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How does cut‐off option works for investors?

Cut-Off investors option
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How does cut‐off option works for investors?

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Cut‐off option is available for only retail individual investors i.e investors who are applying for securities worth up to Rs 1,00,000/‐ only. Such investors are required to tick the cut‐off option which indicates their willingness to subscribe to shares at any price discovered within the price band.

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