Key Points
The offer price is at a 12% discount to the current market price...
The offer will kick-start on October 18, which is the 'T' day, where only non-retail investors are allowed to bid for the shares..
On T+1 day, which is October 19, retail investors will be allowed to bid for shares and those non-retail investors who chose to carry forward their bids can also participate...
Those non-retail investors who have placed their bids on T-day and have chosen to carry forward their unallotted bids to T+l day will be allowed to carry forward and also revise their bids on T+1 day as per the OFS guidelines...
The allocation will be made at or above the floor price on a price priority basis at multiple clearing prices, except in the case of retail investors, who will have the option to bid at the cut-off price...
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