You might be on holidays in January but these companies will IPO on the ASX
IPO Watch: Here are the IPOs you’ll be missing if you’re on holidays
IPO Watch
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Much of Australia may be going on holidays but there’s a pipeline of over a dozen IPOs set to clear.
There are two companies listing today in Canadian focused gold explorer Benz Mining Corp (ASX:BNZ) and fintech Payright (ASX:PYR).
From the middle of the first week of January, activity starts picking up again with eight IPOs scheduled in the next three weeks thereafter.
Larger listings include biotech Chimeric Therapeutics, cloud computing company Nexion and software stock Felix Group.
All together these companies will raise $85 million between them.
Looking to February, one IPO to look out for in early February is Pentanet.
This company hails from the telco sector which has seen several well performing IPOs in recent years including Aussie Broadband (ASX:ABB), Uniti (ASX:UWL) and OptiComm (ASX:OPC).
Pentanet is a residential NBN provider like Aussie Broadband but is based over in Western Australia.
Here’s a list of ASX IPOs scheduled for January & February 2021
| Code | Company | Price | Capital Raised | Listing Date | Sector |
|---|---|---|---|---|---|
| TRU | Truscreen | 0.07 | $2.5m | 6-Jan | Medtech |
| AGC | Australian Gold & Copper | 0.2 | $20m | 30-Dec | Resources |
| BPM | BPM Minerals | 0.2 | $4.5m | 5-Jan | Resources |
| MM8 | Medallion Metals | 0.4 | $20m | 6-Jan | Resources |
| PYR | Payright | 1.2 | $20m | 23-Dec | Tech |
| NNG | Nexion | 0.2 | $8m | 20-Jan | Tech |
| ACE | Acusensus | 2.25 | $10m | 15-Jan | Tech |
| AWJ | Auric Mining | 0.25 | $8m | 10-Jan | Resources |
| CHM | Chimeric Therapeutics | 0.2 | $35M | 18-Jan | Biotech |
| FLX | Felix Group | 0.36 | $12M | 12-Jan | Tech |
| M24 | Mamba Exploration | 0.2 | $7m | 1-Feb | Resources |
| OZM | OzArum | 0.25 | $12m | 5-Feb | Resources |
| 5GG | Pentanet | 0.25 | $22.5M | 5-Feb | Telecommunications |
IPO update
With only Australian Gold & Copper scheduled to list between Christmas and the first week of 2021, it is a welcome breather.
December has played host to approximately 20 IPOs – averaging 7 per week. This is approximately double the number of IPOs that listed in the first half of the year.
There have been mixed results ranging from Youfoodz (ASX:YFZ) which is down over 35 per cent to Desert Metals (ASX:DM1) which is up over 150 per cent.
The top performing sectors are health with an average gain of 73 per cent and industrials which are up 72 per cent.
Consumer focused stocks however are 2 per cent down, although the consumer-focused retailers and ecommerce stocks are up 11 per cent on average.
| Code | Company | Listing Price | Current price | % | MktCap |
|---|---|---|---|---|---|
| COS | Cosol Limited | 0.2 | 0.78 | 290 | $103M |
| 4DX | 4Dmedical Limited | 0.74 | 2.17 | 193 | $401M |
| CPN | Caspin Resources | 0.2 | 0.57 | 185 | $35M |
