Watching a private company go public can be a very exciting time for investors. This is a time when money is moving fast to grow a company and for those who own shares, it could be a fast way to make money.
Here are the 25 IPOs that made the biggest profits.
IPO date: October 4, 1998
Nominal value: $5.58 billion
Adjusted for inflation: $9.01 billion
Ticker symbol: OTCMKTS: SCMWY
Current price: $58.31
When the government-owned Swissom – a monopoly – had a third of its shares released to the public, Switzerland's leading telecommunication company's IPO was the biggest in Europe.
24. Telstra Corporation
IPO date: November 17, 1997
Nominal value: $5.65 billion
Adjusted for inflation: $9.28 billion
Ticker symbol: OTCMKTS: TLSYY
Current price: $13.80
Another telecommunications company had its company shares put out by the government to break up its monopoly too. Anyone who bought into the IPO has done well as it remains the largest telecom company in Australia.
23. Japan Airlines
IPO date: September 19, 2012
Nominal value: $8.5 billion
Adjusted for inflation: $9.8 billion
Ticker symbol: OTCMKTS: JAPSY
Current price: $12.31
Japan Airlines, owned by the state, filed for bankruptcy in 2010 but a restructuring and IPO had the airline becoming the third-biggest in all of Asia.
Now known as Aowei Holding, this Chinese mining company opened shares in 2013. Even with its huge IPO value, only 25% of the shares are available to the public – the rest is owned by the founder's family.
21. Electricite de France
IPO date: November 18, 2005
Nominal value: $8.33 billion
Adjusted for inflation: $11.4 billion
Ticker symbol: OTCMKTS: ECIFY
Current price: $2.86
France's largest state-owned utility company is so profitable it was the No. 1 biggest revenue maker in the world for utilities in 2020. When it went public, it broke records.
IPO date: May 19, 2021
Nominal value: $10.05 billion
Adjusted for inflation: $11.94 billion
Ticker symbol: OTCMKTS: GLNCY
Current price: $8.95
Another Swiss company had a huge IPO – it was the largest on the London Stock Exchange when it debuted. The commodities company is global and works in 35 countries.
Kraft may have a long history in America but it wasn't until 2001 that its IPO was offered. It's the world's fifth-largest food company and since its IPO launch, it has split the company into two with Mondelez International.
18. Dai-Ichi Life
IPO date: April 1, 2010
Nominal value: $11 billion
Adjusted for inflation: $13.27 billion
Ticker symbol: TYO: 8750
Current price: 2,228 JPY
Life insurance is big business and Japan's insurance company had a successful IPO launch. Four years late, the company became the No. 1 life insurance company in the country.
17. Rosneft Oil Corporation
IPO date: July 13, 2006
Nominal value: $10.4 billion
Adjusted for inflation: $13.7 billion
Ticker symbol: OTCMKTS: OJSCY
Current price: $7.28
Russia's natural resources company has 40% of its shares owned by the government but the IPO launch was a huge success. The company is the world's 10th largest oil and gas supplier.
China owned its biggest bank but was constantly in trouble due to rumored corruption. Releasing stock to the public was meant to keep the company – one of the largest banks in the world – more in check.
15. France Telecom
IPO date: October 17, 1997
Nominal value: $7.29 billion
Adjusted for inflation: $15.26 billion
Ticker symbol: NYSE: ORAN
Current price: $12.92
Now known as Orange S.S., the French government released 20% of shares in the late 90s. Today, the company is the country's largest telecom business and Europe's third-largest.
14. AT&T Wireless
IPO date: April 26, 2000
Nominal value: $10.62 billion
Adjusted for inflation: $16.44 billion
Ticker symbol: NYSE: T
Current price: $29.01
When AT&T launched its IPO, it broke records. The company, which can track its roots straight back to the inventor of the telephone, Alexander Graham Bell, is one of the largest in America.