Following a frenetic start to the new financial year, things were a little quieter this week as the number of ipos both home and abroad trickled through slowly. Elevated iron ore prices were a positive catalyst for one new ASX listing, while Weber US ipo turned into a subdued affair.

New ASX listings

This week star performer was Pantera Minerals (ASX: PFE), a junior iron ore explorer that raised $7 million at $0.20 per share. The stock opened at $0.26 per share before racing to as high as $0.575 on its first day of trading, and then settling at $0.405. 

The early-stage WA-based explorer holds the Yampi project, which it believes may be prospective for iron ore and copper, as well as two other projects in the Weelarrana manganese project and Frederick polymetallic project. Shares edged lower on the second day of trading, albeit at $0.365 per share, the stock is still well above its starting point.

The other local name on debut was junior gold explorer Gold 50 (ASX: G50), which raised $10 million at $0.25 per share. Despite initially trading about 10% lower than the offer price, shares bounced higher and at one stage touched $0.29 before eking out a tiny increase on debut. Gold 50 is a precious-metals exploration company with projects in Arizona and Nevada, with its Golconda project adjacent to the Mineral Park porphyry copper deposit.

New US listings

Arguably the week most-anticipated listing was BBQ grill maker Weber (NYSE: WEBR), which followed in the wake of its industry peer Traeger. The company, however, was forced to cut the size of its ipo by more than half, and at the same time discount the price it pitched the offer to prospective investors. 

In the end, at a price-point of US$14 per share, and just 18 million shares issued versus an original plan of 47 million shares, Weber raised a fraction of its original target to list with a market cap of under US$4 billion. Nonetheless, the stock chalked out a near 18% rise on day one of trading.

Meanwhile, hair removal and waxing salon chain European Wax Center (NASDAQ: EWCZ) took to the boards of the US share market after raising US$180 million. Having sold 10.6 million shares at US$17 a piece, the company, with over 800 operating locations across the US leapt more than 25% on debut to close at US$21.39 per share.Regional NY bank Orange County Bancorp (NASDAQ: OBT) completed its US$34 million ipo overnight, and in the process, boosted the size of its offer. Shares in the company eked out a 2% gain.ipos from the likes of The Better Being Co. (BBCO), Cadre Holdings (CDRE) and WCG Clinical (WCGC) were all postponed this week as each company hit pause amid a slightly cooler' ipo market, while a few other names scheduled to list this week remain in limbo.