Alibaba's $25 billion IPO is the largest in history
China-based e-commerce company Alibaba Group raised a total of $25 billion (nearly ₹1,58,000 crores) when it went public two years ago on September 19, 2014, making it the largest IPO ever in the history. Jack Ma-led group's Initial Public Offering broke the record of the Agricultural Bank of China's offering, which had raised $22.1 billion in 2010.