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:

1. Login to the Portal: Start by navigating to the FYERS OFS portal. Use your FYERS login credentials to sign in.

1. Choose the OFS: Once logged in, you'll see a list of ongoing OFS opportunities. Select the company you're interested in, as demonstrated in the provided image.

1. Detailed View: Before proceeding, acquaint yourself with key details such as the floor price, minimum bid quantity, and others. Click on the 'Apply Now' button to move forward.

1. Fill in the Application: A form will appear, prompting you to enter details like Quantity, Price, and DP ID. After filling in the required information, check the box affirming the accuracy of the details provided. Then, click on the 'Apply Now' button.

Note: It's crucial to have adequate funds in your trading account to cover the bid. If not, use the 'Add Funds' option to top up your account.

1. Order Status: Upon successful submission, your order status will read 'Inprocess' as showcased in the reference image.

Following the OFS closure and allotment process, if successful in your bid, the shares will be credited to your Demat account on the specified dates.

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  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.

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• Why is my OFS order rejected?

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