Prior to a new listing on a stock exchange, a company will have an initial public offering, whereby it will offer shares to the public and/or institutions.
An investment bank's back office needs to know if companies have declared their intentions of going public so that they can set up the issue in their reference databases.
Not all companies declaring their intention of going public actually do so. They may in the interim, be taken over, fail due diligence or not achieve the valuation that they had hoped for.
EDI monitors IPO's on a worldwide basis. We use local stock exchanges as our primary source of information, along with additional secondary sources, such as international news agencies, as confirmation.
The database provides updates on all IPO's from over 150 international exchanges.
The data is available online or via a FTP connection.
Contact us to find out more about our Initial Public Offerings data set.
Announcements are captured at 6 different stages:
New - indicates that the IPO is complete (or in action) and the listing date is today or yesterday.
Rumour - indicates that the company (or other respected source) has announced the intention to hold an IPO, but before the necessary approval has been made.
Pending - indicates that the IPO is confirmed and the necessary approval has been made.
Historical - indicates that the IPO has taken place and the listing date is more than 2 days before.
Postponed - an IPO which has been temporarily suspended, pending a further announcement on the operation of the placement.
Withdrawn - an IPO which has been permanently stopped due to the company's or regulatory body's decision.