What is an FPO i.e follow on public offering?
A follow-on public offer (FPO) is the process of issuing shares to investors or the existing shareholders by a public company that is already listed on an exchange.
An FPO is essentially a stock issue of additional shares made by a company that is already publicly listed and has gone through the IPO process.
FPOs are popular methods for companies to raise additional equity capital in the capital markets through a stock issue and diversify their equity base.
The application process is similar to that of IPOs. Click here to check the process to apply for an IPO through Zerodha.
Still need help?
×
![]()