence of the Copyright. The agreement is valid for a period of three years from the date of execution thereof, subject to any pre-mature termination thereof by SOT in accordance with the terms and conditions of the agreement. In the event such license agreement is terminated or is not renewed or extended in the future, we may not be entitled to use the brand name “Shriram” and the associated mark in connection with our business operations. Consequently, we will not be able to derive the goodwill that we have been enjoying under the “Shriram” brand. Further, if the commercial terms and conditions including the consideration payable pursuant to the said agreement are revised unfavorably, our Company may be required to allocate larger portions of its profits and/or revenues towards such consideration, which would adversely affect our profitability. We operate in a competitive environment and we believe that our brand recognition is a significant competitive advantage to us. If the license and user agreement is not renewed or terminated, we may need to change our name, trade mark/service mark or the logo. Any such change could require us to incur additional costs and may adversely impact our goodwill, business prospects and results of operations. 22. We have certain contingent liabilities which may adversely affect our financial condition.: As of March 31, 2011, we had certain contingent liabilities not provided for, including the following: Guarantees issued by the company –` 6.81 lakhs Guarantees issued by others – ` 1,942.77 lakhs. For further information on such contingent liabilities, see Annexure VI to our Reformatted Consolidated Summary Financial Statements. In the event that any of these contingent liabilities materialize, our financial condition may be adversely affected. 23. We are involved in various legal and other proceedings that if determined against us could have a material adverse effect on our financial condition and results of operations. : We are currently involved in a number of legal proceedings arising in the ordinary course of our business. These proceedings are pending at different levels of adjudication before various courts and tribunals, primarily relating to civil suits and tax disputes. For further information relating to certain significant legal proceedings that we are involved in, please refer to the section titled “Pending Proceedings and Statutory Defaults” beginning on page 169 of the Prospectus. An adverse decision in these proceedings could materially and adversely affect our business, financial condition and results of operations. 24. We may have to comply with strict regulations and guidelines issued by regulatory authorities in India. : We are regulated principally by and have reporting obligations to the RBI. We are also subject to the corporate, taxation and other laws in effect in India. The regulatory and legal framework governing us may continue to change as India’s economy and commercial and financial markets evolve. In recent years, existing rules and regulations have been modified, new rules and regulations have been enacted and reforms have been implemented which are intended to provide tighter control and more transparency in India’s asset finance sector. Further, RBI may increase the minimum capital adequacy requirement for deposit taking NBFCs such as us. Compliance with many of the regulations applicable to our operations may involve significant costs and otherwise may impose restrictions on our operations. If the interpretation of the regulators and authorities varies from our interpretation, we may be subject to penalties and the business of our Company could be adversely affected. There can be no assurance that changes in these regulations and the enforcement of existing and future rules by governmental and regulatory authorities wil not adversely affect our business and future financial performance. 25. Our ability to assess, monitor and manage risks inherent in our business differs from the standards of some of our counterparts in India and in some developed countries.: We are exposed to a variety of risks, including liquidity risk, interest rate risk, credit risk, operational risk and legal risk. The effectiveness of our risk management is limited by the quality and timeliness of available data. Our hedging strategies and other risk management techniques may not be fully effective in mitigating our risks in all market environments or against all types of risk, including risks that are unidentified or unanticipated. Some methods of managing risks are based upon observed historical market behavior. As a result, these methods may not predict future risk exposures, which could be greater than the historical measures indicated. Other risk management methods depend upon an evaluation of information regarding markets, customers or other matters. This information may not in all cases be accurate, complete, current, or properly evaluated. Management of operational, legal or regulatory risk requires, among other things, policies and procedures to properly record and verify a number of transactions and events. Although we have established these policies and procedures, they may not be fully effective. Our future success will depend, in part, on our ability to respond to new technological advances and evolving NBFC and retail finance sector standards and practices on a cost-effective and timely basis. The development and implementation of such technology entails significant technical and business risks. There can be no assurance that we will successfully implement new technologies or adapt our transaction-processing systems to customer requirements or evolving market standards. 26. Our Promoters have significant control in our Company, which will enable them to influence the outcome of matters submitted to shareholders for approval, and their interests may differ from those of other holders of Equity Shares. : As of June 30, 2011, our Promoters SEHPL and SRHPL beneficially owned 36.04% and 17.20%, respectively, of our paid-up equity share capital. See “Capital Structure”. Our Promoters have the ability to control our business including matters relating to any sale of all or substantially all of our assets, the timing and distribution of dividends and the election or termination of appointment of our officers and directors. This control could delay, defer or prevent a change in control of our Company, impede a merger, consolidation, takeover or other business combination involving our Company or discourage a potential acquirer from making a tender offer or otherwise attempting to obtain control of our Company even if it is in our Company’s best interest. In addition, for so long as our Promoters continue to exercise significant control over our Company, it may influence the material policies of our Company in a manner that could conflict with the interests of our other shareholders. The Promoters may have interests that are adverse to the interests of our other shareholders and may take positions with which we or our other shareholders do not agree. 