Highlights

  • Ten companies have formally applied to list on the ASX between 24 July and 31 August 2026.
  • The float calendar is dominated by mineral exploration companies — eight of the ten listings are in the mining and resources sector.
  • Ceretas Limited (CTS) and Monvia Limited (MNV) represent the two non-mining listings — a medical technology company and a life insurance software provider respectively.
  • Capital to be raised ranges from $6 million (Gwardar Resources, Whiterock Lithium) to $50 million (Alurion Resources), with the combined total across priced IPOs exceeding $152 million.
  • Energy Fuels Inc. (EF2) will list as a foreign exempt CDI, joining the ASX without raising new capital in Australia.

The Australian Securities Exchange is preparing to welcome ten new companies between late July and the end of August 2026, according to the ASX's upcoming floats and listings page. The batch of new listings spans medical technology, insurance software, gold exploration, uranium, lithium and diversified mineral exploration, offering investors a range of new opportunities across sectors and market capitalisations.

The upcoming listing calendar reflects the ongoing strength of investor appetite for resources-sector IPOs, with eight of the ten companies operating in mineral exploration or mining production. At the same time, the inclusion of Ceretas Limited — a University of Queensland spin-out developing therapeutic ultrasound technology for Alzheimer's disease — and Monvia Limited, a software provider to the life insurance industry, signals that the Australian IPO market continues to accommodate technology and healthcare stories alongside the resource sector's dominance.

Listing dates are anticipated or proposed dates set by ASX following the completion of admission procedures. They are subject to change without notice, and investors should treat them as indicative rather than confirmed. All IPO details below are sourced from the ASX upcoming floats and listings page and are subject to the disclaimers and conditions published by ASX.

The Upcoming Listing Calendar

The following ten companies have formal listing applications lodged with the ASX and are expected to commence trading between 24 July and 31 August 2026. They are listed in chronological order of anticipated listing date.

Ceretas Limited (ASX:CTS) — Thursday 24 July 2026

  • Sector: Medical Technology / Healthcare
  • Issue Price: $0.25
  • Capital to be Raised: $8,000,000
  • Principal Activities: Medical technology — portable therapeutic ultrasound platform for Alzheimer's disease and other neurodegenerative conditions
  • Lead Manager(s): Caravel Securities Pty Ltd, Taurus Capital Group Pty Ltd (Joint Lead Managers)
  • Underwritten: No

Monvia Limited (ASX:MNV) — Friday 25 July 2026

  • Sector: Technology / Software
  • Issue Price: $1.10
  • Capital to be Raised: $17,500,000
  • Principal Activities: Software-as-a-service (SaaS) provider to the life insurance industry
  • Lead Manager(s): Euroz Hartleys Limited, Unified Capital Partners Pty Ltd (Underwriters and Joint Lead Managers)
  • Underwritten: Yes

Gwardar Resources Limited (ASX:GRS) — Tuesday 28 July 2026

  • Sector: Mining / Resources
  • Issue Price: $0.20
  • Capital to be Raised: $6,000,000
  • Principal Activities: Mineral exploration and mining
  • Lead Manager(s): Ora Capital Pty Ltd (Lead Manager)
  • Underwritten: No

Alurion Resources Limited (ASX:ALU) — Friday 31 July 2026

  • Sector: Mining / Resources
  • Issue Price: $1.05
  • Capital to be Raised: $50,000,000
  • Principal Activities: Mineral exploration company
  • Lead Manager(s): Canaccord Genuity (Australia) Limited and Petra Capital Pty Ltd (Joint Lead Managers)
  • Underwritten: No

Elk Range Mining Limited (ASX:ELK) — Monday 3 August 2026

  • Sector: Mining / Resources
  • Issue Price: $0.20
  • Capital to be Raised: $10,000,000
  • Principal Activities: Mineral exploration — gold
  • Lead Manager(s): Inyati Capital Pty Ltd, Euroz Hartleys Limited (Joint Lead Managers)
  • Underwritten: No

