Description

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

Summary

BSE announces the schedule for Offer for Sale (OFS) of TWAMEV CONSTRUCTION AND INFRASTRUCTURE LIMITED shares. The OFS will offer 85 lakh shares with floor price of Rs 30/- over two days - August 4-5, 2025. Trading will follow price priority allocation method with separate sessions for different investor categories.

Key Points

  • Total offer size: 85,00,000 shares of TWAMEV CONSTRUCTION (TICL)
  • Floor price: Rs 30.00 per share
  • Retail allocation: 8,50,000 shares (10% reserved)
  • Non-retail allocation: 76,50,000 shares
  • Market lot: 1 share, Tick size: Rs 0.01
  • Allocation methodology: Price Priority Method
  • ISIN: INE388G01026, Security Code: 532738

Trading Schedule

Day 1 (August 4, 2025) - T Day:

  • Institutional/Mutual Fund/Others/Non-Institutional bidding: 9:15 AM to 3:30 PM
  • Bid modification and cancellation allowed during same hours
  • Give up/Take up for institutional 0% margin bids: Next day until 7:30 AM

Day 2 (August 5, 2025) - T+1 Day:

  • Retail Investor bidding: 9:15 AM to 3:30 PM
  • Unallocated bidders from T day can carry forward bids
  • Bid modification and cancellation allowed during trading hours

Investor Categories

Retail Investors (RI/RIC):

  • Bid value up to Rs 2 lakhs
  • 100% upfront margin required
  • Settlement: T+2
  • Can bid in RI, RIC, and/or NII categories

Non-Institutional Investors (NII):

  • 100% upfront margin
  • Settlement: T+1 (T+2 if carried forward)

Institutional Investors (MF/IC/OTHS):

  • Options: 100% margin or 0% margin
  • Settlement: T+1 (T+2 if carried forward)

Platform Access

Important Conditions

  • Multiple bidding allowed
  • Retail investors bidding in NII category not eligible for seller discounts
  • If retail investor’s cumulative bid exceeds Rs 2 lakhs across categories, RI/RIC bids become ineligible
  • Cash and cash equivalents accepted as collateral for retail investors
  • Only cash accepted for other categories

Impact Justification

OFS activity affects specific stock trading with defined schedule and procedures