Zerodha (Flat Rs 20 Per Trade)
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
Promoters or existing investors sell their stake to the public during an IPO. These entities are early-stage investors (already holding the company’s shares) who realise the value of their holdings by selling shares in an IPO. OFS helps improve public shareholding and liquidity after listing. The company does not receive any proceeds from the Offer for sale.
