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National Fertilizers Offer for Sale will kick off on July 26, 2017

Posted on Wednesday, July 26, 2017

National Fertilizers Offer for Sale will kick off on July 26, 2017

National Fertilizers Limited is coming up with offer for sale through Stock Exchange Mechanism for sale upto 7,35,86,760 equity shares of the Company.

Discount for retail investors and Employees: 5% to the cut-off price

The Offer for Sale detail is as below:

  • Non-Retail Investors: Issue Open from July 26, 2017 at 9:15 AM to July 26, 2017 at 3:30 PM
  • Retail Investors: Issue Open from July 27, 2017 at 9:15 AM to July 27, 2017 at 3:30 PM
  • Face Value: Rs 10 per equity share
  • Floor Price: Rs 72.80 per equity share
  • Discount (Retail Investors* / Employees): 5% to the cut-off price
  • Retail Quota: 20% of the Offer shares
  • Employees Quota: 5% of the Offer shares

Note: *Retail Investors are an individual investor who place bids for share of total value of not more than Rs 2 Lakhs.

More information about this issue is available at BSE website.

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User Comment

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4. Shah  Aug 1, 2017 2:56:56 PM IST Reply
How to know NFL OFS allotment status?
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4.1. K.Devender reddy  Sep 13, 2017 11:19:18 PM IST
How to get allotment status of NFL ofs
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3. m g modh  Jul 27, 2017 11:34:29 PM IST Reply
what is fixed price ror retail
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3.1. Ankur Goel  Jul 28, 2017 11:18:37 AM IST
73.05 for retail is issue price.
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3.2. Ankur Goell  Jul 28, 2017 11:19:13 AM IST
IPO Mentor IPO Mentor (600+ Posts, 400+ Likes)
73.05
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2. m g modh  Jul 27, 2017 11:31:08 PM IST Reply
ofs of nfl final rate alloted
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1. Inv  Jul 27, 2017 9:12:53 PM IST Reply
How to check ofs allotment
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