How to determine the number of shares of newly listed companies?

According to the shares of the company. According to the number of shares issued, the number of shares issued shall be subject to the company's regulations and plans. Determine the lower limit of issuance according to the registered capital, and determine the specific issuance quantity according to the financing amount, company valuation and underwriters. The share capital of the company shall be obtained by issuing shares within the approved total share capital. If the 5 billion shares are divided into 5 billion shares (generally not, but they are all compressed domestic shares), 2 billion shares will be raised and circulated in 20 yuan. 2 billion /20 issue 1 100 million shares. These 6,543.8 billion shares can be held by the original shareholders of Party A and Party B according to the original capital contribution ratio. Party A has 654.38+billion x-(x/5 billion), and so does Party B.. You can also issue new booths. Party A and Party B still have 5 billion shares, but the total shares have reached 5 1 100 million.

The share capital of the company shall be obtained by issuing shares within the approved total share capital. It is worth noting, however, that the proceeds from issuing shares are often inconsistent with the total share capital. If the company's income from issuing shares is greater than the total share capital, it is called premium issuance. Less than the total share capital is called discount; If it is equal to the total share capital, it will be issued at face value. Article 125 of the Company Law The capital of a joint stock limited company is divided into shares, and the amount of each share is equal. The shares of the company take the form of shares. A stock is a certificate issued by a company to prove the shares held by shareholders.

According to the provisions of the Securities Law on the listing conditions of stocks, the publicly issued shares (to be listed) account for more than 25% of the total shares of the company; If the company's total share capital exceeds 400 million yuan, the proportion of publicly issued shares is more than 10%. In practice, it is generally 25%, that is, in the process of IPO listing, there must be 25% of publicly issued shares, including both publicly issued new shares and old shares transferred by the original shareholders of the company according to regulations. Without transferring the old shares, the number of listed shares can be calculated according to the number of shares before IPO: original registered capital (total share capital) /3= issuing new shares; Original registered capital (total share capital) /75%= listed total share capital. This meeting is clearly written in the prospectus, just adding up the shares before issuance and the number of new shares issued. In the case of transfer of old shares, (number of new shares publicly issued+number of old shares transferred) /25%= total listed share capital.

Personal suggestion: Generally, the tradable shares of listed companies only account for 25%~40% of the total share capital. First, the CSRC does not agree with the large-scale issuance of listed companies according to the tolerance of the stock market. Secondly, listed companies must also prevent hostile takeovers, especially in countries such as energy, oil and minerals, which will not allow all shares of listed companies to circulate. However, there are many listed companies in A-shares that are fully circulated, so there is no question of lifting the ban on size.