- Offer For Sale (OFS) is an investment opportunity for all types of investors to own shares of a listed company where a promoter wants to sell off part of their investment. This is conducted on a specific date, via a process that is separate from the normal market trading process.
- Unlike a Follow-on Public Offering (FPO), where companies can raise funds by issuing fresh shares or promoters can sell their existing stakes, or both, the OFS mechanism is used only when existing shares are put on the block. Only promoters or shareholders holding more than 10% of the share capital in a company can come up with such an issue.
Please click on the link to to know how to apply for offer for sale.