July 2026 OFS on BSE/NSE: NII Threshold and Fee Details

Multiple companies on BSE and NSE have opened their offer for sale (OFS) windows in July 2026. Orders above Rs. 2 lakhs fall under the non-institutional investor (NII) category, meaning they are treated as non-retail. Orders are placed on the exchange platform only on the offer end date and time, not during the window. Zerodha does not fund OFS purchases, so traders must have sufficient funds.

A charge of Rs. 20 plus 18% GST per order is levied. The fee is non-refundable regardless of whether the order is accepted, rejected, or fails. Traders should factor this cost into their bid, as it applies to every order.

The NII threshold affects how retail traders size their orders. A single order above Rs. 2 lakhs shifts the investor out of the retail category. For those looking to participate in the retail quota, keeping each order at or below Rs. 2 lakhs is required.

The OFS period ends at the specified offer end date for each company. Orders submitted during the window are executed only at that closing time. The exchange also publishes a maximum allowed bid quantity for each OFS, which traders should check before placing an order. These rules apply to all OFS windows across BSE and NSE in July 2026.