List of Offer for Sale (OFS) – February 2026

An Offer for Sale (OFS) is a market mechanism that allows promoters or large shareholders of a listed company to sell their shares directly to investors through the stock exchange platform. In simple terms, it enables bulk share sales by promoters, the government, or institutional investors in a transparent, efficient, and time-bound manner.

Why companies use the OFS route

OFS is commonly used to:

• Comply with SEBI’s Minimum Public Shareholding (MPS) norms

• Reduce promoter or government stake in a company

• Improve liquidity and increase public participation in the stock

Below is the list of Offer for Sale (OFS) scheduled for February 2026.

Example: How an OFS Works

Let’s understand the OFS process with a simple example.

• XYZ Ltd. is a listed company.

• The promoter holds a 70% stake in the company.

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

• To meet compliance or increase public shareholding, the promoter decides to sell 5% stake via OFS.

• 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.

• If an investor bids ₹205 and shares are available, allotment may happen at that price (or at the cut-off price, if applicable).

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

Outcome

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

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