What is the maximum amount I can bid for OFS?
On FYERS, while participating in an OFS, investors can place bids under the 'Retail' category for a sum not exceeding ₹2 lakh across exchanges. Please note that we at FYERS do not facilitate placements in other categories, such as HNIs, FPIs, etc.
Note: Any bids that surpass the ₹2 lakh threshold are liable to be declined.
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What is the minimum amount to invest in the OFS?
n terms of quantity, the least you can bid for in an OFS is a single share. The monetary equivalent hinges on the floor price, which is pre-established by the respective company. This floor price dictates the minimum sum an investor needs to commit ...
How does the Offer for Sale (OFS) mechanism work?
The Offer for Sale (OFS) mechanism at FYERS follows a standardised process used across platforms, ensuring that all actions are completed on the same day. Here’s a step-by-step explanation: Allotment Confirmation: The exchange confirms your OFS ...
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 ...
Can I modify my order after applying for the OFS?
Certainly, when you place a bid for the Offer For Sale (OFS) through FYERS, you retain the flexibility to modify your order. The window for such modifications aligns with the standard OFS market hours, which spans from 9:30 AM to 3:30 PM. Do note, ...
What is the procedure to apply for OFS in FYERS?
If you're keen to invest in companies initiating an Offer For Sale (OFS) via FYERS, the procedure is simple and user-friendly: Login to the Portal: Start by navigating to the FYERS OFS portal. Use your FYERS login credentials to sign in. Choose the ...