SLM Solutions AG IPO year

What is the IPO year of SLM Solutions AG?

The IPO year of SLM Solutions Group AG is 2014

What is the definition of IPO year?

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.

IPO year of companies in the Industrials sector on XETRA compared to SLM Solutions AG

What does SLM Solutions AG do?

SLM Solutions Group AG provides metal-based additive manufacturing technology solutions in Germany and internationally. The company operates through two segments, Machine Business and After Sales Business. The Machine Business segment engages in the development, production, marketing, and sale of machines and peripheral equipment for selective laser melting. The After Sales Business segment provides machine-related services; and sells replacement parts, accessories, merchandise, and consumables, as well as offers various services. The company also offers software solutions. It serves aerospace, mechanical engineering, tool construction, and automotive industries, as well as medical technology and energy sectors. The company is headquartered in Lübeck, Germany.

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