Description

Schedule of activities for INDOSOLAR LIMITED's offer for sale on August 7-8, 2025, including bid timings, investor categories, and settlement procedures.

Summary

BSE has announced the schedule of activities for the Offer for Sale (OFS) of INDOSOLAR LIMITED shares, scheduled for August 7-8, 2025. The OFS involves 12,50,000 shares with a floor price of Rs. 500.00 per share, using price priority allocation methodology.

Key Points

  • Security: INDOSOLAR LIMITED (Symbol: WAAREEINDO, Code: 533257)
  • Total offer size: 12,50,000 shares
  • Floor price: Rs. 500.00 per share
  • Retail allocation: 10% (1,25,000 shares) reserved for retail investors
  • Non-retail allocation: 11,25,000 shares
  • Market lot: 1 share, Tick size: Rs. 0.05
  • Face value: Rs. 10 per share

Trading Schedule

Day 1 (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

Day 2 (August 8, 2025) - T+1 Day:

  • Give up/Take up (institutional investors): Up to 7:30 AM
  • Bid entry for RI/RIC and unallocated bidders: 9:15 AM to 3:30 PM
  • Bid modification and cancellation: 9:15 AM to 3:30 PM

Settlement (August 11, 2025) - T+2 Day:

  • Final give up/take up: Up to 7:30 AM

Investor Categories and Requirements

Retail Investors (RI & RIC):

  • Bid value up to Rs. 2 lakhs
  • 100% upfront margin required
  • Cash and cash equivalents accepted
  • Bid day: T+1, Settlement: T+2

Non-Institutional Investors (NII):

  • Retail investors with bid value above Rs. 2 lakhs
  • 100% upfront margin required
  • Cash only
  • Bid day: T, Settlement: T+1

Institutional Investors (MF/IC/OTHS):

  • Option for 100% margin or 0% margin
  • Cash only
  • Bid day: T, Settlement: T+1

Platform Access URLs

Internet Access:

Leased Line Access:

Important Notes

  • Multiple bidding allowed for retail investors
  • Retail investors can bid in RI, RIC, and/or NII categories
  • Retail investors in NII category not eligible for seller discounts
  • If cumulative bid value exceeds Rs. 2 lakhs across exchanges, RI and RIC bids become ineligible
  • Price priority allocation methodology will be used

Impact Assessment

This OFS provides investment opportunity in INDOSOLAR LIMITED with structured approach for different investor categories. The two-day bidding schedule accommodates both institutional and retail participation with clear settlement timelines.

Impact Justification

Operational notice for specific OFS event affecting one stock with defined trading procedures