IPO performance · 2026

How every 2026 IPO did on listing day

Listing-day gain against the issue price for all 103 IPOs listed so far this year, and how well the grey market predicted it.

IPOs listed

103

Aug – Oct 2026

Average gain

+17.1%

on listing day

Median gain

+3.3%

half did better

Listed higher

26 lower · 17 flat

Listing-gain distribution

Number of IPOs by listing-day gain · 103 IPOs

< −10%

−10–0%

0–10%

10–25%

25–50%

50–100%

100%+

By listing month

IPOs listed and their average gain

August12 IPOs · avg +31.6%

September58 IPOs · avg +15.5%

October33 IPOs · avg +14.6%

IPOs listed Average gain

Every 2026 listing

Listing-day gain of each IPO in listing order · green above the issue price, red below

Hover or tap a bar to see the IPO · 103 listings

19 AugListing date →12 Oct

Top gainers

Weakest listings

88%50 of 57

Did the GMP get it right?

For the 57 IPOs that had a non-zero grey market premium and listed above or below the issue price, the GMP pointed the right way — gain or loss — 50 times. On size, it missed by 15.2 percentage points on average, so use it as a direction signal rather than a price target.

Direction right

Direction wrong

Average miss

15.2 pts

Mainboard vs SME

Board	IPOs listed	Listed higher	Average gain	Median gain
Mainboard	49	34 (69%)	+17.1%	+10.0%
SME	54	26 (48%)	+17.0%	0.0%

Buzz AI takeaways

The average flattersAverage gain is +17.1%, while the median IPO listed +3.3%. A few big winners pull the average up.

26 of 103 listed lower25% of IPOs listed below the issue price. 5 SME issues hit the +90% listing cap.

Month by monthSeptember was busiest with 58 listings (avg +15.5%); August had the best average at +31.6%.

Computed from listing data · educational, not investment advice.