What are the timings of the OFS issue?
The precise date of the OFS issue is pre-decided and communicated by the particular company opting for the OFS. However, as for the timings, the OFS window remains open between 9:30 AM and 3:30 PM. It's pivotal for potential investors to ensure their bids for the OFS are placed before the 3:00 PM cutoff.
Note: Bids placed post 3:00 PM will be rejected as per our policies.
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What is Right issue?
Right issue (Also called right offering) is a framework through which companies raise additional capital by a new issue of Equity shares to the existing shareholders at a discounted price. A company goes for the right issue for various reasons, such ...
Can I apply for OFS in FYERS?
Yes, you can apply for an Offer For Sale (OFS) through FYERS. To understand the detailed procedure of how to apply for OFS via FYERS, you can refer to this article.
What is an Offer for Sale (OFS)?
An Offer For Sale (OFS) stands as a distinctive chance for all classes of investors to acquire shares of an already-listed company, specifically when a promoter wishes to divest a portion of their stake. This occurs on a designated date and through a ...
Can a retail investor apply for OFS?
Absolutely, any Indian citizen possessing a Demat account linked with a brokerage that's registered with the exchange/s holds the eligibility to partake in Offer For Sale (OFS) issues.
Why is my OFS order rejected?
Submitting an OFS bid on FYERS is typically straightforward. Nonetheless, certain factors can trigger a rejection of your OFS order: Entering a price that falls below the company's designated floor price or exceeds its capped price. Discrepancies or ...