What we know so far
Offer price: | $1.00 |
Proposed code: | NDO |
Expected raise: | $99,200,000 |
Expected listing: | 16 October 2023 |
Nido Education shares are now publicly available to purchase on the Australian Securities Exchange (ASX). Here's what we know about the IPO and how you can buy in.
Nido Education has listed on the ASX, so you can now buy shares over the stock market. To do that, you'll need to be signed up to a broker. Your cheapest option is to sign up to an online broker. Check out the steps below:
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Nido Education lodged its prospectus with the Australian Securities and Investments Commission (ASIC) to list on the ASX under the ticker symbol NDO.
Canaccord Genuity (Australia) Limited, Wilsons Corporate Finance Limited and MA Moelis Australia Advisory Pty Limited. were appointed as lead managers with an expected raise of $99,200,000 at $1.00 per share. You can check out some of the key dates and figures in the table below:
Nido Education IPO key numbers | |
---|---|
Offer price | $1.00 |
Dividend yield | 65% |
Total number of shares available under the offer | 99,200,000 |
Proposed ASX code | ASX: NDO |
Target market cap | $219,500,000 |
Retail offer opens | 21 September 2023 |
Retail offer closes | 4 October 2023 |
Expected listing on ASX | 16 October 2023 |
Expected dispatch of holding statements | 11 October 2023 |
According to latest information available, retail investors (regular investors) have between 21 September 2023 and 4 October 2023 to participate in the Nido Education IPO. After the retail offer close date, you'll need to wait until the stock is publicly available on the ASX to buy shares.
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