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How to invest in the Porsche IPO from New Zealand

Porsche is set to go public, here's what you need to know if you're looking to buy in.

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Latest updates

Sep 21, 2022: Porsche stock has been priced between €76.50 and €82.50 for the IPO. Analysts expect the company IPO to raise up to €75 billion.

Sep 15, 2022: Mediobanca, which helped Ferrari and Salvatore Ferragamo go public, will be Porsche’s Financial Adviser for the IPO.

Aug 31, 2022: Porsche confirmed plans to go public in September with a target valuation of up to A$124 billion (£73.1 billion). The number of stock pre-orders reportedly outnumbers the amount of stock being offered.

Luxury vehicle manufacturer, Porsche, is expected to go public on the Frankfurt Stock Exchange in an effort to boost the valuation of its parent company, Volkswagen Group.

Unfortunately, it’s difficult for retail investors to buy into European IPOs directly from New Zealand. Your easiest option is to sign up with a stock broker with access to German exchanges and buy shares on the day it lists.

The following brokers are some we found that offer German stocks: Blackbull Markets, Zacks Trade and Rockfort Markets.

Alternatively, you could buy Porsche Automobil Holding stock which currently trades on OTC markets under POAH. You’ll be able to buy POAH stocks ahead of the IPO via a stock broker with access to US OTC markets, including Stake and Tiger Brokers.

Here’s what we know about the IPO and how to buy Porsche stock in New Zealand when it becomes available in Germany.

What we know about the Porsche IPO

German-based luxury vehicle manufacturer, Porsche AG, is expected to begin trading on the Frankfurt Stock Exchange on Thursday September 29, 2022 under the ticker symbol “P911.”

Stocks are expected to open at a price of €76.50-€82.50 each. Altogether, the company is targeting a valuation of US$70.1 billion to US$75.1 billion.

Currently, Porsche stock trades on OTC Markets under the ticker symbol “POAHY.” The company filed a prospectus on September 19, 2022. We’ll update this page as more information becomes available.

How to buy shares in Porsche when it goes public

  1. Compare share trading platforms. To buy shares in a company listed in the Frankfurt Stock Exchange from New Zealand you’ll need to find a trading platform that offers access to Germany stock markets. Our table below can help you choose.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  3. Search for Porsche. Find the share by name or ticker symbol: P911. You can also search for any other shares traded publicly on exchanges available within your chosen platform.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Porsche reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At price of at you’re buying the shares, weigh your budget against a diversified portfolio that can minimise risk through the market’s ups and downs.
  6. Check in on your investment. Congratulations, you own a part of Porsche. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Finder’s picks for buying Porsche when it goes public

Compare share trading platforms

Name Product Min. Monthly Fee Available Investment Types Available Markets Offer
OFFER
BlackBull Markets Share Trading
$0
Shares
US, NZ, AU, Funds with exposure to multiple markets
Sharesies
$0
Shares, ETFs, Managed Funds, Index Funds
US, NZ, AU, Funds with exposure to multiple markets
OFFER
Hatch
$0
Shares, ETFs
US
OFFER
Tiger Brokers
$0
Shares, ETFs, Options
US, AU, Funds with exposure to multiple markets
OFFER
Stake
$0
Shares
US
Zacks Trade
Zacks Trade
$0
Shares, ETFs, Bonds, Options
US, AU, Funds with exposure to multiple markets
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Compare up to 4 providers

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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