Record number of IPOs in 08

opublikowano: 2008-04-17 19:09

Warsaw (Puls Biznesu) - Ludwik Sobolewski, the CEO of the Warsaw Stock Exchange, promised 70 IPOs this year. He turned out to be a pessimist, as there will be a rain of new stock on the WSE. According to a PB poll made among brokers, they plan as many as 128 IPOs this year worth PLN 20bn (EUR 5.8bn). Prepare your money, investors.

If these plans come true, last year’s results would be beaten. In 2008, there were 81 IPOs worth PLN 18.3bn. The brokerages planning biggest number of IPOs include: Unicredit CA IB, DM BZ WBK, DM Penetrator, DM IDM SA and DI BRE Bank.

So far, there have been only 9 IPOs worth PLN 360m this year. There should be 15 debuts monthly till the end of the year.

(PLN 1 = EUR 0.291)