Do I need to send a request to apply for the OFS?
Yes, an email request from your registered email address is necessary for us to proceed with your OFS (HNI) application. This ensures we have your formal consent to process the bid.
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How can I submit a nominee opt-out request?
1. Opt out of nomination online. Follow these steps: Log in to the web platform Login Web platform. Click on the Profile icon and Select Settings. . Tap on + Add nominee option Select No option for Opt-out Read the disclaimer. Click "Save & Proceed". ...
How to apply Buyback via Swastika mobile application?
To apply for a buyback, follow the video/Steps below. Step 1: Open your trading application. Step 2: Go to the Left Navigation Panel and select the Buyback option. Step 3: Enter the quantity (number of free shares) you wish to offer for the buyback. ...
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, ...