What is indicative price?

Created by Rushikesh borade, Modified on Mon, 20 Nov, 2023 at 1:34 PM by Rushikesh borade

Indicative Price is the volume weighted average price of all the valid/confirmed bids. The indicative price shall be separate for Retail Bids and Non-Retail bids. There shall be no indicative price display for the retail portion of OFS where "Sellers" provide retail investors an option for bidding at a cut-off price.


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