Correct the underlined words and rewrite the sentence : FPO refers to offering of shares to the public for the first time.

Q.1 (D) (2) Correct the underlined words and rewrite the sentence : FPO refers to offering of shares to the public for the first time.

Doubtly Asked 29 Oct 2026 Board exam · March 2024 hsc 12th Save WhatsApp Report

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Answer: IPO (Initial Public Offer) refers to offering of shares to the public for the first time.

An FPO (Further Public Offer) is made by a company that is already listed. The first offer of shares to the public by an unlisted company is an IPO.

Doubtly AI · 29 Oct 2026 AI-verified · Nov 2026 Report

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