Typically, direct listings are done by smaller companies as a way to avoid
the standard initial public offering preparation process.
Any amount less than several million dollars is too small to be considered for
a standard initial public offering of stock, for example.
Spotify's direct listing differed from
a standard initial public offering in that the company only sold existing shares instead of issuing new ones and had minimal contact with investment banks, which typically underwrite IPOs.
Not exact matches
HDFC
Standard Life Insurance Company's
initial public offer (IPO) was subscribed 4.89 times on the closing day of bidding on Thursday.
It's fairly
standard for a company to ask former employees to sign a lock - up agreement prior to the
initial public offering («IPO»).
As revealed by the sources, the biggest mortgage lender of India, HDFC
Standard Life, has shortlisted a law firm and some investment bankers to plan its life insurance JV's IPO (
initial public offering).
HDFC
Standard Life Insurance Company's Rs 8,700 - crore
initial public offering (IPO)-- the largest by a private sector firm in nearly a decade — was subscribed five times on Thursday, the last day of the
offering.
The
initial public offering of HDFC
Standard Life is expected to issue IPO in 2016.
HDFC on Monday said that the board of HDFC
Standard Life Insurance Company Limited has approved an enabling resolution for an
initial public offering (IPO)
They were only looking to close the books to prep them for a larger financial firm's overview —
standard steps towards an eventual
initial public offering on the stock market.