Listing bonanza: Here are the IPOs to watch out for this year
Building on the momentum seen towards the end of last year, IPO activity in London is surging so far this year.
However, Deliveroo’s recent IPO flop demonstrates that success is far from guaranteed. City PM compiled an overview of the UK, US and international IPO contenders to watch this year as the global economy recovers.
Upcoming London IPOs
As the number of 2021 listings are accelerating, could these be the best UK IPOs to watch?
| Rank | IPO | Estimated Market Cap |
| 1 | EG Group | £10 billion |
| 2 | Wise | £4.1 – £5.1 billion |
| 3 | Oxford Nanopore Technologies | £2.3 billion |
| 4 | Jaguar Land Rover | £2 billion |
| 5 | BrewDog | £1.5 billion |
| 6 | Monzo | £1.2 billion |
| 7 | Starling | £1.1 billion |
| 8 | McLaren Group | £560 million |
Upcoming US floats
Next up are upcoming public offerings in the U.S. One of the companies on this list has an estimated market cap of up to $95bn. Are these the best upcoming US IPOs?
Stripe claims first place as the US market IPO with the greatest potential with an estimated market cap of $9bn. Tiktok global places second with Robinhood following close behind in third place.
| Rank | IPO | Estimated Market Cap |
| 1 | Stripe | $95 billion |
| 2 | TikTok Global | $50 billion |
| 3 | Robinhood | $40 billion |
| 4 | Instacart | $39 billion |
| 5 | Starlink | $30 billion |
| 6 | WeWork SPAC | $9 billion |
| 7 | Cazoo SPAC | $7 billion |
| 8 | Nextdoor | $5 billion |
Source: IGG
International IPOs
We also identified four upcoming international IPO’s to watch out for. ByteDance, a Chinese start-up that launched the TikTok app in 2017 takes the top spot with an estimated market cap of $250bn.
Ant group the Chinese online payment company follows in second place with an estimated market cap of $200bn, while Universal Music takes third place with an estimated market cap of $36.4bn.
| Rank | IPO | Estimated Market Cap |
| 1 | ByteDance | $250 Billion |
| 2 | Ant Group | $200 Billion |
| 3 | Universal Music | $36.4 Billion |
| 4 | Lamborghini | $12 Billion |
| 5 | Rimac Automobili | Unknown |
Source: IGG
The 10 biggest recent IPO’s
Finally, let’s take a quick look at the biggest IPOs that took place recently. DoorDash was identified as the biggest recent IPO with an estimated market cap of $72bn. The food delivery business made its stock market debut in December of last year, floating at $182 a share.
By the end of the first day of trading, shares were up to $189.51, an 86 per cent spike from its initial $102 initial public offering price.
| Rank | IPO | Estimated Market Cap |
| 1 | DoorDash | $72 Billion |
| 2 | Airbnb | $47 Billion |
| 3 | Roblox | $45.3 Billion |
| 4 | UiPath | $29 Billion |
| 5 | Vantage Towers | $14.5 Billion |
| 6 | Bumble | $7.7 Billion |
| 7 | Deliveroo | $7.6 Billion |
| 8 | Dr. Martins | $3.7 Billion |
| 9 | Moonpig | $1.4 Billion |
| 10 | Trust Pilot | $1.1 Billion |
Source: IGG
Airbnb followed in second place with an estimated market cap of $47bn, the company listed on 10 December 2020 with a valuation of $47bn.
Shares floated at $68 and increased by a massive 113 per cent overnight, almost doubling the market cap to $86.5bn.
Roblox took third place with an estimated cap of $45.3bn. Roblox decided to opt for a direct listing on the New York Stock Exchange on 10 March of this year, reaching a valuation of $41.9bn.