List of Offer for Sale (OFS) – December 2025

An Offer for Sale (OFS) is a method through which promoters or large shareholders of a listed company sell their shares directly to investors via the stock exchange platform. In simple terms, it is a bulk sale of shares by promoters, the government, or institutional investors to the public.

OFS is commonly used to:

• Meet SEBI’s minimum public shareholding (MPS) norms

• Reduce promoter or government stake

• Increase public participation in a company

Below is the list of Offer for Sale (OFS) scheduled for December 2025.

Example: How an OFS Works

Let’s understand the concept with a simple example.

• XYZ Ltd. is a listed company.

• The promoter holds 70% stake in the company.

• As per SEBI regulations, promoter holding cannot exceed 75%.

• To comply with these norms, the promoter decides to sell 5% stake.

• An OFS is announced with a floor price of ₹200 per share.

On the OFS Day:

• Investors can place bids on the NSE/BSE at or above the floor price of ₹200.

• If an investor bids ₹205 and shares are available, the allotment may happen at that price.

• The proceeds from the sale go directly to the promoter (seller), not to the company.

Outcome:

• The promoter’s stake reduces from 70% to 65%.

• Investors get an opportunity to buy shares, often at a discounted or fixed price compared to the market.