List of Offer for Sale (OFS) – March 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 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

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

Key Highlights

• Total Offer Size: 26,38,747 shares
• Retail Reservation: 10% of issue size
• Allocation Method: Price Priority Method
• Face Value: ₹10 per share
• Market Lot: 1 share

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. To improve liquidity or meet compliance, the promoter decides to sell part of its stake via OFS. An OFS is announced with a floor price.

On the OFS Day

• You can place bids on NSE/BSE at or above the floor price
• Allocation is based on price priority
• Proceeds go directly to the promoter, not the company

Outcome

Promoter stake reduces

Investors get an opportunity to buy shares, often at a transparent price

📌 Source: BSE Notice – Swan Defence OFS Schedule