OFS Norms

From LIC's stake sale to Air India's handover, the government has used different routes to reduce its presence in state-owned firms

The ₹31,400-crore OFS by LIC is priced at ₹382, marking the first stake sale by the PSU insurer since its listing on bourses in 2022.

Shares tumbled nearly 9% on Tuesday even as bids worth over Rs 36k cr recd; settle at an over two-month low

Stock exchanges have asked brokers to tighten controls over OFS transactions after identifying shortcomings in order placement, particularly for large-value institutional bids

The government has mobilised ₹20,274 crore via PSU divestment in FY27, the highest so far since FY23 when it raised ₹35,294 crore.

Cochin Shipyard's OFS received bids worth 3.52 times the shares on offer on Day 1, prompting the government to exercise the entire green shoe option

The government will sell up to 5 per cent stake in Cochin Shipyard at a floor price of Rs 1,400 per share through an offer for sale beginning Tuesday. The "government announces offer for sale in Cochin Shipyard Ltd (CSL) with a base offer of 2.52 per cent of its paid-up equity and an additional 2.52 per cent as the green-shoe option in case of over subscription," Department of Investment and Public Asset Management (DIPAM) Secretary Arunish Chawla said on X. The offer for sale (OFS) opens for non-retail investors on July 7, 2026. Retail investors can bid on July 8, 2026. The floor price of Rs 1,400 per share is at a 7 per cent discount over Monday's closing price on BSE. Shares of Cochin Shipyard closed at Rs 1,504.75, down 1.25 per cent over the previous close on BSE on Monday. The government currently holds a 67.91 per cent stake in CSL. So far in the current fiscal, the government has sold stake via OFS in six public sector entities -- Central Bank of India, Coal India, NHPC,

The Centre plans to divest up to 3 per cent in NLC India through an offer for sale, while Carlsberg is preparing draft papers for a potential India listing

The government will sell up to 2 per cent stake in Coal India through an offer for sale at a floor price of Rs 412 apiece beginning Wednesday. The sale of up to 2 per cent stake or about 12.32 crore shares at Rs 412 apiece would fetch about Rs 5,000 crore to the exchequer. The OFS (offer for sale) will open for non-retail investors on May 27, and for retail investors on May 29. "Government of India announces OFS in Coal India Limited with a base offer of 1 per cent of its equity and an additional 1 per cent Green Shoe Option in case of oversubscription. Floor price fixed at Rs 412 per share," Department of Investment and Public Asset Management (DIPAM) Secretary Arunish Chawla said in a post on X. Shares of Coal India closed at Rs 458.25 on the BSE on Tuesday, up 0.25 per cent from the previous close. The floor price of Rs 412/share is at a 10 per cent discount over the current market price. With strong operational and financial performance, consistent returns and attractive ...

The government's Rs 2,250 crore share sale in Central Bank of India was fully subscribed, while large block deals were executed in Paytm and Adani Energy

The Centre has announced an Offer for Sale in BHEL to divest up to a 5 per cent stake, with bids opening for non-retail investors on Wednesday and retail investors on Thursday

The board of the National Stock Exchange (NSE) on Friday cleared the decks for its long-awaited initial public offering, approving the launch of its issue that will consist entirely of an offer-for-sale, with no fresh issue component. The decision comes shortly after market regulator Securities and Exchange Board of India granted a no-objection certificate (NOC), paving the way for the bourse to move ahead with its listing plans after more than a decade of delays. At the same meeting, the NSE board approved the reconstitution of the IPO Committee to facilitate and oversee activities delegated for the execution of the IPO process, according to a statement. The revamped committee will be chaired by Tablesh Pandey, non-independent director, and will include public interest directors Srinivas Injeti, Mamata Biswal, Abhilasha Kumari and G Sivakumar, along with Ashishkumar Chauhan, managing director and chief executive officer. The committee has been entrusted with supervising and ...

The Centre will sell a base tranche of 2 per cent, or about 385.1 million shares, with an option to offload an additional 1 per cent, or 192.5 million shares, through a green shoe option

data on 189 IPOs where information is available show that the total amount to be raised through fresh equity was Rs 1.20 trillion, with another offer for sale (OFS) component being Rs 62,000 crore

The Centre plans to offload up to 6% in Bank of Maharashtra through an OFS, including a 1% green-shoe option, potentially raising around Rs 2,500 crore and reducing government holding below 75%

66% of total IPO fundraising has been via OFS since 2015

The number of shares in the offer for sale (OFS) was reduced from 14.78 crore shares to 8.23 crore shares

Pine Labs files DRHP to raise ₹2,600 crore via fresh issue and OFS; proceeds to repay debt, expand globally, and invest in tech and digital checkout

Sagility's stock fell as much as 5 per cent as its promoter looks to offload a 15.02 per cent stake via an offer for sale

I-T department's investigation wing has issued multiple notices to investors seeking details on how they determined the acquisition cost of unlisted shares and calculated capital gains