Description
Schedule of activities for Offer for Sale of 12.5 lakh shares of INDOSOLAR LIMITED on August 7-8, 2025 with floor price of Rs 500.
Summary
BSE has announced the schedule for Offer for Sale (OFS) of INDOSOLAR LIMITED shares totaling 12,50,000 shares scheduled for August 7-8, 2025. The OFS includes separate sessions for institutional/non-institutional investors (T day) and retail investors (T+1 day) with a floor price of Rs 500 per share.
Key Points
- Security: INDOSOLAR LIMITED (Symbol: WAAREEINDO, Code: 533257)
- Total offer size: 12,50,000 shares
- Retail allocation: 1,25,000 shares (10% reserved for retail investors)
- Non-retail allocation: 11,25,000 shares
- Floor price: Rs 500 per share (Face value Rs 10)
- Market lot: 1 share, Tick size: Rs 0.05
- Allocation methodology: Price Priority Method
- Bidding sessions on August 7 (IC/MF/OTH/NII) and August 8 (RI/RIC)
Trading Schedule
August 7, 2025 (T Day):
- Bid entry for IC/MF/OTH/NII: 9:15 AM to 3:30 PM
- Bid modification and cancellation: 9:15 AM to 3:30 PM
August 8, 2025 (T+1 Day):
- Give up/Take up (for institutional 0% margin bids): Up to 7:30 AM
- Bid entry for RI/RIC: 9:15 AM to 3:30 PM
- Bid modification and cancellation: 9:15 AM to 3:30 PM
August 11, 2025 (T+2 Day):
- Give up/Take up for retail bids: Up to 7:30 AM
Investor Categories
Retail Investors (RI & RIC):
- Bid value up to Rs 2 lakhs
- 100% upfront margin required
- Settlement: T+2
Non-Institutional Investors (NII):
- Includes retail investors with bid value above Rs 2 lakhs
- 100% upfront margin required
- Settlement: T+1 (T+2 if carried forward)
Institutional Investors (MF/IC/OTHS):
- Option for 100% margin or 0% margin bidding
- Settlement: T+1 (T+2 if carried forward)
Platform Access
- iBBS platform: https://ibbs.bseindia.com/ (Internet), https://ibbsll.bseindia.com/ (Leased Line)
- RTRMS: https://rtrms.bseindia.com/ (Internet), https://rtrmsll.bseindia.com/ (Leased Line)
- Member Extranet: https://member.bseindia.com/ (Internet), https://memberll.bseindia.com/ (Leased Line)
Important Notes
- Multiple bidding allowed for retail investors
- Retail investors can bid in RI, RIC, and/or NII categories
- If cumulative bid value exceeds Rs 2 lakhs across exchanges, RI and RIC category bids become ineligible
- Retail investors bidding in NII category not eligible for seller discount (if any)
- Un-allocated bidders from T day can carry forward bids to T+1 day
Impact Justification
Significant OFS of 12.5 lakh shares affecting trading members and investors with specific bidding schedules