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ipo process

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Here's What Happens During the IPO Roadshow Process

By , Associate Editor, Money Morning • @AlexMcGuire92 -

what happens during the ipo roadshow process

As more and more IPOs hit the market this year, one question often gets overlooked: what happens during the IPO roadshow process?

The "dog and pony show" is one of the many steps that a company goes through in marketing its IPO.

Here's a detailed breakdown of what happens during the IPO roadshow process...

IPO Calendar: 2013's Most-Anticipated Deal So Far is Coming to Market

By , Money Morning -

One of the most anticipated IPOs of 2013 is coming to market next week.

It's part of the handful of deals debuting next week, many of which include investment banks like Goldman Sachs, JPMorgan and BofA Merrill Lynch in lead roles.

The following few deals are expected to be high-demand offerings with solid aftermarket potential.

First, let's look at a couple of the small deals hitting the market next week. These are in addition to the three we profiled earlier in the week.

Three More for Your IPO Calendar

On Thursday, April 18, we will see an IPO from Taminco Corp. (NYSE: TAM), which produces alkylamines and alkylamine derivatives. These are used in the manufacturing of products for the agriculture, water treatment, personal & home care, animal nutrition and oil and gas end-markets. They help neutralize acidity, and remove contaminants from a wide range of products.

Taminco is the dominant player in a niche market with few competitors, giving it substantial pricing power, according to the prospectus. Most raw material price changes are easily passed on to the end consumer.

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IPO Calendar 2013: This Could Be the Biggest Week of the Year

By , Money Morning -

The third week of April will bring some of the best opportunities for IPOs. Here’s what’s on our IPO calendar now – and what you should watch for. Read more...

IPO Calendar 2013: Don't Miss GARS, PF

By , Money Morning -

The final week of March will bring two new IPOs: a closed fund management company and the food products firm responsible for Birds Eye Frozen Foods and Duncan Hines. Let's take a look

IPO Calendar 2013: Seven More Companies Coming to Market

By , Money Morning -

IPO

Seven companies are on our IPO calendar next week.

Traders and investors who track the IPO marketplace will be watching carefully to see if there is enough demand to meet the wave of capacity anticipated. Most suspect that the demand is more than strong enough and companies making their trading debut will be healthy performers.

Let's take a look at the upcoming IPOs investors should watch.

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IPO Calendar 2013: Don't Miss SSNI, MODN

By , Money Morning -

IPO

The IPO calendar for 2013 is starting to get more crowded as spring approaches.

The aftermarket for initial offerings has been especially strong as investors are rewarded for investing in new ventures and private equity cash outs.

Analysts expect the pace of offerings to continue to increase as the demand has been very strong and the equity markets are at or approaching new all-time highs.

There will be two deals pricing in the next couple weeks and several larger deals are expected by the end of the month, including the widely anticipated Sea World offering.

In the last few days there have been two deals added to the upcoming IPO calendar with specific pricing dates coming in the next couple weeks.

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IPO Calendar 2013: Who to Watch in March

By , Money Morning -

IPO

After a very quiet end to February, several high-profile deals should make the initial public offering (IPO) calendar for March 2013.

The year has gotten off to a great start with strong market performance by newly public companies. Overall there have been 20 IPOs so far this year and 17 are currently trading higher than the offering price.

One of the biggest has been Norwegian Cruise Line Holdings Ltd. (Nasdaq: NCLH) with a blistering gain of more than 50% in just a few weeks.

March will see a slow but interesting start with just two deals coming to market in the first week of the month.

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IPO Calendar 2013: Three Sweet Deals for February

By , Money Morning -

The IPO market is off to a solid start in 2013, with more upcoming opportunities to mark on your IPO calendar.

There have been several successful offerings so far this year that have rewarded investors with quick profits. Bright Horizons Family Solutions Inc. (NYSE: BFAM) was priced last month at $22 a share, and has delivered a 27% gain already. Norwegian Cruise Line Holdings Ltd. (Nasdaq: NCLH) was priced at $19 in mid-January and has already soared 39%.

The number of deals so far has been fairly small, but investors' appetite for IPOs remains strong as we move into February.

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2013 IPO Calendar: Who to Watch

By , Money Morning -

IPO

After Facebook Inc. (Nasdaq: FB) went public last year with disastrous results, the IPO calendar emptied for more than a month.

But thanks to a string of successes toward the end of 2012, the IPO market is heating up for 2013.

In fact, companies that went public after Facebook's May 18 IPO were up an average 31% through mid-December from their IPO price, with the S&P 500 only up 11% in that time.

As we start 2013, the overall pessimism that engulfed the IPO market since Facebook went public has disappeared.

"To me, it feels like a meaningful shift in the market," said Tom Murphy, a partner and head of the securities-capital and markets group at law firm McDermott Will & Emery. "With those companies [that had great IPOs], all in very different industries, getting out at the top of their ranges, and above, is a really strong signal."

The IPO Rebound

The IPO market started rebounding in October, specifically during the week of Oct. 8- Oct. 12, when nine companies went public, the most since the end of March.

"There was a big hiccup with Facebook, but in general, new issues in the market are doing well," Jonathan Crane, chairman of KeyBanc Capital Markets' equity-underwriting committee told The Wall Street Journal. "People are gravitating toward anything with growth, and in that respect, I think things have returned to normal."

The best performing of those October debuts was Workday Inc. (NYSE: WDAY), a provider of cloud-based applications used to organize human resources, accounting and other employee-related activities.

Workday went public Oct. 12 and opened at $48.05, 72% higher than its $28 offer price. It was the largest venture-backed IPO since Facebook went public in May, raising $637 million in cash. WDAY stock currently trades at $50.

Workday's IPO is part of a successful trend in cloud-based companies going public.

"For now, the megatrends in the IPO market include cloud-based computing - which includes companies such as Workday, Demandware Inc. (NYSE: DWRE), Splunk, ServiceNow Inc. (NYSE: NOW), Guidewire Software Inc. (NYSE: GWRE) and Palo Alto Networks - and high-end branded goods such as Michael Kors Holding Ltd. (NYSE: KORS) and Prada that appeal to consumers in emerging markets," says Sam Hamadeh, chief executive of Privco, a financial dataprovider.

Who to Put on Your 2013 IPO Calendar

Based on the performance of the above companies, there are plenty of reasons to be excited for next year's IPOs.

"The positive returns helped revive global IPO activity at the end of 2012 and should support stronger issuance in 2013 from the large $200 billion global IPO pipeline," according to Renaissance Capital's year-end IPO report.

Here are some IPOs in 2013 to keep an eye out for:

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