In the coming week on Thursday, Porsche AG wants to go public. If everything goes according to plan, the shares can be bought on the stock exchange from Thursday onwards for everyone, regardless of whether they are private investors or professional investors. Here are the key takeaways for an IPO, which some are hoping could serve as a sort of icebreaker in the very frozen IPO market.
Inken Schoenauer
Editor in business, responsible for the financial market.
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What happens by Thursday?
The whole process is currently in the so-called subscription period. Shares ranging from EUR 76.50 to EUR 82.50 each have been available for subscription since last Monday until next Wednesday. Interested parties can submit their bids via his bank and also define the number of shares they want. However, Porsche shares are already oversubscribed. This means that many more investors want a share than is actually available in terms of quantity.