Description

BSE announces demat auction for settlement 704 covering 82 securities across various scrips with specified quantities for auction.

Summary

BSE has published the list of securities for Demat Auction under Settlement No. 704 dated September 1, 2025. The auction includes 82 different scrips with varying quantities ranging from 1 share to 27,001 shares across diverse sectors and market capitalizations.

Key Points

  • Total of 82 securities listed for demat auction
  • Settlement number: 704
  • Auction date: September 1, 2025
  • Quantities range from 1 share (multiple scrips) to 27,001 shares (Vikas EcoTec)
  • Includes blue-chip stocks like HDFC Bank, Maruti Suzuki, Dr. Reddy’s Labs, and State Bank of India
  • Mix of large-cap, mid-cap, and small-cap securities

Securities Overview

High-Value Stocks in Auction

  • VIKAS ECOTECH: 27,001 shares
  • ORIENT GREEN: 18,000 shares
  • DR. REDDY’S LABS: 10,625 shares
  • ALSTONE TEXT: 6,551 shares
  • CUBICAL FINA: 3,305 shares

Notable Blue-Chip Stocks

  • HDFC BANK: 1 share
  • MARUTI SUZUKI: 2 shares
  • STATE BANK: 25 shares
  • BOSCH LTD: 5 shares
  • MPHASIS: 4 shares

Auction Process

Demat auction is conducted to resolve settlement obligations where securities are not delivered on the settlement date. Participants can bid for these securities through the auction mechanism.

Impact Assessment

The auction represents routine market operations to ensure settlement integrity. While individual quantities are relatively small for most blue-chip stocks, the diversity of securities indicates broader settlement issues across various market segments. The presence of high-quality stocks suggests potential arbitrage opportunities for market participants.

Impact Justification

Routine demat auction affecting multiple securities with moderate market impact