Top 10 Biggest IPOs Of All Time
China holds the first and second biggest initial public offerings ever as Asian and U.S. companies go head-to-head.
The biggest IPO in the most recent of memories is unquestionably, Facebook. The social media website created front-page news around the world last year when it listed on the Nasdaq Stock Exchange, before its shares dramatically fell in price.
But where does it compare with the biggest initial public offerings of all time? Well it doesn’t fare too badly at all, coming in seventh. But how many of the top 10 can you guess?
It may surprise some that the top three are all non-U.S. companies listed outside of the States. Then again it may surprise nobody that the top two are both from China.
1. Agricultural Bank of China
Date of IPO: 7 July, 2010
Deal size: US$19.23bn
Exchange: Hong Kong Stock Exchange/Shanghai Stock Exchange
Industry: Finance
2. Industrial and Commercial Bank of China
Date of IPO: 20 October, 2006
Deal size: US$19.09bn
Exchange: Hong Kong Stock Exchange/Shanghai Stock Exchange
Industry: Finance
3. NTT Mobile
Date of IPO: 22 October, 1998
Deal size: US$18.1bn
Exchange: Tokyo Stock Exchange
Industry: Communications
4. Visa
Date of IPO: 18 March, 2008
Deal size: US$17.86bn
Exchange: New York Stock Exchange
Industry: Finance
5. AIA
Date of IPO: 21 October, 2010
Deal size: US$17.82bn
Exchange: Hong Kong Stock Exchange
Industry: Finance
6. ENEL SpA
Date of IPO: 1 November, 1999
Deal size: US$16.45bn
Exchange: New York Stock Exchange
Industry: Energy
7. Facebook
Date of IPO: 18 May, 2012
Deal size: US$16bn
Exchange: Nasdaq Stock Exchange
Industry: Internet
8. General Motors
Date of IPO: 17 November, 2010
Deal size: US$15.8bn
Exchange: New York Stock Exchange
Industry: Automotive
9. NTT
Date of IPO: 9 February, 1987
Deal size: US$15.3bn
Exchange: Tokyo Stock Exchange
Industry: Communications
10. Deutsche Telekom
Date of IPO: 17 November, 1996
Deal size: US$13.03bn
Exchange: New York Stock Exchange
Industry: Communications