Capital IQ: 14 investment banks underwriters received $42 million from Groupon IPO

Groupon successfully went public on Friday, November 9, 2011. According to Capital IQ data, 14 investment bank underwriters earned a total of US$42 million by taking on Groupon's IPO business. Morgan Stanley (abbreviated as JP Morgan) ranked first with a profit of US$17.4 million, followed by Goldman Sachs (US$8.9 million) and Credit Suisse (US$3.1 million) in second and third place respectively.

Groupon raised $700 million on its first day of listing, and closed at $26.11, up 30.55% from the issue price, with a market value of $16.46 billion. The main underwriters were Morgan Stanley, Goldman Sachs and Credit Suisse. In the previous subscription process, Groupon increased the issuance volume by 5 million shares due to more than 10 times oversubscription, with a total issuance of 35 million shares.

The following is a detailed list of the income of each investment bank in this business: