Do I need to send a request to apply for the OFS?

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• What is OFS?

  The Offer for Sale (OFS) is a simple way for large shareholders, like company founders or major investors, to sell some of their shares to the public. It’s done through the stock exchange to make the process fair and transparent. Originally, only ...

• How to submit or cancel a withdrawal request?

  To submit a withdrawal request, you can follow the steps below or watch the video for guidance: · Log in to your Swastika account. · Click on the "Add Funds" tab on the Home Dashboard. · Tap on "Withdrawal" and enter the amount you wish to withdraw ...

• How do I check if I qualify as a High Net Worth Individual (HNI) or Retail Investor for an OFS application?

  o participate in an OFS as an HNI, your total bid amount must exceed ₹2 lakhs, which qualifies you for the HNI category. For Retail investors, bids must be below ₹2 lakhs. Retail investors have the flexibility to place bids for smaller amounts, ...

• I already have a demat account. Do I still need to submit my documents?

  Since you already have a Demat account, you do not need to resubmit your documents. You are likely KRA validated, as KRA (Know Your Client Registration Agency) handles KYC registration. Please provide us with your PAN so we can verify your KRA ...

• Who is eligible to apply for the buyback?

  To participate in the buyback, you must be a shareholder who owned the company's shares on the record date, which is the date set by the company to determine who is eligible. It’s important to verify that you held shares as of this date to ensure ...