Number of IPOs on London Stock Exchange plunges

Money raised falls by 94%

The number of companies floating on the London Stock Exchange fell sharply in the first half of this year, with the money raised by companies plunging by 94% compared to the same period last year.

Only 26 companies have made their debut on the LSE this year, a 45% decrease from the first half of 2021, while raising only £595m. Looking at the second quarter of 2022, the main UK market saw just six IPOs raising £192m, while there was only one AIM IPO. This is in stark contrast to the second quarter of last year, which saw 12 main market IPOs and 13 on AIM, raising a combined total of £3.8bn. UK AIM IPOs fall to lowest levels since 2009 Global IPO activity was similarly poor, falling 46% in deal numbers to 630 and 58% to $95.4bn in proceeds compared to the first half of last ye...