Promoter Sells Equity in Bosch Home Comfort India Ltd through Stock Exchange Offer

Promoter Sells Equity in Bosch Home Comfort India Ltd through Stock Exchange Offer

Promoter Sells Equity in Bosch Home Comfort India Ltd through Stock Exchange Offer​

Bosch Global Software Technologies Private Limited, a promoter of Bosch Home Comfort India Ltd, has initiated an Offer for Sale (OFS) of equity shares of the company. The sale is being conducted through stock exchanges and includes both a base offer size and an oversubscription option.

The Seller, Bosch Global Software Technologies Private Limited, has announced the terms for selling up to 1,963,994 Equity Shares, representing 7.22% of the total issued and paid-up Equity Share capital (the Base Offer Size). This is in addition to an Oversubscription Option allowing the sale of up to 202,634 Equity Shares, which represents 0.75% of the company's total issued and paid-up equity share capital.

The offer is scheduled for two trading days on a separate window of the Stock Exchanges.

Offer Timeline and Structure:
CategoryDate(s)Target Investor Group
T dayThursday, June 18, 2026Non-Retail Investors only
T+1 dayFriday, June 19, 2026Retail Investors and Non-Retail Investors who carry forward un-allotted bids from T day

Key Offer Details:
The Floor Price set for the Offer is ₹ 1150/- per Equity Share. The offer includes specific allocation methodologies designed to ensure certain investor segments receive a minimum allotment share.

A minimum of 25% of the Offer Shares is reserved for Mutual Funds and Insurance Companies, provided valid bids are received at or above the Floor Price. Additionally, a minimum of 10% of the Offer Shares must be allocated to Retail Investors.

Allocation Methodology Highlights:
The allocation process distinguishes between Non-Retail and Retail categories:

  • Non-Retail Category: These investors have the option to carry forward their un-allotted bids from T day to T+1 day, provided they indicate this willingness on T day. The allocation is conducted at a price equal to the Cut-Off Price or higher.
  • Retail Category: Retail Investors are defined as individuals who bid for Offer Shares totaling no more than ₹200,000 across Stock Exchanges. They may bid at any price above the Floor Price and/or at the Cut-Off Price.

The Seller's Broker designated for this offer is HSBC Securities and Capital Markets (India) Private Limited. The purpose of the sale includes achieving minimum public shareholding in the company.

BOSCH-HCIL Stock Price Movement​

BOSCH HOME COMFORT INDIA LIMITED shares slipped significantly today, closing at ₹1,279.10 after shedding 5.03% from its previous close. The stock traded within a range, hitting a low of ₹1,275 as 69,904 shares were transacted during the trading session.
 

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