What is an Offer For Sale (OFS)?

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.