Singapore-based AnyMind Group completes listing on Tokyo stock exchange

Proceeds from the IPO will be used for talent growth and expanding business.

Marketing firm, AnyMind Group, said it completed the initial public offering and listing on the Tokyo Stock Exchange Growth Market under the ticker number [5027].

“AnyMind Group newly issued 885,300 shares with an additional overallotment option and associated offering 403,400 shares, and a secondary public offering of 1,804,200 shares, at a price to the public of ¥1,000 per share,” said AnyMind.

The IPO proceeds will be used to invest in talent development and expand its footprint.

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In less than seven years since the Singapore-born firm started operations, AnyMind Group has expanded to 19 offices in 13 markets across Southeast Asia, East Asia, India, and the Middle East, and has grown its headcount to over 1,300 workers.

The firm posted a positive adjusted EBITDA of ¥1,005m for the fiscal year ended 31 December  2022, an improvement from ¥554 million for the fiscal year ended 31 December 2021.