Fresh Issue vs Offer for Sale in IPO: An Easy Guide Fresh Issue vs Offer for Sale in IPO: An Easy Guide Imagine a company called XYZ Ltd. If XYZ Ltd. is planning to go public and raises Rs 100 crore through the IPO Kiran Shroff / Monday, February 17, 2025 / Article rating: 4.0 When a company decides to go public and offer its shares to the general public through an Initial Public Offering (IPO), it can choose to do this in one of two ways: through a Fresh Issue or an Offer for Sale (OFS).