We're a Baker Tilly network member
About Baker Tilly

IPO

Taking your business public can help secure investment for growth, manage succession and support an exit strategy to reap the rewards of the business you have built.
Taking your business public

IPOs can help to fund a rapidly growing business and create worldwide credentials, while also supporting succession or exit plans. The prospect of taking your business public is both exhilarating and daunting, and it is crucial to get it right the first time.

Listing your company can expose you to significant costs and a new scope of risks. It is also a time-consuming process which can take anywhere from three months to two years. Seeking professional guidance will help ensure a smooth IPO process, from reviewing historical financials, ensuring the accuracy of forecasts and preparing a prospectus to undertaking marketing, lodging a listing application and finally closing on an offer.

What is involved in the IPO process?

Disclosure and reporting requirements
Prior to listing, management time is required to bolster internal controls, board structures and corporate governance processes.  

Costs and fees
Including underwriting or brokerage fees, accounting, legal and other professional fees, prospectus costs and ASX listing fees. 

Susceptibility to market forces
Once listed, a company’s share price is susceptible to market forces outside of its control, irrespective of financial performance or balance sheet strength.  

Reduced level of control
The sale of company shares inevitably involves ceding a degree of control to outside shareholders. Your company may be subject to takeover bids and activist investors.  

Director responsibilities
Listed companies face additional responsibilities including greater disclosure of salaries, restrictions on share dealing, and more time and money invested on investor relations. 

Escrow periods
ASX guidelines specifically target early investors and vendors who have been issued securities in exchange for assets or services provided and current directors. Typically, this period is 12 or 24 months.

How can we help?

Our team of highly experienced IPO specialists can assist with:

  • Historic audits, including review of financials to meet stock exchange admission requirements  
  • Review of accountant reports on historical, pro-forma historical and forecast financial information  
  • Due diligence of the entity undertaking IPO and companies being acquired as part of an IPO 
  • IPO advisory services
List your company with confidence

Pitcher Partners brings a partner-led, highly experienced team to every IPO that we advise on, ensuring both business owners and incoming investors have the utmost confidence in knowing that all regulatory requirements have been met.

We provide commercial, pragmatic advice and a prudent approach to all financial analysis. While the output of an Independent Limited Assurance Report is a standard form letter with a clean opinion, there is an enormous amount of work that goes on behind the scenes to ensure all regulatory requirements are met.

Our experts

asdfafsdfa Warwick Face

Warwick Face

Partner

Brisbane


View profile
asdfafsdfa James Beaumont

James Beaumont

Partner

Melbourne


View profile
asdfafsdfa Scott Edden

Scott Edden

Partner

Newcastle and Hunter


View profile
asdfafsdfa Michael Liprino

Michael Liprino

Executive Director

Perth


View profile
asdfafsdfa Scott Whiddett

Scott Whiddett

Partner

Sydney


View profile

Pitcher Partners insights

Get the latest Pitcher Partners updates direct to your inbox

Thank you for you interest

How can we help you?

Business or personal advice
General information
Career information
Media enquiries
Contact expert
Become a member
Specialist query
Please provide as much detail to ensure appropriate allocation of your query
Please highlight a realistic time frame that will enable us to provide advice within a suitable and timely manner. Please note given conflicting demands with our senior personnel, we will endeavour to respond to you within the nominated time frame. If you require an urgent response, please contact us on 03 8610 5477.
Responses to queries submitted via this form (“Response”) are produced by Pitcher Partners Advisors Proprietary Limited and are prepared for the exclusive use and benefit of those who are invited, and agree, to participate in the CRITICAL POINT NETWORK service. Responses provided, or any part thereof, must not be distributed, copied, used, or relied on by any other person, without our prior written consent. Any information provided is intended to be of a general nature and prepared without taking into account your objectives, circumstances, financial situation or particular needs. Any information provided does not constitute personal advice. If you act on anything contained in a Response without seeking personal advice you do so at your own risk. In providing this information, we are not purporting to act as solicitors or provide legal advice. Any information provided by us is prepared in the ordinary course of our profession and is based on the relevant law and its interpretations by relevant authorities as it stands at the time the information is provided. Any changes or modifications to the law and/or its interpretation after this time could affect the information we provide. It is not possible to guarantee that the tax authorities will not challenge a transaction or to guarantee the outcome of such a challenge if one is raised on the basis of the information we provide. To the maximum extent permitted by law, Pitcher Partners will not be liable for any loss, damage, liability or claim whatsoever suffered or incurred by any person arising directly or indirectly out of the use or reliance on the information contained within a Response. We recommend you seek a formal engagement of our professional services to consider the appropriateness of the information in a Response having regard to your objectives, circumstances, financial situation or needs before proceeding with any financial decisions. Pitcher Partners is an association of independent firms. Pitcher Partners is a member of the global network of Baker Tilly International Limited, the members of which are separate and independent legal entities. Liability limited by a scheme approved under professional standards legislation.
CPN Enquiry
Business Radar 2025
Dealmakers 2025
Federal Budget 2025-26
Search by industry