Yandex IPO: Russian Internet firm’s New York IPO

Google may be the most active search engine in the world, but in Russia, it Yandex which rules. Russian biggest internet firm, Yandex plans to come to the stock markets and list itself on the New York Stock Exchange or NYSE through an IPO or Initial Public Offering.


What is the size of the Yandex IPO?
Yandex IPO plans to raise around $1.5 billion to $2 billion through its initial public offering.

What are the business valuations of Yandex ?
As per the sources, the initial valuations of Yandex IPO place the valuation at around $5 billion.

Who are the lead underwriters for the Yandex IPO issue?
Morgan Stanley, Deutsche Bank and Renaissance Capital will be the lead underwriters of the Yandex IPO issue which will list on NYSE.

What are the market performance and financial results of Yandex?
Yandex was founded in 2000 by Arkady Volozh and Ilya Segalovich, who own around 30 percent. Yandex receives about twice as many searches in Russia per day than Google

When will the Yandex IPO hit the stock markets? The Yandex IPO will come to the markets sometimes during the fall season this year. Let’s see how this Yandex IPO performs in the markets!

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