How long will it take for the allotment of NFO (New Fund Offer)?

• Generally, the NFO window is open for a maximum of T+21 days.

• When you place the NFO order on ‘T’ day it will be in ‘Open’ status which means order is placed successfully on the Exchange.

• Further the order status will move to either ‘In-process’ or ‘Placed’ status. These indicate that the order is moved from Exchange to RTA (Registrar and Transfer agents)

• The day you place NFO which is Live in the market you need to wait for T+21 days in order to get order status as ‘Success or Failure’.

Note: NFO statuses will not be shown under the order history on Web or Mobile App until allotment.