An OFS is a mechanism where promoters or large shareholders sell their existing shares to the public through the stock exchange platform.
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Offer For Sale
An Offer for Sale (OFS) is a mechanism through which
promoters of a company can reduce their
shareholding by selling their shares to the public. This method is commonly used to
comply
with regulatory requirements,
such as maintaining a minimum public shareholding of 25%.
Offer For Sale 2026
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Total Records: 1
| Company | Listing At | Offer Date | Total Shares Offered | Floor Price (Rs.) | Cut-off Price (Rs.) |
|---|---|---|---|---|---|
| Swan Defence & Heavy Industries Ltd. OFS (Swan Defence And Heavy Industries OFS 2026) | NSE,BSE | 19 Mar 2026 | 26,38,747 | 1900 | - |
Frequently Asked Questions Offer For Sale
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What is an Offer for Sale (OFS)?
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Why do companies use OFS?
Promoters use OFS to reduce their stake, usually to meet SEBI’s minimum public shareholding requirement of 25%.
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3. Who can participate in an OFS?
Both retail and non-retail investors can participate. Day 1 (T Day) is for non-retail investors; Day 2 (T+1 Day) is for both retail and non-retail investors.
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What is the bidding time for OFS?
The bidding window is open from 9:15 AM to 3:30 PM on both days.
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How does NCD work?
Non-convertible debentures (NCDs) allow investors to lend money to a company for a fixed interest rate over a defined tenure. Companies issue NCDs to raise funds for purposes such as expansion, working capital, or debt repayment. Investors receive periodic interest payments, and the principal amount is repaid at maturity. Listed NCDs can also be bought or sold on stock exchanges, providing liquidity to investors.
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What type of orders are allowed in OFS?
Only limit orders are permitted. Investors must specify the maximum price they are willing to pay.
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How to apply offer for sale on Zerodha?
Enter your bid details. For retail investors, bids can be placed at the cut-off price by checking the Market Order option.