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ipos on the horizon
After a record-breaking year for IPOs in 2021, 2022 saw activity shift in the other direction. According to EY’s Global IPO Trends 2022, global IPO volumes fell 45%, with proceeds down by 61% YOY because of increased market volatility and unfavourable market conditions. In total, 1,333 IPOs raised $179.5bn, with Asia-Pacific accounting for 67% of global IPO proceeds.
The International Monetary Fund (IMF) has predicted that a third of the world will fall into recession in 2023, meaning IPO activity could continue to decline this year. However, there remains some big IPOs which could be set to happen in 2023 and we’ve profiled five of them for you.