IPO Watch: The ASX has already welcomed more IPOs in 2021 than the previous two years combined
IPO Watch
IPO Watch
There have been nearly as many new listings in 2021 than the previous two years combined.
2019 and 2020 saw just over 60 listings each, but even with a quarter still to go in 2021, this year has delivered 125 IPOs.
The average gain in 2021 of 28% is below both 2019 and 2020, which respectively delivered 35% and 41% returns to the end of those years.
However 2021 has delivered more ASX listings which gained 100% or more, as well as stocks gaining 200% or more than in the previous two years – 13 and 4 of them, respectively.
It has also seen more listings of $1 billion or more, with four this year and just two in 2020 with Pexa Group (ASX:PXA), Latitude Group (ASX:LFS), 29 Metals (ASX:29M) and Pepper Money (ASX:PPM) making up the large cap IPO list.
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Code | Company | Listing Price | Current Price | % | Sector |
---|---|---|---|---|---|
TRU | Truscreen | 0.065 | 0.055 | -15 | Health |
TRN | Torrens Mining | 0.2 | 0.15 | -25 | Resources |
CHM | Chimeric Therapeutics | 0.2 | 0.3125 | 56 | Health |
FLX | Felix Group | 0.3 | 0.25 | -17 | Tech |
AGC | Australian Gold & Copper | 0.2 | 0.13 | -35 | Resources |
5GG | Pentanet | 0.25 | 0.65 | 160 | Tech |
M24 | Mamba Exploration | 0.2 | 0.17 | -15 | Resources |
OZM | OzAurum Resources | 0.25 | 0.14 | -44 | Resources |
BEX | Bike Exchange | 0.26 | 0.18 | -30 | Tech |
MFB | My Food Bag | 1.85 | 1.36 | -27 | Consumer |
3MF | 3D Metalforge | 0.2 | 0.15 | -25 | Industrial |
EZZ | EZZ Life Science | 0.5 | 0.505 | 1 | Consumer |
NNG | Nexion | 0.2 | 0.21 | 5 | Tech |
SHG | Singular Health | 0.2 | 0.235 | 18 | Health |
DDH | DDH Drill | 1.1 | 1.185 | 8 | Industrial |
GEN | Genmin | 0.34 | 0.2 | -42 | Resources |
BMO | Baston Minerals | 0.2 | 0.26 | 30 | Resources |
AWJ | Auric Mining | 0.25 | 0.135 | -46 | Resources |
MM8 | Medallion Metals | 0.2 | 0.23 | 15 | Resources |
ART | Airtasker | 0.65 | 0.975 | 50 | Tech |
MPA | Mad Paws | 0.2 | 0.215 | 8 | Tech |
KCC | Kincora Copper | 0.2 | 0.15 | -25 | Resources |
PGD | Peregrine Gold | 0.2 | 0.4 | 100 | Resources |
LGL | Lynch Group | 3.6 | 3.58 | 0 | Industrial |
TG1 | TechGen Metals | 0.2 | 0.22 | 10 | Resources |
DEL | Delorean | 0.2 | 0.195 | -3 | Energy |
ILA | Island Pharmaceuticals | 0.2 | 0.32 | 60 | Health |
PHL | Propell | 0.2 | 0.099 | -50 | Tech |
ICL | Iceni Gold | 0.2 | 0.23 | 15 | Resources |
FRB | Firebird Metals | 0.2 | 0.53 | 165 | Resources |
LFS | Latitude Group | 2.6 | 2.15 | 17 | Financial |
PWR | Peter Warren | 2.9 | 3.02 | 4 | Consumer |
MKL | Mighty Kingdom | 0.3 | 0.16 | -47 | Tech |
MLG | MLG | 1 | 0.91 | -9 | Resources |
BCA | Black Canyon | 0.2 | 0.26 | 30 | Resources |
ALB | Albion Resources | 0.2 | 0.24 | 20 | Resources |
QML | Qmines | 0.2 | 0.38 | 90 | Resources |
GL1 | Global Lithium | 0.2 | 0.385 | 93 | Resources |
NKL | Nickelx | 0.2 | 0.18 | -10 | Resources |
HMI | Hiremii | 0.2 | 0.099 | -50 | Tech |
