Description

BSE announces the schedule for India Cements Limited OFS on August 21-22, 2025, covering 2.01 crore shares with floor price of Rs 368.

Summary

BSE has announced the detailed schedule for the Offer for Sale (OFS) of India Cements Limited shares scheduled for August 21-22, 2025. The OFS covers 2,01,12,330 shares with a floor price of Rs 368 per share, with separate schedules for institutional and retail investors.

Key Points

  • Total offer size: 2,01,12,330 shares of India Cements Limited (INDIACEM)
  • Floor price: Rs 368 per share
  • Security code: 530005, ISIN: INE383A01012
  • Retail allocation: 10% (20,11,233 shares) reserved for retail investors
  • Non-retail allocation: 1,81,01,097 shares
  • Price priority allocation methodology
  • Multiple bidding categories with different margin requirements

Trading Schedule

Day 1 (August 21, 2025):

  • Institutional/Mutual Fund/Others/Non-Institutional Investors bidding: 9:15 AM to 3:30 PM
  • Bid modification and cancellation allowed during same hours

Day 2 (August 22, 2025):

  • Retail Investors (RI/RIC) bidding: 9:15 AM to 3:30 PM
  • Unallocated bidders from Day 1 can carry forward bids
  • Give up/Take up period: Until 7:30 AM on August 25, 2025

Investor Categories

Retail Investors (up to Rs 2 lakhs):

  • Categories: RI & RIC
  • 100% upfront margin required
  • Settlement: T+2

Non-Institutional Investors:

  • 100% upfront margin
  • Settlement: T+1

Institutional Investors:

  • Options for 100% margin or 0% margin
  • Settlement: T+1

Platform Access

Important Dates

  • August 21, 2025: Institutional/Non-institutional bidding
  • August 22, 2025: Retail investor bidding
  • August 25, 2025: Final give up/take up deadline

Impact Assessment

This OFS represents a significant secondary market transaction for India Cements Limited, providing liquidity for existing shareholders while offering investment opportunities across different investor categories. The structured timeline ensures orderly market participation with appropriate risk management through margin requirements.

Impact Justification

Significant OFS activity for India Cements affecting trading operations and investor participation