25 Jul 2017, 12:00 AM
OFS - National Fertilizers LimitedNational Fertilizers 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 July 26th, 3:30 pm until July 27th, 3:15 pm.
Details for retails investors:
Stock Name: National Fertilizers Ltd
Floor price(Minimum Bid Price): Rs.72.80 per share
Max allowed investment per investor: Rs.2,00,000
Max allowed quantity per investor: 2747 at Floor Price
Allocation Methodology: Price Priority
You can also place a bid at the Cut-Off price determined on the first day of OFS on the basis of bids received in the non-retail category. Retail Investors are eligible for a 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.