Aventine Resources Ltd (ASX:ARE) — Friday 7 August 2026

  • Sector: Mining / Resources
  • Issue Price: $0.20
  • Capital to be Raised: $20,000,000
  • Principal Activities: Mineral exploration — Paterson Project, Paterson South Project, Panorama Project and Mt Cecelia Project (Western Australia)
  • Lead Manager(s): Bell Potter Securities Limited (Lead Manager)
  • Underwritten: No

Almasar Minerals Limited (ASX:AMK) — Friday 14 August 2026

  • Sector: Mining / Resources
  • Issue Price: $0.20
  • Capital to be Raised: $27,000,000
  • Principal Activities: Exploration and mining
  • Lead Manager(s): Oracle Capital Group Pty Ltd, 708 Capital Pty Ltd (Joint Lead Managers)
  • Underwritten: No

Powerhaus Uranium Limited (ASX:POW) — Monday 17 August 2026

  • Sector: Mining / Resources
  • Issue Price: $0.20
  • Capital to be Raised: $8,000,000
  • Principal Activities: Mineral exploration and development — uranium
  • Lead Manager(s): Canaccord Genuity (Australia) Limited and Pamplona Pty Ltd (Joint Lead Managers)
  • Underwritten: No

Whiterock Lithium Corp. (ASX:WLC) — Thursday 20 August 2026

  • Sector: Mining / Resources
  • Issue Price: $0.20
  • Capital to be Raised: $6,000,000
  • Principal Activities: Mineral exploration and development — lithium (CDI 1:1 foreign listing)
  • Lead Manager(s): Euroz Hartleys Limited (Lead Manager)
  • Underwritten: No

Energy Fuels Inc. (ASX:EF2) — Monday 31 August 2026

  • Sector: Mining / Resources
  • Issue Price: N/A (CDI foreign exempt listing)
  • Capital to be Raised: N/A
  • Principal Activities: Mining production — uranium, vanadium, rare earth elements and heavy mineral sands (CDI 1:1 foreign exempt listing)
  • Lead Manager(s): N/A (foreign exempt listing)
  • Underwritten: No

Sector Breakdown of Upcoming Listings

The ten upcoming listings span three broad sectors, with mining and resources by far the dominant theme in the current IPO pipeline.

Mining and Resources (8 listings)

The eight mining and resources listings cover a range of commodities and project stages. Gold exploration is represented by Elk Range Mining (ELK), while uranium features through Powerhaus Uranium (POW) and the foreign exempt CDI listing of Energy Fuels Inc. (EF2) — an established US uranium and rare earth producer. Lithium is covered by Whiterock Lithium Corp. (WLC), a Canadian-headquartered company listing as CHESS Depositary Interests. Alurion Resources (ALU) and Aventine Resources (ARE) bring copper-gold and broader base metals exploration to the calendar, while Gwardar Resources (GRS) and Almasar Minerals (AMK) add diversified mineral exploration exposure. The dominance of resources in the IPO pipeline is consistent with the historical pattern of ASX listings, where mining and exploration companies have consistently represented the largest share of new issues.

Medical Technology (1 listing)

Ceretas Limited (CTS) is the standout healthcare listing in the current window. The University of Queensland spin-out is developing a portable, non-invasive therapeutic ultrasound platform targeting Alzheimer's disease and other neurodegenerative conditions. At a $0.25 issue price, the company is raising $8 million ahead of its 24 July 2026 listing — the first in the current batch to commence trading. Ceretas is categorised as a medical technology company rather than a pharmaceutical or biotech, as its therapeutic approach is device-based rather than drug-based.

Technology / Software (1 listing)

Monvia Limited (MNV) is the technology sector's representative in the current listing window. The company provides core software-as-a-service (SaaS) products to the life insurance industry and is raising $17.5 million at $1.10 per share, with Euroz Hartleys Limited and Unified Capital Partners acting as underwriters and joint lead managers. Monvia's underwritten structure distinguishes it from most other listings in this cycle, where the majority are not underwritten.

What Investors Typically Consider Around IPOs

Initial public offerings represent a distinct category of investment event compared with purchasing shares in established listed companies. The following are some of the factors investors and their advisers typically consider when evaluating new listings.

