How is OFS different from normal market trading?
- Unlike normal market trading, OFS is based on a bidding platform provided by the Exchange. All orders placed must be above the base price, also called as floor price set up by the company.
- Investors can bid for a single share and can even place multiple order bids.
- All shares allotted to investors via OFS are settled on T+1 day.
For more information on OFS click here.
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