Twenty-four new companies on the Frankfurt Stock Exchange in 2015/Issue volume reached of around €7 billion
Deutsche Börse reports that 2015 has been a positive year for IPOs on the Frankfurt Stock Exchange. 24 new companies had been listed on the exchange, making 2015 Deutsche Börse's best year in terms of number and volume of IPOs since 2007.
Eighteen new companies were listed in the Prime Standard (2014: ten companies), two new companies in the General Standard (2014: four companies) and four new companies in the Entry Standard (2014: five companies).
The total issue volume stands at around €7 billion (2014: €4 billion). Taking this key figure, the largest IPOs this year were Covestro AG with €1.5 billion, Deutsche Pfandbriefbank AG with €1.16 billion and Scout24 AG with €1.02 billion. The 24 new entrants accounted for a market capitalisation of around €38.48 billion at initial listing; in 2014, this figure for all new entrants was €21.41 billion.
Of all companies who made their debut on the Frankfurt Stock Exchange in 2015, eight have been admitted to a Deutsche Börse selection index. Covestro AG and Deutsche Pfandbriefbank AG have advanced into the MDAX. Ado Properties S.A., Ferratum Oyj, Schaeffler AG, Scout 24 AG, Sixt Leasing AG and Tele Columbus AG have been included in the SDAX.