Roadmap to an Initial Public Offering (IPO)

Initial public offering, or an IPO, is something that we normally associate with the success of a company and a process whereby the company will get loads of cash from the investors. It is the time when a company starts offering its shares to the public through the capital market and stock exchange. Companies like Felda Global Ventures, Sime Darby, Sapura, Facebook, Apple, Microsoft have all gone public.

It is indeed a wonderful thing for some companies but not all. Some failed.

I plan to start a series of writings based on IPO that will mirror the workshop that is going to be conducted under the same name. Comments are most, most welcomed.

The outline:

Roadmap to IPO

1.       The background and  economics of an IPO

a.       The objective of businesses and principles of corporate finance

b.      The capital market and the exchanges

c.       Creating  shareholder value

d.      Why go public? Is it the right thing to do?

2.       The benefits and drawbacks of being a listed company

a.       The benefits of being listed

b.      The cost of IPO and being listed

3.       Preparing for an IPO

a.       Types of company / entity that can go for an IPO

                                                   i.      Company

                                                 ii.      SPACs

                                                iii.      REITS

                                               iv.      ETF and closed-end funds

b.      Preparing for the IPO Journey

c.       Assessing the suitability and readiness  for an IPO

d.      IPO options and choosing a market for the IPO

e.      Market timing

f.        Building business process, infrastructure and compliance

g.       Establishing corporate governance

4.       Regulatory and disclosure requirements

a.       The securities laws , regulations and regulators

b.      Laws and regulatory requirements pertaining to IPO

c.       Listing routes and back-door listing

d.      Disclosure requirements

5.       The IPO process

a.       Building the right team to manage the IPO

b.      The complete cycle of an IPO process

c.       Obtaining approvals from regulators

d.      Investor relations and communications

e.      Prospectus

f.        Promoting, pricing and underwriting for the company

g.       Public offering options and its features

6.       Valuation in an IPO

a.       Valuing shares in an IPO

                                                   i.      DCF Valuations

                                                 ii.      Relative valuations

b.      Valuation issues and considerations

7.       Life as a listed company

a.       Investor / Analyst management

b.      Delivering value and promises

c.       Disclosure requirements

d.      PN17

---note---

Yazdi occasionally holds and runs corporate finance workshops, where you could gather the financial sense required to succeed in business or at your workplace. His past participants included senior managements (including a CEO or two) and executives of financial industry (including fund managers, analysts) as well as business practitioners.

If you would like to know more about his upcoming workshop of corporate finance in general, please free to drop your email at this link, here. We will not spam your mailbox - let's keep that personal between us. We appreciate your support and if you could share this with whoever you think might benefit from this (like friends or colleagues), we thank you a gazillion times.