Description
BSE announces the schedule of activities for the Offer to Buy (Acquisition Window/Takeover) for HYPERSOFT TECHNOLOGIES LIMITED from October 20, 2025 to November 4, 2025.
Summary
BSE has announced the complete schedule for the Offer to Buy (Acquisition Window/Takeover) for HYPERSOFT TECHNOLOGIES LIMITED. The offer will be live from Monday, October 20, 2025 to Tuesday, November 4, 2025. Trading Members and Custodian Members can facilitate bids for up to 42,25,442 equity shares at an offer price of Rs. 11.00 per share through the iBBS and RTRMS platforms.
Key Points
- Security: HYPERSOFT TECHNOLOGIES LIMITED (Symbol: HYPERSOFT, ISIN: INE039D01014, Scrip Code: 539724)
- Offer Size: Up to 42,25,442 equity shares
- Offer Price: Rs. 11.00 per share (Face Value: Rs. 10.00)
- Market Lot: 1 share
- Offer Period: October 20, 2025 to November 4, 2025
- Bid Offering Period: 9:15 AM to 3:30 PM daily (9:15 AM to 4:00 PM for take-up on last day)
- Eligible Investors: FII, FI, MF, IC, Other QIBs, Other NIB, Company, Individual
- Platform Access: iBBS, RTRMS (via Internet and Leased Line)
Regulatory Changes
No regulatory changes. This circular provides operational instructions for an existing OTB framework as per Exchange Notices 20150930-1 (September 30, 2015) and 20170203-29 (February 3, 2017).
Compliance Requirements
- Trading Members: Must ensure investor UCC is registered/updated with correct PAN Number and Category in Exchange UCC database
- Bidding Restriction: Members can only bid for investors having shares in demat form
- File Access: End of Issue files will be available on Extranet only after confirmation from Merchant Banker/RTA post-issue closure
- No Files Generated: If no securities are accepted, no End of Issue files will be generated
Important Dates
| Event | Date | Time |
|---|---|---|
| Offer Opening Date | October 20, 2025 | 9:15 AM |
| Bid Offering Period | October 20 - November 4, 2025 | 9:15 AM - 3:30 PM |
| Give-up/Take-up Period | October 20 - November 3, 2025 | 9:15 AM - 3:30 PM |
| Give-up (Last Day) | November 4, 2025 | 9:15 AM - 3:30 PM |
| Take-up (Last Day) | November 4, 2025 | 9:15 AM - 4:00 PM |
| Offer Closing Date | November 4, 2025 | 4:00 PM |
Impact Assessment
Market Impact: Low - This is a company-specific takeover offer affecting only HYPERSOFT TECHNOLOGIES LIMITED shareholders. The offer size of 42.25 lakh shares represents a partial acquisition.
Operational Impact: Medium for Trading Members and Custodian Members facilitating the offer. They must ensure proper UCC registration, demat requirements, and platform access through iBBS/RTRMS systems.
Investor Impact: Medium for HYPERSOFT shareholders who wish to tender their shares at Rs. 11.00 per share during the 16-day offer window.
Contact Points Provided:
- Trading Operations: 022-22728005 (user.trdops@bseindia.com)
- Specific OTB Module Contacts: Sandeep Pujari, Rushi Bhoir, Hormazdiar Mobedji
- Listing Sales: Mangesh Tayde, Rinkesh Gaikwad
Impact Justification
Company-specific takeover offer affecting up to 42.25 lakh shares at Rs. 11 per share. Impact limited to HYPERSOFT shareholders and trading members facilitating the offer.