3D Metal Forge (ASX:3MF) has become the latest ASX IPO to perform well on debut in 2021.

Primarily focused on the oil and gas sector, the company  is an additive manufacturer that joins other stocks such as Titomic (ASX:TTT)Amaero International (ASX:3DA) and AML3D Limited (ASX:AL3).

3D Metal Forge raised $10 million at 20 cents per share under its IPO offering. Upon debut shares rose to 29 cents – a 45 per cent premium.

3D Metal Force (ASX:3MF) share price chart

 

Where does 3D Metal forge stand among 2021 IPOs?

3D Metal Forge is above average among ASX IPOs with the average gain currently 42 per cent.

The top debutante is currently Singular Health Group (ASX:SHG) which has gained 225 per cent since listing followed by WA telco Pentanet (ASX:5GG) which is up 140 per cent.

Taking 3rd and 4th spots are health stocks Chimeric Therapeutics (ASX:CHM) and TruScreen (ASX:TRU) which have gained 70 per cent and 53 per cent since listing.

Having gained 45 per cent, 3D Metal Forge takes 5th spot among 2021 IPOs.

Code Company Listing Price Current price % MktCap Sector
TRU Truscreen 0.065 0.1 54 $36.3M Health
TRN Torrens Mining 0.2 0.17 -15 $12.0M Resources
FLX Felix Group 0.3 0.32 8 $36.8M Tech
CHM Chimeric Therapeutics 0.2 0.34 70 $58.0M Health
AGC Australian Gold & Copper 0.2 0.17 -15 $12.2M Resources
5GG Pentanet 0.25 0.6 140 $112.0M Tech
M24 Mamba Exploration 0.2 0.25 25 $9.3M Resources
OZM OzAurum Resources 0.25 0.18 -28 $10.7M Resources
BEX Bike Exchange 0.26 0.26 0 $33.7M Tech
AWJ Auric Mining 0.25 0.18 -28 $16.1M Resources
SHG Singular Health 0.2 0.65 225 $49.1M Health
NNG Nexion 0.2 0.27 35 $31.1M Tech
3MF 3D Metalforge 0.2 0.34 70 $30.5M Industrial
EZZ EZZ Life Science 0.5 0.72 44 Consumer

 

3D Metal Forge will be joined by several other IPOs in the days and weeks ahead.

Hitting the bourse at 11am tomorrow is EZZ Life Science Holdings (ASX:EZZ) which is a wholesale consumer wellness products company.

Following on Friday is New Zealand based meal kit deliverer My Food Bag (ASX:MFB).

Despite the recent under performance of recent resources IPOs, there are at least 8 in the pipeline for the next few weeks.

But the most biggest by market cap, and undoubtedly the most anticipated, is gig economy platform Airtasker (ASX:ART) which is down for March 22.

Code Company Price per share Capital raised Listing Date Sector
ART Airtasker 0.65 $83.7M 22-Mar 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
FRB Firebird Metals 0.2 $5.5m 19-Mar Resources
MFB MY Food Bag 1.85 $342.5M 5-Mar Consumer
TG1 TechGen Metals 0.2 $6m 25-Mar Resources
TUL Tulla Resources 0.9 $243.8M 15-Mar Resources
MPA Mad Paws 0.2 $12M 26-Mar Consumer
GEN Genmin 0.34 $30M 10-Mar Resources