This is to inform you that Axis Bank Limited is coming out with Offer for Sale (OFS) on 12th February’ 2019. Issue would be available For TWO days i.e.12th February’ 2019 (for non-Retail Investors) and 13th February’ 2019 (for Retail Investors and for non-Retail Investors who choose to carry forward their bids). Details of the OFS issue along with the circulars received from the Exchanges are attached for your ready reference.
If client wants to participate in said OFS for non-Retail Investors category then kindly mail the details of client to email@example.com firstname.lastname@example.org (Post checking CCB) 12th February’ 2019 till 2.30 PM. On receipt of your email we will issue the token number/Bid confirmation by revert mail. Please send the details of investors in attached format only.
Floor Price:- The Floor Price for the Offer shall be Rs. 689.52/– (Rupees Six Hundred Eighty Nine & Fifty two paise Only) per equity share .
Retail Investor Discount :- (Retail investor shall mean an Individual, HUF, NRIinvestor who places bids for shares of total value of not more than Rs.2 lakhs ) :- NIL
Retail Bid Option :- Retail investors may enter a price bid or opt for bidding at cut-off price
Retail Investor can place online orders (13th February’ 2019) from our website. Before placing the order client has to transfer the fund to IPO ledger then place order. Said process is similar to the IPO order placement.If you are unable to place order of client (with valid reason) in retail categorythen send details of client to email@example.com firstname.lastname@example.org (Post checking CCB) on 13th February’ 2019 till 2.00 PM.