SGX Reports Over 30 Companies in IPO Pipeline for 2025

The Singapore Exchange (SGX) is experiencing a revival in its initial public offering (IPO) market, with over 30 companies currently in its IPO pipeline, signaling a more optimistic outlook after years of sluggish activity. These companies have engaged advisers and initiated preparatory work, with the pipeline evenly split between Mainboard and Catalist listings across diverse sectors such as digital infrastructure, software-as-a-service, and life sciences. Recent successful listings, including the largest IPO in a decade by NTT Data Centre Reit and strong performances from others like Info-Tech Systems and Lum Chang Creations, have contributed to increased investor confidence and a more risk-on approach. SGX posted its highest revenue since 2000, reaching $1.3 billion, and net profit rose 8.4% to $648 million, driven by higher trading volumes across commodities, equities, and currencies. CEO Loh Boon Chye highlighted that the company is on track for continued growth, focusing on multi-asset product expansion, innovation, and strategic acquisitions to strengthen its market position. Despite recent delistings and a low number of new listings in fiscal year 2025, SGX’s improved IPO pipeline and strong financial performance suggest a turning point for Singapore’s equity market.