What is the application amount for Retail Individuals?
If you are a Retail Individual, you can apply for the buyback for shares worth up to ₹2 lakhs. This limit allows individual investors to participate without needing to make a larger financial commitment.
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What is the application amount for High Net-Worth Individuals (HNIs)?
High Net-Worth Individuals, or HNIs, can apply for the buyback with an amount exceeding ₹2 lakhs. This category is meant for those who are looking to invest larger sums in the buyback opportunity.
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, ...
How do I submit my application?
To submit your buyback application, you must send an email request from your registered email address. This is important as it ensures that the company can verify your identity and maintain the integrity of the application process.
What is the minimum amount required to start an SIP?
Most mutual funds allow SIP investments starting as low as ₹500 per month, making it an affordable way to invest.
What are the fund requirements for placing an OFS bid?
To ensure a smooth application, please have the required amount available in your ledger prior to placing a bid. This ensures funds are accessible when the allotment is processed, reducing the risk of delays.