IPOs and new issues
Current IPOs and new issues
There are no current IPOs and new issues.
Please remember that investing in IPOs carries a high degree of risk. The value of your investment may fall significantly after the security is quoted on the open market and you may not get back all the money that you invest. Any decision to invest in an IPO, share offer or retail bond launch should be made solely on the basis of the information contained in the Prospectus, and any sup- plement thereto. We do not offer advice on the suitability of any IPOs for you. Should you require financial advice please consult a suitably qualified financial adviser. Any notification of an IPO on our website is not an endorsement of the issue, nor is it solicitation for interest in the issue.
Potential IPOs and new issues
The IPOs listed below are subject to change and some IPOs may not be offered to retail customers. If you have a query on an upcoming IPO please contact our Dealing services team on 0345 37 33 479.
| Company | Description |
|---|---|
| AJ Bell | AJ Bell, a leading investment platform provider, is preparing for an IPO towards the end of 2018 or early 2019, with an element of the offering set aside exclusively for customers of AJ Bell. |
| M&G Prudential | Prudential is to demerge its UK business as a separately-listed company called M&G Prudential. Further details about the spin-off will be released later this year. |
| Costa | Whitbread has confirmed plans to demerge Costa and list it as a standalone entity within the next two years. |
| One Path Investments | One Path Investments, an oil and gas firm that focuses on acquiring assets, plans to float on AIM in late August. |
| Strongbow Exploration | The mining company hopes to join AIM in June and plans to reopen the South Crofty tin mine in Cornwall. |
| Sensyne Health | Healthcare technology company Sensyne Health is making its AIM debut on 17 August with an anticipated market cap of £225m. |
| Argo Blockchain |
The cryptocurrency mining services group hopes to float on London's Main Market soon, commanding a £40m market valuation. |
| Mobius Investment Trust | Mobius Investment Trust may be heading to the London Stock Exchange in September. |
| Grit Real Estate Income |
The investment trust is looking to raise at least $120m to invest in real estate assets in Ghana and Mozambique and other potential territories. |
| Incanthera |
The University of Bradford spin-out oncology company is hoping to float on AIM in July. |
| ECI Telecom | The Israeli telecom equipment maker is rumoured to be preparing for a London listing either this year or in 2019. |
| Kropz | The small cap hopes to join AIM in the second half of the year. It has an advanced stage phosphate project in South Africa and its CEO Ian Harebottle is best known for previously running Gemfields. |
| Aston Martin | The carmarker is reportedly considering a London IPO in a deal that could value it at up to £5bn. |
| Cabot Credit Management | Britain biggest debt collector is rumoured to be having another go at getting its IPO off the ground, having pulled a listing last year. |
| Deliveroo | The food delivery platform is considering a stock market flotation in London or New York, according to media reports. |
| Odeon | Press reports suggest the cinema operator is preparing to list in London potentially during the summer. |
| Minergy Coal & Energy | The coal miner hopes to list on AIM in 2018. |
| Dangote Cement | Africa's biggest cement mixer may float later this year in London, according to media reports. |
| VPS Healthcare | Reports suggest the Middle Eastern hospital manager is considering a London listing. It is a rival to FTSE 100 business NMC Health. |
| Standard Profil | There is speculation that auto parts maker Standard Profil could float in London. |
| Entertainment Magpie |
The second hand CD and electrical items seller is rumoured to be considering a London IPO. |
| Saudi Aramco |
Reuters reports that Saudi Arabia has shortlisted London as one of the potential places to float part of its national oil company Saudi Aramco. |
| SoftBank Corp | SoftBank Group will float its Japanese mobile phone business in Tokyo later this year. Reports suggest it may also list the shares in London. |
| MRH | The petrol station operator could be floated on the London stock market soon in order to provide an exit route for current owner Lone Star Funds, according to media reports. |
| O2 | The telecoms provider is widely rumoured to be preparing to join the UK stock market, potentially letting retail investors buy shares at the IPO price. |
| Vue Cinemas | British cinema chain widely tipped to be floating in London soon. |
| AppBox Media |
UK-based mobile apps and video games developer says it will look to float in London or the US Nasdaq market. |
| White Rivers Exploration | Has a joint venture in South Africa with Harmony on one of the world's largest undeveloped gold mines. London IPO plans were shelved in 2017 but it may have another go in 2018. |
| Simit Sarayi | The Turkish simit bread seller is reported to be lining up a London listing in 2018. |
| Sok Marketler Ticaret | Reports suggest the Instanbul-based retailer could float in London and be worth $3bn. |
| HydroMiner |
The Austrian cryptocurrency miner is conisidering a listing on AIM in 2018, according to press reports. |
| Air Astana | Kazakhstan's national carrier Air Astana appears to have revived plans to float in London and Kazakhstan, judging by comments from its CEO in the media. |
| Eaton Towers | Reports suggest the Africa-focused telecoms infrastructure group could float in London and command a £1.5b valuation. |
| Sirius | The insurance business is reported to be gearing up for a $2bn IPO in London. |
| Vannin Capital |
The litigation funder is rumoured to be preparing a London IPO which could value it at close to £1bn. |
| Finablr | The holding company for businesses including Travelex is rumoured to be weighing a share sale in London in 2019. |
An IPO is the first sale of a company’s shares to the public. This is done by listing the shares on a stock exchange such as the London Stock Exchange and is also known as a flotation.
An IPO is also referred to as a public offering as the sale of shares is to the general public, rather than directly to select institutional or large investors which is known as a private placement.
Companies choose to offer shares to the public for a number of reasons including to raise finance for growth opportunities, widen the company’s shareholder base and raise the profile of the company.
Another popular way for a company to raise finance is to issue retail bonds. The company borrows cash from investor at a fixed rate for a set period. However retail bonds should not be confused with cash bonds issued by banks or building societies. They can be traded like shares on the London Stock Exchange and the value of them can go down as well as up.
Investment trusts can also issue additional shares and this process is referred to as an Offer for Subscription or Placing, this increases the size of the existing investment trust.
To take part in an IPO or retail bond issue you will need to open an account first. For more information on IPOs please read our guide.
You will normally not pay any dealing charges when taking part in an IPO. We will receive an intermediary fee based on the aggregate value of applications made by our customers for acting as an appointed intermediary. However if we do not receive an intermediary fee we will apply our normal dealing charge.
Stamp Duty and PTM Levy are not payable on IPOs.
