The ASX is on track to record the most IPOs since 2008, with 95 new listings in calendar year 2021 already.

In July alone, there were 33 debutants on the bourse, with a few more to come before the month is out.

 

Code Company Listing Price Current Price % MktCap Sector
HMI Hiremii 0.2 0.088 -56 $5.2M Tech
MKL Mighty Kingdom 0.3 0.155 -49 $14.9M Tech
OZM OzAurum Resources 0.25 0.13 -48 $6.8M Resources
GEN Genmin 0.34 0.185 -46 $52.2M Resources
AUA Audeara 0.2 0.11 -45 $7.0M Tech
AWJ Auric Mining 0.25 0.14 -44 $6.2M Resources
PHL Propell 0.2 0.115 -43 $9.4M Tech
MFB My Food Bag 1.85 1.25 -33 $303M Consumer
3MF 3D Metalforge 0.2 0.14 -30 $13.9M Industrial
AGC Australian Gold & Copper 0.2 0.15 -25 $10.5M Resources
ICL Iceni Gold 0.2 0.15 -25 $16.6M Resources
A8G Austalasian Gold 0.2 0.15 -25 $4.9M Resources
POL Polymetals Resources 0.2 0.155 -23 $5.6M Resources
BGD Barton Gold 0.25 0.2 -20 $17.2M Resources
TBN Tamboran Resources 0.4 0.32 -20 $137.0M Resources
RBX Resource Base 0.2 0.16 -20 $5.4M Resources
BEX Bike Exchange 0.26 0.21 -19 $30.0M Tech
PPM Pepper Money 2.89 2.37 -18 $1.1B Financial
LDR Lode Resources 0.2 0.165 -18 $5.9M Resources
OZZ Ozz Resources 0.2 0.165 -18 $4.4M Resources
HIQ HitIQ 0.2 0.165 -17 $18.1M Tech
MLG MLG 1 0.84 -16 $122.0M Resources
GFN Gefen 1 0.84 -16 $45.0M Tech
MPA Mad Paws 0.2 0.17 -15 $33.1M Tech
FG1 Flynn Gold 0.2 0.17 -15 $10.2M Resources
TRU Truscreen 0.065 0.056 -14 $21.0M Health
EZZ EZZ Life Science 0.5 0.43 -14 $5.3M Consumer
WMG Western Mines 0.2 0.175 -13 $5.5M Resources
FLX Felix Group 0.3 0.265 -12 $29.2M Tech
BMO Baston Minerals 0.2 0.175 -12 $10.0M Resources
BDX BCAL Diagnostics 0.25 0.22 -12 $26.3M Health
LFS Latitude Group 2.6 2.35 -10 $2.4B Financial
JNO Juno 0.25 0.225 -10 $31.9M Resources
AM7 Arcadia Minerals 0.2 0.18 -10 $6.2M Resources
ALB Albion Resources 0.2 0.185 -8 $5.2M Resources
EPX EPT Global 0.2 0.185 -8 $21.5M Tech
SB2 Salter Brothers 1 0.92 -8 $86.8M Financial
CDR Codrus Minerals 0.2 0.185 -8 $7.4M Resources
CHL Campify 1.42 1.32 -8 $35.0M Tech
LKY Locksley Resources 0.2 0.185 -8 $5.4M Resources
MTM Mt Monger Resources 0.2 0.185 -8 $4.9M Resources
KED Keypath Education 3.71 3.45 -7 $718.0M Tech
LDX Lumos Diagnostics 1.25 1.16 -7 $179.0M Health
ACL Au Clinical Labs 4 3.75 -6 $759.0M Health
FOS FOS Capital 0.25 0.235 -6 $2.8M Industrial
TG1 TechGen Metals 0.2 0.19 -5 $7.1M Resources
NKL Nickelx 0.2 0.19 -5 $10.2M Resources
NXG Nex Gen Energy 5.6 5.4 -4 $2.1M Energy
M24 Mamba Exploration 0.2 0.18 -3 $6.8M Resources
PEX Pexa 17.13 16.87 -2 $3.0B Tech
AS2 Askari Metals 0.2 0.195 -2 $5.9M Resources
NNG Nexion 0.2 0.2 0 $11.5M Tech
WGR Western Gold Resources 0.2 0.2 0 $11.9M Resources
LGL Lynch Group 3.6 3.66 1 $447.0M Industrial
BTN Butn 0.5 0.49 1 $32.5M Tech
DRA DRA Global 3.95 4 1 $233.0M Industrial
CHR Charger Metals 0.2 0.205 2 $6.4M Resources
NOL Nobleoak Life 1.95 1.99 2 $167.0M Financial
AGN Argenica Theraprutics 0.2 0.205 3 $9.2M Health
WAR WAM Strategic Value 1.25 1.295 4 $233.0M Financial
TRN Torrens Mining 0.2 0.21 5 $18.8M Resources
DEL Delorean 0.2 0.21 5 $37.6M Energy
DDH DDH Drill 1.1 1.17 6 $405.0M Industrial
PGO Pac Gold 0.25 0.265 6 $8.3M Resources
1VG Victory Goldfields 0.2 0.22 10 $6.7M Resources
BCA Black Canyon 0.2 0.225 13 $7.2M Resources
29M 29Metals 2 2.26 13 $1.1B Resources
KCC Kincora Copper 0.2 0.23 15 $16.2M Resources
AQN Aquirian 0.2 0.23 15 $19.2M Resources
SLH Silk Logistics 2 2.36 18 $182.0M Industrial
MMG Monger Gold 0.2 0.24 20 $6.0M Resources
AE1 Aerison 0.2 0.24 20 $71.2M Industrial
PWR Peter Warren 2.9 3.5 21 $583.0M Consumer
DGL DGL Group 1.21 1.5 24 $386.0M Industrial
BST Best & Less 2.16 2.67 24 $308.0M Consumer
MM8 Medallion Metals 0.2 0.26 30 $21.0M Resources
GL1 Global Lithium 0.2 0.265 33 $26.7M Resources
SHG Singular Health 0.2 0.275 38 $17.5M Health
OPN OpenNegotiation 0.2 0.275 38 $31.0M Tech
92E 92Energy 0.2 0.28 40 $10.8M Energy
ART Airtasker 0.65 0.965 48 $389.0M Tech
IND Industrial Minerals 0.2 0.3 50 $8.3M Resources
ILA Island Pharmaceuticals 0.2 0.31 55 $13.1M Health
CHM Chimeric Therapeutics 0.2 0.33 65 $62.0M Health
QML Qmines 0.2 0.33 65 $14.8M Resources
TRJ Trajan 1.7 2.92 72 $374.0M Health
LM8 Lunnon Metals 0.3 0.52 73 $39.8M Resources
BUR Burley Minerals 0.2 0.355 78 $11.8M Resources
BBT Bluebet 1.14 2.24 96 $440.0M Consumer
BBM Balkan Mining 0.2 0.42 110 $13.1M Resources
5GG Pentanet 0.25 0.56 124 $110.0M Tech
PGD Peregrine Gold 0.2 0.45 125 $13.0M Resources
AR3 Aust Rare 0.3 0.755 152 $33.4M Resources
FRB Firebird Meta 0.2 0.53 165 $26.0M Resources

