Specialist lender Shawbrook has announced plans to initiate an Initial Public Offering (IPO) on the London Stock Exchange.
The firm is aiming for a listing in early November 2025 and anticipates raising £50m in net proceeds through the sale of new shares, as reported by City AM.
This will be in conjunction with the sale of existing shares by Marlin Bidco Ltd, a company jointly owned by Shawbrook’s private equity parents Pollen Street Capital and BC Partners LLP.
Marlin purchased Shawbrook for £825m in 2017.
The IPO will be made available to qualified institutional buyers globally and to retail investors residing in the United Kingdom via a partner network with RetailBook.
The company provided a glimpse into its third-quarter performance, disclosing that its loan book had grown to £18.3bn as of the end of September 2025, up from £17bn at the end of the second quarter.
This growth was driven by approximately £1.5bn in organic originations and the acquisition of the ThinCats group.
The Group’s customer deposits also saw a significant increase to £17.6bn, following a robust performance in its savings franchise.
Shawbrook has stated that its medium-term goal is to achieve loan book growth in the low double digits per annum, with aspirations to nearly double the size of its total loan book to £30bn by 2030.
Shawbrook accelerates City market’s turnaround
The flotation represents the latest uplift for the London Stock Exchange after a recent flurry of listings breathed new life into the struggling market.
Shawbrook’s listing is anticipated to provide a £2bn uplift to the London market, marking it as the largest IPO in the City this year.
Fermi, a Texas-based energy developer, initiated its dual-listing in the City and on Wall Street last month.
At the start of the month, Cheshire-based Beauty Tech Group saw an increase of up to 6.6 per cent in its debut, achieving a market capitalisation of £320m.
Last Friday, tinned tuna behemoth Princes confirmed its plans to proceed with its IPO to list on London’s main index.
This recent surge follows a slow beginning to the year, where the market plummeted to as low as 23rd globally by funds raised by the end of the third quarter.