27. We have entered into certain related party transactions and may continue to do so in the future.: We have entered into transactions with related parties, within the meaning of AS 18 as notified by the Companies (Accounting Standards) Rules, 2006. These transactions include royalty paid to Shriram Ownership Trust pursuant to the ● ● 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS License Agreement dated April 1, 2010 between our Company and Shriram Ownership Trust in connection with the use conditions unfavorable to us, we may suffer a disruption in our operations or increased costs, or both, which may adversely of the brand name “Shriram” and the associated mark. For further information on our related party transactions please affect our business and results of operations. see the section titled “Financial Information”. Such transactions may give rise to current or potential conflicts of interest Risks Relating to the Utilization of Issue Proceeds with respect to dealings between us and such related parties. Additionally, there can be no assurance that any dispute 37. The fund requirement and deployment mentioned in the Objects of the Issue have not been appraised by that may arise between us and related parties will be resolved in our favor. any bank or financial institution.: We intend to use the proceeds of the Issue, after meeting the expenditures of and 28. Any failure by us to identify, manage, complete and integrate acquisitions, divestitures and other significant related to the Issue, for our various financing activities including lending and investments, subject to applicable statutory transactions successfully could adversely affect our results of operations, business and prospects. : As part and/or regulatory requirements, to repay our existing loans and our business operations including for our capital expenditure of our business strategy, we may acquire complementary companies or businesses, divest non-core businesses or and working capital requirements. For further details, please refer to the section titled “Objects of the Issue” beginning on assets, enter into strategic alliances and joint ventures and make investments to further our business. In order to pursue page 60 of the Prospectus. The fund requirement and deployment is based on internal management estimates and has this strategy successfully, we must identify suitable candidates for and successfully complete such transactions, some of not been appraised by any bank or financial institution. The management will have significant flexibility in applying the which may be large and complex, and manage the integration of acquired companies or employees. We may not fully realize proceeds received by us from the Issue. Further, as per the provisions of the Debt Regulations, we are not required to all of the anticipated benefits of any such transaction within the anticipated timeframe or at all. Any increased or unexpected appoint a monitoring agency and therefore no monitoring agency has been appointed for this Issue. costs, unanticipated delays or failure to achieve contractual obligations could make such transactions less profitable or unprofitable. Risks Relating to the NCDs Managing business combination and investment transactions requires varying levels of management resources, which may 38. Changes in interest rates may affect the price of our NCDs. : All securities where a fixed rate of interest is divert our attention from other business operations, may result in significant costs and expenses and charges to earnings. The offered, such as our NCDs, are subject to price risk. The price of such securities will vary inversely with changes in challenges involved in integration include: combining product offerings and entering into new markets in which we are not prevailing interest rates, i.e. when interest rates rise, prices of fixed income securities fall and when interest rates drop, experienced; consolidating and maintaining relationships with customers; consolidating and rationalizing transaction processes the prices increase. The extent of fall or rise in the prices is a function of the existing coupon, days to maturity and the and corporate and IT infrastructure; integrating employees and managing employee issues; coordinating and combining increase or decrease in the level of prevailing interest rates. Increased rates of interest, which frequently accompany administrative and other operations and relationships with third parties in accordance with applicable laws and other obligations inflation and/or a growing economy, are likely to have a negative effect on the price of our NCDs. while maintaining adequate standards, controls and procedures; achieving savings from infrastructure integration; and 39. You may not be able to recover, on a timely basis or at all, the full value of the outstanding amounts and/ managing other business, infrastructure and operational integration issues. or the interest accrued thereon in connection with the NCDs. : Our ability to pay interest accrued on the NCDs and/ 29. Our success depends in large part upon our management team and key personnel and our ability to or the principal amount outstanding from time to time in connection therewith would be subject to various factors inter-alia attract, train and retain such persons.: Our ability to sustain our rate of growth depends significantly upon our ability including our financial condition, profitability and the general economic conditions in India and in the global financial to manage key issues such as selecting and retaining key managerial personnel, developing managerial experience to markets. We cannot assure you that we would be able to repay the principal amount outstanding from time to time on the address emerging challenges and ensuring a high standard of client service. In order to be successful, we must attract, NCDs and/or the interest accrued thereon in a timely manner or at all. Although our Company will create appropriate train, motivate and retain highly skilled employees, especially branch managers and product executives. If we cannot hire security in favour of the Debenture Trustee for the NCD holders on the assets adequate to ensure at least 100% asset additional qualified personnel or retain them, our ability to expand our business will be impaired and our revenue could cover for the NCDs, which shall be free from any encumbrances, the realizable value of the assets charged as security, decline. We will need to recruit new employees, who wil have to be trained and integrated into our operations. We wil also when liquidated, may be lower than the outstanding principal and/or interest accrued thereon in connection with the have to train existing employees to adhere properly to internal controls and risk management procedures. Failure to train and NCDs. A failure or delay to recover the expected value from a sale or disposition of the assets charged as security in motivate our employees properly may result in an increase in employee attrition rates, divert management resources and connection with the NCDs could expose you to a potential loss. subject us to incurring additional human resource related expenditure. Hiring and retaining qualified and skil ed managers are 40. If we do not generate adequate profits, we may not be able to maintain an adequate Debenture Redemption critical to our future, as our business model depends on our credit-appraisal and asset valuation mechanism, which are personnel- Reserve, (“DRR”) for the NCDs issued pursuant to the Prospectus.: Section 117C of the Act states that any driven operations. Moreover, competition for experienced employees in the finance sector can be intense. While we have an company that intends to issue debentures must create a DRR to which adequate amounts shall be credited out of the incentive structure and two employee stock option schemes namely, ESOP 2006 and ESOP 2008, designed to encourage profits of the company until the debentures are redeemed. The Ministry of Corporate Affairs has, through its circular dated employee retention, our inability to attract and retain talented professionals, or the resignation or loss of key management April 18, 