Q.
What is the meaning of FPO sir
About: Company: UCO Bank
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meaning of fpo sir
Asked by indian mithran,
14 Dec '07 07:16 pm
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Answers (3)
1.
assume that u understand IPO per se. IPO is raising funds from public for the very first time(by sharing the ownership with them) while issuing more shares in the public for the want of more funds is called FPO. ICICI Bank's recent FPO is a case in point. promoter'ds stake comes down after each IPO/FPO.
Answered by vivek singh, 14 Dec '07 07:18 pm
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2.
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3.
Follow On Public Offer(FPO) When the company raises capital after an IPO has already been made and shares of company are held by public and are already listed on the stock exchange.
Answered by venu g, 14 Dec '07 07:19 pm
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