IPO and SPO pricing. On the way from the old market to the new. Malkov A.V.

In February 2022, the transformation process began, which radically changed the landscape of the Russian primary and secondary placement market (IPO and SPO). Expert, head of the Tinkoff Investment Capital Department, Anton Malkov analyzes this turning point in detail, revealing the features of the new market and its prospects.

In his book “IPO and SPO pricing” A. Malkov gives answers to key questions

• What is the uniqueness of the new market compared to the old?
• What are the advantages and restrictions in the market after 2022?
• What are the elements of the previous the market remain relevant today?
• In what direction will the new market develop?

on the basis of non -public information, the author conducts a fundamental analysis of the new market and shares the knowledge necessary for businessmen and bankers Striving successfully conduct an IPO or SPO. From determining the price range and placement price to the mechanism for collecting applications and allocations, from the time of entering the market to information transparency - each aspect of placement is carefully covered for a complete understanding of the process. The most experienced specialists of the Russian stock market, relevant statistics, practical cases and a fundamental comparison of the new market with the old.

The book will become indispensable for entrepreneurs and business owners who consider attracting capital through IPO or SPO in the Russian market. It will be useful to investment bankers engaged in organizing and conducting public placements. It will also be interesting to retail investors who seek to figure out how these markets work. And besides, the publication will be useful to everyone who is interested in the development of the Russian stock market after the key events of 2022, and those who want to be among the first in new trends and use the possibilities of new economic realities to expand their business.