The IPO Buzz: Wall Street’s Fleet Week

The headliner is Nielsen Holdings N.V. (NLSN – proposed), a Netherlands-based provider of audience measurement systems; it’s expected to raise $1.5 billion.
 
Among the rest are:
  • Adecoagro SA (AGRO – proposed), a South American agricultural producer, expected to raise $400 million.
  • BCD Semiconductor Manufacturing (BCDS – proposed), a China-based provider of semiconductor products, expected to raise $69 million.
  • InterXion Holding N.V. (INXN – proposed), a Netherlands-based European data center operator,  expected to raise $222.6 million.
  • Zuoan Fashion (ZA – proposed), a China-based designer of men’s casual wear, expected to raise $79 million.
  • And from the USA – Demand Media (DMD – proposed), an Internet media provider, expected to raise $112.5 million.
But these were not the only ships out there carrying goodies.
 
Romancing the Bull
Since the beginning of the year, 11 companies have filed plans to go public in the U.S. capital markets, according to Securities and Exchange Commission filings. They are expected to raise $3.3 billion.
 
Let’s turn back to last year. During the first two weeks of 2010, three companies filed plans to go public; they were looking to raise $397 million. For the same period in 2009, the number of IPO filings was: none.
 
Naturally, there are underlying forces that seem to be heating up the new-issue market. Let’s take a look at the stock market and the last 100 IPOs to have been priced. That reaches back to June 16, 2010.
 
On Friday, Jan. 14, 2011, the Nasdaq Composite Index closed at 2,755.30, UP 19.5 percent from 2,305.93 on June 16. That’s not too shabby. Then consider this:
 
The scorecard of the last 100 IPOs:
  • 78 Up
  • 22 Down
  • 0 Unchanged
  • 42.7 percent average gain
 
And the IPO ships will start docking in lower Manhattan next week.
 
 
Disclosure: Neither the author nor anyone else on the IPOScoop.com staff has a position in any stocks mentioned, nor do they trade or invest in IPOs. The author and IPOScoop.com staff do not issue advice, recommendations or opinions.