Description
BSE announces the schedule and details for India Cements Limited OFS on August 21-22, 2025, covering 2.01 crore shares with floor price of Rs 368.
Summary
BSE announces the Offer for Sale (OFS) schedule for India Cements Limited (INDIACEM) for August 21-22, 2025. The OFS comprises 2,01,12,330 shares with a floor price of Rs 368 per share, using price priority allocation methodology.
Key Points
- Offer Size: 2,01,12,330 shares (face value Rs 10)
- Floor Price: Rs 368 per share
- Retail Offer: 20,11,233 shares (10% reserved for retail investors)
- Non-Retail Offer: 1,81,01,097 shares
- Security Code: 530005, ISIN: INE383A01012
- Market Lot: 1 share, Tick Size: Rs 0.01
- Allocation Method: Price Priority Method
Trading Schedule
Day 1 (August 21, 2025 - T Day):
- Institutional/Mutual Fund/Others/NII bidding: 9:15 AM to 3:30 PM
- Bid modification and cancellation allowed during same hours
Day 2 (August 22, 2025 - T+1 Day):
- Give up/Take up for institutional 0% margin bids: Up to 7:30 AM
- Retail Investor (RI/RIC) bidding: 9:15 AM to 3:30 PM
- Unallocated T-day bidders can carry forward bids
Investor Categories
- Retail Investors (RI/RIC): Bid value up to Rs 2 lakh, 100% upfront margin, settlement T+2
- Non-Institutional Investors (NII): Above Rs 2 lakh retail bids, 100% margin, settlement T+1
- Institutional Investors: Mutual Funds, Insurance Companies, Others with 100% or 0% margin options
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 Dates
- August 21, 2025: Institutional/NII bidding day
- August 22, 2025: Retail investor bidding day and unallocated bid carry-forward
- August 25, 2025: Give up/Take up deadline for retail categories
Impact Assessment
The OFS of over 2 crore shares represents a significant equity offering that may impact India Cements’ stock price and trading volumes. Retail investors have dedicated allocation and separate bidding day, while institutional investors get priority access with flexible margin requirements.
Impact Justification
Large OFS of 2.01 crore shares may impact India Cements stock liquidity and price discovery