2013 Tech stocks, Floats and IPO Australia

| September 24, 2013 | 0 Comments

2013 is definitely going to be the  the year  of the technology stock IPO’S and floats , there is still a couple of month’s to go  to the end of he calendar year, but still quite a few Exciting “tech Ipo’s” to list soon in Australia

tech sector ipo in australia

 

Ozforex Group

Ozforex as of now has plans top float on the Australian stock market in October (October 11). OzForex  which is a online foreign exchange business, is based in Australia and has offices in the US, Europe and Asia, will issue 219.7 million shares at $2 each in a $439.4 million equity raising program. Founders of ozforex Matt Gilmour and Gary Lord are hoping for thier net worth value to increase with this listing. The current backers, investment bank Macquarie Group and US private equity firm The Carlyle Group, plans to sell their stake during the public offer

Ozforex plans to for  $440 million listing  in one of the year’s biggest initial public offerings

OzForex - Foreign Exchange Services

Website: http://www.ozforex.com.au/

 

Freelancer.com

Freelancer has had a $400 million approach from Japanese recruitment firm Recruit Holdings Co this year Freelancer is a online jobs portal which allows people with technology and computer related skills  to seek jobs as well as customers who seek jobs to be done for them for a commission that freelancer charges on each job done via them.

Freelancer.com is planning an initial public offering in Australia this year. This local listing would help boost Australia’s fast-growing tech sector. Currently Investment fund Startive Capital owns another 42 percent of Freelancer, while unnamed investors hold the rest. Matt Barrie is the founder of this online business

Website: http://www.freelancer.com

 

Steadfast Group

The steadfast group listed not too long ago on the Australian  exchange with current price  @

SDF (ASX): $1.56. The Australian insurance broking network group  Steadfast Group raised 334 million Australian dollars (US$303 million) through an initial public offering in July end this year, which was priced A$1.15 a share

The steadfast group was established in 1996 with 280 brokers under its umbrella, Steadfast claims to be the largest general insurance broking network in Australia

 

Some of the other local companies that can have a local or overseas listing or Float in the near future could be, catch of the day (founders Hezi and Gabby Leibovich.) , KOGAN ( founder Ruslan Kogan) , online software group Aconex  and Atlassian( with a possible overseas Listing on nasdaq)

Check out our this post  and this post  which feature some tech stocks that have listed previously and some that has excelled in our Australian markets. You can also check out the upcoming floats for Sept 2013 and Oct 2013 <– here at the ASX website

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Category: ASX, Australia, IPO, Stock Price

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