Description

Schedule and details for India Cements Limited OFS on August 21-22, 2025, with offer size of 2.01 crore shares at floor price of Rs 368.

Summary

BSE announces the live activities schedule for the Offer for Sale (OFS) of India Cements Limited shares on August 21-22, 2025. The OFS involves 2,01,12,330 shares with a floor price of Rs 368 per share, using price priority allocation method.

Key Points

  • Total offer size: 2,01,12,330 shares (ISIN: INE383A01012)
  • Floor price: Rs 368.00 per share
  • Retail allocation: 10% reserved for retail investors (20,11,233 shares)
  • Non-retail offer: 1,81,01,097 shares
  • Market lot: 1 share, Tick size: Rs 0.01
  • Face value: Rs 10 per share

Trading Schedule

Day 1 (August 21, 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

Day 2 (August 22, 2025) - T+1 Day:

  • Retail Investors (RI/RIC) bidding: 9:15 AM to 3:30 PM
  • Un-allocated bidders from T Day can carry forward bids
  • Give up/Take up for institutional 0% margin bids: Up to 7:30 AM

Investor Categories

Retail Investors (up to Rs 2 lacs):

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

Non-Institutional Investors:

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

Institutional Investors:

  • Categories: MF, IC, OTHS
  • Options: 100% margin or 0% margin
  • Settlement: T+1 (T+2 if carried forward)

Platform Access URLs

Important Conditions

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

Impact Assessment

This OFS represents a significant liquidity event for India Cements Limited, providing existing shareholders an exit opportunity while allowing new investors to acquire stakes. The two-day schedule accommodates different investor categories with specific timing for retail and institutional participants.

Impact Justification

Significant OFS event for India Cements with detailed bidding schedule affecting multiple investor categories