Value: $973.6 million (indicative market cap)

Area: Equity capital markets

Key players: The Clayton Utz team was headed up by partner Stuart Byrne (pictured), with the support of partner Jonathan Algar and solicitors Hannah Kimber and Christian Bourke.

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Deal significance: WiseTech is an Australia-based software solutions provider for logistics companies.

At the IPO, shares were priced at $3.35 but trading opened at $3.41 when the company went public on 11 April.

On the first day of trade, the company’s share price rose 16.2 per cent to hit a high of $3.89, giving it a market capitalisation of around $1.2 billion.

The IPO offered 50.03 million shares, with gross proceeds of $167 million.

Of these shares, 34.5 million were allocated to the institutional offer, 12.44 million to the broker firm offer, 1.84 million to the priority offer and 1.3 million to the employee offer and employee bonus arrangements.

WiseTech CEO Richard White said the listing was the “beginning of the next phase of our long-term plan”.

“As we grow our global capability and product innovation, we will continue the sensible use of capital and our focus on growing customer and shareholder value.”

Clayton Utz partner Stuart Byrne said the “hugely successful” IPO came amid challenges in the global market.

“It underscores the exciting SaaS business that WiseTech and its management team have built, and the sophistication of the Australian regulatory landscape and capital markets,” he said.