Deliveoo, a food delivery company, plans to allow retail investors to buy stocks in future IPOs with a campaign under the brand “Great food with a stock side.”
Following an increasing trend of companies wanting to get closer to their customers through an IPO, Deliveroo has allocated £ 50m of shares to acquire from retail investors.
But there are pitfalls …
Individual investors can only apply for shares in the Deliveroo IPO if they are existing clients. Telegraph..
As of Monday, existing customers will be able to register their interest in buying shares through an IPO through the company’s app.
There is a £ 1000 limit for each application from future shareholders.
When the IPO is oversubscribed, retail investors will shrink the application according to the quantity ordered by Deliveroo’s customers.
The Deliveroo IPO is expected to be the largest list in London in recent years, with a valuation of over £ 7 billion.
Many have foretold an IPO as a sign that London will maintain its financial market advantage in the post-Brexit region.
Deliveroo IPO that allows individual investors to buy stock
https://www.sharebuyers.co.uk/shares/deliveroo-ipo-retail-investors-buy-shares/ Deliveroo IPO that allows individual investors to buy stock