IPO watch mid year reportJuly 21, 2021

The IPO market in the first half of 2021 continued the momentum from the end of last year. There were 61 new market entrants during the period representing a significant increase from 12 listings for the same period in 2020, which was heavily impacted by market falls during the early stages of the COVID-19 pandemic.
This year’s strong performance has been particularly evident in terms of total amounts raised from new offerings which totalled $2.9 billion, whereas there was only $132 million raised in the first half of 2020. This increase in total funds raised was driven by the 13 large cap IPOs (those in excess of $100 million market cap) coming to market so far in 2021 compared to only one large cap by the end of June 2020.
The June quarter saw the highest number of listings with 39 of the total 61 listings occurring in this quarter. A total of nine companies during this quarter were large cap listings.

Rrefer attached HLB Report here >>>>IPO-Watch-Australia-Mid-Year-Report-2021

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