IPOs and Equity Offerings

by Ross Geddes

An initial public offering (IPO) is one of the most significant events in corporate life. It follows months, even years of preparation. During the boom years of the late 1990s bull market, IPOs of growth companies captured the imagination and pocketbooks of investors like never before.

This book goes behind the scenes to examine the process of an offering from the decision to go public to the procedures of a subsequent equity offering. The book is written from the perspective of an experienced investment banker describing the hows and whys of IPOs and subsequent equity issues.

Each aspect of an IPO is illustrated with plenty of international examples pitched alongside relevant academic research to offer a combination of theoretical rigour and practical application.

Topics covered
- the decision to go public
- legal and regulatory aspects of an offering; marketing and research
- valuation and pricing
- allocations of shares to investors
- examination of fees and commissions

* Global UK, European and US practices, regulations and examples, and case studies
* First hand experience written by an IPO trader with academic rigour
* Includes the changes in the market that resulted from 1998-2000 equity boom

Genres: Finance

272 pages, Hardcover

First published June 15, 2002

Reviews

[Todd Andress · Rating 3 out of 5]

Pretty decent book. Does a nice job of differentiating the UK and US markets, which is what I was really interested in. Not a whole lot of depth to the book but a good overview of the equity capital markets. Also has some good statistical research to support certain aspects of the markets. Overall, I think it's worth the read.