Britain has launched its largest IPO since 2006 for the incumbent delivery services group Royal Mail in order to push the state-owned group into privatisation.

IBTimes UK decided to give you a snapshot look at the key statistics surrounding the floatation.

Share Price: 330p

Market Value: £3.3bn

Demand: Oversubscribed with almost 700,000 private investors applying for shares

Who Gets the Shares? Private investors who applied for the minimum £750 up to £10,000 will receive shares worth £749.10

Who Doesn't Get the Shares? Wealthy investors were snubbed. Applications for more than £10,000 will receive nothing.

Key Facts:

Third largest IPO globally in 2013 year-to-date (YTD)

Largest European IPO since Bankia SA priced for $2.8bn in July 2011

Third largest postal services IPO on record behind Deutsche Post (£3.6bn) in November 2000 and United Parcel Service (£3.4bn) in November 1999

UK IPOs total $10.3bn via 42 deals in 2013 YTD, already up from £1.6bn via 25 deals in full year 2012

The highest annual volume and activity since £10.3bn via 124 deals in 2007

At $67.9bn global IPOs are up 15% from £58.7bn in 2012 YTD.

UK IPOs make up 9% of global IPO volume in 2013 YTD, the highest YTD share since 11% in 2006

Goldman Sachs leads the both the UK and global IPO bookrunner ranking in 2013 YTD, while Bank of America Merrill Lynch leads the UK total ECM bookrunner ranking for the first YTD period since 2008

All statistics provided by Dealogic.