NLC India Limited is offering to sell shares through an OFS(Offer for Sale) process.
OFS orders can be placed on your Q-Backoffice > Portfolio > OFS. You can access Q directly from Kite.
Orders will be accepted from October 25th, 3.30 PM to October 26th, 3.15 PM
Details for retail investors:
Stock Name: NLC India Limited
Floor price: Rs. 94 per share
Max allowed quantity per investor: 2127 at Floor Price
Max allowed investment per investor: Rs.2,00,000
Retail Investors are eligible for a 3.5% discount to this allotment price after placing a bid at the Cut-Off price.
Note: If your account results in a debit post allotment of OFS, interest at 0.05% per day shall be levied on the debit amount. You will receive a contract note if you are allotted shares in the OFS.