Australian IPO lead managers

Calendar 2025 · ASX IPOs listed · 20 deals · A$2.4bn disclosed

Deal size
Custom range
Australian IPO lead managers, Calendar 2025, ranked by number of deals
1 Canaccord Genuity A$263m · 40.0% share
2 Morgans A$277m · 25.0% share
3 E&P Capital A$239m · 20.0% share
4 Bell Potter A$194m · 15.0% share
5 Barrenjoey A$241m · 10.0% share
5 MST Financial A$116m · 10.0% share
5 Shaw and Partners A$116m · 10.0% share
5 Euroz Hartleys A$11.8m · 10.0% share
9 Goldman Sachs A$228m · 5.0% share
9 UBS A$228m · 5.0% share
9 Argonaut A$110m · 5.0% share
9 Henslow A$75m · 5.0% share
9 MA Moelis Australia A$66m · 5.0% share
9 Ord Minnett A$66m · 5.0% share
9 CommSec A$50m · 5.0% share
9 National Australia Bank A$50m · 5.0% share
9 Wilsons Advisory A$50m · 5.0% share
9 Wallabi Group A$6.8m · 5.0% share
9 Alpine Capital A$6m · 5.0% share
9 Harbury A$5m · 5.0% share
9 Inyati Capital A$4m · 5.0% share
9 Veritas Securities A$4m · 5.0% share
9 Bay Financial A$2.5m · 5.0% share
9 GBA Capital A$2.5m · 5.0% share
Share of the table, Calendar 2025
Australian IPO lead managers, Calendar 2025: share of the tableCanaccord Genuity40.0%Morgans25.0%E&P Capital20.0%Bell Potter15.0%Barrenjoey10.0%MST Financial10.0%Shaw and Partners10.0%Euroz Hartleys10.0%Goldman Sachs5.0%UBS5.0%

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: #2 in 2025Canaccord Genuity: #10 in 2026 YTD#10 Canaccord GenuityMorgans: #1 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: #15 in 2026 YTD#15 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 PartnersEuroz Hartleys: #17 in 2025Euroz Hartleys: #16 in 2026 YTD#16 Euroz Hartleys

This table's top firms in each year.

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

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