OFS for LIC and Indosolar Opens: Government Leverages Stake Sales

The government has initiated two simultaneous Offer for Sale (OFS) programs: one for LIC shares, and another through Indosolar, which proposes to offload approximately 2.4% equity. Institutional participation began July 10, with retail investor access to open on July 11.

These divestment efforts form part of the government’s broader capital-raising and market‑stabilizing strategies. The LIC OFS aligns with earlier commitments to monetize PSU stakes, while the renewable energy thrust through Indosolar signals focus on sustainable business models.

In capital markets, these offers could introduce short-term supply pressure on respective stocks. However, they also present selective opening opportunities for long-term investors, especially in solar energy and insurance sectors where valuations remain attractive.