Number of IPOs up 104%

LSE figures show funds raised from initial public offerings (IPOs) have risen sharply this year.

Number of IPOs up 104%

The latest weekly figures from the London Stock Exchange show that from 1 January to 23 May, there were 55 IPOs that raised £7.7bn.

Compared to the same period in 2013, the number of IPOs is up by 104% and the amount of money raised at IPO is up by 173%. There were 23 on the main market and 32 on AIM. The deals included are those that started unconditional trading as of 23 May, so Saga is not included.

Of the list of IPOs below, many are currently below their float price. This shows that for retail investors buying into a float (as opposed to private equity exiting) it is by no means a one-way bet.

Issuer Date Money Raised (£m) Current Market Cap (£m) Market Country of Primary Business % Change In Offer Price/Current ICB Sector
RM2 International 06-Jan-14 137.20 194.87 AIM Global (US,CAD,Switz) -30.7% General Industrials
CityFibre Infrastructure Holdings 17-Jan-14 16.59 40.02 AIM UK 26.7% Fixed Line Telecommunications
Hurricane Energy 04-Feb-14 18.00 173.87 AIM UK -36.1% Oil & Gas Producers
Manx Telecom 10-Feb-14 156.32 181.64 AIM UK 13.4% Fixed Line Telecommunications
4D Pharma 18-Feb-14 16.55 63.96 AIM UK 75.0% Pharmaceuticals & Biotechnology
Atlantis Resources 20-Feb-14 12.00 51.39 AIM UK -28.7% Alternative Energy
Kennedy Wilson Europe Real Estate 25-Feb-14 931.00 1,011.10 Main Market UK, Ireland, Spain 1.0% Real Estate Investment & Services
McColl’s Retail Group 25-Feb-14 132.83 175.92 Main Market UK -12.0% Food & Drug Retailers
Summit Germany 26-Feb-14 28.60 161.99 AIM Germany 7.9% Real Estate Investment & Services
DX Group 27-Feb-14 200.53 280.74 AIM UK 40.0% Industrial Transportation
AO World 03-Mar-14 486.60 1,027.37 Main Market UK -14.4% General Retailers
Lenta 05-Mar-14 569.27 2,717.57 Main Market-GDR Russia 6.4% Food & Drug Retailers
Global Resources Investment Trust 07-Mar-14 37.80 24.73 Main Market Global Equity Investment Instruments
TwentyFour Select Monthly Income Fund 10-Mar-14 98.81 N/A Main Market UK Equity Investment Instruments
Koovs 10-Mar-14 22.00 37.37 AIM India 3.3% General Retailers
boohoo.com 14-Mar-14 300.00 519.45 AIM UK -7.5% General Retailers
Pets at Home Group 17-Mar-14 490.00 1,022.50 Main Market UK -16.5% General Retailers
Poundland Group 17-Mar-14 431.25 836.25 Main Market UK 11.5% General Retailers
Circassia Pharmaceuticals 18-Mar-14 209.00 568.26 Main Market UK -3.2% Pharmaceuticals & Biotechnology
Dalata Hotel Group 19-Mar-14 221.66 283.74 AIM and Dublin Ireland 12.8% Travel & Leisure
Gulf Marine Services 19-Mar-14 178.42 559.24 Main Market United Arab Emirates 18.5% Oil Equipment, Services & Distribution
Mosman Oil and Gas 20-Mar-14 1.50 Text AIM Australia, New Zealand 43.8% Oil & Gas Producers
XL Media 21-Mar-14 41.82 7.06 AIM Israel 23.5% Media
Nimrod Sea Assets 24-Mar-14 78.84 79.10 SFM Northern Europe, South East Asia Equity Investment Instruments
Xeros Technology Group 25-Mar-14 30.00 54.50 AIM UK -31.9% Industrial Engineering
Custodian REIT 26-Mar-14 55.00 141.56 Main Market UK 7.3% Equity Investment Instruments
Horizon Discovery Group 27-Mar-14 68.62 112.22 AIM UK -6.9% Pharmaceuticals & Biotechnology
Scholium 28-Mar-14 8.00 11.88 AIM UK -10.0% General Retailers
Venture Life Group 28-Mar-14 5.40 26.57 AIM UK 0.5% Food Producers
John Laing Environmental Assets Group 31-Mar-14 160.00 161.20 Main Market UK, Sweden 0.8% Equity Investment Instruments
Brit 02-Apr-14 240.00 940.00 Main Market US -2.1% Nonlife Insurance
SafeCharge International Group 02-Apr-14 75.75 249.35 AIM UK 2.8% Support Services
Rame Energy 04-Apr-14 2.11 14.41 AIM UK, Chile -16.0% Support Services
Tekcapital 04-Apr-14 2.0 5.57 AIM UK, US -1.0% Software & Computer Services
Canadian Overseas Petroleum 04-Apr-14 2.40 43.97 Main Market Liberia Oil & Gas Producers
Just Eat 08-Apr-14 360.00 1,258.70 Main Market – HGS UK -14.2% Travel & Leisure
SEPLAT Petroleum Development 14-Apr-14 300.90 1,271.23 Main Market Nigeria 9.4% Oil & Gas Producers
Haydale Graphene Industries 14-Apr-14 6.60 13.24 AIM UK -43.9% Chemicals
Nomad Holdings 15-Apr-14 298.75 300.29 Main Market Israel 4.3% Financial Services
Bagir Group Ltd 15-Apr-14 20.00 11.80 AIM Israel -58.0% Personal Goods
Polypipe 16-Apr-14 319.26 528.00 Main Market UK 7.8% Construction & Materials
Exova Group 16-Apr-14 220.00 612.50 Main Market UK 11.4% General Industrials
Cambian Group 16-Apr-14 194.32 377.63 Main Market UK -2.6% Healthcare Equipment & Services
Eagle Eye Solutions 16-Apr-14 6.00 35.23 AIM UK 6.7% Software & Computer Services
NextEnergy Solar Fund 25-Apr-14 86.50 87.53 Main Market UK 2.3% Equity Investment Instruments
Rosslyn Data Technologies 29-Apr-14 10.00 23.75 AIM UK -4.6% Software & Computer Services
Sprue Aegis 30-Apr-14 11.96 110.46 AIM UK 24.3% Electronic & Electrical Equipment
Safestay 02-May-14 4.80 7.90 AIM UK 19.5% Real Estate Investment & Services
Rex Bionics 08-Apr-14 10.00 25.22 AIM New Zealand -1.9% Financial Services
Galasys 12-Apr-14 3.12 15.98 AIM Malaysia 6.7% Software & Computer Services
Limitless Earth 12-Apr-14 3.05 3.92 AIM Pan-European 20.0% Financial Services
Patisserie Holdings plc 19-May-14 79.30 199.50 AIM UK 17.4% Travel & Leisure
Card Factory 20-May-14 296.63 681.39 Main Market UK -11.1% General Retailers
Flowtech Fluidpower 21-May-14 40.00 43.40 AIM UK 8.5% Industrial Engineering
Shoe Zone 22-May-14 36.00 84.50 AIM UK 5.6% General Retailers

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About Author

Christopher Menon

Every Investor Editor Chris Menon is a financial journalist who has written regularly for national newspapers, magazines and websites about personal finance, with particular emphasis on investing.