Timex Group India Share Price Falls 10% as Promoter Launches OFS to Sell Up to 8.93% Stake

Timex Group India share price fell sharply on Monday, dropping nearly 10% during intra-day trade on the BSE. The stock touched a low of ₹318 per share after the promoter’s offer for sale (OFS) opened.

By around 10:43 AM, the stock was trading about 7.7% lower at ₹324.8, while the Sensex was down 0.18%.

Promoter Announces Stake Sale via OFS

Promoter Timex Group Luxury Watches BV has announced an OFS of up to 45,09,250 shares, representing 4.47% stake in Timex Group India.

The OFS also includes an oversubscription option to sell another 45,09,250 shares, which could take the total stake sale to 8.93% of the company’s equity.

OFS Dates and Key Details

The stake sale will be carried out through a special OFS window on the BSE:

• December 29, 2025 (T Day): Non-retail investors
• December 30, 2025 (T+1 Day): Retail investors and spillover bids

The floor price for the OFS has been fixed at ₹275 per share.

Reservation for Investors

As per the exchange filing:

• At least 25% of the offer is reserved for mutual funds and insurance companies
• 10% is reserved for retail investors, subject to valid bids

Timex Share Price Performance Snapshot

• Market capitalisation: ₹3,278.86 crore
• 52-week high: ₹421
• 52-week low: ₹146.90

The stock has corrected sharply from its recent highs, reflecting investor caution around the promoter stake sale.

Read More:Coal India Board Approves In-Principle Listing of SECL! 

About Timex Group

Founded in 1854, Timex Group is one of the world’s largest watchmakers. The group designs, manufactures and sells watches and jewellery globally and employs over 5,000 people worldwide.

Its brands include Timex, Timex Ironman, Nautica, Helix, Salvatore Ferragamo, Guess, Gc and Versace, among others.

Conclusion

Timex Group India’s stock came under pressure due to the promoter’s OFS announcement, a move that often leads to short-term selling. While the stake sale may improve public shareholding, the stock’s near-term movement will depend on demand for the OFS and broader market sentiment.

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