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Wealth Management

At Morgan Stanley, clients come first. We help people, businesses and institutions build, preserve and manage wealth so they can pursue their financial goals — with advice, planning and access tailored to each client. Explore the IPO Centre

Wealth Management
IPO Centre
Wealth Management

The IPO Centre is Morgan Stanley Wealth Management's dedicated home for pre-listing share offerings — giving eligible clients the opportunity to apply at issue price, alongside the advice and standards you would expect from the Firm.

Go to the IPO Centre
Wealth Management advisers

The IPO Centre sits within Wealth Management — pre-listing access to selected public offerings, managed as part of your wider client relationship. See open offerings ↓

IPO Centre

Part of Morgan Stanley Wealth Management. Access pre-listing share offerings from the UK and beyond — apply at issue price, with the institutional standards you would expect from Morgan Stanley. Select an offering to view details.

Anthropic
Open · closing soon
OpenAI
Open for subscription
Revolut
Coming soon
Databricks
Coming soon
Stripe
Coming soon
Open for subscription · Closing soon

Anthropic

Artificial Intelligence · Technology · NASDAQ: ANTH

Anthropic is an AI safety company developing the Claude family of models, focused on building reliable, steerable and highly capable AI systems for individuals and enterprises worldwide.

Indicative price
$70–100
Valuation
~$895bn
Application closes
Sep 2026
Expected listing
Nov 2026
Open for subscription

OpenAI

Artificial Intelligence · Technology · NASDAQ: OPAI

Developer of ChatGPT and a leading AI research lab, bringing generative AI into mainstream enterprise and consumer use across the globe.

Price range
$95–115
Valuation
~$340bn
Application closes
Sep 2026
Expected listing
Oct 2026
Coming soon

Revolut

Fintech · London Stock Exchange · LSE: REVO

One of the world's fastest-growing fintech companies, offering digital banking, FX, payments and investing to millions of customers globally.

Price range
TBA
Valuation
~$45bn
Book opens
Jun 2026
Expected listing
Jan 2027
Coming soon

Databricks

Data & AI Software · Technology · NASDAQ: DBRX

A unified platform for data analytics, machine learning and AI, helping organisations process large-scale data and accelerate innovation.

Price range
TBA
Valuation
~$62bn
Book opens
Sep 2026
Expected listing
Jun 2027
Coming soon

Stripe

Payments & Fintech · Technology · NYSE: STRP

Global payments infrastructure enabling businesses to accept online payments, manage subscriptions and scale digital commerce worldwide.

Price range
TBA
Valuation
~$70bn
Book opens
Jun 2026
Expected listing
Oct 2026

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Risk warning. The value of investments can fall as well as rise, and you may get back less than you originally invested. Initial Public Offerings can be highly volatile in the days and weeks following listing. Past performance is not a reliable indicator of future results. The Morgan Stanley IPO Centre does not provide investment advice — please consider seeking independent financial advice if you are unsure whether an investment is right for you. Capital at risk.