New Delhi– A total of 539 companies raised $61.4 billion through initial public offerings (IPO) across the world during the first half of 2025, according to a report released on Friday.
In numerical terms, the number of IPOs declined 4 percent year-on-year, down from 563 companies in H1 2024. However, proceeds rose 17 percent from $52.7 billion in the same period last year, according to the EY Global IPO Report.
Three countries — the US, India, and China — each launched more than 100 IPOs in H1 2025. The US led with 109 IPOs, followed by India (108) and China (104).
Europe recorded 50 new listings, South Korea had 38 IPOs, while the Middle East and Japan reported 29 and 27 respectively.
The report noted that IPO momentum has become increasingly fragmented across regions, shaped by diverging economic cycles, policy decisions, trade concerns, and investor risk tolerance.
Greater China and the US together accounted for over 60 percent of total proceeds. Greater China raised $20.7 billion (34 percent), and the US raised $17.1 billion (29 percent).
Europe contributed $5.9 billion, or 10 percent, and India raised $4.6 billion, accounting for 8 percent of global proceeds.
IPO activity in the Middle East is gaining momentum, with Saudi Arabia achieving a record 25 listings so far this year. Israel is also seeing increased interest, the report said.
Geopolitical dynamics and national strategic priorities are influencing sectoral trends, with supply chain localization and reshoring driving IPOs in the industrial and mobility sectors. (Source: IANS)
