IPO (Initial Public Offering) is the moment when a private company becomes public and its shares begin trading on an exchange for the first time.

Through IPOs, companies entered the market that later shaped entire industries. That’s why each offering is not just a corporate event, but a reflection of where the global economy is heading.

Today the IPO market is gradually reviving. More technology, fintech, and fast-growing companies are preparing to list, and interest in new offerings is increasing again.

At the same time, today’s IPO market has an important feature: high competition for shares.

Strong offerings are often oversubscribed, meaning demand can significantly exceed the available supply. As a result, allocations frequently come in below the original request. Sometimes participants receive only a small portion of what they asked for. Institutional players typically have priority, so the available supply can run out quickly.

This mix of expectations, limited supply, and competition for allocation makes IPOs one of the most dynamic and closely watched areas of the stock market.

Following new offerings means staying close to the point where the future landscape of public companies is formed.

How the IPO process works

Going public is a complex process involving an entire ecosystem of professional participants.

Despite the complex infrastructure, the logic remains clear:
the company opens to the market — and the market forms its valuation.

IPO participation through Eterna

Eterna develops a technology infrastructure that enables platform users to access offerings in a structured and clear format.

The platform does not provide brokerage or investment services and does not issue individual recommendations. Eterna provides a technical environment and an organizational model that helps users submit requests and track participation within more accessible conditions.

How it works on Eterna

All IPO activity is managed in your personal account:

• IPO calendar — track upcoming deals in advance and plan activity.
• Request submission — submit in a few steps directly inside the platform.
• Participation statuses — clear visibility from submission to allocation.
• Current result display — after listing, all details are available in your interface.
• Allocation period — typically up to 30 days — a standard practice for such deals.
• Early exit — a mechanism is provided based on the terms of the offering.

Capital flexibility — a key advantage

If the request is not fully filled, the unallocated amount is automatically returned to your balance and becomes immediately available:

• to submit requests for new IPOs
• to connect to other platform products

This helps keep funds manageable without long waiting periods.

Offerings selection

The Eterna team pays close attention to the quality of offerings presented on the platform.

Each deal goes through preliminary analysis considering market conditions, sector, and overall interest.

This work is done by specialists with practical experience researching public markets and corporate offerings.

Important to consider

IPO participation involves market risks.

Allocation is not guaranteed, and price behavior after listing may differ from expectations.

That’s why IPOs are often approached as a market instrument that requires a balanced view and understanding of its specifics.

In summary

IPOs remain one of the most notable points of capital attraction in global markets.

This is where new public companies emerge, future leaders are valued, and long-term market stories begin.

Eterna’s technology infrastructure makes this segment clearer and more accessible, preserving process transparency and convenient participation management — from request to result.