ONGC OFS 2022 Share Price – How to Apply OFS of ONGC [NSE OFS]

ONGC OFS 2022 Share Price – How to Apply OFS of ONGC [NSE OFS]. How to Buy OFS in Zerodha. BSE OFS & ONGC FPO : ONGC Offer for Sale Today.
ONGC Stocks are for sale. Central Government is selling 1.5% of ONGC Stakes. Check this page out to know ONGC share price. Further, we have also provided a direct link to the best online platform to invest in stocks, derivatives, and, many more.

Check OFS of ONGC Offer for Sale Today:

The Central Government has announced to sell the stakes of Oil & Natural Gas Corporation. The Government is planning to sell 1.5% of ONGC Stakes. According to the officials, the offer for sale will be open on both domestic stock exchanges – BSE and NSE. The stock exchange offer will be available for two days. The offers for sale are open for 30th March 2022 & 31st March 2022.

The price of the offer has been fixed at Rs 159 per share. This is at a 7% discount to the ₹171.05 which was the closing price of ONGC stock on NSE yesterday. The government offers to sell up to 94,352,094 equity shares of the company. Additionally, the government holds up to 60% shares of ONGC. Among 60% share, around 25% is reserved for mutual funds & insurance companies. Rest 10% shares are for retail investors. Moreover, ONGC employees can apply for equity shares worth up to Rs 5 lakh each.

Further, to know more about How to Apply OFS of ONGC [NSE OFS], and the process to buy ofs in Zeroadha, follow the below article.

ongc portal

Overall information regarding the ONGC OFS 2022:

Name of article ONGC OFS 2022 Share Price – How to Apply OFS of ONGC [NSE OFS]
Name of organization Oil & Natural Gas Corporation
Government selling stakes amount 1.5%
Offer opening date
  • 30th March 2022(For non-retail investors)
  • 31st March 2022 (For retail investors)
ongc share price
Rs 159/- per share
Closing prices of ONGC Stock on NSE yesterday Rs 171.05/-
Platforms to buy ONGC Stocks
  • Zerodha
  • Exness
  • Axis Direct and many more
Mode Online
Status Active
Year 2022
Zerodha Official portal zerodha.com

Some important dates – ongc ofs details:

  • Offer for Sale date for non-retail investors – 30th March 2022
  • Offer for Sale date for retail investors –  31st March 2022
  • The floor price of ONGC Stocks [ongc share price] – Rs159/- per share

How to Apply OFS of ONGC [NSE OFS] – BSE OFS | ONGC FPO:

In an OFS, promoters sold their stake through an exchange platform. Also, the company sets a floor price for it. After the floor price is set, buyers cannot bid at a price below that. Additionally, there are no participation limit criteria in an OFS. An investor can buy a single share or even more in the OFS process.

To participate in the OFS for ONGC the retail & non-retail investors require a Demat account & a trading account. Investors can visit any exchange trading platform to buy the stakes. As the government has decided on a particular date for the investors to buy shares. If any of the investors try to buy shares on another date, it will be marked as canceled. Further, we have also provided a direct link to the stocks exchange portals. One of the best exchange portals is Zerodha.

How to Buy OFS in Zerodha – ONGC Offer for Sale:

  • To begin with, the user is required to visit the official portal of Zerodha via zerodha.com.
  • On the home page, click on sign up and enter your mobile number.
  • Further, the user is required to enter the OTP sent to their registered mobile number & click on continue.
  • After that, search for the ONGC stocks & select the number of stocks you want to purchase.
  • Later on, complete the payment from your Demat account.
  • Here’s the process to buy OFS in Zerodha.

buy ongc stocks zerodha

Some important links:

  • Oil & Natural Gas Corporation Official website link – click here
  • Zerodha Official website link – click here

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