Robinhood has released an S-1 / a filing detailing its first IPO price range in the morning. After raising billions of rupees in the early part of the year, the company filed for public access in early July. Well-known U.S. consumer fintech giant wants to sell its first shares in the public market at $38 to $42 per share. Robinhood is selling 52,375,000 in its IPO, valued at $2.0 billion to $2.2 billion. Existing shareholders are offering another 2,625,000 but its underwriting banks have the option to buy another 5,500,000 shares in the transaction.
All told, Robinhood will see a hand trading of just $2.5 million worth of shares in the IPO at the top end of its initial price target. We want to know Robinhood’s simple and slim IPO valuation ranges and we want to dig into the company’s newly released Preliminary Q2 2021 results. Then looking at Robinhood’s current price range it seems like we’ll do more fun math to understand how rich, or better. From there, we’ll discuss whether we would expect to see an increase in its price range before Robinhood debuts.
We will start by calculating a few price tags to help keep the IPO price range for Robinhood from $ 38 to $42 per share. First, Robinhood’s post-IPO general share count would be 835,675,280, excluding shares reserved for potential underwriter purchases. The stock’s valuation gives Robinhood $31.8 billion at $38 per share and $35.1 billion at $42 per share. .
But how do people want to chat on Twitter about a completely thin assessment of the company? Robinhood is valued at more than $38 billion in the middle of its price range when the shares and options are counted on the shareholding RSU. The figure landed about $40 billion at the top end of Robinhood’s price range. So Robinhood is valued at $35 billion, calculated using ordinary share calculations, or more equity is calculated as much as $40 billion. Both numbers are plentiful and indicate that in the last 18 months, from Robinhood’s ups and downs to break-out unicorns to the category-defined coast, the public market is going to accept him, provided the price is within the minimum price.