Information on draft prospectuses- January 2026


Reference Case Number: FOI2025/01806

Freedom of Information: Right to know request:

Please provide me with data on the number of applications / draft prospectuses submitted to the FCA for listings on the London Stock Exchange. Could you please provide the information for 2025 and for each of the previous nine years, so 10 years in total.

FCA response:

We can confirm that we hold some of the requested information. We do not hold relevant records covering the period prior to 2018. Further, the FCA is the competent authority for the approval of eligibility for listing on the main market and accordingly we do not hold records for IPOs on other markets, such as AIM. The number of applications / draft prospectuses received by the FCA for an IPO on the main market of the London Stock Exchange each year since 2018, broken down by the number of applications that were approved and withdrawn / lapsed, is as follows.

Applications may lapse or be withdrawn after a significant period of inactivity, and/or because of a wide range of considerations, including preliminary investor feedback, market conditions, or deal restructuring.

The data for the period 2018 to 2024 was previously provided to you under case references FOI10775 and FOI11975, details of which can be found at Annex A below. Please note the 2023 figures differ because FOI10775 provided a year‑to‑date snapshot as at 23 November 2023, while FOI11975 includes refreshed data covering the full 2023 calendar year, including later status changes.

The data for 2025 can be found in the table below:

YearApprovedLapsed/WithdrawnTotal
2025392362