Balaji Raghavan, Manojshankar Tripathi and Mr. Nitish Nagori the Sellers being the Promoters of the Ironwood Education Ltd (the Company), proposes to sell Equity Shares of face value of Rs.10/- (Rupees Ten Only) each representing 1.64% (one point sixy four) of the total paid-up equity share capital of the Company on November 04, 2025 (\T day\) (for Non-Retail Investors and on November 06, 2025 (\T+1 day\) (for Retail Investors and Non-Retail Investors, who choose to carry forward their un-allotted bids from T day) through a sale on the separate window provided by BSE Limited (the \Sale or Offer\).
Date and time of the opening and closing of the Offer :
The Sale shall take place on separate window of the Stock Exchange over two trading days, as provided below :
For Non-Retail Investors : Tuesday, November 04, 2025 (\T day\)
The Sale shall take place during trading hours on a separate window of the Stock Exchange on T Day i.e., Tuesday, November 04, 2025 , commencing at 9:15 a.m. on and shall close the same date at 03:30 p.m. (Indian Standard Time).
Only Non-Retail Investors shall be allowed to place their bids on T day, i.e. Tuesday, November 04, 2025.
While placing their bids, the Non-Retail Investors may indicate their willingness to carry forward their unallotted bids to T+1 day for allocation to them in the unsubscribed portion of Retail Category.
Those investors other than Retail Investors (\Non- Retail Investors\) who have placed their bids on T day and have chosen to carry froward their un-allocated bids to T+1 day, shall be allowed to revise their bids on T+1 day as per the SEBI OFS Circular.
For Retail Investors and Non-Retail Investors who choose to carry forward their bids : Thursday, November 06, 2025 (\T+1 day\)
The sale shall continue to take place during trading hours on a separate window of Stock Exchange on T+1 day i.e., Thursday November 06, 2025, commencing at 09:15 a.m. and shall close on the same date at 03:30 p.m. (Indian Standard Time).
Only Retail Investors shall be allowed to place their bids and revise their bids on T+1 day. Further, those non-retail investors who have chosen to carry forward their unallotted bid on T+1 day, shall be allowed to revise their bids on T+1 day as per the SEBI OFS Circular.
(T day and T+1 day collectively referred to as \Sale Dates\)
Floor Price : The Floor Price of the sale shares shall be Rs. 39/- (Rupees Thirty Nine only) per Equity Share.