Fuel Growth with a Seamless Follow-on Public Offer

Gretex helps listed companies raise additional capital through expertly managed FPOs ensuring regulatory compliance, strategic timing, and strong market positioning to maximize investor confidence and unlock the next phase of business growth

Raise Capital, Reinforce Growth

Follow-on Public Offers (FPOs) empower already-listed companies to issue additional shares and raise fresh equity capital beyond their initial public offering. This capital can be used for a range of strategic objectives—funding expansion plans, launching new business verticals, reducing high-cost debt, improving credit profiles, or strengthening the company's balance sheet to fuel future growth. Unlike debt instruments, FPOs offer a non-leveraged path to raise capital while enhancing liquidity and increasing public shareholding.

At Gretex, we bring deep domain expertise and regulatory insight to guide you through the entire FPO lifecycle. From evaluating your capital requirements and designing the optimal issue structure to preparing regulatory documentation, obtaining SEBI and exchange approvals, managing investor communications, and ensuring timely listing—we deliver a 360° execution framework tailored to your business goals. Our focus is not just compliance, but value creation—positioning your FPO to attract the right investors and maximize market confidence.

Schedule a free call

56+

SME IPOs Listed

16+

Sectors Served

10+

Years of Experience

The process of getting your IPO in the market

Feasibility Assessment

We begin by evaluating your eligibility, financial health, and market readiness anchored in SEBI regulations and listing norms.

Offer Structuring

We advise on issue size, pricing strategy, timing, and structure ensuring alignment with your capital objectives

Documentation Preparation

Our team collaborates with legal and financial advisors to draft a compliant and precise Draft Letter of Offer (DLOF)

Comprehensive Due Diligence

We conduct thorough financial, operational, and governance checks to ensure transparency and credibility throughout

Regulatory Filings & Approvals

From SEBI submissions to stock exchange approvals, we manage all regulatory touchpoints for seamless compliance

Investor Marketing Strategy

Through targeted roadshows, investor meetings, and digital campaigns, we drive visibility across institutional and retail segments

Issue
Execution

We oversee the full lifecycle from issue launch to allotment and listing with precision and regulatory discipline

Post-Issue Compliance

We support your transition into a listed environment with ongoing compliance, investor relations, and disclosure guidance

The Gretex Story

From a vision rooted in trust and ambition, Gretex has grown into a dynamic player in the financial services space. Our journey began with a focus on capital market advisory, and over the years, we've expanded our expertise across corporate finance, restructuring, and regulatory compliance — serving a diverse clientele with dedication and precision.

Learn more

Frequently Asked Questions

What is a Follow-on Public Offer (FPO)?

An FPO enables a listed company to raise additional equity capital by offering shares to the public—enhancing liquidity and financial flexibility

How does an FPO differ from an IPO?

An IPO is a company's first public issue. An FPO is a subsequent offering by an already listed company to raise further capital

What are the benefits of an FPO?

Key benefits include:

  • Raise capital for expansion or debt reduction
  • Improve liquidity and public float
  • Enhance market visibility and investor confidence
  • Meet minimum public shareholding norms

Who can invest in an FPO?

FPOs are open to:

  • Qualified Institutional Buyers (QIBs)
  • High Net Worth Individuals (HNIs)
  • Retail investors

Allocations are governed by SEBI guidelines.

What are the regulatory steps involved?

Key steps include:

  • Due diligence
  • Draft Letter of Offer (DLOF) preparation
  • SEBI and stock exchange approvals
  • Public disclosures and issue marketing

Gretex handles all compliance and coordination seamlessly

What is the typical FPO timeline?

A well-managed FPO typically takes 3-6 months, depending on documentation, regulatory clearances, and market conditions

What documents are required?

You will need:

  • Audited financials (3 years)
  • Board and shareholder resolutions
  • Corporate governance records
  • Risk disclosures and business overview
  • Legal and financial due diligence reports

Gretex supports the compilation and vetting of all required documents

What happens post-FPO?

Post-issue, shares are allotted and listed. Ongoing compliance, reporting, and investor communication follow—where we continue to support you

How does Gretex support FPO execution?

Gretex will help you with:

  • Strategic planning and offer structuring
  • Regulatory liaison and compliance
  • Investor outreach and roadshow execution
  • End-to-end issue management and post-listing support

Why partner with Gretex?

Gretex provides end-to-end FPO advisory, including:

  • Feasibility assessment and strategic planning
  • Issue structuring and pricing strategy
  • Regulatory filings and SEBI/exchange liaison
  • Marketing, investor roadshows, and PR
  • End-to-end issue management and post-listing support

Can Gretex help assess FPO suitability?

Yes. We offer a detailed capital strategy review to help determine the optimal route FPO, rights issue, QIP, or preferential allotment

Can Gretex manage investor roadshows?

Yes. We tailor investor engagement strategies connecting you with QIBs, HNIs, and retail participants across key markets