| DM1 | Desert Metals | 0.2 | 0.54 | 170 | $18M |
| SNG | Siren Gold | 0.25 | 0.67 | 168 | $42M |
| DDB | Dynamic Drill | 0.2 | 0.5 | 150 | $15M |
| KAU | Kaiser Reef | 0.2 | 0.41 | 105 | $11M |
| ABB | Aussie Broadband | 1 | 2 | 100 | $377M |
| CCR | Credit Clear | 0.35 | 0.7 | 100 | $111M |
| AL3 | Aml3D | 0.2 | 0.37 | 85 | $37M |
| MKR | Manuka Resources. | 0.2 | 0.355 | 78 | $33M |
| NMR | Native Mineral Resources | 0.2 | 0.355 | 78 | $11M |
| AKO | Akora Resources | 0.2 | 0.35 | 75 | $19M |
| CBL | Control Bionics | 0.6 | 0.98 | 63 | $50M |
| DOC | Doctor Care Anywhere | 0.8 | 1.27 | 60 | $215M |
| NXL | Nuix | 5.31 | 8.19 | 54 | $3B |
| AT1 | Atomo Diagnostics | 0.2 | 0.305 | 53 | $122M |
| PLY | Playside Studios | 0.2 | 0.305 | 52 | $30M |
| M2R | Miramar | 0.2 | 0.295 | 48 | $13M |
| ARX | Aroa Biosurgery | 0.75 | 1.1 | 46 | $331M |
| CSX | Cleanspace Holdings | 4.41 | 6.45 | 46 | $496M |
| RCR | Rincon | 0.2 | 0.28 | 40 | $11M |
| FFF | Forbidden Foods | 0.2 | 0.275 | 38 | $13M |
| MGH | Maas Group | 2 | 2.71 | 36 | $721M |
| UNI | Universal Store | 3.8 | 5.08 | 34 | $373M |
| AUN | Aurumin | 0.2 | 0.26 | 30 | $13M |
| SOV | Sovereign Cloud | 0.75 | 0.96 | 28 | $51M |
| DC2 | Dctwo | 0.2 | 0.25 | 25 | $9M |
| ICR | Intelicare Holdings | 0.2 | 0.25 | 25 | $11M |
| LFG | Liberty Financual Group | 6 | 7.46 | 24 | $2.3B |
| MYD | Mydeal.com.au | 1 | 1.21 | 21 | $317M |
| LGP | Little Green Pharma | 0.45 | 0.54 | 20 | $41M |
| BKG | Booktopia | 2.3 | 2.65 | 15 | $378M |
| CBE | Cobre | 0.2 | 0.225 | 13 | $15M |
| MHK | Metalhawk | 0.2 | 0.225 | 13 | $8M |
| WSR | Westar Resources | 0.2 | 0.22 | 10 | $7M |
| GNP | Genusplus | 0.96 | 1.03 | 7 | $152M |
| SLA | Silk Laser | 3.45 | 3.6 | 4 | $171M |
| ERW | Errawarra Resources | 0.2 | 0.205 | 2.5 | $7M |
| NSM | North Stawell | 0.5 | 0.495 | -1 | $20M |
| CRW | Cashrewards | 1.73 | 1.7 | -2 | $137M |
| CTT | Cettire | 0.5 | 0.49 | -2 | $183M |
| SRJ | SRJ Technologies | 0.5 | 0.49 | -2 | $37M |
| HPG | Hipages | 2.45 | 2.38 | -3 | $21M |
| PRS | Prospech | 0.2 | 0.195 | -3 | $13M |
| LBY | Laybuy Group Holding | 1.41 | 1.35 | -5 | $238M |
| MEG | Megado | 0.2 | 0.19 | -5 | $8M |
| COD | Coda Minerals Ltd | 0.3 | 0.28 | -7 | $19M |
| DSK | Dusk Group | 2 | 1.83 | -8 | $112M |
| CLU | Cluey | 1.2 | 1.06 | -12 | $87M |
| LV1 | Live Verdure | 0.2 | 0.185 | -12.5 | $7M |
| HXL | Hexima | 0.2 | 0.175 | -13 | $9M |
| DUG | DUG Tech | 1.35 | 1.15 | -15 | $119M |
| WAK | WA Kaolin | 0.2 | 0.17 | -15 | $28M |
| DBI | Dalrymple Bay Infrastructure | 2.57 | 2.12 | -18 | $1B |
| AIM | Access Innovation | 1.23 | 0.975 | -21 | $141M |
| ABY | Adore Beauty | 6.75 | 5.28 | -22 | $480M |
| HMY | Harmoney | 3.5 | 2.47 | -30 | $253M |
| PAM | Pan Asia Metals | 0.2 | 0.135 | -33 | $7M |
| PLT | Plenti Group Limited | 1.66 | 1.09 | -35 | $177M |
| YFZ | Youfoodz | 1.5 | 0.95 | -37 | $128M |
| ZBT | Zebit Inc. | 1.58 | 0.975 | -38 | $93M |
| EMD | Emyria Limited | 0.2 | 0.086 | -57 | $9M |
Read MoreInitial Public Offering - IPO
