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प्रश्न
Explain the following term/concept.
Further Public Offer
टिप्पणी लिखिए
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उत्तर
(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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