Description
Schedule of activities for the acquisition window takeover offer for VIP Industries Ltd, opening November 3, 2025 and closing November 17, 2025, with an offer price of Rs. 388 per share for up to 3.71 crore equity shares.
Summary
BSE has announced the schedule for the Offer to Buy (Acquisition Window - Takeover) for VIP INDUSTRIES LTD (Symbol: VIPIND, Scrip Code: 507880, ISIN: INE054A01027). The offer will be open from Monday, November 3, 2025 to Monday, November 17, 2025. The offer price is Rs. 388 per share for up to 3,70,56,229 equity shares with a face value of Rs. 2.00 and market lot of 1.
Key Points
- Security: VIP INDUSTRIES LTD (VIPIND)
- Offer Size: Up to 3,70,56,229 equity shares
- Offer Price: Rs. 388.00 per share
- Face Value: Rs. 2.00
- Market Lot: 1
- ISIN: INE054A01027
- Scrip Code: 507880
- Trading members can bid for investors having shares in demat form
- UCC of investors must be registered/updated with correct PAN and category
Regulatory Changes
No regulatory changes. This is an operational notice for a takeover offer following existing OTB framework as per Exchange Notices No. 20150930-1 (September 30, 2015) and 20170203-29 (February 3, 2017).
Compliance Requirements
- Trading Members and Custodian Members must note the activity schedule
- Trading Members must ensure UCC of investors is registered/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 must refer to Exchange Notices No. 20150930-1 and 20170203-29 for operational instructions
Important Dates
| Activity | Period | Timing |
|---|---|---|
| Bid Offering Period | November 3-17, 2025 | 9:15 AM - 3:30 PM |
| Give-up/Take-up | November 3-14, 2025 | 9:15 AM - 3:30 PM |
| Give-up (Last Day) | November 17, 2025 | 9:15 AM - 3:30 PM |
| Take-up (Last Day) | November 17, 2025 | 9:15 AM - 4:00 PM |
| Opening Date | November 3, 2025 | - |
| Closing Date | November 17, 2025 | - |
Impact Assessment
Market Impact: Medium - affects shareholders of VIP Industries Ltd who hold approximately 3.71 crore shares eligible for the takeover offer.
Operational Impact: Trading members and custodians need to facilitate bidding through iBBS platform and RTRMS systems. Access will be available via both internet and leased line URLs.
Investor Categories: The offer is open to multiple investor categories including FII, Financial Institutions, Mutual Funds, Insurance Companies, Other QIBs, Companies, and Individuals.
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)
- Extranet: https://member.bseindia.com/ (Internet) / https://memberll.bseindia.com/ (Leased Line)
Contact Support: Multiple contact points provided for iBBS login/password issues and OTB module queries through Trading Operations and Listing Sales teams.
Impact Justification
Medium importance as it affects shareholders of VIP Industries Ltd who may wish to participate in the takeover offer. Impact is medium as it involves significant acquisition of up to 3.71 crore shares at a premium price through a structured acquisition window.