Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

Seraphim Space Investment Trust IPO

Explore how you can get exposure to Seraphim Space Investment Trust shares after its IPO, expected 14 July, with the UK’s No.1 trading provider.1

Call 0800 195 3100 or email newaccounts.uk@ig.com to talk about opening a trading account.

Contact us 0800 195 3100

Get info fast via our instant help and support portal. Available for account queries, ProRealTime, product info and more.

Visit help and support for more information.

Get info fast via our instant help and support portal. Available for account queries, ProRealTime, product info and more.

Visit help and support for more information.

Call 0800 409 6789 or email helpdesk.uk@ig.com if you have any questions about trading or investing. We're available 24/7 between 8am Saturday and 10pm Friday.

Contact us 0800 409 6789

Call 0800 195 3100 or email newaccounts.uk@ig.com to talk about opening a trading account.

Contact us 0800 195 3100

Get info fast via our instant help and support portal. Available for account queries, ProRealTime, product info and more.

Visit help and support for more information.

Get info fast via our instant help and support portal. Available for account queries, ProRealTime, product info and more.

Visit help and support for more information.

Call 0800 409 6789 or email helpdesk.uk@ig.com if you have any questions about trading or investing. We're available 24/7 between 8am Saturday and 10pm Friday.

Contact us 0800 409 6789

Why invest in the Seraphim Investment Trust IPO with us?

Buy Seraphim Space stock at the IPO price

Subscribe before the listing and receive a stock allocation on the primary market. Please note subscriptions for this offer are now closed.

Invest in Seraphim Space Investment Trust shares on day one

Buy and own Seraphim Space shares as soon as they are listed on the secondary market from just £3 commission2

Trade on the UK’s best platform

Trade or invest in the Seraphim Space Investment Trust on our award-winning platform3

What are IPO subscriptions and how do they work?

Seraphim Space Investment Trust IPO: how to buy shares

Before the listing

IPO subscription (primary market)

Subscriptions for the Seraphim Space Investment Trust IPO are now closed. Follow the steps below to subscribe to other UK listings.

  1. Open an IG share dealing account
  2. Create an account with PrimaryBid and link it to your IG account by providing your IG share dealing account ID
  3. Place your order on PrimaryBid

Learn more about how to subscribe to IPOs with us

After the listing

We’ll offer Seraphim Space Investment Trust shares on the day of its IPO, thought to be 9 July. Once the market opens at 8am (UK time), the shares will be available for you to buy through share dealing.

With us, you can invest in UK shares from £3 – if you’ve traded 3 or more times in the previous month. Our standard rate is £8 per trade.

Open an IG share dealing account to get started.

Transcript

Open a share trading account in minutes

Open a share trading account in minutes

Fast execution on a huge range of markets

Enjoy flexible access to more than 18,000+ global markets, with reliable execution

Deal seamlessly, wherever you are

Trade on the move with our natively designed, award-winning trading app

Feel secure with a trusted provider

With more than 45 years of experience, we’re proud to offer a truly market-leading service

Open a share trading account in minutes

Open a share trading account in minutes

Fast execution on a huge range of markets

Enjoy flexible access to more than 18,000+ global markets, with reliable execution

Deal seamlessly, wherever you are

Trade on the move with our natively designed, award-winning trading app

Feel secure with a trusted provider

With more than 45 years of experience, we’re proud to offer a truly market-leading service

Start trading now

Log in to your account now to access today’s opportunity in a huge range of markets.

Start trading now

Log in to your account now to access today’s opportunity in a huge range of markets.

Seraphim Space Investment Trust IPO: what to know

  • Seraphim Space is set to become the world’s first listed space tech fund
  • The IPO price is 100p, and up to 180 million shares will be issued
  • The listing is expected to take place on or before 14 July at 8am (UK time)
  • You’ll be able to invest in the shares with us on the secondary market, when the company has completed its IPO
  • You can buy UK shares, including Seraphim Space, with us from just £3 commission - if you have traded 3 or more times in the previous calendar month. Our standard rate is £8
  • You can read the company’s prospectus here

How do IPOs work?

IPOs work by having a company put its shares up for sale to the public. Some common reasons for this include seeking to raise capital for business growth, decreasing or settling debts, positioning itself to better attract and retain talent, or increasing liquidity.

The IPO process starts off with a detailed audit of the company by an external resource – it must be conducted taking all the company’s financials into consideration. Next, a registration statement needs to be prepared by the business and filed with the appropriate exchange commission. If the commission grants approval, the company can then list a set number of shares at a price determined by an investment bank.

Explore what IPOs are or find out how to trade pre- and post-listing

Get the latest IPO news


For more info on how we might use your data, see our privacy notice and access policy and privacy webpage.

FAQs

What are the risks of trading or investing in an IPO?

While all trading and investment activity is risky, IPOs come with additional risks, including:

  • Missing important company information that can affect the share price, eg pending legal cases and intellectual property that isn’t patent protected
  • Ability to factor in trading history in decision making is limited or not possible with companies with a short trading history, or none at all
  • Market expectations that aren’t met
  • A company not succeeding in meeting its target market cap

It’s vital that you have all the relevant information before you take any position. When trading or investing in IPOs, you’ll find useful information in company prospectuses, admission documents and more. Staying informed helps you avoid risks that could affect your trading or investment position.

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1Based on revenue excluding FX (published financial statements, October 2022).
2Open three or more positions on your share dealing account in the previous month to qualify for our best commission rates.
3As awarded at the ADVFN International Financial Awards 2020As awarded at the ADVFN International Financial Awards 2020.