For growth-stage and international companies alike, listing on the Australian Securities Exchange (ASX) is a strategic gateway to global capital. In this guide, we explore how to list on the ASX, key requirements, and why Boman Group is the trusted partner for navigating this critical milestone.
Why Choose the ASX?
The ASX is among the top 10 global stock exchanges, known for its transparency, liquidity, and access to institutional capital. With over 2,000 listed companies, A$80 billion in daily trading volume, and one of the world’s most active IPO pipelines, the ASX provides a robust platform for businesses to raise funds, scale operations, and expand globally.
Unlike many other major exchanges, the ASX supports both mature corporations and emerging growth companies, offering a uniquely accessible path to the public market.
How to List on the ASX: Step-by-Step
Understanding how to list on the ASX begins with proper planning and execution. A standard ASX IPO process includes the following stages, typically over 4–6 months:
-
Appoint an advisory team
Legal counsel, auditors, investment bankers, and IPO consultants (such as Boman Group) are engaged to begin structuring the offering. -
Prepare the prospectus and conduct due diligence
Financial statements, risk disclosures, governance structures, and business strategies are reviewed and formalized. -
Engage with investors
Roadshows and institutional engagement begin to test market interest and secure cornerstone support. -
Submit to ASIC and ASX
The prospectus is lodged with regulators, while listing applications are filed with the ASX. -
Capital raising and IPO marketing
Shares are priced and offered to investors in a public offering or placement. -
Go public
On listing day, the company’s shares are officially traded on the ASX.
With the right support, this process is highly efficient and investor-friendly.
Who Is Eligible to List?
Companies must meet either a profit test or an asset test:
-
Profit test:
-
A$1 million aggregate profit over the past 3 years, and
-
A$500,000 in the most recent 12 months
-
-
Asset test:
-
A$4 million net tangible assets, or
-
A$15 million market capitalization
-
In addition, companies must have:
-
At least 300 non-affiliated shareholders
-
A minimum 20% free float
-
A sound corporate governance structure and clear business strategy
Foreign companies may list via CHESS Depository Interests (CDIs), allowing them to maintain offshore incorporation while offering Australian investors legal and economic benefits.
Why Work with Boman Group?
At Boman Group, listing advisory is more than a transaction—it’s a long-term growth strategy. We provide end-to-end IPO solutions, including:
-
Pre-IPO feasibility and readiness assessment
-
Structuring, financial modeling, and legal coordination
-
Prospectus drafting and regulatory submission
-
Institutional investor engagement and marketing
-
Roadshow planning and media positioning
-
Post-listing IR support and secondary capital raising
As a licensed financial services provider in Australia, Hong Kong, and (via QFLP/QDIE) mainland China, we are uniquely positioned to serve both Australian and international companies—especially those with ties to the Asia-Pacific region.
Our ecosystem includes leading law firms, top-tier brokers, experienced auditors, and Australia’s largest non-bank brokerage infrastructure. Whether you’re a tech startup, healthcare innovator, or global brand, we ensure your listing is compliant, compelling, and capital-ready.
简体中文 