What was the founders' stake worth when these figures were published

13million

16million

29 million

31 million

none of the above

Luxury rideshare firm OpulCars prices at 124 pence per share today after an Initial Public Offering (IPO), valuing the firm at E136m. Its biggest backer, MelCorp, is selling 75 percent of its holdings and will be left holding 8 percent of the firm's shares The founders will sell 50 percent of their shares and be left with 21 percent of the firm. Finally, GBO, the last of the firm's backers is selling 18 percent of its shares, leaving them with 9 percent of the firm. After the IPO, 60 percent of OpulCars stock will be sold. The shares are being sold for 83.4m. Markets had expected 45 percent of the stock to be available, but high demand pushed the sale up another 15 percentage points. It is understood that investors would have bought more, but MelCorp was keen to hold on to some of the company. The entire offering was covered by UK funds, without the need to tap up overseas buyers. OpulCars has expanded into foreign markets recently and many investors feel they have the potential to gain even more global traction. The buzz caused by this IPO has been electric- let's see if OpulCars can live up to expectations