Resolved - How to apply for IRCON ofs

Need Help ℹ️ Query Resolved!✅
1

Hello Team,

I want to apply for IRCON ofs, what is the procedure for applying ofs in Dhan

Please help

Thanks

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@Murthy As we’re in the process of constructing OFS, kindly email help@dhan.co to submit your OFS request for now. Please ensure your request is made before our 2 PM cut-off time and that your ledger balance has sufficient credit for a successful bid.

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Thanks @iamshrimohan for the update

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Can we request to apply on Cutt off price? Or I will need to mention the Price on which I want to bid for OFS, so as to make sure I get the allotment.

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@LovishGupta You can choose either. The price discovered on Day 1 becomes the cutoff price or Floor Price for the retail segment. If you bid below this price, you might not be able to bank a bid. So always better to bid at or above cutoff to ensure you get an allotment.

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I have emailed my bid and made a quantity modification - both before 2 pm. I’m sure an email acknowledgement of the bid may not be possible with such a quick turnaround, but the bid should be processed successfully, correct @iamshrimohan?

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@deval yes it should be. You can share your UCC over DM to get this checked.

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@iamshrimohan done sir!

9

Query resolved over DM already! Amazing promptness, massively impressed!!

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Hi @Murthy @LovishGupta @deval

It’s been a while since this conversation - but we are happy to share that now you can apply for OFS on Dhan Web.

Check it out here :point_down: