Business Recovery

AIM records highest level of Q1 IPOs since 2014

According to research carried out by the accounting giant, AIM recorded a record number of Initial Public Offerings in the first quarter of 2021

A number of Initial Public Offerings (IPO) on the junior market rose to 10 in the first quarter of 2021, according to research carried out by BDO.

This represents the highest Q1 number since 2014, as well as the third consecutive quarter of growth in the number of IPOs on AIM since the pandemic began, and is seven more than in the same period last year.

Existing AIM companies raised over £1.5bn in further issues during Q1, an increase of 86% compared to the first quarter of 2020.

Chris Searle, corporate finance partner at BDO, said: “This has been the busiest start to the year in seven years, and with a strong pipeline of companies expressing an interest in listing on AIM, we anticipate that this will be a strong year for IPOs.

“After a hiatus in quarter two last year when the economic shock of the pandemic first hit, interest in listing on AIM has continued to grow.”

He added: “The junior market has been remarkably resilient during what has been a volatile period on the public markets.

“Investors have backed companies through the downturn and we are now seeing ambitious companies raising capital to help them take advantage of the recovery and accelerate their growth plans.”

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