2002, (“Circular”), specified that the quantum of DRR to be created before the redemption liability actually personnel, may have an adverse impact on our business and future financial performance. arises in normal circumstances should be ‘adequate’ to pay the value of the debentures plus accrued interest, (if not 30. We are exposed to fluctuations in the market values of our investment and other asset portfolio.: already paid), till the debentures are redeemed and cancelled. The Circular however further specifies that, for NBFCs like Recent turmoil in the financial markets has adversely affected economic activity globally, including in India. Continued our Company, (NBFCs which are registered with the RBI under Section 45-IA of the RBI Act), the adequacy of the DRR deterioration of the credit and capital markets could result in volatility of our investment earnings and impairments to our will be 50% of the value of debentures issued through the public issue. Accordingly, our Company is required to create a investment and asset portfolio, which could negatively impact our financial condition and reported income. DRR of 50% of the value of debentures issued through the public issue. As further clarified by the Circular, the amount to 31. Our results of operations could be adversely affected by any disputes with our employees.: As of March be credited as DRR will be carved out of the profits of the company only and there is no obligation on the part of the 31, 2011, we employed 2,318 employees. Currently, none of our employees are members of any labor union. While we company to create DRR if there is no profit for the particular year. Accordingly, if we are unable to generate adequate believe that we maintain good relationships with our employees, there can be no assurance that we will not experience profits, the DRR created by us may not be adequate to meet the 50% of the value of the NCDs. This may have a bearing future disruptions to our operations due to disputes or other problems with our work force, which may adversely affect our on the timely redemption of the NCDs by our Company. business and results of operations. 41. Any downgrading in credit rating of our NCDs may affect the value of NCDs and thus our ability to raise 32. Our inability to obtain, renew or maintain our statutory and regulatory permits and approvals required to further debts.: The NCDs proposed to be issued under this Issue have been rated CARE AA by CARE for an amount of operate our business may have a material adverse effect on our business.: We require certain statutory and/or upto ` 75,000 Lakhs vide its letter dated July 14, 2011, and CRISIL AA-/Stable by CRISIL for an amount of upto ` 75,000 regulatory permits and approvals for our business. Our Company incorporated a wholly owned subsidiary namely Shriram Lakhs vide its letter dated July 14, 2011. The rating of the NCDs by CARE indicates high degree of safety regarding timely Housing Finance Limited in November 2010, with a view of entering the housing finance sector. We have applied to servicing of financial obligations and carrying very low credit risk. The rating of NCDs by CRISIL indicates high degree of National Housing Bank (wholly owned by the Reserve Bank of India), for a certificate of registration under the National safety regarding timely servicing of financial obligations. The ratings provided by CRISIL and/or CARE may be suspended, Housing Bank Act, 1987, to carry on business of a housing finance institution. Failure to obtain the same will adversely withdrawn or revised at any time by the assigning rating agency and should be evaluated independently of any other affect our proposed business in the housing finance sector. In the future, we will be required to renew such permits and rating. These ratings are not a recommendation to buy, sell or hold securities and investors should take their own decisions. approvals and obtain new permits and approvals for any proposed operations. There can be no assurance that the Please refer to page 28 for the rationale for the above ratings. relevant authorities will issue any of such permits or approvals in a timely manner or at all, and/or on favorable terms and 42. There is no active market for the NCDs on the stock exchanges. As a result the liquidity and market prices conditions. Failure by us to comply with the terms and conditions to which such permits or approvals are subject, and/or of the NCDs may fail to develop and may accordingly be adversely affected.: There can be no assurance that an to renew, maintain or obtain the required permits or approvals may result in the interruption of our operations and may active market for the NCDs will develop. If an active market for the NCDs fails to develop or be sustained, the liquidity and have a material adverse effect on our business, financial condition and results of operations. market prices of the NCDs may be adversely affected. The market price of the NCDs would depend on various factors 33. We are subject to supervision and regulation by the RBI as a deposit-taking NBFC, and changes in RBI’s inter alia including (i) the interest rate on similar securities available in the market and the general interest rate scenario regulations governing us could adversely affect our business.: We are subject to the RBI’s guidelines on financial in the country, (ii) the market price of our Equity Shares, (iii) the market for listed debt securities, (iv) general economic regulation of NBFCs, including capital adequacy, exposure and other prudential norms. The RBI also regulates the credit conditions, and, (v) our financial performance, growth prospects and results of operations. The aforementioned factors flow by banks to NBFCs and provides guidelines to commercial banks with respect to their investment and credit exposure may adversely affect the liquidity and market price of the NCDs, which may trade at a discount to the price at which you norms for lending to NBFCs. The RBI’s regulations of NBFCs could change in the future which may require us to restructure purchase the NCDs and/or be relatively illiquid. our activities, incur additional costs or could otherwise adversely affect our business and our financial performance. The 43. There may be a delay in making refunds to applicants.: We cannot assure you that the monies refundable to RBI, from time to time, amends the regulatory framework governing NBFCs to address, inter-alia, concerns arising from you, on account of (a) withdrawal of your applications, (b) our failure to receive minimum subscription in connection with certain divergent regulatory requirements for banks and NBFCs. Pursuant to two notifications dated December 6, 2006, the Base Issue, (c) withdrawal of the Issue, or (d) failure to obtain the final approval from the NSE and/or BSE for listing (Notifications No. DNBS. 189 / CGM (PK)-2006 and DNBS.190 / CGM (PK)-2006), the RBI amended the NBFC Acceptance of the NCDs, will be refunded to you in a timely manner. We however, shall refund such monies, with the interest due and of Public Deposits (Reserve Bank) Directions, 1998, reclassifying deposit taking NBFCs, such as us. We are also subject payable thereon as prescribed under applicable statutory and/or regulatory provisions. to the requirements of the Non Banking Financial (Deposit Accepting or Holding) Companies Prudential Norms (Reserve B. EXTERNAL RISK FACTORS Bank) Directions, 2007, issued by the RBI on February 22, 2007, as amended. The laws and regulations governing the 44. Our two-wheeler and other vehicle loans businesses are dependent on the automobile and transportation banking and financial