Software - Infrastructure IPOs
Performance analysis and trends for 27 IPOs in the software - infrastructure sector.
Total IPOs
27
Avg Return
+146.9%
Success Rate
28.0%
7 of 25 positive
Total Market Cap
$86.1B
Recent IPOs (2024+)
| Company | Date | IPO Price | Current | Return | Market Cap |
|---|---|---|---|---|---|
| TCGL TechCreate Group Ltd. | 10/15/2025 | $4.00 | $172.84 | +4221.0% | $3.1B |
| CHOW ChowChow Cloud International Holdings Limited | 9/16/2025 | $4.00 | $0.42 | -89.5% | $14.8M |
| KLAR Klarna Group plc | 9/10/2025 | $40.00 | $13.82 | -65.5% | $5.2B |
| TGHL The Growhub Limited | 8/28/2025 | $4.00 | $0.39 | -90.3% | $5.8M |
| BLSH Bullish | 8/13/2025 | $37.00 | $39.82 | +7.6% | $6.0B |
| FATN FatPipe, Inc. | 4/8/2025 | $5.75 | $2.09 | -63.6% | $29.1M |
| LHSW Lianhe Sowell International Group Ltd | 4/3/2025 | $4.00 | $0.19 | -95.2% | $10.1M |
| WETO Wetour Robotics Limited | 2/27/2025 | $4.00 | $0.52 | -87.0% | $11.5M |
| SAIL SailPoint, Inc. | 2/13/2025 | $23.00 | $11.52 | -49.9% | $6.5B |
| OS OneStream, Inc. | 7/24/2024 | $20.00 | $24.00 | +20.0% | $2.4B |
Best Performers
Activity by Year
2025
9 IPOs
+409.8%
2024
6 IPOs
-19.3%
2023
1 IPOs
+252.5%
2022
1 IPOs
+250.9%
2021
10 IPOs
-46.9%
All Software - Infrastructure IPOs
| Company | Date | IPO Price | Current | Return | Exchange |
|---|---|---|---|---|---|
| TCGL TechCreate Group Ltd. | 10/15/2025 | $4.00 | $172.84 | +4221.0% | NYSE American |
| CHOW ChowChow Cloud International Holdings Limited | 9/16/2025 | $4.00 | $0.42 | -89.5% | NYSE American |
| KLAR Klarna Group plc | 9/10/2025 | $40.00 | $13.82 | -65.5% | NYSE |
| TGHL The Growhub Limited | 8/28/2025 | $4.00 | $0.39 | -90.3% | NASDAQ |
| BLSH Bullish | 8/13/2025 | $37.00 | $39.82 | +7.6% | NYSE |
| FATN FatPipe, Inc. | 4/8/2025 | $5.75 | $2.09 | -63.6% | NASDAQ |
| LHSW Lianhe Sowell International Group Ltd | 4/3/2025 | $4.00 | $0.19 | -95.2% | NASDAQ |
| WETO Wetour Robotics Limited | 2/27/2025 | $4.00 | $0.52 | -87.0% | NASDAQ |
| SAIL SailPoint, Inc. | 2/13/2025 | $23.00 | $11.52 | -49.9% | NASDAQ |
| OS OneStream, Inc. | 7/24/2024 | $20.00 | $24.00 | +20.0% | NASDAQ |
| RBRK Rubrik, Inc. | 4/25/2024 | $32.00 | $54.58 | +70.6% | NYSE |
| SUPX SuperX AI Technology Limited | 4/17/2024 | N/A | $7.79 | N/A | NASDAQ |
| UBXG U-BX Technology Ltd. | 3/28/2024 | $5.00 | $0.98 | -80.4% | NASDAQ |
| VHAI Vocodia Holdings Corp | 2/22/2024 | $4.25 | $0.00 | -100.0% | OTC Pink |
| KSPI Joint Stock Company Kaspi.kz | 1/19/2024 | $92.00 | $85.90 | -6.6% | NASDAQ |
| ATGL Alpha Technology Group Limited | 10/31/2023 | $4.00 | $14.10 | +252.5% | NASDAQ |
| GCT GigaCloud Technology Inc. | 8/18/2022 | $12.25 | $42.98 | +250.9% | NASDAQ |
| SANG Sangoma Technologies Corporation | 12/16/2021 | $22.68 | $4.08 | -82.0% | NASDAQ |
| IOT Samsara Inc. | 12/15/2021 | $23.00 | $29.33 | +27.5% | NYSE |
| BLZE Backblaze, Inc. | 11/11/2021 | $16.00 | $4.29 | -73.2% | NASDAQ |
| CINT CI&T Inc. | 11/10/2021 | $15.00 | $4.13 | -72.5% | NYSE |
| GTLB GitLab Inc. | 10/14/2021 | $77.00 | $22.44 | -70.9% | NASDAQ |
| RELY Remitly Global, Inc. | 9/23/2021 | $43.00 | $21.61 | -49.7% | NASDAQ |
| EVCM EverCommerce Inc. | 7/1/2021 | $17.00 | $11.99 | -29.5% | NASDAQ |
| GGRP The Glimpse Group, Inc. | 7/1/2021 | N/A | $0.51 | N/A | NASDAQ |
| S SentinelOne, Inc. | 6/30/2021 | $35.00 | $14.65 | -58.1% | NYSE |
| CFLT Confluent, Inc. | 6/24/2021 | $36.00 | $30.99 | -13.9% | NASDAQ |