Encyclopedia of public capital
How companies go public, explained step by step
A reference for owners and CFOs: the path to IPO, pre-IPO rounds, listing requirements of 19 exchanges and routes from the CIS and Central Asia. Plus a neutral overview of IPOs worldwide.
Path to IPO
Ten stages from readiness to life as a public company
Each stage has its own article: what happens, who is involved, what documents are needed and where projects usually stall.
- 01IPO readiness
- 02IFRS and audit
- 03Restructuring and holding
- 04Corporate governance
- 05Adviser team
- 06Prospectus
- 07Regulator approval
- 08Bookbuilding
- 09Listing day
- 10Life after IPO
Pre-IPO
The round before the listing
How a pre-IPO round is structured, how valuation and discount to the IPO price work, who anchor investors are and what goes into the data room.
Pre-IPO for companiesAlternatives
When an IPO is not the only route
Dual listing, direct listing, SPAC, sale of a stake and debt instruments, including sukuk.
Compare the routesExchanges of the world
Listing requirements of 19 exchanges in one format
Segments, free float, track record, profitability and lock-up, with links to rulebooks and the date of the last check.
Gulf
Central Asia
Asia
Europe
Exchange selector
A preliminary shortlist in two minutes
Six questions about your company are compared with the requirements in the directory. A preliminary selection, not a recommendation.
- Country, revenue, profit and track record
- Target raise and free float
- Reasons for each match
Routes by country
From your country to an exchange
Typical options for companies from Kazakhstan, Uzbekistan, Russia, Azerbaijan, Armenia and Kyrgyzstan.
IPO review
IPOs worldwide: reference data
Date, company, exchange, sector and deal size with a source for every row. Reference data, not an investment recommendation.
Figures by year
- 20269 monthsGlobal
- IPOs
- 888
- Proceeds
- USD 288bn
Source: EY Switzerland: Fewer IPOs, more capital (Global IPO Trends Q3 2026)
- 2025Global
- IPOs
- 1,293
- Proceeds
- USD 172bn
Source: EY: Global IPO market stabilises in 2025 (Global IPO Trends 2025)
- 2024Global
- IPOs
- 1,215
- Proceeds
- USD 121bn
Aggregates from the sources indicated. Different sources count IPOs differently, so figures are not always comparable.
Latest IPOs
| Date | Company | Exchange | Sector | Deal size | Source |
|---|---|---|---|---|---|
| 11 Nov 2026 | DIP Holding PLC | DFM | Real estate | USD 529m | The National: Dubai Investments raises USD 529m from first IPO in UAE this year |
| 6 Nov 2026 | estie, Inc. | Tokyo Stock Exchange (Growth) | Technology | USD 46m | 96ut.com IPO detail page (Japanese IPO tracker) |
| 4 Nov 2026 | Allganize Holdings Inc. | Tokyo Stock Exchange (Growth) | Technology | USD 33m | 96ut.com IPO detail page (Japanese IPO tracker) |
| 30 Oct 2026 | Toggle Holdings Inc. | Tokyo Stock Exchange (Growth) | Real estate | USD 99m | 96ut.com IPO detail page (Japanese IPO tracker) |
| 28 Oct 2026 | Jio Platforms Ltd | NSE and BSE | Telecom | USD 3.1bn | Chittorgarh: Jio Platforms IPO |
| 23 Oct 2026 | Bonfiglioli Transmissions Ltd | NSE and BSE | Industrials | USD 261m | Chittorgarh: Mainboard IPO list 2026 |
Largest IPOs
| Date | Company | Exchange | Sector | Deal size | Source |
|---|---|---|---|---|---|
| 11 Nov 2026 | DIP Holding PLC | DFM | Real estate | USD 529m | The National: Dubai Investments raises USD 529m from first IPO in UAE this year |
| 6 Nov 2026 | estie, Inc. | Tokyo Stock Exchange (Growth) | Technology | USD 46m | 96ut.com IPO detail page (Japanese IPO tracker) |
| 4 Nov 2026 | Allganize Holdings Inc. | Tokyo Stock Exchange (Growth) | Technology | USD 33m | 96ut.com IPO detail page (Japanese IPO tracker) |
| 30 Oct 2026 | Toggle Holdings Inc. | Tokyo Stock Exchange (Growth) | Real estate | USD 99m | 96ut.com IPO detail page (Japanese IPO tracker) |
| 28 Oct 2026 | Jio Platforms Ltd | NSE and BSE | Telecom | USD 3.1bn | Chittorgarh: Jio Platforms IPO |
| 23 Oct 2026 | Zetwerk Manufacturing Business Ltd | NSE and BSE | Industrials | USD 517m | Chittorgarh: Mainboard IPO list 2026 |
Reference data, not an investment recommendation. We do not evaluate offerings or advise on participation.
Open the IPO reviewGlossary
Terms of the IPO market from A to Z
Bookbuilding, free float, greenshoe, lock-up, cornerstone investor and other terms in plain language.
Open the glossaryConsultation for companies
Discuss your company's route to public capital
The publisher of AllIPO, Eurasia Consulting Group, advises companies on IPO readiness, exchange selection and pre-IPO preparation. Tell us about the company and we will suggest a first step.
Information on this site is educational. It is not investment advice, an offer of securities or financial advice. Exchange requirements change; always check the primary sources. Full disclaimer
Publisher
Eurasia Consulting Group
AllIPO is published by Eurasia Consulting Group, an advisory firm in Dubai focused on corporate law, governance and preparing companies for capital markets.