services industry in India have become increasingly complex and cover a wide variety of issues industry in India.: Our two-wheeler and other vehicle loans businesses to a large extent depend on the continued such as interest rates, liquidity, securitization, investments, ethical issues, money laundering and privacy. In some cases, growth in the automobile and transportation industry in India, which are influenced by a number of extraneous factors there are overlapping regulations and enforcement authorities. Moreover, these laws and regulations can be amended, which are beyond our control, inter-alia including (a) the macroeconomic environment in India, (b) the demand for supplemented or changed at any time such that we may be required to restructure our activities and incur additional transportation services, (c) natural disasters and calamities, and (d) changes in regulations and policies in connection expenses to comply with such laws and regulations, which could materially and adversely affect our business and our with motor vehicles. Such factors may result in a decline in the sales or value of new and pre-owned vehicles. Correspondingly, financial performance. For instance, RBI has vide recent circular dated May 3, 2011 clarified that bank finance to NBFCs the demand for availing finance for new and pre-owned vehicles may decline, which in turn may adversely affect our financial would not be classified as priority sector lending, which has affected profitability of NBFCs engaged in money lending condition and the results of our operations. Further, the ability of vehicle owners and/or operators to perform their obligations activities. Compliance with many of the regulations applicable to our operations in India and/or outside India, including under existing financing agreements may be adversely affected if their businesses suffer as a result of the aforesaid factors. any restrictions on investments, lending and other activities currently being carried out by our Company, involves a 45. Our loans to the small enterprises is dependent on the performance of the small enterprises sector in number of risks, particularly in areas where applicable regulations may be subject to varying interpretations. If the India, competition from public sector banks and financial institutions and other NBFCs, and government interpretation of the regulators and authorities varies from our interpretation, we may be subject to penalties and our policies and statutory and/or regulatory reforms in the small enterprises finance sector.: As on March 31, 2011, business could be adversely affected. We are also subject to changes in Indian laws, regulations and accounting principles 24 % of our Assets Under Management were represented by loans to the small enterprises segment. In recognition of the and practices. There can be no assurance that the laws governing the Indian financial services sector will not change in contribution and vast potential of the small enterprises finance sector in the economy, provision of adequate credit to this the future or that such changes or the interpretation or enforcement of existing and future laws and rules by governmental sector continues to be an important element of banking policy, particularly after the initiation of structural reforms in 1991. and regulatory authorities will not adversely affect our business and future financial performance. According to the Ministry of Finance, Government of India, small and medium enterprises sector contribute about 40% of 34. Our insurance coverage may not adequately protect us against losses.: We maintain such insurance coverage that total manufacturing and 34% of total exports and is crucial to India’s economic growth, employment generation and we believe is adequate for our operations. Our insurance policies, however, may not provide adequate coverage in certain entrepreneurial development, (Source: Ministry Website). The Government of India has from time to time taken economic circumstances and are subject to certain deductibles, exclusions and limits on coverage. We maintain general liability insurance policy initiatives to promote this sector and enhance credit to small and medium enterprises. Some of the initiatives of the coverage including coverage for errors or omissions. We cannot, however, assure you that the terms of our insurance policies Government towards MSME financing include setting up of credit guarantee fund trust for small industries, risk sharing facility, wil be adequate to cover any damage or loss suffered by us or that such coverage wil continue to be available on reasonable venture capital funding, micro credit, etc. The small enterprises finance sector currently is catered to largely by public sector terms or wil be available in sufficient amounts to cover one or more large claims or that the insurer wil not disclaim coverage banks, public financial institutions and local unorganized private financiers. Any change in statutory and/or regulatory requirements as to any future claim. A successful assertion of one or more large claims against us that exceeds our available insurance in connection with the small enterprises finance sector, change in government policies, slow down in liberalization and reforms coverage or changes in our insurance policies including premium increases or the imposition of a larger deductible or co- affecting the sector could affect the performance of small enterprises, which would affect the demand for finance in this sector, insurance requirement could adversely affect our business, financial condition and results of operations. which in turn would affect the results of our operations from loans to the small enterprises finance sector. Further, progressive 35. There is ambiguity on whether or not NBFCs are required to comply with the provisions of state money lending reforms, policy, statutory and/regulatory provisions in connection with the sector could enable easier access to finance to small laws, which if interpreted unfavorably by statutory/regulatory authorities or courts of law could adversely affect enterprises from banks, NBFCs and other financial institutions which in turn could result in increased competition for our our operations and profitability.: There is ambiguity on whether or not NBFCs are required to comply with the provisions of Company in relation to loans issued to small enterprises. Our inability to manage such competition could adversely affect our state money lending laws that establish ceilings on interest rates. We also carry out operations in several states such as Andhra results of operations from loans to the small enterprises finance sector. Pradesh, Tamil Nadu, Madhya Pradesh, and Maharashtra, where there are money lending statutes in operation. The relevant 46. Increase in competition from our peer group in the finance sector may result in reduction of our market state money lending statutes provide penalties for non-compliance with such statutes, including civil and criminal consequences. share, which in turn may adversely affect our profitability.: We have been increasingly facing competition from In the event that the government of any state in India requires us to comply with the provisions of their respective state money domestic and foreign banks and NBFCs in each of our lines of businesses. Some of our competitors are very aggressive lending laws or imposes any penalty against us, our Directors or our officers, including for prior non-compliance, our business, in underwriting credit risk and pricing their products and may have access to funds at a lower cost, wider networks and results of