25/08/2026
Offer for Sale (OFS) vs. IPO: Quick Guide 📈
In an Offer for Sale (OFS), no new shares are created, and the company receives no funds—proceeds go directly to the selling promoter or government.
Existing vs. New Shares: OFS resells existing shares; IPOs issue fresh shares.
Speed: OFS takes 1–2 trading days, whereas IPOs take 3–5 working days.
Bidding Timeline: Non-retail bidding opens on T Day; Retail investors (up to ₹2,00,000) bid on T+1 Day.
Seller Goal: Promoters use OFS to meet SEBI's 25% Minimum Public Shareholding norm or execute government disinvestment.