What Is Offer For Sale – Meaning, Types & How To Invest In OFS
What Is Offer For Sale – Meaning, Types & How To Invest In OFS
Apr 11, 2021
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South Korean powerhouse LG Electronics India has launched its much-anticipated ₹11,607 crore IPO, opening for subscription today, 8th October. Backed by strong analyst support and a healthy grey market premium (GMP) of around 24%, the IPO has already generated significant investor interest. The issue, open until 9th October, is entirely an Offer for Sale (OFS), with the parent company LG Electronics Inc. divesting 10.18 crore shares. In this exclusive discussion, we speak to Mr. Sanjay Chitkara,
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