Thai IPO Stocks Hit Record Lows in 2026 Despite Market Surge

Prachachat•Economy•5d ago

Reader Briefing

Thai IPO activity in the first 8 months of 2026 hit a 15-year low despite the SET Index growing 30% due to foreign investment.

•Only 2 companies listed as IPOs in the first 8 months of 2026, raising 575.92 million baht.
•The SET Index rose nearly 30% since the start of 2026, becoming the 4th fastest-growing market globally.
•The Stock Exchange of Thailand (SET) and FETCO attribute the IPO slump to previous market downturns and lengthy registration processes.
•Market outlook for IPOs is expected to improve significantly in 2027.

•In the first 8 months of 2026, only 2 companies entered the stock market with a total fundraising value of 575.92 million baht.
•The SET Index rose nearly 30% from the start of 2026, standing above 1,600 points and ranking 4th in global growth.
•Sorawis Krairik says the low IPO count in 2026 reflects the previous market slump and the fact that registration preparation typically takes 1 to 1.5 years.
•Paiboon Nalintrangkur cites the conflict in Iran at the start of the year and long Thai registration procedures as factors causing companies to delay or withdraw IPO plans.
•The Stock Exchange of Thailand is adjusting regulations to support New Economy businesses without lowering quality standards.
•The government is discussing a Fast Track system for companies promoted by the Board of Investment (BOI).
•Prapan Charoenprawat expects approximately 5 IPO companies to list on the mai market throughout 2026.
•Sorawis Krairik expects the IPO market trend to improve clearly in 2027 as companies resume their plans.

Full article content is available on the original source.

Stock Exchange of Thailand(ตลาดหลักทรัพย์แห่งประเทศไทย)ℹ️

The organization managing the Thai stock market and adjusting registration criteria for New Economy businesses.

Market for Alternative Investment(ตลาดหลักทรัพย์ เอ็ม เอ ไอ)ℹ️

The stock market for smaller companies, referred to as mai.

Federation of Thai Capital Market Organizations(สภาธุรกิจตลาดทุนไทย)

The organization known as FETCO.

Board of Investment(สำนักงานคณะกรรมการส่งเสริมการลงทุน)

The organization known as BOI that provides investment promotion and tax benefits.

Sorawis Krairik(สรวิศ ไกรฤกษ์)

Deputy Manager and Head of Marketing at the Stock Exchange of Thailand.

Prapan Charoenprawat(ประพันธ์ เจริญประวัติ)

Manager of the Market for Alternative Investment (mai).

Paiboon Nalintrangkur(ไพบูลย์ นลินทรางกูร)

Chairman of the Federation of Thai Capital Market Organizations (FETCO).

Iran(อิหร่าน)ℹ️

The country whose conflict at the start of the year caused investor concern.