What is an Offer For Sale (OFS)?
An Offer For Sale (OFS) is a method that allows a company's
promoter to sell their shares to both institutional and retail investors
through stock exchanges. This process enables the promoter to reduce their
stake in the company, allowing investors to purchase these shares. The OFS
mechanism is designed to be a simple and efficient way for promoters to offload
their shares and for investors to acquire them directly from the exchange.
Note: 5paisa allows you to place bids only under the Retail category in OFS
(Offer for Sale).