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