Description

Schedule of activities for Offer for Sale of 85 lakh shares of TWAMEV CONSTRUCTION AND INFRASTRUCTURE LIMITED on August 4-5, 2025.

Summary

BSE announces the detailed schedule for Offer for Sale (OFS) of TWAMEV CONSTRUCTION AND INFRASTRUCTURE LIMITED (TICL) shares. The OFS involves 85,00,000 shares with floor price of Rs. 30.00 per share, scheduled for August 4-5, 2025. Different investor categories have specific bidding windows and margin requirements.

Key Points

  • Offer Size: 85,00,000 shares (8.5 lakh reserved for retail investors)
  • Floor Price: Rs. 30.00 per share
  • Market Lot: 1 share, Tick Size: Rs. 0.01
  • Security Symbol: TICL, Security Code: 532738, ISIN: INE388G01026
  • Allocation Method: Price Priority Method
  • Multiple bidding allowed for retail investors

Trading Schedule

August 4, 2025 (T Day):

  • Institutional/Mutual Fund/Others/Non-Institutional Investors: 9:15 AM to 3:30 PM
  • Bid entry, modification and cancellation allowed

August 5, 2025 (T+1 Day):

  • Retail Investors (RI/RIC): 9:15 AM to 3:30 PM
  • Give up/Take up for institutional investors: Up to 7:30 AM
  • Un-allocated bidders from T Day can carry forward bids

Investor Categories and Requirements

Retail Investors (up to Rs. 2 lacs):

  • Categories: RI & RIC
  • Margin: 100% upfront
  • Bid Day: T+1, Settlement: T+2

Non-Institutional Investors:

  • Category: NII
  • Margin: 100% upfront
  • Bid Day: T, Settlement: T+1

Institutional Investors:

  • Categories: MF, IC, OTHS
  • Margin: 100% upfront or 0% margin option
  • Bid Day: T, Settlement: T+1

Platform Access URLs

Important Notes

  • Retail investors can bid in multiple categories (RI, RIC, NII)
  • If cumulative bid value exceeds Rs. 2 lacs across exchanges, RI and RIC bids become ineligible
  • Retail investors bidding in NII category not eligible for seller discounts
  • Cash and cash equivalents accepted as collateral

Impact Justification

Significant OFS of 85 lakh shares with specific bidding schedule and investor categories