As GoDaddy IPO Date Approaches, Here Are Your Biggest Questions Answered

godaddy-truckThe GoDaddy IPO date is Wednesday, April 1. That's when "GDDY" stock will begin trading on the New York Stock Exchange.

This is the second time that GoDaddy has attempted an IPO. In 2006 the web company planned to go public but ended up withdrawing its deal, citing poor market conditions.

And because the GoDaddy IPO will be the most talked-about IPO of 2015 so far, we've answered the biggest questions that investors are asking now.

Here's everything you want to know about GDDY stock's debut...

GoDaddy IPO Date Is Here! This Is What We Know

What is the GoDaddy IPO price?

GoDaddy Inc. (NYSE: GDDY) set a price range of $17 to $19 for its IPO, and will announce a final share price the evening before shares begin trading.

How much money will the GoDaddy IPO raise?

The company plans to sell 22 million shares through the deal. At the high point of its price range, the IPO will raise approximately $418 million.

Go Daddy IPO at a Glance

Stock Debut Date: April 1

Ticker: (NYSE: GDDY)

Share Price Range: $17 to $19

Shares Sold: 22 million

IPO Total: $418 million (projected)

Number of Users: 12.7 million

How much is GoDaddy worth?

GoDaddy will be valued at roughly $2.87 billion following the IPO.

GoDaddy initially filed for its IPO in June and set a placeholder value of $100 million on the deal. The consensus at the time was that GoDaddy would be valued closer to $4.5 billion.

What does GoDaddy do?

The company is a web-domain service with more than 12.7 million customers. It also manages more than 57 million domain names. That domain business has been the company's hallmark since it was founded in 1997.

But it's best known for its marketing campaigns. High-profile spots during the Super Bowl and other major sporting events typically feature scantily clad models. The company has also sponsored NASCAR driver Danica Patrick.

Money Morning Members, continue reading for the answers to four more frequently asked questions...

How much money does GoDaddy make?

In 2014, GoDaddy's revenue climbed 22.7% to $1.4 billion. However, the company is still losing money.

GDDY lost $143.3 million in 2014. Yes, that's an improvement from the $199.9 million it lost in 2013 and the $279.3 million in 2012. But this is still a major concern for investors. GoDaddy isn't a new company. It's been on the market for 18 years and is still not making a profit.

Who are the underwriters of the GoDaddy IPO?

The deal's underwriters include Barclays Plc. (NYSE ADR: BCS), Citigroup Inc. (NYSE: C), Deutsche Bank AG (NYSE: DB), Morgan Stanley (NYSE: MS), and RBC Capital Markets.

Does GoDaddy have any competition?

[epom key="ddec3ef33420ef7c9964a4695c349764" redirect="" sourceid="" imported="false"]Just weeks after the GoDaddy IPO was filed, Google Inc. (Nasdaq: GOOG, GOOGL) announced it would enter the web domain business with "Google Domains." The service allows businesses to search, find, purchase, and transfer domain names.

GoDaddy also competes with smaller companies like Endurance, United Internet, and Network Solutions. But Google is the biggest fear for GoDaddy moving forward.

GoDaddy even admitted how worrisome the competition is in its IPO prospectus.

"Some of our current and potential competitors have greater resources, more brand recognition and consumer awareness, more diversified product offerings, greater international scope, and larger customer bases than we do," the company wrote.

Should I buy GoDaddy stock?

There's no question that the GoDaddy IPO will be the most talked about initial public offering that we've seen in 2015. But that doesn't mean you should buy into GDDY stock once it hits the market. In fact, there are there are three big reasons we're avoiding the GoDaddy IPO and GDDY stock...