Allfunds oversubscribed on final day of bookbuild

By Sam Kerr
22 Apr 2021

The IPO of Allfunds was covered well in excess of the deal size on Thursday morning, proving that some deals in the European IPO market still attract strong demand.

Allfunds, the B2B wealth management platform listing in Amsterdam, will price its IPO at €11.50 a share — the top of its revised price range of €11.25-€11.50. The final price was in the top half of Allfunds’ original share range of €10.50-€12.00 and valuation of around €7.2bn.

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