Tadawul was the largest in terms of IPO
volume, witnessing IPOs
of three Real Estate Investment Trusts (REITs) (38 per cent of total IPO
volume in Q4), raising $209 million, whereas, the Muscat Securities Market ("MSM") saw three IPOs
, which raised total proceeds of $82 million.
Compared with the same period last year, the number of IPOs
and proceeds raised in the fourth quarter of 2017 were considerably higher with $2.
Other major IPOs
in the pipeline includeMubadala Investment's IPO
of Emirates Global Aluminium next year.
Unlike other listed stocks in the market, IPOs
do not have a trading history.
Q2 2015 saw a significant increase in IPO
value, with nine IPOs
raising over $2.
26 billion from 10 IPOs
which was 14 per cent and 67 per cent higher in volume and proceeds respectively, than in the first half of 2013.
share was due to the extraordinary growth of IPOs
in foreign countries; in the 2000s, however, it was due to higher IPO
activity abroad combined with lower IPO
activity in the United States.
In this paper, we examine the IPO
valuations of second-time IPOs
(issuers that return to the IPO
market successfully after withdrawing their first IPO
attempt) directly to investigate whether and how the market incorporates previous IPO
withdrawals when pricing second-time IPOs
Of the 121 companies that made IPOs
in Japan last year, 29 firms, or 24 percent, saw their initial market quotes slip below their respective IPO
prices, Tokyo IPO
The difference is mainly due to the poor performance of the six IPOs
between the end of August and September.
CCH product manager John Strickland said the "ability to instantly sort through IPOs
by industry type, size of offer, fees paid and scores of other criteria, makes it easy for subscribers to zero in on data that's directly relevant to their interests, then make comparisons and even retrieve the actual language of a prospectus or other filing.
With half a dozen Chinese companies heading for flotations this year, 2004 could be another hot year for IPOs