How is OFS different from normal market trading?

How is OFS different from normal market trading?

  1. Unlike normal market trading, OFS is based on a bidding platform provided by the Exchange. All orders placed must be above the base price, also called as floor price set up by the company.
  2. Investors can bid for a single share and can even place multiple order bids.
  3. All shares allotted to investors via OFS are settled on T+1 day.

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