operations and financial condition may be adversely affected. greater resources than our Company. Our financial condition and results of operations are dependent on our ability to 36. We do not own most of our branch offices and our registered office. Any failure on our part to execute and/ obtain and maintain low cost funds and to provide prompt and quality services to our customers. If our Company is unable or renew leave and license agreements and/or lease deeds in connection with such offices or failure to locate to access funds at a cost comparable to or lower than our competitors, we may not be able to offer loans at competitive alternative offices in case of termination of the leases and/or leave and license arrangements in connection interest rates to our customers. While our Company believes that it has historically been able to offer competitive interest with any branch could adversely affect our operations and profitability.: Our Registered Office and most of our rates on the loans extended to our customers, there can be no assurance that our Company will be able to continue to do branches are located on leased and/or licensed premises. If any of the owners of these premises does not renew an so in the future. An increase in competition from our peer group may result in a decline in our market share, which may in agreement under which we occupy the premises or if any of the owners seeks to renew an agreement on terms and turn result in reduced incomes from our operations and may adversely affect our profitability. ● ● ● ● ● ● ● SHRIRAM CITY UNION FINANCE LIMITED 7 IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS 47. Our growth depends on the sustained growth of the Indian economy. An economic slowdown in India and abroad could have a direct impact on our operations and profitability. : Macroeconomic factors that affect the Indian economy and the global economic scenario have an impact on our business. The quantum of our disbursements is driven by the growth in demand for vehicles, capital by small enterprises and loans by individuals. Any slow down in the Indian economy may have a direct impact on our disbursements and a slowdown in the economy as a whole can increase the level of defaults thereby adversely impacting our Company’s profitability, the quality of its portfolio and growth plans. 48. Political instability or changes in the government could delay further liberalization of the Indian economy and adversely affect economic conditions in India generally, which could impact our business.: Since 1991, the Government has pursued a policy of economic liberalization, including significantly relaxing restrictions on the private sector. There can be no assurance that these liberalization policies wil continue in the future as well. The rate of economic liberalization could change and specific laws and policies affecting financial services companies, foreign investment, currency exchange rates and other matters affecting investments in Indian companies could change as well. A significant slowdown in India’s economic liberalization and deregulation policies could disrupt business and economic conditions in India, thus affecting our business. Any political instability in the country, including any change in the Government, could material y impact our business adversely. 49. Civil unrest, terrorist attacks and war would affect our business.: Terrorist attacks and other acts of violence, war or conflicts, particularly those involving India, as well as the United States of America, the United Kingdom, Singapore and the European Union, may adversely affect Indian and global financial markets. Such acts may negatively impact business sentiment, GENERAL INFORMATION Shriram City Union Finance Limited: Date of Incorporation: March 27, 1986. Our Company was incorporated as a private limited company under the provisions of the Act. Subsequently, our Company became a public limited company pursuant to a fresh certificate of incorporation dated April 10, 1990. Registered Office: 123, Angappa Naicken Street, Chennai, Tamil Nadu - 600 001. Corporate Office: 221, Royapettah High Road, Mylapore, Chennai, Tamil Nadu – 600 004 Tel.: + 91 44 4391 5300; Fax: +91 44 4391 5351. Registration: Corporate Identification Number: L65191TN1986PLC012840 issued by the Registrar of Companies, Chennai, Tamil Nadu. Our Company holds a certificate of registration dated April 17, 2007, bearing registration no. 0700458 issued by the RBI to carry on the activities of a NBFC under section 45 IA of the RBI Act, 1934. Impersonation : As a matter of abundant precaution, attention of the investors is specifically drawn to the provisions of sub-section (1) of section 68A of the Act, relating to punishment for fictitious applications. Minimum Subscription: Please refer General Instructions no. 6 Credit Rating and Rationale:The NCDs proposed to be issued under this Issue have been rated CARE AA by CARE for an amount of upto ` 75,000 Lakhs vide its letter dated July 14, 2011, and CRISIL AA-/Stable by CRISIL for an amount of upto ` 75,000 Lakhs vide its letter dated July 14, 2011. The rating of the NCDs by CARE indicates high degree of safety regarding timely servicing of financial obligations and carrying very low credit risk. The rating of NCDs by CRISIL indicates high degree of safety regarding timely servicing of financial obligations. For further details please refer to the Prospectus. Issue Programme: The subscription list for the Issue shall remain open for subscription at the commencement of banking hours and shall close at the close of banking hours on the dates indicated below or earlier or on such date, as may be decided at the discretion of the Board of Directors or any committee of the Board of Directors of our Company subject to necessary approvals ISSUE OPENS ON : AUGUST 11, 2011 ISSUE CLOSES ON : AUGUST 27, 2011 The subscription list for the Issue shall remain open for subscription at the commencement of banking hours and close at the close of banking hours on the dates indicated above or earlier or on such date as may be decided at the discretion of the Committee of Directors of our Company subject to necessary approvals. In the event of such early closure of subscription list of the Issue, our Company shall ensure that notice of such early closure is given on such early date of closure through advertisement/s in a leading national daily newspaper. CAPITAL STRUCTURE Details of share capital The share capital of our Company as on date of the Prospectus is set forth below: ` in Lakhs Share Capital AUTHORISED SHARE CAPITAL 60,000,000 Equity Shares of `10/- each 6,000.00 4000,000 Cumulative Redeemable Preference Shares of ` 100/- each 4,000.00 TOTAL 10,000.00 ISSUED 49,733,379 Equity Shares of ` 10 /- each 4, 973.33 SUBSCRIBED 49,733,379 Equity Shares of ` 10 /- each 4, 973.33 PAID-UP SHARE CAPITAL 49,733,379 Equity Shares of ` 10/- each 4,973.33 TOTAL 4, 973.33 NOTES : For further details, please refer to the section titled ‘Capital Structure’ page 49 of the Prospectus. Shareholding pattern as on June 30, 2011 : Please refer to the Prospectus. Objects Of The Issue: The funds raised through this Issue, after meeting the expenditures of and related to the Issue, will be used for our various financing activities including lending and investments, subject to applicable statutory and/or regulatory requirements, to repay our existing loans and our business operations including for our capital expenditure and working capital requirements. The Main Objects clause of the Memorandum of Association of our Company permits our Company to undertake the activities for which