What is the maximum amount I can bid for OFS?
At FYERS, Investors can place bids in the 'Retail' category up to ₹2 lakh across exchanges. We do not support other categories such as High Networth Individuals (HNIs), Foreign Portfolio Investors (FPIs), etc.
Note: All the bids placed above ₹2 Lakhs will be rejected.
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What is the minimum amount to invest in the OFS?
The minimum quantity in an OFS is one, and the minimum amount required to be invested is the floor price determined by the company. For Instance, If the floor price set by company 'X' is ₹100, then the minimum amount required to bid is ₹100 (1 ...
Why is my OFS order rejected?
Placing an OFS Bid in FYERS is simple. However, your OFS order could be rejected for any of the following reasons: If the price entered is less than the floor price or more than the capped price set by the company. If your KYC details are not up to ...
Can I modify my order after applying for the OFS?
Yes, you can modify your bid of the Offer For Sale (OFS) order in FYERS during the OFS market hours. The market hours of the OFS are between 9.30 to 3.30 PM. However, any modifications to your bid will be accepted only till 3:00 PM. Post that, the ...
What is the procedure to apply for OFS in FYERS?
You can bid for the companies that go for Offer For Sale (OFS) through FYERS. The procedure to apply for OFS is as below: Go to FYERS OFS portal and login using your FYERS credentials as shown in the image below: Scroll down, and you will be able to ...
What is the maximum amount I can place per order in FYERS?
At FYERS, the Maximum limit set is ₹4.5 crores per order. If you're trying to place an order beyond the ₹4.5 crores limit, the order will be rejected and you'll get the below error: "RED:RULE:{Single Order Value}Current:INR 82472500.00 Set:INR ...