Why is my OFS order rejected?
While applying for an Offer for Sale (OFS) through FYERS is generally smooth, certain common issues can cause your bid to be rejected. Understanding these can help you avoid errors and ensure a successful submission.
Common reasons for OFS order rejection
- Price outside valid range: Entering a bid price lower than the floor price or higher than the allowed upper limit set by the company.
- KYC issues: Incomplete or outdated Know Your Customer (KYC) information as per SEBI guidelines.
- Insufficient funds: Inadequate margin balance in your trading account to cover the bid amount.
- Exceeding retail cap: Submitting a total bid value exceeding the ₹2,00,000 limit for retail investors.
What if...
| Scenario | Resolution |
|---|
| Floor price not met | Adjust the bid to match or exceed the announced floor price. |
| Margin shortfall | Add funds to your FYERS trading account before resubmitting. |
| KYC flagged | Update your KYC details with FYERS to comply with SEBI norms. |
| Total bid exceeds ₹2L | Revise bid quantity or price to stay within the permitted retail limit. |
Last updated: 26 Jun 2025
Related Articles
Can I modify my order after applying for the OFS?
Yes, after placing a bid for an Offer for Sale (OFS) through FYERS, you can modify your order within the permitted time window. This provides flexibility to adjust your bid based on market movement or personal strategy. Modification timings ...
What are the timings of the OFS issue?
The Offer for Sale (OFS) window at FYERS follows exchange-regulated timings. While the overall window remains open from 9:15 AM to 3:30 PM, investors must place their bids before the cut-off time. Key OFS timings OFS window: 9:15 AM to 3:30 PM (on ...
Why is my market order in the options segment rejected?
If your market order in the options segment is getting rejected at FYERS, it's likely due to our policy to safeguard traders from poor execution in illiquid markets. Here's a breakdown of when market orders are allowed and when they aren't. When are ...
How to apply for OFS in FYERS?
Applying for an Offer for Sale (OFS) through FYERS is simple and user-friendly. Follow these clear steps to place your OFS bid successfully. Steps to apply for OFS via FYERS Log into your account Navigate to the FYERS OFS portal. Use your FYERS ...
Why is my order rejected stating, "Provide a valid trigger price for placing an order. Your trigger price should be less than the LTP."?
This error appears when the trigger price you’ve entered for your Stop or Stop-Loss order is not valid based on the current market price (LTP – Last Traded Price). The trigger price determines when your pending order becomes active and is sent to the ...