Description
BSE announces the live activity schedule for the Offer for Sale (OFS) of HMA Agro Industries Ltd shares, scheduled for April 9-10, 2026, with a floor price of Rs 18.00 and offer size of 3,31,81,173 shares.
Summary
BSE has issued the live activity schedule for the Offer for Sale (OFS) of shares of HMA Agro Industries Limited (Symbol: HMAAGRO, Code: 543929, ISIN: INE0ECP01024). The OFS is scheduled across two days: April 9, 2026 (T Day) for Institutional, Insurance, Mutual Fund, and Non-Institutional Investors, and April 10, 2026 (T+1 Day) for Retail Investors (RI/RIC) and carry-forward bidders. The floor price is set at Rs 18.00 per share with allocation via Price Priority Method.
Key Points
- Security: HMA Agro Industries Limited | Symbol: HMAAGRO | Code: 543929 | ISIN: INE0ECP01024
- Total Offer Size: 3,31,81,173 shares
- Retail Reservation (10%): 33,18,117 shares
- Non-Retail Offer Size: 2,98,63,056 shares
- Floor Price: Rs 18.00 per share
- Face Value: Rs 1.00 | Tick Size: Rs 0.01 | Market Lot: 1 share
- Allocation Methodology: Price Priority Method
- Bid Entry (IC/MF/OTH/NII): April 9, 2026 — 9:15 AM to 3:30 PM
- Bid Entry (RI/RIC): April 10, 2026 — 9:15 AM to 3:30 PM
- Give-up/Take-up Deadline: April 13, 2026, up to 7:30 AM (T+2)
- Platform: iBBS (https://ibbs.bseindia.com/ or leased line https://ibbsll.bseindia.com/)
Regulatory Changes
No new regulatory changes introduced. This notice follows standard BSE OFS framework guidelines including existing provisions for 0% margin bids for Institutional Investors and the option for unallocated T-day bidders to carry forward bids to T+1.
Compliance Requirements
- Trading Members and Custodian Members must note and adhere to the session timings and bidding schedules.
- Retail Investors (individuals, HUF, NRI with bid value up to Rs 2 lakh) must bid in RI or RIC category with 100% upfront margin in cash/cash equivalents on T+1 (April 10, 2026).
- Non-Institutional Investors (individuals, HUF, TRUST, Body Corporates, PMS) must bid in NII category with 100% upfront cash margin on T Day (April 9, 2026).
- Institutional Investors (MF, IC, OTHS) may bid with either 100% upfront margin or 0% margin; 0% margin bids may be carried forward from T to T+1.
- Members must access the iBBS platform and RTRMS via approved URLs; leased line settings per Exchange Circular No. 20170503-12.
Important Dates
| Event | Date | Day |
|---|---|---|
| Bid Entry — IC/MF/OTH/NII | April 9, 2026 | T |
| Bid Modification & Cancellation — IC/MF/OTH/NII | April 9, 2026 | T |
| Bid Entry — RI/RIC | April 10, 2026 | T+1 |
| Bid Modification & Cancellation — RI/RIC | April 10, 2026 | T+1 |
| Give-up/Take-up (Non-Retail carry-forward) | April 10, 2026 (up to 7:30 AM) | T+1 |
| Give-up/Take-up (Retail) | April 13, 2026 (up to 7:30 AM) | T+2 |
Impact Assessment
This circular is operationally significant for trading members, custodian members, and investors who intend to participate in the HMA Agro Industries OFS. The offer size of over 3.3 crore shares at a floor price of Rs 18.00 represents a mid-scale OFS. The two-day structure (T for institutional, T+1 for retail) is standard BSE OFS practice. Retail investors have flexibility to bid in RI, RIC, or NII categories. Members must ensure platform readiness on iBBS and RTRMS ahead of the April 9 opening. No broader market-wide regulatory impact is anticipated.
Impact Justification
Operational notice relevant primarily to trading members, custodians, and investors participating in the HMA Agro Industries OFS; limited to a specific two-day window with defined bidding categories and settlement timelines.