Can retail investors apply for an OFS below the cut-off price?
According to NSE (PDF) and BSE (WEB) circulars, retail investors are only allowed to place bids at the cut-off price or higher in an OFS.
Offer for Sale(OFS)
- Why was the OFS allotment not received even though the request was placed before the cut-off?
- How to apply for an Offer for sale (OFS)?
- What is an Offer For Sale (OFS)?
- Can retail investors apply for an OFS below the cut-off price?
- What is the maximum allowed bid quantity for retail OFS bids?
- Why is the cut-off price higher for retail OFS orders?
- What are the payment modes available for the rights issue?
- Where can I apply for the rights issue?
- What if someone sells their REs and then applies for the rights issue?
- How to apply for rights issue?