Applying for an Offer For Sale (OFS) is quick and easy.
- Use our Call-N-Trade facility at 022-61309998 / 022-71309998 and place your order bids by quoting the quantity and price at which you wish to buy the shares.
- Ensure you have sufficient funds in your account, to enable your order bid to be accepted by Upstox.
- In order to successfully place your order, you need to have your Call-N-Trade T-PIN handy. You can find your T-PIN by logging into our keystone portal.
- In an OFS, bids are first collected in the non-retail category. On the next day, bidding is opened for retail investors (where the application value is less than ₹2 lakhs).
Since 22nd March 2021, NSE and BSE through their respective circulars have announced that bidding in the retail category can only be done at or above the cut-off price or indicative price. This ensures that your order will not be rejected just because the bid was placed below the cut-off price.
You will not be able to enter bids below the cut-off price if you are applying in the retail category.