the funds are being raised through the present Issue and also the activities which our Company has been carrying on till date.Further, in accordance with the Debt Regulations, our Company will not utilize the proceeds of the Issue for providing loans to or acquisitions of shares of any person who is a part of the same group as our Company or who is under the same management as our Company. The Issue proceeds shall not be utilized towards full or part consideration for the purchase or any other acquisition, inter alia by way of a lease of any property. Further, the Company undertakes that Issue proceeds from NCDs allotted to banks shall not be used for any purpose which may be in contravention of the RBI guidelines on bank financing to NBFCs. For further details regarding the Objects of the Issue, Interim Use of Proceeds and Monitoring of Utilization of Funds, please refer to the Prospectus. STATEMENT OF TAX BENEFITS: Please refer to the Prospectus. Industry: Please refer to the page 65 of the Prospectus Our Business Overview: Our Company is a deposit-accepting NBFC registered with RBI, offering (i) financing for two wheelers, appliances and other commercial goods, (“Product Finance”), (ii) pre-owned and new vehicle loans, (iii) personal loans, (iv) loans against gold, and (v) loans to the small enterprise finance segment. According to the Frost and Sullivan report titled “Analysis of MSME Loan Markets for NBFCs – July 2011”, our Company is the largest small enterprise finance company in India. In the small loan segment (loans of ` 1 lakh -10 lakh) our Company has a dominant share of 95%. Our Company also leads the total Indian micro, small and medium enterprises market with 53 % share. Our Company was established in 1986 and we have a track record of twenty five years in the financial services sector in India. Since 2005 we have focused on the retail financing segment. Our Company has been registered as a deposit-taking NBFC with the RBI since September 4, 2000 under Section 45IA of the Reserve Bank of India Act, 1934. We are a part of the Shriram Group of companies which has a strong presence in financial services in India, including commercial vehicle financing, consumer finance, life and general insurance, stock broking, chit funds and distribution of financial products such as life and general insurance products and mutual fund products, as well as a growing presence in other businesses such as property development, engineering projects and information technology. We leverage on the Shriram Group’s ecosystem to reach out to our prospective customers and our focus has been in maximizing our association with the “Shriram” brand name and the synergies offered by the infrastructure, of other entities in the Shriram Group. Our customer base over the years has significantly comprised of customers of other entities in the Shriram Group. The large customer bases and wide-spread network of business outlets of entities such as, Shriram Transport Finance Company Limited, (one of the largest organized asset financing NBFCs in India), and entities operating under the “Shriram Chits” brand name, has continued to provide us with a large platform of target customers. Over the last 25 years our Company has established a pan-India presence, with 559 branches and 91 other business outlets as of March 31, 2011, across 17 states in India, with a significant presence in south India. As on March 31, 2011, our total employee strength was 2,318. We operate in a ‘hub-and spoke’ business model, where responsibilities from loan origination to recoveries of loans are vested in each of our business outlets, under the general supervision and control of our head office in Chennai. Our business outlet networks are interconnected and each business outlet is connected to our head office through an ERP platform developed by Take Solution Limited, Chennai. We have demonstrated consistent growth in our business and in our profitability. Our Assets Under Management have grown by a compounded annual growth rate, or CAGR, of 34.00% from ` 250,686.49 lakhs as of March 31, 2007 to ` 799,804.88 lakhs as of March 31, 2011. Our capital adequacy ratio as of March 31, 2011 computed 8 SHRIRAM CITY UNION FINANCE LIMITED which could adversely affect our business and profitability. India has from time to time experienced and continues to experience, social and civil unrest, terrorist attacks and hostilities with neighbouring countries. Also, some of India’s neighbouring countries have experienced or are currently experiencing internal unrest. This, in turn, could have a material adverse effect on the Indian economy and in turn may adversely affect our operations and profitability and the market for the NCDs. 50. Our business may be adversely impacted by natural calamities or unfavourable climatic changes. : India, Bangladesh, Pakistan, Indonesia, Japan and other Asian countries have experienced natural calamities such as earthquakes, floods, droughts and a tsunami in recent years. Some of these countries have also experienced pandemics, including the outbreak of avian flu. These economies could be affected by the extent and severity of such natural disasters and pandemics which could, in turn affect the financial services sector of which our Company is a part. Prolonged spells of abnormal rainfall, draught and other natural calamities could have an adverse impact on the economy, which could in turn adversely affect our business and the price of our NCDs. 51. Any downgrading of India’s sovereign rating by an international rating agency (ies) may affect our business and our liquidity to a great extent. : Any adverse revision to India’s credit rating for domestic and international debt by international rating agencies may adversely impact our ability to raise additional finances at favourable interest rates and other commercial terms. This could have an adverse effect on our growth, financial performance and our operations. PROMINENT NOTES 1. This is a public issue of NCDs by our Company aggregating upto ` 37,500 lakhs with an option to retain over-subscription on the basis of applicable RBI requirements was 20.53%, compared to the RBI stipulated minimum requirement of 12.00%. Our Tier I capital as of March 31, 2011 was v 119,419.00 lakhs. Our Gross NPAs as a percentage of Total Loan Assets were 1.86% as of March 31, 2011. Our Net NPAs as a percentage of Net Loan Assets was 0.43% as of March 31, 2011. For further details please refer to the Prosepctus. History, Main Objects And Key Agreements Brief background of our Company : Please refer to the Prospectus. Main objects of our Company : Please refer to the Prospectus. Our Management Board of Directors: Name, Designation, Age and DIN :Mr. Arun Duggal, Non Executive Non-Independent Chairman, Age: 64, DIN: 00024262; Mr. R. Kannan, Managing Director, Age:66, DIN: 00140363; Mr. Mukund Govind Diwan, Non Executive Independent Director, Age:79, DIN:00001097; Mr. S. Krishnamurthy, Non Executive Independent Director, Age:72, DIN: 00140414; Mr. Vipen Kapur, Non Executive Independent Director, Age:65, DIN: 01623192; Mr. S. Venkatkrishanan, Non Executive Non-Independent Director, Age:81, DIN: 00136608; Mr. Ranvir Dewan, Non-Executive Non Independent Director, Age; 57, DIN: 01254350; Mr.K.R. Ramamoorthy, Non-Executive Independent Director, Age:70, DIN:00058467; Ms. Lakshmi Pranesh, Non-Executive Independent Director, Age: 66, DIN: 03333412; Mr. Puneet Bhatia, Non-executive NonIndependent Director, Age:44, DIN: 00143973; Mr. G. S. Sundararajan, Non Executive Non-Independent Director, Age: 51, DIN: 00361030; Mr. Sunil Varma, Non Executive Independent