A DDPI is a formal document that gives the broker or Depository Participant (DP) the right to transfer shares. When you sell shares through your trading account, the broker or…

If the bid is below the floor price, no allocation will be made. As per SEBI regulations, a minimum of 25% of the shares on offer are reserved for mutual…

Benefits for Investors Availability of shares in well-established businesses without having to wait for an IPO. Transparency in the pricing procedure, particularly for OFS that rely on auctions. Possibility of…