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Embassy Office Parks REIT 17 July 2020 1 Type of Issue

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Embassy Office Parks REIT 17 July 2020 1 Type of Issue Name of the Issue: Embassy Office Parks REIT 17 July 2020 1 Type of Issue IPO of REITs 2 Issue Size (Rs. Cr) 4,749.996 - Fresh Issue Size (Rs. Cr) 4,749.996 - Offer for Sale Component (Rs. Cr) - Source: Final Post Issue Report 3 Grade of issue along with name of the rating agency Name Not Applicable Grade Not Applicable 4 Subscription Level (Number of times) 1.6952 Notes: 1) The above figure is post elimination of bids for which the amounts were not blocked/ returned but before technical rejections. Excluding strategic and anchor investors Source: Final Post Issue Report 5 QIB Holding (as a %age of Outstanding Units) as disclosed to Stock Exchanges Particulars %age (i) On Allotment (1) 16.34% (ii) at the end of 1st FY (March 31, 2020) (2) Not available (iii) at the end of 2nd FY (March 31, 2021) (2) Not available (iv) at the end of 3rd FY (March 31, 2022) (2) Not available Note: (1) This is from the Basis of allotment (including strategic, anchor and institutional investor) where units were under the Issue. This does not include unitholding of the Sponsor entities. (2) QIB holding not disclosed as reporting for the fiscal year/ period has not been completed 6 Financials of the issuer Parameters 1st FY (FY 2020) 2nd FY (FY 2021) (1) 3rd FY (FY 2022) (1) Net Sales/ Income from operations 21,449.22 Not available Not available Net Profit 7,655.34 Not available Not available Paid up Equity Share Capital 2,29,120.96 Not available Not available Reserves excluding revaluation reserves (5,943.12) Not available Not available (1) Financials not disclosed as reporting for the fiscal year has not been completed 7 Trading Status Particulars Status (i) at the end of 1st FY (FY 2020) Frequently (ii) at the end of 2nd FY (FY 2021) (1) Not applicable (iii) at the end of 3rd FY (FY 2022) (1) Not applicable (1) Trading status not disclosed as the fiscal year has not been completed 8 Change in Directors Particulars Name of the Director Appointed / Resigned During year ended March 31, 2020 Not applicable - During year ended March 31, 2021 Not applicable - During year ended March 31, 2022 Not applicable - 9 Status of implementation of project/ commencement of commercial production (i) As disclosed in the offer document Not applicable (ii) Actual implementation Not applicable (iii) Reasons for delay in implementation, if any Not applicable 10 Status of utilization of issue proceeds (i) As disclosed in the offer document (Rs. in crore) Amount to be funded from Particulars Total estimated costs the Net Proceeds Partial or full repayment or pre-payment of bank/ financial institution 3,710.00 3,710.00 debt of certain Asset SPVs and the Investment Entity Payment of consideration for acquisition of the Embassy One 468.19 468.19 Assets which were held by EODPL General corporate purposes 391.80 391.80 Total 4,570.00 4,570.00 (ii) Actual utilization (Rs. in crore) Amount to be funded from Amount utilized till Particulars the Net Proceeds September 30, 2019 Partial or full repayment or pre-payment of bank/ financial institution 3,710.00 3,710.00 Paymentdebt of certain of consideration Asset SPVs for and acquisition the Investment of the EmbassyEntity One 468.19 468.19 Assets which were held by EODPL General corporate purposes 391.80 391.80 Total 4,570.00 4,570.00 Source: Intimation dated October 21, 2019, under Paragraph 6.1 of Annexure B to SEBI Circular No. CIF/IMD/DF/146/2016 dated December 29, 2016 – Statement of use of proceeds of initial public issue. (iii) Reasons for deviation, if any Not applicable 11 Comments of monitoring agency, if applicable (a) Comments on use of funds Not Applicable (b) Comments on deviation, if any, in the use of proceeds of the Not Applicable issue from the objects stated in the offer document (c) Any other reservations expressed by the monitoring agency Not Applicable about the end use of funds 12 Pricing Data Issue Price (Rs.) Rs. 300 Designated Stock Exchange: NSE Listing Date April 1, 2019 As at the end of FY 2020 As at the end of FY 2021 (3) As at the end of FY 2022 (3) Close of 90th Close of 30th calendar day At close of listing day i.e. calendar day from Low (during the Price parameters from listing day (Apr 30, Closing price High (during the year) Closing price High Low Closing price High Low April 1, 2019 listing day (June 29, year) 2019) (1) 2019) (2) Not Market Price 314.67 320.42 365.27 350.74 479.99 313.09 Not Available Not Available Not Available Not Available Not Available