Deloitte found that the consumer as well as energy and resources industries dominated the region, accounting for 52% of the total number of IPOs and 64% of the total IPO funds raised.
The capital markets in Southeast Asia saw 122 IPOs for the first 10 and a half months this year, raising approximately US$3 billion ($4.02 billion) — the lowest total capital raised in nine years, according to data compiled by Deloitte.
This was a decline compared to the 163 IPOs in 2023, which raised a total of US$5.8 billion. The decline is attributed mainly to lack of blockbuster listings — in 2024, only one IPO raised over US$500 million, in contrast to four such listings in 2023.
