Timex Group India Shares Fall Nearly 10% After Promoter Announces OFS

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Why Timex Shares Slumped

Timex Group India shares dropped 9.86% to ₹317.05 after the promoter announced a large offer for sale, impacting investor sentiment

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OFS Size & Pricing Details

The promoter plans to sell up to 8.93% stake via OFS at a floor price of ₹275, a 21.82% discount to the previous close

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Non-Retail Demand Remains Strong

By 1:42 pm on T Day, the non-retail portion was subscribed to 113.61%, with bids for 46.11 lakh shares against the base offer

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Retail Bidding & Promoter Holding

Retail investors can bid on December 30. As of September 2025, the promoter held a 59.93% stake in Timex Group India

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Strong Financials Amid Volatility

Q2 FY26 profit jumped 69.74% YoY to ₹30.23 crore

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With Our Subscription Plans

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Timex Group India Shares Fall Nearly 10% After Promoter Announces OFS

Why Timex Shares SlumpedTimex Group India shares dropped 9.86% to ₹317.05 after the promoter announced a large offer for sale, impacting investor sentiment

OFS Size & Pricing Details The promoter plans to sell up to 8.93% stake via OFS at a floor price of ₹275, a 21.82% discount to the previous close

Non-Retail Demand Remains StrongBy 1:42 pm on T Day, the non-retail portion was subscribed to 113.61%, with bids for 46.11 lakh shares against the base offer

Retail Bidding & Promoter HoldingRetail investors can bid on December 30. As of September 2025, the promoter held a 59.93% stake in Timex Group India

Strong Financials Amid VolatilityQ2 FY26 profit jumped 69.74% YoY to ₹30.23 crore