offer for sale

The government plans to raise approximately Rs 5,000 crore by selling up to a 2% stake in Coal India through an offer for sale (OFS). The floor price is set at Rs 412 per share, nearly 10% below the current market price. This move follows a successful OFS in Central Bank of India.

IPO-bound Hero FinCorp is strategically leveraging AI for future growth, alongside focusing on 'Aspiring India' households and asset inclusion. The NBFC aims to raise approximately Rs 3,700 crore through its public offering. The company is utilizing AI for a real-time predictive risk intelligence system and to enhance customer service, demonstrating a significant evolution from its initial two-wheeler financing.

NSE's initial public offer received a significant boost as a majority of its shareholders agreed to divest their holdings for the offer for sale. The aggregate offering of shares has now surpassed the 4% limit of the exchange's total equity capital, paving the way for the IPO which could be valued at Rs 23,000 crore.

The Delhi High Court has issued a John Doe order to remove deepfake content infringing on Youtuber Bhuvan Bam's rights. This follows an earlier order protecting his personality rights. The court directed platforms like YouTube, Flipkart, Spotify, and Meta to take down unauthorized content and merchandise. This action aims to prevent irreparable harm to Bam and the public.

New-age insurer Acko, backed by General Atlantic and Accel, is gearing up for its IPO, aiming for an early 2027 launch. The company has appointed Morgan Stanley, ICICI Securities, and Kotak Securities as bankers. Acko targets a valuation of $2-2.5 billion, a significant increase from its previous $1.4 billion. This move comes as India's IPO market navigates global volatility.

Dealers may offer discounts, exchange benefits, corporate schemes or accessories. Buyers should compare offers and negotiate, as this can reduce the overall cost. Finalising a purchase should follow a proper comparison of shortlisted models. Decisions should not be influenced by limited-time offers or sales pressure, given the long-term nature of the investment.

Reliance Digital has launched its limited-time ‘Digital Discount Days’ campaign (April 3–19, 2026), offering massive savings across electronics. With deals like up to 50% off on a second product, bank discounts, and cashback via paper finance, shoppers can upgrade smartphones, appliances, and more while enjoying easy financing and reliable after-sales support.

Capital markets regulator Sebi on Tuesday tweaked the offer for sale (OFS) framework to provide more flexibility to promoters and large shareholders planning to sell their shares through the mechanism.

The offer for sale (OFS) route may have helped companies comply with the minimum public shareholding norms stipulated by market regulator Sebi.

Market regulator Sebi on Friday issued modified guidelines for offer for sale (OFS) mechanism or auction route, preferred by companies to offload shares in order to comply with minimum shareholding norms.

The government will take a final call on 5% stake sale in Coal India in the next 15 days, and will now go with OFS option rather than the follow-on public offer initially planned.

The Securities and Exchange Board of India (Sebi) may soon allow private equity funds and other large investors to offload their stakes in listed companies through the offer-for-sale route, said its chairman UK Sinha.

Tata Teleservices on Monday said market regulator Sebi has relaxed norms for offer for sale (OFS) of shares by promoters that will allow it to achieve the minimum level of public shareholding at 25%.

Fundraising in 2013 was mostly through 84 offers for sale through stock exchanges.

The first half of the current fiscal ended with a mobilisation of a meagre Rs 1,019 crore through IPOs, with another Rs 2,593 crore being raised through the offer for sale through the stock exchange mechanism, according to PRIME Database, which compiles data on the primary capital market.