The offer for sale will take place on a separate window of the stock exchanges under the T+1 period. The OFS will take place between 9:15 am and 3:30 pm on June 25, 2025 for non-retail investors and will continue on June 26, 2025 for retail investors between 9:15 am and 3:30 pm.
Timex OFS 2025 Details
| OFS Open: | June 25, 2025 |
| OFS Close: | June 25, 2025 |
| OFS Floor Price: | ā¹175 per share |
| Face Value: | ā¹1 per share |
| Closing Price: | ā¹251 as of June 25 |
| OFS Discount: | 43% on closing price |
| Retail Discount: | N/A |
| Base Size: | 75,71,250 shares (7.50% of Equity) |
| Offer for Sale: | Click Here |
Timex Group Luxury Watches B V (āthe Sellerā) is one of the Promoters of Timex Group India Limited (āthe Companyā) proposes to sell up to 75,71,250 Equity Shares of the Company (representing 7.50% of the total issued and paid up Equity Share capital of the Company) (āBase Offer Sizeā), on June 25, 2025, (āT dayā) (for non-Retail Investors only) and on June 26, 2025 (āT+1 dayā) (for Retail Investors (as defined below) and for non-Retail Investors who choose to carry forward their un-allotted bids from T day) through a separate designated window of BSE (Stock Exchange), in accordance with the OFS Guidelines (such offer for sale hereinafter referred to as the āOfferā).
Timex Financial Results
Amount ā¹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax |
| 2023 | ā¹383.78 | ā¹354.11 | ā¹46.52 |
| 2024 | ā¹421.68 | ā¹393.92 | ā¹20.84 |
| 2025 | ā¹539.82 | ā¹497.05 | ā¹31.42 |
About Timex
Timex Group India Limited was founded on October 4, 1988, and was set up as Timex Watches Limited via a joint venture between Titan Industries and Timex Corporation, USA. The company is engaged in designing and selling watches that provide after-sales services. In April 2007, the company first started a production facility in Baddi, Himachal Pradesh. Additionally, the company is also involved in providing information and technology support services to other group companies. The company sells a diverse range of watches under many brands such as Timex, Guess, GC, Versace, and others. They are also an Original Design Manufacturer (ODM) for brands, including Wrogn and Van Heusen, selling their products via various channels. Other than Timex-branded watches, the company also offers licensed and OEM models for brands like Nautica, Ferragamo, Mark Ecko, Versace, Tarun Tahiliani, Helix, Guess, Philipp Plein, United Colors of Benetton, Judith Leiber, and others.
Timex OFS Broker Details
- Kotak Seculities Limited
Contact Us Details
Timex Group India Ltd.
E-10, Lower Ground Floor,
Lajpat Nagar-III,
New Delhi, 110024
Phone: 91-11-41021297
Website: https://www.timexindia.com/
