Kodi IPO ndi momwe ndalama zimene issuer ndi

IPO - ndi onse yoyamba nkhani ya magawo a kampani, yomwe ikuchitika, kaŵirikaŵiri kupyolera kuphana katundu. Izi acronym m'malo kwamakono anabwera kwa ife miyambo Western. Komabe, njira yokha amatsatila malamulo Russian, makamaka lamulo "Pa sheya Market". Iyo imakhala kunja njira monga kulembetsa kusankha zochita pa nkhani ya sheya chilungamo , zofunika likamanena zikalata ufulu chokhazikitsidwa ndondomeko ya nkhani, boma kalembera, kuti amafuna prospectus ndi ena. Magawo onse kupanga ayenera kutsatira chilamulo ichi ndi malemba ena (kuphatikizapo wovomerezeka mwa utumiki Federal kumisika ndalama).

ndi IPO pakati pake penipeni chiyani? Inu mukhoza kunena kuti kwenikweni ndi pulogalamu ulaliki wa kampani kuti ndalama angathe kuchita kuti masheya a iwowa ndi chidwi - ndipo anagula iwo. The maphwando mu ndondomeko imeneyi ndi opereka kampani, underwriters, kutsogolera-Ngopambana (zambiri banki), malonda nsanja ndi anthu ena. Mbali yaikulu ankaimba ndi underwriters, amene ndipotu amalipiritsa adzaonetsetsa kuti IPO udzachitike.

Musanapite nkhani pagulu, kampani ali ndi njira zina kukhazikitsa yokha chuma. Kuti tichite zimenezi, iye ayenera kukhala wokongola mawu ndalama kwa zaka zingapo ndipo chiyembekezo chabwino chitukuko, chifukwa aliyense Investor ndi chidwi ndalama otetezedwa ndi opindulitsa. Ngati kampani ambiri akudziwa kuti katundu wake, yakhazikitsa ndi promissory cholemba pulogalamu, kuti apereke chuma, Mwina Kusinthaku bwino magawo ukuwonjezeka. Komanso, "otchuka" limakupatsani kugwira woyamba nkhani pagulu ndi ndalama kochepa kwa gulu. Koyamba nsembe anthu ikukhudza mayikidwe a magawo pa katundu kuwombola, kotero issuer ayeneranso kudziwa momwe likukwaniritsa zofunikira za dera - kuchokera Russian MICEX-RTS kuti NYSE yachilendo kapena LSE.

Financial ndi zina zambiri imafalikira woyang'anira patsogolo, amene amakonzekera ndi bungwe la memorandum zambiri kumalo a ntchito otchedwa msewu bwanji. Mu njira ya misonkhano yake ndi ogula angathe magawo a, kampani ukufanizidwa ndi kugawidwa mudziwe zimene IPO idzachitike kokacheza ena. Monga kutsogolera-woyang'anira amasankha ya underwriters pamaziko a zimene yotsirizira ndi Investor m'munsi, nkokoma mbiri, kodi mtengo wa mautumiki.

Sheya mu IPO akhoza adzaikidwa ntchito njira zotsatirazi:

1. Njira ya mitengo lokhazikika. Njira imeneyi amapereka mwayi wofanana kwambiri kuti ndalama zonse, amene ochepa okha kusankha mmene kugula masheya.

2. Yobetcherana. Imeneyi, magawo anagulitsa mu malo oyamba amene angathe ndalama zambiri.

3. Buku njira zomwe ndi ambiri. Tanthauzo la ndondomeko ndi kuti, mu chimango cha kuonetsa njira zambiri za amakonda ya ndalama. Malizitsani kujambula bukhu la malamulo underwriters, anapereka mtengo ndipo kuonetsetsa magawo. Zingapo za milandu, si analamula za chiopsezo cha udindo wonse pa m'khalapakati, monga Iye akugula phukusi ena a magawo okha.

Kodi IPO - mwa mawu a mtengo kampani? Akatswiri dziwani kuti ndithu ndondomeko mtengo, chifukwa Udindo wa intermediaries akhoza kusamalira mu 3% kuchuluka kwa mpweya ndi zina ndalama za chilamulo, zachuma, mabungwe malonda kungakhale za miliyoni. 1.5 ndalama ku Russia ndi oposa 2.5. kwa placements yachilendo.