Business · Markets · 8 hrs ago
Going public can cost companies 5% to 7% of the capital they raise
For a company, the cost of going public depends on how much it spends on preparing and promoting the listing.
Experts say the costs can typically amount to 5% to 7% of the capital raised.
A direct listing, which does not issue new shares, is described as the simplest and cheapest option.
Other expenses can include paying banks or intermediaries to place shares, regulatory and market fees, legal and financial advice, audits, and publicity.
Listings have been scarce in Spain and across Europe, after many companies put plans on hold amid higher interest rates, market volatility and economic uncertainty.
The EU has activated the Listing Act, which reduces bureaucracy for capital increases, while trading platforms are trying to attract more companies; the account gives no further timeline for a recovery in listings.
An initial public offering can cost companies 5% to 7% of the capital they seek to raise, according to experts cited by El País.
The final cost varies depending on the size and type of listing and the services a company uses.
Costs can include share placement, market and regulatory fees, legal and financial advice, audits and publicity.
Many companies postponed listing plans between 2022 and 2024 amid higher interest rates, market volatility and economic uncertainty.
Spain had three main-market listings last year and two notable listings so far this year, while European markets have also remained subdued.
- Who
- Companies considering a stock-market listing.
- What
- The article examines the costs of going public, estimated at 5% to 7% of the capital raised.
- When
- Published on 13 October 2026; the article also refers to listing activity in 2025 and so far in 2026.
- Where
- Spain and Europe.
- Why
- Companies face costs for services and fees involved in a listing, while market uncertainty and higher interest rates have led some to delay plans.
This story does not have two clearly opposing sides.
Many companies postponed plans to list amid higher interest rates, market volatility and economic uncertainty.
Spain’s main market had three listings: Cirsa, HBX Group and Cox; growth markets BME Growth and BME Scaleup had 14 additions.
The article says there have been two notable listings in Spain: Digi and TSK.
- Estimated IPO cost
- 5% to 7% of the capital a company seeks to raise
- Spain main-market listings in 2025
- 3: Cirsa, HBX Group and Cox
- Spanish growth-market additions in 2025
- 14 across BME Growth and BME Scaleup
- Notable Spanish listings in 2026 so far
- 2: Digi and TSK
- HBX Group CEO bonus
- Nicolás Huss received a reported €32.7 million extraordinary bonus for taking the company public
What people are saying
The sacrament is the same, but you can celebrate it at home with a snack or go to a luxury hotel and spend a lot of money on the invitations
Sources
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