IPO Watch: The average 2019 IPO is up 52 per cent

The average 2019 initial public offering is up 52 per cent, with six companies having more than doubled in value.

The three best-performing stocks remain the same as the last time we checked; wireless internet provider Uniti Wireless (ASX:UWL), up 468 per cent, pot stock Ecofibre (ASX:EOF), up 208 per cent, and bacteria-killing biotech Next Science (ASX:NXS), up 189 per cent.

Three more companies have also more than doubled since listing; buy-now-pay-later stock Splitit (ASX:SPT), up 183 per cent, fintech Quickfee (ASX:QFE), up 150 per cent and fund manager VGI Partners (ASX:VGI).

There’s one new company on the list, MRI medtech Imricor (ASX:IMR), which has risen 55 per cent to $1.29 since listing late last month.

Here’s a performance rundown of this year’s ASX entrants:

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Listing Date ASX Code Company IPO Price Price Aug 27 % Change to date
02/13/2019 UWL Uniti Wireless Ltd 0.25 1.365 4.68
03/29/2019 EOF Ecofibre Ltd 1 3.08 2.08
04/18/2019 NXS Next Science Ltd 1 2.89 1.89
01/29/2019 SPT Splitit Payments Ltd 0.2 0.565 1.83
07/11/2019 QFE QuickFee Ltd 0.2 0.5 1.5
06/21/2019 VGI VGI Partners Ltd 5.5 13.2 1.4
07/30/2019 SZL Sezzle Inc 1.22 2.2 0.8
06/07/2019 VVA Viva Leisure Ltd 1 1.7 0.7
02/22/2019 MPH Mediland Pharm Ltd 0.2 0.32 0.6
08/22/2019 OPC OptiComm Ltd 2 3.19 0.6
08/30/2019 IMR Imricor Medical Systems Inc 0.83 1.29 0.55
06/14/2019 2BE Tubi Pty Ltd 0.2 0.31 0.55
06/12/2019 PBH PointsBet Holdings Pty Ltd 2 2.91 0.46
07/05/2019 IXC Invex Therapeutics Ltd 0.4 0.555 39%
05/07/2019 MRZ Mont Royal Resources Ltd 0.2 0.275 0.37
06/11/2019 PGL Prospa Group Ltd 3.78 4.96 0.31
08/16/2019 FCL Fineos Corp Holdings PLC-CDI 2.5 3.25 0.3
05/28/2019 IAP Investec stralia Property Fu 1.32 1.585 0.2
06/14/2019 VOL Victory Offices Ltd 2 2.39 0.2
04/30/2019 PE1 Pengana Private Equity Trust 1.25 1.385 0.11
04/17/2019 RDY Readytech Holdings Ltd 1.51 1.66 0.1
05/14/2019 PCI Perpetual Credit Income Trust 1.1 1.155 0.05
04/29/2019 MOT MCP Income Opportunities Trust 2 2.06 0.03
06/17/2019 RF1 Regal Investment Fund 2.5 2.55 0.02
02/05/2019 SPS SEnterpriSYS Ltd 0.1 0.1 -
02/14/2019 A1G African Gold Ltd 0.2 0.2 0
08/27/2019 APV Appsvillage stralia Ltd 0.2 0.19 -0.05
06/06/2019 PKS PKS Holdings Ltd 0.2 0.185 -0.08
06/06/2019 RLT Renergen Ltd 0.8 0.73 -0.09
05/24/2019 TIP Teaminvest Private Group Ltd 1 0.87 -0.13
03/07/2019 CBY Canterbury Resources Ltd 0.3 0.24 -20%
06/19/2019 WSP Whispir Ltd 1.6 1.24 -23%
05/23/2019 PWL Powerwrap Ltd 0.35 0.25 -29%
05/10/2019 360 Life360 Inc 4.79 3.39 -29%
02/19/2019 CLB Candy Club Holdings Ltd 0.2 0.057 -72%
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There have been no new companies preparing to list.

Here’s a list of upcoming IPOs:

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Company ASX code IPO status Focus Fund raising Issue price
Mader Group MAD Offer closes Sept 12; Due to list Sept 26 Heavy equipment maintenance, rapid response and support $50m $1.00
Nemex Resources NXR Listing extended to Sept 30 Gold and base metals exploration $5m 20c
Osteopore OSX Offer closes Aug 23; Due to list Sept 19 3D printed scaffolding $5.25m 20c
SRJ Technologies Seed raising; Targeting listing in Q4 2019 Pipe repair and replacement products $5m
Tartana Resources TNA Offer extended to Aug 13; Due to list Aug 30 Copper and zinc exploration $6m 20c
Trigg Mining TMG Offer extended to Aug 26; Due to list Sept 20 Potash $4.5m 20c
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