What is OFS(Open for sale) ?

TradingFunda

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When a company enters the stock market it offers IPO for every small and big investor of the market. Which is very first issue of share of the new company in stock market.

OFS(Open for sale) when some big investor/promoter sells his/her large number of shares in stock market he/she decides a rate per share and allows some discount too. This is not very first release of shares in the stock market. It may occur time to time.

OFS is opted by company when its financial requirements are not met by funding through IPO. In an OFS, a promoter of the company sells their shares directly to the public on an exchange platform.
 
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