Apple, Google, Amazon, and Tesla are?among the biggest companies in the world, right? While all of them have already gone public through IPOs, surprisingly,?none of them feature among the companies that had the biggest IPOs. Curious to know which have been the?world's biggest?IPOs?ever? Read on as we bring the top 10's list for you.?
IPO Date: Dec. 5, 2019
Capital Raised: $25.6 billion
Industry: Energy
This Saudi Arabian company is one of the world's largest companies. Formally called Saudi Arabian Oil Company, it is commonly referred to as Saudi Aramco or simply Aramco. As an energy company, it explores, produces, transports, and sells?crude oil?and natural gas. The company?went public?in December 2019 and began trading on the Saudi Stock Exchange.
IPO Date: Sept. 18, 2014
Capital Raised: $21.8 billion
Industry: Technology
Alibaba's IPO shattered all records, becoming the largest IPO ever¡ªat least until Saudi Aramco knocked it out of first place.104?The Alibaba buzz didn't die down after it went public. Four days after its IPO, underwriters exercised an option to sell more shares, bringing the total IPO to $25 billion.
Also Read:?What?Jack Ma?Learnt From Getting Rejected From 30 Jobs After College
IPO Date: Dec. 10, 2018
Capital Raised: $21.3 billion
Industry: Communication services
SoftBank was founded in 1986 and is headquartered in Tokyo. Contrary to what you may think by its name, it isn't a?bank. The company actually provides a range of communication services, including mobile and fixed-line communications, as well as ISP services. SoftBank also sells mobile devices to consumers.
IPO Date: Oct. 22, 1998
Capital Raised: $18.1 billion
Industry: Communication services
NTT Mobile Communication Network, also known as NTT DoCoMo, is a Tokyo?based telecommunications player that went to the public market in October 1998.?
IPO Date: March 18, 2008
Capital Raised: $17.4 billion
Industry: Financial services, technology
Competitor of Mastercard, Visa specializes in?debit?and?credit card?processing. Headquartered in San Francisco, California, the company has more than 70 million merchants that use its services worldwide. The company facilitates more than 206 billion?transactions?each year.
IPO Date: Oct. 21, 2010
Capital Raised: $17.8 billion
Industry: Financial services
AIA is a Hong Kong-based investment and?insurance company?that now trades on the Hong Kong Stock Exchange under the ticker 1299.21?The company's IPO was underwritten by Citi.4?The company provides a number of financial services, including insurance, to consumers in 18 different countries in Asia.
IPO Date: Nov, 1, 1999
Capital Raised: $16.4 billion
Industry: Utilities
Enel may not be a household name in the U.S., but it is well-known in Italy, where it is based. The company also provides power to consumers in 31 countries in Europe and Asia through 2.2 million kilometers of power lines.
IPO Date: May 17, 2012
Capital Raised: $16 billion
Industry: Technology
The company behind the popular?social media?platform (META) was one of the most hyped IPOs in history. It went public on May 17, 2012, and raised just over $16 billion.
IPO Date: Nov. 17, 2010
Capital Raised: $15.8 billion
Industry: Consumer discretionary
General Motors (GM) debuted in mid-November 2010, raising almost $16 billion and another $4.35 billion in preferred shares.3132?This is a big feat, considering the company emerged from a government-approved?bankruptcy?filing a year earlier.
IPO Date: Oct. 20, 2006
Capital Raised: $14 billion
Industry: Financial services
ICBC Bank or Industrial and Commercial Bank of China is a?multinational?financial services company based in Beijing. Founded in 1984, ICBC provides a range of financial products and services to retail and corporate clients in Asia, Europe, North and South America, and Oceania.
(Source: investopedia)
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