EPX | EPT Global | 0.2 | 0.155 | -23 | Tech |
A8G | Austalasian Gold | 0.2 | 0.42 | 110 | Resources |
DGL | DGL Group | 1 | 3 | 200 | Industrial |
PPM | Pepper Money | 2.89 | 2.5 | -14 | Financial |
AUA | Audeara | 0.2 | 0.12 | -40 | Tech |
JNO | Juno | 0.25 | 0.15 | -40 | Resources |
ACL | Au Clinical Labs | 4 | 4.52 | 13 | Health |
KED | Keypath Education | 3.71 | 3.23 | -13 | Tech |
TRJ | Trajan | 1.7 | 3.15 | 85 | Health |
FOS | FOS Capital | 0.25 | 0.255 | 2 | Industrial |
AGN | Argenica Theraprutics | 0.2 | 0.39 | 95 | Health |
SB2 | Salter Brothers | 1 | 0.84 | -16 | Financial |
LM8 | Lunnon Metals | 0.3 | 0.425 | 42 | Resources |
HIQ | HitIQ | 0.2 | 0.145 | -28 | Tech |
FG1 | Flynn Gold | 0.2 | 0.15 | -25 | Resources |
CDR | Codrus Minerals | 0.2 | 0.15 | -25 | Resources |
AM7 | Arcadia Minerals | 0.2 | 0.19 | -5 | Resources |
BGD | Barton Gold | 0.25 | 0.17 | -32 | Resources |
WAR | WAM Strategic Value | 1.25 | 1.25 | 1 | Financial |
CHL | Camplify | 1.42 | 2.99 | 110 | Tech |
POL | Polymetals Resources | 0.2 | 0.135 | -33 | Resources |
AR3 | Aust Rare | 0.3 | 0.985 | 228 | Resources |
29M | 29Metals | 2 | 2.32 | 16 | Resources |
PEX | Pexa | 17.13 | 16.6 | -3 | Tech |
NXG | Nex Gen Energy | 5.6 | 6.44 | 15 | Energy |
BBT | Bluebet | 1.14 | 1.85 | 62 | Consumer |
LDR | Lode Resources | 0.2 | 0.13 | -35 | Resources |
TBN | Tamboran Resources | 0.4 | 0.36 | -10 | Resources |
OZZ | Ozz Resources | 0.2 | 0.175 | -13 | Resources |
LDX | Lumos Diagnostics | 1.25 | 0.92 | -27 | Health |
MMG | Monger Gold | 0.2 | 0.235 | 18 | Resources |
BTN | Butn | 0.5 | 0.36 | -28 | Tech |
AS2 | Askari Metals | 0.2 | 0.21 | 5 | Resources |
PGO | Pac Gold | 0.25 | 0.23 | -8 | Resources |
LKY | Locksley Resources | 0.2 | 0.17 | -15 | Resources |
BUR | Burley Minerals | 0.2 | 0.26 | 30 | Resources |
SLH | Silk Logistics | 2 | 2.24 | 12 | Industrial |
CHR | Charger Metals | 0.2 | 0.475 | 138 | Resources |
DRA | DRA Global | 3.95 | 3.51 | -12 | Industrial |
AE1 | Aerison | 0.2 | 0.21 | 5 | Industrial |
RBX | Resource Base | 0.2 | 0.225 | 13 | Resources |
IND | Industrial Minerals | 0.2 | 0.275 | 38 | Resources |
MTM | Mt Monger Resources | 0.2 | 0.175 | -13 | Resources |
BBM | Balkan Mining | 0.2 | 0.72 | 240 | Resources |
92E | 92Energy | 0.2 | 0.7 | 250 | Energy |
WMG | Western Mines | 0.2 | 0.215 | 8 | Resources |
GFN | Gefen | 1 | 0.75 | -25 | Tech |
OPN | OpenNegotiation | 0.2 | 0.16 | -20 | Tech |
BDX | BCAL Diagnostics | 0.25 | 0.185 | -26 | Health |
1VG | Victory Goldfields | 0.2 | 0.21 | 5 | Resources |
NOL | Nobleoak Life | 1.95 | 2.31 | 18 | Financial |
WGR | Western Gold Resources | 0.2 | 0.18 | -10 | Resources |
AQN | Aquirian | 0.2 | 0.19 | -5 | Resources |
BST | Best & Less | 2.16 | 3.4 | 57 | Consumer |
M3M | M3 Mining | 0.2 | 0.2 | 0 | Resources |
AII | Almonty Industries | 1 | 0.89 | -11 | Industrial |
E33 | East 33 | 0.2 | 0.19 | -5 | Consumer |
PFE | Pantera Minerals | 0.2 | 0.315 | 58 | Resources |
TMB | Tambourah Metals | 0.2 | 0.22 | 10 | Resource |
CNR | Cannon Resources | 0.2 | 0.28 | 40 | Resources |
