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Shawbrook sees strong demand for London IPO
Gulf Today
|October 26, 2025
Shawbrook’s London IPO, targeting a valuation of up to 2 billion pounds ($2.68 billion), is covered within the price range on the full deal size including the over-allotment option, a bookrunner said on Tuesday, signalling solid investor appetite for the lender's listing.
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Shawbrook is seeking a market capitalisation of between about 1.8 billion pounds and 2 billion pounds ($2.68 billion) in an IPO on the London Stock Exchange, making it potentially the city’s biggest listing in years.
The alternative lender had earlier said it has set the price range for the offering at 350 to 390 pence per share.
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