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…
The Offer For Sale(OFS) allotment is decided by the exchanges and not the broker. The non-retail category's bids are used to determine the cut-off price, and the allotted price may…