G50 | Gold 50 | 0.2 | 0.235 | 18 | Resources |
KNI | Kuniko | 0.2 | 2.15 | 975 | Resources |
CU6 | Clarity Pharmaceuticals | 1.4 | 1.26 | -10 | Health |
T3K | Tek Ocean Group | 0.5 | 0.4 | -20 | Industrial |
RWL | Rubicon Water | 1 | 1.74 | 74 | Industrial |
BMR | Ballymore Resources | 0.2 | 0.29 | 45 | Resources |
HCW | Health & Wellness REIT | 2 | 2.27 | 14 | Property |
MM1 | Midas Minerals | 0.2 | 0.185 | -8 | Resources |
Z2U | Zoom2u Technologies | 0.2 | 0.505 | 153 | Tech |
CPO | Culpeo Minerals | 0.2 | 0.23 | 15 | Resources |
M2M | Mt Malcolm Mines | 0.2 | 0.15 | -25 | Resources |
HVH | Heavy Minerals | 0.2 | 0.19 | -5 | Resources |
CUS | Copper Search | 0.2 | 0.37 | 85 | Resources |
W2V | Way2VAT | 0.2 | 0.225 | 13 | Tech |
SSH | SSH Group | 0.2 | 0.24 | 20 | Industrial |
X2M | X2M Connect | 0.25 | 0.235 | -6 | Tech |
IR1 | Iris Metals | 0.2 | 0.24 | 20 | Resources |
RRR | Revolver Resources | 0.2 | 0.36 | 80 | Resources |
WIN | Widgie Nickel | 0.2 | 0.215 | 8 | Resources |
LIS | LIS Energy | 0.85 | 2.17 | 155 | Energy |
DAL | Dalaroo Metals | 0.2 | 0.25 | 25 | Resources |
KNB | Koonenberry Gold | 0.2 | 0.16 | -20 | Resources |
TVL | Touch Ventures | 0.4 | 0.52 | 30 | Tech |
FRS | Forrestania Resources | 0.2 | 0.34 | 70 | Resources |
MMC | Mitre Mining | 0.2 | 0.255 | 28 | Resources |
More recently, two particular ASX listings in September stood out with post-IPO gains of more than 150%.
The first of these is Li-S Energy (ASX:LIS) which is aiming more durable and better performing lithium batteries.
The second is Zoom2u Technologies (ASX:Z2U) which is a logistics software stock connecting its customers to drivers.
But the best performing stock is Kuniko (ASX:KKI) which is up nearly ten fold since listing.
Kuniko is a spin off from Vulcan Energy (ASX:VUL) – holding former flagship assets of Vulcan’s when it was a base metals explorer named Koppar Resources.
Taking silver and bronze spots are uranium explorer uranium play 92 Energy (ASX:92E) with a 250% gain, and battery metals play Balkan Mining (ASX:BMM) with a 240% gain.
At the other end of the scale are fintech Propell (ASX:PHL) and HR tech company Hiremii (ASX:HMI) which have both halved since listing.
The ASX lists a further 27 companies scheduled to list in the next few weeks, most of which are resources.
The next stock to list will be West Cobar Metals (ASX:WC1) which is a gold and base metals explorer focused on the Cobar region in NSW.
One of the more notable listings later in October is Minerals 260 (ASX:MI6) which is a spin off of Liontown’s (ASX:LTR) gold, nickel and copper assets.
Yet the biggest listing, by new capital raised, will be Austral Resources (ASX:AR1) which is listing in early November and raising $30 million.
While many of the ASX’s upcoming listings are explorers, AR1 — a Queensland focused copper play — is almost at the production stage and is hoping its IPO will allow it to kick things off, although it will also be conducting further exploration work at its landholding.