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KSPI News

The IPO shortlist for spring and summer 2024

ALAB

The US IPO market started to rebound in the 1Q24, signaling the end of a two-year freeze. Public markets ushered in more big names, many of which performed well. The year’s five largest IPOs to date average a 34% return, led by...read more

Updated: Renaissance Capital's 1Q 2024 US IPO Market Review

AS

US IPO Market's Green Shoots Take Root In the first quarter of 2024, the IPO market's green shoots grew further, with 30 IPOs raising a combined $7.8 billion. While deal count was in line with the 1Q23, proceeds more than tripled, thanks to the continued return of larger offerings. Fifteen US IPOs raised $100 million...read more

Not the usual suspects: the geographies producing some of 2024’s largest global IPOs

AS

Some of 2024’s largest global IPOs thus far have hailed from countries that don’t typically produce many big listings, such as Kazakhstan and Greece. While companies based in the US and China have produced most large IPOs in recent years, many of 2024’s largest listings so far, including the year’s three biggest, have come from elsewhere... ...read more

Renaissance Capital's January IPO Market Update

AS

Eleven IPOs raised a combined $3.8 billion in January, the busiest month for both $100+ million and $1+ billion IPOs since late 2021. Six offerings raised $100 million or more, led by two billion-dollar deals: sports gear maker Amer Sports (AS) and Kazakhstani "super app" Kaspi.kz (KSPI). Remaining activity came from small, primarily China-based...read more