There are reports which say that Zynga, the largest maker of games on the Facebook, is going to file for an IPO. According to what the close sources and the media reports say, this is about to happen as soon as the present week, if not, then certainly by the next week. Although Zynga has still kept its mouth shut regarding this matter. If Zynga does, it will file the IPO with the U.S. Securities and Exchange Commission, as per the reports given by a source that is in close proximity with this plan. This hot news has been reported in the All Things Digital blog of The Wall Street Journal.

Zynga is a widely popular game maker on Facebook which has under its banner, such trendy games like the Farmville, CityVille, Mafia Wars and Frontier Ville. This is a step in which Zynga will follow LinkedIn which is the world’s largest site for professional networking. LinkedIn has shown wonderful results last week after it has filed IPO. Recently even the web search giant of Russia named Yandex has made a whopping profit on Tuesday, the 24^th of May. Moreover, the plan for Zynga’s filing an IPO has been in the charts for a year, so this move seems quite expected.

An estimate already shows Zynga’s worth as on May 2011, to be $10 billion, again the post IPO success could therefore increase the game giant’s market value significantly or expectedly double its value, like the IPO did to the valuation of LinkedIn. Investors are too keen to put in money on the social networking sites especially Groupon and Facebook and other internet companies. Given the popularity of Zynga for its online gaming on Facebook, investors are eager to spend their money on it, expecting a huge turn over. Therefore, this could be called quite a profitable move for Zynga.

According to what the company claims, it has 250 million active gamers per month. Zynga’s original game of Poker still attracts as many as 35 million players; the game that is presently highest on the cards is CityVille, which reportedly has 90 million users for it as reported by AppData. These statistics prove that Zynga leads its nearest competitor, the second, most popular game developer by six times.

Last month, Zynga had hired John Schappert who had been the previous COO of Electronic Arts to hold a senior post in their company. They have also had meetings with the people who represent the Goldman Sachs (GS) and the Morgan Stanley group. Thus, they have had talks for their next task of opting for bankers to fund them as well as assist in the preparation of the regulations for the filing.

Therefore, the post IPO Zynga will supposedly bring about a hugely profitable business for the investors and both the company and the shareholders are keenly awaiting this move. Moreover, off late, Zynga has also been increasing its assets keeping this plan in mind.

Let’s wait & watch the fairytale story of Zynga!