IPO Watch: The ASX IPO pipeline snakes well into January

The ASX IPO pipeline is snaking well into 2021 and is worth nearly $800 million all up.

The IPO market began 2020 on a soft note with a handful of listings to start the year and COVID-19 virtually stopping the pipeline for two months and hitting many new listees.

But the market rally of recent weeks has seen the pipeline substantially pick up. Ten new listees joined the ASX in the past fortnight alone.

Additionally 30 more are set to list in the next six weeks.

Today will see the listings of edtech Cluey (ASX:CLU) and WA gold explorer Aurumin (ASX:AUN) – beginning at 11am and 10.30am respectively.

Here’s a list of the ASX IPO pipeline…

Code	Company	Price	Capital Raised	Listing Date	Sector
KFM	Kingfisher Mining	0.2	$6m	8-Dec	Resources
TRN	Torrens Mining	0.2	$10m	8-Dec	Resources
SLA	SILK Laser	3.45	$83.5m	8-Dec	Consumer - beauty
ACE	Acusensus	2.25	$10m	8-Dec	Technology
CLU	Cluey	1.2	$30m	9-Dec	Consumer - edtech
BNZ	Benz Mining Corp	0.5	$2m	9-Dec	Resources
LFG	Liberty Financial	6	$320.7m	9-Dec	Financial
SOV	Sovereign Cloud Holdings	0.75	$20.0M	10-Dec	Tech
WSR	Westar Resources	0.2	$5.0M	10-Dec	Resources
GNP	GenusPlus	0.96	$32.8M	11-Dec	Telco
AKO	Akora Resources	0.25	$5m	11-Dec	Resources - Iron Ore
ERW	Errawarra Resources	0.2	$6m	14-Dec	Resources
RCR	Rincon Resources	20	$6m	14-Dec	Resources
TSI	Top Shelf	2.21	$35m	14-Dec	Consumer - beverages
DM1	Desert Metals	0.2	$5m	15-Dec	Resources
LV1	Live Verdure	0.2	$5.0M	15-Dec	Consumer - food
LV1	Live Verdure	0.2	$5m	17-Dec	Consumer
CHM	Chimeric Therapeutics	0.2	$35m	18-Dec	Biotech
FLX	Felix Group Holdings	0.36	$12m	18-Dec	Tech
AWJ	Auric Mining	0.25	$8m	23-Dec	Resources
TRU	Truscreen	0.07	$2.5m	24-Dec	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	10-Jan	Tech
CTT	Cettire	0.5	$65m	12-Jan	Consumer - retailer
PLY	PlaySide Studios	0.2	$15m	18-Jan	Tech - esport
NNG	Nexion	0.2	$8m	20-Jan	Tech

IPO market still up in 2020

The average ASX IPO gain has dropped to 44 per cent in the last fortnight with the mixed performance of recent IPOs.

Of last week’s new entrants, five of the seven are in positive territory:

Booktopia (ASX:BKG): $2.87, up from $2.30 listing
Hexima (ASX:HXL): 18c, down from 20c
Doctor Care Anywhere (ASX:DOC): 78c, down from 80c
Cashrewards (ASX:CRW): $2.03, up from $1.73
Maas Group (ASX:MGH): $2.73, up from $2
Nuix (ASX:NXL): $9.23, up from $5.31
Prospech (ASX:PRS): 24c, up from 20c

But this week’s listees haven’t been as fortunate:

Control Bionics (ASX:CBL): $1.06 up from 60c
Youfoodz (ASX:YFZ): $1.14 down from $1.50
Dalrymaple Bay Infrastructure (ASX:DBI): $2.19 down from $2.57

Nevertheless some IPOs from previous months have lifted their game.

The list of stocks that have tripled now numbers three with Siren Gold (ASX:SNG) joining COSOL (ASX:COS) and 4DMedical (ASX:4DX) thanks to exploration results at Siren’s New Zealand project.

