What is FPO and how is it different from IPO? MintGenie explains
Updated: 04 Sep 2022, 11:00 AM IST
TL;DR.A follow-on public offering (FPO) is when a firm that is publicly traded, issues shares to investors. After an initial public offering, a firm may issue more shares in a follow-on offering. We elucidate the same in more detail.
Follow-on public offering (FPO) is the process through which companies that are already listed on the stock exchange sell a part of their stake to the investors.