Tuesday, May 8, 2012

Would you like to invest in Facebook?

This is high time as the most expected IPO in internet businesses history is making its way, yes, Facebook has begun its roadshow for investors towards its IPO on Monday. It seems many Indian investors also might be putting their money in Facebook.

For around 1,000 shares, one may need around Rs.18 lakhs (at a price of $35/share). Facebook's IPO offers around 337 million shares with a price band of $28-35 per share, raising around $14 billion. This puts the valuation of the company at $95 billion.

Facebook will start trading on May 18 on NASDAQ under the ticker, FB.

Facebook claims that it has more than 900 million active monthly users.

1 comment:

  1. Any help in getting 18 lakhs in two days is highly appreciated.

    ReplyDelete