Since Stockhead last recapped the performance of 2021 IPOs a fortnight ago the list has increased but the average gain has shrunk.

Back on February 3 only five stocks had listed and gained an average of 53 per cent. As of this morning, February 17, 11 stocks have listed and gained an average of 38 per cent.

The catalyst for the lower average gain has been subdued performances of recent resources listings including Australian Gold and Copper (ASX:AGC) and Auric Mining (ASX:AWJ).

The two best listings in 2020 are Singular Health Group (ASX:SHG) and Pentanet (ASX:5GG) which are sitting on gains above 160 per cent.

Health stocks Chimeric Therapeutics (ASX:CHM) and Truscreen (ASX:TRU) are sitting on healthy gains as well.

Code Company Listing Price Current price % MktCap Sector
TRU Truscreen 0.065 0.105 62 $36.3M Health
TRN Torrens Mining 0.2 0.185 -7.5 $12.0M Resources
FLX Felix Group 0.3 0.365 22 $36.8M Tech
CHM Chimeric Therapeutics 0.2 0.29 45 $58.0M Health
AGC Australian Gold & Copper 0.2 0.17 -15 $12.2M Resources
5GG Pentanet 0.25 0.66 164 $112.0M Tech
M24 Mamba Exploration 0.2 0.25 25 $9.3M Resources
OZM OzAurum Resources 0.25 0.215 -14 $10.7M Resources
BEX Bike Exchange 0.26 0.255 -2 $33.7M Tech
AWJ Auric Mining 0.25 0.19 -24 $16.1M Resources
SHG Singular Health 0.2 0.54 170 $49.1M Health

 

Airtasker leads list of upcoming IPOs

But the list of companies awaiting an IPO is longer, currently numbered at 13.

Undoubtadly the most anticipated IPO will be Airtasker which is one of Australia’s most renowned tech stories of the last decade.

The company’s platform, a symbol of the new “gig economy”, allows users to find people to get tasks done for them from shopping to moving furniture.

Airtasker is seeking to raise over $80 million in its IPO to fuel further growth.

Yet it is not even the biggest IPO by capital raised – that title belongs to DDH1 which is a drilling contractor for the mining industry. Both of these IPOs won’t occur until the middle of next month.

The next listings on the block will include the delayed IPO of cloud services provider Nexion (ASX:NNG) which is expected on Thursday and skincare wholesaler EZZ Life Sciences (ASS:EZZ) which is due on Wednesday March 3.

Code Company Price per share Capital raised Listing Date Sector
3MF 3D Metal Forge 0.2 $10M 12-Feb Industrial
ART Airtasker 0.65 $83.7M 22-Mar Tech
EZZ EZZ Life Science 0.5 $6M 26-Feb Health
MTR Metal Tiger TBD TBD 4-Feb Resources (investor)
NNG Nexion 0.2 $8m 18-Feb Tech
CHA Chaucer Energy 0.2 $5.5m 15-Mar Energy
JNO Juno Minerals 0.25 $20.0M 11-Mar Resources
PGD Peregrine Gold 0.2 $2.5M 22-Mar Resources
BMO Bastion Minerals 0.2 $6m 17-Mar Resources
CSM Cosmo Gold 0.2 $6m 24-Mar Resources
DDH DDH1 1.1 $150m 9-Mar Drilling contractor
EZZ EZZ Life Science Holdings 0.5 $6m 3-Mar Consumer
FRB Firebird Metals 0.2 $5.5m 19-Mar Resources