Available Not NIFTY 50 11,669.15 11,748.15 11,865.60 8,597.75 12,362.30 7,610.25 Not Available Not Available Not Available Not Available Not Available Available Not Sectoral Index(4) Not Available Not Available Not Available Not Available Not Available Not Available Not Available Not Available Not Available Not Available Not Available Available (1) 30th calendar day shall be taken as listing date plus 29 calendar days (2) 90th calendar day shall be taken as listing date plus 89 calendar days. June 29, 2019 is a nontrading day and hence the next working day has been considered (3) Price information not disclosed as reporting for the fiscal year has not been completed (4) The Company is not part of any Sectoral Index 13 Basis for Issue Price As disclosed in the offer Accounting ratio As at the end 1st of FY 2020 As at the end 2nd of FY 2021 (4) As at the end 3rd of FY 2022 (4) document (1) Issuer: 376.00 285.53 Not Available Not Available NAV per unit Industry Avg: Not available Not Available Not Available Not Available Issuer: 0.80 1.23 Not Available Not Available Price/NAV per unit Industry Avg: Not available Not Available Not Available Not Available Notes: (1) Sourced from the Final Offer Document dated Mar 27, 2019. Disclosure is based on the consolidated financial information disclosed in the Final Offer Document for the period ending December 31, 2018 (2) NAV per unit - Net Asset Value per unit has been calculated based on Net Assets at Fair Value as at December 31, 2018 (3) Price/NAV per unit - Issue price/ Net Asset Value per unit (4) Not available as reporting for the relevant period has not been completed 14 Any other material information Date Particulars Embassy Office Parks REIThas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 23/04/2019 ,inter alia, to consider and approve Please be informed that the Meeting of the Debenture Committee of the Board of Directors of Embassy Office Parks Management Services Private 16-Apr-19 Limited, the Investment Manager of Embassy Office Parks REIT will be held on Tuesday, 23rd April, 2019 inter-alia to consider the issuance of Non-Convertible Debentures on Private Placement basis by the Embassy Office Parks REIT. Pursuant to the provisions of SEBI (Prohibition of Insider Trading) Regulations, 2015 (PIT Regulations) (as amended from time to time), the Board of Directors of the 16-Apr-19 Company (the Manager) has approved the Code of Practices and Procedures for fair disclosure of unpublished price sensitive information as a part of Code on unpublished price sensitive information and dealing in units by the parties to the Embassy REIT ('Insider Code' or 'Code'). Please be informed that the Debenture Committee of the Board of Directors of Embassy Office Parks Management Services Private Limited, Investment Manager of Embassy Office Parks REITwhich met today (April 23, 2019) has approved the issue of rupee denominated, listed, rated, secured, redeemable, non-convertible 23-Apr-19 debentures by the Embassy Office Parks REIT on a private placement basis for an aggregate amount of Rs. 3,650,00,00,000/- (Rupees Three Thousand Six Hundred and Fifty Crores only) split into Two Tranches i.e. Tranche A and Tranche B wherein Tranche A shall be for an aggregate amount of Rs. 3,000,00,00,000/- (Rupees Three Thousand Crores only) and Tranche B shall be for an aggregate amount of Rs. 650,00,00,000/- (Six Hundred and Fifty Crores only). Pursuant to Regulation 30(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Company hereby 24-Apr-19 inform you that Embassy Office Parks Management Services Private Limited, Investment Manager of Embassy Office Parks REIT will host a meeting with sell-side Research Analysts on April 24, 2019 in Mumbai. 30-Apr-19 Press Release: Embassy Office Parks Partners with Four Seasons Hotels & Resorts to launch Four Seasons at Embassy One Debenture Committee of the Board of Directors of Embassy Office Parks Management Services Private Limited, Investment Manager of Embassy Office Parks REIT at its meeting held on 3rd May 2019 has approved the allotment of 30,000 Secured NonConvertible Debentures of Rs.10,00,000/- (Rupees Ten Lakhs only) 3-May-19 each aggregating to Rs.3,000,00,00,000/- (Rupees Three Thousand Crores only) on a private placement basis under Tranche A. Pursuant to Regulation 30(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Company hereby 3-May-19 inform you that Embassy Office Parks Management Services Private Limited, Investment Manager of Embassy Office Parks REIT will host a meeting with sell-side Research Analysts and Investors on 3rd May 2019 in Bangalore.
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