zopa

Zopa, the firm credited with inventing the concept of peer-topeer lending, has made no secret of their plans for a public listing, although a date for one is yet to be set. They raised £220m in October 2021 but said they wanted to raise another $100m before launching. However, Sky News reported they were looking to raise another round of funding in October 2022, so 2023 might be the year where their IPO plans fall into place.

Chime Financial

There has been speculation that Chime Financial will go public for a few years now, yet the company remains private and no date for an IPO has been set. The US fintech unicorn Chime, which offers a financial app that acts like a bank, had a valuation of $25bn in 2021, but with stock valuations taking a hit in 2022, it’s likely a 2023 IPO would have a lower valuation.

Eg Group

One of the UK’s biggest retailers, the EG Group had revenues of $26.5bn in 2021 and has more than 6,300 petrol stations and convenience stores spread around the world. An IPO from the Blackburn-headquartered firm could be one of the biggest in the world this year. However, the firm’s owners, billionaire brothers Mohsin and Zuber Issa, are yet to outline any solid plans for an IPO.

Puregym

PureGym is the UK’s largest gym and fitness operator, and the firm first announced IPO plans all the way back in 2016 but shelved them because of Brexit. In December 2021, IPO plans were also shelved in favour of a £300m equity investment from PE giant KKR to focus on expansion. An IPO date still hasn’t been set, but estimates suggest it could value the firm at £1.5bn.

Huel

Many were expecting Huel to go public last year after the direct-to-consumer meal replacement company hired Goldman Sachs and JP Morgan to advise a dual-track process considering both the sale of the business or an IPO, with reports emerging that an IPO was the preferred option. If Huel were to go public in 2023, IG estimates a market cap of £1bn.

Clare Bowen Director