In our last edition of IPO Watch a fortnight ago, we noted manganese play Firebird Metals (ASX:FRB) as a mere Firefly Resources (ASX:FFR) spin-off.

Now it’s the best ASX listing in 2021.

In the last fortnight it has surged from 20 cents to 75 cents – a 275 per cent premium to its IPO price.

Firefly, a Tolga Kumova backed gold stock, opted to spin out its sole manganese project at Oakover after success in the precious metals space.

Slightly behind is medical imaging company Singular Health Group (ASX:SHG) which is up 248 per cent since listing, followed by Perth telco Pentanet (ASX:5GG) which is up 200 per cent.

Last week Airtasker (ASX:ART), which listed at 65 cents, surpassed $1.90 in the second day of trading – a gain that would have trumped the lot. It has since retreated but is still more than 70 per cent up since listing.

The ASX’s latest listing Peregine Gold (ASX:PGD) has had a more modest start, gaining 20 per cent on its opening day.
 

Here’s a list of ASX IPOs in 2021…

Code Company Listing Price Current price % MktCap Sector
TRU Truscreen 0.065 0.092 38 $36.3M Health
TRN Torrens Mining 0.2 0.145 -20 $12.0M Resources
FLX Felix Group 0.3 0.335 0 $36.8M Tech
CHM Chimeric Therapeutics 0.2 0.28 55 $58.0M Health
AGC Australian Gold & Copper 0.2 0.17 -13 $12.2M Resources
5GG Pentanet 0.25 0.75 200 $112.0M Tech
M24 Mamba Exploration 0.2 0.275 33 $9.3M Resources
OZM OzAurum Resources 0.25 0.175 -26 $10.7M Resources
BEX Bike Exchange 0.26 0.255 0 $33.7M Tech
AWJ Auric Mining 0.25 0.205 -32 $16.1M Resources
SHG Singular Health 0.2 0.57 248 $49.1M Health
NNG Nexion 0.2 0.215 18 $31.1M Tech
3MF 3D Metalforge 0.2 0.21 15 $30.5M Industrial
DDH DDH Drill 1.1 0.89 -16 $321.0M Industrial
GEN Genmin 0.34 0.25 -18 $78.2M Resources
BMO Baston Minerals 0.2 0.195 -3 $11.8M Resources
EZZ EZZ Life Science 0.5 0.745 44 $8.9M Consumer
FRB Firebird Metals 0.2 0.72 260 $37.6M Resources
MFB My Food Bag 1.85 1.48 -19 $361.0M Consumer
MM8 Medallion Metals 0.2 0.24 20 $20.0M Resources
ART Airtasker 0.65 1.12 72 $519M Tech
MPA Mad Paws 0.2 0.2 0 $36.7M Tech
KCC Kincora Copper 0.2 0.22 10 $12.0M Resources
PGD Peregrine Gold 0.2 0.24 20 $5.8M Resources

 

The most notable upcoming listings

The ASX’s website lists 14 companies with locked in listing dates over the next few weeks.

Australia’s biggest flower wholesaler Lynch Group (ASX:LGL) will be the biggest ASX IPO so far in 2021. It is raising over $200 million in a deal set to complete with an Easter Tuesday listing.

Listing next Thursday is Delorean Corporation (ASX:DEL) which is a bioenergy generation company which has completed a $14 million IPO.

The resources sector dominates the rest of the list of upcoming ASX IPOs in 2021.

One noteworthy upcoming resources listing is QMines (ASX:QML) which is scheduled for April 21. This company has four advanced copper-gold projects across Queensland including the historic Mt Chalmers copper-gold mine.

The company is raising $10 million for a large scale drilling program at Mt Chalmers over the next couple of years.

While new uranium listings have been few and far between 92 Energy (ASX:92E) will be one of them when it lists on April 9.

The company is focused on Canada’s Athabasca Basin and will have on its shareholder list C$260 million uranium company IsoEnergy.

Code Company Price per share Capital raised Listing Date Sector
TG1 TechGen Metals 0.2 $6m 13-Apr Resources
92E 92 Energy 0.2 $7m 9-Apr Energy
DEL Delorean Corporation 0.2 $14m 8-Apr Industrial
ICL Iceni Gold 0.2 $20m 7-Apr Resources
ILA Island Pharmaceuticals 0.25 $7.5M 13-Apr Health
LGL Lynch Group 3.6 $206.1M 6-Apr Consumer
PHL Propell Holdings 0.2 $5m 9-Apr Tech
TUL Tulla Resources 0.9 $243.8M 18-Mar Resources
A8G Autralasian Gold 0.2 $6m 28-Apr Resources
BCA Black Canyon 0.2 $5m 15-Apr Resources
EPX EP&T Global 0.2 $11m 12-May Energy
MKL Mighty Kingdom 0.3 $18m 21-Apr Tech
NKL Nickelx 0.2 $5m 23-Apr Resources
QML Qmines 0.3 $20m 21-Apr Resources

At Stockhead, we tell it like it is. While QMines is a Stockhead advertiser, it did not sponsor this article.