Sunday, 11 December 2011

Some Famous IPO's

As Facebook is coming with its Initial Public Offer(IPO) worth $100 Billion,it has a new meaning not only because it is likely to set new records for IPOs, but because it will occur during one of the most impoverished economic times in Economic history still making over 1000 direct associates and former employees millionaires overnight.

Lets take a look at some of the famous IPOs..

Walmart
In 1970, Walmart offered 300,000 shares of its common stock to the public at a price of $16.50 per share. Walmart shares began trading on the New York Stock Exchange Aug. 25, 1972 under the symbol WMT.

Apple
Apple went public on December 12, 1980 at $22.00 per share. The stock has split three times since the IPO so on a split-adjusted basis the IPO share price was $2.75.
When Apple went public, it generated more capital than any IPO since Ford Motor Company in 1956 and instantly created more millionaires (about 300) than any company in history. Several venture capitalists cashed out, reaping billions in long-term capital gains.
Apple common shares are traded on The NASDAQ Global Select Market under the ticker symbol AAPL.

Microsoft
When Microsoft went public and launched its initial public offering (IPO) in 1986, the opening stock price was $21; after the trading day, the price closed at $27.75. As of July 2010, with the company's nine stock splits, any IPO shares would be multiplied by 288; if one was to buy the IPO today given the splits and other factors, it would cost about 9 cents

Google
Google's initial public offering (IPO) took place on August 19, 2004. The company offered 19,605,052 shares at a price of $85 per share. Shares were sold in a unique online auction format using a system built by Morgan Stanley and Credit Suisse, underwriters for the deal.The sale of $1.67 billion gave Google a market capitalization of more than $23 billion.The vast majority of the 271 million shares remained under the control of Google, and many Google employees became instant paper millionaires. Yahoo!, a competitor of Google, also benefited because it owned 8.4 million shares of Google before the IPO took place.

Reliance Power
On January 15, 2008, the company attracted $27.5 billion of bids on the first day of its initial public offering (IPO), equivalent to 10.5 times the stock on offer, thereby, creating India's IPO record. The upper cut off price for the bid was Rs. 450. The proposed IPO was to fund the development of its six power projects across the country whose completion dates are scheduled from December 2009 to March 2014.

Coal India
Coal India opened its Rs 15,000 crore mega issue for the biggest initial public offering (IPO), on Monday, Oct 18,2011 and up to 0.5 billion IPO was covered 0.11 times in the first hour of the very opening day.
The issue has been priced in the range of Rs 225 to Rs 245 a share and has been expected to be the prime attraction for retail investors.

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