Description

Schedule of activities for Offer for Sale of TIMEX GROUP INDIA LTD shares on December 29-30, 2025, including bidding timings, allocation methodology, and investor categories.

Summary

BSE has announced the schedule for Offer for Sale (OFS) of TIMEX GROUP INDIA LTD shares scheduled for December 29-30, 2025. The OFS comprises a base offer size of 45,09,250 shares with an oversubscription option of another 45,09,250 shares (total 90,18,500 shares). The floor price is set at Rs. 275.00 per share with allocation following price priority method. Institutional and Non-Institutional investors bid on T Day (Dec 29), while Retail investors bid on T+1 Day (Dec 30).

Key Points

  • Security: TIMEX GROUP INDIA LTD (Symbol: TIMEX, Code: 500414, ISIN: INE064A01026)
  • Base Offer Size: 45,09,250 shares with oversubscription option of 45,09,250 shares
  • Total Maximum Shares: 90,18,500 shares
  • Floor Price: Rs. 275.00 per share
  • Face Value: Rs. 10 per share
  • Retail Reservation: 10% of issue size (4,50,925 base + 4,50,925 oversubscription = 9,01,850 total)
  • Non-Retail Offer: 40,58,325 base + 40,58,325 oversubscription = 81,16,650 total shares
  • Market Lot: 1 share
  • Tick Size: Rs. 0.05
  • Allocation Method: Price Priority Method
  • Seller to confirm oversubscription exercise by 5 PM on December 29, 2025

Regulatory Changes

No regulatory changes. This is an operational circular for a specific OFS event.

Compliance Requirements

For Trading Members and Custodian Members:

  • Note the OFS schedule and timings
  • Use designated URLs for accessing iBBS platform, RTRMS, and Extranet
  • Ensure appropriate margin requirements based on investor category
  • Process bids according to specified timelines for different investor categories

Investor Category Requirements:

  • Retail Investors (RI/RIC): Bid value up to Rs. 2 lakhs, 100% upfront margin in cash/cash equivalents
  • Employees (EMP): Bid value up to Rs. 5 lakhs, 100% upfront margin in cash/cash equivalents
  • Non-Institutional Investors (NII): 100% upfront margin in cash
  • Institutional Investors (MF/IC/OTHS): Options for 100% margin or 0% margin with cash collateral

Important Dates

December 29, 2025 (T Day - Monday):

  • Bid opening and closing for IC/MF/OTH/NII: 9:15 AM to 3:30 PM
  • Bid modification and cancellation: 9:15 AM to 3:30 PM
  • Seller to confirm oversubscription by 5:00 PM

December 30, 2025 (T+1 Day - Tuesday):

  • Give up/Take up for institutional 0% margin bids: Up to 7:30 AM
  • Bid opening and closing for RI/RIC/EMP: 9:15 AM to 3:30 PM
  • Bid modification and cancellation: 9:15 AM to 3:30 PM
  • Unallocated bidders from T Day can carry forward bids

December 31, 2025 (T+2 Day):

  • Give up/Take up deadline: Up to 7:30 AM
  • Settlement for various categories

Impact Assessment

Market Impact: Medium - The OFS involves up to 90.18 lakh shares of TIMEX GROUP INDIA LTD, which represents significant volume. The price discovery through bidding process may impact stock price.

Investor Impact: Investors across categories (retail, institutional, non-institutional, employees) can participate with differentiated timelines. Retail investors have dedicated access on T+1 day with 10% reservation, providing equitable opportunity.

Operational Impact: Trading members need to ensure systems are configured for the multi-day bidding process with different investor categories having separate timelines. Platform accessibility through both internet and leased line ensures redundancy.

Impact Justification

OFS event for specific stock affecting investors participating in the offering with defined timelines and procedures