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		</div><p><a href="http://londonglossy.com/wp-content/uploads/2010/12/stock-market-listings-surge-in-2010.jpg"><img class="alignnone size-full" title="The number of stock market flotations more than quadrupled in 2010, the London Stock Exchange has revealed" src="http://londonglossy.com/wp-content/uploads/2010/12/min-stock-market-listings-surge-in-2010.jpg" alt="The number of stock market flotations more than quadrupled in 2010, the London Stock Exchange has revealed"/></a></p>
<p>The number of stock market flotations more than quadrupled in 2010 amid a revival for company listings, the London Stock Exchange (LSE) has revealed.</p>
<p>More stable market conditions saw 89 initial public offerings (IPOs) on the LSE over the past year, up from just 22 last year.</p>
<p>The LSE said firms listing on the London market raised £10.1 billion against £1.5 billion the year before when the recession hit investor appetite for IPOs.</p>
<p>This year has seen a swathe of firms joining the LSE, including online grocery delivery service Ocado, Superdry fashion group SuperGroup and more recently Betfair, the world&#8217;s largest international online sports betting provider.</p>
<p>In July, Essar Energy &#8211; one of India&#8217;s top private sector power and oil and gas firms &#8211; also listed raising £1.3 billion, marking the largest ever Indian IPO in London.</p>
<p>Tracey Pierce, director of equity primary markets at the LSE, said: &#8220;We have seen a rejuvenation in the IPO market during 2010.</p>
<p>&#8220;Whilst last year our markets supported a significant amount of fundraising through further issues, 2010 injected some very positive signs of life into the new issues market, including a number of major wins for London.&#8221;</p>
<p>But not all this year&#8217;s IPOs have been an immediate success in a sign that investors are still wary.</p>
<p>Ocado listed in July with a significant amount of fanfare, but major doubts over its value saw the launch price slashed to 180p and it lost 10% on the first day of dealings.</p>
<p>Despite recent takeover speculation, Ocado shares are still trading below their debut price, at around 171p.</p>
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