Editor’s Note: My AI Profit Predictor just closed out 6 winning trades – for +100% gains – since early May.
Frankly, I’ve never seen anything like this. 100% in Tesla in just over 3 weeks. 114% in Paramount in 7 days. 229% in Freeport in 26 days.
Just go here for instant access – and next week’s trades.
It was this week’s biggest Initial Public Offering.
Doncasters Group – a company founded in 1778 – just went public on the New York Stock Exchange.
Trading began under the ticker DPC — priced its IPO at $33 per share, above the marketed range of $28 to $32. The deal raised roughly $919 million and valued the company near $4.8 billion.
Doncasters Group
NYSE: DPC
IPO Price: $33 per share
Target Raise: $919 million
Market Cap: $4.8 billion
IPO Date: June 25, 2026
You've probably never heard of it. That's about to change.
Doncasters makes the precision-cast parts and superalloys that go inside jet engines and industrial gas turbines. These are the components that have to survive temperatures over 1,000 degrees Celsius and pressures most metals can't handle.
The demand for this IPO was extraordinary.
Reports suggest the deal was more than 30 times oversubscribed, which is why it priced above range and why the offering was upsized. The Qatar Investment Authority committed around $75 million through a private placement. Existing shareholders and directors put in another $66 million.
Want to get next week’s AI trade alerts? Here’s a link to check it out.
Here's what's driving the interest.
Doncasters sits at the intersection of two themes investors can't get enough of right now.
1. Aerospace — Airbus and Boeing have a combined backlog of over 15,000 aircraft, and engine parts are a bottleneck.
2. Power — Industrial gas turbines are in heavy demand to feed the electricity needs of AI data centers, and that's now Doncasters' largest end market at 42% of revenue.
The financials are a turnaround story.
Revenue grew 12% last year to $837 million, and 26% in the most recent quarter. Adjusted EBITDA margins reached 16.5%. The company still reported a net loss, but that was driven largely by a non-cash interest charge on a shareholder loan that's being wiped out with IPO proceeds.
About 70% of revenue is locked up in long-term agreements, and the firm order backlog stands at $930 million — more than a year of production already committed.
The IPO priced at $33. Shares opened for trading at $44. And the stock traded between $43 - $47 during the first session. The closing price was 42% above the offering price – showing strong investor demand.
Did you know that I’m using the AI Profit Predictor to find the next big winning trades? It’s already delivering amazing results.
This includes +100% gains with Tesla, Freeport, Disney, Iron Mountain and Paramount since May 14. Plus, a 228% gain on Freeport on June 22.
That’s 6 triple digit winners in the last 60 days!
Ian Wyatt
Editor, IPO Watch