In the world of finance, we often come across the term FPO. It stands for Follow-on Public Offering, which is when a company that is already listed on the stock market decides to issue new securities to the public. This can be in the form of a fresh issue or an offer for sale. However, an offer for sale is only permitted if it is necessary to fulfill listing obligations. Now, let's delve deeper into the concept of FPO and its significance in the world of finance.
