On January 4, 2022 – TPG Capital, an investment company with $109B in assets under management, has set terms of its initial public offering (IPO) aiming for a valuation of as much as $9.3B
- Detailed instructions how to participate in TPG (pre-IPO, offering price) see below👇
What is an IPO and how it works
IPO is a process of offering shares of a private corporation to the public in a new stock issuance. Why go public? The primary benefit of going public is easier access to capital.
To go public, a company must have a track record of growth and other favorable results and hire an investment bank (J.P. Morgan, Goldman Sachs, Morgan Stanley, TPG Capital BD LLC and BofA Securities in TPG case) to come in and underwrite the IPO. The underwriters also performed due diligence and verified financial information and business model.
Once the paperwork done, the company sells the stock to institutional investors. When the initial block of shares has been sold, the company with underwriters' help sets an initial price and date for the stock to begin trading on a stock exchange.
Company Profile and Financial Indicators before TPG IPO
TPG is a private equity and venture capital company specializing in incubation, early stage, post-startup, growth capital, turnaround, joint ventures, spinouts, special situations, recapitalization, expansion capital, restructurings, buyins, buyouts, and investments in middle market distressed companies. It manages funds specializing in private equity, venture capital, public equity, and debt investments. The Company prefers to invest in all sectors focusing on technology, healthcare, industrials, travel, hardware, entertainment, retail, power, natural resource and energy, consumer, branded foods, leisure products, media and communications, telecommunications, financial and business resources, financial services, service industries, infrastructure, internet consulting, logistics and fulfillment (enabling e-commerce) and wireless and broadband, real estate, internet, and digital media, biopharma, information technology, telecommunications technologies, business process outsourcing, applications software, communications equipment, and storage sector, and healthcare companies.
The firm, is an investor in Airbnb, Uber and Spotify
How to Buy TPG Stocks Before the IPO (Offering Price)
In the past, IPOs as highly profitable investments were available only to the privileged customers of the leading brokerage firms and it was challenging for retail investors to gain access. You couldn't buy shares paying the price set by the company and you had to wait until the shares actually start trading on the public stock market at whatever stock price supply and demand allows.
Technologies and marketplaces changed the rules of the game, now regular investors can get pre-IPO shares. To participate in TPG IPO you need to use an IPO investing app like Freedom Finance (NASDAQ: FRHC), TD Ameritrade or Fidelity. They give its customers access to IPOs and secondary offerings through their existing brokerage account. Also you can buy TPG shares when the company goes public via a trading app like eToro.
🚨 Detailed Instructions How to Participate in the TPG IPO before public trading:
Below we share the instruction how to participate in the approaching TPG IPO using Freedom Finance (Freedom24 platform). This marketplace is chosen as an example because almost all high-profile IPOs get listed there.
*** Freedom Finance services are NOT available to US citizens and residents.
- Apply for a Freedom Finance account — you need to prepare your identity document and a document confirming the address of residence (utility bill). The verification process is very fast, it will take 2 minutes to create your account.
- Deposit your account — to participate in an IPO, your account must have available funds in the amount you send IPO application for.
- 💡 Tip: It's recommended to deposit your account in advance. Often the exact IPO date is undefined until the last day. You may have a short notice for participation and account deposits also takes time for processing. Also, sometimes Freedom sends last-minute IPO offer when you have 2 hours to participate.
- Submit a request to participate in the IPO — when applications are open select TPG and click Participate in the IPO > input the amount you want to invest > Send your application. Note: Before the book closing, a request can be withdrawn. At the time of the book closing, 1 day before the start of the exchange trading, the specified amount will be blocked on the account.
- Wait for allocation — The actual number of stocks purchased during an IPO depends on supply and demand. The higher underwriter reserves the right to partial execution of collective applications. So if the demand is high you may get less than you applied for. Of course, you will only pay for the shares purchased. The rest of the funds will be returned to your account.
- Start of trading — With the beginning of the public trading on the stock exchange, the purchased shares will appear on the account and a lock-up period will start — a 93-day period of prohibition on sale. You can’t sell stocks, but you can track their current value and growth indicators in your personal member area and a trading terminal.
- Closing your trade — At the end of the 93 days lock-up period, you will be able to manage your stocks at your discretion — leave in the portfolio or sell and withdraw money or transfer the stocks to another depository/ broker in your name. This can be done in your account by clicking the ‘Sell’ button next to the name of the security. In this case, a commission of 0.5% of the amount of the sale transaction is charged.
Is investing in IPOs profitable?
Not always. The average return at the end of the lock-up period is 72%, past IPOs data.
When is the TPG IPO date?
TPG's IPO date is not defined yet. We will update when the exact TPG date IPO is known – if you want to get notified please subscribe for updates here.
What is TPG IPO price range?
TPG IPO price range is $28 and $31 a share.
How to Invest in TPG after the IPO date (opening price)?
After the IPO you can buy TPG stocks via Freedom24. Or if you're from the US use a trading app like eToro on the first trading day.
In what currency TPG IPO and post-IPO shares will be traded?
The TPG IPO and stock trading currency will be USD.
If you have funds in another currency the cheapest way to convert your currency is to use the mid-market rate (that’s the one you’ll find on Google) which can be done via a fintech service like Wise. Banks may add hidden markups to their exchange rates - charging you more without your knowledge. And if they have a fee, they charge you twice. Wise never hides fees in the exchange rate.
What is the TPG (stock symbol)
The stock ticker for TPG will be share here when known.
TPG Prospectus
TPG Registration Statement on Form S-1
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