Offer For Sale (OFS) - August 2022
Offer for Sale of below companies are open in BSE/NSE. To Place your OFS Request:
- Contact your sub-broker.
- In case you don't have a sub-broker, call us on 18001020.
Scrip Name | Category | Time Window | Floor Price | Cutoff Price |
SWSOLAR | Non-Retail | 12-Aug, 9:30am - 3:30pm | Rs. 270 | NA |
SWSOLAR | Retail | 16-Aug, 9:30am - 3:30pm | NA | Rs. 272 |
Settlement Holiday: 16-Aug
16-Aug-22 is a Settlement Holiday due to Parsi New Year. Currency Segment will be closed on this day for trading. However, other segments are open for Trading.
What this means for you:
- You can place your Trades as usual, however the settlement of funds/securities will be processed as detailed in the table below:
Segment | Trade placed on | Date of Settlement |
Equity ( T+1 Settlement ) | 12-Aug | 17-Aug |
Equity ( T+2 Settlement ) | 12-Aug | 18-Aug |
Derivatives (F&O) | 12-Aug | 17-Aug |
- Your credit balance for 16-Aug will not include the following:
Segment | Account Balance Exclusions |
Equity (T+1 & T+2 Settlement) | Intraday Profits made on 12-Aug |
Derivatives (Equity F&O, Currency & Commodity) | Credits Made From Trades Done On 12-Aug |
Just so you know: Settlement holidays refer to days when markets (except Currency segment) are open for trading but when Depositories and/or Banks are closed. Due to this, all trades done during that day will be settled on next settlement cycle, as per the respective segments.
Sub-division of equity shares of Saianand Commercial Ltd.
Stock sub-division or stock split is a corporate action in which a company increases the number of its outstanding shares by issuing more shares to its existing shareholders.
As per a recent circular, 1 equity share of Saianand Commercial Ltd. (Scrip Code: 512097) will be sub-divided into 10 equity shares. The key dates for the same are as follows:
Company Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
Saianand Commercial Ltd. | SAICOM | 1:10 | 17-Aug | 17-Aug |
Refer: BSE circular
W.e.f 16-Aug: New Identity for Modison Metals Ltd.
As per a recent circular, the name and symbol of Modison Metals Ltd. (Scrip code: 506261) will be changed as follows w.e.f 16-Aug-22.
Existing Symbol | New Symbol | Existing Name the of Company | New Name of the Company |
MODISNME | MODISN | Modison Metals Ltd. | Modison Ltd. |
Refer: NSE Circular
Important dates: Syrma SGS Technology Ltd. IPO
Syrma SGS Technology Limited is a technology-focused engineering and design company engaged in turnkey electronics manufacturing services (“EMS”), specialising in precision manufacturing for diverse end-use industries, including industrial appliances, automotive, healthcare, consumer products and IT industries.
Check Syrma IPO details
The below table has important dates with respect to the IPO allotment and listing.
Finalization of Basis of Allotment | 23-Aug-22 |
Initiation of Refunds | 24-Aug-22 |
Credit of Shares to Demat Acct | 25-Aug-22 |
IPO Shares Listing Date | 26-Aug-22 |
UPI mandate expiry date | 29-Aug-22 |
In case you have not been allotted for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date as mentioned in the above table. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.
Sub-division of equity shares of Variman Global Enterprises Ltd.
Stock sub-division or stock split is a corporate action in which a company increases the number of its outstanding shares by issuing more shares to its existing shareholders.
As per a recent circular, 1 equity share of Variman Global Enterprises Ltd. (Scrip Code: 540570) will be sub-divided into 10 equity shares. The key dates for the same are as follows:
Company Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
Variman Global Enterprises Ltd. | VARIMAN | 1:10 | 12-Aug | 11-Aug |
Refer: BSE circular
Sub-division of equity shares of High Energy Batteries (India) Ltd.
Stock sub-division or stock split is a corporate action in which a company increases the number of its outstanding shares by issuing more shares to its existing shareholders.
As per a recent circular, 1 equity share of High Energy Batteries (India) Ltd. (Scrip Code: 504176) will be sub-divided into 5 equity shares. The key dates for the same are as follows:
Company Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
High Energy Batteries (India) Ltd. | HIGHENE | 1:5 | 10-Aug | 08-Aug |
Refer: BSE circular
Preponement of expiry of Castor Seed Contracts (August 2022)
Due to the closure of the physical market at the basis center, Deesa on 18-Aug-2022, please find the revised timelines and margin for the Castor Seed Contracts for August 2022.
- The contract will now expire on 17-Aug-22 as against 18-Aug-22
- The last trading day will be 17-Aug-22 and delivery intentions will be accepted till 9 pm on the same day
- The staggered delivery period shall commence from 10-Aug-22
- The pre-expiry margin of 1.50% per trading day incrementally shall be levied from the beginning of 05-Aug-22
For more details, refer to NCDEX Circular 1 | NCDEX Circular 2
W.e.f 05-Aug: New Identity for Minda Industries Ltd.
As per a recent circular, the name and symbol of Minda Industries Ltd. (Scrip code: 532539) will be changed as follows w.e.f 05-Aug-22.
Existing Symbol | New Symbol | Existing Name the of Company | New Name of the Company |
MINDAIND | UNOMINDA | Minda Industries Ltd. | UNO Minda Ltd. |
Refer: BSE Circular
W.e.f 04-Aug: New Identity for Bhartia Bachat Ltd.
As per a recent circular, the name and symbol of Bhartia Bachat Ltd. (Scrip code: 543208) will be changed as follows w.e.f 04-Aug-22.
Existing Symbol | New Symbol | Existing Name the of Company | New Name of the Company |
BHARTIA | REGIS | Bhartia Bachat Ltd. | Regis Industries Ltd. |
Refer: BSE Circular