Engineering & Construction IPOs
Performance analysis and trends for 15 IPOs in the engineering & construction sector.
Total IPOs
15
Avg Return
+15.2%
Success Rate
35.7%
5 of 14 positive
Total Market Cap
$8.0B
Recent IPOs (2024+)
| Company | Date | IPO Price | Current | Return | Market Cap |
|---|---|---|---|---|---|
| CDNL Cardinal Infrastructure Group Inc. | 12/10/2025 | $21.00 | $48.93 | +133.0% | $748.3M |
| MGN Megan Holdings Limited | 9/26/2025 | $4.00 | $0.18 | -95.5% | $5.7M |
| LGN Legence Corp. | 9/12/2025 | $28.00 | $80.58 | +187.8% | $6.2B |
| MAGH Magnitude International Ltd | 8/12/2025 | $4.00 | $6.76 | +69.0% | $225.4M |
| MSGY Masonglory Limited | 7/8/2025 | $4.00 | $0.48 | -88.0% | $6.9M |
| PHOE Phoenix Asia Holdings Limited | 4/25/2025 | $4.00 | $15.55 | +288.8% | $335.9M |
| SKBL Skyline Builders Group Holding Limited | 1/23/2025 | $4.00 | $3.66 | -8.5% | $45.1M |
| MIMI Mint Incorporation Limited | 1/10/2025 | $4.00 | $0.32 | -92.0% | $6.5M |
| ONEG OneConstruction Group Limited | 12/31/2024 | $4.00 | $8.31 | +107.8% | $133.0M |
| MSW Ming Shing Group Holdings Limited | 11/22/2024 | $5.50 | $1.71 | -68.9% | $22.2M |
Best Performers
Activity by Year
2025
8 IPOs
+49.3%
2024
6 IPOs
-32.5%
2023
1 IPOs
-19.4%
All Engineering & Construction IPOs
| Company | Date | IPO Price | Current | Return | Exchange |
|---|---|---|---|---|---|
| CDNL Cardinal Infrastructure Group Inc. | 12/10/2025 | $21.00 | $48.93 | +133.0% | NASDAQ |
| MGN Megan Holdings Limited | 9/26/2025 | $4.00 | $0.18 | -95.5% | NASDAQ |
| LGN Legence Corp. | 9/12/2025 | $28.00 | $80.58 | +187.8% | NASDAQ |
| MAGH Magnitude International Ltd | 8/12/2025 | $4.00 | $6.76 | +69.0% | NASDAQ |
| MSGY Masonglory Limited | 7/8/2025 | $4.00 | $0.48 | -88.0% | NASDAQ |
| PHOE Phoenix Asia Holdings Limited | 4/25/2025 | $4.00 | $15.55 | +288.8% | NASDAQ |
| SKBL Skyline Builders Group Holding Limited | 1/23/2025 | $4.00 | $3.66 | -8.5% | NASDAQ |
| MIMI Mint Incorporation Limited | 1/10/2025 | $4.00 | $0.32 | -92.0% | NASDAQ |
| ONEG OneConstruction Group Limited | 12/31/2024 | $4.00 | $8.31 | +107.8% | NASDAQ |
| MSW Ming Shing Group Holdings Limited | 11/22/2024 | $5.50 | $1.71 | -68.9% | NASDAQ |
| FGL Founder Group Limited | 10/23/2024 | $4.00 | $1.71 | -57.3% | NASDAQ |
| SKK SKK Holdings Limited | 10/8/2024 | $4.00 | $1.75 | -56.3% | NASDAQ |
| RITR Reitar Logtech Holdings Limited | 8/23/2024 | $4.00 | $0.49 | -87.8% | NASDAQ |
| ZDAI DirectBooking Technology Co., Ltd. | 7/23/2024 | N/A | $2.29 | N/A | NASDAQ |
| SHIM Shimmick Corporation | 11/14/2023 | $7.00 | $5.64 | -19.4% | NASDAQ |