Offer For Sale (OFS)
How does the Offer for Sale (OFS) mechanism work?
The Offer for Sale (OFS) mechanism at FYERS follows a standardised process used across platforms, ensuring that all actions are completed on the same day. Here’s a step-by-step explanation: Allotment Confirmation: The exchange confirms your 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 9:15 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 ...