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Is it possible to enter bids less than floor price?

April 26, 2017bids enter floor possible price

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Is it possible to enter bids less than floor price?

1 Answer

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No. The system automatically rejects the bids if price is less than floor price. Users may note to go through the Guidelines in detail for a thorough understanding of the provisions. Queries seeking information of an advisory nature would not be responded to by SEBI. Users are also advised to refer to “Quick Guide for Investors” for jurisdictions of relevant authorities for various matters. Queries pertaining to other authorities would not be responded to by SEBI.