Director, Age: 67, DIN: 01020611 Our Promoter Profile of our Promoters: A. Shriram Enterprise Holdings Private Limited: Shriram Enterprise Holdings Private Limited was incorporated as a private limited company under the Act on June 29, 1995, vide a certificate of incorporation issued by the ROC, Chennai, Tamil Nadu. The registered office of our Promoter is located at Mookambika Complex, No.4, Lady Desika Road, Mylapore, Chennai 600 004. Our Promoter is primarily engaged in the business of investment promotion including facilitating strategic investor or private equity investor or third parties to invest in our Company. Our Promoter has not been named or set out as a promoter of any other company in any offer document, filing with stock exchange(s) or with any regulatory and/or statutory authorities. Further, besides holding shares of our Company, our Promoter does not directly or indirectly hold shares in the share capital of any company. There are no common pursuits between our Company and our Promoter. B. Shriram Retail Holdings Private Limited: Shriram Retail Holdings Private Limited was incorporated as private limited companies under the Act on January 24, 2006 vide a certificate of incorporation issued by the ROC, Chennai, Tamil Nadu. The registered office of our Promoter is located at Mookambika Complex, No.4, Lady Desika Road, Mylapore, Chennai 600 004. Our Promoter is primarily engaged in the business of investment promotion including facilitating strategic investor or private equity investors or third parties to invest in our Company. Our Promoter has not been named or set out as a promoter of any other company in any offer document, filing with stock exchange(s) or with any regulatory and/or statutory authorities. Further, besides holding shares of our Company, our Promoter does not directly or indirectly hold shares in the share capital of any company. There are no common pursuits between our Company and our Promoter. For further details please refer to the 124 of the Prospectus. Our Subsidiary: As on the date of the Prospectus our Company has the following one subsidiary: Shriram Housing Finance Limited (“SHFL”). For further details please refer to the 123 of the Prospectus. FINANCIAL INFORMATION A. SUMMARY INFORMATION OF OUR UNCONSOLIDATED ASSETS AND LIABILITIES (`` in Lacs) Particulars As at March 31, 2011 2010 2009 2008 2007 Total Assets 941,198.76 624,814.20 544,160.10 378,854.15 222,119.98 Total Liabilities 819,991.48 524,813.87 473,185.86 333,874.36 187,226.36 Net Worth 121,207.28 100,000.33 70,974.24 44,979.79 34,893.62 B. SUMMARY INFORMATION OF OUR UNCONSOLIDATED PROFIT AND LOSS ACCOUNT (`` in Lacs) Particulars For the year ended March 31, 2011 2010 2009 2008 2007 A. Total Income 132,091.19 110,284.71 93,393.75 62,318.76 34,805.91 B. Total Expenditure 96,031.10 81,658.85 75,420.22 49,620.30 26,862.59 C. Net Profit Before Taxation (A-B) 36,060.09 28,625.86 17,973.53 12,698.46 7,943.32 D. Total Tax 12,001.24 9,200.00 6,272.76 3,934.96 2,781.16 E. Net Profit after Taxation (C-D) 24,058.85 19,425.86 11,700.77 8,763.50 5,162.16 Balance in Profit & Loss Account brought forward 22,730.09 12,003.01 8,412.03 4,471.38 2,264.35 F. Balance Available for Appropriations 46,788.94 31,428.87 20,112.80 13,234.88 7,426.51 G. Total Appropriations 10,676.63 8,698.78 8,109.79 4,822.85 2,955.13 H. Balance carried to Balance Sheet (F-G) 36,112.31 22,730.09 12,003.01 8,412.03 4,471.38 For futher details please refer to the Prospectus. LEGAL AND OTHER INFORMATION PENDING PROCEEDINGS And STATUTORY DEFAULTS : As on the date of the Prospectus, there are no defaults in meeting statutory dues, institutional dues, and towards holders of instrument like debentures, fixed deposits and arrears on cumulative preference shares, etc, by our Company or by public companies promoted by the same promoter and listed on stock exchange. For further details, please refer to the Prospectus. OTHER REGULATORY AND STATUTORY DISCLOSURES Authority for the Issue: At the meeting of the Board of Directors of our Company, held on March 24, 2011, the Directors approved the issue of NCDs to the public upto an amount not exceeding ` 75,000 lakhs. Prohibition by SEBI: Our Company, persons in control of our Company and/or our Promoter have not been restrained, prohibited or debarred by SEBI from accessing the securities market or dealing in securities and no such order or direction is in force. Further, no member of our promoter group has been prohibited or debarred by SEBI from accessing the securities market or dealing in securities due to fraud. Disclaimer Clause of the Stock Exchanges Disclaimer Clause of BSE: “BOMBAY STOCK EXCHANGE LIMITED (“THE EXCHANGE”) HAS GIVEN VIDE ITS LETTER DATED JULY 29, 2011, PERMISSION TO THIS COMPANY TO USE THE EXCHANGE’S NAME IN THIS OFFER DOCUMENT AS ONE OF THE STOCK EXCHANGES ON WHICH THE COMPANY’S SECURITIES ARE PROPOSED TO BE LISTED. THE EXCHANGE HAS SCRUTINIZED THIS OFFER DOCUMENT FOR ITS LIMITED INTERNAL PURPOSE OF DECIDING ON THE MATTER OF GRANTING THE AFORESAID PERMISSION TO THIS COMPANY. THE EXCHANGE DOES NOT IN ANY MANNER- a) WARRANT, CERTIFY OR ENDORSE THE CORRECTNESS OR COMPLETENESS OF ANY OF THE CONTENTS OF THIS OFFER DOCUMENT; b) WARRANT THAT THIS COMPANY’S SECURITIES WILL BE LISTED OR WILL CONTINUE TO BE LISTED ON THE EXCHANGE; OR c) TAKE ANY RESPONSIBILITY FOR THE FINANCIAL OR OTHER SOUNDNESS OF THIS COMPANY, ITS upto ` 37,500 lakhs for issuance of additional NCDs, aggregating to a total of ` 75,000 lakhs. 2. For details on the interest of our Company’s Directors, please refer to the sections titled “Our Management” and “Capital Structure” beginning on pages 111 and 49 of the Prospectus, respectively. 3. Our Company has entered into certain related party transactions, within the meaning of AS 18 as notified by the Companies (Accounting Standards) Rules, 2006, as disclosed in the section titled “Financial Information” beginning on page 130 of the Prospectus. 4. Any clarification or information relating to the Issue shall be made available by the Lead Managers, the Co-Lead Manager and our Company to the investors at large and no selective or additional information would be available for a section of investors in any manner whatsoever. 5. Investors may contact the Registrar to the Issue, Compliance Officer, the Lead Managers and the Co-Lead Manager for any complaints pertaining to the Issue. In case of any specific queries on allotment/refund, Investor may contact Registrar to the Issue. 6. In the event of oversubscription to the Issue, allocation of NCDs will be as per the “Basis of Allotment” set out on page 165 of the Prospectus. 7. Our Equity Shares are listed on the NSE and BSE. 8. Some of our privately placed non convertible debentures are listed in BSE. 9. As of March 31, 2011, we had certain contingent liabilities not provided for, including the following: Guarantees issued by the company – ` 6.81 lakhs; Guarantees issued by others – ` 1,942.77 lakhs; For further information on such contingent liabilities, see Annexure VI to our Reformatted Unconsolidated Summary Financial Statements. 