Prospectus disclosure is the primary source of information for IPO investors. The prospectus sets out the company's financial history (where available), its business model, use of funds raised, key risks and the basis on which the issue price has been set. Investors should read the full prospectus before making any decision to invest in an IPO.

Issue price and valuation are central to the IPO assessment. The majority of listings in this cycle are priced at $0.20 per share — a common price point for early-stage exploration companies where the offer is designed to be accessible to a broad retail investor base. Monvia's $1.10 price and Alurion's $1.05 price reflect more advanced businesses with established operational profiles.

Capital raised and use of funds indicates what the company intends to do with the money raised. For exploration companies, proceeds are typically directed toward drilling programs, geophysical surveys and working capital. For technology companies, funds usually support platform development, sales team growth and customer acquisition.

Underwriting status reflects the degree of certainty around whether the offer will proceed. An underwritten offer — as with Monvia — means a financial institution has committed to take up any shares not subscribed for by the public, ensuring the company raises its targeted capital. Non-underwritten offers carry the risk of being partially or fully withdrawn if sufficient investor demand is not met.

Lead manager and investor base quality can signal the level of institutional interest in the offer. Established lead managers — such as Bell Potter, Canaccord Genuity and Euroz Hartleys, who feature in the current listing calendar — typically conduct investor education and book-building processes that attract institutional and sophisticated investor support alongside retail applications.

Foreign Exempt Listings: Energy Fuels Inc.

Energy Fuels Inc. (ASX:EF2) is the only foreign exempt listing in the current window. Unlike a standard IPO, a foreign exempt listing does not involve raising new capital in Australia. Instead, the company — which is already listed on the New York Stock Exchange (NYSE American) and Toronto Stock Exchange (TSX) — is seeking a secondary listing on the ASX to expand access for Australian investors.

Energy Fuels is a US-based producer of uranium, vanadium, rare earth elements and heavy mineral sands, operating mines and processing facilities in the western United States. The CDI (CHESS Depositary Interest) structure means Australian investors hold a depositary interest that represents underlying shares in the US-listed company, with the exchange rate and US market trading hours relevant to pricing.

Foreign exempt listings are subject to a different disclosure regime than standard Australian IPOs. Investors in CDI listings should note that the company's primary regulatory obligations are to its home exchange rather than the ASX, and that US market conditions, US dollar movements and the company's NYSE pricing will typically be the dominant influences on the ASX CDI price.

Understanding Listing Dates and Timelines

The ASX upcoming floats and listings page distinguishes between two types of listing dates. A '#' symbol indicates a listing date that is a proposed date for first quotation as set out in the company's prospectus or information memorandum, and is subject to change. A '##' symbol indicates an anticipated date set by ASX following completion of admission procedures, also subject to change without notice.

For investors considering participation in an IPO, the key dates to monitor are the expected offer close date — after which applications can no longer be submitted — and the anticipated listing date, when trading in the new securities is expected to commence. All dates published on the ASX page are indicative and investors should verify current dates with the company, its prospectus or the relevant share registry.

The ASX only records new listings for which a formal listing application has been received. This typically means listings that are four to six weeks from commencement of trading. Companies that are still at the draft pathfinder prospectus stage, or that have requested confidentiality, do not appear on this listing until their application has been formally lodged.

Final Takeaway

The ASX is set to welcome ten new companies between 24 July and 31 August 2026, spanning medical technology, insurance software, gold exploration, uranium, lithium and broader mineral exploration. The batch reflects the enduring strength of resources-sector IPO activity on the ASX, while Ceretas and Monvia add healthcare and technology flavour to what would otherwise be a purely mining-dominated window.

Investors considering participation in any of the upcoming listings are strongly encouraged to read the relevant prospectus or offering document in full before making any investment decision. IPO investments carry specific risks — including the lack of a trading history, uncertainty about post-listing liquidity and the possibility that the offer will not proceed or will be scaled back — that are distinct from the risks of investing in established listed companies.