Launching an IPO

White, Brenda B.
February 2005
Mortgage Banking;Feb2005, Vol. 65 Issue 5, p17
This article discusses the basic procedure involved in launching an Initial Public Offering (IPO). Underwriting fees on an IPO are typically in the range of 6 percent of the overall dollar volume issued. An offering of $100 million of stock to the public is considered substantial enough for a large firm, but interest may wane in a $50 million transaction if one attempts to include more than one co-manager (another investment banking firm) in the transaction. The next hurdle is finding a banker with expertise in one's business sector.


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