Monvia Limited (ASX:MNV) has officially been admitted to the ASX Official List and will begin trading on Friday, 24 July 2026. The life insurance software-as-a-service provider successfully raised $17,499,999 by issuing 15,909,090 fully-paid shares at $1.10 each. This public listing milestone highlights Monvia’s role as a specialist technology provider delivering core solutions to the Australian life insurance sector.
Key Points
- Monvia Limited (ASX:MNV) admitted to ASX Official List on 22 July 2026
- Trading starts at 12:00pm AEST on Friday, 24 July 2026
- Capital raise of $17,499,999 at $1.10 per share, issuing 15,909,090 fully-paid shares
- Total quoted shares: 53,272,342 fully paid ordinary shares
- Monvia delivers core SaaS solutions to the life insurance industry
- 40,861,286 shares held in escrow as restricted securities until 24 July 2028
- Registered office located in Subiaco, Western Australia
Monvia’s ASX Listing and Market Debut on 24 July 2026
On Wednesday, 22 July 2026, Monvia Limited was admitted to the ASX Official List, transitioning from a private company to a publicly traded entity. The company’s shares will be quoted and trading will commence at 12:00pm AEST on Friday, 24 July 2026 under the ticker MNV and trade abbreviation MONVIALTD. This listing marks a pivotal step for Monvia, expanding its investor reach both domestically and internationally.
The admission followed a replacement prospectus dated 24 June 2026 and a supplementary prospectus dated 8 July 2026, detailing Monvia’s business model, growth plans, and capital usage. Euroz Hartleys Limited and Unified Capital Partners Pty Ltd acted as joint lead managers and underwriters, providing full underwriting support for the capital raise. This successful admission confirms Monvia’s compliance with all ASX regulatory and disclosure requirements.
$17.5 Million Capital Raise at $1.10 Per Share
Monvia raised $17,499,999 by issuing 15,909,090 fully-paid ordinary shares at $1.10 each, pursuant to its prospectus offers. This capital injection will fund ongoing operations, technology development, and strategic growth within the life insurance software market. The fully-paid shares issued mean investors have paid the full subscription price with no further capital calls, providing Monvia immediate access to these funds.
Monvia’s SaaS Business Model Serving Life Insurance Sector
Monvia Limited specializes in providing core software-as-a-service solutions tailored to the life insurance industry, a sector demanding robust, compliant, and secure technology platforms. Their SaaS model enables life insurers to access essential software on a subscription basis, eliminating the need for heavy upfront infrastructure investment.
The life insurance market presents significant opportunities due to complex regulations, data security needs, and operational requirements. Monvia’s cloud-based SaaS offerings position it as a critical technology partner, delivering scalable, continuously updated software to meet evolving industry demands. This approach aligns with the sector’s shift toward outsourced, cloud-enabled technology solutions.
Post-IPO Share Capital and Quoted Securities
Following the IPO, Monvia Limited has 53,272,342 fully-paid ordinary shares quoted on the ASX, combining newly issued shares and pre-existing holdings. The ISIN for these shares is AU0000475188, facilitating international trading and settlement. The company supports both CHESS and issuer-sponsored holding systems, offering investors flexible settlement options.
Escrow Restrictions on 40.9 Million Shares Until July 2028
ASX has designated 40,861,286 shares as restricted securities held in escrow until 24 July 2028, a 24-month lock-up period from listing. These shares, typically held by founders and early investors, cannot be sold during this time to ensure market stability and investor confidence. This escrow covers approximately 76.7% of the total quoted shares, limiting secondary market supply during Monvia’s initial public trading phase.
After 24 July 2028, these shares will become unrestricted and freely tradable, providing liquidity to long-term shareholders.
Company Registration and Operations in Western Australia
Monvia Limited is incorporated in Australia with its registered office at Suite 15, 420 Bagot Road, Subiaco, WA 6008. This location serves as the company’s headquarters and official contact point for regulatory and shareholder communications. Contact details include phone +61 2 8081 6300 and email [email protected].
Nina Mlinarevic is the company secretary responsible for governance and compliance. Share registry services are provided by Automic Group at Level 5, 191 St Georges Terrace, Perth, WA 6000, reachable at 1300 288 664 (Australia) or +61 2 9698 5414 (international), and email [email protected].
Joint Lead Managers and Underwriting of the IPO
Euroz Hartleys Limited (ABN 33 104 195 057, AFSL 230052) and Unified Capital Partners Pty Ltd (ABN 80 666 560 050, AFSL 554658) acted as joint lead managers and underwriters for Monvia’s capital raise. Both hold Australian Financial Services Licenses, enabling them to manage the offering and provide financial advice. Their full underwriting commitment guarantees the $17,499,999 raise regardless of public subscription levels, reducing execution risk and ensuring regulatory compliance.
Dividend Policy and Financial Reporting Dates
Monvia’s dividend policy is outlined in section 3.10 of the Replacement Prospectus filed with ASX. The company’s financial year ends on 30 June, aligning with Australian standards for listed entities. While no specific dividend guidance has been disclosed, investors can review the prospectus for detailed policy information.
Monvia will report its first full-year results as a listed company for the year ending 30 June 2027, expected in August or September 2027 following audit completion.
Market Information and Share Trading Details
Monvia’s shares trade on ASX under the ticker MNV with the trade abbreviation MONVIALTD. Trading began at 12:00pm AEST on 24 July 2026. The ISIN AU0000475188 enables international investors to identify and trade Monvia shares. Initial share price and volume will be determined by market demand and supply on the first trading day. Investors should monitor ASX data for ongoing price and volume updates. Share performance will be influenced by company results, industry conditions, competition, and broader market trends in technology and financial services software.