The IPO Corner || Missed July's IPO Boom? Here's a look at the Upcoming IPOs on the ASX!

Hi, you’re watching ‘The IPO Corner’. The initial public offerings space has become hotter than ever. In today’s show we will discuss why the Australian Securities Exchange is witnessing a surge in IPO activity.

• First on the list is East 33.

• A rock oyster producer and supplier, East 33 is set to launch on the Australian Securities Exchange on the 29th July 2021. The company has proposed to raise AU$32 million at an issue price of 20 cents per share.

• Next, the market is also keenly eyeing the IPO of M3 Mining. This metal and gold exploration company is set to list on the ASX on 29 July 2021.

• Online property settlements firm PEXA floated Australia’s biggest IPO this year and made a muted start on the exchange.

• The freshy-listed company Aquirian made strong debut on the ASX. The shares of the mining services firm surged 20% on listing on on July 27th.

• Engineering services provider Aerison Group had a muted debut on the ASX on July the 12th, closing marginally higher against its IPO price of 20 cents. The stock delivered a decent return of 30% in the first five days of trade last week.

• Mineral explorer Resource Base is another company that made a weak debut on the ASX on July the 12th. In the first week of its trade, the stock delivered a negative return of 10%.

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