Timex Group India Ltd
Timex Group India Promoter Plans OFS: Key Details You Should Know π
- Timex Group Luxury Watches B V (promoter) is offering to sell up to 4,509,250 shares (4.47% stake), with an option to sell an additional 4,509,250 shares (total 8.93%).
- OFS dates: Dec 29, 2025 (non-Retail Investors) & Dec 30, 2025 (Retail Investors) via BSE.
- Floor price: βΉ275 per share.
- 10% of shares reserved for Retail Investors, with bids capped at βΉ2,00,000 per investor.
- Minimum 25% reserved for Mutual Funds & Insurance Companies (subject to valid bids).
- Settlement is trade-for-trade basis (different timelines for Retail/non-Retail).
- Seller can cancel OFS if non-Retail bids are insufficient on T Day.
- Not available to U.S. investors unless they are Qualified Institutional Buyers (QIBs).
- Brokers: 20zak Securities (Sellerβs Broker), Kotak Securities (Settlement Broker).