What is an Offer For Sale (OFS)?

Promoters and current shareholders of a listed company can sell their shares to the general public via the stock exchange platform by using an Offer For Sale (OFS).

How is OFS different from buying shares in the normal market?

In an OFS, promoters or major shareholders sell shares directly to the public through a special stock exchange window, frequently at a discount. It is typically open for one trading day and has a time limit.

On the other hand, buying in the regular market entails acquiring shares from current market participants.

What is the maximum allowed bid quantity for retail OFS bids?

Retail investors are only allowed to bid up to ₹2 lakh per OFS (Offer for Sale).

Can I modify my price and quantities for the existing OFS bid?

Yes, you have until the end of the offer window to change the amount and price of your current OFS bid.