NSE’s offer-for-sale (OFS) does not significantly change the shareholding positions of major investors, with institutional shareholders keeping large stakes after tendering shares. Reporting across outlets says the amount sold is limited relative to the holdings investors already held.
Times of India and Business Line note that many OFS participants are institutional investors, including nine foreign institutional investors (FIIs), alongside domestic institutions. Times of India adds that these 20 institutional investors collectively owned 15.96% of NSE before the IPO, indicating that despite participation in the OFS, investors remain materially invested. NDTV similarly emphasizes that only a small portion of holdings is sold, leaving investors with significant remaining positions.
While outlets differ slightly in the specific composition and pre-OFS ownership figures they highlight, the overall picture is consistent: the OFS involves institutional sellers, but their retained stakes remain substantial after the transaction.
