What Is Follow On Public Offer
A Follow On Public Offer (FPO) is when an already publicly listed company issues additional shares to investors. This is usually done to diversify equity or raise capital to pay debts, fund operations, or facilitate expansion without increasing debt.
List Of Current/Upcoming Follow On Public Offers for July 2024
The following are the current/upcoming follow on public offers for the month of July:
| Company | Subscription Period | Issue Price | Issue Size (₹ Cr.) | Price Band (₹) |
| Nephro Care India Ltd | 28 Jun – 2 Jul 2024 | Book Building – SME | 38.96 – 41.26 | 85.00 |
Introduction of the Upcoming Follow On Public Offers for July 2024
Nephro Care India Ltd
Nephro Care India Ltd, a leading provider of kidney care and dialysis services, is launching a Full Public Offering (FPO) to raise ₹41.26 crore. This initiative aims to expand their network and enhance access to high-quality renal care across India. Committed to affordable and advanced treatments, Nephro Care strives to improve life quality for kidney patients nationwide with innovative healthcare solutions.
Upcoming Follow On Public Offers – FAQs
Follow-on Public Offerings (FPOs) are secondary offerings where companies already listed on the stock exchange issue additional shares to the public. This helps them raise capital for various purposes like expansion or debt repayment.
Investing in an FPO can be beneficial as it allows companies to raise funds for expansion or debt reduction. However, investors should approach it cautiously, assessing the company’s financial health and market conditions to make informed decisions about potential risks and returns.
Dilutive FPO:
–>In this type of FPO, new shares are issued, which increases the total number of outstanding shares in the market.
Non-Dilutive FPO:
–>This occurs when existing shareholders, such as promoters or private equity investors, sell their shares to the public. This type of offer is also known as an Offer for Sale (OFS).
To invest in a Follow-on Public Offering (FPO), you need to start by opening a Demat account and a trading account with a brokerage firm like Alice Blue. Next, review the FPO details, apply through net banking, and bid for shares.
Disclaimer: The above news is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
