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4 IPOs open for subscription

Be among the first to invest in tomorrow’s public companies.

Access pre-listing share offerings from the UK and beyond, in a single place. Designed for retail investors with the institutional standards you’d expect from RBS International.

$2.4bn
Allocated in 2025
47
IPOs supported
120k+
Active investors
Anthropic

Anthropic

NASDAQ: ANTH · US Listing
$130
indicative range $120 – $150
87% subscribedClosing 22 Oct
SectorArtificial Intelligence
Listing date23 Oct 2026
Valuation~$965BN
Listings & live offerings supported by RBS
Upcoming offerings

What’s opening this quarter.

A curated selection of pre-listing offerings. Eligibility, minimum subscription and risk profiles vary — review each prospectus carefully before applying.

Listed
SpaceX

SpaceX

NASDAQ: SPACE

Aerospace & Defence · NASDAQ Listing

Issue price$135
Listed12 Jun 2026
Valuation$1.77tn
StatusNow trading

SpaceX operates reusable rockets and Starlink, a satellite broadband constellation with 7.65 million subscribers. It raised $75bn in the largest IPO in history in June 2026 at a $1.77 trillion valuation.

View on exchange ↗
Listed
OpenAI

OpenAI

NASDAQ: OPAI

Artificial Intelligence · NASDAQ Listing

Issue price$650
ListedOct 2026
Valuation~$940bn
StatusNow trading

OpenAI is the company behind ChatGPT, the world’s most-used AI platform with 920 million weekly active users. Its October 2026 listing raised $75bn at a ~$940bn valuation — the largest AI IPO ever completed.

View on exchange ↗
Open
Anthropic

Anthropic

NASDAQ: ANTH

Artificial Intelligence · NASDAQ Listing

Price range$120 – $150
Closes22 Oct 2026
Lists23 Oct 2026
Target val.~$965bn

Anthropic is an AI research company dedicated to building reliable, safe AI systems. Best known for its Claude AI models, Anthropic has $30bn in annualised revenue and 1,000+ enterprise clients each spending over $1m/year.

Register interest
Open
Nscale

Nscale

NYSE: NSCL

AI Infrastructure · NYSE Listing

Price rangeTBA
IPO dateMid-Oct 2026
SectorGPU Cloud
HQLondon, UK

Nscale is a London-based AI infrastructure company that builds and operates data centres and GPU cloud services for training and running large AI models. The company filed for its NYSE listing on 18 September 2026 with a debut expected mid-October.

Register interest
Open
Stripe

Stripe

NYSE: STRP

Payments & Fintech · NYSE Listing

Price rangeTBA
ClosesOct 2026
ListsOct 2026
Last val.~$91bn

Stripe is a global financial infrastructure and payments company enabling businesses to accept online payments and scale digital commerce. It processed $1.4 trillion in payment volume in 2025 across 46 countries.

Register interest
Open
Revolut

Revolut

LSE: REVO

Fintech · Premium Listing (LSE)

Price rangeTBA
ClosesDec 2026
ListsJan 2027
Customers60m+

Revolut is one of the world’s fastest-growing financial technology companies, offering digital banking, foreign exchange, payments and investing. With 60m+ customers across 38 markets, it holds a full UK banking licence secured in 2024.

Register interest
Open
Databricks

Databricks

NASDAQ: DBRX

Data & AI Software · NASDAQ Listing

Price rangeTBA
ClosesMay 2027
ListsJun 2027
Last val.~$62bn

Databricks is a leading data and AI software company providing a unified platform for data analytics, machine learning and artificial intelligence. Its platform is used by 12,000+ enterprises including a majority of the Fortune 500.

Register interest
Coming soon
Canva

Canva

NYSE / ASX: TBC

Design SaaS · Listing TBC

Price rangeTBA
ExpectedLate 2026
Last val.~$42bn
Users220m+

Canva is Australia’s most valuable startup, a graphic design platform used by 220 million people in 190 countries. With $4 billion in annual recurring revenue, it is widely regarded as one of the most anticipated technology listings of 2026.

Register interest
Expected 2027
Discord

Discord

NYSE: TBC

Community & Gaming · NYSE Listing

Price rangeTBA
S-1 filedJan 2026
Expected2027
Last val.~$8.5bn

Discord is a chat platform with 200 million+ monthly active users across gaming, technology and education. The company filed confidentially for an IPO in January 2026 with Goldman Sachs and JPMorgan; its listing is now expected in 2027.

Register interest
Financial professionals reviewing market data
Why RBS IPO Centre

Institutional access, retail simplicity.

For more than 300 years, RBS International has helped customers build wealth across changing markets. Our IPO Centre brings that experience to a new generation of investors.

  • 01

    Pre-listing share allocations

    Apply for shares at issue price, before they begin trading on the open market.

  • 02

    Fully integrated with your RBS account

    Settle directly from your current account or Stocks & Shares ISA — no third-party brokerage required.

  • 03

    Independent research & prospectuses

    Every offering is accompanied by the official prospectus and a plain-English risk summary.

  • 04

    FSCS protected up to £120,000

    Your cash holdings with us are protected by the Financial Services Compensation Scheme.

How it works

Four steps to your first allocation.

From opening an account to receiving your shares, the process is fully digital and typically completes within minutes.

01

Open or link your account

Existing RBS customers can sign in with their digital banking credentials. New customers can open an Investment Account in under five minutes.

02

Browse open offerings

Review prospectuses, indicative pricing, allocation terms and risk summaries for every IPO open for subscription.

03

Place your application

Specify the amount you’d like to invest. Funds are held in escrow until allocation is confirmed.

04

Receive your shares

Once the IPO lists, your shares appear in your portfolio and you can hold, sell or transfer them as you choose.

Ready to take part in a listing?

Sign in to your RBS Investment Account or open one in minutes. Capital at risk.