What do you mean by Green-shoe option?
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Answer / Sachin Yadav
The Green-Shoe option, also known as a 'Green Shoe Over-allotment option,' is a provision in an Initial Public Offering (IPO) that allows the underwriters to buy additional shares at the IPO price if there's significant demand beyond what was initially expected. It enables the issuing company to raise more funds than originally planned.
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