Why were only one-third of GCC listings in the last 16 years successful despite a large volume of IPOs? – Arabian Business

  • Date: 19-Apr-2022
  • Source: Arabian Business
  • Sector:Financial Markets
  • Country:Gulf
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Why were only one-third of GCC listings in the last 16 years successful despite a large volume of IPOs? – Arabian Business

Although 2021 was the best year for new listings since 2007, marking 38 market debuts in the GCC region, the high volume of IPOs disguises the stark truth – only one-third of the listing were successful.

A new report, titled The Renaissance of IPOs in the GCC and published by Iridium Advisors, examines the success rate of company listings and demystifies some common misconceptions about IPO winners and losers.

Iridium’s analysis of 457 listings in the GCC region between 2005 and 2021 highlights that the recent spirit of rebirth and optimism in equity capital markets disguises an alarming fact: Two out of three GCC listings do not succeed.