IPO Listing Gains by Year
Listing-day results by the year each IPO listed. SME data starts in 2023; 2018 to 2022 is one page because few mainboard IPOs are in the data for those years.
| Year | Listed IPOs | Mainboard | SME | Median gain at open | Median gain at close | Opened above issue | Median subscription |
|---|---|---|---|---|---|---|---|
| 2026 | 290 | 104 | 186 | +2.74% | +4.79% | 59.31% | 6.77x |
| 2025 | 372 | 104 | 268 | +3.54% | +4.80% | 62.63% | 9.60x |
| 2024 | 335 | 90 | 245 | +31.58% | +31.36% | 85.07% | 106.83x |
| 2023 | 238 | 59 | 179 | +14.66% | +16.72% | 79.41% | 38.15x |
| 2018 to 2022 | 156 | 156 | – | +5.20% | +10.19% | 65.38% | 11.95x |