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IPOs

Access newly-listed companies and securities such as hybrids through Initial Public Offerings (IPOs).
 

 

 

Access your ANZ Share Investing account  Log on

Invest before it hits
the market

An Initial Public Offering (IPO) or ‘float’ is an exclusive chance to buy shares or securities before they become available on the sharemarket.

With ANZ Share Investing, you can access two types of IPOs. On-market IPOs typically allow you to buy shares in smaller or younger companies through ASX BookBuild. 

Off-market IPOs typically allow you to invest in some of Australia’s largest and most established companies, either through shares, interest rate securities or hybrid securities (which combine elements of shares and interest rate securities). 

 


Details at a glance
 

Apply now

May be suitable if you:

  • are looking to invest in newly-listed companies
  • are comfortable with the risks of IPOs (e.g. uncertain market price)
  • have an understanding of hybrid securities

Minimum investment:

Varies

Brokerage starting from:

N/A

More rates and fees


The IPO process

1. Prospectus

The prospectus contains all of the information needed to help investors make an informed decision about investing in the company.

2. Application

The company decides who it wants to offer its IPO to. If you're offered the chance to invest in a company IPO, you can choose to apply online with ANZ Share Investing. 

3. Allocation

After all the applications are in, the company will allocate shares or the securities. Sometimes there aren't enough securities to fulfil all of the applications. This is called oversubscription, and you might receive fewer securities than you initially applied for, or maybe none.


Key considerations

Benefits

  • Opportunity
    IPOs give you the opportunity to invest in a company's shares or securities before they're listed on the stock exchange.
  • Distributions
    As an owner of the securities, you'll be entitled to any dividends or interest paid by the company.
  • Franking credits
    You can potentially save money on tax when part of the tax payable on the dividends you earn has already been paid by the company you're invested in.

Risks

  • Uncertain market price
    There's no guarantee the value of the securities will rise or maintain their value after going public. If the securities drop in value, you can lose some or all of your money. 
  • Liquidity
    IPOs may have low liquidity and can be difficult to sell.
  • No dividends
    Some companies might decide to not pay dividends to investors.

How to apply

  1. Apply for an ANZ Share Investing account
  2. Verify your identity
  3. Deposit funds in your account
  4. Start trading!
 

Apply now

 

Details to have handy

  1. Current Australian driver’s licence, and
  2. Australian birth certificate or Australian citizenship certificate, or
  3. Australian passport (current or one that has expired within the last two years) or current foreign passport including the signature page.

Not opening an individual account? Complete the application and we'll let you know what documentation you need to provide.

 

   

Why choose us?

  • Flexible trading platforms that let you trade on the go
  • Powerful trading tools, advanced charting and trusted research
  • Trade with your own funds or borrow from ANZ
  • Seamless integration with ANZ Internet Banking and ANZ Investment Lending
  • Immediately trade sale proceeds prior to settlement
  • Earn Qantas Pointsdisclaimer when you trade
   

Contact us

  

1300 658 355

Mon-Fri 8.00am to 8.00pm (Sydney time)

  

Send us an email

   

The ANZ Share Investing service is provided by CMC Markets Stockbroking Limited ABN 69 081 002 851 AFSL 246381 (CMC Markets Stockbroking), a Participant of the Australian Securities Exchange (ASX Group), Sydney Stock Exchange (SSX) and Chi-X Australia (Chi-X) at the request of Australia and New Zealand Banking Group Limited ABN 11 005 357 522 (ANZ). Disclosure documents relating to ANZ Share Investing products and services are available on anzshareinvesting.com or by calling us on  1300 658 355. ANZ is the issuer of the ANZ Cash Investment Account, ANZ Share Investment Loan and ANZ V2 PLUS Account. The obligations of CMC Markets Stockbroking are not guaranteed by ANZ. CMC Markets Stockbroking and ANZ are not representatives of each other. The information has been prepared without taking account of your objectives, financial situation or needs. Before acting upon any advice, you should consider whether it is appropriate for you having regard to your objectives, financial situation and needs.

The ANZ Share Investment Loan is provided by Australia and New Zealand Banking Group Limited ABN 11 005 357 522, AFSL 234527 ("ANZ").

An ANZ Share Investment Loan is subject to investment risks, including possible losses in income, capital invested and additional liability for the loan. We therefore strongly advise you talk to your financial planner, tax adviser and/or stockbroker and ensure you understand the risks, the specific tax implications as well as the legal and financial ramifications of a share investment loan.

ANZ does not give personal advice about the ANZ Share Investment Loan. This information is of a general nature and has been prepared without taking account of your objectives, financial situation or needs. You should consider the appropriateness of the information, having regard to your objectives, financial situation and needs. ANZ recommends that you read the ANZ Share Investment Loan Product Disclosure Statement and the ANZ Investment Lending Terms and Conditions which are available at wealth.anz.com/investments/investment-loans or by calling the Client Services Team on   between 8.00am and 6.00pm (Sydney time) during ASX trading days before deciding whether to acquire, or to continue to hold the product.

All ANZ Share Investment Loan applications are subject to ANZ’s credit approval criteria. Fees and charges apply and are available at wealth.anz.com/investments/investment-loans or by calling the Client Services Team on  between 8.00am and 6.00pm (Sydney time) during ASX trading days.

You must be a member of the Qantas Frequent Flyer program in order to earn Qantas Points. A joining fee may apply. Membership and points are subject to the terms and conditions of the Qantas Frequent Flyer program. ANZ Share Investing customers can earn 1 Qantas Point per AU$3 spent on  brokerage fees on shares, ETFs, interest rate securities, warrants and options by providing your Qantas Frequent Flyer number to ANZ Share Investing prior to trading. For shares, ETFs, interest rate securities, warrants and option trades, this offer only applies to trades executed where orders are placed under ANZ Share Investing retail User IDs on ANZ Share Investing retail accounts.

Qantas Points will be calculated based on the brokerage amount on trades involving shares, ETFs, interest rate securities, warrants and options. GST is included, for the purpose of calculating Qantas Points earned. Qantas Points cannot be earned on phone trades, trades placed through IRESS, SMS contract note confirmation fees or hard copy contract note fees, trades executed or fees charged for Off Market Transfers and miscellaneous trading fees which may include stamp duty, transaction fees or exchange related fees. 

Only the User ID under which the order is placed is entitled to earn Qantas Points. To accrue Qantas Points against your User ID, you must have entered your Qantas Frequent Flyer number on the ANZ Share Investing platform prior to placing an order.

Please allow up to 10 business days for your Qantas Points to be credited to your Qantas Frequent Flyer account. 

ANZ Share Investing reserves the right to terminate or vary this offer at any time, without notice.

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