Australian IPO lead managers

H2 2025 · ASX IPOs listed · 18 deals · A$1.9bn disclosed

Deal size
Custom range
Australian IPO lead managers, H2 2025, ranked by number of deals
1 Canaccord Genuity A$217m · 44.4% share
2 Morgans A$264m · 22.2% share
2 E&P Capital A$239m · 22.2% share
4 Bell Potter A$84.4m · 11.1% share
4 Euroz Hartleys A$11.8m · 11.1% share
6 Barrenjoey A$228m · 5.6% share
6 Goldman Sachs A$228m · 5.6% share
6 UBS A$228m · 5.6% share
6 Henslow A$75m · 5.6% share
6 CommSec A$50m · 5.6% share
6 MST Financial A$50m · 5.6% share
6 National Australia Bank A$50m · 5.6% share
6 Shaw and Partners A$50m · 5.6% share
6 Wilsons Advisory A$50m · 5.6% share
6 Ord Minnett A$20m · 5.6% share
6 Wallabi Group A$6.8m · 5.6% share
6 Alpine Capital A$6m · 5.6% share
6 Harbury A$5m · 5.6% share
6 Inyati Capital A$4m · 5.6% share
6 Veritas Securities A$4m · 5.6% share
6 Bay Financial A$2.5m · 5.6% share
6 GBA Capital A$2.5m · 5.6% share
Share of the table, H2 2025
Australian IPO lead managers, H2 2025: share of the tableCanaccord Genuity44.4%Morgans22.2%E&P Capital22.2%Bell Potter11.1%Euroz Hartleys11.1%Barrenjoey5.6%Goldman Sachs5.6%UBS5.6%Henslow5.6%CommSec5.6%

Top ten by number of deals.

Rank by year
Australian IPO lead managers: rank by year#1#3#5#7#9#11#13#15#1720252026 YTDCanaccord Genuity: #1 in 2025Canaccord Genuity: #10 in 2026 YTD#10 Canaccord GenuityMorgans: #2 in 2025Morgans: #3 in 2026 YTD#3 MorgansE&P Capital: #4 in 2025E&P Capital: #11 in 2026 YTD#11 E&P CapitalBell Potter: #7 in 2025Bell Potter: #16 in 2026 YTD#16 Bell PotterEuroz Hartleys: #17 in 2025Euroz Hartleys: #14 in 2026 YTD#14 Euroz HartleysBarrenjoey: #3 in 2025Barrenjoey: #2 in 2026 YTD#2 BarrenjoeyGoldman Sachs: #5 in 2025Goldman Sachs (#5, 2025)UBS: #5 in 2025UBS: #7 in 2026 YTD#7 UBS

This table's top firms in each year.

Value is shared equally among the lead managers on each deal. Methodology

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