Why is my OFS order rejected?

Why Is My OFS Order Rejected?

Applying for an Offer for Sale (OFS) through FYERS is usually smooth, but in some cases, your order may be rejected. This typically happens due to compliance requirements, insufficient funds, or exchange rules.

Common Reasons for OFS Order Rejection

  • Price outside valid range: If your bid price is lower than the floor price or higher than the upper limit set by the company.
  • KYC issues: If your Know Your Customer (KYC) details are incomplete, outdated, or flagged as per SEBI regulations.
  • Insufficient funds: If your FYERS trading account does not have enough margin balance to cover the bid.
  • Exceeding retail cap: If your total OFS bid value is more than ₹2,00,000, which is the maximum permitted under the retail category.

What If...

ScenarioResolution
Floor price not metAdjust your bid to match or exceed the announced floor price.
Margin shortfallAdd sufficient funds to your FYERS trading account before resubmitting the bid.
KYC flaggedUpdate your KYC details with FYERS to comply with SEBI norms.
Total bid exceeds ₹2LRevise your bid quantity or price to stay within the ₹2,00,000 retail investor limit.

Last updated: 03 Oct 2025

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