Our inaugural ‘IPO trends’ report for calendar year 2023 summarizes IPO activity in the USA (NYSE and NASDAQ), the Middle East (Dubai, Abu Dhabi, and Saudi Arabia – Tadawul and Nomu), and India (National Stock Exchange and Bombay Stock Exchange). This report analyzes the volume and value of IPO activity in 2023 for the USA, Middle East, and India, the sectors that dominated this activity, and a view on the post-IPO performance of the companies that raised capital.