The Wave of IPOs in Tel Aviv: Companies Worth About 30 Billion Shekels on Their Way to the Stock Exchange
Dozens of companies are moving to capitalize on the surge in the local stock market and the appetite of institutional bodies for new merchandise. While in the previous IPO wave small technology companies came to…
Assessment
A new wave of IPOs is heading to the Tel Aviv Stock Exchange, with companies valued at around 30 billion shekels expected to list. Unlike the previous round that brought many small tech firms that subsequently collapsed, this cohort consists of established companies in real estate, defense, food, and industry. The key question is whether institutional appetite and favorable market conditions will hold long enough for these offerings to succeed.