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 Qty*100).
What happens if the minimum margin amount is breached?
Minimum margin is the margin amount that the investor should have allocated towards the open positions. If the minimum margin level is breached, the system will automatically block further funds. Incase investor does not have sufficient funds in ...
Can I invest in stocks overnight with the collateral amount from pledging my Demat holdings?
No, You cannot buy stocks in Cash N Carry (CNC) with the collateral amount. However, you can do intraday in stocks, take overnight positions in futures (Buy and Sell), and options (Sell) with the same. Note: Clients cannot Buy options with the ...
What is an Offer for Sale (OFS)?
Offer For Sale (OFS) is an investment opportunity for all types of investors to own shares of a listed company where a promoter wants to sell off part of their investment. This is conducted on a specific date, via a process that is separate from 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 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 ...