Specialty Business Services IPOs

Performance analysis and trends for 14 IPOs in the specialty business services sector.

Total IPOs

14

Avg Return

+7.9%

Success Rate

28.6%

4 of 14 positive

Total Market Cap

$10.7B

Recent IPOs (2024+)

CompanyDateIPO PriceCurrentReturnMarket Cap
THH
TryHard Holdings Limited
8/28/2025$4.00$0.37-90.8%$18.4M
BUUU
BUUU Group Limited
8/14/2025$4.00$15.36+284.0%$179.3M
CRE
Cre8 Enterprise Limited
7/23/2025$4.00$2.34-41.5%$3.8M
ANPA
Rich Sparkle Holdings Limited
7/8/2025$4.00$7.10+77.5%$107.2M
YSXT
YSX Tech. Co., Ltd
12/18/2024$4.00$1.09-72.8%$29.1M
SFHG
Samfine Creation Holdings Group Limited
10/15/2024$4.00$2.45-38.8%$5.5M
PC
Premium Catering (Holdings) Limited
9/25/2024$4.75$9.40+97.9%$19.5M
PMAX
Powell Max Limited
9/5/2024$4.00$2.18-45.5%$2.3M
ULS
UL Solutions Inc.
4/12/2024$28.00$88.29+215.3%$6.8B

Best Performers

CompanyReturnIPO Date
BUUU
BUUU Group Limited
+284.0%8/14/2025
ULS
UL Solutions Inc.
+215.3%4/12/2024
PC
Premium Catering (Holdings) Limited
+97.9%9/25/2024
ANPA
Rich Sparkle Holdings Limited
+77.5%7/8/2025
LICN
Lichen International Limited
+0.0%2/6/2023

Worst Performers

CompanyReturnIPO Date
GPAK
Gamer Pakistan Inc.
-100.0%10/9/2023
THH
TryHard Holdings Limited
-90.8%8/28/2025
PMEC
Primech Holdings Ltd.
-85.3%10/10/2023
LZ
LegalZoom.com, Inc.
-76.6%6/30/2021
YSXT
YSX Tech. Co., Ltd
-72.8%12/18/2024

Activity by Year

2025
4 IPOs
+57.3%
2024
5 IPOs
+31.2%
2023
3 IPOs
-61.8%
2021
2 IPOs
-44.8%

All Specialty Business Services IPOs

CompanyDateIPO PriceCurrentReturnExchange
THH
TryHard Holdings Limited
8/28/2025$4.00$0.37-90.8%NASDAQ
BUUU
BUUU Group Limited
8/14/2025$4.00$15.36+284.0%NASDAQ
CRE
Cre8 Enterprise Limited
7/23/2025$4.00$2.34-41.5%NASDAQ
ANPA
Rich Sparkle Holdings Limited
7/8/2025$4.00$7.10+77.5%NASDAQ
YSXT
YSX Tech. Co., Ltd
12/18/2024$4.00$1.09-72.8%NASDAQ
SFHG
Samfine Creation Holdings Group Limited
10/15/2024$4.00$2.45-38.8%NASDAQ
PC
Premium Catering (Holdings) Limited
9/25/2024$4.75$9.40+97.9%NASDAQ
PMAX
Powell Max Limited
9/5/2024$4.00$2.18-45.5%NASDAQ
ULS
UL Solutions Inc.
4/12/2024$28.00$88.29+215.3%NYSE
PMEC
Primech Holdings Ltd.
10/10/2023$4.00$0.59-85.3%NASDAQ
GPAK
Gamer Pakistan Inc.
10/9/2023$4.00$0.00-100.0%OTC Pink
LICN
Lichen International Limited
2/6/2023$4.00$4.00+0.0%NASDAQ
LZ
LegalZoom.com, Inc.
6/30/2021$28.00$6.55-76.6%NASDAQ
FA
First Advantage Corporation
6/23/2021$15.00$13.05-13.0%NASDAQ