We’re halfway through the year, and there has already been 63 IPO listings so far.

Code Company Listing Price Current price % MktCap Sector
TRU Truscreen 0.065 0.069 6 $21.4M Health
TRN Torrens Mining 0.2 0.265 33 $16.4M Resources
CHM Chimeric Therapeutics 0.2 0.31 55 $57.1M Health
FLX Felix Group 0.27 -10 $28.3M Tech
AGC Australian Gold & Copper 0.2 0.14 -30 $9.5M Resources
5GG Pentanet 0.25 0.685 174 $137.0M Tech
M24 Mamba Exploration 0.2 0.21 5 $7.6M Resources
OZM OzAurum Resources 0.25 0.12 -52 $6.0M Resources
BEX Bike Exchange 0.26 0.235 -10 $32.0M Tech
MFB My Food Bag 1.85 1.29 -30 $313M Consumer
3MF 3D Metalforge 0.2 0.17 -15 $15.4M Industrial
EZZ EZZ Life Science 0.5 0.445 -11 $5.3M Consumer
NNG Nexion 0.2 0.18 -10 $12.1M Tech
SHG Singular Health 0.2 0.33 65 $18.6M Health
DDH DDH Drill 1.1 1.18 7 $401.0M Industrial
GEN Genmin 0.34 0.26 -24 $73.3M Resources
BMO Baston Minerals 0.2 0.18 -10 $10.3M Resources
AWJ Auric Mining 0.25 0.15 -40 $6.1M Resources
MM8 Medallion Metals 0.2 0.245 23 $19.8M Resources
ART Airtasker 0.65 1.11 71 $455.0M Tech
MPA Mad Paws 0.2 0.17 -15 $32.3M Tech
KCC Kincora Copper 0.2 0.24 20 $16.7M Resources
PGD Peregrine Gold 0.2 0.38 90 $10.9M Resources
LGL Lynch Group 3.6 3.61 1 $444.0M Industrial
TG1 TechGen Metals 0.2 0.19 -5 $7.3M Resources
DEL Delorean 0.2 0.205 3 $37.6M Energy
ILA Island Pharmaceuticals 0.2 0.32 60 $12.0M Health
PHL Propell 0.2 0.16 -20 $8.6M Tech
ICL Iceni Gold 0.2 0.195 2 $21.6M Resources
FRB Firebird Meta 0.2 0.61 205 $21.8M Resources
LFS Latitude Group 2.6 2.3 -12 $2.3B Financial
PWR Peter Warren 2.9 3.63 25 $620.0M Consumer
MKL Mighty Kingdom 0.3 0.185 -38 $17.3M Tech
MLG MLG 1 0.935 -7 $138.0M Resources
BCA Black Canyon 0.2 0.28 40 $7.6M Resources
ALB Albion Resources 0.2 0.19 -5 $5.2M Resources
QML Qmines 0.2 0.365 83 $17.2M Resources
GL1 Global Lithium 0.2 0.255 28 $21.8M Resources
NKL Nickelx 0.2 0.17 -15 $9.4M Resources
HMI Hiremii 0.2 0.11 -45 $6.8M Tech
EPX EPT Global 0.2 0.215 8 $26.1M Tech
A8G Austalasian Gold 0.2 0.145 -28 $4.8M Resources
DGL DGL Group 1.21 1.29 7 $329.0M Industrial
PPM Pepper Money 2.89 2.67 -8 $1.2B Financial
AUA Audeara 0.2 0.1 -50 $6.7M Tech
JNO Juno 0.25 0.19 -24 $26.4M Resources
ACL Au Clinical Labs 4 3.47 -14 $686.0M Health
KED Keypath Education 3.71 3.7 -1 $770.0M Tech
TRJ Trajan 1.7 2.29 35 $297.0M Health
FOS FOS Capital 0.25 0.195 -22 $2.5M Industrial
AGN Argenica Theraprutics 0.2 0.2 0 $9.2M Health
SB2 Salter Brothers 1 1 0 $90.6M Financial
LM8 Lunnon Metals 0.3 0.45 50 $34.8M Resources
HIQ HitIQ 0.2 0.19 -5 $21.5M Tech
FG1 Flynn Gold 0.2 0.155 -22 $9.0M Resources
CDR Codrus Minerals 0.2 0.205 3 $8.0M Resources
AM7 Arcadia Minerals 0.2 0.19 -5 $6.3M Resources
BGD Barton Gold 0.25 0.2 -20 $17.2M Resources
WAR WAM Strategic Value 1.25 1.3 4 $230.0M Financial
CHL Campify 1.42 1.33 -4 $35.6M Tech
POL Polymetals Resources 0.2 0.15 -25 $5.6M Resources
AR3 Aust Rare 0.3 0.545 82 $13.4M Resources
PEX Pexa 17.13 16.66 -3 $3.0B Tech

