Comment on The Zerodha Universe
commented on
13 Nov 2018, 10:21 AM
1 & 2. The buy average is not halved to give you the taxation advantage called bonus stripping. This article explains this is in detail.
2. You can apply for all OFS and Buybacks through us. This bulletin is updated with all buybacks. OFS orders are accepted on Q-back office during the bidding period. We cannot allow IPOs as we are not an ASBA supported bank. SEBI is soon bringing in regulations to allow bidding using UPI, which will enable us to accept IPO bids too.