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Explain the following term/concept. Further Public Offer - Secretarial Practice

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Question

Explain the following term/concept.

Further Public Offer

Short Note

Solution

(a) Follow-on Public Offering or Further Public Offer, is the process of offering shares to the public, after the process of IPO.

(b) In FPO, the company goes for a further issue of shares to the general public with a view to diversifying its equity base. The shares are offered for sale by the company through the prospectus.

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Methods of Issue of Shares
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Chapter 3: Issue of Shares - EXERCISE [Page 65]

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Balbharati Secretarial Practice [English] 12 Standard HSC Maharashtra State Board
Chapter 3 Issue of Shares
EXERCISE | Q 2. 17. | Page 65

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