The Largest ever IPO in World History

by khalid on 23/08/2010 · 0 comments

General Motors Company was a bankrupt company in last recession. Then it came out of the crunch by the help of US Government. Now the company marking the efforts to move away from the government aid. The company has filed registration papers for an initial public offering (IPO) with the US market regulator Securities Exchange Commission (SEC).

General Motors IPO could raise as much as $20 billion and so it will top the list of the biggest IPOs of all time globally.

Here is the list of world’s biggest IPOs.

1. Industrial & Commercial Bank of China
Country : China
Issue Date : 20th October 2006
Issue Size : $19,103.70 millions

2. NTT Mobile Communications Network
Country : Japan
Issue Date : 12th October 1998
Issue Size : $18,051.90 millions

3. Enel SpA
Country : Italy
Issue Date : 2nd November 1999
Issue Size : $16,588.70 millions

4. Nippon Telegraph & Telephone
Country : Japan
Issue Date : 4th October 1986
Issue Size : $13,745.10 millions

5. Deutsche Telekom AG
Country : Germany
Issue Date : 17th November 1996
Issue Size : $12,487.00 millions

6. Bank of China
Country : China
Issue Date : 23rd May 2006
Issue Size : $11,186.40 millions

7. OAO Rosneft
Country : Russia
Issue Date : 13th July 2006
Issue Size : $10,656.20 millions

8. AT&T Wireless Group
Country : U.S.
Issue Date : 26th April 2000
Issue Size : $10,620.00 millions

9. East Japan Railway Co
Country : Japan
Issue Date : 31st August 1993
Issue Size : $9,914.40 millions

10. Telstra Corp
Country : Australia
Issue Date : 15th November 1997
Issue Size : $9,818.70 millions

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