In 2010, numerous companies made history in the global economy as we saw them go public, raising billions of dollars with their initial public offerings (IPOs). The big companies boldly moved to go public during the economic uncertainty period, which was a success. The movement encouraged more industries to follow suit.

These companies were making headlines, attracting huge investors and the general public. This article will explore some of the biggest companies that had their IPOs in 2010. The paper will also examine their business models, growth plans, and effects on the world economy.  

Check out the most prominent companies that had their IPOs in 2010. They include the following: 

1. General Motors

On November 17, 2010, General Motors (GM), the company that owns GMC, Buick, Chevrolet, and Cadillac, held a massive public offering, issuing the shares at $33 per share. The company raised $16 billion from ordinary shares and $4.35 billion from preferred shares. The IPO was vital to the automaker as it helped pull it out of the financial crisis. The automaker could pay back government loans from the 2008 financial crisis.  

2. Agricultural Bank of China (ABC)

The Agricultural Bank of China is one of the state-owned banks in China. The bank trades on both the Hong Kong and Shanghai stock exchanges. When it went public on July 7, 2010, it became the second-biggest IPO. The bank issued shares, which raised US$ 22.1 billion. The proceeds fund domestic and international business expansion.

3. AIA Group (AIA)

The AIA Group is a company that provides financial services, including insurance services. The company trades in Hong Kong and has outlets in more than 18 countries in Asia. Its IPO on October 21, 2010, raised $17.8 billion. The firm used its funds to expand operations in Asia. 

4. Tesla, Inc.

The automotive company held an IPO on June 29, 2010, trading shares at $17. The shares raised $193 million, which it used to expand its operations.

5. Molycorp

The parent company of Molycorp Minerals LLC owns the non-Chinese world’s largest deposit of rare-earth metals. On July 29, 2010, it went public. The Molycorp company traded at $14 per share, and it was able to sell 28,125,000 shares in the IPO. The stock is trading on the NYSE under the MCP ticker symbol. The company raised $394 million in its IPO. The proceeds fund the restart of mining operations for rare earth metals used to make magnets.

6. Enel Green Power

Enel Green Power Company deals with renewable energy. It is part of the Italian utility Enel. On December 9, 2010, the firm held an IPO dubbed the "greenshoe option" with a price of Euros 1.60 per share for 1.6 million shares. The proceeds of the offer generated 2.4 billion Euros net of commissions and expenses, with a complementary consequent deduction of consolidated net monetary debt. The company used the funds to expand its renewable energy sector in emerging markets.

7. SS&C Technologies

SS&C Technologies provides investment and software-enabled financial services. The company issued 10.5 million shares in an IPO at $15 on March 31, 2010. The company raised $ 160.9 million from the proceeds of the offer. The funds helped in expansion processes. 

8. Green Dot Corporation

At the New York Stock Exchange, Green Dot Corporation, registering under the GDOT ticker,  went public on July 22, 2010. The stock had an opening price of $36 per share, and it managed to generate $164M. Green Dot Corporation, the leading service provider of prepaid financial services, announced a Class A common stock initial public offer of 4,558,050 shares to the public. 

9. Qlik Company

The Qlik Company is in Radnor, Pennsylvania, in the United States, that helps people simplify how people use data. They make it a natural part of the way they make decisions. On July 16, 2010, the company offered IPO stock at the price of $10, and it generated $112 million. The amounts helped in acquisition and innovation procedures.

10. The Fresh Market

It's a chain of supermarkets in the United States based in Greensboro, North Carolina. On November 5, 2010, the chain increased its IPO share price from $18-$20 to $22. The offer raised $290 million trading in Nasdaq under the TFM symbol, which helped in expansion. The funds helped in general corporate activities such as the payment of debts. 

11. RealPage Inc.

The company in Carrollton, Texas, had an Initial Public Offer in 2010 for $11 per share. It is the top provider of on-demand property organized facilitation solutions that enable proprietors to organize family and many multi-family rental possessions. It is mandated to manage its purchasing, pricing,  marketing, accounting, and other proper procedures. It trades in the Global Select Market NASDAQ under the " RP" ticker symbol. The company stockholders were selling 6,300 300 shares, offering 6,000,000. The RealPage company did not receive the proceeds from the share sale. 

12. Inc.'s 

It is China's top Internet video company. Inc. offered 12.31 million shares to American depositary priced at $48.18. The company raised $593 million, which it used for video program purchasing, technology, product development, infrastructure, and marketing.

13. BroadSoft

It is a communications company based in Gaithersburg, Maryland.  The company sells software that facilitates voice and multimedia Internet communications. BroadSoft's Initial Public Offering in June 2010 raised $44.7 million from 7.5 million shares priced at $9 to $11 per share.


2010 was an important year when companies went public. They raised billions of dollars from IPOs. They helped pay debts, invest in technology, government bailout loans, and expand operations. The IPOs gave the stock market a boost and improved its overall performance. Some companies, like Tesla and General Motors, became significant players in their sectors.