Trading Members and Custodians are hereby informed that the Exchange proposes to conduct a mock session for Offer for sale of HYDRO S & S INDUSTRIES Ltd on iBBS platform on Monday, December, 15th 2014.
Scrip Details:
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Security Name
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HYDRO S & S INDUSTRIES Ltd
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Security Symbol
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HYDROSS
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ISIN
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INE473D01015
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Offer Size
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5,00,000 equity shares
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Market Lot
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1 share
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Tick Size
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Re.0.05
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Face Value
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Rs.10/-
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Floor Price ##
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-------
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Allocation Methodology
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Price Priority
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Please Note: ## The Seller shall provide the Floor Price for the sale on December 15,2014 in a sealed envelope to the Designated Stock Exchange after the close of trading hours of the Stock Exchange and before 5.00 pm IST.
The Floor price shall not be publicly disclosed by the Sellers, and shall be given in a sealed envelope to BSE before the opening of the sale. The sealed envelope shall be opened by the BSE in presence of the authorized representative of the Seller after the closure of the sale and the floor price suitably disseminated to the market
Schedule of Mock Session is as follows:
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SESSION
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Day
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FROM
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TO
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Bid Entry Period
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T day
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12.00 P.M.
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4.00P.M.
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Give-up / Take-up
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T day
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12.00 P.M.
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4.00 P.M.
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Note: Give-up / Take-up sessions for Trading Members on T+1 day will not be available in this mock session.
· The URL for DEMO OFS Module is as under:
Internet users:
· The URL for DEMO RTRMS system is as under:
Mock Trading Session Feedback
To be able to provide trading members and custodians with a robust & efficient system for Offer for Sale with better features, feedback from all trading members and custodians are very important. We request all members and custodians to give their feedback of the mock session to listing sales team on the contact numbers/email id provided below:
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Name of Official
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Contact Number
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Department
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Email ID
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Sandeep Pujari
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022-22728376
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Trading Operations
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Harshal Shah
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022-22728005
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Trading Operations
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Gouri Shankar
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022-22728005
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Trading Operations
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gouri.shankar@bseindia.com
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Radhika Khatau
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022-22728892
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Listing Sales
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Please contact the BSE HelpDesk for Resetting the passwords of the OFS and RTRMS DEMO Modules:
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HelpDesk
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022-6136 3100 (hunting)
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The key functionalities of this module are described as under:
1. Trading Members can put bids for purchase of shares through bid entry screen or use the file upload facility.
2. Floor price may or may not be disclosed before start of the offer. In case of floor price is disclosed; orders/bids below floor price shall not be accepted. No price bands shall be applicable for the bids placed in the offer for sale.
3. Multiple bids from a single buyer shall be permitted.
4. Every bid shall be validated against Unique Client Code (UCC); currently used in the Equity/Derivatives segment of BSE.
5. Trading Members can bid using two types of margins for their clients namely, 100% upfront margin and 0% Margin (no margin).
6. Institutional Investors have an option to pay for 100% upfront margin or 0% Margin (no margin). Whereas, Non Institutional Investors have to pay 100% margin only.
7. The following orders shall be valid in the OFS window:
7.1. Orders with 100% of margin paid upfront by institutional investors and non-institutional investors. Such orders can be modified or cancelled at any time during the trading hours.
7.2. Orders without paying upfront margin by institutional investors only. Such orders cannot be modified or cancelled by the investors or stock brokers, except for making upward revision in the price or quantity.
8. Clearing Corporation shall collect 100% margin in cash from non-institutional investors. In case of institutional investors who place orders/bids with 100% of margin upfront, custodian confirmation shall be within trading hours.
9. In case of institutional investors who place orders without upfront margin (0% margin), custodian confirmation shall be as per the existing rules for secondary market transactions i.e. Custodians can confirm the bids till T+1 day (T being the trading day)
9.1. Modification and Cancellation of OFS bids: Bids can be modified or cancelled manually and via bulk upload facility. In case of order/bid modification/deletion such funds shall be released / collected on real time basis.
9.2. Modifications and Cancellation Rules:
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No
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Margin Type
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Bid Status
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Modification
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Cancellation
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1
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100% Upfront Margin
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Member Bid
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Y
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Y
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2
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100% Upfront Margin
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Awaiting Custodian Confirmation
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Y
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Y
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3
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100% Upfront Margin
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Confirmed by Custodian
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Y
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Y
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4
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No Margin
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Member Bid
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Y (Upward)
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N
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5
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No Margin
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Awaiting Custodian Confirmation
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Y (Upward)
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N
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6
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No Margin
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Confirmed by Custodian
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Y (Upward)
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N
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10. Use of Real Time Risk Management System:
Trading Members as well as Custodians are required to access RTRMS for give-up and take-up for validation of Bids.
Sandeep Pujari
Sr.Manager – Trading Operations
December 12th, 2014
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