Activity on the global IPO market has already exceeded last year's values

In the third quarter of 2021, as many as 547 companies made their debuts on global markets, and the value of IPOs amounted to $106.3 billion, according to the latest edition of the EY Global IPO Trends survey. The past three months have been the most active third quarter in the IPO market in the last 20 years, surpassing the previous record volume of transactions in Q3 2007 by 18 percent and above the previous record high Q3 2020 by 11 percent. In the nine months of 2021, as many as 1,635 companies had IPOs at $330.7 billion, an increase of 87 percent and 99 percent y/y, respectively. Activity after the third quarter exceeded the number and value of stock exchange debuts throughout 2020.

"The key factor driving the growth in the third quarter was the continued recovery in the EMEIA (Europe, Middle East, India, and Africa) markets. This proves that this area is relatively resilient to turmoil in other parts of the world. Investors want to take advantage of the unique stock market prosperity before central banks start reducing the money supply to the markets," Bartłomiej Smolarek, Team Leader for Mergers and Acquisitions, Partner of EY Polska, said.

InPost operating in Poland (IPO worth $3.9 billion) is still among the largest world debuts this year – it is fifth on the list after three quarters. After nine months of 2021, the global ranking is dominated by Asian companies – 7 out of 10 debuts are from China, and the remaining two – from South Korea.

Debuts of companies originating in Poland amounted to $4,740.7 billion after three quarters (these data include the value of InPost's stock exchange debut). Eight companies with a value of $1,695.4 million made their debut on the WSE in the nine months of 2021 (this data does not include companies migrating from NewConnect) In the third quarter of 2021, we had three IPOs on the WSE worth $261.2 million.

(WBJ)