The IPO year of Homes & Holiday AG is 2018
Initial public offering is a type of public offering in which shares of a company usually are sold to institutional investors that in turn, sell to the general public, on a securities exchange, for the first time.
Through IPO a privately held company transforms into a public company. Initial public offerings are mostly used by companies to raise the expansion of capital, possibly to monetize the investments of early private investors, and to become publicly traded enterprises. A company selling shares is never required to repay the capital to its public investors. After the IPO, when shares trade freely in the open market, money passes between public investors.
Although IPO offers many advantages, there are also significant disadvantages, chief among these are the costs associated with the process and the requirement to disclose certain information that could prove helpful to competitors.
The IPO process is colloquially known as going public. Details of the proposed offering are disclosed to potential purchasers in the form of a lengthy document known as a prospectus. Most companies undertake an IPO with the assistance of an investment banking firm acting in the capacity of an underwriter. Underwriters provide several services, including help with correctly assessing the value of shares.
Homes & Holiday AG, through its subsidiaries, franchises holiday properties. It is also involved in the provision of holiday lettings and services for holiday properties; and real estate agent services. Homes & Holiday AG also publishes holiday guide for Finca hotels and selected holiday homes from the Porta Holiday portfolio in Germany, Spain, and Mallorca. The company franchises and operates its properties under the Porta Mondial, Porta Holiday, and Places Magazine brands. Homes & Holiday AG was founded in 2017 and is headquartered in Munich, Germany.