What is an Offer For Sale (OFS)?

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 or shareholdings through the stock exchange platform. This is conducted on a specific date, via a process that is separate from the normal market trading process.


What is floor Price?


The floor price is the price set up by a company at or above which the investor can place a bid for the OFS.


What is maximum bid allowed?


The maximum allowed bid is 2 lakh.


How is allotment of shares done?


Allotment of shares will be decided by the company. A contract note will be issued which will mention the quantity and price. OFS is normally for 2 days, the first day is reserved for HNI and the second day for retail investors.


What will be the OFS Charges?


OFS will be charged at ₹20 + GST per order.


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