tpg incs stock tpg received a warm reception on its public debut as the stock opened 119 its initial public offering price the alternative investment firm raised 8352 million as it sold 283 million shares in the ipo which priced overnight at 2950 a share in the middle of the expected range of between 28 and 31 a share the stocks first trade on the nasdaq was at 3300 at 1233 pm eastern for 24 million shares at that price the company was valued at about 101 billion since the open the stock has added slightly to gains to trade up 124 at 3315 the company went public on rather downbeat day for recentlyipod stocks as the renaissance ipo etf ipo dropped 35 while the sp 500 spx slipped 06