Description
Schedule of activities for the offer to buy acquisition window (takeover) of HYPERSOFT TECHNOLOGIES LIMITED shares, scheduled from October 20, 2025 to November 4, 2025.
Summary
BSE has announced the schedule of activities for the Offer to Buy – Acquisition Window (Takeover) of shares of HYPERSOFT TECHNOLOGIES LIMITED. The offer will be conducted from Monday, October 20, 2025 to Tuesday, November 4, 2025. The offer is for up to 42,25,442 equity shares at an offer price of Rs. 11.00 per share. Trading Members and Custodian Members can participate through the iBBS platform and RTRMS system during specified session timings.
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
- Offer Period: October 20, 2025 to November 4, 2025
- Bid Offering Period: 9:15 AM to 3:30 PM (October 20 to November 4, 2025)
- Give-up/Take-up Period: 9:15 AM to 3:30 PM (October 20 to November 3, 2025)
- Last Day Give-up: 9:15 AM to 3:30 PM (November 4, 2025)
- Last Day Take-up: 9:15 AM to 4:00 PM (November 4, 2025)
- Investors eligible: FII, Financial Institutions, Mutual Funds, Insurance Companies, Other QIBs, Other NIB, Companies, and Individuals
Regulatory Changes
No new regulatory changes. This circular follows existing OTB procedures as outlined in Exchange Notices No. 20150930-1 dated September 30, 2015 and 20170203-29 dated February 3, 2017.
Compliance Requirements
- Trading Members: Must ensure UCC of the investor is registered and/or updated with correct PAN Number and Category in the Exchange UCC database
- Trading Members: Can only bid for investors having shares in demat form
- Members and Custodians: Note that if no securities are accepted, no End of Issue files will be generated in Extranet
- Platform Access: Members must use iBBS platform (https://ibbs.bseindia.com/ or https://ibbsll.bseindia.com/) and RTRMS (https://rtrms.bseindia.com/ or https://rtrmsll.bseindia.com/)
- File Access: Extranet files for acceptance of bids available at https://member.bseindia.com/ or https://memberll.bseindia.com/ after confirmation from Merchant Banker/RTA post-issue closure
Important Dates
- Opening Date: Monday, October 20, 2025
- Closing Date: Tuesday, November 4, 2025
- Bid Offering Period: October 20, 2025 to November 4, 2025 (9:15 AM - 3:30 PM)
- Give-up/Take-up Period: October 20, 2025 to November 3, 2025 (9:15 AM - 3:30 PM)
- Last Day for Give-up: November 4, 2025 (9:15 AM - 3:30 PM)
- Last Day for Take-up: November 4, 2025 (9:15 AM - 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 at Rs. 11 per share represents a limited transaction value.
Operational Impact: Medium for Trading Members and Custodians who need to facilitate bidding for eligible investors holding HYPERSOFT shares in demat form. Members must ensure proper UCC registration and platform access.
Investor Impact: High for HYPERSOFT TECHNOLOGIES LIMITED shareholders who wish to participate in the takeover offer during the 16-day offer period.
Contact Information
For Login IDs and Password Reset:
- Trading Operations: 022-22728005, user.trdops@bseindia.com
For OTB Module Queries:
- Sandeep Pujari: 022-22728376, sandeep.pujari@bseindia.com
- Rushi Bhoir: 022-22728226, rushi.bhoir@bseindia.com
- Hormazdiar Mobedji: 022-22725626, hormazdiar.mobedji@bseindia.com
- Mangesh Tayde: 022-22728846, mangesh.tayde@bseindia.com
- Rinkesh Gaikwad: 022-22725046, rinkesh.gaikwad@bseindia.com
Impact Justification
Scheduled takeover offer for a specific company with defined bidding procedures. Important for shareholders and trading members of HYPERSOFT TECHNOLOGIES LIMITED but has limited broader market impact.