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How can I place a bid for OFS?
As of now, we do not have an online facility for OFS order placement. You can Call us / Write to us by visiting the link at the bottom of the page.
At what time can I bid for an Offer for Sale (OFS)?
You can place your bid for OFS from 9:15 AM to 3:25 PM on the OFS date.
Can I modify or cancel my Offer for Sale bid?
Yes, cancellation and modification of orders are possible till 3:15 PM
As of now, we do not have an online facility for OFS order cancellation/modification. You can Call us.
Where can I find a list of Upcoming & past OFS?
Click the link below to get the list of Upcoming & Past OFS
https://www1.nseindia.com/live_market/content/live_watch/offer_sale/ofs_sale.htm
How many shares can I buy in an OFS?
There is no specific lot size required.
You can bid even for one share.
However, if there is a lot size specified by the Seller as mentioned in the OFS announcement notice, orders placed in the specified lot size only will be accepted
When will the funds get debited for my OFS bid?
Ledger amount will be blocked during the time of bidding.
If your OFS bid has been accepted and you have been allotted shares, your account will be debited for the appropriate amount at End of Trading Day.
Shares will be credited on the next T+2 days
In case of oversubscription, shares will be allotted on a pro-rata basis
When would the OFS shares get credited into my Demat account?
If your OFS bid has been accepted and you have been allotted shares, the same will be credited to your Demat account on T + 2 days.
What does Retail & Non-Retail category mean?
Retail category is for Individual Investors with a limit of Rs 2,00,000/- for Individual bids.
Non Retail category is for Organizations, FII, etc. with a bid limit greater than 2 lakhs
If allotted, how soon can I sell off my shares?
Once the shares get credited into your Demat account and reflect in your Portfolio holdings, you can place your sell order any time after that.
What is the difference between the Floor price and cut-off price?
Floor Price is the lowest price at which you can place your bid. This price is provided by sellers.
Cut off Price is the lowest price at which the OFS issue gets subscribed. This price differs for the Retail and Non Retail Categories.
Can I buy OFS using MTF (Margin Trading Facility)?
No, it's not possible to bid for OFS using MTF.
Can I place multiple bids for Offer for Sale?
Yes you can place multiple bids for Offer for Sale.
Further, investors opting for multiple orders across Exchanges should be aware that all bids in the Retail category amounting to more than Rs 2,00,000 will be rejected.
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