It’s only mid-March but the ASX has 18 new listees – a milestone it took until September to reach last year.

As large as last year’s IPO class was (coming at 66), it’s easy to forget the majority only listed in the last quarter. At the close of the September quarter it only had 19 for the year.

This year there have been 18 thus far and there are at least 16 companies due to list in the next month.

 

New ASX listees up 24 per cent in 2021

Code Company Listing Price Current price % MktCap Sector
TRU Truscreen 0.065 0.09 38 $36.3M Health
TRN Torrens Mining 0.2 0.16 -20 $12.0M Resources
FLX Felix Group 0.3 0.3 0 $36.8M Tech
CHM Chimeric Therapeutics 0.2 0.31 55 $58.0M Health
AGC Australian Gold & Copper 0.2 0.175 -13 $12.2M Resources
5GG Pentanet 0.25 0.59 136 $112.0M Tech
M24 Mamba Exploration 0.2 0.265 33 $9.3M Resources
OZM OzAurum Resources 0.25 0.185 -26 $10.7M Resources
BEX Bike Exchange 0.26 0.26 0 $33.7M Tech
AWJ Auric Mining 0.25 0.17 -32 $16.1M Resources
SHG Singular Health 0.2 0.695 248 $49.1M Health
NNG Nexion 0.2 0.235 18 $31.1M Tech
3MF 3D Metalforge 0.2 0.23 15 $30.5M Industrial
DDH DDH Drill 1.1 0.925 -16 $321.0M Industrial
GEN Genmin 0.34 0.28 -18 $78.2M Resources
BMO Baston Minerals 0.2 0.195 -3 $11.8M Resources
EZZ EZZ Life Science 0.5 0.72 44 $8.9M Consumer
MFB My Food Bag 1.85 1.49 -19 $361.0M Consumer

The average performance of ASX IPOs has slipped in recent weeks but is still in positive territory.

The top ASX listees are medical imaging company Singular Health Group (ASX:SHG), up 248 per cent since listing, as well as Perth telco Pentanet (ASX:5GG) which is up 136 per cent.

Of March’s listees EZZ Life Science (ASX:EZZ) is the best performer up 44 per cent.

 

Upcoming ASX listings

 

Code Company Price per share Capital raised Listing Date Sector
ART Airtasker 0.65 $83.7M 22-Mar Tech
MTR Metal Tiger TBD TBD TBA Resources (investor)
CHA Chaucer Energy 0.2 $5.5m 15-Mar Energy
JNO Juno Minerals 0.25 $20.0M TBA Resources
PGD Peregrine Gold 0.2 $2.5M 22-Mar Resources
CSM Cosmo Gold 0.2 $6m 24-Mar Resources
FRB Firebird Metals 0.2 $5.5m 19-Mar Resources
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
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
KCC Kincora Copper 0.2 $10m 30-Mar Resources
LGL Lynch Group 3.6 $206.1M 6-Apr Consumer
MM8 Medallion Metals 0.25 $12.5M 22-Mar Resources
PHL Propell Holdings 0.2 $5m 9-Apr Tech
TG1 TechGen Metals 0.2 $6m 13-Apr Resources
TUL Tulla Resources 0.9 $243.8M 18-Mar Resources

The long-awaited listing of Airtasker (ASX:ART) is currently pencilled in for this Monday (March 22). But it is no longer the biggest listing in the queue.

That now belongs to Australia’s biggest flower wholesaler Lynch Group which is raising over $200 million in a deal set to complete with an April 6 listing.

Listing in the same week as Airtasker is MadPaws which is scheduled for Friday March 26. But the next company in the queue is Firebird Metals which is due to list at 1pm (AEDT) tomorrow.

While resources companies have been no strangers among 2021’s ASX listees, Firebird will be the only new IPO, in manganese.

It is a spin-off from parent company Firefly Resources (ASX:FFR). The company, which is one of Tolga Kumova’s investments, once counted the Oakover manganese project as its own flagship project but made the shift into precious metals.