IPOs in 2021 are fast catching up to the surge we saw in 2020.

The latest data shows a total of 42 new companies have so far floated on the ASX in 2021, for a combined total market cap of around $5.5 billion.

By far the biggest listing this year was that of Latitude Financial (ASX:LFS), which commands a market value of $2.5 billion.

The 42 listings near the halfway point compare to the 113 IPO listings for the whole of 2020, which in itself grew by 23 per cent from 2019.

The year 2020 was indeed a big year to live up to with regards to IPOs.

According to the ASX, the market value of new listings – which includes IPOs, spin-offs, direct and dual listings – had increased by 148 per cent in 2020 to $35.7 billion.

Code Company Listing Price Current price % MktCap Sector
TRU Truscreen 0.065 0.085 31 $30.5M Health
TRN Torrens Mining 0.2 0.14 -30 $9.8M Resources
CHM Chimeric Therapeutics 0.2 0.26 30 $51.2M Health
FLX Felix Group 0.3 0.335 12 $36.1M Tech
AGC Australian Gold & Copper 0.2 0.14 -30 $9.5M Resources
5GG Pentanet 0.25 0.76 204 $144M Tech
M24 Mamba Exploration 0.2 0.23 15 $8.0M Resources
OZM OzAurum Resources 0.25 0.13 -48 $6.8M Resources
BEX Bike Exchange 0.26 0.23 -12 $33.0M Tech
MFB My Food Bag 1.85 1.39 -25 $337.0M Consumer
3MF 3D Metalforge 0.2 0.195 -3 $18.7M Industrial
EZZ EZZ Life Science 0.5 0.52 4 $6.6M Consumer
NNG Nexion 0.2 0.215 8 $14.0M Tech
SHG Singular Health 0.2 0.31 55 $18.3M Health
DDH DDH Drill 1.1 0.95 -14 $326.0M Industrial
GEN Genmin 0.34 0.28 -17 $78.2M Resources
BMO Baston Minerals 0.2 0.19 -5 $10.9M Resources
AWJ Auric Mining 0.25 0.16 -36 $6.5M Resources
MM8 Medallion Metals 0.2 0.255 28 $20.4M Resources
ART Airtasker 0.65 1.07 65 $438.0M Tech
MPA Mad Paws 0.2 0.18 -10 $33.9M Tech
KCC Kincora Copper 0.2 0.345 73 $22.8M Resources
PGD Peregrine Gold 0.2 0.35 75 $10.3M Resources
LGL Lynch Group 3.6 3.27 -9 $399.0M Industrial
TG1 TechGen Metals 0.2 0.255 28 $10.0M Resources
DEL Delorean 0.2 0.225 13 $40.3M Energy
ILA Island Pharmaceuticals 0.2 0.375 88 $15.7M Health
PHL Propell 0.2 0.13 -35 $11.4M Tech
ICL Iceni Gold 0.2 0.2 0 $22.2M Resources
FRB Firebird Meta 0.2 0.505 153 $25.5M Resources
LFS Latitude Group 2.6 2.5 -4 $2.5B Financial
PWR Peter Warren 2.9 3.36 16 $555.0M Consumer
MKL Mighty Kingdom 0.3 0.245 -18 $23.1M Tech
MLG MLG 1 1.35 35 $195.0M Resources
BCA Black Canyon 0.2 0.255 28 $8.0M Resources
ALB Albion Resources 0.2 0.23 15 $6.0M Resources
QML Qmines 0.2 0.285 43 $12.9M Resources
GL1 Global Lithium 0.2 0.325 63 $27.6M Resources
NKL Nickelx 0.2 0.16 -20 $8.6M Resources
HMI Hiremii 0.2 0.155 -23 $7.9M Tech
EPX EPT Global 0.2 0.215 8 $37.2M Tech

Four new notable stocks made their ASX debut in the last two weeks.

MLG Oz (ASX:MLG), a supply chain solution company, listed on May 4. The company had raised $70.7 million at $1 per share in the IPO. The Kalgoorlie-based company mainly works with mining companies in WA and NT. The MLG share price has risen by more than 30 per cent since listing, trading today at $1.36.

Technology-based recruitment company, Hiremii (ASX:HMI) listed at 20c a share after raising $6 million in the IPO. The company uses its proprietary artificial intelligence technology to reduce the amount of time and costs in recruiting. Its revenue has grown from zero to $6m in just three years time.

The share price dropped to 15c in yesterday’s trading.

Global Lithium Resources (ASX:GL1) was another newcomer in the ASX in the past fortnight. The lithium miner listed at 20c after a heavily oversubscribed $10 million IPO. The company is currently exploring potential lithium from its Marble Bar Lithium Project in the Pilbara region of WA.

Its share price rose to 30c yesterday.

Energy efficiency software company, EP&T Global (ASX:EPX), raised $11m at 20c per share, and made its debut yesterday. Its software is mainly used by real estate companies to identify and address energy inefficiences in their buildings.

The EPX share price rose by 5pc to 21c as of the time of writing.

The two best performing IPOs so far this year have been Pentanet (ASX:5GG), and Firebird Metal (ASX:FRB) – returning over 200 per cent and 150 per cent respectively.

Notable upcoming listings

Hearing tech company Audeara (ASX:AUA) is set to float on Tuesday 18 May. The company makes headphones designed to help people with hearing loss, and has raised $7 million in its IPO.

Another upcoming and interesting IPO is mouthguard tech company, HitIQ (ASX:HIQ). The company has raised $10 million in fresh equity at 20¢ a share.

HIQ sells “smart mouthguards” with sensors which collect data from a player’s mouth. The data can then be fed to the team’s medical staff to help in cases of concussion or injuries.

Code Company Price per share Capital raised Listing Date Sector
A8G Autralasian Gold 0.2 $6m 13-May Resources
FG1 Flynn Gold 0.2 $10m 20-May Resources
JNO Juno Minerals 0.25 $20m 13-May Resources
LEL Lithium Energy 0.2 $9m 24-May Resources
PWR PWA Holdings 2.9 $260m 27-Apr Consumer
AM7 Arcadia Minerals 0.2 $6.4M 28-May Resources
AUA Audera 0.2 $7m 14-May Tech
LDR Lode Resources 0.2 $7.5m 1-Jun Resources
MMG Monger Gold 0.2 $6m 8-Jun Resources
TOR Torque Metals 0.2 $7m 20-May Resources
AGN Argenica Therpaeutics 0.2 $7m 10-Jun Health
ACL Australian Clinical Labs 4 $409M 14-May Health
DGL DGL Group 1 $100M 24-May Industrial
FOS FOS 0.25 $3m 9-Jun Industrial
HIQ hitIQ 0.2 $10m 7-Jun Tech
LM8 Lunnon Metals 0.3 $15m 1-Jun Resources
POL Polymetals Resources 0.2 $7m 15-Jun Resources
PPM Pepper Money 2.89 $500m 1-Jun Financial
SB2 Salter Brothers Emerging Companies 1 $20m 8-Jun Financial
TRJ Trajan Group Holdings 1.7 $80m 7-Jun Health