Follow On Public Offer

A Follow-On Public Offer (FPO) enables a publicly traded company to issue additional shares to the public, raising more capital post its Initial Public Offering (IPO). Unlike an IPO, which marks a company’s debut, an FPO requires prior public listing. FPOs often price shares at a discount to the current market price, reflecting the company’s established track record, making them attractive to investors. This strategy helps firms fund expansion or reduce debt, leveraging their existing market presence to tap into public investment efficiently.