IPO market surges past $1 billion
Türkiye’s initial public offering market has surpassed full-year 2025 figures, with 24 companies raising more than $1 billion so far in 2026 despite geopolitical tensions and global economic uncertainty, brokerage firm Tera Yatırım has reported.
A strong start to the second half of the year fueled the momentum. Following 16 public offerings in the first six months, an additional eight companies went public in the first two weeks of July alone, according to Emir Münir Sarpyener, general manager of Tera Yatırım.
As of July 21, total IPOs for the year have already topped the 18 listings completed in all of 2025.
Total capital raised reached $1.08 billion across the 24 listings through July 17. The current trajectory could put 2026 on track to approach 2023’s five-year record, when 56 companies raised $3.2 billion. Türkiye recorded 38 public offerings in 2022 and 33 in 2024.