 

Australian Rare Earths (ASX:AR3) was amongst the best performers, trading at 76c today from a listing price of 30c.

The company raised $12m in an oversubscribed IPO, to fund its flagship Koppamurra Project in SA and Vic.

The project is said to be Australia’s largest ionic clay hosted rare earth element (RRE), and has already declared a maiden mineral resource.

Another explorer, Balkan Mining (ASX:BMM), has more than doubled after its IPO.

The lithium and borate explorer raised $6.5m, and was spun out of Jadar Resources (ASX:JDR), a 22% holder, and was backed by a $2m cornerstone investment from Sandfire Resources (ASX:SFR).

It listed at 20c and is now trading at 42c, giving Balkan the ideal start to exploration activities on its Rekovac lithium and borate project in the Vardar Zone of Serbia.

Rekovac is said to have similar geological settings to Rio Tinto’s world-class Jadar discovery, which contains a mammoth ore reserve of 16.6Mt at 1.81% lithium oxide and 13.4% boron trioxide.

Sports betting platform, Bluebet (ASX:BBT), raised $80 million at $1.14 per share in the IPO, and is now trading at $2.23.

The company has big expansion plans in the US, and with only 19 states plus the District of Columbia having legalised betting, the runway is still a long one for the company.

“We’ve been developing this product over a long period of time, it’s clearly worked in Australia, we’ve got a good profitable business and we think there’s a chance to go to the US,” Bluebet CEO Michael Sullivan told Stockhead last month.

Best and worst ASX IPOs for the year

As reported by Stockhead, the average gain of ASX IPOs has been falling in recent weeks, and in June, the average gain was only 11 per cent.

Best performing IPO of the year has been that of Firebird Metals (ASX:FRB), which has risen by 165% since its debut.

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.

Meanwhile, the worst performing IPO this year was recruitment tech Hiremii (ASX:HMI), which listed in May and has since lost more than half its value.

The company has a proprietary AI technology – Hiremii Recruitment – that sorts through job applications and matches them with employer requirements thereby saving them time.

The company raised $6m in the IPO, but has run straight into a job market that has been ravaged by lockdowns recently.

Notable upcoming IPOs

Code Company Price per share Capital raised Listing Date Sector
ETT East33 29-Jul 0.2 $32m Consumer
M3M M3 Mining 29-Jul 0.2 $4.6M Resources
PFE Pantera Minerals 5-Aug 0.2 $7m Resources
BMR Ballymore Resources 6-Aug 0.2 $11m Resources
CNR Cannon Resources 12-Aug 0.2 $6m Resources
CPO Culpeo 17-Aug 0.2 $6m Resources
TMB Tambourah Metals 20-Aug 0.2 $8m Resources
KNI Kuniko 23-Aug 0.2 $7.9M Resources
CU6 Clarity Pharmaceuticals 25-Aug 1.4 $92.0M Health
LGM Legacy Minerals 26-Aug 0.2 $7m Resources
KNB Koonenberry Gold 30-Aug 0.2 $10m Resources
LIS Li-S Energy 30-Aug 0.85 $34m Tech
BEZ Besera Gold 7-Sep 0.2 $12.5M Resources
MMI Midas Minerals 7-Sep 0.2 $6m Resources
IR1 Iris Metals 10-Sep 0.2 $7m Resources

 

Seafood specialist East 33 (ASX:ETT), is set to make its ASX debut this week, after raising $32m in the IPO.

The company focuses on the oysters export market, where Australian exports account for only 1% of the 120 billion oysters produced worldwide.