A further seven stocks are sitting on gains above 100 per cent with Aussie Broadband (ASX:ABB), Caspin Resources (ASX:CPN), Native Mineral Resources (ASX:NMR) and MetalHawk (ASX:MHK) reaching this milestone in the last fortnight.

The other three stocks that have more than doubled since debut are Kaiser Reef (ASX:KAU), Dynamic Drill & Blast (ASX:DDB) and AML3D (ASX:AL3).

At the other end of the ASX IPO pipeline, some have never recovered from their first day or the COVID-19 crash.

The worst performing ASX IPOs are cannabis data stock Emyria (ASX:EMD), down 56 per cent, and fintech lender Plenti Group (ASX:PLT), down 38 per cent.

Code	Company	Listing Price	Current price	%	MktCap
4DX	4Dmedical Limited	0.74	2.32	213	$386M
ABB	Aussie Broadband	1	2.19	119	$319M
ABY	Adore Beauty	6.75	5.26	-23	$497M
AIM	Access Innovation	1.23	1	-19	$144M
AL3	Aml3D	0.2	0.415	108	$39M
ARX	Aroa Biosurgery	0.75	1.215	62	$365M
AT1	Atomo Diagnostics	0.2	0.315	58	$128M
BKG	Booktopia	2.3	2.88	25	$394M
CBE	Cobre	0.2	0.205	2.5	$13.6M
CBL	Control Bionics	0.6	1.08	80	$53.7M
CCR	Credit Clear	0.35	0.66	89	$105M
COD	Coda Minerals Ltd	0.3	0.305	2	$21.3M
COS	Cosol Limited	0.2	0.75	275	$98.8M
CPN	Caspin Resources	0.2	0.575	188	$34.5M
CRW	Cashrewards	1.73	2.04	18	$160M
CSX	Cleanspace Holdings	4.41	5.66	28	$436M
DBI	Dalrymple Bay Infrastructure	2.57	2.2	-15	$1.0B
DC2	Dctwo	0.2	0.31	55	$9.1M
DDB	Dynamic Drill	0.2	0.51	155	$14.9M
DOC	Doctor Care Anywhere	0.8	0.78	-3	$140M
DSK	Dusk Group	2	1.72	-14	$107M
DUG	DUG Tech	1.35	1.3	-4	$129M
EMD	Emyria Limited	0.2	0.087	-56	$9.7M
FFF	Forbidden Foods	0.2	0.3	50	$13.6M
HMY	Harmoney	3.5	2.9	-19	$293M
HPG	Hipages	2.45	2.11	-14	$274M
HXL	Hexima	0.2	0.185	-7.5	$22.3M
ICR	Intelicare Holdings	0.2	0.255	28	$9.3M
KAU	Kaiser Reef	0.2	0.41	105	$11.0M
LBY	Laybuy Group Holding	1.41	1.31	-7	$228M
LGP	Little Green Pharma	0.45	0.585	30	$46.1M
M2R	Miramar	0.2	0.34	70	$14.1M
MEG	Megado	0.2	0.175	14	$6.9M
MGH	Maas Group	2	2.72	36	$721M
MHK	Metalhawk	0.2	0.46	130	$9.2M
MKR	Manuka Resources.	0.2	0.255	27	$33.3M
MYD	Mydeal.com.au	1	1.26	26	$326M
NMR	Native Mineral Resources	0.2	0.53	165	$14.9M
NSM	North Stawell	0.5	0.48	-4	$19.2M
NXL	Nuix	5.31	9.22	74	$2.9B
PAM	Pan Asia Metals	0.2	0.135	-33	$6.8M
PLT	Plenti Group Limited	1.66	1.04	-38	$176M
PRS	Prospech	0.2	0.235	18	$15.3M
SNG	Siren Gold	0.25	0.81	224	$47.9M
SRJ	SRJ Technologies	0.5	0.44	-13	$32.6M
UNI	Universal Store	3.8	4.76	25	$348.M
WAK	WA Kaolin	0.2	0.185	-7	$29.5M
YFZ	Youfoodz	1.5	1.16	-23	$155.0M
ZBT	Zebit Inc.	1.58	1	-37	$94.4M