Which among the following pertain to selling of shares?
1. Offer for Sale (OFS)
2. Follow-on Public Offers (FPOs)
3. Institutional Placement Programme (IPP)
4. Green shoe option
Select the correct option from the codes given below:
Greenshoe options typically allow underwriters to sell up to 15% more shares than the original number set by the issuer, if demand conditions warrant such action. However, some issuers prefer not to include greenshoe options in their underwriting agreements under certain circumstances, such as if the issuer wants to fund a specific project with a fixed amount of cost and does not want more capital than it originally sought.
This question is a part of GKToday's Integrated IAS General Studies Module