Follow-On Public Offer (FPO) is a situation where a listed company on a stock exchange offers more stock to the public to raise more capital through a fresh issue of new shares, an Offer for Sale (OFS) of existing stocks, or a combination of both.
| Aspect | IPO | FPO |
|---|---|---|
| Issuer | Unlisted private company | Already a publicly listed company |
| Capital Flow | Entirely to the company | Fresh issue → company; OFS → selling promoters |
| Purpose | Debut fundraising, listing | Expansion, recapitalization, promoter exit |
| Pricing | Based on pre‑IPO valuation | Based on the current stock price |
A Follow-On Public Offer (FPO) may appear simple, particularly when you are an already listed company, but the truth is, it is a tricky, high-stakes procedure that directly affects your valuation, investor confidence and future growth. This is why professional FPO advisory is not only useful, but necessary:
FPOs are not “just another funding round.” You must determine the appropriate time, amount, form and price, but at the same time, it must be in line with your current financial standing and the market conditions. In the absence of professional contribution, there is a greater probability of underperformance or market rejection.
Filing a complaint FPO means dealing with SEBI, ROC, stock exchanges, merchant bankers, auditors, legal advisors, etc. A single delay or documentation mistake will upset your schedule. Advisory makes sure that everything is filed, cleared, and approved without a setback.
Investors not only evaluate FPOs based on figures, but also on their presentation. Advisory makes your growth story, business model and plans compelling and compliant, so the market knows your value.
Whether it is internal teams or external agencies, an FPO needs cross-functional coordination, which tends to overwhelm the company leadership. Your dedicated advisory firm, such as India IPO, will be your project owner and keep everything and everyone on track.
An FPO will impact your stock price, brand image, shareholder base and future fundraising capability. Advisory also helps ensure that your strategic interests are met by the decisions made in the FPO, and not only capital objectives.
An FPO will impact your stock price, brand image, shareholder base and future fundraising capability. Advisory also helps ensure that your strategic interests are met by the decisions made in the FPO, and not only capital objectives.
An FPO seems like a new challenge even when you have an IPO. When you have a professional FPO advisory partner such as India IPO, then you will be able to go through it with ease, professionalism and profitability without losing your main business line of focus.
Before launching an FPO, it is important to evaluate the extent to which your business is in its best position to raise follow-on capital or not. We begin by assessing where your company is in the market and how it can fit into future fundraising ambitions.
We help design the most effective FPO structure suited to your growth strategy, shareholder objectives, and market conditions. Our team crafts a detailed plan, aligning compliance, capital market trends and stakeholder interests.
A smooth and compliant FPO requires detailed documentation and close coordination with regulatory bodies. We manage this entire process end-to-end to ensure full SEBI and exchange compliance.
Managing an FPO involves numerous internal and external stakeholders. India IPO acts as your execution partner, streamlining communication and managing deliverables across all parties.
Positioning your company in the public market post-listing is vital. We help you craft your FPO story, increase visibility, and gain investor confidence through targeted outreach.
The journey doesn’t end at listing. India IPO remains your long-term partner in fulfilling regulatory commitments and capital market strategies post FPO.
Our specialist team is ready to assist whether you are a company requiring capital, a promoter looking at partial exits or an investor looking at new opportunities. We can customize an FPO strategy, which fits your goals and fully utilizes the market potential.
