Popular Mexican fast-food chain Guzman y Gomez had a successful debut on the Australian Stock Exchange, with shares skyrocketing by 39.1%. The company, valued at 2.23 billion Australian dollars, saw shares rise to AU$30.28 on their first day of trading. After increasing the offer size to 15.3 million shares, Guzman y Gomez raised AU$335.1 million. The IPO, the largest in Australia since 2023, received strong support from investors, including funds advised by Capital Research Global Investors. With over 200 restaurants in various countries, Guzman y Gomez continues to expand its presence globally. Barrenjoey and Morgan Stanley acted as joint bookrunners for the successful IPO. This landmark debut solidifies Guzman y Gomez's position in the market and highlights its potential for future growth and success.