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Ofs Norms

Govt plans to sell 3.5% stake in Hindustan Aeronautics through OFS

The government owns 75 per cent in the public sector aerospace and defence business

Govt plans to sell 3.5% stake in Hindustan Aeronautics through OFS
Updated On : 22 Mar 2023 | 9:19 PM IST

Regulator Sebi brings OFS framework 2.0, allows exit to non-promoters

The OFS mechanism will also be available to companies with a market capitalisation of Rs 1,000 crore, Sebi said

Regulator Sebi brings OFS framework 2.0, allows exit to non-promoters
Updated On : 10 Jan 2023 | 10:36 PM IST

Centre to sell up to 5% stake in IRCTC via OFS to garner Rs 2,720 crore

Floor price fixed at Rs 680/share, an over 7% discount to Wednesday closing price

Centre to sell up to 5% stake in IRCTC via OFS to garner Rs 2,720 crore
Updated On : 14 Dec 2022 | 10:41 PM IST

Tracxn Technologies garners Rs 139 crore from anchor investors

The company's Initial Public Offering (IPO) will be entirely an Offer For Sale (OFS) of 38,672,208 equity shares by promoters and investors

Tracxn Technologies garners Rs 139 crore from anchor investors
Updated On : 07 Oct 2022 | 11:10 PM IST

'Offer for sale' mechanism to get mega boost as Sebi relaxes norms

Among other things, the cooling-off period required between two OFSs has been reduced to as less as two weeks from 12 weeks at present

'Offer for sale' mechanism to get mega boost as Sebi relaxes norms
Updated On : 04 Oct 2022 | 10:59 PM IST

Agrochem firm Hemani Industries files draft papers for Rs 2,000-cr IPO

The IPO will comprise fresh issue of equity shares aggregating up to Rs 500 cr and an Offer For Sale of equity shares worth up to Rs 1,500 cr by its promoters

Agrochem firm Hemani Industries files draft papers for Rs 2,000-cr IPO
Updated On : 29 Mar 2022 | 4:24 PM IST

Macleods Pharma files DRHP for second largest IPO by drug co at Rs 5,000 cr

It is entirely an offer for sale or OFS, company won't receive any of the proceeds

Macleods Pharma files DRHP for second largest IPO by drug co at Rs 5,000 cr
Updated On : 16 Feb 2022 | 12:20 AM IST

Policybazaar's Rs 5.8k-crore IPO to open on Monday: Check details here

The IPO comprises a fresh issue of Rs 3,750 crore, along with an offer for sale (OFS) of Rs 1959.72 crore by existing promoters and shareholders

Policybazaar's Rs 5.8k-crore IPO to open on Monday: Check details here
Updated On : 27 Oct 2021 | 12:25 AM IST

Hindustan Copper OFS over-subscribed; institutions bid for Rs 700 cr shares

The government's up to 10 per cent stake sale in Hindustan Copper got off to a good start on Thursday with institutional investors putting in bids of over Rs 700 crore.

Hindustan Copper OFS over-subscribed; institutions bid for Rs 700 cr shares
Updated On : 16 Sep 2021 | 6:29 PM IST

Sebi puts Gemini Edibles & Fats India's Rs 2,500-crore IPO in 'abeyance'

Without disclosing the reason, Sebi said "issuance of observations kept in abeyance" with regard to the IPO of Gemini Edibles & Fats India according to an update on the Sebi's website as of August 20

Sebi puts Gemini Edibles & Fats India's Rs 2,500-crore IPO in 'abeyance'
Updated On : 23 Aug 2021 | 9:53 PM IST

Why it is not so easy for a retail investor to make money in an IPO

Allotment could be low, and expected listing-day gains can quickly morph into losses if sentiment takes a turn for the worse

Why it is not so easy for a retail investor to make money in an IPO
Updated On : 08 Aug 2021 | 7:30 PM IST

Axis Bank OFS retail book of 5.8 mn shares receives just 28% subscription

Unsubscribed portion of the OFS will be allotted to non-retail investors

Axis Bank OFS retail book of 5.8 mn shares receives just 28% subscription
Updated On : 20 May 2021 | 11:34 PM IST

Axis Bank's OFS opens for retail investors today. Should you subscribe?

Nearly all the brokerages retained their 'buy' calls on the stock post results with target prices as high as Rs 925

Axis Bank's OFS opens for retail investors today. Should you subscribe?
Updated On : 20 May 2021 | 10:26 AM IST

RIL to pare stake in Hathway Cable; to launch Rs 442-crore OFS on April 26

Sebi rules prescribe that promoters cannot hold more than 75 per cent in a company

RIL to pare stake in Hathway Cable; to launch Rs 442-crore OFS on April 26
Updated On : 24 Apr 2021 | 6:05 AM IST

Centre may sell stake in Rail Vikas Nigam through OFS this month

In October 2020, the government had announced it would sell its 15 per cent stake in the company

Centre may sell stake in Rail Vikas Nigam through OFS this month
Updated On : 19 Mar 2021 | 6:10 AM IST

Tata Comm OFS: Bids placed for 56 mn shares against 46 mn on the block

The government owns a 26 per cent stake in Tata Communications

Tata Comm OFS: Bids placed for 56 mn shares against 46 mn on the block
Updated On : 17 Mar 2021 | 12:49 AM IST

Sensex ends 92 pts higher, Nifty near 14,600; SAIL tanks 10%, HAL up 9%

Stock market LIVE updates: The Nifty sectoral indices were mixed, with gains in Nifty Pharma and Nifty FMCG indexes, up 0.8% and 0.7%, respectively being offset by losses in Nifty Metal, down 1%

Sensex ends 92 pts higher, Nifty near 14,600; SAIL tanks 10%, HAL up 9%
Updated On : 14 Jan 2021 | 3:53 PM IST

Antony Waste aims second shot at listing after failure of IPO in March

The company will launch its Rs 300-crore IPO again on December 21 in a price band of Rs 313-315 per share

Antony Waste aims second shot at listing after failure of IPO in March
Updated On : 17 Dec 2020 | 11:54 PM IST

IRCTC shares tank over 10% as govt begins to offload 20% stake via OFS

The stock ended at Rs 1,452, down 10.3 per cent. Analysts said the higher than excepted paper supply by the government weighed on sentiment

IRCTC shares tank over 10% as govt begins to offload 20% stake via OFS
Updated On : 11 Dec 2020 | 12:20 AM IST

GMM Pfaudler says ready to respond to charges on unusual trades during OFS

The stock continues to fall, and is down over 36 per cent since September 15

GMM Pfaudler says ready to respond to charges on unusual trades during OFS
Updated On : 25 Sep 2020 | 11:44 PM IST