10. For further information relating to certain significant legal proceedings that we are involved in, see “Pending Proceedings and Statutory Defaults” beginning on page 169 of the Prospectus. ● ● PROMOTERS, ITS MANAGEMENT OR ANY SCHEME OR PROJECT OF THIS COMPANY. AND IT SHOULD NOT FOR ANY REASON BE DEEMED OR CONSTRUED THAT THIS OFFER DOCUMENT HAS BEEN CLEARED OR APPROVED BY THE EXCHANGE. EVERY PERSON WHO DESIRES TO APPLY FOR OR OTHERWISE ACQUIRES ANY SECURITIES OF THE COMPANY MAY DO SO PURSUANT TO INDEPENDENT INQUIRY, INVESTIGATION AND ANALYSIS AND SHALL NOT HAVE ANY CLAIM AGAINST THE EXCHANGE WHATSOEVER BY REASON OF ANY LOSS WHICH MAY BE SUFFERED BY SUCH PERSON CONSEQUENT TO OR IN CONNECTION WITH SUCH SUBSCRIPTION/ACQUISITION WHETHER BY REASON OF ANYTHING STATED OR OMITTED TO BE STATED HEREIN OR FOR ANY OTHER REASON WHATSOEVER”. Disclaimer Clause of NSE : AS REQUIRED, A COPY OF THIS OFFER DOCUMENT HAS BEEN SUBMITTED TO NATIONAL STOCK EXCHANGE OF INDIA LIMITED (HEREINAFTER REFERRED TO AS NSE). NSE HAS GIVEN VIDE ITS LETTER REF.:NSE/LIST/141452-E DATED AUGUST 1, 2011 PERMISSION TO THE ISSUER TO USE THE EXCHANGE’S NAME IN THIS OFFER DOCUMENT AS ONE OF THE STOCK EXCHANGES ON WHICH THIS ISSUER’S SECURITIES ARE PROPOSED TO BE LISTED. THE EXCHANGE HAS SCRUTINIZED THIS DRAFT OFFER DOCUMENT FOR ITS LIMITED INTERNAL PURPOSE OF DECIDING ON THE MATTER OF GRANTING THE AFORESAID PERMISSION TO THIS ISSUER. IT IS TO BE DISTINCTLY UNDERSTOOD THAT THE AFORESAID PERMISSION GIVEN BY NSE SHOULD NOT IN ANY WAY BE DEEMED OR CONSTRUED THAT THE OFFER DOCUMENT HAS BEEN CLEARED OR APPROVED BY NSE; NOR DOES IT IN ANY MANNER WARRANT, CERTIFY OR ENDORSE THE CORRECTNESS OR COMPLETENESS OF ANY OF THE CONTENTS OF THIS OFFER DOCUMENT; NOR DOES IT WARRANT THAT THIS ISSUER’S SECURITIES WILL BE LISTED OR WILL CONTINUE TO BE LISTED ON THE EXCHANGE; NOR DOES IT TAKE ANY RESPONSIBILITY FOR THE FINANCIAL OR OTHER SOUNDNESS OF THIS ISSUER, ITS PROMOTERS, ITS MANAGEMENT OR ANY SCHEME OF PROJECT OF THIS ISSUER. EVERY PERSON WHO DESIRES TO APPLY FOR OR OTHERWISE ACQUIRE ANY SECURITIES OF THIS ISSUER MAY DO SO PURSUANT TO INDEPENDENT INQUIRY, INVESTIGATION AND ANALYSIS AND SHALL NOT HAVE ANY CLAIM AGAINST THE EXCHANGE WHATSOEVER BY REASON OF ANY LOSS WHICH MAY BE SUFFERED BY SUCH PERSON CONSEQUENT TO OR IN CONNECTION WITH SUCH SUBSCRIPTION/ ACQUISITION WHETHER BY REASON OF ANYTHING STATED OR OMITTED TO BE STATED HEREIN OR ANY OTHER REASON WHATSOEVER.” Disclaimer Clause of the RBI: THE COMPANY IS HAVING A VALID CERTIFICATE OF REGISTRATION DATED APRIL 17, 2007 ISSUED BY THE RESERVE BANK OF INDIA UNDER SECTION 45 IA OF THE RESERVE BANK OF INDIA ACT, 1934. HOWEVER, THE RBI DOES NOT ACCEPT ANY RESPONSIBILITY OR GUARANTEE ABOUT THE PRESENT POSITION AS TO THE FINANCIAL SOUNDNESS OF THE COMPANY OR FOR THE CORRECTNESS OF ANY OF THE STATEMENTS OR REPRESENTATIONS MADE OR OPINIONS EXPRESSED BY THE COMPANY AND FOR REPAYMENT OF DEPOSITS/ DISCHARGE OF LIABILITY BY THE COMPANY. Listing : The NCDs offered through the Prospectus are proposed to be listed on the NSE and BSE. Our Company has obtained an ‘in-principle’ approvals for the Issue from the NSE vide their letter dated August 1, 2011 and from BSE vide their letter dated July 29, 2011s. For the purposes of the Issue, NSE shall be the Designated Stock Exchange. If permissions to deal in and for an official quotation of our NCDs are not granted by NSE and/or BSE, our Company wil forthwith repay, without interest, all moneys received from the applicants in pursuance of the Prospectus. Our Company shall ensure that all steps for the completion of the necessary formalities for listing and commencement of trading at all the Stock Exchanges mentioned above are taken within 7 working days from the date of allotment. For the avoidance of doubt, it is hereby clarified that in the event of non subscription to any one or more of the Options, such NCDs with Option(s) shall not be listed. Consents: Please refer to the Prospectus Expert Opinion: Please refer to the Prospectus Common form of Transfer: Please refer to the Prospectus Minimum Subscription: Please refer to the Prospectus Filing of the Draft Prospectus: The Draft Prospectus has been filed with NSE on July 21, 2011 and with BSE on July 22, 2011 in terms of Regulation 7 of the Debt Regulations for dissemination on their website(s). Debenture Redemption Reserve: Our Company shall credit adequate amounts of DRR, from its profits every year until such NCDs are redeemed. The amounts credited to DRR shall not be utilized by the company except for the redemption of the NCDs. For further details, please refer to the Prospectus. Issue Related Expenses: Please refer to the Prospectus. Underwriting : The Issue has not been underwritten. Public / Rights Issues: Our Company has not made any public or rights issuances in the last five years. Previous Issue : Please refer to the Prospectus. Stock Market Data : Please refer to the Prospectus. Revaluation of assets: Please refer to the Prospectus. Mechanism for redressal of investor grievances: The MoU between the Registrar to the Issue and our Company will provide for retention of records with the Registrar to the Issue for a period of at least three years from the last date of despatch of the Allotment Advice, demat credit and refund orders to enable the investors to approach the Registrar to the Issue for redressal of their grievances.All grievances relating to the Issue may be addressed to the Registrar to the Issue, giving full details such as name, address of the applicant, number of NCDs applied for, amount paid on application and the bank branch or collection centre where the application was submitted. The contact details of Registrar to the Issue are as follows: Integrated Enterprises (India) Limited, 2nd Floor, ‘Kences Towers’, No.1 Ramakrishna Street, North Usman Road, T Nagar, Chennai – 600 017, Tel: +91 44 2814 0801, +91 44 2814 0802, +91 44 2814 0803, Fax: +91 44 2814 2479 Email: scuf@iepindia.com, Investor Grievance Email: sureshbabu@iepindia.com, Website: www.iepindia.com, Contact Person: Mr. K. Balasubramanian / Mr. Sriram S, SEBI Registration No.: INR000000544 We estimate that the average time required by us or the Registrar to the Issue for the redressal of routine investor grievances will be 7 (seven) business days from the date of receipt of the complaint. In case of non-routine complaints and complaints where external agencies are involved, we will seek to redress these complaints as expeditiously as possible. Mr. C.R. Dash has been appointed as the Compliance Officer of our Company for this issue. The contact details of Compliance officer of our Company are as follows: Mr. C.R. Dash, 2 221, Royapettah High Road, Mylapore, Chennai – 600004, Tamil Nadu, Tel.: + 91 44 4391 5300, Fax: +91 44 4391 5351, Email: sect@shriramcity.in Change in Auditors of our Company during the last three years: There has been no change(s) in the statutory auditor of our company in the last 3 (three) financial years preceding the date of the Prospectus. Regulations And Policies: Please refer to the Prospectus. MATERIAL CONTRACTS AND DOCUMENTS FOR INSPECTION: Please refer to the Prospectus. Declaration: We, the Directors of the Shriram City Union Finance Limited, certify that all the relevant provisions of the Companies Act, 1956 and the guidelines issued by the Government of India or the guidelines issued by the Securities and Exchange Board of India established under Section 3 of the Securities and Exchange Board of India Act, 1992, as the case may be, have been complied with and no statement made in the Prospectus is contrary to the provisions of the Companies Act, 1956, the Securities and Exchange Board of India Act, 1992 or the rules made or guidelines issued thereunder, as the case may be. Yours faithfully On behalf of the Board of Directors of Shriram City Union Finance Limited: MR. ARUN DUGGAL, MR. R. KANNAN, MR. MUKUND GOVIND DIWAN, MR. S. KRISHNAMURTHY, MR. VIPEN KAPUR, MR. S. VENKATKRISHANAN, MR. RANVIR DEWAN, MR. K. R. RAMAMOORTHY , MRS. LAKSHMI PRANESH, MR. PUNEET BHATIA, MR.G.S. SUNDARAJAN, MR. SUNIL VARMA Place: Chennai Date: August 1, 2011 FOR FURTHER DETAILS, PLEASE REFER TO THE PROSPECTUS
