, Australia
406 views
Press photo. /Guzman y Gomez

Guzman y Gomez shares surged 36% on first day of trade

The brand closed closed trading at $30 a share.

Shares of Guzman y Gomez surged 36% to $30 on its first trading day.

The fast food chain ended its first day run at ASX to $3b, up from the initial $2.2b offered to investors.

The listing was considered the biggest first-day trading since 2021.

GYG initially announced the launch of its IPO valued at $2.2b with expected listing on the ASX on 20 June. After receiving a commitment from one or more funds advised by Capital Research Global Investors to subscribe for Shares at the Offer Price, the IPO size was increased by 38%.

Follow the link for more news on

Join QSR Media Australia community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!