In this article, we discuss the 5 largest IPOs of all time. If you want to read about some more popular IPOs, go directly to 15 Largest IPOs of All Time Worldwide.
5. ICBC
Market Capitalization as of October 28: $1.555 trillion HKD
Amount Raised at IPO: $19.07 billion
Industrial and Commercial Bank of China Limited (ICBC) provides banking products and services in the People’s Republic of China and internationally. It operates through Corporate Banking, Personal Banking, and Treasury Operations segments. ICBC made it to our list of the world’s largest IPOs, as it raised $19.07 billion in an October 2006 initial public offering, after pricing its units at HK$3.07 (39 cents), which was the higher end of its price guidance.
4. Bank of China
Market Capitalization as of October 28: $115.277 billion
Amount Raised at IPO: $9.73 billion
Bank of China was founded in 1912 and is headquartered in Beijing, China. The bank operates through six segments – Corporate Banking, Personal Banking, Treasury Operations, Investment Banking, Insurance, and Other Operations. Bank of China managed to raise $9.73 billion in Hong Kong in May 2006, and it priced the IPO shares at HK$2.95 each, after receiving orders worth over HK$150 billion. It was categorized as one of the largest IPOs of its time.
3. Deutsche Telekom AG
Market Capitalization as of October 28: $96.108 billion
Amount Raised at IPO: €10.0 billion
Deutsche Telekom AG is a German provider of integrated telecommunication services, offering fixed-network services, terminal equipment, and other hardware products. Deutsche Telekom AG listed initially for an IPO on November 18, 1996 for total proceeds of €10.0 billion. Deutsche Telekom AG was one of the biggest IPOs of its time.
2. AIA Group Limited
Market Capitalization as of October 28: $89.736 billion
Amount Raised at IPO: $17.9 billion
AIA Group Limited is a Hong Kong-based company that provides life insurance and financial services. The company raised $17.9 billion at its Hong Kong IPO in October 2010, with each unit priced at HK$19.68. It was one of the biggest IPOs of all time.
1. Saudi Aramco
Market Capitalization as of October 28: 7.631 trillion SAR
Amount Raised at IPO: $25.6 billion
Saudi Aramco was founded in 1933 and is headquartered in Dhahran, the Kingdom of Saudi Arabia. The company had its IPO in December 2019, initially raising $25.6 billion by selling 3 billion shares at $8.53 per share. The day after its IPO on December 11, 2019, the closing price valued Aramco at $1.87 trillion, demonstrating the massive demand for Saudi oil. It is one of the largest IPOs of all time worldwide.
You can also take a look at 10 Best UK Stocks To Buy Now and Best Housing Stocks To Buy.
