Description

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

Summary

BSE has announced the detailed schedule for the Offer for Sale (OFS) of TIMEX GROUP INDIA LTD shares. The OFS will be conducted over two days - December 29, 2025 (for IC/MF/OTH/NII) and December 30, 2025 (for RI/RIC/EMP). The base offer size is 45,09,250 shares with an oversubscription option of up to 45,09,250 additional shares, totaling 90,18,500 shares. The floor price is set at Rs 275.00 per share with allocation based on price priority method.

Key Points

  • Security: TIMEX GROUP INDIA LTD (Symbol: TIMEX, Code: 500414, ISIN: INE064A01026)
  • Total Offer Size: 90,18,500 shares (Base: 45,09,250 + Oversubscription: 45,09,250)
  • Retail Allocation: 10% of issue size (9,01,850 shares total including oversubscription)
  • Non-Retail Allocation: 81,16,650 shares (including oversubscription)
  • Floor Price: Rs 275.00 per share
  • Face Value: Rs 10 per share
  • Market Lot: 1 share
  • Tick Size: Rs 0.05
  • Allocation Method: Price Priority Method
  • Oversubscription Decision: Seller to intimate by 5 PM on December 29, 2025

Bidding Schedule

Day 1 - December 29, 2025 (T Day)

  • Investor Categories: IC (Insurance Company), MF (Mutual Fund), OTH (Others including FII, FI, Banks), NII (Non-Institutional Investors)
  • Bid Entry Period: 9:15 AM to 3:30 PM
  • Bid Modification/Cancellation: 9:15 AM to 3:30 PM

Day 2 - December 30, 2025 (T+1 Day)

  • Investor Categories: RI (Retail Investors), RIC (Retail Investors at Custodian), EMP (Employees)
  • Give up/Take up for 0% Margin Institutional Bids: Up to 7:30 AM
  • Bid Entry Period: 9:15 AM to 3:30 PM
  • Bid Modification/Cancellation: 9:15 AM to 3:30 PM
  • Available to: Unallocated bidders from T Day who choose to carry forward bids

Day 3 - December 31, 2025 (T+2 Day)

  • Give up/Take up: Up to 7:30 AM (for unallocated bidders from T+1)

Investor Categories and Margin Requirements

Retail Investors (RI & RIC)

  • Individual, HUF, NRI with bid value up to Rs 2 lakhs
  • Margin: 100% upfront
  • Collateral: Cash & Cash Equivalents
  • Bid Day: T+1 | Settlement: T+2

Employees (EMP)

  • Bid value up to Rs 5 lakhs
  • Margin: 100% upfront
  • Collateral: Cash & Cash Equivalents
  • Bid Day: T+1 | Settlement: T+2

Non-Institutional Investors (NII)

  • Includes Individual, HUF, NRI (bid value above Rs 2 lakhs), Trust, Body Corporates, PMS
  • Margin: 100% upfront
  • Collateral: Cash only
  • Bid Day: T or T+1* | Settlement: T+1 or T+2

Institutional Investors (MF, IC, OTHS)

  • Mutual Funds, Insurance Companies, Others (FII, FI, Banks)
  • Option 1: 100% upfront margin in Cash (Bid: T or T+1* | Settlement: T+1 or T+2)
  • Option 2: 0% margin in Cash (Bid: T or T+1* | Settlement: T+1 or T+2)

Platform Access URLs

iBBS Platform

RTRMS Platform

Extranet (Members & Custodians)

*For leased line URL access settings, refer to Exchange Circular No. 20170503-12

Important Dates

  • December 26, 2025: Circular notice date
  • December 29, 2025: Bidding opens for IC/MF/OTH/NII categories
  • December 29, 2025 by 5 PM: Seller to intimate oversubscription exercise decision
  • December 30, 2025 up to 7:30 AM: Give up/take up window for 0% margin institutional bids
  • December 30, 2025: Bidding opens for RI/RIC/EMP categories and unallocated T-day bidders
  • December 31, 2025 up to 7:30 AM: Give up/take up window for T+1 unallocated bidders

Impact Assessment

This OFS will provide liquidity for TIMEX GROUP INDIA LTD shares with a structured bidding process across different investor categories. Trading members and custodian members must ensure proper margin collection and bidding platform access for clients. The staggered bidding schedule allows retail and employee investors additional time compared to institutional investors. The oversubscription option could potentially double the offer size to 90.18 lakh shares, significantly impacting market supply. Members should prepare systems and client communications for the multi-day bidding process and ensure compliance with category-specific margin requirements.

Impact Justification

Scheduled OFS for TIMEX GROUP INDIA LTD with specific bidding timelines for different investor categories; impacts trading members and investors participating in the offer