Global IPO Market Stumbles as High-Profile Listings Are Scrapped or Delayed in 2026
The global initial public offering market is entering 2026 under pressure, with several prominent listings withdrawn, delayed or shelved as volatility and valuation concerns weaken investor appetite. From consumer-tech names such as PhonePe and Oura to industrial and defence-linked groups including Firmus and KNDS, companies are reassessing whether public markets can still deliver the pricing and certainty they want.
