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For how many days OFS bidding process is carried out?
For how many days OFS bidding process is carried out?
The bidding process for an OFS issue is conducted over two days.
First day: -
Institutional and HNI orders (bids above ₹2 lakhs) are collected on the first day.
Second day:
- The second day is reserved for retail bids; retail bids can only be placed at or above the cut-off price.