IPO calendar: Upcoming and rumoured IPOs 2024

Find out how IPOs work along with some upcoming, anticipated and rumoured initial public offerings in our calendar.

List of most anticipated IPOs Check out the list
What is an IPO? Learn more

An initial public offering (IPO) is when a private company becomes public. This involves listing the firm on a stock exchange and releasing its shares into the wild for the first time, allowing retail investors to invest.

Check out our IPO calendar below to find out more about highly anticipated and rumoured upcoming IPOs. If you want to learn more about the process, we’ve also included plenty of in-depth details covering the nuts and bolts of how this all works.

Anticipated IPOs

Discord

  • Expected to go public: 2024
  • Exchange: Unknown
  • Ticker symbol: No ticker yet.
  • Valuation: $15 billion

Klarna

Klarna, a buy-now-pay-later tech company was thought to be preparing for an IPO in 2022. The company was founded in 2005 and operates in 17 countries, including the US and UK. It was recently valued at $46 billion (about £35 billion).

  • Expected to go public: Unknown
  • Exchange: Likely to be a US exchange
  • Ticker symbol: No ticker yet.
  • Valuation: $46 billion

TikTok

Rumors that TikTok may go public persist, but the latest move by its parent company, ByteDance, suggests that we may see that company stage an IPO first. ByteDance hired a CFO on 24 March 2021 in what reportedly is a move toward a public offering.

  • Expected to go public: Unknown
  • Exchange: Unknown
  • Ticker symbol: No ticker yet.
  • Valuation: No valuation yet.

eToro

Israeli multi-asset brokerage company eToro is expected to go public. Few details are available, but eToro is reportedly in talks with Goldman Sachs Group to lead the offering. The company may also be exploring a SPAC merger as a means to list on the Nasdaq.

  • Expected to go public: 2023
  • Exchange: Nasdaq
  • Ticker symbol: No ticker yet.
  • Valuation: Expected to be around $10.4 billion (around £7.5 billion).

2024 IPO calendar

Name Estimated date Read more
The London Tunnels January 2024 Learn more
Discord 2024 Learn more
Klarna 2024 Learn more
Shein 2024 Learn more
Zopa 2024 Learn more

Rumoured IPOs

Company Status Category Find out more
Stripe Rumour Finance Learn more
Discord Rumour Tech Learn more
Reddit Rumour Finance Learn more
SpaceX Rumour Tech Learn more
Vue Cinema Rumour Entertainment Learn more
Starlink Rumour Space Learn more
Monzo Rumour Finance Learn more
Revolut Rumour Finance Learn more
Starling Rumour Finance Learn more
Best for 0% commission stocks
eToro Free Stocks logo
Finder Award
Go to site
Capital at risk. Fees apply.
Copy picks from top traders
4.3 ★★★★★
Commission-free trades
Fractional shares
Get dividend payments
Best for fractional shares
XTB logo
Go to site
Capital at risk. T&Cs apply.
Earn 4.75% on uninvested funds
4.4 ★★★★★
Commission-free trades
Fractional shares
5,400+ stocks/ETFs
Best for US shares
CMC Invest share dealing account logo
Finder Award
Go to site
Capital at risk. T&Cs apply.
Try Plus free for 3 months
4.4 ★★★★★
Commission-free trades
3,000+ stocks
Real-time live pricing

What is an IPO?

An IPO is a process where a private company sells shares to public investors for the first time and lists on a stock exchange.

The main reason a company would have an IPO or “go public” in this way is to raise money by selling its shares. The money raised can help the company expand its business further and pay back anyone who’s helped fund it up until that point.

What are the benefits of an IPO?

There are plenty of IPO benefits for companies, but mainly it’s about raising capital and positive publicity.

Raise capital

The key purpose of an IPO is to raise capital quickly and efficiently for the business, extracting money from an untapped market, the public. By issuing shares to a larger number of investors, a company can use this cash to grow the business.

Publicity

Publicity is another major benefit of an IPO. Lesser-known companies can steal the limelight for a few days or week, which helps increase business opportunities. For example, a publicly listed company comes with a degree of prestige and pedigree. This can also help people attract top talent to the business to help fuel growth.

What are the main disadvantages of an IPO?

IPOs aren’t as easy as deciding you want to do one. There are several reasons why companies don’t choose to float on a stock exchange.

It’s a long process

An IPO can often take six to nine months, but it could end up being much longer. During that period, the company’s management team will have to devote a lot of time to the process, depriving them of the time they need to focus on the business.

It costs money

Similarly, an IPO costs a lot of money. Companies consult with underwriters and financial experts, which comes with a hefty price tag. On top of that, once a company is public, it has additional admin duties to fulfil (such as accounting, reporting, and generating more documents to disclose how the business is being run). All of that costs money and resources.

The business has to answer to its shareholders

Part and parcel of going public includes being answerable to shareholders. If shareholders hold a big portion of ownership, they can dispute and challenge management choices and decisions. Shareholders can also vote to remove managers and senior staff. Under pressure to perform for the shareholders, many businesses end up making poor decisions, focusing on short-term wins.

What is an IPO example?

A recent example of an IPO is Arm (ARM), which went public on 14 September 2023. Arm’s initial price range was between $47 and $51 per share, eventually listing at the upper end due to positive interest pre-IPO. This gave Arm an initial valuation of $54.5 billion.

