McGrath ASX IPO

Overview:

• McGrath has undertaken an IPO on the ASX.
• The company raised approximately A$130 million at a market capitalization of A$280 million. 
• The company has sold a 53.7% stake.
• JPMorgan and Bell Potter are acting as joint lead managers and underwriters.
• McGrath is a residential property agent.
• John McGrath, will keep a 27% stake.

Katrin Kostadinova - Data analyst