UK IPO market forecast to bounce back in 2023

'Optimistic' 2023 outlook

The UK IPO market is expected to stage a comeback next year, according to a survey by KPMG, after a depressed 2022, with energy companies leading the charge.

Nearly three quarters (72%) of UK equity capital markets leaders forecasted the rebound will occur in the second half of next year. Large international banks, however, which generally place IPOs with an offer size above £250m, are even more optimistic. AIM IPOs reach 13-year low in Q3 Around one in three from this group expect an earlier bounce back in the first half of 2023.  In 2022 the UK IPO market has been muted in comparison with 2021. Depressed equity markets were highlighted by respondents as the biggest barrier to its recovery.  The general view from the survey is th...