The stock was listed on the Nasdaq stock exchange in the US (even though the company is based in the UK). Japanese investment firm, SoftBank still owns around 90% of the chipmaker. Arm shares were met with initial positivity, opening officially at just over $56 and went on to increase by over 25% in the first day. However, in the time since, the shares fell back down towards the original IPO price. We’ll have to wait and see how things play out in the long term for Arm stock.

What is the IPO process?

When starting out, a company is privately owned. It usually starts with a small number of shareholders, often including the founders’ close circle along with early backers and investors.

When the company is at the stage that it wants to “go public”, it starts the process of filing for an IPO. It might choose to make a public announcement of its plans and it starts to advertise to underwriters.

An underwriter prices the shares of the company and the existing shares of the company are converted into public ownership at the new value. The company needs to ensure it meets the requirements for public companies, often needing to appoint a board of directors.

On the decided IPO date, the company issues its shares.

Is it good to invest in an IPO?

Usually, the initial share price offered by the company is reasonable, and based on the latest reported financials. But investors buying shares around the IPO date should expect volatility in the share price immediately after the stock is floated on an exchange.

Most investors who choose to invest in an IPO do so because of the potential opportunity to get in relatively early. The added risk means potentially a higher investment return, but also a greater potential for losses.

How are IPOs calculated?

Factors that determine the valuation of an IPO include:

  • Demand for shares
  • Most recent financial results (notably revenue and net income)
  • Comparable companies in the industry
  • Prospects for future growth
  • Company narrative

Bottom line: Should I invest in an IPO?

IPOs are an exciting step in the evolution of a company, but they can also be a riskier time to invest as the market attempts to fairly price a firm. This uncertainty can lead to greater rewards, but there are plenty of stocks that have flopped after its IPO.

It’s important to try and treat a stock that’s just become publicly listed as you would any other investment. Do plenty of research to make sure it’s a business you want to invest in, ensure the finances are heading in the right direction, and don’t buy shares if you’re unwilling to take on a hefty slice of risk.

Compare platforms to buy shares

If you’re keen on investing in a company soon after its IPO, you’re going to need an investment account. Compare the UK’s leading brands below.

Name Product UKFST Finder Score Min. initial deposit Price per trade Frequent trader rate Platform fees Offer Link
Finder Award
FREE TRADES
eToro Free Stocks
4.3
★★★★★
$100
£0 on stocks
N/A
£0
Go to site

Capital at risk. Fees apply.

Platform details
XTB
4.4
★★★★★
£0
£0
£0
£0
Earn up to 4.75% interest on uninvested cash.
Go to site

Capital at risk

Platform details
InvestEngine
4.4
★★★★★
£100
£0
N/A
0% - 0.25%
Get a Welcome Bonus of up to £50 when you invest at least £100 with InvestEngine. T&Cs apply.
Go to site

Capital at risk

Platform details
Hargreaves Lansdown Fund and Share Account
4.2
★★★★★
£1
£11.95
£5.95
£0 (0.45% for funds)
Go to site

Capital at risk

Platform details
OFFER
Freetrade
4.4
★★★★★
£1
£0
N/A
£0
Get a free share worth up to £100 when you sign up and deposit at least £50. T&Cs apply. Capital at risk.
Go to site

Capital at risk

Platform details
IG Share Dealing
4.1
★★★★★
£0
From £8
From £0
£8 per month
Get 0% commission on US shares. T&Cs apply. Capital at risk.
Go to site

Capital at risk

Platform details
loading

Frequently asked questions

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.


George Sweeney, DipFA's headshot
Deputy editor

George is a deputy editor at Finder. He has previously written for The Motley Fool UK, Nasdaq, Freetrade, Investing in the Web, MoneyMagpie, Online Mortgage Advisor, Wealth, and Compare Forex Brokers. He's focused on making personal finance and investing engaging for everyone. To do this he draws from previous work and his Level 4 Diploma for Financial Advisers (DipFA), sharing what he’s learnt. When he’s not geeking out about money, you’ll find him playing sports and staying active. See full bio

George's expertise
George has written 191 Finder guides across topics including:
  • Investing
  • Personal finance
  • Tax
  • Pensions
  • Mortgages

More guides on Finder

  • How to invest in mutual funds

    Looking to diversify your investment portfolio? Mutual funds could be a good addition. Here’s how they work.

  • Equities vs stocks

    We explain why equities and stocks aren’t (quite) the same thing, and how to invest in public vs private equity.

  • How to invest in art

    Investing in art could be a nice way to animate your investment portfolio with an alternative asset. Here’s how it works and the risks.

  • Invest in defensive stocks

    Defensive stocks can be rewarding, but there are risks involved that could impact your profits. Find out how to invest in defensive companies.

  • How to buy penny stocks in the UK

    As the name suggests, penny stocks offer potential growth at a low cost but are also high risk.

  • How to trade pink sheet stocks

    Find out about Pink Sheet Stocks are, including some examples of Pink Sheet Stocks, the risks involved and how to invest in some.

  • How to invest in fractional shares

    Fractional shares are fractions of company shares. Sometimes they’re made by brokers to allow those with limited funds to get access to stocks.

  • How to invest in dividend stocks in the UK

    What are dividend stocks, and how do you invest in them?

  • How to buy shares in a football club

    All the steps you need to follow to buy shares in some of football’s biggest teams.

  • How to invest in gold in the UK

    Learn where to buy gold, how to invest in gold and about gold’s historical performance as an investment. Find out all the need-to-knows with our extensive guide.

Go to site