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Your guide to upcoming floats

This article appeared in the November 2014 ASX Investor Update email newsletter. To subscribe to this newsletter please register with the MyASX section or visit the About MyASX page for past editions and more details.

From ASX

Here is a snapshot of entities that had applied for admission to the official list of ASX, as at November 4, 2014. Upcoming floats has more information, and Recent floats and listings provides information on entities that have listed on ASX in the previous two months. Note: information about upcoming floats can change quickly if companies close their IPO ahead of schedule, or decide to extend their offer. Check the ASX website or talk to your financial adviser for latest information. IPO listing and closing dates are indicative only.

1. Aeeris Ltd

Aeeris is the developer, operator and provider of the Early Warning Network, a multi-channel, Geographic Notification and Information System (GNIS) which was built to help protect lives, property and business. This system has been operating continuously since early 2007 and has been used more than 18,000 times to deliver millions of alerts Australia-wide. Capital to be raised: $6 million.

2. Ascend Biopharmaceuticals Limited

Ascend is a clinical-stage company developing innovative cancer treatments.  It identifies disease settings where targeting the disease microenvironment or specific cell types can improve clinical outcomes. Its first product, ASN-002, is a treatment designed for direct delivery into tumours and its clinical program will focus on basal cell carcinoma, which is the most common form of skin cancer worldwide. Capital to be raised: Up to $11 million.

3. Australian Careers Network Limited

Australian Careers Network is a full-service vocational education and training provider encompassing student marketing and recruitment, direct and subcontracted education and training delivery (registered and non-registered), the issuing of registered qualifications, tracking, processing and reporting functions under the Australian Skills Quality Authority and the Victorian Registration and Qualifications Authority. Capital to be raised: $70-$86.25 million.

4. Bailador Technology Investments Limited

Bailador Investment Management was founded in 2010 to provide expansion capital and committed board level support to entrepreneurs in the internet, information technology and related sectors of the economy. Capital to be raised: $40 million.

5. Enverro Ltd

Enverro provides technology services in workforce mobilisation and contract management. Capital to be raised: $4 million.

6. IPH Limited

On listing, IPH will wholly own Spruson & Ferguson, one of the leading intellectual property services firms for the protection, commercialisation, enforcement and management of IP. Capital to be raised: $165.9 million.

7. Jacana Minerals Limited

Jacana Minerals boasts a portfolio of mineral sands and graphite prospects in Tanzania. Jacana was spun out from Syrah Resources Limited on 1 October 2014 and expects to be listed on the ASX in early December. Capital to be raised: $10 million.

8. Medibank Private Limited

Medibank is an integrated healthcare company providing private health insurance and health solutions to more than 3.8 million people in Australia and New Zealand. Capital to be raised: $5.508 billion.

9. Mustera Property Group Limited

Mustera is an Australian-focused property investment and development company. It provides a property development platform to invest and develop residential, commercial, industrial, hospitality and mixed-use projects. Capital to be raised: $2 million.

10. Perpetual Equity Investment Company Limited

Perpetual Equity Investment Company offers investors access to a portfolio of predominantly high-quality Australian and global listed securities, selected by Perpetual Investment Management, one of Australia's most experienced fund managers, and managed to provide regular income and long-term capital growth. Capital to be raised: $600 million.

11. Premiere Eastern Energy Limited

A leading integrated supply chain manager of petrochemical products based in the Guangdong Province, China. As an integrated supply chain manager, it engages in the wholesale distribution of petrochemical products including sourcing, storage, shipping, sales and marketing and after-sales services of petrochemical products in China. Capital to be raised: $10 million.

From ASX

The entities listed above have made application for admission to the official list of ASX. Part of this application process includes the allocation of a provisional ASX code and the provision of details about the entity on the linked page below. In some instances ASX provides a link to a third-party site from which the offer document and application form may also be available for download.

The allocation of a code and the provision of a link to a third-party site does not in any way imply that the entity's application for admission to the official list will be approved and should not be considered in any way as an indication of the merits of the entity. Use of a link to a third-party site indicates your acceptance of the conditions.

It is advisable to obtain investment advice before making any investment decisions relying on information provided on a third-party site, and the entity's offer document should be read in its entirety before any decision is made to invest in the entity's securities.

The views, opinions or recommendations of the author in this article are solely those of the author and do not in any way reflect the views, opinions, recommendations, of ASX Limited ABN 98 008 624 691 and its related bodies corporate ("ASX"). ASX makes no representation or warranty with respect to the accuracy, completeness or currency of the content. The content is for educational purposes only and does not constitute financial advice. Independent advice should be obtained from an Australian financial services licensee before making investment decisions. To the extent permitted by law, ASX excludes all liability for any loss or damage arising in any way including by way of negligence.

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