See: 3 Things You Must Do When Your Savings Reach $50,000 A follow-on public offer, or FPO, is similar to an IPO but differs in some crucial ways. Here’s what you need to know. Earning passive ...

According to the DRHP, the IPO consists a fresh issue of equity shares worth ₹500 crore and an offer-for-sale (OFS) of ₹80 crore.

The people who purchase the shares at the IPO price can gain by selling those when they increase in value after listing. IPOs provide financial fuel while enabling the public to invest alongside a ...