Offer For Sale (OFS)
What are the timings of the OFS issue?
The precise date of the OFS issue is pre-decided and communicated by the particular company opting for the OFS. However, as for the timings, the OFS window remains open between 9:30 AM and 3:30 PM. It's pivotal for potential investors to ensure their ...
What is floor price?
The Floor Price denotes the minimum price threshold at which investors can place their bids for shares during an Offer For Sale (OFS). The entities selling the shares, often the company's promoters or large shareholders, declare this floor price ...
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 ...
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. ...
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 ...
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, ...
Can a retail investor apply for OFS?
Absolutely, any Indian citizen possessing a Demat account linked with a brokerage that's registered with the exchange/s holds the eligibility to partake in Offer For Sale (OFS) issues.
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 ...
Can I apply for OFS in FYERS?
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.
What is an Offer for Sale (OFS)?
An Offer For Sale (OFS) stands as a distinctive chance for all classes of investors to acquire shares of an already-listed company, specifically when a promoter wishes to divest a portion of their stake. This occurs on a designated date and through a ...
Popular Articles
How long does it take to process a withdrawal request?
Upon placing a withdrawal request with FYERS, here's what you need to know: Same-day Processing: If you make a request between 5:30 AM and 5:00 PM, we process it on the same day. However, if you have open commodity positions/orders in the MCX ...
What are the latest features in FYERS Web?
The latest TradingView library has been integrated on the FYERS Web and the following are the feature updates. New Features: 1. Icons have been provided for Exit positions, Fund Transfer, Basket Order, My Account, User Settings, Refresh Trading ...
What is GTT? Can I place a GTT order in FYERS?
Good Till Trigger (GTT) is an order type where you can set a Target or Stop-Loss, remaining valid for up to one year from its placement. In essence, you determine a price to Buy or Sell a particular scrip, and this order remains active until that ...
Are there Annual Maintenance Charges (AMC) at FYERS?
No, FYERS does not impose any Annual Maintenance Charges (AMC). However, it's essential to note that clients who opened their accounts between 1st April 2020 and 4th June 2021 were subjected to AMC charges until 30th September.
What is the FYERS 30 Day Challenge, and why was it discontinued?
To encourage discipline among traders, we introduced FYERS 30 Day Challenge. Essentially, if you are in net profits for a period of 30 trading days, the brokerage charges incurred during the period will be refunded up to a limit of ₹10,000 per ...