Street Talk

Global protection products manufacturer taps brokers for $500m IPO

Sarah Thompson, Kanika Sood and Emma Rapaport

Updated Jun 22, 2025 – 2.51pm, first published at 1.54pm

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AIS Limited, a designer, manufacturer and installer of advanced materials that protect energy infrastructure on land and at sea, is making its way to the ASX, tapping brokers Henslow and Morgans to launch an initial public offering.

Street Talk understands AIS, headquartered in the United Kingdom, is seeking institutional investor support for its IPO, dispatching its joint lead managers and underwriters to kick off cornerstone meetings with super funds and fund managers ahead of an August listing.

Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.

Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.

Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.