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


