IPO lead managers

Calendar 2025 · IPOs listed · 21 deals · A$2.5bn disclosed

Deal size
Custom range
IPO lead managers, Calendar 2025, ranked by number of deals
1 Canaccord Genuity A$283m · 42.9% share
2 Morgans A$277m · 23.8% share
3 E&P Capital A$239m · 19.0% share
4 Bell Potter A$194m · 14.3% share
5 Barrenjoey A$241m · 9.5% share
5 MST Financial A$116m · 9.5% share
5 Shaw and Partners A$116m · 9.5% share
5 Ord Minnett A$86m · 9.5% share
5 Euroz Hartleys A$11.8m · 9.5% share
10 Goldman Sachs A$228m · 4.8% share
10 UBS A$228m · 4.8% share
10 Argonaut A$110m · 4.8% share
10 Henslow A$75m · 4.8% share
10 MA Moelis Australia A$66m · 4.8% share
10 CommSec A$50m · 4.8% share
10 National Australia Bank A$50m · 4.8% share
10 Wilsons Advisory A$50m · 4.8% share
10 Wallabi Group A$6.8m · 4.8% share
10 Alpine Capital A$6m · 4.8% share
10 Harbury A$5m · 4.8% share
10 Inyati Capital A$4m · 4.8% share
10 Veritas Securities A$4m · 4.8% share
10 Bay Financial A$2.5m · 4.8% share
10 GBA Capital A$2.5m · 4.8% share
Share of the table, Calendar 2025
IPO lead managers, Calendar 2025: share of the tableCanaccord Genuity42.9%Morgans23.8%E&P Capital19.0%Bell Potter14.3%Barrenjoey9.5%MST Financial9.5%Shaw and Partners9.5%Ord Minnett9.5%Euroz Hartleys9.5%Goldman Sachs4.8%

Top ten by number of deals.

Rank by year
IPO lead managers: rank by year#1#3#5#7#9#11#13#15#1620252026 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 PotterBarrenjoey: #3 in 2025Barrenjoey: #2 in 2026 YTD#2 BarrenjoeyMST Financial: #8 in 2025MST Financial: #11 in 2026 YTD#11 MST FinancialShaw and Partners: #8 in 2025Shaw and Partners: #13 in 2026 YTD#13 Shaw and PartnersOrd Minnett: #11 in 2025Ord Minnett: #1 in 2026 YTD#1 Ord Minnett

This table's top firms in each year.

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

Download CSV

Covers deals in Australia only for now. New Zealand is in progress; the United Kingdom, the United States, Canada, Singapore, China and India are planned. Values are in Australian dollars.