Timex Group Luxury Watches B V (the "Promoter" or "Seller") is the promoter of Timex Group India Ltd (the "Company") proposes to sell up to 4,509,250 Equity Shares of face value of Rs. 1 each, representing 4.47% of the total issued and paid-up Equity Share capital of the Company as on September 30, 2025 ("Base Offer Size"), on Monday, December 29, 2025 ("T Day") (for non-Retail Investors only) and on Tuesday, December 30, 2025 ("T+1 Day") (for Retail Investors and for non-Retail Investors who choose to carry forward their unallotted bids from T Day), with an option to additionally sell up to
4,509,250 Equity Shares (representing 4.47% of the total issued and paid-up Equity Share capital of the Company as on September 30, 2025) (the "Oversubscription Option" and in the event that the Oversubscription Option is exercised, the Equity Shares forming part of the Base Offer Size and the Oversubscription Option will collectively hereinafter be referred to as "Offer Shores" while in the event that such Oversubscription Option is not exercised the Equity Shares fomting part of the Base Offer Size will be hereinafter referred to as "Offer Shores"), through a separate, designated window of the BSE, collectively representing 8.93% of the total issued and paid-up Equity Share capital of the Company as on September 30, 2025 (held in dematerialized form in one or more demat accounts with the relevant depository participant), in accordance with the OFS Guidelines (such offer for sale hereinafter referred to as the "Offer").
The Offer shall be undertaken exclusively through the Seller's Broker (defined hereinafter) named below on a separate window provided by the Stock Exchange for this purpose.
- Dates and time of the opening and closing of the Offer:
The Offer shall take place over two trading days on a separate window of the Stock Exchange on Monday, December 29, 2025 ("T Day") and Tuesday, December 30, 2025 ("T+1 Day') , from 9:15 a.m. and shall close at 3:30 p.m. (Indian Standard Time) on both days, as per details given below:
For non-Retail Investors (defined below): Monday, December 29, 2025 ("T Day")
Only non-Retail Investors shall be allowed to place their bids on T Day, i.e., Monday, December 29, 2025. While placing their bids, non-Retail Investors may indicate their willingness to carry fonvard their unallotted bids toT+ 1 Day for allocation to them in the unsubscribed portion of Retail Category (defined below).
The Offer shall take place during trading hours 'on a separate window of the Stock Exchange on T Day, i.e., Monday, December 29, 2025 commencing at 9:15 a.m. and shall close on the same date at 3:30 p.m. Indian Standard Time on the same day.
Those non-Retail Investors who have placed their bids on T Day and have chosen to carry fonvard their unallotted bids to T+1 Day, shall be allowed to carry forward for allocation to them in the unsubscribed portion of Retail Category (defined below) and also revise their bids on T+1 Day as per the OFS Guidelines.
For Retail Investors (defined below) and for non-Retail Investors who choose to carry fonvard their unnllotted bids to Thesday, December 30, 2025 ("T+1 Day")
The Offer shall continue to take place during trading hours on a separate window of the Stock Exchange on T+1 Day, i.e., Tuesday, December 30, 2025 commencing at 9:15a.m. and shall close on the same date at 3:30 p.m. Indian Standard Time on the same date.
Only Retail Investors shall be allowed to place their bids on T+1 Day, i.e., Tuesday, December 30, 2025.
(T Day and T+1 Day, collectively referred to as "Trade Dates')
- Floor Price : The floor price for the Offer shall be Rs. 275 (Rupees Two Hundred and Seventy Five only) per Equity Share of the Company.
Notice of Offer for Sale of Shares by Promoter & Floor Price
Filed with BSE ·
6ix hasn’t read this filing yet.
View original source (BSE India)Timex Group India Limited on 6ix
Story so far
Earlier from Timex Group India
- Announcement under Regulation 30 (LODR)-Offer for Sale
- Closure of Trading Window
- Board Meeting Intimation for Disclosure Of Un-Audited Financial Results Of The Company For The Quarter And Nine Months Ending On December 31, 2025
- Timex Group India Limited Press Release Dec 01 2025
- Announcement under Regulation 30 (LODR)-Change in Management
Later from Timex Group India
- Timex Group India Limited Press Release Dec 29 2025
- Announcement Under Regulation 30 (LODR)
- Continual Disclosure - Filing Of Report Under Regulation 7(2)(B) Of The SEBI(Prohibition Of Insider Trading) Regulations 2015
- Timex Group India Limited Press Release Jan 02 2026
- Intimation Under The SEBI (SAST) Regulations 2011
Follow Timex Group India into a list and get an email when it puts out news.
Follow Timex Group India