OFS takes bigger share of IPO proceeds in H1 FY27
In short
In H1 FY27, nearly six out of every 10 rupees raised in IPOs went to selling shareholders, according to a BusinessLine summary. It says NSE’s large all-OFS issue helped drive that shift.
This means more IPO money is going to existing owners than to fresh company capital. The reporting does not give the full breakdown for other IPOs or say how long the trend will last.
What the reporting says
Nearly six of every 10 rupees raised through IPOs in H1 FY27 went to selling shareholders, according to a BusinessLine Markets summary citing NSE’s mega all-OFS issue. The report says this marks a shift toward offer-for-sale structures rather than new capital for companies. The immediate consequence is a changed mix of IPO fundraising, while the exact company-by-company breakdown is not stated in the available reporting.
Why it matters
The BusinessLine summary says nearly 60% of IPO money in H1 FY27 went to selling shareholders, with NSE’s mega all-OFS issue driving the change. That means offer-for-sale deals are taking a larger share of IPO activity than fresh fundraising. The report does not name the full list of issues or explain whether the trend will continue beyond H1 FY27.