Global IPO market faces setback as high-profile listings scrapped or delayed
The global IPO market is experiencing a significant slowdown as several high-profile companies have withdrawn, delayed or shelved their public listing plans in 2026. Market volatility and concerns over company valuations have dampened investor appetite for new offerings.
Among the affected companies are Firmus, Oura, PhonePe and KNDS, which have all reassessed their strategies for raising capital through public markets. The hesitation reflects broader uncertainty in market conditions that has made investors more cautious about committing to new listings.
The pullback highlights the cyclical nature of capital markets, where external economic factors and sentiment shifts can significantly impact corporate fundraising timelines and strategies across sectors globally.
