IPO Watch: 11 new stocks in 2021 with at least 13 to come – and one of them is Airtasker
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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.
|Code||Company||Listing Price||Current price||%||MktCap||Sector|
|AGC||Australian Gold & Copper||0.2||0.17||-15||$12.2M||Resources|
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|
|EZZ||EZZ Life Science||0.5||$6M||26-Feb||Health|
|MTR||Metal Tiger||TBD||TBD||4-Feb||Resources (investor)|
|EZZ||EZZ Life Science Holdings||0.5||$6m||3-Mar||Consumer|