Description

Schedule of activities for OFS of 85 lakh shares of TWAMEV CONSTRUCTION scheduled for August 4-5, 2025 on BSE.

Summary

BSE announces the schedule for Offer for Sale (OFS) of TWAMEV CONSTRUCTION AND INFRASTRUCTURE LIMITED (TICL) shares. The OFS involves 85 lakh shares with a floor price of Rs 30.00, scheduled for August 4-5, 2025. The offer includes 8.5 lakh shares (10%) reserved for retail investors and 76.5 lakh shares for non-retail investors.

Key Points

  • Security Details: TWAMEV CONSTRUCTION AND INFRASTRUCTURE LIMITED (Symbol: TICL, Code: 532738)
  • Total Offer Size: 85,00,000 shares
  • Retail Reservation: 8,50,000 shares (10% for retail investors)
  • Non-Retail Allocation: 76,50,000 shares
  • Floor Price: Rs 30.00 per share
  • Face Value: Rs 1.00 per share
  • Market Lot: 1 share
  • Allocation Method: Price Priority Method

Trading Schedule

  • T Day (August 4, 2025): Institutional/Mutual Fund/Others/Non-Institutional Investors bidding (9:15 AM - 3:30 PM)
  • T+1 Day (August 5, 2025): Retail Investors bidding and unallocated bidders from T Day (9:15 AM - 3:30 PM)
  • Give up/Take up: Available until 7:30 AM on T+1 and T+2 days for institutional investors with 0% margin bids

Investor Categories

  • Retail Investors (RI/RIC): Bid value up to Rs 2 lakhs, 100% upfront margin, settlement T+2
  • Non-Institutional Investors (NII): Above Rs 2 lakhs retail and other non-institutional, 100% upfront margin, settlement T+1
  • Institutional Investors (MF/IC/OTHS): Mutual funds, insurance companies, others with 100% or 0% margin options, settlement T+1

Important Dates

  • August 4, 2025: Institutional and Non-Institutional bidding day
  • August 5, 2025: Retail bidding day and carryforward bids
  • August 6, 2025: Settlement for retail investors (T+2)

Platform Access

Impact Assessment

The OFS represents a significant equity transaction with structured bidding across investor categories. The two-day process allows institutional investors priority access followed by retail participation, with multiple bidding options and carryforward provisions for unallocated bids.

Impact Justification

Significant OFS of 85 lakh shares with structured bidding process across investor categories