On Thursday, we saw the much anticipated but a relatively disappointing spin-off listing of mortgage settlement company, Pexa (ASX:PXA).

The $3 billion market cap company entered the bourse at 1pm on Thursday, and closed at $17.15 vs its $17.13 IPO price.

Pexa was demerged from its parent Link Administrations (ASX:LNK), which still owns a 43 per cent stake, with another 24 per cent owned by the Commonwealth Bank (ASX:CBA).

Pexa has an 80 per cent grip on property transaction settlements across Australia.

The biggest recent winner however, was that of Australian Rare Earths (ASX:AR3), which also listed on Thursday and immediately rose by more than 80 per cent.

With a $13.5 million market cap, AR3 owns the  Koppamurra project in South Australia which, according to the company, is Australia’s largest ionic clay hosted rare earth element (REE) deposit, and one of only two exchange-listed opportunities globally –  the other belonging to Uganda-based Ionic Rare Earths (ASX:IXR).

Nickel explorer, Lunnon Metals (ASX:LM8), was another strong new performer on the bourse, with its share price rising by 50 per cent since floating two weeks ago.

Lunnon raised $15 million at 30c a share to fund a major drilling initiative at the long-shut Foster and Jan nickel mines in Kambalda.

The company is taking advantage of a rebound in nickel, which has risen significantly since 2016 along with the growing enthusiasm about the commodity’s value as a major product in the lithium-ion batteries that underpin electric vehicles.

Trajan Group (ASX:TRJ) made its successful listing in early June, with the share price now up 35 per cent on the IPO price.

The John Eales-chaired company, which was started by a husband and wife team over a kitchen table 10 years ago, designs and manufactures a portfolio of precision consumable products, devices and solutions.

Trajan raised $90 million in the IPO at a price of $1.70 a share, for a $220m market cap.

Best performing IPOs in 2021

The two best performing IPOs in 2021 have been Firebird Metals(ASX:FRB) and Pentanet (ASX:5GG).

Firebird’s share price has more than tripled since its IPO back in March.

The company is a manganese explorer that was spun off from parent Firefly Resources (ASX:FFR).

It owns the Oakover and Hill 616 projects in the Pilbara regions well known for their manganese deposits.

Pentanet meanwhile, has risen by 175 per cent since making its ASX debut back in January.

Despite its ticker code, the company is not involved in rolling out a 5G network in Australia.

Instead, the business revolves around fixed work connections, with gaming like GeForce NOW being used to create awareness and attract customers to its network.

Notable upcoming listings

Code Company Listing price Capital raised Listing Date Sector
NXG Nex Gen Energy 5.6 $2.24M 2-Jul Energy
BBT Bluebet 1.4 $80M 2-Jul Consumer
LDR Lode Resources 0.2 $7.5M 2-Jul Resources
TBN Tamboran Resources 0.4 $66M 2-Jul Resources
29M 29Metals 2 $900M 2-Jul Resources

In the biggest ASX mining IPO in more than a decade,  29Metals (ASX:29M) is set to list today.

The company is owned by private investment firm EMR Capital, which has raised $528 million to fund 29M’s copper projects including Golden Grove and Capricorn copper mines in Australia, as well as Redhill in Chile.

The listing is strategically timed to take advantage of copper metal’s soaring price.