Largest IPOs in Stock Market History
New York: By raising $25 billion, Chinese online giant Alibaba shattered the record for the largest initial public offering in history. (Also read: With Alibaba's Big Debut, 10 Things to Know)
After underwriters exercised an option for additional shares, the Chinese giant sold 368 million shares at $68, which put the total amount raised at $25.02 billion. (Read: Alibaba Shares Close Up 38% on Opening Day)
Here are the largest IPOs prior to Alibaba, according to the research firm Dealogic:
1. AgBank: The Agricultural Bank of China raised $22.117 billion in its 2010 IPO in Hong Kong and Shanghai.
2. ICBC: Another Chinese financial group, Industrial and Commercial Bank of China, held its 2006 IPO in Hong Kong and China, raising $21.929 billion.
3. AIA Group: The Asian unit of US insurance group AIG raised $20.494 billion in its 2010 Hong Kong IPO.
4. Visa Inc: The US payment and credit card issuer raised $19.650 billion in a 2008 IPO in New York.
5. NTT DoCoMo: The Japanese mobile carrier raised $18.379 billion in Tokyo in 1998.
6. General Motors: The US auto giant, after emerging from bankruptcy, took in $18.140 billion in 2010 in an IPO in New York and Toronto.
7. Enel: The Italian energy group raised $17.4 billion in a 1999 IPO in Milan and New York.
8. Facebook: The US social network in 2012 raised $16 billion.
9. NTT: Japan's former state-owned telecom group raised $13.6 billion in 1986 in Tokyo.
10. Deutsche Telekom: Germany's big telecom carrier, in an IPO in Frankfurt, New York and Tokyo, raised $13 billion.
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