Short answer

The maximum value per order is ₹10 crore for equity segment as per iRage’s risk management policy. Orders that exceed these limits are rejected. The error is displayed when a buy or sell order of a value of more than ₹10 crore is being placed.

How can the error be avoided

Place orders with an order value less than or equal to ₹10 Crore.

Place multiple orders using the sticky order window.

Place the order using Iceberg, through which larger orders can be broken into smaller orders.

Place multiple orders using the basket order feature.